Frequently Asked Questions

General

By owning BET tokens on your WAX or EarnBet account you’ll receive a portion of the casino’s profit as a reward. Your share is calculated as followed:

EarnBet casino profit (25% of EarnBet revenue) / Circulating supply of BET tokens * Your amount of BET tokens

The reward can be claimed every second if it meets the minimum amount to claim. See here how to claim.

Dividends can be claimed every second if it meets the minimum amount to claim:

  1. Login” to your EarnBet account
  2. Click on “Dividends” banner at the bottom of the homepage
  3. Whenever your dividends reach the minimum claimable amount you can click the green “Claim Dividends Now” button

The dividends will now be credited to your WAX account or EarnBet account.

EarnBet has a BET token burning program running, which means we are buying back our own tokens from the exchanges and burning them. Burning in this context means they will never be in circulation again. Want to know how much of the total supply is already burned? Click here.

The tokens that are bought from the exchanges to be burned will be send to the waxbetlocked WAX account. The tokens will still be eligible for receiving dividends from the casino. 100% of these dividends will be used to buy back more BET tokens from the exchanges to be burned.

  1. Click on “Create Account” at the top right
  2. Enter your username and click on “Continue to Step 2”
  3. Save the Recovery Words as this is your password for your account.

EarnBet does not have access to your account in any way and is not able to recover your account when you lost your Recovery Words.

  1. After you saved the Recovery Words check the checkbox to confirm and click “Create Account”

Tip: Try logging out and in again before depositing any funds to the newly created EarnBet account.

EarnBet accounts allow you to play all our games without needing to stake any resources for CPU, RAM or NET. Our account system is fully decentralized, meaning only you have access to your funds. Creating an account is also a very easy process!

WAX account (EarnBet.io):

  1. Click on “Login
  2. Click on “Login with Scatter”

EOS account (EOSBet.io):

  1. Click on “Login
  2. Click on “Login with Scatter”

If you don’t have scatter you can download it at get-scatter.com

Yes, EarnBet is 100% provably fair. All bets are recorded on the blockchain. We’ve open sourced our code.

A statistical analysis has been done on over a million bets recorded on the blockchain: Read analysis

Yes, EarnBet has aquired an iGaming License from Curaçao. License #: GLH-OCCHKTW0711072018. You can verify this license by clicking the “GC Curacao” official seal at the bottom of our website.

You submit a seed with your bet, which gets hashed with a unique, sequential bet_id. That hash is then signed by a key pair on our server. The contract knows the public key, and then verifies that this signature is correct. Due to the intricacies of ECC, this signature must be unique and random. This is then used for a provably fair random number. All results can be verified on the blockchain.

  1. Login” to your EarnBet account
  2. Click on the arrow at the top right
  3. Click on “Referral Link”

Now you have your own referral link copied to share it with everyone you like.

The referrer will receive 0.1% of all bets made by the receiver.

Yes. The platform began as EOSBet before changing names in October 2019 in order to have a more mass market appeal. However, our EOSBet brand still exists on the EOS blockchain at eosbet.io.

Deposit/Withdraw

  1. Login” to your EarnBet account
  2. Click on the arrow at the top right
  3. Click on “Deposit Funds
  4. Click on the currency you want to deposit
  5. Send the funds to the given deposit address according to the stated process

  1. Login” to your EarnBet account
  2. Click on the arrow at the top right
  3. Click on “Deposit Funds
  4. Click on “Withdraw
  5. Click on the currency you want to withdraw
  6. Withdraw the funds to the withdrawal address of your choosing according to the stated proces

Minimum withdraw limit is:

  • 0.0001 WAX (= not limited)
  • 0.001 BTC
  • 0.005 ETH
  • 4 XRP
  • 0.5 EOS
  • 0.05 BNB
  • 0.01 LTC
  • 0.003 BCH
  • 100 BET (EarnBet account only)
  1. Login” to your EarnBet account
  2. Click on the arrow at the top right
  3. Click on “Deposit Funds
  4. Click on “Binance Swap

