Best Bitcoin Casino | Top Bitcoin Online Casinos 2018

The Bitcoin casinos listed by Casinowhizz.com have extensive game libraries that include slot machines, towering jackpots, video poker, live dealer casinos, mobile casino, poker, sports betting books, bingo, table games (blackjack, baccarat, craps and roulette) and scratch cards. They run on software platforms powered by Betsoft, Rival, Saucify and RealTime Gaming, plus each cryptocurrency casino offers first time depositors a welcome bonus package while loyal depositors receive perks that range from comps to rebate on their losses.

 

Why Online Casinos Use Bitcoin

The first two and a half years Bitcoin went from being an unknown cryptography to a niche online currency. In February 2010, BitcoinMarket.com was the first company that traded in Bitcoins. The abbreviation for Bitcoin is BTC. A single bitcoin is 1BTC. If you want to transfer bitcoins from your wallet to an online casino, you’ll need the operator’s public key.

The reason why sports betting sites and internet casinos prefer the digital currency; it’s safe and there are no bank costs involved unlike credit or debit cards. Bitcoins don’t have any ties to banks or governments because it is decentralized. In the past the U.S government froze player funds because they gambled at unregulated offshore casinos.

Thanks to Bitcoin, players now have complete control over their funds and it’s anonymous or to a degree at least. Bitcoin online casinos won’t even ask your name or address, just an email address.

For a small fee you can send and receive Bitcoins over the Internet in U.S Dollars, Euros or British Pounds. This could be done through web wallets. Before you can transact in Bitcoins you need a Bitcoin wallet.

There are two types:

• Software wallets. You must download the software on to your computer first. They are more secure than web wallets and cuts out any third party. We recommend Armory, Bitcoin and Multibit.
• Web wallets. It’s web-based and the most convenient of the two. However, I must warn you that it’s not as secure as Bitcoin wallets. Popular web wallets are Blockchain.info, BitGo and Binance.

 

What Exactly Is Bitcoin?

It’s a peer-to-peer electronic cash method that can be used to purchase goods online and it’s a payment system that’s based on trust. It allows any two parties to transact with each other without the need for a trusted third party (banks). It’s a popular payment method because there’s no government intervention.

We’re not going to discuss the origins of Bitcoin since it’s outside the scope of this article. One of the most important features about Bitcoin is that it’s decentralized with no central authority. It wasn’t long before online casinos saw its potential and started using bitcoin as a deposit method for players to gamble at casinos and sports books.

You can now purchase bitcoins with your credit card at any trusted vendor who trades with it. As more and more governments begin to regulate it we’re pretty confident that it’s going to grow bigger and bigger. There’s a host of different cryptocurrency wallets out there, if you’re not sure which one to use please visit our bitcoin casino guide.

 

How To Gamble Online With A Digital Currency?

Tens of thousands of players are using cryptocurrencies like Bitcoin and Litecoin as deposit and cash out methods at provably fair bitcoin casinos. Online casinos added Bitcoin to their payment systems because of its low withdrawal fees, security and anonymity.

 

How Bitcoin Transformed The World of Gambling

”Bitcoin ensures that all transactions are secure, withdrawals are cleared within minutes and there are virtually no costs involved.”

Compared to traditional payment methods, digital currencies ensures that withdrawals are cleared within in a jiffy, by this we mean within a couple of hours tops. Before you can deposit and wager online you need a bitcoin wallet. Credit cards, wire and Paypal usually charge a transaction fee of up to 15% if you request a withdrawal, with Bitcoin or Litecoin you’ll only pay 10 to 30 cents. The best bit about Bitcoin is that it does away with a third party payment processor.

Because of the United States’ stance towards online gambling, Bitcoin practically erases geographical boundaries, basically it’s the best thing to American players since sliced bread. One of the greatest perks Bitcoin casinos have in stored for players is that each game is fair because they use a Secure Hash Algorithm, SHA256. It’s a cryptographic has function used with great success by Bitcoin miners. Essentially this ensures that each game is completely random offering players a decent chance at winning.

 

What Is Provably Fair Gambling?

This type of gaming is mainly centered on the cryptographic hash function, practically speaking it’s an algorithm that creates an encrypted hash value against clients seeds and against the server. Provably fair gaming is determined through the following criteria: Once the random seed has been generated it is encrypted by the server into a hash code.

