Lebull
Licensed
On This Page
Pros
- Innovative brand
- Competitive odds
- Cash out available
- Great mobile apps
Cons
- No live streaming
- Recently reduced welcome offer
- English not available
Lebull is a relatively new entrant to the market having launched in 2023 and have made several major improvements since their establishment. Initially Lebull lacked a well rounded product – some sports markets and casino games were missing, and their welcome offer was quite underwhelming. A lot has changed since 2023, and we rate Lebull as one of the best online sportsbooks available in Portugal.
Lebull has one of the most interesting welcome bonuses in the market which covers free bets, deposit match, and even free spins that you can claim without depositing. We really like that it covers casino and sportsbook elements and the terms are quite reasonable in our eyes (you can read more about our thoughts on Lebull’s welcome offer below). Apart from promos, Lebull offers really competitive odds for all major sports leagues, but still they lack the variety of sports relative to Betano or Betclic. From a functionality perspective Lebull performs very well with a sleek desktop site and clean mobile apps.
Looking at Lebull’s casino, its still missing some key elements such as live table games and crash games. That being said, their catalogue of slots is impressive and features titles from major providers such as Pragmatic, Hacksaw, and Bgaming. Overall it’s a casino offering that should be sufficient for casual players, but more experienced casino players should look elsewhere.
Overall Lebull’s current product is a testament to their commitment to Portuguese players and we fully expect them to continue improving. If nothing else, Lebull’s welcome offer certainly makes them worth a go!
| Gaming Products | Sports Betting Casino |
|---|---|
| Deposit Methods |
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| Withdrawal Methods |
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| Withdrawal Limits | €25,000 per transaction |
| Currencies | EUR |
| Accepted Countries |
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| Licences |
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| Languages | Portuguese |
| Devices |
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| Owner | SOUTHERN STINGRAY, S.A. |
| Established | 2023 |
Lebull unveiled a new welcome offer in August 2025 which is unfortunately a downgrade vs their previous welcome bonus. Still, it’s a unique offer which includes rewards that can be claimed on sportsbook or casino on your first two deposits along with a no-deposit aspect. New players have a decision to make as you can only claim one offer per deposit. Here’s the breakdown:
Starting off you’ll be granted 25 free spins after registering your account – no deposit required. Free spins are valued at €0.10 each on the slot Touro Sortudo which translates to “Lucky Bull”. Free spins are valid for 24hrs and free spin winnings must be wagered 1x also within 24hrs, so make sure to act fast. Remember to use promo code CASINO during registration to claim this portion of the bonus.
Next is decision time.
Deposit 1
100% Deposit Match up to €100 (Casino only)
OR
€10 Free Bet on deposits of €10 or more
Deposit 2
50 Free Spins on deposits of €20 or more
OR
€10 Free Bet on deposits of €10 or more
Free Spin Terms
Free spins are credited to Sweet Bonanza by Pragmatic Play and valued at €0.20 each. These free spins come with the same terms as above: spins expire within 24hrs and winnings come with 1x wagering within 24 hours.
Free Bet Terms
Free bets must be used on minimum odds of 2.50. Both single and multi bets are eligible. Winnings from free bets are paid in cash, with no wagering requirements. Note that they expire in 24hrs, so you should have a bet lined up before claiming.
Simple and easy, we like it.
Deposit Match Terms
If you choose the casino deposit match bonus on your first deposit, you’ll be subject to 30x wagering requirements based on the bonus + deposit amount.
For example:
If you deposit €100, you’ll receive €100 in bonus, and will need to wager
(€100 + €100) × 30 = €6,000.
Many online casinos only apply wagering to the bonus amount itself, so this setup from Lebull significantly increases your total turnover, even though it’s promoted as a “30x” requirement. In our opinion these requirements are way too high. But if you do take this bonus, note that the wagering must be completed within 7 days.
Verdict
You should definitely claim the no-deposit free spins, that part is a no-brainer. We also recommend claiming the first free bet, as it offers good value with straightforward terms. If you enjoy betting at Lebull, the second free bet is also an easy choice. The only thing we strongly advise against is taking the deposit match casino offer.
Good luck!
| Bonus Type | Deposit Bonus Free Bets Free Spins No Deposit Bonus Welcome Bonus |
|---|---|
| Bonus Code |
CASINO
|
| Bonus Amount | € 10 |
| Minimum Deposit | € 10 |
| Free Spins | 25 |
| Free Spins Expiry | 1 days |
| Minimum Odds | 2.5 |
| Turnover | x1 |
| Expiry | 1 days |
FAQ - Frequently Asked Questions
Who owns Lebull Portugal?
Lebull is operated by SOUTHERN STINGRAY, SA. The brand has licenses for both online sports betting and casino play under license numbers 027 and 028 respectively.
Is Lebull available in English?
No, Lebull only supports the Portuguese language. The site can be accessed in English via desktop and mobile browser translation tools, although the experience is far from seamless.
Does Lebull have a mobile app?
Yes, Lebull has mobile apps available in both Apple and Google Play stores.
Does Lebull sponsor any football clubs?
Yes, Lebull is the primary sponsor of Rio Ave F.C. and CD Santa Clara of the Primeira Liga Portugal. They also Polish club Piast Gliwice.
Does Lebull have a welcome bonus?
Yes, Lebull has quite a good bonus which incorporates free spins, deposit match, and free bets. New users can claim 25 free spins upon registration and then claim either sportsbook or casino bonuses on their first 2 deposits.
Is Lebull legal in Portugal?
Yes, Lebull is fully licensed by the SRIJ to offer online sports betting and casino products in Portugal.
