Interview with RAIG Chairman Clive Hawkswood
January 15, 2020
Clive Hawkswood is the chairman of Responsible Affiliates in Gambling (RAiG), an independent body that aims to promote safer, responsible gambling.
Bitcoin dice takes on the classic dice game by tossing in a fun mix of no-frills gameplay, a provably fair feature, and satisfying rewards. Know more here.
The advent of bitcoins and the blockhain technology brought along a fun and gripping variation of the classic dice game—Bitcoin dice. The latter is one of the most-played titles on Bitcoin betting sites thanks to the one-of-a-kind advantages of the Bitcoin network.
Bitcoin dice generally involves betting on the roll of a dice. But since the game relies heavily on mathematical algorithms, there are only limited strategies you can use to tilt the odds in your favor. The rest is up to Lady Luck’s hands. Still, that does not make the game less enjoyable. You can make the most out of your crypto betting experience by knowing the nitty-gritty of Bitcoin dice.
Online dice games are one of the most popular forms of online casino games, raking in millions of bettors every day. The game offers an entertaining combination of elements, including trustworthiness, fun gameplay, and crypto rewards, that will surely keep you rolling for hours.
When you play Bitcoin dice, you can bet on not just six, but thousands of dice roll outcomes. This is because unlike conventional dice games, Bitcoin dice does not virtually represent an actual six-sided dice. The game provides a wide set of random numbers ranging from 0 to 100. Take note, though, that the number selection depends on the betting site that you are playing on. Some betting sites generate roll results ranging from 0 to 1,000.
One of the best features of Bitcoin dice games is they are provably fair. This system ensures that the roll outcomes of the game is entirely random and is not manipulated by the betting site. Three variables—the server seed, the client seed, and the nonce—influence each roll of the dice.
The server seed is a random set of characters from the dice site, while the client seed is a random set of characters from you (the player). The nonce, on the other hand, is a variable that increases each time you place a wager. These three are combined through an algorithm and will then generate a random result. After each round, the betting site will provide the non-hashed or non-encrypted version the server seed.
One of the easiest ways to verify the fairness of each roll is through provably fair verifiers. Simply provide three variables, and the verifier will then check the hashed server seed and will generate a list of roll outcomes. If the list matches all the bet outcomes you generated, you can rest assured that the game is fair.
Most bitcoin dice sites feature a crypto faucet. This reward system will top up your account with satoshis or small units of bitcoins the moment you sign up. You can use these fun credits to try out the games features without risking your bankroll. If you are lucky, you might even turn these freebies into satisfying wins.
With such appealing features, Bitcoin dice is the game to play if you are looking for an entertaining and rewarding dice betting sessions. You will definitely keep rolling whether you are playing for fun or for the sake of raking in mega crypto wins.
Playing Bitcoin dice is fun and simple thanks to the game’s no-frills gameplay. Know your way around the game by following these three easy steps.
The first step in playing the game is securing a Bitcoin wallet as this is where you will store your bitcoins. Most exchanges automatically create a wallet for first-time purchases. All you need to do is load up your wallet by purchasing bitcoins. After setting up your wallet, proceed in funding your Bitcoin dice account, and you are ready to play.
Most Bitcoin dice sites display the key information of the game in a single section, consisting of the bet amount, multiplier, winning chance, potential winnings, and payout amount. To begin the game proper, you must key in your bet amount and pick a bet multiplier or set up your winning chance.
Note that adjusting these variables will affect the other. For instance, if you pick high winning chance, you will get low-rate potential winnings. Choosing a lower winning chance, on the other hand, will give you a shot to higher prizes.
You can set the above parameters manually or via an Auto feature. The former requires you to input the terms every roll, while the latter rolls the dice on loop, according to your set terms.
After setting up your wagering conditions, you will get a certain number, which sets your point to roll over or roll under. Say you bet 0.25 BTC, pick a 60% winning chance and get 40 as your base number. If you choose to roll over, you will win the round if the outcome of the roll is higher than 40. Rolling under, on the other hand, lets you win if the roll results to 39.99 or lower.
You can proceed to a new round of betting after each roll. Just note that the roll under and roll over number ranges will depend on your wagering conditions.
Now that you know the rules of the game, the next step you need to do is to pick the best Bitcoin dice site for you. Not all Bitcoin dice sites are created equally, so picking the best one for you can be quite a challenge. Apart from having an easy-to-navigate interface and a Bitcoin faucet, an ideal Bitcoin dice site should have the following features:
If you want to get the best value out of your bets, make sure to play on Bitcoin dice sites that offer high payout rates and a low house advantage. Generally, bitcoin betting sites yield lower costs than conventional online casinos. Since any central authority does not host Bitcoin transactions, Bitcoin sites save a large fraction of transaction fees. As a result, they award higher profits and lower house edge rates. Some Bitcoin dice sites offer as low as 0.8 to 1% house edge and as high as 95 to 99% payout rates, giving you the chance to grab bigger winnings.
Early Bitcoin dice sites offer only Bitcoin dice in their game libraries, but some sites now host several Bitcoin games to their list. Such games include slots, roulette, and some casino card games. These Bitcoin dice sites are ideal picks if you want to expand your crypto betting experience and to enjoy other Bitcoin casino games.
Chat sections allow players to interact with other participants in real time, which makes the game more fun. But apart from social interactions, Bitcoin dice sites also randomly reward “tips” to other players via the group chat. These rewards encourage active player participation, making the game more fun and engaging.
At first glance, Bitcoin dice might seem complicated for some or monotonous for others. But once you know how the game works and what exciting perks await for you, you are in for a compelling and gripping betting action. Place your Bitcoin bets and get your shot to win crypto prizes by playing Bitcoin dice today.