BITCOIN DICE TIPS & STRATEGIES | THE BEST ONLINE CASINOS TO PLAY BITCOIN DICE
Dice is the first featured gambling game on the bitcoin network. Therefore, dice games were and still are the corner stone of the bitcoin gambling industry. These games didn’t only enable the development of bitcoin gambling, but served to develop many other unique gambling features, and even served to highlight some of the now widely known shortcomings of the Bitcoin network.
Bitcoin dice is based on blockchain technology, although the probability of dice rolls remain the same as classic dice games. All players must do is predict whether the dice will roll high or low, but this simple gameplay does not mean it is not a challenging, exciting, and rewarding game that can often be improved upon with a viable strategy. There are many strategies out there, but three can be considered the most popular for bitcoin dice games.
The development of bitcoin dice games, and features such as the provably fair feature, have driven gaming developers into the bitcoin scene. Now there are exclusive games designed only for bitcoin users. The fact that dice was the first game that was played on blockchain, also highlighted the great opportunity that bitcoin opened for players around the world to play freely using bitcoin. This allowed the industry to grow and take on markets that are completely blocked out from fiat gambling.
Secure gambling, unique games, truly free international transactions, high security features that make sure every roll is fair, and the lowest house edges in the online casino industry, make bitcoin dice a great choice for entertainment.
TIPS & STRATEGIES
This is a popular betting strategy as it is quite basic and can be used on a variety of games. Using the Martingale betting system, players will progressively increase their bets while losing and return to the original bet with every win. The first step is to make a bet of a single unit and if you win, continue to bet with the same amount. If you lose, then double the amount of your next bet. When you win again, you must then go back to your original bet amount. The system of doubling on a loss means that you are able to win back your losses, although this method can be risky if you are on a losing streak.
· It’s easy to implement
· Earn short-term profit
· You have control over the amount of money being wagered
· If you hit table limits, you won’t be able to double your bet after you lose, and the chance to win back your losses is gone
· The risks are higher than the rewards
· You need a large bankroll in order to guarantee success
The Paroli method is another simple bitcoin dice strategy that goes in the opposite direction to Martingale. Instead of doubling your bet on a loss, you double your next bet after a win. If you lose or manage three consecutive wins, you reset the bet amount. This strategy works for low risk players looking to take advantage of a lucky streak.
· Ideal for low risk players as there is no need to make large, risky bets
· Allows players to take advantage of their winning streaks
· It does not require a large bankroll
· You need to be on a winning streak to see returns
· Since winning streaks rarely last long, this method usually generates short term profit
The D’Alembert method is almost as popular as Martingale and is a more cautious approach than other betting strategies. It is an easy to implement strategy that requires you to start off by betting one unit and every time you lose, you increase the wager by one until you win again. When you win, you decrease the wager by one unit, if possible.
· Less risky than the Martingale strategy
· Allows for a more structured betting system to implement in your game
· Players may not win back all losses in one round
· Possibility of not being able to recoup your losses at all
· Low risk betting strategy means potential winnings are low compared to other strategies
Are betting strategies effective?
While betting strategies can be an attractive option for both new and seasoned players, it is important to remember that nothing is fool proof. Mathematically, no strategy allows you to beat the house, but since dice is a game of odds, it has potential to really surprise even the most discerning players. That being said, here are a few things to consider:
· Get familiar with the various dice games — ask yourself questions like what is the house edge and what is the maximum profit you can achieve
· Learn about probability — many dice games depend more on chance than skill, but calculating the odds and probabilities can definitely improve your winning chances
Tips on playing bitcoin games
While the iGaming scene can be thrilling and enticing, carefully read these tips before you start placing those monetary bets.
1. Only play with provably fair websites — always stick to websites with provably fair games as you can verify if the game is fair or not. The chances of a game that has not been proved provably fair being rigged is quite high, so try to avoid them at all costs, no matter how attractive the website is or what opportunities they claim to offer.
2. Always play with a budget cap and stop when you’ve reached it — The most important rule of online gambling is to stop when you can no longer afford to lose.
3. Know your limits — Don’t be greedy. It is easy to get caught up in the appeal of winning big, but stop when you think you have made a reasonable profit. Betting non-stop only increases your chances of losing.
While gambling strategies aren’t a sure-fire way to win, it’s smarter to consider how you plan on winning while playing a dice game, rather than placing bet after bet.
Best Casinos to Play & Win Real Money & Actually Be Able to Withdraw Winnings?
TOP ONLINE BITCOIN CASINOS
BetChain is an impressive casino and one of the pioneers in the Bitcoin scene. Since it was established, the casino has focused strongly on servicing the Bitcoin community. Only lately the casino has opened up its doors to traditional currencies, but its identity remains strongly defined by Bitcoin. Betchain is also re-launching its whole VIP program and refining its customer service further to offer an unprecedented gaming experience to all its clients
BetChain’s focus on service, coupled with unique bonus offers, makes it one of the most successful Bitcoin casinos. BetChain caters to customers hailing from different regions of the world. That means that apart from English, its page is also available in German, Spanish, Russian, Italian, Portuguese, Turkish, Greek, Dutch and Swedish. BetChain also offers live chat, 24 hour customer support, and lightning quick withdrawals.
- Provably Fair: BetChain emphasizes provably fairness, allowing gamers (and the casino) to verify all bet outcomes to ensure they were correct and fair.
- Safe and Secure: BetChain claims to use the latest in encryption and secure servers to ensure that customers’ money is always safe.
- 24/7 Support: Contact BetChain anytime, day or night, at firstname.lastname@example.org or through the BetChain support form.
mBit is another major U.S. friendly bitcoin casino brand that have earned a stellar reputation for quality software and great customer service since they were founded in 2014 . They are based in Curacao and are fully regulated by the gaming commission there.
- All the games at mBit were independently tested and verified for fairness by RNG.
- mBit is now home to over 1,000 different games and new ones are added weekly.
- Live dealer blackjack, sede, baccarat, roulette and more available for BTC or Euro.
- Deposit instantly and for free. Sign-up takes seconds and only requires an email.
- mBit Casino is fully functional on any Android, iPad, iPhone or Windows Phone.
- United States of America players are welcome. Site in both English and Russian.
- mBit have an exceptional VIP program and a 110% 1st deposit bonus to 1 BTC .
Top Online Bitcoin Casinos is a third party that ranks the online Casinos that allow players to bet using cryptocurrency and cash out in cryptocurrency or fiat (cash). We test the so called “Top Online Casinos” for transparency, odds to win, gameplay, player bonuses & withdrawal speeds.
With blockchain and digital ledgers we also can make sure the Casino’s aren’t robbing us blind like in the past. Cryptography and the blockchain enable us as players to check and see if the games are Provably Fair and also verify their claims on the blockchain.
With the growth of bitcoin network, so did the number of casinos turning out to be complete scams. Bonus promotions by new players in the market often seem to be “too good to be true”. Unfortunately, if you have that feeling when looking on new gambling platform, in most cases, you would be right. So, make sure to check out acouple of facts about the website before you decide to invest your funds:
- gambling platform holds a license for its operations, issued by the governmental agency;
- owners of the company are known to the general public, with clearly stated location of headquarters
- proof of insurance of funds and/or cold storage of coins
- customer reviews already available in the crypto communities.
See the Top Online Bitcoin Casino Rankings & Reviews
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