Operator Review

Thrill Casino Review (Promo Code NEWBONUS)

Thrill launched in 2025 as a crypto-native sportsbook and casino built around a rewards ladder rather than a classic deposit match. Here is whether it deserves a seat at a baccarat player's shortlist.


TL;DR

  • Thrill is owned by Gravity Unleashed Limitada and holds dual licences from the Curaçao Gaming Control Board (OGL/2024/1052/0508) and the Anjouan Gaming Board (ALSI-202506019-FI1).
  • There is no traditional deposit-match welcome bonus. NEWBONUS is a referral-style code that flags your account for the onboarding rewards path; instant rakeback begins the moment you place your first wager.
  • The live casino runs on Evolution and Pragmatic Play Live, covering standard punto banco, Peek Baccarat, Speed Baccarat, and No Commission Baccarat among more than 80 live rooms.
  • Withdrawals are crypto-only and typically settle in under five minutes for USDT on TRON; there is no stated maximum withdrawal cap.
  • Players based in the United States, United Kingdom, the Netherlands, Cyprus, and Curaçao itself are blocked from registering.

The bonus offer in plain English

NEWBONUS is a referral code, not a coupon that triggers a fixed cash deposit match. You enter it in the account menu or the site footer within 24 hours of creating your account and before your first deposit or real-money wager. Miss that window and the code is void.

What it actually unlocks is access to Thrill's rewards ladder from the first bet. That ladder is built around instant rakeback: a real-time percentage of the house edge on every eligible wager is credited back to your account and claimable through the rewards panel. The cashback rate starts modestly at the entry-level Spark tier and scales to a stated maximum of 70% at the Apex tier for the highest-volume players.

On top of the rakeback, active players accumulate daily, weekly, and monthly bonuses tied to their tier and wagered volume. Weekly bonuses drop on Fridays at 13:00 UTC and expire before the following Friday; monthly bonuses land around the 15th of each month. There are also level-up cash bonuses when you move between tiers, with reload bonuses unlocking from the Surge tier upward.

Critically, no wagering requirement applies to the rakeback component itself. That's a material difference from a traditional welcome bonus where you'd be churning through 35x or 40x on matched funds. You can withdraw rakeback as cash. The trade-off is that there are no free spins and no matched deposit on day one. If you want a flash of headline value, look elsewhere. If you want a return on every hand of baccarat you play over the long run, this structure has genuine merit.

A $10,000 daily race leaderboard runs continuously, with automatic entry from your first wager and a 24-hour reset at 14:00 UTC.


Who owns and licences Thrill

Thrill.com is operated by Gravity Unleashed B.V., a company incorporated in Curaçao, and Gravity Unleashed Limitada, a Costa Rica-registered entity that also holds the Anjouan licence. All verifiable sources point to the Gravity Unleashed group as the operator.

Thrill carries two active licences:

  • Curaçao Gaming Control Board licence number OGL/2024/1052/0508, granted to Gravity Unleashed B.V. The site presently operates under a temporary Certificate of Operation from the Curaçao GCB while the full OGL is active.
  • Anjouan Gaming Board (Government of Anjouan, Union of Comoros) licence number ALSI-202506019-FI1, held by Gravity Unleashed Limitada, verifiable via the Anjouan Gaming Board register.

Anjouan licensing is a relatively lightweight jurisdiction by European standards, though it does impose AML and KYC obligations. The site works with Chainalysis for blockchain analytics and compliance monitoring, which is a credible third-party arrangement for a crypto-native operator. Registration does not demand KYC documents upfront, but the platform can and does request verification before processing larger withdrawals or when AML triggers fire.

One documented complaint worth flagging: a player had their account blocked mid-verification after submitting a passport twice without clear feedback on why the documents were rejected and without recovering their remaining deposit. It doesn't represent the majority of player experience, but it's a fair warning that verification disputes at lightly regulated operators can be slow and opaque.


The baccarat selection

The live casino at Thrill is powered by Evolution and Pragmatic Play Live, with a third supplier, Live88, also in the lobby. That combination gives you access to the most widely recognised live studios in the industry.

