Cryptocurrencies today are firmly integrated into the online gambling industry and Bitcoin gambling is a new trend. The craze for electronic peer-to-peer payment systems in this area began a couple of years ago and before that only a small number of gambling services. Cryptocurrencies as a digital means of payment do not require the provision of personal data, allow to make payments much faster, do not limit the amount of the transaction, significantly reduce the lower threshold of payments.
Many professionals in this field, including owners of large gambling services, predict that soon cryptocurrencies will completely absorb the online gambling industry. This is also due to the fact that, in addition to the above features, cryptocurrencies and blockchain technology weaken the influence of regulators. They make their role less and less relevant for gambling services, freeing them from the impact of various government decrees, including those that block payment systems.
The advantages of cryptocurrencies and BTC betting in the industry are obvious, and more and more major players in this market are beginning to consider the use of this digital means of payment within their services on a permanent and mandatory rather than optional basis. Such a trend could not but lead to the emergence of various projects in this area.
Bitcoin gambling is a relatively new thing in the online casino industry. It is considered to be completely legal and unregulated in most parts of the world, thus making it a perfect option for players from all around the globe.
We have compiled a list of the best crypto casinos for Bitcoin gambling. Have a look at these casinos and if you are interested in more click the “Read More” button.
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
110%
Yes
300
9/10
Yes
FortuneJack Coin
100%
No
200
4/10
Yes
PlayAmo App
100%
No
130
8/10
Yes
Drops & Wins
100%
No
20+
9/10
Yes
Bonus on every deposit
100%
Yes
No
4/10
No
11 Bonuses
100%
Yes
100
6/10
Yes
5 Coins
100%
No
200+
9/10
Yes
4 Back-to-Back Bonuses
150%
No
50
9/10
No
TrueFlip Token, TrueLab Games
100%
No
100
8/10
Yes
Welcome Race
100%
No
200
7/10
Yes
Multilingual Platform
200%
Yes
25
6/10
No
Free Software
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
No
Multilingual Support
100%
Yes
No
6/10
Yes
Gift Card Giveaways
100%
No
60
2/10
No
Bitcoin Value Weekly Cashback
200%
No
No
1/10
No
FunFair games, FUN token
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
100%
No
250
6/10
Yes
VIP Program
For those who have never used Bitcoins before, you may be wondering and most likely you will have a question: why gamble with Bitcoin and replace fiat money such as dollars or euros with some incomprehensible currency, which can not even be felt? It is a very legit question, because like paper money Bitcoin and other cryptocurrencies exist only digitally. So what makes them so unique and attractive to customers? You may also ask why you would use Bitcoins for gambling.
These are reasonable questions, and we will try to explain them as best as possible.
Bitcoins can be purchased for a fiat currency, such as the US dollar, as well as for any other cryptocurrency. A lot of people think it is very difficult. it may seem intimidating, but it’s pretty easy to buy it anywhere in the world.
The easiest way to buy Bitcoin is to use an online exchange that supports a credit card payment and/or bank transfer. Naturally, it is recommended to use a reliable platform, before you start gambling with Bitcoin but there are many others if a particular service does not meet your needs.
Registering a Bitcoin wallet is an important thing. Most of the users use the Blockchain wallet because of its simplicity and authority. Registration is simple, and you can also use the mobile app available on Google Play for Android devices or in the App Store for Apple devices. So purchasing does not require a lot of effort.
Another important reason for interest in bitcoin is its decentralization. It does not depend on any government body, organization, or bank. In fact, bitcoin is completely anonymous.
Each transaction you make contains only information about the sender’s and recipient’s addresses. The address in this case is just a set of numbers and letters, it in no way discloses the user’s data. This means that when you gamble Bitcoin no one but you will know about your money and will not be able to tell you how to use it.
It’s the fastest currency to use when gambling, this is especially true when you want to withdraw as it takes a few minutes with BTC, while it may take days with traditional money.
The speed of transactions depends on several factors. It should be taken into account that all transactions should receive confirmation from miners in the Blockchain. If there are too many transactions in the check queue, your transaction may not be in the current block.
The speed of transactions is also affected by the size of the blocks. Currently, the size of blocks in the Bitcoin protocol can not exceed 1 MB, although many are trying to find a way that would allow circumventing this restriction. However, Blockchain gambling is another thing that protects users.
Each block can contain only a limited number of transactions. As a result, it takes longer to obtain confirmations, and the entire network slows down. Sometimes the speed of transactions depends on the blockchain operator you use.
Since its inception in 2009 Bitcoin managed to gain a foothold as the world’s most popular and used cryptocurrency. This in its turn had a direct impact on online casinos. Every crypto casino supports Bitcoin, making it the most versatile. Plus there are sometimes promotions for BTC deposits.
