playing – Tips on how to cope with bitcoin/crypto volatility as a web based on line casino?
For instance a web based on line casino has btc as a deposit and withdrawal methodology.
Assuming A participant deposits 1 btc, performs and does neither win nor lose a lot after which cashes out the steadiness, which occurs to be precisely 1 btc. I’m utilizing easy values to give attention to the principle challenge.
Nevertheless, the btc value was 15% risky for the reason that deposit was made.
Technically, the participant has neither gained nor misplaced primarily based on sport play, however he would get a free 15% in worth simply as a result of btc value enhance.
The other applies if btc loses 15% of worth.
In fact it’s a good factor for the on line casino if the btc value plummets, however probably disastrous if the worth goes up, assuming a median 4% home edge for the on line casino.
What can be a good answer for each events?