- 1List of the Best Online Casinos that Accept Bitcoin in Oct 2023
- 2⚖️ What is Bitcoin and How Does it Work?
- 3️ The Use of Bitcoin in Online Casinos
- 4⚖️ How to Buy Bitcoin
- 5How to Deposit and Withdraw to the Casino by Using Bitcoin
- 6Advantages and Disadvantages of Bitcoin
- 7Popular Casino Games for Bitcoin Users
- 8How to Choose a Casino Site that Accepts Bitcoin
- 8.1✅ Bonuses and Promotions
- 8.2✅ Deposit and Withdrawal
- 8.3✅ Safety
- 8.4✅ Casino Games
- 8.5✅ Live Casino
- 8.6✅ Mobile Play
- 8.7✅ Customer Support
- 9Alternative Bitcoin Payment Options
In the ever-evolving landscape of online gambling, a noteworthy trend has emerged – the adoption of Bitcoin as a payment method within online casinos.
Cryptocurrency has ushered in a new era of secure, rapid, and discreet transactions, effectively reshaping the way players interact with at least a dozen widely recognized betting platforms.
Although Bitcoin has been available as a payment option for approximately five years on select websites, it remains a relatively novel and not yet widely embraced choice among players. Many still gravitate towards more conventional payment methods for their gaming deposits.
Therefore, within this guide, we delve into a comprehensive exploration of how Bitcoin functions and how to seamlessly utilize it for placing bets on gaming websites.
List of the Best Online Casinos that Accept Bitcoin in Oct 2023
|1||BC.GAME Casino||4-Tier Deposit Bonus with Up To 780% Deposit Match!||3.1 (131 ratings)||
Read BC.GAME Casino Review
|2||Wild Casino||Match Welcome Bonus Package up to $5,000!||4.7 (110 ratings)||
Read Wild Casino Review
|3||El Royale Casino||Up to 260% Match Bonus!||4.7 (132 ratings)||
Read El Royale Casino Review
|4||Coinplay||80 Free Spins for every new member||4.7 (57 ratings)||
Read Coinplay Review
|5||Red Dog Casino||Get a 225% welcome bonus now!||4.7 (153 ratings)||
Read Red Dog Casino Review
⭐What’s Our Rating Process? Why Choose Gambling ‘N Go?
At Gambling ‘N Go, we meticulously assess every casino and betting site using essential criteria to ensure a secure and enjoyable gaming journey. Our approach is transparent, and you can find all the details right here.
Furthermore, feel free to explore information about our team and our mission. We’re always here to address any inquiries you may have.
⚖️ What is Bitcoin and How Does it Work?
The origins of Bitcoin can be traced back to a programmer or group of programmers operating under the pseudonym Satoshi Nakamoto.
Developed between 2008 and 2009, it marked the inception of fully decentralized electronic money, unaffiliated with any government or financial institution. Bitcoin pioneered the realm of digital currencies, paving the way for others like Ethereum and Litecoin.
Operating as a peer-to-peer electronic cash system, Bitcoin enables direct transactions between users, bypassing the need for banks, cards, or physical cash. Every transaction is recorded and verified by users across the network on a decentralized database known as the “blockchain.”
Unlike conventional currencies, Bitcoin’s value isn’t influenced by inflation or devaluation but rather by market supply and demand. Notably, its value remains consistent across all countries, eliminating conversion rate losses when used for betting, unlike traditional casino currencies such as dollars or euros.
️ The Use of Bitcoin in Online Casinos
First, if you haven’t acquired any coins yet, you must create an account for your transactions, commonly referred to as a BTC wallet.
Numerous websites offer registration for BTC wallets, typically providing two types of wallets: one that is entirely web-based, accessible through your web browser, and another that is installed as a desktop program on your computer.
While some argue that the web version suits punters better, the desktop version is also available. During the account creation process, you will be required to provide an email and password.
Additionally, you will need to generate an address, serving as an identifying account ID for your transactions. Similar to online wallets like PayPal, where only your email and password are needed for sending and receiving funds, your unique ID will facilitate your transactions.
With your wallet now established, it’s time to purchase coins to begin using it. You don’t need a substantial sum to start; you can buy fractions of a Bitcoin, as most transactions today are conducted in fractions due to the cryptocurrency’s significant growth in recent years.
