Bitcoin casino between calgary and canmore – Bitcoin Casinos

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Bitcoin Casinos

Many people have long been skeptical of government or banking institutions. In particular, casino san jorge centro apodaca they do not like them regulating or controlling their money. Crytocurrencies such as Bitcoin (BTC) allow for decentralization, giving people more freedom and flexibility.

Bitcoin has become so widely established that it is now accepted at many casinos worldwide. How does Bitcoin work and how can you use it for online gambling? We’ll provide a brief overview below.

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What is Bitcoin?

As the world’s first cryptocurrency, Bitcoin was established in 2009 by an anonymous person or group of people going by the name Satoshi Nakatomo. Nakatomo “mined” the first Bitcoin blockchain on January 3 that year, and an open source Bitcoin was released later on January 9.

Bitcoin is a digital currency, meaning that it only exists electronically. As such, it is exchanged through a “peer to peer” network between one BTC user and another. A global blockchain keeps track of individual “wallets” as well as every Bitcoin transaction that has ever taken place. Hundreds of people manage the blockchain to ensure accuracy and transparency.

Obtaining Bitcoins to Gamble With

Before you can gamble with BTC, you will first need to create a wallet. To do this, visit and click on wallet. Enter some basic information and you’ll be all set.

Next you will need to acquire some Bitcoins. You can do that by purchasing them on the exchange or by having someone else with a Bitcoin wallet send you some. If you have an online business, you can even accept Bitcoin as a form of payment.

Bitcoin mining can earn you some free Bitcoins. Miners are the “backbone” of the BTC network, and verify every transaction that takes place in the blockchain. They are rewarded for their efforts with Bitcoin payments. To perform mining, you will need access to a cloud-mining program such as Hashflare, Genesis, or Minex. Keep in mind that many of these programs come with their own fees. In essence, this means that “mining” can actual become something of a gamble in itself.

Placing Wagers at an Online Casino

Before placing any bets, you will first need to see if your casino accepts Bitcoin. The good news is that more and more gaming sites are recognizing BTC as a valid payment option, so you should have no trouble locating one that accepts it. In addition, there are several online casinos that accept cryptocurrencies such as Bitcoin exclusively. This means you may have even more gambling options than you would with more traditional payment methods.

Upon determining that your casino accepts Bitcoin, you will then need to make a deposit. Remember that with BTC, this is only done from one wallet to another. Hence, your casino will give you a wallet number to use when making your deposit. Miners will then record your wager in the blockchain, and you can begin gambling. When withdrawing funds, you will provide the gaming site with your wallet number, and the money will be sent directly to it. You will have access to your funds almost immediately.

Cautions when Gambling Online

In its earliest days, many people were hesitant to accept Bitcoin or any other form of cryptocurrency. However, Bitcoin is more widely accepted these days and is therefore a trusted payment method at many online casinos. Unfortunately, it is also accepted at many rogue casinos as well.

Vetting a casino is always important, especially when an operator accepts only cryptocurrency. Before placing any bets, you should verify that your gaming site has the appropriate license for its jurisdiction. Read online reviews and check with the appropriate gambling jurisdiction to see if there are any complaints. Only when you are comfortable with a site’s business practices should you proceed with making wagers.

Advice for US Players

In 2006, the United States passed the Unlawful Internet Gambling Enforcement Act (UIGEA). This law did not outlaw online gambling, but it did prohibit banks from processing transactions with mobile casinos. As a result, many gaming sites stopped accepting US players altogether.

In recent years, Double down casino free codes 2018 the U.S. Justice Department has doubled down on the notion that accepting American currency in online casinos is illegal. Since Bitcoin is not actually distributed by the U.S. Government, many players feel it is an exception to that rule. The Federal Bureau of Investigation (FBI) has disagreed, going after many Bitcoin casinos and shutting them down. As a result, many crypto-only gaming operators now block US-based players as well.

Whether or not US players can gamble with Bitcoin remains a gray area. As such, anyone in the United States should be aware that using Bitcoin at an online casino could violate federal laws.

