The New Cobra on the Block
Cobra Casino is a brand spanking new gambling site, established just this year. It’s owned and operated by the Dama N.V Casinos Group, and powered by SoftSwiss. However, its subsidiary, Sturkin Limited, is the entity licensed and regulated by Antillephone NV, licence 8048/JAZ2020-013.
This gambling authority is governed under the laws of Curaçao, and is in fact, a ‘master license holder.’ In effect, this means that it provides sub-licenses to online gambling operators, such as Cobra Casino.
While the licensing may raise some eyebrows, it seems to be above board as far as legitimacy goes. This is especially true when Cobra Casino has a range of top-notch software providers in its portfolio. These include NetEnt, Evolution Gaming, Pragmatic Play, Thunderkick, iSoft Gaming, and countless others.
The Keys to the Cobra Kingdom
Cobra Casino's modern-styled interface is easy to navigate with an attractive black, white, and red theme. At the top of the homepage, you’ll find a plethora of games. These are conveniently presented in categories including ‘New,’ ‘Popular,’ ‘Recommended,’ ‘Slots,’ ‘Roulette,’ ‘Card Games,’ ‘Live,’ and ‘Jackpot Games.’
Spoilt for Choice
From progressive jackpots to a live dealer section, Cobra Casino has an impressive variety of games. In addition to its wide range of payment methods, it also accepts cryptocurrencies. With its ‘Quick Registration’ option, you can sign up within minutes, where you’ll have access to some attractive welcome offers and an exclusive VIP program.
Charming Perks & Promotions at Cobra Casino
No casino offering is complete without bonuses and promotions. This online gambling site doesn’t disappoint with welcome packages and deals bound to get some tongues wagging. Let’s take a look.
First Deposit Bonus
When you sign up and make the first deposit at Cobra Casino, you’ll receive a 100% matched bonus of up to €2000 or equivalent currency and 250 free spins. These are released in increments of 25 per day. According to the site, enter the bonus code ‘COBRA100’ to get this deal.
Second Deposit Bonus
Upon your second deposit, use the promo code ‘COBRA50,’ to receive a 50% matched bonus of up to €1400 (or currency equivalent) plus 50 free spins.
Third Deposit Bonus
Cobra Casino gives players yet another bonus upon making a third deposit. With the code ‘COBRA125,’ you’ll get a 125% matched bonus of up to €600 or your equivalent currency.
Welcome Package T’s and C’s
All promotional offers come with certain conditions attached. The following T’s and C’s apply to Cobra Casino’s first to third deposit bonuses:
- Only one bonus allowed at a time.
- Minimum deposit of €20 or currency equivalent required.
- Skrill and Neteller payment options excluded.
- 40x wagering requirement applicable to bonuses and free spins.
- Maximum bet limit of €5.
- Bonuses are valid for 14 days from activation.
- Free spins must be activated within 3 days and used within 7 days.
If wagering requirements aren’t fulfilled within the stipulated period, you’ll forfeit the bonus and any derived winnings. In addition, any withdrawals made before these conditions are met will render the same result.
That’s Not All
Apart from the above, there’s a Tuesday Free Spins bonus, as well as a ‘High Roller Bonus’ of 30% up to €500, with the bonus code ‘VIP30,’ which is available twice a month. Cobra Casino also offers players a birthday present in the form of a 100% matched deposit bonus of up to €150. Terms and conditions apply.
No Snakes – Just a VIP Ladder
This online casino comes with a tiered rewards program where players can receive exclusive prizes, free spins, cash backs, and more. Start at the ‘Newbie’ level, and work your way up through the ‘Talented’ and ‘Experienced’ stages before reaching the top, aptly named the ‘Master.’
To do this, you’ll need to collect Status Points, where one is equivalent to €20 in bets. The more you play, the higher you’ll climb, and the better your rewards will be.
An Impressive Portfolio of Games
Cobra Casino caters to every type of player with its diverse spectrum of over 2,000 games. Slots make up the majority of these, all provided by leading software developers. Among them, you’ll find reputable names like Yggdrasil, Play’n Go, Quickspin, Betsoft, Playtech, EGT, and Elk Studios.
If you prefer more interactive games, then you can try out video poker or pontoon. There’s also roulette, blackjack, and baccarat, which come in countless variations. You’ll even find them in the live casino lobby powered by Evolution Gaming and NetEnt.
Want to play something popular, new, or recommended? Cobra Casino has dedicated categories for these, as well as a ‘Jackpot Games’ section for those that enjoy progressives. What’s more, the site is optimized for mobile use. Some crowd favorites include:
- Sakura Fortune
- Book of Dead
- Lightning Roulette
- Aztec Gold Megaways
Unfortunately, Cobra Casino doesn’t provide any precise details about payout rates on its website. However, in terms of the applicable licensing requirements, it must prove the fairness of its games and software platform.
Additionally, the online casino must use a verified random number generator (RNG) for all its games, and third-party test certificates are required.
Striking Payment Options
Cobra Casino offers a wide variety of payment methods, including cryptocurrencies. It accepts EUR, NZD, USD, JPY, NOK, INR, CAD, AUD, PLN, RUB, KZT, BCH, BTC, ETH, and LTC.
You can use one of the following methods to make a deposit:
- MasterCard, Visa, and Maestro.
- Skrill, Neteller, EcoPayz, QIWI, Yandex Money, Alfa-Click, Mobile Commerce, PaySafeCard, Neosurf, Venus Point, SticPay, iDebit, Interac, Rapid Transfer, Siru Mobile, and PurplePay.
- Bitcoin, BTC Cash, Litecoin, and Ethereum.
Cobra Casino doesn’t charge any fees for deposits, and transactions are instant. However, a minimum amount of €10 (or equivalent) is generally required, although it depends on your chosen method.
To withdraw your winnings, you can use one of the following:
- Visa, MasterCard, Russian Cards, and Bank Wire Transfers.
- Neteller, Neosurf, Interac, Skrill, PaysafeCard, Yandex Money, SticPay, EcoPayz, QIWI, Rapid Transfer, Neosurf, instaDebit, iDebit, and Venus Point.
- Bitcoin, BTC Cash, Litecoin, and Ethereum.
Cobra Casino doesn’t charge any fees for withdrawals. However, each method has varying limits. A minimum of €20 (or currency equivalent) applies. The maximum amount also depends on the payment provider, but the daily limit is €/$700.
Ewallet withdrawals are instant, while card payments can take anything between 3 to 5 days. Bank transfers are by far the slowest, with a timeframe of 5 to 7 days. Bear in mind that Cobra Casino requires identity verification before any withdrawals take place.
While this operator seems to have stringent policies in place, we couldn’t find any information related to its encryption software and safety information.
Get in Touch with Cobra Casino
In terms of support, this online gambling site comes fully prepared with a live chat feature and email option via [email protected]. Alternatively, it provides a contact form for players to fill in online.
- Top jackpot game: over €6,000 in 10 Burning Heart
- Most popular game: Book of Dead
- Top new game: Emperor’s Palace
If you prefer trying out a game beforehand, Cobra Casino’s got you covered with its free-play option on most slots.
The Final Verdict
As a newcomer to the online gambling arena, this operator ticks all the right boxes. From game variety to payment options, it has everything to give players a well-rounded experience.
Still, its unconventional licensing is somewhat questionable, and there’s a lack of information when it comes to software security.
- Over 2,000 games from top software providers
- Welcome package and promos
- Accepts Cryptocurrencies
- Mobile-friendly site
- Somewhat questionable licensing
- No mobile app
- Restricted in certain countries
All in all, we believe a 9.3/10 is a fair rating.