How do you know that you’re safe when betting online? How do you keep your money safe with the many transactions that you’ve to make? Players need to keep in mind a few simple factors while choosing the safest places to bet online.
What Type of Casino Site Are You Betting On?
One of the considerations would be to choose your gambling form. Ask yourself whether you only want casino games, sports betting, and poker. Or, if you want a mix of everything. Once you’re through with that, the next thing to rule out is the type of bitcoin casino you are interested in.
They are essentially of two types- Hybrid and Bitcoin-only online casinos.
Hybrid
The hybrid bitcoin casinos are the ones that accept bitcoin alongside other payment methods. Many players trust them better because they tend to belong runners in the casino industry. And they provide polished casino offers and services. Transact directly with the casino or deposit cryptocurrency through other online providers.
These also have extensive game suits from industry-leading software providers. This includes developers like NetEnt or Microgaming. If your bitcoin account fails to respond at any point, you can switch to the other methods of deposits and withdrawals.
However, it has downsides as well. In hybrid sites, players must register an account with personal data, and they rarely offer provably fair games. Plus, on this route, you might also encounter tax issues.
Bitcoin-only
The second group of service providers is strictly crypto-based. Players can only transact using cryptocurrency and its types with BTC as the primary payment mode. You will not find payment gateways like PayPal, Visa, or Skrill in this type of online casino.
It means that if you’re into bitcoins, you get to remain anonymous. Instead of blindly trusting external regulators, check individual games using provably fair technology.
Nonetheless, suppose top-quality service is your concern. It is best to know that most bitcoin-only online gambling sites.
These have only been around for so long and are not as experienced as their hybrid alternatives.
Game & website Quality
The overall gambling experience online is highly influenced by the quality of the site you choose. It’s here where sites like Joo casino is safe.
By quality, we mean up-to-date finesse in terms of excellent graphics. And there should be no issues with loading time. Avoid the crypto casinos that lag on this point because what comes second to winning is your gameplay time.
Fortunately, several sportsbooks, poker rooms, and digital gaming sites are working with Bitcoin. This guarantees solid quality to their players.
Also read: WHY ARE THERE SO MANY DIFFERENT CASINO GAME VARIANTS
Licensing & Reputation
As a general procedure, specifically a casino-online site, check for authentic licensing. This is a must because the casino industry is filled with several fraudulent companies wanting to scam you.
Stick to a casino backed by a genuine gambling commission’s license. It needs to have a solid reputation among other Aussie punters. Don’t find one with the best of the best like Malta or UK commission? You can even settle for Kahnawake or Curacao’s reputed licensing boards.
However, in no way should you opt for an unlicensed casino. The upside of casinos that only deal in cryptocurrency is their provably fair game titles. And an open-source for players to gamble.
Different Types of Casino Bonuses
Two of the most lucrative bonuses in any online casino are Free Spins and the Deposit Bonus. Free spins are exceptionally lucrative for players as slot games are the most popular games in a casino, and each of them carries a large reward. You hold a chance of winning the jackpot with free spins, which means you can win millions of dollars without putting a bet.
Some Bitcoin casinos are generous with their spin bonus. You can find casinos that give as many as 100, 200, and more. One drawback with these spins is that it does not come independently. It comes as a part of other bonus offers.
A Deposit Bonus is lucrative in the sense that your payroll gets stronger every time you fund. Some casinos have tiered bonus schemes that allow you to receive freebies with every funding. An example of a tieredbonus scheme is as follows:
First Bonus: 100% up to $500 + 100
Second Bonus: 50% up to $1000 + 200
Suppose your first fund in the site is $100. Your bonus amount would be 100/100 x $100 = $100 + 100 free spins. Your total payroll will stand at $100 (your first funding in amount) +$100 ( First Bonus amount) + 100 = $200 + 100 free spins.
The same formula is to be used with the second funded amount.
Suppose your second deposit is equal to your first deposit. Your deposit amount is $100. Your bonus amount is 50/100 x $100 = $50. Your payroll after the second deposit will be $100 (your deposit) + $50 (Second Deposit Bonus amount)
A Welcome Bonus is one of the best bonuses offered by these gambling sites. This bonus offers huge encouragement to a player to sign up at a particularsite. The Welcome Bonus is given to you upon registering. It is like a deposit bonus and can be in the form of real money or free spins, or both. Usually, it is in this format: real money + free spins.
The Loyalty Program involves earning comp points through a deposit. Each deposit will award you points, and you can use them to be a part of VIP Clubs. The more points you accumulate, the higher you go up the VIP Club ladder. Each club has bonuses.
These bonuses increase your funds, and that affects your site experience.