Our verdict on SBOBET
SBOBET scores 4.6 out of 5 and is listed with a caution. It accepts BDT accounts and publishes a BDT sports bonus with clear terms, but its old Isle of Man licence is gone and press reports from 2025 describe the wind-down of the companies behind it. We last checked the site on 19 October 2026.
The licence scores 4.5 out of 5, because the T&C name a company, a regulator and a licence number. The Bangladesh and bonus scores are both 5. Payments score 2, because the public pages show cards, e-wallets and crypto but do not confirm bKash, Nagad, Rocket or Upay. The red-flag score is 0 out of 5, which is what pulls the total down: four separate reports, listed under Cautions, concern the licence and the companies that ran the brand.
Key facts
- Official domain: sbobet.com, with a help centre on the same domain.
- Operator and licence: the T&C say sbobet.com is owned and operated by Entrope S.R.L, licensed and regulated under the Tobique Gaming Act 2023 by the Tobique Gaming Commission, licence no. 0000077. Disputes go to Egis ADR.
- Former licence: Celton Manx, the Isle of Man operator of SBOBET, surrendered its licence effective 9 May 2025.
- Welcome offer: 100% sports bonus up to 6,000 BDT with code HIT, 18x deposit plus bonus within 30 days, valid until 31 December 2026.
- Payments shown: Visa, MasterCard, NETELLER, Skrill and crypto. bKash and Nagad are not confirmed.
- Apps: an Android APK from the site and an iOS app on the App Store, per the help centre.
SBOBET welcome bonus in BDT
SBOBET's "100% Sports Welcome Bonus" gives new players a 100% match on the first deposit, up to 6,000 BDT. The bonus is for sports betting. It is claimed with a promo code entered on the registration page.
HITThe terms set these conditions:
- Wagering: 18x the deposit plus the bonus, within 30 days of the bonus being credited.
- Period: from 1 January 2026 to 31 December 2026, 23:59 GMT-4.
- Eligible countries: Bangladesh, Cambodia, Indonesia, Myanmar, Malaysia, Thailand and Vietnam only.
- Minimum deposit: not stated on the terms page.
Worked example. Because the deposit counts towards wagering, the turnover is twice what a bonus-only rule would need. A 2,000 BDT deposit gets a 2,000 BDT bonus. The balance is 4,000 BDT, and 18x that is 72,000 BDT in sports bets within 30 days. At the cap, a 6,000 BDT deposit gets 6,000 BDT, and the turnover becomes 18 x 12,000 = 216,000 BDT. Thirty days for 216,000 BDT is about 7,200 BDT of bets a day.
SBOBET also has a separate casino welcome bonus, but its terms do not list BDT among the eligible currencies. A BDT account cannot use it.
Account and payments
SBOBET accepts players from Bangladesh, and BDT is one of its account currencies. Its help centre says the currencies and payment methods offered depend on the account's licence and country of residence.
The site footer shows Visa, MasterCard, NETELLER and Skrill, and USDT is listed as a supported currency. The methods for each currency are on a separate payment-options page, and the public pages we read do not confirm bKash, Nagad, Rocket or Upay. The help centre has articles on minimum deposit and withdrawal amounts, but they point to that payment-options page rather than stating figures. No processing times are published. Check the cashier for the methods and limits that apply to your account.
Mobile-wallet accounts used for gambling risk being frozen. Our report on BFIU account freezes explains what has happened so far.
Games and providers
SBOBET is best known as a sportsbook, with a casino alongside it. The only studio we confirmed on its pages is Pragmatic Play Live, which supplies live dealer tables; our Pragmatic Play guide covers the studio. We did not confirm other providers or a game count, so older claims about the lobby have been removed. The welcome bonus is a sports offer, so casino play does not help clear it.
SBOBET app
SBOBET's help centre describes the SBO app: an Android APK downloaded from SBOBET's own site, by button or QR code, and an iOS version listed on the App Store. Some download links in that help article point to third-party short-link domains. Use only the links on SBOBET's own site. The APK installs outside Google Play's checks, and fake casino apps are common in Bangladesh, so if Android or your browser warns you, do not install.
Cautions
Why SBOBET carries a caution
Its operator surrendered the Isle of Man licence in 2025; the brand now relies on a Tobique (First Nation) licence.
Four reports explain the caution:
- Isle of Man licence surrendered. Celton Manx, the Isle of Man operator of SBOBET and SBOTOP, surrendered its online gambling licence effective 9 May 2025, as Manx Radio reported in May 2025.
- UK partner fined. TGP Europe, the white-label partner behind SBOBET and SBOTOP's British-facing sites, surrendered its GB licence after a GBP 3.3m fine from the UK Gambling Commission over anti-money laundering failures, according to SBC News in May 2025.
