Finance Times

Czech Online Casino CEO Fired After a 600,000 € Mistake


By Diane Jacobs

If you live in Czech Republic and want to earn some extra money easily, then this may be the most exciting article you'll ever read.

Trusted online casino operator 20Bet s.r.o. has made a costly mistake after launching their online casino in Czech Republic that caused the company to lose hundreds of thousands euros to players.

This glitch has already lost them close to 600,000 euros (about 15,725,000 Czech Korunas) in free spins and cash prizes and the loss will continue to increase until when 20Bet's new customer agreement takes effect.


What Exactly Happened?

Jan Nýdrle, an experienced casino player from Brno who discovered the loophole explains,

"20Bet's new promotional campaign for new customers in Czech Republic was supposed to give up to about 300 CZK (about €11) of free credits to all new customers that deposited at least 300 CZK to their account. Unfortunately for them, they had a typo in the agreement so each new customer can get up to 3000 CZK of free credits.

As a result, people are using the free credits and hitting jackpots. This is costing 20Bet heavily. What is making matters even worse for the company is that there is no way for them to fix it due to the strict gambling laws in Czech Republic which require casino companies to notify at least 7 days in advance before changing their terms and conditions. So getting these bonuses for free is completely legal."


New CEO

20Bet's CEO in Czech Republic, Kevin Boehm was fired immediately after the incident and the new manager Jiří Braun has a lot of fixing to do. Mr Braun responded to our enquiry via email,
"This has been a very unfortunate and costly mistake for the company but we have to learn from it and move on. Czech market is very important to us and we are here to stay even after this costly error for the company."

Here is how Czech people are claiming their free money:

1. They sign up on the 20Bet campaign page in Czech Republic

2. They will make a deposit of at least 300 CZK to verify their account and claim their earnings

3. They use the free credit to win money without a risk of losing - completely legally!

Click here to check if this offer is still available in Czech Republic

UPDATE ():

As of , the free bonus loophole at 20Bet is still available.

20Bet's new customer agreement will become active on
and this loophole can no longer be used.

If you are located in Czech Republic then click here to claim your free bonus now!

    • Ludmila Kotrčová

      I just saw this on the news. Just crazy that they made such error!

      • Ganna Kuželová

        I live in Czech Republic. A friend of mine told me about this opportunity. I have tested it a few hours ago and i can confirm that this loophole still exists. I got 5000 korunas of free credits and won 54902 korunas with my nineth spin :D. Get it while it lasts!

    • Otakar Horna

      The timing of this could not be better. I just needed some extra cash to buy myself a new iphone (Y)

    • Michaela Maděrová

      My friend told me about this the other day and I thought he was joking. Can't believe this is actually true. I'm going to give this a shot. With all the scams online it's hard to find a legit offers now a days.

    • Lucie Steklá

      Even though I was skeptical i went ahead and signed up. Everything looks great. I got 5000 koruna of free credits