Cobra Casino

Cobra Casino Review

Cobra Casino is one of the newer additions to the Dama N.V. family, which you might have already heard about, as they own some of the most well-known crypto casinos such as KatsuBet, Bitcoin Casino, Winz, BitStarz, Bitkingz, Slotum, GreenSpin, and more. They also work with some of the leading game developers to provide a wide variety of games. The welcome bonus is a great attraction as it is split into fiat and cryptocurrency bonus. The well-organized look and intuitive design will help you get used to the way the casino works in minutes, and the accepted currencies and payment methods will allow for quick deposits and withdrawals.

Accepted Currencies & Payment Methods

Cobra Casino works with both crypto and fiat currencies. The currently accept cryptocurrencies are BTC (Bitcoin), BCH (Bitcoin Cash), ETH (Ethereum), LTC (Litecoin), USDT (Tether), and DOGE (Dogecoin). You can also use EUR, USD, AUD, CAD, NZD, NOK, PLN, RUB, JPY, KZT, INR, BRL, and HUF as fiat options.

For crypto transfers you will need to use a crypto wallet, or, if you prefer using fiat currencies, you will be able to choose from Mastercard, Visa, Maestro, Neteller, Skrill, ecoPayz, Yandex, Paysafecard, Alfa Click, Sticpay, Interac, Neosurf, iDebit, Venus Point, Siru Mobile, Purplepay, and bank transfers.

Deposits & Withdrawals

The minimum deposit amount depends on the cryptocurrency and the payment method for fiat currencies you choose. For example, the Bitcoin minimum is 0.0001 BTC and the Ethereum minimum is about 0.01 ETH. For all payment methods, the lower deposit limit is $10, which is standard for most crypto casinos.

The minimum withdrawal amount for all cryptocurrencies is the same as the minimum deposit amount so you won't have to worry about winning too much before being eligible to withdraw. For the fiat payment options, the lower limit is $20. Overall, both the deposit and withdrawal limits fit well within the current standards of the crypto casino industry.

Before making any withdrawal requests, it is possible that you will have to confirm your identity and address, by ID or Passport, and a bank statement proving your previous transactions as the casino keeps that right. There is also a wagering requirement of 3x, meaning you will have to play the deposited amount 3 times over, before becoming eligible to make a withdrawal. For example, if you deposit $100, you will have place bets for a total of $300, before withdrawing the funds.

The payout speed could depend on a couple of factors. The first is how long it will be until Cobra Casino's financial team will approve your request, which can take up to 72 hours. The second is, if you are using cryptocurrency, how long the verification of the transaction will take on the blockchain, which usually takes between 1 and 24 hours. And third, it will depend on the payment method you choose for fiat currencies, which can also take up to 72 hours.

Bonuses

Cobra Casino's welcome package comes in two parts. The first part is 3 bonuses for the first 3 fiat currency deposits, and the second part is 3 bonuses for the first 3 cryptocurrency deposits. The first fiat currency bonus is 100% up to $500 + 250 Free Spins. The second is 50% up to $150 + 50 Free Spins, and the third is 125% up to $400. For cryptocurrencies, the first bonus is 100% up to 0.15 BTC + 250 Free Spins. The second bonus is 50% up to 0.25 BTC + 50 Free Spins, and the third one is 125% up to 0.1 BTC. All of these bonuses come with a 40x wager requirement.

There's also a Highroller Bonus of 30% up to $1000 for those who like depositing more and it is available twice per month. The minimum deposit amount for this bonus is $300. This one also comes with a 40x wagering requirement.

Every Tuesday you will be able to get some Free Spins, depending on the amount you deposit. For deposits between $25 and $49, you will get 25 Free Spins, for those between $50 and $99 you will be getting 50 Free Spins, and for the ones above $100, you will get 100 Free Spins. Same as the rest, a 40x wagering requirement applies.

The most unique promotion in Cobra Casino is probably their Birthday Bonus which is 100% up to $150, and also comes with a 40x wagering requirement, which is available for the first deposit you make on your brithday.

The VIP program in Cobra Casino is quite interesting as it consists of 4 different levels which grant you different rewards. In order to reach Level 1 - Newbie, you will have to accumulate 100 points, for Level 2 - Talented, you will have to get to 1000 points, for Level 3 - Experienced, you will have to get 5000 points, and for Level 4 - Master, you will have to get 10000 points. When we consider that 1 point = $20 in bets, you will have to bet $2000 for Level 1 and $200 000 for Level 4. You will be eligible for prices such as Cashback, Free Spins, and Bonuses.

License

Cobra Casino is owned and operated by Dama N.V, which is registered under the laws of Curacao, and as such, the casino owns its license. Some people are not very fond of this license, but we must take into consideration that this is the only license crypto casinos can go for, due to the fact that the more reliable regulators such as MGA and UKGC rarely license these casinos. However, it is not a bad idea to go through the Terms & Conditions, before making any financial decisions.

Games

Cobra Casino has a nicely organized game library with more than 2500 games, provided by some of the biggest game developers like NetEnt, Play 'n' Go, Spinomenal, Microgaming, Mr. Slotty, Yggdrasil, Playson, Endorphina, and many, many more. You will find an abundance of Slots, Live Casino, Table, and Dice games, filtered by New, Popular, Recommended, and Jackpot, in order to allow you to find the most suitable games for you. If you already have a game in mind, you can also use the search bar to look it up.

You will find some of the most popular Slot games like Book of Dead, Valley of the Gods, Midas Golden Touch, Neon Rush, Nikola Tesla's Incredible Machine, and more. This is the section where you will find most of the casino's games located as well. There are 3 and 5 reel slots, jackpot slots, slots with different bonuses, different settings, and scenarios, slots with different speeds, and slots with different betting amounts allowed.

For Table Games, you will find the most popular ones such as Blackjack, Baccarat, Roulette, Dice Games, Sic Bo, and Poker, which you will enjoy, if you are looking for more traditional games. You will also find all kinds of different varieties of these games.

This directly leads us to the Live Casino section, where you will find the same games as the aforementioned ones, but this time, all of them will be operated by a real-life dealer, streamed directly to you. This is for those who enjoy the feeling of a real-life casino but also do not wish to sacrifice the comfort of their home for it.

Mobile Gaming

Cobra Casino has a well-optimized mobile version of their original website for your iOS and Android devices, so you won't have to download any applications through the App Stores. This allows for wireless play from wherever you want, whenever you want. Just keep in mind that you will need a stable internet connection in order to avoid any gameplay disturbances and potentially lose funds.

Customer support

You will be able to get in touch with the customer support team 24/7 through the little chatbox at the bottom-right corner of the website with any queries you might have. The response time of the agents is very fast and competent, so you won't be waiting too long. You will also be able to write down an email if you do not have the time to wait for a reply.

Conclusion

Cobra Casino is proving to be a great place for players, whether experienced or not, due to the neat organization of the website, game sections, flexible and convenient payment options, accepted currencies, and bonuses. You will definitely be able to gain from the loyalty program as well, if you are a player who prefers staying at a single casino, rather than playing at more than one casinos at the same time. The only thing that might worry some people is the Curacao license, but as we said earlier, this is due to the fact that the more reliable regulators, rarely work with crypto casinos.