Steven D. Thompson


Cobrabet is a sportsbook owned and operated by the reputable Dama N.V. and licensed by the Government of Curacao. The bookmaker launched in 2020 and has built quite a name since. Read our Cobrabet review to learn more about the bookie.
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18+ | Gamble responsibly | | T&C
Established: 2020
Minimum Deposit: $10
Licenses: Curacao
4.1/10 Betpack Rating

Cobra Review

Cobra Pros & Cons



  • Tons of sports and markets to choose from.
  • Top-notch live betting section.
  • Fantastic range of payment methods.


  • No mobile betting app.
  • No live streaming.
  • Customer support is below par.

Cobra Overview

English, Italian, Spanish, Finnish, French, German, Norwegian, Portuguese, Polish
Loyalty/VIP Programme
100% up to $100
Cobra Extra Features
Bonuses, Tournaments, Casino
Withdrawal Limits
€14000 Per month

Cobra Bonus

Bonus code
First Deposit Bonus
100% up to $100
Minimum Deposit
Minimum Odd
7 Days
Bet type
Single Bet
Excluded bonus payment methods
Maximum Payout

Cobra Payment Methods

Depositing Methods
Withdrawal Methods

Cobra Extra Features

Extra Features

Available Bonuses at Cobra

Welcome offer

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Table of Contents

    Cobrabet Bonus Offers

    Cobrabet has a decent range of bonus offers. You will particularly enjoy wagering at the bookie if you place accumulator bets regularly. Free bet enthusiasts and new Cobrabet bettors will get their fair share of promos too. Let’s analyse Cobrabet bonus offers in more detail. 

    Cobrabet Welcome Bonus

    Cobrabet has a welcome bonus for the sportsbook and it is quite enticing. The 100% up to €100 free bet sign-up offer can be activated on your first deposit with the promo code WSPORT. To get the free bet up to €100, you need to deposit a minimum of €20 or an equivalent in a different currency. The free bet promo must be activated within 3 days of it being issued.

    As for the terms of the welcome promo, you need to know that you can use the free bet in portions and can only wager on the 1.10 to 3.50 odds range. You will have 7 days to play with the free bets before they are removed from your account.

    Cobrabet Free Bets

    Cobrabet is known for offering free bet promos. In fact, the 100% up to €100 welcome bonus offer for the sportsbook is in the form of a free bet too.  

    Cobrabet VIP/Loyalty Program

    Cobrabet has a loyalty program. You start with 0 loyalty points and at level Begin when you open a betting account. Then you have a chance to progress to the following levels:

    • Newbie 100-1,000 points - 7% Monday cashback.

    • Talented 1,000-5,000 points - 30% bonus on Thursday, 10% Monday cashback.

    • Experienced 5,000-10,000 points - 50% bonus on Thursday, 15% Monday cashback.

    • Master 10,000+ points - 200% bonus on Thursday, 20% Monday cashback.

    As you can see, the more you wager, the better your Cobrabet perks are. This is most evident in the Thursday bonus of up to €200 and the increasing cashback percentages.

    Other Cobrabet Bonuses

    Cobrabet has various combo boost promos. With these bonuses, you can increase your potential winnings of accumulator bets by including more selections in your bet slip. Some of the Cobrabet combo promos include:

    • Up to 20% ComboBoost

    • Up to 30% on ComboCybersports

    • Up to 30% ComboSoccerEurocup Boost

    • Up to 25% ComboTennis Boost

    The percentages of these combo boosts are different, but so are the terms and conditions. For instance, the ComboSoccerEurocup boost is activated when you include 3+ events at odds of 1.50 or higher. However, the ComboCybersport Boost is triggered when you add 3+ legs at odds of 1.30 or more. So, it is smart to read the T&Cs of these promos before claiming them. 

    Cobrabet: Design & Usability

    Accessing and using the Cobrabet sportsbook is the easiest thing in the world. Whether you are wagering via a desktop or a mobile device, you will have no problems finding and betting on your favourite sports. Sure, Cobrabet doesn’t have a betting app, but the mobile-optimized version of the site is on par with any top wagering app out there.

