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How To Get Started With Bitcoin Slots
How do you get started using your Bitcoin cryptocurrency in a Bitcoin casino context?
Overall, it’s not that hard to find and utilize these fun modern gaming setups. These days, there are many casino platforms available offering fun and easy Bitcoin slots and other games, as companies compete to offer great player experiences and gain market share with advanced gaming venues.
Here are some of the steps that you want to take when gearing up to take advantage of easy Bitcoin play in a digital casino environment.
Acquire Your Crypto Stake
With all of the Bitcoin on-ramps available today, it shouldn’t be too hard to find a way to exchange your fiat dollars for Bitcoin.
It’s important to remember as you’re doing this that there’s a particular context around Bitcoin.
Bitcoin was created to be a payment medium, kind of like casino chips, or money that you spend on a cup of coffee or something else.
However, the volatility of Bitcoin meant that stakeholders quickly realized it functioned as more of an investment product than a payment medium.
That leads to a particularly important caveat – that while you’re using your Bitcoin in a casino, the value of it is also going all over the place on the greater market. So that means that you can win or lose Bitcoin, but your Bitcoin will be worth more or less dollars according to what the market did during a given time frame.
Keep that in mind as you set up. Alternatively, you can choose cryptocurrencies with lower volatility, such as Litecoin or other ‘altcoins’ that have emerged as crypto matures. The early success of Bitcoin has led to the making of many blockchain coins and tokens, each of which has its own characteristics and its own utility for users. Some, like Dogecoin, were created on a whim. Others, like Cardano (ADA) are being put together in deliberate ways by data science professionals and academics. Bitcoin casinos are integrating many different trading pairs to allow players to move between blockchain systems conveniently, or “cash out” crypto into fiat, or vice versa.
Set Up a Wallet
Before you get started pulling the digital handles of innovative Bitcoin slots, you’ll also want to have a digital wallet set up.
A digital wallet is simply a file space in which to keep your cryptocurrency holdings in the form of blockchain data.
When you’re using or transferring your cryptocurrency, it’s necessary to have it connected to the Internet. But experts recommend disconnecting your winnings from the Internet as soon as you’re done with a transaction or a session. Because of the ubiquity of hackers and the many ways that they can reach into your pocket through the Internet, cold storage is widely hailed as a best practice.
With that in mind, it’s important to remember that if you lose your physical hard drive while it’s disconnected, you will also lose all of your value. The nightly news abounds with stories of hapless Bitcoin holders who were careful enough to keep their massive amounts of Bitcoin capital in an off-line wallet, but not careful enough to remember the key, or to keep from losing their wallet!
Set Up Casino Accounts
Then, after all of this has been accomplished, you’ll be able to go forward with your Bitcoin in hand and set up casino accounts to start playing.
One of the great things about crypto casinos is that the traditional bank verification process does not apply. Casinos may take some of your information according to government requirements – but they will not need to use payment facilitators like PayPal and Stripe (or any other similar process) for bank verification. That’s because cryptocurrencies are inherently consensus-based in terms of authentication. The stakeholders create verification on their own, so that there is no need for an outside party to evaluate ownership.
Look for Benefits
Here’s another thing: as you’re playing with Bitcoin casinos, you’ll see different kinds of offerings and platforms out there. Which ones are the best?
Aside from having good regulatory compliance and an intuitive interface, the best casinos have a lot of Bitcoin slots, and a lot of prizes.
Some offer cash back on all of your player holdings, which means that you’re actively gaining value as you play. Others offer level-up rewards or bonuses, which again, cause your stake to get bigger as you participate over time. The augmentation of your player holdings is a powerful way to change player psychology: instead of depleting your stack over time, and dipping in for more, you tend to gain value!
Think about all this as you prepare to enter the incredible world of Bitcoin slots and casino gaming. There are many appealing game casinos to choose from, and ways to use the power of blockchain to operate remote gaming collaborations.
Blockchain
Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity
Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.
This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.
Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”
This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.
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The Benefits of Playing at EU Casinos
There are many EU casinos that not only attract players from Europe itself but also from countries around the world, including the US, UK, and even those from countries where online gambling isn’t permitted. So why is it that EU casinos are so popular? What drives the online gambling community to these casinos?
Well, that’s what we’re going to be looking at today. What’s so attractive about EU casinos to people who are looking for an immersive and entertaining online casino experience? Why do people in the USA, the home of Las Vegas, go outside of the USA to play at online casinos?
