BetSpino Review: Scam or Safe?

BetSpino is a brand new casino with a license issued in Curacao, so by all terms, it should be considered a safe gaming house – we always put licensed casinos before unlicensed in our ranking system. BetSpino also offers slots by some of the best gaming studios, so pretty much it checks all the marks for a casino worth visiting. In the following review, we'll delve deeper into it, checking the bonuses, the license, the deposit/withdrawal system and the gaming library so that you can have all the details you need to know about BetSpino. That said, let's see some bonuses.

Languages: English

Bonuses

The bonuses offered by BetSpino are not the best, we shall say that straight from the very beginning. They have a convincing welcome package for the first three deposits, so generally, BetSpino is a good place for new players. We can't say the same about existing players, however. The thing is that BetSpino doesn't have reload match bonuses, so if you have already completed the welcome package, you won't have the chance to get additional cash. That's certainly a downside, and you should know it. Let see each and every promo, now.

First Deposit Bonus – for new players and their first deposits only. The prize is 100% up to €300 and unlocks with a deposit of €20 or more – a pretty standard promo, actually. The wagering requirement is 40 times, while the cash-out limit is 10 times the bonus. In the ideal case, when you claimed the maximum possible bonus, you will have a cap on withdrawable limit at €3000 – not bad, actually.

Second Deposit Bonus – the second part of the welcome package has the same deposit requirement – €20. The prize is 50% up to €500. The wagering requirement is dropped to 35 times the bonus, while the cash-out limit stays the same – 10 times the bonus or €5000 for this particular event.

Third Deposit Bonus – the last part of the welcome package is all about free spins. With a deposit of at least €20, players get 120 free spins on the very popular slot Gates of Olympus by PragmaticPlay. The wagering requirement once again drops – to 30 times, while the cash out limit is still 10 times. The problem with the latter is that BetSpino doesn't reveal value spins, so you won't know how much is the winnings cap unless you deposit and wager the prize.

Nonetheless, the promos is pretty good. The total prize is up to €800 and 120 free spins for the first three deposits. It's worth giving it a try, but make sure to keep the most important rule – play responsibly.

Cashback and Rakeback – this one is a combination from cashback and rakeback that largely depend on players VIP status. What we didn't fancy is that the event is poorly promoted. Two separate promotions are advertised, while there is only one, and on top of all that, the rakeback announcement is practically devoid of any TCs. That's not a fundamental problem, but we always like it better when casinos are top-notch up to the smallest detail.

Anyhow, the max prize players can get is 20% cashback and 15% rakeback. The difference between both is as follows: the cashback is a percentage of losses for some period, while a rakeback is a percentage of casinos' profits and it doesn't matter whether you win or lose. Consider this. You wager in a slot with a 95% RTP. For each €100 wagered, the casino makes a €5 gain. Take 15% of those €5, and that's the rakeback you get (€0.75 in the particular case). Unfortunately

The max cashback a player can get is 20% up to €20 000, but it applies for highest VIPs, and require a lot of wagering. The lowest possible (VIP level Lucky) is 3% up to €30. What we didn't fancy about this promo, however, is that the size of the prizes is subject to contradictions. The problem is that different pages state different details – the promo banner guarantees 5% cashback for newbies, while the Bonus TCs state 3%, as we already noted it. Once again, we caught BetSpino being negligible to details, and we don't like that at all.

As for the rakeback, the lowest possible is 10% with no maximum cash specified.

Telegram FS – this one isn't specified properly either. In this promo, players should get to Telegram and do some things to gain free spins for wagering, with no deposit required. Any further conditions aren't revealed.

License

BetSpino is licensed, which is the very best aspect about this casino. We always give it a thumb up for casinos that respect laws and international standards, and make the necessary to prove themselves legit. Namely, BetSpino is owned by Casbit Group N.V. and authorised by Gaming Curacao in the Caribbean Island of Curacao. With the authorisation seen above, BetSpino has the legal rights to offer casino and sportsbook products to players around the world. The license excludes certain countries, and the casino also adds some to the list. You will see all excluded places at the bottom of this section, but now, let us share a few words about Curacao regulation, as it's really distinctive.

