Bitcoin Keno is very similar to the lottery, in that it involves matching pre-selected numbers. The game may not be as popular as the lottery, but it has acceptance among the gambling community. This is why many sites have introduced it to their array of games.
Keno is a game that many players enjoy playing because it is easy to understand. The excitement associated with it is premised on the fact that it is fast-paced with rules that are easy to follow. The game itself involves choosing strings of numbers that should be matched for the player to win some rewards.
Here is our list of the top sites to play Bitcoin Keno.
The paytable is not the same for every Bitcoin Keno game. The rewards will be different. Of the 80 numbers available, the player is expected to select some that may not be more than 20. When the button is switched the system selects numbers that if they match the numbers selected by the player, they are rewarded. If those numbers match the ones selected in the bet, the player is wins.
The idea is to select say 8 to 19 numbers that you are confident that they would be selected. If you’re lucky, you get paid. The game is exciting because of the possibility of winning something. Of course, the probability of winning something may seem higher if you bet on more numbers though this is not always accurate. Just like in the lottery, buying more tickets gives you a greater chance of winning the lottery.
There is a version of Keno that has 40 numbers to choose from instead of 80. The possibility of making the odds may be higher with this version, though it’s still a game of chance.
There are games which the skills of the player contributes to rewards. There are others that depend solely on luck. If you’re feeling lucky, playing Keno with Bitcoin is your best bet. The reason is that there is no particular skill to master before winning in the game. However, there are basic strategies to employ.
It has been proven that you don’t necessarily win because of the number of numbers that you selected in Bitcoin Keno. Naturally, the assumption is that betting with many numbers such as 20 increases the odds of winning. Research has shown that this is not strictly true since you’d be wagering more funds. Rather it was shown that the ideal number of numbers to use in Keno betting are from 4 to 6. The possibility of winning is enhanced when the player uses either 4, 5 or 6 numbers. The conclusion is that even though Keno is a game of numbers, the number of numbers selected must not be the maximum to improve the chance of winning. Though 20 numbers would seem to give you a win, but hitting the bull’s eye with 20 is near impossible since you are wagering more and needing to match more numbers.
This is a weird advice for a player since everyone that participates in gambling does so with the intention to win. However, it is instructive to understand that Bitcoin Keno is a game of luck in which you have no control over the outcome. Your skills and strategies won’t really matter if you’d lose. This is why the game should be played for fun, not necessarily because you want to win big. If you have the right mindset, you’d enjoy this beautiful sport without losing a lot of money while playing it, and if you did win, that would be great. This is why we advice that you play games that your skills and luck would determine their outcome if you’re staking a lot of your own funds.
Since the invention of Bitcoin, the gaming industry has realized its revolutionary features perhaps more than any other industry. This could be because gambling is subject to restrictive laws in many jurisdictions. The centrality of Bitcoin in the evolution of modern betting is linked to the decentralized feature of the digital currency. Bitcoin cannot be hacked, the network is not controlled by any individual or group. Not even governments have a say in how the network is managed. The gambling industry is aware of its benefits as a tool that could help minimize undue interferences in its activities.
There are many benefits associated with playing the Bitcoin Keno with BTC.
The transaction fees for Bitcoin is low. They are much lower than what you pay while using your bank card or other payment platforms. This is a great incentive for players and casino owners. With Bitcoin, you could send thousands of dollars and not pay up to a dollar in fees. However, this depends on the condition of the network when the transaction was made. The rule however is that the fees are mostly Iow in comparison to other forms of payment.
As we saw earlier, gambling is subject to restrictive laws in many jurisdictions. This is why players in such countries need a decentralized payment system such as Bitcoin to access such services from any part of the world.
Online casinos have increasingly started using BTC for payments because the virtual currency is transacted faster than other common means of making deposits and withdrawals. Instead of waiting for days to see a financial transaction completed, as with banking, the player can have their funds deposited into their wallets in minutes when they make such transactions with the digital coin.
Most online casinos do not require extensive documentation and data harvesting before you can use them. Basically you need an email address. With the use of bitcoins, the privacy of the player is protected since BTC wallets do not bear the names of their owners. A player can use the platform anonymously of they go further by using blending services to mix their bitcoins when they make deposits and withdrawals. Players who do not want to be associated with gaming can conceal their identities.
The benefits of using bitcoins in gaming are many. The coin has made more players interested in betting services while the demand and competition it engenders has made casinos to keep promoting their businesses using attractive bonuses. Bitcoin casinos are among the biggest bonus givers. These bonuses however should not be the basis for playing since they have terms and conditions the player is expected to fulfill.
Legitimate gambling sites mostly are registered with relevant regulatory authorities in the country they operate from. You should look out for this with the understanding that not every site out there is trustworthy.
Always check to make sure that the gaming site you’re planning to play games with is Licensed as a gambling service. Most of the popular platforms operate with licenses from countries that have gambling-friendly laws.
Use reviews to ascertain that the site you plan to bet with is manned by reliable people. Reviews give you insight into what users of the platform have experienced. It’ll help you avoid a situation where you may win but not get paid.
Some gambling sites do not admit users from some countries. Check the terms of service to be sure that your country of residence is supported before signing up.
The quality of support available on a gaming site determines how isssues are attended to. This is why you should check this important service before placing a bet or even making deposits on any casino. It is not enough to complain to the management through email. Live support should be present in a reliable betting site.