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Cryptocurrency

Bitcoin betting: Use your crypto tokens for gambling

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Not every online bookmaker accepts Bitcoin as a payment method for placing sportsbook bets, but the industry heads in that direction. The most famous online sportsbooks allow customers to deposit funds, place bets and withdraw winnings in Bitcoin at the click of a button.

There are several positives to betting in crypto, some of which are more obvious than others. Professional sportsbook gamblers use Bitcoin to manage their money, qualify for bonuses, and get the best deals. From the Las Vegas sportsbooks to the biggest names in European gambling, Bitcoin is the new kid on the block and has caused quite a stir.

We clear up the confusion

Despite being a secure, fast, and reliable way to manage your funds for betting, a degree of confusion still needs to be clarified concerning crypto betting. There are more questions than answers, which may deter some inexperienced gamblers from using Bitcoin for their bets. That would be a great loss to bettors, and we wish to help you avoid it.

This article on Bitcoin betting helps keep things simple. We bring our readers up to speed with the processes involved with adding a Bitcoin account to your betting wallet, gambling, and withdrawing winnings. We also clear up any terms and conditions you should know before gambling.

Keep reading for your user-friendly, simple, and easy-to-follow guide on Bitcoin betting using your smartphone in 2023. By the end of this article, you’ll have the information needed to bet using crypto. We even provide details on creating an account and landing a welcome bonus free bet.

Which crypto tokens can I use?

As you’ll already know, hundreds of crypto tokens are available, but the top betting apps only accept Bitcoin now. Bitcoin is the biggest and most popular form of crypto, and you can add it to your sportsbook payment options.

The top betting apps might start accepting other tokens, but we are in the early days. Bitcoin is the safest way to test crypto betting, and so far, it has been well-received by both bookies and bettors.

Adding your Bitcoin account

Adding a Bitcoin account to your payment options takes a few seconds. Use your smartphone when on the move or at home using your laptop. The process is equally simple on both platforms, and you must add a Bitcoin account only once.

Visit the member’s area at the top right of your bookie’s homepage and click payments. Select the option to pair a Bitcoin account with your betting account and input your card details. Check the details are correct and then confirm.

Your two accounts are now linked, and you can start depositing crypto to your betting balance. Deposits are instant, meaning you can add funds and gamble without delay. Withdrawals are quick too.

If you have landed a winner and wish to withdraw the profits before spending them on future bets, it’s easy. Withdraw, and your Bitcoin balance will be updated quickly.

Betting with Bitcoin

Placing a sports bet using Bitcoin is as easy as gambling with your debit card or an e-wallet account such as Skrill. Visit the member’s area and click deposit before selecting your crypto account. Enter the amount you want to deposit and click to confirm. The funds are added and ready to use.

Click the sport you wish to bet on, such as soccer, and then the competition, fixture, and odds of your market. Add the intended stake to your bet slip and click to confirm. The funds come from your betting balance, or you’ll top-up with your Bitcoin account.

Security

Bitcoin deposits, bets, and withdrawals are all protected by Secure Socket Layer technology. It’s the industry standard for security, keeping your sensitive information protected and your online gambling private.

When researching a bookie, you should check with the security program they have in place. If it’s not Secure Socket Layer technology, it’s not a great bookie to join.

Free bet welcome bonus

All new customers who open an account, deposit funds using Bitcoin, and place a bet will qualify for the bookie’s welcome bonus. The free or risk-free bet will allow you to familiarize yourself with the betting app without overspending.

Cryptocurrency

Rainbet Launches New Crypto Casino for Both New and Experienced Players

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Rainbet is excited to announce the launch of its new online crypto casino that has been expertly designed to cater to both new and experienced players. With a range of new and exciting casino games and classics, such as online slots, roulette, and blackjack, Rainbet provides an unforgettable betting experience.

Crypto casinos are online platforms where players can place bets with cryptocurrencies like Bitcoin and Ethereum. Unlike regular casinos, online crypto casinos offer instant transactions that are much faster than conventional banking methods. Rainbet uses blockchain technology to guarantee the highest security for its players and, through its combination of speed, diverse game catalog, and reliable transactions, delivers an engaging gaming platform.

With a commitment to offering the best user experience, Rainbet ensures safe online practices and a fair and transparent gaming experience for all its players. “Rainbet is a safe and legitimate platform, with games created using a provably fair system,” said a spokesperson for the online casino. “This ensures that all games are fair and transparent, reinforcing player trust and confidence in the platform.”

Whether players are searching for classic casino games, such as online slots, blackjack, baccarat, and roulette, or are interested in eSports and live sports betting, Rainbet offers a diverse selection of the latest games with industry-leading technology and graphics.

Rainbet provides a comprehensive gambling experience that places a focus on fairness and legitimacy by adhering to rigorous standards and using advanced technology. This approach is highlighted in the online casinos’ easy and hassle-free deposits that enable players to confidently deposit real money to receive Rainbet currency, as well as the platform’s seamless and secure withdrawals.

Additionally, the crypto casino boasts an extensive array of online promotions and bonuses that are available across the platform’s most popular games. Rainbet also has a weekly 10% rakeback, which rewards players by returning part of their losses, reducing losses, and extending playtime.

“Compared to online Bitcoin casinos, Rainbet has more to offer, such as more games and exclusive promotions to make gambling more exciting. With daily, weekly, and monthly bonuses, players always have something extra to look forward to. These promotions, combined with an easy-to-navigate interface and a wide range of games, make Rainbet a top choice for crypto gamblers,” furthered a spokesperson for Rainbet.

