Game of Dice: All You Need to Know Before You Play
3 minutes
Posted by: David
There are dozens of various dice games to play online, but dice games using bitcoin have recently become very popular.
In this day and age, players are especially concerned about safety and fairness. With so many online casinos around, they don’t know what sites they can trust to provide them with truly fair and random slots and RNG games like blackjack or roulette.
It’s a serious issue, and one that traditional online casinos try their best to address, not always successfully.
At the same time, the platforms that provide Bitcoin or crypto dice, unlike traditional dice sites, do not require players to trust the casino.
These games are based on a transparent blockchain system that allows participants to independently verify that the games they are playing are fair and free of stacked odds.
In the simplest of terms, this means that anyone can check the results of every round after it's over to verify that results were calculated before any bets were placed. So, the casino had neither opportunity nor incentive to rig the round.
What Is Bitcoin Dice & How Does It Work?
To begin with, bitcoin dice games are provably fair. Participants can review the fairness of the dice game to guarantee that it is free of any odds manipulation – the odds you see are the odds you play.
Secondly, a dice game enables players to place bets using their digital money. This gives them a significant edge, as casino players are often reliant on the platforms to process withdrawals and pay the winnings.
Dice, on the other hand, allows players to cash out their winnings at any moment. Bitcoin withdrawal transactions are often completed within an hour, allowing users to collect their winnings far faster than on traditional casino sites.
How to Play Dice Games?
Dice is similar to many other simple BTC gambling games in that it is incredibly simple to play.
In a bitcoin dice game, participants pick a number between 1 and 100 and bet on whether a dice roll will end up producing a number lower or higher than their pick.
Betting on a dice roll resulting in a number less than 75, for example, is the same as betting on a roll resulting in a number greater than 25.
The majority of dice games have clear odds of winning, with a house edge of around 1%. This is better than most casino games out there, especially when compared to slots, which often give the casino the edge north of 3% or 4%.
The Best Winning Strategies in Dice Games
All dice game variations are primarily luck-based. This means there isn’t much you can do to improve your winning chances. Still, there are a few strategies you can employ to boost your odds for a particular session.
The Martingale Strategy
The Martingale Strategy is one of the greatest and most popular approaches to consider. It was invented in France in the eighteenth century and stuck around to this very day.
Dice players often resort to this strategy, increasing their bets with each roll to try and overcome their losses and make some profit.
Using martingale, when you win any bet as a player, the win covers all of your losses and provides the profit of one betting unit. The following is a common example of this strategy:
- You bet $10 on a roll under 50 and lose.
- On the next roll, you bet on the same outcome but increase the bet to $20 and lose again.
- On the third roll, you bet $40 on under 50. The bet finally comes in, restoring your losses and giving you the profit of $10 (the initial betting unit).
The Inverse Martingale Strategy
The inverse martingale is a strategy often applied by roulette players, but it translates well to bitcoin dice games, too.
The idea here is to place flat bets for as long as you’re losing. When you win, you’ll double the bet, and you’ll keep doubling for as long as the winning streak lasts.
Inverse martingale is a bit more bankroll-friendly. That said, this strategy still has its risks, and it doesn't guarantee you'll make money.
Summary
Dice sites are becoming increasingly popular these days. The success of the games has resulted in a plethora of outstanding brand names.
Mathematicians dominate bitcoin dice games thanks to their deep understanding of numbers and calculations.
But, don't worry – you don't need to be a math wizard to enjoy these games. With a bit of luck and some basic strategies, you’re bound to have a fair number of winning sessions along the way!
