Looking for the best Bitcoin and crypto casinos? Here are the TOP 34 Bitcoin casinos reviewed with bonuses ranging up to 5 BTC + 250 free spins.
Choosing the best Bitcoin casino can be difficult. You may be wondering questions like these:
- Which site has the biggest selection of games or bonuses?
- Are there any terms I need to know, like wagering requirements?
- Which crypto casino is the most trusted and brings the best overall package?
Since March 2015 I have been inspecting Bitcoin gambling sites. Today this page lists a total of 32 Bitcoin and crypto casinos. Welcome!
If you are new to Bitcoin and Bitcoin casinos, here you can read the brand new Beginner’s Guide to Bitcoin Casinos 2020 to get started!
Best Bitcoin casino sites for August 2020 – TOP 3 List
- Trusted casino since 2014
- 2600+ casino games
- Excellent website
- 2500+ casino games
This page contains affiliate links. Read the affiliate disclosure here.
1. Best Bitcoin casinos – TOP 32 sites listed
These are the TOP 31 Bitcoin casinos I recommend. Exclusive bonuses are bolded in the list.
If you need a bonus code, it is listed here. Otherwise, just go to the sites through the links on this page and the bonuses are granted automatically.
|Casino||Bonus||Features||Go to site|
|2 BTC + 180 free spins|
First deposit bonus is 152% up to 2 BTC + 180 free spins. Bonus total is 6 BTC + 180 free spins. No deposit bonus: 20 free spins. Wagering: 40x bonus.
|Trusted casino since 2014|
2600+ casino games
Fast deposits and withdrawals
Japan Level Up Adventure
2. mBit Casino
|2 BTC + 100 free spins|
First deposit bonus is 150% up to 2 BTC + 100 free spins. Bonus total is 6 BTC + 100 free spins. No deposit bonus: 50 free spins. Wagering: 40x bonus.
|Fast and fluent website|
2528 casino games
96 jackpot slot games
|mBit Casino review|
3. 7Bit Casino
|1.5 BTC + 100 free spins|
First deposit bonus is 157% up to 1.5 BTC + 100 free spins. Bonus total is 5 BTC + 100 free spins. Wagering: 40x.
|Experienced casino since 2014|
2300 casino games
39 jackpot slots
|7Bit Casino review|
|1.5 BTC + 250 free spins|
First deposit bonus is 110% up to 1.5 BTC + 250 free spins. Bonus total is 5 BTC + 250 free spins. No deposit bonus: 25 free spins. Wagering: 40x bonus.
|Superb overall casino|
1492 casino games
4 own provably fair games
|1.5 BTC + 200 free spins|
First deposit bonus is 155% up to 1.5 BTC + 200 free spins to Wolf Moon Rising. Bonus total is 5.5 BTC + 200 free spins. Wagering: 30x bonus.
|Exclusive bonus: 155%|
Low bonus wagering: 30x
3500+ casino games
|King Billy review|
|1 BTC + 20 free spins|
First deposit bonus is 120% up to 1 BTC + 20 free spins for Burning Flame or Five Star Luxury slot game. BTC. Wagering: 40x bonus.
|728 casino games|
Fast and well functioning lobby
7. BAO Casino
|1 BTC + 100 free spins||There’s a fantastic selection of games available|
Customer support is available 24/7
|BAO Casino review|
|Between 300 and 1,000 FUN and 50% cashback of up to $2,000||Uses FUN as a crypto|
Offers provably fair games to players
Fully powered by blockchain technology
|1 BTC + 10 free spins|
First deposit bonus is 100% up to 1 BTC + 10 free spins. Bonus total is 3 BTC + 12 free spins. Wagering: 50x.
|Fast deposits and withdrawals|
Lots of table games
Also live poker
10. BetChain Casino
|1 BTC + 200 free spins|
First deposit bonus is 150% up to 1 BTC + 200 free spins. Bonus total is 2 BTC + 200 free spins. No deposit bonus: 20 free spins. Wagering: 50x.
|2346 casino games|
210 jackpot slots
Many provably fair games
|1 BTC + 150 free spins|
First deposit bonus is 200% up to 1 BTC + 150 free spins. Bonus total is 4 BTC + 150 free spins, wagering: 60x. No deposit bonus: 20 free spins with the bonus code 20FREE, wagering 40x.
