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Bitcoin in the casino: five questions that count before the first deposit

In a casino cashier bitcoin is not a means of payment like a card but a transfer to an address. Everything unfamiliar about it follows from that one difference.

~10 minto the first confirmation
fixnetwork fee, independent of the amount
7cashiers read that carry bitcoin
6confirmations before a credit counts as final
01

The one difference everything follows from

A transfer, not a form

Pay by card and you fill in a form and the bank takes care of the rest — including the option of reversing a payment. Pay in bitcoin and you send a transfer to an address, and after that there is no longer anybody who could step in. That is the reason for the address check, for the confirmations and for the minimum — three things nobody meets with a card.

The five questions each have a page of their own: the deposit, the withdrawal, the fees, the networks and Lightning for small amounts. If only one of them gets read, let it be the fees page — that is where the calculation sits that explains all the others.

ONE PAYMENT ON THE BITCOIN MAIN NETWORK 0 sent The payment sits in the network's waiting room. ~10 min 1st confirmation Most cashiers already credit the a ccount here. ~30 min 3rd confirmation The usual threshold on larger amou nts. ~60 min 6th confirmation The amount counts as finally settl ed.
The times are rules of thumb: a block appears every ten minutes on average, but the gap swings. How many confirmations a cashier demands stands in that operator's own terms and not in the network — which makes it a question for the operator and not a property of bitcoin.

That is also why the pages here are split as they are: the way in and the way out have completely different hurdles on identical technology. In goes over an address, out over a check.

02

The five pages

Each answers one question
03

Which of the cashiers read carry bitcoin

7 of 7

Bitcoin itself stands in all 7 cashiers that were read. That sounds self-evident and is not: there are cashiers that call themselves crypto cashiers and handle bitcoin only through a conversion in the background, so that the account ends up showing a different coin. In this site's arithmetic «bitcoin itself in the cashier» therefore weighs two points.

2
Rakebit

Fifteen coins — the longest cashier in this table, with three value-stable counterparts side by side.

BTCETHSOLLTCUSDTUSDCXRPTONADADOGEBNBDAILINKXMRZEC
10of 12
3
DuckDice

Ten coins, among them Monero and Dash — two that most cashiers are missing.

BTCBCHDASHETHLTCSOLTRXUSDTXMRXRP
9of 12
5
Rainbet

Nine coins, two of them value-stable — Tether and USD Coin side by side.

BTCETHLTCXRPSOLTRXBNBUSDTUSDC
9of 12

The play button leads to the same address in every row: the casino this site is paid for, and not the operator printed beside it. To reach the operator's own entry, take «Read the entry» next to it.

The first five ranks. The full table with every score stands in the cashier overview.

04

What is deliberately missing here

Two omissions

First, there is no figure here for how long a withdrawal takes. Such a figure only comes into being when somebody triggers a withdrawal and times it; that has not happened here, so nothing is said about it.

Second, there is nothing here about where the price is going. Anyone holding a coin holds a swinging asset, and this site offers no view on that — neither an optimistic one nor a warning one. What it does instead is work out what the route costs: on the fees page for the way in and on the way-back page for the other direction.

Rank 1 in the cashier table: Vave6 settlement coins, verification clause 8.7, 10 of 12 points.
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Questions people actually type

Answered from the same records as the page
What is a bitcoin casino?

A gaming site whose cashier carries bitcoin as a settlement coin: deposits go in as a transfer to an address, withdrawals come back to an address of your own.

Do you need your own wallet for it?

Yes. Without an address of your own there is no way back — the cashier pays out to an address, not to an account.

Is a bitcoin deposit anonymous?

No. The transfer itself carries no name, but the cashier demands documents at the withdrawal — every entry on this site gives the reference for the clause.

Why is there a minimum amount?

Because the network fee hangs on the space a transfer takes up and not on its size. Very small amounts are therefore dear in proportion.

Open the cashier — first place in the table