Ethereum Casino: Best Ethereum Casinos in Canada
Ethereum is an innovative open-source platform that relies on blockchain technology to build and operate decentralized digital applications, allowing users to make agreements and directly conduct without middlemen.
It operates via a series of a global network of computers working in unison as a supercomputer. This network of computers then assembles and runs independent, self-executing smart contracts that are free from third part censorship or interference. Once certain conditions have been executed and validated, a payment for example, the merchandise is then made available to the buyer.
If all this sounds like mumbo-jumbo to your ears, it's perfectly okay. Just know that Ethereum is a fast, safe, and secure banking method, which you can use to make deposits or withdraw money at many online gambling sites at neck-breaking speeds.
What Is an Ethereum Casino?
Simply put, Ethereum casinos are just like your regular online casinos, with the only major difference being that they mainly use Ethereum as the primary mode of payment instead of FIAT currencies. Other than that, everything else about Ethereum casinos remains the same, including the games, software providers, and winning possibilities.
With that said, it’s important to mention that Ethereum casinos have another payment option— smart contracts. Although very few online casinos accept smart contracts, there are those that offer smart contracts as a payment option, largely because Ethereum is both a crypto coin and a platform (Ethereum or Ether).
Basically, smart contracts are agreements between two willing parties. In the case of online gambling, smart contracts are agreements between the players and the casinos. And thanks to blockchain technology, neither of the two parties can break the smart contract, ensuring that the casino always pays the players their winnings.
Once a player receives the Ethereum, the casino has no way of recalling it back. The reason behind this is that all the Ethereum transactions are recorded within the digital code of a smart contract, and it can be annulled or altered. Better yet, smart contracts are public and everyone can see who delivered what and who received what.
Ethereum in Canadian Online Casinos
Thanks to technological advancements over the past few years, the world has taken a huge leap in the right direction towards accepting alternative currencies such as Bitcoin and Ethereum. And Canada has not been left behind. Today, multiple online casinos in Canada have picked up this growing trend and started embracing Ethereum for deposits and withdrawals.
At the forefront of this Ethereum surge in the online casino ecosystem is King Billy Casino.
King Billy Ethereum Casino Canada
King Billy real money online casino Canada offers an excellent gaming experience to Canadian players. The casino opened its virtual doors in 2017, and it is licensed and regulated by the Curacao Gaming Authority.
King Billy casino allows players from various countries (Canucks included) to enjoy their favorite online games. Their site is available in English, Greek, Russian, Swedish, Norwegian, and Finnish, plus it supports safe and secure banking options including InstaDebit, iDebit, Interac Online and Interac e-transfer, among other major payment methods from Canada.
Boasting over 2500+ slot games, 100+ live casino games, and 900+ Bitcoin games, King Billy is one of the best casinos that support multiple cryptocurrencies including Bitcoin, Ethereum, USDT, and Litecoin.
Best Ethereum Games at King Billy Casino
There is a wide variety of gaming options to play at Ethereum casinos. Below are the most popular ones.
Whether you visit a Bitcoin casino, Litecoin casino or a mobile casino, slot machines are undoubtedly the most famous casino games in the online realm. Of course, most Ethereum casinos offer this game to Canadian players, and they come with excellent payout percentages. All you need is to top up your gaming account, hit the lever, and wait to hit the right combination.
If you are a Roulette enthusiast, you will be happy to note that most Ethereum casinos in Canada offer different variations of Roulette. Even better, you can choose to bet on a single number or a combination of numbers to maximize your winning potential.
Ethereum Poker is a 5 card game that calls for a combination of skill, strategy and gambling aptness. Depending on the variant you opt for, there is a possibility to include betting rounds. On the other hand, you can discard one or more cards and get new ones hoping to pick a better hand in video poker. Almost all online casinos in Canada offer Ethereum poker.
