Best Bitcoin Roulette Casinos 2018
The online gambling industry has come a long way since the first online operator opened its doors. No longer did players need to visit their local land-based casino to play their favorite games. Instead, by simply opening an account with an online casino, players have full access to wide-range of gambling products.
However, the industry has since moved in to a new direction, taking full advantage of the rise of cryptocurrencies and blockchain technology. As such, Bitcoin roulette has now become the go-to-avenue for the ultimate online gambling experience. This comprehensive guide will tell you everything you need to know to make the crypto-casino plunge – with a specific focus on Bitcoin roulette.
What is the concept of the game?
The origins of roulette date all the way back to 1655, whereby a French physicist named Blaise Pascal intended on creating a perpetual motion machine. This subsequently led to the foundation of the world’s most popular casino game – roulette. Even for a gambling novice – the concept is simple.
An individual known as a dealer spins a wheel and then places the ball in to the wheel mid-spin. From the gambler’s perspective, they must predict the outcome of where the ball lands by choosing from a wide-range of betting parameters.
As will be discussed later, there are variations of the roulette wheel layout, however the first and original design – today know as European roulette, has 16 red numbers, 16 black numbers and then 1 green zero.
Each betting parameter has its own pre-defined odds and this varies depending on the version of roulette that is being played. For example, if playing European roulette, by staking on the ball landing on a red number, you are given odds of Even money (2.0).
However, as you will notice, the real-world probability of the ball landing on red is actually slightly less than Even money (2.0) as you have to factor in the green zero. As such, the casino has a marginal advantage over the player. Why? Continuing on from the above example, the actual real-world probability of the ball landing on red is actually 47.4%, meaning that the casino has a 52.6% chance of walking away a winner.
In the world of gambling, this is called the “house edge” and it ensures that long-term, the casino will always make a profit. Although at first glance this seems unfair, casinos are in business to make money and so it is highly reasonable that they install certain safeguards to ensure they remain profitable.
When playing at a Bitcoin casino, the entire range of available betting markets is clearly displayed for the player to view. Interestingly, there are actually two main options for the player to choose from. Firstly, if deciding to play software roulette, you simply choose your bets and then the system will automatically generate the spin as soon as you are ready. This is great for player’s who want to play at their own pace.
There is often a misconception that software Bitcoin roulette is fixed. This couldn’t be further from the truth. When using a crypto-casino, the underlying technology guarantees that each and every spin of the roulette wheel is true and fair. This is facilitated by a protocol known as provably fair. Provably fair uses a cryptographic framework to ensure that each gaming outcome is supported by a random number generator (RNG), which can be independently verified by anyone that wants to perform an audit – notably the player and/or regulators.
The second option that is available to players is a live dealer experience. This is where a live real-time feed records a physical roulette table whereby an actual dealer spins the wheel. Players can place their bets at home on their desktop or mobile device and then once the wheel has stopped, bets are instantly paid out. This is great for people who prefer a land-based casino experience but want to remain in the comfort of their own home.
So now that you know about the rules of roulette, we thought it would be a good idea to look a bit deeper at the different betting parameters available to the player.
How to play the game?
The Bitcoin roulette system provides the player with a significant range of betting parameters that are all based on the “risk vs reward” model. This means that the more risk that the player wants to take, the more that they can win. On the contrary, if the player prefers to take a low-risk strategy, they can do this too.
The most basic options available are to gamble on an Even money (2.0) bet. Take a look at the following parameters below, which will then be discussed in the more detail.
- Will the ball land on an Even number or an Odd number?
- Will the ball land on a Red number or a Black number?
- Will the ball land between 1-18 or 19-36?
As we discussed earlier, the odds on one of the above betting parameters coming in are Even money (2.0), meaning that if for example you placed $50 on the ball landing on black, you would receive $100 back if it won. This includes your original stake of $50. On the contrary, if the ball landed on red or the green zero, then the casino would keep your $50 stake.
For players who like to take even less risk when playing roulette, it is also possible to place an additional Even money (2.0) bet. This doesn’t mean placing a bet on both red and black as this would be casino-suicide! Instead, a low-risk player could place $25 on black and then $25 on even. In this scenario there are essentially three possible outcomes.
- Best outcome. The ball lands on a black/even number so you effectively win both bets.
To clarify, your $25 bet on black won (which returns $50) and your $25 bet on even won (which returns $50).
- Stake returned. Only one part of your double bet comes in. For example either the ball lands on black – but not even or the ball lands on even – but not black. In this scenario as only one portion of your 2 x $25 bets came in, you would break even at $50.
- Worse outcome. The third possible outcome from covering two Even money (2.0) bets is that neither of your selections come in. Continuing on from the above example, this could either be a Red/Odd number or even more disappointingly, the green zero.
This particular strategy offers an additional safeguard because statistically speaking, there is a greater chance of you at least breaking even than there is of you losing your entire stake. In fact, if playing a traditional European roulette table (16 Red, 16 Black and 1 Green Zero), the chances of you losing your entire stake is approximately 28%.
A further option that is highly popular is to focus on specific numbers. In the case of European roulette, as there are a total of 37 individual numbers (0-36), the odds of successfully picking the right number is 35/1 (36.0). This means that if you placed $10 on the ball landing on 7 and it came in, you would win a total of $360, which includes your original stake.
Again, as you will probably notice, the payout-ratio is slightly less than the real-world probability of your selection coming in, but as discussed earlier this is the house-edge that casinos install to ensure they remain profitable long-term.
Purely selecting one number is an extremely high-risk strategy, because in reality, the chances of you winning are very low. To counter this adverse “risk vs reward” model, players often choose a variety of numbers across the table, which drastically increases their chances of winning.
