Cobra Casino review

6.9
Expert ScoreRead review

Games:
2500+

Payout:
0-3 days

License:
Curacao

WR:
40x bonus, 40x free spins

Category:

Up to C$4,000 + 300 free spins

40x bonus, 40x free spins

CAD accepted

Crypto accepted

6.9Expert Score
Cobra Casino is a new online casino platform with good potential in the online gaming scene. The casino welcomes new players with a generous and personalized welcome bonus selection, ensuring an enjoyable start to their journey. The game collection, though not as extensive as some competitors, still offers a thrilling and fair gaming experience from reputable developers. Additionally, Cobra Casino boasts a well-thought-out VIP program designed to cater to all players with beneficial perks. In terms of banking, Cobra Casino provides fast transactions without any fees, but it could benefit from expanding its payment options to cater to a broader player base. While promotions for existing customers lack variety, the focus on safety and a beneficial welcome package makes Cobra Casino an appealing option for those seeking a secure and rewarding gaming environment.
Security
4.4
Games
5.6
Bonus
9
Payments
9.3
Customer experience
6
PROS
  • Decent game selection
  • Generous welcome packages
  • Worthwhile VIP rewards
  • Reputable parent company
CONS
  • Limited promotions
  • Low withdrawal limits

Cobra Casino bonus

Cobra Casino offers two welcome packages to new players, one for fiat and one for cryptocurrencies, both covering your first three deposits. The match percentages are decent on both offers, with a hefty number of free spins on the fiat bonus, while the crypto bonus has a higher value.

BonusOffer
Welcome package
First deposit100% up to C$2000 and 250 free spins
Second deposit50% up to C$1400 and 50 free spins
Third deposit125% up to C$600
Crypro welcome package
First crypto deposit100% up to 1.5 BTC
Second crypto deposit50% up to 2.5 BTC and 50 free spins
Third crypto deposit125% up to 1 BTC

Overall, both offers are equally generous and favorable, so simply choose the one with your preferred depositing method. The minimum required deposit in order to be eligible for the bonuses is C$30 or 0.0005 BTC, respectively.

Bonus terms

The bonus terms are fairly standard and complement the offer nicely, but nothing really stands out as overly favorable. The wagering requirements are decent since they only apply to the bonus funds, with your deposit being excluded. The crypto deposit bonus has a slightly higher multiplier, but it’s still in the realm of what’s average on the market. The maximum bet limit that is calculated towards completing the wagering requirements, as well as the timeframe, are also average and reasonable. Overall, Cobra Casino has a good welcome bonus offer.

TermsDetails
Wagering requirement (WR)40x bonus, 40x free spins
50x for crypto deposit bonuses
Maximum bet limitC$7.5
Maximum cashout limitNo limit
Time to complete WR14 days, free spins for 7 days

Note that different games contribute different percentages toward completing the wagering requirements:

  • Slot Games (exceptions apply) – 100%
  • All table games, roulette, live casino – 10%.
  • Video poker – 20%.
  • Craps, casual, lottery – 5%

For the full list of games consult the casino’s bonus terms and conditions tab.

Promotions for existing customers

The promotions section, however, is somewhat limited. Players that prefer live casino games can benefit from a cashback bonus and free spins are available daily. You can enjoy a birthday bonus offer, but most online casinos give this kind of promotion as a gift. Most noteworthy is the high roller reload bonus that is accessible to players who have already used all the welcome package bonuses. This promotion is available for a minimum deposit of C$450 and comes with wagering requirements of 40x.

PromotionOffer
Free Spins Every DayUp to 150 free spins
Birthday Bonus100% up to C$200
Live Casino Cashback10% cashback up to C$200
High Roller Bonus50% up to C$1500 twice per month

We would like to see a more balanced offer of promotions from Cobra Casino in the future. Several options for reload bonuses that accommodate for both weekend players and players that prefer to play during the weekdays would be a welcomed addition. Slot tournaments, lotteries and live events could also be included.

VIP program

Cobra Casino VIP program consists of four tiers through which players progress by playing any slot games for real money. Comp points are earned for every C$30 wagered. Bets made with bonus funds do not earn you any comp points.

LevelThresholdsBenefits
Newbie100 – 1,000Master
Talented1,000 – 5,000100 free spins
30% bonus on Thursday
10% Monday cashback
Experienced5,000 – 10,000C$30 free
50% bonus on Thursday
15% Monday cashback
Master10,000+C$150 free
200% bonus on Thursday
20% Monday cashback

The VIP program, however, does not include a comp conversion shame, as is the case at most other online casinos and what the majority of experienced players are used to.

Every C$30 wagered brings you 1 comp point (CP).
Comp points are not exchangeable for cash or any other type of bonuses.

Overall, Cobra Casinos VIP program is decent, since the level thresholds are reasonable, the rewards are generous, as are the benefits. Comp points are easily earned, however, it would be preferable if players could exchange their accumulated points for bonus funds, free spins or cash.

