Cryptocurrency Casino Numbers Explained

Betting at a cryptocurrency casino is straightforward if you know what you’re doing. One of the things that makes it a smoother ride for first-timers is understanding the numbers. If you familiarise yourself with the normal figures and values found at crypto casinos, you’ll feel more comfortable gambling with cryptocurrencies. Fortunately, we’ll walk you through the must-know information right here.

The Availability of Cryptocurrencies at Casinos

Firstly, it is essential to know how many and which cryptocurrencies are accepted at an online casino. Not every site takes them. Secondly, some will permit crypto deposits and convert your funds into a FIAT currency (usually USD) for gameplay. If this happens to be the case where you want to play, you’ll need to have a good grasp of the currency exchange rate from BTC (for instance) to USD. You wouldn’t want to lose out to poor exchange rates.

In the best crypto casinos, it is not uncommon to find options that include Bitcoin, Ethereum, Litecoin, Dogecoin, Bitcoin Cash, Tether (USDT), Ripple and others.

Depositing with Cryptocurrencies at Casinos

If you want to deposit at a cryptocurrency casino, you’ll need to ensure that your deposit falls somewhere between the minimum and maximum deposit limits. In most top cryptocurrency betting sites, the minimum deposit will be around 0.001 BTC. Maximum deposit limits can vary but will typically sit at around the 3 BTC to 45 BTC mark. In most cases, crypto casinos won’t charge you a fee for depositing, but your Bitcoin payment provider will likely do so.

Withdrawing Cryptocurrency Winnings

You should always ensure that it is going to be possible to withdraw using cryptocurrencies. Some sites accept BTC deposits but don’t permit the cryptocurrency to be used for withdrawals. You’ll want to avoid that eventuality. At casinos that do allow BTC and other crypto withdrawals, you’re often looking at a minimum withdrawal limit of 0.001 BTC. The best crypto casinos won’t have maximum withdrawal caps, so you can cash out whatever you win. Moreover, they are unlikely to charge you any fee for taking home your winnings.

Wagering Limits Explained

Another important cryptocurrency number to be aware of is the wagering limit. These are usually set based on the gambling laws of the country you reside in. For instance, the licensing authority and regulator may say that bets must be capped at 0.001 BTC per spin. Others may be more flexible. Check these as they will let you know just how much you can wager per spin or per hand.

Claiming Crypto Bonuses and Promotions

Finally, we should discuss cryptocurrency bonuses and promotions. There are a few different numbers to make yourself aware of here, but top sites like https://www.rollers.io/ are perfectly transparent in detailing them.

First up is the all-important wagering requirement. This figure will tell you how many times you must wager the bonus before you can withdraw your winnings. For instance, if you claim a bonus worth 1 BTC and has 30x wagering requirements, you’re looking at having to bet 30 BTC before you can withdraw any winnings acquired through bonus funds.

Secondly, you must look at the minimum deposit limit and maximum bonus cap on any bonus you intend on claiming. These tell you how much you’ll need to deposit to claim an offer and its maximum value. Casino bonuses are seldom worth more than a few Bitcoins.

Lastly, casinos tend to put caps on how much of your Bitcoin bonus you can use per spin or per hand, much like the wagering limits listed above. You must know this figure in advance if you want to see if a bonus is worth your while. You can find all this information under any promotion’s terms and conditions.