Due to government regulations around the world, online gambling has suffered a decrease in its overall revenue. Instead of just accepting this, most companies have resorted to using cryptocurrencies for their transactions. Cryptocurrencies, such as bitcoin, operate without a central authority. Thus there are no tax or extra charges during the transaction.
Actually, the main reason why a lot of people are now considering owning bitcoins is because of online gambling. Most bitcoin gambling sites are usually not restricted by most governments, so online gamblers from around the world can easily play without any problems. Many such sites can be found at Bitcoinbuster.com
The Benefits of Using Bitcoin
Bitcoin only became popular two years after its initial launch back in 2009, and now its value has increased exponentially. One of the few reasons why bitcoin became very popular is that you can use it without going through your government’s regulations. Most gambling companies have started using bitcoin as their currency for this very exact reason.
Here are just some of the other benefits you can expect when using bitcoin:
● Anonymity – Any transaction that involves using bitcoin will never involve revealing the identity of the individuals using it.
● Easier International Transactions – Since the government does not properly regulate bitcoin, you will easily transfer your currencies to any other country.
● Lower to No Transaction Fees- Compared to other payment methods such as PayPal, bitcoin transactions will either only have a 1% percent fee or none at all.
● Can’t be Seized – Due to its decentralized nature, your government won’t have any power in seizing or freezing your bitcoin wallet.
● Widely Accepted– Somehow, bitcoin is now being accepted by most major companies, and according to statistics, more and more minor companies are now accepting bitcoin as well.
How to Pick the Best Bitcoin Gambling Site
Due to the popularity of bitcoin, more and more bitcoin gambling sites are now being created. Looking for one that is trustworthy and most suited to your taste can prove to be quite difficult. Just because a certain bitcoin gambling site is number one in a search engine, it doesn’t always mean that it is the best one.
So, here are some questions that you should consider before choosing an online gambling website:
● Is it trustworthy?
Because bitcoin does not have any regulations, authorities won’t help you if you are scammed in any case. This is why you should always look for a website that is totally legit.
To easily know whether the site you have chosen is trustworthy, always check the reviews but be warned, there are some fake reviews.
● Does this website have any fun events?
Like the regular casinos, online gambling websites will also have fun events that could give you some significant earnings. It is advisable always to choose websites that have grand events regularly.
● What are the bonuses being offered by this website?
Most bitcoin gambling websites will offer bonuses like free bets for those who will be registering for the first time. The most you could do to take advantage of this is to find a good bonus offer before registering.
Besides the welcome bonus, some of the other bonuses may include:
❖ Match bonus
❖ Reload bonus
❖ Payment method bonus
This may be a little meticulous, but you will definitely get your money’s worth.
● How big is the player volume of this website?
This question is usually applicable to those who will be playing casino games that require other players, such as Poker and Blackjack. Having many players on the website will ensure that you don’t have to waste any time waiting for other players to come to your table.
Besides, having a lot of Poker opponents is a lot more fun and could give you a greater win.
● Can I play with this user interface?
Another thing that could affect your experience in online gambling is the website’s user interface. You should always look for one that is easy on the eyes and responsive.
● What are the games I can play?
The best kind of online gambling websites will always have a variety of games that you can choose from. This will ensure that players won’t get bored easily with their website. When choosing a website, always make sure that they will have games such as poker, blackjack, baccarat, roulette, and slot machines.
● Does this website have 24/7 customer support?
The backbone of the company is always customer support. Customer support should always be available 24/7 because gamblers from around the world will have different time zones. Multilingual and multiplatform support is advisable to ensure that you will have an easy experience if you need to call them.
If you are going to start on your bitcoin gambling journey online, consider the questions mentioned above to get the best experience and avoid any stress on the way.