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Huge Rakeback and Cashback… for Whales Only
Launched in 2023, Casinobet packs around 4,000 slots, crash, table, and live dealer games – a solid spread for a relatively new crypto casino. But what really catches the eye is its loyalty program, boasting up to a jaw-dropping 65% rakeback and cashback. The catch? You’ll need to wager roughly $1 billion to unlock it. Yes, with a “b.”
In this original CoinBets review, I’ll be signing up, wagering real crypto, testing the welcome bonus, and seeing whether Casinobet’s promos, rewards, and payments can justify the hype. So, is this the next big crypto casino, or just another degen dream with impossible milestones? Let’s find out.
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Casino credentials and player protection -
Bonus size, terms, and fairness
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Sign-up speed and steps
License and Security
Casino credentials and player protection
Casinobet.com is operated by Mandarin N.V., a company registered in Curaçao (reg. no. 95911) and licensed by the Curaçao Gaming Authority (OGL/2024/907/0376).
Auxiliary services are provided by Livepoint Trading Limited based in Cyprus (reg. no. HE 322306).
The site connection is secure and the security certificate is valid
Welcome Bonus
Bonus size, terms, and fairness
At the time of writing this Casinobet review, new players could enjoy a 150% match up to 1 BTC + 500 FS. And, on the surface, that welcome bonus sounds pretty good. But let’s take a look under the hood and see if there are any catches:
- Must opt-in to the bonus within 30 days of registration.
- Minimum deposit $50
- 10% of cash reward is unlocked every time you wager 5x your deposit – up to a maximum of 10 times.
- You have 15 days to fulfill wagering.
- Maximum bonus value of $110,000.
- Wagering subject to game weighting based on house edge of selected game, and can be weighted up to 200%.
- Free spins are worth $0.20 each and are only usable on Wanted Dear or a Wild.
- Free spins are rewarded incrementally in batches of 50. Minimum deposit will net you 50, but you’ll have to deposit at least $500 to get the full 500 free spins.
- Free spins winnings subject to 5x wagering requirement.
Okay, so let’s say you deposit $100 worth of crypto. You qualify for a $150 bonus and 100 free spins. To unlock your first $15 of bonus, you’ll need to wager $500. To complete the wagering, you’ll need to wager $5,000 within the 15 day time limit.
In effect, that’s a bonus wagering requirement of 33.33% (5,000 divided by 150). Not low, but certainly on the lower side of average. And the 15 day time limit? Significantly better than many casinos – it’s not unusual to see 5-day limits.
As for the free spins? Well, they are low value, but on a decent slot, and the 5x wagering for winnings is low. So, all things considered, the Casinobet welcome bonus is pretty reasonable.
Opening a New Account
Sign-up speed and steps
Opening a player account with Casinobet is straightforward, although there is only one option:
Tap the blue “Register” tab, choose a username, enter your email address, and set a strong password. Then tap “Register”. Scroll through the Terms & Conditions, check the box and tap “Accept.”
Prohibited Jurisdictions
Regarding prohibited jurisdictions, the Casinobet Terms and Conditions only specifically mention the United States, saying:
“You confirm to us that you will not access or use Casinobet from within a jurisdiction that prohibits such access or use or if you are a citizen of a nation-state that prohibits its citizens from participating in gambling (including, without limitation, the United States of America and its territories and dependencies).”
This is incredibly vague compared to most legitimate crypto casinos, which usually publish a detailed list of prohibited countries and regions. And, for Curacao-licensed platforms, that list is usually extensive, including countries like the UK, Germany, France, and dozens of others. And things get even murkier because Casinobet seems to allow VPN use (well, it doesn’t specifically ban VPN use).
The issue? From late 2025, all Curacao-licensed platforms are required to verify your identity before processing your first withdrawal. So, is Casinobet just trying it on – seeing how long they can get away with not enforcing the KYC rules? Or is it deliberate – letting people sign up, deposit and win, then springing the KYC trap and using it as an excuse not to pay out?
The take away? Be very cautious.
Payments
Casinobet supports a limited range of popular cryptocurrencies for deposits and withdrawals.
To make a crypto deposit, tap the blue “Deposit” tab, choose “Crypto Funds”, and then select the specific crypto and network. At this point you can also select an available bonus. You will be provided with your unique deposit address in both text and QR code formats.
