Bitcoin in a gambling cashier

Bitcoin is the original cryptocurrency and the one most often listed in international casino cashiers. It removes banks from the payment, and with them some of the protections banks provide. If the Woos cashier shows a Bitcoin option, these are the points to understand before using it.

Note: the set of methods and the limits depend on the operator and your account type — always check the cashier. This page explains what to read, not how to pay any specific operator.

Confirmations and network fees

A Bitcoin payment is credited after the network confirms it, and the number of confirmations required is set by the operator. Network fees vary with traffic: at busy times a small deposit can carry a fee that is large in proportion. The fee is paid to the network, not to the casino, and it is not refunded.

Addresses cannot be undone

Copy the deposit address from the cashier; never type it by hand and never reuse an old address without checking it is still valid. A transaction sent to a wrong address cannot be reversed by anyone.

Price risk between deposit and withdrawal

If the account balance is kept in another currency, your Bitcoin is converted on the way in and again on the way out, each time at the rate the operator applies. If the balance is kept in Bitcoin, its value moves with the market while you play. For a table player who thinks of a bankroll in fixed units, that is an extra variable: a session can be break-even at the table and still lose value overall.

The legal side

One point applies to every method. Whether online gambling is legal for you depends on the law where you live, not on the payment method. Some countries require banks and payment companies to block transactions with unlicensed gambling sites. If your bank declines a payment, ask it why; do not route the money through someone else's account or a foreign service to get around a block.

Crypto does not change whether gambling is allowed where you live. We do not present it as a way around payment blocks.

Records and tax

Keep the transaction IDs of deposits and withdrawals. Tax treatment of crypto and of gambling winnings differs by country; ask a local adviser rather than relying on general claims. The crypto overview covers stablecoins and other coins.

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Frequently asked questions

Why did my Bitcoin deposit take a while?
It is credited after the number of network confirmations the operator requires, which depends on network traffic.
Can a wrong Bitcoin transaction be reversed?
No. Always copy the address from the cashier and check it before sending.
Does paying in Bitcoin avoid identity checks?
No. Operators usually verify identity before approving withdrawals, whatever the method.

Other payment methods

Visit the operator's site