Author

Topic: Which bitcoin casino is your favourite and why? (Read 3606 times)

newbie
Activity: 18
Merit: 0
February 18, 2014, 09:07:41 PM
#70
Anything provably fair  Grin
sr. member
Activity: 280
Merit: 250
I enjoy playing casino games at Betcoin™. I trust this website because they’re 100% provably fair and I heard a lot of good feedback from random people about this site. They have plenty of games you can choose from, so you’ll really get a total entertainment if you join here.

Betcoin.tm is the biggest scam site that there is - just for kicks I sent some coins there today because no one was playing... well, as usual, their bot came online and I lost every spin while it took all the winning spins. You really need to stop promoting this site.
member
Activity: 200
Merit: 10
https://rangersprotocol.com/
I enjoy playing casino games at Betcoin™. I trust this website because they’re 100% provably fair and I heard a lot of good feedback from random people about this site. They have plenty of games you can choose from, so you’ll really get a total entertainment if you join here.
sr. member
Activity: 280
Merit: 250
....every online casino should have some sort of certification from a 3rd party. All those provably fair solutions that you guys praise to the skies 24/7, don't really say that the algorithms are not rigged to give a certain order for the cards or that the odds cannot be influenced. All that provably fair stuff happens on the casino's server, so unless someone verified the games and stated that nothing like that ever happens, provably fair doesn't exist. See this: http://www.reddit.com/r/Bitcoin/comments/1frm4x/

...there are many provably fair casinos, but provably fair doesn't mean 100% fair. For me, fair means 100%. What is not 100% fair, is not fair at all. Just read the reddit post I gave. This basically reduces your selection amount to just a few names or maybe to 0.

Couple of days of rest from the forum - what's my welcome: I get my ass slapped back into reality! There is not one thing I disagree with. Matter of fact, I'm sure I've experienced just about all of the exploits in that reddit thread. I've yet to play at a bitcoin casino whose slots don't take advantage of them  - I DARE ANY OF THEM TO CHALLENGE THIS - we can definitely let the forum members to be the judge of it.

newbie
Activity: 58
Merit: 0
In a 8 deck shoe of Baccarat the house edge on a banker bet is 1.06%. Therefore, if you bet $1.00 for 10,000 games, the game balance should be around -1.06%*$10000 = -$100.60
Depending on what deposit and bonus offer you receive, the final balance will be different from casino to casino.

So lets suppose a casino offered you a 200% bonus with a 12x rollover. You will have to look in the fine print but for example BITOOMBA Casino says Baccarat hands equal only .25% of the rollover so we will have to multiply the 12x rollover by 4 to satisfy such bonus. If you deposit $100, just by playing Baccarat alone and only wagering $1.00 per spin you would have to play banker 14400 times to meet such rollover. Lets plug the numbers into the calculation and this is what you should end up around -1.06%*$14400 = -$152.64.

Initial Deposit  + $200 Bonus - $152.64 = +47.36

If this is the case the player has a real edge and is unsuitable for a casino to offer long term especially with bitcoins which anyone could actually create 100 accounts and take such bonus offers. One thing is certain, Most RNG casino software is designed to take advantage of players and without the really dumb providers exposing themselves (casino web scripts for example and also the same software Bit777 shilled for) it sadly goes undetected.

For obvious reasons i would say....
RitzGrandCasino.com



https://RitzGrandCasino.com

Really another casinowebscripts product, you know your casino software is shit right and has been proven unfair.

https://bitcointalksearch.org/topic/coinbet-casino-sportsbook-125-match-bonus-plus-march-madness-contest-410999


Tell me, did you work with cws and inspected their software? Did you certify their software to say it is unfair? I don't see in your profile that you work for a gaming certification authority.
So far both of you are just kids hiding behind your monitor and saying so much crap because you lack having a real life. Did you know that any software and games can be certified by a gaming authority?
But that is the job of the casino owner, not the developer's job, to certify a software.
The way cws sells their stuff gives a lot of flexibility to the buyer, allowing him to certify his games, modify them, etc. So what happens after they sell the software has nothing to do with cws. If the casino owner wants a certification, then he should go get it and put a stop to all the bad whispers.

The only thing I agree with you is that every online casino should have some sort of certification from a 3rd party. All those provably fair solutions that you guys praise to the skies 24/7, don't really say that the algorithms are not rigged to give a certain order for the cards or that the odds cannot be influenced. All that provably fair stuff happens on the casino's server, so unless someone verified the games and stated that nothing like that ever happens, provably fair doesn't exist. See this: http://www.reddit.com/r/Bitcoin/comments/1frm4x/

So for now stop talking so much trash about certification, provably fair and fairness, because the number of certified bitcoin casinos is less than 5% of the total bitcoin casinos and if you want to give names, then casinowebscripts is definitely not the first one to start with.
I worked with cws in the past, back in 2010 when I had a licensed casino in Philippines. They were very kind to me, so I don't like your tone here.


As for aksplace ... don't believe a word this guy says. If you however want to believe all the stories that this guy makes up, then take a few minutes and read this: https://bitcointalksearch.org/topic/bitcoincasinopro-corrupted-and-unethical-behavior-more-evidence-310568

On-Topic: "Casino Nick", there are many provably fair casinos, but provably fair doesn't mean 100% fair. For me, fair means 100%. What is not 100% fair, is not fair at all. Just read the reddit post I gave. This basically reduces your selection amount to just a few names or maybe to 0.
newbie
Activity: 14
Merit: 0
On The Official BCP Recommended List all casinos send immediately.  

I guess most of them are indeed instantly processing 0.1 BTC. Would be interesting to know up to which amount. I guess this depends on the liquidity but lets say you cash out 10BTC. I really wonder how many bitcoin casinos give you an instant cashout for that.

Is BCP recommended list everybody with A+ rating or everybody on the review list even the ones with D rating?

Everyone on the recommended list holds an A+ rating and that includes a few companies that offer no affiliate programs and/or not sponsors.

Awesome, so I assume you tested them all. Nice job, getting paid for playing Smiley
sr. member
Activity: 602
Merit: 260
On The Official BCP Recommended List all casinos send immediately.  

I guess most of them are indeed instantly processing 0.1 BTC. Would be interesting to know up to which amount. I guess this depends on the liquidity but lets say you cash out 10BTC. I really wonder how many bitcoin casinos give you an instant cashout for that.

Is BCP recommended list everybody with A+ rating or everybody on the review list even the ones with D rating?

Everyone on the recommended list holds an A+ rating and that includes a few companies that offer no affiliate programs and/or not sponsors.
newbie
Activity: 14
Merit: 0
On The Official BCP Recommended List all casinos send immediately.  

I guess most of them are indeed instantly processing 0.1 BTC. Would be interesting to know up to which amount. I guess this depends on the liquidity but lets say you cash out 10BTC. I really wonder how many bitcoin casinos give you an instant cashout for that.

Is BCP recommended list everybody with A+ rating or everybody on the review list even the ones with D rating?
sr. member
Activity: 602
Merit: 260
On The Official BCP Recommended List all casinos send immediately.  
newbie
Activity: 14
Merit: 0

I see your favourite casino is BitZino then according to this post? Wink I guess you must be running the bitcoincasinopro review page. Seems like a good entry for a newbie like me to discover the space:) How about promotions? I do not really see many casinos offering any deposit bonuses. Is this because there is an issue of abusing them? In the end the margins running your own games should be quite high so giving something on top should not be an issue.

Do you think provability is really so important and why the iGaming industry did not implement it yet?

To be honest I was trying to understand how it works on BitZino and there is no way I am able to prove the result with my knowledge - I get stucked with Marseene Twist ... . To me it seems like a good advertisement point but I fear for an ordinary Joe like me that would be too sophisticated to crack down and actually prove it manually.

Is provability important just for casinos that are running software from 3d party providers that are not very well known or casinos that are not really licensed to protect against scammers maybe?

