SpinBet

SpinBet is a rather new casino, with a focus on crypto. It processes only crypto deposits and withdrawals, and accepts a number of these tokens. Also, there are a good number of games you can play – it is advertised more than 5000 titles are available on the website of the house.

But that is not enough for a casino to be deemed to be good, or even for it to be able to stand apart from the rest of its peers. In fact, we can say that SpinBet fails to do so, because it has a serious number of issues when it comes to the rest of its services. For instance, the casino does not have much information about what bonuses it provides. And what is available is sometimes contradictory, which is not acceptable. Speaking of bonuses, there are only three types of them, which is way too little.

In order for us to give a verdict about whether this casino is good or not, we have covered its most important aspects. So here is everything you need to know about the casino:

Bonuses

The low number of promotions with SpinBet is one of the more off-putting aspects of the casino. Other companies run interesting bonuses, which are unique to them and incentivize the player to deposit. You can get more for your money with a casino which has a comprehensive bonus incentive. Nevertheless, here is what this one has to offer:

• There is a Welcome Bonus. This promotion grants you up to 0.5 BTC, which is about $13 000 at the time of writing. However, with how notoriously volatile Bitcoin is, that could easily change. Nevertheless, the promotion is calculated as 100% of your deposit. This means that SpinBet will double what you cash in, up to the maximum it has set for the bonus. To withdraw this money will require you to comply with a wagering requirement. Such requirements represent the amount of times you need to turn a bonus over before you are allowed to access the funds from it, as well as your winnings. In this case, the particular requirement is not mentioned. We had to scour the Terms and Conditions of SpinBet to find it – the casino says that the default requirement is 30x if nothing else is specified for a bonus. How does that stack up to other houses? They also set such requirements, which are usually within the range of 30x to 40x. So we can say that the one with SpinBet is pretty acceptable. There is no mention of a cash out limit anywhere on the website of the casino. This means the winnings you make are not going to be restricted.
• Secondly, there are a series of Bounties – these are deposit bonuses, which are available once, for deposits in each of the currencies that SpinBet accepts. The details in the table above relate to the Bitcoin Bounty. It grants you up to 0,06 BTC, which is about $3000 currently. The promotion states the bonus multiplier is 100% once again. What is more concerning is the wagering requirement. Check out the following screenshot from the casino's website:
  
  As you can see, it advertises two different wagering requirements, for the same bonus! How are we supposed to know which is the true one? It is either 35x or 80x, and that is a very stark difference! The first number is acceptable, and the second, 80x requirement is not at all! We are very displeased with this contradiction.
• Last in the list of bonuses with SpinBet is the Weekly Cashback incentive. Now, this promotion has nearly no information to it. If you are not familiar with how cashback bonuses work, they count the losses your account has realized for a certain period of time, in this case a week. Once the timeframe is up, you get a certain percentage of them back. The only thing we know about this casino is that the percentage is between 0.5% and 15%. It supposedly increases with your account level, but there is scarce information on how that works too. Obviously, the casino requires you to deposit more to unlock the higher levels, but we would have appreciated information on just how much is expected. We would have also appreciated more information on what the maximum amount you can get with the Cashback is. We do know that the wagering requirement is 30x – as per the clause mentioned with the first bonus, every non-disclosed wagering requirement is 30x. That is a bit too much for this type of promotion, as casinos tend to have lower demands for them.

Overall, we are very displeased with the low number of bonuses with SpinBet, made all the worse by the lack of information about them.

License

One of the stronger suits of this casino is its license. Here is what it has to say about the regulation it is under:

And here is confirmation of that, from the register of Gaming Curacao:

So there is absolutely no doubt that the casino is actually licensed. This is good news, because there are some great benefits for players who pick the services of casinos under the oversight of any of the bodies in Curacao. There are four master license holders in the country, which decide who to authorize. The companies that do get their approval have to comply with the following regulation:

• They need to make sure their clients are not engaging in any kind of financial crime like money laundering. To prevent that, the regulatory ruleset requires them to conduct thorough KYC checks on their players. This might seem annoying, but it is actually a policy which makes gambling safer and more enjoyable for everyone!
• During the checks we mentioned, casinos collect sensitive information about every one of their clients. That is why regulators have in place special rules as to how this information is to be stored. These regulations keep it from leaking, exposing your personal data to hackers and so on.
• There are also rules which ensure the transparency of the gaming experiences with casinos. For instance, Gaming Curacao requires the slots of the houses it licenses to be audited. The random number generators within them are checked by independent professionals to make sure there is absolutely no bias in them.

