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Last Updated Sep 10 2024, 1:04 PM

Ultimate Guide to the Best Bitcoin Casino Sites | September 2024

James Wright Casino Expert
21 minute read
Online Casinos ·  Payment Methods · Bitcoin

Bitcoin (BTC) is the most widely used cryptocurrency in the world and is a popular choice for funding accounts at offshore online casinos. While there are some legitimate Bitcoin casino sites on the market, there are unfortunately plenty of unreliable and unsafe casinos as well. On this page, we'll go over how Bitcoin casinos work, how safe they are, and some legal alternatives to Bitcoin gambling sites.

CONTENTS

WHAT IS BITCOIN?

Bitcoin is a decentralized cryptocurrency that was released in 2009 by an anonymous person (or group) named Satoshi Nakamoto. Bitcoin is unique from traditional currencies in that it relies on peer-to-peer technology to operate without a central authority or bank. Network nodes verify transactions through cryptography, and a public distributed ledger called a blockchain is used to record these transactions.

The anonymity provided by Bitcoin's technology and its lack of oversight make this currency a popular payment option for unregulated online casinos. Deposits and withdrawals can be processed from one crypto wallet address to another without any banks or government bodies being involved.

Fluctuations in the value of Bitcoin are quite common due to many factors, including market demand and regulatory news. Since 2021, Bitcoin has reached highs of over $65,000 and hit lows of under $20,000. Bitcoin deposits and withdrawals are typically processed at whatever the current market value of the cryptocurrency is at the time of the transaction.

IS BITCOIN A SAFE CASINO PAYMENT OPTION?

Bitcoin is typically safe to use for funding your casino account and for accepting withdrawals as well. Cryptocurrencies like Bitcoin may appeal to players who want to play casino games or engage in sports betting using an anonymous payment method instead of credit cards or bank transfers. There are some risks involved with using Bitcoin however that players should be aware of:

  • Scam Sites: Bitcoin transactions are irreversible, and there is no recourse available if you get scammed by an unregulated crypto casino. Be sure to choose a Bitcoin gambling site with a proven reputation of correctly funding player accounts before making a deposit.
  • Wrong Address: Many Bitcoin casinos make it easy for players to send their BTC to the correct wallet address by having it pre-filled in or using a QR code. If you are ever required to type out an address manually, be extra careful, as a single mistake will result in your Bitcoin being sent to the wrong wallet.
  • Wallet Security: A cryptocurrency wallet is a software program that stores your Bitcoin and other crypto coins. If you lose the private key to your wallet, you will be unable to access the funds inside of it. Some wallets may also be prone to hacks or technical issues, so make sure to do your research to find a secure and reliable one to use.

WHAT ARE BITCOIN CASINOS?

Bitcoin casinos, or crypto casinos, are online casinos that use Bitcoin for deposits and withdrawals. Most crypto-gambling sites function the same way that traditional casinos do, giving players a platform to play online casino games via deposits using Bitcoin and many other payment methods.

Other Bitcoin casinos offer an anonymous gaming platform with no personal information or KYC (Know Your Customer) details required. Typically these sites require only an email address and a Bitcoin wallet in order to get started.

Generally speaking, the experience of gambling online at a Bitcoin casino and a standard casino is the same. Both types of online casinos give players access to popular casino games and slot games that can be played on computers and mobile devices.

The key differences are the availability of Bitcoin as a banking method and the legal status of the site. Bitcoin gambling sites are typically unregulated, making them inherently riskier to play at than the best online casinos regulated in the US.

ARE BITCOIN CASINOS SAFE AND LEGIT?

At this point in time, legal and regulated online casinos in the United States do not accept Bitcoin as a form of payment. Bitcoin casinos that cater to players in the United States operate offshore to avoid falling under US legislation. All of these crypto casinos operate within a legal gray area when it comes to accepting US players.

We recommend that you use extreme caution if you decide to play at a BTC casino. Some have historically proven to be safe and legit by honoring wins and making accurate Bitcoin payments when requested. But even the best Bitcoin casinos are not regulated or licensed to operate in the United States, so you won't have any legal recourse available to you if something goes wrong.

Read more about best no deposit casinos

PROS & CONS OF BITCOIN CASINOS

Here's a list of pros and cons to consider before signing up for a Bitcoin casino account.

PROS

  • Fast Transactions: Instant deposits are common among many banking methods, but instant withdrawal is generally only available when using cryptocurrencies like Bitcoin.
  • Anonymous Play: Players who don't want to provide their personal information to play real money games online can play Bitcoin slots and other games anonymously at certain crypto casinos.
  • Bonuses and Promotions: Bitcoin users are often offered generous bonuses as an incentive to use crypto when making their deposits.
  • Global Accessibility: Bitcoin casino sites are available to virtually anyone who uses the cryptocurrency around the world.
  • Provably Fair Games: Provably fair games provide high transparency, allowing players to review algorithms and past results to ensure fairness.

