SharkCasino
Table of contents
SharkCasino is probably the first shark-themed e-gaming company out there. This is a rather innovative theme, and, somewhat ironically, reflects the fact that the casino is located offshore. However, it is licensed, with a very popular e-gaming regulator, so there is no need to worry about your safety of funds. All in all, we found the regulation of the company and its fair deposit and withdrawal policies to be a pretty huge advantage.
On the flipside, it also has some issues, though. These mostly have to do with the lackluster bonus structure it maintains, which makes the casino not as appealing as it could have been. It seems that, in order to be able to answer the question of whether SharkCasino is worth playing with, we need to delve a bit deeper into the specifics of the house. We have done just that in the thorough review below – covering all sorts of aspects of the firm, like its bonuses, license, deposit and withdrawal policies, and finally, its games themselves. Without further ado, here is everything you need to know about SharkCasino:
Bonuses
Nowadays, the best way a casino can stand aside from its many competitors is by issuing interesting and unique bonuses to players. The promotions with SharkCasino are not really anything new, nor are they particularly varied. Here is what these look like, as well as the conditions associated with each of the promotions:
Bonus | Min deposit | Max bonus | Wagering requirements | Cash out limit |
$500 Welcome Bonus | $20 | $500 + 50 spins | 40x | None |
Monday Reload Bonus | $30 | $2000 | 40x | None |
Wednesday Free Spins | $10 | 50 spins | 40x | None |
Cashbacks and Rakebacks | - | 20% | 3x | None |
As you can see, there are just four bonuses you can make use of. Despite this, we are confident that the promotions can be satisfactory. Here is why:
The Welcome Bonus issued by SharkCasino doubles your deposit to up to $500. Compared to other houses, that is a pretty decent amount. The minimum deposit required to make use of it is just $20 as well, which is also pretty low. Other than the cash bonus, you will also have access to a substantial number of Free Spins to make use of. There is a common wagering requirement of 40x for both the Free Spins and the money. This requirement represents a turnover you need to clear before you are able to withdraw the bonus. You need to wager the promotional funds at least forty times to do so. Most casinos have such requirements as well, and they are usually placed between 30x and 40x. So while this one is a bit higher that the average with rest of the industry, it is still within reasonable bounds. There is also a Cash out limit – you cannot profit more than $10 000 from the bonus. Seeing as the promotion is as high as $500, this is a rather generous allowance.
Next, there are two bonuses, which are available on certain days of the week. The first one we would like to mention is called the Wednesday Free Spins Bonus. This promotion is available in three tiers, and is really straightforward. If you deposit $10 on a Wednesday, you get 30 Free Spins. A deposit of $20 nets you 40 and one of $30 grants you the maximum of the bonus, which is 50 Free Spins. This is a good place to explain how the Free Spins themselves work:
The Free Spins credited to your account can only be used within 7 days of obtaining them. Moreover, you can only use them with specific games that SharkCasino has allowed them for. The maximum amount of money you can cash out on each spin is $100. This means the maximum you can get from the bonus we are discussing is $5000. There is also a wagering requirement for the Free Spins as well, which is again 40x. These requirements are pretty common when it comes to this kind of promotion as well.
Thirdly, the Monday Reload Bonus is available at the start of each week, and lets you make use of a massive cash reward if you deposit on Monday. You need to put in a bit more to make use of the bonus – $30, but it also goes up to $2000. The wagering requirement is the same 40x amount, and the cash out limit is also $10 000.
Note that the bonus will only be available once your account reaches a certain level – 3. There are many tiers of accounts with SharkCasino, and you will progress along them as you wager more and more money with the casino. In particular, tier 3 requires you to wager at least $10 000 to obtain.
The account tier system is also connected with the Cashback and Rakeback bonuses that are offered by the casino. These are available to all accounts, regardless of their tier, and allow you to make back the money you have lost, or profit even further. The higher tier you have, the more money you will be able to recover, up to 20% of daily losses. Let's take a look at these promotions:
The Cashback amount is available on accounts that have lost at least $10 in a day. Each day, the percent of money they can recover is credited back to their account. This percent starts from five and goes up to twenty with the highest tier. There are some additional restrictions – the money which gets refunded gets its own wagering requirement of 3x and your account needs to be at a net loss. However, this is a pretty generous reward!
There is also the Rakeback. This promotion is available for slots and it is calculated every five minutes you play them. What is important to mention about the feature is the fact it calculates both wins and losses in the games – and you get money based on the amount you have wagered. You can get between 5% and 20%, based on your account tier. There is the same 3x requirement to get the money again.
