Tag: Cryptocurrency
A Deeper Insight on Cryptocurrency
Consider cryptocurrency as a digital or virtual currency. This form of currency has been making headlines for some time now, and a lot many online casinos and gambling portals have started accepting cryptocurrencies, especially Bitcoin.
Cryptocurrency is highly secure and uses cryptography to rule out any odd chances of getting counterfeit. Essentially, most of the cryptocurrencies available today are based on a decentralized system powered by blockchain technology.
The first ever cryptocurrency known to use is called Bitcoin which is also the most valuable and popular cryptocurrencies. Bitcoin was launched in 2009 by an individual under the pseudonym, Satoshi Nakamoto.
Today there are more than 17.53 million Bitcoins are in circulation in the market with an estimated value of $63 billion. Bitcoin’s success has definitely set the platform for various other cryptocurrencies which have spawned up in the time being. Some of the names which have caught the attention include Namecoin, Litecoin, Ethereum, and others.
There are thousands of cryptocurrencies in existence today which enjoy a cumulative market value of $120 billion wherein Bitcoin currently reflects more than half of the market share.
What Can You Do With Cryptocurrency?
From buying goods to investing, mining, gambling, and accepting them as payment, cryptocurrencies fulfil almost all your requirements.
Legal Status of Cryptocurrencies
As cryptocurrencies are getting adopted by more and more people, related authorities and regulators are trying their best to regulate them and understand how cryptocurrencies can fit in the existing regulations and legal frameworks.
Although cryptocurrencies are secure and induce transparency, there also are a range of concerns associated with them. A lot of experts have raised their concerns related to their decentralized nature and the ability to be used anonymously. Authorities around the world fear that cryptocurrencies can be used to purchase goods and services illegally. Add to that, a lot many governments believe that the widespread use of cryptocurrencies could promote money laundering and tax evasion schemes.
All that said, cryptocurrencies have definitely emerged to be one of the easiest methods to play with on online casinos. As more and more casinos have started accepting cryptos, it will be interesting to see how the industry evolves itself in the near future.
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.
Casinos Accepting Bitcoin
When Bitcoin was first introduced in 2008, not many people paid attention. But within a few short years, the cryptocurrency has become an important way for us to exchange funds and make purchases online.
One of the main areas in which the cryptocurrency has made a big impact is in the online casino industry. This is especially the case for players who don’t want to open new player accounts at online casinos and hand over their personal or banking details.
More and more, we’re noticing online casinos accepting this payment method, and it makes an exceptional alternative to some of the more traditional deposit options.
Let’s take a closer look at casinos that accept Bitcoin and how you can enhance your online gambling experience using cryptocurrency.
Bitcoin – An Overview
Firstly, Bitcoin is a cryptocurrency that’s pretty much all the rage. The virtual currency can be used to both send and receive payments completely anonymously. That means there’s no central bank producing a physical currency and it’s not a currency tied to a particular nation. In fact, Bitcoin is mined into existence by computers running impressive equations.
Mining the currency requires extremely powerful computers. That’s why only a small number of highly specialised miners produce the cryptocurrency.
Once Bitcoin is mined, it’s similar to PayPal in that it passes from one virtual wallet to another. The difference, though, is that the wallets are completely virtual. They exist, rather, on your hard drive. Lose the hard drive, and you lose your wallet. It’s arguably Bitcoin’s biggest downfall.
Each wallet has a unique code that you can use to send money. The code is similar to a bank account, but you can only use it to add money to your wallet and not withdraw from your Bitcoin account. Also, the code doesn’t display any information about the contents of your wallet or who you are. You won’t be able to see anyone else’s details, either, if they send you money.
Bitcoin is completely anonymous, and it’s one of the man reasons that casinos accepting Bitcoin are doing so well.
Playing at Bitcoin Casinos
Most of the big brands within the online casino arena now accept Bitcoin payment method. Often, you’ll find casinos accepting Bitcoin only and no other form of payment.
Finding the perfect casino that accepts Bitcoin is daunting. But that’s where Minimum Deposit Casinos can help. We rate and review all the best casinos that accept Bitcoin to help you make an informed decision.
Don’t Forget About Bitcoin Casino Bonuses
Once you’ve decided on a Bitcoin casino to try, there are plenty of bonuses and promotions to choose from. Just because you want to play with the cryptocurrency doesn’t mean you can’t claim some incredible bonuses. Bitcoin casinos are still somewhat niche, which means they’re pulling out all the stops to attract new players, and for you, that means big bonuses.