There are other rules that could be mentioned here, but we are very pleased with the fact that SpinBet is licensed. On another note, it has also managed to translate its website in a good number of languages – here is a list:

Languages: Dutch, English, French, German, Portuguese, Russian, Spanish

This is good, because it makes the casino more accessible. Of course, if you are a resident of the following restricted countries, the services of this house will not be available to you:

Restricted countries: Australia, United Kingdom, Netherlands, Show All, Austria, Aruba, Bonaire, Sint Eustatius and Saba, Curaçao, Spain, France, Iraq, Iran, Sint Maarten (Dutch part), United States Minor Outlying Islands, United States, Virgin Islands, U.S.

Deposit and Withdrawal

Here is the only method of payment this casino accepts, as well as the crypto tokens that it takes payments in:

Currencies: Binance Coin (BNB), Bitcoin (BTC), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB), Tether (USDT), USD Coin (USDC), XRP

As you can see, there is a lot of uncertainty about the actual details on the deposits. Nowhere does it say what the minimum you can put in is. We hope that there is no minimum, and that you can deposit as little as you wish. We should also mention that while SpinBet does not charge you with any fees for depositing, miner fees need to be paid when transferring crypto. Also, crypto might not be a good payment method for people who have never used it before, because it is a bit too complex. That is why most other casinos have a lot more payment options. Either way, crypto is the only option for withdrawals as well:

Once again, tons of crucial information is missing from here. We only know the maximum withdrawal limit per week, but not what the minimum is. It seems to be a trend with this casino to just not feature any of the details of its services we generally expect to see. Furthermore, what we said about miner fees appliers here as well – they will need do be covered, which does need to be taken into account.

There does not seem to be a requirement to wager your deposits a certain amount of time to cash them out. This is a common requirement in the industry, but the Terms of the casino do not mention it. Similarly, there is no information on any inactivity fees.

Games and Game Suppliers

There is a good amount of Game suppliers listed on the website of this casino. Here is who they are:

Game providers: BBGames, Beterlive, Betsoft, Blueprint, Booming Games, Caleta, Candlebets, ELK, Evolution, Fantasma, Fazi, Fugaso, Gamomat, Habanero, Hacksaw, Just For The Win, Kiron, Microgaming, NetEnt, Nohernlights, Nolimit City, Nucleus, OneTouch, Oryx, Play'n GO, PragmaticPlay, Print Studios, Quickspin, Red Tiger Gaming, Relax Gaming, Retro Gaming, Spearhead, Spinomenal, Spribe, Thunderkick, TrueLab, Wazdan, Zillion, Buck Stakes Entertainment, Gameburger Studios, Gamefish Global, Manna Play, Neon Valley Studios, Play Pearls, Reloaded Gaming, Slingshot, Spinplay Games, Super Spade, TPG, BetGames.tv, Revolver Gaming, Triple Edge Solution, Rabat

Even though there are up to a hundred of them with most of the bigger houses out there, this is still a very good number! And, as we mentioned previously, there are over 5000 games from them. Here is what types of games there are:

• Slots are the most numerous category of what is available with the casino. These are divided into Slots, Megaways and Jackpots, for ease of browsing. Among the more popular titles that are present here are the Big Bass Bonanza series, the , Book of … collection, Wolf's Gold, Crystal Ball and many others.
• Secondly, there is a number of classic Table Games that you can play. As you can expect, there are many different tables of Baccarat, Poker, Blackjack, Roulettes, but also some dice games like Sic Bo.
• There is an extensive section on Live Games. Baccarat, Poker, Blackjack, Roulettes and the other table classics we mentioned can be played here, with live dealers.
• Lots of Game Shows are available as well. These include Deal or no Deal Crazy Time, Crazy Coin Flip as well as various other shows.
• Provably fair games, or Crash games are also available, in a category of their own. These titles include Aviator, Dice, Goals and more.

Conclusion

SpinBet is ultimately a disappointing casino. Even though it has the benefits of strict regulation and a wide games library, there is just too much which we do not know about the house, in order for us to be able to recommend it. We don't like the lack of information on its bonuses and payments. Nor do we like how little promotions there are in total. That is why we recommend staying away from this casino and sticking to one of the many other alternatives out there, which are more transparent.