{"id":4103,"date":"2018-07-09T07:08:07","date_gmt":"2018-07-09T12:08:07","guid":{"rendered":"https:\/\/www.blackjackinfo.com\/?page_id=4103"},"modified":"2018-07-30T02:17:20","modified_gmt":"2018-07-30T07:17:20","slug":"guia-para-comprar-bitcoin-para-apostar-en-linea","status":"publish","type":"page","link":"https:\/\/www.blackjackinfo.com\/es\/guide-to-buying-bitcoin-for-gambling-online\/","title":{"rendered":"Gu\u00eda para comprar Bitcoin para jugar en l\u00ednea"},"content":{"rendered":"This is a complete step by step guide on how to convert your money to Bitcoin for the purposes of gambling online (although the same steps can be taken if you are interested in sports betting or playing poker as well.)\r\n\r\nIt might take a little bit of time to get used to but once you do, it&#8217;ll make playing at an online casino much more hassle free and seamless.\r\n\r\nSo without further ado let&#8217;s dive right in!\r\n<ul>\r\n \t<li><a href=\"#why-would-you-use-bitcoin\">Why would you use Bitcoin?<\/a><\/li>\r\n \t<li><a href=\"#buying-bitcoin-from-an-exchange\">Buying Bitcoin From An Exchange<\/a><\/li>\r\n \t<li><a href=\"#transferring-your-bitcoins-to-a-wallet\">Transferring Your Bitcoins to a Wallet<\/a><\/li>\r\n \t<li><a href=\"#transferring-btc-from-gemini-to-electrum\">Transferring BTC from Gemini to Electrum<\/a><\/li>\r\n \t<li><a href=\"#depositing-to-an-online-casino\">Depositing to an Online Casino<\/a><\/li>\r\n \t<li><a href=\"#withdrawing-your-btc-from-an-online-casino\">Withdrawing Your BTC from an Online Casino<\/a><\/li>\r\n \t<li><a href=\"#converting-your-btc-back-into-fiat-currency\">Converting Your BTC Back Into Fiat Currency<\/a><\/li>\r\n \t<li><a href=\"#conclusion\">Conclusion<\/a><\/li>\r\n<\/ul>\r\n<h2 id=\"why-would-you-use-bitcoin\" class=\"header-block\">Why would you use Bitcoin?<\/h2>\r\nSimply put, using Bitcoin is the <strong>the most efficient and effective<\/strong> way for US players to play at online casinos. If you\u2019re not taking advantage of Bitcoin when transferring money, you are missing out, and here\u2019s why: \r\n<h3>Anonymity and Safety<\/h3>\r\nFor those of you concerned with the <a href=\"https:\/\/www.blackjackinfo.com\/online-blackjack\/is-it-legal-to-play-online-blackjack-in-the-us\/\">ambiguous US laws<\/a>, the anonymous nature of bitcoin provides an extra layer of comfort.\r\n\r\nUnlike regular fiat currency, your personal information is not tied to the transactions you make via Bitcoin so there is no trail that can identify what you purchased.\r\n\r\nFurthermore, bitcoin is not regulated or produced by any government or financial institution so it is impossible to have your funds seized or frozen.\r\n<h3>No Transaction Fees<\/h3>\r\nSince Bitcoin transactions aren\u2019t processed by banks or financial intermediaries, online casinos don\u2019t charge money transfer fees on Bitcoin deposits and withdrawals. By reducing fees and helping you keep more of your funds, Bitcoin solves some of the biggest issues that appear when depositing and withdrawing regular, fiat currencies to and from offshore casinos like <a href=\"https:\/\/www.blackjackinfo.com\/casino\/bovada\/\">Bovada<\/a> and <a href=\"https:\/\/www.blackjackinfo.com\/casino\/betonline\/\">BetOnline<\/a>.\r\n\r\nWhile we do think Bovada is the best online casino option for US residents, they charge a whopping 5.9% fee on all subsequent credit card deposits (the first is free)! Even worse, fees increase to 9.9% when making an Amex deposit!\r\n\r\nWhen compared to the alternatives, depositing to Bovada using Bitcoin blows the competition out of the water; for example <strong>there are absolutely no fees charged by Bovada when depositing funds through Bitcoin<\/strong>.\r\n\r\n<h3>Processing Speeds<\/h3>\r\nAnother avenue where Bitcoin has a dominant advantage over fiat currencies is with payment processing speeds.\r\n\r\nIf you were to request a withdrawal via check from Bovada (since they don&#8217;t do direct bank transfers due to the UIGEA), it could take up to a month to be delivered and even then, there&#8217;s still a possibility your bank won&#8217;t accept it.\r\n\r\nIf you were to withdraw using bitcoin instead the transaction process is extremely fast and can take up to 15 minutes.\r\n<h2 id=\"buying-bitcoin-from-an-exchange\" class=\"header-block\">Buying Bitcoin from an Exchange<\/h2>\r\nNow that you\u2019ve made the decision to reap the rewards of cryptocurrency, it\u2019s time to buy Bitcoin from an online cryptocurrency exchange. There are many places to buy Bitcoin with fiat currency, so your choice ultimately comes down to personal preference. I like to use <a href=\"https:\/\/gemini.com\/\">Gemini<\/a> and go with a nice fix of simplicity and fee minimization, but another easy place to start is <a href=\"https:\/\/www.coinbase.com\/\">Coinbase<\/a>. \r\n\r\nMost all cryptocurrency exchanges charge transaction fees, but they are usually miniscule compared to the amount you\u2019ll save when avoiding the money transfer fees of online casinos.\r\n\r\n<strong>Regarding fees, using Gemini will give you significantly more purchasing power than Coinbase.<\/strong> At face value, the two exchanges appear to have similar rates: \r\n\r\nCoinbase takes a minimum conversion fee of 1.49% when buying through a U.S. bank account, while Gemini charges a maximum fee of 1.00%. However, Coinbase also charges all U.S. users an additional 4% fee on deposited amounts (reflected in a higher BTC\/USD rate), while bank transfers to Gemini are completely free.