NagsBet Review – Scam of Safe?

NagsBet is a relatively new online casino established under the laws of Malta in late 2023. The company that stays behind it is also licensed and regulated by the Malta Gaming Authority (MGA) and that’s a huge plus, since this jurisdiction is one of the strictest around the globe. This being said, it’s already crystal clear that NagsBet comes with solid client protection and an overall high safety index.

On the flip side, the services and offerings here are more or less average in our opinion. You can find an attractive range of promotions, but the rewards are rather modest, plus that there are some high wagering requirements. The payment methods are also decent but nothing more – there’s a nice variety of them in general, but in fact only a few are actually available for different locations. Not to mention that the minimum withdrawal amounts are not specified at all. And it’s more or less the same when it comes to the gaming library. Even though the casino collaborates with a fairly good number of software developers, the range of games is actually mediocre – there are a lot of trendy Slots, but a very few Table games or Live casino activities. The good news is that a lavish Sportsbook is available here, so things seem to be 50/50 at this point.

All in all, NagsBet seems like a pleasant spot to enjoy your favorite games with a piece of mind, despite some of its flaws. Yet, let’s explore it in detail before making a final verdict.

Bonuses

Down below you can see all the promotional campaigns available with NagsBet at the time of writing. The first thing that comes to mind is that no Welcome bonus seems to be available here, which is quite unusual. The other things that are missing are the Tournaments, which are an essential part of any online gambling house.

On the other hand there are a lot of alternatives such as weekly or weekend offers, a cash-back, or just various ways to earn additional points which can then be spent on the Rewards Store. The qualifying deposits are fairly standard or even favorable, but unfortunately there are some high wagering requirements you should know about. Have a look:

The Spinomenal Cash Bounty Leaderboard is exactly what it sounds like – a competition that will give away a total amount of $5000 among three players. In order to enter the event you just have to invest at least $10 with the promo code SPINOMENAL. Then play any or all of the qualifying slots powered by Spinomenal – you have to rank as a top 3 wagering contestant in order to win a cash prize. To be exact the third place comes with $500 of reward, while second place can grant you $2000. In order to get the maximum of $2500 you have to rank at the first place. Everything so far sounds great, especially considering the low entry point – in fact $10 is even lower compared to the common amounts of around $20 so we are happy with it. Just beware that the Leaderboard ends on 29th of February 2024, so you better hurry up and take part in the run for the big prize! Apart from that you should also take into account that playing on progressive jackpot games does not contribute towards wagering. As for the reward itself, it should be granted to your account within 7 days after the end of the promotion. But the best part is that there are no wagering requirements, which means that you can withdraw your winnings the moment you receive them!

Casino Triple Action actually comes with four different offers to choose from. But the best part is that you can benefit from any of the bonuses up to three times till the end of February. On the other hand, they all come with relatively high wagering requirements of x50, which means that you have to make at least 50 turnovers of your deposit and bonus before being eligible to perform any payouts. This is actually a bit more than the standards for the sector – around x30 or x40 to be precise. In addition to that also beware that each bonus will expire 2 days after being credited to your account. In other words, make sure to use it and complete the wagers on time if you don’t want to lose both the reward and all generated winnings from it. Now, let’s see the promotions themselves and some additional conditions:

• You can get a 25% bonus up to $500 if you deposit at least $20 with the bonus code FEB24.
• Next, you can also receive 15 free spins on Love Joker in exchange for a minimum deposit of $10. Also don’t forget to use the promo code FS15.
• A qualifying deposit of at least $20 can grant you 30 free spins on the game Perfect Gems. The promo code this time is FS30.
• A minimum deposit of at least $50 comes with 75 free spins on Court of Heards. The bonus code you have to use is FS75.

As you see, the rewards sound about right, despite not being too generous. Most of them also seem to be with it considering the affordable qualifying deposits. As we already explained, the standard amounts for the sector are around $20 or $30, so most of the requirements here are on point. The only exception happens to be the last promo which requires at least $50, so it’s up to you to decide if the free spins are worth it.
The only downside here is that there’s a maximum cash-out rule – up to 3 times your cash bonus and up to $20 for the free spins offers. This sounds too restrictive and unfavorable, so keep it in mind.

