Best Bitcoin Casinos | BTC Online Casino Sites

At first, we had the ‘fast food’ age, which saw a turnaround in the manner in which humankind consumed, and prepared its food. As far as food production and consumption goes, ‘fast’ does not necessarily mean better. Unfortunately, it caused a myriad of health issues such as obesity, diabetes, heart problems, high blood pressure, and numerous other ills.

The 21st century saw the rise of another ‘fast’ technological phenomenon called Blockchain, which gave rise to Bitcoin. This superb piece of decentralized virtual currency introduced to the world in 2008 by Satoshi Nakamoto, gave average Joe and Jolene a voice again. Thanks to Bitcoin, people can now transact without the need for banks. It was not until 2011 that this peer-to-peer virtual currency really started gaining momentum.

Ordinary folk no longer saw Bitcoin as a ‘fly-by-night’ scheme, and it forever changed how we purchased goods and services.

We have heard it all before; “Bitcoin is a bad store of value,” “Bitcoin is slow,” and “Bitcoin is not accepted everywhere.” Bitcoin has been whipped by people for almost 10 years. Despite all this, the cryptocurrency is still going strong, and its software is continuously improving. The last time we checked, its store of value is better, it’s faster and accepted in more places than ever before.

“Bitcoin does not carry the costs of local currencies (such as exchange fees and international transfer fees), it can be transmitted faster across borders.”

When the Unlawful Internet Gambling Enforcement Act (UIGEA) was signed off by the U.S. Government in 2006, it had a severe impact on the online casino industry. The UIGEA prohibited financial institutions in the United States from processing credit or debit card payments to and from online casinos.

Technically speaking the industry hit a wall. As such, many of the most prominent electronic payment processors like Neteller and PayPal flocked to green pastures abroad. This, in return, left a massive void in the industry. Millions of gamblers were left with minimal options to fund their casino accounts. Enter Bitcoin.

So, why Bitcoin? Let us put it this way; why not Bitcoin?. This cryptocurrency has no affiliation with banks or any government. Players can play at online casinos or sports betting sites with Bitcoin even if they reside in jurisdictions where gambling online is outlawed. Depositing and withdrawing Bitcoin from any casino is fast, free, and it can be converted into fiat currencies (Euros, U.S. Dollars, Australian Dollars, and British Pounds).

A fundamental feature of Bitcoin payments is that they cannot be confiscated. They are entirely transparent because every transaction that is made remains on the Blockchain. Unlike fiat currencies, this puts the player firmly in the saddle. In general, citizens do not know how much money their governments print every day, or how much money traditional banks make, or brokers. Where is the transparency now?

Bitcoin deposits at online casinos give players a degree of anonymity as only an email address is required. Essentially it weeds out the need to provide sensitive player information like financial, or a residential address. This, in itself, makes Bitcoin a winner.

The lobby of 24kCasino a top rated online Bitcoin Casino which you can play with BTC or convert to fiat currency and access even more games

The Basics of Bitcoin Online Casinos

USA Bitcoin casinos now list an excellent variety of instant play and downloadable games with Bitcoin as a deposit and withdrawal method. Games are divided into RealTime Gaming, Saucify, Betsoft, and Rival software which can be accessed from P.C. desktops, or handheld devices (iOS, Androids, and tablets). Each software providers’ suite of games consists of slot machines, table games (blackjack, craps, roulette, baccarat, Pai Gow Poker), Live Casino, bingo, keno, and scratch cards.

Bitcoin’s popularity really took off in 2014 because thousands of businesses saw its value and how fast payments were made online. To get hold of bitcoins, the user must first register a Bitcoin wallet.

The wallet can be installed onto your phone by downloading the Bitcoin company’s app (2-way password authentication), or it can be installed on your desktop computer. The most popular Bitcoin wallets are Coinbase, Binance, Luno, Xapo, Electrum, and Trezor. Once you have registered a wallet account, you can purchase bitcoins with a credit or debit card. Just for interest sake, people also ‘mine’ bitcoins to boost their income.

To do so, they will need a powerful computer and graphics card. But this can be a very costly endeavor and takes some tech know-how.

Personally, we think it is better just to exchange your hard-earned cash for bitcoins. When you credit or withdraw Bitcoin from your online casino account, no fees are charged. The user can see every transaction that has been made on the Blockchain, and sensitive banking or personal information is not shared.

