Bitcoin Casino – All That You Can Play
Bitcoin Casino One of the main markets to benefit from the emergence of bitcoin gambling was internet casinos. While online casinos have existed for the better part of a decade and progressed along with other online gambling sites, bitcoin’s have helped make the online casino market a lot more wide open and extremely easy to deposit or withdraw. They bring new competition to the marketplace and offer distinct advantages over fiat-based online operators. Online Casinos Offering Bitcoin Casinolife24.com Bitcoin casinos have only been popular for about two years but have been increasing in popularity at a rapid rate. In 2012, almost all bitcoin casinos reported lifetime highs in amount bet by consumers and revenue. Several bitcoin casinos are now multi-million dollar companies with some valued as high at $10 million.
Though this is still a pittance to the billion dollar casino gambling giants across the world, we have to remember that bitcoin is still relatively new and bitcoin online gambling is even newer. Each month more and more learn about bitcoin and eventually bitcoin casinos. This keeps a steady stream of players headed to bitcoin casinos, increasing not only their revenues, but also the rewards and odds that they can offer to players. What Games Do Bitcoin Casinos Offer? Pretty much every game a fiat currency based traditional online casino would offer to players. Of course, offerings and odds will vary depending on which online casino a gambler chooses to bet at, but for the most part, you can find pretty much everything you are looking for with the current crop of bitcoin casinos. Blackjack, the most popular casino game in the world is well represented. It has several versions across multiple sites. A long list of casino games is also available, including Roulette, Craps, Three Card Poker, Casino War, Baccarat and many more. Las Vegas favorite Keno is an option at many BTC (bitcoin) casinos, as well.
- Great Variety
- Easy to Use
- Secure and Reliable
Bitcoin Casino Games
Slot machine choices are not as plentiful at bitcoin casinos compared to other games, but this market is certainly growing. We realize this can be a bit of a drawback for slot players, but we’re confident that this is one area where the current crop of sites are focused on improving. This may come as a shock to many gamblers, but bitcoin casinos, by far, offer the best odds compared to fiat-currency based online casinos or even brick n’ mortar land based establishments. While it is fun to go out and enjoy yourself at the local casino – you could not be making a worse decision on where to bet. Slot machine Ф and just overall general odds offered at a local state regulated casino are significantly worse than the odds available online. Even in Las Vegas, the While many locally run casinos rarely payout more than 95% on slots (and that is on the high end) most online casinos payout above that percentage. Bitcoin casinos, on the other hand, have payout percentages unseen previously in the industry. Some casinos even return 99% of the amount wagered to players. Almost all games offered are at above or around the 97% payout rate! Bitcoin casinos give players the best chance by far to hit it big and make some money while giving them the best chance to stay in action the longest. There is no comparison odds wise on which is a better option for bettors. If you’re a hardcore casino gambler who wants the best bang for his buck, then you are making a colossal mistake not playing at bitcoin casinos. While a few percentage points in odds may not seem like a lot, the difference it makes to your bottom line may shock some players. A multiple percentage increase in payout odds is quite massive in regards to casino gambling.
- Secure and Legit
- Great Variety
- Top Championships
As we’ve mentioned on other pages, the costs of running a bitcoin based gambling site (or any bitcoin site) are much lower than ones based in traditional currencies, such as the US Dollar or the Euro. How Are The Casino Odds Using Bitcoin? There are essentially no costs for depositing and withdrawing and funds are stored via bitcoin addresses. This makes things easier to track and organize while driving down costs that most other online casinos are saddled with every time a new player deposits. While many online casinos will want a litany of information from players, such as a government ID, credit card information and other personal information – Bitcoin casinos, for the most part, do not require any of this info. They simply require players to make an account name, choose a password and may require an email address. Forget jumping through hoops, scanning documents and waiting for verification. With bitcoin, there’s no need for any of that.
Finally, deposits and withdrawals are nearly instant and at most take a few hours. As we discussed above, this also depends on the particular casino, but in general, bitcoin casinos are light years faster than fiat-currency based casinos at processing withdrawals. Licensed and Regulated? Many seasoned online casino bettors will look for seals or icons on a casino’s main page that signifies regulation and an active gaming license. Bitcoin casinos will generally not have these because currently bitcoin does not qualify as real money in mostly every country in the world.