A Deep Dive Into the History and Evolution of Crash Gambling

Crash gambling has evolved from a niche experiment to a significant force in the online casino industry. One great example of the growing popularity of crash games is the success of Spribe.

In just the first ten months of 2022, Spribe’s user base skyrocketed by an impressive 450%, jumping from 0.44% to 2.43%, as reported by Casino Days. 

In this section, discover the exciting history and evolution of crash gambling throughout the years and the developers who created this game.

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Highlights of the Article

  • The rise of crash gambling began in the mid-2010s with pioneers MoneyPot and Bustabit, who laid the foundation for this new genre.
  • In July 2014, Eric Springer introduced the game MoneyPot, with several hundred BTCs already going through its interface.
  • After Springer announced the game, users played it 250,000 times in September 2014, demonstrating a high level of engagement.
  • According to Alex Weldon from Bonus.com. After Eric realized that keeping the game requires substantial resources and dedication, he sold it to Ryan Havar.
  • In 2018, BC Originals’ Crash and Stake’s Chartbeat played a remarkable role in the popularity of Crash games, which have become an iconic feature in the gaming industry. 
  • During Daniel Evans’s management, Crash Games expanded its presence beyond crypto casinos
  • In February 2019, Aviator’s unique aesthetic flair opened new doors for creative design possibilities in the crash gambling genre.
  • In 2019, crash gambling gained popularity on streaming sites like Twitch and YouTube, thanks to influencers like Adin Ross and Steve Will Do It.

Exploring the History and Evolution of Crash Gambling

history of crash gambling

Crash gambling has emerged as a groundbreaking concept in online gaming, gaining immense popularity among the crypto community over the last decade. 

Initially introduced on platforms like MoneyPot, this genre of casino games has seen significant evolution and now offers a distinct combination of entertainment and transparency.

Over the years, it has become a popular option for online gambling enthusiasts due to its thrilling and straightforward gameplay, attracting both novice and experienced gamblers.

Here’s an overview.

YearHistory
2014Eric Springer launched the crash gambling game known as “MoneyPot.”
2015Ryan Havar purchased MoneyPot and rebranded it as BustaBit.
2018Daniel Evans took over BustaBit.
2018Crash games gained mainstream traction with titles like BC Originals and Chartbet by Stake (now Crash by Stake Originals).
2019Crash gambling became popular on streaming platforms like Twitch and YouTube.
2023Crash gambling has become one of the most widely enjoyed online games globally.
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Helpful Articles

Online gambling has come a long way, from simple Slot simulations to Crash gambling games utilizing crypto transactions.

Exploring the history and developments in the online gambling world is key to understanding how a title like Crash became as big as it is now.

2014 – Moneypot is Born

MoneyPot Crash Game

In July 2014, Eric Springer (also known as “espringe”) introduced the game of Crash Gambling on the Bitcointalk forum. He called the game “MoneyPot.”

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Fun Fact

Eric Springer is a passionate Canadian developer in Mexico who created Moneypot focusing on Bitcoin.

Springer had a revolutionary idea for creating a game that would offer uncomplicated fun to its players while concealing an incredible amount of promise.

Before the launch of the Bitcointalk thread, Crash was under development for a considerable amount of time. However, during that period, the concept was already proven viable, with several hundred BTCs already going through its interface.

Despite its barebone chart line design, the game had solid betting automation features, Provable Fairness, and a remarkable 1% House Edge, which made it popular among players.

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Fun Fact

During the game, Springer mentioned multiple times that he had been using his savings amounting to 77 BTC to keep the fun going.

To ensure that everyone could play and that the game grew in popularity, Springer kept working on it by listening to his loyal players and even sending some “bits” to get them to start playing.

In September 2014, Crash Gambling achieved significant milestones, gaining 250,000 plays, indicating high engagement levels. Crash also saw 1,750 users bet over 180 BTC, signifying its popularity among crypto gamblers. 

Given the game’s success, MoneyPot implemented a Provably Fair System based on a seeding event of future BTC blocks to shift the game onto a completely Provable System of game crashes.

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Fun Fact

Modern Crash games like Crash by BC Originals still use seeding events to ensure players have complete transparency.

2015 – BustaBit Takes Over

BustaBit Crash Game

In 2015, Eric Springer decided to sell his creation, citing that running and maintaining a game like MoneyPot needed a lot of resources and hard work, as explained by Alex Weldon on Bonus.com. 

Managing a game like this on his own was more challenging than Eric thought, so he handed it over to Ryan Havar, a member of the Bitcointalk community.

