Over the last decade or so, cryptocurrencies have gradually increased in their popularity and use around the world. In fact, ever since the mysterious figure Satoshi Nakamoto first created Bitcoin and mined the genesis block back in 2009, the rise of cryptocurrencies has been meteoric. Other cryptocurrencies soon followed, of course. These include Ethereum, Ripple, Litecoin, Dogecoin, and Bitcoin Cash. It only took until around 2014 for the first Bitcoin casino to appear. Soon, these digital currencies became true rivals to fiat ones like the euro, US dollar, and UK pound. What is the beauty of playing at an online Bitcoin casino? What's the best crypto casino? Read our overview of crypto and Bitcoin gambling to find out!
Here we will be discussing the advantages of using cryptocurrencies to play at online casinos. Moreover, we’ll go over how you can find the best crypto and Bitcoin casino sites and how you can do all of the good stuff. Making a casino deposit via your crypto wallet, claiming online casino welcome bonuses, and playing an exclusive range of Bitcoin games. These are some of the topics we will cover on this page. So, let’s dive right into the often misunderstood world of blockchain gaming and discover how easy it is to get started.
Before we begin, it’s worth covering what cryptocurrencies are. Let’s see how they are used online alongside their advantages over playing with national currencies.
To cover the first point, cryptocurrencies are a virtual form of digital money held in an electronic wallet, otherwise known as an e-wallet. People can move the currency from one wallet to another using popular cryptocurrency exchanges such as Kraken, Coinbase, and Bitstamp. The same exchanges also enable you to buy, say, Bitcoin using regular euros, for example. Then, with each transaction, a digital ledger uses blockchain technology to keep a record of who owns what. In fact, every single translation is stored on multiple computers.
As for the gambling part at Bitcoin casino sites, it’s identical to standard iGaming. Players must create an account with an operator of their choice, make a deposit, and play. Other than using Bitcoin for depositing, nothing else differs. You get access to top-class games, generous bonuses, and prompt support.
BTC gambling is typical remote gambling just done with Bitcoin. The same applies to crypto gambling, but this concept includes playing in any digital currency like Bitcoin, Litecoin, and Ethereum.
One of the main advantages of using this blockchain technology is its cast-iron security. It is currently impossible for any one entity to mess with the digital ledger. Every cryptocurrency user stores everything, and there is no central authority looking over things. Plus, no one person or organization can control its movement to its advantage.
The second benefit is that everything happens anonymously. So, there is no way for transactions to be traced back to a single user. This has significant advantages for people who want to keep their gambling under wraps.
Other pros of playing with the best Bitcoin casino operators include instant transactions, low fees, and fairness. Forget about long and untransparent cashout processes. BTC transfers complete within seconds and usually without or with low charges. Plus, some Bitcoin and crypto operators implement the Provably Fair system that guarantees random outcomes every single time. We will, however, explain this concept further in a separate paragraph below.
While the concept of playing casino games with BTC is and crypto is positive, it does come with some cons. Players need to keep these in mind before signing up with one of the brands recommended here.
First, we must mention the high price volatility of cryptocurrencies. These can drop or jump by 50% in a day. Sometimes, you’ll cashout $100 worth of Bitcoin that could lose its value within an hour. Other times, you’ll profit from this volatility. Either way, it’s good to expect it, as otherwise, you may be bitterly surprised.
Second, you must be prepared for the high conversion fees. If you want to turn your BTC or other cryptos into fiat currency, the conversion is expensive.
Finally, many countries have banned the use of crypto. Meaning, you either can’t use them or choose to use them illegally, which can result in severe fines or penalties. For instance, Bitcoin is not legal tender in the United Kingdom. So, looking for a Bitcoin casino for UK players doesn’t make sense. However, cryptocurrencies are permitted in the United States. Meaning, it’s fine to try your luck at a Bitcoin casino targeting USA consumers.
