OlympusBet Casino

There is a lot to unpack here, and most of it is great. On the surface and beneath it OlympusBet Casino is a solid online gambling platform with a lot to do and see, but certain small nuances might impede the process of player retention. Read on for our full impression.

BONUSES

Welcome Package of up to €500 Plus 100 Free Spins:  There are actually a total of 4 subpages as a part of this welcome package. The minimum deposit for all 4 sub-bonuses is $20, while the wagering requirement is 40x time the deposit plus the bonus, a turnover requirement that must be completed in 21 days. The maximum cash-out is indicated as being 10 times the bonus amount received.

• 100% up to 500€ + 25 Free Spins: The free spins can only be used on Rags to Witches, Book Of Darkness, and Gears of Time.
• 25 Free Spins: Applied on the Trinity Reels and Primal Wilderness slots.
• 25 Free Spins: The FS are applied on the Charms And Clovers, as well as the Alkemor's Elements casino slot games.
• 25 Free Spins: Can be used on 7 Fortune Frenzy and Stampede slots.

Sports Welcome Bonus of 100% up to €100: Applied to sports games. Invest at least $10 to activate, and complete a 16x wagering requirement in 21 days to be eligible for a withdrawal request. As above, the maximum a user can profit is equal to the bonus times 10.

Reload Bonus of 50% up to €200: The minimum deposit required to activate is $20, while the wagering requirement is 40x the bonus, again set for completion in 21 days. Again, the maximum a client can profit is equal to the bonus money received times 10.

Sports Reload Bonus of 50% up to €50: Only users who: a) have NOT met previous Sport bonuses wagering requirements; b) who have placed at least 5 sport bets with their last deposit; and c) who have no more than $1 in their account – can claim the bonus. The minimum deposit to activate is $10, while the wagering requirement is 5 times the deposit; the rollover has to be completed in 15 days. The max cash-out is 7x the awarded bonus amount.

€50 Free Bet Bonus: Activated after a minimum $50 deposit. The free bet token can only be used in whole, and not as a number of smaller bets (as portions). The odds of the bet must be within 1.80 – 3.00, and only single, pre-match bets are allowed for the duration of the bonus. There are no wagering requirement- all profits can be directly withdrawn. Speaking of profit, the maximum you can generate here is equal to 5 times the free bet amount.

€25 Free Bet Bonus: Place a bet of at least €10 at 1.80 or higher odds, and if you happen to lose the bet the casino will aware a 20% stake-back.

Tournaments: Partake in exiting tournaments where the top players – those who bet the most and are the luckiest – will get the chance the divide huge prize pools.
The most popular one currently at the casino is Drops and Wins by Pragmatic Play with a €2 000 000 prize pool, with a total of 45 seven-day separate tournaments  and a total of 336 daily prize sets. There is no minimum deposit requirement, and no rollover requirement. The Drops and Wins is available on casino slots and live casino games (for live, the minimum bet is €2)
There are also sport and sport event-specific bonuses: Currently, the active one is an NBA $10 Free Bet event: invest at least $50 to activate and get $10 in free bet, and take advantage of a wager-free bonus. All other bonus T'Cs apply.

LICENSE

Olympusbet's parent company, NewEra B.V. is regulated under the laws of Curacao, more specifically licensed by Curaçao eGaming (CEG). In other words, OlympusBet Casino possesses a Curacao gaming license, which grants it the status of a reliable and fair online casino.

In order to guarantee a safe environment for clients, a holder of a Curacao gaming license must adhere to a grand selection of rules and laws, not limited to the following:

• Reliability: the casino has to make sure that it can make all its users feel safe and secure so that they will come back. This is assured with encryption software, security measures, and legal policies that will topple fraudsters and risky behavior.
• The validity of its software: the operational software must be legitimate and proper. In the case here all seems well.
• An above average customer service, available at all times in order to make sure the user's needs are fulfilled, while all queries are answered. This is also crucial because the customer service is the voice of the casino and with the Curacao license this casino has made sure to excel on all such parts.
• AML and fraud prevention policies, which are crucial for any legitimate business. The broker has a number of deposit and withdrawal tactics made sure to detect and prevent both symptoms of money laundering and acts of it.
• Unbiased games, meaning games that rely purely on chance, as they should be. A casino cannot get a license without first proving to be in the possession of a fully functioning random number generator software.

