In the ever-evolving world of online casinos, finding a platform that truly stands out can be a challenge.

Year in and year out, we do our best to track the most notable developments in the online gambling industry.

Lots of websites offer basic guidelines on how to recognize the most common gambling mistakes and work on prevention. But, none go the extra depth and we’re here to change that.

The biggest downside we’ve noticed on other websites is they make mistakes look like a bad thing.

Yes, in essence, they have a negative connotation… but that’s only if we make the same ones over and over again without taking the time to look back and learn something from them.

Today, we hope to change your perspective on some of the most common gambling mistakes. But, at the same time, we aim to help you understand why they’re happening and how to work on prevention.

Lesson #1 – Learn from Your Mistakes

Let’s address the most important things first – learn from your mistakes! It’s not a skill – it’s a mindset!

If you find yourself constantly making some of the most common gambling mistakes, it’s time to take a break, focus on past experiences, and keep track of your gambling activity.

This will help you learn your wagering habits, profit/loss ratio, and most played games.

Furthermore, keeping track of your gambling activity will uncover potentially dangerous behaviors like excessive spending and chasing losses.

The common gambling mistakes we’re referring to are as follows:

💥 Poor bankroll management

💥 Chasing losses

💥 Allowing emotions to take control

💥 Not knowing when to stop

💥 Failing to do enough research

💥 Focusing on match-winners

💥 Focusing on short-term wins

7 Most Common Gambling Mistakes

In this section, we’ll take a closer look at each of the aforementioned gambling mistakes. No matter your experience level, you’re bound to find something you don’t know.

Once again, it’s not just important to be aware of mistakes you can make when gambling online; it’s important to know how to not make them again.

Failing to Manage Your Gambling Bankroll

First things first – let’s talk about your gambling bankroll. The most common mistake beginners make is exactly this.

They deposit an amount they’re comfortable with losing, end up losing it in two days, then go on to deposit double that the very next day.

Such a system won’t be good for the long-term finances, that’s for sure.

But, there’s a thing called gambling bankroll management. It’s a skill we advise all new players to work on. It takes a bit of time to get everything up and running. But, if you can overcome the initial hurdles, your personal finances will thank you.

Chasing Losses

This is, without a doubt, the most vicious cycle a gambler can find himself in.

The term “chasing losses” represents players who continue to make subsequent deposits even though they’ve already splurged through their bankroll.

They do this in a desperate attempt to break even. But, you’ve guessed it, things usually don’t go as planned.

How to tell if you’re chasing losses? Well, have you recently demolished your bankroll and then gone on to deposit more? If your answer is yes, then we reckon you have a problem on your hands.

How to prevent this from happening? Self-control and responsible gambling!

There’s no secret recipe. You need to remind yourself that you’re losing real money which could endanger or break your relationship with those around you.

This is serious business, we’re not exaggerating. Chasing losses should never be taken lightly!

Allowing Emotions to Take Over

If you’re the emotional type, you might have trouble containing your inner self when gambling online. We noticed lots of people play when they’re stressed out or outright angry.

Betting on sports or playing any sort of casino games when you’re in this condition won’t be fun. You’ll end up breaking your own bankroll management rules and potentially end up chasing losses.

We already explained just how dangerous that is. No need to repeat it.

Another thing we’d like to emphasize is betting under the influence of drugs or alcohol. Needless to say, you shouldn’t do either one of them. Both will cloud your judgement which will end up in you making all the wrong decisions.

If you’re feeling tipsy, just stop betting. That’s all there is to it.

Not Knowing When to Stop

This one is tied directly to chasing losses. Not knowing when to stop is basically the same thing. But, you don’t necessarily have to be on a losing spree to stop playing.

You can be on a winning spree that will, if you don’t know when to stop, quickly turn into chasing losses.

That’s why it’s important to constantly check your bankroll and ensure you’re always within your risk limit.

Not Doing Enough Research

Don’t be lazy when conducting pre-bet research. If you don’t feel like spending an hour or two to research your potential betting lines, don’t bet at all.

It’s as simple as that. Sports betting is not a spring – it’s a marathon. We often use that analogy, but it’s for a good reason.

Many newcomers think sports betting can bring them riches overnight. In reality, that’s far from the truth. The problem is, that newcomers tend to splurge through their bankroll doing little to no research.

They’re end up basing their bets around surface-level knowledge and the good old gut feeling. Come on, you’re better than that!