- Company being dissolved. Celton Manx Limited was reported among the companies applying to be dissolved in the Isle of Man, according to Vixio in November 2025.
- A First Nation licence. The Tobique Gaming Commission is a First Nation regulator, not a provincial or national one. We did not verify the licence independently. The homepage footer shows no licence seal, and the help centre's FAQ still speaks of "licences issued by authorized commissions" without naming one.
Is SBOBET legal in Bangladesh?
No. A Tobique licence does not make it legal to bet or play from Bangladesh, and neither would any other offshore licence.
No: online casinos are illegal in Bangladesh
Bangladesh's Parliament passed the Gambling Prevention Act 2026 on 30 June 2026. It took effect on 1 July 2026 and replaced the colonial-era Public Gambling Act 1867. Unlike the old law, it covers online gambling directly, the promotion of gambling, and the use of VPNs and mirror sites to run or hide it. Using a VPN does not make playing legal. Online gambling carries up to 5 years and/or Tk 1 crore (up to 7 years for online betting; reports differ on whether this covers bettors or operators). What changed on 1 July 2026.
| Offence | Maximum penalty |
|---|---|
| Gambling (offline) | 2 years and/or Tk 2 lakh |
| Online gambling (playing) | 5 years and/or Tk 1 crore |
| Online betting (reports differ on whether this covers bettors or operators) | 7 years and/or Tk 5 crore |
| Running a platform, bookmaking, or using VPNs, proxies or mirror sites to run or hide gambling | 7 years and Tk 5 crore |
| Advertising, sponsorship, affiliate or referral promotion | 3 years and/or Tk 50 lakh |
| Organised gambling or laundering via SIMs, MFS or crypto | 10 years and Tk 5 crore |
- Enforcement is active. Between 1 January and 15 September 2026 the CID reported 115 arrests; in 2026 it has charge-sheeted 88 people and asked BTRC to block 763 gambling sites and apps.
- Payments are monitored. Bangladesh Bank has ordered MFS providers to stop gambling transactions, and the BFIU has frozen tens of thousands of bKash, Nagad and other accounts linked to gambling. The authorities have said they are working on stopping holders of frozen accounts from opening new ones with the same NID.
- Offshore licences do not help. A Curaçao, Anjouan or other foreign licence only lets an operator serve countries where gambling is allowed. It gives no legal protection to players in Bangladesh.
- Crypto is not a workaround. Bangladesh Bank has said dealing in cryptocurrency is illegal (2021), and the 2026 Act makes laundering gambling money through crypto a separate offence.
This is a summary for information, not legal advice. Penalties are as reported by the press; "and/or" means a court can impose prison, a fine or both. Sources: TBS News, The Daily Star, UNB; the Act's text on Bangladesh Laws (in Bengali). Full legal guide.
Pros and cons
Pros
- Accepts players from Bangladesh and offers BDT accounts
- Sports welcome bonus in BDT with clear terms: 18x deposit plus bonus within 30 days
- Operator, regulator and licence number named in the T&C, with an ADR body
- Android APK and an App Store app, per the help centre
Cons
- Its operator surrendered the Isle of Man licence in 2025; the brand now relies on a Tobique (First Nation) licence
- Celton Manx surrendered its Isle of Man online gambling licence effective 9 May 2025
- TGP Europe, its UK white-label partner, gave up its GB licence after a GBP 3.3m fine over AML failures
- Celton Manx Limited was reported among companies applying to be dissolved
- Casino welcome bonus not open to BDT accounts; bKash and Nagad not confirmed
FAQ
What is the SBOBET promo code for Bangladesh?
HIT. It is entered on the registration page and unlocks the 100% sports welcome bonus of up to 6,000 BDT, valid until 31 December 2026. We checked the terms on 19 October 2026.
Who licenses SBOBET now?
The T&C name Entrope S.R.L as the operator, licensed by the Tobique Gaming Commission under licence no. 0000077. The earlier Isle of Man licence held by Celton Manx was surrendered in May 2025.
Can a BDT account get the SBOBET casino bonus?
No. The casino welcome bonus terms do not list BDT among eligible currencies. Only the sports bonus is available in BDT.
Does SBOBET accept bKash or Nagad?
Not on the public pages we read. The footer shows Visa, MasterCard, NETELLER, Skrill and crypto, and the methods for BDT are listed on a separate payment-options page.
