The Best Bitcoin Casinos https://thebestbitcoincasinos.com The Best Bitcoin Casinos Fri, 25 Sep 2020 15:31:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.5 https://thebestbitcoincasinos.com/wp-content/uploads/2019/08/favicon.png The Best Bitcoin Casinos https://thebestbitcoincasinos.com 32 32 Top 20 Funniest Casino Memes https://thebestbitcoincasinos.com/funniest-casino-memes/ https://thebestbitcoincasinos.com/funniest-casino-memes/#respond Sat, 05 Sep 2020 14:26:35 +0000 https://thebestbitcoincasinos.com/?p=1343 Did you think that funny memes are only supposed to be about relationships, heartbreaks, awkward experiences? Well, you thought wrongly. Casino lovers once in a while put the humor of some of their gaming experiences in meme form, and if you’re a casino games lover, there’s no way you won’t dig the meaning of most of them.

In this article, we will be looking at the top 20 funniest casino memes every casino lover should know. I’m pretty sure you would love to share some of them with your friends who also love casino games. Let’s go straight ahead.

The Funniest Casino Memes

The following are some of the funniest memes on gambling that you’ll find on the internet.

1. The sudden prayer warriors

Funny casino meme

Have you ever just visited a live casino bearing the game in mind and trying to employ all your tactics only to see somebody with clamped hands like a praying mantis speaking earnestly to the Lord? You’ll wonder if they pray that hard for other issues that they probably have in their lives. The funniest part is that most of these people don’t even go to church. You’ll hear prayer points like “God, I will start paying my tithes if you let me win.” I’m pretty sure God’s response would be, “Sorry, dear, it’s more about your tactics.”

2. The greedy gambler

Greedy gambler

It’s quite funny how some people can sit at a slot machine for long hours, staking tiny amounts, and still have the nerve to ask for a comp. They probably should also request for a steak dinner, a full body massage, and a trip to any planet of their choice. Do you mind getting up and going home?

3. Just one more time

One more time meme

This meme is one that every gambler would easily relate with. We’ve all been there before. One minute you think you have $200, you decide to go just once more, maybe with some luck, you would cash out big time, but “Just one more time” doesn’t ever seem to end as long as you haven’t won. When you have lost all your money, you realize that you have played just one more time, almost 20 times.

4. The casino movie lover

21 and Casino Royale

Most people, especially those online that boast about their knowledge and experience in gambling, are simply people who have watched certain movies or TV shows about casinos and casino games. Ask them something different from what they’ve seen in the movies, and it would throw them off balance.

5. Social distancing in casinos

Meme on importance of online casino

Man needs fun and enjoyment in life, but man needs to be healthy and safe more than anything else in the world. This meme shows the importance of the online casino. During the coronavirus crisis, the most important of all the benefits is self-isolation and social distancing. We’re grateful that we had an online casino before the pandemic began. You don’t need to go anywhere, log in to the casino’s website, and get rolling.

6. Casino dealers

Casino dealer memes

Casino dealers would have had this experience at least once in the gambling experience. You’re trying to sell yourself, but the man you’re selling yourself to already sold you on his low stakes story.

7. Gambling to stop gambling

To me, this meme is one of the funniest gambling memes on the internet in recent times. This meme shows a man with a gambling addiction claiming that he’d place a bet (gambling) to stop gambling. If only it were that simple. The thoughts of winning more and probably hitting the jackpot would make you always want to try again.

8. Bingo discovery

It looks like someone’s grandma is still living in the 60s. Of course, you can play bingo online, and other exciting games like Baccarat, Blackjack, and many more. It would shock you to know that others like this granny still don’t know that they can just play their favorite games on a website. I think it’s all due to a lack of information.

9. Mallard advice

Mallard casino meme

Okay, let’s drift a little bit. This meme may not wholly be a joke. This meme shows excellent advice. Gambling isn’t an investment, and even if it were, it still isn’t advisable to gamble with an amount you know would put you in debt. Gamble with money you can afford, but most importantly, bet with your own money. This is more than just a funny meme. It could save you from hot tears.

