Velobet

Velobet sister sites include Donbet, Goldenbet, Cosmobet, Rolletto, MyStake Casino and many more.
Velobet (velobet.com) is operated by Santeda International B.V of Pareraweg 45, Curacao.

Velobet Casino is not licenced by the UK Gambling Commission

Velobet Sister Sites

VELOBET IS NOT COVERED BY A UK GAMBLING COMMISSION LICENCE.

The Velobet sister sites are operated by Santeda International B.V., which is a casino network company based in Curacao. As is almost always the case with operators based in Curacao, none of the casinos and betting sites on this network have the benefit of being covered by a UK Gambling Commission licence. All of the Velobet sister sites are covered by a “Master Licence” issued by the Government of Curacao, but customer experiences indicate that the licence is essentially worthless when it comes to handling complaints. None of this is to say that the Velobet sister sites aren’t to be trusted – we know that many of you are big fans of MyStake Casino – but it’s a reminder that anyone who plays at these sites does so at their own risk.

MyStake Casino

First, a disclaimer. We can’t be one hundred per cent sure that we have all the Velobet sister sites listed here because it’s not always easy to track down all the casinos and iGaming sites run by a Curacao-based iGaming company. It’s not like there’s a register, as there is in the case of both the UK Gambling Commission and the Malta Gaming Authority. It’s possible that there are more Velobet sister sites out there, and if we ever track them down, you’ll see them listed here. In any event, MyStake is one of the most popular non-UKGC casinos among players in the UK. UK-based players technically shouldn’t play at casinos or betting sites that aren’t covered by a licence from the local regulator, but thousands of players are happy to take the risk and play at MyStake anyway. Most of them appear to be happy with that decision.

What makes MyStake better than the average Curacao-based casino is the quality that it offers and the sheer range of entertainment available at the site. The name “MyStake” implies that the site offers sports betting, which it does in abundance. It thinks of itself as a football betting specialist, and can usually be relied upon to have special odds for any major events in football. There’s also a full casino, live casino, e-sports and virtual sports betting section, all of which come with their own individual promotions. Plenty of the world’s top providers supply games to MyStake, and there are curiosities and novelties like Plink games here, too. If it had a proper licence, it would be seen as a world-class casino.

Goldenbet

Goldenbet hasn’t yet achieved the kind of success that MyStake Casino has, and doesn’t have anywhere near as big a public profile, but it’s still another option to consider if you’re looking for Velobet sister sites. When you look at it, though, you might find that it reminds you very strongly of both Velobet and MyStake Casino. All three of these iGaming sites tread over similar grand, effectively offering slightly different flavours of the same thing. That much is evident from looking at the menu options that run along the top of the Goldenbet homepage, which include all the same categories we mentioned when we were talking about MyStake Casino a moment ago. You’ll get a change of decor when you flit between the Velobet sister sites, but you won’t necessarily get a change of content to go with it.

In terms of aesthetics, Goldenbet isn’t quite as pretty as MyStake Casino is. It largely features the same slots in the centre of its homepage, but it doesn’t dress them up with the same bespoke thumbnails as MyStake Casino. However, it might be able to distinguish itself with its promotions. One of the top promotions currently available at Goldenbet is ten per cent of all losses returned to all players on a daily basis, with no upper limit on the total amount of cashback available. So long as the casino is as good as its word – which is always a concern with Curacao-based casinos – that’s surely a tempting offer for big spenders.

VeloBet News

23rd April 2024: VeloBet has recently rolled out a juicy offer for its existing members, allowing them to claim free bets after betting on a selection of qualifying NHL and NBA playoff games. This promotion, highlighting the site’s commitment to adding value to its users’ betting experience, operates by rewarding players with a 10% free bet based on their net losses from the previous week every Monday. To qualify, members need to place bets with a minimum of three picks from the aforementioned playoffs, ensuring each pick has odds of at least 1.3 and the total bet is no less than £10. The generosity of this promotion is evident in the terms, which are crafted to aid engagement without overwhelming users with steep requirements. The potential to receive up to £500 in free bets exemplifies VeloBet’s approach to rewarding loyalty and fostering a positive betting environment. This initiative is not only a reflection of VeloBet’s promotional generosity but also signals a broader trend among its sister sites, which consistently aim to provide value-driven, user-focused betting experiences.

