Bitcoin Roulette – Taking the Game to a New Stage

How Bitcoin Roulette Works

Roulette is an easy game to understand; it all involves betting on where the ball will land on the wheel. Each round begins with the players staking their bets, and then the wheel is spun. The ball is thrown on a circular track around the spinning wheel, and when it finally lands on the wheel and stops on a segment, the round is over. Players with winning bets are paid out accordingly.

The European and French roulette games feature a 37-segment wheel, with numbered segments from 1 to 36, and a green 0 segment. The numbered segments are coloured red and black, alternating between the segments. American roulette features a 00 segment as well, making for 38 segments in total.

Roulette has a huge diversity of bets to be placed, and each has its own payout and risk level. Bets are placed on the roulette gaming table, and there are two major categories, the inside bets and outside bets.

Inside refers to wagers placed inside the grid, which include straight up bets on a single number, split bets on 2, streets, corners, and squares. The outside bets refer to the bets that cover more spaces, with high/lower, red/black, odds/evens, or columns or dozens. The fewer segments a bet covers, the larger the payout, but also the higher the risk.

Bets that cover more segments come at lower risk, but as a result, also have a lower payout. The payouts in roulette range from 1:1 right up to 35:1, and players can make as many wagers on a single round as they like. Roulette games are typically fast paced, and players can find tables with all kinds of gaming limits, from Bitcoin roulette tables that accept the equivalent of cents, to those that can take bets worth thousands of AUD in cryptocurrencies.

Games You Can Play

There are many variants of Bitcoin roulette games to analyze, and each has its own special features or slight deviations in the rules that can impact the way players bet.

• European Roulette – European Roulette is the most common form of the game, and features 37-segment wheels, the classic set of bets, and it has a low house edge of around 2.7%.
• French Roulette – French roulette has the same wheel, but it has additional French Roulette side bets, and has special rules on what happens if the ball lands on 0. The additional side bets, also called announced bets, cover various regions of the roulette wheel. These are the Jeu Zero, Voisins du Zero, Orphelins, and Tiers du Cylindre.
• If the ball lands on 0 in French roulette, then the table will either use the En Prison rule, or the La Partage rule. En prison means the wheel is spun again if players have an outside bet. With la partage, players with outside bets get half their money back if the ball lands on 0.
• American Roulette – American roulette uses the 38-segment wheel, which is the older version of the game that was imported to the US in the late 19th century. This extra segment enhances the house edge from 2.7% up to 5.4%.
• Live Bitcoin Roulette – Live Bitcoin roulette games are hosted in real casinos by dealers, and the action is streamed to the players in HD. This adds a new level of excitement to the games, as the players can watch the ball spin via multiple camera angles, and immerse themselves into the action.
• Auto Roulette – The instant roulette, or auto roulette games, are fast paced roulette games, in which multiple wheels spin simultaneously, making a more fluid and continuous game for players. The wheels are spun automatically, and cameras pan and zoom in on the wheels where the ball has stopped.

Tips for Bitcoin Roulette

There are various strategies associated with roulette, which Aussies can try out on the Bitcoin roulette games. From flat betting and planning for the longterm, to aggressively pursuing gains using the martingale progressive betting system. All gamers have their preferences when it comes to how they want to use the roulette bets, and which games they pick.

But there are a few tips that surpass all these strategies and can help players get started on the right foot. The best Bitcoin roulette strategies all involve setting a sturdy bankroll. Gamers are encouraged to plan ahead, making a weekly or monthly bankroll, and then deconstructing the funds into individual gaming sessions and into the stakes they play per round. Cryptocurrencies can be notoriously volatile, and therefore it is always important to set a clear budget.

American roulette, while hugely popular, has a larger house edge than the other variants, which is why it is best for newcomers to avoid these games completely. Every bet carries risks, and players have to appreciate the fact that there are no guarantees when it comes to playing Bitcoin roulette. The hardest lesson any player has to learn is when to swallow their losses and walk away. It is crucial for money managing, and the worst thing a player can do is keep going until they go bust.

Another top tip is to test out new strategies or roulette betting systems with demo versions. These are not just useful for beginners. Experts who want to test new tactics can use the demo versions to get a feel for the variance of their betting systems, and tweak where any tweaking is needed.

Legal Status of BTC Roulette

Crypto gaming and Bitcoin roulette casinos are not regulated under Australian law. The laws do not prohibit Aussies from joining crypto casinos, but they don’t officially recognise them either, creating a legal grey area where crypto gaming is concerned. Therefore, Aussie gamers have to be cautious when joining any roulette BTC casino. There are platforms that serve Aussie gamers, and also hold gambling licences from respected authorities such as Curacao. These sites adhere to international gambling legislation, and they are safe to play at.

The operators are based in the country where they are regulated, and jurisdictions such as Curacao, Malta, and Gibraltar are recognised in numerous countries around the world. Aussies can sign up to sites licensed by these authorities in the safety that their needs will be accounted for. The licensed casinos serve games that are provably fair to play and have high end security firewalls.

Crypto casinos don’t need the same KYC information as their fiat counterparts, as a significant part of the verification can be managed by identifying users through their crypto wallets. Players may be asked for some minimal KYC information, and by accepting the terms and conditions, they state that they are eligible to gamble. The crypto casinos can then verify the players by the crypto wallets they link to their account, and they don’t need to maintain sensitive information such as uploaded ID cards or driver’s licenses.

Thus, Aussies are not sharing their sensitive information with the casino, and for added anonymity, they can also use VPNs for further privacy. The decentralized nature of the crypto casinos make them accessible for players regardless of where they are based, unless, the crypto casino’s licence does not cover a specific jurisdiction.