Founded in 2017, Karamba is a relatively new kid on the block when it comes to sports betting. However, new in this case means modern, fresh and just fab!
They are heavily focused on Irish and British markets, which suits us just fine. Karamba is a favorite among many players for a number of reasons; it offers high betting limits, daily cross promotions, excellent range of improved betting opportunities and guaranteed odds. Karamba is known among insiders especially for their unique system known as KaramBOOST when you make accumulator bets.
Karamba was founded in 2005 and is operated by ASG Technologies Ltd. The bookie's reputation has increased significantly in the last few years thanks to its live-streaming options and wide range of betting services.
Licensing and Safety
Karamba is licensed and regulated by the UK Gambling Commission (UKGC) and the Malta Gaming Authority.
When it comes to cyber security, Karamba uses Verisign SSL technology to encrypt all data. They also have an automated log out feature that comes into play after 90 minutes of inactivity. In terms of player protection, the firm boasts a number of self-help tools, including deposit limits.
When betting at Karamba, punters can rest assured that the games offered are licensed and regulated.
Markets and Odds
Karamba provides players with numerous sports market. The massive scope also extends to the vast amount of different sport markets that they offer on their betting site. Some of the sports that the market offers include basketball, Aussie rules, boxing, football, greyhounds, ice hockey, MMA, horse racing, eSports, cycling, motor sports, politics, golf, netball, tennis, and many others.
You will find events such as World Cup finals, yachting and squash as well as special events that center on film and TV. However, as a UK based firm, they mainly concentrate on UK fixtures, with horse racing and football taking the lead. Football games can have hundreds of betting lines, including some that are hard to find anywhere else, like whether the third official will add any time and how much that could be.
Karamba have designed their sportsbook as one product from a whole portfolio of offers, so players can easily click over the casino for a few card games or scratch cards.
Karamba have decent Odds each day on every UK and Irish greyhound or horse race. This is applicable to each way, multiple and single bets on each succeeding race. For instance, if you wager on a greyhound that wins at a starting price of 5/1, but was placed at 5/2 earlier, you still get better value odds. On this bet, it would net you an extra £25 if you entered a £10 bet. If you enjoy national racing this is a great offer.
When it comes to odds, Karamba has got a fair status across the sportsbook, despite the fact that they concentrate more on football. The odds will not always be the best round, but they are competitive and a number of enhanced odds deals can increase their value. One type is the price boost where a list of odds is boosted right before a game. This could be a specific striker to score and his team to win and the odds could move from 5/1 to 7/1.
Karamba offers a good live in-play betting service. Players can view some of the current live options available on the landing page. From there, you can see a current fixture and all of its markets to get to the heart of the event. The live in-play betting at Karamba is very straightforward and simple. There are no flashy graphics or anything like that; it only displays the score and the list of markets. When it comes to the football matches, you get stats as you go along to help you out, but this is not available on all sports.
The site also offers a cash-out feature on most football markets as well and few horse races and Wimbledon tennis and darts betting markets. The cash out feature allows money back before the event is over, players are offered a settlement fee, a price at which they have the option of opting out of the bet. For example, if you stand to win £10 on your bet, you might be offered an early cash out of $5. Even if you were likely to lose the bet, the cash out prevents your exposure and you can take the cash out money.
The cash out is offered as part of in-play or live betting with odds being determined by the actual events of the live fixture. As such the odds, and the amount on offer by cashing out can be very unpredictable especially towards the end of the fixture.
Karamba doesn’t offer a live streaming service to its customers.
Bonus and Promotions
Karamba offers a great sign up bonus so it is well worth opening an account if you have not already done that.
• Deposit and place a bet of £10 or more to get a £10 free bet.
Terms and conditions apply. Always ensure that you check them out.
Another promotion offered by Karamba is KaramBOOST. This feature improves the odds of all accumulator bets by giving you additional returns. For example, if you make five correct picks on any bet using KaramBOOST, you’ll get 5% more back than you would have otherwise.
Deposits and withdrawals
The range of deposit options available at Karamba is not as vast when compared to some of other betting sites, but there are enough choices to cater for the needs of most players.
Major credit/debit cards such as Maestro, Visa, and MasterCard are accepted. Other methods include Laser, Solo, Visa Electron, and Neteller. Deposits are easy to make and can be completed instantly after you login. The bookie accepts seven different currencies ensuring that users from across the world can make use of their service,
The withdrawal methods also differ and include major credit and debit cards, Skrill, Cheque, Neteller, and Click2Pay. Each of these methods has different transfer times. E-wallet withdrawals are completed within the same day while withdrawals using credit/debit cards and bank can take up to 2-5 days. The minimum withdrawal limit is £10.
Note that Karamba currently do not offer deposits using Paypal.
Karamba is also popular thanks to its dedicated customer service. You can reach them through their email contact form, via live chat on their website or via telephone, 7 days a week, from 6:00 GMT to 23:00 GMT.
Telephone: 020 3318 9367