First ever video slots on Bitcoin casinos – Satoshibet Casino

Video SlotsBitcoin casinos are the latest in the casino world. Before venturing into the online casino games; it pays to keep an eye on the type of casinos, where you are playing. There are a host of Bitcoin casinos, who are fast emerging as an alternative to the regular online casinos. Topping the list is Satoshibet Casino. Synonymous with using bitcoins as a mode of making online banking transactions; you can play their collection of video slots and other table games such as online roulette, online blackjack or Poker.

Are Bitcoin casinos the future of online gambling?

Satoshibet Casino is one of the Bitcoin casinos which allow bitcoins for making a deposit or withdrawal. So, let’s get started with knowing what and how Bitcoin works. Bitcoin is the “Cryptocurrency” that is similar to the virtual money. Except that it is completely free from any government or organisations control. The people and users monitor, and in turn generate the Bitcoins.

The origin and creator of the Bitcoin currency was by a person(s) using the pseudo name Satoshi Nakamoto. Since 2009, they are involved in crafting, updating and securing this open source network system. The best part of using this Peer-to-Peer network system is that, it is completely anonymous and secure.

So, what makes this as one of the emerging mode of banking for the online casino player? No personal details or banking details are required to use this network, for making an online transaction. The entire management, issuing of bitcoins and its monitoring is carried out by this autonomous network.

Since all the transactions are transparent and public, there is virtually no chance of any fraudulent activities to occur.

The unit of Bitcoin is BTC. Satoshibet Casino uses the denomination m? (stands for milliBitcoins).

1000 m? equals 1 BTC

Playing Video slots at Satoshibet Bitcoin Casino

Unlike the regular casinos; the video slots of the Bitcoin casinos are simple and easy to play. There are no multiple features or bonus games to worry about. But every game is minimalistic in design & allows you to play from any particular device. The best part of playing the video slots of Satoshibet Casino is that you can verify every deposit that you make.

Kick start your Bitcoin casino adventure, by playing the video slots or other casino games either using free practice mode or using Bitcoins for real casino gambling. This is done automatically as you begin playing at the online casino.

From the first time that you play the video slots; a unique bookmarked URL is generated which can be used to later create an account with username and password. You can use this every time you make a Bitcoin deposit or withdraw. This is like a private key which only you can access.

You can continue playing in practice mode or make a deposit and play for real. Before placing an actual Bitcoin wager; you must have the Bitcoin account. This is similar to other E-wallet accounts. You must purchase bitcoins from trusted Bitcoin Exchanges such as bitstamp.net and others. You can use dollars, Euros or pounds to purchase their equivalent Bitcoin value and use them for any of the online transactions.

Any deposit or withdrawals that you make here is completely safe and secure. The only thing to note is that you must keep your unique URL safe. Also, do not forget your username and password.

Game fairness of Bitcoin casinos Video slots:

Playing video slots or any other casino games here is different from the rest of the online casinos. The games are designed using HTML5, which allows them to be played online without any download required.

Plus, all the spins or shuffles can be individually verified by you to provide provably fairness. This is the term used by all the Bitcoin casinos to ensure fairness of the video slot games.

Before every spin, a client seed is generated (which is generated by your computer) and a hash containing the encoded shuffled data generated by the server.After each play, both these can be combined to successfully decode the complete shuffle and thus you can verify the legitimacy of the round.

The future of Bitcoin casinos

It is bright and shining for the casinos. The anonymity, safety and safety offered by the Bitcoin casinos are its main advantages. Although it is a small factor, the absence of any processing fee for making an online banking transaction is another plus point.

Players from all countries can play at the Bitcoin casinos, subject to the terms and conditions of the individual casinos. There is no player restriction as seen in regular casinos.

Probably the only constraint in playing here is the deposit and withdrawal limit that is set by the casinos. There is also legal, financial, social and moral concerns surrounding the use of Bitcoins for any online transaction. With time, it will be one of the preferred ways of playing online casinos.

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