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How to Use Spinbet – Registration, Bonuses, and Payments Guide

Posted by WER Investments on February 18, 2015
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This is a practical, step-by-step walkthrough: registration, verification, bonuses, and payments — no fluff.

Getting Ready

  • Device: Use a desktop or mobile browser (no app required – the site is mobile-optimized).
  • Documents: Have a valid ID (passport or driver’s license) and a recent utility bill for KYC verification.
  • Payment Method: Choose from credit/debit cards, e-wallets (Skrill, Neteller), or bank transfer.
  • Bonus Code: Check the promotions page for any active bonus code (no code needed for the welcome offer).
  • Account Currency: Select your preferred currency (USD, EUR, GBP, etc.) during sign-up – cannot be changed later.
  • Tax Awareness: Since Spinbet operates under a Curacao license, remember that winnings may be subject to local income tax – consult your tax advisor.

How to Sign Up

  1. Go to Spinbet owner and click the “Sign Up” button.
  2. Fill in your email, choose a username, and create a strong password.
  3. Enter your personal details: full name, date of birth, address, and phone number.
  4. Select your currency and accept the terms & conditions.
  5. Complete the registration – you may need to verify your email by clicking a link sent to your inbox.
  6. Log in and proceed to the cashier to make your first deposit and claim the welcome bonus.

Bonus Mathematics

Spinbet offers a 100% welcome bonus up to $200 with a 35x wagering requirement on the deposit + bonus amount. Let’s calculate the actual playthrough needed.

Example: Deposit $100, receive $100 bonus. Total balance = $200.
Wagering requirement = (deposit + bonus) × 35 = ($100 + $100) × 35 = $7,000.
You must wager $7,000 before any winnings from the bonus can be withdrawn.

Assuming an average game RTP of 96%, the expected loss per $1 wagered is $0.04. Over $7,000 wagering, expected loss = $7,000 × 0.04 = $280. That exceeds your bonus amount, so the bonus has a negative expected value unless you play high-RTP slots or use strategies to minimize the house edge.

Always read the bonus terms: game contributions vary (slots 100%, table games 10–20%).

Safety & Licensing

Spinbet is operated by Scrummy Ltd, a company registered in Cyprus. The Spinbet owner (the entity behind the brand) is Scrummy Ltd, which holds a gaming license from Curacao (license number 8048/JAZ). This means the site is regulated but not as strictly as EU-licensed casinos. Important: Because of the Curacao license, winnings are not automatically tax-free – you are responsible for declaring them in your home country.

Security: The platform uses SSL encryption to protect your data. Two-factor authentication (2FA) is available in account settings – enable it for added protection.

Banking & Payments

Method Deposit Speed Withdrawal Speed Min/Max Limits Fees
Visa/Mastercard Instant 3–5 business days $10 / $5,000 None
Skrill Instant Up to 24 hours $10 / $10,000 None
Neteller Instant Up to 24 hours $10 / $10,000 None
Bank Transfer 1–3 business days 5–10 business days $50 / $25,000 Possible bank fees

Watch our video walkthrough of the cashier:

Support Guide

  • Forgot Password: Click “Forgot Password” on the login page, enter your email, and follow the reset link.
  • Verification Pending: Ensure your documents are clear and match your account name. Contact support via live chat if verification takes longer than 48 hours.
  • Bonus Not Credited: Check that you opted in and met the minimum deposit. If not, clear cache and try again; otherwise, chat with support.
  • Withdrawal Stuck: Verify your account first. If approved but processing for more than 5 days, email support with your transaction ID.
  • Live Chat Unavailable: Use the contact form or email support@spinbet.com. Response within 24 hours.
  • Self-Exclusion: To self-exclude, send a request from your registered email to responsiblegaming@spinbet.com.

Extra Tips

Activity Speed Tip
Deposit (e-wallet) Instant Use Skrill/Neteller for fastest funding.
Deposit (card) Instant Cards are instant but may have bank blocks; call your bank.
Withdrawal (e-wallet) ≤24 hours Withdraw winnings to e-wallets to avoid slow bank transfers.
Withdrawal (bank) 5–10 days Bank transfers are slow – avoid unless necessary.

Use the progressive web app (PWA) feature on mobile – add the site to your home screen from the browser menu for quick access.

Common Questions

How do I claim the welcome bonus?

After registration, go to the cashier and make your first deposit. Opt in for the welcome bonus on the deposit screen. The bonus will be credited automatically.

What is the minimum deposit?

The minimum deposit is $10 (or equivalent in your currency).

Can I play with cryptocurrency?

No, Spinbet does not accept cryptocurrency at this time. Only fiat currencies (USD, EUR, GBP, etc.) are supported.

How long does KYC verification take?

Typically 24–48 hours. Submit clear photos of your ID and a recent utility bill via the account verification section.

Is there a VIP program?

Yes, Spinbet has a loyalty program with cashback and exclusive bonuses. Points are earned by wagering real money.

Can I set deposit limits?

Yes, go to “Responsible Gaming” in your account settings to set daily, weekly, or monthly deposit limits.

What games contribute to wagering requirements?

Slots contribute 100%, table games and video poker contribute 10–20%, and live dealer games contribute 5%. Check the bonus terms for specifics.

How do I withdraw my winnings?

Go to the cashier, choose “Withdraw”, select your method, enter the amount, and confirm. You must have completed wagering and verified your account.

What if I close my browser during a game?

Your session is saved. Log back in and resume your game from where you left off.

This guide covers the essentials for getting started at Spinbet. Always gamble responsibly. Good luck!

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