|Great 200% exclusive bonus|
1000+ casino games
67 video poker games
|0.2 BTC + 40 free spins|
First deposit bonus is 150% up to 0.2 BTC + 40 free spins. Bonus total is 0.4 BTC + 65 free spins. Wagering: 45x.
|Experienced casino founded in 2014|
558 casino games
|Bitcoin Penguin review|
13. KingBit Casino
|110% up to 1 BTC|
First deposit bonus is 110% up to 1 BTC. Bonus total is 2 BTC. Wagering: 40x deposit + bonus.
|1200+ casino games|
New casino founded in 2019
Very high bonus wagering
|KingBit Casino review|
|300% welcome bonus up to $500 and 100 free spins||Great range of games available to play|
A welcome bonus specifically for Bitcoin
15. Oshi Casino
|1.25 BTC + 180 free spins|
First deposit bonus is 100% up to 1.25 BTC + 180 free spins. Bonus total is 5 BTC + 225 free spins. Wagering: 40x.
|Huge amount of games|
2528 casino games
57 jackpot slots
|Oshi Casino review|
16. Cloudbet Casino
|5 BTC + 70 free spins|
First deposit bonus is 100% up to 5 BTC + 70 free spins. Bonus total is 5 BTC + 70 free spins. Wagering: loyalty points.
|Enormous first deposit bonus|
913 casino games
Also sports betting
|1 BTC bonus|
First deposit bonus is 100% up to 1 BTC. Bonus total is 2 BTC. Wagering: 35x.
|Lightning fast casino lobby|
Low bonus wagering (35x)
2270 casino games
Faucet bonus is a loyalty program that gives you cashback.
|7 fast provably fair games|
Low house edge
Bitcoin faucet bonus just by registering. Huge Bitcoin jackpots – sometimes over 100 BTC!
|1 provably fair dice|
20. Syndicate Casino
|0.125 BTC + 200 free spins|
First deposit bonus is 125% up to 0.125 BTC + 200 free spins. Bonus total is 1.125 BTC + 200 free spins. Wagering: 40x.
|New casino founded in 2018|
1506 casino games
Support to many cryptos and regular currencies
|Syndicate Casino review|
10 Satoshi faucet bonus just by registering. Available also later on if your balance reaches zero.
|12 Exciting in-house made games|
All provably fair
Solid reputation and long history
22. Mars Casino
|1 BTC + 50 free spins|
First deposit bonus is 100% up to 1 BTC + 50 free spins. Bonus total is 2 BTC + 50 free spins. Wagering: 40x.
|741 casino games|
16 jackpot slots
|Mars Casino review|
23. 1xBit Casino
|7 BTC bonus|
First deposit bonus is 100% up to 1 BTC. Bonus total is 7 BTC with four first deposits. Wagering: 40x.
|3000+ casino games|
63 game providers
Great language support
Also a sportsbook
24 . Diamond Reels Casino
|1000 € bonus|
First deposit bonus is 260% up to 1000 €/$ in Bitcoins (Deposit + bonus is max. 2600 €/$), use the bonus code NEWONE. Wagering 40x (deposit + bonus).
300 casino games
|Diamond Reels review|
|1000 €/$ + 30 free spins|
First deposit bonus is 200% up to 1000 €/$ equivalent in BTC + 30 free spins. Bonus total is 2500 €/$ + 30 free spins. No deposit bonus: 10 free spins. Wagering: 60x.
Big 200% deposit bonus
752 casino games
|Vegas Crest review|
26. DuckDice Casino
|Faucet, rain and Duck Hunt bonus|
Many cool bonuses like Faucet, Rain, Duck Hunt, Lucky Bet and Jackpot bonus.
|3 provably fair games: dice, lottery and sniper|
Low 1% house edge
Support to 12 cryptocurrencies
You can request for Bitcoin faucet bonuses up to 8500 SAT (Satoshi)
|Exciting minesweeper type game|
Support to Bitcoin and Litecoin
Faucet bonus is available to casino games. Also lots of special betting events and wagering contests
|Four casino games: Dice, Goals, Moon and Slots|
Mutual betting site
Sports and eSports betting
29. 1xSlots Casino
|450 € + 80 free spins|
First deposit bonus is 100% up to 450 € + 80 free spins. Bonus total is 1650 € + 200 free spins. Use the bonus code: 1s_117. Wagering: 35x.