Double Delicious comes with a 25% bonus up to $500 in exchange of at least $10 of minimum deposit. Now, even though the qualifying investment is pretty favorable, the same cannot be said about the reward itself. To be honest 25% is a pretty poor multiplier, so you actually have to invest a fortune in order to even get closer to the maximum cash bonus. To top it off, the wagering requirement is also quite steep – a minimum of x50 turnovers are needed before you can make any cash-outs. But the cherry on top happens to be the maximum you can actually withdraw from this offer – up to 3 times the original bonus value. For this reason we really don’t consider this offer to be a great deal. Yet, here's what else you need to know about it – the Double Delicious is available every week from Sunday to Thursday and can be claimed up to two times during the promotional period. Make sure however to use your prize and complete the wagers within 2 days after being credited to you. Otherwise both the bonus and all associated winnings will be voided.

The Friday Points Boost is a great way to earn additional points which then can be spent in the Rewards Store. In short, every Friday you can make a qualifying deposit of $10 with the promo code FBP – for every mission you complete within 24 hours you get 5 extra points for each.

The Rewarding Wednesday is pretty similar to the previous promotion. As the name suggests, every Wednesday you can invest at least $10 in order to get 1 free spin for the Rewards Wheel for a chance to win rewards points. Also remember to use the bonus code MIDWHEEL. After that, points won will be credited to the player’s account immediately after spinning the wheel.

The Reel Love Leaderboard is another quite interesting and unusual type of offer. This time you have the chance to play any slot games in an attempt to win a cash prize that depends on your achievements. In other words you have to rank in the top ten levels in order to get a prize. The higher you rank, the better the reward! As a start however you need to make a qualifying deposit of at least $10 and enter the promo code RLLB to enter into the promo. Next, you can play any slots you want, just remember that progressive jackpot games do not contribute towards the wagering. As for the cash prizes, they are worth a total of $850 and are shared among 10 winners. The last 10th place comes with $10 of reward, 9th place – with $20, and so on. The higher you get the better the prize, which means that the top three levels feature $100, $200, and a maximum of $300 respectively. The bonus will be credited automatically to your account within 7 days. In addition, the cash prizes don’t have any wagering requirements, which is great as you can cash-out the amount anytime you want.

The Cash-back Weekends is a great way to get up to 15% of your deposit losses back in real money. Just beware that this promo applies only for Table games, including Live dealers games. On the other hand, playing on Slots or any other type of casino or sports game do not contribute towards the offer. Now, back to the point – in order to benefit from this promotion, you need to make a minimum total deposit of at least $25 with the relevant deposit code – MARKER for Roulettes or DEALER for all other non-Blackjack Casino and Live Games. Then just play the relevant Table games and if you aren’t showered with wins, you will get back a percentage of your deposit losses depending on the amount you wagered up to a maximum of $500. This offer is valid from Thursday to Sunday and comes with no wagering requirements, which is just top-notch! As for the refund itself, here’s what you can get depending on the games you play and the amount you wagered:
For Roulettes players wagering up to $499 will receive 10% cashback on their deposit losses. Those of you who wager $500 or more will receive 15% cashback.
When it comes to other non-Blackjack Casino and Live Games, players wagering up to $999 can get 5% cash-back on their deposit losses. If however you managed to wager $1000 or more, then the refund shall be 15%.

The Sunday-Funday comes with a 20% bonus up to $500. Just invest at least $10 with the bonus code SUN in order to qualify for the promotion. Apart from the low entry point the other good news is that you can claim this offer up to two times but only on Sunday. Apart from that the promo is valid from Saturday to Sunday. Again, the wagering requirement is x50, so keep this in mind. Once the amount you have wagered meets or exceeds the wagering requirement, the promotion will end and your bonus will automatically transfer to your real money balance. Just beware that there’s a maximum cash-out limit of 1 time the original bonus value, which is way too restrictive. Overall, we don’t consider this offer to be much of a deal mainly because of the poor multiplier, high wagering requirement, and the unfavorable cash-out rule.

