Top Bitcoin Casinos

Since the global Bitcoin market exploded in 2017, you’ll be hard-pressed to find someone who doesn’t know about the benefits of this revolutionary cryptocurrency. Thanks to its decentralised setup, Bitcoin is free from the influences of governments or organisations. This means that its value stays the same for everyone no matter where you are in the world, while also keeping your identity completely hidden. Want to know more? Then you’ve come to the right place. 

Bitcoin Explained

The cryptocurrency, based on blockchain technology and created by the mysterious Satoshi Nakamoto, has gone from strength to strength since the first block was mined and traded in 2009. More people around the world are aware of the benefits of the cryptocurrency following its exponential boom a few years ago and, as such, more and more industries have invested heavily in it. One such industry that has taken a keen interest in it is the online casino industry, with more and more sites accepting it as a valid form of payment. It may not be as widely accepted as other more established methods, but its popularity amongst people from all walks of life cannot be denied.

Advantages of Using Bitcoin

Bitcoin is used the world over in a variety of different industries. But what does it offer to the modern casino player? Let’s have a look.

• Private Payments
  A huge advantage to Bitcoin is that your identity is always hidden. Each transaction is verified when you log on to your wallet, and can even be verified a second time through two-factor authentication. What this ultimately means is that your personal information is never shared throughout the transaction process. And even though each user of the cryptocurrency has an individual Bitcoin address, it can’t be used to reveal your identity.
• Universal Currency
  Perhaps the biggest selling point to using Bitcoin is that its value remains the same for everyone, no matter where you are in the world. With no central government or organisation controlling the currency, the inconvenience and added expenditure of differing exchange rates are now a thing of the past.

• Pay and Play on Mobile
  What with the rapid development of mobile casino apps in recent years, you’ll be pleased to hear that a whole range of Bitcoin wallets can be used via your mobile phone. As such, you can manage your Bitcoin balance and enjoy some of the best online casino games right from the palm of your hand. 

Disadvantages of Using Bitcoin 

While the positives of Bitcoin are significant and well-known, it is worth knowing that there are some downsides. For starters, you won’t find the cryptocurrency offered at online casinos as widely as other payment methods like e-wallets or debit cards. As such, your choice of casino will be more limited if you’ve got your heart set on using Bitcoin. Secondly, the price of Bitcoin can change drastically at a moment’s notice. The lack of centralisation may be good for anonymity and a universal currency, but it’s not so good for maintaining a consistent price. Finally, should you run into an issue with Bitcoin, you probably won’t find any customer service like you would with an e-wallet such as PayPal, although your Bitcoin wallet provider may be able to assist.

Your Guide on How to Deposit and Withdraw with Bitcoin 

While getting started with a new and unregulated currency may sound daunting, the process of setting yourself up with Bitcoin and trading with the cryptocurrency is in fact relatively easy.

Boost Your Bankroll

For some players, the welcome bonus on offer at a particular site can often define the experience. That’s why it’s always best to know what sort of bonuses are out there and what you’re signing up for when you’ve found one you like. 

Matched Deposits 

You’ll find these bonuses at a lot of online casinos and they can often be great value for money. When you make your first deposit at a site, the casino will match that amount up to a certain percentage, which will often look something like ‘100% match up to £100’. These bonus funds available will be limited to a certain amount, however, and will come with wagering requirements attached that prevent an immediate withdrawal.

Free Spins 

If slots are your game, then free spins are the bonus for you. These are another common bonus and will often come bundled together with other bonuses, like a matched deposit. Just like other promotions, there are usually wagering requirements to fulfil.

No Wagering Bonuses

You’ve guessed it — these are bonuses that come with no wagering requirements so you can withdraw any winnings straight away. Of course, that means they’re typically much smaller in size — say 10 or 20 free spins worth 10p each — and may come with more restrictive T&Cs. 

