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Socialbet.io Review

Socialbet.io is the first peer to peer Bitcoin casino with true odds. The main objective of the team at Socialbet.io is to bring back the sociability of Bitcoin gambling where people can come together and enjoy the true essence of gambling which is that of a gambler wagering for the pure joy of it.

A 0% house edge creates an even playing field that puts the Bitcoin gambler first. The sole focus is then on the bettor enjoying the provably fair Bitcoin gambling experience and just relying on lady luck alone.

The interface is intuitive and well-designed, even for those not yet used to new cutting-edge type sites that have broken with tradition. The site is transparent with all results clearly displayed on the home page. Bitcoin gamblers can also easily access the leaderboard as well as keep tabs on their own wins which are all stored on the homepage.

Socialbet.io is humanizing online Bitcoin gambling with easy to access games and results, true odds, full trust, and provably fair games. This is a new generation of online gambling which leaves the definition of social gambling as it is, an act of wagering among two or more people with 0% house edge.

Bitcoin Games

The first game that Socialbet.io has introduced is a lottery style game. There are several games on offer where Bitcoin gamblers can play ticketed and timed raffle games purely based on luck.

The site, currently in its beta phase, offers several options including Just a Minute, Sprint, Ruch Hour, Lucky Day, Friday, Full Moon and Santa’s Draw.

Because it is still in its beta phase games are not monetized at this point. Future monetizing programs will be announced in the future, which according to management will be based on memberships, advertisements, and commission from raffled products.

Promotions

There are no promotions currently but keep an eye out for new promotions in the future.

Deposits and Withdrawals

In order to use the Website, users have to complete the registration form and open a User account. Once this has been done Bitcoin gamblers will be able to make deposits.

The cryptocurrency site only accepts Bitcoin at this stage but will be adding Ethereum, Litecoin, Dogecoin, Monero and other altcoins in the not too distant future.

There is a minimum amount of deposit is 0.0000001 BTC.

The minimum amount for withdrawal is 0.00040 BTC

The only fees for withdrawals will be those charged on the Bitcoin network as there are no transaction fees at Socialbet.io.

All withdrawals will be subject to a minimum of 3 confirmation of the gamblers last deposit before a withdrawal can be made.

Support and Security

Bitcoin gamblers who want to know more or ask questions around any aspect of Socialbet.io can contact their team via email.

The site can also be reached via social media channels including Facebook, Twitter, and Telegram.

Socialbet.io is a provably fair site.  The game runs on a random number generator (RNG) from the Ethereum blockchain which allows players to verify their tickets and ensure they are free from any type of scam.

Conclusion

Shout from the rooftops “Whoo Hoo!’ Finally, there is a betting site that is for the people with a 0% house edge. The first casino in the world that offers true odds. Nothing more to be said except get started now! Claim all the Bitcoin that is yours when lady luck is on your side!

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Banking Methods

Deposits

Withdrawals

Socialbet.io Features

Launch Date

March 2019

Registration Requirements

Games

Coins Accepted

Provably Fair

Socialbet.io does not offer any provably fair games

Crypto Faucet

Socialbet.io does not have a crypto faucet

Socialbet.io Screenshots

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Published by Nick Hawke

About the author

Nick is the CEO and founder of The Bitcoin Strip and has reviewed and written about Bitcoin casinos, sportsbooks and poker rooms for 9 years. He first entered the Bitcoin gambling market in 2011 following a widespread closure of poker rooms in the US.

Last updated by Jen Van Lier on August 29, 2019

About the editor

As website manager, Jen contributes reviews and updates to The Bitcoin Strip on a daily basis. Jen worked in the casino industry for 9 years before focusing on Bitcoin in 2016. She writes on subjects ranging from traditional slots all the way through to unique Bitcoin games, provable fairness and Ethereum smart contract gambling.

Socialbet.io Player Reviews

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