Using RTP When Gamblnig With Crypto

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

Return to player (RTP) is the percentage of money that a casino game or slot pays back to its customers. RTP is essentially the opposite of “house edge” which is the advantage that the casino has in any of its games. Generally speaking, RTP is calculated over an extended period of time and this information is often available on the slot by the operator.

Using the tools at your disposal wisely may assist you in maximising your overall earnings. Along with any existing strategies you may currently have when you’re both trading and gambling on the best bitcoin casinos, take a look at the return to player (RTP) of a particular slot or game. This will allow you to further gauge your potential wins and help you manage your bankroll more effectively.

This article aims to help you understand RTP, how to use it to your advantage and what is the average RTP for the more popular casino games. Furthermore, it will also look at the play between cryptocurrencies and RTP by exploring a variety of coins aside from Bitcoin to help you further maximise your return on investment. This article will also explore some crucial tips on how to pick your casino, followed by responsible gaming practises that everyone should have in their arsenal before getting into any form of gambling, including playing at crypto casinos.

10 Crypto Casinos With the Biggest Wins

1. Wildcoins– 3.5BTC + 400 FS

• Huge welcome bonus
• Great range of games
• Live casino

Boasting one of the biggest crypto bonuses in the online casino world, players can get as much as 3.5BTC Deposit match bonus, and benefit from weekly bonuses as well as 10% cashback rewards. With top live casino as well as hundreds of slots to pick from, Wildcoins lets you play with a great casino experience. What’s more, is if you give their jackpot slots a spin, you can be in with a chance of winning their massive bitcoin jackpot!

2. Bitcoin.com – 20% Cashback

• Bitcoin-first casino
• Plenty of games
• Cashback offered

Perhaps obvious by the name of the casino, this crypto casino primarily offers payments in Bitcoin and Bitcoin Cash. However, they also accept most major payment providers. Their games are top-notch, and the casino is run by experts in the crypto sphere.

3. Moi Casino – ​​200% up to €200 Bonus

• Wide range of cryptocurrency accepted
• Top game developers
• Great bonuses

Moi Casino is operated by professionals in the industry with numerous years of experience. They accept most major cryptocurrencies, including Bitcoin, Etherum, and Litecoin. They have a huge variety of games, including many from some of the biggest game developers in the online casino world. If slots aren’t your thing, you can pick from Live Casino and Table Games too – making a super classic casino experience..

4. BC.Game – Win up to 1 BTC Bonus

• Crypto-focused casino
• Great range of games
• Brilliant bonuses

BC.Game accepts almost any type of cryptocurrency or token you can think of, from classics like Bitcoin and ETH to smaller tokens like Doge, payments from platforms like Tether. They host thousands of games at the casino along with exclusive BC originals content, making it possible to play at typical online casino games as well as unique experiences designed for a crypto casino player.

5. Fortune Jack – Up to 6 BTC + 250 FS Bonus

• One of the largest crypto casinos
• Huge crypto welcome bonus
• Wide range of crypto accepted

Fortune Jack boasts a massive bonus up to 6BTC deposit match, plus a generous 1200USD equivalent for players who use fiat currency. With tons of variety in their online slot game selection, as well as sports and table games for players who like a bit of everything. They are happy to accept a wide range of currencies, whether you want to play using Litecoin, Dogecoin, or one of the more mainstream coins like Bitcoin or ETH.

6. MaxCazino – Up to €1500 Bonus

• Big welcome bonus
• Accepts multiple cryptocurrencies
• Great range of games

MaxCazino has a generous welcome bonus, and a wide array of games from which you can choose from. They also host weekly bonuses for regular and casual players, meaning you can get more for your money even after you’ve signed up. They also accept major cryptocurrencies such as Bitcoin and ETH, and are expanding their crypto payment methods regularly.

7. 7Bit Casino – 100% up to €100 + 100 FS bonus

• Great game selection
• Frequent promotions
• Accepts cryptocurrency

Despite its retro aesthetic, 7Bit casino is totally up to date with the latest in crypto casino advancements. They accept a wide array of payment methods, including Bitcoin and Ether on top of offering a huge range of games for players to get playing. Whether you’re a fan of slots or table games, 7Bit has everything.

