You have surely heard of Bitcoins by now. The Bitcoin is an alternative, non-traditional, online currency, categorized as a decentralized digital currency. The fact that it is decentralized means that there isn’t a central body that regulates it. Bitcoin became a very popular alternative payment methods and a lot of services and goods can be purchased with Bitcoins. One of the things that can be done with Bitcoins is playing online casino games. One of the most popular casino games all over the world is roulette. The name ‘roulette’ is French and it literally means little wheel. There isn’t a reliable and popular online casino that doesn’t offer at least few variants of roulette.
Who offers Bitcoin Roulette?
Roulette is played all over the world, practically in every land-based casino. This game has been around for few centuries and it is not surprising that it is one of the most commonly played games in online casinos as well. If you have a couple of Bitcoins and you’re thinking of playing roulette with them, you should know that there aren’t any land-based casinos that accept Bitcoins as a currency.
The reason for this is quite obvious, Bitcoin is a digital currency and as such it is used online. This doesn’t mean that Bitcoins are not valuable. On the contrary, 1 Bitcoin is worth more than $400. The value of the Bitcoin against the American dollar and all the other traditional currencies may fluctuate significantly. There are a number of Bitcoin casinos out there, that will enable you to play online roulette with Bitcoins. Our website is dedicated to Bitcoin online casinos and here you can find all the necessary information concerning Bitcoin roulette.
Live Roulette in Bitcoin Casinos
At first online roulette and online casino games in general were seen as second best to games played in traditional, land-based casinos. This was mainly because of the atmosphere that exists in brick and mortar casinos could not be matched by the one in online casinos, maybe due to the fact that you’re not actually “in” a casino. This changed with the introduction of live casino games. A live casino game is one where you play against a human dealer/croupier and other players, depending on a game, and it is played in real time, streamed live from a casino-like environment, or an actual casino. It is basically just like a regular casino, without the hassle of having to travel to an actual casino.
Liver roulette is one of the most popular live casino games and many online casinos offer more than one variant of live roulette. Bitcoin casinos are no different and many of them have live casino games available. The odds are the same, it’s just more fun.
Roulette Rules
If you are familiar with the rules of traditional roulette, let us tell you that the rules and the pay-outs are pretty much the same online; depending on the variant of roulette you’d like to play. In the United States, people and casinos tend to offer American roulette more often than European. The main trait of American roulette is that it features a double zero ‘00’ in addition to the regular zero ‘0’. In addition there are numbers 1-36, which makes 38 numbers in total.
Players can place bets on a single number only and the payout for this bet is 35-1, or for a wager of 0.1 Bitcoins you’d get 3.5 Bitcoins. If you bet on two numbers the payout is 17-1, it is 11-1 for a bet on 3 numbers and 8-1 on a four number bet and then, there’s a six number bet with odds 5:1. You can also bet on a dozen or a column, which covers 12 numbers and the payout in this case is two to one, or you’d get 2 Bitcoins if you wager one. Alternatively you can bet on whether the next number is going to be odd or even, black or white or above or below 18. The payout for bets of this kind is 1 to 1, i.e. if you bet one Bitcoin and win, you’d get another one.
How does Bitcoin Roulette work?
The question is quite simple and the answer is pretty straightforward. It works just like ‘regular’ online roulette for real money, with the only difference being the fact that the currency in question is Bitcoin. Another thing, which is a major advantage of Bitcoin roulette, is the fact that playing roulette with Bitcoins is 100% legal in the USA, due to the legal status of Bitcoins.
Bonuses and Promotions
Many casinos offer various bonuses and promotions, mainly as a way of attracting new players. This is highly beneficial for the players. Bitcoin casinos are no different since they offer pretty much the same type of bonuses, if not even more lucrative ones. Roulette, or at least most versions of it are also included in the list of games for which the bonuses are applicable. One of the most common deposits is the First Deposit bonus, where players get 100% or even 150% bonus on the amount they deposited. So, if you deposit 2 Bitcoins, you can get extra 2, or even 3 as a bonus. Just bear in mind that you have to wager an amount multiple times higher than deposited sum before you can withdraw the amount you’ve won with the bonus.
Bitcoin Roulette Strategies
Roulette is one of the games where many players believe that they can maximize their profits by utilizing a certain strategy. Since Bitcoin roulette is essentially the same as other types of roulette, players often employ certain strategies, like the Martingale strategy. Here, the player would bet a certain amount on one of the bets that have a 1-1 payout. After every loss the amount is doubled and wagered again. After a win, the player goes back to the first wagered amount. This strategy may seem sound, but it’s not going in a long run and you might find yourself bankrupt. We would advise you against this or any other strategy. Simply play roulette for fun and don’t ever bet more than you can afford to lose. Who knows, with some luck, you may win few extra Bitcoins.