In case you are in the market for new Bitcoin casinos, it is understandable why you might want to exercise caution. After all, the cryptocurrency and gambling industries are rife with scams. Is mBit Bitcoin casino a reputable casino or one of the scams?
We have undertaken a thorough review of the online casino, weighing its features and reputation to help you determine if it is the right choice for you.
Our comprehensive analysis takes an in-depth look into everything you need to know including its bonus structure, software providers, free spins for new users, games, regulatory status as well as pros and cons before signing up for the service.
Read on to find out why it’s an ideal online casino for many.
About mBit Casino
mBit Casino has been in existence since 2014 and is among the pioneer Bitcoin casinos online. Owned and operated by Direx N.V., it is a fully registered entity under the laws of Curacao eGaming.
Its wholly-owned subsidiary, Direx Ltd has its registered address at Stasinou 1, MITSI Building 1, 1st Floor, Office 4, Plateia Eleftherias, Nicosia, Cyprus.
It is fully licensed and regulated under Antillephone and its registration number is 131879 at the address Wilhelminalaan 13, Willemstad, Curacao.
🌟mBit Look and Feel: Usability and User Experience
At first glance, you will likely admit that mBit has a great-looking interface like our 1xBit review. It holds a modernistic appeal, with simple yet elegant graphics.
Sporting a dark blue background, the site’s text is predominantly white which provides a welcome contrast. Splashes of color here and there break the monotony of the two colors and provide visual allure.
Though the homepage is comprehensive, covering the most important aspects of the site, it still manages to maintain a clean aesthetic. Links are well-arranged and function as they should.
Seeing as the main focus of a casino is the games, it has considerably sized sections covering new games, popular games and the best slot games. That gives us a hint as to the casino’s area of specialization.
The VIP program takes a prominent position, which is unique as compared to most online casinos. The mBit team also takes time to explain their mission and values on an About Us section still on the homepage.
Everything about the online casino is organized and neat, unlike the typical cluttered look you may find on most online casinos.
Notably, the performance of the site is also top-notch, placing it head and shoulders above a good number of others. And even if you are new to the online gaming concept, you will find it easy to find your way around this intuitive site.
👨🏻💻 mBit Software Providers
The games on mBit as well as on our Monte Cryptos review come from a wide range of reputable providers. These include:
🎰 Games at mBit
🤑mBit Welcome Bonus
When you first visit the site, the first thing that will likely catch your eye is the enticing welcome bonus. Let us find out how it all works out.
5 Bitcoin + 300 Free Spins Welcome Deposit Bonus
The site offers the above amazing offer to all new arrivals on the site. Here is the breakdown:
1st Deposit Bonus – 110% up to 1 BTC
For your very first deposit on the online casino, you get an extra 100% on the amount up to 1 BTC or its equivalent in your preferred altcoin. In case you would rather play with fiat money, you get a 100% bonus of up to 100 EUR/USD.
In addition to the cash bonus, you also get a whopping 250 free spins.
2nd Deposit Bonus – 50% up to 2.5 BTC
On your next deposit, you get a 50% bonus of up to 2.5 BTC or 100 EUR/USD.
3rd Deposit Bonus – 75% up to 1.5 BTC
And on the third deposit, you will be eligible for a 75% bonus of up to 1.5 BTC or 100 EUR.
Note that in case you sign up with your telephone number, you will be eligible for a further 50 spins as part of the welcome bonus.
The wagering requirement for the bonuses, unless otherwise stated, is 40x. Until you meet all wagering requirements for your bonus, you can only wager a maximum of 0.0015 BTC or 5 EUR/USD. Furthermore, you can only wager your bonus amount in slots and not any other category of games. The maximum payout for free spins and no deposit bonuses on the online casino is 50 EUR.
Unlike on most other online casinos, the welcome deposit bonuses are enabled by default when you sign up. If you would rather not receive deposits, tick the “I don’t want to receive bonuses” box on your dashboard Bonus section before making a deposit. You can also request customer support to disable it for you.
Friday Deposit Bonuses
You have a chance to get two 100% deposits bonus every Friday. The bonus amount can be up to 0.25 BTC or 100 USDT.
Monday and Friday 50% Bonuses
On top of that, every Monday and Friday, you may get a 50% bonus of up to 0.2 BTC or 100 USDT.
