5588bet Casino

Rating: star 3,4/ 5

5588bet Casino

  • Crypto-friendly

Welcome bonus

No information

Read Review

approved Players from Australia accepted.

Website: 5588bet.com
Bonus: No information
Minimum deposit: AU$2
Year founded: 2023
Payout time: Unspecified
Verification time: Up to 4 days
License: Curacao

Payment Methods:

PIX (1)
Tether
5588bet Casino Mobile Devices

Pros

pros
  • Crypto-friendly

Cons

cons
  • Iffy licensing
  • Live chat unavailable
  • Too few promotions

Table of contents

5588bet Casino Review

This review will explore an online casino released last year, called 5588bet. It’s a relatively new venture mainly focused on the Brazilian market, but it also caters to Aussie players, so a thorough assessment is due. We at casinoaustraliaonline.com are always aiming to be the most resourceful source of unbiased, detailed information about any online casino you can consider betting at, so we’ll make sure that this article will hit the nail on its head. The owner of this gambling platform isn’t well-known, and, in all fairness, the whole venture doesn’t look too promising. However, we will put our best foot forward and assess each aspect of the site to get the full picture and share it with you. If you’re interested in a new exciting betting space to explore, you’re in the right place.

5588bet Casino Review Australia

We must admit, we are not big lovers of online casinos that look like this one, as they are notoriously the most disorganized and perplexing ones out there. Still, there seems to be a new one popping up every day, so obviously, they have fans. However, in our opinion, they don’t offer much beyond being a visual overload, a structurally bewildering ordeal, and a security-poor environment. We try not to be pessimistic all the time, though, so we hold out some hope that this casino will be different from others, but we continue to be highly skeptical. Because your security is our number one concern, we will only suggest gambling sites that we know will provide you with the best gaming experience possible while minimizing any risks. Overall, there are a lot of negatives right from the bat, but we’ll also look at the positive aspects of 5588bet. The following section of the review is about to start, so buckle up, and let’s get into it!

Bonuses

Bonuses are a great way to make your betting experience even more lucrative if used right. To master the art of recognizing beneficial incentives and detecting iffy deals, you either need extensive experience like the one we’ve accumulated, or you can simply read this review ‘till the end to get the inside scoop. All in all, if you’d like to ensure you’re not being scammed with an impossible-to-complete offer, be mindful of the way the terms and conditions are worded – how much information is disclosed, are the rules well-written, do the conditions outline parameters such as the minimum deposit, maximum withdrawal, wagering requirements, maximum bet, and completion time frame? If not, then it’s better to opt out beforehand. Of course, no matter how great an incentive may look, you should also take the casino’s overall security, licensing, and legitimacy into consideration to avoid any disappointments. Now that you know a bit more about navigating the exciting but sometimes tricky realm of bonus offers, let’s see what’s in store at 5588bet Casino.

5588bet Casino Promotions Australia

In contrast to most other betting hubs, 5588bet doesn’t seem to offer any of the usual incentives one might expect. The casino does not provide any of the usual welcome bonuses, reload offers, free spins deals, cashback programs, or other unique offers that are used to attract new players left and right. If you’re looking for a place to play for some great rewards, 5588bet is likely not the place for you. We must say, though, that the Portuguese version of all promotional details is available and there are some offerings on it, but for English speakers like us, Aussies, there isn’t much to work with. You’re pretty much left in the dark about the fine print when it comes to the bonus terms and conditions of the casino’s existing promos. As you most likely know, you must fully grasp the rules of an incentive prior to claiming it, hence the absence of clarity in this matter is worrisome, to say the least. Still, although we’re wary of 5588bet in this regard because of their concealed bonus situation that could ruin your gambling experience, we’ll assess the full spectrum of unusual rewards we encounter on the website. Before taking part in any offers, make sure you read the upcoming sections – we’ve given it all we’ve got to translate them into English from Portuguese.

5588bet Casino Bonus Codes Promotion

Joining 5588bet brings daily bonuses. To start, download the app and deposit no less than AU$ 15. This offer is for pokies, fishing, chess, and cards, with a wagering requirement of 15x. To get started, register and receive AU$ 1, with winnings limited to pokies, fishing, and cards. You need to wager 200x times before withdrawing, but considering the amount, it’s actually completely doable. If you download the app you will get AU$ 2, if you bookmark the site you will get AU$ 1, if you verify your mobile number you will get AU$ 1, and if you link your Telegram or Facebook, you’ll get AU$ 1.00 each. Not too generous, but hey, it’s something! Note that tasks need a 20x rollover for withdrawal. Games like Baccarat, Red & Black War, Dragon & Tiger Fight, and Sic Bo are excluded. You can participate once, and changes to bank details may affect your bonuses.

