Cryptocurrencies have become a full-fledged means of payment in many countries. It is a universal method of payment that is not fixed to one of the world’s currencies. You can buy cryptocurrency on any exchange. Gambling clubs offer customers to make deposits in digital currency on favorable terms. Specialized crypto-casinos online even offer to play for cryptocurrencies, betting with bitcoin, light coin, and other stackable coins. You can withdraw your winnings immediately to a bitcoin wallet or any other convenient way.
Formats of gambling clubs that accept bitcoins
There are two types of casinos: some accept bitcoins as a payment method, while others offer bitcoin games for betting on cryptocurrencies. If an establishment provides the option to choose BTC as the game currency when registering, it means you can play for the cryptocurrency. As a rule, bitcoin casino sites do not accept deposits from bank cards, e-wallets, and other payment systems. Such institutions focus specifically on cryptocurrency. Users will be able to choose one of the offered currencies, not only bitcoin, as the currency for the game. Gaming clubs actively accept Ethereum, bitcoin, and other stable coins. MBit-Casino is a prime example of such a club.
The advantage of such casinos is the absence of any deposit and withdrawal commissions. All transfers are made directly.
Another type of casino accepts bitcoins as a payment method, but you can play gambling only with world currencies. When registering, you can choose only the official currencies: dollar, rupee, pound, or euro. When depositing via cryptocurrency wallets, funds will be automatically converted at the rate of the casino. The exchange rate in the gaming club may be very different from the official, so when exchanging customers may lose some money. Some casinos compensate for possible losses at conversion and give additional bonuses for depositing in bitcoin. Withdrawals are possible to credit cards, e-wallets, and cryptocurrency systems. Conversion will be repeated when making a payment to a bitcoin wallet.
A deposit is made by clicking on the transaction link.
What games offer casinos for digital currency betting
Every betting site that accepts cryptocurrencies offers users extensive gaming functionality. The most popular games in any gambling club are slot machines. Slots attract customers with easy game rules, the ability to maneuver the bet amount, and the chance to win the jackpot. For legal casinos, slot emulators are supplied by world-renowned gambling developers with a reliable reputation. This allows you to keep the level of probable payoff at the highest possible level.
In addition to slot machines, you can play other games at bitcoin casinos:
- Card games: poker, baccarat, blackjack.
- Roulette: French, European, or American.
- Take part in raffles and lotteries.
- Play video poker.
Live dealer games deserve special attention. This format of the game provides maximum transparency to the gameplay. Everything happens in real-time and is broadcast on the player’s screen with several cameras.
The advantage of playing with cryptocurrencies
The main advantage of the cryptocurrency casino site is the ability to play anonymously. The player will not have to provide bank card details or a named e-wallet. All receipts to the account will be anonymous, and no one will be able to trace them. Verification in casinos that accept bitcoins is conducted in a simplified form. Often, the player is required to confirm only the actual address of residence. Some institutions completely exempt players from the need for identification.
Another advantage is complete freedom of choice. Players can choose casinos that do not accept payment in a convenient currency. Bitcoin is multifunctional and allows you to play from anywhere in the world. You only need to create a special wallet and buy digital currency in any convenient way. Special bonuses for cryptocurrency accounts are also often called an advantage. Additional loyalty programs on crypto casino sites are especially popular.
Deposits and withdrawals in bitcoin do not cause difficulties for players who know how to work with cryptocurrency. At the same time, mastering cryptocurrency transfers is very easy.
Disadvantages of cryptocurrency betting
Bitcoin casino sites actively accept new players and provide a wide range of games. But limit users in the choice of ways to deposit. Cryptocurrency gambling clubs are often limited in their ability to deposit in fiat currencies. In case of difficulties with the cryptocurrency account, the withdrawal will be quite problematic. Another problem inherent in many online casinos for digital currency games is the lack of real-time games. Bitcoin games have become popular only recently, so their variety leaves much to be desired.
Conventional casinos that simply accept cryptocurrency payments have another important drawback. When depositing in bitcoin, users will not be able to participate in VIP programs and activate bonuses. Promotions are available only in case of depositing from bank cards or other payment systems. Reload bonuses are very important for novice players.
With their help, users can get additional winnings and make staying at the online bitcoin casino site more profitable. Therefore, before depositing in cryptocurrency, you should study the terms and conditions of the current promotions and bonuses. If necessary, you should also contact the live chat on the official website of the casino and ask questions to the administration of the company.
How to choose a reliable casino for bitcoin betting
It is not easy to choose gambling sites for bitcoin betting. Often with difficulties face novice players who do not know by what criteria it is worth choosing gambling clubs. The following points should be taken into account:
1. See the section with promotions. Fans of online gambling love to get something for free, which is perfectly normal. Before creating an account, check the welcome package offered by the online casino. Read the terms and conditions of the promotions available and consider whether you prefer a no deposit bonus or prefer to deposit money and get a solid cash infusion in addition to the free spins.
