By: f5admin On: April 28, 2016 In: Uncategorized Comments: 0

Whether you are a first-time visitor or returning to https://au-spinbit.com/about/, this guide covers the essential features you need to know. Spinbit is a modern online casino offering a wide range of slots, table games, and live dealer options. This guide provides step-by-step instructions for account setup, explains how wagering works with detailed calculations, and answers common questions about safety and withdrawals.

Quick Checklist

  • Verify you are in a jurisdiction where online gambling is legal.
  • Prepare a valid email address and a strong password.
  • Have identification documents ready for KYC verification.
  • Choose a payment method that suits your region.
  • Review the bonus terms, especially wagering requirements.
  • Set deposit limits for responsible gaming.

Account Setup

  1. Click the “Sign Up” button on the homepage.
  2. Enter your email, choose a username, and create a password.
  3. Provide your full name, date of birth, and residential address.
  4. Agree to the terms and conditions and confirm you are over 18.
  5. Verify your email by clicking the link sent to your inbox.
  6. Log in and complete your profile by adding a phone number.
  7. Upload a government-issued ID for KYC verification before your first withdrawal.

https://au-spinbit.com/about/
https://au-spinbit.com/about/

How Wagering Works

When you claim a bonus, wagering requirements determine how much you must bet before withdrawing bonus winnings. For example, consider a 100% welcome bonus up to $1,000 with a 35x wagering requirement on deposit plus bonus. If you deposit $100, you receive a $100 bonus, giving you a total of $200 in bonus funds.

Formula: Wagering Required = (Deposit + Bonus) × Wagering Multiplier

In this case: ($100 + $100) × 35 = $7,000. You must place bets totaling $7,000 before any winnings from the bonus become withdrawable. Assuming an average game RTP of 96%, the expected loss during wagering is $7,000 × (1 – 0.96) = $280. This highlights the importance of choosing games with high RTP to minimise loss.

Is It Safe?

Spinbit operates under a license from the government of Curacao. The casino uses SSL encryption to protect personal and financial data. However, players should note that winnings from Curacao-licensed casinos may be subject to local income tax depending on their country of residence. Regarding the casino’s ownership, the spinbit owner is a private entity registered in Curacao, and the question of who owns spinbit is not publicly disclosed in detail. For those wondering where is spinbit based, the company is headquartered in Curacao, which is a common jurisdiction for online casinos.

Financial Operations

Deposits and withdrawals can be made via various methods. The table below summarises typical options.

Method Minimum Deposit Withdrawal Time Fees
Visa/Mastercard $20 1–3 business days None
Skrill $10 Up to 24 hours None
Neteller $10 Up to 24 hours None
Bank Transfer $50 3–5 business days May apply
Cryptocurrency Equivalent $20 Within 1 hour Network fees

Withdrawal limits vary by VIP level. New players typically have a weekly limit of $5,000. Verification documents must be approved before the first withdrawal.

Common Problems & Fixes

  • Problem: Cannot log in. Fix: Reset your password via the “Forgot Password” link. If still issues, clear browser cache or try a different device.
  • Problem: Bonus not credited. Fix: Ensure you entered the bonus code correctly during deposit. Contact support if it still doesn’t appear.
  • Problem: Withdrawal pending for days. Fix: Check if your account is fully verified. If yes, contact live chat for an update.
  • Problem: Game not loading. Fix: Update your browser to the latest version, enable JavaScript, and disable ad-blockers.
  • Problem: Country restriction. Fix: Use a VPN only if permitted by the casino’s terms. Otherwise, choose a different casino.

Worth Knowing

If your withdrawal is delayed beyond the stated processing time, follow these steps:

  • Step 1: Check your email for any verification requests. Complete KYC if pending.
  • Step 2: Log in and go to the withdrawal history to see the status.
  • Step 3: If the status says “Processing” for more than 48 hours after the expected time, contact customer support via live chat or email.
  • Step 4: Provide your username, withdrawal amount, and date requested.
  • Step 5: If no response within 24 hours, escalate by requesting a callback or contacting the licensing authority (Curacao eGaming).

Quick Answers

How do I create an account?

Click the Sign Up button, fill in your details, verify your email, and complete KYC by uploading ID documents.

What is the minimum deposit?

The minimum deposit is $10 for e-wallets and $20 for credit cards and cryptocurrencies.

Are my winnings taxed?

Spinbit does not deduct taxes. It is your responsibility to report winnings according to local laws.

Can I play on mobile?

Yes, Spinbit offers a mobile-optimised website that works directly in your browser. No app download is required.

How long do withdrawals take?

E-wallets take up to 24 hours, credit cards 1–3 business days, and bank transfers 3–5 business days.

What games have the highest RTP?

Slots like Blood Suckers (98%) and table games like blackjack (99.5% with perfect strategy) offer the best returns.

Is there a loyalty program?

Yes, Spinbit has a VIP program with cashback, faster withdrawals, and personal account managers.

How can I contact support?

Live chat is available 24/7, or you can send an email to support@spinbit.com.

This guide covers the essential aspects of using the Spinbit casino platform. Remember to gamble responsibly and always check the terms of any bonus before opting in.

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