There has been so much excitement and explosive growth in no other aspect of Bitcoins usage as there has been with online crypto gambling. This is mainly because when gambling with Bitcoin, players are able to play anonymously and with minimal banking fees.
Bitcoin casinos are also attractive to gamblers because many of the games offer a better house edge when compared to regular fiat casinos. Bitcoin Dice games, in particular, have been known to offer a house edge as low as 0.5% and sometimes even 0.00%. This is because they do not have to offset the expensive processing fees that fiat casinos do.
Traditional casinos are also jumping onto the Bitcoin bus as the lack of regulation means less red tape and restrictions. Bitcoin allows these casinos to offer many of their games to a broader audience that would otherwise be out of their reach.
Although there are very few regulations in place for Bitcoin casinos, the blockchain itself is transparent and secure, making it safer for players. Some casinos even operate entirely on the Ethereum blockchain, providing unprecedented levels of security for both the player and the casino.
Provably fair casinos are also popular among Bitcoin gambling sites. These games are able to provide cryptographic proofs as to the fairness of their game. Players can check on fairness with every play they make regardless of the outcome.
In such a short space of time, we have seen many new Bitcoin casinos come onto the market. With the growth and development of the industry, we are now starting to see another evolution in Bitcoin casinos. There is now the emergence of Bitcoin casinos that are like nothing we have seen before. New crypto casinos such as stake.com and casinofair.com are offering game-changing and cutting-edge online casino play.