Are you looking for the best Bitcoin casino? If yes, look no further because you’ve just found it. El Royale Casino is glad to welcome all Bitcoin enthusiasts. Being a modern gaming platform, El Royale Casino accepts different payment methods. These include bank transfer, digital wallet, and credit cards. We believe that you shouldn’t have difficulties depositing money into your account or withdrawing it.
As the best Bitcoin gambling website, we offer a list of tailor-made services and games for gamblers that want to transact in this cryptocurrency to choose from. Bitcoin is a popular cryptocurrency or digital currency. Thus, you don’t have to transact in fiat or traditional currency only whenever you decide to gamble at El Royale Casino. We offer a wide range of options for you to bet your Bitcoin money on. These include casino games, gambling games, and online lotteries.
Most people learned about Bitcoin and other cryptocurrencies a few years ago. Initially, cryptocurrencies belonged to the territory of tech-savvy individuals and geeks. These were the earliest adopters of this technology that is slowly changing how people transfer money.
Today, people are using Bitcoin to purchase different services and goods online. Several online casinos have embraced Bitcoin too. Currently, Bitcoin suits online casinos, bookies, poker rooms, and other gaming platforms naturally. But, if you want to gamble at a Bitcoin gaming site, you need to know the following.
Bitcoin is a digital asset or a cryptocurrency that works as an exchange medium using cryptography to regulate its production and management. Essentially, Bitcoin production and management does not rely on central authorities. Instead, its operation uses peer-to-peer technology with no banks or central authorities. Bitcoin issuance and transaction management are done collectively by a network.
Being an open-source asset, Bitcoin has a public design, and nobody controls or owns it. Everybody can use Bitcoin to transact. Bitcoin’s unique properties allow people to use it in different ways that traditional payment systems could not cover.
Since Bitcoin is a digital money network, it does not use physical items like coins or bills. It is also stored online in wallets and spread globally. Bitcoin is traded on BTC exchanges. Thus, a person has a Bitcoin wallet instead of a bank account. Bitcoin enthusiasts use the money in their wallets to buy stuff. You can also transfer the money to other individuals’ wallets or a legit Bitcoin casino and start gambling.
What differentiates Bitcoin from fiat currencies is that physical withdrawals are not possible. However, you can exchange Bitcoin for Euro, US dollar, and other fiat currencies.
The major characteristic of this cryptocurrency is decentralization. That means no authority or government issues or controls Bitcoin. Every user can access the blockchain. This is the registration point for Bitcoin transactions. And a decentralized blockchain makes Bitcoin anonymous and transparent.
A combination of anonymity and transparency is a major reason why Bitcoin’s popularity is always growing. It’s also the reason why Bitcoin casino games and gaming sites are becoming increasingly popular.
Bitcoin has had a turbulent history. However, cryptocurrencies are generally uncertain. As such, its history wasn’t meant to be smooth. Some people had tried to create cryptographed currencies before and failed. So, how did Bitcoin get to where it is now? Here is a brief timeline of the history of Bitcoin.
1976 to 2002
This was the time of conducting background research. This time is also marked by major developments in public-key cryptography and proof-of-work systems.
2003 to 2007
At this time, Bitcoin could have been invented by anybody with insights and adequate knowledge. However, nobody did.
2008 to 2010
These were the early days of this cryptocurrency. A white payer by Satoshi Nakamoto was published. This was also the time for the release of the Bitcoin client. Additionally, several ‘firsts’ occurred at this time. This includes trading Bitcoin for good and fiat money. Satoshi Nakamoto was around at this time.
2011 to 2012
This time was marked by the disappearance of Satoshi Nakamoto. However, Bitcoin continued to grow. Coinbase, BitPay, and Silk Road were all launched at this time.
This was the time for the first Bitcoin crash. At this time, the Bitcoin price hit USD 1,000. But, its price started to drop quickly. It shortly plummeted to about USD 300. The price of Bitcoin reached USD1, 000 again after more than 2 years.
2014 to 2016
Mt. Gox was the leading Bitcoin exchange platform. This went offline in January 2014 with owners losing 850,000 Bitcoins. This was considered a major heist ever. Bitcoin price also fell below USD 1,000 at this time. This cryptocurrency also struggled below key levels for some years.
