The old way of Playing Slots & Card Games, Betting on Sports & Betting on Sports is well.. “old.”
One of the biggest and main markets that have benefited from the emergence of Bitcoin gambling has been online casinos. While these have existed for the better part of a decade and progressed along with many other online gambling and betting sites, Bitcoin has helped to make the online casino market even more accessible, while making depositing and withdrawing easier than ever.
Bitcoin casinos have brought brand new competition to the market, and offer distinct advantages over fiat-based online operators.
The Rise in Popularity of Bitcoin Slots
There is something about pushing a button and waiting for the reels to stop spinning and reveal one’s luck. Without further ado, let’s take a look at some of the most notable reasons why BTC slots are so popular among players.
The main reason why so many people enjoy Bitcoin slots is that it takes almost no skill in order to play it. All one has to do is to chip in and push the button, the rest is up to luck. Furthermore, it doesn’t take a lot of time to play a hand, which means that players can enjoy this game while on the run, in a bus, train, or a coffee break.
The online casino Betchain’s archive includes more than a thousand different games including a variety of 3D slots, Jackpot slots, Video slots, and of course the classic slot game. mBit, BitStarz and FortuneJack are 3 other Top Online Bitcoin Casinos that allow wagering in both Bitcoin & some of the smaller tokens.
All four of these Online Casinos have been independently tested for best odds, provable fairness (thanks to the blockchain) accessibility for both US & International Residents, security, anonymity as well as withdrawal speeds and timely (and accurate) payouts. These Online Casinos all have earned extremely high marks having been tested and reviewed by 3rd parties like TopOnlineCasinos.com & Bitcoin Gambling & Sports Betting.
Top Cryptocurrency News Site CryptoClarified named Top Online Bitcoin Casinos the #1 Independent Reviewer of Bitcoin Casinos for 2019. If they give a positive review of an Online Casino, you can rest assured they have been thoroughly checked out and bet with confidence.
With the recent surge in online betting with Bitcoin & cryptocurrencies due to the many benefits of betting online with cryptocurrencies over fiat (cash) along with the explosion in popularity of Online Casinos accepting Bitcoin, you’d be surprised (or perhaps you wouldn’t) that there are many Online Casinos that are nothing more than a front for fraud. At worst case some are set up to disappear with your money, and at best case, lack the security to protect your funds, or fail to pay out winners at best.
Yes you can play slots, Poker, Blackjack, Bitcoin dice, or bet on any sport imaginable in minutes with Bitcoin & Altcoins. No, you don’t have to give up your Driver’s License, social security number or even your full name.
The days of having to give up all of your personal information to a Vegas Casino in order to bet on your favorite sports are over. So are the days of waiting 2 weeks to receive a Cashier’s Check with your winnings.
Withdrawals are instant, usually taking around 12–24 hours for the Casino to approve, then around 15 minutes to hit your Bitcoin wallet. For a wallet on your phone or iPad, Bread Wallet is a popular choice. That’s what we use.
You can get the App in the iTunes App Store & in the Google PlayStore (for Android users.) You can purchase Bitcoin inside the App, or use a site like Coinbase or one of the cryptocurrency exchanges.
If you win big, and want Cash instead of cryptocurrency you can exchange your Bitcoin for your currency on an exchange or through Coinbase and transfer it directly to your bank.
The odds of winning are higher with BTC slots compared to Slots of the Past
When compared with other online casino games, Bitcoin slots have the highest payout percentage. Nevertheless, the rate of the payout percentage depends on which casino you decide to play in. Average return to player rate is somewhere between 82 and 98 percent of the funds that players wager in total.
Online Slot Game Progression From Atari to better than PS4
Online slots started out from humble beginnings. Initially crafted as a simple digitization of the world-famous 3 reeled fruit machine, these games have now been developed into epic adventures in picturesque 3D landscapes. From fantasy-themes through to pure science fiction, slots software has become a form of art and the games are more engaging than ever.
