How Does a Real-Money Gambling (RMG) Work?
August 8, 2020
Real-money gambling (RMG) is yet another positive step in the online gambling world. Get ready to know everything that you must about RMG casinos.
BlockStamp Games is a decentralized blockchain casino that takes pride in having zero house edge. It runs on the BlockStamp blockchain and has been operating since the early months of 2019. Unlike most online casinos, it accepts BST payments and supports the English language only.
Showcasing the powers of BlockStamp blockchain, this casino runs its own set of proprietary games. It also accepts players from countries that allow online betting, although it currently has no gaming license.
Players who would want to contact the support team may opt to do so on the casino’s social accounts. The casino itself has no live chat, contact form, or support email address that players can use. Enjoying everything that this casino offers, however, is easy as the casino and all its games work smoothly on mobile devices.
When it comes its bonuses and promotions, BlockStamp Games falls a little short of what many normally expect from an online casino. Players who are looking for the usual offers like Welcome Bonuses, Deposit Bonuses, and even Free Spins will not find one here. Instead, this casino lets players collect airdrops whenever they enter a new room to play games. At least 0.1 BST are available to everyone who is new in specific rooms.
While there may be no casino bonuses found on board, BlockStamp Games do regularly hold a tournament called Millionaire Madness Double Payout Championship. Players who collect the biggest payouts during the tourney period will qualify for the event. The player that will emerge at the top will receive the same amount of BST received from the winning bet.
No license set.
BlockStamp Games deserves the thumbs up for developing its own games and not relying on third-party casino game developers. Pegged as “radically fair”, this casino’s games are:
The first four games on the list are accessible to everyone outside the rooms. But Blackjack is currently exclusive to players who have joined a room. Meanwhile, the casino is yet to release Texas Hold’em.
For the lottery game, dice, slots, and blackjack, players can bet at least 0.0001 BST. The maximum bet allowed for these games is 50 BST. For the roulette game, the minimum bet is 0.01 BST.
What many players will appreciate about this casino is that all these games, except for the rooms-exclusive Blackjack, are available for demo game. Unregistered players can try playing these games for free as BlockStamp Games will give them 100 free coins.
However, the biggest letdown of this casino – other than its unimpressive set of player incentives – is the long waiting time for the game results. Since each game runs on the BlockStamp blockchain, players will need to wait up to 60 seconds to wait if they win or lose. In terms of gaming experience, waiting that long is a big no-no and can be the deal breaker for most crypto casino players.
No other cryptocurrency payment method, more so fiat money, works on BlockStamp Games. With this, everyone must have some BST in their wallet in order to play in this casino.
Adding BST to an account is straightforward. Players simply send the amount to the wallet address flashed on the screen. Alternatively, they can scan the QR code. But for those who are yet to have BST in their wallet, they can get coins from BlockStamp.info or PicoStocks.com.
To cash out, players must provide the following: their wallet address, the amount to be withdrawn, and a description of what the transaction is for. They can also choose between a regular or a priority transaction fee. The minimum transaction fee is 157 BST, which will be deducted from the withdrawal amount. Therefore, cashouts should be at least 157 BST. Confirmation of the cashout may take up to 60 minutes.
Seeing more blockchain casinos that promote anonymity as well as cryptocurrency or blockchain gaming is always a great development. However, BlockStamp Games seems to be missing some of the key points to success in iGaming.
For one, it needs to improve its rewards system. Adding more bonuses or promos will help attract players. The second and most important aspect the team should check is the rather long time it takes to show game results. Making the players wait for several seconds negatively affects players’ momentum and eagerness to play more. Those who want to check out this casino should do so, provided they keep in mind the two important points raised in this review.
Have you played in this online casino? Share your own BlockStamp Games review below!
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