What are Bitcoin Crash Games?

by Brian Wallace Affiliate Marketing

Bitcoin and cryptocurrency in general, have opened up a host of new opportunities online. Not least is online gambling. Online casinos are quick to spot new technological trends and Bitcoin popped up on their radars long ago. Now many online casinos offer players the chance to participate by using cryptocurrency rather than fiat. Along with traditional betting, a whole new industry has popped up to cater to for Bitcoin gambling. Often offering very simplistic, yet highly compelling and potentially lucrative opportunities, comes Bitcoin Crash games.

How do Bitcoin Crash games work?

Crash is a simple concept that is quick to learn but takes time to get good at. Each may vary slightly in looks and options, but the way they operate is fairly similar. Every round starts with players placing bets, in crypto, before the action kicks off. The game consists of a graph or curve representing a bet multiplier which steadily increases as the game goes on. At any point, the graph can crash, and the game is over. Players who hit the ‘cash out’ option before the crash win their bet with the multiplier applied to it.

Here is a real-life example to make the point clear. Let’s say you decide to place a bet of 100 bits at the start of the round. The game then begins, and the graph starts heading up. At a certain point you hit cash out when the curve hits x3 before the crashes. Just like that you have picked up 300 bits for your troubles. Of course, it can crash at any time, and you lose your stake. But as long as you are aware of that, you can set realistic limits and enjoy the experience within them. It is not just Bitcoin you can find either. Some of the cryptocurrencies available with Crash games currently include:

Bitcoin

Ethereum

EOS

USDT

Players hold out longer in the hopes of scoring larger multipliers as possible, but this increases the chance of crashing out. As we said, it is a simple game, but very compelling once you get into the swing of things.

Are they Fair?

Like their larger online casino cousins, some are, and some aren’t. Just as online casinos obtain licenses from sanctioned regulators to prove they are legit so can Crash games prove they are fair. Despite not needing to be licensed; some would argue that Crash providers are even more strictly regulated – by the game-playing public at large. Take a respected operator like Rocketpot.io which publicly hosts their source code. No one, not even the operators know what the results of each game will be in this case, and no one can meddle with the algorithm. In this way, everything is out in the open for users to verify. The house has a small edge of 1.5% or less that all players are aware of, and the rest is down to chance.

Final Word

Crash gambling is still a niche market at the moment, but it is growing in popularity quickly. When you see what these games are capable of producing it is not hard to see why. For one, players can verify that games are fair, which builds a solid foundation of trust. Secondly, bet well, and tidy sums of crypto can potentially be won. Thirdly – it’s fun! Crash gambling is a social experience that is thrilling whether you win or not. Set limits, play to them, and Crash gambling can be an absolute blast.