What are Bitcoin Casinos?
If you are unfamiliar with Bitcoin (and cryptocurrencies in general), you should know that they are the most popular digital currency that uses the “Blockchain” Technology.
Many online casinos nowadays accept transactions using these digital currencies apart from traditional methods like bank transfers and credit or debit cards.
There are even online casinos that only accept Bitcoin and cryptocurrencies as payment methods.
A Bitcoin casino or Crypto casino as it is also referred to can be a website that accepts cryptos as payment methods and also offers money-based games that feature this payment method (known as BTC games or crypto games).
Despite Bitcoin being a decentralized currency, casinos that operate all over the world and take them as payment are still subject to each country's local laws and regulations. Or at least they should be. There are a lot of scam places that attract players by offering Bitcoin bonuses or games. Because of this, you should always do some background check about the casino before even creating an account.
Of course, These Bitcoin transactions give players the same gambling benefits as you were using any other payment method, which means that you will still get bonuses and promotions, and have access to casino games, slots, sports betting, online lotteries, and live dealers, as long as they are available.
How Bitcoin casinos offer Bitcoin games?
Software developing companies are the ones responsible for feeding an online casino’s library. Because of this, the top online casinos will have something in common: a lot of different companies providing games for them.
However, Bitcoin casinos are somewhat different from traditional casinos.
Many Bitcoin casinos with a large user base run “homemade” games; in other words, they develop their games. Additionally, they can also buy the rights of games to developing companies as they would do with any other game.
Like any other online casino game, this said software runs and conducts the game by itself. For casino games where all players must be humans, the software takes the place of the table dealer instead.
Of course, due to the digital nature of Bitcoin and cryptocurrencies, as well as online gambling, the main problem with these games is proving their fairness (especially those who are homemade by the casino).
Most online casinos try to prove their game’s fairness by just publishing how their game’s algorithm works. Other casinos just add unique features to make the games more appealing or even use peer to peer references.
Nowadays you will find a Bitcoin version of every category out there, including slots, roulette, and table casino games like poker or blackjack.
The rising popularity of Bitcoin casinos
For a long time, Bitcoin casinos were one-page websites that only offered a single game. Deposits and withdrawals were entirely run by the Blockchain technology, and the operators of the casino were completely anonymous.
One of the most popular games to play using Bitcoin was Bitcoin Dice.
Additionally, back when Bitcoin was just starting and cryptocurrencies, in general, were not as popular as they are today about 50% of all that featured Bitcoin in gambling occurred in SatoshiDice. Even if this place is still popular amongst online players, other casinos with more games and features have gone over this website.
Of course, nowadays we have crypto casinos that look the same as regular casinos, and even have more games to play rather than just one type of game.
The main factor that made Bitcoin casinos so popular was, without a doubt, the anonymity that they provide for online gamblers.
Also, most Bitcoin casino sites offer zero transaction fees when using Bitcoin, and also the withdrawal has unlimited daily amounts. On the other hand, traditional payment methods have lots of limitations, especially for their withdrawal limits, and fees.
The legality of Bitcoin casinos
Because of this, and the anonymous nature of their transactions, running a Bitcoin casino faces a lot of legal problems. Even today many online Bitcoin casinos operate under grey areas of the legislations of countries like the United States, for example.
However, they have been recently legally included in other countries, like Canada, the UK, and other European countries.
Traditional casinos do not have these problems, as traditional FIAT currencies have regulations and laws for their transactions, and they are easy to track as well.
Payments that make use of these traditional methods can allow authorities to track individual players, dealers, and even casino operators as well. But they cannot do this with Bitcoin casinos, or players that deposit or withdrawal in Bitcoin.
Other problems with Bitcoin casinos are the fairness of their services. Even if we mentioned what most casinos do to prove the fairness of their games, what assures you that all of that is true?
If you sum this to the fact that the player’s identity remains anonymous thanks to Bitcoin, fair business practice and the regulation of these practices become even harder to take from theory to practice.
