Skip to main content

How online casinos use crypto-tech in defying regulations to thrive

 Internet casinos have been on a steady rise in the recent past. They are booming because they offer gamblers unique ways to wager using cryptocurrencies. One only needs an email address to sign up.

In the United States of America, gambling has been put on serious check making it impossible for users to invest and withdraw money from regulated internet casinos. But Bitcoin offers a solution that sidesteps such regulations.

Bitcoin operates on a decentralized system making it hard for institutions to monitor them. 

According to NBC News, online sports betting have been surging in the US, with 22 States legalizing it. The Washington post revealed how gambling business thrived in the wake of the global pandemic, with its revenue surpassing $44 billion in 2021.

10 Best Crypto Betting Sites 

  1. Cloudbet: It offers both online casinos as well as sportsbook. It allows its customers to bet anonymously using Bitcoin. It’s available to any person from anywhere wishing to gamble using Bitcoin 

  2. Cyber Bet: It’s great for esports betting with highest odds and accepts over 5 cryptocurrencies. New customers are awarded 100€. 

  3. Fortune Jack is well known for anonymous betting and crypto only sports booking. New customers are awarded upto 6 BTC welcome pack.

  4. Stake offers the ultimate betting experience and accepts a wide variety of cryptocurrencies such as Litecoin, Ripple, Litecoin, Dogecoin, EOS, Bitcoin Cash (BTC) and Bitcoin. They don’t offer welcome bonuses but have a VIP perk and cashback services.

  5. Sportsbet.io was founded by mBet in 2016 and is claimed to be one of the best crypto sportsbook and supports a variety of cryptocurrencies. You can’t play anonymously and doesn’t support end-to-end encryption.

  6. Casobet: Casobet is a multicurrency online betting site that provides clients with an array of gambling products and services.

  7. BetOnline is an online casiono offering higher betting limits and offers gamblers lots of bonuses throughout. BetOnline account is opened using your country name, postal code and phone number.

  8. Betcoin offers a variety of selections for their sportsbook and casino.  It offers a two-factor authentication and anonymous gambling.

  9. BitCasino accepts cryptocurrencies, banking and money transfer options. The Cypto payment options supported by BitCasino include Bitcoin, Ethereum, Dogecoin, XRP, Tether, Litecoin, Cardano and TRON.

  10. Club Roches accepts crypto payment options from any part of the world and has a reliable payment system with a reputable customer service experience. It accepts Bitcoin, Ethereum, Litecoin, Tether and BitcoinCash.

Labels:

Comments

Post a Comment

Popular posts from this blog

How Musk's Neuralink Blindsight will allow the blind to see

  Scientists are still stunned by Elon Musk's plan to enable blind people to see, using his Neurolink's Brain Computer Interface chip dubbed Blindsight. Neurolink has already partnered with top Spanish scientists and US Santa Barbara to make a device called Blindsight, a smart Bionic Eye powered by brain implants and AI. Blindsight got the approval of the US Food and Drug Adminstration (FDA), though there have been no human trials. Musk confided that Neurolink will perform its first human implant of Blindsight at the course of 2025. Will Neurolink's Blindsight allow Blind People to see? Blindsight is designed to enable people with total visual impairment, as a result of damaged optic nerve but with intact visual cortex, to see. This is enhanced by bypassing the optic nerve and stimulating the visual cortex to create a visual perception. Visual cortex is part of the brain that receives, integrates and processes visual information relayed from the retina.  Blindsigh...
Post a Comment
Read more

How Human Brain will replace Smartphones in communication

Elon Musk envisiges a future where smartphones are obsolete and communication happens directly through the brain.  According to Musk, Neuralink the brain-computer interface that his company is developing, could eventually replace phones entirely. Imagine navigating the internet, sending and receiving text messages, or even making calls, all with just your thoughts. This sounds like fictional science. However, Musk believes the integration of humans and artificial intelligence is a necessary mileage for human evolution.  Neuralink’s potential extends far beyond convenience; it could disrupt the field of medicine, communication and the way we interact with technology forever. The future Musk envisions is not just coming, it's already in the pipeline. NEURALINK will make Smartphones completely obsolete. Neuralink is a company that was found by billionaire Elon Musk and develops brain-computer interface technology. Its goal is to connect the human brain to computers so as t...
Post a Comment
Read more

Why President Ruto risks being impeached

President William Ruto is treading a dangerous political path. His recent allegations over bribery in parliament might hound him out of office. The president has found himself in a political quagmire over his public expose on rampant graft in parliament. Legislators drawn from the National Assembly and the Senate were astounded by the manner in which the Head of State exposed their nakedness in the public gallery, instead of initiating prosecution process with the relevant mandated authorities. Majority of MPs were of the opinion that the president should have prosecuted his case with the relevant bodies established by the Constitution tasked to deal with corruption cases. National Assembly Speaker Moses Wetangula and his Senate counterpart Amazon Kingi have been directed by a section of MPs to summon the president to shed more light over his aspersions or risk being impeached. Homa Bay Senator Moses Kajwang' and his Nairobi colleague Edwin Sifuna were irritated by what they...
Post a Comment
Read more