How A Simple Bitcoin Dice Game Shaped The Future

Oct 17, 2016
How A Simple Bitcoin Dice Game Shaped The Future

How A Simple Bitcoin Dice Game Shaped The Future

An online dice game that allowed for micro Bitcoin transactions started it all for Bitcoin gambling. It was SatoshiDice’s on-chain Bitcoin dice game that launched the popularity of gambling online with bitcoins.

The first version of SatoshiDice stayed true to the concepts of Bitcoin. Its Bitcoin dice game was wholly built on the blockchain, and this enabled players to place bets straight without needing to create an account. On-chain dice betting gave SatoshiDice a unique element that is technically nowhere to be found in the iGaming industry.

It was this distinct feature as well that helped define what Bitcoin gambling is and should be about. It was not too long then that SatoshiDice’s success spurred the rise of more online dice games made for Bitcoin and other cryptocurrencies.

SatoshiDice started popularity of Bitcoin dice

Rise of Bitcoin dice

SatoshiDice was sold in 2013 for over 126,000 BTC, which roughly converts to $11.5 million during that time. This Bitcoin dice site is still up and running, although it now features an upgraded game that veered away from the one it traditionally had.

This game is typically the same format other Bitcoin dice sites offer. Rollin.io, Crypto-Games.net, and whole lot more have similar online dice games. But the online betting community is not complaining.

Bitcoin dice, after all, provides instant betting satisfaction. Winning—and losing—comes in just a fraction of a second, giving the real excitement in gambling. Some players would still prefer to spin the Bitcoin slots and would gladly choose it over a dice game (some say it is the graphics that puts slots above the dice game), but this cannot hide the fact that Bitcoin dice do attract a huge market.

Today, players can easily find Bitcoin dice games and some come in different forms and venues. What used to conventionally seen on a stand-alone website is now integrated in Bitcoin casinos. For example, FortuneJack has its own dice game as part of its game library. Moreover, SoftSwiss-powered casinos offer the Pocketdice game, which gives an added appeal to dice by mimicking rolling real dice.

Online dice with cryptocurrencies

Bitcoin dice is evidently supported by a thriving following and this is one reason the simple game of dice can now be played using altcoins. Crypto-Games.net has been known for promoting altcoin gambling, and this is true as its dice game can be played using Bitcoin, Dash, Dogecoin, Peercoin, Litecoin, and Ether, among others.

vDice.io offers Ethereum Dice

Other sites offer the same—spicing the dice betting experience by adding other features and options like how the Cryptogames.io dice and other games are presented with designs that stand out. Another notable brand is vDice.io, which completely focuses on the use of Ether in online betting.

Built on the Ethereum network, vDice.io combines the best of both worlds: online dice betting and Ethereum. This enables players to benefit from the Ethereum functionalities like smart contracts while enjoying the familiar and provably fair dice game.

Seeing how the simple Bitcoin dice game of SatoshiDice evolved to more engaging and cryptocurrency-based dice games proves how Bitcoin gambling truly scored with it. After all, this dice game is uniquely Bitcoin, and it has spread out across other cryptocurrencies.