Casino games

Cobra Casinos falls in the small online casino category with a game library that features over 2,700 game titles powered by 66 well-known providers. The majority consists of slots, with an impressive selection of progressive jackpots. Megaways slots are also included, however, they are hard to find, since they don’t have a dedicated category and the search bar displays only ten results at a time. The platform could generally use better game filters, but nevertheless, it’s not too hard to navigate.

Game typeNumber of games
Slots games2,000+
Progressive jackpots642
Megaways slots10+
Video poker8
Table & card games65
All types2,700+

Some of the most popular providers behind Cobra Casinos game library include Play’n Go, Microgaming, Blueprint, Betsoft Gaming, Endorphina, Evoplay Entertainment, Habanero, Playson, Playtech, Quickspin, Pragmatic Play, Bgaming, Retrogaming, Spinomenal, Wazdan, Yggdrasil, Zillion and more.

All casino game providers

1spin4win, 3oaks, 4ThePlayer, Acerun, Amatic, AvatarUX, Bad Dingo, Bang Bang Games, Belatra, Betsoft, BGaming, Blue Guru Games, Blueprint, Boomerang Studios, Booming Games, Bulletproof, Electric Elephant Games, Endorphina, Evoplay, Fantasma, Felix Gaming, Four Leaf Gaming, Fugaso, GameArt, Gamebeat, Games Inc, Gamevy, Gamzix, Habanero, Hacksaw Gaming, Hot Rise Games, Jelly, KAGaming, Mascot, Max Win Gaming, Microgaming, MrSlotty, NetGaming, Northern Lights, Onlyplay, Peter&Sons, Platipus, Play'n GO, Playson, Playtech, PopiPlay, Pragmatic Play, Pragmatic Play Live, Print Studios, Push Gaming, Quickspin, Reel Life Games, Reflex Gaming, Relax Gaming, Retro Gaming, Silverback, Smartsoft, SpadeGaming, Spinomenal, Sthlmgaming, TrueLab, Vivo Gaming, Wazdan, Yggdrasil, Zillion

Live dealer games

The live casino section at Cobra Casino is equally impressive in both numbers and variety. You can find an array of live casino games, numerous variations of blackjack, roulette and baccarat, as well as dice games. Additionally, there is a nice selection of game shows as well, like Sweet Bonanza Candyland, Mega Wheel and Boom City. However, the live casino games are all mashed together in one category, so it’s inconvenient to find your preferred game and some virtual games are mixed in the live section.

Game typeNumber of tables
Live blackjack136
Live roulette56
Live poker5
Live baccarat42
Live game shows37

Cobra Casinos’ live dealer section is powered by popular game providers like:

  • Pragmatic Play Live
  • Vevo Gaming
  • Playtech.

For players that enjoy live dealer games, Cobra Casino offers a live cashback bonus of 10% up to C$200, which is credited automatically every Thursday. To get the cashback, the minimum net loss amount (deposits minus withdrawals) for the previous week should be at least C$30. This cashback is separate from the Monday cashback based on the VIP level.

Banking

Many popular banking methods are available at Cobra Casino, including credit cards, online banking, e-wallets, vouchers and cryptocurrencies. Both deposits and withdrawals are fast and easy, all funds are instantly transfected to your account without any fees. However, the banking limits are significantly low and may discourage high rollers.

Deposits

The minimum and maximum deposit limit varies depending on your banking method of choice, but all options are flexible. Note that to be eligible for the casino’s bonuses a minimum deposit of C$30 is required.

Deposit methodLimits
VISAC$15 – C$6,000
C$15 – C$6,000
InteracC$30 – C$3,000
C$15 – C$6,000
PayzC$30 – C$6,000
C$20 – C$1,000
C$20 – C$4,000
C$30 – C$1,500
C$20 – C$6,000
C$30 – C$6,000
FlexepinC$20 – C$500
0.01 BNB
Bitcoin0.0001 BTC
BitcoinCash0.001 BCH
Ethereum0.01 ETH
Litecoin0.01 LTC
Dogecoin1 DOGE
Tether5 USDT
Cardano2 ADA
TRON10 TRX

Plenty of local options are available like Interac and iDebit, however, if you prefer making larger deposits cryptocurrencies are the best option, since they don’t have set limits, due to their nature.

Payouts

The minimum withdrawal limit is C$30, while the maximum is C$750 per transaction. However, the daily withdrawal limit is set at C$500, so there are some inconsistencies. Your withdrawal requests are processed as soon as possible, with a maximum time for completing a withdrawal request within 12 hours with bank transfers being the exception. They may take up to 10 business days and the minimum withdrawal limit is C$300. Moreover, many of the options available for deposits are not available for withdrawals.

Withdrawal methodLimitsPayout time
InteracC$30 – C$750Instant
Bank transferC$300 – C$7503 – 5 days
PayzC$30 – C$750Instant
C$30 – C$750Instant
BitcoinC$30 – C$750Instant
BitcoinCashC$30 – C$750Instant
EthereumC$30 – C$750Instant
LitecoinC$30 – C$750Instant
DogecoinC$30 – C$750Instant
TetherC$30 – C$750Instant
CardanoC$30 – C$750Instant
TRONC$30 – C$750Instant

The casino will ask to check your identity prior to processing payouts and can hold any refund or withdrawals for the time needed to check your identity. If you win more than C$14,000, the casino reserves the right to divide the payout into monthly installments of maximum C$14,000 until the full amount is paid out. All progressive jackpot wins will be paid in full.