CONS

  • Typically Unregulated: Bitcoin online gambling sites are not regulated in the United States, leaving players vulnerable to potential scams with no protection.
  • Currency Volatility: The price of Bitcoin is constantly fluctuating. This means that your casino funds are at risk of losing significant value at any time.
  • Variable Fees: Bitcoin fees can fluctuate based on factors like transaction size and network activity, which can lead to frustration when you are charged with higher fees.
  • Learning Curve Required: If you aren't familiar with how to use Bitcoin, setting up a wallet and learning how to make transactions can take some time.
  • No Recourse Available: Since Bitcoin casinos are not regulated and the currency is decentralized, you will have no legal recourse available if you run into any issues.

COMPARING BITCOIN CASINOS TO TRADITIONAL CASINOS

While the overall experience of playing at Bitcoin casinos and traditional casinos is fairly similar, there are some key differences as well.

SIMILARITIES

  • User Experience: The experience of signing up for an account, making a deposit, and then playing casino games for real money is similar for both of these casino types.
  • Game Selection: Popular options like slots, table games, dice games, and live dealer games are available at both traditional and Bitcoin casinos.
  • Welcome Bonus: A generous welcome bonus on your first deposit is common at all online gambling sites.

DIFFERENCES

  • Payment Methods: Bitcoin and a wide range of other cryptocurrencies are available for deposits and withdrawals at crypto casinos. Traditional sites offer more commonly used banking options like credit cards, e-wallets, and bank transfers.
  • Regulation and Licensing: Sites like DraftKings Casino and BetMGM Casino are legal, regulated, and licensed to operate in the states they are available in. Bitcoin casinos generally operate offshore and are not regulated or licensed in the United States.
  • Availability: Legal traditional casino sites are currently only available in a handful of states across the US. Bitcoin casinos operating outside of United States jurisdiction are available worldwide.

TRAITS OF A RELIABLE BITCOIN CASINO

As we've already mentioned on this page, playing at Bitcoin casinos always carries some risk as these casinos are unregulated in the United States. If you still want to play at one, look for the traits listed in this section to find the best crypto casino for your preferences and safety.

GAME SELECTION

Look for games that you recognize from reputable software developers. For example, companies like Pragmatic Play, Push Gaming, and Hacksaw Gaming provide games to both regulated casinos and crypto casinos, so these games are likely to be more trustworthy than ones you've never seen before.

POSITIVE REPUTATION

Do plenty of research into a casino's reputation. Look for Bitcoin casinos that have good reviews in the online gambling industry on sites like TrustPilot and Reddit, and avoid casinos that have reports of scams or payment issues.

SAFETY & SECURITY

Does the casino that you are considering use Secure Sockets Layer (SSL) encryption for protection? Provably fair games or a third-party verified Random Number Generator (RNG) system? Check out documentation on security and reach out to customer support for additional details if necessary.

MOBILE GAMING

If you prefer to enjoy casino gaming on your phone or tablet, you'll want to make sure that the casino you choose is up to the task of providing that experience well. Access the site from the devices you intend to use to ensure that the casino apps and games are optimized for mobile.

QUALITY CUSTOMER SERVICE

How helpful will customer service be if you have a question or concern? Before making your first deposit with Bitcoin, contact the customer support team to see how easy it is to get in touch with them, and ask a question or two to confirm that they are friendly and helpful.

ONLINE BITCOIN CASINO GAMES

All of the popular casino games that you can play at traditional online and land-based casinos are also available at crypto casinos. Here's a look at some of the best Bitcoin casino games on the market today.

SLOTS

Whether you like to play simple classic fruit machines with only one payline or Megaways slots with thousands of paylines and free spins bonuses, you'll have a giant number of slot titles to choose from on the best Bitcoin casino sites.

TABLE GAMES

Bitcoin blackjack is just one of the many well-known card games and table games you can play for real money at a BTC casino. Others include:

  • Baccarat
  • Craps
  • Caribbean Stud Poker
  • Let It Ride
  • Pai Gow Poker
  • Roulette
  • Sic Bo
  • Three Card Poker

LIVE DEALER

Players looking for a more authentic casino experience can play live casino versions of many of the table games listed above. Live dealer games show a live feed of a dealer dealing out real cards, giving players the chance to enjoy a more immersive experience and chat with the dealer and other players at the table while they play.

