The blockchain technology is clearly invading most industries and consumers are embracing it quite well. This is due to factors such as security, anonymity, cost saving, and fast transactions. One of the industries embracing blockchain technology is the gambling sector with blockchain online casinos coming up, such as www.zerocoin.bet. Let’s have a look as to why blockchain technology casinos are better than the traditional online casinos.
Transparency
Most traditional casinos tend to hide some information from users. This includes winnings. They also have various hidden tricks that give them an advantage over gamblers to win. When gamblers don’t get to know there are tricks that give the house better odds than them, they keep on gambling and losing without understanding the reason behind it. Hence, traditional casinos take advantage of them which is quite greedy and unscrupulous.
Blockchain casinos have eliminated this tricks which give the house a better edge in winning. They ensure transparency and ensure that all the odds are clear and transparent to gamblers. They offer a fair play platform for gamblers. For example, www.zerocoin.bet offers 0% house edge casino games. This transparency also ensures that there is trust between both parties and eliminates scams. All this is enabled by the fact that most of the blockchain casinos earn from the value of the coin as users buy and use it rather than making money from gamblers losing.
Information is safe and secure
Traditional casinos involve gamblers giving out a lot of personal information including debit and credit cards information whose security is not 100% considered safe. Gamblers’ personal information is always at risk. It is also tedious to fill out the forms before joining so that you are able to place bets.
Blockchain casinos have helped eliminate this problem and make sure that your personal information stays safe with you. In most cases, to make a deposit and play, all you need to do is send currency to a designated address and you are good to go. This also eliminates the tedious work of filling out form to join and logging in each and every time you want to play. It is way much easier and safe to play on blockchain online casinos.
Save on costs
The regular traditional online casinos have high costs for transactions and deposits. The transaction charges are quite heavy too, in addition to duties and lots of other charges which cost the gambler a lot before they can even play.
You can save all these costs on blockchain online casinos as there are no such costs. The transaction costs are very low or even no charges. Blockchain casinos are not prone to the regulated payment services, thus makes it much cheaper. Deposit and withdrawal costs are significantly low.
Better accessibility
Blockchain casinos use digital currency. Digital currency can be used from anywhere in the world. This is an advantage since there are places where gambling is totally prohibited and gamblers don’t get a chance to enjoy. They may end up on illegal sites and gambling corners which is quite risky and expensive. You can avoid all this by using blockchain casinos and access from anywhere in the world. Moreover, when you win, you access your funds instantly as compared to some regular online casinos where they may take days to process your winnings. Blockchain casinos are therefore safer, easier and better than traditional online casinos.
Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC or any of its team members. NewsBTC is neither responsible nor liable for the accuracy of any of the information supplied in Sponsored Stories/Press Releases such as this one.