As a Curacao licensed casino Olympusbet can offer bigger and more bonuses, while its game collection can also be much bigger than most mainland casinos. This is definitely one of the main reasons why many casinos push for a license in Curacao. However, that push also comes with gambling addiction tactics, as we have disclosed, that make sure the user us kept away from harm's way.

Currently, there still may be some doubt about the legitimacy of all Curacao licenses seeing that offshore companies as a whole get a bad rep. But the truth is that with Curacao, the game has been upped, significantly so, in order to compete and perhaps surpass main land regulator, at least in terms of popularity. In hindsight, most of the Curacao based casinos have been excellent, and Olympusbet is definitely one of these.

Languages: English, Italian, Dutch, Finnish, Norwegian, Arabic, French, Portuguese, Hungarian

Restricted countries: Netherlands, United Kingdom, Show All, Bulgaria, France, Israel, United States

DEPOSIT AND WITHDRAWAL

Currencies: Euro (EUR), US Dollar (USD)

To be honest, there isn't much to be said about the payment services, and that is because the casino has made the choice to keep silent on many crucial payment conditions. Aside from some clauses from the Terms and Conditions, and a couple of FAQ sections, there isn't a lot to talk about. This is a grave omission on the casino's side, and a definite con.

The FAQ section reveals a vague selection of payment providers: wire transfer, credit card, e-wallets, and prepaid cards. There is no minimum deposit revealed anywhere; we have to consider the $10 for the bonus as a minimum deposit but still, if the user does not want a bonus he will have no idea what to invest. There are also no deposit nor withdrawal processing times indicated.

However, in a cheeky move, OlympusBet Casino does not forget to mention the presence of withdrawal processing fees tied to the payment system. Also, as part of the same sub-clause, the casino states that withdrawal payment methods can change based on the client's jurisdiction.

There is also quite a shady withdrawal fee clause, that states that there is a 8% withdrawal fee applied when a client request more than one withdrawal request within a 30 day timeframe. To us this is an easy way for the casino to profit, and is unacceptable to try and limit the user, and essentially punish him for wanting to withdrawal multiple times. This clause alone can easily scare many a user.

Last but not least, we have the classic deposit roller requirement, which, it has to be said, is not connected to any bonus wagering requirements. However, with OlympusBet Casino it is quite high at 5x the original deposit. Also, the 8% penalty for not completing this withdrawal requirement is also unacceptable, even more so considering the above-mentioned commissions, adding to 16% in total withdrawal fee.

Another shady move is the dormant account clause. After just 6 months of being inactive the casino will move on to completely shutting down the account and forfeiting any active balance. This move is usually a last resort for casinos, and that's only after years of an account being dormant.

GAMES AND GAME SUPPLIERS

The casino games are varied, and truly we think that OlympusBet Casino has delivered a very solid collection, with some of the biggest names in the industry, such as Book of Dead, Gates of Olympus, Big Bass Bonanza, Extra Chilly, Sweet Bonanza, and more big time hitters. There are many Animal themed games, Myth games, Fantasy games, frontier games (wild west, jungle, frozen wilds, deep ocean-themed games), arcade-like games, Megaways, and so much more. There is something for anyone here.

On the live casino frontier, we have Roulette, Blackjack, Monopoly, Coin Flip, Poker variation, Craps, and Baccarat – the classics – on top of live TV games, such as Deal or No Deal, Cash or Crash, Wheelbet, Wheel of Fortune, Lucky 6, Lucky 5, and more.

Then there is the virtual sports section, whihc is a very interesting concept: the user bets on virtual sprots, run by software and algorithm, just like he would on a live sporting events. The virtual sports variety includes Soccer, Hounds racing, Pro-Pong, Motorracing, Horse Racing, Keno. Virtual Tennis, and others.

Speaking of which, OlympusBet Casino's live betting platform is excellent, encompassing a smart design, a huge pool of options, user friendly interface, and variety of live sports that you can bet on. Soccer, Tennis, Basketball, Volleyball, Table Tennis, Cricket, Snooker, and e-Sports. One complain we have with it is the rather short list of sports; users will be able to find double if not triple the load of sports with other casinos.

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

CONCLUSION

If it weren't for those pesky withdrawal fee clauses, OlympusBet Casino would be receiving a much better score, but the provisions are like a smudge on a new canvas. Yet, if you looks at the whole picture, the you will understand how trully great this casino is.