Blockchain Casinos

All the cards have been dealt for blockchain to be the latest iteration of the online gambling industry. This revolutionary technology behind famous cryptocurrencies like Bitcoin and Ethereum is a decentralized ledger database that can operate transparently in a distributed network of devices. It is also capable of triggering certain actions that execute under, and only under, certain conditions or rules – also known as smart contracts.

If that sounds like technical gibberish, you’re not alone. Just think of Bitcoin and other cryptocurrencies as a fancy programmable form of money, and of blockchain as the database of where all transactions are registered. It’s a decentralized database because it has millions of copies stored on many different computers. Because of that it can be verified by just about anyone – hence its transparency. That’s it.

Whether people like cryptocurrencies or not, its core technology, blockchain, has come to stay – it will improve many industries in ways we can’t quite fathom yet. Plus if you don’t want to play using cryptocurrencies that’s fine. Some casinos that accept both crypto and fiat currencies like the U.S. Dollar ($) or the Euro (€) also offer the so-called provably fair games.

Games in this category allow you to confirm, in some way or another, that the game you are playing is truly using a Random Number Generator (RNG). This is an acceptable way of ensuring the casino is not partaking into any questionable practices. While playing on games manufactured by reputable providers surely helps with this as well, this is a nice complement, particularly when you are trying out new games.

Bitcoin casinos can offer a playing experience oh the highest standard in the industry. Also, Bitcoin is not the only accepted cryptocurrency in such casinos. If you’re really into cryptocurrencies and hold a couple more exotic coins then you’ll be glad to hear in most of these casinos you can play with: Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Tether (USDT).

If you’re into the anonymous side of crypto, then even Monero (XMR) and Zcash (ZEC) are available to play with in some casinos. You can check the list of the of the available cryptocurrencies in here. Furthermore, depending on which casino you choose, you won’t be required to go through a KYC process, either because of its licensing or because of its blockchain implementation.

The Bitcoin casino trend has caught up so feverously that other traditional online casinos are offering cryptocurrencies as a payment method. Likewise, other online casinos that started out accepting only Bitcoin have now expanded their options to include fiat currencies, e.g., U.S. Dollar ($), Euro (€) or Yen (¥). You can find all your favorite games by your favorite providers on our recommended Bitcoin casinos but we encourage you to try out other casinos in this space because they are ripe with innovation and surprising features.

We’d bet that, by now, you have already experienced how playing online offers an attractive and convenient way to play your favorite casino games. With the popularity surge of cryptocurrencies over the past years, there is no shortage of quality Bitcoin casinos. Want to play live casino games using Bitcoin? You definitely can! Perhaps you’re more into playing your favorite slot by NetEnt or Playtech with some Litecoin? There’s that too!

Blockchain casinos? Bitcoin casinos? It’s common to see these two terms used interchangeably, and wrongly so. At first, differences between a blockchain casino and a Bitcoin casino might be hard to spot, especially because there is no clear definition around these terms. So what is a blockchain casino?

Any traditional online casino that accepts Bitcoin (BTC) as a form of payment can automatically be considered a Bitcoin casino. But while the blockchain is still being used to transfer funds in and out of the casino, this is just scratching the surface of this technology – considering its potential. A casino can largely extend its use of the blockchain by incorporating it into its core structure. This can be achieved in varying degrees.

On one end we have casinos that simply include cryptocurrencies as a payment option. On the other – more extreme – end, the casino can resort to smart-contracts to automate payments for each game and make your winnings instantly available in your wallet, which could be connected directly to the casino via a browser extension, making the whole idea of deposits and withdrawals irrelevant.

This is a topic we consider relevant when evaluating the casinos we recommend here at CasinosBlockchain. Read our reviews if you want to know more about how each casino incorporates this technology into its platform.