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Side Note

Ryan Havar was a crypto community member to whom Springer transferred ownership of his game. Following the change in ownership, Havar rebranded from Moneypot to Bustabit and relocated it to a new site. 

Despite the change in name and location, Bustabit retained the same operational model as MoneyPot during Havar’s ownership from 2015 to 2018.

During Havar’s era, MoneyPot underwent a successful rebranding campaign and transformed into BustaBit, bringing innovative features and capabilities.

Over the subsequent years, BustaBit operated smoothly, experiencing notable success as a prominent “social gambling game.”

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Pro Tip

Would you like to experience the fun of casino games without risking any real money? Social Casino Games are perfect for you!

What’s New on Bustabit During Havar’s Management

Bustabit, under the management of Ryan Havar, had introduced several new features:

  • No More Bonus – They took away bonuses and instant busts to make things fair for everyone. Most players didn’t care about the bonus, so they eliminated it.
  • Investing in the Game – Now, anyone can invest to share the wins and losses. They charge a bit to fund the game and pay for stuff.
  • Bigger Bets – You can win up to 1% of the game’s money in one round. They removed the bet limit, so you can bet as much as you want. Big players can now make even bigger bets.
  • Quick Deposits – Pay a small fee, and you can start playing immediately without waiting for your money to be confirmed.
  • Easy Withdrawals – They made it private and cheap to take your money out. You can even choose a slower way to save more on fees.
  • Friends and Messages – Players can add friends to your list and send them direct messages.
  • Script Editor – People who make scripts can share them more easily now. It’s safer, so bad hands can’t mess up your browser.

2018 – Havar Sells BustaBit

Ryan Havar, the person running BustaBit, passed it on to another crypto developer named Daniel Evans.

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Side Note

Daniel Evans, a cryptocurrency developer, took over ownership of BustaBit from Ryan Havar in 2018 and has managed the company since then.

Since then, Evans has been in charge and made a few changes to the game. 

What’s New?

Daniel Evans removed the bonus system and allowed outside investors to help fund the game and share in the profits.

In the most recent developments, Crash has extended its reach beyond cryptocurrency casinos and entered the arena of non-cryptocurrency casinos. 

Major platforms like LeoVegas have taken a proactive approach by creating categories dedicated solely to these crashing games, signaling players’ growing interest and engagement.

While the adoption of crash games in the international market was swift, the US needed to seize the trend. DraftKings’ Rocket entry into the US market in 2021 opened opportunities for similar games to gain traction among players.

2018 – The Surge of Crash Games

BC Originals Crash Game

Crash by BC Originals and Chartbeat by Stake (now Crash by Stake Originals) helped Crash games surge in the mainstream, becoming iconic due to the casinos’ commitment to fairness and responsiveness to player feedback. 

Their success was pivotal in popularizing the genre, making crash games ubiquitous in cryptocurrency and traditional online casinos.

The games evolved into genre icons with solid community support, offering advanced betting automation features and a House Edge of 1%.

Aviator Unlock the Doors of Designed Crash Gambling

Aviator Gameplay GIF

In February 2019, the Crash gambling genre experienced a notable addition with the introduction of Spribe’s Aviator, which contributed to the Crash game’s mainstream popularity.

Aviator quickly gained cult classic status, bringing a fresh perspective to the existing concept by incorporating an airplane design, immersive sound effects, and a convenient “instant play” free demo of the game.

Aviator added a unique aesthetic flair and opened new doors for creative design possibilities within the crash gambling genre.

Roobet Casino also made significant strides in the evolution of crash gambling. The Roobet Crash Game was launched in 2019 and has since maintained its popularity.

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Did You Know?

Regarding online crypto casinos, Roobet is often considered a top choice. However, it’s important to remember that there are alternatives to Roobet.

These alternatives offer different options regarding accepted cryptocurrencies, payout times, minimum deposits, and restricted countries.

For instance, BetOnline is known for accepting a more comprehensive selection of cryptocurrencies than Roobet. 

2019 – Crash Gambling Becomes Big on Streaming Platforms

Crash Gambling Mainstream

Crash gambling has gained popularity on streaming sites like Twitch and YouTube, thanks to influencers such as Adin Ross and Steve Will Do It.

If you look at videos on YouTube, you’ll see a player winning big money from crash gambling. On Juicy’s YouTube channel, he turned $10 into more than $3,000 in just one round of the game!

