Bitcoin Roulette SItes

The cryptocurrency revolution started with the mining of the first bitcoin in 2009. Unlike conventional fiat currencies that you can hold in your hand, bitcoin is a virtual currency. Users keep their bitcoin in digital wallets that they store in the cloud, on a personal computer, or even in a user’s mobile device. 

Bitcoin Roulette SItes

 

Bitcoin had very little monetary value when Satoshi Nakamodo mined the genesis block in 2009. However, it eventually caught on and hit its peak in late 2017 when it topped out at nearly $20,000 per bitcoin. While it’s known for being volatile, bitcoin has stabilized and sits at $8,280 USD as of October 2019. Online gambling is one of the most common uses of this cryptocurrency. Bitcoin gamblers appreciate the ease, anonymity, and the high level of security that bitcoin offers. Many of these gamblers love playing roulette at online bitcoin casinos.

  • Peer-to-peer bitcoin transactions don’t involve third-party processors.
  • Transactions are nearly instant and completely anonymous.
  • Bitcoin is used all over the world.
  • Bitcoin transactions are safe and secure.

Bitcoin had very little monetary value when Satoshi Nakamodo mined the genesis block in 2009. However, it eventually caught on and hit its peak in late 2017 when it topped out at nearly $20,000 per bitcoin. While it’s known for being volatile, bitcoin has stabilized and sits at $8,280 USD as of October 2019. Online gambling is one of the most common uses of this cryptocurrency. Bitcoin gamblers appreciate the ease, anonymity, and the high level of security that bitcoin offers. Many of these gamblers love playing roulette at online bitcoin casinos. 

What is Roulette?

Invented in France during the early 1700s, roulette is one of the most popular casino games at both land-based and online bitcoin casinos. A roulette table features a wheel with numbered slots on one end and a betting surface called a layout on the other. After players place their bets, a croupier spins the roulette wheel in one direction and then propels a small white ball around the wheel in the opposite direction. When the ball loses momentum, it drops onto the surface of the wheel and ends up in one of the numbered slots. The croupier determines the winners and losers based on which slot the ball lands in.

An American roulette wheel has 38 numbered slots. Of the slots numbered 1 through 36, eighteen are black and 18 are red. The other two slots are green and numbered 0 and 00. The main area of the betting surface is a grid that contains numbers 1 through 36 laid out in three columns of twelve numbers. The 0 and 00 boxes are above the main grid. This is where players can make “inside bets”. Players may bet on single numbers or certain sequences of numbers. 

Another series of betting areas surround the numbered grid. This is where players place “outside bets”. Payouts for winning outside bets are significantly lower than payouts for winning inside bets. All outside bets automatically lose if 0 or 00 shows up. 

Outside bet types include:

  • Low: Player bets on the result of the spin being between 1 and 18.
  • High: Player bets on the result of the spin being between 19 and 36.
  • Red: Ball will land in a red slot.
  • Black: Ball will land in a black slot.
  • Odd: Ball will land in an odd-numbered slot.
  • Even: Ball will land in an even-numbered slot.
  • Column bet: Winning number will be in a particular column.

Players don’t use normal casino chips when they play roulette. Instead, the house issues players chips with distinctive colors. This helps the dealer link each player with the color of their designated chip. No two players can use the same colored chips.

Types of Roulette

There are several variants of roulette. While they are very similar, each version has its own slight difference. Land-based casinos usually offer French roulette, American roulette, and European roulette. 

  • French Roulette: This is the original roulette game that goes back to the 17th century. Originally it had numbers from 1 to 36, but the 0 was added a few years later. French roulette has two sets of rules. “En Prison” allows a player making an even-money bet on red/black to take back half their bet or leave their bet on for another spin when the ball lands on zero. “La Partage” allows players to get half their money back on even-money bets when the ball lands on zero.
  • American Roulette: The American roulette wheel has a 00 pocket in addition to a 0 pocket. This small tweak doesn’t just increase the range of numbers used to 38; It also increases the house’s edge. 
  • European Roulette: The numbers on the European roulette wheel range from 0 to 36. This means you have a slightly better chance of winning. This version features a wide table layout. 

Online casinos generally offer many more roulette variants than you will find at land-based casinos. Among the most popular are:

  • Mini Roulette: This version is almost the same as traditional variants, except the numbers range between 0 and 12. Players also have fewer betting options. Because of this, mini roulette is ideal for beginners.
  • Double Ball Roulette: Double Ball Roulette adheres to the rules of European Roulette. The major difference, as the name implies, is that Double Ball Roulette uses two balls every spin. While the same rules apply for inside bets, both balls must land in winning pockets for outside bets to prevail. There are also a few additional bet types a player can make.
  • Multi Wheel Roulette: Multi Wheel Roulette follows the basic European roulette rules. The difference is that Multi Wheel Roulette uses eight separate wheels but only one layout. You may choose which wheels are active for any spin.

Bitcoin Roultte Casinos Online

There are well over a dozen other popular variants offered at online roulette sites. These titles include:

  • Monopoly Roulette
  • Slingshot Auto Roulette
  • Lightning Roulette
  • Premium European Roulette
  • Pinball Roulette

How to Play Roulette Using Bitcoin

A growing number of online casinos accept bitcoin, which makes it easier for online bitcoin roulette players to immerse themselves in their favorite games. You can get started by following these simple steps:

  1. Register at the bitcoin roulette site where you want to play.
  2. After opening a new account, go to the banking area and click on “Deposit”.
  3. Select “Bitcoin” when prompted to choose a payment method.
  4. Follow the instructions and confirm your transaction.
  5. The funds should be available to your betting account when the transaction is complete.
  6. Find the roulette game you want to play and get in on the thrilling action.

 Using Bitcoin at Online Casinos

Tips for Choosing Where to Play Bitcoin Roulette Games

If you want to play online roulette with bitcoins, there are some things you need to check out first. You have to look at some factors such as:

  • Licensing and certification
  • Site security
  • Software providers

Operators normally display this information at the bottom of the main page. You should find a different site if you cannot find this basic information. Why take a chance when there are so many reputable sites out there? A quick Google search can also help you assess a site’s reputation.

Of course, you want to make sure the site offers the games you want to play. You should first gain some experience and become familiar with the game by playing the free versions. This enables you to learn the ropes and develop the necessary skills and strategies without the risk of losing money.

Advantages of Using Bitcoin to Play Roulette Games

  • Bitcoin deposits and withdrawals are often free because they do not involve any third parties.
  • Bitcoin transactions are safe, secure, and nearly instant.
  • Bitcoin transactions are anonymous. You never have to divulge any personal information.
  • Games at licensed and reputable bitcoin online casinos are provably fair.
  • Many online casinos offer special bonuses for bitcoin deposits.

Disadvantages of Using Bitcoin to Play Roulette Game

  • Bitcoin is volatile.
  • Bitcoin transactions can take a few minutes to process and go through.
  • Not all online casinos accept bitcoin.