We all know that gambling can be great fun, whether it’s in a brick and mortar casino, or online from the comfort of our home. Of course, there are plenty of different options that we can take advantage of when it comes to choosing a casino. But nowadays, in addition to the games you choose, you also have the option of deciding which currency you want to pay with, and how you want to pay. Luckily, gambling with bitcoins gives you a neat package that rolls both the currency and the payment method into one secure bundle, saving you time, effort, and money.
But how does it all work? This is a fair question, seeing as how it looks quite complicated from the outside. People throw around phrases like “cryptocurrency” and “digital payment methods” without explaining exactly what they are and how exactly online Bitcoin gambling works. But never fear, as we have just the thing to help you. Here, you’ll be able to find out exactly what this new form of online gambling is all about, where you can try it out, and how you can improve your online gambling experience by claiming your some free BTC. Gambling online has never been easier! So, let’s take a closer look at what all the fuss is about.
It’s all good and well telling you the places you can play at using Bitcoin. But the question that arises is exactly do we mean by Bitcoin and Bitcoin gambling in general. In a nutshell, here’s the breakdown.
Bitcoin is a digital currency that is not issued by any central bank. Instead, it is a peer-to-peer payment method that lets users pay each other directly without having to go through a middleman. This means that, if you decide to try out gambling with Bitcoin, you’ll save on fees, waiting time, and grey hairs.
Users who offer server space to process payments are rewarded for their efforts – they “mine” Bitcoin, meaning that every so often (every 10 minutes at the moment) a certain number of bitcoins are issued to miners. This requires a lot of computational effort however, and there are easier ways of getting Bitcoin. Gambling websites, for example, often have excellent bonus offers available for their players. Of course, there’s always the additional option of playing for big wins when you get down to it. Finally, you can also buy bitcoins at dedicated Bitcoin exchanges, where you can find people who are willing to sell to you in exchange for another currency.
Once you’ve got your first batch of bitcoins, there are a lot of benefits that will become immediately apparent. The first is that all your payments will be processed within minutes. This applies to both deposits and transfers, so if you’re gambling, Bitcoin may well be the best currency to choose. Since it’s so quick, it’s also very secure. There’s a minor theoretical chance of something going wrong, but it’s so unlikely the risk is practically negligible. And, since it’s a direct transfer to or from another Bitcoin user, you don’t have to pay bank fees, whereas any transactions fees you do pay tend to be very low compared to what you are probably used to. All in all, it’s a pretty good deal.
Many bitcoin gambling sites accept multiple cryptocurrencies, and are not just limited to Bitcoin, however many of the best sites have Bitcoin as the sole deposit option. This means that they don’t have to worry about processing a whole bunch of different currencies, nor do they have to provide a range of different payment methods, since there’s only one (very simple) method with bitcoin. Simplicity is often the best solution, and there’s no simpler way to play online than by using bitcoins.
There is of course the question about whether you’re allowed to indulge in bitcoin gambling. Legal questions aside, you’re not going through any banks or getting involved in any illegal transfers of money, since you’re not using the state banking system. In places like the UK and the Nordic countries, where online gambling is strictly controlled, this can make life a bit easier. As ever, make sure you check up on the legality of online gambling of any sort in your jurisdiction to be on the safe side.
After you’ve bought or earned your first bitcoins, what do you do next? Well, there are a few things that you can do whilst you’re deciding on your preferred bitcoin gambling website, one of which is to check out our site and see what sort of casinos are available to you.
As with any casino, whether it specializes in Bitcoin or regular currencies, you should make sure that the security features are up to scratch, that the software supplier is trustworthy, and that the casino is running on a respectable and stable platform. We cover all of those points in our extensive reviews, so take a look at them and see what we have to say. We’re pretty sure you’ll find something to help you as you choose the best bitcoin gambling site for you.
Another thing every keen gamer will be looking for is extra bonuses. These work in much the same way as a bonus you’d get at a regular currency online casino, except that everything is denominated in Bitcoin. You still have to meet the wagering requirements that are standard at any casino, but these requirements tend to be lower on bitcoin gambling sites, which is always good news. This basically means you can get your winnings more quickly and with less fuss, isn’t that what we all want?
The meeting of bitcoin and gambling certainly means that there will be some very exciting developments in the near future in the online casino world. While not every casino is offering this facility to players yet, it’s only a matter of time before more online gambling portals offer this as an option as they work to give the players what they want. In the meantime however, check out our list of trusted partners and see if there’s anything that takes your fancy. There’s definitely plenty here that appeals to us, and we think you’ll like some of the casinos on our bitcoin gambling list.
Making sure the casino you’ve decided to try is the right place for you can be a time-consuming experience. After all, you want to make sure that you’re getting the best bang for your bitcoin, and ensure that your winnings stay with you, rather than being stolen due to playing at a shady establishment. Luckily, choosing the best bitcoin gambling site just became a lot easier.
All you have to do is browse through our list of extensive reviews and choose the casino that seems to suit your requirements best. Every bitcoin gambling review we have on our site is a fair assessment of our partners. We check out absolutely everything and bring you this information to help you make an informed decision about where to play. The online gaming industry is a brave new world, and it’s up to you to grab the opportunities available with both hands. So what are you waiting for? You can start your Bitcoin online gambling adventure today by choosing any of our trusted partners. Go on, give them a spin!