I am not so sure that a normal casino player fear when playing a game from NET ENT or Playtech that they are actually tweaking their RNG? In the end most of the big casinos out there in the iGaming industry are either using Microgaming, Playtech or Netent and some others smaller providers. Games run on their servers for multiple operators so they have a huge reputation to loose if they would set up the games manually.

I can only speak for BitcoinVideoCasino, but we don't offer deposit bonuses and other promotions because our house edge is too low for it to be a profitable marketing strategy. It's better for the players to pick casinos with published low house edges than play with casinos who have an edge high enough to offer bonuses. Those casinos are also much less likely to publish their rates.

We also developed every game from the ground up ourselves, we're provably fair, we publish house edge, our Android app is open source, and we have a publicly available API. Users on BitcoinVideoCasino also have the option to manually change the client seed. Provable fairness is important in the Bitcoin Casino industry because we have no regulatory bodies, there has to be some way to monitor a casino's behavior and players need assurances that they are not being scammed.

Is any casino actually doing instant cash outs and up to what amount? Are instant cash outs just a promotional phrase? Smiley Let's say I deposit 1 BTC i play and after 1 day I decide to withdraw 1.5 BTC. Are casinos actually processing this instantly?

I am really curious how that works considering the risk you might have as casino.
hero member
Activity: 804
Merit: 500

I see your favourite casino is BitZino then according to this post? Wink I guess you must be running the bitcoincasinopro review page. Seems like a good entry for a newbie like me to discover the space:) How about promotions? I do not really see many casinos offering any deposit bonuses. Is this because there is an issue of abusing them? In the end the margins running your own games should be quite high so giving something on top should not be an issue.

Do you think provability is really so important and why the iGaming industry did not implement it yet?

To be honest I was trying to understand how it works on BitZino and there is no way I am able to prove the result with my knowledge - I get stucked with Marseene Twist ... . To me it seems like a good advertisement point but I fear for an ordinary Joe like me that would be too sophisticated to crack down and actually prove it manually.

Is provability important just for casinos that are running software from 3d party providers that are not very well known or casinos that are not really licensed to protect against scammers maybe?

I am not so sure that a normal casino player fear when playing a game from NET ENT or Playtech that they are actually tweaking their RNG? In the end most of the big casinos out there in the iGaming industry are either using Microgaming, Playtech or Netent and some others smaller providers. Games run on their servers for multiple operators so they have a huge reputation to loose if they would set up the games manually.

I can only speak for BitcoinVideoCasino, but we don't offer deposit bonuses and other promotions because our house edge is too low for it to be a profitable marketing strategy. It's better for the players to pick casinos with published low house edges than play with casinos who have an edge high enough to offer bonuses. Those casinos are also much less likely to publish their rates.

We also developed every game from the ground up ourselves, we're provably fair, we publish house edge, our Android app is open source, and we have a publicly available API. Users on BitcoinVideoCasino also have the option to manually change the client seed. Provable fairness is important in the Bitcoin Casino industry because we have no regulatory bodies, there has to be some way to monitor a casino's behavior and players need assurances that they are not being scammed.
hero member
Activity: 518
Merit: 500
What's interesting is not the money, but the fact my email address i used has been spammed by 2 dozen online casinos ever since. I can do nothing to get myself off these lists.

Holy shit... This is happening to me now and I have no clue who the damn culprit is. Usually I give out my luckycris email... but I've signed up with a few sites recently using my real address, and like an idiot used my outlook client to send correspondence to tech support. Jesus. I may never know who sold my address.

You will never know and the address will be sold on and on. Expect lots more spam from a variety of casinos using your name as well, not just your email addy Smiley

WHAT!? What do you mean using my name?!?

Oh well in the old days, we had to sign up with credit cards ...... so they  got our names. I guess with bitcoin casinos, they don't have your name. Yet another victory for bitcoin Wink

Actually they do... my real email address is my name! Not that I'm trying to be anonymous (don't care about that aspect), but what I don't want is my email being sold and my name being used for gawd knows what purpose.

Too late. That ship sailed the moment you signed up for of these lovely casinos. Call it their "2nd job", selling on email addresses ....
sr. member
Activity: 280
Merit: 250
What's interesting is not the money, but the fact my email address i used has been spammed by 2 dozen online casinos ever since. I can do nothing to get myself off these lists.

Holy shit... This is happening to me now and I have no clue who the damn culprit is. Usually I give out my luckycris email... but I've signed up with a few sites recently using my real address, and like an idiot used my outlook client to send correspondence to tech support. Jesus. I may never know who sold my address.

You will never know and the address will be sold on and on. Expect lots more spam from a variety of casinos using your name as well, not just your email addy Smiley

WHAT!? What do you mean using my name?!?

Oh well in the old days, we had to sign up with credit cards ...... so they  got our names. I guess with bitcoin casinos, they don't have your name. Yet another victory for bitcoin Wink

Actually they do... my real email address is my name! Not that I'm trying to be anonymous (don't care about that aspect), but what I don't want is my email being sold and my name being used for gawd knows what purpose.
hero member
Activity: 518
Merit: 500
What's interesting is not the money, but the fact my email address i used has been spammed by 2 dozen online casinos ever since. I can do nothing to get myself off these lists.

Holy shit... This is happening to me now and I have no clue who the damn culprit is. Usually I give out my luckycris email... but I've signed up with a few sites recently using my real address, and like an idiot used my outlook client to send correspondence to tech support. Jesus. I may never know who sold my address.

You will never know and the address will be sold on and on. Expect lots more spam from a variety of casinos using your name as well, not just your email addy Smiley

WHAT!? What do you mean using my name?!?

Oh well in the old days, we had to sign up with credit cards ...... so they  got our names. I guess with bitcoin casinos, they don't have your name. Yet another victory for bitcoin Wink
sr. member
Activity: 280
Merit: 250
What's interesting is not the money, but the fact my email address i used has been spammed by 2 dozen online casinos ever since. I can do nothing to get myself off these lists.

Holy shit... This is happening to me now and I have no clue who the damn culprit is. Usually I give out my luckycris email... but I've signed up with a few sites recently using my real address, and like an idiot used my outlook client to send correspondence to tech support. Jesus. I may never know who sold my address.

You will never know and the address will be sold on and on. Expect lots more spam from a variety of casinos using your name as well, not just your email addy Smiley

WHAT!? What do you mean using my name?!?
hero member
Activity: 518
Merit: 500
What's interesting is not the money, but the fact my email address i used has been spammed by 2 dozen online casinos ever since. I can do nothing to get myself off these lists.

Holy shit... This is happening to me now and I have no clue who the damn culprit is. Usually I give out my luckycris email... but I've signed up with a few sites recently using my real address, and like an idiot used my outlook client to send correspondence to tech support. Jesus. I may never know who sold my address.

You will never know and the address will be sold on and on. Expect lots more spam from a variety of casinos using your name as well, not just your email addy Smiley
sr. member
Activity: 280
Merit: 250
For obvious reasons i would say....
RitzGrandCasino.com
https://RitzGrandCasino.com
Really another casinowebscripts product, you know your casino software is shit right and has been proven unfair.
https://bitcointalksearch.org/topic/coinbet-casino-sportsbook-125-match-bonus-plus-march-madness-contest-410999

Lol, indeed. I guess we can scurry on over there and get scammed out of coins.

I guess for a few bucks anyone can open up a casino.
sr. member
Activity: 280
Merit: 250

But to answer your original question.. I have have no favorite casino. Betcoinsports was, but it's replacement BetcoinCasino...

LuckyCris, what do you mean replacement? BetcoinSports still has the full same casino which many users still play in, there is no replacement.  BetcoinCasino.com is another option that features highly improved games.  They will all be merged in together at some point in the near future.   

