Gambling, Cryptocurrencies and Blockchain

One of the most popular uses of Bitcoin is online gambling, This is evidenced with the popularity of platforms like SatoshiDice.

The Cryptocurrency casinos might take advantage of blockchain’s technology in two ways. The first accepts payment using the services of cryptocurrency like Bitcoin. The second provides an attractive experience for users in the form of provably fair gaming that makes use of blockchain as a mechanism that provides the open source functions that are necessary to operate the provably fair algorithms, i.e. the random seed generation, hashing, and also random number generation.

The legality of online gambling using cryptocurrencies is a controversial subject in parts of the world. However, cryptocurrency casinos clearly demonstrate that an online gambling experience can be reliable, seamless, and provably trustworthy. Cryptocurrency casinos are showing the world there’s a better way for players to interact with the gaming industry. Business leaders and Regulators are now taking a more determined stance on how best to proceed.

In the gaming industry context this transformation has been felt acutely by the established gaming houses entering the online wagering marketplace, many popular games like poker and slots can be played directly using a smartphone or laptop.

In the U.S. some jurisdictions have implemented legislation that limits these services while some states have outlawed the online gambling practice altogether. The gambling industry has a need for a rigorous solution to problems, such as, the propensity of the game providers to “cheat” or to manipulate the house edge in their favour.

The scale that the larger gaming houses operate means that a slight manipulation, one that would be unnoticed by players, for instance, there might be an increase in the probability for the house to win from 51% to 52%, such a small increase could mean a large increase in profit for the casino at the expense of the public. One way of preventing this type of manipulation is by implementing tight regulatory controls within the gaming industry.

Today we are living in a time where the emergence of cryptocurrencies, such as, Bitcoin has started to reconfigure the way that the online gambling operations are conceived and implemented at all the stages of an organization.

Cafe Casino

Super Play up to $5000

Play Now

Bonus

Super Play up to $5000 (code: CAFE500), No-Max up to $1000 (code: CAFE100), Super Play up to $6000 using Bitcoin (code: CCBITCOIN600), No-Max Bitcoin Match (code: CCBITCOIN150)

Software

Bovada Gaming, Qora, Real Time Gaming, Rival Gaming, Woohoo Games

Currency

USD, Bitcoin Cash, Bitcoin, Litecoin

Casino Extreme

Up to $3000

Play Now

Bonus

Up to $3000 (code: EXTREME), $50 Free (code: EXTREME50)

Software

Real Time Gaming

Currency

Litecoin, Ethereum, Bitcoin Cash, Dogecoin, Dashcoin, Bitcoin, USD, EUR

Slots.LV

Up to $5000

Play Now

Bonus

Up to $5000 (code: HELLOSLOTS200), Up to $7500 Bitcoin Welcome Bonus (code: SLBITCOIN300)

Software

Bovada Gaming, Qora, Real Time Gaming, Rival Gaming, Woohoo Games

Currency

CAD, Litecoin, USD, Bitcoin

This is Vegas Casino

100% up to $1000

Play Now

Bonus

100% up to $1000 (code: NEW100_999SPINS), 300% Welcome BTC Match (code: 300BTC), 999 Free Spins on Ten Times Wins (code: 999VEGASPINS), 280% Zelle Welcome Bonus + 50 Free Spins

Software

Arrow's Edge, Betsoft, Booming Games, Booongo, Felix Gaming, Fugaso, Qora, Rival Gaming, Saucify (BetOnSoft), Spinomenal, Tom Horn Enterprise

Currency

Litecoin, Bitcoin, AUD, ZAR, Bitcoin Cash, Ethereum, NZD, GBP, EUR, USD

Bovada Casino

100% up to $1000

Play Now

Bonus

100% up to $1000 (code: NEWWELCOME), 125% Bitcoin Welcome Bonus (code: BTCCW1250)

Software

Bovada Gaming, Genesis Gaming, Makitone Gaming, Qora, Real Time Gaming, Revolver Gaming, Rival Gaming, Spinomenal, Top Trend Gaming (TTG), Woohoo Games

Currency

USD, Bitcoin