We all know Bitcoin has had its fair share of ups and downs in recent years. The crash of 2018 was especially hard on the pocketbook. The questionable origins of its creator and founder leave a sense of distrust for many.
But there is a growing crowd who not only own Bitcoin, but use it to buy, sell, trade, and even gamble. So why bet with Bitcoin? Here is a quick overview so you can decide whether to jump into the Bitcoin game.
Security
With Bitcoin betting, you use an encryption system second to none. Your financial, personal, and even social information is locked up, tight. You can pay and play without ever having to worry about your data getting hacked off the server or your computer.
If security is a big-ticket item on your priority list, betting with Bitcoin might be your way to go. You’ll never have to worry about cyber hackers stealing your betting information again.
Anonymity
If you’re worried about personal information getting stolen or leaked, this is another reason you might want to get into the world of bitcoin betting. When playing with traditional money, you must provide your name, home address, phone number, credit card number, and ID to receive your payout.
With Bitcoin, payouts are far more straightforward and less detailed. All you need is an email address you can access and a Bitcoin address. By using an email address separate from your regular personal account and an address used only for your Bitcoin business, you are virtually untraceable. If you value anonymity, Bitcoin is the best way to stay off the grid.
Instant Withdrawal and Deposit
As opposed to banking, which usually takes a day for cash to deposit, Bitcoin is instant. If you want to place an immediate bet and a game is just about to start, Bitcoin makes that possible. If you wish to access your winnings without waiting for it to clear the bank, Bitcoin is a great option and provides access to winnings immediately.
Instant deposit is especially beneficial when betting on live games. Many Bitcoin betting sites allow bets to be placed during games as the action occurs. Mid-game betting is made possible through Bitcoin’s instant deposit feature.
Lucrative Bonus Options
Just like traditional betting options, Bitcoin betting sites entice new players to sign up with lucrative one-time bonus offers. Here are just some of the offers available to you as a first-time player.
- Deposit bonus of 100% up to 1 BTC
- Deposit bonus of 100% up to 5 BTC
- Bet 2mBtc get 6mBTC for a free bet
New Bitcoin betting sites are popping up all the time. And you know what comes with new betting sites – an abundance of new offers!
Choices Abound
If you thought that Bitcoin betting would limit your options, you thought wrong! Bitcoin betting sites offer everything from Europe’s Premier League to American football and hockey. If you want to try out Bitcoin betting, you’ll be able to find a site that offers your game of choice.
Still Unsure?
If you’re still wary, take some time to think about it and in the meantime, take advantage of this month’s Bet365 bonus code. The choice is yours. Whether you decide to dive headfirst into the world of Bitcoin betting, or you use the money you saved from your bonus offer, you’re sure to be a winner.
