LaraBet Casino Review

LaraBet offers players a relatively large pool of options, when it comes to payment methods, letting them choose between the more traditional banking methods and e-wallets, and the more modern cryptocurrencies. This diversity is something we always seek in a new casino, as it shows the dedication the casino has for inclusion and consideration of its players’ preferences.

The available payment methods for depositing funds into an account are Mastercard, PaysafeCard, Skrill, Neteller, MiFinity, BinancePay, Tether, Bitcoin, Ethereum, Litecoin, Ripple, USD Coin, BitcoinCash, and Dogecoin. Most of them have their minimum limit set at €10, with the exception of BinancePay and Bitcoin, where the limit is €20 and €30 respectively. The maximum limit varies between €1,000 and €2,500 for cards and e-wallets, and reaches €5,000 when it comes to cryptocurrencies. The casino doesn’t charge any fees, but it’s important to note that the payment provider itself might charge a small fee. The processing of the deposit is instant, letting players immediately jump into the action!

There are small differences when it comes to withdrawals – PaysafeCard, Neteller, and BinancePay are missing from the lineup, but the addition of bank transfers, Revolut, and Visa might be somewhat of a compensation. The cards’ and e-wallets’ minimum withdrawal limit is set at €10, and the cryptocurrencies’ are: Tether, Ripple, and USD Coin – €30, Ethereum – €40, and Bitcoin – €60. The maximum withdrawal limit varies between €2,000 and €5,000 for each payment method. There are once again no fees from the casino’s side. The processing time can take up to 72 hours, making this process rather tedious.

On top of that withdrawal requests can be only processed on weekdays between 8 AM and 7 PM, meaning weekend withdrawals are not possible. The rollover requirement before withdrawal is 1x.

There are other withdrawal limits that have to be taken into consideration when looking into LaraBet. According to the VIP level of each player, they can withdraw a different sum per day and per month:

The daily limit for level 1 seems rather low, and we believe that might be because the casino is trying to incentivize players to climb up the VIP ladder, motivating them to spend more time at the casino.

As most other casinos, LaraBet also requires an identity verification before the first withdrawal from the account can be made. The casino mentions additional checks might be required later on, but does not specify exactly when. It is safe to say that KYC checks will be conducted if they see unnatural behaviour or suspicious activity overall, so nothing to fear here.

The documents that you might be asked to provide are, but not limited to:

• ID – a document to verify the player’s identity, like a driver’s license, passport, or a national identification card.
• Proof of residence – document, verifying the address of the player, such as a utility bill from within the last 3 months.
• Transaction history of the payment method used for deposits.

After the verification is completed, players should be able to comfortably deposit and withdraw money from their accounts, without any administrative hiccups.

Inactive accounts

An account is considered “Inactive” if there hasn’t been any recorded activity for a period of 180 consecutive days, or 6 months. If an account is “Inactive”, an administrative fee of €5 per month will be charged until the balance reaches zero, or until the account is reactivated. To prevent such a thing, you can just log in every couple of weeks to reset the period, and skip the administrative fee.

When researching a new casino, it is important for us to figure out how it guarantees the players’ safety and security, as well as its data protection measures and licensing. That’s why we were glad to find out that LaraBet is fully licensed, the website is protected with encryption, and the data privacy policies guarantee the safety of each player.

LaraBet is owned by NovaForge Limited and licensed by Anjouan Gaming, with the license number ALSI-152406028-FI2. We have to admit that this information is not as easily accessible as we believe it should be – it is not located in the footer of the page or the Terms and Conditions. We actually had to manually look through different gambling regulators’ databases to find it. But we were already prepared for that – NovaForge casinos tend to hide this information from the player, which genuinely seems problematic.

The website itself is encrypted with an SSL protocol, a certificate that every website should have, as it guarantees that the transmission of data between the player’s device and the casino’s servers cannot be intercepted and used by an unauthorized third party.

When it comes to RNG certification, we were still a bit disappointed, as LaraBet didn’t provide us with any information about provably fair games. It’s too early to panic, though! Working with some of the most well-known providers in the industry, like NetEnt, Evolution, and Play’N GO, we are still sure that the casino provides at least some fair games. Most providers themselves have their own RNG certifications, so there isn’t anything to worry about for now.

Although Lara Bet is not required to provide Responsible Gaming tools by Anjouan Gaming, the casino still offers some. It gives out tips on how to recognize when a player is not in control anymore, as well as links to helpful organizations, support from the customer support staff, and self-exclusion options. This proves to us, once again, that the casino has put a strong focus on players’ safety and security.

Restricted countries: Afghanistan, Armenia, Belarus, Belgium, Bulgaria, China, Curacao, Cyprus, Côte d’Ivoire, Denmark, Egypt, Georgia, Iran, Iraq, Israel, Japan, Lithuania, Malta, Moldova, Myanmar, Romania, Russia, North Korea, Portugal, Netherlands, Spain, Sweden, Ukraine, United Kingdom, United States of America.

LaraBet offers two ways to contact their customer support team – by the live chat function, or by email at [email protected] and both are available around the clock. The live chat uses an automatic translation of messages for both the agent and the user, meaning that no matter the language you speak, you will always receive the help you might need.

In our experience, the customer support agents respond fast and give thorough and very helpful instructions on how to resolve different issues. Overall, we believe that LaraBet provides its player base with excellent customer support, but the translation engine doesn’t always work properly, so that is something the casino has to work on.