If you are a Bitcoin enthusiast and have been wondering whether you can use this user-friendly payment method during your online casino gaming periods, then this is the perfect brief overview for you.Gambling with Bitcoin is now not only a significant possibility, but also pretty popular nowadays. Moreover, Bitcoin casinos offer better welcome bonuses if you decide to use Bitcoin as your payment method.
If you are new to the world of BTC, but want to get acquainted to Bitcoin as an online casino payment method, then read the rest of this article to clear your doubts and start gaming.
How to Gamble with Bitcoin?
Gambling with Bitcoin has indeed become easier now with the increase in the number of online casinos which support this particular payment method. Bitcoin is now an available currency in several online casinos which have also curated special “BTC Games” and “BTC Bonuses” for the takers.
In order to gamble with Bitcoin, you first need to find a licensed and registered trustworthy online casino which accepts BTC and go ahead with registration and successful login along with the welcome bonus.
Sign Up and Open an Account
Opening an account with a BTC casino online is the first step towards gambling using Bitcoin. There are two kinds of online Bitcoin casinos – ones that require registration (KYC is a pre-requisite) and ones that let you play and buy products directly from your BTC wallet. This helps you remain anonymous.
Pick the Games or Products You Enjoy
Bitcoin allows you plenty of options. You can select amongst online casino games such as blackjack, roulette, slot machine games. You can also bet via online sports-betting websites using BTC. Poker rooms also allow you to conduct real money play using BTC. Stick with the gaming you would like to be a part of.
Cash Out Your Winnings
If you have finished an online session of gambling, then you can immediately go to the ‘Cashier’ section and withdraw your earnings. BTC allows you to withdraw and send your earnings to your BTC wallet immediately without any additional charges.
Bitcoin Gambling Sites – How to Choose the Best One
Picking a reliable gambling site is one of the foremost steps when it coms to playing with Bitcoin. Gambling sites can come in different shapes and sizes, but it is essential to pick BTC casinos online that are licensed, trustworthy and have a large array of games and plenty of good bonuses. Take a look at what is essential in choosing a good Bitcoin gambling site to invest in.
Choosing a Reliable Bitcoin Gambling Site
There are so many online BTC casinos today that is becomes a real mess when you need to choose amongst them.
What you need to check first is the reputation of an online Bitcoin gambling centre. Choose gambling sites that have certifications and licenses and good customer reviews.
1. Quick and Easy Transactions
Bitcoin makes it possible to conduct simple and fast transactions without additional charges attached to it. You can deposit and withdraw easily by linking your BTC wallet to your casino account. You might still get KYC and AML checks sometimes. Also, note that not all online BTC casinos enable anonymity even if you use BTC.
2. Variety of Products
Check that the online BTC casino you choose has a variety of casino products for you to provide your attention to. Players who want to bet on mainstream sports or even rare sports events must check out equivalent sports-betting sites dealing with Bitcoin. Take a look at whether such online casinos also have a ‘BTC games’ section for added effect.
3. Responsible Gambling
Always opt for BTC gambling sites which have Responsible Gaming options in place along with betting and time limits.
4. Reliable Customer Support
A 24×7 customer support system via telephone and email is an essential part of a good BTC casino. It is also important that the personnel know about cryptocurrency to help you out better.
Is Gambling with Bitcoin Legal?
Yes, gambling using Bitcoin is completely legal. You can place a bet using BTC at any online casino that supports that particular payment method. It is always better to opt for licensed online gambling hubs.
Pros and Cons Using Bitcoin to Gamble
Take a look at the pros and cons of using Bitcoin to gamble.
Bitcoin Gambling Pros
The pros of using Bitcoin in gambling are as follows:
1. Highly accessible and with fast transactions
2. Very secure (based on blockchain technology) and without additional charges
3. Transactions are anonymous
Bitcoin Gambling Cons
The cons of using Bitcoin in gambling are as follows:
1. Cryptocurrency is dynamic and the storage must be taken into account
2. It is market-based
3. KYC and AML checks might still be a part of Bitcoin-based gambling
Bitcoin Gambling Types
You can use Bitcoin to gamble in online casinos, sports-betting sites and online card games (like poker).
Bitcoin Casinos
Bitcoin casinos have been revolutionised. Now, you can easily convert your real money into BTC. You can also convert FIAT currency to Bitcoin simply. Playing using mBTC or mili-bitcoin is also a possibility as it helps you budget. Some popular Bitcoin online casinos include BitStarz, Bitcasino.io and 1xBit.
Bitcoin Poker Rooms
Fancy a game of Texas Hold’em or some Omaha using BTC? You are in luck because now poker rooms allow Bitcoin card rooms where you can play using BTC.
Bitcoin Sportsbooks
Bitcoin is especially popular in online sports-betting websites. Similar to real money sports-betting, you get to bet through BTC and get payouts in a similar vein. Some popular Bitcoin Sportsbooks include Sportsbet.io and Cloudbet among others.
BTC Bonuses for Sports, Poker, and Casino
BTC Casinos that operate online offer some of the highest bonus offers, irrespective of whether you are betting on sports, playing poker or spinning wheels. There are welcome cashback bonuses that offer 100% refund up to 5 BTC. Free spins and free wagers are also a distinct feature of BTC bonuses. VIP or loyalty programs are also better for BTC players at times.
Bitcoin Crash, Rocket and Dice
Bitcoin casinos are famous for their proclivity for crash, rocket and dice among other games.
Bitcoin Crash: A projectile soars upwards and will inevitably crash. You have to ‘bail’ at any moment and if you do so before the crash, then you will get a payout equal to your wager x the multiplier.
Bitcoin Rocket: Similar to Crash, here the projectile is replaced with a rocket.
Dice: Choose numbers to bet on – under 50 or over 50.
Bitcoin Gambling Apps
Several Bitcoin casinos do have apps – Android or iOS and if you want to, you could definitely go for them.
Crypto Games and Products
Crypto games include regular online casino games such as pokies, live table card games, bingo, lottery, scratch cards, blackjack, video poker, roulette, keno, craps as well as specialities such as crash, rocket and dice.
Bitcoin Gambling Conclusion
Bitcoin is the future of online gambling. It enables anonymity and superior security and enables you to get instant payouts. Try it out, eh?
FAQs
Can I use Bitcoin to gamble?
Yes, you can use Bitcoin to gamble in casinos where BTC is a valid payment method.
How does Bitcoin gambling work?
Bitcoin gambling works via online registration at BTC approved casinos or by linking your BTC wallet to the casino account.
What casinos take Bitcoin?
Several casinos such as BitStarz, Cloudbet and so on offer Bitcoin gambling.
Should I try other cryptocurrencies besides Bitcoin for gambling?
Yes, you could try Litecoin, Dogecoin, Ethereum and so on besides Bitcoin for gambling.
What is the best Bitcoin gambling website?
Check out BitStarz because it never falters!