How Should Bettors Maximize the Soaring Bitcoin Price?

May 03, 2017
How Should Bettors Maximize the Soaring Bitcoin Price?

The Bitcoin $1,400 price breakthrough is a good opportunity for bettors to get the most wins out of their wagers. Bets that are just $1 or less in Bitcoin equivalent could turn into $1,000 or more thanks to the many iGaming sites.

There are many opportunities bettors can find in the online gambling market to maximize the soaring Bitcoin price. Some of which includes playing progressive jackpot games, Bitcoin dice games, and Bitcoin poker tournaments.

Play progressive jackpot games

Progressive jackpots are usually associated with slots that have a growing jackpot prize amount. The prize increases as more and more people keep wagering in the game. To get a shot at a jackpot in most games, there is a minimum betting amount that players must meet.

Bitcoin reaches $1,400 the highest Bitcoin price in history

Different progressive jackpot games have their own unique ways for players to win a jackpot. One example is Mega Moolah’s jackpot prize. Bettors must enter the Jackpot Wheel mini game to get four different prize amounts. The largest possible prize amount is the mega jackpot which is the single white space on the wheel.

Roll the Bitcoin dice

The minimum bet for many games can be steep for certain players. This is especially true for the high buy value of Bitcoin. Bitcoin dice, on the other hand, will allow any player to set a smaller bet than other casino games.

FortuneJack, for example, has a minimum bet of only 0.00000010 BTC or 10 satoshis. The game even has a Bitcoin faucet that allows players to receive a small amount of Bitcoin to use in the game. This makes the dice game a good gateway game for anyone that does not own any Bitcoin.

The rule of the dice game is simple. Players will set their bets based on the result of the roll and whether it is higher or lower than the number they choose. To make it simple, most dice games will have the bettors directly set their desired winning percentage or the payout rate. Some websites make the game even more user-friendly. An example is 1xBit that has a slider that lets a player easily set the odds and payout rate of his rolls.

Join GTD Bitcoin poker tournaments

Bitcoin poker rooms are different from the video poker or casino poker games online. Poker rooms such as the one in BetOnline.ag have players compete against other players in different types of poker. The prize pool in these games is based on the buy-in amount for each table.

The one to look out for is Guaranteed or GTD Bitcoin poker tournaments. These are games that have a set minimum prize amount. Americas Cardroom is a popular Bitcoin poker room that hosts many GTD tournament games throughout a week. It is a good idea to look for a GTD Bitcoin poker tournament that allows players to buy more chips. Having this option available can lead to a higher guaranteed prize amount for the winner of the game.