The Crypto scene became popular once many people got rich from investing in Bitcoin. The profits some of the Bitcoin users made just by buying and holding are spectacular.
The space attracted more individuals to try their luck in crypto investing. More than 4% of people in the world keep a part of their money in cryptocurrencies.
All crypto sectors have grown, including Bitcoin casino games and sports betting. Are there any merits for using Bitcoin for gambling?
Various types of companies operate in crypto gambling. Some FIAT casinos implemented payments with Bitcoin and other coins, while other platforms cater exclusively to crypto users.
The main advantages of Bitcoin gambling are the followings:
• Security – If you hold Bitcoin or other coins in your wallet, you own the keys, and funds are in your custody.
• Anonymity – You don’t need personal details to move around your Bitcoin and other cryptocurrencies. Some casinos and sportsbooks require a KYC procedure, though.
• Fast – Different blockchains process transactions with various confirmation times. Some may complete the transaction almost instantaneously. The payment requests don’t go through the bank validation, meaning no 3rd party will cause delays.
• Cheap – Move large amounts of money for just pennies or a dollar. Some cryptocurrencies feature cost-effective transactions (Tron, Binance Coin, Litecoin), while others are expensive at times (Ethereum).
• Convenience – Use Bitcoin casinos for gambling if you already own crypto. There are no trades required.
As you can see, some people will happily take advantage of the benefits associated with Bitcoin gambling.
What games can you play on crypto casinos?
Games you can play on Bitcoin casinos don’t differ from what you see at the standard FIAT casino.
You won’t ever get bored with an extensive selection of slots, in-house games, and live casino games. Do you love card games? No problem. Choose from multiple poker and blackjack variations.
See the excerpt of crypto casinos games:
If you’re a sports fan, check out crypto sports betting. Find the best betting odds, high betting limits, and a broad coverage of sporting events.
Originals is a unique section of games offered by crypto casinos. Most high-quality Bitcoin sites provide popular games with their own design and graphics.
These games usually feature a high RTP (return to player) percentage and run on the ‘Provably Fair’ protocol. It secures the randomness of outcomes. Blockchain technology guarantees the fairness of the game. Play the ‘Provably Fair’ titles to be sure the operator doesn’t cheat on its players. Another benefit is that everyone can validate game results.
You can find the following games among the Originals:
• And other ones
Sometimes you can try the Original Blackjack games. These are simple and quick. Or join the Blackjack tables operated by a third party.
Do you prefer Blackjack live or playing against the computer? With Bitcoin, you can pick from both. Feel the thrill of beating the live dealer in a long Blackjack session. Or load the Blackjack original by Stake or BC.Game casinos and put in a quick winning streak.
Bitcoin isn’t the only coin you can reap the benefits of crypto gambling. Nowadays, the majority of crypto casinos accept more currencies. Some gambling platforms focus only on the top cryptocurrencies, while others might support multiple lesser-known altcoins.
Avoid the crypto market volatility by playing with stablecoins. These cryptocurrencies have pegged value to the US dollar. If you don’t like the possibility of waking up to a -10% drawback of your portfolio, you might look deeper into this option.