Interesting... I was under the impression BetcoinCasino is BetcoinSports new interface. I was actually instructed not to deposit into BetcoinSports... Now I'm a little confused. Can you please provide a little more insight? Obviously I want to get to the bottom of what's going on. 
full member
Activity: 196
Merit: 100
For obvious reasons i would say....
RitzGrandCasino.com



https://RitzGrandCasino.com
legendary
Activity: 3738
Merit: 1108
Betcoin.ag Forum Rep - Sportsbook, Casino

But to answer your original question.. I have have no favorite casino. Betcoinsports was, but it's replacement BetcoinCasino...

LuckyCris, what do you mean replacement? BetcoinSports still has the full same casino which many users still play in, there is no replacement.  BetcoinCasino.com is another option that features highly improved games.  They will all be merged in together at some point in the near future.   
full member
Activity: 126
Merit: 100
only play poker so has to be seals with clubs
sr. member
Activity: 280
Merit: 250
RNG can be a bitch sometimes I agree but thats what slots are all about. Seeing the operation of the casinos from the inside in the classic online casino space I can tell you that 2-4% margin is correct on the long run for most of slots at bigger casinos that use popular RNG slot producers. The big differences between slots are in volatility though. I know it is hard to believe sometimes but its true.

It's believable I suppose - I simply don't know enough about that piece (other than observation and what others say) to have an informed opinion. But I would like to caveat that with this... in the long run - all it takes is that one lucky person to hit a jackpot for the casino to realize that 2-4% margin. In the meantime, 98% never cashes out. 

You should note that the slots that are having jackpots are having normally lower payout ratio as they are taking 1-2% for the jackpot pool to be fed with that. At least a nice example of that is a game from NetENT Megafortune.

Yes, in theory I understand this is the way it's supposed to work. Take note that the slots I played yesterday didn't have jackpots.

There's really no excuse for a casino to configure their slots for low payout (my example below) or increase the difficulty at particular times. Yes, a casino recently admitted their slots' difficulty level was too high for the free voucher play. Then when they failed to change the difficulty level back to impossible after trying to configure (not sure if it's done per user or at the server level) one user was literally accused of exploiting the fact that the slots were paying too high - it was an error at that point. Not a cheat gone bad.

THIS is the type of stuff we don't need or want. A few happy customers don't equate to or represent the entire bitcoin gaming community. And I've given several of these places so many opportunities to prove themselves - all the while losing my money to their greed.

I pay attention... in ways most don't think about. I recognize some of the tactics used to deceive players. Lots of them actually. I have screenshots/recordings of some of the stuff I've witnessed that would make you do a double take. Clever, clever programming, but sometimes they slip. Or so cheap they can't afford real devs.

Indulge yourself by reading my post history if you'd like. I call them out (have two I need to do actually)... just check out their responses. They know when I know I've caught onto one of their scams. Mostly they pray I forget about it or quietly remove evidence from their site (one removed two jackpot winners!). Yes, I follow up. Who knows... perhaps it's tenacity in exposing their schemes is the reason everybody else around me seems to be winning except me. Wouldn't surprise me at all if I'm their laughing stock, I lose so often/much. I already know my IP and personal email was shared...

I'll leave it at this for now.

But to answer your original question.. I have have no favorite casino. Betcoinsports was, but it's replacement BetcoinCasino doesn't make my frequent list. If bitcoinvideocasino would stop cheating, they'd be it at the moment. Unfortunately I decided to give them another try and ended up losing over 1+BTC in less than an hour of play perhaps (close to 1.5 total - just today). How? played for hours at .0001 bet and the slots behaved as expected. I tried the other games for a lil while, but no secret I prefer slots. Anyways, after losing about 30x in a row, made another deposit and upped the ante to the next level of .001. First couple of spins the slot realized I might suspect something (they have a mind of their own don't they Wink, and I was able to recover my day's loss from a couple of spins. Sure, I could've walked away at that break even point, but it was a conscious decision to continue. Then suddenly, without even so much as a warning, it dumped no pay results on me until all was coins were gone. Naturally I'm left wondering if their slot difficulty is positively correlated with wager amount. But we already know the answer, don't we.
newbie
Activity: 14
Merit: 0
RNG can be a bitch sometimes I agree but thats what slots are all about. Seeing the operation of the casinos from the inside in the classic online casino space I can tell you that 2-4% margin is correct on the long run for most of slots at bigger casinos that use popular RNG slot producers. The big differences between slots are in volatility though. I know it is hard to believe sometimes but its true.

It's believable I suppose - I simply don't know enough about that piece (other than observation and what others say) to have an informed opinion. But I would like to caveat that with this... in the long run - all it takes is that one lucky person to hit a jackpot for the casino to realize that 2-4% margin. In the meantime, 98% never cashes out. 

You should note that the slots that are having jackpots are having normally lower payout ratio as they are taking 1-2% for the jackpot pool to be fed with that. At least a nice example of that is a game from NetENT Megafortune.
sr. member
Activity: 280
Merit: 250
RNG can be a bitch sometimes I agree but thats what slots are all about. Seeing the operation of the casinos from the inside in the classic online casino space I can tell you that 2-4% margin is correct on the long run for most of slots at bigger casinos that use popular RNG slot producers. The big differences between slots are in volatility though. I know it is hard to believe sometimes but its true.

It's believable I suppose - I simply don't know enough about that piece (other than observation and what others say) to have an informed opinion. But I would like to caveat that with this... in the long run - all it takes is that one lucky person to hit a jackpot for the casino to realize that 2-4% margin. In the meantime, 98% never cashes out. 
newbie
Activity: 14
Merit: 0
What you should be wagering here is bonus and not bonus + deposited amount.
Nope, that's actually correct for most casinos.

Maybe you would be surprised but most of the fiat online casinos have 0% wagering set on table games. And its quite normal.
No comment, I only play slots for the most part.

Mostly the wagering of the bonus is only possible with slots and its 100%. House edges on the slots are 2-4%. Also you would be surprised that people do manage to clear (complete wagering requirements) for their bonuses even with that in your opinion high house edge - its true many dont but still the % is higher than 10. I guess this has to do with the fact that the odds are truly in casino favour but on the other hands big wins happen as well. So then we are talking about the volatility of slot and payout distribution.

I've managed to clear the wagering requirements at casinos before, but it's a challenge and I'm only successful (now) maybe about 10% of the time. Last year when I'd drop 10BTC in a casino, it was easy... almost impossible if you deposit below a certain threshold. If you really think most casinos' slots only have an house edge of 2-4%, please direct me to them; I'm tired of what's available now. Here's what my game play is like now for the most part:


I entertain myself with the slots, so can't speak on other games. But not that I'm complaining about losing .15 bitcoins, I'll make a statement that I'll elaborate on later because it applies not just to you, but to many casinos using similar software. Your slots 'appear' to pay more than the usual. Except out of about 15 wins, only 1 results in a payout higher than the initial bet. Not in particular sustainable from a player's point of view. Without a 'big' or a 'mega' win, the chances of walking away with something in your pocket is slim.

Here's just a quick run down of my game play (but I don't have to tell you as you can check the logs):

betting the min of 30 chips...

first .1 bitcoin wagered - only five wins resulted in payout higher than 30 chips (.63, 1.53 [big win], .7, .43 with a bonus round that netted me .05)

second .1 bitcoin wagered got better - 10 wins resulted in payout higher than 30 chips, with 3 big wins of .93, 2.06, and 1.05.

It wasn't until the reserves started to get low did the slots decide it's warmed up enough; I got 3 mega wins (one 12.11 at the very last minute to keep me in the game). Even so, it was still just an average of 1 win every 10-15 wins that resulted in payout larger than initial bet.

Is this fair? On the surface these types of slots payout more frequently than others, sure. But the reality is they don't because those frequent wins are so small they count for nothing (average credits won I'd say was less than 10).

But I do like the games and the fact you can choose not to accept the bonus. I also like how the rollover requirements are there from the beginning so you know what to expect.

I've only played here once, so really can't give a detailed review... just thought I'd make mention of my observation, which I'll expand later accusing others Tongue   So this just doesn't imply to you, but to most of the fancier joints I've played.

