Tipico Sportsbook Review (CLOSED)
Important: Tipico Sportsbook is no longer active in the US sports betting market.
Tipico Sportsbook stopped accepting new registrations on June 26th, 2024, after reaching an acquisition agreement with MGM Resorts subsidiary LeoVegas to acquire Tipico’s US sports betting and online casino technology platform. Tipico US announced it would wind down its US operations prior to finalizing the acquisition.
Which States Was Tipico Sportsbook Legal In?
Tipico Sportsbook offered legal online sports betting in four states:
- Colorado
- Iowa
- New Jersey
- Ohio
Tipico Sportsbook Bonus Offer
Tipico Sportsbook welcomed new users with a modest but customer friendly signup bonus:
Bet $25, Get $100 in Bonus Bets
Most of Tipico’s competitors advertised larger sports betting bonuses, but they also came with more terms and conditions. In contrast, the Tipico Sportsbook bonus had minimal terms and was easy to claim. Most notably, the Tipico bonus had zero wagering requirements.
New customers could claim the bonus in three steps:
- Sign up for a Tipico Sportsbook account
- Opt-in to the offer during registration and make a $25+ deposit
- Place a first wager of at least $25 on any market with odds of -200 or longer (-200, -120, +140, +300, etc.)
Bettors who registered, claimed the offer, and placed a qualifying wager received two bet credits worth $50 each within 24 hours.
Other Tipico Sports Betting Promotions
Tipico Sportsbook ranked above average in promotional offers volume. Bettors could log in most days to find numerous betting promos, many of which provided significant value.
Below is a list of promotions customers could claim during the week BettingUSA published this review. Tipico changed its betting offers regularly, but the following examples provide insight into its approach to promotions.
- New Users: NBA Finals – Suns in Four: During this promotion, Tipico promised all new users a $444 cash payout with no wagering requirements if the Phoenix Suns swept the NBA Final Four series in four games. New users qualified by placing a $1 moneyline wager on the Suns to sweep the series.
- 20% Loyalty Reload Bonus: Existing customers who deposited during this Tipico promotion received a 20% bonus worth up to $150 extra.
- MLB Parlay Insurance: During the last MLB season, Tipico customers who placed a 3-leg or more parlay including at least one MLB game qualified for a refund of up to $750 if their parlay lost and one of the games included in the wager was a no-hitter.
- Independence Day Parlay Insurance: Customers who made a $10+ deposit and placed a parlay wager during this promo qualified for a 50% refund of up to $76 if their bet lost.
- July Betting Marathon: Customers who opted into this promo received a $200 cash bonus if they placed a qualifying wager of $10+ on 12 separate days during the promotional period.
- $10 Quick Reload Bonus: Tipico gave all users who deposited $50 or more during the promotional period an instant $10 bonus.
Tipico Cashback Rewards Program
Tipico Sportsbook offered a refreshingly straightforward and high-value rewards program that put all others to shame. Instead of complicated rewards points conversions and loyalty tiers, the Tipico Sportsbook rewards program offered three to five percent cash back on all wagers.
There were two cashback tiers:
- 3% cashback on all straight bets with odds of -200 or longer
- 5% cashback on all parlays with odds of -200 or longer
In an industry where getting the equivalent of 0.5% cashback is considered “pretty decent,” three to five percent was actually shocking. What’s more, that was not 3-5% after converting rewards points to bonus funds and then running the math to approximate a cashback rate. That was 3-5% in withdrawable cash.
There were two caveats:
First, bettors only got cashback on wagers placed at odds of -200 or longer. For example, a $100 bet moneyline bet at odds of -110 would earn $3 cashback. Likewise, a $100 parlay at odds of +500 would earn $5 cashback. Wagers at odds of -220, -300, -400, etc. did not earn cashback rewards.
Second, Tipico only released the cashback rewards at specific thresholds of wagering activity. For example, a new bettor would get their first cashback payout after placing $50 worth of wagers. The thresholds increased as bettors accumulated cashback rewards, but customers could always see their progress toward the next payout threshold in the betting slip.
Tipico Sportsbook Review
Tipico was an above-average sportsbook in some ways and just average in others. The large welcome bonus and user-friendly app were two big selling points. Customers could easily download and use the app, claim a large bonus, and bet on sports. In addition, Tipico offered same game parlays and allowed bettors to request custom wagers through its “request a bet” feature.
Shortcomings included odds that were just average, a mobile app that quickly logged out users if they aren’t active, and subpar international coverage. The in-play betting schedule was not the busiest, but Tipico provided in-game odds for major US events.
Tipico App Review
Tipico was a mobile-first sportsbook with standalone apps for iOS and Android devices. Bettors could visit Tipico.com for the official download links and to sign up for accounts, but users had to install the app to view the lines and place wagers.
