When Bitcoin was introduced back in 2008, it wasn’t very popular among the average folks. The early adopters were the geeks, nerds and other tech-savvy millennials.
Fast forward to ten years later, this cryptocurrency has now become an important way to make purchases and exchange funds online. Financial transactions can now be processed in a somewhat anonymous way, thanks to the decentralized nature of Bitcoin.
This is arguably the most attractive nature of Bitcoin and may explain why it has attained a worldwide adoption and why its impact is felt across different industries.
One of the industries that are currently enjoying the advantages offered by this cryptocurrency is the online gambling industry. What value does Bitcoin add to this industry, you ask?
Players who are interested in online gambling just have to sign up at an internet casino. They won’t have to;
Share their financial detailsOwn a bank accountOwn credit cardsLive in the jurisdiction of the casino, e.g. United States
Now, there are still many gambling sites that don’t accept this method of payment yet but the number of websites that do is growing every day. This is why we have to consider the best Bitcoin gambling and sport betting sites in 2018.
Now, you’re wondering, why not just walk into a normal casino or use a gambling site in Nigeria that accepts fiat. Well, there is no reason not to.
However, if you want to enjoy the advantages of Blockchain technology, which include transparency and fairness, this is for you. That means, Casinos will no longer be able to rob you blind because a player can check and see if the games are Provably Fair.
Now that we are done with the preambles, let’s get into the subject matter.
5 Best Bitcoin Gambling and Sports Betting Site in 2018
Outlined below are the best Bitcoin gambling and sport betting sites in 2018
This is one of the most impressive casinos you’ll find online. Aside from that, they are one of the pioneers of Bitcoin gambling, focusing more on servicing the cryptocurrency community since its establishment.
Why is BetChain one of the most successful online casinos, you ask? The reason is simple, users are offered a rich service combined with unique bonus offers.
It doesn’t matter what part of the world you are from, there is always a place for you to gamble on BetChain. This means, apart from the English page, the page is available in other languages which include German, Russian, Spanish, Portuguese, Italian, etc.
The site also offers live chat, customer support. Most importantly, withdrawal of funds is very fast.
This is arguably the most popular Bitcoin casino on the internet. The activities of the casino are provably fair and are regulated by the Curacao government. Apart from the sportsbook feature, this casino offers 1,000 other quality games to users.
In addition to this, gambling on Bitstarz is not limited to cryptocurrency. That means, apart from Bitcoin, Bitcoin Cash and Litecoin, you can make deposits via Mastercard, Skrill, and Neteller. The casino is accessible to users around the world, including individuals who don’t own Bitcoin.
The casino is taking advantage of different social media platforms to provide support for its users. Bitstarz will even respond to user complaint via Reddit. Of course, there is also online chat and email support too.
Are you looking for a Bitcoin gambling site where you can participate in Provably Fair games? Then, Fortune Jack is what you need. Like Bitstarz, this casino is also regulated by the Curacao government.
From roulette to blackjack and poker, there are over 500 games to pick from. Also, in addition to Bitcoin, Fortune Jack supports a vast number of cryptocurrencies too. These include DASH, Litecoin, Monero, Namecoin, etc.
Finally, this Bitcoin gambling website offers a smartphone app that is available for both Android and iOS devices.
This is a “Bitcoin only” sportsbook and casino that requires no sign-up. With a maximum bet of 80 BTC, users will also be able to participate in monthly parlay promotions. Aside from sports gambling, Nitrogen Sports offer other table games which include blackjack and poker.
Perhaps, the most interesting thing about this trusted Bitcoin bookmaker is that it is 100 percent anonymous. You won’t even be required to provide an email address. The minimum bet is 0.001 BTC and the maximum is 30 BTC(outrageous ain’t it).
What games are offered on this platform, you ask?
Users will be able to participate in live-in-play bets for all major leagues. These include NBA, EPL, NFL, and NHL. You can use the web app on your iPhone, Android, or Windows phone.
Cloudbet has been in the business of serving sports bettors from different parts of the world since 2013. The site is famous for offering a wide selection of in-play betting markets, a fast payout, and competitive lines.
Aside from the well developed and designed website, Cloudbet also offers phone apps on iOS, Android, and Windows platform.
This Bitcoin bookie is perfect for you if you are a high-roller. The limit is as high as 200 BTC for EPL, NBA, La Liga and NHL. Aside from these leagues, you can also bet on tennis, rugby, and baseball.
Finally, users enjoy instant deposit and payout with zero transaction fees.
The advent of Blockchain technology and cryptocurrencies offers different benefits to different industries. For online gambling, it means you don’t have to reside in a country to use the casino.
So, with Bitcoin, you (as a Nigerian) can play poker or blackjack on any of the casinos outlined above. Aside from anonymity and transparency, it offers another important advantage. What is this advantage, you ask?
It means you longer have to limit yourself to NairaBet.