Best High Roller Bitcoin Casinos For VIP’s
Why Use Bitcoin?
It goes without saying that online slots high rollers are the ‘cash cows’ of the casino. It’s estimated that their combined value to the online gambling market will be in excess of $56 billion by the end of 2018. I think it’s safe to say that high-staked players are responsible for more than 80% of any casino’s revenue. Bitcoin has become king for High Roller VIP players that want to deposit and withdraw with no limits, or high limits. we have listed the top Casinos using bitcoin, some payout almost instantly.
Why Bitcoin Is Better
One currency that has become a game changer is Bitcoin, since it stormed onto the global economic stage it forever changed the manner in which we purchased goods and services online. Because of the convenience it offers to gamblers it wasn’t long before Bitcoin casinos saw its potential.
Aside from using Bitcoin, casino operators offer a plethora of deposit and cash out methods. However, it’s best to use a cash out option that best suits your needs. Other popular deposit and instant withdrawal methods for high rollers rollers are e-wallets such as Skrill, PayPal or Neteller. What I like about the aforementioned banking options is that they have very low withdrawal fees unlike credit cards or wire transfer.
Bitcoin’s Meteoric Rise A High Roller’s Delight
Bitcoin really leveled the playing field for players situated in jurisdictions that frowns upon online gambling. Take the United States for example, it doesn’t prohibit gambling online per se but the Federal Government prohibits banks to process credit card payments from online casinos. Thanks to Bitcoin the digital currency circumvented gambling legislation by enabling players to play online. It’s safe, easy to use and it offers a fair amount of security-what more can high-staked players ask for?
It wasn’t always plain sailing for Bitcoin, in 2007 it experienced its fair share of upheavals, however, as it become more popular many investors across the globe including China saw it as a hedge in times of economic uncertainty.
The net result is its demand fair outweighs its supply since there’s only a certain amount of bitcoins in circulation. The past 18 months has seen Bitcoin enter the mainstream, the United Kingdom Gambling Commission allowed UK licensed online casinos such as NetBet to use it as a deposit and withdrawal method.
Slots high rollers like it because they’re not confined to the casino’s weekly or monthly withdrawal limit, they can withdraw more cash. Furthermore, the amount of cash a VIP player can withdraw in a single Bitcoin transaction depends largely on the player’s VIP status-the higher the status the more cash the player can withdraw. Slot players who use Bitcoin receive a fair amount of free spins, percentage cash back on their losses, faster cash outs with virtually no withdrawal fees.
In summary. Despite being criticized by many so-called economic experts Bitcoin is here to stay. The fact that it offers a large degree of anonymity and high transaction limits it has become the deposit option of choice for high rollers.
Loads of Bitcoin casinos now offer high rollers special bonus packages with reduced wagering requirements just for pitching. The best bit is that players can wager online in the privacy of their own homes without any fear of being prosecuted by their governments.
In the world of online gambling high rollers are now the main kingpins thanks to Bitcoin. Make no mistake PayPal and Neteller are right up there but in recent times with over regulated markets the crypto currency steals the show.