Yes, it is possible. you can find a lot of gambling websites those are accepting Bitcoin regarding this issue, you can also find some online casino that also receives Bitcoin. But my opinion is that, Don't waste your valuable asset by taking participate in such type of luck depending platform. you can save some Bitcoin for the future purpose that will help you to get more profit. day by day Bitcoin price is getting high and it will be the most profitable currency in the future. so keep in touch and get benefit from this lucrative currency.
Although in my area, it is not as such possible but in future we can expect that when bitcoin will become more popular and people start using bitcoin. In present time i do not know that there is a single casino in my area who are accepting bitcoin and the reason can only be that most of the people still do not know anything about bitcoin.