Ever wondered when the first online payment took place?
In 1994, The Stanford Federal Credit Union first offered its clients an online payment system. And, interestingly enough, like Bitcoin, the first purchase was made to buy pizza.
I don’t know about you but for me, my first virtual payment was petrifying.
Thankfully things have changed dramatically since then and today, we not only buy almost everything online, but we’ve also adapted to the idea of cryptocurrencies, the blockchain, wallets, exchanges, and everything in between.
We even gamble with cryptocurrency online thanks to crypto casinos popping up left, right, and center.
And, when this happens, it’s almost always certain that some swindlers will see it as the perfect opportunity to scam people.
Today I’ll discuss the telltale signs and the red flags that you should look out for before you even dream of making a deposit at a crypto casino.
1. No License
The biggest red flag is that you should never ignore a casino license. It blows my mind that some casinos believe it is perfectly acceptable to operate without this important piece of paper because it means that they are not regulated.
And, you can’t help to ask yourself, why not?
There are so many crypto casinos that have obtained a license from a respected jurisdiction and that have undergone an audit from an independent testing agency.
The number one goal behind this is to ensure that payouts and gameplay are fair and that your personal data is safe at all times, and if this is not guaranteed, why would you even consider signing up? Let alone giving them your hard-earned money.
I don’t see this often but if I do need to think off the top of my head, one lisenceless casino I know of is BitcoinCasino.us, which we’ve definitely not added to our list of recommendations.
The bottom line is, if there is no casino license, briskly move along.
2. No Customer Support
Some casinos will roll out the red carpet for you while at other casinos you’ll be lucky if they toss a few crumbs at you. Very sad, but very true!
I simply despise poor customer support and if there is no support at all, I tend to run for the hills. And, I don’t think this is reasonable because we expect this is all sectors.
If you get fantastic service from a company, you tend to stick around, that’s just how it is and that’s how I generally pick a crypto casino.
I know I’m going to sound like an old record now, but I need to mention Bitstarz as an example of a casino with exquisite customer service.
And, this is not only my personal opinion, they’ve won multiple awards confirming my appreciation. They go out of their way to make you feel valued by treating you with respect and this doesn’t only count for VIP players, you’ll encounter immaculate service from the day you sign up.
3. Far Fetched Bonuses
We’ve all gotten caught up in casino bonuses and rewards, focusing more on the bonus amount than the nitty gritty’s behind it. Don’t fall for it so easily.
If something is too good to be true, it usually is and if a casino touts that you can get up to 20 BTC + 5000 Free Spins, for example, it’s sure to be fishy.
There are however reputable crypto casinos with stellar reputations that offer you bonuses that might seem unbelievable, like mBit’s 9 BTC bonus + 300 Free Spins and I’m not saying that you shouldn’t go for lucrative bonuses entirely, just make sure that the casino ticks all the boxes I’m mentioning in this article.
4. Crummy or No Reviews
The world has become a melting pot of opinions which is fantastic. It’s becoming increasingly harder for companies or casinos to hide bad products or services and that is exactly how it should be.
What do we do if we’re not sure about anything? We google it, and when you do this you’ll quickly discover whether a casino has a good or bad reputation or no reputation at all.
I really like it when casinos have a decent presence on social media and I really appreciate a community chat, like the one BC.Game has. It shows transparency because players say exactly how they feel about anything and it also gives you the idea that the casino welcomes player feedback.
5. Hazy or Missing Info
If you can’t easily find relevant information on the casino site directly, it is a massive red flag because transparency is the cornerstone of every licensed casino.
Things such as RTP, T&C’s, withdrawal restrictions, minimum deposit, and wagering requirements should be clear and easily accessible and if the casino is using vague language or if they are deliberately dodging to state common information, run for your money.
If they have nothing to hide and if they run an operation where everything is above board, why would they hide information from you?
A casino that I found incredibly translucent is Rocketpot Casino. Everything you can possibly question is a simple click away and all information is displayed in a way that is easy to understand.
It is more important than you think to first make sure that a crypto casino ticks all of the boxes that I’ve discussed today and never to be compulsive when it comes to throwing your money at a casino.
There are really good ones out there but sadly there are awful ones too and there’s no need to fall into their trap. If you find any of these red flags at a crypto casino, the writing is on the wall and it would be in your best interest to move along to a casino that values you as a player.
Safe gaming ladies and gents, till next week.