Tag Archive: cryptocurrencies

Although Bitcoin and other cryptocurrencies like Litecoin, Tether, and Dogecoin, may be popular with tech-bros, mere mortals like us struggle with all the jargon and processors necessary to even purchase Bitcoin. To know where to go on the Internet to find Bitcoin for sale is a mystery for many online gamblers. Then you have to consider where to store your crypto. Once again, there are so many types of wallet available, and each one has it's pros and cons. Buying Bitcoin is hard!

Different players from countries around the world tend to spend huge variations when it comes to both online and land-based casino, lottery and sports betting spending. From the numbers we can see that Australians top the list. Much of this has to do with attitudes towards gambling in different societies. Many struggle with balancing a negative religious viewpoint with the reality of all those gambling tax dollars being able to help subsidise public spending.

When you make a deposit in a regular and reputable online licensed casino, you are willing to take a calculated risk that the casino in question will not run off with your funds. That's because the gaming license covers you for any bad behavior that might end up costing your bankroll. But an offshore crypto casino feels no such obligation towards their customers. You have no idea whether their games are fair or how seriously they take their financial responsibilities with your cash.

Nothing is as irritating as having to wait to get your hands on any online casino winnings. After all, you've spent real money with the online casino in the form of deposits. And yet when it comes to getting what's rightfully yours, the casino suddenly seems to drag its feet. However, there are many reasons why payouts might be delayed. Many of these are related to the payment methods as opposed to the casino being deliberately difficult. So, are there faster options for UK players?

Bitcoin has certainly come a long way in a relatively short time frame. Today, many of the biggest online casinos accept Bitcoin as a valid payment option. However, there are some factors that make using Bitcoin for deposits and withdrawals a risky venture. With the cryptocurrency being anonymous, fraudsters can run riot simply because any users don't understand the serious security implications of using a crypto wallet. Also, Bitcoin is extremely volatile making it almost useless as a currency.