Bitcoin casinos offer everything from loyalty schemed and free spins to match deposits to help your cryptocurrency stretch even further and enhance your gameplay.
Why You Should Play at Bitcoin Casinos
There are plenty of reasons to play at casinos accepting Bitcoin. For starters, it’s quickly becoming the currency of the future, which means now is the perfect time to start investing in the cryptocurrency. Using your Bitcoin to play your favourite online casino games is a great way to a whole lot out of your investments, provided you win!
One of the main reasons players love using Bitcoin is the security along with anonymity. You don’t need to connect your cryptocurrency wallet to your debit or credit card, or even to your online casino account. You just need your Bitcoin wallet and that’s it!
Once your Bitcoin wallet is set up and you’ve got the hang of using it, it can be one of the fastest payment methods around. It’s incredibly easy to send money to casinos and receive your winnings, with most transactions being instant.
Top Tips for Using Your Bitcoin
Bitcoin may be a virtual currency, but it’s still a currency. Here are some of the best tips we can give you to make sure you make the most of it.
1. Keep your wallet safe
There’s probably going to be a fair bit of money going into and out of your virtual wallet, so make sure you keep it safe. In the case of a corrupt device, theft or being hacked, you want to make sure your money is completely secure.
2. Watch the value
Bitcoin, like any other sort of investment or currency, goes up and down – maybe even more often than tangible currencies. When you play at online casinos with Bitcoin, you’re basically exchanging your cryptocurrency for casino credits, which can then be swapped for cash. Just like you would do when exchanging currencies, wait for when Bitcoin is high to sell!
3. Don’t be afraid to use other methods
If Bitcoin is especially low at the time you’re playing with it and you want to withdraw your winnings, you can keep your money in your casino account or go ahead and withdraw it using another accepted banking method. Take note, though, that many casinos accepting Bitcoin don’t always accept other payment methods, so make sure you familiarise yourself with the ins and outs before signing up with a particular casino.
4. Don’t forget the casino bonuses
Bitcoin casinos often offer big bonuses, as we’ve mentioned. Don’t forget to grab yours! You can go through our reviews of the latest Bitcoin casinos to find the best bonuses for your gaming needs.
5. Know what it’s worth
One of the downsides of this cryptocurrency is that it’s difficult to connect to real money. So, when you use a debit card, for example, you know just how much you lose because you can keep an eye on your bank account. With Bitcoin, though, once you convert it to casino credits and play with them, you lose that connection.
That means it’s a little too easy to get carried away and gamble more than you normally would. So, do keep an eye on those credits and how much they’re worth and then connect them to a currency value.
The Best Casino Games to Play with Bitcoin
Big bonuses are great for games of chance like slots and roulette. That’s because you can get your hands on plenty of bonus cash and instead of blowing it bit by bit, you can wager it all on one single bet. With Bitcoin casinos, the bonuses tend to be sizeable, which means that if you want to play games of change with bitcoin and put down a solitary big bet, you can go for it! It also means you’re in a chance for a rather big payday.
As for games of skill like blackjack and poker, if you know your stuff and you’re willing to go big, you could make a lot of cash. With Bitcoin, these games can be played uninterrupted and with no need for ID checks or other issues that often come up with online casinos.
In other words, any game you play with your Bitcoin just seems quicker and easier!
Depositing and Withdrawing with Bitcoin at Online Casinos
If you’ve not used Bitcoin yet, it can be a little tricky to get the hang of. You need to sign up and download a wallet and then get your unique wallet ID. You can then purchase Bitcoins from your preferred exchange and pay the going rate at that particular time.
The good news is that it does get easier, especially when you choose a Bitcoin online casino. All you have to do is choose the Bitcoin payment option and send money from your wallet ID. Once the connection’s made, and the casino acknowledges the funds, they’ll pop up in your account immediately.
You can’t use Bitcoins the same way you would your native currency. One Bitcoin, for example, is actually equivalent to thousands of dollars, and you’re probably not going to blow that sort of cash on a single spin of the reels. That’s why casinos convert your Bitcoin deposit into casino credits and then you can use your credits any way you like on your favourite casino games.
It’s also worth mentioning that Bitcoin doesn’t charge any additional fees to use it as your preferred payment method at an online casino. However, keep in mind that if you use an exchange to purchase your Bitcoins, you may be charged a minimal fee for the transactions. But fees don’t apply when you make Bitcoin deposits or withdrawals at online casinos.
