Getting started with crypto casinos – A complete guide Cryptopolitan Media | usagoldmines.com

We have all heard of traditional online casinos, and games like blackjack, poker, dice, and more. However, inefficient transactions and a lack of privacy/security are the biggest concerns among players who play games in such casinos. 

Crypto casinos, on the other hand, fuse together traditional casinos with de-fi. The result? Fast and efficient transactions, high security, and often no need for KYC. For instance, platforms like bets.io let you play a huge range of classic casino games using cryptocurrency without an ID. 

The fact that registration on bets.io takes an instant (all you need is an email) and payouts are instant means that you can play on the go. And since no ID is required, you don’t even have to worry about social stigmas related to online gambling. 

But since the crypto casino narrative is currently hot and trendy, a lot of scam platforms have also popped up. As such, users need to make sure that they are only playing in licensed and legitimate cryptocurrency casinos. 

In this guide, we will teach you how to get started with crypto casinos.

Choose a reputable crypto casino

What makes a crypto casino reliable? Some players may answer, “a wide range of betting options.” But that’s not entirely the case. Most crypto casinos offer a seemingly unlimited number of games but they’re lacking when it comes to transparency and efficiency in payouts. 

There’s no point of risking your money in a casino where payout is either not guaranteed, or delayed indefinitely with no options for a follow up. Hence, guaranteed payout (such as on bets.io) is the only main factor that determines whether a crypto casino is legitimate and trusted. 

Fairness and licenses

Imagine going to a casino where all the games are rigged in the favor of the house. In such a casino, you can never expect to win in the long run. Yes, traditional casinos do often create rules to ensure that the house wins 70% of the time. 

Even some unlicensed crypto casino platforms have unfair and rigged systems, where the players will always lose in the long-run. Such platforms are often hard to discern because their flashy designs and user-interfaces are very similar to the reputable casinos. Hence, fairness is the first and most important aspect that you should look into. 

Besides that, the casino should also be licensed. This ensures that the platform has been thoroughly audited and trusted by third-party organizations. Licensed platforms are also less likely to indefinitely hold your deposits or run-away with your winnings.

Support for many cryptocurrencies

It is one of the few factors that may not be a big deal for most players, yet it’s a nice addition. Provided that a platform is legit, players often will make-do with a lack of support for cryptocurrencies. After all, one can quickly swap crypto using any dex or a centralized exchange like Binance or Coinbase. 

So, support for a wide range of cryptocurrencies is like a cherry on the top. It’s not necessary, rather nice to have. Crypto casinos like bets.io support various coins like BTC, DOGE, LTC, XRP, ADA, DAI, BCH, ETH, USDT, TRX, BNB, and more.  

No identity verification or KYC

KYC (know your customer) is often a requirement in traditional casinos, and crypto casinos. Platforms like these often want to log your real name, home address, government identification documents, phone number, and more information. 

However, that goes against one of the major tenets of de-fi and cryptocurrencies, which is anonymity. Also, most people are not comfortable providing such details to a casino, as they want to keep such activities a secret from their friends and family. 

Certain casinos like bets.io, continue to uphold user anonymity, and allow players to register simply with an email. No other documentation is required to play, win, and cash out.

Generous bonuses

Most crypto casinos offer certain bonuses on daily, weekly, or monthly time-frames. There’s also sign-up bonuses, deposit bonuses, cashbacks, and more. It’s a way for them to give back to the community of players. 

Bets.io follows a similar approach, and offers incredibly generous bonuses. When you make your first deposit, you can win a 100% bonus up to 1 BTC and 100 free spins. Similarly, the second deposit gives you 75% up to 1,000 USDT along with 75 free spins. There’s more, you can also get daily 10% cashbacks, a weekend reload bonuses, and a lot more.

Register at the casino

Most crypto casinos that don’t require an ID have a simple registration step. All that you have to do is provide your email address, set a password, and that’s it. Then you will be able to make a deposit and start playing games.

