Review of Bitspin Casino
Bitspin Casino by Bitcoin.com is a platform we absolutely have to take a closer look at. That Bitcoin.com chooses to use Dama NV’s services when they start their own online casino is no surprise. The reason for that is quite simply that no one has better facilities for running a hybrid casino than Dama. If you are wondering what a hybrid casino is, it is simply explained deposit/withdrawal with both crypto and fiat.
The owners Bitcoin.com is a website that offers all kinds of services for the crypto-interested. Here you will find a crypto exchange for buying and selling crypto-currencies, as well as information, news, educational articles etc. They have been online since 2015, and found out a few months ago that they were going to start a crypto casino . That is why we are here today, and Kingbonus will analyze this crypto-casino, which is therefore a hybrid casino, and has been named BitSpin.
🎁 Welcome bonus | Up to 1 BTC |
🔑 Turnover requirement bonus | 40x |
🎰 Free Spins | 200 |
🎲 Number of games | 800+ |
📝 License | Curacao |
Welcome Bonus BitSpin Casino
Normally, we list the welcome bonus for the first, possibly second and third deposit at the casinos we review. It turns out not to be as straight forward here at Bitspin casino. What you can get in bonus will depend heavily on what you deposit with either crypto or fiat. Therefore, we must sort in the following:
Deposit with Crypto
We use BTC as the reference currency, but you can deposit equivalent values in a whole range of other crypto-currencies:
First deposit with crypto
100% up to 1 BTC + 200 free spins (min. deposit 0.001 BTC ≈ €30)
Other deposits with crypto
50% up to 1 BTC (min. deposit 0.001 BTC ≈ €30)
Third deposit with crypto
60% up to 1 BTC (min. deposit 0.001 BTC ≈ €30)
Or
Big player welcome bonus with crypto
110% up to 1 BTC (min. deposit 0.05 BTC ≈ €1500)
Deposit with Fiat (ordinary money)
First deposit
100% up to €160 + 200 free spins (min. deposit €20)
Other deposits
50% up to €160 (min. deposit €20)
Third deposit
60% up to €220 (min. deposit €20)
Or
Big player welcome bonus
110% up to €2000 (min. deposit €1000)
Bonus Terms BitSpin Casino
All the bonuses are regular sticky bonuses , and the turnover requirement is 40x on the bonus part. Although you can potentially get large sums in bonus (1 BTC), the maximum bet per spin is only €5. Max bet includes doubling of bets (gambling), after a game round is completed, as well as bonus buys. The list of slots that do not count towards the turnover requirement is long, and you will find it updated in the bonus terms.
Live casino counts only 5% against wager.
You have 7 days to complete a bonus.
Free spins
You get 200 free spins on your first deposit, whether you choose a regular or high-player bonus. 20 per day for 10 days, and the machine you get spins on is Candy Monsta from BGaming. Value per spin is €0.10, and max withdrawal/win from free spins is €25 (after 40x wagering has been completed from any winnings).
Other promotions at BitSpin Casino
- Reload bonus on Tuesday. 50% up to €250 (min deposit €45)
- Free spins Friday. Up to 150 free spins when depositing on Friday
VIP/Loyalty
We observe that Bitspin casino has an ordinary loyalty program, where you have to earn progress by playing. Comp points are earned by playing with real money, and are converted into 1 point for every €26.6 spent on slots, and 1 point for every €106.3 spent on live casino/other games. What is specifically required to become a VIP casino member here is not so easy to read up on. We assume that it will happen with a personal invitation.
Cash back
Bitspins Casino chooses a slightly unusual way of calculating cashback. Where other casinos give more cashback to players according to loyalty level, Bitspin gives back based on weekly losses. The more you lose, the bigger the casback percentage you will get. €200 loss in one week qualifies for 2% cashback, and further up to 15% at €1500. All cashback payouts must be traded 5x to turn into real money.
Payment methods
Hybrid casinos normally offer a whole host of different payment methods. Bitspin is no exception here, and we register Visa and Mastercard, crypto (of course) and various e-wallets. What you need to be aware of is that available deposit methods vary depending on your wallet currency.
Withdrawal
In general, withdrawals will always return to the same method you used for deposits. At Bitspin we find many different withdrawal methods, and bank transfer is available for card deposits.
The withdrawal limits of Bitspin are stated in € , and will depend on your VIP level.
- € 7500 per week
- € 15,000 per month
- If you win more than € 50,000, the payout can be divided into monthly installments of a maximum of € 50,000 until the entire amount is paid out.
Games and game developers
We are used to the Dama NV platform offering an enormous amount of game developers and slots. That’s why we got a little excited when we look at the selection for Bitspin Casino. We only find 16 providers, and less than 800 slots and slot machines.
Live casino / table games
Evolution Gaming, Ezugi and Playtech represent the selection in the live casino.
Customer Service BitSpin
Live chat is open 24/7, and email can also be used to contact customer service.
Design and ease of use
The site for Bitspin Casino is available in severa different languages, but translations seem to be lacking in accuracy.
Verification
Those who play at pure crypto casinos are not always as used to KYC and verification. Here at Bitspin, you just have to jump in and upload your documents right away. It has nothing to do with the crypto world, on the other hand, it is the guidelines of those behind the platform that the casino uses.
License
Dama NV which is responsible for the gambling license used by BitSpin is governed by Curacao . Dama NV has an enormous number of casinos in its portfolio, and we can easily name the most famous for Kingbonus, which are Winnig , N1bet, Let’s Lucky + many more.
Overall impression
There is undoubtedly something different to deal with here. The Bitspin Casino concept seems very convincing as a product of Bitcoin.com. But really we are left with the feeling that they could have profitably stuck to crypto-exchange and information. Because as a gaming platform, Bitspin is nowhere near what we expected. If you are going to run an online casino, the first order is that you have slots and game developers that people want to play. With only 16 providers, and just over 800 machines, Bitspin falls short.
Frequently Asked Questions
You can deposit with regular money if you use Visa/Mastercard or e-Wallets, in addition to lots of different crypto alternatives.
The well-known crypto exchange Bitcoin.com is behind Bitspin casino. They use Dama NV’s platform and gambling licenses to offer the casino.
Bitspin is what we call a hybrid casino, with the possibility to deposit/withdraw with both crypto and normal money. So it is by definition not a 100% crypto casino? No.
Yes, you can easily choose which currency you want to open a wallet in. This applies to both fiat currency and crypto currency.