2. Only wager at a legal and safe casino. The absolute advantage of a casino should always be the existence of a license issued by the appropriate national authorities. Most often you can find documents obtained from the state institutions of Malta, Cyprus, Gibraltar, and Curacao. A legal new casino must provide a license to view on its website. Such a document proves compliance with the highest standards of honesty, safety, and solvency. It is also the basis to protect your rights in case of problems or bankruptcy of the new online casino. Data protection in new online casinos should also be a very important issue.
3. Familiarize yourself with the range of gambling games. Gambling enthusiasts visit online casinos primarily to play their favorite slots, so when looking for the best operator, one should not ignore the gaming offerings it presents. It is worth paying attention to the quality of the software. Free registration spins, which are often offered by new no deposit casinos, can help you test the games without investing money. The advantage will also be the availability of a demonstration model.
4. Convenience in depositing payouts. It is important that the player can deposit in bitcoin, as not every gambling club accepts cryptocurrencies. It is also worth considering the presence of possible commissions, hidden interest, conversions, and other “pitfalls”.
5. The presence of 24-hour support service. This is a very important factor, which players often underestimate. The user should always be able to contact the administration of the casino and ask all their questions.
The presence of a mobile application will be an additional advantage. It is convenient to play from the phone because it does not require binding to the computer.
Before choosing a gambling club, it is recommended to study the reviews of real customers beforehand. Indian betting sites have always attracted customers, so it will not be difficult to find reviews on the Internet. Users leave comments on payments, the reliability of the casino, and usability.
Why high rollers choose bitcoin casinos
A high roller is a player who bets high and makes a lot of money in the casino. However, there is no exact amount that separates regular players from high rollers. It can be assumed that these are players who play at least a few thousand rupees each month. In any casino, there are restrictive limits. The administration of gambling clubs and payment systems limit the maximum amount of deposits and withdrawals.
This is a real problem for high rollers who prefer high stakes. Bitcoin casino is the solution to the problem. Deposit limits at bitcoin wallets are always higher than at any other gambling institution. You can deposit up to 5,000,000 rupees from a bitcoin account. Extended limits also apply to payouts.
Free bitcoin casino games
From the promotional material, it is difficult to identify the pros and cons of this or that casino. Not everyone easily believes in “the fastest payouts” and “unprecedented security”. Why doesn’t anyone brag about the good optimization of the mobile version or the fast loading of flash applications? Such things are a big part of the user experience.
The advertising industry thinks otherwise, so internet users have to painstakingly search for a good bitcoin casino where they can play their favorite slots, blackjack, poker, roulette, etc. However, it is painful when making a deposit or betting. money, and then you realize that, nevertheless, you don’t like this particular casino.
Luckily, there is an easy way to avoid this: you can test gambling on a particular site without spending a single satoshi. Here’s the secret: some cryptocurrency casinos simply welcome new users with a no deposit bonus.
Recharge bonuses with bitcoin
Decent recharge bonuses from cryptocurrency only provide specialized bitcoin casinos. Many gambling clubs limit themselves to an insignificant addition to the deposit amount to compensate for the inevitable conversion losses. Bonus can increase your deposit amount by 5-10%, and such loyalty programs do not provide any conditions on wagering. It is enough to use the whole amount of the deposit on the online casino site. Profiled bitcoin casinos have gone further and are ready to offer alternative bonus programs:
- A no deposit bonus in the form of free spins for slot machines. Earn satoshi without a deposit by spinning the reels of your favorite slots.
- Top-up bonuses – Profile casinos provide increased multipliers on the amount deposited. But such bonuses also include strict wagering requirements: you should wager the deposited amount on slot machines or other games several times.
- Cashback is one of the most popular bonuses in any casino. Players get a chance to get back a portion of their lost money. Refunds can be made immediately to the main game account, or to a separate bonus balance.
Bonus offers help newcomers master the functionality of the online institution and get acquainted with the full range of gambling games with minimal risk.
Bitcoin is not the only cryptocurrency in online casinos
Bitcoin is the most popular cryptocurrency. Most of the specialized casinos focused on betting in digital currencies are focused on it. But in addition to bitcoin, there are other popular currencies:
- Ethereum. The second most popular and capitalized cryptocurrency in the world.
- Bitcoin Cash.
Users from India can easily open an account in any of these cryptocurrencies. Also popular are the digital analogs of the world’s currency systems: USDT – digital dollar, EURT – analog of the euro. These currencies are very convenient for calculations, especially for beginners who do not know the actual value of the coins used.
The gambling clubs accept only stable coins, completely ignoring any coin until its official release to the world exchanges.
How to cash out casino winnings
In case of a series of winning bets, users of specialized casinos can receive payment directly to a digital wallet. Some players call this a disadvantage, while others see direct payments as an advantage. As a disadvantage, players note difficulties with the withdrawal of funds from cryptocurrency accounts. The advantage is the absence of commissions, conversions, and hidden interests.