MegaDice

MegaDice Review

According to legend, Satoshi Dice (renamed to MegaDice in 2017) runs on an old Nokia mobile phone abandoned in a Tokyo subway station. The device supposedly contains an artificial intelligence that feeds off the ghost of Satoshi Nakamoto, Bitcoin’s creator. While that is no more than a fun story, the casino really is recognized as a classic within the Bitcoin community. It was created in 2012 by a well-known early adopter and investor, Erik Voorhees. It was later sold to and is still held by an unknown entity.

Gambling on the Blockchain

Probably the most unique feature at MegaDice is the ability to place bets directly on the blockchain. No special client is necessary to gamble – not even a web browser. The only required software is a Bitcoin wallet. Placing a bet is as simple as sending money to any of the addresses on a list published by the casino. Each address has specified odds that range from about 0.8% to 97.7%. Each has its own win multiplier too, which is based on a 1.9% house edge.

After a transaction containing a bet receives one confirmation on the blockchain, the outcome is determined and any winnings are delivered to the address from which the bet was sent. Keep in mind that some web-based Bitcoin wallets use addresses that are shared among numerous users, and these wallets should not be used for on-blockchain gambling. They might not credit you with any money that you win. There is also a 10 mBTC minimum for wagers of this type, which is a little high.

The Web-based Gambling Experience

For anyone who might prefer to gamble smaller amounts, roll faster, or wager less publicly, MegaDice offers an off-blockchain experience. This version is also a little nicer because of the more robust interface that it offers. It is accessed through a web browser and is similar to most other mainstream Bitcoin dice sites.

Upon visiting the casino’s website, an account is automatically created for you and is stored in your browser’s cookies. This makes it easy to return to the site at any time and pick up where you left off. If you want to use the service from a different browser, you can also login using a unique, secret URL that is provided for you. You will also be assigned a Bitcoin address that you can use to add funds to your account. Deposits are credited after just one confirmation.

The web-based gambling experience is quite standard. Players simply select their odds, choose the amount that they would like to wager, and then roll the dice. The user interface for all of this is designed well and runs smoothly, but it is nothing that will blow your mind. Some statistics like recent bets, rare wins, and losing streaks are provided for anyone who might be interested. The house edge for this version is also 1.9%.

Trustworthiness

Both versions of MegaDice offer provably fair gaming. On the blockchain, the lucky number for each bet is determined using several pieces of random data. Some pieces come from the actual Bitcoin transaction containing the wager and one piece is a secret string that is kept by the casino. These secret strings change daily. Hashed versions of them are published in advance and are revealed when they are no longer in use. This allows players to verify that their past outcomes were not manipulated.

Off-blockchain wagers work similarly, except that the server secrets change for every roll as opposed to daily. These secrets are also delivered to the client in a hashed form before each roll and are revealed immediately afterwards, for verification purposes. Players can also add their own data to any roll. This increases randomness so that even the server cannot determine an outcome in advance.

Drawbacks

Unfortunately, MegaDice has a few drawbacks that might turn off some players. For one thing, IP addresses originating from the United States are blocked from using the casino’s website. This means that players in the US cannot use the web version unless they possess the technical skills necessary to mask their IP address and are willing to do so. Gambling on the blockchain, however, is available to anyone. This is because it is fairly difficult to accurately determine the source of a Bitcoin transaction.

The absence of a built-in gambling bot could be another issue for some players. Most dice sites these days have great tools that allow you to automatically use martingale strategies, but MegaDice does not. Third-party software probably exists for automating bets both on and off the blockchain, but that would be much less convenient than using a built-in bot.

Conclusion

Although MegaDice is certainly a viable Bitcoin casino, it does not hold up too well when compared to many of the newer gambling sites out there. Aside from Satoshi Dice’s reputation as a classic, it has surprisingly little to offer. The 1.9% house edge is nothing special and it would be nice to have some extra features like a gambling bot and better accessibility from the US. The casino is provably fair, which is great, but most others are too. The best feature is probably the ability to place bets on the blockchain, although even that is hindered by relatively high minimums and more cumbersome gameplay.

Satoshi Dice / MegaDice might be worth trying out, if only because it is a part of Bitcoin history, but I suspect that after a short time, you will find yourself looking for something more.

