Bookmakers that accept Bitcoin: How to bet with BTC?
Bitcoin (BTC) betting is becoming more and more popular. But you know how to use this currency in your online guesses?
In order to clarify all your doubts we will teach you how to use this cryptocurrency in the sports betting and in casino .
You will also know which are the best Bitcoin bonuses you can have access to.
In addition, of course, the houses that accept this method in their transactions!
Bookmakers that accept Bitcoin
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
Bitcoin bonus
Some houses offer exclusive bonuses for those who bet with BTC. An example is the multiples Master bonus of Sportsbet.io!
You can win m 3,000 if you match 15 results of matches chosen by the house.
A Bitstarz , house specializing in casinos , offers all bonuses in both Bitcoin and traditional money versions.
In the case of this particular site, be careful at the time of registration to register as a bettor who will use the cryptocurrency.
As BTC is still a booming currency, there are few houses that offer bonuses dedicated to Bitcoin.
You can get access to these specific bonuses below:
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
Advantages and disadvantages of Bitcoin
There are many advantages to betting using BTCs. Today it is undoubtedly one of the safest and fastest deposit and withdrawal methods.
Most of the houses that work with this cryptocurrency point out that transactions with it are immediate and with very low fees.
As we have already seen, there is a very strong security system around Bitcoin.
It is ideal for those who do not want to enter information from their cards or bank account on betting sites.
In New Zealand it is especially interesting because not all houses work with credit cards.
Of course we have the Bank Slip and the PIX as alternatives, however they function only as a deposit method
In this sense, the biggest advantage of BTC is be complete !
And we must not forget that there are some houses that offer bonuses dedicated exclusively to this cryptocurrency!
Regarding the disadvantages we can mention the fact that this coin is still complex to be understood.
Not all New Zealanders know exactly what it is. And, above all, they do not know how to get electronic money.
In addition, the unique code of your Bitcoin wallet can never be lost. If that happens, you won't be able to get it back.
Be careful, as you may lose all the balance of BTCs that were there. The most careless can be taken by surprise by this complication.
In summary we have:
Security
Immediate Transactions
Bitcoin bonus
Complex Currency
How to place bets with Bitcoin
Just as Boleto Bancário became popular among bookmakers, so did BTC.
After all, it is a payment method quite safe, both for sports betting and for casino.
Initially we need to clarify that no need to have 1 BTC to bet. Having a much smaller percentage than that is enough!
How To Get Bitcoins
First you need to create your bitcoin wallet . It can be created in Jaxx or Exodus.
These wallets store the credentials needed to use a Bitcoin fund.
A private key allows access to funds, while a public key allows other users to send you funds.
There are several ways to get Bitcoins . The most complex is mining the coins online, which requires powerful CPU and GPU!
Another way is to buy from other users, which, of course, can be quite expensive. But it is a more practical and easier way to get the currency.
Although you will find sites that promise give free Bitcoin , stand with one foot behind. You may end up being scammed!
We will teach you from now on how to bet using Bitcoin !
Step 1: Acquire Bitcoins
As we said above, there are a few ways to get BTCs. The” easiest " of these is buying.
For this it is necessary have registration on a website extremely reliable. A good example and in Portuguese is the Bitcoin market.
Registration is quick and convenient. Will require from you:
- Password
- Date of birth
- CPF
After providing the data, registration is done. It must be confirmed when accessing your email to click on the link confirmation .
The next step is the purchase of Bitcoins. You will be able to connect your bank account to the Bitcoin market. It is safe and fast.
Step 2: Create a wallet for cryptocurrency
The second step will be to create a wallet for your Bitcoins. Again we suggest Exodus or Jaxx, but Blockchain is also an option.
Once registered in the wallet, you will be able to transfer from the Bitcoin market to it.
To do this, always have at hand the unique 32-character code provided by the wallet of your choice.
You can transfer from the Bitcoin market directly to the betting site , but we do not recommend. It is safer to keep your cryptocurrencies in the wallet.
Step 3: Make the deposit on the House website
This is the easiest step. You will enter the website of your bookmaker and will start the deposit process .
Select the BTC option. The House will provide you with a unique code from it after you determine the amount to be deposited.
Now it will go into your wallet and you will enter there the characters! Done: just confirm the payment that the House should immediately receive your deposit.
If you want to withdraw for Bitcoin, the usual procedure is the reverse of the deposit.
You provide your wallet's public key to bookmaker . Thus, it will proceed to the transfer of the amount in BTCs.
There are houses that allow you to transfer from Bitcoin to US Dollar (NZD) , but on prepaid cards. Case of Sportsbet .
What is Bitcoin?
In a nutshell, BTC is one of the top cryptocurrencies currently existing.
Cryptocurrencies are electronic money, a decentralized currency.
They arise as an alternative economic system to what is traditionally practiced.
Financial transfers made with Bitcoin are carried out without intermediaries.
But these transfers are inspected and audited by all users of the network. They are stored in databases called blockchain .
Governments or banks cannot induce inflation or deflation of money. Be speculative movements that cause the currency to fluctuate.
The value of electronic currency varies according to these speculations, which are often daily.
It is also worth remembering that the use of Bitcoin is legal in New Zealand , despite not yet having a specific regulation for cryptocurrency in the country.
That is, you can own and trade the cryptocurrency, as well as have the duty to declare gains from investments in Bitcoin to the IRS.
Conclusion
For sure betting with Bitcoin is interesting . We are talking about a highly secure payment method that is ideal for online transactions.
Not only that, its processing by bookmakers is very fast. In most cases, higher than other transactions.
What can complicate a little is its complexity. But if you already have experience with BTC, you will not find any problems with using it in betting.
Be aware of the houses that accept this currency. There are not many of them, which can be a negative point.
With the exception of this, BTC emerges as a very interesting alternative to standard payment methods.
Bookmakers that accept Bitcoin
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
Frequently Asked Questions
💲 Which bookmakers accept Bitcoin?
Bookmakers that accept Bitcoin are: 22bet , Bodog , Sportsbet.io , 1xbet , Yukon Gold and Dafabet .
☝️ What is a crypto currency?
Cryptocurrencies are electronic money and a decentralized currency. This means that governments or banks cannot induce inflation or deflation of money. Bitcoin is the most well-known of the cryptocurrencies.
🔐 Is betting with Bitcoin safe?
Yep. It is undoubtedly one of the safest and fastest deposit and withdrawal methods to make payments at bookmakers.
Is Bitcoin legal in New Zealand?
Yep. Despite not having a specific regulation for Bitcoin in New Zealand, you can own and trade the cryptocurrency. It must also declare gains from Bitcoin investments to the Internal Revenue Service.
