SpiderSlots Casino Review
SpiderSlots is yet another casino that we've been seeing garnering attention in recent weeks. The first impression it will leave on you is probably the fact that they are using Spider-Man as their main character. It makes you think whether or not they paid for that. However, the next thing you will notice is the neat design of the casino, which is also quite intuitive. Now, this can easily distract us if a casino is fraudulent, as this is how they try to gain your trust. On the other side, it can simply be a cool destination for new players. So without further ado, let's get right into it.
Accepted Currencies & Payment Methods
SpideSlots is a crypto casino that accepts both crypto and fiat currencies. This is the case with most crypto casinos nowadays, which is especially good during high market volatility, allowing for convenient gameplay. The cryptocurrencies the casino currently accepts are BTC, ETH, LTC, and USDT. Although not many, these are some of the most popular cryptocurrencies.
The only way to deposit and withdraw your winnings when using a cryptocurrency is going to be through a crypto wallet. Nowadays, most major crypto exchange platforms offer their users integrated crypto wallets. This means that once you purchase crypto, it will remain on the platform, acting as a wallet. On the other hand, you can also transfer your assets into a third-party wallet such as Metamask, Exodus, and Trust Wallet.
And if you want, you can choose from the fiat currencies USD, EUR, RUB, CAD, JPY, GBP, BRL, NZD, NOK, SEK, and AUD. These can be deposited through MasterCard and Visa mainly, although there will be other payment methods depending on your geolocation. These methods are also the only way for you to withdraw your winnings from SpideSlots.
Deposit & Withdrawal Requirements
The deposit and withdrawal requirements are the foundation of every crypto casino. Many are looking to allure you with low deposit requirements, but afterward, have 10x requirements when it comes to withdrawals. In this section, you will find all the necessary information regarding payments.
Starting off with the cryptocurrencies, they all come with a requirement of the equivalent of $50. For Bitcoin, that means 0.0012 BTC, for Ethereum that is 0.02 ETH, for Tether that is 50 USDT, and for Litecoin, that means 0.5 LTC. Now, this is actually quite a high entry for a crypto casino. Nowadays, most competitors offer around $3-5 entry for Bitcoin and around $10-$25 for Ethereum. Or, some offer a solid $10 equivalent in crypto.
As for the fiat payment methods, both MasterCard and Visa come with a $30 requirement, which also is a bit higher than the average of $20 for the crypto casino industry. Overall, both requirements are a bit too high, depending on the type of player you are. There are some players that prefer a lower entry so they can test a casino out, although there are some players who like making four or five-digit deposits.
On the other hand, we've got the withdrawal requirements. The problem we are seeing here is that the only crypto you can withdraw is Bitcoin, using the Coinspaid payment method, which usually has high fees. The other thing is that the requirement remains at $50. As we couldn't reach support, we can conclude that this is quite fishy. However, it is good that the withdrawal requirement remains the same amount as the deposit requirement.
And once again, the problem we are seeing with the withdrawal when it comes to fiat currencies is that the only available method is a Bank Transfer. These usually take more than 5 business days and have a high minimum required amount. In this case, it is $200. However, the main question here is, where did the MasterCard and Visa payment methods go?
The withdrawal requirements are also another important point we have to consider when talking about a crypto casino. Usually, nowadays most crypto casinos come with a 3x wagering requirement. However, SpiderSlots comes with a 1x wagering requirement, which means it is going to be easier to withdraw your winnings. This means that if you were to deposit 1 BTC or $100, you'd have to place bets for 1 BTC or $100 total, before making a withdrawal request, which is the best possible scenario.
As for the payout speed of SpiderSlots, it can take up to 1 hour for your Bitcoin withdrawal to arrive at your crypto wallet, while it will take more than 5 business days if you are using the Bank Transfer method. These timeframes are calculated after looking at the speed at which the casino approves your withdrawal request, which can take up to 72 hours.
Bonuses & Promotions
SpideSlots offers a 3-piece welcome package of 3 bonuses for your first 3 deposits. For your first deposit you will be getting a 200% match of up to $1000, plus 60 Free Spins, if you deposit at least $30. The second bonus is a 100% match of up to $1000, no bonus spins this time. And the final bonus is a 150% match of up to $1000, plus 80 Free Spins. All of these bonuses come with a 40x wagering requirement.
There also is a VIP variation of this welcome pack. You will be getting a 300% match of up to $1000, plus 100 Free Spins. The second bonus is a 150% match of up to $1000. And the final bonus is a 200% match of up to $1000, plus 100 Free Spins. All of these bonuses can only be obtained if you deposit at least $300 and come with a wagering requirement of 40x.
The casino also offers a Daily Cashback bonus of up to $100. You can only receive the cashback if you've lost at least $200, where you will get a $10 return. The wagering requirement on this bonus is also 40x.
Aside from these bonuses the casino also has promotions for its sports betting section. The first one is a welcome sports bonus that is a 100% match of up to $100. The bonus requires a minimum deposit of $25, which is weird considering the minimum you can deposit is $30, but whatever. This bonus has a 40x wagering requirement as well.
