Bitcoin Casinos No Deposit Bonus

Because it enables many online casino operators to avoid burdensome regulations required by traditional online casinos, Bitcoin casinos have become increasingly popular. Readers can learn about the most reputable Bitcoin casinos and the essential things to check before choosing a casino.

What is Bitcoin?

Blockchain technology, developed by the innovative Bitcoin team, makes the currency highly secure, allowing users to maintain their anonymity. Online gaming customers need to have a high level of security and anonymity. Players want to keep their identity and financial information secure while also ensuring that their private information is not compromised.

Due to this guarantee, bitcoin is beginning to gain popularity in online casinos. Unlike the traditional system, where institutions like banks and governments control currency, bitcoin is a decentralized cryptocurrency that anyone can use without being controlled.

Players can create a Bitcoin account and use it to buy and sell. You can separate four types of Bitcoin wallets according to where they are kept and who holds them: desktop, mobile, online, and hardware. For beginners, the simplest option is to set up an online Bitcoin wallet.

Before purchasing a Bitcoin exchange, users must first register for an account, then go to the exchange to use a credit card, debit card, or online banking to purchase Bitcoin. If and when they want to sell their Bitcoin, they will have to follow the same process. Once a player has received Bitcoin in their Bitcoin wallet, they can then go on to the next step and make their first deposit to a Bitcoin-based online casino.

Top 4 bitcoin Casinos USA

7Bit casino

Some of the more generous signup bonuses are available at 7Bit Casino. To reward new players, bonuses of up to 1.5 BTC are available, along with free spins. Your first deposit earns you a 100% bonus (up to 1.5 BTC), and your second and third deposits earn you a 50% bonus (up to 1.25 BTC). The games from 7Bit Casino are provably fair. Players have the option to play slot machines, live table games, and jackpot games. Gambling is prohibited on 7Bit Casino for players from the United States, United Kingdom, Israel, Italy, France, and certain other countries. Under Antillephone N.V., the casino is regulated. You can deposit bitcoins, ether, dogecoins, and litecoins as well as traditional methods of payment. 7Bit Casino has removed the confirmation requirement for crypto deposits, which speeds up the onboarding process for crypto players.

Bitstarz

Many people consider Bitstarz to be the most popular Bitcoin casino around. The casino is made safe and overseen by the government of Curacao. Though the number of games available is over 3,000, it does not include a sportsbook feature. Bitstarz can also consider multiple currencies, and it is not limited to cryptocurrency alone. While several deposit options are available for new users, such as Neteller, Skrill, Skrill Cash, Litecoin, Ethereum, Dogecoin, and Bitcoin Cash, it’s much easier for those who already own Bitcoin. If you have questions, you can get help through social media, email, and chat. This is also most likely the most alluring casino in terms of appearance. I liked the way Bitstarz deals with customer complaints, especially via Reddit. That says a lot about their commitment to customer satisfaction and the willingness to go above and beyond to assist customers. 

CloudBet

Operating with a license issued by the government of Curacao, Cloudbet has been around since 2013. Bitcoin casino featuring slots, roulette, craps, blackjack, and baccarat is available to customers. This site also offers a live casino with higher limits and a unique feature that lets you sit right away (no waiting required). The site offers live sports betting, including many different leagues, including the English Premier League, the UEFA Champions League, the NFL Betting, the National Basketball Association, and the National Hockey League. It also offers UFC fight cards, boxing, darts, and ATP tennis matches. Competitors are now offering virtual sports betting and esports betting verticals. Security concerns necessitate that all Bitcoin deposits are handled securely. This means that deposits are kept in cold storage, offline and away from possible online threats. Hot wallet funds are stored online to ensure player withdrawals are processed quickly. Gamble with eight cryptocurrencies that includes Bitcoin Cash, Ethereum, Litecoin, Paxos, USDT, USDC, DAI, and another one yet to be released. You get a 100% up to 5 BTC deposit bonus and a 100% up to 5 BTC welcome bonus at CloudBet. 