10. The winning effect

Funny gambling memes

Committed players don’t care, or should I say that they forget about how much they have lost when they finally win. What matters at that point is the amount that they have won, no matter how little it is. It brings hope and joy.

11. The pathetic loser/beginner

Funny gambling meme

After losing a fair amount of money at a slot machine, this man wants to get his money back. He’s either a beginner in gambling, or just used his wife’s savings and cannot bear being sent out of the house.

Talking about slot machines, did you know you could play some of the most popular slot games at a Bitcoin casino? Have you ever heard of any Bitcoin casino? If not, why don’t you just give it a try? Check out a review of Bitcoin casinos. If, however, you already know about casinos, I’d advise that you check one of the best out there in this Betcoin review.

12. The over-confident gambler

Funniest gambling memes

They say that pride goes before a fall, but this is one gamble meme that’s a bit motivating. The problem with some gamblers is that they either don’t go with a winner’s mindset, or they simply think everything about the casino is about luck. However, don’t be overconfident or brag too much; you could end up in an unhappy situation.

13. The Go Fish cat

The Go Fish cat gambling meme

This meme is hilarious when you think about the funny names that we hear from some games. This cat is shocked to find out that there’s nothing related to fishes in the Go Fish game. Another funny name that left me with laughs is the Pirate Booty slots. Wait. What? There are also other pirate-related games like Pirate Gold, where you can easily win jackpots. If you don’t know how to play, you can just check out how to play Pirate Gold. Bspin is another fantastic Bitcoin casino you’ll find online. Trust me; you can play slot games here till momma calls.

14. The card dealer

Dealer gambling meme

This meme is one of my favorite casino memes of all time. If you’re a card game lover, you’d have had this experience a lot. You think you’re in the vantage point; then boom, you’ve lost it.

15. Try the ATM

Try-the-ATM gambling meme

Do you think you have been unlucky with cashing out at a casino? Maybe you should visit the nearest ATM gallery. You don’t need any gambling knowledge to cash out there. This meme is an excellent example for people who have their money stacked up in their gambling accounts and keep playing. They just have the idea that the money could rise higher than that, and that’s when they’ll cash it out. It’s not always the case, is it?

16. Covid-19 gambling meme

Covid-19 gambling meme

This meme takes a straight shot at both the low stakes poker and the coronavirus crisis that hit the world. If you’re coming to play a poker game, come bearing money and guts or stay at home and self-isolate. Yes, gambling is for entertainment and fun, but the lower your stakes at a poker game, the lower your gains. God bless you if the casino also has a house edge.

17. Online vs. Land casinos

Gambling meme

The coronavirus pandemic couldn’t ruin the gambling world. The moment it sent us out of the land, we went online. You’ll find a lot of online casinos doing strong marketing during the pandemic. If you’re choosing one, make sure that you have read reviews about it. The pandemic was a colossal problem for gamblers when it started. Well, we sure showed it that no problem could stop us from gambling.

18. The gambling Granny

Gambling meme

They say age shouldn’t stop you from living your best life. This meme speaks volumes. We see an old lady sitting at a slot machine with her cigarette held up to her mouth. She probably doesn’t care if the house is on fire at the moment. Casino memes don’t get funnier than the ones that talk about gambling addiction. Let’s take a look at the next one.

19. It’s not bad luck; it’s a terrible play

No luck in gambling

You’re not going to blame poor old luck for your inability to understand the games, are you? You can’t play poker entirely with chance; you can’t win at a blackjack slot relying solely on luck, you must know the trends. This is a 2-in-1 meme, and the inside meme talks about addiction. If you’re betting to stop betting, you probably should also hope to stop hoping.

20. The casino job

Memes on gambling

Memes like this always crack me up. Everyone thinks you’re at the casino actually to play games, but what you go there to do is enjoy the music, have some fun and live recklessly.