|Huge number of games|
|6 mBTC free bet|
Bet 2 mBTC – Get 6 mBTC free bet. No bonuses to casino.
|2167 casino games|
29 game providers
Sports and eSports betting
31. Betchan Casino
|100 €/$ + 30 free spins|
First deposit bonus is 100% up to 100 €/$ + 30 free spins. Use the bonus code: BERLIN. Bonus total is 400 €/$ + 120 free spins. Wagering: 40x.
|743 casino games|
32. Playamo Casino
|100 €/$ + 100 free spins|
First deposit bonus is 100% up to 100 €/$ + 100 free spins. Use the bonus code FIRSTDEP. Bonus total is 300 €/$ + 150 free spins. Wagering: 50x.
|1874 casino games, 570 with cryptos|
33. 22Bet Casino
|300 € bonus|
First deposit bonus is 100% up to 300 € for casino. Bonus total is 300 €. Wagering: 50x.
|Casino and betting|
4624 casino games
20 cryptos supported
|1 BTC bonus|
First deposit bonus is 100% up to 1 BTC. Bonus total is 5 BTC. No deposit bonus: 10 free spins. Wagering: 40x.
|620 casino games||BitcoinCasino.us review|
Next up, some information about casino bonuses!
Bitcoin casino bonuses and free spins are a usual way for crypto casino sites to get more players to the site. At the same time this gives players some extra profits to raise their payouts.
The best first deposit bonuses to Bitcoin casinos – TOP 10 List
Exclusive bonus deals are bolded in the list. No bonus codes are needed, just go to the site using the links on this page to get the bonuses.
- BitStarz – Exclusive: 152% up to 2 BTC + 180 Free spins (Regular wagering: 40x the bonus)
- mBit Casino – Exclusive: 150% up to 2 BTC + 100 Free spins (Regular wagering: 40x)
- Bitcoin Penguin – Exclusive: 150% up to 0.2 BTC + 40 Free spins (Regular wagering: 45x)
- BetChain – Exclusive: 150% up to 1 BTC + 200 Free spins (Quite high wagering: 50x)
- CryptoWild – Exclusive: 200% up to 1 BTC + 150 Free spins (Note very high wagering: 60x!)
- FortuneJack – 110% up to 1.5 BTC + 250 Free spins (Regular wagering: 40x)
- 7Bit Casino – 157% up to 1.5 BTC + 100 Free spins (Regular wagering: 40x)
- Betcoin.ag – 100% up to 1 BTC + 10 Free spins (Quite high wagering: 50x)
- King Billy – 100% up to 1 BTC + 200 Free spins (Low wagering: 35x)
- Bitcasino.io – 100% up to 1 BTC (Low wagering: 35x)
If you are interested, here you can read more about Bitcoin casino bonuses.
Example about bonus percentages: 100% deposit bonus means you get an extra 100% on top of your deposit. If you deposit 100 mBTC, you get a 100 mBTC of bonus money. Then you have total of 200 mBTC to play with.
Wagering requirements: For example wagering requirement of 40x means, that you have to bet your bonus money amount 40 times before you can withdraw your possible winnings.
- Usually 35x is considered low wagering requirements.
- 40-45x is considered average wagering requirements.
- 50x and more is considered very high wagering requirements.
Total of deposit bonuses
Many casinos offer also a second, third, fourth deposit bonuses which can differ from each other. Total casino bonuses mean the combined amount of all deposit bonuses.
For example FortuneJack casino offers 4 deposit bonuses:
- First deposit bonus is 110% up to 1.5 BTC + 250 free spins.
- Second deposit bonus is 50% up to 1 BTC.
- Third deposit bonus is 50% up to 1 BTC.
- Fourth deposit bonus is 100% up to 1.5 BTC.
- The total of all deposit bonuses is 5 BTC + 250 free spins.
- Wagering requirement is 40x for the deposit and 50x for the free spins.
Free spins with no deposit
No deposit bonuses are granted without any deposits. They are a reward for just registering an account to a Bitcoin gambling site.
