The development of cryptocurrencies is rapid. While bitcoin is still the #1 crypto, ether has caught up tremendously and is now second in terms of market cap. The ether is rarely used as a means of payment, but rather serves to fulfill smart contracts. However, it has recently been shown that it can also be used as a means of payment for making a deposit in non GamStop casinos. Check at JustUK Club the list of the best non Gamstop casinos.
What is the Ethereum Non GamStop Casino?
An Ethereum Casino is basically no different than any other non GamStop casino. Depending on the provider, you can try your luck at online slots or play the table games roulette, blackjack and baccarat. Some operators even offer the table games as live games. So here you really play at tables that are looked after by a croupier.
The basic difference is that you make your deposit with ether, the currency of the Ethereum system.
7 Tips That Players Should Pay Attention to
Playing in an ETH casino should be fun and ideally lead to a nice win. A few tips should help ensure that the gaming experience remains undisturbed.
Choose Your Games Wisely
Gambling is supposed to be a nice pastime. You have to be aware that instead of the hoped-for winnings, the bets can also all be lost. That’s why it’s important to only bet as much money as you are able to easily lose. So, you should only play with amounts that are really left over and are not needed for other necessary things. Under no circumstances should you play “on credit”, that is, you should not borrow money from anyone, which you may not be able to pay back, or only with great difficulty.
Play at a Legit Non GamStop Casino
It is very important that the Ethereum Casino that you choose to play with has a valid license. The casinos that can show such a license will usually advertise with it, but at least there should be information about it in the terms and conditions. Only in a licensed casino can you be sure that you can assert any disputed claims accordingly. Here you don’t run the risk that the website you used to call up the casino before is suddenly no longer accessible.
One can also assume that everything is done properly in a licensed casino. The responsible authorities in Malta, Gibraltar, the Isle of Man or also from Curacao are strict and carefully monitor the casinos.
Get to Know the Casino First in the “Play Money” Mode
Most non GamStop casinos also offer their customers the opportunity to try out slots with play money just for fun. Here you can then familiarize yourself with the individual games and see whether the game suits you. If you have tested a few games, you can of course continue with real money.
Look Out for a Welcome Bonus With Good Terms
The competition among non GamStop casinos is great and therefore almost all casinos offer special welcome bonuses for their customers. This can either be done as a credit of a certain percentage of the deposit on top, or free spins are granted as a bonus. But here it is important to look at the sales conditions for the bonus services, which can look quite different depending on the casino. You can find more information about this in the terms and conditions, which you should definitely read through.
Choose Games With High RTP
All Ethereum Casino Slots have a so-called RTP, a Return to Player. This value determines the quota that must be paid out to the players from the turnover. These values can range from 94 to 98 percent or even higher. So it makes sense to choose games where this value is as high as possible.
Try out Progressive Jackpot Games
If available in the selected casino, you should also try playing a slot with a progressive jackpot. A small portion of the jackpot is collected from every bet made. These jackpots can grow to staggering sums of up to millions. However, such a jackpot can be cracked with every bet. So even the player who plays with small stakes has the opportunity to become a millionaire with one spin.
Participate in Contests
In addition to the welcome bonus already mentioned, the operators also offer special promotions where additional prizes or free spin packages can be won. Tournaments are also held in different modes. Some of these promotions require a minimum purchase.
Can the Profit Also Be Paid Out in Ethereum?
A profit can be paid out in Ethereum but also in one of the available FIAT currencies, i.e. USD, Euro, British Pound or Ruble. If funds remain on the account for a long time, it is advisable to convert the amount from cryptocurrency to FIAT currency if necessary. Since price fluctuations in ether are possible at any time, it could otherwise happen that the balance unintentionally “melts away” in the event of a negative price development. On the other hand, one can of course also speculate on price increases. Everyone has to weigh up the risk of price fluctuations for themselves.
Pros & Cons of Ethereum Casinos at a Glance
It is often the case that the advantages of a certain thing are put into perspective by a certain number of disadvantages. When playing in the Ethereum Castino, there are actually no serious disadvantages to be found. Only the fact that the selection of online casinos where you can pay with ether is still quite small could be mentioned as a disadvantage here. Here again the advantages and disadvantages are compared:
- Ether payments are extremely secure
- Ether can be traded anonymously
- The transfer time is very short, the deposit is available almost immediately
- More and higher bonuses at Ethereum Casino
- There are not very many Ethereum casinos yet