Focusing on Match-Winners

Match-winners are the basic bets in sports/esports betting. All you need to do is guess who’s going to win the match. That’s it!

We often see too many players focus so hard on match-winners that they basically forget other bet types exist.

There’s no need to narrow your gambling horizon solely to match-winners.

Oftentimes, you’ll find much more valuable specials and/or totals. All you have to do is keep tabs on other bet sections when searching for value.

Focusing on the Short Term

Here’s one of the most common gambling mistakes even experts tend to do – focusing on the short term. Yes, match-winners and other match-based bets are going to be the main tools in your arsenal.

However, don’t be afraid to invest in long-term bets. Futures like outright winner, tournament MVP, team to reach the finals; these are all outstanding bets that can yield surprisingly hefty profits.

3 Important Gambling Strategy Tips

Being aware of common gambling mistakes and doing your best to prevent them will surely improve your overall profitability.

However, if you want to maximize your profit potential, we warmly advise you pay attention to the following:

Don’t Forget About Parlays

Single bets often possess the most value. On their own, though, unless we’re talking about risky underdog bets, you won’t get massive returns on smaller wagers.

That’s where parlays come into play!

Parlays are basically bets that consist of several different bets. The trick is – all bets within a parlay have to win for the parlay to win. It doesn’t matter if you miss a single bet on your parlay, the whole parlay is gone.

For more information on the subject, check out our guide on sports betting parlays. It doesn’t just provide you with boring informational sections, but real-life examples too. If parlays seem interesting, make sure you check that page out!

Keep Tabs on RTP Values

Not everyone here is focused on sports betting. That’s why, the second gambling strategy tip is meant exclusively for casino dwellers.

RTP value – we’re sure you’ve heard of it. It stands for Return to Player and comes in the form of a percentage.

The higher the percentage is; the more profit potential the game has. More precisely, the RTP percentage represents the game’s average return rate for each $100 staked.

So, for example, if an online slot has 95.8% RTP, it means that it pays $95.8 on every $100 wagered. Keep in mind that we’re talking about averages here.

Never Underestimate the Importance of Value

No matter the betting strategy you’ve deployed, you should always be on the lookout for value bets. By value bets, we’re referring to bets whose outcome(s) are much likelier than what the odds suggest.

However, finding value is online betting is a complex topic. It cannot be explained in a single section.

If you want to know more, we advise you to check out our sports betting value guide. That’s where you can find all the relevant information on the subject.

Conclusion

Once again, we would like to repeat what we’ve already said in the introduction.

Gambling mistakes aren’t necessarily a bad thing… but only if you learn from them and take the necessary steps to prevent them from happening again in the future.

You shouldn’t dwell too much on your losses. However, learning something from them is essential. Don’t take it for granted!

We are happy to announce that games from  Octoplay and TVBet providers now are available at Winz.io 🎉

While Octoplay has brought an array of new slot games to the table, TVbet introduces a suite of immersive live games. This collaborative endeavor not only enriches our offerings but ensures an enhanced experience for its loyal user base.

So, keep reading to discover the new opportunities that this collaboration offers!

About OctoPlay Provider

Established in 2022, Octoplay has rapidly become recognized for its electrifying slot games. This provider launched several distinctive slots within its inception year, making waves across the gambling community.

Guided by the seasoned expertise of Carl Ejlertsson, formerly of Red Tiger and Evolution, Octoplay has a stellar team, ensuring innovation and engagement in every game they produce.

An integral part of Octoplay’s early success lies in its quality strategy. Holding robust licenses from the Malta Gaming Authority and the Romanian National Gambling Office, they uphold stringent standards of fairness and security.

Moreover, their intent to procure licenses in every possible jurisdiction reflects their global aspirations and adherence to compliance.

Octoplay’s game library, although nascent, impresses with its diversity. Initial games like Aztec Ancients and Heavy Anchor showcase their knack for combining riveting gameplay with immersive storytelling.

Notably, Octoplay’s focus isn’t solely on aesthetics or technicalities but rather on crafting a delightful gaming experience.

While many providers boast of superior graphics or groundbreaking features, Octoplay’s distinction lies in its player-centric approach.

The brand’s spirit leans toward maximum wins, peppering games with sought-after features like free spins, escalating multipliers and respins.

