Bonus profileCobra Casino Bonus
Cobra Casino spreads its welcome bonus over three deposits, starting with 100% up to €1,000 plus 250 free spins, and no code is needed. Figures from the operator's promotions page, as of 8 October 2026.
At a glance
| Licence | Tobique Gaming Commission, e-gaming licence no. 0000002 (operator website, 5 Oct 2026) |
| Founded | 2020 (Casino Guru, 2026) |
| Availability in Germany | Accepts players from Germany (Casino Guru, 4–5 Oct 2026) |
Cobra Casino welcome bonus: what each deposit gives you
According to Cobra's promotions page (as of 8 October 2026), the first deposit is matched 100% up to €1,000 with 250 free spins, the second 50% up to €1,000 with 50 free spins, and the third 125% up to €600. The minimum deposit is €20. Casino Guru and LCB list the same first-deposit offer.
Codes only matter for the side offers. The promotions page names VIP50 (a high-roller match of 50% up to €1,000), WSPORT (sports: 100% up to €100 plus 50 free spins) and LIVE (100% up to €300).
Cobra has no active no-deposit offer as of 8 October 2026. Its terms still contain a rule for one: winnings from a no-deposit bonus are capped at €30. A “20 free spins” listing that turns up in search snippets comes without any conditions, and we could not confirm it. A rule in the terms is not a running promotion.
Welcome bonus
Bonus size and wagering requirements per source; source and date are given in brackets.
| Welcome bonus | 100% up to €1,000 + 250 free spins on the 1st deposit (operator website, 8 Oct 2026) |
| Free spins | 250 free spins (included in the bonus package) |
Wagering requirement
| Wagering requirement | 40x bonus according to AskGamblers (4–5 Oct 2026); LCB gives 40x bonus + deposit (8 Oct 2026) |
Bonus payout
Payout limits per source apply to the VIP tier Serpent; no separate cap is documented for the welcome bonus, while winnings from no-deposit bonuses are capped at €30.
| Payout limit | €500/day, €2,500/week, €10,000/month at VIP level Serpent (operator terms, 5 Oct 2026) |
Payment methods
| Payment methods | Crypto: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dogecoin, Tether, Cardano, BNB, TRON (operator terms, 5 Oct 2026) |
Licence and operator
| Licence | Tobique Gaming Commission, e-gaming licence no. 0000002 (operator website, 5 Oct 2026) |
| Operator | Novatrix SRL, Costa Rica, reg. no. 3-102-893958 (operator website, 5 Oct 2026) |
| Founded | 2020 (Casino Guru, 2026) |
Availability in Germany
| Availability in Germany | Accepts players from Germany (Casino Guru, 4–5 Oct 2026) |
Wagering, bet limit and payouts
AskGamblers gives 40x the bonus, LCB gives 40x deposit plus bonus, and Cobra's own terms state no multiplier for the welcome bonus; they only ask for any deposit to be turned over three times. We could not settle which figure applies.
While a bonus is active, the maximum bet is €5, according to Cobra's FAQ as of 5 October 2026. Only one source (LCB) gives a 14-day wagering deadline; not confirmed by the operator. LCB and an AskGamblers forum thread both say Skrill and Neteller deposits do not qualify for promotions; we have not checked this with the operator.
For existing players, VIP50, WSPORT and LIVE are the codes listed on the operator's promotions page (8 October 2026). Only one source (LCB) lists a 10% cashback on live casino games every Thursday; not confirmed by the operator. The operator's terms list withdrawal limits of €500 per day, €2,500 per week and €10,000 per month at the Serpent VIP level (5 Oct 2026), which also caps how fast bonus winnings reach you.
Cobra's payments page names a Tobique Gaming Commission (New Brunswick) licence, No. 0000002, held by Novatrix S.R.L. (as of 5 October 2026). Accepts players from Germany (Casino Guru, 4–5 Oct 2026); according to Casino Guru, the site and live chat are available in German.
FAQ
How big is the Cobra Casino welcome bonus?
Three deposit stages: 100% up to €1,000 + 250 free spins, then 50% up to €1,000 + 50 free spins, then 125% up to €600 (operator website, 8 Oct 2026). The minimum deposit is €20.
Do I need a bonus code for the Cobra welcome bonus?
No. The welcome package is credited without a code. VIP50, WSPORT and LIVE are codes for separate offers.
Does Cobra Casino have a no-deposit bonus?
Not as of 8 October 2026. The terms cap winnings from a no-deposit bonus at €30, but no such promotion is running.
What is the wagering requirement at Cobra Casino?
The operator states no multiplier for the welcome bonus, only that any deposit must be wagered three times; AskGamblers gives 40x the bonus, LCB 40x deposit plus bonus. The operator's terms do not state it.
Can I claim the Cobra bonus with Skrill or Neteller?
According to LCB and AskGamblers, no: deposits via these wallets are excluded from promotions. We have not checked this with the operator.
Payment methods mentioned in this text
These payment methods occur in this page's explanatory text. This is not a statement about which methods this casino itself offers - see the table above.