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Cobra Casino Review

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Fact checked by Jeffrey Nel
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It must be quite a coincidence that the first game you can see on the home page is King Cobra, and the third game on the first row is Book of Cobra. It’s anyone’s guess why this iGaming venue is called Cobra Casino. There is nothing on the site to suggest a cobra theme, apart from the snake you see when the page is getting ready to load. The only parallel we may draw is cobras are dangerous; online casino gaming can also be pretty dangerous if played irresponsibly, and without constraints. 

Cobra Casino Online

Cobra Casino is a digital casino, which was incepted in 2020. It is part of the ever-growing chain of online casinos owned and operated by DAMA N.V. Cobra Casino is actually a casino cum sportsbook. The venue boasts of a large playground of casino games like slots, virtual and live table games, instant win games, and rich, progressive jackpots. 

The games are sourced from a large collective of top studios like Playtech, Evolution, WMS, NetEnt, Play ‘N Go, iSoftBet, Thunderkick, Yggdrasil, Playson, Pragmatic Play, and Wazdan, etc. Bathed in red and black, and the colors of the game thumbnails, the platform design is pleasing to the eye. The operator provides a few reasons to play at Cobra Casino on the home page, before a cobra shocks you with its long fangs slithering over the cumulative value of progressive jackpots. 

The sportsbook serves all popular regional and global betting markets across the hottest games. However, the scope of this review is limited to the casino section. Click on the icon on the bottom left to vote for the venue in the Analyze Casino Contest to get 20 free spins. 

Cobra Casino License

Cobra Casino is covered by the Curacao master gaming license of Dama N.V. 

Cobra Casino Complaints

Cobra Casino generally receives good press from critics and players. However, it’s virtually impossible to keep all sections of the paying public satisfied at all times. There is some negative feedback, but it does not detract from Cobra Casino’s positives. With a chain of premium casinos, the operator, Dama N.V. is a prominent name in the industry. There is always room for improvement though, we do feel the bonus terms could have been more player-friendly. Phone support is also on the wish list.

Who Owns Cobra Casino?

As mentioned, Cobra Casino is owned and operated by Dama N.V. which is registered and licensed in Curacao. 

Cobra Casino Bonuses

Cobra Casino has a healthy bonus regiment, beginning with welcome and crypto bonuses over the first three deposits. Existing members have daily free spins, cashbacks, a high roller bonus, birthday offers, a VIP program, and regular tournaments with daily drops & wins. Just be sure to read the bonus terms carefully before playing with any. Deposits through Skrill and Neteller don’t qualify for any bonuses. Here are the active offers: 

Cobra Casino Bonus

Welcome Package

The welcome package consists of fiat currency and crypto bonuses over the first 3 deposits as follows: 

  • 1st Deposit: 100% boost up to €500 plus 250 free spins, 100% crypto bonus up to 1.5 BTC; code CRYPTOCOBRA
  • 2nd Deposit: 50% bonus up to €150 plus 50 free spins;50% crypto bonus up to 2.5 BTC plus 50 free spins; use code CRYPTO50
  • 3rd Deposit: 125% reload up to €400; 150% crypto bonus up to 1 BTC; promo code CRYPTO125

The qualifying fiat currency deposit is €20, while the crypto equivalent is 0.0005 BTC.  Fiat currency deposit bonuses and free spin wins must be wagered 40 times. Crypto bonuses and free spin wins must be played through 50 times. The free spins of the first deposit bonus must be played on Aloha King Elvis and Book of Cats.

Daily Free Spins

You can get up to 100 free spins on every Tuesday. The number depends on the quantum of deposit. You get 25, 50, or 100 free spins with deposits of €20, €50, €100 respectively. Promo code is LCOBRA. You must use the free spins on the game, Legacy of Cobra. Winnings from the free spins must be wagered 40 times before they can be withdrawn.

High Roller Bonus

On offer for the big players is a 50% deposit booster up to €1,000, which can be claimed two times per month. Use code VIP50 when making the qualifying deposit of €300. The bonus amount must be wagered 40 times before it can be withdrawn.

Live Casino Cashback

All play in the live casino is insured by 10%. Play at your favorite live tables and a weekly cashback of 10% up to €150 for all personal losses. Bonus money does not count towards losses. Even withdrawals will be deducted from the cashback amount. You must have incurred a minimum loss of €20 to be eligible for the cashback, which is automatically credited on Thursdays. 

