Why You Should Switch To Crypto Gambling

Everyone who has ever searched for online casinos on the internet would have probably found tons of cryptocurrency gambling websites. No wonder why because crypto gambling is becoming a more and more popular form of gambling. The reason is simple – playing crypto games, make transactions receiving bonuses in cryptos has so many advantages towards using traditional payment methods. Cryptocurrency gambling is a very popular activity nowadays for gamblers. Most of the players acknowledge the number of benefits they can get by using cryptos in the online gambling industry and this is why casinos that accept cryptos are becoming increasingly popular.

Crypto casinos are focused mainly on Bitcoin but there are many casinos that accept different cryptos as well, such as Ethereum, Litecoin, Dogecoin, and many more. Besides, some of the casinos choose to be hybrid types and accept both fiat currencies and cryptocurrencies to make their service more convenient for the customers. People find cryptos more attractive than fiat currencies because blockchain technology is completely decentralized and is not governed by authorities. Therefore, players can easily take part in crypto gambling without any concerns that somebody would detect what activities they participate in and how they spend their money in the online gambling industry.

crypto gambling websites crypto gambling websites

Thanks to cryptos, players can make absolutely anonymous transactions and be sure that nobody has access to their personal information. Unlike ordinary fiat casinos, crypto casinos are a great option for players due to the anonymity aspect, great choice of online game variations with zero transaction fees, and besides, with cryptos, there are unlimited free daily transactions most of the time.

If we look at the recent growth of BTC, probably this casino will become even more popular because nowadays people consider Bitcoin as an investment. In recent years, the price of Bitcoin has been rapidly growing. In January 2020 BTC price was just above $7100, but it didn’t stay down for long, and by mid-February, it was already up to $10 2000. Of course, it was a very positive thing for crypto gambling sites. Now as December 2020 metrics show, the average price of one bitcoin is approximately $19 000. This means that people will continue to buy BTCs which they see as an investment and therefore, the number of crypto-gamblers will grow even more.

Crypto gambling is a relatively new term in the casino world. It implicates the option to use coins like Bitcoin, Ethereum, and others to deposit and withdraw funds on online casinos. It is generally legal all over the world and acts as the most transparent wagering platform today.

The Best Crypto Gambling Sites Today

As you can see, cryptocurrency gambling is becoming increasingly popular in the entire online gambling industry. There are plenty of online crypto casinos on the internet nowadays but not all of them are reliable. This is exactly why we decided to review all these casinos in detail so that you will have a chance to find out everything about these crypto gambling sites. So, look at the table below carefully, check these crypto casinos, and don’t forget to register in order to gain your bonuses!

BitStarz

BitStarz Review – Is This Casino Good?

Deposit Bonus

100%

Sports Betting

No

Free Spins

150

Games

9/10

Vip Club

Yes

Unique Feature

Giveaways

mBit

mBit Casino Review – Top BTC Casino

Deposit Bonus

110%

Sports Betting

No

Free Spins

300

Games

9/10

Vip Club

Yes

Unique Feature

mBit races

PlayAmo

PlayAmo Review – A Perfect Global Crypto Casino

Deposit Bonus

100%

Sports Betting

No

Free Spins

200

Games

4/10

Vip Club

Yes

Unique Feature

PlayAmo App

FortuneJack

FortuneJack Review – A Pioneering BTC Casino

Deposit Bonus

110%

Sports Betting

Yes

Free Spins

300

Games

9/10

Vip Club

Yes

Unique Feature

FortuneJack Coin

BAOcasino

BAO Casino Review – 1500+ Games!

Deposit Bonus

100%

Sports Betting

No

Free Spins

130

Games

8/10

Vip Club

Yes

Unique Feature

Drops & Wins

7bit

7Bit Casino Review – Things to See and Games to Play

Deposit Bonus

100%

Sports Betting

No

Free Spins

100

Games

8/10

Vip Club

Yes

Unique Feature

Welcome Race

TrueFlip

TrueFlip Review – Classy Dolphin Casino

Deposit Bonus

150%

Sports Betting

No

Free Spins

50

Games

9/10

Vip Club

No

Unique Feature

TrueFlip Token, TrueLab Games

Betchain

Betchain Casino Review – A Casino With The Most Partners

Deposit Bonus

100%

Sports Betting

No

Free Spins

200+

Games

9/10

Vip Club

Yes

Unique Feature

4 Back-to-Back Bonuses

Bitcasino.io

Bitcasino.io Review – Licensed and Reliable BTC Casino

Deposit Bonus

100%

Sports Betting

Yes

Free Spins

100

Games

6/10

Vip Club

Yes

Unique Feature

5 Coins

Unique Casino

Unique Casino Review – Is It Really That Different?

