Bitcoin casinos are the latest craze in the world of online gambling and have become one of the most popular ways to play casino games online. Using Bitcoin to gamble is much easier than traditional methods. One of the major advantages of Bitcoin casinos is that the game results are provably fair. This means that casino operators cannot cheat. Bitcoin casinos are the way to go for the most secure gameplay.

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• Best Online Bitcoin Casino
• Bitcoin Casino Online Gambling Slots
• Bitcoin Online Casinos
• Bitcoin Gambling Sites

Bitcoin gambling has exploded in recent years with many gambling fans choosing to play at crypto casinos in favour of traditional online casinos. The added restrictions and complexities of playing and paying at regular casinos have driven many of us to look for a better way to playenter bitcoin gambling! The best bitcoin casino list – top 10! Bitcoin casinos are the latest craze in the world of online gambling and have become one of the most popular ways to play casino games online. Using Bitcoin to gamble is much easier than traditional methods. One of the major advantages of Bitcoin casinos is that the game results are provably fair. This means that casino operators cannot cheat.

Bitcoin Gambling Game

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BetChain

BetChain casino is a stellar cryptocurrency casino that was established in 2014. It’s one of the most established Bitcoin casinos on the market, offering an enormous range of games, great bonuses, and secure gameplay.

KingBit

KinBit casino is a crypto casino that offers secure gameplay in a royally fun environment. Play their selection of 1250 casino games, in a variety of cryptocurrencies including Bitcoin, Ethereum and Ripple. This Bitcoin casino is ideal for newcomers and experienced players.

BitStarz

BitStarz is another established top online Bitcoin casino, having launched in 2014. BitStarz is known for its enormous variety of slots, table games, live casino games, and more. You can play at Bitstarz using Bitcoin, as well as Bitcoin Cash, Dogecoin, Ethereum, Litecoin, and Tether. It’s one of the best Bitcoin casinos in the business.

7Bit

7Bit casino has been around for a long time – having launched in 2014. This casino offers a vast selection of top casino games, as well as fast deposits and withdrawals. It’s a well known and trusted casino, with an outstanding reputation.

CryptoWild

CryptoWild casino was first established in 2017. This casino is known for its selection of interesting games, extremely generous bonuses, and secure gameplay. It has a fun and contemporary design that’s well-suited to the modern gambler.

Haz Casino

Haz casino is a newer online casino that’s already making a splash. Haz casino has a truly enormous selection of games (ranging into 6,200), and a 125% wager free bonus that you can score with the deposit 125FIRST. The casino has a colorful design, and it’s available on both mobile and desktop devices.

Greenspin

GreenSpin casino is a socially-conscious online casino with thousands of slots, table games, and more, from the top software providers. GreenSpin casino has a stellar bonus of 100 free spins and up to 650 EUR as part of the welcome package.

Drake Casino

Drake casino is a well-known cryptocurrency casino that was established in 2012. It’s one of the oldest cryptocurrency casinos out there, famous for their generous bonuses and excellent selection of casino games.

TeleVega

TeleVega casino is a newer online casino that has already made a name for itself in the gambling community. You’ll find top slots from the very best software providers, as well as table games and so much more. Register and score 25 free spins.

History of Bitcoin

In 2008, Satoshi Nakamoto released the Bitcoin whitepaper as a response to the global financial crisis of the time. His goal was to provide an alternative to traditional financial and economic institutions, which had failed people – proven by the global recession. The following year, Satoshi officially released Bitcoin by mining the genesis block of the cryptocurrency, which had a reward of 50 Bitcoins. Embedded in the block was the text, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks” in reference to a headline that The Times published on the same day. This is seen both as a timestamp and a comment of the fragility of global banking.

When Bitcoin was first released, it was worth only $0,008. 10 years on, and Bitcoin has seen all time highs of over $20,000 per BTC. While prior attempts were made at creating a digital currency in the 1990s, nothing ever stuck. It wasn’t until Bitcoin came along that we saw the birth of an entirely different financial system – the cryptocurrency market.

History of Online Casinos

Online casinos have a relatively short history, having come to the forefront of play in the 1990s. Prior to online casinos, the only chance a punter had to play was with their friends or in a brick and mortar establishment.

Microgaming, which is still one of the top software providers today, was one of the first to launch an online gambling website back in 1994. These websites were a far cry from what we know of online gambling today, but they were certainly exciting and innovative at the time.

The online gambling industry started off with a selection of very small, and basic, casino games. Since then, we’ve seen the introduction of BTC gambling, live dealer gambling, virtual games, and so much more.

How to Start Playing at a Bitcoin Casino

To actually start playing at an online Bitcoin casino, you’ll first need to acquire Bitcoin. Long gone are the days when you’d have to know someone who owned Bitcoin to buy your own. Now, you can simply head to an exchange or marketplace and purchase Bitcoin almost instantly with your credit or debit card.

