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  • How to Bet on Roulette Using Ethereum?

How to Bet on Roulette Using Ethereum?

Steven Schuster 4 min read
2436

Roulette is one of the most popular games in casinos and online gambling platforms. After all, it’s easy to play and has an incredibly high payout rate. Roulette can be played on both land-based and online casinos. However, there are some differences between them that you should know before deciding whether to place bets at brick-and-mortar casinos or online ones. In this article, we will discuss everything you need to know about Ethereum Roulette: how to gamble on ETH roulette? Playing Ethereum Roulette Online vs Offline (Brick and Mortar) Casinos; Should you play online or land-based roulette?

How to Gamble on ETH Roulette?

To place a bet on ETH Roulette, simply send the contract an amount in ETH using its address. The contract will automatically assign you a number based on your crypto deposit and return it to you in ether. If your number matches one of the numbers that is spun by the wheel, then your pot will be increased by however much was wagered.

If you want to know how much money can be won from roulette, here’s an example:

Suppose there are two players playing against each other $100 worth of eth on their bets made with a house edge of 3% (so they lose 1% every time they play). Then their total accumulated losses would be equal to $2 per game played ($100 x 2 = 200 x 0.03 = 6 dollars lost). This means that if both players keep playing at least 200 times per day for 5 years straight without stopping once then they might earn back some profits from their losses but not all because there will always be some fees taken out as well as what was lost due to fluctuations in value over time etc…

Ethereum Roulette Bets

When you are ready to place a bet on some Ethereum roulette sites, simply click on the table and drag your mouse from left to right until you get to the amount of your choice.

● Number – place a bet on any number that has not yet come up for that round (1-36).

● Red/Black – place a bet on whether the next ball will be red or black.

● Even/Odd – place a bet on whether the next ball will be an even or odd number.

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When you have placed your wager, click “place” (or press Enter) and wait for it to be processed by Ethereum Roulette! If you win, congratulations! You will receive 10 ETH if playing with 10 ETH; otherwise you will receive 0 ETH from Ethereum Roulette automatically after winning in order so that both players can continue playing as usual without interruption by other players waiting for their bets to finish processing before being able to play again themselves–therefore there are no refunds given out when playing at this casino because everyone gets paid according regardless of whether they win or lose; however if someone does not want their money then they must request it back before midnight UTC each day so that we can process their request manually instead of automatically refunding them through our automated system which may cause delays since only one person is working overtime every night between 11pm-8am UTC while everyone else sleeps during those times unless something goes wrong where then multiple people might need help fixing it etc…

Playing Ethereum Roulette Online vs. Offline (Brick and Mortar) Casinos

You might be wondering, “Why would someone play roulette at an online casino?” Well, there are several reasons:

● Convenience. Online casinos are more convenient than brick and mortar casinos because you don’t have to get in your car and drive anywhere. You can play roulette online from wherever you want, as long as you have an internet connection.

● Variety of games. Online casinos offer a wider variety of games than traditional gambling establishments do, so if one game doesn’t interest you, there’s probably another that does—and if not, then there’s still plenty else to choose from!

● Lower house edge/better odds overall. Most brick-and-mortar casinos charge high fees for everything from betting on the game itself to using their currency (for example: chips). In addition to that fee structure being extremely inconvenient for customers who might only want small amounts at once (which isn’t uncommon these days), it also means less money left over for those who win big prizes! This isn’t true with Ethereum platforms because they have no such fees: every player wins exactly what they put into the pot during each round; nothing is withheld by anyone except yourself if/when needed.”

The Only Thing you Should Know is How to Place The Bets and How to Win Them

The only thing you should know is how to place the bets and how to win them. The rest, including how exactly Ethereum works or what a smart contract is, can be learned as you go along.

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Let’s start with the basics: betting on roulette. There are many different ways of doing this. You can choose from live dealers and virtual ones; both have their advantages and disadvantages that we’ll discuss later in this article. For now, let us focus on one type of game: online roulette with live dealer support!

Conclusion

If you want to play roulette online, you can use this guide. If you prefer to play at a land-based casino, then choose an appropriate one and enjoy your game.

About Author

Steven Schuster

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