Ups & Downs


  • Diverse Game Selection
  • Cryptocurrency Support
  • Attractive Bonuses and Promotions
  • User-Friendly Interface
  • Mobile Compatibility
  • Licensing and Regulation
  • Wagering Requirements
4.1/5
100% up to C$500 + 200 FS
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Overview


  • Website:
    bankonbet.com
  • Established:
    2022
  • Licenses:
    PAGCOR
  • Number of games:
    +5000
  • Game providers:
    Play'n GO, Pragmatic Play, Evolution Gaming, NetEnt, Playtech, Quickspin, Push Gaming, Spinomenal, Red Tiger Gaming, Games Global, Nolimit City, Yggdrasil Gaming

18+ Terms Apply, Offer is not available for players in Ontario

Bankonbet

Welcome, fellow betting enthusiast! Are you ready for us to take you on a journey through exploring one of the relatively young brands in the online betting industry? Bankonbet, founded in 2022, specializes in sports betting but also offers an expansive online casino game collection. Buckle up as we discover the highs, lows, legality, trustworthiness, rewards, games, and the exceptional sports betting section of Bankonbet Casino. Will you choose to deposit and be a part of the growing Bankonbet community? How will our journey change you? Keep reading to find out more!

The Great White North is not only about maple syrup and hockey prowess. Canadians are invested in wagering, and the digital age has amplified their passion. A recent study estimated that the Canadian online gambling market revenue will be worth US$362.89 million in 2024 and grow at over 6% annually, according to a report by Statistica! From placing bets on the Stanley Cup Finals to spinning the reels on a virtual slot machine, Canadians embrace the online gaming industry.

But what’s behind this digital boom? Well, online casinos offer convenience, variety, and attractive bonuses that traditional casinos can’t match. You can comfortably access thousands of games at home with a few clicks. Plus, the competitive landscape drives operators to offer generous promotions and inventive features to attract players.

However, it’s crucial to remember that not all online casinos are created equal. Licensing and regulation are essential to ensure fair play and protect your hard-earned cash. Each province in Canada has its own gambling authority, so choosing a platform that’s licensed and regulated in your jurisdiction is critical.

Now, let’s turn our attention to Bankonbet. At first glance, their website exudes a modern and user-friendly vibe. The layout is intuitive, allowing for effortless navigation between sports betting and casino games. A plethora of bonuses and promotions beckon, promising to boost your bankroll and stretch your playtime. The game selection is vast, featuring titles from renowned providers. And if you ever encounter a hiccup, their 24/7 customer support is just a click away. But let’s dig deeper and see if Bankonbet lives up to the hype.

Pros and Cons of Bankonbet

Bankonbet has its strengths and weaknesses, just like all online platforms. Considering the pros and cons before committing your time and money to any platform is compulsory. So, let’s explore what Bankonbet does well and where it could improve.

Pros

  • High-profile Game Providers: Bankonbet partners with industry giants like Pragmatic Play and Evolution Gaming, ensuring a top-notch experience with stunning graphics and innovative features.
  • 24/7 Customer Support: Help is always at hand with their round-the-clock customer support team. Whether you have a question about a bonus or encounter a technical glitch, assistance is just a live chat or email away.
  • Massive Language Support: Bankonbet offers language support for a global audience with various language options. The platform also has localized versions for different dialects. For example, you can pick French either for France or Canada.
  • Top-of-the-class Sports Betting Experience: Sports enthusiasts will appreciate Bankonbet’s comprehensive sportsbook. From major leagues to niché sports, there’s something for everyone.
  • Appealing VIP Scheme: Bankonbet rewards loyal players with its VIP program. As you climb the tiers, you’ll unlock exclusive perks like cashback offers, personalized account managers, and faster withdrawals.
  • Wide Bonus Selection Range: Bankonbet offers various bonuses and promotions to new and existing players. From welcome offers to reload bonuses and free spins, there’s always a chance to boost your bankroll.

