Bitcoin Casinos

The growth of Bitcoin casinos has undoubtedly revolutionized the world of iGaming. Cryptocurrencies, especially Bitcoin, are now considered one of the most reliable, fastest and secure payment options. With Bitcoin, you can place bets using cryptocurrency and enjoy all the extra perks that come with it.  

What We Look For

The number of cryptocurrency types in the world continues to increase. Anyone with internet or cable access would have at least heard of cryptocurrency. Due to its huge popularity, it continues to make headline news. So, it is natural for casinos to accept cryptocurrency as a payment option. However, finding a suitable, top Bitcoin casino is where the issue lies for many players.

Our experts know how to spot and review online casinos that accept Bitcoin. In this review, we detail the different factors they consider and help you find the right Bitcoin casino to enhance your gaming experience.          

How We Evaluate Bitcoin Casinos

We evaluate many Bitcoin casinos, with each site passing through our stringent systematic evaluation process. We start by creating an account, and then we deposit funds like any new player. After that, we risk our funds to win real money, to see how long it takes to withdraw profits. In addition, we pay attention to other areas including user experience, payment options, visuals and site performance across different devices. Until we’ve examined all the data we collect, we don’t start composing our comprehensive reviews or make any recommendations.  

There are many factors to consider for Bitcoin casinos, and in addition, cryptocurrencies come with many risks that vary from other traditional payment options. As a result, it is important to read as much related information concerning crypto as possible before diving in with your real money.

Licensing and Regulation

When selecting casinos or any betting site for that matter, licensing and regulation are among the most important factors to consider. As a result, before you choose a Bitcoin casino, you should find out the regulatory authority license the casino holds. For instance, US-based casinos must have a proper license that they operate under. There are also offshore casinos that come with the option to use Bitcoin and official licenses. These authorities protect players from fraudulent activities and offer a safe and fair gaming atmosphere. We only recommend casinos with a proper security system for securely handling transactions.

Bonuses and Promotions

Bonuses and promotions are propellers that help all gambling sites, including Bitcoin casinos, gain instant popularity. Undoubtedly, for any new casino to gain any traction takes time, especially if they decide not to offer enticing bonuses for new players. 

So, you can count on us to provide daily updates to our lists so that you never miss any current bonuses. Also, all the top Bitcoin casinos we recommend offer an impressive bonus and promotions list to new and existing players.  Most bitcoin casinos offer Bitcoin bonuses as one of their attempts to gain a reputation as a top casino and increase the number of players with active accounts. 

As a result, they offer special promotions to active players to continue playing at the casino. Note that most bonuses will require you to deposit using bitcoin before claiming them.

Casino Games

Some casinos only focus on certain games, especially slots and table games. However, you may be looking to cast your net wider. As a result, you might want to look further if the game’s selection is limited. Fortunately, many bitcoin casinos allow you to play various casino games and other kinds of online games. We only recommend Bitcoin casinos that offer a wide range of games to players, including live dealer games, slots, specialty, roulette, blackjack, video poker and lottery games. 

In addition to that, we also consider the range of providers the casino features games from top-notch titles. When we carry out casino reviews, we carefully hand pick the ones with the best games from top providers.

Cryptocurrency Options

Crypto is more than bitcoin now. Many cryptocurrencies offer massive value in the online casino world. As a result, we look for crypto-enabled casinos featuring many cryptocurrencies. However, there might be legal issues with specific kinds of cryptocurrencies. We recommend that you familiarize yourself with your country’s laws. This is so you do not have any issues playing with crypto at Bitcoin casinos. Please note that bitcoin and other cryptocurrencies are legal in the US. Therefore, you would not have any issues using them when playing online.

On The Go Experience

Mobile gaming is on the rise and becoming more popular compared to playing on computers, thanks to the massive increase of players using smartphones over the years. With that in mind, payments and bets should be possible when players choose to play on mobile devices at top US bitcoin casinos. Whenever we want to review a Bitcoin casino site to join, it must be compatible with mobile devices. 

It would even be better if they had a downloadable mobile app to ensure that players can access the casino lobby and every other feature in one click. As a result, any casino that does not offer a top-notch mobile gaming experience would not make it to our recommended list.

Withdrawing at Bitcoin Casinos

Being able to withdraw your wins is undoubtedly the most expected part of playing online with a new casino site. This part is even more advantageous if you can withdraw your winnings easily. Fortunately, online casinos that accept Bitcoin deposits offer instant and easy withdrawal processes. One of the main advantages of bitcoin cashouts is that they are practically free and immediate, while some other traditional options might require you to pay a fee. That excludes the fee that might be added to getting the money into your local bank account.

