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Bitcoin Slots Guide – Top 5 Bitcoin Slots Sites 2019

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Author: Inside Bitcoins

If you’re a fan of online slots, did you know that there are now heaps of Bitcoin casinos that now allow you to play slots via Bitcoin deposits and withdrawals? In fact, opting for a Bitcoin slots site over a traditional online casino comes with a range of benefits. Whether its super-fast withdrawals or guaranteed fairness – Bitcoin slots are growing in popularity at a rapid pace.

Sound like something that you want to explore further? If so, be sure to read our comprehensive Bitcoin Slots Guide. Within it, we discuss every that you need to know. This includes what Bitcoin slots are and how they work, what you need to look out for, how fairness is guaranteed, and what the top 5 Bitcoin slots sites are in 2019.

Note: As fun as Bitcoin slots can be, it is important to remember that gambling is a risky endeavour. By failing to control it, you could lose a lot of money. Most importantly, never treat online gambling as a means to make long-term gains.
Pros and cons of Bitcoin slots?

The Pros

  • Thousands of Bitcoin slots in the market
  • Choose from basic slots, feature-rich slots or jackpot slots
  • Deposits and withdrawals are instant
  • No minimum or maximum deposits
  • Gamble anonymously
  • Progressive slots can pay into the millions of dollars

The Cons

  • You could lose a lot of money if your gambling isn’t controlled
  • Bitcoin slots sites are largely unregulated

The best 5 Bitcoin slots sites in 2019

1. FortuneJack - Best for user-experience and game choice

Launched in 2014, FortuneJack is often regarded as the go-to platform for all-things Bitcoin gambling. Whether its slots, blackjack, roulette, live dealers, video poker or virtual games – FortuneJack has something for everyone. Moreover, the platform even has a fully-fledged Bitcoin sports betting facility. In terms of its Bitcoin slots department, FortuneJack literally offers hundreds of titles.

If you’re interested in basic 3-reel slots, the platform has you covered. If you’re the type of player that craves slot games that are packed with features and bonuses, FortuneJack hosts games from dozens of leading software developers. This includes the likes of Microgaming, NetEnt, and Evolution. In even better news, FortuneJack also has a comprehensive progressive jackpot department. This gives you the chance of netting jackpots that often surpasses $1 million.

When it comes to the fundamentals, FortuneJack has an excellent reputation for facilitating instant withdrawals, meaning that the platform will automatically process the transactions as soon as the request is made. Finally, if you’re yet to open an account with the platform, FortuneJack will offer you a very tempting 1.5 BTC matched deposit bonus, alongside 250 free slot machine spins!

Key Points:

✔️ Fully-fledged Bitcoin gambling platform

✔️ Huge Bitcoin casino department that covers all game types

✔️ Progressive slots with multi-million dollar jackpots (BTC-equivalent)

✔️ Welcome bonus of 1.5 BTC + 250 free slot spins

✔️ Instant deposits and withdrawals

✔️ Established since 2014


Visit FortuneJack Now

2. mBit - Best slots department in terms of game numbers

In a very close second, mBit is an excellent choice if you’re looking for a platform that hosts thousands of individual slot games. Much like in the case of FortuneJack, mBit has partnered with some of the industry’s leading software providers. As each software developer is licensed by key regulatory bodies such as the UK’s Gambling Commission, you can be sure that your betting endeavours are true and fair.

mBit also offers a huge progressive jackpot department, meaning that you have the chance of chasing that life-changing amount of money. If you’re more interested in long-term viability, the platform also offers a number of slots that come with above-average RTPs (return to player). Irrespective of the slot title you do opt for, not only are deposits and withdrawals free, but they are processed instantly, too.

mBit is also great if you’re looking to obtain a new-player welcome package. In fact, its matched deposit bonus offer of 5 BTC is now one of the most competitive in the industry. At the time of writing, this amounts to a real-world matched bonus of around $40,000. Take note, the welcome package is split across three individual deposits, with the initial deposit representing a 110% matched bonus of up to 1 BTC.

