How EarnBet Is Revolutionizing On-Chain Crypto Gambling

19. Dec 2020 on Press Release

Despite the sheer size of the cryptocurrency gambling industry, many casinos show little interest in fulfilling on-going user demands. The market has spoken, and it begs for transparency, fairness, entertainment, and actual yields.

Luckily, alternatives exist. With next-gen casinos like EarnBet, gambling enthusiasts can access a number of highly-entertaining, yet profitable games, alongside a plethora of other impressive features. These include a staking mechanism that enables profit-sharing and house edge reduction, support for many of the market’s popular cryptocurrencies, non-custodial asset storage, and of course, betting transparency through on-chain records.

Today’s article will provide readers with an overview of EarnBet’s value proposition.

What games can you find on EarnBet?

  • Dice

Your standard dice game, but different. EarnBet’s Dice title is not only open-source, but also audited for fairness by an independent third party. In Dice, you seamlessly control your win chances, by betting on the outcome of a dice numbered from 1 to 100.

  •  Blackjack

With the lowest house edge amongst all games, EarnBet’s Blackjack is a thrilling experience. Hit 21, beat the house, get insurance, and profit!

  • Baccarat

Baccarat certainly brings out those old school casino vibes. With a stylish interface, users can wager on baccarat using plenty of cryptocurrencies.

  • Crash

A modern choice, for sure. In Crash, players wager against a coin multiplier that’s bound to crash at one point on another. Longer waits increase the payout, but wait too long and you’ll crash, losing your initial bet. An excellent choice for real-time risk play!

  • HILO

In this fantastic card game, you’re dealt one card. Bet on whether the future card will be higher or lower than what’s in your hand. Warning! There’s a high potential for win streaks.

Inside EarnBet’s commitment to fairness and decentralization

Since the casino is decentralized, all bets are publicly and immutably stored on the Wax blockchain, a highly-suitable infrastructure for dApps like EarnBet. EarnBet relies on a RNG that’s provably fair and tamper-proof.

Fancy an impressive welcome offer? How about a hefty jackpot?

After depositing $50, players are rewarded the same amount in bitcoin. Furthermore, those looking to win big can always try their chance with EarnBet’s massive jackpot!  With a prize pool of over $50,000, whoever rolls ‘7777777’ wins!

How EarnBet’s staking mechanism powers profit sharing and house edge reduction

EarnBet’ is not only an optimal choice for players looking for an entertaining gameplay experience, it also welcomes investors and odd-chasing players. To make this happen, EarnBet has launched BET, its very own cryptocurrency. One BET is rewarded for every 0.02 BTC wagered. It’s also purcheable via multiple exchanges like Uniswap, Binance DEX, or P2PB2B. BET can be staked for predetermined lock-up periods to gain access to dividend payouts, corresponding to the casino’s entire profits. By staking, you’re also reducing your house edge, further increasing your winning odds.

Assuring optimal fund security

Thanks to its blockchain infrastructure, EarnBet’s built-in wallet is non-custodial. As such, you control your own private key, so fund security is never a concern. Amongst EarnBet’s supported cryptocurrencies, you can find Ethereum, Bitcoin, Litecoin, Bitcoin Cash, Link, EOS, BNB, Tether, and many other popular coins. Since it’s all crypto here, all payments are rapidly processed, at minimal costs.

What’s next?

EarnBet has released several teasers on its official Twitter, highlighting what’s next. Sports betting will soon arrive, thanks to off-chain oracles provided by ChainLink. But that’s not all! Slot games and other cool updates will be ready shortly, capturing the market’s undivided attention.

Bottom Line

The crypto casino market is rapidly advancing, with dApps like EarnBet paving the future. It’s finally time to switch to an on-chain casino that takes fairness seriously, while building fun games and unforgivable betting experiences. Use the BET tokens to further boost your gameplay experience!