5588bet Referral Bonuses

The Referral Program at 5588bet offers you the chance to earn bonuses and commissions by inviting others to join the platform. Simply share your unique referral link on platforms such as Facebook, Instagram, TikTok, Telegram, WhatsApp, and YouTube! When someone registers through your link and makes a successful first deposit, you can earn a bonus of AU$ 5. For every 10 people you invite who make their first deposit, you could earn AU$ 50. Moreover, if your invited guests bet AU$ 1 or more, you can receive high commissions, up to 3.0% for a lifetime. The commission is calculated based on the total real value of bets made by your referrals. If you’re wondering how this works — the system tracks participation automatically. Isn’t that great?

Next up, the Exclusive Agency Incentive at 5588bet.com offers a lucrative opportunity for you to earn money effortlessly while having fun. By becoming an agent, you can share referral links on social media platforms, invite friends and family to join, and make valid reloads and bets, all while receiving a daily payout regardless of wins or losses. Under the Universal Agent Bonus Scheme A, the more invitations you send, the higher your rewards, with bonuses ranging from AU$ 5 to a cap of AU$ 50,000, depending on the number of successful referrals. Entry into Plan A requires subordinate members to make a minimum deposit and turnover requirement. However, the system prohibits rewards for arbitrage, and multiple accounts from the same IP or device, and reserves the right to make adjustments. Similarly, under the Universal Agency Discount Scheme B, you can earn commissions based on the valid daily bets of offline members in pokies, fishing games, and card games. The more bets your network generates, the higher your discount bonus, potentially leading to significant daily earnings.

5588bet Red Envelope Cash Discount Bonus

This spring, 5588bet Casino introduces a lucrative Cash Discount of AU$ 30,000, set to be fully unveiled on April 5th. This promotion sends out red envelopes on specific dates and allows you to withdraw money without wagering requirements. However, you must remember that engaging in arbitrage or violating company rules disqualifies you from participating. Each member and IP can join only once, and duplicate accounts from the same IP are not allowed. This seems like an event with a tempting prize pool, however, the lack of information in English is still a factor, even though we tried our best with the translation.

5588bet Daily Bet Reward

The casino also offers the Daily Bet Reward. For instance, if you have 100 offline members and the total actual bet value is around AU$ 300 daily, your commission for that day would be calculated as follows: 300 x 0.80%, resulting in AU$ 240. Achieving big successes with this one is promised to be as easy as possible. Regarding activity rules, member participation is automatically tracked by the system, with the result of any disputes decided based on 5588bet’s analysis. If you forget your account or member password, reaching out to 24-hour customer service can assist in account recovery.

5588bet Lucky Wager Bonus

The Lucky Wager Bonus at 5588bet Casino is a unique promotion that allows you to claim bonuses based on your daily valid bets on pokies. The bonus is triggered by generating specific lucky bet numbers, with no maximum limit on the bonus amount. The event specifies different bet amounts, daily claim limits, reward multiples, and reward limits. For example, if your daily bet amount is AU$ 2,000 and the last digits of your bet match the specified digits, you can claim a bonus up to 30 times the bet amount, with an unlimited reward amount. This bonus enables you to withdraw money without turnover requirements, ‘manually received’ at the end of iOS, Android, H5, and Web platforms. However, engaging in prohibited activities like risk-free bets, malicious arbitrage, or using technical means for unfair advantages can result in account suspension and bonus confiscation, so keep this in mind.

5588bet Rescue Bonus

‘Today’s Rescue Bonus’ at 5588bet Casino is a promotion designed to offer you a bonus based on your losses from the previous day, so it’s basically a form of a cashback system. If you experience losses of AU$ 20 or more in a specific pokies game, you are eligible for an extra reward percentage. The percentage of the reward increases with the amount of loss, ranging from 0.50% for losses of AU$ 20 or more to a maximum of 8% for losses of AU$ 2,000 or more. This bonus allows you to withdraw money without turnover requirements. You can claim the bonus directly after 00:00 on the following day or it will be automatically credited to your account. Remember that engaging in unethical activities like using cheats or multiple accounts may result in the confiscation of rewards or account penalties.

