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5/10

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Nitrobet welcome bonus and review

[Updated 25th January 2024] Important Announcement: We regret to inform you that Nitrobet is oficially closed. Here are some suggestions of online casinos that offer great bonuses: BetandYou, Stake and BetWinner.

Regulated and licensed by the lotteries and Gaming Authority in Malta, Nitrobet was founded with the intention of becoming an all around gambling operator. Sports betting, casino games and poker have the same share in their business model and a fairly similar number of customers. It also helps that the unified wallet allows for money transfers without commission and delays, while all the games are also available on virtual currency.

Nitrobet has a gaming platform that works equally well on smartphones, tablets and desktop computers, so convenience is guaranteed. The bookmaker takes security very seriously and by using the latest encryption technologies, it strives to provide clients with the highest safety standards. Both transactions and personal details are processed with utmost attention to details and players are allowed to cash out significant amounts in a single transfer.

The website has a simple layout and the interface is user-friendly, so beginners will have no problem in signing up. On those rare occasions when the assistance of customer support is required, several communication channels are available and someone is always available to provide assistance. The comprehensive FAQ section is updated with new questions on a weekly basis, so most of the answers can be found here.

Sports betting at Nitrobet

Nitrobet stays true to its name and in addition to popular sports, such as soccer, tennis, rugby, American sports or ice hockey, it has an impressive selection of motorsports races. Virtually all the Formula 1 events, Moto GP and lower classes are covered as well as local competitions that are not available with other bookmakers. In addition to offering better odds than regular sports, these races also have the upside of being broadcasted live by various television networks from multiple countries.

Nitrobet doesn’t stray too far from the traveled paths and while emphasizing the importance of motorsports, it pays the same attention to soccer. As mentioned above, the company is licensed and regulated with the Maltese authorities, but it is actually a Greek operator. As a result, the domestic championship as well as the matches involving Greek teams are spending more time in the spotlight then their European counterparts.

The number of markets on an average match revolves around 40, with more of them being made available whenever popular teams go head to head. Live betting is a bit underdeveloped, with the selection of available games being slightly lower than the ones offered prior to kickoff. To some extent, the highly intuitive and easy to handle betting module compensates this deficiency, but Nitrobet doesn’t go all the way and doesn’t offer a live streaming tool.

The house edge is relatively low on soccer, tennis and American sports with the average return being of 93%. To put things into perspective, Nitrobet offers even odds of 1.93 as opposed to the industry average of 1.91. This doesn’t look like much, but in the long run all the profits compile and the slight difference could be enough to keep marginally winning players above the profitability line.

Nitrobet doesn’t cater for customers from United States, which has a two-pronged effect. On one hand they miss out on numerous business opportunities as American players are numerous and enthusiastic, on the other they can offer more payment methods and faster withdrawals. American sports are available for betting, albeit they are no match for European competitions when it comes to the number of markets or the live wagering opportunities.

Welcome bonuses and free bets at Nitrobet

Nitrobet has a welcome bonus but it is only available to those who reside in some European countries and Greece, with the list of restricted nations being pretty long. As for the sheer bonus, players can expect to receive €50 whenever they deposit an equal amount as the first investment is doubled. While the welcome package is nothing to shout for, the fact that the wagering requirements only demand players to spin the combined amount through five times is surprisingly convenient.

The bookmaker goes a step further and has low minimum odds of 1.50 so at least in theory players could clear the entire bonus in a single day. The thing that prospective customers should be aware of is that the bonus is actually a free bet, so they shouldn’t run on the minimum odds, if they want to maximize their profits. It is of paramount importance to wager on at least even odds when placing the first bet, so that the free bet will generate a nice return on investment.

The use of combo bets is allowed and encouraged, both during the bonus clearing process and after the free bet has been converted into cashable funds. Nitrobet doesn’t have a clear plan on it comes to improving customer retention, as it offers no reload bonus to those who don’t succeed at first. The referral campaign is nonexistent and unless players are so impressed by the quality service as to recommend friends on their own volition, the customer base is unlikely to grow too fast.

Nitrobet is equally ineffective at rewarding fidelity and so far it has no solution for punters who hope to attain VIP status, just like other bookmakers, such as Casollo sports. In the absence of a loyalty ladder, making giant leaps forward or even small steps is downright impossible and the only way of quantifying success is by checking out the account section. In this area, punters are provided with numerous tools to monitor their results over a longer period of time, which allows them to make necessary adjustments if things are not going as planned.

Other gambling options at Nitrobet

Nitrobet has a casino section and a corresponding welcome bonus that is even more generous than the one awarded to regular punters. The first deposit is also doubled, but the maximum limit has been increased to €200 or currency equivalent and players can meet the wagering requirements by playing slot machines, video poker and table games. Each genre has several varieties and when it comes to slots, the most attractive ones are progressive jackpots.

There are a couple of video poker variants and just as many table games, but the latter are supposed to be played exclusively against the random number generator. Nitrobet has just one weakness when it comes to casino games and this is in regard with the absence of a live casino section. There are plenty of people who would prefer playing blackjack, roulette, baccarat than craps against real dealers instead of the RNG.

Just when you thought that things couldn’t possibly get better than this, Nitrobet manages to surprise you once again with a generous welcome package for poker players. Fans of the genre are going to collect a maximum amount of €500 and the money is released incrementally as they accumulate frequent player points. These are earned at cash game tables and tournaments and poker players have exactly one month to clear the bonus, with the remaining amount being subtracted after 30 days.

Pros and Cons for playing at Nitrobet

Nitrobet is an all-inclusive Greek online gambling operator, equally dedicated to serving punters, casino games and poker players. The selection of sports, slot machines, table games and poker options is impressive and hadn’t it been for the lacking of a live casino section, they would’ve been spotless.

The welcome packages range from average ones for punters, to decent amounts awarded to casino players and amazing bonuses for poker enthusiasts. The best part is that new customers can collect all the bonuses in a sequence as they are not mutually exclusive and the wagering requirements are not hard to meet.

Banking and customer support

Nitrobet doesn’t have to deal with the pressure bearing on the online gambling operators serving US players and trying to find a way around the restrictive laws. As a result, they can offer several payment methods including visa, mastercard, neteller, skrill, paysafecard, ukash and bank transfer and process transactions in a matter of days.

One of the best-selling points is that the minimum deposit consists of only €5 and players are allowed to cash out their profits as soon as they have a minimum of €10 in their online account. These low limits will appeal to beginners, but highrollers won’t feel left out because their interests are also served properly, with maximum cash outs of as much as €100,000 per day.

Nitrobet has the website translated in Greek and English and customer support is offered in both languages, with players from Greece having their toll-free numbers. Phone support is available worldwide and the same goes for email and more recently live chat, with the latter gaining traction. The bookmaker also has a presence on social networks ranging from Facebook and Twitter to Google +, where they advertise their latest campaigns but also respond to the questions posted by members.

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