Cons

  • Lack of Emphasis on Responsible Gambling: Presenting responsible gaming clearly on an online casino website is critical to building trust. Bankonbet has a dedicated section for Responsible Gambling; however, it’s not adequately displayed and not very comprehensive. More could be done to promote safe gambling practices and provide resources for players who may be struggling.
  • Restricted Countries: Unfortunately, Bankonbet is not available in all countries. Be sure to check their list of restricted territories before signing up.
  • Payment Method Restrictions: The available payment methods may vary depending on location. Some players may find the options limited compared to other online casinos. However, you are in luck if you own cryptos. The online casino accepts almost all major stablecoins and the most popular altcoins.
  • Long Cashout Periods and no Weekend Withdrawals: Withdrawals can take one to three business days, and weekend withdrawals are unavailable. This may be frustrating for players who want quick access to their winnings.

License of Bankonbet

In the vast landscape of online casinos, licensing and compliance with regulations are the cornerstones of trust and legitimacy. In Canada, the gambling scene is a patchwork of provincial regulations. As mentioned previously, each province has its own gaming authority responsible for licensing and overseeing online casinos operating within its borders. This decentralized approach ensures that operators adhere to strict standards, promoting fair play and protecting players’ interests.

Bankonbet holds a license from the Curaçao Gaming Control Board, a reputable regulatory body in the online gambling industry. While not as stringent as some European licenses, the Curaçao license still provides a level of assurance that Bankonbet operates within a legal framework and adheres to specific fairness and security standards.

Bonuses and Promotions

Bankonbet rolls out the red carpet for its players with stunning bonuses and promotions. However, it’s crucial to understand the terms and conditions associated with each bonus before claiming. Wagering requirements, game restrictions, and expiration dates are all factors to consider.

Remember, bonuses are a marketing tool, and casinos use them to attract and retain players. While they can be a great way to enhance your gaming experience, use them strategically and don’t get carried away by the temptation of free money.

Always check the latest promotions on Bankonbet’s website, as bonuses are subject to change. And don’t forget to use them before they expire!

Let’s check out some of the bonuses as of September 2024.

Casino Bonuses

  • Welcome Bonuses: Bankonbet greets new players with three enticing welcome offers. The first is a 100% deposit match, doubling your initial deposit up to a certain amount, plus a generous helping of free spins on selected slots. The second is a cashback offer on live casino games, providing a safety net for those who prefer the thrill of real-time gaming. The third one is a First Deposit Bonus for sports.
  • Weekly Reload Bonus: Bankonbet keeps the excitement going with several reload bonuses for existing players. The Weekly Reload Bonus grants 50 free spins on a specific slot game, while the Weekend Reload Bonus offers a combination of cash and free spins. And if luck isn’t on your side, the Weekly Cashback returns 15% of your losses, giving you a second chance to strike it big.
  • Game and Time–specific Bonuses: Bankonbet also offers a variety of game and time–specific bonuses. These include the Roulette Run, Blackjack League, Crazy Time Thursdays, Game Show Thursdays, Live Cashback, Gold Saloon Blackjack Fridays, and Roulette Weekends.

Sports Betting Bonuses

  • First Deposit Bonus: New sports bettors can kick off their Bankonbet journey with a generous first deposit bonus. This offer matches a percentage of your initial deposit, giving you extra funds to wager on your favourite sports.
  • Cashback Bonus: Even the most professional bettors experience losing streaks because… of luck! Even the most educated guess can be wrong, and sports are tricky sometimes. Bankonbet’s cashback returns a percentage of your losses, giving you a second chance to turn the tables.
  • Weekly Reload Bonus: Bankonbet rewards loyal sports bettors with a weekly reload bonus. This offer also matches a percentage of your deposit, providing extra funds to fuel your betting adventures.
  • Boosted Odds: Bankonbet occasionally offers boosted odds on selected events, increasing the potential payout for winning bets. This is a great opportunity to maximize your winnings on games you plan to bet on.
  • Bore Draw: If a football match ends in a 0-0 draw, Bankonbet’s Bore Draw promotion refunds your stake, taking the sting out of a dull game.
  • Horse Racing Reload: Let us tell you that the website has a dedicated section only for horse racing. You can enjoy a special reload bonus on your deposits if horse racing is your game. This offer provides extra funds to wager on the ponies, increasing the excitement of the races.
  • Early Payout: Bankonbet’s Early Payout feature allows you to cash out your bet before the event concludes. This can be a strategic move to secure a profit or minimize losses, depending on how the game unfolds.
  • Accumulator Boost: Bankonbet boosts the potential payout for accumulator bets, which involve combining multiple selections into a single wager. The more selections you add, the higher the boost, increasing the thrill of the chase.

