However, Wheel of Bitcoin is not really a bitcoin betting site. It’s not the typical BTC gambling game you may have in mind. It’s not the bitcoin counterpart of Wheel of Doge. Despite all of the enticing words written on its homepage, if you are looking for a full-fledged online casino or BTC gambling site, it would be better skipping this Wheel of Bitcoin review and look for other options.
Wheel of Bitcoin is part of a group of bitcoin faucet sites with different strategies for attracting new players or members. It is basically a site created for those who want to earn some bitcoins without having to gamble anything. It also offers a number of other good points, in addition the fact that you don’t have to register for an account to start spinning and earning bitcoins. The site allows you to get bitcoins, albeit in very small amounts, that you can accumulate to something that can be useful in the future.
Wheel of Bitcoin is a very simple game. You just have to spin and win. The game’s colorful wheel has 8 sections with the following prizes: 5, 10, 15, 20, 25, 30, 35, and 40 satoshis. Spin and win any of these. There is no losing spin. You are bound to get at least the minimum prize every time you spin. In our experience, it’s actually difficult to win an amount higher than 20. Well, maybe luck was just not on our side as we did this Wheel of Bitcoin review but that’s what we experienced. We are not saying, though, that the system is rigged to only yield low prizes.
Before you can make a spin, you need to choose the “power” of your spin. It’s either Low, Mid, or High. Just like in a real wheel, if you spin with High power, the wheel will turn faster and longer. If you spin low, it will turn a little slowly and in a shorter duration.
One thing we just have to complain about the game is the need to do a CAPTCHA before every spin. This CAPTCHA, based on our experience, takes a few seconds to load. Well, it’s not as fast as the other CAPTCHAs we have encountered in other similar sites or bitcoin faucets.
Obviously, the currency on Wheel of Bitcoin is bitcoin, usually expressed in satoshis. There are no other currencies used in the site.
There are no deposits to be made on the site. As mentioned, you just have to enter your bitcoin wallet address and all of the bitcoins you win from spinning will be immediately sent to that address. There’s a specific amount you need to accumulate, though, before the bitcoins or satoshis you win are sent to your bitcoin wallet address. This amount is 5430 satoshi.
If you want to get your winnings instantly, you have to get a Xapo email account. If you entered an email address (not a Xapo address), you will get an email notification every time you win satoshis. This notification has a Claim button (as shown below) that actually directs you to the Xapo website for you to create a Xapo account and claim your winnings. Essentially, entering your email address (instead of creating and entering a Xapo address or just entering a bitcoin wallet address) is just going to prolong the process. It would be better to just create your Xapoaccount and use it if you don’t have a bitcoin wallet address or if you don’t want to use it on the site.
In summary, you have three options for creating your account (and automatically logging in) but only two of these options allow you to claim your winnings.
Entering your email address – This is the fastest way to create your Wheel of Bitcoin account but you will eventually have to create a Xapo account to be able to claim your winnings. There’s no other way to claim your winnings other than the creation of a Xapo account. You can’t use a bitcoin wallet address through this option.
Creating a Xapo account and entering your Xapo address – As mentioned, this option allows you to instantly get your winnings.
Entering your bitcoin wallet address – With this option, your spin winnings are going to be transferred directly to your bitcoin wallet address but you have to accumulate a minimum of 5430 satoshis first before a transfer can be initiated.
20% of all referred sessions
- No registration required
- 20% share of the bitcoins earned by referred players
- No losing spin
- Not a full-fledged bitcoin betting site
- Slightly lousy wheel animation
- Low prizes (5-40 satoshi)
- CAPTHCA loading time is slightly long