The online gaming market is booming in Vietnam, and it’s set to grow at a CAGR above 10% by 2033, with most people engaging with sports betting and traditional casino options. While online sports betting remains the favorite option for most Vietnamese gamblers, crypto casinos are also gaining traction, thanks to their privacy, safety, and exclusive titles, including Plinko and other crash games. Here’s what you need to know about it.
The Evolution of Online Casinos
Crypto casinos aren’t new. The first platform, SatoshiDice, emerged in 2012, giving a new purpose to Bitcoins, which weren’t widely accepted yet. However, online gamblers didn’t take much time to realize their potential. Crypto casinos premiered features long desired by players, like a reliable system to ensure fairness and transparency of results (provably fair games), solid security, and increased privacy.
Regular online casinos require players to provide proof of identity and use traditional banking methods for deposits and withdrawals. This means players must also share their banking information on such platforms. Meanwhile, crypto casinos provide full anonymity: players aren’t required to provide any documentation, and since crypto accounts are associated with a string of numbers instead of the player’s name, it adds an extra layer of privacy.
Besides, crypto casinos provide exclusive games, driving innovation in the sector. Such is the case with crash games like plinko việt nam, which appeared in 2018 and has quickly become a staple in crypto-based online casinos. Crash games are games of chance, which means no amount of skill can influence the result, even though decision-making is involved.
Instead of betting on the outcome, players take their chances on multiplying curves. They can withdraw at any moment until the curve collapses, in which case players lose everything. The same principle is behind any crash game, although mechanics and dynamics may vary. In titles like Aviator, multipliers increase as the plane goes up, but there’s no way to tell when it’ll crash.
In the case of Plinko, several multipliers appear at the bottom of the board, which don’t guarantee winnings. Some of them are smaller than x1, making players lose money in the end. For instance, if a player bets USD 10 and lands on an x0.2 multiplier, the prize will be only USD 2. The amount and value of multipliers can be adjusted according to three risk levels: low, medium, and high. Players can try this and other crash games for free at Bitcasino.io.
Understanding RTP and Volatility
Like any online game, crash games are governed by algorithms that randomly determine each round’s outcome, such as the Random Number Generator (RNG). While results are random, it’s possible to infer a return to player rate (RTP) and the house edge based on the outcome of thousands of rounds.
So, the RTP shows how much that game will return in prizes in the long run, but there is no guarantee of winning for individual players. Most crash games have RTP ranging between 97% and 99%; the lower the RTP, the higher the risk. In games like Plinko, it’s possible to adjust the winning likelihood or the volatility. Players choosing a low level of risk may be rewarded more often, though prizes are usually small.
Conversely, a high level of risk means players can win bigger prizes, but they’re much less likely to land. Thanks to provably fair technology, it’s possible to verify the randomness of each result, providing more transparency and safety to players.
Most Popular Titles
Crash games are all over the place these days. Most platforms provide browser-based versions, which means players don’t need to download an APK app. They run on any smartphone or mobile device, as well as on PCs. Crash games don’t require previous knowledge or expertise. That’s why they’re often compared to slots and enjoy similar popularity in crypto casinos.
Here are some of the most popular titles right now, their developers, and how they work. All of them are available as demo versions, which means players can try them for free.
Pawsome Plinko – OneTouch
Pawsome Plinko came out last August, and it’s already an absolute success. Here, a cute little cat throws balls out of a box, rolling down a 16-row grid. It includes special features like golden pegs with special multipliers of up to x100, pegs that split balls in two, and free drops, significantly increasing winning chances. Lucky players can walk away with x10,000 for their initial bet. It’s a high-volatility game with an RTP rate of 97.05%.
Aviator – Spribe
Arguably, the most popular crash game, Aviator, is one of the pioneers of this segment. The title was released in 2019, creating a new generation of casino games and quite a few copycats. The adventure begins with the plane taking flight, increasing multipliers as it goes higher. Players can stop the game anytime and retrieve the winnings made so far. However, if the plane crashes, everything is lost and, worse still, there’s no way to tell when it will happen. Aviator has provably fair technology and a 97% RTP.
Mines – Turbo Games
Those old enough to remember the Windows classic game of the same name will feel at home with Mines by Turbo Gaming. However, there’s a catch. In the traditional PC version, players would know the number of mines surrounding safe slots, but not here. Instead, there’s a 5×5 grid hiding gems and bombs. Each gem increases the multiplier, and just like in Aviator, it’s possible to exit the game and retrieve winnings anytime. However, if a bombs come up, it’s the end. Multipliers can go up to x4.95M in this high-volatility game with an RTP of 95%.
Goal – Spribe
Here’s one for football lovers. Goal by Spribe takes Mines’ logic to football, with rectangular grids of 4×3, 7×4, or 10×5 representing the field. The ball progresses horizontally from one goal to another, increasing multipliers as the ball gets closer to the opposite goal. Players can choose the next slot, which can conceal a ball or a bomb. The maximum payout is x9.03, with an RTP rate of 97%.