Online casinos and bookmakers in Curacao are not licensed and regulated by the local gaming authorities directly, but four independent companies do so on behalf of the government – Antillephone, E-Gaming, CIL and Gaming Curacao. Each licensor company is responsible to sub-license and supervise online casinos, which guarantees that all rules and regulations are followed strictly. It is often viewed that the supervision in Curacao is not as strong because of this approach, but certain benefits are there, as well. The capacity increases since there are four licensors instead of only one, and the overall procedure is seen as more efficient. Also, the licensing process and subsequent control become cheaper and quicker, which gives more flexibility to casinos. So, if you’re looking for a casino with extra bonuses and possibly a bigger choice of slot games, you might want to pick one licensed in Curacao.

And here are the aforementioned restricted countries. Keep in mind, though, that some gaming providers impose their own lists with territorial restrictions, so if by chance, a slot is not available particularly for you, it's probably not the casino to blame for.

Restricted countries: American Samoa, Aruba, Australia, Belgium, Bonaire, Sint Eustatius and Saba, Curaçao, France, French Guiana, French Polynesia, French Southern Lands, Guam, Korea, North, Netherlands Antilles, New Caledonia, Portugal, Saint Martin (French part), Serbia, Sint Maarten (Dutch part), Spain, Ukraine, United Kingdom, United States, United States Minor Outlying Islands, Virgin Islands, U.S.

Deposit and Withdrawal

Currencies: Euro (EUR)

The deposit policy of BetSpino is generally very good. They announce plenty of funding methods available for players, which is a positive feat. That said, the payment systems available for use was reduced to just one – credit/debit cards.

The minimum deposit is just €20, which is more or less the standard for the gaming industry. The maximum one-time transaction size will depend on the payment method, but generally, up to €5000 are accepted per day. Each deposit is free and instant.

The withdrawal policy is less good, however. The minimum withdrawal is €40, which is somewhat high, given that the industry standard is €20. The maximum single withdrawal is unknown, but it will be anyhow capped by the withdrawal limits: €5000 per day, €10 000 per week and €20 000 per month. The withdrawal requests processing is free of charge.

Speaking of processing, BetSpino makes sure to carry out this task within 48 hours, which is a standard processing time.

Before a withdrawal, however, players should wager their deposits once, which is the so-called rollover requirement – a gaming and AML condition imposed by literally every casino. The standard is from 1 to 3 times, so BetSpino easily fits in at the lowest. Good for them!

Lastly, there are the inactive accounts to discuss. According to TCs an account becomes dormant after 6 months no log in and will be charged €10 per month – a standard condition, so you shouldn't worry about it. It's a perfectly fair policy.

Games and Game Suppliers

Game providers: PragmaticPlay, Wazdan, BGaming, Spribe, Yggdrasil, Spinomenal, Evoplay, Hacksaw, Smartsoft Gaming, Thunderkick, Gamebeat, Betsolutions, 3 Oaks, Booming Games, PGSoft, 1spin4win, Leander, Mancala, NetGame, Tom Horn, Swintt, Playson, Gaming Corps, KA Gaming, Mr Slotty, Belatra, Fugaso, Igrosoft, Lucky, Mascot, Nucleus, Platipus, Other

Considering gaming, BetSpino doesn't work with very many providers, but on the other hand, each supplier is a top name in the industry, so all games offered are of the highest quality – tested and proven.

Have a look at the new slots found in the library: Demon Pots, Benny the Beer, Twilight Princess, Return of the Green Knight, Rainbow Reels, Piggy Blitz, Burning Slots 100, Gravity Bonanza, Immortal Ways Pinata, Wolf Fang – Supermoon, Cash The Gold, Space Donkey, Fruits Craze – On Ice, Big Bass Crash, 777 Coins, Destino Das Almas, Holidays Joker – Halloween, More Turkey, Titan Strike etc.

Expectedly, BetSpino offers plenty of Live Casino games, and here are some popular live shows: Vegas Ball Bonanza, Gravity Sic Bo, Snake & Ladders Live, Wheelbet, Sweet Bonanza CandyLand, Baccarat Classic, Boom City, Crazy Time, Gravity Roulette, Mega Roulette, Lightning Roulette, Mega Wheel etc.

Conclusion

BetSpino is a new online casino we had fun to review. In summary, it checks all significant marks, so we can fairly say it's a good casino. The house is licensed in Curacao, so it's legitimate and players should expect safe and fair gaming experience. BetSpino offers a good amount of games, with the best slots being included – Gates of Olympus and Aviator are just two to mention. On the downside, the bonuses could be better and some of the TCs could be revealed properly, but those are not so significant problems. BetSpino is a good place for wagering and it has the potential to become even better if it improves in some areas.