10 facts about Betplay you should know before you sign up
Betplay states no gaming licence on its site and doesn't ask players to verify their ID. Here are ten things worth knowing before you sign up, each checked against Betplay's own pages.
- 01
No gaming licence is stated on its site
Betplay's site states no gaming licence, and its terms are governed by Costa Rican law.
Source: betplay.io ↗ - 02
It's run by LAMA TECH, LIMITADA in Costa Rica
The company named is LAMA TECH, LIMITADA, Costa Rica, corporate ID 3-102-857685.
Source: betplay.io ↗ - 03
Its terms set no ID requirement
Betplay's terms have no verification requirement, and the personal data it lists collecting is your email address and usage data.
Source: betplay.io ↗ - 04
The welcome bonus is 250% up to 5,000 USDT
It's spread over the first 3 deposits: 100% up to 1,000 USDT, 50% up to 2,000 USDT, then 100% up to 2,000 USDT.
Source: betplay.io ↗ - 05
Wagering is 60x the deposit, and the bonus comes after
You wager 60× the total deposit amount. The bonus is only paid once that's done, and can then be withdrawn straight away.
Source: betplay.io ↗ - 06
Weekly cashback is 10% from the first VIP level
Cashback on losses is paid automatically every Thursday from VIP Bronze I, up to $20,000 a week. Sportsbook and live dealer bets are excluded.
Source: betplay.io ↗ - 07
Withdrawals are capped at $8,000 a day
You can withdraw up to $8,000 of crypto every 24 hours, plus whatever you deposited the same day. Higher VIP levels can raise the limit.
Source: betplay.io ↗ - 08
Betplay charges no withdrawal fee
You only pay the blockchain network fee, and Betplay suggests Lightning or Liquid to avoid Bitcoin fees.
Source: betplay.io ↗ - 09
Balances are deducted after 6 months of inactivity
After 6 months with no activity the balance is deducted, with 14 days' email notice first and 10 days to appeal.
Source: betplay.io ↗ - 10
The US, UK and Spain are restricted
Its restricted list also includes Austria, Hungary, Japan, Poland, Turkey, Slovakia, Curaçao and several overseas territories.
Source: betplay.io ↗
Hear when Betplay's terms change
When a fact on this page moves, it's in our monthly email with the source, alongside the month's other casino changes. One email a month, unsubscribe any time.