Since 2013, Cloudbet has been a pioneer of crypto casino games. The online casino has taken millions of bitcoin roulette bets, earning a reputation as the most trusted and best bitcoin casino and live bitcoin casino.
What is Bitcoin?
Bitcoin is a digital currency that enables instant payments anywhere in the world. It uses peer-to-peer technology to operate; money is issued and transactions are managed collectively by the network, meaning there is no central authority. You can find a good introduction to bitcoin and other cryptocurrencies at the Cloudbet Blog.
How to play bitcoin roulette
The aim of bitcoin roulette is to place your bet on where you think the ball will land on the “petite wheel” - the roulette. This you do by placing your chips on specific points on the table, or the layout, as it is known.
The wheel is numbered 1-36, which alternate between red and black, with a single 0 on a European wheel, or a 0 and a 00 on an American wheel - which are green. The zeroes are important as they give the house its edge (2.7% with a 0; 5.26% with both).
The odds at which you win depend on how specific your bet is. For those details and more, see our blog post: The Basics: How To Play Roulette.
Crypto Roulette rules
You place your bet in a very specific way on the table, before the croupier closes the betting window and spins the ball. The croupier announces the result and spreads out the chips depending on the winning bets.
European vs American rules: The rules for the European and American versions are basically the same, except for some characteristics of the game. More specifically, the layout of the tables are different and the American version features a double-zero slot. Thus, the total amount of the slots on the American wheel is 38, which causes a slight change in the odds and payouts, and in the overall rules of roulette.
How to place bets with crypto on roulette sites?
With the recent boom in cryptocurrency prices, there’s certainly a lot more chat about Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) - and a host of other cryptocurrencies.
At Cloudbet you can create an account, buy crypto on-site and make a deposit easily and in a matter of minutes. To start, you may consider buying USDT, a token pegged to the US dollar, which may feel more familiar to betting with fiat currency. Cloudbet players can also deposit with a credit or debit card.
Find a preferred casino roulette game, or a live-dealer roulette table, take a seat and place crypto roulette bets… before withdrawing your winnings to your crypto wallet.
Does Cloudbet offer BTC Roulette with live dealers?
Cloudbet runs a state-of-the-art live casino, with live bitcoin roulette, blackjack, baccarat and other live-dealer table games, as well as a range of live game shows.
Does Cloudbet offer a bitcoin bonus for Roulette?
Cloudbet offers one of the most generous bonuses when playing bitcoin roulette online. New players receive a bitcoin bonus matching 100% of your first deposit, up to a maximum of 5 BTC (5,000 mBTC).