How to play in Ethereum casinos?
Bitcoin set the stage for crypto and blockchain into the mainstream, but that doesn’t mean it’s the only cryptocurrency worth paying attention to. The emergence of Ethereum (ETH) a couple of years after the introduction of Bitcoin was a response to the necessity to bring more flexibility to the blockchain technology than Bitcoin allowed. Ethereum was created to enable any person to develop so-called decentralized apps (dApps) which greatly extend the functionality of the blockchain.
What are Ethereum casinos?
Online casinos offer many opportunities and perks for players, but one often-requested feature was accepting cryptocurrency. Now that blockchain is continuously showing its merit in many diverse industries, the online casino sector is quickly adopting it in various ways.
Ethereum casinos use the Ethereum blockchain to process bets and payments. This makes them more secure and transparent, and with the ever-growing capabilities of dApps, they can offer a better variety and user experience. Online casinos that accept Ethereum and other popular crypto can address some of the most common user concerns when it comes to online financial transactions and game transparency—prominent topics in online gambling.
Benefits of Ethereum online casinos?
Because Ethereum casinos use the blockchain to process transactions, your personal data is stored securely and cannot be tampered with. In addition, all payments made on the blockchain are irreversible, so you can be sure that you will receive your winnings.
Blockchain-based casinos are transparent because the blockchain ledger is public. This means that transactions, bets, and wins are verifiable by anyone—a level of transparency that is not offered by traditional online casinos.
Because Ethereum casinos have access to the thousands of dApps available, they can offer greater variety in user experience. Players can still access the types of games played at a regular online casino but with the added benefit of everything that the blockchain offers. Plus, many casinos that accept ETH offer lucrative bonuses to players who use crypto.
How to play at an Ethereum casino?
Playing at Ethereum casinos isn’t hugely different from how you’d do it on a non-crypto gambling platform. The big difference is that before joining an Ethereum casino, you’ll have to go through the simple process of buying ETH.
The first step is to open accounts at a crypto exchange so you can buy ETH and at an ETH wallet platform where you’ll safely store it. This process is as easy as opening an account at any website.
Once you have bought as much ETH as you’d like to play with, you can choose between the many Ethereum online casinos and pick the platform that best suits your preferences.
The only thing left is to make your deposit and start playing. Most online casinos offer great bonuses to first-time players and excellent incentives for loyal users, so you’ll get more bang for your ETH buck.
What types of games can you play at Ethereum casinos?
Online casinos have games for every taste and experience level. You can play cards, roulette, slots, make sports bets, and usually do more than you could at a brick and mortar gaming establishment.
The most popular casino card games are blackjack, baccarat, and poker. Each game has its distinctive rules and consequently offers unique experiences. With blackjack and baccarat, the player plays against the dealer.
While there’s some skill involved in these games, most of the outcome is decided simply by the strength of the cards drawn. With poker, players have a lot more control over their play even with an unfavorable hand.
Roulette is as classic a casino game as it gets. There is little to no skill involved in it, and while some gamblers believe that they can make strategic bets that increase their odds of success, this is just a myth. There’s no way to influence which slot the ball lands on. No superstition or mathematical equations can give a player an edge. However, it is precisely the unpredictability of the game that attracts so many players to it.
There isn’t any skill involved in pushing the “spin” button at an online slot, but there is some strategy behind choosing how many lines to play and how much to bet on each line and spin. Some online slots offer hundreds, even thousands of winning combinations. Thus, slots offer something from both worlds—they don’t call for a great set of skills like some card games do, but they allow players some control over their potential winnings.
You could say that the introduction of ETH brought blockchain to new levels and introduced the technology to even less-knowledgeable users. Today, ETH is the base for countless dApps, and the popularity of the ETH cryptocurrency is second only to Bitcoin. The massive interest in this technology has helped it go through enormous growth in only a couple of years, and its use has naturally reached online casinos.