• The server’s hash code will then be sent to the player.
• The player will then slot in the random client seed.
• The seeds are then combined by means of an encrypted function.

You have to agree with us that the above mentioned sounds like the real deal, not so? The question is how does one really know if the casino hasn’t tampered with the results? Thing is you don’t but this is where the provably fair protocols really shows its value. To ensure that everything is above board you can use a hash calculator, it will help you with the SHA256 of the unhashed server seed.

Once you made sure that the same seed is used, you can use the provably fair verifier – keep in mind it’s a laborious process. The system generates a ‘Roll Number’ this enables players to verify that the roll of a dice is authentic and that there’s no tampering involved. Before you deposit at any Bitcoin Casino do your diligence on it quick just to make sure it’s safe to play at.

 

MYB Casino

Customers looking for lucrative bonuses with decent play-through, superb Betsoft instant play games, instant cash outs via Bitcoin, credit/debit cards, a decadent rewards program and various others will soon call this place home.

 

BitStarz

BitStarz Casino has been around the block a few times, it’s a cryptocurrency friendly operator that accepts Litecoin, Dogecoin, Etherium, Bitcoin Cash and Bitcoin making it the perfect site for any digital casino player. Oh, and did we say that it’s promotional offers, customer service, list of casino games and perks is one of the best!

 

Cherry Jackpot

As a relatively new casino, Cherry Jackpot acquired a sizeable portion of the USA online casino market and for good reason. With a respectable RTG (RealTime Gaming) suite of games, perks that rewards loyal game play and it accepts Bitcoin. Bitcoin transactions are cleared within 10 minutes plus all its games are provably fair.

 

Ignition Casino

Licensed by the Kahnawake Gaming Commission in Canada, Ignition Casino is synonymous with ‘Fair Play’ and it accepts U.S players. It offers a wide range of games from different vendors, supports Bitcoin payments, weekly promotions and a multi-tiered rewards program for loyal players.

 

Playamo

Playamo Casino is another multi-tiered trustworthy digital currency casino with more than 600 games in its tally. Its games are provably fair, its promotions are top-notch, its rewards program is one of the best no wonder it’s ‘The Best Way To Win’. Entertainment wise you’re in very good hands here.

 

Best Bitcoin Casino Sites

• MYB Casino – 200% Up to $600 or equivalent in BTC
• Bitstarz Casino – 5 BTC + 180 Free Spins
• Cherry Jackpot – 210% up to $21,000 in BTC
• Casino Max – 310% up to $9,100 in BTC
• Sloto Cash – 200% up $7,777 in BTC
• Playamo – 100% up to $300 in BTC + 200 Free Spins
• Bob Casino – 100% up to $500 or 0.5 BTC + Free Spins
• Xbet – 200% – up to $500 in BTC + 50 Free Spins
• Ignition Casino – 200% up to $3,000 for BTC Deposits
• My Bookie – 200% up to $600 in BTC

 

How To Pick The Right Bitcoin Casino?

Is the software Provably Fair?

This info can be found at the Bitcoin Casino’s website. If the operator does not list this info it’s best to take your business somewhere else. A top-notch provably fair casino will always list the relevant info.

Is it the bitcoin casino legal you’re about to play at?

Before you deposit and play make sure that the operator is licensed, all licensing information is displayed at the footer section of the site. When you click on it a small window pops up indicating the casino’s license number, address and jurisdiction it’s licensed in. Another way to to determine the legality of a site is to visit online casino forums such as Affiliate Guard Dog or Casinomeister.

Is It Important To Check An Operator’s Licensing Info?

Yes it is. Not all Bitcoin Casinos are legitimate because there’s a few very bad apples whose sole purpose is to dupe you. A few characteristics of these sites are they’re not licensed, they use pirated software, offer new and returning customers very few perks (or none at all) and they don’t pay winnings.

Is It Safe To Play At A Bitcoin Online Casino?

Once again this depends at which site you’re playing at since there are reputable sites and there are what we call malicious (rogue) sites. Most bitcoin operators run on provably fair software and they use highly encrypted SSL (Secure Socket Layer) software that ensures that client information remains under lock and key at all times. If you’re not sure about the site’s security, contact its customer support or you can start a thread at a well-known gambling forum (GPWA.com).

Do Bitcoins Casinos Accept Players From America?

