European Bitcoin Gambling Sites

If you are looking for reliable sites for European bitcoin gambling, we have good news for you. Our team of experts has scoured the vastness of the Internet and meticulously compiled a list of European bitcoin gambling sites that you can trust.

Across Europe, both bitcoin and gambling are legal, so it's only natural that they would converge in the form of bitcoin gambling sites in Europe. The European Union has already taken steps to regulate cryptocurrency, which is essentially a nod to the legitimacy of these digital currencies. This, in turn, should make European bitcoin gambling sites all the more common and popular.

Here are the European bitcoin gaming sites that we consider to be the very best. Some other sites might fit this definition, but we found these to be the most trustworthy and enjoyable of the many we visited and reviewed. They're the ones we prefer to recommend if you want to play with bitcoin in Europe.

So how did we come to this conclusion? Why did we choose these European bitcoin gambling sites over all the others? We're glad you asked, and we're happy to explain!

A gambling site is an online platform, whether it is bitcoin friendly or not. The basic criteria for evaluating sites remain the same, and they come down to a few essential elements that make a site you can trust. You can't compromise on that. It's paramount.

Everywhere you turn lately, it seems that bitcoin is making headlines or causing a stir in some way. The first online industry to "go bitcoin" was the gambling industry, because if there's one place where risk and trust can come together, it's the world of online gambling. But is there a good reason to use bitcoin for online gambling? Or, as some might put it, isn't bitcoin itself a bit of a gamble?

Bitcoin offers certain advantages along with a number of disadvantages. Let us examine both aspects so that we can consider the issue in a balanced manner. We will start with the pros, in this section, and then take a look at the cons in the next section.

Did you know that the unbanked were the target audience for the creation of bitcoin? That is, the individual (or individuals) who created bitcoin envisioned a world in which anyone could send this digital currency to anyone else, anywhere in the world, at any time, without the need for an institutional permission slip.

This is why bitcoin is called permissionless. To use it, all you have to do is download an application (wallet), and anyone can send you bitcoin to that specific address. From there, you can do whatever you want with it.

Creating an exchange address and purchasing bitcoin requires an initial outlay of hard currency, but once you have the coins, you can use them for any number of purposes at no additional cost. This is especially appealing to the subset of gamblers who live in restrictive jurisdictions and may not otherwise have access to online betting.

It is important to abide by the law, so we are not recommending that you use Bitcoin to gamble where it is illegal; we certainly do not want you to run afoul of regulations. What we are saying is that in some places where regulations make it hard to, let's say, live your life in a semi-normal way, because gambling is part of a semi-normal way of life for some people, Bitcoin can be and is used by many people to pay for their semi-normal lives.

Anyone who has been using bitcoin for a while will remember a time when the fees got crazy. They got so high that it was basically useless as a currency. Fortunately, that's been fixed, and it's now possible to move thousands of dollars worth of Bitcoin around for a few pennies.

This is a huge advantage, especially when you consider the absurd fees many banks charge for gambling transactions. We've seen people lose 5% of their money just to withdraw it, and that's on top of the losses they incur while playing.

European bitcoin gambling sites may occasionally charge withdrawal fees, but we elevate those that don't in our ranking table. If fees are charged for deposits or withdrawals, we will make this clear in the reviews in the table above.

However, you can say goodbye to those annoying credit card and bank fees as long as you play on a site with no extra fees. These days, bitcoin miner fees are tiny, and they are getting lower as crypto technology improves.

People are not privy to the personal information that is being collected about them. Even when individuals complain about a lack of privacy, many continue to post detailed personal information on social media platforms that can be accessed by anyone and used for any purpose. By consent, this information becomes public. It's only human to want to share your experiences and thoughts with others, and in the digital age, there's no shortage of channels to do so. But to what end? And what happens to those experiences and thoughts once they've been shared?

What you don't hear as much in the media is that many people are working to ensure privacy. Using bitcoin is one way to ensure that your financial life remains private and your anonymity is preserved.

Although it is a common misconception that bitcoin offers complete anonymity, it can actually provide a high level of confidentiality. This is largely due to the way bitcoin wallets are created and used. When a person obtains a bitcoin wallet, they are not required to provide any personal information. In fact, the only thing a person really needs to use a bitcoin wallet is access to a computer or mobile device.

When you first buy bitcoin, it shows up on your bank statement. But once your money is on the bitcoin blockchain, you can send it anywhere and it's nobody's business.

Since banks are notoriously dubious and suspicious of gamblers, this is certainly a plus when it comes to applying for a mortgage or loan. It also prevents the gambler's financial information from falling into the hands of nosy marketing companies who would then spam the gambler with all sorts of gambling-related offers.

For the privacy-minded, European Bitcoin gambling sites are a no-brainer!

European bitcoin gambling sites tend to offer much higher bonuses than non-bitcoin gambling sites, even in amounts that could be considered absurd. They offer a plethora of ways to get free money into your account. Here are just a few of the more insane examples we found. For example, some sites offer deposit matches as high as 1BTC, which is an amazing amount of money.

Why are they doing this? These gambling sites know that bitcoin is the future, and that whatever they win from you today is likely to be worth a lot more in a few years. So they're willing to take extra risks to try to win your bitcoin today for a bigger payout tomorrow.

