Herake Review – Scam or Safe?

Herake is a new casino – and while it is always exciting to check out new brands, there multiple reasons why we cannot recommend this establishment. They are unregulated and mostly anonymous which is a huge enough of a red flag. What is more, this house only offers one humble bonus that did not come with very specific conditions. The only payment option players will get to use is crypto.

As a whole, this casino is a very poor playing option for most players – we would recommend that you opt for someone more reliable instead.

Herake Bonuses

Herake only offers one bonus – a Welcome Bonus that came with very unclear conditions. This is very disappointing – most casinos offer a far better variety of bonuses including whole Welcome Packages, Reload Bonuses, Cashback offers, Free Spin promotions, Referal Bonuses, Seasonal Promotions, etc.

The bonus-related conditions surrounding this casino's Welcome Bonus were not very clear. It was not specified, for example, what the minimum required deposit is. No information was provided about essential conditions like wagering requirements, cash-out limits, maximum bet limits, etc. All we learned was that we will get a top-up of 100% up to $250 as well as 100 free spins if we choose to accept this bonus.

Herake License

Herake is operated by a company called DvG Capital B.V. This seems to be a new casino operator that has not been on the market for very long. That might explain why Herake seems to be unregulated at the current moment.  It is mandatory for all licensed casinos to have a digital license seal in the footer section of their website, which facilitates easy license tracking. We could not find such a seal anywhere on this casino's website. Even though there was a license section, it turned out to be empty.

Unregulated casinos are not always unreliable or scammy. But such houses are not under the supervision of any regulating body, and they are not obligated to put in place safeguards that protect customer information, prevent money laundering, or provide options and tools for responsible gaming.

It is rare for regulated casinos to be like this. In terms of internet gambling rules and regulations, Malta and the UK are thought to be the most stringent. To ensure that players are treated fairly and that the games are entirely random, a number of rules and regulations are implemented. UK and Maltese casinos must offer players a variety of tools and resources for responsible gaming, like personalized deposit caps, time-out notifications, outside resources about gambling addiction and how to treat it. Such casinos use cutting edge encryption technology to safeguard player data. This is important as you will be providing them with a lot of delicate personal information. Financial fraud and money laundering are prevented by a number of laws. All games have to pass an unbiased evaluation by an outside party, which ensures that the games are fair and random. To make sure of that, random number generators, or RNGs, are typically employed.

Curacao is another country that has become a favored regulatory center in recent years. This offshore jurisdiction's licensing procedure is far quicker and simpler than that of Malta or the UK. Online casinos are not directly governed by the local government; instead, four master license operators who have been granted licenses are responsible for managing complaints, monitoring compliance with rules and regulations, and supervising the operations of online casinos. Operators holding a Curacao license are required to follow certain rules in order to ensure security and equity. Casinos must show that they can maintain the necessary technological infrastructure, and every game must be randomly and impartially audited. Although privacy and anti-fraud measures are crucial, responsible gaming is not given the same importance as it is in Malta and the UK.

Even though Curacao is home to a lot of top-notch casinos, we still recommend that you do your homework and look up player reviews online. There are some casinos regulated there that are slightly more on the shady side. Still, working with a house that is regulated in Curacao is a much better option that opting for one that is completely unlicensed.

Restricted countries: Aruba, Australia, Austria, Bonaire, Sint Eustatius and Saba, France, Iran, Iraq, Netherlands, Sint Maarten (Dutch part), Spain, United Kingdom, United States, United States Minor Outlying Islands

Languages: Arabic, English, French, Japanese, Korean, Portuguese, Russian, Spanish, Turkish, Vietnamese

Herake Deposit and withdrawal

Herake only accepts deposits made in crypto. This might be convenient if this is your preferred payment method anyway. A lot of players that prefer more conventional payment solutions, however, will find this a bit restrictive. Most casinos offer more options and would allow you to deposit with credit/debit card, via wire transfer, with prepaid vouchers like Paysafecard, or electronic payment solutions such as Neteller, Skrill, MuchBetter, MiFinity, etc.

The minimum deposit this casino requires is around $10 which is very affordable. Deposits seem to be processed instantly and free of charge.

