Satoshi Slot Casino
Pros
Low Minimum Deposit Via USDT
Cons
Unlicensed Casino
Controversial and Inaccurate TCs
Only Crypto Deposits Possible
Only Crypto Withdrawals
Satoshi Slot Casino Details
Table of contents
Satoshi Slot Casino looks like a decent place at first look. The more you delve into it, however, the more you see that there are way too many issues to consider before depositing. One such incredibly significant issue is that the casino operates without a valid license, so we cannot in any way say that Satoshi Slot is a safe and fair casino. The other issues are related with deposits/withdrawals and TCs, so with no further ado, let us tell you why you should be careful with Satoshi Slot.
Languages: English, Spanish, Japanese, Chinese, Vietnamese
Bonuses
Bonus | Min deposit | Max bonus | Wagering requirements | Cash out limit |
Deposit Bonus | 1 USDT | 100% up to 3 USDT | 50x | Unspecified |
Satoshi Slot Casino has only one bonus, but it's recurring every time a player deposit money. That may seem like a fantastic offer, but it's not really cause there are strings attached. Let us explain:
- Deposit Bonus – as said, you get a bonus with every deposit. Great, isn't it? Well, no. The thing is that the maximum prize is a really fishy award. To begin with, there is no minimum deposit requirement to activate the bonus, so you can start with just 1 USDT. The prize, however, is 100% up to 100 USDO. Now, USDO is a completely different cryptocurrency. 100 USDO are currently traded for just 3 USDT, so your max prize is practically nothing! Note that the wagering requirement is 50 times the bonus.
Now, the prize is really an issue, but the more significant question is why does Satoshi Slot Casino wants you to deposit USDT, but it's using USDO as a prize currency. That totally doesn't make sense and looks fishy, seen from every viewpoint possible. There is something wrong going on there, so we kindly advise players to refrain from depositing in Satoshi Slot Casino. The following section will explain in detail why we say so.
Anyhow, it's easy to understand that the Deposit Bonus of Satoshi Slot Casino is not a good offer. It's recurring with every deposit, so there is possibility to claim it over and over again, meaning that it's theoretically beneficial. On the other hand, however, we don't see any other traditional offers like reloads (notwithstanding that the Deposit Bonus can be considered a reload, as well), cashback, mystery bonuses, rakeback or any other specific promo.
Hence, the unreliable and misleading Deposit Bonus combined with the lack of any other promotions lead us to draw one an only conclusion – the bonus policy of Satoshi Slot Casino is a total failure. Frankly speaking, that's more than enough to steer clear of Satoshi Slot Casino, but keep reading as the most significant problems are yet to be revealed.
License
Satoshi Slot Casino is an unlicensed casino and that's really bad for them and players alike. The lack of a license means that the casino is not regulated or controlled, which makes it a really suspicious gaming house.
More so, they never mentioned the name of their parent company, so Satoshi Slot Casino happens to be a totally anonymous gaming house. That's bad.
Another noteworthy fact is that the casino is said to be governed by the laws of China, meaning it's a Chinese casino, if we trust the information found in the TCs. We don't think it's necessary to explain why it's a very bad idea to deposit in Chinese casinos, but we'll nevertheless share a few words.
Now, China is a different world, and if you are here, reading this review, you are probably not a resident of China. The Chinese have their own Internet, own banking system, own way of doing things, and it's even fair to say that their civilisation is not the same like ours.
Why we say so. Well, we do because if you happen to deposit money in China there will be absolutely no guarantee that you will see any of it ever again. Furthermore, the casino accepts only cryptocurrencies, so if something goes wrong, there is absolutely no way to have a dispute and get your money back. Just keep this in mind.
We don't want to say that Satoshi Slot Casino is a fake casino, but it's unlicensed and shady, so the likelihood of facing problems is much higher than usual. Generally, wagering in unlicensed casinos is risky for a number of reasons.
