Over the years, online gambling has faced strict regulations. Unfortunately, these restrictions have prevented many players from participating in online betting due to three unfriendly policies the U.S. government and other regulatory bodies put in place.
Fortunately, the advent of cryptocurrencies has made a big difference in gambling. Now, players can make deposits using blockchain-based currency like Bitcoin.In addition to being more private, cryptocurrencies are decentralized. It means no third party has access to your coins, just you.
Is Bitcoin and Crypto Betting Legal in Pennsylvania State?
Pennsylvania is a liberal state when it comes to online gambling. Online gambling was legalized in Pennsylvania through the Expanded Gaming Act in 2017, and this act extends to Bitcoin and crypto online gambling. So, Bitcoin and crypto betting are legal in the state. As a result of online gambling being legal in Pennsylvania, there are several casinos, including Bitcoin casinos, which are becoming quite popular in the state.
The Current State Regulation Regarding Crypto Gambling
In 2014, Pennsylvania’s Department of Banking and Securities (DoBS) mentioned that digital currencies like Bitcoin” are not characterized as “money” and therefore transacting with them does not require a license.
Pennsylvania’s Money Transmission Business Law does not include “digital currencies” in its documentation.
As a result of the state not having laws regulating blockchain or cryptocurrencies, there aren’t any laws regulating the use of crypto for gambling.
Top Crypto Casinos in PA State
There is fierce competition among online casinos, and crypto casinos are slowly carving their niche in the industry. As a result of how fast the gambling sector is growing, there are several crypto casinos available to Pennsylvanians. Selecting the best can be quite tasking which is why we will be reviewing some of the crypto casinos below, so let’s get right to it.
Higher Sports Betting Odds Compared To Competitors
Simple, Modern Interface
Customer Service Is Quite Efficient And Responsive;
Live Chat For Instant Response
Advanced UI/UX, Award-Winning Bitcoin Casino
Excellent customer support
Players Can Play Games Without Wagering Real Money
Regulated under Curacao gambling laws
Features casino games and sportsbooks
Professional and friendly customer support
Mobile App For Android And IOS Players
Supports 25 cryptocurrencies As Payment Options.
Good Odds For Sports Betting
Cloudbet is recognized as one of the first major online casinos to support crypto betting. The online casino and sportsbook were created in 2013 and are currently known as one of the biggest online betting sites.
Cloudbet accepts payments in Bitcoin, Bitcoin Cash, Ethereum, and Tether in addition to fiat currencies. The online casino is regulated and licensed by the Curacao eGambling authorities and the Montenegro eGambling Commission.
The online casino offers quite an attractive welcome bonus. New players are eligible for a 100% deposit bonus of up to 5BTC. Punters also access various casino games that cover slot machines, table games, and live dealer games.
Next on our list is Bitstarz, which is an award-winning Bitcoin casino. The gambling platform accepts payment in cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Tether, and Litecoin, in addition to fiat currencies.
Bitstarz is known for high-quality games, which are probably fair. The online casino currently boasts over 2000 games, including a live casino. However, Bitstarz operates just a casino, so sports bettors will not find the standard betting markets.
But for casino players and slot enthusiasts, Bitstarz is a great gambling destination. For example, players can count on the welcome bonus, and other promotional offers are attractive. Also, Bitstarz supports over 20 payment methods, so punters have several withdrawal options at their disposal.
FortuneJack is another famous crypto casino. The online gambling platform, which operates as a casino and a sports betting site, offers punters several betting options. Like the above-listed casinos, Fortune Jack was established in 2014 and registered under the Curacao gambling authority.
The online casino accepts Bitcoin Cash, Litecoin, Dogecoin, Ethereum, Zcash, TRON, Dash, and Monero. In addition, the platform has an extensive list of high-quality casino games and several sports betting markets.
In addition to an attractive welcome bonus and other promotional offers, Fortune Jack runs a loyalty program that offers cash back rewards of up to 100%, free spins reload, and milestone bonuses, among others.
Established in 2016, 1xBit is known as a reputable casino. The online bookmaker and casino currently support over 20 different cryptocurrencies, including Bitcoin, Litecoin, Dogecoin, Dash, Ethereum, Monero, ZCash, Bytecoin, Tron, Verge, Ripple, Bitshares, and many others.
1xBit is licensed and regulated and offers new players one of the most attractive welcome bonuses on an online gambling site. New players signing up for the online casino are eligible for a four-package welcome bonus. The first bonus is 100%, the second is 50%, while the third and fourth are 100% and 50%, respectively.
1xBit is also known for having one of the highest numbers of payment options, with over 24 cryptocurrencies accepted on the online gambling site, including the less famous coins. The betting site also caters to the needs of sports fans by providing an extensive list of sports betting markets.
In addition to its sportsbook, 1xBit has thousands of casino games from some of the best software developers, including AWG, Evolution Gaming, and RTG slots.