The minimum withdrawal amount is a bit high – $50 – but still within the realm of the standard. Withdrawals are processed within 2 business days which is also average. What is impressive is that the casino actually has very high maximum withdrawal limits. Players can withdraw up to $10 000 a day, and $50 000 a month. Finding such high withdrawal limits is generally not very easy.

Something we found bothersome and rather unusual is the fact that the casino had limits on the maximum amount of money a player can win in a day. You can never win more than $100 000 over a 24-hour period with this casino. This is rather unusual – very few fair casinos have such winnings limits for players.

Currencies: US Dollar (USD), Euro (EUR), XRP, Tether (USDT), Binance Coin (BNB), Bitcoin (BTC), USD Coin (USDC), Shiba Inu (SHIB), British Pound Sterling (GBP), Japanese Yen (JPY), Ethereum (ETH), Dogecoin (DOGE), Canadian Dollar (CAD)

Herake Games and game suppliers

Herake works with a ton of established game providers. This is one of the few good things about this casino – they can provide access to a large variety of good games. You can decide for yourself if working with a shady casino just because of their decent game library is worth it. We would like to point out that there are plenty of safe, reliable casinos that offer access to a very good variety of great games – maybe check some of them out before opening an account with Herake.

Game providers: 1x2gaming, 3 Oaks, 7Mojos, PragmaticPlay, Nolimit City, Hacksaw, Endorphina, Habanero, Tom Horn, GameArt, Triple Cherry, OneTouch, Slotmill, Thunderkick, Smartsoft Gaming, Iron Dog Studio, Red Rake, Blueprint, Kalamba, Real Time Gaming, Spearhead, Kiron, Fantasma, Red Tiger Gaming, NetEnt, Skywind, Quickspin, Mascot, Evoplay, ELK, Platipus, Gamzix, Revolver Gaming, Wazdan, Print Studios, Mr Slotty, TrueLab, Betsolutions, BGaming, Fazi, TPG, Games Lab, Felix Gaming, NetGaming, Funta, Fugaso, Zeusplay, Funky Games, Mancala, Cool Games, Apollo Games, CQ Gaming, Big Time Gaming, Microgaming, Onlyplay, CT Interactive, Turbogames, Amigo Gaming, RubyPlay, Espresso Games, Boldplay, Playtech, Amatic, Yggdrasil, Caleta, BetGames.tv, PGSoft, Evolution, Ezugi, Vivo Gaming, Leap-Gaming, Golden Race, Virtual Generation, Other

• Some of the Slots the house offers include popular titles like Gates of Olympus, Sugar Rush, 5 Lions, Sweet Bonanza, Big Bass Bonanza, Big Bass Splash, Master Joker, Madame Destiny Megaways, Clover Gold, Starlight Princess, Zeus the Thunderer, Mustang Gold, Wolf Fang, etc.
• Herake also offers a great variety of online table games. You will get to enjoy multiple versions of your favorite casino-based games like Roulette, Blackjack, Baccarat, Sic Bo, Bingo, Dice , Keno and Poker.
• If you are interested in Virtual Games, the casino has you covered with options like Virtual Soccer, Spain League, Keno Deluxe, Platinum Hound, Dashing Derby, Virtual Tennis, etc.
• The Live Casino section also offered an far less impressive experience. Players can enjoy different live versions of their favorite casino games like Blackjack, Poker, Dice and Baccarat, as well as a few Game Shows like Cash or Crash, First Person Dream Catcher, and Dice Duel. However, the total number of games was a bit more limited than we would have liked generally.

Although Herake's game library generally seemed decent, we do not consider it reasons enough to opt for such a shady casino. Moreover, they do not offer a lot of Live Dealer games which will surely disappoint some players. Sports betting was not an option either.

Conclusion

Herake is an unregulated casino that has very little to offer to players looking for safety and good playing conditions. The casino does offer an alright game library but we were not impressed either by the bonuses, or the payment options. Moreover, the casino's payment policy did not seem very fair to players overall. There are much better casinos you could be playing at – do not waste your time on this shady enterprise.