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Guide to Bitcoin Gambling!

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In the last artcile on our updated new blog, we covered the subject of bitcoin blackjack. So naturally, we thought it would be wise to also post a guide to all bitcoin based gambling, an introduce you to the digital currency in general. More in depth articles are coming soon!

Bitcoing Gambling

There are plenty of opportunities for you to gamble online using Bitcoin. They cover every type of gambling game, from Poker to Bingo. Here are a few of the more popular gambling games that are available for the Bitcoin user:

Bitcoin Dice:

Dice is a popular online game that allows the player to enjoy quick betting with small amounts. When using Bitcoin, these games can be played live, in real-time.

Bitcoin Poker:

Bitcoin users can forget the standard computer generated online poker games. By using Bitcoin, Poker players can meet in live poker rooms and play one-on-one or in tournaments against other Bitcoin players from around the globe.

Bitcoin Sports Betting:

Live sports betting, with wagers placed in real-time is just the beginning. The Bitcoin gambler can leverage those precious seconds before placing a bet that can make all the difference.

Other Bitcoin Gambling Games:

Any game that allows real time betting, or live interaction, benefits from the use of Bitcoins. The quick processing and efficient conversion allows users of Bitcoin to operate smoother and faster, and gives them an advantage over others who have to wait for their transactions to clear before moving on.

In any gambling venue or game of chance played for money, there is a requirement of placing the initial deposit to start your account. Once that is done, money is won and lost in real time. In order to collect your winnings, you must transfer funds through some form of payment method. This transfer can take several days. If you need to add more money into your account because you are on a losing streak, then that deposit can cause a delay while the system waits to clear the funds. With Bitcoin, the value is already there, the currency is already established, and the payment has already cleared. This allows immediate real time gambling, complete with winning and losing at real time speeds. Withdrawals of winnings happen immediately, and cannot be revoked or reversed.

Bitcoin gambling has created an entertainment niche that is growing quickly. Bitcoin is an international currency, which allows users from all over the globe to come together in arenas like this one. Eventually, this niche will branch out into the mainstream, and Bitcoin will become more and more popular. In time, the efficiency of the Bitcoin transaction will have an impact in many other fields, like it has in the world of online gambling.

 

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Introducing an online card game – Bitcoin Blackjack!

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Blackjack is an extremely popular casino game in which players are dealt two cards, one facing up for the table and house to see, and one facing down, that only the player can see. The player decides whether or not to take additional cards based on the total of the numeric face value of the cards, in an attempt to have that total reach as close to the score of twenty-one as possible. If the player’s hand is closer to twenty-one than the dealer’s hands, and the player’s hand has not exceeded twenty-one, then the player wins an amount equal to what they bet. If the player goes over twenty-one, or if the dealer’s hand is closer to twenty-one than the player’s hand, then the player loses the money that they bet. This game of chance is extremely popular due to its simplicity and its speed. A losing hand can be replaced with a winning hand within a few minutes. Bets are won and lost quickly, which keeps players involved. This mainstream game is available to play at most online casinos from your laptop, personal desktop computer or iPad. Some are available on your mobile device, based on the platform used, in order to maintain provably fair gameplay.

There are several Bitcoin casinos that offer the game of Blackjack, which allows for even faster gameplay due to the absence of the need for processing payments by using Bitcoin. These casinos also have provably fair hands being dealt due to the cryptographic algorithms used in Bitcoin casinos. This provides the average online game player an unusual blanket of security during their web-based gambling experience. By using these algorithms to ensure the utmost in fairness and random draws, the user is not subject to the patterns of many online gaming sites that are set up with the intent of taking their customer’s money at the highest rate possible. The Bitcoin casinos set their house advantage rates at somewhere between 1% and 2%, and they publish those base advantages for all users to see. This total transparency in Bitcoin casinos is growing in popularity with experienced online gamblers, as they now know and understand the actual odds of winning and losing. In a game like Blackjack, where the odds change with each hand, and the speed of the deal keeps the player enthralled, knowing that there is a basic policy of fairness in place allows the user to relax, have fun and enjoy the experience.