Yotta Casino Review & Welcome Bonus
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Yotta is a controversial fintech company that launched in 2019. The app initially offered customers a prize-linked savings account. Instead of interest, they received tickets for a daily prize draw. However, Yotta has now been transformed into a standard sweepstakes casino.
The company relied on Synapse, another fintech firm, to make funds available for deposits and withdrawals at partner banks. In 2024, Synapse filed for bankruptcy. Yotta’s customers then lost access to the money in their accounts. As Yotta is not a bank, customers were not entitled to deposit insurance. They are still fighting for reimbursements.
This fintech crisis has dented Yotta’s reputation. In this review, I’ll explain the current state of play. I’ll discuss the new sweepstakes model, highlight the games you can play, and break down the bonuses on offer. You’ll also learn how Yotta stacks up against leading social casinos like WOW Vegas and McLuck.
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What’s the Yotta bonus code for January 2025?
The Yotta welcome bonus earns you a 50% discount on your first purchase. You can buy 250,000 Tokens for $5 (normally $10) and get $10 free YottaCash.
Much like many sweepstakes casinos, there is also a daily free bonus at Yotta. You can unlock 1,000 Tokens and $0.10 YottaCash by simply logging into your account every 24 hours.
New players can claim this bonus for the first time immediately after signing up. Just select “Shop” on the main menu and scroll down to “Play for free.” You can then hit “Claim,” and you’ll get 1,000 Tokens and $0.10 YottaCash. That allows you to start playing games right away, without having to make a purchase.
How does the Yotta bonus work?
The Yotta bonus is pretty simple. You’ll be able to buy 250,000 Tokens for a discounted price of $5, and you’ll get $10 free YottaCash.
Here’s how these currencies work:
- Tokens: These coins have no monetary value. You cannot redeem them for prizes, as they are designed for entertainment purposes only.
- YottaCash: This is the site’s premium currency. You can redeem YottaCash for real money prizes if you meet a 1x playthrough requirement. The redemption rate is $1 YottaCash to $1.
Does Yotta have other promotions?
Yes, there are several extra promos for Yotta customers. These are the best bonuses:
- Daily reward: You’ll get 1,000 Tokens and $0.10 YottaCash for signing into your account each day.
- Free Tokens top-up: Yotta will give you more Tokens if your balance ever falls below 1,000 Tokens.
- Referral bonus: You’ll get $5 in YottaCash for every friend you refer. However, you will only get the YottaCash if your friend spends at least $10. Your friend will get $5 in YottaCash too.
- Mail-in request: You can receive $0.05 in YottaCash by sending a handwritten request card to Yotta in San Francisco. However, this bonus isn’t worth claiming, as it will cost you more than $0.05 to send a stamped envelope.
There is also a VIP program at Yotta. Players earn VIP Points by playing games with Tokens or YottaCash. The rate depends on the game you play. These VIP Points allow you to climb up to higher tiers in the program.
You’ll qualify for the Bronze tier if you earn 5,000 VIP points. That will earn you a level up bonus, a monthly bonus, and rakeback. Players can then move up to Silver, Gold, and Diamond. The perks and rakeback rates improve each time you step up.
How to download the Yotta app in New York
Yotta offers a native app for iOS and Android users. Follow these instructions to download it:
- Open the App Store or Google Play and search for “Yotta.”
- Tap the “Get” or “Install” button.
- Use face ID or touch ID to confirm the free download.
- When it is complete, open the app to get started.
The Yotta app has an average user rating of 4.5 stars on the App Store. It has received more than 19,000 reviews, and iOS users are broadly positive.
However, Android users have been far more critical. The Yotta app has an average rating of just 2.4 stars on Google Play, which is poor.
Users on Google Play complained about the 2024 update. They say the new sweepstakes system format is confusing and detracts from the original purpose of the app. Others say that the functionality has declined too. The reviewers make similar points, but this one summarizes their complaints well:
“Formerly amazing. I’ve used this app for a couple years, and managed to save up quite a bit. With the latest update, you no longer get daily tickets, and it has been replaced with limited ‘YottaCash’ to gamble in daily drawings. The reward rates have plummeted, the boxes give you very little, and the nightly drawings have been made worse. This app went from wanting to help people save money, to a blatant cash grab.” – Chace Baker, Google Play
How do I get started at Yotta?
It’s easy to set up a Yotta account. Follow these steps:
- Visit withyotta.com and hit the purple “Get Started” button.
