The main advantages of cryptocasinos – European Gaming Industry News
Interest in gambling snowballs every year. Today, this allows you to get a huge thrill and earn good money from your favorite hobby. Many crypto enthusiasts today are working hard, so they are looking for a place where they can relax as much as possible and forget about existing problems; often cryptocasinos help them with this. They have a large selection of gambling activities, massive bonus programs and a large selection of payment methods.
Popular cryptocasinos
Today, interest in cryptocurrencies is skyrocketing, so many casinos are beginning to accept crypto-assets and fiat currencies. However, you can find a significant number of casinos that specialize exclusively in cryptocurrency. However, not all of them offer high-quality services. We analyzed the market and identified several online clubs that deserve your attention:
- effort;
- CloudBet;
- Bit Starz;
- 7bitCasino.
Choosing the right crypto casino is quite a difficult task, as a wide range of different factors must be taken into account. You need to carefully study the terms of cooperation to ensure that it works honestly and offers profitable bonus programs.
What should you look for when choosing a crypto casino?
Choosing a crypto casino is a challenging process. Many people today rely solely on recommendations from friends or acquaintances, but often this strategy is usually unsuccessful.
When choosing, we recommend that you study the terms of cooperation carefully and pay particular attention to such points:
- Availability of a license;
- User reviews;
- Bonus programs;
- Payment systems;
- Various gambling activities.
Each of these criteria is of great importance, so it makes sense to consider them in more detail.
Availability of a license
There are many scammers in the casino market. To avoid falling into their clutches, you must cooperate exclusively with licensed online platforms. It is the only way to ensure that you are dealing with a legitimate casino that will pay out your winnings.
The choice of jurisdiction is practically irrelevant, but most users prefer clubs licensed in Curacao, Great Britain or Malta.
Typically, casinos publish licensing information at the bottom of their website. We recommend that you additionally check the registration on the website of the jurisdiction, as some casinos indicate the presence of a license. However, they have not received a work permit.
User reviews
Many users carefully study professional reviews, forgetting that many of them are fake or dishonest. We recommend you read user reviews on different aggregators. Here you can learn a lot more about how the platform works, what problems it faces and how it solves them.
Bonus programs
Many casinos strive to attract the attention of users and develop many bonus programs. Among the most popular are:
- Welcome bonus;
- Weekly bonus;
- VIP programs;
- Money back;
- Promotional codes.
A welcome bonus is given to all new players. In some cases this is credited automatically, while in some cases you have to perform some actions (subscribe to the newsletter, deposit a certain amount, invite friends and much more). Usually the welcome bonus is 100% of the deposit amount and a few free spins.
The weekly bonus encourages players to bet on unpopular days such as Thursday or Wednesday. Usually this amount is from 25 to 100% of the deposit and a few free spins.
Today there are 2 types of VIP programs. Some casinos offer VIP programs to all users. The more they bet, the more bonuses you can earn. At the same time, some casinos offer access to VIP programs only to players who are used to making large bets. To become a member of such a program, you must get a referral link or contact support.
Participation in the VIP programs allows customers to receive additional bonuses and special privileges, such as a personal manager, higher limits or priority when withdrawing winnings.
If you lose often, you would like to receive cashback. Usually this is only 2 – 5% of the number of lost bets. You will not be able to withdraw this money, but you can make more bets for free.
You can get promo codes on different websites and use them for more bonuses.
Payment systems
Many people today seek to use cryptocurrencies for gambling. It has a significant number of advantages:
- Allows you to bypass government regulation;
- Reduces commissions;
- Reduces transaction time;
- It allows you to increase the security level.
As already mentioned, many casinos combine both fiat currencies and crypto at the same time. It gives customers more options to choose from. Many people think that crypto casinos are limited to only Bitcoin and Ethereum, but you can easily find platforms that accept up to 140 cryptocurrencies.
Separately, it is necessary to take into account the limits. Most fiat casinos provide meager limits, so you cannot withdraw more than 20 thousand US dollars monthly. However, most cryptocasinos will enable you to withdraw up to 10 bitcoins, which is many times more.
It is also necessary to take into account the size of the commission for transactions. Some blockchains charge as little as a few dollars for their services, regardless of the transaction size, while others charge about 0.5% of the transaction size.
Various gambling activities
Many casinos seek to expand the list of gambling activities as much as possible. However, not all games allow you to play with cryptocurrency. Of course, many game providers today are developing crypto-enabled gambling activities, but the number is now small to satisfy the needs of most players.
Some platforms combine both an online casino and a bookmaker. In this case, you need to make sure that you can use cryptocurrencies for sports betting and gambling.
