BetFive Casino Review CLOSED
Since 2020 till present

BetFive Casino Review


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Pros and Cons
  • Many Payment Methods
  • Fast Cashout
  • No or Low Fees
  • Good for Beginners
  • Little Information About the Owner
  • No App Available
  • Casino Details
  • Support Details
  • Payment Details
Games 800+
Licence Malta (MGA)
  • English
  • German
  • Finnish
  • Swedish
Owner Bethard Group
Launched Since 2020 till present
Live Chat Yes
  • Support 24/7
  • Email support
  • 24/7 Live Chat
Withdrawal Time Up to 24 hrs
  • EUR

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Min Deposit $ 0.99 Currency Support USD Payout Time 48 hours Min Deposit $ 5 Currency Support USD Payout Time 48 hours Min Deposit $ 5 Currency Support USD
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Best For…

Head to Betfive if you're looking for a safe and exciting destination where you can play all your favourite games and enjoy a unique sports betting experience. You can get a quick start with a unique Pay'n Play option and benefit from fee-free payments. There's responsive customer support and many lucrative bonuses to choose from. Betfive holds an MGA licence and is also compatible with all mobile devices. What's not to like?

Betfive Casino Bonus

Betfive offers all players the chance to grab something rewarding with its collection of promotions. These deals change regularly, so there's always something new to claim. When we researched the offers for this review, we found plenty of deposit match-up bonuses. As well as reload deals for weekends and cashback offers

Why not try out some of the generous free spins packages? These packs of spins give you the chance to try out new games and 'games of the week', handpicked by the experts at Betfive. The Betfive bonuses also reward all types of players, whether you prefer slots, live dealer tables or sports betting.

Betfive Welcome Bonus

New players at Betfive can get a double match up on their first deposit of up to €100. This is a tasty offering and will boost your balance and give you more chances of winning. The offer can be claimed with a minimum deposit of €20 with any payment option except for PaySafeCard. First deposit: 100% up to €100.

You can wager this deal on any slots, though different percentages apply for other games. Please check these out in the terms before claiming the deal. Wagering is set to 45x the bonus amount, which is pretty steep in our opinion when most online casinos accept 35x. Having said this, Betfive does permit players to bet up to €10 with bonus funds - happy days! There are also zero caps on the amount you can win with the bonus.

The deal is available to claim 7 days after you have created your account, and you then have 30 days to complete the wagering.

Betfive Bonus Code

When you claim your casino welcome deal, you will not need to use a bonus code. The correct amount of bonus cash will be added to your account once your payment is confirmed. With any of the other ongoing offers and bonuses, you can select these on the site, and they will be added with minimal fuss. Or you can view everything that you are eligible for in your account profile bonus area.

VIP Programme

We couldn't find a whisper of a VIP or loyalty scheme at Betfive, which is unusual for an online casino of this size. Nothing is mentioned in the terms and conditions either, which is usually where we find details of VIP bonuses. Maybe this is something that the platform will add later as it builds up its repertoire. 

Development of Betfive

Betfive is owned and operated by Bethard Group Limited - a Malta-based online gambling operator. Betfive was initially launched in 2015 as a Finnish online casino but now operates in many countries worldwide with its MGA gambling licence. The site has received a couple of facelifts to make it more user-friendly in terms of developments. Of course, the game collection has been built on, and there are a few different payment methods available for players.

Games Available

The Betfive games lobby is nicely laid out, and you won't have any hassles finding your way around. The main verticals are displayed at the top of the screen; there are other menus below. With around 1,500 games, you can place your bets on some of the best online slots, jackpots, virtual sports, etc. The lobby is powered by 30 of the most well-loved software developers, including NetEnt, BTG, Evolution Gaming, Quickpsin and Yggdrasil

We had a good rummage through the overall collection and discovered plenty of scratchcards and a couple of fishing games. Though there weren't any bingo games or keno on offer, Betfive focuses mostly on slots.

Slots Selection

The slots on offer are just grand; you'll find all of your favourites, such as Starburst, Gonzo's Quest, Sakura Fortune and Bonanza. You can split up the hundreds of games using the menus, which allow you to filter by Megaways, cash drops and providers. It's also possible to 'heart' the games you enjoy the most and add them to your list for easy access when you log in again.

If you prefer to hunt for a bigger cash prize, you'll be delighted with the jackpots available. We found Mega Moolah, Divine Fortune, Mega Fortune and Hall of Gods. We are offering you the chance to win staggering amounts of cash! Overall there are 43 different jackpot slots available with varied min/max stakes, so there's something for all budgets.

Table Games

This section left us feeling a little deflated as there are just 17 table games. The quality of games is good, but there's only one poker game and zero video poker available. Perhaps this is something Betfive could work on in the future as some players still enjoy the more traditional feel of these games.

