Bitcasino.io 💜 — Spinomenal Series Tournament 🏆 100,000 USDT prize pool

[Karl_BC]

Hey there
 
I bet you all have wondered how much should you bet on different slots Right?
Along with questions about penny slots and dollar slots, let’s find out the answers.

1. How much money should you put in a slot machine?

It depends on your balance. Slot machines have an average of 600 spins per hour. Meaning, if you wager for all the 600 spins in an hour, there’s a huge possibility that you will lose lots of money in just a short period of time.

Before you place bets, you should also consider the RTP or House Edge of the game if it’s worth the risk or not. If the house edge is high, then there’s more reason for you to place steady bets instead of going all out immediately.
 
2. Does it matter how much you bet on a slot machine?

If it’s progressive slots, then yes, because these games can give you a chance to accumulate the jackpot prize if you go for the maximum bet. However, if you play regular slots, how much you bet doesn’t necessarily matter because it has a fixed paytable that only pays you depending on the number of winning combinations you obtained on the reels.
 
3. Do bigger bets increase your chances of winning?

Not necessarily. As most casino games are purely based on luck, it’s hard to tell that your chances of winning can increase by placing bigger bets. However, if you incorporate tactics and strategies while playing, there’s a chance that you can be paid tremendously in no time.
Each slot game pays in accordance to the paytable and just because you place bigger bets, it doesn’t guarantee you’ll win it back immediately.

4. Should I go for the max bet?

It depends on the game.
Some slot games, especially progressive slots, require betting on the maximum to acquire the jackpot. Since progressive slots don’t have a fixed payout and keep getting larger when somebody plays, most of them require the players to go for the max bet. However, not all casino slot games are like that.
Regular slots offer a fixed payout depending on how many winning combinations you acquire in the game. There is a fixed theoretical RTP per game, though the actual RTP varies because this solely depends on how much you can win.

Check if there are bonus rounds and free spins.
Going for the max bet may be advisable if the slot games offer bonus rounds and free spins. This can give you more chances to double, triple or even quadruple your bet. Do keep in mind, though, that going for the max bet immediately would be a disadvantage if you haven’t won anything yet.

Tip: You can try low max bet games first
If you’d like to try max bet but aren’t so sure about how it works, then look for games that offer low maximum bets. This will give you the opportunity to play the maximum bet while still keeping to your limit.

5. Do higher denominations slots pay better?

Yes, they do have an advantage because they pay more compared to regular limit slot games. However, it’s important to note that it doesn’t guarantee you will receive high paybacks all the time.

The RTP of the game and payouts should be taken into consideration. Make sure to do your research or try “fun mode” before playing the game, as it can help you decide if you should invest your money on the game or not. We also encourage you to look into reviews from other players who have won the jackpot prize to help you get a clearer grasp of the game.

Penny slots vs. Dollar slots

When maximum bets are discussed, the topic of penny slots and dollar slots often come up. They’ve even become one of the most talked-about terms in gambling because of its different bet denominations, paylines and payouts.

Penny slots
Penny slots allow players to bet as low as a penny or 0.01 of a coin, making them cheaper than dollar slots. They usually have a minimum of 20 paylines, and a lower payout. Because bets can be as low as a penny, placing a maximum bet on a penny slot may not cost too much.

Dollar slots
Compared to penny slots, dollar slots cost at least one dollar to play. While they’re usually single-payline slots with three reels and a maximum bet of 2-3 coins, there are other machines that have five reels and/or multiple paylines. According to gambling pros, dollar slot games offer a higher percentage of payouts compared to penny slots that range from 93 to 95%.

Fun fact: Penny slots can cost more than a penny
While they are called penny slots, it does take more than just a single penny to play as. There are requirements that you need to fulfill in each spin. For example, depending on the game, you have to bet at least 50 coins/credits first in order to play. This means that it will cost 50 pennies to play a single round.