\r\n\r\nIf you want to go with a quicker, more convenient option, you can pay for Bitcoin using a credit\/debit card on Coinbase and avoid having to link a bank account, but you\u2019ll be hit with a 3.99% conversion fee alongside the Coinbase deposit \u2018base fee\u2019 of 4%. Additionally, you should be aware that some credit card providers may charge additional fees on cryptocurrency purchases. \r\n\r\nFor visualization purposes, these three options and their fee structures are compared below:\r\n\r\n\r\n<div class=\"overflow-scroll\">\r\n<table class=\"data-table\">\r\n<tr><th style=\"width:25%\"><\/th><th class=\"text-center\">Gemini<br>(Bank Transfer)<\/th><th class=\"text-center\">Coinbase<br>(Bank Transfer)<\/th><th class=\"text-center\">Coinbase<br>(Credit\/Debit Card)<\/th><\/tr>\r\n<tr><td>Conversion Fee<\/td><td class=\"text-center green\">1.00%<\/td><td class=\"text-center\">1.49%<\/td><td class=\"text-center red\">3.99%<\/td><\/tr>\r\n<tr><td>Deposit Fee<\/td><td class=\"text-center green\">&#8211;<\/td><td class=\"text-center red\">4.00%<\/td><td class=\"text-center red\">4.00%<\/td><\/tr>\r\n<tr><td width>Approximate Bitcoin Purchasing Power of $100<\/td><td class=\"text-center green\">$99.01<\/td><td class=\"text-center\">$94.74<\/td><td class=\"text-center red\">$92.46<\/td><\/tr>\r\n<\/table>\r\n<\/div>\r\n\r\n\r\nThe user interfaces of both Gemini and Coinbase make them good choices for cryptocurrency novices looking to ease into the world of Bitcoin, but just be aware that the (marginally better) convenience of Coinbase comes with a pretty significant cost. Once you\u2019re more comfortable with the process, you can always begin exploring other options and using other exchanges. The most important thing here is just to get your hands on some Bitcoin at a fair price.  For this reason, I\u2019ll focus on buying and selling Bitcoin with Gemini.\r\n<h3>Depositing Funds into Gemini<\/h3>\r\nTo use Gemini, you will need to create an account, verify your identity, and link a bank account. This took me about a week in late 2017, but Gemini may have become more efficient in their verification process.  However, once you have everything set up and verified, using Gemini will be much quicker for future transactions.\r\n\r\nOnce you\u2019ve registered and your details have been verified, you will need to deposit funds to your account.   \r\n\r\n[TRANSFER FUNDS > Deposit into Exchange > USD (Bank Transfer)]\r\n\r\n<a href=\"\/files\/gemini-deposit-into-exchange.png\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/gemini-deposit-into-exchange-1024x202.png\" alt=\"Gemini deposit into exchange\" width=\"1024\" height=\"202\" class=\"thumbnail aligncenter size-large wp-image-4283\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/gemini-deposit-into-exchange-1024x202.png 1024w, https:\/\/www.blackjackinfo.com\/files\/gemini-deposit-into-exchange-300x59.png 300w, https:\/\/www.blackjackinfo.com\/files\/gemini-deposit-into-exchange-768x151.png 768w, https:\/\/www.blackjackinfo.com\/files\/gemini-deposit-into-exchange-610x120.png 610w, https:\/\/www.blackjackinfo.com\/files\/gemini-deposit-into-exchange.png 1161w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a>\r\n\r\nYou will need to select your funding source (linked bank account) and enter your desired deposit amount in USD. Then, click the \u2018REVIEW DEPOSIT\u2019 button.\r\n\r\n<a href=\"\/files\/gemini-review-deposit.jpg\"><img decoding=\"async\" src=\"\/files\/gemini-review-deposit-1024x449.jpg\" alt=\"Gemini review deposit\" width=\"847\" class=\"thumbnail aligncenter size-large wp-image-4285\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/gemini-review-deposit-1024x449.jpg 1024w, https:\/\/www.blackjackinfo.com\/files\/gemini-review-deposit-300x131.jpg 300w, https:\/\/www.blackjackinfo.com\/files\/gemini-review-deposit-768x337.jpg 768w, https:\/\/www.blackjackinfo.com\/files\/gemini-review-deposit-610x267.jpg 610w, https:\/\/www.blackjackinfo.com\/files\/gemini-review-deposit.jpg 1431w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a>\r\n\r\n\r\nA breakdown of your deposit request will appear. Make sure all information is accurate and press \u2018CONFIRM\u2019 to authorize the USD deposit.\r\n\r\n<a href=\"\/files\/gemini-confirm-deposit.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/gemini-confirm-deposit-300x287.jpg\" alt=\"\" width=\"300\" height=\"287\" class=\"center-block thumbnail aligncenter size-medium wp-image-4287\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/gemini-confirm-deposit-300x287.jpg 300w, https:\/\/www.blackjackinfo.com\/files\/gemini-confirm-deposit-768x735.jpg 768w, https:\/\/www.blackjackinfo.com\/files\/gemini-confirm-deposit-610x584.jpg 610w, https:\/\/www.blackjackinfo.com\/files\/gemini-confirm-deposit.jpg 938w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n\r\nDeposit amounts may be immediately available for trading in Gemini\u2014meaning you are ready to convert USD to BTC.  However, funds will typically take 4-5 business days to clear from your bank account to Gemini, and you won\u2019t be able to withdraw BTC to an off-exchange wallet until this occurs.