5588bet Special Bonus

This promotion at 5588bet Casino is designed to reward you based on your first deposit amount. The bonus amount you receive increases as your deposit amount increases. For example, if you deposit AU$ 10, you’ll get a bonus of AU$ 3, and the maximum bonus you can receive is AU$ 5588 for deposits of AU$ 30,000 or more. This bonus is exclusively for first-time depositors and is available only once. The rewards scale up with higher deposits, with a maximum reward of AU$ 5588. There’s no deposit limit, and the rewards are expected to be updated within 10 minutes after depositing. You can claim your rewards starting from midnight on the day following your deposit. Manual claiming is available on iOS and Android platforms. Rewards expire after 30 days, so ensure you claim them before they become invalid. To withdraw the bonus amount, you must wager the total amount (deposit + bonus) at least once. Wagering is limited to pokies games.

5588bet Special Bonus 2

Watch the official channel of 5588bet.com for daily bonus code releases, available for a limited time. Encourage your friends to join and also receive bonuses! Follow the channel for more details on platform discounts! The aim of this activity is to reward you as you make deposits. To grab it, your associate account must be linked to PIX and your mobile number to participate in the bonus code activity. The bonus code can be redeemed within a limited time period and expires automatically after the expiration date. You must wager the bonus amount 1x before being able to withdraw it. This activity is limited to pokies, board games, and fishing card games, excluding traditional board and card games like baccarat or longhu.

Games

Aside from featuring a decent number of titles from primarily minor game suppliers, 5588bet Casino’s game collection is unlike most gaming libraries we’ve come across. Some players might be eager to dive in because they’ve never played any of the titles before, while others may want to sit this one out. No matter which of the two sides you wind up on, you’ll come away from this portion of the review with a better understanding of the games thanks to our comprehensive breakdown on the topic. The majority of the games here are pokies, but there are also live dealers, table games, and even sports betting options. Let’s discover more on the subject if you’re interested in finding out if 5588bet’s games can attract you and keep you well-entertained.

Games
Software providers Ezugi, Evolution, Pragmatic Play, etc.;
Pokies 2,200+
Live Casino Yes
Sports betting Yes
Table Games Yes

Pokies and Providers

The pokies at 5588bet are all great, but we’ve done our usual test drive and will recommend you the ones that we thought were the best. With games like Fire Strike, Samurai’s Fortune, Treasure Hunt, Panda’s Quest, Dancing Lanterns, Money Vault, Lucky Phoenix, Golden Skulls, Zodiac Signs, Royal Riches, Wild West Frontier, Dragon’s Luck, Jungle Quest, Wizard’s Tower, Oriental Legend, Safari Treasures, Pirate’s Plunder, Goldmine Adventures, Fortune’s Palace, and Lucky Dragon, you can enjoy yourself quite a lot. Keep in mind, though, that the site is extremely laggy, and sometimes, the games can’t load properly without having to refresh your browser a couple of times, which is a serious drawback.

5588bet Casino Games Australia

Among the game developers that 5588bet is said to collaborate with include PragmaticPlay, Ezugi, Evolution, Spribe, and PG Soft, among others. With only roughly 18 studios involved, the number of suppliers is still far from spectacular. This might not seem like a major issue, but considering that gambling platforms usually partner with over a hundred different studios to create an immersive ambiance, this lineup seems insufficient. A minimum of 30 is the goal for the majority of casinos, and here, there are fewer providers than that.

Live Casino

The casino offers a large number of live casino games, to our surprise. Poker, keno, sic bo, dragon tiger, roulette, blackjack, baccarat, and countless more lobbies will be available to you. Evolution and Pragmatic Play Live are among the couple of suppliers that have contributed live gaming to this site.

5588bet Casino Live Games Australia

Deposits & Withdrawals

Success in gambling depends on a number of elements, including familiarity with the casino’s money-handling policies, laws regarding transactions, and overall trustworthiness. We at casinoaustraliaonline.com have made it our mission to ensure that you are fully prepared to handle the landscape when it comes to making deposits and withdrawals, noticing concealed pitfalls, potential extra charges, currencies, and all other related topics. Join us as we break down the financial aspects of 5588bet in the following paragraphs if you’d like to learn more.

Deposits at 5588bet

The minimum entry point here is as low as it can get – AU$ 2. However, the deposit conditions are mostly disappointing, as the only two payment methods available here are PIX and Tether. The casino accepts only BRL, making us wonder why are Aussie players welcome here if everything seems tailor-made for Brazillian players and Brazillian players only.

Withdrawals at 5588bet Casino

The minimum and maximum withdrawal restrictions here are undisclosed, and whether there are any additional fees, or how long it takes for the site to process payouts remains unclear, too, as they don’t seem to tell us anything about the rules and regulations surrounding the procedure. On a brighter note, although unusual, it can be said that players could possibly benefit from the fact that the betting hub practically has unlimited withdrawals. Nonetheless, you should stay away from establishments that don’t have clear withdrawal terms because it can cause you a ton of problems down the line.

