Did you know that Bitcoin (BTC) is the most popular cryptocurrency? It accounts for 69% of the cryptocurrency market. It’s no surprise there are so many online casinos accepting BTC.Yes, you can play real money casino games with Bitcoin. But first, you’ll need an account with at least one of the best Bitcoin casinos online in 2022.
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There are many online casinos that accept Bitcoin deposits. Even better, these casinos make it easy to use BTC to play casino games.
It only takes a few minutes to get started. This is true even if you’ve never used Bitcoin for casino gambling before. Our guide will help you. Here’s some of what we cover.
The benefits of real money casino gambling with Bitcoin.
Examples of the best Bitcoin casino bonuses. We’ll also explain why these bonuses are often better than the standard deals everyone else gets.
The two types of Bitcoin casino websites and the differences between them. This is important stuff. The type of crypto casino you join impacts the games you can play and the currency you use to play them.
Our answers to the most common questions people have about online casino gambling with Bitcoin.
How to Find the Best Bitcoin Casino Sites
Let’s start by talking about why some Bitcoin online casinos are better than others.
We go through a rigorous process to ensure that we recommend the best online casinos.
There are some features that we look for in all online casinos. But there are a few other qualities that only apply to casinos that accept Bitcoin online.
We want to explain those qualities so that you can understand why we recommend the best BTC casinos over others.
Compatibility with Multiple Exchanges and Wallets
Before you can engage in Bitcoin gambling online, you need to use an exchange or wallet to manage your transactions.
Several crypto exchanges exist, but not all of them allow gambling transactions. And some BTC online casinos have specific requirements for the wallets and exchanges they work with.
For example, some casinos do not process transactions from exchanges. They process payments only from BTC wallets (known as static crypto wallets).
If your BTC is on an exchange, you’d have to transfer some to a static wallet before you could deposit Bitcoin to an online casino.
This is too much work. That’s why we prefer to recommend online Bitcoin casinos that work with several exchanges and wallets. The more, the better.
Superior Customer Service
Customer service is an important aspect of any online casino. But we feel that it’s especially critical for the top online casinos that accept BTC deposits, and here’s why.
Bitcoin transactions are irreversible. It would be best if you got things right the first time.
Legit Bitcoin casinos online make sure they give you the correct BTC address. They answer any questions you may have about limits and fees. And they answer these questions quickly.
Because once you press send, that’s it – your payment either reaches the casino …or it doesn’t.
That’s why it’s important to us to only recommend online Bitcoin casino sites with excellent customer service that’s available most hours and days of the week.
Quantity of Real Money Casino Games
The type of BTC casino you join determines the games you can play. There are two options, hybrid and exclusive.
Hybrid Bitcoin Casinos – Casinos that accept both crypto and fiat currencies.
Bitcoin Excusive Casinos – Casinos that only accept cryptocurrencies.
We’ll talk about the differences between these two casino types later.
For now, what’s important to know is that Bitcoin-exclusive casinos have fewer casino games than hybrid Bitcoin casinos.
They have fewer games because many casino software providers do not create games that accept wagers in BTC.
Two examples of software providers that don’t are Microgaming and NetEnt. They have more than a thousand casino games between them, but they only work with hybrid casinos. They don’t produce Bitcoin slots specifically for gambling with crypto.
We only recommend hybrid BTC casinos online because having more games to play trumps the advantages that Bitcoin-exclusive casinos offer.
Various Bitcoin Advantages
There are many advantages to using Bitcoin. But not all of those advantages extend to real money Bitcoin casinos.
For example, some online Bitcoin casinos have transaction limits as low as $1,000.
Or they charge banking fees.
Or they take a week to process and ship out withdrawals.
All this counters some of the core advantages to Bitcoin as a payment method.
High transaction limits
Get rid of those, and you might as well use a more traditional banking method to gamble online for real money.
That’s why we recommend the Bitcoin gambling sites we do. We’ve tested them across the board and know that you can enjoy many of the benefits that come with using Bitcoin at each one.
Benefits of Bitcoin Casino Gambling Online
There are many advantages to using Bitcoin at online casino sites.
Let’s take a deeper look at some of the top benefits of using real money BTC casinos.
Faster, Easier, More Accommodating Banking
The best part of using online Bitcoin casinos for real money gambling is that the deposit and withdrawal process is so much easier.
Here are a few reasons why.
Bitcoin is a digital form of currency. It was designed intentionally for fast, simple online transactions.
The entire transaction happens electronically and is verified using blockchain technology. This provides a level of transparency and speed that many traditional currencies struggle to match.
The top online casinos accepting Bitcoin deposits and withdrawals typically do not charge processing fees. That can help you save 3-5% or more of your bankroll.
