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Velobet Casino Review

Launched in 2023, Velobet is a mediocre casino site that we struggle to find reasons to play at.

Its main downside is a lack of promotional offers as almost no casino bonuses are available. You’re pretty much limited to a 10% – 15% monthly cashback up to $/€/£500 and free spins that are credited only at the sole discretion of the casino.

The game selection is decent with slots and live dealer games from many top providers being available. However, it is let down by a lack of crash games and only a few progressive jackpot slots.

As a high roller, weekly and monthly withdrawal limits of $/€/£7,500 and $/€/£15,000, and a maximum win limit on each game round may be a huge drawback.

Withdrawal times may also be a bit long at times as no withdrawal requests are processed by the casino during weekends.

All in all, Velobet is not a terrible casino. It is just mediocre. You may find it pleasing and if you do, that’s great!

However, after reviewing hundreds of online casinos, we know that there are plenty of options out there that are miles better.

Quick Facts

Overview of Velobet Casino
Welcome BonusUp to $/€/£2,000 + 70 free spins
Bonus Wagering30x (bonus + deposit)
Casino Games5,500
Types of GamesSlot machines, live casino games, jackpot games, video poker, scratchcards, video bingo, virtual sports, sports betting
Payment MethodsApple Pay, Bank Transfer, Bitcoin, Ethereum, Google Pay, Interac, Jeton, Mastercard, USDT (+8 more)
Withdrawal TimesWithin 3 bank days
SupportE-mail, Chat, 24/7
Mobile AppNone
Established2023
OwnerSanteda International B.V.
LicenseAnjouan Gaming
A brief overview of Velobet Casino

World Wide Gambler’s Score

Reputation & Trust★★★★☆
Game Selection★★★☆☆
Bonus Value★★☆☆☆
Customer Support★★★★☆
Velobet Casino’s score for Reputation, Games, Bonuses, and Support

Pros and Cons

PositivesNegatives
Decent selection of slot machines Weekly withdrawal limit of $/€/£7,500
Great live casino experience Monthly withdrawal limit of $/€/£15,000
10% – 15% monthly cashback Few promotional offers and bonuses
Decent customer support Some games are restricted in the UK
No crash games to play
Poor selection of progressive jackpot games
Might need a passport for KYC
Win limit of $/€/£200,000 per spin
Pros and Cons of Velobet Casino

Important Note

During the verification process at Velobet, you may not be able to verify your ID with any other document than a passport. This is super important to be aware about as if you can’t pass verification, you won’t get paid.

Additionally, we want to highlight the win limit of $/€/£200,000 per spin. While this is a seemingly high limit, some games can pay up to 300,000 times the amount you bet.

If you bet $/€/£20 per game round, you could only win a maximum of 10,000 times your bet. Any amount above that would be ceased by Velobet as per the casino’s terms and conditions.

Welcome Bonus

Velobet offers all new players a bonus on their three first deposits, with up to $/€/£2,000 and 70 free spins being claimable.

On the first deposit, you can either get a 150% match or a 100% match on your deposited amount, depending on how much you deposit.

Additionally, the first deposit also comes with 70 free spins.

Find all the important details below!

First Deposit Bonus
Alternative 1150% up to $/€/£500
Alternative 2100% up to $/€/£1,000
Free spins70
Type of BonusSticky
Wagering Requirement30x (bonus + deposit)
Time Limit for Wagering30 days
Max CashoutMatch bonus: unlimited
Free spins: $/€/£300
Minimum DepositAlternative 1: $/€/£20
Alternative 2: $/€/£500
Bonus CodeN/A
Velobet Casino’s first deposit bonus
Second Deposit Bonus
Match %100%
Max Bonus$/€/£500
Velobet Casino’s second deposit bonus
Third Deposit Bonus
Match %80%
Max Bonus$/€/£500
Velobet Casino’s third deposit bonus

Note

All bonus rules that apply to Velobet’s first deposit bonus also apply to the second and third.

Wagering Contributions
Video Slots100%
Scratchcards100%
Video Bingo100%
Table Games100%
Video Poker100%
Live Casino Games0%
Virtual Sports0%
Standard wagering contributions at Velobet Casino

Other Bonuses

Velobet offers almost no promotional offers to casino players which is highly disappointing.

As of writing and updating this review, there is only one bonus available.

This is a 10% monthly cashback for cryptocurrency users up to $/€/£500.

This cashback is very similar to the loyalty rewards at the casino, with one exception – it has no wagering requirement.

To receive the cashback, you must contact support within 5 days of every new month.

