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Instabet Review

Updated: July 9, 2020

7.9
No access
PLAYERS FROM UNITED STATES NOT ACCEPTED
Trustworthiness
70%
Bonus
75%
Payout Speed
60%
Games
60%
Customer Support
65%
Licenses
50%

Instabet – Full Crypto Casino Review


Instabet is an online sportsbook, casino, and racebook rolled into one. Entering the iGaming scene in 2020, it gets the ball rolling for everyone who enjoys playing casino games while betting on sports, races, and even esports using cryptocurrency or fiat money. Yes, this betting site is Bitcoin-friendly, but it still does not accept bets from players living in the US. Instabet strictly implements this rule, but its licensed from Curacao legally permits its operation in selected countries.

Owned and operated by Tamarama Services Inc Limited, Instabet casino features a wide range of online slots, from video slots to jackpot slots. These are then paired with various sports betting options and a list of bonuses and promos. While it is clearly on the right track when it comes to its betting services, Instabet also shows its dedication to give players the right support they need. This is why Instabet makes themselves available via email, contact form, and toll-free phone. Hopefully, a live chat support function will be added soon as this is lacking at the time of writing this Instabet review.

Bonuses and Promotions

Sports bettors and casino players will appreciate the sweet deals Instabet has prepared for them. For one, newly signed-up members can get their hands on these Welcome Bonus deals:

  • 100% Welcome Bonus up to 1000 USD
  • 150% Casino Welcome Bonus up to 750 USD
  • 200% Refer A Friend Bonus up to 200 USD

Those who are on Instabet for its sports betting products will be delighted to know about its deals especially for them:

  • 25% Sports Reload Bonus up to 500 USD
  • 8% Horse Rebate
  • Parlay Weekly Draw Special

Of course, players will also have access to these great casino bonuses and promotions:

  • Monday’s Unlimited 8% Cashback
  • Wednesday’s Free Spins Extravanagza
  • Casino Reload Weekends

What’s even better with these Instabet bonus deals is the fact that they have low wagering requirements. Each bonus comes with their own required rollover, but you will be surprised to find out that some of its bonuses require only 5x or 10x wagering requirement, with the casino bonuses needing only 30x wagering requirement. These are low values compared to most online casinos and sportsbooks, and are definitely a sure way to attract more players.

Casino Details

Software Providers


Additional Information

Mobile-Ready Yes
Fiat USD
Cryptocurrency BTC, LTC, BCH
Minimum Deposit 25 USD (for BTC)
Minimum Withdrawal 112.50 USD (for BTC)
Restrictions United States, United States Minor Outlying Islands
Languages English, Portuguese, Spanish

Support

Live Chat No
Email Support help@instabet.com
Social Media

License/s


Games & Software

Instabet Casino features high-quality games from Betsoft Gaming. Expect to find 3D slots and jackpot slots on board, along with table games and card games—great casino games from Betsoft. While there seems to be only one software provider when we wrote our Instabet review, Instabet may consider adding some more in the future. Adding provably fair casino games should also be one of its considerations, along with enabling its casino to work on mobile devices.

Yes, so far, only the sportsbook and racebook work on smartphones and tablets, which is bad for casino players, but good for sports bettors. With this, the sports betting platform is excellent. There are more than 20 sports available for betting, and this includes the ability to bet on esports. For a smoother user experience, bettors can filter the sports matches by date using the handy calendar. They can also change the market and select from a long list of options.

Banking Methods

To date, only BTC, LTC, and BCH are the accepted cryptocurrencies, while USD is the accepted fiat money. Instabet supports only a few payment options, and it would be better if more methods will be added soon.

Deposit Methods

At least 25 USD worth of BTC is needed for a deposit to push through. Players, however, need to wait for 30 minutes or sometimes an hour before their crypto deposits will appear in their account. The good thing here is that there are no fees involved with Bitcoin deposits, and Instabet covers any fees that may be charged by third-parties for the players’ first five Bitcoin deposits, provided that the amount is not more than 1,350 USD. Players can also use Visa, Mastercard, and MoneyGram to deposit.

Withdrawals Methods

Before you can cash out, you need to provide documents and complete credit card verification. Once ready, you can request for Bitcoin withdrawals, which are free of charge. But the catch is Instabet can process requests only from Monday to Friday, from 8 a.m. to 2 p.m. ET. Then the waiting time may take two business days, only after then you can get within 24 hours your withdrawal. The maximum BTC cashout you can make is worth 22,500 USD.

Should You Play in this Casino?

There is no denying that Instabet is the answer to players’ wish to access sports betting and casino at the same time. Instabet is promising, but it needs to make all the necessary improvements to make it more competitive in the market. Accepting BTC, LTC, and BCH is a good first step, but it needs to add more games from various software providers. It needs to create a massive casino library to match those of other casinos that have at least 1,000 games. It also needs to make its casino available on mobile, and consider adding provably fair games. Adding more payment methods will also help Instabet attract more players. But besides these, Instabet deserves a thumbs up for having low wagering requirements for its sports and casino bonuses. Its intuitive sports betting platform is also a winner. All in all, Instabet has a bright future in the fiat-money and crypto gambling scene, but it needs to step up to catch up with competitors.

Have you played in this online casino? Share your own Instabet review below!

PROS

  • Accepts, BTC, LTC, BCH
  • Intuitive sportsbook
  • Low wagering requirements
  • Toll-free phone support
  • Referral Bonus

CONS

  • Few payment options available
  • Needs more casino games
  • Needs more software providers
  • No live chat support

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