The combination of an online casino and Bitcoin processing is a perfect pairing for many reasons. Even so, the use of this online currency is regrettably limited — but not for much longer. We want to take you on a short tour of Bitcoin-friendly casinos that already exist, leading the way for all.
Unless you’ve read up a bit or spoken with an unbiased expert about Bitcoin, you’re probably fuzzy about a thing or two. Let’s clear things up lickety-split. First, its value is not based upon speculation alone, and merchants who deal in Bitcoins are not exposed to any more currency volatility than are international currencies. Second, a transaction with this currency is the online equivalent of using cash, with the same anonymity.
NOTE: All Bitcoin transactions are forever stored and public record. This is not like cash in most situations (although cash serial numbers are frequently used in law enforcement). The fact that there is a Bitcoin registry makes it quite the opposite of most people’s perceptions that it’s a bastion of criminals who are laundering dirty cash. Quite to the contrary, the Bitcoin exchange system is highly transparent and unattractive to criminals.
Lastly, other e-wallets like PayPal gouge consumers with up to around 4% in fees for receiving or sending cash. In the day when Bitcoin is common enough that it’s known as an e-wallet, too, its users will enjoy little or no fees. A huge benefit of it is being able to pay tiny prices online for things like copies of media, subscriptions, or donations — micropayments under a dollar will run smoothly and for free in Bitcoin. Now, a quick look at a few places for Bitcoin-enabled casino action: The first, bitZino, is a pioneer, and we should explain that in addition to Bitcoins this casino offers the Provably Fair confirmation system that ensures casinos can’t cheat. BitZino is about as fair as can be. You can use Bitcoins; there is no software to download because it’s built on HTML5, plus full transparency from Provably Fair. It’s actually a real landmark for real-cash online gaming.
Whoa, if you didn’t know this was a Bitcoin casino then you’d mistake it for a normal one. You get a 100% welcome bonus (just like the normal casinos), and the usual complete selection of games.
This is no ordinary betting site. There’s a Spirit of Satoshi involved, spinning your dice. The house edge is only 1.9%, and, you can use BitCoins. It’s an interesting concept, but not exactly for casino lovers, more for lovers of chance pure and simple.
This is the big one, the influencer, in the gaming market. The news on the ‘net is that Zynga is testing 7 of its games (mostly the ‘-ville’ series) with Bitcoin services attached. Apparently, this online game giant can’t ignore the growing popularity of this e-currency. So if you’re curious about BitCoins and especially casino fun with, then we suggest you try without fear. Top Tip: try to keep the time between buying and spending your BitCoins as short as possible, if you are concerned about value fluctuations — the same as with other currencies.