Usually no deposit bonuses are given in free spins, for example 25 free spins with just registering your account. If you are lucky and win, the winnings from free spins must be wagered before you can make a withdrawal.
- mBit Casino offers 50 free spins with no deposit (Wagering: 50x).
- FortuneJack casino offers 25 free spins with no deposit (Wagering: 40x).
- BitStarz – 25 free spins with no deposit (Wagering: 40x).
- BetChain – 20 free spins with no deposit (Wagering: 50x).
Here you can find more information about free spins in Bitcoin casinos.
3. Bitcoin games
There are many types of Bitcoin games like slot games, table games or random number games like Dice.
Slot games includes many variations of slot or fruit machines. There are for example classic fruit slots, jackpot or progressive slots or graphical 3D slots.
Table games include card games like Blackjack, Poker, Baccarat and Red dog. Craps or Sic Bo games are played with dice. Roulette is often categorized as a table game or a random number game.
Random number games consist of games like Dice, Wheel of Fortune, Keno or the old classic, Bingo.
If you want to check out some more special Bitcoin games – read my article on the TOP 16 exciting Bitcoin games you didn’t know before!
3.1 Bitcoin slots
The idea of slot games is very simple: all you need to do is to spin the reels and wait if you get the right combination to win. Most of the crypto gambling sites offer many types of Bitcoin slots to choose from.
In many slot games you can choose the number or the direction of lines. The more lines you bet, the higher are your chances to win. If you want a quick gaming session, slots are a very good choice. You can also play slot games with very small minimum bet limit if you are into micro-gambling.
Best casinos to play Bitcoin slots – TOP 3 list:
- BetChain – 2000+ Bitcoin slot games available
- BitCasino – 1250+ Bitcoin slot games available
- CryptoGames – 1 simple and cool provably fair Bitcoin slot game
If you want to read more, check our special article on Bitcoin slots.
3.2 Bitcoin blackjack
Blackjack, also known as twenty-one is a card game between players and the dealer. To win, you have to get as close to 21 points as possible. If you reach higher score than the dealer without exceeding 21, you are the winner.
Practically all of our casinos have many variations of Bitcoin blackjack. Bitcoin blackjack is truly a cornerstone in crypto gambling.
Many top Bitcoin casinos offer also live Bitcoin blackjack. This means that there is a live dealer who deals the cards via a video connection. You can bet the live game normally in your own computer or mobile device. You can also chat with the dealer and other players.
Best casinos to play Bitcoin blackjack – TOP 3 list:
- FortuneJack – 57 variants of Bitcoin Blackjack + live Blackjack
- BetChain – 52 variants of Bitcoin Blackjack + live blackjack
- CryptoGames – 1 provably fair Bitcoin Blackjack
Here you can read more about the best sites to play Bitcoin Blackjack.
3.3 Bitcoin roulette
Roulette is a random number game where you spin the little wheel, as the game’s name in French goes. Almost all crypto casinos have Bitcoin roulette games in their selection.
You can choose to place bets on single number, number combinations or for example red or black numbers. Depending on the wheel result, you can win up to 35 to 1 payout depending on the Roulette type.
Best casinos to play Bitcoin roulette – TOP 3 list:
- BetChain – 37 different types of Bitcoin roulette games + Live roulette
- FortuneJack – 35 different types of Bitcoin roulette games + Live roulette
- CryptoGames – 1 simple provably fair Bitcoin roulette
Here you can read more about where to play Bitcoin roulette.
3.4 Bitcoin dice games
In the classic Bitcoin dice games you must guess the random number from for example between 0 to 9999. Then you must pick if the next roll is lower or higher than the number you chose.
You can decide if you want to chase higher winnings (lower probability and less wins) or lower winnings (higher probability and more wins). Usually Bitcoin dice games offer very low casino house edge, so this could increase your possible winnings in the long run.
You can also play dice games like Bitcoin craps. In craps players are rolling two dice and you must bet on the various combinations of the result. Most of the larger crypto casino sites have craps in their selection.
Bitcoin Sic Bo is an ancient Chinese origin game played with three dice. It is very popular in Asia and casinos in Macau.
Players place their bets on the roll outcome. Traditionally then the dealer rolls the three dice in a chest, shakes and opens the chest to reveal the combination. The payout is given on the basis on the probability of the correct prediction.
