The popularity of online gambling has transformed the gambling landscape. However, selecting a trustworthy online casino is becoming challenging as more operators get on the scene, making the market more competitive. New casinos are creating room for gamblers who wish to use their cryptocurrency on their platforms to bring that competitive edge. Betting on crash games is the best method to get the most out of cryptocurrency gambling.
Although playing crash games at a crypto casino is easy, getting the hang of it might be difficult. Many might question the popularity of playing crash games with crypto. Due to the volatile nature of the digital currency, many also hesitate to take the chance. This guide will help you know the meaning behind crypto crash gambling. So here are the 10 compelling things you should know about crash gambling with crypto in 2023.
The Growth of the Crypto Betting Market
According to Tim Draper, Bitcoin’s prediction value will reach $250,000 in mid-2023. But as the reward halves every four years to keep the Bitcoin circulation steady and prevent inflation, the value would increase by $30,000 in the first half of 2023. Similarly, other major cryptos, like Ethereum, Litecoin, etc., are experiencing growth in purchases. Due to this increased adaptability, the cryptocurrency betting market is experiencing significant growth in recent years. Now you can easily see a lot of online casinos accepting cryptocurrency as a legitimate form of payment.
The major reason crypto crash gambling attracts gamblers is the potential of significant winning and increasing their crypto collection. The value of your crypto balance can increase if the market increases in value; this means the winning payouts would be high on crash games. This offers the advantage of speed and ease of transactions, so you can expect to bet and receive payouts instantly, unlike fiat money, where you have to wait for a long time.
Crypto Crash Games offer Fair Play
A crash game is a kind of cryptocurrency game in which players wager on a multiplier that rises steadily until it crashes. The objective of the crash game is to cash out before the crash. If you fail to do so, you will lose all your stake. The multiplier can rise quickly, but each round also raises the risk of a crash. The best part of crash gambling with crypto is making transactions secure and offering fair play. Here the players bet on the outcome of a random number generator.
The use of provably fair technology attracts more crypto users. The technology is a cryptographic algorithm that allows you to verify the fairness of the game outcome. After the game is played, the player can verify the outcome by inputting the seed value and seeing if it matches the outcome displayed on the platform. This ensures that the outcome of the game is truly random and cannot be manipulated by the platform or any third party.
More Privacy with Crypto Cash Gambling
As you are betting your hard-mined crypto, you don’t want the transactions at risk due to privacy or security measures failing. Although there is less chance of privacy breaches in making crypto payments, the crypto casino platform needs to use third-party auditors to ensure fair play.
The regulatory body would ensure the game’s algorithms and payout rates are accurate and fair. As you are using crypto for deposit and withdrawal, you don’t have to share your personal or financial details while opening an account or making a bet. Hence, crypto crash gambling offers higher levels of privacy in comparison to traditional gambling methods.
Cryptocurrencies, such as Bitcoin or Ethereum, are decentralized and allow for transactions to be made without revealing personal information. So crypto casinos provide a high level of anonymity and privacy for players who prioritize their personal information security. Moreover, players don’t require to create accounts or register with the crash gambling platform with personal information allowing greater privacy. All you need to do is link your crypto wallet and get started.
Crypto Crash Betting over Mixed Currency Betting
You can find some platforms that offer crypto gaming alone, while some allow you to use crypto or other standard currencies like Euro, US dollar, etc. Although it might seem as if having both options would be a great idea, more and more sites are gaining confidence to make their gambling platform exclusively for crypto gambling due to the growing market.
Since the crypto crash gambling is played mostly in the age group 18 to 40, these players are more than excited and confident to use crypto as the sole source of funding. So it is expected that more casinos and players will join the trade in 2023. But with mixed currency betting, the traditional site may involve you depositing and winning in one currency and withdrawing in another. On a crypto-only site, you won’t have this issue.
Cryptos on Crash games
The crypto you can use to wager on the crash games is determined by which crypto betting site you have decided to join. Since each crypto site offers a slightly different selection of cryptos, you should look out for which coins they accept that you have in your wallet to use. However, some of the commonly used coins are Bitcoin and Ethereum. Other popular coins you can use are Cardano, Litecoin, Dogecoin, Shiba Inu, Ripple, Tron, USDT, Stellar, Monero, Solana, Binance Cash, etc.
Betting Lines and Odds
Another attractive thing about crypto crash gambling sites is that they avail a wide selection of markets and odds, just like a traditional betting site using fiat currency. So when it comes to crash gambling through cryptocurrency, there isn’t much difference between how the odds are displayed or how you get paid if you win. So you can easily get familiar with the wagering options, odds, and other features while betting. But it is advised to play on the demo version first.
Crypto Crash Gambling Bonuses and Promotions
Just like traditional crash games, crypto crash games also come with an array of different bonuses and promo features. You can get a welcome bonus in every crypto casino platform as a means of getting familiar with the game, using the bonus as betting or using it as a game feature. The welcome bonus can go as generous as $200 according to your first deposit match. You can also join through the VIP program to get high-rollers perks like free spins, frequent bonus triggers, etc. This is more suitable for big spenders.
Limitations of Crypto Crash Games
Since the cryptos are volatile in nature, there is a high risk of crash gambling with crypto. So you should choose a game that comes with low volatility before entering high-risk gambling. Another disadvantage that comes with crypto crash gambling is the limited regulations. Since cryptocurrencies are largely unregulated, crypto casinos may not be licensed and have proper security measures in place. So make a thorough inquiry before betting.