PROVABLY FAIR GAMES

Using cryptographic seed technology similar to the Bitcoin blockchain, provably fair gaming ensures a game is fair. The casino and player both generate a random seed (or string of characters) which is displayed before the results of the game.

Players are free to check the program's seed combination at any time after the fact to confirm that a fair outcome was reached. The transparency of this system promotes fair play and ensures that the game has not been tampered with by the player or casino.

Note that most crypto casinos offer a combination of standard and provably fair games, so you won't be able to double-check the results of every title.

HOW TO PLAY AT BITCOIN CASINOS

Before you play games at a Bitcoin casino, you must first purchase Bitcoin and make a deposit. Follow the step-by-step guide below to get started.

  1. Choose a Crypto Wallet: There are many different types of crypto wallets to choose from, including hardware wallets, software wallets, and online wallets. Each wallet type has its own pros and cons in regards to ease of use and security. Research the many options available and choose the wallet that suits you best.
  2. Set Up Your Crypto Wallet: After you have made your selection, proceed with setting up your wallet. If you are using an online wallet, you will need to create an account. Set a strong password and store your recovery seed phrase somewhere safe, as you will need it to recover your wallet if you lose access to it in the future.
  3. Buy Bitcoin: Access a reputable cryptocurrency exchange like Coinbase or Binance. Set up an account, and then deposit funds using fiat currency (like USD) with your credit card, a bank transfer, or another approved method. Use these funds to purchase Bitcoin.
  4. Transfer the BTC to Your Wallet: Open your crypto wallet to find your Bitcoin address. Send the BTC in your exchange account to your crypto wallet using this address. Be careful not to make any mistakes, as a typo could lead to you sending your Bitcoin to the wrong wallet.
  5. Send BTC to Your Casino Account. Finally, you'll need to head to the casino cashier and select the Bitcoin option. You will then be provided with a wallet address, which you'll need to send your Bitcoin to. This money will then be added to your casino balance.

Once you have successfully purchased Bitcoin, transferred it into your crypto wallet, and then sent it to the casino, you are ready to start Bitcoin gambling.

BITCOIN DEPOSIT & WITHDRAWAL OPTIONS

All Bitcoin instant deposits and withdrawals will be made using your crypto wallet. The casino will provide you with its wallet details, and you will transfer the amount of Bitcoin that you want to add to your casino balance into that wallet, as long as that amount meets the minimum deposit requirement.

When you are ready to make a withdrawal, you can request up to your full balance in Bitcoin as long as it is within the casino's withdrawal limits. The requested amount will be transferred into your wallet, minus applicable transaction fees.

PAYMENT SPEEDS & FEES

Payment speeds will vary depending on the Bitcoin casino you are playing at. Some sites process withdrawals instantly, and most legitimate BTC casinos will process your payment within an hour. Less reputable casinos may make you wait days or even weeks, artificially delaying the payment speed in the hopes that you will cancel the withdrawal or that the value of Bitcoin (and your payout) will go down.

Standard Bitcoin transaction fees apply to payment transfers and are based on factors like the size of your withdrawal and how busy the network is. Some casinos may also add their own additional fees.

BITCOIN CASINO BONUSES

Bonuses and loyalty programs like the ones available at traditional casinos are also regularly offered by Bitcoin casinos. Learn more about some of the most common Bitcoin casino offers you may come across.

WELCOME BONUS

The welcome bonus is usually the most lucrative promotion Bitcoin casinos offer, giving potential new customers an incentive to try out their site. These often come in the form of a deposit bonus, matching your initial deposit up to a certain amount. For example, a casino might offer a 150% match up to $3,000 on your first deposit.

These offers may also include free spins or additional bonuses on your second and third deposits. Each deposit bonus comes with wagering requirements that a player must meet before they can request a withdrawal.

We'd suggest searching for the best online casino promo codes before signing up with any casino.

FREE SPINS

A free spins bonus awards players with a set number of free spins on one or more slot machines. For instance, as a reward for making a deposit, you may receive 25 free spins on the Golden Wolf slot machine. Winnings from these spins are added to your account balance and are subject to wagering requirements before they can be withdrawn.

RELOAD BONUS

Reload bonuses apply to deposits you make after your welcome bonus has already been used. For example, a casino could offer a 25% deposit match up to $1,000 on all reload deposits made on Sundays.

HIGH ROLLER BONUS

The high roller bonus is a deposit bonus catered towards players with a larger bankroll. Using the welcome bonus example above, the same casino that offers a 150% match up to $3,000 on your initial deposit might also have a high roller option of a 100% match up to $10,000, giving high rollers the chance to earn more casino credits with a bigger deposit.

