In today’s online casino industry, it has become commonplace to support both legal and virtual currencies. One of the first to do so was Bitstarz, founded in 2014.
Bitstarz is one of the most popular online casino in Japan, with the Japanese name called ビットスターズ. Being an online casino that was at the forefront of its time, Bitstarz has a lot to offer.
In this article, both the advantages and disadvantages of Bitstarz will be elaborated, you will learn why Japanese people love Bitstarz so much and what are things you should consider. However, if you’re still not convinced after reading this, you can visit here for an in depth review of Bitstarz (ビットスターズ).
What is Bitstarz ビットスターズ?
First, let’s review the overview of Bitstarz.
|Service Description||Casino, Live Casino|
|Supported Devices||PC, tablet, smartphone|
|Languages supported||English, Japanese, Russian, Chinese|
|Display Supported Currencies||Legal tender: Japanese Yen, US Dollar, Canadian Dollar, Euro, Chinese Yuan, Australian Dollar, New Zealand Dollar, Russian Ruble, Polish Zloty, Norwegian KroneVirtual currencies: Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Dogecoin|
|Payment handling||Credit cards (VISA, Mastercard, JCB), STICPAY, ecoPayz, iWallet, virtual currency|
|Withdrawal support||STICPAY, ecoPayz, iWallet, international bank transfer, virtual currency|
|Management Company||Mango Limited|
|Location||Lyons Range Court, Level 4 20 Bisazza Street SLM 3175 Sliema Malta|
|License||Curaçao, The Netherlands (LIC 8048/JAZ)|
ビットスターズ Bitstarz is operated by a company called Mango Limited, which was founded on April 5, 2014. The necessary licenses for operation are obtained from the Dutch island of Curaçao.
It is a Maltese company, but it seems to have obtained a license from the Dutch island of Curaçao since the license in that country does not allow virtual currency payments.
Let’s play at the online casino Bitstarz ビットスターズ !
“I’m interested in online casinos, but I’m a little scared to actually play…”
There are many such people. But do you have the right knowledge about online casinos?
Licensed online casinos are very safe and offer a much higher rate of return than regular gambling.
In contrast to pachinko, horse racing, and lotteries, where the operator gets about 20%, 30%, and 50% of the winnings, respectively, online casino operators get less than 5% of the winnings on average.
In other words, it is fairer and easier to make money than public gambling in Japan.
Furthermore, the licensing requirements for online casinos are very strict, and fraud and cheating are 100% impossible if you choose the right casino.
Also, online casinos are very rich in bonuses, especially at Bitstarz ビットスターズ. There are many places where you can get bonuses just for signing up, even without making a deposit.
Advantages: The good reputations of Bitstarz ビットスターズ
I will explain the abenefits of choosing Bitstarz based on its good reputation. Then you will understand why Bitstarz (ビットスターズ) is Japanese’s favorite online casino.
Withdrawal speed is very fast
The speed of withdrawal is arguably the biggest advantage of Bitstarz (ビットスターズ).
At online casinos, it is common to wait about 24 hours after requesting a withdrawal before the money is deposited in the designated account. In the case of Bitstarz, however, it only takes an average of 10 minutes. Moreover, it is said that 90% of the money will arrive immediately. This speed is one of the highest in the online casino industry.
There are only a few that offer quicker withdrawals than Bitstarz, including Eldorado Casino, BitCasino, and Live Casino House.
No identity verification required for virtual currency withdrawals
The first time you apply for a withdrawal at any online casino, you will have to complete an identity verification process. Take a picture of your driver’s license, credit card, address verification documents, etc. without any excess or deficiency, convert it into data, and send it. If something is incomplete, you will be asked to resubmit it, and so on.
However, when withdrawing funds to a virtual currency account, such as Bitcoin, Bitstarz (ビットスターズ) does not require you to go through the identity verification process. Therefore, you will be able to take advantage of the fast withdrawal from the first procedure.
Highly rated by users at Bitstarz: ビットスターズ
Bitstarz is one of the top-rated online casinos in the world.
At the prestigious ASCGAMBLERS awards ceremony in the industry, it won the “Best Casino Award” in 2017 and the “Player’s Choice Award” in 2018.
In addition, the site “The-Soho”, which evaluates online casinos from a completely neutral standpoint, gave ビットスターズ Bitstarz a score of 4.5 out of 5.
It ranks in the top four overall, higher than even the biggest casino in the industry..
Save on your first deposit cashback!
