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Coldbet Review
Coldbet Pros & Cons
Pros
- A mobile app for Android and iOS with special bonuses is featured
- The minimum deposit at Coldbet goes as low as €1
- VIP members can enjoy cashback based on their total bets, not just net losses
- Welcome bonus free spins are wager-free
Cons
- The welcome bonus isn’t available to several types of crypto deposits
- Fiat withdrawals have a maximum limit of €900 per transaction
- There’s no transparent information regarding the Coldbet Curacao licence
Coldbet Overview
Coldbet Payment Methods
Coldbet Extra Features
Coldbet User Reviews
How to Write a Review for Coldbet
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Write a clear and fair review. Please use polite language and avoid anything rude or harmful. Let’s make this a friendly space for everyone.Coldbet Bonus Offers
Since there are sports betting and casino gaming sections, Coldbet Casino offers both casino and sportsbook bonuses for registered players. Each bonus comes with a set of terms and conditions that you must respect. These terms don't just tell you the rules on how to claim and use a specific promo, but also what you should do to be able to withdraw potential winnings with it.
Coldbet Betting Offers
The first promotion that registered players can receive at Coldbet is the sportsbook welcome bonus. Refunds, free bets, and reload bonuses are also available. One thing that everyone should know is that the sportsbook welcome bonus can’t be combined with the casino welcome bonus. When you’re making your first deposit at Coldbet Casino, you must choose one of the two.
Coldbet Betting Welcome Bonus
Coldbet’s sports welcome bonus will provide you with a 100% match of up to €100 on your first deposit. The minimum required deposit to claim this promotion is just €1. Wagering requirements are 5x, and they're valid on accumulator bets only. Accumulator bets must have at least 3 selections with odds of 1.40 or higher. The validity period of the Coldbet sportsbook welcome bonus is 30 days.
Coldbet Free Bets
I noticed that one Coldbet Casino bonus was able to provide me with free bets. This was a no deposit bonus that I received for downloading the Coldbet mobile app. Even though the free bets were awarded without the need for a deposit, there was one condition. I had to download the app and place 10 bets from the app itself to receive the free bet. The only bets that Coldbet considers valid are:
- Single bets with odds of 1.30 or higher
- Accu bets with 2+ selections, each of which has odds of 1.20 or higher
The free bet’s amount is equal to the average stake of the 10 bets that you make via the mobile app. To be able to withdraw winnings with the Coldbet free bet bonus, you must wager its entire amount within 72 hours.
Other limited promotions that may contain deposit or no deposit free bets may be available at Coldbet. That’s why I advise players to keep an eye on the promotions page. For example, at the time of writing this review, I noticed that a bonus that rewarded free bets for those who place wagers on football matches had recently expired.
Coldbet Casino Offers
While inspecting the casino bonuses at Coldbet, I noticed that there are three promotions aside from the welcome package. These were the cashback promotion, the reload bonus, and the Avia-Tuesday bonus. Here’s what I found out about each of them.
Coldbet Casino Welcome Bonus
Coldbet’s casino welcome bonus rewards players on their first four deposits. The rewards are the following:
- 1st deposit: 100% up to €300 and 30 free spins
- 2nd deposit: 50% up to €350 and 35 free spins
- 3rd deposit: 25% up to €400 and 40 free spins
- 4th deposit: 25% up to €450 and 45 free spins
In total, newly registered players can receive up to €1,500 and 150 free spins. The minimum deposit to claim the first deposit bonus is €10. To claim the second, third, and fourth deposit bonuses, you must transfer €150 or more.
Wagering requirements are 35x, and you must meet them within 7 days. The maximum bet while wagering is €5. The free spins are wager-free, and they're valid on the following slots:
- 1st deposit free spins: Reliquary of Ra
- 2nd deposit free spins: Admiral
- 3rd deposit free spins: Juicy Fruits 27 Ways
- 4th deposit free spins: Rich of the Mermaid Hold and Spin
While inspecting the terms and conditions of the welcome bonus, I came across a restriction regarding the bonus spins. The T&Cs state that players who use the following currencies won’t be able to claim free spins: DASH, QTUM, KWD, XMR, OMR, mBT, BHD, ETH, ZEC, LTC, XAU.
