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How to Go About Playing on those Bitcoin Gambling Sites

If you are an avid player of online casinos, then you have probably encountered the term Bitcoin gambling. Indeed, gambling with the use of Bitcoins has quickly gained so much popularity in the online gambling community and more and more online casinos are beginning to accept Bitcoins.

As a matter of fact, the popularity of Bitcoins has gone beyond the online community for there are offline casinos that are considering the thought of adopting the use of Bitcoins. Gambling with the use of your Bitcoins online is actually the same as the usual way of playing on online casinos using real money.

But just like with playing in a typical site, it is important that you exercise caution and that you should make sure to find a website that you can put your full trust on.  There are absolutely so many online gambling sites these days that offer Bitcoins. But take note that not all of them offers to give you the exact same benefits. Others would provide more than what others could offer, while there are also those that give mediocre benefits to gamblers. That is why it is important that you carefully choose a gambling site to play with your Bitcoins.

Choosing a Gambling Site

The first step in playing Bitcoin gambling is to look for a site. There are lots of things that you need to consider when it comes to this. First of all, you need to do research about the reputation of the casino operator. By researching, you should be able to gather details on how long the company has been in the business and on whether they have good feedback from the online gamblers who have tried playing on their site.

Another thing to consider is the bonuses as well as the promotions that the gambling site could offer to its players. And as mentioned above, not all gambling sites offer the same promotions. It is best to choose the website that is capable of providing a wide array of bonuses and promotions so you will have plenty to choose from.

It is important to make sure that the Bitcoin gambling site that you will choose will give you the best chances of winning. After all, the main reason why you are gambling is to win, right? So learn about the casino’s statistics and research about its current jackpot totals.

There should also be a wide range of games that the site should be able to offer. Remember that the more games that you can play on the casino, the more your chances of winning. Basically, research is the key to finding the best gambling site to play your Bitcoins.

How to Buy Bitcoins

So now you have found the best site to play your Bitcoins and you are now familiar with the various casino games that you can play with. But remember that before you can start playing, you must make sure to have enough Bitcoins on your Bitcoin wallet. There are various ways of which you can acquire Bitcoins in order to play your favorite Casino games, and here are some of them.

  • PayPal – if you have a PayPal account, then you can use that to purchase Bitcoins. But you need to remember that you cannot directly purchase Bitcoins using your PayPal account since it is risky for the part of the seller. The reason is because buyers can always perform a chargeback and the seller will have no way to contest that from PayPal.

Also, there are a lot of Bitcoins that have been hacked and if PayPal realizes that the account has been used fraudulently, they will do the chargeback themselves. So when buying Bitcoins, look for other methods since PayPal may not be a good choice.

  • Credit Card – another option is to use your credit card in buying Bitcoins. The Virtual World Exchange will accept all major credit cards in buying SLL which you can later on trade with Bitcoins. This method is faster than other options, although this might require you to pay a hefty amount of fees.
  • Bank Transfer – you can also opt for bank transfer when buying your Bitcoins. Coinbase for instance, will sell Bitcoins by connecting to some US based bank account. For this option, you will need an account number as well as a routing number which you can find on your check.

You can also choose to link a credit card on your bank account and use it to purchase Bitcoins from Coinbase. Aside from Coinbase, other merchants that sell Bitcoins through bank transfer are Bittylicious, BitBrothers LLC, Kraken, bit4coin and many more.

  • Cash – local Bitcoins will allow buyers and sellers to meet up and exchange Bitcoins in various means, including cash as well as wire transfer. For this Bitcoin exchange, some buyers can also make use of Skrill and Money Bookers. Local Bitcoins also offers the Bitcoin escrow service which holds the funds until such time that the transaction is completed and therefore, it minimizes the risk of fraudulent transactions.

Aside from the methods mentioned above, there are several others ways which you can acquire Bitcoins in order to be able to play on Bitcoin gambling sites. Just make sure that you exercise caution in dealing with different Bitcoin merchants since there have been lots of frauds that are going on in the World Wide Web these days.

Playing your Favorite Bitcoin Casino Games

As soon as you have Bitcoins available in your wallet, then you can begin playing your favorite casino games using your Bitcoins. So visit the gambling site that you have chosen to pay your Bitcoins and when you reach the homepage of their site, click on the name of the game that you want to play.

