Paraidice Review: Scam or Safe?

Paraidice is a fresh casino with an alluring and professionally looking website. At first look, the casino appears decent, as they offer thousands of games and an attractive welcome package. On the other hand, though, we spotted some imperfections that certainly won't contribute to the greatest gaming experience. In the following article, we will review Paraidice and will show you all of its good and not-so-good aspects by checking the bonuses, the license, the payment system and the gaming library. At the end, you'll have a pretty good picture of Paraidice, so with no further ado, we shall begin with the bonuses.

Languages: English

Bonuses

We weren't really impressed with the bonus policy of Paraidice. It's true that they advertise an exciting welcome package in 5 deposits for up to €2500, but there are some things to discuss.

First of all, there aren't any reload match bonuses. Other casinos have recurring promos, that are available on a daily, weekly or monthly basis, but Paraidice has no such thing. Once you get the welcoming offers, you are left with only two promos – a mystery bonus and cashback. Not enough.

Another thing to discuss is the absence of free spins – no promotions includes such an option, and that's definitely a downside. In comparison, good casinos will always find a way to deliver free spins, be it as an addition to certain bonus, or in an entirely separate events.

Speaking of downsides, here is another one – to qualify for the welcome package in 5 deposits for up to €2500, players should place no less than €100 while they make their first deposit. If they fund their accounts with smaller sum, they will be left with a bonus only for the first deposit, and it's up to €100. Not attractive, at all.

One last downside to note – the events aren't promoted well. The problem is that some bonuses are advertised for EUR and USD deposits, while the Welcome Package is only in Canadian dollars. Now, we can't tell whether this is a mistake, or the bonus is generally designed for Canadian players only, but whatever the case, those conditions are confusing. Keep this in mind, and now, let's see some more details.

• Welcome Bonus – if players deposit less than €100, they will be left with this bonus. It's a first deposit bonus of 100% up to €100, activated with a deposit of €20 or more. The wagering requirement is 35 times, while cash-out limits are not specified.
• Paraidice Exclusive Bonus – seemingly, if players deposit €100 or more for the first time, they will qualify for this exclusive package. It consists of bonuses on the first five deposits that are identical to each other – 100% up to €500. So, in total, players will have the chance to get up to €2500 bonus money. The wagering requirement is unchanged – 35 times, while cash-out limits are yet again not mentioned.
• Mystery Bonus – to qualify for a mystery bonus, players should have deposited at least €20. Prizes are not specified. Note that only slots from 1×2 Games and Ka Gaming are included in this promotion. The wagering requirement is reduced to 25 times, with no cash-out limit specified. Disappointingly, this bonus is available only once and for new players only.
• Daily Cashback – everyday players can get 10% of their losses with no max prize specified. The minimum eligible cashback amount to be credited is €1 or equivalent. The wagering requirement is only 1 time. Cash-out limit is not specified.

And that's basically it. Not enough bonuses, and overall small prizes.

License

Paraidice is a licensed casino, but their authorisation is not really the best they could get. The house is owned and operated by Roqqet Consultants Limited, a company authorised in Comoros by AOFA – the regulator based in Anjouan, Comoros Islands. It's good that Paraidice is licensed, but the regulation in Anjouan is low as Comoros don't really have a solid regulatory framework.

Nonetheless, the Anjouan gaming license is becoming increasingly popular among online gaming operators, offering a cost-effective and streamlined process for obtaining a license in a jurisdiction that provides multiple advantages for startups and established companies alike. The downside to the Anjouan license, on the other hand, is that it's less trustworthy. Here are some cons to it:

• Perceived lack of regulation – there's a perception that Anjouan might not enforce as stringent regulations as more established jurisdictions. While it's important to note that Anjouan has implemented a regulatory framework ensuring fair and secure gaming, the perception might concern some players about the fairness and security of games.
• Limited market recognition – the Anjouan license may not carry the same prestige as those from more renowned jurisdictions, potentially affecting players' trust in the platforms licensed by Anjouan. The AOFA license is still to establish its reputation, we have to admit it.
• Banking challenges – some operators may face difficulties with banking and payment processing, which could, in turn, affect the ease with which players can deposit and withdraw funds. Hefty fees may incur during transfers, as well.

For those and other reasons, you'll be much better off if you trust casinos with widely recognized licenses issued by well-known authorities like MGA or the master holders in Curacao. But back to Paraidice, here is the list with excluded countries.

Restricted countries: American Samoa, Aruba, Australia, Austria, Bonaire, Sint Eustatius and Saba, Comoros, Curaçao, France, French Guiana, French Polynesia, French Southern Lands, Guam, Netherlands, Netherlands Antilles, New Caledonia, Saint Martin (French part), Sint Maarten (Dutch part), Spain, United Kingdom, United States, United States Minor Outlying Islands

And here is the result from the license validator:

Deposit and Withdrawal

Currencies: Euro (EUR), US Dollar (USD), Canadian Dollar (CAD), Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

The deposit policy is not favourable. According to Paraidice, the accepted methods include bank cards, bank transfers, crypto and e-payment solutions. Once we registered, though, we could choose only between bank cards and direct crypto deposits.