Best casinos to play Bitcoin dice – TOP 4 list:
- CryptoGames – Fast provably fair Bitcoin dice with great jackpots
- DuckDice – Provably fair Bitcoin dice with jackpots and hilarious bonuses
- FortuneJack – Provably fair Bitcoin dice with a huge jackpots + 2 Bitcoin Craps games
- BetChain – Bitcoin Craps, Rocket Dice and Bitcoin Sic Bo games available
If you want to read more, see our special article on Bitcoin dice games like BTC dice, craps or sic bo.
3.5 Bitcoin lottery
Lottery games are number games where you must choose for example six numbers from 1 to 49. If you can guess the right numbers, you win the jackpot. The chance is very low to win a jackpot, but also lower matching numbers give you prizes.
Bitcoin lottery is a fresh choice for a lottery game. Crypto Games brings a fast lottery game where you can openly see the win chances and win amounts depending on player amount. The more players in the Bitcoin lottery, the bigger the jackpot is.
Best casino to play Bitcoin lottery:
- Crypto Games – Provably fair lottery with great support to cryptocurrencies
3.6 Bitcoin poker
Poker is a originally a 5 card game that combines skill, strategy and gambling. Of course these days there are tens or hundreds of different variants with different card amounts, rules and betting systems.
Depending on the variant, poker games can include betting rounds. In video poker you have the opportunity to discard one or more cards in exchange for new cards hoping to get a better hand. Bitcoin Poker is a fresh alternative in chasing the royal flush in this exciting classic card game.
Betcoin Casino is one of the only Bitcoin casinos that offer real Bitcoin poker between customers.
Bitcoin Video poker is a casino game based on a five-card draw poker. There are a huge number of different Bitcoin video poker variants like Jacks Or Better, Joker Poker, Deuces Wild, Casino Hold’em or Multihand Poker.
Best casinos to play Bitcoin video poker – TOP 3 list:
- BetChain – 131 different types of Bitcoin video poker games
- FortuneJack – 100 different types of Bitcoin video poker games + Live poker tables
- CryptoGames – 1 simple provably fair Bitcoin video poker game
4. Free Bitcoin casinos
There are also crypto casino sites where you can play for free. It is a fun way of Bitcoin gambling with absolutely no risk. Also you can test most of the casino games free and have a lot of fun.
Gambling with big money (free money) is always quite amusing!
Free spins in Bitcoin casinos
Many casinos offer Bitcoin free spins to depositing players as an extra deposit bonus.
Some casinos also offer free spins as a gift now and then, and you usually get an email if this happens. Also some Bitcoin casino games offer free spins inside the game, as a bonus round. That is always a good surprise!
Bitcoin casino no deposit bonuses
Some Bitcoin casinos offer also no deposit Bitcoin bonuses, where you don’t have to deposit any currency or Bitcoins to the site. With these bonuses you can try gambling with no risk.
Bitcoin gambling with free play money
Almost all of the casinos have free play money to gamble with no risk.
If you run out of money, you can reset your account and start over gambling with the play money. Free playing can also be fun and why not test the different casino games using play money?
Micro gambling in Dogecoin casinos
Dogecoin (DOGE) was announced in 2013 few years after. Dogecoin is a bit more fun cryptocurrency which features a Shiba Inu dog from the Internet Doge memes. Dogecoin quickly developed its own very active community in the cryptocurrency world. Also casino sites started to emerge, and now you can do Doge gambling in almost all online cryptocasinos.
Dogecoin’s value is very low, so you can do Dogecoin gambling very cheap! For example the value of 2000 DOGE is at the moment about 3 € or $ 3.8. So you can gamble with hundreds or thousands of Doges with very small money and still feel like a casino king!
5. Mobile casinos (iOS, Android)
Almost all the best Bitcoin gambling sites work fluently in mobile devices like iPhones, iPads or Android phones or tablets. The casino site design that work well in mobile devices are called responsive design. So the site responds and scales well also to smaller screens in the mobile devices.
Some of the sites have their own mobile app, but most of them work simply in the browser of your mobile device. Bitcoin mobile casinos are a good choice if you want some entertainment and excitement on the go. The mobile support is mentioned in all of the Bitcoin casino reviews.
