EOSBet.io is a new EOS-powered online casino offering a range of games including Dice, Crash, Baccarat and much more.
You can bet on the site with either EOS tokens or Bitcoin.
The casino is not only the best EOS gambling experience currently available; it also rewards players with BET tokens through which you can earn a share of the total house win.
There are 88 million BET tokens in total supply; earning a share of these will in turn give you a corresponding share of the house profits. So far, EOSBet.io has made total house profits of more than $2.5m.
Here is how to get started playing at EOSBet.io, and earning a sweet share of those profits.
Visit the site by clicking here. Click the ‘Get Started’ button at the top right-hand corner of the page.
Pro trip: Make sure you click the link provided here to enjoy a bonus 0.5% on your wins.
Enter a username where prompted and press continue.
Copy and save the list of 24 recovery words. This is important if you ever lose your password, as it will be the only way to recover your EOSBet.io account. Press ‘Create Account’ once you have them copied and safely stored.
With your account now create, press the wallet button at the top centre of the screen to deposit. Use the QR code or the deposit address to deposit either EOS (not forgetting to also include the relevant memo) or Bitcoin.
With your EOS or Bitcoin deposited, select a game and start playing!
It is that easy to start gambling and betting with EOS or Bitcoin on EOSBet.io.
Provably Fair gaming
EOSBet.io is a fantastic place to enjoy provably fair betting on the EOS blockchain. This means that all bets are placed through smart contracts on the EOS blockchain.
Every bet placed via EOSBet.io is secured through a unique randomness generation technique. Players may submit their own seed or leave the seed blank. Each bet then received a unique ID within the EOSBet.io smart contract, which is signed by the EOSBet.io server with a private key.
The resulting signature is then passed back to the smart contract, before being verified, so that the blockchain knows that the correct secret signing key was used.
Finally, the contract uses these inputs to derive a deterministic random number from the signature. It is this number that resolves your bet.
You can’t get fairer than that!
Is EOSBet.io safe?
When EOSBet first launched in 2018, there was a security flaw within the blockchain which left it vulnerable to hackers. Fortunately, this has now been resolved and the site has been securely storing players funds for some time.
As ever with these things, do your own research and don’t leave funds onsite that you cannot afford to lose.
In a detailed blog post, FunFair discussed at length the challenges to onboard users to dApps.
“We can see plain as day where we lose people in the onboarding funnel, and much of the time it’s very early – at the start – the moment they’re asked to download a Web3 browser or wallet and to create an Ethereum account,” the team said in the post.
“We believe we could reach a lot more users for our dApp if there were far lower friction, no requirement to download or install anything new, and a UI that had a much more comfortable learning curve.”
To tackle the problem, the FunFair has spent almost a year building “an easy to use wallet that targets this significant onboarding friction”.
The result is the FunWallet, which FunFair says will run “in any web browser inside an iFrame, on any device, mobile or desktop, Safari or Chrome” and requires no plugin, download or install. In other words, users will be able to easily log into their FunWallet from their phone with an email and password.