Monster Byte crypto gambling series (Part 3)
Part 3: Only with crypto gambling
Cryptocurrency is as close to the perfect gambling currency as it can get. We’ve talked about the basic features of most blockchain-based coins and tokens that make it just so easy to facilitate both the gambler and the casino.
For gamblers, the low cost of transactions means savings on regular deposits and withdrawals that add up. In fact, BitcoinRush.io , as site that leverages the Monster Byte white-label gaming software, charges no fees for withdrawals, and if you use ADK, one of the coins supported on that platform, you pay zero fees! With little to no delay on transactions, as well as the privacy offered, it’s no wonder gamblers are turning to crypto when playing online.
For casinos, the fact that there are no intermediaries handling funds means they can reliably count on revenue generated from crypto gambling: crypto blockchains are virtually unhackable, transactions cannot be reversed, and it is a universal currency that anyone in the world can obtain.
But there are also other unique sides to crypto gambling. Experiences and interactions that you wouldn’t easily find in other online casinos that don’t support crypto.
Gamble with the lowest (and transparent) house edges.
Crypto casinos tend to offer the very lowest house edges with their games, with most even publishing exact percentages. The most popular Bitcoin dice games almost have an industry standard of 1% or lower house edges.
For a comparison, Blackjack gets you at a low 0.5% disadvantage at the very best online casinos, but at BitcoinRush.io, they’ve almost halved the house edge to 0.273%. You’d be hard-pressed to find a non-crypto casino even coming close!
Take advantage of the best comps
Crypto casinos tend to have really good comps systems, giving players even more value for their gambling. Some give out modest amounts of crypto for free via “faucets” for new players to try out gambling without any deposits, while others have very generous loyalty programs that reward regular gamblers well.
Online casinos do have bonuses, but these usually come attached with heavy wagering requirements — typically starting from 30x the deposit amounts before you can cash out.
For a comparison, all players at BitcoinRush.io are entitled to an instant cashback program — giving you back up to 4.17% cash back on your casino and sportsbook wagers every day, without any wagering requirements.
Gamble with much less than a penny
Crypto gambling also introduced a new segment of gamblers, thanks to the way most cryptocurrency allow for very small sub-divisions. A single Bitcoin, for example, is made up of 1 100 million smaller units (called satoshis), and some sites even allow games of 1 satoshi wagers.
At BitcoinRush.io, you can place minimum bets of 0.0001 ADK — currently valued at less than 0.3 cents!
Gamble according to your risk appetite
Bitcoin dice games that emerged in the early crypto gaming casinos were extremely popular for allowing gamers the option of wagering at extremely low chances of winning for hefty payouts (or for extremely high winning chances for much smaller payouts).
Today, some most popular dice games allow for up to 900,000 profit multipliers, essentially meaning a $1 bet could instantly win hundreds of thousands of dollars. It’s unlikely you’ll ever find a game on a non-crypto online casino allowing you a 98% chance to win.
Get the best sportsbook odds
A little known fact about crypto casinos is that they offer very competitive odds on sports betting. When compared against the biggest online bookies, crypto sportsbooks generally pay out 20–30% higher — that’s a huge advantage that really adds up, especially if you’re into parlay betting.
Don’t believe it? Check out any game on offer at oddschecker.com to get a list of odds from more than 25 online bookies, and then head on over to a crypto sportsbook and compare.
Here’s another tip: the BitcoinRush.io sportsbook, which leverages the Monster Byte Sportsbook API, happens to offer the best odds among crypto sportsbooks. Don’t take our word for it, check out our odds now on almost every game: soccer, football, baseball, basketball, tennis, boxing, hockey, MMA and more!