Loyalty Rewards

Velobet offers two types of loyalty rewards:

  • Monthly cashback of 10% – 15% up to $/€/£500
  • Free spins at the discretion of the casino

None of these rewards are credited to accounts automatically, but to receive them, you have to contact customer support.

Free Spins

There is no guarantee to receive loyalty free spins, but this is only given to players that the casino deems worthy.

Any free spins received have a maximum cashout of $/€/£300. However, no wagering requirement applies.

Cashback

With a minimum net loss of $/€/£200 in a month, you are eligible for a 10% – 15% cashback.

Which % you receive is up for Velobet to decide. It is based on your activity at the casino.

The received cashback bonus must be wagered 45 times before being cashed out.

Once wagered, the amount you’re left with also has a maximum cashout limit of 5 times the received cashback.

Reputation

The below reputation scores represent what players on various platforms think of Velobet.

SourceScore
Trustpilot3.6 / 5
Askgamblers9.3 / 10
Casino Guru7.2 / 10
Player reputation scores of Velobet

What people are saying about Velobet Casino…

“Genuinely can’t fault them. It’s always a bit nerve-wracking joining a newer casino but I’ve found everything to be as it appears. The verification process was simple, and any interaction I had with support staff was straightforward.

I like slots and you often get free spins with a max cash out of 300 pounds. When I have been lucky enough to win, the payouts have been quick. Sometimes within 24 hours via bank transfer and always within a few days.

I wouldn’t hesitate to recommend them, trustworthy and loads of good games, slots and sports betting options” – Will Dennis, Trustpilot

“I have signed up to many casinos and Velobet as far as I’m concerned is certainly one of the best. Extremely quick and efficient when dealing with account verification and even quicker when dealing with withdrawals. Most casinos drag it out forever!! Not at Velobet. I am very impressed.

They also have reasonable bonuses with reasonable wagering. In my opinion, they are trying hard to become a trusted legitimate casino. I would certainly recommend this casino as I have come across so many poor ones with terrible customer service that are happy to take your money but as soon as it’s payout time, all the excuses arise.

Not much negative to say. One thing is restricted games for UK players but there’s still enough choice of decent slots. I guess bonuses could be a bit more generous, with a larger %.” – Leester, Askgamblers

“Don’t understand why people are so happy with Velobet! I have registered and taken a bonus. At the same time, I sent exactly the same document that other casinos approved in 10 minutes and Velobet has not reviewed it in 48 hours.

Now misery begins. I want to withdraw the money I won but it is not so easy! ALL my documents are REJECTED, even the electricity bill which is 10 days old! No e-mails and chat help is useless as they say it’s another department that works on verification!” – BorisO, Casino Guru

“Don’t use them. I told them I have a gambling habit and to close my account which they did but then they let me set up a new one. They verified the same ID and let me spend everything and refused to refund me. And even now I can sign up again! They ruin lives and should be banned.” – Sw, Trustpilot

Note

Going through the player reviews of Velobet we noticed two things:

  1. Many positive reviews are obviously fake (paid for)
  2. The casino does not reply to any of the negative reviews

Game Selection

Game TypeAvailability
Slot Machines 5,000+
Table Games Yes
Live Casino Games 6 platforms (Evolution, Pragmatic, Ezugi, 7Mojos, Lucky Streak, XPG)
Crash Games No
Jackpot Games Yes
Video Poker 1
Scratchcards 35+
Video Bingo 20+
Virtual Sports 15+
Sports Betting Yes
Velobet Casino’s game selection

The game selection at Velobet is decent and might be satisfying enough for many players. However, when compared to casino sites such as Playio or Slotvibe, it is nowhere near as extensive.

Its main downside is a lack of crash games as you won’t find the popular Aviator or any other title within the niche. However, it also falls short on video poker as only a single jacks or better game is available.

Additionally, its jackpot category mentions over 170 games, but this is not true at all as most of the games in it are fixed jackpots. This is a problem that many casino sites have.

Velobet does offer some progressive jackpot games by EGT which is fine. However, it does not have any daily jackpot games by Red Tiger Gaming or any jackpot games on the Mega Moolah, Dream Drop, or Wowpot network. In other words, the selection is very limited.

Slots

Velobet offers slots from 87 different game developers which is considered a wide range.

On the site, you will find top-quality slots from many of the highest-rated developers in the industry such as:

  • Big Time Gaming
  • ELK Studios
  • Hacksaw Gaming
  • Microgaming
  • NetEnt
  • Nolimit City
  • Play’n GO
  • Push Gaming
  • Red Tiger Gaming
  • Relax Gaming
  • Thunderkick
  • Yggdrasil

As slot enthusiasts, the only developers we are missing slots from at Velobet are Quickspin and Blueprint Gaming.

