3 altcoins you can use for crypto betting  

Altcoins are cryptocurrencies that can be used as an alternative to Bitcoin. Although they are slightly different from Bitcoin, they share the same potential in the market.

One great factor that people love about them is that they can also perform the same purpose as Bitcoin while still being unique. Given that Bitcoin is already known for being the most expensive cryptocurrency, it is no longer surprising that investing in it is harder compared to when it was still new. Now that there are lots of people who also invest in crypto with the help of altcoins, more people experience the ease that it provides in their daily lives. 

Betting is one of the activities that accept the use of crypto. On websites like Bitcasino, you will see how BTC is not the only coin recognized as a form of payment. With that, here is a closer look at some altcoins you can use for betting. 

Ether (ETH) 

The most popular altcoin is Ether, the native coin of the Ethereum network. This altcoin ranks second on the crypto market for being a great alternative to BTC despite having a lower value compared to it. One of the factors that make it popular is how it shares a lot of similarities with the popular coin despite staying unique with its features. 

One of the most notable features of ETH is how they use a Proof of Stake (PoS) protocol. This allows them to use smart contracts which ensure that certain conditions are met before the transactions get verified. They also have faster transactions. 

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Litecoin (LTC)

Litecoin is one of the earliest altcoins released in 2011. This altcoin is known as an impressive alternative to BTC despite its smaller value that grows at an almost similar rate. They also use an easier algorithm that makes mining easier.

Among its differences with BTC is that it has a faster block approval time of about two and a half minutes compared to BTC’s ten minutes. It also has a larger supply cap of 84 million that surpasses BTC’s 21 million. It is also believed that LTC got its name from the fact that it works as a lighter version of BTC. 

Bitcoin Cash (BCH)

Despite having Bitcoin in its name, Bitcoin Cash is different from the crypto it was forked from. This is because the developers of this crypto ensure that they can improve the features of BTC, especially the block size. 

Whereas the block size of BTC can only manage 1MB of transactions, BCH can handle up to 8MB. This allows BCH to have faster transactions as it is capable of verifying more transactions at the same time. 

These are just some of the popular altcoins that you can use in online casinos like Bitcasino. So, if you are looking for equally great alternatives to BTC, we highly suggest trying these coins to see how you can maximize the potential of cryptocurrencies. 

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What’s new with crypto as of the second half of 2021

Cryptocurrencies are estimated to reach a new all-time high this coming year with Bitcoin (BTC) leading the charge at an impressive $44,320 in August. Every market is up by 2.75% on average for every coin and token. Ether (ETH) rose by 4-6% for several days in the same week ever since the London hard fork was announced. 

That’s just a summary of events that have transpired as of the start of the second half of 2021. Here is some news that shows signs of bullish markets for all digital assets for the rest of the year. In summary: all cryptocurrencies are about to see bullish markets before 2022 starts. 

Gambling tokens surge

Online gambling is one of the best outlets for adults around the world as the pandemic of COVID-19 caused people to stay indoors. It is also a great way to play for stakes using cryptocurrencies while some industries have yet to accept it as payment. Such circumstances made crypto casinos like Bitcasino grow exponentially successful in the past two years.

Some tokens are made specifically for gaming such as WINk (WIN), FunFair (FUN), and Decentral Games (DG). WINk is a gaming platform developed on the Tron (TRX) blockchain while FunFair is based on Ethereum (ETH). Both coins saw between a 720% to 1000% increase in the charts according to Cointelegraph Markets and TradingView since the beginning of 2021. 

Decentral Games is a community-owned casino based on non-fungible token (NFT) technology. It is the first of its kind and currently the most valuable in the market. Their increase between December 2020 and March 2021 is a whopping 4,300%, reaching an all-time high of $621. Decentral Games began hiring in July 2021 which is going to further change the metaverse’s state in the immediate future.

Ethereum protocol update incites market boost

Ethereum received one of its biggest updates yet called the ‘London hard fork’. This new update ushers in the Ethereum Improvement Proposal (EIP) - 1559 which adds ETH burning and changes to how miners are incentivized. 

Burning ETH allows the currency to prevent its potential for inflation without having to put a maximum supply cap. Thus, ETH prices are expected to soar before the year ends. Miners no longer receive transaction fees and users don’t need to bid for priority. The network’s algorithm automates fee calculation so fees are always fair and the process is faster.  

NFT gaming explosion

Both CryptoPunk and Axie Infinity became some of the largest NFT games on Ethereum. CryptoPunk’s lowest item sells for 49.2 ETH while Axie Infinity’s AXS token reaches a $45 trading floor on the market. Thus, online casinos like Bitcasino are not the only crypto-based entertainment platforms to become popular this year.