On top of this, the simplicity of the claim process, where the free bet is automatically credited to qualifying accounts each Monday, ensures players can easily take advantage of the offer without unnecessary hassle. This promotion is indicative of VeloBet’s noteworthy approach to integrating enticing offers with major sporting events, thereby maintaining high engagement levels across its platform. This proactive approach in promotions is aligned with the current trends in online betting where platforms seek to maximise user retention and satisfaction through well-thought-out offers and bonuses.

Velobet Review 2024

We’ve already covered a lot of the basics of Velobet above. We’ve clarified that it belongs to a casino network company based in Curacao, and we’ve also forewarned you that neither Velobet nor any of the Velobet sister sites are protected by a UK Gambling Commission licence. That means there are risks when it comes to complaint resolution because if you have cause for complaint and can’t get the outcome you’re looking for from the casino, you have nobody else to turn to. That doesn’t necessarily mean that Velobet can’t be trusted or enjoyed, though, and so we’ll find out how trustworthy and enjoyable it is by reviewing it.

Velobet Welcome Promotions

If you can’t settle at an online casino unless there’s a welcome bonus on the table, you’re likely to enjoy the warm greeting you get at Velobet – there are three to choose from. Before you get too excited, though, you can only choose one of them. The best one for you will depend on how you intend to interact with the casino and whether you’re more interested in casino gaming or sports betting. We’ll kick off with the standard casino welcome promotion, which is a 150% first deposit boost applied to all first deposits between £20 and £500. The bonus applies only to slots, and is subject to a perfectly reasonable x30 wagering requirement.

If you’re more interested in the Velobet sportsbook than you are in its casino games, you can claim a sports betting bonus worth up to £1000 on the back of your first deposit. It comes in the form of a 150% boost to whatever that deposit is, subject to a minimum of £20. The wagering requirement for this promotion is x15, which is high for a sports betting bonus, and only bets with odds of 1.3 or more will count towards wagering. That can’t include betting on outrights, so players will need to get creative.

The third welcome promotion is a little more niche. Velobet and all the Velobet sister sites accept deposits made using cryptocurrencies – a common feature among non-UKGC casinos. Any first deposit of between £20 and £1000 made using crypto will receive a 160% boost, with bonus amounts subject to an x35 wagering requirement. Again, this bonus can only be used on slots, and certain slots are excluded from the promotion. Players will need to check the list carefully before they start playing.

Other Promotions

The warm welcome at Velobet extends to second and third deposits. Second deposits are eligible for a 100% boost up to a maximum of £500, and third deposits attract an 80% boost up to £500 again. In both instances, the bonuses are tied to online slots only and come with an x30 wagering requirement.

For those who prefer or are happy to use cryptocurrencies, Velobet offers an ongoing ten per cent in cashback against all losses incurred while playing casino games. The amount is paid once per month and doesn’t have a maximum. Not only that but it’s delivered as real cash without any associated wagering requirements or maximum bet limits. If you want to withdraw it immediately, you’re free to do so.

On the sports betting side of things, Velobet offers a promotion that it calls “3 + 1 Freebet,” which is exactly what it sounds like – one free bet for every three bets placed. The qualifying bets must be of a minimum of £10 each, cover three selections or more, and have minimum odds of 1.3. The value of the free bet awarded will be determined by the average size of the three qualifying bets.

Pros and Cons of Velobet

Pros:

Velobet has a particularly strong set of promotions – especially its cashback promotion, which comes uncapped. The range of iGaming activities available at the site is impressive and comprehensive, with slots and games from plenty of top providers.