Deposit Bonus

100%

Sports Betting

No

Free Spins

20+

Games

9/10

Vip Club

Yes

Unique Feature

Bonus on every deposit

King Billy

King Billy Casino Review – Awards Galore

Deposit Bonus

100%

Sports Betting

No

Free Spins

200

Games

7/10

Vip Club

Yes

Unique Feature

Multilingual Platform

Bitcoincasino.us

Bitcoincasino.us Review – A Place Designed for Americans

Deposit Bonus

100%

Sports Betting

Yes

Free Spins

75

Games

2/10

Vip Club

No

Unique Feature

3 Welcome Bonuses

Avalon78

Avalon78 Casino Review – Level Up in this Casino!

Deposit Bonus

100%

Sports Betting

No

Free Spins

190

Games

3/10

Vip Club

Yes

Unique Feature

The Big Bet Battle

Bspin.io

Bspin.io Review – A Fully Bitcoin Powered Casino

Deposit Bonus

100%

Sports Betting

No

Free Spins

60

Games

2/10

Vip Club

No

Unique Feature

Bitcoin Value Weekly Cashback 

CasinoFair

CasinoFair Review – A Blockchain-Friendly Platform

Deposit Bonus

200%

Sports Betting

No

Free Spins

No

Games

1/10

Vip Club

No

Unique Feature

FunFair games, FUN token

KingBit

KingBit Casino Review – A Fully Crypto-Powered Casino

Deposit Bonus

110%

Sports Betting

Yes

Free Spins

No

Games

3/10

Vip Club

Yes

Unique Feature

Virtual Sports

CryptoThrills

CryptoThrills Casino Review – A Small But Worthy BTC Casino

Deposit Bonus

255%

Sports Betting

No

Free Spins

112

Games

1/10

Vip Club

No

Unique Feature

Daily Deal Bonus

Betcoin.ag

Betcoin Casino Review – A Casino and Sportsbook in One

Deposit Bonus

100%

Sports Betting

Yes

Free Spins

10

Games

1/10

Vip Club

Yes

Unique Feature

Sportsbook

TeleVega

TeleVega Casino Review – A Self-Proclaimed People’s Casino

Deposit Bonus

100%

Sports Betting

No

Free Spins

250

Games

6/10

Vip Club

Yes

Unique Feature

VIP Program

BitcoinCasinosReviews may earn when you click the links, check affiliate disclosure statement for more details

Is Crypto Gambling Legal?

Usually, players want to find out whether they have a legal right to gamble with cryptos or not. Sometimes online gambling can rise certain problems if a casino doesn’t have a legal status to operate, and with cryptos, things can be even more complicated. Even though cryptocurrency is accompanied by lots of advantages, this digital money isn’t even considered legal tender in many countries. Gambling with cryptocurrencies is considered legal by most jurisdictions in the world. Don’t be worried if you can’t find any information on the internet about the legal status of cryptos because generally, there are no specific laws that regulate crypto gambling. But just like this, in the majority of jurisdictions, you can’t find anything about prohibiting crypto gambling. Therefore, using cryptocurrency for gambling is neither officially allowed, nor restricted and this means that crypto gambling can be regarded as legal.

gamble with cryptocurrenciesSo, most of the players can openly take part in crypto betting sites as nothing is written in the low against this activity. However, there are some exceptions. Gambling with cryptos is indeed illegal in those countries where cryptocurrency is itself illegal. For example, Bolivia, Bangladesh, Macedonia, Nepal. and Ecuador is among those countries that declared BTCs illegal. But people can easily find legal options as well. You can check availability in a few countries we’ve researched. BTC  gambling is considered completely legal in the USA, Australia, New Zealand, and many other countries.

What is even more important is that the attitude towards Bitcoin is slowly changing. Some authorities already realized that Bitcoin gambling can be very beneficial for their economies which is why more and more countries are looking at cryptocurrency gambling positively and discussing regulating blockchain-based services. Although BTC is not still regarded as a real currency, and governments clearly prefer fiat money, the situation may change in the near future.

Which Coins Can I Use?