RNG can be a bitch sometimes I agree but thats what slots are all about. Seeing the operation of the casinos from the inside in the classic online casino space I can tell you that 2-4% margin is correct on the long run for most of slots at bigger casinos that use popular RNG slot producers. The big differences between slots are in volatility though. I know it is hard to believe sometimes but its true.
newbie
Activity: 14
Merit: 0
A question for Aksplace and b!z since you guys are more into reviewing casino webpages,

I saw somewhere in your reviews from one casino that you try to check the hot wallet of casino to see if they are able to payout the players.  What kind of criteria are you using to say, ok this casino has enough BTC in their wallet. Is there a ratio for that compared to the max bet on the roulette for example?

What is the min. amount of BTC in your opinion for a healthy casino to have in the hot wallet? And what numbers raises red flag?

I can also assume that this kind of information could be private in some times and that casinos are not comfortable to disclose this info.
sr. member
Activity: 420
Merit: 250
In a 8 deck shoe of Baccarat the house edge on a banker bet is 1.06%. Therefore, if you bet $1.00 for 10,000 games, the game balance should be around -1.06%*$10000 = -$100.60
Depending on what deposit and bonus offer you receive, the final balance will be different from casino to casino.

So lets suppose a casino offered you a 200% bonus with a 12x rollover. You will have to look in the fine print but for example BITOOMBA Casino says Baccarat hands equal only .25% of the rollover so we will have to multiply the 12x rollover by 4 to satisfy such bonus. If you deposit $100, just by playing Baccarat alone and only wagering $1.00 per spin you would have to play banker 14400 times to meet such rollover. Lets plug the numbers into the calculation and this is what you should end up around -1.06%*$14400 = -$152.64.

Initial Deposit  + $200 Bonus - $152.64 = +47.36

If this is the case the player has a real edge and is unsuitable for a casino to offer long term especially with bitcoins which anyone could actually create 100 accounts and take such bonus offers. One thing is certain, Most RNG casino software is designed to take advantage of players and without the really dumb providers exposing themselves (casino web scripts for example and also the same software Bit777 shilled for) it sadly goes undetected.

Hooray, do I see a light bulb above your head? Google is a good helper in situations like this, isn't it!

Now roll back and delete all your incompetent posts with the "all casinos that offer bonuses are rigged" statements. Cheesy Or maybe you are still not fully convinced? Do some more googling, you might find more answers!

I've got to tell you Alan, sometimes you do make my day!
sr. member
Activity: 280
Merit: 250
What you should be wagering here is bonus and not bonus + deposited amount.
Nope, that's actually correct for most casinos.

Maybe you would be surprised but most of the fiat online casinos have 0% wagering set on table games. And its quite normal.
No comment, I only play slots for the most part.

Mostly the wagering of the bonus is only possible with slots and its 100%. House edges on the slots are 2-4%. Also you would be surprised that people do manage to clear (complete wagering requirements) for their bonuses even with that in your opinion high house edge - its true many dont but still the % is higher than 10. I guess this has to do with the fact that the odds are truly in casino favour but on the other hands big wins happen as well. So then we are talking about the volatility of slot and payout distribution.

I've managed to clear the wagering requirements at casinos before, but it's a challenge and I'm only successful (now) maybe about 10% of the time. Last year when I'd drop 10BTC in a casino, it was easy... almost impossible if you deposit below a certain threshold. If you really think most casinos' slots only have an house edge of 2-4%, please direct me to them; I'm tired of what's available now. Here's what my game play is like now for the most part:


I entertain myself with the slots, so can't speak on other games. But not that I'm complaining about losing .15 bitcoins, I'll make a statement that I'll elaborate on later because it applies not just to you, but to many casinos using similar software. Your slots 'appear' to pay more than the usual. Except out of about 15 wins, only 1 results in a payout higher than the initial bet. Not in particular sustainable from a player's point of view. Without a 'big' or a 'mega' win, the chances of walking away with something in your pocket is slim.

Here's just a quick run down of my game play (but I don't have to tell you as you can check the logs):

betting the min of 30 chips...

first .1 bitcoin wagered - only five wins resulted in payout higher than 30 chips (.63, 1.53 [big win], .7, .43 with a bonus round that netted me .05)

second .1 bitcoin wagered got better - 10 wins resulted in payout higher than 30 chips, with 3 big wins of .93, 2.06, and 1.05.

It wasn't until the reserves started to get low did the slots decide it's warmed up enough; I got 3 mega wins (one 12.11 at the very last minute to keep me in the game). Even so, it was still just an average of 1 win every 10-15 wins that resulted in payout larger than initial bet.

Is this fair? On the surface these types of slots payout more frequently than others, sure. But the reality is they don't because those frequent wins are so small they count for nothing (average credits won I'd say was less than 10).

But I do like the games and the fact you can choose not to accept the bonus. I also like how the rollover requirements are there from the beginning so you know what to expect.

I've only played here once, so really can't give a detailed review... just thought I'd make mention of my observation, which I'll expand later accusing others Tongue   So this just doesn't imply to you, but to most of the fancier joints I've played.
sr. member
Activity: 280
Merit: 250
Regarding the rigged casinos it was a question actually. Regarding bonuses I don't see anything wrong for a casino having 40-50 times wagering requirement. In the end its up to the player if he wants to go that route or not. As mentioned you should be always able to cancel the bonus and keep your money shall you change your mind after depositing. Also I agree that many casinos are trying to be evil by tricking players into wrong decision by giving players too little info and then claiming afterwards that it was written in the small print. But luckily people are not stupid and this kind of techniques are short lived on the long run to keep up the reputable brand.

I think a good question is also how many Bitcoin casinos actually know how to provide good service to their customers. - Live support, how about responsible gaming where people actually can look for organisations that are providing help to addition with gambling or maybe having a nice user friendly FAQ.

Oh, I thought you were onto something  Tongue lol  But yes, it's just unfortunate what we have to experience just to find a place that won't cheat - this is coming from my experience. And I agree with you 100%... customer service isn't top priority, making money is. I wouldn't doubt when the well runs dry, flaky casino owners just go out and open up another. With the coins I've lost this year in casinos alone, I could open my own... seriously. Hell, I should do that.
newbie
Activity: 14
Merit: 0
In a 8 deck shoe of Baccarat the house edge on a banker bet is 1.06%. Therefore, if you bet $1.00 for 10,000 games, the game balance should be around -1.06%*$10000 = -$100.60
Depending on what deposit and bonus offer you receive, the final balance will be different from casino to casino.

So lets suppose a casino offered you a 200% bonus with a 12x rollover. You will have to look in the fine print but for example BITOOMBA Casino says Baccarat hands equal only .25% of the rollover so we will have to multiply the 12x rollover by 4 to satisfy such bonus. If you deposit $100, just by playing Baccarat alone and only wagering $1.00 per spin you would have to play banker 14400 times to meet such rollover. Lets plug the numbers into the calculation and this is what you should end up around -1.06%*$14400 = -$152.64.

Initial Deposit  + $200 Bonus - $152.64 = +47.36

If this is the case the player has a real edge and is unsuitable for a casino to offer long term especially with bitcoins which anyone could actually create 100 accounts and take such bonus offers. One thing is certain, Most RNG casino software is designed to take advantage of players and without the really dumb providers exposing themselves (casino web scripts for example and also the same software Bit777 shilled for) it sadly goes undetected.

What you should be wagering here is bonus and not bonus + deposited amount.

