Blacklisted Site

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12Bet Review

by Bookmakers Review | Updated October 16, 2023
About 12Bet

12Bet has been online since 2001. The sportsbook holds a BMR rating of 2, which means that they are currently on the sportsbook blacklist and should be avoided. Players are at risk of being slow paid or having winnings confiscated with blacklisted sportsbooks.

Check out all of our online sportsbook ratings in the 2024 Betting Sites Guide, which is updated weekly throughout the year.

12Bet Reputation

12Bet’s reputation plummeted when it refused to pay customers that won big at the Cheltenham Festival in 2016. TGP Europe, which operates 12Bet in the U.K., closed more than 5,000 players’ accounts and withheld their cash after accusing them of abusing bonuses.

However, it drew a fierce backlash on social media, and U.K. national newspapers such as the Daily Mail covered the drama. In the end, the Gambling Commission of Great Britain had to mediate. 

TGP accepted that its terms were unfair and did not provide a clear definition of bonus abuse, and it eventually repaid the affected players on a case-by-case basis. This case related to TGP Europe, but it affected 12Bet’s overall reputation.

The BMR forum and other similar forums have also received complaints regarding payout issues from customers in other markets. Possible unethical practices were flagged at one point too.


12Bet offers different banking methods depending on the market in which you are based. Visa is the most common option, but Skrill is often available too.

As mentioned earlier, there have been some criticisms about 12Bet’s payout process in various markets, so the site remains on our blacklist and we advise players not to use the site when there are more reliable online sports betting sites available.

Bonuses at 12Bet

TGP Europe agreed to overhaul the terms and conditions it applies to bonuses at 12Bet after the scandal in 2016. However, we urge you to examine the terms carefully before claiming a bonus with this sportsbook.

In the past, players have reported that they were tied down to unrealistic wagering requirements after claiming 12Bet bonuses in the past. These complaints are old, but they reinforce the sentiment that you should think carefully before redeeming a promo.

12Bet Security & User Experience

Everything about the 12Bet site looks perfectly legitimate. It is available in lots of different languages, and it is tailored to different markets.

The company has tied up major partnerships with large soccer clubs such as Arsenal and Leicester. It is the shirt sponsor of the Premier League team, Wolves, so it is by no means a small, obscure operator. However, we cannot guarantee that you will be paid out on time and in full, so we have given it a D- rating.

12Bet Customer Reviews

Some customers have complained that they were limited after going on a heater at 12Bet. Others said their accounts were closed after being accused of professional play. We have also heard reports of bonus issues. Yet some players report that they are happy with the service at 12Bet, so it is a mixed bag, but we stand by our D- rating and urge bettors to find alternative sites for their online gaming and betting needs.

Alternatives to 12Bet

There are always compelling alternatives to 12Bet, regardless of where you are based. If you are in the U.K., market-leading bookmaker Bet365 is a great option, while you can also try William Hill or BetRegal.

Customers in Asian markets such as Vietnam might like to try BetAnySports, which is perfectly catered to them, with great customer service, sharp odds and reliable payouts. Check out our online sportsbooks guide, select a country from the menu and choose one of the A+ or A-rated sites in that market. You’ll find highly reviewed offshore sites with exciting features and a variety of betting markets, including virtual sports and some more niche options, like politics. Our top-tier sites offer many bonuses and promotions to reward new and current players, and some present rewards programs, as well. 

FAQs – 12Bet

How long has 12Bet been in business?

12Bet has been in business since 2007. It is owned by Pacific Sea Invests, a company based on the Isle of Man, and it also holds a remote U.K. license.

Is 12Bet legit?

12Bet is a licensed operator, which suggests it is legit. In Asia, it holds a license from The Philippine Amusement and Gaming Corporation (PAGCOR). It also holds a license to offer sports betting in the U.K. from the Gambling Commission of Great Britain via TGP Europe.

Is 12Bet a reliable online sportsbook?

It depends on who you ask. Some bettors have complained on forums about payout issues at 12Bet over the years, so we placed it on our blacklist. However, other players say they have had no issues. 

How can I deposit funds at 12Bet?

The list of deposit options will vary according to the market you are based in, as 12Bet is a global operator. The most commonly used deposit methods are Visa, MasterCard and Skrill. In the U.K., it only accepts Visa right now due to a technical issue.

Does 12Bet pay out?

Many 12Bet customers report that they are paid out with no issues. However, others have complained about payout problems over the years. They have accused some bettors of being professionals and used that as an excuse to void their winnings.