Future of Blockchain in Gambling Space Explored in ASEAN Gaming Summit 2019
March 20, 2019
What is Blockchain? What are its benefits? Who uses it? Day 2 of ASEAN Gaming Summit 2019 puts blockchain's role in the gaming space in the spotlight.
EOSBet Casino is one of the many gaming hubs running on decentralized platforms. Launched in 2018 under the DAO.Casino platform, the casino aims to tackle the issues faced by bettors in traditional online gaming hubs, which include lack of transparency and high house edges. The gaming hub even boasts a Curacao eGaming license, assuring you that its operation is legal.
The betting site is available in Chinese, English, and Korean. However, it makes it clear that residents in China and the United States cannot create an account with the casino. And to be safe, you are encouraged to check with your country’s laws to see if you can stake real money in online gaming hubs.
Despite being one of the new gaming hubs in the scene, EOSBet has already earned rave reviews from crypto gamers and experts alike. But what exactly makes it a compelling site to play? Read this EOSBet Casino review to find out.
You will not find the standard welcome bonuses, cashbacks, and VIP-exclusive rewards on EOSBet. However, the betting site lets you earn dividends by simply playing the games onboard.
For every 20 EOS you wager, you will earn 1 BET token. These tokens grant you dividends for life. The casino then distributes profits in EOS to everyone who holds BET. The amount you get will depend on how many tokens you hold. Keep playing longer for a chance to earn more BET, thereby giving you higher profits in return.
There are only two games available on EOSBet—Dice and Crash. The development team assures that it is working to introduce new titles as soon as possible, with the latest one being baccarat.
The dice game shares the same format as games found in crypto dice sites like Crypto-Games.net, Primedice, and Stake. There is a horizontal bar that shows your bet amount and your payouts. To play, simply drag the button on the bar below to your preferred odds. And after adjusting the controls, click Get Started to roll the dice. The results will then reflect on your casino balance. This game has an Auto Bet function, allowing you to make continual dice rolls.
On the other hand, Crash is reminiscent of the Moon game found on sports betting site OneHash. Here, you place a bet and watch the multipliers go up then crash. You win an amount based on a certain multiplier if you manage to cash out before the crash occurs.
As its name implies, EOSBet uses only EOS as its main currency. To get EOS, you must have a Scatter account. If you do not have one, you must create one by installing the wallet’s extension on Google Chrome.
Your casino account directly connects to your Scatter account. As a result, you do not need to transfer your crypto coins to the casino platform. Simply top up your Scatter account, and you can start playing on EOSBet right away.
You have three ways to deposit on Scatter. One is through credit cards like Mastercard and Visa. Another way is to convert your BCH, BTC, ETH, or LTC into EOS through Coinbase. You also have the option to top up your account via a crypto exchange.
Casinos running on decentralized platforms promise fun, fair, and secure betting sessions. Fortunately, EOSBet Casino fulfills all these promises and more.
At first, you might be disappointed with the lack of bonuses and the limited game offers. But once you create an account with the betting site, you will find more than enough reasons to keep playing. The games are simple and easy to play. Plus, you can be sure that these games are provably fair. In addition, all transactions are instant as you do not need a third-party provider to facilitate your deposits and withdrawals. These abovementioned features are compelling reasons why you should try playing on EOSBet Casino.