In this guide, we will be using bets.io since it’s a no-ID casino that’s trusted, and legitimate.

Set up a standard crypto wallet like Phantom

The first step is to set up a cryptocurrency wallet. Later, you will connect this wallet to the cryptocurrency casino. As a general safety measure, never use your main wallet. 

Note that your choice of wallet will depend on which cryptocurrency you want to use in the casino. In this case, we are using the Phantom wallet, which supports Solana, Base, Polygon, Ethereum, and Bitcoin assets.

It is always recommended to create a new wallet specifically for casinos, in which you should load funds that you’re comfortable with losing. This helps prevent compulsive gambling. 

1. Go to Phantom.app and click on “Download for Chrome.” The website will automatically detect your browser and provide you the relevant button for download.

2. Chrome’s web store will open, after which you need to click on the “Add to Chrome” button to download the Phantom wallet extension to your browser.

3. Click on “Create a new wallet” or “I already have a wallet.” In this guide, we are going to create a new wallet.

4. Enter a password for your new wallet. Then view and save your secret recovery phrase, and click on “Continue.”

5. Now click on “Receive” to add funds, then choose your preferred cryptocurrency. In this guide, we chose Ethereum. Then copy your wallet address and send funds to it from a centralized exchange like Binance or Coinbase.

Now your Phantom wallet is ready, and you’re ready to make a deposit on bets.io and start playing various casino games.

Make a deposit 

1. Go to bets.io and click on the “Sign up” button.

2. Enter your email and password to create an account. 

3. Click on the “Deposit” button in the top right corner of the screen, or choose “Buy Crypto” to purchase & deposit in Bets.io directly via Moonpay.

4. Copy your ETH address or choose a different cryptocurrency, and send your funds to this address in order to deposit them into bets.io. Alternatively, choose “Buy Crypto,” add your buy amount, and click on “Buy via MoonPay” using a VISA or Mastercard debit/credit card.

Choose the right game 

Once your deposit has arrived, you can choose any of your favorite games and start playing them. Bets.io has a wide range of games to offer, including Original games like Avia Fly, Bubbles, Chicken Road, Coin Flip,Crash, Cryptos, Diver, and a lot more. 

Of course, it also has all the classic casino table games like Roulette, BlackJack, Poker, 1bet, 5bet, 7bet, DoubleX, and a lot more. 

There’s also an endless range of slot games such as Lucky X, Le Pharaoh, Sugar Rush 1000, Gates of Olympus 1000, Big Bass Vegas, Sweet Bonanza 1000, and a lot more. 

After choosing a particular game, wait for it to load. You can choose from between “Real Play” and “Fun Play.” In real play, you’re going to be wagering real money or cryptocurrencies. However, in fun play, you won’t be losing anything. 

Hence, the fun play option is great for those who want to try out new games and learn to play certain games without wagering real money. 

After loading a certain game (in this case, we’re playing “Gates of Olympus 1000” on bets.io), all you need to do is set a wager amount and then test your luck. However, we always recommend playing casino games very responsibly to avoid burning out your portfolio.

Tips for winning at crypto casinos

Set a Budget

Determine how much money you’re willing to spend before you start playing. You should be able to afford to lose this budget. Respect your limit once you’ve established it. This keeps your gaming fun and helps avoid overspending.

Make Use of Bonuses

A lot of cryptocurrency casinos provide incentives and promotions. Make sure you utilize these offers to the fullest. Free spins, deposit matches, and cashback are a few examples of bonuses. They boost your chances of winning by giving you extra money to play with.

Choose a licensed and legitimate casino

Look for no-KYC (Know Your Customer) choices while choosing a casino. There is greater privacy because these casinos don’t require a lot of sensitive information. Make sure the casino has a license as well. A regulated, licensed casino provides a more secure and equitable gambling environment.

Study the games

Spend some time learning the rules and strategy of a game before you start playing. Gaining an understanding of the game’s mechanics can greatly increase your chances of winning. Make use of the lessons and free game versions that many casinos provide.

