Gambling with Bitcoin

08 Dec 2013 | 11:55 Author: Seth Shafer

Fans of poker and casino games now have a few options when it comes to gambling with Bitcoins.

Just owning Bitcoins are a bit of a gamble due to their volatility in value -- with daily swings up and down of $100 or more relatively common -- but people with Bitcoins burning a hole in their pockets can now use them to gamble online.

Most large online gambling operators haven't yet embraced Bitcoins and don't offer Bitcoin deposit or cashout options but several companies have stepped in to fill the void, doing business exclusively in Bitcoin.

Seals with Clubs has been offering Bitcoin poker action since 2011, running both cash games and tournaments. While their player traffic is much smaller than big online poker firms such as PokerStars or 888 players can generally find games running any time day or night, especially at smaller stakes cash games. The site also offers freerolls and other promos that can let you get a few chips to play with as you get started with Bitcoin poker.

SatoshiDice is one of the best-known Bitcoin casino sites, offering what is essentially an online lottery game. Players basically send Bitcoins to choose a number and enter a random drawing determined by a roll of a dice, with players winning if the random number rolled is lower than the number they picked. It's more a lottery than a casino site but it's one of the more reputable and long-running Bitcoin gambling sites around.

bitZino offers the most game options as far as Bitcoin casinos, with players able to try their luck at games including blackjack, roulette, slots, and video poker. The HTML5-based action means that no downloads are required and all you need are Bitcoins to get started with gambling for real money.

Satoshi Poker (which might sound similar but it isn't tied to SatosiDice) specializes in online poker, with action similar to other online poker sites. The site launched in 2013 and is still looking to build a player base, so it may be hard to get a game going depending on when you log in.

 

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