Online bitcoin casinos are nothing new. In fact, the only online casino with a real physical location is the online property site Cryptologic. However, it’s important to recognize that these casinos aren’t simply online extensions of typical brick-and-mortar casinos. The difference is that with traditional casinos you are forced to sit on a chair and play the game — you don’t have the option to step away, to go online and do something else. With an online casino you can hop on your computer, log into your account, and play your heart out right from your home computer.
But what if you want to move your money between the online casino and your normal bank? What if you want to use your regular bank to wire some money from one place to another? It’s still possible to do this with bitcoins, but there are now new methods for transferring your money that aren’t as cumbersome and certainly less expensive. In this article, we’ll take a look at a couple of those new methods and how they work.
Most traditional banks these days support the transfer of funds using the internet. They have developed relationships with several online gaming companies that give players the option of playing their favorite games from the comfort of their laptops. However, it’s still very easy for someone to take control of their identity and password and use their credit card to make purchases online. To prevent this problem, and to make sure that their money is safe when they are transferred, many gamers have taken it upon themselves to set up wallets that allow them to use their credit cards while playing at these websites.
Now, with those transfers are becoming more convenient, there are two other areas in which you can make use of your wallet to fund your account and start playing: deposits and withdraws. Both of these actions are usually done through online wallets that are connected to your local banking system. As long as you have a connection to the internet, you can log on to your local bank’s website, add funds to your account, and start playing right away. The only thing you have to do to withdraw your money is to pay the relevant charges to the appropriate place, and you’ll be able to get any deposits you’ve made to your bitcoin casinos deposited straight into your bank account as well.
One of the major complaints people have about traditional casinos is that they always treat players who gamble with their money as though they were dealing with any other form of money. Whether it’s an online site or a brick-and-mortar establishment, they treat all forms of cash the same way. They treat player funds like they’re going to be used for a trip to the Bahamas, or lunch at Maccadamia Grill. With the introduction of wallets, however, that sort of thinking is no longer going to be the case. Today, you can enjoy your wins as if you were playing at a provably fair gambling establishment.
Fees are a major objection when it comes to using this new technology to play around with your money. There is no fee associated with playing around with currencies at these kinds of locations. That means you can get as much money into your account as you want, and the chances of you spending all of it on virtual items are practically non-existent. As long as you remember to pay out your winnings, and keep your deposits low, it shouldn’t even matter whether or not you win. The anonymity of the world wide web has made it an incredibly fun place to enjoy your downtime.