An offshore, no-KYC crypto sportsbook - distinct from a similarly-named NBA-licensed Cyprus entity
Visit Cybet →Cybet welcome bonus in Cyprus
Here is the current Cybet welcome offer for players in Cyprus, where Cybet is licensed to operate. Bonus terms change and are set by Cybet for each market — always confirm the live offer on its own site. See every licensed betting site in Cyprus →
Pros
- Broad crypto-first sportsbook coverage (50+ sports, 1,000+ markets)
- 10+ cryptocurrencies with a very low $1 minimum deposit
- No KYC required for fast, private registration
- Fast customer support responses per independent review
Cons
- Offshore Anjouan licence, a weaker regulatory tier than Cyprus NBA licensing
- Genuine name-confusion risk with a separate, actually NBA-licensed Cyprus 'CYBET' entity
- No fiat currency support at all
- Trustpilot rating mixed (3.3/5), including account-restriction complaints
- No live streaming, no dedicated mobile app
- No KYC can also mean weaker consumer protection, not just convenience
Our verdict
We think the single most important thing to know about Cybet is a name-confusion risk, so we're leading with it: the crypto-focused cybet.com is operated by Eskimo Adventures Ltd, a Belize-registered company, under an offshore Anjouan (Comoros) gambling licence - one of the weaker tiers of licensing in the industry. This is a DIFFERENT entity from a similarly-named, genuinely Cyprus National Betting Authority-licensed operator ('CYBET C.B./BETTING OCY', run by BETATHLON LTD), confirmed directly via the NBA's own regulated-entities register. If you're looking for a properly Cyprus-regulated bookmaker, make sure you're on the right platform - this review covers the offshore Anjouan-licensed cybet.com. On the product itself: it's a genuinely broad crypto-first sportsbook, 50-plus sports and eSports disciplines across 1,000-plus markets, supporting 10-plus cryptocurrencies with deposits from just $1 and no KYC verification required at all - appealing if privacy and speed are your priority, concerning if regulatory protection matters to you. There's no fiat currency support, no live streaming and no dedicated mobile app. Trustpilot shows a mixed 3.3 rating, with some users reporting account restrictions and verification issues despite the platform's no-KYC marketing. A functional crypto sportsbook for users who specifically want offshore, anonymous, crypto-only betting - but genuinely not the same thing as, and easily confused with, a properly Cyprus-licensed operator, and that distinction matters.
How we rated it
Sportsbook & odds (25%)6
50+ regular sports and eSports disciplines with 1,000+ markets, live betting supported, per independent review - a genuinely broad crypto-first offering.
Bonuses & value (15%)6
100% first deposit up to $500 plus 50 free spins, minimum $10 deposit - a solid crypto-market welcome offer.
Payments & payouts (20%)6
10+ cryptocurrencies supported including Bitcoin, Ethereum, USDT and Solana, minimum deposit as low as $1, no fiat currency options - genuinely broad crypto coverage but zero fiat flexibility, and independent review flags no live streaming.
Support (10%)6
Independent review notes fast customer support responses, though language support is limited.
Mobile & apps (10%)5
No dedicated native mobile app confirmed, per independent review - a real gap versus rivals.
Trust & licensing (20%)2.5
This needs to be stated clearly: cybet.com operates under an offshore Anjouan (Comoros) licence, one of the weakest tiers of gambling licensing, held by Eskimo Adventures Ltd (Belize) - not a Cyprus National Betting Authority licence. A separate, genuinely NBA-licensed Cyprus entity trades under a similar 'CYBET' name, confirmed via the regulator's own register - a real risk of confusing a properly regulated Cyprus operator with this offshore, no-KYC platform. No KYC verification and VPN-friendliness compound the trust concern; Trustpilot shows a mixed 3.3 rating with reports of account restrictions.
Quick facts
| Founded | Launched 2024 |
| Operator | Eskimo Adventures Ltd, Belize |
| Licence | Anjouan (Comoros) ALSI-202409034-FI2 - offshore, weaker-tier licensing |
| Name-confusion risk | A separate, NBA Class B-licensed Cyprus entity trades under a similar 'CYBET' name (BETATHLON LTD) - confirmed via the regulator's register |
| Payments | 10+ cryptocurrencies, min deposit $1, no fiat, no KYC |
| Trustpilot | 3.3/5, mixed reviews incl. account restriction complaints |
| Welcome offer | 100% first deposit up to \$500 + 50 free spins, min deposit \$10 |
How we verified this
The Anjouan licence, operating company (Eskimo Adventures Ltd, Belize) and offshore/no-KYC nature of cybet.com are corroborated across independent sources. The existence of a SEPARATE, genuinely NBA-licensed Cyprus entity trading under a similar 'CYBET' name is independently confirmed via Cyprus's own National Betting Authority register - a real, verifiable name-confusion risk we report directly rather than conflate the two entities.
Where Cybet is licensed
Cybet appears on the official register in 2 countries. Highlighted countries have a full local review — pick yours for its welcome bonus and licence details.
Europe (2)
About Cybet
Cybet (cybet.com) is a crypto-only sportsbook operated by Eskimo Adventures Ltd (Belize) under an offshore Anjouan licence, launched in 2024 with no KYC verification. It is a separate entity from a similarly-named, genuinely NBA-licensed Cyprus bookmaker - a name-confusion risk we flag directly, since readers could easily assume they're the same operator.
Cybet FAQ
Is Cybet licensed in Cyprus?
The cybet.com platform is licensed offshore in Anjouan (Comoros), NOT by Cyprus's National Betting Authority. A separate entity with a similar 'CYBET' name (BETATHLON LTD, trading as CYBET C.B./BETTING OCY) does hold a genuine NBA Class B licence, confirmed via the regulator's own register - but that is a different operator. We flag this distinction directly since the names are easily confused.
Does Cybet require identity verification?
No - cybet.com operates with no KYC verification, which appeals to users prioritizing speed and privacy, but also means weaker consumer protections than a fully KYC-compliant, properly regulated operator would offer.
What is the Cybet welcome bonus?
A 100% match on your first deposit up to $500, plus 50 free spins, with a $10 minimum deposit and 35x wagering on the bonus plus deposit.
How do I pay at Cybet?
Cryptocurrency only - 10+ options including Bitcoin, Ethereum, USDT and Solana, with a minimum deposit of just $1 and no maximum limit. No fiat currency methods are supported at all.
Is Cybet trustworthy?
Trustpilot shows a mixed 3.3/5 rating, with some users reporting account restrictions and verification issues despite the no-KYC marketing. Combined with its offshore Anjouan licensing tier, we'd treat this as a higher-risk platform than a fully regulated, KYC-compliant sportsbook.