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Why Should Italians Bet With Bitcoin?

Written by: Elena R

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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Feb 28, 2021


Have you ever known that gambling in Italy has existed for centuries precisely since the ancient Roman Period? This entertaining activity has continued to increase and has become part of everyday life for the Italians. Since gambling is constantly updated, more and more new features and innovations have attracted both the operators and the players. 

As Bitcoin has become extremely popular, this cryptocurrency is a natural fit for online gambling. According to, Italian gamblers prefer BTC for depositing and withdrawing since it is making waves at online gambling sites. We’re going to examine why the Italian gamblers should wager with Bitcoin.

Why Bet with Bitcoin?

The benefits of using Bitcoin on the betting sites are numerous as this option provides new opportunities to the gamblers. Today, this decentralized digital currency supplies many advantages for the players who are in quest of secure and effective banking options. Here are the reasons why the punters in Italy should use Bitcoin when they gamble.

Faster Deposits and Withdrawals

When you fund your betting account, your first requirement is a quicker transaction. With Bitcoin, your deposit process is fast because once you have purchased bitcoin units from a cryptocurrency exchange, depositing into your online casino or sportsbook account is quicker compared to other payment options. It is also the case of cashing-out procedures in which they can get their winnings in a shorter period of time. 

In fact, they don’t need to wait for some days or weeks to get their money as Bitcoin withdrawal is processed in a few minutes. This can, nonetheless, vary depending on the transaction number and operator to operator. But one thing is for sure, this most used cryptocurrency is always much quicker than other online payment solutions.

Secure and Efficient Transactions

Nobody wants to experience a loss when gambling especially during the deposit or withdrawal processes. As the punters always worry about the security of their transaction, they have to search the trustworthy payment methods. With Bitcoin, payment is safe and secure since the Blockchain technology creates a record that cannot be changed. 

The users are, thus, able to check all the transactions. Compared with other electronic payment methods, this world’s largest cryptocurrency provides the most effective deposits and withdrawals procedures which are confirmed within minutes. Since BTC is the safest and the most legal currency, Italian gamblers should choose this option to ensure a secure and efficient gambling experience.

Freedom to Gamble in the Restricted Countries

Bitcoin is widely accepted by gambling websites and if you notice, the best online casinos and betting sites that accept this cryptocurrency are attractive. As a matter of fact, several players often face problems when they want to bet because betting is prohibited in some locations. Aside from this ban, some bettors also meet illegal gambling websites leading to great disappointment to them. 

For this reason, the Italian players are asked to select Bitcoin as their deposit and cashing-out systems. With this well-known payment option, the worry about game prohibitions is over since they are able to access their preferred games when using this digital currency. Bitcoin cannot, actually, be regulated anywhere as it does not operate through the bank service enabling any player to register at their favourite betting platforms.

Anonymous Transactions

The confidentiality of the transactions really affects each gambler. They avoid the payment methods that require them to supply their personal information when they create or use their gambling accounts. Online banking options are always bundled with many regulations including the players’ details. Fortunately, Bitcoin dealings are pseudo-anonymous because the users’ information won’t be disclosed and found anywhere. 

As mentioned above, there is no personal and bank information attached so people won’t know the transactions that happened on the gambling websites. The only information used when receiving Bitcoin is the customers’ addresses to define where bitcoins are allocated and where they are sent. However, these addresses are only used once.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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