Conclusion

I love memes not just because they make me laugh but because they reveal some truths that we may not want to tell ourselves. If you have scrolled through all the memes here, you’d know that they all show something about gambling. Blending sarcasm with images to form memes isn’t that easy. We appreciate every meme author out there for continually making memes that help us laugh and blow off the steam. If you don’t find any of these memes funny, you’re probably not in the right feelings yet, or you don’t share our perspectives. You can come back and check them out.

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What is The Largest Casino in The United States?  https://thebestbitcoincasinos.com/largest-casino-in-the-united-states/ https://thebestbitcoincasinos.com/largest-casino-in-the-united-states/#respond Mon, 24 Aug 2020 09:19:26 +0000 https://thebestbitcoincasinos.com/?p=1359 Even though online casinos are the new cool, physical casinos set the pace for them. Las Vegas is known to be the hub of casinos and gaming, not so far-fetched. The States serves as home to the biggest casino in world gaming. Boasting hundreds of thousands of square feet playing areas, surprising segments and sections, the largest resorts, most significant entertainment areas, and elite customer treatment, these Betcoin casinos have separated the boys from the men. They are home to many awesome casino games where you can learn how to play wild inferno. 

What are the Largest Casinos in the United States?

Winstar World Casino

The Winstar world casino is the biggest casino in the United States and, in fact, the biggest casino in the world. This casino is an unmatched gaming space and a luxurious resort. Winstar world casinos are located in Thackerville, Oklahoma. It covers about 400,000 square feet. It was built in 2003 and had since set the pace as the world’s biggest casino world ever. Are you surprised that the first largest casinos are not in vegas? Well, up to twice the size of the MGM Grand, Winstar is rightfully at the forefront of the largest casinos in the world.

Winstar casino gaming space is home to over 8,500 games and wild inferno slots machines. It also has over 100 table games and over 55 dedicated tables for poker games. A popular feature of this casino is the four gaming plazas. The gaming plazas are set according to moods and themed to meet the aura of New York, Paris, Beijing, and Rio de Janeiro. Other side attractions are the resort of over 1400 rooms, two 18-hole golf courses, and a 3500-seater global event center that hosts international shows.

The Mohegan Sun

The Mohegan Sun was built in 1996 and is the second-biggest casino in the United States and one of the world’s biggest casinos. This casino is located in Uncasville, Connecticut, and covers over 365,000 square feet. The Mohegan Sun is owned by the Mohegan tribe and comprises 2 of the largest casinos under one roof. Named the ‘Casino of the Earth’ and the ‘Casino of the sky’ respectively, they provide an authentic gaming experience with the best service.

This casino has over 6,500 slot machines as well as over 370 table games. The Mohegan sun is the home of the WNBA’s Connecticut Sun and the National Lacrosse League’s New England Black Wolves. As its fondly called, ‘The Sun’ has a helipad service that offers helicopter transport to and from Manhattan. The Sun’s ambiance, large casinos, and gaming space give it the rightful place as one of the world’s largest casinos.

Foxwoods Resort Casino

Foxwoods resort casino is a tribe owned casino setup in 1992. It is located in Mashantucket, Connecticut, and covers about 344,000 square feet. With a vast landmass and extensive gaming and non-gaming areas, Foxwoods casino is the number one largest casinos in North America and the 3rd largest casino world. Foxwoods boasts of over 5,500 slot machines and over 280 table games. We can see that fair and square, 2 of the world’s biggest casinos, are in Connecticut.

One of the outstanding features of Foxwoods is that it has a 114-table poker room, which is the third-biggest casino poker room in the world. Foxwoods Resort, which has 2,266 rooms, is the biggest casino resort (larger than Winstar’s) and 4th largest outside Las Vegas. The Foxwoods complex, which accommodates over 80 luxury brand outlets, is the biggest casino complex.

Thunder Valley Resort Casino

Thunder Valley was opened in 2003 to match the ‘Las Vegas’ casino feel. It is located in Lincoln, California, and covers about 250,000 square feet. By gaming space, it is the 4th largest casinos in the US. Thunder Valley is also the biggest Indian owned casino in the world, owned by the Auburn Indian Community.

