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SmartRoulette.io Review
SmartRoulette.io’s main platform requires users to bet with an Ethereum token called RLT. You must purchase RLT to be able to deposit in the platform.
Overview
SmartRoulette.io is one of the first Ethereum based casinos to offer smart contract betting. The platform takes bets in its own Ethereum-based token – RLT – and ETH. The roulette wheel is split into two versions. One version allows for betting directly on the blockchain with no signup and complete anonymity but requires some technical understanding. The other version, called “Win-Win” allows for a more familiar style of betting where each bet is placed with deposited RLT tokens.
We have given SmartRoulette.io a high rating for its “purist” nature. Those interested in Bitcoin and Ethereum betting are often concerned about privacy and trust, and SmartRoulette.io satisfies those needs in ways that other platforms simply do not manage.
RLT dividends
Possibly one of the most appealing aspects of SmartRoulette.io is its access to platform dividends. Players who own at least 1000RLT tokens are eligible to receive daily dividends. At the time of writing – June 16th 2017 – a total of 470ETH has been paid out. Dividends are paid at 12:00 GMT each day on the condition that the platform has a balance in excess of 300ETH; this ensures that the bankroll remains high enough to manage variance.
We have written about some ways to earn RLT here, but most importantly, players who bet on the platform’s blockchain roulette can receive up to 3% of each bet back in RLT!
Promotions / Bonuses
For an Ethereum gambling site, SmartRoulette.io offers two excellent bonuses for new players. The first is a no deposit bonus, which provides each user with 200,000 free credits to bet with. If, after 200 free spins, a player is able to turn these 200,000 credits into 600,000 or more, they will be eligible to receive an RLT bonus. 1 to 10 RLT tokens are given away depending on how lucky you are!
SmartRoulette.io also offers a deposit bonus for new players with an uncapped limit as to how much is matched. This bonus will match all first deposits up to 50%, meaning a player who deposits 10RLT will receive an additional 5RLT to bet with.
Security and Support
SmartRoulette.io’s blockchain wheel is open source and “trustless”. Each bet of Ether is held in a smart contract and released either to the house or the player once the random number has been generated. This means that the platform never holds your funds, and as such cannot deny a payout. The Win-Win game does require that a player deposits funds in the platform, but so far we have no reason to believe there would be any issue withdrawing funds.
Given the reliability of the platform, there is very little need to provide a custom support service. However, the team at SmartRoulette have decided to put staff on hand to help users familiarize themselves with the RLT token. Support is available by email to [email protected]
Is SmartRoulette.io Provably Fair?
The gambling site SmartRoulette.io can be demonstrated as being provably fair through 3rd party software.
What does it mean to be provably fair?
Restricted countries at SmartRoulette.io
Below is a list of countries that are not eligible to deposit at SmartRoulette.io:
United States
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Pros and Cons of Playing at SmartRoulette.io
- Immediate deposits/withdrawals from anywhere in the world
- Earn RLT tokens and get paid a dividend
- Bet on the blockchain game for completely trustless gambling
- Only one game - roulette
- User interface may not be appealing to some - although that is planned to change
SmartRoulette.io Casino Review
Screenshots from SmartRoulette.io Casino
SmartRoulette.io offers a no-frills roulette wheel for players look to bet with Ethereum. That said, the team are currently developing a completely revamped 3D version of their website “soon”. This new version promises to have hugely improved visuals as well as sound effects and more. The roulette wheel is split between an Ethereum blockchain-based wheel and a more traditional wheel that players are used to. The blockchain wheel is useful for technical users who like to reap the benefits of betting through smart contracts, but in this instance we will focus on their “Win-Win” wheel which is easy to use.
Casino Games
SmartRoulette.io is brought to you by SmartPlay.tech and is a simple roulette-only platform – although other games are planned to be released by SmartPlay. Players choose an amount of RLT (their Ethereum token) to bet and the wheel is spun, with the same rules that apply to traditional roulette wheels. The house edge is therefore the same, however due to the dividends paid to players who gamble there, this house edge can be greatly reduced. See the overview section for more information about RLT dividends.
The platform provides some basic features, as well as a list of recent bets as well as a history of your own. There is not currently a community chat feature, but we hope one will be introduced soon. SmartRoulette.io is provably fair!
Summary
SmartRoulete.io is pushing the frontier of what it means to operate an online casino. By providing players with access to platform dividends, as well as enabling smart contract betting, SmartRoulette is blazing a path for other casinos interested in blockchain tech. We anticipate that SmartRoulette.io will go from strength to strength, and very much look forward to further releases in the near future.
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