Guide to Bitcoin Casinos
Bitcoin casino is the next big thing in the online gambling world and has made the life of the players way too easy. Crypto casinos offer players smoother and more manageable transactions and, at the same time, more privacy. With the help of this guide to Bitcoin casinos, we will try to understand the subject better.
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Before heading to a Bitcoin casino, knowing what Bitcoin is and how it works is essential. Bitcoin is a form of currency that exists digitally, and people can use that through blockchain. This mode includes transparent transactions and, at the same time, provides security.
For starters, users need to familiarise themselves with the currency and how to store it. Like people use wallets to keep money for any cryptocurrency, there are online, software, and hardware wallets.
So before starting to gamble, be it any type, it is essential for a person to look for the right place. They should only trust and put their money in place if it is verified fully. Individuals should do their research before taking part in anything.
Players must set up their Bitcoin wallet to begin a crypto casino transaction. After that, it will work as a digital vault for the players, and they can store all their cryptocurrency there. There are different digital wallets to choose from, and players can pick whatever aligns with their goals.
After setting up the wallet, players can purchase a Bitcoin cryptocurrency of their choice. Afterwards, they can transfer the currency to their purse for crypto gambling.
Finally, they can start playing games at the player’s choice. They can deposit Bitcoin in the casino account from the deposit section. After transferring the desired amount, players can play in that Bitcoin casino. Next comes the turn to look for games, including live dealer games, slots, slot-based gameshows, etc.
Then, they have to check for the Bitcoin casinos that offer players with provably fair technology because that is one way to ensure fairness in a game. These games work on an RNG engine; hence, there is a lot of transparency there.
Another great feature is that there are quick and easy deposits and withdrawals. They happen quickly and can be done from anywhere in the world. Other banking methods can slow the transactions; however, such is different with Bitcoin, as it eliminates this problem.
Players also have different promotions and bonuses depending on which Bitcoin casino they play. Going through these promotions and reading the terms and conditions is vital on a player’s end. By following a few of these tips, navigating the world of Bitcoin casinos would be easy.
Bitcoin Casinos Overview
Bitcoin casinos are amongst the fastest-growing sectors when it comes to online gambling. At the same time, they offer all users a unique and new experience compared to classic casino gaming. Many platforms have started accepting cryptocurrency globally, and it has advantages.
Cryptocurrency users have more secure privacy and do not have to share their details. The transactions are also made more accessible and quicker. There are many game options to choose from, which means that all players will have something to go for.
The online gambling industry is famous for offering users different themes in every game, hence why players play such games. Anonymity, once again, is the prime feature of Bitcoin casinos. Giving little information about yourself and still enjoying playing in online casinos, many players would love that approach.
Diversity of Games at Bitcoin Casinos
As said multiple times above, Bitcoin casinos have changed over the years and revolutionised the world of online gaming, and there could be many reasons for that. Firstly, it offers a diverse range of options to players in the context of games.
Every player has a different choice or theme, and it is essential to cater to that need. It is always good when various options exist, and users do not have to stick to certain things. When there are fewer options, people tend to shift to different things.
Slots
- Bitcoin casinos offer a significant variety of games, and the classic slots are one of them. There is no online gambling if slots are not mentioned.
- Slots work in the classic three-reel way, providing players with different themes and great graphics. Online slots are the most created games with the most theme options. There is a large variety, ranging from movie-based slots to TV show slots. Due to this, many fans are diverted towards these games as well.
- With this, the users get a lot to choose from, enjoy what they play and have a chance to walk away home with more money. Regarding slots, no complex rules or features are involved, so players do not have to learn much to participate.
Roulette
- After slots, there is another online casino game that is widely played and loved by all the players, the classic roulette game. The best thing about this game is there are few rules, and all players can play it easily. Bitcoin roulette games accept cryptocurrency and provide players with a better gaming experience.
- There can be some variants in Bitcoin roulette games, such as American, European or French roulette. The rules are similar in all these roulette games, but the RTP and house edge may differ with every version.
