LuckyKoala Review (November 2024)

Heads up, sports fan! If you're on the lookout for a new betting platform, Lucky Koala might just catch your eye. Established with a mission to provide a comprehensive sports betting experience, LuckyKoala boasts a diverse range of sports coverage, enticing bonuses, and user-friendly features.

Owned and operated by NewEra B.V., we’re here today to break down the sports, banking options, and safety net behind this platform in our official LuckyKoala review.

Before we dive too deep into our Lucky Koala review, let’s reveal the 3 biggest highlights and areas for improvement that we found in our journey.

LuckyKoala Strengths

• Sports Coverage - While still a bit behind some of the bigger sportsbooks in Canada, LuckyKoala has more than 25 sports to wager on, which is certainly above average. They’ve also seamlessly integrated crucial betting features like live betting, live statistics, and early cash-out, providing users with a dynamic and engaging betting experience.
• Convenient Payment Options - Despite notable absences like PayPal, Apple Pay, and Google Pay, there’s a nice variety of payment options at LuckyKoala sportsbook. Obviously, the usual suspects are there (Visa, Mastercard, Interac), but I like the addition of cryptocurrency, which isn’t always available, as well as Neteller and less common options like Mifinity and OneTouch.
• Simple Design - LuckyKoala is much like any other sports betting site; list of sports to the left, bet slip and stats to the right, and markets in the middle. While it may not be the flashiest online sportsbook on the market, it’s simple and easy to navigate, which is what most sports bettors value. You can also seamlessly switch back and forth between the casino and sportsbook.

LuckyKoala Weaknesses

• No Mobile App - With how quickly the Canadian sports betting landscape is evolving, it’s incredibly important for up-and-coming sportsbooks to focus on mobile play. Most sports bettors prefer mobile betting, and it will be hard to compete against industry titans like BetMGM, DraftKings, FanDuel, etc., without a mobile app.
• Limited Sports Bonuses - While the LuckyKoala welcome bonus is a nice boost and there are occasional promotions here and there, LuckyKoala Sports seems to take the backburner to LuckyKoala Casino. As a result, there is a relatively limited number of LuckyKoala promotions for sports betting, particularly compared to other sportsbooks in Canada.
• No Live Streaming - Unlike many of its competitors, LuckyKoala does not support live streaming of sports events, which may be a drawback for users who prefer to watch and bet on matches in real-time on the same platform.

In conclusion, LuckyKoala sportsbook is a fantastic option for those who prioritize betting variety, ease of navigation or prefer to bank with cryptocurrency. However, without a mobile app and no live streaming, they can’t yet compete with more renowned betting brands operating in Canada.

Before I sign up with any bookmaker, I want to ensure that the platform I’m placing my hard-earned cash with is both licensed and regulated by a reputable authority. Thankfully, LuckyKoals sportsbook holds a valid license from the Curacao Gaming Commission, one of the most well-respected organizations in the game, and is authorized to accept players from Canada.

Lucky Koala is owned and operated by NewEra B.V., a company registered and established under the Law of Curacao, with a license from the GC under License No. 365/JAZ. Utilizing advanced 128-bit SSL encryption, LuckyKoala ensures the safety of personal and financial data. Additionally, it adheres to responsible gaming practices, creating a secure environment for LuckyKoala sports betting.

Is LuckyKoala Legal in Ontario?

Even though LuckyKoala is able to operate under its Curacao license, it's essential to note that they have not yet obtained a license from the Alcohol and Gaming Commission of Ontario (AGCO) or iGaming Ontario specifically for operations in Ontario. Therefore, while it's legal and safe to use in Canada, LuckyKoala's legality in Ontario is pending official approval from regulatory bodies in the province. For more information on licensed operators in the province, you can check our Ontario betting sites page to explore fully legal options.

