Introduction to Bitcoin
Bitcoin casino has come to turn around the worlds of online and land-based casino gambling. One can play all the famous casino games such as Blackjack, Bingo, Dice, Poker etc. without any restrictions using Bitcoin as a primary payment method. Why is it so? Where this bitcoin comes from and what makes it so popular? Let’s find out a bit more about this magic crypto and reasons that make it is so suitable for gambling purposes.
Bitcoin/btc/BTC is the name of a truly amazing invention. In simple words, Bitcoin is a new generation of decentralized digital currency operating only on the Internet, i.e. having no physical representation like paper bills or coins. It is not controlled by anyone - the emission of currency occurs through the work of millions of computers around the world. People who mine bitcoins use a program to calculate mathematical algorithms to decipher the blocks for an award. After deciphering of a block (which roughly occurs once in 4 years,) there comes bitcoin halvening that decreases the award of minders by half and increases the complexity. This is the essence of bitcoin.
Where to buy and keep this virtual money?
The solution lies in people who want to sell BTC. Your task is to go to an online exchange or an over-the-counter (OTC) market. You can buy bitcoins in any way that the seller accepts. In many countries, you can buy bitcoins with cash, debit or credit card and via any other supported method.
As you know, the price of Bitcoin can change dramatically and unexpectedly, so you should follow the price fluctuations scrutinously to strike a good bargain.
- 2008The creation of bitcoin.org and the emergence of the paper on a new system for electronic transactions titled “Bitcoin: A Peer-to-Peer Electronic Cash System.”
- 2009Satoshi Nakamoto mines the genesis block of bitcoin and bitcoin network appears.
- 2010The very first bitcoin exchange BitcoinMarket.com starts operating. Later this year, the first BTC transaction happens.
- 2011Bitcoin reaches the price of $1.
- 2012The price keeps rising, slowly surpassing the $10 mark.
- 2013BTC keeps the steady growth reaching $1,242 in November, 2013.
- 2014The decrease in price due to the attempts of Chinese government to restrict trading with BTC.
- 2015The price starts to grow again by the end of 2015.
- 2016Stabilizing of BTC price at the rate of $600-$700.
- 2017The year of bitcoin rise.The BTC reaches its greatest all-time high of almost $20,000.
- 2018Significant decrease in value.
- 2019At the moment of writing the price is $5,166, which is a result of a very slow yet gradual improvement after the steeping fall of the end of 2017-2018.
Bitcoin gambling these days
At the present time, Bitcoin is closely related to the casino. It is even possible to say that bitcoin is one of the engines of progress in this area. Bitcoin online casino is now contributing to the idea of crypto wallets for gamblers, demonstrating the various possibilities of cryptocurrency. Notably, the first major transaction for 126, 000 BTC (11 million dollars at the exchange rate of that time) took place in the gaming area.
Many large providers picked up the idea of BTC casino a few years ago, which resulted in the creation of a bitcoin casino script. Novomatic, Microgaming, and Playtech have long designed games specifically for bitcoin casinos. One of such games generated $11 million in casino revenue in 2014 .
As you might have guessed, Bitcoin casino gambling is for bitcoin holders only (if you don’t have BTC, you should buy it on the OTC market or crypto exchange.)
From the players angle, the perks of bitcoin casino online are over and above the usual type. The first one - you don't get to share your wins. Bitcoin casinos charge no transaction fees. This being said, bitcoin is not dependent on external regulators.
The cash outs are instant. In an online casino where you pay in national or international currency, payouts can take weeks. In the best case scenario, if there are no questions about the client, and the system works properly, the cache is carried out during the day.
Besides, users who make these transactions stay completely anonymous. Your gambling activities don’t show up on your bank statements - instead, they get encrypted in the virtual ledger.
The final solid advantage is that providers can’t wait to present players with Bitcoin casino bonus codes for paying with Bitcoin for the first time. So, don’t hesitate to try your luck and feel the benefits of Bitcoin online casino with the top 10 leaders in the industry!
- Support of leading software companies
- Speed of transactions
- Enhanced security due to Blockchain technology
- Exclusive casino bonuses
- High volatility of Bitcoin price
- Not many users have crypto assets
How we rate bitcoin casino sites?
Before we get down to writing our Bitcoin casino reviews, we conduct a profound check of every website that we recommend or not recommend. We do all that to see to it that you trust your valuable coins only to the top-rated and trusted casinos. We are especially concerned about the following:
- Security of transactions. Only casinos with the most high quality Bitcoin casino software can guarantee a top level security for your funds. We check the cybersecurity measures that every given casino undertakes as well as the presence of required anti-virus and security badges on the website of the provider.
- Transaction speed. It is all about comfort these days, and gambling is not an exclusion. We understand that winners want their money right here right now - not a problem for BTC online casino. The faster the depositing and withdrawal occur, the higher the website is in our Bitcoin casino list.
