Velobet Casino Review 2023 | Join and Get $1,000
Velobet casino is a newly-established online gambling site accepting both fiat and crypto. It promises to offer endless entertainment backed up by thousands of casino games and a potentially very rewarding welcome bonus. Check it out yourself!
But, as a newcomer in the business, it also has flaws that are good to know about before signing up.
In this in-depth Velobet casino review, I’ll highlight all of the good and the bad aspects that mark this casino, to help you decide if it’s the right pick for you. Read on to learn everything you should know about Velobet!
Why Play at Velobet Online Casino?
Like all online gambling sites, Velobet online casino has its strong points and drawbacks. If you’re looking for quick info on the key features that mark Velobet, here’s a brief overview of its biggest pros and cons:
- Respectable choice of cryptocurrency payment methods
- Thousands of games from trusted providers
- Different welcome bonuses for crypto and fiat currencies
- Intuitive and streamlined mobile casino
- Includes a sportsbook with exclusive bonuses
- No perks for VIPs and loyal players
- Support is often not very helpful
Velobet has prepared an interesting lineup of casino bonuses for both its new and regular members. Here’s an overview of all of the Velobet bonuses you can find in the casino’s promotional section:
Welcome Bonus for New Players
Velobet has prepared a flexible welcome deposit offer that provides differently valued deposit match bonuses based on how much money you deposit into your account on your first transaction.
More specifically, you can choose one of two scenarios, and pick one that better suits the size of your bankroll.
If you deposit between $20 and $500, you will be awarded a bonus worth 150% of your deposit. For example, if you deposit a maximum amount of $500, you will get an additional $750 in bonus money.
The second variation of Velobet’s welcome bonus is aimed at players who want to deposit a more substantial amount. It covers deposits between $500 and $1,000 and rewards players with a 100% deposit match.
Lastly, there’s a separate deposit match bonus for players who deposit using cryptocurrencies. This is arguably the most rewarding bonus at face value, as it offers a 160% deposit match worth up to $1,000.
With this in mind, let’s look at the wagering requirements and important considerations when claiming Velobet’s welcome offer.
Wagering Requirements & Bonus Terms
The minimum required deposit to trigger Velober’s welcome bonus is $20. You can only claim this offer on your first deposit and can only do so once.
After your first deposit, the bonus funds will be automatically added to your account. However, it’s important to remember that you’ll have to activate it in your profile’s bonus section before playing.
The wagering requirements are in line with the industry standard, as Velobet requires you to wager both the casino deposit and the bonus 30x before you can turn the bonus into real money.
If you claim the crypto welcome bonus, you’ll have to wager the deposit and bonus at least 35x, which is a more unfavorable requirement compared to what most casinos set.
Velobet’s welcome bonuses are only applicable to slot games. Moreover, a dozen or so slot games aren’t included in the bonus.
When it comes to the wagering process, the maximum amount you can bet using the bonus money is $5. Bets larger than this amount won’t contribute to the wagering.
It’s also good to know that Velobet’s bonus terms and conditions don’t mention any maximum win limits. This is great to see, as no online gambling sites worth playing at will limit how much you can win from playing with bonus money.
Once you activate the bonus, you’ll have to clear the wagering requirements within 30 days. This is a pretty reasonable time limit that you’ll find at most online casinos.
Velobet Bonus Codes 2023
As of writing this Velobet review, the casino doesn’t have any offers that would require inputting bonus codes.
That said, the site clearly leaves this option open for future promotions as there is a promo code section that lets you type in Velobet bonus codes and Velobet free spins promo codes.
When accessing their platform on desktop devices, you’ll find that Velobet features a VIP section at the bottom of every page. However, this doesn’t lead you anywhere.
After reaching out to support, their staff member confirmed that the casino currently doesn’t have a loyalty program at the moment.
Furthermore, on inquiries about when the casino will introduce this offer and how to become a member, I received vague information that wasn’t very encouraging.
Considering that, if you want a casino with a strong loyalty program for the long run, I wouldn’t recommend placing chips on Velobet to deliver.
Promotions & Offers
In addition to its pretty solid welcome bonus, Velobet has several promotions lined up for players who want to continue playing at the casino after claiming the initial offer, which is a strategy employed by many of the best online casinos.
