Online betting has been around for some time now and has gained quite a bit of popularity. And, as technology is getting more advanced by the day, so too are online casinos.
Nowadays, the gambling industry has taken its first steps into the metaverse, a fresh concept that allows players to dive into a different reality to have some fun.
In the metaverse, you can gamble with crypto, play as a made-up character, explore different worlds, and much more.
But what is the metaverse all about, and which are the metaverse casinos you can gamble at? Let’s find out!
What is a Metaverse Casino?
The concept of the metaverse is still relatively new, and it’s expanding as we speak. The metaverse can be best defined as an online virtual world in which you can socialize, work, trade, and, what we’re exploring in this article, gamble at virtual casinos. It’s a shared digital space where real-life and digital experiences collide.
Due to its immersive nature, the metaverse is the perfect place for the online gambling industry to bloom. It provides you with a hyper-real gambling experience that you’re unable to get anywhere else in online casinos, making it superior to traditional online gambling.
The biggest difference between gambling at a metaverse casino and its regular online counterpart is that all transactions are processed in cryptocurrency, instead of fiat.
As crypto relies on blockchains, gambling with crypto ensures more privacy and security and adds another layer of transparency. You can rest assured that your bets won’t be rigged in favor of the house, and that players can’t cheat in the metaverse.
What is Decentralized Gambling?
Decentralized gambling refers to casinos that have not only implemented the blockchain technologies to accept crypto, but the ones that have built a platform entirely on blockchain.
There are numerous benefits to this, including increased security, privacy, cost-effectiveness, and fast transaction speeds.
But what is blockchain exactly? Simply put, a blockchain is a type of database that’s impossible to hack or breach into. It’s a decentralized digital ledger that’s distributed across an entire network, making it 100% secure against cyber attacks.
The biggest advantage of blockchain technology is that it allows lightning-fast payout speeds. Unlike traditional casinos, at which you have to wait for the bank to process your payments, decentralized casinos process them in an instant thanks to blockchain and crypto.
The Top 6 Metaverse Casino Sites
Intrigued by the concept of metaverse gambling? If so, let’s take a look at the top metaverse gambling sites you can start gambling at.
EarnBet is one of the first decentralized casinos that emerged in the metaverse gambling industry. When users create an account on EarnBet, they get a private key for it, similar to crypto wallets.
The platform allows you to bet with various cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, etc., and play numerous casino classics like blackjack, baccarat, or poker. The best part about using crypto for deposits and withdrawals at casinos is that transaction fees are minimal, or non-existent.
Lastly, one of the most unique things about EarnBet is that you are rewarded with a native token BET every time you place a wager at this casino. But what are BET tokens for? By staking them, you increase your portion of the company’s dividends. It doesn’t get any better than that!
Decentraland is one of the most popular metaverses in the industry, making $7.5 million over the span of 3 months in 2022. It’s run by Decentral Games and has over 6,000 daily users, which is a lot considering that most metaverses are empty.
The main currency used in Decentraland is MANA, which you can earn by trading land and doing jobs in the metaverse. You can also spend it in Decentraland’s casinos, where you can play various roulette wheels and blackjack games. Currently, there are 5 casinos in Decentraland, including:
Atari CasinoTominoya CasinoChateau Satoshi CasinoDEXT Poker LoungeBored Ape Yacht Club Casino
The biggest advantage of the casinos in Decentraland is that they’re designed in such a way that you can gamble without losing money. Players need to buy an NFT wearable for their avatars, and then they can get their money back by gambling with them.
Overall, Decentraland is the perfect metaverse for you if you’re into crypto gambling, especially NFTs.
#3. The Sandbox
The Sandbox is a metaverse that has huge plans to open the biggest casino in the virtual world, SandBox Casino. It is said that SandBox Casino will have more than 90 games available and 140,000 avatars for its players.
The SandBox casino will use the SAND currency. With SAND, you’ll be able to buy land or NFTs. The NFTs will act as virtual tokens and true digital in-game assets. Note that all players who purchase the casino’s NFTs gain a stake and a stand to benefit from 50% profit shares of The Sandbox.
The Sandbox metaverse is currently sponsored by big companies such as Adidas and Atari, and even some famous names like Snoop Dogg and Avenged Sevenfold. So far, it has a promising future ahead, so we wholeheartedly recommend you keep an eye on it.
