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The Pros and Cons of Gambling on a Crypto Casino Site

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For many years, cryptocurrency was considered a niche interest that most likely would never grow to mean anything to the majority of the population. But compared to when Bitcoin was first created in 2009, cryptocurrencies are now on everyone’s lips. In fact, an NBC News poll found that one in five American adults have either invested in, traded or used cryptocurrency.

Due to this popularity, more industries are starting to accept payments in crypto – and the iGaming industry was quick to see the currencies’ potential. Crypto casinos quickly became the hottest trend, and today, there are more of them online than you can count. Are you either new to online gambling or used to regular casinos – and are you still considering whether you should give crypto gambling a shot? Then this article is for you. Below, we’ll take you through the pros and cons of crypto casinos so that you can decide whether they’re for you.

Pro: Quick, Easy and Safe Transactions

Seasoned gamblers know that transactions can take forever to go through. With crypto, though, things are way simpler and quicker. When you win a game at a crypto casino, your winnings reach your wallet almost immediately after you withdraw. The best crypto casinos will store your money securely in a cold storage wallet, while others update an internal ledger. If you want to dive deeper into how this works, find out more at safecryptocasinos.com. They go through the different storage systems you’ll come across at crypto casinos, their pros and cons and what your safest option is.

Con: Regulations and Licenses Can Mislead

Whether it’s crypto or other aspects of the fast-evolving metaverse, it’s important to keep in mind that we’re still in their early days – which means lawmakers aren’t even close to keeping up when it comes to regulations. This leaves it up to cybersecurity companies, activists and the users themselves to keep them educated on the risks of the modern digital space. While crypto casinos can obtain licenses, they’re way too easy to get, making them worth little for players – so when it comes to security, crypto casinos are still very much the Wild West.

Pro: Stay Anonymous While Gaming

Of course, it’s worrying that crypto casinos have to meet so few demands – but on the bright side, so do you. When you gamble with cryptocurrencies, you often only have to register with an email address, allowing you to gamble anonymously, if you so wish. Furthermore, crypto transactions happen independently of the banking system. This means that your gambling transactions won’t show up on your bank statements and e.g. ruin your chances of getting a loan or a mortgage.

Con: Harder to Get Your Account Back

While anonymity has many advantages, it also comes with its risks. For instance, only registering at a crypto casino with an email address obviously means that it’s the only thing tying you to the account – so, if you get locked out of both your casino and email account, regaining access could be very difficult. When your identity isn’t tied to the casino account, it’s hard to confirm that you’re the rightful owner. So if you decide to run the risk, make sure to take extra measures to keep your email secure.

Pro: Micro Gambling is Possible

To end things on a positive note, crypto gambling could be a great alternative for people looking to make smaller bets. Say, for instance, that you’re just dipping your toes into casino games. In this case, you’d want to be able to try your hand at a few different games without risking big losses to see what you like. And at crypto casinos, you can do just that: Unlike regular casinos, they allow micro gambling – meaning that you can bet less than 1 cent. So, if you already have some crypto and want to try gambling, why not give it a shot?

Endorphina Press Releases

Temple of Ra: Endorphina releases a new Egyptian-themed cascading slot

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Temple of Ra: Endorphina releases a new Egyptian-themed cascading slot
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The leading slot game provider, Endorphina, has announced the official release of its newest Egyptian-themed game, which will join the company’s portfolio on May 21th. Temple of Ra is a cascading slot 6-reel, 5-row slot that encourages players to uncover the hidden chamber of Ra and unravel the secrets buried within.

The cascading reel mechanic builds excitement as players strive to unlock the path to century-old treasures. Temple of Ra features divine gemstones, sealed treasure chests, and gold-filled chambers, inviting the bravest players to a quest that may lead them face-to-face with Ra himself.

Are you interested in Egyptian-themed slot games? Try out Endorphina’s Temple of Ra and discover the long-lost treasures of the Egyptian gods.

