First there were casinos. Then there were online casinos. Now there are Bitcoin casinos. mBit Casino is at the forefront of the gambling revolution with its range of slot machines and games that are available to play using the newfangled digital currency, Bitcoin.
While many players might be dubious about the validity and legitimacy of this type of casino, this brand is completely licensed and authorised just like any other respectable gambling service on the internet. What's more, newcomers to the ways of Bitcoin will be guided through the process with lots of helpful information as provided on the website.
That said, this casino's one unique feature might be its biggest drawback for some players, as it does not accept any traditional currencies. Nonetheless, players who are familiar with the cryptocurrency or who are willing to give it a go will find that this service is one of their safest bets. There is also plenty of VIP action and rewards to make it all worthwhile.
Perhaps one of the biggest issues with Bitcoin casinos is with reputation. The fact of the matter is that as a fairly novel concept, there aren't a great deal of gambling sites that take Bitcoin out there and some of those that do exist have been held under scrutiny for not holding fully trustworthy licenses. What's more, the fact it is a decentralised currency which is not regulated by a fixed governing body might lead people to assume that the sites which use it are similarly unregulated.
Well that is completely untrue, because mBit Casino is fully licensed by the governing body of Curacao who licenses numerous reputable shops including Drake Casino. This means that players are fully protected by the gambling laws and regulations as stipulated by this jurisdiction. So, if you have any complaints or disputes, you always have some legal protection to fall back on to.
In regards to complaints and disputes, it would appear there have been few since the casino was launched in 2014. In fact, the majority of players who have used the service have praised the way in which the website made the Bitcoin process easy and enjoyable. What's more, the fast withdrawal times that the digital currency enables has gone down a treat with the punters.
The slot machines are the main attraction to mBit and players can keep up to date with all of the latest additions by reading the site's blog. The software providers working behind the scenes are Ezugi, Endorphina, Betsoft, Blooming Games, NetEnt and GameArt, which is quite an impressive line-up of innovative developers.
Visitors to mBit Casino will come across hundreds of different slot machine themes, all of which provide different gameplay styles. There are lots of popular slot titles such as Greedy Goblins, Mr. Vegas and At the Copa – all of which include a progressive jackpot prize to be won.
Players will also be able to enjoy a good assortment of less popular slot machine titles with some quite unique and interesting themes. For example, there is the cyberspace thriller that is Satoshi's Secret from Endorphina. Alternatively, players can be wowed and dazzled by the 3D magic of True Illusions. The truth is, no matter what kind of game you want to play, it will probably be stocked.
There is a limited range of 3-reel classics too, such as Lucky Diamonds and Wild Melon. The only criticism would be that the website makes it very difficult for visitors to find exactly what they want with all of the slots lumped together on one page. This makes browsing the catalogue quite arduous, especially with the huge quantity of games listed.
There is a decent assortment of other casino games for players to try out too, including many varieties of blackjack and roulette. If players want to try something a little different then they will be able to play game titles such as Let It Ride, Three Card Rummy. Red Dog, Top Card Trumps and Keno.
There is also a Live Dealer Lobby if players are in the mood for some real life casino action.
Customers who aren't up to scratch with Bitcoins will be able to find out everything they need to know at the casino's website, but here's a quick guide. Bitcoin is a currency which doesn't have any physical form, nor is it regulated by any one governing entity. Rather, this currency exists in digital form as a “cryptocurrency” and can be stored online and offline in Bitcoin wallets. What's more, this currency is controlled and powered by the people who use it – there are no banks involved and no middlemen who want to take a cut for themselves.
To get started, players will need to get a Bitcoin wallet to store the currency in. Then they can simply exchange their local “real” currency for the digital currency, either at an online exchange or in person.
Once the customer has everything set up they will be able to make a deposit to the casino website via a unique address in the form of a long code as is provided on the deposit portal. Enter this address into your Bitcoin wallet and enter the amount of Bitcoins that you wish to send. The minimum deposit is 2mBTC.
The maximum withdrawal limit is 100 BTC per month, which is equal to about $40,000.
When players register an account with mBit Casino, they will be given to option to receive a welcome bonus which matches their first deposit by 110% up to a total of 1 BTC (just under $400). If that wasn't enough, they will be able to receive a second bonus which rewards them with 50% of their deposit up to 1 BTC.
Not bad, eh? Well there's more. Because there are lots of reload bonuses too, each of which will give 25% back up to 1 BTC.
Players will have to ask a Live Chat representative to release the bonus after the required deposit has been made. All bonus amounts need to be wagered 35 times within 30 days before any consequent winnings can be released.
There is also a VIP system which is awarded to loyal and frequent patrons of the casino. This scheme allows elite players to collect points which can be exchanged for prizes.
First there were Bitcoin casinos. Now there are mobile optimised Bitcoin casinos. Members of this site will be able to play many of the same Bitcoin slot games by simply accessing the website via their Android, Windows or iOS device. Unfortunately there is no live dealer service available on mobile platforms.
mBit Casino is well and truly up there with the best of the Bitcoin gambling sites available in today's market. With an outstanding range of innovative games as well as a handsome spread of deposit bonuses and VIP rewards, it gives any traditional gambling service a good run for its money.
Speaking of money, the fact it uses Bitcoins means that customers will be able to deposit and withdraw with haste and anonymity. The only downside is that it doesn't support any traditional fiat currencies. So, you'll just have to catch up with the 21st century if you want to play here.
Up to 1 BTC