Overall Casino Rating
What Is Bitcoin Casino
According to the name of this type, Bitcoin casinos are those which allow gamblers to play for BTC only or for several cryptocurrencies, including Bitcoin. Besides, some of the platforms from the list accept both crypto and fiat currencies. Looking for more details? Go on reading the review to find out more.
Bitcoin Casino Is
As gambling is becoming more and more popular, different payment methods appear constantly as well as the new platforms. Players from the USA and foreigners also don’t stop at fiat currencies and look for new ways to make transactions. So you won’t be surprised to hear that Bitcoin casinos are also available online with all the bonuses the common platforms offer. Moreover, some games are still for free due to demo mode, so gamblers can practice. And you have an opportunity to join one of the best BTC websites which are described in our review. Go on reading to find out about this unusual way to make transactions and choose the BTC casino you will enjoy playing. Well, what information can help you?
Some More Details
As it was mentioned, BTC casinos can accept only bitcoin or several currencies at once, including fiat ones. It means that gamblers have a choice. And many users tend to the crypto option, so there are strong reasons for that. First, the geography of this method is unlimited. You can play casino games from any place around the globe as well as from countries where gambling is prohibited.
One of the most valuable benefits is anonymity: you can get untaxed winnings. As for other options, these casinos can boast this one – blockchain technology allows to view the results of each game for money and make sure that it was fair. Its also impossible for hackers to crack your account, so your deposit is safe. Sounds exciting, doesn’t it?
A Bit of History
For the first time, people heard about BTC in 2008. Still, the origin of this currency is uncertain, but it is generally believed that the inventor of it is Satoshi Nakamoto. In the summer of that year the currency was registered and in autumn it was already released. Many industries took this payment method into account, and the best Bitcoin casinos are not the exception.
Casinos Games
Perhaps, you are looking for one website to choose from the list above and enjoy the variety of games daily then? Nothing to it, so each platform we offer can boast loads of exciting games, slots. And the software suppliers are reliable and are always looking forward to creating something innovative. So, what games can players enjoy at BTC casinos?
- Slots by BGaming, Ezugi, Amatic, NetEnt, and other providers. You can try out Pirates Frenzy by Blueprint, Cash Tank by Endorphina, loads of other slot machines online.
- Table games include all the kinds of entertainment real casinos offer – roulette, poker, blackjack, craps, etc. You are welcome to join Sic Bo, Trey Poker, Blackjack, Baccarat VIP.
- Live Casinos with real dealers who accompany you while playing different table games, lotteries.
All the games here are similar to the range of software common online casinos offer. Some platforms have special sections – “BTC Games”. And as you make bets in crypto, your winnings will have the same currency then.
Be aware: sometimes several games are forbidden for foreigners, like NetEnt games for users from Australia at BitStarz. But don’t worry, due to anonymity you can go on playing freely.
Bonuses in Bitcoin Casinos
We have gathered the best Bitcoin casinos in good standing for our players to enjoy the range of benefits they can get. Bonuses of 2020 are also the thing to pay attention to. What do the platforms offer to attract new visitors? Users from Canada and other countries can enjoy up to 5 BTC for the first deposits at mBit Casino. Some casinos offer presents for 3 or even more deposits. Free Spins also take place like in any other casinos, except the fact that you get winnings in cryptocurrency. Wagering requirements for each offer are set by the Bitcoin casinos you choose. Usually, the wager is x30-x40, while the terms to complete the requirement are about 7 days.
Withdrawal and Deposit
Even when the casino accepts crypto, you can still make payments in fiat currencies as well. When you open the profile, you also select the main currency. Some casinos allow to change it only after applying to the support. For example, BitStarz offers loads of currencies when you sign up – BTC, LTC, ETH, BCH, DOG, and others. USD and EUR are also available. As for the systems to make payments, you can choose the following:
- crypto wallets;
- credit cards;
- Zimpler;
- WireCard;
- Skrill;
- other systems.
Where to Get Bitcoins
If you don’t have any Bitcoins, you can get them on one of the trusted Exchanges. And you can keep your money right on the website you choose. But having your own wallet is the safer way. In order to open it, you can use online BTC wallets or get physical devices that provide a high level of security.
Pros and Cons
This kind of gambling platforms is developing rapidly, so you can view its pros and cons. Let’s get acquainted with both.
Benefits of BTC Casinos
These websites have many things to offer users. For example, the following:
- Bitcoin is decentralized, so you don’t worry about the currency to be frozen;
- the available geography allows to use the method in any jurisdictions;
- the slower your transaction is, the less fee you pay;
- all the payments are anonymous, so you don’t have to disclose the information about your incomes;
- blockchain technologies allow to control all the operations which are connected with money – winnings, games on money;
- bonuses and other promotions are available as well as on the common websites;
- the range of BTC casinos increases, so you can choose the best website on our platform.
Weak Sides of the Payment Method
While some countries accept crypto quite often, for example, the USA users do that, in the UK and some other jurisdictions people still prefer more standard ways to make transactions. Besides, there are some more restrictions:
- you have to devote some time to learn about this method, open the wallet;
- the rate of some currencies can be quite unstable;
- still, many casinos accept only fiat currencies.
The idea of BTC casinos is not new but still is considered to be quite innovative. So learning some more about this type can come in handy. Here are the answers to the questions which can help you stay up-to-date. Well, what should you learn?