BitBlackRed is an interesting BTC gambling site with a near interface and simple game mechanics. It used to have been aggressively promoted when it was launched. At present, though, there seems to be little to no interaction of the site’s owners with the players. The site’s Bitcointalk thread has no recent posts. The site’s Twitter account has not been updated for nearly two years now.
Despite the apparent attractiveness of BitBlackRed as an option for those who want to gamble their BTCs in a simple but enjoyable game, there are important details that need to be taken into account. To know what these details are, be sure to read further into our BitBlackRed review.
BitBlackRed has only one game with very simple mechanics. It’s a game about guessing colors. The goal is simply to predict the color of the next card, either black or red. That’s a 50-50 chance of guessing the correct outcome.
To play, you just have to set your bet amount and click on the color you want (black or red). It’s that simple. The game interface is highly intuitive. There’s nothing much you need to figure out. The buttons are self-explanatory. You can manually enter the amount of your bet or you can use the min, x2, and max buttons. The minimum bet amount is 0.000001 BTC.
If you correctly predict the right color, you get to double your bet amount. There are no other prize schemes. It’s either you win and double your bet or you lose and have the bet amount removed from your account balance. Your winnings are automatically reflected on your account balance.
The results of recently played games are presented on the right side of the game interface, together with the names of the players who won.
BitBlackRed, by the way, can be considered a bitcoin multiplayer game. All players access the same game.
Unfortunately, BitBlackRed does not have a free bitcoin faucet. There is also no Demo version of the game. You really need to make a deposit before you can play. As such, we cannot consider it a free bitcoin casino. Also, the site’s house edge and payout rate are not presented.
BitBlackRed only uses bitcoins. The currency is presented in BTC (not the lower denomination mBTC or bits) on the game so be ready to encounter a lot of zeros and decimal points.
Deposits can be quickly completed by simply clicking on the Deposit button and sending bitcoins to the bitcoin wallet address indicated on the modal window. You may also use your phone for making a deposit by scanning the QR code. Deposits are usually instant. You need to have your deposit confirmed at least once before you can make a withdrawal.
For withdrawals or cashouts, the process is similarly quick and easy. You just have to enter the amount you want to withdraw and your bitcoin wallet address. You have an option to receive an SMS or email once the payment is made. There are fields in the Cashout window for entering a mobile phone number and email address. By default, the email address you entered during the account registration process will be the address used here. However, you can change it if you want. A transaction fee of 0.0001 BTC is automatically subtracted from every withdrawal.
As mentioned earlier, BitBlackRed does not have a free bitcoin faucet and Demo mode so you really need to make a deposit if you want to play. For the uninitiated, a free bitcoin faucet is a feature that grants free small amounts of bitcoins or satoshis to players at specific time intervals. We did some research and learned that the site used to have a bitcoin faucet referred to as “Crazy Moment,” which used to give free bitcoins of 0.1%-5% of the last bet made every 10 minutes. However, we could no longer find this faucet at the time we did this BitBlackRed review. The last time the faucet was discussed on the BitBlackRed thread on Bitcointalk was in January 2015.