BTC gambling sites typically have higher deposit and withdrawal limits for Bitcoin transactions.
There are several aspects to the banking process when you gamble online for real money. Bitcoin makes it easier, faster, and cheaper in every way.
See for yourself. Here is how Bitcoin compares to other traditional banking methods used for online gambling.
Credit Card/Gift Card
3-5 business days
1-3 business days
Up to 15 business days
Check by Mail or Courier
Anonymity and Privacy
Another reason gamblers appreciate online Bitcoin casinos is the extra layer of privacy.
For example, you don’t have to give the casino your banking information (credit card or bank account number) when you use Bitcoin. This is one way to prevent online casinos from scamming you.
That anonymity also applies to third-party processors, government agencies, and anyone else that may try to use that information.
Some of the safest Bitcoin casinos online don’t even collect information such as your name, address, and phone number.
To be clear, though, all the sites we recommend DO collect your demographic information. But because we review every Bitcoin casino we recommend, we know your data is safe with them.
Online gambling is a tricky situation in the United States because of the Unlawful Internet Gambling Enforcement Act (UIGEA).
The UIGEA does not prohibit real money online gambling. It restricts banks, payment processors, and US online casinos from processing gambling transactions.
This makes it difficult for online casinos to work with American gamblers. In fact, many gambling sites choose not to accept US customers because processing their transactions can be so difficult.
Online gambling with Bitcoin is easier. USA Bitcoin casinos can process transactions for Americans without violating the UIGEA because it is a decentralized currency. There are no third-party processors or other middlemen, either.
That’s why many real Bitcoin casinos incentivize their (American) customers to use BTC. It is cheaper, easier to use and process, and the success rate is higher, too.
Transparency for American Casino Gamblers
Another benefit for gamblers in the USA is transparency.
A potential challenge US online gamblers face is dealing with shady casino operators. These online casinos know and use every rogue trick in the book.
One of the tactics these blacklisted casinos use is give you the runaround, telling you that your payment is in the mail or on the way.
But how do you know for sure?
Bitcoin solves this problem. All transactions are recorded on the blockchain. You may not know who the transaction is coming from, but you can see whether or not the payment is on the way.
This doesn’t entirely solve your problem. You still need to collect your money. But you can cut your losses and run much sooner than you might have otherwise had you used a traditional currency.
Of course, if you join one of the US-friendly Bitcoin casinos we recommend, you’ll increase the odds of avoiding this problem altogether.
We have a list of the top Bitcoin gambling sites that accept US players, as well as a list for UK casino players, elsewhere on our site. Check those out for regional casino recommendations.
Most of the sites we recommend on these pages also offer sports betting, poker, and other types of gambling – all in addition to real money Bitcoin casino games.
Lower House Odds
Here’s another benefit to using Bitcoin casino sites online – a lower house edge on several casino games.
How does this work?
Bitcoin is cheaper to process. Most crypto casinos don’t have to pay processing fees. They don’t have to worry about absorbing the costs that result from fraud, like customer chargebacks, either.
So, what many of these casinos do is pass the savings onto you. This sometimes comes in the form of a lower house edge. For example, if a game’s normal house edge is 1%, it might be lowered to 0.8%.
Now, this means nothing in the short term. But you’ll lose less in the long run, and making decisions based on the long run is the best way to minimize your losses to the casino.
This benefit doesn’t apply to hybrid Bitcoin casinos, like the ones we recommend. You’ll only see it at online casinos that accept Bitcoin and other cryptos exclusively.
Better Casino Bonuses
Because Bitcoin is so beneficial to them, many online casinos offer better promotions to use it over more traditional payment methods like credit cards, e-wallets, and bank wires.
This is especially true at the best Bitcoin casinos for US players.
What do these BTC casino bonuses look like? They’ll often have at least one of the following attributes.
A higher match on deposit bonuses
A larger cap on bonuses
Smaller playthrough requirements
Add-ons like free spins
Some online casinos that accept Bitcoin deposits offer promotions that tick every one of those boxes. This significantly increases the value of that bonus over any other promo they or another casino may offer.
Those are the types of promotions we like to get our hands on.
Disadvantages to Bitcoin Casino Gambling
We wouldn’t be doing our job if we also didn’t point out the downsides or challenges to using Bitcoin at casinos online.
Here are some of the major challenges to consider.
Complexity – Not everyone knows how to use Bitcoin. Not everyone is good with technology, either.
Legality – You can use Bitcoin to side-step any gambling laws in your area, but there is a risk. The decentralization of BTC makes it tough to go after any online casino that wronged you.
Fluctuations – The value of Bitcoin is extremely volatile and can fluctuate as much as 5-10 percent PER DAY. This impacts the exchange rate when you process a payment. It also impacts how much you’re betting, if you’re betting at a Bitcoin-exclusive casino.
