Rollbit Review

Overview

Launched in 2020, Rollbit is a provably fair crypto casino, trading platform, and NFT gambling site with a diverse selection of casino games including slots, table games, game shows, and exclusive, in-house games. Rollbit is committed to creating a unique and fun experiences for their users.

Rollbit Casino is owned by Bull Gaming N.V. and holds a valid Curacao gaming license. Similar crypto casinos include Stake.com, Roobet, Bitsler, Duelbits, Gamdom, and BC.Game. You can read our full Rollbit review below.

Restricted Countries

Rollbit does not accept players from Aruba, Australia, Bonaire, Curacao, Cyprus, Denmark, France, Iran, Iraq, Netherlands, Saba, Spain, St. Maarten, Sint Eustatius (Statia), United States, or United Kingdom.

We do not recommend using a VPN to create an account at an online casino website. To view our full list of online casinos with country restrictions, click here. You can also view our list of anonymous online casinos.

Customer Support

Rollbit users can contact customer support 24/7 via live chat, chatbox, phone, or email. Rollbit’s customer support email is support@rollbit.com. You can also find Rollbit on the following social media outlets: Discord, Twitter, Facebook, Steam, Twitch, and Instagram.

Security

Provably Fair

Rollbit generated a chain of 6 million SHA256 hashes for each game, starting with a server secret that has been repeatedly fed the output of SHA256 back into itself 6 million times. The online casino then publicized the SHA256 for their provably fair games on their Twitter here.

Players can verify the validity of each Rollercoaster and X-Roulette round played by clicking the “Verified Fairness” link beneath the game window.

License

Rollbit’s parent company Bull Gaming N.V. is licensed and authorized by the Government of Curacao and operates under the Master License of Gaming Services Provider, N.V. #365/JAZ as an Information Service Provider.

The website has passed all compliance and are legally authorized to conduct gaming operations for all games of chance and wagering. You can view their license here.

Bugs

Anyone that finds a bug or security breach that has an adverse impact on Rollbit or the casino’s users will be rewarded appropriately. Examples include bugs that grant unauthorized parties the ability to access another user’s account or bugs that grant unauthorized parties the ability to manipulate player balances. Bounties are limited to bugs with security or business consequences.

Know Your Customer (KYC)

All players must complete step one verification prior to requesting their first cash out. This information includes: First name, last name, date of birth, country of residence, gender, and street address.

Step two verification must be done by every user that deposits over $2000, withdraws over $2000, or sends another user over $1000. This information includes: A selfie of the user, a copy of your passport, and an image of your ID card or driver’s license, all shown alongside a handwritten note mentioning six random generated numbers.

Step three verification must be done by every user that deposits over $5000, withdraws over $5000, or sends another user over $3000. This information includes: Providing Rollbit with a source of wealth.

Games Offered

X-Roulette

X-Roulette, a crypto casino game available exclusively at Rollbit, works like a combination of dice, crash gambling, and roulette. To play this provably fair game, simply pick a multiplier between 1.01x and 1,000,000.00x, then select your wager amount.

If the resulting X-Roulette spin outcome is lower than your multiplier, you lose. If the result is higher than your multiplier, your wager amount is multiplied by your guess.

Rollercoaster

Rollercoaster, another one of Rollbit’s provably fair crypto casino games, lets players bet on whether the randomly generated price will go up or down. Rollercoaster acts similarly to simulated crypto trading, but with much higher volatility.

Like X-Roulette, Rollercoaster functions similarly to crash gambling. The price moves up and down (hence the name Rollercoaster) and you can bet on which direction you think the price will fluctuate to next.

If you bet correctly, your profit will be based on how far the price moves in your favor and the payout multiplier you set.

The house edge for this casino game is 2.5%, while the Return-To-Player (RTP) percentage is 97.5%. The maximum position size is $100,000, and there’s a fixed fee of 5% on all profitable bets. The Rollercoaster price resets every 24 hours at 00:00 UTC to $1,000.

Rollboxes

The world’s first NFT gambling game, Rollboxes give players the chance to win valuable NFTs from verified collections for a fraction of the price while utilizing provable fairness techniques that underlie other in-house games like Rollercoaster and X-Roulette.

Each Rollbox contains a grand prize from a popular Ethereum-based NFT including Crypto Punks, Bored Ape Yacht Club, Art Blocks, or even Rollbit’s very own NFT, called Rollbots.

You can view all available Rollboxes by going to the NFT section of the sidebar menu. The Available Rollboxes page shows all the Rollboxes along with the number of items in each box, the price to open it, the total wagered, the win probability, and the number of times it has been played.