8. Bitstarz – 100% up to €100 + 180 FS Bonus

• Top crypto casino platform
• Mobile-ready crypto casino
• Great slot and table games

Bitstarz doesn’t only accept crypto as a payment method, but you can also purchase cryptocurrency directly from the casino, making your gameplay experience super smooth. It is an easy to use site that is also available on mobile, whether you want to play slots or table games.

9. Kahuna – Up to €4000 + 200 FS Bonus

• Great welcome bonus
• Weekly promotions
• Top game developers

This island themed casino offers generous bonuses, crypto compatibility and also mobile gaming. They also have regular weekly bonuses with free spins, extra cash when you make deposits, all helping you have a super tropical experience at an online casino. With hundreds of games to pick from, from top developers, any player can play to their heart’s content using crypto or fiat currency.

10. Lilibet – 100% up to €300 Bonus

• Crypto payments
• Sports Casino
• Great game options

Lilibet is a royal themed casino with multiple gaming options available. Lilibet states that they are a casino of a new generation, offering crypto payments alongside standard currency options through a huge range of payment options for their players. For players using crypto, their options are fantastic, giving players the option to make live sports bets as well as play classic casino games.

What is RTP?

The premise of RTP is fairly straightforward: the higher the RTP is, the more likely you are to win or recoup the bets you have made. The RTP is determined by measuring the likelihood of winning over thousands of games by the operators themselves. However, this does not mean that there are no risks when playing a game, even if a game is more likely to have good returns, this does not mean you’re going to win everytime. RTP works differently according to the type of game and provider.

RTP vs. Variance

Before getting into the various RTP percentages of games, let’s have a look at variance. Variance is often mistaken for RTP as they are quite closely related. However, the two concepts remain different. As variance would define the manner in which the game’s RTP is realised.

RTP is the average amount of money that the game will pay out over time, variance on the other hand is the risk associated with the game and the possible outcomes of one’s hand or game. Variance is often associated with luck, however, it is the probability of winning.

Slots with lower variance are programmed in such a way that you will have frequent but smaller wins. However, slots with higher variance are more likely to yield higher payouts but infrequent medium or small payouts. Therefore, lower variance slots yield smaller, but more frequent wins.

RTP of Slots

The RTP of slots varies according to the type of slot. This number differs depending on the game developer and the variance of the slots. However, they generally would range between 94% – 98%.

Naturally, this always depends on the number of features the slot has, the variables of the slot game and playlines. However, this information is often available on the website of the game developer, or even in the information panel of the game itself.

RTP of Roulette

Roulette is an absolute classic in any casino. Though, the RTP of Roulette depends on the variation of the game. European Roulette has an RTP of 97.3%. American roulette has a lower RTP at 94.74%. By increasing its variables, it decreases its RTP.

RTP of Blackjack

Blackjack is considered to be the game with one of the highest RTP percentages, as its house edge is quite low. Naturally, as with any casino game, it does depend on the rules and strategies implemented. Though, as a rule of thumb, blackjack has an RTP of approximately 99.54%.

RTP For Video Poker Games

Poker is an absolute casino classic and there are quite a variety of games you can choose from. So to get a more accurate idea of what the RTP is of a video poker game, it’s best to check the operator’s or reliable online sources. Some video poker games have reported RTP rates as high as 99.92%.

Picking a Good Crypto Casino

There has been a proliferance in crypto casinos in the last couple of years. The number of choices out there can make it a little more difficult to pick a casino. However, the following will assist you in choosing your casino of choice.

Secure Payments

As with any other payment method, crypto is also susceptible to theft or hacking if the wallet or site does not have adequate security. Pick a crypto casino with stellar security and encryption in order to keep both your coins and date secure.

Gambling With Different Cryptocoins

While the first generation of crypto casinos only really accepted bitcoin, nowadays most casinos accept a variety of the major cryptocurrencies.

Though, it is always best to pick a casino that accepts a wide range of coins. This is so that you can opt to play with any coin you are most comfortable with. Though, bear in mind that the crypto market is a volatile one, and coins can depreciate in value.

