Connect with us
SoftSwiss
Playson

Bitcoin

Are Bitcoin Casinos The Future Of Online Betting?

George Miller

Published

on

Are Bitcoin Casinos The Future Of Online Betting?
Reading Time: 2 minutes

 

Bitcoin has been here for more than ten years now. When it was first “invented” way back in 2009, it was more of an underground “currency” rather than formal digital money. Back then, only a few enthusiasts are playing with it, and it barely even had any value. One Bitcoin user back in 2011 even put out 10,000 pieces of BTC for auction for only $60–but no one bought it. The first real-world Bitcoin purchase was for a pizza in exchange for 10,000 BTC.

Now, Bitcoin is widely used by a lot of people, and it is even considered by a lot as this age’s “digital gold.” From being an ignored form of digital currency, it is now widely used in a lot of things: online shopping, trading, and investment, in online gambling through Bitcoin casinos, and a lot of other things.

How does BTC work when it comes to gambling? What are Bitcoin casinos, and how does it work? Is it any different from how existing online casinos right now work? Here are the things that you need to know.

How do Bitcoin casinos work?

A Bitcoin casino is no different from the traditional online casino that you may probably know. It offers mostly a similar set of games that you can find in every online casino. The only difference is that this type of casinos accepts Bitcoin as the ONLY form of payment.

Here are some of the most popular Bitcoin casinos right now:

  • Satoshidice
  • Switch Poker
  • StrikeSapphire
  • Bitzino
  • Bc-casino.com
  • Satoshibet
  • BtcSpiortsBet
  • BitLotto

What makes it very appealing to gamblers?

There are a lot of reasons why a lot of gamblers are opting to go to an online casino that is operating only through BTC. From security to convenience concerns, here are some of the reasons.

Anonymity

A lot of people give so much importance to their online security and privacy, including online gamblers. This is why some people even fall into the terrible mistake of using fake details in signing up for an account, only to end up being suspended if not banned from the site.

One of the security protocols for online betting sites is for its customers to provide verification information. Sometimes, this will be asked right at the start, although some would only require identity verification before the first withdrawal of the customer.

A Bitcoin casino removes all of these. Since all you need is a Bitcoin wallet ID, which is not tied to any personal information about you, you can technically play, deposit, and withdraw without disclosing any personal or financial information.

No transaction fees

Regardless of what payment method you are using–a bank account, a debit or credit card, or an e-money wallet–

What you should know

Although owning Bitcoin is technically recognized as a legal thing for most of the world, it is yet to be recognized as a real currency or legal tender. Most countries, while they consider Bitcoin and other forms of cryptocurrency legal, only see it as property but not legal tender.

When it comes to online betting using Bitcoin, no clear or definitive law outlaws it or even recognizes it as legal. Technically, since Bitcoin is not recognized as legal tender, there may be complications about its legality. However, that matter can be a confusing and complicated one. If you are looking to play in a Bitcoin casino, the best thing to do is to do thorough research on how using cryptocurrency for gambling works and the possible risks that come with it.

Bitcoin

Drop in For a Chat with Sportsbet.io’s New Club Talk Feature

George Miller

Published

on

Drop in For a Chat with Sportsbet.io’s New Club Talk Feature
Reading Time: < 1 minute

 

Sportsbet.io is inviting users to its new Club Talk room, a game-changing chat function where its community can talk about sports while discussing and sharing bets.

Club Talk is now live at Sportsbet.io, and can be accessed on desktop and mobile from the bottom right corner of the screen.

It is already home to a thriving community of Sportsbet.io users, and has also welcomed several guests from the Sportsbet.io team, who’ve dropped in to join the conversation.

Club Talk will also be the home of interaction between Sportsbet.io’s community and featured guests and celebrities in the sportsbook’s new streaming series Behind the Bet. Customers will have the opportunity to contribute to live interviews and talk directly with stars through the Club Talk forum.

Ahead of the European Championships, which kicks off in June, Club Talk users will enjoy exclusive promotions and bonuses not available anywhere else on Sportsbet.io.

Joe McCallum, Director of Sportsbet.io said: “Club Talk has quickly become a lively hub of discussion about everything from the latest sporting action to the hottest betting tips. Sportsbet.io users have jumped at the chance to get involved, and we’ve built one of the most welcoming communities around.

“With a big summer of sport ahead, including the European Championships, Club Talk is the place to follow the action and share your views. And even better, we’ll be giving out some fantastic bonuses to those who are taking part.”

 

Continue Reading

Bitcoin

A Golden Opportunity: How to Win a Lamborghini in 2021

Zoltan Tundik

Published

on

Reading Time: 2 minutes

 

Dreams do come true.

 

On April 24th, a FreeBitco.in user, out of over 42 million registered users, won a brand new Lamborghini, crypto’s favorite car.

And that wasn’t the first time. Since May 2019, FreeBitco.in, one of the world’s biggest Bitcoin gaming websites, has given away Lamborghinis to four lucky winners.

And they don’t intend to stop…

It’s Time for Round 5!

The Lamborghini Giveaway at FreeBitco.in is a Golden Ticket Contest where users have to collect Golden Tickets which are entered into a provably fair draw to pick the winner.