Stake

Stake offers a good selection of games, live chat support that is available all the time, and anonymity. Curaçao is known as a casino island, which means that the casino is provably fair and is subject to government regulation under the government of Curaçao. Therefore, players from the United States, Australia, Curaçao, and the Czech Republic cannot play at the casino. The casino accepts cryptocurrency deposits such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, XRP, TRON, EOS, and Dogecoin. A minor point to note: Stake also provides a free money faucet and starting balance to its users and free money via email. Not only do they have daily and weekly competitions, but you can earn rewards as you play Stake. A very low house edge (on the order of 1%, and depending on the game) is available on a wide selection of games in the casino.

Real Money Casinos

Real Money Online Casinos

It's a chance to discuss online casinos in the United States that accept real money! This page's objective is to assist you in locating the best real money casino for you. We'll also go into a number of other information about these casinos that you should be aware of.

Popular Online Casinos for Real Money

These are just a couple of the many ways you can play the best online casinos for Real Money. For those who want to understand more about each game, we'll go over it in greater depth in this article.

Real Money Blackjack

Blackjack is a well-known online real money game. You will have no trouble finding a real money blackjack game, even in the United States, as it is available at almost all casinos and online casinos.

Real Money Craps

Craps is one of the most famous casino games. You may have heard how much jeering, shrieking, gasping, and cheering goes on at the craps table if you've ever visited a land casino. There's a good reason for it! This game is both exciting and lucrative at the same time. We'll go over some of the best reasons to play craps for real money online in this segment.

Real Money Roulette

Playing roulette for real money online is a fantastic option. Just make sure you play at a safe, legitimate casino location. Many roulette casino sites offer a welcome bonus, as well as reload bonuses, cashback deals, and other exclusive offers.

Real Money Baccarat

Online real money baccarat is a fantastic alternative. To get started, you can have a lot of fun, win a lot of money, and claim a lot of generous welcome bonuses. Baccarat is a simple game that can be enjoyed by players of all skill levels. Just one question remains: where would you play real money baccarat first?

Real Money Poker

There are several top online poker websites that accept players from the United States. You won't have access to any of the options open to the rest of the globe, but there will be plenty of high-quality games with large prize pools.

Other Games for Online Real Money Casinos;

Real Money Slots

Real Money Keno

Real Money Bingo

Real Money Scratch Offs

Apps for Real Money in the United States of America

Apps are an increasingly common way to play real money casino games in the United States. They enjoy the ease of being able to simply take out their mobile and have some casino games waiting for all wherever you are.

It's worth noting that not every casino offers a mobile app. Without a doubt, any US online casino we endorse can be accessed from a mobile device. Apps, on the other hand, are completely different from each other.

All of these casinos can be set up just like an app by adding a mobile web page to your phone's home screen. It is entirely up to you which method you use. People continue to debate whether a mobile app or a mobile website is better, but it ultimately comes down to personal preference.

Although a real money casino app can be made to cater to your specific needs in certain cases, we have had no problems using the casino's mobile site.

Real Money Casino Conclusion

To summarize, there are several real money casino options available in the United States. You have choices not only for where to play, but also for how to play. Select one of the finest real money US casinos or apps, and then decide whether you want to play blackjack, roulette, or both with live dealers!

Your choices seem to be infinite, and we hope that we have been of assistance in your quest for a respectable real money casino in the United States.

Real Money Casino FAQ

Is it safe to put my money in an online casino?

Your funds are safe, stable, and licensed if the casino is. The best way of getting one is to stick to the list on this page, as we only included the safest online betting portals.

Is it possible to play real money casino games on my mobile phone?

Yes, you certainly can. All you have to do is open your mobile browser and go to the casino of your choosing. Some online casinos also have native mobile applications for download and installation on your phone or tablet.

For deposits and withdrawals, which banking methods should I use?

Examine the various payment options available at the casino of your choosing. Credit cards, debit cards, PayPal, cash at cage, and other payment options should be available at most US-facing casinos. When choosing a payment method, keep in mind the deposit and withdrawal limits.

How can I be sure the games are fair?

RNG (random number generator), a program that ensures maximum protection, is used in all games provided by reputable casinos.

No Deposit Casino Bonus

When you sign up for an online casino in New Jersey, you can look into welcome bonuses such as no deposit bonus codes 2021. This is one of the most popular forms of bonuses that you can come across. So make sure you know what this form of bonus is and how to receive it, as well as other sign-up bonuses.