- Lack of regulation – unlicensed casinos are not regulated by any authority, meaning there's no guarantee that the games are fair or that the casino will honor payouts.
- Security risks – unlicensed may not have strong security measures to protect your personal and financial information.
- Legal issues – gambling at an unlicensed casino can be illegal depending on your country's laws. Therefore, you may face legal consequences if you wager in unlicensed casinos.
- No recourse for disputes – if you have a dispute with an unlicensed casino, you have no legal recourse since they are not accountable to any regulatory bodies.
- Possible unethical practices – unlicensed casinos might employ unethical practices, like offering rigged games or using deceptive advertising. And since they are unregulated, no one can stop them from being unfair with players.
- Addiction and financial risks – unlicensed casinos might not offer responsible gambling tools, such as self-exclusion, for example. If you end up wagering in an unlicensed casino, the risks are definitely increased. More so, some unlicensed casino intentionally promote and encourage irresponsible playing.
With that in mind, we always recommend licensed and regulated casinos cause they offer certain layers of security that guarantee safe and fair gaming experience. While looking for legit online casinos, you'll most likely come across houses authorised in Malta or Curacao, which are the top 2 destinations. Malta and its MGA are stricter, and impose more requirements towards casinos, while Curacao is more relaxed and has different regulatory structure.
On the island, there are four master license holders – Antillephone, Gaming Curacao, E-Gaming and CIL, each of which has the powers of a regulator. They can sublicense casinos, so if you can verify that a certain casinos is authorised by Antillephone, for example, you can rest assured it's safe.
A good feature of Satoshi Slot Casino we can note is that it restricts players from certain countries, which shows that the casino respects at least some of the international gaming rules and regulations. It's practically closed in jurisdictions with tight regulations, and that's good for them. See the list.
Restricted countries: Netherlands, Sweden, United Kingdom, Show All, American Samoa, Aruba, Belgium, Bonaire, Sint Eustatius and Saba, Curaçao, France, French Guiana, French Polynesia, French Southern Lands, Gibraltar, Greece, Guadeloupe, Guam, Israel, Jersey, Lithuania, Martinique, Mayotte, Netherlands Antilles, New Caledonia, Reunion, Saint Martin (French part), Sint Maarten (Dutch part), Slovakia, Spain, Switzerland, United States, United States Minor Outlying Islands, Virgin Islands, U.S., Wallis and Futuna Islands
Deposit and Withdrawal
Currencies: Euro (EUR), Tether (USDT), Bitcoin (BTC), USD Coin (USDC)
Deposit method | Minimum | Maximum | Processing time | Fee |
Credit/Debit Card | €43 | €9950 | Instant | Free |
Crypto | €1 | Unspecified | Instant | Free |
Apple Pay | €43 | €9950 | Instant | Free |
Google Pay | €43 | €9950 | Instant | Free |
The deposit policy is subpar, but before we begin with it, we shall mention some very disturbing aspects of this casino.
Namely, within TCs, one will find many clauses regarding EUR and USD deposits, and funding methods like bank cards, Skrill, Neteller, Ecopayz, Interac, Instadebit, MiFinity, MuchBetter, etc. In reality, however, EUR or USD direct deposits are not available, and none of the methods mentioned is actually accepted. This shows that the TCs of Satoshi Slot Casino are misleading and inaccurate, which is a very very bad sign! Beware!
As for the funding methods, there is a catch. In reality, only cryptocurrencies are accepted, but Satoshi Slot Casino's cashier allows automatic purchase of crypto if you don't have digital coins. Once you click on Buy crypto, you are redirected to MoonPay where you should spend at least €43 using bank cards, Apple Pay or Google Pay. Once crypto is bought, it's directly transferred into the gaming account. That may seem like a convenient way to fund your account, but it's not. We'll explain why in a minute. The maximum you can spend for buying crypto €9950
Anyhow, the minimum deposit is just 1 USDT, which is good as it doesn't cost much to start playing. That said, we still think it's not a good idea to deposit and wager in unlicensed casinos like Satoshi Slot Casino.
