Blockchain and cryptos in India are becoming more widespread these days than ever and Bitcoin casino India is gradually becoming the new norm in the country. The decentralized currency offers transactions that are safe and fast, without breaking the bank. For this reason, it has been an excellent addition to Indian online casinos. Cryptos are not considered legal tender in the country but are recognized for exchanges, although the government has strict regulations on the digital currency. And those who make profits from Bitcoin casino activities are required to pay taxes. And a lot of new gambling platforms are joining the bandwagon, offering the possibility of deposit and withdrawal using Bitcoin to players and other cryptos as well.
In India, the number of Bitcoin casinos that accept Indians casinos is fast-growing and a lot of players who are tired of lengthy fiat casino processes can get their wish – to bet using BTC online. However, online gambling in most parts of the country is illegal and there are only a few regions in the country that the activity is allowed in. They include Goa, Daman, Sikkim, and Kerala. It is quite exciting to bet with Bitcoin, and in this article, we will talk about the overview of Bitcoin casinos in India, all the information you need concerning regulations of Indian online casinos, how Bitcoin gambling sites function, and the benefits that come with it.
There are four states that can guarantee the complete legality of Bitcoin gambling in India. They are:
However, Indian authorities are considering the legalization of Bitcoin gambling in many more regions in the country, since most regions are still very inactive in this regard.
Are you looking for the top Bitcoin casino for Indian players available in the country? Check these few brands in India we have tested to compile this best Indian Bitcoin casinos guide, their games, and bonuses. Click “Start Playing” to visit the casino, or “Read More” for detailed information about the brand.
100%
Yes
No
8/10
Yes
Weekly Jackpot
120%
Yes
No
6/10
No
eSports
180%
Yes
1 Lucky Free Spin
3000+
Yes
Task Hub
100%
Yes
25
2000+
Yes
Free Crypto Faucet
110%
No
300
9/10
Yes
mBit races
100%
Yes
Yes
8/10
Yes
Card Collection
100%
No
150
9/10
Yes
Giveaways
100%
Yes
No
9/10
No
60+ Markets in-play
100%
No
200
4/10
Yes
PlayAmo App
100%
No
130
8/10
Yes
Drops & Wins
200%
No
15
1000+
No
Daily Bonuses
100%
Yes
100
6/10
Yes
5 Coins
100%
No
200+
9/10
Yes
4 Back-to-Back Bonuses
100%
No
100
8/10
Yes
Welcome Race
150%
No
50
9/10
No
TrueFlip Token, TrueLab Games
100%
Yes
No
4/10
No
11 Bonuses
100%
No
200
7/10
Yes
Multilingual Platform
200%
Yes
25
6/10
No
Free Software
100%
Yes
No
7/10
Yes
Sit & Crush Bonus
No
No
No Free Spins
10
Yes
Faucet Bonus and Rainbot Feature
100%
Yes
75
2/10
No
3 Welcome Bonuses
100%
Yes
No
6/10
Yes
Gift Card Giveaways
100%
Yes
No
6/10
No
Multilingual Support
100%
No
190
3/10
Yes
The Big Bet Battle
100%
No
60
2/10
No
Bitcoin Value Weekly Cashback
Yes
Yes
Yes
1300+
No
Yes
No
Yes
No
6/10
Yes
Fantasy Sports
110%
Yes
No
3/10
Yes
Virtual Sports
Yes
Yes
No
6/10
Yes
Fast Deposits
100%
Yes
10
1/10
Yes
Sportsbook
255%
No
112
1/10
No
Daily Deal Bonus
Yes, you can legally play on Indian Bitcoin Casinos, but only in the regions that permit online casinos. There are no laws that prohibit Bitcoin in the country and just like most countries, India is crypto-friendly. Since it is traded and owned publicly, they are not attached to any government systems or central banks. Before now, the country would have opted for a ban of cryptocurrencies, however, seeing how the sector is getting more widespread, they changed their minds. According to the Payment Settlement and Systems Act, the Reserve Bank of India is allowed to regulate, screen, and also block certain payments if need be. Nevertheless, it is impossible for them to block Bitcoin since the currency is decentralized and India does not have any laws that bar residents from the use of the currency.
Here’s a list of all Indian states and their approach to regulating gambling in its many forms.