This year was marked by the mainstream popularity of Bitcoin. At this time, Bitcoin realized a 20-fold rise from the beginning of this year. Its popularity grew exponentially. The value of Bitcoin grew to around USD20, 000 from USD900 throughout 2017.
This period was marked by the Bitcoin crash. 2018 began with the Great crypto crash after the unprecedented boom the previous year. Bitcoin price fell by around 65% from January 6th to February 6th. Google, Twitter, and Facebook banned advertisements for token sales and initial coin offerings later in March. This saw the price of Bitcoin drop steadily. The market capitalization for Bitcoin fell below USD1, 000 billion by November 15th. And the Bitcoin price dropped to USD5, 500.
This year marked the resurgence of Bitcoin in terms of volume and price. Bitcoin rose to about USD10, 000 with its price hitting USD7, 250 by the end of this year.
A major reason to play casino with Bitcoin is to remain anonymous. This is the major advantage for any Bitcoin user. Perhaps, anonymity is the reason why there is nothing much revealed when it comes to Bitcoin transactions. It may also explain why the Bitcoin founder, the pseudonymous Satoshi Nakamoto disappeared around 2011.
When you gamble at a casino that accepts Bitcoin, you’re not required to disclose your personal information to withdraw, place wagers, or deposit money. Bitcoin is largely about anonymity. Although Bitcoin transactions can be tracked in blockchain and lead to your wallet, the process is time-consuming. Thus, nobody will be willing to do that without a major reason to do it.
Thus, Bitcoin enables you to gamble online anonymously. That’s because Bitcoin transactions are not linked to a government entity or central bank. In most cases, Bitcoin addresses remain completely anonymous. And, your wallet remains a secure place for storing hard-earned money.
The anonymity that comes with BTC gambling enables casinos to target players whose jurisdictions do not allow online gambling or places with grey areas. That’s because Bitcoin transactions make it hard for such jurisdictions to establish the location of players.
So, if disclosing your banking and personal information has been a security concern for you, start gambling at a reputable real money Bitcoin casino. El Royale has a wide range of high-end casino games and video slot machines that you can enjoy using Bitcoins. We know how important anonymity is when it comes to online gambling. That’s why we accept Bitcoin as a major payment method for payouts.
Online casinos that use traditional currencies and payment methods have defined policies and regulations. Using traditional currencies and payment methods make identification and tracking of individual players, casino operators, and dealers possible. A Bitcoin online casino, on the other hand, is different.
Bitcoin transactions are digital. As such, their verification and auditing are not easy. Thus, the anonymity of a player is maintained because they pay anonymously via digital currency. What’s more, a casino that takes Bitcoin requires minimal details of the user. In most cases, the casino requires the login name and email of the use. Thus, no location check, age verification, and other details of the user are required. Here are the major pros and cons of using Bitcoin at an online casino.
- Privacy - The fact that you don’t have to endure boring KYC procedures or fulfill other requirements enables you to stay anonymous when gambling online. The best BTC casino operators do not users anything. This makes these casinos great platforms for gamers from countries that do not allow online gambling.
- Transaction fees - When it comes to using Bitcoin at an online casino, transaction fees are minimal or non-existent. Most operators cover these fees on behalf of players. What’s more, these casinos incur lower costs when developing their cashier sections. Consequently, they provide lower margins and better odds.
- Speed - Bitcoin transactions, especially withdrawals, are faster than those done using traditional payment methods like wire transfer and credit cards. Thus, a player doesn’t have to wait for days to receive their money.
- Promotions - Most gamers choose casinos that accept cryptocurrencies to get a Bitcoin deposit bonus. Bitcoin users also get great casino, sportsbook, and poker bonuses. The extra cash that these players get is bigger than what fiat currencies’ users get.
- Taxation - Currently, Bitcoin is tax-free though some governments want to change this. That means you won’t be asked to pay anything or declare anything to the government when gambling.
- Security - As long as you protect your wallet, your account won’t be at the risk of getting hacked. That’s because you won’t be asked to disclose your details to anybody. This is not the case for online casinos that accept traditional currencies only. You can use this cryptocurrency while you play PC or Bitcoin mobile casino.
