The Original List Of Legit Bitcoin Betting Sites
Legit Bitcoin Betting Sites:When we think of the word bet, the first thing that comes to mind are events like horse racing, MMA matches or even sports like football. However, in this day and age when technology is growing exponentially every day, there are new ways to bet that you may not have heard of. One type in particular that has skyrocketed in popularity in recent years: bitcoin betting sites. As this article will explore what exactly these types of websites are and how they work, let’s start with some background information.
The Rise of Bitcoin Betting Sites
It has only been about 5 years since the emergence of bitcoin, and already online casinos and sportsbooks are using this form of currency to transact with their customers. Many people do not know that these betting sites were at one point restricted from offering their services in most countries of the world. But why? What was it about this new type of currency that made governments view them so suspiciously? Bitcoin is much more than an alternative currency or an investment opportunity: it is a protocol in itself. Like HTTP and its successor, HTTPS, manage the transfer of data on the Internet, bitcoins work in much the same way:
What is a Bitcoin betting site?
A bitcoin betting site is an online casino or poker room that accepts deposits using the famous digital cryptocurrency known as Bitcoins. For players looking to use
The popularity of bitcoin is gradually increasing day by day and many new users join the network to enjoy its benefits.
Betting with Bitcoin is a relatively new concept and has gradually become popular among players who want to try something different in their gambling.
It offers a large number of advantages that no traditional payment gateway can offer.
On August 18, 2008, Satoshi Nakamoto announced the implementation of a “peer-to-peer electronic money system“. In January 2009, the bitcoin network was born with the launch of the first open-source bitcoin client and which is also known as Bitcoin Core (BTCC). In February 2010, the first bitcoin exchange was created by Bitcointalk user dwdollar
Since then, bitcoin’s exponential growth has contributed to its worldwide recognition. Nowadays there are many gambling sites that offer various types of games. It’s like any other gaming site that accepts fiat currency bets, but offers a better payout ratio compared to other traditional methods. The following is the list of almost all legitimate bitcoin betting sites that you can use to make real bets with bitcoins or buy items online through auctions and retail websites.
What is a Bitcoin betting site?
A bitcoin betting site is a website that allows users to bet bitcoins as well as other types of fiat currencies for different types of activities, such as sporting events, online games, etc.
bitcoins have been created with the aim of making it easier for users to find legitimate sites where they can use their bitcoins to place real bets. There are hundreds, if not thousands, of websites where players bet using bitcoins, but there are only a few that are considered legitimate and transparent by the community. This list will also help newcomers find genuine places to start betting with cryptocurrencies.
Most bitcoin casinos offer casino-like games while poker sites allow players for money. Some of the most famous poker sites are:
2 – Seals With Clubs
Other bitcoin-based casino games are
4 – Trust Dice
5 – CloudBet
6 – Coin Base
7 – Bitcoin Casinos
8 – Lucky Dreams
Since the advent of online gambling, many people have lost their hard-earned money through scam websites that have nothing to do with real bitcoin casinos or poker sites in any way. The growing number of people investing in bitcoins is also attracting hackers who target bitcoins to steal them. A good example is the case of Sheep Marketplace in which 96,000 bitcoins were stolen from users’ wallets, which at the time were worth 220 million dollars.
For those who want to buy bitcoins to bet, here is a tutorial: How to buy bitcoins using credit and debit cards. Please note that some websites may require a verification of up to 3 months, which means you have to upload your ID, driver’s license or passport, as well as proof of address (utility bill). If it takes too long to make a single transaction, consider splitting it into smaller transactions. You can also order a bitcoin debit card from :
2 – Xapo
3 – CryptoPay
which you can load with bitcoins and fiat currencies.
At the moment they are still working on adding support for Euthereum and Litecoin to their cards, but if you have any questions do not hesitate to contact them directly through their respective website
We hope you found this article helpful and hope we can help more people join in the fun.