CoolBet Casino
Review Breakdown
Coolbet Casino and Sportsbook was launched in 2016 by founder Jan Svendsen. Initially, as an Estonian casino, Coolbet is licensed by the Malta Gaming Authority. Coolbet has expanded operations globally and now operates in countries such as; Sweden, Norway, Finland, Iceland, Chile, Peru and Canada. Coolbet provides players with an exceptional casino and sportsbook covering various games and sports.
Coolbet has been recognized for its products and is a multi-time winning betting operator. Some of the accolades that Coolbet has received over the years from the International Gaming Awards include; the 2017 ‘Start-Up of the Year’ and the 2018 and 2020 ‘Mobile Sports Product of the Year’.
Coolbet Review
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- Free Spins
- 24/7 Support
- 5+ Years
- Malta Gaming Authority
- Casino
- Sports Betting
- Live Casino
- BTG
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- Play'n GO
- Pragmatic Play
- Push Gaming
- QuickSpin
- Relax Gaming

Bonuses and Promotions
New players receive a sizeable Welcome Bonus covering the sportsbook, mobile casino and poker products. In addition to the welcome bonus, Coolbet constantly rewards players with exciting bonuses that include; free bets, improved odds boosts, cash prizes and free spins promotions.
Welcome Bonus
To get started at Coolbet, new players will be able to take advantage of a generous welcome offer covering sports, casino games and poker. At the time of this review, European players can grab a 100% welcome bonus of up to $/€100 on all sports. The minimum deposit to claim the bonus is $/€10. Canadian players have the option of choosing between two welcome casino bonuses. To claim the first casino bonus, a minimum deposit of $/€10 needs to be made, and after that, players get a $/€60 bonus bankroll. Alternatively, players can claim a 100% deposit bonus of up to $/€150 + 50 free spins on a select casino game. The minimum deposit for the bonus is $/€20.
If you are a poker enthusiast, don’t stress, Coolbet has you covered with an exclusive bonus. Players who opt-in will be rewarded up to $/€500 in bonus funds paid out in $/€10 increments. Welcome bonuses at Coolbet may change monthly, but Coolbet will always have a new offer for all new players.
Other Promotions
Coolbet is constantly introducing new and exciting promotions for players. At the moment, sports promotions include; $/€15 weekly free bets on eSports, $/€15 free bet on the French Open and a $/€15 free bet that is available to use on any sports when betting on the UFC. Current casino promotions include; dropped prizes of up to $/€4000, weekly prize pools and free spins. Additionally, a $/€75 Refer a Friend bonus is available for every player’s referral.
Play-through Requirements (Wagering Requirements)
All welcome bonuses at Coolbet have specific terms and conditions attached. The wagering requirements for the 100% welcome bonus of up to $/€100 on all sports are set at six times (6x) at minimum odds of -200. Therefore, any winnings can be withdrawn once the bonus is wagered in six bets. The casino welcome bonus has its own wagering requirements. The first bonus of $/€60, which players can earn when they deposit $/€10, must be wagered 45x before funds can be withdrawn. The second casino bonus, a 100% deposit bonus of up to $/€150 + 50 free spins on a select casino game, requires a minimum deposit of $/€20 and must be wagered on slots within 30 days with a 35x rollover. All players should be aware of the terms and conditions of the bonuses, including which games apply to wagering requirements, so please read them carefully.
VIP & Loyalty
At the time of writing, there is no dedicated VIP or loyalty program at Coolbet. However, Coolbet does offer daily free bets to players on sports. Poker players are also rewarded with weekly money back rewards through weekly rake hands played.
How to Sign up and Start Playing
When you are ready to start playing at Coolbet, navigate to the website and follow the steps below:
Payments
Coolbet prides itself as an industry leader in getting funds in and out of your Coolbet account. Secure transactions are available to players worldwide. A wide variety of casino payment options are available to players.
