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Magnet Casino Review

Casino closed

Magnet Casino has been closed and no longer operates.

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2013
< $1,000,000
Casino operates without an official license!
OverviewUser reviews0Safety Index explainedDiscussion1

Casino closed

Magnet Casino has been closed and no longer operates.

Browse recommended casinos
Important: Casino operates without a license This casino operates without a license. As a result, the casino does not have to follow rules set by licensing authorities. Additionally, you will not be able to turn to any licensing authority if you run into issues.
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Magnet Casino Review

Our expert casino review team has carefully analysed Magnet Casino in this review and evaluated its positives and negatives using our casino review process. They considered the fairness of the casino's Terms and Conditions, licenses, complaints from existing players, customer support, limits, and other important factors to figure out whether this casino is safe and legit, an outright scam, or somewhere in between.

Based on these markers, we have calculated the Safety Index, a score that summarizes our analysis of the safety and fairness of online casinos. The higher the Safety Index, the greater the assurance of playing and receiving winnings without problems. Magnet Casino has a Below average Safety Index of 6.4, which makes it a less than ideal option for most players in terms of fairness and safety. Proceed with reading our Magnet Casino review to learn more about this casino. This will help you make an informed decision about whether this casino is right for you.

Safety Index of Magnet Casino – Is it fair and safe?

To determine a casino's Safety Index, we use a detailed formula that considers a multitude of information gathered and assessed during our comprehensive review process. These include the casino's T&Cs, complaints from players, estimated revenues, blacklists, and many others.

In our review of Magnet Casino, we read and assessed Terms and Conditions of Magnet Casino in-depth. We uncovered some rules or clauses we did not like, but we consider the T&Cs to be mostly fair overall. An unfair or predatory rule could be exploited in order to avoid paying out the players' winnings to them, but we have only noticed minor issues with this casino.

Based on our estimates or gathered data, Magnet Casino is one of smaller online casinos. We factor in a correlation between casino's size and player complaints, because we realize that larger casinos typically tend to receive more complaints on account of increased player count.

We did not find Magnet Casino on any relevant casino blacklists. Casino blacklists, such as our own Casino Guru blacklist, may indicate mistreatment of customers by a casino. Therefore, we recommend players consider these lists when selecting a casino to play at.

All in all, when combined with other factors that come into play in our review, Magnet Casino has landed a Below average Safety Index of 6.4. In our expert opinion, this is not a good choice for those who look for an online casino that prioritizes fair treatment and safety of its customers.

Magnet Casino T&Cs

When reviewing online casinos, we thoroughly go over the Terms & Conditions of every casino in order to monitor their fairness. Within the T&Cs of many casinos, we uncover clauses that we deem unfair or potentially predatory. These rules can be used as a reason for not paying out winnings to players in specific scenarios.

We found some questionable rules or clauses during our review, however, we consider the Terms and Conditions of Magnet Casino to be mostly fair.

Note: For further detail on our findings regarding the T&Cs review click here.

Player complaints related to Magnet Casino

Our casino assessment approach relies heavily on player complaints, which provide us with a comprehensive understanding of struggles experienced by players and how casinos address them. When calculating the Safety Index of each casino, we consider all complaints received through our Complaint Resolution Center, as well as those sourced from other channels.

We have found no relevant complaints about this casino.

User feedback and assessment of Magnet Casino

On Casino Guru, players may evaluate and review online casinos to express their ideas, feedback, and experiences. Based on this information, we calculate a total user satisfaction rating that spans from Terrible to Excellent.

However, there are no user reviews available for Magnet Casino in our database at this time. In case you have had an enjoyable or disappointing experience with this casino, we encourage you to share your feedback and rating on our website.

Note: User reviews may not fully reflect the casino’s quality, as some casinos may try to write fake reviews to improve their user feedback score, and there may also be unhappy players writing multiple negative reviews to worsen the casino’s reputation. We try our best to filter them out and generate an unbiased user feedback rating. Nevertheless, we do not consider user feedback when calculating the Safety Index.

Magnet Casino company information and licenses

Magnet Casino has estimated annual revenues higher than $1,000,000. This makes it one of smaller online casinos according to our classification.

To the best of our knowledge, Magnet Casino has not been granted a license by any gambling regulatory authority.

About payment methods and win and withdrawal limits

Magnet Casino accepts 11 payment options. This includes: VISA, Maestro, Tether (USDT), Sberbank RU, МИР - Mir, YooMoney, SBP, Tinkoff, TrueUSD (TUSD), Piastrix, FK Wallet.

Many online casinos have clear limits on how much players can win or withdraw. In many situations, these are high enough to not affect most players, but some casinos impose win or withdrawal limitations that can be fairly restrictive. Hence, we look at such limitations every time we review a casino. All information about the casino's win and withdrawal limit is displayed in the table.

