A Rundown of Why Canadian Players Are Pleased with Playbetr
In 2017, Canada achieved an all-time high Bitcoin awareness ratio of 85%. The country’s Bitcoin ownership also almost doubled. These noteworthy figures were largely owed to the fact that Bitcoin reached its highest market value in that same year. See here the complete list of all bitcoin casinos.
Following this, more efforts to regulate the use of cryptocurrencies in the country were initiated. Although Bitcoin has not been made legal tender (and is not seen to be actually going this path), it has been qualified as a commodity for legal use in the country. Thanks to this blend of innovation and regulation, the Canadian industry is now one of the leading gambling regions in the world.
A lot of Canadians use Bitcoin to buy goods and even pay for services like those offered in online casinos. Reportedly, Canadian players enjoy indulging in the Poker game the most, while Roulette and Blackjack follow along.
Now allow us to answer the common questions asked about the brand. Along the way, you’ll see how much Playbetr pleases Canadian cryptocurrency players.
What is Playbetr?
As you explore the world of Bitcoin gambling, you will most certainly come across the web-based betting hub Playbetr. This is an online casino and sportsbook that started operations in 2015. It welcomes all sorts of players ranging from those who bet on sports and esports to those who wager on casino games like slots, poker, and provably fair dice.
In its early years, Playbetr would accept only Bitcoin and a few altcoins. But as it grew bigger, the platform became more inclusive of other digital assets. Now there is a total of 14 cryptocurrencies on its list of supported coins.
For non-owners of digital currencies however, CAD or any other fiat money is not accepted here. The casino is a crypto-exclusive gambling portal. But as more digital asset exchange platforms rise in Canada like Coinbase, this exclusivity should not be a big problem. You can simply exchange your CAD for some Bitcoins, and you’re good to go.
Is it licensed?
Unlike most crypto-centric betting sites with shady operations, Playbetr is fully licensed.
Owned by Global Limited Holding EOOD, the casino and sportsbook portal is confident about its full compliance with gambling laws. It is authorized by the Government of Curacao to offer betting services to players around the world, except those in the US, UK, Australia, and Singapore. And it is verified to have been exercising fairness in the interest of the players.
Being licensed, does it mean the casino does the “know your customer” procedures (KYC)?
Yes, the site religiously adheres to the KYC rule as all other licensed betting portals should. While you might think your personal data will be put at risk of exploitation, Playbetr speaks vocally about how much it treats the information you provide with utmost confidentiality. Note as well that the casino carries out the KYC to avoid scammers, fraudsters, and money-launderers away from the platform.
What are the banking options?
As mentioned, Playbetr transacts only in cryptocurrencies. These are the coins you can use to deposit into your player account with the casino:
- Binance Coin (BNB)
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Bitcoin SV (BSV)
- Dai (DAI)
- Dash (DASH)
- Ethereum (ETH)
- Ethereum Classic (ETC)
- Litecoin (LTC)
- Monero (XMR)
- Paxos (PAX)
- Playbetr Coin (PBR)
- Ripple (XRP)
- USD Coin (USDC)
- TrueUSD (TUSD)
As Playbetr continues to expand, you can expect that this list will become longer in time.
How about CAD users who don’t own any cryptocurrencies?
As the possibility of Playbetr accepting fiat money like CAD seems blurry, gamblers new to cryptocurrencies can still try the betting platform. This is by way of turning to a crypto exchange. There are now a lot of trading platforms that allow you to conveniently turn your fiat money into bitcoins or altcoins. Among the best exchange options for Canadians are Coinbase, MyBTC.ca, and Bitbuy.
Once you have your own Bitcoin, signing up for a Playbetr account and depositing playing credits will just be a breeze. From here, the funds you deposited will take the form of the gambling hub’s proprietary PBR token.
Why PBR coin?
You do know that cryptocurrencies are volatile in nature. Their values are unpredictable and thus can shockingly drop any moment.
