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In this VeloBet review, we’re going to take a closer look at one of the best and most trusted offshore casinos around. This is home to both casino and sportsbook products, alongside a highly generous welcome offer.
Below, you’ll learn everything that you need to know about the Velobet casino and sportsbook, including all available bonuses, cashback offers, and payment methods.
Overview of VeloBet Features
Let’s start with a broad overview of the Velo Bet casino and its main features.
| Feature | Details |
|---|---|
| License | Curacao Gaming Control Board |
| Owner | Santeda International B.V. |
| Founded | 2023 |
| Games Offered | 7,000+ |
| Live Casino | ✅ |
| Sportsbook | ✅ |
| Minimum Deposit | $10s |
| Withdrawal Time | 1-3 business days |
| Device Compatibility | Android, iOS, Windows |
| Allowed Countries | US, Germany, Canada, Norway, Sweden, New Zealand, and Australia |
| ReadWrite Rank | 9.5/10 |
VeloBet Reviews: Key Pros & Cons
As with all offshore casino brands and online betting sites, there are several pros and cons when wagering at Velobet. Here’s a summary of the main advantages and potential drawbacks.
Pros
- Access a welcome package up to $2,000
- The ‘Velo Marathon’ unlocks up to $500,000 in prizes
- Choose from more than 7,000 casino games
- There are 262 ‘Bonus Buy’ slots alone
- 10% cashback through the VIP program
Cons
- Withdrawals are capped at $15,000 per month
- There are only a few progressive jackpot games
VeloBet License and Security 9.3/10
Velobet is licensed and regulated by the Curacao Gaming Control Board. It has earned this accreditation through its parent company, Santeda International B.V.. The website is also secured with 128-bit SSL encryption, which helps to safeguard your personal and financial data at all times (and especially during transactions).
Velobet is also highly thought of among players. To this end, it has an average rating of 9.3/10 from 54 reviews on the Ask Gamblers platform. On Trustpilot, the brand has accumulated a rating of 3.9/5 from 543 reviews, while 62% of users have afforded it five stars.
VeloBet Bonuses for Newcomers 9.5/10
When you first sign up for a Velobet account, you’re eligible to receive either a casino or sports betting welcome offer. Here’s a summary of each promotion and its unique T&Cs.
Casino Welcome Sign-Up Offer
The Velobet casino welcome bonus matches your first three deposits by 330% up to $2,000, while it also incorporates 70 free spins. When you credit your account for the first time, you’ll unlock a 150% match up to $1,000, although the precise structure and value of your bonus will depend on the amount you deposit.
If you deposit between $10 and $500, for example, you’ll access a 150% bonus. Conversely, depositing between $500 and $1,000 will trigger a match of 100%.
- Bonus amount: 330% UP TO $2,000 and 70 free spins on the Book of Dead
- Deposits: 1st (150% up to $1,000 and 70 free spins), 2nd (100% up to $500), 3rd (80% up to $500)
- Bonus code: WELCOME
- Rollover: 30x (deposit and bonus)
- Minimum deposit: $10 – $1,000 (depending on your preferred reward)
- Bonus expiry: 30 days
Sports Welcome Sign-Up Offer
During our Velobet review, we also found a dedicated welcome offer for new sports bettors at Velobet. This offers a much more straightforward structure, matching your first deposit up to $1,000. The wagering requirements are also slightly high at 15x the deposit and bonus, while you can only claim one of the available welcome offers.
- Bonus amount: 150% up to $1,000
- Deposits: 1st
- Bonus code: N/A
- Rollover: 15x (deposit and bonus)
- Minimum deposit: $10
- Minimum odds: 1.30
- Bonus expiry: 30 days
Bonuses for Regular Customers at VeloBet 9.7/10
As an existing VeloBet player, you can also qualify for an alternative range of casino and sports bonuses. These may be based on loyalty or event-specific bonuses for snooker world championship betting, US Open tennis, and golf majors like The Open Championship, but we’ve included a summary of these bonuses below:
Casino Cashback Offers
Let’s start by appraising the casino cashback offers at Velobet. There are a couple of details below, both of which require you to complete minimum deposits of $200.
- 10% No-Wagering VIP Cashback – This offer unlocks 10% cashback on all deposits made since your last withdrawal. Meet the qualifying deposit limit and claim cashback with 0% wagering requirements.
- 5% Wagering Cashback on Slots – This offer lets you claim variable cashback based on your total deposits during the previous 30 days (worth $200 or more). This offer is subject to competitive wagering requirements of just 5x.
Sports Cashback Offers
Our Velobet review team did not find any dedicated cashback offers for sports bettors. However, Velobet regularly updates and refreshes its bonus selection, so we’d urge you to check back regularly if you’re in the market for cashback promotions.
