With striking technological advancements in this digital age, Bitcoin has made its mark as a valuable form of digital currency. In the world of online casinos, most gamblers are not familiar with cryptocurrency gambling sites and are quite apprehensive about using a Bitcoin casino
With current global trends, however, gamblers are slowly warming up to the fact that Bitcoin gambling is an inevitable reality. The number of online casinos that are accepting the cryptocurrency as a method of payment and gambling is rapidly growing and many are rewarding their players for using it.
Key Elements Of A Bitcoin Casino
With so many online casinos that accept Bitcoin now available, gamblers are spoilt for choice and finding the right one can prove to be more difficult than anticipated. The most important elements that gamblers must take cognizance of when choosing a platform to play on are highlighted below.
Wide Variety Of Games
It is absolutely necessary for a Bitcoin casino to showcase an excellent library of gaming entertainment for its players. Players love to explore new casinos and nothing lures new players to a platform more easily than a wide array of fantastic entertainment options that will keep them happily occupied. Ultimately, online casinos must have a great variety of games to suit the different tastes of its diverse clientele.
With modern technology advancing at an unrivaled pace, sites must have compatible casino software for their players. Many gamblers choose to use their smartphones or tablets when gambling online, and, therefore, the software on the platform should be optimized for use on Android, iOS, PC, and Mac devices.
Bonus and Promotion Offerings
In order to attract and retain players, platforms should offer meaningful incentives such as bonuses and promotions to ensure that people play. Attractive Welcome Bonuses and regular No Deposit bonuses will work wonders in setting Bitcoin casinos above their non-crypto currency competitors. Players must have a reason to stay at the casino and continue playing.
Many players who use BTC are particularly fond of playing Slots, and so Free Spins would be a very exciting type of bonus to keep them satisfied. Casinos will also earn great favor by offering cashback offers and reload bonuses to their players. Additionally, they could introduce tiered statuses to reward those players who spend more of their time and crypto at the casino.
Efficient and Proactive Support
An ideal crypto casino platform has open channels of communication with 24/7 support across live chat, email, and even phone for its players. This will help them to feel at ease and to reassure them that should they need any assistance, support is close by.
Reliable Gaming Software
A great way for a Bitcoin casino to earn the trust of their players is by providing reliable gaming software. A solid and dependable platform clearly indicates to the players that it wants to offer the very best gaming experience to its clients.
Fantastic casino software usually includes reliable tools that enable the site to function efficiently and makes the overall operations more secure, including payments and affiliation. Always look out for providers that use NetEnt, MicroGaming, and Pay’n Go as these are reputable online casino software providers.
Highlight Provably Fair Gaming
One unique feature of BTC gambling platforms is Provably Fair games such as Bitcoin Dice. Not all casinos that accept BTC offer Provably Fair games, so they must make a special effort to create a unique product for their players. Provably Fair games give players the power to manually verify the authenticity and fairness of the game results. This incredible feature creates transparency for the site and illustrates to their players that the games are not rigged.
BTC Casino Features
For new players to make an informed decision when choosing a platform to play on, they must analyze the following features.
Players must ensure that there are no inherent restrictions to playing at that Bitcoin casino. They must be able to access the site and register an account without any hindrance.
Some internet-based casinos restrict players in specific countries from signing up. Additionally, certain software providers do not allow their games to be accessed from particular locations. The onus is on you to check that you are indeed entitled to register an account and play at that particular casino.
Players need to conduct some research into the gambling platform to ascertain if it will meet their expectations. It is wise to delve into the history of that particular operator to learn more about their credibility and reliability.
Site reviews from fellow players are very useful in gauging the house’s popularity by reading through the feedback they leave. Comments from first-hand users are especially telling as they give you honest insight into the operations of the casino. If you find a pattern of negative comments, it is a clear sign that you should explore another site.
Online Gaming License
Although an online gaming license is not always required, it is helpful for a Bitcoin casino to have one to create peace of mind for their clients. The online gaming license makes it legal for the platform to operate. Some BTC gambling sites are licensed through countries like Costa Rica and Curacao, and may not offer full protection for their players.
Players who want added protection must look for providers who are licensed through trusted jurisdictions such as the UK, Isle of Man, and Malta. The regulatory bodies from these countries have stringent requirements that ensure that your personal and financial information is secure.
Furthermore, in the event of a dispute arising after gambling, you can take up the dispute with these third-party providers.
Bitcoin casinos are exceedingly susceptible to digital fraud and must ensure that their platform is highly secured. There are dubious third parties that constantly look for weak areas to exploit the platform and steal information and funds.
It is, therefore, necessary for online gambling sites to have SSL encryptions in place. Furthermore, they must guard against risk by enabling extra measures such as two-factor authentication, also known as 2FA, and firewalls to give their players peace of mind.
