Coldbet Review

Coldbet at a Glance

Name: Coldbet

URL: https://coldbet.com/

Established Year: 2023

Licence: Curaçao (International)

Headquarters: Curaçao (International office; intends to promote in international markets such as South Asia and Kenya)

Sportsbook (30+ sports), Esports betting, Fast-paced games (Crash games, Mines, Plinko) and Casino (Slots, Live Dealer Blackjack, Roulette, Baccarat)

Payment Options: Cryptocurrency (28 coins supported: Bitcoin, Ethereum, TRON, Dogecoin, Tether/USDT, USD Coin/USDC, XRP, Litecoin, Binance Coin, and Cosmos Atom)

Customer Support at Mostbet

Coldbet offers customer service support on multiple social media and instant messenger apps, so you can reach out on the apps you are familiar with. You can message the support team on Telegram (instant messaging app), contact them through Instagram and Facebook direct messages (social media-based messaging apps) or follow them on X (real-time notifications and to get help with services). The site also has a mobile-friendly version that maintains the availability of these buttons, so you can quickly get help while using your phone for betting.

Official Customer Support Links:

Telegram: https://t.me/+MrFmmV9gOjJiMDI6

Instagram: https://www.instagram.com/coldbet.casino/

Facebook: https://www.facebook.com/coldbet.casino

X (Twitter): https://x.com/Coldbet_casino

How to Register and Login to Coldbet

1. Go to the Coldbet website and choose the orange “Registration” button at the top right of the home page.
2. Select either the “By Phone” or “By E-mail” or “Social Networks” for more details.
3. Enter your phone number or email address, along with a password.
4. Press “Send SMS” to receive a special one-time code and enter it into the appropriate field to complete the verification process.
5. Choose the Sports or Casino welcome bonus from the list and click the last “Register” button.

Login Process

1. Click the “Log In” button at the top of the page, next to the “Register” link.
2. Use your phone number, email address or ID number and your password.
3. Click “Log In” to access your dashboard where you can start managing your money or making bets.

How to bet with Coldbet

To bet, you navigate the sportsbook categories, like Football, Basketball or Esports. You select either the “Line” for upcoming events or “Live” for ongoing games. Click on the odds for your chosen outcome, and this will be added to the bet slip. On the bet slip, you specify the stake, confirm the payout and click the place bet button to place your bet.

There are various types of bets available with Mostbet. A Single Bet is a bet on a single outcome. An Accumulator (Multi-bet) involves multiple selections on one ticket – all selections must be correct for the bet to win, but the potential payout is greater. They also have System Bets, which combine bets where you can win from losing some selections. Additionally, you can bet on specific markets such as over/under, handicaps and prop bets on individual players.

Deposit Methods

In Kenya, Coldbet only supports Cryptocurrency for depositing funds, with a choice of 28 cryptocurrencies. Popular choices, such as Bitcoin (BTC), Ethereum (ETH), TRON (TRX) and Dogecoin (DOGE), can be used to fund your account instantly. It also offers robust support for stablecoins, such as Tether (USDT) on the Tron, Ethereum, and BSC networks, as well as USD Coin (USDC). Additional coins include XRP, Litecoin, Binance Coin and Cosmos Atom, offering diverse blockchain options for instant funding.

Withdrawal Methods

Withdrawals are made via the same Cryptocurrency networks as deposits, ensuring an entirely digital process. Direct withdrawals to cryptocurrency wallets such as Bitcoin, Litecoin or Tether offer the quickest way to cash out, with transactions settled within 24 hours. 

How to withdraw

To make withdrawals on coldbet, you can go to your profile and withdrawals section and choose your preferred digital currency such as Bitcoin, Ethereum, or Tether, then provide your wallet address to receive your funds and the amount you want to withdraw. The withdrawal system integrates with decentralised networks to make sure your profits go directly to your cryptocurrency wallet, bypassing the banking system.

Withdrawal limits

This varies according to the cryptocurrency and ranges from Kes 125 to kes 500,000

Coldbet Operations in Kenya 

With the increased regulation from the Betting Control and Licensing Board, Coldbet is finding a niche with tech-savvy bettors in Kenya. While competitors are concentrating on jackpots, this company is carving out its niche with a top-notch digital interface that resonates with the younger punters. 

