Bitcoins are no new thing in the world of online gambling. Still, there are people who have engaged in iGaming using Bitcoins and those who have never done so. No matter if you’re the former or the latter type, it wouldn’t hurt to learn a bit about Bitcoin gambling and, more specifically, its pros and cons. Who knows, you might end up adopting a new type of gambling!
The Pros of Playing at Bitcoin Casinos
Let’s talk about Bitcoin casinos first. As the name itself says, online Bitcoin casinos are online casinos where you can gamble using the most popular cryptocurrency in the world, Bitcoins. So, why should you play your favourite online slots at Bitcoin casinos?
For one, higher payout rates. As a rule, Bitcoin casinos offer better payout rates, as they generally have fewer costs than regular online casinos.
“Bitcoin casinos offer better payout rates, as they generally have fewer costs than regular online casinos.”
Two, as Bitcoins are not an official currency, gambling using Bitcoins bypasses certain laws, meaning that it’s not directly illegal in any case.
And three, you can count on rather fast casino transactions, which is always a plus.
Bitcoin Casino Cons
Of course, there is always a downside or two to everything. As for Bitcoin casinos, it needs to be said that certain businesses see less regulation, which is why it is always best to do thorough research on a Bitcoin casino you’re considering signing up at before actually going through with the process.
“It is recommended to do thorough research on a Bitcoin casino you’re considering signing up at before actually going through with the process.”
Certain Bitcoin casinos don’t even have gambling licenses, which is why our advice is to check the casino review, see what types of third-party certificates the casino you’re considering has – if any! - and focus only on trustworthy casinos – preferably even Certified Casinos!
Choose the Best Bitcoin Casinos
So, if you were to sign up at a high-rated Bitcoin casino, where could you go? We can give you a few pointers. For example, BitStarz Casino has an unbelievable CasinoRank of pure 10 and belongs to the esteemed circle of Certified Casinos! Loki Casino also holds the AskGamblers Certificate of Trust and is right up there with is score of 9.47.
Need some more recs? All righty then! You can add to the list another Certified Casino, Oshi Casino, which holds a 9.13 CasinoRank score and, say, TonyBet Casino, licensed by one of the most rigorous regulatory bodies – UK Gambling Commission.
As you can see, there are trustworthy Bitcoin casinos all over the place; you just need to do some research, check all there is to check regarding their safety and licences, and you’ll be fine!
We hope you’ll have fun playing your favourite online and mobile slots at a number of high-quality Bitcoin online and mobile casinos and, if you wish to share your experience with us, you know where to find us – at our forum, of course!