Online Casinos Accepting Bitcoin
Once you get over the initial shock of living in the digital age where sometimes simple traditions are fading fast and quickly, you can then start to embrace the limitless possibilities that come with it. One of which is the use of the digital currency called Bitcoin. Online casinos accepting Bitcoin as a payment method offers an instantaneous, flexible and private way to gamble online. While Bitcoin realization and acceptance is on the fast track to longevity, there are still some concerns looming out there as to why Bitcoin should be used as a payment method at all.
Why Should You Use Bitcoin?
One of the most appealing things about using Bitcoin is that you have the option to be anonymous when transacting online. While anonymity is not 100% using different online wallets, it is as close to that 100% as possible. Something to keep in mind is that everyone that wishes to remain anonymous while online are not always up to no good. The fact that Bitcoin can take the place of having to enter your personal credit card or bank account information online is a major benefit in itself. Another thing to take into consideration is that when using Bitcoin, you will notice lower fees (or no fees at all) per transaction. This is simply because using this cryptocurrency is not linked to your identity unless you make it that way. It is pretty straight-forward and companies have eliminated the risk of getting a charge back on delivered digital goods or services if they accept Bitcoin online. When it comes to privacy, you can enjoy your gaming experience without casino charges showing up on your credit card or bank account statement. Whether you are an established online casino player who is familiar with Bitcoin or if you are just someone who likes to gamble online and appreciate privacy, you do have options. This list of top online casinos are great choices for you to consider.
Which Casinos Accept Bitcoin?
When you choose Bitcoin from the main menu at the following top online casinos, you will be shown how simple the process really is. If you prefer reading, there is a short step by step guide of four steps to get you started. If you are not much of a reader, they have a video for you to watch instead. The use of Bitcoin requires no fees for the most part and even on the rare occasion that you see merchants charging fees, those fees are mere pennies that won’t break the bank. You can also find promotions made specific for players using Bitcoin.
The minimum deposit and withdrawal amount when using Bitcoin at Bodog Casino is $20. The maximum on deposits is $5,000 and $3,000 on withdrawals. Visit Bodog Casino
The minimum deposit and withdrawal amount when using Bitcoin at Bovada Casino is $20. The maximum on deposits is $5,000 and $9,500 on withdrawals. Visit Bovada Casino
The minimum deposit and withdrawal amount when using Bitcoin at Ignition Casino is $20. The maximum on deposits is $5,000 and $3,000 on withdrawals. Visit Ignition Casino
The minimum deposit and withdrawal amount when using Bitcoin at Slots.Lv Casino is $20. The maximum on deposits is $5,000 and $3,000 on withdrawals. Visit Slots.LV Casino
The minimum deposit and withdrawal amount when using Bitcoin at Cafe Casino is $20. The maximum on deposits is $5,000 and $2,500 on withdrawals. Visit Cafe Casino
Hmm, I find this interesting.
I am not gonna lie, I gamble here and there, not gonna lie.
I find it very interesting that there are casinos who would accept bitcoin as payment/deposit.
I will definitely have to check them out.
We are all gamblers one way or another in this life. It’s not necessarily going to be when one uses money before such person would be regarded as a gambler.
But it’s important to know how to be wise when it comes to gambling and I seriously wouldn’t recommend using bitcoin or any other cryptocurrency to gamble because it’s far more valuable to be wasted while gambling. It’s better to use just fiat currency to gamble.
I find the idea of gambling away your bitcoins completely repulsive. What is the probability of winning in a casino? Completely zero. Why would you want to loose your valuable bitcoins that will rise in value in the next week,month,year…? Makes no sense to me! Gamble money by all means because it decreases in value because of inflation. I can assure you will get more value if you hold onto your bitcoin, for one more week, even if you win the bet. However the risk is too high.
While I agree with part of what you say, I would personally rather gamble my USD then BTC as next month $100 USD will still likely be $100, where as $100 in BTC could possibly become $200.
