A complete guide on using Bitcoins at betting sites
Are you new to cryptocurrencies? If yes, we have made it simple for you in the best possible way. Bitcoin has never been a familiar term to every individual some years ago. It was the term used by tech-savvy people who were the creators of technology with an aim to transform the world digitally. But now, the scene has changed and the people are leaning more towards Bitcoin and it’s for sure that its impact will increase exponentially in the coming years. The popularity it gained in these years is not at all surprising as people run behind to make money and Bitcoin hit a price of $20,000 for 1 BTC in 2017. Bitcoin has made the impression not only in purchasing goods and services online but also in the online betting industry. BTC has the best to offer for poker rooms, casinos online, dice games and many other betting arenas.
Let’s learn more on how and where to gamble with Bitcoin
Bitcoin is digital money that doesn’t use coins and is stored in the online wallets. It can be traded on BTC exchanges. The user can buy stuff using BTC or transfer to other accounts as well or even the user can exchange it for currencies too. The only difference of Bitcoin with usual money is that BTC can’t be used for the withdrawals from the wallet.
- Betting platforms that use Bitcoin (BTC)
During the earlier days, the betting platforms that are used for Bitcoins game were simple. Those Bitcoin games were dice and casino games. As time passed by, the games with Bitcoin have increased and gained profit and success till date.
a) Provably Fair Gambling
If you get a chance to create provably Fair games like Bitcoin dice games, will you do so? Yes, you should. Games like Bitcoin dice use blockchain technology and display fair play with each spin and whatever that is connected with betting. It offers a kind of assurance that the betting users don’t get cheated as well.
If the user is into provably Fair gaming especially Bitcoin dice game, he gets a chance to check if the random number generator has worked correctly or not. Actually this is the solution that every betting operator needs desperately. The user was supposed to rely on commissions in order to avoid scams that were present before. But now provably fair games have changed the face of industry. If the casino looks fishy, the user doesn’t check for technical knowledge or any external help.
Provably fair technology helps every user to check the results for randomness once the game is over. But pin docs game uses provably fair technology since there is a single roll.
b) BTC only operators and hybrid operators
Next type of gambling platform is BTC only operators that use cryptocurrencies only and hybrid operators that have currency as the payment option. The BTC operators use a complete range of BTC to earn it’s benefits.
Earning Bitcoins (BTC) through games is easy now
Have you ever thought of why these gaming platforms pay money? Why are they willing to give the user with free Bitcoin as a welcome deposit without paying anything? The reasons are for the advertisement revenue and for the promotional purposes.
The Bitcoin dice games use provably fair technology and if a user gets dice sites with less house edge, he can reap total max profit out of it. The faucet in the game helps the user to get less amount of cryptocurrency and nowadays many of the Bitcoin dice sites have Bitcoin faucet that allow users to make profit double fold with bet. With the Bitcoin faucet a user can make 0.0001BTC every ten minutes. Only thing is that the bet amount must be zero or less to attain the Bitcoins. Those who want to bet with the Bitcoins earned at Bitcoin faucet, this is not the end. There are more ways to play and win free Bitcoin dice game.
a) Provably fair Bitcoin dice game
As mentioned earlier, provably fair Bitcoin dice sites allow users to rely completely on the roll without a doubt. They get the best Bitcoin dice sites without manipulating the results as a roll of provably fair technology. Provable fairness works in this way for the best Bitcoin dice games:
The random seed produced by the server is sent to the player and in return the user sends back the random seed. Later these two seeds are combined to bring out the result of roll. Now the user can see the server seed and if the number matches the hash by the server, then it is sure that roll is completely fair. It is a great luck for the players’ that provably fair technology has proved to be the best Bitcoin dice casinos now. Do you know the popular Bitcoin dice games are the one with the Bitcoin dice faucet? By completing some tasks or captcha, Bitcoin faucet gives away free Bitcoins. The player can also buy Bitcoins if he is a part of an affiliate program. The Bitcoin sites offer profit to the users based on clicks, sign up etc. Other Bitcoin dice options are free Bitcoin dice games, no download dice games etc. But the gray part is that the player must know how to win dice games. Always try for the dice games with less house edge to get max profit. Yes, it is easy to increase the win chance.
b) Blockchain Bitcoin dice game
This is one of the interesting ways in Bitcoin gaming next to Bitcoin dice. Just by playing blockchain game technology of the dice game with less house edge, the user can easily win Bitcoins as a reward.
c) Roll and ball
Roll and ball is one of the best games to earn a good bet amount through max payout and has versions to win Bitcoins through profit. The versions of roll games are like the user makes immediate profit and the other one is that they can win profit depending on future ads with roll.
Bitcoin (BTC) gambling legality you must know
Bitcoin offers much profit to the user and this is the reason why gamblers use the BTC to find their games. Many individuals don’t know the profit it gives and that includes legal authorities of some countries too. In some countries BTC is banned and in some it is used as the tool for max profit of win chance while gambling. Let’s find if BTC is legal or not apart from its reaping profit.
If you have come to the point that you are allowed to play Bitcoin dice and make profit from online gambling in your country, next you must check if Bitcoin gambling is allowed or not. So, if in case the gambling is allowed in your nation for max profit, it is likely for BTC gambling to be performed as well. Thus online casinos allow the user to win max profit using cryptocurrencies unless the government puts a stop to it.
Where to buy Bitcoin?
Bitcoin being the widely accepted cryptocurrency around the world you must know where to get it which has more applications to win max profit. Many casinos allow the user to try the bets before making any payment, so it is advisable to know about buying Bitcoin as a part of the bet. There are various options you can choose from if you consider buying Bitcoin for making bets and to reap max profit with the best win chance. Here we have compiled the easiest and safest methods of buying Bitcoin for bets which can be used by the gamblers to make the profit.
a) Bitcoin exchanges
Bitcoin exchanges are the easy ways to buy Bitcoin for bets. It has the best intuitive user interface and less commission amount. Try not to send the amount of money to the site for bets directly from the wallet. So before giving it to a betting site, the user is requested to send Bitcoin to the wallet which is intermediary. If you wish to play the Bitcoin dice game with less house edge make sure to buy Bitcoins from a reliable Bitcoin exchange partner for the best roll and win chance.
b) Local Bitcoin for bets
This is another convenient method to purchase Bitcoin for bets like sports betting, poker and casino games that gives max profit. This involves dealing with the local people in and around your area who sell Bitcoin and negotiating the price with them to get for a cheap amount. With a mindset to make good profit from buying Bitcoin, make sure you don’t get scammed by the local seller.
c) Local Bitcoin
Get max profit by buying Bitcoin from brokers worldwide. Bitcoins can be purchased from credit cards, debit cards or through bank transfer.
d) Bitcoin ATM
Get Bitcoin to use for placing the bet from the Bitcoin ATM. This is quite an expensive way as the average fees is around 7%. It is the safe and secure way of digital currency.
By now you are clear with the profit, win chance and excitement of playing the Bitcoin dice game. Definitely know more tips for the ultimate profit is a plus. Know the key features, rolls, important information on getting Bitcoin etc and implement all our tips available here to win the game.