How Bitcoin casinos work
Bitcoin and blockchain technology itself are spreading around the world continuously. At the moment when you are reading this article, another Bitcoin is mining and there are about 18,5 million Bitcoins to date in the world. Besides, there is a limit of Bitcoins possible to mine, and it is 21 billion. Many people are willing to know what will happen to Bitcoin after the whole world amount reaches this range, but this is a topic for another article.
The number of fields where blockchain technology replaces previous methods of processes and transactions is growing fast. Among them are such as investing, online shopping, crowdfunding, charity, sports betting, and others. Many industries are experiencing betterments thanks to Bitcoin. For example, such types of gambling activities as cryptocurrency slots, poker, and online roulette Bitcoin makes it much safer and transparent. Bitcoin casinos work almost the same as traditional ones except for the wider range of betting types and several advantages that are possible thanks to cryptocurrency. Bitcoin casinos offer more game types and lower fees. To play in Bitcoin casino gamblers need a cryptocurrency wallet with a positive balance.
Bitcoin and other crypto roulette games
The rules of traditional roulette correspond to Bitcoin roulette rules. The game is played using a board and a wheel. There are numbers at the table from one to thirty-six on red and black fields and they are similar to the numbers on the reel. There are different roulette types as well as different varieties of bets. The bets are plaid once the dealer spins a wheel, drops a small roulette ball on it, and the ball stops at the particular number.
Several differences between the crypto roulette games are its undeniable benefits at the same time. The main difference is that it is much profitable to play BTC roulette online compared to a traditional one because it is provably fair. And here is how it works: traditional roulette cannot give any guarantees to players that the casino’s odds do not work against them. However, such a guarantee becomes a reality when you play BTC roulette online. The game with Bitcoin allows gamblers to verify the special code and make the game odds clear.
Advantages of playing Bitcoin roulette
Here are more crypto roulette games benefits to consider:
- Very fast withdrawals. Any Bitcoin gambler will prove that transactions within the blockchain are several times faster than fiat currency transactions. Cryptocurrency makes payments transparent and fast.
- The security level is high and above. Bitcoin is almost impossible to hack which was proven many times. Moreover, to date, cryptocurrency transactions are the safest way to pay online. When it comes to casinos, safety comes first.
- High level of confidentiality. Many players need to stay confidential while they are gambling, and any other type of payment cannot provide such a level of confidentiality as cryptocurrency transactions.
To sum up, the main benefit of Bitcoin roulette is that it is provably fair. This guarantees fair play and helps to avoid cheating. You can take total control over your Bitcoin roulette winnings that are executed in one-two hours.