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Crypto Casinos: The Future of Gambling at Your Fingertips

Ever feel like the odds are stacked against you before you even start playing? Between sneaky fees, slow payouts, and doubts about game fairness, traditional online casinos can leave you feeling like you’re playing a losing hand.

But not with crypto casinos that allow you to check if a game is rigged. They also allow you to get your payouts almost instantly without waiting for banks' working hours. Here, we’ll explore how platforms like Sportbet.one change the world of online gambling and how you can benefit from it.

What is a crypto casino, and why play it?

A crypto casino is an online gambling platform where players can use cryptocurrencies to place bets, play games, and cash out their winnings.

At first sight, online crypto casinos are exactly the same as the traditional ones, and the only difference is that they work with digital currencies like Bitcoin, Ethereum, Dogecoin, Litecoin, and others. But when you look closer, you find many other differences that come from one key feature — the decentralized nature of crypto platforms.

Unlike traditional online casinos that rely on standard currency (like dollars or euros) and work through banks or payment processors, crypto casinos use blockchain technology to handle transactions. So, there are no third parties that process payments for withdrawals and payouts, which gives crypto casinos several significant benefits.

Anonymity

Regular casinos usually require identity verification and KYC to process payments of any size, while crypto casinos only need a wallet address to handle transactions. Crypto casinos allow users to wager and play without sharing much personal information since they aren’t obliged to collect it, unlike banks and thirs-party services that use traditional payment methods.

This gives you more privacy and helps save time without filling out forms with personal details.

Lower fees

When you play at a crypto casino, the transaction fees are generally lower compared to traditional banking methods. This is because crypto payments don’t rely on intermediaries like banks or payment services. Depending on the platform and type of cryptocurrency you use, there can be no commission at all or just a very small percentage of your transaction as a fee.

Faster crypto transactions

Another standout benefit of using cryptos is the speed of transactions. Once again, since there are no banks involved, nobody slows down the process, so deposits are often near-instant, and a withdrawal takes minutes or a maximum of a few hours. This is a huge step from days of waiting with traditional banks.

Provably fair games

Provably fair games are a concept unique to blockchain-based platforms, allowing players to verify the fairness of each game result.

In simple terms, it works like this:

  • Before a game starts, a cryptographic algorithm creates a seed (a random number), hashes it, and shows you a hashed version.
  • You also generate a seed by putting a random number or letting the browser choose it for you, which ensures you have some control over the randomness.
  • During the game, both you and the casino use their seeds to determine the outcome, like a roulette spin or a dice roll. Since you get to choose or change your seed, the casino can’t mess with the results to change the outcome in their favor.
  • After the game is over, you can use your seed and casino seed to recreate the same algorithm in the platform's built-in provability fair checker or third-party tools, like RocketHub or ProvablyFair. If the results are not the same, the casino tries to fool you.

So, a crypto casino gives you everything to make the gaming experience better: security, speed, and fairness of the games. That’s why the number of crypto bets has increased by 83.6% in 2023 compared to the second half of 2022.

And you can add your bets to it. But first, let’s figure out what cryptocurrency is better to use in casinos and if there is any difference at all.

Bitcoin vs. altcoins: Which is better for online gambling?

When it comes to online gambling, Bitcoin is the go-to for most players, but it's not the only option. Let’s compare Bitcoin with some other popular cryptocurrencies used in casinos — like Ethereum, Litecoin, Tether, and Solana — to see how they stack up in terms of speed, fees, and where they’re accepted.

Bitcoin (BTC)

Bitcoin is the most widely accepted cryptocurrency in online casinos, and that’s not by accident. It’s the oldest, most recognized, and offers decent transaction speeds. However, Bitcoin's network can get congested, leading to slower transactions and higher fees during busy periods. Despite that, the trust and widespread support for Bitcoin make it a favorite for most players.

  • Pros: Widely accepted, trusted, and secure.
  • Cons: Can have slower transaction times and higher fees during peak usage.

Ethereum (ETH)

Ethereum is another big name in crypto, but it’s known more for its smart contracts than gambling. Ethereum transactions are generally faster than Bitcoin’s, but the fees (called gas fees) can be pretty high, especially when the network is busy.

  • Pros: Faster transactions than Bitcoin, lots of casino support.
  • Cons: Gas fees can be unpredictable and pricey.

Litecoin (LTC)

Litecoin is often referred to as the "silver" to Bitcoin’s "gold." It was designed to offer faster and cheaper transactions than Bitcoin, which is why some players prefer it. Its lower fees and quicker confirmations make it a solid choice for casino deposits and withdrawals.

  • Pros: Faster and cheaper than Bitcoin.
  • Cons: Not as commonly used as Bitcoin, so fewer casinos accept it.

Solana (SOL)

Solana has recently gained popularity for its lightning-fast transactions and low fees, making it ideal for fast-paced gaming. While it’s accepted at more casinos now, it’s still catching up to Bitcoin’s level of recognition.

