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LyraBet 7.3/10
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LyraBet Review: 200% Welcome Bonus Up to €1,000, 10% Daily Cashback and 67 Game Studios

By BonusTiime Editors ·
Our score: 7.3/10 Good How we score →

LyraBet opens with a first deposit bonus, pays a daily cashback in real money and fills its lobby from a wide roster of game studios.

Software providers add the most to the score, followed by the games library. Bonuses and promotions cost the most, then banking and withdrawals, licensing and security, customer support, responsible gambling and the mobile casino, which leaves the overall result at Good.

LyraBet in Pictures

4 screenshots
Our verdict

Our Verdict on LyraBet

LyraBet earns 7.3/10, a Good result. The game studios lift it most, ahead of the games library, while bonuses and promotions weigh on it most, ahead of banking and withdrawals, licensing and security, customer support, responsible gambling and the mobile casino.

Good forLive casino fansPlayers who want strong regulation

LyraBet holds a Kahnawake Gaming Commission licence. The game categories, the live casino, the size of the catalogue, demo play and the reference studios score in full. The welcome bonus has to be wagered within 3 days and its winnings are capped, and the daily cashback is the only recurring promotion.

Bonuses

Bonuses and Promotions

The welcome offer is a 200% match up to €1,000 on the first deposit, from a minimum deposit of €20; a deposit of €500 or more unlocks the full €1,000. The bonus is activated automatically by the first deposit. Wagering is 30x the bonus amount, met with real money within 3 days of the bonus being credited: the welcome offer page gives the example of a €100 deposit, a €200 bonus and €6,000 to wager. The bonus is play-to-release, so it turns into real money once the wagering is complete, and winnings from any bonus are capped at €10,000.

Bonuses at LyraBet

2 offers
Welcome BonusOne-off

200%up to €1,000Bonus

30× bonus wageringmin €20

Claim Offer →
Cashback10% Daily Cashback - Real Money, No Wagering

10%

When
Daily
Min. dep.
€20
Wagering
30×
Claim Offer

18+ · T&Cs apply

Bonus calculator

Calculate Your LyraBet Bonus

200% match30× wagering
Your starting balancedeposit + bonus€300
Bonus amount200% match€200
Wagering requirement30 × bonus30×
Total amount to wager30× the bonus€6,000
Get your €200 bonus →
Read the full analysisHide the full analysis

Slots count 100% towards the wagering, while table games and live casino count 0%. The bonus terms also list 44 slots that do not contribute, among them Book of 99, Dead or Alive 2, Mega Joker and Divine Fortune. Real money is wagered before bonus funds, and only one bonus can be active at a time. The 3-day window and the cap on winnings are the weak side of the offer.

The 10% daily cashback returns 10% of the day’s net loss linked to deposits, on slots and settled sports bets. It is paid automatically in real money, with no wagering, by 11:00 UTC the next morning, from a minimum of €10. The cashback promotion page sets no upper limit on the cashback, while the Help Centre caps winnings from it at €10,000. Live casino, table games, poker, virtual sports, crash and instant games do not count, and players from Finland, Estonia, Poland, Austria, Latvia, Canada, Brazil, Chile and Peru do not qualify.

The casino declares no public VIP or loyalty programme.

Our rating

LyraBet Rating by BonusTiime

LyraBet is scored across 8 sections, each weighted in the overall score.

7.3/10
Overall Rating

Rated Good.

Why 7.3?

LyraBet’s score rests most on Software Providers and Casino Games. It is held back most by Bonuses & Promotions, then by Banking & Withdrawals, Licensing & Security, Customer Support, Responsible Gambling and Mobile Casino. Software Providers and Bonuses & Promotions weigh the most in the overall score, 20% each.

Licensing & Security (weight 15%)6.9/10Read why

The Kahnawake Gaming Commission licence earns 3 of 6 points. The operating history and operator transparency are not verified.

Banking & Withdrawals (weight 15%)6.5/10Read why

The published withdrawal limit scores in full. The 13 payment methods earn 1 of 2 points and the withdrawal time 1 of 4. The section earns none of the 2 cryptocurrency points. Accepted currencies are not verified.

Bonuses & Promotions (weight 20%)7.0/10Read why

The €20 minimum deposit, the welcome wagering of 30x the bonus and the welcome value score in full. The recurring promotions earn 1 of 3 points. The section loses points on the 3-day bonus validity, on the cap on bonus winnings and on the absence of a VIP programme. The maximum bet with a bonus is not verified.

Casino Games (weight 10%)9.5/10Read why

The 12 game categories, the live casino with game shows, the catalogue of 10,155 games and free demo play score in full. Exclusive games earn no points.

