Online gamblers in the United Kingdom are in a pretty fortunate position. This is because, unlike those living in many other countries – including those across the pond in the USA – the laws and regulations surrounding gambling online are pretty relaxed. The result? Everyone over the age of 18 in the UK is allowed to bet on all varieties of different websites, from Bitcoin casinos, all the way through to Bitcoin sportsbooks.
The anonymity of Bitcoin is usually the main reason why people choose to use this currency for gambling online, however those in the UK don’t need to be anonymous, as they have the freedom to gamble using other payment methods. This doesn’t mean that Bitcoin gambling in the UK is unpopular though – in fact, UK gamblers have embraced the world’s most popular virtual currency, and are some of the most avid Bitcoin gamblers in the world!
The Legality of Bitcoin Gambling in the UK
Want to gamble using Bitcoin and live in the UK? Well, you’re in luck, as there are no laws or regulations that prevent you from using this money for gambling, or for making any other purchase online. Essentially, when it comes to gambling, the government treats the use of Bitcoin in exactly the same way it treats the use of any other currency, including GBP. So, you won’t run foul of any laws if you gamble with Bitcoin in the UK.
It should also be mentioned that taxes aren’t levied on those who manage to win money when gambling online, regardless of whether they use standard currency or Bitcoin. Instead, gambling sites based in the UK pay tax to the government. The only exception to this rule is those classed as professional gamblers – they could find that, as this is their profession, they need to pay income tax on any of their profits.
The UK Gambling Commission Explained
You’ll notice that many casinos and other online gambling sites have the UK Gambling Commission logo displayed, and this is for one very simple reason: any online gambling site accepting UK players must be registered with this official organization. The UK Gambling Commission has been operating since 2007, and is there “to keep crime out of gambling, to ensure that gambling is conducted fairly and openly, and to protect children and vulnerable people”.
The issue facing Bitcoin gamblers is this though: most dedicated Bitcoin gambling sites are not regulated by the UK Gambling Commission, and should therefore technically not accept players from the UK. Most of them still do though. Anyone from the UK playing at a Bitcoin gambling site should check to see if they are registered with the UK Gambling Commission, and then accept the associated risks of playing at the site if they are not registered.
But what are these risks? Well, the most important is the fact that the site won’t have been approved by the UK Gambling Commission, therefore it might not have the features in place to ensure secure and fair online gambling. This is only the case for a small majority of sites though – most still offer a trustworthy place for you to play. Please be assured that any site we recommend will be one that you can trust, and if we have any concerns about a site, we’ll let you know in our review.
Players in the United Kingdom will find that sites not regulated by the UK Gambling Commission, and that offer standard payment methods, will generally not allow them to play. There is no need to be concerned though, as there are many other sites out there, and you can find the best of them in this list of top online gambling sites.
Why UK Gamblers Choose Bitcoin
With online gambling being readily accessible in the UK, you might wonder why UK gamblers decide to use Bitcoin, instead of standard payment methods. The answer comes down to one simple thing though: anonymity. Many online gamblers simply aren’t comfortable with their personal details being stored by a website, and Bitcoin provides the answer. While some Bitcoin online gambling sites will require certain personal details to be disclosed, others are completely anonymous, and don’t even require a name or email when registering. Providing an emergency contact email can be beneficial though, just in case you forget your log-in details for the site.
Best Sites for Bitcoin Gambling in the UK
If you’re looking to find the top place to gamble with Bitcoin, you’re in luck. Why? Because we’ve reviewed a huge number of the Bitcoin gambling sites open to UK players, so you can simply read the reviews, and pick the site that suits you best! All of our reviews have been written in a completely impartial manner, as we are not owned by any online gambling company, so you can be sure that our opinions are our own!
You should also remember this: there is absolutely nothing wrong with signing up with multiple Bitcoin casinos and other gambling sites. In fact, we would encourage you to do so! This is because you’ll then be able to claim multiple welcome bonuses, and you can use these bonuses to test drive the different sites for yourself!
So, why not read through our detailed reviews of Bitcoin gambling sites in the UK today?