\r\n\r\nAt this point, I recommend waiting for your funds to clear and then proceeding to purchase Bitcoin or setting a low, limit order that has a chance of being met while you\u2019re waiting. If you\u2019d like to risk the volatile price swings of BTC, however, feel free to exchange USD to BTC, and vice-versa, whenever you please, but be aware that there are 1% conversion fees associated with each trade, and the price of Bitcoin could plummet at any moment.\r\n\r\n<h3>Buying Bitcoin on Gemini<\/h3>\r\nOnce funds clear from your bank account to Gemini, it\u2019s time to convert your funds to BTC.\r\n\r\n[BUY > BTCUSD]\r\n\r\n<a href=\"\/files\/gemini-btcusd.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/gemini-btcusd.jpg\" alt=\"Gemini Buy BTC with USD\" width=\"847\" height=\"158\" class=\"thumbnail aligncenter size-full wp-image-4289\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/gemini-btcusd.jpg 847w, https:\/\/www.blackjackinfo.com\/files\/gemini-btcusd-300x56.jpg 300w, https:\/\/www.blackjackinfo.com\/files\/gemini-btcusd-768x143.jpg 768w, https:\/\/www.blackjackinfo.com\/files\/gemini-btcusd-610x114.jpg 610w\" sizes=\"auto, (max-width: 847px) 100vw, 847px\" \/><\/a>\r\n\r\nOn the right side of the screen, you will see several variables that determine how your buy order is placed. For the optimal mix of simplicity and value, I recommend placing a \u2018Limit\u2019 order, meaning that you will pay no more than the price you enter in the following field. Try choosing a price that is slightly lower than the current going rate, and wait a few minutes for your order to be met.\r\n\r\nIf you\u2019d like to quickly buy at the current market rate, however, you can place a \u2018Market\u2019 order, disregard price and quantity, and simply enter the total amount of USD you wish to convert to BTC; the other fields will be automatically filled in.\r\n\r\nWhen you\u2019re ready, click \u2018BUY\u2019.\r\n\r\n<a href=\"\/files\/gemini-buy-order.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/gemini-buy-order.jpg\" alt=\"Gemini buy order\" width=\"847\" height=\"580\" class=\"thumbnail aligncenter size-full wp-image-4291\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/gemini-buy-order.jpg 847w, https:\/\/www.blackjackinfo.com\/files\/gemini-buy-order-300x205.jpg 300w, https:\/\/www.blackjackinfo.com\/files\/gemini-buy-order-768x526.jpg 768w, https:\/\/www.blackjackinfo.com\/files\/gemini-buy-order-610x418.jpg 610w\" sizes=\"auto, (max-width: 847px) 100vw, 847px\" \/><\/a>\r\n\r\nYou will be prompted to confirm your order. Review all the information, and select \u2018CONFIRM\u2019 if everything looks good.\r\n\r\nIf you scroll down, you can view your order status.\r\n\r\n<a href=\"\/files\/gemini-order-status.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/gemini-order-status.jpg\" alt=\"Gemini order status\" width=\"847\" height=\"182\" class=\"thumbnail aligncenter size-full wp-image-4293\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/gemini-order-status.jpg 847w, https:\/\/www.blackjackinfo.com\/files\/gemini-order-status-300x64.jpg 300w, https:\/\/www.blackjackinfo.com\/files\/gemini-order-status-768x165.jpg 768w, https:\/\/www.blackjackinfo.com\/files\/gemini-order-status-610x131.jpg 610w\" sizes=\"auto, (max-width: 847px) 100vw, 847px\" \/><\/a>\r\n\r\nOnce the order has been filled, you\u2019ll have successfully purchased BTC, and it\u2019s time to transfer your cryptocurrency to an off-exchange wallet. \r\n\r\n<h2 id=\"transferring-your-bitcoins-to-a-wallet\" class=\"header-block\">Transferring Your Bitcoins to a Wallet<\/h2>\r\nSo, you\u2019ve bought Bitcoin, but it\u2019s still not really yours until you get it off the centralized exchange you bought it from. By leaving your cryptocurrency stored on an online exchange like Gemini or Coinbase, you compromise the security of your funds and lack control. With Bitcoin and other cryptocurrencies, holding the private key associated with your wallet is critical, and exchanges don\u2019t afford that access. But wallets do.\r\n\r\nIt\u2019s much safer to transfer Bitcoin directly into your own cryptocurrency wallet before using it to make a casino deposit. For more information on why you shouldn\u2019t leave your Bitcoin in an exchange, <a href=\"https:\/\/hackernoon.com\/why-you-should-never-keep-crypto-tokens-on-an-exchange-wallet-5856fa79026b\">click here<\/a>.\r\n\r\nFor online gamblers in particular, <strong>there is also the chance that your exchange account will be suspended<\/strong>(especially if you use Coinbase) if they detect you are transferring funds to a casino. You might be thinking &#8220;but isn&#8217;t Bitcoin anonymous?!&#8221;. Well not entirely.  If you transfer directly from an identity-linked exchange, like Coinbase or Gemini, they can track whether transactions are going towards an online casino by keeping an eye on the deposit addresses provided.\r\n\r\nHowever if you add the extra step of transferring Bitcoin to your own wallet first, then it is much more anonymous, and no one will be able to tell what products or services you are purchasing with your bitcoin.\r\n<h3>Obtaining a Bitcoin Wallet<\/h3>\r\nA Bitcoin wallet is essentially a software program that gives you total ownership and control of the Bitcoin you just purchased.\r\n\r\nTechnically it doesn&#8217;t store the Bitcoin itself but it stores a private key that is used to identify your ownership of the Bitcoin.