6. History of crypto gambling
For a long time a Bitcoin casino meant a one page website which offered only one game. The deposits and withdrawals were run by Bitcoin (blockchain) technology and the people behind the casino were mostly anonymous.
There were usually not even a contact address, or if they were, you usually couldn’t get any answer. The most popular Bitcoin game was Bitcoin dice.
At some first years of Bitcoin and cryptocurrencies in general, about 50% of all Bitcoin transactions happened on SatoshiDice site. SatoshiDice is still somewhat popular website to play Bitcoin dice game, but competition and development in cryptocurrency games has since gone over SatoshiDice.
Bitcoin casino software has developed a lot during recent years. These days the sites look and feel just the same than in regular online casinos.
Who knows where the cryptocurrency casino industry heads into during this year 2020 and upcoming years? Stay tuned!
7. Bitcoin exchanges and wallets
Here’s my recommendations where to get Bitcoins for gambling in Bitcoin casinos. We also tell you how to store them the safest and easiest way possible.
Where can I get Bitcoins?
Here’s my recommendations where to get Bitcoins. Here’s few Trusted Bitcoin Exchanges where you can change FIAT currency (USD / EUR) to Bitcoins (BTC) or other cryptocurrency.
In general there are tens or even hundreds of crypto exchanges, but these are probably the most well-known.
What is the safest way to store Bitcoins in computer or mobile devices?
You can store your cryptocurrency like Bitcoins in crypto exchanges, but that is not recommended. Most of you probably know about the Mt. Gox catastrophe. Mt. Gox was the biggest crypto exchange in 2014, but in February 2014 about 850,000 Bitcoin were stolen by hackers.
That’s why the best and safest way is to get your own Bitcoin wallet. Here’s few trusted software wallets listed:
- Electrum (Windows, Mac, Linux, Android)
- BRD (iOS / Android devices, see App Store or Google Play)
- Bitcoin Wallet (Android, see Google Play)
To see more Bitcoin Wallets, go to Bitcoin.org page about wallets.
Are there any physical devices that could store Bitcoins, like usb-sticks?
If you want to have hardcore-level of security, you should consider physical hardware wallets (devices). They usually look like regular usb-sticks with few buttons. We recommend 100% Ledger Nano S, which I use myself too.
Physical devices need some time to get familiar, but Ledger has quite good instructions to start. In 1 hour you should have your first Bitcoin device running. Ledger supports also other cryptocurrencies like Ethereum, Dogecoins, Litecoins and many more.
Read more information about Ledger Nano S here.
Be safe in the Bitcoin and cryptocurrency world
It’s always a good habit to Google the Exchange, Wallet or Device first before transferring any Bitcoins. Usually good products and services get a lot of good feedback if you search for example Reddit or Bitcoin Forums.
Be cautious and be safe! You can always ask us if you are unsure in any questions about cryptocurrency exchanges or wallets!
8. Questions and answers
Here I list few of the most frequently asked questions about Bitcoin casinos or crypto gambling in general.
When and how Bitcoin was invented?
Bitcoin was the first cryptocurrency founded in 2008 by a mysterious pseudonym character or developer group called Satoshi Nakamoto.
On 18 August 2008 the domain Bitcoin.org was registered. Later that year on 31 October the whitepaper for Bitcoin was released. This whitepaper instructed how the peer-to-peer electronic cash system worked.
The whole Bitcoin runs on decentralized computers (called miners) who verify the contents of each Bitcoin wallet and the transactions. Still in 2020, nobody knows the true identity of Satoshi Nakamoto. There are many guesses about the matter but nothing more.
What is Provably Fair Bitcoin gambling?
Imagine a situation: your friend asks you to bet on a normal 6-sided die he or she is rolling.
If you get 4 or more, you get your money back double. How can you know if your friend is cheating or if the roll is fair?
If the roll was provably fair, you could check the fairness of the roll afterwards. Of course in real world this isn’t possible, but in online casinos provably fair games are very welcome.
In online gambling provably fair casinos or casino games have an algorithm which can be analyzed. The result tells if the bet was fair (random) or not. This way you don’t have to just rely on the word of the casino.
In general the casinos listed in my site are trusted and well known to be fair – even if the games weren’t provably fair. But of course you can’t be 100% sure, there are many casinos online which are more or less scammy.
The provably fair games and casinos can be though of extra fair – it’s always a plus!
