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Author Topic: Bitcoin, PayPal or Credit Cards – What is the best way to fund an online casino?  (Read 502 times)
tyz (OP)
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November 16, 2016, 11:52:09 AM
 #1

Bitcoin is becoming more and more popular as a form of virtual currency that owners can use for online payments. Dozens of online casinos have started introducing Bitcoin as a method of acceptable deposit for online gambling. These online casinos offer a certain selection of games for which Bitcoin is accepted as a form of depositing, such as slots, poker and roulettes.

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Mzie
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November 16, 2016, 12:19:24 PM
 #2

With my experience, Bitcoin is the best, quick deposits and withdrwals depending with how the bookmaker processes transactions. Some even offer punters to place their bets before their deposit transaction  confirmation.
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November 16, 2016, 12:25:30 PM
 #3

it is obviously bitcoin without any doubt!
- you stay anonymous so even if it is not legal to gamble online you can still do it.
- it is cheap! which means you can even deposit a small amount and gamble but you an never deposit less than $1 with other methods because of their fees.
- deposit and withdrawals are instant and there is no need for uploading your documents and waiting for verification of your identity!

but it is only good if you already own bitcoin and have some in your wallet, if you want to go buy and then transfer i think it is not much useful for newbies.

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November 16, 2016, 12:32:36 PM
 #4

For now, bitcoin is the best payment method for online casinos. It is very simple, anonymous and fast transactions. Online casinos give a big impact on bitcoin popularity and it seems bitcoin will last longer since nowadays the numbers of online casinos that accept bitcoin as their payment method has been growing rapidly.

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November 16, 2016, 01:24:50 PM
 #5

The best method to fill up your balance is using bitcoin , because Credit Cards can track your transaction so if gambling in your country is illegal you would be arrested and put into the jail that's happened in here (so be aware).

Bitcoin is easy to use and it takes a few of seconds and you can play it after that to make your bet quicker. Unlike other methods it takes few hours till a day if there are a delay . So , doesn't matter it is bitcoin is the top one.

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November 16, 2016, 01:38:05 PM
 #6

Maybe this time bitcoin is perfect for online casino sites. By using bitcoin we can easily depositing our money into online casinos. Besides its low cost is also an option because it is not need to think about a sizable fee if the deal with bitcoin. Security identity when the transaction is also one that makes bitcoin superior paypal and credit cards. If the payment by paypal and credit card costs outweigh bitcoin and our identity will be visible. Maybe it seems to me that makes bitcoin is suitable to fund online casino.
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November 16, 2016, 01:40:05 PM
 #7

Bitcoin funding is the most easiest method . It is the most comfortable way for me. Just deposit and wait  for required network confirmation and Watch your balance get updated in your account balance. That's it. You are ready to gamble.

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November 16, 2016, 01:47:39 PM
 #8

more satisfying to use bitcoin as a fund for the online casino. well, its use is very easy to use, besides using bitcoin is very simple, and very suitable for online casino. in contrast to paypal and credit cards, so many things to do before you can use it, and very hard to take the money.

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November 16, 2016, 01:55:31 PM
 #9

Bitcoin is best way among all mentioned way to fund any online casino where it has acceptance. Bitcoin is unique in this regard and I started to play online gambling fully once I found out that Bitcoin is best alternative for Credit Cards or PayPal because of these I was not doing gambling before. My opinion is straight in favor of Bitcoin.
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November 16, 2016, 02:01:32 PM
 #10

For now bitcoin is my best choice to play online gambling, the reasons has been mentioned by some members above me. Such as stay anonymous, cheap and fast. I was very active on fiat online gambling few years ago, I used local bank transfer at that time because it is the only way to play on my local online gambling. I still playing with fiat especially for poker game, but still bitcoin is the most currency I use for gambling in the last few years.

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November 16, 2016, 02:04:31 PM
 #11

Theres no questions  asked, Bitcoin  payments  would be  the best choice among  the three  because  of  its  convenient accessibility and   dont  have any hassle compared  to those  paypal and credit  card and  also  with bitcoin  you could able to  hide  your  identity  which is  really a good thing  if  privacy does  mean to you.

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November 16, 2016, 02:10:59 PM
 #12

Everyone will give same response that Bitcoin is best available way to fund you deposit account or play directly wherever is possible without depositing online gambling. PayPal is outdated whereas Credit card was never pleasant way to fill your gambling account. They both have turned down by becoming irrelevant for Bitcoin users.
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November 16, 2016, 02:26:07 PM
 #13

Bitcoin is becoming more and more popular as a form of virtual currency that owners can use for online payments. Dozens of online casinos have started introducing Bitcoin as a method of acceptable deposit for online gambling. These online casinos offer a certain selection of games for which Bitcoin is accepted as a form of depositing, such as slots, poker and roulettes.

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It is really good when we are using our paypal account than credit cards to pay online payments and If you are ordering some chips in casino ofcourse i think you can't pay with your paypal there unless you had credit card to use as alternative payment so you can buy some chips from them and for me Credit card is best.
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November 16, 2016, 02:28:36 PM
 #14

From what I know paypal doesn't allow you to use it for gambling purposes, so you will anyways not be able to use it. I personally prefer bitcoins and not my Credit card, because a lot of gambling websites are shady and I don't feel like providing them my personal details or my cc number.
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November 16, 2016, 02:37:26 PM
 #15

Having a way to pay such as paypal but the question is would you be able to cashout in this method as well?

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November 16, 2016, 02:47:58 PM
 #16

None of the big league sites outside the bitcoin world accept bitcoin, but none of the websites accept paypal or credit cards from US players, so bitcoin is the only option. I personally prefer bitcoin or credit card.
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November 16, 2016, 02:54:01 PM
 #17

Bitcoin is becoming more and more popular as a form of virtual currency that owners can use for online payments. Dozens of online casinos have started introducing Bitcoin as a method of acceptable deposit for online gambling. These online casinos offer a certain selection of games for which Bitcoin is accepted as a form of depositing, such as slots, poker and roulettes.

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In my opinion all these ways for payment are good but still little thinking in my mind that we should keep us away from credit/debit card online payment to avoid from steal of identity .
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November 16, 2016, 04:42:34 PM
 #18

I would say that the best way to fund an online casino out of those three options is to use Bitcoin for a number of reasons. The most important reason is because of the anonymity involved with the cryptocurrency. When you make a deposit using Bitcoin, you do not have to give any personal information (such as name, address, SSN) that could possibly be stolen. That makes the options of depositing via PayPal or credit cards risky, and there could also be chargebacks involved with those two options if you are playing from a country that is not allowed.
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November 16, 2016, 04:46:02 PM
 #19

I think that the best way is bitcoin, you will not have problems related to country restrictions on gambling. Credit cards processor could block you from depositing if its banned on your country.
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November 16, 2016, 04:53:31 PM
 #20

I think that the best way is bitcoin, you will not have problems related to country restrictions on gambling. Credit cards processor could block you from depositing if its banned on your country.

Coinbase is banning accounts registered in countries where gambling is prohibited, when someone make deposits in online casinos.
Anyway from long time i'm saying that Gambling will be first industry where Bitcoin will go to mainstream.
And it is not about that gambling is prohibited in some countries, but mostly it is about anonymity.

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