Additionally, most Bitcoin casinos will only ask for a username, an email, or a crypto wallet address when creating an account. So, there are no additional data like age verification, location check, or other relevant details.
Even if this is one of the main reasons why online players love Bitcoin casinos, their legalization and legislation is complete chaos.
All of the casinos that you will find on this website are 100% fair. Our recommendation is to always do a background check before registering at an online Bitcoin casino to avoid getting scammed and lose your money in the process.
Bitcoin bonuses and promotions
Now that we have discussed the general aspects of Bitcoin casinos. Let us talk about the benefits of playing at them apart from using an incredible payment method.
One of the most important aspects of any online casino is its bonuses and promotions.
And there are lots of different bonuses that you can get. On this page, however, we will only mention the two main bonuses that you will see at most online casinos out there, which are Deposit bonuses, and no deposit bonuses.
Bitcoin Deposit Bonuses:
Deposit bonuses are the most common kind of bonuses that you will find in online casinos, regardless of them being traditional casinos or crypto casinos.
These bonuses are offered in several ways. They can give a huge boost to a single deposit or come as a welcome package for new players. They can also be accompanied with free spins as well.
An example of a deposit bonus will be this: a 100% bonus up to 1 BTC plus 20 free spins.
If you want to get this bonus, you must make a deposit first, then claim it (that is why they are called deposit bonuses). Most online casinos specify the minimum deposit amount required to get the bonus. If they do not mention this, you should ask their customer support before requesting the bonus.
Once you make a deposit, you will receive a 100% out of that said deposit. So, if you deposit 0.5 BTC, you will receive another 0.5 BTC to play. If you deposit 1 BTC you will indeed receive 1 additional BTC.
In this case, the bonus has a limit of 1 BTC that can be received, so, even if you deposit more than 1 BTC to get it, you will only receive a maximum of 1 BTC.
Free spins are usually given to specific slot games unless the casino does not mention any of this, which means that they can be used in any slot game.
Finally, these deposits come with wagering requirements, which you must fulfill before requesting a withdrawal from the casino.
The usual wagering requirements to find are 40 times the bonus amount. This means that you will have to bet the bonus money 40 times before requesting a withdrawal. So, if you have $100 in bonus money, that means that you will need to bet at least $400 (40 x 100 = 400) before you can withdraw any winnings.
Wagering requirements from 0 to 35 times are considered low wagering requirements. Between 40 and 45 times is considered the average wagering requirements. Anything above 50 times is considered high wagering requirements.
Free spins no deposit bonus:
As you might get by its name, this bonus gives free spins to the player without requiring it to make a deposit beforehand. However, other conditions like wagering requirements might still apply to the bonus.
This bonus is given as a token for players that would like to try out the casino’s games before playing with their own money.
Because of this, players mostly get up to 20 free spins for games like this, but you could use them in any slot game offered by the casino.
There is a variation of this bonus called free cash and free chips. Free cash is just giving the player money to play for free and try out all of the casino games instead of slots.
Free chips are just as free spins but for table casino games.
Finally, wagering requirements tend to be lower for free spins in comparison with regular deposit bonuses, even if they both give free spins.
Bitcoin casino games
As we mentioned earlier in this review, Bitcoin casino games have evolved so much, that you can hardly distinguish a traditional casino from a Bitcoin casino (apart from the fact that one takes Bitcoin and cryptocurrencies and the other one does not).
Nowadays players can find crypto versions of every kind of game like slots, table casino games, random number games, and even live casino games.
There are even crypto variations of slot games that include classic slots, jackpot slots, progressive slots, and even 3D slots.
Table casino games and live casino games include card games like blackjack, poker, baccarat, craps, sic bo, and roulette.
Random number games like Dice, Wheel of Fortune, keno, and bingo can also be found in the Bitcoin format.
Bitcoin Slots
Slot games are the kings of gambling in general, as they are the current most popular category.
