HomeOnline CasinosVelvet Spin Casino Review
Velvet Spin Casino Review
Accepts players from Virginia
No Deposit Bonus:
Not available
Important (1)
Find on Google
Payment methods
  • VISA
  • Mastercard
  • Neosurf
  • Bitcoin
  • Litecoin
  • eZeeWallet
Withdrawal limits
 per month
A$20,000
 per week
A$5,000
2022
> $1,000,000
Casino operates without an official license!
OverviewBonuses1User reviews9Safety Index explainedDiscussion20Payment methods6
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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Velvet Spin Casino Review

We've thoroughly reviewed Velvet Spin Casino and gave it a Low Safety Index. This means we don't consider this casino to be a good option for most players. In our review, we've considered the casino's player complaints, estimated revenues, license, games genuineness, customer support quality, fairness of terms and conditions, withdrawal and win limits, and other factors. So, if you were ever wondering whether this casino is safe and legit or a scam, read the full review below to learn more.

According to our research and estimates, Velvet Spin Casino is a smaller online casino revenue-wise. The revenue of a casino is an important factor, as bigger casinos shouldn't have any issues paying out big wins, while smaller casinos could potentially struggle if you manage to win really big.

Velvet Spin Casino is operating without a valid license.

We currently have 7 complaints about this casino in our database. Because of these complaints, we've given this casino 1,814 black points in total. You can find more information about all of the complaints and black points in the 'Safety Index explained' part of this review.

Warning: Velvet Spin Casino has certain sections of Bonus Terms and Conditions that we consider to be unfair to the casino's players. These might cause you issues if you decide to take advantage of the casino's bonuses or promotions. Because of this, we advise you to look for a casino with fair rules or at least pay special attention to this casino's Terms and Conditions if you decide to play at it.

Velvet Spin Casino has a customer support, however, we've rated it as slow or bad. This means there are customer support representatives available to help you, but their responses tend to be slow and not as helpful as they could be.

Based on the information we've collected and assessed in our Velvet Spin Casino review, it has a Low Safety Index. We don't recommend playing at it and advise you to stay away from it.

Bonuses

No Deposit Bonus:
Not available

Payment methods

Payment methods
  • VISA
  • Mastercard
  • Neosurf
  • Bitcoin
  • Litecoin
  • eZeeWallet
Withdrawal limits
 per month
A$20,000
 per week
A$5,000

Games
Show all

Slots
Roulette
Blackjack
No betting
Video poker
No bingo
No baccarat
Jackpot games
No live games
No poker
No craps
Keno
No scratch cards
No eSports betting
No crash games

Language options

English website
English customer support
English live chat

Game providers

  • Realtime Gaming

Positives

  • Bitcoin accepted
  • Wide variety of bonuses

Negatives

  • Undisclosed owner
  • Live chat is available only after registration
  • No responsible gambling tools
  • Withdrawal fees
  • Only one game provider (Real Time Gaming)

Interesting facts

  • Non-Australian players can only deposit via cryptocurrency
  • Average monthly withdrawal limit
Author & Guarantor: Jannete Hills Last updated: 31 May 2023 Anything incorrect or missing? Let me know
Casino Bonuses (1)

Velvet Spin Casino bonuses

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

Casino Guru

We want players to understand gambling.

User reviews (9)

User reviews of Velvet Spin Casino

This is a place to share experience with Velvet Spin 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:
Not enough reviews

Rated by 9 users

Very positivePositiveNeutralNegativeVery negative

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Casino Guru

We want players to understand gambling.

