Bitcoin gambling is more popular than ever. Players who use crypto to fund their bets enjoy the ability to do so without providing any personal information. The bets made in Bitcoin are also safer and the payments are faster than with traditional fiat currency.
Finding a good crypto gambling site is therefore more difficult than before, as there are so many sites to choose from. In this article, we’ll discuss what to look for in a crypto gambling site and help you find the best Bitcoin gambling sites overall, regardless of what’s your game of choice.
Security
Bitcoin gambling sites need to provide high-end security measures. These are a product of the blockchain technology that powers cryptocurrencies. The most important security measures include:
· SSL Encryption Description: This encryption technology protects sensitive data such as login credentials, personal information, and financial transactions from unauthorized access.
· Two-Factor Authentication: It enhances the security of a casino account. Players will need two devices to log into their account and to make transactions. That way no transaction can be made by accident.
· Cold Storage: Not all Bitcoin gambling sites provide this feature, but it can be useful for those storing large amounts. The keys needed to use cryptocurrency stored on the site, are held in cold storage, meaning in an offline storage.
Fast Payments
Bitcoin isn’t tied to any traditional financial structure and it’s decentralized in its operations. This means that the payments can be made right away and the funds available as soon as you send or deposit them. It’s therefore a basic feature to look for in a crypto gambling site.
This is the case regardless of the game you’re playing or the amount you’ve won or deposited. It’s one of the reasons Bitcoin gambling sites are so popular – they provide a more convenient service than the ones using fiat currency payments.
Privacy
Online privacy has become one of the most important concerns for crypto casino users. When using traditional currency casinos players need to provide their bank account or card number and therefore their real name and address. This has become a privacy concern as that information is used to make targeted ads and track the user’s activity.
With Bitcoin gambling sites, all that a player needs is an email address that will connect their crypto wallet and casino account. It allows for completely anonymous gambling.
Game Selection
Cryptocurrency gambling sites offer a wide variety of games and gambling events. This includes games of luck such as crash gambling games, dice, roulettes, and others, as well as games of skill such as poker, blackjack, and its many derivatives.
Players should look for casinos that offer the widest selection of games they are interested in. The same principle should be applied when it comes to a variety of game developers, bet sizes, and bonus structures the games offer. That way a player can start with the games they are familiar with and move on to some they are trying for the first time, when they are ready for it.
Provably Fair Games
All games have an edge in favor of the house. This is something players should be aware of. An important feature to look for from a Bitcoin gambling site is that the game is provably fair, meaning that the terms of the bets are written into the blockchain code.
The casinos should also be transparent about the odds you have of winning and what is the overall return to player rate. This data gives a player a clear picture of what they are in for and how much they can expect to win or lose. Most modern online gambling sites provide this data within the interface so you can see it before selecting a game.
Playing on a Mobile Device
Young players are used to gambling on their phones or tablets, as it’s the most convenient way to do it and as it resembles mobile games. A good gambling site should provide all of its games, including live events on both mobile and desktop devices. That way they can attract the widest possible player base.
At the same time, it should be easy and intuitive to transfer cryptocurrency to and from a casino account from a mobile device as well. A player should be able to fund their game and play it with nothing but a phone.
Customer Support Team
Online gambling sites need to have a good customer support team since that’s the only way for players to reach it and resolve issues. A good customer support system should be reachable at all times and via a variety of different channels such as emails, chats, and phone calls.
It’s also useful for a support team to be made of experts and those with good people skills, since dealing with dissatisfied and frustrated customers can be somewhat challenging for all parties. Many cryptocurrency gambling sites provide customer support in different languages because they are looking for an international player base.
Fees and Subscriptions
Gambling sites charge fees for withdrawing funds from your account. In some cases, they can also charge fees for depositing the funds, but that’s much less common. Some sites also have subscriptions that provide the users with access to certain features available only to VIP players. These can be one-time payments or monthly subscriptions.
Players should learn about these expenses and partly choose a gambling site based on them. Fees can cut into your bottom line. It’s especially challenging for those who bet small amounts and work with a small bankroll.
Bonuses
Most if not all crypto gambling sites offer some sort of bonuses as a way to promote their site and attract new players or reward the loyal ones. Sometimes these bonuses come in the form of a deposit to your casino account, sometimes they match the deposit the player has already made, and in some cases, they are free spins and turns.
Bonuses aren’t free. Players should carefully study the fine print when it comes to bonuses since it contains the wagering requirements attached to them. These state how much a player needs to bet on their own before they can withdraw the bonus.
Responsible Gambling
Gambling can be exciting and it’s a way to win some extra money, but it can also be addicting and crypto gambling sites need to address that issue. This is best done by warning about the potential addiction problems and providing a set of tools to help combat them.
Players should be able to create a stop loss that will sign them out of their account once they lose a set amount. Many casinos also allow players to automate bets in a game of luck so that they can safely implement their betting strategies without having to pay close attention to the game.
To Sum Up
Finding a Bitcoin gambling site that suits your needs as a player may take some skill and effort. There are a lot of those sites competing against each other and providing similar services. The key to finding the one for you is to know what to look for.
The most important features of a gambling site are security, game diversity, and the ability to play without divulging private data.