From the Evolution roster you'd expect to find: Speed Baccarat (in multiple table instances), Baccarat Squeeze, No Commission Baccarat, Lightning Baccarat, and standard multi-seat punto banco tables across different stake limits. Peek Baccarat is a variant available in the live lobby, running on Pragmatic Play Live's studio infrastructure. The live casino covers more than 80 real-dealer game rooms in total.

The standard house edges on a correctly configured Evolution punto banco table are 1.06% on the Banker bet and 1.24% on the Player bet in an eight-deck shoe with the standard 5% Banker commission. No Commission variants shift the Banker edge to approximately 1.46%. Thrill doesn't publish per-table RTP sheets in the manner of a UK-licensed casino, which is a limitation common to most Anjouan and Curaçao operators. Because the tables themselves are Evolution-certified, the underlying game mechanics are the same as you'd find at any Evolution-powered site globally.

The site doesn't currently offer a standalone RNG baccarat section to speak of. Live tables are the principal offering for baccarat players. High-roller rooms are available by invitation, with Thrill's VIP hosts reaching out to qualifying players directly.

Stake limits across the live lobby are not published in the public-facing FAQ, which is a minor irritation. The practical approach is to filter the live lobby by game type and check the table card, which displays minimum and maximum bet sizes before you sit down.


Crypto-only and what that means for high rollers

Thrill is a crypto-only operator, and that fact is more consequential for baccarat players than it might first appear. The Macau VIP ecosystem runs on HKD cash, junket credit lines, and occasionally Renminbi -- formats that are entirely incompatible with a crypto-native cashier. A Macau-style high roller who wants to drop HKD 500,000 on a Banker bet and settle in cash at the cage simply cannot use Thrill as a primary room. The operational model targets a different demographic entirely: players who hold USDT, BTC or ETH, who are comfortable with on-chain settlement, and who typically come from markets where fiat banking access to gambling sites is restricted. That's a genuine and growing market, but it's not the same market as Crown Melboure's Mahogany Room or the Wynn Macau VIP corridor. If you're funding your account from fiat, the MoonPay and Swapped on-ramps add conversion costs of 3.5% to 6.7% depending on method -- a friction that evaporates once you're operating natively in crypto.


Payment methods and limits

Thrill is a crypto-only operator. Standard fiat methods including debit cards, bank transfers, and e-wallets are not accepted for direct deposits or withdrawals. For players who need to convert from fiat, the cashier integrates MoonPay and Swapped as on-ramp services. Swapped displayed fees of Interac at 4%, Skrill at 3.5%, AstroPay at 6.7%, and Neteller at 3.5% in a Canadian checkout test. These are conversion costs charged by the third-party service, not by Thrill itself, though using them increases the likelihood of a KYC check on your account.

Fifteen cryptocurrencies are supported across multiple blockchain networks, per Thrill's help centre:

  • Bitcoin (BTC) via the native Bitcoin network
  • Ethereum (ETH), USDT, USDC, DAI, LINK, SHIB via Ethereum mainnet
  • USDT and TRX via Tron (TRC-20)
  • BNB, USDT, USDC, DAI, SHIB, LINK via BNB Smart Chain
  • SOL, USDT, USDC via Solana
  • USDT, USDC, POL via Polygon
  • BCH via Bitcoin Cash
  • USDC via Arbitrum
  • XRP via Ripple

Thrill states there is no minimum or maximum deposit limit on any supported cryptocurrency. There is equally no maximum withdrawal limit, so your withdrawable balance is your practical ceiling.

Withdrawal fees are network-specific and displayed at checkout before you confirm. A sample Bitcoin withdrawal carried a fee of 0.00001571 BTC; USDT on Ethereum carries a 1 USDT flat fee. Thrill applies no platform fee of its own above the network cost.

In terms of speed, a $1,000 USDT ERC-20 withdrawal has been independently tested and found to auto-approve in roughly two minutes and confirm on-chain a minute later -- about three minutes end-to-end without any KYC request. Bitcoin settlements are slower by nature, averaging 10 to 30 minutes once broadcast, while Solana can settle in under a minute.