| State | Legal | Exception |
| Andhra Pradesh | ✕ | Horse Racing/Lottery |
| Arunachal Pradesh | ✕ | ✕ |
| Assam | ✕ | ✕ |
| Bihar | ✕ | ✕ |
| Chhattisgarh | ✕ | ✕ |
| Goa | ✓ | ✕ |
| Gujarat | ✕ | ✕ |
| Haryana | ✕ | ✕ |
| Himachal Pradesh | ✕ | ✕ |
| Jharkhand | ✕ | Lottery/Card Games |
| Karnataka | ✕ | ✕ |
| Kerala | ✓ | ✕ |
| Madhya Pradesh | ✕ | Horse Racing/Rummy |
| Maharashtra | ✕ | Rummy/Online Poker |
| Manipur | ✕ | ✕ |
| Meghalaya | ✕ | Teer |
| Mirozam | ✕ | ✕ |
| Nagaland | ✕ | Online Poker/Rummy |
| Odisha | ✕ | ✕ |
| Punjab | ✕ | Lottery |
| Rajasthan | ✕ | ✕ |
| Sikkim | ✓ | ✕ |
| Tamil Nadu | ✕ | ✕ |
| Telangana | ✕ | Lottery/Rummy/Horse Racing |
| Tripura | ✕ | Horse Racing |
| Uttar Pradesh | ✕ | ✕ |
| Uttarakhand | ✕ | ✕ |
| West Bengal | ✕ | Online Poker/Rummy |
| Daman | ✓ | ✕ |
There are no clear-cut regulations for cryptocurrencies in India, although the government is making some considerations in this regard. Early in 2020, there was a three-judge bench case with the Reserve Bank of India, when the bank filed a case to ban any entities in the country that deals in or want to start completing transactions in cryptocurrency. This case ended with the judges ruling against the ban. Leading to the advent of crypto currency casinos in India. Although this left participants in the industry more optimistic, they feared that this situation will move cryptos into a gray area, with a lot of complications that cannot be overlooked by businesses. However, the world’s looking forward to the Indian government to set up a dynamic that fits the current new age, that has a totally technology-driven business environment, and to adopt a regulatory approach towards the crypto framework. Thus policymakers in India are thinking of regulating the sector.
Yes. There are many varying benefits that come with some of the best Bitcoin casino in India. Most of these benefits are in regard to the transactions themselves, while the rest are additional benefits that come with the use of this system as a method of payment for online gambling sites in India. And all these are combined to form a great online gambling experience for users. One feature of Indian Bitcoin casinos is the aspect of security and anonymity. Blockchain technology provides a safe and secure transaction for its clients that attract more and more users on a daily basis. And what is more for gamblers than betting anonymously? This is one feature of Bitcoin gambling that exceeds the performance of standard fiat casinos. Besides these, it also provides a level of transparency that helps users effectively conduct transactions and there are several Indian Bitcoin casinos reviews that explains exactly that, including this one. See the main benefits of BTC casino India, below.
| Fiat | Crypto | |
| Transaction Speed | 24-48 Hours | Instant |
| Commission | 1.4% | 0% |
| Withdrawal Time | 3-4 business days | Instant |
| Privacy | Not Protected | Protected |
In modern times, cryptos are a major investment and are currently revolutionizing fiat systems. For a very long time, financial payment systems have been characterized by inadequacies and long wait times. And digital currencies have emerged in an effort to solve these problems. That is why most gamblers in India are now drifting more towards Bitcoin casinos online, than fiat casinos because of how fast it is for transactions to be completed. The average speed of the transaction of top crypto casinos in India is calculated at 15.8 minutes. Unlike the 3-7 business days with bank transfers or with an average of 24-48 hours with a MasterCard or a Visa. More and more industries are starting to use Bitcoin and other cryptos for payment due to their ease of use and instantaneous transaction processing time. That is why crypto casinos are on the fast track of taking over the casino world.
The standard fiat transactions and foreign purchases usually involve a commission and or exchange cost. But with Bitcoin, there are no commissions for transactions. Since the transactions of Bitcoin have no centralized institution, government involvement, or any intermediary institution, the transaction costs for crypto casinos for Indians are typically free but can be taken on if a faster process is requested. Many standard casino players can’t say as much. Mostly, these transactions are either deposit or withdrawal transactions, and with fiat casinos, players pay 1-5% commission, while with Bitcoin transactions, players are not required to pay any commission.
Most cryptos will be sent immediately after your transactions have been approved. With the use of blockchain technology, your withdrawals are processed and broadcasted on the system immediately. Although withdrawals are not always instant, this is only the case with big cryptos like Bitcoin that at times take up to an hour for withdrawal transactions to be processed. This is what is good with online Bitcoin casinos in Indian. Most tokens are automatically processed and can take just a few minutes. However, fiat, wire transfer, or withdrawals with the use of credit or debit cards take longer than just a few hours. Processing time with such fiat transactions take between 5-7 business days. For this reason, many gamblers are now choosing to bet with Indian Bitcoin casinos, rather than the standard fiat casinos.
Transactions with Bitcoin are anonymous. The transactions of individuals with top Indian Bitcoin casinos cannot be associated with their personal identities unless they publish their deposits or withdrawal transactions. Unless it is a fiat transaction, purchases with Bitcoin are very discrete. And each anonymous address generated for a user changes according to each transaction. This does not mean that Bitcoin transactions are totally untraceable or completely anonymous, but they are hardly linked to an individual’s identity like the traditional methods of payment. All a player needs to do is enter the wallet address provided and the amount you want to withdraw or send. This is the only data that the blockchain collects and publishes. This process will not require anything like a billing address or a bank account.