With a determined vision, rigorous licensing and an unyielding dedication to player enjoyment, Octoplay has cultivated an inviting proposition.

As part of our platform, these games are now accessible to a broader audience who can appreciate Octoplay’s distinct charm!

Octoplay Slots on Winz.io 

Octoplay, with its novel gameplay mechanics and captivating designs, has introduced a trio of slots at Winz.io that promise to enhance the gaming experience manifold.

Let’s delve into these novel games, each with its distinct theme and mechanics 🎰

Aztec Ancients 🥑

Venture deep into the heart of ancient Mesoamerica with Aztec Ancients. The game portrays an enchanting aura, blending a dark and mysterious backdrop with a grid echoing the Aztec world. The thrones flanking the grid give a regal touch, while the rhythmic beats of bongo drums enhance the ambiance.

PLAY AZTEC ANCIENTS 

Playable on all standard devices, the game is not just about matching symbols. The fruit symbols, being the lower-valued ones, offer modest rewards, but the true magic lies with the Aztec characters, offering up to 6x stakes for ten matches.

Symbols with red or blue blazes come with multiplier effects. And the central sun symbol? It’s a wild card with free spins, creating additional winning avenues.

Heavy Anchor ⚓

Heavy Anchor plunges players into a mysterious treasure-filled bay. At first glance, it seems submerged with floating bubbles, yet ships can be spotted in the distance, adding to its enigma. 

PLAY HEAVY ANCHOR 

The game’s core is about matching symbols on its grid. At least eight similar symbols grant a win. Players encounter basic icons like coins and an eye patch, while more valuable ones include scrolls, hooks and rum bottles. 

A unique feature is the symbols with red or blue halos, which boost the prize amounts. The compass, serving as the wild, adds to the gameplay’s excitement.

A significant highlight is the chest symbols: spotting them heralds the start of the free spin round, promising bigger rewards.

Disco Dive 💽

Disco Dive transports players to an era where disco reigned supreme but with a fruity twist. The vibrant backdrop, reminiscent of classic disco lights, sets the mood. The game stands out with its pay-anywhere feature, giving numerous ways to win. 

PLAY DISCO DIVE

Additionally, cascading wins introduce a dynamic element, ensuring the gameplay remains engaging. With a return rate of 95.79%, players have a fair shot at wins, and the jackpot is an enticing 22,000 times the bet.

As a bonus, the game is mobile-friendly. So, whether you’re reminiscing about the disco era on a desktop or reliving it on a mobile device, Disco Dive ensures a groovy time.

About TVBet Provider

A vanguard in live dealer gaming, TVBet is acclaimed for its exemplary portfolio of live games. Pioneering from the outset, this company crafts each game meticulously, ensuring a unique and immersive gaming experience.

As Utku Saper, Sales Team Lead at TVbet, mentioned to iGaming Afrika, they are doing their best for the potential players:

“Along with the fascinating stories in our live games, which captivate players around the world, we care about every tiny detail of the whole process, from the creation of the game to its integration with a partner and further support and maintenance. Our technical platform allows for the correct running of all our games without a glitch.”

Anchored by their mission to provide state-of-the-art live casino content, TVBet employs modern technology. It ensures all offerings resonate across all devices, from desktops to smartphones and even TVsets.

TVBet’s offerings, encoded in HTML5 technology, ensure smooth and seamless gameplay for players around the globe. These include innovative spins on traditional games like Backgammon, WheelBet, Poker and Teen Patti.

TVbet games are sculpted in a live casino ambiance, enriched with TVBet’s twists on bingo, keno and similar lottery-themed games.

Benefits of TVBet:

• User-centric Interface. Their modern, streamlined UI ensures even novice players find it straightforward to engage and immerse.
• Detailed Game Insights. Beyond the gameplay, users have access to comprehensive data, including rules, past results and betting histories.
• Smooth API Integration. Partnering with SoftGamings, TVBet ensures seamless API integration for platforms, making the inclusion of their live games hassle-free.
• Awards Galore. TVBet has bagged numerous awards, including “Best Provider of Live Games” and “Best Developer of the Year” at the Login Casino Awards.

With its compelling fusion of classic games and innovative interpretations, combined with a sophisticated software platform, TVBet has decisively etched its mark in the live casino sector.

As they expand their repertoire, the iGaming community awaits their next groundbreaking endeavor.