Is Bitcoin the Way to Play?
It all comes down to what you prefer and whether or not you find Bitcoin to be a better option compared to other online casino payment methods. For many players, the security and anonymity along with the ease of use are ideal.
But in most cases, the people who prefer to play with Bitcoin are the ones who are already familiar with the currency and have a small stockpile to play around with.
Bitcoin Casinos Are Safe and Reliable
Finally, if you’re wondering whether or not Bitcoin casinos are safe, the answer is yes. All online casinos, no matter what payment methods they accept, should be safe. That’s because they must adhere to strict rules and regulations and they should always carry security certificates and information on regulators and auditors.
All the casinos that make our list have been thoroughly reviewed for safety, licensing and fairness, so there’s nothing to worry about if you want to use Bitcoin at one of our recommended online casinos.
Conclusion
While it’s not easy to predict Bitcoin’s future since its value tends to be unsteady and often fluctuates, there is no denying that this is the currency of the future. For now, Bitcoin casinos remain an excellent way to enjoy an exceptional online gambling experience with plenty of ways to play and win.
Bitstarz Casino – how to deposit $1 into Bitstarz using crypto
BitStarz is a unique online gambling concept that not only supports normal currencies like Dollars and Euros for depositing and wagering but also cryptocurrencies like Bitcoin, Litecoin, Ethereum and DogeCoin.
At BitStarz there are plenty of bonuses for players to keep coming back for more. When you make your first deposit, BitStarz will match it with a 100% bonus up to $£€ 100 or 1 Bitcoin and 180 free spins. But that’s not all! Make a second deposit and BitStarz will give you a 50% match bonus up to $£€ 100 or 1 Bitcoin and for your 3rd deposit, you’ll receive 50% match bonus up to $£€ 200 or 2 Bitcoins. Your fourth and final deposit will earn you a 100% match bonus up to $£€ 100 or 1 Bitcoin.
There are also 30 no deposit free spins available at registration for players, and these free spins can be used on the slot game Starburst. Both the bonus and free spins are subject to a 40x wagering requirement. For example, if you win a total of $£€ 7.50 after using the free spins, you’ll have to further wager a total of 40 x $£€ 7.50 = $£€ 300 on various casino games. Once the wagering requirements are fulfilled, all the winnings made from the bonus funds will be converted into real money and become available for withdrawal.
BitStarz Casino offers players the chance to deposit and withdraw money in a variety of ways, including Bitcoins. For those who aren’t sure how this digital currency works, it’s essentially just like any other currency, except that it doesn’t have a physical form and instead of coins and notes, Bitcoins exists digitally in online or offline storage spaces. For you to get your hands on Bitcoins, you’ll need to buy them either from an online Bitcoin marketplace or by finding someone in your local area who is willing to sell the Bitcoins for cash. In the BitStarz Casino help pages, you’ll find comprehensive information and it’s well worth reading.
Register as a player at BitStarz and open your account with just your email address. The next step is to deposit money into your account and soon after you’re free to play slot games, table and card games, live casino games and Bitcoin games.
Games
Bitcoin casinos are making waves in the world today and Bitstarz is no exception, the casino accepts crypto and real money deposits and it provides an excellent way to gamble online, bypass banking transactions while remaining anonymous and staying away from prying eyes online.
With over 1000 high-quality games powered by multiple software providers including SoftSwiss, Amatic Industries, Betsoft, Ezugi, NetEnt, Microgaming and Leander Games, Bitstarz is undoubtedly a pioneer in its field. Players have at their disposal a great selection of slots, casino games, live dealer games and mobile gaming.
Everything on the BitStarz platform is well laid out and easy to find and the games are sorted in multiple ways, if you’re struggling to find your favourite game, the search bar works wonders! The graphics and layout are very professional, and the user experience is impressive. The quality and feel of the site are immediately noticeable and make for an, altogether great user experience from the first moment you enter into this digital platform.
Payment Methods
BitStarz Casino accepts and pays with a wide variety of standard and digital cryptocurrency including Bitcoin, Ethereum, Lotecoin and Dogecoin. You can also use normal currencies Euro, US Dollar, Canadian Dollar, Norwegian krone, Swedish Krona, Australian Dollar, Chinese Yuan and the Russian Ruble.
There is a minimum deposit of $£€ 30 or 1 Bitcoin, to qualify for the match bonus, there are no transaction fees for both crypto deposits and withdrawals. It’s worth noting that deposits and withdrawals are only available using the same method in the same currency, so if you’ve made your deposit with Bitcoin, you’ll get Bitcoin back in the payout.
