Rollbit Review

Rollbit Features Overview

As a high-level overview, we have listed the key features and products that the Rollbit Crypto Casino has to offer. All games are subject to different rules, charges and regulations  and can change from time to time so please be sure to check the website for full details.

• Casino Games: Rollbit offers a wide range of casino games, including slots, blackjack, roulette and much more.
• Live Casino: Players have the option to join live casinos rooms where they can interact with real dealers and other players in real time.
• Crypto Sportsbook: The Rollbit sportsbook allows players to place bets on various sporting events including NFL, NBA, Soccer, UFC, eSports and more.
• Rollbit Futures Trading: Players can participate in crypto futures trading with up to 1,000x leverage using the Rollbit exchange platform.
• NFT Trading: The platform has a dedicated NFT (non-fungible token) trading section, where users can buy and sell digital collectibles.

‍

How to Play on Rollbit

The onboarding process for Rollbit is simple and does not require Know-Your-Customer (KYC) information, which means you can get started with an email address and password only. Users can also onboard with Web 3 by connecting their account to a MetaMask Wallet and using funds on-chain to play on Rollbit.

You can follow this step by step guide to start playing on the Rollbit Crypto Betting platform:

1. Sign up with email/password or connect MetaMask Wallet.
2. Deposit Bitcoin (BTC), Ethereum (ETH), USDC (USDC) or other tokens to your account.
3. Find the game you want to play on Rollbit (Slots, Sportsbooks, Futures Trading etc).
4. Input the amount you want to play with and confirm your bet or trade.

‍

How to Buy Rollbit Coin

Rollbit has a native token called $RLB which is the utility token for their casino. Rollbit Coin is based on the Solana (SOL) blockchain and acts as an entry ticket to their lottery, where 20% of the casinos profits are redistributed in prizes. In order to buy Rollbit Coin, you will need to use a Solana DEX like Raydium.

If you are looking to get started, you can follow this simple guide.

1. Visit Raydium and connect your Solana Wallet (we recommend Phantom).
2. Select the RLB/SOL pair and input the amount of SOL tokens you want to swap.
3. Confirm the transaction by clicking 'Swap'. The funds will be swapped instantly.

‍

Rollbit Casino

The Rollbit Crypto Casino is the most popular feature of the platform, with the most users and the most volume moved. They offer all of the popular games, including slots, blackjack, craps, monopoly, wheel of fortune, baccarat and more. The gaming experience is straightforward and easy to use, with a clean interface and secure transactions.

‍

Rollbit Sportsbook

The Rollbit Sportsbook is the next most popular feature of the  platform, allowing players to wager on their favorite sports and eSports. Bettors can place bets on a wide range of sporting events, such as NFL, NBA, soccer, UFC and more. The sportsbook offers competitive odds and is reliable and easy to use.

‍

Rollbit Futures Trading

The Rollbit Futures Trading platform is an advanced feature of the casino which allows players to trade cryptocurrencies with up to 1,000x leverage. Traders can take long or short positions on a variety of trading pairs, and access several tools for technical analysis in order to make informed decisions.

‍

What are the Fees?

Rollbit does not charge any fees for deposits or withdrawals. However, you should note that the minimum deposit and withdrawal amounts may vary depending on the tokens you are using. Also, there may be network fees for transactions when sending or receiving crypto funds.

When it comes to betting and trading fees, Rollbit charges zero commissions.  However, crypto trading on Rollbit does have overnight financing fees and swap fees, which are calculated based on the size of the position.

‍

Is Rollbit Safe and Regulated?

Rollbit's parent entity Bull Gaming N.V. is regulated and licensed in both Curacao and Cyprus, making it a secure platform to use. The companies license number is GLH-OCCHKTW0702112020 and is publicly verifiable on the Curacao Gaming Registrar.

The company also follows all regulations set by the governments in which they operate. Additionally, all users' funds are kept safe and secure in cold (offline) wallets, ensuring that users' funds are never at risk of being stolen or compromised.

‍

Rollbit Controversy

Rollbit was recently caught up in a controversy on Twitter as community members pointed out that the casino had their Curacao gaming licensed revoked. This was on the basis that Rollbit was offering 1,000x derivatives on cryptocurrencies, which did not fall within the coverage of the Curacao Gaming License.

You can find Rollbits official response to them losing thei license here.

‍

Final Thoughts

In conclusion, Rollbit is a cryptocurrency-based online casino that offers a unique and advanced gaming experience for both experienced and novice players. The platform provides a wide range of casino games, live casino rooms, a crypto sportsbook, crypto futures trading, and NFT trading.

Rollbit is licensed and regulated in Curacao and Cyprus, ensuring a secure and trustworthy gambling environment. Despite recent controversy regarding their gaming license, Rollbit remains a popular choice for crypto enthusiasts looking for a comprehensive and user-friendly betting platform.