In the early days, gambling was regulated by governments and churches. Casinos and other gambling facilities have always attracted more attention than other types of gambling. But since the boom in the crypto-currency world, people have been willing to bet with virtual money. Now, it is time to explore how to get started with crypto gambling.
Crypto gambling is fun, exciting, and can be quite profitable too. With gambling, people are not putting their hard-earned money at stake; instead, the virtual money is in the hands of the gamblers.
To begin with, there are a few crypto currencies and assets that are most used for gambling. Bitcoin is the most popular one. It is the first crypto currency to be released on the market. However, since the crypto market is still in its early stages, it is not as profitable as it should be.
But as the crypto market matures, we will likely see more and more crypto currencies used for gambling. In the long run, the crypto gambling market will probably become more competitive and more profitable.
The need for a crypto gambling platform
Before gambling in crypto can become a reality, there needs to be a good crypto gambling platform. The platform must be capable of supporting not only the crypto currency but also the different games.
At the moment, there are two main ways of making money. One is gambling with the fiat money. This is the old way of making money. The other is to gamble with crypto money.
While the crypto gambling platforms are still in their early stages, the following are some of the leading crypto gambling platforms around.
- Lottoz
Lottoz is the world’s first crypto gambling platform. It is a free-to-play crypto platform for betting on anything from sports, to movies, and entertainment. What makes it unique is the fact that the crypto assets that are being bet on are backed by real-world assets. Therefore, people who gamble on Lottoz’s platform can take advantage of the benefits that are available.
- CryptoBet
CryptoBet is the most popular crypto gaming platform. At the moment, it is the only crypto gambling platform that supports crypto assets. Therefore, it can be used to gamble with cryptocurrencies like Bitcoin. The platform also offers a number of games like roulette, roulette, slots, dice games, baccarat, video poker and Blackjack.
- BetDragon
BetDragon is a crypto gaming platform that is backed by real-world assets. All of the cryptocurrencies that are being gambled on are backed by real-world assets that are listed on the platform. The platforms also offer an array of games like roulette, poker, dice games, etc.
- Cryptopia
Cryptopia is another good crypto gambling platform. In fact, it is the first crypto gambling platform in New Zealand. This crypto gambling platform is available for both desktop and mobile users. It offers a variety of games such as poker, dice games, roulette, etc. It also offers a variety of crypto currencies that are being used for gambling.