Coldbet Free Spins
After thoroughly inspecting the available bonuses and promotions at Coldbet Casino, I didn’t find any additional rewards that included free spins. You can only claim via the welcome bonus.
Reload Bonus at Coldbet
Coldbet’s reload bonus is available every Sunday. To claim it, you must deposit €5 or more during the day. The casino will provide you with a 100% match that goes up to €300. Wagering requirements are set at 30x, but only slots are considered eligible games for meeting the requirements. The maximum amount that you can bet while wagering the bonus is €3. Coldbet’s reload promotion is valid for 48 hours.
Avia-Tuesday Bonus
Avia-Tuesday is available on Tuesdays only, and it provides you with up to 50 spins on Aviator when you deposit €3 or more. Players receive 1 spin for every €1 that they deposit. To claim the bonus in its entirety, you must transfer €50 to your account. Each spin is valued at €0.20, and wagering requirements are 30x. You must meet the wagering requirements within 2 days, but only by playing slots for real money.
Casino Cashback Bonus
The casino cashback bonus at Coldbet is available for all VIP members. The higher your status is in the VIP programme, the bigger the cashback bonus becomes. You start at 5% cashback that's rewarded every 7 days. As you progress, the cashback bonus increases, and it's handed out on a shorter basis. When you reach Diamond status, you receive 11% daily. VIP status members receive a cashback based on every bet that they place, not every lost bet.
Coldbet VIP/Loyalty Program
A VIP programme is featured at Coldbet Casino, and it has a total of 8 levels. These are Copper, Bronze, Silver, Gold, Ruby, Sapphire, Diamond, and VIP. To level up in the VIP programme, you must bet for real money and collect experience points. The more real money you bet, the more you progress and one of the biggest benefits is the increased cashback percentage. It starts at 5%, and when you reach Diamond status, it increases to 11%.
VIP status cashback isn't calculated on lost bets anymore. Instead, Coldbet calculates it on every bet that you place. You receive 0.05% - 0.25% back on every real money bet. As for progressing in the VIP and earning experience points, the exchange rate is the following.
| VIP level | Required XP points | Exchange rate |
|---|---|---|
|
Copper |
0 |
100 XP for every €1 wager |
|
Bronze |
300,000 |
150 XP for every €1 wager |
|
Silver |
1 million |
200 XP for every €1 wager |
|
Golden |
2 million |
250 XP for every €1 wager |
|
Ruby |
5 million |
300 XP for every €1 wager |
|
Sapphire |
15 million |
350 XP for every €1 wager |
|
Diamond |
25 million |
400 XP for every €1 wager |
|
VIP Status |
75 million |
No experience points |
Coldbet Design & UX
I found the design of Coldbet quite decent, even though it seemed like it was all over the place at first glance. All of the game categories, promotions, and sports betting options are located in the top centre menu.
The process of making a deposit is relatively simple, and the home page has a quick link to the providers of the library, making it easy for you to browse games based on who created them. There’s a search bar that allows you to browse titles based on their name.
One interesting addition is that I also noticed the search bar in the terms and conditions page. This is a great way for people to find specific sections of the terms. However, I was a bit sad to see that it was bugged while I was inspecting it. Lastly, it was nice to see that Coldbet Casino featured demo versions of its standard games, which allowed me to test them without making real money bets.
Coldbet Mobile App
While testing Coldbet Casino, I was satisfied to see that the operator had apps for both Android and iOS devices. I was able to download the Android app only and had a fun time testing it. All of the desktop casino services are featured in the app. I had no trouble playing the games, nor did I experience any crashes while playing them. Since the app isn’t featured on the Google Play Store or the App Store, you must manually download and install the APK file.
