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Cashalot Review

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Mobile
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100% up to €100
New customers only! Get 100% bonus up to €100 on your First Deposit! Full T&Cs apply
Esports Background
Cashalot opened shop in 2021 but has quickly made some name in the betting scene. It has a fast-growing sports betting franchise that decently rivals other players while offering betting in special events, Esports, and virtual sports.

Using a combination of multiple betting options, ample bonus deals, and a well-built mobile app, Cashalot has attracted several players. It has a Curacao license, owned by Indigo Soft NV, enabling it to offer services legally in multiple countries. It has expanded to several countries in Asia, Africa, Europe, and South America.

Our Cashalot review tells you all you need to know about this sportsbook.

Cashalot Account and Website Info

Cashalot offers favourable services, so you can expect to access those services through websites and other digital channels. Its main website allows you to conduct every betting activity, including registering for a new Cashalot bookie account, depositing into the new account, and making live and pregame bets. When you record winnings, you can also request withdrawals from this website.

Layout and Navigation

Navigating the website is easy, but user experience will depend on your device type.

Cashalot Review

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  • At the top bar, you’ll find the main gambling options, Cashalot offers, including sports, casino, TV games, Esports, virtual sports, etc. Clicking any of these will lead you to the full suite of services available under each betting type.
  • Next are the Promotions, where you get the latest updates on bonuses and deals.
  • The top right-hand corner features the sign-up and login buttons.

Legality & Player Security

Cashalot started operations in 2021 but quickly made a name in the betting world, expanding to over 30 countries. It has licenses to operate gambling services from the Curacao Gaming Control Board, which generally allows it to offer its products in several other countries. The laws bind the company to uphold players’ interests at all times.

Cashalot is also investing in player protection. Understanding that players can quickly develop gambling issues that may harm their well-being, the sportsbook has organized a Responsible Gaming programme. Working with NGOs to reduce dangerous betting behaviours like over-gambling, using personal and family resources to make bets, gambling addiction, underage betting, etc.

How to Sign Up with Cashalot

Creating a Cashalot bookmaker account can be quite demanding because they ask you to provide enough information upfront.

You will find the “Register” button at the top right-hand corner. 

  • The first set requires entering your email, desired username and others.
  • You must provide your name, country, currency, phone number, etc. Note that the name you provide must match the information on your government-issued ID, as Cashalot will conduct background checks.

Completing this should open your account, and you can start using it for your betting activities, including placing wagers.

Banking Options

Understanding bettors’ need for seamless transactions, Cashalot has worked on enlisting multiple payment channels and making its banking processes as simple as possible.

Min. deposit €10
Deposit Charge Free of charge
Min. Withdrawal €19
Withdrawal time Up to 2 working days
Payout 92%

Cashalot Deposit Methods

The key feature of Cashalot’s deposit methods is that they are modern, doing away with traditional channels and using newer transaction systems for tech-savvy bettors.

Learn more about using these channels below:

Cashalot Deposit Channels

Cashalot has partnered with several payment companies to facilitate seamless deposits for its customers. But we can categorize them into:

  1. Debit/Credit Cards: Cards powered by Visa, MasterCard, or Maestro are okay for making deposits into your Cashalot sportsbook account.
  2. Wallets: If you have access to services like Ecopayz, Skrill, Neteller, etc., you can use them for your Cashalot deposits. In addition, it is one of the betting sites that accept EcoPayz.
  3. Cryptocurrencies: Cashalot also enables making deposits through Crypto coins, especially the most popular ones.
  4. Buy Now Pay Later: In furtherance of its commitments to enabling payments through credit platforms working on the “Buy Now Pay Later” (BNPL) principle. One of the most popular BNPL companies is Klarna, and Cashalot collects deposits through it.

Cashalot Minimum and Maximum Deposit

The lowest amount you can commit to your Cashalot account is €5 (or equivalent). Nonetheless, some payment processors may require you to commit figures larger than these before processing your deposit transaction.

On the other hand, there is no stated maximum deposit amount, but most payment services have different thresholds of funds they can process.

Cashalot Deposit Fees

Cashalot doesn’t charge any deposit fees, but the selected payment channel will likely take some cut of the deposited funds as a transaction fee.

