Tag: Bitcoin
How Low Can You Go with These No Minimum Deposit Casinos?
Freedom of choice is a wonderful thing and being forced to deposit more than you want to because a casino has minimum deposit limits as high as $/€20 can be off-putting. If you were planning on making an upper-range deposit, then limits may not bother you, but if you prefer to have complete control over how much or how little you deposit, a casino that has more flexibility in its deposit limits may suit you better. We’ve heard of $/€1 minimum deposit casinos, but if you really want to deposit less, how low can you go? We’ve compared several minimum deposit casinos to find out.
Advantages Of No Minimum Deposit Casinos
There are several advantages to choosing a casino that has very low, or no minimum deposit restrictions.
- Casinos that have no minimum deposit limits tend to have a wide variety of payment methods. It is very rare to find a casino that supports Visa and Mastercard only, that also allows a $/€1 minimum deposit. Flexibility is a philosophy, and it tends to make itself obvious in the range of choices a casino offers.
- You have full control of your deposit amount. You do not have to deposit more than you had planned simply because the casino will not accept a low deposit. A low minimum deposit casino takes the whiff of elitism out of online gaming. Anyone over 18 can play, at any price range.
- Making a very low deposit is an excellent way to test the functionality, games and support system that an online casino offers, without making a big financial commitment. If you are wary of trying a new casino, or if you are a new player and not sure how an online casino functions, making a low deposit and testing the platform is the best way to start, with the lowest possible risk.
- If you can find a casino that offers bonuses on small deposits, you can double your deposit (depending on the welcome offer) and extend your playtime. If you are playing games with low stakes, you could build up a reasonable balance from just a small deposit, if luck is on your side.
Some Of Our No Minimum Deposit Casinos
Our website specialises in finding casinos in various different minimum deposit categories. We have found several highly rated casinos that will allow you to make the smallest possible deposits to give you access to a wide selection of quality casino games. In some cases, the lowest minimum deposits will be linked to a particular payment method, while in others you have a range of payment options. Generally, a low minimum deposit will not earn a welcome bonus, but you can find some casinos that will give you a boost on your deposit. Here are some of the best low deposit casinos we have found for you.
22Bet Casino – Get a Bonus with a $/€1 Deposit
22Bet is a vast gaming platform that provides you with a full sportsbook to bet on a wide range of markets, and an impressive casino where you can play a huge selection of slots, table games and Live Casino games. In line with this concept of abundance, 22Bet gives you a long list of payment options that you can use to fund your account… and most of these options allow minimum deposits of $/€1.
Aside from its impressive game list and sportsbook, what makes 22Bet outstanding is the fact that the casino will give you a 100% bonus on your first deposit, even if you deposit $/€1. There is no lower limit to the bonus eligibility. You can choose to claim the 100% welcome bonus for sports betting, which will give you up to $/€122, depending on your deposit amount, or you can claim the casino welcome offer, which will give you up to $/€300 on your first deposit.
If you play casino games or follow sports on your mobile, 22Bet has an excellent mobile app to make your gaming more convenient. The website will adjust to functioning as a mobile casino in your browser if you prefer.
Gaming Club – No Lower Limits with Paysafecard
Gaming Club is a classic Microgaming casino, so you can expect an excellent collection of slot games with the software provider’s trademark bonus features and range of themes, from vampires to blockbuster movies. You can play a variety of poker, blackjack and roulette games in the online casino format, or you can enjoy a touch of real-world authenticity and play with a real dealer in the Live Dealer section. The casino offers a welcome package that could get you up to $/€350 over your first two deposits, but you need to deposit at least $/€10 to qualify for the 100% deposit match bonuses.
The minimum you can deposit at Gaming Club depends on the payment method you choose. If you use Visa, Mastercard or Maestro, for example, you need to deposit at least $/€10. If you prefer Skrill, Neteller or Echeck, you can deposit $/€5. If you use Paysafecard to fund your account, there is no minimum. You can deposit as little as you want.
Casino Z – Deposit $/€1 with Most Payment Methods
If deposit flexibility if what you are looking for, then Casino Z is an excellent choice. It has multiple payment options, from Visa and Mastercard to cryptocurrency. You can fund your account with a variety of web wallets, bank transfer methods, pre-paid cards, or even self-service terminals, depending on your location. The minimum deposit for most of these payment methods (including debit or credit cards) is $/€1.
Casino Z is a user-friendly gaming platform with an intuitive layout and simple navigation. Don’t let the simplicity deceive you, though – there are well over 5000 casino games in its impressive collection. The casino offers a range of slot and table games, including progressive jackpots, dice, lottery, cards and 3D games. There’s a full Live Casino that offers casino classics like blackjack and baccarat with a real dealer. You can also play in tournaments of you enjoy competing against other players.
Casino Z has a very generous welcome package. You could get up to $/€1500 and 150 free spins over your first four deposits. To trigger the first bonus, you need to make a minimum deposit of $/€10. This qualifying amount increases to $/€15 to access the rest of the welcome bonus package.
Best payment methods for no minimum deposit casinos
Although some of the low deposit casinos we found can accept $/€1 payment from Visa and Mastercard, using your credit or debit card might not be the best way to fund your casino account. When you wish to make a withdrawal, the processing times can vary from a few minutes to an entire week. Other payment methods tend to take around 15 minutes to complete your transaction. Some banks may block any transactions from a casino, so to avoid frustration and long waiting times, it’s a good idea to think about alternative payment methods.
Paysafecard
Paysafecard is a pre-paid card that works like a voucher system. You can buy a card at any land-based or online outlet in various denominations. You will receive a 16-digit pin code that you use in place of credit card details. It is one of the safest methods to perform a financial transaction online as you are not sharing any banking details with the casino. You can create a Paysafecard account for extra convenience.
