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If you are interested in blockchain and cryptocurrency and want to try a fun new hobby, look no further than a crypto casino. These online platforms work almost like traditional web casinos, but in this case, you can use cryptocurrencies to play a wide range of games because crypto gambling platforms offer a lot of entertainment through a variety of table games, in addition to exciting prizes and the thrill of playing itself.

Before you start or at least try out the crypto game, there are a few facts that you might find compelling:

  1. The very first crypto casino appeared in 2012

As Satoshi Dice Casino, it welcomed its first Bitcoin player that year. The first bet was on South Korean K-League football. The bet was less than 0.2 bitcoins, but it was worth less than $24 at the time.

Cloudbet Bitcoin Casino still exists, but it is no longer one of the popular crypto casinos, as others have since emerged. One of the reasons is that the casino refuses to accept cryptos other than Bitcoin as a payment method and this is not suitable for players who own and want to operate with other coins.

  1. A $500 million pizza order later

Bitcoin remained mostly anonymous during its early years from 2009 to 2014. This ambiguity caused its early BTC users to experience many miscalculations and miscalculations. Laszlo Hanyecz decided in 2010 to use Bitcoin to pay for the pizzas he ordered from Papa John’s. Back then, BTC was worth next to nothing. Therefore, his bill was 10,000 bitcoins. The funny thing is, if Hanyecz had made the same deal ten years after him, he would have paid around $500 million for two pizzas. What you need to understand from the story is that you should always pay responsibly, whether it’s food or table games at a crypto casino. If your bills are over a few thousand dollars, ask yourself if long-term inflation will make you the next Laszlo Hanyecz.

  1. Bitcoin casinos offer real tickets as prizes

When playing with virtual currency at Bitcoin casinos, you can withdraw your winnings in virtual currency and/or fiat currency. But this is not the only way to win big money in crypto casinos. In fact, you can win real prizes like tickets to various events. One of these promotions is to give away World Cup ticket packages. A gaming platform organized raffles from June to September where 3 lucky players were drawn to win tickets for the semi-finals and the grand final. Additionally, winners can also bring guests with them to enjoy all the benefits of the World Cup VIP experience. These include a trip on a luxury yacht, a welcome dinner with a Match Ambassador, a business class flight and his five-star accommodation in Qatar.

If you’re interested in even more facts related to this topic, check out gambilineers.com for lots of useful information and compelling facts like the history of live roulette or why the card tables are green.

Carolyn Coley is a blockchain journalist. She joined Smartereum after graduating from UC Berkeley in 2018.