There is a new craze in town for the crypto-centric gambling community, with the sudden rise of Ethereum Crash Games gambling. The game – which sees players hold their nerve for as long as possible before the round comes to a stop, is now available at a plethora of Ethereum gambling sites such as Stake Casino.
But what exactly is Ethereum Crash and why has it become so popular in such a small amount of time? Well, if you’re looking for a comprehensive breakdown, you’ve certainly come to the right place. Within our ultimate guide to Ethereum Crash gambling, we will explain how the game works, how much you can win, whether it’s safe, and what you need to do to get started TODAY!
What is Ethereum Crash?
In its most basic form, Ethereum Crash is an online gambling game that is now available to play at a plethora of crypto-centric casinos. The interface of the game is centred on a conventional graph, with the line – or multiplier, increasing in increments on almost a second-by-second basis. For example, the graph might start at 1x, move to 1.5x 10 seconds later, 2x 20 seconds later, and so on.
As the multiplier increases in height, as does the amount of money that you can cashout. For example, if you staked the ETH-equivalent of $10, and the multiplier increases to 4x, then you can cashout $40. Sounds easy, right? Think again! As the name suggests, the game will at some point experience the all-important ‘Crash’.
By this, we mean that once the Crash does come into play, all players that are yet to cashout will lose their stake in its entirety. With that being said, the game is effectively built on greed. In other words, the longer you stay in the game – and thus, the more your potential winnings increase in size, you stand the ever-growing risk of Crashing out with nothing.
Let’s take a look at a quick example to make sure we understand how the game actually works.
- Player 1 and Player 2 both bet $100 on the next Ethereum Crash game.
- After a period of 30 seconds, the multiplier has grown to 3x.
- Player 1 is a conservative punter, so he decides to cash out his 3x margin, which nets him $300. By cashing out, he is no longer in the game.
- However, Player 2 is less risk-averse, so she decides to stay in the game. With the multiplier now at 7x, Player 2 sets a cashout target of 9x.
- Unfortunately for Player 2, the game comes to an end at 8x, meaning that she Crashed out with nothing!
As you can see from the above example, Ethereum Crash is able to facilitate multiple players in the same game. All of the players in the game are accustomed to the same graph, which makes it a really innovative multiplier gambling game. This also means that you get to see how other players are operating, such as who cashes out and when.
How to play Ethereum Crash Games
First and foremost, you will initially need to choose an online gambling platform that supports Ethereum Crash Games. The likes of Stake Casino are now one of the most popular operators in this respect, although other Ethereum casinos also offer the game.
Once you’re all set up at your respective Ethereum casino with a fully funded account, you will then need to set-up your betting parameters. In Layman terms, you need to determine how much you actually want to stake on the next Ethereum Crash game.
One of the most attractive metrics about a fixed-odds game like Ethereum Crash is that players get to create their own betting levels. This makes it ideal for players of all shapes and sizes – irrespective of budget.
For example, let’s say that you want to start small, subsequently opting to play at the ETH-equivalent of $10 per game. Once you have placed your $10 bet, you will then need to wait for the next round to start. Once it does, you will then need to have your finger on the ‘Cashout’ button, as the game moves at an extremely fast pace!
As we noted above, you will see the game’s graph interface increase as time goes by, with each movement subsequently increasing the size of the multiplier. Don’t forget, the game can Crash at any point in time, so it’s always a good idea to have a target in mind.
If you are fortunate enough to make a cashout before the game ends, the funds will be added to your casino balance automatically.
It is also important to note that online casinos such as Stake make the end-to-end gambling process super easy. For example, if you were happy to keep your stakes at $10 per game, you could simply press the ‘Repeat Bet’ button once the previous game has concluded. This prevents you from having to manually enter the stake every time a new game starts.
Furthermore, we are also big fans of the ‘Automatic Cashout’ feature. In a nutshell, this is ideal for players that like to take a disciplined approach to Ethereum Crash, insofar that it allows you to set an automatic cashout point. For example, let’s say that you are playing at $5 per game, and you have a target exit point of $15 per game.