- Uncertainty - Many governments and states are trying to issue laws to regulate Bitcoin. Consequently, the future of this cryptocurrency is uncertain.
- Volatility - Bitcoin price is always fluctuating. Thus, using Bitcoin to gamble can sometimes favor you or lead to great losses. Essentially, predicting what is likely to happen is not easy. This adds to the uncertainty of Bitcoin use at an online casino.
- Security - Operators of an online casino may not steal money from your Bitcoin wallet. However, Bitcoin exchanges have some problems. Some wallets of Bitcoin users have been hacked before. Although this doesn’t happen all the time, it is possible.
- User-friendliness - People that are not tech-savvy require time to learn how to work with Bitcoin. Luckily, most casinos and wallets have user-friendly interfaces. Thus, most people learn to use Bitcoin faster.
Using Bitcoin to gamble at an online casino has more advantages than disadvantages. Nevertheless, you will enjoy some of these advantages if you sign up for an account at a BTC online casino that accepts cryptocurrencies only.
Being the best BTC casino for real money, a provably fair and safe El Royale Casino features a wide range of Bitcoin games for players to choose from. Major among them include the following.
If you’re a veteran gambler, you know that the roulette wheel is great at placing individuals in a trance. The outcomes of this game race through the mind as the ball bounce around the roulette wheel. You don’t know it will be Black or Red, 0 or 26. This explains why most players stick to the table longer. The impression is even greater with the Bitcoin roulette. El Royale Casino offers different Bitcoin roulette versions for gamblers. These include European roulette, American roulette, and French roulette. What’s more, you get more variations with bet types, multiple wheels, and additional options.
Bitcoin slots are unlimited when it comes to the user interface like the ordinary reels. Each app is captivating and it provides the feeling that each Bitcoin slot wants to outshine the others. Some of the Bitcoin slot themes that you can enjoy at El Royale Casino include Classic Fruits & Cards, Treasures & Jewels, Sports and Sportsmen, and Pop Culture.
Emotions are always high at the video poker table. Although creating this psychological battles’ atmosphere is not easy in virtual games, some apps have done it. Some of the popular Bitcoin poker versions that you can play at El Royale Casino include Texas Hold’em, Let it Ride, Caribbean Stud, and Pai Gow.
Blackjack is a straightforward game whose rules are relatively simple. But, this game has many concealed strategies and pitfalls. The Bitcoin blackjack is more interesting. The hidden appeal and surface simplicity is what makes Bitcoin blackjack the favorite for most gamblers. Using cryptocurrency to gamble has made blackjack’s virtual version the favorite option for raucous crowds in brightly-lit spaces of traditional casinos. And Bitcoin blackjack evokes similar emotions with the real-world version most of the time.
You want to get a welcome bonus when you sign up at a real money Bitcoin casino. Luckily, most online casinos that allow users to gamble with Bitcoin offer different promotions and bonuses. However, Bitcoin is mostly used to provide these promotions and bonuses.
What’s more, promotions of these casinos can be temporal or regular. Thus, a player can claim the bonus several times or just once. They can also come in the form of a free bonus or a welcome bonus that a player gets and depositing the first amount. As such, players should read the terms and conditions of a casino before they claim their Bitcoin deposit casino bonus.
Bitcoin internet casino promotions can be categorized as follows:
- Welcome bonus
- No deposit bonus
- Match bonus
- Special promotions
- Cashback promotions
- Loyalty rewards
- Free spins
Each of these bonuses has a unique cashout option, as well as, terms and conditions that should be understood before claiming.
You need to follow several steps to play casino games with Bitcoin.
These steps are as follows:
- Get a Bitcoin wallet - Register for a wallet to get and use Bitcoins. You can use platforms like Software Wallets and Web Wallets.
- Get Bitcoins - Buy Bitcoins from people that are ready to sell them. You can purchase Bitcoins using your local currency.
- Deposit at a Bitcoin casino with welcome bonus- Simply register for an account with a trustworthy casino that accepts cryptocurrency like El Royale and start making Bitcoin transactions.
Bitcoin online casinos have several advantages over gaming platforms that accept traditional currencies and payment methods only. For instance, Bitcoin transactions are almost completely anonymous. Online casino Bitcoin withdrawal is also super fast. Essentially, you can get your winning within 20 minutes after playing.