“Bitcoin is decentralized – No one controls Bitcoin or can change Bitcoin’s design without consensus of the network. This lack of centralization creates a more aligned incentive system that is likely to lead to increased global equality over time. Bitcoin is transparent.”

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Pros of Bitcoin

• Ever heard about ‘financial freedom’? This is precisely what Bitcoin gives you. You can decide how much money (bitcoins) you want to deposit at the casino without being concerned about security, or any government intervention.
• No fees are charged for Bitcoin transactions.
• Online casinos clear Bitcoin cashouts fast.

Cons of Bitcoin

• While Bitcoin in itself does not pose a problem. The online casinos that accept it can have a poor reputation by not paying player wins, or uses pirated software.
• Before you sign up at a Bitcoin Casino, make sure it is a legitimate operation with a proven track record.
• Certain online casinos do not accept Bitcoin as a banking method.
• Bitcoin payments cannot be reversed.

Bitcoin Casinos Licensing

Because Bitcoin is an independent cryptocurrency that is not regulated by banks or governments, you don’t need a license to trade with it. However, Bitcoin wallets that transact with bitcoins must be controlled by the countries they serve from. To operate within the rule of law, casinos must adhere to the following guidelines:

• Their software must be tested for randomness by TST (Technical Systems Testing).
• They must be licensed by the Curacao Gambling Board, Isle of Man, or the Kahnawake jurisdiction. Or, they must operate from Costa Rica and Panama.
• Only licensed operators are permitted to process Bitcoin payments online. However, since Bitcoin is a peer-to-peer currency, online casinos don’t need a gambling license to trade with it.

If I Gamble With Bitcoin, Can I Be Prosecuted?

Not a chance. We have not heard of any case where a player has been prosecuted by any authority for playing at a casino with Bitcoin. America’s Federal government cannot stop players from gambling at sites that offer Bitcoin as payment or withdrawal methods. It can prosecute players under the age of 21 who gamble online, or who disregard state laws, and players who do not pay tax on their Bitcoin winnings.

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How Do I To Pick A Legitimate Bitcoin Casino?

The first thing that a player wants to talk about is the convenience of it all. Will you shop at a store if it does not offer you a large variety of goods or services? No, you won’t! The same situation applies to a Bitcoin Casino.

Customers must be able to pick and choose from a robust library of games powered by certified software houses like RTG, Betsoft, Rival, and Saucify. New players must qualify automatically for a welcome bonus package with Free Spins on deposit with amicable bonus terms to play the best 3D slots.

The casino must run daily and weekly promotions where players can earn extra complimentary points that they can exchange for real cash. Withdrawals must be cleared within a few hours up to 7 days. It MUST have a loyalty program where extra perks are offered to VIPs.

Sensitive player information such as banking and residential information must be protected by SSL (Secure Socket Layer) algorithms. The longer the operator has been in business, the more reputable it tends to be. Support must be available 24/7, must respond to all player emails/queries in a timely, and professional manner.

If the Bitcoin Casino ticks all the boxes as mentioned above, then you are in good hands.

How Do I Avoid Bitcoin Casinos That Are A Scam?

The easiest way is to do a quick search on Google. Type in the keywords ‘Scam Bitcoin Casinos’ on the search bar. Any site that has been flagged by any top casino guide, or by Affiliate Watchdog sites like Casinomeister.com and Affiliate Guard Dog will appear.

Have a quick look at the design and layout of the Bitcoin casino’s website. If it has that hastily thrown-together look and takes an eternity before it responds to a simple email query, then it is best to take your business elsewhere. Any operator that does not use SSL keys to protects sensitive client information, or does not use HTML5/Flash software should raise a red flag.

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What Bitcoin Casino Games Can I Play?

Actually pretty much all of them, the only thing that sets them apart is software provders but you can find all the follwing games in the best online bitcoin casinos.

Bitcoin Blackjack

Blackjack is a popular table game and hailed by many as one of the ‘Big Three.’ The other two are roulette and baccarat. The Bitcoin Casinos listed at Casinowhizz.com offers you a nice variety of blackjack games. Popular versions of the game are Multi-Hand Blackjack, Pontoon, and Double Exposure. They are played with 6 decks of cards, the dealer hits on a soft 17, Aces are split, and they offer a house edge of 1% or more.

Live dealer blackjack is trendy at the moment. Players can interact with the dealer, and they can place their bets in real-time thanks to Live webcam streaming. The realism is so genuine that you won’t even notice you’re playing blackjack online from the comfort of your own home.