The Rewards Program is full of interesting promotions and chances to get additional perks and gifts. There are different Missions that can grant you more points – for example you have to open an account, make a deposit, and start playing – for each you get 1 point! Apart from that there’s also a Bonus Store where you can spend the points you have for free bonus cash or free spins. As for the VIP program itself, it contains 5 levels and the more points you have the higher you rank up. Unfortunately the exact prizes and privileges for each level are not specified.

In addition, there’s also a wide diversity of Sports offers such as Free Bet Mondays, English Premier League Cash-back, or Tennis Cash-back to name a few.

License

NagsBet is owned and operated by Progressplay Limited, a company established under the laws of Malta and also regulated by the local Malta Gaming Authority (MGA). Here’s a quick and easy way to verify your new casino’s credibility. Just look for the logo of the regulator at the bottom of the page – in this case it’s MGA. Clicking on it will redirect you to the actual license. Here it is:

This fact alone is probably enough to convince any potential player that gambling here is risk-free. And if you are not familiar with the MGA regulation, here are some quick facts about it:

The Malta Gaming Authority is one of the strictest and toughest regulatory hubs around the globe. Together with the UK Gambling Commission (UKGC), MGA also has a cult status in the field just because of its impeccable rules and severe requirements. Gaining an MGA license is not an easy task and in fact just a few enterprises manage to get it.

Probably for this reason there aren’t that many online casinos authorized by it. As a matter of fact it comes with higher regulatory taxes and more requirements towards the game providers which in most of the cases leads to not so generous bonuses and more limited collaborations with game suppliers. As you already saw, the promotions here may be varied but they also come with more or less modest rewards as well.

Still, being regulated by MGA is a big deal for sure, simply because you’ll hardly find an enterprise that is regulated at such a high level. Here are some of the perks:

Your personal data is well protected by advanced encryption technology, so no identity theft or any other deceit is actually possible. Not to mention the multiple measures against money laundering that are mandatory for every licensed house. In this case, NagsBet states that it uses the latest encryption and protection technologies to ensure that your financial information is completely secure.

All games must be provably fair which means that the outcome of each must be absolutely unpredictable and unbiased. In order to achieve that the houses must use random number generators (RNGs) whose job is to ensure the genuine result of the games.

Responsible gaming tools are also an essential part of every reputable casino. This includes deposit limits, session limits, and self-execution options. In this case, as NagsBet points out there are no winning formulas to make you rich overnight. That’s why it’s of utmost importance to create and maintain healthy gambling habits, to budget your money, and play responsibly. The casino in question claims to offer measures relating to deposit limits, wager limits, loss limits and session limits. Just beware that any reduction in the limits will take effect immediately and any increase in the limits will take seven days. In addition, it also offers self-exclusion and cooling off options. In other words, you may completely exclude yourself from gambling for a definite or indefinite period of time. You may also set up a reality check timeframe through the responsible gaming screen. Once set, the time that has passed since you started to play the games within the same session will appear on the screen (the “Timecount ”). Once the Time Count reaches the reality check time frame you have set, you will be prevented from continuing gambling during the same session until you acknowledge you wish to continue playing the games.

This page is accessible in just two languages:

Languages: English, French

And here’s the list of restricted territories – if you are a resident of any of them, then you certainly won’t be allowed to open an account and gamble here:

Restricted countries: Australia, Austria, Belgium, Belize, Bulgaria, Croatia, Cyprus, Denmark, France, Germany, Greece, Hungary, Israel, Italy, Lithuania, Luxembourg, Netherlands, Portugal, Romania, Serbia, Slovenia, Spain, Turkey, United States, Virgin Islands, British

Deposit and Withdrawal

Currencies: Canadian Dollar (CAD), Euro (EUR), US Dollar (USD)

NagsBet works with various payment methods – there are credit/debit cards, and online payment solutions such as Skrill, Neteller, MuchBetter, Paysafe card, Astropay, Interac, and Neosurf to name some of them. Still, no crypto transactions are to be found here, so keep it in mind.

