Ybets

A relatively new casino, Ybets looks like it has the potential to climb high with some improvement. Their current state seems like efforts are being made, but they still have some way to go in terms of transparency, services offered and bonuses.

Ybets is a young casino, established only in 2023 and licensed in the Seychelles. They offer a variety of things to keep you occupied, like slots, live casino games and table games, and at the time of writing they offer a generous welcome bonus. While the website looks nice and fresh with a really appealing slots Lobby, there have been quite a few user complaints about the casino, specifically regarding transparency and the withdrawal process.

Specifically, Ybets claims on its homepage that it offers anonymity to players with a fast signup and “without boring forms”. However it seems that they will request a KYC process if you attempt to make a withdrawal, a process that may take a while, it seems, despite their claims for fast withdrawals. Many users were not happy about this.

Frequently Asked Questions about Ybets Casino

Welcome Bonus

Ybets’s welcome bonus is pretty generous, with the casino subsidizing your first 4 deposits. It stacks to a pretty sweet deal if you cash in on all four deposits:

• 1st deposit: 150% bonus
• 2nd deposit: 100% bonus
• 3rd deposit: 75% bonus
• 4th deposit: 175% bonus

In order to be eligible for the welcome bonus, you have to create an account and complete the registration process within 24 hours.

The YBS Bonus Account

When you complete the criteria and make your deposit, the bonus will automatically be added to what is called the YBS Bonus Account.

This is described as an internal account whose purpose is to store and manage all bonus funds the player gets on the Ybets platform. This way you can clearly see the amount of all your active bonuses in one place and have easy access to any bonus funds.

The YBS Bonus Account and its contents only apply for specific games, including all the available slot games and a few Live Games, stated in the Bonus Policy of the casino.

The YBS token

Ybets Casino has its own in-platform currency, the Ybets Monetary Resource - or YBS for short. It is pegged to the USDT so it’s easy to convert from one to the other.

It’s not really a cryptocurrency token that can be traded, it just functions as an internal medium of transaction, more to keep track of the bonuses.

As a newer casino, Ybets doesn’t offer too many features but there are a couple of interesting things to explore.

The Engine of Fortune at Ybets Casino

The Engine of Fortune is a reward feature that is activated when you make a deposit of (the equivalent of) $50. When you do so, you get 3 free spins to spend on the Engine which includes a few different prizes, like different bonuses on your deposit amount, more respins or even free crypto - up to 5 BTC.

You can spin once every 24 hours and you have 72 hours to use these spins up. Any bonuses you win from the Engine of Fortune are subject to a x3 wagering requirement, so you have to bet that amount three times before you’re allowed to withdraw any winnings.

Cashback at Ybets Casino

Ybets offers a pretty solid cashback program, with a 10% daily cashback for funds deposited and lost the day before. There is also a 10% weekly cashback that you can only claim through a Telegram link.

There is a x3 wagering requirement for the cashback at Ybets Casino. This means that whatever you get back, you have to bet three times before you can withdraw it. Keeping with the example above, you would have to bet 60 USDT to be able to withdraw any funds from the cashback.

Tournaments

Ybets Casino also offers players monthly tournaments with quite decent and sizable prizes. These tournaments can change of course, so make sure you take a close look at the website and read the T&Cs before joining!

Ybets is somewhat limited in its payment options. At the time of writing it offers support for a few cryptocurrencies, including BTC, ETH, USDT, LTC, TRX, DOGE, BCH, USDC, BSC, YBS and Matic. As for fiat, you can make a EUR payment with a credit or debit card.

You also have the option to Buy Crypto using fiat (supported currencies include EUR, USD, BRL, CAD, GBP and INR. This option can be found in the Deposit window,under the Card Deposit tab.

Deposits at Ybets casino

The deposit process is quite simple and fast. The Deposit window can be accessed from the homepage, at the top right. All you have to do is click the red Deposit button and the popup will come up, with a drop down for you to choose the crypto of your choice (or EUR). Once that is done, you can copy Ybets’s deposit address and use your wallet to transfer the amount of your choice.

Under the Card Deposit tab you can add funds using your bank card. This might not be the option for you if you like anonymity, as you are asked to add your card number and some personal information like phone number and full name.

Withdrawals at Ybets casino

In its Terms of Service, Ybets mentions numerous times that in order to be able to make any withdrawals you must complete the wagering requirements, however the actual wagering requirements are really hard to find. In order to be able to see what those actually are, you have to make a deposit and then attempt to withdraw funds. Basically, the wagering requirement and your progress towards it can only be seen in the Withdrawals tab.

