The introduction of cryptocurrency to the mainstream has left many experts skeptical, but the online casino and gambling industry at large seems to be embracing it perfectly. In this quick guide, we look at how RaiGames is changing how players can pay for games online and win real money.
When it comes to online casino gaming, the future isn’t near – it’s right here with us. Increasing in notoriety and popularity, the cryptocurrency fever is sweeping the globe, with the online casino industry quick to embrace the new market. In fact, no other industry has greeted digital currency such as Bitcoin, Ethereum and altcoins more warmly than the gambling industry. Just look at Omni Slots, Loki Casino, Edgeless and Etheroll; they are all taking the idea of cryptocurrency casino gaming and making it something.
RaiGames is joining this list by breaking new ground with what it’s offering bettors. The following brief article takes an in-depth look at how RaiGames is revolutionizing online casino gaming in 2018.
RaiGames – Free 5mXRB/Hour Faucet
RaiGames derives its name from the ‘currency’ that it uses to offer its services – RaiBlocks (now rebranded to Nano) – which is used to refer to a trustless, low latency cryptocurrency which uses a novel block lattice architecture to offer feeless, instantaneous transactions not forgetting to mention unlimited scalability. This makes this cryptocurrency ideal for peer to peer transactions.
How do you play the games?
It’s simple and straightforward. What you need to do is place your bet and watch as the curve on the side panel increases from 1× upwards. Upon successfully placing a bet, two things can ultimately happen:
- Instabust – Immediately you place your bet, there’s a high possibility that you can bust and lose your bet
- Watch the curve continue to grow until you choose to cash out. If you don’t happen to Instabust, you can watch as the curve grows up to an infinite number. Greedy players always fall victim to loosing cash because they are usually caught unawares. If you are smart player, cash out immediately you have a decent profit and wait for the next round to place another bet
As the platform is still at its infancy stages, the maximum bet that you can place per round is capped at 100,000 mXRB.
What are the advantages of playing at RaiGames?
The advantages of playing at this site result from the cryptocurrency used, in a similar fashion to what Bitcoin casinos derive from Bitcoin. They include the following:
- Zero fees on all transactions made – Since the protocol for this cryptocurrency is astonishingly lightweight, all the transactions made on RaiGames are processed free of any charges
- Safe and very secure – Just like other cryptocurrencies, RaiGames provides safe and secure transactions, mainly because of the blockchain technology being used.
- All transactions are instant and speedy – This is yet another advantage of playing at the casino. Your wallet pre-caches the anti-spam proof of work for the next transaction after your transaction has been sent, making all the transactions instantaneous as both sides will already have proof of work ready to go.
However, if you are making the second or third transaction at the site, there might be a small delay, which is aimed at preventing transaction spam. It’s also worth mentioning that they don’t process any deposits less than 1XRB and if you fail to adhere to this rule, they won’t refund your deposit.
Depositing & Withdrawing at RaiGames
- Log into your account and click on your user name. This will redirect you to a different page
- Click on the deposit button to reveal the deposit page
- Copy and paste your railblocks address and paste it on the ‘deposit address’ field
- Click on ‘Recheck Deposits’ to complete the transaction
- Click on the withdraw button and then the withdraw request
- Enter the mXRB amount in the ‘mXRB amount’ field
- Under the destination account, enter your railblocks address
- Enter your password and click on the ‘Submit’ button to complete the transaction