From its beginnings early in 2014, the company has grown to incorporate over 110 games, each with a variety of bespoke features, as well as an integrated bonus and promotions system.
Created by an experienced team with extensive knowledge of the fiat gambling market, the service balances high-quality infrastructure and industry firsts with a uniquely intuitive and uncluttered user experience.
BitCasino features a highly efficient site model specifically designed to make its content easily available to players. The development team, with extensive experience in fiat-based gambling systems, has taken steps to ensure an intuitive and satisfying environment.
Using the site is as straightforward as many other Bitcoin gambling outlets have become; a simple form is filled in with basic contact and age information, whereupon an account is immediately opened and available for use.
It is quite apparent from this point forward that BitCasino shares few other similarities with its competitors. Complex, information-laden user accounts and tabs have been replaced with simple game access and a ‘Cashier’ function for deposits and withdrawals.
Each game page contains all the necessary information for play, such as maximum and minimum bet amounts, rules, bonus eligibility, etc., as well as a useful Quick Deposit feature. This generates an address in the gaming page itself, allowing users to funds their accounts quickly and seamlessly without navigating away from the current page.
Also on each game page for optional display is information such as latest winners, along with options such as playing the game with additional brightness, in a pop-up window and the ability to mark it as a ‘favorite’ game for easy return access.
All games on BitCasino are available to play for free, so that players are able to become acquainted with the rules and feel of the site prior to depositing funds.
Rather than display extensive information in a user account format, BitCasino streamlines the concept with its easy-to-access Cashier function, saving less relevant information for wiki-style articles accessible at the bottom of the website.
The Cashier itself involves a simple deposit and withdrawal tab, along with security instructions to enable Google Authenticator on desktop and mobile devices. Currently, only Bitcoin is supported for account funding and gameplay. BitCasino informs Cointelegraph that deposits and withdrawals of any size are aimed to be processed within 10 minutes of submission – a record as an industry standard.
In terms of support, a Help Centre is available as a tab on the right of the page, offering instant chat along in addition to email. An extensive FAQ on BitCasino and Bitcoin itself is also found here.
BitCasino.io was founded by an already experienced group of active participants in the US fiat gambling sphere. Seeing Bitcoin as an important addition to the market, developers nevertheless wanted to bring the ease and streamlined nature of the most mature fiat market options to the cryptocurrency audience.
As such, BitCasino was created to provide the ultimate seamless and intuitive Bitcoin gambling experience, with emphasis on control and maneuverability of funds.
Experience of its creators is also apparent in the ease of navigation the site offers, as well as its supporting elements such as security and support options.
BitCasino is still a relatively young enterprise, and its extensive program of future innovation highlights the attentiveness and market knowledge of those behind it. For more information, check out Cointelegraph’s interview with the BitCasino.io team below.
BitCasino.io was formed in January 2014 and is a registered legal entity licensed to conduct online gambling operations by the government of Curacao.
BitCasino was formed in the first half of 2014 from a partnership group of developers and investment bankers.
BitCasino offers free deposits and withdrawals in BTC, denominated as per the rest of the site in mBTC.
Minimum gameplay amounts vary, in general ranging from 0.05mBTC – 300mBTC.
Games are also available to play as non-paying versions.
Cointelegraph reached out to CEO Vladimir Negine and his team to find out more about the development process of BitCasino.io and what the future holds in store.
CT: What inspired you to start BitCasino and to move into the Bitcoin gambling arena?
BC: We have been in the fiat gaming industry for over 10 years and we pride ourselves on innovating and developing the best new features for the market. We saw the huge potential utilizing Bitcoin for gambling, specifically making a player’s gaming experience incredibly seamless and accessible in terms of deposits and withdrawals. We also felt, using the Bitcoin protocol, we could reach new markets, which are considerable underbanked and do not have access to credit cards or traditional payment methods. Hence, there were significant opportunities to develop a best of breed online casino in the rapidly developing, yet immature, Bitcoin Casino segment.
CT: What makes BitCasino stand out from the considerable number of sites rapidly filling the market?
BC: We are an extremely agile company, reacting to market forces very efficiently. Our site continues to develop rapidly, bringing on new software providers, as well as fine tuning the gaming environment. Our key driver is that we can put ourselves in the player’s shoes and develop exactly what they need or want, to have an entertaining experience. We were the first ever licensed Bitcoin-only casino as well as first ever to offer live dealer, live dice and live games for Bitcoin. We offer instant deposits and withdrawals, as well as 24/7 live support, over 400,000 mBTC in jackpots, pseudo-anonymity and of course the widest range of games for our player’s enjoyment.
CT: Gaining recognition and creating a unique ethos can be difficult for a Bitcoin startup. What have been some hurdles you've needed to overcome to get this far?
BC: We recognize that the customer should always come first and that success is built on gaining our player’s trust and loyalty. There will always be technical difficulties, with 10 different casino software providers integrated and especially when process over 50 gaming transactions per second (ie bets). However, we place a huge focus on resolving any player issues immediately and thoroughly to ensure that we keep the player’s experience as best as possible. Our lovely support team ensures that every player who has an issue has regular and accurate communication and is well taken care of.
CT: An essential element for anyone choosing a Bitcoin entertainment site is security. How is BitCasino.io specifically ensuring there are no issues with the safety of customers' investments and other sensitive information?
BC: We employ Google 2FA authentication for players at the time of login as well as any cashier functions (like withdrawing funds). We also have some very technically advanced hardware KYC functions in our backend, to ensure that funds cannot be withdrawn to a random location, inconsistent with deposit locations.
We are working on a “Proof of Solvency” Merkle tree function, which will allow all players to self check that the funds they have deposited actually existing in our casino accounts. This is quite an advancement for the Bitcoin Casino / Sportsbook industry, as at this time, only a handful of Bitcoin exchanges have offered such features. However we believe that, even though we are licensed and regulated by the Curacao Gaming Commission, at the end of the day, it is the player who wishes to ensure that we offer a safe and accountable (auditable) operation to protect their funds, if they decide to play on our site. We are more than happy to take input from the community on the best implementation of this open source Proof of Solvency function, if there are any interested programmers out there!
More info on the “Proof of Solvency” can be found at https://iwilcox.me.uk/2014/proving-bitcoin-reserves.
CT: Are there any future developments you're especially excited about sharing?
BC: We take great pride and enjoyment bringing the best casino offerings to our players. Already in November 2014, we have successfully integrated Play n Go slots as well as joining the Coin Gaming Poker Network. We believe the poker offering will be a perfect fit for our players, with a considerable focus on free rolls and guaranteed tournaments. To this end, we think it’s more fun for players to play poker and win bitcoins, rather than go to some plain faucet site!
We hope to announce a major partnership with one of the biggest Casino Software providers in the world in late November, which will include Jackpots of over $4 million USD (nearly 10,000 BTC!)BitCa