Due to the huge popularity that cryptocurrencies have gained recently, there are many bitcoin betting sites and casinos that appeared on the scene recently! These portals offer everything you can imagine starting from casino games to sports betting bingo, lotto, and other forms of gambling. These sites offer players a great opportunity to monetize their digital currencies and get free Bitcoin. Although, sign up and play at these casinos is easy as pie, there are a lot of aspects you should to be aware of. On this page we will explain them to you in detail!
Yes, of course! As one dollar can be divided into 100 cents, the bitcoin can be segmented into 100,000,000 “cents” which called Satoshis.
The segmentation process is done in the e-wallet rapidly, and does not require any action from you.
When you enter the value in dollars or euros, it is converted into the equivalent bitcoin value!
Besides Bitcoin, there are many coins that Bitcoin casinos accept, such as:
Any E-Wallet allows you to exchange to/from any of these currencies, and fiat currencies with very low fees.
After creating an account in to a Bitcoin wallet and fund it, you can go to the cashier section of the casino, which is usually located on the top menu.
After that, choose the wallet that you want to use; enter the ID number, specify the deposit/ withdrawal value, then you will be redirected to the wallet’s website / app to confirm the transaction.
The time for confirming the deposit / withdrawal process ranges from 10 seconds to 3 minutes depending on the currency and wallet you use, which is much shorter than the processing time of regular currencies transactions.
There are many E-Wallets available online that you can easily register in via your smartphone, tablet, or computer. Basically, there are two types of wallets. The first one is the wallets that accept both fiat and digital currencies alike, such as: (Skrill, Payeer). While the second type, is the wallets that only accept cryptocurrencies such as: (Crex24, Coinbase, BTCexchange, Binance, LocalBitcoins).
To make deposits and withdrawals and place bitcoin bets in crypto casinos, you should first register at one of these e-wallets. Then, you can charge your account with a specific amount using your bank card.
Bitcoin casino is no different from other online casino in the games, bonuses, or the casino’s compatibility. The major difference is that crypto casino allows you to place bitcoin bets! Also, they have many other features that grab your attention; they offer much faster transactions, have a larger game package, give you a great chance to invest your cryptos without the need to mine or speculate! Furthermore, security is very guaranteed in best bitcoin casinos and they hold licenses of the well-known legal committees.
Bitcoin was launched in 2009. During this period, it was mocked because people were suspicious of its capabilities, its future, and common acceptance. Therefore, the idea of bitcoin Casino was not risen at this time. However, the spread and development of smartphones and the growing number of e-wallets made people seriously consider cryptocurrencies. For example, in 2017, Bitcoin made a big leap, as it crossed the $ 20,000 limit.
In 2011, the first bitcoin poker network launched, but it was not popular enough in the online gamer community. Short after, in 2014, the first licensed bitcoin casino was released.
In the recent years, the popularity of bitcoin and its cousins have grown madly thanks to the sharp fluctuations in their prices, which have provided a chance for speculators and investors to obtain huge profits from them.
To choose the best bitcoin Casino, there are some factors and standards that you should consider, namely:
♣ The best bitcoin casinos must hold a license from a legal committee to prove their reliability and honesty.
♣ The bitcoin casino must have an attractive, flexible design that is compatible with all PCs and portable devices.
♣ Bitcoin casino Arabic bonuses and their terms and conditions; This criterion is very precise because the terms of the bonus determine how you can use it, and whether or not you can profit from it.
♣ The casino must provide an inclusive support around the clock to answer any questions and solve any problem that players may encounter while playing or depositing. Also, the casino should support many communication means, including live chat, hotline, and email messaging.
♣ The number of payment methods is one of the most important criteria that you should focus on. So, the more diverse these methods, the more suitable the casino will be for players around the world.
There is no online casino that can build a good reputation without having a license from one of the internationally known legal committees! This is an important indication of the reliability and integrity of the casino.
Most of the time, bitcoin casinos have the Curaçao commission license; because it is the only commission that accepts sites that conduct virtual currencies transactions. There are few other bitcoin casinos that hold other commission licenses such as Cyprus, Macau, and the United Kingdom.
