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Assessing the Availability of Responsible Gambling Tools on Cryptocurrency Gambling Websites

DOI: 10.4236/jss.2025.133011, PP. 151-159

Keywords: Cryptocurrency Gambling, Responsible Gambling, Online Gambling

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Abstract:

As cryptocurrency gambling becomes more popular among adolescents, questions about security, safety, legitimacy and availability of responsible gambling tools on cryptocurrency gambling sites arise. This paper provides a systematic literature review on current responsible gambling tools and assesses the availability of said responsible gambling tools on the fifty most popular cryptocurrency gambling websites. Age verification was voluntarily available on 92% of the gambling websites. Only 10% of the sites required identity verification (KYC) to allow a deposit and less than 25% provided the ability to set wager or loss limits. Cooling off periods (66%) and self-exclusion (82%) were more common but often required the user to contact customer support. Out of operators who hosted a responsible gambling page (88%), not even one addressed cryptocurrency specific risks. The findings indicate major gaps in harm reduction measures and thus the need for better regulation and research into gambling protections that work on cryptocurrency-based platforms.

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