If you’re into cyberpunk, you’re going to love Bloktopia as it will provide you with one of the most immersive, sci-fi-themed VR experiences. Bloktopia is a metaverse that revolves around the Skyscraper made up of 21 levels in which you can play games, build networks, and much more.
Bloktopia’s official currency is BLOK, which you can generate through different sources of income and use on the “Penthouse & Gaming” floor of the Skyscraper. You can also use BLOK to upgrade your character, buy real estate, or purchase various items from the marketplace.
Bloktopia also uses the latest Unity engine, ensuring its players enjoy gorgeous graphics and an immersive gameplay experience. When you step into the reality of Bloktopia, you’ll feel as if you’re in a scene from the Blade Runner movie or the hit 2020 game, Cyberpunk 2077.
Overall, Bloktopia is a great metaverse that combines VR, cryptocurrencies, NFTs, and blockchain technology, in which you can gamble, socialize, and explore a new, cyber reality.
#5. Highstreet Market
Highstreet Market is one of the most innovative metaverses as it combines the physical and digital worlds thanks to Unity, Blockchain technology, and e-Commerce systems. At Highstreet Market, you’ll be able to purchase products that exist in both physical and virtual forms, also known as phygital products.
For example, if you buy a piece of armor for your character in this metaverse, you’ll also get a jacket for yourself in real life.
The main currencies for Highstreet Market are HIGH and STREET tokens. You can use them to purchase various things in the metaverse, such as real estate, collectibles, and more. Most importantly, you can gamble with these tokens as Highstreet is primarily a social metaverse.
Overall, Highstreet Market will allow you to establish a presence in the virtual world, trade, socialize, and most importantly, gamble.
MetaHero is a metaverse that, unlike Sandbox or Decentraland, has life-like avatars and surroundings thanks to advanced technology. According to the available footage we’ve seen so far and compared to other metaverses, you can rest assured it will be a one-of-a-kind experience.
At MetaHero, the primary currency will be the HERO token, which will power its economy. With HERO tokens, you’ll be able to purchase 3D NFTs, gamble, trade with other players, and do many other things.
One of the features at MetaHero allows you to interact with NFTs, making them more valuable than ever.
Last but not least, you will also be able to enjoy gambling in the MetaHero universe. So far, it still hasn’t been confirmed which titles will be featured, but according to the available information, the casino will partner with some of the best casino software providers out there.
How to Play at a Metaverse Casino: Step-by-Step Guide
Now that you’re familiar with metaverse casinos, let us show you how to play at them!
#1. Find the Right Metaverse Casino
Picking the right casino is the first and most difficult step in your metaverse gambling journey. To narrow down your search, you should focus on three main aspects:
Security features–Most metaverse casinos rely on blockchain technology, but you should always check for other security measures the casino has in place for its users.Game variety–When choosing a metaverse casino, you want to look for a place that has various exciting games for you to play.Prizes and promotions–A casino that has generous prizes and promotions puts effort into rewarding its members.
#2. Open a Crypto Wallet
In the metaverse, crypto is the main currency for all services and transactions. That’s why you’ll need a digital wallet to start gambling in this virtual reality.
There are numerous secure and reliable platforms you can choose from, and the ones we can recommend are:
#3. Purchase the Required Currency
Once you open your crypto wallet, you might need to purchase a specific cryptocurrency, which can vary depending on the casino. For example, Sandbox uses SAND tokens, while EarnBet accepts traditional cryptocurrencies such as Bitcoin and Ethereum.
So, before loading up your digital wallet with common cryptocurrencies, first check which currency is used by your preferred casino. Then, use Coinbase, Binance, or BlockFi to make the transaction.
#4. Create Personal Avatar
An important, but also fun, step you’ll need to take before gambling at a metaverse casino is creating a personal avatar. You’ll need to create a character that represents you the most, or go for a customized character that doesn’t embody your features if you want to stay anonymous.
You’ll be able to change the physical traits of your character, such as eye or skin color, and wearables like shirts, pants, hats, etc. Additionally, if you own NFTs, you can display them as custom wearables.
