Peerbet

Overview

Peerbet is an online casino that offers up raffles, a wheel game, dice and a full-blown casino. The site got popular through its availability of raffles that the members create and that have no house edge. As time went on, new games were introduced that do have a house edge, such as dice and the wheel spinner.

Features

Peerbet offers up a few very popular games when it comes to the dice and spinning games. The popular games are raffles, wheel and dice. The raffles are created by members of the site, and anyone who has an account is able to create one (or many). They can be created for any amount of Bitcoin per ticket, and as many tickets as someone wishes to make. From there, others can then buy in to the raffle and as soon as all of the tickets are sent out, the results are drawn. The results can be handled instantly (through a random number generator) or by using the hash of the next block found in Bitcoin’s network (which ensures that the number truly was random). In either case, the results are provably fair.

The wheel game is a lot like dice, only with less possible numbers and different reward structures. There is a 1% house edge on the dice game and a 3.2% house edge on the wheel one. Along with this, there is a custom game called PeerDice, which has a 0.3% house edge and allows players to bet high or low together.

Games Offered

  • Peer Dice
  • Dice
  • Wheel
  • Raffles

It is worth noting that each of these games has a house edge but the raffles.

Deposits and Withdrawals

Deposits are easily made through the user accounts and can be done in multiple currencies, including:

  • Bitcoin
  • Litecoin
  • Peercoin
  • Namecoin
  • Primecoin
  • Feathercoin
  • Anoncoin
  • Dogecoin

Please note that raffles can only be done using Bitcoin. The rest can be used on dice or the wheel.

Withdrawing is just as easy as making the deposits, and they all come with very low fees. All withdrawals are handled instantly, although if there are not enough funds in the hot wallet it may require getting a hold of support to let them know about the problem.

Promotions

At this time, Peerbet does not have any open promotions.

Pros and Cons

Pros

  • Many currencies are supported for the games
  • Withdrawal fees are low
  • Withdrawals are handled instantly
  • The games are provably fair
  • The raffles have no house edge
  • PeerDice gives a social aspect to playing dice
  • There is a robot for automatically betting on dice, customizable to play a certain way. It can be used for things like the martingale strategy
  • The site’s bankroll and earnings are all public, verifying the house odds

Cons

  • Support is only available through email
  • There are sometimes lag spikes. This is being handled through server upgrades
  • While all coins can be deposited, not all of them are able to be used in raffles
  • Deposits can take a while, due to waiting on confirmations from the network
Visit the Official Peerbet Site