At BitPunter.io, we are “Bitcoin Maximalists,” but we are not risk-blind. Gambling with cryptocurrency carries unique risks compared to traditional fiat gambling. Because we promote crypto casinos, we have a responsibility to ensure you understand both the psychological and financial risks before you play.
1. The Unique Risks of Crypto Gambling
While Bitcoin and altcoins offer privacy and speed, they also remove many of the safety nets found in traditional banking.
- No Chargebacks: Cryptocurrency transactions are irreversible. Once you send funds to a casino, you cannot call your bank to cancel the transaction if you regret it.
- Volatility: The value of your “bankroll” can change drastically while you are playing. Winning 1 BTC is great, but if the market crashes, your real-world value drops.
- Harder to Block: Traditional self-exclusion tools (like GamStop in the UK) often do not work on unlicensed crypto casinos. You must take extra steps to protect yourself.
2. Tools to Stop & Self-Exclude
If you feel your gambling is becoming a problem, standard website blockers may not be enough. We recommend the following specific tools that work for crypto users:
Blocking Software (Works for Crypto)
These applications are verified to block access to thousands of crypto gambling sites and trading platforms that resemble gambling.
- Gamban: Blocks access to thousands of gambling sites and apps across all your devices. It is highly effective at catching new crypto casinos.
- BetBlocker: A free tool that allows you to block over 85,000 gambling sites. It has a specific “Parental Control” style lock that prevents you from removing it during a craving.
Financial Blocking (Crypto & Fiat)
- Bank Blocks: If you buy crypto using a debit card, contact your bank (e.g., Monzo, Starling, Barclays) to activate their “Gambling Transaction Block.” This stops you from buying crypto on exchanges if the merchant code is flagged.
- Cold Storage: If you hold crypto, move your funds to a hardware wallet (like Trezor or Ledger) and give the device or seed phrase to a trusted family member. Adding friction between you and your funds is the best way to stop impulse bets.
3. Signs of Problem Gambling
Ask yourself these questions honestly:
- Do you view gambling as a way to make money or “invest” in crypto?
- Have you ever lied to family or friends about how much crypto you have lost?
- Do you chase losses, trying to win back what you lost yesterday?
- Do you borrow money or sell assets to fund your gambling wallet?
If you answered “Yes” to any of these, you should stop immediately and seek help.
4. Professional Help & Resources
You are not alone. There are organizations specifically trained to help, regardless of where you live.
- BeGambleAware: (UK/Global) Free, confidential help for anyone worried about their gambling.
- GamCare: (UK) The leading provider of information, advice, and support for the prevention and treatment of problem gambling.
- GamblersAnonymous: A fellowship of men and women who share their experience, strength, and hope with each other.
- Gordon Moody: Specializes in residential treatment for severe addiction.
5. Our Commitment
BitPunter.io is an affiliate site. We earn money when you play. However, we do not want your money if it comes at the cost of your well-being.
- We will never knowingly target minors.
- We aim to list the license status of every casino so you can avoid unregulated “black market” sites.
- We encourage all our partners to implement “Provably Fair” technology and responsible gaming limits (deposit limits, cool-off periods).
Need to take a break? Most reputable crypto casinos have a “Self-Exclusion” button in their settings. If you cannot find it, contact their Live Support immediately and type: “I have a gambling problem. Please permanently ban my account.” They are legally required (under most licenses) to comply immediately.