#5. Find and Play Your Favorite Games
Last but not least, once you have a loaded digital wallet and a personalized avatar, you can start playing your favorite games. For that, you’ll need to navigate the metaverse casino you’ve chosen and look around.
To help you in your search, some metaverse casinos have virtual hosts and guides, which can point you to your preferred game table. Whether you’re feeling lucky at poker or blackjack, you’ll find a dedicated section in which you’ll be able to enjoy an immersive gambling experience.
The 5 Ultimate Benefits of Gambling at a Metaverse Casino
Gambling at a metaverse casino comes with numerous benefits. Let’s explore some of the top ones to paint a better picture of what you can expect from metaverse casinos.
#1. Immersive Experience
One of the things that makes metaverse gambling unique is how immersive the experience is. It can’t even be compared to betting at classic land-based casinos, as it allows you to enter different metaverses with just a click, meet new people, and play your favorite casino games.
Metaverse gambling is perfect if you want to escape the monotony of everyday life. All you have to do is put your VR headset on, and you’ll be teleported to a world where you can be whoever you want.
The best part about it is that both the hardware and software used for creating the metaverse world have become very advanced. This means that you won’t be able to tell the difference between gambling at a live casino and a metaverse casino.
#2. Swift Payout Times
Don’t you hate it when you get on a lucky streak and earn lots of cash, only to have to wait several business days to withdraw your funds? If so, you’re going to love metaverse casinos because they have lightning-fast payout times.
This is one more benefit of using cryptocurrencies to gamble, as unlike using fiat, you don’t have to wait a minute to deposit or withdraw them to or from your casino wallet.
On top of that, metaverse casinos usually have their own currencies (e.g., BLOK or META tokens that we mentioned above) and use specialized software to process payments. This means that besides being able to instantly withdraw or add funds, you’ll also be able to do it without having to pay any fees.
One of the biggest benefits of metaverse gambling is anonymity. To play a hand or two of poker, all you have to do is put on a VR headset and enter the virtual world. You don’t have to be seen going in and out of a casino or interacting with local people.
Most importantly, you’ll have a virtual avatar that represents you. You can keep identifying features out of it, so no one knows your real name or face.
Lastly, you also don’t need to share your personal information or go through identity verification to set up your account and payment options. As metaverses use cryptocurrencies exclusively, you’ll only need to enter an email address and connect your digital wallet.
#4. Meeting New People
Even though it’s still relatively new, metaverse gambling is quite popular and has a large player base. The majority of the players are still figuring out how everything works, and they’re more than happy to meet new people and hang out.
That’s why the social aspect of metaverse gambling can’t be taken out of the equation. The metaverse is primarily a platform for socializing and meeting new people, which can’t even come close to live or mobile gambling, where you feel more isolated.
So, if you ever want to have a chat with someone or meet new people, put your VR headset on and visit your favorite metaverse casino.
#5. Numerous Promotions
If you like bonuses and promotions, you’re going to love gambling at metaverse casinos. Because they’re brand new, most of them offer lots of ways for players to earn rewards, ranging from daily and weekly giveaways to tournaments and no deposit bonuses.
The promotions at metaverse casinos are also quite generous because it’s a multi-million dollar industry and because the main currency used is crypto. So, whether you prefer to use Bitcoin or Ethereum, rest assured you’ll get some big rewards.
Keep in mind that bonuses and promotions depend mostly on the metaverse casino. So, before you settle for one, check out what they have to offer on their website, and see whether you can get some free spins, better payout rates, deposit bonuses, or something else.
The Challenges of Gambling at a Metaverse Casino
Even though metaverse gambling sounds very promising, remember that not all that glitters is gold. There are certain challenges to gambling at metaverse casinos that you should consider, such as:
#1. A Steep Entry Point
One of the biggest challenges metaverse casinos might face is the steep entry point into the VR world. Not everyone has the required technology to participate in a metaverse world, as you need a VR headset or AR glasses, a fast internet connection, a computer, smartphone, etc.
The metaverse also has a high learning curve, as you need some time to get adapted to using all the equipment and software. But, as technology is getting more advanced by the day, it’s also becoming more user-friendly.
At the end of the day, even with the steep entry point, 74% of US adults are joining the metaverse.
#2. Security Concerns
The key areas of concern when it comes to metaverse gambling are the security of its users’ data and their safety.