Thunder valley resort has 3,400 games or slot machines and 125 table games (poker tables inclusive). Common to the US’s biggest casinos, it has an 18-hole golf course that is used for occasions and tournaments yearly. It was renovated and expanded in 2010 with a luxury hotel and spa for its visitors and gamers.

Seminole Hard Rock Casino

Seminole hard rock casino is located in Tampa, Florida. It is the biggest casino in Florida and the 5th of the biggest casinos in the US. The Seminole is named after and run by the Seminole Tribe of Florida. It covers about 245,000 square feet and houses 5,000 slot machines, 179 table games, and 46 poker tables. Seminole is genuinely one of the biggest casinos in the US.

Created in 2004, the central theme of this casino is music. Lyrics are seen on the walls, and music videos are played continuously on the screens, including an impressive waterfall. There is provision for high spenders in this casino with a 13,000 square foot gaming space dedicated to $1,000 per pull slot machine. Smoking is allowed in Seminole casinos. However, there are smoke-free 26,000 square foot space with its tables and high limit slot machines.

San Manuel Indian Bingo And Casino

San Manuel was built in 1986 and is located in Highland, California. It covers about 222,000 square feet of land and is the 6th biggest casino in the US. San Manuel is also the 2nd largest Indian owned casino in the US. San Manuel Casino has over 4900 games or slot machines and over 100 table games. San Manuel stands rightfully as one of the largest casinos in the world.

San Manuel is the casino with the most available slots to play in the world. It boasts of over 600 different slots in its casinos. It features a Lotus 8 Palace that has native Asian table games and slots, including games like baccarat and Pai gow. San Manuel does not have a resort or hotel like the other large casinos in its league. Instead, it has over 11 restaurants, including one set up by the famous Mexican comic, George Lopez.

Riverwind Casino

Located in Norman, Oklahoma, Riverwind casino is the 7th of the United States’ biggest casinos. It was built in 2006 and only lay five miles away from the prestigious University of Oklahoma. Riverwind covers 219,000 square feet of land and contains 2,700 slot machines, 30 table games, and 17 poker tables.

Riverwind casinos, unlike the biggest casinos, have only just 100 rooms for lodging. However, it has a sizeable off-track betting site, which is very accessible and available for use five days weekly. Riverwind earns a spot on the largest casinos list due to its extensive gaming area and exceptional service.

Choctaw Resort Casino

The Choctaw casino sits pretty as the 8th biggest casinos in the world. With a landmass of about 218,000 square feet, it has one of the largest gaming spaces of casinos worldwide. The Choctaw was built in 2006, and it has 4,300 gaming/slot machines. The number of game tables is unknown, but classic games hosted include poker, craps, roulette, baccarat, and blackjack.

This casino and resort area is located in Durant, Oklahoma. Side attractions include a world-class movie cinema and ever bubbly 20-lane bowling alley. Choctaw is also home to a separate 26-table poker room, the famous World Poker Tour’s annual venue. Choctaw receives over 300,000 guests yearly, with over 70% from Texas, as it is just a 90-minute drive away. Locals often regard Choctaw as the biggest casinos in the Texas-Oklahoma area.

Frequently Asked Questions

What Is The Biggest Casino in The United States?

The biggest casino in the United States is the Winstar World Casino.

What is The Largest Casino in The World?

The largest casino in the world is the Winstar World Casino and resort.

What is The Largest Indian Casino in The United States?

The largest Indian casino in the United States is the Foxwood Resorts Casino.

What is The Largest Casino in North America?

The largest casino in North America is Foxwood Resorts Casino.

Conclusion

Winning big is what world casino is all about. Hundreds of thousands of people win multiple millions of dollars yearly, and the industry is worth over 40 billion dollars. Modern-day casinos are making maximal use of the internet. With responsive, accessible, and easy to navigate websites, we now have online casinos. Most of these casinos accept money in dollars, but the best online casinos are Bitcoin casinos.