CASHBACK BONUS

Cashback rewards are a bonus type that return a percentage of your net gambling losses over a set period of time back into your account. For instance, if you record a net loss of $720 in a week and have a 10% cashback bonus, you'd have $72 added back to your casino funds. VIP programs and loyalty schemes often incorporate cashback into their perks.

TIPS FOR PLAYING AT BITCOIN CASINOS

If you plan on playing at Bitcoin casinos despite the risks involved, consider these tips to protect yourself.

CONSISTENTLY WITHDRAW WINNINGS

The best Bitcoin casino today could shut down tomorrow, and you'd have no legal recourse to recoup the funds that you lost. Reputable casinos don't tend to disappear overnight, but there's no advantage in taking the unnecessary risk of leaving large amounts of BTC in your unregulated casino account. Make a habit of requesting regular withdrawals when you win so that your money is safe in your crypto wallet.

STAY UPDATED ON NEWS

While there is no foolproof way of predicting when the value of Bitcoin will rise or fall, news on the cryptocurrency does often have predictable effects. For example, a huge spike in BTC value getting a lot of media coverage might prompt newcomers to buy in and raise the price even more. Regulatory approval or adoption from a government body can also spark a boost.

On the other hand, regulatory crackdowns by powerful countries or security breaches like hacked wallets can lead to big dips in the price of Bitcoin. If you are going to invest in Bitcoin and gamble with it, it is useful to keep up with current events so that you can adjust your strategies accordingly if you anticipate a rise or fall in the market.

REVIEW TERMS & CONDITIONS

What type of wagering requirements are attached to a casino's lucrative welcome bonus? How are disputes handled? Are there any hidden fees attached to your Bitcoin transactions? Before signing up with a Bitcoin casino, review the terms and conditions so that you are never caught off guard by hidden fees or bonus requirements, or any other casino policy.

SOCIAL CASINO ALTERNATIVES TO BITCOIN CASINOS

Casino players in the United States looking for a safe and legal alternative to Bitcoin casinos should consider giving social casinos a try instead.

Social casinos, also known as sweepstakes casinos, have two types of currencies, namely gold coins, which have no cash value and are played just for fun, and sweeps coins, which can be redeemed for real cash prizes.

Sweeps coins can be earned for free through daily bonuses and promotions, or given as a free gift when purchasing gold coins. Winnings earned with sweeps coins can be redeemed for real cash prizes.

The social casinos listed below are safe and legal in all but only a few states in the US.

WOW VEGAS ONLINE CASINO

WOW Vegas currently has over 20 active promotions including a refer-a-friend offer that gives you 20 SC for every friend you successfully refer to the site. This is a great social casino for slots players with hundreds of titles to choose from and random prize drops delivered throughout the day.

PULSZ ONLINE CASINO

Pulsz Casino is another great choice for slots players with a huge selection of games. Every weekend, players can take part in Weekend Tournament Fever, where a top spin landing you a spot on the leaderboard can earn you a share of a weekly prize pool of 2,000 SC. Use your Pulsz promo code for a fantastic welcome bonus.

MCLUCK ONLINE CASINO

McLuck Casino has live blackjack, baccarat, and roulette for casino players looking to enjoy some live table games without the hassle of signing up for a Bitcoin casino. Slots players at McLuck Casino who opt-in on jackpot spins are eligible to win a McJackpot worth up to 100,000 SC at random on any lucky spin.

HIGH 5 ONLINE CASINO

High 5 Casino has one of the biggest selections of games on this list. This social casino has dozens of titles, including Las Vegas favorites like Hoot Loot and DaVinci Gems. You can also play live roulette and choose from among five different live blackjack tables.

ONLINE CASINO BITCOIN FAQS

ARE BITCOIN CASINOS LEGAL?

Bitcoin casinos operate in a legal gray area in the United States. They operate offshores in countries outside of the United States' jurisdiction. The casinos are not regulated or licensed to operate in the US.

HOW DO CRYPTO CASINOS WORK?

Players use cryptocurrencies like Bitcoin for deposits and withdrawals at crypto casinos. With the exception of the funding method, they generally operate similarly to traditional online gambling sites.

ARE BITCOIN CASINOS REGULATED?

Bitcoin casinos operate offshore in countries that allow sites to offer sports betting and casino gaming to players in the United States. They might be regulated by somewhat disreputable agencies like Curaçao eGaming, but they are not regulated or licensed in the US.

WHAT ARE OTHER POPULAR CRYPTO CASINO OPTIONS?

Social casinos are a safe and legal alternative to Bitcoin casinos. You can visit our page on the best social casinos in the US for more details.

IS THERE A MINIMUM DEPOSIT AT BITCOIN CASINOS?

Yes. The deposit minimum varies from casino to casino, but typically falls between $10 and $25 worth of Bitcoin.

James Wright

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