We can say that slots are quite fast-paced compared to table games, but lotteries are even faster, while their mechanics are simpler. Since blockchain technology has been added to online gambling, these games are now also available for BTC, USDT, and alternative currencies. Moreover, there are even separate Play to Earn (P2E) crypto platforms where you purchase tickets for cryptocurrency. So here’s our lottery crypto guide to tell more about this trend!
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Actually, a crypto lottery can be any attraction based on RNG mechanics and the system where you purchase a ticket (or place a bet) and wait for the outcome. In the form of online casino games, these can be keno, bingo, scratch cards, and more unusual crypto-friendly games like Plinko, Miners, and Hi-Lo, which are also known as instants. And when you access a separate lottery crypto platform, it can have a simple interface where you just deposit, select the number of tickets to buy for the accepted cryptocurrency, and wait for the random outcomes to find out whether you win.
When we are talking about lottery crypto games at traditional casinos, these can be varied RNG-based games like bingo or scratch cards. You sign up for a standard casino, deposit, open games from the catalog, and play them for the cryptocurrency you prefer. As simple as that. However, crypto lottery sites which are designed particularly for this purpose have somewhat different mechanics, and these lotteries can be divided into 2 main types:
This approach may lack the social element, but such lottery draws are faster and more straightforward, so users coming for results rather than attractions will appreciate it. The winning ticket is randomly drawn from the pool, and it determines the winner for the current event.
If you are into attractions and atmospheric elements, check whether your crypto lottery games site offers a Spinning Balls mechanic. This way, you watch the gameplay and are involved to the maximum when the winner is announced. The drawn ball also displays the ticket number which wins.
Thanks to straightforward mechanics and their wide accessibility, crypto lottery sites won’t be complicated to understand even for newbies, though players who are far from the blockchain industry should first explore this market in detail. Besides, you need to have a crypto wallet and funds on it. If not, open the wallet and purchase cryptos on independent third-party platforms like Binance. Once it’s done, follow the steps over here:
Choose a trusted website
Explore our rating and choose the best crypto lottery site in terms of its payout time, interface, software selection, and other aspects.
Open an account on the site
In most cases, the registration process is simple, so you just fill in the sign up form by adding contact and personal details (though some sites may omit the latter).
Transfer funds to the account
To place bets on online lottery crypto games, you should deposit a corresponding cryptocurrency first. It can be BTC, LTC, ETH, or any other crypto.
Join a lottery game trying to win
Depending on the site mechanics, you can purchase a crypto lottery ticket or open a common RNG-powered lottery game and wait for the outcome.
Conveniently, crypto lottery sites aren’t tied to a particular cryptocurrency, so this range can be very wide, depending on what players need and what conditions the site has. We can’t say that we know the best lottery crypto option since they vary and have both pros and cons. However, BTC, LTC, and ETH are considered the best options players will appreciate for their transparency and good conditions for users:
Bitcoin | Buying a cryptocurrency lottery ticket for BTC is a good idea since this crypto has been around for over a decade and is widely accepted on all sites. Just consider that it’s very volatile, which can be both a strong and a weak side. |
Litecoin | LTC is one of the earliest altcoins established in 2011. To create it, the Bitcoin database was slightly modified so that the processing time is faster, while the fees are lower. |
Ethereum | To get the best crypto lottery experience, don’t pass by ETH, which is second to BTC when it comes to market capitalisation. It’s a proof-of-stake system widely accepted in the iGaming sector. |
Operators and providers save your time and create mobile-focused crypto lottery products. If you want to use iOS or Android devices for your experiences, simply sign up via the browser of your smartphone or tablet. Moreover, if you’ve got an account created on a desktop, it’s enough to type in the sign in details and enter the account on a portable device. In some cases, you can install an app from the site where you play, but even when it’s absent, the best crypto lottery sites make the software responsive on any gadget to let gamblers purchase tickets, make crypto transfers, and do all the other things on the go.
By selecting the best crypto lottery site, you mitigate the risks associated with the data leak, slow withdrawals, or other fraudulent activities. Yes, gambling is still risky in all its forms, so you should play responsibly, but don’t take extra risks by ignoring the essential qualities revealing provably fair crypto sites. Here are the factors to consider when choosing a fair lottery crypto site:
Selection of cryptos
Most users know Bitcoin as the most common cryptocurrency, but the site should always give players a choice, so the availability of LTC, ETH, USDT, XRP, and other cryptos is a good sign.
Game Variety
The more real money or free crypto lottery games you find, the more opportunities for having fun. When it’s a regular casino, instants like Hi-Lo and Plinko look good, while separate platforms should feature both lottery tickets and other variations.
Reputation
Considering the operator’s reputation on the gambling market is always important since it can show whether the site pays out fast, has flawless RNG, and doesn’t have complaints from players.
Payments
When your crypto lottery round brings you a win, it’s time to deal with payments. When you deposit, it’s usually faster and simpler, while the aspects to consider regarding withdrawals include the payout time, limits, and deposit turnover.
Bonuses & Loyalty Rewards
Cryptocurrency bonuses are now very popular since operators are trying to develop this trend, and gamblers are welcome to receive corresponding bonuses. But it’s important for these offers to have light playthrough requirements (wager).
Dealing with cryptocurrencies is a good way to make gambling more accessible and less controlled by third parties when it comes to KYC procedures. And crypto lottery is a good addition to these perks since you access simple games yet get an opportunity to increase your balance of BTC, LTC, ETH, or any other cryptocurrency you use for betting. Whether you pick online casinos dealing with cryptos and offering lotteries or opt for separate crypto lottery sites which serve as Play to Earn (P2E), pay attention to reliable platforms we recommend after testing each and enjoy the new iGaming & crypto tendencies!
Dealing with cryptos is already a bit about gambling, especially when we pick high-volatile currencies. But an opportunity to place crypto bets in such easy games and instantly withdraw wins is really something, so I appreciate crypto lotteries and believe that the fans of instant win products will enjoy them as much as I do.