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Why use Bitcoin Casinos for Online Gambling? buy bitcoins with credit cardWhile more and more govenments move against online gambling, mostly through restricting payment providers, a Bitcoin gambling grows bigger and bigger. You can enjoy all big Casino games like Poker, Roulette, Blackjack, Bingo, Dice Games and many more – without any restrictions by using Bitcoin for your online gambling. If you are interested in Sports betting, check out our sister-site www.bestbitcoinsportsbook.net.
How to Buy Bitcoins?
You can buy from the exchange companies that send you bitcoins for the money you pay them. The exchanges are for example: Kraken.com, BTC-E.com or Localbitcoins.com. You can also buy bitcoins from people who have bitcoin and want to sell. You can buy bitcoins against any mode of payment supported by the seller of bitcoins. In many countries, you can purchase bitcoins from exchange against, hard cash, debit card, credit card or any other supported form of payment.
But as you already know, the price of Bitcoins is extremely volatile and you should check the development over the last 3 months at least to determine a good oportunity to buy.
How does provably fair gambling work?
The provably fair gambling works on the basis of cryptographic hash function, which is an algorithm for creating encrypted hash value against the server and clients seeds. In general, the procedure of provably fair gambling takes place through following steps:
A random secret seed is generated and then encrypted into a hash code by the server The hashed code of the server seed is sent to player The player inputs a random client seed. Both seeds are mixed up through an encrypted function to create the result. For client verification, the server seed is revealed to the player again to check.
Is it possible for a provably fair Bitcoin gambling site to cheat players?
Technically speaking on the basis of cryptographic hash functions, it is not possible for a casino to cheat a player but, this is a game of money and money makes the mare go. Some malicious casino use some other tricks to cheat on the players such as, disconnection of the software, nonpayment of money and many other such kinds of activities. So, it is always important to note and read the reviews and feedback of past players and the casino reviewing websites like this one for more details.
As soon as we hear of any kind of fraud from the bitcoin casino websites listed here, we immediately publish warnings about them.
How do you know if a bitcoin casino is provably fair?
You can know if a bitcoin casino is provably fair through different ways. You can read different reviews and feedback about any casino that you are interested in. You can also make sure that the results generated by the casino are done locally by recording the hash function of server seeds and the client seeds that you input to the bitcoin casino games. You should also make close note of the explanation that bitcoin casino provide to the readers for being it provably fair. There is no scientific method to know about the provably fairness instantly.
How long does it take to deposit or cash out?
The deposit and cash out of bitcoin do not take much time. For smaller amounts, it is very fast and instant if you have your wallet account ready to use. But, for larger amounts it may take 2 to 10 hours to deposit or cash out bitcoin transaction. Normally, these tractions appear in pending status for a certain period before they are cleared and, the status of the transactions changes once they are cleared. So, it is very easy and fast for small as well as large amounts.
Its imporant to understand that its the security measurements of the bitcoin casino which takes a while with larger winnings to cash them out – transactions with bitcoin are submitted in a few minutes to 2 hours in median, no metter how much bitcoin you send.
Do bitcoin casinos offer free bitcoins?
Yes, many bitcoin casinos offer free bitcoins to its prospective players or affiliates for different activities such as, your registration with the casino, referring a new player to register on a casino, to play a new game, and many others. These offers are mostly promotional and certain terms and conditions apply. There are some casinos that also offer bonus on games and number of gambles etc.
Do I need a credit card or bank account to gamble?
It is not necessary to have credit card or bank account to gamble on a bitcoin casino. You can gamble through bitcoin transactions, which are not only easy to send/receive but also, it is free of charge or deduction fee. Normally, credit card and bank account payment is subjected to additional processing charges and fees but bitcoin transactions are free of charges, except a 0.0001 Bitcoin transaction fee, which is less than 10 $-Cent at the moment, just like we pay hard currency in a shop without any additional fee.
Are Bitcoin casinos regulated?
Not all bitcoin casinos are regulated but some reputed casinos are regulated and licensed. Like other industries, the bitcoin casinos are also required to have license under the regulatory body of the country from where it operates but there are many bitcoin casinos that don’t possess licenses. So, it is very important for a player to make sure that the bitcoin casino he/she is interested in is regulated and properly licensed.
Another important thing related to licensing of bitcoin casinos is that the casinos operate from such countries where having license is just the name of paying license fee and having the certificate. So, it is a good idea to research about the casino before investing your money.
Do I need to download software?
It depends, if you want to create your bitcoin wallet on the hard drive of your computer you will need software to download and install on your computer. Meanwhile, if you want to use the service of web based bitcoin wallet service provider companies, you don’t need to download software. You can access your wallet through supported browsers. Meanwhile, some bitcoin casinos require their client software to download and install on your computer to gamble and also, there are many bitcoin casinos that use software for client to download.
Bitcoin
Are there bitcoin-based gambling sites or apps that work on a mobile phone?
Yes. There are many bitcoin based gambling sites or applications that work well on modern smart phones such as, Android phones, iPhones, and others. You can download those Apps from their stores such as, Google Play Store and Apple Store. Some companies offer their applications to download directly from their own websites too.
Note: Always download apps of those gambling companies that are provably fair in their dealings as well as operations.
How do the deposit bonuses work?
A deposit bonus is a kind of promotional offerings in terms of percentage of original money a player deposits. The working principle of that deposit bonus varies website to website. Some gambling websites put the limit of number of wagering, some put the limits of minimum amount of bonus to reach before you can use it, and some put limitations of minimum use of amount on games. Therefore, it is highly recommended to read the terms and conditions on how to use the deposit bonus before you choose for those kind of promotional features of bitcoin casino websites.
Are bitcoin casinos secure?
There is no generalized answer to this question it depends on which bitcoin casino you want to play. There are many bitcoin casinos that are secure and provably fair in their business, on the other hand, there are many fake and unfair casinos that are not secure. So, you should take care of a few important things while deciding for any casino such as, checking license and reputation of that particular casino through review websites and customer feedback.
Is there a minimum deposit amount?
No. There is no minimum deposit amount in bitcoin casinos. The most commonly used units in bitcoin casino gambling are Milli-bitcoin (mBTC). For example, if you deposit 1 bitcoin, it will be converted into 1000 mBTC. You can play games via those 1000 units of your bitcoin deposit. You can deposit any amount to play games. There are some casinos that put certain minimum limits on the amounts you deposit. In such special condition, you can check with the website you are interested in.Bitcoin Mining Comparison
What is the difference between BTC, mBTC and uBTC?
BTC is an abbreviation of Bitcoin currency. The thousandth part of a BTC is called milli Bitcoin or mBTC and the millionth part of BTC is called micro Bitcoin or uBTC. This is very important to note that in bitcoin casinos the thousandth part or mBTC is very popular unit to a play wagering. There are other common units of Bitcoin used in the domain of encrypted currency such as, dBTC, which is the tenth part of BTC and cBTC, which is the hundredth part of a Bitcoin.
What does responsible gambling mean?
Responsible gambling is the name of being prudent while gambling. You should not lose your control over your gambling desire at any time you should be very calculated and careful about how much money to spend on gambling and how much time to play these kinds of games. These are the same rules for financial and emotional self control which also apply when you are trading with Bitcoin, for instance.
Normally, gambling is considered as a type of entertainment like other entertainment in our routine life. So, a person who plays gamble should be well calculated and balanced in his or her entire lifestyle to make sure that his/her day to day life responsibilities are not disturbed or influenced by gambling. It is important to note that gambling is a form of expenditure not a form of earning. Strict adherence to these guidelines while gambling is called responsible gambling.
Are bitcoin bets and payouts transactions on the blockchain?
The general answer to this question is No. Your bitcoin bets and payouts are recorded on the providers of Bitcoin casino services. Your bitcoin currency is on BlockChain until you deposit it to the platform of your desired Bitcoin casino after you transferred your Bitcoin currency to bitcoin casino your money is not on Blockchain. It comes back on Blockchain when you withdraw your bitcoins from your casino platform to your Bitcoin wallet.
Is bitcoin gambling legal?
Yes, bitcoin gambling is legal where flat currency gambling through USD, Euro and other currency gambling is legal. Bitcoin gambling has not been subjected to any kind of separate legislation as yet. At this time, bitcoin in the gambling is considered as a mode of payment. Maybe, in the near future some legislation may come into place in different countries to regulate bitcoin gambling into legal jurisdiction.
