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1. What is the Meaning of a Bitcoin Casino? 2. Advantages of a Bitcoin Casino 3. How to Open a Bitcoin Casino: a bit by bit Instruction 4. How to Open a Bitcoin Casino in the Easiest Way? |
The gambling sphere is quite profitable but it has some niches that bring more income to the owners and have more prospects. Moreover, recent polls of players show that about 70% of gamblers will agree to change a casino if another club will offer more profitable games.
Online casino bitcoins are examples of such niches, although today, it occupies about 15% of the market. However, cryptocurrencies continue to develop, and the true potential of such casinos is unknown to anyone. That is why bitcoin games are now perceived as a pot of gold. And now let us tell you how to open a bitcoin casino and create for yourself a very successful business!
New bitcoin casinos appear literally every day but only some of them manage to become popular and profitable. Would you like to know what their secret is? Ask experts from Gaminator Casino. Sign up for a consultation today!
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What is the Meaning of a Bitcoin Casino?
An online gaming project that accepts cryptocurrency as the method of payment is called a bitcoin casino. In some casinos, bitcoin is the main currency, and in others ― just one among many. But both types work with cryptographic currencies, which so far are recognised in a very small number of countries.
According to our review, bitcoin casinos are mostly visited by:
- men with an average age of thirty-two years;
- more than 50% of visitors of crypto casinos are residents of the United States;
- people with higher education;
- players who a well-versed in modern technologies;
- those who belong to the middle class.
In bitcoin gambling clubs, it is usually possible to find a traditional set of games: poker, roulette, slot machines, etc. For example, in a bitcasino io. As for virtual bookmakers, they can also accept bets on sports events in bitcoins.
Advantages of a Bitcoin Casino
Are traditional online clubs very different from bitcoin casinos? Do they offer something totally new?
Not really. You can play in bitcoin casinos in the same way as on other gambling websites. But at the same time, crypto projects have small differences, and all together they make themselves more attractive in the eyes of the players. Let us see what it is all about and what bonuses do gamblers get.
Among the biggest advantages of casino bitcoins, we can name:
- Complete anonymity. The fact is that bitcoins do not fall within the scope of the law of any country and any bank of the world. It is a fully decentralised currency, which, in most cases, is transferred from one owner to another. This is one of the main reasons why many professional gamblers are so fond of it.
- The speed of transactions. It seems incredible but crypto finances can be transferred to an account in just fifteen minutes. Two hours maximum. This feature of bitcoins guarantees the transparency of the casino operation because any delay is immediately visible.
- Commission cost: 0%. Any payment operator will withdraw at least 1% for the transfer of euro, dollars or rubles. Payment services that work with cryptocurrency can do it as well. But if the casino is ready to accept payments to its wallet, the issue with commissions will be over forever.
- Payments cannot be refunded. Many owners face a situation when players replenish funds to their accounts, and then, for whatever reason, operators withdraw it. With cryptocurrency, such a scenario is difficult to imagine.
- Free conversion. There will be no problems in case you want to convert bitcoins to the currency of your country. Or in dollars. Or in euro. Just five minutes, and you get money in the right currency. Players like this option very much.
- Round-the-clock transfers. Since the transaction is always direct, without intermediaries, payments can be made at any time of the day or night.
Even with a cursory inspection of the possibilities of payment by casino bitcoins, it becomes obvious that the connection of such a channel expands the audience of users significantly.
The price of a bitcoin is even more attractive: it is steadily growing and in the future, you will have a chance to get additional earnings on the difference in rates.
How to Open a Bitcoin Casino: a bit by bit Instruction
Like any other business, the opening of a bitcoin gambling establishment requires step-by-step actions.
Here are the stages that the future owner of a casino project will need to go through:
- Pre-work: analysis of competitors, the selection of USP, the development of positioning.
- Official registration and acquisition of a permit. Unfortunately, many entrepreneurs miss this important step. But when you will want to connect those gamblers who do not use cryptocurrency to the game, you will still have to make your business legal.
- Selection of a gaming platform and slots. If you feel like catfish to a crawdad in matters of the gaming software, you can easily choose good software by yourself. Otherwise, you can contact specialists who will select it for you.
- Development of a gaming site. It is also a big step, which should be taken piece by piece. First order a design, then create a website, buy a domain (io casino is especially in-demand), hosting, and prepare the SEO promotion.
- Set up payment channels. Even if you are planning to work only with bitcoins, the acceptance and sending of money transfers need to be customised and tested. This is how you can avoid problems in the future.
- A connection of the chat support. At first, you can also respond to inquiries and feedback from players on your own. But keep in mind that the best bitcoin casinos stay in touch twenty-four-seven.
There are quite many stages, and the amount of work can cool your desire to launch an online gambling club. But do not give up before time! All this can be done much faster and easier if you purchase a turnkey bitcoin solution (for example, an io casino).
Some companies are ready to provide the gaming software and other necessary elements in the packaged offer. Thus, you will get a ready-to-work business within seven or ten days.
How to Open a Bitcoin Casino in the Easiest Way?
The perfect option is to entrust the development, testing, and launch of a bitcoin casino to third-party contractors (as it is done in a bitcasino io). Choose a firm that has a good reputation in the market and that can show successful projects, which it has implemented.
For example, it is possible to purchase crypto casino scripts from a personal manager from Gaminator Casino, buy a turnkey project, order the creation of a live casino (with real dealers) or rent a gambling club to see how profitable this business is.
Gaminator Casino will deal with the creation and promotion of a casino, so do not put away the realisation of your dream for later, and contact us today! And after ten days, you will start receiving the first income!