Cobra Casino VIP Program

Cobra Casino has a conventional points-based VIP program with 4 levels: Newbie, Talented, Experienced and Master. You get 1 status point for €20 in bets. Keep an eye on the VIP terms and conditions. 

  • Newbie (100 points): Level welcome 50 free spins and 7% additional cashback
  • Talented (1,000 points): 100 free spins as level welcome; 10% Monday cashback; 30% deposit booster on Thursdays
  • Master (5,000 points):€20 level welcome; 15% cashback on Mondays; 50% reload bonus on Thursdays
  • Master (10,000 points): €200 level welcome, 20% cashback on Mondays; Thursday reload bonus of 200%

Cobra Casino Games

With 71 games providers, the games catalog of Cobra Casino is quite thick. Some notable games providers, apart from those mentioned in intro include Quickspin, Iron Dog, Blueprint, Mr. Slotty, EGT, Elk Studios, Booming Games, Habanero, Gamomat, Push Gaming, and Spinomenal, etc. 

The games library is organized into various lobbies below the main banner. You can also organize games according to your favorite studios. Fortunately, all games apart from live dealer games can be played in demo mode. Here are some games from each casino category:

Slots

The slots lobby loads on 4 rows of game icons before you click a button for more games. We clicked a few times, and games kept coming. Top games include Golden Lemon Deluxe, Anksunamun: The Queen of Egypt, Mount Magmas, Razor Shark, Cai Shen 689, Book of Cobra, and Luxury Life, etc.

Cobra Casino Slots

Table Games

The table games lobbies are sub-divided into roulette and card games, which is pretty practical. Games include Blackjack Multihand Pro, Baccarat Professional Series, Caribbean Stud Poker, Dragon Tiger, Pontoon, Switch Hi Lo, War, and roulette with French, European, and American rules, etc.

Cobra Casino Card Games

Live Casino

The live dealer section is large to say the least. As usual, multiple versions of blackjack, baccarat, poker, and roulette dominate the lobby. Other games include Andar Bahar, 32 Cards, Craps, and Teen Patti, etc. Monopoly, Dream Catcher, and Gonzo’s Treasure Hunt are some of the game shows.

Instant Win Games

Cobra Casino has a small section of instant win games, which is a combination of arcade, crash, and plinko games, etc.  The titles are Limbo Cat, Lucky Tanks, Space XY, JetX, F777 Fighter, Heads and Tails XY, Lucky Punch, Balloon, Minesweeper XY, Plinko XY, and Rocket Dice XY.

Progressive Jackpots

The total value of jackpots was €16.7 million at the time of writing. Many of the games usually tick into 5 and 6 figures, but were still getting there. These include Imperial Riches, Divine Fortune, and Mercy of the Gods. Other games are Grand Spinn Superpot, Mega Joker, and 30 Spicy Fruits, etc. 

Cobra Casino Lobby

As mentioned in the previous section, all the games lobbies at Cobra Casino are present below the main banner on the home page. These are slots, card games, roulette, instant win, live casino, and jackpots. Games are also organized as popular, recommended, and new games. The individual studio lobbies can be accessed through a drop-down menu at the far right.

Cobra Casino on Mobile

Cobra mobile casino is almost a miniature replica of the PC platform. The design and layout are the same, but some links are positioned differently. The headers have disappeared inside a hamburger menu at the top left. The log in and sign-up tabs are at the top center; the language menu retains its place at the top right. You can install the mobile app through the drop-down menu.

You can play on the go on virtually all Android, iOS, Windows Phone, and Blackberry, etc. devices. The majority of games in the library are coded in HTML5, the software that creates the mobile interface. Mobile games include Loot the Train, Magic Apple 2, The Dog House Megaways, Joker Madness, Mystery Museum, Legacy of Doom, Mini Baccarat, and Double Exposure Blackjack, etc. 

Cobra Casino Download

Cobra Casino has a downloadable app for both PCs and mobiles. You can download the PC app from the top left, and the mobile app from the hamburger menu at the top left. 

Cobra Casino App

Cobra Casino has an app for both PCs and mobiles.

Cobra Casino User Experience

Cobra Casino can be very convenient for casino gamers who also like to bet on sports. The most attractive feature of the casino is the vast casino library. You can play the hottest online casino games on the planet. The library is organized in a practical manner, which makes it easy to zoom in on your pet games, though the slots lobby could use some filters. 