As far as the probability of winning in a casino being “completely zero”, I personally know many people who have won and cashed out playing both online and land based. The casinos listed above are licensed in various jurisdictions and run legit software.
But I completely understand your point. It comes down to ones personal savings goals, but for myself, just holding is usually the best bet!
It’s heart and being able to take risk before one can be a good gambler. It’s not that I’m advocating for all humans to become a gambler but I have seen lots of people who have become millionaires through gambling and those it rendered utterly useless.
My take on gambling is that one should gamble with what one can afford to lose and not feel too bad about it. It’s called being a responsible gambler and it’s the only way to survive the threat of being ruined by gambling.
I understand the stance when it comes down to gambling bitcoin.
Bitcoin is so hard to get and gambling it away is a HUGE risk.
Also, as the basic economy principle says, with more risk comes a more chance of huge payout.
It really depends on the person.It can lift you up and kick you all the way down.All about luck when it comes down to gambling and little bit of brains, so overall advice of mine would be to avoid gambling it.
It takes lots of guts and being a good risk taker to succeed as a gambler. I can remember when I was introduced into gambling, I almost developed high blood pressure when I placed a huge stake of money but I was lucky not to have lost because I would have been in a serious financial problem.
@jaymish I seriously wouldn’t gamble a single bitcoin of mine in casinos or any other gambling platform because the worth of bitcoin is far more valuable and important than that of a real currency. The appreciation rate of bitcoin is what makes it better than ordinary currency, so it’s very important to hold onto one’s bitcoin and gamble with just cash.
I have never played casino games by paying it bitcoins. However, I have uzed bitcoins indirectly to play casino games. Usually, I send my btcoins to my skrill account. When I send bitcoins to skrill, BTC will be converted to USD, Euro or Pound automaticallt. Skrill is accepted as a payment option on many casinos. Next time I am playing casino games, I will make sure to choose one of these casinos.
Skrill is a good online money platform, it’s somehow related to PayPal, even though I haven’t used it yet for any form of transactions, but I’m sure that those who have used it for one transaction or another are satisfied with its services.
I also don’t do betting but I’m currently looking into Matched Betting for some additional income. I hear they are on the safe side. Having Bitcoin or other Crypto as an alternative payment would be a good thing for me.
How I wish I’m the gambling type, I would have taken the opportunity provided with some of these casinos to make a few bucks.
But casino is just not my thing, the only gambling I’m comfortable taking on is sports (soccer) betting. I actually staked Real Madrid beating Bayern Munich and I won $200.
Ah, tbat is good to hear, as I am Real Madrid fan, and I did the same 🙂
I really have mixed feelings about betting with a bitcoin.
If I came into that temptation I really do now know what would I do.
It is so tempting to gamble them and potentially make thousands and thousands dollars, or lose everything…
Gambling can go wrong from the first minute of placing the bet and it may also go wrong at the dying minutes one would have concluded to have won the money. It’s actually why it’s always encouraged to bet what one can afford to lose should things go wrong at anytime.
Betting, especially on casinos, is very risky. It’s like you’re playing just to make the casino richer. They have the odds in their favor because they hire someone to compute a probability in their games that favor the casino.
I also do sports betting. I am quite familiar with NBA matchups and I only do it occasionally.
This is a good step forward for cryptocurrencies. Organizations are slowly accepting them because they are now realizing the convenience of using them as an alternative to traditional payment. What I like about cryptocurrency payments is that you remain anonymous during transactions.
Organizations are mostly not accepting them because they do not know what are they going to do with them.
Most organizations have never traded with a bitcoin and it is not surprising why would they not accept it.
It’s mainly online shopping platforms that are accept bitcoin in paying for transaction. These platforms now in turn takes it upon themselves to buy from multi national corporations and still trade in bitcoin in open exchange markets. The only way organizations are going to accept bitcoin is when government approves the use of bitcoin and other cryptocurrency as a legitimate currency for paying for goods and services.