Cashpot has been Blacklisted due to unethical business practices.
Cashpot Casino REVIEW
Players from United States cannot play at Cashpot casino.
Review last updated - July 2017
Cashpot casino are a rebranding of Cosmik casino.
Cashpot Casino are part of the AffPower Affiliates/Game Tech group together with their sister properties: Slots500 Casino, Crazy Casino Club, Casino Bordeaux, Magik Casino and Ocean Bets Casino. This group are regulated by the Curacao egaming Master License provider. The Cashpot Casino website is very plain and features a colour palette comprising of black and bright green. This operator offers a limited number of games by the following software providers: Nektan, Nextgen Gaming, Amaya, BetSoft, Thunderkick, Lightning, ELK Studios and 1x2 Gaming. This group of operators has been caught using pirated Net Entertainment games.
Since Cashpot Casino do not hold a UKGC license we cannot send a reviewer to test its site.
(-1)Despite not holding a UKGC license, and therefore being unable to legally accept sign-ups from UK players, casino support assured us that they do accept players from the UK.
During the background research on this group of casinos we did find some substantially negative reports, both seemingly from the same player at different portals, revolving round Conan casino seizing over $30k due to breach of Terms and Conditions. As it turns out, it seems that two bonuses were added to the players account in quick succession, one large bonus (£600) and another small bonus (£30). The casino then enforced the maximum bet rule for the smaller bonus so the player’s wagers of £100/hand breached the term. In the instance of two bonuses being added to the account in such a short time frame (the player claims they must have been added at exactly the same time and the casino claim there was a 2 minute delay), we would be inclined to view these as the same bonus. To seize such a large win on what can only be considered dubious grounds certainly isn’t a great confidence booster.
During our December 2013 update we were alerted to this term having been added to the Conan properties:
- Placing single bets equal to or greater than 30% of the value of the deposit.
- Due to extensive game manipulation, this applies to all players, regardless if they have any bonus or not.
Simply put there is no mathematically valid way for a player to gain an advantage over the house using betsize alone. If these casinos genuinely feel that a player without a bonus represents a legitimate threat to them, either their games are not functioning correctly or they do not have a strong enough understanding of how their games work. Either way, we're not comfortable recommending these properties as long as they continue to carry these terms.
In late 2014 a situation came to light where an affiliate was found to be hacking into other sites and posting their gambling links on these sites without the owners knowledge or permission. This activity is clearly illegal and unethical. The majority of casinos that were receiving traffic from this affiliate closed the affiliate's accounts upon finding out what the affiliate was doing, however some casinos, whether via intent or insufficient security policies, continued to be listed on these sites for many months after the activity of this affiliate came to light. Many other brands managed to quickly take action to get themselves removed from the hacked sites (closing the affiliate account down and ensuring that new accounts could not be open).
In early 2016 this group were caught running pirated Net Entertainment games.
The Game Tech Group N.V. license holders were previously licensed by the MGA. After legal consultation the MGA were advised that the terms this group use to limit the maximum allowed bet during non-bonus play contravened EU consumer protection law. On this basis the MGA instructed the license holders to repay confiscated funds tied to a complaint that occurred while they held an MGA license. The Game Tech Group N.V. refused to do so and subsequently became non-responsive.
The Game Tech Group N.V. has enforced predatory terms prohibiting "betting systems" on a player who flat bet on a single number on Roulette. If flat betting on a single number is considered a "betting system" any player that chooses to with this group could be considered to be in violation of this term.
For references see AffPower Group Player Issues
We have identified this operator running on the following urls:
300% up to €1000
Terms and Conditions
The Cashpot Welcome bonus currently consists of a bonus of 300% up to €1000.
The minimum deposit that will trigger the bonus is €20.
This bonus has a wagering requirement of 33x(deposit+bonus) for the deposit bonus.
The bonus uses the standard bonus structure with funds being locked from the moment of deposit until all wagering requirements are met and bets with both deposited and bonus funds contributing to the wagering requirement.
The maximum allowed bet while playing with this bonus is 30% of the bonus received.
There is no maximum allowed win when playing with this bonus.
This bonus is sticky which means that it can never be withdrawn. Once you have completed the wagering requirement the bonus will be removed from your account at the time of your first withdrawal.
- Slots (all varieties) 100%
- Blackjack (all varieties) 10%
- Roulette (all varieties) 10%
- Casino Poker (all varieties) 10%
- Baccarat (all varieties) 10%
- Video Poker (all varieties) 10%
- Craps (all varieties) 10%
- Casino War 10%
- All other games 100%
Available to newly registered players only.
Every effort is made to ensure these terms are accurate and up-to-date, however we accept no responsibility for inaccuracies or errors. It is your responsibility to ensure that you confirm the terms of any promotion you accept with the operators website before you play.
BONUS CODE: NATry another casino
Payout Speed: 24h
Casino support assured us that withdrawals to ewallets take 24 hours maximum.
Minimum withdrawal - €100
Maximum withdrawal - €5000 every 30 days
Banking options available - Credit/Debit cards, Bank Transfer, Neteller, Skrill (Moneybookers), Entropay, Sofort and Diners Club.
We recommend using Neteller for speed, convenience and security. To sign-up to Neteller click here.CLICK HERE TO JOIN NETELLER
Cashpot Casino hold the following gambling licenses :
- Curacao eGaming - Cashpot Casino are licensed by Cyberluck, the Curacao eGaming Master License holder. We have had no success contacting this license holder, either directly or via the affected player, about player complaints and consider them to be completely non-responsive. You can find further information regarding this regulator's complaint policies here.
The following countries are restricted from participation with Cashpot Casino: Israel, Singapore, Turkey, United States and its territories and the United Kingdom.
|Email :||[email protected]|
|Address :||Dr. M.J. Hugenholtzweg Z/N|
Players from United States NOT accepted.
Cashpot does not accept players from the following countries: American Samoa, Oceania, Guam, Israel, Singapore, Turkey, United Kingdom, United States, United States Minor Outlying Islands, Virgin Islands, U.S..
Ramses Gold Casino do provide a comp points system. Points are accrued at a rate of 1 point for every €10 wagered. Points are redeemed at a rate of 100 points to €1.
Cashpot Casino is Blacklisted at ThePOGG. There are several issues outlined in the body of the review but further to this it is worth noting that this operator has a high minimum withdrawal limit in place at €100. Their Terms and Conditions also seem to be deliberately constructed so as to punish problem gamblers that attempt to play in a more responsible manner. Term 13.6 refers to players setting account limits and being unable to withdraw over a certain withdrawal limit as a result. This hardly seems fair or in the spirit of discouraging problem gambling and as such we would urge players to take their money elsewhere.
Associated By Company
Cashpot - Refusal of withdrawal
Cashpot - Account closure
Cashpot - casino opened my account without request and i told them have gambling problem
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