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.

Uptown Aces Casino $8888 +350 Free Spins
Play Now
Bonus
$8888 +350 Free Spins (code: UPTOWN1ACES), Low Playthrough up to $100 (code: 100ACES)
Software
Real Time Gaming
Currency
USD, Bitcoin Cash, EUR, Litecoin, Bitcoin
Bonus
$777 Welcome Bonus
Software
Dragon Gaming, Wager Gaming Technology
Currency
USD, Bitcoin, AUD
Bonus
250% up to $2000 (code: WINTASTIC), 117 Free Spins on Bubble Bubble Slots (code: BUBBLETASTIC), 10 Free Spins on Sign Up for Panda Magic (code: MAGICTASTIC), 50 Free Spins on Fortunate Buddha (code: ENJOY50)
Software
Real Time Gaming
Currency
Bitcoin, Bitcoin Cash, USD
Cafe Casino $1500 Welcome Bonus Package
Play Now
Bonus
$1500 Welcome Bonus Package, $2500 BTC Welcome Bonus Package
Software
Bovada Gaming, Qora, Real Time Gaming, Rival Gaming, Woohoo Games
Currency
Bitcoin, Bitcoin Cash, Litecoin, USD
Bonus
Up to $5000
Software
Dragon Gaming, Wager Gaming Technology
Currency
USD, Bitcoin
Ignition Casino Bitcoin Welcome Bonus
Play Now
Bonus
Bitcoin Welcome Bonus (code: IGBITCOIN200), 300% up to $3000 BTC Poker & Casino Welcome Bonus (code: IGWPCB 150), 200% up to $2000 Poker & Casino Welcome Bonus (code: IGWPCB 100)
Software
Bovada Gaming, Qora, Real Time Gaming, Rival Gaming, Woohoo Games
Currency
Bitcoin, Bitcoin Cash, Litecoin, USD
Bonus
Up to $3000 (code: BOLCASINO), 100% Crypto Bonus (code: CRYPTO100), 100% Poker Match, 50% Sportsbook Welcome (code: BOL1000)
Software
Betsoft, Digital Gaming Solutions, Dragon Gaming, Fresh Deck, Nucleus Gaming
Currency
USD, Dogecoin, Litecoin, Bitcoin
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
Bitcoin, CAD, Litecoin, USD
Bonus
100% up to $1000 (code: NEWWELCOME), 125% Bitcoin Welcome Bonus (code: BTCCW1250), 75% Bitcoin Sports Bonus (code: BTCSWB750), 100% up to $500 for Poker Players (code: PWB500), 100% up to $1000 (code: CAWELCOME100)
Software
Bovada Gaming, Genesis Gaming, Makitone Gaming, Qora, Real Time Gaming, Revolver Gaming, Rival Gaming, Spinomenal, Top Trend Gaming (TTG), Woohoo Games
Currency
Bitcoin, USD
Bonus
$7777 Welcome Bonus (code: SLOTO1MATCH)
Software
Real Time Gaming, ViG
Currency
Bitcoin, Bitcoin Cash, Litecoin, USD