Top Online Casinos with Cryptocurrencies
Blockchain technology is error resistant. Can you imagine, Bitcoin was invented 13 years ago and since then its blockchain has been functioning without major disruptions. So far, all problems happen because of service hacking or poor control. In other words, it happened due to the human factor, and not mistakes made in the development of the protocol. Blockchain is a mechanism that guarantees the highest degree of accounting and identification. Together, the two systems allow avoiding human errors, preventing changes from being made without the permission of the parties involved. It’s tightly connected with the casino.
Top 5 New Zealand Casinos:
Blockchain is a continuous sequence of information storage blocks in the network. As a result, it protects the site from access by unauthorized persons and built according to certain rules. Such a chain records not only financial transactions but everything that has value. Furthermore, each user can post certain information on the network, while others can use it from anywhere in the world. Blockchains transfer a wide variety of values. To gain access to them, you need to have a confidential key with a help of the cryptographic algorithm. By giving it to someone, the user, in fact, gives that person access to the funds stored in a specific section of the blockchain. In the case of bitcoins, such keys open access to the wallets with such coins.
Trends and prospects in gambling
Blockchain technology remains one of the hottest topics in the financial services sector. Therefore, it continues to expand rapidly in the areas of money and digital identity in recent years. Now is the moment when technology is being tested in all the most significant spheres of public life. And soon the number of projects using it will increase significantly. For example, new platforms operating on the blockchain have the main principles of the general availability of information and top security. For this reason, it can be a good alternative for services where there is a risk of fraud or data theft. In a short time of its existence, technology has gone from innovation to a mechanism that largest corporations, government agencies, and public organizations actively use. This only confirms that the gambling industry will reveal the potential of the technology even more in the future.
Future of blockchain gambling
Analysts predict that by the end of 2023, the growth of the global gambling market may exceed $500 billion. The gambling business is difficult to regulate, and even licensed casinos cannot guarantee 100% transparency. Blockchain will solve this problem and help the industry reach new heights. The key features of the technology are transparency and the highest degree of protection of the received data. Moreover, there is a strict tracking of all monetary transactions on blockchain or crypto casinos. A distributed data storage system ensures that the received information is on multiple devices and forbidden of changed. Since the data is publicly available to the system participants, it is easy to double-check, which gives users a guarantee of fair play.
Gambling resources use Blockchain in different ways. For example, they offer slots based on this technology or provide players with the opportunity to carry out transactions in cryptocurrency. Any of these options is attractive to customers and increases their confidence playing casino sites. By using cryptocurrency wallets, users can remain completely anonymous. In recent years, the number of crypto casinos that have started accepting digital money as an alternative payment method has grown markedly.
Gambling and betting sites suffer from the same problems like lack of transparency, restriction of payments by user location, and dishonest casino operators. Today there are a large number of gambling sites created only with the purpose of deceiving players and drawing money out of them. Blockchain technology allows you to permanently solve this problem. The use of blockchain and cryptocurrency technologies in the field of online gambling helps to reduce some negative aspects. And a number of casinos have high hopes for its integration. For example, cryptocurrency transfers in the majority of cases go unnoticed by security officers of financial organizations. Therefore, they attract less attention and reduce the likelihood of further blocking the site.
The boundaries between countries and the location of the sender and recipient do not play an important role, for cryptocurrencies. However, for alternative payment methods, it’s quite necessary.
Key points of operation of online casinos on blockchain
Blockchain casinos operate on smart contracts. This means that the technology will make a calculation of the user’s winnings and transferring the amount to his crypto wallet automatically. In addition, no other outsiders participate in money transfers, which helps to increase the speed. During the use of the blockchain, many users take the role of saving the information on their devices. All information is in the access of network participants, and they can get acquainted with it at any moment. The use of blockchain technology in the gambling sector provides the following advantages for both players and casinos:
- Anonymity. You can gamble on the blockchain without specifying personal data. Such resources request documents, and participation in certain promotions sometimes does not even require going through the account registration procedure.
- The minimum commission and high-speed financial transactions. The transfer of funds to casinos on the blockchain is carried out as soon as possible due to the direct transactions. In addition, transactions based on blockchain technology are subject to lower fees compared to conventional casinos.
- Availability of information. Thanks to free access to data, the level of trust and loyalty of players to the casinos’ increases.
Top Cryptocurrency Casinos
Gambling resources using blockchain technology are not new in the gambling industry. Among the most famous casinos of this kind are the following:
- BitCasino is the first bitcoin casino in the world to be licensed. The gambling platform works with Bitcoin and allows customers to instantly withdraw funds from their accounts. The assortment includes almost one and a half thousand games, including slot machines, poker, roulette, blackjack, and other table games. This is the first crypto platform that provided gamblers with access to software from Microgaming. The casino is notable for its loyal deposit limits – the minimum deposit amount is 0.001 BTC.
- Booi Casino entered the gambling market in 2019. At the moment, the site supports 15 payment methods, including cryptocurrencies. It is possible to deposit and withdraw money from the account in Bitcoin, Ripple, Litecoin, Dash, DOGE, and Ethereum.
- FairPlay is one of the first licensed crypto resources to implement gameplay integrity control using blockchain. The site contains video slots, lotteries, cards, and board games. The casino makes instant payments. The site works with bitcoin and other cryptocurrencies.