| Fiat | Crypto | |
| Tax | 0% | 0-20% |
| Exchange | Not Required | Required |
| Risk | Low | High |
| Variety of Casinos | High | Low |
In India, a lot of digital currencies are in the gray area. In 2017, the Indian government took strong measures on the crypto market in the country. And these measures anticipated attracting a lot of taxes for the administration. Many crypto dealers in the country got notices from taxmen. The reps of the top Bitcoin exchanges of India got in contact with the Authority for Advance Ruling because the existence of this sector is a little uncertain. And it didn’t come in as a surprise when the Reserve Bank of India in 2018 placed a ban on crypto organizations. Although many other countries are a little relaxed when it comes to taxation rules with Bitcoin casinos, the best Bitcoin casinos in India are not tax-free and are required to pay an average percentage of 0-20% tax on their crypto wins. All capital gains are taxable. For example, you deposit 1 BTC worth 10k, and you withdraw 11k and if you declare taxes on the amount, you are liable to paying tax on the amount.
The exchange rates of BTC/USD fluctuates a lot, and Bitcoin gambling in India is challenged by this. The reason for this is because if a company does not work entirely on Bitcoin, then using it for international transactions will incur additional foreign exchange risk for both ends of the transaction. Indian gambling sites require those with fiat to exchange their currency to place bets and those with cryptos exchange it to get fiat for local use since cryptocurrencies are not considered legal tender in the country. These exchanges come at an additional cost. Because Bitcoin exchanges are very volatile so the exchange rate at which a player gets a Bitcoin could vary from the exchange rate at which it is converted to fiat. Making it possible for both to face large potential losses due to bad exchange movements.
Using Bitcoins for your casino transaction is all good with the discretion and security until the price fluctuations start happening. The future is digital and there is no better way to get transactions completed faster than with cryptocurrencies, but when it comes to volatility, it is so high that one minute you could be winning and the next you are losing a substantial part of your money. This is one of the major disadvantages of using Bitcoin as a method of payment.
Blockchain is a new technology, and although it is very widespread in other sectors, it is only now getting introduced to the gambling sector. For this reason, online gambling sites in India are not that many making the variety of choices somewhat limited. At times it is easier to bet with fiat because it is more widespread than Bitcoin. Not everyone has a Bitcoin wallet and it makes the process of betting with crypto casinos more lengthy if you don’t have an account. At times players just want to avoid all these processes and stick to regular casinos where there is a variety to choose from. Which one of the main reasons why crypto casinos in India are still few.
Yes, there are a whole lot of Indian Bitcoin casinos with bonus offers that provide their users with the chance to earn Bitcoin bonuses. To be eligible for a welcome bonus, users are required to sign up and make their first deposit. Also, when clients become regulars on online Bitcoin casinos in India, there is a chance for them to earn exclusive Bitcoin bonuses and many other promotions. A majority of Indian Bitcoin casinos offer various types of bonuses that players can claim. They offer welcome bonuses, no deposit bonuses, deposit bonuses, free spins, and a whole lot more.
There are many reasons why conducting your casino payments through Bitcoin is a good deal. With an Indian Bitcoin casino deposit bonus, the amount that is deposited in your account is taken and a percentage added to the player’s bankroll. This is what dictates how much is required to be deposited so that they can receive the maximum bonus. This can occur during your first deposit or your upcoming deposits according to the rules.
One of a player’s first interaction with a casino site is through a no-deposit bonus. Bitcoin casino India no deposit bonuses are common among casinos and players. For players to be eligible for this bonus, they need to simply register for an account with a casino and are often rewarded with tokens or free spins. Which often limited to certain slots that might be valuable for players who want to earn extra money.
A lot of Bitcoin casinos in India offer free spins to players in order to draw in new slots players. A majority of the free casino spins offers to sign up promotions through a deposit bonus. Free spins bonuses have proven to be the best way through which casinos use to attract new clients. They get the chance to try out new slots with the possibility of winning real Bitcoin as a bonus for their next spin. If you are a smart player, or even lucky, you can use such promotions to bankroll and establish it by using free spins without the requirement of a deposit. However, the conditions for free spins vary from casino to casino.
In a few words, Indian Bitcoin casinos are quickly becoming very popular among players, and although regulations for it are still in a gray area, there are four regions where crypto casino players are guaranteed 100% legality in Bitcoin casino activities. They are Daman, Goa, Sikkim, and Kerala. A lot of Bitcoin casino players benefit from features like fast transaction speed, commission-free payments, quick withdrawal time, and privacy. Although these come with their own shortcomings, Indian Bitcoin casinos are making waves online and new players are getting signed up to such platforms, despite there being only a few varieties of Bitcoin casinos in the country to choose from. Nevertheless, just like regular fiat casinos, Bitcoin casinos offer their users a variety of bonuses which gives them the opportunity to either earn real money or complimentary slots.
| Pros | Cons |
| Fast Transactions | Tax |
| Withdrawal Time | Tedious Exchange |
| Privacy | High Risk |
| Play From Anywhere | Low Variety of Platforms |
Just like in other sectors, there are a lot of risks involved in gambling, and the risk is even higher gambling in Bitcoin which is so volatile. A lot of individuals have encountered health problems as a result of losing it all to gambling. Our advice to current or aspiring gamblers will be to play safe.