If Bitcoin is anonymous, do I still need to provide personal information?
No. You don’t need to provide your personal information for Bitcoin money. At this point of time, you can deal in bitcoin currency through a single email ID. There are obvious chances that in near future some legal regulations will be implemented to regulate this type of currency to make it acceptable across all domains and stakeholders of the modern world.
Are there US friendly bitcoin casinos?
Yes. There are many US friendly bitcoin casinos offering gambling services to US citizen through bitcoin digital currency. If you search for US friendly casinos, you will find many to claim as US friendly casinos. You need to check out their features before deciding for any bitcoin casino to gamble. If the features of those casinos are in compliance with the USA rules and regulations, then you can deem them as US friendly bitcoin casinos.
FINDING A BTC CASINO USING OUR BITCOIN CASINO REVIEWS
Since 2011, a number of casino operators have dipped their toes in the cryptocurrency pool. And whilst some online casino operators have chosen to fully embrace Bitcoin by offering it as the sole method of payment to use in order to make both deposits and withdrawals, others have chosen to offer the cryptocurrency as merely one of their online casino payment options. Yet, due to its nature and the fact that it hasn’t been around for too long, you’ll only be able to find a handful of Bitcoin Casinos out there that are worth your time. At CasinoTop10 we’ve spent numerous amounts of hours researching and trying out Bitcoin Casinos in order to find the right ones to offer on our site. Above you’ll find an array of Bitcoin casino reviews which delve into all you need to know about the particular online casino you’re interested in such as the array of casino games available, the casino software used, where the casino is licensed and regulated amongst other things.
The BTC Casinos in our list evaluate:
The online casino software used by the Bitcoin Online Casinos
Fairness, safety and licensing of each BTC Casinos
The payout ratio offered by each Bitcoin Casino
The selection of online casino games available to play for real money
The online casino's lobby
The Bitcoin Casino Bonuses on offer.
WHAT IS BITCOIN? bitcoin casinos
Although the first Bitcoin network was initially seen in 2009, Bitcoin as a new modern day currency hit the mainstream market in 2011 as the world’s first decentralized currency. This particular currency differs to traditional currencies like the US Dollar, Euro and Sterling as it does not use any third party. Unlike other currencies it has no central bank and solely functions through the peer-to-peer marketplace. Despite having suffered from a rather turbulent period due to its contemporary nature, over the years its popularity along with its reputation has grown from strength to strength. As a result, when the year marked 2014 thousands of online businesses started offering the Bitcoin as a payment option. And now, Bitcoin has also started to be accepted at many online Casinos!
BITCOIN GAMBLING – PLAYING ONLINE CASINO GAMES WITH BITCOIN bitcoin casinos review
As gamblers we all experience the bright lights and glamour of Sin City calling out our name in excitement from time to time. And sometimes it’s hard to ignore. So, what happens? Well, occasionally, you’ll find yourself taking out your credit card to book a hotel and accommodation for a long weekend stay at the gambling mecca, Las Vegas of course. Yet, to many of us hard working folk out there, this is often awfully too expensive.
Luckily, nowadays the World Wide Web offers us lucky gamblers from all corners of the globe a Plan B just in case we’re unable to take time off from work or simply find ourselves unwilling to sacrifice a significant portion of our bankrolls to extra expenses. This alternative is undoubtedly, the widely popular, thrilling experience of playing at online casinos where Slots games are a plenty, Blackjack games come in a melange of different variants and Roulette amid other games such as Baccarat, a favorite amongst highrollers, are available 24/7. And of course, all you need to do to play at one of these casinos is transfer money using Bitcoin. So, forget the long flights and extra expenses and opt to transfer money to an online casino instead. There’s nothing to it really!
Why Play at Bitcoin Casinos?
Bitcoin Casinos offer users the ability to be in complete control of their bankroll
Deposits to these online casinos are done at rocket speed
There’s hardly any waiting time when withdrwaing winnings
Bitcoin Online Casinos have a wide array of casino games including Slots, Blackjack, Roulette, Baccarat, Craps and many more
Huge Welcome Bonuses are available to players who choose to use Bitcoin Casinos to play at.
HOW TO MAKE A BITCOIN CASINO DEPOSIT 1) CREATE A BITCOIN WALLET In order to use Bitcoin at online casinos, you’ll first need to get a BitCoin Wallet to be able to deposit and withdraw funds. This of course can be set up through Bitcoin’s site. Fundamentally, there are two types of wallets you can set up web-based wallet service and desktop wallets. For convenience sake, our casino experts recommend that you set up a web-wallet rather than a desktop one which will actually require you to install software on your computer. However, if you’d personally prefer using one that’s more secure, opt for a desktop wallet which does not work through third-party online software. On opening a BitCoin wallet, all you’ll need to do is sign up by providing your address and setting up a password. You’ll then be asked to given a Bitcoin address to use whilst making transactions to and from your wallet. Similarly to Paypal, Neteller and Skrill, a BitCoin wallet will act as your digital own personal digital wallet. The sole difference between these e-wallets and BitCoin is that you won’t be required to disclose any personal address.
2) LOAD YOUR BITCOIN WALLET WITH BITCOINS After you’ve set up your own Bitcoin account and selected the type of e-wallet you’d like to have through their official site you’ll be required to buy a few Bitcoins to use. You can do this through a variety of different ways.Amongst them are the following options you can choose to use:
a) Your Bitcoin wallet: You can buy Bitcoins through your very own wallet.
b) Bitcoin exchanges: Certain exchange services like BTC China or Bitstamp allow you to trade a number of currencies for Bitcoins as well as other digital currencies. You can also exchange your Bitcoins into another currency if you’d like to.
c) Over the counter: You can also buy Bitcoins from other users for a pre-agreed price.
d) Bitcoin ATMs: It’s also possible to find Bitcoin ATMs in some cities which will allow you to load your e-wallet with Bitcoins.
e) Mining Bitcoins: You can earn Bitcoins through mining. This involves using special software to solve math problems. In exchange, users are given Bitcoins.
3) SIGN-UP AT A BITCOIN CASINO and NAVIGATE TO THE PAYMENT OPTIONS PAGE Once you’ve made your choice in terms of which of the Bitcoin Casinos to choose, you’ll need to set up an account. When you’ve successfully managed to do so, navigate your way to the casino’s payment option page and choose Bitcoins as your currency.
4) DEPOSIT YOUR BANKROLL AT ONE OF THE BITCOIN CASINOS Once you’ve performed the above steps, you’ll then be able to make your Bitcoin deposit. In doing so, you won’t have to enter any card details as Bitcoin doesn’t use credit/debit cards. Instead, funds in a user’s Bitcoin account are transferred between you and the casino through bitcoin addresses. These are characterized as a series of letters and numbers that usually range from 27-38 characters. Therefore, if you’ve chosen to use Bitcoin you will need to know what your Bitcoin address is as well as the Online Casino’s address when making either a deposit or withdrawal.
In order perform this step, open your Bitcoin wallet and click on the ‘Send Money’ menu. Next, fill in the amount you’d like to deposit along with your own address, enter the casino’s Bitcoin address and click to confirm.
HOW TO WITHDRAW WINNINGS FROM BITCOIN CASINOS 1) LOG INTO YOUR BITCOIN CASINO ACCOUNT When it comes down to withdrawing your funds after you’ve managed to win a great sum of money, you’ll be able to withdraw your winnings effortlessly. The first step you need to take is go to the payment options page of the online casino you’ve one money at.
2) ENTER YOUR BITCOIN WALLET ADDRESS Once you’re on the page, fill in the field which is marked Bitcoin address. Your funds will then be transfer from your selected Bitcoin casino to your Bitcoin account.
3) WAIT FOR THE TRANSFER TO OCCUR When you’re finally done, all you’ll need to do next is to wait for your money to be transferred from your Bitcoin Casino account to your bitcoin wallet.
BITCOIN CASINO GAMES FOR REAL MONEY bitcoin online casinos
On signing up to one of the Bitcoin Casinos in our list, you’ll be able to find an intriguing selection of online casino games just like you’d typically find at other real money online casinos which don’t accept Bitcoin as a payment! Among the casino games available are Blackjack online, Roulette online, Baccarat, Craps, Caribbean Stud Poker, Pai Gow Poker, Scratch Cards, Keno and Sic Bo.
