Cryptocurrency And Casino – An Interesting Twist In Online Gaming

The online casino market has been a massive piledriver in the gambling market over the last couple of decades, with ground-breaking technology and popular online streamers creating a large surge in interest in online gaming. Game providers have sparked an innovation boom both in terms of game provider technology and maintenance, but also in licensing allowing for services to be offered in a crypto-only setting.

With a surge in licence applications in Curacao, a haven for crypto-backed casino’s, thousands of viewers of popular streamers on platforms like Twitch and YouTube witness millions of dollars’ worth of wagering on incredibly volatile and high-stakes games. For instance, people can view intense betting sessions on the classic 5-Card Draw video poker, which takes less expertise, as compared to more complex poker table games, yet still makes for some incredibly entertaining content. Such gaming sessions highlight the immeasurable highs and lows of playing some of the most advanced and sought after games – as well as the strategies that reap big returns.

In the online gambling world, many casinos have had to restrict entry due to tight regulations in certain areas and states of the world. Providers such as Stake and Roobet are prime examples of some of the most advanced crypto-only casinos that host millions of players around the world, but also lay claim to the most sociable gambling platforms, with players not only be permitted to interact with one another, but also can view the biggest wins on the platform.

Drake, one of the world’s largest pop-stars, is a character that hosts thousands of concurrent viewers that all tune in to view the games he plays, which largely focuses on Roulette as his game of choice, but also games such as Plinko, a game powered by a random number generator (RNG) that’s had a vast increase in interest. This increase in viewership of online streamers has caused a massive upturn in the players that play more random-based games backed by RNG. Plinko is a great example of the games that have an incredibly volatile nature, with players able to set the volatility as they see fit.

Better prevention tools equals better games

Upon the emergence of online casinos, many were not able to offer some of the most popular game types we see scattered across online casinos today. The perfect example of this is poker and poker style games, such as hold ‘em, Omaha and three card poker. The risk of collusion for many was too much to be able to openly offer.

Largely thanks to new systems, able to track players that may be able to communicate with one another and detect third party software giving an unfair advantage, you can see many of these games and game types playable amongst the colourful library of games. However, the most popular platforms to play poker are those such as GGPoker and PartyPoker, that can offer poker centric games and tournaments that thousands partake in daily.

Platforms that offer cryptocurrency solutions like Stake and Roobet are yet to introduce the most popular formats of poker, only currently offering those backed by number generators without the ability to play amongst other poker players. It’s very likely to be an introduction to the platforms and will undoubtedly be immensely popular, with more players wanting to use cryptocurrency as their deposit methods in order to play these different forms of poker.

Slots retain top spot as the most played worldwide

Although poker may be the most sophisticated style of gaming, with a huge skill gap and little space for human error, slots have remained top spot for the most popular style of gambling online. For many, the slight slip-ups that occur in poker are enough to put them off and it’s paramount that hard work and practice is needed to be successful in the table game many love to play amongst friend groups.

Slot games and games that are backed by randomly generated algorithms remain the favourite as little to no intervention is needed, only a mound of luck to unlock thrilling rounds in the extremely volatile games to achieve that excitement level that many dream of. With providers now catering for the masses, the quality of slots have increased ten-fold, with varying storylines, features and win potential.

Jackpots have always been an eye watering attraction for someone looking to play slots, which is still largely the case. However, with games now offering much larger win potential through multipliers, enhanced bonus buys and feature games, the win potential has become much greater and those who were once swayed by the jackpots now have ample options that offer insanely large win potential.

With the upcoming Central Bank of Digital Currency set to release by 2025, it’s very likely that interest in crypto casinos will continue to increase, with more licences to be acquired to offer crypto solutions as payment methods and will in turn allow ample room for inclusive online casinos that also offer a large social poker platform alongside a range of the most popular slots available by some top game providers.