mBit Casino Review | Welcome Bonus 5 BTC, 300 Free Spin

Bitcoin, casino, Review

mBit Casino has topped nearly all the best Bitcoin Casino lists that exist out there. So, we decided to get you folks a closer and much detailed look at the same through this mBit Casino review.

Note that we do not simply go through the surface-level mBit Casino information. Rather, we dig deep through the fine-print and by the end of this mBit Casino review you’ll know more about the Casino than most regular players on the platform do.

Here’s a glance at some of the primary questions we’re answering throughout this piece:

Doesn’t that answer nearly everything that you may ever ask about the Casino? Let’s get started with this mBit Casino Review then.

mBit Casino at a Glance

We’ve curated a list for you which would help you get an overview of the Casino in the shortest possible time.

  • Website: https://www.mbitcasino.com/
  • KYC: Optional.
  • Provably Fair: Yes.
  • Licensed: Yes.
  • Welcome Bonus: 5 BTC+ 300 Free Spins.
  • Deposit Methods: Cryptocurrencies+ Fiat Currencies.
  • Live Chat: Yes
  • Not Available in: USA/UK/ Netherlands/France/Spain.

Let’s start with answering all the above-mentioned questions in detail.

Does mBit Require KYC Verifications?

mBit Casino has a liberal KYC policy. Meaning, it doesn’t require users to “generally” upload identity document, and/or address-proof for deposits or withdrawals.

Although note that it’s not completely “non-KYC requiring” either. At times especially during withdrawal verification may be required via E-mail.

In such a case, Proof of Identity, Proof of Address as well as Proof of Deposit may be demanded.  Furthermore, screenshots and receipts of Deposits as well as verification of withdrawal addresses may be asked for.

In a nutshell,  the verification is optional and is asked only under special circumstances.

What are the mBit Casino Bonuses?

mBit Casino offers a number of bonuses, namely a No Deposit Bonus, Multiple Deposit bonuses, Reload bonuses, Weekly Bonuses etc. Let’s look at some of them in detail and their fine-print (minimum-requirements, wagering requirements, maximum bonus caps etc).

mBit Casino No Deposit Bonus

mBit Casino Free spins bonus is offered just for signing up and verifying the phone number. No deposits required at all.

50 Free spins are credited in the instalments of 25X2. They also must be wagered 50x within 7 days. Cashing out any winning amount is only possible after a minimum deposit using any method. (Not for all countries, refer to the “Supported Countries” section on this mBit Casino Review).

The total combined deposit bonuses for the First, Second and Third deposits is a massive  5 BTC+ 300 Free Spins.  But let’s break them down.

  • First Deposit Bonus: 110% + 250 Free Spins.
  • Second Deposit Bonus: 50%
  • Third Deposit Bonus: 75%

First Deposit Bonus

The first deposit bonus is 110% for Crypto deposits, and is 100% for Fiat deposits. But it’s not open-ended (obviously). The maximum bonus available for Crypto deposits is 1BTC / 60ETH/  36BCH and so on.

Fiat deposits have a much less maximum cap, it’s 100USD/AUD/EUR /CAD / 12500 JPY / 7500 RUB. The bonus must be wagered 35x within 30 days before it can be withdrawn. Failing to meet this requirement nullifies the bonus.

The 250 Free Spins are credited as 50 Free spins everyday, for 5 consecutive days.

Second Deposit Bonus

The Second deposit bonus even though is a 50% bonus, actually has a higher maximum cap of 2.5BTC. So depositing 5BTC will get you 7.5BTC in total!

The cap for fiat currencies is similar to the First deposit bonus, viz. a viz. 100 for all currencies, except for JPY and RUB for which it’s 12500JPY and 7500RUB respectively.

The wagering requirement is 35x for Cryptocurrency deposits, and 40x for Fiat deposits. The wagering time-period is 30—days.

Also  note that these Second deposit bonuses are for Slot-games only. Using them in other games may result in permanent or temporary bans.

Third Deposit Bonus

The third-deposit bonus is somewhat in the middle when compared to the other two bonuses. It provides a 75% bonus, with a cap of 1.5BTC/ 90 ETH/ 54BCH/ or 240 LTC.

The fiat bonus-caps are exactly the same as the other two bonuses listed above. The wagering requirement is again 35x for Cryptocurrencies and 40x for Fiat deposits, and requires to be wagered within 30days.

20% CashBack Everyday

The platform credits 20% of a user’s losses back to them everyday! Not many casinos offer a bonus “everyday” and that’s what makes it special.

It’s capped at 0.1BTC, 6ETH, 16LTC, 400,000 DOGE and 100USD/EUR. Also, a minimum loss of 0.1mBTC has to occur in order for this to be triggered.

The percentage isn’t 20% universally, rather depends on a user’s “Planet”. (Refer to the “VIP Program” section for details).

These were the permanent bonuses on the platform, although note that the Casino also has other short-term bonuses which pop up for a week or two. For e.g. there are specific “weekday” bonuses triggered on specific days of the weeks, or “reload bonuses” and so on.

Which Deposit/Withdrawal Methods are Accepted on mBit Casino?

