Bitcoin casinos are springing everywhere, and the fact that they operate with the crypto currency makes the casino far more unique than usual either for good or bad. Mainly, there is no legal entity regulating the money transactions and your transactions cannot be traced or taxed, which also means no government authority is regulating the casino.
The advantages are faster money transactions, almost instantly. Complete anonymity of your online transactions and that is very important if you are from a territory that bans online gambling.
The major risk is losing your money to a casino that isn´t enforced by legal entities to pay you. Bitcoincasino.us has had a bit of complaints from its players on regards to the usual matters, like unpaid bonus winning withdrawals. So make sure you know all the facts before opening an account.
Is BitcoinCasino.us a Scam?
So far we haven´t identified the casino as a scam. All bitcoin casinos will never be safe until the crypto currency is regulated worldwide.
BitcoinCasino.us is paying their players and maintain a regular operation like any other with support staff and contact details.
Were the casino operated from and who owns it is a complete mystery. There is no information on the website. This is an indication the casino is not operating under any typical location for online casinos like Gibraltar, Cyprus, Caiman Islands or Panama. All of the previous locations adhere to local laws that expedite a license the casino should publish on their website. That said this casino might be illegal to you, not the same as a scam.
There is no section in the website that talks about the casino origins, but the gaming platforms are all European and from the northern part of Europe.
US Players Welcome
American players are welcome into the casino. Bitcoin and the encryption technology behind the casino ensures complete anonymity and no means to trace the players or its actions. A warning appears on the website policy section stating players are fully responsible of endorsing their own local laws.
Games and Player Experience
The website is awesome with some impressive design, very focused on the best of their games from Betsoft. The playing experience is top notch, and it has to be with casino game providers like Betsoft, Endorphina and Softswiss. Betsoft offers some of the best casino games with 3D story based online slots. Endorphina and Softswiss are a less known, but add games you probably never have seen at other casinos.
Hundreds of online slots are available as well as table games, card games, blackjack, roulette, dice games among others. No live casino option.
There is no app for the casino but it is fully optimized for mobile and tablet play.
Bitcoin Welcome Bonus
The casino offers a welcome bonus of 5 BTC, which is more than $6,000 USD to today’s exchange rate, plus 150 free spins.
The wagering requirements are not very realistic. The rollover is 40x, that is almost twice as double as the usual 25x from any other casino. They used to abuse in the past, but this ridiculous. Slots are the only game were the bonus conditions are met 100%, table games only count for 2% of the requirements, when in any other it is 25%.
Free spin bonus are sometimes given out, only 0.1 BTC can be withdrawn and the rest goes back to the casino. To claim the winnings a minimum of 0.5 BTC need to be deposited and wagered.
First deposit: 150% bonus up to 1 BTC and 150 free spins.
Second deposit: 100% bonus up to 1 BTC.
Third deposit: 75% bonus up to 1 BTC.
Fourth deposit: 50% bonus up to 1 BTC.
Fifth deposit: 25% bonus up to 1 BTC.
This is very unusual, even to withdraw funds a player needs to comply with betting requirements of 3x of the original deposit.
The maximum amount to withdraw is 3 BTC per week. VIP players can withdraw 5 BTC per week.
For those who win more than 100 BTC the payment can be divided into monthly installments.
All accounts are identity verified before withdrawal.
There is alive chat to contact support staff, but testing it shows there isn’t always someone around to answer. Email seems to be the only reliable source of contact with no true notion of when you will be answered back.