Unfortunately, it seems that Ybets is not quite transparent when it comes to what you need to do to get funds out of the platform, before you get funds into it, which may prove to be an obstacle for the player who wants to understand what they’re getting into before putting down their hard-earned money.

If you do want to know, you can contact support for clarification - that’s what we had to do to get some answers about the wagering requirements. According to Ybets support, at the time of writing the following applies:

• Minimum deposit to claim: 30 USDT
• Wagering requirement for deposit amount: x3
• Wagering requirement for bonus amount: x60
• Max cashout: x10
• Max matching amount: up to 5000 YBS of bonus funds
• No time limit for the wagering requirements to be fulfilled

The lack of a time limit in which to complete the requirements is nice, but the x60 wagering requirement is quite high, and we’re not too excited about the max cashout limit - you’ll see why in the next paragraph.

Max Cashout Limit

Ybets has a max cashout limit in place for a lot of bonuses - including the Welcome Bonus - meaning that you can only withdraw a specific amount of funds. The limit varies, depending on the bonus in question.

It’s worth noting here that although the cashout limit is mentioned in the T&Cs, we were not able to find what the limit actually is for the welcome bonus, despite extensively combing through the entire Ybets platform - we had to message support.

Regardless, the main point is that the max cashout restricts users quite a lot, because if your winnings happen to exceed the cashout limit, the excess amount is automatically deducted upon withdrawal - whether you attempt to withdraw less or more than the limit.

It’s also important to note that every time you withdraw, your YBS balance resets to 0 - meaning, you lose your bonus coins whenever you make a withdrawal. Ybets states that this bonus currency cannot be held for future use.

Take a gander and take your pick - Ybets has a host of stuff to choose from that promise hours of fun!

Slots

Like any self-respecting crypto casino, Ybets offers a wide variety of slots - more than 4,000. With big name providers such as Hacksaw and Pragmatic Play, you can expect to find the most entertaining slots on the Ybets platform.

We really enjoyed browsing Ybets’s lobby - it has quite a unique feeling to it with futuristic elements that are really eye-catching and attractive. We also like the fact that we can Favorite games and see the Maxwin for each game straight through the lobby. These are simple yet extremely efficient tools to offer players and we’re excited that Ybets has done so.

The thing that we really, really liked is the numerous filtering options that Ybets offers. You can choose to filter slot games by their popularity, whether they have a bonus buy feature, or their RTP. Maxwin and Volatility level, as well as whether they have a Jackpot. Again, simple stuff but no less appreciated by the seasoned gambler.

Some things that we would have liked to see but were unfortunately absent are the following: Each game’s RTP info in the lobby. This would also address the transparency issue that Ybets seems to have at times. Some exclusive games with the Ybets brand. Maybe it’s too soon for that considering how young this casino is, but we’ll keep an eye out in case it happens. Some provably fair games. Again this would promote transparency and inspire more trust in the casino.

Live Casino

At the time of writing, Ybets offers more than 300 Live Casino games from four different providers, and more titles are getting added regularly. Browse around to find games like Roulette, Baccarat, Poker and more. There are also a few game shows, as well as Lottery and Bingo Games. Generally speaking, there’s a few things to keep you entertained, although if grand variety is what you’re looking for then perhaps Ybets is not for you.

Table Games

You can also take a look at Ybets’s Table Games, where you can expect to see stuff like Poker, Blackjack, Baccarat, Craps and Roulette.

Sports Betting

Ybets has a whole section dedicated to sports betting, separate from the casino part of the platform. They have an extensive offering of sports betting on everything under the sun, starting from soccer to football, from surfing to WWE.

As for live sports, you can track results and place bets in real time, and you can also bet on eSports for all your favorite games.

Ybets Casino offers a solid online gaming experience that both seasoned players and newcomers can enjoy. With its relatively wide selection of games, ranging from slots and table games to live dealer options, there’s something for everyone. The platform’s seamless integration with cryptocurrencies is one of their biggest selling points, making transactions secure and convenient for those who prefer to play with Bitcoin, Ethereum, or other digital currencies.

One thing that stands out about Ybets Casino is its user-friendly interface and responsive customer support. Navigating the site is intuitive and their helpful support team offers quick answers and solutions. The bonuses and promotions are also quite competitive, giving players plenty of reasons to keep coming back.

Nevertheless, we feel that there is definitely room for improvement, especially in the transparency area, as the full bonus terms were not accessible on the platform. Although Ybets looks like it has potential for future greatness, we suggest you tread with caution as it is still a young casino, so we hope we can blame the hitches to growing pains.