Ways to Win in Crash Gambling
Crash gambling wagering involves players predicting the outcome of a digital game where the winning is largely based on chance. However, you can use a few strategies to increase your winning chances. Start with small bets and gradually increase your wager as you become more familiar with the game. Make sure to set a budget and stick to it. Look for the winning and loss patterns in the game and adjust your betting accordingly. Refrain from chasing losses and know when to quit and cash out the winnings.
Know about the Crypto Crash Casino site
While choosing a crypto casino, it’s essential to consider a few things to make sure it’s the right platform for you. The first thing to know is the platform’s game offerings. Know the crash game’s RTP and understand the size of the house edge. See if the platform offers end-to-end crypto capabilities and crypto varieties. Learn how much you can withdraw at a time and the speed of withdrawals. Make sure the platform is regulated to offer a fair gambling experience.
Best Crypto Casino to Play Crash Games in 2023
If you are looking for a trusted crypto casino platform to play crash games, then BTC365 can be a great platform to win big. BTC365 offers an extensive collection of crash games in its crypto gambling category, each game having at least 96% with volatility ranging from low to high from a popular game developer like Spribe and its own in-house crash games. As the platform is regulated by E-gambling in Montenegro, you can play your favorite game with betting crypto safely.
Players can deposit and cash out through a flexible choice of cryptocurrencies. Among the major cryptocurrencies supported by BTC365 are Bitcoin, Ethereum, USDT, Litecoin, and others. You can also use Dogecoin, Ripple, Cardona, and other currencies to play popular crash games like Aviator, Rocket, Solo Rocket, etc.
The availability of an entertaining demo version of the crash games makes BTC365 appealing to cryptocurrency gamblers. Play the game for fun using a virtual betting amount before placing a wager with your cryptocurrency. Beginners are advised to start with the demo mode to get familiar with the betting features, utilizing bonuses and their gaming strategy style before making the real wagering.
Bonus and promo features available at BTC365
Another attractive thing about BTC365 for crash gambling using crypto is its top bonus features. The new players on the site are eligible to win a welcome bonus match up to 200 USDT with an initial deposit of at least 0.5 mBTC, 10 USTD, 0.01 ETH, or 0.08 LTC. Once you’ve played through the deposit and bonus amount of 20x in any game by next Monday, you can apply for the 100% deposit bonus, then after wagering 1x of the bonus amount in any game, withdraw the bonus amount. Make sure to use the bonus on your favorite crypto crash game or withdraw before the bonus expires. Join the VIP Club to enhance your chance to trigger bonuses, cashback, spins, and other promo features.
The sign-Up process on BTC365 for crypto crash gambling
- You can download the BTC365 app on your mobile or browse the official website on your desktop device to register for your account.
- Next, go to the homepage and click on the “Sign Up” button.
- Provide your valid email ID and create your pass for the account
- Now accept the confirmation mail to successfully complete the registration process.
- Link in your crypto wallet with your BTC365 account to make a crypto deposit through your preferred cryptocurrency to receive a welcome bonus.
- Go to the crypto games category to start playing crash games.
Crash gambling is getting popular not just because of its simple and straightforward gameplay but also due to the flexibility of using cryptocurrencies in the betting rounds. Players can enjoy the thrilling experience of online betting while staying anonymous while betting and making safe and secure transactions. Whether you are a beginner or a seasoned gambler, crypto crash gambling can be suitable for everyone and for every skill level. Follow through the above information, which can give you the basic knowledge of what crypto crash gambling is.
BTC365 is recommended as the best casino platform to play crash games with crypto. The platform is regulated and licensed to avail the flexibility to bet on all the major cryptocurrencies. Players can be sure to have their transactions fast and secure. The platform can avail you of all the popular crash games to win big as it partners with big names in the game development scene. So if you prefer using your crypto for betting on casino games, get started with the crypto crash gambling experience.
Is it legal to place a wager on crash games with crypto?
The legal aspect of crypto crash gambling depends on where you live. Some parts of the world have not legalized the use of cryptocurrency. Fortunately, those regions are low in number. However, you need to check if your country allows crypto gambling before engaging in a crypto game. But usually, if casino gaming and eSports betting is legal in the country and cryptocurrency is legal in your country, then playing crash games using crypto is also legal.
Can you bet with crypto on crash games?
Yes, you can bet on crash games using cryptocurrencies. Now there are a growing number of sites that offer players a chance to bet on a variety of different cryptocurrencies. You should have a crypto-enabled wallet and your own crypto so you can link it with the casino account to start playing crash games.
How to increase my chances of winning at crypto crash gambling?
There is no guarantee of winning at crypto crash gambling. However, players can utilize some strategies in their gaming style to maximize their winnings. It would be useful to increase winning possibility by setting up limits on the bets, betting smaller to cash out early and avoid chasing losses. Try out the demo version of the game to test your gaming style before wagering for real. Note that crash gambling is a game of chance, so there is no guaranteed way to win.
How to participate in crypto crash gambling?
If you are considering engaging in crash gambling using crypto, you need to find a licensed and reliable online casino platform that accepts your preferred cryptos. Create your betting account and deposit your selected crypto. Choose your favorite crash game to bet on and start betting. You need to decide when to cash out to maximize your winnings before the crash.
What are the odds of crash gambling?
The odds of winning in a crypto crash gambling depend on various factors such as the gaming rules, RTP, and volatility of the game and crypto used for betting. Usually, the odds are the higher the volatility, the higher the potential payouts are. The risk of losing can also be great. Keep in mind that the odds on the betting line begin low and rise quickly over time.