VeloBet Terms Safety Score and Changes
Complete timeline of all detected terms & conditions changes.
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Argus Terms Safety Score
How safe are VeloBet's terms?
VeloBet's Terms Safety Score is 5.5 out of 10 (Below average), based on its terms as of 1 Sep 2026.
- Meets standard
- 1
- Restrictive
- 2
- Seriously unfair
- 3
Also: 2 not yet checked.
What would raise this score
The smallest change to each check that would meet the standard.
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Withdrawal limitsSeriously unfair
Remove the maximum win limit on single bets or spins so that real-money play has no payout caps.
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FeesSeriously unfair
Charge dormancy fees only after at least 12 months of inactivity, capped at €5 per month with 30 days' advance notice.
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Withdrawal conditionsRestrictive
Reduce the required deposit playthrough before fee-free withdrawal to 1x.
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ConfiscationSeriously unfair
Return deposited funds and remaining balances when closing accounts of players from restricted jurisdictions.
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Changes & discretionRestrictive
Notify every player by email before any change takes effect, and do not apply changes to bonuses that are already active.
The eight checks
Where a check rests on a clause, you can read it and open the record it came from.
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Bonus wagering
Not yet checked
The bonus terms have not been checked yet.
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Bonus restrictions
Not yet checked
The bonus terms have not been checked yet.
-
Bonus cashout
Meets standard
Winnings from deposit/welcome bonuses are capped at 10x the deposit amount.
Note: No-deposit bonuses and Free Spins are capped at 100 EUR/USD. Cashback bonuses and Free Money are capped at 5 times the amount received. Free Bet winnings (sportsbook) are capped at 15 times the Free Bet. The mixed-balance rule that limits a later deposit to 100 USD plus the deposit is banded under Withdrawal limits and Confiscation.
From General Terms and Conditions (captured 1 Sep 2026 UTC)
Read the clause: Bonus cashout
Deposit/Welcome Bonus is a bonus amount that requires making a deposit to receive it. Each of these bonuses has wagering requirements, and the maximum amount that can be withdrawn from winnings generated by a deposit-required bonus is limited to ten (10) times the deposit that activated the bonus.
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Withdrawal limits
Seriously unfair
Real-money winnings are capped at €100,000 per single bet or spin.
Note: The standard limit is 7,500 €/$ per week and 15,000 €/$ per month (weekly 7,500 x 4.33 = 32,475, so the binding monthly figure is 15,000). Wins above €15,000 may be paid in monthly instalments of €15,000. VIP limits may be adjusted at the Company’s sole discretion.
From General Terms and Conditions (captured 1 Sep 2026 UTC)
Read the clause: Withdrawal limits
The maximum amount that We shall be obliged to pay to You in respect of any single bet or spin, including any single bonus round or free spin, shall be limited to and in no event shall exceed the amount of crypto currency equivalent to 100 000 (one hundred thousand) EUR (the “Maximum Win Limit”).
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Fees
Seriously unfair
After 60 days without a login the casino reserves the right to charge a monthly fee of 20% of the dormant balance.
From General Terms and Conditions (captured 1 Sep 2026 UTC)
Read the clause: Fees
An inactive (dormant) account is a Player Account which a player has not logged into or out of for 60 (Sixty) consecutive days . If your Player Account is deemed inactive, the Company reserves the right to charge a monthly administrative fee in the amount of 20% of the account balance as recorded on the date inactivity was determined (the “Initial Dormant Balance”).
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Withdrawal conditions
Restrictive
Deposits must be wagered 3x to avoid potential processing fees upon withdrawal.
From General Terms and Conditions (captured 1 Sep 2026 UTC)
Read the clause: Withdrawal conditions
Please note that if You requested a withdrawal, but the sum of bets made since last deposit is less than three (3) times the size of that deposit, We reserve the right to charge You the costs of transaction processing for deposit and withdrawals.
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Confiscation
Seriously unfair
The casino retains the remaining account balance when closing accounts of players from restricted regions.
From General Terms and Conditions (captured 1 Sep 2026 UTC)
Read the clause: Confiscation
Additionally, please note that any accounts belonging to users from the Russian Federation and Belarus will be closed immediately upon identification, with the remaining balance being retained by the Company.
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Changes & discretion
Restrictive
Terms may be changed when the need occurs, the casino only promises its best efforts to email notice of significant changes and asks players to check the page regularly.
From General Terms and Conditions (captured 1 Sep 2026 UTC)
Read the clause: Changes & discretion
However, we do recommend all Players to revisit this page regularly and check for possible changes.
Reviewed by
- Terms as of
- 1 Sep 2026 UTC
- Last verified
- 26 Oct 2026 UTC
An editor reads each clause against our published standard and confirms every check before it counts.
How we score →We may earn a commission when you sign up through our links. It never changes this score, which only reads the casino's terms.
VeloBet terms changes
On 1 September 2026 VeloBet inserted a new Clause 8, Dormant Accounts, into general terms that previously had no dormancy rule at all. An account not logged into or out of for 60 consecutive days is deemed inactive, and the company reserves the right to charge a monthly administrative fee of 20% of the balance recorded on the day inactivity was determined, debited at the start of every following month until the balance reaches zero or the player logs in. Because the fee is fixed at a fifth of the starting balance rather than the shrinking one, five deductions empty the account. Where the remaining balance is below the equivalent of 10 in any currency, the company reserves the right to take 100% of it as a final fee.
VeloBet's general terms (version 07/03/2025) apply a 20% deduction in four separate places: withdrawals requested before the deposit has been wagered once (Clause 12), deposits refunded when an account is terminated (Clause 12), deposits settled after a shared payment account is detected (Clause 12, and the deposits are seized outright if valid details are not supplied within 7 days), and deposits refunded to players identified as Georgian (Clause 3). Bonus winnings are capped at 10x the deposit and any single spin or bet pays at most €100,000. With withdrawals stopped at €7,500 a week and €15,000 a month, the largest win the terms allow would arrive in seven monthly instalments.
VeloBet's refund policy gives players five (5) days to produce certified identification on request. If it isn't supplied in that window, the policy states all user funds are cancelled and the account closed — a decision it explicitly says is not subject to appeal. VeloBet's own KYC policy never uses the word "certified": it asks only for a copy of an ID or passport and a recent proof of residence, through an automated process. Refunds carry further cost: VeloBet may apply a 20% administrative fee plus any accrued processing fees, at the company's sole discretion. Refund requests must themselves be made within 14 days of the transaction, or 30 days where a player alleges someone else accessed their account.