The 2018 crypto marketing scene is set to be an even more astonishing year than we can imagine, with more opportunities for the masses to get involved in cryptocurrency. Injections of funds and guidance by major traders have led to significant spikes in Bitcoin’s value, as well as created a new wave of internet-based companies that help people trade and use cryptocurrency. Crypto igaming is one of these much-needed developments on the market. Here’s how you can enjoy it too!
Essentially, crypto igaming is any online gambling site where players wager against others with money they already have invested in cryptos such as Bitcoin or Ethereum.
1. How to Get Money to Play
If you don’t already have crypto, then you’ll need to acquire some in order to participate in crypto igaming. There are a number of ways to do this, but the easiest and most common method is trading. If you already have cash, then you can use a bank transfer or a credit card. If you want to gamble with crypto, then it’s best if you start from scratch so that it will be easier for you to understand how the whole thing works.
2. What are the Risks?
The risks of crypto igaming are pretty simple, unfortunately. First and foremost, there is always a possibility that you could lose your own money in any online gambling game. In this situation, you will obviously have to seek help from your government. Also, as we said before, you’re going to be betting with your own hard-earned money in the first place so there’s a very real risk of losing it all if you don’t play smart.
3. How to Choose a Game
The first thing you’ll have to do is decide what type of gaming website you want to play. There are a variety of games, with lots of them having gambling-focused platforms and others that attract a much broader base by offering non-gambling games. If you decide that you want to play casino types games like slots or video poker, then there are many platforms out there that you can use as well. Conversely, if you want to play board games and other forms of social games then there are even more options for that kind of choice. It really is up to the individual with regards to which platform he wants to use though. Find here.
4. How to Choose a Game
After that, you’ll need to look at individual games and choose which one you want to play. There are usually different cryptocurrencies available on each platform, and it’s important to understand what type of game you want to play as well. For instance, if you want to play mobile games then those are readily available but they will almost exclusively involve Ethereum wagers. On the other hand, if the game requires playing against a live dealer then you’re going to have your pick of all sorts of different coins. This is really important because you don’t want your money sitting idle in a system that isn’t effective or proper for what you really want out of crypto gambling.
5. How to Start Gaming
Once you’ve picked out what type of game you want to play and which coin you want to wager with, then the next step is altogether easier – actually getting a place where you can play. The process of doing this varies depending on how mobile the platform is. For instance, many sites offer the ability to play from your mobile phone or tablet but there are also other options that require a browser and a computer off page seo. Once you have everything set up, then it’s time to begin playing!
6. What to do if You Lose
Like any online gambling casino, there will naturally be some sort of loss tolerance in order to maintain efficient game operation. The rule at most casinos is that if you lose up to 50% of your total deposited sum, then you can still withdraw the rest. You’ll have to wait for some time though, usually in the matter of days. If you win, then the coins will be transferred back over from the original source and you can also check out any winning notifications that support it.
7. How to Get a Good Return
The last thing you should know about crypto igaming is that there are lots of different ways to get a good return depending on the site. One of these ways is by winning and getting your funds returned to your crypto wallet. The other way is by earning a return on your initial investment as you play. You can do both of these things by simply playing well or trading well when you get the chance.
That’s it! If you want to start playing on a crypto-gambling site, then make sure that you read the site’s rules and regulations first before committing or BlockChain to any bets. The best part is that if you already have complete knowledge of cryptocurrency, then it should be fairly easy for you to win and collect your wins because of your ability to choose which coin is best suited for each game.