    Cobrabet Sports

    Cobrabet has all the sports you need, from soccer and tennis to basketball and rugby. The bookie lets you wager on sports popular around the world. However, it also gives you events no one knew were taking place.  

    Cobrabet Betting Markets

    Cobra is the perfect place for your next sports wager. The bookie has all the main markets, as well as some really exotic bet types. The betting options available at Cobrabet include 1X2, 1st Goal, Over/Under Totals, Handicaps, Corners, Player Props, Combo bets, etc. 

    In-Play Betting & Live Betting

    Cobra has a top-quality live betting section. In it, you can find thousands of matches from all sports, and all these in-play events come with hundreds of live betting options. In addition, the bookie also provides a helpful live stats segment that works great with the myriad of in-play markets.

    Cobrabet Odds

    Cobrabet odds are fair and offer good value. The bookie works with a house edge that is not lower than the industry standard. That Cobrabet margin often results in odds higher than what competitors are offering.

    Cobrabet Live Streaming   

    Cobrabet doesn’t have a live-streaming section. If this changes, you will be the first to know. Provided you come back to this review, of course.

    Cobrabet Mobile App

    The Cobrabet sportsbook is available to Android and iOS users, but only as a mobile version of the site, not as a dedicated betting app. That is rarely a problem, though.

    Cobrabet Customer Service

    Cobra claims to have live chat support. However, Cobrabet’s live chat is more of an email or an on-site form than a live chat feature. Answers are not always instant and you will sometimes need to wait for some time for a help-desk person to answer your queries.

    How to Register at Cobrabet

    If you don’t have a Cobrabet betting account, you can open one in under a minute. Here’s how.

    • Estimated Time Needed: 20:00
    • Tools Needed: Account
    • Supplies Needed: Time, Money
    Visit the Site Step 1

    Visit the Site

    First, use the link we provide to open the Cobrabet website. Next, click on the sign-up button to start registration.

    Enter Your Email and Password Step 2

    Enter Your Email and Password

    A window will open prompting you to enter your email and create a password. Tick the boxes saying you are over 18 and accept the T&Cs.

    Verify Your Account Step 3

    Verify Your Account

    Lastly, the bookie will send a verification link to your email. Click on it and log into your new account.

    Cobrabet Payment Methods

    Cobrabet works with a fantastic range of payment methods for sports betting. These include cash and crypto banking options, such as Visa, Maestro, MasterCard, Neteller, Skrill, ecoPayz, Paysafecard, SticPay, NeoSurf, Bitcoin, Bitcoin Cash, Ethereum, bank transfers, etc.

    The minimum deposit at Cobrabet is €10 or the equivalent in a different currency, while the maximum amount you can transfer to your betting account is €4,000 with most banking options. For crypto deposits, there are no max deposit limits. All deposits are instant.

    The minimum withdrawal amount at Cobrabet is €20, while the maximum is €500, which isn’t very impressive. Withdrawals at Cobrabet are instant for e-wallets and crypto payout methods, while they take 3-5 days with bank cards.

    Is Cobrabet Safe?

    Cobrabet is a safe sportsbook that uses the latest advances in encryption and security technology.

    Cobrabet Gaming License

    Cobrabet is licensed by the Government of Curacao under license no. 8048/JAZ2020-013.

    Frequently Asked Questions

    Does Cobrabet have a Gambling License?

    Yes, it has a Curacao gambling license.

    Which Payment Methods are Available at Cobrabet?

    Cobrabet works with cash and crypto options, such as credit/debit cards, Neteller, Skrill, ecoPayz, bank transfers, Paysafecard, SticPay, NeoSurf, Bitcoin, Bitcoin Cash, Ethereum, etc.

    Does Cobrabet have a Mobile App for Android and iOS?

    No, it doesn't but the site is optimized for mobile bettors.

    What is the Maximum Payout at Cobrabet?

    The maximum withdrawal amount depends on your VIP program level. Experienced and Master level players can get withdrawals of up to €1,000 per day or equivalent in a different currency, €5,000 per week, and €20,000 per month. However, the sportsbook also reserves the right to divide monthly payouts into instalments of €14,000 for payouts bigger than €14,000.

    Is Live Streaming Available at Cobrabet?

    No, it isn’t. Cobrabet currently doesn’t offer live streaming.

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