Bitcoin Casinos 2018 – Guide: Best Bitcoin Gambling Sites UK
In terms of digital cash, cryptocurrencies are definitely the biggest thing since the advent of e-wallets. And Bitcoin was the – very first cryptocurrency to appear online.
As Bitcoin began to gain traction, it was only a matter of time before casinos began considering it as a banking method.
But Bitcoin casinos offer so much more than just a handy digital payment method.
TouchLucky Recommends – Top Bitcoin Casinos:
– Napoli Casino
– 6 Black
There are advantages to using Bitcoin casinos that are only really appreciable if you understand how Bitcoin works. After all, it was made to be the safest form of digital currency out there.
More and more online casinos are beginning to implement Bitcoin and other cryptocurrencies because of the incredible security and transaction verification that cryptography allows its users.
Put simply, Bitcoin casinos are the pioneers of “transparent gaming”.
This means that gamblers who choose to play at Bitcoin casinos can benefit from lots of amazing features and advantages. Here are just a few:
– Provably fair gaming: users can verify RNG fairness themselves
– Withdrawals and deposits happen instantaneously
– No personal information is needed for account verification
– Winnings credited immediately
Nowadays, provably fair gaming is getting so popular that you’ll see casinos accepting other cryptocurrencies than Bitcoin. You may hear Bitcoin casinos being called “Cryptocasinos” for that reason.
We’re aware that we’ve used a few technical terms that some may not be familiar with. Let ’s have a look at how it all works.
Understanding Bitcoin Gambling: What are the Advantages?
Bitcoin casinos use the same technologies as Bitcoin does to ensure transaction verifiability. This technology is called “the Blockchain”.
It can be a little hard to wrap your head around, so we’ve broken it down for you.
The Blockchain: Explained
The Blockchain is an ultra-safe digital system that has three main uses.
– Storing records
– Making facts available for verification by any user
– Guaranteed security
Records are stored across a network of PCs, making them distributed so that no central company or person owns the system.
This way, everyone can use the system. And it’s difficult to take down or corrupt because of the system not being centralized.
Thanks to cryptography, records can’t be counterfeited or changed by anyone.
Applied to a casino, this means that every player can verify that all their bets and game rounds were fair, unrigged and untampered with.
Bitcoin: What Makes it Unique?
Bitcoin was one of the first revolutionary apps to come out of the Blockchain technology.
There’s one main difference between Bitcoin and other digital payment methods like bank transfers or e-wallets.
Thanks to the decentralized nature of Blockchain technology, no bank or financial middleman is involved when you make a transaction with Bitcoin.
Instead, you have a whole network of people around the world moving the digital money by validating people’s transactions.
These people track records of digital cash ownership. So only one person can own a specific bitcoin amount at a time, and that amount can’t be sent twice, unlike physical counterfeit money.
So what does this boil down to? Well, first of all, you can kiss transaction fees goodbye. And furthermore, nobody can claim ownership over your Bitcoins.
Provably fair gambling
One of the main advantages of playing at a Bitcoin casino is the “provably fair gambling” aspect.
As we mentioned, Bitcoin casinos allow you to verify the fairness of every game, every bet, every single transaction you make.
The idea is that casinos shouldn’t be able to know what the card or number will be before it’s dealt. And they definitely shouldn’t be deciding what the card or number will be, either.
With provably fair gambling, you can see for yourself if the Random Number Generator has been rigged or not.
Here’s how it works.
The Specifics of Provably Fair Gambling: Hashes and Unique Client Seeds
First of all, a couple of definitions will help you understand how the technology works.
– Hash: a mathematical equation in the form of a long string of characters that can be backwards tested to check for consistency.
– Seed: Extra data that is added to the hash to modify what it hashes.
So this is how the algorithm works in practice when you’re playing a game of poker:
– The casino’s site provides your computer with the hash of the deck
– The dealer deals your cards
– Your computer provides a random seed that the site can’t see
– Your seed changes your cards to something neither you nor the site can have known
The fact that it’s your computer that provides a random seed means that the casino server cannot tamper with the hand you are dealt.
It also means that the casino doesn’t know what your hand is, and thus can’t tip the game in its own favour.
Best Bitcoin Casinos: How To Verify that your Game is Fair and Unrigged
The best Bitcoin casinos allow you to check for hash consistency yourself, with easy-to-use features on either their games or their website.
1. Verifying Fairness On Bitcoin Casino Games
So, you’ve chosen a Bitcoin casino. You open a game, and there you find a tab on the right hand side of the screen. This is the verification function that certain casinos implement.
In these cases, any time during your game of baccarat or poker, you’ll be able to click on this tab and verify the fairness of your game.
The way this works is that the software will calculate whether the hash the computer sent you at the beginning of the game is consistent with endgame hash. And that your player seed correctly impacted the final result.
2. Verifying Fairness On Bitcoin Casino Websites
At other casinos, you may find a “Fairness” tab on their website that gives you a list of all the games you’ve played, so you can verify each one individually.
This is a function that we found on the site of the Bitcoin casino Stake, for instance. Once you’ve clicked on their “Fairness” tab, you can scroll through the list and verify the randomization.
Understanding Bitcoin Gambling: What are the Disadvantages?
