One of the ripple effects of the exponential rise in the value of Bitcoin is that it led to the increase in the number of Bitcoin casinos. As more and more people switch to digital currencies, a larger proportion of them ends up playing casino games at Bitcoin casinos as they try to gain more ‘money’. However, not many people who have resorted to gambling at Bitcoin casinos have had a pleasurable experience, some have encountered huge problems which on many occasions led them to lose rather than gain more money(Bitcoin). As such, this article seeks to impart anyone looking to play at Bitcoin casinos with basic information on how to protect oneself from fraudulent Bitcoin casinos.
Visit Review Sites
After deciding to gamble online at Bitcoin casinos, the first step that people take is to do a basic Google search searching for the top Bitcoin casinos. The Google search will return dozens of results with casinos offering all sorts of casino bonuses and other impressive features. However, Google does not filter the good from the bad therefore the search results will include genuine Bitcoin casinos such as netbet.co.uk as well as fake Bitcoin casinos. The most important step that players can take to filter the bad casinos from the good ones is to visit different review sites. It is from these sites that they learn whether the casino they want to play at is genuine or not as they read the views and opinions of other people who previously played at these casinos.
Check Website Information and Features
Another great way of protecting oneself from fake Bitcoin casinos is by simply checking the website information and features. This generally pertains to the bonuses offered, games offered, customer support platforms available and payment methods accepted. When a casino offers bonuses that are too good to be true, odds are, that is a fake casino trying to hoodwink the unsuspecting. Therefore, while it’s everyone’s dream to be offered great bonuses, thee bonuses should be reasonable. When it comes to customer support platforms, it’s advisable for the player to check all of them before wagering on games for real money. By doing this, the player gets an indication of whether he will receive the necessary support when he encounters some challenges or not.
Another great way of checking whether a casino is fake or not is by checking the payment methods available. While cryptocurrencies are primarily the payment method used on most occasions at Bitcoin casinos, sometimes, these casinos also accept conventional currencies. If a Bitcoin casino accepts conventional currencies, then the player needs to check if PayPal is among those payment methods accepted as PayPal only works with genuine and verifiable companies.
Another equally great way of protecting oneself from fake Bitcoin casinos is checking if the casino holds a genuine operating license. While this is definitely a great way of identifying a genuine casino, it’s a difficult method that may consume one’s time. Be that as it may, players can check at the footer of the homepage if there is any licensing information. If not, then they will have to check with top gambling commissions around the world.
This is a paid sponsored story. CNA does not imply endorsement or support of any of the linked information, services, products, or providers in the content above. Please be careful and do your own research before investing money in any new projects you see online.
Disclaimer: This is a paid article. The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.