Thursday, January 16, 2020

The Best Casino Games to Make Money

We’ve all heard the stories of a friend or family member who went to Las Vegas for the weekend and hit the jackpot, leaving us to wonder just how they did it.
Every game of chance is directed by something known as odds. Odds dictate your chance of winning on any individual play of the game in question. Different games carry different odds, as do different manners of play. So what game you choose to play can really change what you ending up winning in the end.
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Table Games

The experts all agree, if you want to win a lot of money, table games are the way to go. Blackjack has one of the best odds of winning with a reported house edge of just one percent. This is much lower than most other games on the floor. Many people are going to argue that Poker is a much better card game offering better returns, and they are not wrong. However, Poker can be a tricky game if you don’t know what you are doing, so if you aren’t an experienced Poker player, stay away from the Poker tables, as the competition can be rough. Instead check out a Blackjack table nearby which is much better for beginner gamblers.
If you’re not a card player, head to the Craps table. Craps has the second best odds after Blackjack at just about 50-50. Craps is not as simple as Blackjack. I recommend reading up on game play a bit before you head over so you aren’t caught unaware, but really, Craps is a simple game to play as you are just betting on the dice roll—it’s all the side bets that make it complicated.
Looking for something with good odds but not complicated? Then check out the Roulette tables. Similar to Craps, you have a nearly 50-50 chance of winning at roulette, and all you have to do is pick a number and hope for the best!

Slot Machines

Now you’re not going to have near as much success playing slot machines as you are table games, but there are ways to win big on slots. First of all, when you’re playing slots, always bet the maximum amount you can bet. This is because the way slot machines are programmed, the more money you put in the more money you are eligible to win. Also, don’t go for the penny slots. The $1 and $5 slots have the better odds.
Besides just playing slots, you can enroll in a slots tournament. In a place like Las Vegas, these tournaments can often be free to enter and pay out something like $500; you just have to commit the time in order to participate. Other slot tournaments are not free, but they will usually have a higher payout and can be worth the entry fee if you know what you’re doing. So if you are passionate about slots, these tournaments could result in an easy profit for you.
If you’ve never played online, I highly suggest you check it out. There are many websites with online slot machines that pay out at much higher rates than those offered in the casinos. One of the best websites for slot machines is MintDice. They have three different slot machines that let you choose your level of risk. Like I previously mentioned, the level of risk you choose when playing slots is directly related to the level of your reward so keep that in mind.
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Online Gaming

As stated above, if you really want to make money in the casino, you need to check out the online casinos. The casinos on the Las Vegas strip are actually some of the worst to gamble in, as they know they have a captive audience that will stay whether they like it or not and therefore have the worst odds. Even other casinos in Las Vegas that are off the strip operate under this same idea. Going to a Casino in a smaller town is definitely a better option if you want to win some money, but honestly the best idea is to take your gambling online.
Websites know that you have many options of things to do on the Internet; after all, YouTube is truly an endless amount of content. And because of this, online gambling sites offer much more competitive odds because they want you to keep coming back. Many online casinos will even offer freebies to get you started, such as a faucet or account credit, which is a nice feature when you are deciding if you like a website or not.
If you’re interested in Poker, teaching yourself how to play and then playing in online games really can generate revenue for you. It may not be much at first, but who knows, you could make it big. The big Poker website currently known for its consistent action is PokerStars. If you’re looking to learn how to play, there are many websites such as Upswing Poker which offer lessons to beginners and can turn you into a pro in no time!
If you’re in to slots or dice, then online gambling is your oyster; there are tons of sites that offer these games. My personal favorite is MintDice, which offers dice, slots, plinko, and a really fun game known as Bit.Rocket. MintDice is a casino run on cryptocurrency, meaning you’ll need to purchase some if you want to play. Although this may sound daunting to those unfamiliar with the Bitcoin world, this actually makes it much easier to deposit and withdraw your money instead of having to go somewhere or use complicated cash out options. MintDice also has one of the most generous faucets out there, making it very easy to try their site without needing immediate commitment.
Before you start to play on any online website, make sure you verify the safety and security of that website. Asking if a casino can prove if they are “provably fair” is usually the best place to start. Also check out the FAQ so you know the rules and withdrawal and deposit guidelines.
No matter how you decide to gamble your money, always remember to gamble responsibly.

