Most of us have already played at a regular online casino at some point in our lives. But making the leap to a crypto casino can seem like a big deal. So, is it worth it? And are there any differences between regular casinos and crypto casinos?
Before you decide, have a quick read of our crypto vs fiat casinos guide to discover the best features of each and find out whether you’re ready to join a crypto casino.
First off, let’s define the different types of casino out there:
Back in the day, you had to dust off your Sunday best and make your way to a physical casino if you wanted to hit the slots. And they’re still a big draw.
One of the things players love about real-life casinos is the experience. But the odds at land-based casinos suck. The RTP on physical cabinets is often in the 70-80% range, while online crypto slots are almost all 94% and above.
The word ‘fiat’ refers to a government-backed currency, which basically just means normal money as we know it. For now, that means the US dollar, euro, pound sterling and so on. The money you used all your life until crypto came to shake up the scene.
Fiat casinos accept bank cards, ewallets and other payment methods where you can deposit your USD, EUR, GBP and so on straight into your account. These are standard online casinos with familiar payments.
The newest addition is the crypto casino, allowing you to post up with BTC, ETH, XRP and a bunch of other digital coins.
Crypto casinos and fiat casinos share many similarities, but crypto casinos have a few distinct advantages. We’ll take a look at them in more detail.
When comparing the game selection at crypto vs fiat casinos, you essentially get all of the same games at both – but with a bunch of bonus games on top at crypto casinos.
Here are the main game types at fiat and crypto casinos:
The majority of online slots can be found at both fiat and crypto casinos. All the familiar favourites from NetEnt, Microgaming (or Games Global), Hacksaw Gaming, Nolimit City and all the rest can be found at both types of casino.
Roulette, blackjack, baccarat – they’re all available at both regular casinos and crypto casinos. You might find that crypto casinos have more VIP table games and high-limit options, but you can also find these at standard casinos if you look for long enough.
Live casinos cover the usual table games but with live dealers. And gameshows are a big hit these days, too. Once again, you can find all of these games at both fiat and crypto casinos. The best crypto casinos will still have games from Evolution and other top live providers.
Here’s where you can separate the two types of casino, as crash games are intrinsically linked to crypto casinos. These aren’t exactly slots, although there is a heavy dose of luck involved. But you also have a direct impact on your outcome, making them pretty unique.
Depending on how comfortable you are with crypto payments, you’ll either see crypto casinos as offering a major advantage or presenting a huge stumbling block. And, as you’re on Moonshot Slots, we think we know which lane you’re in.
Let’s begin with the option which has been around longer. Fiat casinos let you pay with a variety of payment methods, including:
Without doubt, you have more choice with fiat casinos. But they all come with their own drawbacks. Bank payments are safe, but slow. Ewallets are hard to find at new crypto casinos. Mobile payments have low limits, and cheques…well, need we say more?
Crypto payments eradicate all of these issues. Payments are almost instant, usually clearing within a couple of minutes – and that includes lightning-fast withdrawals.
The top crypto casinos are adding more and more coins with every passing month, which means you no longer have to trade everything into BTC to make a deposit. There are fees, but they’re often negligible.
More importantly, crypto payments are transparent. You can see the exact stage of the process on the blockchain. You don’t have to have blind faith that the payment has been made. If there’s a problem, you can investigate it without the help of any casino or banking staff.
The trade-off is that you need to learn how to store and trade crypto. For the uninitiated, this is a huge step. But, once you’ve made one or two, you’ll realise that it’s fairly simple.
This one is a clean win for crypto casinos.
Almost every online casino will come with a fat welcome bonus to kick things off. But you get bigger, better-value bonuses at crypto casinos compared to regular casinos.
There are a few reasons for this:
Both types of casino offer the same bonuses such as free spins, reload bonuses, no-wagering bonuses and more – so you’re not missing out on anything when you sign up to an online crypto casino.
One final thing to note is that some crypto casinos are flipping welcome offers on their head by focusing on cashback instead of a traditional first-deposit bonus. You can see an example of this in our Duelbits casino review.
In a nutshell, crypto casinos have all of the advantages that you’ll get at a regular casino, plus some extra perks like exclusive games and bigger bonuses. But the caveat is that it’s essential that you know how to use crypto.
A fiat casino is a gambling site that allows you to deposit using traditional currencies such as USD, GBP, EUR and so on. The word ‘fiat’ refers to standard, government-issued currencies, in contrast to more modern cryptocurrencies.
Yes, you can easily move your fiat money into crypto using an exchange such as Coinbase or Binance. Sometimes, you can make this change through a crypto casino. Click on the cashier and it may give you a simple conversion option such as MoonPay.
Yes, it’s completely legal to gamble for real money at online crypto casinos. Many online casinos accept both crypto and traditional payment methods. Crypto casinos can gain the same licenses as regular ones, making them safer for players.
Moonshot Slots offers impartial information about online casinos and games. Our expert team creates reviews and guides based on their best knowledge and judgment. However, these resources are for informational purposes only and should not be considered legal advice. Prior to playing in any casino, ensure you comply with all relevant regulatory requirements.
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