Bitcoin Gambling Guide
Top BTC Gambling Sites in 2019
When it comes to cryptocurrencies, Bitcoin is the very first thing that comes to mind. This virtual currency has already become one of the most popular options for gambling enthusiasts around the world ans for obvious reasons. You won’t find a more anonymous, stable, and safe way to earn so much money. Bitcoins give gamblers a huge amount of financial advantages that no bank can offer. For instance, you do not need to register to start gambling using Bitcoins. You just need to create a Bitcoin wallet online in seconds and choose a site where they accept this cryptocurrency as a means of payment. Many online casinos already offer Bitcoin gambling for all their customers. As a result, hundreds of virtual playgrounds switched to payment in Bitcoins.
I have reviewed all of the popular and new portals and invite you to familiarize yourself with them all in order to make the right choice. Thus, let’s get to studying all the subtleties and nuances of progressive gambling resources.
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Types of Sites for Bitcoin Gambling
There are two main types of Bitcoin gambling sites. These are hybrid and exclusive online platforms. Let me tell you about the main principles of their work and key differences.
Hybrid Bitcoin Gambling Sites
These are traditional gambling sites that have recently started accepting Bitcoins as an alternative means of payment. All of them have been providing online gambling services for many years. As a rule, hybrid sites accept all common currencies (euros, pounds sterling, dollars, etc.). In addition, such sites allow you to bet on Bitcoins. If you have the desire, they can convert your Bitcoins into one of the standard currencies at the current exchange rate. After that, you can make a deposit, play your favorite online games or withdraw money in your chosen currency.
Many hybrid Bitcoin casinos offer an attractive option for the so-called provably fair games. There are a huge number of such games, including video slots, craps, blackjack, video poker, roulette, and others.
This option allows all players to control the integrity of the game. This principle works as follows. You need to insert your number into a specially developed algorithm and click the “Start” button for scrolling one round of the game you have selected. After that, you can review the results and check your number to make sure that the game was 100% fair.
Exclusive Bitcoin Gambling Sites
This type of site for Bitcoin gambling allows you to play and receive winnings only in cryptocurrency. Thus, there are no other banking methods introduced. Exclusive sites for Bitcoin gambling allow you to make deposits and withdraw winnings in virtually unlimited quantities. These online platforms offer all players interesting sign up bonuses and many weekly and monthly promotions. The amount of bonuses and the winning coefficient in exclusive Bitcoin gambling casinos is much higher than in hybrid casinos, as the difference is about five to six percent.
Therefore, if you are willing to play Bitcoin games an online casino, gambling establishments that accept bets and make payments only in cryptocurrency will be the best match for you.
Most of the casinos described below also have an interesting VIP program. It provides preferential rates for withdrawing funds, using various secure payment systems, 24/7 customer support, increased bonus rates, and a lot of others fantastic things.
Best Bitcoin Gambling Sites
FortuneJack Casino has a very modern design and will appeal to all fans of online Bitcoin gambling. Representatives of the casino try to participate in the life of the Bitcoin community, and you can chat with them in all major forums. One of the most impressive things about FortuneJack is the ability to play using a variety of cryptocurrencies, such as Bitcoin, LiteCoin, DogeCoin and others. Due to the presence of such a large selection of currencies, an exchanger has also been created on the site, so you can exchange one cryptocurrency for another. In addition, if you have a zero balance, you can request a tiny no deposit bonus, which is a great option for those who aren’t looking for big winnings, but just want to have some fun.
One of the few game resources, which in addition to the usual games provides the opportunity to make online sports bets. Moreover, the selection of sporting events is very wide, from Japanese basketball to Spanish La Liga. 1xBit has been operating since 2007 and has a huge assortment. The site offers a large selection of games, including, slots, live casino, poker, scratch card games, and even eSports bets. The deposit can be replenished using one of the following currencies: Bitcoin, Litecoin, Ethereum, Dash, as well as with the help of the less popular NEM, ZCash or Dogeсoin.
Bitcasino.io has more than two hundred Bitcoin games available. They also offer you a 100% bonus on your first deposit and a 50% bonus on your second deposit. The registration process is incredibly fast and only takes a few seconds to complete. This casino has the most popular games, including video slots, card games, video poker games, scratch card games, and live dealer games. There are also a lot of great bonuses.
