7Bit Casino Interview – Podcast Ep.003 of Gamblineers Crypto Casino Interviews
Adam / May 09, 2023
According to him, the withdrawal process is simpler than you’d think once you decide to cash out your winnings. He’s also sharing how players can check the transparency of game outcomes at any time.
Find out more about 7Bit on our 7Bit Casino review or go to our main crypto casino interviews page, where you can find the entire podcast that has been done so far.
7Bit Casino is quite a large and well-established crypto casino. You guys have been around since 2014. What’s special about you and what do players value in your casino?
7BitCasino is a cryptocurrency-based online live casino available in most countries across the world except for some due to licensing restrictions.
The things we are most proud of are:
1. Amount of bonuses
7BitCasino offers a huge amount of bonuses and promotions, including a welcome bonus of 300% up to 5 BTC for the first 4 deposits. We offer both free spins and deposit offers every day of the week. Players also can have daily and weekly cash-back.
2. Many tournaments
We offer more than 4 tournaments every month where players have the ability to take part and try to win really huge prizes.
3. Crypto gaming experience
Bitcoin casinos offer a unique and exciting gaming experience different from traditional online casinos. Meaning no taxes, no money control, and no winnings control from the government. You can save a lot of money 🙂
4. Advantage of the volatile nature
You can take advantage of the volatile nature of cryptocurrency. The value of Bitcoin can fluctuate quite a bit, and this can work to your advantage if you are lucky enough to win when the value is high.
You offer thousands of games. Which ones are more popular? Which game brought the biggest wins so far?
Yes, in general, we have even more than 9000 games from more than 120 game providers in our casino. Each of them has its own features. But the number can be different for players from different countries. It happens because each game provider is available for a list of countries but not for all. And as we have players from all over the world we group games by player’s country.
There are many popular games, first of all, we can sort games by type. We have Slots, Roulette, Poker, Black Jack, Live Casino, and Baccarat.
Slot games are the most popular ones, players like Wild Spin, Buffalo Trail, and Fruit Million. We see that for instance in Australia players like games related to nature, like Wolf Treasure, which is another slot game. Wild Spin is popular in Canada and New Zealand. Americans love Buffalo Trail and Fruit Million.
The most recent Jackpot got hit at Wild Spin, the player won more than 200.000 euro.
You are also saying that your players can always check the transparency of game outcomes. What exactly does this mean and how can they do that?
Yes, that’s correct. 7Bit uses a technology called “provably fair” to ensure that the games are fair and transparent. Provably fair is a system that allows players to verify the fairness of the game outcomes. The system uses cryptographic algorithms to ensure that the game outcomes are random and cannot be manipulated. Players can check the transparency of game outcomes at any time.
To check if a game has been provably fair, you can use a special program that you can find on any provably fair gambling site and verify the hash, so that it matches with the fingerprint or public hash. For example provablyfair.co.
And when it comes to non-crypto games we do not have copies of slots and all games are official (not twisted) from all top game providers. Legitimacy can be verified by requesting confirmation from the same providers, which we do on an ongoing basis when verifying customer losses and winnings.
You’re all about bonuses and awards – for new and loyal players. Are you planning any specific perks for your players in the future?
Sure, we have many ideas but as you know having ideas and implementing them are two different things. At the moment our players can take part in different tournaments and reach the VIP program.
Every user who registers with 7Bit casino is starting with level one in the VIP program. Every level of the VIP program has its benefits, such as every week free spins, cash back, and many other special bonuses.
We are planning to add achievements. So it can be even more interesting exploring our casino.
You pride yourself on ensuring fast deposits and withdrawals to players. Money-outs with bitcoins take less than ten minutes. However, generally, this is also the main struggle for players – issues with withdrawals are quite common. How do you handle them?
Well, the business is about having reliable partners. Coinspaid is our partner in terms of cryptocurrency transactions. They take all the responsibility for fast and secure transactions.
Any tips on how players can avoid issues with withdrawals?
Yes, of course. So first, Use a VPN to protect your personal information.
The second is to wait until the value of Bitcoin is high enough before withdrawing your winnings. So you can win even with the rate in terms of crypto.
And third, type in your crypto wallet address correctly.
What else are players usually struggling with and how can this be avoided in the future?
There are 2 main things with which players struggle, and it’s withdrawal limits and or verification requirements.
And there are cases of payment checks on the game provider’s side – for instance, when someone wins a jackpot it may take several days to verify everything, but this does not depend on us.
However, we are currently working on changing both (e.g. making more loyal limits for players and making verification easier).
How thoroughly do you follow the market demand and respond to the current popularity of a particular cryptocurrency? Any new cryptocurrencies that you’re planning on adding soon?
The number of particular currencies depends on the player’s demand for them. We can add as many currencies as players want. At the moment more than 80 % of players use BTC to play, 10 % use ETH, and 5 % use all other currencies and tokens.
But I do not see any use in having hundreds of different currencies as coins and tokens can easily be converted to the most popular ones.
Let’s speak about anonymity as well. Especially players who play with crypto value their anonymity. What is your stand on that?
Using Bitcoin or other crypto currencies when gambling protects your identity and allows you to deposit and withdraw funds anonymously. There’s no sharing of any banking or personal data in order to make financial transactions.
However, 7bit nowadays has strict KYC (‘Know Your Customer’) checks for fraud prevention and anti-money laundering reasons.