A Complete Guide to Crypto Dice

A crypto dice game is the blockchain alternative to the classic dice game in brick-and-mortar and online casinos. Just like in them, you choose a number (usually from 0 to 100) and bet on whether the dice rolled by the casino will land higher or lower than that. But this is where the similarities end.

In a crypto dice game, the first thing that throws players off is the fact that there are no dice you can see—physical or on the screen. Instead, the outcome is generated by a cryptographic algorithm, which players can also use to verify each result, making this type of game provably fair. 

Despite not having dice, the name still pertains simply because of the gaming style. Dice has existed for centuries, evolving to adapt to the new changes and needs. With blockchain entering the picture, dice only took a step forward, allowing players to use digital coins instead of fiat currency to enjoy this game. 

That way, you don’t need to wait for your bank or e-wallet operator to verify the transaction—just transfer and play!

Before we give you an example of how to play dice game at crypto casinos, let’s go over the few terms you need to know. Here’s a short list of the most important ones:

• Over/Under Bets: The bet you place on your number, A.K.A., your hunch that the end result will be above or below the number you’ve chosen.

• Multipliers: The amount your bet will increase if your choice is right, for example, 2x.

• Win Probability: The percentage of your chances of winning the round. As the win probability changes, so does the reward. If the percentage is higher, you’re more likely to win, but you’ll get a low return.
• House Edge: The advantage the casino has over you. In crypto dice games, this is usually between 1% and 2%. It’s the way the platform ensures long-term profit.

Crypto dice is really simple—pick a number, choose whether you want to bet over or under, and click Bet. Remember, as we said, there are no dice here. You will only see the numbers rolling on the screen, similar to the rows in a slot machine, ending with the outcome. 

Generally, you get to choose between 0 and 100. The over and under options mean that you choose whether the number you get when the dice roll will be above or below your choice. For example, let’s say you pick 30 and then choose under. This means you expect the algorithm to roll any number below 30, i.e., anything from 1 to 29. If the dice land on any of those numbers, you win and get the amount you bet. But if the dice roll 31 and above, you lose. Simple as that!

When you choose the numbers, you can also see the probability of winning. Changing the number will also change the probability. But even changing the over/under option can change your chances of winning. Of course, higher chances of winning give smaller payouts and vice versa. So, in our example above, choosing under 30 means lower chances but higher returns.

Another thing every player should know when playing crypto dice is the chance to validate the game’s outcome. Usually, dice crypto games will have a Fairness or Settings button where you can check the user seed and compare it to the server seed. In simple words, you can verify that the game is truly fair.

Note: Some demo options can also offer a try between 0 and 10,000. However, know that this is not a common practice in crypto casinos when playing dice for real money.

Can You Calculate How Much You Can Win in a Crypto Dice Game?

There is a way you can use to calculate your winnings in a crypto dice game. For that, you need two formulas: win probability and payout. 

For the first one, you need to know the house edge. The formula, if you’re betting under, looks like this:

Win Probability (%) = Target Number – House Edge 

If you’re betting over, the formula changes to this:

Win Probability (%) = 100 – Target Number – House Edge

For the second one, you need to know your win probability rate. The formula is:

Payout = 99 / Win Probability

(the 99 is placed with account to the 1% of the house edge)

Let’s make an example to explain it more easily. Say you bet under 70 with the common house edge of 1%. Calculating the win probability will give you a result of 69%. Adding the payout of 1.43x (after calculations), you can expect to win 1.43 BTC for every 1 BTC you bet.

Note: Crypto dice platforms have a preset multiplier and win probability amounts, so you’ll easily know how much you can win, i.e., there’s no need to calculate it yourself. However, this formula exists for those who want to double-check their winnings and understand the system.

Playing in a crypto dice casino is exciting, but you should approach it with some sort of plan to get the best results. That’s why our team also made a list of 4 strategies every player can use when rolling the dice:

• Paroli strategy: This dice strategy is mainly used by experienced bettors. It entails doubling every win until you get three wins in a row. 

• D’Alembert strategy: According to this strategy, you have to increase your bet when you lose and decrease it when you win. How much you increase or decrease should be predetermined and used consistently.

• Martingale strategy: With this strategy, you double every losing bet but reduce every winning bet by half. The goal is to potentially recover from losses, but the strategy is usually advised for long-time players.
• Reverse Martingale: The opposite of the strategy above, this one asks you to double every win and cut every loss in half. It basically works on the mentality of “upholding the streak”.

How did dice gambling games become so popular? It’s all thanks to the advantages this game gives players. Below, we’ll share a bit about the most important ones.

Provably Fair Games

Since they’re crypto-specific games, crypto-dice games offer a method of validating every round that online dice games can’t. How? Well, every dice game contains 3 things: a client seed, a server seed, and a nonce. 

The server seed is provided by the casino in a hashed form before the game, and it can’t be changed by either side. The client seed is provided by the browser you’re using or can be automatically added. Finally, the nonce is a number that increases by 1 for every turn. 

Using all three of these in their hexadecimal form, players can calculate the outcome of the game and see whether they were cheated.

Low House Edge

Crypto dice games are known to have a lower house edge compared to other games. Usually, this amounts to 1% or 2%, giving players better chances at winning in the long run.

Customization

When playing dice in crypto casinos, you can not only choose your bet and hand, but you also get to see and adjust the winning probability and multiplier. Most operators will give you the chance to choose how much you want to increase your bet by, as well as show the percentage of probability of winning the round.

We value transparency, which is why we also made a list of the several disadvantages players may face when playing dice. Here’s what our team found:

• Dull gaming: For some, the fact that crypto dice is not a game with dice may feel boring, lacking the exciting element of watching the dice spin with each roll.

• Autobet can bring losses: Many dice crypto titles have an autobet feature, and some gamers use it often. Our team doesn’t always like it, as leaning too much on it may burn through your bankroll.
• Overconfidence: Since these are provably fair games, many players jump in, thinking there’s a sure win in them. But remember: the house still has the upper hand. Crypto dice games are just like all other gambling games.

There are plenty of dice casino options out there, each offering players the chance to gamble with their digital coin of choice. But to make it even easier for you, here’s what we’ve seen are the most popular cryptocurrencies used to play dice games:

• Bitcoin
• Ethereum
• Dogecoin
• Litecoin
• Tether
• Solana

To wrap up our crypto dice guide, we’ve decided to give you a few tips. Here’s what our team has found useful when testing out different dice games on crypto platforms:

• Always have a limit: We can all lose ourselves when playing, so setting a limit on your funds can help in the long run.

• Consider a dice strategy: Read through our suggestions above and consider using a strategy to maximize your winnings. Stick to one option for a while and only opt for another if that one really fails.
• Know the basics: Before you start playing, know what each of the terms means and how the game works. Use everything in our guide here to help you understand it better.