\r\n\r\nThere are multiple types of Bitcoin wallets and mainly come in desktop, mobile, web, and hardware-based forms. There are many options but to keep things simple, we recommend using <a href=\"https:\/\/electrum.org\/#home\">Electrum<\/a> which is free, safe and easy to use. If you have any issues with installing Electrum you can visit this guide <a href=\"https:\/\/blog.coingate.com\/2017\/02\/setup-electrum-guide\/\">here<\/a>\r\n<h2 id=\"transferring-btc-from-gemini-to-electrum\" class=\"header-block\">Transferring BTC from Gemini to Electrum<\/h2>\r\nFrom your Electrum wallet, there is a \u2018Receive\u2019 tab, which gives a long value in the \u2018Receiving address\u2019 field. \r\n\r\n<a href=\"\/files\/electrum-receive.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/electrum-receive.jpg\" alt=\"Electrum receive t\" width=\"838\" height=\"347\" class=\"thumbnail block-center aligncenter size-full wp-image-4295\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/electrum-receive.jpg 838w, https:\/\/www.blackjackinfo.com\/files\/electrum-receive-300x124.jpg 300w, https:\/\/www.blackjackinfo.com\/files\/electrum-receive-768x318.jpg 768w, https:\/\/www.blackjackinfo.com\/files\/electrum-receive-610x253.jpg 610w\" sizes=\"auto, (max-width: 838px) 100vw, 838px\" \/><\/a>\r\n\r\nYou&#8217;ll be using this value to send Bitcoin from Gemini to so make sure you copy it EXACTLY otherwise you will end up sending BTC to the wrong person or into no man\u2019s land; <strong>Bitcoin transactions are irreversible.<\/strong>\r\n\r\nNow, renavigate to Gemini to withdraw your BTC from the exchange and send it to your Bitcoin wallet.\r\n\r\n[TRANSFER FUNDS > Withdraw From Exchange > BTC]\r\n\r\n<a href=\"\/files\/gemini-withdraw.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/gemini-withdraw.jpg\" alt=\"Withdraw from Gemini\" width=\"847\" height=\"291\" class=\"thumbnail aligncenter size-full wp-image-4297\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/gemini-withdraw.jpg 847w, https:\/\/www.blackjackinfo.com\/files\/gemini-withdraw-300x103.jpg 300w, https:\/\/www.blackjackinfo.com\/files\/gemini-withdraw-768x264.jpg 768w, https:\/\/www.blackjackinfo.com\/files\/gemini-withdraw-610x210.jpg 610w\" sizes=\"auto, (max-width: 847px) 100vw, 847px\" \/><\/a>\r\n\r\nThen, input the address you just copied into the \u201cDESTINATION ADDRESS\u201d box, and then enter the amount of BTC you want to send\/withdraw. When you\u2019re ready, click the \u2018REVIEW WITHDRAWAL\u2019 button.\r\n\r\n<a href=\"\/files\/gemini-review-withdrawal.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/gemini-review-withdrawal.jpg\" alt=\"Gemini Review Withdrawal\" width=\"847\" height=\"196\" class=\"thumbnail aligncenter size-full wp-image-4299\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/gemini-review-withdrawal.jpg 847w, https:\/\/www.blackjackinfo.com\/files\/gemini-review-withdrawal-300x69.jpg 300w, https:\/\/www.blackjackinfo.com\/files\/gemini-review-withdrawal-768x178.jpg 768w, https:\/\/www.blackjackinfo.com\/files\/gemini-review-withdrawal-610x141.jpg 610w\" sizes=\"auto, (max-width: 847px) 100vw, 847px\" \/><\/a>\r\n\r\nDouble check that your address matches up, then confirm the withdrawal.\r\n\r\n<a href=\"\/files\/gemini-confirm-withdrawal.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/gemini-confirm-withdrawal.jpg\" alt=\"Gemini Confirm Withdrawal\" width=\"575\" height=\"286\" class=\"thumbnail aligncenter size-full wp-image-4301\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/gemini-confirm-withdrawal.jpg 575w, https:\/\/www.blackjackinfo.com\/files\/gemini-confirm-withdrawal-300x149.jpg 300w\" sizes=\"auto, (max-width: 575px) 100vw, 575px\" \/><\/a>\r\n\r\nAfter confirming the transaction, you should now see it appear in your Electrum wallet within minutes.\r\n\r\nIt will probably be unconfirmed on the Bitcoin network, however, meaning that you will have to wait for more Bitcoin network confirmations before having access to the funds.  This process should only take a few minutes. When everything is cleared, you will be notified of the confirmation and ready to deposit your BTC to an online casino.\r\n\r\n<a href=\"\/files\/electrum-unconfirmed.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/electrum-unconfirmed.jpg\" alt=\"Unconfirmed bitcoin electrum\" width=\"842\" height=\"277\" class=\"thumbnail block-center aligncenter size-full wp-image-4303\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/electrum-unconfirmed.jpg 842w, https:\/\/www.blackjackinfo.com\/files\/electrum-unconfirmed-300x99.jpg 300w, https:\/\/www.blackjackinfo.com\/files\/electrum-unconfirmed-768x253.jpg 768w, https:\/\/www.blackjackinfo.com\/files\/electrum-unconfirmed-610x201.jpg 610w\" sizes=\"auto, (max-width: 842px) 100vw, 842px\" \/><\/a>\r\n\r\n<h2 id=\"depositing-to-an-online-casino\" class=\"header-block\">Depositing to an Online Casino<\/h2>\r\nThis is a very similar process to what you just did in the previous step when transferring funds from the exchange to Electrum. However, this time you\u2019re going to transfer from Electrum to the online casino\u2019s wallet address.\r\n\r\nFirst, login to the casino you choose to play at (For the purposes of this tutorial, I am using Bovada, which I recommend for U.S. players). \r\n\r\nAfter you are signed into Bovada, click \u2018DEPOSIT\u2019 from the upper corner of the site.\r\n\r\nSelect \u2018Bitcoin\u2019 as the deposit method, provide your personal information, and then click \u2018SAVE AND CONTINUE\u2019 to verify your identity and activate the payment method.\r\n\r\n<a href=\"\/files\/bovada-deposit-bitcoin.