playtech, microgaming etc. are available to U.S. players

[Aaron21873]

They even claim instant payout no Documents required open to USA players. Curious if anyone
here has tried these new alternative bitcoin casinos' yet?

 

[dionysus]

Not American, but I'd stay pretty clear of any casino not requiring documents. If they screw you over, who do you turn to if they aren't following any sort of regulations?

 

[vinylweatherman]

The no documents required is down to them using Bitcoin, however the software (Microgaming, Playtech, etc) is very probably fake pirated versions, not the genuine article. The games therefore may not be fair.

I doubt the likes of Microgaming and Playtech would allow their software to be used by US facing Bitcoin casinos given the efforts they have gone to in presenting a clean sheet to US regulators so that they might get a slice of the action in a regulated US market.

 

[Aaron21873]

From what I have read ( meaning I am not an expert just summarizing what I have read ) US law the way it is written at the moment does not make it a crime to use bitcoin to gamble online as it is not considered a United States currency. But not sure I buy that.... After all if that was the case we could legally gamble by simply using foreign currency. The bitcoin craze sure seems to be catching on though as several Vegas casinos are accepting it for wagering purposes now as well.

 

[vinylweatherman]

From what I have read ( meaning I am not an expert just summarizing what I have read ) US law the way it is written at the moment does not make it a crime to use bitcoin to gamble online as it is not considered a United States currency. But not sure I buy that.... After all if that was the case we could legally gamble by simply using foreign currency. The bitcoin craze sure seems to be catching on though as several Vegas casinos are accepting it for wagering purposes now as well.

Given that some companies are so scared of pissing off potential US regulators that they have pulled out of CANADA, it seems far fetched that Microgaming and Playtech have licenced their games to Bitcoin casinos in the full knowledge that they are taking players from the US.

Those in the US who oppose online gambling don't care about what currency is being used, it's gambling itself they want banned. Some oppose it on conservative Christian moral grounds, whereas others oppose it on capitalist grounds because every dollar (or Bitcoin) wagered online means less money wagered in US land casinos.

 

[Zabier]

The no documents required is down to them using Bitcoin, however the software (Microgaming, Playtech, etc) is very probably fake pirated versions, not the genuine article. The games therefore may not be fair.

I doubt the likes of Microgaming and Playtech would allow their software to be used by US facing Bitcoin casinos given the efforts they have gone to in presenting a clean sheet to US regulators so that they might get a slice of the action in a regulated US market.

Got to be honest, and I've said this before, the whole bitcoin craze makes me uncomfortable. I think until it is properly regulated then it should be kept away from gambling online. I've met a few reps in the bitcoin sector and their sleaziness is probably the root of my concern... that said, I've never met a non-sleazy banker!

 

[cheetahwind]

Actually Playtech and Microgaming is available to play in Bit Coin.

Most recently even the rapid fire games have become available.

YET, here's the yet. Both Playtech and Microgaming have internal blocks put on there servers. To disallow anyone from the US to play the games. So even though it would appear there offering the games to US players to play. Once you try to open and play the games. They'll give you a your country is restricted message.

Yet even if you are playing these software games by being in the US. I really hope your not caught using whatever software that is cheating your location just to allow you to play these games.

 

[vinylweatherman]

Actually Playtech and Microgaming is available to play in Bit Coin.

Most recently even the rapid fire games have become available.

YET, here's the yet. Both Playtech and Microgaming have internal blocks put on there servers. To disallow anyone from the US to play the games. So even though it would appear there offering the games to US players to play. Once you try to open and play the games. They'll give you a your country is restricted message.

Yet even if you are playing these software games by being in the US. I really hope your not caught using whatever software that is cheating your location just to allow you to play these games.

In a normal setting, KYC would catch this, but Bitcoin casinos appear to have no KYC, and do not care who plays, how they play, nor how they obtained their Bitcoins. This would make it easy for anyone to play the Microgaming and Playtech games, and the casino will not be keeping records of players' personal details. Whilst this means that it's much harder to prove that US players have been playing, the FBI have been known to run "sting" operations in order to gather evidence, so all it would take would be for the FBI to pose as regular players and catching out the Bitcoin casinos allowing US players, or failing to take sufficient measures to prevent them from playing. It might not lead to prosecutions, but it might cause problems for Microgaming and Playtech if this ends up being weighed up by future regulators deciding whether they are fit companies to supply games to the regulated US market.

 

[horseplayer]

Actually Playtech and Microgaming is available to play in Bit Coin.