Metaverse gambling comes with different security concerns than online or live betting. The users’ funds and data are mostly safe due to the blockchain technology used by cryptocurrencies, so experts have to focus on protecting metaverse users from hackers, scammers, misinformation, etc.
Metaverse casinos are already implementing new policies, security features, and more, and they’re becoming foolproof to all kinds of cyber crime.
For example, deep fakes used to be a problem, as someone could create a hyperreal avatar of another person and act on their behalf. Nowadays, deepfakes can be recognized thanks to biometric authentication and other security features.
#3. Blurring with the Real World
The biggest selling point of the metaverse is the immersive gambling experience it provides. But, this can be a major issue for some players as it can blur the gap between their virtual and real worlds.
Let’s face it, gambling can be addicting if you aren’t being careful. Add the VR experience into the mix, and you could end up with plenty of people withdrawing from the real world. This can influence their relationships, real interactions, etc.
But, as big problems have simple solutions, so does this one.
Taking 15-minute breaks after every half hour of playtime will ensure you don’t lose touch with the real world and that you can keep gambling in the metaverse safely.
Is it Safe to Gamble at a Metaverse Casino?
As with every new addition to the online world, you might be skeptical about the safety of metaverse casinos. That’s totally fair, since the metaverse industry just launched recently, and it hasn’t been tested in-depth. Let’s see what security features are used by metaverses to protect the digital footprint of their users.
Gambling Safety Features
Although metaverse casinos are similar to online casinos, safety concerns are addressed differently.
Firstly, the user’s personal information is 100% secure because metaverse casinos use blockchain and crypto. You don’t even need to enter your real name to gamble at a metaverse casino, as you only need to connect an email and a digital wallet to the platform.
Secondly, even though metaverse games also use Provably Fair and RNG, some casinos employ a virtual dealer to handle the cards, ensuring all players bet with equal odds of winning.
Safe Payment Methods
Thanks to crypto and digital wallets, you can make anonymous and safe transactions at metaverse casinos. You don’t need to go through various verification steps, and most importantly, the payments are processed instantly.
The best part about metaverse casinos is that they support numerous crypto currencies. So whether you own Litecoin,Ethereum, or other crypto, you can rest assured that you’ll be able to gamble with your preferred currency.
Keep in mind that crypto transactions are usually irreversible, which is why we advise you to gamble with caution. Be careful when placing bets while you get used to gambling in the metaverse, and double-check everything when you’re adding or withdrawing funds from your account.
Generally, if a casino has a license from an authoritative body, you can rest assured it’s safe to bet at that place. Most casinos nowadays have a license issued by the gambling authority of the country they operate in.
To check whether a casino has a gambling license, all you have to do is visit its website and scroll down to the bottom of the home page. If the casino is licensed and transparent about its business information, the license number and address should be there.
Types of Metaverse Gaming
There are a lot of activities you can indulge in and games you can play in the metaverse. Check out the top metaverse game types that are trending currently:
#1. Online Casinos
Online casinos are incredibly popular in the metaverse world. Platforms such as Sandbox and Decentralized have casinos you can visit, meet new players, try out a plethora of casino games, and have the time of your life.
The best part about metaverse casinos is that you get to enjoy the experience of visiting a casino from the comfort of your home. The graphics are realistic, and there are plenty of people you can play with.
There are also numerous games you can try out, so whether you’re a fan of good old blackjack, poker, or even dice, you can rest assured that there’s a title waiting for you.
You can even interact with other players just as you would in a live casino. For example, you can tip the dealer, talk to people next to you on a table, spectate other players, etc.
Overall, the experience is as immersive as it gets, and you won’t be able to notice a difference between the real deal and this one.
#2. Axie Infinity
Ever since its launch in 2018, Axie Infinity has remained one of the most popular games the metaverse has to offer. It’s quite similar to Pokemon, as your goal is to collect Axies, which are creatures that you can train and use to battle with other players, or simply hunt for treasure.
Axies are unique NFT creatures which you can also sell to other players or trade for crypto. This allows you to earn a lot of real money, which is why the game became so popular.
The game has two modes, Adventure and PvP. In the former, you fight PvE enemies with your Axies, earn XP, and hunt for treasure. In the PvP mode of the game, you fight other players for rewards.