To open a Rollbox, find an NFT you’d like to win and click ‘Play’. Once you click ‘Play’, you can see all the contents within that Rollbox, along with the probability of winning each of the prizes, the house edge, and the price to open it.

Click on ‘Verify Fairness’ before spinning to show the current server seed hash. Once you’ve got the result, you’ll see the round seed. By using both of the seeds along with the code example on the Rollbit website, you can confirm that the result of each spin is not pre-calculated by the crypto casino.

If you win a cash prize, it will be added to your Rollbit balance and the cash prize for that Rollbox will be automatically replenished. If you win an NFT, it can be withdrawn instantly from your portfolio.

Crypto Trading

Similar to Rollercoaster, the crypto trading feature at Rollbit allows players to wager on the future price of various cryptocurrencies including Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Dogecoin (DOGE), XRP (XRP), and Binance (BNB), with more cryptocurrencies to be added over time.

The payout multiplier can increase your profits, but can also lead to larger losses. You can choose a payout multiplier between 1x and 1000x. When selecting a payout multiplier, the bust price is shown alongside.

Once the bet is placed, your entry price is represented by a grey horizontal line on the trading chart and the P&L (profit and loss) is also displayed. The bust price will be shown as a red horizontal line. The top of the trading chart shows the trading volume, the highest price and the lowest price over the past 24 hours.

The timeframe of the chart is set to ‘tick’ by default, showing every market movement based on each buy or sell. You can select your desired timeframe (for example, 1 min, 15 min, 1 hour, etc.) from the dropdown menu on the top right-hand side of the trading chart.

If your bet is open for more than eight hours, you will start paying funding fees. The funding fee will depend on the size and direction of your bet. Click on the circular ‘i’ symbol under the funding column to see the estimated hourly fee and how long until the fee is applied.

For profitable trades, a small percentage accrues to Rollbit – i.e the house edge. You can use the casino’s built in “ROI Calculator” to estimate your profit/loss for a certain entry price, wager, and price move percentage.

Slots

Rollbit Casino has one of the best selections of online slots in the gambling industry. With 3200+ slots to choose from, users will have an exciting new casino experience every time they log into their account.

Rollbit’s slots are powered by 40+ gaming providers including BetSoft, Bgaming, Endorphina, Habanero, iSoftbet, NetEnt, No Limit City, Play’n Go, Playtech, Pragmatic Play, Quickspin, Red Tiger, Relax Gaming, Thunderkick, Yggdrasil, and many more.

Table Games

In addition to their vast slot machine selection, Rollbit Casino also offers a vast collection of online casino table games including European Roulette, American Roulette, Baccarat, Blackjack, Sic Bo, Red Dog, Casino Hold’em, Mahjong 88, Craps, Pontoon, Money Wheel, Super Wheel, Video Poker, and much more.

Live Games

Rollbit has an excellent collection of lives game shows including Crazy Time, Monopoly, Gonzo’s Treasure Hunt, Mega Ball, Mega Wheel, Dream Catcher, Adventures Beyond Wonderland, Money Drop, Deal or No Deal, Blackjack, Roulette, Baccarat, and more.

Rollbot NFT

The Rollbot NFT is a collection of 10,000 unique robots generated algorithmically using over 180 traits with proof of ownership on the Ethereum blockchain and a focus on utility. With the release of their exclusive Rollbot NFT, users can essentially own a percentage of Rollbit.

Each Rollbot NFT has properties with unique utility benefits. To start, your Rollbot’s “Hat” property determines the profit share the NFT owner will now be entitled to from the Rollbit NFT marketplace.

The “Body” property of a Rollbot determines how much Rollback you’ll now earn in your Rollbit account. Finally, the “Clothes” worn by a Rollbot determine the revenue share you can earn for any Rollboxes created.

There are 7 different properties (background, body, hat, clothes, teeth, eyes and ears) for Rollbots with 180 traits, each having a different degree of rarity. Out of the collection, there are 25 Special Rollbots that provide the highest rewards for holders.

You do not need to buy a Rollbot NFT in order to gamble at the crypto casino, but Rollbit has made it quite clear that users who own at least one of their exclusive NFTs will receive better rewards than those who do not. You can learn more about Rollbot NFTs by reading the project’s whitepaper.

Rollboxes

Only Rollbot holders can create their own Rollboxes (at a 1:1 ratio) and become the house in their own casino game utilizing Rollbit’s innovative NFT loot drops. To create a Rollbox, you’ll have to associate a Rollbot with it, meaning this Rollbot is essentially staked and cannot be used for other utility benefits. So if you only own one Rollbot, then you’ll only be able to create a Rollbox with other NFTs and/or cash as prizes.

