Decentralized Casinos — The Best Gambling Dapps in 2024
Gambling with crypto is one thing, but did you know that casino games are now offered through decentralized applications, or Dapps, for short? Since decentralized casinos rely exclusively on the blockchain, they are the epitome of blockchain gambling—in its truest form.
Decentralized Casinos?
In order to be considered fully decentralized, Dapps must be open-source and independent from third-party controls.
In this guide, I’m going to take you through:
- What makes Dapps tick
- The best decentralized or web3 casinos in 2024
- Everything you need to know about decentralized gambling
Best Decentralized Crypto Casinos in 2024
Before I get into the nitty gritty details of web3 gambling sites, let’s have a sneak peek of the best casino in this genre:
What is a Decentralized Application?
Before talking about decentralized applications, I should clarify the meaning of both terms on their own.
You should already have an idea of what an application is: a form of software or program designed for end-users.
Decentralized, however, might be a new concept. It refers to one of three computation systems commonly used in applications nowadays:
- Centralized
- Distributed
- Decentralized
It may sound a bit complicated, but it’s actually quite simple.
Think of software as a network of units, or nodes, connecting all its users. Centralized, distributed, and decentralized refer to how those nodes are connected and send signals to each other.
Centralized Systems
Traditional, centralized systems have a single primary node, which is connected to all users. In other words, in this situation, the center communicates with all remaining nodes.
Centralized systems are certainly easier to control. However, they are more error-prone and hack-friendly. For instance, imagine a situation where the main server-client node is hacked and taken down. All connected systems will, consequently, go down with it.
Applications like Facebook, Instagram, and Amazon run on a centralized model, which explains why they’ve been subject to system failings in the past.
Distributed Systems
Distributed software was first developed as a tentative solution for the shortcomings of centralized systems. In a distributed system, computation is spread across multiple nodes instead of just one. Consequently, information and software are equally distributed.
However, these systems are inherently flawed and even contradictory. Why? Because if a single node in a distributed system is corrupted, so is the entire network.
The good news is that these problems can be avoided. Cue…
Decentralized Systems
Decentralized systems have no core server. Instead, there are multiple centers, which are connected to various nodes in many ways.
In such a complex system, breaking the network is intrinsically complicated.
In fact, since the remaining nodes keep working if a single one is compromised, infiltrating the whole system at once is impossible.
Decentralized applications come with another advantage: because they work on a decentralized system between all parties, the need for a middle-man is removed. This is achieved with smart contracts, a clever transaction protocol that circumvents third parties.
Smart contracts can be a tricky concept to grasp, but in a simplified way, they are system-automating processes, which only take place when certain conditions within the blockchain are met.
To understand how they work, we can compare the blockchain to a ledger — a book holding all the information about all events within a peer-to-peer network. Once necessary conditions are met within this world of information, the smart contract is activated and can seamlessly carry out processes like payments within a decentralized casino.
Everyone connected to the network can access the complete ledger and validate it. Since there is full transparency, no third party is required.
Smart contracts ensure that:
All transactions (including money transactions) are fast, secure, and conflict-free.
Bitcoin has been the main player in blockchain since its inception. But what if you could build entire applications on the blockchain? This is precisely what Ethereum‘s founder thought, and then they made it happen.
Today, the Ethereum network is the largest smart contract provider, powering enormous projects like OpenSea, Uniswap, and Coinbase. Despite that, Bitcoin has its own claim to fame:
Bitcoin: The World’s First Decentralized App
It’s fair to say that Bitcoin was the first decentralized application.
Instead of more traditional programming, the world’s first cryptocurrency was designed to be used as money, but it still works within a decentralized-distributed system:
- Its timestamped public ledger is distributed across all the nodes of the Bitcoin network. If one node fails, the whole remains intact.
- Transactions are not controlled by any central party. Everything runs according to the blockchain’s own consensus protocol (in this case, Proof-of-Work).
While Bitcoin as a currency is a great example of blockchain technology’s potential, it’s just the tip of the iceberg when it comes to how it can be applied to online gambling, hence the overwhelming number of Bitcoin casinos operating in 2024.
Gambling Dapps Explained
Hopefully, by now, you already understand what a decentralized application is. But what about gambling Dapps? What exactly are they?
First, let’s clarify something:
Cryptocurrency casinos aren’t always decentralized casinos.
While crypto casinos let you pay and play with cryptocurrencies, they don’t necessarily go beyond that. True gambling Dapps use a decentralized network and smart contracts in all core aspects of their business:
- Payments (yes, these too) are powered by blockchain technology, often using Ethereum-based cryptos, although others may be available.
- The randomness of their games is ensured via a process called provable fairness.
Armed with the full power of blockchain technology, Dapps can, therefore, bring various benefits to online gambling:
- They are low cost. Smart contract casinos eliminate the need for operators and intermediates, which reduces operational costs. This allows gambling Dapps to offer lower house edges than traditional casinos, which, in turn, allows them to pay out more handsomely. Some casino Dapps even pay back a share of their earnings to active players.
