Spin Palace Review – Enjoy One of the Best Bookmaker Bonuses in the Market

We are witnessing an increased influx of casino operators into the sports betting industry, where several leading casinos are keen on developing a custom-tailored sportsbook to take advantage of the ever-increasing popularity of sports betting.

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Unlike other established bookmakers in the market, Spin Palace started as an online casino and later added sports betting in its product portfolio as part of its global expansion strategy.

Spin Palace has quickly become an industry-leading service provider in the online gambling market, and sports betting seemed to be the next best option for the company to expand its global clientele. Although Spin Palace is a new bookmaker, we expect the company to accomplish itself as a worthy contender in the highly competitive marketplace. In our Spin Palace review, you can find all the information about the essential features of the bookmaker, including its bonus offerings and whether the company is suitable for sports betting in India. Read our full review to know how you can earn a handsome bonus on your first deposit!

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Spin Palace

NOT APPROVED

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by Akshey

Not Recommended Operator

Based on our research and experience with this operator, we're not featuring it on our list of recommended operators. You can select another bookie we’ve verified below.

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**Available to new customers only. Make a qualifying deposit of ₹400 or more and claim the offer within 30 days of registering your account to qualify for 15% of that amount in Bet Credits, up to a maximum of ₹4,000. Once claimed, your Bet Credits will be held in your account balance and are non-withdrawable.
*Geo restrictions apply. Funded account or bet placed 24 hours prior to event required to access.

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*T&Cs apply.

*T&Cs Apply, 18+

Regulation & Licensing Information About the Spin Palace Sportsbook

Spin Palace launched its online casino in 2001, but its sportsbook platform was only set up in 2016. Nevertheless, the company is owned and operated by two different entities, Bayton Ltd and Baytree Ltd, both of which are members of the CityViews Group. The bookmaker is licensed by the Malta Gaming Authority under the Bayton Ltd division, while its Baytree Ltd operations are licensed by the Kahnawake Gaming Commission.

Interestingly, Spin Palace does not have a license from the UK Gambling Commission, even though the company is a part of the BeGambleAware organisation for safe and responsible gambling. The absence of a UK license may deter the company from operating in the UK, owing to the regulatory restrictions, but the bookmaker does cater to the international market through its MGA license. Spin Palace follows all the latest security encryption protocols and state-of-the-art technologies to ensure that its customers are protected from any direct or indirect threats.

Spin Palace Profile
Spin Palace
  • Founded: 2016
  • Location: Malta
  • Network: Europe, Asia
  • Sponsor of: Waterford FC
  • Lisense №: MGA/B2C/145/2007
  • MGA
  • Contact:
    • E-mail
    • Live Chat

Registering for a Spin Palace India Account

Spin Palace is yet another new-age bookmaker that targets the highly lucrative Indian market and has an INR-based sportsbook that offers payouts in Indian Rupees. The Indian version is quite similar to the international version, with only a few minor changes that are done to accommodate the betting options in INR. In order to circumvent the restrictions placed on bookmakers in the country, Spin Palace operates as an online sportsbook, which does not need any authorisations or licenses from the Indian authorities at present. Therefore, punters are relatively free to use the company's sportsbook without any major regulatory hiccups and can register for an account in just three steps.

Clicking on the Register link will take you to a pop-up box, which allows you to choose your preferred username and password and enter your valid email address. For the next step, customers are asked to enter their full name, date of birth, gender, and their preferred currency, which is INR as default for Indian punters. The final step of the registration process asks users to enter their contact information, such as address and phone number, and to accept the 18+ policy agreement and the agreement to receive bonuses from the bookmaker. Once you have completed all three steps, you then can verify your email address, which allows you to deposit funds into your account and place a wager.

Deposit Options for Indian Punters

To deposit funds in INR, Indian bettors can either use bank wire transfer or use their credit/debit card to make a payment. Alternatively, the bookmaker also supports e-wallet deposits through Skrill and NETELLER, which are faster and more secure than bank wire transfer. The minimum deposit for an account is $10, especially if you are looking for a bonus, but there aren't any maximum limits on the deposit amount. All deposits are credited instantly, and you can place a wager as soon as the funds reach your sportsbook account.

How to Withdraw Money from Spin Palace in India

The procedure for withdrawing money at Spin Palace is quite similar to other bookmakers in that you must first ensure that you have verified your identity by sending all the required documents to the company. To confirm your identity, you must submit a copy of your national ID, while proof of address can usually be a utility bill or a bank statement. If you are depositing via your debit/credit card, you must send a scanned copy of your card to the bookmaker before initiating a withdrawal.

You must also make sure that you have completed the minimum turnover volume as stipulated in the bonus terms and conditions, but these only apply if you have availed a bonus. Regular non-bonus punters can send a withdrawal request at any instant and as frequently as they desire. The strong regulatory protection offered by Spin Palace's licenses does create a sense of trust and confidence in the bookmaker's ability to meet its clients' withdrawals, which is one of the reasons why we trust Spin Palace for its reliability and security.