6. Is it better to play penny slots or dollar slots?

To know which is better between the two, you need to decide for yourself. It depends on your preference. Do you like to place bets on cheaper slots and win like penny slots, or challenge yourself for a higher payout yet risking much higher bets in dollar slots?

Best penny slots you can play at Bitcasino

Ready to play modern-day penny slots? Here are three of the best penny slots that you can play right here at Bitcasino:
Book of Dead
Double Tigers
Necromancer

Always consider your balance

Regardless of the payouts and RTP, the most important thing you should consider is to play by your balance.
Choose the best slot game that offers the best payouts for you and wish that the odds are also in your favour to win the game.

Cheers
Karl

[Karl_BC]

Hi guys

Do you like Rosh Immortality Cube Megaways slot by GameArt?
Then you’ll also like our new promotion with €10 000 prize pool!

How to win a share:

* Play the game
* Collect the points
* Climb the leaderboard

Things to know:

* Every wagered €1 gives you 1 point
* Promo runs until September 30 23:59 GMT
* €10 000 prize pool will be distributed among 150 players

Are you ready to have some fun?

Go to: Promotions > Rosh’s €10K Cash Clash

Enjoy
Karl

[Karl_BC]

Hey

Come and celebrate Oktoberfest with us!

Upcoming weeks we will have several tournaments.
The 1st one is here: Red Tiger “Total Bet Sum” tournament.

Get your share of 150 mBTC:

* Log in & opt in
* Play any game by Red Tiger
* Wager at least 0.5 mBTC to get 1 point
* Climb the leaderboard

Prizes will be paid out September 28, by 17:00 GMT

Bitcasino.io > Tournaments > Oktoberfest Red Tiger tournament

Cheers
Karl

[Karl_BC]

Cheers, guys

Oktoberfest is in full swing, so let’s cheer to good times!

2nd tournament is the highest win multiplier tournament with 250 mBTC prize pool.

Play any games by these providers:

* Yggdrasil
* NetEnt
* GameArt
* Caleta
* Pragmatic Play

The minimum bet amount for each spin is 0.02 mBTC.
Tournament runs until October 1, 23:59 GMT.

Go to: Bitcasino.io > Tournaments

PS. 4 more tournaments are on the way, so stay tuned

Enjoy,
Karl

[Karl_BC]

Hey spinners

Join the fun Quickspin Festival and get a chance to win a share of the €100,000 prize pool!
The campaign consists of weekday tournaments and 2 grand weekend tournaments.

How to participate:

* Play the selected Quickspin games
* No minimum bet amount
* There will be an in-game leaderboard in each selected game during the tournaments
* The highest single spin win amount adjusted for bet amount wins the tournaments

Start here: Bitcasino.io > Promotions > Quickspin Festival

Enjoy
Karl

[Karl_BC]

Hi guys

As we all know Bitcoin has changed the fintech industry forever. Currently, the “digital gold” is the leading crypto asset in the world.

As the economy inches closer and closer to the digital age, digital transactions seem to be the way to go. After Bitcoin and other digital currencies had a bullish run in 2017, many countries saw their potential and slowly started adopting them in their economy. Out of all the cryptocurrencies out there, Bitcoin remains to be the main choice in a lot of countries.

Let’s look at the top hotspots that use BTC.

Malta

When it comes to the crypto adoption race, Malta is one of the countries that are ahead of the race. In 2018, the Maltese government approved three cryptocurrency laws that helped businesses relating to digital currencies to flourish. Since the bills were passed, many start-ups and exchange sites opened in the country, contributing to economic growth and employment.

Currently, Malta is now home to a host of major crypto exchange sites such as Binance, OKEx, DQR, and ZB.com. According to Binance CEO Changpeng Zhao, Malta has a huge potential to become the world’s blockchain island.