Casino Promotions for Regular Customers
Outside of cashback offers, there are alternative bonuses for regular casino players and sports bettors. These include:
2nd and 3rd Deposit Bonus Up To 100%
As we’ve touched on, Velobet offers second and third deposit matches as part of their $2,000 welcome package. These two legs of the bonus match your second and third deposits by 100% and 80% respectively, both up to the value of $500.
The minimum deposit to unlock both legs of the bonus is $20. The same wagering requirements of 30x the combined deposit and bonus value apply, while these must be wagered within 30 days. Both bonuses also have a fixed maximum bet limit of $5.
Crypto Deposit Bonus
You can also unlock a crypto deposit casino bonus at Velobet. This comprises a 160% first deposit match up to $1,000 when you deposit $10 or more using either Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Dash, DOGE, or USDT tokens. Once again, you cannot use this in conjunction with any of the alternative signup offers.
The combined crypto deposit and bonus value is subject to slightly higher wagering requirements of 35x. These will also have to be fulfilled within 30 days. So, if you wager at the minimum amount ($10) and receive $20 with which to play, you’ll have to play through $700 over a month.
10 Free Spins for Discord, Twitter, and Telegram Members
During our Velobet casino review, we found that you could land 10 free spins when you follow the brand on Discord, Twitter, and Telegram. Your free spins will be credited within 24 hours after you join one of these channels, while this bonus has a maximum withdrawal cap of $100.
However, your free spins winnings are subject to hefty wagering requirements of 100x. This is a huge financial commitment, especially given the total value of the bonus and winnings cap.
The Velobet Marathon
The intriguingly named ‘Velobet Marathon’ runs daily, with this unlocking up to $500,000 in real cash prizes. In total, you can access $4,400 in weekly cash prizes, which are wager-free and paid out to numerous winners every Thursday.
You’ll earn a single qualifying point for every $1 that you wager on slots, live casino titles, or Velobet mini games. Accumulating more points sees you rise in the monthly leaderboard and pursue a higher share of the cash prize pool, with champions and the biggest winners crowned on a four-week basis.
Sports Promotions for Regular Customers
As a loyal and existing Velo Bet customer, you’re also able to benefit from several regular bonuses and promotions. Here’s a summary of the best offers:
Bet on the Major Tennis Championships and Get 100% in Free Spins
Currently, you’re able to bet on all major tennis tournaments, including the French Open at Roland Garros, and receive a 100% match in the form of free spins. You’ll need to wager at least $20 on a tournament at odds of 1.50 or greater, while the promo has a maximum bet limit of $10,000.
Because of this, the site can release a maximum of 200 free spins during 24 hours, each of which has a finite value of $0.10. Overall, this is a unique bonus offer that combines both sportsbook and casino verticals.
3 + 1 Freebet Club
Velobet is also running a generous ‘3 + 1 Freebet Club’. This requires you to place at least three consecutive bets with a minimum of three selections each, at odds of 1.30 or greater. If you also stake a minimum of $10, you’ll be able to claim a subsequent free bet that’s equal to the average value of your three qualifying wagers.
In terms of eligibility, both single and system bets are excluded from the promotion. Similarly, outright wagers and cashed-out tickets are ineligible. Instead, you’ll have to build parlays or combination bets with three qualifying legs or more.
Grand Express Progressive Bet Bonus
VeloBet is also running a ‘Grand Express Progressive Bet Bonus’. This is exclusive to winning Express bet slips with three or more market combinations, with bonuses calculated based on the number of combinations included. Here’s a breakdown of how the bonus is calculated:
- 3 Combinations: 5%
- 4 Combinations: 15%
- 5 Combinations: 20%
- 6 Combinations: 25%
- 7 Combinations: 30%
- 8 Combinations: 40%
- 9 Combinations: 50%
- 10 Combinations: 60%
- 11 Combinations: 70%
- 12 Combinations: 80%
You can access this bonus when betting on various football leagues, the NBA, NFL, NHL, and MLB. You must wager at least $1 total to qualify, while each market that you select should have minimum odds of 1.30.
VeloBet Loyalty Program
The Velobet loyalty program comprises several cashback offers, including the 10% No-Wagering VIP bonus. This applies to all deposits made since your last withdrawal. You can also access variable cashback offers based on your precise betting activity during the previous 30 days, so long as you make qualifying deposits of at least $200.
The loyalty program at VeloBet also unlocks unlimited free spins and complimentary bets within limited timeframes. Overall, the minimum deposit limit of $200 is relatively high, while you’ll have to contact the site’s live chat support to activate your cashback and other rewards.
VeloBet Casino Review 9.6/10
We’re now going to delve a little deeper into the games’ library at VeloBet. As we’ve touched on, there are more than 7,000 games across all available verticals, including a large number of slots, bonus buy titles, and live casino games. These have been supplied by 88 software brands, including some of the biggest players in the iGaming market.
