OctoBet
UKGC licence
Not licensed in United States
Not licensed in United States.
OctoBet is a UK sportsbook run by Octopus Game Limited on the FSB platform, launched in June 2024 and licensed by the UK Gambling Commission (account 62545).
Pros and cons
Pros
- UKGC remote licence 062545-R-337248-006 (betting and casino), active since Jul 2023
- Runs on the FSB platform with pre-packed and DIY bet builderSame game parlaySeveral picks from the same match combined into one bet, such as a goalscorer plus the total of goals. The bookmaker prices the combination itself. In the glossary →
- Wide A-Z menu (25+ sports) with live bettingLive bettingBetting while the event is already under way. Odds move with every goal, card or point. In the glossary →, esports and virtuals
- Best Odds GuaranteedBest odds guaranteedIn horse racing: if the starting price ends up bigger than the price you took, you are paid at the bigger one. In the glossary → on UK/IE racing (capped at £150 per bet) and acca bonusParlay boostExtra winnings a bookmaker adds to an accumulator when every pick wins, usually from a minimum number of picks. In the glossary → up to £50
- Accepted UKGC findings early and agreed an action plan (Mar 2026)
Cons
- UKGC settlement Mar 2026: £26,000 for AML and social responsibility failings
- UKGC found no real-time automated harm controls and late action on at-risk customers (2024-25)
- Small, new operator (UK launch June 2024) with little track record
- Payment methods, withdrawal times and offer terms not published outside the account
- UK only (UKGC); no Irish licence
Features
Products
- Casino: yes
- Live casino: yes
- Esports: yes
- Virtual sports: yes
Betting
- Live betting: yes
- Cash out: yes
- Bet builder: yes
Not checked yet: Poker, Live streaming, iOS app, Android app, Crypto payments, Deposit limits, Time-out, Self-exclusion
Countries
OctoBet operates in 1 country.
Available in these countries1
- United Kingdom
Company and licences
- Licences
- UK Gambling Commission
- Group
- Octopus Game Limited
- Platform
- FSB
- Founded
- 2024
Sister bookies
Bookmakers with the same owner or the same betting platform as OctoBet. Same platform often means the same odds and similar terms.