So now that you know about the different bet types available to the player, the next part of our Bitcoin roulette guide is going to look at the different table versions available.
The different versions of bitcoin roulette
Throughout this roulette guide thus far, our examples have mainly focused on the original version – European roulette. However, there are actually a wide-variety of alternatives. The most popular competitor to the European version is American roulette. In a nut shell, the concept is exactly the same, but instead of the table having 1 Green Zero, there are actually 2. To distinguish between the two, the first green zero is a single “0” and the second is a double “00”.
Although at first glance it might appear that this offers little difference, installing an additional green zero changes the odds of the table in its entirety, at a disadvantage to the player. Here’s why.
Do you remember how we mentioned earlier that on a traditional European table there are a total of 37 numbers (0-36) and the odds on choosing an individual number are 35/1 (36.0)?. Well on an American roulette table there are a total of 38 numbers (0-36 and 00), however the offered odds are exactly the same as its European alternative – 35/1 (36.0).
If you take a moment to think about this, you have a slightly less chance of winning (because there is an additional number) but your “risk vs reward” ratio does not increase, as you are given the same pay-out ratio.
The most interesting thing to mention here is that baring the above disadvantage in mind, a significant proportion of Bitcoin roulette players actually prefer the American version. This could be for a number of reasons, however it is believed that this is in direct correlation to the tables available at the grand casino strip of Las Vegas. People like to play what they know, so when making the transition from U.S. based bricks and mortar casinos to the online alternative, some players like to stick with their usual game plan.
Outside of the European roulette vs American roulette argument, most crypto-casinos also offer an alternative called French roulette. In reality, there is little, if any difference between French roulette and European roulette, insofar that both tables have the same amount of numbers and both have just one green zero.
The only distinct difference is the outcome of an Even money (2.0) bet. In the two aforementioned versions, if you placed an Even money (2.0) bet (for example on the ball landing on red), but the ball landed on green zero, then you would lose your entire stake. On the contrary, if the same outcome occurred in French roulette then the player would receive their stake back. This is highly beneficial to the player as it actually reduces the house-edge to just 1.35%.
So now that you know about the different versions of the game, the next part of our guide is going to look at the best crypto-casinos to play at.
The best Bitcoin roulette to play at?
Just like in the traditional fiat online casino sector, competition within the crypto-casino space is highly competitive. Simply offering a basic gambling platform is no longer an option, as casinos understand that they must offer the best player experience to increase their slice of the industry. With this in mind, we have pin-pointed 6 of the best Bitcoin roulette casinos to consider.
BitStarz are a hybrid-casino that supports both fiat and cryptocurrency deposits. They were launched in 2014 and not only hold a full gaming license from the Curacao Gaming Control Board, but all of their games are protected by a provably fair protocol.
BitStarz offers a significant range of roulette games, including European, American and French. There are different platform layouts to choose from and there is even a VIP option. Moreover, a range of live dealer Roulette tables are also available, should you prefer that option.
FortuneJack casino were first launched in 2014 and also hold a full gaming license from Curacao. The suite of games available does not stop at just Bitcoin roulette as they offer practically every traditional casino game – and more.
In terms of roulette, all of the versions we have covered in this guide are available, as well as a range of live dealers. FortuneJack offers one of the highest welcome packages in the industry, which includes multiple matched deposits totaling 5 Bitcoin and 180 free spins. This is a great way to test out their range.
There is a bit of a pattern forming here as mBit casino were also founded in 2014, hold a gaming license from Curacao and also guarantee the fairness of their games through provably fair. Mbit have one of the largest ranges of roulette games, offering more than 20 different versions. This covers European, American and French roulette, as well as VIP and live dealer tables too.
Playamo joined the crypto-casino phenomenon slightly later, with their platform being launched in 2016. Just like BitStarz, they specialize in both crypto and fiat currency deposits and withdrawals. Regulated in Curacao, Playamo place a strong focus on their roulette games.
In fact, they spoil the player for choice by offering a total of 29 different roulette versions. This includes the standard European/American/French combination, as well as others such as auto roulette, immersive roulette and of course live dealers too.
In what begun in 2014 as a crypto-casino specializing in DogeCoin deposits has now expanded to a total of 10 supported coins, making Crypto-Games.net the largest platform for accepted cryptocurrencies.
Crypto-Games.net focus purely on simplicity by only offering one version of roulette – European. Their platform is simple, but highly secure, as their roulette game is backed up by a provably fair guarantee and they are also fully licensed. This particular operator is great for first time crypto-casino players.
Betcoin were one of the first past the crypto-casino post as they were first launched in 2013. The Betcoin suite offers a vast variety of Bitcoin roulette options, including European and American, as well as Zoom roulette, Crystal roulette and live dealers.
Supporting a total of five different cryptocurrencies, the platform also offers a welcome matched deposit bonus of up to 1BTC. This gives you an excellent opportunity to test out their games prior to making a long-term commitment.
Roulette has come a long way since it was first introduced in the 17th century. In what began as a scientific experiment has since turned in to the most popular casino game in the gambling industry. Bitcoin roulette allows players from all over the world to play a wide-variety of versions from the comfort of their own home. Whether you prefer software or live dealers, American, European or French, online crypto-casinos offer something for everyone.
Not only do most casinos offers a significant welcome package, but withdrawing your winnings takes minutes, rather than days – as seen in the conventional fiat sector. Furthermore, each and every Bitcoin casino that we have suggested have their games backed up by a provably fair protocol, ensuring that the odds on offer are fair and legitimate. Ultimately, if roulette is your thing, then crypto-casinos offer the greatest player experience.