SpinTime Casino
Pros
Generous promotions
Cons
Questionable regulation
No gaming library at all
Accepts only cryptocurrencies for making deposits
High minimum withdrawal amounts
High minimum deposits
SpinTime Casino Details
Table of contents
SpinTime Casino is an online gambling house you should be quite cautious with for many reasons. We don’t consider it a safe or appropriate choice mainly because it seems to be unregulated. As a matter of fact, despite its claims to be Curacao licensed, there doesn’t seem to be any evidence that can prove that.
Unfortunately, this seems to be just the tip of the iceberg. The whole gaming library is actually empty – no gaming activities are to be found at all. To be precise, the casino wants you to sign up in order to get access to the gaming lobby, which later on turns out to be absolutely dysfunctional. On top of that, the only way to add funds to your account is via cryptocurrencies – payment transactions that are known for being absolutely anonymous and impossible to retrieve. As you see, there are too many suspicious details that probably will lead to no good.
As for the promotional campaigns, they seem quite generous, despite being pretty similar as well. Still, some of the bonus conditions are actually missing, so this could be just another way to bamboozle you into opening an account here. Some of the withdrawal conditions are also more or less unfavorable, so we definitely suggest carefully reading the following lines.
Bonuses
As you see, there seems to be a decent amount of offers. In fact half of them cover your first five deposits, and the rest are just regular weekly promotions. On its homepage the casino also mentioned a cash-back opportunity, but unfortunately this option isn’t listed in the promotional page, so we are unsure if you can actually benefit from it. Apart from that there are no additional weekly or monthly promotions, nor any sports bonuses, even though the house claims to come with a broad Sportsbook. Another unusual feature happens to be the absence of any Tournaments, which every other reputable casino tends to offer nowadays. No Loyalty program or Rewards Store is to be found as well, so even if the promotions seem attractive at first, they are actually pretty straightforward and uninspiring.
On top of that some essential bonus conditions are missing, while others happen to be more or less unadvantageous. The rewards definitely sound generous though, we have to admit that. Here’s some further information:
Bonus | Min deposit | Max bonus | Wagering requirements | Cash out limit |
First Deposit Bonus | €50 | 250% up to €250 | 30x | Unspecified |
Second Deposit Bonus | Unspecified | 150% up to €2500 | 30x | Unspecified |
Third Deposit Bonus | Unspecified | 50% up to €4500 | 30x | Unspecified |
Fourth Deposit Bonus | Unspecified | 100% up to €2000 | 30x | Unspecified |
Fifth Deposit Bonus | Unspecified | 100% up to €3000 | 30x | Unspecified |
Monday Reload | Unspecified | 100% up to €500 | 45x | Unspecified |
Wednesday Madness | Unspecified | 125% up to €500 | 45x | Unspecified |
Finally Friday | Unspecified | 200% up to €500 | 45x | Unspecified |
Cash-back | Unspecified | 10% | Unspecified | Unspecified |
Let’s start with the Welcome Package. All of the offers feature a wagering requirement of at least 30 turnovers of your deposit and bonus. This is actually rather advantageous, since most of the houses tend to ask for between x30 and x40 wagers as well. So in short, the requirement definitely fits in the standards for the sector.
The same cannot be said about the qualifying deposit however. As a matter of fact, the exact amount is actually unknown for almost all of the offers. The casino fails to explain this and many other details – no data is to be found in the Promotional section, nor in the Terms and Conditions. Still, after we opened an account and entered the cashier, a First Deposit Bonus was available for claim. The minimum deposit in order to unlock it was said to be at least €50, which is definitely a lot. Let us explain – the usual amounts for the market are around €20 or maximum €30 and any entry point higher than that will hardly be in your interests, especially when it comes to a first deposit bonus. There are rare examples where the higher qualifying investment may be worth it if it comes with an excessive amount of cash bonus, but this is not the case here. As for the rest of the offers, the entry point is not specified, but there’s a great chance for it to be the same, so be on guard just in case.
Apart from that, we also don’t know the duration of these bonuses. Usually most of the houses leave you from a couple of days to a week, or maximum a month in order to use your reward and complete the wagers. Failure to meet the deadlines, usually results in your bonus and accumulated earnings being voided. Keep this in mind as you can eventually stumble across some quite tight timelines.
In addition to that, the only thing we managed to find in the Terms and Conditions is that the maximum bet amount to wager the bonus is €2.
Now, let’s see the exact welcome bonuses in details:
- The First Deposit Bonus comes with 250% up to €250. The multiplier surely sounds mind-blowing, but the maximum cash reward is too modest, so things seem pretty even at this point.
- The Second Deposit Bonus can grant you a 150% top-up with a maximum prize up to €2500.
- Your Third deposit with this casino is said to come with a 50% bonus up to the whooping €4500.
- The Fourth Deposit Bonus features a 100% boost up to €2000.
- The Fifth Deposit Bonus can grant you a 100% reward up to €3000.
