Using Bitcoin and Other Cryptocurrencies to Gamble Online

Written by:
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Published on:
May/14/2018

The online betting site of your choice will have you send them the special address/token obtained from the Bitcoin wallet or exchange.

You would select either SEND (to deposit funds) or RECEIVE (to withdraw funds).

It is always recommended to use a Bitcoin wallet in order to ensure complete anonymity.

Some exchanges allow one to connect to their bank accounts.  The Bitcoin can be converted into the currency of your choice then transferred into your account in as little as 24 hours.

- Aaron Goldstein, Gambling911.com

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