VBET offers over 30,000 live betting events every month, in-running Cash-Out function, all major payment methods and 24/7 market-leading customer service.

Vbet is committed to providing the highest level of player satisfaction and setting the highest standard for the online casino and sports betting industry, so the rest may follow.

Key figures

7 years




30,000 +




  • 2003 Foundation of the company: Founded by Vigen and Vahe Badalyan, VBET starts its activity under the name of Vivaro, with 4 employees (including its founders) and, for office / headquarters, a small gaming room in Yerevan. Initially baptized Vivaro, echoing the first names of the two brothers - Vigen and Vahe - and their father, Roman.
  • 2006 Launch of a sports betting site: A bold gamble for the time when online services are unusual in the Caucasus region.
  • 2009 Leader in its market: The company is growing very quickly and becomes number 1 in the Armenian market, with more than 300 Vivaro salons all over the country. The company then focused on the development of different games, software and systems.
  • 2011 Betconstruct is founded in order to develop faster and internally the products necessary for online betting platforms. VBET becomes the B2C brand of BetConstruct.
  • 2014 New Ambitions: New audience, new positioning, Vivaro obtains the Curaçao license and extends its activity internationally under the VBET brand.
  • 2015 Euroépenne license: VBET obtains the MGA license (Malta Gambling Authority).
  • 2017 Vbet sets up in Europe: VBET is approved by the ANJ (National Games Authority) in France and by the UKGC (United Kingdom Gambling Committee) in the United Kingdom. The brand launched on the English market the same year.
  • 2018 Expansion in Europe: After obtaining the MGA license in 2015, VBET is expanding into 12 European countries: Germany, Andorra, Finland, Gibraltar, Iceland, Latvia, Luxembourg, Malta, Slovakia and Slovenia.
  • It was also in 2018 that VBET opened its first gaming fair outside Armenia in Berlin.
  • 2019 Vbet in France: VBET launches its sports betting site in France in June 2019 and in the same month becomes the official sports betting partnership of Arsenal FC.
  • 2020: Even more licenses: VBET obtains the license from the Swedish Gambling Authority (SGA) and signs a 2-year sponsorship partnership with AS Monaco.

The VBET Vision

Commitment, the pleasure of playing, a safe and responsible platform are the foundations on which VBET France builds its vision of the game.

With this approach, no promises of fortune or easy success, but the desire to form a community of competitive players, passionate about the sport, who challenge the odds with their knowledge, their instinct, or just with a little luck.

This community is at the center of VBET's vision. Also, the company focuses the functionality of its platform on constant interactions between players - rankings, games, competitions, promotions - which push them to cooperate or compete to win but also where players can communicate freely with each other.

The goal of this approach is to rediscover the basics of the game, its social dimension, and to provide a unique opportunity for sports enthusiasts to come together with others to have a good time.


This collaboration also allows VBET to focus on innovation both in technological terms with software developed in-house and on the ergonomics of its platform; the operator continually seeks to surprise its players with new features.

  • Hoory: Hoory is VBET's virtual assistant. It is designed to help players place a bet instantly, find events, or answer questions about the site and its operation.
  • EditBet: Gives more control over betting and allows you to add, trade or remove selections and increase the stakes of any single or combination bets
  • Cash Out: Cash Out allows you to keep control over your bets! With one click, this feature limits losses and ensures gains. VBET offers a wide range of Cash Out with Total and Partial Cash Out and Total and Partial Automatic Cash Out.
  • VCLUB: The VBET loyalty program. Players can earn points by betting, get VIP status and win lots of free gifts and bets.
  • MultiX: Increases players' CASH winnings based on the number of selections in their combination bet!
  • Homework: Each day, players are given a task to complete: predict the outcome of different types of bets for a proposed sporting event (match result, total goals, handicap, etc.). If the task is completed, players enter a raffle to win part of the jackpot.
  • GIFT my Bet: Players can send their bets to each other using the Gift My Bet feature.