The answer to this question depends on your objective. If you want to play just for fun, yes, it works. You can deposit, play, sometimes get payouts back from the casino. Though I doubt that this is what you really wish for. For the reason that people usually come to online casinos to win some extra money (as if they didn’t enjoy the salary), it often works for them too. But it always happens that online casinos are in a better position.
How can online casino work for you?
No matter how much or little you play, deposit or bet at a single game, casino will win over you. Or another player, or another one. It depends on when you stop. No one clearly understands it, and even if so, doesn’t follow this recommendation. Online casinos say to play responsibly but gamblers keep spinning. And this is their biggest mistake.
The only way to beat the casino
The thing is that you can be the winner only when you stop at the right time during the game. Once you win a good amount, make a couple of spins and go out if there are no successful ones anymore. Only this way is possible to beat the casino and make it work for you.
Thus and only you will see how the online casino really works in terms of bringing profit. But don’t get too fascinated about it. Still, the casino needs to make profit for itself too. So, if you lose all the money on slots, you just lose and never get them back.
Choose the trusted casino
Besides, remember to test the casino for trustworthiness before you deposit. It’s actually a very significant move if you wish online casinos were fair and really paid you out. The info on how to distinguish the ‘right’ casino is on our website. Check it out and follow the recommendations.
As soon as you join the online casinos world and may have already spent a couple of hundreds on games, you don’t want to lose anymore. Your only chance left is to learn how to play wisely. Using some knowledge, you can win a lot more than usual. Of course, it may not save you from losing as far as the games’ results are random. But it can help you try to win every time you play. I’m going to tell you some simple but true pieces of advice on how to make every game work on you.
Right casino is required
Before you start to play games and join the online casino itself, you need to choose it. The very correct way to choose the casino is to check it for the following points.
- Licence. Every well-reputable casino has a licence. Usually issued by MGA, UKGC, Curacao, Costa Rica or others.
- Terms. Read the conditions and policy thoroughly. If something confuses you, it can be a wrong online casino.
- Feedback. Don’t ever deny comments on the online casino you choose. The real comments from real players can be the key to searches of the perfect casino.
Game with a high pay
Indeed, what helps you to win is the game itself. Each game has an RTP percentage. It’s the amount of money you return. Remember that RTP must be over 95%. If it’s lower, don’t waste your time and money on this game. The percentage is given in the game rules, so you’ll easily find it. In general, the highest RTPs are found in table games like blackjack and poker. Slots are considered to have low RTPs. But you can still find good ones from Microgaming or NetEnt.
Master the game
The most useful thing you can do to win money is to learn the game you’re playing. Being a professional at one and only online game is extremely important. You have to learn the game rules and practice it a million times. It doesn’t mean that you need to play all this time for money. Alternatively, use the free mode to master the game. Once you feel like a guru of the game, proceed to real money mode of gaming.
Even though you’re a professional, you can’t just play the game and win. It doesn’t work like this. You have to build a strategy. It can be a betting strategy when you play slots, for example. Firstly, bet the smallest amount, then bet gradually higher, and maybe again low. It’s your strategy according to your game knowledge,
In case you play table games, for example, roulette, you can also use the betting strategy. Let yourself bet on several options with various bet sizes. For example, everyone knows that in order to win at roulette one should place bets on odds and even, or other cross-related sections.
Remember about promos
Promotions are supposed to be beneficial for players. Equally for online casinos though. Learn the promo page of your casino, especially the wagering requirements for each offer. Choose a promo and use it wisely to benefit more from an online game. Implement the promo into your gaming strategy, thus you’ll get more chances to win every time you play.
Stop at the right time
The final hint for your next winning round is to stop. Once you are a winner, quit the game. Right away. Don’t make other spins. It’s the main mistake of all gamblers. They never know when to stop and lose more and more with every step. Make different moves. Stop playing as soon as your balance gets higher than the initial. It’s your most obligatory step if you want to win every time.
People sign up at online casinos for a reason to get money. Usually, the just-registered players have a chance to use their first head-spinning bonus. This is the only chance they can use it – upon sign up. If you intend to do it once again, it’s impossible. Unless you have a totally different personality which I really doubt.
Only one account
The fact is that you can’t register at one and the same online casino several times in a row. Moreover, the casino may take such an attempt for bonus abuse and block you without opportunity to withdraw the rest of your money. In case that you have changed some data and from now on you can’t proceed withdrawing, it’s better to contact the help centre of the online casino and let them advise you what to do.
Otherwise, there’s only one possible but absolutely artificial and illegal way to register at the casino repetitively. It’s stealing personality. Or creating a new person with totally different unique data. It regards not only the username and email. It also spreads to the verification docs, banking docs and data. Everything should be so true, that not a single security check could spot the fake. Meanwhile, we don’t recommend doing this. It’s better to stay safe and free.
Besides, even though it’s not possible to register many times at one casino, it doesn’t mean that you can’t do this with several other online casinos. What I mean is that you can sign up and play at as many different online casinos as you want. No one will stop or ban you for this. Actually, you can even sign up, play through your bonus money and complete the wagering requirement, then withdraw and close the account. Later proceed to the next one and so on.