Note: As lucrative as a 5 BTC welcome bonus might sound, it is important to remember that you will need to meet some ‘wagering requirements’ before you can cash your bonus funds out. Don’t worry, we explain this in more detail further down!

Key Points:

✔️ More than 2,000 gambling games supported

✔️ Live dealers

✔️ Thousands of slots

✔️ Welcome bonus of 5 BTC

✔️ Instant deposits and withdrawals

Visit mBit Now

3. Playamo - Best for multi-currency deposits

Known as a hybrid-casino, Playamo is a rare crypto-centric casino platform that also accepts fiat currency. However, if you want to benefit from instant deposits and withdrawals & anonymous accounts – then you are best off sticking with Bitcoin. Nevertheless,  although at first glance it appears as if the Playamo platform could benefit from a tad of modernization, it’s gaming suite is highly comprehensive nonetheless.

In fact, on top of a fully-fledged Bitcoin slots arena, you’ll also find a full range of table games such as blackjack and roulette, as well as a selection of video poker titles. The slots department itself also contains a good number of progressive slot titles, which is great.

What we really like about the Playamo platform is that it is great for bonuses – both for new and existing players. If you’re yet to open an account with the operator, you’ll benefit from a 100% matched deposit bonus (BTC-equivalent of 100 Euros). Although this is much smaller than the other Bitcoin slots sites we have discussed thus far, the wagering requirements are also much lower.

Key Points:

✔️ Hybrid gambling platform – accepts Bitcoin and fiat currency

✔️ Massive gaming department that covers slots, table games, virtual games, video poker, and more

✔️ Weekly jackpot games for all players

✔️ Welcome package includes two deposit bonuses and free spins

✔️ 24/7 live chat facility

Visit Playamo Now

4. Betchain - Best reputation in the Bitcoin slots space
 

As we will discuss in more detail further down, choosing a Bitcoin slots site is all about weighing up your priorities. By this, we mean that while a platform might be great for the number of slots it hosts, it might fall short in the withdrawal department. With that being said, although Betchain doesn’t possess the most user-friendly of platforms, if you’re looking for a Bitcoin slots site with a long-standing reputation, the platform tops our list.

In fact, with the platform launched way back in 2013, it is now one of the most established Bitcoin slots sites in the industry. This is hugely important in a gambling sector that still operates in a somewhat unregulated environment. On top of benefiting from a trusted platform, Betchain is also a great choice if you’re looking for super-fast deposits and withdrawals. While deposits are typically credited on 1 Bitcoin confirmation, withdrawals are processed as soon as you make the request.

When it comes to its bonus offering, Betchain will offer you a 100% matched deposit bonus of up to 1 BTC if you are yet to open an account. Not only will you also get an additional bonus on your second and third deposits, but the platform will chuck in a whopping 200 free spins!

Key Points:

✔️ Established since 2013 – one of the first-ever Bitcoin betting sites

✔️ Massive welcome bonus that amounts to 2 BTC + 200 free spins (over 3 deposits)

✔️ Has partnered with heaps of leading software developers

✔️ Huge gaming suite

✔️ Live dealer department

✔️ Fast deposits and withdrawals

Visit Betchain Now

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If you’re the type of player that is looking to maximize the ever-growing bonus packages being offered by crypto-centric gambling sites, then look no further than 1xbit. Interestingly, the platform originally started out as a fiat-only platform via its ‘1xbet’ subsidiary. However, recognizing fully that the crypto-centric side of the industry is growing at a rapid pace, the platform decided to launch a dedicated Bitcoin casino.

Within its gaming suite, you’ll find every type of gambling game imaginable. If its slots that you’re primarily interested in, you will have thousands of titles to choose from. This covers all bases – from classic slots, to bonus-rich slots, to progressive jackpot slots. If you ever get bored of playing slots, you also have the choice of playing table games, video poker, live dealers, and more!

As the 1xbit platform is still a relatively new entrant to the Bitcoin slots space, the operator now officially offers the largest welcome package of all time. If you are yet to register an account with the platform, you are able to claim a matched deposit bonus of up to 7 BTC, which is massive. As with any casino bonus offer, be sure to read through the terms and conditions before proceeding!