Next you have three regular Weekly offers, available on a specific day of the week only. Again, not much information is disclosed – we don’t know the qualifying deposits, nor the duration of these promotions. What we know however is that in order to make any withdrawals, you need to make at least 45 turnovers of your deposit and bonus. As we explained already, the usual amounts don’t usually exceed x40 wagers, so the conditions here seem slightly exaggerated and not particularly favorable. Here are the promotions themselves:
- The Monday Reload is an offer available only at the start of the week, as the name implies. It can grant you a 100% bonus up to €500, which sounds like a decent reward in general.
- The Wednesday Madness features a 125% bonus up to €500 as well.
- The Finally Friday offer comes with a 200% up to €500, which definitely seems like a great way to start your weekend with a boost.
And finally, before opening an account with this casino the player is assured to have a nice bonus package plus a 10% cash-back. After we registered however no such thing was to be found, so we can’t guarantee if you can actually benefit from any refund. In addition, no bonus conditions were disclosed.
License
SpinTime Casino claims to be owned and operated by GROUP GAEM B.V., a company registered under the laws of Curacao. The latter is also said to be regulated in Curacao, even though it’s not mentioned by which of the four Master License holders. To be precise, there are four companies authorized by the Government of Curacao – Antillephone N.V., Curacao Gaming Services Provider N.V., Curacao E-Gaming N.V. and Curacao Interactive Licensing N.V., which are obligated to report directly to the Curacao Gaming Control Board (CGCB).
Another thing that seemed quite worrisome to us, is the absence of any dynamic seal that can prove these statements. To be precise, every Curacao licensed enterprise must post a digital seal looking like the regulator’s logo – clicking on it leads to the legit document itself. In this case however there’s no such thing, so we just can’t take this casino’s words for granted.
You surely understand how dangerous and risky it is to deal with an unregulated and shady e-gaming company. Not only that you put your personal data at risk, but you also can’t be sure if the services provided are fair and up to standards. For this reason we always recommend choosing a reputable and licensed enterprise with a proven reputation. Here are some of the most popular regulatory hubs around the world and some of the benefits of gambling with an authorized casino:
First of all, it is best to look for an online gambling house that is regulated by prominent jurisdictions like Curacao, The Malta Gaming Authority (MGA), or the UK Gambling Commission (UKGC) for instance. As a matter of fact MGA and UKGC are known for their tough rules and strict supervision, so they are probably the most reliable ones. Furthermore, it’s actually not that easy to be granted a license by any of them, exactly because of the harsh rules and requirements towards the enterprises. Curacao on the other hand is also a trustworthy option which comes with reasonable client protection. It’s not as strict as the previously mentioned options, but you can still benefit from similar perks. And mainly because of the lower regulatory taxes, the houses can offer more generous promotions and rewards, which is always welcome. Now, let’s see just some of the advantageous of dealing with a regulated e-gaming company:
- As a beginning, your personal data is well protected by advanced encryption technology. Moreover many anti-fraud measures must also be used in order to prevent money laundering or identity theft.
- Next, all games must be certified and provably fair. This means that no manipulation is actually possible, just because random number generators (RNGs) make sure that the outcome of each game is 100% fair and unbiased. The same cannot be said about unregulated houses, so here’s one more reason to steer clear from such enterprises.
- Licensed casinos are obligated to provide all players with reasonable gambling tools which include deposit limits, session limits, and self-execution options. Problem gambling must also be detected and prevented on time.
- Furthermore, all users must be able to benefit from reliable payment methods. This means that you should be able to easily fund your account or make withdrawals with no trouble. The requirements also feature smooth and fast transactions and up-to-date payment systems.
- And finally, professional customer support services must be at your disposal. In this case there’s a live chat, but no email support or FAQs seem to be available.
