For many years, bettors were forced to drive or travel long distances to access land-based casinos. Here, they would finally have a sigh of relief because they would at least find a game they will place their odds.
Although land-based or traditional gaming centers helped these gamblers, they did not store many games. To date compared to online casinos, land-based casinos do not have many gaming options.
Because of that, many gamblers have questioned not just the legality but also the convenience of online casinos especially those that use bitcoin as their main mode of payment. For more information on the subject, you can visit BitCoinOnlineCasino.io, which among other things elaborates on the different cryptocurrencies accepted.
Understanding Regular Online Casinos
Online casinos are pretty much similar to land-based casinos. The major difference between the two is land-based casinos have a limited number of games. Besides, most of the land-based gaming centers retain an almost similar catalog of games.
Some of the common games you will find in land-based and online casinos include:
- Roulette
- Blackjack
- Poker
- Slots
Some of the gaming resorts can add:
- Baccarat
- Live poker
- Keno
Online casinos on the other hand can have all these games plus:
- Bingo
- High roller games
- Online lottery
- 3 card poker
- Hold’em
- Craps
- Video poker
- Dice
- Specialty games among others
The other thing about online casinos is that most of these casinos accept the dollar as their main mode of payment. While a few accept some major cryptocurrencies, it doesn’t make them blockchain casinos. In fact, they don’t qualify to be bitcoin casinos.
An Evolvement from Land-based to Online
Gaming is evolving. As such, at first, people only knew and heard of land-based gaming resorts. Later, they moved online, where they offered additional games. Now, they have moved yet another step further.
Today, we not only speak about online casinos. Rather, these online casinos are divided further to provide gamblers with a much narrower option. That means, if a gambler prefers blockchain as his/her main mode of making payment, he/she will choose bitcoin or blockchain casinos as opposed to general online casinos.
With that in mind, many people ask, are blockchain or bitcoin online casinos better compared to other online casinos? Well, let’s see.
Advantages Of Gambling with Bitcoin
First, it is important to understand that bitcoin is the world’s most popular cryptocurrency. As such, many people are now using bitcoin to make and receive payments across the world. Here are some of the advantages of gambling using bitcoin:
They Are Transparent
For many years, traditional casinos (land-based and later online casinos) have been associated with the concealing of information. More often than not, clients have complained that they were not told the kind of information they wanted beforehand.
One such important piece of information is the possible or potential winnings. Besides, traditional casinos often use insanely obscure methods, which in the end give these gaming companies an upper hand, thus depriving their clients of their chances of luck.
At the end of the day, gamblers leave dissatisfied following the casinos’ heinous tricks.
On their part, bitcoin casinos have managed to eradicate these treacherous means of depriving gamblers they luck. These casinos provide gamblers with candid information with regard to the games, available odds, and possible wins in a more transparent and easier-to-understand language.
They Are Cheaper
Those who have gambled in traditional land-based or online casinos can confirm that most of these gaming centers often charge exorbitant costs. The high costs are mainly when one makes deposits or does any transaction.
What is more, gamblers need to meet the various taxes as well as duties especially when one wins.
Bitcoin casinos, on the other hand, do not attract much. In fact, in most bitcoin casinos, the cost of doing transactions is very low and at times even zero. To make them even better, bitcoin casinos do not require regulation.
In other words, no institution or payment service regulates them. With this alone, bitcoin casinos become increasingly cheaper than traditional betting centers.
Bitcoin Casinos Are Convenient
As mentioned earlier, bitcoin is so far the world’s most popular form of crypto. Because of this, many online blockchain casinos accept bitcoin. Besides, anyone can make payment, using bitcoin from any part of the world as long as the gambler has a bitcoin wallet.
It should be remembered that a number of countries have strict regulations on gambling. In fact, some have banned their citizens from taking part in traditional forms of gambling. However, because it is hard to regulate online gambling, people in those countries can have an added edge.
Besides, it will be so hard for authorities in those countries to track transactions made using any crypto, leave alone the bitcoin.
They Are Safe and Secure
Yes, we cannot emphasize enough that bitcoin casinos are perhaps the safest and most secure form of gambling. While traditional gambling centers require clients to provide essential and most sensitive information, bitcoin casinos are far from that.
Debit and credit card details and other sensitive information such as one’s salary and occupation are not a requirement when transacting with bitcoin casinos. What is more, traditional casinos require one to fill in endless forms. That is time-wasting!
Bitcoin casinos ensure the client spends limited time in signing up, submitting only the important information such as name, amount, and the game they are paying for and that is it.
In the event additional information may be needed, there is nothing to worry about. Bitcoin casinos are safe and reliable.
They Offer Lucrative Bonuses
Bitcoin casinos are a charm when it comes to promotions and bonuses. It is true that traditional gambling options offer bonuses. However, compared to what bitcoin casinos give their clients, it is hard to say if what traditional casinos give are worthy to be called bonuses because they give a few hundred.
On the other hand, we have heard of cases where bitcoin casinos give up to 1 BTC. In fact, some even give their clients up to 5 BTC! If you equate that to a dollar where 1 BTC exchanges at $7000, you will see that bitcoin casinos have better bonuses and promotions compared to traditional casinos.
With these few advantages, bitcoin online casinos are indeed a thing to reckon with. They give gamblers an edge over the owners; they are transparent, secure, safe, and convenient. Yes, they have overall lower transaction costs.
