Winz.io Casino Review

My Review of Winz Casino

As you can tell from this review, I have a good opinion of Winz Casino based on the facts and player experiences I gathered.

This casino pays and pays fast, which is always the most important thing and has very lenient bonus conditions.

There are eleven live dealer game providers to access all the top live games and 25 payment methods.

Winz.io has a Curaçao license, which isn’t a problem as the casino has proven itself regarding player complaint resolution.

Winz.io Welcome Bonuses for Live Dealer Players

Winz.io offers a very good selection of bonuses, one targeted specifically at live dealer and table game players, while everyone will love the Wheel of Winz cash bonus.

Wheel of Winz: Use the bonus code WOW on your first deposit, spin the Wheel of Winz and win up to $5,000. With a deposit of $20 or 0.0008 BTC you can win up to $1,000, with a $50 or 0.002 BTC deposit you can win up to $2,000, and with a $100 / 0.004 BTC deposit or more you can win up to $5,000.

The winnings are paid in cash, and there are zero wagering requirements!

The list of rewards that can be won in Gold Wheel of Winz: 100 free spins (FS), 200 FS, 400 FS, 600 FS, 800 FS, $40, $100, $200, $400, $5,000. Free spins are granted in the game Winz to the Moon by BGaming. You can play Wheel of Winz up to three times per week as a reload bonus, but a $200 deposit is required for the Gold spin.

Live Casino 10% Daily Cashback: Join Winz.io Casino and make one of your first three deposits with the minimum amount of $20 or 0.0008 BTC using LIVE bonus code and get a 10% daily cashback for 14 days.

Cashback is paid daily. To be eligible for the 10% daily cashback, players are required to make deposits with the minimum amount of 20 USD (20 EUR, 30 AUD, 1800 RUB, 200 NOK, 28 CAD, 32 NZD, 3000 JPY, 100 BRL, 1800 INR, 400 ZAR, 10000 KZT, 0.0008 BTC, 0.1 BCH, 0.012 ETH, 0.3 LTC, 320 DOG, 20 USDT, 40 XRP, 0.1 BNB, 80 ADA, 260 TRX, 20 USDC) every day during the 14 days.

Winz.io VIP Club: Deposit at least $2,500 with the code VIP and receive a 20% unlimited cashback next two Mondays. VIP Club also offers tailored bonuses and promotions, no wagering bonuses, higher bet limits, faster payouts and dedicated customer support.

Other bonuses don’t apply to live dealer players, and the ones listed here are always prone to change, so visit the Winz.io website to see the current lineup of bonuses.

Winz.io No Deposit Bonus

While Winz.io doesn’t offer a no-deposit bonus as such, there is something similar, as explained above.

With a small deposit between $20 and $100, you can get an even better thing – a bonus without wagering requirements.

If you win $5,000 on the bonus wheel, you can withdraw it.

Live Dealer Providers and Games

Winz.io has an enormous selection of live dealer games by eleven different providers and is one of those casinos where you can play Evolution and Playtech games in the same place.

The casino claims to feature 419 Evolution games: 168 by Pragmatic Play Live, 109 by Playtech, 65 by Ezugi, 12 by Winfinity, ten by Tvbet, four by Skywind, three by LuckyStreak, three by Wifinity, six by Vivo Gaming and three by Authentic Gaming.

Some of these ‘games’ are links to a Lobby, and many Evolution games are Blackjack tables, as 67 of them are listed separately.

Since Winz.io is catering to the worldwide audience, you’ll see a lot of localized games here, such as Mega Fire Blaze Lucky Ball Brasileiro, Korean Speed Baccarat, Blackjack Italiano, Greek Quantum Roulette, Hindi Roulette, Ruletka Russia and so on. There’s a ton of these.

You’ll get to play the usual fan favourites, such as Red Roor Roulette, Monopoly Big Baller, Adventures Beyond Wonderland, Sweet Bonanza Candyland, and Crazy Time. Some gems, such as Playtech’s Live No Commission Baccarat or Winfinity’s Venice Roulette and Blackjack, and the entire Ezugi section, notably Blackjack, allow Double Down After Split, a rare and favourable rule. Several roulette tables with the La Partage rule reduce the house edge to 1.35%.

I must say that I am impressed by the navigation menu. It’s never been easier to find your favourite game and to look at an entire group of games, say, Baccarat or Game Shows, and see if there are any new releases and the most popular games. This is the way to organize 800+ games.

If you’re allowed to play at Winz.io – refer to the Restricted Territories list – I can recommend checking out the Live Casino lobby to see how stunning it looks and how many games it features.

Other Games

If you ever want to take a break from live dealer games and try some slots, at Winz.io, you’ll find 1,073 slots by 22 different developers.