Using Bitcoins and other cryptocurrencies to play and win online is made easy with these online casinos. Various games and slots are available to you virtually from your home; thus, bringing Las Vegas directly to you. All the games come with instructions on how to play, and when you win, you get paid in Bitcoins. Jackpots can be won on these Bitcoin slots also and regardless of how much you win, you get contacted and paid instantly!

Online casinos are the future of casinos. They have the prospects and ability to become the largest casinos in the United States and the world. Constant developments of digital products for the internet and proper regulation of gambling and online casinos are already made in that direction. Want to know what happens when you win a jackpot at a casino? Sign up on one of these sites and start playing today!

 

 

 

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What Happens When You Win a Jackpot at a Casino? https://thebestbitcoincasinos.com/what-happens-when-you-win-a-jackpot-at-a-casino/ https://thebestbitcoincasinos.com/what-happens-when-you-win-a-jackpot-at-a-casino/#respond Tue, 18 Aug 2020 07:03:22 +0000 https://thebestbitcoincasinos.com/?p=1335 Several things happen when you win a jackpot at a casino. Every player’s dream is winning a jackpot, regardless of if it is an online or physical one. Nothing comes close to slotting in some money into slot machines, matching the symbols, and winning. However, before you jump for joy, ask yourself if you know what occurs when you hit a jackpot. How do you think it goes? Do you receive your winnings directly into your bank account? Are you handed the lump sum of cash directly?

What happens when you win a progressive jackpot at a casino

Please do not bother yourself by overthinking it, we’ve got you covered. Here’s precisely what you should expect after winning a big jackpot at most casinos;

A Casino Worker Will Locate You

After the initial frenzy and so many congratulations from different people, a worker at the casino will verify your winnings. You don’t have to look out for them; as a signal is sent over to them immediately, you win any progressive jackpot. The casino will ask for a means of identification, and of course, it needs to be a valid government-issued ID.

If you’re unable to provide a valid ID, the casino will hold on to your money for you until you’re able to provide one. However, this shouldn’t bother you because casinos are legally not allowed to spend your winnings. So, regardless of how long it might take you to get a valid government-issued ID, you can come back for your cash.

In addition to asking for a valid ID, the casino attendant will also check to see that the slot machine is working correctly. You might think this shouldn’t affect your earnings; however, the reverse is the case. If a player wins, as a result of faulty slot machines, then he/she isn’t entitled to the money. To avoid this, many slot machines usually have a disclaimer saying, “Malfunctions void all pays and plays.”

That way, players do not lose a lump-sum of cash. You can learn how to play Baccarat, one of the best card games to hit the jackpot.

Fill Out a Tax Form

The very next step to claiming your winnings is filling out a tax form. Although this step might seem strange, legally, if you win over $1,200, the IRS will get a share in taxes. Every casino will present you with a W-2G form, an IRS document designed for certain gambling winnings (cash over $1,200).

Fortunately, if you frequent the slot machine, check the records of your wins and losses, and then deduct the money you lost while chasing that jackpot.

You Get Paid Differently Based on the Sum of Your Jackpot

Once the casino attendant is sure your slot machine isn’t faulty and can verify your government ID is legit, you can get paid. Except, the process of getting paid isn’t as straightforward as you may think;

Less Than $5,000

If you win less than $5,000, you might likely get paid in cash. Most casinos prefer to hand players their money in stock, increasing the chances of a player’s continuous patronage. In this case, you will be escorted to your vehicle by some security personnel, until you’re off the casino premises.

Over $5,000

If you win a Bitcoin Baccarat jackpot of over $5,000, you will probably receive a check. Plus, there might be an extra record check to make sure you’re not on any exclusion list. In the advent that you are, you won’t get your money.

A Million Dollars

If you achieve a big jackpot of a million dollars on a Baccarat game, you won’t get your payment completely. Scary? It might be, but most casinos will offer you a chance to take it all via an annual fixed sum. This option is much more advisable, as it reduces the bill on your taxes and helps with proper money management.

Fortunately, you can seek advice from a professional before making your final decision. A lot of casinos give you 90 days to come up with a final decision. Enough time to get it right!