There are many USA-facing Bitcoin Casinos that allows players to deposit and play in the digital currency. We’ve listed only the best USA sites where players can play unencumbered. Although they’re not licensed by a U.S state they are licensed in reputable jurisdictions where licensed operators pay their taxes. If you’re from the U.S you must be 21 years or older to play at them.

What Is The Smallest Deposit Amount?

When it comes to gambling online with bitcoins there is no minimum fee, the smallest unit used by Bitcoin casinos are Milli-bitcoin (mBTC). If you deposit 1 bitcoin it’s converted to 1,000 mBTC. Any amount can be deposited but some operators do impose limits on deposits.

Is There A Difference Between BTC, mBTC And uBTC?

BTC is the abbreviation for Bitcoin. A milli Bitcoin is the thousandth part of a BTC while mBTC is the millionth part of BTC or micro Bitcoin (uBTC). The latter unit is popular at bitcoin casinos. Other common units of Bitcoin are dBTC which is a tenth part of BTC. cBTC on the other hand is hundredth of a Bitcoin.

Is Responsible Gambling Important?

Only play at sites that has a Responsible Gambling policy on one of its web pages. On this page it tells players how to self-exclude and how to use its deposit and session limits.

Problem gamblers can contact Gamblers Anonymous which provides free counseling. Don’t gamble if you can’t afford it and never try and recoup your losses. If you had a bad session at the tables it’s best to cash out and to walk away.

Are Bitcoin Wagers Governed By A Blockchain?

No they are not, all the bets that have been made are recorded on the servers of the Bitcoin casino. Bitcoin as a currency is always on the BlockChain until the funds have been transferred to a casino. When you withdraw your winnings from the casino it’s goes back onto the BlockChain again.

Is It Legal To Gamble With Bitcoins?

Absolutely, it’s a decentralized currency that’s not regulated by any government and solely based on supply and demand. There are a few countries like the UK, Japan and South Korea that regulated it. The first UK online casino that accepted Bitcoin as a deposit method is NetBet Casino. Hopefully more countries will start regulating Bitcoin within the foreseeable future.

Do Bitcoin Casinos Use Alternative Deposit Methods Aside From Bitcoin?

At this specific juncture in time many of the best online casinos including BitStarz and MYB Casino give players the opportunity to deposit and withdraw their cash using LiteCoin, Ethereum, Dogecoin, PlayCoin, Dash, credit cards, wire and checks.

Does Gambling With Bitcoin Offer Anonymity?

Keep in mind that if you wager with Bitcoins it is not entirely 100% anonymous, it does offer you a padded layer of protection. Every single transaction that’s ever been made on the Bitcoin network is recorded on an open/public ledger on the blockchain.

As a result this allows anyone to see which transactions have been made by a person who used a wallet. With that being said, it doesn’t indicate the item purchased or to whom the address belongs to. Remember that the blockhain consists of numbers and strings of letters.

Will Bitcoin Replace Credit Cards In Future?

Credit card fraud is a huge problem online casinos have to deal with on a daily basis. There are so many players out there using stolen credit cards and it’s a laborious process to screen each transaction. With Bitcoin online casinos don’t have this risk.

Unlike credit cards, using bitcoins as a payment method only requires a few clicks, copy your digital wallet address, paste it and you’re good to go. As more online casinos accept Bitcoin it will hopefully snowball as time marches on.

Are Bitcoin Casinos Licensed?

Not every Bitcoin casino carries a legitimate license this is why it’s important to check the site’s licensing information which is normally situated at the footer. Luckily the majority of the casinos that accept bitcoin are licensed in top jurisdictions such as the UK (UKGC), Alderney and Curacao. You can find out more about a site by joining top online gambling forums such as GPWA or Affiliate Guard Dog.

Is It Safe To Play At A Bitcoin Online Casino?

Once again this depends at which site you’re playing at since there are reputable sites and there are what we call malicious (rogue) sites. Most bitcoin operators run on provably fair software and they use highly encrypted SSL (Secure Socket Layer) software that ensures that client information remains under lock and key at all times. If you’re not sure about the site’s security, contact its customer support or you can start a thread at a well-known gambling forum GPWA.com.

Do Bitcoins Casinos Accept Players From America?

There are many USA-facing Bitcoin Casinos that allows players to deposit and play in the digital currency. We’ve listed only the best USA sites where players can play unencumbered. Although they’re not licensed by a U.S state they are licensed in reputable jurisdictions where licensed operators pay their taxes. If you’re from the U.S you must be 21 years or older.

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.