When you register at BitStarz, you’ll be allowed to maintain two separate account balances, one for Bitcoin and one for your preferred local currency. One of the main reasons is because some of the software companies like NetEnt don’t facilitate Bitcoin payments and there are no ways of interchanging Bitcoin and Euros, for example, within the site itself.
How to deposit $/€1 at bitstarz Using Bitcoin
Necessary Items:
Steps to follow
Open A Bitcoin Wallet
Buy Bitcoin
Register an Account With Bitstarz
Deposit Your Bitcoin
To Deposit in Bitcoin or Not to Deposit in Bitcoin
When it comes to online casino gaming, Bitcoin casinos have become all the rage as they offer fully anonymous transactions that are not beholden to central banks or any other third parties. Bitstarz is one of the leading Bitcoin casinos and players can fund their casino account with both cryptocurrency and real money. Register at Bitstarz casino and you will be rewarded with 20 No Deposit free spins that you can use on Wolf Gold to start the ball rolling. When you have used up your No Deposit free spins, you will need to deposit to collect the new player Welcome Bonus and continue playing. At Bitstarz players can choose to fund their account with both Bitcoin and real money, but which is the better option of the two?
Bitcoin Welcome Bonus | Standard Welcome Bonus | |
Minimum Deposit amount | 0.006 BTC | $/€ 20 |
Welcome Bonus | 1st Deposit: 100% up to 1 BTC and 180 free spins on Boomanji, Fruit Zen or Wolf Gold 2nd Deposit: 50% up to 1 BTC 3rd Deposit: 50% up to 2 BTC 4th Deposit: 100% up to 1 BTC | 1st Deposit: 100% up to $/€100 and 180 free spins on Boomanji, Fruit Zen or Wolf Gold 2nd Deposit: 50% up to $/€100 3rd Deposit: 50% up to $/€200 4th Deposit: 100% up to $/€100 |
Maximum Bonus Value | 1 BTC | $/€400 |
Free Spins | 180 | 180 |
Deposit Method Accepted | BitStarz Casino accepts and pays with a wide variety of standard and digital cryptocurrency including Bitcoin, Ethereum, Lotecoin and Dogecoin. You can also use normal currencies such as EUR, USD and CAD. | |
Wagering Requirements | All BitStarz bonuses come with the same terms and conditions. Most importantly, all the bonuses have a 40x Wagering Requirement. This means that you will need to wager the bonus sum 40 times before making a withdrawal. Your slot bets contribute 100% towards the wagering requirement, classic slots contribute 75%, table games and video poker 5%, and the rest don’t contribute at all. There is a $/€5 (0.025 BTC) maximum bet limitation in place while clearing your bonus and you have 30 days to meet the requirement. |
Games
BitStarz Casino has a completely web-based platform that has been developed by SoftSwiss, and with over 1800 casino games in its library, this casino offers a treat for gambling enthusiasts.
Their selection includes hundreds of slot games that can be sorted by provider or alphabetical order and with tons of firm favourites like Guns ’N Roses, Starburst, Gonzo’s Quest, The Invisible Man, Dead or Alive, Aztec Treasures or Mamma Mia, players are in for a treat! There are titles added regularly and some of the newest include games such as The Slotfather II, the Angler, and the popular fantasy slot Fire and Steel, inspired by the TV hit Game of Thrones.
Besides its huge collection of slot games, there are also many table and card games like Blackjack, Poker, Roulette and Video Poker. Among the most popular video poker games on the site are Joker Poker, Jacks or Better, Joker’s Wild, Multi-hand Joker Poker, and Double Joker Poker. Wild Texas by SoftSwiss is another interesting interpretation of the traditional Joker’s Wild game and with multi-hand gameplay, it’s well worth trying.
BitStarz has a fully optimised and fully responsive mobile casino that replaces the need for a native casino app and anytime you want to play your favourite games on the go, you can open the desktop website in your mobile browser. From the website, you can also register your account, claim the bonus, and make deposits.
Live Casino
These days most online casinos offer Live dealer casino games and BitStarz is no exception. With its high-quality Live Casino, the games are provided by several software developers, namely NetEnt, Evolution, Ezugi, and Asia Gaming. Enjoying casino games at the live casino brings the player a truly authentic experience and with the help of sophisticated technology like HD cameras and real-time video streams, you can interact with the dealer, see the Roulette wheel spinning and allow your senses to delight in the sights and sounds of a real casino experience. Real live games offered at BitStarz are various versions of Baccarat, Roulette, Blackjack, Keno and a few Asian-style games such as Sic Bo and Dragon and Tiger.