SAFETY and SECURITY AT BITCOIN ONLINE CASINOS Many gamblers out there the world over whose curiosity has been sparked by Bitcoin, often ask themselves how safe the cryptocurrency really is to use at online casinos. And who could possibly blame them? With so much fraud occurring nowadays, safety is definitely an important factor to consider before depositing your whole bankroll at an online casino and risking it all. Well, if this happens to be your concern, our casino experts can clarify that using Bitcoin is one of the safest methods you can choose to use. All the casinos we’ve listed in our list of supported Bitcoin Casinos are all there because they all have phenomenal security of their own.
In our opinion, one security feature which has made Bitcoin stand out from the rest is its ability to be able to send to money from one Bitcoin address to the other without any third party being involved. Hence, it cuts out the need to use a middleman, such as an e-wallet, credit card etc., which often ask for personal information. All bitcoins are isolated in a segregated offline system with absolutely no internet connection. Hence, this eradicates the possibility of any sort of data theft. Each and every bitcoin wallet that uses an offline desktop system is encrypted with the latest and greatest technology that’s used by banks, governments and financial institutions.
TRANSFER TIMES FOR BITCOIN CASINOS
On attempting to make a Bitcoin transfer to an online casino, you’ll be able to see the transfer almost immediately (typically after 10-15 mins). However, the transfer will still be ‘unconfirmed’ as such. The transfer will usually be ‘confirmed’ within 1-3 hours.
Provided that Lady Luck is on your side and you’ve won a handsome amount of cash whilst playing online, you’ll obviously want to withdraw your money from the online casino afterwards. Typically, this will take about 24 hours for you to complete.
CUSTOMER SUPPORT AT BTC CASINOS The customer support at our Btc Casinos is superb. It’s no wonder that many gamblers on the net are choosing these types of casinos to play at! With their 24/7 customer support, the casinos in our list all exemplify what customer support ought to be like. Customer support at these casinos is available through live chat, which is probably the quickest way to get information on what you’d like to know about, email and also phone.
ADVANTAGES OF USING BITCOIN CASINOS
NO THIRD PARTIES INVOLVED IN TRANSACTION
As a digital cryptocurrency, Bitcoin does not use any third parties in order to help in the transfer of funds from one account to the other. Hence, when you’re using Bitcoin, you’ll be able to avoid paying any third party fees.
MORE SECURE TRANSACTIONS
As an e-wallet, Bitcoin makes it incredibly easy to transfer funds. Provided that it’s used correctly, you’ll notice that this payment method offers its user’s great security features. However, you should always keep in mind that you must implement certain practices in order to safeguard your information.
BITCOIN OFFERS ANONYMOUS PLAY
Bitcoin Casinos offer users complete anonymity when gambling online. The most information Bitcoin casinos will regularly ask for is a player’s email address. This is because otherwise the casino would literally have no way in which to recover the user’s password just if a player had to forget it.
In order to safeguard your privacy you must make sure not to share your Bitcoin address and Identification details with others simultaneously. This is because all Bitcoin transactions are saved permanently on a public network.
NO FEES WHEN USING BITCOIN
The cost of making a Bitcoin Transfer is close to nothing. Whilst the cost to transfer Bitcoins is typically free, an online casino might charge a small amount occasionally. So, always make sure to read the fine print beforehand.
DISADVANTAGES OF USING BITCOIN CASINOS
GAMBLERS MAY BE REQUIRED TO PAY TAXES ON THEIR WINNINGS
On withdrawing your winnings you might be required to pay tax on the amount even though the government does not consider Bitcoin to be an official currency. This is because there is value attached to each Bitcoin.
ONCE YOU'VE SUBMITTED A PAYMENT USING BITCOIN IT'S IRREVERSIBLE
You should bear in mind that if you opt to transfer funds using Bitcoin, you won’t be able to cancel the payment. In essence, Bitcoins can only be refunded by the online casinos you have paid. Therefore, you should opt to always do business with companies that are both trustworthy as well as secure.
BITCOIN'S VALUE TENDS TO FLUCTUATE
Due to the fact that Bitcoin is a relatively new currency, the value tends to increase as well as decrease over a short period of time.
BITCOIN CASINO FAQS
What are Bitcoin Casinos?
Bitcoin Casinos are online casinos that accept Bitcoin as a form of payment. Essentially, these casinos function in the same fashion that regular online casinos do with the sole difference that they accept Bitcoin as a form of payment.
Is Bitcoin gambling legal?
As an online gambler who’s interested in gambling using Bitcoin, you might be concerned in regards to whether it is in fact legal to gamble in Bitcoin or not. Well, unfortunately there is no clear-cut answer to this. In many countries, there are currently no specific laws which regulate gambling with this particular cryptocurrency. Hence, one can state that the use of Bitcoin for gambling activities is neither officially allowed nor prohibited.
Which gambling jurisdictions have issued licensed for casinos to accept Bitcoin?
Among the gambling jurisdictions which have issued licenses for casinos to accept Bitcoin are Curacao and the United Kingdom. In essence, this means that they have accepted the responsibility to regulate the operation of cryptocurrency websites in the online gambling realm. Hence, you can typically find Bitcoin as one of the online casino payment options at UK online casinos and Curacao online casinos.
Are Bitcoin Casinos regulated?
Not all online casinos are regulated and the same goes for Bitcoin Casinos. However, you will find many out there that are. If you don’t want to waste time looking for one, have a look through our list of casinos at CasinoTop10 and start playing!
Are Bitcoin Casinos secure?
There are many Bitcoin casinos out there which are secure, but there are also those which are do not value security and will try to rip you off. So, prior to signing up to an online casino, do your homework. Primarily, this will involve checking the license and reputation of the online casino you’re playing at beforehand.
Am I entitled to a free Bitcoin casino bonus when playing at a casino in CasinoTop10’s list?
Yes, on depositing money through Bitcoin you’ll be entitled to an online casino bonus upon signing up. All you need to do to benefit from the online casino bonuses at CasinoTop10 is to click on the casino’s bonus that’s displayed in our list of casinos above.
Are there usually any Bitcoin Casinos free Spins to claim?
Whilst not all Bitcoin Casinos offer free Spins, there are a few which do from time to time. When they do, each online casino will either offer Bitcoin free spins as part of their welcome casino bonus offer or as part of a weekly, monthly or loyalty promotion.
Are there Mobile Bitcoin Casinos I can play at?
Most Btc Casinos nowadays have their own mobile versions of the desktop versions available through browser or download. So, you’ll be able to hit the Blackjack table, watch the Roulette wheel spin or play your favorite Slots online game no matter where you are!
Is there a minimum or maximum deposit amount?
No, one of the great things about BitCoin is that there is no minimum deposit amount. However, a minimum or maximum deposit amount is typically decided on by the casino itself. So, if you’re a highroller, you should always check out the maximum amount you can deposit in the casino’s terms and conditions.
Do I need to provide personal information when using Bitcoin?
No, part of the allure of using Bitcoin online casinos is that you don’t have to give any of your personal information when you’re depositing.
Are there US friendly Bitcoin Casinos?
Yes, Bitcoin Casinos are typically US friendly.
Where can I find a Bitcoin Casino USA?
You can easily find a Bitcoin Casino USA on this very page. All the US-friendly Bitcoin Casinos are displayed our toplist where you’ll be able to read Bitcoin Casino reviews by clicking on the casino’s name prior to making a decision where to play at.
Are there good alternatives to using Bitcoin Casinos?
Yes, there are lots! Amongst the most popular casinos to play at for security reasons are PayPal Casinos, Skrill Casinos and Neteller Casinos where the respective e-wallets are used to transfer funds. Moreover, Mastercard Casinos, Visa Casinos and Amex Casinos with their respective credit/debit card options are also quite common to play at. Besides these, there are also a number of other casinos to play at which support different types of payment options too.