Both games had low prices back in 2020 when almost anyone could participate quickly. Today, joining their ecosystem requires heavy investment. More play-to-earn and collectable NFT games on Ethereum are bound to see similar results before the year ends.

A closer look at the professional poker scene

Poker is one of the most popular card games people love and enjoy. With it, players can test their luck and apply their best strategies to win. Given that poker can simply be enjoyed with cards, it is also known as an impressive social game that will surely provide fun to its players. 

This is usually played in social events as well as land and online casinos. With the latter, players are given the chance to join poker games by simply clicking on available servers. This spares them from the hassle of waiting for their turn.

There are a lot of available poker variants in online casinos like Bitcasino. There, players can have as much fun as they like. As some see it as a form of leisure, some see it as an opportunity to hone their playing skills and be professional poker players. If you are unfamiliar with the professional poker scene, here are some facts you may wish to know about it. 

What is professional poker?

Regular poker games pit players against each other in a friendly manner. It is thrilling and exciting at the same time but players don’t take the games to a whole new level of seriousness. As much as many people play poker for fun, some play poker for a living. 

These players compete in major poker tournaments. Unlike regular players, these players have dedicated a lot of time and effort to understanding the game and how they can win it. 

Tips on becoming a professional poker player

If you wish to be a professional poker player and join major tournaments, there are a lot of pointers you should keep in mind. With that, here is a closer look at some tips that can lead you towards the path of being a professional poker player.  

Pick your poker game 

There are a lot of poker variants that you can play on any casino platform. Although poker may have the same objective, each format of the game has its own rules. With that, we highly suggest picking just one poker game and focus on it. It may be best to improve your strategies on a single variant first before moving on to the rest.

Know the odds 

Once you have already mastered your chosen poker game, the next step to success is understanding the betting mechanics. One of the things you need to consider about a poker game is the odds. By understanding how the odds work, you can figure out how you can have an advantage in your game. 

Invest in your studies

As much as you want to study things on your own, you may also want to hire a poker coach who can guide you in countless training sessions. Hiring a coach is a big step in becoming a professional poker player as this spares you from a lot of trial and error on your own.

These are just some things that you may wish to keep in mind when learning more about the professional poker scene. Still, if you are not yet that convinced to pursue this career, then we just suggest you keep practising in online casinos like Bitcasino until you get better at it! 

3 differences between traditional and online slots 

Playing in casinos is one of many ways people entertain themselves. By stepping inside one, players can enjoy themselves in a myriad of games to win real prizes. They can enjoy them as they marvel at the luxurious interiors that the facilities have. 

Technology led to the rise of online casinos that made gaming more convenient for players. There, they can play their favourite games even when they’re at home. They can even win prizes whenever and wherever they play on their favourite game devices. 

In both of these casino platforms, slot games are known as the most popular game choice. As the most abundant game on both platforms, a lot of players are hooked on playing this fun and easy game. So, if you’re wondering how slot games in online casinos like Bitcasino differ from traditional slots, here are some of their notable differences. 

Game variety 

There are more available games on the online platform compared to land casinos. Inside the brick and mortar setting, the number of available games is limited to land space. 

Whereas there can be hundreds of games inside land casinos, there can be thousands of games in an online casino. They are provided by reputable game developers who aim to give their players the best playing experience possible. 

With the game variety, players can choose from countless themes that match their preferences. This allows players to explore as many slot themes and variants as they can. They also have different features that players will enjoy. 

RTPs 

Return-to-Player or RTP is an important element in a slot game. This is expressed in a percentage form and informs the player of their chances of winning. By knowing this, players will know how much they can earn after they play a certain slot game several times. 

The RTPs of land-based slot machines don’t usually have an RTP of 95%, online slots can have RTPs as high as 99%. Looking at RTP rates alone, players get better winning opportunities in the online platform. 

Free plays 

To know how a game is played, land casino players can watch how other players play the game while they are waiting for their turn. Therefore, they don’t have the chance to practice their preferred games before they proceed with actual gameplay. 

With online casinos, players are allowed to play their preferred slots for free. The free mode allows players to familiarize themselves with a slot’s features, symbols, and gameplay. This allows them to be more confident when they start playing with actual bets. However, this doesn’t entitle players to win the prizes that correspond to the symbols shown. 

These are just some of the major differences between traditional and online slots. So, if you are planning to enjoy slot games in online casinos like Bitcasino, we hope that we gave you a better idea of what to expect! 

Ethereum explained: What is it and why is it important?

