π°BitBets Casino
BitBets is still in BETA phase. Please join our testing and report any bugs to the SwapBased team over at our Discord.
With BitBets we are aiming to build the most rewarding and community engaging casino, originating from the Base chain and supporting $BASE from SwapBased as a playing ticket!
When BitBets allows more tokens other than $BASE for deposits, like USDT, USDC, ETH, SOL, BTC, etc. the Smart GambAirdrop phase will begin and all users wagers and losses will count towards the airdrop incentives program designed for BitBets. On top of the airdrop program users will also be collecting Cashback and Level Up rewards from their wagers!
For the Smart GambAirdrop ( 6 months after Beta ends ): - Users will receive liquid and iliquid Tokens - at 20-80 ratio respectively - for every $1 they lose on BitBets. - The total value of this tokens will amount to $1, so playing on BitBets during the SGA phase is like earning a share of it's future valuation!
So users can expect a positive ROI DURING SGA phase, this will vary based on profitability of the users.
Note that Cashback and Level Up percentages are related to the house edge from the user's games wagers, i.e, if user A wagers $10,000 on BlackJack and user B wagers $10,000 on Slots, user B's rewards will be higher because slots have an higher house edge.
Users wagers, for the first 6 months after Beta, will have 10% Cashback.
Each Level Up will reward 12.5% per level:
Level 1 : $5,000 Wager;
Level 2 : $10,000 Wager;
Level 3 : $25,000 Wager;
Level 4 : $50,000 Wager;
Level 5 : $75,000 Wager;
Level 6 : $100,000 Wager;
Level 7 : $150,000 Wager;
Level 8 : $200,000 Wager;
Level 9 : $250,000 Wager;
Level 10 : $500,000 Wager;
Level 11 : $750,000 Wager;
Level 12 : $1,000,000 Wager;
Level 13 : $2,500,000 Wager;
Level 14 : $5,000,000 Wager;
Level 15 : $10,000,000 Wager.
Hopefully more to come...
After SGA phase is done, Cashback will drop to 8% and Level Ups to 10%.
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