How to Play Online Slots With Bitcoin?

Puggys, Fruit machines and Pokies – these are few of the nicknames given to one of the most famous casino games in the world – slot machines.

Since their transformation into an online experience, slots have been delivering the same excitement they have always provided in brick and mortar casinos to online players around the world.

Being able to play from the comfort of your home or even on your mobile device is a great selling point for any game. Today, there are countless options to choose from, including online Bitcoin and other cryptocurrency slots. This relatively new type of online casino takes advantage of a fast, secure and decentralized payment system called the blockchain.

How to Play Online Slots With Bitcoin?

Bitcoin and other crypto payment methods for online gaming look like they are here to stay.

The security provided by the blockchain and the fact that transactions are efficient and swift gives crypto-based gambling a decisive advantage over brick and mortar casinos and websites that only accept ‘fiat’ (normal) currency.

To play online Bitcoin or other crypto-based slots, you must first have a Bitcoin wallet or an e-wallet for the currency you wish to use. Creating an e-wallet and buying cryptocurrency is extremely simple. Just be sure to always purchase your currencies from well-regulated crypto exchanges.

When you sign up to play online Bitcoin or crypto slots you will need to provide some personal information. Each online casino will require a different level of information based on its policies and local regulations. It’s a good idea to check the regulation status of the casinos you intend to play with.

After signing up you will need to make a deposit to the selected casino’s BTC address (or whatever wallet and address are used for your chosen currency). You do this by entering your personal e-wallet, selecting the amount you wish to send and adding the address of the receiver. The last step is to wait for the required number of blockchain confirmations for a successful deposit and then begin your adventure into the world of online crypto slots!

How Do Online Slots Work?

In general, online gambling is very different from live-action when it comes to games like blackjack, roulette or poker. Slots are much more straightforward than the games listed above and translate perfectly to online formats.

Like most betting games, you will need some luck to win big. The main goal in classic slots is to win a jackpot by landing specific sequences of matching symbols on one or more of the so-called ‘paylines’ you have chosen to bet on.

With classic slot machines, players pulled a lever which set mechanical reels into motion. Online slot games and most modern machines do not use a lever but still have spinning reels. Each reel (there are normally 3 or more) contains symbols or pictures. After a few seconds, each vertical column settles onto a particular symbol. When the symbols line up horizontally or in some cases diagonally, they form a payline and the player wins a jackpot or prize. 

Today, even brick and mortar casinos offer primarily video slots that do not allow any physical influence on the machine. These devices use RNGs (Random Number Generators) – computer software that ensures every outcome is random and the odds are the same for every spin.

While traditional slot machines generally on utilize horizontal paylines, online slots sometimes offer horizontal, straight, diagonal and zig-zagging paylines. This offers players more routes to winning but lowers the potential payout. You’ll be asked to choose how many and which paylines you wish to cover when you bet in an online slot game.

How to Play Online Slots

Online slots are probably the simplest form of gambling available today. Below is everything you need to know to get started:

● Check the paytable.- Spot ‘scatter icons’, ‘wild symbols’ and learn about the payouts, payline options and bonuses of a particular game.

● Choose your line bets and wager – The amount that you bet is up to you. Specialists recommend that it’s safer to play the maximum number of lines available, though this means you’ll be decreasing your bet per line.

● Decide whether to use the auto-play function – If you don’t select this option, then you will have to click the ‘Spin’ button to start the reels.

● Check your spin – Once the reels settle you may end up on a winning payline or bonus. If you activate a bonus feature instructions will appear on what to do next. 

Online Slot Machine Bonuses

Some combinations might award you a bonus or extra spin, every game is different!

Free spin – certain combinations may gain you a free spin, imagine winning a jackpot on that one!
Wild symbols – A wild symbol is to slots what a joker is to cards. They stand in for any symbol, helping to create winning paylines.
Multipliers – As the name suggests, this bonus multiplies your potential winnings based on your original bet.  They appear randomly and may also come up when there are wild symbol wins or during free spins.
Scatter symbols -These can appear anytime during regular spins and can mean added winnings, free spins, jackpots or other bonuses.

Online Slots Tips And Strategies

Online slots differ from most table games found in casinos and online in the sense that outcomes are totally random. Tips and strategies for slots generally address how a player should limit their losses.

The first and most important tip is to always stick to a predetermined budget. With disciplined money management, you can anticipate and plan for losses in a worst-case scenario. Breaking these limits is never a good idea and can lead to trouble for you and your family. Responsible gaming should be the only form of gaming.

Here are some other solid principles you can follow to ensure you get the most enjoyment from online slots:

● Pick a slot game with minimum bets that suit your predetermined budget -Slots games have different minimum and maximum betting allowances. You should try not to spend your entire budget on just one or two spins so that you have more time to enjoy the thrill of the game.

● Get to know the paytable – This way you’ll know which symbols might activate bonuses, free spins and other fun features.

● Take advantage of sign up bonuses – Many online casinos offer sign up bonuses and incentives to new users. 

● Do your research – Finding out which online slots games have the best odds can give you a better chance of winning. 

● Explore Themes – There are countless options when it comes to slots themes. You might enjoy mixing it up between Star Wars, Indiana Jones and the Little Mermaid, or perhaps you’ll just prefer ‘Classic Fruit’.  

● Enjoy ‘fun money’ mode – Perfect for those not yet ready to take off the training wheels or those who just love watching the reels spin and enjoy the thrill of flashing lights when they win a fake jackpot.

Types Of Online Slots

Players can choose between everything from classic style slots with few reels to more sophisticated games with hundreds of paylines.

There are also vast differences in minimum and maximum bets, layouts of online casinos and of course thousands if not millions of different themes to choose from.

There are also many mobile apps that offer slots and other traditional or new casino-style games.
Since the integration of e-wallets, Bitcoin and other cryptocurrencies, there are even more options when it comes to online slots and gaming in general.

Online Slots Jackpots

l Random slots – These offer a fixed jackpot that remains the same no matter how many times you win. Payouts with these slots are random and can happen at any time. All you have to do is hit a button and see what happens.

l Progressive slots – These offer jackpots that increase over time. These increases mainly depend on the number of bets placed by players since the last jackpot payout. Progressive slots offer the chance for much higher winnings but require more attention from players.

Online Slots Payouts

Most slot machines are programmed to pay out winnings that are between 0% to 99% of the money wagered by players. This principle is known as ‘theoretical payout percentage’ or RTP ‘return to player’. Minimum RTP percentages differ and often depend on laws or generally accepted practices in each country or jurisdiction.
The average amount paid and the regularity of payouts for a given slot machine or game is called a ‘winning pattern’. Most slots are programmed to ensure a set percentage of money wagered is paid to the ‘house’ while the rest is randomly distributed to players.

To better grasp this concept, imagine that a single spin on a given slot machine costs players $1 and has a return to player of 95%. After a sufficiently long period, let’s say 1 000 000 spins, the machine will return an average of $950 000 to players (95% of $1 000 000).

Always remember to check what the average payout is when playing online slots. This information is normally available on a casino’s website. It generally takes 1-3 days for your winnings to become available for withdrawal.
Many websites and online casinos try to attract customers with faster payouts that can take less than 24 hours. These payouts are normally facilitated by e-wallets.

This is where Bitcoin and other cryptocurrencies really come into their own. Online casinos that accept cryptocurrency can process withdrawals extremely fast as transfers through the blockchain can be verified almost immediately. 

Always check the terms and conditions of a website when playing online slots.