Slowly but steadily, Bitcoin casino and Jackpot games are becoming one of the leading online casino games in the world thanks to the juicy jackpots available for really small stakes. These are games that have the power to unleash huge prizes despite costing only pennies.
At the same time they are the most engaging casino games designed by a bright bunch of slot developers always looking to bring the best out of them in terms of design, bonus games and prizes that are fantastic.
If you are an experienced slot player, you are probably familiar with the basics of jackpot slots. But, for those that are new to online casino games, especially Bitcoin casino games, jackpots are something they need to understand from the ground up.
Basically, Bitcoin casino jackpots are based on the same principle like jackpots that can be won at online casinos that allow wagering only in standard currencies like dollars, euros or pounds. Here are some more details about this.
There are two kinds of Bitcoin casino jackpots: regular jackpots and progressive jackpots. Obviously, the more interesting ones are the progressive Bitcoin jackpots because they sometimes grow as crazy. The regular jackpots are fixed jackpot amounts that can be won when you hit the highest winning combination.
The jackpot amount depends on how high is your wager. For example, the highest possible wager gets you the highest possible jackpot. If a jackpot is 4000 coins, and you hit it with a wager of 0.0001 BTC, the jackpot amount won will be 0.4 BTC (4000 x 0.0001 = 0.4 BTC). That is somewhere around $600 dollars according to the price of one bitcoin at the moment.
But, if you win the jackpot by wagering the maximum bet allowed, which can range between 0.010 BTC and 0.03 BTC depending on the Bitcoin casino slot, then the jackpot would be 120 BTC, which is somewhere around $180,000!
Progressive jackpots on the other hand work differently. They grow as players wager until some lucky slot lover hits the winning combination. It can grow indefinitely, and it’s why they are the most popular types of jackpots.
When player’s wager, a percentage of their bet is added to the progressive jackpot pool. Sometimes only wagers from a single Bitcoin slot contributes to the pool, or from numerous slots. The more slots, the faster the jackpot grows.
The Bitcoin casino industry on the Internet is a relatively new one. On top of that, news about Bitcoin casinos are not that commercially widespread so there are very little data and statistics in terms of biggest wins or other, which is the opposite for non-Bitcoin casino records.
However, recently in February 2017, it was reported by gambling portals that an anonymous player won 259.74 BTC jackpot at a certain Bitcoin casino. This is a rare news piece devoted to Bitcoin jackpots won at online Bitcoin casinos.
Since the early times, when online casinos were launched, there have been many allegations about games being rigged and players not being treated fairly. If you've played casino games for a while, you probably experienced some of those ''unreal'' things happening. However, there are several reasons why online casinos are not rigged and will never be.
All casino games are designed in a way so that casino always holds an advantage over the player. Each of the games offered features this, some edges are significant, while others are relatively small. House edge is one of the reasons, why casinos have no reason to cheat. They hold a legal advantage and will always earn money from their players. If a casino was to rig their games, they would risk with loosing all their players, license and all of their guaranteed, legal earnings. Why would anyone ever want that?
Casino businesses are officially licensed by governing entities and are getting checked on a monthly basis. These licensing entities check everything – the fairness of games, payout percentages and even how fast a particular casino pays their customers out. If there's something shady going on, casino puts themselves at risk for loosing this license. Operating without a license is not possible, thus they put themselves at risk for being shut down.
While there are hundreds if not thousands of different online casinos, there are only a dozen software creators and providers. Software providers are creating everything from design to RNG (random number generator), so it's impossible for a single casino to make games unfair. Only ones, that would be able to are software creators. These are billion dollar companies, we are talking about. Again, why would they ever do that, if they are earning billions of dollars in a legal way?
Another reason for casinos not being rigged is legal action. Sure, there are plenty of people who have been cheating in order to earn money. There might be some in the online gambling industry too. However, when a particular casino is caught cheating its customers, not only they have to pay all the money back to their players, but they also face legal action and many years in the prison, most of the time.
It's ok. There's a way to feel even more secure in terms of fairness and security. You have to choose a legit casino! What does it mean? Legit or legitimate casinos are the ones, who have been around for years and earned great reputation. They are also widely known across the world, for their generous sponsoring of events, sports teams and so on.
Two of these legitimate online casinos are Bet365 and SlotLand. First is a huge company, that has been around since 2001. By offering some of the widest forms of gambling, Bet365 (click here to visit) is certainly a name you can trust!
SlotLand is a great alternative, as it accepts USA players. Click here to visit their website. SlotLand is known for their online slot games, as these are made by themselves and are not shared across a network of online casinos. You won't be disappointed by joining either of these two.
If you have decided to play at an online casino, then you are in for an exciting time. However, you should pay attention to these simple tips for online casino fans so you can jump right in and begin seeing the best results possible:
The birth of the Internet brought about new ways people can do things, including playing their favorite online casino games. Online casinos have grown in popularity as more people realize just how much they have to offer. Here is a complete guide to playing at an online casino:
The first thing you should do when you decide to play at an online casino is learn all you can. There are many resources to guide you. Some of them include articles, reviews, and online casino forums. These will help teach you about the different features, what to look for, and how to go about playing.
You will want to choose the right online casino for you. Things you need to consider will be the software it runs on, the available games, the layout, bonuses it offers, its reputation in the online casino community, and the accepted banking means. If in doubt, try Bet365 - our test-winning online casino. This casino does not accept US-based gamblers, so if you are in the US, we highly recommend to check Slotland instead. Or, read our reviews to find the right place to gamble online.
Once you choose the best online casino for you, the next step is to download the software and register for your new player account. Registration only requires you to enter some basic information about yourself. This process takes only a few moments and the online casino will walk you through it.
The bonuses come in all shapes and sizes. Most online casinos do have a welcome bonus and there may be a bonus code you need to insert either while you are registering or while you are making your first deposit into your player account.
Once you are registered you need to fund your account so you have money in your account to play with. There are different methods you can use and some of them will already be very familiar to you. Some of the more recognizable methods are credit cards, prepaid cards, and eWallets. Most of the banking methods do allow you to transfer funds instantly so you can begin playing the games right away.
When it comes to playing the online casino games, you want to be sure you read the instructions so you know how each one is played. If you want to play a new game you have never played before, play in the free games while you are learning. This allows you to learn without risking real money. There are also articles online which will teach you the different games, many online casinos provide you with these articles and they can be accessed for free of charge.