Bitcoin gambling is revolutionary. In no other casino will you be able to independently verify whether or not the casino site or individual games are cheating you.
But can online casinos still cheat you in other ways?
Here are a couple of things you should still keep in mind, before you place all your trust in a Bitcoin casino:
– Fair play doesn’t mean better odds
– Casinos can still have problematic withdrawal limits & wagering requirements
– Any data you provide may still be archived and sold
– Using Bitcoin means you can’t reverse any transactions
Like with any other casino, you should always check the terms and conditions before signing up and making your first deposit.
Just because a Bitcoin casino can’t be dishonest about game randomization, doesn’t mean it can’t still cheat you out of bonus earnings or other things.
Clearly, Bitcoin gambling is definitely a big step forward in terms of gaming transparency. But there will always be a human element in the managing of a casino, so trust issues may still happen.
Bitcoin Casinos: A Guide on How to Get Started
So now that you know the huge benefits of Bitcoin gambling, where do you start? For all the big words and complicated mathematics of it, using Bitcoin is really quite simple.
The first thing to know is that you won’t find free bitcoins online – you’ll have to purchase them. Some sites will give you a small bonus when you make your first Bitcoin purchase, so that’s definitely something to look up.
Here’s a step-by-step.
– Look into your preferred way to purchase Bitcoins online
– Create your Bitcoin wallet (via sites like Coinbase.com or Blockchain.com)
– Find a reputable Bitcoin casino with good T&Cs
– Make your account & sign up
– Send Bitcoins from your personal Bitcoin wallet to the site
– Transaction and verification happens in literal seconds
– Start playing!
The longest part of the process will probably be purchasing Bitcoins if you are new to Bitcoin in general. But the ease of being your own banker and the sheer speed of casino transactions, definitely makes it worthwhile.
It may take some getting used to when it comes to figuring out how much you’re actually spending. Your casino funds will appear as “BTC” or “mBTC” according to how much you put in.
So you’d best keep a conversion calculator handy when you play. Especially as the value of Bitcoins is often changing.
Best Bitcoin Casino Games: What to Expect
Bitcoin casinos have the same types of games as regular online casinos, with a couple extra. Indeed, you’ll be able to find some games at Bitcoin casinos that don’t have a classic casino category.
For instance, you can try your hand at unique games like Minesweeper if you’re feeling adventurous. Or if you want to play something a bit more classic, you could go for Dice – which was the first Bitcoin game ever!
Here’s a comprehensive list of games where you can bet with Bitcoin.
Bitcoin Sports Betting
You’ll be able to bet on a wide range of sports, like football, basketball, tennis or horse racing. Some Bitcoin casino sites have sports betting tabs, so you don’t have to go looking for a specific sportsbook.
Bitcoin Slot Games
The best Bitcoin casinos will have a wide variety of slot games for you to choose from. Like everything else, the only real differences are the currency appearing as BTC and the verifiability.
Bitcoin Table & Card Games
Let’s face it, we all need some good old card and table games to return to when we’ve had enough of slots. At Bitcoin casinos, you will, of course, be able to play anything you want:
– Bitcoin Poker
– Bitcoin Roulette
The best casinos will also have a live casino section, where you can play against live dealers. Again, you’ll be betting with Bitcoin, so make sure you have that conversion calculator handy!
Bitcoin Speciality Games
We found that some Bitcoin casinos offer games like Keno or even Lottery games. As mentioned previously, Minesweeper is also a Bitcoin speciality. It can be great to experiment, especially as you can be sure the game will be fair!
Top Bitcoin Gambling Sites: How to Choose Your Bitcoin Casino
The rules you use to check the quality of any old casino should be applied to Bitcoin casinos too. Some of the most important indicators of quality are these:
– The casino’s owner has no scandal involvement
– The casino’s software providers have a good reputation and history
– Games are compatible on most/all devices
– Minimum and maximum withdrawal amounts are reasonable
– Customer service is prompt and available through live chat/phone/email
In order to find out whether your chosen Bitcoin casino checks out, the easiest way is to look at Bitcoin casino reviews. That way you won’t have to trawl through their site yourself.
Though, the casino should also have a clear site with easy access to the information you’re looking for.
More quality checks would involve what kind of bonuses your casino offers. These come in several forms.
Best Bitcoin Casino Bonus: No Deposit Bonus
These work very much like regular bonuses. When you sign up to Bitcoin casinos, some of them will give you a small amount of free money to use on their games.
This free bonus is typically between $5-20. The money counts as “bonus funds”, and any money you earn with it will also count as bonus funds.
You’ll have to meet the casino’s wagering requirements before withdrawing any of these.
Best Bitcoin Casino: Deposit Bonus & VIP schemes
Most Bitcoin casinos will give you a deposit match bonus when you make your first deposit.
This means the site will give you a percentage of your deposit money as a free extra. Sometimes these can go up to 100% or even 200% of your deposit!
One great thing to look out for is casinos that reward their returning players. These will offer more deposit bonuses than just that first welcome bonus.
Sometimes, deposit bonuses can be given on a weekly or monthly basis.
Like regular online casinos, Bitcoin casinos will offer VIP schemes. These are what will often allow you to benefit from these recurring deposit bonuses, as well as other exclusive advantages.