Known as the ‘international advocate’ of blockchain technology, Malta also hosts one of the largest and most prominent blockchain events in the world. The Malta Blockchain Summit is an annual event that features some of the biggest names in the crypto space such as the Winklevoss Twins, John McAfee, Tim Draper, Roger Ver, and Nouriel Roubini.

Singapore

In Southeast Asia, Singapore is established as one of the countries thriving in the fintech industry. It’s no surprise then, that the country is also one of the leading Asian countries in the crypto adoption race. Right now, Singapore is home to some of the biggest digital asset exchanges such as Tenx, CoinGecko, Coinbene, Huobi and Binance.

When it comes to crypto regulations, Singapore has a more relaxed set of rules. One of the major movements the government did was to collaborate with major companies such as NASDAQ, Deloitte and Anquan to oversee the crypto trade settlements. To keep track of the crypto businesses in the country, Singapore also asked crypto entities to register with the Monetary Association of Singapore.

Canada

Bitcoin has a strong following in the Great White North. According to Bitcoin.com, Canada’s Bitcoin growth soared up to 112.45% for the first quarter of 2020. To manage the flow of Bitcoin in the country, the government imposed stringent rules for more growth and steady transition to digital currency.

For example, Canadian government requires that all crypto exchanges in the country register with the Financial Transactions and Reports Analysis Centre of Canada (FinTRAC).

The Canadian government has also installed 40 Bitcoin ATMs in Vancouver to help make Bitcoin more accessible to people. Bitcoin is also accepted for everyday use as at least two dozen shops and e-commerce stores accept the cryptocurrency as payment across the country.

United States

When it comes to adopting technology, the United States is one of the countries heading the race. Hence, it’s no surprise that this country features some of the biggest cities that have adopted Bitcoin.

San Francisco, a Bitcoin-friendly city, is currently home to some of the biggest digital coins exchange platforms such as Coinbase and Kraken. More than two dozen shops ranging from restaurants and bars accept Bitcoin and other cryptocurrencies as payment, and users can also access Bitcoins from 19 ATMs.

New York is another Bitcoin-friendly city in the United States where users can spend their BTCs in more than 3 dozen shops and e-commerce sites. The concrete jungle has 14 Bitcoin ATMs around the city and is also the home of the Winklevoss Twins’ brainchild, Gemini.

Israel

Tel Aviv is Israel’s leading city when it comes to cryptocurrency adoption. Right now, Tel Aviv has more than a dozen shops and e-commerce sites that accept Bitcoin with several Bitcoin ATMs around the city. Aside from the country’s open support of Bitcoin, Tel Aviv also hosts one of the biggest BTC groups: the Israel Bitcoin Meetup Group with upwards of 3,800 members.

Netherlands

Netherlands’ capital, Amsterdam, is home to some of the biggest mining hardware companies, Bitfury and Bitpay. When it comes to Bitcoin adoption, at least 30 stores accept Bitcoin payments and it’s accessible as there are more than a dozen Bitcoin ATMs around the city. Other cities such as Utrecht, Rotterdam, and The Hague also accept Bitcoin and other cryptocurrencies.

United Kingdom

The capital of the United Kingdom is one of the leading European countries when it comes to cryptocurrency adoption. Currently, London features at least 50 shops and e-commerce sites that accept BTC, and 130 Bitcoin ATMs located across the city.

Home to Coinfloor, one of the oldest digital exchange sites in the United Kingdom, London is also active in hosting various types of cryptocurrency meetups, forums and seminars. Aside from London, other cities in the United Kingdom that feature Bitcoin ATMs are Aberdeen, Cambridge, Cardiff, Oxford, and Leicester.

Slovenia

Slovenia is one of the prominent European countries that use Bitcoin. Its capital, Ljubljana, has several Bitcoin ATMs and more than 1,000 stores and online shops that accept Bitcoin through a payment app called GoCrypto. Slovenia is also home to Bitstamp, one of the biggest crypto exchange sites, and has accepted at least 13 crypto exchanges that offer Bitcoin. Furthermore, the city of Ljubljana established a 475,00 meter-squared shopping center named BTC City that features shops that use tech solutions such as blockchain, artificial intelligence and cryptocurrencies.

