There are a lot of factors that contribute when choosing a good casino. The good news is Betzest will help you to select the ones that suits you best! These are only some of the factors FootballBetExpert uses to shortlist its featured casinos.

Online casinos have to deal with one new regulation after another, which has made payment transactions a very hard regulated process. This is where bitcoin and other cryptocurrencies have come to the rescue.

Long story short, virtual coins provide an alternative way to process payments on casino sites without the restrictions that come with fiat currency processing. However,  that isn’t the only advantage when it comes to cryptocurrency / blockchain.

Advantages of crypto casino

1. Decentralization

One of the advantages we like best here at Betzest is that virtual currencies such as Bitcoin are decentralized. This means that they have no relation with governments or banks at all, which puts you in complete control of your money. They can’t be blocked, and your account can’t be frozen. Not only that, while playing at a bitcoin casino, you can transfer your funds to a crypto wallet without anyone watching.

2. Transaction Fees

Any e-commerce company needs to make money, and one way to do that is through the transferal of funds i.e., each time a player makes either a deposit or withdrawal. Conventional payment methods tend to come with high fees at online casinos, as they do anywhere else. Good news, blockchain transaction fees are much lower than these conventional methods, meaning that you get to keep more of the money you win than you would at a standard online casino.

3.Verification

Furthermore, another advantage of cryptocurrency is transparency. An example of how this is mainly helpful lies in the fact that, due to the public record, your transactions are visible. This means you can prove you made a payment and verify that your withdrawal was made by the bitcoin casino. Cool isn’t it ?

4.Worldwide Acceptance

One of the goals of cryptocurrencies is to provide a global payment system without any involvement or control from either a bank or a government. Without this national and institutional control, this means that Bitcoin or any other cryptocurrency works exactly the same for all Bitcoin gambling sites, regardless of which country you reside in.

5. Anonymity

Bitcoin is pseudonymous, so your personal data remains hidden throughout a transaction. Yes, the transition can be viewed by all, but it’s only the amount that’s visible.

Disadvantages of crypto & bitcoin casino

Some customers are often put off by the opportunity to try something new, even when there are numerous advantages in them doing so. To give you an example so you can make up your own mind, here are a few things you should take in consideration if you are playing at online casino with cryptocurrency.

1. No recourse

As no-one owns the blockchain, if you run into a issue with a transaction, you’ll struggle to get it resolved. While you may get a certain level of customer support from either your wallet provider or the crypto casino itself, they have no control over the blockchain. Moreover, if the funds in your crypto wallet are subject to robbery, they would be undetectable, and you would have only little chance of getting them back. We look at it this way: this only reaffirms why you should use a decent crypto wallet and ensure that your funds are properly secured. Of course, this is one of the areas we’ve covered right here in this guide.

2.No chargebacks/reversals

Once a transaction has been confirmed, the money have left your wallet. So if there is a issue with the casino, you have no way to chargeback or reverse the charge as you might do with a credit card. This is just one reason why you should only play at a reputable bitcoin casino, like the ones Betzest recommends.

3. Volatility

Some other important thing that cryptocurrencies are famous for is their volatility, which can lead to a high amount of fluctuation. While this can be an advantage, such as if the value of Bitcoin increases, it can also work the opposite way.

If you play at a Bitcoin casino in BTC, the volatility only affects you when you exchange your coins back into a fiat currency. If the site you’re playing at converts your coins into fiat currency, they may lose some value during the conversions. On the flip side, of course, you could just as likely find that they gain in value. So there’s that!

How to choose a crypto/bitcoin casino?

Here at Betzest, our team of experts have taken care of finding the very best crypto casinos out there. Of course, which crypto casino you choose to play at depends on your personal preferences. Our reviews include information for each of the following points to help you find the right casino for you.

• If you have a preference for a particular cryptocurrency, you should check that any crypto casino you’re considering playing at accepts your preferred coins.
• You’ll also want to look at the catalog of games on offer. If you’re not looking for casino games, you should check out our guides for betting, lottery, dice, scratch cards and poker.
• Take a good look at the various promos and bonuses on offer. Some bitcoin casinos offer free spins, others offer a matched bonus, and sometimes you’ll find a combination of the two. We don’t suggest that you let this sway your decision too much, as bonuses only offer a short-term advantage. However, if you find that two bitcoin casinos offer similar advantages, it only makes sense to go for the one with the best bonus.
• Take a look at the restricted countries for the casino you’re looking to play at. This can be done by visiting our review page for the casino and looking at the highlights, for example, a site that accepts US players will say “Players from USA Accepted”, which means that this is a bitcoin casino for USA based players.

How to play at crypto casino

If you are new to crypto casino it can be hard  which steps to take before registering and start playing. However, we at Betzest are here to clarify and provide you a straightforward guide on how to get started. If you’re familiar with crypto betting, poker, live casino  sites, the process is much the same.

• Step 1 ➡  Select A Casino

Firstly,  go through the list of recommended crypto casinos at Betzest and then choose one or more casinos that you really like. Note that after you have registered up with a casino there is no mandatory to purchase a deposit and bet, so if you don’t like the look of it you can always decide to go with another casino.

• Step 2 ➡ Create An Account

The account registration shouldn’t take you more than a couple of minutes as all you have to do is fill in the registration form and then login to your email and activate your account.

• Step 3 ➡ Deposit

The deposit process is very simple. Go to deposit page where  banking options are displayed, click deposit and then choose your crypto of choice and follow the steps. You should be able to link and transfer crypto from your account to your casino c account in a matter of seconds.

How will work ?

For example let’s make a simulation of a crypto casino that will offer this welcome bonus package below:

100% up to 1.5 BTC/300 USD + 250 Free Spins!

The minimum amount that can be deposited in order to claim a deposit bonus is 0.001 BTC(or equivalent in other cryptocurrencies)/20 USD (or equivalent in other fiat currencies).

1. Bonus funds are added to a player’s bonus amount and are subject to standard terms and conditions, wagering requirements and bonus terms.
2. Once the bonus is activated, it will be valid for 14 days to be wagered.
3. Main account funds will be used before any bonus funds.
4. Bonus money must be wagered 30x before it can be converted into real money and withdrawn.
5. The maximum permitted bet amount while a bonus is pending or actively being turned over is 0.00015 BTC, or its equivalent in other currencies. Any player wagering in excess of this amount could forfeit winnings accrued from bonus funds.
6. Only bets made using bonus money count towards the wagering requirement. Bonus money will be used only once an original deposit has been used. Playing using practice money will not count towards the wagering requirement.
7. Players may only claim the welcome bonus once.
8. Any accounts linked to accounts that have already claimed the welcome bonus will not be eligible to claim welcome bonus.

First Deposit Free Spins

1. Eligible players will receive 250 free spins after making their first deposit.
2. The minimum deposit amount to qualify for 250 Free spins is 0.005 BTC(or equivalent in other cryptocurrencies)/50 USD (or equivalent in other fiat currencies).
3. Free spins will be credited once deposit amount has been wagered x1 in the Slot games, within three days.
4. 50 free spins are granted per day, for 5 days in total.