888starz Casino Review

Welcome to 888starz.bet – a fully licensed social hybrid i-gaming platform that provides the best gaming entertainment and endless profit opportunities.

888starz.bet innovates on the concept of online sports betting and casino that pays out reward to players with real money for staking their 888tokens on the platform.
Read more in the REWARD POOL and 888TOKEN MINING sections.

Whether you are looking for a great gaming experience or looking to invest in the future of online gaming for a large return, 888starz.bet has you fully covered by offering you:

Unique reward system based on 888token
Cashback reward that pays out every 48 hours in crypto and fiat currencies;
Huge integrated sportsbook;
More than 3,500 licensed games from world renown game providers;
Fast deposit and withdraw in 25 different cryptocurrencies
Working with conventional FIAT currencies and popular payment methods;
Supports 60 languages
24/7 multilingual client support
Specialized affiliate/partner module for attracting and metering traffic
Professional CRM system
Mobile iOS and Android application
Built-in support of cryptocurrency wallets and Dapp browsers for TRX, ETH and EOS

REWARD POOL

888starz has implemented a unique reward system for its users. This Reward system is a mechanism for allocating platform earnings among all players on a permanent basis. A kind of never ending cashback. All platform earnings are accumulated on a special account called the REWARD POOL.
When players lose, this REWARD POOL increases and when they win it decreases. Due to the house edge of the casino games, the value of the pool should always increase.

Every 48 hours the accumulated REWARD POOL is allocated in full amongst all users who are staking their 888 tokens on the platform.

STAKING

Staking means that users claim real money from the REWARD POOL only for holding their 888 tokens in their game account.
65% of the net platform earnings is allocated to the token holders and 35% goes to the team for operational costs.

The personal reward amount is defined according to the number of tokens kept by each player. For example: Let’s say the current REWARD POOL is $20,000. If a player stakes 1% of all current token supply that been staked on the platform he will receive 20,000*0,01=200 USD

The REWARD POOL is displayed in USD currency and paid out to the users in the currency of their account.
Rewards can be withdrawn from the platform at any time without a necessity to wager it.

REWARD SYSTEM FORMULA

All platform earnings are accumulated in the REWARD POOL. When players lose this pool increases and when players win it decreases. Due to the house edge of the casino games, the value of the pool should always increase.

Gross Gaming Revenue (GGR) = total bet – total won

Platforms players online traffic is generated by CPA networks, affiliate partners, web masters and media promotion placement. This is the biggest expense of the platform.
The way to calculate the price of this traffic is to pay a Revenue Share.

Net Gaming Profit (NGR) = GGR – 40% CPA/Affiliate/Promo payments – 25% admin fee – taxes – third party software payments

The admin fee includes payments to game providers and for b2b solution.

Taxes are calculated based on the price of gaming license renewal/12 months + 11% tax rate/ 12 months.

Third party payments – payments for additional licensed software used in business activity.

888TOKEN MINING

Players are awarded with 888tokens by playing games. The amount depending on the size of the bet. It does not matter if the bet was won or lost, either way the player earns 888tokens. Once the bet was made 888 tokens are automatically added to the player’s balance. This process is known as MINING.
Each MINING stage increases the difficulty of earning a token. Information about current MINING difficulty can be found on 888straz.bet – Personal account – Reward section.

Specific games may have adjusted rates, which could make them earn more or less for a given bet, based on their house edge. If this applies, the game will be labeled with that information.

Sports betting is temporary excluded from 888 token MINING model. Adjusted rates still scale up as the overall MINING difficulty increases.

If the users places bets, the 888token is mined in a ratio of one token for the player and 0.35 token for the team. So the team receives its tokens and reward only in the event of successful and continuous operation of the platform.
The total amount of tokens is limited by the smart contract to 100 million tokens. The 35% of tokens mined by team remain LOCKED in the smart contract and CAN NOT BE SOLD by the team until ALL tokens are mined. This is an extra safeguard to prevent exit scamming and token price manipulating by wash trading. Hence a fair and square mechanism of awarding the team is implemented and ensures the LONGEVITY of the project.

The 888 token is a TRC-20 utility token. TRC‌-20 is a technical standard used for smart contracts on the TRON blockchain for implementing tokens with the TRON Virtual Machine. It is fully compatible to Ethereum based ERC‌-20.
TRON Virtual Machine is a lightweight, Turing complete virtual machine developed for the TRON’s ecosystem. Its goal is to provide millions of global developers with a custom-built blockchain system that is efficient, convenient, stable, secure and scalable.

Name: 888token
Address of token smart contract: TLvDJcvKJDi3QuHgFbJC6SeTj3UacmtQU3
Token type: TRON TRC-20
Maximum amount: 100 million
Tokens mined to date: 26 million

INVESTMENT OPPORTUNITIES

888starz.bet provides not only the best gaming experience but also profitable services with maximum investment attractiveness! Return On Investment or ROI for 2019 was over 30%.
It all depends on the REWARD POOL amount, the actual MINING price and the amount of tokens being staked at the moment of every reward distribution. Annual Percentage Rate or APR shows how many percent of annual returns you may have according to the current Dividend pool size.

