LibraBet is a Curacao-licensed online casino that accepts cryptocurrencies and fiat currencies. It launched back in 2018 and is operated by Araxio Development, a leading brand that also stakes a claim on a host of other highly-rated online casinos.
As the name suggests, LibraBet also operates a sportsbook. However, as far as we can tell, the casino is the biggest section of the site and it’s also the one that we will focus on the most here.
In this LibraBet review, we’ll shine the spotlight on the brand’s online casino and sportsbook, looking at features such as its range of deposit and withdrawal options, its new player and reload bonuses, safety and security features, and more.
- Multiple Payment Options
- €500 Welcome Bonus
- Loyalty Bonus
- Well-Known Operator
- Includes Sportsbook
LibraBet Pros and Cons
- Casino and Sportsbook
- Loyalty Scheme
- Fiat Currencies and Cryptocurrencies
- Established Operator
- Lots of Games
- Low Withdrawal Limits
- Lots of Country Restrictions
- Slow Withdrawals
- Problems with Design
Restricted Countries
Most Bitcoin casinos are licensed in Curacao, and LibraBet is no exception. As we have noted several times before, this currency makes many regulators wary. It’s not that they have an issue with the currency itself, but rather that they don’t take too kindly to the anonymity and the ease of use that it provides.
One of the benefits of Bitcoin casino gambling is that you don’t need to go through a lengthy sign up process and, in most cases, casinos won’t even ask you to verify your ID. This is not something that regulators in the UK, Sweden, Malta, and other regions allow. They have very strict rules when it comes to Know Your Customer, and this helps to keep money laundering and problem gambling to an absolute minimum, while also removing the risk of underage gambling.
With Bitcoin, it sacrifices these features in the name of convenience. It doesn’t really mean much to the player, except that Curacao casinos tend to be less stressful and demanding, but it makes a massive difference to the regulators.
That’s why LibraBet Casino only has a license in Curacao, it’s why many other casinos have followed suit, and it’s why it may be some time before you see UK casinos openly embracing cryptocurrencies.
- Australia
- Bulgaria
- Denmark
- Iran
- Iraq
- Israel
- Italy
- Moldova
- Netherlands
- Portugal
- Spain
- Sweden
- Switzerland
- Ukraine
- UK
- US
LibraBet Screenshots
https://www.webxcon.com/librabet-online-casino-review#sigProId035671f2af
LibraBet Promotions and Bonuses
You won’t find massive Bitcoin casino bonuses here and LibraBet doesn’t compare to some of our bigger and better reviewed casinos in that sense. However, there are a few decent bonuses, including a casino games offer that gives all new players up to €500. To qualify for this bonus, you need to be a new player and a first-time depositor.
Your first deposit will be matched up to €500 and you’ll also get a bundle of 200 Free Spins. It’s comparable to some of the better fiat currency casinos we have reviewed and will appeal to all but the highest of high rollers.
Other offers include a cashback bonus, where you can collect up to €500 every week as 10% cashback, and a Loyalty Scheme. In addition to cashback, perks, bonuses, and other rewards, this Loyalty Scheme increases your withdrawal limit and is essential for high rollers.
The Loyalty Scheme will also provide you with a personal VIP manager, who is on hand to help whenever you need them. As is so often the case, this scheme is open to everyone and everyone can feel like they are getting something out of it, but unless you’re deposing thousands of dollars a month, it won’t be worth your while.
LibraBet Software
LibraBet has a very good aesthetic. In many ways, it reminds of us of the Betway casino and sportsbook. It’s a black, blue, and white colour scheme, everything is neatly laid out, and there are a wealth of features and navigation options to explore.
However, as good as everything looks, there are some inherent issues with this design. Firstly, on entering the LibraBet site for the first time, you’re not greeted with a lot of information about the casino’s games or betting options. In fact, as a non-member, you can’t access any areas of the sportsbook or check any of the markets.