Licensing, Regulatory and Legal Requirements

Always pick a casino that observes licensing requirements. Make sure you take the time to make sure that the platform you want to gamble on has the correct legal licence required to operate a crypto casino.

This step is crucial, as it is always vital to engage with companies that follow the required regulatory requirements. Often, those organisations that do not follow its legal and transparency obligations to cut down costs may be fraudulent.

Balancing RTP with Crypto value

One thing to remember when it comes to gambling in general is that it is not certain and involves a degree of risk. RTP is an overall percentage of the amount of money the game gives out over a period of time. While your chances of winnings are increased, this method is not infallible, and there is a chance of loss despite a game reporting higher RTP values. Gambling on the basis of RTP may be a way to increase your bankroll and can be used in your favour to increase your ROI with your selected crypto.

While Bitcoin remains at the top of the cryptocurrency market, other coins have seen significant gains. This section will have a look at the various cryptocurrencies out there currently and how they compare to BTC currently. However, when dabbling in Altcoins, it is always important to remain up to date with your coin of choice. Make sure you do additional research whenever looking into buying an unfamiliar coin and gamble responsibly.

This section will have a look at the most popular altcoins available on the market, and explore some of their strengths and weaknesses to help you pick and potentially maximise your investment.

Ether (ETH)

Perhaps the most popular altcoin out there currently, ETH does not solely act as the gold standard of the internet. It is also a decentralised software platform that allows for the creation of smart contracts and decentralised applications. Its aim is to create a decentralised platform of products, be it games, decentralised finance or information exchange.

Ether, the native coin of the ethereum blockchain, acts as a currency payment for when people conduct transactions on the ethereum blockchain, this is also known as ‘gas’. It is an exciting space that allows for the creation of NFTs and DeFi exchanges.

At the time of writing, January 2022, ETH’s market cap is just under half of Bitcoin’s. In 2021, it has seen a growth of over 400% from the beginning of the year till the end of the year. This is in part due to the massive DeFi exchanges that the blockchain hosts, and also in part due to the burgeoning NFT space that has taken over the crypto sphere.

Furthermore, in December 2021, it has shifted from proof of work to proof of stake model, making transactions cheaper and faster for users. While miners may not be ecstatic about that, as mining used to act as a method of confirming every block, it has made the blockchain more efficient at less cost. Now people can stake their own ETH to fuel transactions.

Litecoin (LTC)

Litecoin is often referred to as the “silver to Bitcoin’s gold”, litecoin was one of the first coins to emerge after Bitcoin back in 2011. Altcoin uses a PoW mechanism, meaning miners are often drawn to the network.

Furthermore, the team at Litecoin are constantly working to better the system . Its market cap is approximately USD 9 billion currently. However, one of the oldest altcoins has seen a dip back in the last couple of months.

Cardano (ADA)

The team behind Cardano are truly crypto experts who have written over a hundred papers on blockchain technology. This research based approach is at the core of this cryptocurrency.

As of January 2022, the market cap for Cardano is USD 36.17 billion, experiencing steady growth since last year. ADA is currently valued at USD 1.02, while the market has experienced a drop, ADA experienced a threefold price increase over the last year.

Cardano aims to be the world’s leading financial operating system. However, their aim goes beyond DeFi applications, but also aims to prevent voter fraud, provide legal contract tracing, resolve chain interoperability and other exciting prospects.

It is predicted by some experts in the field that it will surpass Ethereum in future. Some indicate Cardano’s adoption of the proof of stake model before ETH is an indicator that they are ahead of the curve. Though, it still has a while to go before it is on par with ethereum when it comes to dApp development and DeFi applications. However, it is still a fascinating coin that is on everyone’s radar.

Polkadot (DOT)

Polkadot was created by one of the founders of Ethereum, and is a versatile protocol and one of the larger altcoins available on the market currently. With a market cap of USD 26 billion in January 2022, and a value of USD 24.07 for one DOT.

