Hey guys

It’s time to announce the winner!
The Bitcoin price on September 3 @ 12:00 GMT was €9516.11. So congratulations, Harkorede, you just won 0.015 BTC.

Cheers,
Karl
Bitcasino.io

Hi guys

Today I want to tell you about the live casino. Let's make it crystal clear what is it all about.

How does it work?

The cards the live dealer’s deck contain microchips that are connected to a computer program.
As the dealer handles the cards, their movements are translated through the computer software into cards
that you can play with on your screen.

Once bets are placed, the dealing begins. Each card is scanned as it is removed from the deck so that your screen
is updated with the correct card and the game’s important information, such as card count, is accurately displayed.

Players can communicate with the dealer in real-time through the video chat function and can tip the dealer,
much like at a real casino. In almost every respect, these casino games are exactly like the real deal,
only you can enjoy them all from the comfort of your home, at any time of the day and away from the crowded
or stuffy environments of a brick-and-mortar casino.

The tech behind the live casino



Live casinos are made by top game providers such as Evolution Gaming and Microgaming.
To craft a perfect live casino game, the technology behind it has three main areas:

* a live streaming studio
* the software area where data gets handled
* an analyst’s space

Optical Character Recognition (OCR)

The OCR is highly important when it comes to technology in a live casino. It makes the games interactive as
opposed to simply being a live stream video.

The OCR tech is set up in a live casino for the purpose of reading every single bit of the game’s data.
It processes data such as where the ball lands in roulette and which cards are dealt in blackjack.

The results are sent to players through the use of a live stream video. Another round of bets starts again from there.
This entire process is all thanks to the data collected by the OCR. It registers results and decides both the winners
and losers through these data.

Live casino tech: key elements

Live casino technology has various key components to make games work and give the players the best experience
they can ever get.

Web camera

Web cameras capture everything that happens during a game. Through these cameras, you can see what happens on
the other side of the screen real-time.

During the first few years of live casino’s release, large cameras stream the games. Nowadays, smaller cameras are used.
They use three or more devices to let you see the game from different angles.

Game Control Unit (GCU)

The GCU is attached to every live table. It plays an important, if not the most important, role in the technology behind a
live casino because it assists the dealer in running the game. It encodes the gameplay’s feed and delivers them to players.
No game can run without the GCU.

Dealers

Human dealers have a crucial part in making live casino technology work. They are trained to properly conduct a game
while strictly following rules. They also create an experience where players can feel as if they’re in a land-based casino.

The dealers’ actions are tracked to ensure that they are properly handling the games. Nowadays, there is an option to
switch to automated dealers for faster and more accurate gameplay.

Tables and wheels

Both tables and wheels have sensors to convert results into data that a player can see. Results are given as soon as
the wheels stop turning.

Monitor

Monitors are important to the dealer as much as they are to the players. Dealers see online players through a monitor.
It lets them keep track of bets so they know when to close rounds. Live chatting is also enabled through monitors.

Enjoy high-class entertainment



We want to offer you as many possible to enjoy the live casino experience without leaving the comfort of your home
and giving you the unique option to grow your Bitcoin savings.

Explore the LIVE CASINO:
Live Baccarat
Live Blackjack
Live Roulette

You are welcome to share your experiences.

Cheers
Karl
Bitcasino.io

Guys, how do you like Roulette? Is it your game?

You probably know there are some theories and strategies the players around the world have created.
For example, the gap theory. Never heard about it? Let’s fix it 

A thorough article is waiting for you in our blog: What you should know about the gap theory in Roulette.

Have a read and let me know if it was useful.

Thanks
Karl
Bitcasino.io

Recent Bitcoin giveaway scams

Bitcoin giveaway scams have been all over Youtube in the form of ad videos. In the videos, big tech names such as SpaceX’s Elon Musk,
Cardano’s Charles Hoskinson, and Ethereum’s Vitalik Buterin are shown giving away free Bitcoin worth 5,000 BTC up to 10,000 BTC.

These fraudulent videos appear as ads that play before, during, or after any Youtube video, reaching millions of users around the globe.
These scammers have already amassed millions of dollars, and they still haven’t stopped fooling people into sending cryptocurrencies to their addresses.

