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So you have some cryptocurrency and you want to win some more of it. Congratulations are in order, because you're in for hours of fun and excitement. But don't register and deposit at a crypto casino just yet. To give yourself the best chances of successful crypto gambling, here's what you need to know.
Choosing the Best Games
Every game at a BTC casino has what's called a House Edge, which indicates how much of an advantage the dealer has over the player. And the lower the House Edge, the better your mathematical chances of winning. For example, if you're Bitcoin gambling on a game with a 1% House Edge, the dealer has a 51% chance of winning to the player's 49%. Compare that to a 20% House Edge, and the player's odds are suddenly 30% to the Bitcoin casino's 70%.
Check out this list of casino game house edges courtesy of the Center for Gaming Research at the University of Nevada, Las Vegas. (About 60% of the way down the page.)
Playing Games the Right Way
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It's not enough to simply know which games to play, you have to play them the right way. In Roulette, the extremely low House Edge of French Roulette only applies to the 1 to 1 outside bets, not the 1 to 2 bets or any of the inside bets. And if you're (smartly) playing six-deck Blackjack, you need to play using the best strategy. Luckily, you're crypto gambling, which means you can shamelessly have a Blackjack chart next to you while you play and can take all the time you need. This will ensure that you make the best possible decision on every hand.
Finding a Crypto Casino
What defines a great BTC casino is fairly simple. Their games need to be certified fair or provably fair. They need to have certificates of approval from independent, third-party sites. They have to be licensed and regulated by a governing body. They should offer more crypto gambling than just Bitcoin. And they must have a strong reputation online for paying out winnings and solving any pending disputes. With those necessities in mind, it won't be long before you find a popular crypto casino that checks all those boxes.
Setting Important Limitations
As you've probably already noted, playing at a crypto casino means that the player has at least a slight disadvantage no matter what they play. And the longer you play any of these games, the higher the likelihood that your win/loss ratio will get to the House Edge. This is why gambling responsibly is so crucial.
For example, set a timer so that you're alerted when you've been playing for an hour. It's truly a game-changing reminder to take a break. And you should always be crypto gambling with no more than you can afford to lose. Never play to make money. In fact, you should expect to lose more than you win and consider the whole experience simply paying for entertainment. The point is to have fun, after all.
Good luck and enjoy!
In a traditional time when betting was first started in the world, then at that time, this was no considered as the legal practice. There were usually land-based casinos that were popular, but with the advancement in technology, people started using online casinos as they consider it as the convenient source of earning money as the players are not required to travel from one place to another; they can sit at their comfort pace and start doing the online gambling.
There are different modes of payments like debit card, credit card, net banking that are accepted by these online casinos. But some crypto casinos even supports bitcoins. There are two types of bitcoin betting sites out of which the player can select the one they think will be convenient for them. The two types of casinos are:
- Bitcoin only casinos: These are the casinos that accept the only bitcoin out of the various cryptocurrencies available. If the players select these casinos, they must have a bitcoin wallet to make the payment and receive the winning amount.
- Bitcoin-friendly casinos: These types of casinos accept not only bitcoins but also other cryptocurrencies. They give us the opportunity to bet with us dollars or even other conventional currencies. This gives the players more options to select so that these casinos will be more comfortable for the players.
Things that must keep in mind while selecting the best platform
Before selecting a particular site and start playing on that site, please feel free to check the reviews of the various platforms to make a wise decision as fraud is increasing on a large scale, so it is important to analyse different platforms so that you can easily select the best platform. Just keep in mind these points that will help you in making a better decision:
Legality and security of the platform
In traditional times, betting was not legal, but with the passage of time, betting became legal in some parts of the world. Just keep in mind that the crypto casinos you select are licensed under regulatory authority; as in these types of casinos, chances of fraud are the least. Having authority makes it easy for the user to report in case of any error.
- Bonuses
Most of the casinos provide a variety of bonuses and other promotional offers from time to time, so you have to take the decision on the bases of the bonuses they are providing. They do not look at the bonuses they provide and wholly read the terms and conditions for availing these bonuses as they may differ from casino to casino.
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- Games offered by them
These crypto casinos provide a variety of gaming options to their users. They even give the facility to provide the gaming option of their choice, and if they get bored off playing a particular game, they can shift to another game and start playing as per your interest. These online casinos provide more advanced and updated gaming options as per the latest trend, as these online casinos are entirely based on technology.
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- Different Payment option
As we have discussed above, there are different types of casinos, out of which some accept the payment only in the form of bitcoins while others even accept bitcoins and other forms of crypto currency. The use makes the selection of the casinos on the basis of their convenience.
Supporting system
In traditional times people used to play these games either on their computer or laptop. But now, as the technology has advanced a lot, so even the android phones have such software’s that has made it possible to play the crypto casino games on these android phones only. They can download these casinos on android and start playing the game.
These are the factors that will surely help you in selecting the best platform. Once you are sure about the platform, now it’s time to have a look at how you can increase the chances of your winning. Below mentioned are some of the tips and strategies that will surely help in playing the game in a better way:
Expert advice
This is the first thing that will help a person in playing the game in a better way. As the person who has already used a particular crypto casino will guide you in a better way about the positive and negative factors of the casinos. When you talk to an expert, he will help you form a strategy that will help you make a better decision.
Know when to quit the game
Not only keep on playing the game for a more extended period of time results in increased chances of winning, but a player must even have an idea as to when to quit the game. Quitting the game will help you in saving the money that you can invest in future jackpots.
Prepare a bankroll statement
A proper bankroll statement will help you in getting an idea about what are the net cash inflow and outflow. This will help you in analysing that when you have investing and what amount, and when you have won the amount.
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Form proper strategies
Just playing the game without keeping a goal and without any strategies can never be beneficial for a person. So you have to keep in mind that you must form proper strategies and then only play the game. If these strategies are resulting in increased winning, then same or otherwise, just make minor changes in the strategies so that you can play the game in a better way.
Conclusion:
These are the tips that will provide you a gateway to play the game in a better way and earn a livelihood. These days’ crypto casinos are the best source of earning money as there is no specific qualification for playing in these online casinos. As a beginner also you can quickly learn to play the game by reading the rules and regulations of the game correctly.