Bitcoin may have revolutionised the concept of financial assets, but let’s face it, it still bears some downsides. So, years later, the market welcomed the subsequent rise of altcoins (alternative cryptocurrencies), where each provides different rules, technology, and services to cater for the shortcomings of the premier currency, as well as to appeal to various types of users. 

When it comes to specially enhanced functions, it’s none other than Ethereum. While it has long been deemed the second-best and largest crypto after Bitcoin, its network is actually highly programmable — a much faster and more powerful platform. Let’s unpack what more it entails here on this page. 

What is Ethereum?

First things first, a lot of users have misconceived that Ethereum is a digital coin. On the contrary, it’s an open-source blockchain-based platform that singly holds its own virtual currency, called Ether (ETH). It’s the correct term to use whenever you trade or play online games at Bitcasino.

Launched in 2015 by a group of blockchain innovators, namely Joe Lubin and Vitalik Buterin, it’s a programmable network intended as a marketplace for financial services, games, and apps. Beyond storing transaction records, it empowers businesses to build and publish smart contracts and distributed applications (shortened into dapps).

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Dapps are just a fraction of the many Ethereum-powered tools and services. They are more than just any typical apps because they feature the following benefits:

• No owners
• Free from censorship
• Built-in payments (free from third-party payment providers)
• No down time
• Privacy
• Anonymous login (Ethereum accounts would suffice)
• Uses smart contracts for app logic

Smart contracts, on the other hand, are a self-computer programme that executes, controls, or documents agreements between two people in the form of codes. Since they run on the blockchain, they are also stored on a public database and can no longer be altered.

How is it different from Bitcoin?

Let’s just say that Ethereum has a wider scope and is more ambitious than Bitcoin. While the market value of its virtual coin (ETH) is second to Bitcoin, it continues to be a growing platform to cater to all kinds of applications.

Speaking of continuous growth, developers are currently improving the already existing network with Ethereum 2.0. It promises to increase speed, efficiency, and scalability to better store a greater number of transactions.

Is it a good investment?

Like any other leading virtual currencies, Ether is a high-risk investment. It may be open to everyone, but it’s not the right choice for everybody. If you are on the edge of entering the market, just always keep in mind the golden rule: only invest money that you can afford to lose.

What are its best wallets?

Whether you plan on investment or as a daily payment service for online merchants like Bitcasino, part of a successful Ethereum transaction is to have a reliable crypto wallet. So, based on track record, performance, number of users and technology, below are five noteworthy wallets to consider.

1. Ledger (Hardware wallet)
2. Trezor (Hardware wallet)
3. Atomic Wallet (Desktop and mobile wallet)
4. Guarda (Desktop and mobile wallet)
5. Jaxx (Mobile wallet)

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Litecoin basics for new investors

Litecoin (LTC) is, in layman’s terms, money that works on a public platform that banks or companies cannot control. There are developers and investors supporting the network but the activities that work on it are all automated. 

If you’re new to cryptocurrency, then you should know that the word decentralized refers to the most important element of a digital currency. It is a system designed to replace traditional banking with one that allows users to have full control over their savings.

The Litecoin network is backed by industries that seek to expand its features as a platform for payment and store of value. It is a fast, reliable, and cheap mode of payment for borderless trading. It can transfer funds between accounts easily and immediately in other services such as gambling websites like Bitcasino. 

Similarities with Bitcoin

If you are familiar with the description above, then you may be thinking of how similar it is to Bitcoin, the top cryptocurrency in the industry. Litecoin is specifically designed to be a lighter version of Bitcoin. The goal was to keep the top currency’s best traits and continue with its original plan that is to replace traditional banking.

Just like Bitcoin, Litecoin runs on a distributed ledger technology (DLT) called a blockchain. It’s a network of data called blocks stored in nodes created and kept by miners. Their duties include giving the network the processing power it needs to fuel its algorithm which can do all of the work of a central bank but faster and cheaper.

Both networks are operated by the proof-of-work (PoW) protocol which rewards the first minor to complete a task. The incentives for a good job is a fixed amount of cryptocurrency. The incentives are halved for every 840,000 blocks made in the network.

The last similarity between the two is that their values are volatile. Litecoin’s price continues to rise as more users join the network and enrich its economy. If Bitcoin can be considered gold, then Litecoin is silver which people invest to profit from its secure market price in the future. 

The difference that cryptocurrencies have with minerals is that the latter has a fixed price and people only profit from it because of inflation in their fiat. Crypto, on the other hand, continues to increase in value.

Other interesting notes about Litecoin

It is safe to assume that a company that accepts Bitcoin also supports Litecoin. One example of a great industry for Litecoin is crypto casino gaming in websites such as Bitcasino, where players can earn more of what they stake by simply playing games. Its price has risen high so it is also famous for institutional trading.