On the flip side, there are too many live games in card games and roulette lobbies; finding your favorite virtual games is like searching for needle in a hay stack. Punters who like playing with bonuses and in tournaments can go berserk. Cobra Casino is part of a licensed chain of casinos, and offers a highly secure, equitable, and responsible gaming environment.

Cobra Casino Customer Support

Customer support is available via two channels:

  • Live Chat: The chat window lies at bottom right
  • E-Mail: Use the e-mail form on the Support page

Cobra Casino Withdrawal Methods

Cobra Casino has a long list of withdrawal options. Unfortunately, we cannot specify the options South African players can choose. The list has the following options: Visa, MasterCard, Neteller, Skrill, Paysafecard, Interac, SticPay, EcoPayz, Yandex, Neosurf, InstaDebit, Venus Point, Crypto wallets, and bank transfer. 

Cobra Casino Deposit Methods

South African can use many or all of the deposit methods given in the list. These include Visa, MasterCard, Maestro, Skrill, Neteller, EcoPayz, Paysafecard, SticPay, Interac Online and e-Transfer, Neosurf, iDebit, Venus Point, Siru, and Crypto wallets. 

Why Choose Cobra Casino

There are some main reasons why you should consider Cobra Casino, despite there being no South Africa website version. The first is the convenience of having to play casino games and bet of sports through one casino account. Second is the huge and versatile playground, with games from a battery of top studios. The reason will appeal to punters who like playing with bonuses. The fourth reason is security quotient of the venue, particularly given the casino’s heritage.

Cobra Casino License

The casino’s operator Dama N.V. is regulated by Antillephone N.V. with license no. 8048/JAZ2020-013.

Cobra Casino Terms and Conditions

The main terms and conditions from a player’s perspective are bonus rules, and conditions attached to withdrawals. Some of the important ones are: 

  • It is the player’s responsibility to know about the existing laws regarding gambling in your jurisdiction, before joining Cobra Casino
  • The operator reserves the right to divide payments above €14,000 into equal monthly installments; however, progressive jackpot wins are paid in full
  • You cannot claim more than 3 high percentage bonuses (50% or more) in a row without making a deposit; the deposit should be higher than the average of the last 2 bonus deposits
  • It is the player’s responsibility to familiarize themselves with the return to player or the theoretical payout percentage of each game
  • IF any dispute arises, the logs in the server and other digital records shall be the final arbiter in determining the result of any claim

Cobra Casino Safety

Cobra Casino follows industry-best practices and implements mandated security protocols to ensure a safe, fair, and responsible gaming environment. All games are regularly checked for randomized results by independent auditors. Sensitive data and financial transactions are protected by advanced Secure Socket Layer (SSL) encryption technology.

Personal data is governed by the Privacy Policy; the operator will never share your information with outside parties, except with authorities in exceptional circumstances. To avoid excessive gaming, you can set game session limits, daily, weekly, and monthly betting limits, and even get yourself barred from the platform for temporary periods of time.

Cobra Casino Log in and Registration

Click on ‘Join Now’ on the main banner and fill in the information asked for on the registration form:

  • Enter your e-mail ID
  • Select a password
  • Select your currency
  • Enter a bonus code if you have one
  • Click on the circle to confirm you’re over 18 and accept the terms of use and Privacy Policy
  • Click on the circle to receive bonuses every week
  • Click on the circle to receive promotional messages from partners
  • Hit ‘Join Now’

You will be redirected to your account, from where you can make your first deposit and receive your first welcome bonus.

Placing Your First Bet at Cobra Casino

This section is more relevant to sports bettors, but even new casino players will make their first bet. Log in to your account, and head to the cashier section. Select your payment method or copy/paste the URL of your crypto wallet. Enter your banking information. Enter your deposit amount and submit. Once your deposit is credited, open a game, and start betting.

Cobra Casino Payout Rate

A casino’s payout rate is the percentage of money it gives out as winnings, as against the house edge. Cobra Casino does not publish the rate on its website. The industry average house edge is less than 5%. You can ask customer support for Cobra’s Casino’s payout rate.

Cobra Casino Win Rate

The win rate is normally calculated for table games; slot games have published RTPs. However, the win rate for table games is not published. The win rate is determined by the math given by the rules of the game and the bet amount. If you can calculate the match, you can bet accordingly.