BettingUSA tested the Tipico iOS app on an iPhone and found it lightweight, responsive, and easy to use. The Tipico software ran smoothly and transitioned instantly from one page to the next. Overall, it was a well-designed mobile betting app.
One minor annoyance some bettors noticed was that the app seemed to have a habit of logging users out rather quickly if they weren’t active. As a result, BettingUSA had to log back in multiple times while composing this review. However, its penchant for logging out did not dramatically impact the experience. As long as bettors were using the app and browsing the odds, they had no issues.
Tipico Sportsbook App Screenshots
Tipico In-Play Betting
Tipico offered a standard in-play betting platform and covered most major events, but its coverage was not as extensive as some of its competitors.
Customers could view all ongoing events by tapping the “live” menu item on the app’s homepage and select any sport from there to view the current odds. Overall, the in-play betting interface was intuitive and easy to navigate.
However, Tipico did not provide an upcoming in-play schedule. The lack of a schedule was not a significant drawback, but it could annoy users interested in betting on smaller events where live coverage is uncertain.
On a more positive note, Tipico’s in-play betting interface was above average. Game pages loaded quickly, Tipico Sportsbook odds updated in real-time, and Tipico provided many live and pregame statistics to assist in handicapping.
When users visited an in-play betting page on the Tipico app, they could swipe the game display at the top to view a live game tracker that displayed what was happening on the field, in-game statistics, historical trends, implied win probability percentages for each team, and more.
The only major miss right was a lack of live streaming video. While most of the nation’s most popular sportsbooks offer live game broadcasts, Tipico only provided running updates and visual game trackers.
Tipico Sportsbook In-Play Betting Screenshots
Tipico Sports Betting Markets
Tipico ranked a little below average in market depth and league coverage, but it did have some points in its favor.
The variety of leagues covered was not as comprehensive as some of Tipico’s competitors, particularly for international sporting events. However, Tipico did cover some international events, including soccer and tennis, in great detail.
Additionally, Tipico provided excellent coverage of US-centric leagues. Tipico’s US coverage included all mainstream pro leagues plus minor league games and more. For instance, Tipico even offered wagers on Triple-A baseball games.
Market depth was good but not great for most events. Tipico covered major sporting events for the US pro leagues in great detail, but coverage could be spotty for less popular leagues and international events.
For example, Tipico’s betting options on a randomly selected NBA game spanned numerous categories:
- Standard pregame bets on the moneyline, point spread, and total
- Alternative point spreads and totals
- Player props
- Game props
- 1st, 2nd, 3rd, and 4th quarter outcomes
- 1st half outcomes
Tipico Deposit Methods
Tipico accepted a standard array of betting deposit methods adequate for most users. New customers could sign up and fund their accounts with cash, credit, and electronic banking via the following methods:
Tipico Casino
Tipico also operated an online casino in New Jersey. Existing Tipico Sportsbook customers could log in with their existing credentials to play, with no additional download necessary.
Rather than launching a standalone casino app, Tipico NJ embedded casino games into its sports betting platform.
Tipico Casino users could expect a streamlined experience with games and promotions highlighted on the home page. The Tipico Casino app prominently listed the top games, along with slots, blackjack, and other table games for easy navigation. Players could select games by category or browse all games in alphabetical order.
Tipico Casino offered games in demo and real money modes, so players could quickly check out the content offering for free before signing up for a new account.
Commenting on the online casino product, Tipico US CEO Adrian Vella said:
“With a growing number of U.S. states open or regulating legal online casino activity-driving an average of $100 million in gross gaming revenue each month per state—this addition to our suite of products will be a key driver of growth for Tipico in North America in 2022.”
Tipico Customer Support
Tipico users could contact customer support via form e-mail and phone.
Tipico Sportsbook FAQ
Expert Opinion: Was Tipico Legit?
Tipico was a safe and experienced mobile betting provider. The company came to the US with significant experience, having launched in 2004 to focus on legal European markets. Today, Tipico is Germany’s leading online sportsbook and employs about 6,000 people worldwide.
When Tipico turned to the US, it gave every appearance of taking the market seriously. Tipico only operated in states where it was licensed and was an approved data licensee of several pro leagues, including the NFL, MLB, and NBA. However, as BettingUSA noted when Tipico was still active in the US market, we could not recommend Tipico because it struggled to attain significant market share and had an uncertain future as a result. Tipico had an excellent pedigree, but it faced stiff competition from other operators.
In summary, Tipico was a promising sportsbook. It made a good first impression with its welcome bonus and cashback rewards, but it faced significant upwinds in the US market. Plus, its acquisition by LeoVegas demonstrated that Tipico was legitimate enough to attract a buyout offer from a significant international operator.