Live Casino

Betfive offers one of the best live casino experiences we have seen in a while. The lobby is pumped with favourites from Evolution and Authentic Gaming providers. The different categories of games on offer are:

  • Baccarat
  • Poker
  • Blackjack
  • Roulette 
  • Card games

There are also exciting alternative game show titles such as Crazy Time, Dream Catcher and Monopoly with great 3D bonus rounds. The game thumbnails instantly tell you the minimum and max stakes available and how many seats there are left at any time. The different tables are open at all hours, and there are some VIP games available for high rollers.


With over 20 different markets to bet in, Betfive does offer a great service for sports fans. Not only will you find the most popular sports, such as football and tennis, but you can also bet on Chess and Aussie Rules. The bet slips are easy to use, and the entire sportsbook is simplified, which works well if you're betting on a mobile device.

The odds offered are competitive, and you can place many different types of bets, such as single, combo and system. If you're more into politics, you can currently place bets on the US, UK and EU political scenes. eSports are also available at Betfive. Though the selection is quite small, you can still bet on most leagues.

Betfive for Mobile Devices

The Betfive site is a fully mobile-optimised online casino that you can enjoy using any mobile web browser. It works perfectly with all the main operating systems and adapts well to small and tablet-sized screens. You can also play the entire game collection and enjoy the sportsbook, just as you would on a desktop. There's no difference in quality, and you will not need to download extra software to enjoy the mobile site. 

Payment Methods Available on Betfive

There should be enough payment methods here to satisfy the majority of players. All of the basic options are covered, and Betfive is also one of the few casinos with Trustly Pay's Play. This gets the thumbs up from us and will allow you to play without creating an account. Use your Trustly account to deposit and begin the action straight away!

  • Credit/debit cards: Visa, MasterCard
  • eWallets: Neteller, Skrill
  • Vouchers: PaySafeCard
  • Bank transfers: Trustly, Trustly Pay's Play

The minimum deposit and withdrawal amounts are €20, and Betfive does not charge fees on any transactions. 

Withdrawal Speed

ABetfive processes all cashouts within a 24-48 hour timeframe, which is speedy enough. You will be required to submit your KYC documents once your withdrawals hit the €2,000 mark - which is standard for MGA licensed online casinos. We did notice an unusual clause in the terms, though; your first deposit must be at least €30 and wagered entirely before a withdrawal is permitted. 

Customer Support

Each time we contacted Betfive customer support, we were met with friendly agents who answered us quickly. We did try out the email option and received a response within 2 hours, which is standard. Customer support is available between 08:00 - 01:00 each day in Finnish or English.

Trustworthiness of Betfive

We have no cause for any suspicions when it comes to the reputation of this online casino. It is licensed by one of the strongest gambling authorities, the MGA. It gives players the ultimate peace of mind when it comes to all aspects of safety. The MGA can also act as a support for you should any issues arise with Betfive.

You will find that the site is 100% compliant with all security protocols and GDPR and AML laws. Bethard Group has recently joined the International Betting Integrity Association (IBIA) and acquired gambling licences in Spain, Ireland and Sweden. These licences alone should tell players that the company is 100% legit and trustworthy. 

Betfive Licence

Bethard Group Limited is registered to operate under the laws of Malta with a company registration number of C69565. The head office address is Burlington Complex, Level 1, Dragonara Road, Paceville, St Julian's STJ3141, Malta. The Malta Gaming Authority licences the site with a licence number of MGA/B2C/312/2015

Problems With Betfive

Overall, players at Betfive are happy with the site. We discovered a couple of negative reviews concerning the quick withdrawal times, but that was all. Betfive has been around for over five years, so we expect to see many more problems arising at this stage. The issues highlighted by players were also answered quickly by Betfive - which is encouraging.

Final Thoughts

Betfive is a 100% safe and trusted online casino which accepts players from all over Europe and beyond. It holds a well-respected gambling licence, which gets a firm thumbs up from us. The site is attractive and user-friendly and works very well on mobile devices.

The games collection is large for an MGA casino, and we like the fact that there are so many all-time favourite games available. The sportsbook offers a great experience, and we like that the bonuses on offer also benefit sports bettors and casino players. Payment methods could be more abundant, but we were impressed that players can use the Trustly Pay'n Play option. 

Can I deposit with cryptocurrencies at Betfive?

No, the site accepts fiat currencies only.

What are the average wagering requirements of bonuses at Betfive?

45x is the maximum wagering amount.

How many games are offered at Betfive?

1,500 games, including slots, live casino and table games.

What is the withdrawal processing time at Betfive?

Withdrawals are handled between 24-48 hours, 7 days a week.

Which languages is the Betfive site offered in?

English and Finnish are the available languages on the Betfive website.

Mike Lorente
Mike Lorente verified symbol Author
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Mike has worked as a freelance writer, focusing mostly on writing reviews and opinions on online casinos. In these past years, he has come to know in-depth how casinos operate and what to look for when choosing a casino. He is always happy to share new tips and strategies aimed to help you in your gaming journey. Based in Spain, Mike is a specialist in casino games and a master when it comes to online slot machines, sharing his strategies and tips on our website.
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Reviewed by Julia Attard, Senior Author