These sites pay huge processing fees that crypto casinos don’t need to bother with. Low house edge – Running a crypto casino is cheaper than traditional online casinos. After the game, you can verify the outcome was truly random – and, because of that, provably fair. Provable fairness – The random number generation algorithm can run on the blockchain, it happens thanks to smart contracts. Note that this doesn’t mean you’ll have to compromise your identity in any way or form. Information about wins, losses, and payouts is out there for anyone to see. Transparency – Blockchains are (usually) public. Here are some ways blockchain gambling makes the casino industry better: The same technology that makes Bitcoin and Ethereum possible can give you safer, faster, more profitable gambling. Can Crypto Casinos Really Welch on a Bet?īlockchain gambling wields the power of blockchain to make casinos better.