While giveaway scams are not new to the Bitcoin community, this kind of targeted modus using social media has been going on as early as
February 2020. From Elon Musk to Jeff Bezos and now Vitalik Buterin, these scam videos change their “main face” every few months to attract
unsuspecting victims.

Twitter hacks on popular accounts

Before the Youtube scam videos, a cyber attack on Twitter occurred earlier in February 2020. Hackers breached the accounts of popular personalities
such as Barack Obama, Joe Biden, Elon Musk, Bill Gates and Kanye West and used their platforms to announce fraudulent giveaways, claiming that
these wealthy people will double all Bitcoin sent to a certain address.

Ripple Labs vs Youtube

Last April, Ripple Labs also complained to Youtube about scam videos promising free XRP to people who will send any amount of XRP to a certain address.
Led by CEO Brad Garlinghouse, Ripple Labs filed a lawsuit against the video-sharing platform after they failed to stop the scammers.

Fake Youtube videos of Garlinghouse promoting a fake 50 million XRP airdrop were reported, but Youtube was not able to remove the content
as quickly as Ripple Labs wanted. As a result, XRP holders lost their assets and Garlinghouse’s image was tarnished.

SpaceX Bitcoin Giveaway scam videos on Youtube

This type of scam isn’t entirely new but what boosted the attacks was SpaceX’s launch earlier this year. Scammers used this opportunity to use
big tech names and launch a massive fraudulent attack alongside SpaceX’s most anticipated launch.

Months since the first Twitter hacks in February, millions of dollars have been scammed off of unsuspecting victims. With some of these videos still
popping up on Youtube, people are still being robbed of their coins.

 
What do these Bitcoin Giveaway scams look like and what should you look out for?

Youtube Bitcoin video scams


 
It’s almost a given that it’s a giveaway scam video if a clip of a famous personality
giving a speech with the words 'BTC Giveaway' is plastered all over the screen.

Here’s what happens so you know how to recognize a Youtube video scam:

* These videos show up as ads at the start, middle or end of any Youtube video.
It shows a screen saying if you send any amount of Bitcoin to the displayed address,
then Elon Musk, for example, will double your money and you’ll receive twice the
amount you sent from your wallet.

* The screen-grabbed video looks like a live streaming video.

* The screen provides the wallet address where the people can send their Bitcoin.

* The screen includes a site such as SpaceXBitcoin.org or Spacex.VC that supposedly
gives more information. If you check the sites, they contain information about the
fake giveaway that makes it believable to gullible eyes. These sites even have a terms and
conditions page but small discrepancies on this page should make you question its legitimacy.

* These videos come from Youtube channels that look legitimate, and some may even
be verified with a checkmark. That’s because scammers hacked legitimate Youtube accounts
and changed the branding and content to emulate that of Elon Musk’s SpaceX channel. In one live
stream in June, at least 80,000 people watched and 15.31 BTC were collected by the scammers.

Twitter impersonation Bitcoin scams


 
Amazon CEO Jeff Bezos is among the many hacked Twitter accounts used to lure people into the giveaway scam.
The tweet was immediately deleted by the account.

Here’s how the Twitter impersonation scams worked so you know what to look out for:

* Hackers create accounts that impersonate verified Twitter accounts of celebrities
(Kanye West), influential people (Barack Obama) and companies (Coinbase and Binance).

* By impersonating other people, they tweet that they are giving back to the community
amidst the COVID-19 pandemic and will double all BTC sent to their given address.

* Aside from impersonation, scammers hacked multiple verified accounts of companies
and famous personalities and tweeted the same content saying they have partnered with
CryptoForHealth and are giving back to the community by doubling all funds sent to the given address.


Next actions taken by concerned parties after these scams

While the scammers remained anonymous, their movements could be traced through the blockchain. Cyber-security firms such as Adaptiv
tracked the flow of Bitcoin sent to vanity addresses containing names such as Elon Musk, Tesla or SpaceX and found over 66 addresses.

These addresses have been reported to Bitcoinabuse.com, a public database of Bitcoin addresses used by hackers and criminals.
Using Adaptiv’s research data, Bitcoinabuse found that 214 BTC have been sent to the Elon Musk vanity addresses alone,
accounting for more than USD$2 million.

