Why I choose a BTC casino without an Irish licence?
Bitcoin has no shortage of fans, and its reputation continues to grow. If you want to invest in this virtual currency in online casinos, I have found several sites that will appeal to you. Here's what you can expect from bitcoin in gambling.
I have identified the best cryptocurrency casinos:
N°1
Serious and complete
| Minimum deposit: 15€ |
| 450€ + 250 Free Spins |
| 50% to 100% on the first 3 deposits |
Serious operator, with a Curaçao license, who pays its winning players with a very comprehensive offer.
No KYC
| Min. deposit: ₮20 |
| USDT 100 + 100 spins |
| 100% of first deposit |
Very complete and entirely in crypto (no verification)
Bitcoin, a widely accepted means of payment
Cryptocurrencies, and bitcoin in particular, are becoming part of our daily lives. The media is constantly discussing their advantages. It's important to note that these are primarily virtual currencies with no physical equivalents. Your balance is therefore kept online, and the identifiers you have serve as your guarantee of ownership of this sum. Despite this, when you place bets with this virtual currency on a virtual gaming site, you can win cash. Cryptocurrency and online gaming therefore seem to rhyme perfectly.
Furthermore, these currencies are not associated with any particular institution. No bank or government exercises control over them. The anonymity of bitcoin is one of its biggest advantages. Your transactions are carried out in total discretion. Another reason why all the attention is focused on bitcoin is that it experienced a real price surge in 2018. Since this feat, several companies, including bookmakers, have started to take an interest in it.
The GRAI and bitcoin
I have found that the use of cryptocurrencies in general and bitcoin in particular is a real factor for a better sports betting experience. These virtual currencies are very convenient for making a deposit on an online gaming site because you won't necessarily have to insert your bank details. That's a plus in terms of security. Transactions made with these currencies are virtually instantaneous, which puts them well ahead of the usual currencies. Bitcoin being the number one cryptocurrency in terms of popularity therefore has a lot to offer internet punters.
However, the GRAI does not (yet) authorise Irish bookmakers to offer this possibility to their customers. Its role is to ensure the security of players on national territory. It therefore prohibits, among other things, all forms of gambling. Only sports betting, horse racing and poker are permitted. That's why many Irish people are turning to the best non-licensed casinos in Ireland to enjoy themselves.
In this context, licensed sites are mostly losers. Recommended bookmakers outside Ireland are those with a licence recognised by an authority in their operating territory. The most reliable gambling licences outside GRAI are Curaçao, Malta, UK Gambling, etc. These offer the use of bitcoin as a means of payment and thus ease the burden on their customers.
By offering the BTC option, these platforms further strengthen the security of their players. Indeed, an e-wallet must be associated to manage transactions. There are even some sites that are increasingly developing the idea of bitcoin online casino where you do everything with this booming currency. So it begs the question: will online casinos be restricted to using bitcoin in the not-too-distant future?
