Cosmobet Casino Review (2023)

Cosmobet Casino Review (2023)

Rating: 3

Don't gamble with money you cannot afford to lose

 

Cosmobet is a very new casino – as a result,  its regulatory status is still unclear. However, the casino does seem to be a brand of a company licensed in Curacao – if that is the case, we would strongly recommend checking Cosmobet out. This is an enterprise that offers a huge number of exciting, high-quality games and many great bonuses. Moreover, clients will not have to worry about strict withdrawal limits or unusual conditions.

All in all, this seems like a fairly good choice for a casino – if they do turn out to be regulated, we would definitely recommend checking out what Cosmobet has to offer.

Cosmobet Bonuses

Cosmobet offers a few great bonuses – those would mostly be of use to new players but clients that have been with the casino for a longer period of time can still take advantage of a number of attractive offers.

[casino_table type=”bonus”]

The First Deposit Welcome Bonus is available to all new players who deposit at least $20. If you deposit between $20 and $500, you will get a 150% bonus. For deposits of between $500 and $1000, you get a 100% bonus. The maximum bet amount you can place with an active bonus is $5. The wagering requirements you need to reach in order to withdraw the bonus and winnings is 30x which is quite standard. This bonus can only be wagered on slot games.

The First Deposit Bonus For Crypto Deposits grants players who deposit $20 or more in Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Dash, Monero, or Stellar a 160% bonus. Once again, this bonus can only be wagered on slot games and the maximum bet is $5. The wagering requirements you need to reach are 35 times the deposit plus the bonus.

The Sports Welcome Bonus is applicable only for Sports Betting and requires a minimum deposit of $20. The wagering requirements are 15x and need to be met on a minimum of 3 events, each with odds of at least 1.3. The bonus remains active for 30 days.

The 3 + 1 FreeBet promotion allows players that place 3 bets of between $10 and $100 to get 1 free bet.

The 10% Cashback On Crypto Deposit promotion allows players to get a 10% Cashback on their total loss during the previous month. Only losses from cryptocurrency deposits will be taken into account. There are no bet limits and no wagering requirements you need to reach.

There are also two fairly unconventional promotions. One of them is the Early Cashout one. Players to cash out their bets on some games prior to the game’s end. This means you will be able to cash out your profits as soon as the event has occurred. The money you win from this campaign is completely counted as your own wins and is not subject to any restrictions – which sounds almost too good to be true.

The Delete Game promotion is unlike anything we have ever seen with another casino. If you have placed a few bets and have changed your mind, you will have the chance to change one section of the bet. The price of canceling a bet is 10% of the wagered funds.

Cosmobet License

Cosmobet claims to be operated and owned by Santeda International B.V. – a company regulated in Curacao that is behind a number of smaller international casinos that have faired quite okay among players. That enterprise is regulated by eGaming Curacao, one of the four master license operators that are active in the country.

As a brand of this company, the casino is supposedly also regulated in Curacao. We were not, however, able to find any sort of license related to Cosmobet. Casinos regulated in Curacao are obligated to have a digital seal that leads to a license verification page embedded at the footer of their website – which was not the case here. That was quite weird and meant that we were unable to verify that this was a licensed casino. However, since Cosmobet is such a new enterprise, it is not that unusual – if they are actually a brand of Santeda International B.V. they will most probably add such a digital seal at the footer.

Curacao is an offshore jurisdiction that has become quite popular among online gambling establishments in recent years. The reason for this popularity is simple – local casinos want to avoid the extremely strict restrictions that exist in countries like Malta and the UK – but they still want to present their clients with a legitimate license. That is where Curacao comes in – obtaining a license in this country is a much faster and more simple procedure. However, local casinos are still obligated to meet some basic requirements.

  • Certain data protection and encryption policies ensure that your sensitive personal information will not end up in the hands of malicious third parties.
  • Games have to be audited by independent third parties – so that players can be sure that they are completelly fair and random.
  • Casinos are obligated to provide players with various responsible gambling options such as time-out warnings, deposit limits, and even the option to shut down accounts immediately upon request.

