All Lotteries Are Rigged? Let True Flip’s Blockchain-Based Draws Change Your Mind
January 16, 2019
True Flip is a decentralized platform that aims to offer blockchain-based international lotteries that are honest, transparent, fair, and exciting.
BalloonBit provides a breath of fresh air. It takes on a different route from the usual features and environment commonly found in a Bitcoin casino. This is the reason players who wish to take a break from the flashy atmosphere of these gambling sites can freely do so and find refuge on this betting platform.
To make the experience even more strikingly unique or a tad bit different from the typical Bitcoin casino scene, this website completes the game with comforting background music and sound effects.
Unique Bitcoin Game
The biggest difference of this platform from the Bitcoin casinos online is the game library. There are no Bitcoin casino games here; instead, it features a solo game that involves a bag of bitcoins and a balloon.
In simple terms, BalloonBit requires players to inflate the balloon. The bigger the balloon becomes, the more coins the bettors can win. However, each time the balloon is inflated, the risk of its popping and losing the bitcoins increases.
For every time the bettors choose to inflate, they can pick from three options, each with a corresponding payout multiplier. Players must be careful in inflating the balloon, though. In any case, they can simply opt to cash out the bitcoins they have collected so far from that round.
To make this more attractive, it is provably fair, so the authenticity of every bet can be assured right away. In addition, the house edge is low at 1% only while the minimum bet is 0.00001 BTC and the maximum bet is 1 BTC.
Banking Processes
Although its game is different from those of the Bitcoin casinos on the web, its banking processes are more or less similar with the others. This Bitcoin betting site accepts Bitcoin only, so all deposits and withdrawals are in the same currency.
Every player receives a Bitcoin address, but it is only valid for 24 hours or until a successful transaction takes place. Also, there is no limit as to how much the bettors can deposit, which needs to go through one confirmation before the balance reflects the amount deposited.
Withdrawing funds on the other hand, may take a few minutes or hours. In fact, some withdrawals may take up to 12 hours to be processed. Likewise, every cashout is charged 0.0001 BTC as transaction fee while the minimum amount that can be withdrawn is 0.001 BTC.
Account and Support
It does not take forever to register for an account, which is absolutely a plus for BalloonBit. It even allows its players to try out their game using the demo mode. This option is perhaps one of its best features since it clearly gives new players a better picture of how its game is played.
Moreover, this website is doing well with its customer support. It lets players send messages through its website, and it also features an integrated chatbox. The admin is active here, so questions can be fired away.
Conclusion
Despite its take off from the usual Bitcoin casino setup, BalloonBit deserves credits for providing a pleasant and relaxing online gambling experience. The chances of winning are definitely interesting, and the Bitcoin game itself is new in the market. It would be delighting to see this Bitcoin gambling site integrate altcoins in the future or introduce new games to amplify the fun and entertainment offered here.
