The online casino only accepts Bitcoin as a deposit method, which means that players can only make transactions directly using this cryptocurrency. This restriction may pose a challenge for many players who do not have Bitcoin wallets, as they will be unable to play. Additionally, it is crucial to be cautious when depositing funds into an unlicensed casino, as it may not be a reliable or trustworthy platform. It is worth noting that each deposit made to this online casino is processed instantly and without any additional fees.
On a positive note, there is no set minimum deposit requirement, allowing players to fund their accounts with even the smallest amount of 0.000001 Bitcoin. However, it is important to consider that such a small deposit may not be sufficient for betting purposes, and depositing such a small amount of money may not be practical.
Withdrawals are only available in BTC. The minimum amount that can be withdrawn is relatively high, standing at 0.0015 BTC, but may increase in value in the future. There are no specific limits mentioned regarding the maximum amount that can be cashed out, suggesting that players have the freedom to withdraw any desired sum.
In addition to these issues, the processing time for withdrawals is unreasonably long, which is particularly surprising considering that Wagabet exclusively deals with cryptocurrencies. It is expected that approving a withdrawal should be a quick and effortless process, but unfortunately, Wagabet disappoints in this aspect as well, highlighting yet another weakness.
The exact number of times that players need to wager their deposits before being able to withdraw is also unclear. This requirement, known as the rollover, is a common practice in the gaming industry and is also necessary to comply with anti-money laundering regulations. However, this lack of transparency once again emerges as a drawback of the casino experience.
The absence of specified withdrawal limits in Wagabet implies that there are no clearly defined caps on a daily, weekly, or monthly basis. However, this should not be interpreted as the absence of any restrictions as it simply highlights the lack of transparency exhibited by Wagabet, which is highly unfavourable.
Payment method | Min. deposit | Max. deposit | Deposit time | Withdrawal time | Min. Withdrawal | Max. Withdrawal | Currencies |
Crypto (Bitcoin) | 0 | unspecified | instant | Up to 48 hours | 0.0015 BTC | unspecified | BTC |
In the realm of decentralisation and cryptocurrency, there is a prevalent sentiment of distrust towards authorities and a preference for maintaining anonymity and untraceability. This aligns with the fundamental principles of the crypto world as it exists today.
However, it is important to approach this matter with a practical mindset. It is imperative for any casino, including a cryptocurrency-based one like Wagabet, not to remain anonymous and unlicensed. In order to establish its credibility and trustworthiness, Wagabet should take the necessary steps to obtain a valid license. This would provide assurance to players that they have entered a secure and just gaming environment.
Wagabet understands the importance of providing decent customer support, which is why they offer 24/7 chat assistance and an email address for customers to reach out for help. Unfortunately, some customers are unable to make phone calls for assistance at this time. It is imperative for Wagabet to contemplate the inclusion of phone support in its customer service system. This addition would undoubtedly enhance the overall customer experience, ensuring that all queries and concerns can be addressed efficiently and conveniently.
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