Housebets Airdrop Review 2023: Good Or Bad Airdrop Read Our Review

What Is Crypto Airdrop?

A crypto airdrop is a marketing approach that blockchain projects and cryptocurrency organizations frequently utilize to send free tokens or coins to a specific set of cryptocurrency holders or potential users. These distributions are commonly used to raise awareness about a new cryptocurrency, promote a blockchain project, or reward loyal users.

Airdrops can take many forms, such as surprise giveaways or scheduled events, and the criteria for eligibility can vary greatly, but frequently include factors such as holding a certain amount of a specific cryptocurrency, being an active user of a platform, or participating in a specific community.

Airdrops can be a fun method for consumers to get free digital assets, but they should be approached with caution because scams and fraudulent airdrops are frequent in the cryptocurrency field. Before supplying any personal or financial information, participants should always confirm the legitimacy of an airdrop.

What Is Housebets Airdrop?

Housebets Airdrop is the first dApp built on the LunaFi protocol. Housbets is a non-custodial gambling platform that utilises LunaFi’s smart contracts and liquidity pools to ensure trustless payouts. This functionality ensures immediate settlement through smart contracts, removing all counterparty risk.

Housebets Airdrop is airdropping free LFI to users in Season 2 of the airdrop. Season 2 will be to users of Housebets based on a point system (XP), rewarding users for depositing and wagering bets on the Housebets sportsbook and casino which makes Housebets the most rewarding crypto betting platform. They’ve already given away millions of $LFI so far through Season 1. Season 1 of the airdrop can be viewed here.

Basic Housebets Airdrop Points

How To Claim Housebets Airdrop Step-by-Step Guide:

1. Visit the Housebets website.
2. Click on “Login” and connect your wallet to sign up.
3. On the cashier menu, select ‘Deposit’ and deposit the funds you want to bet with.
4. Now place bets on the platform.
5. You will need to deposit and bet crypto in order to qualify for season 2.
6. The airdrop will be based on a point system (XP), rewarding users for depositing and wagering bets on the Housebets sportsbook and casino, NOT other platforms.
7. The more XPs you earn the higher the airdrop you will earn.
8. Season 2 will last for ten weeks from 27th April 2023.
9. They’ve already given away millions of $LFI so far through Season 1. Season 1 of the airdrop can be viewed here.
10. Any questions? Join their discord channel, where they do daily giveaways/ competitions”
11. For more information regarding the season 2 airdrop, see this page.

How To Check Housebets Airdrop Is Real Or Fake

Checking the legitimacy of a crypto airdrop can be a bit tricky, as scammers often use sophisticated techniques to create fraudulent airdrop campaigns that appear to be legitimate. Here are some steps you can take to verify the authenticity of a crypto airdrop:

1. Examine the following official sources: Begin by visiting HouseBets’ official website and social media outlets. Keep an eye out for announcements or information on the airdrop. Legitimate projects will frequently provide detailed and verified information on their airdrops.
2. Verify Social Media Accounts: Check the social media accounts promoting the airdrop (e.g., Twitter, Facebook, Telegram) to see if they are official. Scammers frequently build phony accounts that look exactly like official ones. Look for verification badges (such as Twitter’s blue checkmark) and compare follower counts.
3. Read the Whitepaper and paperwork: If HouseBets has a whitepaper or formal paperwork, read it to confirm the airdrop information. Legitimate projects will provide detailed details about token distribution.
4. Contact HouseBets Directly: Inquire about the airdrop directly with HouseBets via their formal communication methods. Scammers may imitate official help if contact information is offered in social media comments or forums.
5. Be Wary of Unrealistic Promises: Be wary of airdrops that offer big prizes or appear to be too good to be true. Scammers sometimes employ such strategies to entice unwary victims.
6. In summary, it’s important to conduct thorough research, verify the source and instructions, look for feedback from other users, and trust your instincts when evaluating the legitimacy of a crypto airdrop. By taking these steps, you can minimize the risk of falling for a fraudulent airdrop and protect your assets and personal information.

What are the risks of participating in an airdrop?