Web Online Gambling

Online gambling is, indeed, legal. If you've been putting off playing because you're worried about the legality of US gambling sites, don't be. The policies and rules that apply to these sites are aimed at the markets themselves and their operating bases.

At the national level, online gaming is considered to be fully legitimate. However, state governments regulate the majority of its practice and regulation. The position of the person putting the bet or playing the game is often secondary to the location of the person receiving it for customers in the United States. In the end, legality is decided by the casino's location or the location from which the website operates. Play Now! and get Free No Deposit Casino Bonus Codes USA at your favorite casino sites.

The Top 3 No Deposit Casino Bonuses

Any of the no deposit casino bonuses we've chosen is worthwhile, but our favorites are the three mentioned below.

Unibet Casino

A fantastic range of jackpot slots, as well as excellent existing customer promotions, will keep you coming back for more.

Pala Casino

Pala is another online casino that offers a sizable incentive to New Jersey residents, as well as a wide selection of table games and slots to try out.

Bet MGM Casino

There are more slots and table games than any other online casino in New Jersey, as well as the most live casino action.

A no deposit casino bonus is a promotion where you receive bonus cash just for creating an account. As implied by the name, you do not need to make a deposit to receive the bonus cash. So, a no deposit casino bonus can be a great way to try out a new online casino.

What are some Casinos that Offer No deposit Bonuses

No deposit casino bonuses are free money that can be used to play and win real money games. The criteria for these no deposit casino incentives will differ, so make sure you read them carefully. Typically, the only requirement is that you create an account with the online casino.

No Deposit Bonus Codes

In order to earn a welcome bonus, such as a free spins casino bonus, you will need to use an online casino bonus code. Most times, online casino bonus codes are only available during particular seasons and are only given to customers as part of a special promotion. One of the most entertaining features of online casino bonus codes is that you can get one at any time.

Most online casinos provide coupon codes to their loyal customers as a way to entice them to keep playing. As a result, you should keep an eye on your email address for these kinds of offers. This is particularly important since many incentive code deals have a time limit.

Bonus codes based on specific games are also possible. For instance, you may have a code for a free spin in a real money online casino slot machine. An online casino bonus code can be a perfect way to check out a new game you haven't tried before.

No Deposit Casino FAQ

What is a No-Deposit Bonus, and how does one get one?

A no deposit bonus is normally in the form of bonus funds or free slot spins. To be considered, players do not need to make a deposit. No deposit incentives are a great way for new players to try out the game range and get a feel for an online casino without taking any risks. The great thing about no deposit incentives is that you can use them to try out a few different casinos before you find one that you like.

What Games Can I Play with a No Deposit Bonus?

Normally, a no deposit bonus is offered to be used on slot machines. Check the terms and conditions to see if the deal is exclusive to a particular game or title. However, it is very much dependent on the casino where you are playing. You can sometimes receive a bonus to use on a table game like blackjack, roulette, or poker.

How Can I Earn Real Money Without Having to Make a deposit?

This is precisely what no deposit incentives allow you to do. Online casinos use special casino incentives to entice new players. These bonuses allow new players to try out their casino without having to risk making a deposit. To take advantage of the bid, all you have to do is build a casino account. This isn't one of those free instant play games where you can play for fun but not win any money.

What does it mean for a no deposit bonus code?

A no deposit bonus code is simply a code that must be entered in order for the deal to be enabled. Not all casinos require the use of a code. But worry no more, because it's quick to locate on their website and on our page.

How Well Can You Trust New Bitcoin Casinos? Reputation is Everything

 

When it comes to online casinos, reputation is everything. In the world of Bitcoin casinos is no exemption — once a new Bitcoin gambling site has opened, it takes some time to establish a reputation of their own before players begin to trust them with their Bitcoin. And for good reason.

There are hundreds of sites that are active or once were, that have been blacklisted over time, as players gambled their Bitcoin and fiat/hard currency only to receive excuses or dodges by the online casinos — basically, the casinos were eager to take their money but didn’t have the funds or desire to pay out. This is always something to look out for when choosing a Bitcoin Casino Site to become a patron of and a good reason to read reviews of casinos before committing. Nobody wants to have a bad experience or lose out on their money from some shifty online gambling site based in Cyprus or Costa Rica or even the U.S. or U.K. Because licensed or not, you won’t be getting your money back if they don’t pay you.

