The online gambling industry is constantly innovating. Today, players are moving away from fiat currency betting in favor of cryptocurrencies, especially Bitcoin gambling. This form of gambling is cheaper, faster, and safer than traditional gambling.
But honestly, the Bitcoin game is so complex that you have to put it all together or lose it all. Players need to find the best live online casinos to play, study BTC trading patterns, and much more. This article explains more.
Study the BTC value carefully
Before you even consider finding a live casino that supports BTC games, learn the risks first. As noted above, Bitcoin play can be so unpredictable due to the volatile nature of the digital coin.
For example, this year alone BTC traded between $ 65,000 and $ 30,000. Currently, the market value of BTC is in the red, trading at around $ 33,000. In short, prepare for the worst-case scenario when BTC prices drop. Remember that the higher the BTC value, the juicier your gambling profits will be. So, take the time to study the trading market before playing with Bitcoin.
Only play on trusted websites
Whether you are playing in a traditional Bitcoin casino BetFury, an online casino or a sportsbook, transparency, and fairness are essential. Now, in the case of BTC gambling, make sure that the live casino you choose is legitimate and secure. Take the essential steps to make sure you don’t fall prey to scammers who are almost everywhere online.
But how do you know that a live casino is safe and secure? First, check if the casino has a valid license from a legal entity such as UK Gambling Commission and MGA. Next, check if the games available are from companies like Evolution, Ezugi, Microgaming, Pragmatic Play, etc. And yes, read the online reviews of former and current players before choosing a live casino.
Choose skill games
After you find a Bitcoin live casino, deposit the minimum amount and select a game. While easier options like Roulette, Baccarat, Dragon Tiger, and Lucky 7 are attractive, you will only lose in the long run. This is because these games are purely based on luck. In other words, you cannot influence the outcome in any way. Worse yet, RTP is not user-friendly.
With that in mind, play games of skill like blackjack and video poker. Although the house advantage remains widespread, these games allow players to reduce the “bad” house advantage with the help of strategies. For example, professional blackjack players enjoy less than 0.5% house advantage, thanks to card counting. Plus, it won’t take you a whole day to learn game strategy.
Always claim Bitcoin casino bonuses
Most online casinos offer generous bonuses and rewards for new players as well as loyal players. Many times these casinos will match your deposit up to a specific percentage. If you are lucky, the casino may introduce cashback promotions, where a certain amount of your lost stake is refunded. Long story short, play casino bonuses whenever you can.
Unfortunately, there are no free meals in this industry. In addition to requiring players to open an account and deposit a minimum amount, live casinos are muddling the waters with wagering requirements. These are usually the terms and conditions that a player must meet before withdrawing the bonus money. Either way, claim the bonus and play by the rules.
Conclusion
With the above Bitcoin gambling strategies, you can limit the number of losses generated by BTC gambling. Just learn basic gambling strategy, choose the right casino, and know when to quit. In fact, you will discover many other systems like managing funds and emotions with experience. Play Safe!