Cons:

The biggest problem at Velobet is that it doesn’t have a UKGC licence, with the same problem existing at all the Velobet sister sites. We also have issues with the withdrawal process. It takes at least three working days regardless of the selected method, and fees will apply if your last three deposits aren’t worth at least three times more than the amount you’re asking to withdraw, which seems unnecessary and mean-spirited.

Top Games at Velobet

While Velobet sees itself as a destination for both real sports betting and virtual sports betting, it’s still more about slots and casino games than it is about anything else. The top slots at Velobet can be found smack bang in the middle of its homepage, and here are three of the best of them.

Ascend to the heavens with “Gates of Olympus,” where Greek mythology comes alive. This 6×5 grid slot by Pragmatic Play offers payouts for eight or more matching symbols. With high volatility and an RTP of 94.05% to 96.5%, players can enjoy features like Cascading Wins, Random Multipliers up to 500x, and Free Spins. Winning symbols vanish, making way for new ones, and Free Spins are activated with 4 Scatter symbols. Multipliers enhance wins, and the Bonus Buy and Ante Bet features increase bonus chances. A maximum win of 5,000x the bet awaits in this thrilling Greek adventure.

“Starburst” is a legendary slot game developed by NetEnt, celebrated for its simplicity and engaging gameplay. The game features a 5×3 layout with ten paylines that pay both ways and an RTP of 96.09%. Its low to medium volatility ensures frequent smaller wins, making it appealing to a wide range of players. The game’s standout feature is the Starburst Wilds function, where wilds can expand to cover entire reels and trigger up to 3 re-spins. Though lacking a dedicated free spins feature, the expanding sticky wild re-spin offers a similar thrill. The game’s design, with sparkling jewels and lighthearted music, creates a magical atmosphere that has helped cement its status as a timeless classic. The maximum win is 500x the stake, and it’s playable across various devices, including mobile platforms.

Enter the enchanting world of “Beauty and the Beast” with Belatra Games’ online slot. This rendition of the timeless fairy tale offers an RTP of 97.11% and medium variance. With 40 betways and a maximum win of x250, the game features a unique design with transparent reels set against a grand castle. The Rose acts as the scatter symbol, unlocking free games, while the “Wheel of Fortune” jackpot adds an extra layer of excitement. A risk game allows you to double or quadruple your win by guessing the card’s colour or suit. Experience the magic and nostalgia of this beautifully crafted slot, where romance and risk intertwine.

Withdrawal Processing & Support

Velobet isn’t as forthcoming with information about its withdrawal processes as it could be. There’s a list of payment provider logos running across the bottom of the screen, so we know that Visa and Mastercard debit cards are accepted. We also know that you can use Skrill or Neteller e-wallets, AstroPay, or Bitcoin. Our understanding is that other forms of cryptocurrency are also available. As we said above when discussing the pros and cons of the casino, fees might apply if the amount you’re looking to withdraw is more than three times the value of your last three deposits, and a three-day wait for processing applies to all methods. The total monthly withdrawal limit at Velobet is £15,000, which might be too low for some high-rollers.

Customer Services & Licensing

The only licence that covers Velobet (and the Velobet sister sites) comes from the Government of Curacao and is given as Master Licence 1668/JAZ. The licence doesn’t have a good reputation – there are countless instances of players having issues with Curacao-registered casinos, complaining to the regulator, and either getting nowhere or not receiving any response at all. The poor quality of the licence reflects badly on the casino. Customer service is available via a live chat system, which we believe to be available 24/7, but players can also email [email protected] if they’d prefer.

Velobet – The Verdict

So long as you’re happy to accept the inherent risks that come with playing at online casinos that aren’t regulated by the UK Gambling Commission, Velobet looks like a very solid choice. The promotions are attractive – even more so if you’re a cryptocurrency user – and the range of betting and iGaming activities available at the casino is exceptional. It’s a shame about the withdrawal process, though – charging for withdrawals and imposing low limits on them at the same time feels a little stingy.