HAVE THE TIME OF YOUR LIFE BY PLAYING AT THE BEST BITCOIN CASINO! Bitcoin’s introduction to the global marketplace has certainly left a profound mark on the online casino industry. It’s not only enabled players to deposit and withdraw their winnings easily, but has also allowed players to do so anonymously. So what are you waiting for? Have a look through our list of supported Bitcoin Casinos today to find a fantastic one for you to play at and possibly win a handsome fortune! These Bitcoin casinos are available to play online and have been rated by the experts!, Our list of BTC Casinos accept players from across the globe including USA, Australia, UK, Europe, Asia. Claim our exclusive Bitcoin Casino Bonuses and try our the highest rated operators available to play online today.
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Why Online Casinos Use Bitcoin The first two and a half years Bitcoin went from being an unknown cryptography to a niche online currency. In February 2010, BitcoinMarket.com was the first company that traded in Bitcoins. The abbreviation for Bitcoin is BTC. A single bitcoin is 1BTC. If you want to transfer bitcoins from your wallet to an online casino, you’ll need the operator’s public key.
The reason why sports betting sites and internet casinos prefer the digital currency it’s safe and there are no bank costs involved unlike credit or debit cards. Bitcoins don’t have any ties to banks or governments because it is decentralized. In the past the U.S government froze player funds because they gambled at unregulated offshore casinos.
Thanks to Bitcoin, players now have complete control over their funds and it’s anonymous or to a degree at least. Bitcoin online casinos won’t even ask your name or address, just an email address.
For a small fee you can send and receive Bitcoins over the Internet in U.S Dollars, Euros or British Pounds. This could be done through web wallets. Before you can transact in Bitcoins you need a Bitcoin wallet.
There are two types:
Software wallets. You must download the software on to your computer first. They are more secure than web wallets and cuts out any third party. We recommend Armory, Bitcoin and Multibit. Web wallets. It’s web-based and the most convenient of the two. However, I must warn you that it’s not as secure as Bitcoin wallets. Popular web wallets are Blockchain.info, BitGo and Binance.
What Exactly Is Bitcoin?
bitcoinsIt’s a peer-to-peer electronic cash method that can be used to purchase goods online and it’s a payment system that’s based on trust. It allows any two parties to transact with each other without the need for a trusted third party (banks). It’s a popular payment method because there’s no government intervention.
We’re not going to discuss the origins of Bitcoin since it’s outside the scope of this article. One of the most important features about Bitcoin is that it’s decentralized with no central authority. It wasn’t long before online casinos saw its potential and started using bitcoin as a deposit method for players to gamble at casinos and sports books.
You can now purchase bitcoins with your credit card at any trusted vendor who trades with it. As more and more governments begin to regulate it we’re pretty confident that it’s going to grow bigger and bigger. There’s a host of different cryptocurrency wallets out there, if you’re not sure which one to use please visit our bitcoin casino guide.
How To Gamble Online With A Digital Currency? Tens of thousands of players are using cryptocurrencies like Bitcoin and Litecoin as deposit and cash out methods at provably fair bitcoin casinos. Online casinos added Bitcoin to their payment systems because of its low withdrawal fees, security and anonymity.
How Bitcoin Transformed The World of Gambling ”Bitcoin ensures that all transactions are secure, withdrawals are cleared within minutes and there are virtually no costs involved.”
Compared to traditional payment methods, digital currencies ensures that withdrawals are cleared within in a jiffy, by this we mean within a couple of hours tops. Before you can deposit and wager online you need a bitcoin wallet. Credit cards, wire and Paypal usually charge a transaction fee of up to 15% if you request a withdrawal, with Bitcoin or Litecoin you’ll only pay 10 to 30 cents. The best bit about Bitcoin is that it does away with a third party payment processor.
Because of the United States’ stance towards online gambling, Bitcoin practically erases geographical boundaries, basically it’s the best thing to American players since sliced bread. One of the greatest perks Bitcoin casinos have in stored for players is that each game is fair because they use a Secure Hash Algorithm, SHA256. It’s a cryptographic has function used with great success by Bitcoin miners. Essentially this ensures that each game is completely random offering players a decent chance at winning.
What Is Provably Fair Gambling? This type of gaming is mainly centered on the cryptographic hash function, practically speaking it’s an algorithm that creates an encrypted hash value against clients seeds and against the server. Provably fair gaming is determined through the following criteria: Once the random seed has been generated it is encrypted by the server into a hash code.
The server’s hash code will then be sent to the player. The player will then slot in the random client seed. The seeds are then combined by means of an encrypted function. You have to agree with us that the above mentioned sounds like the real deal, not so? The question is how does one really know if the casino hasn’t tampered with the results? Thing is you don’t but this is where the provably fair protocols really shows its value. To ensure that everything is above board you can use a hash calculator, it will help you with the SHA256 of the unhashed server seed.
Once you made sure that the same seed is used, you can use the provably fair verifier – keep in mind it’s a laborious process. The system generates a ‘Roll Number’ this enables players to verify that the roll of a dice is authentic and that there’s no tampering involved. Before you deposit at any Bitcoin Casino do your diligence on it quick just to make sure it’s safe to play at.
MYB Casino myb casino logoCustomers looking for lucrative bonuses with decent play-through, superb Betsoft instant play games, instant cash outs via Bitcoin, credit/debit cards, a decadent rewards program and various others will soon call this place home.
BitStarz bitstarz logoBitStarz Casino has been around the block a few times, it’s a cryptocurrency friendly operator that accepts Litecoin, Dogecoin, Etherium, Bitcoin Cash and Bitcoin making it the perfect site for any digital casino player. Oh, and did we say that it’s promotional offers, customer service, list of casino games and perks is one of the best!
Cherry Jackpot cherry jackpot casino logoAs a relatively new casino, Cherry Jackpot acquired a sizeable portion of the USA online casino market and for good reason. With a respectable RTG (RealTime Gaming) suite of games, perks that rewards loyal game play and it accepts Bitcoin. Bitcoin transactions are cleared within 10 minutes plus all its games are provably fair.
Ignition Casino Licensed by the Kahnawake Gaming Commission in Canada, Ignition Casino is synonymous with ‘Fair Play’ and it accepts U.S players. It offers a wide range of games from different vendors, supports Bitcoin payments, weekly promotions and a multi-tiered rewards program for loyal players.
Playamo playamoPlayamo Casino is another multi-tiered trustworthy digital currency casino with more than 600 games in its tally. Its games are provably fair, its promotions are top-notch, its rewards program is one of the best no wonder it’s ‘The Best Way To Win’. Entertainment wise you’re in very good hands here.
Best Bitcoin Casino Sites MYB Casino – 200% Up to $600 or equivalent in BTC Bitstarz Casino – 5 BTC 180 Free Spins Cherry Jackpot – 210% up to $21,000 in BTC Casino Max – 310% up to $9,100 in BTC Sloto Cash – 200% up $7,777 in BTC Playamo – 100% up to $300 in BTC 200 Free Spins Bob Casino – 100% up to $500 or 0.5 BTC Free Spins Xbet – 200% – up to $500 in BTC 50 Free Spins Ignition Casino – 200% up to $3,000 for BTC Deposits My Bookie – 200% up to $600 in BTC
Bitcoin’s Meteoric Rise A High Roller’s Delight
Bitcoin really leveled the playing field for players situated in jurisdictions that frowns upon online gambling. Take the United States for example, it doesn’t prohibit gambling online per se but the Federal Government prohibits banks to process credit card payments from online casinos. Thanks to Bitcoin the digital currency circumvented gambling legislation by enabling players to play online. It’s safe, easy to use and it offers a fair amount of security-what more can high-staked players ask for?
It wasn’t always plain sailing for Bitcoin, in 2007 it experienced its fair share of upheavals, however, as it become more popular many investors across the globe including China saw it as a hedge in times of economic uncertainty.
The net result is its demand fair outweighs its supply since there’s only a certain amount of bitcoins in circulation. The past 18 months has seen Bitcoin enter the mainstream, the United Kingdom Gambling Commission allowed UK licensed online casinos such as NetBet to use it as a deposit and withdrawal method.
Slots high rollers like it because they’re not confined to the casino’s weekly or monthly withdrawal limit, they can withdraw more cash. Furthermore, the amount of cash a VIP player can withdraw in a single Bitcoin transaction depends largely on the player’s VIP status-the higher the status the more cash the player can withdraw. Slot players who use Bitcoin receive a fair amount of free spins, percentage cash back on their losses, faster cash outs with virtually no withdrawal fees.
