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Home › Payment Policy

This Payment Policy explains how deposits, withdrawals, currencies, identity verification and related financial matters are handled at Shakebet Casino, operated by May Sun Services S.A. and accessible at shakebetsonline.co. By transacting on the site you confirm that you have read and agree to the terms set out below.

1. Operator Details

Shakebet Casino is owned and operated by May Sun Services S.A., trading as Shakebet, and is licensed under the Anjouan regulatory framework (licence number ALSI-202411025-FI1). All financial transactions processed through shakebetsonline.co are subject to this Payment Policy and to the site's full Terms and Conditions.

2. Accepted Payment Methods

Shakebet supports a wide range of deposit and withdrawal options, with a strong emphasis on cryptocurrency for players who prioritise speed and privacy. The following methods are available on the platform:

2.1 Cryptocurrencies

Nine cryptocurrencies are accepted, with USDT available across three networks:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • BNB
  • USD Coin (USDC)
  • Dogecoin (DOGE)
  • TRON (TRX)
  • Bitcoin Cash (BCH)
  • Litecoin (LTC)
  • Tether (USDT) — available on BEP20, ERC20 and TRC20 networks

Crypto deposits are credited to your account within seconds of blockchain confirmation. Withdrawals in cryptocurrency are processed near-instantly following the standard internal review window.

2.2 E-Wallets

E-wallet options, including Klarna, are available for players who prefer fiat-based digital payment solutions. E-wallet deposits are typically credited immediately. Withdrawals to e-wallets are processed within up to 24 hours.

2.3 Card Payments

Debit and credit card payments are accepted for deposits. Card withdrawals are processed within 1 to 3 business days, subject to the card-issuing bank's own processing timescales.

The full and current list of accepted payment methods is displayed at the cashier during deposit and withdrawal. Shakebet reserves the right to add or remove payment methods at any time in line with licensing requirements and operational considerations.

3. Supported Currencies

Shakebet supports transactions denominated in Euro (€). Cryptocurrency transactions are converted at the prevailing exchange rate at the time of processing. Players are responsible for any currency conversion fees charged by their bank, card provider or cryptocurrency network. Shakebet does not apply additional conversion margins beyond those stated in the cashier.

4. Deposit Policy

4.1 Minimum Deposit

The minimum deposit amount at Shakebet is €20 (or the cryptocurrency equivalent at the time of transaction). Deposits below this threshold will not be credited and may be returned to the originating payment method.

4.2 Deposit Processing

Deposits are credited to your Shakebet account as follows:

  • Cryptocurrency: Near-instant, subject to blockchain network confirmation times.
  • E-wallets: Typically immediate upon confirmation from the payment provider.
  • Debit/credit cards: Typically immediate, though some card issuers may introduce a short processing delay.

If a deposit does not appear in your account within a reasonable time, please contact Customer Support via live chat or email before attempting a further transaction.

4.3 Deposit Conditions

  • All deposits must be made from a payment account that is registered in your own name. Third-party deposits are strictly prohibited.
  • Shakebet does not accept deposits made with funds borrowed from credit facilities where prohibited by applicable regulation.
  • Deposits made in error may be reversed, subject to verification, at Shakebet's discretion.
  • Shakebet reserves the right to request documentation verifying a payment method before a deposit is accepted or a withdrawal is approved.

4.4 Bonus-Linked Deposits

Certain promotional offers, including the three-deposit Welcome Package, are triggered automatically when the qualifying minimum deposit is met — no promotional code is required. Bonus terms, including wagering requirements, maximum bet restrictions and eligible games, are set out in the Promotions Terms and in Section 9 of this policy. Players should review all applicable bonus conditions before depositing.

5. Withdrawal Policy

5.1 Minimum Withdrawal

The minimum withdrawal amount is €25 (or the cryptocurrency equivalent at the time of the request). Withdrawal requests below this threshold will not be processed.