Old classics have been remade into new and exciting styles, whilst completely new formats have been realized in the shape of RPG-style slots, multiple paylines and “dual reels”. And now, casinos have allowed players to bet on these great new games with Bitcoin.
Bitcoin Casino Software
Nearly all the Bitcoin casino reviews that you’ll find online have licensed their games from casino software providers. Many casinos have also licensed their underlying banking infrastructure from companies such as PlayTech and SoftSwiss, however for the purposes of this article we are focused entirely on the games.
Software from the likes of Endorphina, BetSoft and NetEnt are amongst some of the most well renowned in the industry. These companies have changed the landscape of online slots by creating entirely new genres in the gaming industry. BetSoft pioneered the use of 3D graphics in their games and Endorphina has reflected cultural topics with the likes of “Twerk” and “Diamond Vapor”.
Typically, each of the Bitcoin software providers listed here have all built their games on similar mechanics; 3 and 5 reeled slots with bonus games, multipliers and — in some cases — jackpots.
This format continues to be the most popular, however those looking for alternative mechanics may want to look to developers such as Rabcat, the developers behind the famous RPG slot game “Castle Builder” and “Castle Builder 2”.
What Are The Best Bitcoin Casinos?
We have ranked and graded the best online Bitcoin casinos, allowing you to choose from tried and tested casinos. All of these sites have been tested by Top Online Casinos for user friendliness, ease of withdrawals and deposits and more, and all have proven themselves to be trustworthy.
What Games Do Bitcoin Casinos Offer?
Every game that you can find at a standard online fiat currency based casino can be found at a Bitcoin casino. While offers, bonuses and odds will all differ depending on the game provider, you can find the best of the best at a Bitcoin casino.
Blackjack, the most popular casino game in the world, is well represented amongst casinos that use Bitcoin, and a long list of other casino games such as Roulette, Craps, Three Card Poker, Baccarat and more can also be found. Las Vegas favorite Keno is also an option at many Bitcoin casinos as well.
Bitcoin Slots are a steadily growing market, meaning you are sure to find your favorite slots games at the Bitcoin casinos we recommend. Newer to the scene are 3D Slots, which can be a lot of fun.
Why use Bitcoin?
Slot developers are mostly “banking agnostic”, that is to say they do not care what payment methods are used to play their games. It is largely the casinos and the jurisdictions in which they operate which decides what banking methods are applicable.
For this reason, many existing slot casinos which subsequently adopted Bitcoin now have those same slots available to anyone playing with BTC. The slot game developers themselves did not have to actively accept Bitcoin as a currency, and therefore the rate of adoption of Bitcoin into these games has been rapid.
As a player, you should consider using Bitcoin to play online casino slots as it offers better anonymity, higher trust and more security.
5 Reasons Why Bitcoin is GREAT For Gambling
Since its inception in 2008, Bitcoin has risen to fame as one of the most important technologies of recent times. This digital asset has demonstrated that it holds real value, and that this value can be transmitted across the globe in a matter of minutes with minimal fees.
There is no central controller of Bitcoin, and no threat of confiscation. For this reason — and the 5 others discussed below — we believe that Bitcoin is the best currency to use when gambling online.
If you’re interested in using this cryptocurrency to place bets online, keep reading and we’ll explain all. If you’re unfamiliar with using Bitcoin then read this getting started guide before moving forward.
1. Bitcoin is “off the grid”
Bitcoin is pseudonymous. Discovering an identity from transactions on the blockchain can be time consuming and often impossible. For this reason, Bitcoin has been adopted by many gamblers looking to bet online without restrictions. Gambling online with Bitcoin is no different (legally) than gambling online with dollars, rubles or euros. The only difference is that for fiat currencies, the player must have a bank account or PayPal account and therefore their transactions can be vetted/restricted.
