OceanBet

OceanBet is an established casino that has been online for almost 9 years. The house offers classical online casino slots, live casino, as well as sportsbetting, so all in all, players will find everything they need if they want to play some games. The casino is licensed in Curacao, so it's safe, and the deposit withdrawal requirements are generally good enough, with an exception that we will discuss in the following review. Let's get into detail now.

Languages: English, Spanish, Portuguese, French, German

Bonuses

The bonuses offered by OceanBet are not very many. In fact, for casino players, they can only offer a Welcome Bonus and a cashback option – not much, but still, there is something to claim whenever you choose to start playing in OceanBet. Apart from that, a Welcome Bonus for sports betting is also available, which is a good thing to note since some casinos do not offer sportsbook promotions, which is a shame. Unfortunately, you cannot combine Welcome bonuses, so keep in mind that you should choose which one you prefer.

Welcome Bonus Casino – a standard first deposit promotion allowing you to claim 120%, which is a really good rate. The maximum you can get is €600 or equivalent, so the maximum allowed cash is not too bad at all! The best thing about this promotions is that the minimum deposit is really low – just €10 or equivalent to participate. And if that's not enough, OceanBet guarantees that players can get additional 25 free spins on Wild Drops. The wagering requirement for this promotion is 30 times bonus plus the deposit before a withdrawal. The bonus is valid for 14 days, and failure to meet the wagering requirement, all awards will be fortified. The cash-out limit is set at 10 times bonus winnigs, so in this case, you won't be able to withdraw more than €6000. A good promotion, we shall say.

Casino Cashback – a standard promotion, in which you can claim back some losses during the week. The maximum you can get is 15% up to €300, but keep in mind that cashback from only two particular slots is allowed – Sweet Bonanza and Book of Dead. If you wagered on other games and lost, you won't be able to claim any cashback money. The rest of the conditions are as follows: the wagering requirement is 30 times within 7 days, with a cash-out limit set at 5 times the cashback sum – in this particular case, the max bonus winnings you can withdraw will be no more than €1500. The wagering requirement can be fulfilled on any slots you like – there is no restriction on that.

Welcome Bonus Sports – a promotion for people who enjoy sports betting. If you preferred this welcoming offer, you will get 100% on top of your deposit for up to €200. The minimum deposit is €10 only, and whenever you claim the bonus you should meet a rollover requirement of 5 times the bonus plus the deposit, which is essentially the same as the wagering requirement – you should bet the money 5 times before a withdrawal. The rollover should be completed within 7 days. As for cash out limit, the maximum amount you can withdraw from bonus winnings is 10 times the award – €2000 in this case. Note that bonus money cannot be placed on bets with odds lower than 1.70 (2.50 in total for Combo bets). If that happens, the casino reserves the right to cancel the bonus and remove all the money given away.

License

OceanBet is a licensed house, which is one of its strongest aspects. The casino is operated by the R. Bostock Enterprises B.V. company, which happens to be authorised by Egaming Curacao – one of the master license holders in Curacao. Practically, the owner of OceanBet doesn't have a license per se, but it's operating with the license of Egaming Curacao – 1668/JAZ. The latter company authorises Rostock and allows it to offer casino games and wagering when certain conditions are met. In that sense, Egaming Curacao functions similar to a regulator, but let us explain a bit further.

The gaming authorities in Curacao do not single-handedly license or supervise casinos but have delegated the process to four independent operators – Antillephone, Gaming Curacao, E-Gaming and CIL. Each one is a third-party company having the power to authorise and control casinos, making sure that all companies are working according to the established satndards. The Curacao approach gives room for speculation that houses licensed on the island are not sufficiently controlled, but at the same time, the licensing takes less time, the process is cheaper, which further allows casinos to be more flexible. After all, the capacity increases since private companies are always more efficient than government structures, not to mention that in Curacao, there are four licensors instead of one. On top of that, the lower fees and favourable tax regime of Curacao make the island a hub for online casinos, as they can offer more games and better bonuses for players. If you are looking for great bonuses and exceptional promotions, Curacao-licensed casinos are the ones to deliver.

Nonetheless, keep in mind that the regulatory standards are still lower than those in Europe, for example, where two of the most prominent regulators are located – MGA in Malta and UKGC in Britain. Casinos regulated by those two are arguably the safest in the world, but Curacao is not so far off.

Anyhow, below you will see the list of generally restricted countries, but keep in mind that it’s not in any way complete. The casino is also unavailable in countries where gambling is prohibited, or a particular license is required – like the UK, for example, which wasn’t actually included in the TCs. What's more, many gaming providers impose their own restrictions, so don't be surprised if you have no access to particular slots.

Restricted countries: United Kingdom, Show All, Bulgaria, France, French Guiana, French Polynesia, French Southern Lands, Israel, Saint Martin (French part), United States, United States Minor Outlying Islands, Virgin Islands, British, Virgin Islands, U.S.

