Bitgamble - Bitcoin Gambling & Crypto Casino Reviews
The integration of blockchain technology & cryptocurrencies with the online gambling industry has been a huge step forward with many benefits to its players
Bitcoin Gambling
The online gambling industry has fully embraced cryptocurrencies since it appears to be a perfect mechanism that offers many solutions that fiat currencies fail to achieve. One of the many advantages that bitcoin gambling has over the traditional casinos is divisibility. The smallest unit in Bitcoin is one satoshi which is roughly one one-hundred-millionth of a bitcoin, this enables micro-transactions that traditional payment methods cannot achieve, It is especially useful for players since it can limit their spending, and simply enjoy the casino games, win or lose.
Another major advantage would be the ease of use, deposits and withdrawals are fast and convenient for the players. Unfortunately with online casinos delays in withdrawals are a very common things, your funds may take weeks to arrive, and it never actually reaches you directly since withdrawals are usually processed by third party payment gateways. With Bitcoin casinos, withdrawals can be processed within 24 hours, and go straight to your wallet, there are no intermediaries between you and your funds, as the popular bitcoin slogan says; "You are your own Bank".
Furthermore, your privacy in most crypto casinos is protected, you do not have to undergo tiresome and lengthy KYC processes, or any other intrusive personal data submission, unless in rare cases where there is an instance of fraud that needs further investigation.
Blockchain Technology & Provably Fair Games
Blockchain Technology is the backbone of all cryptocurrencies, it is a distributed ledger that keeps track of each transaction made in an encrypted and immutable form. Any Bitcoin Casino can take advantage of blockchain technology and build a decentralized platform that allows it to record all of its bets/transactions in the blockchain which greatly eliminates any trust issues with their customers, since the following creates a fully transparent and trust-less environment for both parties. Crypto casinos can also host games that are 100% provably fair which allows players to manually very each roll instead of relying on the casinos algorithm or third party gaming providers. The order of power simply shifts from crypto casino to their players, which leaves zero possibility for fraud or cheat by the casino.
Bitcoin Casino Reviews
While gambling can be a thrilling experience and winning big is not something far-fetched, the experience of gambling online can quickly turn into a nightmare, since there exists lots of bad actors in the crypto cyberspace; it is very common to cross paths with scammers, fraudsters and cheaters, The Crypto ecosystem has always been compared to the wild west, due to the lack of regulatory bodies and pseudo-anonymity of transacting with bitcoin. This is where we step in. BitGamble is a bitcoin gambling & crypto casino review platform. You will find the latest bitcoin casino reviews. We are a group of analysts, crypto and betting enthusiasts that monitor cryptocurrency betting platforms, and offer our experience and unbiased opinions in aims of directing players and protect their gambling experience from bad actors
The Bitcoin Gambling industry is huge, there is no such thing as the best bitcoin casino since there are many professional crypto casinos that are up to very high standards, here are a few areas that we analyze when reviewing a potential casino.
- Casinos History: How long have the been in business?
- License: A casino with a license is always more trustworthy
- Bonuses: What kind of bonuses do they offer ( always read their TOS since some Bonuses have unreasonable wagering requirements)
- Casinos Online Reputation; Are users being paid? what about complaints by some users?
- Security: Does it use HTTPS? is 2FA included?
- Provably Fair Games: Most gaming providers use a fair computational algorithm that is designed to create a random sequence of rolls, however we always tend to prefer 100% provably fair games since transparency is almost guaranteed.
- Variety of Games: The variety of games, that are offered, since it is important to check prior making any deposit
As I can see there are a lot of advantages if you will play with crypto. What sites and interesting games do you play? Can you share something really cool for me?
Good review. I have been playing casino games for a long time. It is something like my hobby which sometimes can bring profit. My favorite games are online video slots, modern applicaitons are so cool:) Recently I found tower.bet bitcoin casino and decided to try. I can say that their games are really great and interesting!