While cryptocurrency has yet to reach widespread use, casinos have recognised its potential. If you’re confused about how to play Bitcoin slots, you can read our detailed guide.
We will look at the upsides of using cryptocurrency in general, and the advantages and disadvantages of using Bitcoin to play slots. We will also explain how to choose a casino and a Bitcoin slot game, and you’ll also learn how to register at these venues.
The Advantages of Using Cryptocurrency
Since its appearance in 2009, Bitcoin has steadily become more and more accepted as a valid currency. Many companies are now allowing it to be used for purchasing their products and services, including online casinos.
There are various reasons someone would choose to pay in Bitcoin. Some of them include:
- Increased privacy
- Quick transaction processing
- No banking fees
- Lower foreign payment fees
The Upsides of Playing Bitcoin Slots
Apart from the general advantages of using Bitcoin, choosing this cryptocurrency to pay for slots comes with a series of additional perks:
- The maximum withdrawal is usually higher
- The minimum deposit is typically lower
- You have the option of playing in demo mode for free
- Some casinos offer additional bonuses
How to Choose an Adequate Online Casino
When you’re preparing to select a casino, never skip doing research. There is an abundance of Bitcoin slots online, so you need to be prepared to look for specific information when making your choice.
After reading some reviews and making a list of viable choices, the first thing to look out for is whether the website is secure enough. Pay attention to the casino’s encryption methods, and whether it has a valid license.
Once you’ve ensured that a casino’s security is up to par with industry standards, you can check out its offers to see if they’re in line with your preferences. Here are the things to look out for:
- Do they accept Bitcoin?
- Do they offer the kinds of slots you seek?
- Is there a Bitcoin slot bonus?
Once you know where you want to play, it’s time to make an account.
How to Sign Up for an Online Bitcoin Casino and Start Playing
Before you can play Bitcoin slots, naturally, you need to register. This is assuming that you already have a Bitcoin wallet. If not, you need to create one. The registration process is slightly different when your currency of choice is Bitcoin. Let’s go through the steps for signing up for an online Bitcoin casino.
Step 1: Fill In the Required Information
As with any other account, you’ll need to input some info. On the plus side, crypto casinos require fewer details than a regular venue. Although casino websites will ask you for your email, you won’t need to give any personal information, such as your home address.
Step 2: Leave a Deposit
As you’re probably aware, you’ll need to make a deposit before you start playing slots. You’ll need to select Bitcoin under the deposit method to receive the casino’s wallet address. Use that address to pay the deposit. The transaction usually takes a few minutes.
Step 3: Pick a Bitcoin Slot
Once you’ve completed the first two steps, you’re all set to start playing some games. There may be some free Bitcoin slots on the casino website, so it’s always wise to try them out before spending your crypto coins.
Slots Types in Online Casinos
While slots are pretty simple, their variations might get novices confused. To be able to play some of the popular Bitcoin slots, such as Satoshi’s Secret, Platinum Lightning, and Book of Pyramids, you should learn about the most common kinds of slots in existence. Let’s take a look.
The simplest version of the slot game is the three-reel, or classic slot. It’s also colloquially known as the one-armed bandit. No matter what you call it, this slot is perfect for beginners, as its rules are quite basic.
As its name suggests, three-reel slots have three reels, each of which will land on one symbol. All you need to do to win a jackpot is to get three matching symbols. These kinds of slots typically have large payouts, and feature wild symbols and multipliers to boost winnings.
The video slot, also known as the five-reel slot, is one of the most common game types, and you’ll find it among online Bitcoin slots, too. Unlike the classic version of the game, this type features five reels. The video slot is characterised by alluring graphics and sound effects. It also has more paylines than the classic version, which increases the players’ chances of winning.
Interactive slots, or I-slots are ideal for those who like to play video games. Apart from the standard reels, these slots feature a thrilling storyline and a mini-game. I-slot takes the player on a journey where they are the main character in a story.
This type of slot gives the player more control over the outcome. The way the game progresses depends on the player’s choices. When they make the right choice, they are rewarded, usually in instant cash. Therefore, playing interactive slots takes some skill and strategising.
Progressive Jackpot Slots
A progressive jackpot slot may consist of three or five reels. They differ from the other slots in that you need to bet the maximum amount to be eligible for playing. The jackpot is comprised of all the wagers made by all players at a given time.
Virtual Reality (VR) Slots
The number of virtual reality games is steadily increasing, and the world of online gambling isn’t too far behind. You may play VR slots online, provided you have a VR headset. This slot type allows you to get completely immersed in the game world and experience it fully.
How Online Slots Operate
Each Bitcoin slot machine works based on an algorithm referred to as a random number generator (RNG) to ensure fair gaming. This means each spin is arbitrary, and can’t be predicted.
Another term to know when it comes to slot machines is the return-to-player (RTP) rate. This value indicates how much of your stake you’re likely to win back over time. You should also pay attention to the house edge. The higher the house edge, the lower the probability of you making bank.
Bitcoin Slot Strategies
There are many slot-playing strategies that can help you score the desired big win combination. Bitcoin slots aren’t that different from regular slots. The main difference lies in the registration process and some extra bonuses you might get if you’re paying in Bitcoin.
Most slot games aren’t won by strategy. How successful you are at playing slots depends primarily on luck. Nevertheless, here is some general advice for playing slots:
- Never bet more than you can afford.
- Join the VIP club for more generous bonuses.
- Pick slots with a high RTP rate.
- Learn how much each symbol is worth on the crypto slot machine paytable.
- Slots with a lower progressive jackpot usually have more regular payouts, but they pay less than those with a higher progressive jackpot. Therefore, if you don’t want to risk too much, the former option might be a better choice.
On a Final Note
As is apparent from the article, playing Bitcoin slots is relatively straightforward, and doesn’t differ much from playing regular slots. Still, although gambling can be exhilarating and amusing, make sure to play responsibly.