Paysafecard is widely available as a payment method at online casinos. The only negative point about Paysafecard is that you can’t use it to make a withdrawal from most casino accounts. Because many casinos insist that you use the same method to process a withdrawal as you used to make a deposit, you might need to transfer more funds to your account with a different payment method if you want to withdraw your funds. However, if you are testing a casino and are unsure about its privacy or security policies, Paysafecard is one of the best methods to use.
Bitcoin and other cryptocurrencies
A few years ago, playing casino games with cryptocurrency was not possible, but as digital currency exploded in popularity, the online casino industry took note. Due to the nature of the transactions, playing in cryptocurrency is one of the best ways to preserve your online privacy, and it offers much more flexibility than conventional payment methods. As more casinos adopt this payment type, you will be able to enjoy lower minimum deposits and almost unlimited withdrawals at more online casinos. At the moment, there are numerous casinos that specialise in cryptocurrency payment methods, particularly Bitcoin. This number will grow as more casinos and players begin to understand the value of using this funding option.
EcoPayz
If cryptocurrency or pre-paid vouchers don’t appeal to you, a different payment system may be a better method for you to make the lowest possible deposits. Although EcoPayz is supported by a number of online casinos, not all of them allow you to make a small deposit with this method – but it is possible. You can deposit as little as $/€1 with EcoPayz at Casino Z. Deposit transactions will reflect instantly, and there are no service charges.
EcoPayz is a payment solution that allows for the safe and convenient transfer of funds worldwide. You can make ATM withdrawals and spend your funds abroad if you wish. Based on a contactless card system, you simply apply for your EcoPayz card when you set up your account, transfer funds to your account, then use your card to make deposits and withdrawals from your casino account. You will never need to share your personal banking details with the casino. This payment system is available in 8 currencies and is highly rated for both ease of use and security.
Is there one Casino Payment Method to rule them all?
Online casinos have vastly expanded their funding options in recent years. Aside from credit or debit cards, there are a variety of web wallets, pre-paid cards and bank transfer methods available to you. With the growth of cryptocurrency, the options have expanded even more, but how does impact on you? Aside from additional choices, each of these payment methods offers different advantages as well as disadvantages. Considering all the factors, is there one deposit method that beats all the others? We analysed some of the more popular options to find out.
Why choose Paysafecard
Paysafecard is the most well-known pre-paid card option that you can use to fund your casino account. It is the easiest method to use, especially if you do not have a credit or debit card, or don’t wish to use them. All you need to do is buy a card pre-loaded the amount that you wish to spend and use the 16-digit number on your card to transfer the funds to your casino account. Because this card is not connected to your bank account or bank cards, it offers a high degree of security.
Deposit Methods
Paysafecard is essentially a voucher, which means that instead of depositing funds into the card, you buy a card that is a pre-loaded card with the value you wish to play. You can buy Paysafecards at any number of approved land-based outlets or you can buy them online. To buy an online card, create your account at an approved online vendor, select the value that you wish to buy and pay the vendor using one of the available payment methods. You will receive your PIN and can use that to fund your casino account.
Withdrawal
One of the main disadvantages of using Paysafecard is that you can’t use this payment method to make a withdrawal. Because most casinos insist that you use the same banking method to withdraw funds from your casino account as you used when making a deposit, you may need to use a different banking option to make a second deposit before you can withdraw any funds. The best time to use Paysafecard is if you wish to try a new casino but wish to withhold banking information until you have built some trust with the casino.
Play Using Bitcoin
A few years ago, Bitcoin was virtually unknown, but now the pool of casinos that support this cryptocurrency option is widening rapidly. There are several advantages to using Bitcoin to play casino games. It offers fee-free transactions, online privacy, as well as instant deposits and withdrawals, so you don’t have the long delays associated with traditional banking processes. Bitcoin is also a convenient payment option, especially if you are playing in a different currency to your own. When you make a Bitcoin casino deposit, it will be converted into the currency you select.
Deposit Methods
The simplest way to get started with Bitcoin is to set up your Bitcoin wallet. Several online companies offer these, and they provide a way of storing your Bitcoins. You may need to provide personal and banking details to set up your wallet. Once your wallet is set up, you can buy fractions of Bitcoins (or whole ones if you really want to splurge). When you are ready to make a deposit into your casino account, simply follow the prompts for depositing in Bitcoin. Please note, though, that some casinos will disable bonuses if you deposit in Bitcoin.
Withdrawal
Before you use Bitcoin to make a deposit, it is worth checking first if the casino will allow you to use this method to make a withdrawal. Most casinos will allow it, but some do not. When you want to withdraw your winnings, simply choose Bitcoin as your withdrawal method, and give the casino your public Bitcoin wallet number so it knows where to send your funds. The better crypto casinos will offer you instant deposits and withdrawals, and will not place an upper limit on either, so Bitcoin actually gives you a lot more flexibility than any other payment option.
The benefits of using Interac
Interac allows you to make a deposit into your casino account directly from your bank, without sharing your banking details with the casino. Only available in Canada, this payment system links a network of banks across Canada, and along with other services, gives players a safe way to make banking transactions online. Known as an extremely safe payment option, Interac transactions are also cost-effective and fast.
Deposit Methods
Because Interac is essentially a network that links multiple banks across Canada, you do not need to create an account or fund it in order to use it. You simply need an account at an Interac-linked bank and you need to be playing at a casino that supports Interac. When you need to make a deposit, simply select Interact and when the merchant gateway opens, select your bank from the list. This way, you will be able to transfer funds from your bank to your casino account with Interact as the privacy buffer zone between the two accounts.
Withdrawal
Making a withdrawal from your casino account can take a little longer than the deposit, but the process is equally simple. When you want to cash in your winnings, indicate the amount you want to want to withdraw, select Interac as your payment option and follow the prompts. Depending on the combination of casino processing time and bank processing time, you could wait around 3 to 5 days for your funds to reach your account. Some casinos may offer Interac as a deposit option but will exclude it from the withdrawal options, so it is worth checking the banking section when choosing a casino.