- Players can transfer using their crypto wallets and play from anywhere worldwide. Place their bets and let the white ball decide their fate.
Poker
- When it comes to traditional or online casinos, Poker holds a different space as it is possibly the oldest card game. There are also poker tournaments that are held where cryptocurrency is used. These tournaments have a risk-to-reward ratio and high stakes are involved.
- Poker has gained popularity since it collaborated with Bitcoin, and for many other reasons, players love to play this game. Bitcoin poker games like Seven Card Stud, Omaha, and the classic Texas Hold’em are some of those games to choose from.
Blackjack
- No wonder people love the entry of Bitcoin in the casino industry as there is no difference in the games, and their process of deposits and withdrawal has become more accessible.
- Just like the usual blackjack game, the Bitcoin blackjack works the same way. Players have to beat the dealer when playing this game, and their hand value should be close to 21 and, at the same time, not extend it.
- With different Bitcoin casinos, these platforms have different types of blackjack games. Games like classic blackjack. European blackjack, etc. These platforms allow players to play on multiple platforms, such as tablets or smartphones.
Baccarat
- Another classic card game is Baccarat, which goes a long way and has finally found its place in Bitcoin casinos. It gives players their best opportunity to enjoy a game.
- The gameplay is similar to the regular game, and the players follow the usual rules. The game’s goal is identical, and the users have to bet on the outcome and predict one of the three options between the banker, the player and a tie.
- A few Bitcoin casinos also give an option of a live dealer for Baccarat, and the live dealer runs the game, giving the users a real-life casino experience and what it means to play with a real dealer who is taking care of the game.
Crash Games
- This genre of online casino games is relatively new and picked up its growth in 2021. Crash games were the first game types to start accepting cryptocurrency in the casino industry, and they changed the opinion of the whole world. Clubbing crash games with Bitcoins has brought many people to this world.
- Crash games work in such a way that there is no possible way to predict the game’s outcome; it starts with a 1x multiplier and proliferates. The user has the power in their hands and may decide whenever they want to cash out; however, they must make this decision immediately as a crash might happen instantly. If a collision occurs, the players do not get anything in return.
Live Casino Games
- Last but not least are the live casino games. They are already an exciting way of gambling, and they change the whole game when clubbing with Bitcoin casinos. Live games help players take part in the game and not just sit there like spectators. They also come in a variety and give the users a taste of real-time interaction.
- The same is true with live Bitcoin casinos; they include many games with live dealers who run the game. They communicate with players, which brings a further personal approach to an individual. The live games could include most of those mentioned above, i.e. poker, baccarat, and roulette.
Pros Of Bitcoin Casinos
Bitcoin casinos have gained popularity because of the use of cryptocurrencies. There can be many advantages to that, and it offers the users a range of services. Due to its growing popularity in the online gambling sphere, it is essential to know the benefits of Bitcoin casinos, so without further ado, let us look at its pros.
Fast Deposit and Withdrawals
One of the best aspects of Bitcoin casinos is fast deposits and withdrawals. Convenience is one thing people want in this world of online gambling, and they are getting this speed through cryptocurrency.
Traditional casino withdrawals can be lengthy and depend on what kind of withdrawal the user is asking for. It takes time to get to the user’s bank account and may take up to a few days on holidays. However, Bitcoin withdrawals happen quickly, and within 10 minutes, people can get the money in their accounts.
This fast withdrawal can help those players who want to reinvest that money. Another essential feature is 24/7 availability for these transactions, even on holidays. This feature gives players mental stability that all transactions regarding money will be smooth and easy.
The transaction fee is also less for Bitcoin transactions than a regular bank payment.
Anonymous Play
Another distinctive feature provided by a Bitcoin casino is anonymous play. It allows users to share their platform without giving much of their information, which is impossible in a classic casino. A complete verification is done before players can play in a regular casino.
Bitcoin casinos offer heightened privacy for players, who can use their platform without sharing much private information. However, traditional casinos would want all the user’s details, from their address to their name.
