LeoVegas Review: What Its Prices Cost You Per £100 Staked
This is a price measurement, not a product review. LeoVegas was measured on the same basket as every other book in the August 2026 study — 58 of its match-result markets priced in the capture window — and came out 15th of 18 in the ranking — 9.40% margin, £8.59 per £100 staked. Nothing about its app, its offers or its service is measured here.
Commercial relationship. LeoVegas is a commercial partner and the link below is a paid one. Its place in the ranking is set by the measurement and was not adjusted for that.
What LeoVegas charged in the August 2026 sample
- Margin
- 9.40%
- Cost per £100
- £8.59
- Rank
- 15 of 18
- Markets sampled
- 58
The margin is the overround: add up the implied probability of every outcome in a market and a fair book totals 100%. LeoVegas totalled 109.40% on average, and that surplus is the charge. Expressed against your stake rather than against the fair book it comes to £8.59 per £100 — the two figures measure the same thing from different ends, which is why both are printed rather than one.
In this window the keenest book measured £5.67 per £100 and the dearest £10.58. LeoVegas sat £2.92 above the keenest end and £1.99 below the dearest. Its immediate neighbours were Sky Bet just keener and LiveScore Bet just dearer.
LeoVegas odds by competition
The same operator, the same window, 5 different answers — 4.50 points between LeoVegas’s own best and worst. A margin is not one number an operator sets; it is set market by market.
| Competition | Margin | Cost per £100 | Against its own average |
|---|---|---|---|
| ATP Canadian Open | 6.66% | £6.24 | -2.74 |
| Championship | 8.87% | £8.15 | -0.53 |
| Premier League | 9.31% | £8.52 | -0.09 |
| League One | 11.01% | £9.92 | +1.61 |
| League Two | 11.16% | £10.04 | +1.76 |
LeoVegas priced ATP Canadian Open most keenly at 6.66% and League Two least keenly at 11.16%, a span of 4.50 points between its own best and worst competition. A bettor who only ever backed ATP Canadian Open would therefore pay a different price at this operator than one who only ever backed League Two, without either of them doing anything differently.
What a 9.40% margin costs over a year
LeoVegas charges 9.40% on turnover, not on deposits. Stake the same pound twice and it is charged twice, which is what turns a small percentage into a yearly figure.
| Staked in a year | Cost at 9.40% | At the keenest measured | Difference |
|---|---|---|---|
| £1,000 | £86 | £57 | £29 |
| £5,000 | £430 | £284 | £146 |
| £20,000 | £1,718 | £1,134 | £584 |
These are arithmetic on the measured margin, not a prediction about anyone’s results. What happens to individual bets is a separate matter entirely; the margin is the part that is known in advance and charged whatever happens.
The third column is the same turnover at the keenest margin in this window, Betfred. At £5,000 staked the gap is £146 a year — worth setting against whatever the sign-up offer is worth, because one is charged every year and the other arrives once.
Who holds the LeoVegas licence
| Licensed entity | LeoVegas Gaming PLC |
|---|---|
| Account number | 39198 |
| Licence number | 039198-R-319450-028 |
| Held since | April 2016 |
| Domain registration | leovegas.co.uk · Active |
LeoVegas is a brand, not a licensee. The Commission licenses LeoVegas Gaming PLC under account 39198 for remote betting on real events, and every price measured on this page was published under that licence. The account has held it since April 2016.
The same account carries 5 further active domains outside this study: 21.co.uk, betmgm.co.uk, betuk.com, pinkcasino.co.uk, slotboss.co.uk. What sits behind each of those is not something we measure; they are listed because the licence is the part of a brand’s ownership that is public, and the rest of it generally is not.
LeoVegas on the Gambling Commission’s register
The Commission’s register of regulatory actions currently lists nothing against LeoVegas Gaming PLC. That is what the register shows on the date we checked it, 7 August 2026, and not a judgement about the operator: matters age off the register over time, and an absence today is not a guarantee about the past.
Where an operator in this study does carry an action, it is printed on its own page with the date and the published outcome, whether or not we earn from it.
Where LeoVegas sits in the study
15 of 18 puts LeoVegas in the dearest third of the table. That is one capture window, one market type and 5 competitions, so it is a finding about this sample rather than a verdict on the operator. A different basket would produce a different order, and saying so is not a hedge — it is what the method page commits us to.
The full table, exchanges included, is on the register; how the figure is calculated is on the method page.
Visit LeoVegas (opens in a new tab) 18+ · commercial link · terms apply at the operator
Questions about LeoVegas
What margin did LeoVegas charge?
9.40% across the 58 match-result markets we sampled on 7 August 2026, which works out at £8.59 per £100 staked. That is one capture window on one market type and is not a statement about its prices today.
Is LeoVegas cheap or expensive compared to other bookmakers?
It ranked 15 of 18 bookmakers in this sample, keenest first. The keenest measured £5.67 per £100 and the dearest £10.58, so LeoVegas sat £2.92 above the keenest end and £1.99 below the dearest.
Is LeoVegas licensed in Great Britain?
Yes. The Gambling Commission licenses LeoVegas Gaming PLC under account 39198, licence 039198-R-319450-028, held since April 2016 and active when we checked the public register. LeoVegas is a brand operated under that licence, not a licensee in its own right.
Who actually operates LeoVegas?
LeoVegas Gaming PLC. The Commission lists 5 other active domains against that account, none of them measured in this study.
Does LeoVegas have a regulatory record?
Nothing is currently listed against LeoVegas Gaming PLC on the Commission’s register of regulatory actions. That is a statement about what the register shows today, not a clean bill of health for all time — matters age off the register over time.
Does the margin apply to every market at LeoVegas?
No. These are match-result markets across 5 competitions. Within that sample its keenest competition was ATP Canadian Open at 6.66% and its dearest was League Two at 11.16%, a span of 4.50 points. Other market types are not measured here at all.
What does a 9.40% margin cost over a year?
At £5,000 staked across a year, roughly £430. The margin is charged on turnover, not on deposits, so it recurs on every bet rather than once — which is why it can outweigh a welcome offer several times over.
Do you earn money if I use LeoVegas?
Yes. LeoVegas is a commercial partner and the link on this page is a paid one. Its position in the ranking is set by the measurement and is not adjusted for that, which is why partners appear across the table rather than at the top of it.
Can I check these figures myself?
Yes, and that is the intention. The formula, the basket, the exclusion rules and the test vectors are published on the method page, and the odds calculator runs the same arithmetic on any prices you enter. The figures here are ours and can be wrong; where a check shows they are, they change.