Profit-Sharing

Every Rollbot holder is entitled to earn a share of the profits from all revenue generated by Rollbit’s Rollbot-themed gambling games. Of the profit share from these themed games, owners that stake their Rollbots will receive 50%, paid in real-time. The more Rollbots you own, the higher profit share you’ll receive.

Holders can also stake their Rollbots and receive a share of the profits from the online casino’s NFT marketplace. In total, there are 3,625,000 shares amongst all 10,000 Rollbots and 50% of the marketplace’s profits are distributed to holders that stake their Rollbots. Note that once you stake the Rollbot, it cannot be used for any other purpose.

Lottery

Depending on the rarity of your Rollbot, you’ll automatically receive a certain number of lottery tickets in your Rollbit account for each daily draw, but all holders are eligible to win huge prizes on a frequent basis.

Rewards Program

Rakeback

Staying true to their self-proclaimed “Crypto’s Most Rewarding Casino” slogan, Rollbit Casino rewards all players with a percentage of the house edge via their rakeback rewards. There are no minimum requirements or time delays for claiming your rakeback.

Cashback

The cashback rewards program at Rollbit helps stretch your money further, returning a percentage of Rollbit’s house edge back to all gamblers.

Daily cashback is available 24 hours after your bet is placed, weekly cashback is available 7 days after your bet is placed, and monthly cashback is available 30 days after your bet is placed.

Cashback rewards expire after sixty (60) days, so make sure to claim your rewards as soon as they’re unlocked.

Rank Up Bonus

All Rollbit customers are automatically eligible to claim additional, one-time bonuses from the casino’s tiered Rank Up Bonus rewards program. The more money you wager, the larger the bonus rewards you can claim.

The first bonus, called “Bronze 1”, can be claimed after wagering $10,000 USD. After progressing through twenty-five (25) Silver, Gold, Platinum, and Diamond tiers, the final two tiers are titled Blood Diamond and Vibranium. The final two tiers require $500,000 USD and $1,000,000 USD wagered respectively.

Leaderboards

The All-Time Leaderboard at Rollbit Casino awards the current “Rollbit Boss” $5,000 daily at 00:00 UTC. The Daily Leaderboard awards the top five customers with the most money wagered that day with their share of $2,650 (1st – $1,000, 2nd – $750, 3rd – $500, 4th – $250, 5th – $125).

Challenges

Challenges are a unique way to earn prizes by playing games the casino games you already enjoy on Rollbit. Simply head to the “Challenges” tab and see which challenges are currently active.

Each unique challenge can be specific to just one casino game, or open to all of the games offered at Rollbit. The most popular challenges are targeted towards customers who like playing X-Roulette, live games like Crazy Time or Monopoly, or popular slots like Sweet Bonanza and Gates of Olympus.

Further, some challenges are only offered to players who’ve used a specific referral code, while others are open to everyone. A Rollbit challenge example may look something like “First to hit 5,000.00x playing Sweet Bonanza with min $0.20 bet”, with an awarded prize of $2,000.

Promo Code

Use the referral code “GSF” when creating your Rollbit account and you’ll be automatically entered into every challenge we create in cooperation with Rollbit.

Banking

Deposits

To deposit money on Rollbit, simply navigate to the “Deposit” tab, choose your desired deposit method, and follow the instructions given.

Rollbit allows players to deposit and gamble with cryptocurrencies such as Bitcoin, Litecoin, and Ethereum. Players may also deposit NFTs to be used on their NFT gambling platform and NFT marketplace. All deposits are credited after just a few confirmations on the blockchain, meaning new customers do not need to wait long in order to start playing at the gambling site.

There is no minimum deposit amount at Rollbit – As long as your crypto deposit covers the network fee, the gambling site will credit everything equivalent to $0.01 or more.

Since Rollbit does not require KYC in most cases, deposits are fairly anonymous and without restrictions.

Withdrawals

All Rollbit Casino accounts are required to deposit and wager $10 before they can withdraw. Once you have met these requirements, you can choose a withdrawal method and request a payment.

Players may withdraw using the same cryptocurrencies used for depositing – Bitcoin, Litecoin, and Ethereum. There is no minimum withdrawal amount, but your payment amount requested must at least cover the network fee. You may also use the same banking tab to withdraw your NFTs via MetaMask.

Players were previously able to bank using CSGO skins, but those features appear to have been deprecated.

New players must complete step one verification prior to requesting their first cash out. This information includes: First name, last name, date of birth, country of residence, gender, and street address.