So, Can you Trust New Bitcoin Websites?

As with any website that has to do with monetary transactions, Bitcoin casinos and online casinos (traditional), we always recommend keeping an eye on a new site and see how other players have liked it and reviewed their experiences. Read reviews to see if there have been problems, if they have a good reputation so far of paying out to players, and the pros and cons of the site.

If you don’t want to wait a year or so for the site to gain traction and make a reputation, we recommend starting with very small bets. Whether you use BTC or a hard currency, start small and see if you receive your winnings consistently, if the casino honors bonuses and promotions, and make sure you feel that gameplay is fair (finding a provably fair website is ideal).

The internet is a reflection of the world around us. There will be good websites and bad ones. Trustworthy casinos that will eventually earn themselves a great reputation and ones that will try to scam you. It’s a cold, hard truth, but once you are aware of this, you already have taken steps to avoid becoming a victim.

Are Online Casinos Regulated, You May Ask?

Currently, most of the internet is unregulated in general and online casinos (especially Bitcoin casinos), are often unregulated. This doesn’t mean that an unregulated Bitcoin casino is untrustworthy — it just means that the country of jurisdiction either does not regulate gambling legally or a server and HQ of a site are in separate countries. It is very difficult to regulate websites because most people don’t know where the servers are. This makes it hard for governments to control.

And in cases such as the U.K., U.S., and other countries that are restricted from gambling online, you won’t find a casino licensed by these governments. Luckily, Bitcoin gambling is not illegal since Bitcoin is a cryptocurrency and is in the grey area where no enforcement can be made by the government.

There are highly-respected Bitcoin casinos out there that are not regulated and there are amazing ones that do not have a license (e-gaming) — this is where reputation is important. These are typically casinos that have been around for years and have proven themselves through consistent and fair gameplay, RNG certificates, provably fair technology to ensure fairness, and great customer services and banking experiences with players.

If it is a newer site, it is best if it is regulated so you can have a better chance at the site being legitimate as you try it out.

Provably Fair Trading

Bitcoin uses what is called “Provably Fair Trading,” which is a concept that demonstrates the trustworthiness of online casinos to players. As a player, you definitely wish to ensure that the cards, rolls, slot pulls, numbers, etc… are randomly generated (this is called RNG) and not rigged to benefit the house.

Bitcoin casinos ensure that the house has no edge beyond the game’s natural edge — and some have nearly no edge — that’s a true gambling site. The Blockchain hash is added to gambling results and summarizes what took place before it. This means that in Bitcoin casinos that state they have probably fair technology, the player can manually check every card flip, dice roll, or slot pull to make sure it was actually fair.

Basically, Bitcoin ensures transparency if the casino truly means what they say. A hash cannot be tampered with either because of its unique characteristics — this means that online Bitcoin casinos cannot falsify the record.

How Long Has Bitcoin Been Around?

It often seems like Bitcoin is both new and has been around a long time — time has a funny way of playing tricks on us. Bitcoin itself has existed since 2008 and its security is based on its Blockchain. The Blockchain stores every financial transaction ever made. What makes Bitcoin so popular is not only its anonymity but this is a cryptocurrency that has no monopoly by any man, nation, or organization.

It is a decentralized structure and this is one of the best attributes of BTC. No single entity controls it, so it is nearly impossible to control or manipulate. Also, it is very transparent (while keeping your identity anonymous) — others can check the Blockchain and ensure that there is no tomfoolery.

Take a look at some of the articles below, which can help to inform you about Bitcoin and NJ Online Casinos (both established and new) and the trustworthiness of these establishments. There are also tips on what to look for in a good Bitcoin casino, what to avoid, and a blacklist of casinos you should steer clear of.

Why Bitcoin Casinos are Better Options than Traditional Online Casinos

Bitcoin casinos and hybrid casinos that accept Bitcoin have become more and more popular over the last 5 to 8 years. The popularity of using crypto currencies like BTC, but also others such as Litecoin, Dogecoin, Ether, etc… made their way into online sportsbooks and casinos with great success.

