Crypto casinos have made a splash in the gambling world, promising innovation, fairness, and convenience. But can they stand up to tried and tested traditional casinos? Being a crypto-first site, we’ve got some ideas, but that’s certainly not to say that we can’t be objective! Let’s take a closer look at how these two compare, where crypto casinos stand out, and the areas where traditional casinos still hold their ground.
Provably Fair Slots: Transparency Meets Technology
One particularly innovative feature at some crypto casinos is their use of provably fair technology. This works in a totally different way to traditional slots, which rely solely on random number generators (RNGs). The RNGs are then verified by independent auditors for fairness. With blockchain-based games, players can verify the fairness for themselves using cryptographic hashes.
That said, traditional casinos aren’t exactly lagging here. There are far more slots tested by agencies than there are blockchain certified ones. For example, if you want to play slots with the Megaways mechanic, then you’ll only find slots that are tested in the traditional way. Looking for certified testing agencies, such as eCOGRA or GLI, to ensure the RNGs operate correctly. So, while blockchain offers a new method, traditional slots have long been established as fair thanks to rigorous third-party testing.
Payments: Speed vs. Costs
Crypto casinos have gained a reputation for fast transactions. With cryptocurrencies like Bitcoin or Ethereum, the decentralized service means you can often see your winnings in minutes.
However, traditional casinos do tend to have an edge when it comes to payment costs. Crypto transactions can carry hefty network fees, particularly during high-traffic periods. Traditional methods like debit card payments usually come with little to no fees. It all comes down to speed vs affordability, and that’s a choice that only the player can make!
Game Selection
If you’re a big fan of just a couple of slot games or enjoy your tried and tested favorites, then sure, game choice might not be a big deal for you. But, for the majority of casino players? A bigger catalog is a better catalog. Generally speaking, the most well-established casinos have the largest game libraries, but it’s not always the case. Some new crypto casinos are popping up with a good range of options.
Another area to consider are exclusive games. If you want to develop your own games then you’ve got to have some budget behind you. You’d think that traditional casinos would have the upper hand here — and some do. But, some crypto casinos have cropped up with lots of site-exclusive games. Overall, it depends on what you’re looking for.
Reputations and Resolutions
One of the areas where it’s always been important for casinos to shine is in their reputation. We choose casinos that we trust, after all, casino games are all about trust! RNGs and provably fair titles both go some of the way to doing this, but the rest is made up with reputation, customer service, and reviews.
As cryptocurrency is newer than fiat currency, at this point in time, there are few crypto casinos that can boast such a longstanding reputation as the original online casinos. Compounding this is the bigger budget that longstanding casinos have for customer service and the distrust that some have for crypto. It’s a tricky one, that likely time will level out.
