As part of this no-deposit offer, you get 0.001 BTC for free. You do not need to deposit anything and you will not be required to verify your account. That is the good news. The bad news, as Bitcoin regulars have already calculated, is that 0.001 Bitcoin is worth around $30 as of the time of publication.
This means that only the smallest of small stake players will be able to take advantage of this bonus.
Whenever you deposit more than one Bitcoin at a time, you are going to want a wallet that will be able to match that amount, and 0.001 BTC will not be of value to you if you are that sort of player.
In that case, you can check out some of our big bonus Bitcoin casino reviews instead. As you can see from our huge list of the best Bitcoin casinos on our site, you have a lot of options to choose from.
While the 0.001 BTC Roobet Casino Welcome Bonus won’t appeal to high rollers, the casino does have a VIP Scheme that makes it worth playing for higher stake players. Only when you deposit and wager large amounts of money will you receive an invitation to the VIP Scheme.
The VIP Scheme is not very well-documented, but even if it’s on par with some of the best Loyalty Schemes out there, it may not be enough to convince high rollers. For these players, it would make more sense to check out casinos like King Billy, which offers a generous Welcome Bonus and a VIP program.
What’s the point of having one when you can have both?
Online gamblers will not find Roobet’s bonuses appealing, but that seems to be part of the brand’s marketing strategy.
There are three cryptocurrencies that are accepted by Roobet online Casino, namely Bitcoin, Litecoin, and Ethereum.
In exchange for players funding their accounts with any of these three cryptocurrencies, Roobido provides them with an equal amount of Roobido currency (instead of free money). It is worth noting here that one Roobido is equal to one dollar in Bitcoin, Litecoin, or Ethereum.
In order to make fast withdrawals, players need to enter their Bitcoin, Litecoin, or Ethereum addresses in their profile. As soon as a player withdraws Roobidos, the currency will be automatically exchanged with the player’s preferred cryptocurrency at the current exchange rate (as Bitcoin, Litecoin, or Ethereum).
Within 24 hours of making a withdrawal request, the funds will be sent directly to the crypto addresses provided by the players. The casino’s website does not mention any withdrawal limits.
When buying, selling, or trading Roobido on the Roobet Casino website, registered players do not have to pay an exchange fee (unlike other online casinos), but there is a distinct transaction fee for deposits and withdrawals made through the site, just as most online casinos do.
Roobet Casino is one of the casinos that I have come across that is very security-focused.
It is a requirement that players provide documents that prove that they comply with KYC (know your customer) and AML (anti-money laundering).
The purpose of these policies is to ensure that users are not using funds from nefarious sources or for malign purposes.
It is important to note that Roobet Casino also has the standard SSL certificate on its website. This encrypts all the personal information you enter into it, so there is no need for you to worry about someone hacking into your account.
In addition, RogueBet stresses that if users are caught using VPNs to place bets from restricted regions, their funds will be frozen and their accounts will be terminated.
It’s hard to tell what to think of Roobet Casino because of its bonuses, or lack thereof. On one hand, it has a VIP Program that is invite-only, which makes it aimed at high-stakes players.
Many small stake players do not realize that a “high roller” isn’t just someone who deposits a few hundred or even a few thousand dollars (or the equivalent in another currency). In many casinos, this would barely move the player out of the medium stakes category.
Casinos define the high roller as someone who wagers $50,000+ a month, and some casinos even make it five and even ten times as much.
Consider saving $50,000 or around 5 Bitcoins for a single deposit at a new casino. You could choose somewhere like Bitstarz and deposit all of your money at once. You will essentially get 10 BTCs for your 5 BTCs if you do that, plus you’ll get additional bonuses every time you reload your account; you’ll also get Cashback and other perks when you gamble.
It is also possible to deposit those 5 Bitcoins into a casino like Roobet Casino, get a measly 0.001 Bitcoin in return, and then hope that you get an email asking you to join one of the VIP programs. God knows what these VIP programs entail, you just have to take a chance and hope that it pays off.
In the case of a toss-up between the two, the decision is easy, and it does not go in favour of Roobet online Casino in any way.
In spite of this, it does not mean that Roobet online Casino is a bad online casino. If you’re someone who gambles just 0.001 at a time, this casino is a great choice for you over Bitstarz and all of the other matched deposit casinos out there. The first thing you will notice is that you will be given some free credits when you first join, as well as the fact that your deposits will actually be accepted, as many other Bitcoin casinos require larger deposits than what you might find comfortable.
It is safe to say that Roobet Casino is a great option for smaller stakes players, and a horrible one for high rollers.
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