New members of are greeted with a generous 100% LuckyKoala Welcome Bonus, boosting their initial deposit up to $100. While the list of sportsbook bonuses may not be extensive, LuckyKoala Canada ensures players have ample opportunities to make the most out of their bets. For returning players, weekly reloads, free bets, and sport-specific LuckyKoala promotions, like the UEFA Tournament Knockout Stage offer, further enrich the betting experience.

LuckyKoala Sign Up Bonus

How to claim LuckyKoala Welcome Bonus?

1. Sign up as a new member.
2. Make your first deposit.
3. Enter the LuckyKoala promo code "KOALASPORT" during the deposit process.
4. Instantly receive a 100% bonus up to $100 on top of your deposit.

LuckyKoala Welcome Bonus Terms and Conditions

This LuckyKoala bonus is exclusively for new customers making their first deposit. Upon entering the LuckyKoala promo code "KOALASPORT," eligible customers receive a 100% bonus up to $100. The minimum deposit to qualify is $10, with a maximum bonus amount of $100.

To cash out the LuckyKoala bonus and winnings, players must fulfill a 12x rollover requirement within 21 days. Refunded, tied, cancelled, or denied bets do not count towards the rollover. Additionally, certain betting restrictions apply, such as avoiding bets with odds lower than 1.80 (-125) and specific market exclusions in NHL and NBA markets.

Despite being more renowned as an online casino, Lucky Koala has done an admirable job of including a few handy sports betting features to improve the overall experience. While we’d ideally like to see more options available, like same-game parlays and live streaming, the following features that are available at LuckyKoala sportsbook offer bettors greater control and flexibility in their wagering strategies.

LuckyKoala Live Betting

LuckyKoala's live betting platform immerses users in the heart of the action, seamlessly transitioning between pre-match and live markets. With an intuitive interface, bettors easily explore diverse betting options, from traditional to niche markets. Real-time updates on match statistics empower informed betting decisions, compensating for the lack of live streaming.            

LuckyKoala Early Cash Out

Offering strategic flexibility, LuckyKoala's early cash-out feature enables bettors to secure profits or minimize losses mid-event. Leveraging sophisticated algorithms, the cash-out amount reflects current game dynamics and odds. Users can access this option easily and confirm their decision, empowering them to optimize returns and manage risk effectively.

At LuckyKoala Canada, sports fans are in for a treat with a diverse range of over 25 different sports available in the sportsbook's pre-match section. From the classics like basketball, hockey, and the UFC to the more niche options such as netball, floorball and snooker, most sports fans in Canada will find a home at LuckyKoala. They’ve even got a nice selection of non-sports markets, like betting on political events or award shows.

With that being said, it’s worth noting that some other Canadian betting sites boast more variety when it comes to sports coverage and probably have more competitive lines compared to LuckyKoala betting odds, which are relatively subpar.

Here's a full breakdown of the most popular sports to bet on at LuckyKoala, along with the available leagues, events, and markets:

• Soccer - Soccer betting is probably the biggest attraction at LuckyKoala sportsbook, with thousands of leagues and markets open to wager on daily. From popular leagues like the EPL, La Liga, Serie A, Bundesliga and MLS to iconic international events like the UEFA Champions League, World Cup, Copa America, and more, soccer fans will never get bored here. Expect markets like match result, over/under, Asian handicap, first goalscorer, and exciting prop bets.
• Basketball - Following narrowly behind soccer is basketball at LuckyKoala, home to hundreds of pre-match bets for both local and international leagues. As you’d expect, they’ve got a healthy collection of NBA and NCAA markets, especially when it comes to the NBA Playoffs and March Madness, but LuckyKoala goes above and beyond with extensive coverage of the EuroLeague, FIBA World Cup, and Olympics. Aside from classic markets like point spreads, moneyline, totals, and props, their live betting section is quite impressive as well.
• Hockey - Every Canadian sportsbook needs to accommodate the crazed hockey fans of the Great White North, and LuckyKoala knows this. NHL betting is obviously the most popular option but they also provide ample opportunities for various hockey leagues from around the world, including the KHL, SHL Liiga and the IIHF World Championship. And with a wide range of betting markets available, including match winner, total goals, period betting, and more, hockey fans can wager on every aspect of the game and turn their passion into profit.
• Football - While maybe not the national sport of Canada, football is certainly among the most popular, especially from a betting perspective. Thankfully, from betting on the NFL to the NCAA College Football Playoff, LuckyKoala offers comprehensive coverage of all major football leagues and events. Wager on point spreads and moneylines throughout the regular season or amp things up a bit with unique prop bets and futures during the playoffs.
• Esports - Last but certainly not least, Esports betting fans will be ecstatic to know that LuckyKoala sportsbook has a dedicated section for all of your favourite eSports leagues and tournaments. From popular titles like League of Legends, CS:GO, and Dota 2 to emerging games like Valorant and Rocket League, LuckyKoala covers numerous eSports events from around the globe. Predict the match winner, map winner, first blood, total kills, and more.