The casino offers close to 1000 games of any kind. Each player receives a 110% bonus on their first deposit (maximum size up to one Bitcoin). And you can also get 100 free spins on your first deposit. Mbitcasino has a fascinating jackpot with a total of over 900 Bitcoins. All of the most popular banking methods are introduced, so you won’t have problem depositing and withdrawing your funds. VIP club is also presented. If you have any questions, you can always contact their round the clock friendly customer support and solve the problem.
Sportsbet is a well-known online bookmaker’s office with a huge collection of sports games for every taste. The only currency here is Bitcoin. Customer support works 24/7. This casino is protected by the latest HTML5 technology, meaning that all of your personal information is totally safe.
Cloudbet casino was invented in 2013. This fantastic casino has a lot to offer, including:
Live sports betting;
Games with live dealers.
The activities are carried out under the international license E-Gambling Montenegro. The portal positions itself as a Bitcoin casino. This was one of the first sites to accept payments with cryptocurrency, and that’s how it gained popularity. Cloudbet casino is progressive in terms of technology, so you can use it on any device - from PC to smartphone. The software presented at Cloudbet was developed by the British software provider-BetSoft. The collection has about a thousand slot machines that are available to play for money and in demo mode.
The choice of the games is diverse, especially when it comes slot machines. Whatever your preference is, you can easily find a slot with a suitable theme. There are over 500 different models, and the gaming machines are dedicated to travelling, scientific studies, myths, hobbies, movie plots, space, the animal world, and so on. You will never feel yourself bored.
Cryptowild is a pretty young project that was founded back in 2017. It operates on the basis of a license issued by the jurisdiction of Curacao. According to the information provided on the official website of the casino, there are over one thousand games of any kind, including slots, blackjack, baccarat, poker. But that’s not it. There are also live dealer games, jackpot games, and virtual sports. Cryptocurrency is the only banking method introduced in the casino.
There are over a million users registered on this fascinating site, and it isn’t surprising, considering how good the casino is. Playing Pokerdom is very relaxing and exciting, especially after a hard day at work. There is a friendly customer support that is always ready to resolve your problems. In case of a win, withdrawing funds is very simple. It is enough to choose the desired payment system, and you will be able to receive your funds in less than an hour. There are also a lot of bonuses that will be interesting to all of the customers. The poker room offers its true connoisseurs to try their luck in their own regular series of GCOOP tournaments with a fantastic prize. The "Casino" section is very nice as well. Here you will find a collection of games from the best manufacturers, free spins and bonuses, games with live dealers and huge wining. The “Betting” section provides an understandable and detailed description of all sports. All in all, you will experience unforgettable emotions with this casino.
Nitrogensports has been successfully operating in the online Bitcoin gambling market since 2012. This casino has a fantastic sportsbook and close to 300 online games. This casino lets you use Bitcoins to bet on the most popular events around the world. Nitrogensports also offers welcome bonuses to all new customers, as well as generous promotions for regular gamblers.
Betchan offers software products from the best developers in the gaming industry, namely SoftSwiss, Endorphina, Betsoft, Amatic, NetEnt, ISoftBet, Microgaming and Ezugi. Therefore, it is here that you will find the best graphics, animation, design and sound effects. The casino accepts all types of bets in Bitcoins. You will also have the opportunity to play live games against real dealers. 24/7 customer support is also provided. You also have no need to worry about safety, as Curacao EGaming guarantees the security of gambling accounts and the transparency of games.
Crypto-games has been offering customers the best online games since 2014. These are a lot of popular games, for instance slots, craps, various types of roulette and blackjack, baccarat, video poker, lotteries, and others. Crypto-games is a classic cryptocurrency casino. You can play in one of the following cryptocurrencies: Bitcoins, Altcoins, Lightcoins, and Dash. The minimum deposit is 0.0001 Bitcoin. Customer works round the clock.
Betcoin.ag is considered to be one of the best online casinos in that accepts bets in Bitcoins. Here you will find more than 400 online games, as well as GTD Poker Tours, Live Sportsbook, convenient deposit and withdrawal methods, round-the-clock user support, honest gambling and the best online protection in the online gambling industry.
