Coinroll was introduced in April 2013 and is regarded as one of the first off-the-chain bitcoin gambling sites. Despite being relatively new in the online gambling business, it offers features that are bound to attract new players. For one, it has a high payout percentage or low house edge. Its minimum deposit requirement is basically just 1 satoshi. It also accepts players from the United States and other parts of the world.
Additionally, Coinroll is cryptographically verifiable. The fairness of the game can be proven by any player or anyone interested in whether or not the results on Coinroll are being manipulated. This gambling site also provides an API for advanced players.
Get to know more about Coinroll through our in-depth Coinroll review.
Coinroll has 8 predefined games that come with varying win odds, multipliers, and maximum bet limits. The pre-defined games are shown in the screenshot below. It’s similar to how other bitcoin dice games work. You just have to choose a game, input your bet amount, and click on the Roll button. The highest possible prize you can win is your bet amount (maximum of 0.000012) multiplied by 64,880.
You have the option to create a custom game, wherein you can enter a number between 1 to 64,000 as your prediction (that coin roll result will be less than the number you set). The win odds, multiplier, and maximum bet amounts will then automatically be adjusted. However, the maximum prize that can be won will not change. The custom game only allows you to make a bet lower than 60,000, which results in a lower multiplier and a slightly higher maximum bet. The lowest bet amount you can enter is 0.00001 BTC.
The custom game you create, by the way, can be added to the list of pre-defined games on the game interface. Just go to the lower right corner of the game page and add the custom game you created. This makes it convenient to repeatedly play your custom game without having to enter your custom number over and over again.
Coinroll is a bitcoin-only dice gambling site. You can only make deposits and withdrawals in bitcoins.
Making deposits is a straightforward process. You just have to click on the blue Deposit button to see your personal deposit address. You can also click on the Show QR Code button to display a QR code you can scan with your mobile device to make it easier making mobile bitcoin deposits.
When it comes to withdrawals, a minimum withdrawal amount of 0.0000543 BTC is set. This withdrawal amount also cannot be less than 10% of the balance you have in your account. As such, you can only make withdrawals if you have a balance of 0.000543 BTC. Making withdrawals, just like in making deposits, is similarly fast and straightforward. You just have to enter your bitcoin address and the amount you want to withdraw.
Coinroll allows players to make unconfirmed deposits and play right away. However, these deposits need to be confirmed before withdrawals can be made. If you deposit 5 BTC or less, you need 1 confirmation. If your deposit is higher than 5 BTC but less than 20 BTC, you need 2 confirmations. You will require 3 confirmations for deposits higher than 20 BTC but lower than 580 BTC. On the other hand, if your deposit is above 50 BTC, 6 confirmations will be required.