TVBet Live Games Available at Winz.io

TVBet brings a modern twist to age-old classics, ensuring every player has a unique experience, whether a seasoned veteran or a newcomer.

With many betting options and swift game dynamics, every session becomes a heart-pounding adventure.

Here’s a closer look at three standout games from the collection!

Fast Keno ♣️

Fast Keno offers a high-paced rendition of the timeless Keno game. It boasts a quick turnaround, ensuring players are always engaged. Out of 80 balls, 20 get selected randomly, providing many betting possibilities.

PLAY FAST KENO

Punters can place their wagers on specific numbers, odd/even outcomes, and many more, tailoring their strategies to increase the odds of a hefty payout.

Poker ♦️

TVbet’s Poker brings the thrill of Texas Hold’em with a twist. Played in real-time, this version has no winning cap and introduces multiple betting avenues. Players aim to achieve the strongest hand possible, and various betting stages like Preflop, Flop and River keep the excitement constant.

PLAY POKER

The diverse bet placements range from wagering on specific hands to predicting the winning combinations, making every round a fresh challenge.

Conclusion

Winz.io`s integration of Octoplay and TVBet underscores our commitment to delivering top-tier gaming experiences.

With Octoplay’s captivating slots and TVBet’s live gaming thrill, players at Winz.io are guaranteed an unrivaled blend of excitement and opportunity ❤️

As both providers continue innovating, Winz.io remains the go-to platform for those seeking the best online entertainment!

Crypto gambling is not exactly a small niche nowadays. It keeps on developing, thanks to growing demand, and shows no signs of stopping.

Gamblers who use cryptocurrencies couldn’t be happier with the overwhelming support for digital assets on crypto casinos.

A key part of all of this is crypto wallets. They represent the driving force behind crypto gambling transactions. They allow users to safely store their digital assets, issue payments to casinos, and receive their winnings with cheap fees.

But, with a massive influx of new crypto gamblers, many of whom know next to nothing about blockchain technology, we had to come up with a solution.

Today, we’re here to explain the key factors behind crypto wallets, point you to the best options and show you how to use them on Winz.io.

So, without dragging around the bushes any longer, let’s head right into the discussion!

What is a Crypto Wallet?

People tend to think crypto wallets are used for storing cryptocurrencies. When they hear the word wallet, they immediately think of a chunky leather wallet storing cold hard cash. In the crypto world, all digital assets are stored on the blockchain.

Crypto wallets, contrary to popular belief, are used for storing private keys AKA passwords that give access to your digital assets. In other words, crypto wallets are used for accessing, receiving, and sending cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.

Types of Crypto Wallets

Crypto wallets come in a variety of shapes and sizes. There are three main types of crypto wallets, though only two of them can efficiently be used for online gambling. They are as follows:

Online Wallets

Online wallets are by far the most popular option for crypto gambling enthusiasts. You can either use a wallet that’s a part of a platform/website, or a wallet that has dedicated apps for modern operating systems.

Either way, your private keys are stored online, not locally. You can access them conveniently (logging into your account or using 2FA on the app/phone), though your private keys could be in danger in case of a wide-scale website leak. Those did happen in the past, mind you.

Desktop Wallets

The main difference between desktop and online wallets is the fact that desktop wallets store keys locally. They are not stored outside of your computer. Keep in mind that you might download a desktop crypto wallet app that’s still an online wallet.

However, desktop wallets with local storage exist and they offer slightly more security than their online counterparts. But, should your SSD or HDD corrupt, you might lose your private keys.

Hardware Wallets

When talking about hardware wallets, we’re typically talking about USB thumb drives like the Ledger Nano and Trezor Model T. These come with an initial cost, though. They are not free. You’ll have to spend anywhere from $30 to $300 to buy one.

Hardware wallets offer a fine balance between convenience and security. You can access your funds only while your thumb drive is connected to your PC. When you’re not using it, it should be kept in a safe location where no one else can access it.

Paper Wallets

Paper wallets seem like the simplest solution that shouldn’t even exist. We’re basically talking about private keys written on a piece of paper and stored in a safe location.

But, I hope you already see the problem here – you’d have to manually retype your private keys every time you’d like to access your funds.

The convenience just isn’t going to cut it for most people. However, I have to point out that paper wallets are typically considered the safest of the bunch.

