Exploring the world of bitcoin blackjack: What you need to know

  (photo credit: SHUTTERSTOCK)
(photo credit: SHUTTERSTOCK)

Have you ever imagined that there would be a time when we would have digital currencies and use them to play our favorite online games? Although playing online games with digital currencies was not something one would have thought was possible in the past, it is a reality today. The rise of cryptocurrencies, such as Bitcoins, is slowly becoming one of the most common and acceptable modes of payment for playing online card games such as blackjack. This development has transformed the entire world of online gambling and has made withdrawals and deposits straightforward. 

Blackjack, a popular card game invented around 400 years ago, is loved by players around the world for its interesting yet easy-to-understand gameplay. In addition to this, since it is simple and easy to play blackjack with Bitcoin, more and more people are welcoming this advanced mode of payment to play their favorite game. Blackjack is supported by Bitcoins in a winning combination and is one of the major reasons for the rising popularity of the game in recent times. If you want to know more about how Bitcoins are making playing blackjack online easy and accessible, refer to the article below. 

Understanding the Rules of Blackjack

Before we move to how Bitcoins are facilitating easy online transactions for blackjack, let us understand the basic rules involved in the game. Blackjack is a card game that consists of a live dealer, whether you are playing it online or offline, and a maximum of seven players. Moreover, you can use one to eight decks of cards in the game. 

The main goal of the players in blackjack is to collect a card of higher value than the one held by the live dealer, but the value shouldn’t exceed 21. 

The card values of the game are as follows: 

  • Cards from two to ten are taken as their face values
  • The queen, king, and jack cards are taken as ten points each
  • The ace card can be considered as one or eleven

A bet is placed in the beginning. After this, the dealer deals the cards face up on the table from left to right till all the players have two cards each. Now, the dealer takes two cards, one faced up and the other faced down. 

All the participants in the game get a chance to take additional cards based on assumptions on the dealer's hands.  The player who collects a card higher than the one held by the dealer but doesn’t exceed 21 is considered the winner. 

The Role of Cryptocurrency in Blackjack

Traditionally, to place a bet while playing blackjack online, people would use their credit/ debit card or online banking as a mode of transaction. However, this has changed with the introduction of cryptocurrencies such as Bitcoins. But before you place any bets through these digital currencies, it is important to know about the latest developments taking place in the world of bitcoins. Once you have understood the basics, here is how Bitcoins are making placing a bet and winning big through blackjack easier: 

  • There Is an Increased Level of Security:

The traditional method of online transactions through credit cards, debit cards, and online transactions is full of risks. There are possibilities of online banking fraud since these methods require you to share your personal banking information on the Internet. However, this is not the case with cryptocurrencies such as Bitcoins. When you use these digital currencies, you are not required to share your personal information; all you need to do is share your crypto wallet details. This keeps your personal backing information safe, providing you with higher security. 

  • There Are No Geographical Restrictions:

Earlier, most online gambling platforms used to only accept dollars or pounds as a mode of payment. This made it difficult for players around the world to play blackjack due to currency restrictions. But with digital currencies, there are no geographical restrictions. This means that players with a crypto wallet and an internet connection can play blackjack. 

  • Cryptocurrencies Offer Faster Deposits: 

We all know how exhausting it is to wait for banks to deposit your rewards in your account. Fortunately, you can easily tackle this problem with the help of cryptocurrencies. The transactions through cryptocurrencies are rapid due to the utilization of advanced blockchain technology. This means that you don’t have to wait for a long time for money to be deposited. In addition to this, cryptocurrencies also have zero transaction fees, making sure you are not required to pay any heavy bank charges.

Conclusion

Cryptocurrencies such as Bitcoins have completely changed the way online card games such as blackjack are played. These digital currencies offer a higher level of security, zero transaction fees, and greater flexibility, allowing players all across the world to enjoy the interesting gameplay and thrill of blackjack.

This article was written in cooperation with Ethan William