Where you can and can't play

Thrill blocks registration and real-money play for residents and visitors physically present in the following jurisdictions:

  • United States of America
  • United Kingdom
  • British Virgin Islands
  • Curaçao
  • Dutch Caribbean Islands (Dutch West Indies)
  • Netherlands
  • Cyprus
  • Anjouan (the licensing jurisdiction itself)
  • Any country where gambling requires additional local licensing
  • Any jurisdiction subject to US, EU, or UK sanctions or embargo

Most of continental Europe outside the Netherlands and Cyprus is accessible, as are the majority of Asian and South American markets. Using a VPN to bypass geographic blocks is explicitly prohibited under the terms and conditions and can result in account suspension or blocked withdrawals. If the site loads in your jurisdiction, that doesn't automatically mean you can deposit or play; the safest step is to verify country access before funding an account.


The Curzon Street test

Crockfords sat on Curzon Street for nearly two centuries before it closed in 2023, and the particular standard it set for a serious gaming room was this: you knew exactly what the game cost you, the cashier was honest, and nobody tried to sell you a fantasy. Thrill doesn't fail that test outright, which is more than can be said for a good many crypto casinos. The licences are real, the Evolution tables are the same ones you'd find at a properly authorised operator, and the absence of a deposit-match bonus is arguably a point in its favour rather than against it. A 40x wagering requirement on a matched bonus would likely erode more value than the rakeback leaves on the table. That said, the Anjouan licence provides limited consumer recourse by UK or MGA standards. The KYC complaint on record is a reminder that when things go wrong at an offshore operator, resolution is slow and uncertain. The rakeback maths are honest, the withdrawal testing is encouraging, and the baccarat lobby is genuinely well-stocked through Evolution. For players outside the restricted jurisdictions who are comfortable operating in a crypto-native environment and can tolerate lighter regulatory protection, Thrill is a defensible choice. It isn't a gentlemen's club, but it's a decent card room.


Key numbers

Thrill Casino at a glance
Item Detail
Operator Gravity Unleashed B.V. / Gravity Unleashed Limitada
Founded 2025
Licences Curaçao OGL/2024/1052/0508; Anjouan ALSI-202506019-FI1
Promo code NEWBONUS (enter within 24 hours of signup, before first deposit)
Welcome bonus type Rakeback-first rewards ladder; no deposit match or free spins
Max rakeback 70% (Apex tier)
Wagering on rakeback 0x (none)
Live baccarat providers Evolution, Pragmatic Play Live, Live88
Live rooms total 80+
Total games 3,100+
Baccarat variants available Speed Baccarat, Peek Baccarat, No Commission Baccarat, Baccarat Squeeze, Lightning Baccarat, standard punto banco
Payment methods Crypto-only (15 cryptocurrencies across 6+ networks); fiat via MoonPay/Swapped on-ramp
Minimum deposit No minimum stated
Maximum withdrawal No cap stated
Withdrawal speed Approx. 3 to 5 minutes (USDT/TRX); 10 to 30 min (BTC)
KYC on withdrawal Not required by default; can be triggered for large amounts or AML flags
Restricted countries USA, UK, Netherlands, Cyprus, Curaçao, Dutch Caribbean, British Virgin Islands, Anjouan
Banker bet house edge (standard) 1.06%
Player bet house edge (standard) 1.24%

The pit boss takeaway

Thrill is a 2025-vintage crypto casino that's made a deliberate design choice: skip the headline welcome bonus and instead return value continuously through rakeback. For a baccarat player who intends to log serious table hours, that architecture is more honest than a 40x matched deposit that locks your funds for weeks. The Evolution live lobby is the right infrastructure, Peek Baccarat and Speed Baccarat are genuinely useful variants, and the withdrawal testing puts it among the faster-paying crypto operations available. The Anjouan and Curaçao licences are not equivalent to UKGC or MGA protection, and the documented KYC complaint is worth keeping in mind. Enter NEWBONUS at registration, apply it before your first bet, and treat the rakeback as a steady rebate rather than a windfall. That's a reasonable compact for anyone comfortable in a crypto-first room.


Sources: Thrill help centre -- deposit FAQ | Anjouan Gaming Board | Evolution baccarat product pages | Pragmatic Play Live product pages