In practice, this term covers every game available in an online casino that supports cryptocurrency transactions. You have the ability to gamble your BTC and/or other cryptocurrencies, hence Bitcoin & crypto gambling games.
However, as we have already mentioned in the article intro, some game types go a bit deeper technically. The main categories are provably fair and decentralized games. Let’s analyze them separately.
What exactly are Provably Fair Casino Crypto Games
You will see this buzzword thrown around a lot. The best crypto gambling sites have sections with games that spot this feature. Provably fair games utilize cryptographic methods like hashing algorithms to generate random results. They receive inputs both from the site's server and the user’s browser, so a casino can hardly tamper with any results. Players can also check the processes via third-party tools.
This technology is also used in blockchain networks that power different cryptocurrencies. That is mainly why such games are commonly found in bitcoin gambling sites.Nevertheless, note that this feature does not rely on crypto transactions. You can find online casinos that support only FIAT payments with provably fair games as well.
In short, the provably fair function eliminates Random Number Generators (RNG engines) from the equation. Players do not have to rely on third-party services to audit gambling sites. The downside to this is that for now, it is quite hard to develop complex games. Do not expect to find flashy slots with complex bonus triggers or live tables. You will have to limit yourself to simpler games like dice, blackjack, roulette, as well as skill games like rock-paper-scissors and minesweeper.
How do Decentralized Crypto Casino Games work
These are games that are developed and operate 100% on a blockchain network. Their underlying code & functions are publicly available since most blockchains are fully transparent. They are also called gambling decentralized applications (gambling Dapps). Websites with only this type of crypto casino games are becoming more and more popular, as they can offer true anonymity, fairness, security and instantaneous payouts.
For a game to run on a blockchain, it has to deal with several technical limitations. Gamblers should be cautious, as it is very easy to set up scam websites. We recommend this type of game type only for experienced crypto users.
Are there any Ethereum Gambling Games?
Of course, just like Litecoin gambling games or XRP gambling games. Basically, the term depends on each individual payment methods supported by a casino. For example, if a website accept Bitcoin, Tether and Ethereum, then you can say it offers Bitcoin, Tether and Ethereum gambling games.
As for decentralized games, these are mainly found in blockchains that support smart contracts (programmable code within the blockchain) like Ethereum, EOS and Tron.