Top exchanges include Binance, Coinbase, and Kraken. These exchanges sell to you at the price that Bitcoin is currently at. The sites facilitate the transactions entirely, and often have built in crypto wallets for you to store your Bitcoin in.

Alternatively, you can head to a P2P marketplace like LocalBitcoins to buy Bitcoin. A P2P marketplace facilitates transactions between traders. The site will usually take a small fee to cover their costs and make a bit of a profit, since they’re not technically benefiting from the transactions themselves. Traders set their own prices so you may be able to pick up a bargain.

The Advantages & Disadvantages of Bitcoin Casinos

Of course there are many advantages to Bitcoin gambling, but it’s important that we look at this topic with a measured view.

Bitcoin gambling is generally more secure, faster, and more accessible than fiat gambling. However, Bitcoin casinos may be unlicensed simply by virtue of the fact that this allows them to offer unrestricted access to players from all over the world.

Furthermore, Bitcoin casinos that only offer proprietary games (games built in-house for the casino) often have a very limited selection of offerings. Variety is important when it comes to online gambling, so this can’t be overlooked.

Read more: How Bitcoin Casinos Work

Bitcoin Deposit Bonuses

When you first start hunting for a good Bitcoin casino, it’s important to check out what BTC deposits they offer. You’ll find that many casinos offer welcome package deposit bonuses in Bitcoin, as well as other cryptocurrencies and even some fiat currencies. You can choose your preferred currency upon sign up, and then play with it and score deposit bonuses.

For example, a casino like CryptoWild offers a 150% match deposit bonus plus 150 free spins with your first Bitcoin deposit (or deposit in your currency equivalent). This is just one of hundreds (if not thousands) of match deposit bonuses you’ll find online, so it’s best to check out the promotions page of the casino you plan on playing at.

Types of Games:

Virtual Casino Games

Here the outcome of each game is purely dependent on the data produced by a PRNG (Pseudorandom number generator). This concept is utilized in online casino games such as cards, dice throws, roulette wheels or even a spinning slot machine. When properly implemented, it ensures fairness and unpredictability in the game. With the audited results, the player can be assured that the software has not been rigged and concerns of trust will not arise.

Live Dealer Casino Games

Live dealer games are an incredibly popular online gambling offering, and because of their 21st century nature, many Bitcoin casinos choose to offer them. In such online games, a live human dealer runs the game real-time from a casino dealing table. This can be seen via a live stream video feed and players can proceed to place their bets via a console on their computer screen while communicating with the dealer via a chat text function. The beauty with this online gaming platform is definitely the fact that the outcomes of the game are determined by real life actions as compared to automated processes in virtual casino games.

There are numerous games one can choose from and depending on your preference, you are definitely bound to find something that suits you. Games on offer may include; blackjack, craps, roulette, baccarat, slot machines and poker. Slots continue their reign as some of the top Bitcoin games, with most Bitcoin casinos hosting a wide selection to keep their players happy.

The Difference Between Bitcoin Casinos and Other Casinos

The main difference between top Bitcoin casinos and other casinos is, of course, the fact that you can gamble with BTC. However, there are some other key differences, although it will depend on the platform you play on:

• Many Bitcoin casinos offer provably fair games and gambling, compared to other (fiat casinos) which do not.
• Proprietary games are common at top Bitcoin casinos, while most fiat casinos tend to outsource their games from software providers.
• Transactions are made over the Bitcoin blockchain, rather than through third-party payment providers.

How to Get Free Bitcoin

Unfortunately, gambling with Bitcoin usually means spending your money. We’ve covered how to go about buying Bitcoin, but what if you want to come into it for free?

Many casinos and trading platforms offer Bitcoin giveaways. You can compete in competitions or promotions to score free BTC, which you can then use at the best Bitcoin casinos.

Some casinos offer Bitcoin faucets which allows you to play for free, with the chance of winning, totally on the house. These faucets are a perfect way to test out a platform before committing any real money.

Match deposit bonuses are another way to score free Bitcoin. Of course, you still have to put your own cash in, but you could get a good amount back. For example, KingBit casino offers a 110% first deposit bonus up to 1 BTC.

Online Bitcoin Casinos

Even though the Bitcoin casino industry is relatively new, the software is developing very quickly and catching up to the more well known and established online casino companies. We’ve also seen more and more traditional online gambling operations accepting Bitcoin as a payment method.

Because the Blockchain verifies all transactions, making withdrawals at Bitcoin casinos is far easier than at normal casinos. Many of the best Bitcoin casinos we’ve tried have extremely fast withdrawal policies so that winnings are credited back to you almost immediately without the delays experienced at normal online gambling sites. With that being said, the speed of Bitcoin withdrawals are reliant on the number of transactions happening on the blockchain – so some withdrawals might be faster than others.

