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Vietbet Poker Rakeback and Review
Poker Rakeback
Launched in 2002 and more widely known as a sportsbook, Vietbet.eu has been gaining momentum of late as one of the best alternatives for U.S. players looking for a new place to play online poker. The Vietbet’s poker room, aka The Dragonroom, was previously a skin on the Full Flush Network. They now make their home on the Grand Poker Network, where they share a strong connection, including a software platform with top online sportsbook, 5Dimes.
In addition to offering online poker, Vietbet.eu also offers a full suite of gaming options for all your gaming needs including a sportsbook, casino, racebook and lotto program. One of the biggest draws to Vietbet is that you will be given the option of depositing and withdrawing via Bitcoin.
As a special offer exclusively for our members, Rakeback Nation is offering you 60% in rakeback when joining Vietbet. This flat rakeback rate – 10% higher than the standard rate -- means that Vietbet has one of the more lucrative rewards programs to players, regardless of whether you are a player that generates, $10, $100 or even $1000 per month.
In addition to being available in the United States, Vietbet offers their games to most countries in the world – except France -- making Vietbet.eu a true global online room. As the name would suggest, they also put a focus on Vietnamese and other Asian players.
Sign up for 60% Rakeback at Vietbet....
Intro
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Vietbet Poker
Viietbet is the flagship poker room on the Grand Poker Network. Vietbet features great games on a network filled with sportsbook players. Payouts are extremely fast and reliable. Bitcoin is available as a deposit and cashout option. Vietbet is an A rated sportsbook on Sportsbookreview.com.
Rakeback rate:
60%
Network:
Grand Poker Network
24-hr Peak Traffic:
100
U.S. friendly:
Yes
Licensed:
Costa Rica
Rake stat updates:
Weekly by Wednesday
Payments:
Weekly by Wednesday
Tournament fees:
Included
Deposit fees:
None
Rake calculation method:
Weighted Contributed
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Play, win, and get paid quickly. Many payment methods available.
Vietbet Rakeback
As a valued member of Rakeback Nation, you will receive 60% rakeback at Vietbet when signing up through Rakeback Nation. Your 60% rakeback will be processed weekly typically on Monday directly to your Vietbet account.
Important: You must not use your Player Points as part of this program. If you convert player points to cash, use them to enter tournaments, or anything else, you will forfeit your rakeback account and your Vietbet balance will be adjusted accordingly.
Vietbet is one of the few online poker rooms offering a Bad Beat Jackpot, a prize awarded to players who lose with four eights or better when both the winning and losing player use both hole cards. The Bad Beat Jackpot at Vietbet.eu will frequently feature jackpots over $10,000.
To play for the Bad Beat Jackpot, you will need to join specially designated Bad Beat Jackpot tables detailed by a trophy icon in the lobby. While the Bad Beat Jackpot can become +EV if it reaches a certain level, a Bad Beat Jackpot contribution of 1% is taken from each pot, capped at $1 per hand.
Once a bad beat hand is triggered, 70% of the progressive price will be paid out, with 50% of that amount going to the loser of the hand, 30% to the winner and 20% split amongst the remainder of the table.
The odds of hitting a Bad Beat Jackpot is around 0.00064% for each hand dealt according to Vietbet.eu.
Vietbet Poker Games
Although the sportsbook is well established, the poker room is still very much in a high growth stage. Vietbet’s Dragonroom game selection is a no non-sense offering of No Limit Hold’em, Omaha and Omaha Hi/Lo (Fixed Limit and Pot Limit). Much of the poker traffic at Vietbet can be found at the No Limit Hold’em games up to $2/$5 with the majority of action occurring at the $0.25/$0.50 tables. There are usually a dozen or so games available during peak times, which is usually during the American evening. A smattering of games is also occasionally available at the Omaha tables.
The tournament action at Vietbet lags behind the ring game activity, but as the site continues to grow, this is also likely to change. Sit N Go buy-ins range from $1.50+$0.15 all the way to up to $100+$10 with tables available in heads-up, shorthanded and full ring. Multi-table tournament action is limited to No Limit Hold’em and a few different versions of Omaha Hi/Lo. Vietbet also runs daily small guaranteed tournaments.
A large majority of the freeroll tournament selection at Vietbet is available at the poker room’s Advance2Go Points freerolls, which are currently the primary way that players can redeem their earned rakeback. When participating in these freerolls, players are guaranteed 50% rakeback with the equivalent of 100% rakeback going to the winner of the tournament. Vietbet also periodically runs a variety of $500 freerolls as well, which are usually the most popular tournaments at the poker room.
Vietbet Sports, Casino and Lottery
In addition to an online poker room, Vietbet.eu offers players a variety of gaming options under one roof. So when you need a break from online poker you will be able to make bets 24/7 through the sportsbook, casino, racebook or lotto program.
Why Vietbet? In addition to their stellar reputation, you will be able to receive some of the best access to games available to U.S. gamers. Whether it’s reduced juice or free play bonuses in the sportsbook, live dealers and over two hundred games in the casino or track odds + 10% in the racebook, there will be something for you at Vietbet.eu.
Vietbet Customer Support
If you have any questions or concerns about anything related to your experience at Vietbet.eu, you can contact them 7 days a week, 365 days a year to answer your questions. Live help is the preferred option for many players with instant access to help, accessible from the Vietbet website. Alternatively, you may contact support via email at support@grandpokernetwork for poker questions or customerservice@vietbet.eu for most other questions.
In addition, if you have any questions regarding your new account, general customer service questions or need wagering info, you may call them the Vietbet.eu staff at 1-800-986-1154 or if that number is not available -- 1-888-988-9861.
Bitcoin deposits and withdrawals are available at Vietbet! Providing players with an anonymous, safe and secure payment processor with no fees, it is easy to see why this method is becoming so popular. Bitcoin deposits are not automatically processed at Vietbet, but instead you must contact support via live help or email epay@vietbet.eu for instructions.
Deposits of $100-$25,000 can be made via bitcoin and will generally processed within 1-2 hours. In addition to the convenience of this option, there are absolutely no fees associated with Bitcoin payments. Note that because wagering is not available through Bitcoins, bitcoin transactions will be converted to dollars when transferring to the sports account.
If Bitcoin is not your thing, Vietbet Poker also offers you a variety of alternative options including person to person money transfers, credit cards, checks as well as Skrill (Moneybookers) and Neteller (which are only available to non-US players). You may also contact customer support regarding Wire Transfers. Most options have a minimum deposit requirement of $50-$100 with checks starting at $1,000. All deposit options are free of fees with the exception of person to person transfers that are under $300.
Important note: deposits by certain methods may require a 3x rollover and 7 day hold before your original deposit can be withdrawn.
To withdraw, you may use most of the deposit methods to make your cashout. Minimums start at $50 for Skrill and Neteller but are $100 for most other options, with the exception of checks requiring a minimum of $1,000. Fees for withdrawals are a bit on the high side ranging from $15-$80 depending on the method being used. You can avoid these fees my meeting certain conditions. For example, through certain methods such as person to person transfer, you may have all the fees waived when you meet the following requirements: your account has action for the previous 4 weeks, no previous payouts have been made in the last 30 days or your account must not have any reversed bonus and/or fees. A maximum number of 2 payouts may be processed every 7 days.
Yes