Currently, there are thousands of cryptos to use, and even more, are in the process of establishment. All these tokens are used as payment methods, people consider them as an investment but one of the most widely spread usages of cryptos is indeed for the online gambling industry. Players have the possibility to find casinos of different types and different services that accept a number of cryptos. While some online casinos accept only BTC, others have multicurrency options and accept several leading cryptos at the same time. Even more, some crypto casinos acknowledge the benefit of having their own coins which is why you can find casinos that have created their own crypto tokens to increase the advantages received from betting on cryptocurrency.

However, not all cryptos are equally popular and equally beneficial for online gamblers. Some of them are clearly better to use in online casinos than others. Some of the major cryptos that are accepted by most of the popular online casinos are the following:

Bitcoin is the most popular crypto in the whole world of digital currencies. Currently, it;’s an integral part of the entire online gambling industry and is considered to be completely legal in most parts of the world. This is one of the reasons why it’s really a perfect option for players all over the world.

Litecoin is just a newly established cryptocurrency which already gained great attention from casino users. Gambling with LTCs is a smaller part of the crypto industry compared to BTCs, but thanks to its anonymity, immediate transactions, and low fees, it’s considered one of the best options to use for cryptocurrency betting.

Ethereum is another great decentralized digital currency that is based on its own Ethereum system. Ethereum blockchain is the main reason why gambling with ETHs is more accepted by authorities compared to other cryptos. Gambling-related transactions can be made immediately and completely safe using this cryptocurrency.

One more great option to gamble with cryptos is to use Dogecoins. It’s among the most advantageous ways to gamble with cryptos because just like other coins, DOGE has so many benefits, like anonymity, and fast transactions. Moreover, DOGE is considered the most reliable crypto of all. Therefore, online casinos often have DOGE as an option to make deposits and withdrawals on their platforms.

What Can You Play With Crypto?

Most of the leading online casinos that accept cryptocurrencies have so many games where players have a chance to spend their cryptos. What is even more important, some of these crypto gambling websites offer the customers their own crypto games. Gamblers have diverse options for games to play with crypto. You can find different slots games where you can gain benefits using cryptos, or live casino games where actual dealers help users to deposit and withdraw money. You can also take part in crypto betting and get benefits when the price of cryptos increase. Let’s discuss these options separately.

Slots

cryptocurrency gambling websitesSlots are indeed the most popular type of casino game. Every single online casino has plenty of slots on their game library because sometimes players decide whether or not it’s worth gambling on this website based on the provided slots, their quality, and their diversity. Crypto casinos usually provide certain kinds of slots where players can spend their cryptos. Currently, BTC slots are trendy among players all over the world, and millions of players enjoy to gamble with cryptocurrencies.

Most of these BTC slots are created by the world’s leading software providers, such as BetSoft, Habanero, Endorphina. These operators play an important role in advancing the crypto gambling industry because they create high-quality crypto slots with amazing visuals, graphics, and music. The demand for BTC slots is increasing even more but in order to make sure that they play in a correct manner and avoid confusion, sometimes players try to search for guides to play BTC slots. So, if you are not sure how to play BTC slots, we suggest to check our guide on slots and follow the step by step guide. There is no big difference between ordinary slots and BTC slots, but the benefits received from crypto slots can be treated if you play correctly.

Live Games

betting on cryptocurrencyLive casino games are one of the most attractive features of online casinos. While some casinos don’t provide live games, those where gambling cryptocurrency is allowed, give players chances to find an entire section for live dealer games in the game selection of top crypto casinos. The live crypto game library is just a new addition to the online gambling industry but it quickly became very popular because players usually admire experiencing a real casino atmosphere. This is why they enjoy using their BTCs or other cryptos while playing Roulette, Blackjack, Baccarat, Poker, or any other live casino games.

The leading software providers work hard to create special live casino games for crypto users in order to make their experience even more exciting. Among these providers are BetGames, Dream Gaming, Evolution Gaming, and many more. If you want to find out more about Bitcoin live casino games, we suggest to check our live games guide and see how they work and how much players can bet on these games. The industry of cryptocurrency gambling continues to develop quickly and effectively which means that players will have an opportunity to take part in even more Bitcoin live casino games in the near future.

Betting

blockchain sports bettingAlthough sports betting is not the feature of all the online casinos, there are so many excellent online gambling platforms that are completely focused on sports betting. Placing bets using cryptocurrencies can be an even greater experience. Crypto sports betting can be a very fast and flexible activity, not to say anything about its convenience for users. Bettors enjoy using cryptos while making bets on different kinds of sports because they have better security with each transaction.

