The Cachet of Bitcoin at Bodog Casino
Bitcoin cryptocurrency is everywhere. It’s on the stock market, in ATMs, and used to fund the bankrolls of shrewd online casino players at Bodog. Ever since its inception in 2009, bitcoin has gone from being unheard of to fairly mainstream—at least as far as cryptocurrencies go. Among its many beneficial uses, bitcoin is paving the way for a better online casino experience, and nowhere is that more evident than right here at Bodog.
If you’re unfamiliar with bitcoin cryptocurrency, help is here. In this article, we’ll go over the many reasons why using bitcoin cryptocurrency makes for a great experience at Bodog’s bitcoin casino, including in-depth explanations and a guide on our various bitcoin promotions and bitcoin casino bonus. We’ll also explain how it improves the turnaround times for withdrawals and deposits, making sure that you get cash-in-hand faster than ever before. Don’t put off learning about this innovative e-currency because the very best promotions are reserved for those who are bold enough to be the early bitcoin adopters.
Bitcoin Deposits are Guaranteed
One of the biggest differences between depositing online with bitcoin vs. a credit card is the success rate of the deposit. Many credit cards have restrictions placed on them by the financial institution that makes it impossible or very difficult to use in online casinos, and there’s no way to know if your card has a restriction until you try to make the initial deposit. This could lead to a delay of play, which nobody wants—especially when you’re feeling lucky.
With bitcoin, however, there’s no fear of a failed deposit. The success rate is 100%, so every single person to deposit with it has had the funds show up in their account promptly. There is simply a much greater level of flexibility with cryptocurrencies compared with credit cards. Deposit with bitcoin wallet and it’s guaranteed to make it to your casino bankroll every time.
Low Fees Means More Play
There’s nothing worse than having a pre-determined amount of money dedicated for a gaming session only to have a percentage of it eaten away by transaction fees. A lot of people don’t think about the various fees associated with using their credit cards online, such as currency exchange fees, cash advance fees and more. Unfortunately, that’s often the reality with traditional banking transactions, which seem to have a fee for everything.
While it’s impossible to eliminate fees altogether, Bitcoin does a good job of minimizing them, as the bitcoin fee is much smaller than what you’d normally find with credit card transactions. The fee attached to a bitcoin transaction isn’t random either; 100% of it goes towards the bitcoin miner who facilitates the transaction on the blockchain. We don’t collect any money on behalf of bitcoin transactions.
Bitcoin Has the Most Lucrative Bonuses
Bitcoin is the best currency for us, so we want to make sure it’s the best for you, too. That’s why we reward our players for funding their bankrolls with it with bonuses and promotions. Most of the time when we offer a bonus or promotion, there are two versions: the standard one and the bitcoin one. Naturally, the bitcoin version of the bonus always offers more bang for your buck.
Let’s take our casino welcome bonus as an example. This bonus gets new players up and running with a 100% match bonus for up to $600 in casino funds and up to $200 in sportsbook money. When you deposit with bitcoin, however, you get a bigger match bonus of 150% for up to $900 in the casino. The sportsbook match bonus with bitcoin is the same size as the standard one but has a bigger cap of up to $300 in bonus money to be used in the sportsbook. If you were to start off with $500, your bankroll would jump to a total of $1,000 with a non-bitcoin casino deposit, and $1,250 with bitcoin. That’s a big difference that could go a long way to padding your bankroll.
Air-Tight Security
One of the most common questions we get regarding bitcoin is about security, and that’s understandable; you’re sending and receiving money in a completely new way, so you want to be confident in the system. Rest assured that when you use bitcoin, there are no security threats to your account at Bodog or your digital wallet. We provide you with a personal address to use for sending and receiving funds, so there’s no guessing how to get the money from Point A to Point B.
The bitcoin network itself, referred to as the blockchain, is also secure and public. Every transaction is recorded on the ledger by a bitcoin miner. When you look at the transactions on the blockchain wallet, you’ll see a public key that includes the person’s bitcoin address, and a private key that only the owner of the public key would recognize. A person’s digital signature is the combination of these two keys and is connected with the transaction on the blockchain, so no personal information can be stolen.
Every Bodog Casino Game at your Disposal
Playing with bitcoin gives you access to all of our casino games—be it on your computer or smartphone. It’s no different from when you play with regular funds. Whether your preference is for table games, slots, video poker, or specialty games like bingo and keno, they’re all available for real money play when you bet with bitcoin currency. Online casino games are not dependent on a particular currency.
Withdrawals are Fast and Efficient
We’ve touched upon a lot of benefits that reward players for depositing with Bitcoin at Bodog Casino, but there are also a lot of perks for using it as a withdrawal method. Beyond bitcoin, the standard withdrawal method is to have a cheque sent out via courier, or, in certain scenarios, to have a direct bank transfer completed. The former takes approximately 10 to 15 business days for you to receive your cheque once the withdrawal is authorized. As for bank transfers, you can expect to receive them within three to five business days.
There’s no getting around the fact that waiting several business days (or multiple weeks) to get your casino winnings in hand can really take the fun out of snagging a jackpot. When we win a big payout, we want to celebrate immediately. Bitcoin cryptocurrency has allowed us to be able to process a withdrawal far faster than the standard methods; when you deposit with Bitcoin or Bitcoin Cash, the turnaround time can be as low as 15 minutes, which is a huge improvement from traditional withdrawal methods. There is also flexibility in regards to how you deposit vs. withdraw. For example, you can deposit from your bitcoin wallet and withdraw in Canadian dollars and vice versa. As soon as you make the deposit, the bitcoin are turned into CAD in your Bodog account.
Bitcoin is making online casino play even more convenient than it already was. With quick turnarounds for getting paid and the confidence in knowing that deposits are 100% guaranteed, the financial side of online gaming is finally becoming comparable to the brick-and-mortar experience. Find out just how far it’s come by making your first bitcoin deposit today—and don’t forget about the first-time bitcoin deposit bonus.