Best Crypto Wallets for Online Gambling Transactions

In the next couple of sections, we’ll be going through the best crypto wallets for gambling online. There are five brands we’d like to emphasize and they are as follows:

Blockstream

First and foremost, we have to talk about Blockstream. No matter what sort of a top crypto wallet list you explore, chances are Blockstream will be on it. Not necessarily the first on every list, mind you, but it is going to be there. Why is that so?

Well, to keep things short, here’s what makes Blockstream the best crypto wallet for gamblers in 2024:

• Highly secure hot wallet with a user-friendly interface and modern-looking platform
• Superb apps for all modern operating systems including iOS, Android, and Windows
• Supports an innovative 2FA Multisig Shield solution for extra protection
• Gives you full control over your fees for every transaction you authorize
• Can be integrated with hardware wallets like Trezor and Ledger

MetaMask

MetaMask is another fine choice for online gamblers. Even more so if you’re a fan of gambling on the go. It’s a non-custodial type of a crypto wallet, meaning all of its users have full control of their private keys at every single moment.

On a side note, most crypto casinos offer a smooth mobile gambling experience. Take Winz.io as the perfect example – the mobile platform works like a charm. There are no hiccups and it offers the full set of features you’d expect from the desktop platform.

In other words, you’ll have no issues with using MetaMask on Winz.io

Why are we telling you all this? Well, it’s because MetaMask doesn’t just come as a browser extension. It also supports two dedicated smartphone apps, one for Android and one for iOS devices.

This is one of the reasons why MetaMask is one of the most popular crypto wallets for gambling across the globe.

The biggest drawback of MetaMask is the fact it only supports Ethereum-based tokens. All sorts of ETH-based tokens, mind you.

However, it doesn’t support anything outside the Ethereum network, meaning Bitcoin and similar forks are not supported. If you’d like to gamble on Winz.io with Bitcoin, you’ll have to look elsewhere.

Exodus

The main advertising motto Exodus uses these days is “The only wallet you’ll ever need”. And, quite frankly, that’s not too far from the truth. Exodus offers secure, fast, and intuitive crypto transactions and stores your digital assets safely and securely.

When it comes to Exodus’ supported assets, it supports more than 50 networks and there are more than 350 different tokens with full support. Furthermore, you can swap between 1000s of assets too, which brings the crypto exchange game to a whole different level.

Obviously, it has a smooth crypto and web3 app for all types of smartphone devices. Android and iOS are supported equally well, providing easy ways to monitor your assets, manage your portfolios, stake, and buy all types of crypto assets.

Exodus is so good that it actually earned Investopedia’s award for the Best Bitcoin Wallet for Beginners. It’s all thanks to perfectly polished mobile apps and an intuitive web interface that doesn’t hit beginners with too much complex data right off the bat.

That said, if you’re just starting out your crypto gambling career, Exodus could really be the perfect crypto wallet for you! Yes, you can thank us later!

Electrum

Last but definitely not least – Electrum. This wallet is typically considered the best desktop crypto wallet option. It’s fast and extremely easy to set up. If you’re new to the whole crypto gambling thing, Electrum will ease you into it.

Electrum dates all the way back to 2011 and is one of the longest-lasting wallets out there. Some of its key features include customizable transaction fees, superb hot wallet security, and an extremely lightweight client that only downloads certain sections of the blockchain to speed up your transactions.

Unfortunately, Electrum doesn’t bode too well in terms of customer support. While official phone lines and email do exist, users report that they either don’t get replies or fail to resolve their issues.

That’s something you should keep in mind before you commit to the Electrum crypto wallet.

What Should Gamblers Look for in Crypto Wallets?

Here’s the fun part! I already mentioned how crypto wallets come in all shapes and sizes. What I meant to say here is they’re differentiated by several factors. Intuitiveness, security solutions, and cryptocurrency support, just to name a few.

More details can be found right below:

Plenty of Supported Cryptocurrencies

Even if you’re only going to be using Bitcoin or Ethereum, having a wallet that supports numerous cryptocurrencies will save you a ton of nerves later on.

It’s best to pick an all-arounder that works with all the most popular gamblers’ choices (Ethereum, Bitcoin, Litecoin, Bitcoin Cash) as well as a dozen of other cryptocurrencies too.

You never know when something could pop up – it’s always better to have extra options laying around.

A Simple and Intuitive Interface

This is the most important factor if you’re just starting out and you’re interested in crypto wallets for gambling. What you need is an app-based wallet with a simple and intuitive interface.

