Cryptocurrency News

The Entertainment Factor of Crypto Roulette: Balancing Fun, Risks and Rewards

By December 18, 2023 No Comments

Roulette has been a highly appreciated and classic casino game even in its early days in France. The wheel that started it all was invented in the 1600s by the clever Blaise Pascal, a mathematician, physicist and inventor! The zero that we know so well now on the roulette wheel was invented in 1842 when Lois and Francois Blanc designed a similar roulette wheel that mimicked Pascal’s design with the added zero. As a country well-known for its royal family and casino action, it’s not surprising that the wheel was specifically designed for King Charles the Third of Monaco. Charles was building a casino in Monaco to try and remove the country from financial trouble so he brought in the roulette wheel.

Since then, the classic game has been altered, as the Americans added the double zero onto the roulette wheel, making 38 numbers on their roulette wheel. The two-number system means you bet on a colour and a number and a dealer will spin the wheel to determine what it lands on, creating a simple betting system. Roulette is a game of chance and offers players an exhilarating gaming experience because their winnings aren’t based on strategy or studying opponents.

Virtual versions of roulette have also become popular for the same reasons with an added convenience through online roulette. Operating through decentralised technology, for roulette this means there is no way that players can cheat or manipulate their bets, as blockchain technology keeps records of everything and delivers iron-clad outcomes. The same random and fair chance is enabled online when playing crypto roulette games.

Aside from being safer, some crypto enthusiasts believe that crypto roulette games are more entertaining for several reasons due to new technology, features and other reasons which will be discussed.

The opportunity for community interaction

When playing in person, it can be hard for roulette players to develop communities with other players during the game due to a need to concentrate. Although roulette bets are solely random, some players may have rituals or reasons why they bet on certain colours or numbers – (their favourite colour, or lucky number, for instance), and interacting socially at the table with others can cause great distraction.

Online, however, when playing from the comfort of their home, distractions are minimal which means players have no excuse for placing a bad bet, making the stakes higher and the game more entertaining. Crypto roulette is popular online so many casinos offer it as a game choice. Accessibility is therefore not an issue for roulette players which means during gameplay when it isn’t their turn to bet, they can chat with other players internationally about the game, helping to pass the time and create communities internationally.

Low cost and a decreased risk

Roulette has always been a game associated with risk because of the random betting system. However, this has arguably added to its entertainment value due to the adrenaline players can experience when watching the wheel spin. Many casino frequenters therefore consider roulette one of the best casino games of all time. That being said, in land casinos, this entertainment factor can sometimes be limited by the minimum and maximum bets that casinos may impose.

In crypto roulette, cryptocurrencies can enable instant transactions whether that is for bets or payouts as they do not need a mediator (a bank or a financial body), to validate transactions. In many casinos, this means when players choose to bet with crypto roulette, there is less of a need for a maximum and minimum bet threshold because there is a decreased risk for players betting.

For avid players, this increases the entertainment value of crypto roulette games because they can place higher bets for less. A player can choose the level of risk they want by choosing higher or lower bets and watching the wheel do its magic!

Extra security means players can focus on fun, not finance!

As roulette balances fun and risk, it can be difficult in person to focus on the entertainment element, as outcomes and payouts are displayed so openly. Casinos commonly use electronic systems to display the outcomes of spins with winning numbers and their colours. It can be perceived as an advantage by superstitious players, who may bet on a specific number or colour if they see a pattern. However, as dealers will announce losing and winning bets, it is an intense practice around other players. Dealers then pay the winners and this is visible to everyone at the game which is not ideal as it removes a level of privacy for players.

However, online, this level of transparency remains through smart contracts which store the rules and regulations of the game and can give payouts based on predetermined rules. These payouts are kept secure through the blockchain which can enable payouts to be kept quiet or encrypted if a person wishes.

Players can focus on the entertainment element of the game and not worry about the reactions of their peers if they lose or win a certain amount, whereas, in land casinos, players are governed by the dealer and do not have the same level of security or privacy.

The potential of new features and challenges implemented by online casinos

Choosing the right crypto to game with can be difficult, but it is easy to pick the right game! Yes, there is less risk to crypto roulette and customisable features that online casinos implement which add to game playability. For example with the betting system implemented by roulette, some casinos may introduce jackpot payout systems if a person bets on a specific colour or number. Additionally, as a decentralised crypto platform, players may have influence in-game decision-making if they gain enough tokens or place enough bets which gives them huge incentives to continue playing, creating a high return rate of entertained customers.