Update: we no longer recommend Casinia. It runs on an Anjouan (Comoros) licence and did not pass our licence audit, and our rule is that we will not point a reader at an operator whose licensing we cannot stand behind. We have kept this comparison online rather than quietly deleting it, so you can see what changed and why.
That leaves Cloudbet as the operator we do recommend here: a long-running crypto-first casino and sportsbook with a genuine Montenegro licence and a no-wagering welcome package. Below is the straight comparison, no hype. Whatever the offer, the house edge always applies and no bonus changes that math.
At a glance
| Cloudbet | Casinia (not recommended) | |
|---|---|---|
| Rating | 4.8/5 | 3.4/5 |
| Bonus | Up to $2,500 Welcome Package — No Wagering | 100% up to €500 + 200 free spins |
| Wagering | 0x | 35x (deposit + bonus) |
| Payout speed | Under 1 hour | E-wallets/crypto 0-24h; cards 1-3 days; player reports note verification delays |
| Licensing | Montenegro, Curacao | Anjouan (Comoros) |
| Crypto | Yes | Yes |
| Min deposit | 0.001 BTC | €20 |
A note on licences, because it is the whole reason this article changed. Anjouan and Curacao are lower-tier jurisdictions compared with the MGA or UKGC, which offer stronger player-protection and dispute channels. Cloudbet holds a genuine Montenegro licence alongside Curacao, which is what keeps it on our recommended list. Casinia runs on Anjouan (Comoros) only, and did not pass our licence audit — which is why we no longer recommend it regardless of how the rest of the table looks.
Where Cloudbet wins
The headline is the wagering requirement, or rather the absence of one. Cloudbet’s welcome package is 0x, so bonus funds behave far more like real balance than Casinia’s 35x deposit-plus-bonus condition. In practical terms, a 35x requirement means you must bet many multiples of the bonus (and often the deposit too) before withdrawing anything from it — always see the full terms for exactly how it is calculated.
Cloudbet also states payouts under one hour, which is faster and more clear-cut than Casinia’s tiered timing. Its dual Montenegro/Curacao setup is a marginally broader licensing footprint. For a crypto-native player who deposits in BTC and dislikes bonus lock-up, Cloudbet is the stronger fit, and its 4.8/5 rating reflects that.
What Casinia offered — and why it is not enough
Casinia’s pitch was fiat access and a lower barrier to entry: a €20 minimum deposit, friendlier if you are not holding crypto, plus 200 free spins for slots players who value spin volume over headline cash value. Those spins were tied to a 35x wagering requirement, and player reports noted verification delays on withdrawals — friction its 3.4/5 rating already reflected.
None of that survives the licensing problem. A low minimum deposit is worth nothing if you cannot rely on the regulator standing behind the account holding your balance. That is why Casinia came off our recommended list.
The verdict
Cloudbet is the choice, and now the only one of the two we recommend: a genuine Montenegro licence, 0x wagering on up to $2,500, payouts under an hour, and 30+ cryptocurrencies. If you want free spins and a bigger game library instead, Bitcasino is an established crypto casino licensed in Curacao (GCB), with up to 5,000 USDT at 30x and fast crypto withdrawals.
We do not recommend Casinia.
Whichever you pick, gamble responsibly: set deposit and time limits, never chase losses, and treat any bonus as entertainment, not income. The house always has an edge. Full offer terms apply — see each casino’s terms for details. If gambling stops being fun, take a break or use the site’s self-exclusion tools.