Dunder started operating in 2016. It stands out from other casinos with interesting design, unusual structure and functional menu. The player will have the ability to choose from several dozen tables, and there are a lot of live dealers that you can compete against. You can also spend some time on playing poker, roulette or blackjack. Dunder has more than a thousand online games from the best gaming providers. Dunder pays great attention to fair play and conducts regular audits of fairness. This verification is carried out according to UKGC mathematical standards. This guarantees the players the absolute honesty of the online game, and speaks to the reputation of the casino.
Things You Need to be Aware of When Choosing A Bitcoin Gambling Site
List of important factors that should help determine the choice of the most suitable cryptocurrency resource:
Protection and privacy;
Reviews of ordinary players;
Recognition in the cryptocurrency ecosystem;
Availability of provably fair algorithm;
Experience of interaction and visual impression.;
Collaboration with renowned gambling providers.
Now let’s briefly talk about all of the factors.
The first point is binding and uncompromising. A virtual gambling house should keep user funds under maximum protection. The same goes for their personal information, even if it's just an email address. Avoid cryptocurrency casinos that do not value your safety and privacy.
The license guarantees the integrity of the Bitcoin casino in relation to the players. It allows you to maintain confidence that all actions of the resource are legal. This also tells you that the owners of the casino are serious about their business and won’t do anything stupid to the users, because they don’t want to ruin their reputation.
Quick deposits and payments are an undeniable advantage of any Bitcoin gambling site. No one should care when and why you want to transfer Bitcoins from one account to another. It is worth looking for portals with quick payment processing.
Bonuses not only make the casino more attractive, but also help you save some cash. Healthy competition is forcing virtual establishments to come up with new promotions and improve the conditions of the old ones. Sometimes bonus programs bring good benefits to the user, so it’s also an important factor that you should consider.
Reviews from other people can be extremely helpful. Consider the opinions of both experts in the field of gambling and beginners who are confused by the withdrawal system. They will help you avoid unnecessary stress and be prepared for pitfalls.
Ecosystem recognition overlaps with previous points, and there is just a bit of a difference. For example, if a Bitcoin gambling site is a silver member of the Bitcoin Foundation, this sets it apart from the rest. Charity, early adoption of the cryptocurrency, a huge community. Keep all of that in mind when choosing a casino to play Bitcoin games.
The provably fair system is perhaps the best thing that has happened with a BTC casino. Thanks to this algorithm, each player gets the opportunity to check the result of the game for honesty. If the site has such a function, this adds a hundred points to the reliability of the resource.
Are you enthusiastic about the original design of the portal? It's cool, but be sure to visit all sections of the casino. Open a random game to see how successfully it loads. Wander around the main sections, evaluate how convenient it is for you. It’s always best to check everything for yourself before registering and depositing any funds.
And by the way, do not forget to look at the list of manufacturers whose gambling applications are presented on the site. For example, you might have a favorite software provider, so look for a resource where there are many games from this company.
Pros of Bitcoin Gambling
Crowdfunding. Some Bitcoin casinos use crowdfunding. Users invest in a project that benefits both parties. Investors receive additional profit, and the casino can afford to make higher bets due to additional financing;
Protection from scammers and hacking. Anything can be hacked nowadays, and Bitcoin wallet is no different. But the protection here is a lot better comparing to the classic platforms;
Anonymous games and bets. Blockchain systems promote anonymity. It is not possible to track the translations that you make. Cancellation of transactions is also not provided. This allows you to place bets without revealing any information about yourself;
Provably fair system. Any player can mathematically prove that the results were not tampered with and that no one influenced the game. This algorithm first appeared in SatochiDICE, in one of the first (if not the first) Bitcoin casinos. Initially, it was used for dice, but then began to be used in other versions;
Almost complete absence of commissions during transactions. High level of security thanks to cryptographic ciphers - similar algorithms are used in the best financial organizations in the world.
Convenience in sending and verification - the whole range of operations related to this comes down to elementary actions that take only a couple of moments.
