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Bitcoin Gambling Sites

Bitcoin is the most popular financial technology to hit the virtual world. Bitcoin has numerous benefits, one of which is the ease and convenience involved in completing a transaction globally. This cryptocurrency has drastically changed how online payments work and how businesses operate in the online sphere. Only a few have had the opportunity of enjoying the benefits of Bitcoin as a currency and can attest to the fact that it is indeed a convenient way to make payments online.

Best Bitcoin Gambling Sites

There are several betting sites available, but only a handful of them accept Bitcoin during deposits. Bovada.lv is one of such betting sites that accept Bitcoin. Trust is necessary in the gambling industry and with Bovada being in operation since 2011, it is clear that they have built that trust with their clients and have been delivering quality service. Bovada covers a wide range of betting options and events. It offers over 150 casino games which make it stand out from their competitors. More recently, they have incorporated esports betting, offering odds on games like Dota 2, League of Legends, Starcraft, etc. With Bovada, you get a 150% match bonus up to $1500 in casino and 50% up to $500 for sports as a welcome bonus when you make your first deposit with Bitcoin.

Another betting site that allows Bitcoin deposits is BetOnline. According to them, Bitcoin is the easiest way to deposit and get paid on BetOnline.ag. It is fast, secure, and holds no transaction fees. As a bettor, you get a 100% first-time bonus for depositing with Bitcoin, and with subsequent deposits; you get a 35% reload deposit bonus. Its use on the site has become more prominent because of its ease, speed, security, and privacy.

Future of Bitcoin Across More Betting Sites

New technologies have continued to emerge to make the experience of bettors a lot easier. The adoption of Bitcoin as a means of deposit and withdrawal is one such technology. One of the advantages of using Bitcoin is the size of the transaction you are allowed to make. There are caps on how much you can deposit or withdraw per transaction when using traditional banking methods. With Bitcoin, you control how much you wish to deposit without any limitation. Also, all transactions with Bitcoin are anonymous. This is beneficial for bettors who are not comfortable with sharing their personal information or card details online.

As no system is perfect, using Bitcoin has some shortcomings. First, it is not popular among betting sites as a method of payment and withdrawal. Very few betting websites have incorporated the use of Bitcoin as a payment method. That limits the choice bettors are open to when it comes to choosing a betting site. Also, the volatile nature of this cryptocurrency poses a challenge to bettors. The value is not defined as it peaks and plummets on different occasions. In a situation where it peaks just as you are about to make a deposit, you will end up paying more for less value. In times of withdrawal, you can also make a loss if the value plummets at the time of your withdrawal.

Bitcoin deposits are 100% legal across the USA and Europe but if you need to be sure, you can contact support on the site you are looking to play at or the ones mentioned above as they have great customer service and will furnish you with all the information you need.