mBit: Bitcoin Casino
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If you’re reading this and you’re a gambling newbie, let me remind you of a statement you must have heard before: “the house always wins”. What does this mean? Well, to put it simply, if anyone visits a casino and ended up taking profits back home, the individual should know that the casino never lost regardless of the individual’s winnings. Hence, the casino has made profits off of other people. Need I remind you that this is the 21st century where everything is going online, including casinos.
Which brings us to this article about an online gaming site called “mBit casino”. Below is our review on the mBit casino online gaming site. We have done various researches to collect all the information we are disseminating. It is very important to note and remember that the purpose of this article is neither to encourage nor recommend anyone to gamble.
What is mBit?
Of one of the many online casinos out there is the mBit casino. mBit casino is an online casino that allows its users to only deposit and withdraw funds through the use of Cryptocurrencies like Bitcoin, Bitcoin cash, Ethereum, Litecoin, and Dogecoin. mBit does not accept Fiat currencies like the UK pounds, the US Dollars etc. mBit casino was established in 2014.
It is regarded as one of the top Bitcoin Casinos online. Like the Bitstarz casino, it is operating in Curacao. Also, the casino is owned by Direx N.V casinos and is fully licensed by the Curacao Gaming Commission. The English, Japanese and the Korean languages are supported by the website. The website is open to players from all around the world except players from the United States of America, the United Kingdom, Spain, Israel, and France. Lots of games are available on the site to choose from which offers users addictive gaming experiences.
How does mBit work?
mBit currently makes use of the Softswiss online gaming platform. But before then, mbit was making use of software by coingaming. The graphics user interface is eye-catching and easy to use, the buttons and icons are well defined. It should be noted that there’s no free play mode, unlike some other online casinos. Just like any online network, you need to create an account with mBit casino to be able to start betting.
And of course, to open an account, you need a valid active email address. Also, to be able to bet on mbit online casino, if you don’t already have one, a Bitcoin wallet needs to be created. Your bitcoin is stored in your bitcoin wallet which you use to fund your account. It is important to know that the minimum deposit amount is 2mBTC. In less than 20 minutes, the money will be credited to your account.
You get a bonus on your first deposit in your mbit casino account. You can start choosing from the many available games on the website. There are tournaments organized by the mbit casino network, at the tournament end, players who end up with the highest scores could win one of mbit bonuses. mBit also offers real-time live casino gaming. Real-time live sports betting are also available on mbit.
mBit mobile/tablet support
While mBit online casino offers mobile support; it can be accessed from an android, tablet or an iPhone, mBit online casino does not have a dedicated mobile application. The mobile app is nice and easy to use. It is fully optimized to be mobile friendly; you wouldn’t have the problem of needing to zoom or being unable to.
mBit offers a whole lot of games with fancy designs available for players to enjoy. Various gambling games are featured on the website. They include the mBit bitcoin games, roulette, blackjack, keno, table games etc. Also, mBit casino offers a live casino game whereby players can bet with other real-life players at real time. There are about 600 casino games offered in total with over 200 slots game among. Unfortunately, there are no poker games anymore on the website. Example of games available on mBit;
This is a 5 reel game with 3 rows and about 30 paylines, that features a wild, stacked wilds, free spin, and perma 2-way pay symbol.
The game allows you to add your desired amount of pay lines from 1-30. This in turn usually affects the potential winning on each game you are entering and of course, the betting amount is also a determinate. Once you hit the spin button, you wait patiently until the spin us over, and then if all symbols on a Pay line match, you win.
This is a unique type of game in the sense that instead of a straight horizontal winning payline. The game features a different scattered paylines. The symbols on the lines include a wild, rune, red head beauty, and a cross axe. There is also a bonus game, whereby you get to guess which of the three ships will appear first. The game can also be played on a mobile phone.
This is a slot game with 5 reeks and 4 rows, featuring 40 payline. To win you need to combine symbols in an adjacent pattern on the enabled paylines, except in the case of a scattered symbol. Winnings are determined upon similar combination from left to right. For a scattered symbol, payments occur at any elected position on the screen.
Head and tails
This is quite similar to the normal head and tails table game that is quite common. Here you are allowed to select a coin side of your choice, either the head or tail. After selection, the system flips the coin for you and if the result matches the side you have chosen, you win, if otherwise, you lose.
This particular table game allows you to select how many hands you want to play from 1, 5 or 10 hands. Upon selection of your number of hands, you get to determine if you want to auto play the game or not. Just like a traditional table poker game, you drag your mouse to select which card you would want to hold for a particular hand and once you win, the winning signal on the payline will give a flash. Thereby indicating the hand which won and the amount of coin being won.
The fact that the mbit online casino is certified and licensed by the Curacao Gaming commission should be enough to put anyone’s mind at ease. Of the first jurisdictions to license online gaming platforms is the Curacao Gaming commission. They’ve been at it for over 20 years. Lots of requirements are needed to be fulfilled by the gaming platform in order to be regulated and licensed by the Curacao Gaming commission. Since mbit casino is licensed, it must have fulfilled the requests requirements.