MegaDice Bonuses

Free Spins Bonus

100Free Spins

Bonus Details

  • 25x Rollover
  • Contact support in chat after depositing

MegaDice Features

Launch Date

May 2012

Registration Requirements

Personal ID required to withdraw

Games

Dice, HD Slots, Slots

Coins Accepted

Bitcoin

Provably Fair

MegaDice is not provably fair

Faucet

MegaDice has a Bitocin faucet

Lowest House Edge

0.9%

MegaDice Screenshots

MegaDice

Casino Rank #11

CloudBet Rating

79
info

CloudBet is a Montenegro-based casino and sportsbook. The site has been providing players based around the world with a safe, reliable Bitcoin betting service since it was first established in 2013. Powered primarily by BetSoft software, CloudBet guarantees a smooth gambling experience, allowing customers to navigate the site and enjoy immediate Bitcoin transactions with no fees.

Bitcoin Games

CloudBet is, first and foremost, a Bitcoin sportsbook. This is made evident by the style and design of the interface which is very sports-heavy and filled with images of football, tennis and hockey stars- among others. CloudBet’s dedication to sports definitely pays off, as the site boasts a vast, diverse sportsbook covering just about every sports market that even the most discerning Bitcoin sports bettor could hope to find including American Football, ESports and MMA. The sportsbook also has a ‘Specials’ section where players can place predictive bets on events in the political and entertainment arenas. There are dozens of different betting options available on each game and event in the Bitcoin sportsbook of CloudBet, starting with between 20 and 30 on major US sports and reaching around 100 on the Premiership soccer league. Betting options can be as simple as winner/loser or as specific as the first player to score.

In the casino section of CloudBet, players can pick from a wide range of Bitcoin slots powered by some of the biggest names in the industry including BetSoft, Microgaming and Play’n Go. At the time of writing, CloudBet’s slots library is 293 titles strong, which means that every player will find the style and theme of game to suit them. This jam-packed catalogue includes innovative video slots with hundreds of ways to win, classic five reel fruit machines and progressive jackpots. Also in CloudBet’s casino are 55 different types of table games. These, of course, include all of the usual casino classics such as blackjack, poker, roulette and baccarat- all of which come with a variety of different versions. Table game players can also play with Bitcoins on slightly more obscure games like Keno. At any time of day, CloudBet customers can enjoy the action of the live casino section by watching roulette, blackjack and baccarat games unfold in real time.

Whether players choose to place bets in the sportsbook or casino games section of CloudBet, they can enjoy fast, fuss-free Bitcoin betting in an instant-play web browser or in the fully optimized mobile version of the platform.

Reputation

Every Bitcoin gambler should do their research and take note of a site’s reputation before signing up for an account. When searching online for reviews of CloudBet, one of the first results to come up is a scathing report from a customer claiming to have been scammed out of their welcome bonus by CloudBet. This in-depth complaint is impossible to ignore and it does seem as though the complainant had a seriously bad experience with the site. However, this appears to be a one-off and CloudBet generally receives positive reviews from the public and is highly-favored by the Bitcoin betting audience. There is no question that CloudBet takes the security of players and takes plenty of measures, including implementing 2-step authentication and keeping Bitcoins in cold storage, to guarantee player safety. All of this contributes to the predominantly positive feedback that CloudBet has received.

Promotions

There is only one promotion on the cards at CloudBet. This is a 100% welcome offer which matches new players’ first deposit up to 5BTC. This highly generous welcome deal is dished out in increments of 10Mbtc at a time. CloudBet makes the bold claim that they offer the biggest and best Bitcoin bonus in the online casino/sportsbook industry. It’s difficult to verify whether or not this is genuinely the case, but this is certainly up there with the most impressive welcome offers we’ve seen yet.

Conclusion

CloudBet is a highly recommended Bitcoin betting platform for both those who prefer placing wagers on sports events or casino/slot games. The high standard of CloudBet’s games and website operation make this an enjoyable place to play, but it’s that astounding welcome bonus which really makes CloudBet stand out from its competitors. Like most casinos, there are features which CloudBet could improve; the most obvious is the customer support service which would greatly benefit from the addition of a live chat option. On the whole however, this is a great Bitcoin gambling spot.

CloudBet Features

  • Highly polished casino and sportsbook
  • Trusted and long standing
  • Multiple games, very active
Casino Rank #12

MegaDice Rating

78

MegaDice Features

  • Leaderboard giveaways
  • Refer a friend program
  • Highly polished dice game
Casino Rank #13

BitStarz Rating

78

BitStarz Features

  • Hugely respected Bitcoin casino
  • Popular "Slot Wars" and "Table Wars" promotions
  • Highly trusted
  • Large range of casino games
  • Long standing Bitcoin casino
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