Withdrawal Methods

Cashalot has invested effort into ensuring that bettors seamlessly retrieve their funds upon request.

Note the following about withdrawals:

Cashalot Withdrawal Channels

The deposit and withdrawal channels are the same: Debit/credit cards, E-wallets, and cryptocurrencies. Cashalot is also one of the best Astropay bookmakers.

Cashalot Minimum and Maximum Withdrawal

The lowest amount you can request when getting your funds out is €10. You can’t withdraw more than €5,000 (or equivalent) daily for maximums. Note that some payment platforms won’t take up to this amount when processing your withdrawals.

Cashalot Withdrawal Fees

Cashalot doesn’t impose fees for processing your withdrawal request, but most payment channels will levy some fees.

Cashalot Bonuses

One of the strong areas of Cashalot is its bonuses, as it offers different classes of attractive offers covering various player categories.

The most common bonus types include:

Cashalot Free Bets

Betting is generally risky, as bettors will likely lose the funds they stake if they make the wrong calls. However, bettors introduce the free bet package to remove this risk, as bettors are guaranteed their funds even if they bet wrongly. Sportsbooks essentially return the amount that they lose on specific games.

Unfortunately, Cashalotbet doesn’t have any free bet deals yet. Nonetheless, the bookmaker has several other offers, mostly reload bonuses.

The most notable is the Special Daily Promotions, where bettors get extra percentages on the funds they deposit on specific days. The package runs through weekdays and ranges from 30% to 75%.

Cashalot Welcome Bonus

Many industry participants know Cashalot bet more for its welcome bonuses targeted at new sign-ups on its platform. There are different packages for sports bettors, most being welcome bonuses.

4.6out of 5
100% up to €100
New customers only! Get 100% bonus up to €100 on your First Deposit! Full T&Cs apply

The remarkable things about these bonus packages are not the quantity of funding they provide but the quality of the attached conditions. Bonuses run for 30 days, giving bettors sufficient time to make bets and meet the conditions. Finally, the deposit figure bettors need to enjoy the deals is low at €5 for both packages.

What to Bet On

Cashalot sportsbook enables getting the best out of betting opportunities in sports and other areas.

Number of Sport Games 28
Number of Sport Events 568
Live Events Daily 493
Live Events Monthly 14790
Pre-match Events per Month 21600

Thus, they have developed their platform to include as many options as possible.

Sports Betting

If you’re searching for one of the most comprehensive sports betting providers, you should seriously consider Cashalot. Cashalot sports provide opportunities that apply to different classes of bettors.

Available Sports

Among the available options at Cashalot Bet are popular sporting types like basketball, tennis, baseball, volleyball, boxing, ice hockey, etc.

However, you also get a sufficient number of sports options that typically don’t attract much betting interest, including greyhounds, darts, snooker, Australian rules, speedway, etc.

All you need is to select your preferred sporting type.

Sports Competitions, Leagues, and Events

Cashalotbet doesn’t merely provide these many sporting options. It ensures that players get the best out of them.

Thus, it ensures it captures most events in each sport worldwide.

Special Events

Bettors globally are increasingly exploring other interests outside sports and are looking to events in politics and entertainment, especially those that involve some form of competition. Several sportsbooks are making it possible for them to bet on these events, and Cashalot is one of them.

The sportsbook is big on election betting, enabling punters to wager on the outcomes of voting in the top elections in several countries.

Esports Games

Punters looking for other betting opportunities outside sports can look at Cashalot Esports betting.

Here, wagerers stake in video game tournaments covering games like CS: GO, Dota 2, League of Legends, Valorant, etc. Our Cashalot reviews reveal that the betting company also offers football and basketball Esports and supports live and pregame betting.

Live Betting with Cashalot

Live betting enables punters to place bets at any time during an ongoing match rather than being restricted to making wagers before games start. While several sportsbooks offer the live betting service, Cashalot takes it a notch higher by making it available across all betting options, including sports, TV games, Esports etc.

Cashalot Live Betting

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All you need to do is click on their desired betting option. Click on the ongoing event on which you wish to place bets. You will see the “Live” button.

Live Streaming

Cashalot bookie adds the live streaming service to enable wagerers to see games as they unfold from its website. However, it is only available for a few highly popular leagues.

