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9 factors to consider when choosing a Bitcoin Casino
Choosing the right casino is a matter of personal taste, as well as ensuring you opt for a secure, reliable, and trustworthy site. Does the casino have the games you want to play? Does it offer good jackpots and appealing bonuses? Can you pay using your preferred payment method?
Bitcoin Casinos
Bitcoin has changed personal finance thanks to its privacy, anonymity, security, and fast, low-cost transactions. This has helped make Bitcoin casinos more accessible while enabling them to offer generous bonuses and sizeable jackpots. At the same time, they offer quick registration systems through crypto wallets, letting players get in and start playing as swiftly as possible. (source:bestcryptocasinos.ltd).
According to crypto casino expert Gary McLellan, many sites offer traditional casino tabletop games and alternative games like Plinko and even sports bets.
1. Check The License
When choosing any casino, ensure it is properly licensed. This doesn’t just mean looking for the license logo on the site, but checking the terms and conditions of the license and then verifying it with the appropriate gaming commission.
Licenses for Bitcoin casinos are commonly awarded by groups including the UK Gambling Commission, Gibraltar Gambling Commissioner, and the Malta Gaming Authority but there are many.
2. Check Third Party Verification
Bitcoin casinos should have verifiably fair games on offer. This means that third parties verify factors like random number generators, return-to-player ratios, and paid jackpots.
These third parties should be recognized and trusted by gambling authorities, and the casino should detail which group has been used to verify their games. This is one area where playing at Bitcoin casinos can be very beneficial because games are recorded on blockchain, which can be viewed by anybody using Blockchain Explorer software.
3. Ensure Robust Security Protocols
The site should be secure. This means it uses the https protocol, which can be verified by checking the URL of the site or checking in your browser. Features like two-factor authentication can help.
Bitcoin casinos are naturally more secure than fiat casinos, because you don’t store bank or credit card details on the site, and you often don’t have to provide personal details when registering, which means there is very little for hackers and thieves to get hold of.
4. Game Type And Variety
Even if you’re only trying the casino out, you will want to ensure that it offers the types of games you enjoy playing and that it has a decent variety.
No matter how much you enjoy playing roulette, there will likely come a time when you want to try something different – even if it’s only giving US roulette a go, instead of European. If you’re a slot lover, choose a site with a good variety of slots. If you prefer table games, opt for sites with more table games.
5. Device Compatibility
Modern Bitcoin casinos that run through browsers can offer everything from expansive game selections to live dealer games. But, what if you like to play while on the bus on the way to work?
Check the site is compatible with the type of device you’re most likely to play on. If you are a mobile gambler, opt for a site with a secure app. Alternatively, look for a casino that offers Telegram betting if that’s how you prefer to place your bets.
6. Bonuses
Casinos offer different types and sizes of bonuses. They can range from first deposit to reload bonuses, and they can include free spins or cashback offers.
While factors like game choice will be more likely to hold your appeal once you’re a member, choosing a site with generous bonuses will help inflate your betting balance so you can keep gambling for longer. They can minimize losses and maximize winnings, too.
7. Prizes And Jackpots
Big jackpots are a good way for casinos to lure new players in. Realistically, though, any individual player is very unlikely to ever win a big jackpot. What’s more, big jackpots can make return-to-player ratios look more generous. Take the jackpot out and the return-to-player ratio is a lot lower.
Look for sites that offer generous prizes on games like slot machines but don’t get too drawn in by the promise of massive jackpots and progressive prizes.
8. Transaction Methods
There are more deposit and withdrawal options available now than ever before. Traditional methods like credit cards and bank transfers are still commonplace, but you will find a growing number of online casinos that accept Bitcoin and other cryptocurrencies.
Commonly, these sites accept Ether, Dogecoin, and Tether, as well as Bitcoin, so you can choose the cryptocurrency that you prefer.
9. Fees
One of the benefits of Bitcoin is that it has lower transaction costs compared to traditional payment methods, but, as the sender, it is you who generally has to pay this fee. And a lot of Bitcoin casinos will also claw the fee back from players.
Check the associated fees when using any casino, including deposit and withdrawal fees.
Conclusion
A growing number of casinos now accept Bitcoin and other cryptocurrencies, but using a dedicated crypto casino can offer additional benefits. Many do not require all of your personal details when you register an account, they automate the smart contracts used in deposits and withdrawals so you can enjoy instant withdrawals, and their lower operating costs mean they can also provide bigger prizes and better bonuses.
When signing up to join a Bitcoin casino, you still need to check security credentials as well as other factors like customer service reputation, to ensure you enjoy a positive online casino experience.
Disclaimer: This is a paid post and should not be treated as news/advice.