What Are The Best Gambling Sites That Accept Bitcoin?
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How To Deposit With Bitcoin At Online Gambling Sites
The steps to deposit with Bitcoin at cryptocurrency gambling sites can be a bit daunting for new users, but once the process has been completed it is like riding a bike. We have outlined the steps for how to gamble with Bitcoin online below to ensure a simple and stress-free experience.
- Enter the deposit section of your online gambling site.
- Select your Bitcoin as a deposit method.
- Enter how much you wish to deposit.
- Scan the generated QR code or enter the address given into your Bitcoin wallet.
- Send the amount of BTC you wish to deposit to the gambling site
- Approve the payment, as well as whatever fees may be imposed (miner’s fees).
- You’re done! Just wait for the payment to hit your account and start gambling.
Want To Follow Along At Bovada?
How Do I Withdraw With Bitcoin?
Bitcoin withdrawals from online gambling sites are only offered for those who deposited with the crypto in the first place. If you did that, then you should be good to go as long as you follow these steps:
- Enter the withdrawal section of your online sportsbook.
- Select Bitcoin as your withdrawal method.
- Enter how much you wish to withdraw.
- Scan the generated QR code or enter the address given into your Bitcoin wallet.
- Wait for the payment to process, which should take a negligible amount of time.
- You’re all set! Spend your money as you please!
Bitcoin Casino Sites - Play Online Slots, Table Games, And More With BTC
There are many great Bitcoin online casinos for Americans to choose from. Whether players want an elite all-around casino that takes Bitcoin like Bovada or a more slots-focused gambling provider like Slots.lv, there are sure to be great options available. All of the sites that are reviewed on this page have a casino that allows players the chance to win big playing slots, specialty games, and table games. The ratings our experts have given for the best US online casinos are below, as are their BTC bonuses for new players.
Best Bitcoin Casinos
Bitcoin Sports Gambling Sites - Bet On Sports With Crypto
Many sports gambling sites accept Bitcoin, but almost none of those that do are located inside the US. Only Wyoming's regulated sportsbooks can allow crypto deposits via House Bill 0133, with all other states not permitting it at state-regulated books. All other BTC gambling sites are located internationally and not subject to crypto restrictions put in place by individual states. This international status is also beneficial to sports bettors because Bitcoin gambling sites offer more betting options because of their global appeal.
Best Bitcoin Sports Gambling Sites
Pros Of Bitcoin
Cons Of Bitcoin
Why Do Gambling Sites Take Bitcoin?
Online casinos, sportsbooks, and all other gambling sites that take Bitcoin for real money betting are incentivized to do so for a few reasons. First, the online gambling sites that accept US residents are not charged any fees when they take Bitcoin deposits. Specifically, this is unlike the fees that merchants incur when processing credit card payments or deposits. Secondly, Bitcoin (and all other cryptos) deposits are never flagged by the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA). This act prevented banking institutions from processing any payments to online gambling corporations and would often lead to players getting their deposits declined. By taking the crypto, Bitcoin gambling sites ensure that players who want to join can.