Digital currencies are penetrating deeper and deeper into all areas of human life. In recent years, online Bitcoins casinos have become widespread. Considering the fact that gambling is prohibited in many countries, including Australia, a person has the opportunity to play online anonymously, receiving winnings on his account. Let’s take a closer look at what a Bitcoin casino is.

How Bitcoin casinos in Australia work?

The ability to preserve privacy while playing and the chance to get a good win have contributed to the development of the gaming industry on the Internet and the inability to trace cryptocurrencies minimizes problems with the authorities. True, it is not uncommon to go to the bitcoin gambling sites, changing your IP address to the IP of a country where gambling is not prohibited, but now it is not difficult to do this using a VPN or the Tor browser.

All network game resources can be divided according to their focus:

• Bitcoin casino;
• lotteries;
• sports betting;
• gambling;
• spread betting.

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Bitcoin casino games

Large companies develop their own unique software for sites, others (smaller) buy or rent it, adding their own chips to increase interest and increase the client base. This software requires minimal human intervention, it itself recruits the required number of participants and organizes the bitcoin gamble.

To convince players of their honesty, some firms go for partial disclosure of the algorithms embedded in the program. Others focus on unique content and a high reputation for the company, which is confirmed by positive reviews on the Internet.

Almost all gambling platforms on Bitcoin allow you to withdraw winnings to your account for free, that is, they do not take a commission for these transactions. In traditional casinos, this is not possible, and besides, banks or law enforcement agencies can trace the payment and freeze or seize the account. Bitcoin gambling services work online, so they are not threatened with such a fate.

The administration of gaming sites guarantees the complete anonymity of its customers. To participate in popular games, it is usually enough to enter your username and your e-mail, as well as come up with a password. The email address is needed in order to be able to recover the password if the player forgets it. The organizers of the site are not directly interested in the personality of the client.

The selection of games offered by the sites is wide enough, but traditional roulette, blackjack, baccarat, and craps are the most popular among the players. The best Bitcoin casinos offer the game, both with the program and with real participants, while everything happens online, the bank is running a real croupier, and users can chat with each other.

Review of the most popular platforms

Gambling platforms allow you to get a chance to earn Bitcoins without investment. In order for the client to start the game, he is often given some satoshi for the first bets. The practice of allocating a certain number of free spins of roulette is also common – this is a no deposit bonus that gives a player a chance to gain a foothold in the game.

The choice of gambling sites is very wide, we will focus on only a few of the best Bitcoin casinos without investments:

• 999 Dice. This site in English with free Bitcoins offers a well-known dice game. The starting bonus after registration is 1 thousand satoshis and is issued 200 satoshis every 5 minutes. When you reset your account, you can again claim a bonus, and not only in BTC but also in other cryptocurrencies (Doge, Ethereum, Litecoin). When communicating in the chat, you need to catch a special button, clicking on which can make it possible to replenish your account in all four specified currencies.
• FortuneJack. On this resource, it is possible to place bets with a dozen cryptocurrencies; there is an internal exchange office for converting them. There is a no deposit bonus here, but it is too small for a full-fledged bet. Gamers are offered roulette, craps, poker, bingo, keno, etc. You can play with real dealers and slot machines. There is a loyalty program with an increasing cashback and a bonus on the first deposit in the amount of 100%. Those interested can trade on binary options.
• BitStarz. Bitcoin casino with no deposit registration bonus. The program gives a new participant 20 free spins, and when making the first deposit of at least $150, another 180 free spins. Participants can choose from several dozen different BTC games.
• Bitcong. In this project, users are offered to play a game, in essence, similar to the well-known “Minesweeper”, in three difficulty modes. After registration (it is better to go through Facebook), new customers are given a bonus of 10,000 satoshis, you can withdraw coins after accumulating 100 thousand satoshis. For those who have lost “zero” on the site, there is a faucet on which you can earn every 10 minutes for 1 thousand satoshis.
• Primedice. Here you can play the crypto coin doubling generator. For starters, a no deposit bonus is given after a simple registration. Before starting, it is important to understand the rules and possible strategies of the game. You can play in manual and automatic mode.

In addition to these, there are many more resources for gamblers. Let’s just list some of them: 1xBit, Bitcasino.io, BetChain, CloudBet, CryptoWild, JetSpin, and many others.

What should you look for when choosing an online casino?

It is almost impossible to be 100% insured against fraudsters. However, you can reduce the likelihood that you will start playing on the site of the SCAM project, which either does not allow you to win or does not pay out the earned coins. When choosing a casino, it is recommended to pay attention to the following list of points:

