Rollbit Counts Down to Christmas with $3.3M Tournament

Online cryptocurrency gaming site Rollbit is celebrating the holiday season in style by hosting its Advent Race event, boasting an impressive $3.3 million prize pool up for grabs. The tournament centerpiece is a virtual Advent Calendar that gives players surprise daily multipliers for their wagers when opened. These random boosts mean even tiny bets can potentially trigger tremendous winnings.

Participants also compete in the Christmas Race itself with sizable festive bounties to be won. Winners will receive their payouts on January 1st, 2024, split evenly between their gaming account balance and the Rewards Calendar.

Rollbit recently hit a $505 million market cap, largely thanks to substantial 2022 revenue from its casino, futures exchange, and sportsbook offerings. And while its market cap lags behind some rivals, a buyback initiative has removed over 37% of outstanding RLB tokens, increasing its value.

The RLB token itself saw a 57% price surge this October, reaching an all-time high value of $0.24 on November 1st. Rollbitʼs crypto casino also awarded nearly $650,000 last month across 47 RLB lottery draws. And It’s 1,000th lottery draw milestone meant over $17 million has now been given away in total since launch.

With updated lottery rules making entering easier and strategic moves like a new Poloniex exchange listing to spur growth, Rollbit is betting big on making this holiday season its biggest yet.