The Malta Blockchain Summit taking place on 1-2 of November this year will launch a Blockchain Hackathon powered by CryptoFriends, which is expected to bring … Continued ⭢
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Advantages of playing at a UK bitcoin casino
Bitcoin gambling in UK is still in its early phase as there are few bitcoin casinos with UK license. But BTC casinos have some advantages over standard ones. Currently, it’s hard to find a deposit method that wouldn’t charge fees from you. However, bitcoin transaction carries no fees. Therefore, you can freely deposit and withdraw bitcoins at the casino without additional charges. Furthermore, both the deposit and withdrawal with BTC is instant. It’s also hard to keep your details safe nowadays. Often even deposit methods require you to fill up the personal info. Meanwhile, usually, full BTC websites don’t check your personal information. In that case, all of your bitcoin transactions are anonymous.
Another thing that a player can profit from is the lack of license in some of the bitcoin casinos. The lack of license often means the casino doesn’t need to pay taxes. Then, it’s easier for it to offer you significant bonuses. It also applies to the UK bitcoin sportsbook where a player can benefit from higher odds.
Bonuses on bitcoin casinos in UK
As a UK player, you can benefit from all the bonuses in any casino that welcomes UK customers. Not to mention the UK licensed casinos. Moreover, a bitcoin market has some of the best deals to offer. Often you can benefit from the 1-2BTC welcome offer. Of course, you have to deposit a lot to get that much. However, it still beats most of the regular market. There is standard wagering requirement that also applies to the bitcoin casinos. What’s more, players consider free spins and a no deposit gift as some of the best UK bitcoin casino bonuses.
Gambling in the UK today
The United Kingdom has some of the most modern laws considering gambling. Therefore, it’s the leading market in the casino industry. That’s because the UK has it’s own Gambling Commission that cares about the UK customers. The license often works also as a seal of approval, as it’s one of the most valued ones in the world.
The law of the UK allows online gambling. The website has to have the UK Gambling License. If you want to play at the offshore casinos with licenses, you can also do that. In general, you can play anywhere you want, because the law doesn’t prohibit you from playing. It instead prevents unlicensed casinos from allowing you to play. It is often the case in many countries.
The UK is a powerhouse in gambling. Great Britain has a 34% market share in of the remote gambling sector in the entire world. What’s more, thousands of British adults enjoy gambling. The UK Gambling Commission ensures that the people don’t get addicted and provides support for people vulnerable to problem gaming.
What about bitcoin gambling UK? In general, the above means we can play in both licensed and unlicensed casinos. Not to mention there is no gambling tax for the customers. It is because the government doesn’t consider casino winnings as an income. Therefore, you don’t have to pay a tax for that. That applies to bitcoin, too. It’s both profitable and convenient for the UK customers.
BTC sport betting in UK
In the UK players especially enjoy horse racing and golf. However, all the most popular sporting events get enormous popularity, too. What’s even more, the full bitcoin sports betting in UK benefits from higher odds and better bonuses. That’s why many players choose such sites. Some of the most popular places for that are FortuneJack, Cloudbet, and Sportbet.io.
New bitcoin casinos in UK
As the bitcoin is still relatively new, the market grows to answer for thousands of enthusiasts out there. In 2018 there will be undoubtedly new bitcoin casinos in UK. In general, more of the casinos benefits the customers. It is because you have a more extensive choice. Besides that, the competition increases which leads to the casinos increasing the quality of their services to compete in the market. Back in the year 2017, there were some great casinos launched: FortuneJack, Cozyno and more. There is undoubtedly more to come. To be up to date, you can check our website as we feature the news section.
A word of caution:
To compile the list of UK bitcoin casinos on the page, we have contacted the support and read the terms and conditions on each site. However, the information might change and even if we try to keep the lists updated there might be changes that we miss. In this case, you may get trouble when withdrawing funds. If the bitcoin casino doesn’t have a UK Gambling Commission license, it may ban players from the UK. Therefore, it’s important always to do your research before you deposit any money into the account. Read the terms and conditions carefully and ask the support if anything is unclear to you.
We provide information. However, keep in mind we are no lawyers. Therefore don’t treat it as legal advice and remember you are responsible for your actions.