User 15324044 is the latest winner and they held over 882,251 Golden Tickets over the course of the contest. The lucky winner gets to choose between a Lamborghini or $200,000 in BTC credited directly to their FreeBitco.in account.

Over the last 2 years, FreeBitco.in has given away a total of $800,000 in BTC through four popular editions, and now they’re making it $1 million with Round 5.

And the best part? You can win a Lambo too!

How to Participate?

Win a Lambo Round 5 began as soon as Round 4 ended. Everyone can participate in Crypto’s Biggest Giveaway and stand a chance to win.

Follow these steps to join the contest:

  1. Create an account on FreeBitco.in.
  2. Collect Free BTC or deposit BTC into FreeBitco.in wallet.
  3. Play the HI-LO dice game, or bet on events.
  4. For every 0.005 BTC wagered in total on both the dice game or the event betting page, the user gets 1 Golden Ticket.
  5. Golden Tickets can also be bought for 0.00025 BTC each.
  6. Collect as many Golden Tickets as possible to increase the chances of winning a Lamborghini.
  7. After the contest ends, a provably fair lottery draw will be conducted to pick the lucky winner.

It’s that simple!

The contest ends on 23rd October, 2021. You have six months to collect as many tickets as you can. Who knows, you could be driving home a shiny Lamborghini come October!

Continue Reading

Bitcoin

Excellent Ways to Spend Your Bitcoin

George Miller

Published

on

Excellent Ways to Spend Your Bitcoin
Reading Time: 3 minutes

 

No matter where you are in the world, you’ve probably heard of Bitcoin. Bitcoin has become a global phenomenon, and although it’s been out for over a decade now, it’s still one of the trendiest topics today. Everyone wants to get their hands on a bit of Bitcoin, whether that’s through investing and trading or through working for some coins. Stacking up a nice amount of Bitcoin might bring you an incredible feeling of achievement, but what’s the point if you don’t spend some of it to give yourself a treat? If you’re one of the many Bitcoin enthusiasts looking for ways to spend some of their savings, here are a few excellent suggestions that might be a good fit.

A Lavish Trip

There’s no doubt that traveling is one of the best ways you can spend your savings. Traveling the world is an unforgettable experience that can enrich our lives in many ways. From exploring the wonders of our planet to establishing new friendships that could last a lifetime, giving travel a shot can a ton of benefits. If you’re not looking for adventure, there are other ways to spend your time abroad. Of course, we’re talking about taking a lavish trip where you can bask in the sun on an exotic beach or spoil yourself in the confines of a luxury resort!

Many might not be aware of this, but planning an entire trip and paying for it with Bitcoin is a very real possibility. While most travel booking companies aren’t Bitcoin-friendly, Bitcoin enthusiasts are lucky enough to have some of the best ones available around the clock. Online booking sites like CheapAir, Destinia, and Expedia all accept Bitcoin as a form of payment. These websites can help you find both tickets and accommodations for pretty much every destination on the planet and sport a great user-friendly design to make planning your entire trip a breeze.

An Expensive Watch

When we say expensive, we mean expensive, so before going anywhere near this item on the list, be sure to get some extra coins. One of the best ways you can invest with Bitcoin today and make great returns is through Bitcoin trading, so giving it a shot isn’t a bad idea. While it might sound scary, Bitcoin trading these days is pretty easy thanks to trading app like bitqs. True to its name, this app helps new traders maximize their profits by using advanced AI trading tech. The bots search the market for the best opportunities, and make sure you snag them when possible!

Once you’re sure you have enough Bitcoin to blow through, you can go ahead and spend your hard-earned coins on a luxurious Rolex! Having a timeless accessory is always a big plus, and the chance to show off your luxurious lifestyle isn’t a bad benefit either. Love it or hate, we live in a time where the so-called “flexing” culture has a big influence, so why not get on board and flaunt your success? There are multiple Bitcoin-friendly shops out there that offer classic pieces, but one of the best you can try right now is the luxury shop JavyEstrella.

Food & Drinks

Winding down from the expensive treats that might dent your crypto wallet beyond repair, a great way you can spend your Bitcoin these days is by buying snacks. Restaurants and take-out places that accept Bitcoin payments have been around from the early days of Bitcoin. Luckily, with cryptocurrency becoming more mainstream over the years, even more of them are now welcoming Bitcoin with open arms. The options here are nearly limitless, but if you’re looking for something more popular, then you can grab something from Starbucks or Chipotle through an app!

Popular Video Games

Here’s another more relaxed option you can go for. With gaming becoming one of the biggest sensations in the world, it’s easy to assume that there’s a game out there for everyone. From nightmare-inducing horror games that might leave you scarred for life to more laid back titles like the Sims where you can practically play God, everyone can have a good time when this immersive form of modern entertainment is in question.

As expected, Bitcoin has dipped its toes into the world of gaming as well. While many of you are probably already familiar with Bitcoin games and casino classics that populate Bitcoin casinos, these aren’t what we’re talking about. Classic video game fans have a chance to enjoy their favorite titles on their preferred console with Bitcoin now. The Microsoft Xbox Store and the PlayStation network are open to Bitcoin payments, and PC fans are free to purchase the latest titles on the market from online shops like Keys4Coins!

Continue Reading
Advertisement
Lightning Lucky Six by NSoft
Advertisement
EvoPlay
Advertisement
Kasyno Online na HEX Polska

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.