Imagine the thrill of the roulette wheel spinning, the small ball zipping around the edge, and the anticipation building as the wheel slows down, all while the stakes are high in the world of digital currencies. Welcome to the exciting realm of Bitcoin roulette, where the age-old casino classic meets modern-day financial technology!
Roulette, with its origins tracing back to 18th-century France, has long been a staple in casinos around the world. It is a game that has transcended time, and its allure is as potent today as it ever was. However, as we increasingly move into a digital age, even time-honored traditions like roulette are getting an upgrade.
As for Bitcoin, it has been a game-changer for all sorts of online transactions, and its impact on the online gambling industry has been nothing short of revolutionary. Offering unparalleled speed, lower fees, and a level of anonymity that traditional payment methods cannot match, Bitcoin has redefined the gaming arena.
Now, what happens when you marry these two phenomena together? You get Bitcoin roulette – a fresh, modern take on a classic game where you can wager and win in Bitcoin. This guide aims to take you through the nuances of Bitcoin roulette, from its mechanics to strategies and everything in between.
What is Bitcoin roulette?
At its core, Bitcoin roulette is the union of two groundbreaking inventions – Roulette, a game with origins stretching back to the annals of European history, and Bitcoin, a revolutionary digital currency that has forever changed our approach to financial transactions.
Bitcoin Roulette has modernized the experience, pulling it into the 21st century with incredible gusto. Here, transactions are swift, with the rapidity of Bitcoin deposits and withdrawals making traditional banking methods look archaic in comparison.
There is also the matter of reduced or even zero transaction fees, which means that more of your winnings end up in your pocket and are not lost in banking bureaucracy. Anonymity, another major hallmark of Bitcoin transactions, is another enticing feature for players who wish to keep their gambling activities discreet.
Bitcoin roulette has opened the game to a global audience in ways we could only dream of before. Traditional fiat currencies come with exchange rates and conversion fees, but Bitcoin is a universal currency, freeing players from the constraints and costs of cross-border gambling.
Bitcoin roulette is not just an update. It is a genuine upgrade. It marries the anticipation and thrill that has made roulette an enduring favorite with the advanced capabilities of digital currency, providing a gaming experience that is simultaneously traditional and innovative, exciting and efficient.
How to play Bitcoin roulette online?
Roulette has become the very symbol of the gambling industry. It is impossible that you have never heard of this iconic casino game with its numbered pockets. Online roulette is the digital transposition of this famous table game. The rules of online Bitcoin roulette are the same as in brick-and-mortar casinos.
To play online roulette, the player must first buy chips to bet with. Afterward, they will place their bets on the table section of their choice and leave the rest to chance. Indeed, roulette is a game whose rules are easy to remember and does not require any particular type of training.
Playing Bitcoin roulette online is as easy as pie. The goal of roulette is to predict the numbered pocket in which the white ball will come to rest. To do this, players are offered the opportunity to place their bets on single numbers or groups of adjacent numbers. Here is a short overview of the various bets you can place when playing roulette:
Inside bets
- Straight-up bet = This bet is placed on a single number. You need to place your stack of chips in the middle of the box marked with the number you want to bet on. Your chances of winning are quite slim (only 1 in 37 in European roulette and 1 in 38 in American roulette). That is why the payout for this type of bet is 35 to 1.
- Split bet = This bet covers two adjacent numbers. You need to place your chips on the line that separates the two numbers. You have twice as much chance of winning this bet than the one we mentioned previously. The payout for this type of bet is 17 to 1.
- Street bet = This bet covers three numbers in a row. You need to place your chips on the line at the beginning of the row. The payout for this type of bet is 11 to 1.
- Corner bet = This bet covers four adjacent numbers forming a square. You need to place your stack of chips on the intersection of these four numbers. For example, 7, 8, 10, and 11 are a square among many others. The payout is 8 to 1.
- Six-line bet = This type of bet covers six numbers in two adjacent rows. It is also referred to as a double street bet. You need to place your chips on the intersection of the two rows in question. The payout for this type of bet is 5 to 1.
