Casino Betting with Bitcoin
Bitcoin gambling online consists of playing casino games and using BTC to place bets. To gamble with Bitcoin, deposit them to your account using a BTC wallet to make real bets on various casino games.
How to Obtain a Wallet and Make Deposits
The best way to purchase Bitcoin is through a cryptocurrency exchange. To obtain Bitcoin for online gambling, you will also need to open a cryptocurrency wallet to store your money there. Most all casinos have free Bitcoin wallets available for all major operating systems and devices. Players can install an app on their mobile device for everyday use or have a wallet for online casino accounts.
Choosing the Wallet
Coinbase appears to be the wallet of choice wherein it automatically creates wallets for new accounts. A new subscriber has to load it with Bitcoin or Altcoins (various cryptocurrencies) to use such a wallet. Using exchanges like Coinbase is widely regarded as the easiest and quickest way to buy Bitcoin via debit card.
Steps to Set up the Wallet
- #1. At the blockchain.info homepage, scroll to New to Digital Currencies. Click on Get a Free Wallet. Use Coinbase.
- #2. Enter your email and password. Confirm the password and click on the Terms of the Service box. Hit Continue. Make sure that you pick a password you are unlikely to forget and read the terms of service thoroughly.
- #3. Click Get Started.
- #4. Your wallet is now online. You can now create an address to receive coins by hitting Request. You will need an exchange account to fund your wallet. Once funded, you can send coins by hitting Send.
Sending Money to the Wallet
Sending Bitcoins to your wallet is simple. You first have to go to the wallet you want to receive Bitcoins (Coinbase) and then find the address. Send Bitcoins to this address, and you will receive them once they are sent.
Visit Bitcoin Casinos
Just about every Bitcoin Casino has a tutorial for new Bitcoin users. These tutorials give step-by-step instructions on how to obtain a Wallet, Purchase Bitcoins, and then fund your online casino account. Once the steps are complete, players can now fund their online casino accounts with Bitcoin.