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How is Bitcoin Blackjack Any Different From Normal Blackjack?

by ReadyBetGo Editor

Over the past few years, cryptocurrency has risen in popularity and spread to several industries. One such industry is the iGaming sector. As a form of cryptocurrency, Bitcoin has been the protagonistReadyBetGo EditorThere are occasions when we here at ReadyBetGo want to bring you interesting facts about the gambling industry  When something catches our eye, we will publish it for your enjoyment. 
  in this popularity. Players can now play several Bitcoin options of their favorite games at online casinos.

With several classic games now having a Bitcoin option, it's no surprise that blackjack also has one. However, what precisely distinguishes Bitcoin blackjack games from their regular counterparts? This article aims to answer this question critically.

The Positive Difference Between Bitcoin Blackjack and Normal Blackjack

Accelerated Withdrawal and Deposit Times

The speed with which Bitcoin transactions are handled makes it possible to withdraw prizes considerably more quickly in Bitcoin blackjack. This is only sometimes obtainable in regular blackjack, which uses conventional financial methods. Although we cannot provide a precise time frame, 10 minutes is sufficient to deliver your Bitcoin payments whenever you win.

Bitcoin transactions also often have cheaper transaction costs than their fiat currency counterparts, further sweetening the deal of playing Bitcoin blackjack instead.

Anonymous Transactions

When compared to regular blackjack games that accept fiat payment, Bitcoin blackjack gambling is seen as more discreet. The blockchain allows for transparent transactions without disclosing user data to intermediaries. In addition, blockchain technology protects Bitcoin blackjack transactions from fraud and hackers, making them more secure than conventional monetary transactions.

Lower House Edge

While it makes no difference to the house edge whether payment method you employ, Bitcoin blackjack tends to offer a higher return to player (RTP) ratio. As a result, it's possible to argue that the house edge is smaller when playing at Bitcoin blackjack sites. In addition, unlike most games offered by Bitcoin casinos, blackjack always has a house edge close to 0%, so players can rest assured that they will get their money's worth.

Bigger Bonuses

Large-stakes gamblers frequently use Bitcoin to fund their accounts. We can all agree that these snobbish gamers won't be satisfied with a standard welcome bonus. This is why Bitcoin blackjack sites are quick to hand out massive welcome bonus packages. These bids occasionally rise to the range of 4.5 to 5 Bitcoin.

The Negative Difference Between Bitcoin Blackjack and Normal Blackjack

Lack of Regulation

Many online casinos with regular blackjack games are often subject to strict licensing and KYC/AML rules. On the other hand, Bitcoin blackjack sites can more easily operate illegally because they accept only Bitcoins payments. Thus, there is a greater possibility that they will engage in unfair behavior or pull a quick departure scam.

No Chargebacks

A chargeback is not an option since there is no intermediary when making a Bitcoin or cryptocurrency deposit. It is, however, advisable to exercise greater caution and care while sending cryptocurrency because it can never be recovered. It's best to play Bitcoin blackjack games at legitimate and reliable platforms that can be held accountable.

Crypto Price Volatility

Bitcoin is notorious for its extreme price swings. Even if you win $4,000 in Bitcoin blackjack after wagering $10,000, you won't feel like much of a winner if the value of Bitcoin drops and your withdrawal is only $5,000. There is currently no way to prevent this risk. It's best you use sums whose value you would be okay seeing rise, fall, or stay the same.

Final Thoughts

Playing Bitcoin blackjack instead of standard blackjack comes with its fair share of advantages and disadvantages. However, whichever you choose, ensure it benefits you as well as is convenient to play with. Either way, you will get the most out of both gameplays.

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