If you are out sear

ching for a Bitcoin casino bonuses to play blackjack, we highly recommend Wild Casino. It offers a match bonus of 100% up to $1,000 to play blackjack. Before you can claim the bonus, you must make the minimum deposit of $50, and provide the code “TABLE100”. The terms associated with the bonus is 60x the deposit and bonus sum. You can only withdraw your winnings once you have completed the roll-over requirement.

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Bitcoin Roulette

Roulette is the casino table game of choice for regular depositors as well as high rollers, and can now be played at MYB Casino. It is a friendly USA-facing Bitcoin casino that runs on the Betsoft Mobile Casino browser-based platforms. The following Roulette variants are offered to Bitcoin depositors:

American Roulette. This version of roulette’s house edge is slightly higher. It is played on a wheel that has 38 slots, each with its own number. The numbers on the Roulette wheel vary from 1-36, 0, and 00.

European Roulette. This version is way more popular than American roulette because it only has 1 zero on the wheel. The single zero on the wheel reduces the house edge, which makes European roulette a less risky variant.

French Roulette. Its rules are similar to that of European Roulette. The only difference between them is that the La Partage rule is applied. This means that if you have placed a bet on even money, and the ball stops on zero, you’ll still receive half your bet. This bet reduces the house edge by half, which explains why French roulette is ideal for first-time players.

Bitcoin Casinos: Live Roulette

Live dealer roulette is streamed to your computer from a live studio that is either based somewhere in Europe or in Costa Rica. The wheel is fitted with various cameras that allow players to catch the action from multiple angles.

There is no random generator involved in live roulette. Just like live blackjack, bets occur in real-time. You can talk to the dealers through a text chat facility and to fellow players. Although you can hear and see the dealers, they cannot see you.

In-game play of Bitcoin Roulette played at the instant BTC deposit casino 24VIP Casino

What Is The Best Strategy When Playing Roulette at Bitcoin Casinos?

Experts agree that the Reverse Martingale betting strategy is the most beneficial when playing roulette:

• Play a game that has a high max bet and a small minimum.
• Make small bets on red or on black; 1-18, 19-36, even or odd.
• Bets must be kept on the same spot until you win.
• When you win, for the next round you should double your bet on the same spot.

What Is The Best Bitcoin-Paying Slots For Bitcoin Players?

Slot machines are and will always be popular at Bitcoin casinos for the simple reason they are fun. You do not have to keep track of everything. It boils down to one simple thing, and that is the turn of the reel and good old luck. Each site gives you a selection between 3,5 & 6 reel classics with 25 paylines, different coin bet options, slots with sharp graphics, arresting themes, pulsating audio tracks, and the ever-present progressive jackpots with 7-digit payouts!

The most prominent software providers available to the USA market are Betsoft, RTG, and Rival while NetEnt, Microgaming, iSoftBet, Play N’ Go, and Yggdrasil, service the U.K. and European markets. Betsoft and RTG slot machine games that come highly recommended by us are Max Quest: Book of Ra, and The Mariachi 5.

Each and every slot machine has its own unique theme, free spins, re-spins, the minimum and maximum bet per spin, scatters, volatility (low, medium, or high variance), RTPs (average return to player percentage), wilds, scatters, premium, and low-value symbols. Before you play, read the Paytable of the slot first.

The Paytable (Help Screen) informs you which symbol/s offer the biggest cash prizes, how to trigger the Free Spins, extra features provided in the Free Spins (sticky wilds, multipliers, wild reels), buy-in feature, mobile fidelity, and whether any free credits are given to play the game. Betsoft, RealTime Gaming, and Microgaming added a ‘Buy-In’ option to their high-resolution slots. It allows players to trigger the free spins feature immediately, but at a cost.

The RTP of slots can be anything from 93% to 97%. The higher the RTP, the less volatile it is, but there are exceptions to this rule. We have seen slot games where the RTPs are above 96%, yet they are crazy volatile.

For your big wins, seek out slot machines with progressive jackpots. The most popular ones are NetEnt’s Hall of Gods, RTG’s Aztec’s Millions, and Microgaming’s Mega Moolah.

How Are Progressive Jackpots Wins Paid at Bitcoin Casinos?

This depends on which Bitcoin Casino you play at. If the operator is licensed by the United Kingdom Gambling Commission (UKGC) or in Malta, then progressive wins are settled immediately. RTG and Betsoft progressive jackpot wins are restricted by the weekly withdrawal limits of their respective Bitcoin Casinos.

