If you think that a Bitcoin betting site without a house edge is impossible to find, you are certainly wrong; as Peerbet is here to give you this interesting highlight. More that the ‘no house edge’ features, this site also assured the players that they are Provably Fair, they provide ‘No Limits’, as well as full anonymity.
You might doubt that it is impossible for Peerbet to offer ‘no house edge’ feature at all. Their reason behind this is the fact that they offer a game with ‘truly zero-sum’. More than that, they made it clear that ‘the players compete against each other, not against the gambling site.’ Hence, there are ‘no hidden costs or commissions.’
Peerbet offers a ‘pool game’ wherein you have to choose the prize value you want to have. Each of these prize values have corresponding ticket prices you must avail. Each ticket corresponds to one entry and will give you the chance of getting the prize value you are aiming for if you get lucky and win.
Payments
Bitcoin is the only payment method accepted in this site.Deposits are credited in your peerbet account after transactions gets one confirmation in the blockchain which takes about 5-10 minutes maximum.
And withdrawals are processed almost instantly to your bitcoin address.Just your deposit need to have confirmed in the blockchain.
Furthermore, this bitcoin betting site supports 26 languages in all which includes English, Russian, Spanish, French, Italian, German, Danish, Greek, Portuguese, Brazilian, Czech, Croatian, Slovak, Slovenian, Dutch, Swedish, Norwegian, Finnish, Estonian, Lithuanian, Polish, Romanian, Hungarian, Serbian, Turkish, as well as Malaysian.
Games
Betting Wheel – You may get to like the betting wheel game that is offered at the Peer Bet site, for it offers a new way of gambling but without the usual house edge. On this wheel based game you will find the wheel is divided up into different segments, and the aim of the game is to predict which segment of the wheel is going to spin in opposite the winning pointer.
You can choose to place a bet on any of the segments or by the laying of those bets, and when doing the latter then if the player loses you will win their stake amount, however if that player correctly predicts the segment of the wheel that is spun in and wins then you need to pay them out their winnings.
Raffle Game – The other game you will find on offer at the Peer Bet site which may just be one interest to you is the Raffle Game, and this is another game where there is no house edge involved and as such everyone taking part in it has a fair and more importantly equal chance of winning when playing it.
You are of course able to set up and make live your own Raffle game and as such if you want to do this then simply click on the Make New Game link and then you are given the option of the game playing structure for your Raffle.
You can enter just how many tickets that you wish to make available on your own unique Raffle along with how much each ticket will be priced at and the prize structure and you can then either make this Raffle private or public.
By making it a private Raffle you can then invite your friends or family to take part in it, however if you opt to for public Raffle setting then anyone who visits the Peer Bet site is able to take part in your raffle.
Once all of the tickets for your Raffle have been sold then the draw will take place, and the winners will then be announced and they will instantly be paid their winnings.
Verdict
A great house edge of as low as 0% is available to all players, along with a user friendly website and some great graphics.So surely peerbet is worthy giving it a try.