As soon as you open the webpage, you are prompted to register. You can click away and take a closer look before registering though.
Once you have clicked that away, you are welcomed by some really awesome images and a great color scheme we don’t see often in online and crypto casinos.
VeloBet have gone with a yellow, green and black color scheme with white highlights which really make it appealing to the eye.
Account Setup
Creating an account with VeloBet is an easy process, and doesn’t require too much personal information. You simply need to insert the following information:
-
First and Last names
-
Email address
-
Country
-
Currency
-
Username
-
Password
You will need to accept the terms and conditions and then click on Finish. One thing I found really curious was that the password can only be 8 characters long. Not a very safe option for password creation.
I didn’t even receive a verification email after registering at the casino which makes me question the security protocol of this casino. When it comes to crypto gambling, we expect higher levels of safety for our accounts.
Promotions
Velobet have a generous offering of promotions which will keep both crypto casino players and sports enthusiasts coming back for more. Let’s explore the offers Velobet has for us:
Casino
-
Welcome package: For your first deposit of $20 (or the equivalent) you will receive a 150% match bonus.
If you opt for a higher first deposit, $50 (or the equivalent) will get you a 100% bonus. You will need to manually activate this bonus before making a single wager for it to count. The wagering requirement is 30 times the deposit + bonus amount received.
For your second deposit you will receive a 100% match bonus up to $500 (or the equivalent). The minimum deposit for the bonus is $20 (or the equivalent). You will need to manually activate this bonus before making a single wager for it to count. The wagering requirement is 30 times the deposit + bonus amount received.
For your third deposit you will receive an 80% match bonus up to $500 (or the equivalent). The minimum deposit for the bonus is $20 (or the equivalent). You will need to manually activate this bonus before making a single wager for it to count. The wagering requirement is 30 times the deposit + bonus amount received.
-
Crypto Deposit Bonus: If you make your first deposit using any of the crypto coins on offer, and receive a 160% match up to $1,000 (or the equivalent). The minimum deposit for this bonus is $20 ( or the equivalent). You will need to manually activate this bonus before making a single wager for it to count. The wagering requirement is 30 times the deposit + bonus amount received.
-
10% Crypto Cashback on Crypto Deposits: For every deposit you have made within a month, you will receive 10% cashback on all losses made within that month. There is no maximum withdrawal limit, but you are required to claim it within the first 5 days of the following month. It is not an automated process. If you miss this deadline you lose out on the promotion, so remember to set your calendars to get this one.
Sports
-
First Deposit bonus: If you are a sports betting fanatic, deposit $20 (or the equivalent) and receive a 150% match bonus up to $1000. This is exclusive for sports bets. You will need to manually activate this bonus before making a single wager for it to count. The wagering requirement is 15 times the deposit + bonus amount received. You are not allowed to bet on outrights using this bonus.
-
Grand Express: This is a unique promotion for players who bet on the long running tournaments. If you choose 3 or more positions for any of the below tournaments and you win, you will be paid out a bonus which is determined by the number of ticket combinations. The tournaments:
-
Football/Soccer: Champions League, Premier League, Bundesliga, Laliga, Series A, Ligue 1, MLS
-
Basketball: NBA
-
Hockey: NHL
-
Baseball: MLB
-
American Football: NFL
Minimum Bet Amount - 1 $/€, Minimum Positions - 3 (From mentioned tournaments above only), Minimum Odds - 1.3 (For each position)
-
-
3 + 1 Freebet: For every three sports bets you place you will get the fourth free. The amount of the bet is the average of the 3 other bets placed. You need to place 3 consecutive bets with a minimum bet of $10, a minimum of 3 sections with minimum odds of 1.3 for each section to qualify for this bonus. Once you have received the final outcome of your previous tickets you will receive the fourth bet bonus.
VIP Program
The VIP program is by invite only, and VeloBet’s site link doesn’t work. I asked Support about it and they were quite cagey about the information.
