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

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
Cyber Bet: It’s great for esports betting with highest odds and accepts over 5 cryptocurrencies. New customers are awarded 100€.
Fortune Jack is well known for anonymous betting and crypto only sports booking. New customers are awarded upto 6 BTC welcome pack.
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.
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.
Casobet: Casobet is a multicurrency online betting site that provides clients with an array of gambling products and services.
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.
Betcoin offers a variety of selections for their sportsbook and casino. It offers a two-factor authentication and anonymous gambling.
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.
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.

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