Velobet was thoroughly reviewed in line with our detailed casino review policy.
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% instant cashback on deposits, a 5% monthly cashback on slots, and free spins that are credited at the sole discretion of the casino.
The game selection also lacks depth, even though slots and live dealer games from many top providers are available. It is let down by a very limited selection of crash games progressive jackpot slots. You also won’t find a live casino by Evolution, which almost every other casino offers.
As a high roller, further drawbacks include a weekly and monthly withdrawal limits of $/€/£7,500 and $/€/£15,000, and a maximum win limit of $/€/£200,000 on each game round. The win limit is a serious concern for anyone who places high bets on high-paying games.
Withdrawal times, although fast for the most part, may 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 very mediocre. You may find it pleasing and if you do, that’s great! But after reviewing hundreds of online casinos, we know there are plenty of options out there that are miles better.
Quick Facts
| Overview of Velobet Casino | |
|---|---|
| Free Signup Bonus | 20 free spins (code: FSNDB20) |
| Welcome Bonus | Up to $/€/£2,000 + 300 free spins |
| Bonus Wagering | 30x (bonus + deposit) |
| Casino Games | 5,500 |
| Types of Games | Slot machines, live casino games, jackpot games, video poker, scratchcards, video bingo, virtual sports, sports betting |
| Payment Methods | Apple Pay, Bank Transfer, Bitcoin, Ethereum, Google Pay, Interac, Jeton, Mastercard, USDT (+8 more) |
| Withdrawal Times | Within 3 bank days |
| Support | E-mail, Chat, 24/7 |
| Mobile App | None |
| Established | 2023 |
| Owner | Santeda International B.V. |
| License | Curaçao Gaming Authority |
World Wide Gambler’s Score
| Reputation & Trust | ★★★★☆ |
|---|---|
| Game Selection | ★★★☆☆ |
| Bonus Value | ★★☆☆☆ |
| Customer Support | ★★★★☆ |
Pros and Cons
| Positives | Negatives |
|---|---|
| ✔ Free signup bonus of 20 free spins | ✖ Weekly withdrawal limit of $/€/£7,500 |
| ✔ Solid selection of slot machines | ✖ Monthly withdrawal limit of $/€/£15,000 |
| ✔ 10% instant cashback (wager-free) | ✖ Few promotional offers and bonuses |
| ✔ 5% monthly cashback (wager-free) | ✖ Few crash games (no Aviator) |
| ✔ Decent customer support | ✖ No live casino by Evolution Gaming |
| ✔ VPN connections are tolerated | ✖ Poor selection of progressive jackpot games |
| ✔ Fast KYC and weekday withdrawals | ✖ Might need a passport for KYC |
| ✖ Win limit of $/€/£200,000 per game round |
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 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 game round. 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
No Deposit Bonus – 20 Free Spins
New players at Velobet can enjoy a no deposit bonus of 20 free spins on the slot 3 Coins. All you need to do is enter the bonus code FSNDB20 during registration. The spins are instantly credited and can be used right away by searching for the game in the casino lobby.
| Free Signup Bonus | |
|---|---|
| Bonus | 20 free spins |
| Slot Machine | 3 Coins |
| Wagering Requirement | None |
| Time Limit for Wagering | N/A |
| Max Cashout | $/€/£100 |
| Bonus Code | FSNDB20 |
Deposit Bonus – Up to $/€/£2,000 + 300 Free Spins
Velobet also offers a three-part deposit bonus package, allowing new players to claim up to $/€/£2,000 in bonus funds and 300 free spins. On your first deposit, you have two different options depending on how much you deposit.
