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However, for those of you looking to play casino games online using traditional currencies, Bitcoin Games may not be the right casino choicefor you.
While there are many Bitcoin games out there designed to allow for the playing of real-money games, there are also many that do nothing but allow for players to purchase Bitcoin and then convert the currency into cash or another denomination to buy in-game items.
The problem with this way of working?
Bitcoin gaming sites and sites where Bitcoins can be transferred to and from are illegal in at least 15 countries. That’s not including the United States, where Bitcoin is banned by the IRS.
Online gambling and Bitcoin
There are many online casinos and betting websites that can be used to play Bitcoin gaming sites for real-world currency.
One particular gambling website, Bitbet.info, allows players to deposit their Bitcoin and win real-world cash with no need to take an online gamble at an illegal gambling site.
While Bitcoin gambling is legal in the United States, it is not accepted at any online casino or betting site in Europe or Australia. You may be able to gamble on online gambling sites in these countries, but at the same time, you will be dealing with the risk of losing money by playing on those sites.
The bottom line is that Bitcoin gambling sites are not regulated by any government, and they are not regulated by the Federal Trade Commission to the same extent that traditional online gambling and online gambling sites are.
Bitcoin Casino Games
The real-world cryptocurrency that can be redeemed through this gambling site is called GBL, short for «BitCoin Casino.»
BitCoin Casino has been around since 2013 and since has been listed on several cryptocurrency exchanges.
For a complete list of all GBL related Bitcoin casinos and betting sites, click here.
Why is BitCoin Casino different from other Bitcoin gambling sites?
There are a few big differences between BitCoin Casino and BitCoin websites.
Most Bitcoin gambling sites accept credit and debit cards, but BitCoin Casino accepts Bitcoin.
While a lot of Bitcoin users have been using credit cards to gamble online, this is not feasible for a casino.
BitCoin Casino also allows for an in-game currency exchange and will give a player a chance to earn some Bitcoin by using his GBL in the game.
BitCoin Casino gives players a variety of bonus features, but GBL is what is most important.
This in-game currency is what is going to allow players to win Bitcoin from the gambling site. As the real-world currency, G
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