Before diving in and looking at Bitcoin casino sites that offer the most bang for your crypto bucks, let’s briefly go over why you’d choose to play on Bitcoin casinos.
One of the biggest advantages the Bitcoin casinos provide is that you can enjoy them from wherever you are on Earth. A major drawback of online casinos, in general, is their inability – or unwillingness – to accept players from certain parts of the world.
Bitcoin, like all cryptocurrencies, run on decentralised blockchain technology which isn’t owned or operated by a single organisation – but by a blockchain network, which is distributed across the globe. With Bitcoin casinos, if you have a solid internet connection and a crypto wallet with a little Bitcoin in it, you’re good to go!
On a related note, because you’re depositing Bitcoin into your casino account instead of a conventional (fiat) currency, you’re subject to Bitcoin’s blockchain transaction fees high fees instead of the payment processing fees you may be accustomed to. The great news is that blockchain transaction fees are usually far lower, so you get to enjoy more of your favourite Bitcoin games when you make a deposit and get to keep more of your winnings when you make a withdrawal.
Speaking of withdrawals, another reason so many players are flocking to Bitcoin casino sites is the increased speed with which you can withdraw your winnings. Online casinos are renowned for being slow when it comes to letting players withdraw funds from their casino accounts – with fiat currency payment processing being a big factor in this. Bitcoin transactions, on the other hand, are much faster – so you’ll have your funds back in your crypto wallet within minutes or hours, instead of being forced to wait days.
A huge advantage of playing on Bitcoin casinos, especially for players who are interested in or trade crypto, is that you have the chance to win Bitcoin. Because Bitcoin can go up in value, your winnings can increase way beyond what you actually won playing the games on a Bitcoin casino site.
As with anything, in addtition to all the benefits of playing on a Bitcoin casino, there are a couple of potential downsides to be aware of too.
Bitcoin, like all cryptocurrencies, is known for rapid increases and decreases in its value. So, while we just mentioned that the fact Bitcoin can go up in price is a major benefit of playing on Bitcoin casinos, keep in mind that its price can go down too!
As cryptocurrencies are pretty new and haven’t truly gone mainstream, things like Bitcoin wallets and buying Bitcoin from an exchange can seem daunting to new players. Furthermore, unlike depositing funds with a credit or debit card, you can’t call your bank if anything goes wrong because no one is responsible for Bitcoin’s blockchain – it is decentralised, after all.
But don’t worry – the advice offered in this guide breaks down the process of playing on a Bitcoin casino – step by step, and we’ll help you keep your Bitcoin safe and secure.
Here’s how to get started on Bitcoin casinos in three, simple steps.
The first step is choosing the Bitcoin casino site that you want to sign up for. Fortunately, this first step is the simplest – as Crypto Casino Masters have done most of the legwork for you! We’ve looked at all the top Bitcoin casinos and assessed them based on their selection of games, ease-of-use, reliability, reputation, and more.
With all that in mind, Here’s our list of the top Bitcoin casinos:
Basically choose a casino in the list of our site and click on the link.
Once you have a Bitcoin casino in mind, the next step is to register for a player account. If you’ve played on an online casino before, this part of the process will be familiar to you. Also, it’s a good idea to carefully read the casino’s terms and conditions – particularly those related to the Bitcoin casino bonuses, if that’s what attracted you to that particular site.
Ok, so you’ve chosen the Bitcoin casino you want to play on and have signed up, now it’s time for the important part – depositing the Bitcoin into your player account. As we mentioned above, this can take crypto newbies out of their comfort zone so we’re going to break this step down into its own series of steps.
We wouldn’t be fully doing our job as a crypto casino review site (link to the front page) if we didn’t offer a few words of advice on how to stay safe while gambling with Bitcoin. Bear in mind that Bitcoin, due to its high price and name recognition, is more targeted by online scammers than other cryptocurrencies.
Here are a few ways to make sure you hang onto your funds while enjoying your time on Bitcoin casino sites.
If you’re like many online casino players, one of the main factors for choosing a Bitcoin casino is the excellent bonuses they have on offer. Here are some examples of the typical Bitcoin casino bonuses you’re bound to come across. And don’t forget – if the Bitcoin casino bonuses are a deal maker or breaker for you. always check their bonus terms and conditions before depositing your crypto funds.
Deposit bonuses are a common type of bonus offered by Bitcoin casino sites and are awarded when you deposit Bitcoin into your player account. Deposit bonuses are can be expressed as flat amounts, such as 5 BTC, or a percentage of your deposit. “100% up to 3 BTC”.
Better still, some Bitcoin casinos offer additional bonuses, for when you make your 2nd, 3rd, and maybe even 4th deposit bonuses. If this is the case, their deposit bonus could refer to the total casino – which is the combined total of all deposit bonuses.
A cashback bonus refers to when a Bitcoin casino gives you back a small percentage of the funds you’ve already spent on their site. The percentage varies depending on the casino and there’s usually a limit on the amount of cashback you can receive according to their terms and conditions. Also, even though it’s called a “cashback bonus”, you’ll receive it in Bitcoin.
Free spins are another popular Bitcoin casino bonus that allows you to play slot games without spending your own funds. You’ll often see free spins as a part of a ‘Welcome Bonus’ package, along with a deposit bonus or cashback bonus.
Rakeback bonuses are related to online poker and refer to the entry fee, or rake, that you pay to join a poker room. A Rakeback bonus is when you receive a percentage of that rake back from the Bitcoin casino site. A typical Rakeback promotion will award you a percentage of what you paid over a certain period, usually a week or a month. For example, if the Bitcoin casino’s poker room has a weekly 20% Rakeback promotion and you regularly spend 5 BTC over a week, you’d receive 1 BTC into your player account each week.
So, you’re sold on the idea of gambling on online casinos with cryptocurrencies, but the question is, why Bitcoin instead of one of the other cryptocurrencies?
As we mentioned at the start of this guide, one of the most significant benefits of playing on a Bitcoin casino is how quickly you’re able to withdraw your funds. This is because the Bitcoin blockchain processes transactions instead of your bank or credit card company, making it much faster and cheaper. Here’s how to withdraw your winnings back into your Bitcoin wallet.
The beauty of Bitcoin casinos is that you’ll find most, if not all, of the games, that you’d find on a regular online casino. Better still, because Bitcoin and Cryptocurrencies, in general, are allowing more companies to enter the market, players will benefit from a larger variety of games.
Games on Bitcoin casino sites generally fall into three main categories: slot games, table games, and random number games.