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/bovada-deposit-bitcoin.jpg\" alt=\"Bovada deposit in bitcoin\" width=\"614\" height=\"500\" class=\"thumbnail block-center aligncenter size-full wp-image-4307\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/bovada-deposit-bitcoin.jpg 614w, https:\/\/www.blackjackinfo.com\/files\/bovada-deposit-bitcoin-300x244.jpg 300w, https:\/\/www.blackjackinfo.com\/files\/bovada-deposit-bitcoin-610x497.jpg 610w\" sizes=\"auto, (max-width: 614px) 100vw, 614px\" \/><\/a>\r\n\r\nEntire your desired deposit amount and continue by pressing the \u2018DEPOSIT\u2019 button at the bottom of the form.  \r\n\r\n<a href=\"\/files\/bovada-review-bitcoin-deposit.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/bovada-review-bitcoin-deposit.jpg\" alt=\"Bovada deposit bitcoin\" width=\"894\" height=\"695\" class=\"thumbnail block-center aligncenter size-full wp-image-4305\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/bovada-review-bitcoin-deposit.jpg 894w, https:\/\/www.blackjackinfo.com\/files\/bovada-review-bitcoin-deposit-300x233.jpg 300w, https:\/\/www.blackjackinfo.com\/files\/bovada-review-bitcoin-deposit-768x597.jpg 768w, https:\/\/www.blackjackinfo.com\/files\/bovada-review-bitcoin-deposit-610x474.jpg 610w\" sizes=\"auto, (max-width: 894px) 100vw, 894px\" \/><\/a>\r\n\r\nReview all information before copying the wallet address, which is a public address that you can use to send your BTC to Bovada. Once you\u2019ve copied the address, open your Electrum wallet and navigate to the \u2018Send\u2019 tab.\r\n\r\n<a href=\"\/files\/electrum-send.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/electrum-send.jpg\" alt=\"Send from Electrum to Bovada\" width=\"837\" height=\"365\" class=\"thumbnail block-center aligncenter size-full wp-image-4309\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/electrum-send.jpg 837w, https:\/\/www.blackjackinfo.com\/files\/electrum-send-300x131.jpg 300w, https:\/\/www.blackjackinfo.com\/files\/electrum-send-768x335.jpg 768w, https:\/\/www.blackjackinfo.com\/files\/electrum-send-610x266.jpg 610w\" sizes=\"auto, (max-width: 837px) 100vw, 837px\" \/><\/a>\r\n\r\nPaste the provided wallet address into the \u2018Pay to\u2019 field. Then, input the appropriate amount of BTC and a description if you\u2019d like.  You can also adjust the Bitcoin network transaction fee by moving the slider; transactions with higher fees typically process faster, as these fees are what are used to reward Bitcoin miners for adding transactions to their blocks (and effectively confirming them).\r\n\r\nYou might have to wait a few minutes for enough confirmations to unlock your deposited funds, but funds should be available for use in your Bovada account almost instantaneously.\r\n\r\nWith your casino account now funded via Bitcoin, you are ready to play!\r\n\r\n<div class=\"usst-breakout\"><div class=\"usst-toplist\" data-bnk-list>                        <article class=\"usst-casino\" data-bnk-casino data-bnk-flags=\"fast crypto rated45 pay-2664 pay-2741 pay-2764 pay-3336 pay-2816 pay-3337 pay-2878 pay-3019 pay-3281 pay-3327 sw-389 sw-2291 live-blackjack sw-882 cur-46\" data-bnk-rating=\"4.5\" data-bnk-name=\"Bovada\" data-bnk-payout=\"15\">\n          <span class=\"usst-rank\">1<\/span>\n                           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class=\"usst-pills\"><span class=\"usst-pill\">American Express<\/span><span class=\"usst-pill\">MasterCard<\/span><span class=\"usst-pill\">Visa<\/span><\/span>\n              <\/div>\n                                        <\/div>\n                        <p class=\"usst-eligible na\">Refuses 5 US states \u00b7 terms checked 22 Jul 2026<\/p>\n                                              <\/div>\n          <div class=\"usst-bon\">\n                        <span class=\"head\">100% up to $1,000<\/span>\n            <span class=\"type\">Sign Up Bonus<\/span>\n                                    <a class=\"cta\" href=\"https:\/\/www.blackjackinfo.com\/es\/goto\/ignition-casino-live-dealer\/\" rel=\"nofollow noopener\" target=\"_blank\">Claim Bonus<\/a>\n                                    <a class=\"review\" href=\"https:\/\/www.blackjackinfo.com\/es\/casino\/ignition-casino\/\">Read the full review<\/a>\n          <\/div>\n        <\/article>\n                                <article class=\"usst-casino\" data-bnk-casino data-bnk-flags=\"crypto pay-2764 pay-2816 pay-2838 pay-2861 pay-2897 pay-2999 pay-3035 pay-3052 pay-3238 pay-3313 sw-882 sw-883 live-blackjack cur-46\" data-bnk-rating=\"4.2\" data-bnk-name=\"Vegas Casino Online\" data-bnk-payout=\"\">\n          <span class=\"usst-rank\">3<\/span>\n                                        <div class=\"usst-stage\">\n                        <div class=\"usst-stage-media\" style=\"background-image:url(https:\/\/www.blackjackinfo.com\/files\/vegas-casino-online-homepage.jpg)\"><\/div>\n                                    <div class=\"usst-stage-brand\" aria-hidden=\"true\">\n                                          <a class=\"usst-logochip\" href=\"https:\/\/www.blackjackinfo.com\/es\/goto\/vegas-casino-online-default\/\" tabindex=\"-1\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.blackjackinfo.com\/files\/vegas_casino_online.png\" alt=\"\" loading=\"lazy\"><\/a>\n          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                      <article class=\"usst-casino\" data-bnk-casino data-bnk-flags=\"crypto pay-2741 pay-2764 pay-2765 pay-2769 