

5588bet.com Casino
Table of contents
5588bet.com is a new casino that is focused on attracting players from Brazil. The website is only available in Portuguese and English, the only accepted currency is Brazilian Real, and one of the two payment options is only available in Brazil. However, international players are still free to open an account at the casino. We would, however, strongly advise that you do not do so.
This casino is unregulated – but was very willing to lie about that fact. This is the biggest possible red flag there is. Moreover, they do not provide players with any Terms and Conditions, or other legal documentation. The playing environment is not particularly great either.
This casino is a shady enterprise that we cannot recommend to anybody. Read to full review below to learn more.
5588bet.com Casino Bonuses
5588bet.com does not seem to offer any more standard bonuses. Most casinos offer things like Welcome Packages and No Deposit Bonuses to new customers and various Reload Bonuses, Free Spin offers, Cashback programs, and more unique offers.
5588bet.com allows players to take part in different tournaments and drops and win prizes. The information about these tournaments was only available in Portuguese, however.
In terms of other bonuses, this is what 5588bet.com had to offer:
Bonus | Min deposit | Max bonus | Wagering requirements | Cash out limit |
Referral Bonus | - | Unspecified | - | - |
Registration Bonus | - | 3 BRL | - | - |
Desktop Shortcut | - | 3 BRL | - | - |
App Bonus | - | 5 BRL | - | - |
Contact Method Bonus | - | 2 BRL | - | - |
As you can see, the house left most of the bonus-related terms undisclosed. This is because they did not provide any sort of Terms and Conditions or other legal documentation. This is very problematic since knowing the exact conditions of a particular casino is always essential – never open an account without having checked out those. Shady enterprises like 5588bet.com might have all sorts of weird conditions that you will need to watch out for.
This casino offers clients the chance to participate in some sort of very complicated Referal System that allows them to earn additional money for referring others to the casino.
There are also a few Missions that allow players to win some monetary prizes without having to deposit. You will get 3 BRL just for registering, 5 BRL for installing and logging into the casino's app, 3 BRL for saving the casino as a desktop shortcut, and 2 BRL for providing contact information for Telegram or Facebook. This might sound like quite the deal but these prizes were really small compared to the bonuses of a few hundred USD most casinos can offer. Moreover, we cannot be sure that even these small prizes do not come with any shady additional conditions.
5588bet.com Casino License
5588bet.com is supposedly owned by a company called 5588Group N. This operator claims to be based and regulated in Curacao – by one of the four Master License Operators that are authorized to regulate casinos in the country, Gaming Curacao. Casinos usually embed a digital license seal at the footer of their websites – this makes the license easy to track down. This was also the case here – the Gaming Curacao seal was visible at the footer.
When we clicked on it, however, it turned out that this was not an active seal that led to an actual license. It was just a screenshot of a license seal the casino is trying to use to seem more legitimate. In reality, 5588bet.com is a casino that operates without a valid license – but that has no problem lying about having one.
The gaming industry is greatly impacted by gambling rules, which guarantee legal compliance, fair play, and responsible gaming practices. The two most prominent jurisdictions in the field, each with its structure and methodology, are Malta and the United Kingdom.
Malta's strong regulatory framework and advantageous tax structure have made it a major hub for the online gaming sector. The country's gaming operations are governed by licenses issued by the Malta Gaming Authority (MGA). Local regulations seek to protect participants, maintain the integrity of games and of the overall gaming environment, stop money laundering, and encourage responsible gaming. License holders must abide by strict rules, which include ones about age verification and other measures encouraging responsible gambling.
The UK Gambling Commission (UKGC) oversees the gambling sector in the United Kingdom. Obtaining a license from the UKGC and adhering to stringent standards for fairness, integrity, and openness are prerequisites for operators looking to enter the UK market. Tight laws are implemented to prevent underage gambling, and money laundering, and guarantee that operators provide information and tools for responsible gaming. This helps to address the issue of problem gambling.
