Best Bitcoin Lottery Sites

Many people are afraid to buy cryptocurrency due to the fact that they are almost unregulated. In order to rid users of the false misconception, the creators of various tokens and defi-projects, endow cryptocurrency with various useful properties, which gives it greater importance in the eyes of users.

In recent years, the trend of digitalisation of traditional finance has been gaining momentum, so cryptocurrency has ceased to be something mysterious, and on the contrary has acquired the status of a more accessible and useful tool. Nowadays, few people can be surprised by the possibility of paying a bill with tokens. Of the unusual formats for using Bitcoin, we can highlight lotteries. In the review, let’s look at five of the most popular bitcoin lottery sites, how they work and what bettors can get.

What is a crypto lottery?

A crypto lottery is a blockchain-based version of a traditional lottery. Instead of fiat currency, you have a cryptocurrency such as Bitcoin, and instead of physical lottery tickets, you use digital ones. Crypto lotteries are characterised by blockchain technology because these applications exist on the blockchain and guarantee fairness using cryptographic technologies such as smart contracts.

Due to the fact that only a different method of receiving money for tickets and verifying results is used, there are almost no differences in a crypto lottery from a traditional lottery. The principle of the lottery is as follows:

• the organiser launches a lottery with certain winnings, the amount of which affects the final value of the coupon;
• variants of prize combinations are determined, the falling out of which brings the ticket holder a win;
• players buy lottery tickets, the cost of which goes to form the prize fund;
• the organiser conducts the draw;
• ticket holders who have chosen the right combination or bought a winning coupon receive their winnings.

The prize fund is distributed to the winners; the organiser takes back the previously set percentage. Most traditional lotteries take 30-50%, crypto lotteries have a lower commission, which means players on the best bitcoin lottery sites can get a higher percentage of the prize pool.

Best bitcoin lotteries

There are many platforms offering gambling and lottery services on the blockchain. Here is a carefully selected list of the best crypto lottery platforms that use Bitcoin as payment or betting currency.

BC.GAME

Cryptocurrency bookmaker BC.GAME started operating in 2017. The company offers a wide range of services. On the BC.GAME website, bettors can bet on sports, play poker, slot machines, and live casino. The bookmaker has no limits on withdrawing cryptocurrency winnings, which is very important as winnings can reach $100,000 and above.

BC.GAME offers customers the opportunity to buy lottery tickets for games that are held in different countries around the world. The bookmaker has launched the sale of coupons for lotteries in Greece, Germany, USA, Belgium, Spain, UK, France, Brazil, Russia and other countries. Using one portal, players have the opportunity to play lotteries from different regions of the world.

BC.GAME acts not only as an aggregator of lotteries, but also conducts its own lottery on a regular basis. In the bookmaker’s office you can play a numerical lottery with the cost of a ticket starting from $0.1. The draw is held three times a day. To buy a ticket you have to choose 6 numbers from 1 to 36 in the first field and 1 number from 1 to 10 in the second field. The more matches, the higher the winnings. The main prize is $100,000.

Mostbet

The bookmaker Mostbet has been operating since 2009. The company has a wide functionality. On the portal you can bet on sports and cyber sports, play slots, card, table and crash games. There is also its own poker room. In addition, Mostbet offers to play lotteries.

Mostbet has a large selection of slot machines in lottery format. Players can choose from scratch cards, keno, bingo and other formats. In addition, there are live games, in which the winnings are based on the principle of numerical lotteries. Mostbet has a large selection of games from Lotto Instant Win, a provider that specialises in numerical lotteries. The player has to choose a game combination and wait for the round to end. The balls fall out of the lottrotron, the more matches, the higher the final winnings.

For a confident start at Mostbet, players can take advantage of the welcome bonus. A 100-125% bonus up to $400 is available to players for registration and first deposit. There is also a loyalty programme, in which each bet brings bonus points. They can be exchanged for real money.

Stake

Bookmaker Stake, like BC.GAME, offers users a rich selection of gambling entertainment. The platform has online slots, live casino, table, card and crash games. It is also possible to bet on sports and cybersports, and play poker in its own poker room.

There is no special section with lotteries in Stake. Players can play slot machines or live casino, which is dedicated to bingo, keno, scratch cards. Stake got into our rating thanks to the weekly lottery that the bookmaker runs.

During the week, all players make bets. If the turnover of the bet is 1,000, the bettor gets one ticket. During the week, bettors can accumulate an unlimited number of tickets. If the betting turnover is 10,000, the bettor will get 10 tickets, if the total betting amount is 70,000 – 70. The lottery prize pool is $75,000. It is divided among 15 participants.

CryptoMillionsLotto

CryptoMillionsLotto is a global digital lottery platform where you can play various games using BTC. The company operates in over 180 countries and is licensed by the government of Curaçao. Crypto Millions Lotto is the official partner of the Italian football club Atalanta from Bergamo. The company chose bitcoin over other digital currencies such as Ethereum because of its ease of use and popularity, allowing almost anyone in the world to play lotteries without worrying about huge gas fees. In addition, the platform aims to reduce the amount of taxes arising from fiat money-based online lotteries, which can result in you losing a lot due to taxes after winning a draw.

CryptoMillionsLotto offers lotteries with super prizes ranging from $10 to $200 million. To become the owner of the cash prize, you need to register on the platform and fund your balance using BTC. After that you can choose a suitable lottery. Depending on the format, you have to choose a completed coupon or enter the combination yourself.