If you wonder whether it’s legal to bet with cryptos, the answer is positive in most countries because nothing is said in the law about restricting placing bets using cryptos. Using Bitcoin, Ethereum or other cryptos for betting transactions is very convenient because blockchain sports betting lets players take part in online casino activities with almost perfect anonymity. Besides, the value of cryptos is rising quickly, so when you place bets it may rise before the sports event is over, and you may get even more benefits with the increased price of BTC or other cryptos.

Pros And Cons of Gambling With Crypto

As we already said, gambling with cryptocurrencies is related to so many benefits and advantages compared to traditional payment methods and fiat currencies. However, gambling with cryptos is not without some risks and there are also certain disadvantages. Let’s see what are the pros and cons of gambling with cryptos.

Pros

Cryptocurrency is a completely decentralized currency and all of the advantages of this digital money are produced exactly from not being governed by the central bank and or any authorities. When it comes to online gambling, safety and security are some of the most important aspects for players. That’s exactly why players choose crypto gambling sites. The main advantage of these platforms is guaranteed privacy, fairness and transparency, and quick transactions.

blockchain sports betting

Fast Transactions

The speed of transactions is a very important factor for online gamblers. Some casinos don’t provide a very good banking system and making deposits and withdrawals sometimes takes several days to be conducted. Needless to say that players can’t be happy with the fact that their transactions should be verified by the banks and only after then will they have an opportunity to start playing and receive their bonuses. But with crypto betting, things are completely different.

One of the most attractive advantages of crypto gambling sites is indeed fast transactions. Cryptocurrency transactions are quicker than fiat transactions and besides, these transactions provide increased security. The main contributor to the speed of crypto transactions is the blockchain technology that allows players to withdraw their funds at lightning speed. Typically, it takes just several minutes or less to receive funds which makes betting cryptocurrency very convenient for online gamblers.

Anonymity

cryptocurrency for gamblingThe player usually likes to choose cryptocurrencies as a payment option because cryptos provide a high level of anonymity. This means that gambling with cryptos is completely private and nobody can detect any of your activities including what transactions you made or which games you played. Although BTC transactions are not 100% anonymous, there are many other cryptos that provided guaranteed privacy. Therefore, players can be sure that no third party will get access to their personal information and banking details and especially if a casino provides several cryptos to gamble with.

 

Transparency

crypto gambling sitesAnother important thing for players to gamble online is fair game. Nobody wants to take part in an online gambling website if they are not sure that their gains will be fairly placed on their digital account. With crypto gambling, it’s not really a problem because the nature of blockchain technology guarantees fair play. Betting on crypto gambling websites is very favorable because every single user has an opportunity to check if the outcome of the game was determined by random numbers. Blockchain is an absolutely transparent technology and none of the crypto casinos have any control over the outcome of players’ bets. This is why more and more players are getting involved in the crypto gambling industry nowadays.

Cons

However, crypto gambling is not without disadvantages. There are some downsides of betting with cryptos as well, including the fact that cryptos are volatile in nature and they carry certain risks. This is why sometimes players refuse to take part in crypto gambling.

Risk

gambling cryptocurrencyTaking part in crypto betting activities can be quite risky. First of all, the attitude of authorities and society towards cryptos is not really favorable. These currencies are completely digital and nothing tangible which is why sometimes players are worried whether or not to make transactions using cryptos on crypto gambling sites. Besides, another risk is associated with the legal status of cryptos. Although cryptos are not restricted by law in many countries, neither they are considered legal money which is why players need to be careful not to be detected by authorities that they use cryptos in order to take part in online gambling. Popular crypto casinos have certain policies to avoid these risks and try hard to ensure that their players feel safe while gambling online on their platforms. One of these policies are the Responsible Gambling guidelines in most cases.

Volatility

betting cryptocurrencyAnother disadvantage of gambling with cryptos is their volatility. BTC and other cryptos are widely known for their volatile nature. It means that the price of BTC can change unexpectedly and rapidly. Cryptos can easily rise and fall and as a result, players who own cryptos are at the risk of seeing their value drop significantly at any time. The volatile nature of cryptos often worries players to gamble with cryptocurrencies and this is one of the reasons why they refuse to take part in crypto gambling sometimes.

However, volatility is not an absolutely negative factor and it can be both a pro and a con at the same time. Volatility means that the price of crypto can not only drop, but it can also rise quickly and suddenly. Therefore, players can gain even more benefits with the rise of its price instead of losing their funds.

Are There Other Perks?