The good thing is, on Playbetr, whatever crypto you deposit will be converted to PBR, the betting site’s very own stablecoin. As a stablecoin, your PBR becomes immune to high volatility. In fact, PBR’s value is the same as that of the USD. This way, your balance is not only easily observable but also almost risk-free.
It is also noteworthy that with the use of a proprietary stablecoin, Playbetr is able to add a layer of security to your funds. The platform stores your PBR in cold storage to keep it away from any potential breaches.
Are there bonuses?
Definitely! Playbetr gives a 100% first deposit bonus up to 2,000 PBR, as well as 10%, 25% or 50% reload bonuses up to 1,000 PBR.
As an official member of the crypto betting hub, you also become a part of the VIP program. This is a rewards system in which you get cashbacks by simply earning points and reaching royal ranks out of just betting onsite.
These are the ranks you can land with the corresponding VIP points needed, arranged from lowest to highest:
- Baron – 1 to 4,999 points
- Knight – 5,000 to 39,999 points
- Count – 40,000 99,999 points
- Prince – 100,000 to 249,999 points
- Duke – 250,000 to 999,999 points
- King – 1,000,000 to 9,999,999 points
- Emperor – 10,000,000 points or more
Reaching higher tiers mean getting bigger cashback percentages. Cashbacks come in the form of lossbacks and betbacks. The most lossbacks and betbacks you can receive is 33% of your losses and 0.35% of your wagers, respectively.
How big is the game library?
Playbetr knows that most casino players love variety, that’s why it has been pumping its game library with more great titles. Now, the Casino section of the site holds over 1,200 games of slots, poker, baccarat, sic bo, roulette, and more. Not setting aside quality, these games are from top-notch casino content providers including, but not limited to Betsoft, Pragmatic Play, GameArt, and Ezugi.
Of course, not to be forgotten is the bunch of provably fair games that Bitcoin players play frequently. The filter function will easily show you these games of dice, baccarat, and roulette. Made by Playbetr and OneTouch, the provably fair products shelved will rid you of doubts as their results’ fairness can be verified with just a few clicks.
If you happen to be in the mood for some real-time table game rounds, go to the Live Casino section. There you’ll find variants of poker, roulette, and more that you can play on live stream with real casino dealers.
How many sporting events are listed?
On a monthly basis, Playbetr sportsbook opens over 30,000 betting lines for different sporting events all over the world. These include both live and upcoming matches across various sports and esports.
Among the events covered by the crypto sportsbook are leagues in soccer, tennis, basketball, baseball, rugby, and cricket. Esports aficionados, on the other hand, have betting lines for Counter-Strike, Overwatch, League of Legends, and Dota 2.
The site’s sportsbook is relatively new, so you can still expect upcoming additions to the list and more improvements in the future to maximize your sports betting experience.
Is there 24/7 support?
Yes, Playbetr casino and sportsbook has a support team that’s available around the clock. You may contact the representatives on duty via the site’s live chat feature or over the email. Know that the site’s support is multilingual, so worry not if your language isn’t English.
Are there any negative points about Playbetr?
There are a few downsides, but they’re nothing major. For one, the crypto casino follows some country restrictions. But if you are in Canada, this should not bother you. The countries not accepted include Singapore, US, UK, and Australia.
Another could be its non-acceptance of fiat money. Then again, there are crypto exchanges you can easily buy bitcoins from in just a few clicks.
Lastly, no live streaming for sports and esports are available here. Hopefully with the partnerships Playbetr is trying to seal with big sports-related brands, viewing of live events onsite will be made possible in the near future.
Overall, a highly recommended brand
Indeed, Playbetr has what it takes to be a brand worthy of recommendations. It has already made a name for itself since its launch in 2015, and it is fully licensed. More importantly, it is crypto-friendly, it employs a secure stablecoin, it offers a top-of-the-line VIP program, it has a huge casino and sportsbook selection, and it flaunts a 24/7 multilingual support.
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