Twitter’s cyber-attack response

During the Twitter cyber-attack in February and July, the social media site immediately responded and locked down the high-profile accounts
to prevent the scammers from tweeting any further. The CrypoForHealth scam website mentioned in the fraudulent tweets was immediately suspended
by Namesilo, the domain registrar used by the scammers.

Google and Youtube were sued

Unfortunately, things didn't go as smoothly in Youtube’s situation. Due to their slow response, tech entrepreneur Steve Wozniak sued Google and
Youtube for allowing scammers to use his name and image in these scams. Aside from Wozniak, 17 other victims are also suing the video-sharing platform.

Youtube denies liability saying that they are not at fault for the scammers using their platform. However, to appease the violated parties, Youtube stated,
'We take the abuse of our platform seriously and take action quickly when we detect violations.'

Ripple Labs was the first to file a lawsuit against Youtube with the accusation that despite having the power to stop the illicit use of their website,
the platform allegedly gained profit from the ad money.

Lots of people have complained to Google, who owns Youtube, since these videos keep popping up. Up to now, you can search ‘SpaceX special event’
on the platform and you’ll see streaming videos with the same screen sharing a QR code for a Bitcoin address and an Elon Musk interview clip.


How can you tell if it’s a Bitcoin scam?

If it’s too good to be true, it probably is.
Some people have the notion that unlike fiat money, earning Bitcoin is easy. Alas, that’s not true. Receiving free Bitcoin already sounds sketchy and
a sweet promise can render a person irrational and pliable so make sure to not fall into such promises.

Be aware
There are plenty of scams out there, and the first thing you can do to avoid it is by being aware. Research and learn to detect red flags in deals or giveaways.
From blackmails, fake exchanges, phishing emails and free giveaways to pyramid schemes and malware, there are plenty of scams out there.

To protect yourself, learning about previous Bitcoin hacking and scamming incidents is good essential knowledge to have. This will help you
know how scammers were able to breach security protocols, and how you’ll be able to protect your funds.

For example, the controversial Mt. Gox incident where thousands of Bitcoin were stolen taught crypto holders to never store their funds on an exchange site
due to its vulnerability. Instead, invest in a secure crypto wallet and transfer your coins as soon as you receive them.

Run a search
If you’re sceptical, run a search to see if the giveaway is a scam. There’s a high chance that other holders have seen it and are questioning
its legitimacy as well. Forums are one of the best places to do this as you can ask your fellow crypto enthusiasts to help certify the legitimacy of a giveaway.

Check the legitimacy of the site
Scam alert sites such as Bitcoinabuse and Scam Alert are created for this purpose. Go to any of these sites and check if the site in question
has already been reported there.

If a contact number or email address is given, reach out and ask for verification or certification. Ask security questions and request to speak with
a customer service staff since bots can run messaging applications.


What to do if you come across a Bitcoin scam?

If you come across a Bitcoin scam, you should report it to Bitcoinabuse and Scam Alert first so the sites can be taken down.
Afterwards, you should report the video and channel to Youtube as fraudulent activity or report the tweet and questionable account to Twitter.

It is vital to report the site to Bitcoinabuse and Scam Alert first because if you report the video or tweet to their respective companies,
they will be taken down but the website will still be live.


Can you recover a scammed Bitcoin?

Unfortunately, crypto transactions are irreversible as per the blockchain. Once you send funds to a scammer’s address,
there is nothing you can do to get it back. That’s why it’s important to educate yourself about these crypto scams since once you’re pulled into them,
there is no insurance and you will not be able to get your money back.


Cheers,
Karl
Bitcasino.io

Hey crypto guys

Do you know how much you can earn in a day with Bitcoin?

The simple answer: $100 daily, and up to $1,000 in 3 days.

But is it all that simple?
Before you delve into the world of crypto trade and investments, you need to consider some things.

Find them out here: Daily profit with Bitcoin investment: How sweet can it get?

Cheers
Karl
Bitcasino.io

Hi, mu_enrico

On the front-page we display newest games under “New games we love” section.
But I also forwarded this to our technical team and asked if we could get a new filter to slots page so you could sort the slots by their release date.
Will keep you updated.

