Cryptocurrency casinos continue to bring us innovative ways of earning rewards. These continuous efforts brought crash betting, simple crypto games that test nerves and resolve. They share many similarities with casino options like slot machines and scratch cards.
While crash betting on the best cryptocurrency gaming sites is based on random number generators, they are far more intriguing. You do not need particular skills to ace the games, but you will need luck. The results are random, and you could win multiples of your bet or lose it altogether.
You will learn everything you need about crash betting in the following few lines. We will also explore the simple strategies you can use. It is going to be a thrilling ride, so buckle up as we crank the engine up.
What is Crash Betting?
Before we explain this new crypto game genre, let us take our minds back to stock trading or the forex alternative. You purchase a stock or commodity and wait for the price to rise. If the value increases, you sell it and make a profit.
That is a simple strategy, but sometimes a stock could nosedive and never rise again. Crash betting is similar to this concept. So, here is what it is all about.
You place Bitcoin bets in the game while the multiplier increases steeply. Your responsibility is to cash out before the multiplier crashes. In a crash, you lose your bet, and there is no recourse.
There is no telling how high the multiplier will rise. Most crash betting sites have an unlimited value, providing a one-of-a-kind opportunity to cash out big. However, its unpredictable nature calls for caution when playing the games.
From our brief explanation above, here are some key takeaways:
- Crash betting uses multipliers
- Players place bets and wait for the multiplier to rise as much as possible before cashing out.
- The bets will be void, and there will be no return if the multiplier crashes before cashing out.
- Depending on the gaming site, the value could range from 2x to 500x and more.
- These games use random number generators. Hence, there is no way to predict when there will be a crash.
How to Play Crash Betting Games
Like other BTC casino games, these options are unavailable outside of gaming sites. They are relatively new but widely available to players.
The first step to playing crash betting titles is to find and register at an online BTC casino. While at it, ensure that you sign up on reputable platforms to ensure that the games are fair.
After completing registration, fund your account and navigate to the game’s catalog. Select an option that is intriguing and get your BTC bets ready. The rest of the steps are easy.
Place bets and wait for the multiplier to start rising. It looks like the lines you would find in stock or forex trading. You aim to cash out before it comes crashing down.
There is no foolproof strategy for winning, but you can take steps to reduce your losses. Before we get to that, here are some crucial things to note about crash betting sites:
Ensure You Play at Licensed Casinos
Accountability should top your list when searching for an ideal platform for gaming. Always check and verify their license before signing up and funding your account. Popular regulatory bodies you should keep an eye out for include the Malta Gaming Authority, the Curacao eGaming Authority, etc.
Fair Play Endorsement
While licensing covers this segment partially, it is still good to find endorsements from independent testers. Crash betting games are highly random, and the last thing you want is a manipulated trend. That will take away opportunities to win.
Fortunately, we have bodies like the eCOGRA to the rescue. They test and recommend crypto casinos that have fair games. Hence, you can trust the random number generator on such platforms.
The Good Sides of This Game Genre
Crash betting is becoming popular in online Bitcoin casinos. Aside from the high stakes, they also benefit from the advantages of using cryptocurrencies.
The following are a few advantages to playing these titles:
- You will enjoy the anonymity that some cryptocurrencies offer. That could also be beneficial if you want to keep a low profile and not attract too much attention.
- Most Bitcoin gaming sites allow for higher deposits than the fiat variants. Placing higher bets could result in more substantial wins.
- Players enjoy top-notch security for their data and funds.
While the advantages of crash betting games are appealing, some things should always be on our minds. They include:
- The results are random. There are no skills you can call upon during gameplay, although there are strategies you can use.
- The crypto market remains a highly volatile one.
Strategies You Can Use in Crash Betting Games
As mentioned earlier, there are no skills that will guarantee wins in these gaming options. However, you can minimize losses in this highly random niche with a few steps.
The following are the strategies you can use:
Use Automated Bets
Instead of placing the bets yourself, you can set them to be placed throughout the session automatically. They could help you accumulate wins in the long run. However, keep them small enough to avoid losing much if the line crashes.
Like in stock trading, avoid going into crash betting games with large bets. That is especially true if you are playing them for the first time. The best thing to do is to start with small bets and build from there.
Stay Within What You Can Afford to Lose
As a rule of thumb, never place bets you cannot afford to lose. Remember that these options are highly random, and no guaranteed winning strategy exists. Stay within the confines of your bankroll.
Crash betting games might not be entertaining, but they offer massive rewards. With many crypto casinos going as high as 500x multipliers and beyond, there is no limit to how much you can win. Nevertheless, don’t expect to win with specific skills, as the results are random.
Starting small and using automated bets are some ways you can maximize your winnings. Overall, apply caution and never bet more than you can afford to lose.