Don’t gamble compulsively

Knowing when to quit is just as important to successful gambling as winning. Establish victory and loss caps for every session. If you make enough money, you should think about cashing out. In a similar vein, give up once you’ve lost too much. You may keep things under control and resist the need to chase losses by practicing this practice.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Staked Ethereum dominated by top 10 entities with the biggest influence Hristina Vasileva | usagoldm...
Global crypto holders reach 617M, with 60M monthly active users: Report Jai Hamid | usagoldmines.com
Bitcoin Price To $130,000 By January, Here’s The Roadmap Scott Matherson | usagoldmines.com
DeFi protocol Radiant Capital loses $48 million in second exploit this year Gino Matos | usagoldmine...
Trump’s WLFI crypto token falls short of fundraising expectations Jai Hamid | usagoldmines.com
New whale wallets now hold nearly 2M Bitcoin, up 813% YTD Hristina Vasileva | usagoldmines.com
Tether’s USDT sees 36 million new users in Q3 as on-chain adoption surges globally Cryptopolitan New...
Ripple’s XRP, Solana, And Avalanche In Focus As Grayscale Pushes To Broaden Crypto ETF Lineup Brenda...
Tesla Shuffles Bitcoin Holdings as BTC Soars: Internal Moves or Market Exit? Newton Gitonga | usagol...
Dogecoin Is The Top ‘Trump Victory’ Trade, Says Investment Firm CEO Jake Simmons | usagoldmines.com
Siam Commercial becomes first Thai bank to adopt stablecoins for cross-border payments Assad Jafri |...
Crypto could solve some of AI’s most pressing challenges – a16z Gino Matos | usagoldmines.com
Radiant Capital allegedly hacked and $51m stolen Enacy Mapakame | usagoldmines.com
Ripple announces partnership with the International Rescue Committee (IRC) to help people in crises ...
Bitcoin Breaks Past $67,000 After Spot ETFs See Highest Capital Inflows In Months Christian Encila |...
PayPal’s PYUSD Stablecoin 40% Marketcap declines from $1 Billion peak in August Collins J. Okoth | u...
A critically acclaimed RPG hits Xbox Game Pass Noor Bazmi | usagoldmines.com
Binance is the most downloaded crypto app in September Hristina Vasileva | usagoldmines.com
Tesla moves 11,500 bitcoins to unknown wallets raising concerns over possible liquidation Collins J....
Donald Trump Takes 19% Lead Over Kamala Harris on Polymarket Julia Smith | usagoldmines.com
Shiba Inu coin price prediction 2024-2030: Is SHIB skyrocketing soon? John Palmer | usagoldmines.com
Crypto Analyst Says Bitcoin Price Can Port To $86,600 If It Breaks This Level Scott Matherson | usag...
Ripple commits $1M to boost crisis aid with blockchain and RLUSD stablecoin Oluwapelumi Adejumo | us...
Bitcoin Whales Ramp Up Accumulation: What’s Next For BTC Price? Brenda Ngari | usagoldmines.com
How The Israel-Iran War Could Shake Crypto Prices, Explains Arthur Hayes Jake Simmons | usagoldmines...
Bitcoin’s climb to 10-week high driven by institutional interest, whale accumulation Assad Jafri | u...
Warren and Deaton Clash Over Crypto in Senate Debate Victor | usagoldmines.com
EU regulator ESMA calls for stronger cybersecurity measures in crypto’s MiCA Jai Hamid | usagoldmine...
Is Elon Musk Dumping Bitcoin? Tesla Moves Entire $765 Million BTC Stash To Unknown Wallets Brenda Ng...
Experts Are Quietly Accumulating This Meme ICO – Here’s Why They’re Betting on Big Gains  Joel Frank...
Bonk Price Forecast: 4% Drop as $400 Million Hits the Market – Is Now the Time to Buy? Simon Chandle...