Here is the formula of how it works:
1 888token profitability (annual) = (Reward pool distribution/total 888tokens staked)*365
1 888 token profitability (annual) MINING price x House edge x 100% = APR

In 2019 the REWARD POOL distributed amongst 888 token holders was over 500 million TRX (over 12 million US dollars).

888TOKEN TRADING

888token is a valuable asset! It can be traded on several DEX exchanges like zethyr.exchange,
trontrade.io, poloniex.org and nolex.org.
So if you want to increase your amount of 888tokens, you can easily purchase them on the exchange using TRON (TRX) cryptocurrency.

888tokens purchased on exchanges can be sent to your 888starz.bet personal account and they will participate in Reward Pool distribution. Withdrawal of 888tokens from the platform is also possible. You just need to have a TRX blockchain wallet on your device and you can withdraw your 888tokens in a few clicks. Additional instructions can be found here.

At the moment, the 888team is negotiating with top traditional cryptocurrency exchanges
about the possibility of listing the 888 token. Once this goal is achieved it will bring following benefits to the current 888token holders:
generate attention about the project and attract investor interest from around the world
increase token value and liquidity since well-known exchanges evaluate not only investment attractiveness, but also the viability of the product
888token listing and indexation on www.coinmarketcap.com (CMC) – the most known source about cryptocurrencies.
Listing on CMC and stable trading volumes will bring recognition to 888token as a full-value strong cryptocurrency with its own ecosystem and community
Such recognition will allow to implement 888token as a gaming currency so players can use 888tokens for making bets. Once all 100 million tokens will be mined wagered tokens will be available for MINING again and create a sustainable and renewable ecosystem.

888TOKEN MARKET PRICE

888 token can be traded on different crypto exchanges. It’s a secondary market that indicates the current 888token value for crypto traders and investors. Token market price may go up and down due to a great variety of reasons. 888starz team doesn’t control or influence 888 token market price.

GAMING FEATURES

888starz.bet has a great selection of games from licensed game providers:

Betting:
Sports betting on all types of sport events from A to Z
Virtual sports betting
Live Betting
Politics Betting
Financial betting
Toto

Over 3500+ slots from A-list providers

Live casino with Low and High limit games:
Roulette
Baccarat
BlackJack
Poker
Monopoly
SickBo
Live Slots
Andar Bahar

Unique and exciting in-house games with almost 99% RTP
Poker
Bingo games
Lottery

We are constantly working on integration of new games providers. Any user from around the world will easily find their game of choice or popular games from their country.

Players will be offered a nice selection of promo games, bonuses, tournaments, jackpots and promotional events updated every week.

888starz.bet supports 27 cryptocurrencies and all types of fiat currencies. A huge selection of deposit and withdrawal methods are available.

HOW IT ALL STARTED

Decentralized applications have conquered 2019 and 2020. Blockchain based applications and games are becoming widely available. They are used by millions of people worldwide and the rate of adoption is growing very fast.

Cryptocurrencies are now starting to be imbedded into the online gambling industry. The advantages of using cryptocurrencies above traditional FIAT money are huge. Cryptocurrencies as a digital means of payment do not require the provision of personal data. The technology allows payments to be made much faster and nearly instant. There is no limit to the amount of the transaction. It offers high security and privacy.

Many professionals in this field, including owners of large gambling services, predict that in the near future cryptocurrencies will completely absorb the online gambling industry. This is also due to the fact that, in addition to the above features, cryptocurrencies and blockchain technology weaken the influence of regulatory authorities. They make their role less and less relevant for gambling services, freeing them from the impact of various government
regulations.

In 2018 the Tron Foundation contacted our team and asked us to take part in their international accelerator program. The goal of this program was to develop a Dapp or decentralized application using the TRON blockchain.

In Q4 2018 our blockchain gambling platform 888tron.com went live. It was selected by the Tron Foundation as one of winners. We were awarded 10K USD prize money for further development.

The underlying idea was to create a transparent mechanism to encourage, motivate and retain i-gaming platform clients. So the 888token reward model saw the day of light.

Our 888token REWARD MODEL helped solve one of the main problems in online gambling worldwide and that is PLAYER RETENTION. Most online gambling projects have very short 3 to 5 months of player retention before the users moves on to another platform.
As a result, advertising costs were slashed and new gamblers were attracted.

The users that gamble on the platform earn tokens automatically and become platform stockholders. Even if a user loses his money betting, he or she does not leave out of disappointment. He stays loyal to the platform because the 888tokens yield a steady and unlimited passive income.

This means that with time the user can recover one’s losses and gain more than they wagered. The user also has incentive to tell others about the platform because more players means more money in the cashback pool. So, it shortens the term of return on investment.
The player can also sell the tokens on various cryptocurrency exchanges at the current market price and yield extra income. They can also buy more tokens of the exchanges in order to get a bigger share of the REWARD POOL.

The players liked the 888token reward model so much that as soon as in two months following the launching of 888tron.com in February/March 2019, more than 40% of all Tron blockchain transactions could be accounted to the 888tron.com Dapp.
Source: https://www.dapp.com/article/new-feature-same-888tron

According to the data of the popular Dapp catalog site Dappradar.com, our project was found to be one of the most rapidly growing and successful start-ups on the Tron blockchain in 2019. Source: https://dappradar.com/dappradar-2019-dapp-report.pdf
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