Depositing through conventional payment methods using fiat currencies typically requires the involvement of a third party. Not just this, you will also have to give up some of your details to bring the transaction into effect. By implication, your financial transactions, especially deposits cannot be confidential. Thankfully, betting with Bitcoin, Ethereum, Litecoin, Dogecoin, and other cryptocurrencies has ushered in a new era of rising change and comfort in anonymous deposits. You can now deposit at and other crypto operators anonymously. Since crypto makes for direct peer-to-peer financial transactions, only two parties are required to effect payments. Third parties like financial institutions, governments, and other forms of intermediaries are no longer needed. This creates the ideal setup for anonymity and privacy. One of the biggest objectives of blockchain technology is cheaper and instantaneous transactions, whether domestic or cross-border. This is why making withdrawals with crypto is great as they are instant. Of course, this is an exclusive preserve of crypto gambling platforms like Betbit Bitcoin Casino. Indeed, the involvement of a third party is the reason withdrawals at casinos and sportsbooks get delayed. Since blockchain technology eliminates the need for these third parties, this leads to faster payouts. This also means gamblers don’t need to pay fees or commissions to have their withdrawals processed. By implication, this allows you to spend more time exploring the robust assortment of games at the iGaming site instead of waiting pointlessly for payments to be effected. Once you register on a crypto casino or sportsbook, you will most likely be entitled to a bonus package as a new member of the site. This is known as the welcome or signup bonus. For instance, Betbit gives its new players a welcome offer of 100% up to 100 mBTC on their first deposit. Playing with cryptocurrency doesn’t disentitle you from enjoying good bonuses and promotions. At bitcoin operators, there are different categories of bonuses you can claim provided you meet the attached terms and conditions. Some of these bonuses and promotions are:

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Vigorish- Vig - the fee that

Vigorish, or "vig" for short, is a term commonly used in gambling to refer to the fee charged by a bookmaker or casino for accepting a wager. This fee, which is usually a percentage of the amount wagered, is used to ensure that the bookmaker or casino makes a profit, regardless of the outcome of the wager.

In sports betting, the vigorish is typically taken out of the winnings of the winning bets. For example, if a bookmaker is offering odds of 2 to 1 on a particular sporting event, they may take a percentage of the winnings as a vigorish, meaning that the actual odds of the bet are slightly lower than 2 to 1.

In casino games, the vigorish may be built into the odds of the game. For example, in games like blackjack, the house edge is a measure of the vigorish, as it represents the percentage of each bet that the casino can expect to keep over the long term.

In some cases, the vigorish may also be referred to as a "juice," "commission," or "cut." Regardless of the term used, the basic concept is the same: a fee charged by the bookmaker or casino for accepting a wager.

It is important for gamblers to understand the vigorish when placing wagers, as it can impact the overall cost of playing and the potential winnings from a bet. By being aware of the vigorish, gamblers can make more informed decisions about the types of bets they place and the odds they are willing to accept.

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