What is the Picture of Bitcoin Casinos in India?
With the surge of bitcoin, India has joined the bandwagon to indulge itself into bitcoin casinos. Within a few years Indian customers are emerging as one of the promising market in the field of sports related betting, gambling, and lotteries in the bitcoin casino business worldwide. The question remains as to which are the best casinos and what advantages these users can harness from them.
India Gains Popularity Among Bitcoin Casinos
The world has entered in the new era of digitization where transactions are being rapidly made via digital wallet. With this the popularity of bitcoin as the digital currency has increased tenfold in the past few years. Bitcoin is being used as shopping, travelling and booking, buying and selling on Exchange and even transferring this crypto currency just like a cash transaction, anonymously. Alongside, this has also opened the gates of a whole new arena that deals with legal gambling, gaming and lotteries through online bitcoin casinos.
There are growing numbers of online casinos that caters players from around the world, including India. These casinos provide a number of options from sports based betting and spread betting to gambling games and online lotteries where the players can bet their bitcoin cash.
India is still a beginner when it comes to dealing in bitcoin casinos. Every state in the country has different laws and regulations related to gambling. Currently there are no licensed online casinos in India and therefore online gambling is illegal in the country. However, there is also no specific law which bans a player from using bitcoin casinos.
As bitcoin is seeing new heights many legal foreign bitcoin casinos are allowing more and more Indian players to bet. In this case the best option for customers is to use VPN service. Although popular gambling software developers such as NetEnt, Amatic, SoftSwiss and Endorphina enable bitcoin users to play, there are few states where these games are still banned. Here players can create a loophole to bypass this restriction via VPN option.
While there are many bitcoin casinos available for Indian players, every person has their personal preference when it comes to choosing which one they prefer. These aspects usually depend on the type of games available, bonuses and withdrawal times. Bitcoin online casinos such as 7bitcasino, Cloudbet and Bitstarz are pretty popular among Indian customers.
While there are several online casinos available to the Indian customers, not all of them deal with bitcoin. It is preferable that before starting one should have a thorough conversation with customer services of any casino to understand what advantages they will receive. Apart from the aforementioned bitcoin casinos, there are few others that cater the need of Indian bitcoin users. These are Oshi, BetChain, LuckyRed, CryptoGames, PlayAmo, ExtraVegas, CasinoMax, Bitcasino.io, FortuneJack, BTCGames, Betcoin, VegasCasino, and BitcoinPenguin.
Indian customers are extremely passionate about various sports and especially cricket. Here popular online bitcoin casinos such as sportsbet.io and CloudBet come into play for BTC sports betting in India. Customers can easily deposit and withdraw their winnings with the help of e-wallets or digital wallets in these casinos.
One of the popular advantages of bitcoin casinos are the bitcoin bonuses. Apart from the usual welcome bonuses of free spins and VIP packages, there are few casinos that also provide bitcoin as bonus.
Bitcoin casinos are known for their privacy and anonymity clause where a player can deposit, play and withdraw their winnings anonymously. Along with this, as mentioned before, the use of VPN also allows a more secure and private transaction when dealing with bitcoin casinos.
Since gambling in India is still a controversial subject it is important to thoroughly check the pros and cons before indulging oneself in any form of money related games. The betting laws in India are completely state subjected and therefore important to understand properly. It is advisable to take the help of support staff of any online casino to review their license, bitcoin availability and other cautionary advices beforehand.