Why You Should Start Using Bitcoin To Gamble With

**Bitcoin Casino Bonus** · 12 September 2017, 12:36 am

Bitcoin Gambling

Bitcoin was the first cryptocurrency to be used online and was devised by Satoshi Nakamoto who was either one person or a group of people. It was an original concept and has made a huge impact on the finance industry. It does not need a third party to administer and can be sent by anyone or any bank or institution for dealing globally. It is extremely safe to use as Bitcoins which are kept in a wallet and being encrypted are impossible to counterfeit.

The first time a Bitcoin was used for gambling was by SatoshiDice in 2012 and was so popular 50% of Bitcoin transactions were made to the website in the first six months. Satoshi is the smallest percentage of a bitcoin and is named as a tribute to the founder of the currency.

By using BTC to gamble with you have many advantages over fiat currency such as anonymity, instant deposits/withdrawals, no financial transaction fees and a provably fair transparent gambling platform. Traditional betting sites can not compete and it will not be long before we see all the major players accept digital money once regulations have caught up with the new technology.

If you want to try playing at BTC gambling sites make sure you use one the huge paying Bitcoin Casino Welcome Bonus promotions displayed on our site. We are constantly updating the website with new Blockchain casinos and sportsbook betting sites that utilize crypto currency. If you do not want to risk any of your own money you do not have to thanks to the large range of free spins and no deposit bonuses available. You can also use the Faucets to get free Bitcoins whenever you need to boost your bankroll to place bets.

**Antoine** · 12 September 2017, 3:45 am

It seems that more and more casino/sports betting websites are buying Bitcoin related websites.... Which is completely logical from my point of view. In the few next years, we'll see more and more players betting with this cryptocurrency!

Although, I have a question: What about the other cryptocurrencies? Which one also has a chance? We are so focused on Bitcoin but there is so many other crypto...

**Top Domains** · 12 September 2017, 8:43 pm

Well apparently Ethereum has been doing well and become popular. Then there's Litecoin. And these: https://en.wikipedia.org/wiki/List_of_cryptocurrencies. More than 900 as of recently according to Wikipedia.

**tg12345** · 12 September 2017, 8:46 pm

instant deposits/withdrawals

Ummmmmm.......NO.

**Top Domains** · 12 September 2017, 8:47 pm

Originally Posted by tg12345

instant deposits/withdrawals

Ummmmmm.......NO.

Why? What problems do you see?

**tg12345** · 12 September 2017, 8:49 pm

Instant? When's the last time you made a BTC transaction? It's hardly instant.

**Top Domains** · 12 September 2017, 10:28 pm

Okay, you have a point there. For my purposes I was very happy with how long it took recently (not that long), but that was for a domain deal, not for being a customer of a site. If I was a customer trying to use a site for gaming I would not like the delay, but if all you are doing is trying to place a sports bet and there is no real hurry or imminent deadline, then I would not mind how long it takes to clear the BTC. So it seems online betting for sports has the edge for this.

**Betivity** · 12 September 2017, 10:29 pm

I think a few casinos do offer an "instant" deposit and withdrawal with bitcoins. It usually takes around 10-20 minutes though to be credited.

**Top Domains** · 12 September 2017, 11:42 pm

What about Ethereum? Is that instant? It certainly appears to be a highly respected cryptocurrency now.

And regarding this matter of being instant - is it really that important? For instance, let's say you have to wait up to 30 minutes to an hour for a Bitcoin deposit to be verified. After that initial wait, can't the online betting or casino site simply make everything "instant" after that, depending on your dynamic balance?

**eaton2003** · 13 September 2017, 12:55 am

Originally Posted by Top Domains

What about Ethereum? Is that instant? It certainly appears to be a highly respected cryptocurrency now.

And regarding this matter of being instant - is it really that important? For instance, let's say you have to wait up to 30 minutes to an hour for a Bitcoin deposit to be verified. After that initial wait, can't the online betting or casino site simply make everything "instant" after that, depending on your dynamic balance?

ETH has been using as the main buying power behind ICO's. As for gambling sites I believe it will be BTC and BCH.

**DanHorvat** · 13 September 2017, 4:37 am

15-20 minutes is instant enough. For now. Soon it will be instant instant.

**Progger** · 13 September 2017, 5:30 am

popular or not,the most bitcoin user hold this currency and dont gamble with it...

**mahounie** · 13 September 2017, 12:19 pm

I don't know about Bitcoin becoming the de facto crypto to be involved in gambling, but some token will come around that's for sure.

**Doolally** · 13 September 2017, 3:43 pm

The title of this thread is, "Why You Should Start Using Bitcoin To Gamble With".

After reading it, I'm still no further on.

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