Jokabet Review: Scam or Safe?

Jokabet is a brand-new casino that did not disclose the name of the company that operates it, or provide any sort of valid license. This is more than reason enough for us to recommend that you do not deal with this casino and choose a more transparent, reliable operator. However, we will give credit where credit is due and say that this casino does offer decent bonuses, a good game library, and a nice-looking intuitive website.

If Jokabet ends up obtaining a license in the future and provides more information about itself, we would gladly recommend it. However, that is not something we can do at the current moment.

Jokabet Bonuses

Jokabet offers some relatively good bonuses to both new and returning clients. The casino also organizes regular tournaments and drops that give players the chance to win great prizes. Another option is to take your chances at the Jokabet Bonus Wheel or complete different missions – this gives you the chance to win prizes ranging from free spins to cash, bonus points, and more.

Jokabet offers a very decent Welcome Package that gives players the chance to get bonuses on their first three deposits of at least €15. All bonuses come with the same wagering requirements – 35 times the deposit plus the bonus – which is quite standard. Keep in mind that you only have 7 days to meet these wagering requirements – that might prove to be challenging in such a short period of time. The maximum bet that will be considered towards the requirements is €5.

• First Deposit Bonus – this bonus grants you a 100% top-up up to €150 and gives you 250 free spins on the Gates of Olympus slot by BGaming. If this slot is not available in your country, you will have a few alternatives – Aztec Magic, Aztec Magic Deluxe, Johnny Cash, Platinum Lightning, and Platinum Lightning Deluxe. The free spins will be credited 50 a day over the span of 5 days.
• Second Deposit Bonus – this is a 55% up to €150.
• Third Deposit Bonus – this bonus adds 100% up to €150 to your account.

The Carry on Crypto promotion allows you to get 20 free spins after you deposit €20 or more in any cryptocurrency.

The casino has a Daily Cashback offer that allows players to recover up to 25% of their daily losses. The exact cashback percentage depends on your account level and the deposits you have made. You can get a cashback of anywhere between 5% (€25 max) and 25% (€1250+).

The Rakeback program comes in 3 tiers – instant, weekly, and monthly. The percentage depends solely on your account level. You start at 7% instant, 2% weekly, and 1% monthly, and could go all the way up to 14% instant, 7% weekly, and 4% monthly rakeback.

Jokabet License

Jokabet is a new casino run by an anonymous operator that failed to prove that it holds any sort of valid license. Although that does not necessarily mean that they are scammers, it certainly means that you as a player would not have any guarantees that the casino is following any security protocols, has met any requirements, or is implementing certain policies to combat money laundering, ensure the safety of your sensitive personal data, or guarantee the fairness of games. Jokabet did state that it offers a variety of responsible gambling tools such as deposit limits, a self-exclusion option, outside resources, the chance for you to track your gambling activity, etc. This is great but it does not necessarily mean that the casino will implement any other vital security policies because, strictly speaking, they are not answering to any financial authority.

The best and safest choice is to play at a casino that is licensed in Malta or the UK, the two countries with the sternest gambling-related legislation. Casinos with licenses from the Malta Gaming Authority (MGA) or the UK Gambling Commission (UKGC) are subject to a number of laws and regulations. The majority of these regulations are meant to protect customer data, prevent money laundering and other types of fraud, and demonstrate the fairness and randomness of games. Casinos in Malta and the UK must also offer a variety of instruments for restraint, including time-out alerts, deposit caps, and other options for self-exclusion.

Another significant regulatory center you might want to take into account is Curaçao. Due to the lack of restrictions and the quick and easy licensing procedures, obtaining a license in this offshore jurisdiction is significantly easier than it is in Malta or the UK. Despite this, numerous reputable casinos operate under Curaçao licenses; many of these companies merely seek to get around the tougher regulations Maltese and UK casinos must adhere to. Simply make sure the gambling establishment you choose is run by a respectable business that holds a license from one of the four independent master license operators responsible for overseeing Curaçao-based casinos.

Restricted countries: Afghanistan, Armenia, Azerbaijan, Belarus, Curaçao, French Guiana, French Polynesia, Gibraltar, Guadeloupe, Iran, Israel, Jersey, Kazakhstan, Korea, North, Kyrgyzstan, Latvia, Lithuania, Martinique, Mayotte, Moldova, Netherlands, New Caledonia, Reunion, Russian Federation, Saint Martin (French part), Spain, Tajikistan, Ukraine, United Kingdom, United States, Uzbekistan, Wallis and Futuna Islands

Languages: English, Spanish

Jokabet Deposit and withdrawal

Currencies: Euro (EUR), British Pound Sterling (GBP)

Jokabet accepts a limited number of payment solutions. You will be able to deposit with your credit/debit card, with the electronic payment solution MiFinity, and in crypto – the casino accepts Bitcoin, Ethereum, Tether, Dogecoin, and Litecoin. Deposits are processed instantly and free of charge – at least as far as the casino itself is concerned. The minimum deposit amount is €15 which means that this is a fairly affordable casino.