Key Points:

✔️ Thousands of slot titles on offer

✔️ Huge progressive slot jackpots

✔️ One of the largest casino departments in the space

✔️ Instant deposits and withdrawals

✔️ Multiple digital currencies accepted

✔️ Live dealers available

Visit 1xbit Now

What are Bitcoin slots?

So now that you know what the best Bitcoin slots sites are, we are now going to unravel how this particular segment of the online gambling industry works. In its most basic, Bitcoin slots are merely online slots machines that allow you to win real money. However, the key difference is that all deposits and withdrawals are facilitated via Bitcoin. As such, you stand the chance of benefiting from instant cash-outs, as all of the casinos we have recommended above process withdrawal requests instantly.

Nevertheless, there are typically three types of Bitcoin slots that you can choose from. Notably, this covers basic 3-reel slots, slots that are jam-packed with bonuses, and progressive slots. The game type that you opt for will ultimately depend on what you are looking for from a slot machine. With that being said, we’ve broken down each slot type in more detail below.

✔️ Classic 3-reel Slots

If you’re an old-school slot machine player that seeks ‘simplicity’, then you are probably best off sticking with classic 3-reel slots. As the name suggests, these are Bitcoin slots that stick the basics – a simple 3-reel slot machine where you are required to match three of the same symbols to win. In other words, the game does not come with any bells and whistles such as wilds, scatters, bonuses, features, or progressive jackpots. Instead, all you need to do is spin the reels and hope for the best!

Although classic slots are becoming less common these days – primarily because new-age slot players prefer games with non-stop action and 3D visualizations, all of the Bitcoin slots sites that we have recommended above host them.

✔️ Bonus-Rich Slots

The vast majority of the Bitcoin slots space is now dominated by slot machines that are jam-packed with bonuses, features and in-game specials. This ensures that the end-to-end gaming experience keeps the player at the edge of their seat at all times! Moreover, this gives players a significant amount of avenues to land a win, rather than simply relying on the 3-reels found in a classic slot.

With that being said, it’s probably best that we breakdown how bonus-rich slots work, not least because there is a lot to factor into your gameplay!

5 X 3 Reel Layout

As you will see from the below screenshot, bonus-rich sots typically come with a conventional 3 x 5 reel layout. This means that there are 5 reels in operation across 3 rows. What this means for you as the player is that you have a much greater chance of landing a winning combination, not least because you will have more paylines in operation.

Note: When we talk about paylines, this refers to the number of lines that can land a win. While classic slots have just 1 payline (left-to-right in the centre reel), bonus-rich slots typically have 25 paylines. As such, you can land multiple wins on a single spin.

Wild Symbols

The next factor that you need to take into consideration is the ‘Wild’ symbol, as practically every bonus-rich Bitcoin slot will possess them. In a nutshell, the Wild symbol can substitute most other symbols on the reels. For example, let’s say that you get two ‘Ace’ symbols on a single payline. As this isn’t enough to meet the minimum of three symbols in a row, you haven’t landed a win. However, as you also landed a Wild symbol next to the two Ace symbols, the Wild automatically turns into an Ace, which creates a winning combination.

As you can see from the above example, the player has landed two Wild symbols on the top row. As there is a ‘9’ symbol next to the two Wilds, this means that the player landed three 9 symbols, subsequently resulting in a win. Essentially, the more Wilds that you can land on a single spin, the higher the win. In fact, the top jackpot is often won when you are able to fill the entire screen with Wilds, as the slot game will subsequently substitution them for jackpot symbols!

Feature Round

One of the most exciting things about bonus-rich slots is the chance to enter the main feature round. Although this will vary depending on the specific Bitcoin slots game you are playing, most feature rounds are highly interactive and packed with innovative graphics and sound effects. The feature round is typically the best chance that you have of landing a huge win, too.

In the vast majority of cases, you will need to land 3 or more bonus symbols to land the main feature round. Moreover, if you are able to land more than 3 bonus symbols, you will usually stand a better chance of winning a larger amount from the game.