Transfer speed - while standard money transfers take from 1 to 5 days, the cryptocurrency is sent instantly. The only exceptions are cases where a series of network confirmations is required - but even this will take an hour at most;
Availability at any time - when using virtual money, you do not depend on time zones and working hours of banking institutions;
Bitcoin casinos are chosen by the most active and advanced members of the online community. These are people who are knowledgeable in high technologies, often workers in the economic and IT sectors. Such players are deeply immersed in the game process and often make significant bets;
Bitcoin casinos are ideal for those who do not pursue big winnings, but want to enjoy the game process. The creator of this cryptocurrency made it possible to divide it into the smallest parts, as there is 100 million satoshi in one Bitcoin. A player can bet one satoshi, which is approximately $ 0.002. Therefore, if you do not want to risk your friends, you can still play and enjoy the game;
Bitcoin volatility. This cryptocurrency has been constantly growing in price since its inception: over the past three years, it has risen in price more than ten times Thus, players will have a great incentive to set up an account and replenish it in Bitcoins, because the price will most likely keep growing;
Feel free to play anywhere. The player’s IP is not defined in the crypto casino, so he can play in any country and withdraw money from his account - even where Bitcoin gambling is strictly prohibited by law. Supervisors will not be able to track and block the player.
Frequently Asked Questions
Is Bitcoin gambling legal in all regions?
Unfortunately no. Bitcoin is prohibited from use in some of the regions.
How to start using Bitcoin?
To start using Bitcoin in a casino, you need to have an online wallet or download a client. The difference is that online security is provided by the service, and if you download the client, then you are responsible for it. To open an account, you do not need to go through any tedious registrations, check email, SMS, send a passport scan, as you can open your account by pressing just one button. There are wallet versions for four mobile operating systems and three computer operating systems. There are several programs for each. You can also get a wallet online. Unfortunately, using one wallet from several devices will not work.
What is a Bitcoin wallet?
A Bitcoin wallet is the place or device where BTC is stored. The main purpose of a Bitcoin wallet is to store a special key to access the wallet address in the system. It is important to keep this address and not pass it on to third parties. Therefore, a Bitcoin wallet can be on paper or on a separate flash drive, or it can be located on a computer in the online version.
At the same time, a person does not store cryptocurrency in the usual sense, but only the keys to access it and the right to manage money and conduct transfers from Bitcoin addresses.
How to buy and sell Bitcoin?
All transactions ever conducted with Bitcoin are stored in open form and everyone can see them. You can buy Bitcoin by exchanging one of the other currencies for them, buy it online, from a private seller or on the exchange. At the beginning of the appearance of Bitcoin, they were mined on processors and video cards themselves, but now this method is outdated and does not bring profit. You can spend currency not only in online casinos, but also in numerous stores, and buy anything you want with it.
Where can I get Bitcoins for free at online casino games?
Some Bitcoin casinos placed on this list have a built-in bonus tap that gives out free satoshi, so you can enjoy the game without paying a cent. Another option is to collect satoshi on Bitcoin faucets. There is also a way to collect cryptocurrency by surfing sites (viewing web pages for a while) on Bitcoin boxes.
What is the level of anonymity on Bitcoin gambling sites?
There are three reasons why Bitcoin is considered anonymous.
Firstly, unlike bank accounts and most other payment systems, Bitcoin addresses are not tied to the identity of users at the protocol level. Each person can create a new randomly generated Bitcoin address at any given time(and the associated private key) without having to provide anyone with personal information;
Secondly, transactions are also not tied to the identity of users. Thus, everyone can transfer Bitcoins from one address to any other, without the need to disclose any personal information;
And thirdly, the transaction information of Bitcoin is transmitted by randomly selected P2P network nodes. While the Bitcoin nodes are connected to each other via IP addresses, the nodes do not know whether the received transaction was created by the node that transmitted the information or if it just redirected it.
How to find out if a Bitcoin casino is provably fair?
There are several ways to find out if a Bitcoin casino is provably fair. You can read various reviews and opinions about the particular casino that interests you. You can also check if the casino generates its results locally by writing down the hash function of the server side and client side that you enter in the Bitcoin casino games. Also, carefully study the explanations and information that the casino provides users with to prove that it is provably fair. There is no instant and accurate scientific way to test casino honesty.
How does provably fair system work?
Provably fair system is a real breakthrough. This allows players to verify that they are getting fair odds for every bet. Using encryption technology, players can verify that the casino has no control over the randomness of betting results. Each game uses this system in different ways, but the concept is becoming widespread in most major Bitcoin casinos. It’s truly something comparing to traditional casino, where, In most cases, you won’t even be able to verify your bid. You only have to rely on the integrity of the RNG (Random Number Generator). Game research and integrity testing can take several weeks or months when it comes to betting with traditional currencies.
