Bitcoin Chaser - March 7, 2020
If Bitcoin gambling changed the face of online gambling forever, with blockchain-based innovations that traditional casinos cannot compete with, then Ethereum gambling has the potential to change the very nature of gambling as a whole. Ethereum casinos allow for transparency and sophistication way beyond the provably fair features and instant pay outs that Bitcoin brought to the industry.
Smart contracts and the ability to program virtually anything on them, means that Ethereum gambling has the potential to be even more transparent. Smart contracts also allow for the explosion of new casino games that can transform player behavior altogether as well.
BetChain is one of the top Ethereum casinos in the world. Established in 2014, it offers a massive range of online slots, table games, jackpot games, live casino games and more.
FortuneJack is another established online casino which accepts Ethereum as well as a variety of other cryptocurrencies. You’ll find all sorts of casino games on this platform, including slots and table games, as well as a solid welcome bonus for new players. They even have a cryptocurrency sportsbook.
CryptoWild casino launched in 2017, and quickly made a name for itself in the crypto gambling scene. Players can gamble in Ethereum as well as many other digital assets. You’ll find slots from game providers like Booming Games and NetEnt, and table games, scratch cards, live dealer games, and more.
7Bit casino offers cryptocurrency gambling, both in Ethereum and other cryptocurrencies. Sign up and score a welcome bonus of 100% up to 1.5 BTC or 200 free spins to use on the top slots on the site.
BitStarz is a truly well-loved crypto casino, that offers both fiat and cryptocurrency gambling. You can take part in Ethereum gambling on slots, table games, live casino games, and more. Make your first deposit and score a 100% bonus up to 1 BTC.
PlayAmo casino was founded in 2016, and provides more than 2300 of the top casino games to players from all over the world. They offer provably fair games and accept Ethereum deposits, plus a 100% first deposit bonus and 100 free spins.
1xBit casino was founded in 2015, and provides 3,500+ casino games, including slots, baccarat, blackjack, craps, and more table games, plus live casino games. 1xBit also offers a sportsbook, and gambling in Ethereum, Bitcoin, Bitcoin Cash, BitShares, Bytecoin, Dash, DigiByte, Dogecoin, Ethereum Classic, GameCredits, Litecoin, Monero, NEM, Sibcoin, and Zcash.
Bao casino is a newer online cryptocurrency casino, founded in 2018. You’ll find slots, blackjack, roulette, live dealer games, and more, plus a welcome bonus of up to 1 ETH and 100 free spins.
Crypto Games casino is also one of the first cryptocurrency casinos, having launched in 2014. They offer gambling in Bitcoin, Bitcoin Cash, Dash, Dogecoin, Ethereum, Ethereum Classic, Litecoin, Monero, Neo, and Stratis. You can play 8 games on the site – Blackjack, Dice, Lottery, Minesweeper, Plinko, Roulette, Slots, and Video Poker.
The Ethereum casino industry is quickly developing and is already challenging the bitcoin gambling industry with an innovative edge. Nevertheless, in many cases, cryptocurrency gambling sites have taken the opportunity to bridge the gap by offering games that everyone already knows to Ether gamblers.
From the list above, there are casinos that take Ether as a form of payment while there are others that base their games on smart contracts on the Ethereum network. This is the basic difference between Ethereum and Ether gambling. In other words, all Ethereum gambling might end up being Ether gambling but not all Ether gambling is Ethereum.
Ethereum-based casinos may also evolve to incorporate payment with other cryptocurrencies. In essence these casinos offer a different kind of gaming and not necessarily payment with a different cryptocurrency.
There are also pure Ethereum casino that offer games based on smart contracts on this network, while they only take payment in Ether. This shows how diverse the Ethereum gaming industry can become, and how fundamentally innovative it can end up being. In fact, one of the first pure Ethereum gambling initiatives, Edgeless, brought the 0% house edge model to online gambling. This is only one of the most disruptive innovations that a pure Ethereum gambling initiative could come up with.
The other unique and disruptive feature that Ethereum gambling brings to the industry has to do with instant withdrawals. Smart contracts could potentially shift consumer behavior in the industry. Once players understand that an instant withdrawal can be coded into a contract and that this contract cannot be altered, they are likely to demand it.
Instant withdrawals on the Ethereum network might also have a transfer time advantage over the same feature on the bitcoin network. Transaction times on Ethereum can be shorter than on the Bitcoin network, which is a huge advantage.
Developers on the Ethereum network are also working on unique games that will cater to the members of their community. These games will have specific characteristics that have to do with Ethereum, much like bitcoin games are based on the story of that cryptocurrency although the origins of both are the same.
Ethereum gambling effectively started off with games much like bitcoin gambling. Nevertheless, the features of both networks and the differences in their stories will take them in different directions. This is why players can expect a wide variety of unique Ethereum games to emerge.
These are some of the most glaring advantages that Ethereum gambling offers, but it is not an exhaustive list. In fact, it is quite impossible to come up with a complete list of Ethereum gambling possibilities because the network allows for an unprecedented degree of flexibility in terms of game programming through smart contracts.
Anyone could come up with games that take many of the features that we already know, to the next level. Ethereum gambling could well revolutionize the following aspects of the industry:
Ethereum will certainly open up some of the most exciting and innovative opportunities in the world of gambling and online casinos. Hopefully you will be able to enjoy them and be among the first ones to try these new games and gambling concepts out.
So go ahead and try one of our favorite Ethereum gambling sites form the list above. We will make sure to keep on expanding and refining the list, adding the latest as soon as it comes out.