VIP Terms & Conditions


VIP Program Bonus

1. Loyalty Gifts and Cobras Terms and Conditions

1.1 This feature is available for all users registered on cobracasino.com who are eligible to receive promotions.

1.2 A "Cobra Gift" is a loyalty reward issued by cobracasino.com. There are a total of 30 Cobra gifts, at each stage of the VIP journey.

1.3 Cobra gifts are earned by collecting CP points.

1.3.1 Comppoints (CP) are awarded for playing any slot machine with real money at the exchange rate of 1 CP = 35 NZD; 0.0024 BTC; 0.092 BCH; 0.14 ETH; 0.52 LTC.

1.3.2 Players have one of the 30 levels. Levels change when a certain number of status points is reached.

1.3.3 Status points are not exchangeable for cash or any other type of bonus.

1.4 CP points are earned by placing bets. Only real money bets count towards generating CP points. Playing with bonus funds does not add to the collection of CP points.

1.4.1 For complete CP point requirements per level, refer to the table below for the VIP journey.

1.5 Different games contribute differently to point accumulation. Accumulated points can be viewed in the VIP section of the website.

1.6 This promotion on Cobracasino is not limited in time. However, cobracasino.com reserves the right to modify and terminate the promotion at its discretion and without notice.

1.7 Being a VIP member grants a player benefits such as a personal VIP manager, higher withdrawal limits, and access to exclusive bonuses and games.

1.8 Being a main VIP level - Serpent, Viper, Python, Anaconda, King Cobra grants the player special benefits such as - weekly Sunday cashback, higher withdrawal limits, special Wednesday bonus, and more personalized gifts and cashbacks.

1.8.1 Being at the King Cobra level grants the player a luxurious Mercedes.

1.9 For the full conditions of VIP level bonuses, please refer to the sections below.

1.10 All prizes and free spins will be added within 24 hours of the player reaching the new VIP level.

1.11 All VIP program bonuses upon reaching a level require 10 wagers.

Main Cobra VIP Levels

6) Serpent
  • Serpent Level 7
  • Serpent Level 8
  • Serpent Level 9
  • Serpent Level 10
  • Serpent Level 11

  • 5% Weekly Sunday cashback;

    30% Special Wednesday bonus up to 450 NZD; 0.024 BTC; 0.92 BCH; 1.4 ETH; 5.2 LTC;
    Minimum deposit must be at least 75 NZD; 500 NOK; 200 BRL; 200 PLN; 5,000 RUB; 7,500 JPY; 25,000 KZT; 5,000 INR; 0.025 BTC; 0.092 BCH; 0.14 ETH; 0.52 LTC;

    Withdrawal limit of 500 EUR per day / 2,500 EUR per week / 10,000 EUR per month and currency equivalent

    12) Viper
  • Viper Level 13
  • Viper Level 14
  • Viper Level 15
  • Viper Level 16
  • Viper Level 17

  • 50% Special Wednesday bonus up to 450 NZD; 0.024 BTC; 0.92 BCH; 1.4 ETH; 5.2 LTC;

    Minimum deposit must be at least 105 NZD; 0.0024 BTC; 0.092 BCH; 0.14 ETH; 0.52 LTC;

    7% Weekly Sunday cashback;

    Withdrawal limit of 750 EUR per day / 3,750 EUR per week / 15,000 EUR per month and currency equivalent

    18) Python
  • Python Level 19
  • Python Level 20
  • Python Level 21
  • Python Level 22
  • Python Level 23

  • 70% Special Wednesday bonus up to 450 NZD; 0.024 BTC; 0.92 BCH; 1.4 ETH; 5.2 LTC

    Minimum deposit must be at least 120 NZD; 0.0024 BTC; 0.092 BCH; 0.14 ETH; 0.52 LTC;

    10% Weekly Sunday cashback;

    Withdrawal limit of 1,500 EUR per day / 7,500 EUR per week / 30,000 EUR per month and currency equivalent

    24) Anaconda
  • Anaconda Level 25
  • Anaconda Level 26
  • Anaconda Level 27
  • Anaconda Level 28
  • Anaconda Level 29

  • 110% Special Wednesday bonus up to 450 NZD; 0.024 BTC; 0.92 BCH; 1.4 ETH; 5.2 LTC;

    Minimum deposit must be at least 100 NZD; 0.0024 BTC; 0.092 BCH; 0.14 ETH; 0.52 LTC;

    Customized weekly Sunday cashback;

    Withdrawal limit of 3,000 EUR per day / 15,000 EUR per week / 60,000 EUR per month and currency equivalent

    30) King Cobra

    150% Special Wednesday bonus up to 2,250 NZD; 0.024 BTC; 0.92 BCH; 1.4 ETH; 5.2 LTC;

    Minimum deposit must be at least 180 NZD;

    Customized weekly Sunday cashback;

    No withdrawal limit


    Weekly Sunday Cashback

    1.12 To participate in a weekly cashback from the VIP program, players must have made at least one deposit during the week for which the cashback is calculated.

    1.12.1 To qualify for the cashback, the minimum net loss amount for the previous week in the slots category must be at least 30 AUD; 0.0024 BTC; 0.092 BCH; 0.14 ETH; 0.52 LTC.

    1.12.2 The VIP program's weekly Sunday cashback bonus is calculated based on the previous week's net loss amount (Sunday 00:00 CET until Saturday 23:59 CET). Net loss amount is defined as real money wagered - real money won for the last week.

    1.12.3 The Sunday cashback bonus is subject to a 3x wagering requirement.

    VIP Level 1 Serpent - up to 500 EUR

    VIP Level 2 Viper - up to 700 EUR

    VIP Level 3 Python - up to 1,000 EUR

    VIP Level 4 Anaconda - up to 1,500 EUR

    VIP Level 5 King Cobra - up to 2,000 EUR


    VIP Journey

    The table below shows the value of rewards as well as the points needed to obtain each Cobra gift.


    Required VIP CPRewardVIP Journey Level
    10025 FS1
    25030 FS2
    45050 FS3
    70015 NZD4
    95030 NZD5
    125045 NZD6 / Serpent
    185075 NZD7
    245075 NZD8
    320075 NZD9
    395075 NZD10
    470075 NZD11
    545075 NZD12 / Viper
    6450150 NZD13
    7250150 NZD14
    9250150 NZD15
    11250150 NZD16
    13250150 NZD17
    15250150 NZD18 / Python
    20250750 NZD19
    25250750 NZD20
    40250750 NZD21
    60250750 NZD22
    90250750 NZD23
    1302503,000 NZD24 / Anaconda
    2302503,450 NZD25
    3302503,750 NZD26
    4302504,050 NZD27
    5302504,500 NZD28
    6302505,625 NZD29
    980250Luxury Mercedes30 / King Cobra
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