If you are an experienced gambler, you probably know that it is not all sunshine and rainbows when it comes to traditional gambling.
The security is lacking, the winnings are not the same as the displayed sum of money, you can’t withdraw your profit sooner than 24h, and the list goes on.
In the last years, however, cryptocurrencies came into play, which completely changed the way we see online gambling.
Let’s see what crypto gambling offers compared to traditional gambling.
There Is More Security
As you know, when you join a traditional gambling website, you need to disclose sensitive information – like your credit card data or your home address.
Crypto casino sites, however, need just your public key to send the rewards to your wallet account. That’s all.
Plus, everything you do here is encrypted, and the crypto wallet alone is a big plus. If somebody would want to access your account, they will need too much computational power to even try.
Add here that these websites are built with decentralized blockchain technology, meaning that there is no such thing as third parties managing your assets
They Are Transparent
The major problem with traditional gambling places is their tricks – algorithms that guarantee a maximum gain rate of 15%. In the beginning, the algorithm offers you a large amount of money, and as everyone’s impulse is to try one more time, the mass losses begin.
Not to mention that there are gambling places that follow their clients’ activity, and if somebody goes beyond a particular gain rate, he can be banned.
Basically, you end up like Mrs. Lopez in Las Vegas and the blackjack card-counting.
On the other hand, crypto gambling services are entirely transparent, most of them having their code public on GitHub – demonstrating that their algorithm distributes prizes fairly.
They Offer More Value
Traditional casinos work with fiat currencies, and although their value changes by the day, they can’t compare with those of crypto.
Just think about how Bitcoin got from $6,000 to $60,000 in just a single year. Getting some cryptocurrencies right now from gambling and storing them for some time could lead to massive profits in the future.
And for a plus, if you want to withdraw your earnings now, you can do it instantly, whereas, at traditional gamblings, you need to wait between 24h and 72h on average.
They Have Massive Bonuses
Especially welcome bonuses that vary between 1BTC to 10BTC, as well as up to 300 free spins.
If these sound too good to be true, note that the welcome bonuses need to be wagered a couple of times before winning can be withdrawn. But these offers a great start and encourage you to wait for something better. Instead of withdrawing 1 BTC, you wagger a couple of times and get 5 BTC.
Crypto gambling offers everything that traditional ones lack – security, fairness, transparency, value, and perks.
And if you want to join the best crypto gambling websites but you don’t have enough time to inspect each of them, don’t worry.
You can find a complete list of worldwide crypto gambling sites at CryptoCasinos, alongside qualitative reviews about their bonuses, games, security, and so on.
Now take the next step in the digital world and join the crypto arena!
Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however, no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the cryptocurrency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal, or accounting advice.