However, all in all, the selection is very satisfying.

There are not a lot of categories to find slots by though as this is limited to:

  • Bonus buy slots
  • Jackpot slots
  • Classic slots
  • Popular slots
  • Slots by provider

It would have been great to see more filtering options, such as new slots, megaways slots, and slots by different features and themes.

Live Casino

The live casino experience at Velobet is the best thing about the casino. Six platforms for live games are available and these include Evolution Gaming’s and Pragmatic Play’s which we consider to be two of the best ones.

These platforms alone provide a ton of games such as classic table games, classics with innovative twists, action-packed money wheels, unique game shows, and more.

On the downside, no live dealer games by Playtech are available which we also consider to be one of the best platforms. You will also not find any live lottery games should you be a fan of playing the lottery.

All in all, though, the selection is great. It includes, but is not limited to the following games:

Roulette GamesBlackjack Games
Classic RouletteClassic Blackjack
Lightning RouletteLightning Blackjack
Lucky 6 RoulettePower Blackjack
Power Up RouletteONE Blackjack
Baccarat GamesOther Games
Classic BaccaratCraps
Mega BaccaratLightning Dice
Lightning BaccaratVideo Poker Live
Money WheelsGame Shows
Funky TimeMonopoly Big Baller
Crazy TimeCash or Crash
Treasure IslandDeal or no Deal
Sweet Bonanza Candy LandGonzo’s Treasure Map
Monopoly LiveBoom City
Dream CatcherSnakes and ladders

Customer Support

TypeAvailabilityInfo
Live Chat24/7On-site
E-mail24/7support@velobet.com
PhoneNot available
Velobet’s customer support

Having tested customer support at Velobet a couple of times, we’re quite pleased with it.

It is not perfect as agents tend to reply with copy-pasted templates and also close the chat on you when they think you’re finished without actually asking if there is anything more they can do. This is not great service.

However, in our experience, they do get the job done. They reply fairly quickly and provide the information needed to answer queries.

Deposits and Withdrawals

Methods, Limits, and Fees

Fiat

Payment MethodFeeMinimum DepositMinimum Withdrawal
Apple Pay$/€/£15Not available
AstroPayC$10Not available
Bank Transfer$/€/£10$/€/£20
Google Pay$/€/£15Not available
InteracC$10C$20
Jeton$/€/£10$/€/£20
Mastercard$/€/£10Not available
Visa$/€/£10Not available
Velobet’s payment methods, limits, and fees for fiat currencies

Crypto

Payment MethodFeeMinimum DepositMinimum Withdrawal
BitcoinNo limit$/€/£20
Bitcoin CashNo limit$/€/£20
DashNo limit$/€/£20
DogecoinNo limit$/€/£20
EthereumNo limit$/€/£20
LitecoinNo limit$/€/£20
RippleNo limit$/€/£20
USDCNo limit$/€/£20
USDTNo limit$/€/£20
Velobet’s payment methods, limits, and fees for cryptocurrencies

Note

It’s important to note that Velobet applies maximum withdrawal limits on a weekly and monthly basis which cannot be bypassed.

The weekly limit is $/€/£7,500 while the monthly one is $/€/£15,000.

You must also know that any deposits made with cryptocurrencies will be converted into fiat as Velobet does not support gameplay in crypto.

Withdrawal Times

Velobet promises to handle all withdrawal requests within 3 bank days as stated in its T&C and confirmed by customer support.

However, customer support claims that normally, it does not take longer than 24 hours for a withdrawal to be processed on a weekday.

Weekends are a different story though as no withdrawals at all are processed on Saturdays and Sundays.

Currencies Supported

Velobet supports the following fiat currencies for account creation and gameplay:

  • AUD ($)
  • CAD ($)
  • EUR (€)
  • GBP (£)
  • USD ($)

Accepted and Restricted Countries

Velobet lets players from all over the world sign up. The casino doesn’t restrict anyone.

However, it mentions in its terms and conditions that players who reside in a country where online gambling isn’t legal aren’t allowed to play. So, while you aren’t blocked from signing up, if you breach this term, you risk getting your winnings confiscated.

Additionally, a complete game restriction applies to the USA, Netherlands, and Russia. This means that no games can be played from these jurisdictions even if you sign up and make a deposit.

Gambling License

  • License: Anjouan Gaming
  • License Number: ALSI-072403002-F17
  • Verification Seal: Yes

Company Info

Main Company

  • Name: Santeda International B.V.
  • Registration Number: 151296
  • Address: Zuikertuintjeweg z/n (zuikertuin tower), Willemstad, Curacao

Other casinos that we have reviewed, operated by the same company as Velobet include:

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