UK Licensed Bitcoin Betting Sites
Sports betting with bitcoins is a rather new concept and there are many entrepreneurs working on this new field. There are many sportsbooks which accept bitcoin as a form of payment but not l of them are UK licensed. Want to discover how you can bet with bitcoin at UK licensed betting sites? You can find the answers right here.
For years, there were no UK licensed bitcoin betting sites for British customers to enjoy. The UK Gambling Commission had failed to add bitcoin to its list of acceptable payment options, which meant any gamers looking to make transactions with their favourite cryptocurrency had to use websites based outside of the UK.
However, as of October 31st 2016 (Halloween, of course) the Gambling Commission has given bitcoin the official green light. This means any online casinos operating with a UK license have the freedom to accept bitcoin as a form of payment, either as just one option or the sole method.
This change came in their updated License Conditions and Codes of Practice, after the Commission had consulted with industry stakeholders and licensees. As a result, bitcoin-users preferring to make their transactions using one of the most popular crytocurrencies available today can expect to see more and more casinos accommodating their financial needs.
Casinos currently in business with a UK licence may choose to add bitcoin to their roster of payment methods, or new companies might see this as their ideal opportunity to fill a gap in the market. At present, NetBet is the only online casino with a UK licence offering bitcoin as an option, but this is sure to change in the years ahead.
bitcoin holds great appeal to gamers today, with its privacy, minimal transaction fees, and potentially-high value. This is a time when faith in banks and regulating bodies is low, and the cryptocurrencies’ lack of third-party oversight carries an irresistible sense of independence and freedom.
The First UK Licensed Bitcoin Betting Sites
NetBet announced at the end of October 2016 that they were to become the country’s first gambling site to welcome bitcoin, powering their sportsbook and casino games. NetBet is a major website with a comprehensive sportsbook, offering members the chance to place wagers on some of the most popular sports in the world. Numerous leagues and tournaments are included.
Football, horse racing, tennis, basketball, badminton, boxing, darts, ice hockey, and other major sports markets are available. More niche fields — futsal, Aussie rules football, Gaelic football, and e-Sports — can be wagered upon too. The sportsbook is well-designed, presenting events currently in-play or scheduled to take place soon, featuring odds, times, and more.
NetBet’s casino includes a huge range of games, across different categories. Slots, video poker, card games, and table games are all available. In their video slots roster, you can try Panda’s Fortune, Starburst, and Gonzo’s Quest (one of the most popular games today, boasting stunning 3D visuals and a great lead character).
You can try your luck on live casino games too, connecting you to professional dealers for real-time gameplay. Choose from Immersive Roulette Live, Blackjack Evolution, Dream Catcher, Baccarat Evolution, Caribbean Stud Poker, and others.
NetBet has been followed by Tonybet to accept Bitcoin deposit and withdrawals. Tonybet is another UK licensed betting site and totally reliable. They offer wide range of sports betting with a jusicy £20 signup bonus offer.
The sheer range of betting options makes placing wagers with bitcoin at NetBet especially satisfying, giving you plenty of diverse experiences to enjoy. You can learn more about getting set-up with your own bitcoin wallet and joining bitcoin betting sites elsewhere on our site.