 
Let us know how popular is Bitcoin in your country?

 
Thanks
Karl

[Karl_BC]

Guys,

How do you like rock music?
We love it

Here’s your chance to bring out the rock star in you and find your way around the fun palace in the Annihilator slot.
Strum your guitar and join the members of Annihilator for an opportunity to obtain the jackpot prize worth 5,000x your stake!

Slot review can be found in our blog.

Enjoy
Karl

[Karl_BC]

Cheers, guys

Our Oktoberfest celebrations continue with a Play’n GO “total bet count” tournament.

How to win a share of 150 mBTC:

* Opt in before your first spin
* Play any game by Play’n GO
* Minimum bet is 0.02 mBTC
* Tournament type is bet count
* Tournament runs until October 4, 23:59 GMT

PS. Get double points when you play Reactoonz 2.

Log in to Bitcasino and click on the Tournaments.


Good luck
Karl

[Karl_BC]

Guys,

I have some great news, again
Craving for another beer (read: tournament)?

Oktoberfest continues with the highest win multiplier tournament.

Win your share of 200 mBTC:

1. Minimum bet is 0.02 mBTC
2. Don’t forget to click the opt in button
3. Play any game by these providers:

* Caleta
* Kalamba
* Green Jade
* Habanero
* OneTouch
* Betsoft

Log in > Tournaments

Cheers
Karl

[Karl_BC]

Hey

There are many basic Baccarat techniques you can find online, but there is one effective strategy tried and tested and by Baccarat experts!

The Baccarat attack strategy requires players to increase the amount of wagers depending on the game situation.
It may seem a little complex to follow but you can easily learn it, especially if you’re familiar with the basic game rules.


How to use Baccarat attack?

Based on the unique process of slicing and dicing the baccarat game into smaller segments, baccarat attack follows a set of tactics called ‘Attack, Retrench and Win’. This technique believes in good timing. According to the book, baccarat attack requires you to wait for the perfect opportunity to strike instead of continuously hiking up your wagers.

For higher chances of winning, you have to “Attack” once you’re in a winning mode. Consequently, if you’re experiencing a losing streak, you have to retreat and go back to wagering small amounts. This will ensure that you won’t suffer huge losses.

Using this baccarat technique also makes use of the Trend-Anti-Trend betting system. For this, you have to start in a neutral mode. Once you set your first wager, this technique will decide whether you will proceed with “Attack” or the “Retrenchment” mode.

You have to remember that using this game tactic requires you to increase bets for every round. Whether you’re on “Attack” or “Retrenchment” mode, you have to build up your wagers. Additionally, to effectively use the baccarat attack strategy, you have to change your bets depending on the progress of the game.


Baccarat attack strategy review - does it work?

According to Greg Fletcher’s book, incorporating this technique can generate at least a 93.75% win rate. Additionally, implementing attack techniques increases your chances of winning because it allows you to wager on higher stakes. It also ensures that you can make up for your losses if you take home astounding payouts.


Can anyone use the baccarat attack strategy?

Baccarat attack strategy is an effective tactic you can use, especially if you want to secure high payouts in baccarat. It may not be as easy as the other strategies, but you can still master it, especially if you already know the game mechanics.

Baccarat strategies are only effective if you have the money to make up for your losses and if you win. As always, when it comes to casino games, there are no guaranteed returns. What the attack strategy does is solve this by making you wager on different modes, which gives you higher chances of winning.

The baccarat attack strategy features four bet types that you can make use of:

* Starter Bet - This type of bet requires you to place the entry wager amount in order for you to join the game. The amount depends on the type of baccarat you’re playing.

