Bitcoin Casinos Online

The Full Bitcoin Casino Guide

Players from the United States & Australia now have very limited options to fund their casino accounts, luckily it’s a different story if you’re using Bitcoin.

Casinowhizz.com provides an in-depth guide about the various Bitcoin wallets be it from PC desktops or mobile phones, their pros and cons as well as deposits and cash outs. If you like gambling at online casinos using Bitcoin hopefully it addresses all your Bitcoin needs.

The casino sites that accept Bitcoin deposits are MYB Casino, Sloto Cash, Vegas Crest, Bitstarz and Casino Extreme. If you deposit any bitcoins to your casino account you can either wage play and win in bitcoins or convert U.S or Australian dollars automatically (Also Euros with Bitstarz Casino). You can start playing you favorite casino game right away. Should you request a BTC withdrawal, the dollars you’ve won will be converted to the current Bitcoin value-the coins you’ve won will then be transferred to the Bitcoin address you specified.

The digital currency can now be used to gamble online. This is why a Bitcoin wallet is a must, the good news is that there’s a bunch of wallets available to USA and Aussie customers. Although it sounds easy, choosing the best Bitcoin wallet is no walk in the park; it must ensure that the your coins are safe, must afford complete anonymity, cash outs must be fast and it must be open 24/7.

There are two different Bitcoin wallets: The first one affords the user absolute control. The second one is where a third party company is in control of your bitcoins. Essentially both Bitcoin wallets are good but each one has its pros and cons. The best wallets are the ones that gives the  gambler complete control over their bitcoins.

 

Which Wallets Are The Best Bitcoin Wallets For USA and Australian Players?

Online Bitcoin wallets regulated by the U.S government are Circle and Coinbase. The problem with these wallets is that your account can be closed/forfeited if the government detects you’ve been using it to wager at online casinos.

Online gambling is still a grey area in America, this is why it’s best to choose a wallet that does not require a KYC/AML procedure the best way is using your own wallet kept on your own device, desktop, tablet or smartphone. If you’re wondering why it allows you to gamble at sites without disclosing your identity. The three main wallets are Desktop, Mobile and Web. Since no third party censors your transactions they’re perfect for gambling online.

 

Desktop Wallets

Desktop wallets are okay but they’re not the best by a long shot because they’re prone to malware. They’re good if you have large amounts of bitcoins, we advise you to use it with caution.

 

Electrum Bitcoin Wallet (Free)

electrum btc walletElectrum is hands down the most popular bitcoin wallet for desktop junkies. Funds can be recovered through a secret phrase and your private keys are encrypted. In addition it offers No Lock-In, Proof Checking, Cold Storage, Add-Ons, Instant On and there are no downtimes which is great.

The only downside about Electrum is that it doesn’t have the easiest user interface, its verification process is extensive which makes it convenient to the tech-savvy bitcoin wallet user.

 

Coinbase

Players from the United States will be happy to know that Coinbase offers them the fastest and most convenient way to purchase bitcoins. Bitcoins can be bought through a debit or credit card, keep in mind that Coinbase charges a transaction fee of 3.99%.

You can also connect your Coinbase wallet to your bank account the fee that’s normally charged is 1.49% which is significantly lower than that of a credit card.

What’s Hot

  • Large amount of bitcoins can be purchased
  • First time buyers can get easy access
  • Credit/Debit card users have an ‘Instant Buy’ option
  • Withdrawals are cleared within minutes

What’s Not

  • Bitcoins purchased through bank transfer can take 5 days
  • Online gambling might pose a problem because Coinbase keeps track of how you spend your coins

 

Coinmama

bitcoins accepted at casinosPlayers from the United States can buy bitcoins through Coinmama with a credit or debit card. There’s a slight caveat though on every purchase a fee of 6% is charged. Should you buy less then $150 worth of bitcoins it’s not necessary to verify your identity making it a very convenient payment option for U.S players.

