While a lower house edge guarantees lower risks, the rewards take a significant hit as well. Hence, veteran punters like to take this opportunity to customise their gambling experience and win consistently and regularly with dice games. And due to its sheer simplicity, most gamblers believe that Bitcoin dice games offer the purest gambling experience in the long-standing history of the game perfect for anyone who wants to play with crypto.
How it started
Bitcoin Dice was invented by the popular Bitcoin casino SatoshiDICE in 2012. Since then, the game gained massive global popularity. At the time, the crypto casino enjoyed massive patronage, followership, and a sizable chunk of the crypto gambling market. Bitcoin prices were significantly lower at the time, which further boosted patronage. Following the huge success of Bitcoin dice games, several similar platforms emerged in no time, further cementing the craze for crypto dice games in the market.
Crypto dice games hold the edge over traditional casino games. For starters, you can create thousands of different combinations in crypto dice, whereas the traditional game only allows players to choose from six numbers. Dice games have been fairly popular at land-based casinos. Hence, it’s no surprise that the trend continues at online casinos.
Crypto dice is available at all the top online casinos today. Hence, there is no shortage of interesting options when searching for a reliable mobile casino. If you would like to try your hands at your favourite crypto dice game, check out the list below for convenience. Our experts have shortlisted the top candidates to help you make an informed decision. Compare the options before committing.
Why play dice with crypto
Dice games are readily available and feature straightforward rules. Hence, they are easy to understand and are perfect for beginners. Crypto dice games offer an investment opportunity as you must make tactical decisions and take precautions to safeguard your investments. Let’s walk you through the key benefits of crypto dice gambling.
A lot of leeways
Since players can choose a unique approach, dice games are precise. Thousands of software developers offer bespoke games with a different number of dice, intervals, etc. Hence, you can choose how risky or rewarding you want the game to be. Pick a combination carefully for the best results.
Amplified rewards
Unlike casino games with fiat currencies, the rewards themselves can increase in value over time. Even small winnings can significantly amplify over time, which is a major attraction. It’s crucial to remember that your investments can lose value over time. So, research before picking a currency.
Sheer simplicity
Crypto dice is a simple and fun game. Despite the nuances of crypto gambling, the rules are pretty straightforward. There are several tools to protect your investments from plummeting. For instance, you can save a portion of your money to cushion a price fall, instead of chasing profits all the time.
The evolution of crypto-dice gambling over the years
Since the discovery of crypto-dice games, several online have casinos adopted the technology. And needless to say, several additions have been made since. Modern crypto casinos offer players a wide range of dice games to choose from. Today, you can play your favourite crypto dice game using all the top wallets. From Bitcoin to Tether, Ethereum, Ripple, and more, the list is quite extensive.
The changing ownership of SatoshiDICE marks an interesting shift in the crypto-gambling arena. And the need for a replacement arose soon after. And more than just a platform for crypto dice games, the users expressed the need for experimentation. As entrepreneurs began analysing possible mistakes and the scope for improvements, SatoshiDICE restricted the use of every other crypto token apart from Bitcoin. This paved the way for Ethereum-based platforms to thrive.
Furthermore, the massive surge in Bitcoin prices followed by the crash taught crypto investors to identify the early warnings, and veteran players have been using these lessons to fuel their campaigns currently. Ethereum has emerged as one of the best-decentralised networks for playing crypto dice games, as it takes anonymity to the next level. This makes the system more suited for betting with blockchain.
The odds of crypto dice
Since dice is a game of probability, it’s crucial to understand the odds of winning before placing a bet. Here’s a probability table explaining the ways to throw each total and the chances of throwing the total.
|
TOTAL |
NUMBER OF COMBINATIONS |
PROBABILITY
|
|
2 |
1 |
2.78% |
|
3 |
2 |
5.56% |
|
4 |
3 |
8.33% |
|
5 |
4 |
11.11% |
|
6 |
5 |
13.89% |
|
7 |
6 |
16.67% |
|
8 |
5 |
13.89% |
|
9 |
4 |
11.11% |
|
10 |
3 |
8.33% |
|
11 |
2 |
5.56% |
|
12 |
1 |
2.78% |
|
Total |
36 |
100% |
Now that you understand the probability of throwing each result, you can use this information to play crypto dice games. For instance, let’s consider the field bet in craps. The even money bet pays 1:1 if the next throw is 3, 4, 9, 10, or 11, 2:1 if the next throw is 2, and 3:1 if the next bet is 12.
What are the best crypto dice strategies?
Although crypto dice games depend on luck, you can follow simple strategies to maximise your chances of winning. Here are the top crypto dice betting strategies that can tilt the odds in your favour. Go through each one in detail before investing in your favourite crypto dice game.
The Paroli strategy
This strategy helps players maximise their winning streaks while minimising losses. The Paroli strategy sees users fix a base betting amount and double the stake with each bet until reaching three consecutive wins. Once you win three times back-to-back, restart the cycle.
The Martingale strategy
One of the most efficient betting strategies of all time, the Martingale strategy dates back to the early 1700s. Players must gradually increase the betting amount after each consecutive loss. The idea behind this strategy is to recover losses quickly when on a losing streak.
The D’Alembert strategy
Another popular betting strategy used at casinos is the D'Alembert strategy which recommends that players increase the betting amount by 1x after each consecutive roll. Whether you win or lose, your chances of winning big increase significantly.
The Inverse martingale strategy
As the name suggests, this is the polar opposite of the Martingale strategy. In this case, players increase the bet size when on a winning streak. Thus, maximising their chances of winning big while their luck is on a roll.
Best places to play dice with high limits
If you are looking for a reliable crypto casino to play your favourite dice games anonymously with high limits, we have you covered.
Stake
Launched in 2017, Stake is a powerhouse casino licensed in Curaçao. The platform accepts over 10 popular cryptocurrencies and offers a long list of dice games. The website has an impeccable reputation and follows strict security protocols to offer the best experience.
Cloudbet
Founded in 2013, Cloudbet is an elite crypto dice casino that offers a long list of titles from the top software developers. The website is licensed in Curaçao and provides anonymous play, high withdrawal limits, and state-of-the-art security. If you are looking for a reputable crypto dice site, this one comes highly recommended.
Bitcasino
Established in 2014, Bitcasino is the next most influential platform on our list, The platform operates under a Curaçao license and accepts over 12 of the top cryptocurrencies. If you are new to crypto dice games, sign up on Bitcasino today!
Conclusion
Crypto-dice gambling websites are pretty popular today and we have broken down the various phases of evolution to help you better understand the transitions. The industry continues to reposition itself within the blockchain environment with several several reputable operators for you to choose from. We have covered everything that you need to know to make an informed decision.
