When players wager, the USD value of the bet will count towards EXP to increase the players' VIP levels.
1 USD Value at the time of bet => 1 EXP
When your level increases, you will get level-up bonus. Your Rakeback rate and Referral rate will also increase.
Level-UP Bonus When you bet to increase your level, you can claim level-up bonus. The bonus will be sent in $OWL token. It will convert at the time of claim using real-time $OWL price.
Rakeback is calculated based on your wager amount from previous day. Rakeback will expire within 24 hours if you do not claim. Timezone is UTC. Rakeback will be able to claim in $OWL based real-time $OWL price.
Rakeback rate is from 2% to 5%.
$Rakeback = Previous day's $wager * 0.3% * Rakeback Rate
When you invite other players to play, you can get referral based on their wager amount. Referral bonus will be in the same currency as your invited players' bet currency.
Referral rate is from 5% to 20%.
Referral Bonus = $Wager * 0.3% * Referral Rate
The highest level is 80.