Coldbet has a global outlook, with an international license from Curaçao. This enables them to provide market coverage that local sites may not. 

Sports Betting Options

The main focus of the site is its sportsbook, which features more than 30 sports with the user interface offering a data heavy environment. The platform provides hundreds of markets for major football games such as the Premier League or the Champions League – including handicaps and player props. The live betting section is complemented by live statistical panels and match trackers to help with in-play betting.

Casino, JetX and also Aviator game

The next major section of the website is the fast-paced gaming section which is based on instant games. This includes crash games such as popular titles with multipliers that end, and other arcade games such as mines and plinko. These are mobile-friendly and fast-paced.

And it has a large casino portfolio that straddles the virtual and physical worlds. Players can choose from a range of video slots or step into the live dealer area to play real-time blackjack, roulette and baccarat with human dealers in live high-definition streams.

Welcome Bonus

Their casino welcome package involves getting 150 free spins when you register. These have no wagering requirement. These free spins are only applicable to four games of the casino’s choosing.

Other Promotions at Coldbet

COLDBACK (Weekly Rebate)

Coldbet provides a great sense of security with their weekly “COLDBACK” program, which gives active sports bettors a 0.3% rebate of their sports handle. It is a refreshing “no-fuss” type of offer in that the rebate is automatically credited every Tuesday for the preceding week, and can be as much as 151,330 KES. Although you are required to fill in your profile, the 1.50 minimum odds wager is a fair requirement for a cash rebate. It effectively makes every eligible bet a chance to accumulate a free week’s bonus, even if the bets themselves don’t pay out.

Acca Boost +50%

If you’re a fan of parlays, the Acca Boost has a big hook to encourage you to add more legs to your slip. The incremental increases make sense, with the boost starting at 5% for four legs, and reaching a 50% boost for 14 or more legs. I like that the higher your number of legs, the lower the odds requirement for each of your selections, so you can qualify for the higher boosts. It’s a wonderful way to get the most out of high risk bets, if you are an active gambler who bets every day.

100% Refund (Acca Insurance)

The 100% Refund promotion can be likened to the insurance policy of the football punter and the multi-bet fan who has ever been “let down by one”. Instead of losing your stake, Coldbet will refund it in full if you bet an accumulator with seven or more selections and only one leg fails to hit. All legs must be at 1.7 or higher, which is a typical requirement of this offering. This greatly reduces the disappointment of a “near miss”, allowing you to play again without having to deposit more money.

Mobile Betting Options

Coldbet offers a mobile platform for Android and iOS users, enabling easy access to their sportsbook and casino. The official Coldbet APK is available for Android users from the Coldbet website, while iOS users can download the app from the iTunes store, or set the web shortcut as an application on the home screen.

Summary of coldbet

Coldbet is a mobile-first sports betting and gambling website that offers a modern and efficient betting environment for its users. It stands out in the market for its extensive range of betting markets in popular sports such as soccer, basketball, and tennis, and its support for cryptocurrency payments for quicker and more private betting. It’s appreciated for its clean, dark, and straightforward design, which focuses on user-friendliness, and is suited to bettors who prefer a simple, uncluttered interface. But like other niche betting platforms, it may not be available in all jurisdictions, and it’s recommended that users check its licensing in their country before making deposits.

FAQs

As a bettor in Kenya, how do I make deposits and withdrawals?

Coldbet in Kenya only supports deposits and withdrawals in the form of Cryptocurrency. We support 28 coins including the major currencies, such as Bitcoin (BTC), Ethereum (ETH), TRON (TRX), and Dogecoin (DOGE), stablecoins such as Tether (USDT) and so on. Funds are deposited instantly and withdrawals take around 24 hours to your digital wallet. The minimum withdrawal is around 125 KES.

What are the bonuses or promotions at Coldbet?

A 0.3% rebate on every Tuesday on the total sports handle for active bettors (up to 151,330 KES). Multi-bet bonuses ranging from 5% for bets with four legs, to 50% for bets with 14 or more legs.

Does Coldbet have a license?

Coldbet is an international betting site, licensed by Curacao and offers a wide market coverage of over 30 sports and professional esports.