Bitcoin casinos have recently become a huge thing and now, many players from countries all over the world are accessing these sites and using this crypto-currency to play real money games. There are not many Bitcoin casinos in operation at this time, but there are some great choices. Players who are interested in finding the best Bitcoin Casinos will have to take some things into consideration. There are different aspects of each online casino that will affect the gambling experience.
Always choose a Bitcoin casino that is licensed. This will clearly be displayed on the main page of the site. Since Bitcoin gambling is relatively new, there are many sites operating that do not have a license. This does not always mean they are not safe, but they do not offer the player protection that licensed sites do.
Always take time to consider the software that is being used at a Bitcoin casino. There should be a large array of games and these games should be able to be accessed in a download or flash format. Some of the best software names in the industry are now supporting the use of Bitcoin, and these include Playtech, Microgaming, Betsoft and Aristocrat Gaming.
Avoid jumping into the action without understanding how Bitcoins work. Players will need to know how to buy and sell the Bitcoins and hoe bitcoin wallets and exchanges are used. After a bit of time and learning, players will quickly see why bitcoin casinos are becoming so popular and they will be able to fund their account with ease.
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Gambling with Bitcoin
Any player that has ever gambled for real money at an online casino will know how the payments work. Players will have to register an account and select a method of payment, whether that is an ewallet, credit card, prepaid card or bank transfer. With Bitcoins are used, players will have a unique bitcoin address and there will be a set of numbers and letters that create a unique code ranging from 27 to 34 characters.
When playing online using Bitcoin, there are no fees to conduct any transactions. A number of other payments methods do incur fees, either to the player or the casino operators. Since there are no fees with Bitcoin, this has become an attractive option for those operating an online casino site as well as those that are playing at the site.
One of the great aspects of gambling with Bitcoin is that there is no government that oversees the currency. This means that player funds can never be seized or frozen as they could when using a currency from a bank. While this may not be a huge deal for those that are playing in a country that offers legal online gambling it can be a big decision maker for those that are in restricted countries, such as players from the US who play at offshore casino sites. When using Bitcoin to gamble online, players will remain completely anonymous and will have complete control over what to do with their funds. In fact, many online casinos that accept Bitcoin will not even ask for personal details when signing up. They will strictly use an email address.
Bitcoin Casino Types
There are few different types of Bitcoin casinos that are operating. Those that only deal with bitcoin are a top choice for many players but there are also other casinos that take multiple currencies that are now offering players the option of using Bitcoin to deposit and withdraw from their account. A bitcoin only casino is one that will only use bitcoin to conduct transactions and will only ask for an email address when signing up. This is very appealing to players who wish to remain anonymous when they are gambling online. Many online casino that use other currencies will ask for personal information and even copies if utility bills.
There are also hybrid bitcoin casino sites. These will accept a payment to the account using bitcoin and will then process all withdrawals to a bitcoin address chosen by the player. However, these casinos will convert the bitcoin funds to a flat currency when the deposit is made. Some sites will convert funds to Euros or US Dollars for as long as that money remains in the casino account.
When selecting the best bitcoin casino, players need to know what they are comfortable with. If they do not mind providing the casino with personal details, a standard or hybrid casino is a good choice. However, those that wish to have their identity remain anonymous will benefit from a Bitcoin only casino site.
Games to Play with Bitcoin
As Bitcoin casinos become more popular, players have access to more and more game titles. These games are played just like any other casino game and can generate real money payouts. The only difference is that the casino account has been funded with Bitcoin instead of a traditional currency. Every bitcoin casino will have something different to offer and most will have a large selection of games that can be played by any registered player.
The best bitcoin casinos will have many different slot games. Since these games are the most popular with casual gamblers, bitcoin casinos cater to players by offering top titles. Players will find some of the same games they would find at other online casinos or even land casinos. There are three reel standard games, five reel video slots and even high paying progressive slots that can be played.
Bitcoin casinos will also have a nice assortment of table and card games, which will almost always include the casino classics like roulette and blackjack. There are also other great games like video poker, baccarat, craps and more.
When choosing the best bitcoin casino, watch for those that feature live dealer games as these can be the most enjoyable online. These games are played in real time and are simulcast from a land casino or a casino studio to create the most realistic feeling possible.