MadMoney is an online casino that accepted its first customers in April 2020. It offers some rarely found games and the welcome bonus that is too tempting to ignore. Well, the only thing we wanted to figure out was whether this is a genuine casino or yet another scam casino launched to rip you off then find hundreds of reasons to withhold your winnings.
|🤝 Owner:||SG International N.V.|
|🆕 Online since:||2020|
|⭐ Trust score:||3.5 / 10|
- Rare titles available
- Offshore license
MadMoney Casino - Video Review
MadMoney Casino Review
100% Match Deposit Bonus of up to €1000
100% Match Deposit Bonus of up to €1000
Newcomers are greeted with a 100% match deposit bonus of up to €1000. To release the bonus funds, you have to meet a 15x (deposit + bonus) wagering requirement. The max bet when playing with bonus funds is €3, which is less than the €5 max bet most casinos have. The max amount you can cash out is 3x the bonus amount. In other words, if you deposit €20, you get €20 bonus, which means you have €40 to play with. To release your €20 bonus, you need to play through €40x 30(deposit + bonus) = €1200. Regardless of the amount you win, you can cash out 3 times the deposited amount, which makes €60. If that’s not a vicious circle we don’t know what is.
If you make a second deposit of at least €50, you are eligible for receiving 150 free spins on Betsoft games. To release the winnings from the free spins, you have to clear a 5x wagering requirement. Once you do that, you are allowed to cash out no more than 6x the deposited amount. If we assume that you deposited €50, the max amount you can cash out after meeting the wagering requirement is €300.
The third and the fourth deposit bonuses come with terms, similar to those of the first deposit bonus. To avoid repetition, we are not going into details once again. We just recommend you to think twice before claiming any of the bonuses.
MadMoney casino seems determined to make a difference, or maybe it is yet to sign contracts with industry leaders, but for now, rarely found titles prevail. The casino works with a great number of small scale studios that are yet to consolidate their positions on the market, so chances are that you would find a bunch of slots you haven’t played before. As for the table games and live casino games, you will not be disappointed by the available variations.
Slots to try for a demo play or real money at MadMoney Casino
Some of the popular studios the casino works with are Amatic, Apollo, AsiaGaming, Betsoft, Booming, Endorphina, Evolution, Ezugi, Fugaso, Genii, iSoftBet, Leander, Microgaming, NoLimit, Pariplay, Playson, Spinomenal, Tom Horn, Wazdan.
Deposits and Withdrawals
Compared to the other new casinos, MadMoney supports a limited range of payment processors, but the good news is that it accepts the most popular one – Visa, MasterCard, Skrill, Neteller, Yandex Money, Qiwi to name a few. The minimum deposit is €10, the minimum withdrawal is €10, too. All payout requests that do not exceed €1000 are processed within 72 hours. If the amount you would ike to cash out is more than €1000, it will be processed within a week.
At the time of writing, the casino hasn’t included a deposit rollover clause in its Terms, but we advise you to check out T&C page for a deposit turnover requirement, as this is a practice many new casinos have been adopting lately.
Depending on game played
* Depending on currency
Depends on the amount withdrawn
Maestro, MasterCard, Neteller, Qiwi, Skrill, Visa, Yandex Money
Security and Licensing
MadMoneyCasino is operated by SG International N.V. – a company that holds a Curacao gambling license. Curacao licensees are often (rightfully) accused of violating the responsible gambling practices, so no matter if you want to open an account at Mad Money or any other offshore casino, keep in mind that you might encounter difficulties withdrawing your winnings.
3+ years online
MadMoney Casino is not available in USA
France , Great Britain , Guam (USA) , Italy , Spain , U.K. , USA , USA Minor Outlying Islands , Virgin Islands (USA)
MadMoney Casino is open to these countries:
You can get in touch with the customer support via live chat, phone, and email.
Layout and Navigation
Mad Money casino has a standard layout with all important tabs placed right at the top of the main page. Licensing and terms and conditions information is found at the bottom of the page. It is odd that there is no bonus policy page, but hopefully, such will be added soon. The main page itself is occupied mainly with previews of the available games. There is also a search bar and an option to filter the games by provider, which is very convenient indeed.
The games we tested ran well on mobiles. Most titles are playable in demo mode even if you do not have an account, but keep in mind that some games require Flash to run.
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Mad Money Casino FAQ
MadMoney is a casino holding an offshore license and offering seemingly tempting bonuses, but you may end up clearing a wagering requirement and cashing out a modest amount. To avoid such unpleasant scenarios, we recommend you play at safe casinos that might not offer exclusive bonuses, but at least you can be sure that you will get your winnings to the last penny.
New players are eligible for claiming a 100% match deposit bonus of up to €1000. The bonus comes with a 15 (deposit + bonus) wagering requirement. It would have been a terrific offer if it wasn’t for the €3 max bet and the max cashout of 3x the awarded bonus amount.
Sadly, there is no institution to protect your interests in an event of a dispute between you and an offshore casino. There is not much you can do apart from trying to resolve the situation on your own by speaking to the casino’s support.
There is no shortage of slots, table games, live casino games, scratchcards, and video poker games. However, if you are looking for titles developed by the most popular game studios, you’d better look elsewhere. The casino works mainly with small scale providers, which is not necessarily a bad thing. It all depends on your personal preferences.
MadMoney Casino comparisson
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