Cobra Casino Review: 5 things to know before depositing

Cobra Casino Review: 5 things to know before depositing


Cobra Casino is as good as it gets. This casino has it all, and makes the entire experience a joy by being incredibly transparent, safe, and abundant in games and features.


BonusMin depositMax BonusWagering requirementCash out limits
1st Deposit Bonus0.0005 BTC€50050xn/a
2nd Deposit Bonus€20€15040xn/a
3rd Deposit Bonus€20€40040xn/a
1st Crypto Deposit Bonus0.0005 BTC1.5 BTC50xn/a
2nd Crypto Deposit Bonus0.0005 BTC2.5 BTC50xn/a
3rd Crypto Deposit Bonus0.0005 BTC1 BTC50xn/a
Sportsbook Welcome Bonus€20€100n/an/a
Free Spins Bonus€20150 FS40xn/a
Birthday Bonusper case basisper case basis40xn/a
Highroller Bonus€300€100040xn/a
Live Casino Cashbackno€150n/a€150
VIP Programper case basisper case basisper case basisper case basis

Welcome Package:

  • 1st Deposit Bonus of 100% up to €500 + 250 Free Spins: Invest a minimum of 0.0005 BTC to activate the bonus, and make sure to complete a 50x wagering requirement on the deposit plus bonus. The maximum free spins cash-out is €100.
  • 2nd Deposit Bonus of 50% up to €150 + 50 Free Spins: The minimum deposit is €20 for this bonus, while the wagering requirement for the bonus is 40x. Again the maximum free spins profit is €100, while the actual max withdrawal amount from the bonus has been left unmentioned.
  • 3rd Deposit Bonus of 125% up to €400: Invest at least €20 to activate, and complete the 40x to withdrawal any profits generated.

Crypto Bonuses: For the following three bonuses the minimum deposit requirement on each one is 0.0005 BTC, while the wagering requirements necessary for completion before a withdrawal are 50 times the deposit plus bonus amount.

  • 1st Crypto Deposit Bonus of 100% up to 1.5 BTC
  • 2nd Crypto Deposit Bonus of 50% up to 2.5 BTC + 50 free spins
  • 3rd Crypto Deposit Bonus of 125% up to 1 BTC

Sportsbook Welcome Bonus 100% up to €100 in Free Bets + 50 Free Spins: Invest a minimum deposit of €20 to activate. The free bet token can be used only with odds between 1.10 and 3.50. However, we found a rather shady clause indicating that the free bet token does not really generate any winnings:

So what is the actual point of a bonus that does not generate any profit? The user will be losing money, making this bonus useless.

Bonus of up to 150 Free Spins Every Day: There are three tiers to this bonus, with the amount of free spins dependent on the deposit made. Note that all free spins profits here are wagered 40 times in order to be withdrawn. The maximum profit you can generate from each one of these is €100.

  • Invest €20 to get 50 free spins.
  • Invest €50 to get 100 free spins
  • Invest 100 to get 150 free spins

Birthday Bonus 100% up to €150: Contact the casino on your birthday to get this bonus, but with it you are also required to wager the bonus at least 40 times.

Highroller Bonus 50% up to €1000: Invest at least €300 and complete a 40x wagering requirement. This bonus can be activated twice a month, but only for those players that have already completed the welcome package bonuses in full.

Live Casino Cashback 10% up to €150: The cashback is based on all live casino net losses from the week before, and by net losses the casino means money lost that has not had any active bonuses on; this amount must be €30 of higher to be eligible for a cashback. 

VIP: This VIP scheme has only 4 levels, so we imagine that the requirement for each would be rather high, Nevertheless, everyone has the opportunity to participate, as the more you bet and deposit the further you reach. Each level grants users extra cashback every Monday that is different from the one mentioned above, supplementary cashback, free spins, lower wagering requirements, and extra bonuses.

The bonuses are very satisfying and there is enough here to keep a client engaged for a long time, which is the reason for bonuses in the first place. The main issues we had with the bonuses was that there was no wagering been revealed on any of the free spins (except for the free spins 3 tier bonus), while the max cash-out on any of the bonus has not been disclosed (only the max free spins max profit has been disclosed).


Cobra Casino is operated and owned by Dama N.V. a company fully regulated by the government of Curacao, holding an e-gaming license issued by Antillephone N.V. Here’s what readers should know about Curacao, a jurisdiction that has a history of bad rep, a past that it has, arguably, broken away from.

  • Regulated casinos in Curacao are just as strictly overseen as other casinos, with full-on fraud prevention policies that basically guarantee to each user that all funds and personal details will be safe. The website is safe from bad players and fraudulent actors, arrested in their tracks by stringent KYC policies, SSL servers, and fraud prevention techniques.
  • On top of these, the casino makes sure to prevent inner shady business, like money laundering and terror financing, to more individual efforts of manipulation. As above, Cobra Casino has integrated a ton of policies to combat such unacceptable behavior, and makes sure that each user falls into a respectable category in which all rules are abided by.
  • Then there are the responsibilities of bringing fair gambling practices, resulting in unbiased outcomes for every game of chance. Cobra Casino has made sure that every spin or luck based game relies exclusively on the principles of luck, as provided by random number generator software.
  • Crucially also, but overlooked by many, is the importance of having an active and supportive team behind the user at all times, to meet all queries and issues one might encounter. It’s also a great way to bring about rapport between the two parties, and establish a long lasting relationship.
  • The support of the casino is also very crucial for players in precarious situations, most notably for those that are exhibiting signs of gambling addictions or those that are already there. It is the casino’s legal responsibility to report these users and help them in any way, by means of limiting their play time sessions, by imposing limits on their payment, or by fully excluding them from the casino platform. It is within the casino’s full right to also redirect these users to treatment centers.