Maybe you would be surprised but most of the fiat online casinos have 0% wagering set on table games. And its quite normal. Mostly the wagering of the bonus is only possible with slots and its 100%. House edges on the slots are 2-4%. Also you would be surprised that people do manage to clear (complete wagering requirements) for their bonuses even with that in your opinion high house edge - its true many dont but still the % is higher than 10. I guess this has to do with the fact that the odds are truly in casino favour but on the other hands big wins happen as well. So then we are talking about the volatility of slot and payout distribution.
newbie
Activity: 14
Merit: 0
Provably fair casinos would go bankrupt if they would offer a bonus without some sort of exorbitant rollover requirement. Reason so, they are FAIR which is the keyword here. Companies that offer 200% cash bonuses for casino games clearly run a rigged house and should be avoided. Just take a look at the threads here this week, it's pretty clear who offers honest games and who does not.
I am sorry but I am not sure I understand your logic here quite well. Bonuses and free spins have been one of the biggest standard promotions in classic gambling industry. Why exactly you believe that in provable casinos it is different? Because all the big slot producers (NETENT, IGT, PT, WMS) are rigged?

Is that a fact? I don't doubt it, but guess I'll go consult Google. But I do agree with aksplace to an extent; casino's would go broke without a rollover requirement, they admit this - everyone would take the bonus and run. And think about it... if a casino offers an enormous bonus to every player and their games are really truly fair (whatever the hell this means, I don't even know anymore), what would that tell you about their bottom line? If their casino really has a 90+% payout as they claim, they're paying users for providing the entertainment! But even so, very few players actually meet the rollover requirement anyway. Bonuses attract players no doubt, it's all the baggage that comes along with it that's questionable.

Regarding the rigged casinos it was a question actually. Regarding bonuses I don't see anything wrong for a casino having 40-50 times wagering requirement. In the end its up to the player if he wants to go that route or not. As mentioned you should be always able to cancel the bonus and keep your money shall you change your mind after depositing. Also I agree that many casinos are trying to be evil by tricking players into wrong decision by giving players too little info and then claiming afterwards that it was written in the small print. But luckily people are not stupid and this kind of techniques are short lived on the long run to keep up the reputable brand.

I think a good question is also how many Bitcoin casinos actually know how to provide good service to their customers. - Live support, how about responsible gaming where people actually can look for organisations that are providing help to addition with gambling or maybe having a nice user friendly FAQ.
sr. member
Activity: 602
Merit: 260
In a 8 deck shoe of Baccarat the house edge on a banker bet is 1.06%. Therefore, if you bet $1.00 for 10,000 games, the game balance should be around -1.06%*$10000 = -$100.60
Depending on what deposit and bonus offer you receive, the final balance will be different from casino to casino.

So lets suppose a casino offered you a 200% bonus with a 12x rollover. You will have to look in the fine print but for example BITOOMBA Casino says Baccarat hands equal only .25% of the rollover so we will have to multiply the 12x rollover by 4 to satisfy such bonus. If you deposit $100, just by playing Baccarat alone and only wagering $1.00 per spin you would have to play banker 14400 times to meet such rollover. Lets plug the numbers into the calculation and this is what you should end up around -1.06%*$14400 = -$152.64.

Initial Deposit  + $200 Bonus - $152.64 = +47.36

If this is the case the player has a real edge and is unsuitable for a casino to offer long term especially with bitcoins which anyone could actually create 100 accounts and take such bonus offers. One thing is certain, Most RNG casino software is designed to take advantage of players and without the really dumb providers exposing themselves (casino web scripts for example and also the same software Bit777 shilled for) it sadly goes undetected.
sr. member
Activity: 280
Merit: 250
What's interesting is not the money, but the fact my email address i used has been spammed by 2 dozen online casinos ever since. I can do nothing to get myself off these lists.

Holy shit... This is happening to me now and I have no clue who the damn culprit is. Usually I give out my luckycris email... but I've signed up with a few sites recently using my real address, and like an idiot used my outlook client to send correspondence to tech support. Jesus. I may never know who sold my address.
hero member
Activity: 518
Merit: 500
FWIW, I played a few Internet casinos 10+ years ago when they offered free money. I played blackjack, luckily won and cashed out at $800.

What's interesting is not the money, but the fact my email address i used has been spammed by 2 dozen online casinos ever since. I can do nothing to get myself off these lists.

So:

1) Casino operators do not care about the law
2) They are a bunch of shit-heads.
3) The fact they would spam me for 10+ years without a single response shows what total shit-heads they are.

Smiley
sr. member
Activity: 602
Merit: 260
Provably fair casinos would go bankrupt if they would offer a bonus without some sort of exorbitant rollover requirement. Reason so, they are FAIR which is the keyword here. Companies that offer 200% cash bonuses for casino games clearly run a rigged house and should be avoided. Just take a look at the threads here this week, it's pretty clear who offers honest games and who does not.
I am sorry but I am not sure I understand your logic here quite well. Bonuses and free spins have been one of the biggest standard promotions in classic gambling industry. Why exactly you believe that in provable casinos it is different? Because all the big slot producers (NETENT, IGT, PT, WMS) are rigged?

Is that a fact? I don't doubt it, but guess I'll go consult Google. But I do agree with aksplace to an extent; casino's would go broke without a rollover requirement, they admit this - everyone would take the bonus and run. And think about it... if a casino offers an enormous bonus to every player and their games are really truly fair (whatever the hell this means, I don't even know anymore), what would that tell you about their bottom line? If their casino really has a 90+% payout as they claim, they're paying users for providing the entertainment! But even so, very few players actually meet the rollover requirement anyway. Bonuses attract players no doubt, it's all the baggage that comes along with it that's questionable.

Of course the math don't add up but they want you to believe its true, so every time you deposit and continue to lose it was just "bad luck". Most of these conman are worse then child rapist they would eat there own children if they had to. We are writing up a mathematical equation as we speak and breaking it down to show folks how they really roll who offer these so called HUGE BONUSES.
newbie
Activity: 14
Merit: 0
Hi guys,

I'm coming from iGaming industry and as you can see I'm quite new at this forum. I would love to hear your opinion about your experience good or bad with the Bitcoin casinos that you had so far.
Are you looking at it as a player or an actor?

1. Where do you like to play the most and why?
I think I will play the most at verajohn.com, since they have the highest quality of games, nice level system and so on. They claim to be "the first old" online casino that takes bitcoin.

2. Which is your favourite casino game?
Mega Fortune. Not really a bitcoin game but since I can now play it for bitcoin, I can win the huge jackpot.

3. Do you think current casinos are missing something that you would love to see in the next casino?
Well again, there's only the verajohn casino that has the high quality games that you should be used to from your iGaming background.

Thanks for the answers.

verajohn.com does look like a very nice solution. It's a blend of high quality content and bitcoin. Apart from accepting bitcoins still they miss almost all bitcoin casino primary advantages as I understand (provability, instant cashouts, privacy respected, no territory restrictions). Nevertheless I am sure they will attract a certain demographics of gamblers in bitcoin space.

I am sure that other classic online casinos will follow the lead.
sr. member
Activity: 280
Merit: 250
Provably fair casinos would go bankrupt if they would offer a bonus without some sort of exorbitant rollover requirement. Reason so, they are FAIR which is the keyword here. Companies that offer 200% cash bonuses for casino games clearly run a rigged house and should be avoided. Just take a look at the threads here this week, it's pretty clear who offers honest games and who does not.
I am sorry but I am not sure I understand your logic here quite well. Bonuses and free spins have been one of the biggest standard promotions in classic gambling industry. Why exactly you believe that in provable casinos it is different? Because all the big slot producers (NETENT, IGT, PT, WMS) are rigged?

Is that a fact? I don't doubt it, but guess I'll go consult Google. But I do agree with aksplace to an extent; casino's would go broke without a rollover requirement, they admit this - everyone would take the bonus and run. And think about it... if a casino offers an enormous bonus to every player and their games are really truly fair (whatever the hell this means, I don't even know anymore), what would that tell you about their bottom line? If their casino really has a 90+% payout as they claim, they're paying users for providing the entertainment! But even so, very few players actually meet the rollover requirement anyway. Bonuses attract players no doubt, it's all the baggage that comes along with it that's questionable.
hero member
Activity: 518
Merit: 500
Quote
I do not really see many casinos offering any deposit bonuses

Provably fair casinos would go bankrupt if they would offer a bonus without some sort of exorbitant rollover requirement. Reason so, they are FAIR which is the keyword here. Companies that offer 200% cash bonuses for casino games clearly run a rigged house and should be avoided. Just take a look at the threads here this week, it's pretty clear who offers honest games and who does not.