Unlike what we experienced in our FortuneJack review, mBit Casino is a Casino which accepts not only Cryptocurrencies, but also Fiats.

The accepted Cryptocurrencies currently are:

  • BTC,  ETH, DOG, LTC, BCH, USDT.

Note that in order to deposit these, a user has to go to their Profile>Dashboard section and click on the “Deposit” button on the right to get the Deposit address.

The most commonly available modes of payments are:

  • Coinspaid (Cryptocurrency), Cards, Neteller, Skrill, Rapid, Virtual Credit Cards, And PaySafeCards.

As for withdrawing funds it has this unique concept of only allowing withdrawals via the same methods which were used for Depositing funds.

What are the Minimum Deposit and Withdrawal Limits on mBit Casino?

mBit casino by itself doesn’t have any such limits. These limits rather are imposed by the deposit/withdrawal method being used.

For example, all fiat deposit methods have a minimum deposit requirement of around USD $15.00 (varies depending on the Currency and mode). Direct Crypto deposits too have varying minimum requirements depending on the Cryptocurrency. However when deposited via CoinsPaid, the minimum requirement is 0.003BTC.

All the bonuses have their own minimum deposit requirements. Only when these requirements are met can those specific bonuses be claimed.

The first deposit bonus doesn’t have any specific requirement, and the minimum deposit requirement of the deposit mode used is the only required deposit. The Second and Third Deposit Bonuses can only be claimed after a minimum deposit of 0.0003BTC and 0.0001 BTC.

Note that these minimum requirements will vary for other Cryptocurrencies and only the BTC requirements have been mentioned here.

Fiat minimum requirements for both Second and Third Deposit bonuses is 10 USD/EUR/ AUD/CAD, 1250 JYP or 700 RUB.

The minimum withdrawal limits also depend on the (Crypto)Currency being withdrawn and the mode used.  It’s USD $10.00 for USD withdrawals, and 0.01 LTC for Litecoin.

Is mBit Licensed and Provably fair?

Yes, mBit is Licensed under the Curacao laws. It’s operated by Direx N.V. and holds the registration number- 131879 and license number- 8048/JAZ.  The license can be verified independently by you here.

mBit Casino also is a Provably fair Casino. While not all game providers let Provability be used, one of the providers namely “Bgaming” does and its games are provably fair.

Even the game providers being used by mBit Casino are some of the most reputed, trustworthy and established ones in the industry such as Evolution Gaming, SoftSwiss, iSoftBet etc.

Which Countries are Supported by mBit Casino?

mBit Casino isn’t available globally. It’s not available to the players of:

  • USA, UK, Spain, Netherlands, France.

Also the “No Deposit Free Spins Bonus” we talked about earlier in this mBit Casino review isn’t available for a number of countries. The following screenshot would communicate the restricted-areas better:

This mBit Casino Review can’t be compete without acknowledging its games, can it?

Which Games are Available on mBit Casino?

mBit Casino is one of the most game-rich (quantitatively) Bitcoin casinos in the industry. It has a total arsenal of 2658 games! The games are primarily categorized into:

  • Slots
  • Roulette
  • Jackpot Games
  • Table Games
  • BackJack
  • Video Poker
  • Live Dealer.

We tested the Live Dealer tables, as they’re the most interesting, are played in a real-life Casino and consist of real dealers and human beings.

Unlike some other Casinos, the dealers on mBit Casino actually speak English even though the Accent is slightly hard to grasp. The quality of the stream is HD, auto camera-switching is available for those games which support it.

Multiple tables can be added simultaneously. Nearly all the games listed above can be played live as well (refer to the above screenshot).

What is the mBit Casino VIP Program?

It’s a loyalty program, which rewards regular and frequent users. It consist of a number of levels (Planets):

  • Planet Earth
  • Planet Litecoin
  • Planet Ethereum
  • Planet Doge
  • Planet Bitcoin Cash
  • Planet Dash
  • Planet Bitcoin
  • “The Moon”.

No special Signup required, every member is already a VIP member. The Planet is decided based on their activities on the casino.

The higher a user’s level, the more cashbacks and reload bonuses they get. For eg. Planet Earth only grants a user 2% cashback everyday, but Planet Bitcoin offers a generous 20%.

Most levels also offer no deposit free spins as “Milestone rewards” for reaching those levels

Does mBit Casino Provide Support?

It not only provides it, but excels at it. Infact, their Live-Chat is arguably the fastest and most detailed casino chat we’ve ever seen.

They’re available round the clock and the response times are almost instant. The answers are detailed and well-educated.

Obviously they can also be contacted via E-mail but that’s seldom required. Infact live-support can be availed while playing live-games mid-match as well!

Final Verdict:

My final verdict on this mBit Casino Review is that it’s without doubt one of the best Bitcoin casinos existing in the industry.

The Bonuses, the number as well as quality of games, fairness, and affordable minimum/maximum limits are what make it one of my personal favourites.

Although you obviously are free to have your own opinion, so let us know  what you think of this mBit Casino review and the Cryptocurrency gambling platform in the comments?

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