| First Deposit Bonus | |
|---|---|
| 1st Deposit (alt. 1) | 150% up to $/€/£500 + 300 free spins |
| 1st Deposit (alt. 2) | 100% up to $/€/£1,000 + 300 free spins |
| 2nd Deposit | 100% up to $/€/£500 |
| 3rd Deposit | 80% up to $/€/£500 |
| Type of Bonus | Non-sticky |
| Wagering Requirement | 30x (bonus + deposit) |
| Time Limit for Wagering | 30 days |
| Max Cashout | 10x (deposit) |
| Minimum Deposit | Alternative 1: $/€/£10 Alternative 2: $/€/£500 |
| Bonus Code | N/A |
The first deposit bonus gives players two different entry points depending on their preferred balance between bonus percentage and maximum bonus size. The 150% option is more accessible for smaller deposits, while the 100% alternative is aimed at players willing to deposit at least $/€/£500 to access the larger bonus cap.
The 300 free spins are one of the main highlights of the offer, especially for smaller depositing players. Receiving this many spins with a deposit of just $/€/£10 is uncommon, and the spins can add meaningful extra value when the deposit bonus itself is relatively modest.
However, the spins are not credited all at once. They are released at a rate of 30 free spins per day over 10 days, and if a daily batch is missed, the remaining spins are forfeited and cannot be claimed later.
Another strong aspect is the 30-day wagering period, which is considerably longer than the 7-day limits commonly seen at many online casinos. This provides more flexibility for players who prefer to complete wagering gradually rather than under tighter time pressure.
The main drawback is that the 30x wagering requirement applies to both the deposit and bonus amount. This creates a substantially higher wagering burden than bonuses where wagering applies only to bonus funds.
The maximum cashout limit of 10x the deposit is another important restriction. While not uncommon to find on welcome packages, it can limit the upside if a player wins well above the allowed withdrawal amount while wagering.
Australian players interested in comparing offers with different wagering structures, cashout limits, and bonus formats can also browse our guide covering real money welcome bonuses in Australia.
Wagering Contributions
When fulfilling bonus wagering requirements at Velobet, the follow game contribution rates apply:
| Wagering Contributions | |
|---|---|
| Video Slots | 100% |
| Scratchcards | 100% |
| Video Bingo | 100% |
| Table Games | 100% |
| Video Poker | 100% |
| Live Casino Games | 0% |
| Virtual Sports | 0% |
While live casino games are entirely excluded from bonus wagering, Velobet stands out from most other casino sites by allowing full contribution on virtual table games and video poker. This is rare.
Other Bonuses
Velobet offers almost no promotional offers to casino players which is highly disappointing. Many casino sites run several weekly or even daily promotions, putting Velobet at a huge disadvantage when it comes to bonus hunting.
As of writing and updating this review, there is only one bonus available – 10 no deposit free spins for following Velobet on its social media channels. No deposit bonuses, free spin offers, or tournaments are available.
Loyalty Rewards
Velobet offers three types of loyalty rewards:
- Instant cashback of 10% (all games)
- Monthly cashback of 5% (slots only)
- 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 $/€/£100. However, no wagering requirement applies.
Cashback
With a minimum deposit of $/€/£200, you are eligible for a 10% instant cashback if the deposit is lost.
The upper limit to the cashback varies from one player to another as it’s determined by Velobet.
However, there is no wagering requirement attached so whatever cashback is received can be instantly withdrawn.
The cashback applies to losses had on all games, including slots, live casino, crash games, and more.
On top of this, a 5% cashback can be claimed once per month, which applies only to losses had on slots.
This cashback is also wager-free. To receive it, you must contact support within 5 days of every new month.
Reputation
The reputation scores listed below represent what players on various platforms think of Velobet based on their reported experience.
| Source | Score |
|---|---|
| Trustpilot | 3.8 / 5 |
| Askgamblers | 9.3 / 10 |
| Casino Guru | 9.0 / 10 |
| LCB | 3.1 / 5 |
Summary of Player Reviews
Velobet Casino has accumulated over 600 reviews across various platforms. While the majority of these are positive, a sizable portion of them may not be entirely genuine. Many are brief, generic one-liners such as “good experience” or “excellent games and customer service”.