Casino and Live Casino Games

Bankonbet’s casino, where a kaleidoscope of colours and sounds awaits in the form of exciting online casino games ranging from classic slots to thrilling live dealer games. Before listing the popular games, let’s get some education on how these games work and how you can ensure they’re not rigged.

Online casino games rely on Random Number Generators (RNGs) to ensure fair and unfixed outcomes. These complex algorithms generate millions of random numbers per second, determining the results of each spin, hand, or roll. The Return to Player (RTP) percentage indicates a game’s theoretical payout over time. A higher RTP means a greater chance of winning in the long run.

Provably Fair Gaming takes transparency to the next level. This technology allows players to verify the fairness of each game round by using cryptographic algorithms. Provably Fair Games also allow you to manually test and confirm the fairness of outputs. Last but not least, let’s not forget the importance of licensing. Reputable online casinos like Bankonbet partner with licensed game providers, ensuring that the games undergo rigorous testing and adhere to strict standards of fairness.

Most Popular Slot Games at Bankonbet

Slots are the undisputed kings of the online casino Canada. These digital one-armed bandits offer a mesmerizing blend of vibrant graphics, captivating themes, and the potential for massive payouts. Bankonbet boasts an impressive collection of slots from renowned providers like Pragmatic Play, Play’n GO, and ELA Games.

  • It’s Shark Time by ELA Games: It’s Shark Time is a slot with an underwater adventure theme. This visually stunning slot features 5 reels, 3 rows, and 20 paylines. The RTP is 96.25%, and the volatility is medium, offering a balanced mix of frequent wins and the potential for big payouts. The game’s theme revolves around a group of sharks enjoying a beach party with cocktails and surfboards. The symbols include various shark characters, beach accessories, and playing card values. The wild symbol is a shark wearing sunglasses, and it substitutes for all other symbols except the scatter. The scatter symbol is a treasure chest, and landing three or more triggers the free spins feature. A random symbol expands and covers the entire reel during free spins, increasing the chances of winning combinations. It’s Shark Time is a fun and engaging slot with a lighthearted theme and the potential for decent payouts.
  • Tome of Insanity by Play’n GO: Do you like horror stories? If yes, you can fancy this game. Tome of Insanity has a Lovecraftian setting with 5 reels and 3 rows, featuring 10 paylines and an RTP of 96.2%. The volatility is high, meaning wins may be less frequent but can be substantial when they land. The game’s design is dark and atmospheric, with symbols like tentacles, eyes, and ancient books. The wild symbol is Cthulhu, which substitutes for all other symbols except the scatter. The scatter symbol is the Tome of Insanity, and landing two or more triggers the free spins feature. During free spins, a portal opens on the reels, adding extra wilds and increasing the chances of winning combinations. Tome of Insanity is a visually striking slot with a chilling theme and the potential for massive payouts.
  • Big Bass: Secret of the Golden Lake by Pragmatic: Bonanza series is probably one of the most popular online casino game series with numerous sequels. This 5-reel, 3-row slot features 10 paylines and an RTP of 96.71%. The volatility is medium to high, balancing frequent wins and the potential for larger payouts. The game’s theme revolves around fishing, obviously, with symbols like fish, tackle boxes, and dragonflies. The wild symbol is a fisherman, and it substitutes for all other symbols except the scatter. The scatter symbol is a fish, and landing three or more triggers the free spins feature. During free spins, the fisherman collects all fish symbols with cash values, awarding their total value at the end of the round. Big Bass Bonanza is a charming and rewarding slot with a relaxing theme and the chance to land impressive catches.
  • Lucky Dwarfs by ELA Games: Lucky Dwarfs takes you to magical forests of a fantasy world. The 5-reel, 3-row slot features 10 paylines with an RTP of 96%. The medium volatility offers a mix of recurring wins and the prospect of bigger payouts. The game’s theme revolves around a group of cheerful dwarfs mining for gems. The symbols include various dwarf characters, mining tools, and playing card values. The wild symbol is a dwarf with a pickaxe, and it substitutes for all other symbols except the scatter. The scatter symbol is a gem, and landing three or more triggers the free spins feature. During free spins, a random dwarf is chosen to become a sticky wild, remaining in place for the duration of the round. Lucky Dwarfs is a visually appealing slot with a whimsical theme and the chance to unearth hidden treasures.
  • Cash Inferno: Sizzling Scatters by Octoplay: Cash Inferno is a 5-reel, 3-row slot with 20 paylines and an RTP of 96%. The volatility is high, meaning wins may be less frequent but can be substantial when they land. The game’s theme revolves around a burning cityscape, with symbols like fire trucks, hydrants, and firefighters. The wild symbol is a flaming wild, and it substitutes for all other symbols except the scatter. The scatter symbol is a fire alarm, and landing three or more triggers the free spins. All wins are multiplied by a random value between 2x and 10x during the round. Cash Inferno is a visually intense slot with an adrenaline-pumping theme and the potential for scorching hot payouts.

