Bitcoin Crash Games 2023 Crypto Crash Casinos

Bitcoin crash is one of the most iconic crypto games that is still mainly found only at Blockchain and crypto online casinos.

In crypto crash you have a multiplier that starts at 1.00x and then grows exponentially with time. The multiplier can usually reach any number up to 1,000x, but this depends on the game. At some point the multiplier stops growing – it ‘crashes’ – hence the name of the game.

This is also the most unique part of Bitcoin crash. You do not bet on any specific outcome, but instead you decide at what point, as the multiplier is still growing, you want to cash out. If you wait too long, you might risk losing it all. When the multiplier crashes, all bets that have not been cashed out are automatically lost.

Of course, the probability to crash at a higher multiplier is inversely proportional to the multiplier. This means that higher multipliers are much rarer than lower numbers.

This is a very interesting question that is often asked whenever someone talks about Bitcoin crash game outcomes and probabilities.

The answer is this: As counter-intuitive as it seems, crypto crash has a house edge as well, meaning that whatever you bet, the house has the upper hand. Even at 1.01x.

Here is how it works:

An easy example is this: If E is 10, then all possible events and multipliers are:

Of course in reality E is much, much larger, so you can get all possible multipliers between those numbers, but the probability distribution remains the same.

As you can see, 5 out of 9 events fall under the 2.00x multiplier (disregarding the H=0 event, which will not occur). This shows that lower numbers will occur much more frequently.

If we were to write the sequence for a larger E, you would see that you would get many multipliers between 1x and 1.01x. For example, for E=100 we already get 2. If you were to cash out at 1.01x every time, you would be successful in all events but those 2. That means that you would win (100-2)*0.01 times your bet or 0.98 times your bet. The problem is that you would lose the other two; that is 2 times your bet. So your outcome would be 0.98-2 times your bet or -1.02 times your bet. In reality that means you would lose your entire bet.

Do not misunderstand – hitting a large multiplier and cashing out is still a very viable option! But this is a game of chance, just like any other casino game. Good luck!