Daily Cashback on Losses
Every single day, every player is eligible for a 20% cashback on all loses incurred up to 0.1 BTC or 100 EUR.
When you sign up for VIP status, you can start getting a 2% cashback on all your losses and a 20% reload bonus on weekly basis. As soon as you sign up on the online casino, you automatically become a “Planet Earth” member. There are 7 levels above this, each of which allows you to unlock bigger and better bonuses. In order to ascend through the levels, every time you place a bet you get to earn VIP Loyalty Points (VLPs). And the best part about the VIP status is that unlike on lower levels, here you can choose the games on which to use your bonus rewards. The provider basically tailors the rewards and bonuses to your gaming preferences.
💳Payment Options at mBit
mBit supports both fiat and cryptocurrency use, making it versatile enough for all types of players. Here are the available cashier options:
- Credit cards
- Paysafe Card
- Yandex Money
For fiat users, there is a wide variety of currencies supported including:
And if you would rather use crypto, here are some of the options supported:
- Bitcoin Cash
Making a deposit is as easy as logging in to your account, finding the Deposit option, and selecting your preferred currency. Follow the instructions on your screen to complete the transaction. In case you choose to use crypto, you will need to copy the receiving address that pops up and paste it in your source wallet so as to make the transfer. For cash deposits, you will simply need to fill in the required details.
The minimum deposit you may make is 2 mBTC, which is reasonably low and within the range of virtually every player.
⚡Payout Speed at mBit
mBit supports instant withdrawals, processing payouts almost instantly. Note however that the length of time it takes for you to access your funds will depend on the cashier option you use. Another highlight is that they offer some of the industry’s highest withdrawal limits of 100 BTC.
As a web-based platform, mBit casino is compatible with most platforms including:
- Mac OS
You will not require any app download to get the site on your mobile device. Rather, the browser version works flawlessly on PC and is also optimized for mobile use. Thanks to its use of state of the art technology, it offers as great an experience on small mobile screens as it does on large PC screens. Speed and performance are impeccable and the variety of games available is impressive.
🔐 mBit Security and Regulation
The casino has a good reputation for safety and trustworthiness. They are a regulated entity operating under the regulations of Curacao eGaming. Though this is not the strictest regulator out there, it still offers players an option of legal recourse in case of unfair treatment. It also means that the site has to operate according to the authority’s requirements for fairness.
Another aspect of security is that they make use of 128-bit SSL encryption to protect user data and communication.
It is also noteworthy that some of its providers such as Play ‘N Go and BetSoft have their games routinely audited for fairness by third-party firms. But the site does not provide any information about the fairness of any of its other games and does not offer provably fair games.
📞 mBit Customer Support
mBit casino strives to treat its members as family, and this is particularly evident in its customer support service. Lots of online customer reviews on various platforms attest to this fact, hailing their friendly and pampering attitude.
They are quick to offer assistance on the live chat support facility available on the site. The feature operates round the clock, and you can always count on getting an almost instantaneous response.
If you choose to use their email support, you may have to wait a while to get a response. They typically respond by the next business day. The email address is support@mBitcasino.com.
One aspect they would need to improve on is the fact that they do not have an FAQ section. They also lack customer support on phone.
Pros and Cons of Playing at mBit
There is so much to like about mBit, starting from the elegant and responsive online casino and game variety to the mobile optimization and rewards. They place the customer first in all the areas that matter such as great customer support and fast payouts.
It is unfortunate that at the time of this review, some aspects of game selection on the site were not working and that they do not offer provably fair games.
Overall though, the positives outweigh the negatives and we therefore give it a 7.5 out of 10 rating.
What is provably fair?
Provably fair games are games whose fairness players can verify by checking the algorithms used for randomness.
How do I gain VIP status on the site?
To gain VIP status, you need to accumulate loyalty points, which differ from one level to another. There are 7 levels in all, the lowest being Planet Earth and the highest, The Moon.
How many loyalty points does it take to get to The Moon?
Getting to The Moon is by invitation only.
What is the difference between Bitcoin gambling and fiat cash gambling?
One of the main differences has to do with the speed of payment processing, which is much higher for Bitcoin and cryptocurrencies than for fiat money. Transaction fees are also generally lower as there are no intermediaries in transactions.
Does mBit offer responsible gambling options?
Yes, it does. You can request for account closure for 6 months under a self-exclusion policy. They also offer an entire page dedicated to responsible gaming with useful tips to help players.