• 1 month ago
I won on a $30 cashback bonus with a substantial playthough and I'd only made 1 previous deposit of $31 LTC. Ran the $30 all the way up to $470.00 and decided to attempt to cash it out. Cashout limit was $100. They approved it in a day and a half, which is reasonable. Then there's the notorious "10 business day" wait while it's being reviewed and sent. Well, I'm happy to say that it only took them 5 business days! I redeemed it in BTC, it was my first withdrawal with them, I'd just signed up a week prior, and it was won on a cashback bonus from the one deposit I'd made.. so 6 days from winning it, to it being in my BTC wallet is actually quiet impressive. Customer service was somewhat okay. They do play the famous role where they act like they don't understand anything you're saying, they dodge questions and repeat the same generic, "please allow 10 business days before inquiring about the withdrawal" for anything you ask that has to do with it, but, they weren't very rude like a lot of other casinos I've dealt with. KYC process was very speedy and easy.
I do, however, have one negative thing to mention, a warning if you will... of the $100 winnings I redeemed, only $65.39 made it to my BTC wallet. So, there's either some extremely hefty fees attached, or they don't pay out the total amount of what you win. Just be careful, because if you don't hit big over what you've deposited, you may not break even by the time it gets to you. $35 is a lot when you're only dealing with $100 to begin with. That's 33% of the winnings!
  • Speedy KYC verification process
  • Quality Slots, and a decent variety
  • Accepts players from Oklahoma, USA
  • Hassle free and fast payouts
  • Great bonuses and rewards
  • Easy to navigate/user friendly interface
  • Customer service gets the all-to-familiar attitude when you inquire about your withdrawal request
  • Huge fees or missing money when withdrawing in BTC (35%!)
  • Server can be slow at times
• 4 months ago
I won 200.00. They first would not accept my bitcoin address as it took me hours to get anotger one set up. Im a begginner with bitcoin. They accepted my new one but the day im suppose to be receiveing the redemption. I can no longer log in and cant talk to support unless you are logged in. This casino is a scam. Dont waste ypur money.
• 5 months ago
They don't stand up to their no deposit comps payout. They send me free spins and when I asked how to withdrawal, their tech told me I couldn't and all my winnings would be taken after I had beat their play through by a long shot. It took a lot of my time to beat the play through. Time I won't get back
  • Don't payout on the no deposit free spins
• 7 months ago
very slow with payouts - I have been waiting 2 weeks for a $600 payout.
Whenever I query this, I am simply told to "wait patiently and to respect the approval process".

I will never use Velvet Spin again.
• 8 months ago
I was offered a no deposit free $30 chip to play with a max cashout of $100, As a new player. I played and was able to win $100 after meeting the playthrough requirements. The withdrawl process took about 10 days, but I got paidout . In my opinion, this casino is legit.
  • Slow payout speed
• 8 months ago
Submitted an official complaint which they never responded to, they never approved my withdrawal request going on about 3 months now. Now I see that they are only taking withdrawal requests through wire transfer.....super shady! AVOID!!!!!
  • won't pay out
  • no response or copy/paste response
• 10 months ago
25 days ago waiting for my withdraw..nothing happen
Operator says everything copy paste answer!NO Deposit for this casino NO!
• 11 months ago
Run ! Don’t ever give them anything , they will never pay out . They are 100% a scam . Have a payout that was approved 5 months ago and never paid.
• 1 year ago
Withdraw on 19.1.2023 date today 8.2.2023 and I still haven't got nothing
Safety Index explained

Safety Index of Velvet Spin Casino explained

Take a look at the explanation of factors that we consider when calculating the Safety Index rating of Velvet Spin 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:Low4.8/10
Small to medium-sized casino, based on our research and estimates
We consider the casino's T&Cs to be mostly fair
Not found on any relevant casino blacklist
Very high value of withheld winnings in player complaints in relation to the casino's size
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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Warnings

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
  • Slow or bad customer support

Complaints about Velvet Spin Casino and related casinos (12)

12All1Opened7Not solved0Solved4Rejected

Complaints directly about Velvet Spin Casino

Show more complaints (+2)
Discussion

Velvet Spin Casino Discussion

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

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Payment methods

Velvet Spin Casino payment methods

VISAMastercardNeosurfBitcoinLitecoineZeeWallet
Currencies
AUD
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