If you've ever played at a casino, be it traditional or online, you have a pretty good understanding of Bitcoin betting. The similar odds, the same strategies and gameplay, and an enormous selection of games, it can all be enjoyed using this cryptocurrency.
Just like with regular gambling, the idea is that you're risking a specific amount of money in the hopes that you'll win that money back, plus an additional amount. For example, if you play with Bitcoin on Roulette, it would be a double or nothing win if you placed chips on Red.
The quality, fairness, and immersion of BTC gambling is mesmerizing, and the number of options is pretty much limitless. At FortuneJack, for example, Bitcoin games range from Slot machines like five-reel Mega Moolah and its progressive jackpot, to table classics like Blackjack and Craps. You can even bet on Live Casino games, where you can bet with real dealers on real tables via a live stream. Talk about digital cash!
FortuneJack also pulled a card out of the Bitcoin transparency book and introduced the Provably Fair system. It's where players can see firsthand the true randomness of the game, and even change things up to really ensure fairness. Learn more here.
For those of us who prefer fun over complex math equations, gambling beats Bitcoin mining by a landslide.