I am sorry but I am not sure I understand your logic here quite well. Bonuses and free spins have been one of the biggest standard promotions in classic gambling industry. Why exactly you believe that in provable casinos it is different? Because all the big slot producers (NETENT, IGT, PT, WMS) are rigged?

You can't find logic somewhere, where there isn't any. Alan was just trying to look smart in front of the newbies so he can lure them to his site... and they can lose their money in the provably fair casinos that pay him.

Sure would hate for a fella to lose bitcoins to a FAIR casino wouldn't we. People are starting to understand the importance of provable fairness we won't let you lead the sheep to the slaughter house and it's been a pleasure on doing so may I add. We are actually publishing a debacle showing how "slow" you really are shortly.

When you translate that into English please re-publish and I will read it.
sr. member
Activity: 602
Merit: 260
Quote
I do not really see many casinos offering any deposit bonuses

Provably fair casinos would go bankrupt if they would offer a bonus without some sort of exorbitant rollover requirement. Reason so, they are FAIR which is the keyword here. Companies that offer 200% cash bonuses for casino games clearly run a rigged house and should be avoided. Just take a look at the threads here this week, it's pretty clear who offers honest games and who does not.

I am sorry but I am not sure I understand your logic here quite well. Bonuses and free spins have been one of the biggest standard promotions in classic gambling industry. Why exactly you believe that in provable casinos it is different? Because all the big slot producers (NETENT, IGT, PT, WMS) are rigged?

You can't find logic somewhere, where there isn't any. Alan was just trying to look smart in front of the newbies so he can lure them to his site... and they can lose their money in the provably fair casinos that pay him.

Sure would hate for a fella to lose bitcoins to a FAIR casino wouldn't we. People are starting to understand the importance of provable fairness we won't let you lead the sheep to the slaughter house and it's been a pleasure on doing so may I add. We are actually publishing a debacle showing how "slow" you really are shortly.
hero member
Activity: 518
Merit: 500
Quote
I do not really see many casinos offering any deposit bonuses

Provably fair casinos would go bankrupt if they would offer a bonus without some sort of exorbitant rollover requirement. Reason so, they are FAIR which is the keyword here. Companies that offer 200% cash bonuses for casino games clearly run a rigged house and should be avoided. Just take a look at the threads here this week, it's pretty clear who offers honest games and who does not.

I am sorry but I am not sure I understand your logic here quite well. Bonuses and free spins have been one of the biggest standard promotions in classic gambling industry. Why exactly you believe that in provable casinos it is different? Because all the big slot producers (NETENT, IGT, PT, WMS) are rigged?

You can't find logic somewhere, where there isn't any. Alan was just trying to look smart in front of the newbies so he can lure them to his site... and they can lose their money in the provably fair casinos that pay him.

Provably fair is fine - its just provably fair at 47% or whatever. Show me a casino provably fair at 51% and I'll stop by Smiley
sr. member
Activity: 420
Merit: 250
Quote
I do not really see many casinos offering any deposit bonuses

Provably fair casinos would go bankrupt if they would offer a bonus without some sort of exorbitant rollover requirement. Reason so, they are FAIR which is the keyword here. Companies that offer 200% cash bonuses for casino games clearly run a rigged house and should be avoided. Just take a look at the threads here this week, it's pretty clear who offers honest games and who does not.

I am sorry but I am not sure I understand your logic here quite well. Bonuses and free spins have been one of the biggest standard promotions in classic gambling industry. Why exactly you believe that in provable casinos it is different? Because all the big slot producers (NETENT, IGT, PT, WMS) are rigged?

You can't find logic somewhere, where there isn't any. Alan was just trying to look smart in front of the newbies so he can lure them to his site... and they can lose their money in the provably fair casinos that pay him.
hero member
Activity: 518
Merit: 500
I dislike them all because they all provably take your money  Cool

They sure as hell do - one scheme after another. I make quite a big stink about it on their thread too. Matter of fact, I need to hit bitcoinvideocasion's thread up again. Damn slot machine discriminated against my larger bets and refused to hit any lines. But at least when it finally decides to pay, it pays. Unlike most of slot software out now. Sure, you'll hit something every few spins, but out of those, only about 1 out of 10 pays you higher than your initial bet. It's pretty shocking when a slot throws confetti at you and flash 'Big Win' in your face when you've only won .7 credits on a .3 game. OMG, the list just goes on and on. I should compile all this in one reference thread.

Simple answer - stop playing. We both know casinos are the ultimate riggers ....
sr. member
Activity: 280
Merit: 250
I dislike them all because they all provably take your money  Cool

They sure as hell do - one scheme after another. I make quite a big stink about it on their thread too. Matter of fact, I need to hit bitcoinvideocasion's thread up again. Damn slot machine discriminated against my larger bets and refused to hit any lines. But at least when it finally decides to pay, it pays. Unlike most of slot software out now. Sure, you'll hit something every few spins, but out of those, only about 1 out of 10 pays you higher than your initial bet. It's pretty shocking when a slot throws confetti at you and flash 'Big Win' in your face when you've only won .7 credits on a .3 game. OMG, the list just goes on and on. I should compile all this in one reference thread.
newbie
Activity: 14
Merit: 0
Quote
I do not really see many casinos offering any deposit bonuses

Provably fair casinos would go bankrupt if they would offer a bonus without some sort of exorbitant rollover requirement. Reason so, they are FAIR which is the keyword here. Companies that offer 200% cash bonuses for casino games clearly run a rigged house and should be avoided. Just take a look at the threads here this week, it's pretty clear who offers honest games and who does not.

I am sorry but I am not sure I understand your logic here quite well. Bonuses and free spins have been one of the biggest standard promotions in classic gambling industry. Why exactly you believe that in provable casinos it is different? Because all the big slot producers (NETENT, IGT, PT, WMS) are rigged?
newbie
Activity: 14
Merit: 0
hero member
Activity: 518
Merit: 500

Thanks for breaking it down. I do see your point that as soon as bigger slot providers start to support bitcoins there will be alot more great content available. As it is today there is nobody from the big slot producers allowing you to play directly with Bitcoins as far as I know. I guess its also a question if you provability wins over nice looking content (3d slot) for example?

How much do you spend for gambling per month would you say on average?

I am not your whale, I am your social player, maybe some day when BTC = $1mil I might be until then I play on USD average.

As more mass adoption hits, I think the provably fair issues will leave, I see it more as geek gambling.  Blackjack, roulette, and baccrat is easy either way but when you get into slots I want to be entertained, and only local slot game I play is Texas Tea.

Probably in a given month wife and I puts $100-200 a month into state run machines and we usually run about 10-25% deficient on that on a yearly average.  We do it socially, go out for an evening get dinner then play for a half hour and get a few drinks.  When we go to the local table game casino she puts $20 in slots, I play $100 of blackjack, but again its more of a night out, dinner drinks and etc.

Here in BTC earlier during college football season maybe $25-50 a week on sportsbettting and like I said ~$20 a week on black jack, but stopped mid season as BTC jumped from $100 a coin to $1000.  (These quick jumps are going to cause some in BTC to be cautious when the market moves)

Also as a note - I wont gamble any where here that wont keep it as BTC (no cash transactions) - though it would make a cheap exchange though, no transaction fees.

