October 30th, 2021 | Updated on March 17th, 2022
Although Bitcoin casinos might not be as common as their regular counterparts, they are definitely becoming more popular.
Some online bettors realize the potential of using cryptocurrencies like Bitcoin for online betting, which is why there are places that only offer digital currencies.
Even though some of these iGaming operators are amazing to use, others have a lot of work to do if they want to compete with the regular betting websites.
That’s why it’s important to check a few reasons why you should be careful when choosing these types of betting sites.
1. You May Not Have The Option To Play Your Favorite Casino Games
One of the things that differentiate Bitcoìn casinos from regular gambling sites is the games they provide. Since these companies want to be unique, they allow people to play particular types of BTC titles.
Having access to exclusive titles is not a bad thing, especially if you have previous iGaming experience.
In fact, many bitcoin casinos can be found here, so if you check Silentbet’s site, you will come across numerous operators that have special games.
Although there are exceptions, some of these online casinos do not offer some of the popular “regular” casino titles you might be used to. So, don’t be surprised if you don’t find the slot or table game you want.
2. The Number Of Casino Software Providers Is Usually Limited
Another reason why you should be careful when looking for a Bitcoin casino is the software suppliers.
As you probably know, the top-rated iGaming operators work in conjunction with multiple iGaming operators.
However, not every company creates Bitcoin slots, so most crypto casinos offer a limited number of software suppliers.
3. Sometimes, Bitcoin Casinos Have Extra Registration Steps That You Have To Complete
Regardless of the online casino you are interested in, you need to create an account in order to use it.
Typically, the most popular gambling sites will require you to fill in some personal and account information before allowing you to register.
Yet, some Bitcoin casinos may have additional requirements that you must adhere to. So, don’t be surprised if you need to enter things, such as your address, country of residence, and phone number.
4. The Minimum Deposit Varies, Depending On Bitcoin’s Value
Online casinos are notorious for having different conditions when it comes down to their payment options.
The Bitcoin casinos found at Silentbet offer user-friendly minimum requirements, making them suitable for all kinds of bettors.
However, most of the brands change this condition so that it corresponds to Bitcoin’s value. As you know, this digital currency is highly volatile.
5. Not Every Bitcoin Casino Offers A Demo Mode
Despite the fact that online casinos are not famous for their betting features, there is one option that stands out, and it is known as a practice mode. The latter is one of the reasons why online casinos have a loyal following.
After all, it allows them to play some of the games for free. Although you can try out this feature while using some BTC betting sites, not all of them will give you access to it.
6. Sometimes, The Bitcoin Casinos Don’t Offer A VIP Club Or Different Tournaments
Online casinos are famous for providing their customers with different kinds of promotions, such as free spins and bonus cash. Besides these offers, some brands also include the most popular VIP clubs and different tournaments.
Since most punters like using these proposals, we have to point out that some BTC casinos don’t offer them.
However, they will give you the chance to try out other types of rewards that might not be available elsewhere.
7. If You Are Interested In Affiliate Marketing, You Need To Find A Special BTC Casino
Having an affiliate section is one of the popular ways for online casinos to promote their services.
Although most regular websites have aff programs, this is not the case for BTC betting websites. Therefore, you have to check the specific brand if you are interested in starting an affiliate business.
8. Some Bitcoin Casinos Don’t Have To Adhere To Any Regulations
Whether you are interested in cryptocurrency casinos or regular betting sites, it is never a good idea to use an iGaming site that is not regulated.
That’s one of the reasons why some people prefer to visit Silentbet and choose one Bitcoin casino because all of them are regulated. If you decide to use a BTC betting site that does not have a license, you may get scammed later on.
9. There Are Bitcoin Online Casinos That Require A Promo Code For Pretty Much Everything
If you are one of the online bettors who do not like bonus codes, you should be really careful when choosing a Bitcoin betting website.
Even though there are some exceptions, most brands will require you to use a promo code for everything. Besides getting a bonus, you may need a code while registering or making a deposit.
10. Even Though You Can Make Safe And Relatively Anonymous Payments, Most Btc Casinos Will Require You To Complete The KYC Process
The last thing we want to point out is that most Bitcoin casinos will require their customers to complete the KYC process.
This means that they will have to send a copy of their ID cards or passport, as well as a utility bill. If they fail to complete this condition, they won’t be able to make a withdrawal or use some of the site’s services.