In summary. Despite being criticized by many so-called economic experts Bitcoin is here to stay. The fact that it offers a large degree of anonymity and high transaction limits it has become the deposit option of choice for high rollers.
Loads of Bitcoin casinos now offer high rollers special bonus packages with reduced wagering requirements just for pitching. The best bit is that players can wager online in the privacy of their own homes without any fear of being prosecuted by their governments. In the world of online gambling high rollers are now the main kingpins thanks to Bitcoin. Make no mistake PayPal and Neteller are right up there but in recent times with over regulated markets the crypto currency steals the show.
How To Pick The Right Bitcoin Casino?
Is the software Provably Fair?
This info can be found at the Bitcoin Casino’s website. If the operator does not list this info it’s best to take your business somewhere else. A top-notch provably fair casino will always list the relevant info.
Is it the bitcoin casino legal you’re about to play at?
Before you deposit and play make sure that the operator is licensed, all licensing information is displayed at the footer section of the site. When you click on it a small window pops up indicating the casino’s license number, address and jurisdiction it’s licensed in. Another way to to determine the legality of a site is to visit online casino forums such as Affiliate Guard Dog or Casinomeister.
Is It Important To Check An Operator’s Licensing Info?
Yes it is. Not all Bitcoin Casinos are legitimate because there’s a few very bad apples whose sole purpose is to dupe you. A few characteristics of these sites are they’re not licensed, they use pirated software, offer new and returning customers very few perks (or none at all) and they don’t pay winnings.
Is It Safe To Play At A Bitcoin Online Casino?
Once again this depends at which site you’re playing at since there are reputable sites and there are what we call malicious (rogue) sites. Most bitcoin operators run on provably fair software and they use highly encrypted SSL (Secure Socket Layer) software that ensures that client information remains under lock and key at all times. If you’re not sure about the site’s security, contact its customer support or you can start a thread at a well-known gambling forum (GPWA.com).
Do Bitcoins Casinos Accept Players From America?
There are many USA-facing Bitcoin Casinos that allows players to deposit and play in the digital currency. We’ve listed only the best USA sites where players can play unencumbered. Although they’re not licensed by a U.S state they are licensed in reputable jurisdictions where licensed operators pay their taxes. If you’re from the U.S you must be 21 years or older to play at them.
What Is The Smallest Deposit Amount?
When it comes to gambling online with bitcoins there is no minimum fee, the smallest unit used by Bitcoin casinos are Milli-bitcoin (mBTC). If you deposit 1 bitcoin it’s converted to 1,000 mBTC. Any amount can be deposited but some operators do impose limits on deposits.
Is There A Difference Between BTC, mBTC And uBTC?
BTC is the abbreviation for Bitcoin. A milli Bitcoin is the thousandth part of a BTC while mBTC is the millionth part of BTC or micro Bitcoin (uBTC). The latter unit is popular at bitcoin casinos. Other common units of Bitcoin are dBTC which is a tenth part of BTC. cBTC on the other hand is hundredth of a Bitcoin.
Is Responsible Gambling Important?
Only play at sites that has a Responsible Gambling policy on one of its web pages. On this page it tells players how to self-exclude and how to use its deposit and session limits.
Problem gamblers can contact Gamblers Anonymous which provides free counseling. Don’t gamble if you can’t afford it and never try and recoup here your losses. If you had a bad session at the tables it’s best to cash out and to walk away.
Are Bitcoin Wagers Governed By A Blockchain?
No they are not, all the bets that have been made are recorded on the servers of the Bitcoin casino. Bitcoin as a currency is always on the BlockChain until the funds have been transferred to a casino. When you withdraw your winnings from the casino it’s goes back onto the BlockChain again.
Is It Legal To Gamble With Bitcoins?
Absolutely, it’s a decentralized currency that’s not regulated by any government and solely based on supply and demand. There are a few countries like the UK, Japan and South Korea that regulated it. The first UK online casino that accepted Bitcoin as a deposit method is NetBet Casino. Hopefully more countries will start regulating Bitcoin within the foreseeable future.
Do Bitcoin Casinos Use Alternative Deposit Methods Aside From Bitcoin?
At this specific juncture in time many of the best online casinos including BitStarz and MYB Casino give players the opportunity to deposit and withdraw their cash using LiteCoin, Ethereum, Dogecoin, PlayCoin, Dash, credit cards, wire and checks.
Does Gambling With Bitcoin Offer Anonymity?
Keep in mind that if you wager with Bitcoins it is not entirely 100% anonymous, it does offer you a padded layer of protection. Every single transaction that’s ever been made on the Bitcoin network is recorded on an open/public ledger on the blockchain.
As a result this allows anyone to see which transactions have been made by a person who used a wallet. With that being said, it doesn’t indicate the item purchased or to whom the address belongs to. Remember that the blockhain consists of numbers and strings of letters.
Will Bitcoin Replace Credit Cards In Future?
Credit card fraud is a huge problem online casinos have to deal with on a daily basis. There are so many players out there using stolen credit cards and it’s a laborious process to screen each transaction. With Bitcoin online casinos don’t have this risk.
Unlike credit cards, using bitcoins as a payment method only requires a few clicks, copy your digital wallet address, paste it and you’re good to go. As more online casinos accept Bitcoin it will hopefully snowball as time marches on.
Are Bitcoin Casinos Licensed?
Not every Bitcoin casino carries a legitimate license this is why it’s important to check the site’s licensing information which is normally situated at the footer. Luckily the majority of the casinos that accept bitcoin are licensed in top jurisdictions such as the UK (UKGC), Alderney and Curacao. You can find out more about a site by joining top online gambling forums such as GPWA or Affiliate Guard Dog.
Is It Safe To Play At A Bitcoin Online Casino?
Once again this depends at which site you’re playing at since there are reputable sites and there are what we call malicious (rogue) sites. Most bitcoin operators run on provably fair software and they use highly encrypted SSL (Secure Socket Layer) software that ensures that client information remains under lock and key at all times. If you’re not sure about the site’s security, contact its customer support or you can start a thread at a well-known gambling forum GPWA.com.
Do Bitcoins Casinos Accept Players From America?
There are many USA-facing Bitcoin Casinos that allows players to deposit and play in the digital currency. We’ve listed only the best USA sites where players can play unencumbered. Although they’re not licensed by a U.S state they are licensed in reputable jurisdictions where licensed operators pay their taxes. If you’re from the U.S you must be 21 years or older.
In summary. At this stage people are paying exorbitant fees to access their money. This is exactly the kind of problem that a peer-to-peer currency such as Bitcoin addresses. Transaction fees are vastly reduced by cutting out the middlemen like banks and check cashing stores. This is why Bitcoin is such a convenient deposit method to wager at online casinos.
Bitcoin is hailed as the Libertarian dream because the currency is independent from state control. No government can determine how many bitcoins are produced. The system regulates itself and considered the biggest power grab in modern financial history.
To be clear, the point of an independent digital money is not to avoid taxes. It’s about a currency that people can trust, that is convenient and one they can turn to in times of inflation. Bitcoin and many other cryptos are considered refuge currencies because of the current political and economical uncertainty that grips the global markets. Bitcoin Casino Bitcoin
Do you know what the next thing to really boost your online gambling experience is going to be? Our bet is that it’s going to be playing at a Bitcoin casino online! In an industry that’s parallel and sometimes even criss-crossing paths with the regular online and mobile gambling, BTC casino sites are many and BTC gambling is flourishing.
Just like when you’re playing casino games for real money, there are hundreds of mobile Bitcoin casino sites, masses of Bitcoin casino games online, no deposit Bitcoin casino promotions and bonuses available to players. However, the one differentiating factor is that you’re playing with an innovative digital currency as opposed to old-fashioned cash.
People, who have tried to play Bitcoin casino games online before, can often be a little hesitant to get on board with using the cryptocurrency to gamble and this is made even worse if you’ve never even made a simple Bitcoin transaction. The truth is that the thing holding most players back is fear of the unknown.
However, Bitcoin gambling UK or anywhere else couldn’t be easier or more straight forward. Although it’s true that the cryptocurrency fluctuates in value more than regular currencies, it only fuels our excitement as gamblers. What’s more, mobile Bitcoin capability means that it’s a stand-out option for players, who want to use mobile devices and play mobile Bitcoin casino games. If you’re suffering the fear of signing up to an International or UK Bitcoin casino, this guide is here to try and change your mind.
