Monthly archives: October, 2016

Gambling with a Cryptocurrency – Best Bitcoin Casinos

Bitcoin CasinosDigital currencies are becoming more and more popular in today’s world, with Bitcoin being the most famous of them all. Even though society was initially sceptical on the matter, today lots of goods and services can be bought with Bitcoin. The rapidly evolving online casino industry was relatively quick to jump on that train, bringing us casinos that accept Bitcoin as a method for deposits and withdrawals. In this article, I will take a look at the advantages of using Bitcoin for online gambling, as well as determine which are the most reputable casinos that support this payment method.

The Advantages of Using Bitcoin for Online Gambling

So, why use Bitcoin for your online casino gaming when you can simply use normal cash? Well, there are a number of reasons, the primary being that Bitcoin is not considered a currency in the traditional sense of the word. Since you are not wagering actual money, most gambling laws do not apply. For example, if online gambling is forbidden in your country, doing it with Bitcoin won’t be. This is why people in the USA love online casinos that support Bitcoin – there is no other way for them to play. Overall, the fewer legal complications are what convinces many players to convert to cryptocurrencies for their online gaming efforts.

How to Find a Good Bitcoin Casino

Even though Bitcoins have been around for only a few years, there are quite a lot of online casinos that accept them, and cryptocurrency support that is their major selling point. When it comes to determining which operators can be classified as ‘the best’, we need to take several factors into account. First of all, we need to assess the game collection – does the casino have a lot of games? Are the games diverse? Are there live dealer tables? Operators like BitCasino and Betcoin have an abundance of great game libraries, with plenty of slots, blackjack, and roulette titles.

Reputation is one of the key factors when it comes to online casino operators. There is only one way to be sure that a casino is honest and fair, and that is to look up what other people are saying about it. Relatively honest opinions can usually be found at review sites, which take their time to properly vet and analyse everything an online casino has to offer. We have come across many great Bitcoin casino reviews, some of which you can find on this website.

Get Your Welcome Bonus in Bitcoin

Another thing we should take into account when choosing a good Bitcoin casino is what bonus offers does the operator provide. Reputable online casinos usually offer some kind of welcome bonus upon a player’s first deposit, usually a percentage of the deposited sum. For Bitcoin casinos, however, players have a choice between a bonus in conventional currencies, or in Bitcoin. Casinos like FortuneJack have a very good reputation for offering many promotions to their players, apart from their generous welcome bonus of 0.5 BTC.

Cryptocurrencies will only get more popular with time, and few people can deny their benefits. When it comes to online casino gambling, playing at a casino that supports Bitcoin is easier than ever. Make sure you find the right operator for you!



The Online Casino Scarcity

pokerIf you live in a country such as the UK, Spain or Germany, then you’re probably wondering “Huh? What is this guy talking about? Online casino scarcity? There’s plenty of online casinos to go around!” And yeah, gamblers in certain countries suffer from a different problem – oversaturation. Certain European markets are practically havens for online gambling, with the UK being probably the most notable example of them all. It’s got dozens upon dozens of online casinos, bingo sites, betting sites and poker sites all competing for players’ attention, but that’s fine because there’s also hundreds of thousands of players, and many of them even have accounts on multiple casinos in order to enjoy their bonus offers and exclusive games. However, what if I told you that most countries – even those where online gambling is completely legal – don’t have a single online casino currently operating? That’s the online casino scarcity, the lack of any online casinos in your region.

Let’s take a look at the Philippines, for example. According to their gambling laws, while physical casinos are banned from the country, “remote gambling” (aka online casinos) are exempt from that rule and are perfectly legal. However, would you believe me if I told you that there isn’t a single online casino currently operating within the territory of the Philippines? It’s true, I looked it up specifically, and unless I’m missing something, the Philippines as a market doesn’t have any exclusive online casinos the way the UK does. But hey, you might be saying, that’s just because the Philippines aren’t in Europe! In Europe every country has an online casino, it’s a booming market! And to that, I say oh, really? France, Iceland, Macedonia, Russia, Ukraine and many more are all European countries that don’t have a single online casino operating within their borders. True, in some cases (like France and Russia, which are gigantic markets) it’s due to legal reasons, but most of the time companies just prefer not to take risks in emerging markets. Why launch an online casino in Macedonia when you can launch one in the UK and rake in the cash for sure?

So, what can players suffering from online casino scarcity do? Well, not much, I’m afraid. The best option is always to join a European real money online casino which isn’t region-locked and takes players from all over Europe (or potentially the world), but that depends entirely on your country’s gambling laws and regulations. If gambling is illegal in your country, you may need to jump through a few hoops (for example, you can ask a friend in a country where gambling is legal to make an account and then play through it using a VPN to mask your IP and make it appear as if you’re located in your friend’s country), because while it’s highly unlikely that you will ever be prosecuted for online gambling, even if you’re in a country where the practice is illegal, there’s always a chance that the casino you’re playing at might withhold your winnings because you’ve broken their terms of service. So make sure you’re familiar with the terms and conditions and your own country’s gambling laws before you start playing! With that said, I wish you good luck, and here’s hoping that, in time, the online casino scarcity in Europe will be a thing of the past.