You run at 10% to 25% deficit - why do you do it?
hero member
Activity: 602
Merit: 500
I like just-dice the most because they seems very fair to me. On poker I like seals because of the number of players playing there.
b!z
legendary
Activity: 1582
Merit: 1010
Casino bonuses are only industry standard for RNG casinos, the ones that "fix games" or in a better term set a guaranteed casino percentage profit. And unlike most RNG software, provably fair casinos each hand or game is not a guarantee for the casino and the outcome is truly random. Long term success statistically is impossible for a provably fair casino offering bonuses without a huge rollover. I can only think of one provably fair casino that offers a bonus,they are also stiffing players as we speak. That statement was accurate

I cannot stop laughing right now.
sr. member
Activity: 420
Merit: 250
So Allan, essentially you are stating that Microgaming, Playtech, IGT, NetEnt, Sheriff Gaming, Novomatic, EGT and countless others are providing rigged software, because every single casino that uses their software offers large bonuses, and is also RNG and does not feature the provably fair technology. You must be out of your mind to make such a ludacris statement. Have you EVER had any closer encounters to such software? My best guess is NO, otherwise you would know better. You would know about the different randomness tests their RNG's have gone through, something that most bitcoin casinos have not (and of course are left vulnerable against different attacks). You would know that their "guaranteed percentage profit" is guaranteed after tens of millions of games - which is a mathematical guarantee not a software one, and there are 0 guarantees in the short term. You would know other important facts, but I am not here to educate you, that's your job.

After such statements I can only wonder how can you push your opinion as credible, when there is no common sense in it at all.
newbie
Activity: 14
Merit: 0
I will break it down like this - I bet sports (NCAA FB much pretty thats it) and play Blackjack and everyonce in a while Dice (modified Roulette) here.

For Provably Fair BJ

1. Casinobitco.in 2. BitcoinVideoCasino

For NonProvably Fair BJ - Real feel
1.  Bit777 - as they are only ones I trust with an RNG

Dice

1. Just-Dice 2. Coinroll.it

Sportsbooks

1 Casinobitco.in 2. Bitbook 3. Nitrogen - I use the three and honestly all offer great service and an assest to the BTC community, imo

As far as the other stuff out right now I will pass.

Why because I live in a state where Video Poker Parlors are allowed (and are within 500 yards of my house) and the IGT system is used and has state audited payouts.  My wife and I both play, she moreso than me as its a way to decompress, but if/when IGT games are on a Bitcoin site imo its game over.  Because games like Texas Tea, Lion Fish, and such are the standard, and such more fun to play.

Also live within 45 minutes of table games also so if I want to play BJ I can go there, but to sit down on the computer and throw $20 on some BJ on a Friday night without driving 45 minutes is nice, and why I play in BTC




Thanks for breaking it down. I do see your point that as soon as bigger slot providers start to support bitcoins there will be alot more great content available. As it is today there is nobody from the big slot producers allowing you to play directly with Bitcoins as far as I know. I guess its also a question if you provability wins over nice looking content (3d slot) for example?

How much do you spend for gambling per month would you say on average?
sr. member
Activity: 602
Merit: 260
Quote
I do not really see many casinos offering any deposit bonuses

Provably fair casinos would go bankrupt if they would offer a bonus without some sort of exorbitant rollover requirement. Reason so, they are FAIR which is the keyword here. Companies that offer 200% cash bonuses for casino games clearly run a rigged house and should be avoided. Just take a look at the threads here this week, it's pretty clear who offers honest games and who does not.

This is the most misleading statement I've read in recent days. I am surprised it comes from such a renown casino professional. Casino bonuses are industry standard, and they should and must be offered by any casino that wants to keep their players or attract new ones. Both online and land-based. The fact that some of the provably fair casinos are not offering such means that their owners are not very experienced in the gambling industry nor in marketing it.  

Casino bonuses are only industry standard for RNG casinos, the ones that "fix games" or in a better term set a guaranteed casino percentage profit. And unlike most RNG software, provably fair casinos each hand or game is not a guarantee for the casino and the outcome is truly random. Long term success statistically is impossible for a provably fair casino offering bonuses without a huge rollover. I can only think of one provably fair casino that offers a bonus,they are also stiffing players as we speak. That statement was accurate

sr. member
Activity: 420
Merit: 250
Quote
I do not really see many casinos offering any deposit bonuses

Provably fair casinos would go bankrupt if they would offer a bonus without some sort of exorbitant rollover requirement. Reason so, they are FAIR which is the keyword here. Companies that offer 200% cash bonuses for casino games clearly run a rigged house and should be avoided. Just take a look at the threads here this week, it's pretty clear who offers honest games and who does not.

This is the most misleading statement I've read in recent days. I am surprised it comes from such a renown casino professional. Casino bonuses are industry standard, and they should and must be offered by any casino that wants to keep their players or attract new ones. Both online and land-based. The fact that some of the provably fair casinos are not offering such means that their owners are not very experienced in the gambling industry nor in marketing it. 
hero member
Activity: 518
Merit: 500
I dislike them all because they all provably take your money  Cool
b!z
legendary
Activity: 1582
Merit: 1010
BitcoinReviewer.com has a list of reviews for popular gambling sites, as well as ratings from real players.
God
member
Activity: 169
Merit: 10
Hi guys,

I'm coming from iGaming industry and as you can see I'm quite new at this forum. I would love to hear your opinion about your experience good or bad with the Bitcoin casinos that you had so far.
Are you looking at it as a player or an actor?

1. Where do you like to play the most and why?
I think I will play the most at verajohn.com, since they have the highest quality of games, nice level system and so on. They claim to be "the first old" online casino that takes bitcoin.

2. Which is your favourite casino game?
Mega Fortune. Not really a bitcoin game but since I can now play it for bitcoin, I can win the huge jackpot.

3. Do you think current casinos are missing something that you would love to see in the next casino?
Well again, there's only the verajohn casino that has the high quality games that you should be used to from your iGaming background.
member
Activity: 84
Merit: 10
www.BITOOMBA.com
Hello cwil,

When did you not receive a payout of 6 BTC from Bitoomba?

And why would you say our software is "pretty buggy"?

We are constantly adding new games having 8 different slots, provably fair blackjack, baccarat roulette and dice with Video poker coming soon i think it's safe to say we have definitely improved in the last few months and getting even better...

This must have been one or two months ago, I won a large amount on I believe your dino cash game and when I went to withdraw it said displayed an error message similar to "[Object object]."  I believe this had to do with your hot wallet lacking funds.  Assuming that problem is fixed, I had no other issues with your casino and the games were unique and fun as I remember them.

Thanks for the kind words about our games and casino.

We did have some big wins in Dino Gold in the past 2 months and we have also had an 11BTC win in The Pirates this month but we have not had any payout issues (that we are aware of) furthermore it is not likely at all that our hot wallet was lacking funds.

Did you contact our support team regarding this issue? Can you send me your username in a PM so i can investigate?

sr. member
Activity: 602
Merit: 260
Quote
I do not really see many casinos offering any deposit bonuses

Provably fair casinos would go bankrupt if they would offer a bonus without some sort of exorbitant rollover requirement. Reason so, they are FAIR which is the keyword here. Companies that offer 200% cash bonuses for casino games clearly run a rigged house and should be avoided. Just take a look at the threads here this week, it's pretty clear who offers honest games and who does not.
sr. member
Activity: 294
Merit: 250
Bit777 is my favourite.......
sr. member
Activity: 285
Merit: 262
Hello cwil,

When did you not receive a payout of 6 BTC from Bitoomba?

And why would you say our software is "pretty buggy"?

We are constantly adding new games having 8 different slots, provably fair blackjack, baccarat roulette and dice with Video poker coming soon i think it's safe to say we have definitely improved in the last few months and getting even better...

This must have been one or two months ago, I won a large amount on I believe your dino cash game and when I went to withdraw it said displayed an error message similar to "[Object object]."  I believe this had to do with your hot wallet lacking funds.  Assuming that problem is fixed, I had no other issues with your casino and the games were unique and fun as I remember them.
hero member
Activity: 854
Merit: 658
rgbkey.github.io/pgp.txt
http://just-dice.com is by far my favorite casino becuase of the provable fairness, the low house edge, and the option to invest. After that, i'd put any website that has a fun game with the gambling, instead of just gambling to lose money.
member
Activity: 84
Merit: 10
www.BITOOMBA.com

Bitoomba certainly has some unique games.  In the past I've received payouts from them, and I've also not received a large payout of ~6 BTC from them.  They're flaky at best, and their software is pretty buggy.  They do seem to be putting out new content periodically.


