Bitcoin is a form of digital currency that was created in 2009. Bitcoins aren't printed, like dollars or euros. You can pay many services and goods with bitcoins. It has several advantages like there are no third parties involved in the transactions, which means no banks, international payments are easy because bitcoins are not tied to any country or subject to regulations. This cryptocurrency is held electronically in digital wallets which can be in the cloud or on the user’s computer, this wallet is kind of a virtual bank.
Another important advantage of the bitcoin is that transactions are completely anonymous. The importance of bitcoin has increased constantly since its value skyrocketed back in 2017, the cryptocurrency became the main target to investors trying to make profit out of it. Bitcoin gambling is considered to be one of the most secure ways of playing online. Roulette is a game of chance, which basically means that no matter how much you try, you cannot control all the odds.
One of the most popular online casino games is roulette; due to its simplicity and the fact that is also a top played bitcoin casino game. Roulette is played on a long table with spinning wheel on one end while the main layout is covered with columned boxes containing numbers one through thirty six. Surrounding these boxed numbers are black and red rectangles or ovals. The numbers one through three are closest to the dealer and just above it on green background, you will see the numbers 0 and 00. These all represent inside bets. Outside these boxes are additional boxes with numbers one through eighteen. These are used for outside bets and are laid out on the part of the table across the dealer. The wheel is spun by the dealer and a small white ball is released in the opposite direction on top of the spinning wheel. With the speed of the ball decreasing it, it will settle into one of the numbered slots marked between one through eighteen. Normal casino chips are not used in roulette. Instead, each player will receive chips with a distinctive colour. This will help the dealer to link each player with the colour of their chip. Two players are not allowed to use the same coloured chips.
Types of Roulette
There are several roulette variations each with its own slight difference. The most popular ones are:
- French Roulette: This is the original roulette game that goes back to the 17th century. Originally it had numbers from 1 to 36, but later in history the 0 was added, so the numbers are ranged from 0 to 36. It has two rules “En Prison” which 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 and “La Partage” that 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, so that increases the range of numbers used to 38, that includes 0, 00 and numbers 1 to 36. which has the effect of increasing the house’s advantage as there are simply more spots on the wheel from which the player must choose. The numbers are facing the outside of the spinning device.
- European Roulette: The numbers on the European roulette wheel range from 0 to 36 , which means you have a slightly higher chance to win. This is played on a wide table layout and the numbers on the wheel are divided in black and red.
- Multiplayer Roulette: You can choose your favorite type of roulette and play it with real people in real time betting as well, get to observe their strategies and even cheer on each other’s wins.
- Multiple roulette tables at once: You can open multiple windows to play a RNG (Random Number Generator) roulette game and a Live Dealer roulette simultaneously, or pick a multi-wheel game to spin multiple wheels at the same time.
How to pay for roulettes with bitcoin
- Step 1: Visit the online casino website where you want to play
- Step 2: Go to “My Account”
- Step 3: Click “Add Currency”
- Step 4: You will be given a drop down menu for EUR or USD. Choose one or both and they will be added to your Account.
- Step 5: Click “Deposit” – For EUR and USD you will be prompted to fill out your profile. You would not need to do this again.
- Step 6: You can now choose your method of payment. Fill in the payment details. Fill in the desired amount. Click “Make Deposit”.
- Step 7: Since you are paying with bitcoin, click “Pay with Cubits”
- Step 8: You will be redirected to the “Cubits” page. Send the exact amount in bitcoin displayed on that page to the bitcoin address shown. You have only ten minutes to complete the transaction. If you do not make the transaction time, click “Return to shop” button and go from step 4 in order to restart the process.
- Step 9: Once sent, you will be redirected back to the online casino profile page with the amount you deposited already credited. You will soon receive an email of the deposit.
- Step 10: Go to Home page and choose the game you want to play.
Tips to Choosing Where to Play Bitcoin Roulettes Games
If you’re looking to bet with bitcoins, there are some things you need to check out first. You have to look at some factors such as the security arrangements and the software providers and how the gaming experience will be as you do not hope to spend your money on games you will not enjoy; hence, regretting it. It is advised to first gain some experience and become familiar with the game by playing on a free bitcoin roulette and get to practice and develop skills or strategies before you start betting.
Legal pages: To be sure it is not a scam casino; check for legal pages either at the bottom of the site or a different page on the site. This shows that they are legitimate. Check for office addresses and phone numbers too.
Online reputation and customer review and feedback: See what other bitcoin roulette gamers have to say about the site. Here, you can have an either how each casino treats their players before putting in your money.
Merits of Bitcoin Roulette Games
- Playing bitcoin roulette enables you make payments with zero taxes and costless transactions, since there are no third parties involved, there are no additional changes
- It is one of the most secure methods of payments as it is irreversible, and hence, there is no such thing as chargebacks or any other fraudulent activities that can take place if you are using a credit card.
- You can also play free bitcoin roulette when you first sign up in some online casinos, giving you the chance to even start winning before you made a single payment.
- Anonymity: You do not need to enter any personal details or bio data before paying with bitcoins.
- Completely legal: Unlike other gambling methods, playing roulettes with bitcoins is completely legally approved.
- You avoid banks: You do not need to go to banks to make any payments or any other thing concerning your gambling transactions.
- Bitcoin transactions are not as fast as normal currency transactions: It takes minutes to process bitcoin transactions.
- Bitcoin value is not as stable as fiat currency as it fluctuates at any time, hence, gamblers need to follow the price changes in order to gain maximum profit. Unfortunately, the time you withdraw, the value may be very low and you run at a loss without even expecting it.