Blockchain Casinos and Their Features: A Critical Review

The world of gambling, which has always been considered synonymous to notorious money-earning activities and has been the source of opulent leisure entertainment for the creamy layer of the society, today stands as a world-class industry at the heart of the global economic arena. Gambling and casinos have undergone a series of changes over the years to come out of their shell and establish themselves as a popular means of rejuvenation and quick earning for not just the rich but for the commoners as well who have now started accepting it with much pomp and show.
In the present time, though casinos still exist as brick-and-mortar establishments, behind those tall walls have grown a digital gambling space that allows its users to indulge in the online gaming niche from anywhere and at any time of their convenience. The most talked-about innovation in gambling marketspace is the introduction of “Blockchain Casinos.” Blockchain technology has strengthened its roots deep into various industrial zones like finance, healthcare, insurance, banking, online gaming, etc.
Interestingly, this new-age technology has found its widescale acceptance in the gambling world, too, as now more and more gambling centers and casinos are adopting blockchain technology to cater to the requirements of their clients. Blockchain technology is well-known for its in-built qualities of making the payments system highly secured and upgraded. This makes it a hot-shot option for the facilitation and operation of the online gaming and gambling industry. Before the infusion of a decentralized mechanism, the time required for deposit or withdrawal ranged between three to seven days, but now with the adoption of technology, the players need not worry about all this as transactions are dealt with on an instant basis.
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The blockchain technology improves the online gaming sector by:
  • Adding the element of fairness and correctness in casino games
  • Safeguarding gamblers from unlawful regulations
  • Protecting casinos from fraudulent players
What Is an Offline Casino?
Offline casinos or physical casinos are the land-based casinos that operate inside the brick-and-mortar built lavish establishments studded with eye-popping lights and gaming machines. Earlier casinos were only limited to a certain class of people who visited them to satiate their gambling thirst; however, now people visit casinos with their friends and family members to enjoy some entertaining quality time with them. Land-based casinos help them enjoy with each other while playing their bets on the slots machine. These entities are under the strict vigilance of the regulatory authorities and are bind to certain legal regulations.
The Lucrative Advantages of Blockchain Casinos
The blockchain-operated online casinos offer an array of significant benefits to both the gambling centers as well as the players. The chief offerings given by blockchain casinos to its customers are given below, have a look:
  • Safety of information
The security of the personal information of the players has always been a major concern in the casino space as there remains a threat of such information getting compromised at the time of payment settlements. With the employment of blockchain technology, the payments are highly secured and are managed in the most efficient manner. All the critical information shared during gaming chats, messengers, or placed in personal accounts remain safe and secured on the blockchain network. The advanced gaming solutions and enhanced security standards make blockchain casinos immensely popular.
  • Reduction in costs
Blockchain technology brings about a reduction in the house edge costs, which is paid by gamers to ensure the existence of the digital casino. The gaming transactions’ fees are comparatively lower in blockchain casinos. As these casinos work on automated operations, they require lower payments, which results in a significant decrease in the players’ fees. The deposit and withdrawal operations are executed immediately in a secured manner. The transaction charges are also low as these casinos are not related to costly regulated payments services. Cost-effectiveness adds on to the popularity of blockchain casinos.
  • Secure and Anonymous Trading Activities
One of the most desirable attributes of blockchain technology is its ability to keep the identity of the user or the crypto owner anonymous from the world. Though the system offers high-grade security, the feature of anonymity remains prevalent in the decentralized ecosystem. Blockchain casinos allow payment settlements in a secured and reliable manner for both the players and the casino establishments. Players can indulge in various games operable on the blockchain network using cryptocurrencies and remain anonymous.
  • Greater Accessibility
There are some strict regulations, restrictions, and prohibitions on online gambling in several countries around the globe. In such a situation, blockchain casinos play an important role in offering limitless access to the lucrative world of online casino games. These games use decentralized gambling platforms that use virtual currencies for payments and so ensure easy access for the players worldwide. As players can use digital currency to initiate their gaming session, there is no requirement for banks or payment services.
  • Cryptocurrency Payments
Blockchain technology-based casinos allow the players to enjoy the services of trustworthy and reputable gambling centers in a convenient crypto driven mechanism. These casinos ensure high-grade safety of clients’ personal data and payment information. Cryptocurrency payments render the players to kickstart their gaming sessions from anywhere and at any odd hour.
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What Future Holds for Blockchain Casinos?
The present era is of new-age technologies finding their way in every possible domain of the industrial space one can think of. The integration of blockchain and gambling has brought a new ecosystem of operations and payment management in the world of online casinos. Security, transparency, reliability, immutability, and trustworthiness are some of the primary reasons for the success of blockchain casinos. As the industry sees a great deed of potential in blockchain technology, it won’t be too far that such casinos will become a mainstream business and even the biggest names will adopt the technology for a user-friendly experience. Blockchain niche is dynamic in nature, and every day marks a new innovation in the field, so in the near future, one is likely to get exposed to even more advanced gambling platforms ensuring the highest standards of facilities.
Conclusion
After reading this article, you must have got a fair knowledge about the multiple benefits which blockchain technology has brought in the field of gambling and casinos. These casinos have solved the problems which traditional casinos used to face in terms of payments and security. Thus, it is quite evident that the gambling sector is likely to enjoy an unexpected surge in the next few years, specifically after the widescale implementation of blockchain technology.

