MFSA Hunting Down COINMALEX, Crypto Foxtrades
March 31, 2020
The Malta Financial Services Authority (MFSA) exposes COINMALEX and Crypto Foxtrades in false claims of possessing license for operating in Malta.
Bitcoin blackjack gives you a shot to huge crypto wins if you beat the dealer’s hand without going over 21. Here is what you need to know about the game.
21, or more popularly known as blackjack, is one of the world-favorite casino games found in various wagering platforms, including Bitcoin betting sites. When playing the game, you are not competing with other players. Instead, you go against the house. That being said, your goal is simple—to beat the dealer’s hand by creating better hand close or equal to 21.
Although the game features simple rules, Bitcoin blackjack is a fast-paced game. If you play smart, you can rake in satisfying crypto prizes in no time. Begin your blackjack gaming experience by mastering the game’s rules, jargons, accompanying perks, and more.
Wagering bitcoins in blackjack games brought in exclusive mileage to your betting experience. Here are some of the reasons why you should switch to playing Bitcoin blackjack.
Every online casino offers rates that vary on a certain game you are playing. But what place Bitcoin sites on the top shelf is they offer higher payouts. Bitcoin blackjack sites facilitate wallet-to-wallet transactions. That being the case, a huge chunk of processing costs from traditional payment sessions is saved. Bitcoin casinos can pass these savings to players through stellar deposit bonuses, attractive promotions, and more.
Unlike traditional means of exchange, bitcoins do not require your personal details for transactions. Simply provide your user ID and wallet address and you are ready to play. As a result, you can enjoy total privacy without having to deal with middlemen.
If you are worried about being duped, you can keep your woes at bay when you play on Bitcoin blackjack sites. These online casinos offer provably fair games that use mathematical algorithms as basis in ensuring that the outcome of a certain game is fair.
Bitcoin blackjack betting sites essentially operate the same way as their conventional online counterpart do; they offer online blackjack games, grant payout rates, and more. But if you want to enjoy these abovementioned perks, then Bitcoin blackjack is the game to play.
Understanding Bitcoin blackjack involves comprehending the slangs, terms, and jargons floating in the virtual tables. To give you a head start, here are the most common Bitcoin blackjack terminologies that you should know before flipping your cards.
As you play, you might encounter more slangs and jargons along the way. Propping up your blackjack lingo with the abovementioned basic terms is a good start, as these terms will help you understand the rules of the game easily.
There are multitude of blackjack variations available online. That being the case, the rules of each variant may differ from one Bitcoin casino to another. Still, all these games share the basic rules of standard blackjack.
Begin the game by placing your wagers. Then, you will be dealt two face-up cards, while the dealer will also get two cards—one facing up and once facing down. From this point, you will decide whether your next move is to hit, to stand, or to split. Meanwhile, some Bitcoin blackjack games give you the option to double down or even to surrender.
After everyone made their move, the dealer will reveal his hand by flipping the face-down card. Whoever has the highest-ranked hand wins the game. For instance, if the dealer has 17 points and you acquired 18, you will get an even-money payout.
Note that getting a bust automatically qualifies as a loss. In the event that a dealer acquired a bust, all players without a busted hand win the game. In the event that you get the same points as the dealer, the game will result to a push. After all the bets are paid, a new round will begin.
Now that you know the basic rules of Bitcoin blackjack, the next step is gearing yourself up with the necessities you need in playing the game. These include:
The first step in playing the game is having enough funds to cover your bets. To do so, you need to secure a Bitcoin wallet and purchase your crypto coins in reputable exchanges. Most crypto exchanges offer a free wallet if you are a first-time user. The Bitcoins will be credited to your wallet shortly after your purchase.
Of course, to be able to play Bitcoin blackjack, you need to pick a reputable casino to deposit your coins and to play the game. Although signing up with these casinos are easy, make sure to sign up only on reputable betting site. See if a betting site has a seal of approval or a license from a credible regulatory body. This way, you can check if the site is legally allowed to operate in your jurisdiction. Once you take your pick, fund your account with Bitcoins and start playing the game.
Most players refer to a blackjack strategy chart when playing the game. This chart consists of the viable situations on when to hit, stand, split, or double down, in accordance to the dealer’s face-up card. For instance, when you have an Ace and a 9-card, your best move is to stand. Meanwhile, if you have an Ace and a 7, and the dealer’s upcard is 6, then the recommendable move is to double down.
Playing blackjack with bitcoins is simple and easy. To enjoy anonymous, fun, and rewarding betting experience, make sure to have these three essentials.
Making the most out of your Bitcoin blackjack game experience does not mean bleeding your player account dry. In fact, there are several ways to enjoy the game for free, such as:
Most Bitcoin blackjack sites offer a Free Play mode or a trial version of their blackjack titles. Although you will not be awarded with real-money prizes, you can be familiar with the twists and turns of the game without risking your bankroll.
One of the features that set online casinos over its brick-and-mortar counterpart is online bonuses. Most Bitcoin casinos offer no-deposit rewards as a welcome bonus. These rewards allow you to play blackjack even without funding your account. Other forms of Bitcoin bonuses are reload bonuses, VIP rewards, cashback incentives, and more.
Some Bitcoin blackjack sites features a Bitcoin faucet—a reward system often in the form of a website or an app—which “dispenses” satoshis or small amount of bitcoins. Before placing real-money bets, you can use these satoshis in trying the game out. Think of it as playing Bitcoin blackjack in Free Play mode, yet you get the chance to turn these freebies into winnings.
Knowing the basics of a game is the first step in becoming a pro. Make sure to take note of these tips and know-how’s before placing your crypto bets and hitting your cards. Test your winning odds by playing a round or two of Bitcoin blackjack today.