What are Bitcoin Casinos?
An original post from DeepDotWeb.
Bitcoin Casino sites allow virtually everyone to experience the excitement and fun offered by online casinos. They are still mostly similar to how standard online casinos work. The main difference is the currency used and the way it is handled. If you are interested in trying bitcoin casinos, a multitude of different bitcoin casinos are already available online. However, just like in standard online gambling, not every bitcoin or BTC gambling site is reliable. Some are just better or worse than others.
To help you find the best bitcoin casino you can sign up with, BitcoinCasinos.reviews is here to help. Our site is intended for those who want to make the most out of their online casino playing using bitcoins. We review an extensive collection of casinos that make use bitcoins as one of the accepted currencies or as the main currency. Consider us your authoritative source for bitcoin casino reviews wherever you may be.
Our site is intended for those who are new to bitcoin gambling or to online gambling in general, as well as for those who already have the experience. We aim to be a highly useful resource for those who are looking for credible information and insights about the different bitcoin casino sites on the web. If you have not tried gambling with bitcoins yet, we have concise but comprehensive guides or overviews inserted in our bitcoin casino reviews to help go through the steps. If you are an experienced online casino player, the presentation of our reviews is designed in such a way that you can quickly skip to the parts you are more interested in.
Introduction to Bitcoin Casino Gambling
Don’t be intimidated by the idea of bitcoin gambling. Essentially, it’s just your regular online casino but with a different currency. Instead of using dollars or other currency transacted through credit cards or online payment facilities, bitcoins are used.
To make things easier for newbies to understand, here’s a simple series of steps you can easily remember.
- Find the best bitcoin casino site for you by using our reviews.
- Sign up for an account at the bitcoin casino you have chosen.
- Deposit bitcoins to your account. If you don’t have bitcoins, most sites offer guides on where you can obtain bitcoins.
- Take advantage of the bonuses, promos, and rewards offered.
- Find the game you like to play.
- Enjoy playing and withdraw your winnings.
Thinking About Playing in a Real Bitcoin Casino? Here are Some How to Use Bitcoins Tips
Yes, it’s a simple as that. You just have to do some little reading regarding the use of bitcoins.
Basically, you just have to remember these three steps:
- Get a bitcoin wallet.
- Get bitcoins.
- Enjoy playing in some of the best casinos in the world with 100% anonymity.
The most important step is getting a bitcoin wallet. There are three different kinds of bitcoin wallets: online wallets, software (offline wallets), and hardware wallets. You can choose a wallet from this: bitcoin.org. Hardware wallets are the most secure but online wallets are arguably the easiest to use. You should be fine choosing an online wallet. It’s not really difficult using whatever wallet. You just have to read the instructions and figure out how the interface works.
When it comes to getting bitcoins, you can ask from friends to transfer bitcoins to you or you can buy them using standard money. bitcoincasinos.reviews is a good starting point for obtaining bitcoins. You can actually sign up for a casino bitcoin without obtaining bitcoins first. Many of the best bitcoin casino sites at present provide instructions on how you can obtain bitcoins so you can start with an empty bitcoin wallet. What’s important is that you have a bitcoin wallet.
Bitcoins in an Online Casino
Using bitcoins in a bitcoin casino is all about depositing bitcoins and withdrawing them. Once you have signed up for an account, you can then proceed to the page where you can deposit your bitcoins. It is also in this page, usually, where you can withdraw your bitcoin winnings. Some sites call it the “Cashier” page while others provide direct links for the “Deposit,” “Withdraw,” and “Get Bitcoins” functions. It’s impossible for you not to quickly figure out how the use of bitcoins works in online bitcoin gambling sites. If you know the rules of various online casino games, you shouldn’t find it hard learning how to use bitcoins for BTC gambling.
Just be reminded that online casinos that use bitcoins have varying terms and conditions. It is very important to read these terms and conditions so you wouldn’t be surprised that, for instance, you suddenly lost the bonus bitcoins you have earned because it expired.
In our BTC casinos reviews, we see to it that we point out important details about the terms and conditions of the online bitcoin casinos we are reviewing. We highlight the terms we find questionable or unusual. We help our readers decide whether or not a site is secure or reliable.
Are Bitcoin Casinos Better than Standard Online Casinos?
Bitcoin may have had its share of challenges and controversies but it has slowly become a good alternative to traditional currency. Many have already started accepting and paying in bitcoins in lieu of traditional money. Bitcoins are particularly advantageous in the field of online gambling as they make it easier to wager and collect winnings.
Typically, gambling sites or online casinos require credit cards or some form of online payment facility to allow players to place their bets and receive the amount they have won. However, not everyone has a credit card. Online payment facilities, on the other hand, require credit cards to become verified and to transfer funds. As such, not many get to enjoy the fun of being able to play casino games through the Internet. There are sites that offer alternative methods for online payments but they are usually unreliable and far from secure. Bitcoin addresses the security and regulatory concerns associated with other forms of currencies or payment schemes employed by standard online casinos.
It would be inexpedient pitting bitcoin online casinos against traditional casinos. As of now, they have their respective advantages and disadvantages that only tend to cancel each other out. Besides, some of the best bitcoin casinos around are casinos that used to only transact using standard currency. The better thing to do would be to just enumerate the many advantages of online casinos that accept bitcoins. These advantages are too compelling that you may just decide to start playing using bitcoins soon enough.
- For one, online casinos that use bitcoins don’t involve fees when transferring and withdrawing funds. When using credit cards or other modes of online payment, you would usually have to pay some fee which accumulate to a large amount over time.
- Bitcoin casinos tend to have more secure transactions. Bitcoins are used in the same way regardless of where they are used. Cryptocurrency transactions are just inherently secure. It’s just up to the users to properly secure their bitcoin wallets.
- The use of bitcoins does not involve third parties and their comissions (just like Bitcoin’s creator Satoshi Nakamoto had planned. As such, transactions tend to be faster. Withdrawals can be completed at the shortest possible time unless the online casino really intends to make it a slow and complicated process (something we will sure take note of in our reviews).
- Moreover, you can expect confidentiality when you play at bitcoin casinos. You can play all you want without divulging you real name. Just enter an alias when you sign up for an account. You will not be prevented from playing and claiming your winnings if you don’t want to reveal your identity.