Our Complete Karamba Review for 2024

Advantages of Karamba
  • Good mobile experience
  • Ability to cash out bets
  • Range of live betting options
  • Decent welcome bonus
  • Fast markets and KaramBOOST

Karamba logoFounded in 2005, Karamba is an online casino, scratchcard provider and sportsbook owned by ASG Technologies Ltd Casinos out of the British Virgin Islands. The site is licensed by the UK Gambling Commission and the Maltese Gaming Authority.

Karamba’s sportsbook is the latest addition to the site, having only been added in early 2018. Like all parts of the website, the sports betting section maintains the fun-filled feel of the site and – of course – the Karamba parrot mascot. There’s no doubt that this is one of the most colourful and easy-on-the-eye sites around, and in our Karamba review, we will talk about this in more detail.

Grab your Karamba Sports bonus and start betting!

Down the left-hand side of the desktop page, you’ll find the featured events for the most popular upcoming sports events (such as Premier League football and horse racing), while the centre of the page is dominated by the latest promotions and live events. Unlike other sportsbooks, they haven’t tried to cram too much in, so it’s easy to find what you’re looking for without straining your eyes.

On the right side of the page is your typical betslip, as well as “Karambot”, an interesting feature that highlights betting tips on the site, rating the quality of them with a star system. It’s a nice and unique touch.

The Karamba sports betting section has all of your typical markets available on a vast range of sports (including even chess, e-sports and Gaelic curling), meaning you can bet on every from the result of matches to player markets, handicaps and more. As the Karamba sportsbook is still in its infancy though, you won’t find many special or unusual markets – largely because the sports section still plays second fiddle to the online casino on the site.

Players can, though, cash out in-play bets as they go, which is a hugely attractive feature for sports fans watching the action unfold.

Karamba Bonus – In Detail

The Homepage of KarambaThe Betting selection of Karamba

Those who haven’t previously registered to the site can pick up the Karamba bonus on sports, which comes in the form of a £10 matched deposit bonus. Meaning if you register and then deposit and bet £10 on any sports bet (with minimum odds of 2.0/evens) you’ll get a £10 free bet to use – regardless of whether your initial bet won.

The sports bonus must be placed at odds of at least 1.50 (1/2) with players able to withdraw any winnings from this – but not the bonus amount itself. The bonus can only be spent on a single bet and not spread over multiple bets. All in all, this a pretty standard sports welcome bonus.

Odds and Pricing of Bets

Like other online casinos that offer a sportsbook on the side, Karamba betting odds aren’t spectacular, although they are pretty much in line with the industry.

As we previously discussed, Karamba’s sports betting is very much the secondary product on this site and is targeted more to online casino players that like to bet on sports occasionally, as opposed to hardened sports fans that have little to no interest in casinos.

If you do like getting maximum value from your bets, though, you may be interested in KaramBOOST. This promotion offers players a top-up on any winnings placed on four-or-more fold bets. For a four-fold bet, you’ll receive a 4% bonus on any winnings, while this incrementally increases up to 15-fold bets with receive a massive 77% bonus if you win. KaramBOOST is undoubtedly one of the highlights of the sportsbook and is great for people who like to put on those big accumulators at the weekend.

Mobile Betting

As with many other modern online casinos, Karamba recognises the importance of an excellent mobile experience, and they have assured this across the site – including on the new sportsbook.

The Karamba betting experience is flawless on mobile browsers, but if you prefer a devoted app, they also have one of those available too on both Android and iOS. The Karamba app is free to download and provides the same sports betting experience as you would find on the desktop – but of course in a smaller, user-friendly package.

What’s more, with the ability to bet in-play, the Karamba mobile experience can help you really immerse yourself in sports and control your bets as you do so.

Karamba Live Betting and Streaming

This is a website that knows what sports betting is about, and so the Karamba live betting experience is second to none. Not only are a vast range of in-play markets available around the clock, but players on this sportsbook can also cash out bets in real time – which really is the pinnacle of an immersive sports betting experience. There are two ways that players can cash out as an event is taking place, either with a full cash out or a partial cash out – if they want to keep some of their stake active while guaranteeing some pay out.

Again, the Karambot is a great addition to the in-play markets, as it offers you the top tips on all the live action taking place at any moment.

Payment Methods

Deposits at Karamba must be at least £10, while withdrawals don’t have any minimum or maximum limits. Players can deposit at Karamba in a multitude of ways, including: Visa, MasterCard, bank transfer, Maestro, EcoPayz, Neteller, Paysafecard, Ukash, Entropay, Sofort, Euteller, Trustly and Skrill, amongst others.

Withdrawals take 48 hours to process (plus any time needed to send the money via your chosen method) and can be made using e-wallets, Visa, Mastercard or Maestro, bank transfers or even a good old-fashioned cheque if you wish. Payment methods at Karamba are straightforward without any transaction charges. It’s currently not possible to deposit or withdraw using PayPal or Bitcoin at Karamba.

Karamba payment methods

Safety and Security

With Karamba holding both UKGC and Malta Gaming Authority licences, you can be assured of a good level of safety and security with regards to your money, details and ensuring a fair playing experience at Karamba. By gaining these licences, Karamba has had to show that it is a responsible and capable business with no criminal connections, one that can afford to pay out players if they win and one that keeps player funds separate for operational funds in case the company where to go bankrupt.

Otherwise, Karamba has the typical level of security for a respected online casino, including use of 128-bit Secure Socket Layer (SSL) encryption technology to protect player data from hackers. The company also makes use of the VeriSign protocol, with its firewalls providing further protection to player data.

Lastly, an audit report from iTech labs is included on the website, providing an extra layer of transparency about the business to players.

Information About the Company

Karamba was founded and launched in 2005 as an online casino and picked up a modest fan based in the following decade. In 2017, the company announced its plans to add a sportsbook to the website, giving its casino players a new product to enjoy. The Karamba sports betting product was launched in early 2018.

Company: ASG Technologies Ltd
Address: 135 High Street, Sliema SLM 1549, Malta
Registration number: C42296
Regulation/license: MGA, UKGC
Phone: 02033189367
E-Mail: care@karamba.com
Live Chat: 06:00 – 23:00 (GMT)

The site is licensed by the MGA and UKGC and is owned by ASG Technologies Ltd Casinos.

Conclusion

Having built an excellent online casino product, Karamba have kept up the good work with the launch of their new sportsbook. In particular, the Karambot and KaramBOOST features are definitely worth checking – regardless of whether you’re new to sports betting or a seasoned pro.

Across the board, the Karamba betting experience ticks a lot of boxes. The entire site provides players with an easy-to-use and fun platform, with secure payments and a stress-free playing experience.

This isn’t one of the most advanced sportsbooks on the market, but it is should provide casual sports betting fans with everything they need: odds are reasonable, the range of markets available is vast and players are able to cash out their bets – even in-play.

Overall, Karamba has provided a very good sports betting platform to sit alongside it’s fun online casino, and that is why it has scored a very respectable 4/5 in our Karamba review. Looking for more? Check our our homepage for more information about the latest betting sites.