Casino Gambling

Online Gambling With Bitcoins

Bitcoins have been making the news quite a “bit” lately. I’m not going to tell you the technical details about how the Bit Coin currency works because I don’t know. I’ve read articles at CNN about them and their Wikipedia page but I still don’t get it. That doesn’t mean that I have discounted their impact on the online gambling industry, or their potential. Americans do not have a wide range of deposit methods to choose from right now. This goes for casino gamblers, poker players and sports bettors. Bitcoin is more than just a deposit option though, it is an investment at the same time. If you had a poker bankroll of 100 Bitcoins in 2012 – valued at roughly $650 – they would be worth $12,140 right now. If you think that is something consider this. Earlier this year they would have been worth $26,600. By owning Bitcoins you are gambling and if you use them to deposit at Syair Togel online poker room or casino, you will have two ways to win or lose. Bitcoins may be down from earlier this year but they are certainly doing well. According to BitcoinsPoker.com there are currently four poker sites that accept Bitcoin deposits, some of which accept Americans and also offer casino gambling and sports betting.

I think the advantages should be pretty obvious but if you know nothing about this virtual currency they will not be apparent so I will explain. The definition for Bitcoin is:

A decentralized digital currency created in 2009.

That probably doesn’t help a great deal. Bitcoins are not issued from a bank or backed by anything. They have value because people believe they do. The important thing is that you can easily acquire them and sell them.

Some Bitcoin poker sites allow you to play for Bitcoins – in small denominations – or will convert them into another currency and convert them back when you are ready to withdraw your winnings. Using Bitcoin at online gambling sites is easy, cheap, secure and reliable. Americans have certainly used worse banking methods.

There are two cons to using Bitcoin to gamble online, at least two that I can think of. The first one is both a pro and a con. Bitcoins can gain or lose value. It has been increasing steadily but some experts say that a collapse will happen one day. Others say that Bitcoins are safer that most stocks and currencies.

I can tell you this though. I do recall reading that major banks and financial institutions have been buying Bitcoins in bulk. Take that as you will.

The other con is a lack of gambling options. The big USA poker sites do not accept Bitcoins currently. This is expected to change in the future but for right now you are limited to sites like SealsWithClubs. An odd name to be sure but while it is no Bovada Poker, it is liked and trusted by many in the online poker community. The traffic is a fraction of what you will find elsewhere but if you want hassle-free deposits and payouts 52 weeks per year, it is a good option.

Gambling

Want to increase your gambling bankroll? Here are some management tips

Lots of gamblers are out there whose main aim is to increase their bankroll so that they can get rich over time. It includes various things like winning of the game, selection of the games, selection of casinos, and much more. Plenty of games like blackjack, dominoqq, slot, etc. require tons of bankroll to play. The first step you need to follow is to break down the bankroll into pieces. You should divide the money into equal parts and then invest in games accordingly.

How to increase your bankroll?

  • Add money- You should add plenty of money to your bankroll every week as it is an essential step if you want to increase your bankroll. You should start by adding weekly income to your bank roll. Do not add every penny to it as you should start with some percentage. 
  • Set up a limit- Loss limit should be set in which you will save yourself from spending more money and lose it. Once you reach the limit of loss, you should stop playing and investing immediately. 
  • Learn strategy- This is the way in which instead of losing, you will start gaining profit. Learn some strategies which will help in winning the matches. You can learn it by playing zero investment casino games and learn.
  • Review your bankroll- You should never stop reviewing your bankroll management system to make sure it is working or not. It will help you in determining your goal without wasting any further time. It is also really easy as all you need to check out is the money.
  • Play games you love- Choose only those games which are you know how to play. There will be plenty of them which do not mean you should play any one of them. This will result in increasing of your bankroll.