Things may look good on paper however, since not all of the options are actually available for both making deposits and withdrawals. What’s more, the alternatives vary depending on your location, plus that some options aren’t accepted in specific countries at all. In fact the deposit methods are rather diverse, while in order to cash-out your winnings you’ll probably have between two or three options in total.

On top of that the minimum withdrawal amounts aren’t mentioned at all. That’s why we suggest having a closer look at the data down below:

As a start, all deposits are said to be simple, convenient, and above all secured. So far so good. In order to make an investment here you can count on credit/debit cards, Neosurf, MuchBetter, Paysafe card, Astropay, Interac and Payz. The minimum deposits are also quite favorable and vary between $10 and $20 according to the preferred method, which is standard for the market.

Still, pay attention that deposits with credit/debits cards like Visa and Mastercard are not available for players in the UK. Furthermore Interac investments are only available for users from Canada.

In order to cash-out your funds you may have alternatives such as credit/debit cards, Payz, Skrill, Neteller, and Interac. Once again, we remind you that the exact list depends on your country of residence, so there’s a possibility that not all of the options are going to be available. The other issue is the minimum withdrawal amount or the lack of any data about it, to be precise. The casino doesn’t mention anything in the Terms and Conditions, plus that the Cashier also doesn’t come with any information at all. Just beware that most of the houses tend to ask for around $10 or $20 of minimum withdrawal so any amount higher than that is hardly going to be beneficial for you.

Furthermore, remember that some methods are only available in certain countries and with certain currencies. For example, if you are playing from the UK note that you won’t be allowed to use Visa, Skrill, and Neteller payments. Apart from that, in general Visa credit and debit card withdrawals are not available in certain countries due to local issuer restrictions.

The maximum withdrawal is said to be up to $3000 per week and $6000 per month. The maximum daily limit is not specified though.

Next, beware that before being eligible to make any withdrawals you may be asked to provide some personal documents such as a clear copy of your credit/debit card used to make a deposit, proof of address such as utility bills, a copy of your ID, passport, or even driving license.

In addition, all cash out requests will appear as “Pending” for 3 business days, during which time you can cancel the request. After that the status of your withdrawal request will change to “Processing” and you will no longer be able to cancel it.

Unfortunately there’s no data about the rollover requirement. Usually most of the houses ask for between x1 and x3 turnovers of your deposit before being eligible to make any withdrawals. This rule aims to prevent money laundering and is completely standard for the industry.

And finally, remember that if you don’t use your account for 12 consecutive months it will be considered inactive and a monthly administrative fee of $5 will be charged. This is another common policy that every other reputable casino tends to implement. Have a look:

Games and game suppliers

NagsBet collaborates with around 70 game suppliers. On the list you can spot software developers such as Pragmatic Play, Play’n Go, Evolution, NetEnt, Microgaming, Wazdan, Spinomenal, and Thunderkick. On the other hand iconic game providers such as Playson, BGaming, Yggdrasil, and Quickspin are missing here. For this reason we consider the range of gaming studios to be fine but definitely not excellent. This is the full list:

Game providers: Microgaming, ELK, 1x2gaming, Iron Dog Studio, Thunderkick, Lightning Box, Corps, Blueprint, Big Time Gaming, Rabat, Skillzz Gaming, 2BY2 Gaming, Eyecon, Just For The Win, Tom Horn, Gameburger Studios, Triple Edge Solution, Fortune Factory, Gamevy, Foxium, Crazy Tooth Studio, Slingshot, Switch Studios, Leap-Gaming, Pear Fiction, all41studios, PulseB, Alchemy Gaming, Nolimit, Neon Valley Studios, Play'n GO, PragmaticPlay, Wazdan, NetEnt, Evolution, Spinomenal, Spinplay Games, Gold Coin Studios, Fugaso, Skywind, Northern Lights, Neko Games, Snowborn, Buck Stakes Entertainment, Gong Gaming Technologies, Old School Studios, Aurum, Hacksaw, Red Tiger Gaming, RealDealer, Infinity Dragon Studios, Games Global, Oros Gaming, Playtech, Area Vegas, Green Tube