New Meme Coin Flockerz Raises $700K in Presale as ‘Uptober’ Sizzles Gary McFarlane | usagoldmines.co...
Best Crypto to Buy Now October 16 – Dogecoin, Litecoin, Bitcoin SV Joel Frank | usagoldmines.com
Italy Plans to Increase Crypto Capital Gains Tax to 42%: Report Jimmy Aki | usagoldmines.com
Shiba Inu On The Brink Of A 400% Rally, Analyst Says—Will It Deliver? Christian Encila | usagoldmine...
El Salvador’s ‘cool dictator’ unbothered that 92% of population don’t use Bitcoin Shraddha Sharma | ...
Italy set to hike Bitcoin capital gains tax from 26% to 42% Jai Hamid | usagoldmines.com
All the big Xbox Series X/S games coming soon: October and November 2024 releases Collins J. Okoth |...
Bitfinex hacker faces 5 years in jail; Will he flip again? Ashish Kumar | usagoldmines.com
Kraken exchange unveils the EigenLayer restaking protocol for non-U.S. investors to restake ETH Coll...
Dogecoin’s price increased as Elon Musk announced “Department of Government Efficiency” Noor Bazmi |...
Elon Musk has donated nearly $75 million to Donald Trump’s campaign Jai Hamid | usagoldmines.com
Meme tokens overtake DeFi narrative as mindshare shifts on social media Hristina Vasileva | usagoldm...
Bitcoin All-Time High Within Sight as Whales and Retail Investors Make a Comeback Muthoni Mary Kiama...
Bitcoin All-Time High Within Sight as Whales and Retail Investors Make a Comeback Muthoni Mary Kiama...
XRP Price Analysis: Ripple CLO Shares Key Updates in SEC Appeal – Will This Boost XRP? Harvey Hunter...
ESMA Pushes for Stricter Crypto Regulation, Proposing Mandatory Cyber Audits Jimmy Aki | usagoldmine...
Bitcoin Analyst Reveals Best On-Chain Metric For ‘Day-To-Day Trading’ Keshav Verma | usagoldmines.co...
Bitcoin dominance hits new cycle record of 58.8%, highest since 2021 Liam 'Akiba' Wright | usagoldmi...
Crypto liquidations hit $280 million as long and short positions bleed amid market volatility Liam '...
Tether’s USDT reaches 330M wallets from explosive Ethereum L2 and TON network growth Oluwapelumi Ade...
Solana Price Forecast: Grayscale’s ETF Move Could Propel SOL to New Highs Simon Chandler | usagoldmi...
Trump-Backed PAC Raises $7.5 Million in Cryptocurrency Donations Ruholamin Haqshanas | usagoldmines....
‘Crypto is the Future’ Says Trump, but WLFI Token Initial Sale Far From Target Hassan Shittu | usago...
Bitcoin Finally Breaks Above Falling Wedge Pattern—Here’s The Next Target Samuel Edyme | usagoldmine...
Tether CEO slams Italy plan to increase capital gain tax on Bitcoin to 42% Oluwapelumi Adejumo | usa...
Osprey Funds Launches BONK Trust Victor | usagoldmines.com
a16z co-founder denies having a stake in GOAT memecoin as token soars 144% in 24 hours Cryptopolitan...
Global central banks break away from the Federal Reserve Jai Hamid | usagoldmines.com
Wall Street firms are embracing asset tokenization (RWA): Bloomberg Report Collins J. Okoth | usagol...
Polkadot (DOT) Gearing Up For ‘Massive Breakout’, Will It Skyrocket To $20? Rubmar Garcia | usagoldm...
Trump’s World Liberty Finance attracts $11.5 million inflow across 8,500 holders Liam 'Akiba' Wright...
Cosmos developers race to dismantle North Korea-linked staking module amid security fears Oluwapelum...
Matrica Launches Flash: Display Your NFTs on Telegram Victor | usagoldmines.com
Tesla Moves 11,509 Bitcoin to New Wallets Victor | usagoldmines.com
