Since Bitcoin hit the gambling market in 2010, the number of online casinos that have embraced this digital currency has continued to rise. This digital currency enables players to enjoy casino games even in countries where gambling is outlawed, with Bitcoin dice being among the most popular games.
What Is Bitcoin Dice?
Bitcoin dice is the most popular BTC-powered casino game available for online players. It’s rather a simple game where you get to pick your odds, allowing you to play the game at specific risk and reward levels. As such, players often regard Bitcoin dice as the purest form of gambling.
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The game is somehow similar to roulette in that you get to choose favorable odds with little rewards or long odds at great risk. Besides its versatility, Bitcoin dice has a low house edge and different automated betting patterns that help players test their preferred strategy over large samples at greater odds than in traditional online casinos.
How Bitcoin Dice Works
Bitcoin dice works under very simple rules, and hence it’s continued rise in popularity. As a player, you get to decide if you’ll wager on the roll to be above or below a certain number. That gives you total control of your odds and the rewards you get. Even better, most Bitcoin dice casinos offer provably fair gaming, allowing you to verify that the results are not tampered with.
Thanks to blockchain technology, making deposits and receiving payments while playing Bitcoin dice is almost instant. That means you’re free to start rolling the dice in only a few minutes. Even better, players enjoy not only fast transactions but also at minimum transaction rates.
A Little History About Bitcoin Dice
Bitcoin dice has a significant history in the BTC community. The game was introduced to the world through Satoshi Dice before an anonymous buyer bought the game. While the game had antique graphics, most players found it more entertaining than other casino games and its soaring popularity.
Bitcoin Dice Gaming Rise In Popularity
While anonymity remains the main reason why casino players choose to wager in BTC and other digital currencies, Bitcoin dice is soaring in popularity for several other reasons. That includes:
- A Simple And Entertaining Game
Despite the long-standing stereotype that Bitcoin is a currency for nerds, BTC enthusiasts are always attracted to simple solutions. That explains why many online casino players embrace bitcoin dice as its simple rules are quick to understand and develop a wagering strategy.
Similar to your traditional dice games, Bitcoin dice is also highly entertaining as it gives the player the illusion of control through a slew of options. And while there’s no proven winning strategy, you can have fun with different systems used in online casino gaming.
- Low Transactions Fees
When playing with Bitcoin, transaction costs are negligible, making it a more friendly banking method than traditional systems. As such, operators can offer bitcoin dice enthusiasts better odds compared to traditional casinos. Even better, these low transaction fees come with fast transactions, though they’re irreversible.
- Provably Fair Gaming
Although some bitcoin dice gambling sessions will be favorable than others, all reputable sites use Provably Fair technology to assure their players that they’re running a fair operation. That has continued attracting players’ attention as most of them have their set of goals and plans to follow when it comes to gambling.
- Variable Risks And Rewards
Bitcoin dice sites allow you to wager on games at different winning percentages and win variables without affecting the house’s edge. That means the higher the risk, the larger your rewards will be in terms of the returns.
With bitcoin being a volatile digital currency, bitcoin dice seems to be a great way to increase its value and earn more money. For instance, if you play at a Bitcoin dice casino and win 1BTC when its price is $10,000 and convert it into cash when it’s $11,000, then you’ll have made an extra $1000.
The Future of Bitcoin Dice
With bitcoin’s popularity soaring every year, the BTC community will continue wagering more on bitcoin dice for various reasons. Bitcoin dice is also friendly to beginners in the Bitcoin scene as it follows the same simple rules of the tradi8tional dice game, but with the convenience of wagering with a digital currency.
More people will likely continue enjoying bitcoin dice as the blockchain technology continues evolving in the coming years. Bitcoin dice is also among the few games that allow the players to develop their unique strategies, which explains why many online players enjoy playing it.
Though there’s no proven strategy for winning bitcoin dice, you can still have fun while trying out different systems. That includes popular dice strategies like D’Alembert and Martingale betting systems.