Security and Licensing
BitStarz is owned by a group dedicated to bringing digital gambling into the cryptocurrency industry. These professionals formed a company called Direx NV which is registered by the government of Curacao.
BitStarz online casino operates under the laws of Curacao, and for security and protection, cold encrypted wallets protect all deposits made in crypto. Industry-standard SSL encryption protects and secures information as it moves between a computer or mobile device and the casino’s servers.
BitStarz is a probably fair gaming website, you might have heard this term before but for the sake of those who haven’t, provably fair is a key feature that all gamblers must take note of before playing online casino games. It’s a system or a mechanism that disallows both the players and the casinos to cheat in any kind of game and as long as the Bitcoin gambling site uses this function, it takes away the need to wonder if the dealer had anything to do with your losses. Whether you’re betting on Bitcoin Blackjack or any other online game, you can be absolutely sure that the result is fair and accurate as its fairness is provable.
BitStarz includes a comprehensive set of responsible gambling controls found inside your account settings. From here you can limit activity at the casino based on time, wagering, or deposits, and even request a self-exclusion if you feel it’s necessary.
Powered by software providers such as Isoftbet, Booming Games, Pragmatic play, Endorphina, Amatic Industries, Softswiss, Microgaming and Ezugi and more, the casino also makes use of SHA256 and Fisher-Yates Shuffle which are cryptographic algorithms.
Customer Support
If you have any queries or wish to know more about how cryptocurrency works, you can contact customer support via their live chat. Alternatively, you can send an email to [email protected] and the team will answer you within 24 hours. Should you wish to leave your contact details, the casino will call you back.
BitStarz supports many countries around the world with the exception of France, Spain, United Kingdom, United States of America and Italy. The casino offers support in multiple languages English, Swedish and Russian.
A truly unique way of enjoying casino games online, BitStarz offers convenience, variety and everything needed to create a truly exceptional online gaming experience.
If you want to find out more about Bitstarz Casino check out our review here
Online Casinos in 2019, What Next?
There’s no denying that 2018 saw a big decline in land-based casinos and high street bookies. More of us are playing our favourite casino games on our computers and mobile devices, and if there’s one thing online casinos are big on, it’s constant improvements.
It’s pretty hard to find any other industry that’s managed to consistently stay ahead of technology trends better than the world of iGaming. The industry has moved seamlessly from adding flash games here and there for desktop PCs to mobile games for all kinds of tablets and smartphones. The industry continues to use all the latest trends, too, to improve delivery of games and the way we play them.
Now, it’s a new year and that means even bigger, better trends to look forward to.
Let’s delve into what 2019 promises in the world of online casinos.
Virtual Reality to Get Bigger
Online casinos are the ultimate convenience, aren’t they? But there’s still just one thing about them that some people miss – the thrills and sounds of land-based casinos. It’s only natural for us to want an authentic gambling experience. It’s a big part of the fun. And now online casinos have heard you.
Thanks to amazing advancements in virtual reality technology (VR), which has already been in the spotlight for the last few years, online casinos are able to bridge the gap between the online and offline world of gambling. We’d go so far as to say that VR technology is changing the way we gamble, making our online experiences more immersive than ever.
Of course, if you already own VR gear, you can jump right into the experience at any of the VR casinos already around.
Best of all, more and more online casino operators have set their sights on VR technology. Experts predict that the total VR gaming market is set to soar to around $520 billion in the next 3 years. That’s a pretty bold prediction but software providers are already slogging away to introduce the technology on a mass scale as quickly as they can.
Cryptocurrency Growing in Popularity as a Banking Option
Accountability and visibility have always been a concern for online players. The mere thought of sharing banking and personal information with online casino operators can be a hard pill to swallow.
In the past year or so we’ve noticed just how popular cryptocurrency, and especially Bitcoin, has become amongst current and prospective players. Even as the world’s regulatory bodies are trying to determine how best to protect the cryptocurrency business, online casino players are whole-heartedly embracing the idea of funding their player accounts and making withdrawals using cryptocurrency.
It’s easy to see why. Cryptocurrency banking offers complete anonymity, immediate transactions and low to no processing fees. You can deposit and withdraw using crypto, too. It’s exactly what’s needed in the online casino industry.