The most interesting one is the combined offer that you can claim when making your second and third deposits.
On your second deposit, you can claim a 100% deposit match bonus worth up to $500. On your third deposit, you can also get up to $500 in bonus money, only this time through an 80% deposit match bonus.
Both of these bonuses have a $20 minimum deposit limit. As is the case with the welcome offer, you need to activate these bonuses manually in your account by going to the bonus tab.
The two bonuses have identical wagering conditions. To clear the bonus, you must wager the deposit and bonus 30x. You have 30 days to do so. These bonuses can’t be used in the sportsbook, as Velobet sports bettors can enjoy different deals.
Additionally, Velobet casino offers a 10% cashback on all cryptocurrency deposits. There’s no limit on how much money you can get back as long as it represents 10% of your total losses.
The cashback comes without any wagering requirements, and you can withdraw it instantly.
Online Casino Games
Velobet operates globally, so the overall selection of games in your version of its library will vary based on your region.
That said, in most regions that I tested with a VPN, Velobet offers around 6,000 titles. Here are just some of the games you can try out at Velobet:
- Online slots
- Online roulette
- Online blackjack
- Online baccarat
- Live casino games
Out of the 6,000 games Velobet casino features in its library, video slots make up the overwhelming majority with over 5,100 titles. In addition to offering such a massive selection of online slots, Velobet does an excellent job of keeping everything fairly streamlined.
You can browse slots using several quick filters. For example, you can filter out classic slots, jackpot slots, or games that offer the Bonus Buy feature.
You can also go to the Popular Slots tab to see the trending games. Additionally, the intuitive search bar makes it easy to quickly look up specific slot games.
Velobet features games from nearly 90 providers. So, depending on your region, you might find titles from different companies. That said, some of the biggest names whose slots you can find on Velobet include NetEnt, Pragmatic Play, BetSoft, and Microgaming.
Velobet offers a good selection of jackpot games, providing you with nearly 200 unique titles to choose from. However, while the quantity is there, the quality aspect leaves a bit to be desired.
There aren’t many flagship jackpot slots, and the absence of big-name progressive titles will be apparent for experienced players looking for that kind of action.
Like its slot game section, Velobet’s live casino features some of the best names in the business. It’s powered by providers like Evolution, Pragmatic Play, Ezugi, and others. There are over 170 games in the live casino library.
Roulette, baccarat, and blackjack are the best-represented games, with around 40 games each. You can also find over half a dozen Casino Hold’em games.
Apart from its casino platform, Velobet also features a fully-fledged online sportsbook. You can bet on dozens of sports in the platform's convenient betting slip.
Speaking of the bet slip, it enables you to expediently place single and multiple bets, as well as system bets. Additionally, you can bet on virtual sports and a selection of Esports titles.
With around 20 bingo games in its library, Velobet trumps what most average online casinos have to offer in this regard. This variety delivers a good choice of different themes, enough to keep every player entertained for quite a while.
How to Join Velobet
Signing up with Velobet is simple and quick. That said, to ensure this process goes smoothly, I’ve prepared a step-by-step guide, so just follow these steps to open your account:
- Click on the “Sign Up” bottom in the top right.
- Fill in the required registration details and click “Finish”.
- Once you’ve registered, make a deposit and claim the bonus.
- Activate the bonus in your account and start playing!
If you prefer playing your favorite casino games on the go, you’ll be happy to hear that the Velobet mobile casino is available on both Android and iOS devices.
The streamlined offers a more simplistic design, with most key features placed in a menu instead of cluttering your mobile screen.
At the time of writing this review, there isn’t a Velobet app available, neither for Android nor iOS devices.
Still, this isn’t an issue, as the mobile casino is well-optimized and operates smoothly from all major mobile browsers.
Payment Methods at Velobet
Velobet offers plenty of options for your deposit and withdrawal needs. It supports six fiat currencies: the US dollar, the British pound, the Euro, the Canadian dollar, the Australian dollar, and the Brazilian real.
While the exact payment methods will vary based on your location, here are some of the most popular choices:
The casino sets a $10 minimum deposit limit for all payment methods using fiat currencies. If you’re depositing in any of the supported cryptocurrencies, there’s no minimum limit.