- Enter your email address and choose a password.
- Accept the terms and hit “Join Yotta.”
You’ll then gain access to the site. Alternatively, you can sign up via the app. When you open it for the first time, you’ll be presented with the registration form. Enter an email address, select a password, and complete the form to create your account.
What games can you play at Yotta?
You can play more than 250 games at Yotta. They fall into three broad categories: slots, table games, and Yotta Originals. There are also YottaBall drawings, which give players the chance to win up to $1 million YottaCash.
Slots
Yotta hosts slots from nine different providers. They include BGaming, Booming Games, Endorphina, and Habanero, plus a few small, boutique studios.
The range is relatively small, as there are around 230 slots. Rivals like WOW Vegas and High 5 Casino offer more than 1,500 slots. However, the range at Yotta still covers lots of themes and formats.
You can filter the range by provider, but you can’t search for individual games, which is a little frustrating.
Some of the best games include Lady Wolf Moon Megaways, Coin Strike Hold and Win, and Buffalo Trail. The Snoop Dogg Dollars slot is fun too.
Table games
There are eight table games at Yotta. You can play classic blackjack and Blackjack Lucky 7s. The app also hosts two European roulette games, which feature a single zero.
Players will also fund baccarat, video poker, Texas Hold’em, and Hilo. They are all virtual table games, which use Random Number Generators. There are no live dealer games at Yotta.
Yotta Originals
This section features instant win games and arcade-style games. These games are exclusive to Yotta. You can play classic arcade-style games like Mines, Plinko, Limbo, and Dice.
There are also more esoteric options, such as Chicken Cross and Tower Climb. Fans of crash games may enjoy Moonshot. There is a keno game too. These games have been certified by Gaming Labs, an independent testing agency.
YottaBall drawings
Yotta still runs daily prize draws. The top prize is $1 million YottaCash, which can be redeemed for a $1 million cash prize if you win.
The prize draw takes place at 9 p.m. ET each day. You can buy tickets with YottaCash. Just pick six numbers for each ticket.
These are the prizes:
- Five numbers plus the bonus ball – $1 million YottaCash
- Five numbers– $100,000 YottaCash
- Four numbers plus the bonus ball – $20,000 YottaCash
- Three numbers plus the bonus ball – $200 YottaCash
- Four numbers – $200 YottaCash
- Two numbers plus the bonus ball – $2 YottaCash
- Three numbers– $2 YottaCash
- One number plus the bonus ball – $1 YottaCash
- Bonus ball – $0.50 YottaCash
- Two numbers – $0.40 YottaCash
Large prizes are split if there are multiple winners. That applies to the top three prizes.
Is Yotta the best social casino in New York?
No, Yotta isn’t the best social casino in New York. Rivals like High 5 Casino, McLuck, and WOW Vegas offer a far more impressive range of games.
They also provide larger bonuses, and they offer a superior user experience too. Yotta still has a poor reputation following the Synapse bankruptcy. This company needs to work hard in order to regain customers’ trust and establish itself as a leading sweepstakes casino provider.
Right now, there are better options than Yotta for sweepstakes casino players. Other high-quality alternatives include Pulsz, Crown Coins, and Stake US Casino.
What’s great about Yotta Casino?
- The app is smooth, accessible, and easy to use. Yotta’s website is also clean, uncluttered, and well-designed.
- You can play a strong range of virtual table games and instant win games. Many rivals only offer slots, so this helps Yotta stand out.
- The minimum cash prize redemption is equivalent to $50. That is lower than the minimum threshold at most competitors.
- There are daily prize draws, which give you the chance to win up to $1 million YottaCash.
- Yotta runs a comprehensive rewards program. There are lots of perks, including level-up bonuses and rakeback.
Areas in need of improvement
- Yotta has a bad reputation after Synapse filed for bankruptcy. It could take a while for this to improve, as customers are still fighting for the funds they deposited.
- A larger range of slots would help Yotta compete with rival sweepstakes casinos. It would be great to see games from top providers like Pragmatic Play and Novomatic added.
- There are no live dealer games. This is another area in which Yotta could improve, as the best sweepstakes casinos host live blackjack, roulette, and baccarat games.
Faster customer support would improve the platform. It takes around one day for the agents to reply to messages, whereas some rivals offer instant support via live chat. - A search option would make it easier to find individual games. The app could also add a “Favorites” tab, which would allow players to quickly navigate to their favorite titles.
