Bitcoin and Online Slots: A Guide to Secure and Profitable Gaming

1 – Fairly fair casinos that allow you to verify slot machine bets

A great advantage of the use of Bitcoin coins is that they are very fair and allow players to verify how slots machines are so impartial. Many casinos that act within the law and are fair to their players allow them to verify if the bets are really authentic, in this way they instill confidence in the players. They know that any mistake they make can be verified through the Blockchain technology. Players can feel more secure in casino games with the use of Bitcoin currency. In general, most regular casinos must be constantly monitored by audits made by third parties. But in the case of casinos that act legally and honestly with their players, they know that the auditors are the players themselves.

2 – Making deposits from Bitcoin Casino is not as difficult as it seems

The BTC can be a barrier for the players in the casinos but in the case of the Bitcoin currency, it is not so difficult to make the deposit in the online casino. The steps to make these deposits are very simple; it only requires the player to visit an exchange site where they can acquire the Bitcoin currency.

Among the most recommended sites are Coinbase, Gemini, and Kraken. These are the sites that have become most popular for this purpose. Once you have the Bitcoin coins, the player must find a bank that allows you to transfer debit cards only to make exchange deposits.

3 – The players have won some big jackpots of Bitcoin slots

 Internet slots have become very popular, due to the great prizes they promise their players, among those who have paid those great prizes in recent years, are the Bitcoin casinos, one more reason to play with confidence in these Bitcoin casinos.

In the year 2013 in the month of September specifically, there was a lucky winner with a Bitcoin slot, with a jackpot that reached the amount of 11000 Bitcoins. A great feat, since that moment I have shown that what the prizes are paid in full in these casinos.

4 – Bitcoin slot jackpots have not been caught in the Fiat Jackpots

In recent years there have been great prizes won in the slot machines at the BTC casinos. Although they are large sums, they do not compare with the biggest and outrageous prizes they have handed out at all times.

In the year 2018 the winner of the greatest prize of all time in the internet slots, the Mega Moolah was the game that gave him an amount of $20.1 million, the most amazing thing was that he was an anonymous player.

Previously the Mega Moolah had a record, a soldier named Jon Heywood from Great Britain had taken a prize of $17.9 million, which happened for the month of October of the year 2015 specifically.

The progressive jackpots in online slots have jackpots that can make a player millionaire at any time; they have sums that are worth from $1 million, up to amounts of $12 million: they are really considerable sums, although they do not exceed the record gained so far.

5 – Your Bankroll can fluctuate a lot from one day to the next

The contradictory thing about Bitcoin currencies is that you never know when you can change the value of the currency. The fluctuations of these currencies are in constant change during a single day, this is amazing but it has been like this throughout the history of that currency.

6 – You can get a Bitcoin slot bonus

Normally, normal casinos always attract new players with welcome bonuses, for Bitcoin casinos, it is the same but with BTC bonuses. Another important fact for the players of the Bitcoin casinos is that the value of the currency can vary from one casino to another, it can be an advantage, but as the currency is constantly fluctuating there are no guarantees. In general, the maximum value is 0.1 to 1 BTC.

 7 – You must get used to the Bitcoin slot denominations

Players who are accustomed to their slot machines in dollar values, the safest thing is to know how to master the machines with USD or Euros, the calculations must be very easy to do for them.

Pro when it comes to the Bitcoin machines, these require that you get rid, as it presents denominations that cannot translate common currencies.

8. You can quickly withdraw your winnings from Bitcoin slots

In case of transactions to withdraw money, casinos have many ways to get their money to their players, through different methods, such as debit cards, credits, checks, transfers, and even electronic wallets that many times they require that they are authorized to be able to make the transaction.

But on the other hand, the Bitcoin casino is much faster and more efficient in this process; in this case, the miners approve the BTC transactions.

9 – Bitcoin allows you to play slots in more online casinos

For players who are in US territory, it may be complicated to play in some of the friendly casinos, due to the regulations of casino laws. The law on the application of online gambling (UIGEA) prevents unregulated transactions. This law makes it very difficult for you to play at random, above all, at offshore casinos.

The federal government is the one that has always controlled financial institutions. The payments do not apply in this case to the transactions made by fiat according to the UIGEA law.

FAQ: Understanding Bitcoin Casinos

What makes Bitcoin casinos fair?

Bitcoin casinos stand out for their transparency. Players can verify slot machine bets through Blockchain technology, ensuring that the games are impartial and the bets authentic. This system instills confidence, as players can check for fairness, unlike traditional casinos, which rely on third-party audits.

How does one make deposits in Bitcoin casinos?

Depositing money in Bitcoin casinos is more straightforward. Players must acquire Bitcoin through exchanges like Coinbase, Gemini, or Kraken. Once obtained, players can use these Bitcoins to deposit into their casino accounts, often through simple bank transfers that now accommodate cryptocurrency.

Have there been significant jackpots in Bitcoin slots?

Yes, Bitcoin slots have awarded substantial jackpots over the years. For example, in September 2013, a player won a jackpot of 11,000 Bitcoins. This demonstrates that Bitcoin casinos can pay significant sums, comparable to traditional fiat jackpots.

How do Bitcoin slot jackpots compare to traditional fiat jackpots?

While Bitcoin slots offer significant prizes, they must reach the heights of the largest fiat jackpots. For instance, the record fiat jackpot was $20.1 million from Mega Moolah in 2018. Bitcoin jackpots are impressive but haven't yet been able to surpass these top amounts.

How stable is the bankroll in Bitcoin gambling?

Due to the volatile nature of cryptocurrencies, bankrolls in Bitcoin gambling can fluctuate significantly. The value of Bitcoin can change dramatically within a single day, affecting the overall value of a player's bankroll in their casino account.

What are Bitcoin slot bonuses?

Bitcoin casinos offer various bonuses similar to traditional online casinos but in Bitcoin. These can include welcome bonuses with deposit matches and free spins, and, due to Bitcoin's fluctuating nature, the. The actual value of these bonuses is natural.