This is why you should try Trustly
Since 2016, Trustly has helped gamblers to make faster, simpler, and safer payments to participating in online casinos. Trustly is similar to Interac in that it allows players across Europe to perform online transactions from their own bank accounts without sharing their banking details. Trustly is linked to a huge network of banks across Europe and any account holder can use their own bank accounts to shop or play online if the merchant or casino supports the payment method.
Deposit Methods
This payment method offers an easy way to make a deposit into your casino account using your own banking details, and you do not have to create a separate Trustly account and fund it as you would a traditional web wallet. Trustly basically uses your banking details to perform the transaction for you, so the casino never sees your details.
Withdrawal
Making a withdrawal through Trustly is as easy as making your deposit and follows a similar process. Simply select the option, and select your country and bank when prompted, and follow the steps to complete the transaction. It can take 3 to 5 working days to process your withdrawal.
Payment Options Frequently Asked Questions
❓ What do I need to deposit with Trustly?
🙋♀️ Which payment method is best to use?
💳 Can I use Interac in Europe?
💲 Do I pay deposit fees with Paysafecard?
BitCasino – 100% up to 1 BTC
BitCasino is an online 20 deposit casino that only accepts Bitcoin. Established in 2014, BitCasino was the world’s very first legally licensed and regulated BTC casino. The casino holds a license from the prestigious Curacao eGaming authority.
Not only has BitCasino broken ground in the online casino industry, but it’s managed to remain top in the category of Bitcoin-only casinos for several years running. It’s even bagged itself an enviable reputation amongst its competitors, having been nominated in 2016 for the EGR Operator awards in the category of Rising Star.
The entire casino runs on an easy to navigate 5 HTML design, presenting you with a user-friendly experience both on desktop and mobile devices. The casino contains tons of popular 3D slots and video slots, making for an entertaining and truly immersive online gaming experience. In fact, the lobby boasts over 1,300 games from some of the best software providers, including Pragmatic, NetEnt, Asia Gaming, Betsoft, Quickfire, Ezugi, Evolution and plenty of others.
Over and above all that, BitCasino welcomes new players with a generous 100% deposit bonus and there are always free spins up for grabs at this casino.
BitCasino 100% Deposit Bonus
The most important part of our BitCasino review has got to be the generous welcome bonus. All new players who register an account and make their first deposit can avail of a 100% deposit bonus up to 1 BTC.
As soon as you’ve registered your account, head to the “My Bonuses” section and make a deposit to instantly receive your 100% deposit bonus. Your bonus is available for 30 days and carries a 35x wagering requirement. Best of all, there’s no cap on how much you can cash out once you’ve met the playthrough requirements.
While there weren’t any free spins on offer during our review, the casino regularly updates its promotions to include free spins bonuses, so keep an eye on their page!
Easy Deposits and Withdrawals at BitCasino
The deposit process at BitCasino is one of the easiest we’ve come across. While the casino typically only accepts Bitcoin, there are a few other options on offer. The casino recently added Ethereum to its list of accepted banking methods, and you can deposit a range of altcoins, including Neo, Edgeless and Bitcoin Cash. All of these are automatically converted into Bitcoin for gameplay.
BitCasino requires a minimum deposit of 1mB and three confirmations for every Bitcoin transaction. It sounds long-winded, but you’re really up and playing within a matter of minutes.
The withdrawal process is just as easy. In fact, you can have your winnings back in your Bitcoin wallet in less than an hour.
Casino Features and Games at BitCasino
BitCasino, as a prestigious Bitcoin casino, has all the bells and whistles. This casino has made sure it covers every possible aspect of online gambling, so there’s something for all bankrolls and preferences. There’s a fully stocked portfolio of slots and traditional casino games, along with a live casino, lotteries and a sportsbook.
We had a lot of fun trying out the slots during our BitCasino review. With so many top-notch software developers on board, like Play N’Go, Endorphina, Big Time Gaming, and Tiger Games, you’re hard-pressed to find a more impressive selection at other Bitcoin casinos.
From Betsoft’s Greedy Goblin and the Slotfather to Play N’ Go’s Book of Dead, and even the Mexican-themed Cinco de Mayo, there truly is something for everyone.
We know hours can tick by when you’re having fun, but fortunately, BitCasino offers a time out and other responsible gambling measures, should you feel you need them. The casino even has a neat link to a mindfulness meditation app which can bring you back to a peaceful and calm manner if things aren’t quite going your way.
Play At Home or On the Go with Bitcoin
Besides the benefit of the 100% deposit bonus at BitCasino, you can play all your favourite casino games at home on your desktop computer or on the go with your tablet or smartphone. All you need is the same username and password to log in and start playing.
There are over 1,500 games on offer at BitCasino, and besides hundreds of slots titles available on the mobile site, there are also mobile-focused table games, including roulette, blackjack and baccarat courtesy of a developer called OneTouch. These games are, of course, available on the desktop site, but they really do shine on mobile.
A Phenomenal Bitcoin Casino Experience
We enjoyed our BitCasino review for many reasons, and one of them has got to be out of this world user experience. The site is an absolute pleasure to navigate thanks to its slick design and fast loading. One feature we really like is the ability to place games in a Favourites category, which then appears on the top bar for fast, efficient navigation to the casino games you just can’t get enough of.
Another neat thing about this online Bitcoin casino is that it is powered by the proprietary platform, Coingaming.io. That means you can look forward to new updates and features being released at lightning speed since there’s no need to rely on third parties.
A Safe and Secure Gaming Environment
While all these features, free spins and the 100% deposit bonus sound great, you always want to be sure you’re playing at a trusted online casino. In BitCasino’s case, the casino is licensed and regulated by the government of Montenegro and they only use trusted and reputable software providers. That means you can look forward to unbiased and fair games.
The casino also employs the latest security technology to keep your details safe from prying eyes and being a Bitcoin-only casino, there’s all the added security and anonymity the cryptocurrency brings with it.
