Bitcoin Bingo Sites – Listing Reputable Online Bingo Sites That Accept Bitcoin
Different types of bingo are played in many different parts of the world, but when you play online, those barriers break down in a major way. What’s your left with are the common problems that all online bingo players face like how to make deposits and withdrawals, how to keep your personal information as safe as possible and how to pick an Internet bingo room that will give you the best options and best security. Along these lines, we have a number of suggestions on how players can use bitcoin for their transactions to make their experience better all around.
We are still researching which bingo sites accept bitcoin. We’ve found a couple, but we haven’t fully vetted them yet and won’t list them until we are 100% sure they are trusted and reputable sites. Until we get this section completed, check out our list of reputable bitcoin gambling sites.
What Kinds of Online Bitcoin Bingo Are Available?
One of the things about bingo is that, much like poker, there are several different variations of the game in spite of the fact that the core concepts remain the same. Bingo is typically categorized based on the number of balls that are drawn from. The two most popular types of online bingo are 75-ball and 90-ball, being popular in North America and Europe, respectively. With that having been said, 80-ball and 30-ball (speed bingo) are also available at a lot of online bingo rooms that accept bitcoin. If you have a favorite type that you prefer, then you can just stick to that as much as you want. However, if you decide to branch out and try something new, you’ll have a variety of stakes from penny games to high roller games to choose from.
The key thing to understand here is that your deposit method being bitcoin doesn’t really change the availability of the online bingo games that you can play. Some people have a misconception that you’ll only have a very narrow selection of bingo options if you play with bitcoin, but that’s simply not the case.
Do Bitcoin Bingo Players Get Good Promotions?
Bonuses, free chips and other types of promotional offers are given to players as an incentive to sign up and play bingo with a particular room. This is one of the major ways in which online bingo sites compete with each other, and it’s natural to wonder if bitcoin players get the same kind of deals. Generally speaking, bitcoin players will actually get better offers, on average, then those who play with more traditional currencies. To understand why that’s the case, all you have to do is look at the simple economics of depositing and playing with bitcoin.
Many players don’t realize this, but when you make a deposit with an online bingo room, there are fees that they have to pay for that transaction. The higher the fees, the less room they have to offer players bonuses, promotions, etc. The fees they have to pay for bitcoin transactions are much lower than more traditional banking options like electronic wallets and credit cards, so they’re able to pass on the savings to online bingo players in the form of better promotions. These improved bitcoin bingo bonuses and other deals give players an incentive to use bitcoin over the other options, and it turns into a win-win situation for the player and the bingo room.
How Do You Know You Can Trust a Bitcoin Bingo Room?
Because every bingo room on the Internet is in the business of self-promotion, it’s probably not the most objective thing to just take them at their word for everything they say about how trustworthy they are. Instead, there are plenty of objective and reliable indicators that you can use to judge whether or not you’ll be able to trust a bingo site. We have used these indicators in deciding which bitcoin bingo rooms to suggest for players because we only want to steer people towards the most reliable, trustworthy sites running today so that you’ll have peace of mind in knowing that you can just sit back and enjoy the games instead of worrying about if you’re going to get a payout when you win.
The first thing we look at is the license that the bingo room has. Not all licenses are equal, and some jurisdictions are little more than a “rubber stamp” when it comes to handling out licenses like candy. If a bingo site is licensed somewhere like Curacao, Malta, Antigua, Kahnawake or the United Kingdom, then you’re virtually guaranteed of a good experience because of how pro-active those jurisdictions are and how they have a zero-tolerance policy for any shady behavior. Along with where the license is from, we also look at how long they have held that license and the standing of their license during that time.
Second, we look at their history of cash outs, especially with bitcoin depositors. We want to know if players have had troubles with getting their withdrawals at any point in the history of the bingo room, and if so, what the issue was. There are plenty of legitimate reasons why a player might not get their withdrawal, especially if there was a problem with a payment processor that caused delays. This type of issue is outside of the hands of the bingo site in question, but they’ll often take measures of good faith for players who find themselves in this type of position, like giving them free chips.
Why Do US Players Prefer Bitcoin Bingo Sites?
If you’re an American player, then you’re right in the middle of one of the most tricky times to be playing online bingo online. The reason for this is that misguided banking laws like the Unlawful Internet Gambling Enforcement Act of 2006 have put you in a position where many banks have decided not to process certain online gambling transactions. This isn’t because playing is illegal, but it’s because they could be liable for damages if it turned out online bingo was found illegal under some obscure reading of some random state law. Along these lines, they have to protect themselves by avoiding any type of online gambling transactions in many areas, and this includes playing bingo.
All of this is going on while a number of states have already regulated the industry and created a licensing process for bingo sites online. Plenty of other states have legislation in the works to do the same thing, so the federal government doesn’t really have any incentive to revise the UIGEA to make things clearer for the banks. Instead, they’re just going to let the states regulate the industry on an individual basis until the UIGEA is effectively obsolete for the banks overall.
Unfortunately, this creates a kind of limbo state of affairs for bingo players who want to get in on the action on the Internet, and that makes it difficult to deposit with some of the more traditional banking methods like electronic wallets and credit cards. This is where bitcoin comes in. Playing bitcoin bingo is simple and easy, and it takes the same small amount of time to get set up as it would with an electronic wallet or credit card in most areas. This is why players from the US really love bitcoin for online bingo play, and it’s why bitcoin has been one of the fastest-growing online bingo banking methods in the world for quite a while.