- Direct deposits and withdrawals are possible. At gambling Dapps, payments can be made directly wallet-to-wallet. In a way, the entire concept of casino deposits and withdrawals is pointless at such Dapps: you’re not dependent on payment providers, nor will the casino withhold your winnings. You win, you get the money: it’s that simple. No more waiting for lengthy payment processing times.
- There is zero room for cheating. When playing at Dapps with provably fair games, you would immediately notice if the code was tampered with. This way, fraud is impossible, both from the casino’s and the player’s side.
- There is more anonymity. Many Dapps don’t even require you to create an account to play since there is no need to hold your deposits or winnings — you play directly from your wallet.
With the application of blockchain technology, Dapps have solved most of the largest issues with online gambling. It’s like a casino player’s dream come true.
Of course, dapps are not without their issues, which I explore in my article on how blockchain changed gambling.
Best Web3 Casinos: Unpacked
If you’ve come this far, you’re probably looking forward to giving gambling Dapps a chance.
However, you might come across a situation that can seem almost paradoxical: although there are thousands of gambling Dapps, only a few have a large enough player base to become viable options.
Finding the best gambling Dapp can, indeed, be challenging. Luckily, you’ve come to the right place.
We’ve searched for and reviewed all the best Dapps and came to a short list of two high-performing casinos, which you’ve already seen. Now, it’s time to unpack each of them:
MetaWin: Transparent as They Come
Quick Facts
Established: 2022
License: Curaçao
Best for: Visible RTPs
Pros & Cons
- Great community and busy live chat
- Lotteries where you can win crypto and other prizes
- In-house games available
- Visible RTPs and volatility for every game
❌ Only 1,000+ games available
❌ Still new, so reputation is unclear
Overview
MetaWin is a relatively fresh face on the Dapp gambling scene, and I thoroughly enjoyed testing and playing at this casino. Being decentralized, MetaWin offers anonymity (with no mandatory KYC) and the opportunity to connect your wallet directly to the platform.
The ongoing competitions make up for the fact that there are no traditional bonuses—you can buy tickets and stand the chance to win different prizes (which at one point included a Tesla Cybertruck!).
The casino also has continuous tournaments in the form of “races”
Despite all of that, my favorite thing about MetaWin is probably how easy it is to find RTP and volatility information for every game on the platform. It’s something I wish more casinos would adopt.
When it comes to game quantity, however, MetaWin could do better. The platform has just over 1,000 games (pretty small compared to BetFury’s 8,000+ or BC.Game’s 10,000+).
To be fair, though, it’s still quite new! I think MetaWin will broaden its game library in no time. Plus, the casino already has four in-house games you can’t find anywhere else.
BetFury: Best for Bonuses
Fast Facts
Founded in: 2019
License: Curaçao
Best for: Bonuses
Pros & Cons
- Free faucet that leaks BTC
- 8,000+ games to choose from
- Plenty welcome bonus packages available
- Sportbook with competitive odds
- Competitive VIP program
- No mandatory KYC check
❌ Restricted in many regions
❌ Pop-up notifications can be distracting
Overview
With so much to offer, I couldn’t help but spend hours testing this diverse web3 casino. Our favorite aspect about BetFury? Its massive bonus selection. When I say selection, I mean it quite literally:
You can choose between 3 vastly different welcome packages. To keep things short and sweet, we’ll talk about the Bronze tier package, which is the most accessible and budget-friendly deal. Here’s how it looks:
And this is just the tip of the iceberg where bonuses are concerned. There are a host of other BetFury promotions up for grabs, including cashbacks, faucets, tournaments, and more. Truth be told, it’s quite rare to see a decentralized casino offer such a wide range of promos, but we’re not complaining!
On the matter of complaints, however, I do have two. Firstly, the casino’s Curaçao license makes the site unavailable in numerous regions. Second, I was assaulted with various pop-ups about promotions and deals while exploring the site.
Back onto the good stuff, BetFury doesn’t cut corners when it comes to games. The site has over 5,000 different games, most of which are slots provided by a host of big-name providers. As for in-house titles, BetFury has 17 original, provably fair games. It even has its own verifiably fair slots game.
Last but not least, this versatile site even has a fully-fledged sportsbook!
Can’t wait to start playing at this Dapp? You can start right here:
How Dapps Can Help Shape The Future Of Online Gambling
Dapps might not yet be mainstream, but they’re already making waves across the online gambling world:
- Gambling Dapps can retain more than 80% of their player base.
- Gambling is the most popular category on DappRadar, with more than 1,000 listed applications.
However, no one can accurately predict the future. Blockchain technology is a volatile medium, and interest in anything crypto-related ebbs and flows with the value fluctuations of Bitcoin, for which it is infamous.
Furthermore, the general public seems to be wary of Dapps. The fact remains that they are still, unquestionably, niche. But the potential for decentralized casinos to take over the online gambling world is certainly there. It does help that more and more Dapps are getting licensed, something that wasn’t commonplace until now.
All in all, the future of gambling Dapps seems promising. We are at the very dawn of this innovative industry, and it couldn’t be a better time to explore all its advantages.