⚖️ How to Buy Bitcoin
To purchase Bitcoin, you have several options:
- The platform where you’ve created your wallet often provides a marketplace for buying and selling coins. Here, you can utilize various payment methods, including credit cards, to acquire the desired amount in BTC.
- You can directly purchase Bitcoin from another user at an agreed-upon price.
- Some websites offer the opportunity to exchange services for cryptocurrencies.
- When conducting transactions with cryptocurrency, you transfer funds directly from your ID to the casino’s ID, eliminating the risk of data theft. Coupled with Bitcoin’s highly efficient security system, this method stands out as one of the safest for online transactions.
- By using the acronym BTC, you can monitor the currency’s real exchange rate daily. Since its significant appreciation in 2013, Bitcoin has gained prominence, not only among investors but also as an accepted payment method on various online services, beyond just betting sites.
- When you create an account for buying and selling digital currencies, your data is encrypted. As a result, the identities of the parties involved in transactions remain concealed. Although all transfers are publicly recorded, personal data remains secure and undisclosed.
How to Deposit and Withdraw to the Casino by Using Bitcoin
While cryptocurrencies may seem complex to beginners due to their broad nature, the process of making deposits and withdrawals from a BTC wallet is remarkably straightforward.
Utilizing your unique ID, you can effortlessly send and receive payments in various currencies. Below, you’ll find a step-by-step guide to depositing funds into a casino or bookmaker.
- After creating your wallet on a website of your choice, the next step is to purchase coins using your preferred method.
- Once your BTC balance is in the positive, visit an online casino or sports betting site that accepts Bitcoin as a payment option (we have a list of secure sites at the top of this page).
- Upon selecting the site that aligns with your preferences, navigate to the payment options and choose the “deposit with Bitcoin” option.
- You’ll receive the wallet ID specific to the website.
- Copy the provided ID and access your wallet to initiate the transaction. Specify the desired amount, and you’re done!
- Your deposit should be reflected on the site within minutes.
- Keep in mind that the site you’re depositing on may have particular bonuses or regulations related to BTC payments.
To initiate withdrawals, the process closely mirrors the deposit process:
- Begin by accessing the withdrawal section on the betting site.
- Opt for Bitcoin as your withdrawal method (provided you initially deposited using this currency).
- Specify the withdrawal amount and input your wallet ID.
- The company will execute the transfer in accordance with its withdrawal policy, with processing times subject to variation.
Advantages and Disadvantages of Bitcoin
Utilizing the BTC wallet for deposit and withdrawal transactions at casinos and bookmakers comes with both advantages and disadvantages. Here’s an overview:
|BTC deposits typically process instantly.||Acquiring BTC is essentially an investment, subject to potential gains or losses. Being an exchange cryptocurrency, its value remains in constant flux, undergoing frequent fluctuations.|
|Withdrawals, although they may require more time compared to deposits, are still notably swift.||Once you’ve initiated a transfer with your BTC wallet, it’s important to note that cancellations are not possible should you have a change of heart.|
|Certain websites provide enticing incentives for deposits conducted with this currency.|
|Being a direct means of transferring funds, it stands as one of the most secure and discreet choices for online betting.|
|A effective strategy for growing the balance of your Bitcoin wallet and exchanging it for other currencies.|
Popular Casino Games for Bitcoin Users
The global online casino industry has witnessed a surge in competitiveness over recent years. As a result, operators are compelled to provide their players with an extensive array of diverse games. While slots reign supreme as the most popular casino games, roulette, poker, and blackjack are hot on their heels.
Bitcoin users have the advantage of accessing all these games, depending on their chosen casino. Furthermore, casinos that accept Bitcoin typically offer a wide selection of games. Here’s a brief overview of the most sought-after casino games:
✅ Online Slot Games
In a reputable online casino, you’ll discover a vast selection of hundreds of different slot games. Fruit-themed slots hold enduring popularity, with their roots tracing back to land-based casinos before the internet era.
Even today, players continue to enjoy them, and you can encounter dozens of these fruit-themed slots on online casino platforms worldwide.
