Online gambling includes all those casino games that you can play digitally, such as online slots, roulette, blackjack, and more. Crypto gambling, for its part, uses all the same principles, except you play with crypto instead of fiat money (like USD, EUR, et cetera). This makes for a different experience, some parts of which are better.
Many of these advantages have something to do with cryptocurrencies, one way or another. It doesn’t necessarily mean that you need to switch from regular online casinos to crypto online casinos. If you know something about crypto, however, it may definitely be an option.
So, let’s see what crypto gambling and bitcoin casino games did better.
One of the more tempting advantages of crypto gambling is how fast transactions are processed on these platforms. Due to the different qualities of Blockchain – like transparency, speed of exchange & security – it doesn’t take nearly as much time to process deposits and withdrawing actions.
While you always need to wait hours or even days on regular casino websites in order to get your payment, crypto casinos don’t have this issue. Payments here can sometimes be processed instantly. For security reasons, they can take additional precautions, but even these don’t take much time.
Registration and verification processes in regular casinos are overly long and convoluted. You have to create an account by submitting some personal details and then submit several more in the verification process. They say the latter is necessary for upholding security, but it’s really just to make sure people don’t make duplicates.
Crypto providers typically have simpler registration and verification actions. Sometimes they don’t even have verification at all, keeping in line with the principles of decentralization. They still require some details more often than not, but they also don’t process these details for weeks on end.
Because these places use Blockchain, they are also less likely to have rigged bets. It happens specifically because the protocols and many processes are typically available in open source. It’s just how it is in these decentralized businesses. It means that it’s easier to detect fraud and to protect from it.
They can still rig your bets, and the usual gambling risk is still there. But at least you know that your chances of winning aren’t usually reduced simply because the company you’re dealing with wants your money so badly. If you deal with a big casino especially, there’ll be a near-zero chance of fraud.
People often forget that you can play your favorite crash crypto game, crypto dice, or slots even without using crypto. Many established providers offer fiat currencies to be used alongside cryptocoins. You may not use the two types of money in the same exact game, but you can still use them on the same website.
It means that you can use the aforementioned advantages of a crypto business without even using crypto. The security can be tighter in places that use this combinatory approach, but it’s still much less obtrusive compared to the usual gambling establishments you find online.