Gartner predicts the business value-add of blockchain will grow to around $176bn by 2025 and exceed to $3.1tn by 2030. This is a giant leap for a technology that, althoughContinued ⭢
Advantages of playing at a South Korean bitcoin casino
The online gambling has paid extra attention to using bitcoins to provide benefits over the traditional casinos. The problems such as delay in withdrawals, tax, transactions fees that were associated with traditional casinos are no more in the picture. The advantages of playing at a South Korean bitcoin casino are as follows:
- Offer more fair play due to the use of fair betting technology
- The players can maintain a great level of anonymity
- Bitcoin casinos are known to offer great odds to the players
- The transaction fees are eliminated by the bitcoin casinos. It means players do not have to pay transaction fees associated with deposits and withdrawals from the banks.
- Unlike traditional banks and wire transfer, the deposits and withdrawals are instant.
- Since the currency is decentralized, it is not yet subjected to taxation in South Korea.
In Asia, South Korea has a big Bitcoin trading volume. This is one of the factors that can potentially lead South Korea on top of Bitcoin adopting country. South Korean government is planning to regulate bitcoin to play important role in the positive status rise of bitcoin in the country.
Bonuses on bitcoin casinos in South Korea
South Korean are also eligible to get bonus offering similar to what’s being offered to players from other countries. There are many offers like bitcoin casino no deposit bonus South Korea that can be used to anybody. There are sites that offer free spins, match bonuses upto 5BTC which give you a great opportunity to win more. Pure bitcoin casinos offer other promotional offers like VIP programs and first deposit bonuses as well. There are no free bitcoin bonuses right now, but hopefully, with the rise of bitcoin casinos, such offers may get active in future.
Best South Korean bitcoin casinos 2018
Deciding which bitcoin casino in South Korea is the best is completely based on personal preference. While most of the bitcoins casinos have the similar operations, every casino offer games from different software developers with variations in games. However, since South Korean speak Korean as their first language, it would be a plus point if the site has Korean language selection option. The use of Won currency and bonuses can also be considered as the criteria for best South Korean bitcoin casino 2018.
South Korean players also enjoy the live dealer games. Though none of the casinos offers the live poker in Korean language or accepts Won currency, some of the sites have popular live games in Asia. The South Korean players can enjoy the games with any restriction. The games such as roulette, blackjack, poker come in different variants. There are eight online bitcoin casinos websites offering South Korean language which can benefit players. Some of these best South Korean bitcoin casinos 2018.
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Gambling in South Korea today
The bitcoin gambling in South Korea has been seeing progress in last two years. The gambling enthusiasts are still travelling outside South Korea or to the remote corners of Kangwon land casino. The rise of bitcoin casino has helped many citizens play their favourite games from the corner of their houses
There is a high percentage of Korean citizens gambling at local as well as foreign online casinos. Since the government is quite sensitive about the flow of money outside the country, it has announced plans to revise the bitcoin regulations. There are currently 17 casinos based in South Korea. It has become another Asia Pacific area to embrace the growing trend in the online casino industry. Esports and BTC sports betting in South Korea is another important feature of online gambling where players place their bets on important sports events in the country.
Overall, its safe to say that even though the country has strict laws to curb the online gambling, the use of bitcoins to play online casino games have turned out to be a boon for Korean players.
BTC sport betting in South Korea
South Korea offers you multiple options for different sports betting events. The popular South Korea bitcoin sportsbook like betcoin.io and mBitcasino offer to bet on baseball, soccer, basketball, and golf. Most of the betting in South Korea is banned, but punters still find a way to place bets on the number of sporting events.
The online betting is only possible using the sites legal in different countries. These sites provide better odds and engage more market. The bettors who are bold enough can take their online chance from the list of reputable sportsbooks. The BTC sportsbooks in South Korea are known for delivering competitive odds, good service, and secure environment. The betting sports that are gaining popularity are tennis, rugby, golf, and cricket. The most popular sports betting games are baseball and sports.
New bitcoin casinos in South Korea.
With more number of gambling enthusiasts are eager to spend their bitcoins playing the casino games, the South Korean market has good potential. But the only problem is that the online casino is not just banned but also blocked. However, the bitcoin casinos are offering the VPN services for South Korean players. There are new bitcoin casinos in South Korea that are available in Korean languages and offer bitcoins to dodge the anti-gambling laws in the country. Satoshinori is another latest addition to the online bitcoin casinos list.
There are old websites which are accepting bitcoins as the payment method which is also eligible for the South Korean players. These sites offer all the popular games such as Texas Hold’em, Poker, Card games, Slots. There are also bitcoin casinos that offer mobile casinos where players can easily play their favourite games on the go using the bitcoins.
A word of caution:
The list of South Korean bitcoin casino was created after researching the websites thoroughly. We have read the policies and terms & conditions on these sites. However, the information is subjected to change as per the updates by the casino’s sue to which some of the information might be missed by us. Therefore, we suggest you get in touch with the support team and read the terms and conditions of the website before signing up on the site.
Select the right casino as per the rules and regulations of your location. Since playing on the online casinos are illegal in South Korea, we do not want to recommend anything here. Our objective is to provide information on gambling with BTC with the readers. The players should act responsibly while playing on the bitcoin casinos and should be responsible for their actions.