Litecoin's creator and director of Litecoin Foundation, Charlie Lee, is active on social media. He shares blogs and updates about the crypto as well as the industry in general. He’ll be the best source of information for Litecoin investors and traders.

Top 5 Sic Bo tips you need to know

Are you looking for a new game to play? You should probably give sic bo a try. If you are not familiar with it, sic bo is an ancient Chinese gambling game wherein you need to place bets on the so-called scoring boxes. There are three dice involved to determine the winning bet.  

It might not be obvious but it is one of the oldest and most-loved casino games because of its simple mechanics. Aside from being popular in Asian countries, the game was also introduced in other parts of the world thanks to Chinese immigrants in the early 20th century. 

When it comes to playing sic bo at online casinos such as Bitcasino, you have the option to play by yourself or with a dealer. After all, your goal is to guess the outcome of the dice. If you are right, you win. 

Even though sic bo is a game of luck, here are some of the tips and tricks to increase your chances of winning:

Know your betting options

Do not bet on too many areas on the scoring boxes. There is nothing wrong with multiple bets. However, it is better to plan it out. Yup, you have more chances of winning with multiple bets but you also need to think about the amount of money you’ll lose in the process.   

To make it easier for you, here are some of the betting options you need to know:

• Small- the total score will be from 4 to 10 
• Big- the total score will be from 11 to 17 
• Single dice- choose a number from 1 to 6 
• Odd- the total score must be an odd number 
• Even- the total score must be an even number  
• Specific doubles- bet on a specific number that will appear on at least two out of the three dices  

The betting system doesn’t work

There is nothing wrong if you want to use a betting system. However, there is no actual proof that it works. Using a betting system also does not affect your chances of winning. It is better to look for the game’s house edge. It basically predicts your chances of winning based on mathematical computation. It is also sometimes called casino advantage.   

Do not place risky bets 

It is highly recommended not to place risky bets all the time. Keep in mind to manage your bankroll and bet only what you can afford to lose. As much as possible, avoid triple combinations. 

Trust your guts 

Since this is still a game of luck, you should still trust your guts. There is also no way of predicting the exact results because of the random number generator or RNG. It is a system used to generate your winning combinations. 

Even if you are having a lot of fun, it is still best to set a betting limit and know when to stop. You should also make sure to play at regulated and licensed casino sites such as Bitcasino. What are you waiting for? Place your bets now! 

All about Bitcasino’s Loyalty Club

One of the reasons why you should definitely place your bets at Bitcasino is that there are a lot of bonuses and rewards waiting for you! As a matter of fact, everyone is eligible to join Bitcasino’s Loyalty Club. All you need to do is register an account and play games. 

The more you play, the more you’ll earn points to level up. However, you need to keep in mind that the points will reset at the end of each month. To give you an overview, here are the seven loyalty levels you need to know: 

• Beginner- 0 to 4 points with 1 x multiplier 
• Fan- 5 to 3,749 points with 1 x multiplier and 1 milestone reward
• Expert- 3,750 to 29,999 points with 1 x multiplier and 3 milestone rewards
• Master- 30,000 to 249,999 points with 1.25 x multiplier and 4 milestone rewards
• Guru- 250,000 to 749,999 points with 1.5 x multiplier and 5 milestone rewards
• Legend- 750,000 to 3,749,999 points with 2 x multiplier, and 9 milestone rewards
• Hero- 3,750,000 points with 3 x multiplier  

The benefits

If you become a frequent player at Bitcasino you will receive rewards that are tailored to your gaming strategy. To boost your gaming experience, you can win up to 10% cashback and free spins on your favourite games. 

What’s great is that you can easily withdraw your winnings. Just make sure that you entered the correct details because most transactions are irreversible especially if you are using cryptocurrency. It is digital cash that you can use to buy goods and services online. 

The most asked questions

There is no doubt there are a lot of questions about Bitcasino’s Loyalty Club. To clear the air, here are the answers to some of the most asked questions:  

What rewards can I get? 

There are two types of milestone rewards you can get. These are free spins and free chips and cashback rewards. The cashback reward ranges between 5% and 10% depending on your gaming strategy and loyalty tier. What’s great is that all of the milestone rewards are personalized and dynamic. On the other hand, you can use free spins and free chips to increase your chances of winning when playing slot or table games.

How can I level up?  

You will level up only if you collected the points needed to complete a certain level. However, if you fail to collect the total number of points needed, you will stay on the same level but your points will be reset to 0. Make sure to collect more points because you might drop to the previous level. 