* Trigger Bet - The trigger bet is the wager you place after the starter bet. You need to double the amount of the starter bet for this. For example, if the starter bet you placed is $ 3, you need to wager $ 6 for the trigger bet.

* Attacking Bet - The attacking bet is where the fun part starts. If you succeed in the trigger bet, you will transition to this mode. You have to increase and lower your wagers in a certain order. You have to start with half of the amount of the trigger bet then slowly work your way up as long as you have a winning streak.

* Retrenchment Bet - You have to shift to the retrenchment bet once you lose in the trigger bet or attack bet. To do this bet, you have to increase your wagers continuously. Add the starter bet to all your bets, respectively.


How much can you expect to win using the baccarat attack strategy?

According to Fletcher’s handbook, if you’re playing online baccarat with a minimum wager, you can take home an estimated amount of  $ 2,000 a day. You can still increase this as long as you’re consistent with your gameplay.

Check out the Baccarat games on our site & use the strategy!

Cheers
Karl

[Karl_BC]

Guys,

I have some great news, again
Craving for another beer (read: tournament)?

Oktoberfest continues with the highest win multiplier tournament.

Win your share of 200 mBTC:

1. Minimum bet is 0.02 mBTC
2. Don’t forget to click the opt in button
3. Play any game by these providers:

* Caleta
* Kalamba
* Green Jade
* Habanero
* OneTouch
* Betsoft

Log in > Tournaments

Cheers
Karl

Hey

You still have time to participate on our Oktoberfest 4th tournament.
Play games by selected providers & grab your share of 200mBTC!

PS. 2 more tournaments are coming up, so stay tuned

Good luck,
Karl

[Karl_BC]

Cheers!

Our 5th tournament of Oktoberfest is active now!

Win your share of 130 mBTC price pool:

1. Play any games by selected providers
2. For each wagered 0.5 mBTC you will get 1 point
3. The tournament type is total bet sum
4. The leaderboard is updated in real-time
5. Tournament runs until October 11, 23:59 GMT

Go to: Bitcasino > Tournaments

PS. We have 1 more tournament coming up to celebrate the bier fun  

Enjoy
Karl

[Karl_BC]

Hi guys

Our Oktoberfest last tournament is ON!

We’ve got a big 500 mBTC prize pool waiting for you in our total bet sum tournament.

Collect points by playing any games by these providers:

* Caleta
* Yggdrasil
* Play’n GO
* Red Tiger
* Microgaming
* Wazdan
* Gamomat
* OneTouch

PS. Playing games by Caleta, you get 2 points for each wagered 0.5 mBTC.

You have time until October 18, 23:59 GMT, so start NOW!

Go to our Tournaments page.

Good luck
Karl

[Karl_BC]

Hi everybody

Commonly known as “DeFi”, decentralized finance has become a rather hot topic in the cryptocurrency world this year. Having financial services move to a decentralized platform is seen by many to be an exceptional cryptocurrency use case, especially for Ethereum.

Recently, Cointelegraph reported that more than US$1 in Bitcoins (BTC), almost 100,000 BTC, has now been tokenized for DeFi on the Ethereum network. This is said to be equal to DeFi’s entire total value locked (TVL)  less than four months ago this year.

With the rise of DeFi, this brings us to ask: is it really benefiting Bitcoin? Let’s start by taking a look at what DeFi is.

What is DeFi - decentralized finance?

Previously known as “open finance”, DeFi is said to be inspired by blockchain’s own decentralization - where no person or authority is able to control it; instead, transactions are verified by a network of computers.

DeFi, similar to blockchain, cuts out the middlemen from financial transactions, allowing for advantages such as faster transaction speeds and lower fees. It leverages on blockchain to expand its use, allowing more complex financial use cases to happen rather than just a simple value transfer. In fact, most of it is even built on top of Ethereum (ETH) - the second-largest cryptocurrency platform after Bitcoin.

