Since its launch in 2017, Bitcoin Cash has become an accepted currency in many online casinos. Know more about three betting sites that support only BCH.
Since a year after Bitcoin Cash’s (BCH) release to the public on August 1, 2017, a great number of online casinos now accept the altcoin as one of their currencies. The altcoin—a result of a hard fork from the Bitcoin (BTC) blockchain—continues to impress with its utility and value, as evidenced by its standing on the overall cryptocurrency market. As of August 2018, Bitcoin Cash is the fourth largest crypto based on market cap with a total worth of US$12 billion.
More and more bettors prefer using Bitcoin Cash because of the altcoin’s two major advantages over Bitcoin and other currencies. For one, dealing with Bitcoin Cash allows for some level of anonymity as the transfer of the altcoins requires only private and public keys at the very least. In addition, transactions involving Bitcoin Cash complete faster and incur cheaper fees compared with Bitcoin.
Bettors can celebrate the altcoin’s first anniversary by playing in online casinos that accept Bitcoin Cash. Some of these are as follows.
Since it went live in 2012, Satoshi Dice offered only one online casino game—dice. Named after the pseudonymous creator of Bitcoin, Satoshi Dice once started as a Bitcoin-exclusive online casino. But shortly after the launch of Bitcoin Cash, the casino replaced the Bitcoin with the new altcoin as its new mode of payment. SatoshiDice has since become one of the biggest Bitcoin Cash-only gambling sites in the industry.
Satoshi Dice, on its site, wrote:
“True to the original spirit of [Satoshi’s] vision for a peer to peer electronic cash [system], Sathosi dice only allows players to use Bitcoin Cash. Any Segwit Bitcoin that are mistakenly sent to a Satoshi Dice address will be considered a donation to further the development of Bitcoin Cash.”
The blockchain-based casino allows anonymous betting sessions as gamers do not need to create an account to play. The minimum bet for one dice roll is 0.0005 BCH, while the maximum is 60 BCH. Like any other dice game, Satoshi Dice allows players to choose from several pre-set odds and win multipliers, ranging from 1.05x the bet to a less than 0.10 percent chance of winning 1013.74 times the wager.
Players looking to place Bitcoin Cash bets on some of the famous slot titles in the online casino industry can find satisfaction with Cloudbet Casino’s modest but excellent gaming library.
Launched in 2013, Cloudbet offers casino games ranging from slots to table games. The casino’s games come from fan-favorite software developers, including Betsoft Gaming, Play’n GO, and Microgaming, among others. Some of the slots Cloudbet offers include Atlantic Treasures, Mr. Vegas, and Mega Gems. In addition, the casino offers live table games involving different variants of poker, blackjack, and roulette.
“We’ve added the option to bet with Bitcoin Cash because of the benefits it offers our players, which include… fast transactions [because] Bitcoin Cash allows you to deposit [and] withdraw quickly… [and] low fees [because] the cost for transferring Bitcoin Cash is minimal.”
Bettors looking to stake their Bitcoin Cash on sports matches can also do so in this casino. Cloudbet offers odds for the prestigious leagues in the world, including the National Basketball Association (NBA), the UEFA Champions League, and Major League Baseball (MLB).
Bitcoin Cash players are more than welcome to try out one of the newly launched online casinos in the space. Crypto-exclusive gaming hub CryptoSlots offers slot games and video poker, most of which are from Slotland Entertainment. The casino invites every bettor to spin its Jackpot Trigger, with a top prize of US$1 million. For the high rollers, some of CryptoSlots’ titles have their High Limit counterparts. While High Limit slots require a much larger bet compared with regular ones, the former offers larger wins in return compared with the latter.
Michael Hilary, Slotland manager, said:
“In our other casinos, we’ve seen a huge increase in players opting to play in cryptocurrencies to avoid banking delays and complications. Cryptoslots is designed to make it easy for players to play in crypto, but still bet in USD. Crypto also allows for increased player anonymity since all that’s required is an e-mail address and crypto wallet.”
Apart from Bitcoin Cash, players can also wager using Bitcoin and Litecoin. However, CryptoSlots computes for the dollar equivalent for said virtual currencies, with the exchange rate updated every 15 minutes.