How can I know the house edge per cent of each game? 

The house edge of a game depends on its return-to-player percentage. For instance, if you have 100% chances of winning and the game’s RTP is 96%, you just need to subtract the two values to get the house edge per cent. Thus, the house edge of the game is 4%. 

What are you waiting for? Place your bets at Bitcasino and become a part of our Loyalty Club!

VR Casino Is a Game Changer That Is Not Yet Ready

Online gambling changed the world as it introduces a new possibility for gamblers around the world. Instead of visiting a gambling house, players can simply boot up a browser to launch their favourite game. The biggest feature that this offers is convenient accessibility!

Online casinos did not replace brick and mortar casinos. Instead, it created a completely separate industry that works alongside land-based gambling. Neither is better than the other because gamblers can enjoy both depending on their disposition on any day.

There is an idea that aims to mix the best of both industries using virtual reality (VR) technology. The idea is to bring gamblers into a virtual space emulating a luxurious hotel so players can meet and play together without physically leaving their homes! Unfortunately, that grand goal may need more time to get ready.

Why VR Casino Is Not Ready

By all accounts, virtual reality should be at an amazing stage of development as of 2021. The best example of its potential is VRChat which is available on Steam. It has amazing animations, graphic fidelity, and intuitive controls. Why can’t it be implemented for online gambling when top brands like Bitcasino can fund such a project?

The answer is that the current generation of gamblers is not entirely keen on entering a virtual space, at least for the sake of gambling just yet. There are intuitive games that can be played on VR. Gambling is also proven to be possible. The problem is that VR graphics are still either uncanny or disorienting.

There is also the fact that online casinos are still more intuitive than VR. Even if developing a game for VR is possible, it is still far from being as convenient and simple as browser games. Speaking of which, VR is also demanding when it comes to a hard drive. It needs a powerful system and specific headgear in order to operate. Most adults are not willing to invest in such items.

VR Gambling Is Still a Great Idea Despite Limitations

Even if VR gambling is not ready as of today, a VR casino is still a great idea. However, it should offer more than a 3-dimensional world that embraces existing themes of games found in Bitcasino. The most exciting feature of a VR casino should be its capability to host a room full of people logged in on the same server.

Graphics shouldn’t be a focus for VR as long as it doesn’t disorient the player. Instead of exploring realism, a simplified visual direction should be the best course of action. The virtual space could also explore more exciting themes as a whole! Imagine that, instead of being at a virtual emulation of the modern casino, players could visit a saloon in the Wild West!

Simple Ways to Help You Improve Your Poker Skills

Most gambling activities are games based mostly on luck but poker is heavily reliant on skills. That means that there are always factors that the player can control to gain a better chance at winning. However, improving skills for this type of game is never straightforward.

Unlike sports or music, you cannot simply repeat an action in hopes of being better at doing it in the future. Improving in games of wits requires two elements such as a healthy mind and a deep understanding of the game. Here are a few actions that one can do to improve in poker:

Take Plenty of Rest

A healthy mind is important in all games or activities where wit is the most important skill. Don’t join a poker room while at work or right after you get home. Although online casinos such as Bitcasino are designed to be accessible, you shouldn’t play every time you can. If you wish to gamble while exhausted, you should try slots or baccarat, instead.

Only play when you are at home where you are comfortable. Eat dinner early, take a shower, and nap for a few minutes. Poker is a game where one must pay careful attention to other players’ habits. It is better to spot behavioural patterns with a clear mind. It is also easier to reflect on one’s mistakes when well-rested.

Watch Streams or Records of Competitive Poker

There is only so much that you can learn from your own experiences. Online casinos don’t have a skill-matching system like in conventional games so it is difficult to find players that match your skill level. You can gain a better insight into people and poker by watching professionals compete in high stakes poker.

Once you’ve chosen a stream, you may focus your attention on only one player throughout the game. Pay close attention to how they try to respond to their situation each round. If they made a risky call or a bluff, think carefully. Determine the information that you think this person has gathered and how they reached the conclusion that this is the best decision.

Although you won’t be participating in the game yourself, it is still important to keep a well-rested mind before watching. It is easier to study people’s thinking process when the mind is in its best condition.

Experiment in High Stakes Poker

If you are new to gambling, then it is always recommended that you only play at low stakes tables. Online casinos like Bitcasino have both low and high stakes versions of poker games. The reason why you would want to play at high stakes poker is to have a more serious match with other gamblers.

Casual players tend to make decisions in low stakes tables that would have been considered risky moves in high roller poker. If you really wish to learn how to play poker competitively, then it is better to practice at tables with high stakes.