Bitcoin Bookmakers: Online Bookmakers accepting bitcoins
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There is no doubt that the crypto currency Bitcoin has tremendously increased in popularity with a portion of the online bookmakers and many bettors today deposit and withdraw using bitcoins at those bookies. With this surge in popularity, as it’s always the case with online gambling, quite a few bad actors have also resurged to capitalize on this latest trend and finding a good bookmaker that takes bitcoins is not as easy as a Google search. Chances are you’d end up at one of those fly-by-night operators and your winnings would be far from safe. That’s why the need for a guide to the best bookmakers accepting Bitcoin deposits and paying out in bitcoins has arisen and we felt obligated to preview the top bookies working with bitcoins today.
Keep in mind that Bitcoin is not as widely accepted in the UK and some of the EU countries as it is in North America and Asia, and as such, finding betting sites that use bitcoins for them would be much harder and if the Bitcoin bookmaker welcomes UK customers it would be so noted.
Bitcoin Bookmakers
Bookmaker (welcomes UK punters) – the leader in the Americas among the bookmakers there, this betting website also accepts UK punters, something very rare these days and probably the only quality bookie for residents of the UK to deposit using bitcoins. Bookmaker also works with GBP, so you can cash out using other payment methods in pounds sterling. USA bettors have been voting this online bookmaker as the best for over a decade already and the crypto-currency is perfect as it offers the highest limits on both deposits ($25,000) and payouts ($50,000). Other currencies this betting site works with include USD, CDN, Euro, and Swedish and Norwegian Krona.
Bovada/Bodog (no UK, limited EU) – the famous betting site will have two different brands, depending on the country you visit from, but the main point is that Bitcoins are welcome here and will net you up to 50% bonus when funding using bitcoins. Also keep an eye on their promotions page, as often they will post bonuses and deals for using Bitcoin as depositing method. The limits are high and transaction speeds are only limited to the usual 10min confirmation of the Bitcoin chain for deposits, and a couple of hours for withdrawals. Keep in mind that when you deposit using Bitcoin, you will also have to withdraw the winnings stemming from those funds also by using Bitcoin.
5Dimes (no UK, most EU welcomed) – another very highly rated bookmaker in the U.S., 5Dimes have been pushing lately into the EU market, although UK punters will not even be able to access the website. Bitcoin transactions are not only available, they are the preferred method these days at this bookmaker and as such, processing speeds are very fast in both directions. Often this bookie will have special Bitcoin bonuses and promotions, something worth watching for if you are a regular bettor here.
Why use Bitcoins at the bookmakers? For one, as noted earlier, it
carries the highest depositing and cashout limits. And while most of the
bettors are recreational and would not really benefit from such high
limits, some of the bookmakers noted above also offer very high betting
limits and plenty of high rollers take advantage of them. In addition,
it makes funding your betting account and getting your payouts much
faster and easier to accomplish, as compared to the more traditional
methods, such as credit cards or bank wires. Therefore using bitcoins at
the online bookmakers that accept them makes it overall a much pleasant
experience and avails your time to more important things, like deciding
on your wagers.