HouseBets Is Giving Away Bonuses from a $25 Million Fund – A Deposit of Just 1 USDT Is Required to Activate Them

The new crypto casino HouseBets has launched a major promotion with a claimed prize pool of $25 million. The platform is offering personalised bonuses to users who have previously made deposits at other crypto casinos.

The reward amount is calculated based on the transaction history of the user’s wallet. The more funds a user has previously transferred to platforms such as Stake, Duel, Shuffle, and other crypto projects, the higher the potential bonus.

How to Claim a HouseBets Bonus

To participate, users must register on the HouseBets website. A banner will then appear on the homepage, allowing them to submit up to five public crypto-wallet addresses for verification.

Importantly, users are not required to connect their wallets to the website, sign any messages, or disclose their seed phrases. The service only analyses publicly available transaction history.

The process is as follows:

1. Enter the wallet addresses previously used to make deposits at crypto casinos.
2. Wait for the verification process to be completed. Due to high demand, users may be placed in a queue.
3. Check the amount of the available bonus.
4. Claim the reward.
5. Deposit at least 1 USDT from the same wallet that passed verification.
6. Complete the x1 wagering requirement.
7. Withdraw the remaining funds.

According to participants in the promotion, one player received a $200 bonus and was able to withdraw approximately $175 after meeting the wagering requirement.

Users have also reported that, during the first few hours after the promotion launched, some bonuses reached $1,000 or more. The amounts have since become noticeably smaller, according to reviews, and some of the terms have already been revised.

What Should You Know About the Wagering Requirement?

The bonus must be wagered once. However, bets placed in Limbo and certain similar games may not count towards the wagering requirement at their full value.

According to player reports, only 25 cents of every dollar wagered currently counts towards the requirement. This means that clearing a $200 bonus may require a total betting turnover of approximately $800.

Players using Limbo often set the multiplier to 1.01 in an attempt to reduce the risk. Even at the lowest possible multiplier, however, there is no guarantee that the bonus will be preserved.

Early participants claim that Limbo bets initially counted towards the wagering requirement at a one-to-one rate during the night, but this option was later restricted.

Is HouseBets Connected to Duel and Gamdom?

The mechanics of the promotion are unusual: the new casino is effectively awarding bonuses based on deposits made at competing platforms.

One participant said that they contacted Duel’s customer support after suspecting either an attempt to lure players away or a potential scam. According to the participant, Duel confirmed that it was a genuine promotion run by an independent casino.

Rumours are also circulating within the community that HouseBets may have been launched by someone connected to the owners of Duel and Gamdom. However, there is currently no verified information confirming any relationship between the projects.

The promotion is already less generous than it was during its first few hours, but bonuses are still being awarded. Only a public wallet address is required for verification, while activation requires a deposit of at least 1 USDT.

Users should never provide the website with their seed phrase, private key, or access to their wallet. It is also advisable to review the current wagering terms before making a deposit, as they may continue to change as the promotion develops.