CobraBet Review

4.6
Bonuses
Payment options
Support
Betting variety
Odds
Live betting
Website
Mobile
100% up to €100 Free bets + 50 Free Spins
New customers only!. Get 100% bonus up to €100 in free bet on your First Deposit! Full T&Cs apply.
Jimmy E
CobraBet came online in 2020 and quickly drew the attention of bettors in supported countries. From our findings, this is primarily due to the massive reputation of the operator, Dama N.V. In this CobraBet review, we look beyond the name behind the sportsbook to determine its reliability.

The bookie is regulated by the Government of Curacao. That’s one of the most reputable jurisdictions in the betting industry. Away from that, CobraBet offers close to 60 sports categories and hundreds of markets.

At BetZillion, our mantra is that quality is more important than quantity when picking a bookmaker. So, while CobraBet is impressive on the surface, this review goes further to check other criteria. Specifically, we analyzed the odds, bonuses, payment processes, and customer support, among others. Rest assured that you’ll learn everything about the platform on this page.

CobraBet Website & Account Info

The CobraBet bookie was launched in 2020. It is owned and operated by Dama NV, a popular casino and sportsbook platform. The government of Curacao licenses the betting site, so there should be no worries about its legal aspect.

Registration at CobraBet takes only a few minutes of your time. It’s easy to complete the sign-up from any device, including mobile devices running on Android and iOS. The sign-up process is straightforward, and the website will highlight any details if you missed them. Once your profile is completed, you can proceed to verify your account or start betting right away – it’s your choice

Layout and Usability

CobraBet’s layout and design mimic most of the available sportsbooks on the market. The layout is traditional – the list of sports is to the left, and you can easily get to all markets by choosing the sport you like to bet on. If you read any CobraBet reviews on the web, you’ll see its spotless reputation regarding its layout and design.

The dark theme with red aspects may not be suitable for all punters, but we like it. It’s easy to get a hold of the site regardless of your betting device.

Legality & Player Security

As mentioned earlier, CobraBet is licensed by the Curacao government. It’s a 100% legit site to bet on and protects your data with 256-bit SSL security. Any information you enter on the website is safely transferred over secure servers, so you don’t need to think twice before you join it.

How to Sign Up with CobraBet?

Signing up for CobraBet’s services only takes a couple of minutes.

  1. Head to sports.cobracasino.com
  2. Look into the top right corner and click on Sign Up
  3. Follow the instructions and enter the required details
  4. Once you’re done, verify your profile via the email confirmation link
  5. Congrats – you’re now eligible to bet at the CobraBet bookmaker and all of its promotions

It would be best to verify your account immediately by sending the required documents. It’ll save you a lot of time when you try and withdraw any winnings later.

CobraBet Quick Facts

📅 Year Established 2020
🤑 Welcome bonus 100% up to €100 in free bet
📱 Mobile application
💵 Minimum Bet €0.10
🔝 Maximum Profit Unlimited
↩️ Payout Percentage 96%
🖱️ Live (In-Play Mode)
📺 Live streaming
💸 Cash Out
🎰 Other Products Casino

Banking Methods

You can fund your account at the CobraBet sportsbook through various payment methods.

Min. deposit €10
Deposit Charge Free of charge
Min. Withdrawal €20
Withdrawal time Up to 7 working days
Payout 96%

It only partners with trusted payment methods, including credit and debit cards, prepaid vouchers, and E-wallets. Thus, currently, there are many bookies that accept Neosurf, and Cobra Bet is not an exception.

Deposit Options

Here’s a preview of the available deposit methods in CobraBet:

  • Visa
  • MasterCard
  • Maestro
  • Neteller
  • Skrill
  • ecoPayz
  • Sticpay
  • iDebit
  • Neosurf
  • Paysafecard
  • Venus Point
  • Siru
  • Interac
  • Bitcoin
  • Bitcoin Cash

As you can see, Cobra Casino Bet offers plenty of available fiat money and cryptocurrency payment methods.

The minimum is set to $10 or the cryptocurrency equivalent. Deposits are free of charge and instant, so you’ll have your money ready in a jiffy.

Withdrawal Options

Withdrawing winnings from the CobraBet bookie is easy. Everything is handled from the Payments page, with nearly all withdrawal options (sans prepaid vouchers). The minimum is set to $20, while the maximum is $500 for most methods, which is a bit low. Withdrawals are free of charge and processed instantly after approval for most options.

If you withdraw on Visa or other credit/debit cards, the processing time is 3-5 days. Betting with Skrill is also possible with CobraBet.

CobraBet Bonuses

New punters at CobraBet sports are in luck. There’s a great welcome bonus awaiting them paired with more than a few free bets to follow.

You don’t need to use a CobraBet bonus code for this one. Let’s take a look at the details below.

CobraBet Free Bets

CobraBet does not offer free bets options for punters currently.

CobraBet Welcome Bonus

The CobraBet sign up bonus is a new player offer that hands out up to €100 in free bets. To get it, you’ll need to bet from $10 on outcomes with odds of 1.3 or higher.

4.6
100% up to €100 Free bets + 50 Free Spins
New customers only!. Get 100% bonus up to €100 in free bet on your First Deposit! Full T&Cs apply.

The bets must be placed in a row. Once that’s all done, you will receive the following:

  • Only Win-free bets after 4, 7, 10, 15, 20, 25, 30, and 35 bets
  • No Risk-free bets after 45 bets
  • All Win-free bets after 50 bets
  • The free bets are available for single and combined bets with event odds from 1.01 to 2.00

The bonus is valid on all events 7 days after the receipt.

