The Rollbit Coin, Lottery, Rewards, Trading, and Partnership Program

Rollbit is one of the higher-profile crypto sportsbooks and casino websites we have reviewed. It has its NFT marketplace and sponsors EPL’s Southampton FC and Seria A’s SSC Napoli. So, this is an Internet bookie with some coin in its pocket, pun intended. Below, we, as briefly as possible, try to explain the main features of this site, ones it uses to attract the most hard-core coin-based fanatics in the online gambling sphere.

Read on to learn about what this brand does to stand out from the pack and how it has established itself as a distinct betting and gaming home for crypto gamblers everywhere. Please be aware that if you access this hub from the UK or other regions where Bull Gaming, this platform’s operator, has attained a country-specific license, you will not get any or some of these features.

The Rollbit Coin & Rollbit Lottery

RLB, launched in February 2020, is a cryptocurrency designed by the Rollbit team and functions as this brand’s utility token. It debuted without an ICO and distributed to existing users through an airdrop. Site members must stake their RLB tokens to participate in this platform’s lottery. They can also join teams created by other Rollbit gamblers in an attempt to boost their winning chances. Yet, if they do this, their prize will get credited as a bonus of 110%.

This lottery gets tied to this hub’s profits, with 20% of daily ones added to it, and a new lottery happening every one hundred blocks. Concerning staking, RLB has a cap of five billion tokens, and each lottery round burns a portion of RLBs, supporting the token’s long-term growth. Also, the RLB offers increased Rakeback rates and reduced trading fees, which incentivizes frequent platform use. More on that later.

Rollbit Trading

Rollbit lets you select a coin from an offered selection, where you set a bet amount, choose a payout multiplier, and decide if the price will rise or fall. Users can cash out at any time or set automatic triggers for taking profit or limiting losses. The site also has a Crypto Portfolio that allows you to build/track your investments. The futures trading here is simplified for gamblers, as you can choose multipliers up to x1,000, and this platform provides tools like ROI calculators and price charts for you to implement a strategized approach.

The Rollbit Rewards System

The VIP scheme at Rollbit incorporates a somewhat unique bonus structure. You get seven main categories here; the first five have five sub-tiers each. The main ones are Bronze, Silver, Gold, Platinum, Diamond, Blood Diamond, and Vibranium. To get to the Bronze 1 level, you must wager $10,000 on this site. Silver 1 requires $50,000 in bets, Gold 1 – $200,000, Diamond 1 – $10 million, Blood Diamond – $500 million, and the Vibranium status asks for a stunning $1 billion betting activity.

What do you get through his system? Well, depending on where you stand, you should be able to receive Rakeboosts, daily, weekly, and monthly bonuses. So, as you progress through the noted ranks, you unlock better rewards and potentially higher Rakeback rates.

The Rakeback gives you a portion of the house edge on each bet back, calculated based on the amount of your holdings. Hence, if you have $500,000 in RLB, you can get up to 10% Rakeback. Lower holdings provide smaller rebate, with $100 giving back a 1% rate. Don’t worry about the house edge terminology; this system is valid for betting, as all sports bets have a house edge that varies per market. It gets calculated automatically, but the staff’s formula has not been publicly disclosed for you to analyze. We asked the staff about it, and they said they cannot tell us any info regarding it.

Note that you can switch between Rollback or RLB Rakeback to customize your rewards experience here. Owning a Rollbot (a Rollbit NFT that supercharges your rewards when it gets assigned to your profile) increases this rate to 2.5% and 10% of the house edge, in addition to the normal Rakeback. You can see all the rewards you stand to get via a drop-down menu in the top navigation bar, but we would like to see a left-side section dedicated to this system in that menu.

Now, onto the bonuses. The daily ones are personalized based on your recent activity here, focusing on your profit and loss ratio as well as lossback. These can get claimed once every day and total up to 50% of the house edge on your wagering activity for the previous date. The weekly ones are similar, claimable once every week, and typically dropped every weekend. The same goes for the monthly bonus.

When you activate any of these bonuses, a Rakeboost gets applied. The job of this feature is to temporarily enhance your Rakeback rate. Only one Rakeboost can be active, they do not stack, so do not forget that.

Rollbit Races

These are daily competitions that reward the top wagering players with twenty-five thousand dollars in prizes. Winners add their prizes to their calendars. That is a feature that lets you claim rewards over time. You can snag rewards here daily at midnight, 8 AM, and 4 PM UTC. Know that Rollbit has announced plans to introduce new race formats, including special events with larger cash prizes. That said, the current daily reward pool of 25K is pretty good in our eyes.

The Rollbit Partnership Program

What we have here is an affiliate system that offers various two partner levels, giving affiliates the opportunity to not only earn high commissions and participate in sponsored Rollbit challenges. The program has two levels. The first is called Promising Affiliate, which requires one hundred active signups and $100,000 wagered by these referrals. That gets you a 20% commission. The second is Esteemed Affiliate, available for five hundred active signups and $1,000,000 wagered by these gamblers. It supplies tailored benefits.

Be wary that this system has various conditions for participation, depending on how you choose to promote this site. If you are a streamer, you will have to stream at least an hour of Rollbit content each week, and if you are a YouTuber, you must post one video or more promoting this site in some way. Website owners must keep updated information on this platform and feature the latest promo materials. The latter is Rollbit’s teams’ obligation to contact affiliates and supply them with any newly-created marketing content.

If you are interested in joining the Rollbit partnership (or affiliate) program, you can apply by contacting the site’s support agents..

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