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The digital currency has enabled international markets to flourish to its peek and has created a new economy that is going parallel to the currency-based economy. With the new era of the internet and latest technologies gaming has received ample plaudits from this generation.
The brownie point is when you get a chance to play the games with the digital currency (bitcoin) and get a chance to earn money sitting on your couch. There is no dearth of crypto-based online games where you can try your luck. So, here we will discuss the list of the top 5 BTC casino games.
What Are Bitcoin Casinos?
For most of the people who are unaware of Bitcoin, bitcoin is the most popular digital currency based on blockchain technology. Most of the online casinos transact only in bitcoins, while others offer bitcoin as an additional currency of the transaction.
Day by Day we see a growing number of online casinos that offer gambling and money-based games in bitcoin currency. Bitcoin casinos operate all over the globe, though they are supposed to be subject to local laws.
Through bitcoin transactions, these casinos offer a wide variety of options for players to bet their bitcoin money on a variety of games, including traditional casino games, gambling games, sports-based betting, online lotteries, and spread betting.
Reason for its Popularity among Gamers and Gamblers
The online digital trait of this business enables global access and easy availability of players in large numbers, across the globe.
Since online games are largely beyond the purview and control of authorities, many online games have been customized with continuous improvements in the rules of the game. Such variations are not allowed legally in traditional currency-based online casinos, and this has been a major reason for the popularity of bitcoin casinos.
Among all the games Poker is the most popular game for bitcoin casinos, apart from poker a lot of other interesting games, lotteries, and variations of popular games exist and continue to get invented.
Top 5 Popular Bitcoin Casinos
Some of the most popular global bitcoin casinos include:
Bspin.io leads the way of the future for gambling and gaming through cryptocurrency since 2018. They have established a strong casino brand that uses Bitcoin as the sole playing currency. This means that players deposit, play, and withdraw Bitcoin without any additional conversion in their accounts as well as when opening and exiting a game. They offer more than 700 games and still including more each month, they have proven to be one of the best casinos to play with BTC.
Satoshi Dice is a "blockchain-based betting game" operating since 2012. According to the sources it is currently operated by and licensed under Costa Rica-based Blockchain Limitada. To play, a Bitcoin transaction is made to one of the static addresses operated by the service, each having differing payouts.
The service determines if the wager wins or loses and sends a transaction in response with the payout to a winning bet or it returns a tiny fraction of the house's gain to a losing bet. As a result, the game spams the p2p network and blockchain with useless data.
BitZino is known for its exclusive versions of Bitcoin blackjack, video poker, 3 card poker, roulette, and craps. BitZino is among the first explorer brands in the Bitcoin casino market. This site was launched in June 2012.
The authenticity and its popularity are as high as its age in the market of a bitcoin casino. It still continues to bring an authentic Bitcoin casino experience to those who play on its platform. Above all, it gives an essence of bitcoin through ‘bit’ in its name and therefore the only payment method accepted here is Bitcoin.
Satoshibet is one of the pioneering online cryptocurrency casino online sites. It was established in 2013, since then they have grown to offer a variety of games and exciting features that have attracted a wide group of the population from across the globe. Currently, they offer nine games, and the transaction is solely available in Bitcoin, Litecoin, and Dogecoin. In addition to English, they offer accessibility in different other languages such as; German, Russian, Chinese, and Romanian.
1xBit is known to be one of the most popular online platforms offering some of the best bitcoin casino games. Since Bitcoin gambling is the latest groundbreaking innovation in the industry, 1xBit provides different benefits for you such as:
- Easy registration process
- Instant no-fee deposits and withdrawals
- The most competitive odds and wagering options
- Live bets for most sport events
- ONLINE poker
- Top casino games
- Lots of rewards and bonuses
How does the process of Online gaming and gambling through bitcoins go?
The words online gambling and gaming directly takes us to a single term, which is Software. Software happens to be the heart of any online gambling or gaming business. Since Bitcoin is a digital and an imaginary currency the concept of which is also generated through software could be easily linked with anything which has been created through the software systems. Thus, the same holds true for bitcoin casinos. Most popular bitcoin casinos with large user bases run their own gaming software, developed on their own.
The software conducts and runs the game, with a minimal human workforce. For games that need humans as the players, the software plays the role of the table dealer that conducts the game. Due to the digital nature of their business, bitcoin casinos face a huge challenge of convincing the users about the fairness and authenticity of their operations. That is the reason most of the online bitcoin gaming casinos keep the transparency of their work and their software algorithms with the users on their official site.
The Bottom Line
Whether based on actual/conventional currency or digital/anonymous currency transaction Casino Gambling has always been a debatable concept on ethical as well as legal grounds. Bitcoin is still a partially hidden and complex concept. Keeping all the factors into account it becomes increasingly challenging to choose these kinds of activities. But since it is something which is interesting, increasingly growing, and liked by the people all around the world and gives different money-making opportunities due to which users love to invest their time and money into this. But they must always make sure about the authenticity, legal terms, risks, and challenges.
Being a person from a non-technical field, Shreshtha has always tried to focus more on literature to deliver exceptional content from her heart. She is specialized in writing content in the fields ranging from technology to online gaming & casino. Also, she’s been associated with Cryptoknowmics for quite some time and has been delivering top-notch content on topics related to blockchain and cryptocurrencies.
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.