So, what is it about Bitcoin Casinos that make them a better place to place wagers, gamble, and play your favorite casino games? Well, there is a list of pros and cons below that reflect the reasons most gamblers around the world prefer to use BTC over fiat (or hard) currency.

Pros

• Payout Rates are Better

Online Bitcoin casinos tend to offer higher payouts since their site has fewer costs than regular hard-currency gambling sites. There are no costs needed to obtain gambling licensing, for example.

• Legal Aspect

Bitcoin (BTC) is not an official currency, so gambling and playing games of hazard is not directly illegal. The U.S. and other countries sometimes have gray areas where Bitcoin gambling is concerned — so, while online gambling is illegal in this jurisdiction, Bitcoin gambling is not and there is virtually a zero percent chance that you will get in trouble — this is mainly due to the next positive aspect most players love about Bitcoin casinos.

• Anonymous Transactions

The anonymity of Bitcoin casinos are one of the most popular aspects of these cryptocurrency casinos — this is a huge strength that offers players an anonymous option to gamble online and use BTC as currency without having to enter any personal information or banking information.

In addition, a strength of Bitcoin is present in the casino transactions as well. You can deposit and cashout via e-wallets and transfer your BTC easily, instantaneously, and without fees.

Not all Bitcoin casinos are completely anonymous with their signups, so take a look at the registration process in our reviews on this website or when heading to a new Bitcoin casino, take a look to see what information they require upon signup.

Anonymous gambling via Bitcoin is most popular among players from typically-restricted countries like the U.S. and U.K., where gambling with traditional currency online is prohibited. Bitcoin gambling offers a way around this.

• Faster Transactions

Bitcoin transactions occur very quickly, and this is a huge bonus to BTC gambling websites. When depositing and withdrawing your funds, online Bitcoin casinos can get you gambling quicker and cashing out instantaneously. Alternatively, traditional fiat/hard currency gambling sites can take days and days to set your account up with money, and a lot longer to allow you to withdrawal your funds — processing times become tedious in traditional casinos — with Bitcoin casinos, transactions are instant in nearly all cases.

• No Transaction Fees

Costs for deposits and cashing out are non-existent. Rather than having to pay fees as you typically do with traditional online casinos, Bitcoin casinos use e-wallets to transfer BTC into your account. This process is immediate and you don’t have to wait. It is also safer and since you are not using your debit or credit card, there is no chance that your funding could be rejected because it comes from a gambling site.

• No Tax Issues

Regardless of where you reside, your government will not and cannot tax you, even if they magically had this information and wanted to. This is because you don’t need to set your real name when opening for a Bitcoin casino account and in many cases, you don’t need a name at all — just an email address. Also, Bitcoin is anonymous and your e-wallet is safe from prying eyes — including the governments.

Most traditional hard-currency online casinos ask for bank account information, personal information, official ID, a copy of credit cards, and even passports. No thanks! Bitcoin can save you from this.

Cons

As with anything, there are always potential cons, depending on if these issues matter to you as an online gambler.

• Lack of Regulation

With Bitcoin casinos, there is less regulation — no one is observing everything that is happening when it comes to any Bitcoin-based business. Since there is less regulation, it is up to you to read unbiased reviews, keep an eye out, and make a decision about an online casino yourself. Take care in choosing the right BTC Casino for you. Only try your luck on reliable, stable, and online casinos that have a good track record of paying out to players. Also check the “Blacklists” which have up-to-date information on casinos to avoid and to watch out for.

• No Official Gambling License

Since there is less regulation and just about no standards on Bitcoin gaming, there may be platforms out there that may try to cheat you. This is why it is important to check recent Bitcoin Casino Blacklists, check their reputations online yourself, read reviews, and see what other players’ experiences have been before you play on their platforms and deposit money.

Source: www.bitcoin-gambling.net

The Real Differences Between Online Casinos and Bitcoin Casinos

 

If you are new to gambling of any type but are interested in gambling online, you have likely already looked on the web for different casinos and sportsbooks you can play at. If you have found this article, you have searched well — but with hundreds of options out there, you probably need a little help deciding.

