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Today we're taking a look at MoneyPot.com. Although it' is not a Bitcoin gambling website as such, it is in tight relation with huge number of Bitcoin games and casinos. How so? Read on to find out what MoneyPot is really about.
As a Bitcoin web wallet, MoneyPot is actually a gateway to numerous gambling sites (or as they like to call them: 'casino apps'), while keeping things simple and easy for their users. Your Bitcoins are in one place, and you transfer them instantly to any of casino and gaming websites which feature MoneyPot integration. Makes a lot of sense to us. This way, user can be certain that they are depositing their funds to a trusted website, which than handles the rerouting on user's command. The number of websites which use MoneyPot as their bankroll gateway varies. Earlier there were dozens of them, today the number is smaller. Reason for this is simple – some of game providers probably just don't exist any more because they didn't attract enough players. However, the ones that are still there are among some of the top rated Bitcoin gaming sites regarding the wagered volume in their respective categories.
Things are pretty much straighforward for an awerage user. You open your MoneyPot account and deposit Bitcoins to your unique address. After that, you find a game you'd like to play, and authorize that app to be able to access the coins you have in your account. Then you simply move Bitcoins from MoneyPot to that app and other way around.
MoneyPot developers seem to have gave a lot of thought when it comes to security. Besides standard username/password combination, there is also a two-factor authentication which is highly recommended. Also, users can always review the time, IP address and location of each login to their account. Users are notified when someone tries to login with their password, but fails to pass the 2FA. Another thing that we like, is ability to log out current sessions from your dashboard.
If one has certain amount of Bitcoins in his MoneyPot account, and wont' be playing for a while – it's OK to keep them there and use MoneyPot as on-line wallet (note: the author of this text doesn't recommend keeping your Bitcoins anywhere online). However, one thing that does look interesting, is investing those coins in MoneyPot bankroll and get a chance to earn something extra.
We actually really like this innovative concept as it makes perfect sense to have your gambling funds in one place and to be able to move them fast between your wallet and games/casinos – without having to wait for withdrawal approvals or risk depositing to shady websites. Only thing we wish for the future, it that some of the most popular Bitcoin (and altcoin) gambling websites embrace this unique approach.
Like we already mentioned in intro, this casino is a bit different. Visitors who are used to very similar layouts of most online Bitcoin casinos will immediately notice that FortuneJack followed their own philosophy when it comes to design and functionality. And we don’t mean it in a bad way – everything a player might need is at hand, and even if site looks a bit more complex, it’s quite easy to navigate.
Front page offers quick access to featured games and menus which help player to select their favorite games. Live scores of recent winners and live stats of jackpot size, total BTC wagered amount and total number of bets taken (over 3.86 billion at the time of writing this) are also a nice touch.
Available site languages are English and Russian which should be enough to satisfy majority of visitors, although maybe adding some other languages with large number of potential visitors might not be a bad idea for future development.
FortuneJack offers really huge selection of games most of which are mobile friendly: dice, fortune slots, fortune wheel, blackjack, keno, newly launched poker (with up to 40% rakeback and regular freerolls) and over 400 slot games from various famous game providers: Endorphina, Igrosoft, Betsoft, Novomatic, Aristocrat, Megajack and others. Some of games are already well known from other casinos, but what makes this casino specific, is a choice of their own games which are definitely worth trying. All their games are provably fair, and every player can examine the mechanisms which ensure that games are not tampered with.
It’s also worth mentioning that FortuneJack Casino offers many live dealer games: Roulette, Sicbo, Baccarat, Texas Hold’em Poker, Dragon Tiger, Carribean Poker, and Blackjack, as well as real time betting with a live dealer (yes, beautiful ladies, who make your play even more enjoyable). Casino is proud with the fact that all their live games are fast and responsive with no delays – we didn’t have a chance to confirm that claim, but we will take their word for it.
Not to be forgotten is Binary Trader game, which will surely attract it’s own type of audience.
For those aiming high, very interesting features of this casino are Progressive Jackpots – currently worth over 323 Bitcoin!
Unlike most of other Bitcoin casinos which also offer paying for real money, FortuneJack is a cryptocurrency only place. Besides Bitcoin, players can enjoy their games by using a selection of other most popular coins: Litecoin, Dogecoin, Clam, Novacoin, Dash, Peercoin, Namecoin, Reddcoin and Monero. For those wanting to only test the look and feel of FortuneJack Casino, there is also a PlayMoney which can be used before you decide to try on a real money games.
Talking about currencies, FortuneJack even has it’s own integrated cryptocurrency exchange for fast and simple conversion between supported coins. You don’t see that every day, right?
Basic kind of bonus – first deposit bonus, the one known from other casinos, gives players 100% bonus on their first deposit, up to 3 BTC (also worth for other alt coins). Wager requirements before cashing out bonus amount is 40 times.
There’s more promotions to make players happy. Jack’s Favorite awards players who try different games with Fortune Slot free spins, Boosted rounds on Keno and 2 BTC GTD Bingo tickets.
Member loyalty is awarded too, and it’s pretty straightforward: the more you play with real money, the higher your level is, and better the perks, e.g. increased rakeback on poker, increased affiliate income etc.
And even that’s not all. FortuneJack offers regular Weekly Promotions which award players who spend time on their page. Currently there are two active weekly promotions: Unlucky Jack (which gives 20% of their losses back to top three unlucky players each week), and Most Active Chat User (rewarding top 5 chat users for being active community members and for writing constructive posts in FortuneJack’s chatroom.
Design – although looks a bit more complex that some other casinos – it’s clean and easy to find your way around. Naturally, we couldn’t test all of the games, but it seems like they all, or at least majority of them support high quality mobile gaming.
Game selection – own games + games from lots of famous vendors. Nothing to complain about. Everything you might need is here.
Bonuses – initial bonuses for new players are not as impressive as some other competitors offer (hint – free spins upon deposit?). However, regular promotions and loyalty rewards make things better and make people want to spend time on this website.
(Crypto)currency selection – although there are hundreds of alt coins, and supporters of specific coin might regret that it is not supported here, selection is quite big. Adding more of them might cause confusion, and we completely understand that only selected and most popular currencies are supported. Integrated exchange can help you here a bit.
Other things we like – provably fair games, 24/7 customer support
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Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto. The payments in the system are recorded in a public ledger using its own unit of account, which is also called bitcoin. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency. Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.
Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. Called mining, individuals or companies engage in this activity in exchange for transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for fiat money, products, and services. Users can send and receive bitcoins electronically for an optional transaction fee using wallet software on a personal computer, mobile device, or a web application.
Bitcoin as a form of payment for products and services has seen growth,and merchants have an incentive to accept the digital currency because fees are lower than the 2-3% typically imposed by credit card processors. The European Banking Authority has warned that bitcoin lacks consumer protections. Unlike credit cards, any fees are paid by the purchaser not the vendor. Bitcoins can be stolen and chargebacks are impossible. Commercial use of bitcoin is currently small compared to its use by speculators, which has fueled price volatility.
Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013 the US FBI shut down the Silk Road online black market and seized 144,000 bitcoins worth US$28.5 million at the time. The US is considered bitcoin-friendly compared to other governments. In China, buying bitcoins with yuan is subject to restrictions, and bitcoin exchanges are not allowed to hold bank accounts.
If you want to know more then check out the full Bitcoin Wikipedia article.