In no other aspect of Bitcoins usage has there been so much excitement and explosive growth as there has been with online gambling. This is mainly because gamblers can play anonymously across borders and use Bitcoin to play the games they know and love, in the exciting world of Bitcoin Casinos.
Bitcoin online casinos are also more attractive to gamblers because they often offer players a better edge than regular casinos. The reason for this is they do not have to offset the expensive processing fees that fiat casinos do.
Traditional casinos are also jumping on the Bitcoin bus as the lack of regulation means less red tape and restrictions.
Although there are very few regulations in place for Bitcoin Casinos, the blockchain itself is transparent and secure, and with that comes provably fair casinos that offer 100% provably fair games. Players can check on fairness with every play they make regardless of the game.
In such a short space of time, we have seen many new Bitcoin casinos come into the market and with the growth and development of the industry, we are now starting to see evolution in Bitcoin casinos. There is the emergence of Bitcoin casinos that are like nothing we have seen before. New casinos such as stake.com and casinofair.com are offering game-changing, cutting edge online casino play.
While there is a whole host of great Bitcoin Casinos to choose from that have been around since the first block was mined on January 3rd 2009, there are always new Bitcoin casinos entering the market. Each one promises a host of never seen before bonuses and promotions, best games or best jackpots, but which of these are really the best? We have gone far and wide to look at all the newest Bitcoin casinos and have put a list below together of the very best for your convenience.
With Bitcoin casinos, there are so many games to choose from. There are the classics that most gamblers are comfortable with like Bitcoin slots, of which there is a never-ending selection to choose from. There are also games like Blackjack, Roulette, Baccarat and of course many, many varieties of Poker.
With the advent of Bitcoin Games, gamblers are being introduced to a whole new perspective on gaming and gambling with cryptocurrency.
Bitcoin games are often a way of acquiring cryptocurrency. Many of the games include a faucet which drips small denominations of Bitcoin into a player’s wallet. The familiar Bitcoin versions of Blackjack, Roulette, and slots offer a good faucet drip rate at an average of every 10 minutes.
Bitcoin games have seen the introduction of games based around shows that are popular with a massive audience, for example, Bitcoin’s Wheel of Wealth is based on ‘Wheel of Fortune.’
‘The price is Right’, which is another old familiar show, has a similar Bitcoin game based on its gameplay, called ‘Falling Fortune’.
Who could live without the Lottery? Instead of weekly draws like the live show, with Bitcoin Lotteries the draw can be as often as every hour.
Gaming providers are sure to keep on coming up with more radical games that require plenty of player participation, making this industry even more entertaining and attracting new players every day.
A lot of previously fiat-only casinos have been left in the dust as the race for cryptocurrency inclusion began several years ago. However, it seems that more and more of the traditional fiat casinos are starting to take on Bitcoin and other cryptocurrencies as a deposit method and turning themselves into what we refer to as “hybrid casinos”.
Cryptocurrency and all that it offers seems to fit hand-in-hand with the online casino industry making it easier for players to have a great gaming experience without all the worries that come with betting USD or EUR. There has been quite a migration of players to Bitcoin casinos, more and more of which keep popping up.
Bitcoin therefore became an obvious expansion point for fiat casinos to become fully inclusive to keep and expand their audiences.
Bitcoin Casinos have had the doors of possibilities thrown wide open to them. There are endless ways to take gaming to new heights. With smartphones and GPS tracking available to almost every person on the planet, it is astounding to think what Bitcoin Casinos can achieve in the future, with games already being offered for things like trading, You-Tube riddles, brain training, reality treasure hunts, battles, and geocaching activities to name but a few. Each with the chance of earning Bitcoin thanks to its low cost financial infrastructure.
What can also be expected from new online casinos are 100% provably fair houses and games. Ethereum’s smart contracts can authorize transactions without third party involvement; allowing for transparency and no possibility of rigging with each bet.
Blockchain in itself is transparent and secure thanks to its open public ledger. Players can check each transaction and gameplay as it happens to ensure that the casino and games it offers are 100% provably fair.
It is important to remember that new Bitcoin Casinos may also operate in a low-regulation environment. Always check the licenses of the casino you’re depositing at, and if a casino is not licensed then deposit at your own risk. It is also useful to check withdrawal Terms & Conditions before playing at any casino, and be sure to keep the bulk of your funds stored in your own private Bitcoin wallet.