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6 Most Popular Games to Play in Crypto Casinos – Part 1

George Miller

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6 Most Popular Games to Play in Crypto Casinos – Part 1
Photo Source: healys.com
Reading Time: 4 minutes

 

There are more and more crypto casinos appearing at the market, among them Bitcasino. Although the most popular casino games are the same in traditional casinos and crypto casinos, virtual currency casinos have a lot of advantages over the traditional ones, for example, anonymity, transparency, faster withdrawals, and more attractive bonuses and jackpots. If you haven’t played any gambling games so far, or you just want to learn the basics of blackjack, roulette, video poker, slots, dice or baccarat, we strongly encourage you to try your hand in a crypto casino, such as Bitcasino and to check out the below list of most popular casino games.

Blackjack

Blackjack is a classic casino card game, and you will find it in every casino, including Bitcasino. The goal of the game is to score 21 points, what we call a blackjack. If neither of the players scored 21 points, the one who has the biggest number (but no larger than 21) wins. The points are rewarded in a given way: ace – 11 or 1, jack, queen, king – 10, and from 2 to 10 – equally to the value of a card.

In the beginning, a player receives 2 face up cards, and a dealer – one face up and one facedown card. Then, a player can get another card (hit), do not take any cards (stand), take insurance, double the stake (double down), or split the cards when both of his cards are equal (e.g. 8 and 8).

If the player has 21 points or less, the dealer discovers his face down card and depending on the number of points he can draw more cards. The dealer must play according to the following rules: take the card if he has 16 points or less and not take more cards when he has 17 points or more (regardless of how many points the player has).

Playing blackjack is very attractive because when you learn the basic strategy, in some parts of the game the mathematical advantage will be on your side, and it is no different in crypto casinos, such as Bitcasino.

Roulette

Roulette is a simple game which you will spot in every casino. Its history dates back to ancient times and it is called a queen of casinos.

There are 37 numbers on the roulette wheel, with half of them red, half of them black, and one green (0). The casino advantage is equal to 2.7%. In American version of roulette, there is one more green number – 00. Bet on any combination on the roulette table by putting chips on it. Depending on the bet the casino awards you or collects the bet. To make the experience from playing roulette even better you can try playing in a live casino, which is offered but most major traditional and crypto casinos, including Bitcasino, the #1 licensed bitcoin casino in the world.

The win depends on the type of bet.

  • Straight Up, one number – 35:1
  • Split Bet, two numbers – 17:1
  • Street Bet, three numbers – 11:1
  • Corner Bet, four numbers – 8:1
  • Five Bet, five first numbers (0, 00, 1, 2, 3) – 6:1
  • Six Line Bet, a line – 5:1
  • Column Bet, a column – 2:1
  • Dozen Bet, dozens: 1 – 12, 13 – 24, 25 – 36 – 2:1
  • Even, Odd, even numbers, odd numbers – 1:1
  • 1st 18, 2nd 18, numbers 1 – 18 and 19 – 36 – 1:1
  • Red, Black – red numbers, black numbers – 1:1

Video poker

Video poker is a combination of an exciting and easy slot machine game with a well-known card game – 5 Card Draw poker. It has become extremely popular thanks to high and frequent winnings, as with the right strategy, you can minimize casino’s advantage to virtually zero, such as in Bitcasino. The game is about the best five card hand. When observing the cards distributed, we estimate their values and we can make one exchange of any number of cards. The better the card layout after the exchange, the bigger the wins. Video poker is often called “Jacks or better”, only completing a pair of jacks or a higher card arrangement ensures winnings. The better the cards the bigger the win.

In order to understand the basic rules of video poker, you need to remember poker hand rankings from the lowest to highest ones:

  • High Card, no specific hand, no pair, e.g. K4589 is a K-high,
  • One Pair, e.g. AA568
  • Two Pair, e.g. KKQQ2
  • Three of a kind, e.g. JJJ73
  • Straight, five cards in a row, e.g. 34567
  • Flush, all cards in the same suit
  • Full house, three of a kind plus one pair, e.g. 33355
  • Four of a kind, e.g. QQQQ5
  • Straight flush, straight of the same suit, e.g. 45678 of spades.
  • Royal Flush, the highest possible straight flush – AKQJ10 of the same suit.

 

Using the optimal strategy, we can not count on big wins, but certainly, the game will provide a lot of excitement and a small profit.

The general rule is that it is better to stay in a low system than to aim at big wins. Compare the received cards with the list below and discard the cards that are not useful.

  • From straight to royal flush – discard 0
  • Three of a kind – discard 2,
  • Two pair – 1,
  • One pair– 3,
  • Four cards in the same suit – 1,
  • Four cards to straight – 1,
  • Three high cards – 2,
  • Two high cards – 3,
  • One high card – 4,
  • Low cards – 5.

Ready, steady, go!

After reading the basic rules of video poker, roulette and blackjack you should be ready to try your hand in the most popular casino games. If the rules are not fully understandable by you, you may try playing play money games at the beginning. In the next part, we will discuss slots, baccarat, and dice. Stay tuned!