Cobra Casino Odds

Odds are just another term for win rate, but odds are more pertinent in sports betting. Table games offer the highest odds, but like the win rate, they are not published. In sportsbooks, winning odds are depicted as a ratio of the bet. 

Casino InformationCobra Casino
Cobra Casino
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Rating
4.5/5
5/5
4.5/5
4/5
Bonus
Top Features
  • bitcoin
  • Classic Slots
  • Easy Registration
  • Excellent on Mobile
  • Good Game Variety
  • bitcoin
  • Excellent on Mobile
  • Large Selection of Games
  • Crypto Accepted
  • Large Selection of Slots
  • Local Banking Methods
  • Excellent Support
Min. Deposit

$20

R25

R100

R25

Payment Methods
NetellerSkrillPayz
20 more
BitcoinPayzEasyEFT
6 more
BitcoinVisaMasterCard
6 more
VisaMasterCardEasyEFT
6 more
CurrenciesAUD, BTN, BCH, BRL, CAD, KYD, CNY, CUC, DOGE, EUR, INR, JPY, KZT, LSL, NZD, NOK, PLN, RUB, LKR, USDT, THB, GBP, USDZAR, BTCZAR, BTC, LTC, BCHZAR
LicenseCGCBCGCBCGCBCGCB
WebsiteClaim RewardClaim RewardClaim RewardClaim Reward

How Cobra Casino Compared to Similar Casinos

All entities have their own strengths and weaknesses, and are best judged accordingly. Cobra Casino ticks the right boxes like the number of games, bonuses and the worth of the jackpots. However, you cannot become an overnight millionaire at Cobra Casino; there are more popular and respected licensing authorities than Cobra Casino’s regulator.

Accepted Withdrawal Methods

Banking MethodDepositWithdrawal Withdrawal Speed
VisaYesYes1-3 days
MasterCardYesYes1-3 days
SkrillYesYes1-3 days
EcoPayzYesYes1-3 days
NetellerYesYes1-3 days
PaysafecardYesYes1-2 days
InteracYesYes1-3 days
SticPayYesYes1-2 days
YandexYesYes1-3 days
NeosurfYesYes2-3 days
InstaDebitYesYes1-2 days
Venus PointYesYes1-3 days
Crypto WalletsYesYesInstant
Bank TransferYesYes3-5 days

How to Make a Withdrawal at Cobra Casino

  • Log in to your account
  • Click on ‘Withdraw’
  • Select your payment method or copy-paste the URL of your crypto wallet
  • Enter your banking information
  • Enter the withdrawal amount
  • Submit

Cobra Casino processes withdrawal requests within 5 business days.

Cobra Casino Pros and Cons

Pros
  • Large and versatile games library
  • Games sourced from a battery to top studios
  • Welcome package over the 1st three deposits
  • Regular regimen of promos and bonuses
  • Large lobby of live dealer games
  • Rich, progressive jackpots
  • Licensed and regulated casino
Cons
  • No support for SA Rand
  • No 7 or 8 figure jackpots
  • No phone support

Why do South Africans Love Cobra Casino

Cobra Casino may not support SA Rand, but there is much that South Africans can benefit from, starting with the rich and diverse games library with all popular titles. Springboks who like playing with bonuses have a lot going for them. There are numerous and varied real casino experiences in store. Lastly, the casino offers a highly safe, equitable, and responsible gaming environment.

FAQ Section

Does Cobra Casino have a gaming license?

Cobra Casino is licensed by the Government of Curacao.

Is Cobra Casino safe?

The operator follows industry-best practices and implements all mandated security protocols to offer a safe, fair, and responsible gaming platform.

How long does it take for a payout?

Cobra Casino processes withdrawal requests within 5 business days

Available languages

Cobra Casino is available in 13 European languages

Can you play on laptop & computer?

Yes, Cobra Casino is a multi-device platform. 

How many games are available for mobile?

The exact number is not known, but you expect to play the majority of the games in the library while on the move.

Can you play for real money?

Yes, there are plenty of real money games plus you can also check out most of the games in demo mode as well.

Lawrence
Lawrence Muller

Content Editor

374Written articles

Lawrence is all in on the casino industry. His core market of focus is South Africa, but he has had significant exposure to international gambling markets. Areas ...continue reading

Fact-checked by: Jeffrey Nel
Clock Icon 10 min read