If you’re worried about the legality of Bitcoin casinos, most get their software either through lease or purchase from companies such as SoftSwiss, it’s a completely legit affair. However, others offer proprietary games (games built by and for the platform they’re hosted on) which will usually be provably fair.

Bitcoin Casinos FAQ

Are Bitcoin Casinos Regulated?

Not all Bitcoin casinos are regulated, however many are. Hybrid casinos in particular (casinos that offer both crypto and fiat gambling), are very likely to be licensed. Some of the most popular licenses obtained by Bitcoin casinos are from the Malta Gaming Authority, the Government of Curacao, and the Swedish Gambling Authority. Some Bitcoin casinos may choose to remain unlicensed, so that they can continue offering their games to players from all over the world without any restrictions.

How do Bitcoin Deposit Bonuses Work?

If you’ve played at any online casino before, you’ve likely encountered a deposit bonus. The kinds of promotional offerings available at Bitcoin casinos will vary from platform to platform, as well the required deposit amount and wagering percentage. Some BTC casinos will put a limit on the minimum amount of Bitcoin you can deposit, sometimes in the form of mBTC. You should always read the terms and conditions of any bonus before you try and claim it.

Is Bitcoin Gambling Legal?

Technically yes. Bitcoin gambling is just as legal as gambling with fiat currencies like USD, GBP and Euros is. It usually isn’t subject to any different legislation, however some countries are attempting to regulate it differently. Obviously, if gambling is outlawed entirely in your country, Bitcoin gambling will also be illegal.

Why You Should Play at a Bitcoin Casino

Since its launch in 2009, Bitcoin has been the catalyst for the creation of an entirely new market – the crypto market. Simply by its nature, Bitcoin is vastly more secure and private than traditional fiat currencies. It offers faster transaction speeds, safer transactions, and a level of anonymity that fiat currencies simply do not. If you’re not playing with Bitcoin, you’re missing out.

Best Bitcoin Online Casinos 2020

Contents

Best Online Bitcoin Casino

• 4 Bitcoin in Online Gambling
• 5 Bitcoin Casinos F.A.Q

While online casinos have an array of payment options, English bitcoin casinos shy away from the conventional use of traditional currency. Instead, they opt to conduct their transactions using the more convenient BTC. However, not all bitcoin gambling establishments share the same trustworthy reputation that is common to online casino operations in the region. This review lists some of the recommended brands that punters can visit for a successful gamble. These are:

• Mansion Casino
• Euro Grand casino
• Raging Bull Casino
• NetBet Casino
• 1X Casino
• Red Stag Casino
• Lucky Red Casino
• Jackpot City Casino
• Casino 1 Club
• Enzo Casino
• Euromoon Casino
• Uptown Aces Casino
• Sloto Cash Casino
• PlayAmo Casino
• Yako Casino

The above-listed casinos have a mélange of gaming options and also come with inviting welcome bonuses. The best mobile bitcoin casino websites can be accessed using commercial browsers as well as mobile applications.

Bitcoin Casino Online Gambling Slots

Bitcoin Gambling

Online gambling market is one of the largest in the iGaming community. Following this, it was only prudent for gambling operators to provide a convenient platform for gamblers to facilitate payment. BTC as a method of payment covers this niche. The overarching uses of the cryptocurrency have led to its deployment in bitcoin casinos.

However, before you can make the switch to top bitcoin casinos, there are a few things you must know about gamblers bitcoin.

Access to Bitcoin

Bitcoin is a decentralized digital currency that is developed using blockchain technology. It was founded in 2009 by an anonymous person or group of persons that go by the alias Satoshi Nakamoto. BTC is free from government interference, owing to its decentralized nature. Its value is only controlled by the market forces of demand and supply. The cost of BTC is calculated according to how it is being used and its availability in the economy. It also eliminates the need for banks in financial transactions.

At any given point in time, there can be only 21 million bitcoins in existence. To gain access to the cryptocurrency, one has two options. The first is to buy the cryptocurrency from BTC exchanges located across the globe. The amount of bitcoins one gets varies depending on its value at that given time. The second option is to mine the digital currency. Mining involves the execution of mathematical tasks through computer software. The latter option may take extended periods of time and depends on the processing power of your computer.

Bitcoin in Online Gambling

You can now gamble with bitcoin. Recent developments have seen the inclusion of BTC as a payment method in some online casinos. It should be noted that not all online casinos accept it. Bitcoin gambling sites allow players to place wagers on different games using the digital currency.

Mediums of Payment

Bitcoin is stored in a BTC wallet. The wallet has a unique address that can be used to transfer funds in and out of the wallet. Utility mediums of payment like E-wallets can also be used to store BTC. E-wallets are digital credit cards that can be used to store personal and financial information. They are secure gadgets that will automatically input account information and personal details in a transaction without the need for human intervention. There are a number of popular E-wallets that can be used for BTC. These include:

• Neteller
• Skrill Moneybookers
• Click2Pay
• Click2Buy
• EcoPayz, and
• PayPal among others.

