A Guide to Finding Secure Bitcoin Casinos
Bitcoin casinos are just about everywhere now. However, the problem is that not all of them are reputable. In fact, some are nothing but scams.
Thankfully, if you are looking to gamble with Bitcoin, you’ve got options. You just need to follow this quick guide to ensure you’re gambling somewhere secure and reputable.
Check Site Licensing
Your priority is ensuring that a website is licensed in a reputable region. An online casino should say exactly where it is licensed, near the bottom of every page. Make sure to check the license to ensure it belongs to your selected online casino.
If you check site licensing, you’ll be 90% of the way towards finding a secure Bitcoin casino. This is because licensed websites need to conform to some very specific rules about what they can and can’t do. They need to legally prove they are safe for the gambler. They need to prove they are fair. They need to prove they can manage their customers’ funds in the right way.
Never, ever, play at an online casino that is not licensed. You’ll just be setting yourself up for a ton of issues later down the line.
Provably Fair Gaming
Provably fair gaming is a system that is set up so gamblers can check their gambling is fair. This means that the game has not been manipulated to ensure the gambler isn’t winning as much as they should be winning. Unfortunately, there are a few less-than-legitimate online casinos out there that manipulate the odds of their games, and players lose a lot of money. You need to avoid these scams.
Provably fair gaming will keep a log of transactions made through a particular game. The stats should be open, and the online casino should provide details of how to check these stats. Avoid any online casino that does not allow you to do this.
Site Security
If you are gambling at a licensed platform, this part is unlikely to become too much of an issue. This is because licensed online casinos are required to be secure platforms. Still, it is worth checking.
At the very minimum, the platform needs to be behind a secure server. When you are on the website, look at the address bar in your web browser. There should be an HTTPS:// before the URL, and a padlock somewhere on the address bar. If you don’t see that, the server is not secure.
You should also check that there are other systems in place for security. For example, you want there to be two-factor authentication (2FA). This will protect your account from being hacked.
There should also be a clear privacy and security policy that you can read through.
Bitcoin Withdrawal Process
You can tell a lot about the legitimacy of a platform by looking at the Bitcoin withdrawal process.
There should be no fees for withdrawal, and the process should be quick. We are talking virtually instant. If an online casino platform says they take days to weeks to withdraw your Bitcoin, you are never going to get that Bitcoin. The platform is insecure.
Read through the terms and conditions of the platform, too. Sometimes, you’ll see some red flags that indicate the platform may not be that great about handling withdrawals. For example, they may have strict terms about when and how much you can withdraw.
Reputation
Found a Bitcoin casino you like the look of? Well, great! We wouldn’t jump straight into it just yet though. Instead, look for reviews online about that platform. See what people are saying about it. Good Bitcoin casinos in Canada will have a wealth of positive reviews written about them. There may be a few negative things in there, as no site is perfect, but the vast majority of reviews should be positive. Obviously, you want them to be genuine reviews. It should be easy to tell which ones are genuine, particularly if you use a reputable platform for your review research.
Get a Feel for the Website
Honestly, 99% of the time, it is dead simple to know whether a site is secure or not. You can just look at it. Most crypto casino scams have horrendous website design. We’re talking major spelling errors, poor quality information, etc. If something feels a little bit off, the chances are that things are a bit off.
There are some scam online casinos, particularly those that deal purely in crypto, that have crazy casino bonuses in place. The whole idea is to try to lure people in. If something seems a little too good to be true, the chances are that it is.
Final Thoughts
These are just a few of the ways you can ensure you are playing at a secure Bitcoin casino. Follow these rules, and you should be fine almost every single time. Don’t forget to think about other non-security features when choosing an online casino, too, e.g. pay attention to the types of games you can play and, of course, if there are any cool bonuses to enjoy.
This publication is sponsored and written by a third party. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned.
Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.