Games
With over 6000 games to choose from, you will get a larger option for crypto gambling here. They are neatly and comfortably categorized as follows:
Sports
VeloBet offers an extensive sportsbook with many well placed sections for you to choose from:
-
Top Leagues: This is where all the popular leagues are found. You can choose from tournaments such as Euro 2024, Bundesliga, NBA, NHL and many more.
-
Top Live: Catch all the live games right here and keep an eye on those bet slips for results as they happen.
-
Top Esports: This seems to be faulty as whenever I click on it nothing happens.
-
Time Filters: You can update and change the specific time of where certain matches will be played.
-
Sports: Here you will find a list of all the sports on offer. There is a variety of games to choose from, such as the regular sports like Soccer, Basketball, Tennis, Baseball and then they have more oddball kinds like Gaelic Hurling, Floorball and Bowls. One thing I found really helpful when playing is that they have the number of how many current matches are available to bet on.
Live
This is where you will be able to view all live matches and tournaments currently in play. You can see matches in Prematch phase, an overview of all the games, the event view, a multiview and the Calendar of all matches. There is a Match Tracker which really helps when there are many matches in play concurrently as well as a Live Stream where you can watch the action as it happens. You are able to Favourite matches which will prioritize their results. You are also able to change the view of the results from List to Grid which makes it easier to grab all the information as required.
Casino
In this section you will easily find the slot games of your choice. There are more than 6000 slots to choose from.
-
The first selection you can make is for the Game provider. There is a filter available to choose with. There are 88 game providers available, but be sure to check if that game provider is not restricted in your jurisdiction.
-
Video Slots: With a large list of slots available, this is a great place to start to view their offerings.The game icons they have created are fun and dynamic, not like most other crypto casinos where it’s a flat image.
-
Bonus Buy: Here you will find games which have the Bonus Buy feature added to them. It has game types such as Megaways, Drops and Wins and Plinko.
-
Classic Slots: If you are looking for something a little more traditional this is the place for you. There are a few single line 3 reel games and diamond themed games available here.
-
Popular Slots: This is where you will find the most popular games available on VeloBet.
-
Jackpot Games: For those high risk high reward slows that pump the adrenaline through your veins, this section is it.
-
Video Bingos: Here you will find 22 different styles of bingo type games, from Rio Bingo, Extra Bingo, Superb Keno and World Football which is a fun football themed bingo card.
-
Table Games: These are not just your conventional games, there are games like Thimbles, Crown and Anchor, Andar Nights, Sic Bo and Dragon Tiger. There are also the traditional Blackjack, Roulette, Baccarat, More or Less and Poker variants available here.
Live Casino
In this section you can choose from Live Baccarat, Live Roulette, Blackjack, Casino Holdem, Live Poker and New Games. These are provided by a selection of providers such as Pragmatic Play who are crypto gambling experts.
Virtual Sport
This is a fun section where you can bet on Virtual sports such as Football League, Basketball League, Horse Racing, Dog Racing. There is a video stream of the game which is rather entertaining.
Esports
If you enjoy betting on teams or individual gamers this is where you will get the best of it. The games on offer are League of Legends, Counter-Strike, Dota 2, Rainbow Six and many more.
Mini Games
These are the provably fair games on offer by VeloBet. You can find Dino, Plinko, Dice, Keno, Blackjack and Wheel here.
Racing
This section is dedicated to racing fanatics. Horse Racing and Greyhound specifically. You have the option to search events, choose a date for events, you are also able to decide if you would like to see the odds or not.
Coins and Payments
VeloBet is a hybrid casino offering various ways to make deposits. There are payment wallets such as AstroPay, Skrill, Neteller, cards from Visa, MasterCard and PaySafe cards.
There are also a wide variety of Crypto Coins available to choose from: BTC, ETH, BCH, XRP, DASH, LTC, USDT (ERC20 only), USDC, DOGE, BUSD.
