Bitcoin Casinos UK

Happy Christmas! With the price of Bitcoins going through the roof, we bet there are some happy readers out there who were, quite frankly savvy enough to buy or acquire some Bitcoins when the price was next to nothing! Yeah, we know, hindsight is a good thing isn't it!

But, we think that it's fair to say that since the price increase, there have (naturally) been a lot more online casinos that are accepting Bitcoins in the UK! Due to the UK Gambling Commission, there are far less UK Bitcoin casino sites than you can find in Europe or Australia, but we are quite sure there will be more There are 2 we have found out about and we have listed them in the link above.

If you are reading this and are thinking that you are not too sure what we are talking about. let's go into a bit of details about Bitcoins, shall we?

Just as a note; I am not going to get too technical about what Bitcoin is on this article. Sure, we are going to talk about some of the basics of Bitcoins, but if you are looking for some amazing guide on how you can get your hands on some, then you will probably want to look elsewhere. I can’t answer any of those questions on this page and besides - Bitcoins can be a very long and complex subject!

But......What I can tell you, however, is how you can make them work for you when it comes to online casinos. And for this reason, is why we think that in 2018, there will be many more Bitcoin slot sites popping up all over the place. And since 2018 is just around the corner, we don't have too long to wait, do we?

What are Bitcoins?

Bitcoins are an online crypto-currency. This means that it is not a real currency in the traditional sense of things. There is no central bank which controls interest rates and the like. There is not attached jurisdiction. It is a currency which is completely controlled by the market. It is the market which assigns value to it. If the market says bitcoin is worthless, then it is worthless. If the market says that there is some value to bitcoin, then there magically becomes some value to bitcoin. Simple as that.

I don’t want to get into the specifics of how Bitcoin came to be. I am probably sure that you already have some idea that Bitcoin is ‘mined’ by computers which have to solve complicated algorithms. You also probably know that it is one of the most popular crypto-currencies around. It started out being worth a couple of dollars a pop, but now it has made millions of dollars for the people who bought into it at the very start.

What is a Bitcoin Casino Site?

Basically, Bitcoin casino sites enable you to use your bitcoins to gamble. It really is simple. As long as you have some bitcoins in an online wallet, then you will be able to deposit them into your account. You can then play just as you would with any other type of money.

More casinos than ever are enabling people to gamble with bitcoins. This is because online casinos know that they can make some serious money on it. After all, the more deposit options they have available to them, the more money they can end up making from their customers!