These slots are sourced from trusted software providers such as EGT, Microgaming, Pragmatic, and others. Whether you prefer low or high volatility slots, you’ll always have the option to find a fruit-themed slot that suits your preferences. The betting stakes for slots typically range from a hundredth of a Bitcoin to several thousand.
Certainly, roulette ranks among the most beloved table games in online casinos. Typically, operators provide an array of over 20 diverse roulette variations within the table games section.
If the casino offers a live casino section, you can also expect to find roulette there. The three most sought-after roulette variants are European, American, and French.
In roulette, there exist two fundamental bet types – inside and outside. The former pertains to number fields, while the latter encompasses all other areas on the table.
Your betting options are versatile, allowing you to wager on specific numbers, black or red, number groups, halves of numbers, rows of numbers, even or odd numbers, smaller or larger numbers, and more. It’s a straightforward process.
Blackjack stands as a highly sought-after card game that commands a significant portion of the table games section within any online casino. Similar to roulette, you’ll encounter a plethora of diverse blackjack variants. You have the choice to engage in live blackjack or opt for the standard version without live streaming.
An intriguing fact is that this game presents one of the rare opportunities in the realm of house-banked games where players can achieve a statistical advantage over the casino.
The rules are straightforward – the objective is to attain a total of points exceeding the dealer’s, without surpassing 21 points. Going over 21 results in an automatic loss for the player.
Poker is a game teeming with possibilities, boasting various iterations within the offerings of online casinos. Texas Hold’em takes the lead as the most favored version, closely followed by Omaha and Five-card draw. Less renowned variations include Razz and Stud.
Every type of poker carries its own set of pros and cons, yet video poker typically reigns as the most frequented due to its minimal casino margin. Several casino websites also present poker tournaments, providing players with an authentic casino experience in the online realm.
How to Choose a Casino Site that Accepts Bitcoin
Locating a Bitcoin casino could prove either straightforward or challenging, contingent on the prevalence of such establishments in your vicinity. Nevertheless, there are key considerations to weigh when selecting a casino site. Here are the pivotal elements to take into account:
✅ Bonuses and Promotions
Initiating your initial investment in a Bitcoin casino can receive a boost through a welcome bonus. These bonuses contribute to an improved gambling experience by increasing the chances of winning.
However, it’s crucial to note that all promotions come with rules, underscoring the importance of thoroughly reviewing the Terms and Conditions.
Beyond welcome bonuses, casinos extend enticing promotions for frequent players, providing opportunities to save money during gambling sessions. These promotions become particularly valuable for those intending to engage in regular gambling.
Lastly, certain casinos extend bonuses tailored for Bitcoin users—typically modest but preferable to receiving no bonus at all.
✅ Deposit and Withdrawal
Bitcoin casinos offer two distinct approaches to cryptocurrency use, each with significant differences—opting for the option to establish a Bitcoin account on the platform or exclusively conducting transactions through a BTC wallet. Understanding how each operates is essential for aligning with your preferences.
Bitcoin Account: Some casinos permit you to maintain a Bitcoin account, enabling BTC as your primary currency. Consequently, transactions occur directly in cryptocurrency, eliminating the need for conversion to fiat currencies like the euro or dollar.
Via Bitcoin Wallet: In cases where the casino accepts transactions via a Bitcoin wallet, your balance undergoes conversion. While you deposit in cryptocurrency, the wagers are executed in fiat currency (euro, dollar).
Bitcoin-accepting casinos should undergo scrutiny regarding the security they afford to players. After all, when we invest our money in casinos, the last thing we want is a site riddled with security vulnerabilities that could compromise our personal data.
You can undertake this evaluation as well. Typically, essential information can be found at the bottom of the page – examine whether the online casino holds a valid license. This signifies that the site undergoes audits to ensure fair play. Seek out seals from authorities like eCogra, the gold standard for anti-fraud testing.
Confirm if the platform promotes responsible gaming, offering guidance on combatting gambling addiction. Opt for platforms that employ state-of-the-art security technologies like data encryption.
✅ Casino Games
Top-tier casinos frequently collaborate with premier game developers. This collaboration enriches the game catalog, incorporating highly sought-after titles and diversifying gaming options.
Seek out Bitcoin casinos that feature a range of traditional games, ensuring ample choices for classics like Blackjack and Roulette. Additionally, explore offerings such as online scratch cards and bingo for added variety.
