Codere
Payouts: instant with MuchBetter. Not licensed in United States.
Codere is the online brand of Grupo Codere (Codere Online, Nasdaq: CDRO), DGOJ-licensed in Spain since 2012 and also live in Mexico, Colombia, Panama and Buenos Aires City. It runs on Codere's own platform, with casino and cash payments at Codere shops.
Pros and cons
Pros
- DGOJ-licensed since 2012; betting and casino licences renewed in December 2024
- Cash deposits and withdrawals at Codere Apuestas shops across Spain
- Instant bank transfers and MuchBetter payouts; PayPal within 8 hours
- Cash outCash outSettling your bet before the event is over, for an amount the bookmaker offers at that moment. Useful to lock in some profit or cut a loss. In the glossary →, bet builderSame game parlaySeveral picks from the same match combined into one bet, such as a goalscorer plus the total of goals. The bookmaker prices the combination itself. In the glossary →, live bettingLive bettingBetting while the event is already under way. Odds move with every goal, card or point. In the glossary → and streaming of selected events
- Also licensed in Mexico, Colombia, Panama and Buenos Aires City
Cons
- DGOJ fines: 2 × €125k (2023, self-exclusionSelf-exclusionClosing your account for a set period so you can’t bet. It can’t be undone early. In the glossary → register), €100k (2024, ads), €17.5k (2025); cut for prompt payment
- Cards, Bizum, Skrill, Neteller and Paysafecard are deposit-only
- No online poker in Spain
- Only half of the €200 welcome offerWelcome offerThe bonus a bookmaker gives new customers, often free bets or a match on the first deposit. Always read the wagering, minimum odds and expiry first. In the glossary → is for sports; the casino half needs 30x in 4 days
- Live streaming only on selected events
Trust Score 8.4
Worked out the same way for every bookmaker, from the facts on this page.
- Licence9.0 DGOJ, JCJ
- Payout speed10.0 Instant with MuchBetter
- Payment choice8.5 4 of 5 kinds: cards, e-wallets, bank, local methods
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Bonus terms–
Not checked yet.
- Betting features8.6 6 of 7 key features
- Safer gambling4.0 Deposit limits, Self-exclusion
Paid placement never changes a score. How we score
Features
Products
- Casino: yes
- Live casino: yes
- Poker: no
- Esports: yes
Betting
- Live betting: yes
- Live streaming: yes
- Cash out: yes
- Bet builder: yes
- iOS app: yes
- Android app: yes
- Crypto payments: no
Safer gambling
- Deposit limits: yes
- Self-exclusion: yes
Not checked yet: Virtual sports, Time-out
Countries
Codere operates in 6 countries.
Available in these countries6
Argentina
Colombia
Italy
Mexico
Panama
Spain
Company and licences
- Licences
- Agenzia delle Dogane e dei Monopoli (Italy), Dirección General de Ordenación del Juego (Spain), Coljuegos (Colombia), Lotería de la Ciudad de Buenos Aires (Argentina), Secretaría de Gobernación, Dirección General de Juegos y Sorteos (Mexico), Junta de Control de Juegos (Panama)
- Group
- Grupo Codere