Bitcoin on the Go

Playing at your favourite Bitcoin casino on your mobile is now easier than it’s ever been before. The best online casinos offer native apps for a seamless mobile gambling experience, delivering faster loading times and bespoke interfaces. Casinos without a native app can still be accessed via the mobile browser too, where you’ll find most of the features and benefits of the desktop site.

Give a New Casino a Try

New casinos nowadays pack a lot more punch than you might think. Established sites may be the most obvious choice, but brands fresh on the scene also have plenty to offer. From player-friendly bonuses to some pretty unique features, new casino sites do a multitude of things in order to stand out from the crowd and attract new players — so you certainly wouldn’t be wrong to try our list of the best new casinos out there right now. 

Alternatives to Bitcoin

While Bitcoin does have a lot to offer, there are other payment methods out there that serve a selection of different purposes.

PayPal

PayPal is one of the most popular and widely trusted e-wallets available today. Chances are you’ve used PayPal before — and with good reason. Payouts are often processed instantly, which is typically much quicker than debit cards, while two-factor authentication will keep your transactions completely safe. 

Skrill

Skrill is an e-wallet that has been at the forefront of the industry, having started operating way back in 2001. Transactions are protected by industry-standard encryption software and are processed within a matter of hours. And what’s more, you can even claim a prepaid Skrill Mastercard. You will find, however, that some casinos exclude Skrill from their promotions, meaning you’ll have to use an alternative payment method should you want to get your hands on the welcome bonus. 

Neteller

Neteller is another e-wallet. It’s very similar to Skrill — in fact both are owned by the same company. Quick transaction times and industry-standard encryption are the key benefits to this hugely popular e-wallet, while the ability to keep your personal financial information separate from your chosen casino is another. You may find that some bonuses exclude Neteller from qualifying deposits, so we highly recommend you check out the terms and conditions before you claim.

Paysafecard

If it’s security you’re after, then you’ve come to the right place with Paysafecard. A Paysafecard is a prepaid card that you can buy via the internet or over the counter. You can even buy one with cash, meaning there’s no need to share your bank details with anyone. It’s a very widely accepted deposit method at online casinos, although there is a major drawback — you won’t be able to withdraw any money with it. As such, you’ll need to use an alternative payment method if you want to get your hands on your funds. 

Pay by Phone Bill

A payment method that is fast growing in popularity is paying by phone. Services like Boku allow you to pay for your casino play by sticking the cost of your various deposits on the end of your phone bill. There’s no need to share your financial information either, with each transaction confirmed by you upon the receipt of a text code. Much like the Paysafecard, however, you will not be able to withdraw any funds using services like Boku. What’s more, there are fairly strict deposit limits in place of around £30 per day due to government legislation.

How to Stay Safe Using Bitcoin

Playing at a UKGC-licensed casino is one of the best ways you can guarantee your safety when you play at an online casino. Their regular vetting of casino sites and gaming software ensure that you’ll always be secure. But, because Bitcoin is decentralised by its very nature and acts with no oversight from a governing body, there are extra steps you can take to keep you and your financial information safe. 

Use Two-Factor Authentication

Using Bitcoin requires a crypto wallet, and these services support two-factor authentication (2FA for short). Enabling 2FA means that you’ll have to prove your identity with every transaction you make using your Bitcoin wallet. But this is not as arduous as it sounds. It’s usually done by entering a code received via SMS or from an authentication app on your phone.

Beware of Phishing

Another great safety tip when using Bitcoin online is to stay wary against phishing attempts. Phishing is when a third party claims to be someone they’re not via email or text in an attempt to gain access to your personal information. As such, if you receive any form of communication from someone claiming to be from your Bitcoin wallet provider, you should never open any links they send nor share any personal login information. What’s more, any suspicious activity should be reported to your Bitcoin wallet provider. 

Compare Bitcoin Casinos and Sign Up

Now you’re fully up to speed on Bitcoin casinos and what they can offer, all that’s left to do is compare sites and sign up. Use our list at the top of this page to see what welcome offers are available, or click through to read in-depth reviews from our experts. Once you’re ready, head over to the site and sign up to claim your welcome bonus.