- 0% House Edge
- Exclusive Provably Fair Games
- Free Lottery
- Great reputation
- Outdated design
- Slow responding customer support
- No License
- Poorly written terms and conditions
- Cashback with wagering requirements
8Bet.io is a unique anonymous crypto casino launched in 2017. Its uniqueness lies in the fact that it does not make money! The casino has 0% house edge and 100% money back to players. At least that’s what the casino website says. Sounds too good to be true to me. How is this even possible, and is there evidence of a 100% RTP? I will figure it out in today’s review.
How does 8Bet’s Zero-Margin work?
As you know, online casinos, including cryptocurrency ones, are a business. And the purpose of a business is to make money. That is why you should remember that the casino always wins. But the creators of 8Bet.io decided to break this system. They made it very easy. From the two-way house-player relationship, they removed the house.
The creators of this casino have built a gaming platform fully supported by the players—both financially and in the form of donations of their skills. So let’s consider each aspect of the functioning of the casino and compare how it was conceived in theory and what we get in practice.
The site uses cloud servers for data storage and scalable tools to cover current needs only. Since the site is fully functional, I conclude that everything works as intended in this regard.
The project’s creators thought that those players who have the necessary skills would make games themselves. They were going to use the Open-source bounty model and pay bounties from other players’ donations. In what form it is implemented is difficult to say. On the one hand, the casino has in-house games, which means someone created them. On the other hand, the games from a third-party developer appeared on the site, namely slots from the BGaming studio.
If I understood correctly, the last in-house game was released in 2018, so I conclude that things are not going well with the development in the project.
You can set up donations for the project in the Contribute to 8Bet tab. Your account is set to donate 5% of any lottery win by default. In addition, you can stake any amount towards the jackpot pool and receive payouts for each round of the lottery without a jackpot win. The amount of the payout depends on the lottery. All stackers share either 10% or 25% of returns. You can also turn off the donation if you wish.
I surveyed users of the Bitcointalk forum. It turned out that about 70% of those who responded had not heard of this casino. Also, I could not find reviews of 8Bet on affiliate sites, and in general, there are very few mentions of this brand on the Internet. The brand has no social networks accounts, and the thread on Bitcointalk is low active. This indicates that the project’s marketing strategy, which relies on word of mouth, is not working well.
In this regard, the casino is doing great. All in-house games and lotteries support the Provably Fair algorithm. But the appearance of slots from third-party developers has lowered the level of honesty from 100%.
0% House Edge
Unfortunately, this statement cannot be personally verified. Therefore, it remains only to trust the creators of the project. They do not share any additional information on this subject. For example, they describe how money is distributed from lotteries, but there is no information about other games. I contacted support with this question, and they answered me that the return is 100%, taking into account the bonuses issued. And this is not what many players expect. In addition, bonuses have wagering requirements.
Crypto Casinos you might like
Undoubtedly, 8Bet has its advantages over other casinos, but, in my opinion, it has more disadvantages. For example, there are very few games, and their quality is also questionable. Customer support is a nightmare and bonuses are also far from ideal.
If these disadvantages are crucial for you, then I advise you to try BC.Game as an alternative. This casino has a great selection of games, excellent customer support, and an enormous amount of tokens that you can swap anytime. So, if you want to try something new, click the banner below.
8Bet.io supports 7 cryptocurrencies: Bitcoin, Bitcoin Cash, Dash, Dogecoin, Litecoin, Monero, ZCash. All of them are available for deposits, withdrawals, and making bets.
I’ve tested DOGE deposits, and it took around 3 minutes until the sum appeared in my balance.
To withdraw, you must confirm your phone number or email. Also, your deposit should receive several confirmations on the network. After the withdrawal is paid, you will receive a notification with the transaction’s hash. I had no problems withdrawing funds, and the whole process took 5 minutes.
Deposits and Withdrawal Limits
In 8Bet, there is no limit on the minimum or maximum deposit. As for the maximum withdrawal, this limit is not specified anywhere. The minimum withdrawal amounts are shown in the table below.
Bonuses and Promotions
Surprisingly, 8Bet offers quite a variety of bonuses. In addition, they have acceptable conditions compared to some other crypto brands.
No Deposit Bonus
Every day, in the casino thread on Bitcointalk, the admin publishes a promo code for 20 Free Spins. The promo code is available to the first 20 players. The Free Spins value is 0.015 mBTC, the max win is capped at 0.3 mBTC. Winnings from Free Spins must be wagered 40 times. After that, the winnings can be withdrawn, no deposit is required. The bonus is available to both new and existing players.
I managed to try this bonus, but, unfortunately, I won nothing.
New players can double their deposit up to 0.25 BTC. To do this, you need to click “Claim” on the “Promos” tab before making a deposit. Wagering requirements are x15 for bonus + deposit. I can’t tell you more about this bonus, as the casino does not have a page with bonus rules, and support is unresponsive.
Every 12 hours, 8Bet gives you 1 free lottery ticket. The maximum possible win is 1 BTC. I take advantage of this bonus and have already won a small prize by guessing a sequence of 2 numbers.
Scratch Cards Bonus
For every six bought Scratch Cards worth 0.1 mBTC, you get one card for free.
To be honest, I could not understand how the local cashback works. There are no detailed rules on the website. I just realized that it is credited from the second level of the “VIP Program” and has wagering requirements of x30.
Design and Usability
The 8Bet.io website looks weird. And perhaps a little outdated. Nevertheless, the site works fast and without problems. This applies to both desktop and mobile versions. The casino site is only available in English.
The customer support is the worst thing about 8 Bet. I haven’t been able to communicate properly with them. You have to wait from half an hour to several hours for a response. Even if your first message was answered, the following answer will have to wait a very long time. If you do not perform any actions on the site for some time, then you will be logged out. After that, the entire history of correspondence will disappear, and you will again have to wait for hours for a response. That is why I did not have time to make any screenshots of correspondence with support.
And I’m not the only one with this problem. It is the support service and their long responses that other users most often complain about.
First of all, 8Bet is familiar to players as a place to play Bitcoin Scratch cards and the lottery. There are four exclusive scratch card games and three lotteries. In addition, there are 16 slots, 9 of which are in-house, and 7 are from the BGaming provider. For table game lovers, there are two roulette games, also in-house.
All games except slots from BGaming, support the ProvablyFair algorithm. Unfortunately, there are no dice and crash games on the site that would fit perfectly here.
Trust and Fairness
In general, 8Bet.io has a good reputation. There is only one complaint about the casino on the Bitcointalk forum that has been resolved.
On TrustPilot, the site has a low rating. But I always say that it does not reflect the actual reputation of the casino. Many complaints there are presented without any proof. Representatives of 8Bet even responded to complaints, but then they stopped.
But most of all, I’m worried about this item in the rules and conditions. I haven’t found any instances of it being used against players, but it’s worth knowing about for anyone who’s going to play here.