A lot of people wonder why BTC is still the most popular cryptocurrency in the world. What distinguishes Bitcoin and other digital assets? First of all, it is the first crypto in the world that revolutionized the financial market. Before 2009 none of the cryptocurrencies existed in the world and Bitcoin said “the first word” in the cryptocurrency market and online Bitcoin gambling. Furthermore, the use of blockchain technology and the opportunities provided by BTC make this digital currency a leader among crypto enthusiasts until now. In addition, the high value of this asset is of interest to people working in traditional markets.
At first gambling with Bitcoin may seem alien to a lot of people who are involved in the online casino industry. It is natural because the essence of crypto gambling carries a lot of peculiarities and features that are very hard to catch at a first glance.
Basically, there is no huge difference from the usual casino games. Everything works the same way but we should also note that the speed of transactions is visible. You do not have to wait for a lot of time for your funds to be available on your account.
We are going to talk about the main points concerning online gambling with Bitcoin which are:
Depositing on your crypto casino account is a simple job. Some people think it is a hard task to accomplish but nothing is very complex and all you have to do is to follow instructions.
First of all, you need to have a crypto wallet. It could be either hot or cold. Hot wallet cryptocurrencies are wallets with an active online connection i.e. the one that is directly connected to the Internet. A cold wallet is a wallet unconnected to the Internet.
The next step that is essential to do is depositing fiat money, which as we have already mentioned above is traditional money. It could be exchanged for BTC. In most cases, the commission fee does not exist, which means that you do not have to pay extra for conversion.
The next thing is copying a QR code or the BTC address of the casino. Of course, it is different in Bitcoin gambling sites. So you should pay thorough attention to this.
The final step is sending the payment and providing the verification ID. The steps that we have mentioned above may seem complex but once you do this in practice everything becomes simpler.
Depositing and withdrawing into a bank account takes up to three business days, and the bank can block the payment if it links it to the gambling site. But processing the transaction in cryptocurrency will take less than a minute. This is another huge advantage that Bitcoin gambling provides to customers. You do not need to wait for your money to be available in your wallet for a lot of time. Everything happens instantly.
To withdraw your Bitcoin earnings all you need to do is to have a verified Bitcoin wallet. As has been mentioned above it could be any wallet that you trust the most. BTC gambling sites can also offer their ones. Keep in mind that there are a lot of wallets that are dishonest and do not provide any kind of security.
Some casinos allow you to deposit BTC, but then expect you to exchange it into either their local token or into mBTC. It’s usually no commission to exchange. Because of the fact that numerous cryptocurrencies are created every time online casinos allow their customers to exchange them for the currencies that they want. It is not a surprising fact. Cryptos are very volatile and they change all time. Keep in mind that withdrawals will still work in BTC regardless.
At the same time, it is always a good idea to stay away from exchanging your currencies. Bitcoin is the most popular and prevalent cryptocurrency that exist in the world at the present time. It has the highest value. Always keep and maintain it as your main currency for BTC online gambling sites, even though you might want to exchange it for another currency
Of course, there is no such thing in the world that has only a positive impact. Gambling with BTC has its own advantages as well as disadvantages. Like in traditional money there are certain things that you should always keep in mind and we will explain them in details:
| Pros | Cons |
| Fast and Efficient Transactions | Riskier Than Fiat |
| Lots of Games | Low Variety |
| Potential to Make More Than with Fiat | Potential Unsafe Options |
| Counts as an Investment |
For the pros, we can say that it is the speed of transaction, the possibility of earning more, and a wide array of different games. We will go each one step by step.
One of the main risks of Bitcoin gambling is a high risk, limited choice of websites and potentially unsafe operators.
Bitcoin is rapidly growing and it is easy to use. Bitcoin is fairly considered the money of the future. It is destined to replace traditional fiat money sooner or later. Furthermore, if it is a crypto casino, then you can be sure that it will accept Bitcoin. Hundreds of casinos have already adopted Bitcoin as a method of payment.
Bitcoins are the safest form of online payment in the world. All transactions are 100% protected from hacking or identity and financial data theft. At the same time, any person always maintains anonymity during gambling with the help of crypto.
Bitcoin is a very volatile currency and it changes all the time. It gives players the potential to earn more money in the future. Apart from gambling with BTC, it is like an investment tool that is gaining a foothold in the casino industry.
Bitcoin can be withdrawn without additional commissions. Transactions are instant and you do not have to worry about the execution. Also, the minimum deposit in cryptocurrency online casinos is only 0.0001 BTC;
Bitcoin is a decentralized currency. Only the owner of a bitcoin wallet can control his crypto assets. The government cannot tax you.
As time goes more and more online casinos are adopting various cryptocurrencies to their platform. Some are entirely focused on playing with Bitcoin but also the ones that accept fiat money are determined to bring forward playing with cryptocurrencies to their users, which is a good trend
Developers are making more games that feature crypto and this is another huge advantage. These games have nice gameplay, a good atmosphere, and what’s more ease of using Bitcoins.
Bitcoin gambling allows you to play and receive winnings only in cryptocurrency. No other payment funds are allowed – only Bitcoins. However other cryptos are also becoming popular in the field of online casinos.