The regulatory regime in Curacao is a bit unusual since the local government does not regulate casinos directly. Instead, it has granted master licenses to four independent companies that deal with licensing casinos and making sure that all laws are being followed. Although a Curacao license does not provide the same level of safety as one issued in Malta or the UK, there are still many great casinos regulated in the country – do not let the offshore label throw you off.

The Cosmobet website is available in a few languages – English, Portuguese, German, Spanish, French, and Swedish. Moreover, the number of restricted countries is fairly small which means that a huge number of players will get to play at the casino. If you are a resident of Cuba, Curaçao, Iran, Korea, North, Netherlands Antilles, Russian Federation, Syria, or the United States, however, your access to the website will be restricted.

[casino_data type=”restricted_countries” title=”Restricted countries: “] [casino_data type=”languages” title=”Languages: “]

Cosmobet Deposit and withdrawal

Cosmobet accepts various convenient payment methods: Credit/Debit Card (both Visa and MasterCard), Bank Transfer, e-wallets like AstroPay and Payz, and crypto. You can also deposit in various currencies – Euro, US Dollar, Bitcoin, Ethereum, Litecoin, Tether, and XRP.

The minimum amount of money you will be required to deposit is $20 which is standard. Payments seem to be processed instantly and free of charge – at least on the casino’s side.

[casino_table type=”deposit”]

The minimum withdrawal amount is also fairly low – $20. The maximum withdrawal limits are quite liberal – $7500 per week and $15 000 per month. All withdrawals are supposedly processed within 3 business days – once again, free of charge.

[casino_table type=”withdrawal”]

The casino also has a standard turnover requirement – before making a withdrawal request, you need to turn over your deposit at least once. Such requirements are common and meant to prevent money laundering. Keep in mind that there is also a limit in relation to the maximum amount of money you can win from a single bet – $250 000.

[casino_data type=”currencies” title=”Currencies: “]

If you have not logged into or logged out of your account for twelve consecutive months, that account will be considered dormant and you will be charged a monthly fee of $10.

Cosmobet Games and game suppliers

Cosmobet collaborates with a fair share of established game providers, some of which are among the most respected in the eGaming industry. You will surely recognize the names of studios such as NetEnt, Yggdrasil, Endorphina, Habanero, Real Time Gaming, PGSoft, Hacksaw, Platipus, and many others. It is not a surprise that the casino offers such a wide selection of games that are both beautifully designed and entertaining.

[casino_data type=”game_providers” title=”Game providers: “]
  • The Slot selection we were presented with was impressively large and featured popular games like Sweet Bonanza, Book of Dead, Reactoonz, Gates of Olympus, The Sun of Egypt 3, The Doghouse Megaways, Aztec Magic Megaways, Fruit Zen, Thunderstruck, Hotline, Wolf Gold, Piggy Riches Megaways, White Rabbit, and many others.
  • Although the casino does not seem to offer any online table games, it does provide access to a plethora of Live Dealer games. You can not choose between various Like Poker, Live Roulette, Live Blackjack, and Live Baccarat games but you will also get to play Game Shows like Funky Time, Snakes and Ladders, Monopoly, Mega Wheel, Sweet Bonanza Candyland, etc.
  • Cosmobet offers a small selection of entertaining Mini Games – Limbo, Dino, Plinko, Chicken, Dice, Hilo, Keno, Icefield, and others.
  • Sports betting is also an option with this casino – their sportsbook is one of the most extensive we have encountered in a long time. Players can bet on more than 2000 Soccer events, 240 Tennis events, 250 Ice Hockey events, and 220 Basketball events. And these were not all sports, on the contrary – fan favorites like Darts, Table Tennis, Golf, Cricket, and Snooker were also represented with a decent number of events.
  • Esports and virtual sports were both in separate categories and offered even more betting options to players.

Cosmobet offers a very extensive game library that will surely satisfy the needs of even the most picky among players.

Conclusion

Cosmobet is a brand new casino the regulatory status of which is still unclear. Aside from that, the casino can offer a lot to its clients – a very large number of high-quality games, attractive bonuses, and many deposit options. This does seem to be a brand of a Curacao-regulated company – as soon as this is confirmed, we would strongly endorse opening an account with this casino.


Leave a Reply

Your email address will not be published. Required fields are marked *