When you click on the game, the website will ask you to register. But don’t worry, registering will not require you to enter your personal information, not even your complete name and address so you will remain a hundred percent anonymous.

Most of the Bitcoin gambling sites will merely ask you to generate your own username and password which you will use as login credentials in case you need to play again in the future. Aside from the username and password, you will also be asked to enter your email address. After that, you will be asked to type in a Security Code and at the bottom of the page, you will find the terms and conditions.

It is important to spend some time in reading the terms and conditions about registering for an account with the gambling site. If you agree with all that’s been said on the terms and conditions, you will then be asked to confirm that you are of legal age and that you accept everything that has been stated on the terms and conditions. Then click the register button so you will be registered on the gambling site and you can start playing with the use of your Bitcoins.

So as you can see, playing your favorite Bitcoin Casino games is just so easy. Since the games start and end with Bitcoins, then you can pretty much play with 100% anonymity. The transactions are quick and simple and you will certainly have a great deal of fun while enjoying your favorite casino games. You can even choose from a wide range of casino games and as a matter of fact, almost every gambling game in the world can now be played using your Bitcoins, whether it’s sports betting, lottery, poker, dice, etc.

How Do I Gamble With Bitcoins?

How do I gamble with Bitcoins?

Unless you have been living under a rock lately, you have probably heard about Bitcoin.  Bitcoin was created in 2009 by an Anonymous figured named Satoshi Nakimoto.    Bitcoin is a peer to peer decentralized currency that allows anyone to send value to anyone in the world with the click of a mouse.   Bitcoin uses no banks and the value is set by supply and demand.   At the time of this post the value of 1 Bitcoin is about 939 USD.

As you might expect there are certain industries such as the gambling industry where the true power of Bitcoin shines through.

In the old days, getting money to an online casino required a few days of wiring money or direct depositing your funds to the site from your bank.   Getting the money out required the same amount of waiting.  With Bitcoin, your funds are sent to the online casino instantly and you can start playing right way.  When you are done, you can withdraw instantly with the click of a mouse and have the Bitcoins right back in your possession.

Bitcoin casino’s also add another aspect of gaming which is called “provably fair gambling”.  I’m not an expert but this adds an extra layer of trust since apparently you can prove that their odds of winning aren’t being tampered with.

Is gambling with Bitcoin legal?

This is a question alot of people ask, I think the short answer is that nobody really knows.  Since Bitcoins can be sent anywhere in the world and anyone can set up a Bitcoin gambling site anywhere in the world it will be a tough thing to regulate in the future.

How do I get Bitcoins?

One of the easiest ways to buy bitcoins in the United States is through a site called Coinbase.  Basically you link you bank account and then purchase Bitcoins.  Coinbase is located in San Fransisco and is backed by some of the biggest names in venture capital funding.

Visit Coinbase

What are some of the most trusted bitcoin gambling sites on the web?

Our site is dedicated in promoting the best and most trusted Bitcoin gaming sites on the web.  None wants to send their Bitcoins away and see the site disappear a few days later.

One of our other favorite sites is called Coinbet.cc.  Here you can do Sports betting along with all the other things Bitcoin gaming sites have to offer. Plus it has tons of Casino games and offers an extremely generous Deposit bonus of 125%!

If you are into playing poker with Bitcoins, the fastest growing site would be Seals with Clubs.  They have been around for a few years and have never let their users down.

Visit Seals With Clubs

As Bitcoin continues to grow, so will the gaming industry, please check back here to find out which ones are legit and which ones are not.

Thank you for reading.

Buy Bitcoins in US easily using Coinbase

If you are in the US and wondering “Where do I purchase bitcoins?”, there is a new site called Coinbase.  Based in San Francisco they have secured a half million dollars in startup funding and are becoming pretty popular.

Basically all you need to do is Link your bank account to their site.  This can be done 2 ways.  There is instant verification or deposit verificatio.  With deposit verification, they will deposit a small amount of money in your account, and you need to tell them what the amount was.  This usually takes a couple days.

I personally have been using Coinbase for the last 3 weeks and have not had a problem.  Once you actually decide to buy the bitcoins, you wont get them for 4 business days or so.   That is a little bit of a pain but, alot easier than some of the other options out there.

After you receive your Bitcoins in your account, hit the “Send Money” tab on the top right corner and enter the Bitcoin address you wan’t to send them to.  Click the URL to visit.  http://coinbase.com