- Trio bet = This type of bet involves placing a bet on three adjacent numbers on the table layout, including a 0 (or 00 if you play American roulette). For instance, a “Trio bet” might include the numbers 0, 1, and 2 or 00, 2, and 3. The payout for this type of bet is 11 to 1.
- First four bet = This type of bet is only available on a European roulette table, and it involves placing a bet on the numbers 0, 1, 2, and 3. You need to place your chips on the outer corner where the 0 and 1 meet, and the 0 and 3 meet. The payout for this type of bet is 8 to 1.
- Basket bet = This type of bet is only available on an American roulette table, and it involves placing a bet on the numbers 0, 00, 1, 2, and 3. You need to place your chips on the outer corner where the 0 and 1 meet, and the 00 and 3 meet. The payout for this type of bet is 6 to 1.
Outside bets
- Dozen bet = This bet covers 12 numbers. The stack of chips must be placed on “1st 12” (for numbers between 1 and 12), “2nd 12” (for numbers between 13 and 24), or “3rd 12” (for numbers between 25 and 36). The payout for this type of bet is 2 to 1.
- Column bet = This bet also covers 12 numbers. The stack of chips must be placed in one of the three “2 to 1” sections located at the bottom of each column. For example, if you place a bet on the second column, it will cover numbers 2, 5, 8, 11, 14, 17, 20, 23, 26, 29, 32, and 35. The payout for this type of bet is 2 to 1.
- Red or Black = This is a bet on either red or black numbers. Place your stack of chips on “Red” or “Black” to make this type of bet. The payout is 1 to 1.
- Even or Odd = This is a bet on either even or odd numbers. Place your stack of chips on “Odd” or “Even” to make this type of bet. The payout is 1 to 1.
- Low or High = This is a bet on either the numbers from 1 to 18 (Low or Manque) or the numbers from 19 to 36 (High or Passe). The payout is 1 to 1.
In land-based casinos, roulette tables are supervised by a croupier who is responsible for the smooth running of the game. He/she operates the wheel, monitors the placement of bets, and pays out the winning players.
At the beginning of the game, the croupier spins the roulette wheel, releases the ball in the opposite direction to the rotation, and announces “Place your bets”. Players can place their bets according to the minimum and maximum table limits. When the ball slows down, the croupier shouts “No more bets”, and players are no longer allowed to place bets on the table.
As soon as the ball comes to a stop in a numbered pocket, the croupier publicly announces the winning number and pays out the winners while collecting the losing bets. When playing Bitcoin roulette online, all rounds are powered by random number generators (RNGs) to ensure fairness in the draws.
What are the online Bitcoin roulette variations?
It is impossible to talk about roulette without mentioning Blaise Pascal, the genius philosopher born in 1623. In 1655, Pascal attempted to design a perpetual motion machine. His failure to do so contributed to the birth of the first roulette wheel. Thanks to its travels around the world, roulette was developed into three main variations (European roulette, American roulette, and French roulette).
Regardless of the variation you play, you need to predict the winning number by placing your bets on the betting layout. But knowing the objective of the game is far from sufficient to join a roulette table. You also need to assimilate all the peculiarities associated with the different variations.
The advent of the digital age enabled the transposition of this centuries-old game to the online format. The emergence of online casinos has resulted in fierce competition among various software developers to produce as many roulette variations as possible (Mini Roulette, Multi-Wheel Roulette, Double Ball Roulette, Immersive Roulette, Lightning Roulette, 3D Roulette, Roulette Royale…).
American roulette & European roulette: What is the difference?
The roulette variant you are about to play is of crucial importance. European roulette has only one zero, whereas American roulette has two zeros (a single zero and a double zero). You would be dead wrong not to pay attention to this detail. In American roulette, the presence of two zeros raises the house edge to 5.26%, compared to only 2.70% in European roulette.
The presence of an additional numbered pocket has the effect of reducing your chances of winning. For instance, your chances of winning an even-money bet are 48.65% in European roulette, while they are only 47.37% in American roulette. Therefore, it is always better to favor the type of roulette that is most likely to serve your financial interests…
What about French roulette?
In French roulette, the rules of “Mise en Prison” and “Partage” can reduce the house edge to only 1.35%, offering players a second chance to recover their bet if the ball lands on zero.
