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How to stop losing at bitcoin casino and make money instead

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At our site, we have already described a lot of ways, how to make money on something. Today we will continue to do this but using a little different approach. The goal of an online bitcoin casino visitor is to make money by betting or at least try to make money. And in order to learn how to win, you first need to learn not to lose. It's not as easy as it seems, but if you learn the basic lessons, then everything will become more clear. And the main thing you should pay attention to is the choice of games. There are different games are available in bitcoin casinos:

  • Slots
  • Poker
  • Roulette
  • BlackJack
  • Bones
  • Other

One of the main differences between them is in your game opponent or opponents. If, for example, you play slots, then you play against the casino, and when you play poker, you play against the same players as you. What is the difference?

bitcoin casino

Let's imagine that a miracle suddenly descended on you from above and you began to see the dealer's cards, or predict which slot and when it will give out the jackpot, or by the power of thought to push the ball on the roulette wheel to the sector/color you need, or the ability to see the future in 2 minutes ahead, like Nicolas Cage in the movie “Next” and predict the number on the roulette wheel.

Here you have a wonderful prospect to give up all this: sales, conversion, suppliers, taxes, etc. You will be able to just play bitcoin casinos, sit on the couch, and get a certain amount of digital gold there, on which you can live until the end of your happy days.

Even if, by some miracle, you do indeed have such superpowers, there is one catch in this magical plan. Bitcoin casino automatically analyzes and collects all information about the player: how he plays, how much he bets, when he bets, what deposits he makes and, of course, how much he wins. Therefore, it's impossible to regularly win a certain amount of money from the casino, the managers of the gambling site simply won't allow you to do this.

By the way, in the movie “Next” there is a scene where Nicholson's hero is thrown out of the casino because he constantly wins. With a bitcoin gambling site, everything will be even simpler, they just block you (and you'll be blacklisted). Moreover, casinos “exchange” blacklists, and if you are banned in one, you'll lose access to a dozen bitcoin casinos, or even more…

In some games, the casino even “tells” you in advance how much you will lose. For example, in bitcoin slots, there is such an indicator – RTP (return to player). It's showing how much money will be returned to you after the bet. As a rule, this figure ranges from 65% to 97%. If, for example, the RTP of the bitcoin slot is 70%, then you will receive 7 dollars from every ten which were bet. The percentage of RTP is publicly available for each BTC slot, any manufacturer must indicate this information.

Therefore, you are unlikely to be able to win a billion dollars. You can win more modest amounts, even several times in a row, but this will soon come to an end. Any casino won't allow you to constantly earn in the long run. But if you try to beat other players, that's an absolutely different case. Bitcoin casino will receive its percentage, you'll receive the winnings, and someone else will lose. Therefore, our main advice for today is to play against the players, and not against the bitcoin casino. Only in this case, you'll have a real chance to take the winnings.

Beginners are lucky or how not to lose the first deposit in 5 minutes

Beginners often win at slot machines, roulette, blackjack, and other games. Many people think that the reason lies in the fact that the player has a lot of luck. In fact, they just notice wins more often than they notice losses.

“Beginners are lucky” because a person, who plays the game for the first time, will be incredibly surprised by any victory, just like the audience. But the percentage of return during the game of a new client is the same.

The system is the next: first, the BTC casino lets players up. But after a couple of big wins, they start to lose. it's just an old psychological trick. Therefore, here is the second piece of advice, if you playing in a bitcoin casino just like that, you are inexperienced and by some chance, you get into a plus – immediately withdraw your Bitcoins, otherwise, you'll lose everything in the next couple of bets.

Conclusions

So summing up, firstly, play against the players not against the casino. You can do this in games such as bitcoin poker. Other players cannot ban you for winning too much, and the bitcoin casino will simply take its percentage from the deposit. Secondly, don't make the “rookie mistake”. If you win a good amount of money during some draw, withdraw it immediately. Such a win will only be followed by losses.

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Emma Drew

Emma has spent over 15 years sharing her expertise in making and saving money, inspiring thousands to take control of their finances. After paying off £15,000 in credit card debt, she turned her side hustles into a full-time career in 2015. Her award-winning blog, recognized as the UK's best money-making blog for three years, has made her a trusted voice, with features on BBC TV, BBC radio, and more.

Well done