• New Bitcoin-Based Gambling Site Chopcoin Opens

    11 September 2015

    Newbitcoincasino

    When bitcoin exploded in popularity over the past 18 months, it created a situation where a lot of people thought it would be perfect for online gambling transactions. The crypto-currency is particularly anonymous, though sometimes to the point of fault for some users, and it seemed perfect for many people who wanted security and safety with their online gambling transactions. Some German developers have created a new service called Chopcoin that allows players to gamble in an arcade-style game setting using this currency.

    Various Stakes and Game Rooms

    There are four basic game rooms for playing Chopcoin. The stakes are based on the room you're in. A free play room is available for players who want to play for fun and get used to the game. There's also a 0.0001 btc room that has entries worth about $0.02 at the time of this writing. The main room has buy-ins of 0.005 btc (about $1.20), and the high roller games come in at 0.01 btc ($2.40). While the stakes aren't particularly high at this point, they could increase as the concept proves viable and players are willing to put up more money per game.

    How the Game Works

    The game concept itself is probably familiar to a lot of players. You start off in a two-dimensional area as an orb. You can absorb/eat other orbs as long as they are smaller. This gives you an advantage in being larger, but it also comes with a price because you become slower and less agile. The larger you get, the more strategic options you have with the ability to split into multiple, smaller orbs and being able to use other types of abilities that "cost" some of your size. The largest orb at the end of the game, usually ten minutes in length, is the winner.

    Implications for Other Types of Online Gambling

    If the Chopcoin concept works out with it's core game, then we could see more games added in the future. One of the potential problems with this approach is that it keeps the account balances in bicoin, an issue that has sometimes led to a ton of volatility for the bankrolls of the players that rivals the actually gambling that's going on.

    Related News

    • Games global is ringing with innovative and fresh titles in june

      New Online Slots

      Games Global Ringing with Innovative and Fresh Titles in JuneIvan Stefanovic23 June 2022

      Games Global is excited to announce its exclusive June releases, bringing innovative and fresh new content to its platform. With a wide range of innovative titles, there will be something for everyone to enjoy. And with the summer months upon us, there's no better time to enjoy some quality casino content! Blackjack and Online Slots On June 2nd, Stakelogic's Dynamite Strike was released which was followed up with Switch Studios' innovative ReDeal Blackjack.

      Read full article
    • Hot fruits are stacked on the reels with hoollische sieben deluxe

      New Online Slots

      Hot Fruits Are Stacked on The Reels with Höllische Sieben DeluxeIvan Stefanovic02 June 2022

      Hölle Games, a German slot provider, has launched Höllische Sieben Deluxe, a sequel to Höllische Sieben. The paytable is constructed of symbols ranging from cherries to lemons, oranges to plums, grapes to watermelon and chili peppers. There are some additional bonuses available, in addition to the traditional symbols. The wild can substitute for any other symbol except for the scatter, while the scatter can trigger the extra spins round.

      Read full article
    • Pariplay agreed with white hat gaming

      Gambling News

      Pariplay Agrees Deal with White Hat GamingIvan Stefanovic31 May 2022

      Pariplay Ltd is excited to announce that it has closed a deal with White Hat Gaming, a leading provider of iGaming solutions whose platform supports numerous operators. This new distribution deal means that Pariplay's content will be available on its partner’s platform. The content that will be available includes titles from Wizard Games and aggregated content from many vendors.

      Read full article