Payments
Minimum deposit AU$ 2
Minimum withdrawal Unspecified
Deposit methods Tether, PIX 
Fiat currencies accepted Yes
Australian Dollars accepted  No
Cryptocurrencies accepted Yes

Withdrawal time

The withdrawal time at this casino isn’t specified either, which is nothing but yet another drawback to consider when making the decision whether to play here.

VIP Program

5588bet Casino has a VIP level system, where your cumulative bets across various games like pokies, board games, card games, fishing, videos, sports, and lotteries contribute to your VIP status. There are different VIP levels, each with its own bonus rewards. For example, reaching VIP1 with AU$ 200 in cumulative bets gets you a weekly bonus of AU$ 0.5 and a monthly bonus of AU$ 1. As you progress to higher VIP levels with higher cumulative bets, your bonuses increase accordingly. It’s important to claim your rewards for each level within the specified timeframe, as delays can sometimes result in forfeiture. Participation in the program is tracked automatically by the system.

Tournaments

While the lack of tournaments is a little odd, it is expected considering 5588bet’s lower level of quality overall.

Verification

There is a lack of information regarding the rules so we’re left wondering if the casino even uses identity verification at all, let alone knowing the specifics. Still, be prepared to show identification, proof of address, and ownership of the payment method if they ask to see them.

Is 5588bet Legit?

If we needed to give you a short answer, it would have to be a resounding ‘No’. The casino claims to be licensed by Curacao, but in reality, it doesn’t disclose further information about the license number, and all of the checks we conducted resulted in confirming that the establishment is not telling the truth. This casino isn’t really a legitimate, licensed one, and it’s better to avoid playing here if you’re interested in a safe gaming environment for yourself.

License Curacao
License number Invalid
Company address AbrhamdeVveestrat 9, Willemstad, Curacao

Customer Support

Due to the lack of standard contact methods like web chat, email, and phone calls, customer care here is practically nonexistent, at least on the official website. Telegram and Facebook Messenger are the sole channels for contacting a customer service agent. This is a common practice among untrustworthy casinos, and we see it as another red flag among the many we’ve already noticed during this evaluation.

Live Chat Support No 
Phone Support No
E-mail Support No
Ticketing System No

Mobile Casino

The mobile browser version of this casino is just as disorganized and broken as the desktop site, so don’t get your hopes up too high about using it. The option to play while on the move is still available, though, but we would advise against it. The casino also has an app.

5588bet Casino Mobile Version

Interface
Mobile version YES
iOS App YES
Android APP YES

FAQs

Is 5588bet safe for players?

arrow-faq

No, this casino doesn’t seem to be safe at all.

What is the best feature of 5588bet?

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There aren’t any redeeming qualities about 5588bet.

How much time does a withdrawal take at 5588bet?

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The withdrawal processing time is unspecified.

Can I play without spending money?

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No, all the games are only accessible once you register and make a deposit.

What bonuses does 5588bet offer to Aussie players?

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There is a plethora of rather unclear, chaotically explained bonus offers here.

Does 5588bet have a VIP program?

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Yes, the casino claims to present a VIP program with many levels to conquer.

Conclusion

Conclusion

When compared to other casinos we have reviewed recently, 5588bet Casino ranks among the lowest. Regrettably, there are no appealing features, and the casino cannot be recommended under any circumstances. Everything about this site is terrible, from the false licensing to the terms and conditions, which are completely missing. Your efforts would be better served by shifting to a more dependable platform, so please consider doing so.

5588bet Casino Vs 3 new casinos in Australia

Casino Rating Bonus Year founded Minimum Deposit Available in Australia
5588bet Casino 3.4 No information 2023 AU$2 YES
Flush Casino 2.2 150% Up to A$1,500 2024 AU$10 YES
Trino Casino 2.7 Up to €3000 + 300 Free Spins 2024 AU$20 YES
PlayMoola Casino 3 100% Up to A$9,000 2024 AU$30 YES

Some of the pokies you can play at 5588bet Casino

5588bet Casino reviews by players
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This review is based on my personal experience & game play at 5588bet Casino. I’m not employee at any online casino and i haven’t received any payments to write this review. I understand that casinoaustraliaonline.com as might or might not show my review and they are not responsible for it’s content.

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Amelia Taylor
Amelia Taylor Casino Auditor Last Updated: March 25, 2024

Amelia is huge fan of online casinos and Pokies. She was born in Sydney, Australia and spent last few years as an iGaming copywritter.

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