Bitcoin Gambling Advantages

Bitcoin gambling is on the rise. Ever since it was introduced by online casinos, more and more players have been experiencing the plenty of benefits, such as no long waiting period, no worry about legality and no big charges for converting the currency, among other advantages. In this case, those playing the golden slots are now given with more choices when it comes to payment options. In today’s post, let’s dig a little deeper into bitcoin casinos and highlight BTC advantages.

What Is Bitcoin (BTC)?

Briefly, BTC is cryptocurrency, an online digital currency, which many web casinos are accepting as payment for credits. And unlike other types of payment options, BTC is anonymous, meaning only the player, you, knows how much he has, and it is non-taxable because it is regarded as a commodity versus a currency.

However, one major downside of bitcoin gambling is that the value of BTC can wildly fluctuate from time to time that can lead to confusing transactions and disputed values, but it may not be a problem if you are to deal and play only with a reputable online casino.

What Are the Benefits of Playing with Bitcoin (or at a Bitcoin Online Casino)?

Bonuses

Just like playing golden slots at flat currency web casinos, bitcoin gambling operators also offer bonuses, welcome or signup bonus included. In this case, players who opted for this type of gambling can also expect huge rewards and bonuses, stretching their bankroll and giving them the chance to play more games.

Better Odds

Bitcoin casinos offer better odds than conventional casinos do. How is it possible? In a traditional web casino, there is a processing cost each time that a member deposits money with his bank account, e-wallet or credit card. The online casino has to pay for such cost. In this case, some of them compensate the associated fees in their offered bonuses and odds.

But with bitcoins, the casino does not have to pay for the processing fee, as both deposits and withdrawals are free. In this case, the savings that bitcoin gambling sites get are passed on to their members, resulting to better payouts and of course better odds. They can also offer lucrative rewards and promos to members.

No Central Regulating Body

The absence of central regulating bodies on Bitcoins gives gamers that peace of mind and confidence in playing with their BTC.

Games

Just like the games in a flat currency casino site, you can also find and access your favorite slots, roulette, baccarat and blackjack, to name some in a bitcoin casino. In fact, there are also tons of slots to choose from, with payouts that can reach as high as 99%. And if you love table games, such as roulette and blackjack, you also won’t have to worry because you can find them in a bitcoin gambling website that offers varieties of such games.

Live Dealer Gaming

Just like traditional online casinos, bitcoin gambling operators are now adapting live gaming on blackjack, roulette and baccarat. In this case, players who appreciate the feeling of being in the real venue can find it thrilling to participate in the live table games that give them the chance to interact with the dealer and other players as well as witness every single event in their game. This is something that gives them the chance to do what they could do had they been in the physical venue.

Provably Fair Games

Bitcoin gamblers can achieve peace of mind knowing that the games are provably fair because BTC uses a Cryptographic hash  that allows them to check that the casino operator really does not control the random outcome of their bet.

There you have a quick overview on the advantages that bitcoin gambling operators offer members of their casino. Nevertheless, bitcoin gambling is one of the most innovative ways to bet online. However, make sure to check the site’s reputation and see to it that they’re trusted before investing BTC or dollars when playing golden slots with them.

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