What’s Hot

  • Many countries accept it
  • Credit card users can buy a substantial amount of bitcoins
  • Broker has a proven track record
  • Withdrawals are almost instant

What’s Not

  • Debit/credit card amounts above $150 incur a fee of 6%

bitquick

BitQuick

BitQuick is one the fastest ways for bitcoin casino players from America to buy bitcoins. A wide range of offers are available at various prices, simply visit your bank by making a cash deposit into the seller’s account. It takes up to an hour before you receive your bitcoins.

What’s Hot

  • Excellent way to purchase bitcoins without hassle
  • Safer than other cash payment methods since cash is paid to a bank teller
  • Fast withdrawal timeframe

What’s Not

  • Buyers pay a 2% handling fee
  • Prices are volatile, can be higher or lower than the current Bitcoin price

local bitcoins

LocalBitcoins

LocalBitcoins is an escrow service that matches bitcoin buyers and sellers. A cash deposit is the most common form of payment. Users can state their payment option of choice.

Thanks to LocalBitcoins, Bitcoins are bought via an in-person meeting. It doesn’t matter from which country you’re from it’s considered one of the fastest and most private ways to buy bitcoins.

What’s Hot

  • Private, fast and convenient
  • No personal data is required thanks to in-person trades
  • A cash deposit makes bitcoin purchases quickly

What’s Not

  • Prone to scams
  • Difficult to buy large Bitcoin amounts
  • Prices tend to be higher than regular exchanges

 

Gemini

Based in New York, Gemini is a Bitcoin exchange company that services residents from the United States (most States), Canada, Japan, Singapore and South Korea. Players can transfer cash through wire transfer, ACH transfer or SEPA.

What’s Hot

  • Regulated exchange that’s trustworthy
  • Instant bitcoins purchase (can’t withdraw)
  • Very low fees

What’s Not

  • New buyers might get confused
  • Not available to all U.S States

bitstamp

Bitstamp

Bitstamp is hailed as the world’s best and largest Bitcoin exchange. Players can deposit through bank, international bank wire, SEPA and credit cards

What’s Hot

  • Established a proven track record
  • Fees can be as low as 0.1%
  • Large variety of deposit and cash out methods
  • Fair market rates offered
  • Wide range of altcoins
  • Cash outs cleared within 24 hours

What’s Hot

  • Been hacked before, funds should be stored for limited periods only
  • 8% Fee charged for small credit card purchases

 

itBit

itBit carries a legitimate license with the New York State Department of Financial Services. Customers can buy large amounts of Bitcoin (100 BTC plus) because it operates a global OTC trading desk. It services all the American states except Texas.

What’s Hot

  • Large amounts of bitcoins can be bought thanks to the OTC trading desk
  • Liquidity enables a free market rate
  • Very low fees that range from 0% to 0.2%
  • OTC brokering service fee is 0.1%

 What’s Not

  • Payment methods are restricted
  • Focuses mainly on traders
  • Privacy is not guaranteed because ID verification is required (not good for online gambling)

 

Kraken

Kraken has been in operation since 2013 making it the biggest Euro Bitcoin exchange. It supports players from the United States, Canada, Japan and from across the European continent. Bitcoins can be purchased via SEPA, bank wire, SWIFT and bank deposit (Japanese customers only).

What’s Hot

  • Trusted exchange that’s financially capable
  • Service fees range from 0.25% to 0.1%
  • Security very good
  • Transparent

What’s Not

  • No privacy ID verification needed (not good for gambling online)
  • Customer support not the best due to huge user volume

 

Bitifinex

Bitifinex is one of the largest Hong Kong Bitcoin exchanges in the world. Accounts can only be funded through bank wire while transaction fees can be as low as 0.1%.

Despite its solid reputation the company was hacked in August 2016 which resulted in users losing 30% of their funds. At this stage we won’t recommend it because the safety of your funds is not guaranteed.

