My Honest Playbetr Review (Tested With A Real Deposit)

Playbetr is the official betting partner of the Paris Saint-Germain football club in Latin America. There are not that many crypto gambling brands that have a connection with top football clubs. Although you will not see Playbetr’s logo on the PSG players’ jerseys, it is still remarkable cooperation for an online gambling site.

Besides betting on sports, Playbetr is also offering a full casino product. Today I will make my first deposit on this platform, test out the games that they are offering, get bonuses, and request a withdrawal in order to compile an unbiased Playbetr review. I am not anyhow sponsored by any of the brands that I am reviewing and always risk my own money while testing these gambling platforms.

✔️ Is Playbetr legit? (5/5)

Playbetr operates under one of the most common licenses in the crypto gambling space: a gambling license released by Curacao. This is the most basic casino and sports betting platform license, as it is easy to get and maintain. As a player, you can approach the licensing authority in case of disputable cases connected to withdrawals, but do not expect to receive much help.

Most of the time, the cases that reach Curacao’s authorities end up in favor of the casino platform. So yes, dealing with a Curacao-licensed casino is safer than with an unregulated website, but you still need to do your own research and check if the casino has problems with withdrawals.

I did not find any Playbetr scam accusations, and it seems that the platform is safe for players. At the same time, I must say that there are not that many guys who are actually using the website for real money bets. I was able to make the largest number of bets for the current month in their casino while testing Playbetr’s games. Surprisingly, I reached the top in just 2 days. Additionally, this experiment was made at the end of the month, which shows that players didn’t bet large sums of money.

Things are a bit better for the sports betting product, as there were around 35 active players placing bets with Bitcoin during the testing month. I give this section of Playbetr review five points out of five, but we need to keep in mind that the platform is not that popular.

🎲 Games and providers (4/5)

The list of casino game providers available at Playbetr is huge, both for slot and live casino players. I would give this section the maximum number of points available, but there are two issues that I have found here.

The first issue is that the games are not anyhow sorted by categories. You can switch between games by game studious, but the overall experience is still not good.

The second issue that I found is that not all game providers are working in my country, and the Playbetr website does not filter the list of games. Sometimes I just open the game and see a blank window, meaning that the game is not loading. It takes a lot of unnecessary clicks to find out which games are actually available for me.

I deduct one point for the game lobby structure in this Playbetr review. The casino should not only provide a big number of games but also make sure that these games are comfortable to navigate and play.

🎰 Slots RTP (0/5)

Playbetr is not publishing the return to player rate for the casino games present on the platform. This was also confirmed by the live chat agent.

While for some providers the advice to check the website might work, there are multiple other game studios offering their games with several RTP settings. It means that the casino management can choose which RTP to set: low, medium, or high.

I always feel more comfortable playing at a casino that is fair and transparent with the information they share. The Return to player rate is one of the things that can help the brand in achieving transparency. This section of Playbetr’s review does not receive any points from me.

💰 Payment methods (4/5)

Playbetr is accepting all popular cryptocurrencies for deposits and withdrawals: Bitcoin, Ethereum, Tether, Binance Coin, Ripple, Dogecoin, Bitcoin Cash, Monero, Dash, Shiba Inu, and BUSD.

The list is indeed impressive and it also includes some assets that are hard to find on other platforms, such as Shiba Inu, for example.

The minimum Bitcoin deposit is 0.01 mBTC and the min withdrawal amount is 0.5 mBTC. These are very reasonable values, suitable even for small players.

According to the support agent, there are no wagering requirements attached to the deposited amount. It means that you can request your withdrawal any time you want, without the need to wager your funds 1 or 3 times, as most other casinos require.

There is just one small thing that is preventing this section of Playbetr’s review to get the maximum rating: the withdrawal fee. Fortunately, the casino is not charging any extra fees for requesting a cashout. You will only have to cover the blockchain fees.

I have checked the amount of fee deducted on my withdrawal and indeed, there are no extra deductions. Only a small blockchain fee was deducted from the cashout amount.

The fee is even lower compared to the fee that I paid during my deposit.

By the way, I made my first deposit using Bitcoin.

Bitcoin deposits are credited to the player’s account after receiving the first confirmation on the blockchain.

My deposit was confirmed and credited several minutes after completing the payment.

Playbetr offers a comfortable and reasonable payment processing system, but in order to make it perfect, the withdrawal commission should be removed. I understand that casinos are losing money when covering the payment fees, but this is how the industry works. The platforms should include the payment spending in their budget to provide a top-notch players’ experience.

🚀 Welcome bonuses (1/5)

The welcome bonuses are one of the weakest parts of the Playbetr casino. There are four bonuses available on your first deposits, but all of these bonuses are mathematically unprofitable and not worth taking.