Hello cwil,

When did you not receive a payout of 6 BTC from Bitoomba?

And why would you say our software is "pretty buggy"?

We are constantly adding new games having 8 different slots, provably fair blackjack, baccarat roulette and dice with Video poker coming soon i think it's safe to say we have definitely improved in the last few months and getting even better...

newbie
Activity: 23
Merit: 0
I have to say that I am an avid gambler and though I like the software provided by bitcoincasino24.com and http://casino.betcoin.tm, my favorite place to play is www.BetcoinCasino.com.  Their slot gameplay is almost like playing a video game and their payouts have been quick.  I prefer advanced games and graphics and multi-table setups which I am able to achieve there.  I am certainly always open to other places to play, but for now BetcoinCasino.com is my place and I would highly recommend it. 
sr. member
Activity: 285
Merit: 262
777coin has unfortunately been down for almost a day now.  I would recommend checking in on them in a day or so, as their games are pretty unique.  Bit777's lack of slots is due to an unresolved problem with their video slot software.  I'd refer you to them for more details about the issue.

bitcoincasino24.com is certainly a good site at least in that I can confirm they pay out.  I've personally won non-trivial amounts that were paid.  They are running a popular turnkey solution, see: casino.betcoin.tm.  A few others have popped up using that same software, but I don't recall their names.  Their software is not provably fair, but probably fair.

In regards to BC-Casino, they either have developer support or at least an in house developer.  I discovered a very specific exploit in some of their games that was fixed rather quickly.  In any case, they're not utilizing that developer to create new games, which is unfortunate.

Bitoomba certainly has some unique games.  In the past I've received payouts from them, and I've also not received a large payout of ~6 BTC from them.  They're flaky at best, and their software is pretty buggy.  They do seem to be putting out new content periodically.

About provable fairness, I think it's important to a certain group of people.  A lot of people in the bitcoin community are IT professionals or otherwise possess a keen mathematical sense.  We understand how easy it would be for a site not bound by the regulations of a brick and mortar casino to rig their games, so the logic behind a provable fairness system eases allows us to ease that fear.  Additionally, a certain joy can be had seeing such a system in place and working.  I would, however, argue the majority of your target audience, gamblers in general, do not possess the ability or interest to understand such a system, and fun game play is more important.  I think that it should be sufficient to have your software audited by an ISO 9001 compliant lab in lieu of provable fairness, and to be transparent about how your software arrives at any given outcome given your RNG's input.  Basically, the bitcoin gambling community invented a solution to a problem that the corporate world was unwilling to provide.  If it was not so prohibitively expensive to have software audited, there likely would not have been a need to invent the provably fair system.

As far as bonuses and such go, I think they're only good if your target audience will be interested in them.  Bitzino has been around for a relatively long time, and was geared towards bitcoin enthusiasts.  I'd argue that this group's reaction to the typical online casino bonus would range from a simple lack of interest to outright offense.  The rollover requirements generally make them a bad deal for the player, and bitcoin enthusiasts probably have the math and logic skills to understand that.  These days, your interest should be focused on gamblers in general, and they're a much more impulsive bunch.

I would personally rather see offerings from IGT or WMS than Microgaming.  That being said, a Microgaming bitcoin casino would still be welcome.  I suppose it comes down to whether or not you want to be moderately successful, or best in class.  Either is fine, but if you give me the ability to play DaVinci Diamonds with bitcoin, I'll be your first customer.
hero member
Activity: 626
Merit: 500
https://satoshibet.com
Anything provable fair I support
legendary
Activity: 1232
Merit: 1195
Not really a big gambler but I like to play the dice on Primedice. They only have that one game but I think new games are coming next month though.
newbie
Activity: 14
Merit: 0
What Cwil Said....

Also from that perspective provably fair gaming truly is the only way to go although we do have several RNG casinos thank rank near the top. Provably fair gaming is the new gold standard for online gaming. I do want to mention a more reliable provably fair 2 verification system is coming to stores shortly.

While doing weekly runs I personally hit this just an hour ago at Bitzino Casino

http://www.bitcoincasinopro.com/wp-content/uploads/2014/01/bitzino-4-deuces-poker1.jpg

I see your favourite casino is BitZino then according to this post? Wink I guess you must be running the bitcoincasinopro review page. Seems like a good entry for a newbie like me to discover the space:) How about promotions? I do not really see many casinos offering any deposit bonuses. Is this because there is an issue of abusing them? In the end the margins running your own games should be quite high so giving something on top should not be an issue.

Do you think provability is really so important and why the iGaming industry did not implement it yet?

To be honest I was trying to understand how it works on BitZino and there is no way I am able to prove the result with my knowledge - I get stucked with Marseene Twist ... . To me it seems like a good advertisement point but I fear for an ordinary Joe like me that would be too sophisticated to crack down and actually prove it manually.

Is provability important just for casinos that are running software from 3d party providers that are not very well known or casinos that are not really licensed to protect against scammers maybe?

I am not so sure that a normal casino player fear when playing a game from NET ENT or Playtech that they are actually tweaking their RNG? In the end most of the big casinos out there in the iGaming industry are either using Microgaming, Playtech or Netent and some others smaller providers. Games run on their servers for multiple operators so they have a huge reputation to loose if they would set up the games manually.
newbie
Activity: 14
Merit: 0
sr. member
Activity: 602
Merit: 260
What Cwil Said....

Also from that perspective provably fair gaming truly is the only way to go although we do have several RNG casinos thank rank near the top. Provably fair gaming is the new gold standard for online gaming. I do want to mention a more reliable provably fair 2 verification system is coming to stores shortly.

While doing weekly runs I personally hit this just an hour ago at Bitzino Casino

sr. member
Activity: 285
Merit: 262
Hi Nick,

I enjoy 777coin for their unique games and provably fair system.  Unfortunately their games, other than their most recently released slot due to it's bonus system, do not have much replayability.  Bit777 lacks a provably fair system, but they do have the best multihand blackjack game in my opinion.

I prefer slots for entertainment, and blackjack for gambling.

The current casinos all suffer from one of two problems: they're either lacking games, or too similar to each other.  The casinos with unique games like 777coin, bitcoinvideocasino, and bitzino do not seem to have very active development, so their games get stale.  Other casinos offering a large variety of games are using turnkey gaming solutions, and with only two reputable providers, their games also get stale, though it takes a little longer.  Bit777 has managed to be successful with a turnkey solution, though as far as I can tell, they're the only one using that particular provider's solution and they've managed to add new games through acquisitions and integrating other gaming packages from various providers.  There is one outlier, BC-Casino, with unique and fun games, but they've unfortunately seemed to have stopped adding new games and have lost relevance.  In the end, most people end up at dice sites like just-dice for their simplicity and house edge.

As you're coming from the iGaming industry, I'd suggest looking in to licensing games from a well known provider like IGT.  If you can create a site where people can play classic, familiar games like Frog Princess and Cleopatra, along with a good selection of table and card games, I think you'd easily attract the current bitcoin gambling community, as well as mainstream US gamblers looking to play the same games they can play in Vegas.  Going down this route has the potential to not only be very profitable, but also attract an entirely new segment of gamblers to bitcoin.
newbie
Activity: 14
Merit: 0
Hi guys,

I'm coming from iGaming industry and as you can see I'm quite new at this forum. I would love to hear your opinion about your experience good or bad with the Bitcoin casinos that you had so far.

1. Where do you like to play the most and why?
2. Which is your favourite casino game?
3. Do you think current casinos are missing something that you would love to see in the next casino?

Thanks for your answers.

Cheers!

Nick



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