As you will see from the example above on hugely popular slot game Rainbow Riches Pick ‘n’ Mix, the player has landed 4 bonus symbols, which subsequently activates the bonus game. As you will also see, bonus symbols can typically be landed anywhere in-view, meaning that you don’t need to get them on a single payline.

Continuing on from the above example – whereby the player landed 4 bonus symbols in-view, the above screenshot shows the resulting feature round. In this particular game, the player is required to spin the virtual wheel. Every time the wheel lands on a number, the player will proceed up the trail of money. Each movement is represented by a multiple, which is then multiplied by the player’s stake. For example, if you played at $5 per spin, and you finished the feature game on 60x, then you would win $300.

✔️ Progressive Jackpot Slots

If you’re the type of slots player that craves that life-changing win, then we would suggest sticking exclusively with progressive jackpot slots. Take note, this particular slot type operates in exactly the same way as a bonus-rich slot – but with one key difference. As the name suggests, progressive jackpot slots come with huge jackpot prizes that progressively increase until they are won. Think along the lines of the MegalMillions and EuroMillions lottery games. These lotteries will keep rolling over the jackpot amount until it is won – which is why prizes are so significantly.

At the time of writing, the largest jackpot prize ever won from an online progressive jackpot stands at just over £13 million (approx $16 million at today’s exchange rate). This was won from just a single spin of around $0.30! Nevertheless, in order to understand how the progressive jackpot network operates, we’ve provided a quick breakdown below.

  1. Mega Moolah is a hugely popular progressive slot that is hosted across 200 individual casinos (both fiat and Bitcoin-centric)
  2. On a single day, each casino collects $5,000 in player stakes
  3. While this doesn’t sound like a lot, across all 200 casinos this amounts to a total prize pot of $1 million
  4. The prize pool continues to grow until it is won
  5. A lucky player from FortuneJack lands the progressive jackpot, which amounts to $5.6 million
Note: In order to merge a single progressive jackpot slot across hundreds, if not thousands of casino platforms, the software developers behind the slot create and manage a progressive network. This allows all player stakes to be ‘pooled’ together, and subsequently transferred to the lucky winner!

So now that you know the three types of slot games available in the Bitcoin slots space, we are now going to explain how the ‘RTP’ works.

RTP (Return to Player): Why is it important?

???? Regardless of what gambling product you are playing, it is no secret that the casino will always have an advantage over their players. If they didn’t, there would be no guarantee that they would be able to remain profitable in the long-run. In the world of gambling, this is known as the ‘house-edge’. The higher the house-edge, the higher the advantage that the casino has.

???? As Bitcoin slots are based on a software algorithm, the house-edge is represented by the return to player, or simply ‘RTP’. This operates in the opposite way to the house-edge, insofar that the higher the RTP, the lower the house-edge and thus – the more chance that you have of winning in the long-term.

???? When assessing the RTP of a Bitcoin slots game, this is always represented as a percentage. In the online slots arena this averages between 94% and 96%. As such, if you can find a Bitcoin slot that has an RTP of 96% or more, then you will increase your long-term chances of walking away a winner.

???? It is important to note that if you are playing a progressive jackpot slot that often pays jackpot prizes of surplus $1 million, then it’s likely that the RTP percentage will be much lower. At the other end of the spectrum, if the jackpot prize is somewhat small, then it’s likely because the RTP is high!

Note: As a final takeaway on the importance of the RTP, the percentage amount indicates how much the Bitcoin slots site will retain over the course of time. For example, if the RTP was 96%, this means that across millions of slot spins, the casino would retain 4% of player stakes.

How to register and deposit funds at a Bitcoin slots site

So now that you have a firm grasp of what a Bitcoin slots site is and how they typically work, we are now going to show you how to get started. By following our simple step-by-step guide below, you can start playing Bitcoin slots in just a few minutes!

