Cobra Casino Australia Review

Posted by Sydney Borton . Last updated:



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About Cobra Casino

What this casino lacks in age, it makes up for with a massive variety of games from top software developers. Cobra Casino was established in July 2020 and has already amassed plenty of great reviews from satisfied users, as well as over 2000 games to choose from.

Cobra has got you covered with a generous welcome bonus of up to $1550 spread across your first three deposits. They also offer a VIP program for avid pokies players, where you can eventually earn 20% cashback on deposits and a 200% match bonus every week.

What are you waiting for? Slither on over to Cobra Casino and spin a few reels.


  • Accepts a huge variety of payment methods
  • Tiered VIP program offering weekly rewards
  • Large library of games


  • Blocked in some countries, not ideal if you travel often
  • Game wagering requirement is high

Welcome Bonuses At Cobra Casino

a green bag with a star in the center

Welcome Bonus 1

Cobra Casino offers up to $1550 in bonuses for your first three deposits. The first deposit is the biggest: a 100% match up to $750 and 250 free spins.

a shiny green diamond icon

Welcome Bonus 2 & 3

The second deposit bonus is a 50% match up to $200 plus 50 free pokies spins, and the third deposit bonus is a 125% match up to $600.

green bag full of money icon

Non-Sticky Bonuses

All bonuses offered by Cobra Casino are non-sticky, which means you can’t withdraw any winnings until the wagering requirements are met. More on this below.

Other Promotions at Cobra Casino

Aside from the generous welcome bonus, players can take full advantage of several other casino bonuses and promotions at Cobra Casino. Whether you’re looking for free spins or cashback, Cobra has it all.

VIP Program

If you’re an avid pokies player, Cobra’s VIP program is made for you. Every time you make a wager while playing pokies, you work toward earning points. The VIP program has four tiers, and each one offers better rewards than the last.

The tiers are as follows:

  • Newbie (100-1000 points) – 50 free spins + 7% cashback on Monday deposits.
  • Talented (1000-5000 points)  – 100 free spins + 10% cashback on Monday deposits, and a 30%  bonus on Thursday deposits.
  • Experienced (5000-10,000 points)  – 15% cashback on Monday deposits, a 50% bonus on Thursday deposits, and $30 (with a 5x wagering requirement).
  • Master (10,000+ points)  – 20% cashback on Monday deposits, a 200% bonus on Thursday deposits, and $150 (with a 10x wagering requirement).

Tuesday Free Spins

If you make a deposit on any Tuesday, you’ll receive some free spins. The amount that you deposit determines how many free spins you receive:

  • $30 – $74 deposit = 25 free spins
  • $75 – $149 deposit = 50 free spins
  • $150+ deposit = 100 free spins

Birthday Bonus

Happy birthday to you! Cobra gives you a 100% match bonus up to $200 for your birthday each year. It can be redeemed on your birthday, the day before, or the day after, but only once.

Highroller Bonus

If you qualify for Cobra’s VIP program, you can take advantage of the highroller bonus up to twice per month. This bonus allows you to grab a 30% match up to $1500.

Game Wagering Requirements

All bonuses have a wagering requirement that needs to be met before funds can be withdrawn unless otherwise specified. Cobra Casino’s rate is higher than most casinos at 40x, so 40x the amount of the bonus received needs to be wagered. Although this is a bit steep, there are plenty of bonuses to take advantage of, so you get your money’s worth.

For free spins, the wagering requirement is 25x, and for cashback, it is only 3x.

Different games are weighted differently when it comes to meeting the wagering requirement. 100% of most pokies wagers go toward this, as well as 10% for table game wagers, 20% for video poker wagers, and 5% for craps wagers.

Some games are excluded from this, and you can find the full list of terms and conditions on Cobra Casino’s website.

From bingo to blackjack, they’ve got it all. Cobra Casino has over 2000 games in their catalogue from some of the biggest software developers in the business (Evolution Gaming, Playtech, NetEnt, PlaynGo, Betsoft, and 1×2 Gaming, to name just a new), so the only problem you’ll face is choosing which ones to play first.

Cobra makes sure to keep their library up to date with the latest holiday-themed games, so you can celebrate Christmas, Halloween, St. Patrick’s Day, and even Easter with some good old-fashioned gambling. Can’t decide which game to play? No problem. Cobra offers a unique feature where you can play up to four games at a time, all on the same screen. Gone are the days of opening multiple tabs to play all the games you want to play!

Banking Methods at Cobra Casino

Credit Cards

Credit Cards

Debit Cards

Debit Cards



Bank Transfers

Bank Transfers





Having a variety of payment methods is the mark of a good online casino. Making deposits and withdrawals accessible to customers through as many means as possible just goes to show that they care. Cobra Casino offers a whopping 23 methods for making deposits, and 20 methods for withdrawals. Some of the accepted deposit methods include the usual credit cards, e-wallets like Skrill and ecoPayz, e-transfer services like Interac and Neteller, cryptocurrencies, and more. With all of these options, you’re sure to find at least one that suits your needs.

While many online casinos charge a withdrawal fee for some methods, Cobra Casino claims they do not charge any withdrawal fees. They also aim to process all withdrawal requests within 12 hours, provided that you have properly verified your account and your identity to them prior to your request, and processing time can be anywhere from instant to 7 days. Cobra’s maximum withdrawal amounts are $700 per day, $3500 per week, and $14000 per month.

Cobra also accepts numerous other currencies on top of AUD, including EUR, USD, CAD, NZD, NOK, PLN, RUB, JPY, KZT, INR, BTC, BCH, LTC, and ETH.

Other Information About Cobra Casino

Here are some other important details to take into consideration when looking at Cobra Casino.

Mobile Compatibility

Mobile Compatibility

Being able to play your favourite casino games on the go is definitely a plus. While Cobra Casino doesn’t have a downloadable mobile app, their site is compatible with mobile devices, so you can play in the web browser of your smartphone or tablet whenever you want.

Customer Support

Customer Support

Cobra Casino has an awesome customer support team to help with any questions you may have. You can contact them through a form on the website, or send them an email if it’s not urgent. If you’d prefer a response right away, you can message their support team through the chat bubble on the site, which is available 24/7.

Safety & Security

Safety & Security

Cobra Casino holds licensed from the authorities of Curacao and Cyprus, so rest assured they are a legitimate, safe website. Although Cobra is a relatively new casino, it is owned by Dama N.V., an online gambling company that owns over 30 other online casinos. They are a respected name in the online casino business and use top-notch security measures to keep your information safe.

Cobra Casino FAQs



Min Deposit $15


300 Free Spins

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