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If the Bitcoin Casino at which you are playing at uses actual Bitcoins as the currency credited to your account then you are also able to reduce the value of each spin by playing at stakes such as one hundredth of a Bitcoin and any increment upwards thereof.
Another commonly asked question in regards to Bitcoin slots and one which is of course a very important question is in regards to them being completely fair and honest, and how can you be sure that you are getting a fair and random game when playing them online.
There are two ways in which Bitcoin slots arrive at the result of each spin, the first way is identical to when you play any currently available slot game from any of the major casino software platforms, and this is by these slots using a random number generator.
As soon as the slot reels have been set in motion the random number generator selects a number which is then transformed into either a winning spin or a losing spin.
Many Bitcoin slots work in this way including those casinos which utilize the main software providers gaming platforms, and as such you are guaranteed a completely fair gaming session when playing these kinds of slots.
There is another way in which a Bitcoin slot game will determine whether you are going to have a winning or a losing spin, and this is whereby a random string algorithm is used to determine whether you are going to have a winning or losing spin, however this is then stored online and time stamped so at the end of any session or spin you can double check the result which will prove you are receiving a completely fair game.
You are going to find just as many different categories of Bitcoin slots online as you would when playing in a standard online casino site that accepts multiple or single currencies.
So if you love nothing more than playing very basic, Classic slot machines then you will find more than enough of these types of slots. Bitcoin Classic slots come with just three reels and you can play one set payline per spin, however there are a few of these types of slots which now let you play up to five paylines per spin, but they all offer no kind of bonus game, just a fast playing base game on which any amount of cash can be won!
There are just as many Bitcoin Bonus Video slots now available online as you would find when playing at any other online casino, and as such if you like action packed playing sessions which can see you triggering many different kinds of bonus games and bonus rounds then do consider playing Bitcoin Video slots as they really are highly entertaining slots to play.
Progressive Bitcoin slot games are starting to appear online in growing numbers, you can win a progressive jackpot when playing these types of slot games either instantly and randomly or when you manage to line up the jackpot paying symbols as described on the slots pay table!
However, there are many casinos that allow players to make deposits in Bitcoin and then convert the funds in fiat currency.
This usually involves sending the casino operators a copy of a bank statement or utility bill. A huge advantage of using Bitcoin slot machines is that this cryptocurrency isn't tied to any particular government or bank, so your funds cannot be seized by authorities and they're always available for your use.
This is especially important for players who wager in jurisdictions where gambling is still unregulated. Moreover, it provides more anonymity and freedom to move your funds as you please.
BTC casinos do not require personal information for account confirmation when depositing or withdrawing, giving you more control on the data you share.
This is a gambling concept that is unique to Bitcoin slot machines and other games that use cryptocurrency and is intended to ensure both players and casinos can verify results and know that cheating did not occur on either side of the game.
Keep in mind that not all Bitcoin slots are provably fair. While the exact mechanism of provably fair games can vary between casinos, the following is a pretty good rundown of how the concept works.
First, a computer model is used for either the entire machine or each reel using a randomizing algorithm. This is essentially similar to how all online slots work.
Where things get different when you play Bitcoin slots is with the addition of a hashing algorithm. The player can then make inputs into the BTC slots that can impact the final result of the spin: You can compare what would have occurred given the initial fingerprint, then see how the player input impacted the spin.
Casinos utilise very secure encryption mechanisms and connections to transfer your money. Bitcoin can protect you even further by giving you additional anonymity, as well as the peace of mind that your funds will always be available for you to use.
Unlike fiat currency which is controlled by external agencies like governments and central banks, Bitcoin uses a peer-to-peer network that makes it almost impossible to seize or to identify its source.
Before playing at Bitcoin casinos it's best to understand how the currency works and learn about the best ways to use it online.
There are many benefits for players who use Bitcoin slot machines as they get enjoy better payouts and have more control over their money and their privacy.
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