My Honest Metaspin Review (Tested With A Real Deposit)

Metaspins is a brand-new crypto casino established at the end of 2022. One feature that separates this platform from others is the rakeback structure that it offers through the wheel of fortune. This rakeback model offers gamification and an additional thrill. Today I am going to find out how this casino operates and which are the other services besides the unique rakeback that this casino is offering.

To write this Metaspins review I am going to make a deposit using my own money. During the testing period, I will check the list of the games, bonuses, promotions, and quality of the support agents. I will also go through the Terms and Conditions and measure the time needed to withdraw funds from the platform.

✔️ Is Metaspins legit? (5/5)

Metaspins is a regulated casino and, like many other crypto-gambling brands, operates under Curacao’s jurisdiction. This is not the best license, to be honest, but it is better than nothing. Curacao accepts new gambling platforms as long as they are ready to pay the annual licensing fee.

In case of players’ disputes, Curacao gives priority to the casino’s Terms and Conditions, which often might include controversial rules. This is why every Curacao-licensed casino should be extra-checked to find out if they had any reputational issues or problems.

I did not find any negative cases related to Metaspins’ trustworthiness, but the brand is still pretty new, so we need to keep an eye on it. For now, nothing prevents me from giving the maximum of a five rating in this section of the review.

🎲 Games and providers (5/5)

Both slots and live casino players will find enough game providers at Metaspins casino. The arsenal of games is presented with the most well-known studious, including Pragmatic, NetEnt, Play’n Go, and Evolution.

This section of the review gets the maximum rating. I tested Metaspins for two days and during that time I never had any issues with finding a game to play.

🎰 Slots RTP (5/5)

Most crypto casinos that I have reviewed so far do not pay much attention to the RTP. But Metaspin is different, as each game page contains the Return-to-player value.

Knowing the RTP value is essential while playing casino games, as this number shows the amount of money given back by this particular game to the players in the long term. While it is true that RTP is not individual and is being distributed across all the users playing the game, it is still worth choosing a game with a higher RTP. This section of Metaspin’s review gets five points from me again.

💰 Payment methods (4/5)

Metaspins is a crypto-only casino that accepts all major coins for deposits and withdrawals, including Bitcoin, Ethereum, Tether, USD Coin, Tron, Cardano, Litecoin, and Dogecoin.

The minimum deposit using Bitcoin is 0.0001 BTC.

The minimum withdrawal amount is 0.001 BTC, which is 10 times higher compared to the minimum deposit amount.

Deposits should be wagered one time, which is a standard procedure across online casinos.

At this moment, Metaspins is advertising its zero withdrawal fee promo, so during this promotion cashouts can be requested free of charge.

I have asked the support what the withdrawal fee after the promo will be, but I did not receive any additional information on this matter. According to support, the promotion could be extended.

I made my first deposit using Bitcoin.

Right after sending the funds, I received an on-site notification.

The balance was also instantly updated.

I give this section of the review four points. One point is deducted for the zero withdrawal fee promotion which is most likely a time-limited offer and will be finished in the near future. Other than that, there are no claims from my side.

🚀 Welcome bonuses (1/5)

Metaspins offers a 100% up to 1 BTC welcome bonus. Is this deposit bonus worth taking? Let’s find out.

According to the T&Cs, this bonus has a 25x wagering requirement both for deposited and bonus money amounts, which in reality means that the wagering requirement is 50x.

Let’s take the information shared in the T&Cs example and do some math. Suppose we deposit 100 USD and get another 100 USD as a bonus. Now we need to wager 200 x 25 = 5000 USD to clear the bonus. If we play slots with an RTP of around 96%, then after placing 5k in bets, we shall lose 5000 x 4% = 200. So, in the long run, we will be out of balance when the wagering requirements are met.  

This welcome offer can be used to prolong the gameplay, but do not expect to actually benefit from it. I give this section of Metaspins’ review only one point out of five. The 50x bonus wagering requirement is impossible to beat and heavily designed against the players.

📢 Promotions (3/5)

I do like how Metaspins organizes its promotions, but there is one rakeback-related issue that I am going to talk about in a while.

Let’s start with What the Fluctuation aka WTF?! promotion. This promo lets you participate in the Bitcoin price prediction competition, offering solid prizes.

You can place your predictions on a daily basis, but you need to make at least one deposit that day.

Now let’s talk about the rakeback. The maximum rakeback amount you can theoretically get is based on your level.

You simply need to spin slots with a minimum bet of $0.20 in order to gain points and level up.

