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The Best Bitcoin Casinos for NZ Players

Bitcoin is no longer a realm of a select few who understand who the digital currency operates. Today, you don’t even need to understand the technology that powers Bitcoin to use it as a payment method.

It did not take players long to understand the various advantages of playing with Bitcoin. Bitcoin has proved to become a great alternative to using fiat currencies such as EUR, USD, and NZD. Today, many players in New Zealand prefer using Bitcoin for the anonymity it offers and transaction speed.

If you don’t know much about using Bitcoin at online casinos, we can answer all your questions and clear all your doubts. We have also handpicked the best Bitcoin online casinos for NZ players.

If you want to play with bitcoins, you only have to choose one of our selected BTC online casinos and register a gaming account.

The Bitcoin Story – What Bitcoin Is and How It Works

As previously mentioned, you don’t need to understand the technology that powers Bitcoin in order to use it. To get started, you have to install a Bitcoin wallet on your mobile device or desktop computer.

When you do this successfully, you also generate your first Bitcoin address. You can create as many addresses as you wish and use them whenever you need them. Your Bitcoin wallet works just like an email address. You have to provide your Bitcoin wallet address to the person or company you want to receive payments from.

Brief History of BTC

Bitcoin is the world’s first decentralized currency. The creator of Bitcoin, who goes under the name of Satoshi Nakamoto, is a figure shrouded in mystery. Many believe that he is not an individual, but a group of people involved in the creation of Bitcoin.

Bitcoin.org went live on Aug 18, 2008. On Oct 31, 2008, Satoshi Nakamoto published a white paper on Bitcoin, titled “A Peer-to-Peer Electronic Cash System.” This paper provides details of the working of Bitcoin, which Nakamoto described as an electronic transaction system that requires no trust.

The Bitcoin network was born on Jan 3, 2009 when Satoshi Nakamoto mined the first Bitcoin block and earned 50 bitcoins for his efforts. The first open-source Bitcoin software was released on SourceForge on Jan 9, 2009.

The world took several years to accept Bitcoin, and today it has become a popular payment method. Microsoft started accepting payments in Bitcoin on Dec 11, 2014. Soon, many more companies, business establishments, land-based casinos, and online casinos started accepting Bitcoin payments.

How Bitcoin Works

To understand the working of Bitcoin, you have got to understand the following:

  • Block Chain:This is a shared public ledger on which all Bitcoin transactions are confirmed.
  • Transaction:A transaction takes place when value is transferred from one Bitcoin wallet to the other, the records of which are stored in the block chain. Each transaction is signed with a private key, which serves as proof that they were initiated by the wallet owner. Transactions are confirmed in 10 – 20 minutes via a procedure known as mining.
  • Mining:Mining is a system through which all transactions are confirmed and included into the block chain. Through mining, transactions are packed in blocks that conform to strict rules. This prevents the modification of previous blocks. No individual or group of individuals can control any part of the block chain or modify a block to their advantage.

Advantages of Betting with Bitcoins

The following are some of the advantages of betting at NZ online casinos with bitcoins:

  • Anonymity– Bitcoin offers a certain degree of anonymity to both players and online casinos. You don’t have to reveal your personal or financial details to use bitcoins at online casinos. Online casinos also won’t demand copies of identification documents for purposes of verification at the time of withdrawal.

However, How to win at slot machines in casino you will have to undergo a verification procedure if you are withdrawing a large amount of money.

  • Excellent Alternative Deposit Method– Gambling is either illegal or a grey area in a number of countries around the world. In such countries, banks tend to decline credit card transactions.

In such a scenario, Bitcoin serves as an excellent alternative payment system. Bitcoin is not under the control of any bank, financial institution, or government. So Bitcoin transactions do not require the approval of a bank or government. You also don’t need any credit/debit card for Bitcoin transactions.

  • Instant– Bitcoin deposits and withdrawals are instant. In case of electronic wallets, the deposits are instant, but the withdrawals may take up to 72 hours. But Bitcoin allows you to instantly withdraw your winnings to your Bitcoin wallet. This means that you may have to wait anywhere between 20 minutes to 3 hours for your transaction to get confirmed.

Whenever you use Bitcoin for withdrawals, you will have to pay a fee. You can select your own fee amount. You can also request a withdrawal for free. If you choose to withdraw for free, you will have to wait for a longer time for confirmation.

  • Easy– Using Bitcoin is really easy although the technology powering it may appear complicated. If you know how to send and Casino maxi 200 receive emails, you will not find it difficult to send and receive Bitcoins.

How to Deposit at NZ Online Casinos with Bitcoin

When you are ready to sign up at one of our recommended online casinos for Best slot bonus bingo sites NZ players and make a Bitcoin deposit, you can follow these steps:

  1. Create a Bitcoin Wallet– There are several types of Bitcoin wallets to choose from, but we suggest creating a web wallet as it is easy, convenient, hassles free, and At the movies btc slots bitcasino.Io free spins requires no download. However, if you are looking for added security, you can set up a desktop wallet.