To withdraw crypto, open your wallet (under your profile), tap “Withdraw”, and then select the crypto and network. Paste in your crypto wallet address and enter the amount you want to transfer. The minimum withdrawal, plus any fees will be stated. If everything looks good, hit “Withdraw” to submit the request.
CoinBets.com Tip: Always double-check crypto wallet addresses after pasting them – you don’t want to fall victim to ‘PasteJacking’. This is when hackers exploit the copy-paste function to change wallet addresses to steal funds.
CasinoBet also supports selected fiat payment options.
Buying Crypto
In common with the best crypto casinos, Casinobet lets you buy crypto on-site. To do so, tap “Deposit”, then “Buy Crypto”. Choose the currency you want to pay with and which crypto you want to buy. You’ll be provided with quotes from providers like MoonPay. Select one and follow the prompts.
Game Selection
At the time of making this Casinobet.com review, the platform offered around 4,000 casino games from over 65 providers. Things are reasonably well organized into useful categories, though some more granular filters would be nice. Still, better than many.
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Game variety
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Fast gameplay
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Dealer quality
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Classic tables
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Casual games
Slots
Game variety
With over 3,800 titles to choose from, slots form the bulk of the Casinobet game portfolio. At the time of writing, popular slots included Reel Rampage from Slotmill, Legacy of Dead from Play’n GO, and Sugar Rush 1000 from Pragmatic Play.
There’s a dedicated category for Megaways slots, containing over 120 titles. These include hits like Madame Destiny Megaways and Dog House Megaways from Pragmatic, Blockchain Megaways from BGaming, and Fireworks Megaways from Big Time Gaming. However, finding jackpot slots and other specific features and themes is frustrating due to the lack of filters and collections.
Interestingly, Casinobet offers Bet with Streamers – where you can bet along with your favorite streamers as the play slots. Unfortunately, at the time of writing, no streams were live.
CoinBets Experience
The Count (Hacksaw)
I’m a big fan of Hacksaw slots, and with just a few days until Halloween, I couldn’t resist a few spins on The Count. Visually, I love it. The authentic vintage cartoon style that’s become something of a trademark for the provider. Some slot reviews say the vampire is none other than Count von Count himself, of Sesame Street fame – but I don’t think Hacksaw is that stupid.
Anyway, as you can see, it’s set in a castle (I assume. I mean, it could just be a suburban basement). Features? Expanded Bloody Wild, Wild Bats, and three bonus games: Bat to the Bone, Rest in Pieces, and Count on Blood. So yep, there’s a lot going on here!
Spec-wise, we’re looking at high variance, a 94.28% RTP, 19 betways, and a max win of 12,500x your bet. Unfortunately, I only managed to achieve a 27.8% RTP and failed to trigger any of the bonus games. But hey, I just can’t get enough of these Hacksaw games, so I’ll be back.
Reel Rampage (Slotmill)
Yet another Mad Max-inspired slot, Reel Rampage is one of the first games I’ve played from Slotmill – and I was impressed. Visually, it’s slick and the gameplay is fast. Plus, in a turn up for the books, I loved the soundtrack – it feels very Stranger Things.
When it comes to features, the action centres around the expanding symbols and respins. I managed to trigger these quite a few times. Though, despite a lot of drama, it’s surprisingly difficult to land decent wins. As for the specifications? Official RTP is 96.04%, max win is 15,000x your bet, there’s 20 betways, and of course, it’s rated as highly volatile.
As for my adventure in the wasteland? Well, I did better than the previous game, but still only managed a 72.81% RTP. Even so, I think I’ll be spinning these post-apocalyptic reels again.
Lava Balls (Pragmatic Play)
At the time of writing, Lava Balls from Wild Streak Gaming (Pragmatic Play), was a brand new release – so I had to try it. And wow, what a crazy game! It’s a mashup of a feature-packed slot and plinko – all framed fiery lava and volcanos. What’s not to like?
Features? Lots! See those pots lined up under the reels? Scorching balls of lava can drop from the reels into them during the base game (courtesy of Wilds). Then when you trigger the bonus round, the reels transform into a plinko volcano. Throw in multipliers galore and free spins, and you’ve got a Vesuvius-level inferno.
The technical specs: 96.5% RTP, max win of 4,800x bet, 243 betways, and a high volatility rating. However, despite triggering free spins on my very first round I just couldn’t catch a break and my real RTP clocked in at just 41.64%. But Lava Balls is a blast, and I’ll definitely be back.