Get Started In Less Than a Minute
BitCasino promises new players that registration takes less than 15 seconds, so we put that to the test when we did our BitCasino review. It took a little under 20 seconds, which is enough to leave us impressed. We really do like the fact that Bitcoin casinos are completely anonymous, too, allowing you to pay and play discreetly with your cryptocurrency. It also means that you don’t have to provide any financial or personal information, just a valid email address and you’ll also need to choose a username and password.
Verdict
BitCasino is one of the top cryptocurrency casinos on the market. It was the very first licensed Bitcoin Casino introduced to the world, and it continues to offer a solid 100% deposit bonuses and ample free spins on a regular basis. With more than 1,500 games to choose from courtesy of a heavy-weight list of software developers, you’re sure to have a grand time at BitCasino.
We also like that the welcome bonus carries a pretty low wagering requirement. The same goes for other bonuses the casino regularly offers. If you need help at any point, the customer support team is on hand 24.7 through live chat. This is a fast-working, immersive casino with a solid background, and it gets a solid vote of confidence from us!
New Legislation for GBP casinos in UK
A group of influential British politicians have proposed the most radical change of gambling laws at GBP Casinos in 15 years. One of their recommendations is that an all-party group study the harms of gambling and reduce the maximum slot stake to £2. They also focused on payment methods to fund accounts and withdraw winnings, and have proposed restricting the use of credit cards to fund casino accounts. No mention was made on other payment methods such as:
Published recently in a leading newspaper, the Guardian, the government announced that the all-party parliamentary group (APPG) suggested making core changes to the online gambling market. In an area that’s already shrouded with rules and regulation, the subject of problem gambling was put under the spotlight. A report that took six months to compile outlined the dangers of online gambling and gambling in general. The report was backed up with evidence gathered from online operators and personal interviews with problem gamblers.
The strongest protesters were Ian Duncan Smith, a popular legislator in the UK and Carolyn Harris, Home Office Minister at Labour’s Shadow. They reminded parliament that similar changes had been made last year with the lowering of the maximum stakes allowed at fixed-odds betting terminals from £100 to £2, despite warnings from the betting industry that many outlets would close and jobs would be lost.
Changes in Casino Payment Methods
The report in The Guardian went on to say that the parliamentarians also proposed putting an end to the use of credit cards to fund online gambling. The other area under the spotlight is VIP accounts at online casinos and the article confirmed that tighter restrictions would be imposed on casino VIP accounts. The report revealed that high roller players could potentially accumulate huge debt because of enticing offers like tickets for exclusive events and free bonuses. The Guardian suggested that before online gamblers would be allowed to play their favourite online casino games, they’d have to undergo obligatory checks for affordability. In a recent interview, Harris added that reducing prize limits and stakes is the first step forwards. She also expressed her confusion about the lack of interest from the Gambling Commission and condemned the regulatory body as being irresponsible.
The British online gambling market is massive and with these new reforms, there’s a lot at stake. It’s a fine balancing act finding the most effective ways to regulate the market, protect the more vulnerable while at the same time not scaring off investors, casino, and sportsbook operators. Online gambling remains one of the main areas not perfectly regulated, but as the eyes of the world turn back on this form of entertainment, things are soon bound to change.
Up until now, online casinos have 72 hours to carry out age verification checks before players can withdraw their winnings, but the new rules propose that before clients can fund their account and gamble online, either with real money games or free-play, their ages must be verified.
In a recent press release, Neil McArthur the Gambling Commission CEO confirmed that the drastic changes were being made to protect children and the vulnerable from gambling-related damage and reduce the risk of gambling related crimes.
Online Casino Payment Methods
Moving money securely and speedily is a key factor to the enjoyment of online casino gaming. You’ll want to fund your casino account easily and transfer your winnings quickly. The payment provider you choose depends on a variety of priorities, but with the recent suggestion by British Parliament to not allow credit cards to be used to fund accounts, players have to re-think which method to use. Popular providers such as PaySafeCard,Skrill, Paypal and Bitcoin used at GBP Casinos have many advantages associated to them. In our article we’ll look at what they are.
Skrill used to be known as Moneybookers and both back then and now is still one of the fastest, secure and most affordable way to fund your casino account. Available in over 200 countries and in over 40 currencies, Skrill is being used the world over to fund online shopping and online gambling. It falls under the group of electronic wallets or eWallets, as they are referred to. This is because Skrill can digitally house multiple payment methods including credit cards, debit cards and cash in multiple currencies. One of the greatest benefits is how easy it is to get started with Skrill! By completing an account registration process at the Skrill website is the first step to funding this popular eWallet system. You’ll be asked for your personal information to verify your identity and you’ll also be asked to choose a password and enter a few additional security questions. The final step is to link your Skrill account with your bank account, debit or credit cards for easy deposits free from costly fees.
Skrill offers complete protection as it’s said to be one of the most secure eWallet available today. When using Skrill to make your deposits at online casinos, there’s no need to expose any of your bank account or credit or debit card information. Transactions are anonymous.
Skrill is also associated with very low fees and in fact most online casinos now process Skrill deposits fee from any fees. Once your Skrill account is up and running your deposits will be instant.
PaySafeCard
PaySafeCard isn’t exactly a card in the way we’ve become accustomed to using payment cards, it’s more a convenient e-voucher system that can be topped up to fund your casino account. PaySafeCard is a prepaid system based on vouchers and loading the card doesn’t need bank account information nor any credit card information.
When you use PaySafeCard to fund your casino account, you can rest assured that the voucher company uses the highest SSL Socket security standards to protect your information. Many players enjoy minimum deposit casinos and Skrill is perfect to fund even the lowest deposits. Casinos use sophisticated 128-bit Secure Socket Layer connections to keep your money details secure but using PaySafeCard as your funding choice keeps things even more secure.
PaySafeCard makes use of a multi-layered security PIN codes. Every PIN-code is generated by the system and is completely unique meaning that you can only use the voucher once. This offers a perfect way to ensure that no one can steal your PaySafeCard information.
Another very useful benefit about using PaySafeCard is that the mobile application allows you to keep on eye on how much is left on your voucher, and you’ll never have to worry about going over budget or overspending.