Participating in an airdrop carries a number of concerns that persons should consider before taking part. First and foremost, there is the possibility of frauds and fraud. Under the pretext of a legal giveaway, fraudsters are increasingly using airdrops to transmit harmful software or steal personal information. Before engaging in any airdrop, exercise caution and confirm its validity. Second, there’s the issue of privacy. Some airdrops may need participants providing sensitive personal information, which could be exploited or disclosed to third parties.

Furthermore, financial risks exist since the value of airdropped tokens or coins can be highly volatile, and their value may decrease swiftly after distribution. Finally, regulatory risks are a worry since some airdrops may be subject to legal restrictions, and involvement may result in unintended noncompliance with financial regulations. Participants should undertake thorough study and exhibit caution when selecting airdrop chances to reduce these dangers.

Housebets Airdrop Roadmap

Q1 2023

• Enabling betting with BTC, ETH and LFI, with many more options to come
• Launched LunaFi House Pools allowing users to invest in the house, with hundreds of thousands staked in the pools already
• Deposits via BTC & ETH networks.
• Developed a new sidebar navigation for the site, making it easier to navigate
• Launched live chat customer support directly through the site, of which all demand is being responded to within minutes
• Launched social chat feature on the site
• Launched our affiliate program and functionality, allowing users to earn from referrals
• Launched esports betting markets, with many more games and live streaming viewing to come
• Launched blog.housebets.io
• Provably Fair Casino games such as Dice, Coinflip etc designed
• Developed a comprehensive backoffice allowing us to support users as efficiently and effectively as possible
• Enabled the option to sign up with an email through magiclink & fortmatic
• Many bugs, errors and issues identified, scoped and fixed (thanks to the community during beta)

Q2 2023

• Lunabets renaming complete
• Race to Mars launched, which will reward to top bettors in the platform with crypto + NFT’s
• Airdrop functionality launched, allowing us to conduct airdrop campaigns to current users and outstanding communities in the crypto space, all within the platform
• Bonus offers launched, allowing us to provide extra value to current and new players
• Betslip v2 deployed, providing a better experience when betting
• Sportsbook v2 launched, providing a cleaner and more comprehensive experience when navigating the site
• 10+ esports games available to bet on + live streaming the games all within the site
• Cashout option on bets launched
• Golf, Motorsports (e.g F1 + Formula E) + Horse Racing markets available
• Enable email correspondences for key actions for users which provide email addresses (
• CEX listings for $LFI

Q3 2023

• Further tokens and partnerships integrated into the house pools
• Further utility for LFI (purchase bet mining boosts with LFI, free spins etc)
• EBurning mechanism for LFi

Housebets Airdrop Pros Or Cons

Pros of participating in an airdrop:

1. Trustless Payouts: Housebets utilizes LunaFi’s smart contracts and liquidity pools to ensure trustless payouts, which means that users can have confidence that their winnings will be paid out automatically and without the need for intermediaries.
2. Immediate Settlement: The use of smart contracts enables immediate settlement of bets, eliminating the need for lengthy withdrawal processes or manual payout procedures. This quick settlement benefits users by providing access to their winnings right away.
3. Enhanced Security: With the removal of counterparty risk, Housebets reduces the chances of disputes or non-payment of winnings. This enhances the overall security and reliability of the gambling platform.

Cons of participating in an airdrop:

1. flaws in Smart Contracts: While smart contracts can improve security, they are not immune to flaws and exploits. Any weaknesses in the smart contract code could result in unanticipated outcomes, such as money loss.
2. Limited Adoption: As the first dApp using the LunaFi protocol, Housebets may experience user adoption and awareness problems. Users may need some time to trust and become acquainted with this new platform.
3. Regulatory Concerns: Different jurisdictions have different regulations governing the gambling sector. Housebets may face regulatory and legal issues in some areas, thus limiting their availability to customers.

Housebets Airdrop Final Verdicts

Finally, Housebets is a huge step forward in the field of decentralized applications and blockchain technology. It is the first dApp on the LunaFi protocol to provide a non-custodial gambling platform that leverages the capabilities of LunaFi’s smart contracts and liquidity pools. This novel approach ensures trustless payouts, with smart contracts facilitating quick settlements, essentially eliminating any counterparty risk. Housebets exemplifies blockchain technology’s potential to change the gaming industry by making it safer, more transparent, and more accessible to anyone seeking a fair and secure betting experience.

FAQ