Loot Casino Guide: How to Play, Wagering and Cash Out

10 de junio de 2016
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Whether you are a first-time visitor or returning to Loot casino, this guide covers the essential features you need to know. From account setup to cashouts, this practical walkthrough explains the platform’s mechanics with concrete examples, including a detailed wagering calculation and common troubleshooting steps. You will also learn how the VIP program rewards loyal players and what to watch for regarding taxes and security.

Before You Start

  • Check your local gambling laws to confirm that online casino play is permitted in your jurisdiction.
  • Verify your internet connection is stable, as disconnects during gameplay can affect your session.
  • Prepare a valid email address and a phone number for account verification (KYC).
  • Choose a payment method that suits your needs: credit cards, e-wallets, or bank transfers.
  • Set a personal deposit limit from the start to keep your spending under control.
  • Read the bonus terms carefully, especially wagering requirements and game contributions.

Account Setup

  1. Go to the homepage and click the «Sign Up» button. Fill in your email, a strong password, and your preferred currency.
  2. Select your country and enter personal details, including your full name and date of birth, exactly as they appear on your ID.
  3. Accept the terms and conditions, then confirm you are of legal age to gamble.
  4. Check your inbox for a verification email and click the link to activate your account.
  5. Complete the KYC process by uploading a government-issued ID, proof of address (such as a utility bill), and possibly a photo of your payment method.
  6. Make your first deposit using the cashier section. Choose a bonus if one is offered, but always read the wagering requirements first.
  7. Once your deposit is credited, you can start playing immediately. Remember that withdrawals are locked until KYC is fully approved.

How Wagering Works

A wagering requirement is the number of times you must bet through your bonus amount before you can withdraw any winnings generated from it. For example, if you receive a €100 bonus with a 35x wagering requirement, you need to place bets totaling €3,500 before cashing out. The formula is: Total wagering = Bonus amount × Wagering multiplier. So, €100 × 35 = €3,500.

Additionally, not all games contribute equally to the wagering requirement. Slots typically count at 100%, while table games like blackjack or roulette may contribute only 10% or even 0%. Here is a simple calculation: Suppose you play a slot game with 100% contribution. A €1 bet reduces your required wager by €1. If you play blackjack, which contributes 10%, a €1 bet reduces the requirement by only €0.10. Therefore, to meet the €3,500 requirement, you would need to wager €3,500 on slots, but €35,000 on blackjack (since the effective contribution is only 10%).

Game Type Contribution % Bet € Effective contribution toward wagering
Slots 100% €1 €1.00
Blackjack 10% €1 €0.10
Roulette 20% €1 €0.20
Video Poker 25% €1 €0.25

Always check the game weight in the bonus terms, because a game with 0% contribution means your bets do not count at all. For instance, if you only play live dealer games, you might never meet the wagering requirement.

Financial Operations

Deposits at loot casino are processed instantly for most methods, including credit cards, e-wallets, and cryptocurrencies. Minimum deposits typically start at €10, but always check the cashier for the exact amount. Withdrawals, on the other hand, take longer. E-wallets usually process within 24 hours, while bank transfers can take 3–5 business days. The casino may have a weekly withdrawal limit, for example €5,000, and a maximum per transaction of €2,000.

Fees are generally not charged by the casino, but your payment provider might impose a currency conversion fee or a transaction charge. For example, if you deposit in USD but your account is in EUR, a 2% conversion fee could apply. That means a €100 deposit would cost you around €102 in your local currency.

Withdrawals are subject to KYC verification. You must provide proof of identity, proof of address, and proof of payment method (for instance, a photo of your card). Failure to complete KYC will delay your payout indefinitely.

Security Overview

The platform uses 128-bit SSL encryption to protect your personal and financial data. This means that any information you send to the server is encrypted, making it unreadable to third parties. Additionally, accounts are protected with two-factor authentication (2FA), which you should enable to add an extra layer of security. When logging in, you will be asked for a code from your authenticator app, which prevents unauthorized access even if someone steals your password.

The casino operates under a Curacao eGaming license. While this allows the casino to operate legally, it is important to note that winnings from Curacao-licensed casinos may be subject to local income tax in your country, unlike winnings from MGA or other local licenses. You are responsible for declaring your winnings to your tax authority.

Important: Never share your login credentials or 2FA codes with anyone. If you suspect a security breach, contact support immediately and change your password.

Common Problems & Fixes

Problem: I cannot log in.

Check that you are using the correct email and password. If you forgot your password, use the «Forgot Password» link to reset it. Also, ensure your account is verified; pending KYC can block login.

Problem: Deposit not credited.

First, wait at least 10 minutes as some payment providers are slow. If nothing appears, check your payment method statement to confirm the transaction went through. Then contact support with the transaction ID.

Problem: Withdrawal is pending for days.

Withdrawals can take up to 72 hours to be reviewed by the finance team. If it takes longer, your KYC may be incomplete. Check the «Verification» section of your account and upload any missing documents.

Problem: Game won’t load.

This is often due to a browser cache issue. Clear your cache, disable VPNs, and update your browser or Flash player. Alternatively, try a different browser or device.

Problem: Bonus not received.

Bonuses require a bonus code or an opt-in. Read the promotion terms. If you used the correct code, contact support and provide the bonus name and date.

Problem: I want to close my account.

Contact support via live chat or email, and follow their self-exclusion procedure. If the issue is gambling-related, they can also signpost you to help organizations.

Need to Know

What is the minimum deposit?

The minimum deposit is typically €10, but it can vary depending on the payment method. Check the cashier for the exact amount.

How long do withdrawals take?

E-wallet withdrawals are processed within 24 hours, but bank transfers can take 3–5 business days. Always have KYC completed to avoid delays.

Can I play on my mobile?

There is no native app on Google Play or the App Store, but the website is fully mobile-optimized. You can also add it to your home screen as a progressive web app (PWA) and launch it directly from the browser.

Are there any deposit fees?

Most deposit methods are free, but some payment providers may charge a currency conversion fee. No fee is imposed by the casino itself.

What is the wagering requirement for bonuses?

The wagering requirement is typically 35x the bonus amount. This is a standard figure, but read the bonus terms as it can vary.

Is the casino licensed?

Yes, it operates under a Curacao eGaming license. This means that winnings may be subject to local taxes in your jurisdiction.

How does the self-exclusion work?

You can self-exclude by contacting support. They will lock your account for a chosen period. Self-exclusion is irreversible until the period ends, so consider this carefully.

Extra Tips

Loyal players are rewarded through a VIP program with tiers that offer increasing benefits. Typically, you earn 1 VIP point for every €10 wagered. Once you accumulate, say, 500 points, you reach the next tier, unlocking perks like a personal account manager, faster withdrawals, and exclusive bonuses. For example, at the highest tier, withdrawal limits double, and you may receive a monthly cashback of up to 10% on your net losses. The exact tiers and point values are not publicly disclosed but usually follow the pattern of Bronze, Silver, Gold, and Platinum. Regular participation in tournaments also contributes to your loyalty status.

Note: Always verify the VIP terms in your account’s «Loyalty» section, as the casino can adjust the program at any time.

Closing: Mastering the basics of account management, wagering calculations, and security will ease your experience at this online casino. Remember to always gamble responsibly, and you will be set for a smooth and enjoyable time.