Most casinos will accept BTC payment via E-wallets but will immediately convert it to Pounds. BTC deposits and withdrawals are processed faster than other banking options. The E-wallets may also be used by non-bitcoin casinos to effect a bitcoin payout.

No Transaction Costs

Generally, there is no levy on bitcoin gambling in the United Kingdom. Nevertheless, a player may incur some charges depending on the service provider that is used. For instance, depositing funds into your EcoPayz account from a third source attracts a 5% percent charge on the deposit.

A Safe Choice

Among other options available, Bitcoin gambling is a safe bet. The security of BTC is preserved by the anonymity of the transactions. Each time an operation is successful, the virtual software will generate a digital certificate that verifies the authenticity of the deal.

In addition, BTC, unlike other methods, will protect the identities of the parties to a transaction. Credit cards and online banking are prone to hacking and other similar security risks.

Top bitcoin websites also undertake measures of their own to protect their clients’ data.

Licensing and Regulation

Since 2014, the UK Gambling Commission requires all online casino operators to acquire a license before conducting any activities in the UK. It is vital for a player to check the casino website to confirm whether that particular casino has been licensed by the jurisdiction it operates in.

Regulation of online casinos gives players a platform to raise their complaints. If a dispute arises between a player and a casino, either party may raise their concerns with the relevant regulatory authority. Regulation also extends to game testing and certification. All games available for play should be tested by an independent body such as eCOGRA or GLI to assess the game’s fairness and predictability.

It might be wise to peruse the law on gambling before investing in a particular casino.

Bitcoins can be used to deposit and withdraw funds from your account. It is the fastest cash out option available among casino banking options. Some of the top bitcoin iPhone casino sites only offer their services using the virtual currency. It is safe, reliable, and most of all convenient.

Bitcoin Casinos F.A.Q

Is Gambling with Bitcoin Really Legal?

There is no definite answer to that – it differs from one nation to the other. First, see if online gambling is legit in your country or not. Secondly, check the validity of the cryptocurrency in your country. If the answers are yes, then yes it is legal in your state. Make sure, and you know the game providers.

Is Gambling with Bitcoin Anonymous?

Yes, it is entirely anonymous – there is an additional layer to protect your identity. However, to gamble anonymously, you will need a casino that doesn’t require personal details to register you.

Is There a Minimum Deposit on Bitcoin Casinos?

Bitcoin doesn’t have such restrictions. However, it is the casinos to who decide their limits. Hence, it is likely to differ depending on which casino you choose.

Are There Territorial Restrictions for Bitcoin Casinos?

Some casinos exercise certain territorial restrictions.

I Am Not a Technical Person, Can I Still Use Bitcoin Casino Site?

Even if you don’t understand the ins-and-outs of Bitcoin Market of course, you still can. You need not know how Bitcoin works for Bitcoin gambling. The payment method works pretty similarly to the way other methods do. However, having a basic understanding of BTC, online gaming and internet will keep you afloat at all times.

Which Cryptocurrencies Can Be Used for Deposits except Bitcoin?

At present, numerous online casinos have opened their gates to Bitcoin apart from the credit cards, bank transfers, e-wallets and so on. In fact, now many Bitcoin casinos support multiple cryptocurrencies like Ether, Litecoin, Dash, etc.

Bitcoin Online Casinos

Is It a Safe Banking Method?

The way the Bitcoin wallets work, it is difficult to get hacked. Not only, the hacker needs to have your login details but also your phone. So, overall it is a safe banking method.

How Fast Are the Bitcoin Transactions?

As compared to the traditional credit card and e-wallet transactions, both the deposit and withdrawal goes instantly.

Bitcoin Gambling Sites

How Can You Compare Bitcoin to Other Banking Methods?

Bitcoins are much better than most of the traditional methods in so many ways; need no personal details, work instantly, lower house edge. The only drawback would be the BTC value fluctuates which means if the value drops, you are not going to withdraw much money.

Do Bitcoin Transactions Have Fees?

Bitcoin is a peer-to-peer electronic cash system which doesn’t have to go through any authorizing bodies. Thus, people get low transaction fees as compared to the other methods. However, the BTC price fluctuates a lot.

How to Deposit and Cash out in Bitcoin?

It’s simple. For deposit, purchase Bitcoin using real money in your BTC wallet. Look out for the BTC deposit address in the casino, copy it. Select send button from your wallet, paste the casino BTC address, enter the amount you want to deposit and send.

Similarly, choose BTC from your cashout option, copy your wallet’s BTC address, paste it where the casino asks for withdrawing BTC address, put the amount and send. Your payout will be processed within a moment.