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Photo by André François McKenzie on Unsplash
Online gamblers have a wide selection of markets and games to choose from, including sports betting, racing, and casino games. The idea of introducing new games to this already lucrative market might sound appealing, but many fail to get off the ground.
One relatively new game that has found an audience is crash gambling. Since these games were first introduced in 2015, this low-risk gambling option has enjoyed popularity due to its links to cryptocurrency. The games are easy to play and provide a quick and exciting gambling experience for players.
What is Crash Gambling?
Crash gambling is when players bet on a multiplying curve. The longer a player stays active, the more they can win, and they are free to cash out at any time. If the game crashes before they have cashed out, they lose.
The game has grown in popularity since 2021 and is typically found in crypto casinos. It is similar to cryptocurrency or stock markets where people invest and try to cash out before the market crashes.
Games are marketed in different ways and have various themes, primarily including games about space (like Spaceman) and airplanes (like Aviator, one of the first crash games which remains hugely popular to this day). These games are available from a variety of operators, so you’re sure to find one that suits you.
Crash Games Explained
The simplicity of crash games means that people can understand how they work quickly. As with any form of gambling, it is advised to get a good understanding before placing a wager. That is why we have created this guide to take you through everything you need to know about crash gambling.
Currencies
Crash games started life as a way for crypto enthusiasts to bet using their cryptocurrencies. Because of this, most crash game sites will accept the most popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash.
Some crash sites will also accept traditional currencies, including US Dollars, Euros, and British Pound Sterling. This may depend on the location of the operator.
Crash gambling operators don't typically have minimum bet requirements. This can help new players get used to the game mechanics while mitigating their risk.
Multiplier
The multiplier of a crash game dictates how much can be won by the player. The multiplier will always start at 0.0x at the start of each round. As the multiplier goes up, so do the players' winnings: as long as they cash out before the crash.
Auto Betting
Auto betting is an option that some game sites provide and allows players to automate their betting based on their preferences. This can allow players to program how many rounds they want to play, the amounts they want to gamble, and whether to cash out at certain limits.
Auto-betting can be a good way to ensure you stick to how much you are willing to bet and minimize the risk of holding on for too long in each round.
Odds and Returns
The crash game operator will have odds that slightly favor them and most have an edge of between 1% and 3%. This means that for every $1 spent, the casino would keep between $0.01 and $0.03. These odds provide an RTP (return to player) of 97% to 99%, which is quite favorable compared to slots, for example.
A randomized algorithm generates the multiplier when the game crashes and the game is played in rounds. If you are using the autobet system, you can specify how many rounds you want to play.
While most crash games won't have a minimum stake, they will have an upper limit on how much can be won per round.
How to Play Crash Games
Crash games typically have the same processes. There may be some slight variations in gameplay or themes, but the general premise remains the same.
Before each round, the player will decide on their stake. As the round starts, the indicator on the graph will begin to climb and illustrate the multiplier.
The player can wait however long they want before cashing out. The longer they wait, the higher the multiplier will go. However, the chance of the game crashing will also increase.
The game ends after the crash and those that have cashed out will have winnings determined by the stage of the multiplier at the point of cashing out. For example, if you bet $1 and cashed out at 4.2x, you’d win $4.20. Those that fail to cash out before the game crashes lose their stake. After the game ends, a countdown will begin for the next round.
Crash Game Strategies
While there is an element of chance to crash games, some people still employ strategies that help them to remain focused and not get caught up in the game.
Auto Cash Out
The auto cash out option removes the human element from the game and ensures you cash out at a pre-determined point. This doesn’t mean you’ll always win, as the game can ‘crash’ before your set limit. However, it does stop you from taking a further gamble when the game goes past this point.
Martingale Strategy
The Martingale strategy sees players double losing bets until they win before returning to their original stake. This will help the player recoup losses but can be risky the higher the stake gets. You’ll need a significant bankroll to ride out any losing streaks if you use this strategy, but it’s quite popular among other casino games too.
Fibonacci Strategy
The Fibonacci Strategy is similar to the Martingale Strategy but instead of doubling your stake, you multiply it by the previous two numbers. The following sequence of 0, 1, 1, 2, 3, 5, 8, 13, 21 illustrates this.
When you win, you should move back two places on the sequence.
Crash Game Tips
All forms of gambling come with a risk, but there are ways to mitigate these when playing crash games.
Bankroll
Setting well-defined limits on how much you are willing to lose or how much you are happy to win is a popular technique for all betting. The auto-bet feature on crash games can make this a lot easier.
Minimize Risk
Betting small amounts to begin with allows players to get used to games. Applying some of the techniques mentioned above can also help players recoup losses and enjoy gradual profits rather than using the high-risk strategy of betting big.
Don't Chase Losses
Knowing when to stop is essential and chasing losses can be catastrophic. Setting well-defined limits will help players avoid this.
How to Choose Crash Games
With a wide variety of crash games on the market, it can be challenging to select the best. Taking the time to check reviews and licenses should help you determine the most trustworthy sites.
Some game themes will appeal to you over others and this can be a good way to narrow down your options.
Other things to look out for include the currencies they accept, the house edge, the security features offered, and whether a site provides evidence that it offers a fair crash game.
Bonuses and incentives can be another great way to test sites out with minimal risk and excellent perks.
Final Thoughts
While crash games were originally developed for the crypto market, they have now moved over to the mainstream and are popular among all types of gamblers. They offer a quick and simple way for people to enjoy a fun gambling experience and don’t require a lot of experience.
Crash games are an excellent alternative to traditional casino games and look set to remain popular for the foreseeable future.