It is imperative to check the casino license before playing at. As when you sign up for bitcoin betting sites it will be very easy to resolve disputes with customer service or escalate it to the licensing authority!
In addition, all your funds and personal data will be completely safe and secure.
Whether you want to participate in an online casino, a sports betting site, or a bank, the site’s design will give you the first impression on which you will decide to subscribe to this site or choose another one!
Since you will be using a virtual currency, it is important to check this aspect to ensure the reliability and integrity of the site. Ideally, the design of the bitcoin casino should reflect the brand essence, game library, and the things that make it stands out!
In addition to the attractive appearance, the design of the casino must also be responsive and compatible with all electronic devices in order to be able to access it quickly and without technical glitches. So, that it does not consume many units of mobile data.
The user experience is one of the most important factors that you can rely on when evaluating best bitcoin casinos! As the casino should be easy to use and responsive. Also, the good bitcoin casino Arabic should offer fast loading games so to enjoy them instantly without waiting.
Whether you want to play in a mortar and brick casino or a bitcoin casino, you should choose the operator that offers you the best bonus package! These bonuses are very important to get more profits in the long run. Also, you should learn about the terms and conditions of these bonuses.
These kind offers give benefits for both players and the casino! By these bonuses, the casino can get more new customers, more loyal players, and bring back inactive players. On the other hand, these bonuses give you the chance to play for a longer time without making more deposits!
You are not likely to encounter many obstacles when playing at bitcoin Casino, however it is important for the casino to offer you 24/7 active support, so if you encounter any issue, it will be solved within a few minutes! Luckily, bitcoin betting sites offer support through live chat, email, and phone hotline.
The main product that all online casinos offer is games! Ideally, the casino should offer a game library of between 500 and 5,000 games from the famous studios. Sometimes there are casinos that offer fewer games, but the important thing is that the games are of high quality and work efficiently on mobile devices and computers alike.
Most of the time, slots are the dominant type in the casino library, as they are the most popular among players around the world.
Therefore, the casino should offer classic games, video slots and progressive games that give you a chance to win a jackpot in a blink! Moreover, the casino should offer a varied live game package that covers table games such as roulette, blackjack, poker, baccarat, and blackjack. In addition to the game shows as well, such as Monopoly Live, Crazy Time, and Lightning Roulette. When a player sees all these options available on the casino, he will spend more time in!
With the recent technological developments, processing transactions rapidly is no longer a luxury, but rather a necessity for any organization that deals with users’ money online, including Bitcoin casinos of course!
Luckily, the main advantage that all virtual currencies have is that they support lightning roulette transactions. So, you will be able to make your deposits and withdrawals quickly and without any technical problems. However, it is important to ensure that the casino supports your preferred currencies and the e-wallets that you use.
Litecoin was launched, primarily, to overcome the downsides of Bitcoin! For example, the reason for the high price of Bitcoin is the limited units’ amount, so Charlie Lee, the Litecoin creator, has expanded its bandwidth so that its units are larger and are segmented into more sub-units!
Bitcoin casinos offer wide range of bonuses, including welcome bonus, new deposits bonuses, free spins, cashbacks.
Although free Bitcoin bonuses are preferred by almost all players, they are very rare! One of the best bitcoin casinos that offer this bonus is Betfinal!
Just as there are differences between fiat currencies, there are some differences between virtual currencies as well. In fact, there are more digital currencies that are launched almost daily! Taking advantage of the tremendous development of the blockchain technology. Over the past years, these currencies are being launched for use locally, or for purchasing from a specific institution, or even to buy weapons in a game!
Bitcoin casino accepts between 5 to 10 currencies, however, there are some casinos that have huge potentials that qualify them to support more currencies. The fundamentals of every coin are nearly the same, including speed, anonymity, and blockchain reliance.
Bitcoin was the first ever digital currency to be launched. Despite its great value recently acquired, it is considered the most widely used in cryptocurrency casinos; because it can be fragmented easily, offer fast and confidential transactions.
Ethereum (ETH) is the main competitor to Bitcoin, however it is much cheaper and faster.