One of the main reasons behind this is that they are extremely easy to play. All you need to do is bet and spin the wheel to see if you get a winning combination.
Also, in these games, you select the number and/or the direction of the betting lines. The more lines you bet, the more chances you have of landing on a winning combo.
Finally, these games are excellent to play using Bitcoin as they are fast games that allow small bets to be made while also having a chance to win lots of money.
Bitcoin Blackjack
Blackjack is a highly popular card game amongst gamblers. This game is also known as Twenty-one in other parts of the world.
The objective of the game is to make combinations of cards given to you and get as close to 21 as possible. If you manage to get a higher number than the dealer (and the other players, if any) without exceeding 21, then you win the game.
Many online casinos offer a lot of blackjack versions, and of course, Bitcoin casinos offer a lot of versions for Bitcoin blackjack as well. Especially since this is one of the most popular casino games for both formats.
Bitcoin Poker
Poker is another highly popular card game. This game has lots of skill, strategy, luck, and gambling involved.
Nowadays there are lots of different variations of this game that change in the number of cards, rules, and betting systems. Poker games can even have betting rounds depending on the variation.
Video poker has additional rules where a player can discard one or more cards in exchange for new cards to have a chance of creating a better hand.
Bitcoin poker just combines the advantages of crypto betting with all of the poker variations.
Of course, you can even play live poker using bitcoin in some online casinos.
Bitcoin Roulette
Roulette is one of the most popular random number games out there.
In this game, the dealer spins a wheel, and the player(s) can choose to bet on a single number, multiple numbers, a single color (black, red, or white), or several numbers and several colors.
Depending on the result, players can win up to 35 to 1 payout depending on the roulette type that they are playing.
This makes roulette the perfect game for players that love to test their luck and skills.
Bitcoin Dice, Bitcoin Craps, and Bitcoin Sic Bo
Classic bitcoin casino games make the player pick a random number. Then, the player must choose if the random number of the dice(s) generated by the machine will be lower or higher than the selected number.
These games have a lot of customization options. For example, players can select to have higher prizes at the cost of fewer probabilities of winning or to lower prizes by having more probability to win.
Finally, Sic Bo is another dice game where you bet on the results. This game was created in Asia and it is played with three dice.
Bitcoin Lottery
Even if lottery games as not as popular as slots or table casino games, they also have their crypto versions as well.
A lottery is a game where players must choose six numbers between a range of numbers, for example, from 0 to 49. If you can guess those 6 numbers in the right order, then you win the jackpot.
Despite the odds of getting a jackpot are insanely low, lower matching numbers also give players small prizes.
However, Bitcoin Lottery is a bit different. In Bitcoin Lottery games, players have a faster way to play the lottery, where in some cases, they can even see the winning chances and win amounts based on the number of participants.
The more players bet on the lottery, the bigger the jackpot becomes.
Bitcoin Wallets & Bitcoin exchanges
Right now, there are thousands of crypto wallets out there, and also a lot of crypto exchange websites that allow you to buy or sell cryptocurrencies.
Because of this, we once again recommend doing a background check before placing your money in a fishy place.
You can safely store Bitcoin using one of these two methods:
Using a crypto wallet:
Even if you can store cryptocurrencies in crypto exchanges, this is not recommended at all. There have been numerous cases where Bitcoin were stolen by hackers while players had them on their exchange accounts.
Because of this, we recommend having a personal wallet to store all of your cryptocurrencies more efficiently and safely.
Depending on where you want to store them (phone, tablet, or pc) we recommend using one of the following options:
- Electrum for Windows, Mac, Linux, and Android computers.
- BRD for IOS or Android devices.
- Bitcoin Wallet for Android devices.
Storing your Bitcoin on a physical device:
If you want to store your Bitcoin whit the ultimate level of security, then you should consider physical hardware wallets.
They look like your usual USB stick but with a few additions to them. You might have to need some time to get used to it, but once you sort it out it is the ultimate way to store your Bitcoin safely (unless you lose the USB, of course).