Finally, since SharkCasino has partnered up with Pragmatic Play, it participates in a bonus that Pragmatic offers, called Drops & Wins. By playing the slots offered by the game supplier, you have a chance of randomly winning an award from a pool of $1 million that the company hands out each month. The more you wager, the higher the potential reward – though there is no specific information on how much you can win.
Overall, even though there are not that many different kinds of bonuses with SharkCasino, the firm makes the most of the promotions available. They are generous, fair, and can be obtained consistently. This makes for a positive mark of the bonus structure of the casino.
License
SharkCasino is licensed in Curacao, as it claims below:
The government of Curacao has authorized four companies to regulate its e-gaming market. It has granted them master licenses – each of the four can issue sub-licenses to casinos. And each one has different requirements and means of verification for the documents. Curacao eGaming is one of them, and it providers for an easy license verification. As you can see above, there is a dynamic seal with the logo of the regulator. Clicking it leads to the following page:
It is the entry in the register maintained by Curacao eGaming for SharkCasino. This guarantees that the company follows the regulations of the master license holder. These regulations can provide you with certainty that the casino will play fairly. It has to use specific random number generators to ensure a fair outcome for its games, for instance. It also needs to have policies in place to prevent money laundering and other financial crime. Overall, a license is a very strong reason to go with a particular casino over its competition!
Languages: English, German, Portuguese
Restricted countries: Netherlands, United Kingdom, Show All, Iran, Korea, North, Netherlands Antilles, United States
Deposit and Withdrawal
The deposit methods with SharkCasino are where it let us down the most. Here is what payment methods and currencies you can use with it:
Deposit method | Minimum | Maximum | Processing time | Fee |
Crypto | - | Unspecified | Instant | Free |
Withdrawal method | Minimum | Maximum | Processing time | Fee |
Crypto | Unspecified | $15000 | Unspecified | Free |
Currencies: US Dollar (USD)
All of these are various crypto payment tools. There is nothing wrong with a casino accepting them. In fact, the overwhelming majority of houses do just that! However, they also have other means of payment available. Usually, they take cards, e-vouches, e-wallets, wire transfers and so on.
On to the specifics of the payment policies, there is a weird minimum deposit requirement on each of the crypto assets. Our guess is that this has to do with their volatile prices. If that is the case, it is possible for the entry requirements for the casino to change in the future – the requirements above were what each payment method listed at the time of writing. But since they are under $10, it can be said that SharkCasino has a very competitive minimum deposit requirement.
There is no information on the minimum amount you can withdraw, nor how fast the withdrawals are processed. We cannot speculate on either of these aspects, as each casino has different policies for them. However, we can assume that the payments will be processed within 24 hours, as that is usually the case with crypto.
There are also no fees you would have to pay for cashing in or cashing out. However, to prevent money laundering, you will have to deal with a certain turnover requirement the house has imposed. You will need to achieve a turnover of your deposits times one to do so. This policy is pretty standard with most houses. Some even have higher requirements, going up to three times the deposited funds.
Games and Game Suppliers
There are over a thousand games you can play with SharkCasino, from some of the best providers. We have already mentioned Pragmatic Play, but the casino also has titles from the following developers as well:
Game providers: PragmaticPlay, Hacksaw, Nolimit City, Relax Gaming, Wazdan, NetEnt, BGaming, Thunderkick, Quickspin, Evolution, Play'n GO, Spribe, Big Time Gaming, Platipus, Red Tiger Gaming, Habanero, Evoplay, Belatra
The games that you can play are divided in several categories:
First off, there are Slots. There are many such titles, some of the more famous being Book of Dead, Buffalo King Megaways and Book of Shadows. The second type of game that is available with SharkCasino is Table games. They include classics like Blackjack, Baccarat and many Roulettes. It should be mentioned, that there are some live table games available as well. This brings us to the next section of the selection of SharkCasino – the live games. Aside from the aforementioned table games, these also include some other titles we did not expect – Monopoly Live, for instance.
Finally, there are also game shows. These live games include the popular Crash, as well as wheel of fortune type games and many other.
Overall, the selection of casino games here can offer anyone something they would find interesting. It is worth your time to check them out with the casino.
Conclusion
In summary, we consider SharkCasino to be a pretty decent casino. The only real downside of the firm, which it seems unable to mitigate is the lack of deposit options. Crypto payments might be too complex for some, and can be deemed to be too much of a hassle. We would like to see the section of deposit methods expanded in the future.
But if you are able to look past that, you will find the casino to be an excellent place to play. With a vast number of games and exciting bonuses, it covers the needs of its clients. Not to mention the attractive bonuses it has to offer. There is also the benefit of the firm being regulated, which guarantees your safety of funds and that you will not have an unpleasant experience with its games. So we would say SharkCasino is worth checking out.