20 March 20 min read

Since Bitcoin and other
cryptocurrencies became so popular, many people have rediscovered the thrill and excitement of gambling.

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Nowadays, there are many places that pay out small fractions of the popular cryptocurrency, and satoshi (the smallest unit of Bitcoin) can accumulate faster than expected.

Since it’s hard to resist the lure of doubling the contents of your wallet, Bitcoin casinos are the next likely destination in one’s browser, with the roulette wheel spinning only a brief couple of moments later.

Before we touch upon the reasons why roulette is such a popular choice among those who are into Bitcoin betting, let us share a couple of words on Bitcoin casinos in general.

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Bitcoin gambling sites – where
privacy meets value

Since the very beginning, Bitcoin has always been all about protecting one’s privacy. When a transaction takes place, no one knows who’s on the giving and the receiving end except the buyer and the seller. When you transfer the money in and out of the casino – you’ve guessed it – you’re the only one to know. Except for providing your Bitcoin address, nothing else is really needed, making the registration a hassle-free process.

In terms of value, Bitcoin first-deposit bonuses tend to be on the generous end of the scale. In some cases, you can expect a lifetime reload bonus. Depending on the casino, there can be other promotions for you to take advantage of, such as free spins and poker tournament tickets.

Now, with that out of the way, what are the main reasons that newcomers to the gambling scene mostly gravitate towards Bitcoin roulette?

1. It’s easy to learn

Unlike other more complicated games such as craps, roulette is actually quite simple to learn and play. If nothing else, you can jump straight into the action and bet on either the red or the black colour, and you have around a 50% chance of doubling your initial bet.

The reason why it’s not exactly 50-50 is that there’s a third possible outcome – the ball could also land on a zero, in which case the casino simply takes the entire wager, no matter the size.

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2. The pay-out ratio is far from complicated

Once you get that down, it’s easy to move to other similar bets such as odd or even, high or low, or a set of numbers. If you really like the element of risk, then you could even bet on an individual number. As you might have imagined, the amount of winnings corresponds to the degree of risk that you’re willing to take. If you bet on any given single number, then the pay-out ratio is 35 to 1. If you bet on either red or black, then the payout ratio is 1 to 1, and so forth.

  • Once you get that down, it’s easy to move to other similar bets such as odd or even, high or low, or a set of numbers.
  • If you really like the element of risk, then you could even bet on an individual number.
  • As you might have imagined, the amount of winnings corresponds to the degree of risk that you’re willing to take.
  • If you bet on any given single number, then the pay-out ratio is 35 to 1. If you bet on either red or black, then the payout ratio is 1 to 1, and so forth.

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