Blackjack is a game that entails collecting twenty-one points, and it is played between players and the casino dealer. For a player to win, they have to get as close to 21 points as possible. If you score higher than the dealer without going over the 21 points, the game is called for you. Whether you are new or a regular online gambling customer,you will find a host of casinos in Canada offering Blackjack games.
Ethereum Casino Bonuses
Unlike the brick and mortar casinos, online casinos offer players dozens of bonuses and loyalty programs. These bonuses are largely meant to attract new players, reward the loyal ones, or even promote new games, and they come in varying shapes and forms.
One of the most popular bonuses in the online gaming ecosystem is the no deposit bonus. It is mainly reserved for new players, and it allows you to try out particular games in a casino without risking your money first. Other popular bonuses include the payment method bonus, loyalty bonus, VIP bonus, and refer a friend bonus. As the names suggest, they do exactly that. For example, the refer a friend bonus is rewarded when you invite a friend to register in the casino you are playing at.
When aiming to redeem any of your Ethereum casino bonuses, it is important to read and understand the general Terms and Conditions and those of the specific bonus. Most of these Terms and conditions are listed right below the bonuses and you shouldn’t have a problem finding them. If you don’t understand anything about your Ethereum online casino bonus, you can contact the casino’s customer support team. And if the operators are quick to respond and helpful in their answers, you may as well consider yourself lucky to have found the right Ethereum online casino.
King Billy Ethereum Casino Deposits and Withdrawals
Depositing or withdrawing from an Ethereum casino is a piece of cake. The good thing about it is that the funds reflect almost immediately, irrespective of whether you are depositing to play or cashing out your winnings. If you are looking to deposit or withdraw funds from your gaming account for the first time, the following easy steps will help.
As you can see, depositing funds in your gaming account is fairly simple and straightforward.
You have played your favorite game and won. But how do you go about cashing out your winnings? That’s just about what we’re about to show you.
Advantages of Using Ethereum for Online Gambling
Every online banking method comes with its own set of advantages and challenges. However, the key is to weigh whether the merits outweigh the demerits. In the case of Ethereum, the pros far outweigh the cons. Here are some of the advantages of using Ethereum for online casino transactions;
As alluded above – no online banking method is 100% perfect. Neither is Ethereum. Here are a few of its downsides;
It is clear that technology and innovations have transformed the world as we know it. This is especially the case when it comes to currencies. Gone are the days when big central banks controlled the way we transact and even placed restrictions on FIAT money circulation. Today the world is moving towards decentralized and digitized cryptocurrencies, eliminating the bottlenecks once posed by FIAT currencies. As this revolution continues to take shape, many online casinos are beginning to realize the massive benefits of cryptocurrencies like Bitcoin, Ethereum, and Ethereum. It shouldn't come as a surprise that most have embraced cryptocurrencies like Ethereum as a payment option in the hope of accelerating the transaction process, as well as attract punters who prefer to use these currencies.
If you are living in Canada and looking for a casino that accepts Ethereum withdrawal and deposit methods, we hope this guide will help. Be sure to take a look at the online casinos we have listed above, as well as the gaming options available in these casinos. The Ethereum online casinos that we have specifically picked for you offer a wide array of online games, including slots, poker, live dealer games, and so much more. They will let you enjoy all the goodies that the online gambling world has to offer and reap the benefits of using Ethereum while at it.
How do I play in Ethereum casinos?
Ethereum casinos operate just like their regular counterparts, with the only exception being that they offer Ethereum as the primary payment option. The process of playing at an Ethereum casino entails creating an account with your favorite casino, making a deposit, claiming your bonus, playing your favorite game, and waiting to win. It's as simple as that.
How does Ethereum work?
Basically, Ethereum runs via a global network of computers, which work in unison to create a supercomputer. This network of computers then assembles and runs independent, self-executing smart contracts that are free from third part censorship or interference. Once certain conditions have been executed and validated, say a payment for example, the merchandise is then made available to the buyer.
What are the advantages of Ethereum casinos?
Playing at Ethereum casinos has many advantages including;