Velobet casino processes most deposits instantly. Additionally, it doesn’t charge transaction fees on any of its listed deposit methods.
Velobet’s minimum withdrawal limit is the same as for deposits and is set at $10 for fiat payment methods. There are no transaction fees for withdrawals.
The transaction time depends on the method you use. If you withdraw in crypto, the withdrawals are instant. For traditional withdrawals, the process might last up to three days.
Safety and Security
Velobet offers a secure gambling platform by implementing the latest encryption technology to protect the player’s personal info and funds. Here’s a more in-depth overview of other essential safety aspects:
Licensed by Curacao
Velobet casino is licensed by the Government of Curacao. This license is a common sight among new online casinos and sites that offer their gambling content to players worldwide. It’s a solid license with a long track record.
That said, a Curacao license is not nearly as reputable or trusted as a license from a strong authority like the UK Gambling Commission or the Malta Gambling Authority.
Fair Play with Certified RNG
Velobet has a dedicated Fairness and RNG Testing Methods page where it explains how the games are tested and how the casino is committed to offering only RNG games. According to the casino, this provable fairness protects all results from any manipulation.
However, Velobet doesn’t possess any certification to prove this. For this reason, it’s impossible to entirely verify the casino’s statement and play with complete peace of mind.
Velobet’s Responsible Gaming section offers all of the standard tools players need in order to effectively cope with problematic gambling habits.
The casino features a brief questionnaire and recommendations of notable anti-gambling addiction organizations.
For players who want a more hands-on approach, Velobet offers adjustable account limits. Players can also request a temporary closure of their accounts or self-exclude themselves from the casino for a period of between six months and five years.
Verify Your Player Account
Velobet offers pretty extensive reading material in regard to its KYC policy. Moreover, the account verification process is neatly divided into four steps you can confirm separately at your leisure.
In your Account Menu, the Account Verification section offers you separate tabs for submitting proof of identity, proof of credit card, proof of address, and email verification.
Of course, you can deposit without completing these steps. But, you will have to do so eventually, as Velobet maintains a high standard of KYC procedures compared to most new online casinos.
Velobet’s customer is available around the clock. This is very good to see as it instills confidence in players that they can always count on prompt help when necessary. You have two main channels for contacting Velobet’s support staff, email and live chat.
However, while the support’s working hours are commendable, the quality of the service is often questionable. I’ve communicated with a number of agents over several days, and my experience was mixed.
In fact, most of the time the agents provided short and generic answers and weren’t very helpful in answering more specific questions.
The FAQ section is also lackluster. To be more specific, there are only two questions covered, which is simply not enough.
This might be due to the fact that the casino is still relatively fresh, but it’s something that undoubtedly needs to change in the future.
Velobet Casino – What Countries Does It Operate In?
Velobet doesn’t use any geo-blocking software to restrict players from any region from signing up. During my tests, I managed to sign up from the US and the UK while connected to a VPN.
Of course, while you can sign up with Velobet, it’s also important to consider the legality of this action in your country.
After reaching out to the casino, I got this response:
“We accept Players only from those countries and geographic regions where online gambling is allowed by law. It is the Player’s sole responsibility to inquire about the existing gambling laws and regulations of the given jurisdiction before placing bets on the Website”.
Fortunately, the casino does include a lengthy list of prohibited countries and territories on its Terms and Conditions page where you can look up your countr.
With that in mind, some major markets where Velobet is unavailable include the US, the UK, Spain, and France.
Conclusion of Velobet Casino Review 2023
After this in-depth Velobet casino review, I’ve found that it’s a promising young casino with a lot to offer. It has a huge casino game database and offers plenty of fiat and cryptocurrency payment options.
It’s also a pretty good all-in-one pick for gamblers who like to dabble in sports betting.
However, it’s not without its flaws. The casino doesn’t have any RNG certificates or a particularly reputable license.
The customer support service is often not very helpful. Plus, there’s no loyalty program for players who are thinking of committing to the site long-term.
All considered, is Velobet casino the right pick for you? If so, don’t hesitate to sign up today and claim the rewarding welcome bonus! Alternatively, I recommend checking out some of our other online casino reviews.