pay-2897 pay-2999 pay-3164 sw-998 sw-389 sw-1034 sw-1026 sw-1808 sw-903 sw-1009 sw-504 sw-889 sw-888 cur-46\" data-bnk-rating=\"4.2\" data-bnk-name=\"VipSlots Casino\" data-bnk-payout=\"\">\n          <span class=\"usst-rank\">4<\/span>\n                                        <div class=\"usst-stage\">\n                        <div class=\"usst-stage-media\" style=\"background-image:url(https:\/\/www.blackjackinfo.com\/files\/vipslots_casino_homepage_desktop.png)\"><\/div>\n                                    <div class=\"usst-stage-brand\" aria-hidden=\"true\">\n                                          <a class=\"usst-logochip\" href=\"https:\/\/www.blackjackinfo.com\/es\/goto\/vipslots-homepage\/\" tabindex=\"-1\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.blackjackinfo.com\/files\/VipSlots-500x250_dark.svg\" alt=\"\" loading=\"lazy\"><\/a>\n            <\/div>\n                                  <\/div>\n                    <div class=\"usst-det\">\n            <div class=\"usst-titlerow\">\n              <div>\n                <h3><a href=\"https:\/\/www.blackjackinfo.com\/es\/casino\/vipslots-casino\/\">VipSlots Casino<\/a><\/h3>\n                <div class=\"usst-ratingrow\">Rating <b>4.2<\/b>\n                  <span class=\"usst-stars\" aria-hidden=\"true\">&#9733;&#9733;&#9733;&#9733;&#9733;<span class=\"on\" style=\"width:84%\">&#9733;&#9733;&#9733;&#9733;&#9733;<\/span><\/span>\n                <\/div>\n              <\/div>\n            <\/div>\n                                    <ul class=\"usst-pros\">\n                            <li>Offers unique Saucify games<\/li>\n                            <li>Accepts players globally<\/li>\n                            <li>Provides phone support<\/li>\n                          <\/ul>\n                                                      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usst-pill--hidden\">Ethereum<\/span><span class=\"usst-pill usst-pill--hidden\">Litecoin<\/span><span class=\"usst-pill usst-pill--hidden\">MatchPay<\/span><span class=\"usst-pill usst-pill--hidden\">Player Transfer<\/span><span class=\"usst-pill usst-pill--hidden\">Tether<\/span><span class=\"usst-pill usst-pill--hidden\">Venmo<\/span><span class=\"usst-pill usst-pill--hidden\">Zelle<\/span><button type=\"button\" class=\"usst-pill usst-pill--more\">+8 more<\/button><\/span>\n              <\/div>\n                                          <div class=\"usst-mrow\"><span class=\"lbl\">Deposit only<\/span>\n                <span class=\"usst-pills\"><span class=\"usst-pill\">American Express<\/span><span class=\"usst-pill\">MasterCard<\/span><span class=\"usst-pill\">Visa<\/span><\/span>\n              <\/div>\n                                        <\/div>\n                        <p class=\"usst-eligible na\">Refuses 5 US states \u00b7 terms checked 22 Jul 2026<\/p>\n                 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class=\"usst-pill usst-pill--more\">+4 more<\/button><\/span>\n              <\/div>\n                                          <div class=\"usst-mrow\"><span class=\"lbl\">Deposit only<\/span>\n                <span class=\"usst-pills\"><span class=\"usst-pill\">Visa<\/span><\/span>\n              <\/div>\n                                        <\/div>\n                        <p class=\"usst-eligible na\">Refuses 1 US state \u00b7 terms checked 22 Jul 2026<\/p>\n                                              <\/div>\n          <div class=\"usst-bon\">\n                        <span class=\"head\">100 Free Spins<\/span>\n            <span class=\"type\">No Deposit Bonus<\/span>\n                                    <a class=\"cta\" href=\"https:\/\/www.blackjackinfo.com\/es\/goto\/sportsbetting-ag-live-dealer\/\" rel=\"nofollow noopener\" target=\"_blank\">Claim Bonus<\/a>\n                                    <a class=\"review\" href=\"https:\/\/www.blackjackinfo.com\/es\/casino\/sportsbetting-ag\/\">Read the full review<\/a>\n          <\/div>\n        <\/article>\n                                <article class=\"usst-casino\" data-bnk-casino data-bnk-flags=\"pay-2664 pay-2816 pay-3035 pay-3052 sw-882 sw-883 live-blackjack cur-46\" data-bnk-rating=\"3.5\" data-bnk-name=\"Las Vegas USA\" data-bnk-payout=\"\">\n          <span class=\"usst-rank\">12<\/span>\n                                        <div class=\"usst-stage\">\n                        <div class=\"usst-stage-media\" style=\"background-image:url(https:\/\/www.blackjackinfo.com\/files\/las-vegas-usa-homepage.jpg)\"><\/div>\n                                    <div class=\"usst-stage-brand\" aria-hidden=\"true\">\n                                          <a class=\"usst-logochip\" href=\"https:\/\/www.blackjackinfo.com\/es\/goto\/las-vegas-usa\/\" tabindex=\"-1\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.blackjackinfo.com\/files\/las_vegas_usa.png\" alt=\"\" loading=\"lazy\"><\/a>\n            <\/div>\n                                  <\/div>\n                    <div class=\"usst-det\">\n            <div class=\"usst-titlerow\">\n              <div>\n                <h3><a href=\"https:\/\/www.blackjackinfo.com\/es\/casino\/las-vegas-usa\/\">Las Vegas USA<\/a><\/h3>\n                <div class=\"usst-ratingrow\">Rating <b>3.5<\/b>\n                  <span class=\"usst-stars\" aria-hidden=\"true\">&#9733;&#9733;&#9733;&#9733;&#9733;<span class=\"on\" style=\"width:70%\">&#9733;&#9733;&#9733;&#9733;&#9733;<\/span><\/span>\n                <\/div>\n              <\/div>\n            <\/div>\n                                    <ul class=\"usst-pros\">\n                            <li>Mobile Friendly<\/li>\n                            <li>Established Since 1999<\/li>\n                            <li>Low Minimum Deposit<\/li>\n                          <\/ul>\n                                                            <div class=\"usst-methods\">\n                            <div class=\"usst-mrow\"><span class=\"lbl\">Deposit &amp; withdraw<\/span>\n                <span class=\"usst-pills\"><span class=\"usst-pill\">ACH Direct Deposit<\/span><span class=\"usst-pill\">Check<\/span><span class=\"usst-pill\">Money Order<\/span><span class=\"usst-pill\">Neteller<\/span><\/span>\n              <\/div>\n                                          <div class=\"usst-mrow\"><span class=\"lbl\">Deposit only<\/span>\n                <span class=\"usst-pills\"><span class=\"usst-pill\">MasterCard<\/span><span class=\"usst-pill\">Visa<\/span><\/span>\n              <\/div>\n                                        <\/div>\n                        <p class=\"usst-eligible\">No US states blacklisted in its terms \u00b7 checked 22 Jul 2026<\/p>\n                                              <\/div>\n          <div class=\"usst-bon\">\n                        <span class=\"head\">150% up to $3,000<\/span>\n            <span class=\"type\">Sign Up Bonus<\/span>\n                                    <a class=\"cta\" href=\"https:\/\/www.blackjackinfo.com\/es\/goto\/las-vegas-usa\/\" rel=\"nofollow noopener\" target=\"_blank\">Claim Bonus<\/a>\n                                    <button type=\"button\" class=\"usst-code\" data-usst-copy=\"IDBLASVEGAS\">Code <b>IDBLASVEGAS<\/b> &#10064;<\/button>\n                        <a class=\"review\" href=\"https:\/\/www.blackjackinfo.com\/es\/casino\/las-vegas-usa\/\">Read the full review<\/a>\n          <\/div>\n        <\/article>\n                                <article class=\"usst-casino\" data-bnk-casino data-bnk-flags=\"pay-2664 pay-2741 pay-2816 pay-3035 cur-46\" data-bnk-rating=\"3.5\" data-bnk-name=\"Sun Palace Casino\" data-bnk-payout=\"\">\n          <span class=\"usst-rank\">13<\/span>\n                                        <div class=\"usst-stage\">\n                        <div class=\"usst-stage-media\" style=\"background-image:url(https:\/\/www.blackjackinfo.com\/files\/sun-palace-screenshot-2-min.png)\"><\/div>\n                                    <div class=\"usst-stage-brand\" aria-hidden=\"true\">\n                                          <a class=\"usst-logochip\" href=\"https:\/\/www.blackjackinfo.com\/es\/goto\/sun-palace-casino\/\" tabindex=\"-1\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.blackjackinfo.com\/files\/sun_palace.png\" alt=\"\" loading=\"lazy\"><\/a>\n            <\/div>\n                                  <\/div>\n                    <div class=\"usst-det\">\n            <div class=\"usst-titlerow\">\n              <div>\n                <h3><a href=\"https:\/\/www.blackjackinfo.com\/es\/casino\/sun-palace-casino\/\">Sun Palace Casino<\/a><\/h3>\n                <div class=\"usst-ratingrow\">Rating <b>3.5<\/b>\n                  <span class=\"usst-stars\" aria-hidden=\"true\">&#9733;&#9733;&#9733;&#9733;&#9733;<span class=\"on\" style=\"width:70%\">&#9733;&#9733;&#9733;&#9733;&#9733;<\/span><\/span>\n                <\/div>\n              <\/div>\n            <\/div>\n                                    <ul class=\"usst-pros\">\n                            <li>Established since 2002<\/li>\n                            <li>Allows US Players<\/li>\n                            <li>Fantastic 24\/7 Support<\/li>\n                          <\/ul>\n                                                            <div class=\"usst-methods\">\n                            <div class=\"usst-mrow\"><span class=\"lbl\">Deposit &amp; withdraw<\/span>\n                <span class=\"usst-pills\"><span class=\"usst-pill\">ACH Direct Deposit<\/span><span class=\"usst-pill\">Bank transfer<\/span><span class=\"usst-pill\">Check<\/span><span class=\"usst-pill\">Money Order<\/span><\/span>\n              <\/div>\n                                          <div class=\"usst-mrow\"><span class=\"lbl\">Deposit only<\/span>\n                <span class=\"usst-pills\"><span class=\"usst-pill\">American Express<\/span><span class=\"usst-pill\">MasterCard<\/span><span class=\"usst-pill\">Visa<\/span><\/span>\n              <\/div>\n                                        <\/div>\n                        <p class=\"usst-eligible\">No US states blacklisted in its terms \u00b7 checked 22 Jul 2026<\/p>\n                                              <\/div>\n          <div class=\"usst-bon\">\n                        <span class=\"head\">400% up to $10,000<\/span>\n            <span class=\"type\">Sign Up Bonus<\/span>\n                                    <a class=\"cta\" href=\"https:\/\/www.blackjackinfo.com\/es\/goto\/sun-palace-casino\/\" rel=\"nofollow noopener\" target=\"_blank\">Claim Bonus<\/a>\n                                    <a class=\"review\" href=\"https:\/\/www.blackjackinfo.com\/es\/casino\/sun-palace-casino\/\">Read the full review<\/a>\n          <\/div>\n        <\/article>\n        <\/div><\/details><\/div>\r\n<h2 id=\"withdrawing-your-btc-from-an-online-casino\" class=\"header-block\">Withdrawing Your BTC from an Online Casino<\/h2>\r\nWhen it comes time to withdraw your Bitcoin from an online casino, make sure you do it straight back into your Electrum wallet, similar to the way described above.