Myths about crypto gambling games

Jeffrey Hancock
4 min readAug 2, 2019

Gambling, like any other activity, has its prejudices and myths. In this article, we will sort out which of them are false, and how to increase real chances of winning.

Myth 1: There is a “lucky” time in crypto gambling

So, the most popular myth about how to beat a casino system is the use of so-called happy hours. According to prejudice, the probability of winning in slots increases in the early morning and non-working days (holidays and weekends).

Nevertheless, this delusion has nothing to do with reality. If you play in online casinos or slots, then your chances of winning will always be very negative. A random number generator controls these gambling systems. It means that the owner of the playground can independently adjust the chances for a player to win so that he/she rarely wins and often loses.

So, in order not to put up with this circumstance, you should avoid gambling platforms with RNG or randomizers. For example, in the Ethex crypto lottery, there are no such elements. In the role of RNG are ETH miners, who generate a hash. It is an independent process and genuinely random. So the players need to guess exactly these symbols from the hash to win.

Myth 2: The same gambling website can not give several jackpots in a row

Jackpots are magnets in the field of gambling games. Nevertheless, many gamblers believe that it is impossible to win them at once several times in a row. It is a delusion in those cases where the playground leaves its players fair chances of winning. A true random number generator can award both two and three jackpots in a row. However, until recently, it was not possible to identify unreliable playgrounds.

For example, Ethereum lottery Ethex works on the blockchain; the code of the game is open source. So because of it, you can see who and when won all the jackpots on the website.

Ethex allows a player to become a member of five jackpots at a time. At the same time, the structure of the crypto lottery, which is based on smart contracts, will not allow developers not to pay you the jackpot. Winnings are automatically paid out, neither the player nor the developers can affect this.

Myth 3: Distribution of personal data

There is a prejudice among gamblers that gambling websites spread the personal data of players. It does not happen very often. Most of these platforms invest very much in the securing of user data. However, thefts of players’ personal information for selling also occur.

To avoid it, you can play games such as the Ethex.bet ETH lottery. It is based on the blockchain, and in turn, it does not require users to provide user data. All operations are carried out through a third-party crypto wallet, which you can choose yourself. As a result, the chances of disclosing of your identity is reduced to zero.

Myth 4: Players of new crypto gambling website is more “lucky”

This myth is not true. The fact is that new players for gambling platforms are the most significant part of all players. Therefore, such a mistake are popular among gamblers.

Also, novice players often receive various bonuses from gambling websites in the form of, for example, free spins, a chance to participate in a tournament, etc.

So, do not rush to choose a new platform to play even if you are offered a tempting bonus program. First, you need to check the legality of the software on which you will play.

Also, the stability of the data registry indicates the reliability of the casino or lottery. For example, the usual online casinos in the case of action by lawmakers can lose all the system mechanics at once. In the case of the Ethex crypto lotto, it is not possible, since the digital project registry is distributed among multiple servers. If one node fails, it will be replaced by similar digital databases. They are in different parts of the world.

Considering all the above, select the games carefully and pay more attention to security and privacy features. So if you want to play the provably fair and transparent lottery now, then we are waiting for you at Ethex.bet.

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Jeffrey Hancock

Blockchain enthusiast developer and writer. I love video games, blockchain and the hot symbiosis of these two worlds.