✅ Live Casino
If you relish the excitement of playing alongside professional dealers, consider opting for a live casino. Check whether the platform features acclaimed software providers like Playtech or Evolution. A wide array of suppliers can also enhance your gaming experience.
✅ Mobile Play
To ensure convenience, it’s vital to confirm that the Bitcoin casino provides a seamless mobile gaming experience. Check for the availability of an app compatible with your operating system. Alternatively, evaluate the functionality of the mobile site, allowing you to enjoy the features without the need to download an app.
The games should perform flawlessly when accessed via the browser, with many sites organizing their catalog in a manner similar to a dedicated app.
✅ Customer Support
It’s crucial to have a responsive support team at your online casino, ensuring you can address inquiries and resolve issues securely.
To this end, confirm that the platform offers player support via live chat, check their service hours, and evaluate their response times for addressing queries. The best support teams operate around the clock, providing live chat, email, and telephone assistance.
Alternative Bitcoin Payment Options
|Bank slip||Before the rise of alternative electronic payment methods, the bank slip was widely favored among gamblers. Its popularity endures, and nearly all online casinos continue to accept it.|
|Bank transfer||In the present day, it’s a challenge to come across someone who doesn’t utilize at least one banking app on their mobile for transfers and payments. Bank transfers also hold significant sway as a payment method in online casinos, renowned for their safety and still retaining the position of being the preferred payout method for players at online casinos.|
|Credit and Debit Cards||Credit and debit cards enjoy widespread usage, with many players readily employing this payment method for both withdrawals and deposits. It was one of the initial methods utilized when online casinos first launched their services. However, it has somewhat waned in popularity today, primarily attributed to the fluctuations in exchange rates. Visa, MasterCard, and American Express stand out as the most favored choices among players.|
|Electronic Wallets||E-wallets, also known as digital wallets, haven’t gained the same level of popularity among the general public as other payment methods, but they’ve seen growing adoption within the gambling community. In practice, they function much like a banking app, allowing you to link your credit cards and various payment methods in one centralized location for financial transactions. Among the most widely used e-wallets are PayPal, Neteller, Skrill, and ecoPayz.|
|Prepaid Cards||Prepaid cards serve as an excellent choice for players lacking access to other payment methods. They’re particularly favored for their ability to offer precise financial control—you determine the betting amount, eliminating concerns about excessive spending often associated with conventional cards. Among the widely used prepaid card options are AstroPay and paysafecard.|
|Other cryptocurrencies||At first glance, cryptocurrencies might appear complex, but they’ve gained traction as an investment and are now accepted by some of the country’s online casinos. The key distinction from other payment methods is the potential for cryptocurrency values to fluctuate, offering the possibility of additional profits for bettors. Alongside Bitcoin, Ethereum and Litecoin rank among the most popular options.|
Can I use my BTC account in all casinos?
No, but you can utilize it at the casinos mentioned earlier. Always verify whether the casino provides Bitcoin payments before establishing an account.
What are the benefits of using Bitcoin in casinos?
Undoubtedly, the primary advantage of cryptocurrency lies in its security when conducting online transactions. It also appeals to those who prefer anonymity when engaging in betting activities. With BTC, no trace of your bets remains on your checking account, credit card, e-wallet, and similar platforms.
What is the payment processing time?
Transactions are processed almost instantly and typically confirmed within a maximum of three hours. Withdrawal times, on the other hand, vary based on the internal procedures of each website. Nevertheless, it stands as the quickest payment method available on online casino platforms.
Is Bitcoin Trustworthy?
Bitcoin represents a perpetually shifting digital currency. If you’re prepared to embrace the inherent risks associated with acquiring this coin, you can securely deposit it at online casinos. This strategy allows you to accumulate additional Bitcoin, which can be subsequently traded at a more favorable exchange rate.
Is using Bitcoin safe?
Indeed. The system established to underpin cryptocurrencies, known as blockchain, is entirely secure and impervious to fraud. Furthermore, transactions conducted between users are autonomous, enhancing their security since personal data remains unshared with third parties.
Are there special bonuses for coin users?
Certainly! Numerous casinos that embrace Bitcoin provide exclusive bonuses for users who opt to make cryptocurrency deposits.