Canadians love playing Mega Moolah with Bitcoin
Mega Moolah is a video slot that is loved wherever it is played. It is especially loved in Canada, thanks to a number of recent jackpot winners that made the Canadian dollar the first currency to eclipse 100 million in total jackpot wins.
It's no wonder Canadian players are excited about every opportunity to spin the reels, including opportunities to use Bitcoin to fund their play.
It used to be that Bitcoin was not an option for Mega Moolah. For a number of reasons we will not get into here, Mega Moolah's creator used to not allow casinos to both license the game and accept cryptocurrency deposits. But that has since changed. As a result, this Bitcoin Casino is now licensed for Mega Moolah.
If you are new to Mega Moolah, this post is designed just for you. You will learn a little bit more about the game, its jackpots, and exactly how to play using your bitcoins. Throughout this post, we will refer to bitcoins by their trading symbol: BTC.
Mega Moolah is all about big jackpots
Let's first talk about why people love this video slot so much. Mega Moolah may look like any other video slot on the surface. But once you start playing, things change.
Mega Moolah's big draw is its progressive jackpots. Most video slots do not have progressive jackpots to begin with. And among those that do, a single jackpot is the rule of the day. Mega Moolah is different. It has four progressive jackpots: Mini, Minor, Major and Mega. What's more, a player's opportunity to win is awarded randomly. You don't have to land specific symbols on certain reels to get a shot.
That means you could get a shot at any one of the jackpots during your session of Mega Moolah play. You might even get multiple shots. You never really know because it's all randomised.
Recent Canadian jackpot winners
Now that you know more about the progressive jackpots, perhaps you're wondering why Canadian gamblers love Mega Moolah so much? For starters, the game is just a lot of fun to play. But Canadians seem to be on a hot streak when it comes to Mega Jackpot wins on the Mega Moolah slot.
The most recent Canadian Jackpot winner scored CAD $8.1 million this past May. That was just a few months ago. Another Canadian winner took home a jackpot of over $20 million in January. When you combine all of the Canadian winners together you come up with total winnings in excess of $103 million. The next closest currency is the euro, at €69.6 million. British players come in third with a combined total of £34.6 million.
We don't know what it is about Canadian players, but they have a clear advantage in terms of total winnings. Their total is more than 30% higher than players in the EU.
How they play with Bitcoin
It's clear that Canadian players are having a great time with the Mega Moolah video slot. Now that Bitcoin and other crypto is also an option to play the game there's many more methods to pay for play. Bitcoin is the world's number one cryptocurrency with worldwide recognition. As its utility grows, increasing numbers of merchants are adopting it.
In the online gambling space, BTC is the dominant crypto. Just about every casino accepting direct crypto payments takes BTC first. Some also take Bitcoin Cash (BCH), Litecoin (LTC), Ether (ETH) and others. We will focus only on BTC for the remainder of this post.
So, how do they actually do it? There are three main choices:
- Directly depositing BTC.
- Using a BTC debit card.
- Utilising a crypto-supporting online payment provider.
We suspect you are interested in knowing the details about each option, so let's get to it. If you are a Canadian player looking to get in on all of the Mega Moolah fun, you can use any of the three methods described below. Note that you must own BTC first. That means you will have to establish a wallet and buy some coin before you can use it to play Mega Moolah.
Directly depositing BTC
Direct deposits were the original way to play Mega Moolah with BTC. As previously stated, Microgaming used to not allow licensees to offer Mega Moolah through BTC deposits. An early workaround was for Bitcoin casinos to accept BTC and convert the deposits to fiat before applying them to the Mega Moolah game.
You can now make a direct deposit without any worries of the casino not having the fiat to cover your BTC. Doing it is actually quite simple. Go to the one and only Mega Moolah licensed Bitcoin Casino and you have the ability to make cryptocurrency deposits. You sign up for an account, then navigate to the website's payment section. There you should find BTC and any other available crypto options.
From there you simply select the BTC option and follow the on-screen prompts. Making a deposit essentially creates a transaction whereby you push coins from your wallet into the casino's wallet. The push is processed on the Bitcoin network just as any other BTC transaction. There is no need to provide bank information, credit card number, etc.
Deposit with a BTC debit card
The BTC debit card is one of the latest tools for spending BTC just as you would fiat. There are nearly two dozen providers now offering BTC debit cards throughout Europe, North America, and Asia. The cards work like prepaid debit cards except that they are funded by BTC.
Once you sign up for an account and place a small BTC deposit into your account, you would then order the physical card in the mail. Once that arrives you activate the card and put some BTC into your account.
Next, you would visit your favourite online gambling site that accepts debit card deposit and choose debit card as your preferred method. Then follow the on-screen prompts to complete your deposit.
The beauty of using the BTC debit card is that conversion is made on the fly. In other words, let's say you choose to play Mega Moolah on a site that doesn't accept direct BTC deposits. It won't matter. Your BTC debit card will make the conversion - let's say to CAD - in the background. The online casino will not care because it is receiving a fiat deposit. There is no need for casino owners to know that you are using BTC.
It should be clear to you that the BTC debit card really opens up more possibilities. As long as your chosen provider supports Canadian dollars, you are going to have a lot more choices for playing Mega Moolah.
Utilising an online payment provider
Your last option for playing with BTC as a Canadian gambler is to utilise an online payment provider that supports cryptocurrency payments. There are quite a few that do. Two of the most well-known are Neteller and Skrill. Both have excellent reputations within the electronic payment community. Both are active worldwide as well.
If you have ever done research on casino deposit methods, you've probably noticed that a lot of online properties list Neteller and Skrill as options. This is good for you as a BTC owner. Why? Because both payment providers support a limited number of cryptocurrencies. Bitcoin is among them.
To utilise this method, you would first choose one of the payment providers as your own. Then you would sign up for an account and fund it. Let's say you chose Skrill. You could fund your account by making a fiat transfer from your bank. There are other options, but this is a good starting point.
Skrill lets you convert between Canadian dollars and BTC instantly. So let's say you purchased BTC a while back - by converting fiat in your Skrill account - and now you want to use it to make a casino deposit. All you have to do is choose Skrill from the casino's payments page and you're all set. You can designate a certain amount of BTC to instantly convert to CAD in order to facilitate the deposit.
Whether you choose to make a direct deposit, use a BTC debit card, or take advantage of a crypto-supporting online payment provider, you can play Mega Moolah with BTC. It's just another reason Canadian gamblers are flocking to Mega Moolah. If there's one thing better than having a shot at one of Mega Moolah's progressive jackpots, it's being able to play the game with your BTC holdings.
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Byline: This article was published by Mega Moolah expert Henry. Media and other enquiries.
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