If the “Mise en Prison” rule is applied, you do not lose your even-money bet immediately if the ball lands on zero. Instead, your bet remains on the table for the next spin. If you win it, you get your initial bet back without any additional winnings. If you lose, your bet is forfeited.
If the “Partage” rule is applied, you get half of your even-money bet back if the ball lands on zero, and the other half is forfeited.
Again, remember that these rules only apply to even-money bets (red/black, odd/even, and low/high), and not to other types of bets. French roulette also offers types of bets that do not exist in other variants, such as “Voisins du Zéro” (Neighbors of Zero), “Tiers du Cylindre” (Third of the Wheel), and “Orphelins” (Orphans).
How to win at Bitcoin roulette: Tips and strategies
Many have tried to establish a winning roulette strategy to beat the casino. Even though some players (wrongly) take the spotlight by claiming to have discovered the secret, we regret to inform you that roulette favors absolute chance. Only luck will dictate the fate of the players.
When the real or virtual dealer places the resin ball into the roulette wheel, there is no way to interfere with it unless you have the gift of telekinesis. But experienced players know that common sense is the best strategy. There is nothing more perilous than facing roulette without being prepared for it.
For many players, the excitement of the Bitcoin roulette game often overwhelms common sense. That is why we recommend that you manage your budget with a sharp sense of discipline.
On top of that, set a loss threshold and a profit goal. If you reach either one of them, the time has come to end the game. Even though there is no roulette strategy that can guarantee a win, choosing the right Bitcoin roulette variant will help you minimize the house edge as much as possible.
Roulette betting systems: Can they make a difference?
If you are an unconditional fan of roulette, it is very likely that you have already heard of betting systems (Martingale, Fibonacci, d’Alembert, Labouchère…), which are supposed to improve your chances of winning. Although they may seem extremely profitable at first glance, none of them can guarantee you a win in the long run.
Over the years, many betting systems have emerged, and some of them have been specifically developed for roulette. All betting systems offer you the possibility to place your bets according to a specific logic, which is supposed to minimize your losses as much as possible. All positive and negative progression betting systems give you the opportunity to arrange your bets with a preset sequential logic.
But although they all differ from each other, you will never be able to completely eliminate the house edge. An unlucky stop of the ball in the wrong pocket can ruin all your combined efforts. Therefore, never take reckless risks with betting systems when playing online roulette.
What are the benefits of playing crypto roulette?
Playing Bitcoin roulette comes with a bevy of benefits. One of them is the speed at which you can deposit and withdraw funds. Traditional banking methods like credit cards or bank transfers can take days to process, but with Bitcoin, it is a matter of minutes or even seconds. This means you can get into the action quicker and cash out faster.
Another crucial advantage is the minimal transaction fees. Traditional banking methods often come with a variety of charges, but Bitcoin transactions can be virtually fee-free, especially when compared to other options. This lets you keep more of your winnings.
Bitcoin allows for a greater degree of anonymity compared to traditional financial transactions. While it is not entirely anonymous, it certainly offers a higher level of privacy than using a credit card, which could be crucial for players who prefer keeping their gambling activities confidential.
Bitcoin is a decentralized currency, which means it is not subject to country-specific restrictions. This opens up opportunities for players around the globe, who might not have access to certain payment methods but can freely use Bitcoin or other cryptocurrencies.
Additionally, many crypto casinos offer games that are provably fair, thanks to blockchain technology. This means you can actually verify the fairness of any game you play, adding another layer of security and peace of mind.
Play Bitcoin roulette online at Moonspin now!
Being inherently one of the most popular casino games out there, it is not surprising to find online roulette in all virtual casinos, including Moonspin. To be able to start winning money, you need to open an account with us and deposit funds into your account.
At Moonspin, you have the opportunity to choose from a wide range of cryptocurrency payment options to perform your transactions. Once again, although Bitcoin roulette is a game of pure chance, you would be unwise to ignore certain roulette tips that can reduce the house edge:
- Opt for the most profitable crypto roulette variant;
- Take advantage of our roulette-related casino bonuses;
- Do not believe people who claim to have a foolproof technique for winning at roulette;
- Never forget that Bitcoin roulette should remain a source of entertainment and not a source of income.