Table of Contents
Bitcoin Casino Gambling Licensed BTC Casinos in UK and US How To Play: Bitcoin Slots Online Bitcoin Betting Wallet in UK Bitcoin Cryptocurrency at Online Casinos Bitcoin Deposit Methods in UK Bitcoin Roulette and Casino Games Play Online Slots at Bitcoin Casinos New Bitcoin Casino Welcome Bonuses and Free Spins Slots at Bitcoin Casino Sites Bitcoin Live Casinos Bitcoin Betting Operators UK Bitcoin Casino Support Bitcoin Casino Conclusion Bitcoin Casino Gambling First up, it would probably be useful if we were on the same page about what a real online Bitcoin casino actually is. The definition is a pretty easy one: it’s any online gambling site which allows to make casino Bitcoin deposit or withdrawal operations. Bitcoins are a cryptocurrency which is de-centralised, and rather than assuming its value against the economy of a nation state, gets its value from the relative supply, demand and rarity of the currency.
Other than that, they’re just normal casinos. If you want to play Bitcoin casino online, there aren’t (necessarily) any special Bitcoin mobile casino games to make it unique. A frequent promotion or Bitcoin casino bonus looks like all standard casino bonuses. All top Bitcoin casinos UK offer free spins, Bitcoin casino deposit bonus offers and more.
Online casinos accepting Bitcoin aren’t necessarily exclusive to that currency or payment method alone. While there are many sites that accept nothing else but this virtual currency, others offer you a choice. You can either use the regular payment methods or try out paying with BTC. You’ll, in fact, find that many casinos you’ve previously known as regular now allow Bitcoin payments on top of their usual selection.
An exclusive site with no other options may have benefits for players of Bitcoin online casino real money games. For example, it will usually provide you a FAQ on setting up your BTC wallet and help you do that. On the other hand, sites that allow greater flexibility in payments allows you to try the new method without having to abandon the site if Bitcoin doesn’t turn out to be your thing. In regards to Bitcoin new casino games and sites should be easy to find and check out.
bitcoin casino free spins
Licensed BTC Casinos in UK and US While we stress that there isn’t necessarily a big difference between trying to play Bitcoin casino and regular casino games – indeed, an increasing number of regular casinos are becoming BTC UK casinos by offering an alternative banking method or currency these days – there are often differences in what you’ll experience at a Bitcoin casino UK.
For instance, it is true that there are some dedicated Bitcoin online casino games. Although it’s a very narrow niche right now, an increasing number of developers are creating games tailored to people who choose Bitcoin play slots. The real Bitcoin casino games can be more easily found in the exclusive sites that don’t accept other currencies. However, even the regular sites are starting to pick up such games as a separate category.
Then there’s the fact that Bitcoin casinos UK and especially elsewhere are less regulated or taxed than other casinos, which can often mean you’ll see a better Bitcoin casino free bonus on offer. It is a good idea to choose even Bitcoin VIP casinos carefully because of the lower levels of regulation, but it’s safe if you pay attention to the detail and gambling terms.
Lower regulation means higher values for casino Bitcoin deposit matches, and more free spins than you’ll know what do with. Finally, seeing that casino BTC gambling is at the sharp end of digital development, it’ll come as no surprise that Bitcoin mobile casino games and sites using the technology tend to run spectacularly well on mobile devices.
Being up to date with the latest technology and Bitcoin new casinos in this field are often the most technologically savvy in the gambling industry. They use the most effective resources to deliver an unforgettable experience to their players. Start Bitcoin casino site or two and see for yourself.
How To Play: Bitcoin Slots Online
If you are all aboard and think depositing and withdrawing pounds sterling is so passé, you should definitely hop on the train and start Bitcoin casino on line experience. All the cool kids are doing it, so why not? Well, for starters, you might not even be sure as to what a real online Bitcoin casino UK even is – let us show you how to play Bitcoin slots online and use these sites in more depth.
In a nutshell, a Bitcoin is a digital currency that was set up and is managed via digital encryption techniques. Without getting too technical, Bitcoin operates as a peer-to-peer system and takes out the middleman – aka centralised bank – from such transactions. This allows to play Bitcoin casino games as anonymously as it could possibly be, which will most certainly appeal to those who value their privacy.
Yet, how do you dream up of a currency and get your hands on it? It’s quite easy actually. To play at Bitcoin betting sites, you’ll need to purchase bitcoins from companies for real money (a credit or a debit card, in other words). The Bitcoin fluctuates wildly in value, so you should track the course of exchange against your own currency to determine when is the best time to buy. Then, you’ll have to set up a digital wallet to hold, send and receive the Bitcoins from a BTC casino.
You can even have multiple wallets and there are many programs to choose from and set up your first wallet with. Some are available for certain devices only while others are universal. If you join a Bitcoin Android casino on your mobile, you can use MyCelium. iPhone users can choose BreadWallet. Both groups can try Copay and AirBitz, two very popular apps among BTC users.
Bitcoin Betting Wallet in UK bitcoin wallet casino depositsBy now there are roughly 30 million Bitcoin wallets in use worldwide. If that many people could set one up, you can definitely do it too, even if you don’t have a clue where to start. After you’re done, you’ll be more than ready to play Bitcoin slot casino sites and enjoy everything that comes with them.
Luckily for you, using the aforementioned programs will do all the hard work for you. The creation of a wallet is automatic and is no more difficult than creating any other e-wallet account for more traditional payment methods. In fact, in case of casinos Bitcoin, it might be even easier. First, you need to create an account using one of the dedicated apps or PC software. The process is more or less identical to any account creation process.
After that you can open your BTC wallet. What’s important here is the address of your wallet, which is the only way to identify and access it. Without an address, you won’t be able to play bitcoin casino game whatever it may be because you won’t be able to fund your casino account with Bitcoin.
Once you make sure that your wallet address is saved for you to remember and kept private, it’s time to buy some of this virtual currency. After that, all that’s left is to make a deposit at a chosen Bitcoincasino or find a Bitcoin casino no deposit bonus and enjoy some Bitcoin casino slots or another type of Bitcoin casino game.
Bitcoin Cryptocurrency at Online Casinos For players at many casinos Bitcoin has many advantages in addition to the aforementioned ultra-privacy and anonymity. There are also the added advantages of zero transaction fees, plus super quick deposits and withdrawals. Very recently, the UK Gambling Commission has given the green light to each UK Bitcoin casino on line, which means that gambling is completely legal and fair too.
Since Bitcoin isn’t controlled by a single entity, the fees just aren’t necessary, although the quality of transactions in this cryptocurrency is top tier if compared to similar services. That’s an added benefit which is possible to the system sustaining itself in other ways. No Bitcoins casino could possibly offer free transactions if it weren’t for Bitcoins generating on their own in the process called mining.
We aren’t going into detail with this since it isn’t the point of this guide anyway. To cover the basics, though, mining is a way to get new Bitcoins by providing your computer to process BTC transactions. While such people do get paid in Bitcoins, the process is slow and you’ve a much better chance at getting more money and much more quickly by choosing to play Bitcoin casino game online or even taking up some Bitcoin betting site offers.
Since this technology allows instant data transferring, deposits and withdrawals at Bitcoin live casinos or other sites are unparalleled. At the very moment of your deposit, the funds should appear in the account of your casino Bitcoin com. What’s much more impressive is that the same applies to withdrawals. You might enjoy your winnings from Bitcoin casino roulette or, for example, Bitcoin casino slot games as soon as you request a withdrawal. The pending periods are often faster than at other casinos too.
Bitcoin Deposit Methods in UK bitcoin depositsIf you give in to the fear and never bother playing at a free Bitcoin casino, you’re not just being a little boring. You're also missing out on the wealth of Bitcoin gambling UK you might enjoy if you play at top Bitcoin casinos offering totally unique gambling experience. This is one of those times when you have to grab life by the horns. Just sign up to one of Bitcoin betting sites, claim your no deposit Bitcoin casino bonus or free spins and enjoy exclusive games at casinos with a real difference.
