Non Gamstop Bitcoin Casinos For UK Players
When it comes to non Gamstop casinos, the kind that accept Bitcoin are probably the best. The reason for this being the payouts are usually pretty much instant. Not only can you get super fast payouts, you will also find the maximum withdrawal is far greater than cash based casinos. You may have noticed that you will not find any UK regulated casinos that accept Bitcoin as a payment / Withdrawal option. This is due to the fact that the UKGC have banned BTC gambling in the UK (amongst many other things)
Below you will find what we consider to be the most reputable BTC casinos not on Gamstop UK. All of these casinos come without a UKGC license. Instead these online casinos are licensed under the Government of Curacao. This license is by no means inferior to the UK Gambling Commission License. However it is a great way to get around Gamstop!
Best BTC Casinos Not Part Of Gamstop
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An Introduction To BTC casinos
Apart from being the hottest thing in the finance world, Bitcoin leads to a surge in search for BTC casinos. The fact about cryptocurrencies is that they are more convenient for betting and gambling than any other payment method. Fast, easy to use, and cheap when it comes to fees – but is it safe to gamble in BTC casinos? There are few things to go through before you get the answer and make the decision. However, most players, casinos, large gambling brands, and software makers embrace and use it every day. Read on to see what’s in it for you once you join the crowd.
What is the difference between regular and BTC casinos?
Gamblers and bettors often ask this question primarily for one reason. Apart from additional payment options in Bitcoin, is there anything else that makes them unique? Well, there are some differences except that. Firstly, they are primarily new casinos or in the process of rebranding. Not all operators want to accept Bitcoin, but brand new names give it a chance, which proved to be excellent for the business and the players. Another difference is the available games.
Unique Bitcoin Casino Games To Play
Most casinos that accept cryptocurrencies have at least a few slots or casino games devoted to BTC or another coin. Grand gambling software makers also team up with some BTC casinos and provide new games that complement the offer and be profitable for cryptocurrency holders. However, you will be surprised by the fact that the most popular BTC gambling game is poker.
Online casinos that decide to add cryptocurrencies as payment methods are pretty much the same as regular casinos. What you might get in addition is a more flexible limit when it comes to deposit/withdrawal. Moreover, as you probably know, cryptocurrencies are currently in the gray area regarding taxes in most countries. They either have a law-in-the-making or are unregulated (meaning there is no way to tax it). Therefore, most of the casinos (and players) want to use it because it is cheaper, faster, and safe on top of that.
How BTC casinos work
They can work in two ways. Either you can play as in any other regular casino and use Bitcoin as a payment option or play in no-account casinos. The first type is explained already. Still, you need to know your options.
Additionally, there is an option for you to play without an account and use Bitcoins as a payment method. No-account casinos are becoming a popular option for occasional punters and those who don’t want to roll massive amounts. The thing with them is that there are no other options apart from BTC, which should not be an issue since you are already here.
You can either place your funds directly to the casino’s address, using your exchange of choice or use one of the processors. Some of them are CoinPayments, BitPay, and CoinGate. If you see some of them, you should be good to go. This is a more reliable option because the third-party processor handles your money, not the casino itself.
What should go without question is that the casino needs to be licensed. Moreover, by the license, we don’t mean just any seal on the website. They need to have an issued permit from a recognized gambling authority. If you cannot find the license information anywhere on the website, no matter how much you look for it, move on and look for a new casino.
Is It Safe To Play At BTC Casinos?
Not beating around the bush – it is as safe as playing with the “real” money. Your job is to look for a reliable online casino with a good record or prove that it is fair and safe. Many indicators can show whether you are dealing with a fraudster or an honest host. We already mentioned one. Others might refer to the legal part of the website, like if the casino has everything clearly stated and if it is available for checking, or if the support is actually there to help you. A good operator will not leave you hanging for days but rather stay true to its word. They should at least respond during their working hours. If this is not the case, it is not worth your time.
Being anonymous can have two sides. First, the support cannot help you retrieve your funds if they don’t know anything about you. Second, because of this, no-account casinos work up to some point without verification. So if you are rolling big numbers around, it is only fair that both you and the operator make sure that the funds land in the right wallet.
Fairness in gambling and betting is an everlasting goal, but sometimes hardly achievable one. This is because the line between fairness and profit is always thin for both sides. Still, operators have found a way to prove to their players that they are righteously doing things.
Provable fairness algorithms are not new, but they became more popular with the surge of cryptocurrency casinos. It is a way to prove that each game and transaction are fair by getting it through an algorithm provided by the operator. Then, you play a game and see if the odds are reasonable. The great thing about casinos that accept Bitcoin is that playing with it allows you to check everything yourself. It is one of the many advantages for players who use cryptocurrencies for gambling.
To Conclude Our Review On Bitcoin Casinos
BTC casinos are the next big thing in the gambling world – and it is just catching up. As cryptocurrencies are getting more embraced in global finance and everyday life, the gambling industry will not miss it for sure. The fact is that they are far more convenient and faster than standard payment methods. But, of course, they have their downsides. So, as we already said, search some more until you make sure that your new BTC casino is fair and reliable.
Whether you decide to sign up for an online casino accepting crypto or not, there will be more than enough options for you to browse.