OlympusBet Casino Review (July 2024)

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How to deposit

• Access your newly created account.
• Hit the yellow deposit button.
• Select the payment method of your choice.
• Write your banking details.
• Hit deposit.
• The money should appear in your account in a few minutes.

In total, there are 14 available payment options at Olympusbet Casino, including credit cards, e-wallets, prepaid cards and cryptocurrency. The lowest deposit amount is €10. This applies to all the available payment methods. There are no fees associated with deposits from the operator’s site. But, your payment method can impose different costs for gambling.

52 fiat currencies are available when you create your account.

There is a lack of transparency regarding the deposit policy since very little info is mentioned regarding the limits, especially the maximum ones. More so, the only payments-related info is hard to find, considering the chapter in terms and conditions that talks about them is misleadingly named General Rules and Specific Event Rules.

Keep in mind that you cannot use banking methods that are not in your name to deposit. If the operator notices this kind of activity they will freeze your account and try to contact the rightful owner of that payment method. This is considered fraud and in some cases, they can even contact the local authorities from your region. After everything is resolved your account will likely get banned from the platform.

How to Withdraw

• Login into your account.
• Go to the My Account section.
• Click on Withdraw.
• Select your payment method, preferably the one you used for depositing.
• Choose the amount you want to cash out.
• Write down your details.
• Hit Withdraw.

15 cashout methods are available to Irish players which include cryptocurrency, cards, prepaid cards and e-wallets. The minimum cashout is limited to €10 the maximum is set every week at €5000.

If you request multiple withdrawals during 30 days, the operator will apply an 8% fee for every cashout request. However, there is a lack of transparency considering there is no mention of what multiple means. Thus, it is safe to assume that you can request only one withdrawal per month that has no fees attached to it.

You also have to wager all deposits 5 times before requesting a payout. If you do not do that and still request a cashout, the casino will either cancel the request or apply the 8% fee. This is solely up to the operator’s decision. The 5x rollover is very high compared to other platforms that have 1x wagering or none at all for their deposits.

Keep in mind that whenever you request a cashout an identity verification process will trigger where you must submit documents. For this reason, you may have to do multiple identity and payment method Know Your Customer procedures whenever you want to request a payout.

Deposit & Withdrawal Verdict

When it comes to payment this platform has a lot of problems. There is a serious lack of transparency regarding deposits since no info is stated. More so, the payment policy is placed in a very misleading place in the terms and conditions, specifically in the General Rules and Specific Event Rules section.

Many rules regarding payout imply many restrictions for players. Firstly, the maximum monthly cashout is limited to only €20000. Another thing to mention is that you cannot acquire in a day more than € 100,000 in winnings, everything over this value is nullified.

Secondly, there is an 8% fee out of the total withdrawal sum if you request more than one cashout in any given month. Lastly, you must wager all deposits 5 times, which is very high compared to other platforms, otherwise, your cashout is denied or it comes with the 8% fee, whatever the operator decides.