Bitcoin Casinos or Bitcoin Gambling sites are just like regular online gambling sites, but instead of betting the traditional fiat currencies like USD, EUR or GBP, here you will stake Bitcoins. Some peoples say that it is the future of gambling. But it needs to implement the Blockchain technology into the casinos instead of using the cryptocurrency, because of the legal status. The public acceptance of the bitcoin paved the way to the rise of bitcoin casinos.
Games that you can play on Bitcoin Casinos
Before knowing the most games played on Bitcoin Casinos, get here to know about Bitcoins. The most played games on the Bitcoin Casinos are listed below.
Bitcoin Dice: Bitcoin Dice is very simple to play. Just take the virtual cup and let the dice roll inside of it. The bet amount will calculate the payout of the game. Here, casinos will always have the upper hand, but the player sometimes can get lucky and win the game.
Bitcoin Poker: The Bitcoin Poker is the game that depends mainly on the player skills. Bitcoin Poker is just only the platform, and the players will play against one another on this platform. Some of the countries will have specific laws to prevent the players from playing plat poker on the online casinos, but there will be no problem like this with Bitcoin Casinos.
Bitcoin Roulette: It is the most played game played in the real casinos. While playing on bitcoin casinos, you will have more chances of scoring big payouts as there is only zero on the wheel.
Also, Read about Bitcoin Generator.
Advantages of using Bitcoin Casinos
The key benefits of gambling with Bitcoin Casinos are listed below
- There will be no involvement of third parties in the transaction.
- The transactions in the Bitcoin Casinos are well secured.
- While gambling online, bitcoin casinos offer complete anonymity.
- The cost to transfer the bitcoin in Bitcoin casinos is entirely free.
Disadvantages of using Bitcoin Casinos
Bitcoin Casinos also have some problems, and the cons of Bitcoin Casinos are listed below
- Sometimes the gamblers will be required to pay taxes on their winning amount.
- The irreversible of bitcoin in Bitcoin Casinos is impossible.
- The Value of bitcoin will vary (increase or decrease) in short period.
Bet Sizes on Bitcoin Casinos
On the common gambling sites, you may play fiat currencies like EUR, GBP or USD. On Bitcoin Casinos, you will be gambling with Bitcoins (BTC). One Bitcoin is a lot of money, and the Bitcoin Casinos will let you bet in mBTC. The value of 1 BTC is equal to 1000 mBTC. The gambling sites use this trick to trick the brains of the players. The players will think they have a lot of chips and they will not hesitate to risk one more. It is essential for the players to know the value of each chip. The values of standard chip sizes are listed below
- 1 mBTC Chip = 0.001*644 = 0.64 USD
- 5 mBTC Chips = 3.22 USD
- 10 mBTC Chips = 6.44 USD
- 20 mBTC Chips = 12.88 USD
- 25 mBTC Chips = 16.1 USD
- 50 mBTC Chips = 32.2 USD
- 100 mBTC Chips = 64.4 USD
- 200 mBTC Chips = 128.8 USD
- 400 mBTC Chips = 257.6 USD
(Note: The above measurement is calculated on the basis of one bitcoin = 644 USD).
Top 5 Gambling Sites or Bitcoin Casinos of 2018
These are several bitcoin casinos, or gambling sites are available, and we listed out the top 5 gambling sites.
Games: Table Games, Video Poker, Live Casinos, Soft Games, 3D Slots.
Bonus: 100% Welcome Bonus.
Pros: High Betting Limits, Huge selection of sports betting options.
Cons: No customer support, no live chat, It accepts bitcoins only.
Games: Sportsbook, Live Games, Lottery, Table games.
Bonus: 100% Deposit Bonus.
Pros: Live Games, Fast Registration, The Sportsbook accepts bitcoins.
Cons: The websites of 1xBit has to be redesigned, No options for banking other than cryptocurrencies.
Games: Table Games, Jackpots, Blackjack, Hi-Lo, Slots.
Bonus: Legally Operating Bitcoin Casino, 100%bonus, 20 free spins.
Pros: Multiple payments methods.
Cons: No feature for the sportsbook.
Games: Mines, Plinko, Chartbet, Dice, Roulette, Hi-Lo, Baccarat, Blackjack.
Bonus: BTC Faucet.
Pros: BTC Faucet, Hassle-Free signups, Fast Loading screens.
Cons: Limited number of games, no feature to support the phone.
5. 7Bit Casino
Games: Slots, Blackjack, Dice, Table Games, Roulette.
Bonus: 100% Bonus, 100 Free Spins.
Pros: Support for Live Chat, Incredible rewards, Simple website design.
Cons: No feature to support Sportsbook.
These are the Top 5 Gambling Sites are available to gamble with Bitcoin. For further Queries about Bitcoin Casinos, please comment below.