\r\n\r\nRequest a withdrawal from your online casino using \u2018Bitcoin\u2019 as the payment method.  On Bovada, you will be asked to provide a wallet address, your mother\u2019s maiden name (oddly enough, the only security option available), and a withdrawal amount.  \r\n\r\nIf you are unsure of your wallet address, you can open Electrum, and navigate to the \u2018Receive\u2019 tab. Your wallet address will be shown in the \u2018Receiving address\u2019 field; copy this for later.\r\n\r\nBack at the online casino, enter all appropriate information, using your Electrum wallet address as the withdrawal destination.  \r\n\r\n<strong>Do <em>NOT<\/em> withdraw back into your exchange account!<\/strong>\r\n\r\nAs mentioned previously, it\u2019s possible for exchanges to detect withdrawals from casinos, and they can potentially close your account down.\r\n\r\nAs such, you should always be making deposits and withdrawals from your personal Bitcoin wallet.\r\n\r\nWhen you\u2019re ready, request the withdrawal.  You will see confirmation of your request.\r\n\r\n<a href=\"\/files\/bovada-withdraw-success.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"\/files\/bovada-withdraw-success.jpg\" alt=\"Bitcoin withdrawal confirmation from Bovada\" width=\"847\" height=\"530\" class=\"thumbnail aligncenter size-full wp-image-4311\" srcset=\"https:\/\/www.blackjackinfo.com\/files\/bovada-withdraw-success.jpg 847w, https:\/\/www.blackjackinfo.com\/files\/bovada-withdraw-success-300x188.jpg 300w, https:\/\/www.blackjackinfo.com\/files\/bovada-withdraw-success-768x481.jpg 768w, https:\/\/www.blackjackinfo.com\/files\/bovada-withdraw-success-610x382.jpg 610w\" sizes=\"auto, (max-width: 847px) 100vw, 847px\" \/><\/a>\r\n\r\nAt this point, you may need to wait up to 48 hours for Bovada to approve your withdrawal request and actually send BTC to your Electrum wallet address. \r\n\r\nYou should receive a confirmation email when the BTC withdrawal is approved and officially sent by Bovada.  When the time comes you should be able to see that the appropriate amount of BTC has arrived in your wallet.\r\n<h2 id=\"converting-your-btc-back-into-fiat-currency\" class=\"header-block\">Converting Your BTC Back Into Fiat Currency<\/h2>\r\nAt some stage, you may want to convert your Bitcoin back into fiat currency, which involves using an exchange like Gemini or Coinbase, as we have used so far in this guide. Converting BTC back into fiat currency pretty much follows the reverse process of converting fiat currency into BTC.\r\n\r\nYou can easily do this by transferring BTC from your wallet to an exchange, selling BTC for USD, and then transferring USD to your bank account, but be aware that further fees are charged on each transaction: 1% on Gemini, and 1.49% on Coinbase.\r\n\r\nIf you\u2019re looking to reduce fees, you can try registering for <a href=\"https:\/\/pro.coinbase.com\/\">Coinbase Pro<\/a> (which used to be called GDAX), which is a cryptocurrency exchange that allows you to sell Bitcoin to USD on the market without transaction fees.\r\n\r\nAfter you request a USD withdrawal on any exchange, it should take a few days for funds to process and reach your bank account.\r\n\r\n<h2 id=\"conclusion\" class=\"header-block\">Conclusion<\/h2>\r\nSo in summary the process for <strong>depositing to an online casino<\/strong> is:\r\n<strong>Bank Account <i class=\"fa fa-long-arrow-right green\"><\/i> Exchange <i class=\"fa fa-long-arrow-right green\"><\/i> Wallet <i class=\"fa fa-long-arrow-right green\"><\/i> Casino<\/strong>\r\n\r\nTo <strong>withdraw from a casino<\/strong> the process is:\r\n<strong>Casino <i class=\"fa fa-long-arrow-right green\"><\/i> Wallet<\/strong>\r\n\r\nTo <strong>transfer funds back into your bank account<\/strong> the process is:\r\n<strong>Wallet <i class=\"fa fa-long-arrow-right green\"><\/i> Exchange <i class=\"fa fa-long-arrow-right green\"><\/i> Bank Account<\/strong>\r\n\r\nIt\u2019s a finicky process, but hopefully you\u2019ve been able to get through it without any problems. It\u2019s definitely the best way\u2014especially for US players\u2014to get your money in and out of a casino.\r\n\r\nIf you&#8217;re stuck on any of the steps or have suggestions on how we can improve this guide, leave a comment below.\r\n","protected":false},"excerpt":{"rendered":"<p>This is a complete step by step guide on how to convert your money to Bitcoin for the purposes of gambling online (although the same steps can be taken if you are interested in sports betting or playing poker as well.) It might take a little bit of time to get used to but once [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"page-with-sidebar.php","meta":{"_acf_changed":false,"footnotes":""},"tags":[],"class_list":["post-4103","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Guide to Buying Bitcoin for Gambling Online [2018] - Avoid Fees + Faster Payments<\/title>\n<meta name=\"description\" content=\"In this step by step guide, we show the optimal way to gamble online using Bitcoin to avoid any possible fees.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.blackjackinfo.com\/es\/guia-para-comprar-bitcoin-para-apostar-en-linea\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Guide to Buying Bitcoin for Gambling Online [2018] - 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