Spin Palace Bonus for Punters

Spin Palace is one of the best bookmakers in the market if you are looking for a substantial bonus on your deposit. With a 100% match bonus, Spin Palace offers up to $200 in free betting credits for international users, while Indian punters stand to receive around INR 20,000 (Indian Rupees) on their cumulative deposits. The bonus amount is undoubtedly one of the largest in the market and can be used on a wide variety of markets without any significant restrictions.

Bettors must adhere to the bookmaker's policies while availing the bonus, as all bonus account holders are subjected to minimum wagering requirements. The turnover volume requirements are pegged at five times the initial deposit, which means that you have to wager at least $1,000 in betting volumes if your initial deposit amount is $200. The bookmaker also requires its bonus users to wager on an event with a minimum of 1.3 odds to contribute towards the overall turnover volume.

The bookmaker may also send seasonal promotions, offers, contests, or other bonuses to its users periodically through their official email newsletter. Before taking part in any promotional program, we recommend that our readers always read through the fine print before accepting the company's terms and conditions.

A Brief Evaluation of the Spin Palace Betting Interface

The Spin Palace sports betting app adopts a simple and utilitarian design, especially for punters who are coming from more elaborate platforms that are usually employed by other mainstream bookmakers. We don't have any criticisms per se, but the platform does look dated and minimalistic. The design lacks an aesthetic appeal, especially from our perspective, as we have handled sports betting apps from bookmakers at both ends of the spectrum. The web browser-based instant-play platform has the usual three-column layout, with sports categories on the extreme left, the betting markets at the centre, and a betting slip at the far right.

We can't fault the betting platform for its effectiveness, though, as we could pretty much access all the information that we needed without any complex navigation. We were able to navigate to both live in-play markets and pre-match options through the platform and even bookmark our favourite matches in the schedule provided. However, we found out that the platform does not support live streaming, which is a massive drawback in this day and age. Of course, we do realise that most bookmakers don't support any live streaming for cricket matches, but Spin Palace does not have the option of live streaming on any of its sports categories.

The choice of markets is neatly laid out, and clicking on a sports category will display all the relevant markets that are on offer. The bet slip also features the standard layout, so it is possible to switch between Single, Combo, and System betting. The option to enter a stake, the odds of an event, the number of bets, and the maximum payout for the market are all provided in the bet slip, which makes it that much easier for punters to have a better idea of their betting prospects before placing a wager.

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Spin Palace Mobile App for Betting on the Go

The mobile app duties are assumed by the bookmaker's web browser platform, albeit through a responsive layout. In its mobile guise, the platform comes alive, as the features are more pronounced and vibrant. The switch to the mobile platform was an eye opener, as it felt more premium than its desktop version. We have experienced the same phenomenon with some other bookmakers whose mobile versions felt more useful than their desktop alternatives.

Spin Palace does not have any individualised apps for Android or iOS devices, but the instant-play web version is supported on all mobile devices, including smartphones and tablets. As per our evaluation, we feel that the platform was developed with the mobile user in mind, which might explain why the mobile version looks immensely better than its comparable desktop interface.

Betting Markets & Odds Offered by Spin Palace

PROS / CONS
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  • Free betting credits
  • Deposits are credited instantly
  • Mobile friendly interface
  • Not live streaming for all sports
Spin Palace

NOT VERIFIED

*18+; T&Cs Apply.

Spin Palace has a wide verity of markets and events that are associated with various domestic and international matches, but the choice of odds and the payouts are not quite as extensive as we expected. The odds are quite low for outcomes with a small chance of occurrence, which is quite a common problem among the latest generation of bookmakers. Unlike established bookies, new bookies such as Spin Palace are known to take a conservative route when generating their sportsbook, which can minimise the potential returns for punters.

Despite being at a slight disadvantage, Spin Palace does offer a periodically updated sportsbook that contains variable odds which change according to the match circumstances. The live in-play betting odds for most events are quite comparable to the average odds available in the market, which leads us to believe that the bookie's services are worth considering. However, we would certainly be more pleased if the bookmaker were to offer better payouts for its low-probability events.

Spin Palace Customer Service

The best part of signing up for a Spin Palace sports account is the availability of a 24/7 live support team, which tends to customers' complaints in the most professional manner. You can contact live customer service representatives either through live chat or email, and they will offer the most comprehensive solutions to your problems within an instant. We are indeed impressed that the company has managed to offer a respectable turnaround time for all users, thereby ensuring peace of mind at all times.

Review Conclusion – Spin Palace Versus the Competition

There are some excellent choices in the market to wager on sports from India, with each passing year seeing some new inclusions that are capable of taking the fight to the competition. We are certainly impressed by the way Spin Palace treats its customers, but there are also a couple of shortcomings that need to be addressed to create better options for punters. Nevertheless, Spin Palace is a high-quality sportsbook that offers some of the best options for online sports betting in India, and the bookmaker is indeed one of our most highly recommended online sports betting service providers in the entire market.

Conclusion
Spin Palace

not approved

Our expert has found reasons not to add this bookie to our selection of recommended sites. We suggest you try some of the verified sportsbooks below:

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