The leading providers here are Red Tiger Gaming, Games Global (a new provider that includes Microgaming games), Amusnet, Playtech and Wazdan. There are only 33 NetEnt slots and 31 Betsoft slots.

There are also 40 Crash games, table games, and a special section where you can play slots with the Bonus Buy feature. Winz.io also has an underappreciated sportsbook with live betting and a good welcome offer released in late 2022.

Deposits and Withdrawals – Methods, Fees, Limits, Speed

Winz.io operates with a zero-fee policy, meaning that no deposit or withdrawal will have any associated fees.

When you’re making a crypto deposit, you’ll pay the fee on your end, and when you request a crypto withdrawal, Winz.io will pay the fee.

There are 11 cryptocurrencies supported: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dogecoin, Tether, Ripple, Tron, Binance, Cardano and USD Coin.

The usual minimum deposit is a 20 USD equivalent, though you can deposit 1 DOGE, for example. There is no maximum limit.

Withdrawals are available to all 11 cryptocurrencies, with a limit of 1 BTC, 10 ETH or 10,000 Tether per transaction.

One of the standout features of Winz.io Casino is its high withdrawal limits. Players can withdraw up to $100,000 weekly and up to $400,000 monthly. This is significantly higher than many other online casinos, making Winz.io an excellent choice for high rollers.

There are 15 fiat deposit and withdrawal methods that include cards and e-wallets.

Interestingly, you can withdraw to a virtual credit card. The usual deposit and withdrawal limits for fiat methods are around 20 EUR minimum and 4,000 EUR maximum.

According to the AML rules, every fiat deposit should be wagered 3x times, and every crypto deposit should be wagered 1x times before the money becomes available for withdrawal. This is standard practice to prevent the usage of Winz.io for money laundering.

Almost all the payment methods are listed as instant, and in practice, this has proven to be the case. If you don’t have to pass a KYC check, you can expect to get your withdrawal within six hours, perhaps within an hour if lucky.

If the withdrawal comes after you played through a bonus, it might be delayed as Winz Casino might carry out additional checks to ensure you haven’t breached any of the terms and conditions. Fiat withdrawals are inherently slower than crypto withdrawals, too.

If there’s no bonus active and you’re withdrawing in crypto, there’s a good chance the withdrawal will be processed instantly.

Withdrawal Rules & Fine Print Regarding Bonuses

All casinos usually promise fast payouts, provide a transparent fee schedule and list guidelines for withdrawal times.

In practice, things often turn out to be very different as there are things like 24-hour mandatory payment delays, minimum withdrawal amounts, and many other things that complicate life for the player.

Usually, there is also a lot of fine print regarding bonus rules, such as max cashout.

At Winz.io, I’ve found none of the above applies. This casino doesn’t enforce a max cashout, which means that whatever you win with your bonus, you get to keep, and there’s no safety cutoff that many other casinos use to protect themselves. If you win a million, you’ll get paid a million.

Withdrawals are usually processed within a few hours, which means Winz.io doesn’t use one of the oldest tricks in the book, leaving withdrawals pending for a few days to have the player consider cancelling the withdrawal and playing some more. With Winz.io, you get paid fast.

This isn’t one of those casinos where you need to worry about the fine print, but read it all the same!

Player Complaint Resolution

Several years ago, casinos that belong to the Dama N.V. group had issues regarding unresolved player complaints, which was a bad sign.

However, recently, it seems that all Dama N.V. casinos – Winz.io included – have upped their game and established protocols for resolving player complaints promptly, transparently and honestly.

All 70 casinos in the group seem to share the same team and protocols for conflict resolution. “These days, Dama is one of the most responsive, professionally run large casino groups out there”, one established industry professional has said about this group.

I can’t help but agree. The Curaçao license doesn’t enforce any rules on the licensee. It offers no conflict resolution, which means that a casino could get away with malpractice as far as the licensing body is concerned. However, Winz.io established protocols to protect the players and offer them a safe and honest playground.

Dama N.V. Company Information and Casino Licensing

Winz.io Casino is owned by Dama N.V., a well-known entity in the online gaming industry that runs over 70 online casinos.

Dama N.V. is a limited liability company registered under the number 152125 with the Curaçao Chamber of Commerce and has a registered address at Scharlooweg 39 U.3, Willemstad, Curaçao. The company’s owner isn’t known, but almost all the officials, such as the BitStarz CEO Frank Douglas, are Dutch nationals.

However, this doesn’t get us closer to knowing who the owner is. All we know is that Dama N.V. has many casinos. Some sources have speculated the company is somehow linked to a Belarusian white-label company, SoftSwiss, powering the Dama N.V. casinos. This may or may not be accurate.