There is no guarantee that the games are fair since there is no probability fair system. But since the games are being licensed by the Curacao Gaming Commission, there is a high chance that the games are fair. Unlike some other online casino websites, you cannot play any games on mbit casino without creating an account and putting a deposit in your account. The game is run on secure servers so you need not be scared of what happens when your game freezes, you just continue from the point you stopped, and winnings are still paid even if your game freezes.
What currencies does mBit accept?
As mbit online casino is a crypto only online casino, mbit does not accept Fiat currencies. mBit accepts Bitcoin, Ethereum, litecoin, dogecoin and bitcoin cash. You might have seen somewhere that mbit accepts Euros, well yes, but deposits and withdrawals from the Euro account make use of Bitcoins.
There are anonymous transfers on the mbit online casino website which is really fast. It doesn’t take time, it’s one of the reasons mbit is highly rated in the online casino world. Since deposits are majorly in bitcoins, you use your cryptocurrency wallet to fund your account. From your bitcoin wallet, you fund your account and your account gets credited within minutes.
Withdrawals from your mbit online casino accounts are basically through the same process as depositing. It is a straightforward process. You simply go to your dashboard to effect a withdrawal request to your bitcoin address.
The minimum amount allowed to be deposited is 2mBTC (0.002 BTC), there is no maximum amount allowed to be deposited currently, though are working on it. The maximum amount that can be paid out is 50mBTC. mBit can decide not to pay the total amount at once should in case a player wins 25BTC and above. The winnings might be paid for 10 months at 10% per month.
mBit bonuses and promotions
mBit online casino offers lots of bonuses to encourage gambling newbies and existing members. The mBit bonuses include:
First deposit bonus
After you make your first deposit into a new account on mbit online casino, you get a 200% bonus immediately. The mbit bonus code is “BBC200”.
Second deposit bonus
Did you squander your first deposit and mbit bonus? There’s hope, just do a second deposit and get a 50% bonus immediately.
Third deposit bonus
Yes, there’s more, receive a 25% mbit bonus on your third deposit into your mbit online casino account.
Power up Monday
You get 50% bonus on deposits made on Mondays.
Cash back Thursday
You get 20% cashback on your losses, if you lose at least 0.1mBTC every thursday.
Get 50% bonus on deposits of up to 200mBTC made on Fridays.
If you make a minimum deposit of 50mBTC, you receive free spins for boomanji and fruit Zen.
How to use mBit?
To start with, it is impossible to play the games without registering and depositing into your account on the mBit online casino platform. Also, you don’t get free spins until you fund your account. Upon withdrawals, mbit reserves the right to request for additional information and verification upon withdrawals larger than 1 BTC. The frequency at which you play bitcoin games determines how much VIP loyalty points (VLPs) you garner. The more you have, the higher your ranking and bonus on the mbit online casino website. There are four levels namely:
- Silver: you need 100 VLPs, you get a reward of 25% deposit bonus and 25 free spins
- Gold level: you need 1000 VLPs, you get a reward of 50% bonus on deposits and 50 free spins
- Diamond: you need 5000 VLPs, you get a reward of 50% deposit bonus with 75 spins
- Black: thus is the highest level, you need to gather 25000 VLPs, you get a reward of 100% deposit up to 1BTC
Opening an account
- Open an account so long as you have an active email address.
- Boldly written at the right side of the home page is a “create account” button.
- Hit it and follow the instructions. It is fairly easy to do.
- Funds are deposited using your cryptocurrency wallet.
- Provide receivers I.D.
- Select the amount you wish to deposit.
- Click deposit.
Funds are also withdrawn the same way it was deposited, via your cryptocurrency wallet.
- Provide bitcoin address.
- Select amount you would like to withdraw.
- Click withdraw.
Is mBit safe?
If you read the article up till this point, you probably already know that the mBit online casino does not use the provability fair system which would make prospective players cast doubts over the authenticity of the games. While there is no guarantee on the fairness of the game, there is a guarantee that this betting platform is licensed. So we say it is safe to an extent. There is no record of a major mBit scam so far. Besides, you should only gamble with money you can afford to lose.
- Community trust – mBit has not been operational for very long but are a leading online casino betting platform. Also, based on what people write, the betting platform is fairly trustworthy.
- Security encryption – mBit online casino uses SSL encryption technology to prevent hackers and safeguard member’s money and information.
- Customer support – mBit has a very good customer service handler. They can be reached via email or direct chat.
- Handling speed – it is a cryptocurrency only casino website, so the speed of transfer during deposits and withdrawals is very high.
In a Nutshell
mBit online casino with its user friendly interface is a good website with lots of games available to members. The games are good for both newbies and high rollers. The lack of a probability fair system is the only blemish on what is an almost perfect online casino. Only people who are interested in gambling should use it. Also, their lack of a FAQ section is something to worry about. But since they’re improving by the day, we should see one sooner rather than later.
Thank you for reading and always remember to check our site for more informative posts like this.