That said, even when accounting for this, the ratio of legitimate positive reviews still clearly outweighs the negative ones—suggesting that most real players have had a satisfying experience with the casino.
Positive highlights include:
- Fast withdrawals and quick KYC verification are repeatedly praised by players. Some report withdrawals being processed in as little as 20 minutes, and KYC checks completed in under 5 minutes.
- One player stated that the entire process from verification to receiving their withdrawal took less than 24 hours.
- Another described Velobet as one of their favorite casinos, citing its wide game selection, fast payouts, and excellent customer support.
- The most consistently mentioned positives across reviews are efficient support, speedy cashouts, and smooth verification—a strong trio for any online casino.
Negative feedback includes:
- Several players report issues with changing bonus terms, poor customer support response times, and unhelpful or unprofessional interactions.
- A few complaints mention technical or account-related issues, such as deposits not being credited or KYC verification being overly strict (e.g., requiring a passport when other ID was not accepted).
- There are also claims of bonuses not being awarded, or accounts being restricted with funds confiscated—cases where the casino stated this was due to a breach of terms and conditions.
- As with many online casinos, there are generic accusations of being a scam or games “not paying out,” though these often lack detail and supporting context.
Overall, the negative reviews seem to be mostly isolated incidents. The one recurring issue that surfaces a bit more often is support quality, though even here, more players praise the support team than criticize it—suggesting that experiences may vary but are generally positive.
Game Selection
| Game Type | Availability |
|---|---|
| Slot Machines | ✔ 7,500+ |
| Table Games | ✔ Yes |
| Live Casino Games | ✔ 7 platforms (7Mojos, Amusnet, Betgames, Lucky Streak, Pragmatic, SA Gaming, XPG) |
| Crash Games | ✔ 10+ |
| Jackpot Games | ✔ Yes |
| Video Poker | ✔ 10+ |
| Scratchcards | ✔ 45+ |
| Video Bingo | ✔ 20+ |
| Virtual Sports | ✔ 15+ |
| Sports Betting | ✔ Yes |
The game selection at Velobet is decent and might be satisfying enough for many players. But it does fall short when compared to many of the industry’s casinos that offer 10,000+ slots and an overall greater variety.
Its main downside is a lack of live casino games from Evolution Gaming, which is surprising as nearly every casino works with this top provider. As a result, the live casino experience is bland and missing many innovative tables, money wheels and game shows.
Another notable drawback is a limited selection of crash games, with the absence of the popular Aviator being the biggest letdown. Additionally, the casino only has a few progressive jackpot slots by EGT with smaller jackpots in them.
Unlike many online casinos, you won’t find any daily jackpot games by Red Tiger Gaming or any jackpot games on the Mega Moolah, Dream Drop, Jackpot Kings, or Wowpot networks.
Slots
Velobet offers slots from about 85 different game developers which is considered a wide range that contributes to a large and versatile selection.
On the site, you will find top-quality slots from many of the highest-rated developers in the industry such as:
- Big Time Gaming
- Blueprint 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 developer we are missing slots from at Velobet is Quickspin. All in all, the selection is very satisfying.
However, it could benefit from categorties for easier navigation as these are limited to:
- Bonus buy
- Drops & Wins
- Megaways
- Popular slots
- New slots
- Slots by provider
In parituclar, it would have been great to see jackpot games being sorted into their own dedicated category.
Live Casino
The live casino experience at Velobet is spearheaded by Pragmatic Play, which we consider one of the best live casino providers in the industry, alongside Evolution Gaming and Playtech.