Although we already discussed the main mechanisms of gambling with cryptos and its accompanied advantage,s it’s not everything. There are some other perks as well and these are bonuses and exclusive crypto games.

Deposit Bonus

crypto gamblingCrypto casino gamblers have lots of possibilities to take advantage of deposit bonuses. Usually, the deposit bonus is an integral part of the welcome bonus. Crypto casinos provide chances to get a favorable amount of BTCs after making the first deposit bonus. There are plenty of excellent crypto gambling websites that offer great deposit bonuses and offer players to get up to 5 BTC or more by just making the first deposit. And unlike other casinos, which usually offer 100% bonus, in crypto casinos players can get even 200% or more deposit bonuses. For this, you have to just take part in BTC games and make deposits before playing.

 

No Deposit Bonus

cryptocurrency bettingProbably, you are aware of the fact that no deposit bonus is even more favorable than a deposit bonus. This means that you don’t even need to make a deposit in order to claim a bonus. Most of the top crypto casinos provide no deposit bonuses and these bonuses vary from 0.0001 BTC to 1 BTC. Although each of them is accompanied by wagering requirements of x35, x40, or something like this, you can still easily get no deposit bonus as meeting the wagering requirement is nothing difficult.

Some of the crypto gambling sites that have the most attractive no deposit bonuses are ForutuneJack, BitStarz, and 7Bit. But in order to take advantage of these bonuses, most of the time you need to use certain promo codes. That’s why we recommend reading this guide in order not to lose the chance to get a no deposit bonus while gambling with cryptos.

Exclusive Games

cryptocurrency gamblingAnother great part of gambling with cryptocurrencies is definitely exclusive games created especially for crypto users. There are a great number of Bitcoin games. While the majority of crypto casinos provide ordinary casino games as well, some of them have special categories of BTC games. These Bitcoin games give players chances to get even more benefits and increase their games by just playing amazing slots games, table games, like blackjack, baccarat, poker, and many more. Some leading software providers like BetSoft or Evolution Gaming even create live casino BTC games. All of these games are extremely popular nowadays in the cryptocurrency gambling industry and as a result, the companies work hard to produce even more BTC games.

 

All In All

To sum it all up, we can say that taking part in the cryptocurrency industry can be very favorable for every single player worldwide. These days, the majority of sites require players to use traditional currencies to place bets, but more and more crypto casinos are established and chances that you will get plenty of benefits by just taking part in this crypto is gambling platforms rise every day. As the price of BTC and other cryptos continues to rise, gambling with cryptos becomes more and more advantageous.

So, you can take advantage of guaranteed anonymity, fast transactions, or a great variety of BTC games and take part in the crypto gambling industry in which you will be the only one that controls everything. You can openly play BTC slots or participate in blockchain sports betting and be sure that your funds are protected and nobody has access to your personal information.

FAQ on Crypto Gambling

Is cryptocurrency the safest way to gamble?

Yes! Cryptocurrency is definitely the safest way of gambling nowadays. Using cryptos such as Bitcoin, Ethereum, Litecoin, etc is much safer compared to fiat currencies. Players who use their bank accounts or PayPal information share their personal details to some authorities. Unlike this, cryptos are completely decentralized currencies meaning that they’re not regulated by the government or central bank. While you make transactions using cryptos, nobody has access to your personal information and banking details. Therefore, the government can’t detect which games you play and how you make deposits. Blockchain technology makes sure that gamblers can play safely and the game is completely transparent and fair.

Cryptocurrency gambling and privacy

Privacy is one of the most concerning matters when it comes to online gambling. However, cryptocurrency gambling websites make sure that players can place bets, make deposits, and withdraw money absolutely anonymously.  The most attractive advantage of blockchain technology is that it’s completely confidential. Using cryptos as a payment method on online casinos require opening an electronic wallet. Players are the only ones who can access their personal details on this e-wallet. Not even the casino can detect how they make money transactions. Therefore, data privacy is a guarantee if you make transactions using cryptos, and your funds are extremely protected on crypto platforms.

What proportion of cryptocurrency is attributed to gambling?

Around, 10% of daily BTC transactions are gambling-related. Considering the amount of other online casinos, which are not crypto-related, this is a very big number. This means that more and more people are getting involved in crypto gambling sites and this is not very favorable for those online casinos that don’t accept cryptos on their platforms. Besides crypto gambling, people use BTC and other cryptos as a payment method in e-commerce, many people even consider them as an investment and refuse to spend at all, but as you can see, most of the crypto holders spend them in the online gambling industry.