The State of Crash Gambling in 2023

2023 sees Crash take the world by storm with its highly addictive gameplay that relies on chance. The game’s simplicity quickly hooks players, developing an attachment to the gameplay.

Various factors, such as accessibility, generous bonuses, social connections, effective marketing, and continuous innovations, contribute to the game’s popularity.

Experts predict that the global crypto market, valued at $864 billion, will fuel the growth of Crash gambling sites beyond 2023, gathering thousands of players.

For example, in 2022, Aviator recorded around 1.434 million impressions, with an average SERP position of 6.11 and an average CTR of 2.11%.

The Crash Gambling Boom

Crash gambling has gained popularity due to its unique combination of thrill and potential for explosive bonuses in the Crash Game.

The story of Crash Gambling’s rise began in the mid-2010s with MoneyPot and Bustabit, two pioneers who laid the foundation for this entirely new genre. 

These early platforms introduced the concept of social gambling, allowing players to bet on the same event simultaneously, creating an atmosphere of shared excitement and anticipation.

From these humble beginnings, Crash gambling grew rapidly. It spread to numerous websites, including CS: GO gambling sites, where players wagered on the chance to win virtual skins and gear. 

Playing Crash to Win Virtual Gear

This period, between 2015 and 2017, served as an incubation phase, exposing the game to a broader audience and attracting the attention of developers who created open-source versions of games like Bustabit.

However, this rapid growth also brought challenges. Shady casinos emerged, offering unfair game versions designed to exploit players. 

This development led to a crucial shift around 2016. The term “Crash gambling” solidified, and the focus shifted towards ensuring transparency and fairness within the game.

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Quick Tip

Before playing the game Crash online, consider checking Crashino’s license first.

In this link, discover the essential elements a gambler should consider before playing the game.

Today, Crash gambling has matured into a thriving industry. Crash is embraced by the world’s largest casinos, offering a unique and engaging experience fueled by simplicity and the allure of potentially massive wins.

Most importantly, the industry now prioritizes fairness, transparency, and safety to create an enjoyable environment for all players.

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Side Note

To ensure fairness and prevent cheating in casino games, a “provably fair” system has been implemented. This system allows for safe gambling with cryptocurrency.

Crash Gambling’s Evolution

Crash gambling has become a thrilling and engaging online betting, capturing players’ interest due to its exciting gameplay and the possibility of scoring significant wins.

As time has passed, crash gambling has changed, introducing fresh features and embracing innovative trends to elevate the player experience. 

This article delves into the evolution of Crash Gambling websites, taking a closer look at the novel features and trends that have reshaped this online betting category.

Provably Fair Systems Get Integrated into Crash

Crash gambling has significantly progressed by incorporating provably fair systems. These systems ensure transparency and fairness in gameplay by leveraging cryptographic algorithms. 

Provably fair systems have become a cornerstone of online gambling. Through this, players can validate each game’s outcome’s fairness, promoting transparency and verifiability. 

This section examines how provably fair systems work in crash gambling.

Transparency and Verification

In the early stages, transparency was a considerable concern in crash gambling. The introduction of provably fair systems has revolutionized transparency. 

Now, players can independently verify the fairness of each game, thanks to transparent algorithms and methodologies. 

Seed Generation

Over the years, there have been concerns about the fairness of the crash game, as the randomness of its outcomes has been questionable, and there needs to be more control over seed generation. 

However, advanced seed generation has been introduced, combining a random server seed with an encrypted player seed. This factor ensures that the unpredictability of Crash game outcomes is maintained.

Publicly Available Information

In the past, players had limited information about how crash games operated, creating a mystery.
However, a new era of transparency has emerged with the advent of Provably fair systems.

Platforms that use these systems provide access to all relevant information available to the public, including server seeds, player seeds, and algorithms.

Verifiability of Game Outcomes

In the early days of the game Crash, it took a lot of work for players to verify the fairness of game outcomes since they had limited control over the process. 

However, over time, players have gained the ability to ensure the fairness of Crash games by conducting their calculations using the information provided with the platform’s announced outcome.

Independent Auditing

Before, there was little independent auditing for gambling platforms, which led to concerns about the fairness of crash games. 

Fortunately, some platforms have implemented third-party auditing services to validate their provably fair systems. 

This external validation ensures the plans adhere to specified algorithms and processes, increasing confidence in these games’ fairness.

Building Player Trust

Player trust was a fragile element in crash gambling. Lack of transparency and verifiability contributed to skepticism among players.

