SIGN UP LOG IN
 

Fairspin players have won almost USD 7 million in 2019

Published by

January 21, 2020 6:48 pm

Fairspin players have won almost USD 7 million in 2019

Online casinos have been around almost as long as the Internet itself, and a growing number of them now use blockchain technology for greater transparency and security.

However, not many can say that their players have won over 42,893 ETH in 2019, which is almost 7 million USD, with the biggest win of 54 ETH (around 8,700 USD at the time of writing). Fairspin, on the other hand, can.

In the growing online blockchain casino, which used to be called Fairplay, a lot of money is won every day. The website offers an insight into the amount of TPLAY tokens won in each game, with numbers sometimes reaching up to one million TPLAY. Since 1,000 TPLAY equals 1 ETH, the calculation is quite simple: that is more than 162k USD won in one game.

But you cannot win if you don`t play. If it’s the use of cryptocurrencies that keeps you away – if you don’t feel very comfortable using crypto for deposits – you can do it in Fiat. The platform uses the TPLAY as mentioned above, an ERC20 token, as a unique currency to track all transactions. This means that all transactions are stored on the blockchain, making the process extremely transparent and secure due to the immutability of the technology.

The top 3 single day wins of the past month:

1. $1,177 won by a player on December 19th, 2019.
The biggest single bet wins – $875 from an $8 bet in the Jack and the Beanstalk game.
The player paid out $1,122 the next day.

2. $999, won by a player on January 11th, 2020.
The biggest single bet won – $1,176 from a $12 bet in Warlords: Warlords: Crystals of Power.
Player withdrew $3,525 on the same day.

3. A player won $736 on December 25th, 2019.
The biggest single bet wins – $425 from a $2 bet in the Jewel Fruits game.
Player withdrew $2,145 the next day.

Whether or not you receive your payout is not in question – to reduce the risk of human error, malicious or otherwise, Fairspin uses a concept called honesty control, which includes using intelligent contracts to manage prize money. You can also check the casino’s account balance on the blockchain, so you don’t have to worry about whether they can transfer your winnings to you.

The games are licensed, and even if you use Fiat, your deposits are automatically converted to TPLAY, which means they can still be tracked on the blockchain.

Fairspin is only one year old, but it has already made a name for itself. This includes participating in the SiGMA iGaming Expo in Malta in November, alongside Trueplay and eGaming Curaçao, as an exhibitor. The event is considered to be of world-class importance for the betting industry, with more than 400 exhibitors and 15,000 participants from over 80 countries.

This comes on the tail of previous achievements, which include being nominated in the Rising Star category of both EGR Operator Awards and SBC Awards under the name of Fairplay.

The name change also has its place in the company’s vision: ” The new name – Fairspin – better represents what our product brings. Each spin in every game is recorded on a blockchain. This allows players to track all gaming stats and be sure of getting fair payouts,” said the Fairplay team.

 

More News

Paris Saint-Germain with surprising defeat against Reims

Paris Saint-Germain with surprising defeat against Reims

French champions Paris St.-Germain, plagued by injuries, have suffered a surprising defeat in Ligue 1. Coach Thomas Tuchel's team lost…

Online Casino News from Scandinavia

Online Casino News from Scandinavia

Norway wants to exclude foreign competition in online gambling and is reaping a drop in player numbers with tough measures.…

Casino Fraud: Prosecutor Prosecutes

Casino Fraud: Prosecutor Prosecutes

15 months after the casino fraud became known, the public prosecutor's office in Hof has now brought charges against the…

Atletico Madrid to host league match in Miami

Atletico Madrid to host league match in Miami

So far, Spanish football clubs have only played on American soil in preparation for the season. The Spanish league association…

EU teams are favourites for LoL Rift Rivals 2019

EU teams are favourites for LoL Rift Rivals 2019

Europe versus North America, LEC versus LCS. That's what the Rift Rivals 2019 in Los Angeles are all about, with…

Sport News: Barca's child prodigy astonished

Sport News: Barca's child prodigy astonished

Ansu Fati's goal against Inter Milan makes him the youngest goalscorer of all time in the Champions League. Can he…

The €77 Summer Cup with €30,000 GTD is coming to Banco Casino

The €77 Summer Cup with €30,000 GTD is coming to Banco Casino

The poker highlight of the month is on the programme at Banco Casino Bratislava from 24 to 28 July 2019.…

The WSOP Global Casino Championship in August at Harrah's Cherokee!