DRIFE goes live in Dubai bringing retail dApps to the masses Lara Abdul Malak | usagoldmines.com
Following Massive XRP ETF Filing Momentum, Canary Capital Seeks SEC Approval For Litecoin ETF Brenda...
Cosmos Hub’s Liquid Staking Module Under Scrutiny Due to North Korea Ties Hassan Shittu | usagoldmin...
RWA Tokenization Market Poised to Surge 50-Fold by 2030: Tren Finance Ruholamin Haqshanas | usagoldm...
Bitcoin Price Nears $68,000; Trump’s Crypto Endorsement and Institutional Interest Rising Arslan But...
Crypto Exchange Listing and Delisting Announcements: October 14, 2024 Mao Orillana | usagoldmines.co...
Dogecoin Sees Sharp Decline: Over 106,000 Wallets Abandon The Memecoin Ronaldo Marquez | usagoldmine...
Grayscale to Convert Digital Large Cap Fund into ETF Victor | usagoldmines.com
Bitcoin will make a new all-time high before US election: Standard Chartered Jai Hamid | usagoldmine...
Trump doubles down on tariffs plan and Federal Reserve hostile takeover Jai Hamid | usagoldmines.com
Grayscale petitions the U.S. SEC to convert its mixed crypto fund into an ETF Collins J. Okoth | usa...
Ethereum Open Interest Sees Fastest Rise In 5 Months: Brace For More Volatility? Keshav Verma | usag...
Two Polymarket whales bet $4 million for Trump across 1,600 trades in 24 hours as odds hits 59% Liam...
Marathon Digital explores strategic growth with $200 million loan collateralized with Bitcoin Oluwap...
HouseParty’s CEO Unveils ‘Towns’ on River Protocol Camille Lemmens | usagoldmines.com
Cosmos may hold critical vulnerabilities, carries code injections by North Korean hackers Hristina V...
Curious case of the world’s first crypto country – Just how far can Liberland go before it gets cras...
AI Bot’s Meme Coin Endorsement Sparks 8,000% Surge: The GOAT Token Phenomenon Explained Oliver Dale ...
John Deaton Debates Elizabeth Warren on Crypto Regulations Ruholamin Haqshanas | usagoldmines.com
Grayscale Files With SEC to Convert Multi-Crypto Fund Into ETF Sujha Sundararajan | usagoldmines.com
TikTok Faces Allegations of Running Crypto Exchange-Like Operations in UK Shalini Nagarajan | usagol...
Bitcoin Breaks Through $65,000, Is “Uptober” Rally Just Getting Started? Ash Tiwari | usagoldmines.c...
SingularityDAO, Cogito, and SelfKey Merge to Form AI Project Victor | usagoldmines.com
Top Crypto-Friendly Countries for Businesses in 2024 Lawrence Mike Woriji | usagoldmines.com
Why are Memecoins Trending Over Bitcoin? Lawrence Mike Woriji | usagoldmines.com
Blockchain Data Reveals Lackluster Response To Trump New Crypto Token Launch Ronaldo Marquez | usago...
Autonomous AI agent amasses $500,000 in crypto after spurring memecoin movement Assad Jafri | usagol...
Andreessen and Horowitz’s $5M donation to pro-Trump PAC hints at crypto policy influence Nellius Ire...
Ripple-led funding round raises $25 million for Bitnomial’s perpetual futures trading platform Colli...
Institutions Pile Into Bitcoin As Retail Sells—A Bullish Signal For The Market? Samuel Edyme | usago...
Crypto News | Ripple (XRP) Price Prediction for This Week Duo Nine | usagoldmines.com
Crypto News | Shiba Inu (SHIB) Price Prediction for This Week Duo Nine | usagoldmines.com
Crypto News | Tesla Moves Entire $760M Bitcoin Stash, Is Elon Musk About to Sell Again?  Martin You...
Grayscale ETF Revolutionizes $524 Million Crypto Investment Qadir AK | usagoldmines.com
Peter Schiff Mock Michael Saylor: Is Trump’s Meme Coin More Valuable Than Bitcoin? Mustafa Mulla | u...

Leave a Reply