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Cryptocurrency

MetaVault announces expansion into the Isle of Man

George Miller

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MetaVault announces expansion into the Isle of Man
MetaVault co-founder Justin Short
Reading Time: 2 minutes

 

MetaVault, a company offering secure storage of cryptocurrencies such as Bitcoin and Ethereum, has opened a new office in the Isle Of Man.

MetaVault is a digital asset custody provider, offering insured and uninsured safe custody of assets up to $100m. It means financial institutions such as banks and exchanges can store cryptocurrency with peace of mind with protection underwritten by A-rated London-based insurers.

With the office opening, MetaVault is responding to the growing demand for gaming, exchange and financial institutions to be able to accept and store digital assets securely.

MetaVault co-founder Justin Short said: “The decision to expand into the Isle of Man was a logical step in our business growth strategy. 

“The Isle of Man boasts gaming and financial services regulators proactively engaging with blockchain enterprises.

“Supporting player protection mechanisms, exchanges and financial institutions with secure, insured and uninsured digital asset custody provides confidence in the technology for regulators, businesses and consumers by removing significant risks from the ecosystem.”

Lee Hills, director of MetaVault, said: “The Isle of Man has been at the forefront of developments in blockchain technology and this expansion recognises that. MetaVault is ideally suited to mitigate risks and remove barriers between blockchain businesses and financial institutions. We are excited by this next chapter and look forward to long and mutually beneficial relationships with our Isle of Man partners.”

Lyle Wraxall, Chief Executive, Digital Isle of Man Executive Agency, said: “Blockchain Isle of Man is very pleased to welcome MetaVault to the Island. 

“The Isle of Man prides itself on its superior player protection regulation in e-Gaming and being a centre of excellence for finance, the services offered by MetaVault will assist in maintaining that high standard. It is fantastic to see that the Island is continuing to attract diverse technology-focussed businesses, and we look forward to MetaVault adding to our already rich digital ecosystem.”

 

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Bitcoin

Infographic: Crypto Thefts and Trends That Will Blow Your Mind

George Miller

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Infographic: Crypto Thefts and Trends That Will Blow Your Mind
Reading Time: 1 minute

 

As it turns out, too much freedom is not a good thing, or so the misuse of Bitcoin and other cryptocurrencies now shows. Brush aside the fact that hackers lurk at every corner of the Internet and you are left with even more startling facts Criminals have been happy to use the anonymity of cryptocurrencies to trade arms, traffic humans, launder money, and more.

For better or for worse, cryptocurrencies today are a conduit of illicit activity, and a lot of government oversight is required to uproot the bad practices that have become the norm. While lawmakers are hard at work to figure out the right legal framework for cryptocurrencies, here are some of the most mind-blowing thefts in the crypto world to read up on:

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Cryptocurrency

Infographic – Libra: Cryptocurrency By Facebook (In 5 Minutes)

George Miller

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Infographic - Libra: Cryptocurrency By Facebook (In 5 Minutes)
Reading Time: 2 minutes

 

It is very difficult to believe that there are still some people out there who don’t have access to basic banking needs and 31% of the population is still unbanked and 85% of transaction happens in the form of cash even at this extent of modernization where digitalization completely took over the world.

The idea of designing a currency which enables access to currency and empowers the whole world is ignited by considering all these circumstances and finally it happened.

One of the most reputable and popular social media giant FACEBOOK has taken a step to improve the financial conditions and infrastructure and introduce Libra.

Libra is a decentralized cryptocurrency build on blockchain technology, it ensures the safety and enables access to everyone no matter where you are from or who you are.

Libra is for everyone, you may be in one corner of the world and you want to send money to another corner, with Libra it is possible within seconds and there is no reason to worry about transaction charges because the transaction charges are very minimal.

A reserve is made for Libra which prevents it from falling into speculation theories and to keep the value of Libra stable.

There are massive fluctuations in the value of other cryptocurrencies, but in the case of Libra it is different, even a common will guess what will be the value of Libra coin in the future.

Reserve is backed by a set of stable and liquid assets, it works with a competitive group of exchanging platforms, which boosts up the confidence of consumers that they can resale their Libra any time they want at a good value.

Although the developer of Libra is Facebook that does not give the right to control and authorize the operations. They have formed an association named The Libra Association. The members of the association are formed by the validator nodes of the network, any institution that controls a validator node and claims stake can become founding member.

As Libra is powered by Blockchain technology it prevents attacks on Libra with the help of LibraBFT (Byzantine fault tolerance) and it is allocated in a way to control both ownership and transfer of Libra.

The Move is a new programming language used in Libra. It executes custom transactions and smart contracts. The significant feature of Move is that a means can never be copied it can only be transferred among program storage locations.

The safety of Move allowed to execute important parts of Libra Protocol in Move, inclusive of Libra coin, validator management and processing transactions.

The organizations that wish to become a founding member should meet a specific list of criteria, once they are in will be offered with Libra Investment Tokens, incentives and transaction refunds.

Considering all these factors one can clearly say that Libra will definitely revolutionize the digital currency field and it will help millions of people to experience the money in a never before way.

Checkout the following infographic on – Libra: Cryptocurrency By Facebook (In 5 Minutes) – Developed by Karthik at MrBTC.org.

Libra: Cryptocurrency By Facebook

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