Classy Coin Casino

Does the name "Classy Coin" conjure up an ecstatic image of you when the reels of your favorite slot machine suddenly land on a whole row of gold coins, turning you into an instant millionaire? If you sign up to play at Classy Coin Casino, you might be able to turn that not so far-fetched image into reality.

Classy Coin, one of the few reputable online casinos which currently accept players from the U.S.A., is a relatively new online casino, launched in 2011. It is owned by Milore, Ltd. which also owns Grand Parker and Loco Panda (reviewed separately). Like those other two casinos, Classy Coin is licensed in Curacao and powered by Real Time Gaming software.

As soon as you log on to the aptly named site, you cannot help but be impressed by the elegant simplicity of the distinctive white and gold lettering against a sedate black and maroon background. Gold coins and slot machines complete the décor. You can even watch the spinning reels on one machine to see where they land. Can you be that lucky and hit the Classy Coin jackpot, too? Only one way to find out!

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Review

Games

Compared to the giant online casinos boasting a staggering array of 400 games or more, Classy Coin, with 120+ games, is quite small. As you might expect, the emphasis is on slots, although video poker is also well represented. The progressive slots, like Cleopatra’s Gold and Aztec Millions are especially popular. One lucky spin could win you over a million dollars. But Classy Coin is not exclusively for slots. All of the major table games are available, too, just not in as much variety as you will find in the bigger casinos. There are no live dealer games.

 

All of the games have been independently tested for fairness by Technical Systems Testing. Players are assured that TST has determined that the random number generators (RNGs) used by Classic Coin are fair and random and in full compliance with industry standards. However, given the relative newness of this site, this reviewer would like to see more specific information like the date of the last determination, as well as recent verification of the average payout percentages for the games.

 

Deposits and Withdrawals

 

From all indications, Classy Coin provides a safe and secure online gambling environment for its players. The site uses advanced encryption technology to ensure that all personal information and financial transactions are completely protected. Players wishing to review their own financial activity, however, will appreciate the fact that they can do so anytime.

 

There are probably a sufficient number of secure banking options to meet the needs of most players, at least those outside the U.S. However, the choice is not as extensive as at most large online casinos, and even more limited for American players, where MasterCard and Visa are the only accepted deposit methods and check or wire transfer the only accepted withdrawal method.

 

Withdrawals can take up to 10 business days. The minimum withdrawal amount is $100 and the maximum $3,000. However, in practice, $3,000 is the upper limit extended only to VIP players; other players are given a smaller withdrawal max, i.e., $1,000. Banking at Classy Coin needs to be improved. More options for American players and faster withdrawals for everyone would be a good place to start.

 

Welcome Bonus

 

There is no denying that some casino gamblers are primarily slot players, some are primarily video poker and/or table games players, and some will bet on anything! Accordingly, Classy Coin offers a choice of Welcome Bonuses based on individual preference. This is an excellent idea in theory, but in practice, problems can occur.

The prospect of getting $5,000 in bonus money may seem too good to pass up, but in order to receive that big of a bonus, which also is only temporary, you not only need to deposit $2,000 of your own money; you will also have to show a lot of play on the games that are statistically the least favorable to the player. At Classy Coin, the problem is compounded by the fact that the playthrough requirements for withdrawal include both the bonus and the associated deposit and, then, when all is said and done, the bonus itself is not withdrawable.

 

Another stipulation is that while the playthrough is in progress, no unrelated play and no withdrawals whatsoever are permitted. Otherwise, you forfeit the bonus and any winnings associated with it. This reviewer feels that such a requirement is being unnecessarily restrictive. If a casino wants to restrict the playthrough to certain games only, no problem, but players should be free at the same time to enjoy the variety of other games.

 

As for the bonuses which allow table games, the problem there is that these games only count 25%, instead of 100%. Therefore, the playthrough requirement is no longer 30x the bonus and deposit but 120x the bonus and deposit, and even then, you can’t keep the bonus. In addition, play is limited to selected games only; for example, roulette, craps, and baccarat are not allowed. The table games bonuses are not recommended. Lastly, you need to be prepared for the nosedive your account will take when the casino takes the bonus back. Unless you have scored some big jackpots or are otherwise sitting on tons of money, you won’t be able to continue the same level of play indefinitely.

 

In summary, you need to be very careful about depositing and playing only what you can afford. You can always deposit less than the maximum and take a smaller bonus. The minimum deposit is only $21. You can also refuse the bonus.

Welcome Bonus Package - Up to $5,000 (both bonuses combined)

Slots Bonus

First or Second Deposit

• 350% match bonus up to $3,500 on a $1,000 deposit
• Valid only on Slots, Bonus Bingo, Keno, and Scratch Cards
• Minimum Deposit: $21

Slots and Tables Bonus
First or Second Deposit

• 150% match bonus up to $1500 on a $1,000 deposit
• Slots, Bonus Bingo, Keno, and Scratch Cards count 100%
• Blackjack, Perfect Pairs, and Video Poker count 25%
• Minimum Deposit: $21

Tables Bonus - Replaces above package bonus-up to $3,000

First and Second Deposit

• 150% match bonus per deposit, up to $1,500 on a $1,000 deposit
• Valid only on Blackjack, Perfect Pairs, and Video Poker, all of which count 25%
• Minimum Deposit: $21

High Roller Bonus - Replaces all of the above-up to $2,500

First Deposit Only

• 250% match bonus up to $2,500 on a $1,000 deposit
• Valid only on Blackjack, Perfect Pairs, and Video Poker, all of which count 25%
• Minimum Deposit: $700

Terms and conditions are basically the same for all bonuses.

• Playthrough requirements for withdrawal: 30x bonus and deposit combined for games which count 100%, or 120x bonus and deposit combined for games which count 25%*
• The bonus itself cannot be withdrawn
• No play of non-included games while playthrough is in progress
• No withdrawals permitted even of unrelated money during playthrough

*The rules state a 30x playthrough. However, certain games only count at 25%, so the required playthrough for those games is 120x the bonus and deposit combined.

 

Loyalty Program

 

While there is no indication of a comp point system at this casino, Classy Coin offers both slots and table game players what it calls "weekly reload bonuses." These are match bonuses to subsequent deposits to your account, the amount depending on the amount of the deposit. All of the terms and conditions described above for the Welcome Bonuses apply to the reload bonuses.

Another form of player recognition is priority treatment in banking transactions for VIP players. This is nice, but high rollers who are going to spend thousands of dollars might fare better at a larger casino, assuming they are legally allowed to play there. Some online casinos treat VIP players like royalty in many other ways-with lavish gifts, trips, and other perks.

Customer Support is available 24/7 to answer any questions or concerns. The service is available via live chat, phone or email.

 

Exciting Extras

 

As the website states, Classy Coin offers a "fun, fair, regulated, and secure environment" to play your favorite casino games. The generous bonuses, if you can afford them, will give you the ammunition to hopefully be a big winner, too. On top of all that, Classy Coins welcomes Cardschat.com's players from the U.S.!