As 2019 rolls in, we bet that we’re about to see an influx of new software providers entering the iGaming market. That means more online casinos and more ways to offer even better products to players.
Controlling Online Slot Play
For some time, the advance of mobile devices has threatened to outrun casino software developers. But thanks to advancements in HTML5 and native app software, slot designers have more than managed to keep up. Now, you can find all the newest and most popular slot titles across all your preferred devices.
Let’s face it. Most of us have several different devices just under one roof. And the majority of us have internet access at home. That’s why it’s important for casino players to be able to chop and change how and when they play. So, some developers have come up with a way for you to stop playing your favourite slot on one device and pick up where you left off on another device or your desktop PC.
What’s more, we’re seeing the evolution of customisable online slots where you get to choose your bonuses, volatility and even the game layout. 2019 is set to bring more of these amazing features to our fingertips, making online slot play even more thrilling and leaving you totally in control of your gameplay.
Smartwatches to Join the Trend
It’s not only VR revolutionising the online casino market, but the rise in popularity of smartwatches has also turned a common piece of tech into something rather incredible.
This year, players are set to get an increasing range of online casino games right at their fingertips, or wrists. The smartwatch industry is expected to reach a global worth of over $32 billion by 2020, which goes to show this is no passing fad. In fact, back in 2015, Microgaming showed us just how possible iGaming is on watches when they released the Dark Knight Rises slot for Samsung watches.
As wearable tech becomes more intuitive, we expect to see gaming developers finding more ways to integrate casino games into smartwatches.
Live Casino Gaming Goes Big
You’ve probably played a live casino game or two at some point. It’s the perfect way to achieve the interactive casino experience you crave from the comfort of home – or on the go via mobile devices.
Live streaming has become popular in online casinos and this year, we expect live casino gaming to get bigger and better. We’ve heard rumours of group chat functions being implemented, face time with dealers and an even more immersive experience.
Advances in Security and Technology
Each year, we watch technology evolve in the online casino industry. This year, we think the focus will be on secure login technology. The whole idea is to let you log in quickly, so you can get on with the important matter of fun gaming.
In terms of mobile gaming, tech has advanced so much so that you can now use your fingerprint to log in with ease to your favourite online casino. Keep an eye out for that one!
Mobile Casinos on the Rise
Mobile casinos were one of the biggest trends in 2018 and it’s going to continue soaring this year. Players demand convenience and that means being able to play wherever they are and whenever they feel like it.
We think we’re set to see an increase in mobile live gaming this year, too.
More Rewards for High Rollers
The competition for top players is heating up across online casino platforms, and one of the best ways to capture high rollers is to offer the best possible rewards. After all, most of us don’t just keep playing at an online casino for the wins, we hunt for the best rewards, bonuses and VIP programmes. Casinos that cotton on to that trend will continue to find amazing ways to incentivise their platform through better and bigger rewards for high rollers.
It also means that big players will set the trend for the result of us. The hunt for the boldest punters is set to change the iGaming reward structure, or even create a type of two-tier structure with different promotions and incentives and different levels – enhancing the VIP and loyalty programme experience.
Continuous Gamification
One particularly notable transformation in the online casino business has got to do with the upswing in gamification of games, and we think this trend will well and truly carry on in 2019.
Firstly, Virtual Reality technology makes online casinos look as though they’ve come right from a video game, but this is only really available to people who have the necessary headsets and gear. If you don’t have all the kit, you can still enjoy the Virtual Reality casino experience thanks to the increasing gamification of casino games.
You’ve probably already noticed that traditional Random Number Generator games have become a little arcade in style. So, in the very near future, we can look forward to unlocking achievements and completing missions to get to higher levels in games or even unlock better bonuses, something we’re really excited about.
Also, thanks to gamification, some online casino operators now feature an online casino rating algorithm. Gamification has further resulted in the introduction of traditional video games to online casino platforms. For instance, slot games of popular games like Candy Crush offer you the opportunity to enjoy all your favourite mobile games while playing to win real cash.
Live Streaming’s Getting Bigger
We mentioned how to live gaming continues to grow in popularity with online casinos. Well, we think we’re set to see a rise in the number of players broadcasting their online gaming sessions. In fact, streaming platforms are already rather popular with poker players and game players alike.
Last year, we saw an upsurge in the number of online slot players using live streams to boast about their big winning sessions or even review the latest online slot titles. With more players keen to pay a subscription, we could well see live steaming platforms become the go-to place for many online casino players.