Duelbits

Duelbits is an online casino that offers games such as slots, live dealer games and exclusive games from leading software providers such as NetEnt, Wazdan, Thunderkick, Big Time Gaming and Pragmatic Play. The portal has been operating since 2020 and is gradually expanding its functionality.

The company attracts players with a high level of anonymity. To register on the portal, it is enough to provide an email address. Verification requirements are minimal, as the bookmaker aims to create a completely anonymous environment for money transfers.

Duelbits offers to play its own numerical lottery. To go to it you need to select the section with original games from Duelbits. The casino has chosen one of the most interesting formats. The playing field is divided into two sections. In the first one the numbers from 1 to 26, in the second one from 1 to 10. The player has to choose 5 any numbers in the first and 1 in the second. The coupon costs $0.2. To get the cash prize you have to guess at least 3 numbers, which will be given by the GSC. There are four prizes in the lottery:

• $1 – 3 numbers;
• $15 – 4 numbers;
• $2,000 – 5 numbers;
• $50,000 – 5 numbers in the first field and 1 in the second field.

Drawings are held every 5 minutes. On the casino’s website, you can study the results of the latest draws and also check the honesty of the results.

Is it possible to earn on Bitcoin lotteries

Winning the lottery cannot be predicted, so a lot depends on the player’s luck. If you act consistently and play regularly, your chances of winning will increase, as the more tickets you have on hand, the more likely you are to have a winning combination.

If you decide to use the best bitcoin lotteries to get regular winnings, you should follow the following approach – choosing a platform, studying lottery options, registering and buying a play coupon.

Choosing a platform

This is the most responsible step, as each game portal offers different rules for registration and verification, limits for deposit and withdrawal in cryptocurrency. Of course, there are also fraudulent resources that only look  legitimate, but in practice are used to gain access to the player’s personal data or funds.

Pay attention to the presence of a licence, position in the rating. It is not superfluous to study the user experience. Find reviews of real players to learn about all the difficulties that may arise in the process of registration or receiving winnings.

Explore the player library

You need to familiarise yourself with all the lotteries that the gaming portal offers. Pay attention to the percentage of the prize pool that players receive in the form of winnings, how often drawings are held, whether you can track statistics and results.

It is mandatory to pay attention to the peculiarities of the payment of winnings. Some gaming portals can divide the payment into parts or delay the transfer of money if it exceeds a certain amount. This is spelled out in the user agreement and lottery rules.

Registration on the lottery website

Participation in bitcoin lotteries is impossible without registering on the portal that sells lotteries. Such a requirement is inherent in most projects, but some may replace the creation of an account by adding a cryptocurrency wallet.

Depending on the format of the gaming portal, the user may be asked to verify the email or fill out a questionnaire with personal data. After that, you can top up the game balance and proceed to the final stage of the game.

Buying a ticket

Most game portals offer to buy a lottery ticket. Its cost can be fixed or higher than the minimum face value, if the service is provided for the unfolded bet. The latter increases the chances of winning, as one coupon already contains several prize combinations. Some portals hold a free lottery, in which coupons are issued for performing various tasks or turnover of bets.

After buying a ticket, you have to wait until the end of the drawing. According to the results of the drawing, a prize combination will be formed. The player’s winnings may depend on the number of matches in the coupon or on what move this or that combination is collected. The specifics of the payout are spelled out in the rules.

To increase the probability of winning cryptocurrency, you can buy two or more tickets. But in this case, the initial costs increase.

Should you trust Bitcoin lotteries?

Bitcoin lotteries have gained popularity due to the possibility of winning cryptocurrency. But, on the wave of popularity, fraudulent projects have appeared, which spoil the reputation of honest gaming portals. Before you start playing, it is important to understand which ones are really worth trusting.

Reviews and reputation

Reviews of real users – one of the main methods to learn more about the work of the gaming portal. Sites with a good reputation will have plenty of positive feedback from members confirming payouts. There will certainly be feedback that you can’t win the lottery, but this is due to the rules of the game – all ticket holders can’t win.

Licensing

Legal and reliable bitcoin lotteries have the appropriate licences to prove their legitimacy. In most cases, they are licensed in Curacao or Costa Rica. The presence of a licence can be checked on the website of the gaming portal. It is desirable not only to read the data on the certificate, but also on the licensor’s website to check the status of the permit.

Transparency of work

Honest gaming portals do not hide their results. Bettors can check the fairness of the results using special software built into the casino site. The presence of Provably Fair makes the gaming process open and transparent.

Security system

Reliable platforms invest in protecting user data and funds. This may include the use of cryptography, two-factor authentication and other security methods.

Pros and cons

Once you understand how to play and how to choose the best bitcoin lottery site, it is important to understand what are the cons and pros of their operation.

Pros:

• Accessibility to players from different countries;
• preservation of anonymity;
• connection security;
• low cost of tickets and the possibility of getting them for free;
• large jackpots;
• in the long term, the rate of cryptocurrency can grow significantly.

Minuses:

• The presence of fraudulent projects;
• small selection of sites with verified lotteries;
• minimal chances of getting a jackpot.

Conclusion

Choosing bitcoin lotteries as your main hobby and any game, do not forget about prudence. Give preference to platforms with reliable security measures and positive reviews from real customers. Look for assurances in provably honest random number generation. Be sure to research the legitimacy of such earnings in your jurisdiction. Most importantly, treat betting as a hobby and keep control of your financial spending. Do not seek to solve all problems with a single win. Play for fun and only with funds that you can lose with no problems for the family budget.