Bitcoin
Bitcoin casinos are becoming the new preferred way of funding online casino accounts. The term Bitcoin casino refers to any online casino that accepts Bitcoin, a form of electronic cash or cryptocurrency. Bitcoin is digital currency that works from a central bank and can be sent from user to user on a peer-to-peer Bitcoin network. In recent years, several Bitcoin casinos have surfaced offering players tailor made casino games and other services like funding their account in Bitcoin as opposed to fiat currency such as the UK Pound.
The greatest advantage of using Bitcoin is that no third party is ever given access to your personal and financial information. Many countries are yet to fully regulate online gambling and as a result players need alternative payment methods free from complications. Bitcoin is by far the best option. Transactions are not processed via a bank and with Bitcoin, players don’t even need to link their debit and credit cards to fund their casino account.
Bitcoin deposits and withdrawals are instant and not subject to taxes and bank transaction fees. This makes it the number one choice for players that want to get funding their account over with quickly, and get down to the business of playing casino games.
Minimum Deposit Casinos
As online casino gaming has continued steadily growing, gaming operators have had to come up with new and exciting ways to attract players to make real money deposit at their casinos. Until recently the lowest minimum deposit of £20 and more but many low stake players didn’t want to participate as they felt the deposit was too high. At some online casinos today you can make the lowest deposit possible of £1 and still qualify for a Welcome Bonus!
If you enjoy playing casino games on the go from your iPhone, Android or tablet or from your desktop but don’t want to invest too much of your money, then we have good news for you! We list a large selection of minimum deposit casinos! Follow our links for the best £1 deposit amounts, £5 deposit amounts, £10 deposit amounts and £20 deposit amounts. Head off to our UK home page and you’ll find some other great articles and reviews, have a read and get caught up with news, reviews and the best online gaming on the internet.
Betting Shares Fall After MP’s Call For Online Gambling Limits
A group of influential Ministers of Parliament recently proposed radical changes that could affect gambling as we know it. To combat what they called “a public health crisis” of gambling addiction, they called for a reduction of the maximum slot stake to $/€2. This has not been taken well by the industry. Following their decision to re-structure online gambling, shares in Britain’s biggest betting companies such as:
- Ladbrokes
- Paddy Power
- William Hill
- 888 Casinos
Their most urgent recommendation was to bring the maximum slot machine stakes down to the same level of fixed odds betting terminals. According to the Gambling Related Harm All Party Parliamentary group, slot machines are the crack cocaine of gambling and making them less lucrative could help players curb their addiction. In a recent press release they stated that there is no justification for players to stake anything over $/€2 for slots. They further advised that the way slots are right now, players can easily stake thousands of Pounds in a matter of minutes and not even realise it’s happening.
Labour MP for Swansea East and APPG chair, Carolyn Harris, called the gambling industry an unregulated wild west. She stated their intention to target slots and make radical changes as they did earlier this year. In April 2019, the maximum stake for fixed odds betting terminals were slashed from a maximum stake size of 100 to just $/€2. Since then, betting companies have sought growth in online revenues and in the three months following their drastic stake cuts on FOBTs, same-store revenues for UK retail business betting group GVC fell. GVC owns prominent sportsbook and casinos such as Ladbrokes, whose shares fell 18%. William Hill and Paddy Power shares fell 12.5% and 888 Casino Holdings saw a drop of 13.9%.
Members of Parliament re-iterated that reducing the maximum online gambling stakes to $/€2 would force gaming enthusiasts to spend less and stop them chasing their losses by doubling up significant sums with each successive bet.
With smartphones these days being the most popular way to play online casino games, the amount of money earned from online gaming increased from $/€1.2bn in 2007 to $/€5.6bn in 2018. This is unacceptable for MP’s who also criticized the Gambling Commission for not having looked into maximum betting stakes online. The Gambling Commission answered back by expressing their dissatisfaction at not having had the opportunity to give evidence to the APPG before the report was published.
Kenny Alexander, chief executive of GVC, said in a statement that over regulation does more harm than good. She further explained that these measures could lead to an increase in problem gambling as clients will be forced to move away from responsible, regulated casinos and play their favourite casino games through the black market. William Hill confirmed that a flat $/€2 stake is more likely to push players into unregulated sites.
Changes in Casino Payment Methods
A recent report in The Guardian informed that parliamentarians also proposed putting an end to the use of credit cards to fund online gambling. Moving money securely and speedily to play online casino games is one of the key factors to enjoyable online casino gaming. Players like to know they can fund their casino accounts easily with a variety of casino payment methods and transfer their winnings quickly back to their accounts. With recent suggestions made by British Parliament to not allow credit cards to be used to fund accounts, players will have to re-think which banking methods to use. Popular providers such as:
have many advantages associated to them and although credit cards might soon be removed from the available payment methods list, there are plenty more on offer!
Changes to VIP Perks
The other area under the spotlight is VIP accounts at online casinos. The article went on to say that MP’s will be targeting tighter restrictions for VIP accounts. Their attempts at reducing gambling addiction focused on the fact that high rollers can potentially accumulate huge debt because of the enticing offers casinos make to their VIP players. Exclusive tickets to concerts and sports events, free bonuses, regular offers for Free Spins and other cash bonuses are seen as ways to pull the gambler in and make them an offer they can’t refuse. According to the Guardian, suggestions have been made for VIP gamblers to have regular checks made on them such as obligatory checks for affordability, but it remains to be seen whether this will be instituted or not.
Ethereum on Playamo: What You Need to Know
Though it is becoming increasingly common and more widely accepted, there is no denying that cryptocurrency is still a fairly foreign concept to many traders, gamblers and financial fans. This is a trend that has hit every area of commerce in recent years, including online shopping, financial trading, and, of course, the world of online casinos and gambling. While BitCoin is the brand that most often hits the headlines, there is also a great deal to be said for its less popular and well-known relative: Ethereum. This is a fantastic alternative to the traditional casino payment options and can be used in everything from free spins to cashing in on bonuses.
