How to Earn Cryptocurrency Playing in Bitcoin Casinos

Posted: 26th January 2021 08:42

The popularity of cryptocurrency use has exploded in the past decade with the platform introducing a new medium of exchange. Although digital money has faced its fair share of challenges over time, it remains a fast and worldwide alternative to conventional options, even in online casinos. Numerous gambling destinations adopt the use of cryptocurrency, with bitcoin as the leading option.

This crypto was introduced by Satoshi Nakamoto in 2009 and has since been included in hundreds of gambling destinations as a deposit and withdrawal method. Playing using BTC makes it possible to collect withdrawable winning, just like when using actual cash. Here are various practices that can be applied to earn these winnings:

Choose a Reputable Casino

Online gambling has exploded to accommodate casinos in the thousands. The virtual nature of the internet makes it hard to tell a reliable gaming site, even with BTC casinos. Rogue sites use this to their advantage and dupe gamers out of their funds or apply unreasonable terms that make it difficult to earn when playing.

Take your time singling out a reputable gambling den that comes with the assurance that the games are fair and any winnings the grant are accessible for withdrawal once reasonable terms and conditions are met. Some characteristics of ideal gambling dens include;
Claim Bonuses and Promotions

Bitcoin gambling sites abide by the popular trend of awarding bonuses to registered members. Take up these incentives and use them to play games for real money using casino funds. Before laying claim to the offers, assess the awarded amount and attached terms to see if they are lenient enough to make them worth claiming.

Pay attention to the playthrough terms, which determine the amount that has to be spent on clearing the bonus and its winnings for withdrawal. The shelf life should also offer enough time to meet the conditions before the bonus is declared null and void. The boons that can be claimed in bitcoin casinos include;
Play Table Games Over Slots

Online Slots may be the most popular of all the sets offered in online casinos, including BTC dens, but they do not provide the best chances of winning. Pokies use a playing strategy that is static and locks out any possibility of influencing the winning odds. This makes them entirely luck-dependent to award payouts.

Although table games are also dependent on luck, they feature different winning and payout odds from which players can choose. In roulette, for instance, players can choose between an array of inside and outside bets. Inside bets have high payout odds but have a low chance of being landed.

Outside bets feature low payout odds but have a high probability of being landed since they cover most of the wheel. In blackjack, players can choose to play each hand several ways depending on how close they are to achieving the winning value of 21.

Select High RTP and Low House Edge Games

Since casino games run on luck, it is impossible to tell the results of any round. Even so, some metrics have been devised to describe the odds of winning. Table games feature a house edge which tells the advantage the casino has over players. The lower the house edge, the better the chance of earning payouts. The best house edge is found in games like;
Stick to a Budget

Although having a financial plan does not directly result in gaining winnings, it avoids the trouble of counting unnecessary losses. Most games in casinos are fast-paced, which makes it easy to lose a lot of money quickly in bets. Even when playing using low stakes, the used amounts quickly add up to significant quantities if left unchecked.

Always approach real money games with a set bitcoin amount in mind to use for wagers. The budget should be well within what you are willing to lose without affecting other areas of your life. Once this amount is used up, wrap up gameplay and regroup for another session once you have accumulated enough funds.

Aim for Jackpot Wins

Progressive jackpots offer the biggest payouts of any games in bitcoin casinos. These bonus features are mostly found in slot machines, and they grow until a lucky winner collects them. Some of the games with these payouts offer life-changing amounts, which translate to thousands of BTC.

Quit While You’re Winning

The outcome of casino games is unpredictable, which makes it ideal to quit while you have the upper hand over the house. Once you collect a payout significant enough to pay back your losses with some profit on top, wrap up gameplay and call it a day. Alternatively, withdraw any wins above what you started gambling with and continue playing with your original bankroll.

For instance, if you end up with 4BTC after a gambling session that began with 1BTC, take out 3BTC. This amount returns the starting bankroll and a 2BTC profit. Even if the remaining 1BTC left behind is lost, you will still be counting profits.

Join a Loyalty Program

Numerous bitcoin casinos have a loyalty program in place to reward clients according to how much business they bring in. In most cases, they are arranged in tiers, and players climb the ladder by collecting points. The points are awarded the more real money is spent. These points can then be redeemed for bonuses or real cash.

Parting Shot

Earning bitcoin in casinos depends on luck, but the chances of doing so increase when these practices are applied. Explore the different options and settle on one that suits your needs.