Pragmatic Play’s platform offers a wide range of both classic and innovative table games, bonus-packed money wheels, and unique game shows, including the following:
| Roulette Games | Blackjack Games |
|---|---|
| Classic Roulette | Classic Blackjack |
| Fortune Roulette | Speed Blackjack |
| Lucky 6 Roulette | |
| Mega Roulette | |
| Power Up Roulette | |
| Baccarat Games | Other Games |
| Classic Baccarat | Casino Hold’em |
| Mega Baccarat | Jacks or Better Draw poker |
| Sic Bo | |
| Money Wheels | Game Shows |
| Mega Wheel | Dice City |
| Money Time | Snakes and Ladders |
| Sweet Bonanza Candy Land | The Bingo Spot |
| Treasure Island |
In addition to this platform, Velobet also offers live games by:
- 7Mojos
- Amusnet
- Betgames
- Lucky Streak
- SA Gaming
- XPG
The games on these platforms are generally quite basic and don’t add that much to the experience. The exception is Betgames that stands out for its many live lottery games.
While Velobet has sorted its live casino games in many user friendly categories, the overall experience is letdown by the absence of Evolution and Playtechs platforms.
While Pragmatic Play’s games are great, Evolution and Playtech offer many, many more innovative titles, money wheels and game shows. And the fact is that Evolution is available at almost every site, making Velobet’s live selection fall far behind what’s usually on offer.
Customer Support
| Type | Availability | Info |
|---|---|---|
| Live Chat | 24/7 | On-site |
| 24/7 | support@velobet.com | |
| Phone | Not available | – |
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 Method | Fee | Minimum Deposit | Minimum Withdrawal |
|---|---|---|---|
| Apple Pay | ✖ | $/€/£15 | Not available |
| AstroPay | ✖ | C$10 | Not available |
| Bank Transfer | ✖ | $/€/£10 | $/€/£20 |
| Google Pay | ✖ | $/€/£15 | Not available |
| Interac | ✖ | C$10 | C$20 |
| Jeton | ✖ | $/€/£10 | $/€/£20 |
| Mastercard | ✖ | $/€/£10 | Not available |
| Visa | ✖ | $/€/£10 | Not available |
Crypto
| Payment Method | Fee | Minimum Deposit | Minimum Withdrawal |
|---|---|---|---|
| Bitcoin | ✖ | No limit | $/€/£20 |
| Bitcoin Cash | ✖ | No limit | $/€/£20 |
| Dash | ✖ | No limit | $/€/£20 |
| Dogecoin | ✖ | No limit | $/€/£20 |
| Ethereum | ✖ | No limit | $/€/£20 |
| Litecoin | ✖ | No limit | $/€/£20 |
| Ripple | ✖ | No limit | $/€/£20 |
| USDC | ✖ | No limit | $/€/£20 |
| USDT | ✖ | No limit | $/€/£20 |
Note that any deposits made with cryptocurrencies will be converted into fiat as Velobet does not support gameplay in crypto.
General Withdrawal Limits
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 $/€/£15,000.
While the weekly limit is higher than the average casino, the monthly is notably low and may cause significant inconvenience to high rollers and big winners.
Withdrawal Times
Velobet promises to handle all withdrawal requests within 3 bank days as stated in its T&C and confirmed by customer support.
However, customer support claims that normally, it does not take longer than 24 hours for a withdrawal to be processed on a weekday.
Weekends are a different story though as no withdrawals at all are processed on Saturdays and Sundays.
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Currencies Supported
Velobet supports the following fiat currencies for account creation and gameplay:
- AUD (A$)
- CAD (C$)
- EUR (€)
- GBP (£)
- USD ($)
Note
Only fiat currencies relevant to our target regions are listed above. To see all available ones, please visit the casino.
Accepted and Restricted Countries
Based on our testing, Velobet lets players from all over the world sign up, without any form of restriction.
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: Curaçao Gaming Authority
- License Number: OGL/2024/1798/1048
- Verification Seal: Yes
Company Info
Main Company
- Name: Santeda International B.V.
- Registration Number: 151296
- Address: Zuikertuintjeweg z/n (zuikertuin tower), Willemstad, Curacao
Gambling involves financial risk. Bonuses and promotions can encourage extended play, and players should understand the associated terms before participating. If gambling stops being enjoyable or begins affecting finances or wellbeing, consider reviewing our responsible gambling guide for advice, tools, and support resources.
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