Bitcoin, the world's premiere crypto currency, continues to surge in the online casino world with pure Bitcoin Casinos to go along with mainstream online casinos continuing to adapt to the times by making Bitcoin, and for that matter other alt coins as banking options.
Making Bitcoin Wagers
Whether you are playing at a pure Bitcoin Casino or a hybrid online casino where you have the option of banking with Bitcoin, what you will absolutely need to handle your transactions is a valid, Bitcoin wallet. It is important to note that Bitcoin is a complete digital currency, therefore it has no need to work with banks. The Bitcoin wallet of your choice will be built on Bitcoin technology, providing extra security with its nodes. With the Bitcoin wallet, you will transfer funds from the Bitcoin wallet to the casino's bank accounts for safe keeping.
And once you've made your deposits, you're all set to go. Simply play the slot or table game of your choice, just like you would regular currency.
Concerned for accuracy and fair game play, many Bitcoin supported casinos feature a system known as provably fair, which was specifically designed for cyrpto currencies in mind. Under this system, the onus is on Bitcoin casinos to provide to its members that the bets they placed where fair and accurate via a cryptographic hash, which is virtually unbreakable, providing extra assurance to the players that their bets are placed with random chance. Simply put, provably fair is a smart based contract system between the casino and the player.
Inspiration To Make Bitcoin Wagers
For hybrid online casinos that recently have added Bitcoin to their banking arsenal, they may feature exclusive promotions pertaining to Bitcoin to help members begin using this currency. And for pure Bitcoin casinos, the welcome packages normally feature matching bonuses up to a certain Bitcoin amount. It is not uncommon to find these casinos have match bonuses on second and third deposits. And just like traditional online casinos, the more wagers you make with Bitcoin, the greater the chance to receive that exclusive VIP invite or in many instances, the particular Bitcoin Casino in question has a multi tiered VIP level, where the more points you accrue, the higher the level you will ascend to, so it definitely pays to make your wagers with Bitcoin. For any questions the customer support team can be reached or you can visit the frequently asked questions section of that particular casino.