Unlicensed SlotsNBets Casino Tested: Waiting 7 Days for Withdrawal of EUR 100 in BTC to Be Processed!

US-friendly SlotsNBets Casino claims to be committed to putting its customers first, and promises to provide the full-on experience. Yet, the fact that it operates without a license kinda makes you have seconds thoughts on playing games there.

Curious to examine this platform a bit closer, we sent a tester to register, fund the account, and play some games. He opted to use crypto for both deposit and withdrawal, hoping that his cashout request would be completed without any hassle at all.

Before unveiling all the details of the investigation of SlotsNBets Casino, we shall first go through the milestone moments:

• Tester of the day: RedApple
• Registration completed on July 23, 2024
• ID documents submitted via the website on July 23, 2024- utility bill, an image of the ID document, a selfie with the ID document and deposit screenshot; identity verified on July 24, 2024
• Deposit of EUR 200 in BTC made on July 23, 2024, and the tester received EUR 201.79
• Withdrawal of EUR 100 in BTC requested on July 29, 2024
• The tester received USD 111.35/ 0.00206292 BTC on August 5, 2024

Isn’t 7 days too much to wait for Bitcoin processing? What caused such a delay? To find out, stay with us and read our insightful report on SlotsNBets Casino testing!

SlotsNBets Casino Overview

Home to casino games, live games, sports, and live racing, SlotsNBets casino has what it takes to capture the attention of all profiles of players. Teamed up with top-notch suppliers such as Mancala Gaming, OneTouch, Tom Horn, Spade Gaming, Kalamba Games, Gamzix, and others, it is equipped with premium quality content.

Ensuring players are given a variety of rewarding offers to choose from, the operator equipped the site with promos such as welcome offer, reload bonuses, crypto bonuses, cashback, and others. On top of that, a variety of banking options is supported, giving lots of flexibility when depositing and withdrawing.

Yet, without the intention to burst the bubbles, we feel the need to inform players that this casino operates without a license. So, no matter how attractive games, banking options, and promos may seem, one should think twice before registering and playing real money games on this gambling website.

SlotsNBets Casino Registration

To become a member of SlotsNBets Casino, the tester filled in a 2-step form. During the first step, he entered his e-mail, and created a password, after which he selected a currency. The second step required him to provide some basic information about himself.

SlotsNBets Casino ID Verification

To eliminate the potential obstacles when withdrawing, the tester decided to verify the identity immediately after registering.

Via the option on his profile, he submitted a utility bill as proof of address, an image of his passport as proof of identity, and a selfie with an ID document as an “other” document.

According to the Terms, a player should be informed about the outcome of the ID verification process within 24 hours.

In some situations, a player may be asked to provide notarized documents:

“5.4. In certain circumstances we may have to contact You and ask You to provide further information to us directly in order to complete the Security Checks. For this purpose, we are entitled, at our sole discretion, require that You provide us with a notarised document or any equivalent certified document according to the applicable law of Your jurisdiction, including, but not limited to:

any document which may be used to prove a person's identity; real-time photo ( "selfie" ) holding the identification document, proof of address; utility bills; bank details; bank statements; bank references. […]”

Additional verification may be required for withdrawals that exceed EUR 2,300.

SlotsNBets Casino Deposit

As soon as he completed the sign-up process and uploaded documents for ID verification, the tester went on to replenish his balance. He deposited EUR 200 in BTC. A fee of 0.00001544 BTC was applied, so the tester ended up with a balance of 0.00329444 BTC.

The amount that appeared on his casino balance was EUR 201.79.

After making a deposit, the tester also uploaded a screenshot of the deposit as proof of payment in ID verification documents.

Deposit options include VISA, MasterCard, and a variety of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and a couple of others. As written in the cashier, the minimum amount to deposit is EUR 10 for crypto, and EUR 25 for cards, but keep in mind that the sum may vary based on the method selected.

“7.3. For all deposits, the mobile number of the depositor must be identical to the mobile phone number registered on the Account receiving the funds. If this is not the case, we reserve the right to treat any deposit into the Account as being invalid and the funds may be returned to the mobile number, from which the funds were sent. Any charges levied by the mobile operators payment gateways (M-Pesa) will be deducted from the player's Account.”

All transactions on the site are conducted either in EUR or in USD.

SlotsNBets Casino Gameplay

After finishing registration, ID verification, and deposit, the tester went on to play a variety of games from the tester’s well-equipped lobby.

Serengeti Kings by NetEnt and Chicken Rush by BGaming were some of the adventures he explored, followed by another work of art by BGaming- Aloha King Elvis.

The next in line and the last game he played was Dragon Age Hold & Win from the same provider.

A day later, on July 24, 2024, the tester received an e-mail that the ID verification process was completed successfully.

SlotsNBets Casino Withdrawal

A couple of days went by, and the tester finally decided to request a withdrawal of EUR 100 in BTC, on July 29, 2024.

On August 5, 2024, the tester received USD 111.35/ 0.00206292 BTC.

The maximum amount a player can withdraw per month is EUR 7,000 which is significantly below the industry’s average. Whenever that’s possible, the casino will return the withdrawal to the same method as the one used to make a deposit.

If a player attempts to withdraw deposited funds that were not used for wagering, the operator will impose a 10% processing fee for such cashout requests. More precisely:

“7.14. When a player deposits, he/she must bet 100% of the deposit either at sportsbook on minimum 1.50 odd or must wager the deposit at least 3 (three) times before ordering any withdrawal request. This requirement is introduced to combat fraud and "money laundering" by players.”

The terms also note that:

 “A player with 1 deposit only will be eligible to cashout a maximum of 15x the initial deposit amount. All further winnings will be removed from the account upon withdrawal request.”

Keep in mind that in case irregular play patterns are spotted, the operator may withhold any cashout requests.

Conclusion

According to the FAQ page:

“Any withdrawal request is usually takes up to 2 business days to be reviewed and processed by SlotsNBets. Bear in mind that on some rare cases, additional time is needed depending on your deposit method.”

Our tester received his funds seven calendar, that is five business days after requesting a withdrawal, which is way beyond the promised timeframe. The tester’s identity was verified before a cashout request was made, so the entire delay makes even less sense. Other than that, the tester experienced no issues while visiting SlotsNBets Casino, but bear in mind that this site still operates without a license.

Keep a close eye on our news section for more insightful test reports to be published soon & gamble responsibly!