Gambling Regulation to Come Under the Spotlight
2018 was a big year for global gambling regulations, and they continue to improve each day in terms of curbing malpractices and gambling addictions. 2019 will carry on this trend.
Don’t worry, though, it’s not about to affect your awesome gambling experience. In fact, 2019’s regulations are likely to make your gameplay safer and more reliable on the whole.
Roll-On 2019 and Online Casino Gaming
There’s no doubt that 2019 is going to be an exciting and even better year for players. Just looking at our predictions, this year is set to be more interactive, reliable, secure, engaging and immersive than ever before.
Best of all, there will new games and slots titles released regularly, more bonuses and promotions to look forward to and a truly optimised and personalised gaming experience for all.
Roll in 2019, we say!
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.
Are Bitcoin Casinos a Safe Environment to Game?
One common question most people ask is, “Is it safe to play at a Bitcoin casino?” A lot of people are somewhat uncomfortable when it comes to playing at Bitcoin casinos. But there is one undeniable fact; Bitcoin casinos have greater security in place than traditional casinos.
The world of online gambling has evolved in no small measure and allowed a large number of individuals around the world the opportunity to pursue their gambling passions without even having to step out of their home.
However, a few individuals are still wary when it comes to divulging personal information like credit card details, IDs, etc. – as required by some online casinos.
One area online casinos have improved tremendously is in tightening their platform’s security. Now, with the integration of Blockchain powered Bitcoin; the industry provides a new vista of water-tight security for operators and players alike.
Bitcoin is anonymous
If there is one thing that Bitcoin brings to the table as regards online gambling it is anonymity. It is no longer necessary to give out your personal information when you go online to play your favourite casino game, thanks to the Bitcoin casino.
Payments are made from one player to another with nothing other than their public wallet address. These addresses can be changed at any time and are not connected with any identities, except what players share between themselves.
This means that funds can be transferred or sent and received without knowing the identities of the players. Bitcoin also helps in speeding up the process since there is no need for verification of deposits or withdrawals.
It also allows Bitcoin holders – who live in jurisdictions where online gambling is not legally recognized – to play their favourite online games without fear of breaking any laws since no one knows where they reside.
Bitcoin casinos offer better payment rates
Bitcoin casinos offer better payout rates and have fewer costs than their conventional counterparts.
Gambling with Bitcoin bypasses some laws
Bitcoin is not an official currency of any country; therefore, gambling with this cryptocurrency circumvents certain laws. This means that it’s not directly illegal in every sense of the word.
Despite these apparent advantages, playing with Bitcoin online also has inherent risks:
* The value of Bitcoin is extremely volatile. This is why you must always be alert and keep track of the price of the cryptocurrency to maximize your wins
* Bitcoin wallets are put in jeopardy as hackers are always trying to break through the security and firewalls of these cryptocurrency wallets online.
In conclusion, Bitcoin has put an end to a lot of problems that plague online gambling. Players can gamble anonymously, and transactions can be carried out swiftly and efficiently. So the next time someone asks you, “Is it safe to play at a Bitcoin casino?” you know the right answer to reply.
Bitstars Bitcoin Welcome Offer
The faces behind Bitstarz Casino say they’re not just operators, they’re avid players, too. This is good to know if you’re a Bitstarz player as you probably do want to be part of a casino where operators know exactly what their players need, and in these exciting times, that’s not just being able to wager in the usual currencies, but in bitcoin, too. Hence the casino’s name.
Regulated and registered in Curacao, it’s incredible to see how this online casino has leaped head and shoulders above the competition to find a comfortable stop at the top of the industry. Great promotions are no doubt a big part of Bitstarz’s success, with the operator currently standing as the biggest online casino to accept a combination of standard currencies and bitcoins.
So, what’s on offer?
Bitstarz Welcome Bonus
Let’s first talk about the exciting Welcome Bonus at Bitstarz online casino that offers Bitcoin. This operator knows how to welcome you with two open arms and a great big bear hug. When you register at the casino, you stand to win exciting bonuses without even needing to redeem a promo code.
Firstly, if you sign up right away you get 20 free spins without needing to deposit a thing.
What’s more, the Welcome Bonus isn’t just limited to your first deposit, but they continue to rain upon you through to your third deposit, complete with bitcoins. This is how it works:
- Get 100% match deposit bonus up to €100 and 180 free spins with your first deposit. Deposit using bitcoins and you get 1BTC and 180 free spins.
- On your second deposit, you get a 50% match deposit bonus up to €100 or 1BTC on your bitcoin deposit.