How do purchases work at Yotta?
Purchases are straightforward at Yotta. Just select the “Shop” tab on the main menu, and you’ll be presented with a range of options. Here are some examples:
- Buy 15,000 Tokens for $1.
- Buy 250,000 Tokens for $10 and get $10 free YottaCash.
- Buy 1,400,000 Tokens for $50 and get $50 free YottaCash.
- Buy 10,000,000 Tokens for $50 and get $300 free YottaCash.
Choose one of the options, and you can then enter your payment details. Payments are instant, so the Tokens and YottaCash will be added to your account right away.
Banking options at Yotta
There are two banking options at Yotta. You can either add a debit card or connect your online bank account. Simply enter your details and confirm the transaction.
If you meet a 1x playthrough requirement on your YottaCash, you can redeem it for a cash prize. The minimum redemption is $50 in YottaCash, which is equivalent to a $50 cash prize.
Standard prize redemptions take approximately three business days. The funds will be transferred to you via bank wire. However, there is also an instant option, which requires you to pay a 1.5% fee.
Customer support at Yotta
Yotta doesn’t offer live chat or phone support. You’ll need to send the team a message, and an agent should reply within one day.
That’s a pretty slow and inefficient process. In fairness, most sweepstakes casinos don’t offer 24/7 live chat support. However, players can benefit from instant support at sites like Stake US and Funrize. It would be great to see Yotta roll out a similar service.
History of Yotta
Yotta has a checkered history. Here are the key developments:
- Adam Moelis, the son of billionaire investor Ken Moelis, teamed up with Ben Doyle to launch Yotta in 2019. The New York-based company welcomed its first customers in July 2020.
- Yotta started out as a prize-linked savings account provider. Depositors received a modest interest rate of 0.2%. The remaining interest went into a daily prize pool, with a top prize of $10 million.
- The top prize was eventually revised to $1 million, but it was never won. However, one player landed a $500,000 prize in a September 2022 sweepstakes drawing.
- In the spring of 2024, Yotta was transformed into a standard sweepstakes casino app. This move upset some customers. They had viewed Yotta as a great way to save money, with regular chances to win prizes, but they had little interest in playing casino-style games.
- Yotta depended on a company named Synapse to make funds available for deposits and withdrawals. Synapse worked with partner banks, such as Evolve Bank in Arkansas.
- In April 2024, Synapse filed for Chapter 11 bankruptcy. The company had a dispute with Evolve, and Yotta was caught in the crossfire. Moelis said that Evolve held $112 million in Yotta customers’ funds, but Evolve disputed this claim.
- At this point, Yotta customers could no longer access their funds. Yotta sued Evolve in September 2024. The company accused Evolve of conspiring with Synapse to take customers’ funds.
- As Yotta isn’t a bank, customers did not receive deposit insurance. In November, 13,725 Yotta customers said they had been offered $11.8 million of the $64.9 million they had deposited. Others said they were paid less than 1% of the funds they had deposited. A group called Fight For Our Funds has been set up to fight for more reimbursements.
Yotta FAQs
No bonus code is necessary to claim the Yotta welcome offer. Simply create an account and head to the “Shop” section. You can then claim a 50% discount on your first purchase. New players can buy 250,000 Tokens for $5 (normally $10) and get $10 free YottaCash.
Yotta was initially set up to offer prize-linked deposit accounts. For every $25 a customer deposited, they would receive one ticket. They could then pick numbers for a weekly prize draw. If the numbers were drawn, they would win a prize. However, Yotta has now been turned into a sweepstakes casino site.
No, you cannot win real money on Yotta. However, you can unlock YottaCash through various bonuses or mail-in requests. If you meet a 1x playthrough requirement, you can redeem the YottaCash for a real money prize at a 1:1 rate. The funds will then be transferred to you via a bank wire.
That depends on who you ask. Many angry customers are still fighting to get their money back after Yotta’s partner, Synapse, filed for bankruptcy. However, in its current format, Yotta is a legit sweepstakes casino. The app complies with sweepstakes laws, and it hosts fair, accurate games from trusted suppliers.
Now that Yotta is essentially a sweepstakes casino, there are several better options at your disposal. The best sites include WOW Vegas, High 5 Casino, and McLuck. They offer more games and larger bonuses than Yotta. Those sites have better reputations too.