Bitstarz ビットスターズ does not allow you to receive a promotional bonus on your first deposit. When you hear this, you may think, “Isn’t there a better deal at other online casinos? Some people may feel that other online casinos offer better deals.
But of course, it is not for nothing.
At Bitstarz, you can receive up to $75 cashback based on your account balance 24 hours after your first deposit. The maximum amount varies slightly depending on the currency, usually up to $75, 15mBTC, or 8,000 yen.
It’ll go up to 8,000 yen, 10,000 yen for Japanese Yen, and 15mBTC, 20mBTC for Bitcoin!
Let’s assume a few specific situations.
|Initial deposit||Account balance after 24 hours||Cashback amount|
|One hundred dollars.||0 dollars||$75.00 $100.00|
|One hundred dollars.||Fifty dollars.||Fifty dollars.|
|One hundred dollars.||Two hundred dollars.||0 dollars|
|Five hundred dollars.||One hundred dollars.||One hundred dollars.|
Simply put, when you make your first deposit, you can bet up to $100 worth of money with no risk at all.
For example, let’s say you have deposited $100 and suddenly bet $100 the first time in a game with a double payout.
If you win, you will have $200, and if you lose, you will have $0 (but then you will receive $100 cashback). The player will not incur any losses.
Cashback is treated as a bonus, so there is a set withdrawal requirement, but it is only 1x. If you have received $100 cashback, then you can withdraw it as soon as you have completed your $100 bet.
You can choose a bonus for your second deposit
At Bitstarz ビットスターズ, you can choose between the following two bonuses on your second deposit, whichever you prefer.
Choose between two types of casino bonuses.
- 100% deposit bonus of up to 10,000 yen or 1 BTC & 180 free spins
- 50% cash back bonus
You can choose to receive the regular deposit bonus to increase your war chest and enjoy betting, or you can receive cash back in case you lose, depending on your playing style.
However, 1 BTC is a ridiculous amount of bonus. No other company in the entire online casino industry offers such a large amount of bonuses.
You can also receive a bonus on your 3rd to 5th deposit at Bitstarz (ビットスターズ)
At Bitstarz, you will also receive a bonus on your third, fourth, and fifth deposits with the following details
|Third payment||100% bonus of up to 10,000 yen or up to 1 BTC|
|4th deposit||50% bonus of up to 20,000 yen or up to 2 BTC|
|5th deposit||100% bonus of up to 10,000 yen or up to 1 BTC|
When combined with the bonus for the second deposit, you can get up to 50,000 yen or up to 5 BTC worth of bonus.
5 BTC is over 4 million yen in Japanese yen. This is a huge amount of money that you can receive as a bonus, which is why Bitstarz (ビットスターズ) is so scary.
Please note that the bonus is subject to withdrawal conditions, which must be met before the bonus can be withdrawn.
More details will be explained later in the article.
Various campaigns are held all the time
Bitstarz is constantly running various campaigns to keep players entertained.
For example, there are campaigns such as the following
|Slot Wars||Chance to win up to $5000 or 5000 free spins every week|
|Table Wars||Chance to win up to $10,000 every week|
Both Slot Wars and Table Wars are open to all games that can be played at Bitstarz ビットスターズ. The rules are easy to understand and all you need to do is bet more than the other players in order to advance to the top. Events for holidays such as Halloween, Christmas, and New Year’s are also held from time to time.
In the past, there have also been events where Tesla was the top prize. Let’s actively participate in events to earn money at a reasonable price.
Monday deposits get a 50% reload bonus
If you want to make a deposit to Bitstarz ビットスターズ , do it on Monday (Monday morning 8:00 am to Tuesday morning 7:59 am). Then you can receive a 50% bonus up to a maximum of $40,000.
If you deposit 80,000 yen worth of money, your war chest will be 120,000 yen and you will be able to enjoy a wide range of bets.
Get free spins on Wednesday deposits
If you like slots, make your deposit on Wednesday (Wednesday morning 8:00 am to Thursday morning 7:59 am).
This is your chance to win up to 200 free spins.
“Deposit $3,800 and get 20 spins, deposit $10,000 and get 80 spins, and deposit $20,000 and get 200 spins! Even if you win on your deposit and withdraw, you’ll still get it!”
Quote from: Bitstarz (ビットスターズ )
Organize the number of free spins you can receive for each deposit amount.
|amount of money received||Number of free spins|
|3799 yen or less||0 times|
|3800 yen – 9999 yen||20 times.|
|10,000 yen – 19,999 yen||80 times.|
|More than 20,000 yen||200 times.|
To win free spins, you need to place a bet equal to or greater than your deposit. And if you meet the requirements, you will automatically receive free spins in your account.