List of Live Casino Games

For those seeking the thrill of a real casino experience from home, access the website and directly go to Bankonbet’s live casino section. Interact with professional dealers in real-time as you play classic table games like blackjack, roulette, and baccarat or innovative game shows like Crazy Time.

  • Mega Roulette by Pragmatic Live: Mega Roulette features multipliers up to 500x on straight-up bets, adding a thrilling element to every spin.
  • Speed Roulette by Pragmatic Live: Speed Roulette is the perfect choice if you prefer fast-paced games. With rounds lasting just 25 seconds, you can enjoy more spins and more chances to win in less time.
  • Gold Saloon Roulette: Gold Saloon Roulette features a charming saloon setting and a special bonus mentioned earlier in this article.
  • Cash Collect Roulette by Playtech: Cash Collect Roulette adds an extra layer of excitement with its Cash Collect feature, hence the name. Land the Cash Collect symbol on the same spin as numbered bet spots with cash values to collect their total value.
  • Snakes and Ladders Live by Pragmatic Live: Relive your childhood with Snakes and Ladders Live. This unique live game combines the classic board game with exciting bonus rounds and the chance to win big.

Sport Betting and Odds

Sports betting is a national pastime in Canada, and Bankonbet caters to this passion with its comprehensive sportsbook. From hockey and football to eSports and tennis, there’s a sport for every enthusiast. But how does sports betting work?

Essentially, you’re wagering on the outcome of a sporting event. The odds reflect the probability of a particular outcome occurring. For example, if the Toronto Maple Leafs are playing the Montreal Canadiens, the Leafs may be the favourites, with odds of 1.50. This means that for every $1 you bet, you’ll win $1.50 if the Leafs win. The Canadiens, being the underdogs, may have odds of 2.50. A $1 bet on the Canadiens would yield $2.50 if they pull off an upset.

  • Football (Soccer): The beautiful game is well-represented at Bankonbet, with leagues from around the world available for betting. You can wager on match outcomes, goal scorers, and correct scores.
  • Ice Hockey: Canadians bleed hockey, and Bankonbet doesn’t disappoint. Bet on NHL games, international tournaments, and even junior leagues.
  • eSports: The world of competitive gaming is booming, and Bankonbet offers a variety of eSports markets. You can bet on popular games like League of Legends, Dota 2, and Counter-Strike: Global Offensive.
  • NFL: American football fans can get into the action with Bankonbet’s NFL markets with exceptional odds and bonuses during the Super Bowl, regular-season games, and individual player performances.
  • Tennis: From Grand Slams to ATP and WTA tournaments, Bankonbet covers many tennis events. You can wager on match winners, set scores, and even the number of aces served.