At the time of writing in December 2023, Dama N.V. holds an e-gaming license (No. 8048/JAZ2020-13) issued by Antillephone N.V. despite the regulatory changes that unite four Curaçao master licenses into one, overseen by the Curaçao Gaming Control Board (GCB).

Companies can apply for those licenses starting 15 November 2023, so there is no doubt that all Dama N.V. casinos, and plenty of those, will soon have the GCB license.

Restricted Territories

The list of restricted countries at Winz.io is extensive, which is a good sign. Most Curaçao-licensed casinos restrict the United Kingdom to avoid regulatory problems and allow everyone else.

But Winz.io under no pressure from the licensing authority, has restricted more to avoid the problems that arise from offering services in restricted markets.

That being said, Winz.io continues to accept Australian players despite a formal warning from the authorities in 2022 that eventually amounted to nothing.

Whoever at Dama N.V. received the letter probably tossed it in the bin. Turkish players are also allowed.

The casino makes it very clear that it’s the player’s sole responsibility to enquire about their country’s gambling laws and regulations before placing bets on the website.

The casino cannot guarantee the successful processing of withdrawals or refunds if a player breaches this Restricted Countries policy.

Winz.io restricts UK and USA players, including their respective overseas territories, such as the British Virgin Islands or Guam. Winz.io isn’t active in regulated US states, either.

Of European countries, the restricted ones are Albania, Belarus, Belgium, Bulgaria, Czech Republic, Estonia, France and its overseas territories (Guadeloupe, Martinique, French Guiana, Réunion, Mayotte, St. Martin, French Polynesia, Wallis and Futuna, New Caledonia), Greece, Hungary, Holy See (Vatican City State), Latvia, Lithuania, Malta, The Netherlands, Poland, Portugal, Serbia and Spain.

Bonuses are not available to players from Sweden, including participation in any promotional programs, receiving VIP rewards, and exchanging comp points.

Here is a full list of the remaining restricted territories:

Afghanistan, American Samoa, Anguilla, Antarctica, Antigua and Barbuda, Aruba, Bermuda, Bonaire, Sint Eustatius and Saba, Bouvet Island, British Indian Ocean Territory, Cayman Islands, Cook Islands, Cuba, Curaçao, Democratic Republic of the Congo, Dominica, Dutch West Indies, Ethiopia, Falkland Islands (Malvinas), Fiji,  Georgia, Gibraltar, Guam, Guernsey, Guyana, Haiti, Heard Island and McDonald Islands, Iran, Iraq, Israel, Jersey, Jordan, Kiribati, Lebanon, Liberia, Libya, Moldova, Nauru, Norfolk Island, North Korea, Northern Mariana Islands, Pakistan, Palestine, Panama, Papua New Guinea, Pitcairn, Puerto Rico, Romania, Ascension and Tristan da Cunha, Saint Kitts and Nevis, Saint Pierre and Miquelon, Samoa, San Marino, Sierra Leone, Sint Maarten (Dutch Part), Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, South Sudan, Sudan, Svalbard and Jan Mayen, Syria, Tokelau, Tonga, Turks and Caicos Islands, Tuvalu, Ukraine, Vanuatu, Virgin Islands (British), Yemen, Åland Islands.

Note that NetEnt has rules regarding which territories their games can be played in.

Sister Casinos

Dama N.V. operates over 70 online casinos, the most important being BitStarz. This crypto casino was launched early in the crypto boom in 2014, which served as the starting point for establishing the other ones.

Some of the most recognizable sister casinos to Winz.io other than BitStarz are Oshi Casino, King Billy, SpinFever, Loki Casino, BetChain, mBit, Playamo and Rollers.io.

All of the casinos share the same Curaçao license.

Conclusion – Should you play at Winz Casino?

Winz.io is a safe place to gamble online, as, despite the weak Curaçao license (that’s about to get much more robust as it transitions to GCB), the casino already has player protection protocols and good conflict resolution practices.

The casino is part of a large group, and the entire network of 70 casinos is enjoying the same reputation. This is also a good sign for Winz.io, as it enjoys the benefit of having a larger team of employees – and larger cash reserves – than it could have on its own.

Those are the reasons I say Winz.io is a safe place to gamble online.

Winz Casino Frequently Asked Questions (FAQ)

Can UK customers play at Winz.io?

No, the United Kingdom is among the restricted territories list, so players from the UK aren’t allowed at Winz.io.

Is Winz.io legit?

Yes, Winz.io is a legit online casino that pays the players and fairly resolves complaints.

What countries are restricted on Winz io?

The list of restricted countries is extensive, including the UK, the USA and many European countries such as France and the Netherlands.

How fast are payments at Winz Casino?

If you don’t have an active bonus and use cryptocurrency as a withdrawal method, there’s a good chance the withdrawal will be processed instantly. In other cases, expect the funds to be with you within 1 to 6 hours.

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