Deposit methods
Deposit methods at Coolbet include; Visa, Mastercard and Trustly. E-wallet methods such as Skrill, Neteller and Paysafecard are also available to players. There are no fees for making deposits, and deposits are processed instantly.
Minimum & Maximum Deposits
The minimum deposit at Coolbet is $/€10, depending on your selected currency. The minimum deposit to trigger the casino bonuses is $/€10 and $/€20 for each bonus. The maximum deposit to trigger the casino welcome bonus is $/€150.
Withdrawal methods and time
Ideally, you should withdraw funds using the same casino payment option as when depositing. When using E-wallet methods such as Skrill and Neteller, expect to receive your withdrawal within 24 hours, sometimes even instantly. Bank transfers, Visa and Mastercard withdrawals can take between 1-3 business days to process. Coolbet charges no withdrawal fees, and the minimum withdrawal is $/€20.
Games
Coolbet has an impressive casino game offering, ranging from slots to table games, live dealer titles, poker games and sports betting. Coolbet casino games are powered by industry leading software developers like; Microgaming, NetEnt, Evolution Gaming, Yggdrasil and Play ‘n Go.
Slots
Coolbet casino slot games have impressive Rate to Player (RTP) rates for all players. There is something for everyone, and popular slots titles are; Vikings, Ivan, Immortal King, Twin Spin Megaways, Mega Joker, Mega Moolah: Goddess and Mega Fortune and Divine Fortune.
Table Games
For casino lovers who prefer table games, Coolbet has a wide variety of games for you. Popular table games include; blackjack, roulette and craps. Coolbet also has an exclusive poker offering that includes; Texas Hold ‘em, Russian poker and premium tables and live network poker tournaments.
Live Dealer games
Coolbet offers a unique live dealer experience from the comfort of your home through Evolution Gaming. You can enjoy a range of trendy live games such as; Dream Catcher, Monopoly Live, Deal or no Deal, Fan Tan Live, Lightning Dice, Lightning Roulette and Crazy Time.
Sports Betting
The sportsbook product at Coolbet is quite extensive and covers all the major European and North American sports. Popular sports available for betting are; ice hockey, basketball, baseball, football, golf, UFC, tennis, soccer, boxing, motorsports and eSports. Competitive odds are offered on all betting markets. Types of sports bets include; money line betting, spread betting, totals betting, prop betting, parlays, live betting and outright/futures betting. Sports betting features at Coolbet include; cash-out options, boosted odds, combo generators and bet builders.
Mobile & Apps
Every player is different, and some may prefer betting and playing through their phone rather than a laptop or desktop. Coolbet caters for all types of players and has a high-quality mobile casino that mirrors the desktop version. The mobile casino features the same products as the desktop and is available for download to all IOS and Android players.
Security & Licensing
Originally from Estonia and with a Malta Gaming Authority license, Coolbet is a secure and legal betting operator. Coolbet operates in many different European countries with local licenses. Coolbet is fully licensed and regulated for Canadian players and has registered with the Alcohol and Gaming Commission of Ontario (AGCO) and entered a partnership agreement with iGaming Ontario. Maximum security is guaranteed through SSL-bit encryption technology, and player’s private documents and passwords are never shared with outside parties.
Customer Support
Customer support options at Coolbet consist of a 24/7 live chat feature, email support via [email protected] and a FAQ section on the website that covers all types of questions ranging from how to place a bet to how to make a withdrawal. At the moment, there is no phone number to contact Coolbet.
📋 Frequently Asked Questions
Our Verdict
Coolbet Casino & Sportsbook is a popular betting operator for players to use. The website is easy to access, and new players are welcomed with impressive bonuses. All casino games provide an action, thrilling experience through impressive software developers. Coolbet Casino & Sportsbook has emerged as a premium gaming destination, and with numerous industry gaming awards, prospective players can be assured that Coolbet is safe, legal and secure to use and will provide an exciting gaming experience.