Sources
We read SBOBET's home page, promotions page, the "Who is SBOBET" article, the general T&C, both welcome bonus terms, and the help articles on currencies, deposits, withdrawals, payment methods and the SBO app on 19 October 2026. The press reports are linked under Cautions. The dated record of our check is in "What we checked" below. The law summary comes from our guide to Bangladesh's gambling law, and the scores follow our rating method.
Our rating of SBOBET
Rating 4.6 out of 5Five scores from 0 to 5, each based on what we found on the operator's own pages (last checked 19 Oct 2026). Their weighted total is shown on our 3.8 to 5 scale: the top-ranked casino shows 5.0 and the lowest-ranked 3.8. Commissions play no part. How we rate
- Licence · 30%4.5
Tobique Gaming Commission (Tobique Gaming Act 2023), licence 0000077, as stated by the operator.
- Bangladesh support · 20%5.0
Accepts players from Bangladesh and offers BDT accounts.
- Bonus transparency · 20%5.0
Welcome offer checked on 19 Oct 2026 on the operator's site, with its wagering terms published.
- Local payments · 15%2.0
No Bangladeshi methods listed; only Crypto, Visa and MasterCard.
- Red flags · 15%0.0
4 documented problems, each costing 2 points:
- Its operator surrendered the Isle of Man licence in 2025; the brand now relies on a Tobique (First Nation) licence.
- Celton Manx, the Isle of Man operator of SBOBET and SBOTOP, surrendered its IoM online gambling licence effective 9 May 2025.
- TGP Europe, white-label partner behind SBOBET/SBOTOP's British-facing sites, surrendered its GB licence after a GBP 3.3m UKGC fine over AML failures.
- Celton Manx Limited was reported among the companies applying to be dissolved in the Isle of Man.
What we checked
| Item | What we found |
|---|---|
| Welcome offer | 100% up to 6,000 BDTSource: the operator's offer page, checked 19 Oct 2026 |
| Licence | Tobique Gaming Commission (Tobique Gaming Act 2023), licence 0000077 |
| Payments listed | Crypto, Visa, MasterCard, NETELLER, Skrill |
| Accepts players from Bangladesh | Yes |
| BDT accounts | Yes |
| Last full check | 19 Oct 2026 |
Sources
- sbobet.com
- promo.sbobet.com
- help.sbobet.com/article/who-is-sbobet-297.html
- help.sbobet.com/article/general-terms-and-conditions-1337…
- help.sbobet.com/article/100-sports-welcome-bonus-terms-an…
- help.sbobet.com/article/100-casino-welcome-bonus-terms-an…
- help.sbobet.com/article/what-are-the-currencies-that-sbob…
- help.sbobet.com/category/deposit-withdrawal/deposit/23
- help.sbobet.com/article/what-are-the-minimum-deposit-amou…
- help.sbobet.com/article/what-are-the-minimum-withdrawal-a…
- help.sbobet.com/article/what-payment-methods-are-availabl…
- help.sbobet.com/article/how-to-download-sbo-app-12680.html
- gold.manxradio.com/news/isle-of-man-news/celton-manx-surr…
- sbcnews.co.uk/featurednews/2025/05/16/tgp-europe-debet-sb…
- vixio.com/articles/latest-gambling-news-celton-manx-isle-…
Alternatives to consider
Three casinos that have fewer documented problems than SBOBET and are otherwise closest to it in our ratings:
3 sites ranked by our rating method
- Rank 1
Rating 5.0 out of 5Betandyou
Checked 20 Oct 2026- Licence:
- Curaçao (as stated by operator)
- Payments:
- bKash, Nagad, Crypto, Skrill
Welcome offerUp to €1,500 + 150 FS over 4 deposits (about 218,000 BDT)
18+ · New players only · T&Cs apply · Play responsibly · Affiliate links: we may earn a commissionOffer checked on the operator's site 20 Oct 2026
- Rank 2
Rating 4.8 out of 5Linebet
Checked 20 Oct 2026- Licence:
- Curaçao (as stated by operator)
Welcome offer100% up to €100 (BDT amount varies with the exchange rate)
18+ · New players only · T&Cs apply · Play responsibly · Affiliate links: we may earn a commissionOffer checked on the operator's site 20 Oct 2026
- Rank 3
Rating 4.6 out of 5Yohoho Bet
Checked 16 Oct 2026- Licence:
- Curaçao (as stated by operator)
- Payments:
- Crypto
Welcome offer100% up to €1,500 + 150 FS (no BDT amount published)
18+ · New players only · T&Cs apply · Play responsibly · Affiliate links: we may earn a commissionOffer checked on the operator's site 16 Oct 2026
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Written by
Editorial team
The BestCasinosBD editorial team writes and fact-checks every page. It checks bonus, licence and payment claims against operators' own public pages and official sources, and records the date of each check.