What Is Bitcoin Keno?
Keno is one of the ancient card games played in early 200 B.C in China and gradually it spread to other parts of the world. Due to the huge popularity of the game, the game has been kept unchanged and today almost all cryptocurrency casinos offer keno games.
Due to globalization, Keno was first transformed as an online game which then made cryptocurrency gambling possible in Keno. Bitcoin Keno is the same as the traditional keno but it is played with bitcoins or other cryptocurrencies that the casinos support. The use of cryptocurrencies in the Keno card games made the games provably fair for players and thus bitcoin Keno got a new impetus for development.
BTC Keno is a kind of lottery game where the winnings are decided upon by the combination of numbers as set by the casino operator. There are around 40 to 42 numbers on the cards to choose from and players have to choose 1 to 10 numbers, or they may also ask the operator to auto pick the numbers. At the time the numbers are chosen, the payout table determines the potential winnings simultaneously. Players are then required to set their bet amount and press the “Play” button. According to the 10 numbers drawn by the players, the winnings are determined.
Reasons to Play at Bitcoin Keno Sites
Cryptocurrencies have transformed the essence of the game and here are why gamblers prefer to play keno at bitcoin keno sites:-
Crypto transactions are faster owing to the inherent nature of cryptocurrencies which makes gambling more convenient for players. With the use of cryptocurrencies, players can withdraw their winnings within an hour without getting into the trouble of waiting for any confirmations from banks, etc.
No Middlemen Involved
Bitcoin transactions happen peer-to-peer which means players send their coins directly from their crypto wallets to the casino where they are registered; no middlemen or financial institutions are involved within and so there are no restrictions as to how players should use their money. Also there are no transaction fees involved as such.
Bitcoin gambling lets players play their games anonymously without letting the world know, even their banks do not get any trace of information about their gambling activities. This is only possible because bitcoin transactions are 100% anonymous and they are not linked to any of the financial accounts of the players.
However, anonymity does not mean that the security is compromised somewhere -it is not. Every bitcoin transaction is recorded in the public blockchain ledger that is immutable and if any player commits any serious crime, it is likely to get caught against a careful investigation.
Provably Fair Games
All bitcoin keno sites offer provably fair gambling and this is one of the major reasons why players prefer to play at bitcoin keno sites. Bitcoin Keno sites allow their players to use Client seeds to check the fairness of the game outcomes which is not otherwise possible in a regular casino site.
Advantages and Disadvantages of Bitcoin Keno
The following are the advantages and disadvantages of playing bitcoin keno:-
|Enables anonymous gambling||Bitcoin keno games do not have many variations and thus they tend to be boring at times.|
|Offers 100% provably fair games||Bitcoin keno is run by a decentralized network and in case the crypto owners lose their coins, there is no way to recover them. Therefore, playing bitcoin keno needs undivided attention.|
|Most of the Bitcoin keno games have a low house edge of 1%.||Bitcoin keno games generally do not offer any jackpots.|
|Bitcoin keno games are one of the ancient games played to date that has easy rules and hefty payouts.|
|The outcomes of bitcoin keno games are random and are generated by RNG (random number generators).|
Best Places to Play the Bitcoin Keno Game
The best place to play bitcoin keno games is on a registered casino that has a proper license from any of the apex authorities granting licenses to online casinos to conduct gambling services. Some of the licensed bitcoin keno websites include 22Bet, betway, Europa casino, Spin casino, and 10 cric.
The Future of Bitcoin Keno
Keno is one of the most popular card games that is played all over the world. Now, that the game has developed many variations to suit the preferences of punters in various countries, it is highly unlikely to fade away anytime soon.
Cryptocurrencies are highly volatile assets which makes crypto gambling highly susceptible to price fluctuations and market speculations. Therefore, it is extremely important to study the market before registering at any bitcoin casino to play any of the casino games.