Provably Fair Bitcoin Casino

If you are always losing on a Bitcoin casino game, chances are you will be thinking a lot of things and be wondering about if the house is already playing tricks on you. If this is the case, all you want to do is that you can verify if all your games are fair. We all know that in every Bitcoin casino all that you need to protect is your winnings and you would really love to know if your online Bitcoin casino is not playing tricks on you when you bet with Bitcoin! Online Bitcoin casinos now are starting to be more transparent in their games and in their players.  One reason is the players are now being smart about their bet and about their winnings we all know that you want to play because you want to win and you want to double or even triple what you have.

In short, you can trust that a game of Bitcoin that are provably fair are guaranteed to be random and reliable, the said provably fair just have and explained in a simple and basic logic it’s just like your pin code or password.

Bitcoin casino now are offering Provably Fair Gaming this is the trait that makes Bitcoin gambling distinct from the normal gaming experience offered in online casino. This provably fair gaming offers the players to have the power to keep a watchful eye on the game outcomes of your every bet, take note that every casino games now are offering a provably fair gaming like provably fair Bitcoin poker, Bitcoin dice, Bitcoin roulette, Bitcoin lottery, Bitcoin blackjack, Bitcoin slots, and a like.

If your Bitcoin casino or a online Bitcoin Gambling site utilizes this system, you can always expect that it uses the cryptographic hash functions to generate strings from normal data. Once the data is converted into strings, you will see a series of alphanumeric characters, which is actually called the hash.

In short this provably fair is just the reason why players are now aware that the Bitcoin casino where they play casino games is literally and technically legitimate. 

Betting and Depositing Stopped on Just-Dice and Doge-Coin!

With news today that Canada is regulating bitcoin at the national level, gambling websites Just-Dice and Doge Dice (under same ownership and presumably run from Canada) have announced that they ceasing account depositing and betting for the foreseeable future. Just-Dice's main highlight is its provably fair gaming that's why it gained its popularity in no time.

There has been a post made by a staffer from the site's official blog, the staff's simply goes by 'Deb':

"As some of you know and many of you are going to find out, we have determined that the best course of action following Canada's new regulations regarding 'online currency' is to temporarily disable betting and depositing on both Just-Dice and Doge-Dice."

Canada's new regulations make things incredibly difficult for new businesses working in the bitcoin industry to get themselves in compliance with the law.

Bed of Just-Dice/Doge-Dice notes that along with 'Doog' (another staffer) "are working on alternatives for the sites," adding that they'll work to keep the community adequately updated as progress is made. They also make the recommendation that all users withdraw their coin balances and keep it in their own private means of storage until such a time where the website can open for business again.

Until then the sites will still remain functional, but all transaction taking place on the properties will be in what's they've referred to as a "play coin" environment. In other words, not real money.

"We would like to take this opportunity to thank each and every one of your, players, mods, investigators and those who have been active on chat. Without you, we'd not have enjoyed such a remarkable year together," she writes. "We hope to see you all back again once we've had a chance to get our ducks in a row."

Source: newsbtc.com

BitCasino.io, the Internet's Best Choice for Bitcoin Online Casinos

With the internet's biggest powerhouses, Google and Yahoo, now adding Bitcoins to their financial outlets you can only imagine that the interest of this open source P2P virtual currency will continue to grow exponentially.

The popularity has already caught on within the online gambling industry as the first licensed Bitcoin online casino has launched. BitCasino is a licensed and accredited gambling operator currently available to Bitcoin players exclusively.

Playing at BitCasino

Players can register for an account, deposit, play, and withdraw money with Bitcoins as the only currency. This allows players to enjoy the freedom of gambling online anonymously and have access to some of the hottest online slot games from the industries biggest software developer.

BitCasino is powered by the award winning, innovator of 3D casino games, BetSoft Gaming! BetSoft Gaming offers casino operators some of the best cinematic 3D generated slots online with some personal favorites that include the newly released Gypsy Rose slot and our all time favorite, the off the wall sequel to Gold Diggin', More Gold Diggin'!

If you haven't experienced the vast collection of 3D slots from BetSoft Gaming don't hesitate to take on BitCasino generous welcome package giving new registrants a 100% up to 1BTC on your first deposit.

The look and feel of BitCasino will be just like playing at any other real money play online casino, with a transparency of intention to offer pure gambling entertainment. Simply register a username and password, deposit your Bitcoins to your BitCasino exclusive bitcoin address and within minutes your account will be funded and your on your way to some of the internet finest online gaming.

Source: casinoscamreport.net

SoKor Bitcoin Casino Seeks Asian Customers

The List Of Online Casinos Using Bitcoin Is Getting Longer and Longer!

With a large number of gamblers eager to spend their money playing casino games, the Asian market has a huge potential. The only trouble is online and mobile casinos are not only illegal, but also blocked in several Asian countries, where laws tend to be very restrictive and authorities impose harsh punishments on anyone who dares to break them.

Satoshinori, a company operating from South Korea, is hoping to draw a big chunk of those gambling-thirsty Asian customers. Virtual currency is often used to dodge anti-gambling laws by avoiding traditional payment processing and Satoshinori is the latest addition to the list of online casinos using bitcoins. The website is available in Korean, Japanese, Chinese, Vietnamese and English. 

For now, the website doesn't offer online blackjack, but it does have a variety of multi-players games, including Seven Card Poker, Texas Hold-em and Matgo. Some of these game can only be played at Windows Explorer.

Testing the market

The South Korean website went live in May and is currently in beta testing. Players are welcome to participate and communicate their observations to the casino staff, via email. The team did not set a date for the full launch yet. An announcement published on the site says: "We will officially open when we finish the beta service."

It is Legal

When it comes to gambling with virtual currency, the biggest concern is the legality of the whole thing. Several Asian states – such as China or most American states – forbid playing online casino games for money. But the trick is… bitcoin is not real money; it’s virtual currency. It’s a completely unregulated market, because most states don’t even recognize it as a currency.

Source: virtualmining.com

Casino M8TRIX License in Jeopardy

Casino M8TRIX License in Jeopardy after profit Skimming Accusations!

A california cardroom may find itself out of business if the state attorney general's office can prove Casino M8trix attempted to hide millions of dollars in profits. The state's Bureau of Gambling Control filed paperwork on May 2 accusing the San Jose cardroom of diverting significant income from its 49 poker tables to limited liability corporations (LLC) controlled by M8trix owners Eric Swallow and husband and wife team Peter and Jeanine Lunardi.

The payments to the LLCs were listed as expenses rather thatn distributions to owners, which reduced the amount of income M8trix reported to effectively zero in three of the four years between 2009 and 2012. This is not only reduced M8trix's tax bill but also its contributions toward city-run gambling addiction programs. The San Jose Mercury News reported that Swallow had admitted there were no invoices detailing the nature of the expenses for which the LLC's received "millions of dollars annually" from M8trix.

A Glimpse to a Provably Fair Gaming

If a casino is Provably Fair, it means that it is using a special code to let the players or the users know that there is nothing fishy that is happening behind it. The result of every bet is created in a random manner, and hashed in a way so that nobody knows what it is. 

Provably Fair Gaming means you can verify each played to ensure you always get a fair deal. This is a new technology that let's you gamble with peace of mind without actually having to take the trouble of playing in a real casino. All you have to do is to play your favorite games with the provably fair bitcoin casino.