The Best Bitcoin and Crypto Gambling Sites Online
With the introduction of cryptocurrency, gambling has really taken another good trend. If you are not able to identify substantive excitement following the volatility of the Bitcoin market, then you should consider Bitcoin gambling sites. A good thing about these sites is that they are equally created but there those that stand out in terms of their efficiency. Therefore, the following are some of the best bitcoin gambling sites.
Bitstarz is one of the highly popular Bitcoin casinos. It is one fair casino under the regulation of the government of Curacao. It provides at least 1,000 quality games, although it doesn’t provide a feature for a sportsbook where one can place bets on popular events. Bitstarz can accept varied currencies and it is not limited to only the cryptos. It allows deposition of funds through Bitcoin Cash, Neteller, Skrill, Ethereum, Litecoin and many more. This makes it be highly accessible by users from different parts of the world.
They provide support to their customers via social media, email and online chat. It is also, one of the most attractive casinos when it comes to design. They can also, avail feedback through Reddit, meaning that they show more concern to the experiences of their customers and willingness to help.
2. Nitrogenous Sports
Considering the Nitrogenous Sports, Bitcoin Reddit threads and the number of the views, you can be sure this is a fantastic Bitcoin betting platform. Nitrogen has been in operation since the year 2013, and so far, it has pulled thousands of gamblers in different parts of the world. It provides markets of any sport you may think of.
The minimum betting amount for Nitrogenous is 0.001 BTC. However, the largest amount depends on different factors such as league, sport etc. Withdrawing and depositing of funds take less than an hour, and in some situation, it can take less than 10 minutes.
The customer support for this great site is offered through a ticketing system and email. Despite the method used, you will always receive fast and most helpful feedback. It is 100% anonymous; the process of sign-up does not require any personal information or even an email.
Cloudbet is one of the leading in the industry of Bitcoin gambling. This great online casino was established in the year 2013. It boasts of good reputation as it provides its users with easy navigation and an intuitive’ experience on the site.
Cloudbet provides sportsbooks on any minor or major sport. This amazing site comes with a huge selection of live’ betting without forgetting the many market deals. They provide live sports on major leagues such as the champion’s league, NBA, NFL, NHL as well as Tennis and crickets.
The enticing feature about Cloudbet is that they give their users a bonus of 5 BTC depending on your first stake amount. Currently, you can bet with as low as 0.001 BTC. In fact, this is the best for those not interested in huge-stakes gambling. For the high-rollers’ you can bet at least 36′ BTC.
They provide customer support via email and live chat. Therefore, it doesn’t matter whether you are a beginner or an expert; Cloudbet is a good Bitcoin betting site to go for.
If you are a regular browser on Bitcoin sportsbooks’ Reddit threads, you must have noticed Sportsbet regularly pop up. This is relatively a new betting operator in the gambling industry, but its popularity has grown tremendously. Sportsbet comes with a modern and attractive look, expensive sportsbook carrying highly competitive odds, and different types of bet.
Additionally, it allows withdrawal time of less than15 minutes, although in some cases it can take longer. It offers a standard minimum of 0.001 BTC, while maximum varies. In order to get registered on this site, you only need your date of birth and email. Also, they provide customer support through email and live chat 24/7. It is an amazing site.
1xBiT acts as a spin-off sportsbook from betting’ site 1xBet. It has been offering casino games such as Slots and Bitcoin dice, and sports wagering’ since the year 2007. It comes with design and user-interface that can be upgraded although it may not have an effect on the site’s business. 1xBit provides standard’ sports-betting features such as different types of bets’, all possible leagues and sports, live-chat their customers, fast payment and many more. Additionally, 1XBit assures a 100% first deposit that matches a bonus of 1 BTC. Unlike other Bitcoin casinos, it is an Android mobile app dedicated to allowing mobile betting.
Bitcoin’ sports betting can be the best pastime for improving your financial musles. So, you only need to identify the right site for you. Therefore, above are some of the best Bitcoin betting sites you can engage, although there are others. Always remember gambling can be addictive, so you should not risk Bitcoin fund, which you can’t bear.
But is cryptocurrency/bitcoin gambling legal???
With Bitcoin Gambling and Gambling on the Internet, there are many legal grey areas. Most countries in the world currently have no restrictions against online gambling with the Crypto currency Bitcoins. However, some countries have a clear position on Internet gambling in general and restrict or even prohibit it by state regulations.
Most national governments do not officially recognise Bitcoins as a currency, but the restrictions or bans also apply to the Bitcoin gambling industry, especially online and mobile gambling. Some states make exceptions only for (state) lotto games and sports betting.
IS ANYONE REALLY PAYING ATTENTION?
Bitcoin Gambling LegalDespite the above mentioned legal regulations, Bitcoin Gambling providers and players regularly abuse Bitcoin Gambling because the industry is very difficult to control. Bitcoin Gambling services are also available over the Internet in countries where online gambling is restricted or prohibited. In addition, Bitcoin Casino can be accessed via a VPN, which can easily remove geo blockages for everyone. Every day, millions of players worldwide access Bitcoin and online casinos. It is almost impossible for a state to control all players.
In a normal game with one or the other win, there will certainly be no problems in the Bitcoin Gambling Casinos. But the whole thing becomes problematic if the player wants to deposit or withdraw a lot of money, for example after a jackpot win. For deposits over 10,000 euros, the European Money Laundering Act applies and the player must (be able to) prove where the money comes from. The same of course applies to high money winnings. Serious European Bitcoin casinos comply with EU regulations in order not to endanger their own gaming licence. The situation is different with illegal BTC casinos, which usually have no or very few limits.
Countries in which gambling is only possible to a limited extent:
Australia: The Interactive Gambling Act (IGA) prohibits Bitcoin online gambling by domestic and offshore casinos from other countries. There are exceptions only in the sports betting area.
China: Local and internet gambling is only allowed in Macao and not on the mainland. Participation in the state lottery is permitted.
Germany: Online sports betting and gambling are allowed in some federal states if an official German license has been purchased. However, since German gaming laws cannot be fully enforced internationally, there are various special cases regulated by the EU. In principle, gambling in offshore casinos is illegal BUT depending on the provider’s place of business and taxation. For example, a gaming licence acquired by the state in Malta or Gibraltar can also apply to the European market including Germany. Bitcoin casinos located in the Seychelles, Bermuda, Isle of Man, British Virgin Islands or other tax havens, where no taxes have to be paid, are exempt from this regulation.
India: Online gambling is neither forbidden nor permitted here, but some countries in India have officially banned it under the Bombay Wager Act. The situation is similar to Germany.
Israel: According to Israeli Penal Law 5737 – 1977, Israel’s gambling legislation prohibits gambling. The only exceptions are lotteries and sports betting.
Malaysia: Online gambling providers are not allowed to offer gambling to the inhabitants of Malaysia. The use of online casinos is even punishable.
Russia: Similar to Germany, general gambling is allowed in certain parts of the country. For Internet casinos there is no uniform regulation yet.
Turkey: Online gambling and gambling is generally prohibited in Turkey.
USA: Under the Unlawful Internet Gambling Enforcement Act (UIGEA), banks and credit card clearers are not officially allowed to transfer money to online gambling providers. However, many Americans ignore the legal regulations.
Criminals usually do not use Bitcoin Gambling Casinos with official state licenses for their money laundering activities. For this purpose, the illegal BTC casinos are preferred. As players, these Bitcoin casinos should be used with caution to avoid becoming a victim of fraud or abuse. Once Bitcoins have been sent to the player wallet, there is no turning back and no legal action against the casino operator.