Now that you’ve got a lay of the land in terms of the sports you can bet on at LuckyKoala sportsbook, you’re probably wondering what bets you can actually make. Whether you prefer the simplicity of moneyline betting or the dynamism of live betting LuckyKoala has several betting options to suit just about every preference and sports fan.

LuckyKoala Betting Markets

• Moneyline - The moneyline is a straightforward bet on which team or player will win a game or match outright, regardless of the margin of victory. Example: Betting on the Los Angeles Lakers to beat the Boston Celtics in an NBA game.
• Point Spread - The point spread involves handicapping the favourite team by deducting points or adding points to the underdog's final score, evening out the betting field. Example: Betting on the Kansas City Chiefs to beat the Buffalo Bills by at least 2.5 points.
• Totals (Over/Under) - Totals betting involves predicting whether the combined score of both teams in a game will be over or under a certain number set by the sportsbook. Example: Betting on the total points scored in the aforementioned Celtics vs. Lakers game to be over 225.
• Props (Proposition Bets) - Props are bets on specific outcomes or events within a game that don't necessarily affect the final result. These can range from player performance to game statistics Example: Betting on the number of touchdowns Travis Kelce will score in the Super Bowl.
• Futures - Futures bets are long-term wagers on events that will occur in the future, such as championship winners, season awards, or player transfers. Example: Betting on the Toronto Maple Leafs to win the Stanley Cup before the season begins.

Types of Bets Available

• Single Bets - Single bets are straightforward wagers on a single outcome or event. Example: Betting on the Toronto Blue Jays to defeat the New York Yankees in an MLB game.
• Multi Bets (Parlays) - Multi bets, or parlays, involve combining multiple individual bets into a single wager. While riskier than single bets, they offer higher potential payouts and are popular among bettors looking to maximize their returns. Example: Betting on the Over (225) in the Lakers vs. Celtics game, the Chiefs to cover the spread (-2.5) against the Bills, and Travis Kelce to score 2 touchdowns in the game.
• Live Betting (In-Play Betting) - Live betting allows bettors to place wagers on games or matches that are already in progress, allowing bettors to react to unfolding events in real-time and capitalize on shifting odds. Example: Betting on the next team to score in a live EPL soccer match between Arsenal and Manchester City.

Unfortunately, there is no LuckyKoala app available to download at the moment as they have not yet developed one. While their site has been efficiently designed with HTML5 software, enabling mobile sports betting, it can’t quite compete with modern sports betting apps. The truth is that many of their Canadian counterparts have developed very intuitive and well-designed mobile apps, and the fact that LuckyKoala doesn’t have one will certainly set them back, especially considering they’re already one of the lesser-known names in the sports betting sphere.

On the plus side, the mobile-optimized website works well on any personal device and you'll get access to the same range of sports and features on mobile as you would on the desktop site.

