Review · Sportsbook
Reels.io launched in 2025. It takes deposits and withdrawals in crypto only, such as Bitcoin, Ethereum and Tether, and our data lists neither Taka nor a Bengali version.
Its review data advertises play without identity checks. That also means less protection for you if a dispute comes up.
At a glance
So what: an offshore licence from the Comoros, with less oversight than most regulators.
So what: a new brand with little track record yet.
So what: no Bangladeshi wallets; payments are crypto only.
So what: about ৳56 per ৳1,000 staked on our example odds. The average across the books we compared is 5.2%.
So what: online betting is an offence under the Gambling Prevention Act 2026. The Anjouan licence does not change that.
Margin against the market Example odds
The same two example cricket matches at Reels.io and 5 other bookmakers. These are example odds, not live prices.
Reels.io is on average 0.4 pp above the market in the examples. That is ৳37 per 10,000 in turnover.
| Match | Reels.io odds | Reels.io | Others, average | Best combined | Difference |
|---|---|---|---|---|---|
| Bangladesh v India T20, match winner | 2.44 / 1.54 | 5.6% | 5.1% | 2.6% | +0.5 pp |
| Sri Lanka v Pakistan ODI, match winner | 2.10 / 1.72 | 5.4% | 5.2% | 4.7% | +0.3 pp |
Example odds set by sport-bd.com, not live prices. pp = percentage points.
Payments
Reels.io lists crypto for deposits and withdrawals. Our data does not list Taka, mobile wallets or cards.
| Method | Deposit | Withdrawal | What it means |
|---|---|---|---|
| Bitcoin, Ethereum, Tether, Ripple | Yes | Ethereum, Tether | Prices move while the transfer runs. |
| bKash, Nagad, Rocket | – | – | Not in our data. |
Methods as listed in Reels.io's data on sport-bd.com. – means we have not confirmed it. Check the cashier for limits and fees.
Pros and cons
Who it suits
Crypto is the only payment route.
Krikya lists both.
Better pick: Krikya →
Jeetbuzz runs in Bengali.
Better pick: Jeetbuzz →
Alternatives Live
Other bookmakers in our ranking, compared on the same example match.
Krikya: bKash and Nagad deposits, live betting and a site in Taka, under a Curaçao licence.
Planbet: bKash, Nagad and Rocket deposits plus crypto, with a Bengali site, under a Curaçao licence.
Jeetbuzz: a Bengali site built around bKash and Nagad, with support on WhatsApp and Facebook, under a Curaçao licence.
No. The Gambling Prevention Act 2026, passed on 1 July 2026, replaces the Public Gambling Act 1867 and covers online gambling and betting. Online betting carries up to 7 years in prison or a fine of up to ৳5 crore. The Cyber Security Ordinance 2025 (section 20) also makes gambling in cyberspace, including promoting it, an offence. Reels.io's Anjouan licence does not make betting legal in Bangladesh.
Sources: The Daily Star via Asia News Network, The Business Standard.
Reels.io lists a licence from Anjouan in the Comoros. It is an offshore licence with limited oversight, and it does not cover Bangladesh.
Our data lists neither Taka nor bKash, Nagad or Rocket. Reels.io takes crypto only.
Its review data says you can play without identity checks. That can be quicker, but it leaves you with less protection if an account or payout is disputed.
Set a budget before you deposit and look in your Reels.io account settings for deposit limits and self-exclusion. Our responsible gambling guide explains the tools, and the gambling addiction page lists warning signs. If betting is causing you problems, seek local support from a doctor, counsellor or someone you trust.