If you want to try provably fair casinos, for example Crypto Games and Duckdice are 100% provably fair. Also FortuneJack casino has four provably fair games and BetChain casino has an easy menu button to select provably fair casino games.
What are the advantages of using Bitcoins in gambling?
There are many advantages, here few of them.
Bitcoin is decentralized
You are the only one controlling your funds in the Bitcoin wallet. Nobody can freeze or take away your cryptocurrencies from your wallet.
Bitcoin transactions are fast. Usually Bitcoin gambling sites accept Bitcoin transfers instantly, but final confirmation of the transfer is done even in just 10 minutes.
Withdrawals also work usually fast and some crypto casino sites have almost instant withdrawals. Some of the casinos use manual inspections in the withdrawals and transactions should run through in few hours.
Bitcoin is anonymous (or pseudonymous)
No one can know, if you own Bitcoins or not. If being more accurate, Bitcoin is usually called pseudonymous. That means all the transactions made by person X can be tracked from the Blockchain.
The blockchain is a decentralized database holding the information of all wallets and the transactions. But, if somebody can link you to owning some Bitcoin wallet, your transactions can then be tracked.
That’s why Bitcoin is more often called pseudonymous than anonymous. You can move funds with a “secret name” that nobody can link to you.
Bitcoin works globally
You can transfer Bitcoins fast and cheap to all over the world. All you need is an internet connection and a computer or a mobile device. You don’t have to pay the 2-3% transfer fees in services like Paypal. Or even 10-20% like in the case of Western Union.
Bitcoin transfers are almost free
Transaction fees vary from time to time depending on the Bitcoin network traffic. Usually the fees are about 0.05 US Dollars, which is only 5 cents! And the fee stays the same regardless if you sent $10 or $10,000 in Bitcoins.
Provably fair games
Provably fair gaming isn’t just limited to Bitcoin gambling sites, but most of the them are cryptocurrency casinos.
It means that everybody can verify the probabilities of the casino games and see that the games are fair and random. For example Crypto Games offers 7 provably fair casino games.
Are there any disadvantages using Bitcoins in gambling?
There are also downsides in using Bitcoin in gambling or in general.
- The price of Bitcoin is still in 2020 quite volatile and you cannot know which way it will go in the next weeks or months.
- Bitcoin is an experimental currency and you have to know a little bit about wallets and transactions.
- Only you control the funds, so there is no chargebacks or reversing the transactions!
- Since Bitcoin is untraceable, cryptocurrencies are often used in criminal activities. This can lead to cryptocurrency restrictions on a government level.
In conclusion, Bitcoin’s journey has been quite amazing in the first 10 years. It will be very interesting to see where cryptocurrencies go let’s say in the next 10 or 20 years.
Is it possible to gamble with altcoins like Ethereum or Litecoin?
If you don’t want to use Bitcoins, you can also gamble with Altcoins like Ethereum, Litecoin, Bitcoin Cash, Dogecoin or Dash. Here’s my special articles on cryptocurrency gambling:
- Ethereum gambling sites
- Litecoin gambling sites
- Bitcoin Cash gambling sites
- Dogecoin gambling sites
- Dash Gambling sites
Can you gamble with more rare altcoins, like Zcash, Ripple or Dash?
Yes you can. Here are some examples:
- For example Crypto Games has support to: Monero, Ethereum Classic, Dash, Gas, Stratis or Peercoin.
- FortuneJack casino has support to Dash, Monero and Zcash.
- DuckDice supports more rare coins like Dash, Monero, Ripple, Ethereum Classic and Bitcoin Gold.
Can I follow Bitcoin Casino Kings in social media?
How do I make sure that the casino is a trusted one?
The sites listed on my site are tested and well known. However it is not a bad habit to google the background of the casino you are interested. You can also read the user reviews and ratings on my site.
You could also check the Bitcoin gambling section of Reddit message board to check for any experiences about the casino you are interested in. Multiple user experiences usually help you making the decision.
9. Final thoughts
It is very interesting to see where the whole Bitcoin gambling scene continues on 2020 and 2021. Follow my site regularly to stay updated!
This was my article about the best Bitcoin casinos of 2020. Thank you for reading!
If you have any comments or questions, please write your thoughts below.
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