Essentially, the payouts for each win is dependent on the amount of money and the casino in question. While getting paid for a few hundreds of dollars can happen within minutes and hours, more enormous sums can take days and might run into weeks. Nevertheless, you’ll get paid.

How Does a Casino Payout a Jackpot?

The way a casino payout a jackpot is usually dependent on how big your winnings are. Like the Betcoin casino review, if your winnings fall within <$25,000, you can choose to take your money in cash or check. However, if it is significantly more substantial, you can get via lump sum disbursement or annuity’ this is depending on the location of the casino and games played.

Lump-Sum Disbursement: This process entails paying one-twentieth of a considerable amount to encourage a player to continue gambling.

Annuity: This process is one of the safest ways to accrue more interest and manage your money with ease. You get to pick out a sum to be paid yearly until your entire amount is complete.

It’s important to note the state laws when it comes to taxes on winnings. Generally, some machine games like poker tournaments, horse races, lottery, and slot machine games are taxable at the state level. Also, the IRS taxes certain games, so it is necessary to pay close attention to the laws and list of Bitcoin casinos to play these games.

What Happens When You Win the Jackpot at a Casino?

When you win a jackpot at a casino for the first time, you have to be ready for the following steps;

  • A casino attendant reaches out to you and make sure your slot machine isn’t faulty. Also, he/she asks for a valid government-issued ID and checks to ensure you haven’t done time for a crime related to gambling.
  • If your slot machine is faulty, then all wins will be discarded.
  • After this, you need to file a tax form. If you earn a sum within $1-$1,199, you can get paid in cash or by check. If your winnings fall within $1,200-$4.999., then you enter the tax threshold. If you earn as much as $5,000, you will have to pay 40% in income taxes.

If you fall within this category, you will receive payment via a lifetime payout (annual installments) or a lump-sum payment (payment upfront). If you earn a big payout, you receive 90 days to decide on one of those options.

Do Casinos Kick You Out For Winning Too Much?

Casinos can kick you out for “winning too much,” but they most likely wouldn’t. The thing with winning big payouts a lot is that it is a tricky situation for the casino. So, they will let you keep playing for these reasons;

  • They want your luck to run out as you use the machine.
  • The casino attendant wishes to watch closely and gather enough evidence and catch you if you’re cheating.
  • If they believe you’re card counting, they implore pressure tactics and force you to play a different game.

If none of these scenarios are unlikely, then you might be asked to leave.

Do Casinos Care If You Win?

Yes, casinos do care if you win, and if you’re wondering if casinos track your winnings, then the answer is still a yes. Basically, most casinos track your winnings if you have a card and are able to tell how much you lost on the next tax return.

If a casino staff is confident you aren’t cheating, you will be taken forward, depending on your earnings threshold.

If you earn as much as $10,000, you are entitled to food, drinks, and an exclusive suite. Earning as much as $50,000 will probably give you multiple nights at the suite. Essentially, a casino’s attendant will try to keep you around to help you either earn or lose eventually.

Conclusion

In conclusion, hitting a jackpot machine is exhilarating and probably among the best feelings in the world. Although every casino may have a different procedure of paying their winners, the processes above will be a part of it. Ultimately, unless your slot machine was faulty, you will receive your money, regardless of how long it will take.

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Do Casinos Track Your Winnings? https://thebestbitcoincasinos.com/do-casinos-track-your-winnings/ https://thebestbitcoincasinos.com/do-casinos-track-your-winnings/#respond Sat, 15 Aug 2020 08:03:24 +0000 https://thebestbitcoincasinos.com/?p=1339 Do casinos track your winnings? Yes, they do. Does it strike you when it’s your lucky day, and you’re winning big? Well, some of them can know every single move on the casino premises. While every player on a streak may think that the casino is after them, it may not be the case. The casino has its reasons to track your winnings. After all, there are casino secrets, which they don’t want you to know and get much out of them.

How Casinos Track Winnings and Losses

Casinos have multiple ways to track winnings and losses. One of the easiest ways is through video surveillance, where cameras are equipped with advanced face recognition and artificial intelligence technology. The casino area is already under full supervision to mitigate security risks and avoid any unforeseen circumstances. The same surveillance system can be used to identify and subsequently monitor who enters and exits.