Software Providers (weight 20%)9.0/10Read why

The 17 reference studios score in full. The roster of 67 studios earns 4 of 6 points. Reference names on the roster include Pragmatic Play, Hacksaw Gaming, Nolimit City, NetEnt, Push Gaming, Relax Gaming, Red Tiger and Big Time Gaming.

Customer Support (weight 10%)5.5/10Read why

E-mail earns 1 of 4 points. Round-the-clock availability and support languages are not verified.

Mobile Casino (weight 5%)6.0/10Read why

The 11 site languages score in full. The section earns none of the 3 app points. The mobile website and game search with filters are not verified.

Responsible Gambling (weight 5%)5.5/10Read why

Age and identity verification scores in full. Deposit limits, session limits and reminders, a time-out, self-exclusion and links to gambling support organisations are not verified.

Safety

Licence and Security

LyraBet holds a Kahnawake Gaming Commission licence, number 00953, in the name of SpectraWeb Services SRL, which is listed as both its operator and its owner.

LicenceKahnawake
OperatorSpectraWeb Services SRL
ID check (KYC)Required
Studios

Software Providers

The LyraBet roster counts 67 game studios. Among them are Evolution, Ezugi, Spribe, BGaming, ELK Studios, Quickspin, Thunderkick, Playtech and Blueprint Gaming.

Games

Games Library

The lobby is sorted into 12 categories: slots, live casino, table games, game shows, crash games, feature buy, jackpots, scratch cards, bingo, virtual sports, video poker and sports betting. The catalogue counts 10,155 games, games can be tried in demo mode without an account, and the live casino covers roulette, blackjack, baccarat and game shows. The site also declares a sportsbook.

SlotsLive CasinoTable GamesGame ShowsCrash GamesFeature BuyJackpotsScratch CardsBingoVirtual SportsVideo PokerSports Betting
Live casino
Live rouletteLive blackjackLive baccaratGame shows
Payments

Payments and Withdrawal Speed

LyraBet lists 13 deposit methods across cards, e-wallets, bank options, a prepaid voucher and mobile payment, among them Visa, Mastercard, Skrill, Neteller, MiFinity, Sofort, Interac, Paysafecard and MuchBetter. The minimum deposit is €20 on all of them, and deposits are credited instantly or within a few minutes.

Cashing Out at LyraBet

Withdrawal timewithin 1-3 business days
ID check before payoutRequiredRead the KYC policy
Withdrawal limits
  • Daily5,000 EUR per day
  • Weekly10,000 EUR per week
  • Monthly40,000 EUR per month
See limits by VIP level

40,000 EUR per month; VIP players may get higher limits

Payment Methods

13 options
Cards
Japan Credit Bureau (JCB)MastercardVISA
Read the full analysisHide the full analysis

Withdrawal requests are processed within 1 to 3 business days after verification and are approved or denied within two days; depending on the method, funds can take up to 5 more business days to arrive. The first withdrawal requires an identity document and proof of address, and it is cancelled if the verification is not completed within 3 days. Deposits must be wagered at least once before a withdrawal. The minimum withdrawal is €50, and the Help Centre lists a €3 fee per withdrawal request. Withdrawals are limited to €5,000 per day, €10,000 per week and €40,000 per month, and amounts of €40,000 or more may be paid in instalments.

Mobile

Mobile and User Experience

LyraBet has no dedicated app. The site is available in English, Finnish, Norwegian, German, French, Polish, Italian, Spanish, Portuguese, Greek and Czech.

Help

Customer Support

LyraBet offers customer support by e-mail.

FAQ

LyraBet FAQ

7 answers
Is LyraBet Licensed?

Yes, by the Kahnawake Gaming Commission, with SpectraWeb Services SRL as operator.

What Is the LyraBet Welcome Bonus?

A 200% match on the first deposit worth up to €1,000, for new players depositing at least €20.

What Wagering Applies to the Welcome Bonus?

30 times the bonus amount, played with real money, within 3 days.

How Does the Daily Cashback Work?

Each day, 10% of the net loss on slots and settled sports bets comes back as real money with no wagering, from €10.

How Long Do Withdrawals Take at LyraBet?

Requests are handled within 1 to 3 business days once the account is verified, and the money can take up to 5 more business days to land, depending on the method.

What Do I Need for My First Withdrawal?

An identity document and proof of address; without verification within 3 days, the request is cancelled.

Which Payment Methods Does LyraBet Accept?

Cards such as Visa and Mastercard, e-wallets such as Skrill and Neteller, bank options such as Sofort, plus the Paysafecard voucher and MuchBetter for mobile payment.

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