5 Essential Tips for Playing at Crypto Casinos and Sports Books

Cryptocurrencies are increasingly finding their way into the online casino and betting space. You can now use dozens of different digital coins on hundreds of betting sites. It’s faster and easier, and you’re rarely subject to fees and other frustrating additions. If you have yet to make the switch to crypto gambling, now is a good time to start, and here are a few tips to help you on your way.

Always Check the Bonus Terms

One of the things that sets crypto casinos apart is that they have much bigger bonuses. They are trying to compete with established sites, after all. They need to do something to impress players; they want to give them a reason to join and play. That means throwing free bets, free spins, deposit bonuses, and other promotions at them.

But all bonuses come with terms, and if you don’t check and meet these terms, you could miss out. For instance, before you receive 120 free spins via casinos.com, check for terms such as:

·        The value of the spins

·        Whether the spins are limited to certain slots

·        The wagering requirements that apply to your free spin winnings

·        Whether you need to deposit using a specific method (or at all)

·        How much time you have to meet the wagering requirements

If you’re not sure about something, contact the customer support team and ask away. It’s always worth clarifying things in advance, as failing to follow a single term could mean you miss out. If that happens and the bonus only applies to your first deposit, you can’t simply deposit again and collect the offer.

Make Sure the Site is Regulated

Not all cryptocurrency casinos and betting sites are regulated. A lack of regulation doesn’t automatically mean the site is a scam. In fact, as some regulators don’t allow crypto, sites in those regions will skip this process altogether. But if you gamble at an unregulated site and something happens, you may lose out. You would have no recourse for action, and when there is so much money at stake, that’s never a good idea.

So, check for regulations, including authorities from places like Malta, Cyprus, and Curacao. Many gambling sites are based in these countries and work closely with the regulators, so it’s not unusual to see their names stamped across a website’s footer.

Check Reviews

The gambling community is rather tightly knit. There are even smaller communities relating to specific cryptocurrencies, including Tether casinos and Bitcoin casinos. The result is that scam sites are instantly pointed out, at which point everyone will know.

So, if you find a site that you’re curious about, perform a simple Google search before you sign up and deposit. Don’t take all reviews at face value, as some may be fake, and that applies to both good and bad reviews. You should also ignore the bad reviews that complain about losing money—they’re common, and many players still don’t understand the concept of a house edge. But if you see a flurry of reviews complaining about missing withdrawals, suspicious suspensions, and absent customer service teams, you should stay well clear.

Look for High RTP Games

All legitimate casino games have a built-in edge. In slot machines, it is known as the Return to Player (RTP). In table games, it is the house edge. The former shows you your edge, while the latter tells you the casino’s edge. Look for games with high RTP percentages or low house edges, as you have a much higher chance of getting a return from these.

If you stick with skill-based games like player-to-player poker and blackjack, you can bring that edge down even further by utilizing mathematical-based strategies like basic blackjack strategy.

Typically, roulette games will have a much higher house edge than blackjack and baccarat, while slot machines usually hover around the same values as roulette. These numbers can differ greatly, though, so it’s something you should also check.

Consider the volatility as well. Listed on all slot games, the volatility describes how likely a slot is to pay and how frequent those payouts will be. Low-volatility games are best reserved for sessions when you’re only taking a few spins, as they pay small amounts frequently. High-volatility games are the opposite and are good when you’re planning a long session.

Check Withdrawal Times

How quickly does the casino or betting site payout? These days, most sites pay instantly, especially if they accept cryptocurrencies. But that’s not true for all of them, and there are sites out there that will sit on your winnings for several days. These “pending” withdrawals are unnecessary and very frustrating, so try to stick with sites that will give you your winnings instantly.

Summary: The Future of Gaming

Cryptocurrencies are not just the future; they’re here right now, and they’re not going anywhere. So, keep the above tips in mind the next time you head for a cryptocurrency casino—it could revolutionize the way that you play.