Cryptocurrencies have made their way to the multi-billion dollar online casino scene. There are many websites active in this space that cover traditional games like blackjack, roulette, and even sports betting.
You also have crypto dice games that operate on a decentralized network via Provably Fair. If this is something that you’re keen to learn more about, this guide explores everything there is to know about crypto betting.
In this article, I discuss the ins and outs of how crypto betting sites differ from traditional gambling platforms – and which providers dominate this sector in 2021.
Before we go into the discussion, here’s a quick list of my favorite crypto betting sites:
What is Crypto Betting?
As the name suggests, crypto betting refers to the process of gambling online. However, instead of betting with traditional payment methods like a debit/credit card or e-wallet, you’ll be gambling with a cryptocurrency like Bitcoin, Ethereum, or Ripple.
In many ways, crypto betting sites operate like any other online gambling platform. This is because you will have access to popular games like:
- Video Poker
In many cases, the above games will be backed by the same regulated software providers that you find in the traditional gambling scene. This includes the likes of Evolution, NetEnt, Microgaming, and Playtech.
Read more: The best crypto trading apps in 2021
As such, by playing a crypto betting game that has been produced by one of these providers, you know that a prolonged testing phase has been implemented to ensure the game is 100% true and fair. On some crypto betting sites, you can also access sportsbook markets and live poker.