The gaming lobby itself is rather well-organized with nice images and a rich menu. There are also many additional categories such as All games, Featured, New, Favorite, Slots, Live casino, Casino games, Jackpots, Vegas, and Casual. There are also two other main categories – Live casino and Sports betting. Finally, you can filter the titles by game provider, but no additional filters of themes are available unfortunately.

The Slots here are a lot and rather diverse if you ask us. You can find many trendy titles such as Gates of Olympus, Book of Dead, Sweet Bonanza, The Dog House, Legacy of Dead, Gonzo’s Quest, Rise of Olympus, Loki’s Fortune, 9 Coins, Eye of Cleopatra, Big Bass Bonanza, Reactoonz, Bounty Gold, Moon Princess, Dark Wolf, Book of Fallen, Mask of Amun, and Gates of Troy to name a few. Yet, some pretty popular games are missing here like Starburst, Elvis Frog in Vegas, Aztec magic Bonanza, Lady Wolf Moon, Age of Asgard, and Fire Temple.

The Table games are just run-off-the-mill actually mainly because there are just around 44 titles in total. Still, here are some of the most interesting out of them – Baccarat Punto Banco, European Roulette, Turbo Auto Roulette, Monopoly Big Spin, Casino Stud Poker, American Gold Poker, Dragon Tiger, Vegas Strip Blackjack Gold, Dragon Bonus Baccarat, Premier Blackjack, Atlantic City Blackjack, and Multihand Classic Blackjack.

The Live Casino games are slightly better – in this case you can enjoy around 90 live dealer activities which is more or less a decent range. Still, nothing exceptional at any means, so this category remains mediocre for us. The games here are powered mainly by PlayTech and Evolution. Unfortunately we couldn’t find any titles carried out by Pragmatic Play or Swint so keep this in mind. Still, there are some attractive opportunities here like for example Unlimited Blackjack, Sic Bo Deluxe, Prestige Roulette, Dragon Tiger, Auto Roulette, Speed Roulette, Bet on Poker, Grand Baccarat, Mega Fire Blaze Blackjack, Spin a Wheel, First Person Blackjack, Andar Bahar, Grand Blackjack, Deal or No Deal, Crazy Coin Flip, Instant Roulette, Crazy Time, Side Bet City, and Blackjack VIP. So not only is the selection quite limited but also there’s no diversity of Poker or Game show games either.

At least the Sportsbook is pretty well thought off with many different sports events to bet on. For example you can find sports such as Football, Volleyball, Cricket, Rugby, Formula 1, Snooker, Darts, Motorbikes, Cycling, Boxing, Golf, Handball, Chess, Biathlon, Bowling, and Tennis to name a few. There are also many popular leagues like UEFA Champions League, Premier League, Bundesliga, La liga, Serie A, NBA, Ligue 1, Copa Del Rey, and many more. You can also choose the events by country or even bet on non-sports events such as the Oscars, TV Shows and Movies, or StarCraft.

Conclusion

As you see, NagsBet has both many positives and negatives as well. Its main advantage of course remains the legit e-gaming license, especially considering that it’s issued by a well-established jurisdiction like MGA. We also appreciate the variety of bonuses, as well as the rich selection of Slots and the superb Sportsbook. Still, there tends to be a small choice of withdrawal options, at least from our experience. The absence of any data about the minimum cash-outs is also rather disturbing, not to mention some rather unfavorable bonus conditions. Something else we are not happy about is the mediocre range of Table games and Live casino activities, so this house definitely isn’t a top pick. Still, it has some nice qualities so you can give it a try, but don’t expect the best services out there.