Free Online Virtual Casino Games – Online gambling is far from new. Since the dawn of the internet, players have turned to virtual platforms for betting while hoping to land a winning hand at online casinos.
And with real-life casinos closed around the world during the pandemic, gamblers have increasingly embraced virtual gaming opportunities. But one particular city of sin has risen above the rest – the metaverse. Although still a very unexplored concept, it can be more simply described as a shared virtual world where real life and digital experience intersect and users can engage in a wide range of activities, from buying virtual goods to meeting new people and starting businesses.
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Given the endless potential, or rather the estimated billion dollar annual earning potential, it’s no wonder that gaming has become the dominant activity in the metaverse. Players blow millions and collect millions more in virtual casinos around the world. One such casino, ICE Poker, earned $7.5 million in the first three months of 2022. And while Macau can’t compare to the astronomical numbers of the gaming capital of the world, it’s still a remarkable feat for an industry. first steps in the metaverse.
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We can think of Metaverse casinos or crypto-casinos as an extension of regular online casinos or betting platforms, except that not all transactions are processed in fiat, but yes, you guessed it, crypto-currencies. Decentralized betting can claim several benefits. In theory, based on blockchain technology, the crypto game guarantees a higher level of transparency, security and privacy.
Players may also welcome the idea that their bets aren’t stacked in favor of the house, while the most creative casino cheats won’t have much luck trying their tricks in the metaverse. Winnings and bets are recorded on the blockchain, and often a crypto casino does not charge a fee, for example, when you participate in poker tournaments or other gaming events.
And taxes, you ask? This is still a gray area. The crypto industry has just begun to be regulated, but it looks like Uncle Sam won’t be coming to cut your fortune.
This is not to say that playing in virtual environments is not without risk. There are many jurisdictions around the world where online gambling is illegal, including in virtual worlds, and we recommend that you familiarize yourself with your local laws.
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Decentralized betting exchanges also rely on blockchain protocols to match bets peer-to-peer, eliminating the need for a “trusted intermediary” like a traditional bookmaker or exchange. This means that bets can be made at a fraction of the price, eliminating counterparty risks, but also making players feel even more welcome.
Overall, it’s fair to say that the metaverse creates a different and heightened gaming experience than land-based casinos or online platforms.
Amidst the virtual lights and neon glow of a parade of extravagant metaverse casinos, today’s busiest digital City of Lights resides in Decentraland – a decentralized virtual world based on the Ethereum blockchain. This metaverse is completely owned by its users, without the intervention of a government body, and is managed through smart contracts.
Using an avatar, users can easily enter Decentraland and be transported to a digital twin of physical locations and experiences, whether they are visiting an art gallery, attending a music concert or participating in pop-up activities such as a Scavenger Hunt. Users can also purchase virtual land on the platform, which gives them full ownership and control of their metaverse properties and the applications they build there.
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Thanks to its decentralized technology, Decentraland can rely on a thriving open market where transactions are made through the platform’s MANA cryptocurrency, which has a current market value of around $4.2 billion.
And while there are endless events happening all the time, it turns out that people love to visit the Decentraland city of Vegas more than anything else. In fact, Decentraland poker rooms often host half of the people in their metasystem.
Clearly inspired by the famous Vegas Strip, Decentraland’s virtual casino area isn’t too different from real life. Upon entering one of its many casinos, the user is greeted by hordes of gamblers in (sometimes quite questionable) street clothes, from funky wigs to extravagant shoes and, of course, the obligatory sunglasses for the poker-playing crowd.
Poker is the most popular game option, but this digital city of sin has almost nothing else to offer. Players can hit the tables virtually and try blackjack, backgammon, roulette or try their luck at the slot machine. The sound of the cashier, the shuffling of a deck of cards or poker chips, and the clapping emoji are constant reminders that this transformative experience is meant to be as realistic as possible, and more importantly, to win real money.
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Developed by Decentral Games, a distributed autonomous organization (DAO), and released to the Decentraland world in 2019, Chateau Satotoshi is an art deco-inspired casino with three floors, including a casino, nightclub and theater. Here, players can find all the traditional real casino games and use MANA or ETH to try to win their crypto fortune.
This Japanese-themed casino is also run by Decentral Games, but unlike other platforms, players are hosted by real hosts instead of computer-generated bots. The casino recently began hiring and has 20 part-time greeters and a full-time manager to help with day-to-day operations, according to Decentral Games founder Miles Anthony.
At Tominoya, users can try their hand at a variety of decentralized casino games, such as blackjack and poker, using MANA, DAI or simply free play. Risk-averse players can choose to place their crypto on gambling games such as slots and roulette tables. There are also real estate NFTs through which holders can earn up to 30% passive income as part of a lease agreement with the casino.
Tominoya Casino also has a conference hall where live streaming events take place. Given its large selection of games and live interactive staff, Tominoya has quickly become a favorite destination for gaming.
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Serenity Island is a huge three-story casino, including a nightclub, in architecture inspired by Monte Carlo. Players must board a large island (that’s part of the fun, we promise) to access this casino, and unlike other virtual casinos featured in Decentraland, Serenity Island can appear as more than just a seaside experience. full casino It’s certainly a proposition that could appeal to more low-key gamers.
Last year, renowned video game and arcade game maker Atari teamed up with Decentral Games to launch Atari Casino in Decentralland. The project is not yet fully launched, but according to Atari, it will include a series of arcade games where users will be able to find nostalgic titles along with some new games where players will have to use a combination of luck and skill. Players will also be able to browse exclusive gaming company apparel located throughout the casino. The platform is powered by the Matic Network, a move that aims to make gaming transactions cheaper and faster compared to other casinos. Atari Casino is expected to make $400 million in 2 years from gambling alone. Players will be able to play with a wide range of tokens, including ETH, DAI and Decentraland’s MANA cryptocurrency. Additionally, the so-called “game mining” program will reward players with the Dezentral Games government token, $DG.
The undeniable metaverse poker room is ICE Poker, with all the trappings of real-life poker. This is because new players are expected to learn about poker and buy at least one ICE Wearable before being accepted. The problem is that they will have to cough up thousands of dollars to get in the door, as the minimum price for these NFTs is set at almost $7000 on markets like OpenSea. Fortunately, interested players can rent a laptop from other players who receive a generous cut of the profits, an increasingly popular arrangement.
ICE Poker has become a favorite among Decentraland residents thanks to its daily challenges that allow users to win real money prizes as well as poker tournaments. The casino attracts 6,000 poker players daily to its many poker rooms, where players can not only earn crypto chips, but also upgrade wearable NFTs by defeating opponents and completing in-game challenges. ICE Poker alone brings in about $3.2 million in monthly revenue for Decentral Games, and the company says it has paid out about $15.4 million to players at its many casinos.
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Gambling is becoming one of the most immersive experiences and platforms in the metaverse
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