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Hub88 selected by Pragmatic Play for exclusive early launch of Medusa’s Stone

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Hub88 selected by Pragmatic Play for exclusive early launch of Medusa’s Stone
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Hub88 has been chosen as the first-to-market partner for Pragmatic Play’s latest release Medusa’s Stone, demonstrating its position as a trusted aggregator.

Ahead of its network release on June 13th, Greek mythology-themed slot Medusa’s Stone will be made available exclusively for a two-week period from May 30th to Hub88’s operator partners.

The high-volatility slot includes free spins, super free spins, a Medusa Spin mechanic that can see character symbols on the three centre reels randomly turn into Wilds, and an attractive x7,000 max win. Hub88’s customers will be able to reward their players with a sneak peek at the highly sought-after title, which features a unique 3x4x4x4x3 grid layout and highly detailed characters.

By entrusting Hub88 with an early exclusive release, Pragmatic Play has ensured premium initial placement of Medusa’s Stone, while the aggregator will benefit from delivery of a popular and universally recognisable game theme from a leading supplier.

Jess Inglott, Head of Supplier Relations of Hub88, said: “We are delighted to be picked by Pragmatic Play, one of the industry’s most respected games developers, to facilitate the launch of Medusa’s Stone.

“As a result of our reputation as a trusted and industry-leading aggregator, we will now add the release to our portfolio and enable operator-partners to benefit from the interest generated by this new release.”

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Future Anthem announces personalisation AI collaboration with Bede Gaming

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Future Anthem announces personalisation AI collaboration with Bede Gaming
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Future Anthem, the pioneering AI and data science powerhouse, has partnered with leading gaming platform Bede Gaming to supply Bede clients with Anthem’s flagship real-time personalisation product, Amplifier AI.

The collaboration will see Bede Gaming integrate Amplifier AI to its core gaming platform, enabling its customers to quickly access a multitude of benefits to offer personalised player experiences across single player journeys. Bede prides itself on iGaming innovation, and this collaboration with Future Anthem highlights its desire to further enhance its platform with the latest products and to drive an improved player experience.

Bede partners with some of the most successful online gaming brands in the world delivering excellent technology and products that enables market-beating performance with the highest standards of security and stability. The platform is scalable, modular and adaptable allowing operators to integrate any third-party software, processing billions of transactions a year. The platform also integrates into land-based systems offering a genuine omni-channel convergence solution.

Future Anthem specialises in AI and has developed a cutting-edge all-in-one product called Amplifier AI that personalises every step of the player journey across casino, sports betting, and lottery. Utilising a data-driven approach, Amplifier AI optimises player acquisition, enhances engagement, and boosts retention by providing personalised content recommendations with personalised marketing in the moments that matter to players, all with a responsible gambling orientation as each gaming session is scored for risky play.

The partnership marks a significant milestone for both parties as they continue to bring accessible, market-leading innovations to their customers, reinforcing the importance of a personalised player experience that prioritises responsible gaming.

Future Anthem CEO Leigh Nissim said: “We enjoy working with progressive companies like Bede who are championing innovative technology. In a very short period, we’ve established a shared vision that will make it quick and simple for their customers to benefit from Amplifier AI’s personalisation products.

“This collaboration offers significant potential to improve and innovate player experiences, something that all operators should strive for as the race to real-time personalisation heats up.”

Colin Cole Johnson at Bede Gaming said: “We are delighted to partner with Future Anthem to integrate the latest iteration of its advanced personalisation product into our platform. Leigh has built a fantastic team, and we are looking forward to delivering the benefits of this collaboration to our customers, as Amplifier AI will elevate our offering further.

“There is no doubt this partnership will lead to future developments, with both companies keen to remain at the forefront of iGaming innovation. We’re always keen to help our customers grow responsibly – this collaboration helps them move faster across verticals and to get the most from their data which ultimately will benefit their players.”

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