The Jackbit VIP Club Analyzed

Rykeer B.V. is an online gambling operator that functions as a registered business in Curacao. We do not know where its management team hails from, who founded it, and where it runs this brand from. We could not even find any people listed as working at this company or for the Jackbit brand on Linkedin. Nevertheless, we see Rykeer as a trustworthy entity, given that it has operated Freshbet Casino for over four years now and has run Jackbit since 2022 when it founded this hub that we rank highly.

We like the Jackbit crypto sportsbook because it has a decent following, which shows us that loads of people enjoy gambling here. It offers live streaming for many events, which we always consider a massive plus, and it lists multiple sports promos that you can use on a vast array of markets, on top of featuring a VIP Rakeback scheme. As the title of this content piece clearly outlines, the latter is the aspect of this website that we will dive into here, which gets considered one of the main attractions of the Jackbit crypto casino and sportsbook, which we see as a premium blockchain Web bookmaker.

Jackbit’s Rakeback VIP System Explained

Okay, so, if you have looked at the marketing materials for this site, you may have come across a slogan that reads – where every bet comes, followed up with some copy that states that this platform offers an unforgettable experience where you show loyalty to this brand will pay out in multiple ways.

Naturally, when you read that, the first thing you assume is that this crypto casino and sportsbook runs some sort of point-accumulation scheme. That is precisely the case here, as Jackbit’s VIP Club is an eleven-tier loyalty program that you move through via point accumulation. Hence, every made on this platform goes to your VIP credit tally, and different wagering activities contribute differently to how point accumulation gets calculated. For wagering on sporting events, you get a 20% to 30% rate, depending on your loyalty level. In the first one – Rookie, you get the 20% rate. In the last level – Legend, you get the 30% one. Between these two tiers, the starting and ending ones, the bet contribution rate grows by one percent per level. Keep in mind that bets made on events/markets with odds under 1.3 do not get counted toward point accumulation. They will not help you offset losses in any way. The cashout rate in this scheme is 1$ for every one hundred points gathered.

Please note that to get a loyalty cash-out in this club, you must have at least five hundred points to your tally, which is the equivalent of $5.

To move out of the Rookie tier, this system’s initial level, you must collect over ten thousand points. To get to the last – Legend, you must have over seventy-five million points in your tally. The program’s cap is one hundred million. The VIP page suggests that you may be able to get over this point figure, but the staff informed us that doing that will not generate any benefits for you.

Note that the earned Rakeback should get credited instantly. Also, Jackbit’s management retains the right to modify or terminate this program whenever they see fit. We doubt they would end it, but we would not exclude it featuring some changes by the time this article finds you.

The Gaming Contribution Rates

Wagering on casino games and virtual sports will get you the same amount of funds back as betting on sports will in this system. You will have less appealing Rakeback if you choose to play streaming gaming products, where the Rakeback range is between 10% and 20% for live casino bets. You will get even lower rebate percentages, from 1% to 11%, if you stick to mini-games, which are this platform’s provably fair-style ones. The cool thing about this system is that virtually every game type presented here is eligible for point accumulation, and the returned funds come with no wagering requirements. We say virtually everyone because some, like Deal Or No Deal, Craps, Lightning Dice, Dragon Tiger, Top Card, Alien Hunter, Fishing War, Baccarat, Plinko, Super Sic Bo, Roulette, HyperXplorer, Fan Tan, and Blackjack (slot type) do not count towards point-collecting. Consequently, playing these will get you no Rakeback. That is a side tidbit for our casino readers.

VIP User Exceptions

If you open the T&C page at Jackbit crypto casino and sportsbook, you will find a rule stating that the most you can withdraw from your site balance here is $25,000 per week, of the crypto equivalent in the coin of your choice, or $50,000 monthly. That page also adds that for higher-level Jackbit VIP users, exceptions can get made, meaning, if you are a super loyal Jackbit gambler, the site staff will look into your activity, audit it, and then potentially open the doors for you to be able to take out more funds than the max caps discussed. But, know this gets left entirely to the company’s sole discretion. They do not have to do this. Also, if you win over $50,000, by default, this prize will get paid out in installments, but if you are a high-ranking VIP user, you may be able to finagle your way into getting higher installment payments than your regular Joe at Jackbit.

On top of this, the management here informed us that VIP members on this hub get entitled to exclusive benefits. These include dedicated account managers, personalized casino and sports bonuses, and special one-time gifts. The last perk sounds mysterious and super appealing.

For any inquiries about the Jackbit VIP club, you can reach out to this platform’s team at [email protected]. That is a dedicated email address for VIP aid. The general one is [email protected]. It goes without saying that you can inquire about the specificities of this scheme using the live chat window, but we recommend shooting an email to the listed address above.

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