Mistakes – All you need to do is get one character wrong when entering a Bitcoin address and your payment will not end up where you want it to. Then that BTC is lost forever.
These downsides shouldn’t stop you from enjoying online casinos with Bitcoin. But you do need to consider them, as they may impact the casino you join, how much you risk, and more.
Bitcoin-Exclusive vs. Hybrid Online Casinos
There are two categories that online Bitcoin casinos fall into.
Some are Bitcoin-exclusive casino sites. This means that they only accept deposits and process withdrawals in BTC.
Some are hybrid casinos. These are real money online casinos that accept deposits with a variety of banking methods, including Bitcoin.
Most modern online casino sites can be considered hybrid casinos because they accept all your usual banking methods plus at least one form of cryptocurrency.
There are several similarities between Bitcoin-exclusive and hybrid casino sites. But it’s the differences you want to pay attention to because they can significantly impact your experience.
Here are some of the main differences between hybrid and Bitcoin-exclusive casino sites.
Have a wide variety of games, usually from multiple software providers
Typically have fewer games than hybrid casinos, and they may only work with one software provider
Offers multiple banking methods and may accept multiple cryptocurrencies
Only processes transactions with Bitcoin
Do not have the ability to offer provably fair games
Have the ability to offer provably fair games
Wagers are handled in USD or your local currency.
Typically process wagers in Bitcoin.
Betting limits do not change regularly.
Minimum betting amounts depend on the BTC exchange rate.
All our recommendations are hybrid casino sites because we think they’re the best cryptocurrency casinos to use.
However, if you decide to play at a Bitcoin-exclusive casino instead, there are two things you should know about.
Provably fair Bitcoin casinos and games
BTC market and exchange rates
Let’s talk about each one now.
Provably Fair Bitcoin Casinos and Games
Provably fair games are one reason why some casino gamblers love Bitcoin-exclusive casinos. It’s easy to see how provably fair works as you play. But it’s tough to understand the technical side of it.
Here’s the short version.
Online casinos use random number generators (RNG) to determine which cards get dealt, what number the roulette wheel lands on, how the craps dice land, and so on.
Provably fair Bitcoin casinos allow players to audit the RNG software using the same blockchain technology that powers BTC.
The provably fair game software generates the outcome before you place your bets and sends the outcome in an encrypted message on the blockchain.
After the round is over, you can check to see if the result is the same as the encrypted outcome that the software created before you began.
That’s the gist of it.
Now, while licensed gambling sites do have auditors to check the RNG software, players don’t have access to that information.Provably fair games give players the ability to check the fairness of the RNG software for themselves. It adds a level of transparency that Bitcoin hybrid casinos can’t match.
This whole process is fairly technical.
But, if you are concerned about the fairness of the casino games you play online, Bitcoin casinos with provably fair games can address those concerns.
Bitcoin Market and Exchange Rates
Real money Bitcoin casino gambling is different when you use a Bitcoin-exclusive casino site. Instead of placing a $5 wager on blackjack or a slot machine, you stake your wagers in Bitcoin.
That means you need to know the exchange rate to know how much money you are risking on each hand or spin.
This is tough because Bitcoin’s value changes often. BTC can fluctuate as much as 10% per day.
That means the amount you are betting can fluctuate by as much as 10%, too.
Fluctuating Minimum Bets at Bitcoin-Exclusive Casinos
Most Bitcoin casino sites use milliBitcoins (mBTC), or 1/1000 of the current value of Bitcoin, instead of whole Bitcoins.
In March 2021, one mBTC was worth $47.90. The month before that, it was $30.42. Between March 2020 and March 2021, the value of mBTC was as low as $6.50 and as high as $51.47.
One mBTC used to be the minimum bet at most Bitcoin-exclusive casinos. But not anymore. A Bitcoin is worth far too much nowadays for that.
Nowadays, you can find Bitcoin-exclusive sites that accept much smaller deposits and bets. One Bitcoin online casino we know of accepts deposits as small as 0.00006.
But it doesn’t matter how much you deposit or bet. The point you should take away is that the amount or value will fluctuate if your bet sizing is the same.
For example, the 0.001 mBTC you bet could be worth $30.42 today, but tomorrow it could be worth $51.38. That’s a big difference for most people.It is up to you to watch the exchange rate to ensure that you don’t gamble more than you want to.
Not everyone wants to have to worry about this, especially since BTC’s value can fall or skyrocket at a moment’s notice.
If you don’t want to worry about exchange rates, use a hybrid casino like the ones we recommend. They will convert your Bitcoin into your local currency at the time of the deposit.
You won’t have to worry about Bitcoin’s market value again until you cash out.