VeloBet Sportsbook Review 9.7/10
Our team has also conducted a thorough Velobet sportsbook review. This vertical is stacked with extensive sports coverage and betting markets, while there are also dedicated live betting and esports verticals.
In total, Velobet covers 37 different sports, including betting on cricket, tennis, and niche disciplines like Ski Jumping and Gaelic Football. Soccer is the most widely covered sport, with markets available across 59 leagues globally (including Austrian Amateur matches). Matches in the ‘big five’ leagues and the UEFA Champions League often unlock more than 350 individual betting lines.
You can also bet on tennis, including all major ATP and WTP tennis tournaments, including the four Grand Slams. Top matches in events like the French Open feature 70+ betting markets, including extensive totals and handicap lines. Other top sports leagues at Velobet include the NBA, NFL, and MLB.
When you click through the live betting vertical, you’ll be able to browse in event or multi-view. The former provides instant access to selected live events and real-time betting markets, while you can also access an ‘Overview’ that lists all in-play events across a range of different sports.
Once again, in-play soccer betting unlocks the broadest range of markets, including half betting and the time of the next goal. You can also watch virtual fields of play that help you track the action visually. Basketball and NBA games also feature a diverse selection of markets, including a number of team and player props.
Virtual sports are powered by computer-generated simulations of physical sports, including soccer, horse and greyhound racing, basketball, and cricket. You can bet on several virtual sports tournaments at VeloBet, including the Football World Cup, Bundesliga, and Premier League matches, as well as tennis Grand Slams.
Events like the Football World Cup offer the highest number of virtual sports betting markets. There are around 40 markets available per individual game, with popular options including Asian handicaps, totals, and correct score betting.
Esports differ from virtual sports, as they’re played competitively and games are controlled by real players. The esports vertical at Velobet includes a number of the most popular video games, including League of Legends, Dota 2, Valorant, Starcraft, and various Counter-Strike iterations.
League of Legends matches and tournaments tend to unlock the biggest range of betting markets. When wagering on matches featuring high-profile teams like Gen.G, you’ll be able to browse 50+ markets, including various map advantage lines and the ‘race to kills’. Counter-Strike matches offer around 20 betting markets on average here.
VeloBet Racebook Review 9.4/10
During our Velobet review process, we found a dedicated ‘Racing’ vertical at VeloBet. This offers extensive coverage of events from across the globe, including races in the UK, South Africa, Ireland, Australia, and even Germany. You can bet on a large selection of US races too, while Velobet is among the first sportsbooks to publish ante-post odds ahead of high-profile, triple crown events like the Preakness Stakes.
VeloBet Payment Methods 9.2/10
You can transact using both fiat and cryptocurrency methods at VeloBet. However, you can only withdraw funds using crypto tokens, namely Bitcoin, Ethereum, Ripple, Dash, Litecoin, USDT, USDC, and the DOGE coin. Of course, crypto withdrawals here charge a 0% transaction fee, while they’re typically completed within a matter of hours.
You can also withdraw funds via a SEPA bank transfer. With an average pending withdrawal time of just 24 hours, you can expect to receive your funds within three business days via this method. All deposits are completed instantly and are also fee-free, while your options include Visa and Mastercard, Apple and Google Pay, bank transfer, and the pre-paid Paysafecard.
| Payment Method | Deposit Limits | Time | Fee | Withdrawal Limits | Time | Fee |
|---|---|---|---|---|---|---|
| Bank Transfer | $10 – $3,000 | Instant | 0% | N/A | N/A | N/A |
| Visa / Mastercard Credit | $300 – $2,000 | Instant | 0% | N/A | N/A | N/A |
| Visa / Mastercard Debit | $10 – $2,000 | Instant | 0% | N/A | N/A | N/A |
| Apple Pay | $10 – $2,000 | Instant | 0% | N/A | N/A | N/A |
| Google Pay | $10 – $2,000 | Instant | 0% | N/A | N/A | N/A |
| Paysafecard | $10 – $40 | Instant | 0% | N/A | N/A | N/A |
| Bitcoin | No Limit | Instant | 0% | $20 – $7,500 | 1 -24 hours | 0% |
| Ethereum | No Limit | Instant | 0% | $20 – $7,500 | 1 -24 hours | 0% |
| Bitcoin Cash | No Limit | Instant | 0% | N/A | N/A | N/A |
| Ripple | No Limit | Instant | 0% | $20 – $7,500 | 1 -24 hours | 0% |
| Dash | No Limit | Instant | 0% | $20 – $7,500 | 1 -24 hours | 0% |
| Litecoin | No Limit | Instant | 0% | $20 – $7,500 | 1 -24 hours | 0% |
| Tether (USDT) | No Limit | Instant | 0% | $20 – $7,500 | 1 -24 hours | 0% |
| USD Coin | No Limit | Instant | 0% | $20 – $7,500 | 1 -24 hours | 0% |
| DOGE Coin | No Limit | Instant | 0% | $20 – $7,500 | 1 -24 hours | 0% |
| SEPA Bank Transfer | N/A | N/A | N/A | $20 – $7,500 | 1-3 business days | 0% |
VeloBet User Experience 9.5/10
When navigating Velobet on a desktop device, you’ll find that all verticals are easy to navigate and tend to load quickly. The casino games’ library is very well categorized for ease of navigation, while there’s a handy search function located prominently above the fold if you want to find a specific title. On average, individual games take between 5 and 10 seconds to load.