A further anonymous approach can be that the users can create Bitcoin wallets that are not connected to them in any sense and bear no personal information. Hence, they can use these wallets to play untraceable in the casino.
Since there is not much to give from the player’s end, the account set-up process can also be quicker.
Security & Privacy Measures
Security is a paramount concern, be it in any field, especially in gambling. Therefore, responsible gambling is mentioned at all casinos and games, as these issues can come from any end.
Bitcoin casinos pay special homage to security and privacy measures; hence, they take essential steps in this case. They add a specific improved layer called SSL (Secure Socket Layer) to protect the data between the casino and the user.
There is also another option that some casinos use: cold storage, where they store some of the user’s deposits. Two-factor authentication is also a good thing to keep the account safe, as it has an additional protective layer, and only the actual owner can access the account.
How To Choose A Bitcoin Casino
Choosing the right platform to play is necessary when money is involved, as people are likely to get scammed. That can be done in various ways. Hence, a user would want the casino to use fair and secure practices.
Licensing is one of the essential things that players should focus on when checking about an online casino. It is always good to know how their customer service is through a quick Google search. If they are willing to solve the problems of their existing customers, then only then will they entertain their new customers.
A good casino offers regular promotions and bonuses; hence, players should also keep that in mind and make comparisons as to who is giving the best offer in the market. A Bitcoin casino may differ from a normal casino in many ways and it is important to find the differences amongst them.
License to Operate
A reputable license is the most important thing for a player to look for when gambling online. A license is a certificate from an authentic regulatory body implying that this casino uses and sticks to the rules and regulations.
A casino must have a license as it is essential to maintain the integrity of the gambling industry while protecting the players. A fully licensed casino would provide players with fair gaming, protected transactions and a safer environment.
If a casino has a legitimate license, then more players would be down to play at that very casino. There would be transparency there amongst the players and the casino. If there is a severe dispute between the casino and the player, this licensing body solves it.
Quality of Customer Support
Be it any business, the quality of customer support is essential, and it goes a long way. Whenever a user tries to reach customer support, most have an issue and are angry. It is the job of the person working in the business’s customer support to handle the situation.
A good Bitcoin casino will offer their users easy options to communicate with the customer team such as live chat, email or maybe through phone. However, a lousy casino in this regard will mention a different approach for users to reach them.
The quicker the customer support is, the happier the user will be. When their query is solved, they will pass on a good message to different peers. Since Bitcoin casinos work 24/7, so should customer support.
Bonus Deals and Loyalty Rewards
Another integral part of online gambling is getting promotions and loyalty bonuses. Every casino platform offers their players bonuses for which they can either start gambling on that platform or use it to bolster their existing income.
The first bonus that every online casino offers are for new players. The welcome bonus is given after the user makes an initial deposit and helps players start with extra funds. There is also a daily free spin wheel in some casinos, which can help users land lots of spins and even win real money.
There is also a no-deposit bonus; however, it may not be in every Bitcoin casino websites, but it offers the players a bonus without depositing any money. They might be small as they are for free because the casino also wants to avoid unnecessary loss.
Another wheel offers players a unique spin despite using the free spin and is obtained after they have another deposit. Cashback offers exist and can range from casino to casino.
Customer Reviews
This is very similar to customer support and correlates with each other. Why wouldn’t a user praise the Bitcoin casino if there is good customer service, great promotions, and a good collection of games? If it lacks anything, then it is a different story.
Customer reviews matter, be it in any business, and a person who does not know the business nowadays looks over the reviews left by other customers before making any decision. If they feel they are facing the same problems, then there is no point in investing in that.
Online Reputation
This is very similar to the previous point, and if all of the Bitcoin casino’s services are on point, they should not worry about their online reputation. However, it is essential and is the main reason new people come and existing customers stay.
A lot of it also depends on how the companies market themselves for casinos; many sponsor bitcoin sports betting sites and are at the forefront of their kits, bringing more players to their platforms as these clubs have a serious fan following on a global level.