How long will it take to cash out my winnings?
Deposit and withdrawal of Bitcoins does not take much time. Small amounts are processed instantly if you have a wallet account connected. For large amounts, it usually takes from 2 to 10 hours to process a transaction. It is important to understand that large amounts of winnings are processed and withdrawn to the Bitcoin casino for security reasons - transactions with Bitcoins are confirmed from several minutes to two hours on average, regardless of the number of Bitcoins you send.
Do I need a credit card or a bank account to play?
To play at a Bitcoin casino, you do not need to have a credit card or a bank account. You can play using Bitcoins, which are not only easy to send / receive, but also do not have additional fees for use. Credit cards and bank accounts usually have an additional commission / service fee, while Bitcoins are free, with the exception of a transaction fee of 0.0001 Bitcoin, which currently is less than $10 cents, so basically there is no additional commission.
Are Bitcoin casinos regulated?
Not all Bitcoin casinos are regulated; however, the most trustworthy casinos are licensed and regulated. As in other industries, Bitcoin casinos must be licensed by the appropriate regulatory authority in their country; Despite this, many Bitcoin casinos do not receive licenses. Thus, each player who is interested in a particular casino must make sure that it is regulated and has a proper license.
Another important thing related to licensing Bitcoin casinos is that casinos are based in countries where the availability of a license is only a matter of paying the appropriate commission and obtaining a certificate. Based on this, it is recommended that you always study the information about a particular casino before investing in it.
Do I need to download any software?
It depends. If you want to create a Bitcoin wallet on the hard drive of your computer, you will need to download and install the appropriate software. At the same time, if you want to use the Bitcoin web wallet from provider companies, you will not need any additional software. You can access your wallet through a supported browser. However, some Bitcoin casinos require downloading and installing a client program for the game on your computer. In addition, many Bitcoin casinos use additional software that must be downloaded separately.
Are there any bitcoin gambling sites or applications that work on mobile devices?
Indeed. There are many Bitcoin gambling sites and applications that work well on modern phones, including Android, iPhone, and others. You can download these apps from Google Play Store and Apple Store. Some companies offer to download their applications directly from their website.
Always download casino applications from companies that are provably fair in their algorithms and operations.
How do deposit bonuses work?
A deposit bonus is a kind of promotional offer and means a percentage of the amount of money that a player invests. The principle of operation of this deposit bonus differs from site to site. Some gambling sites set the required number of bets, others set the minimum bonus amount that must be reached in order to use the bonus, and the third set the minimum number of games played. Thus, it is strongly recommended that you always read the terms and conditions of use of the deposit bonus before choosing a site with a Bitcoin casino based on promotions and offers.
Are Bitcoin Casinos Safe?
There is no single answer to this question, as it all from the certain casino. There are many safe and provably fair Bitcoin casinos and just as many unscrupulous and dishonest casinos that are trying to scam you.
Is there a limit on the minimum deposit amount?
Nope. Bitcoin casinos do not have a minimum deposit amount. The most commonly used currency unit in Bitcoin casinos is Milli-Bitcoin (mBTC). For example, if you decide to make a deposit of 1 Bitcoin, then it will be converted 1000 mBTC. You can play games using these 1000 units of your Bitcoin deposit. You can make deposits of any size. Some casinos have a minimum allowable deposit, and if that’s the case, then you should check out the official website of the casino to find out more information.
What is the difference between hot and cold wallets?
Hot wallet lets you spend funds at any times. This wallet is constantly connected to the Internet, because it supports an active connection to the Bitcoin network.
A cold wallet works in exactly the opposite way. It is not intended for the regular sending of cryptocurrencies; however, funds for it can be obtained at any time. A cold wallet does not have a direct Internet connection, since it is used to store Bitcoins offline.
Why should I check for a license even if the casino games are provably fair?
Casino can be provably fair, but it doesn’t mean that it can’t scam players and prevent you from withdrawing your funds. If the casino doesn’t have a license, then it’s better to avoid it.
What other cryptocurrencies can I use for online casino deposits?
Litecoin, Dash, Playcoin, Dogecoin, Ethereum, as well as a ton of others. It all depends from the cryptocurrencies that the casino supports.