Step 1: Choose a trusted Bitcoin slots site

The first – and potentially the most important step in your endeavour to play online slots is to find a trusted Bitcoin slots site. At the time of writing, there are literally hundreds of online platforms that now facilitate Bitcoin slots. In the vast majority of cases, many of these platforms operate in an unregulated manner, so you need to be really careful in the casino you opt for.

The best advice that we can offer you is to scroll to the top of this guide and review the five Bitcoin slots sites that we have recommended. If you find a slots site that isn’t on our list, just make sure that you perform the required due diligence on the platform’s credentials.

Step 2: Quickly open an account – 30-second process

If you’ve ever used a traditional online casino before, then you’ll probably know just how cumbersome the account opening process is. You’ll need to fill out a range of online forms pertaining to your identity, including but not limited to your name, address, date of birth, telephone number, and social security number. Once you’ve done this, you’ll also need to upload some documents such as a passport/driver’s license and proof of address.

In the Bitcoin slots spectrum, there is no requirement to provide any of the above information. In fact, all you need to do is provide an email address and a password. Once you’ve done that, you’ve instantly created a Bitcoin slots site account!

Step 3: Deposit Bitcoin into your slots account

Now that you’ve quickly opened an account with your chosen Bitcoin slots site, you will now need to deposit some funds. The process works in much the same way as depositing funds into a third-party cryptocurrency exchange. This is because you will need to obtain your unique deposit address from your chosen Bitcoin slots site, and then transfer the funds over externally.

Once you have transferred the funds from your private Bitcoin wallet over to your Bitcoin slots account, the casino will typically credit your account on 1 Bitcoin confirmation. As such, the deposit should take no longer than 10 minutes!

Note: Don’t forget, all of the Bitcoin slots sites that we have recommended in our guide offer new players a welcome bonus when they first sign up. As such, you should take full advantage of this offer as it will boost your initial balance.

Step 4: Play Bitcoin slots responsibly

Once your casino account is funded, you are then ready to start playing Bitcoin slots. Head over the slots department of your chosen platform, and then scroll through the many games on offer. You can filter the slots department by game type (classic, progressive, etc) or by the software developer (NetEnt, Microgaming, etc).

The most important thing to remember is that you should always engage in responsible gambling. While the lure of winning a multi-million dollar jackpot might tempt you in, never gamble more than you can afford to lose. If you ever feel that your gambling is getting out of control, you should opt to self-exclude from the platform.

Step 5: Cash-out your winnings

If you’re at the stage where you want to cash-out your winnings, the process takes just a few minutes. Head over to your Bitcoin slots account dashboard and find the ‘Withdrawal’ button. You will then need to stipulate how much you want to withdraw (in BTC), followed by the Bitcoin wallet address that you want the funds sent to.

In the vast majority of cases, Bitcoin slots sites will automatically process the withdrawal request. As such, you’ll likely see your winnings back in your private Bitcoin wallet within 10 minutes!

Bitcoin slots bonuses: How do they work?

If you are new to the Bitcoin slots space, then the good news is that you have a significant number of bonuses at your disposal. In a nutshell, as the Bitcoin slots space has become more and more competitive, platforms are increasing the size of their welcome packages as a means to entice you in. As such, it is well worth taking full advantage of these new player bonuses.

As Bitcoin slots bonuses now come in a full range of shapes and sizes, we have provided a breakdown of how each bonus works below.

???? Matched Deposit Bonus

The most popular bonus type in the Bitcoin slots space is that of a matched deposit bonus. As the name suggests – if you are yet to open an account with the platform in question, they will match your first deposit like-for-like. In fact, a lot of platforms now offer a 110% matched bonus, meaning that you’ll get an even greater amount of bonus funds added to your starting bankroll.

Here’s an example of how a matched deposit bonus works.

  1. ???? Let’s say that you join a Bitcoin slots site that offers a 100% matched deposit bonus up to 1 BTC
  2. ???? As you want to maximize the bonus offer, you decide to deposit 1 BTC into your new casino account
  3. ???? As such, the Bitcoin slots site will give you an additional 1 BTC once the deposit is confirmed
  4. ???? This means that your starting balance is 2 BTC, even though you only deposited 1 BTC

What you will also likely find with a matched deposit bonus is that the Bitcoin slots site will give you additional bonuses on your second, or even third deposit. If they do, this is usually for a smaller percentage – such as 50% of the deposit amount.