The other bonus is the Weekly Sports Cashback, which starts from a 5% match of up to $500, and goes up depending on your account level. The bonus comes with a 40x wagering requirement.
Depending on the total amount of your deposits, your VIP status will be increased. If you make more than $1000 deposits, you will get to level 2. If you deposit more than $3000, you get to level 3. If you deposit more than $10 000 you get to level 4, and if you deposit more than $20 000, you get to level 5. Each of these will increase the percentage of the cash back you get on a daily basis, as well as help you out by providing personal account manager support.
SpiderSlots is a casino that is owned and operated by Safe Operations B.V., which is a company registered under the laws of Curacao. Or at least, it was previously registered. Their current license has been suspended, which you can check for yourself at the bottom of the website, by clicking on the red circle with a white 'x' in the middle. This is a big red flag because it means the casino has severed its connection to Curacao, this is a casino that operates without a license right now. We strongly suggest avoiding such casinos. If you are looking for a better casino, check out our top-rated crypto casino and read our reviews.
SpideSlots is a casino with a focus on sports betting. As such, they own more than 1000 games and whole separated sports betting section. The games at the casino are provided by some of the biggest casino game developers such as Amatic, BetSoft, EGT, Evolution, NetEnt, Novomatic, PragmaticPlay, Quickspin, Wazdan, and Play'n GO. Although there are not too many providers, they are some of the most well-known ones.
The games are split into the Casino sections - Slots, Popular, Hot, New, Jackpot, Favorite, Live Casino, and Table Games. Aside from that, you have a Sports section and a Live Betting section.
The Slots section is, of course, the most popular section of the casino, where you will find games such as Book of Dead, Gonzo's Quest, Wolf Gold, Legacy of Dead, Wild Shark, Sweet Bonanza, and many others.
And if you are looking for more traditional gameplay then you probably want to look into the Table Games and Live Casino games such as Baccarat, Blackjack, Poker, Roulette, Sic Bo, Dices, etc. The difference between both sections is that one is 100% virtual, while the other is live-streamed directly to you, whilst being operated by the real-life croupier.
Aside from these two, you can bet on live matches in the Live Betting section. Here, you can bet on most sports, teams, and players, in a real-time setting, while a match is ongoing.
And of course, you can also bet on sports such as football, basketball, hockey, volleyball, boxing, MMA, darts, swimming, tennis, and many others, but this time, in a non-real-time setting. This means you can start betting today, although the match will happen next week. You can also bet on cybersports such as League of Legends, DotA, Starcraft, Rainbow 6, CS: GO, and some others.
SpiderSlots does not have a developed application for your iOS or Android devices, but what they do have is a very well-optimized mobile version of their website, which feels just as intuitive and easy to use. You will be able to play from wherever you want, whenever you want as long as you have a stable internet connection. The only con is that not all games are available for the mobile version and that if you get disconnected in the middle of the bet, you will most likely lose it.
You will be able to open a ticket or a live-chat session with the customer support team 24/7. Whether you have any questions, technical difficulties, or simply want to make a suggestion, do not hesitate to reach out. It should usually take up to 10 minutes to reach support via chat, although we got no reply for more than 40 minutes.
They also have an expansive FAQ section that we would recommend you check out while waiting on a reply. There is not that much information in there, but it still is useful.
SpiderSlots is a crypto casino that doesn't check all the marks of what makes a crypto casino a good destination. It lacks a license, which is the biggest red flag you should avoid at all costs unless you are looking to get scammed. It also has high entry deposit and withdrawal requirements. There aren't too many game providers either. And finally, the customer support team did not reply to our questions, which is, of course, a bad thing. We suggest checking out reviews of top casinos that we have on our homepage.
Is SpiderSlots a licensed crypto casino?
No, SpiderSlots is a crypto casino that used to have a Curacao license but has been suspended for some time now. We strongly suggest avoiding such casinos at all costs, because they can easily rip you off with nobody for you to turn to. However, if you still wish to check out the casino, we suggest going through the Terms & Conditions sections, before making any financial decisions.
Does SpiderSlots have 24/7 customer support?
Yes, however, from our personal experience, we never got a reply from SpiderSlots, which is quite unfortunate. Otherwise, you can try reaching out to them with any questions, issues, or suggestions you might have. They also have an FAQ section, that we always suggest players check out before even starting to play at a certain casino.
What are the wagering requirements are SpiderSlots?
SpiderSlots offers a 1x wagering requirement, which is great compared to the rest of the competition. This is probably in order to compensate for the high entry-amount requirement. What this means is that, for example, if you were to deposit 1 BTC or $100, you’d have to place bets for the total amount of 1 BTC or $100, which is the best-case scenario when it comes to wagering requirements.
What cryptocurrencies are accepted by SpiderSlots?
SpiderSlots accepts Bitcoin, Litecoin, Ethereum, and Tether. Although not many, these are the most popular cryptocurrencies on the market right now.