What is Bitcoin Gambling?

That simply is the desire to facilitate your sports betting and online gambling activities with Bitcoin and other crypto money instead of fiat currencies such as USD, EUR or GBP. This way bettors stay in the crypto universe even when they bet or gamble. This gives them the advantage of not needing to convert to fiat currencies and pay any commissions to crypto exchanges. They can also stay anonymous with the privacy of crypto even they bet or gamble. At the Bitcoin gambling sites, you can use BTC as your account currency. This will give you the advantage of using BTC at your betting stakes and take your potential winnings in BTCs as well.

How much commission does the Bitcoin Gambling sites take?

Zero! Bitcoin Gambling sites do not take any commission from your deposits or withdrawals. You can simply transfer your desired deposit amount to the betting site without the betting site taking any commission out of it. It is the same with withdrawals. You will get exactly whatever the requested withdrawal amount is. You might need to pay commission to your Bitcoin wallet when you make the deposit transfer so be careful to choose a low commission crypto wallet. If you do not want to use a crypto wallet you can directly buy crypto money from the Bitcoin betting and gambling sites such as Sportsbet.io, Bitcasino and 1xBit.

Do Bitcoin Gambling Sites give away bonuses?

Most of them do! Bitcoin gambling sites such as 1xBit gives away a total of 7 BTC welcome bonus while Betcoin.ag is giving away up to 3 BTC and Fortunejack is giving away up to 6 BTC bonuses in total. But be careful when you take bonuses as they come with tough wagering conditions within time limits. If you are a serious bettor, we encourage you not take any deposit bonuses and stick with simple offers like Sportsbet.io's Price Boost. This was you will be free to bet on what you want and will not rush your bets in order to match the wagering conditions. Not rushing your bets and taking calculated betting decisions are one of the key aspects in winning at sports betting.

Which games do the Bitcoin Gambling sites offer?

Online gambling with Bitcoin started with the game of Dice. It is a very simple game where you bet on the outcome of a dice roll and predict if it will be over and under a certain value. There used to be many Dice sites and some of them used to be fraud. Later in time Bitcoin.com started to offer blackjack and roulette with a very simplistic interface. But it was not licensed as most of the crypto people did not like the word 'regulation'. As of 2021, we have regulation over crypto casino sites through Curacao. They are able to offer all the games that major casino sites offer. You can find blackjack, roulette, baccarat and all the table games at the live casino sections of Bitcoin casinos. You can also find 100s of slot games on all sites.

Which crypto currencies can I use at Bitcoin Gambling sites?

As the name tells you can use the biggest crypto currency created and ever will be: Bitcoin at these sites. Other than that, you can use all the major altcoins such as Ethereum, Litecoin, Ripple and USD Tether on all crypto betting sites. Interestingly, Dogecoin is very popular amongst Bitcoin gambling sites. Its value itself changes a lot and betting with Dogecoin might give you extra thrill if you feel like it. Other than that you can find places that offer TRON, Dash, Ethereum Classic, Monero and Zcash. 1xBit has the most number of crypto currencies offered. If you only have Bitcoin or major altcoins, you can use Sportsbet.io for sports betting and Bitcasino for online gambling.

What is the safest place to gamble with Bitcoin?

Sportsbet.io. They are a very new company but in a very short time they have manages to become the biggest and safest Bitcoin Gambling site out there. Powered by their own platform Coin Gaming, Sportsbet.io offers a top notch online gaming experience. Their product is almost unbeatable but that is not their only appeal. They sponsor English Premier League clubs Arsenal and Southampton. They also sponsor Watford FC from English Championship. Another team they sponsor is the Brazilian club Flamengo. Their logo appear on Southampton and Watford shirts. They not only promote Betting with BTC through their website, they only promote Bitcoin as a value concept.

Is it safe to bet at Bitcoin Gambling Sites?

Not at all of them. The Bitcoin gambling industry has suffered from many fraud companies offering betting and gambling with Bitcoins and than running away with all the deposits they could collect. As you know, the anonymity of crypto money allows people to do that. That is why we have been extra careful on which site to list on Bitpunter.io and listed only companies with major presence in Europe and license in Curacao. Try to stay away from Bitcoin gambling sites which offer one click registration. You can easily lose your account login at those sites. Also be sure to check that the company is licensed as well. Finally search for them at Bitcointalk forums and see how other people's experiences went.

Do I have to send documents in order to verify my Bitcoin Gambling account?

Mostly no! If you deposit and withdraw with Bitcoin, the Bitcoin Betting company does not have any risk of a chargeback or anything so they do not ask for any documents. If the crypto betting site that you are using offers deposits and withdrawals of fiat currencies with Credit Cards or any other traditional payment methods, they might want to verify your identity with documentation. So stick to cryptos and you will be fine without any documentation. The only other way they might ask for documentation is there might be some other people registering and taking their bonuses at your IP address and household. In that case you might have to prove that you are not a bonus abuser and you are the only one the house using their website.

How can I get help if I have problem with gambling with Bitcoin?

Gamblers Anonymous is the place to go if you encounter any problems with gambling with Bitcoin or any other fiat currencies. Visit gamblersanonymous.org.uk and start getting help immediately. You can find their meetings at their website and join them for free. You can get more help through their phone helplines or by email. Do not let your betting and gambling affect your daily life and get help immediately when you need it.

Can I bet with Bitcoin if I am under 18?

No! You should only engage in online betting or gambling, with or without using Bitcoin, if you are over 18. All the crypto gambling sites are licensed and they are forced to offer gambling only to adults. Thus, they might do random checks in order to ensure that all the clients are above the age of 18.

Bitcoin Gaming Guide 💰

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