Withdrawals can take up to 24 hours to process which means that Jokabet actually processes them quite fast. The minimum withdrawal amount is €50 which is standard. Keep in mind that the casino also limits the amount of money you can withdraw over a certain time period. You would not be able to withdraw more than €2500 per day, €7500 per week, and €15 000 per month. That is, once again, fairly standard.

Before making a withdrawal request, you have to roll over your deposits at least once. This is a very common anti-money laundering policy – most casinos will ask you to wager your deposits 1 to 3 times in order to prevent financial fraud.

Jokabet Games and game suppliers

Jokabet works with over 80 renowned game providers. This means that the casino is able to provide access to a very decent game library featuring a large number of high-quality games that would suit the tastes of different kinds of players. The total number of games, however, was a bit underwhelming.

Game providers: BGaming, Evolution, Onlyplay, PragmaticPlay, Slotmill, Gamzix, Spribe, Zillion, Thunderkick, Spade Gaming, Turbogames, Yggdrasil, Tom Horn, Leap-Gaming, Felix Gaming, Gaming Corps, Gamebeat, KA Gaming, Mascot, Mancala, Fugaso, Swintt, Neko Games, Triple Edge Solution, Pear Fiction, Rabat, Gong Gaming Technologies, Just For The Win, Big Time Gaming, Gameburger Studios, Smartsoft Gaming, Games Global, Aurum, Slingshot, 2BY2 Gaming, PulseB, Spinplay Games, Crazy Tooth Studio, all41studios, Fortune Factory, Switch Studios, Foxium, Gold Coin Studios, Northern Lights, Alchemy Gaming, Snowborn, Neon Valley Studios, Fantasma, Skillzz Gaming, Electric Elephant, Gamevy, Lightning Box, Golden Rock Studios, Infinity Dragon Studios, Ino Games, Red Rake, Old School Studios, Eyecon, Buck Stakes Entertainment, BetGames.tv, Gacha Studios, Storm Gaming, Oros Gaming, Relax Gaming, Print Studios, PGSoft, Hacksaw, ReelPlay, Endorphina, Games Inc, Belatra, Push Gaming, Evoplay, Betsoft, Boomerang Studios, Other

The Slot selection featured some very beautiful games – but the choice of slots was a bit more limited than we are generally used to expect. The casino offers just over 480 games – whereas many casinos can offer around 2000. Keep this in mind when choosing a casino to play at since the overall variety this one offers seems a bit limited. Some of the titles players will get to enjoy include Alien Fruits, Burning Chilli X, 10 Swords, Book of Kemet, Bonanza Billion, Brave Viking, Beer Bonanza, Aztec Magic Megaways, Avalon: The Lost Kingdom, 100 Zombies, A Night in Paris, and many others.

If you are interested in playing online Table Games, on the other hand, you will not be disappointed – this casino offers over 280. Popular casino-based games like Blackjack, Roulette, Baccarat, and Poker were all well-represented.

The casino also offers a decent selection of more casual, Instant Win, games like Aviator, Crash, Penalty Shoot Out, Minesweeper, Space XY, Plinko X, Football X, Need for X, Limbo Rider, JetX, Mines, Dice, Keno, Goal, Hilo, Rocket Dice XY, It's Bananas, and others.

The Live Casino section was also impressive and featured around 360 games – both casino-based like Roulette, Blackjack, Poker, Baccarat, Craps, etc., and Game Shows – Crazy Time, Snakes N Ladders Live, Mega Wheel, etc. If you are a fan of live dealer events, this casino certainly has you covered.

The casino supposedly also offers a sports betting section featuring both pre-game and live events – but that section would not load. Jokabet might indeed offer access to a sportsbook – but that is something we found ourselves unable to confirm at the moment.

Conclusion

Jokabet is a casino that presented us with a good-looking website and that offers a pretty great game library including many live dealer events and online table games. However, we simply cannot ignore the fact that this is an unregulated casino run by an anonymous operator – which means that player safety is definitely not guaranteed. Despite some good features, we find it hard to recommend Jokabet because of what, in our eyes, are some very significant drawbacks.