Axie Infinity has a huge player base, meaning that you’ll never have to worry about finding new people to play with or trade with.
Overall, if you like Pokemon and especially crypto, you’re going to adore Axie Infinity.
#3. Horizon Worlds
Horizon Worlds is a game developed by Meta, formerly known as Facebook. The game is still in the alpha phase, more or less, so keep in mind that not all features have been added yet.
Even with that in mind, you’ll find that Horizon Worlds is an impressive metaverse game, which allows you to create your own avatar, design your own world, build a community, play other games, meet new people, and much more.
The variety of games you can play in Horizon Worlds is impressive, as you get to try out numerous RPGs, hangout games, etc.
As it’s heavily advertised by Meta, it’s no wonder why Horizon Worlds has a massive community built around it already. This is always a big plus, so we recommend you check it out yourself!
VRChat is one of the longest-standing Metaverse games in the industry. It was developed way back in 2014, and since then, it has gained a huge community that remains active and keeps growing to this day.
The game allows you to customize your own character, socialize with other players, and visit numerous other worlds that range from strange to mesmerizing locations. All of the worlds are generated by users, so you can expect to see tons of different creations.
One of the key features of VRChat is that its avatars support a full range of motion. This allows you to make all sorts of movements with your character in the game.
Overall, if you’re not familiar with the metaverse, VRChat might be the best starting point for you. It’ll show you the ropes and teach you the basics, preparing you for more advanced metaverse adventures.
Illuvium is an up and coming MMORPG (massively multiplayer online role-playing game) in the metaverse that’s based on the Ethereum blockchain.
In this game, you take up the role of an explorer, and you get to fight against enemies and other players upon crashing onto the alien world of Illuvium. To survive, you have to capture and train Illuvials—deity creatures with powers that can help you battle your opponents.
The game’s RPG system is backed up by ILV, the game’s official currency, which you can sell for profit or trade for other items in the game that can help you progress.
The major selling point of Illuvium is its graphics, as it’s going to be one of the best-looking VR games out there. The game development team is using the most recent software to create the world of Illuvium, so you can expect pleasant gameplay.
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Not feeling ready to dive into the metaverse? If so, check out some of the following classic online casinos we recommend:
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Although the concept can be hard to grasp, this article should help you get familiar with the metaverse. We wholeheartedly recommend you put your VR headset on, enter your favorite metaverse, and experience the most immersive gambling experience of your life!
You will be able to bet with your cryptocurrencies, play your favorite games, and meet new people by playing as a customized character at metaverse casinos! Your NFTs will be worth more than ever, and you might never think about going to a live casino ever again.
To recap what we went over, here are the main points to walk away with:
The metaverse is an online virtual world in which you can socialize, work, trade, and even gamble with cryptocurrency.Some of the best metaverse casinos are:EarnBetDecentraland casinosSandboxHighstreet Market casinosMetaHeroAt a metaverse casino, you can gamble anonymously while enjoying an immersive and social experience, swift payout speeds, numerous promotions, and more.Metaverse casinos can be somewhat challenging for players because it’s difficult to keep a distinction between the virtual and real worlds we live in.The best games you can play besides gambling in the metaverse are Axie Infinity, Horizon Worlds, VRChat, and Illuvium.
#1. How can I make money in the Metaverse?
You can make money in the Metaverse by either gambling in casinos or trading valuables with other players. Most casinos in the metaverse also have their own unique currency in the form of tokens, which you can trade for real money.
#2. Can you earn real money at Metaverse casino sites?
Even though Metaverse casino sites use cryptocurrency, you can still earn real money by converting crypto to fiat easily. In the metaverse, you can sell items, trade valuables, and even withdraw funds from your winnings from metaverse casinos.
#3. Can you gamble in Decentraland?
Yes, you can gamble in Decentraland by visiting one of its several casinos, such as the Tominoya Casino, Atari Casino, Chateau Satoshi Casino, or others. At those casinos, you can play games such as poker, blackjack, slots, and many others.
#4. Are decentralized casinos safe?
Yes, decentralized casinos are 100% safe, especially if you consider the necessary encryption and verification processes for betting they go through. They are even considered safer than live casinos due to the numerous security features and protocols they use.