Mobile Betting

Cashalot has built its betting platforms to be mobile-friendly based on the understanding that most of its punters bet from their smartphones. The primary channel for Cashalot mobile betting is the website, which is designed for bettors to navigate easily, with accessible icons and a neat interface.

Cashalot App

The sportsbook acknowledges an app’s top-notch functionality and has provided the Cashalot betting app. However, it is only available on Google Play Store for Android devices, but there is no iOS version yet. While bettors can do a lot on the website, the app is just a better platform for betting.

Cashalot Pros & Cons

While there are several reasons to consider betting with Cashalot, there are a few downsides to using the sportsbook:

Pros Cons
  • A Mobile Application

The benefits of mobile betting are numerous, but the most important is that they enhance the wagering experience. Thus, you would expect most sportsbooks to have an app, but that’s not the case. The Cashalot betting app is worth commending.

  • Bonuses and Offers

Another area in which Cashalot towers above several other sportsbooks is how rewarding and valuable its promo offers are. First, they provide sufficient quantity by adding ample percentages to bettors’ bankrolls. A 200% welcome deposit bonus is one of the highest in the industry and is, therefore, remarkable.

Moreover, it is relatively easy to meet the requirements attached to the bonuses. A 35X wagering requirement (on the prize) spread across 30 days is a fantastic deal.

  • Betting Options

Cashalot has provided sufficient options for bettors to spend the bonuses it offers. There are enough sporting types, including highly followed ones, and those typically don’t attract popular interest.

In each sporting type, players have access to events from all corners of the globe, giving them enough betting opportunities.

Then, Cashalot enables election betting, which is rare among sportsbooks.

  • Customer Service

Customer service at Cashalot bookmaker ranks among the best in the industry. The support service is highly responsive and helpful. Then, it is multilingual and available across multiple channels. Most importantly, bettors can access it 24/7.

  • Poor Licensing

A license from Curacao doesn’t rank well in the modern betting industry. Bettors now place a premium on regulated, and therefore expect sportsbooks to register for permits from leading regulatory authorities like the UK Gambling Commission, Malta Gaming Authority, the French Games Regulatory Authority Online, etc.

  • Little Efforts Towards Player Protection

Cashalot isn’t taking sufficient steps towards ensuring that players are protected when betting on its platforms. It didn’t institute policies that prevent bettors from engaging in betting behaviours like over-betting. It is now a standard in the industry to create safeguards.

  • Banking Channels

While Cashalotbet allows some modern payment channels like Klarna, it doesn’t provide banking methods (like wire transfers or ACH). Banks are the most fundamental transaction systems, and they should be included.

  • Low Trust

Probably because of not being licensed by top regulators, several bettors don’t trust Cashalot. For instance, the company has a meagre 2.3 rating on TrustPilot. Bettors also complained about platform inconsistencies on other forums.

Cash Out

The cash out service makes it possible to close a bet before a game is due to end. This way, players can secure profits or minimize losses. Unfortunately, Cashalot doesn’t provide the cash out yet.

Cashalot Odds

Cashalot does a decent job of providing high-quality odds that rival what most other bettors provide. However, you will enjoy the best Cashalot odds with non-sport betting options like election betting.

Other Products

Cashalot is more of an online casino than a sportsbook. Wagers can play pregame and live bets on hundreds of casino games on its website.

Cashalot Casino

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In addition, it has a special type of casino betting option called “TV Games”.

Contacts & Support

The Cashalot bet contact center is available 24/7, and you can access them via:

Support email [email protected]
Support Phone Number No
Live chat Yes

Cashalot Verdict

For a one-year-old betting platform, Cashalot has achieved a great deal. It revolutionizes the betting experience through access to good betting options, ample bonuses, and proper customer service. However, some aspects demand improvement, like the quality of regulation and attention to player protection.

Nonetheless, Cashalot remains a bookmaker worth recommending. You can start enjoying their services.

Open Acc at Cashalot

Frequently Asked Questions

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Sergio E
CEO & Founder

Sergio is our CEO and betting expert. He is a big football fan. Sergio is the guy that runs it all and the one who got the BetZillion idea. Sergio’s favourite sports include football, handball, futsal, American football, and boxing.

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