Bitcoin Casinos: Custody Trumps Bonus Size

When evaluating Bitcoin casinos, players often focus on bonus size, but there are three other crucial factors to consider. Custody refers to who holds a player's balance between bets, licensing determines whether an authority can act if that balance stops moving, and game range indicates whether the games offered will keep a player interested in the long term.

Five platforms, Dexsport, BC.Game, Cloudbet, Stake, and Mega Dice, were reviewed on these three axes. The results show that custody is the most critical factor, as it determines where a player's Bitcoin balance sits while they are not playing. Non-custodial models, such as Dexsport, offer more control over the balance, but may also come with higher fees.

While licensing and game range are important, they can be recovered if issues arise. A platform's licence can be checked to ensure it is legitimate, and a smaller game catalogue can be tolerated if other factors outweigh this drawback.