Benefits of EU casinos
Online gambling is by far one of the most popular methods of gambling online. Throughout Europe, specific laws in each country can vary, so access to land-based casinos can sometimes be few and far between. Thus, going online to enjoy a casino experience has become a more preferable option. And so why EU casinos? Well, for those who are joining EU casinos from outside Europe and not from the UK or the US, the English-based support and customer service are very attractive. A lot of people who play at EU casinos access it using a VPN or from a country where they don’t have any domestic online casinos, and most of the time English is their first language or one that they can understand.
The next attractive factor regarding EU online casinos is safety and security. Each online casino in the EU is strictly regulated and licensed. It’s this reassurance that a lot of players look for when choosing an online casino to go to and play at. They are held to the same strict and high standards as those of their British counterparts in the UK, which are upheld and monitored by the UK Gambling Commission. In the EU, a lot of the casinos are also regulated by either the Malta Gaming Authority or the Curacao Gaming Licence Authority. All of which share the same standards and expectations as other authorities across theglobe,e which ensures that all players playing online at EU casino websites.
The casinos that are available online in the EU are also very open to a lot of different payment methods. There are even some crypto casinos where you can play casino games online with cryptocurrency. This openness to accepting a lot of different payment methods means a lot to people who like to play at online casinos. The vast majority of them also pride themselves on providing very quick withdrawals, which are measured in hours rather than days. After all, there is nothing more frustrating than having a big win and then having to wait days to get your hard-fought winnings.
And lastly, bonuses and promotions. The vast majority of EU online casinos will have a wide range of different bonuses and promotions that you can sign up for and take advantage of. There are certain countries, such as Sweden, where the online casinos are strictly limited to one bonus or one promotion; however, the vast majority of EU casinos are not subject to such restrictions and offer a great online casino experience.
When it comes to the popularity of EU online casinos, it is growing year on year. There is plenty going in their favour and more people than ever before are shifting to online casinos rather than having to go down to the casino themselves. The fact that they can access these EU casinos from their smartphones, wherever they are, means it’s easier than ever before to win big at a casino online and have a good time.
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William Hill Announced as Official Betting Partner of Qipco Guineas Festival
Leading bookmaker becomes official betting partner of first UK Classic meeting of 2024
William Hill has been announced as the new official betting partner of the Qipco Guineas Festival, the first UK Classic meeting of the season.
It’s the latest addition to William Hill’s spring racing roster, following sponsorship of The Lincoln Handicap at Doncaster, the Punchestown Champion Chase and its status as official betting partner of the Randox Grand National Festival.
The 2,000 and 1,000 Guineas headline the three-day meeting and the leading bookmaker will sponsor 15 races across the weekend with the Jockey Club Stakes, Palace House and Dahlia Stakes among the races now featuring the William Hill title.
Aidan O’Brien’s unbeaten superstar City of Troy is still all the rage for the 2,000 Guineas at 4/6 whereas Karl Burke’s Fallen Angel heads a competitive looking 1,000 Guineas market at 7/2.
“We’re delighted to become the official betting partner of the Qipco Guineas Festival, strengthening our relationship with The Jockey Club on the back of a fantastic Grand National Festival,” a spokesperson for William Hill, Lee Phelps, said. “It’s brilliant for William Hill to be associated directly with such a prestigious event at Newmarket, the home of the thoroughbred, for this season’s first two Classics. The company has a close connection with the history of the 2,000 Guineas as William Hill himself bred the 1949 winner, Nimbus, who then went on to win the Derby.
“We’re excited to be involved at racing’s key meetings and see the Qipco Guineas Festival as the perfect sponsorship as the British flat season kicks into gear.”
Newmarket – 2,000 Guineas: May 4, 2024
City Of Troy | 4/6 |
Rosallion | 4/1 |
Notable Speech | 12/1 |
Henry Longfellow | 12/1 |
Night Raider | 16/1 |
Alyanaabi | 16/1 |
Ancient Wisdom | 16/1 |
Task Force | 16/1 |
Ghostwriter | 16/1 |
Iberian | 20/1 |
BAR | 25/1 |
Newmarket – 1,000 Guineas: May 5, 2024
Fallen Angel | 7/2 |
Ylang Ylang | 4/1 |
Dance Sequence | 5/1 |
Ramatuelle | 10/1 |
See The Fire | 12/1 |
Content | 12/1 |
One Look | 14/1 |
Pretty Crystal | 14/1 |
Buttons | 20/1 |
Purple Lily | 20/1 |
Porta Fortuna | 20/1 |
Star Style | 20/1 |
BAR | 25/1 |
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