You will level up simply by wagering on Degens. Wagers earn XP and XP earns level ups in the VIP system. XP is earned whether you win or lose your bet - every wager earns XP.
Once 500 XP is earned, you have leveled up your first time and are automatically promoted to level Bronze 1. This first promotion earns you a level up bonus and access to instant rakeback. Keep leveling up to unlock more and bigger bonuses!