A Look Inside CasinoBit’s Gaming Promotions

12/11/2024 | Categories: Casino Guides | Published by: Joe | Last updated: 12/11/2024

CasinoBit is a platform that we looked at some time back and one that we kind of forgot about. It is a gambling website that got up and running in 2020 during the global COVID-19 pandemic hysteria, and we still can’t figure out who runs this hub, as it does not disclose this. What it does disclose is that it uses software from Jupitech.io, a company that also supplies its online gambling solution to KingBit Casino, which we have reviewed, and Jeet Play, another crypto casino we have not.

Although CasinoBit did not impress us when we analyzed it, and it has not changed much, aside from adding a loyalty system, we still thought we should remind everyone of this platform, which seems to keep trucking along. From what we can tell, it has a somewhat small user pool, but this appears to be enough to keep this brand alive and supply the service that it does, which is highlighted by a good number of quality games and wide regional acceptance. There is not much in the way of bonuses here, but what gets offered is elaborated on below. So, let us get to it.

The CasinoBit Welcome Bonus Batch

It is a three-part one consisting of three different matches on your first three site deposits here. On your initial one, the first time you add funds of $10/0.0002 BTC or more to your CasinoBit account, you will get a 110% match promo that can yield up to a bonus sum of $5,000. Once given, for you to withdraw any winnings stemming from this deal, you must meet an x40 wagering requirement within thirty days.

On your second site deposit of $10/0.0002 BTC or above here, the management of CasinoBit has penned in a sophomore match of 80% up to a maximum of $7,000, a promo that comes with the same terms as the previously described one, meaning an x40 playthrough stipulation that must get completed in thirty days.

The final part of this package is a third deposit bonus of 55% up to $10,000, provided with the same minimum deposit and wagering conditions as the two other sections of this bundle. Note that each part must be activated in the GET BONUS area and that you are limited to one claim per deposit. Your attained prizes will get forfeited if you fail to meet the stated wagering conditions, and please contact CasinoBit support if this bonus doesn’t appear automatically when you deposit over $10 the first three times you fund your CasinoBit balance.

Remember that you cannot withdraw with an active bonus here, and we saw no contribution rates stated anywhere. To take out funds from your account with an active bonus you must first cancel it or go all the way in completing its rollover. We would advise that you stick to playing only slots en route to meeting the noted wagering requirements for each part of this welcome package, to avoid any potential issues in you meeting its conditions.

CasinoBit’s 10% Cashback

So, how does this rebate work? A refund promotion is available for every new deposit you make on this hub that results in a loss. The awarded cashback sum originating from this promo gets automatically credited to your account, applying to only your losses, meaning that if you have a positive win rate at CasinoBit, then you are not eligible for this cashback. Additionally, any winnings or cashback obtained through fraudulent behavior shall not be issued and will be canceled by this casino’s staff

To activate this rebate, your website balance should be below 2$, and the provided amount must get wagered one time over before you can ask to take out any winnings. CasinoBit.io also reserves the right to remove this cashback feature whenever they feel like doing this, without giving you or putting on any public notice for this. They can do this at their discretion.

In our opinion, this deal gives CasinoBit gamblers a safety net for losses, and is fairly standard, with the fairly standard rebate percentage of 10%. It is an Okay promo with Okay terms that should make bad losing streaks sting less on this crypto gambling hub.

The CasinoBit VIP System

When we first reviewed CasinoBit in mid-2023, it did not have a VIP system. At that time, we asked their staff about the possibility of implementing such a program, and they told us they were unsure when they would and if they would put in place such a system. Today, one is active, supplying escalating benefits to dedicated CasinoBit players who ascend this platform’s loyalty systems’ five levels, which are Bronze, Silver, Gold, Diamond, and Platinum. You move through these by hitting specific deposit thresholds, starting from $20,000 for Bronze and reaching $500,000 for the Platinum one.

The perks here are dedicated support through a personal account manager, faster withdrawals, monthly bonuses, and a cashback rate increasing by 1% at each level of this program. Bronze members start with 11% cashback, while Platinum ones get a 15% return on their losses. These benefits not only provide financial rewards but also enhance the gaming experience by offering personalized support.