- On your third deposit, you get a 50% match deposit up to €200 or 2 BTC if you prefer to deposit with Bitcoin.
That’s a pretty amazing way to welcome players, but the offers don’t stop there.
50% Monday Reload Bonus
Why not kick start your week in true online-casino style? You can at Bitstarz that awards you a 50% reload bonus on your deposit each and every Monday. Simply make a minimum deposit of €30 or 25 BTC and your bonus funds will be credited to your account right away.
More on Offer at Bitstarz
While the Bitcoin welcome bonus and reload bonus are incredibly exciting, there are even more thrills to be had at Bitstarz with regular tournaments and promotions.
If you’re a table game fanatic, you’re going to love the table tournaments. At Bitstarz, you can play all your favourite table games in the live casino every day of the week and earn your place of the leaderboard. Players in the top 20 positions get to share a prize pool of around €1,500 each week.
Top the leaderboard and you’ll pocket a grand cash prize of €500 with absolutely no wagering requirements necessary – all for playing the games you love with your favourite virtual currency.
Online slots fans aren’t left out of the fun at Bitstarz. Once you’ve gotten through those 180 free spins from the Welcome Bonus, you can keep your gaming spirits up and stand to win massive bonuses and free spins each week with the weekly slots war tournament. When you make 4 successful deposits at the online casino, you stand to win a share of €1,000 and another 250 free spins by playing all the best titles around. The top 50 players stand to win their share of the bigger prize pool.
Welcome to Bitstarz!
While Bitstarz has 7 payment methods available, it’s the Bitcoin option that is really putting them on the casino map. Minimum deposits are €20 or 0.00001 BTC. We think the Welcome Bonus is rather generous and a fantastic way to use your Bitcoin investment. All that’s left to do is register your new player account!
Gibraltar now welcomes cryptocurrency such as Bitcoin within its jurisdiction. The start of the year has seen the regulation, which serves as a protective means designed to provide insulation against organisations that take cryptocurrency, come into effect.
The regulation has given rise to new hope for optimised global regulation and is set to promote the well-being of online companies, especially in the online gambling sector where more and more online casinos are using blockchain-supported cryptocurrency transactions for deposits and payouts.
Reputation Protection and Blockchain
Gibraltar’s reputation and, of course, crypto customers alike are priorities of the new regulation protection. The regulations very clearly insist on companies storing and transmitting value that is to be licensed by the Financial Services Commission (GFSC).
How the Licensing System Works
Gibraltar’s very first cryptocurrency regulation has been dubbed the Digital Ledger Technology (DTL) Regulatory Framework. The regulation is intended to create acceptance of cryptocurrency and Bitcoin and not a blatant protective intervention. The DLT Framework is supposed to lay down the stepping stones for further cryptocurrency sector legislation in an area that holds online gambling and financial services as the pillars of a relatively shielded economy.
What’s Expected of Organisations?
The new regulations clearly call for all DLT providers to communicate with customers plainly and fairly. This means complete transparency is mandatory in an effort to respect the fears and risks that businesses and customers alike display when new licenses come into play.
What’s more, crypto-licensed companies will now have to be proactive in the protection of client money and assets.
Why Gibraltar?
Gibraltar seems to be the perfect domain in which to explore cryptocurrency regulation models. The jurisdiction’s legal system is vehemently independent of the UK. Now, we know that Gibraltar has a long history of pioneering economic priorities and unique government policies.
With this in mind, there’s no doubt Gibraltar is a haven for determined online casinos and online sports betting companies thanks to enticing corporate tax incentives and rather lax regulations aimed at encouraging innovation and growth.
What Does This Mean for Online Gamblers?
Gibraltar isn’t just some gorgeous destination, it boasts an incredibly flexible taxation system. Considering its close relationship with the UK, it’s one of the most forgiving systems in terms of gambling. That’s why it’s a haven for crypto investors from around the world.
In short, that means a great many funds in crypto-casinos and even better payouts. Just like Malta, Gibraltar is actively introducing its new crypto regulation that will render Bitcoin that much safer, along with crypto wallets, cryptoATMS and a ton of other exciting initiatives.
We’ve already seen how Bitcoin has taken the world by storm. This means heaps of money for those people smart enough to jump on the bandwagon early enough. If you’re just getting ready to jump on that Bitcoin bandwagon, it’s exciting that Gibraltar, and the online world of gambling, has your back. Now that you have all the information take a look at our review of one of the only casinos to already accept cryptocurrency Bitstarz.