???? Free Spins

A good number of Bitcoin slots sites will also offer new players a range of free slot machine spins. As it says on the tin, by simply opening an account and making a deposit, the platform will give you a number of free credits that can then be used in the slots department. In most cases, the casino will stipulate what slot title you can use the free spins on, and you typically cannot use them on progressive jackpots.

Nevertheless, the free spins will either come as a stand-alone bonus, or alongside a more common matched deposit bonus. For example, the Bitcoin slots site might offer you a 100% matched deposit bonus of up to 2 BTC, and also chuck in 200 free spins for good measure!

???? No Deposit Bonus

A third bonus type that is growing in response to a more competitive slots battleground is that of a no deposit bonus. Although much rarer than a matched deposit bonus or free spins allocation – no deposit bonuses allow you to play at a casino without funding your account.

For example, the casino might give you the BTC-equivalent of $10, which you can then use on your chosen slot game. However, as this particular bonus type allows players to win money without depositing any funds, the size of the no deposit bonus is typically quite small.

Bitcoin slots bonuses: Terms and conditions

If you’ve read the above section on Bitcoin bonuses in its entirety, then you’re probably thinking that it sounds too good to be true. In this sense – you’re half-correct, not least because you will need to meet the terms and conditions of the promotion before you are able to cash the bonus funds out. Otherwise, it wouldn’t be a viable business model for the Bitcoin slots site, as players would simply withdraw the bonus funds out as soon as they were credited!

With that being said, there are three key factors that you need to look out for when assessing the terms and conditions of a Bitcoin slots bonus. We’ve broken these down in more detail below.

✔️ Wagering Requirments

Without a shadow of a doubt, the most important factor that you need to make considerations for is the wagering requirement attached to the bonus. In its most basic form, this dictates how many times you need to gamble the bonus funds before you are permitted to make a withdrawal. This is always expressed as a multiple, which you then need to multiply against the size of the bonus amount.

For example, if you received a bonus of 1 BTC, and the wagering requirement was 30x, this would mean that you would need to gamble 30 BTC (1 BTC x 30) on the platform before you could make a withdrawal. The wagering requirement will vary from casino-to-casino and bonus-to-bonus, so always check this out before you proceed. We find that the average wagering requirement found within the Bitcoin slots arena is between 40x-50x.

✔️ Eligible Games

The second key factor that you need to look out for when evaluating the terms and conditions of a Bitcoin slots bonus is what games are eligible. By this, we don’t mean the games that you can use your bonus funds on. On the contrary, we mean which games will contribute towards the wagering requirement.

The good news for you is that in the vast majority of cases, slots are the only game that contributes 100% to the wagering requirement. In other words, if you gamble 1 BTC of bonus funds on a slot game, then 1 BTC will be ticked off of your wagering requirement. Other games – such as roulette and blackjack, typically contribute a maximum of 10% towards the wagering requirement, meaning that you would need to multiply the original wagering amount by a factor of 10!

✔️ Time Limit

The final key factor that you need to assess when claiming a Bitcoin slots bonus is how much time you will have to meet the wagering requirement before the bonus expires. Once again, this can vary widely depending on the Bitcoin slots site that you use. In terms of industry averages, this typically sits at around 30 days.

If so, this should be more than enough time for you to target the wagering requirement. However, we do come across the odd bonus that stipulates an expiry date of just 7 days – so always be sure to check this for yourself!

How do I choose a Bitcoin slots site?

Although we have already listed our best five Bitcoin slots sites currently active in the market, it is still important for you to choose a casino that meets your individual needs. The only way for you to do this is to know which factors to look out for. Check out the following list of metrics that you should assess before joining a new Bitcoin slots site.

✔️ Reputation

Assess what sort of reputation the Bitcoin slots site has in the public domain. Find out whether any player complaints frequently pop-up, and explore how long the platform has been in existence. We typically prefer online platforms with an established, long-standing reputation in the crypto-casino industry. Betchain, for example, has been operational since 2013.