The casino is only interested in throwing bonuses at you and trying to tempt you inside. We understand that bonuses are an essential part of the process. But what kind of sports bettor is going to join a site when they have no idea of what sports it covers, what betting markets it offers, and what kind of odds it has?
This information should be readily available, and it’s not. The LibraBet Casino layout is not as bad, as you can see what games are available and you can also learn about them in this review, but for sports bettors, it’s a little frustrating.
We had a few other issues with the site as well. We tried it from several different locations using a VPN and we also tried it on mobile and desktop. For whatever reason, it just wasn’t working as it should have done and many of the pages weren’t loading. Maybe this was a temporary issue, maybe not, but if you’re settling down for a night of slots or table games after a long day, issues like this will drive you up the wall.
- NetEnt
- Microgaming
- Amatic Industries
- QuickSpin
- Evolution Gaming
- Yggdrasil Gaming
- Pragmatic Play
- bGaming
- Habanero
- Rival Gaming
LibraBet Banking Options
Take your pick of a host of fiat and cryptocurrency payment options, all providing a quick and safe way to fund your LibraBet account. You can deposit with popular debit cards like Visa and MasterCard, web wallets like Skrill and Neteller, and cryptocurrencies like Bitcoin and Litecoin.
You won’t be charged a fee for any of these methods, but when it comes time to withdraw your winnings you will be subject to a pending withdrawal time of up to 72 hours. It’s an unusually long pending time for a modern online casino, especially when you consider that other sites run by the same operator process payments in just a couple of hours.
Three days may not seem like much in the grand scheme of things and if you’re an old-school gambler who remembers the days it would take a week or two to get your money, it may seem acceptable. But if you’re using a debit card or credit card, it means that you could be waiting 5 to 7 days in total to get your money.
Add a bank holiday weekend to the mix and a verification request, and that can extend to two or even three weeks, which is definitely not acceptable.
Generally, verification requests are processed quickly with LibraBet, but as any experienced player can attest, there are always issues. We’ve been through this process dozens of times and often use the same pictures from one site to the next, yet we’re constantly encountering requests for new info, uncropped images (even though the images were not cropped to begin with) and other minor issues.
They are usually resolved quickly and typically result from overzealous employees or problematic automated systems. In any case, while rare, they do happen, and they can slow things own immensely.
If you’re going to use LibraBet Casino or sportsbook, we recommend sticking with a cryptocurrency and beginning the verification process before you even make your first withdrawal. You’ll still have to wait for those 72 hours, but it shouldn’t be delayed further.
Standard
- Cheque
- Credit/Debit Cards (Visa, MasterCard, Maestro)
Wallets
Cryptocurrencies
Currencies
- Australian Dollars
- Canadian Dollars
- Chinese Yuan
- Euros
- Norwegian Kroner
- Russian Rubles
- Turkish Lira
- US Dollars
Languages
English
German
Portuguese
Russian
Finnish
Turkish
LibraBet Withdrawal Limit
On the surface, the LibraBet Casino withdrawal limit looks pretty atrocious. It is listed as just €500 per transaction and €10,000 per month. That’s pretty drab for a high roller and means they’ll need to withdraw winnings of €50,000 over 5 months and 100 transactions. However, it’s not as bad as those initial limits might seem.
As you advance through the Loyalty Scheme levels, the limits relax a little. At the highest level, it’s €1,500 per transaction and €20,000 a month.
It’s much better and will appeal to a wide range of players, but is it perfect? Not even remotely. If you’re depositing €20,000 or more every month, as many high rollers do, you’ll want to take your business elsewhere.
Most new casinos have withdrawal limits these days and LibraBet is certainly not alone in this. But no limit casinos exist, as do ones with more expansive and all-encompassing limits.
LibraBet Games
There are over 1,500 games in the LibraBet Casino games room and the vast majority of these are real money slots from developers like Microgaming, NetEnt, Rival Gaming, Yggdrasil Gaming, Habanero, and Quickspin. And this is just a few cherry-picked creators, as there are several others available.
