Columnist: Betting On U.S. Elections With Bitcoin Is Doable And Not Really Gambling
Betting on U.S. elections is illegal. But according to Brett Arends, a columnist for MarkeWatch, there isn’t much the government can do to stop you from betting with bitcoins. For one thing, bets can be made anonymously on offshore gambling sites. For another, bitcoins are considered property by the Internal Revenue Service, so gambling with bitcoins is like gambling with jelly beans. Arends described how he recently bet on presidential candidate Rand Paul in Monday’s Iowa caucuses. Last week, he placed a bet using bitcoins in downtown Boston’s Chinatown. He bought a bitcoin voucher from....
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Cryptocurrency betting has been on the rise in the past few years and it is currently one of the most popular ways to gamble online. There are a lot of reasons to try it out yourself – better house edges, extra bonuses, and the ability to bet with your favorite cryptocurrency and support the ecosystem. Some of the best Bitcoin casinos also offer unique games like Crash and Plinko, which you won’t find elsewhere. If you’re looking to get started with crypto gambling, the first step is to choose a Bitcoin wallet. But where do you go? In this article, we’ll show you the three best....