Each deposit is instant and free.
Withdrawal method | Minimum | Maximum | Processing time | Fee |
Crypto | Unspecified | €9900 | up to 1 hour | Free |
The withdrawal policy is awful. Players can use only crypto for cashing out, which is bad.
Let's say that you used your Apple Pay to purchase crypto, as explained while we talked about deposits. You will fund your account, but if you want to make a withdrawal, you won't be able to make a transaction unless you have a crypto wallet, MetaMask, and possibly other crypto tools to complete the transfer. Hence, it's a really bad idea to use bank cards, Apple Pay or Google Pay to purchase crypto and make a deposit, just keep this in mind.
The minimum withdrawal is not specified, but the maximum is said to be €9900 per transaction. The processing time is said to be up to 1 hour, which will be fantastic, only if we could trust Satoshi Slot Casino. We cannot. It's unlicensed and its TCs are controversial. That's more than enough for us to question anything that say.
Anyhow, there is no rollover requirement specified, which is yet another downside. The rollover is the number of times players should wager their deposits before a withdrawal – a standard gaming and AML condition imposed by every casino. Satoshi Slot Casino says nothing about that, and we wonder why.
The inactivity policy seems good, at least on paper – an account with more than 12 months no login will be charged €10. Looks good, but we shall once again remind you that there are plenty of inaccurate clauses in the TCs, so we can't trust the inactivity policy, as well. Just note that.
Games and Game Suppliers
Game providers: 1spin4win, Atmosfera, Belatra, BetGames.tv, Endorphina, Evolution, ISoftBet, Kalamba, LuckyStreak, Mascot, NetGame, Nolimit, Nucleus, Onlyplay, Platipus, Play'n GO, PragmaticPlay, Red Tiger Gaming, Hacksaw, PGSoft, BGaming, Spinomenal, TrueLab, Habanero, Betsoft, Microgaming, Yggdrasil, Quickspin, Playtech, Other
When it comes to gaming, Satoshi Slot Casino can offer some of the very best slots as it works with some of the very best gaming studios, like Pragmatic, for example. On the other hand, however, literally every good casino can offer the same games, so at the end of the day, there is nothing extraordinary in Satoshi Slot Casino's gaming library.
Speaking of slots, here are some you can find: Bone Bonanza, Dice Million, Gemhalla, Maneki 88 Fortunes, Mice & Magic Wonder Spin, Savage Buffalo Spirit, Wild Chicago, Sugar Rush, Gates Of Olympus, The Dog House, Sweet Bonanza, Ancient Egypt, Mustang Gold, Aloha King Elvis, Bonanza Billion, Stallion Strike, Thunder Birds Power Zones, etc.
Live Casino games are also present, but there aren't very many to choose from – 184 altogether. That seems like a decent number, but other houses come with up to 1000. Here are some Game Shows found in the lobby of Satoshi Slot Casino: Craps, Boom City, Sweet Bonanza Candyland, Mega Sic Bo, 3 Card Brag, Adventures Beyond Wonderland, Buffalo Blitz, etc.
Satoshi Slot Casino offers sports betting, as well, and frankly speaking their Sportsbook section looks really good, at least visually. On the other hand, though, it's still an unlicensed casino, so think twice if you consider wagering sports in Satoshi Slot Casino. Not to mention that you will find the same sports and the same betting outcomes in pretty much every other casino offering Sportsbook.
Conclusion
Satoshi Slot Casino is an utter disappointment. It has no license, accepts only crypto, and appears to be a Chinese gaming houses, meaning that it's not a proper place for everyone outside of China. The casino has some positive aspects, as well, but they certainly do not compensate. Satoshi Slot Casino is not a good place for wagering. Find a better casino instead.