Let’s discover more about exchanges and wallets. Assuming you’ve never used cryptocurrencies like Bitcoin, Ethereum, or Bitcoin Cash, the first thing you need to do is sign up at an exchange. Some of the most popular ones are Kraken, Coinbase, or Bitstamp. There are lots of others, of course, but these are the ones we recommend.
Once that’s done, you can then transfer fiat currencies like euros or dollars to the exchange. You’ll be given an up-to-the-minute (or second even) rate for changing your money into one of the cryptocurrencies. Just follow the onscreen instructions for how to do this – they each have excellent FAQ pages for more information, too. Congratulations, you’re one step closer to the attractive concept of crypto and Bitcoin gambling.
You can then, of course, leave your newly acquired virtual money in the exchange, but this isn’t always the best course of action. The perfect example of this is the attack of the Japan-based Mt Gox exchange in 2014. During the incident, hackers stole 850,000 BTC.
Therefore, the most secure option is to get your own wallet for storing your digital cash. These wallets are software that runs on your computer or smartphone, so you have total control. Some of the most popular options include Electrum (for macOS, Windows, Linux, and Android), Bitcoin Wallet (Android), and BRD (iOS and Android). You can then use these to fund your online casino account whenever you want.
We have vetted, reviewed, and tested many Bitcoin casinos right here at GoodLuckMate. Therefore, you don’t even need to leave the site to find the very best ones suited to your preferences. For each of these sites, we’ve detailed which cryptocurrencies you can use on the platform.
On top of this, we go into a lot of detail about the types of casino Bitcoin games offered. The offer includes slots, progressive jackpots, table games, video poker, or live dealer releases, to name a few. After all, this is the main reason that you join an online casino in the first place, so you want access to the best titles!
We also get into the nitty-gritty of what you can expect by way of customer support. Pulse, we consider how easy the site is to use and whether you can play on your mobile or tablet. Then, of course, we give you direct access to the latest and greatest casino welcome bonuses to ensure you get the best deal available. Just click on any review banner or links from our numerous toplists to be taken straight to the brand in question. And if you require any bonus codes, we always supply this information in each applicable online casino review.
We promise, we have a thorough process of testing and approving the best online casinos on the market. So, go over our Bitcoin casino reviews and find the most suitable pick for your playing style.
Nowadays, most Bitcoin casino and sportsbook sites allow you to enjoy everything while on the go. As long as you have an internet connection (either over WiFi or 4G, for example), you can play at hundreds of excellent sites from your phone or tablet.
It matters little whether you’re rocking Apple’s iOS (i.e., iPhones or iPads) or one of the numerous devices running Google’s Android. Just head to your chosen site by entering its URL in your mobile browser of choice and start playing games. You can do everything you typically would from a desktop computer or laptop. That includes depositing into your account and withdrawing your winnings using cryptocurrencies.
There are plenty of online sportsbooks that accept Bitcoin for those who prefer to mix things up by betting on the big games. Plus, the mobile casino platforms we recommend feature some mean Bitcoin live casino sections, too.
Besides the games, the second most important thing to consumers is the generous player perks. Luckily for those who like BTC and other cryptos, casinos that work with them have plenty of surprises in stock. Bitcoin casino no deposit bonus, welcome packages, and free spins are among the online casino bonuses offered by operators.
Users will also gain access to ongoing BTC casino promotions and VIP programs. So, you can expect an overall rewarding experience when you join one of the brands listed here. These are the most common types of perks players get at Bitcoin gambling sites:
Let’s say you’ve read through the reviews on GoodLuckMate, chosen your preferred brand, and signed up for a new account. This means you’re ready to start reaping the rewards offered by the welcome bonus.
This can be a one-time deal, like a 100% match deposit bonus, or it can be a multi-tiered welcome bonus spread out across your first few deposits. You might even receive a fistful of free spins or a no deposit bonus Bitcoin casino surprise as part of the bargain. You’ll notice the one difference between regular sites and crypto casinos because the offer comes in Bitcoin, represented as BTC or mBTC. For example, you might be given a 100% welcome Bitcoin casino bonus worth up to 2BTC to get you started.