By using the automatic cashout feature, you could set the exit point to 3x. This means that as soon as the respective Ethereum Crash game hits 3x, you will automatically exit the game without needing to manually cashout.
Are crash games safe?
One of the most important metrics to consider when playing a new online gambling phenomenon is that of fairness. In fact, regardless of what gambling game you are playing at an Ethereum casino, safety, security, and legitimacy should be firmly assessed prior to depositing any funds.
If you are a seasoned gambler in the crypto-centric casino space, then you will be pleased to know that Ethereum Crash Games are 100% backed by Provably Fair. As a result, you can rest assured that the game is guaranteed for its fairness, and free from the threats of internal manipulation.
For those of you that aren’t quite familiar with the Provably Fair process, here’s a quick breakdown.
What is Provably Fair?
Provably Fair is an innovative piece of technology that allows gaming outcomes to be generated by a cryptographic algorithm. As the underlying technology creates a random number, this effectively determines how the casino game will pan out. The technology was first launched back in 2013 alongside the now-defunct SatoshiDice game. While the aforementioned dice platform is no longer here to tell its story, the Provably Fair protocol now backs thousands of casino games in the Ethereum gambling arena.
So how does Provably Fair actually work? Well, the technology will initially take a seed from the casino platform, before taking a seed from the player, or group of players. Once the seeds have been collected, the Provably Fair protocol will then hash them together to create a random number. This random number is then used to determine the outcome of the game.
Provably Fair in Crash Games
In the case of Ethereum Crash, the random number that is generated via the Provably Fair protocol will determine when the game ends. For example, if the outcome of the Provably Fair hash determines that the game will end at 6x, this is the point that players will Crash out.
The overarching benefit of Provably Fair is that the outcome cannot be pre-defined by either the player or casino, nor can it be amended. As a result, players know that the outcome of the game is 100% true and fair.
Moreover – and much like in the case of the underlying Ethereum blockchain, the Provably Fair dataset is publically available for scrutiny, subsequently allowing players to evaluate the legitimacy of the game in question.
Ethereum Crash Games: What you need to know
If you’ve read our ultimate guide to Ethereum Crash up to this point, then you should now have a really good understanding of how the game works and how the Provably Fair protocol ensures that each and every outcome is fair. Before we conclude our guide, we thought that it would be useful to leave you with some handy tips on what you should and shouldn’t do when playing Ethereum Crash.
Tip 1: Avoid the ‘Martingale System’
You would be surprised by how many players in the crypto-centric casino space still swear by the Martingale System. For those unaware, the system sees players double their losing bets until a winning bet is achieved. For example, if the player starts with $2 and the bet loses, they would then proceed to bet $4, $8, $16, $32 (and so on) until the player wins.
However, the system is completely flawed, as an inevitable losing streak will very quickly see you betting amounts that you can no longer afford to meet. As such, avoid the Martingale System at all costs when playing Ethereum Crash.
Tip 2: Always set an automatic cashout
If you are planning to keep your Ethereum Crash betting endeavours viable long-term, then we would suggest utilizing the automatic cashout feature at all times. This will allow you to engage in a controlled period of gameplay, rather than relying solely on judgement. Failure to implement a sensible cashout strategy will ultimately result in you chasing that big win, as opposed to protecting your long-term bankroll levels.
While there is no hard and fast rule as to what cashout figure you should aim for, you should at the very least make it a risk-averse number. For example, some players will set a cashout amount of just 1.5x, meaning that each subsequent win results in a 50% profit margin.
Tip 3: Gamble responsibly
As a final note, it is crucial to remember that Ethereum Crash games move at an incredibly fast pace. Depending on the outcome of the respective round, games can last for just a few seconds, meaning that you will be able to win or lose money at a rapid speed. With that being said, you should ensure that you always engage in responsible gambling.
While it is true that the amount that you decide to stake will depend on your financial profile, you should avoid betting more than 1% of your overall bankroll on a single game. That way, your available balance will span a minimum of 100 games, subsequently allowing you to ride out a potential losing streak.