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For all questions, please contact us:
- by e-mail: [email protected];
- in Skype: gaminator.deluxe;
- in Telegram: @win24;
- via the feedback form.
The digital coin was the first form of digital cash to enter the market when the era of cryptocurrency came along. Launched in 2008, BTC was not very popular, and only a few people associated with its development saw its value. Things changed when the cryptocurrency sphere began making waves as the demand for electronic cash grew. It is the digital coin that set the stage for others such as Litecoin, Ripple and Ethereum.
A few years after its entry into the market, people were using BTC to shop and pay for various services online. BTC is a decentralised currency, meaning that there is no involvement of an intermediary such as a central bank. This trait made the virtual currency a preferred mode of transaction for people who want to maintain anonymity. It’s why casinos are slowly but steadily adopting it as a payment method. As you play online roulette, you can capitalise on the benefits of cryptocurrencies by paying with BTC. This guide has bit more information about the digital coin and how you can use it when transacting at internet casinos.
How Do Bitcoin Roulette Casinos Work?
A BTC casino works the same way as a traditional fiat platform except that when it comes to banking, it gives you the option of paying with the digital coin. We hopped across different casinos that accept BTC to bring you this comprehensive review. Bitcoin roulette casinos are in two categories. One is the conventional roulette site that offers BTC as an alternative to the standard payment methods like credit cards. The other is a roulette casino that transacts exclusively in cryptocurrency, including BTC. What you choose is a matter of preference. We found the fiat and digital currency casinos more practical because you have an option if for some reason you can’t transact with BTC.
Bitcoin roulette casinos are just as reliable and diverse as their fiat counterparts. They provide secure platforms where customers can deposit and withdraw funds without trouble. You need a wallet to store your digital coin before using it online. Once you have the wallet and the funds you need in BTC, you can pay at your favourite casino. Go to the payments page of the gambling site, pick the Bitcoin option, and you will receive a prompt to transfer money to the casino’s wallet. Follow the instructions and deposit the funds. Cryptocurrency transactions are instant. Withdrawals are just as simple. The game variety doesn’t change just because you pay with bitcoins. You can play European, American or your choice of live roulette games.
Recommended Roulette casinos with Bitcoin
In our search for Bitcoin casinos, we found ourselves on several popular and not-so-popular platforms. Some roulette sites allow direct Bitcoin transactions. However, with others, customers have to deposit their electronic cash in a virtual wallet such as Neteller then send funds to the casino. Here are three of our top casino picks:
Netbet – In 2016, this casino became the first UK-licenced operator to accept BTC. Netbet partnered with Bitpay to provide players with the option of cryptocurrency deposits and withdrawals. BTC transactions are permitted for the Netbet casino and sports betting. The roulette casino has an extensive gaming selection as well, which is why we loved spending time on it.
Eurogrand – Although it is among the smallest platforms that we played on, Eurogrand is impressive when it comes to payment methods. Currently, the casino doesn’t accept BTC payments directly, but it has a long list of virtual wallets and prepaid cards. You can deposit your BTC in one of these banking methods then use it to fund your player account at Eurogrand.
888 – At the moment, 888 does not let players pay with bitcoins directly. However, you can opt for the other available banking methods to deposit or withdraw from your account. You can load your digital coin on a prepaid card or virtual wallet and pay the casino. As one of the biggest roulette sites in the sector, 888 might not be far from allowing BTC transactions.
Where can I get Bitcoins?
You can purchase the cryptocurrency from a BTC exchange where you can switch out regular currency for BTC. Ensure that you use a reputable cryptocurrency exchange to avoid scams. BTC ATMs are other resources that you can use to change traditional coins to the digital currency. Besides exchange, you can accept payment in terms of BTC online for goods or services.
About Bitcoin
The digital coin sprung up in 2008, just after the banking crisis. It was the creation of an anonymous figure called Satoshi Nakamoto. The idea behind BTC was to give people more autonomy with their currency without the interference of the government. The coin operates on a blockchain technology where every transaction is recorded into a ledger. Once a transaction occurs, it is irreversible. This ledger is public, meaning that anyone can make changes to it. Because the technology runs on a peer-to-peer system, it offers a unique level of security.
Advantages
- Maintain anonymity of your online transactions
- Instant deposits and withdrawals
- Secure
Disadvantages
- Highly volatile currency
- Hacking risks
- Restricted transactions in some regions
FAQ to Bitcoin
a. Do I have to open a BTC account?
Yes, an account or online wallet is necessary to transact with the cryptocurrency. This account is where you will send payments from and receive funds. You can have a BTC wallet on your mobile device for easy transactions.
b. Where can I find the value of a Bitcoin?
The value of BTC fluctuates according to market performance and other factors. Casino customers must keep up with BTC value, so they know how many coins to deposit or withdraw. You can check the current price of the digital coin online. BTC news sites usually have updated information about the worth of the currency.
c. How can I deposit at Bitcoin roulette casinos?
Go to the casino’s cashier page and select BTC as the payment option. Get the address of the casino BTC wallet and transfer money from your BTC account.
d. Do roulette casinos pay out with Bitcoins?
Yes. Roulette casinos that let you pay with bitcoins will allow withdrawal through the same means. Check with a specific roulette site regarding any regulations on cashing out using BTC.
e. Is Bitcoin safe?
Bitcoin is one of the safest payment methods you can use at roulette casinos. The lack of a bank or third-party service reduces the amount of risk you are exposed to, such as fraud. You also don’t have to fret about providing your financial information at casinos.
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