A second way to follow up on winning and losses is through digitally-enabled chips that can be tracked even if the players move across tables. Originally this technology was used to disable any chips that were stolen from them. Whether you’re betting with bitcoins or you end up with a jackpot.

Another alternative is to use the players card method. When a players card is inserted into a gambling machine, the casino system triggers itself and lets the casino know player movements including the frequency of betting, winning, and losing amounts as well as game preferences. They can analyze your gambling habits and predict your algorithm behavior based on the player’s card technology.

How To Track Winnings and Losses in Baccarat

Baccarat Card Game

If you are playing a Baccarat game, casinos resort to different mechanisms to monitor down your card movement because baccarat has a low house edge. Therefore casinos fear losing money to high rollers playing baccarat. In an attempt to monitor their progress, a casino often sets them in private rooms already an already dealt card deck with video surveillance and specialized staffers. Similarly, when you play Bitcoin Baccarat online, different bitcoin casinos monitor your gameplay and card selection online.

How To Avoid Tracking In Baccarat

If you know how to play Baccarat, you are probably aware of a few baccarat strategies. The dealer can easily predict your next possible bet, which can either be a player or a banker bet. But you can easily intimidate the dealer by raising your wager. As much as they like to make money out of baccarat, they equally fear losing more money from the game itself. When the tracking system won`t be able to predict your next move, they’ll probably start watching someone else.

How To Track Winnings and Losses In Bitcoin Casinos

Bitcoin Casino Payment Gateways

list of Bitcoin casinos reveals that they monitor all digital transactions performed by the players to check for casino revenues. Like all other online market places, a bitcoin casino asks you to make an account and provide them with relevant credentials. Once you give them digital access, they monitor your movement, identify your preferences, and then come up with exclusive offers.

Check out this Betcoin casino review that explains how it attracts players and offers them exclusive pathways to a VIP club.

Why They Keep Tracks of Winnings and Losses?

They track winnings and losses to spot potential players, who can generate the most income for them in terms of gambling wins. By identifying such players, casinos can always offer them various incentives in terms of exclusive offers, discounts, meals, and whatever works to make them keep playing. Remember, everything that you see is to keep you within the premises as long as possible.

Casinos keep a lookout for players:

  • Who is betting in high stakes to target them as a potential business shortly?
  • Who is going ‘hot,’ they would want them to stay longer so they can try to win some money back from the player.
  • Who is a high profile like property investors and business tycoons?

While tracking winnings and losses, they do not restrict themselves to particular games such as a slot machine or a card game.

How Much Does The Average Person Lose In A Casino?

An average person loses between $500 to $800 in a casino. It is following the calculation made for the United States in 2018. Contrary to the famous saying that the house gets all the money in the end, you can make a lot of money, especially if you enter and exit at the right time. The house doesn’t want you to get it all because it lowers its revenue.

What Happens When You Win Big At A Casino?

Hitting A Jackpot

Several things happen when you win big at a casino. Winning big is every gambler’s dream. Now to earn big does not necessarily entail winning a free jackpot. It can be other hands or a substantial slot machine win. Here is what happens when you win a jackpot:

  • They ask you to fill out a tax form. You are not getting all that money without paying much to the government. You are invited to fill specific IRS forms designated for certain winnings. To avoid the bureaucracy taking over, you need to keep a record of your play, respective winnings, losses, and your expenditure until winning a jackpot. Read these casino secrets.
  • Since they will be watching you, they will immediately send someone to greet you, verify your credentials, and stop you from playing temporarily.
  • A check of your winnings issued if it’s higher than the cashable amount.
  • They might watch you if you continue to gamble even after winning big.
  • They will make you wait. For instance, after winning, staffers will not only verify your credentials; they will check the slot machine you were playing on. They will time your presence and fulfill a detailed list of protocols by the state.

Even after winning big, there are chances that you don’t get much instead of taxes and rights reserved or worse, a machine malfunction.

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