Advantages of Gambling with Bitcoin

When you make a casino deposit using Bitcoin, your funds will be available almost immediately. You can make a bet right away without the time lag that is often associated with bank transfers.

Cryptocurrency is one of the safest methods for making online transactions, since it is not tied to any bank account. All you need to provide is your wallet number in order to get started.

Fraud is almost unheard of when using Bitcoin. Accordingly, anyone who worries about their financial information being hacked may want to consider it.

Disadvantages of Using Bitcoin at Online Casinos

The price of Bitcoin can fluctuate rapidly. The currency has noticed significant drops in as little as two hours. So if there is a time lag between winning and cashing out, you could lose significant amounts of money if the rates fluctuate.

After making a BTC deposit, you are unable to get it back unless the receiver personally returns it. This means that gamblers would have to contact the online casino directly if they wanted a refund. Not all gaming sites make their contact information transparent, so getting in touch with someone could be rather difficult.

The nature of Bitcoin makes it impossible to re-create. In fact, only 21 million BTC can ever be produced. For now, there are plenty of Bitcoins to gamble with, however, it is uncertain what will happen once no more Bitcoins are being produced.


Bitcoin is a safe payment method that many reputable gaming sites are happy to accept. Even so, an equal number of rogue casinos also accept BTC because they believe it will help them bypass certain laws. Before gambling with cryptocurrency, you should know its limitations and play only on reputable sites. Always know what the gambling laws are in your country, and avoid using Bitcoin to circumvent them. BTC can be a reliable payment method so long as you use it responsibly.

Full Casino Games List

On this page you’ll find a list of all of the exciting online casino games on Cool Cat Casino! We’ve got something for every player, whether you like table games, 21 games, specialty games, video poker, or slots—or all the above. Hundreds of the best online casino games are waiting for you, whether you want to play for free or jump right in and win real money. The games are listed alphabetically by category, so it’s easy to find your favorite game—or discover your next big winner.

Table Games

Find all of the classic table games you’ve grown to love, baccarat, blackjack, Pai Gow poker, Texas Hold’em, and more. These are the most popular table games you would find in any land-based casino. Rule of thumb: if it involves a deck of cards and a table, you’ll find it here. Want to know more about baccarat? Just click on the game below for a full intro to the game, Online casino slot games free no download how to play, and the best strategy. Don’t know a Pai Gow from a Pontoon? Don’t worry, you can read all about these table games before you play. And don’t forget – most of these cool games have special bonus features, promos, and special ways to win!

21 Games

You love blackjack, the classic 21 game. But there’s so much more to scoring that 21 than just blackjack. Other 21 games include European blackjack, Face Up 21, Match Play 21, Perfect Pairs, Pontoon, and more. 21 games are also listed under Table Games, New bitcoin slots online 2020 but for those who want to cut to the chase—and cut the cards—this category is for you. You may be good at blackjack, but do you know how it got its cool name? You can find out more than you ever wanted to know about blackjack and the other exciting 21 games here!

Slots Games

All of the latest and Casinos that still use coins near me greatest slots games are here at Cool Cat Casino! Slots games are the most popular games in the casino, whether it’s online or on land. There’s no barrier to entry, just spin and win! No need to hone your gaming strategy over years just to beat the house edge. That’s both time consuming and expensive. We have hundreds of slots games in every flavor and theme imaginable. Play kung fu games like Eagle Shadow Fist or the new Fire Dragon. Many exciting slots games are waiting for you, just pick your pleasure and Online casino in the uk play for the treasure!

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Specialty Games

Here’s where you find all of the other classic casino games which don’t fit under other categories. Looking for roulette? It’s here under specialty games. Sure, the little wheel is normally found on a table, but hey, it’s not a card game, and that makes it pretty special. You can play 3 types of roulette, European, American, and Multiplayer roulette. You can also find other specialty games like keno, craps, Sic Bo, and bingo. Jump right into the specialty games section to find out more info about your favorite games. And Blackjack betting strategy true count don’t forget to cash in on some cool bonuses!

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