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Since Bitcoin is a bit of a newer currency to casino players, as well as other types of consumers, you may wonder if there are going to be limits to the games you can enjoy.
When Bitcoin casinos first started showing up online, they were pretty limited. In fact, some focused mainly on dice.
However, things have changed a lot in this respect and now players can go to a fully-dedicated Bitcoin casino and partake in many different types of casino games, as well as other gambling opportunities.
Each Bitcoin casino can greatly vary when it comes to the games they have to offer. There are still Bitcoin casinos who choose to stay a bit n the simple side and focus on a fewer number of games.
However, there are others that give players access to all types of casino games with a few examples of them including dice, slots, card games, video poker games, lottery games, specialty games and arcade games.
This has led to many of them adding Bitcoin to their roster of acceptable deposit and withdrawal options.
Most casinos that accept Bitcoin give you access to their full list of available games. If you are considering making the switch to a Bitcoin casino or thinking about choosing to go with Bitcoin deposits at your current online casino, you probably have quite a few questions.
Here are some of the more common questions asked by those interested in learning more about Bitcoin, as well as the answers to them:.
When Bitcoins first made their appearance in the online casino gaming industry, they were found on actual Bitcoin casinos dedicated to Bitcoin players.
Therefore, many popular online casinos have now decided to add Bitcoin as an accepted payment option. This gives you a lot more choices with regards to the casino you can choose to spend your time at.
Am I still eligible for promotions when I play with Bitcoins? Yes, while not all online casinos offer promotions, no matter what currency you are depositing with, most do and that includes casinos that accept Bitcoin.
You do want to check in the promotions area of the casino and read up on the different offers to verify that certain ones are going to be available to you as a Bitcoin player; as some may only be for players who specifically deposited with a particular form of currency.
Even straight Bitcoin casinos are known for offering special promotions for you to take advantage of. What games are Bitcoin players eligible to play?
Once you make your deposit into an online casino account with Bitcoin, you will have credits in your casino account. Those credits should be able to be used to play any of the games offered at that casino, unless otherwise stated in the rules.
This means you can feel free to play dice, slots, card games, video poker games , lottery games or any other games you feel compelled to enjoy.
Can I withdrawal Bitcoins? Just as how you can make deposits using Bitcoin, you can also male your withdrawals using Bitcoin. When you make your withdrawals, the Bitcoin amount you withdrawal will be put back into your Bitcoin wallet.
Now that you have answers to some of the questions you may have, you can feel more confident using Bitcoin for deposits and playing at these online casinos.
Are you a current player at another online casino? Do I have to play at a dedicated Bitcoin casino? In fact, the currency is considered digital gold and is created in the process called mining done by users themselves, subject to specific rules and a predictable rhythm, which further makes the blockchain network resistant to inflation.
Anyone can mine Bitcoin, and the more it is used, the greater its value becomes given that it is derived based on supply and demand, as opposed to the material the money is made of, such as gold or paper.
This might have been true early on, but right now the situation is anything but. More and more retailers are recognizing the popularity and potential of Bitcoin transactions, accepting the currency and making it a viable way to manage online purchases.
Alternatively, for those who are intrigued by the prospect but fearful of unforeseen consequences, there is a way to link Visa debit cards to Bitcoin wallets: Bitcoin does fluctuate quite a bit , but its value is also registering unprecedented growth — some predict the price might even hit half a million dollars by It is not a stretch to consider this a probable outcome, and therefore not a surprise to see so many hopeful investors interested in digital cash.
After all, you will always have the same amount of Bitcoin regardless of how much or how often the value decreases or increases.
Count in the near-instant speed of transactions, and you have much more leeway to buy and sell at the highest available price. Furthermore, retailers and companies are recognizing this issue as a valid concern, and try to come up with ways to bridge the problem by allowing customers to purchase or sell items and services using Bitcoin, but to receive the value in the amount of the current BTC price in any major currency.
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The Bitcoin casinos listed by Casinowhizz. They run on software platforms powered by Betsoft , Rival, Saucify and RealTime Gaming , plus each cryptocurrency casino offers first time depositors a welcome bonus package while loyal depositors receive perks that range from comps to rebate on their losses.
The first two and a half years Bitcoin went from being an unknown cryptography to a niche online currency.
In February , BitcoinMarket. The abbreviation for Bitcoin is BTC. A single bitcoin is 1BTC. In the past the U.
S government froze player funds because they gambled at unregulated offshore casinos. For a small fee you can send and receive Bitcoins over the Internet in U.
S Dollars, Euros or British Pounds. This could be done through web wallets. Before you can transact in Bitcoins you need a Bitcoin wallet.
It allows any two parties to transact with each other without the need for a trusted third party banks. You can now purchase bitcoins with your credit card at any trusted vendor who trades with it.
Tens of thousands of players are using cryptocurrencies like Bitcoin and Litecoin as deposit and cash out methods at provably fair bitcoin casinos.
Online casinos added Bitcoin to their payment systems because of its low withdrawal fees, security and anonymity.
Compared to traditional payment methods, digital currencies ensures that withdrawals are cleared within in a jiffy, by this we mean within a couple of hours tops.
Before you can deposit and wager online you need a bitcoin wallet. The best bit about Bitcoin is that it does away with a third party payment processor.
One of the greatest perks Bitcoin casinos have in stored for players is that each game is fair because they use a Secure Hash Algorithm, SHA Essentially this ensures that each game is completely random offering players a decent chance at winning.
Provably fair gaming is determined through the following criteria: Once the random seed has been generated it is encrypted by the server into a hash code.
You have to agree with us that the above mentioned sounds like the real deal, not so? To ensure that everything is above board you can use a hash calculator, it will help you with the SHA of the unhashed server seed.
As a relatively new casino, Cherry Jackpot acquired a sizeable portion of the USA online casino market and for good reason. Bitcoin transactions are cleared within 10 minutes plus all its games are provably fair.
It offers a wide range of games from different vendors, supports Bitcoin payments, weekly promotions and a multi-tiered rewards program for loyal players.
Playamo Casino is another multi-tiered trustworthy digital currency casino with more than games in its tally.
Bitcoin really leveled the playing field for players situated in jurisdictions that frowns upon online gambling. Thanks to Bitcoin the digital currency circumvented gambling legislation by enabling players to play online.
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