Withdrawal limits Win limits
EUR 4,000 per day No win limit
EUR 6,000 per week
EUR 15,000 per month
USD 4,000 per day
USD 6,000 per week
USD 15,000 per month
SEK 40,000 per day
SEK 60,000 per week
NOK 40,000 per day
NOK 60,000 per week
NOK 150,000 per month
CAD 6,000 per day
CAD 9,000 per week
CAD 22,500 per month
AUD 6,000 per day
AUD 9,000 per week
AUD 22,500 per month
NZD 6,000 per day
NZD 9,000 per week
NZD 22,500 per month
PLN 16,000 per day
PLN 24,000 per week
PLN 60,000 per month
RUB 200,000 per day
RUB 300,000 per week
RUB 750,000 per month
BTC 0.4 per day
BTC 0.6 per week
BTC 1.5 per month
Note: Certain payment methods available to players may not be available for making both deposits and withdrawals. Also, some methods may only be available in selected countries.

Customer support and language options

Our expert casino reviews are built on variety of data we collect about each casino, including information about supported languages and customer support. The table below contains information about the languages at Magnet Casino.

Language Website Customer support Live chat
Russian Yes Yes Yes24/7

To test the helpfulness of customer support of this casino, we have contacted the casino's representatives and considered their responses. Since customer support can assist you with problems related to registration process at Magnet Casino, account problems, withdrawals, or other issues, it holds significant value for us. Judging by the responses we have received, we consider the customer support of Magnet Casino to be average.

Slots and casino games at Magnet Casino

You can play these types of games at Magnet Casino: Slots, Roulette, Blackjack, Video poker, Baccarat, Live games, Keno, Scratch cards, Other card games, Crash games, Other games.

Titles supplied by 31 casino game providers are available. This includes NetEnt, Pragmatic Play, Yggdrasil Gaming, Thunderkick, Betsoft Gaming, Playson, Ezugi, BGaming, Endorphina, Tom Horn, Booongo (BNG), Betgames, Macaw Gaming, Platipus, Amigo Gaming, Caleta Gaming, Gamevy, Spadegaming, Spiffbet Games, OneTouch, Charismatic, Casino Technology, DLV, Betsolutions, Mascot Gaming, Vivo Gaming, Triple Cherry, EURASIAN Gaming, Netgame, Amusnet (EGT), Ka Gaming.

Magnet Casino bonuses and promo codes

Online casinos offer bonuses to new or existing players to give them an incentive to create an account and start playing. Sadly, there are now no bonuses available from Magnet Casino stored in our database.

Games
Show all

Slots
Roulette
Blackjack
No betting
Video poker
No bingo
Baccarat
No jackpot games
Live games
No poker
No craps
Keno
Scratch cards
No eSports betting
Crash games

Language options

Russian website
Only Russian customer support
Only Russian live chat

Game providers
Show all (31)

  • NetEnt
  • Betsoft Gaming
  • Pragmatic Play
  • Yggdrasil Gaming
  • Tom Horn
  • BGaming
  • Endorphina
  • Playson

Positives

  • Mobile casino application for Android
  • Interesting VIP program
  • Live chat support is available 24/7

Negatives

  • No responsible gambling tools
  • Not all of the terms and conditions are translated to the language option provided on the website
  • Small selection of game providers

Interesting facts

  • Small casino popular in Russia
  • Players must be 21 or over
Author & Guarantor: Mirka Daisy Last updated: 30 Oct 2023 Anything incorrect or missing? Let me know
Casino Bonuses

Magnet Casino bonuses

Browse all bonuses offered by Magnet Casino, including their no deposit bonus offers and first deposit welcome bonuses.

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User reviews (0)

User reviews of Magnet Casino

This is a place to share experience with Magnet Casino. Read what other players wrote about it or write your own review and let everyone know about its positive and negative qualities based on your personal experience.

User feedback:
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Rated by 0 users

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Safety Index explained

Safety Index of Magnet Casino explained

Take a look at the explanation of factors that we consider when calculating the Safety Index rating of Magnet Casino. The Safety Index is the main metric we use to describe the trustworthiness, fairness, and quality of all online casinos in our database.

Safety Index:Below average6.4/10
One of smaller casinos, based on our research and estimates
We consider the casino's T&Cs to be mostly fair
Not found on any relevant casino blacklist
We also considered other factors, which had a slightly negative impact on the casino's Safety Index
The Safety Index of this casino was calculated based on our research and data collected by our casino review team. Learn more about casino review methodology

Has this casino done something unfair to you?

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Important

Important: Casino operates without a license This casino operates without a license. As a result, the casino does not have to follow rules set by licensing authorities. Additionally, you will not be able to turn to any licensing authority if you run into issues.

Unfair terms and conditions

  • This casino forbids certain betting patterns or strategies when playing with bonus funds, but we have not witnessed this rule being used against players yet.

Other factors

  • Operates without a license

Complaints about Magnet Casino and related casinos (0)

0All0Opened0Not solved0Solved0Rejected
This tab does not contain any complaints

We do not have any complaints about Magnet Casino in our database. If you have been mistreated by this casino, you can submit a complaint about it.

Discussion

Magnet Casino Discussion

Discuss anything related to Magnet Casino with other players, share your opinion, or get answers to your questions.

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We want players to understand gambling.

Payment methods

Magnet Casino payment methods

VISAMaestroTrueUSD (TUSD)PiastrixFK WalletМИР - MirTether (USDT)Sberbank RUTinkoffYooMoneySBP
Currencies
RUB
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