What Is Ethereum?
In the simplest terms, Ethereum is a global and decentralized platform for applications and, most commonly, money. It allows you to write and produce codes to control money and build applications that can be accessible to anywhere in the world.
This is a model which works in a similar way to Bitcoin, Ethereum is a distributed public blockchain network. As any cryptocurrency geek will be aware, a blockchain is a sequence of interconnected devices or ‘nodes.’ Nodes are electronic devices, which could include a printer, a smartphone, a computer or a tablet – anything which can connect to the internet. A node could store a copy of al or some of the information recorded on a blockchain, process transactions, add transactions to a blockchain, approve and broadcast transactions, or put them into blocks. Ethereum is public, meaning that it can be easily viewed by anyone with the necessary information.
Is Ethereum Different to BitCoin?
Though BitCoin and Ethereum are similar in many ways, there are key differences. The main distinction is that the two brands are very different in terms of their capability, and their intended purpose. BitCoin can offer a very certain type of blockchain technology – a peer to peer cashless system, which allows BitCoin payments to be made and transferred between participants. The BitCoin blockchain can be used to track ownership of the digital currency, while the Ethereum blockchain focuses more closely on the actual running of the programming code of any decentralized application.
As opposed to mining for BitCoin, the participants work to earn a different type of crypto – Ether. This currency is used by the application developers to pay service and transaction fees on the Ethereum network. As you can see, despite apparent surface similarities, there are actually a number of differences between these two options. This allows them to be used and made the most of in a number of different ways, by different miners, customers, and third parties.
What Are the Benefits of Ethereum?
When it comes to the battle of Bitcoin over Ethereum, the latter is still often considered the underdog. In actual fact, however, Ethereum can have a number of benefits which help it to sit head and shoulders above its biggest rival, and these include:
Revolutionary Technology
As one of the first cryptocurrencies, BitCoin undoubtedly revolutionized the technology of the time, In the 9 years since its inception however, things have moved on. Ethereum is able to run on smart contracts, making the most of the very latest in technology, and this is a trend that only looks set to continue.
Number of coins
The relative youth of Ethereum also means that there are a far greater number of coins up for grabs, and this is sure to be music to the ears of newcomers to cryptocurrency! Bitcoin has a known coin supply of 21 million BTC, while Ethereum has around 92 million coins currently in circulation. It also has the added bonus of being an inflationary currency – there is no fixed minimum supply cap. This makes it super exciting, and subject to even further change and evolution.
It is charitable
One of the unexpected by pleasant bonuses of Ethereum is its value in fundraising. The donation site Platform is entirely Ethereum based and is hugely increasing in exposure and popularity. The self-interest of users is mixed with that of social communities, and these come together to make real change. The Ethereum platform is set up to help those who need to access this, while BitCoin is run in a way that far more closely resembles a traditional bank.
Cryptocurrency in Casinos
The addition of cryptocurrency as a legitimate payment method is still fairly, new, and this is especially true in the world of online casinos and gambling. Despite the inexperience, this is fast emerging as one of the most popular ways for players to make deposits and withdraw winnings, and it is easy to see why. Using cryptocurrency helps users to enjoy a safer, more secure casino experience, and can be a great way to make the most of each and every penny of a deposit. The number of casinos that accepts cryptocurrency is growing every day, and this is becoming a super popular way to enjoy the best games, deals, and offers. Bitcoin is the most popular method for many sites, but Ethereum is fast playing catch up and has its own rewards and benefits.
How Do Ethereum Casinos Work?
In many ways, Ethereum casinos work in a way that is similar to BitCoin sites. The difference is primarily in the sophistication of the system, and the ‘smart contracts’ feature which is a key selling point of this currency. This allows two parties to sign a digital contract, which is linked to a particular circumstance, for example, that 10 ETH will be paid out, should the roulette fall on the black. In a way, this is similar to an Escrow service – if the player wins, the payment is automatically released. This is a major advantage of the system, as it allows any winnings top to be released instantly, with no longer processing times or waiting periods.
The blockchain is the primary factor here; all infrastructure is kept on the blockchain, and this established a transparent, easily accessible and super reliable system that allows any participant to take control whenever they wish. Privacy and anonymity are major factors here; customers are able to sign up anonymously, check out the fairness of all games on offer, and play from anywhere around the world. Using Ethereum allows control of the game to be taken from the casino – in this case Playamo – and placed back directly into the hands of the players.
Ethereum and Playamo
In addition to changing social assistance, offering a chance to rewrite code and maximize profit, there is another area in which Ethereum is gaining momentum: online casinos. One of the biggest players here is Playamo, which is one of the few sites currently accepting Ethereum as a deposit and withdrawal method. In achieving this, they are leading the way in the market, and it seems that it is only a matter of time before Ethereum is an accepted currency across the industry, offering total transparency and control to the players.
Volatility of Bitcoin: How your Winnings could double in value in a short space of time
When it comes to finding the best payment methods to use on online casinos and other betting sites, there is a huge array of choices. From credit and debit cards to e-wallets, there are plenty of options, and you can choose the best fit for your needs and lifestyle. There is one method in particular, however, which has been growing in popularity recently: cryptocurrency, and especially Bitcoin.
Bitcoin is a type of currency which is digital and totally virtual. Itis essentially a version of cash which is entirely online, and can be used to purchase products or sign up to services – including online casinos.
Bitcoin may seem complicated, but it is actually a pretty straightforward concept, and you will find plenty of guidance on any Bitcoin payment method page. Every Bitcoin works in a similar way to a computer file, and are all stored in a digital wallet, which may live on your computer or smartphone. Consumers are able to send Bitcoin, or parts, to the wallet, and they can be traded between users. Each transaction is recorded on the ‘blockchain’ – a public list that allows you to trace the entire history of Bitcoins. This prevents people from making illegal copies, undoing transactions or spending coins they do not have.