To make a deposit all you need to do is click on the bright green “Deposit” button and then you can select your depositing option. For this review I will be using LTC to deposit with. I struggled with reading the QR code with my wallet, but copying the address worked really easily.
It took about 4 minutes to get into my casino account.
I was not able to process a withdrawal this time, but after some extensive research I was able to find out the below information:
-
Minimum withdrawal limit for wallets, such as Skrill and Neteller is $10, and for all crypto coins is $20.
-
You may be required to submit KYC if Velobet has identified suspicious game play or activity. This would be in the form of ID/Passport, proof of address such as a utility bill and then proof of credit card - if you opted to deposit using this method.
To process a withdrawal, there are two directions you can take. You can either click on the bright green “Deposit” button and scroll down to “Withdraw Money” or you can go through your Dashboard and select “Withdraw” from there.
Once you have selected the method you would like to withdraw in, you will be prompted to insert all the relevant information and you will receive your withdrawal either immediately (10 - 15 minutes) but can take up to 3 business days to process if there are any further reviews required on the winnings.
Customer Support
Velobet has 24/7 Live Chat, but you have to go through a chatbot first before you can speak to an actual human. I found a trick though, if you type in “contact support” you bypass the chatbot after the first 2 questions. Their response time is pretty good, could be faster, but since this casino belongs to a brand with many options it is likely the agents on the other end are dealing with many brands, and many players at the same time, so we will allow a few delays here and there. You can also contact Velobet using email. There is X (Twitter) and Telegram which are both quiet and you won’t be receiving any assistance from those channels.
Geos and Languages
The languages available to play in at Velobet are: English, Brazilian Portuguese, Spanish, French, German, Swedish, Finnish, Norwegian, Russian, Italian.
There is a large number of restricted countries, so I will be providing you with the top 5: USA, UK, Spain, France, Netherlands.
Platform Compatibility
I had a nightmare of a time accessing and using Velobet on Chrome after 2 or 3 hours of being on it. It seems as if they decided I was no longer worthy and it just would not load, or move between pages. I then moved over to my mobile phone and it worked as intended. I am not sure if there was something happening in the background or what the situation was, but it was simply not responding. When playing using portrait mode, it is a great experience. Once you move over to landscape mode, the nightmare begins. The menus are way too big to view anything, you can’t navigate any of the pages once they open and then to try to play a game is near impossible.
Website Response Time
When I initially started playing on Velobet, it ran relatively smoothly. No real red flags, or issues to contend with. After a few hours though, it simply stopped responding. Below is an image of me trying to load the Dashboard. It was taken after a 4 minute window.
Running the casino link through our trusted response time website, and it was so slow to load we couldn’t even get a result.
Security and Community reputation
The community is overall happy with VeloBet. Since it is a new crypto casino there is no feedback or information on Bitcointalk.org unfortunately, but a few review sites have stated that they find the casino to be overall enjoyable even though it is a new casino. There are a few negative reviews on TrustPilot with no response from the casino. When it comes to account safety, it is somewhat optional. There is no verification email sent to your inbox, there are no 2FA or authenticator options available to utilize to protect your information, and with only an 8 digit password, a bright red flag was raised for me here.
Alternatives
For something with a great loading time, and a longer standing history, we suggest you try out:
-
Thunderpick: This site has been running since 2017 and has a great selection of games, Sportsbook and is USA friendly!
-
Cloudbet: After just celebrating its 10th anniversary, this crypto casino has a generous game offering with a fun and interactive community chat.
Verdict
When Velobet was running as it was meant to be, it was a rather enjoyable casino with loads to play on. The fact that it just stopped running makes me wonder if my IP was flagged or if they were experiencing technical difficulties. If you are comfortable with the Santeda group’s online reputation, I would suggest giving the casino a try, but if like me, you have only had flaky experiences with them, I would stay away. Whichever you decide, as we always say, keep your eye on the prize and your bankroll under control.
