Home » Insanity Bets Launches $1 Million Presale Jackpot

Staking IBET Tokens Can Bring Holders Up To 90% of Revenues

There is a new cryptocurrency gambling website called Insanity Bets that just announced a promotion giving away $1 million during their Initial Coin Offering. One fortunate gambler who purchases their $IBET tokens in the presale could win that big cash prize when it concludes.

But even if you don’t hit the jackpot, $IBET seems like a good token to own. You can earn passive income and rewards for participating on Insanity Bets with it. They have various token derivatives and staking mechanisms to try to keep things innovative and sustainable long-term.

For example, if you stake your $IBET as $sIBET, you get 35% of the fees from trades, games, etc. And it converts 1:1 with regular $IBET. There is also $bIBET for burning and $ILP for providing liquidity. Burners get 50% of fees, which is pretty appealing.

Oh, and with $ILP you can stake other cryptocurrencies like USDT, ETH, and WBTC to mint tokens. Then you get 90% of wager profits from players. Amazing!

They even have multiplier points for long-term stakers so you can get up to 100% higher earnings over time. Plus lower fees for betting and depositing $ILP. So if you’re into crypto and gambling, Insanity Bets seems worth looking into, especially with that million dollar lottery opportunity.

Author Description

Ashley Revell is the English entrepreneur who founded our company. Jackpotinside.com is a review gambling site that he launched in 2022 and is currently developing. In 2004, he sold everything he owned, including clothes, to gamble $135,300. After betting on red, Revell doubled his money to $270,600 after the ball ended up on 7. After receiving funding from a British online bookmaker, Revell changed his name to "Ashley Blue Square Revell" and started an online poker company called Poker UTD. Without Sky One's Double or Nothing reality show, Revell's life-changing moment would have been lost in anonymity. Viewers helped Revell decide between red and black. Having bet everything on Black, the Brit would have flipped at the last minute and placed his bet on Red instead, which would have drastically altered the outcome. “There were only seconds left before I lost everything I had. In order to fund this crazy bet, I sold everything I owned and could not have left Las Vegas with anything more than my hired tuxedo.” After winning the life-changing prize, the 32-year-old founded his own poker company, Poker UTD. The venture ended up being short-lived, and he was eventually able to use the remaining funds to fund a motorbike trip across Europe, where he met his future wife as well. As an avid gambler, Ashley Revell has a deep knowledge and understanding of the gambling industry. He is also passionate about helping others and sharing that knowledge with them to make informed decisions. For that, the creation of the JackpotInside project becomes the perfect opportunity. We and Ashley Revell, who is the CEO of JackpotInside.com, welcome you and hope that our website helps you in any way. Good luck and have fun!

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