In the sportsbook, all available disciplines are listed in the vertical menu on the left of the lobby. There are also shortcuts to the most popular sports and events, including live esports and the UEFA Champions League. When betting live, you can view events and matches in different ways, whether you want to select matches or hone in on specific in-game markets.
VeloBet Mobile App 9.2/10
As with most offshore casinos and sportsbooks, VeloBet doesn’t operate a native mobile app on iOS or Android. However, the site has been responsively designed and optimized for mobile use, so it will adapt intuitively to the dimensions of your device display. This means you can enjoy a seamless betting experience when using a Safari or Chrome mobile browser.
Velobet is also compatible with Windows devices, while the use of responsive design and HTML5 also ensures that all games are available to mobile players. When navigating the site on a smartphone, you’ll also find a handy sticky menu towards the bottom of the page. This provides quick access to your betslip, history, live markets, and account information.
Customer Support at VeloBet 9.4/10
The best way to contact the customer support at Velobet is via interactive live chat. This is available 24/7, while it can be accessed by clicking the speech bubble icon in the bottom right-hand corner of the screen. After providing your username and email, you can select a relevant topic, with most queries resolved in under five minutes on average.
For more complex written queries, shoot an email to [email protected]. The site pledges to respond within 24 hours, but our query about crypto deposits was answered in less than four. If you have a generic query and don’t want to speak to an agent, you can use the site’s FAQ resource at the bottom of the homepage. However, this is slightly underdeveloped at present and could be improved.
- Live Chat: Yes
- Email: [email protected]
- FAQ Resource: Yes
How to Get Started with VeloBet
If you’re suitably impressed with Velobet, you may decide to register for an account. Here’s a step-by-step guide to help get you started.
Step 1: Join VeloBet
Visit the Velobet homepage on your selected device before navigating your way to the ‘Sign Up’ button at the very top of the screen.
Step 2: Enter Your Account Information
You’ll then have to provide a username and verifiable email before securing this with a password. Then confirm your country, preferred currency, and mobile number, before accepting the site’s terms and conditions and hitting ‘Sign Up’.
Step 3: Deposit Funds and Claim the Preferred Welcome Bonus
You’ll then have to confirm your legal name, at which point you’ll automatically be transferred to the site’s ‘Deposit’ page. This will include the options listed, and you’ll need to select one before entering a qualifying first deposit amount. Next, you can select which welcome bonus you want from the available options, or choose not to accept any.
Step 4: Place Your First Bet
Once your deposit and bonus funds have landed, you can browse the various casino and sportsbook verticals at Velobet. You can then select your preferred games or betting markets, before placing bets and kickstarting your gambling experience!
Sites Similar to VeloBet
VeloBet has several sister sites, many of which operate in the UK and, alternatively, overseas markets. Here are three of the most highly recommended alternatives:
- Golden Panda – 200% Welcome Bonus up to $5,000 + 50 Free Spins
- Instant Casino – 200% Welcome Bonus up to $7,500 + 10% Cashback
- CoinPoker – 150% Welcome Bonus up to $2,000 + 33% Weekly Cashback
Final Verdict on VeloBet Casino and Sportsbook
Overall, we highly recommend the Velobet Casino and Sportsbook, with the site offering a generous and diverse selection of welcome offers. There’s a wealth of bonus options for existing players, too, including the ‘Velobet Marathon’ that unlocks up to $500,000 in prizes.
The games’ library even includes more than 7,000 titles, with more than 262 ‘Bonus Buy’ slots alone. However, the site would benefit by adding more progressive jackpot games, while the FAQ resource is underdeveloped and would benefit from improvement. This drops the site’s rating slightly, but we’re happy to award it a solid 9.5/10.
Responsible Gambling
Whether you wager through the Velobet casino or sportsbook vertical, you’ll need to gamble responsibly and within your means at all times. If you find yourself betting excessively or aggressively chasing losses, however, you may be showcasing the telltale signs of problem gambling. In this case, here are some resources through which you can seek help and advice.
