For the most of its existence, internet gambling has been concentrated on a variety of rather conventional games. There are Internet-based casinos that provide slot machines, blackjack, and other games you’re likely acquainted with if you’ve ever visited a traditional casino. Poker rooms focus only on poker, but sports betting sites allow you to wager on sports. In general, if it was available in the real world, Internet firms were glad to provide it online. With the exception of a few intriguing variants on existing games, they mainly adhere to the familiar categories.
However, this changed with the arrival of Bitcoin gaming sites. This was not always the case, despite the fact that a large number of online casinos now accept Bitcoin as a form of payment. People still desired to bet with BTC, though, and despite the fact that large gambling operators weren’t exactly chomping at the bit (no pun intended) to serve them, there were creative people and organizations with the knowledge to establish simpler operations.
This was the starting point for Bitcoin dice sites. These websites provide basic, random dice-based games that may be played entirely using BTC and payments are quick. Even though more complicated processes have emerged throughout time, these games continue to exist and remain popular. This is the case for a variety of reasons: not only is simplicity a virtue for many players, but the games also tend to provide extremely low house margins, rapid action, and provably fair gaming, making them a viable alternative to more conventional forms of gambling.
Rolling for Profit and Pleasure
Despite the apparent simplicity of Bitcoin dice games, there is a substantial amount of variety between them. There are several possibilities available, each of which gives a somewhat different interpretation of the same idea.
If you are looking for a game that is rooted in familiar gaming land, you may want to choose PocketDice.io’s games, which are based on the usage of real (simulated) dice. This website allows gamers to choose any number between 2 and 12, then wager on whether the next roll of two regular six-sided dice will exceed or fall short of that sum.
Obviously, the number you choose and the team you pick will affect how much you stand to win. For instance, if you wager that your dice will roll less than 10, you will gain just 18 cents on a $1 wager if you are accurate. Take the riskier option and gamble that the number will exceed 10, and you may earn $10.80 for every dollar you stake.
As with many games of this sort, the house advantage at PocketDice is often around 2 percent. There is also the option to play a simple double-up gamble game after every victory, with absolutely fair odds of 50/50. Depending on the possible payoff of your wager, you may wager as much as 100 BTC on a single roll.
Other sites merely provide a bare-bones gambling game that allows you to pick your own odds and wager in whatever manner you like, with the site taking a little edge to generate revenue. The majority of these games create a random number, and if you bet on the correct side of the wager when it is resolved, you will win.
Here is an example of how it may operate. A game might be configured to generate a random whole number between 1 and 100. You will be able to choose a wager size and the goal number for the next round. This number determines the chances for both sides of the wager. Choose a number around 50, and you’ll be able to place a about even-money wager on either high or low; choose a number near the extremes, and you may have either a very safe roll with a little payout or a very hazardous roll with a large payout.