- Bonuses and offers for first-timers. How to tell the best online Bitcoin casino from a mediocre one? Of course, by the kind of kick-start it is ready to organize for you as a new bitcoin payer. We rate highly Bitcoin casino with free spins and not so highly those without them.
- Choice of games. Bitcoin or any other option to pay with - it does not matter much. The main thing is that you have an endless list of games to play. Blackjack, Roulette, Slots, Sic Bo or any other game should not be problem.
- Quality of support. Every service or organization that has to deal with money needs to put the support of their customers as a priority task. Any legal Bitcoin casino will make a gigantic effort to grant users an immense support 24 hours a day, all year round.
These are primary, yet not all the factors that are included into our rating. Casinority experts do take into account real user feedback and reviews for even more objective representation of casinos. Who, if not a player, is the best judge?
This way, you can be certain that you won’t get disappointed with our selection of the best BTC casino. We made sure that you will receive:
- Instant deposits and cashouts (< 24 hours )
- Full anonymity
- No transaction fees to pay
- Plenty of bonuses to receive from online Bitcoin casino!
Now that we’ve established the full list of reasons for playing with Bitcoin, let’s move on to more concrete steps: how to make a deposit and/or a withdrawal through the Bitcoin account.
Deposits and Withdrawals at Bitcoin casinos
Supposing you are a lucky Bitcoin holder or you’ve recently become one. Congrats! Now, you need to tie your crypto wallet to a casino account, specifying it as your primary payment and withdrawal option. You may say, stop. Can we have a bit more details here? Indeed, let’s make it step by step.
Step 1. Decide where you are going to store your Bitcoins. The choice is actually pretty great: starting with online and desktop wallets and ending with physical storages for BTC. The latter is necessary if you have a pretty great amount of them.
Step 2. Pick one casino that you have the most faith in. Each provider that you can see at the top of this page is a great Bitcoin casino with instant withdrawal.
Step 3. Open a free casino account and set up a payment method. Choose Bitcoin from the list and enter all the necessary details. Once your information is validated, you can proceed with making your first transaction.
The withdrawal is even easier. However, you should pay attention to the distinction between bonus cash and cash that you can withdraw. Some casinos take time to verify the transaction but, as we said, cashing out Bitcoin from online casino should not take more than 24 hours.
Setup a bitcoin account
- Get registered with the casino using your real name and banking details (crypto wallet.)
- Set BTC as your primary method of payment (and withdrawal if possible.)
- Make your first transaction having waited for verification of your identity. You can as well set up a secondary payment option in case you need any.
Does not sound too complicated, does it? Still, many users tend to get confused when a provider requests additional documents or delays a withdrawal. In the next two sections, we’ll provide a super detailed description of step-by-step deposit and withdrawal operations for BTC.
How to deposit into your casino account?
Step 1. Find your login details and enter your personal casino account. If you are a newly registered user, make sure you keep the password in a safe place.
Step 2. Enter the cashier section.
Step 3. Choose the payment method you want to make a deposit with.
Step 4. Enter the payment details of your cryptowallet.
Step 5. Specify in numerical values how much you want to have on your playable balance. The best thing about crypto is that depositing is interest-free, i.e. you insert $500 and the very same amount you can see deposited.
How to withdrawal your winnings?
It is relatively simple with withdrawing money yet not too simple. Surely, the best option in any case would be to choose an online bitcoin casino with instant withdrawal since it grants the waiting time of 24 hours max. Even though BTC is considered the swiftest method when it comes to withdrawal, delays still may occur. It is especially inconvenient if you need money right here and now and all you get are some lame excuses. In order to do everything properly and eliminate the chances of the security guards to spoil all the fun, make sure you have nothing to fault you about.
Step 1: Make sure you are not trying to cash out playable cash i.e. unwagered bonuses. As a rule, a cashier should have separate accounts for the balance that you can only play with and the balance that you are allowed to cash out.
Step 2: Decide whether you want to withdraw back to the bitcoin wallet or via another withdrawal method. In this case, you need to have an alternative option set up beforehand.
Step 3: Learn about withdrawal limits of your casino. Usually, the amount is defined based on the two factors: the max sum they can afford to give to you per one withdrawal and the amount defined as “not more than” and a percentage of the sum you deposited. Usually, the allowed amount is around $4,000 per week.
We also recommend to familiarize yourself with terms and conditions that 99% users tend to neglect with. Yet, the greater share of problems that you can run across and the resolutions, of course, are all described there.
So far, not a single payment method that would be safer and more reliable than bitcoin has been made. And all this is due to the Blockchain - a technology, which has been A-listed by the leading developers in various spheres of science, business, and technology. We can sing praises to high-promising blockchain, yet, the total crush is the anonymity that it guarantees.
