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Advantages of Bitcoin Roulette

Anonymity – There are numerous cryptocurrencies out there, but Bitcoin is the oldest and most popular. It was birthed in 2009 with the sole goal of offering secure, cheap, and anonymous transactions. All your Bitcoin transactions are immutable and fully decentralized. No government, bank, or financial institutions can control or trace the transactions back to you.

To play crypto Roulette, you won’t be required to divulge your personal and financial data. You will only need to create an account by share your Bitcoin wallet ID (the place where your Bitcoins are held), and you are good to go. Your transactions on the Bitcoin Blockchain, which autonomously facilitates each transaction, verify it and adds it to the ledger. Nobody can trace your Bitcoin transaction back to you.

House Edge – Transaction fees in the bitcoin network are negligible as no middleman is involved. This has enabled casinos to pass on the benefits by lowering their house edge, which is an advantage to you as a player.

‘Provably Fair’ games – When playing the regular online roulette version, punters need to trust that the online casino won’t manipulate the outcome of the game. Bitcoin Roulette takes things a step higher by providing software that allows you to verify whether the outcome of the games was determined randomly or perhaps manipulated. You do not need to trust that the casino didn’t cheat, you get a way to verify that indeed, it didn’t.

A quick concern is that the casino could manipulate the game as well as the Probably Fair software, but based on how blockchain works, that is not possible. Once a transaction has been added to the blockchain, it cannot be changed in any way or reversed. The provably fair software is based on the blockchain, too, and the online casino cannot manipulate it too. Crypto transactions are probably fair and transparent.

How to Play Bitcoin Roulette

Bitcoin Roulette, just like online roulette, is played on a round table with boxed compartments numbered 1-36. Around these numbers are oval and rectangle shapes in alternate red and black colors. There is also a green section labeled 0. Wheels with one 0 are predominantly European with American wheels having an extra green compartment labeled 00. The 0 and 00 are used to place what are called inside bets.

Outside the boxes containing the number 1-36 are more boxes numbered 1-18. These numbers are used to place outside bets, and they are on the part of the roulette wheel across the dealer. A ball is then spun in one direction, and the small white ball is spun in the opposite direction. As the wheel revolves and slows down, it eventually comes to a stop on one of the numbered spots.

Now, your task as a player is to guess the number that the ball will stop on by placing your bet on the betting board prior to the ball being spun. If the ball stops on the number you predicted, you are declared a winner, and you get the reward.

To get started with BTC roulette, simply create an account with your favorite online casino (by sharing your public wallet ID) and makes a bitcoin deposit and be on your way to winning!

Bitcoin Casino Roulette Variations

There are three main variations:

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Roulette Rules

When playing bitcoin roulette online, there are a few things that you should remember:

Placing a Bet

You can place a bet before the wheel is spun, and even when the ball starts spinning until the dealer calls off all bets. You can also place single or multiple bets depending on how much you want to risk. Additionally, the more you bet, the higher your chances of winning, although the payouts might be considerably lower.

Types of Bets

There are two main types of bets that you can make:

Inside bets are those bets that you place on the numbers themselves and these typically come in seven options.

• Single/Straight – Refers to a bet on a specific number by placing your cheap within the square of that specific number.
• Split bet – This is a bet on any two numbers placed by placing the chip on the line that separates the two numbers.
• Six Line/Double Street – This is a wager on 2 neighboring rows. It’s placed by placing the chip on the corner of the two adjacent rows.
• Street This is a wager on a row of 3 numbers placed by putting the chip on the edge of the specific row.
• First Four/Basket – This is a wager on 0-1-2-3. It’s placed by putting the chip on the edge of O and the rows containing 1-2-3.
• Trio – This is a wager on 3 numbers one of which must be 0. Its placed by placing the chip at the point of intersection of the numbers.

Outside bets are those that you place on the other sections of the table outside of the numbers field, and there are usually five options.

• Low or high bets – Wagers on the upper half (19-36) or lower (1 to 18).
• Red or Black bets – Wagers on all black or red numbers.
• Even or Odd bets – wagers on all odd or even numbers.
• Column bets – wagers placed on a vertical column of numbers.
• Dozen bets – Wagers placed on the first dozen of numbers (1 to 12), second (13 to 24), or 3^rd dozen of number (25 to 36).

An important thing to remember when betting is that each game has set bet limits. Check the limits and pick a game that is in line with your strategy and how much you are looking to spend.

Payouts and Probabilities

The kind of winnings you get will depend on types of bets you place. Typically, outside bets have higher chances of winning (50/50) than inside bets, but their payout is relatively smaller. Inside bets have lower odds of winning but have bigger payouts.

European Roulette also has a slightly higher chance of winning than American version, due to having a single 0 as opposed to the two in the American game.

European games that follow the ‘la partage’ and ‘en prison’ rules have a lower house edge increasing your chances for a payout. Please note that these rules apply only to even money bets.

La Partage – This translates to ‘the divide’ and comes into play when the ball lands on zero after the wheel spin. When this happens, the dealer has to split all even money bets into two; half to the player and half to the house.

En Prison – When the wheel spins and lands on zero the dealer marks the bet as ‘in prison’. He then spins again, and if you win, you get your original bet back in full.

Roulette Betting Systems

There are several strategies that you can use to win your games. Some examples include:

• The Martingale – this is a strategy where you double your bet every time you lose, in the hope that when you eventually win, you will recoup all that you had lost.
• The D’alembert – this strategy is also known as a gambler’s fallacy because it believes that things will eventually ‘even out’. That is, the more one number occurs, the more likely your selected number will occur next, because, well, the ‘universe’ wants to even things out.
• The Labouchere – This strategy is popular with many players. It involves starting the game with a row of numbers written down. You then add the first and the last numbers on the line, and this will be your first bet. When you lose you add what you lost to the end of the line. If you win you cross out that number. It continues until all numbers are all crossed out (or until you leave the game).
• The Fibonacci – This strategy uses the Fibonacci sequence, a mathematical formula where a number on the line is a sum of the two that came before. For example, 1, 1, 2, 3, 5, 8, 13, etc. Many gamblers use this sequence in units of 10 to bet. After betting 10 numbers, they then bet the next 10 and so on.

Other strategies you can look into are the Paroli, Grand Martingale, and the Combo.