Deposit and Withdrawals

Funding your Bankonbet account and withdrawing your winnings is quite simple. The platform supports a variety of payment methods, catering to traditional and modern preferences. You can use credit cards, e-wallets, and even cryptocurrencies to wager and collect winnings.

It’s worth noting that while Bankonbet doesn’t charge any transaction fees, your payment provider may impose charges. Also, the available methods may vary depending on your location. The following payment methods are available in Canada.

  • Interac: A staple for Canadian online transactions, Interac offers a secure and convenient way to deposit and withdraw funds. It’s widely accepted and trusted by both players and casinos.
  • FunID: This innovative payment solution lets you deposit funds without revealing your personal banking information. It’s an excellent option for privacy-conscious players.
  • Mastercard: One of the most recognized credit card brands globally, Mastercard offers a familiar and convenient way to fund your Bankonbet account.
  • Neosurf: This prepaid voucher system allows you to deposit funds without a bank account or credit card. Simply purchase a Neosurf voucher from a retailer and enter the code on the Bankonbet website. It’s a safe option similar to FunID.
  • Jeton: A popular e-wallet in Europe and beyond, Jeton offers fast and secure transactions. It’s a great alternative to traditional banking methods.
  • Cryptocurrencies: Bankonbet embraces the digital revolution by accepting diverse cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Tether, Ripple, USD Coin, and DAI. Cryptocurrency transactions offer anonymity and fast processing times.

Deposit

Depositing funds at Bankonbet is a straightforward process.

  1. Log in to your account and navigate to the cashier section.
  2. Choose your preferred payment method from the list of available options.
  3. Enter the deposit amount and any required payment details.
  4. Confirm the transaction and the funds should be credited to your account instantly.

Withdrawals

Withdrawing your winnings is just as easy.

  1. Go to the cashier section and select the withdrawal option.
  2. Choose your preferred payment method and enter the withdrawal amount.
  3. Confirm the transaction and the funds will be processed within a few business days.

Remember, Bankonbet may require you to verify your identity before processing your first withdrawal. This is a standard security measure to prevent fraud and ensure the safety of your funds.

Bankonbet is a young and ambitious online casino that offers a solid gaming experience. Its strengths are its diverse game selection, attractive bonuses, and 24/7 customer support. However, there’s room for improvement in areas like responsible gambling promotion and withdrawal processing times.

If you’re looking for a modern and user-friendly online casino with a wide range of games and enticing bonuses, Bankonbet is worth considering. Just be sure to weigh the pros and cons carefully and gamble responsibly.

Ready to roll the dice and test your luck? Visit Bankonbet today and claim your welcome bonus! Remember, fortune favours the bold!

FAQs

The review details these bonuses:

  • Casino Bonuses:
    • Welcome Bonuses (two options: deposit match with free spins or live casino cashback)
    • Weekly Reload Bonus
    • Weekend Reload Bonus
    • Weekly Cashback
    • Game and Time Specific Bonuses (Roulette Run, Blackjack League, etc.)
  • Sports Betting Bonuses:
    • First Deposit Bonus
    • Cashback Bonus
    • Weekly Reload Bonus
    • Boosted Odds
    • Bore Draw
    • Horse Racing Reload
    • Early Payout
    • Accumulator Boost

Yes, the review explicitly states that Bankonbet Casino has a live casino section. It even lists some live dealer games, like Mega Roulette and Speed Roulette.

The review mentions that Bankonbet has “Massive Language Support,” implying it caters to a global audience. However, it doesn’t list the specific languages offered. You’d likely find this information on their website’s footer or language selection dropdown.

Author Toprak