Shibarmy News
Are Crypto Casinos Safe And How Do They Work
So this question comes up a lot. Are Crypto casino safe? After doing our own research and playing multiple games to see the honesty and integrity of online casinos it is a mix. There are a few Crypto casinos that are safe that we have found that actually pay out but a majority of them find reasons to either not pay, delay payments or just outright take your money.
We will be updating a list in the near future to show our exact findings but for now, let’s get into the basics of exactly what a crypto casino is. Just like walking into a brick-and-mortar gambling establishment, you would deposit and play with your money. but in the crypto world casinos are becoming very popular with new ones popping up by the day. Some of them do have good bonuses and payouts like 3Dice which seems to be the fastest paying and with free tournaments and real odds of winning always above 93% up to 98% playback. We have personally played with them and have cashed out multiple times with most payouts being 12 hours or less with Bitcoin. USE THIS LINK and you can actually get 110% match on your crypto deposit $50 and higher.
But then there are other casinos that find a million reasons to not payout. Whether it is you played the wrong casino slot that was supposed to be locked that wasn’t or others that actually have your deposit and claim the deposit did not go through. Being that it is crypto it is difficult to track as they use multiple wallet addresses. This is why trust in a casino online is so important. Could you imagine making a deposit of 500 and they claimed they never received it? You have no recourse of action in this case. Another scam is setting up fake casinos that have absolutely no slots or table games but it is made to look like they do. Once you deposit they just keep your money. These types of sites will pop up all the time as they only last online for short periods of time.
So to answer the question of are crypto casinos safe? Some are but some aren’t so DYOR and always be safe.
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