Drake Casino is an online casino that was launched in the iGaming sphere in 2012 and has since remained a mystery to punters and experts conducting online casino reviews. It does not provide any information about its owners and license. And although it claims to operate under the Curacao gaming laws, it does not carry any license seals on its site.
Meanwhile, two big hitters are powering this betting site, giving players a decent selection for some fun betting action. It accepts players from all over the world, excluding some US states and countries like North Korea, Sweden, Hungary and others. What’s interesting is that Drake allows players from the UK to register and place real money bets. As you know, betting sites must have a UKGC or MGA license before they can accept players from the jurisdiction.
Bonuses and Promotions
Whether you are a new player or a loyal member, you will find several rewards to enjoy in the Drake Rewards Library. Here are the bonuses not to be missed on this betting site.
Welcome Bonus
Right after signing up, you can increase your bankroll with the Drake Welcome Bonus. What makes this offer special is that you can choose one of these welcome rewards for each of your first three deposits.
- 300% up to 2000 USD
- 60 free spins for a minimum deposit of US $ 50
- 90 free spins for a minimum deposit of US $ 75
- 120 free spins for a minimum deposit of US $ 100
- 180 free spins for a minimum deposit of US $ 180
To cash out any of these rewards, you must wager the sum of your deposit amount and the bonus amount “up to 60 times”. Just keep in mind that you cannot use your welcome credits or bonus credits for certain games on Drake. These titles include Legend of the Nile, Sin City Nights, Dr. Jekyll & M. Hyde and others.
VIP Program
Once you have signed up for Drake, you can activate your VIP Rewards Plan account. After which, you can receive points for every bet you place on this betting site. These points will determine your VIP level. At the same time, your level will determine how many points you will get. It goes without saying that the higher your level, the more points you will get for each bet you place.
Here are the VIP rankings in the program, along with their point requirements.
- Level 1: Amber – Starting level
- Level 2: Bronze – 10,000 points
- Level 3: Silver – 50,000 points
- Level 4: Gold – 100,000 points
- Level 5: Platinum – 500,000 points
- Level 6: Diamond – 1,000,000 points
Note that these reward points can be redeemed for cash or other available rewards. Just visit the VIP Rewards Plan tab to see what there is to gain.
Reload Bonus
This casino has a nine-tier club, the Drake Club. Like its VIP program, this club offers to reload bonuses and other rewards that grow bigger each time you climb the ranks. New registrations are grouped under Ivory. Then your level will increase based on your gameplay, deposits and withdrawals. For example, making your fourth deposit since signing up will automatically enroll you in the Platinum level. As a result, you will get 30% up to $ 500 each time you top up.
In addition to these bonuses, you can increase your bankroll with daily bonuses, seasonal promotions and more. Just keep your eyes on the latest deals, so you don’t miss out.
Banking Methods
Drake supports casino transactions made via BTC or fiat. Here are the payment gateways you can use for your deposits and withdrawals:
Deposit Methods
The minimum amount required to fund your player account will depend on your payment channel. If you are depositing with Visa or a gift card, you must deposit at least US $ 25. Meanwhile, funding your bankroll with QuickCash requires at least $ 100.
Note that if you leave your player account inactive for a longer period of time, you may be charged a monthly administration fee of $ 10.
Withdrawal Methods
The betting site supports fewer options for withdrawal channels. The minimum amount you can withdraw is $ 300, and this only applies to BTC transactions.
You should know that Drake locks BTC payments at a USD amount when processing your transactions. As a result, the amount of your deposit and withdrawal may vary depending on crypto price movements. If you choose this method, note that you are eligible for a FREE Bitcoin withdrawal over a rolling 30 day period. Meanwhile, charges of US $ 60 and the US $ 50 apply to the bank port and QuickCash, respectively.
Should you Play at This Casino?
Right off the bat, accepting UK-based punters without the proper license is bad enough. But Drake Casino makes matters even worse with its lack of information on necessary bonuses as well as its transaction fees. The bonus terms are quite confusing, and you have to dig deeper into the terms and conditions just to find the rollover requirement.
Meanwhile, the minimum withdrawal amount of US $ 300 is unreasonable. Moreover, charging an inactive account an “administration fee” of US $ 10 is utter nonsense. Simply put, stay away from this casino. Otherwise, be sure to read everything in the fine print before signing up.