iBankroll partners with MonkeyTilt to share risks, boost VIP betting limits

(AsiaGameHub) –   iBankroll and crypto sports and casino operator MonkeyTilt have entered into a risk-sharing partnership to expand VIP betting limits using iBankroll’s Bankroll-as-a-Service model, the two companies announced.

Under this agreement, iBankroll stated it will absorb short-term fluctuations tied to high-stakes gaming, reducing MonkeyTilt’s need to hold large capital reserves for covering potential losses and immediate payouts. The approach, per iBankroll, is designed to free up the operator’s balance sheet capacity for investments in product development, marketing, and customer experience.

The partnership enables MonkeyTilt players to access $1 million per-round blackjack, $6 million maximum slot wins, unlimited daily withdrawals, and “top-of-market sports betting limits,” the companies said. MonkeyTilt is backed by PolyChain and Pantera Capital and has raised over $80 million in funding, according to the firm.

Hayden Bowman, Co-Founder of iBankroll, commented: “MonkeyTilt is building one of the most ambitious consumer products in this space.

“Sam and his team don’t take partnerships lightly, and neither do we when the deal is of this size. We’ve spent the past several months getting every component in place so MonkeyTilt can handle significant volume and volatility with zero bankroll risk on their side. It’s been a genuine pleasure working with them, and we’re excited to continue this collaboration.”

Sam Kiki, Founder and CEO of MonkeyTilt, said: “MonkeyTilt has raised over $80 million from investors like Pantera Capital, Polychain, PokerGo, and myself. However, we’ve always had to earmark a large portion of our balance sheet to guarantee immediate payouts to winners.

“Moving forward, this risk will be taken on by our partners, freeing up our capital for growth. What most people don’t realize is that 99 percent of startup casinos don’t actually have a proper bankroll. Some accept $100K-per-hand bets knowing they can’t cover the downside. This deal puts us in the 1 percent that doesn’t have to worry about this issue.”