The problem is that there is a 50x wagering requirement. It is nearly impossible to clear without losing the entire deposit.

Let’s make some simple calculations. For example, our deposited amount is 100 USD and we get an extra 100 USD as a bonus. The available balance for playing is 200 USD and we need to wager 100 x 50 = 5,000 USD in order to clear the bonus.

We start playing slot games with an average RTP of 96%. After placing bets worth 5k USD according to math we shall lose 4% of bets. 5,000 x 4% = 200 USD. I remind you, that we started with a 200 USD balance and by the end of wagering the bonus 50x times we will lose 200 USD, meaning that nothing will be left on the balance to cash out.

This is a simple mathematical assumption and of course, there is always a place for a miracle, which can result in a huge win for you during the wagering process. But let’s be honest, this is not something that happens very often. A 100% bonus can extend your playing time, so if your goal is just to receive some extra funds for playing and you are fine with losing it all, then go ahead and grab it.

In my case, I will never activate a bonus with such a high wagering requirement attached. This section of Playbetr’s review gets only one point. Despite the fact that there is a welcome bonus on offer, I would not suggest using it due to the large wagering requirement.

📢 Promotions (3/5)

The loyalty program presented on Playbetr is entertaining and engaging. You will collect Status Points while playing different casino games and placing bets on sports. The Status Points will help you to achieve new levels, which will provide you with better Betback and Lossback bonuses.

You will get 0.2 Status Points per 1 USD worth of bets in the casino and 0.1 Status Points per every 1 USD wagered on sports.

The Betback (Rakeback) rate on the first level is 0.01% of all bets made for both products.

The Lossback (Cashback) rate is 1% on lifetime losses for the Casino.

The loyalty program looks solid and straightforward. It is nicely explained and there are no wagering requirements attached for these two bonuses.

The only huge problem connected to the loyalty system is the number of points that you need to collect in order to move to the next level.

The first level-up will be achieved after generating 1000 Status Points, which is 1,000 / 0.2 = 5,000 USD in bets.

After wagering 500 USD and collecting 100 Status Points I decided to stop testing Playbetr’s platform and request my bonuses. My Betback bonus was 0.02872 USD and Lossback bonus 1.24322 USDT. These bonuses could be found in the System’s internal balance.

You can transfer money from the System wallet to your real money account using the Transfer form.

The combination of the rakeback and cashback bonuses is a nice solution for the crypto gambling loyalty program. This could become one of the best ways of organizing promotions for players, but the requirements for achieving higher levels are too high. I deduct two points from this section of Playbetr’s review.

🔎 KYC and anonymity (3/5)

Please, make sure that you check the list of restricted territories before opening an account with Playbetr.

Like many other Curacao-licensed casinos, Playbetr reserves the right to request a KYC verification at any time.

The support agent told me that the KYC usually is not requested on the first withdrawal, although there might be some triggers that initiate the verification, such as VPN usage, or surpassing a certain withdrawal or betting threshold.

This section of the review gets the standard 3 points. The same number of points is given to all licensed casinos that reserve the right to request a KYC verification.

👨‍💻 Customer support (5/5)

There are multiple ways of contacting the customer support of Playbetr.

I have only checked the Live Chat support and I must admit that this works flawlessly. The live support agents were always there to help, and all my questions were clearly answered without any delays. This section of Playbetr’s review gets the maximum rating from me.

⚡ Speed of withdrawals (4/5)

After playing for a while and requesting my bonuses I have decided to withdraw the remaining balance back to my Bitcoin wallet.

The request was submitted at 11:22 on the 26^th of August.

I received my cashout almost 2 hours later at 13:12. The time on the screenshot below is irrelevant as it is a wallet’s server time.

This section of the review gets four points out of five. Playbetr does not provide instant cashouts, but two hours is still an acceptable timeframe for withdrawals.

🌐 Is VPN allowed? (5/5)

You can use VPN to access Playbetr’s website, but do not try to bypass the country restrictions or create multiple accounts.

You are safe to use VPN while not breaking the casino’s rules, so I give this section the maximum rating.

🏁 Final verdict (3.4/5)

Playbetr seems like a proper platform for crypto casino games and sports betting. It has some navigation and welcome bonus issues, but thanks to a simple loyalty program, Playbetr could become a day-to-day gambling solution for some players.

The design of the platform looks a bit outdated, but overall, with some minor improvements, Playbetr could become one of the top crypto gambling websites. Would I continue playing here? Probably not. I would pick a casino with free withdrawals and a more newbie-friendly loyalty program.