First Things First… Why Gamble with Bitcoin?
Simply put, Bitcoin makes it much easier to minimize your losses and maximize your gains by allowing you to profit from opportunities that would otherwise slip through your fingers betting with clunky traditional currencies. Ever seen a great opportunity to bet on a sports match with great odds, only to have the odds drastically change before your deposit reached your account? Events like this will become a thing of the past as Bitcoin transactions are near instant, allowing you to quickly deposit money to your player account to take advantage of any great opportunity.
Not only this but betting with Bitcoin is simply far more profitable than playing with traditional currencies. For the most part, Bitcoin casinos and sportsbooks tend to have a far lower house edge than traditional casinos, giving you a much higher chance of winning. Combine this with the fact that Bitcoin gambling portals usually have several lucrative bonus offers available and you have already massively improved your situation!
Why are Bitcoin Casinos so Popular?
When first venturing into the world of Bitcoin Casinos you will almost certainly notice one thing… Bitcoin Casinos are extremely popular! Currently, a large proportion of the cryptocurrency community play at, or have played at an online Bitcoin casino at some point. One of the major reasons for this is because Bitcoin Casinos are closely linked with the success of Bitcoin as a cryptocurrency!
That’s right, Bitcoin casinos are partially responsible for the success of Bitcoin. In the early days when Bitcoin was first becoming noticed by the world, a few clever entrepreneurs were the first to build applications around the technology. The first of these applications took the form of simple betting games, such as dice and roulette, giving Bitcoin users a way to pass the time and gamble with their BTC.
Since then, the Bitcoin casino industry has blossomed into something spectacular, offering an experience that even traditional casinos cannot match. Bitcoin casinos offer an extraordinary variety of games, ranging from slots, table games, live dealer games and more. The variety of games on offer easily eclipses even the largest traditional casinos, meaning you will never struggle to find something new to play.
Besides this, Bitcoin casinos offer something traditional casinos simply cannot – Anonymity. Playing at most Bitcoin casinos is anonymous, as many of these betting portals don’t even require you to register an account! If playing in privacy is important to you, then Bitcoin casinos are the way forward.
Learn About the House Edge
When you get into gambling online, one thing that isn’t always clear is the house edge. In basic terms, the house edge is the advantage the house has in any game you play, this can range from close to 0% to more than 10%. Typically, the games that have the highest house edge also allow you to win the most money due to jackpots, multipliers and other features. You will not to decide the risk level you are happy with, and the decide the outcome you are looking for.
When searching for a new Bitcoin casino to play at, one of the best features a casino can offer is a low house edge on their games. However, don’t let a low house edge fool you into playing at a terrible casino, as this is often one tactic unlicensed and scam casinos can use to draw you in. We recommend finding a happy balance between the feature set you are looking for, e.g. excellent game selection, good customer support, and the house edge.
Take Advantage of Bonus Offers
When it comes to promotions, competitions and bonus offers, Bitcoin casinos simply blow traditional casinos out of the water. Almost every Bitcoin casino worth its salt offers periodic bonuses to their players, these come in a variety of types usually depending on whether you are a new or existing player.
Before playing at a new casino, we recommend checking to see if it has any ongoing offers and promotions. These tend to be limited time events, so it is always best to act quickly when one is available. For more information about casino bonuses and a list of currently active offers at our partner casinos, check out our bonuses section. Bitcoin casino bonuses provide a great way to increase your bankroll, and in some cases, even allow you to make risk-free bets!
Learn a Betting Strategy
One of the best ways to maximize your profits at Bitcoin casinos is to employ strategies that boost your odds of winning. Whether you are playing Dice, Baccarat, Poker or something else, there are almost always strategies available to help you minimizes your losses and give you the very best chance of winning. Often, these strategies can reduce the house edge down to an almost negligible amount.
There are a variety of strategies out there, so do your homework to find the ones that work best. We do not recommend paying to access strategies, however, everything you need is freely available on the internet, but it’s up to you to put it into action. Some examples of common betting strategies include the martingale system, anti-martingale and Fibonacci betting. Remember, every advantage you can get can increase your winnings, so why not ensure your betting strategy is top class?
Finally, always ensure that you remain calm and level headed whilst betting, try to avoid rash decisions and don’t be afraid to mix up your strategies if things aren’t going to plan, practice makes perfect.