mBit Casino Review
Established in 2014 and licensed in Curacao, mBit also offers a full service sportsbook along with their casino. They currently offer 406 casino games and accept BTC, BCH, ETH, LTC, DOGE and Euros. High stakes players have a choice between 36 games that accept wagers as high as 1 BTC.
Game Selection at mBit Casino
MBit Casino has a solid but not overpowering selection of games from six software providers, including the popular Betsoft games. They don’t have a free play mode, so you can’t try any games without registering and depositing. Many of the games are instant play, and you will sometimes need Flash Play. While the games are accessible with an iPhone, Android or other mobile device, mBit doesn’t outwardly promote mobile play.
As mentioned above, mBit offers 406 casino games in total, about 240 of them slots. The menu categories are: All Games, Latest Releases, Slots, Table Games, Blackjack, High Stakes, Live Games, and Jackpot.
The slots selection includes a lot of games and providers new to the cryptocurrency age, plus other more familiar titles such as Geisha, Safari, The Slotfather, and Gladiator. There is a good mixture of 3- and 5-wheel slots, games with up to 40 paylines, and a good variety of themes. Twenty of the games are jackpots, but we didn’t find any running payout totes.
There are 20 versions of blackjack, and the games under the Table Games category include various versions of video poker as well as baccarat and roulette. There are also various versions of poker vs. the house.
Serious gamblers may look to the higher stakes of the live games section, where blackjack, roulette, baccarat, keno and others may be found. The site mentions its live casino is accessible via mobile device.
Deposit & Withdrawal Options
The mBit Casino deals primarily in Bitcoin (BTC), and the website has a comprehensive Bitcoin Guide for people who are less familiar with the currency. But mBit also accepts Bitcoin Cash (BCH), Litecoin (LTC), and Dogecoin (DOGE). The site also takes standard euros (EUR), but deposits and cashouts to and from the EUR balance are done using BTC.
MBit Casino offers anonymous transfers through bitcoin that are generally fast. The site states around 10 minutes, but at least your Bitcoin Cash should be verified faster. Expect withdrawals to take longer, since a minimum four blockchain confirmations are required.
The minimum deposit amounts vary with value, but expect 2 to 5 BTC. They do not list maximum deposits. The maximum withdrawals will also vary, but look for up to 50 BTC per month.
The deposit process is simple, if you use a standard personal cryptocurrency wallet. Use the bitcoin address the casino provides at your Deposit page with your “send” address at your wallet, fill in the amount, and your account will be funded and ready to use within minutes.
Some wallets charge set fees, rather than percentage fees, so you may find that depositing larger amounts may be better. MBit Casino states that most transactions are without fees, but they explain no further, another element you may have to explore.
mBit Casino Bonuses & Special Promotions
The bonuses mBit Casino offers are for slots alone, because players of table games and other games offer no credit toward qualifying for withdrawing bonus money.
But slots players will find the bonuses as fair as any around. MBit Casino offers first, second and third deposit bonuses as well as cashback and reload bonuses during each week. All come with sets of rules and restrictions that you should study before diving in.
The bonus for the first deposit is the healthiest, at 200% for up to 50 mBTC. Again, values vary, but they list a dollar equivalent of $1,000 for that maximum, so you should check before going in. Your second deposit gets you 50% for up to 50 mBTC, and the third goes at 25% up to 50 mBTC.
All of these bonuses carry a rollover or playthrough requirement of 40x the bonus received to keep you on board. For example, if you deposit 10 mBTC, you will get another 10 mBTC as a bonus, and you will have to wager 400 mBTC (40 x 10 = 400) to qualify for withdrawing the bonus money.
Free Spins Bonus
If you check the Bonus Terms under the Terms and Conditions section, you will also find a free spins bonus of 25 per day for some games that mBit happens to be promoting at the time. When we were there, they required a 50 mBTC minimum deposit for the free spins offer.
There is also a loyalty rewards program that they call “comp points” like in brick-and-mortar casinos. Accruing enough of these points will get you extra bonuses and cash.
They also have slot game rules for different countries, meaning your favorite game may not qualify you for bonuses if you live in certain places.
Our advice is to go to the Terms and Conditions section at the bottom of mBitcasino’s main page, and read the Bonus Terms before depositing.
Provably Fair Games
Nowhere on the mBit Casino site is there a reference to provably fair games, one of the foundational advantages of playing casino games in a bitcoin casino. Presumably they leave it up to you to verify the fairness of any spin or card deal you play, and there are ways of doing that independently.
We do know that their main software provider, Betsoft, has games that are routinely audited for fairness by independent agencies. And we know that the licensing jurisdiction of Curacoa ostensibly requires third party certification of fairness.
That should cover any concerns of games fairness, maybe besides the usual concern of a “slick” dealer at a live table.
We saw no complaints on forums about shoddy dealing, so we assume everything is up front in mBit’s fairness.
MBitcasino has email and chat methods for customer questions or complaints. You can also connect with them via Twitter and Facebook. We like their extensive Help Center with FAQs on various elements of bitcoin.
We assume they have operating hours at the help desk, because we put in a couple of questions in their chat, and did not get a response after about five minutes of waiting.
MBit Casino is a lively and attractive site with a lot of fun games to play. The bonuses seem fair, though we’d like a simpler structure, especially with game restrictions from certain countries.
Registration with mBit is free, but you should give the site’s Terms and Conditions and About Us sections a good look before depositing, so you’ll know what games you can play and the bonus requirements.