Bitcoin Lottery Guide – Best Bitcoin Lottery Sites
If you’re feeling lucky, you should consider playing Bitcoin lottery. It is a game that requires no skills but a lot of luck to win. Like the common one that you know such as the state lottery. The basic requirement is purchasing tickets with the hope that your ticket is selected in a lucky dip. There are many kinds of lottery out there. The most basic form is that tickets are sold to people who have the option of buying as many as they want. In fact, many participants will likely buy many of these tickets with the intention of increasing their chances of winning the star price of the lottery. There usually is a timeline for this game. After the sale of tickets, a winner or winners are selected in a draw. There may be questions about how fair the process in the convention lotto but that should be a discussion beyond our scope. In this post, we shall focus on Bitcoin lottery.
Best Bitcoin Lottery Sites in October 2020
Here are our top picks of the best bitcoin lotteries.
Free Crypto Faucet
- Decent reputation
- Only 0.8% house edge for dice
- Ten supported cryptocurrencies
Exclusive 120% up to 1.5 BTC with 250 free spins
Minimum Deposit: 0.002 BTC
Bonus Match: 120% up to 1.5 BTC
Wagering Requirement: 30x Bonus Money
Valid: 7 days after activation
Exclusive BTCGOSU Deposit Free Spins: 250 Free Spins (Wolf Gold, Asgard, Da Vinci's Treasure or Mustang Gold)
Minimum Deposit: 0.005 BTC
Wagering Requirement: 30x Bonus Amount
Notes: 25 Free Spins will be granted per day.
First Deposit Bonus:
Minimum Deposit: 0.001 BTC
Bonus Match: 110% up to 1.5 BTC
Wagering Requirement: 30x Bonus Money
Valid: 14 days after activation
1st Deposit Free Spins: 250 Free Spins
Minimum Deposit: 0.005 BTC
Wagering Requirement: 30x Bonus Amount
Notes: Check Full T&C on the website before claiming.
- Good reputation
- Large selection of games
- Terrific welcome package
100% up to 1 BTC with 25 exclusive no deposit free spins
Minimum Deposit: 0.001 BTC
Bonus Match: 100% up to 1 BTC
Wagering Requirement: 40x Bonus Money
Valid: 7 days after activation
Exclusive No Deposit Free Spins: 25 Free Spins
Minimum Deposit: None
Wagering Requirement: 40 X
Bonus Code: FS202010150858
Max. Cashout: 0.01 BTC
Games Allowed: Fire Lightning
1st Deposit Free Spins: 25 Free Spins
Minimum Deposit: 0.001 BTC
Wagering Requirement: 40x Bonus Amount
Valid: 5 days after activation
Notes: Check Full T&C on the website before claiming.
- Vast slot selection
- Provably fair games
- 24/7 live chat option
100% up to 5 BTC
Minimum Deposit: 0.01 BTC
Bonus Match: 100% up to 5 BTC
Bonus Release: 0.01 BTC for every 800 loyalty points earned
Valid: 365 days after activation
Notes: Check Full T&C on the website before claiming.
- One of the oldest crypto casinos including sportsbook
- Massive slot selection
- Generous welcome offer
Various Promotions with 100 free spins
- The first Bitcoin Casino
- Huge number of casino games
- Various promotions catering to all types of players
Free Crypto Faucet
- Nice interface
- Original (provably fair) games
- Many cryptos accepted
110% up to 1 BTC with 300 free spins
Minimum Deposit: 0.0003 BTC
Bonus Match: 110% up to 1 BTC
Wagering Requirement: 35x Bonus Money
Valid: 14 days after activation
1st Deposit Free Spins: 300 Free Spins
Minimum Deposit: 0.005 BTC
Wagering Requirement: 35x Bonus Amount
Valid: 15 days after activation
Notes: Check Full T&C on the website before claiming.
- Terrific design
- Vast game selection
- Six supported cryptocurrencies
100% up to 1.5 BTC or 200 free spins
Minimum Deposit: 0.0042 BTC
Bonus Match: 100% up to 1.5 BTC
Wagering Requirement: 40x Bonus Money
Valid: 14 days after activation
1st Deposit Free Spins: 200 Free Spins (100 every 24 hours)
Minimum Deposit: 0.0042 BTC
Wagering Requirement: 45x Bonus Amount
Valid: 1 days after activation
Notes: Check Full T&C on the website before claiming.
- Terrific game selection
- Various bonuses
- Mobile-friendly
Various Promotions
- Eight provably fair games
- Four cryptocurrencies accepted
- Mobile-friendly
110% up to 1 BTC with 189 free spins
Minimum Deposit: 20€ in BTC
Bonus Match: 110% up to 1 BTC
Wagering Requirement: 50x Bonus Money
Valid: 14 days after activation
1st Deposit Free Spins: 189 Free Spins
Minimum Deposit: 20€ BTC
Crediting: 21 Free Spins per day
Max. Cashout: 0.005 BTC
Notes: Check Full T&C on the website before claiming.
