LyraBet Casino Review (2025) - Huge Deposit Match Bonus Offer
LyraBet Casino was launched in 2025 and is operated by DMG Solutions B.V. As one of the newer online casinos, it already impresses with its huge library of over 5,000 games. However, there are also a few downsides to consider.
LyraBet is operated by DMG Solutions B.V. The platform is licensed and regulated by the Curacao Gaming Control Board (OGL/2024/1560/0833).
DMG Solutions B.V. also operates several other online casinos, including HappySpins and YaaCasino.
LyraBet's welcome bonus provides new players with a 200% deposit match up to C$1,500.
Promo Code
No promo code is required to receive this welcome bonus.
How It Works
- Open an account
- Make a first deposit up to C$750
- Receive a 200% deposit match bonus
- Wager bonus value 30x
- Before taking the casino bonus, you should check the website's list of excluded games, which won't count towards wagering. Eligible slots contribute 100%, with scratch games, live casino games, jackpot games, table games, video poker games, and virtual games reduced to 0%.
- The casino terms state that a win limit of C$15,000 may be placed on promotions, but the enforcement of this clause is subject to management's discretion.
Wagering Requirements
The bonus funds must be wagered 30x. For example, players depositing the maximum C$750 will receive C$1,500 in bonus funds and would need to wager C$35,000 on eligible games before winnings can be withdrawn.
Wagering must be completed within 3 days of the bonus being credited.
Is the LyraBet Bonus Worth It?
The LyraBet bonus is worth it for many players because you're receiving a huge 200% deposit match, which is one of the most generous promotions you're likely to find compared to other high payout casinos. This is especially the case for high rollers, who can enjoy a massive bonus of up to C$1,500.
A wagering requirement of 30x the bonus value is also on the kinder side of the industry, which tends to average at around 40x.
The only disappointing aspects are the short wagering window of 3 days, a potential win limit of C$15,000, and that wagering is done with your real cash balance, which means you could easily lose your deposit.
Key Benefits
✔️ Huge 200% deposit match - This gives players a large amount of additional credit to test out the site with.
✔️ Generous maximum bonus of C$1,500 - Available if you deposit the highest amount.
✔️ Built-in wager tracker - Useful as a way of monitoring your spending and wagering requirements.
Who Is This Bonus Best For?
✔️ This bonus is ideal for players who'd like to enjoy a large bonus with their first deposit but equally have deep pockets to get through the wagering requirements..
Although LyraBet has a promotions page, it disappoints compared to many other casinos. The site appears to provide users with regular bonuses, but they mainly consist of daily prize drops and prize pools. This is likely to be frustrating for players who enjoy deposit match offers, no-deposit bonuses, free spins, and so on.
However, the platform does redeem itself slightly with a 10% daily cashback system, which LyraBet offers to all users automatically.
LyraBet provides users with many popular banking options, including Visa and Mastercard debit cards, Skrill, Rapid Transfer, Neteller, PaysafeCard, JCB, Sofort, EcoPayz, MiFinity, MuchBetter, and Jetonbank.
The minimum withdrawal is C$75. LyraBet terms state that the platform aims to process withdrawals within 1-2 business days. However, players are expected to wait up to 10 days for funds to reach their accounts.
All deposits not attached to a bonus must be wagered 1x before those same funds can be withdrawn.
Like all new casinos, LyraBet is required to confirm the identification of its users. These checks are performed when a player makes a withdrawal request.
Users must provide proof of identity (passport or driving license), proof of address (recent utility bill), and proof of payment (bank statements, e-wallet statements, or debit card).
Once a KYC check has been issued, players have 30 days to complete the process. The platform aims to verify documents within 2 business days, but users are told to wait for a minimum of 10 business days before escalating to support.
LyraBet hosts a large range of online slots from a great selection of game providers. However, there are a couple of downsides, including limited live casino and table games sections.
Over 4,500 Games
One of the best things about LyraBet is that the platform provides players with a massive selection of over 4,500 games to enjoy. There are plenty of popular software providers, including Play'N'Go, Push Gaming, and Relax Gaming.
However, despite being a dedicated section, there are currently no titles from Pragmatic Play, which some users might find disappointing.
Impressive Jackpot Selection
There are currently over 75 jackpot titles to choose from, including some progressive jackpots, like Jackpot Giant. This must be seen as a positive. However, there are no Jackpot King or Mega Moolah titles, which would have been a bonus.
The most confusing thing about LyraBet when it comes to jackpot games is that there is no dedicated section for them. Instead, players need to use the search feature to locate the site's jackpot titles.
Feature Buy Section
Feature buys have become increasingly popular over the last couple of years. Many players enjoy the thrill of bonus rounds, but would prefer not to spin for a chance of triggering one.
One of the more interesting aspects of LyraBet is that it has a section dedicated to games with feature buys. This makes it much easier for users who prefer that playstyle to find them.
LyraBet provides a few avenues of support. Once logged in, customers can access the 24/7 live chat feature, which must be seen as a positive. Alternatively, users can also send an email to customer support, but should expect to wait longer for a reply.
Outside of these options, the platform also has a Help Centre, which contains articles related to frequently asked questions.
LyraBet falls a little short when it comes to responsible gambling tools. Deposit limits, cooling-off periods, and self-exclusion are available. However, many other casinos provide a more comprehensive selection of tools, such as session limits, reality checks, full account history access, loss limits, and more.
The platform does redeem itself slightly by providing plenty of information about responsible gambling, including a self-assessment guide and links to reputable organisations, such as Gambling Therapy, Gamblers Anonymous, and QuitGamble.
There are a few points I'd like to highlight before you sign up to LyraBet.
Potential Win Limits
One of the most disappointing things about the LyraBet welcome bonus terms is that they state the casino has the right to limit maximum winnings to C$15,000.
However, this clause seems ambiguous because the following sentence indicates the enforcement of this clause is subject to management's sole discretion.
Assuming this clause would be enforced, it would limit the potential for uncapped winnings from the welcome bonus, although C$15,000 would still be considered high compared to many other casinos with limit caps.
Minimum Deposits and Withdrawals
LyraBet casino provides a range of payment methods, but it's important to note that there is a minimum deposit value of C$20 and a minimum withdrawal value of C$75.
Limited Live Casino
Although the platform boasts a great range of over 4,500 games, its live casino is severely limited. LyraBet currently has just over 30 live games available, including blackjack, roulette, and game shows. This could make it difficult for players to find a seat at live tables during busier times.
No Dedicated App
There is no dedicated app, which will be disappointing for users who would prefer not to play via browser. However, LyraBet does seem to run smoothly across mobile devices, so this shouldn't cause too much of an issue.
LyraBet has plenty of positives that most players would enjoy. For example, there is a great library of over 4,500 online slots and other games, which makes it easy to find something you like. The 200% welcome bonus is also generous compared to other deposit matches, and the 30x wagering requirements will make it appealing to lots of different players.
However, there are a few downsides here too, including the limited live casino, which is likely to be frustrating for players who enjoy those experiences over standard games. The minimum deposits and withdrawals also leave a bad taste, but this is unlikely to bother those with larger bankrolls.
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Company Information
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