The minimum deposit is low, just €10, while the maximum single transaction is up to €100 000. Each deposit is instant and free.

The withdrawal policy also suffers from lack of variety, as expected, but the good news is that the minimum withdrawal will be €10 if you use crypto. For bank cards and bank transfers, the minimum will be €20, but note that Comoros are not London or New York, so the offshore transfer may incur additional fees and delays, much higher than those you may need to pay if you withdraw from a Curacao casino.

The maximum is €2000 for bank cards. For crypto, the cashier shows that up to €100 000 single withdrawal transactions are possible, but that's not gonna happen because the monthly withdrawal limit is €10 000. In other words, it's unlikely that you will be allowed to withdraw more than 10K in a single transaction.

Unfortunately, the processing time is not specified, so here is one from the missing TCs, and there are more to come. And note that transfers to and from Comoros are not fast – you may need to wait for days if not even weeks to get any money back into your wallet.

Before a withdrawal request is submitted, players should meet the rollover requirement of 1 time, meaning that all deposits should be wagered at least once. That's a gaming and AML requirement, so nothing to worry about – every casino will ask for a play through – 1 to 3 times on average.

Another thing missing is the inactivity policy. Usually, casinos will charge inactive accounts with €5 to €10 after 6-12 months, but Paraidice mentions nothing on the matter. We doubt that players will be surprised with some adverse, but nonetheless, the lack of details is still a lack of transparency. Keep this in mind.

Games and Game Suppliers

Game providers: Nolimit City, PragmaticPlay, 1x2gaming, NetGaming, KA Gaming, ELK, NetEnt, Spinmatic, Endorphina, Habanero, Tom Horn, GameArt, Triple Cherry, OneTouch, Slotmill, Thunderkick, Yggdrasil, Smartsoft Gaming, Iron Dog Studio, Red Rake, Gamefish Global, Blueprint, Kalamba, Real Time Gaming, Spearhead, Kiron, Fantasma, Dragon Gaming, Skywind, Quickspin, Relax Gaming, Mascot, Evoplay, Platipus, Caleta, Gamzix, Revolver Gaming, Wazdan, Print Studios, TrueLab, Betsolutions, BGaming, Fazi, TPG, Games Inc, Felix Gaming, Funta, Bet2Tech, 7Mojos, Fugaso, Zeusplay, Funky Games, Mancala, Cool Games, Apollo Games, CQ Gaming, Big Time Gaming, Microgaming, Hacksaw, Elysium Studios, CT Interactive, Onlyplay, Amigo Gaming, RubyPlay, Espresso Games, Playson, Spribe, Playtech, PGSoft, 3 Oaks, BetGames.tv, Turbogames

When it comes to gaming, Paraidice doesn't disappoint, as it offers pretty much all of the best slots in the industry. The casino works with plenty of leading providers to so, including Pragmatic and NetEnt. On the other hand, it's important to note that players will find all these games and many more in other casinos, so Paraidice definitely isn't special in this area. And the casino doesn't offer sports betting. Anyways, while here, see some titles you can find in the gaming library.

• Slots – Land of the Free, Joker's Jewels, Phoenix Forge, Lucky New Year, Dragon Boom, Cosmic Cash, Gold Party, Sugar Rush, Congo Cash, 5 Lions Megaways, Diamond Strike, Big Bass Splash, Master Joker, Sweet Bonanza, Chilli Heat, Big Bass Bonanza, Madame Destiny Megaways, Bonus Mania, Big Bass Bonanza – Keeping it Reel, Big Juan, Starlight Princess, and others.
• Crash Games – JetX, Spaceman, Aviator, Space XY, Big Bass Crash, Zeppelin, Crashout – Firework, Rocketman, JetX3, Christmas Crash, Paper Lanterns: Crash Game, Rocket Bang, Dragon or Crash, Long Ball, etc.
• Arcade – Mines Dare 2 Win, Scratch Match, Mines, Penalty Shoot Out, Magic Chests, Patrick's Magic Field, Penalty Shoot-Out Street, Minesweeper, Magic Wheel, Rocket Dice, Boxes Dare 2 Win, Heads and Tails, ToTheMoon, and so on.
• Live Casino – real dealer tables of Blackjack, Baccarat, Roulette, Poker, Teen Patti, Andar Bahar, Sic Bo and others.
• Game Shows – Paraidice offers live shows, but it doesn't have a dedicated section, so players have to dig them out one by one – a downside to note still this type of games become more and more popular among players. Anyhow, in the library you will find well-known names such as Doodle Cash, Crazy Time, Sweet Bonanza CandyLand, Monopoly Big Baller, Funky Time, Mega Wheel, Boom City, First Person Mega Ball, Crazy Coin Flip, Dead or Alive and others.

Conclusion

Paraidice is a nice casino with plenty of positive features – low minimum deposit, an attractive welcome package, thousands of games and the casino has a fresh and fast website. On the negative side of things, the license of the casino is not the most trustworthy, few payment methods are accepted, and there aren't any reload bonuses with cash and free spins. Considering those things, we don't think that you'll miss anything if you don't visit Paraidice. It's a mediocre casino with limited potential.