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Blockchain Technology in Online Gambling, Electraworks bitcoin casino sites, electraworks bitcoin casino sites. Once you have achieved that, you then need to head to your wallet and essentially send money as you would with PayPal. Why Bet With Bitcoin. Betting with Bitcoin is growing in popularity but is still one of the lesser used methods in comparison to the likes of debit and credit card. There are a number of reasons why people are playing with Bitcoin though. First and foremost, the anonymous transaction will leave no trace of your bank details with the bookmaker and therefore if the bookmaker themselves were hacked, there would be no knock on effect of your details being stolen. Of course, bookmakers are among the most secure sites on the planet anyway, so there really is nothing to worry about but Bitcoin really does offer that added peace of mind. 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