If you are new to this site, you have probably seen all of the reviews of different Bitcoin casinos and other online gambling establishments that accept this cryptocurrency. While you may or may not have been aware that there were such things as Bitcoin Casinos, you have most likely heard of Bitcoins themselves.
This article is to inform those making the leap into gambling at Bitcoin Casinos, and let you know a couple of things about this digital currency and using it at Bitcoin Casinos online.
If you have some time to waste, are looking to test your skills, looking to have fun playing games of luck, or want to make a bit (or a lot) of money playing online casino games, you should look into Bitcoin Casinos over that of traditional casinos.
Benefits of online gambling, wagering, and playing games are worth while. You can save a ton of gas money, save driving to another state where you are legally allowed to gamble, you can play online from your own home, you can deposit and cash out conveniently, and you can use the accessible digital currency of Bitcoin.
Bitcoin’s value continue to rise, surpassing the value of Gold even. When you consider the advantages of using Bitcoin and playing at Bitcoin casinos online, it is a no-brainer, especially if you live in countries such as the United States, where gambling is prohibited in nearly all states, including online.
So, here are some things you should know about Bitcoin Casinos:
- It is legal
- There are a ton of games to play and bets to wager on
- It is much faster
- It is anonymous
Gambling is a great way to entertain yourself — most of us cannot make it to Vegas or Atlantic City and more importantly, don’t want to, in order to gamble. There are casinos in a lot of states beyond the AC and Vegas, though — however, when it comes to gambling, every player wants to make sure they can engage in fair gameplay and do so without getting into trouble.
In the U.S. and other countries where online gambling is often restricted, you can get around this issue via Bitcoin Casinos. Bitcoin is a gray area when it comes to gambling — Bitcoin is not regulated like traditional online currencies and Bitcoin casinos are also not regulated like regular fiat (hard currency) casinos.
This means that players from the U.S., U.K. and other countries that are typically restricted from gambling online, are legally allowed to sign up and gamble using Bitcoin. Furthermore, Bitcoin itself is anonymous — you don’t need to attach a name or bank account to your Bitcoin e-wallet, so you can use this cryptocurrency anonymously at online Bitcoin casinos.
Huge Range of Games
Bitcoin casinos are known for having a massive amount of games to choose from. The game type with the most variants to choose from is typically slots, but from video poker, table games, live games, card games, dice, specialty games, and other classics, you can get any game you can play in brick and mortar casinos — and then some.
Many Bitcoin Casinos also have sportsbooks or you can sign up at a Sportsbook and Racebook that features casinos games as well. Either way, you can bet on just about anything.
Bingo, blackjack, dice, roulette, craps, baccarat, poker, live games, slots, lottery, and hundreds of variants, you will definitely find a variety of entertainment options at Bitcoin Casinos. Some online casinos are better than others, so be sure to check out our reviews before committing to one.
One of the great aspects of Bitcoin Casinos is the speed of transactions. Bitcoin is a cryptocurrency that lives in the digital world — through e-wallets, they allow for instantaneous deposits and withdrawals.
You don’t have to worry about waiting for credit card transactions, contacting your physical bank, or working around your bank’s open hours — Bitcoin is 24/7/365 and is always available to be deposited and cashed out immediately. It is safe, anonymous to use, and is rising consistently in value over that of hard currency.
In addition to avoiding banker’s hours, when you do win and wish to withdraw your funds, you can do so much more readily with BTC. credit cards can take 3 to 7 days (sometimes more) to process (depending on the online casino), but Bitcoin is typically instant and at the most would take 12 hours.
When it comes to gambling, it sucks being treated like anything but an adult. One of the more important things to know about Bitcoin cryptocurrency is that you won’t run into any problems using it to gamble.
Some credit reporting agencies and banks who issue you credit cards may downgrade your credit for gambling. They can also flat out deny you the ability to deposit to an online casino if you use your credit or debit card.
Bitcoin is anonymous and doesn’t have to tie back to you at all – there is no personal information, no name, no address, no anything. If you don’t want someone asking you about your gambling habits during your next loan application and wish to separate your regular life and gambling life, Bitcoin is the way to do it.
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