With any of these deals, you will have a minimum deposit amount to trigger the bonus. This will often be given in decimals for BTC amounts (such as 0.042BTC) or mBTC. Aside from these things that confuse beginners, everything else is the same as signing up at a ‘normal’ online casino. Plus, customer support is always on hand to help you out if you’re having any trouble making deposits, claiming bonuses, or withdrawing.
We are all here for the thrill, entertainment, and rewards that come with playing online casino games. So, it makes sense to wonder what kind of options you will have in terms of game variety and Bitcoin casino software.
Well, the good news is that you can choose pure BTC casinos with Provably Fair picks and modest game menus. Alternatively, you can go for traditional gambling sites that accept Bitcoin payments but feature thousands of popular titles.
As for game suppliers, expect to find releases by all the popular brands alongside picks by rising stars. NetEnt, Microgaming, Yggdrasil, and Betsoft are among the developers whose games are found at Bitcoin casinos across the USA, Europe, or other markets.
When it comes to the game and theme variety, there’s also nothing to worry about. Regardless of whether you play Provably Fair or standard RNG Bitcoin games, the offer is attractive. Here are the most common options:
Many casinos let you deposit and withdraw via cryptocurrencies such as Bitcoin. Still, when it comes to playing the games themselves, you’ll notice that your virtual money is converted into regular fiat currencies. These are known as hybrid casinos.
However, pure crypto casinos will also feature casino games where all the amounts like bet level, coin level, and jackpot totals are given in Bitcoin. There are some excellent titles out there like this, and more and more are being developed as the crypto adoption pace increases. So, be sure to look out for those. We recommend trying the likes of Satoshi’s Secret to fully immerse yourself in the fantastic world of crypto, for example.
Some Bitcoin slots, roulette, or any other games are Provably Fair. This is an algorithm that enables users to verify every outcome’s randomness. While the concept itself is overwhelming to newbies, the short explanation is that such games are 100% fair. Provably Fair is typically found at pure Bitcoin casino operators.
It’s important to note that Bitcoin remains the most popular digital currency. So, most hybrid sites that support crypto actually offer Bitcoin gambling. Litecoin, Ethereum, Bitcoin Cash, and Dogecoin are also pretty common cryptos. Operators that have much more internet currencies are pure cryptocurrency casinos. They often have Provably Fair games, tens of different currencies, and modest game lobbies. Generally, if you want access to popular titles, generous bonuses, and established iGaming brands, Bitcoin is the way to go.
If you’d like to learn more about alternative cryptocurrencies, please check our dedicated page to Ethereum.
Unless you play free Bitcoin casino games, you'll need to top up your account with some coin. In terms of transferring your coins to and from BTC casinos, the process is simple. If we must compare it to something, we say it’s like using any e-wallet. The single difference here is that no transaction is irreversible. So, you must carefully enter the receiving addresses. Other than that, crypto deposits and withdrawals have reasonable limits, fast processing times, and complete anonymity. If you want to learn more about the process, please check our expert guide on Bitcoin casino payments.
One thing that confuses users when they first join Bitcoin casinos is the ‘mBTC’ symbol. Just remember that 1mBTC equals 0.001BTC, so the conversion is straightforward. To turn Bitcoin to mBTC, just divide the BTC by 1,000. Basically, Bitcoin and other popular digital currencies have high values these days. If you play with a full BTC, you’d need over €37,000 at the moment of this writing. Operators solved this issue with the introduction of the mBTC, whose full name is millibitcoin.
Before you join one of the established or new casino brands from our top Bitcoin casino list, we’d like to share some tips. These are gems provided by our in-house experts that will help you play smartly and responsibly.
So, as we have seen, while initially daunting to the uninitiated, there’s nothing to worry about once you get going. One can learn the processes required for exchanges, wallets, and playing at any crypto and Bitcoin casino in a matter of minutes. Plus, the advantages of instant deposits, rock-solid security, and guaranteed anonymity make online casino with Bitcoin operators ahead of their time. So, what do you say? Will you be joining the cryptocurrency revolution today?