5.2 Withdrawal Limits

Limit Type Standard Account Mega VIP (Levels 46–50)
Daily Withdrawal Limit €4,000 €100,000
Weekly Withdrawal Limit €10,000 Unrestricted (subject to review)

Withdrawal limits for VIP tiers between Bronze and Obsidian (Levels 1–45) may differ and are communicated within the VIP programme terms. Players at Mega tier (Levels 46–50) benefit from significantly elevated limits as shown above. Shakebet reserves the right to conduct enhanced due-diligence checks on large withdrawal requests regardless of VIP status.

5.3 Withdrawal Processing Times

Payment Method Processing Time
Cryptocurrency Near-instant following internal review
E-wallets Up to 24 hours
Debit/credit cards 1–3 business days

All withdrawal requests are subject to a standard internal security and compliance review before funds are released. Processing times quoted above begin once that review is complete. External network and banking timescales are outside Shakebet's control and may extend the overall time to receipt.

5.4 Withdrawal Conditions

  • Withdrawals will only be paid to a payment method registered in your own name. Shakebet will not transfer funds to a third party under any circumstances.
  • Where a deposit was made by card, Shakebet may be required to return funds to the originating card before releasing any remaining balance to an alternative method, in accordance with anti-money-laundering obligations.
  • Withdrawals cannot be processed while a player's account is subject to a pending identity-verification review or a temporary restriction.
  • Any active bonus balance that has not been forfeited or completed in accordance with wagering requirements may delay or reduce the withdrawable amount.
  • Shakebet reserves the right to split large withdrawals across multiple payments where operationally required.
  • Cashback earned through the Monday Cashback Programme is credited directly to your withdrawable balance with no wagering requirement attached. It may therefore be withdrawn in the same manner as any other real-money balance, subject to the limits above.

5.5 Withdrawal Method Consistency

As a general rule, Shakebet will return funds using the same payment method used for the most recent deposit, up to the amount deposited via that method. Balances exceeding the deposit amount may be withdrawn via any verified method available in your account. This policy exists to satisfy anti-money-laundering obligations and may be applied at Shakebet's discretion on a case-by-case basis.

6. Identity Verification (KYC)

6.1 Why We Verify

Shakebet is required by its licensing obligations and applicable anti-money-laundering regulations to verify the identity of all players before processing withdrawals, and in certain other circumstances. This process is known as Know Your Customer (KYC) verification.

6.2 Documents Required

You may be asked to provide one or more of the following:

  • Proof of identity: A valid government-issued passport, national identity card or driving licence bearing your photograph.
  • Proof of address: A recent utility bill, bank statement or official government correspondence (typically dated within the last three months) showing your name and residential address.
  • Proof of payment method: A photograph or screenshot of the card or e-wallet used for deposit, with the middle digits of any card number redacted for security. For cryptocurrency wallets, confirmation of wallet ownership may be requested.
  • Source of funds / source of wealth: For larger transactions or where required by our compliance team, documentation evidencing the legitimate origin of funds used for gambling may be requested.

6.3 When Verification Is Triggered

  • Upon submission of a first withdrawal request.
  • When cumulative deposits or transaction volumes reach internally defined thresholds.
  • Where our compliance team identifies activity that requires additional review.
  • As part of ongoing periodic account reviews.

6.4 Verification Timescales

Shakebet aims to complete standard KYC reviews promptly upon receipt of all required documentation. Players are encouraged to submit clear, legible copies of documents to avoid delays. Withdrawal requests will be held pending until verification is satisfactorily completed. Shakebet accepts no liability for delays caused by incomplete or unclear documentation submitted by the player.

6.5 Account Suspension and Closure

If a player fails to provide satisfactory verification documents within a reasonable timeframe, or if submitted documents cannot be authenticated, Shakebet reserves the right to restrict access to the account and withhold pending withdrawals pending further review. In cases of confirmed fraud or deliberate misrepresentation, the account may be permanently closed and relevant balances may be forfeited in accordance with the Terms and Conditions.