In most cases, withdrawal with Bitcoin takes less than 24 hours to get into your crypto wallet, as long as you do not provide the wrong Bitcoin address. This is faster than most standard payment options online casinos use. Since you can cash out your wins faster and easier with bitcoin, the thrill and attractiveness of online casinos have increased. In addition, Bitcoin payment comes with little or no withdrawal fee, making it more comfortable for online players. However, it can get frustrating when part of your wins is lost because of transaction costs.

As a result, Bitcoin is becoming one of the top choice payment methods for online players. Bitcoin casinos also offer higher withdrawal limits. Some do not even come with any maximum withdrawal cap. However, this is only restricted to players that deposited with Bitcoin in the first place. With this benefit, players have the liberty to go as high as they can, and in turn, win as much as possible compared to traditional payment options that come with smaller limits. 

Security and Taxes 

With Bitcoin, there are many incredible advantages. The most important one is securing players’ identities, and the main reason is that bitcoin works on the decentralized blockchain network. As a result, it does not require personal or banking details. To use Bitcoin, you only need an address and the good thing is that you can transact with a generated URL of the amount you want to send.

When you use bitcoin, all transactions are anonymously done since there is no central regulatory system. The network is simply a bunch of nodes (blocks) connected. Therefore, each transaction is stored on every node in the network, creating a trust-less system.

In addition to that, traditional payment options are required to strictly follow the banking KYC (Know Your Customer) verification process. This KYC is a process where players provide their personal information for verification so that banks can easily track each transaction, which can lead to unruly suspension and blocks.

As a result, decentralized blockchain technology is becoming more popular since no central institution monopolizes the regulation. So, you know that you are protected from these kinds of issues when you play at Bitcoin casinos.

Cryptocurrency Acceptance in the US

In the US, the acceptance of cryptocurrency has grown at an incredibly fast rate. According to a report from Pew Research Center in 2021, 16% of Americans say they have traded, invested, or used at least one crypto. Also, men between 18 to 29 are more likely to say they have heard about and used cryptocurrencies, especially Bitcoin and Ethereum. However, up to 86% mentioned that they’ve heard at least something about cryptocurrencies. This report shows that the cryptocurrency acceptance rate is near its peak, and in no time, we will have more people in the US trading, investing in, or using cryptocurrencies.

Most reports are for generic acceptance and use in the US. Therefore, we cannot truly tell how many online casino players have looked to or are using bitcoin or any other cryptocurrencies to play casino games. However, with the growth in general acceptance, there is no doubt that more people are beginning to try bitcoin casinos. 

Frequently Asked Questions (FAQs)

We’ve talked about different areas of Bitcoin casinos and the benefits of using them. However, there are still areas that might be confusing about playing at bitcoin casinos. As a result, we have a detailed FAQ section for you.

How do I play at Bitcoin Casinos?

To play at a Bitcoin casino, you need to find a real money online casino that accepts cryptocurrency payment. Then, you need to ensure that you have a Bitcoin wallet and it is fully funded with enough deposit funding. You can create an account and make your first deposit to start playing your favorite casino games.

How do I withdraw my wins from a Bitcoin Casino?

Withdrawing your wins from a Bitcoin casino is very straightforward. What you need to do is to go to the casino’s cashier tab, click on the withdraw button, select bitcoin, enter the amount you want to withdraw and enter your wallet address. As long as it is the correct address, you will receive your wins within 24 hours.

Do I need to download software to get started?

No. You do not need to download any software before starting at a Bitcoin casino. However, you will need to have a crypto wallet account to deposit and withdraw using Bitcoin.

Where can I buy Bitcoin in the US?

Fortunately, there are many exchange platforms and crypto wallets that you can use to buy Bitcoin. You can use Crypto.com, Binance US, Coinbase, and many others in the US.

Are Bitcoin Casinos regulated?

Most Bitcoin casinos that still offer traditional payment methods are regulated and licensed by different authorities. However, completely decentralized bitcoin casinos do not have any centralized regulation.

Conclusion

Bitcoin and cryptocurrency are playing a big role in the growth of the online gambling industry. Crypto relies on a decentralized blockchain technology that protects players’ details and lets them play anonymously. As a result, players can engage without fear of risking their sensitive details, making Bitcoin a more appealing payment option. 

Aside from that, players can take advantage of the bigger bonuses that bitcoin casinos offer and the higher deposit and withdrawal limit that comes with using cryptocurrency. Although there is a lot to enjoy playing at a Bitcoin casino, it is important to understand the risk involved because the technology is still in its early implementation phase. Before you choose a Bitcoin casino, you should consider different factors. These include welcome bonuses and promotional offers, licensing and regulations, games collection, customer service and withdrawal process.