Searching by provider is the easiest way to find titles by your preferred developers. It helps you to sift through the 1,500+ titles, which can be a pretty daunting task otherwise.
LibraBet also lists a selection of top casino games, including close to 20 Roulette titles, 40 Blackjack variants, 27 Video Poker Pokers, and more than a dozen Live Casino titles.
The Live Casino is actually one of the few disappointing aspects of this casino’s game’s room. On the one hand, the games are provided by the master developers at Evolution Gaming, the creators of titles like Lightning Roulette, Lightning Craps, Dream Catcher, Football Studio, Deal or No Deal Live, and countless others. However, with just 15 titles to choose from, you may be a little short on options.
Tournaments
Take part in regular slot tournaments to earn some cash and credits from playing the games you love. These tournaments require you to play specific slots at specific times, often after opting in and staking the minimum.
You’ll earn points every time you spin and these points are either based on your wager amount or your win multiplier. The more you play, the more points you will accumulate and the higher you will climb up the leaderboard. The top finishers on this leaderboard earn cash, credits, Free Spins, and other prizes, with the biggest tournaments paying the top few dozen finishers.
Real money tournaments like this add a little extra excitement into your gaming sessions and are always worth a play.
Slots
American DadBased on the antics of the Smith family.
Finn and the Swirly SpinAn exciting slot with a unique twist.
Gonzo's QuestExplore the Incan civilization in this NetEnt chain reaction slot.
StarbustA popular NetEnt title that explores the vastness of open space.
Table Games
European RouletteA popular game of roulette offering big wins and odds.
French RouletteOne of the lowest house edges of any roulette game.
KenoA popular numbers game offering big wins.
Live Casino
Dream CatcherA wheel-based game of chance.
Live BaccaratPlay Baccarat live!
VIP Baccarat A high stakes game of live Baccarat.
LibraBet Security and Safety
LibraBet is backed by the regulators of Curacao, uses a secure SSL, and has a dedicated responsible gaming program. It also works closely with the industry’s best developers, all of which audit their own games to ensure they are completely safe, secure, and fair.
All things considered, there are no issues to worry about here. In addition. The casino has a dedicated customer support team, one that is on hand to deal with your issues around the clock. You can use Live Chat 24/7 and there is also an email address if you don’t have the time for a sit-down chat.
If you’re a part of the LibraBet Loyalty Scheme, we recommend going through your VIP account manager. This is especially true for high level players. Casinos like to insist that everyone gets the VIP treatment, regardless of who they are or how much they spend. But in our experience (on all casinos, not LibraBet in particular) you’ll always get a faster and more willing response if you’re a high roller and long-time member.
FAQs
Yes, you can access LibraBet Casino and LibraBet Sportsbook on your mobile, and this is the method that we recommend. It’s better than the desktop site and seems to be more intuitive.
This online casino accepts BTCs and you can also use a host of other cryptocurrencies, including Ripple, Litecoin, and Ethereum.
LibraBet does not have a license from the UK Gambling Commission, so it is not available to players in the UK.
You cannot use PayPal to make a deposit here. The same is true for many Bitcoin casinos. For whatever reason, it seems that these payment methods don’t mix! See our guide to top PayPal online casinos for a list of casinos that accept PayPal.
Our LibraBet Review Summary
LibraBet is a pretty good Bitcoin sports betting site and online casino. It is not without its issues, there is no denying that, but if you can get past these, and you’re looking for a place to bet and play using Bitcoins, it’s worth considering.
We recommend using your mobile if possible. While we prefer using a desktop or laptop to gamble (especially when playing online casino games) this site just doesn’t seem to be built for it. Sure, it works, but it seems to be quicker on mobile and has a very obvious mobile aesthetic going on.
Join LibraBet today using the links on this page to make sure you get the latest bonus.