Game Variety
Lastly, it comes down to the types of games these casinos offer. Having briefly described it above, Bitcoin casinos have the same kind of games available in traditional casinos. Everything is available, from crash games to live game shows, slots, and cards.
The online gambling industry is vast, and there are so many players out there. Everyone has a different taste or genre, and it is hard to cater to everyone’s needs.
Bitcoin Casino Bonus Offers and Rewards
All Bitcoin casinos offer rewards and bonuses to their players, be they existing or new players. The company gives These rewards as a token of thanks, and the users love it. Bitcoin casinos have the same procedure and often treat their players with different kinds of bonuses.
So, let us review all the Bitcoin casino bonus rewards types.
Signup Bonus
The most common bonus available in every casino is the signup bonus. It is available only to all the new customers, who can avail of this kind of bonus only after they have made a deposit.
After depositing a certain sum of money and using that money in bets, the players are given some free bet money from the casinos. This is done to provide them with a head start. Every casino has this offer be it traditional or a Bitcoin casino.
Matched Deposit Bonus
A matched deposit bonus is a promotion given to Bitcoin casino games where the casino matches the player’s deposit with a specific bonus amount, often displayed in percentage.
So hypothetically, if it says 100% matched deposit bonus when a deposit of £100 is made, the casino would return £100; hence, the total would be £200. However, at times, a maximum bonus amount limit is imposed, and no matter how much an individual deposits, the casino will only return a certain amount.
Free Spin Bonus
The free spin bonus is offered by several Bitcoin casinos, which allows the players to spin a wheel daily and obtain the rewards for free. These rewards can include further free spins in slot games, real cash, or getting nothing.
Free spins are often used in certain casino games, and players cannot use them anywhere else. These bonuses can be an excellent way to keep the players engaged as they are available once every 24 hours, and players will log in daily to obtain these.
Cashback Bonus
A cashback bonus is a promotion where players get something back on their investment. Casinos can give Cashback bonuses differently, and Bitcoin casinos provide them over a player’s net losses in a period.
If a player loses regularly, the cashback will apply to their losses. These cashbacks are based on percentages ranging from 5% to 20%. These bonuses could be on a monthly and weekly basis.
Wagering requirements may apply to cashback bonuses, so players should bet the cashback amount before withdrawing it.
VIP and Loyalty Offers
Now, this is something that every casino might not offer in the realm of Bitcoin casinos. These are the VIP and loyalty offers made for players on the same platform for some time.
VIP bonuses can be of different levels depending on how much that individual has contributed to the platform. The loyalty points are collected over time; the more they are, the bigger the perks.
These loyalty points are attained by how much a player bets and how frequently they do it. Different platforms and games may have different loyalty points. These points contribute to a player’s VIP level and can be used for other rewards.
This kind of bonus is not available to everyone and has its exclusivity. Free spins, cashback bonuses, and matched deposit bonuses could be examples of their sub-kind. When the players reach higher levels, these bonuses get a definite increase.
FAQs
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What is a Bitcoin casino?
A Bitcoin casino is a casino that accepts the user’s payment in cryptocurrency.
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Are Bitcoin casino transactions secure?
Yes.
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What games do Bitcoin casinos offer?
Typically, Bitcoin casinos offer all the games available in standard casinos.
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What types of bonuses do Bitcoin casinos offer?
vThey offer a bunch of bonuses such as sign-up bonuses, free spin bonuses, no deposit bonuses, and VIP and loyalty rewards.
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How can I practice responsible gambling at Bitcoin casinos?
Set a fixed budget, use an income that can be disposed of, and use the self-exclusion option if necessary. Also, players should know the games in order to perform well and strictly avoid chase losses.
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Are Canadian Bitcoin casinos accessible via VPN?
It can be ambiguous as it is between the VPN provider and the casino. Usually, casinos use geolocation to determine a player’s location, and players might get recognised even with a VPN on. So it is essential to look over the regulations beforehand.
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What future trends can we expect at Bitcoin casinos?
The use of cryptocurrency in more of the traditional casinos. Creation of new crypto games and a growth of decentralized casinos.