Can you bet with BitCoin?
Of course you can bet with BitCoin, but I wouldn't recommend it.
There are lots of people hopping on the BitCoin bandwagon and accepting the cyber currency in the expectation that they will make money from the rise in it's value. But it's an incredibly unpredictable currency and the days of making a fast buck from it should, hopefully in terms of stability, be over.
If you're looking to bet with your BitCoin then ask yourself why? I understand why it became the defacto currency for drug purchases on the silk road, the annonymity was very useful in those circumstances, but for betting? If you're going to trust the company you're betting with, then best to stick to the names you know and the currencies everyone uses.
A quick search of the net will bring up plenty of sites that accept BitCoin for betting, but just stay clear of them. Same goes for any of the youtube videos explaining how you can beat the BitCoin casinos.
Stick to bricks and morter or online sites, like the bookmakers we have listed, all of which all have great sign up bonuses and free bets, and none of them are going to shaft you.
If you want to read up some more on BitCoin betting then there's a more thorough piece on the Matched Betting Blog titled BitCoin Betting. Well worth a read.
Of course you can bet with BitCoin, but I wouldn't recommend it.
There are lots of people hopping on the BitCoin bandwagon and accepting the cyber currency in the expectation that they will make money from the rise in it's value. But it's an incredibly unpredictable currency and the days of making a fast buck from it should, hopefully in terms of stability, be over.
If you're looking to bet with your BitCoin then ask yourself why? I understand why it became the defacto currency for drug purchases on the silk road, the annonymity was very useful in those circumstances, but for betting? If you're going to trust the company you're betting with, then best to stick to the names you know and the currencies everyone uses.
A quick search of the net will bring up plenty of sites that accept BitCoin for betting, but just stay clear of them. Same goes for any of the youtube videos explaining how you can beat the BitCoin casinos.
Stick to bricks and morter or online sites, like the bookmakers we have listed, all of which all have great sign up bonuses and free bets, and none of them are going to shaft you.
If you want to read up some more on BitCoin betting then there's a more thorough piece on the Matched Betting Blog titled BitCoin Betting. Well worth a read.