- Live casino section
- Many support options
- Five cryptocurrencies supported
Free Crypto Faucet
- Free faucet with up to $200 in BTC per hour
- Great referral program
- Android app
100% up to 1 BTC with 10 free spins
- Supports several cryptos
- Good variety of gambling options
What is a Bitcoin Lottery?
Bitcoin lottery is an online version of the lotto you know such as we already read in this post. The main difference is that all the processes are concluded online while sale of tickets and payment of winnings are all done with BTC. For some platforms, they go a step further by using the blockchain technology in the final draw that determines the winner. Like in the state backed kind of lottery, there may be more than a winner. Some Bitcoin lotto platform draws reward up to 10 winners while others could reward 3 or even 1 winner in periodic draws. What’s obvious in the game is that a winner emerges through a lucky dip that is not influenced to favor a particular participant.
How To Play Bitcoin Lottery
The main difference between Bitcoin lottery and your conventional lottery is not just that you play and win BTC. It is possible to verify the fairness of the game by checking the process on the blockchain.
To play the lottery with BTC, you have to get a reliable Bitcoin casino and sign up. Then search for the game and buy a ticket with your cryptocurrency. You’re automatically entered for the draw. The reason some call the draws “lucky dip” is that it takes a lot of luck to be selected among so many participants. In reality the likelihood of being selected is slim. This is why many lotto players buy more than one ticket to improve their chances of selection as the winner.
Why You Should Play Lottery with Bitcoin
If you’re wondering the better option between playing the state regulated lottery and Bitcoin lottery. Here are the basic facts that favor playing the latter you need to know.
Ease of Participation
Participating in btc lotteries is a simple matter. What you need is to access a good casino site and then buy tickets with your coins. All the processes are initiated and concluded on the site.
Winner is Anonymous
The player who wins doesn’t need to bother about their privacy. The only identifier is their bitcoin address to which the prize is forwarded to. Their identity is not revealed unlike in many regulates lotteries which demand public announcement of winners.
Global Access To Games
The player’s location doesn’t matter in the game because the digital currency network is not centered in a particular location. Rather it is designed to be accessible by any player irrespective of their geographic location. This is unlike the state regulated lotteries that are restricted to specific locations such as the Euro zone whose citizens have exclusive rights to EuroMillions. Just as the Irish Lotto permits participation from citizens of the Republic of Ireland.
Guaranteed Fairness
Regulated lotteries are closely scrutinized so it is safe to believe that they are not rigged to favor a participant. But there is no way to verify this. If you’re thinking of participating in a transparent lotto, Bitcoin lottery is your best bet since you can independently verify on the blockchain that the operator of the game actually followed the rule that ensured that the winner was selected without bias.
This is possible because every ticket in a BTC lottery is hashed and a set of rules are applied to randomly select a winner. Moreso, many cryptocurrency based online gambling houses do not administer the lotto in-house. Usually, there are reputable third-party serviced that are responsible for the end-to-end integration of software on the blockchain.
Quick Payment of Winnings
Speed of transaction is one of the merits of the blockchain, the technology on which Bitcoin was built. Payments usually take less than an hour to be credited to the winner’s wallet after they have been sent by the casino. The only exception to this is if the Bitcoin network was clogged.
Choosing A Lotto Site
Playing a game of lottery at an online casino has its own risks since these Bitcoin casinos are not as closely regulated as your state backed lotto. This makes it possible for malicious actors to take advantage of the uninformed to cheat people or even steal the pooled funds. This is why you must research the casino before sending money for your tickets. Here are some of the fundamental features to look out for:
Available Support
When you’re dealing with a site, it is important to make sure that there’s a sort of aftersales service. After purchasing your tickets, you should still have access the operators of the casino in case there are issues you want clarified in future.
Popularity of Site
Every form of lottery is a game of numbers. That’s why only popular platforms run lotteries. Funds have to be pooled and a fraction paid to winners while the house keeps some profit. To be successful as a lotto operator, the betting site must have many customers. You can even check if there is a community around the casino and see how active it is. This will help you ascertain that you’re playing on a reliable site.
History and Antecedence
Considering that when money is involved, there will be fraudsters willing to steal them, it is necessary to check a site’s history and what they’ve done in the past to understand the motive of the owners. Would they actually pay winners? Is their lottery based on the blockchain? Are they going to rig it to favor someone they know? These are the basic questions you should ask before buying lottery tickets from a betting site.
Bitcoin lottery is a game of luck just like any other lotto. It could make you fantastically rich if you win, but that depends on how fortune smiles on you.