Crash & Instant Wins
Fast gameplay
Thankfully, Casinobet has a dedicated crash games category. At the time of reviewing, there were only 26 games in it, but still, it makes finding them easy. Specific titles available include the omnipresent Aviator from Spribe and Avia Masters from BGaming, plus F777 Fighter from OnlyPlay and Speed Crash from Hacksaw.
When it comes to other instant and casual games, you’ll need to use the search function. But they are there. For example, I found 16 plinko games, several mines and tower titles, and a dozen scratch cards. The latter includes the popular Scratch Alpaca series from BGaming.
Live Casino
Dealer quality
At just over 120 live dealer games, the Casinobet live casino isn’t the biggest, but it’s still respectable. Most of the various blackjack, roulette, baccarat, and dice games are from Evolution and Pragmatic Play. However, there are a few games from Live 88 and Ezugi which add some welcome variety.
Live game shows get their own category, and with over 50 options, it’s pretty impressive. You’ll find all the big gameshow hits like Crazy Time, Lightning Storm, Stock Market, and Funky Time, plus rarer options like Baccarat Baruto and Imperial Fortune.
Table Games and Video Poker
Classic tables
There is a Table Games category available, but it contains a mix of RNG-based and live games. The RNG options include Three Card Rummy from Platipus, Casino Hold’em from NetEnt, Teen Patti 20-20 from One Touch, and Multihand Blackjack from BGaming.
There’s also a selection of first-person games from Evolution. These include First Person Deal or No Deal, First Person American Roulette, and First Person Super Sic Bo.
Bingo
Casual games
You’ll need to use the search feature to find bingo games, but there are around a dozen present. These include Bingo Bingo from Caleta Gaming, Bingo Planets from Platipus, and Immortal Romance Video Bingo from Games Global.
The keno selection is smaller with just 6 titles. These include Kenooo Jackpots from 7777Gaming, Magic Keno from Turbo Games, and Keno Rush from OneTouch.
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Testing transparency and randomness
Provably Fair Games
Testing transparency and randomness
Casinobet offers a fairly impressive range of provably fair games. You’ve got games like Crash X, Chicken Route, and Rings of Olympus from Turbo Games, and Goal, HiLo, and Plinko from Spribe. Plus there are 16 Casinobet Originals. These include Cross the Road, Dice, Crash, Wheel, and Dragon’s Tower.
Want to learn more about provably fair gaming> Check out the CoinBets Introduction to Provably Fair Gaming.
Sportsbook
Sports and esports betting
At the time of writing, Casinobet didn’t offer sports or esports betting.
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Bonuses, tournaments and special offers
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Rewards, rakeback, and VIP perks
Promotional Offers
Bonuses, tournaments and special offers
Complementing the Casinobet welcome offer are a number of other promos for existing players. At the time of writing, they included:
- Multiplier Mayhem – Land the target multiplier on the relevant game and you’ll win a cash prize.
- $1K Weekly Originals Race – A wager-based tournament with a $1,000 prize pool.
Spooky October – A seasonal promo with over $20K in rewards, including a 2 ETH giveaway, $5K Spooky Spin Race, and various weekly specials.
Loyalty Program & VIP Club
Rewards, rakeback, and VIP perks
Casinobet operates a typical multi-tier rewards program that promises to “reward players at every stage of their journey.” Rank is achieved by wagering real money. At least that’s nice and simple.
| Level | Wager (USD) | Rakeback | Cashback | Total Combined % | Level Up Fixed Cash Prize |
| Novice | – | Instant | Weekly | 10% | – |
| Apprentice | $1k | Instant | Weekly | 12% | $1.50 |
| Adept | $2.5k | Instant | Weekly | 12% | $3 |
| Master I | $5k | Instant | Daily, Weekly, & Monthly | 17% | $5 |
| Master II | $10k | Instant & Daily | Daily, Weekly, & Monthly | 18% | $15 |
| Master III | $25k | Instant & Daily | Daily, Weekly, & Monthly | 19% | $20 |
| High Roller I | $50k | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 20% | $25 |
| High Roller II | $75k | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 21% | $30 |
| High Roller III | $100k | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 22% | $50 |
| Royal Pro I | $150k | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 23% | $100 |
| Royal Pro II | $250k | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 24% | $150 |
| Royal Pro III | $500k | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 25% | $200 |
| Royal Pro IV | $750k | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 26% | $300 |
| Royal Pro V | $1m | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 27% | $350 |
| Hero I | $2.5m | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 28% | $750 |
| Hero II | $5m | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 29% | $1,000 |
| Hero III | $10m | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 31% | $1,500 |
| Hero IV | $25m | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 34% | $2,000 |
| Hero V | $50m | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 35% | $5,000 |
| Legend I | $100m | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 37% | $10,000 |
| Legend II | $250m | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 38% | $15,000 |
| Legend III | $500m | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 43% | $20,000 |
| Legend IV | $750m | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 49% | $25,000 |
| Mythic | $1b | Instant, Daily, Weekly, & Monthly | Daily, Weekly, & Monthly | 65% | $30,000 |
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Service and information
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Navigation, layout, and performance
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Gameplay and usability on mobile
Player Support
Service and information
Like most online casinos, Casinobet provides 24/7 support via live chat. Alternatively, you can email the support team using a form available at the Help Center. The casino claims to respond to most emails within 30 minutes and all within 24 hours.