If the operator’s weekly limit is $10,000, and you win $50,000, then your wins will be paid out in weekly installments of $10,000. The same rule applies to non-progressive wins. The reason for this payment process (even Bitcoin’s) is because of legislation imposed by the U.S. government.

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Bitcoin Casinos For USA Players

Bitcoin and cryptocurrencies like Bitcoin Cash, Ethereum, Litecoin, XRP, and Dogecoin are the best payment options for players from America. Cryptocurrencies are cheap, and they enable instant cash deposits while withdrawals are processed within a few hours. Our same-day payout casinos for Bitcoin depositors are a cut above the rest.

Players receive massive bonuses on deposit, have integrated Sportsbetting, Racebook, Live Casino, rebates on losses, and they offer a ton of casino games (slots, table games, video poker, and specialty games).

Bitcoin Casinos For Australian Players

Based on a report from the BBC, more than 80% of Australia’s adult population engages in some form of gambling. Gambling plays a pivotal role in the daily lives of Australians. So much so, that roughly 4% play a pokie machine at least once a week. This is why the government stepped in to regulate land-based and Internet gambling. (https://www.gambling.com/au/laws/iga)

Through its Interactive Gambling Amendment Bill of 2016 (https://www.communications.gov.au/departmental-news/amendments-interactive-gambling-bill-passed), the Australian government came down hard on foreign-based operators that targeted Australian players. One can say it is a similar scenario to that of the U.S. online gambling market.

As a result, online casinos powered by Microgaming, Play N’ Go, Net Entertainment, Yggdrasil, Pragmatic Play, iSoftBet, and plenty of other software houses exited the market, and no longer accepted bets from Australian players. However, this does not stop Australian players from placing bets at Bitcoin Casinos powered by RTG, Betsoft, and Rival.

Players from Australia must use Bitcoin as a deposit and withdrawal method if they want to withdraw their winnings from the casino. Some casinos do not allow withdrawals through Bitcoin if players have used a different deposit option. When you request a Bitcoin withdrawal, make sure that you enter the proper details.

Unlike credit card payments that can be reversed, bitcoin transactions cannot be reversed once sent. Players are restricted by the casino’s withdrawal limits that range from AUD$2,500, AUD$5,000 to AUD$10,000. Bitcoin and other cryptocurrencies can be converted into British Pounds, US Dollars, Euros, and Australian Dollars.

How Does Bitcoin’s Future Look?

The question that organizations, regulators, and citizens across the globe are asking now is, “Why do we continue to trust a system that refuses to provide transparency?”

A key element about Bitcoin is that it does not need to replace the fiat monetary system. It is merely an alternative. As much as meditation is an alternative to benzo’s. Bitcoin gives citizens a concrete choice of what they can and cannot do with their own money, earnings, or winnings. It is a transaction or bartering opportunity that offers transparency, a deflationary system, is an uncensorable and non-seizable asset.

If you are a cryptocurrency news-follower, you know that there are many of them out there already with new ones popping up weekly. The race is on to see who the ultimate winner is going to be in terms of acceptance in the general establishment. It is the dot-com competition all over again. Exciting times ahead for us all, don’t you think?

Irrespective of who the winner is going to be, the naked truth is that cryptocurrencies are here to stay. New Zealand is now the first country that allowed its citizens’ salaries to be paid in Bitcoin. (https://www.businessinsider.co.za/new-zealand-legalizes-cryptocurrency-salaries-including-bitcoin-2019-8?r=US&IR=T) So, if you ask us, we’d say Bitcoin’s future looks pretty darn bright.

You can’t un-ring this bell.

How To Pick The Right Bitcoin Casino?

In summary. At this stage people are paying exorbitant fees to access their money. This is exactly the kind of problem that a peer-to-peer currency such as Bitcoin addresses. Transaction fees are vastly reduced by cutting out the middlemen like banks and check cashing stores. This is why Bitcoin is such a convenient deposit method to wager at online casinos.

Bitcoin is hailed as the Libertarian dream because the currency is independent from state control. No government can determine how many bitcoins are produced. The system regulates itself and considered the biggest power grab in modern financial history.

To be clear, the point of an independent digital money is not to avoid taxes. It’s about a currency that people can trust, that is convenient and one they can turn to in times of inflation. Bitcoin and many other cryptos are considered refuge currencies because of the current political and economical uncertainty that grips the global markets.