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Is it possible to Gamble with Bitcoins? – 2020 Guide

What is the best way to relax, no matter if you are alone or with your friends? Playing some great online games or even hitting the casino and gamble a little bit. This type of activity lets us deal with our stressful lives and even earn some money in the process.

When the casinos became popular, we knew that we had to get up and go there. The internet changed all that and now we are able to gamble from the comfort of our own homes. There are so many different games available online, that you won’t have to worry if you can find the perfect game for you. No matter if you like simple games like slots or if you want to focus on something like poker or blackjack, you can find it all in both land and online casinos.

The internet changed a lot of things. We had to have the cash to be able to play games and now we can just put our card details and don’t worry about not having change for the next slot machine. However, this begs the question, with the rise of bitcoins, is it possible to gamble with that currency?

It’s a fact that bitcoins are making our lives easier and now let’s talk if there is an option to combine casino games with them.

Gambling with Bitcoins

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The short and easy answer is that yes, you can use bitcoins to gamble. However, before you start doing that online, first you need to buy that particular currency or other digital currencies that the online casino accepts.

Many of the places double as faucets and when you register on their website, they will refer you to play a new game. If you don’t have the currency right now, you can get an account on any website that offers bitcoins. You can acquire the services of a bitcoin provider or you can even buy them from a friend or someone you know.

Another great thing is that when you go to a website that allows these games, most of them will let you have a few bitcoins for free. You just need to click the link on their website and you will be redirected to a page that will give you some amount of coins. It is really important to be careful at this step. If you don’t trust the website or if it is something that a random person sent you, it may be a virus or a bug that can do more harm than good.

Advantages of Bitcoin Gambling

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The cryptocurrency gives so many advantages that work in favor of both the operators and the players, and because of that many people say that bitcoin is a natural match for the art of online gambling.
Now let’s see what are the main advantages and why you should consider these currencies instead of the card with your country’s currency.

However, you should know that some of these benefits will be available to you only if you sign up for a platform that works only with crypto, so have that in your mind next time you sign up to a new website.

Privacy

There are a lot of people who don’t like sharing their name or any other personal details, so if you want to stay anonymous, crypto is the way to go. When you choose websites like these, then you won’t be bothered with any requirements or KYC procedures.

Most of the BTC operators will not have any questions for you. This is a great option for people that live in countries where online gambling is not legal. However, if you are unsure if it is legal for you to use online gambling websites or not, it’s better to do a research or consult with a lawyer, just to stay on the safe side.
If you are living in the US, then you are one of the lucky ones! BTC will allow you to have fun and play in online casinos without any restrictions!

Low Transaction Fees

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Have you ever had to pay fees that are so high that you were even considering to stop playing? Well, with cryptocurrencies you will not have to worry about that. The fees are pretty much non-existent and most of the operators will cover them on your behalf.

Another thing that is great for you is that the platforms have lower costs when they develop a cashier section, so they can provide lower margins and better odds for the players. The bottom line is that if you use BTC when playing online casino games, you have better odds of winning.

Speed

Wire transfers take time. We know that, we’ve experienced that. And sometimes you don’t have that much time to wait. The same things sometimes can happen with other traditional payment options like debit and credit cards.
The great thing about BTC withdrawals and transactions is that it will be done in seconds. You can put your money in and you can get the money you’ve made whenever you want. You won’t have to wait for hours and even days to get your money.

Security

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When you use traditional gambling websites, there is always a risk of someone hacking into your account. If you haven’t experienced that, chances are, you know someone who has. And that is probably the worst thing that can happen to you when you use an online gambling site.

Smart Casino Guide adds that when you use a crypto wallet properly, the risk comes down to pretty much zero. You will not have to worry about someone hacking in it and sharing your details with anyone. People who use BTC say that their funds are protected and they can do whatever they want without worrying about someone getting their account details.

Promotions

Did you know that BTC users get some of the biggest poker, casino and sportsbook bonuses? They are available to them only!

And when you compare the amount of extra cash that you will be getting to the small gifts you may sometimes get when using a traditional payment system, there is no debate! You will be amazed at how much extra money and bonuses you can get when using BTC.

It’s Tax-Free

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This is something that not everyone knows about. When you use Bitcoin, you are not required to pay or declare anything to the state.

However, there are some governments that are trying to change that, so try and keep up to date with the laws in your country.

For now, you can enjoy BTC gambling without taxes in every country in the world.

Have you ever used bitcoins to gamble before? What do you think of the process, is it something that you will continue to do?

At the end of the day, online games are made for us to have some and distract us from current issues. However, you should always be smart when using online casinos. Use only trusted websites and be careful where you put the information. If you notice that something is not right or if you notice that you are being charged more than you should, contact your bank and contact customer support of the website.

Always be smart and safe when playing casino games and use bitcoins wisely. They are made to ease the whole process and allow you to be able to play without worrying about other things.

About Iva Stephanell

Iva Stephanell