From Binance DEX/chain to WAX chain:

  1. Make sure you have selected the correct swap. It should say “BET on Binance Chain to BET on WAX
  2. You will get a “Binance Chain Deposit Address“ and a “Binance Chain Deposit Memo“
  3. Send your BET tokens from the Binance chain to the given address with the given memo. Do not forget the memo!
  4. After your transaction has been confirmed the BET tokens will arrive on your address on the WAX chain
  5. Start earning dividends for life

From WAX chain to Binance DEX/chain:

  1. Make sure you have selected the correct swap. It should say “BET on WAX to BET on Binance Chain
  2. Enter your Binance Chain Address
  3. Enter the amount you want to convert
  4. Click the “Convert X BET“ button
  5. After your transaction has been confirmed the BET tokens will arrive on your address on the Binance chain

Games

Go to Dice and click on “HOW TO PLAY”

  1. Go to Crash
  2. Enter a “BET AMOUNT”
  3. The game will automatically cashout when the multiplier hits the set “CASHOUT” point.
  4. Click on “Place Bet”

Now the game will start. The multiplier will keep going up until the random crashpoint. At any time you can click the “Cashout” button. If you do that before the chart crashes you will win your set “BET AMOUNT” from step 2 times the multiplier. The game will automatically cashout when the multiplier hit the set “CASHOUT” point from step 3.

  1. Go to Baccarat
  2. Select a chip amount. The chip selected will be highlighted.
  3. Click on “PLAYER”, “BANKER”, “PLAYER PAIR”, “BANKER PAIR” and/or “TIE” to place that chip on one or more of these bets.
  4. You can repeat step 2 and 3 as many times as you want and it will add up automatically.
  5. Click on “Deal Cards”.

The game is Player vs Banker. You are a 3rd party to the game and are betting who is going to win. You can bet one of the two (Player or Banker) will win or bet it will be a tie. Side bets are betting the Player and/or Banker’s first 2 cards are a pair. You are allowed to set a bet for every outcome simultaneously.

Once the game starts. Cards will be revealed for both the Player and Banker. Whoever has the most points wins. Every card (except the 10 card) represents the amount of point as the number of that card. The Ace counts as 1. The 10, Jack, Queen and King count as 0. If either the Player or Banker is dealt a total of 8 or 9, both the Player and Banker stand. If the Player’s total is 5 or less, then the Player will receive another card. Otherwise, the player will stand. When the Player stands, the banker draws on a total of 5 or less. When the cards total go over 9 the first digit will be dropped leaving only the second digit as the score.

Go to Hi/Lo and click on “HOW TO PLAY”

Go to Blackjack and click on “HOW TO PLAY”

On every game you can check the “JACKPOT” checkmark to have a chance on the Jackpot. For more information go to: Jackpot

Altcoins

Altcoins are accepted natively. This means you can just send your altcoin to the altcoin address given by EarnBet on your account to deposit funds. Once you send the altcoins to the altcoin address, EarnBet will convert the altcoin automatically to a WAX token at a 1:1 ratio and a 1:1 value. This specific altcoin WAX token will be added to your WAX / EarnBet account.

From here you can bet at EarnBet.io just like normal.

Once you’re done playing you can withdraw these altcoin WAX tokens directly to your own altcoin wallet/address. Technically, this means you transfer the altcoin WAX token to the EarnBet contract. From there, the real altcoin will be send to your given altcoin wallet/address also at a 1:1 ratio and a 1:1 value.

For both deposit and withdraw the transaction fees (if any) are paid by the player.

Current native altcoins accepted are:

  • BTC
  • LTC
  • BCH
  • ETH
  • BNB
  • XRP
  • WAX
  • EOS

Altcoins that are being researched for feasibility and are planned to be added are:

  • TRX
  • LINK

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