Coldbet Customer Service
Customer support at Coldbet Casino is available via live chat and by sending an email to [email protected]. If you access the contacts page of the casino, you’ll also notice that there are separate emails to reach out to, based on your inquiry. Coldbet Casino doesn’t feature a FAQ page.
How to Register at Coldbet
I'm always making sure that I pay attention to the smaller details, and the complexity of the registration process is one of them. In the case of Coldbet Casino, I had no problem registering an account as I had to complete these four simple steps. I had the option to register by phone, email, or social media. I chose to register by email.
Step
1
Choose Your Welcome Bonus
Open the official Coldbet Casino website. Click the registration button and choose whether you want to claim the casino or sports betting welcome bonus. You can also proceed without any bonus.
Step
2
Enter Your Email and Password
Enter your email and password. The currency will be automatically chosen for you, but you can also change it if you wish.
Step
3
Activate Your Account Via Email
Coldbet will send an activation link to your email. Open your email account and follow the link to start playing.
Step
4
Deposit and Play
Browse the list of payment methods and deposit funds into your account. If you want to claim the welcome bonus, remember that some currencies are excluded.
Coldbet Payment Methods
Coldbet Casino accepts payments with both fiat and crypto payment methods, but the main focus is on crypto. If you want to deposit funds to your account, you can use VISA, MasterCard, or over 10 cryptocurrencies. The most commonly used cryptocurrencies are Bitcoin, Ethereum, Ripple, Tether, and Litecoin.
Before you can make your first deposit at Coldbet Casino, you must enter and confirm your phone number. You can do so by going to your accounts centre. You can also enter all personal information about yourself while updating your profile.
The minimum deposit amount goes as low as €1, depending on which method you choose. Each deposit at Coldbet Casino is instant, and the operator doesn't charge any fees for these transactions.
You can use the same payment methods to make a withdrawal, with the addition of bank transfers. The minimum withdrawal amount is €5. Withdrawals with VISA, MasterCard and bank transfers have a low maximum limit. You can cash out up to €900 in one transaction. Crypto withdrawals have a very high maximum withdrawal limit – over €100,000.
If you’re using cryptocurrencies to withdraw funds, the casino will process your withdrawal request within an hour. Card and bank withdrawals take longer. Coldbet’s average processing time for fiat options is 5-7 business days.
Is Coldbet Safe?
One of the few disadvantages of Coldbet that I came across was the fact that the operator hadn’t displayed any information regarding its licence. After doing some digging, I found out that Coldbet has a Curacao licence, but the issue lies in transparency because this accreditation should be displayed.
Expert Opinion: Avoid Using Cryptocurrencies if You Want To Claim the Welcome Bonus
As stated in the terms and conditions, the Coldbet Casino welcome bonus isn’t available if you deposit with select cryptocurrencies. Hence, if you want to claim the casino welcome package on your first four deposits, avoid depositing with Quantum, ZCash, Dash, Monero, Litecoin, Bitcoin, and Ethereum. The restrictions also apply to fiat currencies: the Kuwaiti and Bahraini dinar, and the Omani rial.
Coldbet Review Conclusion
Coldbet Casino offers a great hybrid experience for casino and sports betting fans. Both verticals have several bonuses that you can claim, and the casino game library is supplied by many reputable providers, some of which are Evolution, Pragmatic Play, NetEnt, and BTG. Mobile gamers will also find Coldbet appealing as this site features apps for Android and iOS devices and hides a few special bonuses for those who wager via the app.
Frequently Asked Questions
Does Coldbet have a gambling licence?
Coldbet Casino holds a licence from Curacao.
Which payment methods are available at Coldbet?
Coldbet accepts a couple of payment options like VISA, MasterCard, bank transfers, and crypto.
Does Coldbet have a mobile app for Android and iOS?
Coldbet has casino apps that you can download and use on your Android or iOS smartphone.
What is the maximum payout at Coldbet?
Cryptocurrencies have a very high maximum payout limit as it stands at over €100,000.
Is live streaming available at Coldbet?
Coldbet provides live streaming services on basketball, eSports, baseball, football, cricket, and ice hockey events.
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