What’s Hot

  • Low cash out fees
  • Here you can buy large amount of bitcoins
  • Supports altcoins
  • Cash outs are handled within 24 hours

What’s Not

  • Not secure
  • Only one payment option

 

Xapo

Based in Switzerland Xapo operates on a global Bitcoin stage. Users from all corners of the globe can purchase bitcoins through SWIFT transfer. In general fees are low but SWIFT transfers can incur huge fees. Players can apply for a Bitcoin-funded debit card which can be used to gamble online.

What’s Hot

  • Incorporated a vaulting service with a security invest of $20 million
  • Easy to use
  • Highly secure and low withdrawal fees charged
  • Cash outs are cleared within minutes

What’s Not

  • Has a wallet service that should not be used to store bitcoins
  • ID verification needed

 

Mobile Wallets (Best of the lot)

A mobile wallet has camera features that enables the user to scan the QR codes. As a result it makes it very easy for Bitcoin casino players to deposit and withdraw their funds without jotting down or copying the bitcoin address.

Smartphone wallets are safer too, the possibility of you having a virus or keylogger on your phone is pretty remote too. Bottom line is the security risk is not near as high as that of a desktop computer’s.

 

iPhone Wallets (AirBitz iTunes)

AirBitz is a widely used Bitcoin wallet that’s tailor made for iPhones. It offers the user encrypted and automated backups, personal information is encrypted and a decentralized user interface. Because it is easy to use it’s fast becoming one of the most popular bitcoin wallets to players who enjoy playing live dealer casino games, slots, poker, sports betting and progressive jackpots.

 

Android Wallets (Mycelium Google Play)

Mycelium is the premier bitcoin wallet for Android phone users. Within the apps it allows the user to set up Bit ID, HD, Single Address, Hardware and Watch only accounts.

Another top feature about Mycelium is that it incorporates the service of third parties like Coinapult, Trezor/Ledger, Cashila and Glidera-they permit users to purchase or sell bitcoin, pay their bills and they’re hedged against other fiat currencies and U.S dollar.
​​

Breadwallet iTunes (Free)

This is the most popular wallet for iPhone users. It’s an independent bitcoin client that’s not dependent on a server, as such it cannot be hacked by cyber thieves or be shut down. Players have access to their funds at all times and they have direct contact with the Bitcoin network.

Users can connect directly to the Bitcoin network because they run in SPV mode which allows for safer and faster transactions. The sole purpose of the Breadwallet is to ensure that users aren’t exploited by malware, theft, keychain, app sandboxing and code signatures. Research indicates that users now prefer to have Breadwallet on their iPhones.

 

Copay Google Play (Free)

Copay takes security to a new level since it protects a user’s funds with multiple signatures and manages shared funds between colleagues. Despite it being fitted out with more advanced features it’s easy to use making it ideal for users who just started using Bitcoin.

 

Windows Phone Wallets (Copay Windows)

When it comes to the Microsoft App Store the Copay Bitcoin Wallet is the only one that is available. It’s convenient because it can be used for managing funds with colleagues, alternative projects, it’s secure and it comes with a hierarchical deterministic address generation.

 

Blockchain.Info (Free)

If ever there’s a popular Bitcoin wallet this is it. Suppose one can’t argue with more than 7 million web wallet users. They like it because it’s easy to use, has incredible features that’s completely user-friendly with a strong emphasis on security and anonymity.

Your account stays under lock and key at all times thanks to a 2-factor authentication process that’s handled through an SMS (short message service) and Google Authenticator plus a key encryption.

Additional features are hierarchical deterministic address architecture, client side encryption, transaction free adjustment, login IP restriction, interoperability, second password protection, more than 25 languages are supported and supports 20 conversion rates.

 

Web Wallets

Web wallets is another Bitcoin wallet used by online bitcoin casino players across the globe. The reason why it is a winner it can be accessed from mobile phones, tablets and from PCs. Its service is quite similar to that of ‘Internet Banking’ which explains its popularity.