To address this issue, provably fair systems have played a crucial role in building trust.

Ensuring Fairness in the Long Run

Fairness in gambling has been a long-standing concern, with worries about game results being subject to manipulation and predictability. 

However, cryptographic guarantees offered by provably fair systems ensure fairness in individual game outcomes and the long run.

The gaming environment is consistently fair and unpredictable, utilizing advanced algorithms and random seed generation.

Customizable Gambling Strategies

To cater to the user base demand, Crash sites have introduced customizable betting strategies, allowing players to set specific rules, like automatic cash-out thresholds or unique betting patterns, based on the risk and reward they want. 

This customization allows players to shape their betting strategies to match their styles and preferences.

Here’s more detail about customizable betting strategies:

Automatic Cash-Out Thresholds

Before, players had limited control over their games and could not set automatic cash-out thresholds to secure their profits or minimize their losses at specific points in the game.

However, players now have more control over their games by setting specific cash-out levels, allowing them to secure their profits and manage their risks.

Manual Cash-Out Option

Manual cash-out was a standard feature that allowed players to make strategic decisions when Crash was new.

This feature is still available nowadays, allowing players to maintain control over their funds.

Progressive Betting Patterns

Players had limited options to adjust their bet amounts based on specific rules, hindering strategic adjustments in response to changing game conditions.

Over the years, this feature was enhanced, allowing players to change their bet amounts based on specific rules.

Stop-Loss Limits

Players could not set automatic stop-loss limits on Crash, which could lead to significant financial losses during an unlucky streak.

However, a new feature has been introduced, allowing players to set limits that automatically stop betting after a predetermined number of losses.

Simulation and Backtesting Tools

Simulation and backtesting tools were unavailable in the early days, preventing players from testing their strategies.

Over the years, this tool has become available on some platforms, enabling players to test their strategies using historical game data.

Personalized Betting Profiles

Previously, players had to adjust settings manually whenever they wanted to apply their preferred strategies.

However, some platforms have now introduced personalized betting profiles, allowing players to save and load their betting profiles.

Advanced Risk Management Options

Initially, this feature was restricted and did not offer the ability to customize strategies with advanced risk management features to regulate bet sizes and reduce potential losses.

However, it has been improved over the years by adding customizable strategies that include advanced risk management.

Now, users can adjust game volatility and implement specific plans to control their bet sizes.

Strategy Sharing and Community

Players require ample opportunities to share their strategies and discuss approaches with the community when a game is new. However, some platforms now prioritize strategy sharing and community engagement, allowing players to exchange strategies, discuss approaches, and learn from each other.

By letting players customize their betting strategies, crash gambling platforms allow them to play how they want. 

This aspect adds a personal touch to the gameplay, making it more flexible and strategic. It also creates a community where players can share ideas and enhance their gaming experience.

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Quick Tip

When playing Crash, players often use different strategies to gain an advantage. One such strategy is the Martingale Strategy. 

The betting strategy entails doubling the wager after each loss to recover previous losses and ultimately make a profit.

Social Features and Multiplayer Modes

The way people play Crash gambling has taken on a whole new vibe thanks to the addition of social features and multiplayer modes. 

Now, players can talk to each other, share experiences, and compete in real-time. It’s like a community of players having fun together.

Here are some cool social features and multiplayer modes you’ll find in crash gambling platforms nowadays:

  1. Real-Time Chat
MoneyPot Chat Box

Real-time chat in gaming has advanced over the years, but it was previously limited, which hindered players’ ability to interact with each other.

Nowadays, some gaming websites enable players to share their stories and strategies, creating a sense of community within the gaming platform.

  1. Leaderboards and Competitions
BC Original’s Leaderboards

Leaderboards have been absent or less emphasized in Crash Gambling, reducing the competitive aspect and recognition of top-performing players. 

Throughout the years, platforms have introduced leaderboards that display the best players, which sparked friendly competition among players who aim to climb the ranks and achieve top scores.

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Side Note

Leaderboards are an overlooked aspect of gaming events.

In Slot Tournaments, the simultaneous leaderboards are an essential tool players use in real-time to determine their standings.

  1. Friend Lists and Social Connections

In today’s Crash, players can make friends and connect with others on the platform. Send private messages, track each other’s progress, and share the gaming experience.

  1. Private Game Rooms

When Crash was new, players didn’t have the option to create private game rooms.

Nowadays, it’s possible to set up exclusive spaces for crash gambling, adding a social and personalized touch to the experience.

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Side Note

Private game rooms have been around in casinos since the early days.