Sports Betting Exchanges For Online Vs. Offline Casinos: Explaining the Key Terms

The popularity of online betting is increasing day by day. People prefer this form of betting as this form is convenient, relatively safe, and offers a host of choices to players. Many online betting casinos provide the feature of transactions with cryptocurrency, which makes the whole process very accessible.

Betting Exchanges

Along with the online casinos, betting behavior can be witnessed in the betting exchanges. This kind of betting is termed as sports betting, and the functioning of these exchanges is similar to that of cryptocurrency exchanges. In sports betting, people tend to buy and sell bets on various sporting events, while in the case of cryptocurrency exchanges, the emphasis is on buying and selling the cryptocurrencies. Sports betting is increasingly becoming popular, and these betting exchanges are finding favor with betting enthusiasts. Some of the prominent betting exchanges include the likes of Betfair, Matchbook, and Betdaq, among others.
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Types of Sports Betting

We can differentiate betting based on its different forms. Take, for instance, matched betting, which is considered the safest option among the betting techniques as there is no risk of losing the money. The gamer will utilize the free bets offered by various bookmakers, and here, the outcome is not based upon the chance; instead, it is predicted with the help of a mathematical equation.
Another form of betting is arbitrage betting, which is aimed to maximize the chances of winning. In arbitrage betting, the gamer will bet on all the outcomes of an event, which essentially means the primary objective here is to make sure that maximizing the chances of winning. It is evident here that when you bet on all the possible outcomes, one can’t lose in the game.
In the value betting, however, gamers bet only on one outcome, which means the likelihood of winning is on the lower side, but the rewards associated with the value betting are considerably higher.
Lay betting is another exciting option used by the bettors where instead of backing a bet, punters sell a bet, although the exchange must provide them the facility to act as a bookmaker.
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Online and Offline Casinos

Online casinos offer all kinds of betting opportunities, including sports betting, although the type and scope of services provided by betting exchanges are far higher than the services of casinos. We also have a traditional format of betting in the form of physical casinos, where all kinds of betting including, the sports betting take place, although this offline format is not able to match the convenience provided by the online casinos and betting exchanges.
There are several benefits associated with online betting. For example, the time and inconvenience offered by online casinos cannot simply be matched by their physical, brick-and-mortar format. The chances of being traced are very less in case of online betting, and in case of physical casinos, there’s always a high risk of being caught or getting into some legal trouble.

Conclusion

In sum, the number of options that one can have in online betting is more than one has in offline betting. As sports betting is rising in its popularity, and the various options we have in the sports betting make it convenient for bettors to chance their luck. The emergence of betting exchanges has further made the process more streamlined, which is also boosting its popularity prospects.

Where is the value of cryptocurrency, if there is no utility?

I want to start out by saying I’m not a Bitcoin OG, I was lucky enough to stumble into the space in May of 2017. Though even then I didn’t buy… or try to buy my first BTC until the end of June. That didn’t go well and I then became a miner. Fast forward a few years and I have spent my way through as much as I’ve earned. I’ve been able to do this through mining profits as well as other streams of BTC revenue.
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It wasn’t until this past winter when I was traveling across a decent portion of my country that I realized we are trending in a negative direction. I’m not talking about price that has been recovering nicely, but it’s almost as if it doesn’t matter. I was eager to find locations along my route that would allow me to spend a couple Satoshis, maybe treat my travel companions to a meal using BTC to show it’s utility. Should have been easy, I remember countless locations and businesses joining the ecosystem at the same time as me. Some sought to increase their wealth as price action was heating up and BTC was everywhere in the news; some drawn to the ideals of a P2P network free of banking and credit card fees for transactions. Unfortunately they have nearly all subsided.
Using all my knowledge, also known as Google, I pretty much ended up the same thing. I found 2 locations. You read that right not 20 or 200, just 2 locations that were still listed on my route. This route isn’t all backroads or secondary highways; I was traveling through 2 provincial capitals. After exchanging phone calls with them, I was down to 1. This particular location would have fit my idea nicely, they were open to accepting my crypto still, and bonus it was going to be Pizza. I was feeling like a real Bitcoin OG buying my pizza with crypto, unfortunately breakdowns and road conditions meant I missed their operating hours.
The experience wasn’t a total loss though, as it gave me insight into what happened to the ecosystem. It was us. People stopped spending their coins, and businesses felt it made no sense to allocate resources whether it be training or hardware to accept this payment method no one was using anymore. Having been an active member of The Bitcoin Forum I’ve seen many of the reasons people stopped spending. They either left the space after the massive retracement from Bitcoin's All-Time-High (ATH), counting it as a loss alongside their disenfranchisement with the space. If they didn’t leave they began to hold those coins for deal life hoping to recover their value. The latter group unwittingly became speculative investors overnight without realizing it.
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I have an approach that works for me and it does involve saving a portion of my BTC as I am not against growing ones savings. That’s an important factor in financial responsibility. I spend coins when I can, If I can’t spend I sell - ideally P2P - for fiat to spend. I buy coins if I’m short, even if I could use fiat for the purchase; this creates multiple instances of coins moving through the network. I expanded on this recently in that I also teach where possible. In my case a local contractor is considering accepting BTC the next time he works on my place, a young individual with an interest. 
I understand that everyone has their own approach to cryptocurrency, myself and others have no right to tell you the right way to approach it; if there is a right way. I just want people to consider where is the value if there is no utility.
Article written by SteamTyme on BitcoinTalk.

