Velobet
Velobet Terms and Conditions Explained
Every Velobet account must meet a minimum age of 18 and follow registration, bonus and withdrawal rules set out in terms last updated on 07/03/2025. These cover the 1x wagering rule on deposits, the £7,500 weekly withdrawal cap and the Up to 330% Bonus + 300 Free Spins welcome package.
Claim 330% + 300 Free SpinsTerms and Conditions at Velobet
The terms and conditions governing Online Casino Velobet were last updated on 07/03/2025 and remain binding only in their English version. Anyone wishing to open an account must be at least 18 years old, and registration itself only asks for an email address, a username that cannot be changed afterwards, and a password of at least 8 characters containing one capital letter and one alphanumeric character. These terms are governed by the law of Curaçao, so any dispute must be brought before a competent court there.
Sharing an account, routing deposits or withdrawals through a third party, or running shared wallets between players is treated as a breach that leads to closure and a 20% settlement fee on the remaining balance. Our welcome package, detailed on the welcome bonus page, carries its own clauses: winnings from a deposit bonus can only be withdrawn up to 10x the deposit that triggered it, while a no-deposit bonus or free spins package caps withdrawals at £100.
Completing Your Account Profile
Crypto deposits are available straight after sign-up, but every other payment method requires completing My Account > Personal Information with a first name, last name, date of birth, mobile number, country, city and address. Verification then asks for a valid ID or passport and proof of residence no older than three months, processed within 48 hours and kept on file for 10 years.
Restricted Countries and Responsible Gambling Rules
Registration is not available to residents of Aruba, Bonaire, Curaçao, Lithuania, the Netherlands, Georgia, Saba, St Maarten, the USA and its dependencies, or any country blacklisted by the FATF. Accounts held from Russia and Belarus are closed with the balance retained, while Georgian accounts are closed with deposits refunded minus a 20% fee.
We offer account limits, a support-managed time-out that reopens automatically once the chosen period ends, and self-exclusion from six months to five years by email request, with six months applied by default when no period is specified. Players who need extra support can be pointed toward Gamblers Anonymous, GamCare or Gambling Therapy, and parental-control software such as Net Nanny, CyberPatrol or CYBERsitter can be used to keep the site away from under-18s.
Once a deposit has been played, no refund applies; a refund request must be submitted within 14 days of the deposit, or 30 days if the account was accessed by someone else, with identification supplied within 5 days and an administration fee of up to 20% deducted from any amount returned. Politically exposed person accounts may be closed on the same 20% fee basis, while VIP players, covered on our VIP page, may be granted higher withdrawal limits than standard accounts.
Deposit and Withdrawal Rules in Numbers
The figures below apply to every payment method we support, from Visa and Mastercard to Bitcoin, Ethereum and the other crypto coins we accept.
| Rule | Figure |
|---|---|
| Minimum deposit | £10 or equivalent |
| Minimum withdrawal | £10 or equivalent |
| Weekly withdrawal limit | £/$7,500 |
| Monthly withdrawal limit | £/$15,000 |
| Processing time | Within 3 banking days |
| Wins over £15,000 | Paid in monthly instalments of up to £15,000 |
These caps sit on top of the wagering rule that requires deposits to be wagered 1x before a withdrawal is processed; bets since the last deposit under 3x its value can trigger a processing cost on the amount withdrawn.
Frequently Asked Questions About Our Terms and Conditions
What is the minimum age to register at Velobet?
The minimum age to open an account is 18, and registration requires an email address, a username that cannot be changed later, and a password with at least 8 characters including one capital letter and one alphanumeric character.
Which law governs the Velobet terms and conditions?
Our terms and conditions, last updated on 07/03/2025, are governed by the law of Curaçao, and any claim must be brought before a competent court there. The binding language of the terms is English.
How long do Velobet withdrawals take to process?
All withdrawals, including bank transfer, are processed within 3 banking days. Weekly withdrawals are capped at £/$7,500 and monthly withdrawals at £/$15,000, though VIP players may receive higher limits.
What happens to winnings over £15,000 at Velobet?
Wins over £15,000 may be paid out in monthly instalments of up to £15,000 each. The maximum win on a single bet or spin is the crypto equivalent of £100,000, though progressive jackpots are paid in full.
What is the wagering requirement on deposits before withdrawal?
Deposits must be wagered 1x before a withdrawal can be requested, and some situations apply odds of 1.3 to qualifying bets. If total bets since the last deposit stay under 3x its value, a processing cost may be deducted, and withdrawing unwagered funds can cost a 20% deduction.
Can I open more than one Velobet account or claim a bonus twice?
Only one of each bonus is allowed per person, IP address, device, family, address, phone number, card, payment account and email. Shared wallets or accounts between players lead to account closure and a 20% settlement fee on the balance.
Which countries are restricted from registering at Velobet?
Residents of Aruba, Bonaire, Curaçao, Lithuania, the Netherlands, Georgia, Saba, St Maarten, the USA and its dependencies, and any FATF-blacklisted country cannot register. Accounts from Russia and Belarus are closed with the balance retained, and Georgian accounts are closed with deposits refunded minus a 20% fee.
7-minute read • Revised Oct 9, 2026