Top 13 Factors To Identify A Trustworthy Crypto Gambling Site
Do you want to learn how to know a reliable platform from a scam? Here are some indicators our experts keep in mind while evaluating bitcoin casinos and sports betting sites.
Legal terms are the first distinguishing factor, allowing you to identify a trustworthy online gambling/betting platform. The legitimate crypto casino should be registered and have a license. The most popular gaming authorities include Curacao, Malta, Costa Rica, UKGC commissions. If a platform is registered and licensed, it has to adhere to higher standards when it comes to gameplay. So, you can probably find provably fair games on such BTC gambling sites.
Flawless reputation is a rare thing in the crypto gambling industry. That is why, apart from customer reviews, you should also pay attention to how BTC gambling sites uphold their online reputation. Do they communicate with users, resolving disputes? Do they make an effort to improve customer service? Do they take steps towards the security and transparency of the gameplay? Answering these questions, you will understand whether you want to bet with bitcoins on a particular platform.
Unfortunately, most casinos have restrictions for particular regions. It’s due to the fact that countries have different regulations for the online gambling industry. Crypto gambling can neutralize certain limitations related to transactions. Yet, some bitcoin gambling sites don’t accept players from particular regions. Thus, before trying any platform, make sure it’s available in your country. Otherwise, you may have problems with withdrawals.
Variety of coins
About 5 years ago, when Bitcoin was the most popular coin out there, it was the only possible payment option in crypto casinos. Today, the best crypto gambling sites accept a variety of coins, including Ethereum, Litecoin, Dogecoin, Tether, Bitcoin Cash, and many others. Some crypto betting sites accept up to 90 coins, so you have plenty of options to choose from.
The egaming industry is springing up, more and more game providers emerge with up-to-date, engaging slots. That is why top crypto casinos offer up to 10,000 games from hundreds of game providers. A solid collection of bitcoin games is an excellent indicator of a customer-oriented crypto gambling site. On the most reputable platforms, you can enjoy live dealer games, video slots, poker, lottery, table games, dice, blackjack, etc.
If a casino cares about its reputation, it usually invests in a top-notch interface. The first thing that draws the user’s attention is visuals, graphics, interface features, resulting in a flawless gaming experience. UX/UI is the key factor that helps crypto gambling sites stay up-to-date and competitive.
Another competitive factor in cryptocurrency gambling is various perks. They catch the eye, making users engaged and loyal. Welcome package, reload bonuses, free spins, VIP benefits, referral bonuses, and giveaways are what the best bitcoin casinos and sports betting sites can boast. Crypto gambling platforms usually offer higher bonuses as they save money on transaction fees and other charges typical for fiat gaming.
Anonymity and security issues
Crypto payments make online casinos more anonymous as you don’t have to provide personal banking details to get a payout. But your anonymity and security don’t stop there. Some bitcoin casinos don’t even require any personal information, allowing absolutely anonymous gameplay. Plus, top crypto gambling sites ensure SSL 128-bit or even 256-bit encryption, resulting in enhanced security.
Tournaments with generous prize pools are another way to attract new players to casinos and a chance to earn great winnings for you. Some popular online gambling platforms organize tournaments on a regular basis. So, if you seek various perks, make sure your preferred option offers this opportunity.
Provably fair gameplay
The concept of provably fair games refers to the fact that some casinos allow verifying the fairness of gameplay due to the comprehensive verification system that shows that the final outcome is random and unaltered. If you are looking for a provably fair casino, look through its terms and conditions or pick one from our rating.
RTP and odds
Both RTP (Return to Player percentage) and odds determine your chance to get profit from games or crypto bets. Thus, check out the odds and RTP before betting with cryptocurrency or playing particular crypto games. The former usually depends on the platform and stated beforehand. The latter requires some research and analysis.
Speed of withdrawals
The best crypto betting sites and bitcoin casinos always feature instant withdrawals. That means you will get your money within a day or even an hour. If the platform you opt for cannot guarantee that you will get a payout within a day, you’d better look for an alternative.
The best bitcoin casinos typically require no or minimum fees for deposits and withdrawals. Anyway, it’s always necessary to find out if a particular platform implies any payout-related fees before you join the game.