Gambling has always been a tremendously profitable business. With the rise of bitcoin and altcoins, online casinos in more than 50 countries have started to provide gambling services for cryptocurrency punters. In particular, players from the United States are considered to be the biggest group of online casino fans who use bitcoin and altcoin for playing their favorite gaming products.
Thus, our editors have decided to make a list of advantages of crypto gambling for US punters. The gambling gurus from Bitwin.io who have been dealing with cryptocurrency gambling for ages provide us with the most comprehensive info on this important issue. Please, keep on reading to get the details.
Online crypto gambling in the USA
The US online gambling market is one of the largest and most promising in the world. However, it obeys complex and intricate rules. There is a lot of competition here as well as government pressure on businessmen. US federal law allows online gambling in all states except Louisiana, Illinois, Indiana, Wisconsin, South Dakota, Washington, Nevada, and Oregon. And although most Americans are aware of the gambling ban they still continue to play in cryptocurrency casinos, despite any prohibitions. To do this, they simply use a VPN to play at any BTC casinos in the world they wish.
Pros of crypto gambling for US players
Together with our experts, we have prepared the most significant advantages of crypto gambling for US customers. Each of them is provided with a brief overview. Please, have a look below.
The casino has always been a rather specific area of business in which players always avoid publicity. The ability to stay incognito is a very significant bonus. Therefore, for many US punters, it will become the main advantage of playing in cryptocurrency casinos. Cryptocurrency gambling provides maximum anonymity for US punters. All that the Internal Revenue Service can find in the public domain is your cryptocurrency wallet number. During transactions, it makes absolutely no difference where and where the digital currency is sent from. The payment format in cryptocurrency casinos also ensures independence from banks, which have recently become more interested in the movement of funds on customer accounts.
Cheaper financial transactions
All financial transactions with crypto in online casinos for American players are much cheaper than transactions using fiat money. This is an important reason why it is more profitable to use cryptocurrency for online gambling. You should also take into account the fact that today the owners of cryptocurrency often face the problem of converting it into real money. This is where online gambling comes in handy more than ever. After all, online casinos are happy to accept altcoins and bitcoins as means of payment.
Maximum convenience for the US player
Visiting a brick-and-mortar gambling house is a complete waste of time, an unusual atmosphere, a lot of people, and a constant noise. The player must allocate enough time for this, which in the modern world is not always possible. If you’re in New Jersey and want to play at an Australian online crypto casino, you wouldn’t fly thousands of miles on a plane to do it, would you? Bitcoin online casino provides a completely different service. You can relax at the virtual card table anytime and anywhere. If you are lucky enough to win extra money and stay in the black, it will be a great gift for you and a reason to celebrate this event.
Deposits and withdrawals in online casinos using cryptocurrency for US punters are much faster than using fiat money. The main reason is that intermediaries are not involved in this process, as is the case with real money. Bank transfers can often take days. And if the financial institution has questions about the payment legality, a US punter will be left without money at all. Transactions in crypto are also much cheaper since you do not need to pay any fees for sending and receiving funds to the account. Deposits and withdrawals are almost instantaneous, and bitcoins move directly between players’ bitcoin wallets and the casino.
Ability to use an abundance of cryptocurrencies
US punters can use more than 100 cryptocurrencies to play slots, table games, blackjack, roulette, or live baccarat. Moreover, you can always exchange your digital currency for the preferred one. So, it is very convenient to gamble using cryptos. Currently, online gambling houses that accept American punters offer them to deposit and withdraw in the top ten cryptocurrencies according to their trading rates. These are:
- USD coin
- Binance USD
Absolute security of BTC casino
Hacking a US player’s bank account is difficult but possible. Cryptocurrency wallets and transactions provide a fundamentally different level of protection against hackers and scammers. It’s basically impossible to hack them. That is why cryptocurrency online casinos remain a haven of comfort and online security. This is one of the main advantages of bitcoin/altcoin casinos for American players. Moreover, in the era of KYC, AML, and BEPS, it can be said with certainty that cryptocurrency gambling for American players will be completely safe if you do not transfer your wallet data to scammers while being drunk.
Fast and easy registration
To register in a cryptocurrency online casino, a player from the United States has the opportunity to provide only a cryptocurrency wallet number. Most online casinos that accept Americans have this option. Accordingly, you will not need to additionally provide personal data, country and address, gender, date of birth, etc. Only the number of your bitcoin wallet is required. This makes it much easier for gamblers to start playing in cryptocurrency casinos.
Minimum deposit and unlimited withdrawal
Traditional online casinos often set limits on the deposit amount. The more reputable the gambling house, the higher the minimum deposit. Bitcoin online casinos usually do not limit the player in the deposit amount or set the minimum one. Moreover, most reputable online casinos offer almost unlimited withdrawal of winnings to any cryptocurrency wallet for BTC punters. This is a great option for high-rolling gamblers who are used to playing in huge sums. Therefore, American players consider such options to be the main advantages of cryptocurrency casinos.
Enlarged bonuses and exclusive promos
Cryptocurrency casinos always offer their customers an enlarged number of bonuses and special offers. It concerns welcome and reload bonuses. For example, many BTC casinos offer a 100% bonus on the first deposit and 50 free spins for a minimum deposit of $30. However, the same casino for crypto players will make the following offer: 120% bonus on the 1st deposit and 75 spins for a minimum deposit in BTC/ETH/XRP. Now you see that a bitcoin punter will get an enlarged bonus. It concerns all types of bonuses of any crypto casino. Thus, playing favorite games in crypto allows getting more prizes and promos from the casino than using fiat money for placing bets.
To sum up
Now you have the full list of benefits of bitcoin gambling for US punters. According to our opinion, the mentioned ones are the most common advantages. Of course, there may be others so you can provide them to us. If you wish to get more feedback about the pros of BTC gambling for US players, you should just share this post with your friends via social networks and get their reviews.
Short info: English translator, editor, copywriter, and journalist, Master of Arts in History
General info: Experienced Freelance Interpreter with a demonstrated history of working in the media production industry. Skilled in Copywriting, Web Content Writing, News Writing, Literature, and Translation. Strong information technology professional with a Master of Arts (MA in History) focused in Archaeology, History, English from National University of Kyiv-Mohyla Academy.