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Only those forms of sports betting that are regulated by the IDDAA are legal online bitcoin gambling in Turkey. The online gambling industry started to flourish in Turkey just after the ban on land-based casinos. But the boom proved to be extremely short-lived with gambling being wholly outlawed in the year 2007. Despite this ban on online gambling many Turkish players go to play bitcoin casino in Turkey at the various global websites. There are a growing number of leading names in bitcoin casino services. These casinos also accept players from the country.
The year 2013 proved to be monumental with the Turkish government setting their foot down on the online gambling ban. Controversial laws allow prosecution of players for accessing illegal gambling websites. Besides passing on the accountability to the players, the Turkish Banking Regulation and Supervision Agency has the responsibility of imposing restrictions. The restrictions are on payments taking place between banks and credit card companies.
Those who wish to take part in online gambling in Turkey, need to be aware that their participation in the gambling activity is risky. It is still illegal, and they will be doing so entirely at their own risk. While using online gambling services in Turkey users must ensure the use of a trusted VPN service. It is to help them be under the protection of an extra layer of security to play bitcoin casino in Turkey.
The Turkish government has outlawed online gambling. But only one state-operated licensed online gambling service provider exists in the country. Though there is a prohibition on the establishment of gambling services, the government has been able to do little where Turkish citizens have resorted to the use of offshore-based gambling sites.
To find the best Bitcoin online gambling sites that are open to Turkish players is a bit of a problem as many of the global service providers ban registrations from users of this country. Again, there are few online sites where the gambling services are available in the Turkish language. The citizens who can navigate the online sites available in English have a better collection of online gambling service providers to choose from.
All said and done, some of the famous names to offer online bitcoin gambling in Turkey services to the players are:
Even when they find an online gambling service provider to work with, Turkish gamblers need to do their trading in the Euro or other standard currency. The reason being these sites do not consider the Turkish Lira to be valid currency.
Bitcoin took the global financial market by storm after its origin in 2009 and has only grown upwards ever since. Today, it is the favoured currency for online gambling transactions. Though many countries have imposed bans on its usage and consider bitcoin to be highly detrimental to the modern society. Nevertheless, the popularity of bitcoin is yet to witness wane. These are some of the primary reasons behind its growing popularity of Bitcoin casino Turkey:
- Bitcoin use is decentralised, so every user owns and controls his own money. There is no fear of central regulating authority.
- There is no personal information attached to the Bitcoin accounts. So the user’s identity is secure and private.
- Bitcoin transactions are quickly accessible irrespective of the time or location.
- The absence of any middlemen means that transaction costs are low or practically non-existent.
- All online casino games involving the use of bitcoins are fair. It provides a new and innovative concept in the world of fair gaming to the online gamblers.
There are few options for Turkish gamblers looking to indulge in online Bitcoin gambling. For the lucky ones who do manage to register and start playing at one of the available sites, there are always sign up bonuses that they can take full advantage of. The best bitcoin casino Turkey for players will always offer a minimum of 100% match bonus. It will be applicable when they make the first-time deposits.
Along with the welcome bonus, the players are also eligible to receive continuous loyalty offers and loyalty bonus. Specific rewards may also be available based on the type of game available such as special bonuses for Blackjack games. There are more promotion bonuses on Turkey bitcoin sportsbook sites for sports events. The events include Superbowl, football tournaments or World Cup tournaments. BTC sports betting in Turkey might not be as popular as in other European and other countries, but the love of sports and online gambling is.
It has never been hard to find a suitable place to gamble in Turkey. In the year 1990 casinos started receiving operating licenses. There was a time when the industry employed as many as 20,000 people. There were concerns about corruption and money laundering emanating from the industry. Due to which it became necessary for the government to consider restrictions to reign in the illegal practices.
The reforms were not taken well by the casino’s owners. They perceived this as an unnecessary overreaction by the government that threatened their business. Negotiations went on for months with the government to choose the right to dictate terms down to the most delicate detail. So, it came as something of a surprise when the government declared total closure of all casinos in the same year.
The final verdict, though, was the final nail in the coffin of the gambling and casino business in Turkey. It was the complete shut down in 1998.
Today almost every form of authorised gambling in Turkey is under the state-owned firms. The state-run lottery is the most popular means of placing a bet. IDDAA is a government-controlled sports betting firm that accepts sports bets. Horse races conducted by the Jockey Club of Turkey allow wagering to take place. The introduction of bitcoin casinos has given hope to the Turkish citizens. They can play their favourite games on the various international bitcoin casino Turkey.
The Turkish people love their sports with football being the most loved and favorite sport of all in the country. Big teams are regular representatives in the European club competitions. The recent injection of cash has helped to attract some of the big names from across the world of football. Volleyball and basketball are other sports that are popular in the country.
Horse racing has always been one of the most loved sporting activities in the country, and the equine industry has a lot of money playing into it. It is quite common to bet on these sports although the betting is regulated by the government. They can take place only through state-run agencies. However, with the growing bitcoin casinos, Turkish players can also take advantage of BTC sportsbooks in Turkey and Turkey bitcoin sportsbook.
Considering the state of the present political and social environment in Turkey, there might not be enough likelihood of expansion of the gambling industry. However, the Turkish players can take advantage of some of the online bitcoin casino Turkey. With the rise in bitcoin currency in the world economic state, new bitcoin casinos in Turkey will enable the online gambling on offshore sites. The players can maintain their anonymity and enjoy the vast number of online games. Not to forget the opportunity to win bonuses and rewards.
To come out with all the information on new bitcoin casinos in Turkey, we have checked various online casinos that accept Turkish players. The casinos keep updating their licensing information periodically. Hence, we suggest that readers in Turkey conduct their research before deciding to play on one of the online casinos.
Users can read the information and get all their doubts clarified by the casino support teams. Gambling in Turkey is banned at present. Anyone participating in online gambling and bitcoin betting activities needs to do so at their own risk. All information shared on this post is merely for the knowledge of the reader with regards to bitcoin gambling in Turkey, BTC sportsbooks in Turkey and online casinos.