If you're a bonus hunter at gambling sites, you'll undoubtedly be attracted to what the sites in Europe that allow gambling with Bitcoin have to offer. Just make sure you don't get in over your head!

Many bitcoin purists would probably love nothing more than to give me a piece of their minds for making such a statement, but it remains true. What is also true is that the price of bitcoin moves up and down like no other currency in the world - and not in the direction you might prefer.

Of course, this can be a bad thing. It would be very unlucky to win the lottery for bitcoin, only to see its value plummet just before you would have spent it or cashed it out. That does happen from time to time, and it's worth keeping in mind. That said, it's also very possible for bitcoin to skyrocket in price without much warning.

If you win a substantial amount of bitcoin and want to take on a little extra risk, consider doing nothing and simply holding the currency in the expectation that its price will inevitably rise. If you look at the long-term price chart, the price of bitcoin has been on a steady rise since its inception in 2009.

Who can say? If the most outrageous bitcoin price predictions come true, a five bitcoin jackpot won today could be worth 100 times as much in just a few years.

Any honest bank manager will admit that there are skilled hackers out there on the Internet capable of breaching the most secure computer systems, and that these hackers are an almost insurmountable problem.

However, since its inception, bitcoin has experienced only a small number of security incidents. Some of them may be considered pranks, but no one has ever really undermined the blockchain and walked away with a large sum of money. A handful of exchanges have lost large amounts of bitcoin after being hacked, but exposing a truly serious vulnerability in the system is not on the hackers' agenda.

Keeping your bitcoins in a secure wallet and never sharing your secret wallet keys makes them nearly impossible to steal. Nothing is perfect, but bitcoin wallets are as close to perfect security as any digital product will ever be.

Your money is much better protected in bitcoin than in a bank account. Considering the state of credit card fraud, it's hard to see how banking could be safer. Even though some people have been able to get private keys to bitcoin wallets, the overall situation with incident reports and security seems to favor bitcoin.

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In order to ensure a balanced coverage of European bitcoin gambling sites, we need to inform you about the reasons why some players choose not to use bitcoin for online gambling. They have their reasons, and they're not all unfounded. They range from concerns about regulatory oversight to the value of communication with support staff. Let's discuss them, shall we?

Undoubtedly, bitcoin wallet addresses are not as attractive as neat bank account numbers. They're a jumble of letters and numbers, and when a bitcoin newbie looks at one, it's often as if they're looking at the secret of the universe written large.

However, people who invest the time to understand how bitcoin works, the newly coined terms and vocabulary, and the methods of sending and receiving the cryptocurrency rarely abandon it. Once you get past the initial learning curve and understand its basic principles, it's a fairly straightforward process. But, to be honest, there's a threshold you have to cross.

Of course, you could view this scenario as a challenge that presents an opportunity to grow and learn something new, rather than a situation that deserves a retreating, demoralized response. But the perspective you adopt largely determines which of these two paths you take.

Although many European bitcoin gambling sites have telephone helplines and support services, bitcoin itself does not. Since no one owns bitcoin or the network it runs on, it's absurd to think of a helpline. Who would you call to get to the heart of a decentralized network?

You run the risk of sending bitcoin to the wrong address, and if you do, you are largely on your own. You cannot call a credit card customer service representative to fix the problem. You have to fix it yourself. And you really have to hope that the recipient sends the coins back.

The ideal method to eliminate this negative aspect is to be careful in the first place. If you copy and paste bitcoin wallet addresses directly and keep your wallet keys private, you can avoid these annoying predicaments.

Pause; did you just experience déjà vu? No, you didn't - this is a well-worn path we're on. But it's important to understand both sides of the bitcoin story. And for some, this is the downside. Bitcoin currently has no purpose. That's not a comment on the currency itself, it's a comment on its holder. And right now, holding bitcoin is a gamble.

If you are not aware, bitcoin has been known to crash, and apparently in ways that many newcomers to the space are not prepared for. These flash crashes can result in a drop of 10% or more in a matter of days, and bitcoin has been known to drop nearly 90% in a single year.

These are the risks you need to understand before betting on European bitcoin gambling sites. While there is the potential for bitcoin to explode in value and make you a wealthy individual, there is also the potential for it to go south. The nature of the beast is such that you can't have the upside without having the downside. And to pretend otherwise is to fool yourself!

At this point, you know just about everything there is to know about the upsides and downsides of using bitcoin to bet online. You also know what criteria we use to select and approve European bitcoin gambling sites. We're now ready to reveal the names of the sites we've come up with.

The only thing left to do is to read some of the reviews written by experts and make a decision about which site is right for you. Take your time. Read several reviews to get a sense of each site's strengths and weaknesses, and check out the sites that interest you.

It is even possible to sign up at a number of sites dedicated to bitcoin gambling in Europe and try them all out on your own. There's no rule that says you can't have one account after another if you want, so go ahead and try a bunch of them.

Whatever you decide, we wish you great success. If you bring down the house at your event and make a bitcoin fortune, keep us in mind and come back, if only to visit, and let us know how you did it.