Depositing through conventional payment methods using fiat currencies typically requires the involvement of a third party. Not just this, you will also have to give up some of your details to bring the transaction into effect. By implication, your financial transactions, especially deposits cannot be confidential. Thankfully, betting with Bitcoin, Ethereum, Litecoin, Dogecoin, and other cryptocurrencies has ushered in a new era of rising change and comfort in anonymous deposits. You can now deposit at betbit.com and other crypto operators anonymously. Since crypto makes for direct peer-to-peer financial transactions, only two parties are required to effect payments. Third parties like financial institutions, governments, and other forms of intermediaries are no longer needed. This creates the ideal setup for anonymity and privacy. One of the biggest objectives of blockchain technology is cheaper and instantaneous transactions, whether domestic or cross-border. This is why making withdrawals with crypto is great as they are instant. Of course, this is an exclusive preserve of crypto gambling platforms like Betbit Bitcoin Casino. Indeed, the involvement of a third party is the reason withdrawals at casinos and sportsbooks get delayed. Since blockchain technology eliminates the need for these third parties, this leads to faster payouts. This also means gamblers don’t need to pay fees or commissions to have their withdrawals processed. By implication, this allows you to spend more time exploring the robust assortment of games at the iGaming site instead of waiting pointlessly for payments to be effected. Once you register on a crypto casino or sportsbook, you will most likely be entitled to a bonus package as a new member of the site. This is known as the welcome or signup bonus. For instance, Betbit gives its new players a welcome offer of 100% up to 100 mBTC on their first deposit. Playing with cryptocurrency doesn’t disentitle you from enjoying good bonuses and promotions. At bitcoin operators, there are different categories of bonuses you can claim provided you meet the attached terms and conditions. Some of these bonuses and promotions are:

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THE BASIC OF LIVE ROULETTE

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Live Roulette

Roulette is one of the most popular casino games associated to chance. A first class in-rim sensor roulette wheel will be found on all Betbit Casino Live Roulette tables. Live professional croupiers host the Fitzwilliam Roulette and VIG Roulette tables while the Expo Auto Roulette table is managed by an automated roulette wheel designed to spin on its own via auto play mode.
The gear found on all roulette tables are a roulette ball, 37 numeric slot wheels and a betting table with chips. European Roulette is the version of roulette used on the Fitzwilliam and Expo Auto Roulette tables. As opposed to other versions of roulette the European version is distinguished for having only one single zero number on the wheel. The rest of the numeric slots go from 1 to 36 adding up to a total of 37 including the zero.
Inside and Outside bets are the two categories of bet types. Inside bets are placed on numbered fields, between two or at the corner of three or four numbers. Outside bets are placed outside of the numbered fields where you can bet on ranges of numbers or another aspect of numbers. Among these betting options you have the ability to bet on single numbers, ranges of numbers, the colors (red or black), or on even or odd numbers. The winning number and color is determined by the numeric slot where the roulette ball lands on after each spin. If the results on a spin coincide with your bet selections, the corresponding payout will be credited to your account.

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Facts on Live Roulette

The largest payout on European Roulette tables is on a single number or a straight bet. The payout for this wager is 35:1. The smallest payout is even money or 1 to 1.
European Roulette has a lower house edge (2.70% house edge) than American Roulette (5.26% house edge). This becomes the main reason to justify the high demand of players inclined towards the European version of roulette seen at Betbit Casino.
French Roulette is similar to the European version for having only one single zero as well. However, French Roulette uses the La Partage rule which distinguishes this version from others. In European Roulette the numbers 1 to 36 oscillate between the color red or black except for the single zero which is green colored. The odds against winning are 37 to 1.

Inside Bets

Straight: Bets made on a single number. The chip is placed exactly on the middle section of a number square. The odds against winning are 1 in 37. The payout is 35 to 1. In other words, you are paid 35 times your initial bet plus the initial bet.

Split: Bets made on two adjacent numbers, either on the vertical or horizontal (as in 14-17 or 8-9). The chip(s) must be placed on the line between the chosen numbers. The odds against winning are 1 in 18.5. The payout is 17 to 1. This means you get paid 17 times your initial bet plus the initial bet.

Street: Bets placed on any three numbers on a horizontal line. The chip is placed on the edge of the line of the three numbers and at the end of such (either the left or the right). Odds against winning are 1 in 12.33. The payout is 11 to 1. The payment is 11 times your initial bet plus the initial bet.

Corner: (or square): Bets on four numbers in a square section (as in 32-33-35-36). The chip is placed at the horizontal and vertical intersection of the lines between the four numbers. Odds against winning are 1 in 9.30. The payout is 8 to 1. Meaning you are paid 8 times your initial bet plus the initial bet.

Six Line: Bets on two bordering streets, the chip is placed at the corresponding intersection (as on 19, 20, 21, 22, 23 and 24). Odds against winning are 1 in 6.20. The payout is 5 to 1. This means you are paid 5 times your initial bet plus the initial bet.

Outside Bets

1 to 18: Bets on one of the first eighteen numbers. The payout is 1 to 1. This means you are paid 1 time your initial bet plus the initial bet.

19 to 36: Bets on one of the last eighteen numbers.

Red or Black: Bets on whether the color red or black will appear after the roulette wheel spins. The payout is 1 to 1. This means you are paid 1 time your initial bet plus the initial bet. The chip(s) must be placed on the corresponding square that appears on the roulette table layout.

Even or Odd: (or square): Bets on an even or odd number. The odds against winning are 1 in 2.05. The payout is 1 to 1. This means you are paid 1 time your initial bet plus the initial bet. The chip(s) must be placed on the corresponding square that appears on the roulette table layout.

Dozen Bets: Bets on the first dozen (1-12), second dozen (13-24), or third dozen (25-36). The odds against winning are 1 in 3.10. The payout is 2 to 1. Meaning you are paid 2 times your initial bet plus the initial bet. The chip(s) must be placed on the corresponding square (1st dozen, 2nd dozen or 3rd dozen).

Column Bets: Bets on all 12 numbers of any of the three vertical lines (such as 1, 4, 7 or 10 down to 34). The chip(s) must be placed on the space below the last number in the column. Odds against winning are 1 in 3.10. The payout is 2 to 1. This means you are paid 2 times your initial bet plus the initial bet.