Thursday, September 5, 2019

Bitcoin Casino MintDice Brings Trust and Investment Opportunities to Players

MintDice has been featured on Yahoo! Finance!! Read the article here:
https://finance.yahoo.com/news/bitcoin-casino-mintdice-brings-trust-213000077.html

Thursday, August 29, 2019

MintDice.com: Bitcoin Affiliate Referral Program Network PROMOTION! 50% Earnings


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Bitcoin Ponzi Schemes & Identifying Bitcoin Ponzi Games

Using Bitcoin Safely Is The Fun Way To Use Bitcoin

It's no secret that if you own Bitcoin that you get to be your own bank whenever you hold your own private keys. However, frequently to get the full use out of Bitcoin, or money in general, you need to have it held with various institutions. These institutions may be a bank where you can store your money for safe keeping or an investment portfolio to invest into domestic index funds. Outside of financial institutions they can be as simple as gift cards or other similar assets to be used at a future point in time.
One of the most powerful aspects of Bitcoin is the fact that all payments are irreversible. This fact is extremely important to people who accept Bitcoin for payment since they know that receiving Bitcoin money is sound money and cannot be faked, counterfeit or double spent. In the Bitcoin casino industry or other industries where fraud may be more prevalent, this aspect is huge in driving down compliance costs and other wasteful inefficiencies to serve you with a superior end product, such as lower house edge. However, irreversible spending becomes a very big problem for the consumer side when they send their Bitcoin to various institutions because the irreversible nature of Bitcoin brings out the worst scammers and fraudsters that the internet has to offer.


Fake Value Offered By Fraudsters

In order for a fraudster to allure victims into sending them their money, they frequently have to offer a value proposition in the first place. Since the discussion revolves around Bitcoin Ponzi schemes, we are going to keep it strictly based on that subject, but keep in mind this can apply to many other types of situations both in and out of cryptocurrency. In order to entice users, the Bitcoin Ponzi games will typically “offer” outrageous sums of APRs to would be customers to attract them into the games. They will offer things that may look like:
1% per day!
10% per month!
1% per day if you invest $1,000 or 2% per day if you invest $5,000!
Also keep an eye out for their Ponzi "affiliate programs" that try to have you sucker other people into buying into their program.
As the old adage goes, if it sounds too good to be true, it probably is too good to be true. Realistically, any time passive investments start promising to offer you rates more than industry standards of 5-10% per year, you should do some homework, math and community research to see if what they are saying is plausible or not.
Ponzi schemes can be especially deceiving to customers as well initially because they can, and will, pay out people in the beginning of their games as money starts flowing in. The problem becomes that eventually there are too many debt holders and not enough money and the owners/operators take the remaining Bitcoin sums to pocket for themselves and leave, never to be found again. And in the Bitcoin world, it's as good as gone at that point.
When it comes to investments, make sure you understand where the value is created and why. If they make empty promises on returns without saying how, it is almost assuredly a scam. If they guarantee profit with “no risk of losing funds” you have to ask yourself how that is possible as almost all investments have risk.

Don't Despair! Some Bitcoin Investments Can Make Sense!

With MintDice's investment program, the value proposition makes sense and the APR is completely calculable if you have enough knowledge. By taking a share of the profits of the online casino, you understand where the value is coming from. There is inherent risk in investing in a casino bankroll as casinos can lose, even over extended periods of time if they are unlucky. And the APRs can be rather large if enough large bettors come to the website to play. So while we make no promises on MintDice as to how much you'll make, you can rest assured that it is a good bet that makes sense, that is subject to some amount of risk. You also know it is NOT a Bitcoin Ponzi scheme or Ponzi game because we do not use customer funds to pay other's withdrawals. Your funds simply bankroll a casino. And we have a proof of solvency to show you that we have the Bitcoin funds on hand to pay out all participants of the casino at any moment in time.
Enjoy and stay safe out there.

https://mintdice.com/blog/bitcoin-ponzi-schemes-identifying-bitcoin-ponzi-games