The subject of Bitcoin gambling has always been a contentious one for the American gambling community. Recently there has been positive movement in favor of the playing public in the way of the Professional and Amateur Sports Protection Act of 1992 being overturned by the judiciary. However, members of the gambling community are understandably concerned regarding what is legal and are they safe to gamble online (with Bitcoin) under the current laws.
This is the question on the forefront of most American gamblers and visitors to their shores. It is safe to say that gambling on the whole is legal under federal law, however, each state has different restrictions pertaining to their particular legislation.
Sports Betting was previously only allowed in Nevada but with the overturning of PASPA, more states are either actively providing or talking about being active Bitcoin sports betting states. These include:
They were the original challengers of the PASPA legislation. On June 11, 2018 wagering was formalized and made legal in the state. They will also legalize online gambling, with Bitcoin casinos and tracks starting to open their online gaming sites to the paying public.
There was an existing law in New York allowing 4 of their top commercial Casinos to legally practice. This holds true still and we wait to see when casino, sports and Bitcoin betting will be opened up.
This state was at the front of the queue when it came to gain legal single-game betting, besides Nevada. Sports betting can be accessed at the 3 horse race tracks open.
Delaware is also planning to roll out mobile gambling in the very near future.
WV became the 5th state to legalize Sports betting in its state in August 2018. They are the first to provide players in their state with a regulated sports gambling platform.
At the end of July 2018 sports betting became legal in Mississippi covering the NFL, major Baseball leagues, Nascar, Golf and Boxing.
As part of its budget in 2017, RI made sports betting legal within its two casinos. They have no plans at this stage to offer online or Bitcoin gambling.
This is the newest kid on the block and is currently rigorously busy with new regulations regarding online gambling and sports book betting. If they are not live by the end of 2018, it will certainly be by 2019.
The Godfather of Casino state has been around since 1949 as the Casino Capital. While they now have competition, the monopoly is largely theirs. All gambling is legal in Nevada and that includes Bitcoin.
While a lot of casinos will not deal with USA players at all there is a list of casinos that will accept them passively by offering alternative payment methods as, according to the UIGEA (Unlawful, Internet Gambling Enforcement Act of 2006) online gambling is legal just not the acceptance of payment for the activity.
It is time-consuming for payers to sift through the 1000’s of casinos online to find which will accept US players. The Bitcoin Strip has compiled a Top 10 list of USA facing Casinos for your convenience, to easily find a USA accepting casino that allows Bitcoin deposit/withdrawals and an excellent gaming experience.
While the movement toward legal gambling in the USA has made movement forward in leaps and bounds there are still many grey areas that could be risky for players and while there have not been any arrests of gamblers, there is always the possibility of this happening.
There is also the risk of unregulated casinos been shut down or disappearing and taking deposits and other monies with them. To be untraceable.
It is always advised that gamblers follow legal practices when gambling and to always play responsibly.
Casino’s that claim to be anonymous are not always, especially if you are asked to fill in any details. Bitcoin and Ethereum are the most anonymous way of playing online as is characteristic of the anonymous and secure nature of Blockchain.
Playing on unregulated sites always poses a risk to the player, which is mostly where US-based players will be playing. It is always advised to keep a careful watch on how much you are spending and to play responsibly.
Because of the current state of affairs regarding online gambling for USA players, there is a good possibility that the online casino is unregulated. Should they be shut down or go under, you may very well lose your deposit.
However, having said that a lot of these casinos have been around for a long time and that boosts their credibility substantially.
Bitcoin is the most popular of the Cryptocurrencies currently used for online gambling, but they are by no means the only ones.
Ethereum is also very popular and allows for much faster deposit and withdrawal times as well as the benefits of the Smart Contract technology.
Monero focuses on privacy and security, exactly what most gamblers are striving for. This makes it a perfect marriage for the industry.
Bitcoin Cash is seen as an improvement on Bitcoin by some and whilst not as popular as the above currencies, they believe they could be the answer to choke points in crypto gambling.