Once you successfully set up a Bitcoin wallet, you will receive an address, which you can use to make and receive payments.

  1. Getting Bitcoins– In order to make an online casino deposit, your Bitcoin wallet should be loaded with bitcoins. You can either purchase Bitcoins or exchange traditional currency for Bitcoins at exchange services such as Bitstamp. Alternatively, you can withdraw Bitcoins at a Bitcoin ATM, Casinos that take bitcoin get them personally from someone you know, or even mine Bitcoins if you are in a position to do so.
  2. Create an Account at an Online Casino with BTC– We have recommended a number of casinos that accept Bitcoin. You just have to read our reviews, compare various online casinos, and choose one that best suits your needs.
  3. Navigate to the Cashier– Your next step is to visit the casino cashier and choose Bitcoin as your preferred payment method. You will then receive the online casino’s Bitcoin wallet address.
  4. Send Bitcoins– Navigate to your Bitcoin wallet and choose the Send Money option. Type the number of Bitcoins you would like to deposit, paste the casino’s BTC wallet address, and confirm the details.

You will soon see your Bitcoins in your online casino gaming account.

How To Make Withdrawals With Bitcoin

Withdrawing your winnings using Bitcoin is very easy and involves the following steps:

  • Visit the cashier of your NZ online casino and choose Bitcoin as your withdrawal option.
  • Provide your Bitcoin wallet address to the online casino.
  • The online casino will transfer your winnings to your account.
  • You will soon see your Bitcoin winnings in your wallet.

Popular Online Bitcoin Casino Games for NZ Players

You will find a wide range of games at Bitcoin casinos. These include gambling games, casino games, sports-based betting, spread betting, and online lotteries.

Bitcoin casinos are of two types:

  1. Bitcoin only casinos and
  2. traditional casinos that offer Bitcoin as one of their payment options.

The options at Bitcoin-only online casinos are fewer. Since Bitcoin is highly volatile and unregulated, a number of noted software providers steer clear of it. So you won’t find too many games at Bitcoin-only online casinos.

On the other hand, traditional online casinos that offer Bitcoin as one of their payment methods offer a wider range of games. They partner with multiple software providers such as Betsoft, NetEnt, PlayNGo, Thunderkick, NextGen Gaming, and others to give you large game libraries. You can choose from slots, table & card games, video poker games, progressives, and other online casino games.

FAQs

Q1: Most popular online casino australia Do Bitcoin online casinos in NZ offer bonuses?

A: Yes, they do. In fact, we make it a point to recommend only Bitcoin online casinos that offer generous, but easy-to-clear bonus offers.

Q2: Do Bitcoin casinos report my winnings to tax authorities?

A: Harrahs online casino android No, they do not. Bitcoin online casinos are more concerned with providing a safe and anonymous gambling environment. The responsibility of reporting your winnings to tax authorities, if required, is totally yours.

Q3: Can I play Bitcoin online casino games for free?

A: Yes, you can. Bitcoin online casinos function just like traditional online casinos. Most of the games are available in the fun, free, demo, or practice modes. You can play for free as much as you please.

Q4: What is the minimum/maximum amount I can deposit and withdraw?

A: Deposit and withdrawal limits vary from one Bitcoin online casino to the other. Some online casinos allow you to set your own deposit limits. At some online casinos, you can withdraw a higher amount if you achieve the higher levels of the VIP Club.

Q5: How good is the customer support at Bitcoin online casinos?

A: Customer support at all the BTC casinos we recommend is excellent. You can use live chat or send an email or call the online casino. The response is always quick, courteous, and helpful.

Differences between Traditional Casinos and Bitcoin Casinos – Which is Better?

Bitcoin casinos resemble traditional casinos in many ways, but there are a few differences you must make a note of in order to avoid disappointment in future.

The biggest advantage of playing at Bitcoin casinos is Bitcoin. You can use Bitcoin to make deposits and withdrawals. You can place bets on Bitcoin online casino games.

If you reside country where online gambling is either illegal or a grey area, Bitcoin online casinos are the best options for you. You can make deposits and withdrawals quickly, easily, instantly, and anonymous, and it won’t even cost you much.

But there are a few downsides as well. Bitcoin-only online casinos usually operate without a license because regulatory bodies require them to follow strict KYC procedures. If Bitcoin-only online casinos demand personal details from their players and request them to submit identification documents at the time of sign up, they will not be able to deliver the authentic anonymous gambling experience. So Bitcoin-only casinos either operate without a license or get hold of a license from a regulatory body that is not too particular about KYC procedures.

If you sign up at a traditional online casino that supports Bitcoin, you will still have to submit your documents to the online casino especially if you win a large jackpot that you want to withdraw right away.

