MegaDice Casino Review – Is It Worth It?
As a bitcoin dice gambling site, MegaDice began life as a bitcoin dice gambling site, but it has now evolved into a complete bitcoin casino. MegaDice, formerly known as SatoshiDice, is a cryptocurrency exchange that solely trades in the online cryptocurrency bitcoin. Compared to the great majority of online casinos, this one has a gloomy, austere aesthetic and seems more like a currency trading website. It is fair to assume that MegaDice will not be taking the place of your grandmother’s favorite bingo site any time in the near future.
The majority of the top page is devoted to showcasing the most recent dice rolls, which allows visitors to observe a diverse range of competing players as well as whether they are winning or losing. This page may be toggled to display a variety of different bet types, ranging from players who wager less than 0.01 BTC to those who wager up to a total of 1 BTC at a single time. Various more tabs allow for an investigation of huge victories, unusual wins, winning streaks, losing streaks, and the leader board, among other things.
About MegaDice MegaDice was formerly known as SatoshiDice, which was the moniker under which the firm started trading in 2012. The casino was named after the satoshi, which is the smallest unit of bitcoin and has a value of 0.00000001 bitcoins. The site’s premise was simple enough that bitcoin users could place bets on the roll of a dice, with winners and losers being determined nearly instantly. Because this dice roll was based on a random number generator that was accessible to all users, the site could be shown to be completely fair. After becoming a tremendous success, Erik Voorhees decided to sell the site, which he did in June 2013 for $12.4 million US dollars. However, MegaDice is not accessible in the United States owing to gaming regulations.
What it Is and How it Works
Betting on MegaDice is based on a few sliders that govern how much money is bet on each roll of the dice and on which numbers of the dice roll the punter is placing his or her bets. Numbers 0 to 65,535 are the range of possible outcomes when rolling the dice, or, to put it another way, the dice has a total of 65,535 sides. Here are some real-world examples of how this works in practice.
One bitcoin (BTC) bet on the dice rolling a number less than 32,768 offers the punter a 50 percent chance of winning, with an additional win multiplier of 1.982x. This results in a return of 1.982 bitcoins.
If you bet one bitcoin on the dice rolling fewer than 6,552, you have a ten percent chance of winning with a 9.91242x win multiplier. This generates a return of 9.91242002 BTC.
In the case of betting 1 bitcoin on a roll of fewer than 58,981, the odds of winning are 89.99 percent, and the win multiplier is 1.10114x, yielding a return of 1.10113725 bitcoins.
With MegaDice, it is also possible to automate the dice rolls as well as the circumstances under which bets are put. Depending on whether your last roll was successful or unsuccessful, you may even have the game automatically reset your betting amounts, which can be done completely automatically as well. There are several tactics for how to effectively walk away with a winner, and there is a wealth of information available on the internet regarding how to do so.
MegaDice Cashouts are available.
Because MegaDice is built around the notion of bitcoin gambling, it is a bitcoin-only platform that does not accept any other currencies or payments that are made using standard payment methods. It is fair to declare that your Visa, Mastercard, and PayPal services are completely ineffective at MegaDice Casino. Fortunately, since this is bitcoin, your payments and withdrawals will be lightning fast, sometimes taking just a few seconds, but at the very least, you should have your wins in your bitcoin wallet within 20 minutes of the transaction.
If you don’t already have any bitcoin, you can always purchase more, but the first step is to set up a bitcoin wallet on your computer or mobile device. Bitcoin accounts are similar to bank accounts in that they allow you to store money. Coinbase and Electrum are two of the most popular cryptocurrency exchanges, but there are a plethora of other alternatives accessible. Important to note is that a software-based wallet is more safe than a hardware-based wallet, thus if securing your money is a top priority, it is probably best to use a software-based wallet.
There are also online slots.
Despite the fact that the majority of the betting on MegaDice is in the form of bitcoin dice bets, there is also the possibility to participate in a variety of online slots and games. Mayana and FairyGate are among the new games available on MegaDice, with more titles such as Sticky Bandits, Dragon Shrine, and Hot Sync also available. The most of the titles, if not all of them, seem to have been given by the developer Quickspin. Apart from that, MegaDice also has some fully unique and exclusive slots, such as Satoshislot, which is the first bitcoin slot machine.