Of course, it makes no sense to create several accounts and try out several different apps and websites to find the perfect match.

Watch some YouTube videos showcasing the interface, and check out what Reddit folks have to say.

Be creative and you’ll find the answers you’re looking for!

Security Solutions

Unfortunately, it’s difficult to know for sure which crypto wallets offer superior security measures. They can brag about all sorts of certificates and pen-testing, but they could still leak a day from tomorrow.

The only guidance I can offer here is to stay away from sites that already had leaks and/or often report they had security issues/breaches.

How to Set Up Your Crypto Wallet for Online Gambling on Winz.io

Now that you’re familiar with the key characteristics of crypto wallets as well as the best crypto wallets for gambling, let’s see how you can start using them to play slots with crypto on Winz.io.

Surprisingly enough, the process is quite simple. Assuming you’ve already gone through the initial setup of your crypto wallet, all you have to do is the following:

• Log into your Winz.io account and click on the green Deposit button in the top right corner
• Enter how much BTC you’d like to deposit and click on the green Deposit button once again
• Open your crypto wallet app and navigate to the Send screen to type in the recipient’s address
• Copy the deposit address from Winz.io and paste it into your crypto wallet’s recipient’s box
• Authorize the transaction on your crypto wallet and return to the Winz.io deposit window
• Click on I’ve made the payment and that’s it – all that’s left is waiting for the transaction to finish

Conclusion

To sum up, this article has explored the top crypto wallets for gambling in 2024. Now it’s up to you to determine which one aligns best with your needs and preferences and start your gaming journey.

However, it’s essential to approach gambling responsibly. We support responsible gambling, so at Winz.io, you can set limits on your time and money and never view it as a solution to financial issues.

Enjoy the game at the best crypto casino, but be safe and gamble responsibly!

Minimum age for gambling has always been a hot topic. It’s getting increasingly more important with the rise of crypto gambling, though.

That’s because many people worry that the rise of crypto gambling transactions will result with an increase in underage gambling.

What does the law say on this? Unfortunately, there’s no uniform law that rules with an iron fist over the whole crypto gambling market. Instead, countries, provinces and jurisdictions decide the laws on their own.

The fact that transactions executed on the blockchain are completely anonymous is the biggest issue.

If a crypto casino online is licensed, this issue is bypassed with a rigorous KYC (know your customer process) which ties every blockchain transactions to a player’s confirmed identity.

What about unlicensed crypto casinos? Well, that’s where the story of minimum age for gambling gets interesting.

That said, grab yourself a hot beverage to enjoy as we dive deep into the rise of crypto gambling and the potential harm it could cause.

Crypto Gambling Regulation is Still in its Early Stage

As mentioned earlier, most countries are still trying to figure out how to stop unlicensed crypto gambling from spiralling out of control. Some basic laws have been set, but they don’t really prevent anything.

They’ll need way more drastic measures if they want to actually enforce their minimum age for gambling laws.

Unfortunately, I don’t think we’ll see any concrete decisions in the near future.

A couple of years from now, maybe. Rumor has it that the EU will require all blockchain transactions to have names associated with them, though we’re yet to see if and when such regulations will come into play.

Minimum Age Requirements for Crypto Gambling

Now let’s go through some of the biggest crypto gambling markets and examine their minimum age for gambling regulations:

Minimum Age for Crypto Gambling in Canada

Let’s start off with Canada. Canada has country-wise laws that prohibit gambling to everyone below 19. However, some provinces like Manitoba, Alberta and Quebec have set the minimum age for gambling at 18.

In Canada, there are no laws specifically stating that crypto gambling is prohibited. This means that crypto gambling falls under the same rules as conventional online gambling.

Canadians can use any foreign websites to gamble online, which unfortunately opens the door to unlicensed underaged gambling on unlicensed crypto casinos.

Minimum Age for Crypto Gambling in Australia

When it comes to Australia, to be able to gamble legally you have to be 18 years of age. If you do that before turning 18, you’re practically committing a crime. I am not even joking here – that’s how laws work.

Jokes aside, Australian gambling laws are quite strict. Most forms of online gambling including blackjack, slots, poker, and roulette are still strictly prohibited. This practically means that online casinos are illegal across Australia.

Australians seem to be well aware of the potential danger gambling brings to future generations too. Australis has a special project called Know Before You Load and one of its key parts is the Children and Gambling Watch Lists.

