EOSBet Casino Review
EOSBet Blockchain betting platform has been developed to cater to the gambler’s needs. The casino is fully decentralized, and charges zero transactional fees nor does it have a house edge. The platform allows players from all walks of life to stake their Ethereum coins similarly as the house. Using ETH on this platform is possible thanks to the two full-functional proof-of-concept games the EOSBet.io development team has developed on the Ethereum network. Gamers can enjoy playing smart casino slots and Dice games with an almost zero latency which we will discuss further in this EOSBet review later on.
EOSBet.io Gaming License
EOSBet gambling app which is fully decentralized reached another milestone; it became the first open-source Casino operating on the EOS network to be awarded an online gambling license. Curaçao eGaming awarded the licensed. The latter is one of the world’s first and well established online gambling regulators. Curaçao eGaming makes one of the only four Caribbean Island-based companies that possess a Master Gambling License issued to them by the Caribbean Island State Justice Ministry. It has the authority through this Master License to sub-license worthy online gambling casino.
How Does EOSBet Smart Casino Work?
The smart casino is developed and presented as on-chain gambling mobile dApp. To take part in the gameplay gamblers place EOS wagers on either a well-designed baccarat game or a dice throwing game. EOS uses blockchain tech to grant users with near-zero latency, zero fees and instant transaction times. Using this tech EOSBet network champions trust and, lowers the house edge bringing it down to almost zero and doesn’t charge transactions fees.
In essence, this network eliminates all problems associated with centralized online casinos. These actions have turned this network into one of the most decentralized platforms, it’s the top-rated dApp on the EOS network and commands a whopping $5 million betting volume.
What is a Community-Driven Online Casino?
EOS smart casino platform rewards BET token holders 100% instant profit rewards. Users earn the rewards based on the number of tokens they own. In October 2018, EOSBet rewarded BET token holders with over $1 million 8 weeks after the platform went live. These events are the reason why dApp holds the number one position of a community-driven online casino.
For the past 90 days, EOSBet dApp has been running in beta mode, Frej a top EOSBet executive stated that the platform is on beta mode since they’re working tirelessly to expand the development team and are ensuring that the smart casino standards remain and only evolve to be better.
EOSBet Interactive Gambling License
Thanks to its transparency and trust EOSBet dApp has built, it was awarded an interactive gambling license. The Curaçao license is one of a kind, to honor this event, EOSBet is rewarding its platform users with a new game it’s currently testing. They promise that the game will be entertaining and will be launched alongside a redesign of the site making it even more user-friendly.
EOSbet Promotions 2019
Punters looking for EOSBet promotions and bonuses on this gaming platform will be highly disappointed. Unlike centralized online casinos, EOSBet doesn’t offer cash back, welcome bonuses or VIP-exclusive rewards, instead, gamblers earn dividends whenever they play the numerous games available on the site.
How To Earn BET Tokens
To earn a BET token, players only need to wager 20 EOS. The more they wager and play, the higher the chances they have to win more BET tokens. The number of tokens in one’s possession determines the amount they get paid. The more the token, the higher the profits. Moreover, the dividends are paid for life!
How To Deposit And Withdraw At EOSBet
The EOSBet casino can only take EOS currency. Users should get to this point by adding a Scatter account Google Chrome extension, create the wallet, use Visa, Mastercard, LTC, BCH, ETH or BTC to top up and convert the same into EOS. Gamblers can also top up through a crypto exchange. When it comes to withdrawals, gamblers don’t have to do anything. The instant you win on a bet, your winnings are deposited immediately into your Scatter wallet.
EOSBet Final Thoughts
Like us, you will not be pleased with the lack of bonuses and the limited game offers; however, after registering successfully, you will have more reasons to stay on-board. The EOSBets casino gives you fair, fun and secure betting platform. The games on this network are simple and easy to play because it’s a decentralized network, all the gaming is provably fair. All transactions are instant thanks to the blockchain tech bringing down the house edge to almost zero and eliminating transaction fees.
Deposits and withdrawals are expedited through the Scatter Wallet. The site can be accessed in English, Chinese and Korean. However, there’s a disclaimer decreeing that residents of the United States and China are ineligible to create accounts. To be safe, you are encouraged to check the laws governing your country before you take part in online gambling. Despite being one of the latest decentralized gaming platforms to go live, EOSBet casino has become quite popular and is loved by all types of crypto gamblers.