At LuckyKoala Casino, players are greeted with a vast array of high-quality games developed by renowned software providers including Pragmatic Play, Play’n GO, NetEnt, Microgaming, Evolution Gaming, and more. The game library at LuckyKoala Casino spans classic slots, modern video slots, table games, live dealer games, and progressive jackpot games, with thousands of popular titles to choose from, including the Book of Dead, Sugar Rush, Big Bass Bonanza, Starburst, and Gonzo’s Quest Megaways.

Players can immerse themselves in captivating themes and aim for significant payouts across a variety of slots or test their table skills with Vegas classics like roulette, blackjack, baccarat and poker. Plus, LuckyKoala Casino’s live dealer section is quite extensive, offering an authentic casino experience streamed live from real casino environments, with the chance to interact with live dealers and participate in popular game shows.

I was pleasantly surprised by how easy it is to create a LuckyKoala sportsbook account. It's a very straightforward 2-page registration form consisting of login details and basic personal information. They also prompt you to claim the LuckyKoala Welcome Bonus before you even start creating an account, so you literally can't miss it. Here's a brief step-by-step guide:

• Click on the “Register” Button - Begin by clicking the “Register” button on the official LuckyKoala Canada website to initiate the registration process.

• Claim Your Offer - Select your preferred welcome bonus from the LuckyKoala promotions provided before proceeding with registration. This ensures you don't overlook the enticing Lucky Koala sign up bonus.

• Complete the Registration Form - On the first page, fill in your login details, including email, username, and password.

• Provide Personal Info and Submit - On the second page, enter basic personal information such as your full name, country, currency, and cell phone number. Review the details, then hit “Submit” to complete the registration process.

LuckyKoala offers a variety of secure deposit and withdrawal options, ensuring swift and convenient transactions for players. Efficient payment methods like Interac, Neteller, and crypto payments are available, as well as traditional Visa and Mastercard bank cards, catering to different preferences. They also accept Mifinity and OneTouch, both of which are not commonly offered by Canadian sportsbooks. While the minimum deposit varies depending on the method chosen, the platform generally facilitates swift withdrawals, with processing times typically ranging from a few hours to 1-2 business days.

Although classic withdrawal methods like bank cards may take longer (2-5 business days), options like Interac, Neteller and crypto offer quicker processing times, typically within 48 hours (at most). However, it should be mentioned that LuckyKoala sportsbook implements Know Your Customer (KYC) procedures, requiring players to provide proof of identification, location, and personal banking accounts before they can withdraw any funds. While this is designed to add an extra layer of security, keep in mind that this might add some time to the whole withdrawal process.

My experience with Lucky Koala's customer support was excellent. They offer 24/7 support via email and live chat, the latter of which I was able to connect with instantly. While there is an FAQ page covering common questions, I found the live chat to be the most efficient way to get immediate help. The FAQ section also answers very simple questions, like “How to open a LuckyKoala account?” or “How to place bets?”, both of which most sports bettors already know or are fairly easy to figure out.

Aside from live chat, the email option is another fantastic choice, as many customers have reported getting responses back in less than 48 hours. There is no phone support option at the moment for LuckyKoala sportsbook, but this is relatively common nowadays anyway.

Reflecting on my experience with LuckyKoala, I find myself pretty torn. On the one hand, I’m someone who strongly values having variety when it comes to sports, and LuckyKoala has a lot of markets to wager on. They also accept various popular payment methods and their platform is easy to use. All of these things combined lead it to being a fantastic option for newcomers. However, more experienced sports bettors, particularly those who value innovative betting features like same-game parlays or live streaming, or the convenience of mobile sports betting, can probably find a more complete platform elsewhere.

Features: Live Streaming, Live Statistics, Early Cash Out

Sports Covered: Soccer, basketball, hockey, football, esports, tennis

Apps: N/A

Payment Options: Visa, Mastercard, Interac, Cryptocurrency, Neteller, Mifinity 

Contact Information: Live Chat, Email, FAQ