Since bitcoin’s inception in the year 2008, and until today, it is continuously rising to fame. Bitcoin is now a digital asset used in payment schemes as the alternative to monetary transactions. It holds real value which rolls all over the globe in fast-paced. Bitcoin is not just a history today, but a legacy of the digital currency. This is essentially true when a casino with bitcoin was found to be more efficient in online sports gambling.
Bitcoins and other forms of cryptocurrencies are now used to place a wager in casino sites. There are more and more bitcoin betting sites taking over the Internet for the purpose of entertainment and profit. Furthermore, lots of gamblers begin to realize that Bitcoin gambling is better than the old ways. Here are the 10 reasons why gamblers prefer playing with BTC than fiat currency.
Why Casino with Bitcoin is the Best
1. Rising Bitcoin Value
Compared to the value of other currencies which sometimes rise and eventually drops, a casino with bitcoin is more fortunate. This is because the value of BTC keeps rising every day. Since 2008, the value of the digital currency has risen thousand times. This results in an increased desire of gamblers to hold more bitcoins up to its fever-pitch levels. Gambling in a casino with bitcoin became a route even for ordinary people to earn more BTC due to its increasing value. Its value makes bitcoin a highly sought currency, which aside from legal to almost all countries, it is fair easy to get and earned. Bigbook.ag is a casino with bitcoin which can help you increase your BTC amount through betting or playing from variety of games. When you are able to earn lots of BTCs every day through multiplied coins, you will get a chance to abruptly increase your cash out.
2. Gamble Anonymously
Gambling in a casino with bitcoin offers no restrictions, yet there is no big difference in gambling with fiat currencies. However, in a casino with bitcoin, it is not necessary to have a Paypal or bank account to pay for deposits. With BTC, there are no restrictions for each transaction is done in a peer-to-peer method. Of course, if there are no restrictions, you can freely gamble without having inhibitions to place all your BTCs for a bet. There is nothing to worry about it, because, a casino with bitcoin has tough privacy and security working together to let you play without a thing to worry. Digital currencies are developed with anonymity wherein while gambling, gamblers can deposit and withdraw funds without revealing their identity.
3. Fast, Successful Deposits and Other Transactions
The fastest transactions on the Internet lies in the Bitcoin exchanges. In a casino with bitcoin, depositing money for gambling is not a big issue and will only take a few minutes. Bigbook.ag has a clear instruction on how bitcoin works in gambling including the process of depositing your BTCs. Using bitcoin deposits, there are no further verifications involved, making transactions superfast. Casino with bitcoin does not rely on credit cards, Paypal or other payment options to accept the funds. A purely bitcoin transaction does not take a couple of days to be processed and verified. Its because there is no bank or law-shackled middleman that process for the approval or rejection of transactions.
4. No Deposit/Withdrawal Charges
Banks are earning much in deposit and withdrawal fees which are both common activities in online casinos. These fees cover processing fees on all credit card deposits and even cash out, and there is no way to avoid those fees. Fortunately, a casino with bitcoin changed the way of this unfairness in fiat currency. A casino with bitcoin makes huge difference, because, when you make deposits and withdrawals with BTC, you do not have to compute for the fees. Thanks to bitcoin where all transactions come free especially when you will transfer BTC from your bitcoin address to another. In the future, bitcoin pursues that there will be no casino with bitcoin that will likely charge the gamblers for deposit/withdrawal transactions and the like.
5. The Provably Fair Setup
Have you ever heard of the “provably fair algorithm”? A typical casino with bitcoin offers games that are incorporated into this algorithm which ensures true random roll or match. Under this setup, the online gambling site can publish an algorithm to test the player’s decisions and even outcomes. Bigbook.ag is a casino with bitcoin which uses the same provably fair setup keeping a strict promise to its gamblers that everything is transparent. The provably fair setup is the only way casinos use to conduct online gambling. Without this setup, gamblers can easily determine whether or not a casino with bitcoin site is cheating on them.
6. Increased Security and Safety
Normally, credit cards information can be possibly accessed by theft, while Paypal is prone to hackers. These people with deviant activities are just waiting to get a few information from you until they see a chance to attack your private accounts. This invasion is sometimes due to how casinos process your credit card deposits and withdrawals. However, a casino with bitcoin holds an extreme security over the two platforms. The use of credit cards and Paypal is unsafe in gambling, that is why a casino with bitcoin like Bigbook.ag is proven to be much safe and secure. Cryptocurrencies are secure by design but do not mean it cannot be hacked.
7. Lots of Bonuses in Low House Edge
A casino with bitcoin does not require any transaction fee except for the cost of servers, software and support, but these are just a little amount. Furthermore, most casino with bitcoin roll these fees over into bonuses for the gamblers. The most typical form of these bonuses are free BTCs once you sign-up or create an account. Sometimes they also offer deposit bonus and other forms of brilliant bonuses to double your bitcoins. Gamblers mostly prefer Bigbook.ag for several reasons, including numerous bonuses. At Bigbook.ag, there is no holding period once you cash out a bonus. There is also a buddy referral system wherein Bigbook.ag gives up to $400 bonus for every player.
8. Get Paid Instantly
Winning in a game is even more thrilling when there is a fast payout. When you would ask gamblers what’s their greatest peeve when it comes to casino gambling, most will say, the long time it takes to receive payouts. Fortunately, Bitcoin made their wishes come true. A casino with bitcoin is able to processed payout instantly, meaning, you can get your payout in no time. This is for the reason that BTC has no central bank or mediator which process the currency before sending it out to your credit card. Playing in a casino with bitcoin, getting paid is not a hassle no more, unlike with fiat currency which sometimes ask for a proof of identity.
9. Transparent Payments
Transacting with bitcoin is trusted, because it’s the first ever cryptocurrency that works under the blockchain. The blockchain is defined as the record of all transactions on the network. This means, that no transaction will not be recorded in the blockchain. Besides, BTCs blockchain is public and is verifiable over the Internet. A casino with bitcoin makes sure that everything is transparent for the sake of their credibility. More so, if it won’t show transparency on their gamblers, a casino with bitcoin will not escape the recorded transaction as proof. These transactions are also used when making complaints over fake bitcoin casinos.
10. Smart Contracts
Soon, bitcoin will implement this smart contract in gambling. This technology first appeared in the wild and is now available on Ethereum blockchain. Gamblers and casino with bitcoin will be benefited from this idea where payments will be allowed to be executed autonomously based on programmed conditions. When this happens, wagers could be placed even without the player or the casino needing to trust the other. If smart technology would be implemented in bitcoin gambling, then the cost of gambling for operators will be reduced, allowing players to bet more.