The more people start to enjoy the freedom of having digital money without any bank involvement, the more interesting opportunities they will take specially on their video game careers. One of them is gambling with bitcoins to win bitcoins. Compared to the 10s, players are pretty much free from converting one currency to another. Back then, you could theoretically gamble your crypto saving, but barely any websites had tools to proceed with such payments. Today the progress has come to the point where gamblers can find bitcoin slot machines made on the blockchain! It should show how much the industry has transformed and spark curiosity about what lies ahead!
Ethereum 2.0 will affect the gaming and gambling industry
The next Ethereum update is around the corner with the functionality which benefits both gamers and gamblers the most. It promises the whole development kit, which anyone can use to make their own games, slots and roulette included. That means saying goodbye to playing with software from the same 10 companies and the beginning of the independent gambling era.
The 3rd party, in the form of sites hosting many games in one place, will stay for more or less. But it is definitely possible the players will abandon this concept in the future thanks to the decentralized blockchain technology. Even if the prices of cryptocurrencies are volatile, the applications will stay and become even more advanced in the future!
Plays exactly like before
Even if the development environment of such applications is far from the traditional one, the games themselves are more than familiar. Alpha and beta versions of the most promising blockchain slots, for example, play exactly like server cousins. Other types of gambling activities had been replicated on the Ethereum blockchain:
- mobile gaming
And other gambling games like:
- high or low;
It is definitely dangerous to play standalone games as most of them are in the grey zone of the law. Better to find a trustworthy bitcoin casino specializing in decentralized gambling. The task is somewhat simple, including the same approach as any other online place. It should have a registration number, working customer service, and legit payment credentials. As an optional checkbox, the library and promotions better be fitting players’ tastes. Today rarely anyone has time to manually look for sites to play with cryptocurrency, so just stick to our Top 5:
To ensure the website is legit and tested by fellow gamblers, review aggregators like Towerbet are a must-use. Their algorithms prevent bot reviews and review bombing from happening. Users can be sure 99% of the feedback about the online casino is legit.
KYC rules are still here
Even if full decentralization is on the horizon, it is hard to gamble anonymously today. Casinos prefer to implement Know Your Customer policies to prevent criminal schemes like money laundering from happening. That means the crypto wallet from which payments were made will be tied to the ID provided. Blockchain gambling is still regular gambling, just with some convenience in place. Remember that the winnings will bring only the positive in your life!
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