Gambling and humans are like Siamese twins. And bitcoin gambling has added a new dimension to it. Online crypto gambling is getting popular across the world every day. The current market value is around $59 billion and it is expected to go over $92.9 billion in 2023. There is no denying that a major part of the global population plays at crypto casinos to make some extra cash. All crypto casinos offer attractive bonuses or promo codes. Let’s have a look!
Best Bitcoin Casinos with Welcome Bonuses:
Crypto casino bonuses
These are the most vital element of bitcoin gambling. Online crypto casinos have to offer attractive bonuses due to the competition. In absence of appealing Crypto casino bonuses or promo codes, casinos have trouble luring customers. They generally offer the following:
- Welcome bonus: By signing up with the casino and making the first deposit, a new player gets this.
- Free spins: Casinos offer this whenever a new slot is launched.
- Reload bonus: Regular players get this when they deposit more money into their gambling account.
- No-wagering bonus: A player can claim this immediately on receipt of the notification. It is the best for gambling without extra deposits.
- Cash-backs: It allows a player to recover the lost amount. Many sites offer daily cash-backs.
- Referral rewards: These are incentives for bringing in other players.
- VIP program: It comes in the form of rewards like prizes and invitations to events for the most active and loyal gamblers.
Crypto casinos are getting popular for their easy deposit and withdrawal. Otherwise, they are the same as traditional casinos. Many of them use their gaming software for running games. However, some small casinos rent or buy the game software. One can gamble anonymously in a majority of online cryptocurrency casinos. Such websites do not require any personal information. They issue an encrypted tag that works for the gambling account. As you can maintain privacy and keep your credit card information off the internet, this is much popular among players.
Advantages of bitcoin casino
Technological advancement has revolutionized the online gambling landscape with the introduction of crypto casinos. A large number of people are now getting attracted to these gambling sites for the following advantages.
- Anonymity: It is themost vital advantage as gamblers always value anonymity.
- Transparency: They use a straightforward gaming platform and players can spot any unusual change.
- Convenient: No local restriction is involved. One can access these sites from any corner of the world. Even players from countries having restrictions on gambling can play this.
- Affordable: Online crypto casinos attract low fees than traditional casinos.
- More game varieties: These offer a wide variety of impressive games. They also include baccarat, blackjack, poker, roulette, slots, and live dealer games.
How to choose online crypto casinos
Cryptocurrency has stormed the gaming world. The online crypto casinos cater to the gambling needs of players. Now bitcoin live casinos are getting increasingly popular these days for their ease of playing. These also allow gamblers to bypass regulations of traditional online casinos. Here are the things to consider for choosing them.
- Reputation: casinos enjoying a high reputation provide safe gaming environments. A startup that looks stellar might end up into a scam. So, always opt for a reputed one.
- Compliance with licenses and regulations: One must make sure that the casino is licensed and regulated. It will validate the trustworthiness of the casino. One should check for the links to the licensing sites on the home page of the casino. It helps if you need to complain about the casino.
- Whether it is provably fair: When one gambles there is always a doubt that the casino might be cheating. So, one must know if the games are provably fair. It is the latest technology introduced in online bitcoin gambling. Provably fair means that the algorithm checks and verifies results, and ensures fairness. Such games are transparent as they base on blockchain technology and need no third-party involvement. They also yield a high RTP (return to player percentage). So, one does not have the fear of getting ripped off.
- Payment terms: Casinos have their payment terms. These cover minimum payouts, mode of payment, currencies, fees, etc. Some casinos give such information on the FAQ page and others have a dedicated payment page. One has to check those and be sure that they suit them.
- Instant confirmation: Check for instant availability of user details and financial transactions confirmation.
- Customer support: It is one of the most vital requirements. Established bitcoin casinos provide customer service through multiple support channels like social media platforms, email, and online chatting. Having solid customer support services come in handy if something goes wrong.
- Bonus offers: Check the bonuses and promotions available and the procedure to claim. Also check, if the site has any loyalty programs. Decent bonuses are essential for attractive wagering.
- Availability of games: Check out the selection of games available. Having an extensive game collection makes playing attractive.
- Mobile compatibility: Mobile compatibility lets one gamble on the go. So, check if the casino offers mobile-friendly games including live games. Moreover, make sure that the casino offers a responsive interface.
Gambling with bitcoin
While there is plenty of information available about bitcoin, not much information is available on how to gamble using bitcoin. You can do it through the following steps:
- Open a wallet: Bitcoin wallets are hubs for storing, buying, and selling bitcoins. One must open a bitcoin wallet with a bitcoin exchange.
- Deposit money: Once you have your wallet ready, you should deposit some money to buy bitcoin. You can do this by linking your debit or credit card, or through your bank account.
- Deposit bitcoin into the casino: Buying bitcoins makes one ready for playing. Deposit bitcoin to the casino by navigating to the deposit page and clicking on the deposit button. You can start playing now.
- Withdraw winnings: Once you have won a game, you can withdraw winnings following the withdrawal procedure.
Things to consider
Unlike gambling with fiat currency, cryptocurrency gambling is not that easy. It is because bitcoin always fluctuates. So, one has to keep track of the trend and also consider the volatility. It is a good option to gamble when cryptocurrency prices are low. It will prevent bankruptcy.
Crypto casinos enjoy great popularity across the globe, because of their gambling environments and fast payments. But addiction is sure when one loses control. The excitement of winning cash is alluring. But addicted people tend to forget their responsibilities and ruin their life in the end.