Telos Casino
Table of contents
Telos Casino is one of the most disappointing e-gaming companies we have stumbled upon. It has a lot of red flags, but besides them, cannot provide you with a pleasant gaming time. For instance, it concerns us greatly that it does not even mention regulation on its website, nor does it have any Terms and Conditions available. This means there is just no way to know what the policies regarding deposits and withdrawals are, but also that the firm can be engaging in some pretty terrible behavior.
And even if we were to somehow ignore this massive issue, Telos Casino does not offer bonuses at all. It does not have a lot of games either, and so, why would anyone waste their time with the casino? In fact, it does not seem capable to do anything right. Here is a full in-depth review, which will answer why the house is such a bad place to gamble.
Bonuses
First off, one of the most disappointing aspects of the casino is the lack of bonuses. There are tons of companies which provide their players with many interesting promotions. That way, you can get more for your money, via generous deposit bonuses which can double or triple what you put in. Other casinos have promotions that don't even need you to deposit – they give you something for nothing. But even if you pay Telos Casino, it will not give you a single cent! That is unacceptable, and just puts it very far behind its competition. Especially since it does not have anything to offer in any other aspect of its services, as we will now make clear:
License
Telos Casino does not even mention who operates the website, or from where. This means it cannot be operating from a strictly licensed jurisdiction like Malta, which requires casinos to be very transparent with their players. So the only place where the company could be registered is some offshore destination. There are many offshore casinos out there, and they are not really attractive places to bet, if they are not licensed. Countries like Curacao are overseas destinations that regulate their e-gaming sphere and protect players. But Telos Casino is not operating from there either.
This means there will not be any protections that are available to you if you decide to play in this casino. Some of the policies that regulated houses are required to comply with dictate the way their games should be made. There are requirements for the random number generators they use. These cannot be fixed to be used against the player, ensuring the house has an unfair advantage over them. Not to mention the fact that there are sometimes way more concerning things that unlicensed casinos can be doing. For instance, they could be engaging in dangerous and criminal activities. They could be facilitating money laundering, they could be financing terrorism, or participating in identity theft. Thirdly, there is no responsible gambling policies these companies need to comply with. This means they can be enabling problematic gamblers, which is something legitimate houses have rules in place to prevent. Overall, the lack of regulation over this casino is a very huge red flag, and it means it needs to be avoided.
Languages: Chinese, English, Japanese, Vietnamese
Restricted countries: United States
Deposit and Withdrawal
The only deposit method with this company is crypto. More specifically, it only accepts the Telos Token:
Deposit method | Minimum | Maximum | Processing time | Fee |
Crypto | Unspecified | Unspecified | up to 24 hours | Free |
Withdrawal method | Minimum | Maximum | Processing time | Fee |
Crypto | Unspecified | $10000 | Unspecified | Free |
Currencies: US Dollar (USD)
Let's step back and compare that to other houses, which are legitimate. First off, they have way more types of deposit methods available. They usually take credit cards as well as e-wallets and e-vouchers. Some of them also accept wire transfers. Of course, accepting crypto is very common too. This brings us to our next point. The ones which take digital assets usually accept the bigger and more popular tokens, like BTC and ETH. But they certainly don't limit their client to just one kind of cryptoasset they can deposit with!
Also, as you can see above, there is basically no information on the features of this single deposit method that is accepted by the casino. That is because Telos Casino is actually terribly lacking in transparency. When you sign up with the company, you are required to accept the Terms and Conditions it has for the use of its website. However, it does not provide you with a link to the said Terms. It just refreshes the page if you attempt to access the legal documents. This means there is no way to know its minimum deposit, the withdrawal requirements and minimums, and the processing times.
In general, deposits should have a minimum of around $20, as that is what most casinos demand of their new players. Withdrawals should have a similar requirement. Cashing in should not take more than 24 hours. The rates at which you can cash out, on the other hand, can be a bit more varied. Nevertheless, you should not have to wait more than three days.
Another troubling aspect of the lack of clear documentation about the payments policy of the casino is the fact we cannot know what fees it charges, if any. In general, withdrawal or deposit fees are not common at all these days. However, you would be required to clear a certain wagering requirement with your bonus if you are looking to cash out. That should be between 1x and 3x. If you don't do so, there can be a fee, usually between 10% and 20% of your withdrawal request. Anything over that would be excessive.
Games and Game Suppliers
Another lackluster feature of this casino is just how little it has to offer in terms of games. It has partnered with 14 suppliers in total, which we will now list for you:
Game providers: Evolution, PragmaticPlay, BGaming, Habanero, Betsoft, Belatra, ISoftBet, Microgaming, Play'n GO, Mascot, Yggdrasil, Red Tiger Gaming, Quickspin, Playtech, Platipus
But that is hardly enough. It is not uncommon for the bigger licensed casinos to have tens to hundreds of game developers they feature. This results in Telos Casino offering a lackluster library of games, which are a bit over 2000 in total.
As far as these games are concerned, they are divided in several categories. First, there are Slots. They number 1861 and make for the largest part of the titles that Telos Casino has. This is almost an acceptable amount. Furthermore, there are some pretty recognizable games here too, like , Sugar Rush, Sweet Bonanza, Mustang Gold, The Dog House, Domnitor's Treasure, Halloween Bonanza, Towering Fortunes and many others. Of course, playing them with a better casino is also a better idea.
Next, the house has a category called Casual Games. It includes things Plinko, Rocket Dice, Minesweeper, Troll Dice, and other arcade games. It contains 12 titles in total. There is a section dedicated to Roulettes, with 36 variations available. Game Shows are also available, in a separate section. These include Crazy Time, Monopoly: Big Baller, Dream Catcher, with 19 of these shows in total. Finally, some table games are available in the Card Games section. There were only various Blackjack tables though, and only 16 on them. Fans of other table games can find them in the Live games section, which has 89 live tables for fans of Baccarat, Poker, and Blackjack.
We should also mention the fact that Sports betting is also available with this casino. Its Sportsbook includes big events from Football, Cricket, Tennis, Basketball tournaments, and so on. There is an eGaming section, which lets you bet on Rocket league, CounterStrike, Valorant, League of legends games. Some of these can be bet on live too – the sports and eGaming events we mentioned. However, there is not much else to the sports betting section of this casino, which means it does not have a lot of variety here either.
Conclusion
To sum everything up, there is simply no reason to deposit with this casino. That is because you won't be getting anything for your money. There are no bonuses, and even if you don't want them, there is not enough variation on what you can bet on. Furthermore, the payment policies of the casino are shady and its lack of regulation is concerning. Best check out a different, safer house, and stay away from Telos Casino!