best bitcoin casinos

What are Bitcoin Casinos?

Bitcoin casinos typically function as any other gambling website, with one crucial difference: they accept Bitcoin as a payment method for deposits and payouts. The legality of using cryptocurrencies for gambling purposes varies between jurisdictions. However, it’s generally legal to make bets with cryptocurrency as long as you play at licensed online casinos.

About Bitcoin & Availability for Online Gaming

Bitcoin is the best-known token of the blockchain industry and the one that ignited the hype around cryptocurrencies. It was launched in 2009 as the brainchild of Satoshi Nakamoto, a still mysterious person (or a group of people) who introduced the concept of a decentralized digital currency. The growth of Bitcoin has not stagnated over the past two decades and has been embraced by investors and tech enthusiasts.

The broad acceptance is evident from the thousands of transactions performed on the Bitcoin blockchain network each hour. The rise in popularity and integral fast and secure transaction speeds motivated casino sites to start offering this payment method to their cashiers.

Bitcoin is readily accessible in numerous countries around the world. The highest usage is recorded in Canada, Australia, the United States, Canada, the United Kingdom, Germany, Sweden, Finland, and many others.

It’s essential to emphasize that the regulatory environment for cryptocurrencies, including Bitcoin, can change rapidly. As a consequence, the accessibility of Bitcoin wallets for online gambling may differ across various jurisdictions. Therefore, it is important for users to stay informed about the latest regulations and availability in their respective countries before participating in such activities.

Our Methodology for Finding Top-Tier Bitcoin Casinos

Identifying a reliable Bitcoin online casino that ticks all the boxes for entertainment value and security features can be a daunting task in the ever-expanding market. Luckily, we can navigate the blockchain gaming labyrinths, and our team is eager to share the key parameters for identifying the best Bitcoin sites.

Legitimacy & Security Measures

Before inspecting the game lobby and promotion, we verify if the operator holds a valid license. Reputable Bitcoin casinos have their licensing numbers prominently displayed in the website’s footer. Focus on platforms certified by regulatory commissions such as the MGA, UKGC, and Curacao. The inclusion of SSL protocols is another indication of safety.

Game Variety

The best Bitcoin casinos will provide game lobbies powered by top-tier software vendors. The lobbies usually include thousands of popular slot titles, blackjack, roulette, and baccarat games in RNG and live dealer versions. A diverse selection of themes and bonus features is also required in a potential operator. We also make sure the RTPs are above the industry average of around 96% and that the games are available in demo mode.

Bonus Offers

Top-tier operators take care of their players through a generous catalogue of promotions. We look for casino sites offering a welcome bonus, free spins, reload, and cashback bonuses. But most importantly, we evaluate the true value of the bonuses by their terms and conditions, most importantly, the wagering requirements, minimum qualifying deposit, and validity period.

Payment Methods

The acceptance of Bitcoin is a must, yet, it’s recommended to have a backup banking option. The best Bitcoin casinos accept other types of blockchain tokens and fiat money. The cashier should incorporate debit and credit cards, vouchers, e-wallets, and bank transfers to facilitate deposits and withdrawals. We look for high maximum allowed withdrawal limits and processing speeds for payouts of under 24 hours.

Mobile Compatibility

Gaming on the go is a staple option on Bitcoin casino sites. However, for the most reliable mobile experience, we look for operators with an app package compatible with Android and iOS devices, offering fast load speeds and an intuitive interface.

Customer Support

We quiz customer support agents to determine their response time and their level of knowledge. Bonus points for operators that offer several communication methods, such as live chat available 24/7, phone numbers, and email.

How to Use Bitcoin for Online Gambling

Before you can make a bet with Bitcoin, you need to acquire the tokens. The conventional option is to purchase coins on an exchange like Binance or Coinbase or mine them on the blockchain network (which is almost impossible nowadays). On most online casinos, you can directly buy tokens with fiat currency like the US dollar. Despite the standard purchasing method, which resembles the process used to buy items via e-commerce, you will need a crypto wallet to store the coins. There are several types of crypto wallets:

• Online Wallet: It’s a cloud app, accessible to any location and device as long as you have an Internet connection. It’s a convenient, secure, and free option.
• Software Wallet: They are applications you can install on a PC or smartphone. The app enables holders of crypto to store their digital currencies securely.
• Hardware Wallet: A physical device in the form of USB drives.

