What are the advantages of a bitcoin casino? from mila eryomina's blog

Fans  of bitcoin casinos know  that the hall is not very different from other gaming establishments. The main differences and advantages are the permission to permanently use bitcoin and other cryptocurrencies as a payment method.

The existence of such casinos supports the development of the world of cryptocurrencies. After all, with an increase in the number of payment methods for each type of digital currency, the crypto market itself develops.

Unlike classic casinos and in addition to the possibility of paying with cryptocurrency, Bitcoin casinos offer other additional options. One of them is the possibility of providing complete anonymity.

The usual payment methods used in classic casinos are always tied to a certain person, who can be identified quite easily. In this regard, the use of cryptocurrency has its advantages, which led to the creation of anonymous casinos, but there are still very few of them due to the presence of certain restrictions. Learn more at bestcryptogamblingsites.info.

What games can you play when you pay with bitcoin or another cryptocurrency?

The choice of games in crypto casinos is practically the same as in classic ones. However, each Bitcoin casino offers its own list of games.

You can use your bitcoins and other virtual money to play most popular casino games:

• slots (slot machines);
• roulette;
• blackjack;
• bones;
• video poker.

Each casino has its own selection of games, so it's always best to check the availability of your favorites first before registering on the site. Also learn more about XMR betting sites.

How do we evaluate and form a Bitcoin casino rating?

We conduct thorough and unbiased reviews of all online casinos. Essentially, the review process is the same for all casinos. Read more about the process itself here.

In short, there are two important factors that we pay attention to:

• Casino Size – Larger casinos have larger revenues and can provide large payouts at any time. Smaller casinos in this case may experience certain financial difficulties, so it is always better to opt for larger ones.
• The attitude of the casino towards the players - most casinos act fairly and do not look for excuses when the client wants to withdraw funds, however, there are a certain number of casinos that act exactly the opposite. We analyze player complaints to check what policies a particular casino adheres to.

Of course, we take into account many other factors, but these two are the most important. For more information on how we form our reviews, please read the article linked above or our fair play code.

What will be the currency in the game?

This is the only question about crypto casinos for which we do not have a clear answer. Each Bitcoin casino has its own rules. Let's look at a few examples.

Eldorado Casino allows you to deposit bitcoins and your account will be in BTC. You also play in BTC, however, some games will only be available if you deposit EUR or any other fiat currency into your account. This casino supports many other cryptocurrencies besides bitcoin.

Casino Champion only allows deposits and withdrawals in cryptocurrencies (BTC, ETH, DASH, LTC), although your current balance at this casino is displayed in USD. The casino website explains that this was done for the convenience of the player. Your USD balance is updated every 10 minutes according to the current exchange rate, so your BTC balance is not affected by market changes.

Cosmolot allows players to deposit and withdraw funds in bitcoin, however, the account balance and bets are displayed only in US dollars. The bitcoins you deposit are converted into USD according to the current exchange rate, and when you withdraw, they are re-converted into bitcoins according to the exchange rate at the time of the transaction. This means that the value of your bitcoin balance can be affected by changes in the market.

Instead of a conclusion

These are just three examples. Each casino has its own methods of working with currencies, so we recommend that you first carefully familiarize yourself with all the details of depositing and withdrawing funds in bitcoins in the casino of your choice. This information may not always be available on the website of the respective casino, but should be provided by customer support if necessary.