What do You Need to Know about Bitcoin Slots

Slots have always been the most played gambling game. It’s popular because it’s easy to learn and anyone can win big if they are lucky enough. Slots have also been one of the first games to accept the latest tech innovation. That’s why Bitcoin slots have quickly become a preferred way to bet for young players.

Since there are a lot of Bitcoin slot games out there, players should carefully study a slot game before they use it.  In this article, we’ll go over everything you should know about slot games and how to find it out.

What Kind of Payment Options Are There?

Bitcoin slots work the same as any other slot game but they use Bitcoin as a payment option. There are many advantages of using BTC as your payment option of choice. It’s safe to use, and it allows for fast and private transfers. Players who pay in crypto don’t have to provide any personal information to the casino.

However, it’s still a good idea to look for online slots that allow for multiple payment options including cryptocurrencies. Many slots allow their players to bet with both traditional fiat currencies and cryptocurrencies.

Return to Player Rate

Return to player rate is one of the most important statistics players need to learn about crypto slots before using it. The RTP refers to how much of the funds the player spends in the game returns to them after a while. It comes in the form of a percentage.

The return to player rate is always lower than 100 percent. This means that out of every $100 a player uses to wager on crypto slots, they get less than $100 back, in the long run. There’s always a small edge in favor of the house.

Volatility

Volatility is equally as important as the return to player rate and it’s just as important that the Bitcoin slot site is open and transparent about it. Volatility refers to how risky the slot game of slot is or how often it will produce a favorable outcome for the player.

The rule of thumb is that if a slot game is volatile it pays off more. The more risk the players take – the bigger the potential reward. The same goes in the opposite direction, slots that payout small winnings are less risky.

Bet Size

Slot games differ based on the amount you can bet. All slots have the minimum and maximum amount that a player can bet on a single spin. The chances of winning or losing are the same within a single slot game regardless of how much you bet, but the potential winnings differ.

Players tend to start with smaller bets as a way to learn about the game without losing too much of their own funds. Some slots also allow players to play a demo game, played for tokens, and therefore not lose any money at all.

Jackpots

Slot games allow for a variety of different jackpots and multipliers that are activated within the game and that trigger big payouts. These are triggered by a right sequence of symbols that differ from one slot to another. A player should carefully study the rules of the slot they plan to play beforehand.

In some versions of slots, a portion of each bet or each turn is allocated towards a big jackpot. The jackpot is activated based on a random numbers generator and a lucky player gets all of the funds that have accumulated in the common jackpot fund.

Bonuses

Many Bitcoin slots also offer bonuses to reward new or loyal players. These bonuses can come in many different forms but the most common ones are “free spins” and match deposits. That way the players get some bonuses just for signing up and they get others based on the deposits they add themselves.

The bonuses, however, aren’t free, even if they are called free spins. There are wagering requirements that the player needs to meet before they are able to withdraw the bonus. That’s the amount a player needs to wager from their own bankroll. A lot of the time the wagering requirement is higher than the bonus itself.

Software Developers

When picking the crypto slot to try out, it’s important to do your homework when it comes to software developers. There are countless different developers out there but only a few of the most famous and trusted ones. Choosing a software developer guarantees that the game is safe and well-produced.

New players that aren’t familiar with developers and how to find the ones that will suit their needs, will do best to only use the slots made by the developers they are familiar with. That way you may end up missing out on some smaller slots developers, but you can rest assured that the ones that you do use, are up to the standards.

Themes

Slots come in countless different themes and aesthetics. Some are as simple as retro slots made to look like the machines of old and others are based on pop culture or even created from scratch by teams of creatives. The gameplay and the chance of winning don’t differ based on the theme of the Bitcoin slot.

Many players choose which slot game they’ll use based on the theme alone. That way they make sure they’ll feel familiar and enjoy the game, they’ll spend hours playing, regardless of the chances of winning and potential payouts.

What Kind of Customer Support is Available?

Customer support is one of the most important features a crypto slot game needs to provide. In case something goes wrong or a player needs assistance with how to play a slot game, customer support should be able to resolve the issue.

In order to do so, customer support needs to be available at all times, and players should be able to use a variety of different channels to contact it.

The Licenses

Before using Bitcoin slots, the players should make sure that it has the proper license. The license is issued by the government agencies that regulate online betting and they are proof that the games are fair and that the payments will be made quickly. There are plenty of online reviews that can help players check if a crypto site is properly licensed.

It pays off to check out which country issued the license since not all licenses are equally strict. In most cases, slot sites are registered in off-shore zones that allow gambling but adhere to the laws of the countries in which most players are based.

To Sum Up

Bitcoin slots are the most played gambling game, as it’s easy to play and there’s a chance of winning big. Before using a slots site, players should investigate their chances of winning and how volatile the game is. It also helps to learn about the bonuses and jackpots beforehand.

Casinos also differ in terms of themes and there are many different software developers producing slots to choose from. Players will benefit from researching customer support options before using a slot since this is the most important feature in case something goes wrong.

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