Cobra Casino is not available to clients residing in the following countries: USA, Portugal, United Kingdom, Spain, France, Netherlands, Israel, Lithuania, Dutch West Indies and Curacao, Romania, Greece, Belgium, Slovakia, Angola, Albania, Iraq, Jamaica, Uganda, Pakistan, Islamic Republic of Iran, Panama, Lebanon, Zimbabwe, Mauritius, Nicaragua, Yemen, Central African Republic, Côte d’Ivoire, Sudan, Liberia, Syrian Arab Republic, Cayman Islands, Somalia, Congo, Korea, Eritrea, Haiti, Sierra Leone, Ethiopia, Myanmar, South Sudan, Burkina Faso, Libya, Mali, Barbados, Rwanda, Czech Republic, Serbia, Cuba, Georgia, Hungary, Ukraine, and Estonia.


Payment MethodMin DepositMin WithdrawDeposit Processing TimeWithdraw Processing TimeWithdraw Fee
Credit/Debit cards€10 €20instant3 daysn/a
Bank transfer€10 €20instant7 dayssystem fees
Neteller€10 €20instantinstantn/a
Skrill€10 €20instantinstantn/a
EcoPayz€10 €20instantinstantn/a
PaySafeCard€10 €20instantinstantn/a
SticPay€10 €20instantinstantn/a
Interac€10 €20instantinstantn/a
Skrill Rapid Transfer,€10 €20instantinstantn/a
Neosurf€10 €20instantinstantn/a
Idebit€10 €20instantinstantn/a
Venus Point€10 €20instantinstantn/a
Siru Mobile€10 €20instantinstantn/a
Bitcoin€10 €20instantinstantn/a
Bitcoin Cash€10 €20instantinstantn/a
Ethereum€10 €20instantinstantn/a
Litecoin€10 €20instantinstantn/a

The payment information is clean and on the spot. Another win for the casino, as these details are always good to be out there in a structured and concise way.

The payment methods are Credit cards, Debit cards, Bank transfer, Neteller, Skrill, EcoPayz, PaySafeCard, SticPay, Interac, Skrill Rapid Transfer, Neosurf, Idebit, Venus Point, Siru Mobile, Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. A variety of payment means means to accommodate any sort of player.

The minimum deposit is €10, and all deposits are transferred instantly. The minimum withdrawal is €20, taking 3 days to process card payments, 7 days for banks, and on the spot for e-wallets.

The only fees mentioned are banking system fees for withdrawals. The only other withdrawal precondition is for the client to complete a 3x deposit wagering requirement. But the fee for not completing the withdrawal requirement has not been disclosed:

Lastly, we have the dormant account fee of €10 per month, applied after a period of 12 consecutive months of account inactivity.


All those incredible bonuses can be applied to a grand selection of games, that is as impressive as it is colorful. It’s a big achievement of Cobra Casino to have included such a varied collection of games and gaming options.

We start with the incredibly presented video slots, of which we have Jackpots, Bonus Buy (in which the user can buy the best game bonuses straight from the game, and thus increase his chances of winning), and Instant Wins (short burst slot rounds with huge payouts). As for the games themselves, the variety really shines here. Thematically there is everything you have come to expect, with some of the most popular games in the industry making a return here: Wild Cash, Elvis Frog In Vegas, Bonanza Billion, Lady Wolf Moon, Joker Queen, Big Wild Buffalo, and tons more themes and games.

The live casino section also impresses with a seemingly endless collection of games and their dozens of variations, including classics like Roulette, Blackjack, Baccarat, Coin Flip, Mega Ball, Monopoly, Poker, Football Studio Dice, and more. There is just about anything for anyone here.

To supply the casino with excellent games, some of the most respectable names on the industry have appeared, the likes of which include Netent, Play’n GO, MrSlotty, Evolution, 1×2 Gaming, Betsoft Gaming, Booming Games, Playson, Evoplay Entertainment, BGaming, Spinomenal, Relax Gaming, Onlyplay, and more.

However, by far the highlight of the casino, and an enormous achievement by its self is the SportsBook, a live betting platform that surpasses all others we have seen, with the exception of one of two other casinos, but that is irrelevant. Cobra Casino’s betting software is immaculate, detailed, brimming with options and helpful tools, and to top all that it actually looks great and has a to-the-point visual style that makes it entertaining to use. But the best part is the sheer amount of availabel sprots and events that clients can bet on, including popular sports like Volleyball, Soccer, Tennis, Basketball, Baseball, and Snooker, to more unique ones like Table Tennis, Ice Hockey, Biathlon, Cricket, Gaelic Hurling, Water Polo, Handball, and more. Then there is the e-sports section, whihc includes the most popular competitive video game and their associated tournaments. Honestly, we can recommend Cobra Casino only for its sports betting platform. It’s that good.


If you are looking for an online casino, then we can’t recommend Cobra Casino enough. Virtually devoid of any shortcomings, if you are still thinking it over, don’t. It is one of the best we have reviewed.

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