7. Transaction Security

All financial transactions on shakebetsonline.co are protected using industry-standard encryption technology. Shakebet does not store full card details on its servers; card data is handled directly by our licensed payment processors in accordance with applicable data-security standards. Players are responsible for maintaining the security of their account credentials and should contact Customer Support immediately if they suspect any unauthorised access to their account.

8. Fees and Charges

Shakebet does not charge fees for standard deposits or withdrawals. However, third-party fees may apply, including:

  • Cryptocurrency network (gas) fees, which vary by network and congestion levels.
  • Currency conversion charges applied by your card issuer or bank.
  • Fees levied by your e-wallet provider in accordance with their own terms.

Shakebet is not responsible for any fees applied by third-party payment providers or financial institutions. Players are advised to consult their payment provider's terms before initiating a transaction.

9. Bonus Funds and Withdrawable Balance

It is important to understand the distinction between bonus funds and real-money (withdrawable) balance:

  • Bonus funds (including Welcome Package match bonuses and Lootbox Monday awards) carry a 35x wagering requirement on the bonus amount before any winnings derived from them can be withdrawn. A maximum bet of €5 per round applies while a bonus is active. Winnings from Welcome Package free spins are subject to a 10x win cap (maximum €2,000). Bonus funds and associated spins must be used within 7 days of issue.
  • Monday Cashback earned through the VIP loyalty programme is credited directly as real, withdrawable money with no wagering requirement.
  • Loyalty Store redemptions and certain prize wheel winnings (Shake Bet Wheel) may carry a 35x wagering requirement on winnings; terms are displayed at the point of award.
  • Slots contribute 100% towards wagering requirements. Live game shows contribute 20%. Blackjack and roulette contribute 10%. Crash games and arcade titles contribute 0%.
  • Players may forfeit an active bonus at any time via the account settings, but any bonus-derived winnings will be removed upon forfeiture.
  • Attempting to withdraw a real-money balance while an active bonus is running may result in the bonus and associated winnings being voided. Players are advised to complete or forfeit any active bonus before requesting a withdrawal.

10. Responsible Gambling and Financial Controls

Shakebet is committed to promoting responsible gambling. Players have access to a range of financial controls to help manage their activity, including deposit limits, session limits and self-exclusion tools. These can be accessed via the responsible gambling section of the site or by contacting Customer Support at any time.

Shakebet strongly recommends that players:

  • Set personal deposit and loss limits that reflect their individual financial circumstances.
  • Treat gambling as entertainment, not as a means of generating income.
  • Never deposit funds that are needed for essential living expenses.
  • Make use of the self-exclusion or cooling-off tools if gambling is causing concern.

If you are concerned about your gambling behaviour, please contact our support team via live chat or email (available 24/7) or reach out to a recognised responsible gambling organisation in your jurisdiction.

11. Failed Transactions and Disputes

If a deposit or withdrawal fails or is delayed beyond the timeframes stated in this policy, players should contact Shakebet Customer Support via live chat or email before initiating a chargeback or dispute with their payment provider. Many transaction issues can be resolved quickly by the support team once notified.

Chargebacks initiated without first contacting Shakebet may result in account suspension pending investigation. Where a chargeback is found to have been made fraudulently or in bad faith, Shakebet reserves the right to recover any associated costs and to close the account permanently.

12. Changes to This Policy

Shakebet reserves the right to amend this Payment Policy at any time. Material changes will be communicated to registered players via email or an in-site notification. Continued use of the site following notification of any change constitutes acceptance of the revised policy. Players are encouraged to review this page periodically to remain informed of any updates.

13. Contact Us

For any queries relating to deposits, withdrawals, verification or any other payment matter, please contact the Shakebet Customer Support team:

  • Live Chat: Available 24/7 via shakebetsonline.co
  • Email: Available through the Contact page at shakebetsonline.co

Our team is available around the clock and will aim to resolve all payment queries as quickly as possible.

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