There are three main methods for getting your hands on Bitcoins; they can be purchased using real money, accepted as payment for goods or services, or created using a computer.
There is a huge range of benefits to choosing Bitcoin, and the primary one is security. The blockchain means that every single Bitcoin is a public record; there is no way you can be a victim of fraud, or spend any currency you do not possess. Making transactions via Bitcoin is also anonymous, and a perfect solution for anyone looking for a more discrete method of making transactions.
While every Bitcoin interaction is a matter of public record, this list does not include any identities, such as names, addresses or other financial records.
Bitcoin-friendly Casinos with amazing bonuses
It can still be difficult to find a casino that will accept transactions via Bitcoin; it is still fairly niche, though the popularity is increasing every day. There are two main casinos that are often name-dropped with regards to cryptocurrency; Playamo and Bitstarz; both popular sites with plenty of the top games and titles to choose from.
- Bitstarz Casino
Bitstarz is a site which really embraces Bitcoin, and includes this in their welcome offer; any Bitstarz Review will include it! The first deposit you make will see you grab a 100% match bonus up to 5BTC, as well as a whopping 180 free spins to spend on Wolf Gold, Boomanji or Fruit Zen. The first 20 spins will be added to your account 23 hours after you make your initial deposit and another 20-24 hours later. This continues for 9 days until you reach the grand total of 180.
The second deposit you make sees you grab a 50% bonus up to 5BTC and this is instantly credited to your account. This is a great way to really boost your initial deposit, helping it to go as far as possible and giving you the chance to totally explore the casino in all its glory before you decide whether to commit.
- Playamo Casino
Playamo is another big name in the world of the Bitcoin Casino, and any Playamo Casino Reviews will be sure to hype up this important aspect of the site. New players can enjoy a $/€100 welcome bonus, with a 100% match bonus up to $/€100, plus 100 free spins. While this deal may not be as Bitcoin focuses as Bitstarz, but they nonetheless accept this cryptocurrency as payment and remain one of the few sites to do so.
Verdict
Bitcoin may not be the most popular payment method, but it is certainly something that is worth examining and exploring if you are looking for an alternative to typical credit and debit cards or eWallets. This is a way to enjoy a secure and anonymous payment system that takes care of transactions without requiring extensive financial information and details.
The number of casinos that are starting to accept and embrace Bitcoin is on the rise, and you only have to Google the term to embrace a ‘how to deposit $1 in Bitcoin article.’ They are super popular for low deposit casinos and can be a great way to add a little spice to your casino experience, offering all the perks that cryptocurrency can bring.
FortuneJack – 110% up to 1.5 BTC + 250 Free Spins
FortuneJack Casino is a reputable Bitcoin Casino that hit our screens in 2014 and is brought to us by casino experts who have more than 20 years of experience in the industry. In 2018, the casino launched an all-new website that’s stylish, informative and faster than ever. Fast forward to 2019 and FortuneJack now offers more in-house made games, including Plinko, Dive, Mines and Adrenaline. They also opened a sportsbook this year, which means you can use your Bitcoin to bet on popular markets like football, boxing and baseball.
The reason for our FortuneJack Casino review, though, is to take a look at the cryptocurrency casino side of things. The casino supports 8 cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Zcash, Dogecoin, Monero and Dash. The first deposit bonus and free spins are available to all cryptocurrencies.
FortuneJack First Deposit Bonus
New players who register a real money account at FortuneJack can help themselves to a 110% match deposit bonus up to 1.5 BTC and 250 free spins.
The FortuneJack 1 deposit casino bonus is one of the strongest we’ve come across, and especially enticing if you’re a fan of spinning the slot reels.
While you’ll get 110% match deposit bonus up to 1.5 BTC for your first deposit, along with 250 free spins, the rewards don’t stop there. FortuneJack also offers three more deposit bonuses, split up like this:
- 50% match deposit bonus on the second and third deposits up to 1 BTC
- 100% match deposit bonus on your fourth deposit up to 1.5 BTC
Getting your hands on this handsome bonus is really easy. Deposit 0.01 BTC or more to trigger the first deposit bonus. It’s important to note that you must make your first deposit within 7 days of registering a real money account. You also have 14 days to meet the wagering requirements, which are 40x your bonus.
We should also note that there’s a 0.025 BTC maximum bet limit when you’re playing with the bonus. While this isn’t automatically enforced, it’s up to you to keep track of things.
Besides making a minimum deposit to claim the bonus, you also need to verify your new account. FortuneJack online casino asks for verification to avoid fraud. After all, this is a high quality welcome bonus, and they need to ensure it’s only claimable once per every player’s IP address. You can verify your account via your mobile phone number. Or, you can simply skip the bonus, but it’s such an excellent way to check out the casino, boost your bankroll, and play a ton of incredible games.
You can meet the wagering requirements by playing the casino’s many slots. Most of them contribute 100% towards this. There are a few games not included in the bonus, so be sure to read the terms and conditions first.
Easy Deposit and Withdrawals at FortuneJack Casino
While FortuneJack offers free play, where you can try out games before wagering, when you’re ready to start playing for real money, deposits and withdrawals couldn’t be easier. Since this is a cryptocurrency only site, you can only use your crypto to play. Where FortuneJack differs from many other crypto casinos is that it accepts a variety of cryptocurrencies and not only Bitcoin. So, if you’d prefer a Dash or Litecoin casino, you’re going to like FortuneJack.
Deposits are immediate at this online casino. Thanks to FortuneJack teaming up with a payment processor called BitGo, you don’t have to wait for a blockchain confirmation before you start playing. Just deposit and you’re set.
Cashing out at this casino all depends on how much you are wagering. Small amounts will be sent to your wallet in an instant, but anything over 10 BTC can take a couple of days to process. FortuneJack Casino also states that it reserves the right to divide wins of more than 100 BTC into ten monthly installments. This is pretty standard practice in the online casino world, and it also means a big winner won’t bankrupt the casino.