One of the most important factors for players gambling on the internet is the banking options and timeframes that the casino uses to process transactions. Gamblers favor online casinos with shorter processing times, and this is where a Bitcoin casino has a massive advantage.
For players who use the crypto, all payment and withdrawal transactions have much shorter processing times. This is in stark contrast to traditional online casinos where credit card and e-wallet transactions could take up to 48 hours, while withdrawals or bank transfers moves at a snail’s pace from three to ten days.
Advantages Of Gaming On These Platforms
There are many advantages for players who use a Bitcoin casino when compared to the traditional types online.
Traditional casinos have developed a poor reputation for concealing critical information from their clients, such as potential winnings. Furthermore, they tend to use obscure methods that give the house hidden advantages, which many gamblers are unaware of. Many players may find that they continue to incur losses with any reasonable explanation, and traditional sites may take advantage of their circumstances.
On the other hand, BTC gambling sites aim to provide clarity and transparency amongst their players to eradicate the unscrupulous methods that traditional casinos employ. This transparency is evident by clearly ensuring that the odds are legitimate and explicit to gamblers. It encourages more openness and forms a mutually rewarding relationship between the house and its players.
Always look out for certifications from third parties like iTech Labs, eCOGRA, and Technical Systems Testing who conduct meticulous testing on these online platforms to ensure that players are treated fairly.
Safety and Security
While most traditional online casinos require their players to furnish them with many private particulars such as credit and debit card details, those that accept crypto have eliminated the need for sharing such classified information. Additionally, they have extra measures in place to safeguard all their players’ information.
Bitcoin casinos have eliminated the risk by enabling their players to make cryptocurrency deposits to a specified address before commencing their gambling session. They have also diminished the need to fill out long and sensitive details upon registration. Essentially, they provide a safe and easy way to gamble online.
Lowered House Fees
Traditional gambling sites further add to their players’ discomfort by adding exuberant costs that are attached to transactions and deposits on their platforms. This is over and above the various duties and taxes that may be deducted on a player’s winnings as well.
BTC sites have almost obliterated these costs, as all of their transactions incur either extremely low or zero fees. They also have an advantage in that they are non-regulated by any payment services or institutions, and this, in turn, enables them to facilitate cheaper transactions for their players.
Gamblers are attracted to platforms that offer low withdrawal fees and deposit costs, and this is where using crypto to play can work as an advantage for the players.
Many countries across the globe have not legalized online gambling. Banks in these countries, therefore, do not make provision for transactions on the gambling platforms. However, if you have access to BTC, this can be bypassed, allowing you to tender using the crypto. Essentially, gamblers who play on a Bitcoin casino can eliminate the risk of possibly registering at illegal gambling sites because of their location.
BTC is a convenient method for players to access legal gambling platforms purely because they can transact legally. Additionally, players have full access to their winnings with the ability to deposit or withdraw from their casino house accounts anywhere in an instant. Transactions are also anonymous and players do not need to reveal their identity.
Lucrative Bonuses and Promotions
While traditional casinos offer their players almost a double amount bonus for earnings up to a few hundred dollars, a Bitcoin casino offers exceptionally lucrative rewards that extend anywhere from 1 BTC to 5 BTC, considering that 1 bitcoin is worth approximately $7,000 at the time of writing. Additionally, these gambling platforms offer very attractive promotional offers to lure players from traditional online casinos to their own.
Offer More Value
With the value of Bitcoin soaring globally, more and more gamblers are beginning to transact using cryptocurrencies. This gives gamblers a remarkable advantage when using BTC. Upon playing at on crypto site, they can choose to continue gambling with their existing Bitcoin credit and wait for the crypto prices to increase before cashing out. Furthermore, they can withdraw their high-flying digital currency and exchange it for another currency of their choice at a much more attractive rate.
Greater Game Variety
Gamblers at Bitcoin casinos enjoy a superb variety of games with a fantastic player margin that ensures all-round satisfaction. Some sites are known to provide payouts as much as 99%, and many are adding a wider choice of table games such as Roulette and Blackjack, and their variants.
Bitcoin also has a great Player Return Percentage and is currently much improved when compared to traditional online gambling sites. The casino houses who offer BTC as a payment method, have also improved their live game experience for their players to ensure that it is more immersive and interactive.
The Bottom Line
A Bitcoin casino provides an effortless way to entertain both gamblers who are seasoned and novice with cryptocurrency transactions. There are many incredible advantages to using these types of platforms to enjoy hours of entertainment in a safe and secure environment.
With the digital age transforming at breakneck speed, it only makes sense to move with the times and embrace crypto as a genuine means to transact. BTC gaming sites offer gamblers a perfect platform to maximize their use of cryptocurrency. Good luck!