kikobet

KikoBet is a brand new place to bet on your favorite sports. It also features some Casino games to play. What's most exciting about this company is the fact that, at the time of writing, it has just launched. And if you are looking for a fresh online betting experience, this might be the place to find it. We think KikoBet does quite a bit of things right, from its generous promotions to the many methods of payment which it includes.

There are some issues with the gambling house too – for instance, the promotions have some unconventional but bothersome wagering requirements. Additionally, we are not impressed with how little games there were to play. In fact, this house features less than 10 Game Suppliers in total on its website.

So, it seems like there is a lot more that should be said about the casino before we can recommend checking it out or staying away. Here is everything you need to know about KikoBet:

Bonuses

As we mentioned, the promotions of the house are fairly rewarding. Here is an outline of them:

Before we get into covering each of them, we need to explain how the wagering requirements of the casino work. Normally, you are expected to wager a bonus a certain amount of times to cash out. The specific amount is usually somewhere between 30x and 40x, for casino bonuses. That is the case here too, and most of the promotions have a reasonable requirement of 35x. However, you are also required to wager the deposit before you qualify for the bonus too – you need to sometimes bet it as many as 25 times to unlock a promotion! That is a lot more work!

Sports bonuses have wagering requirements between 5x and 10x at most, with the rule that you need to bet on games with certain odds for the bets to count. KikoBet also requires you do that, but the same deposit wagering rule can be found within the Sports bonuses too, and it requires you to wager your deposits at least once on games with odds of either 1.8 or 2.0 before the bonus can be applied to them. These are relatively high odds too!

Still, let's take a closer look at what the promotions look like. We would like to separate the Casino and Sports bonuses from each other and examine them separately, starting with the former:

KikoBet Casino Bonuses 

• The first promotion with this casino a player will run into is the Welcome Package. It covers the first three deposits that they make, with a generous amount of Bonus money to each one of them. The First Deposit Bonus grants you up to $100, by adding 100% of the deposit you've made. The Second is worth 50% of said deposit, but has a higher maximum of $150. Lastly, the Third Bonus only counts 30% of your deposits as Bonus money, but has the highest maximum of $200. The minimum deposit requirement for each of these is $20. That is in line with what the rest of casinos nowadays require of the player. The wagering requirement is 35x which is quite reasonable, even if you do have to comply with KikoBet's weird 25x deposit wager rule to get the bonus in the first place!
• Secondly, the Weekly Cashback Bonus is a way for players to get some of their losses recovered. It counts how much of your bets have been lost during the previous week and adds 10% of that to your account as a bonus. Note that this is a bonus with a fairly high entry cost, and the number of total losses needs to be at least $100 for you to participate! It is unclear what the wagering requirement for the promotion is. In general, cashback incentives have lower requirements than standard deposit bonuses, but it would have been nice to see what this particular casino demands.
• Last but not least, the Weekly Casino Reload Bonus is a pretty straightforward way to get some additional cash once every seven days. You can get up to 30% of one deposit, with a maximum of $250. However, the minimum deposit requirement for the promotion, set to $50 is way too high. Usually, bonuses require about $20, just like the promotions in the KikoBet Welcome Package did. You need to wager this high deposit 25x before you can qualify for the bonus, with an additional 35x wagering requirement for the promotion's funds on top of that!

Now, let's take a look at the Sports Bonuses with the casino:

• The first of these is the Sports Welcome Bonus. This is actually another package of two different promotions. The first of them adds 100% of the initial deposit of the player, up to $200. The Second bonus is of up to $300, with a 50% multiplier for the respective deposit. These bonuses require $20 or more to be cashed in for each of them to be obtained, and come with a 10x wagering requirement, with only games with odds of 1.8 or higher counting towards it. Relative to other Sports bonuses, this is quite high!
• Next, KikoBet offers a Weekly Sports Cashback Bonus. This is another chance for players to recover their losses, and they can get a very substantial maximum bonus from the promotion, of up to $1000. Once again, the losses in question need to be of $100 or higher, during the previous week. 10% of that is added back to your balance, and you need to wager the money recovered that way 2x, on games with odds of 2 or more. Usually, Sports Cashback bonuses are a bit more relaxed with their rules too!
• Thirdly, there is a bonus called Daily Cashback, but it has nothing to do with the type of promotion we just covered. This is because the bonus offers 20% of whatever you deposit, up to $200 every day. The money can be bet only on specific sports events, from various Football leagues to a Tennis championship which was ongoing at the time of writing. The money comes with a decent minimum deposit requirement of $25, as well as a wagering requirement of 3x on games with odds of 2.0 or more.
• The next promotion is fairly unique – it is called Sports Bonus Rush, and it awards you for placing 10 Live bets within 14 days, on games with odds of 2.0 or higher. The bonus itself is a Freebet voucher, with a value of 5% of the value of each bet, up to a maximum of $50. The bets themselves need to be of $10 or more. Note that the money won from the Freebet voucher is not bound with a wagering requriements – for all intents and purposes, it counts as your own. Secondly, if you lose the bet you use the voucher on, the money to cover it will come from the voucher first and your account second, which is the opposite of how bonuses normally work!
• Last but not least, the Win Big Bonus is a fairly standard Acca boost promotion, pushed to its limits. It rewards you for placing multibets on games with odds of 2 or higher. If you win 3 bets or more in a sequence, you start getting the bonus, which adds a percentage of your winnings to your balance. This percentage starts off at 3% and gets as high as 250%, if you manage to land 35 bets!