Now, the element that keeps most people from signing up to a Bitcoin casino tends to be the fear that they don’t know how a Bitcoin transaction works. The thing is, making a deposit or withdrawal at a Bitcoincasino is actually almost exactly the same as with any other currency or payment method, yet you just happen to be using a crypto-currency instead.
To enjoy online casinos accepting Bitcoin, all you need to do is get yourself some BTC. There are thousands of Bitcoin exchanges online, where you can buy the crypto-currency for a value of pretty much any other currency you fancy. You buy your Bitcoin, which is stored in your selected online wallet (as explained in more detail above, there are plenty of mobile Bitcoin wallets), and then simply head to the casino Bitcoin com of your choice, and choose Bitcoin as your depositing method.
Bitcoin Roulette and Casino Games If Bitcoin payments still seem vague to you, don’t worry. We’ve all been there before. Luckily, using cryptocurrency may sound like something completely different, but it’s really simple once you get the hang of it. Say, you bought some bitcoins and made a deposit at a casino that accepts this currency. Well done!
The next step is pretty obvious – play some Bitcoin roulette or other Bitcoin casinos games. When you’re satisfied with your winnings, go to the withdrawal screen and select your preferred method. If you’re at a Bitcoin-exclusive casino, Bitcoin is the only choice by default. After making a withdrawal request and passing all the identification steps you’ll be able to find your winnings in your Bitcoin wallet. That’ll be the same one you used to make a deposit. Don’t forget which one you used if you have more than one!
Of course, the payout will also come in Bitcoins instead your official currency. If you want to receive your winnings in another currency, you’ll usually have to do that on your own. Well, unless the casino gives you an option to choose another withdrawal method.
In that case, it’s going to be one of the standard payment methods. Sometimes various e-wallets and mobile banking services might allow Bitcoin withdrawals through them. This doesn’t mean that you’re getting your regular e-wallet topped up with BTC. You’ll still have to find them in your dedicated Bitcoin wallet.
Play Online Slots at Bitcoin Casinos We have already covered the advantages of Bitcoin as a technology and currency in and of itself. What about the sites that allow using Bitcoin play slots online and on mobile? Do operators who run such sites offer something more or better than any other random operator?
In fact, there are so many perks to using a Bitcoin games casino, we can’t mention them all here. However, we thought we should really include some of the highlights anyway. These things are often why people decide to switch anyway and try out some Bitcoin new casino games and offers.
The first point that’s worth making is that the average Bitcoin gambling site transaction is so much faster than those of traditional banking methods. We already told about the superiority of this technology and this really shows if you’ve spent much time gambling elsewhere before. You can get Bitcoin into your casino BTC account instantly and start playing it right away. There is absolutely no waiting around for third parties to authorise payments or process withdrawals.
Then, there’s the fact that live Bitcoin casino table games and Bitcoin casino slots are among the safest and most reliable in the industry, and you are able to verify the results. If that’s not enough for you, what about the fact that all online casino Bitcoin players can stay totally anonymous? Whether you’re playing on a computer or on a mobile device, your identity will never be revealed.
Finally, there are the fees. Again, whether you play online bitcoin slots or choose a Bitcoin Android casino, you’re either going to be paying nothing or next to nothing to deposit, play and withdraw with this crypto-currency. Some sneaky casinos may charge you anyway, but we recommend searching for a Bitcoin VIP casino in that case.
New Bitcoin Casino Welcome Bonuses and Free Spins bitcoin casino bonusIf you are worried as to what playing at a free Bitcoin casino entails, fret no more! In most ways, even a Bitcoin VIP casino is identical to your usual online and/or mobile casino: it extends welcome bonuses to players, runs special Bitcoin casino promotions, such as giveaways and tournaments, and offers a vast array of titles where you will easily find your favourite Bitcoin online casino game to play.
Many sites often extend a Bitcoin casino no deposit bonus offer – just like a real money mobile casino site would. Alternatively, they might offer to match your deposit with a Bitcoin casino deposit bonus. Keep in mind that playing at a Bitcoin casino doesn’t mean all promotions come free of wagering requirements or other restrictions. Usually, a Bitcoin casino promo works just like the usual offers do, so check out the terms and conditions of any offer you accept in due course.
Bitcoin casino free bonus is also possible and, although some requirements may still apply to it, you can generally find an offer that’s easier to benefit from. Such Bitcoin casino bonus isn’t exactly frequent for new players. You’ll usually have to make a few deposits at first and prove yourself as a returning player. Loyalty bonuses, especially at Bitcoin VIP casinos, can be really amazing.
Gamblers who play Bitcoin slot games can often enjoy various tournaments. Being the most active player in the leader board of such tournaments will net fair prizes in Bitcoins. Even prize draws can be found, giving away real-life prizes and experiences. Those are just as popular with a certain Bitcoin online casino game or two at various sites. So, you can find some juicy offers regardless of your taste. From popular Bitcoin slots to Bitcoin table games, everything is on the table.
Slots at Bitcoin Casino Sites The real Bitcoin casino games at any site would rival those of a regular cash online or mobile casino. That’s because when it comes to Bitcoin new casinos are springing up at a faster rate while more and more people are making the switch. The variety is just as impressive as at the largest sites that use real currency.
Despite of that, Bitcoins casino operators are pushed even further to develop new and popular Bitcoin casino slot games, including all varieties of a Bitcoin casino table game. The variants include Blackjack, Poker, Bitcoin Roulette and more. And of course, there is a giant selection of Bitcoin online casino slots of all shapes and sizes. This includes jackpot games which also pay in BTC because all Bitcoin slots and casino games do.
Regarding Bitcoin online casino slots, expect an equal amount of titles as if you were playing at any other casino. What’s more, in Bitcoin casinos games are accessible on mobiles more frequently than elsewhere. After finding a casino that accepts Bitcoin play slots online all you want, but it’s likely that a similar mobile casino will have just as many unique slot titles.
Speaking of specific slots, a Bitcoin slot casino may have titles from all of the most popular software developers. Their popular Bitcoin slots will be known to you from other casinos too, so it’s not like you’re entering a whole new world where everything is new. You will definitely find your favourites and the industry’s classics from Mega Moolah to Gonzo’s Quest and the like, as well as new releases and indie slot games.
Bitcoin Live Casinos bitcoin live casinoAside from slots, Bitcoin casino table games are also an important part of this niche of the industry. Not only that, there are live Bitcoin casino sites with live dealers so that everyone could enjoy the thrill of a real casino from the comfort of their home. Using a cryptocurrency shouldn’t be a reason to leave some players without their preferred games anyway, and it isn’t.
Play Bitcoin casino game or two and you’ll soon notice that they offer the same entertainment you’re used to, only with the benefits of BTC payouts. Whether it’s blackjack, Bitcoin casinos roulette, poker or even baccarat, Bitcoin live casinos have many variants of any famous casino game.
Despite Bitcoin being much more expensive than other currencies, the bet limits at these games are extremely diverse. You may start your games with bets that have almost too many zeros for decimals to count and raise them to your liking. Bitcoin play roulette online isn’t just a hobby for VIP players because even the most casual of gamblers can afford it. And you’ll still feel like a tuxedo-wearing high-roller, especially if you choose a live Bitcoin casino table game.
While there’s more than one Bitcoin casino that provides live Bitcoin casino roulette or other game from a certain developer, a number of these sites also have their own studios with their own dealers. That’s how big this sector of gambling is and it keeps growing, providing more and more gambling software, each more exciting than the other. So, choose Bitcoin play roulette online and you probably won’t want to ever turn back.
Bitcoin Betting Operators UK Bitcoin casino technology isn’t famous for being the most peaceful and safe. Don’t get us wrong, the currency and virtual wallets are all protected really well. However, the fact that it provides complete anonymity looks good to people who get the wrong ideas. In other words, virtual thieves and hackers often try to get the better of this system and benefit from Bitcoin casino game players and users of this currency in general.
Luckily, Bitcoin online casino real money gambling has been accepted by the UK Gambling Commission, which makes the life much harder for hackers. Well, at least when it relates to Bitcoin betting UK. The thing is, UKGC is very strict about online casinos and while they can’t control Bitcoin transactions, they can control the measures that all online casino Bitcoin operators need to take to ensure their sites are safe.
What this means is that if they want to offer a Bitcoin mobile casino game and pay out the winnings, they have to make sure they know who the winner is. While a simple measure, it does wonders in controlling money laundering and unregulated casinos won’t necessarily do that, unfortunately.