The Help Center also contains a fairly extensive range of guides, covering accounts, promotions, deposits, withdrawals, and games
You can also connect with and follow Casinobet.eu on social media platforms including Telegram, X (Twitter), Discord, Instagram, and YouTube.
User Experience & Website Design
Navigation, layout, and performance
Casinobets looks very much like a thousand other crypto casinos. Visually, it’s neat enough but hardly inspiring. Navigation is logical and everything seems to work. As mentioned previously, some more granular game filters would make browsing easier, but it’s not too bad. The wallet and payments are all straightforward too.
When it comes to responsible gambling, Casinobet claims to “offer proactive tools and support.” However, the only tools I could see were time alerts and breaks. I didn’t see any way to set deposit, wager or loss limits. But to comply with the new Curacao license regulations, the casino will need to add these very soon.
In addition to English, Casinobet is available in the following languages:
- French
- German
- Spanish
- Portuguese
Mobile Apps
Gameplay and usability on mobile
There’s no Casinobet mobile app available for Android or iOs, but the website is optimized for smartphone browsers.
Overall Reputation
Right, so that’s what Casinobet crypto casino offers, but what are people saying about it? Well, here are a few ratings from popular review platforms. As always, keep in mind Trustpilot is full of fake reviews and the other sites are run by casino affiliates.
| Platform | Rating | Notes |
 | 3.8 Great | Based on 2 user reviews |
 | Overall: 7.6/10 Safety Index: Above Average | |
 | CasinoRank: 7.5 Player Rating: 7.7 | Based on 3 user reviews |
Casinobet
Casinobet lures the crypto whales with up to 65% in rakeback and cashback – but what can it offer garden-variety degens?
Verdict
Okay, now we’ve seen what Casinobet casino has to offer, what are my final thoughts?
Well, overall, it seems like a pretty solid crypto casino. The games catalog isn’t the biggest, but it’s going to be more than enough for most players. The welcome bonus seems reasonable, while the loyalty rakeback + cashback could be rewarding for high rollers.
On the other hand, crypto support is very limited, as are sign-up options (there’s only one). And there are no real crypto-specific features. Basically, this is a Web2 casino that offers deposits and withdrawals in a few mainstream cryptos.
Beyond that, there’s also the Curacao license. On the one hand this now offers improved player protection, but on the other, it complicates the prohibited jurisdiction issue. True, the Casinobet terms are vague on the issue, but KYC should now be required before first withdrawals – and most Curacao-licensed casinos have a long list of prohibited countries. My advice, if you’re unsure, contact customer support first and save the reply.
So, assuming you’re not from a prohibited country, Casinobet could be worth trying. For players who just want mainstream casino games and aren’t bothered about sports betting or crypto-specific features, it’s probably okay. Even so, keep those balances low until you feel comfortable trusting the casino.
But, that’s just what I think. Have you played at Casinobeat? If so, why not write a CoinBets review and share your thoughts with the player community?
Thanks for reading, and until next time, stay safe, watch those terms, and good luck!
| Category | Score (1-5) | Weight | Weighted Score |
|---|---|---|---|
Overall Reputation
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2.5 | 15% | 0.375 |
Size and Revenue
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2.0 | 10% | 0.2 |
Deposits & Withdrawals
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2.0 | 15% | 0.3 |
Bonuses & VIP Program
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2.5 | 15% | 0.375 |
Fairness of Terms
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2 | 15% | 0.3 |
User Experience
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2.5 | 15% | 0.375 |
Crypto-Specific Features
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1.5 | 15% | 0.225 |
Final Score
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2.15 / 5 |
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Safe Access Guide