Betting and bitcoin - is it a good connection?

Cryptocurrencies have really spread in the last several months. Virtual money enters another areas of life, more and more enables payments for wide range of services. It is not different in case of gambling and online bookmaking. List of online bookmakers, which it offers financial services in bitcoin, grows every week. Let's see where is the secret of success for this most popular cryptocurrency among tipsters all over the world?

Bitcoin bookmakers are not afraid of anti-gambling laws
In the last few years, probably like never before, governments of more and more countries started targeting betting industry. Massively introduced gambling laws strongly reduce possibility of betting in favorite, most prestige bookmakers are forcing tipsters to search for alternatives. One of them are bookmakers which accept bitcoin.

In some of them, bitcoin is only one of many accepted payment methods, on the other hand some bookmakers offer accounts only with cryptocurrency. It is worth to mention that undoubted advantage of first ones is their bigger experience and credibility – in most cases, they are on the market for dozen years and you can trust them. On the other hand, in opposite to services offering only bitcoin payments, they mostly require registration and verification of client’s data.

On the other hand bitcoin and bitcoin bookmakers are rather new “inventions”. Many tipsters may be afraid of credibility and solvency of such services. Definitely before depositing big amount of money at such bookmaker it is good to find as much information about that bookmaker as possible. For some bookmakers accepting bitcoin and more descriptions about coalision of bitcoin with sports betting visit bitcoinbetting.bet web site