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.
Just-Dice is an online betting site launched in 2013. Back then, it received good Bitcoin casino reviews for fast transactions and a low 1% house edge. But while the house edge remained unchanged, the gaming hub switched from Bitcoin bets to wagers made in an altcoin called CLAM in late 2014. This was when Canada passed a law that regulated Bitcoin transactions. But even after the currency switch, this betting site remained a popular destination for dice players.
Compared with modern online casinos, Just-Dice has a design that looks dated. However, the site loads quickly and functions well. You can experience quick registration, get fair game results, and even receive a profit when you invest in this casino? But are these features enough to earn your membership? Read on this Just-Dice review to find out.
There are no welcome bonuses or promotions on this betting site. If you are used to playing in casinos that offer huge Bitcoin casino bonuses, then you may feel disappointed. What this online gaming site does offer is the option to invest in the site using CLAMs. When you invest in this casino, your investment will add to the site’s bankroll. If a player loses the dice game, each investor can profit by up to 0.5% of the total amount invested in the site’s bankroll.
Keep in mind, however, that this gaming hub charges a 10% commission of the staking profits and investments to pay for costs like server hosting and advertising. So if your investment profits, you will pay 10% of your profit on Sunday, 12:00 am (UTC) or when the profits are divested. If there are any changes to the commission rate, notice will be given a week before.
Another unique aspect of this online betting site is real-time player stats. Just-Dice has a number of active players, so watching these stats may help you monitor the potential return on your investment.
True to its name, Just-Dice offers only one dice game. Even so, this betting site still manages to catch the interest of Bitcoin dice players, as the interface is similar to many popular dice sites like Primedice and 999Dice. To play the dice game, you roll a 100-sided die, and then you guess if your roll will be higher or lower than the actual result.
You get to pick your preferred percent chance to win, set the bet size, and then guess if your roll will be high or low by selecting “roll hi” or “roll lo”. Every time you roll the dice, you will get a number between 0 and 100. If you want to win and your choice is “roll lo,” you will need to roll less than the chance you picked. If you choose “roll hi,” your winning roll needs to be higher than the chance you picked.
If, for example, you play a round of dice and set your chance to win to 20%. Pick “roll lo” and results of less than 20 will win. If you picked “roll hi,” then rolls of 80 or more will win. If you cannot decide on a specific number, you can enter a number on the payment multiplier and the chance will automatically appear. Payouts can be as low as 1.0001x but can rise to 990x your bet. In this game, entering a high win percentage may result in small wins. On the other hand, if you enter a low win percentage, you may win a higher amount.
Currently, CLAM is the only altcoin Just-Dice accepts. What makes CLAM unique is the distribution. In May 2014, some CLAMs were sent to Litecoin, Dogecoin, and Bitcoin addresses. If you had an active crypto wallet in May 2014, you might have CLAMs just waiting to be dug up.
On this betting site, the minimum deposit is 0.001 CLAM. Making a deposit is simple as all you need is to send your payment to the given address on the Deposit page. Your deposit needs six confirmations before it gets credited to your account.
If you are using BTC or another altcoin, you can make a deposit with ShapeShift. Keep in mind that this process might take longer because ShapeShift will wait for your funds to confirm before converting your digital coins into CLAM
Making a withdrawal is as simple as making a deposit. But before you cash out, your withdrawal amount must be enough to cover the 0.001 CLAM transaction fee. All you need to do is enter your CLAM address, the amount you wish to withdraw, and optional CLAMspeech text if you want a comment to be attached to your transaction.
The good points about Just-Dice include a user-friendly interface, real-time player stats, and a chance to profit if you choose to invest in the betting site’s bankroll. Plus, it has the Fair? tab which allows you to check whether your dice rolls are truly random.
However, there are aspects of the site that Just-Dice should improve on. Currently, you can contact support by sending an email or by posting in the chat tab onsite. There is no live chat function, so you cannot expect prompt response to your urgent concerns.
And if you are looking for a casino that offers free Bitcoin dice games, you will not find it here. This betting site does not provide a faucet in which you can get some CLAMs to try playing the dice game free. These issues make it difficult to recommend this online betting site if you are looking for a huge win, especially since you cannot get any promos to boost your gaming experience. But for casual players that have CLAMs, or want to invest CLAMs in this brand, Just-Dice is worth a second look.