Thanks,
Karl
Bitcasino.io

Hey Kakmakr,

First of all, thank you for your interest.
1. Regarding 3rd party casino games, we pay a percentage of the GGR (gross gaming revenue), this varies between providers, some are cheaper, some more expensive.
(Thanks for the idea, good topic for a blog post).
2. There are shared jackpots like Mega Moolah which is available for many different sites and then there are single site jackpot games like Yggdrasil's Dr Fortuno.
3. Games are downloaded via the developer when a player launches a game, we don't download the games.

I hope the above information answers your questions.

Cheers,
Karl
Bitcasino.io

Hi guys!

Thanks for your posts. The prediction is over now
The exciting times are here and we have to wait for a few days to see what the exact price will be on September 3 at 12:00 GMT.

Cheers,
Karl
Bitcasino.io

Hey slot fans

We are happy to announce a new game in Bitcasino!

Peaky Blinders slot is based on the hit TV show about Birmingham gangsters from the early 20th century.

Here's a short overview of the game:

* It is a 5 reel, 20 payline game from Pragmatic Play.
* To create a winning combination, you’ll need to land 3 or more matching symbols in a payline on adjoining reels.
* There are Quick Spin and Turbo Spin modes in case you want to speed things up.
* Game’s RTP rate is 96.5%, the biggest possible payout from a single spin is 400x your total stake.
* There are also 2 free spins features, giving you 8 or 10 free spins.



Try it out & share your emotions

>>> Peaky Blinders


Have a nice weekend
Karl
Bitcasino.io

Thanks for the idea, slaman29
Will think about it

Cheers,
Karl
Bitcasino.io

Hi leea-1334,

Thank you for the feedback. We really do appreciate it as it will help us with our content.
Could you please let us know what you mean about the “experiences” part?

Cheers,
Karl
Bitcasino.io

Hi bakasabo,

GameArt has restricted many functions while playing with free spins. I tried out myself and seems when you activate first free spin, the Settings and Paytable does become clickable again. Bet per line and Autoplay still disabled, however. It seems when you open the game with an active Free Spin reward, it will always block the Paytable and Settings until you make at least 1 spin.

Cheers,
Karl
Bitcasino.io

Hey BlackHatCoiner,

No, you can't edit your prediction neither before nor after the August 30.
So fingers crossed

Cheers,
Karl
Bitcasino.io

Hi guys, how are you doing?

Today I would like to share with you some tips. As we all know, there are thousands of online casinos on the Internet.
How do you know which of them are safe and trustworthy?

We have put together a blog article of what you should know to determine the legitimacy of online casino sites.

Click here & find out: Are online casinos safe?

Cheers
Karl
Bitcasino.io

Hey,

We'll announce the winner based on the Bitcoin opening price listed at Bitstamp on September 3rd, 12:00 (GMT).

Cheers,
Karl
Bitcasino.io

Hi guys,

Finally, we have the results of the festival!
We are happy to announce there were over 10 million attendees this year, who would have guessed that

So here are the users who made the closest predictions:
Protrader786 = 7,420,989
-CryptoViking- = 6,400,000
Galotta = 3,141,000
Hustler1984 = 1,690,000
Cryptoaddictchie = 1,432,000
Bakasabo = 1,000,000
Cumakoff = 900,000

Congratulations! You all have won 50 free spins + Wacken products packet.
I will send you PM as I need your contact details.

Cheers,
Karl
Bitcasino.io

Hi guys

Just a quick reminder to make your Bitcoin price predictions.

Wager 20 mBTC > get 1 vote > make 1 prediction > win up to 512 mBTC
So, what do you think — will the price rise?

PS. Don’t forget our Casino Boost this Sunday where you can win an additional 15% on all your winnings. Read more HERE.



Have a great weekend
Karl
Bitcasino.io

Hi Kakmakr,
 
Here’s how we have it in Bitcasino: you can make deposits and this will reflect in your balance before confirmations. You can play and make bets before the deposit is confirmed. However, you can’t withdraw money before at least 3 confirmations to your initial deposit.
 
 
Cheers,
Karl
Bitcasino.io