Open a Casino Account

Choosing a Bitcoin casino site and buying coins is half the story. To take full advantage of the gaming opportunities, you must become a full-fledged member of the casino, and for that, you need to register an account. The sign-up is nearly identical on any Bitcoin casino site. These are the necessary steps to register an account at a Bitcoin casino:

1. Open the casino in a browser or install the native app.
2. Click the ‘Join Now’ or ‘Sign Up’ button to trigger the sign-up form.
3. The form requires you to enter your full name, birthday, phone number, and residential address.
4. You need to create a username and password.
5. Accept the T&C to complete the registration.
6. On some platforms, a KYC check may be required.

How to Deposit in Bitcoin Casinos

Infusing tokens into your casino account is routine. Here is an overview of the procedure:

1. Register an account with an online casino.
2. Locate the cashier section on the menu.
3. Open the deposit column and select Bitcoin as a payment method.
4. Enter the wallet address and save it.
5. Submit the deposit amount and verify the transaction.
6. Processing speeds for deposits with BTC are between 15 seconds and 5 minutes, depending on the amount and network congestion.

How to Withdraw from Bitcoin Casinos

Retaining your winnings is similar to depositing but with a slight delay, considering the casino site needs to approve the transaction. Let’s examine the steps:

1. Log in to the casino account.
2. Open the cashier section.
3. Pick Bitcoin as a withdrawal method.
4. Type the BTC amount you want to withdraw.
5. Submit your crypto wallet number and verify it.
6. Withdrawal speeds vary between casinos and take a few hours on average. Yet, more expedient platforms perform transactions within 12 hours.

Transaction Limits & Fees

Bitcoin is ushering in a monetary revolution but is not immune to operators’ payment policies regarding transaction limits for deposits and withdrawals. Most online casinos implement a minimum and maximum limit for deposits and withdrawals, and the amounts can vary between all types of Bitcoin sites.

Reputable operators will lean towards lower limits and typically do not require payout fees. Yet, fees in the form of a fixed sum or a tiny percentage of the transfer amount are not uncommon in the industry. It’s worth pointing out that operators’ transaction fees are independent of Bitcoin’s fees, which are charged for any transfer on the blockchain network.

Promotions at Bitcoin Online Casinos

Casino sites often use bonuses to recruit new players, which can enhance gaming sessions by offering extra credit for placing a bet on slots or table games. Each operator structures their bonus program individually, but most rely on the same type of bonuses. Common bonus offers include:

• Welcome Bonus – It’s the first and often the largest bonus you can claim. The welcome bonus uses a match deposit as its basic format and typically boosts your deposit up to 100% or 200%. Some platforms combine the deposit match with a bundle of free spins.
• Reload Bonus – Available to existing players and provides a matching boost on a recent deposit. The match deposit is often about 50%, but higher percentages are not uncommon.
• Cashback Bonus – The operator refunds a specific percentage of losses in a given week or month as a bonus. The cashback percentage is usually from 10% to 20%, and these bonuses often have lower wagering requirements.
• Free Spins – Exclusive offer for slot games, distributed as a batch of spins to be used for a specific slot title. Usually, free spins come in bundles of 20 to 100 free spins.

The stipulations outlined in the terms and conditions are integral to all bonuses. They set the ground rules for using the promotion. Every bonus gets conditioned on a playthrough, expiration date, limit of winnings, and max bet. You should always judge the value of a bonus according to its T&C, as player-friendly conditions allow you to get the most out of the bonus. Note that sometimes, casino operators make some deals exclusively available for Bitcoin depositors.

Best Casino Games to Play with Bitcoin

The portfolio of games that are accessible for playing with Bitcoin is not limited to just slots. There are countless casino-style games you can play at these sites, including innovative games that are only available at crypto sites. Check out the range of games you can expect at these sites:

• Slots: It’s the dominant gaming option with thousands of titles, allowing you to explore different immersive themes spiced up with unique bonus features powering the excitement on the reels. BTC casinos like to partner with industry-leading software vendors such as Play’n GO, NetEnt, Pragmatic Play, Games Global, and IGT. You can play classic 3-reel games, modern 5-reel video slots, Megaways, progressive jackpots, and bonus buy titles. There are even dedicated Bitcoin games, built from the ground up for playing with Bitcoin stakes. There are also the innovative Provably Fair games that guarantee their randomness by being directly connected to the blockchain.
• Table Games: Bitcoin casinos feature all kinds of table games, but the staple games include blackjack, roulette, craps, or baccarat. There are multiple varieties within each game type, such as speed versions, multihand blackjack, or double ball roulette. You can find tables with betting ranges that can accommodate casual players and high rollers.
• Live Dealer Games: The live corner is usually more vibrant and sizable compared to the RNG table section. Nearly the same range of games is available, including blackjack, roulette, baccarat, and game shows, but hosted by polite and competent croupiers eager to chat you up. The tables are streamed from authentic casino scenery in high-definition video resolution.

