Casino Platform HashBet Ensures Transparency, Fairness & Privacy

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A decentralized, multi-chain casino dapp filled with exciting bets

HashBet is a decentralized online casino that ensures users’ gaming experience is transparent, fair, and private thanks to the use of blockchain technology. It strives to be the best casino dapp by introducing exciting betting games and catering to players with various risk appetites.

Summary

  • Online betting is one of the fastest-growing markets in the entertainment industry, expected to reach $153.6 billion by 2030.
  • Casino dapps, such as HashBet, are revolutionizing the online casino industry by offering transparency, fairness, and privacy.
  • HashBet also stands out by offering a multi-chain and multi-crypto gaming experience.
  • Currently, it is available on Ethereum, Polygon, BNB Smart Chain, and Arbitrum, while it supports ETH, MATIC, and BNB.

An overview of the online casino industry

Betting games date back to the Paleolithic period, before written history. Notably, this ancient form of entertainment now attracts 26% of the population. Thanks to the wide adoption of smartphones and better internet connections, access to online casinos has become easier than ever.

According to Grand View Research, the global online betting market is expected to reach $153.6 billion by 2030, registering a CAGR of 11.7% from 2022 to 2030. However, behind this massive industry are some severe problems that players have criticized for a long time. For example, centralized online betting sites might manipulate game results and remove the evidence. Also, betting operators must appoint a third-party to handle the payment according to local regulations. Unfortunately, these service providers sometimes charge users hidden fees.  

Thanks to blockchain technology, things are improving now. In the following chapters, we will look at how casino dapps outperform their Web2 competitors in terms of transparency and fairness by harnessing the power of blockchain.

Why is a decentralized casino better?  

Blockchain has revolutionized many industries, including online casinos. However, unlike the traditional ones, on-chain casinos are decentralized applications or dapps living on a peer-to-peer network. It means that no one has complete control over it. Moreover, the way a dapp stores information adopts a decentralized manner, making it immutable and free from censorship. 

As a result, casino dapps can tackle some of the drawbacks that widely exist in their Web 2.0 precedents. For instance, rather than operating transactions in a black box, all in-game transactions on casino dapps, including bets, wins, losses, and payouts, are recorded permanently on the blockchain. Anybody can check while nobody can change. 

An excellent example of leveraging blockchain to increase players’ trust and enhance their experience is HashBet.

What is HashBet?

HashBet is a multi-chain casino dapp available on BNB Smart Chain, Ethereum, Polygon, and Arbitrum. It offers leisure-style betting games, such as Coinflip, Two dice, Dice roll, and casino classics like Roulette.

By employing smart contracts to conduct gaming logic and algorithms, nobody can interfere with or manipulate the game result. This can fundamentally solve the trust issue and allow the player to have peace of mind while betting on HashBet.

More than that, to start playing on the platform, users just need to connect their Web3 wallets, such as MetaMask, and then they can bet with ETH, MATIC, or BNB. Moreover, players can enjoy a much lower gas fee if they choose to play on the Arbitrum network. Most importantly, the whole gaming procedure will always keep players’ privacy secured. 

It is also worth mentioning that players with different betting appetites can always find enjoyment on HashBet. Whether the player is a high roller or casual better, a bankroll is available to help them handle their bet size to manage their risk better.

Play and earn with HashBet

For casino players, Return to Player (RTP) rate is crucial. This value indicates the probability that a player can win from his bets. For example, a hundred times of $1 bets with a 90% RTP can expect to win $90 overtime. Therefore, the higher the percentage, the more chance a player can win. Notably, HashBet offers 99% RTP, letting users play to their heart’s content. 

Let’s not forget that HashBet is filled with a social element as well. The HashBet platform is embedded with an affiliate system that allows users to invite new players to join the fun. What’s exciting about this system is that users can still gain passive earnings if they are not frequent gamers. For influencers or community owners, the referral system provides a novel way to monetize their traffic. All they need to do is to share out their personalized referral codes. 

In the future, the HashBet will bring more games, incentives, and play-to-earn mechanics to its platform. On top of everything mentioned, if players encounter any problems, the HashBet is always ready to assist through Telegram, Discord, and Email.

Links: 

Website

Twitter

Telegram

Mirror

Discord

Disclaimer — This is a sponsored article. DappRadar does not endorse any content or product on this page. DappRadar aims to provide accurate information, but readers should always do their own research before taking action. Articles by DappRadar can not be considered as investment advice.

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