mBit Casino

mBit casino Review

mBitcasino is one of the oldest and most well-known crypto casinos out there. With the growing interest in crypto casinos, it is surely becoming one of the not-so-many go-to solutions for anyone interested in this type of play. With their bonuses, broad and varied collection of games, generous bonuses, and promotions, they are definitely seeking the attention of curious players.

Accepted currencies & payment methods

mBitcasino accepts a variety of cryptocurrencies: BTC (Bitcoin), BCH (Bitcoin Cash), LTC (Litecoin), ETH (Ethereum), DOGE (Dogecoin), and USDT (Tether). As you might already know, you will need a crypto-wallet in order to make deposits and withdrawals using one of these tokens. There are no other payment methods, such as NETELLER and Skrill, available on the website, as it is a crypto-only casino. Also, bear in mind that you cannot exchange currency on-site.

Deposits & Withdrawals

Minimum deposit amounts are as follows: 0.0002 for BTC, or the equivalent in the cryptocurrency of your choice. Depositing amounts below the mentioned will be lost permanently and you will have no way of retrieving the funds.

When it comes to withdrawal, the minimum cash out is 0.0002 BTC, or the equivalent amounts in any of the accepted cryptocurrencies. Keep in mind that if you try to withdraw more than 10 BTC, mBitcasino has the right to divide the withdrawal into 10 portions, paid every month in the span of 10 months, until the full amount is paid. Also, the maximum withdrawal a player can make in a 7-day period is no more than 3 BTC, or the equivalent in the cryptocurrency of your choice, while within a 30-day period, the overall total is 10 BTC.

All of your deposits will be coming with a 3x wagering requirement, meaning you will have to place for a total of 3x the amount of the deposit before you are allowed to make a withdrawal. For example, if you were to deposit 0.1 BTC, you'd have to make bets that sum up to 0.3 BTC. Aside from that, the casino has the right to ask you for proof of identity using a photo of ID or Passport, proof of address, or even utility bills.

After making the withdrawal request, it can take up to 72 hours for the casino to approve it, after which it can take up to 24 hours for the funds to arrive at your crypto-wallet, although the average waiting time is only a couple of hours.

Bonus deals and promotions - wagering requirements.

There are three deposit bonuses, one for each time you make a deposit, up to the third one. You only need to register at their website and deposit any of the supported cryptos. The initial bonus is 110% worth up to 1 BTC, with the addition of 300 Free Spins. After that, the second bonus goes down to a 50% match of up to 2.5 BTC, while the third bonus turns things up a notch with a 75% match of up to 1.5 BTC. All these bonuses come with a 35x wagering requirement.

Additionally, you will find promotions bringing you additional bonuses, cashback, and reloads. During the weekend, for example, you will be able to benefit from a potential 100% match bonus of up to 2.5 BTC, or equivalent in another crypto, once per day, each Saturday and Sunday respectively, depending on your VIP level. This bonus comes with a 35x wagering requirement.

Another one is the three reloads you can get, 10%, 20%, and 30%, each Wednesday and Thursday depending on the size of your deposit, making 6 reloads in total for these two days. These bonuses come with a 40x wagering requirement.

And finally, you have the cashback bonus that is available every day and goes up to 20% match of your losses, depending on your VIP rank. The wagering requirement for this bonus goes from 5x up to 35x, VIP dependant.

You will be able to greatly benefit from the VIP program, with prizes such as a personal VIP manager, exclusive bonuses, increased bonuses from promotions, loyalty points, and personalized rewards. You start off level 1 and need 3 Status Points (SP) in order to reach level 2. One SP is worth 0.25 BTC placed in the form of bets. If we were to compare this VIP system with some of the casino's competitors, we'd find out that it is quite hard to climb the ladder in mBitcasino.

License

mBitcasino is a company established and registered under the laws of Curacao and is owned and managed by Dama N.V. Curacao is not famous for being the most secure regulator, but don’t think of it too much, as most crypto casinos are also under the Curacao license. Other licenses such as the one MGA and UKGC provide are way safer, but they are rarely available to crypto casinos, so owners have practically no choice, but to go for the Curacao license. However, we still recommend getting familiar with the Terms & Conditions of every crypto casino you plan on staying, before making any financial decisions.

Types and number of games available

This is where mBitcasino shines the most! They take pride in their virtually endless supply of games, and specifically, their expansive collection of slots. With more than 2000 games it is almost certain you will never run out of try-outs.

The casino offers the latest video slots, as well as the traditional 3 and 5 line slots. Ranging from low to high limits, starting with a wager as tiny as a fraction of a Bitcoin, according to the website, you could go for a 1 BTC or hundreds of BTC wager per spin. mBitcasino also believes that this is one of the reasons why a lot of their player base keeps coming back. We decided to test that and create an account looking for the maximum total bet you could make in one of their most popular slot games – Avalon. The maximum bet we managed to make was 1.5000 mBTC, or 0.0015 BTC.

All of the most popular Video Poker options can also be found here. Those of you who are familiar with Video Poker, definitely know the thrill of hitting that Four of a Kind on the first draw, or going straight into the Straight Flush, or why not even Royal Flush? And same as the slots, there are limits with the maximum initial bet, which are around 0.0120 mBTC that can be multiplied twice by 2x, for a maximum bet of around 0.0480 mBTC.

Of course, the time has come to talk about the well-known Table Games that everyone loves. The high-paced action allowing players to go through hundreds of hands is what makes them so special. mBitcasino does not disappoint with the variety they have on this one as well, some examples are Blackjack, Roulette, Casino Hold’em, and Sic-bo.

Live Dealer games are something that the modern online gambling world cannot do without. Here, you can play with a real dealer, dealing from a real, operational casino. The cards and dices are scanned via chips, making for 100% fair and secure play.

Mobile Support

Whether you are at home or on the go, you can always rely on mBitcasino. The best part is that you won't even have to download a dedicated application on your mobile device in order to play. All you need to do is access their website, and you will be allowed to play all of their games, just as you would do through a regular desktop device.

Customer support

If at any point in time you run into any issues with the website, or you simply have a question, do not hesitate to contact their support team by either chat or email. They also have an expansive FAQ section.  All of these can be found on the bottom right-hand corner of the screen and appear to be available 24/7. They would usually reply to your query in a matter of minutes, as stated in the support chatbox.

Conclusion

As one of the biggest crypto casinos out there, mBitcasino somewhat disappoints. The high wagering requirements, as well as the lack of updates in some of the sections, and the expensive VIP system are just part of why we think there are better casino options. Aside from that, the initial bonus, the wide array of games and game categories, and promotions are actually well developed.