Casino de Monte-Carlo, one of the first casinos in the world,  offers these rooms to high-stakes players, providing them with privacy and space.

  1. Multiplayer Games and Tournaments

A new feature in Crash allows players to compete with each other in real-time games, with some platforms organizing tournaments where players can win prizes and recognition.

  1. Interactive Emotes and Reactions

Players can now use interactive emotes and responses during games to add a fun and graphic element, making the gaming experience more exciting and enjoyable.

  1. Spectator Mode

A new feature was added in the crash, enabling players to watch ongoing games, learn from others, and enjoy the gaming spectacle even when not actively participating.

  1. Social Media Integration

Social media integration with gaming platforms was rare, resulting in a need for more sharing of gaming experiences and excitement.

Crash has now introduced a new feature that enables players to share their victories and memorable moments on popular social networks.

The social and multiplayer features turn Crash from a solo activity into a social and interactive experience. These features make crash gambling more fun and exciting for everyone involved.

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Side Note

The social features and the community behind gaming are among the most important factors the platforms provide its user base.

This factor is why sites like Twitch.tv gain around 2.83 million average concurrent viewers annually. Followers enjoy interacting with the gamers and their co-viewers in real time in the chatbox.

In-Game Challenges and Achievements

Crash gambling platforms make the game even more interesting by adding new features, in-game challenges, and achievements. 

These challenges give players extra goals to aim for, and when they achieve these milestones or complete particular tasks, they earn rewards and recognition. 

This feature makes playing the game feel like an adventure, adding extra excitement and motivation to improve the overall experience.

Live Streaming and Spectator Mode

Adding live streaming and spectator mode has made crash gambling even more exciting. Here’s a simple overview:

Live Streaming

Initially, live streams used to be one-way broadcasts hosted by the platform or streamer. 
However, this feature has evolved significantly, and live streams have become the center of community building.

Viewers can now chat with the streamer and other viewers, fostering a sense of community, and streamers can now earn money from gaming.

Spectator Mode

Spectating allows players to watch ongoing games for free and learn from others for entertainment or to make smarter betting choices.

Cryptocurrencies Become One With Crash Gambling

Cryptocurrency in Online Gaming

The global reach of cryptocurrencies has unlocked fresh opportunities for crash gambling platforms, drawing in players who may encounter barriers with traditional payment methods.

Crash gambling platforms are now facilitating the use of digital currencies for transactions, capitalizing on the ascending popularity of cryptocurrencies.

Renowned for their expeditious, secure, and private transactions, cryptocurrencies seamlessly align with the dynamics of online gambling.
This seamless integration provides players with enhanced flexibility and convenience in managing their funds, further enriching their gaming experience.

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Helpful Articles

With this introduction to blockchain casinos, it’s essential to learn the intricacies and mechanics behind how one can gamble using Bitcoin.

Exploring the guide can help players enhance their gambling experience and avoid breaking their bankroll.

Smartphone Portability and Optimization

In the early days of crash gambling, players mostly used desktop computers. However, as mobile devices became more popular, Crash gambling platforms had to adapt to keep up with the trend. 

The game evolved from clunky desktop experiences to sleek, accessible mobile apps and responsive web designs.

Today, Crash providers and developers have enhanced their games to function flawlessly on mobile devices in response to the growing popularity of mobile gaming.

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Fun Fact

55% of mobile gamers in the US are women, and 45% are men, according to 2021 studies.

Players can now easily play Crash on their mobile devices through apps or responsive web designs, guaranteeing a convenient and accessible gaming experience and enabling them to play anytime and anywhere.

Final Thoughts

The journey of Crash Gambling from its inception to the creation of games like MoneyPot has led to its evolution into a vibrant industry that continues to captivate enthusiasts.

Crash gambling has emerged as a noteworthy contributor to the online gaming landscape in its ongoing evolution. 

The future promises continued expansion, innovation, and excitement for developers and players, marking it as a significant and enduring presence in the gaming world.

FAQ

How old is crash gambling?

Crash gambling has been around for nine years now. The very first crash gambling game, known as MoneyPot, was introduced online back in 2014.

How did gambling exist in the ancient world?

Gambling existed in the ancient world through various games of chance played in civilizations like Ancient China, Greece, Rome, India, Egypt, Mesopotamia, Persia, and Japan.

What is the history of gambling in the philippines?

Gambling in the Philippines has roots in ancient traditional games, but its modern era began with a state lottery during the Spanish colonial period.