It essentially provides a list of apps and games as well as info on gambling content within them. They take things up a notch when it comes to protecting their children from the dangers of gambling.

Minimum Age for Crypto Gambling in New Zealand

Just like in Australia, the legal age for gambling in New Zealand is set at 18 years of age. It’s nothing surprising, seeing as these two countries typically have very similar (if not identical) laws and legislature.

Also just like Australia, New Zealand has a strict policy on online gambling thanks to the Gambling Act 2003.

Yep, this means that virtually all types of online casino games are strictly prohibited. People aged 18 and above can bet on sports, horse racing, and play scratch cards, but that’s about it. Everything else is prohibited.

But, that’s not going to stop people from venturing into unlicensed crypto casinos.

Even if the country is geo-blocked, VPNs are free and work perfectly. That’s going to remain an issue for quite some time, if you don’t mind me noticing.

Minimum Age for Crypto Gambling in the UK

Gambling laws in the UK feature four different types of gambling machines (A, B, C, and D).

You can learn more about UK gaming machines here. A, B, and C gaming machines require users to be at least 18 years of age. D machines have no age restrictions.

Keep in mind that the UK Gambling Act doesn’t have any specifics about the use of cryptocurrencies for online gambling.

However, online casinos that want to operate in the UK and support cryptocurrencies have to be licensed and regulated by the UKGC (United Kingdom Gambling Commission). It’s not the ideal solution, but it’s definitely one of the better ones we’ve seen so far.

Minimum Age for Crypto Gambling in South Africa

South Africa is a country with a tradition of lottery ticket sales. Did you know that more than 80% of South Africans buy at least one National Lottery ticket every week? Perhaps that’s the reason why the country still has strict gambling laws.

South Africa tried to tackle the issue of illegal gambling several times over the last two decades. Unfortunately, all attempts at controlling it were unsuccessful. According to the laws, online gambling of any kind is strictly illegal in South America.

Only betting on sports on specific licensed SA bookmakers is allowed. But, as you’ve probably guessed by now, gamblers pay no attention to these laws and play on off-shore platforms, typically with cryptocurrencies.

Minimum Age for Crypto Gambling in India

In India, the legal age for gambling is 18 years old. There’s no state-wide law that strictly prohibits gambling activities. In India, states have their own say in this.

At the time of writing this, Goa, Daman and Sikkim are the only Indian states with casinos. Of course, India has a massive population and it’s no surprise that a part of it will find ways to gamble online, legally or otherwise.

Why is Underaged Gambling a Serious Problem

I’m sure we can all agree that underage gambling is a disease. While regulated gambling is a sweet form of entertainment, it’s not meant for children.

Think of it as alcohol – it’s good in moderation, but keep it away from children at all times.

Nowadays, it’s difficult to prevent children from playing on crypto casinos. Countries’ gambling authorities are cracking down on businesses that facilitated underage gambling/betting in brick-and-mortar shops.

However, doing the same on the internet is nearly impossible. No matter what the regulations are, children who want to gamble will always find a way to do so… especially now with cryptocurrencies.

The worst part is, even though more and more crypto casinos are getting licensed and properly regulated, children can still find unlicensed sites that don’t require KYC (know your customer) process and govt-issued ID scans.

Unfortunately, the statistics don’t lie. Children who are introduced to gambling are likely to keep their gambling habit for good.

“Children introduced to gambling by age 12 are 4 times more likely to develop a gambling problem later in life. Gambling can be addictive and lead to a lot of problems, including financial instability, relational strife, and mental health disorders. Ultimately, if gambling becomes a problem, it can completely derail a person’s life.” – Alagamus Gambling Treatment

Do Cryptocurrencies Encourage Underaged Gambling?

Unfortunately, cryptocurrencies and underaged gambling often go hand in hand. Why is that so? It’s simple.

As previously mentioned, a good portion of online crypto casinos still aren’t licensed and don’t require users to go through the KYC (know your customer process).

This practically enables anyone to register under a false name and DOB and start playing casino games online making deposits using a Bitcoin wallet for gambling.

So, unfortunately, in a way cryptocurrencies indeed encourage underage gambling. The only way this issue can be resolved is through hard shutdowns of all unlicensed crypto casinos.

It’s a bold move, but one that has to be done to protect future generations from the harm of underage gambling.