Further Reading
1. http://professionalrakeback.com/how-to-set-up-bitcoin-for-online-gambling

2. https://www.buybitcoinworldwide.com/united-states/

Bitcoin Casino Guide

MYB Casino

97.98% Payout
  • Top Rated Live Casino
  • Btcoin Accepted
  • USA/Australia Players Accepted
200% up to $600
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Compatible with:
Graphics - 94%
Gameplay - 95%
Bonuses - 99%
Value - 98%
Overall impression - 96%

Bitstarz

96.90% Payout
  • Bitcoin Accepted
  • Huge Library Of Games
  • Fast payouts
100% up to €500
Compatible with:
Graphics - 89%
Gameplay - 96%
Bonuses - 96%
Value - 83%
Overall impression - 91%

Playamo

97.47% Payout
  • Bitcoin Accepted
  • Aussie Players Accepted
  • Win A Ferrari
100% up to $300
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Compatible with:
Graphics - 94%
Gameplay - 97%
Bonuses - 100%
Value - 98%
Overall impression - 97%

Bob Casino

97.32% Payout
  • Bitcoin Accepted
  • Australian Players Accepted
  • Big Rewards!
100% up to €500
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Compatible with:
Graphics - 98%
Gameplay - 98%
Bonuses - 91%
Value - 81%
Overall impression - 92%

Casino Extreme

96.60% Payout
  • 20% Cash Back No Wagering
  • No Max Cash Out
  • Instant Payouts
330% up to $/€/Ƀ250
Compatible with:
Graphics - 96%
Gameplay - 95%
Bonuses - 96%
Value - 91%
Overall impression - 94%

Sloto Cash Casino

97.23% Payout
  • One of the highest rated Casinos
  • Massive amount of games
  • Big Bonuses with low playthrough
100% up to $7777
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Compatible with:
Graphics - 85%
Gameplay - 86%
Bonuses - 96%
Value - 97%
Overall impression - 91%

Vegas Crest Casino

97.21% Payout
  • Huge Bonus
  • Large Mobile Choice
  • Various Slot Brands
500% up to $/€/Ƀ2500
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Compatible with:
Graphics - 95%
Gameplay - 95%
Bonuses - 99%
Value - 83%
Overall impression - 93%

MyBookie Casino

97.69% Payout
  • USA Player Friendly
  • Live Casino
  • Bitcoin Accepted
100% up to $300
Compatible with:
Graphics - 95%
Gameplay - 95%
Bonuses - 92%
Value - 95%
Overall impression - 94%

Ignition Casino

97.89% Payout
  • Ultra High Payout Percentage
  • Bitcoin Accepted
  • US Player Friendly
100% up to $2000
Compatible with:
Graphics - 97%
Gameplay - 96%
Bonuses - 96%
Value - 95%
Overall impression - 96%

Raging Bull Casino

96.90% Payout
  • Free $65 No deposit or 350%
  • Latest Slots
  • Progressive Jackpots
350% up to $250
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Compatible with:
Graphics - 96%
Gameplay - 94%
Bonuses - 98%
Value - 86%
Overall impression - 93%

Grand Fortune Casino

96.90% Payout
  • Instant Payments
  • Free $35 balance with no deposit
  • Available on any device
250% up to €500
Compatible with:
Graphics - 72%
Gameplay - 66%
Bonuses - 74%
Value - 67%
Overall impression - 69%

Royal Ace Casino

96.32% Payout
  • US And Oz Players Accepted
  • Bitcoin Accepted
  • Big Bonuses
400% up to $4000
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Compatible with:
Graphics - 69%
Gameplay - 76%
Bonuses - 97%
Value - 70%
Overall impression - 78%

Slots Of Vegas

97.34% Payout
  • USA And Oz Players Accepted
  • Bitcoin Accepted
  • Live Chat 24/7
300% up to $2500
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Compatible with:
Graphics - 92%
Gameplay - 96%
Bonuses - 98%
Value - 83%
Overall impression - 92%

NetBet Casino

95.43% Payout
  • Rare Novomatic Slots
  • Multiple Languages
  • Mobile Optimized
100% up to €500
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Compatible with:
Graphics - 95%
Gameplay - 96%
Bonuses - 51%
Value - 94%
Overall impression - 84%