✔️ Slots Department 

Spend some time exploring what the platform’s slots department is like. Not only should you assess how many slot titles they have, but also the type of titles, too. For example, it’s best to pick a platform that offers a full range of game types, including progressive slots, 3D slots, and classic 3-reel slots. 

✔️ Deposits and Withdrawals 

Do some homework on the platform’s ability to facilitate ultra-fast deposits and withdrawals. Regarding the former, we’d expect the Bitcoin slots site to credit a deposit after 1 Bitcoin confirmation. And the latter, we prefer platforms that process withdrawal requests automatically – meaning that you’ll receive your winnings within 10 minutes. 

✔️ Customer Support 

There may come a time where you require assistance from the platform’s customer service team. As such, your first port of call should be to see what support channels are available. At the very least this should consist of a 24/7 live chat facility. It is also useful if the platform offers other support channels, such as telephone or email.

✔️ User-Friendliness and Layout

Finally, it is also a good idea to explore how the platform runs before depositing any funds. See how easy it is to move from game-to-game, and how seamless it is to load a new slot up. Ultimately, you don’t want to pick a Bitcoin slots site with a difficult-to-navigate layout, as this will hamper the end-to-end gaming experience.

Are Bitcoin slots safe?

???? If you’re wondering whether or not Bitcoin slots are safe, you should know that the underlying software is usually backed by industry-leading software developers that have built a formidable reputation in the traditional casino space. Think along the lines of NetEnt, Microgaming, and Evolution. All of these entities must hold a gaming license in order to launch slot products, which means that the provider must meet a range of regulatory conditions.       

???? For example, each and every game will first need to go through a certification process with a testing house. These are regulated companies that test the slot game out before going live, with the view of ensuring that the game is true, fair, and random.    

????In terms of the hose the software developer ensures that games remain true and fair, this is based on RNG (random number generator) technology. This not only ensures that each and every spin can be verified for its fairness, but it also ensures that the slot title meets the underlying RTP. In even better news, software developers are audited by their respective licensing body, so ultimately – Bitcoin slots are extremely safe.

Note: It is important to note that although the software developers behind online slot games are regulated, this doesn’t mean that the platform itself is in receipt of a gaming license. It is therefore crucial that you understand the clear distinction between the two.

FAQs

What types of Bitcoin slots are there?

In most cases, we can split the main Bitcoin slot types into three main categories. Notably, this includes basic 3-reel slots, slot machines that are jam-packed with bonuses, features and in-game specials, and progressive jackpot slots that pay multi-million-pound prizes.

What is a bonus wagering requirement?

When you claim a welcome bonus, it is almost certain that you will need to meet some wagering requirements. This is to prevent you from simply withdrawing the bonus funds back to your private Bitcoin wallet. In its most basic form, the wagering requirement is expressed as a multiple, and it indicates how many times you need to gamble the bonus funds before you can withdraw them out. For example, if the bonus amount was 0.5 BTC and it has a 10x wagering requirement, you would need to gamble at least 5 BTC( 0.5 BTC x 10) before you could request a cash-out.

How can Bitcoin slot sites afford to offer multi-million-dollar jackpots?

When you play a progressive jackpot game, the slot title in question will be hosted across dozens, if not hundreds of other casino platforms. As such, every time a player spins the reels, the funds will be pooled together in a central pot. This allows the pot to continuously grow until it is won.

What is the minimum deposit amount at a Bitcoin slots site

In most cases, Bitcoin slot sites do not implement a minimum deposit amount which is great. As such, the only factor that you need to be made aware of is the blockchain transaction fee. Just make sure your deposit amount isn't too small, otherwise, the blockchain fee might make it unviable!

Do Bitcoin slot sites allow you to gamble anonymously?

As you will not be engaging in fiat currency deposits and withdrawals, Bitcoin slot sites allow you to gamble anonymously. In fact, when you go through the account opening process, all you need to provide is an email address and a strong password

Remember, all trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.
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