Online Bingo Games Start Accepting Cryptocurrency
Many online gambling games have started to integrate cryptocurrencies and blockchain in one way or another, but what about bingo?
How to Play Bingo?
Bingo is one of the most popular gambling games out there. This type of lottery-like game of chance has been popularized in the US, but it has reached many other countries.
For those unfamiliar, the game’s rules are simple – players must check whether the numbers that are randomly selected by a caller coincide with the positions of the numbers of on their cards. If the numbers correspond and form vertical, horizontal, or diagonal lines on the card (depending on the type of bingo game), then the player wins.
The two most popular types of bingo games are the American version, which involves 75 balls, and the British version, which plays with 90 balls, read more about variations of bingo.
However, the internet has spurred the development of many other varieties of this game. Indeed, online bingo games have several advantages:
- The prize pool of the game, which includes jackpots, is much higher. This is because physical bingo halls cannot gather a large number of players at the same time. Also, the costs of producing, distributing and processing cards affect the prize pool.
- Online gambling platform providers can arrange various bonus programs that are not available offline.
- Players can try their luck from home or any other place.
Online Gambling Platforms Accept Cryptocurrencies
Cryptocurrency holders now have the opportunity to play bingo games online by buying virtual tickets with Bitcoin or other digital currencies. Some gambling platforms are already offering this option, while others, including Barbados Bingo,are seriously thinking about accepting crypto payments.
Crypto traders can have fun with bingo games online by allocating a small portion of their profits to purchasing virtual tickets. This might be another chance to win significant amounts despite the earnings generated from crypto investments.
Disclaimer: The information presented here does not constitute investment advice or an offer to invest. The statements, views, and opinions expressed in this article are solely those of the author/company and do not represent those of Bitcoinist. We strongly advise our readers to DYOR before investing in any cryptocurrency, blockchain project, or ICO, particularly those that guarantee profits. Furthermore, Bitcoinist does not guarantee or imply that the cryptocurrencies or projects published are legal in any specific reader’s location. It is the reader’s responsibility to know the laws regarding cryptocurrencies and ICOs in his or her country.