Fees & Economics
PeetBet has the fairest fee structure in crypto betting. We only make money when you profit.
Fee Structure
No fees to add funds to your account
No rake or commission on bets
Zero fees on withdrawals
The Fine Print
When does the 2% fee apply?
Fee = withdrawal > totalDeposited ? withdrawal * 0.02 : 0Only if you withdraw MORE than you deposited. The 2% is calculated on the total withdrawal amount. If you lose or break even, you pay absolutely nothing.
- Deposit $100, withdraw $80 = $0 fee (you lost, we don't charge)
- Deposit $100, withdraw $100 = $0 fee (break even, no fee)
- Deposit $100, withdraw $150 = $3 fee (2% of $150 total withdrawal)
Worked Examples
Lost Money
No fee because withdrawal is less than deposit
Break Even
No fee because withdrawal equals deposit
Small Profit
2% fee on $150 withdrawal = $3 fee
Big Win
2% fee on $200 withdrawal = $4 fee
PeetBet vs Traditional Casinos
| Feature | PeetBet | Traditional Casinos |
|---|---|---|
| Deposit Fee | 0% | 3-5% |
| Betting/Rake Fee | 0% | 5-10% |
| Withdrawal Fee | 0%* | 2-5% |
| House Edge | 0% | 2-15% |
| Actual Odds | 50/50 | ~45/55 |
Where Does Your Fee Go?
Complete transparency on how we use the 2% commission to build and maintain the platform
Every cent of the 2% fee goes directly toward building, securing, and growing the PeetBet ecosystem. Here's the breakdown:
Chainlink Oracles
25%Paying for VRF (Verifiable Random Function) requests to ensure provably fair randomness for every game
Developers
25%Talented engineers building and improving smart contracts, frontend, and infrastructure
Blockchain Architects
15%Expert architects designing secure, scalable, and gas-efficient blockchain solutions
Infrastructure
15%Servers, RPC nodes, monitoring systems, and cloud services to keep the platform running 24/7
Team & Operations
10%Business operations, customer support, legal compliance, and employee compensation
Marketing
10%Growing the community, partnerships, and spreading the word about fair betting
We believe in full transparency. Unlike traditional casinos that hide their profit margins, we show you exactly where your fees go.
Building a Sustainable Ecosystem
The 2% fee ensures PeetBet can continue to operate, innovate, and provide the fairest betting experience in crypto. Your participation directly funds the development of new features, security audits, and expansion to new blockchains.
Referral Program
Build passive income by sharing PeetBet with your network. Earn commission on every player you refer — forever.
Earn from referrals
LIFETIMERefer friends and earn 1% of their withdrawal fees. Your referrals can unlock a free withdrawal after qualifying!
Where Do Your Earnings Go?
Your referral earnings are automatically credited to your platform balance. You can see them in your wallet and withdraw them at any time — no lock-ups, no waiting periods, no minimum amounts.
Potential Earnings Scenarios
1 Active Referral
10 Active Referrals
Power Referrer (50+)
Lifetime Referrals — No Expiration
Once someone signs up with your link, they're your referral forever. There's no expiration date, no renewal required, and no cap on how much you can earn. As long as they keep playing, you keep earning.