What to Bet On

The variety of sports available in Cobra Bet is astounding. Whether you’re a football fan, a tennis bettor, or a player who loves basketball spreads, it’s got it all.

Number of Sport Games 29
Number of Sport Events 369
Live Events Daily 196
Live Events Monthly 5880
Pre-match Events per Month 13600

It’s one of the best Esports betting sites on the market, allowing you to put your money into a wide range of Esports markets. Below you’ll see the most popular markets among CobraBet’s clients.

Sports Betting

Take a look at the menu on the left, and you’ll get a clear idea of what to expect. The top sports are listed first, and those are our recommendations. Among them are football, basketball, tennis, horse racing, motorsports, American football, ice hockey, handball, etc. Of course, you can go to the other sports section at the Cobra Casino sportsbook and bet on darts, rugby, ski jumping, or whatever else you fancy.

We’re talking about fixed odds and live betting markets with great variety. The number of available markets is listed right next to the sports. For football, you can expect over 1,000 at any time. You can also place bets on handicaps, point spreads, outrights, and numerous other markets.

Available Sports

There are plenty of sports available to bet on.

Sports Competitions, Leagues, and Events

A punter can also bet on various sports tournaments, competitions and events.

Esports Betting

CobraBet covers a wide range of Esports betting markets too. It has all the CS: GO, DOTA 2, LoL, and fighting games majors, as well as a range of minor international events.

The odds are also solid – during our CobraBet review, we found more than one bet of great value. If you’re into Esports betting, you’ll love what it offers.

Live Betting with CobraBet

Live or in-play betting is a real hit with online sports bettors. CobraBet covers a lot of ground, giving you access to various markets. Of course, you’ll need to act fast, and a live stats page will help determine what happens next.

The odds are solid, although not industry-leading. Still, there are many bets of value, so we’re sure you won’t mind.

Live Streaming

CobraBet currently does not provide live streaming options. Stay tuned for further updates.

Mobile Betting

The web-based app works fine and is available on every mobile device with a stable Internet connection. You don’t need to download anything or install a third-party app. Just log in with your credentials from a mobile browser at the website, and you’re ready to bet.

Keep an eye on special CobraBet no-deposit bonus codes, which might be given out to mobile users from time to time.

CobraBet Betting App

There’s no dedicated mobile app for Android and iOS users in Cobra Bet.

CobraBet Pros & Cons

CobraBet has it all. Its pros far outweigh the cons, from great markets and solid odds to exciting bonuses and promotions.

PROS CONS
PROS
  • Curacao license
  • Great welcome bonus
  • Plenty of free bets to follow
  • Accepts cryptocurrencies
  • The great live betting platform
  • Supports high roller sports betting
CONS
  • The odds are not industry-leading

Cash Out

Currently CobraBet does not offer cash-out options. Stay tuned for further updates.

CobraBet Odds

The CobraBet odds are relatively solid but don’t expect William Hill’s racing odds at the betting site.

Sports Historical Odds
⚽ Football 94.72 %
🏀 Basketball 92.19 %
🎾 Tennis 92.79 %
🏏 Cricket 93.15 %
👍 Overall 93.82 %

Still, you’ll find many great Esports betting odds and football markets with a competitive edge that makes it a bookie you don’t want to miss.

Other Products

Aside from the CobraBet sportsbook, the site also boasts a casino and live casino.

The biggest game studios power them, so expect some of the latest and most excellent slots and casino games.

Contacts & Support

The CobraBet support team is always online if you need help with something at the website.

Support email contact@cobracasino.com
Support Phone Number No
Live chat Yes

You can get in touch using the contact form on the website or by accessing the live chat support, which is the more responsive option.

CobraBet Verdict

Our BetZillion gamble experts think that CobraBet is an excellent, relatively new bookie that will improve as time progresses. It has a wide range of markets, competitive odds, fantastic bonuses, and a super easygoing interface. With cryptocurrencies accepted, it becomes an unbeatable bookie that will surely get even more impressive in the following years.

Open Acc at CobraBet

Frequently Asked Questions

  • Is CobraBet legit?
    Yes, it is. It’s a trusted betting site with a Curacao license, where you shouldn’t worry about any illegal betting.
  • What sports does CobraBet offer?
    CobraBet’s sportsbook has all the sports you can think of and then some. You can bet on football, basketball, tennis, ice hockey, horse racing, and Esports.
  • Is CobraBet a trusted Betting site?
    Of course! CobraBet has built a stellar reputation on the market and is a trusted betting site thanks to the Curacao license.
  • Are CobraBet’s odds good?
    CobraBet’s odds are pretty solid but not the best in the business. But if you dig deep, we’re sure you’ll come across some diamonds.
  • Is CobraBet licensed to operate?
    Yes, it is. CobraBet is operated by Dama NV, a company incorporated under the laws of the Curacao government.
  • Can I claim a CobraBet bonus offer?
    The CobraBet welcome bonus is up to $100 in free bets when you join and bet on events with odds over 1.30. You don’t need a CobraBet promo code for this offer or the others.
  • Still have questions?
    Ask our experts

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Jimmy E
Author
Writer & Tipster

Jimmy is our on-duty tipster and writer. His favorite sports are cricket, tennis, and basketball. If you’re looking for the best betting tips in the business, Jimmy’s your guy. His tips and events previews are among the most read at BetZillion.

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