Backup Payment Methods at Bitcoin Casinos

Online casinos strive to be as diversified as possible, and that attitude is reflected not only in the selection of games but also in the range of payment methods. We compiled a list of the most commonly encountered payment providers in online casinos.

• Mastercard: Reliable payment option available as a debit or credit card. The proprietary security measures safeguard your identity and funds. Additionally, you are not burdened with extra fees when using Mastercard for gambling.
• PayPal: The most popular digital wallet, renowned for safe and fast transactions in multiple fiat currencies. The only downside is its fees, which can be high.
• Skrill: Ranks as the second most popular e-wallet, offering a slick app, low fees, and the ability to handle large transaction amounts.
• Paysafecard: It’s a prepaid voucher, available in retail stores or online, providing anonymity and safe deposits.
• Ethereum: A popular cryptocurrency vying for the top spot with Bitcoin. The arguments for its popularity are fast transactions, unmatched privacy, and high-tech security features.

Bitcoin Gaming on the Go

Mobile gaming has become the industry standard, and Bitcoin casinos are happy to embrace this trend fully. Almost every operator utilizes a mobile-optimized website, allowing you to access the gaming content via your mobile browser on a smartphone and tablet. The in-browser experience is satisfactory and can be an adequate substitute for a dedicated casino app, which is a premium tool for gaming on the go.

The best casino sites invest in native iOS and Android apps, delivering fast load speeds and initiative navigation. You can elevate your casino journey with a casino app without worrying about the compatibility of games or payment options on mobile devices.

Advantages and Drawbacks of Bitcoin Casinos

Bitcoin-friendly casinos deliver smooth gaming experiences. There is a lot to like about these operators, but a fair assessment must include their shortcomings. Let’s unpack the positive and negative aspects of blockchain gaming with Bitcoin.

Pros

• High Level of Anonymity: There is no monetary trail that you are visiting a casino when betting with Bitcoin. The transactions are decentralized, and your bank or any government institution does not have insight into your online gambling activities.
• Low Transaction Fees: Bitcoin and some casino sites charge fees on transactions. The good news is that these amounts can be symbolic and represent a small price to pay for instant and secure transfers.
• Immersive Game Lobbies: The catalogue of games at Bitcoin casinos numbers in the thousands. Games from established and indie developers are available.
• Wide Range of Cryptocurrency Payments: Bitcoin is not the only accepted banking method. On average, you can perform transactions with at least 10 cryptocurrencies and a dozen fiat currencies.
• Mobile-Friendly: The convenience of playing from any location is integral to the Bitcoin casino experience and is facilitated by a responsive website of casino apps.
• Excellent Customer Support: Access to reliable assistance is of paramount importance to Bitcoin Casinos. You can benefit from professional and courteous agents happy to answer any question relating to the operator’s games or policies 24/7 via live chat and email.

Cons

• High Volatility of Bitcoin: The value of Bitcoin, and any other cryptocurrency, tends to fluctuate. Any change in regulations can impact Bitcoin and drastically erode the value of your winnings if the market takes a downturn.
• Small Withdrawal Limits: Crypto casinos tend to impose a relatively low payout cap on the maximum amount you can withdraw in one go or per month.
• High Playthroughs: The bonuses are generous at Bitcoin casinos and are frequently distributed, but most have a high wagering requirement of above 40x.

Final Thoughts

You don’t have to be crypto-savvy to try your luck at Bitcoin casinos. Even novice players can learn the ropes rather quickly. The advantages of using BTC involve maintaining better control of your transactions and enjoying instant withdrawals. In addition to that, most Bitcoin games have impeccable graphics and RTPs above the industry’s standard. Still, only open an account on casino sites with a transparent license issued by reputable regulatory agencies like the Malta Gaming Authority and similar.

Although they’re marketed as Bitcoin casinos, you don’t have to bet exclusively with Bitcoin. These sites usually operate and facilitate payments with a variety of banking methods. However, crypto casinos have some risks, especially if you are not experienced with cryptocurrencies and crypto wallets. If you decide to sign up with one of our recommendations, you can rest assured that your funds and private information will be safe and sound.