Why the Ethereum network? Because of the ease of building different types of decentralized applications (dApps) that go beyond simple transactions - something which Vitalik Buterin, the creator of Ethereum, already highlighted in the original Ethereum white paper published in 2013.

How Bitcoin can be boosted by DeFi

Since May 2020, Bitcoin’s price has been hovering around the range of US$8,500 to US$10,000+. DeFi tokens, on the other hand, has surpassed Bitcoin massively, as seen on CoinMarketCap - many of the best performing cryptocurrencies seem to be DeFi-focused.

What’s interesting to note is that the more DeFi tokens gain upward momentum, the more Bitcoin could possibly be boosted when DeFi undergoes a correction; which could happen with Ethereum 2.0 that will look at the scalability of the Ethereum platform.

Kelvin Koh, a partner at Spartan Group - an advisory firm and crypto fund, supports this. In a tweet he shared on June 9, 2020, he observed that there will be a point in time when the valuations of “smaller altcoins (esp DeFi ones)” begin to “look frothy”, and that’s when “capital will flow back” to BTC.



A pseudonymous Bitcoin trader also supports this. They predicted that when the DeFi bubble “comes crashing down”, one can expect to see Bitcoin getting a small boost.




 
DeFi tokens, Altcoins and Bitcoin

Both observations above take into account the fact that altcoins trade against BTC, ETH or other stable coins, rather than fiat currencies. Therefore, should traders want to manifest their altcoin profits, they’ll have to acquire Bitcoin, Ethereum or a stable coin.

As of the first week of October 2020, the current total market cap of DeFi tokens already stands at US$15.1 billion, according to DeFi Market Cap.
Should these DeFi tokens retrace, even by just a little bit, this could mean more than just “a small pump” (as the pseudonymous Bitcoin trader says) of money going into Bitcoin and Ethereum. Yes, we’re talking millions of dollars here!

Bitcoin tokenization

Indeed, it has been reported more than US$1 billion in Bitcoin, or almost 100,000 BTC, has now been tokenized for DeFi.
What makes this even more buzzworthy is that more than half of this was migrated in a 30-day period from mid-August to mid-September 2020. Furthermore, DeFi Pulse has found that these BTC were tokenized with the use of other protocols rather than the Lightning Network that was created to enable faster BTC transactions.

Bitcoin and WBTC

A large majority of BTC that’s been tokenized on DeFi and locked in the Ethereum network is in the form of Wrapped Bitcoins (WBTC). Data analysis provider Skew, a data analysis provider, has found that the total value of BTC in WBTC was US$353 million as of August 28, 2020.

So… is DeFi benefiting Bitcoin?

For now, it seems so, especially with the trend of DeFi rising since the middle of 2020. But as they say... who knows what the future holds? With Forbes observing that DeFi’s sustainability remains to be seen, it may be possible that Bitcoin will not benefit from DeFi in time to come. We’ll have to wait and see what Ethereum 2.0 has in store for DeFi and subsequently, how it may benefit Bitcoin.

You are welcome to share your thoughts.

Thanks
Karl

[Karl_BC]

Hi guys

Our Oktoberfest last tournament is ON!

We’ve got a big 500 mBTC prize pool waiting for you in our total bet sum tournament.

Collect points by playing any games by these providers:

* Caleta
* Yggdrasil
* Play’n GO
* Red Tiger
* Microgaming
* Wazdan
* Gamomat
* OneTouch

PS. Playing games by Caleta, you get 2 points for each wagered 0.5 mBTC.

You have time until October 18, 23:59 GMT, so start NOW!

Go to our Tournaments page.

Good luck
Karl

Hey!

Don't forget it's your last chance to participate in our Oktoberfest promo.
The last tournament runs until this Sunday, so you have still some days.

Play games, collect points and climb the leaderboard to win your share of 500 mBTC.

Dont forget, if you play games by Caleta, you'll get double points!

Good luck
Karl