With Bitcoin, these restrictions do not exist because each payment is “peer to peer” and is validated by thousands of amoral nodes in thousands of different locations. These nodes have a simple set of rules: if the transaction has the necessary balance and correct headers, then the payment can be sent. A node cannot and does not invalidate a transaction based on its purpose — gambling or otherwise.
2. Transparent payments
Bitcoin was the first cryptocurrency to make use of a new technology known as blockchain. The blockchain is a record of all transactions that have ever been made on the network. Bitcoin’s blockchain is public and verifiable by anyone with an internet connection, meaning that any transaction sent from address A to address B can be checked. In gambling, this transparency is critical, as it can be used as proof as to whether a transaction was sent or not.
If you made a withdrawal to a Bitcoin address that was never received, it would be trivial to demonstrate to the casino that the withdrawal was in fact never paid. This can also be used as evidence when making complaints at any of our Bitcoin casino reviews and helps to keep these gambling sites honest and fair.
3. Value of Bitcoin
Anyone who’s heard of Bitcoin will know that the price of this currency simply keeps rising. From a value of less than a dollar in 2008, the currency has risen many thousands of times over to reach a price of $4500 at the time of writing.
As a result, the interest in getting hold of Bitcoin has reached fever-pitch levels, and gambling has become a route for many to earn more of this highly sought after currency.
4. Provably fair options
Bitcoin gambling is vastly more transparent than fiat currency gambling as already discussed. But transparency goes beyond simple transactions. Many of the dice games that can be played with Bitcoin incorporate a “provably fair algorithm” that ensures that each roll of the dice or turn of the card is truly random.
5. Deposits and Payouts are much faster than going through a Vegas Casino or Online Sportsbook. This all can be done from the comfort of your home from your phone. You can literally be in the Casino or betting on Sports from your couch. If you win, you can have the money in your account the next day.
The old way of getting payouts from winnings, waiting 10 business days and then having to take a Cashier’s check into the bank.. that shits for the birds.
I’ve got my feet kicked up and a cold beverage at my side when I’m playing at the Casino and betting on my team.
Nitrogen Sports is a favorite for Sports Wagering.
These reasons have hopefully provided you with a compelling case for gambling online with Bitcoin.
We truly believe there is no better way to play!
No Registration — Deposit & Play Instantly!
How can a Bitcoin casino be “no registration”?
In the traditional casino market, payments are processed through banks that often have strict controls on gambling transactions. These controls make it difficult for a player to deposit at a casino without filling out lengthy registration forms and — in some cases — submitting proof of address and ID. Bitcoin side-steps these forms because all transactions are “peer to peer” with no central authority. In this way, a Bitcoin casino can simply register a player’s account on arrival at their website, providing them with a Bitcoin deposit address to allow them to get started immediately.
How does instant registration work?
Instant registration generates a random username for your player account the moment you arrive at the website. Your login is then generated either as a browser cookie or through the use of a unique URL which can be used to gain access to your wallet. Some instant registration casinos will require that you create a username, but nothing more.
Of course, for security purposes it is advisable to attach a password to your account. Whilst email is optional, submitting an email address when signing up to one of these Bitcoin casinos will ensure that your account can be recovered should you lose access. Instant registration makes the casino experience seamless, and thanks to Bitcoin, this option is becoming more widely available than ever before.
Is Bitcoin gambling truly anonymous?
No registration Bitcoin casinos are often used by players looking to side-step local regulation. Of course, players must do this at their own risk, and they must also be aware that Bitcoin is not — as so many claim — all that anonymous.
The reason for this is that all Bitcoin transactions are stored publicly on the blockchain. Whilst transactions do not record any personal information, if enough transactions are made to particular addresses, it is possible that some identifiable information about the user becomes available. This risk is low, and can be largely mitigated through the use of a new Bitcoin address for all deposits and withdrawals.
Compared to fiat currency, Bitcoin is far more anonymous. However, those looking for complete anonymity should consider a cryptocurrency like Monero.