With the best online BTC casino by your side, you won’t have to let the world know about your gambling hobby. Unlike the usual methods that leave the mark on your banking statement one way or another, blockchain keeps your transactions in a separate ledger with thousands of other users.
Besides, you can as well deposit and withdraw from mobile bitcoin casino. Of course, not all providers have a well-developed mobile versions but the good ones do.
Other Coins like Bitcoin
Crypto gambling cannot be all about Bitcoin, can it? It is not, still, it kinda is. There are plenty of other cryptocurrencies out there, some we don’t even know of. However, the problem with the lion’s share of those is that they are not liquid, at least, not liquid enough to gain the trust of the general public.
Secondly, not too many casinos offer the possibility to pay with other coins, even Bitcoin is still a novelty for many.
Nevertheless, some exclusive casinos do allow to deposit several kinds of crypto coins. The most popular ones are Litecoin, Ethereum, Binance Coin, Dash, Monero, Bitcoin Cash, etc.
a BTC successor that is considered an improved version of the latter.
a blockchain-based platform mainly used for app development.
Bitcoin Cash (BCH)
another bitcoin creation that is becoming more popular with every day.
an exchange-oriented crypto.
an open-source cryptocurrency for the most secure transactions in the IOT.
No deposit bonus for bitcoin casinos
The best ever bonus for the majority of luck-seekers is the no-deposit bonus. These days you can find it offered by the majority of casinos that you come by – bitcoin casino dealers are not an exception. How to find out whether or not you can fish out for a tasty no deposit at any given casino? Pretty easy, in fact.
First off, they will most likely boast about it on the home page. Like, “We’ve got a no deposit, isn’t it what you’ve been looking for? Come on in!” If that wasn’t there, must be they have more seductive bonus to advertise while leaving a poor little no deposit behind.
In this case, go to bonuses section and check out all those that are available and that are currently obtainable. There has to be at least one bonus of no deposit type.
What features are to look for when choosing a no deposit bonus in a casino?
1 – it has to be freed from hated-by-everyone wagering requirements - is the golden rule of a perfect bonus of all times. What that means? You can take your bonus, start playing with it right away and be able to withdraw it when you want and via any banking method you want. Still, it all cannot be that easy in real world. Some restrictions or requirements definitely will be present.
2 – it has to be more than a bare minimum. Truth be told, no deposits won’t allow you to stuff your pockets with money like, say, a match bonus. However, it is a great starting point, especially for the newcomers who aren’t sure they want to put their real money yet.
3 – it has to have minimum restrictions. If there are no wagering requirements there has to be something else. What would that be in the case of online bitcoin casino? Various limitations on withdrawal amounts and frequency that casinos protect their funds with. It is like, yes, they gave you the no-wager bonus but you still do not have the full freedom to dispose it as you want.
Casinority has come across hundreds of no deposit bonuses, the most widely met of which are ‘free spins’ for playing slots. This is also the fairest kind of bonus since users get it in the form of a playable balance that they don’t have a seduction to cash out right away. We recommend to have no doubts about whether or not to play with it. Free spins are genuinely safe and money-winning, allowing you to try the taste of fortune-making before you get to risking with money of your own.
Software of Bitcoin Casinos
Very often, casino observers don’t seem to attribute much importance to who powers any particular casino. By ‘who’ we mean the team of experts that developed and implemented software that currently powers casinos. This is a cornerstone of gaming, because it would have been impossible without it.
We know for sure that reading random player feedback on Reddit might be helpful, however, why not check who’s behind the scene? If the software provider is a worldwide renown and powers dozens of A-class casinos worldwide, it surely is an indicator of casino’s security and reliability.
Using a bitcoin casino makes it no different – a good soft is a must. Besides, remember that by depositing and withdrawing with BTC you fully rely on online security system, so you need to be sure that money won’t get stuck halfway to your casino account like a water in a clogged faucet.
Microgaming, Net Ent and PlayTech are the most trusted and time tested casino software providers so far.
Bitcoin casino compatibility with mobile devices
Has the new trend reached the mobile world so far? It surely has, and we are now lucky to enjoy depositing, withdrawing and checking the BTC balance from phone. The statistics says that mobile phone owners increasingly find it more comfortable and relaxing to gamble from phone than PC or laptop. It is even more true about slots lovers – they would always look for casino Apps that allow them play real pokies from anywhere.
The only thing left to worry about is whether your local/national government is okay with crypto gambling or not. As a case in point, the US authorities are virtually divided in half concerning this matter. Which is why we can see some states on the USA being totally friendly about gambling with bitcoin, while others not so much. In Australia or Canada, the situation is generally more relaxed – they don’t have laws that prohibit crypto gambling.
No matter where you live, there can be no objections to you, as an individual player, as long as your chosen provider has license and pays their tax well.