Much like Ethereum, Polkadot is a protocol that allows developers to create dApps. However, unlike Ethereum, Polkadot already has its own security measures which developers can use rather than create their own. This means that newer and smaller projects are more protected.

Crypto has shown to be an excellent investment over the last few years, however, bear in mind there is always the possibility of volatility. For example, at the time of writing, we are experiencing one of the largest drops in the market, wiping out approximately USD 136 billion from crypto’s market cap. However, considering that the market has grown exponentially in the last 5 years, it is too soon to tell whether this is an actual cryptocurrency bubble burst or whether it was a periodic dip in the market. This is highly dependent on how regulation will react to the industry.

Responsible Gaming with Crypto

As with any standard form of gambling, you should always follow responsible gaming practises, especially with crypto.

Setting Deposit Limits

Always set deposit limits that are within your remit of spending. Manage your bankroll effectively in order to mitigate any potential losses and make sure you do not spend more than you are comfortable with. When it comes to gambling with crypto there is the additional responsibility of making sure your coin of choice is not in freefall.

Remember that gambling is primarily for entertainment, and if it causes stress or anxiety that you should stop.

Time Reminders

Keeping an eye out for the time you spend on online gambling can help you mitigate your losses. Online gambling games are a fun activity, this way you can be sure to not lose track of time and keep in check how much you spend. Many online casinos will provide a prompt indicating how much time you have spent playing this session.

Create a Bankroll Budget

Take into account your monthly expenses and set your bankroll accordingly. This also applies to depositing money in crypto. Never set your entertainment budget high enough that it will cut into money that you would need in your normal life.

Signs of Problem Gambling

Problem gambling can manifest itself in various forms. Though, here are a list of some common signs of problem gambling :

1. Loss of interest in friends and family
2. Exceeding spending limits
3. Spending more time than self allotted on gambling
4. Arguing with close people about gambling
5. Putting gambling ahead of priorities such as work
6. Lying about casino or betting habits

These are signs to watch out for in your personal life that, if you notice them, you should consider cutting back or stopping gambling. Many online casinos offer you a self-exclusion option which will temporarily or permanently prevent you from playing at the casino – this is an option available to you if you feel like your gambling has become problematic.

Gambling Helplines

Make sure you have a helpline available for yourself. There are a number of organisations out there to help you with your gambling if you need it and will be able to support you through any questions or concerns you may have.

Crypto Market Updates

Along with gambling, you would also need to keep up to date on what’s happening in the world of crypto as well as gambling responsibly. As mentioned earlier, the chances of volatility can be quite high increasing the possibility of additional losses.

Final Thoughts

RTP is a useful tool when opting what games to play and also what casino to pick. There are a plethora of games and crypto options out there for you to choose from online.

Taking into account the RTP is only one aspect that you may need to take into account. Solely taking RTP into consideration does not wholly minimise losses, as you also need to consider the value of your chosen crypto. When choosing your coin, it is important not to give into the hype, do your research and ensure that the team behind the coin you pick is active and is still working to improve the blockchain or coin.

There is always the potential of your chosen crypto to drop in value suddenly. As with gambling being a game of chance. Therefore, ensure that you are gambling responsibly and trading or purchasing crypto according to your budgetary concessions.

While risky, by opting to play smart and consider RTP in your overall strategy, there is the potential to maximise your winnings. Playing smart may allow you to increase your ROI, but always bear in mind the potential risks that come with it.

FAQ

What is casino RTP?

RTP is the “return to player” percentage of a game. This is the theoretical percentage, over time, that a game will return to a player for every amount that they play. For example a game with an RTP of 95% would have been modelled as returning this amount over a long time to a player.

Do crypto casinos have instant withdrawals?

Yes, crypto casinos are some of the quickest options for players looking to withdraw their money. As transactions are handle near-instantaneously, there are not the usual waiting times that players using other payment methods have to deal with.

Do all casinos accept crypto?

Not all casinos accept crypto, but is it becoming much more common for online casinos to accept not only larger coins like Bitcoin and ETH, but also smaller altcoins which have become rapidly popular recently. It’s best to pick one that is well-rated, and is clear on which payment methods it offers.