Online gambling has come a long way from boring and repetitive 3-reel fruit slots. Companies such as Bitblox are doing their best in reshaping the industry with engaging and innovative content that fits the profile of the modern gamer: fresh, tech-savvy, and outside of the box.
And according to Bitblox, next-gen crypto prediction games are the way to go.
Page on Skill-Based Prediction Games
- What are skill-based prediction games and why did Bitblox decide to create them?
These types of games are a form of betting where each round’s outcome is not decided by RNG.
Players in our games attempt to guess the price movements of the actual Bitcoin market.
This means their chances of winning rely on real-world data and not random chance.
Bitblox games sit somewhere in between games of chance and games of skill, as players don’t need prior knowledge of crypto markets. That was the driving force behind what we wanted to create.
- Is the younger market, which is knowledgeable about tech, put off by traditional gambling games? Do they want to have more control over a game’s decision-making process?
I don’t think the younger market is put off by traditional gambling, but some data suggests the more tech-savvy players are drawn to titles where they play a proactive role in the outcome of each betting round.
What I can say is that knowing you have a measure of control over whether you win or lose is far more engaging for players, instead of being subject to the whims of RNG.
I can tell you that the Bitblox team is working on understanding this younger demographic more as we continually adjust our products.
Introducing 3 In a Row
- Your 3 in a Row game sees players predict whether Bitcoin's price will rise or fall for three consecutive 20-second intervals within a single minute. Can there really be a skill in predicting these fluctuations?
We’re very proud of 3 in a Row and have already had a great response to its recent launch.
We consider it a unique product that appeals to crypto-savvy Gen Z and Millennial players alike.
Players don’t only predict the rise or fall of Bitcoin in the game, they have to be right all three times to win.
3 in a Row also straddles the chance/skill divide, so while there are features that appeal to casino and slot players, there’s also the potential of winning using your knowledge of the market.
“Bitblox games sit somewhere in between games of chance and games of skill, as players don’t need prior knowledge of crypto markets.”
The Bitcoin market can be incredibly volatile, especially over short time periods, but this market unpredictability is one of the key factors behind the broad appeal of our brand of games.
When you take a longer-term view of the Bitcoin price, there are definite macro trends that can also be used to inform predictions in the short term.
We also give bettors all the tools they need to make informed decisions through our live price feed.
Crypto Prediction’s Appeal for Operators
- What is the appeal of these kinds of games for operators?
Bitblox games offer operators a hybrid mix of chance and skill-based games (SBGs) which means they appeal to a broad range of players.
One of our partners initially put our games in the crash/instant win section of their platform, only to see them attract traffic from players who usually bet on sports.
When they attempted to adjust this by moving our games to the sportsbook section, the same thing happened in the opposite direction.
Eventually, they moved our games to their site’s front page and got the best of both worlds.
If you factor in how betting rounds are uniformly short across all our titles and how they all offer frequent opportunities for wagering, then you have a product that appeals to the fast-paced preferences of modern gambling audiences.
At the same time, you’re providing operators with plenty of traffic and margins to match.
- How will the regulatory landscape develop for crypto gambling? What are your crypto predictions for 2025?
I think we’ll see even more adoption of crypto from businesses, alongside further regulation.
I’m one of those who believes crypto isn’t going anywhere and the events of the past 12 months have only reinforced my view.
The current United States administration has spoken very positively about cryptocurrencies, for example, and has even talked about how Bitcoin could become an increasingly significant part of the US strategic reserve.
On top of that, the recent bull run and the price of Bitcoin reaching an all-time high have been covered widely in the press, which has resulted in the public having a greater interest in cryptocurrencies.
All of this creates a perfect storm for the growth of crypto in 2025.
