Unlike other currencies, Bitcoin is independent of any government and financial institutions’ control. It works as an open-source, governed by the public. This makes it a universal and independent currency, which one can equate to the local currency of any country in the world. Therefore, no legal limitations control Bitcoin.
The reason some countries ban or attempt to limit its use is because of the general idea that it cannot be controlled. From a micro perspective, Bitcoin is predominantly used in online gambling, which is considered illegal in some countries. The relationship with Bitcoin and online gambling, as well as the latter’s negative connotations, only heighten the worries—volatility as one—that revolve around the cryptocurrency.
Several Bitcoin gambling websites exist and they all have the same operational features. Players must own a Bitcoin wallet that is an online storage for every Bitcoin user. There are many betting activities that you can take part in using this digital currency: poker, lottery, casino, Forex, dice, binary options, sports betting, Bingo and much more.
Bitcoin Roulette – Just like the regular Roulette, the goal of this game is to make a correct prediction of which number and color the Roulette ball would land on. American roulette, French roulette, 3 Wheel roulette, and Card roulette among others are also present in the Bitcoin casino market.
Bitcoin Blackjack – This version of Blackjack distinguishes itself from the standard Blackjack by using Bitcoins as its currency. However, it basically employs the same rules as the regular Blackjack.
Bitcoin Video Poker – The Bitcoin video poker uses the same rules as draw poker, except for the fact that you’re not playing against any other players. You win based on the cards on your final hand after you push on the “draw” button.
Bitcoin Poker – You can find this game in most online Bitcoin casinos. Similarly, you may find other exciting poker games like Texas Hold’em and Omaha when you play them in tournaments in most Bitcoin casinos.
Bitcoin Slots – There are numerous Bitcoin slots nowadays, and they boast high graphics, extreme entertainment, and an overall outstanding online betting experience.
The amazing Bitcoin casino games are but one reason to have an exciting time playing in these gambling sites. The Bitcoin casino free bonus deals are another factor to have fun-filled betting experience. Real-money online casinos have spoiled avid gamblers with attractive sets of bonuses and promotions. While the Bitcoin-powered gambling platforms do not offer first-class cruises and summer getaways just yet, such kinds of casinos are more than armed with fantastic rewards ready to be given away to any of the lucky and loyal customers worldwide.
Here are the striking benefits you will gain when you use Bitcoin as a wager:
Bitcoin transactions are anonymous and transparent at the same time. If you are a little bewildered by such contrast, it is better to look at it this way. All your transactions are anonymous in such a manner that no one will know at a glance that it was you made that purchase or sale.
Bitcoin is available worldwide. As long as you have connection to the Internet, you should not have any problem in joining the trend of using the digital currency. This means that anyone in the world is welcome to experience Bitcoin wagering in online gaming sites or even in financial markets.
Bitcoin transactions are processed and delivered quickly and sometimes instantly. Yes, unlike fiat currencies, bitcoins do not have to undergo a strict and taxing process before they are sent to the corresponding wallet address.
Dealing bitcoins comes with lesser fees. Transactions using the digital currency are significantly cheaper and affordable than with the use of real money.
As a matter of fact, some Bitcoin casinos and gambling sites do not even charge fees for every withdrawal you make especially for those websites offer enticing Bitcoin casino bonus.
Some Bitcoin casinos already have this bonus deal as part of their initial offerings, and this is absolutely remarkable for the players. Moreover, you can use this much bitcoins to fully explore what the casino can bring to your online betting experience.
To find the perfect Bitcoin casino for you in the world of Bitcoin gambling, we’ve provided here some ways to identify the best online casino and a short list of the most famous casinos you can try. This way, you can have an idea of which casino would best match your gaming preferences.