Depositing through conventional payment methods using fiat currencies typically requires the involvement of a third party. Not just this, you will also have to give up some of your details to bring the transaction into effect. By implication, your financial transactions, especially deposits cannot be confidential. Thankfully, betting with Bitcoin, Ethereum, Litecoin, Dogecoin, and other cryptocurrencies has ushered in a new era of rising change and comfort in anonymous deposits. You can now deposit at and other crypto operators anonymously. Since crypto makes for direct peer-to-peer financial transactions, only two parties are required to effect payments. Third parties like financial institutions, governments, and other forms of intermediaries are no longer needed. This creates the ideal setup for anonymity and privacy. One of the biggest objectives of blockchain technology is cheaper and instantaneous transactions, whether domestic or cross-border. This is why making withdrawals with crypto is great as they are instant. Of course, this is an exclusive preserve of crypto gambling platforms like Betbit Bitcoin Casino. Indeed, the involvement of a third party is the reason withdrawals at casinos and sportsbooks get delayed. Since blockchain technology eliminates the need for these third parties, this leads to faster payouts. This also means gamblers don’t need to pay fees or commissions to have their withdrawals processed. By implication, this allows you to spend more time exploring the robust assortment of games at the iGaming site instead of waiting pointlessly for payments to be effected. Once you register on a crypto casino or sportsbook, you will most likely be entitled to a bonus package as a new member of the site. This is known as the welcome or signup bonus. For instance, Betbit gives its new players a welcome offer of 100% up to 100 mBTC on their first deposit. Playing with cryptocurrency doesn’t disentitle you from enjoying good bonuses and promotions. At bitcoin operators, there are different categories of bonuses you can claim provided you meet the attached terms and conditions. Some of these bonuses and promotions are:

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Payout Percentage

The long-term percentage of the casino is payouts on the average bet is often referred to as the "theoretical payout percentage" or "return to player" (RTP) percentage. It represents the average amount a player can expect to receive back over a large number of spins, expressed as a percentage of the player is average bet.

For example, if a slot game has an RTP of 96%, it means that for every $100 wagered on the game, the average player can expect to receive back $96 in winnings over a long period of time. However, it is important to note that the RTP is a theoretical average and dose not guarantee that a player will receive back a certain amount in winnings. The outcome of each spin is determined by a random number generator, so the results can be highly volatile and can vary greatly from player to player.

The RTP percentage is often published by the game is manufacturer and can be found in the game is rules or paytable. It is important to note that the RTP can vary greatly from game to game, and some games may have higher RTP percentages than others.

It is worth mentioning that while the RTP percentage gives players a general idea of the expected payouts, it is not a guarantee of how much a player will actually win. There will always be some variance in the results, and the actual payout will depend on many factors, including the size of the player is bets, the frequency of winning combinations, and the specific rules of the game.

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