The digital currencies have taken online transactions to a whole new level. Among these the most outstanding and popularly known digital currency is Bitcoin. By now, most of you might be familiar with the Bitcoin, thanks to the ultimate storm it created between the end of 2017 and the beginning of 2018. This decentralised cryptocurrency has seen its ups and downs but it set a ravishing record of its own when it hit an ultimate high of $19, 783.06 in December 2017.
Several retailers are now getting into Bitcoin transactions to do their businesses. One of these businesses is the Bitcoin casino where players can gamble hard on the online platform. Keep reading to know all about Bitcoin.
What Is a Bitcoin Casino?
An online casino which accepts Bitcoin as a currency among several other payment options or as the only currency for the transaction is said to be a Bitcoin casino. Bitcoin casinos are rising and players are exploiting this option to their advantage. So, what exactly are the benefits posed by the Bitcoin casino for the players? Read below to find out.
Get the Best Odds At Bitcoin Casino
You might be aware of the different payout percentages offered by the online casinos on their different casino games. But you will be delighted to know that the Bitcoin casino usually offers some of the awesome odds you will ever come across in the online gambling world. Isn’t it intriguing to know how this is possible?
Well, it’s a pretty simple concept involving the processing costs of the online payment made. So, when you make an online payment at any of the online casinos via bank transfer, debit/credit cards and E-wallet, the casinos are responsible for paying the processing fees to the financial institutions. These costs pose a burden to the casinos. Hence, the online casinos also make a point of compensating for these transaction fees by reducing the total bonuses, reducing the bonus amount or by allowing players with only a few odds of winning.
Now, with the Bitcoin, the processing charge is out of the window and all your payment transactions are done free of cost. In fact, the current scenario at several Bitcoin casinos is that they allow unlimited Bitcoin transactions on an everyday basis free of cost. This way a lot of casino money is saved. So the Bitcoin casinos get a bit generous and to attract more and more players, they allow better odds, increased bonuses and bonus amounts.
A Lovely Collection of Awesome Games
Bitcoin casinos might be new in the online gambling world but they have exact or even more awesome collection of casino games like that at any land-based casinos. If you like to gamble on the classic table games at the Bitcoin casinos, the most happening among these are the variants of Roulette and Blackjack games. So not only will you find variants of these table games but you will also receive an equal or better return to player percentage when compared to the normal online casinos.
Everyone knows slots make up the most of online casino games collection. This holds true to the Bitcoin casinos too. Some of the Bitcoin casinos offer payouts on slots games going up to a maximum of 99%.
Bitcoin casinos are now entering into the live casino dealer games too. You will find amazing live dealer games including Roulette, Blackjack and Baccarat. Many players love the experience of the live casino gaming and that is now possible through Bitcoin casinos.
Fair Gaming At Bitcoin Casino
During casino gaming, players gamble against the house edge. But at the Bitcoin casino, on the other hand, you will have a comparatively fair gaming experience as at any normal online casino. This is due to a technology known as Cryptographic hash. This technology lets players check whether the game outcomes produced at these casinos are random or controlled. This way, players are assured fair gaming and they do not have to worry about getting cheated online.
How to Pick an Ideal Bitcoin Casino?
As a player, you make sure to do a little research on which Bitcoin casino is the best in the online market. Not all Bitcoin casinos offer fair gaming, awesome gaming collection and better odds. You also need to check if these Bitcoin casinos are licensed and regulated through some reputed gambling commissions. Before all this, get familiar with the concept of Bitcoin and how to do basic transactions with it.