Play Mega Moolah and win Bitcoin!
Is the outdated mode of using fiat currency to gamble online is being replaced by a safer and more secure method using cryptocurrencies? Perhaps this is true, but in any case here on MegaMoolah.com we are big fans of bitcoin and we have written many articles advocating gambling using bitcoin rather than with your credit card.
Why is that? Well for one a credit card is just that, credit. You do not want to take up the habit to gamble on credit because it can easily get out of control. There's a much better way - buy a little bit of bitcoin and play that instead.
If you have bitcoin and never considered gambling online this could be the time to give a shot. The reason is that the Mega Moolah jackpot is now closing in on 20 million British pounds! That's close to 7800 bitcoin. Why we mention British pounds is that it is the most valuable currency that you can win the Mega Moolah jackpot. Of course players around the world play in their own currencies in Euros, Dollars and for example in Swedish krona the jackpot is 200 million kronor, and in Thailand the jackpot is around 800 million baht... the equivalent value in BTC would be converted in each case to reflect the player's currency.
With this huge jackpot waiting to be won this really is the best time to give Mega Moolah a try!
How do I purchase bitcoin?
If you are new to bitcoin, you'll first need to set up a bitcoin wallet and then purchase some. There are a number of third party providers that will fo this service for you, such as Blockchain.com and you can access it both on a mobile device and on desktop. The registration process is very easy. Basically all you need is an email address.
Once you have your wallet, you'll then need to purchase bitcoin. This is done easily directly from the Blockchain.com wallet service. How much you want to purchase is up to you and the price of bitcoin is volatile, so the price can differ from one day to the next. Simply select how much bitcoin you want to buy and then purchase it. This will then transfer the bitcoins into your wallet and you're ready to transfer the bitcoin to the Mega Moolah bitcoin casino.
You are now ready to start using bitcoins online and also to start using them to play Mega Moolah.
What casinos offering Mega Moolah accept bitcoin?
Of course, to play Mega Moolah using bitcoin, from any of the countries that are accepted, you need a site that not only offers Mega Moolah to its customers but also accepts payment in BTC and the good news is that you have a choice.
As a new customer at the casino, you will also qualify for a great value starter bonus when you make your first BTC deposit. This is usually a 100% matched deposit bonus up to the limit that the casino has determined. That means twice the amount of spins on the Mega Moolah slot for your money as you would ordinarily receive.
What are the advantages of using bitcoin?
One of the questions you may ask when considering playing via bitcoin is what are the advantages of bitcoin compared to paying for your gaming using standard payment methods. The answer to that question is simple and that is bitcoin is the most secure form of paying online for your gaming that is available today.
Bitcoin does not require any information from the user to complete a transaction and the transaction is effectively anonymised as a result. This means when you complete a bitcoin transaction, your details are secure and cannot be compromised. The other big advantage of bitcoin is that it is seen by many experts as a 'future' form of online payment and one that is being readily adopted by many countries across the world. As this continues over the next few years the number of establishments where you can use bitcoin online to pay for items will increase. Finally using bitcoin for your gambling makes sense when you want to put limits on your gambling. Everyone who gambles online knows that when using a credit card it's so easy to go over your budget.
Are there any disadvantages using bitcoin?
Of course, bitcoin is volatile but more-so it may be difficult for some to understand how it all works. The volatility does not matter that much unless you begin to speculate with bitcoin. When using it daily it really doesn't matter if bitcoin goes up or down 10 percent vs your currency.
Here at MegaMoolah.com we do not give financial advice so if you are viewing investing in BTC as a longer term investment, then you should really try to buy the currency when it is selling at a lower rate and then sell it on when it is trending at a higher value in order that you do not lose out on making the transactions. Easier said that done, right?
How much would the current Mega Moolah jackpot be worth in bitcoin?
Assuming that the current Mega Moolah jackpot amount of 20 million is a winner playing with British pounds, then this would equate to around 7800 bitcoin. Winning this much would be a life-changing experience and should the lucky winner invest some of in bitcoin, then there is just as much chance that the value of their investment in cash terms, would increase greatly. For example if you kept 1000 bitcoins as a long term strategy, and the value of bitcoin exploded on the upside, well then you could be looking at another jackpot. In dollar terms the highest level was $19,783.21. If it reached this level again your 1000 BTC investment would be worth $19,783,210.
Double or nothing, right? We're all gamblers wanting to win big. It's the thrill and excitement of winning Mega Moolah that slots players around world crave for. So if you already have bitcoin, try Mega Moolah. If you don't yet have bitcoin, buy some and it could change the way you gamble. Read more about bitcoin on our Bitcoin page.
Byline: This article was published by Mega Moolah expert Henry. Media and other enquiries.
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