Using this strategy, the regulators are able to minimise the damage that anonymous thieves using Bitcoin casino player identities or Bitcoin betting site offers could make. Other than that, Bitcoin is safe and you’re more likely to lose your money by forgetting your wallet address rather than having someone else hack into it.
Finally, Bitcoin online casino games are tested by independent auditors, at least in a regulated Bitcoin casino. This means that they’re safe to play and will yield random results every time you spin or place a bet. The same industry standards for safety apply to these casinos, just like everywhere else.
Bitcoin Casino Support bitcoin casinoThe last thing we didn’t talk about yet is casino customer support. Like with all decent casino sites, every trustworthy Bitcoin casino offers support to their players. If there’s anything you need to know about Bitcoin casino free bonus, a specific Bitcoin new casino game, payments or anything else, you’d do well to let them know.
This also applies to anything that wasn’t clear in this Bitcoin guide or anything that we might have missed. Depending on a particular Bitcoin games casino, the agents should be available for at least 16 hours a day. 24/7 support is, of course, a much better option and many sites that accept BTC also offer such dedicated services.
Bitcoin Casino Conclusion We hope this guide got you to know Bitcoin a little better and that you’re ready to take the first steps to Bitcoin-funded gaming. Before you explore every Bitcoin new casino game though, here are the most important points of this guide, in case you didn’t read it through or forgot some of it (which is totally reasonable considering the length of this read):
Bitcoin is a virtual currency based on encryption technology that has no centralized bank to govern it, resulting in completely anonymous, safe and lightning-fast payments Gambling is possible with Bitcoin too, specifically at Bitcoin casinos, which are better than regular casinos in many ways Bitcoin casinos use newest technologies to offer top quality gambling entertainment to online and mobile users These sites have all Bitcoin online casino game types available at other gambling sites, including Bitcoin online slots and Bitcoin casinos roulette, among other examples The games come with an enormous variety of bonuses and promotions, include give-aways, no deposit bonuses, tournaments and daily offers You can enjoy all this fairly easily: just create a Bitcoin account and wallet using one of thousands of dedicated apps or desktop programs and buy some bitcoins to make a deposit Bitcoin deposits and withdrawals are faster than any other method, they have zero transaction fees and 100% private Finally, Bitcoin gambling sites are regulated and completely legal, so we hope we’ll meet you at one of them! TOP BITCOIN CASINOS Cryptocurrencies of all stripes are making waves in all kinds of industries, including online casinos. Bitcoin (or BTC), in particular, has seen a recent surge of interest and the blockchain technology behind it is becoming increasingly popular. Here’s an idea of some of the best Bitcoin casinos with NetEnt games at this moment in time.
- CASINO REVIEW WELCOME BONUS EXCL. BONUS CODE
1 BitStarz BitStarz 100% up to €100 Yes n/a Play 2 Playamo Casino Playamo Casino 100% up to €100 Yes FIRSTDEP Play 3 PlayFortuna PlayFortuna 100% up to €500 Yes n/a Play 4 Megawins Megawins 110% up to €150 Yes n/a Play 5 BetChain BetChain 100% up to BTC100 Yes n/a Play BITCOIN CASINO – THE FUTURE OF IGAMING Why choose a Bitcoin casino? Well, there are a number of perks that are unique to cryptocurrencies. Because it is decentralised, i.e. not under the control of any banking institution, this currency is completely resistant to inflation and to corruption. Transactions take place directly between the users exchanging the currency – no middle man involved.
Anonymity is also a big advantage over traditional currencies. Transactions are completely private, with both parties’ identities totally obscured behind a simple string of code that cannot be connected to any personal details.
A final point to note is that playing with BTC is very interesting to players who are subject to steep taxation on casino winnings. Bitcoin easily gets around high taxes, through its decentralised nature and anonymity.
When it comes to payment methods making gains in the iGaming world, it is worth noting that PayPal casinos are also seeing something of a boost in popularity. Already widely used in e-commerce, PayPal is growing steadily as the method of choice for online casino players.
However, there’s no doubting that the Bitcoin casino has several perks that trump even PayPal, so we only expect the momentum it has built so far to continue. With gaming authorities also beginning to integrate it within their procedures, this could well provide the platform for cryptocurrency casinos to fulfil their potential.
EXCLUSIVE OFFERS FROM BITCOIN CASINOS As this virtual currency is yet to be adopted by the majority of online casinos, the sites that do allow deposits and withdrawals in BTC are eager to give potential players a good reason to try out their product.
Most BTC casinos accept a variety of currencies in addition, so they will often provide a separate Bitcoin welcome bonus alongside the standard. These casinos may also decide to offer regular Bitcoin casino bonuses to you once you’ve signed up too, with reloads and other deposit offers found in BTC for your pleasure.
HOW TO USE BITCOIN AT AN ONLINE CASINO Right, so we know that this cryptocurrency is similar to online cash, but how do you use it to play at a Bitcoin casino?
BUYING BTC Simply find an online Bitcoin exchange, which is where you open up a wallet, a lot like traditional e-wallets such as Skrill and PayPal. From here, you select how much you’d like to buy, using a number of payment methods, with the amount being released to your wallet as soon as the transaction is processed.
PAYING WITH BITCOINS AT AN ONLINE CASINO Depositing via Bitcoin at a casino is easy. Simply select the payment method, login to your wallet and select how much you’d like to transfer. It’s as simple as that.
IS A BITCOIN CASINO SAFE? As the player, you’re in the best position here. The real risk is only held by the casinos due to the anonymity you enjoy. Whereas things like credit cards and e-wallets are held in the player’s name, BTCs have only a unique customer ID to identify the owner. You simply need to consider the usual things – license, reputation and reviews.
Itching to get started with BTC? Choose a top new Bitcoin casino from the selection above. How to pick your site from all the Bitcoin Gambling Sites? Safety and Security. Bitcoin Casino industry is growing really fast and there is a lot of new casinos. When gambling with Bitcoin, a new Bitcoin Casino has to proof its trust to players to get a good reputation. That means there is not much player complaints and everything works well in the casino. The top Bitcoin gamblings rooms we recommend are always tested and trustworthy. If you ever encounter some problems with any of these casinos, just let us know via the contact page or email us (info@bitcoincasinokings.com) and we will let everybody know. The Bitcoin Casino list is updated regularly based on your comments and our testing. Public feedback and attention is the best way to fix the problems and educate the Casinos to work more honest in the future.
Game Selection. The gaming selection in Bitcoin Casinos vary a lot. There is tens or probably over one hundred Casino Gaming Software providers and many Casinos have made a deal with few of them. Some Bitcoin Gambling sites even have their unique games which any other site doesn’t have. The big Casino Software providers guarantee the high quality of Bitcoin Gaming. Some Casino sites work more fast than others depending on graphic content. If you have a slower computer or slower network connection, that is a thing also to consider. This is also mentioned in the Bitcoin Casino Review list.
Promotions and Bonuses. Who wouldn’t like good Bitcoin Casino Bonuses and Promotions? Almost all the Casinos feature Deposit Bonuses in which you get extra Bitcoins for depositing. Some Bitcoin casinos offer No Deposit Bonuses by just making an account to the Bitcoin Gambling Site. A good Bonus can make your Bitcoin Gambling a way more profitable so that is definately a thing to look for.
Mega Gems slot game in CryptoWild Casino. Mega Gems slot game in CryptoWild Casino.
Gaming Software. Gaming software providers affect to the gaming experience. Almost all Top Bitcoin Casinos have many gaming software providers and you can choose your favourite company in the Casino lobby. Many players recognize Bitcoin gaming software providers like NetEnt (NetEntertainment), SoftSwiss, BetSoft, Novomatic and CoinGaming. You should test different software Bitcoin games and we thing you will find your favourite soon. By checking the Bitcoin Casino Reviews you can easily see which software providers each casino uses.
Bitcoin Casino Reviews. You can read our reviews of top Bitcoin casinos above. In the Bitcoin casino reviews you can see all the important details and bonuses. Also, you can view the ratings (from 1 to 5 stars) based on your experiences. If available, you can view customer comments below from the review. If there are not any reviews, why not write your own. We would like that a lot