One of the most important decisions is whether you want to gamble at a traditional online casino or a Bitcoin casino. As a Bitcoin review and informational website, we can definitely tell you that the safest way to gamble is via Bitcoin. If you don’t have any Bitcoin (BTC), don’t worry — it isn’t as difficult as it may seem to acquire some to gamble.

First things first: Bitcoin casinos are far safer in terms of transactions, both when depositing and cashing out. At online casinos that use cash, your bank could decline your transaction due to online gambling laws. And your winnings could be confiscated if you are caught gambling via hard (fiat) currency.

However, with Bitcoin, your gambling is anonymous and your funds are never tied to you by name. Nor is your account if you choose the right Bitcoin casino. Using a Bitcoin casino means you can curtail the online gambling laws that exist in places like the U.S., U.K., Australia, and so on — this means Bitcoin gambling is legal (well, it’s a grey area, but no one can take action or take your Bitcoin — they couldn’t anyways since your name and information are never attached to your Bitcoin).

Let’s take a look at more differences between traditional online casinos and Bitcoin casinos to see which is the best fit for you.

Currency

As we just went over a bit, one of the main differences between online casinos and Bitcoin casinos is the types of currency used to make deposits and withdrawals. Bitcoin casinos are the best bet since they only process deposits and withdrawals using BTC; where online casinos only use credit cards and bank transfers to use hard cash (e.g., USD, GBP, EUR, and so on). Bitcoin casinos only deal in Bitcoins (BTC) for a variety of reasons.

First, there aren’t any transaction fees when you deposit or cash out using BTC. When you gamble on traditional online casinos with other forms of currency, you likely will end up paying transaction or processing fees every time you deposit or withdrawal.

Secondly, processing time for Bitcoin is instant in nearly all cases — but for regular currency, you will wait at a minimum of hours (but more likely days) to process. Many forms of cashing out (like checks) can take weeks. Playing at Bitcoin casinos means that transactions are instant because the deposits and withdrawals simply go directly to and from your anonymous Bitcoin wallet.

Finally, Bitcoin casinos are far safer options to gamble, both in terms of your identity remaining secret and your Bitcoins being safe. Bitcoin transactions are anonymous and highly encrypted, so it is virtually impossible for anyone to steal your Bitcoins. Online casinos, however, are not anonymous and many forms aren’t secure. This makes you more vulnerable to scams or straight out thefts (especially if you use a credit or debit card online).

Advantages of Gambling at Bitcoin Casinos

When enjoying a Bitcoin casino, you have the ability to win additional Bitcoin with your earnings. Even if traditional online casinos allow you to make transactions via BTC, they will also only offer you the ability to withdrawal with cash only in exchange for the use of Bitcoins.

If you have been taking a look at the value of Bitcoins lately, you will know that its value continues to skyrocket. This means that if you hit jackpots and earn bonuses in BTC rather than other forms of currency, you are winning more money at a Bitcoin casino than you would be at a traditional online casino.

Withdrawal limits — traditional online casinos often have rules that limit the amount of winnings you can actually cash out per day. The processing time for transactions at online casinos also vary. Players at Bitcoin casinos, however, never have to worry about withdrawal limits and all of the transactions are instant (no waiting).

These are two huge advantages for players who want to win jackpots or high rollers who want to make large wagers without any house restrictions.

Conclusion: Bitcoin Casinos are Simply the Better Choice

These are two huge advantages for players who want to win jackpots or high rollers who want to make large wagers without any house restrictions.

Waiting for funds or your winnings are not fun. Nor is paying fees just to make a transaction — you can avoid waiting and fees by using Bitcoin to gamble. Also, as the value of Bitcoin rises, the BTC you have yet to deposit ends up being valued more than regular currency, which means you end up gambling and winning more money.

There are many differences between traditional online casinos and Bitcoin casinos, but one of the more important parts of BTC casinos (for most players) are: the instant transactions and the anonymous nature of gambling and using Bitcoin at these casinos.

