Before deciding to try your hand at gambling with bitcoin, it’s worth taking some time to decide which BTC casinos you’ll use. The best place to start is BetOnline, which offers a variety of bitcoin gambling games. But the question is: is gambling with bitcoin legal? The answer depends on your state of residence. BetOnline is one of the few bitcoin gambling sites that’s legal for Americans to play at.
Payment Options
While some bitcoin gambling sites accept a wide variety of payment options, others only accept the major cryptocurrencies. Some sites have hybrid payment systems, which allow deposits in fiat currencies and withdrawals in conventional methods. While most of these websites accept Bitcoin, some have ridiculous minimum withdrawal limits, or require a pending period before withdrawals can be processed.
Withdrawals
Some of the best Bitcoin gambling sites offer instant withdrawals. However, some sites limit withdrawals to a certain amount per week. This is not a problem if you can withdraw your winnings within a day. If you’re in the USA, you can cash out your winnings without any delays. The only drawback is that you might have to wait eight hours to receive your money.
Gaming Interface
A good gaming interface is crucial when gambling with bitcoin. It should be responsive and easy to navigate. A good interface makes the game easy to understand, and it also gives you access to new updates and features. Poorly designed interfaces can lead to player losses. Therefore, it’s essential to research before signing up with a Bitcoin gambling site.
Legality?
There are some legal risks associated with gambling with crypto. Gambling is considered illegal in some areas, and it’s hard to restrict online gambling sites if you’re not in the state where gambling is legal. However, crypto gambling is widely available and harder to ban than other popular forms of gambling. This makes it an attractive choice for online gambling sites.
Recommended Bitcoin Casino Sites
If you’re looking for a Bitcoin casino that accepts multiple currencies, you should check out BetCoin. It was originally a sports betting website that quickly expanded into a Bitcoin gambling site. BetCoin offers players a 100% match welcome bonus up to 1BTC with a free spin.
Coinslotty doesn’t have a welcome bonus, but it does have a great cashback program. In exchange for making a deposit, you’ll be eligible for two bonuses per week. To earn more cashback, you’ll have to continue improving your progress. Depending on how well you play, you could win up to 20% in cashback.