Both deposits and withdrawals at FortuneJack online casino are free. There is one exception, though, and that is deposits over 1 BTC incur a 0.1% transfer fee.
A Fun, Immersive Online Casino for Everyone
If you’re keen to wager your cryptocurrency, and you like the sound of FortuneJack’s first deposit bonus, you’re going to have a lot of fun here. This online casino offers an immense variety of games to cater to every skill level, budget and taste. You can play everything from bingo and keno to blackjack, slots, dice and more, all supported by popular developers like Betsoft, Endorphiona, GameArt and SoftSwiss.
If you’re a big fan of slots, you’ll enjoy the ample amount of titles from Betsoft, including Rook’s Revenge, Frankenslot’s Monster, Greedy Goblins, Boomanji and Fruit Zen. There is also a selection of vibrant games from GameArt, including Wild Dolphin, Money Farm, Gold of Ra and African Sunset. FortuneJack’s library is overflowing with hundreds of slot titles, so if that’s your thing, you’re going to be thrilled with the welcome bonus free spins!
For fans of live dealer games, you can immerse yourself in a real-world casino experience and spend your cryptocurrency on games like Caribbean Poker, Texas Hold’em Poker, Dragon Tiger, Blackjack, SicBo, Baccarat, Lucky 7 and Bet on Poker.
Safe, Secure Cryptocurrency Gaming
FortuneJack Casino is owned and operated by Nexus Group Enterprises, a business that’s registered and licensed by the Curacao authorities. The site offers provably fair games that you can even verify for yourself with their Provable Fair gaming technology.
All the casino games and slots at this casino have been provided by well-known and trusty software developers, all of whose games are regularly audited to ensure random and fair outcomes every time.
A Top-Notch Loyalty Programme
Besides being one of the most noteworthy online casinos for cryptocurrency players, FortuneJack Casino offers all their players the chance to earn rewards for promoting the brand, and it can fair rather profitable. The FortuneJack affiliate programme is one of the highest paying programmes around, with some players earning as much as 40% profits just for referring new players to the site.
If you need help with the loyalty scheme or anything else at the casino for that matter, customer support is available around the clock. Besides live support, you can get in touch by filling out the contact form or popping over an email.
Get Your First Deposit Bonus and Free Spins Today
While free play is great a 1 deposit casino, nothing quite beats FortuneJack’s 250 free spins and 110% first deposit bonus. Since this is a crypto casino, you don’t need to fill in any lengthy sign-up form or hand over tons of information to get started. You don’t even have to hand over an email address, but it is a good idea in terms of password recovery.
Pretty much all you have to do is choose a username and password, make your first cryptocurrency deposit and you’re ready to start playing at FortuneJack Casino!
Bitcoin Casinos – How Safe Are They?
Some industry watchers believed Bitcoin and online casinos are a match made in heaven; the reason at a closer look is not far-fetched.
You see, the gambling industry has struggled for a long time to get rid of a long history smeared in bad rep and publicity. And players over time have learned to seek out discreet, secure and safe gaming houses to satisfy their itch.
So, it is not surprising that the gaming industry was the first couple of businesses to adopt Bitcoin and its underlying Blockchain technology in their operation.
Now with several casinos running on Blockchain technology players can be safe in the knowledge that their personal information, transaction histories, and banking details are secure, encrypted, and anonymous.
What is a bitcoin casino?
These are new generation online casinos that rely on Blockchain technology and cryptocurrency such as Bitcoin to handle deposits and withdrawal on their platform.
In other words, the player has to fund their account using digital currency and also withdraw their winnings as a cryptocurrency. No need for fiat currencies, no need for financial houses.
This obviously benefits both the operator and gamer. One of such benefits is the elimination of transaction fees.
Now, for online casino operators using traditional payment platforms, they often pay a transaction fee for each transaction conducted on their system; these extra charges are often shifted to the final gamers.
Compare that to the Bitcoin casinos with little to no transaction fees. The operator can offer more enticing mouthwatering perks like improved welcome bonuses, side freebies, and the player doesn’t have to pay any transaction fees too.
Another attractive feature of a bitcoin casino is the opportunity for anonymity. You see, when a player decides to enjoy a game on conventional online casinos, they are often required to fill in personal details like banking information, names, contact addresses, and perhaps other personal identification information.
That’s not the case playing a bitcoin casino; you are only required to provide an email address that way your privacy is protected.
That said it is essential to note that you’re likely to encounter any of these three types of bitcoin casinos online.
One, there’s the full bitcoin casinos – these allow you to play anonymously with Bitcoin as currency only. They don’t have options for other payment methods.
Then, there are the hybrid online casinos – these lists bitcoin as one of the payment options available. You can deposit, play, and withdraw using the digital currency.
Finally, there are the online casinos that accept bitcoin deposits then convert it to fiat currencies to play with. They don’t support Bitcoin withdrawal.
But, how does bitcoin casinos work?
Just like traditional casinos, a bitcoin(BTC) powered casino needs a system to handle and process its transaction; and a medium to accept deposits.
However, instead of the regular fiat currencies – think: dollar, Euro, Yen, pounds, get the idea? The platform uses digital money but in this case, Bitcoin.
Also, most bitcoin casinos, especially for those with a large user base, operate the self-developed software. These programs manage and run the game, even taking on the role of dealers for all-human games.
Are they safe?
Be rest assured, your private information is safe and also your activities are anonymous. However, concerns exist about whether bitcoin casinos are fair or not; this arises from the fact that both the operators and users are anonymous and can hardly be tracked.
To address the challenge of fairness, build trust and show transparency, most of these operators publish how their algorithm works and how the random number generator operates – this way anyone that cares can run a check on the website.
In conclusion
Digital currencies have come to stay, and with the rave for foolproof security measures online, businesses including online casinos will have no choice but to adopt or integrate the technology with their platform.
For players searching for a bit more discretion, Bitcoin casinos offer the best option
If you aren’t fully convinced with Bitcoin as a method you want to use take a look at our other payment options here.