SIGN UP AND GET REWARDED WITH EXCLUSIVE NO-DEPOSIT DEALS
Gambling With Bitcoin
When Bitcoin was first introduced its potential was soon realized by SatoshiDice. It was the first site to accept Bitcoin as payment. They soon realized that it would be the goose that would lay the golden egg and over half of Bitcoins volume was channeled into the site.
Casinos always ready to invest as they did not want to get left behind. They started devising their own technology or used firms like SoftSwiss who are developers for the gaming industry. They receive hundreds of requests a month for their services and are limited with what they can do as more and more casinos wish to climb on board.
Although the bets can be small due to being able to split Bitcoin into much smaller units there are some who bet in very high amounts. The spend per month with SoftSwiss alone is over $10 million.
No-one wants to lose these sorts of amounts and since BTC has been accepted as a legal currency its popularity is growing. It favors both the casino and the gambler as it is anonymous has no third-party like a bank so no fees and is nearly an instant transaction.
Because of Bitcoin new exciting BTC games have been developed and the graphics along with the variety of games is overwhelming. It is no longer thought of as just somewhere to lose a little or win a little but is now a wholly exciting experience.
In 2006 the USA brought in a bill curbing online gambling sites much like they brought in prohibition in the 1930s. In 2011 they shut down the three most popular sites making it illegal to process payments through US banks.
This, however, was not possible with Bitcoin and sites using Bitcoin as the only currency could not be closed. Since then the US has started to change its policy in a number of states. It is sometimes hard to understand the policy adopted by the USA on gambling. When you look at cities like Las Vegas and Atlantic City and bearing in mind the turnover from gambling is over $100 Billion. It also creates 350,000 jobs and bringing who knows what in taxes.
There are many innovations taking part with regard to gambling with Bitcoin and one of these is provably fair technology. It ensures you have all the facts of house edge percentage and involves a random number generator program. That is impossible to cheat and you don`t need Flash or Java plugins.
The more people adopt Bitcoin as a gambling currency the more it will develop and its popularity will increase.
Disclaimer for Bitcoin Casino No Deposit Bonus
We are doing our best to prepare the content of this site. However, Bitcoin Casino No Deposit Bonus cannot warranty the expressions and suggestions of the contents, as well as its accuracy. In addition, to the extent permitted by the law, Bitcoin Casino No Deposit Bonus shall not be responsible for any losses and/or damages due to the usage of the information on our website.
By using our website, you hereby consent to our disclaimer and agree to its terms.
The links contained on our website may lead to external sites, which are are affiliate links and if you go through them to make a purchase I will earn a commission. Keep in mind that I link these companies and their products because of their quality and not because of the commission I receive from your purchases. The decision is yours, and whether or not you decide to buy something is completely up to you. Any information or statements that appeared in these sites are not sponsored, endorsed, or otherwise approved by Bitcoin Casino No Deposit Bonus. For these external sites, Bitcoin Casino No Deposit Bonus cannot be held liable for the availability of, or the content located on or through it. Plus, any losses or damages occurred from using these contents or the internet generally.