  • Pros: High-speed transactions, low fees, smart contract support.
  • Cons: Less widely accepted than Bitcoin or Ethereum.

Tether (USDT)

As a stablecoin, Tether is pegged to the US dollar, giving it the advantage of stability compared to other cryptocurrencies. It’s often used for players who want predictable value without volatility. However, some casinos may charge higher fees on USDT transactions.

  • Pros: Stable value, wide acceptance, minimal price fluctuation.
    Cons: Limited availability for bonuses, higher transaction fees.

So, even though altcoins win over Bitcoin in some points, Bitcoin tokens remains the “house favorite” — everyone knows it, trusts it, and most places accept it. Besides, many online shops and services also accept Bitcoin as payment, and you’ll never fail to find a good exchange or buyer for your coins. So, it would never be a problem for you to spend your winnings.

But first, you need to earn them, and you can do it by playing one or several of the popular online casino games with Bitcoin.

The best crypto and Bitcoin casino games to play

Any good crypto casino has a set of popular table games to satisfy its customers, which includes these options.

Bitcoin slots

Slots are simple — just spin the reels and match symbols across pay lines to win. With over 1800 slot games on Sportbet.one from different providers, you’ll find different themes and bonus features like a free spin and multiplier that help you win a jackpot.

Crypto blackjack

In blackjack, the goal is to get as close to 21 as possible without going over. Players are dealt two cards and can hit (take more cards) or stand (keep their hand). Sportbet.one offers 300 variations, including classic and modern twists on the game.

Bitcoin roulette

Roulette involves wagering on where a ball will land on a spinning wheel. Players can choose numbers, colors (red/black), or sections (odd/even). Sportbet.one has a selection of 70 game versions, including European, American, and French roulette, each with slightly different wheel layouts.

Crypto poker

In poker, players compete for the best hand using a combination of their cards and community cards dealt on the table. The game also involves betting as you stake money and a player with the best combination wins the whole bank Popular variants like Texas Hold’em and Three Card poker are part of the 15 crypto poker games on Sportbet.one.

Live dealer games with Bitcoin

Live dealer games bring classic casino games to life with real-time interactions. Sportbet.one offers 41 live games, including poker, blackjack, baccarat, and roulette. The rules are the same as in their standard versions but with the added experience of playing with a real dealer on screen.

If one of the games speaks to you — great! You know where to start to find your favorites. Still, first, you need to choose a Bitcoin casino to enjoy the experience fully. You’re free to explore different gambling platforms and websites as long as you remember the rules for choosing safe casinos.

How to choose a safe and reliable crypto casino

When selecting a secure and trustworthy crypto casino, it’s crucial to keep a few key factors:

  • Check for security features: Look for gambling sites with SSL encryption to protect your personal and financial data. Also, two-factor authentication (2FA) gives you extra protection from scammers and hackers.
  1. Provably fair games: Check if a casino offers provably fair games where you can independently verify each game’s outcome.
  2. User reviews and feedback: A quick search for user reviews can give you a sense of the platform's reputation. Look for consistent positive feedback about payouts, customer service, and game fairness.
  3. Licensing and regulation: A casino should have the proper license. Moreover, crypto casinos should also rely on the blockchain for transparency and security. So, check both these details.

As an example of a safe and reliable casino, you can look at Sportbet.one. We have all our licenses, security practices, and provability fair information placed in the website footer for easy access. You can also contact customer support to clarify any details and check reviews by simply Googling or going to official forum threads Casinomeister.com, Bitcointalk.com, and Bookmakersreview.com. This way, we show you that we have nothing to hide.

You can apply the same parameters when checking other websites, but if you want to save time, just stay with Sportbet.one and have the best gambling experience.

Just look how easily you can start playing!

How to get started with Bitcoin and crypto casino games on Sportbet.one

To start playing with Sportbet.one, you need to follow only a few steps:

    1. Create a wallet: Since Sportbet.one is decentralized, you'll need a crypto wallet to get started. You can use wallets like Scatter or Anchor to connect to the EOS blockchain.
  • Sign in: Go to Sportbet.one and register in any way that is comfortable for you — with email, social media, or even an e-wallet number.
  • Deposit funds: Deposit your account using cryptocurrencies like Bitcoin, Ethereum, or EOS. You can transfer money from your wallet directly, or if you haven’t purchased crypto yet, you can do it by using an in-build crypto exchange on the platform.
  • Play: With your deposit loaded, you can explore casino games and play available in your region.

It’s that simple — no long registration, no ID check! Just click a few buttons, and you’re in the game.

It’s time for something new

In the world of online gambling, crypto casinos are clearly raising the stakes. With fast transactions, extra privacy, and transparent games, it’s no wonder they’re quickly overtaking their traditional counterparts. Plus, getting started is super easy— no form to fill; just connect your wallet, and you’re in.

So why stick with the old-school approach when crypto casinos are right at your fingertips? It’s time to try something new and use your chance to have fun and win some money.