Gambling in Bitcoin: The Perspective of Bitcoin Casino Owners

 

There’s no denying that the digital currency Bitcoin, has become more relevant as trade on virtual platforms continues to grow and expand. While Bitcoin does have its ups and downs, just like any other currency that is at risk of inflation and devaluation, it is still considered the future of currency. One of the most positive aspects of Bitcoin is its role in online gambling. This cryptocurrency is beloved by gamblers and online players due to the anonymity it allows and its ability to fluctuate in the market (potentially leading to greater value). Online gamblers who play at Bitcoin casinos have the advantage of receiving promotions that cash players cannot, as well as the benefit of of easy deposits and cash outs. 

Thousands of businesses around the world now accept the cryptocurrency. It took a while for this to occur, as Bitcoin had to shed its former image as a currency used as payment for illegal goods online. When Bitcoin was introduced, the anonymity was taken advantage of by individuals who used it online in a less than reputable fashion. However, the current Bitcoin usage has finally taken its legitimate foothold on the online currency stage as a popular and safe way to make transactions online.

In fact, reputable e-commerce businesses are beginning to accept Bitcoin as payment, including suppliers of Etsy, WordPress, Overstock, and Amazon. This only lends additional faith in the future of Bitcoin, which is great news for those who prefer to gamble online using Bitcoin. 

Gamblers and Gamers: Concerns Relieved

It is after all of the growth Bitcoin has gone through to get to its legitimate place in e-commerce that has finally allowed individuals to feel safe using it online. Nobody wants to put their hard earned money in an account and gamble it if they are unsure they will be paid properly and securely. Since BTC has legitimized itself on selling platforms that are trusted by the public, such as Amazon and Overstock, more and more people have invested in this cryptocurrency with complete faith in its value.

So now gaming firms such as Bitcoin Casinos, are making a killing for themselves and their players, by the use of Bitcoin despite the recent bad press it had received such as the bankruptcy of Mt. Gox, the whole Silk Road investigation with the FBI, and the more recent $72 million bitcoin heist in Hong Kong. Despite a few bad apples out there, Bitcoin is safer to use than traditional currency, which is often hacked and stolen online. 

BetChain and the Confidence in the Bitcoin Market

For Nick Garner of Oshi Casino, he is betting on Bitcoin because the cryptocurrency is something that is integral to the way the internet is going.

Mr. Garner has a front row seat to the online use of Bitcoin, as he utilizes it in his Oshi Casino (a Bitcoin casino) himself. Mr. Garner has said that Bitcoin remains to be the most transparent commodity since “[…] each transaction trace is left in a public ledger known as Blockchain.” What this does, essentially, is helps prevent people from spending the Bitcoins themselves more than once. Think of it this way: if you purchase something online, the equivalent of Blockchain would be your Banking Institution that holds your money — they prevent you from spending the balance in your account more than once by keeping track of your transactions. The best thing about Bitcoin and Blockchain is that they can still do this using unique codes for each BTC and still maintain your anonymity.

Garner also pointed out that Bitcoin transactions are faster and quicker. And they certainly are.

“But anyway, there’s a whole bunch of reasons why bitcoin was interesting, but underneath all that is just the basics of running a casino […] And the bitcoin is really important, because it’s been a niche for us so we find a little spot and we are able to go.”

-Nick Garner, Oshi Casino

Citing his experience as an operator of bitcoin casino, Garner said customers value what he call a “trust footprint.” He pointed out that they have invested heavily in gaming providers in order to assure their players that they are valued.

What the evolution of Bitcoin has done is to hold accountable the users of Bitcoin and to assure Bitcoin gamblers that if gambling on a Bitcoin Casino site such as Oshi Casino, that they know real people are there to help if there is a problem. They do this by using big providers and companies such as MicroGaming and NetEnt. As Garner has stated, these are “not cheap assistant(s), we can’t fiddle around with the RNG numbers on the back end of their games cause we can’t.”

This makes the fundamentals of trustworthiness sprout — you will get a return to player of between 95 and 97.5 percent.

Conclusion

Bitcoin has come a long way from its journey as the new cryptocurrency on the block into a legitimate and widely used source of real currency online. With every month comes additional securities, assurances, in-house oversight, and other methods that are keeping Bitcoin out on the market as the best alternative to traditional cash available.