Rainbet invites both new and experienced players to visit its website today to view its full catalog of games and the latest promotions.

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Cryptocurrency

Kyrrex to host online panel discussion on MiCA and the future of crypto in Europe

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Kyrrex to host online panel discussion on MiCA and the future of crypto in Europe
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As the European crypto community prepares for the implementation of the MiCA, Kyrrex is organizing an online X panel to discuss the potential impact and future trajectory of the industry under this new regulatory framework.

The panel “Is MiCA that Bad? The Future of Crypto in Europe,” will take place on November 14, 2024, at 12:00 CET on X Spaces.

This event aims to offer an in-depth examination of the challenges and opportunities that MiCA presents, drawing on the expertise of industry leaders and stakeholders.

Key speakers for the discussion include Mike Romanenko and Kevin Plumpton from Kyrrex,

Tomer Warschauer Nuni from Kima Network, Andrea Zapparoli Manzoni from H4ckManac, Thanos Tsavlis from Cyberscope, and Anoop Nannra from Trugard Labs. Their insights will help attendees understand how MiCA may reshape the crypto landscape and what this means for different segments of the market.

“As MiCA ushers in a new regulatory era for the crypto industry, open discussions are crucial for navigating this transition effectively. By bringing together voices from various sectors, we aim to foster a deeper understanding and proactive approach to the opportunities and challenges ahead,” said Mike Romanenko, CVO & co-founder of Kyrrex. “Engaging in conversations like these helps ensure that the community is informed and prepared for the future of crypto in Europe.”

The panel will be structured to encourage interaction and participation, allowing attendees to submit questions and engage in a discussion with the panel. Topics are expected to include compliance, innovation, and strategies for navigating the evolving regulatory environment.

This event offers professionals, enthusiasts, and stakeholders an opportunity to gain a clearer perspective on what lies ahead as MiCA begins to take effect. It will also provide a space for dialogue and knowledge-sharing, fostering a greater understanding of the potential impacts on the crypto sector in Europe.

Panel “Is MiCA that Bad? The Future of Crypto in Europe” details:

  • Date: November 14, 2024
  • Time: 12:00 CET
  • Platform: X Spaces
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Cryptocurrency

Armchair Online BV Launches CryptoCasino.com and $CASINO Token to Disrupt Blockchain Betting

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Armchair Online BV Launches CryptoCasino.com and $CASINO Token to Disrupt Blockchain Betting
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Armchair Online BV, an experienced online gaming firm, are ready to revolutionize the world of blockchain gambling with their groundbreaking CryptoCasino .com platform and $CASINO token.

Led by an experienced team that has built multiple successful iGaming operations in the world of sports betting, poker, and affiliate services, CryptoCasino will deliver an unmatched betting experience for crypto users.

A World-Class Crypto Casino

Partnering with the largest gaming studios in the world, CryptoCasino will feature over 6,000 online slots and table games, a live dealer casino, premium sportsbook, eSports betting hub, racebook, and more, all available to be bet on with 25+ of the largest cryptocurrencies in the world.

To cater to the future of crypto betting, the site will allow for both traditional registration and Web3 connectivity. By connecting instantly with wallets such as MetaMask or Trust Wallet, players can seamlessly deposit and withdraw funds within seconds.

With a player-first focus, the site also includes 24/7 live chat support and an industry leading VIP program that offers a wide range of loyalty incentives that reward players on a daily basis.

Set to Be the World’s #1 Telegram Casino

CryptoCasino is catering to the over one billion unique Telegram users by building a Telegram Casino integration that allows anybody to immediately join and begin playing with just one click.

With Telegram gaming growing rapidly, CryptoCasino’s integration with the platform will offer a direct connection to millions of players around the world. The integration will provide the perfect blend of security, seamless connectivity, and social gaming that can rapidly grow into one of the best domains in online gaming today.

The $CASINO Token Offers Benefits to Holders and Players

To complement the launch of the CryptoCasino betting platform, the business is also launching an ERC20 token called $CASINO that will serve as the basis of the ecosystem.

With the $CASINO token sale launching October 15 at token .cryptocasino .com, buyers will be able to purchase their tokens directly from the secure Web3 sale site by connecting their wallets.

There are several benefits to buying and holding $CASINO tokens.

Buy Back and Burn: Each month, 50% of the net profits from CryptoCasino will be used to purchase $CASINO tokens from the open market. They will then be burned, decreasing supply and creating scarcity for the token.

Staking Rewards: Holders will be able to stake their $CASINO tokens each month for an APY up to 10%, allowing them to gain a passive income stream directly through the staking platform found on the site.

Exclusive Player Bonuses and Airdrops: Holders will be able to use their $CASINO tokens on the CryptoCasino platform to receive incentives such as a 200% deposit bonus, 15% cashback on bets made, and much more.

Partnerships with the Best in the Industry

Having grown several iGaming businesses over the past two decades, the CryptoCasino team understands that the key to rapid growth comes from partnerships with trusted names in the online gaming business.

That is why CryptoCasino has partnered with several major names in betting and blockchain including Pragmatic Play, Evolution Gaming, Betby, Oddin.gg, Decubate, Covey, Fireblocks, and others.

As a fully licensed platform under Curacao and Anjouan gaming authorities, the platform will provide the highest level of player safety and security, complying with all regulatory statutes for the best crypto betting experience possible.

$CASINO Token Sale and CryptoCasino Platform Launching Soon

The $CASINO token sale will begin on October 15, with a special VIP round available to those using a password that can be found on the social channels found below. Unrestricted access will be available to all on October 17.

The CryptoCasino .com platform will be launching on November 19th for both the online and Telegram casinos.

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