What token are you talking about, does the casino have their own native cryptocurrency token?
As the other users have already explained above, the token is a play-money which can be exchanged for the available crypto on Bitvest.
I forget about the rate of this token but I think it is like 1 token = 1 satoshi.
Nope, 25k tokens are equivalent to 417 satoshi at this moment. Maximum 1 million tokens can be exchanged in a single transaction which gives additional 500% in crypto. However, the exchange rate was different in the past.
If not from this comment, i am not aware of any token development by the bedvist team and also how far the token has gone and what are the bonuses incentives on those tokens, although it's clear that many of those who use casino inbuild tokens are given special percentages and bonuses for using them.
So I am sure, those who will be going in for these tokens are doing so to secure a better standing than others and that is fair enough to understand as long as the token will keep on performing its functions as a liquidity token within the casino and also trade on an exchange.
That token that he was talking about is not a token in reality, it's just a play money and nothing else. However, i wonder if Bitvest might think of introducing its own token just like some other gambling sites have their own tokens.
Having a gambling site native tokens may trend in the upcoming bull market when we will see some huge gains by the existing gambling sites token and other online sites such as bitvest might think to come up with their own token. Having a token gives another edge to the sites as people invest in those good gambling sites token and the sites can generate good income by selling their tokens and developing some interesting use cases for those tokens on their sites.