In recent years, Curacao has also become a popular destination for websites that offer online gaming. The regulatory agency in charge of monitoring the gambling industry on the island is the Curacao Gaming Control Board. Many operators have been attracted to it because to its reputation for offering easily accessible and reasonably prized licenses. Compared to most other jurisdictions, Curacao has a simpler licensure process. Operators must, however, prove their business's integrity, have anti-money laundering procedures in place, and vouch for the presence of player protection measures in order to be approved for a Curacao gaming license. Curacao licenses are still a very attractive alternative for operators who want to demonstrate their reliability, even though they offer fewer assurances than UK or Maltese licenses.
5588bet.com not only does not hold any sort of license but also very willing to lie about it which proves with complete certainly that this is an establishment that cannot be trusted.
The fact that 5588bet.com does not provide any responsible gaming tools is another huge cause for concern.
Restricted countries: United States, United States Minor Outlying Islands
The casino's website is only available in two languages:
Languages: English, Portuguese
5588bet.com Casino Deposit and withdrawal
5588bet.com offers very limited deposit and withdrawal options to its customers. Clients can transfer money either in crypto or using PIX, the payment system of the Brazilian Central Bank that Brazilian players use to make instant payments.
The minimum required deposit is very low – just 5 BRL – while the maximum depends on the payment method you are using. If you are depositing via PIX, you can deposit up to 50 000 BRL while the maximum amount for crypto transactions is 500 000 BRL. The casino did not provide us with a clear payment policy – another huge red flag – but most casinos tend to process deposits instantly and free of charge.
Deposit method | Minimum | Maximum | Processing time | Fee |
PIX | 5 BRL | 50000 BRL | Instant | Free |
Crypto | 5 BRL | 500000 BRL | Instant | Free |
The casino did not provide any information about its withdrawal conditions. We were left in the dark about things as important as minimum and maximum withdrawal amounts, potential additional fees, and withdrawal processing times. The casino does not seem to have maximum withdrawal limits which is fairly unusual but also good. However, we recommend that you stay away from casinos that do not provide players with clear withdrawal conditions since this might result in huge problems. Always demand to know the exact terms before opening an account with a certain casino.
Withdrawal method | Minimum | Maximum | Processing time | Fee |
PIX | Unspecified | Unspecified | Unspecified | Unspecified |
Crypto | Unspecified | Unspecified | Unspecified | Unspecified |
5588bet.com only accepts deposits in Brazilian Real (BRL).
Currencies: Brazilian Real (BRL)
5588bet.com Casino Games and game suppliers
5588bet.com supposedly works with leading game developers like PragmaticPlay, Ezugi, Evolutions, Spribe, and PG Soft as well as with smaller, lesser-known game providers. The total number of providers was not impressive as a whole – around 17. This might not sound bad but keep in mind that many casinos work with as many as 100 or more. Most casinos strive for at least 40. This means that you will easily find a casino that offers a far more varied selection of games.
Game providers: Microgaming, PragmaticPlay, Evolution, Ezugi, Spribe, CQ Gaming, PGSoft, Other
What is more bothersome was the fact that getting access to any of the games the casino offers was extremely hard. The titles 5588bet.com offers were neatly organized into categories – Slots, Cards, Live Games, Fishing, Sports, and Blockchain. When we tried to access any of the games, however, we ran into a problem – they simply would not show up. We could not see the titles and cover images of the games this casino offers. Most games would not even open. This means we were unable to see which slots and other casino-based games this house offers.
The only thing we got to access was 5588bet.com's Sportsbook. We were not very impressed. The casino offers a decent variety of sports – Soccer, Tennis, Basketball, Baseball, Hockey, MMA, etc. However, more niche sports were not represented or were only represented with a few events each. The total number of events was smaller than average as well. For example, the casino offers around 740 soccer events while some houses can offer over 1000. This seemed like a general trend with all other sports. Although this Sportsbook was not bad per se, we have seen much better.
Conclusion
5588bet.com is not a casino we can recommend in any way – in fact, we struggled very hard to find something good to say about this establishment. From the false license information and lack of payment options to the confusing game library and mediocre bonus offers, this casino seems like a horrible choice.
5588bet.com mostly targets players from Brazil – although you can access the website no matter where you are based. However, there are far better, more reliable options – both for Brazilian players and for international customers. Opening an account with 5588bet.com is a waste of time in our opinion and could even prove to be risky.