You can find the number of spins needed to reach certain levels in the table below:

There is also a list of the games offering you twice more points towards the levels. I guess the games are subject to change so make sure to check the participating slots before you play.

All rakeback prizes are wagering-free.

So, the rakeback at Metaspins is done through rounds on the wheel of fortune. Once you hit a certain number of spins, you will be able to spin the wheel of fortune.

This is how it works. I received the first level-up wheel after placing 100 real money spins.

And this is the prize I received, $0.04 in Ethereum cryptocurrency.

This is the issue that I was talking about, the rakeback might be given in a random currency. I have deposited Bitcoin to play, but this time my rakeback was paid in Ethereum. There is also no option to convert the currency from ETH to BTC.

What should I do with $0.04? I cannot place a bet and cannot withdraw it. The rakeback I received for the first level is useless. What is the reason for giving the rakeback in a random currency? I am honestly not sure. However, the following could be the reason: to limit the usage of rakeback money.

I reached the 5th level during my Metaspins testing period. Here are my rewards:

  • 0.02$ in ETH
  • 0.03$ in ETH
  • 0.11$ in ETH
  • 0.12$ in BTC

So, after reaching the 5th level I have received my rakeback in BTC, my balance’s currency, only once.

Besides level-up wheels, you can also get a daily metaspin after depositing at least 30 USD that day.

As I made a first deposit of over 30 USD, the daily Metaspin was also available for me.

I have won another $0.04 in ETH.

This is what my balance looks like after deciding to finish the experiment with Metaspins casino. As you can see, the biggest part of my rakeback reward is in ETH, which I cannot withdraw. The only thing I can do is play one $0.20 spin in a slot.

I give this section of Metaspins’ review three points. The wheel of fortune rakeback feature is something new and exciting, but the way the casino pays the rewards is really wrong. I would like to receive my rakeback in a currency I am using for playing. There are absolutely no benefits for players to get the rewards in random currencies. It would be interesting to know the actual reasons for organizing this promotion in such a ridiculous way.

🔎 KYC and anonymity (3/5)

Below you can see the list of restricted countries at Metaspins casino. Always double-check the actual list before registering an account as some new countries could be added in the future.

As with every other Curacao-licenced casino, Metaspins reserves the right to initiate a KYC verification to check the player’s age and country of residence.

According to the support agent, Metaspins does not usually ask for KYC on the first withdrawal, but at some point, they will request it if you start using the casino on the daily basis.

I give three points in this section of the review. This is the standard rating that all of the Curacao casinos are getting from me.

👨‍💻 Customer support (5/5)

I do like how the Metaspins live support deals with users. The answers were fast, accurate, and friendly. The chat agents were online every time when I wanted to contact the support and it looks like it works 24/7. This section of Metaspins review gets the maximum five points of rating.

⚡ Speed of withdrawals (5/5)

After playing for a while, I won some extra money and decided to request a withdrawal back to my BTC wallet.

The transaction became visible in the blockchain 8 minutes later.

I would say that the withdrawals at Metaspins are almost instant. It looks like there is a sort of manual confirmation process, but in my case, the cashout was confirmed really fast. This section deserves the maximum amount of points again.

🌐 Is VPN allowed? (5/5)

I had to contact the live chat support regarding the VPN usage, as the Terms and Conditions contain no information on that matter.

The support agent confirmed that VPN is safe to use at Metaspins, so this section of the review gets the highest rating.

🏁 Final verdict (4.1/5)

Metaspins has surprisingly shown really good results in almost all aspects, except for the Welcome Bonus and Promotions. This casino is definitely worth trying and it could also compete with other industry leaders after fixing the currency issues connected to rakeback.

It would also be nice to finalize the withdrawal fee-related question, as at this point it is hard to understand whether the cashouts will remain free of charge or not. Metaspins definitely has taken a strong start and I believe that in the coming years, it can become a day-to-day gambling platform for a lot of crypto gamblers.

Metaspins Casino

4.1

Is Metaspins legit?

5.0/5

Games and providers

5.0/5

Slots RTP

5.0/5

Payment methods

4.0/5

Welcome bonuses

1.0/5

Promotions

3.0/5

KYC and anonymity

3.0/5

Customer support

5.0/5

Speed of withdrawals

5.0/5

Is VPN allowed?

5.0/5

Pros

  • Exciting rakeback feature
  • Fast withdrawals

Cons

  • Random rakeback currency
  • High wagering requirements
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