Can you really use Bitcoin to gamble online? Well, you probably know a fascinating story about that one guy who spent 10,000 bitcoins on two pizzas in 2010 – Bitcoin was worth $25 at the time. Now for the same amount of money you could buy a stunning island near Florida, and for the rest of the money you could build a few luxury restaurants. We can only hope that that pizza was really delicious.
The history of Bitcoin seems to be less than 9 years of ups and downs with a background of ever-growing public interest. The pain of falls was often soothing in the breathtaking ups, so it’s no wonder that this crypocurrency began to arouse the interest of enthusiasts of risk and possible profit. The emergence of bitcoin gambling seemed to be just a matter of time.
It is very difficult to give the number of crypto casinos currently operating on the Internet. It is enough to know that many of them make it possible to satisfy the gambling hunger with a bitcoin wallet.
It is worth knowing that a bitcoin wallet can be used not only to play traditional gambling games such as blackjack, poker, roulette or craps. For amateur gamblers there are alternative ways to gamble without a previous deposit.
In the meantime, let’s take a look at the main advantages of the first cryptocurrency in the history of mankind.
WHY YOU CAN GAIN A LOT BY PLAYING WITH BITCOINS
The use of cryptocurrency to gamble online offers many obvious and significant benefits, thanks to which, in the near future, thoughts of gambling with the use of traditional money will seem even absurd to you.
Anonymity
The system only checks your solvency, not your identity. Privacy of personal data is very important for gambling enthusiasts. Thanks to cryptocurrencies you don’t have to worry about the security of your data.
A better chance of winning at Online Gambling
Bitcoin casinos usually offer significantly higher payout percentages by reducing transaction processing costs.
Quick transfers
Confirming transactions with bitcoins takes much less time than deposits and withdrawals of traditional money.
Savings
The miners’ fee seems like nothing compared to the typical financial transfer fees to which we are accustomed.
Independence
When playing bitcoins, your location doesn’t matter. Compared to other “coins”, Bitcoin, thanks to its wide range of uses, offers more possibilities. The choice of bitcoin games is much greater, as well as the number of online casinos accepting this cryptocurrency. Today, some of these crypto casinos even offer bitcoin games with a live dealer – something that was unthinkable a few years ago.
What’s more, there are casinos that support cryptocurrencies that operate according to the principle of “provably fair”. They use cryptographic mixing technology, which allows players to check if the game algorithms work correctly and do not charge commissions. Same with the new way of betting
Not so long ago, the word “cryptocurrency” was looked at with weird glances. Now decentralized money can make our life easier in many ways. New form of gambling that emerged along with it is a no exception. Once you try it, you won’t want to play without bitcoins anymore.
HOW TO EARN BITCOINS IN GAMBLING GAMES
Although some investments in bitcoins resemble a lottery because of their high instability, others persistently look for the best ways to gain this valuable cryptocurrency. But let’s prolong mining and reviews of the best GPUs aside – there are much more enjoyable ways to get valuable Satoshi or BTC.
There are people convinced that gambling is a great opportunity to earn cryptocurrencies. This may be true for the poker master, but it is rather an exception to the rule. For example, it’s hard to imagine a strategy for playing bitcoin roulette, where you won’t lose a single time. However, this does not change the chance to grab the God’s feet and take a large sum of money in a bitcoin casino playing dice. However, it is worth remembering the old rule that gambling should be used for entertainment and not for making money.
Besides, there are websites with bitcoin games where you can win Satoshi without any deposits. They are similar to the so-called “taps”: the user receives a certain amount of cryptocurrency for the time spent on the website and the ads viewed.
The games can be varied: for example, ShipBattles gives Satoshi for every sunken ship, while AsicBit is a simulator of…. bitcoin extraction. Their creators undoubtedly know how to attract players.
By playing these games you can slowly earn BTC without having to have expensive equipment. Considering the fact that this process is an entertainment in itself, this activity will not get bored too quickly.
We wish you a lot of fun and a lot of profit when you gamble online with Bitcoin!