The page is accessible in several different languages, which is definitely a good addition. Have a look:
Languages: Dutch, English, Finnish, French, German, Italian, Norwegian, Polish, Spanish
Still, beware that residents of specific countries are not allowed to gamble here, so better check out the following list beforehand:
Restricted countries: Netherlands, Poland, United Kingdom, Show All, Afghanistan, Andorra, Armenia, Azerbaijan, Belarus, Belize, Bolivia, Cayman Islands, China, Cyprus, France, Iraq, Italy, Jersey, Kazakhstan, Lebanon, Liechtenstein, Mexico, Montenegro, Puerto Rico, Russian Federation, San Marino, Spain, Syria, Taiwan, Turkey, Ukraine, United Arab Emirates, United States, Vietnam
Deposit and Withdrawal
Currencies: Euro (EUR)
The payment methods this casino accepts are quite narrow in general. But when you realize that you can use only one option in order to make deposits things seem even more messed up. On top of that, some of the withdrawal conditions are rather unfavorable, so we are not impressed with the banking options by any means. Being restricted to make deposits with cryptocurrencies only comes with its own set of worrisome facts, so we strongly suggest reading the following lines before making an investment here:
Deposit method | Minimum | Maximum | Processing time | Fee |
Crypto | €25 | €50000 | Instant | Free |
As you see, in order to add funds to your account you can use only cryptocurrencies and nothing more. The limited alternatives are definitely off putting since most houses tend to provide a much wider range of payment methods like credit/debit cards, or popular online payment solutions like Mifinity, Astropay, or Jeton to name a few. In this case, you can count on crypto coins like Bitcoin, Ethereum, Tether, and Litecoin, but that’s it. So if you are not a big crypto fan you better skip this casino. Unfortunately, this is not the only reason to say that. Crypto transactions are known to be absolutely anonymous and irreversible, which means that once the payment is complete you can’t do anything to get it back. This makes using cryptocurrencies with unreliable websites to be quite risky and tricky, for obvious reasons. In comparison, with credit/debit cards you can always turn to the bank which issued your card and file for a chargeback in 540 days. With popular e-wallets you can also open a dispute and try to restore your funds. In this case, however this is not possible, that’s why we always recommend using crypto coins with truly authorized and reliable enterprises. Still, let’s see some further details – the minimum deposit here is said to be €25 which is a standard for the market, as we explained already. All transactions are said to be instant and free of charge as well.
And here are the withdrawal options:
Withdrawal method | Minimum | Maximum | Processing time | Fee |
Crypto | €50 | €1000 | up to 36 hours | Unspecified |
Bank | €100 | €1000 | up to 36 hours | Unspecified |
Skrill | €50 | €1000 | up to 36 hours | Unspecified |
Neteller | €50 | €1000 | up to 36 hours | Unspecified |
Jeton | €50 | €1000 | up to 36 hours | Unspecified |
In order to cash-out your funds, the player can use crypto transactions, as well as bank transfers, Skrill, Neteller, and Jeton. The range surely seems slightly better, but not excellent of course. The minimum withdrawal amount for most of the options is said to be at least €50, with bank transfers being the only exception requiring at least €100. Both of the amounts are too excessive and can’t be called advantageous by any means. What most of the houses tend to ask for is around €10 or €20 and only a few of them go higher than that by asking up to €50 but only for some of the payment methods. In this case, there’s no option that requires less than €50, so we don’t consider the range to be in your interest.
As for the maximum withdrawal amounts, they are said to be up to €1000 per day, up to €2500 per week, and up to €10000 per month.
In order to make any withdrawals you need to meet the rollover requirement of x1. This means that you have to make at least 1 turnover of your deposit before being eligible to perform any payouts. The whole policy is absolutely standard for the sector and mostly aims to prevent money laundering or other kinds of deceit. Otherwise the casino has the right to hold a commission in the rate of its expenses (20% of the withdrawal amount) in order to withdraw funds that were not involved in the game.
The Inactive Account policy also seems standard and quite typical for the sector. To be precise, any account that has not been used or entered for 6 consecutive months shall be considered inactive and a monthly administrative fee of €5 shall be charged. Most of the houses leave you between 6 and 12 consecutive months and charge a similar fee, so the whole requirements seems to fit the bill perfectly. You can read some further details down below:
Games and game suppliers
As we mentioned at the very beginning, this casino doesn’t seem to offer any gaming library at all. As a matter of fact, once you land on its page and make an attempt to enter the Casino, Live casino, or Sports sections, you’ll receive a message that you have to register first in order to get access to the gaming lobby. This sounds quite suspicious in the first place, doesn’t it? No reputable casino would require you to open an account in order to see such basic yet important information. You know, every player is probably mainly interested in the games provided and how broad the software developers’ list is. Hiding such details doesn’t speak well about this casino’s honest intentions if you ask us.
So after we opened an account here we were quite shocked to discover that there’s nothing there – in fact the message that appeared was saying that the page is currently unavailable. We don’t know the reason for this inconvenience – if it’s some sort of error or an intentional malfunction, but one is for sure – you can’t gamble here at all! At least at the time of writing, no casino games are to be found, nor any live casino activities or Sports betting events.
For this reason we also don’t know with which or how many game suppliers this casino might collaborate. Usually most of the reputable enterprises partner with around 80 if not 100 software developer, the most prominent of which happen to be Pragmatic Play, Wazdan, Yggdrasil, NetEnt, Evolution, Play’n Go, Playson, BGaming, or Microgaming to name a few.
Conclusion
So, overall, we definitely don’t recommend opening an account here. This casino has a questionable regulation, as we pointed out already, since it just wasn’t able to prove in any way. On top of that the dysfunctional gaming lobby definitely bothered us a lot, since you never know if this is some kind of temporary mistake or just a straight-up fraud. And if we add the limited range of payment methods, especially for making deposits, things don’t seem very good. It’s true that the promotions are generous enough to allure the potential player, but this could be the exact point – to attract you into opening an account here before realizing that this casino might not be your best pick – just the opposite. For this reason we suggest staying safe and choosing a truly regulated online gambling house.