Bitcoin slots is technically not the correct term, but it’s still is good to know. A main issue with Bitcoin casinos is that the game selection is limited. 50% are dice games or a simplistic version of blackjack and roulette. And that’s ok for some…
But if you are looking to play in a real casino, with a variety of games including slot machines, you came to the right place. Here you can find all the necessary information on playing real money slots with Bitcoin: how things work, what to look for, which games have the best odds and the best bitcoin slots casinos.
We will split this article into two parts. The first half is for those who are well acquainted with cryptocurrencies and are looking for a solid place to play. After that, we will give additional info for people who are new to Bitcoin.
Best Casinos to Play Bitcoin Slots
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Bitcoin in Gambling
Bitcoin has a long history, but when it comes to gambling, it is still new. In 2016, everything changed for the relationship between BTC and online gambling. Now Bitcoin is a integral part of online casinos. The main reason is because of clear legislation for online gambling.
While there are still grey areas, they are limited by a few factors:
- Number of casinos to choose from
- Their quality
- The banking methods they can use to deposit and withdraw funds
The first two can be solved easily. You don’t need 1,000 online casinos, you just need a few good ones. But when it comes to finding simple, fast and safe banking methods, the solution has yet to be found.
Enter Bitcoin. It first started with the trend of “Bitcoin casinos”, but then it became a solution for American, Russian, Eastern European players looking to gamble online and not get payouts 3 weeks later by check or 7-14 days later by wire. BTC is instant.
If you check U.S.A. friendly casinos, most of them accept Bitcoins. But that doesn’t mean that they all do it well.
Bitcoin Deposits Pros and Cons
When it comes to bitcoin casino deposits, the benefits and drawbacks are pretty clear and straightforward.
Fast withdrawals: At good casinos, it can be almost instant.
Higher withdrawal limits: In the United States, France and Australia, the average max withdrawal amount stands on $2,000 – $4,000. With Bitcoin, you can easily withdraw $8,000 or even $10,000 at a time.
Technologically advanced: It’s not as complicated as it sounds. However, it does require some knowledge and understanding. If you are afraid of computers, we recommend you stick to more standard banking methods.
Bitcoin is a currency: This is important to understand. BTC prices can fluctuate and it can be volatile. Unlike with USD or Euro, when you play with Bitcoins their value changes from day to day. You might have deposited the equivalent to $100, and market changes make those bitcoins worth $80. They also can also be worth $120 (or $200 based on the recent charts). In either case, that is something to consider.
Bitcoin casino variety: Unfortunately, the number of Bitcoin sites with slot machines is limited and their level is below average. You must be picky and choose only the most known and reputable ones.