The daily, weekly and monthly withdrawal limits are significantly below average and may affect high rollers and casual players alike.

  • Daily limit: C$500
  • Weekly limit: C$2,500
  • Monthly limit: C$10,000

The withdrawal requests have a pending period of three days during which the casino reviews and processes the withdrawal request before initiating the payment. This means that once a withdrawal request is made, the casino will take up to three days to review and approve the transaction before the funds are released.

It’s important to note that the pending period is separate from the actual payment processing time. After the pending period, the casino will initiate the payment, and the time it takes for the funds to reach your account will depend on the chosen withdrawal method.

Is Cobra Casino reliable?

Cobra Casino launched in 2021, managed by DAMA N.V., a prominent company in the online gambling industry that operates over 75 online casinos and has a strong reputation and experience in the field. Cobra Casino is licensed by the Curacao Gaming Authority, ensuring a safe and fair gaming environment. The games featured on the Cobra Casinos website are provided by renowned developers, so players can expect a diverse and high-quality gaming experience. Additionally, these games undergo independent testing for fairness to ensure unbiased outcomes and use Random Number Generators (RNGs) to further enhance the fairness of the games.

LicenseCuracao Gaming Commission
Parent companyDama N.V.
Established2020
SSL encryption256-bit Cloudflare
RNG certificatesN/A
Trustpilot rating1.9
Our security rating3.0

Cobra Casino implements modern SSL encryption technology, which is a standard security measure employed by reputable online platforms. This encryption ensures that sensitive data transmitted between players and the casino remains secure and protected from unauthorized access. Acquiring a local license will further increase Cobra Casinos’ trustworthiness, but even with a Curacao license and the recent launch date, we have no reason not to trust it, due to its associations. However, due to its short tenure and mixed user reviews, we cautiously rate Cobra Casino with 3 out of 5 security points.

Customer support

Cobra Casino offers a reliable customer support service that can be reached via email or through the 24h live chat. No phone support is currently available.

MethodDetails
Live chat24/7
Email[email protected]
Phone supportN/A
FAQsBasic

The FAQs section is easily accessible through the main menu, however, it only offers some basic information on deposits, your account and security measures.

Final verdict

Cobra Casino is a well-rounded new platform with a lot of potential, but it still leaves a lot of room for improvement in many aspects. New players are greeted with a generous and favorable welcome bonus selection suited to their preferences. However, the promotions for existing customers lack variety and versatility. The game collection is decent, and provided by trusted and popular developers, ensuring an exciting and fair gaming experience, but it’s not as numerous as the competitors. Banking is fast and easy, but with limited options and low the withdrawal limits may discourage both casual players and high rollers. However, it could still be a viable option for those who prioritize safety and a beneficial welcome package.

FAQs

Is Cobra Casino safe?

Yes. Cobra Casino is licensed by the Curacao Gaming Authority, which ensures the casino follows strict regulations. Cobra Casino also implements modern SSL encryption technology to safeguard your personal information and data and the latest anti-fraud techniques to guarantee full financial security of players.

How long do withdrawals take at Cobra Casino?

All withdrawals at Cobra Casino are processed as soon as possible which is seemingly instantly for all banking options, with the exception of credit cards and bank transfers which can take up to ten days. We suggest you upload your documents in your profile to speed up all your withdrawals, and not have withdrawal canceled due to required verification.

Are the games at Cobra Casino fair?

‍Cobra Casino runs a fair and secure gaming platform. Moreover, the casino only hosts games from trusted and licensed gaming suppliers, so all games have gone through tests to ensure all Random Number Generators perform correctly, guaranteeing a fair playing field. Moreover, the casino has received accreditations from many top casino news sites, which are proudly displayed on the homepage.

How do I join Cobra Casinos VIP program?

Just sign up. Cobra Casino’s loyalty program is open to everyone and you don’t need to be a VIP to join this club. Moreover, the VIP program itself is well thought out and beneficial to all players.

Is there a mobile app for Cobra Casino?

Cobra Casino is available on mobile but not through an app. If you want to play on a smartphone or tablet, you will have to log into the casino through your web browser. This is not an issue as most casinos don’t offer an app due to App Store and Google Play Store regulations.

Specification: Cobra Casino review

Bonus

Up to C$4,000 + 300 free spins

Wagering requirement

40x bonus, 40x free spins

Cryptocurrency
Devices AndroidDesktopiPadiPhoneTablet
Number of games 2,500+
Payments
Payout time 0-3 days
Software
Type of games BaccaratBlackjackCrapsLive dealerMegaways slotsPokerProgressive slotsRouletteSlotsVideo poker
Licenses Curaçao

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