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Review

Review: Coinbet24

· January 21, 2020 · 1:47 am
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Platform Name: Coinbet24
URL: https://www.coinbet24.com/en/
Founded: 2015
Parent Company: The Coin Group N.V
Address: E-commerce Park, Vredenburg, Curacao
Platform offering: Bitcoin Casino and Sportsbook
License No: GLH-OCCHKTW0711232015

Accepted Payment Methods: Bitcoin, Other Cryptocurrencies, Credit Cards, PerfectMoney, EcoPayz and Wire Transfers

Overview

Coinbet24 is one of the prominent cryptocurrency gambling platforms offering a range of casino games and sportsbook offering. With a track record of close to 5 years, it is known for the competitive betting opportunities combined with the best odds and low margins that result in higher returns on wins. The Coinbet24 platform is created by a team of experts who have decades of experience in the online gambling industry, making it possible for them to incorporate a lot of their learnings over the years into the platform’s development.  Further, Coinbet24 is a fully regulated online cryptocurrency gambling platform operating under the license issued by the Government of Curacao which makes it a reliable and trustworthy option for gambling enthusiasts.

Platform

The entire Coinbet24 offering is based on a few basic tenets that aim to provide the best gaming experience to the users. For starters, the platform adopts a simple, intuitive user interface designed to suit the requirements of a majority of users. It also has a flawless mobile version of the site to ensure an uncompromised experience to those logging in from their mobile devices. The betting options offered on the platform fall under two main categories – Bitcoin Casino Games and Bitcoin Sportsbook. While the Coinbet24 platform designed in-house by the Coin Group NV team, many game titles available on it are developed by some of the top online gambling game developers like SoftSwiss, BetSoft, Endorphina, Amatic and Ezugi.

Similarly, the Sportsbook comes with an extensive listing of various popular sports and competitions, giving users enough options to choose from based on their favorite sports or otherwise. Some of the popular listed sporting events include UCL, UEL, EPL, NBA, NFL, NHL and so on.

Other exciting features are the Live Casino and the Live Sportsbook for placing bets on-the-fly. The Live Bitcoin Casino option is said to give a real-life casino experience with tables always ready to accommodate the players.

Getting Started

New to Coinbet24? Starting off on the platform is a simple and straightforward process which is in many ways no different from creating a new account on any of the social media platforms. The user will have to just provide their email address, set a password and confirm it, select their country of residence and select their preferred currency to start betting on Coinbet24. Once the account is created, they will receive an email with a link on the address provided during sign up. The new account will be verified after the user clicks on the verification link. They can also provide additional information during sign up to secure their account and also for compliance purposes if required. Users providing additional information will also receive periodic communication on various promotional events.

New users can get to know more about the platform and learn how to place bets by navigating through various resources and the Coinbet24 blog section that is available within the site.

Deposit and Withdrawals

Coinbet24 supports both cryptocurrency and fiat payments. The list of cryptocurrencies supported by the platform includes Bitcoin, Bitcoin Cash, Ethereum, Litecoin and more. Among the fiat deposit options are Credit Cards, Bank Transfer (for Turkish Customers), PerfectMoney and EcoPayz. The minimum deposit amount varies for each deposit method with the smallest being 0.001BTC, USD 0.1 for PerfectMoney, USD 20 for Credit Cards and EcoPayz. The minimum deposit for bank transfer is either TRY 50 or TRY 100 depending on the originating bank. There is no deposit fee on Coinbet24, and all transactions are almost immediate except for the bank transfer which may take up to 20 minutes to reflect in the user account.

Players can withdraw their winnings by choosing the withdrawal method of choice and filling the necessary information. Coinbet24 processes all the requests within 12 hours of submission, with the quickest being small crypto withdrawals in under few minutes, followed by PerfectMoney and EcoPayz in about 30 minutes. Larger crypto withdrawals take as much as 12 hours to be processed.

Games and Promotions

The Coinbet24 has a vast collection of online Bitcoin gambling titles, most of them created by some of the leading gaming solutions providers in the industry. The games on Coinbet24 include a wide range of titles under Table Games, Slots, Poker, Video Poker, Dice and Live Casinos. The list of popular Bitcoin betting games includes multiple Roulette and Blackjack offering, Baccarat, Pontoon, Bitcoin Slots in different themes, multiple flavors of Poker, Video Poker and Dice games.

The Bitcoin Video Poker tops the list as the game with the biggest return to player yields among all the games, while the lottery-based Scratch Dice is a gambler’s dream who wants to just keep wagering without having to involve too much into the gameplay itself.

Similarly, the Bitcoin Live Casino tables feature Blackjack, Roulette, Baccarat, Texas Hold’em, Andar Bahar and Live Lottery games. All the games featured on Coinbet24 are provided by SoftSwiss, Endorphina, Ezugi, Amatic, Habanero and BetSoft.

The Bitcoin Sportsbook section with its usual long list of sporting tournaments and events comes with two different modes of betting. Users can either choose a “single” betting slip for all selections to be graded individually, or a “combi” slip for the selections to be graded together. Or they can choose “system” and make their own combination of single as well as combi betting slips. The bankers options available on the platform will ensure that upon selection, any banker will always be present on all bets. There is a minimum stake applicable on Sportsbook, which is BTC 0.0005, TRY 1, USD 0.5, EUR 0.3 or VND 7500.

Coinbet24 always has various promotions and bonus programs on offer. The main bonus offering is the 100% first deposit bonus of up to BTC 1 that can be claimed as and when they open the account. Similarly, users providing personal details while signing up will receive an additional 10 free spins upon verification of their mobile number. They will also be eligible to access special campaigns and bonuses in the future, which will be communicated with them directly in the form of messages. There is also a Casino Introduction Bonus where the users can avail a 50% deposit up to mBTC 100 when they start using the Coinbet24 Bitcoin Casino.

Coinbet24 has an innovative 0-0 Premier League Insurance for Bitcoin Sportsbook users, which was introduced for the 2018-19 EPL Season. Here those placing pre-match correct score bet could avail a refund of stake up to mBTC 50 if the match ends with a 0-0 score. There are also Boosted Coupon promotions issued periodically which can be collected to avail boosted odds for select games.

Customer Support

Coinbet24 considers customer requests and queries at the highest priority and has set in place a robust customer support process to address them. The customer support channels are available every day from 7 AM till 10 PM (GMT) and can be reached either through email to support@coinbet24.com, contact form on the website, Coinbet24’s Facebook page or the live chat window available on the website.

Security

Coinbet24 is a secure cryptocurrency gambling platform that is regulated by Curacao Gaming. It implements 128-bit SSL encryption throughout the website to ensure the safety of information and funds. Further, the platform doesn’t insist on personal details from the users, which further reduces the risk of personal data being breached in a rare event of security breach, if ever it happens. Also, the listing of games from reputed suppliers and cryptocurrency transactions adds to additional security and peace of mind for the users.

Conclusion

Coinbet24 is a simple, easy to use platform which offers a long list of familiar games from well-known game creators. It is a licensed operator with a decent track record. Taking all these into consideration, those who are looking for a decent, hassle-free gambling platform can definitely try it out.

 

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