Lunabets DeFi Sportsbook Review

Christened the ‘World’s first decentralised (DeFI) sportsbook,’ Lunabets is a relatively new face in the iGaming scene, having launched in 2022 courtesy of iBlueinic BV. The crypto-casino incentivises players/bettors with the option to bet or invest in the bookie and earn a share of the house profits. While it’s definitely a first of its kind, we sought to find out what lies under the hood and whether it’s worth all the hype! Our review takes you through the pros & cons of playing here, the catalogue of games, sports wagering options/features, exclusive bonuses/promotions, and the payment methods at your disposal. Keep reading to learn all these and more.

Lunabets Merits & Demerits

Can I Trust Lunabets, or Is It a Scam?

Yes, you can trust Lunabets! First off, Lunabets is owned by Blueinic B.V., a registered company that operates/holds a valid licence from the Government of Curacao (Reg no. 8048/JAZ) issued by Antillephone. Security-wise, Hacken, a world-leading blockchain security auditor, regularly audits the casino.

Additionally, Lunabet.io is a DeFI gambling platform that utilises smart contracts and liquidity pools. Part of the benefits includes that all payments are directly sent to house pools and that withdrawals will not be affected by third parties. And while the casino/sportsbook lacks a Two-Factor Authentication (2FA) protocol on your account, customers must provide a security code sent to their email address or phone number every time they log in.

How to Sign Up at Lunabets?

Creating an account at Lunabets is an easy-to-follow process, albeit unlike what you’d find at other bookmakers. Our Lunabets review found no sign-up button on the homepage. Instead, new signees should click on the ‘Login’ option, choose a wallet: Metamask, Wallet Connect, or Connect with Email, and then apply these steps:

Up to 55% Rewards Welcome Bonus

While Lunabets DeFi lacks a run-of-the-mill welcome bonus, clientele are treated to a rather unique bonus. Sign-up today and be eligible for an up to 55% welcome bonus reward! To be clear, wagering a certain sum/amount of money unlocks a specific mining rate. The 22-level reward program starts at the Cadet level. Then, members progress to Lieutenant, Captain, Major, Space Lizard, and finally, Elon Musk. The first level, Cadet I, requires a wager of $5,000 to unlock a 15% mining rate, with Elon Musk being the maximum level requiring a cumulative wager of up to $100,000,000 to unlock a 55% mining rate.

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What Are the Available Lunabets Sports Betting Features?

Betting features are the epitome of sports betting (at the core), as these help you perform functions you wouldn’t otherwise. The most notable of the bunch are cash out, live streaming, and bet builder. Here are the sports betting features available at Lunabets:

Does Lunabets Have Discord?

A pioneer in DeFi sportsbooks, Lunabets extends its camaraderie with a discord community for its members. Here, members can interact with other Lunabets gamblers and share ideas or tips for particular games. However, you must first have a Lunabets account to be part of the Lunabets discord community.

Can I Invest in the House?

Yes! Lunabets grants members a chance to Invest in the House and earn a share of the sportsbook’s profit through LunaFi. The option will see you diversify your gambling portfolio by contributing/depositing money into the house pools. Bettors who become liquidity providers receive additional yield farming rewards making the bookmaker incomparable to its competitors.

How Is Lunabets Casino & Bonuses?

For crypto-casino lovers, Lunabets has a fun-packed casino section worth exploring! To get here, simply click on the ‘Casino’ button in the menu to your left, and you’ll be redirected to the games page. At the top is a menu with a search tab and options for Favourites, Newest, and Most Popular.

Clicking on the ‘Casino’ button on the drop-down menu to your left also reveals the casino games categories Lunabets has in store for you. Options here include Slots, Table Games, Live Casino, New Releases, Game Shows, and Lunabets Favourites. A look at the casino section revealed plenty of Provably Fair games like Sweet Bonanza, Rise of Olympus, Book of Dead, Sugar Rush, Gates of Olympus, and Chaos Crew.

Table game enthusiasts are also well catered to with options like Classic Roulette, Blackjack Supreme Multihand, Double Exposure Blackjack, European Roulette Pro, and Baccarat No Commission. Behind the scenes, Lunabets works with top-rated software vendors like Hacksaw Gaming, OneTouch, Pragmatic Play, Play’n Go, Evolution Gaming, and Evoplay Entertainment.

Lunabets Company Information

Lunabets is the first Decentralised Finance (DeFi) betting site that started operations in 2022. IBlueinic B.V., a company with a Curacao gambling licence, owns the site. The bookmaker utilises LunaFi’s smart contracts and liquidity pools to create a betting haven that eliminates all counterparty risk. Thanks to the integration, clients are also provided with an option to invest and earn profit at the site. Paired with a comprehensive sportsbook page, a fantastic casino section, and a one-of-a-kind rewards program, the betting site has just the right recipe for success.