Note that you can receive free spins even if you have already withdrawn your winnings after placing a bet with the amount you deposited.
Winnings from free spins are subject to a 40x withdrawal requirement.
Multi-currency support means no need to worry about exchange fees
Bitstarz allows you to use 10 different currencies from around the world on their site. Of course, the Japanese yen can also be set.
Therefore, there is no need to worry about extra exchange fees when depositing with a credit card. For online casinos that do not accept Japanese yen, there is always a foreign exchange fee when depositing by credit card.
So, for example, it is often the case that you are planning to deposit 50,000 yen worth of money, but in reality, you have only deposited 49,000 yen. But with Bitstarz ビットスターズ , you don’t have to worry about that.
We are also not exposed to the risk of fluctuating exchange rates due to various factors such as the spread of infectious diseases.
Bitstarz ビットスターズ offers more than 3,000 games in total
Bitstarz employs 23 game providers, with a total of over 3,000 games distributed.
The variety of games is one of the best in the industry. If you want to play a wide variety of games anyway, Bitstarz is the place for you.
Some unique games can be played exclusively on Bitstarz
Bitstarz also develops its own games. Naturally, proprietary games cannot be played at other online casinos. The “20 Bitstarz” slot is an example of a proprietary game.
If you’re worried that no matter which online casino you register at, you’ll only be able to play the same kind of games, try ビットスターズ Bitstarz’s unique games.
Disadvantages: The bad reputations of Bitstarz ビットスターズ
There are some bad reviews and word of mouth about Bitstarz ビットスターズ .
Be sure to check out the disadvantages and consider the following drawbacks as well.
Bitstarz ビットスターズ has strict bonus withdrawal requirements
If you receive cashback, the withdrawal requirement is 1X. This makes it much easier to make withdrawals.
On the other hand, it is not easy to make a regular bonus available for withdrawal as the withdrawal requirement is set at 40x.
In particular, let’s say that you receive a bonus of 2 BTC on your fourth deposit.
In order for this bonus to be withdrawable, you need to have bet the equivalent of 2BTC x 40 = 80BTC.
In Japanese yen, this is equivalent to about 60 million yen (calculated at 1 BTC = 800,000 yen).
For example, if you are playing a table game, the betting requirement digestibility is only 5%.
Therefore, if you try to digest the bonus through table games alone, the withdrawal requirement will actually increase by another 20 times.
Many games are excluded from the bonus
At Bitstarz (ビットスターズ ), there are a great number of games set up where betting while in possession of a bonus does not contribute to the digestion of the withdrawal requirement.
Therefore, it is safe to assume that the number of games you can play is quite limited.
Receiving a bonus is certainly an attractive way to increase your war chest all at once.
However, there are also many disadvantages, such as many games that cannot be played or struggling with strict withdrawal requirements.
The maximum bet per bonus is 500 yen
For those who understand that there are various disadvantages, but still want to try to clear the bonus withdrawal requirements, there are even stricter conditions. That means that you can only bet the equivalent of 500 yen per bet.
I have to say that this is a very strict requirement of Bitstarz (ビットスターズ ).
Different electronic payment services are available in different currency units
Bitstarz ビットスターズ allows you to use a wide range of electronic payment services such as Ecopays, Venus Points, and Match Better as deposit and withdrawal methods. However, it should be noted that the availability of electronic payment services varies depending on the currency unit you have set.
Specifically, the availability is determined as follows.
|Electronic Payment Services||Available currency units|
|better match||All possible|
|Venus Point||Only US dollars are accepted.|
|astro-pay||Only US dollars are accepted.|
Bitstarz has a very fast withdrawal speed and works well with Venus Point rewards, but unfortunately, it is only available for deposits and withdrawals from US dollar accounts.
There are many disadvantages to credit card deposits at Bitstarz ビットスターズ
Credit cards are accepted for deposits at Bitstarz, but only Visa is accepted, not MasterCard or JCB. However, only Visa is accepted, not MasterCard or JCB, as Visa has been shutting down online casinos in recent years, so the success rate of deposits is not very high.
There is also a 2.5% fee for credit card deposits. While other online casinos have a maximum amount of fees, Bitstarz does not, so the larger the deposit, the larger the fee will be.
There are no fees for deposit methods other than credit cards, so if you do not want to incur extra losses, choose another deposit method.
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