Ups & Downs
- P2E program
- Dividends sharing scheme
- Well-designed games
- Fast withdrawals
- Modest bonus
- Wagering requirements
Owner:Aurora Tech N.V.
Deposit at least $100 to your account. Multiple deposits count towards the total amount of $100. (WAX is excluded from this promotion). 50x wager requirement (167x for Blackjack).
There’s a lot of misconception regarding metaverse websites and crypto casinos. Many brands masquerade as being blockchain-based, only for players to find out that it’s just a classic casino that accepts cryptocurrencies. Don’t get us wrong, the GamblingVerse team supports the popularization of crypto, but there’s so much more to the blockchain than that. EarnBet.io is a perfect example.
This metaverse gambling site is already stretching the meaning of blockchain casinos. With unique games and a P2E system that rivals projects such as Axie Infinity, it’s one of the best options on the market. In today’s EarnBet.io casino review, you’ll get all the information about banking, available games, and more. Let’s begin.
Bonuses and Promotions
One of the best things about EarnBet.io is that the site’s operators aren’t content with being a crypto casino. Most of the time, sites aren’t all that willing to offer promos. This one, however, uses several different concepts to prove it’s a worthy destination. There are always 3-5 promos, with seasonal ones being switched out all the time. The best ones are:
For all new players, EarnBet.io offers a welcome bonus. After depositing at least $100 in one of the available currencies, you get $50 in Bitcoin (BTC) that you can use in any section on the site. The wagering requirements are 50x, with blackjack being the only exception to this number, at 167x.
What we like about this promo is the fact that there’s a progress bar on the right side of your account page. This makes fulfilling wagering requirements much less of a hassle than it usually is.
Weekly Leaderboard – 10,000 BET in Prizes
There’s also a non-stop tournament going on at EarnBet.io. For every $1 spent, players get one point. At the end of each week (Tuesday, 14:00 UTC), the points are summed up, and the top 10 each receive prizes according to the volume of wagers they’ve placed.
There are no wagering requirements for prizes from the Weekly Leaderboard, and there’s also nothing you need to do to trigger the promotion. Just create an account and start playing games.
Play to Earn Program
One of the best things about this casino is the EarnBet.io P2E program. Not only do most casinos outright refuse to reward their player this way, but this is probably one of the most elaborate ones we’ve seen so far. Here’s how the whole thing works, plus some of the top benefits:
Called the BET Token Rewards, this program lets players earn BET passively while playing casino games.
- The first part involves getting BET through wagers. EarnBet.io gives out 1 BET for each 0.00625 BTC wagered. Keep in mind that cryptocurrencies are volatile assets, which makes this conversion rate prone to change.
- You can stake the BET coins you’ve received for more earning opportunities. The interest rate increases as you extend the staking period. A 7-day staking period increases the amount of BET by 1.1x, while the maximum, five years, multiplies all staked coins by 8.88x. Regardless of the period, the unstaking period is 24 hours, as EarnBet.io staff has to manually review all requests.
- For select games, stakers get a lower house edge, up to a maximum of 0.5%. EarnBet.io is currently the only metaverse gambling site that gives you a mathematically higher chance of winning. The more BET you hold, the lower the house edges will be. As of now, the coin can be bought on Binance DEX or exchanged for other cryptos at Uniswap.
- Perhaps the most impressive aspect of the entire EarnBet.io project is the dividends sharing scheme. All BET holders get a weekly share of the site’s profits. The amount is calculated when operating costs are subtracted from the revenue. Each player gets a cut that corresponds to the amount of BET in their possession.
- All dividends have an expiry date of 90 days. To claim your share, you have to go to the Account section and click the Claim Dividends Now box. After the request is manually processed, the money will be in your account balance. There are no wagering requirements or fees on this amount.
- Stakers automatically become a part of the BET Gaming Network. This is Earnbet’s DAO, which intends to develop further projects in the future, such as a metaverse and more crypto casinos.
Best Features of EarnBet.io
GamblingVerse loves transparency, and that just so happens to be one of the first things that impressed us about EarnBet.io. Not only are all dividend receivers and stakers publicly visible, but every bet is recorded in the blockchain. This means regulators have access to the full bet history in case there’s a possibility of foul play occurring. There’s even a timeline of the most recent bets, including the High Roller and My Bets categories.
Of course, the BET Token Rewards system deserves more praise, but we’d also like to focus on the design itself. The site is very easy to use, even if you’ve never had experience with metaverse gambling before. We love the blog in particular, as it contains information other casinos simply aren’t willing to share.
In total, five games are available in the EarnBet.io casino lobby. Blackjack and Baccarat follow the basic rulebook, while others are more experimental. Dice seems to attract the largest crowds. In this Earnbet title, you get to bet on the outcome of a dice roll. The only problem is that the dice is 100-sided, but there are side bets to make the whole thing more fun.
Hilo is a simple card game that lets you bet on whether the next card will be higher or lower than the first card you received. Crash is a bit out there, too, as players bet on the development of a computer-generated exponential curve.
On top of the aforementioned games, there’s also the Jackpot feature. You can tick it and spin the Jackpot slot when placing any bet. The goal is to get 7777777. If you do, a unique Golden Ticket coin will be added to your account. You can then exchange it for 90% of the jackpot amount. The other 10% is distributed towards BET holders.
Deposits & Withdrawals
EarnBet.io accepts BTC, ETH, LTC, XRP, EOS, BCH, WAX and BNB. The site also supports all major crypto wallets, so you won’t be facing any difficulties when adding funds to your account. All withdrawals above $5,000 are subject to identity verification, per the rules of Curacao eGaming. Individual coins have different minimum and maximum deposits.
The BET token is this casino’s proprietary cryptocurrency. It’s available on Binance’s Exchange and can be swapped for other cryptos at Uniswap. One thing we like about this coin is the fact that you aren’t forced to use it at EarnBet.io. Instead, the casino makes it a worthwhile choice thanks to the BET Token Rewards system and its staking rewards.
As mentioned previously, EarnBet.io gives players the opportunity to stake BET coins. What does this mean? You, the player, are giving the casino these funds for use. After deciding on a period, anywhere from 1 day to five years, the funds are transferred to them, and the rewards are paid using a smart contract. BET is currently stable and gaining popularity, so it’s up to you to decide whether this is a risk worth taking.
EarnBet.io uses the Live Chat client for talking to players. Agents are online 24/7 and usually respond in a matter of minutes. To start a conversation, click the blue bubble in the bottom left corner of the homepage. You will be greeted by a bot, which will then transfer you to the right department.
In addition, Earnbet has accounts on Twitter and Telegram, along with a public chat for all the players to mingle. If you experience an issue, it’s likely that other players will be able to help you. The community seems great, too.
Security & Licensing
EarnBet.io is licensed by Curacao eGaming. Their registration number is 148186. This regular is known for its acceptance of cryptocurrencies, so it seems that this casino made a wise choice. Earnbet also uses encryption and has advanced anti-money laundering (AML) protocols in place. Withdrawals over $5,000 are subject to KYC protocols.
For added transparency, the casino also has a publicly visible Github page. Here, players can find the code for their DApp and fairness software.
EarnBet.io may seem like your everyday casino, but they’re wholly committed to the metaverse, as well as utilizing the blockchain to its fullest extent. While the game library may not be big yet, all the games are well-designed, interesting and include intricate guides. GamblingVerse believes EarnBet.io is a place where players can feel welcome.
The site is also secure, as it’s licensed by Curacao eGaming and uses encryption to protect player data. And since all transactions go through the blockchain, the chances of your funds disappearing are next to none.