The popularity of Bitcoin is growing significantly across the globe. This digital money system doesn’t take physical forms like bills, but it’s stored in e-wallets and exchanges in BTC. The main Bitcoin feature is that it uses a decentralized blockchain system, that makes Bitcoin transparent and anonymous at the same time. It means that no government or any other people are able to control or issue the currency. In other words, it has no central bank, therefore it runs in the peer-to-peer market.
Bitcoin in online casinos
Bitcoin gambling has become extremely popular over the recent years. As a result, many NZ casinos accept cryptocurrency as a new payment method. Online casinos accept Bitcoin, as well as other traditional payment methods, such as credit or debit cards, e-wallets, and prepaid cards. Now, BTC is a convenient, fast, and safe deposit method for Kiwi punters.
How to gamble with Bitcoin
Playing top NZ gambling sites allows deposit using Bitcoins, which are then converted to the fiat currency, and back to the BTC during the cashout. However, some casinos offer Bitcoin games, allowing players to use Satoshis, rather than fiat currency.
Pokies, table games, live games use the Provable Fair model of gaming. Provably Fair is an excellent perk of Bitcoin games, since it allows players to verify every bet to ensure the fairness.
Another important perk of Bitcoins is fast deposits and withdrawals. By gambling with Bitcoin, you avoid all difficulties concerning fiat currency, because Bitcoin is not regulated by the government. All the transactions are fast due to the quick verification on the blockchain, and sometimes, the process can be even instant. Withdrawal process requires only the amount you want to cashout, and the Bitcoin wallet address.
Promotions and fees
Additionally, most casinos provide third party payment services, and the player has to pay fees, however, with Bitcoins you avoid this additional fees, since there is no third party. Also, there are many exclusive bonuses and promotions specifically for Bitcoin users.
Using bitcoin, NZ punters will be getting the fastest and the safest ways to deposit money to online gambling sites. You can be absolutely sure in privacy of operations from banks and government. All in all, we can say that Bitcoin gambling is the future of online casinos. The only drawback is a lack of bitcoin casinos, who accept Bitcoins. Nevertheless, in the near future we expect to see a lot more such casinos.
While you search for the online casino, you might have noticed that all of them are practically the same. It applies to games library, offers section, banking options and even overall layout with general ‘About us’ articles are almost identical. Sometimes they have no other difference except for the name.
The fact is the gambling sites are operating within one and the same owner company. But don’t exaggerate. It doesn’t mean that all online casinos found in the world have one owner. There are many companies, they are different with their unique service and regulations. It happens easily. One single owner creates a casino, then he widens the borders and opens another one and so on. The similar online casinos are called sister-sites.
Here are a few examples of the identical online casinos:
- Genesis Group owns Casino Planet, Kassu, Spinit and etc.
- LeoVegas Gaming operates LeoVegas, Slot Mob, Pink Casino.
- MT SecureTrade is the head company of Guts, Cashmio, Rizk, Dunder and others.
Is it safe?
You need to know that sister casino sites are equally trustful. Several online casinos with one owner don’t mean that they are fake. The owner company just wants to have more customers by implementing new casinos.
The same gambling sites work according to their company regulations. They provide the same safety and overall service including the support centre. In fact, the support team is one for all the casinos in a holding. If you ever refer to a call centre, the first question will be: what online casino do you play at?
There are a couple of disadvantages with the sister sites. First, each similar site is a separate entity on the whole. So, if you want to join another site of the same owner, you will have to pass the registration step once again. There is a beneficial point too. Signing up to each sister site you will still get the welcoming bonus. The second disadvantage is banning. If you get banned by one site in the holding, prepare for the blocked access to the other similar sites.
The era of innovative technologies and artificial intelligence has reached online gambling too. In fact, both online casinos and players can apply cyberbots to the games with a purpose of outsmarting.
Players who are very good at computers and relevant programs create the bots with algorithms for winning. They do it for two reasons. First, they want to outsmart online casinos, in a word, to win. Second, they simplify the gameplay for themself. They no longer play, they win with a perfect strategy.
On the other hand, online casinos implement cyberbots to stay in advantage. In other words, to keep the edge in house. Mainly, the bots are created for table games like poker or roulette, and ever-known blackjack. To tell the truth, players have two problems with games that prevent them from winning. They are the programmed bots and the codes generated by a computer to shuffle cards, deals and so on.
In order to outsmart the online casino cyberbots, you need to know the algorithms of the bot and code. Actually, it is very easy to figure out if your opponent is a bot. It follows the same patterns and refers to general statistics. It also ‘thinks’ the same certain amount of time. No more, no less, a couple seconds and it gives the result.
All in all, the method to outsmart a cyberbot of an online casino is to recognize the patterns it uses. Simply put, if you know the strategy of an opponent, you know how to beat him. The algorithms are identical and consistent. So, if you understand the rules of table games, and have just a little knowledge of information science, it will not be a problem for you.
Random number generators are responsible for the operation of slots in online casinos. This is the special program responsible for the random loss of winnings. They work on all machines, video slots, even roulette. This ensures unpredictable and fair gameplay.