Many people enjoy gambling. Actually more than you can think of. Don’t believe me? Try dropping by a casino on Tuesday or Wednesday evening – you will see more people than on Friday’s night out. Nevertheless, today more people than ever actually play roulette, blackjack and other games from their browsers. Some of the folks like gambling because it just makes their hearts beat faster, other enjoy an idea of having a potential to win big and for some it is just another addition.
Whatever the reason you might have to go for online gambling, this is not a subject of this article. What we will take a look at is something different – top reasons for choosing a bitcoin casino instead of a regular one.
Anonymity at its best
The main reasons why people prefer to gamble online using bitcoins is quite simple. When using this cryptocurrency for your deposits you can actually keep your identity to yourself without revealing it to anyone. Also, there is no need to perform any KYC by a casino, so you don’t have to upload any of your documents, utility bills and so on.
Costs of money operations
Typically each of the payment systems, whether it is an internet wallet or a wire transfer, would charge you some portion of funds when you are topping up your account and cashing out from it. It may not be a trouble if your volumes are small, but with bitcoin casinos this is not a problem at all. You simply do not have to pay any commissions on your money operations.
Speed of funding
Similar to the previous advantage, payments in bitcoins are nearly instant, hence you do not have to wait before your deposit arrives to your bitcoin casino account or when it gets back to your wallet.
Technology in its heart
Bitcoin has mostly gained popularity due to its adoption by the Information Technology community. Hence, you may be sure that people behind bitcoin casinos can be actually much more technologically inclined than the ones developing regular casinos. This might result in a much better quality of the games, less errors and simply put – better experience.
Gambling while gambling
Another important aspect of gambling with bitcoins is that this crypto currency has quite some large volatility. Unlike such currencies as USD or EUR, Bitcoin can change its value for some 20-30% within a day. This way you are going to gamble with the currency that can easily change its value. Hence, if you lost 20% of your stack in blackjack, but bitcoin gained 20% towards USD, you are essentially at your break even point. However, this may also strike back. It is possible to get some nice winnings, but receive less money in USD than your initial deposit due to bitcoin’s depreciation.