Once you try to open and play the games. They'll give you a your country is restricted message.

Yet even if you are playing these software games by being in the US. I really hope your not caught using whatever software that is cheating your location just to allow you to play these games.

I'm confused, as usual. If they are giving the "country is restricted" message, how are US players able to play?

 

[vinylweatherman]

I'm confused, as usual. If they are giving the "country is restricted" message, how are US players able to play?

Using a proxy. Not a problem if the casino isn't doing any KYC on it's players due to it being Bitcoin, which was designed to be anonymous. It's possible that known proxy services are blocked, but this hasn't stopped Canadians using the US version of Netflix, so it won't stop Americans from using the "Canadian or other versions" of the Bitcoin casinos.

 

[SlotMonster]

Softswiss works very close with Bitcoins, offering casino platform for both crypto currencies and real money. And I can tell you that MGS, Playtech and Net Ent do NOT work with Bitcoins and do not support it as game currency. If the do, these games are most likely the copy of original games.

 

[cheetahwind]

Then explain to me why the games at BitCasino.io load off of gameassist.co.uk which unless if I'm misunderstanding is the main Microgaming server.
Then at your highly recommend Bit Starz there offering NetEnt games with all of the logos and copyrights in tact.

 

[Jasminebed]

Softswiss works very close with Bitcoins, offering casino platform for both crypto currencies and real money. And I can tell you that MGS, Playtech and Net Ent do NOT work with Bitcoins and do not support it as game currency. If the do, these games are most likely the copy of original games.

SlotMonster works in the industry. He is telling you the truth, not the first one, and I echo the sentiments.

The whole setup is dodgy. If you win smallish, possibly you will get paid. The whole bitcoin thing is a gamble in itself.

I personally do not place my faith in places that provide dodgy services. I don['t care who are cheating, taxes, affiliates, software developers, or some other player. Cheaters just cheat everyone they can get away with. If I am gonna pay good money for a chance to win, I want to feel sure I will be paid on the occasions I do cashout.

 

[SlotMonster]

Then explain to me why the games at BitCasino.io load off of gameassist.co.uk which unless if I'm misunderstanding is the main Microgaming server.
Then at your highly recommend Bit Starz there offering NetEnt games with all of the logos and copyrights in tact.

I think you misunderstood what I said. BitstarZ offer both real money and Bitcoin games, including MGS and Net Ent, but you can't play MGS and Net Ent for Bitcoins. if you select Bitcoins as game currency, the games will become unavailable for you.

When I opened bitcasino and asked in chat, they just said that will get back to me and closed the chat

Jane Thu, 06/18/15 06:11:28 am Europe/Madrid
Hello Client. What brings you to Bitcasino?

Client 06:11:37 am
Hello
Can I play MGS games at Bitcins?
Are you there?
hellllooooooo!

Jane 06:15:37 am
Hi there
sorry for the wait
please can you provide your contact email
so we can get back to you we are just making a short update

Client 06:16:12 am
I just entered it when I started the chat
And it was a simple question
yes or no
Can I play MGS games for Bitcoins?

Jane 06:17:03 am
username we will revert to you by email as the live chat is making an update and not available
sorry for any inconvenience

 

[Jasminebed]

Should possibly have edited my post instead of making another one, but Playtech at least does not have a good reputation for ensuring it's operators are fair with players.

It and Microgaming are great platforms, the whole industry comes down to trust.

End of day though, I prefer to choose to err on the side of caution.

I am smart enough to know that when I come to casino what I bring to the table is lost already. Sometimes I am surprised by a win, and I have to admit, I do still hope for that. On the less than even odds I win, I want to be paid.

My gut reaction to anonymous methods of payment, is its also an anonymous way to deny winnings,


I would not bet enough to win more than a grand or two. If you are a low roller, less than $50 in a deposit and mostly less than a buck a bet, how wrong can you go on money you planned on losing anyway?

Us gamblers are a very optimistic lot. While we may hope to win, we should be able to be confident we get paid when we do.

 

[cheetahwind]

Oh I dunno I won a little over $8000 back in late May. I was paid my coins in 30 minutes. Then had all of my coins cashed out in 3 hours with cash in hands.

Beats any other us facing casino at this point. A 4 hour cash out was pretty awesome.

 

[cheetahwind]

Plus I don't think the wagering is done in technical coin. I believe there telling Net Ent and MG 1 mBTC = 0.01 €

That's the way I believe there doing there work around.