The WSOP Global Casino Championship in August at Harrah's Cherokee!

World Series of Poker officials have now announced the date for the 2019/2020 WSOP Global Casino Championship. From August 11th-13th,…

What does working at McDonald's have in common with eSport?

What does working at McDonald's have in common with eSport?

It was only at the beginning of the year that McDonald's Germany extended its partnership with ESL (Electronic Sports League),…

CPPT Main Event - Pateychuk wins, Heidorn fifth

CPPT Main Event - Pateychuk wins, Heidorn fifth

For those players who didn't have enough of poker after the WSOP, the $5,000 Main Event of the Card Player…

CS:GO - Renegades return to the island

CS:GO - Renegades return to the island

With the commitment of the entire Grayhound-Ruster, the eSports organisation Renegades returns to the world of Counter-Strike: Global Offensive. It…

The best online casino to play roulette

The best online casino to play roulette

Roulette, like Blackjack and Craps, can be found in any professional online casino. It is a classic casino game that…

LEC surprises are also missing in the second week
LEC surprises are also missing in the second week

G2 eSports and Fnatic have also lived up to their role as favourites in the second week of the summer…

OWL: Dragons get phase victory
OWL: Dragons get phase victory

Contrary to all expectations, the Shanghai Dragons will win the third phase and defeat the top teams of the league…

E-Sport News: CS:GO - Changes to some maps
E-Sport News: CS:GO - Changes to some maps

The new patch for Counter-Strike: Global Offensive mainly brings changes to several competitive maps. The latest update of Counter-Strike: Global…

WSOP Las Vegas: Tang skims first night's victory
WSOP Las Vegas: Tang skims first night's victory

Danny Tang wins a highly remunerated high-roller tournament at the WSOP in Las Vagas. This is his first WSOP victory…

Blizzcon 2019: Timetable - Big secret about the main stage
Blizzcon 2019: Timetable - Big secret about the main stage

The schedule for Blizzcon 2019  is set, and according to the program, all franchises, as well as Esport, will be…

Manchester City fights 1:0 in a rising star
Manchester City fights 1:0 in a rising star

English champions Manchester City have struggled to achieve a narrow away win in the Premier League. The defending champions won…

Greens demand ban on gambling now
Greens demand ban on gambling now

Lower Austria should take Vienna as a role model, demands Green Party leader Helga Krismer. She wants the so-called small…

E-Sports: PUBG Nations Cup Team Fixed
E-Sports: PUBG Nations Cup Team Fixed

Following the announcement of the PUBG Nations Cup, the line-up of the teams has now been published. A total of…

NBA:
NBA: "Greek Freak" outstrips legend

Giannis Antetokounmpo manages a triple-double in the victory of the Milwaukee Bucks over the Portland Trail Blazers. At the same…

GTA Online could now finally let you into the casino after 5 years
GTA Online could now finally let you into the casino after 5 years

In the online mode of GTA 5, GTA Online could soon launch a huge number. The opening of the casino.…

Mybetting Deals Tools

Surebet by BetBurger

Surebet by BetBurger

BetBurger is a service focusing on arbitrage bets, also known as sure bets. It turns sports betting into an investment.

Matched Betting by OddsMonkey

OddsMonkey

OddsMonkey offers matched betting services with features to enhance your profits with the best betting offers.

Live Sport Results and Statistics

Live Scores

Always keep ahead of the sports betting game with our real time results and statistics!

2000+ Free Slots

Play the best online slots and your favourites from the biggest developers for free right here!