Online Casino and the use of bitcoin

Bet On Bitcoin

Just a few short years ago, only a handful of people know about Bitcoin. It was the territory of the tech-savvy, but the impact of BTC is not something we should be quick to underestimate.

Today, more people have their eye on the cryptocurrency, and you can use it to buy a whole range of services and goods online. Even the world of online gambling has embraced Bitcoin. In fact, Bitcoin just seems to be a natural fit for online casinos and a range of other gambling platforms.

An Introduction to Bitcoin

The very first BTC betting platforms were pretty simple. They offered popular games like dice and other easy-to-develop games. Today, things are different. You can now find a whole lot of fun games to play at bitcoin casinos like Playamo and Bitstartz.

One of the most exciting things about Bitcoin betting, though is when you bet in Bitcoin, is kind of a way of betting on Bitcoin. For example, if you received 1 BTC from Bitstartz in December and won 0.5 BTC that means you invested $3,000 at the time and won $15,000. That’s pretty impressive!

While there are several Bitcoin casinos online already, we’re confident more and more platforms will start to support the cryptocurrency for its anonymity, convenience and investment opportunities.

The Best Bitcoin Casinos

Bitstartz is a rare site that offers an exciting no deposit bonus. New players can grab 20 free spins without even having to deposit their BTC. All you have to do is sign up with a valid email address. Then, when you’re ready to start playing for and winning real cryptocurrency, all you have to do is deposit BTC and start wagering.

BitStarz Casino Review

Welcome Offer

$/€400 - 100% MATCH BONUS + 200 FREESPINS

95%

Our Rating

20

Minimum Deposit

200

Free Spins

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At this casino, cryptocurrency players can look forward to a generous welcome offer, instant BTC deposits and withdrawals and a super site to boot.

If you want more Bitcoin casino free spins, be sure to check out Playamo online casino. There are tons of fun and lucrative games, fast money transactions, far games, live chat support and, of course, the casino supports BTC. Again, you can look forward to instant payments and withdrawals, helpful support and a fairly decent selection of accepted cryptocurrencies over and above BTC.

Playamo Casino Review

Welcome Offer

100% match deposit up to $/€500 + 100 Free spins

91%

Our Rating

10

Minimum Deposit

150

Free Spins

Claim Bonus

 

Fair Gaming with Bitcoin

One of the number one reasons so many online casinos are working with BTC is that the cryptocurrency provides a fantastic opportunity to create provably fair games. It’s all part and parcel of the blockchain technology, verifying fair play with every deal of the cards, throw of the dice and spin of the slot reels.

It means you can rest assured that you’re not being cheated when you gamble online with BTC.

Funding Your Casino Account with Bitcoin

Of course, you need Bitcoin if you want to use it as your preferred casino deposit method. If you don’t already own BTC, you need to create your very own Bitcoin wallet. There are tons of excellent websites from which you can obtain your Bitcoin wallet. A few popular options include bread Wallet for Android and iOS, blockchain.info for apps and desktop and Trezor Hardware Wallet. Whichever site you use, you’ll receive an individually numbered Bitcoin wallet that is completely unique to you.

Once your wallet is sorted, you can purchase the cryptocurrency. Again, there are plenty of websites, called Bitcoin exchanges from where you can buy your BTC.

Once you’ve set up your wallet and filled it with your desired amount of BTC through a legitimate exchange, it’s time to head to an online casino that accepts Bitcoin. It gets even easier from there.

Pick a site like Bitstartz or Playamo and head over to the virtual cashier. Choose BTC to fund your new account and make a note of the site’s Bitcoin address. You can then send the amount of BTC you want to deposit via your newly created wallet to the casino’s Bitcoin address. Check out our article on how to deposit $1 into Bitstarz.

The Benefits of Gambling with Bitcoin Online

The number one benefit of gambling with BTC is that transactions are not rerouted through a central banking system. They’re actually logged in the blockchain immediately, making this one of the fastest ways to fund your online casino account.

What’s more, your Bitcoin wallet has a unique number. It does not have your name or any other personal details. So, making a deposit with Bitcoin is completely anonymous, safe and ultra-secure.

On the whole, BTC casino deposits are anonymous and lightning-fast. Also, most online casinos don’t charge any fees for your BTC transactions, which can’t be said for other traditional casino deposit and withdrawal methods.

The fact that gambling with cryptocurrency is completely anonymous and more secure than any other casino payment method is making sure more and more players are turning to BTC both to play with and as a long-term investment opportunity.

Have you tried playing with Bitcoin?

 
 
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