Deposit and Withdrawal

Currencies: US Dollar (USD), Canadian Dollar (CAD), Euro (EUR), Brazilian Real (BRL)

The deposit conditions with OceanBet are generally good, since the minimum required amount is just €1 or equivalent. As for the deposit methods, the number of payment system is not so huge, and in fact, not all are available for everyone – it depends on your country of residence. Players from Norway, for example, will have access only to crypto, bank transfers and the not-so-popular wallet Luxon Pay. Indeed, OceanBet single-handedly states that deposit methods will depend on players' countries, and may include local payment systems that are not otherwise mentioned. At any rate, credit/debit cards, crypto and bank transfers should be available pretty much everywhere.

As for the maximum deposit, it is up to €10 000 for bank transfers and €11 000 for crypto, but if you have the option to fund the account through a wallet, you may face some restrictions. The processing time for all deposits is instant.

Considering withdrawals, the designated conditions are generally acceptable, but we found a lot of missing details. For example, OceanBet never mentioned what's the minimum withdrawal requirement. They should provide more information on that.

The generally accepted withdrawal methods are bank cards, bank transfers, crypto, Interac and AstroPay, but keep in mind that the availability of the latter two, in particular, may vary from country to country.

As for fees, OceanBet doesn't generally charge withdrawal requests, but if the payment institution charges the transaction, the player will be the one to pay, which is a standard approach for all casinos. In that sense, we cannot outline any fees since each possible charge will depend on way too many factors – the withdrawal method, the country of residence, the sum and so on.

Before a withdrawal, however, players should wager their deposits 5 times, which is the general rollover requirement. If they do not complete it, OceanBet reserves the right to reject withdrawal requests. The other option is 8% fee. The rollover requirement of 5 times is a bit high, though, since the standard is 1 to 3, so this condition is definitely unfavourable.

Only one withdrawal limit is specified, and frankly speaking, it's not very good – players are allowed to withdraw no more than €5000 per week. Hence, the withdrawal limit for a month should be €20 000 – certainly not the best conditions, but it's also not the worst, so it gets to be somewhere in the middle.

Lastly, there is the dormant account fee, which is unfortunately not specified. According to the clause, an account becomes dormant after 6 months of inactivity, but OceanBet doesn't say what happens next – is there a fee or not. The worst about it, however, is that the casino reserves the right to forfiet the outstanding balance, which practically means that OceanBet may confiscate funds. May happen or not, but in any case, that's not a good scenario. Therefore, make sure not to leave your account inactive.

Games and Game Suppliers

World-class studios are working with OceanBet, including Pragmatic, Wazdan and Play'n GO, to name but a few. The comprehensive list is below.

Game providers: PragmaticPlay, Play'n GO, Betsoft, BGaming, Red Tiger Gaming, NetEnt, Wazdan, Blueprint, Swintt, Amigo Gaming, Endorphina, Relax Gaming, Quickspin, Microgaming, GameArt, Oryx, Evolution, Spinomenal, Tom Horn, Evoplay, Gamomat, Thunderkick, Booming Games, ELK, Habanero, ISoftBet, Kalamba, Givme, Yggdrasil, Fugaso, Golden Hero, Mascot, Skywind, Big Time Gaming, Just For The Win, Foxium, Lightning Box, Leap-Gaming, Hacksaw, Felix Gaming, Fazi, Stakelogic, Smartsoft Gaming, Triple Edge Solution, 1x2gaming, Iron Dog Studio, OneTouch, Booongo, RubyPlay, Playson, Ggames, Nolimit City, Atomic Slot Lab, Petersons, Inbet Virtuals, Elysium Studios, Slingshot, Switch Studios

With so many leading providers, it's not surprising that OceanBet offers thousands of slots including Wolf Gold, Great Rhino, Sweet Bonanza, Mustang Gold, The Dog House, John Hunter and the Book of Tut, Chilli Heat, Pirate Gold, Wild West Gold, Fruit Party, Madame Destiny, Bronco Spirit, Release the Kraken 2, Hot to Burn, Pyramid King, Aztec Bonanza, Curse of the Werewolf Megaways, Gems Bonanza, The Hand of Midas, and Gates of Olympus, to name but a few. What we miss is the Aviator, which is not available, but overall, the choice is plentiful.

In the Live Casino, players can find variations of popular table games like Poker, Blackjack, Baccarat, Roulette, Keno, Dice and so forth.

For those who love sports betting, matches in Football, Tennis, Basketball, Baseball, American Football, Cricket, Boxing, Darts, Futsal, Ice Hockey, MMA, Rugby are also available for wagering. The betting options are most abundant in the Football section, as you can bet on fixtures, total goals in the match, total goals for each team, who will score first, and so on.

There is also a Live section, in which you can bet on matches that have already started, so if you are into sports betting, there is a great choice of sporting events, as well.

Conclusion

OceanBet is a good casino overall. It has been online for 7 years, so it has withstood the test of the time and has proven itself. The house is operated by a licensed company, and offer thousands of slots, Live casino and sports betting. All in all, there are many games to choose from. The bonus promotions are not so many, but the welcome offer is very good, so it's worth checking out. As for the deposits and withdrawals, the conditions are 50/50. On the one hand, the deposit requirement and the minimum to claim bonuses are very good. On the other hand, certain conditions and particular restrictions are not the best, but overall, the provizos are acceptable. The two downsides are the rollover requirement of 5 times, and the reserved right to confiscate money. Those two conditions, however, do not change our general perception. OceanBet is not the best in the world, but it's a good house.