• Jurisdiction. First of all, you need to find out in which country a particular gambling platform is registered. Today gambling business is legal only in 85 countries, and often these are small island states (Malta, Antigua, and Barbuda). It can also be allowed in some American states. Make sure the casino is operating legally. This will increase the likelihood that you are visiting an honest project site. But that’s not all. Check how payments are made to your country of residence. Fairspin.io does not allow you to register at all if your IP is located in a country where gambling is prohibited or not regulated by law. Even if you were able to create an account, do not be lazy to write to the support service and clarify whether payments can be made to Australian counties.
• The presence of a license is an equally important indicator of honest service. Even an online project must have documents allowing it to run a bitcoin gambling business in Australia. Many sites do not hide their documentation and post it on the website (often in the “About the company” section). If there are no licenses, it is better to bypass this resource.
• HTTPS support is a seemingly obvious point, but not everyone pays attention to it. The presence of this abbreviation at the beginning of the address bar indicates that you are visiting the site of a real company and not some basement project.
• Software. Unfortunately, not even all honest BTC casinos post information about supported software. But if it is, it is a good sign. In addition, the site should contain information confirming the honesty of the games being played (for example, a description of the software protocol and the principles of its operation).
• User agreements. This is the case when they must be read, and not just put a tick in front of “I agree.” A long text may contain small nuances, based on which they will not pay you money later. And you will not be able to present anything to such a casino, because you yourself agreed to the proposed conditions.
• Reviews are another thing that should not be forgotten. It is clear that now there are many custom reviews, but on forums and specialized sites, you can still find honest reviews about a particular site. Moreover, there are resources that track the current status of Bitcoin faucets and best Australian online casinos bitcoin: whether they are working, paying, or not.

In some cases, it is possible to suspect that something was wrong too late. This usually happens during the payout phase. Of course, delays in transactions are possible on honest resources, but if the transfer does not arrive for more than 4 days, technical support is silent and there is no information explaining the reasons for the delay, most likely you ran into SCAM. Here players can no longer hope for a favorable outcome.

Taking into account the fact that you trust the casino with your own funds, the check of the gambling establishment should be carried out with all responsibility and scrupulousness. Before registering on the site, be sure to read all the points of the User Agreement, which will save you from possible unpleasant surprises during the game.

Advantages in the field of online games

The main advantage as a means of payment is that this method avoids the restrictions that exist in some countries. As you know, if money comes to your account, you must report it to the state authorities, and they will be taxed. This also applies to gambling winnings. Unlike bank accounts, governments cannot control cryptocurrency transactions, so if you choose a gaming site that accepts Bitcoins and you win, then you can easily withdraw your winnings from your e-wallet, and this amount will not be taxed.

However, the complexity of such a scheme will be that it will be necessary to use a cryptocurrency without transferring it, for example, in dollars and euros, and without sending it to your bank. Otherwise, you will again obey the laws of your country and the tax office will be able to track these receipts. One of the possible options is to spend the winnings in online stores. Thus, from the moment you made money until you spent it, you will not need to convert it into AUD, dollars, or euros.

Cryptocurrencies are becoming more and more popular every year. There are many hotels that accept them, so you can even pay for your vacation with winnings. More and more houses and apartments are being sold for Bitcoins. Although, of course, such large transactions are sometimes controlled by the state. In general, this is a very growing and changing market, and every day there will be more and more new places on the Internet where you can spend your earned money.

An additional advantage is also confidentiality and the absence of risks that are always associated with online transfers. In addition, there are gambling sites that accept other popular cryptocurrencies – Ethereum and Litecoin.

Confidentiality

For those who are concerned about the safety of their personal data, bitcoin is an excellent choice as its use does not require entering personal information or even credit card information. Thus, confidentiality and anonymity will be guaranteed.

To play, you will need to register a bitcoin wallet, to which a unique address will be linked. It is important not to give your username and password to anyone and hide it securely. Since anyone, knowing this data can withdraw your funds.

Welcome bonuses

Gambling sites stimulate potential customers with special bonuses that can only be obtained with this cryptocurrency, so using it gives you an additional chance to win.

With this type of bonus, if you register on a new gaming site and make the required deposit, then an additional amount will be added to your account. In some cases, the bonus is up to 30% of the total income, which is very tempting, because the chance of winning immediately increases. In addition, you can constantly register on new sites and thus earn even more. Below are the benefits of using Bitcoins:

• There is no commission for transfers. This is not entirely true, because commissions are taken on every transaction. They depend on the speed of receipt of funds. If you are willing to wait, then the commission will be lower.
• Translation takes less time. This is true. Withdrawals by bank transfer can take up to 48 hours. However, using Paypal or e-wallets, the process of depositing and withdrawing funds is much faster. Therefore, this advantage is not so significant.

Some useful tips for beginners

Since the excitement often completely absorbs the user, we recommend using the advice from experienced users:

• In order not to play too much and not to lose all the money, it is advisable to take a short break every 15-20 minutes to drink tea and switch attention.
• If you are in a bad mood, you should not go to the casino, because in this case cold settlement gives way to excitement, and this is fraught with a quick zeroing of the deposit.
• It is better to play during the day or at night, but after a good night’s sleep. A sleepy tired participant subconsciously strives to complete the game faster, unjustifiably raises the stakes, and loses.
• You don’t need to place high stakes. It is advisable to bet no more than 1/17 of the cash deposit, in which case there will always be an opportunity to win back, and the chance of hitting the jackpot is, by definition, small.
• You should not refuse the offered free spins. A gamer is unlikely to earn a lot on them (this is the policy of the casino), but he will be able to try out one or another machine or pokie, as well as test his gaming strategy.

If you play with restraint and thoughtfulness, you can regularly stay in profit. And so that there is no temptation to increase rates, you need to regularly withdraw the earned coins from the service to your cryptocurrency wallet and convert them into fiat money.