As Bitcoin online gambling experts, we suggest traditional online casinos that offer Bitcoin as one of their payment methods. Although they do not offer 100% anonymity, you can rest assured of a safe, secure, licensed, and well-regulated online gambling environment. Since these casinos can partner with more software providers, you can choose from a wider range of online casino games.

Conclusion – Start Playing with Bitcoins Now

Now that you know so much about playing online casino games with Bitcoins, you can get started right away. We have listed the best of the best NZ online casinos that offer Bitcoin as a payment method. Some of our selected online casinos also support other digital currencies such as Bitcoin Cash, Litecoin, Dogecoin, and Ethereum.

You just have to check out our reviews and choose an online casino that best suits your requirements. Create an account, make a Bitcoin deposit, grab your bonus, and start playing your favorite online casino games.

Best Roulette Strategy for Optimal Results

There are three main types of Roulette game available, and each one has its differences from the others.

So it makes sense to say that people will adopt different strategies for each type of game. But what is the best Roulette strategy for each game, and what is the best way to tweak and optimize your strategy?

First of all, to develop any kind of Roulette strategy you need to able able to have time at the table and not have too many distractions so you can think your strategy through.

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The best way to do this is to play Roulette online so you can have the table to yourself and enjoy the freedom that playing online allows.

​Here is the perfect strategy for using on an online Roulette table, and one that does not take a lot of learning. It has proven to be very effective, and does not require much initial outlay to get it to work and can really improve your chances of winning at Roulette.

To try the best Roulette strategy out – click here

Step 1

Buy one stack of chips. In this example we will assume that the chips are of $1 denomination, so you will buy in for $20. Once you have your chips you need to break them down into 5 stacks of 4 chips each. You then need to play five of the 6-line bets, so each stack of 4 chips you have on 5 of the 6-line bets.

It is important that you cover as many numbers as possible, so make sure that you spread them out so each bet is covering two rows on their own, and not doubling up with another bet. As you will be covering 5 out of the 6 winning possible 6-lines, you stand a high chance of winning. If you win, you will win 20 chips (4 x 5 = 20), so including your winning bet you will now have a total of 24 chips.

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Step 2

Step 2 is very easy. You need to break down your 24 chips in half, so you have two stacks of 12 chips. You then put one of the stacks of 12 on one of the dozens, and the other stack on another of the dozens. So you now have two out of the three dozen’s covered. If the ball lands in one of your dozens you will win 2-1 on your bet, so that will pay you 24 chips, plus the 12 from the winning bet will mean you now have a total of 36 chips.

Tip: To optimize your chances more, play European Roulette in your online casino account. This is because you have a better chance of success with even money outside bets when playing European rather than American roulette. You can play European Roulette here

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Step 3

Now you have a total of 36 chips, and you want to break these down into 6 stacks of 6 chips (when playing online Roulette, you won’t actually be able to break the chips down into stacks, but you should just place 6 bets of 6 chips). Next you need to cover 6 corner bets with your 6 chip stacks. Make sure you spread them out as much as possible and do not double up on any numbers so you have as much of the table covered as possible.

If you hit a winner you will win 48 chips (6 x 8 = 48), then with your winning bet you will now have a total of 54 chips.

Step 4

Now with your 54 chips you will need to break them down into 9 stacks of 6 chips, and then place them on any 9 of the 12 possible street bets. Again you are giving yourself a good chance of winning by covering the majority of the possibilities, with your bets. If you hit a winner your bet will pay out 66 chips (6 x 11 = 66), plus with the 6 chips you have from your winning bet you will now have a total of 72 chips.

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Step 5

Now with your 72 chips, you need to break them down into 14 stacks of 5 chips. The next bets you are going to cover are the splits, so place your bets on 14 different split bets and make sure that you do not double up on any numbers so you can cover as much of the table as possible. You will have 2 chips left over when you do this, so place these 2 chips straight up on any of the empty numbers as a kind of insurance.

Now if you hit a winning split bet, you will win a total of 85 chips (5 x 17 = 85), plus the 5 chips you have from the winning bet will give you a total of 90 chips.

Step 6

You now have 90 chips from your initial $20 buy-in, so you are doing well. But there is one final step that can improve your winnings even more. Now we are going to bet straight up bets, the highest paying bet on the Roulette wheel. So for this you need to break your 90 chips down into 22 stacks of 4 chips (total 88 chips) and you will have 2 left over for insurance.

So now you are going to place your 22 stacks of 4 chips on any of the straight up numbers. Do not double up, make sure you just use 4 chips maximum on any number so you cover as much of the table as possible. Then with the remaining 2 chips, place them on any of the empty numbers (1 chip on each), so if you do hit one of these you can start the process again.

Now if you hit a winning number you will win a total of 140 chips (4 x 35 = 140), plus with the 4 chips you have from the winning bet you now have a total of 144 chips, so $144 in this case. This is a good return on your $20 investment! If you are looking for the best Roulette strategy to try now on your online Roulette game, give this one a go….it works very well!

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