License

The regulatory status of this casino is one of the more serious issues with it. Here is what it has to say about its license:

It claims to be operated by Media Entertainment N.V., which is licensed by the CIL in Curacao. The CIL is one of four master license holders, which oversee the egaming sector of the Caribbean country. The issue with it is that the other three bodies maintain registers where the regulatory status of a casino can be checked independently. That is not the case for the CIL, and licenses issued by it are unverifiable.

We are inclined to believe that KikoBet is not lying, however, and that it is a licensed casino. Here is what protections players can expect from CIL license holders:

• Firstly, the games with licensed casinos undergo audits, performed by independent professionals. These ascertain that the games do not have any unfair bias to them. That way, when you are playing with a licensed casino, whether you win or not truly comes down to your own luck.
• Secondly, there are a series of measures casinos are required to implement, which help reduce the effects of problem gambling in their most vulnerable players. These measures are not limited to providing you with helpful resources on what that problem looks like, but also helping you seek aid! Also, casinos need to comply with the self exclusion requests of their players. Said requests can be setting custom deposit limits, or even closing down one's account if they feel it necessary!
• Last but not least, the data you share with licensed casinos is encrypted. That is required by regulators, which have realized that players need to share way too much personal information with houses to pass their vital KYC checks! With license holders, said data leaking is a very unlikely outcome.

We generally prefer dealing with licensed houses over their unregulated and wild peers. But, we should get back to KikoBet. Here is a bit more info about it – what languages its website supports and players from which countries are barred from making accounts:

Languages: English, Italian, German, Portuguese

Restricted countries: Australia, Netherlands, United Kingdom, Show All, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, France, Greece, Hungary, Iran, Ireland, Israel, Malta, Moldova, Netherlands Antilles, Romania, Turkey, United States, United States Minor Outlying Islands, Virgin Islands, U.S.

Deposit and Withdrawal

Cashing in with KikoBet is fairly straightforward, and we appreciate how many means of deposit it accepts. Here is a list of those, as well as the different currencies you can use within the house:

Currencies: Euro (EUR), US Dollar (USD), Indian Rupee (INR)

The means of payment range from credit cards to crypto, but some might not be available to you. For instance, Mastercard or Visa payments to casinos are banned in several countries, among which the UK.

As for the conditions of cashing in with KikoBet, there is a reasonable minimum deposit requirement of $10 for most of the available deposit methods. The maximums are quite high too! No fees are charged either, but third party charges like banking fees or crypto miner fees need to be covered by the player, which is fairly standard.

Now, let's take a look at the withdrawal policies too:

Before you can make a request to cash out with any of them you need to wager your deposits at least once. This is a fairly common AML policy, and causes no concern. Once you do so, you will be able to use a fair amount of different withdrawal methods – bank transfers, e-wallets or crypto. The minimum withdrawal amounts are great, once more placed at $10. The exception is Bank transfers, which tend to take more money to clear in general. And the maximum amounts you can cash out are unmatched by most casinos nowadays!

There are no fees for withdrawals either, but you need to cover third party charges like miner fees. Cash out requests are said to be approved within one to three days, which is a decent amount of time.

On another note, there does not seem to be any fee which KikoBet charges for inactivity. These are fairly standard charges and they generally raise no issue, but it is great that KikoBet does not have them.

Games and Game Suppliers

Here is a list of the Game Suppliers KikoBet had listed on its website:

Game providers: Evolution, PragmaticPlay, Vivo Gaming, Games Global, Salsa Technology, Play'n GO, Other

As we said at the start, this is a very low amount of developers. When we compare it to other casinos which feature up to 50 or more suppliers, KikoBet is very far behind! Nevertheless, here's what you can play:

• Slots: There are not that many slots, but at least classics like Big Bass Bonanza, Gates of Olympus, Wolf's Gold and Dog House: Megaways can be played, because the casino has partnered with Pragmatic.
• Table Games: There are a couple of virtual dealer tables where you can play Baccarat, Poker, Blackjack or Roulettes. These essentials can also be played with a live dealer too!
• Game Shows: Speaking of Live games, there are a couple of Game Shows to play too. They include televised experiences like Funky Time, and you can tune into them via the Live Casino Tab of KikoBet.

The Sportsbook of the house is a bit more competitive, with Live bets accepted from several major events on sports like Football, Basketball and Cricket. You can live bet on greyhounds too! On the other hand, the prematch betting with the casino is pitiful. There is barely anything there, and you cannot explore niche sports. Wagers can only be placed on big games like the ones we listed, or Tennis. Not a lot of Esports are featured there either, which is fairly regrettable.

Conclusion

To sum everything up, we consider KikoBet to be an overall lackluster casino. The main issue with it is the lack of things to play. If that does not bother you, you might have some fun with this house. It has decent payment policies too. But in our view, there are better options out there!