So, you decided you want to try your luck at a Bitcoin casino or gambling site. Good call!
Bitcoin casinos have been growing exponentially in the past few years and for a good reason. When you gamble with Bitcoin, you can enjoy better house edges, more data privacy, and unique bonuses… plus, the comfort of playing from anywhere in the world.
Not sure how to get started? We’re here to help – because we know it can be tricky! We tested all the top Bitcoin casinos for you to come up with our 2023 roundup of the best options.
Quick reminder: All casinos we feature on Casinos Blockchain get robust (like really, really robust) testing. We play with real money and go through three rounds of testers (everybody on our team pitches in) to get a comprehensive understanding of the experience. But, this is all still subjective – so, we encourage you to try out a few casinos for yourself to find the one you love best!
Top Bitcoin Casinos
Before we get into the nitty-gritties, here’s a sneak-peek roundup of what’s to come:
- BC.Game – best BTC casino overall; best games selection; best bonus
- Stake – best for Bitcoin sports betting; best for Australians
- Metaspins – best BTC casino rakeback
- Cloudbet – most well-established BTC casino
- True Flip – top BTC no deposit bonus
- mBit – best welcome bonus
- Bitstarz – top BTC and fiat-friendly casino
Now, let’s break down our testing process and why exactly we recommend each casino:
How we Choose the Best Bitcoin Casinos
There are several factors to consider when choosing which casinos are worthy of your money, especially if you’re playing with cryptocurrencies.
- Do they offer provably fair games?
- Are they available in your language?
- Are they a trustworthy casino?
- What bonuses do they offer so you can get more value for your money?
- Can you play anonymously?
Finding all this information can be a bit overwhelming.
That’s why we’re here.
We regularly assess the most popular Bitcoin casinos and rate them on key factors like game selection, bonuses, payment options, safety, and how helpful is their customer support.
We Don’t Just List Bitcoin Casinos: We Test Them
So, why should you trust our Bitcoin casino reviews? Because they’re based on experience – not just recycling old information. We’re constantly on the lookout for new Bitcoin casinos to keep our list fresh, and this is how we review them:
✔️ We create real accounts anonymously.
And not just one: several. Even though a single person writes most of our reviews, our entire team helps test the Bitcoin casinos. Why? Because we believe that all playing experiences are subjective, including those of seasoned reviewers such as ourselves.
✔️We deposit, using our own money.
Faucets and free bonuses are great, but there’s nothing like having something real at stake if you’re trying to evaluate a casino. We also look at the different deposit methods available and how fast and easy (or not) the whole process is. And, of course, we redeem deposit bonuses (if available) to understand if they are worth your time.
✔️ We play. We win. We lose.
When playtesting a casino, we try out as many games as possible. We accept our losses and rejoice with every winning spin or perfectly placed bet. Then, we try to withdraw our winnings.
Does the casino unnecessarily complicate the process? Do they hold our money? Are there any cumbersome wagering requirements? Our reviews find answers to these questions based on our real-life experiences.
✔️We evaluate Bitcoin compatibility.
For every coin-specific review, we make sure to look into compatibility specifics. Bitcoin players don’t look for the same things Ethereum online casino lovers or USDT gamblers do – so why should we? For our Bitcoin casino ranking, we gave extra points for providing live exchange rates on the website, generous BTC bonuses, and unique games.
We don’t want to be mean, but we also remove points if these things are lacking. For example, Crash is a game the Bitcoin gambling community loves. If it’s missing from a casino, is it really Bitcoin-friendly? Or, if it’s Bitcoin-friendly, is it worthy of a top BTC casinos list? Not on our watch.
✔️We talk to customer support.
Does the casino have a live chat? How many languages do they speak? Do they provide fast and relevant answers? When reviewing a casino, we chat with the customer support team looking for the answers to those questions. Why? Because they help us assess how professional, transparent, and trustworthy a blockchain casino is.
✔️ We look into the Bitcoin casino’s reputation.
Before signing off on any of our reviews, we lurk around on cryptocurrency forums looking for real player opinions. We also check what the competition says about them and read as many user reviews as possible. Even if our experience were positive, we would let you know if the consensus disagreed.
✔️We do local-specific tests.
Casinos have geo-restrictions. What works for Aussie players might not be an option in Canada. That’s why we also do local-specific testing. We fire up the VPNs and pack our virtual suitcases.
In local testing, we make sure the casino works in that country, that they don’t have self-exclusion criteria, and look for perks specific to that country. For example, TrueFlip has AUD jackpots, along with BTC. No wonder we ranked it as one of the best options for Aussies.
And there you have it – our Bitcoin casino testing strategy! What did we come up with? Here’s our selection of the best Bitcoin gambling sites available in the English-speaking world:
Best Bitcoin Casinos
BC.Game Casino
BC.Game is our #1 Bitcoin casino brand and it comes with multiple perks:
- Up to 5 BTC wins on the daily wheel spin (for free)
- Cryptocurrency exchange on the casino
- Low house edge and maximum RTP
- 100+ live tables and games from all major providers
- 20 provably fair games, developed in-house
- Social features like an active player chat and rewards for participating
And, now for the best part – BC.Game has an excellent bonus for new players!
You can get up to $27,000 as a welcome bonus with a generous match on your funds. Clearly, this is a lot more than other casinos offer, but the catch is it’s spread out through your first four deposits. We do expect BC.Game to offer even more lucrative bonuses in the future, but, at the time of writing, this is what their plan looks like:
And don’t even get us started on BC.Game’s phenomenal sportsbook. You’ll find competitive odds and an impressive range of betting markets. You can bet on popular sports like football, basketball, and baseball. Looking for something a bit more niche? BC.Game even offers Bitcoin floorball betting!
Stake Casino
Second on our list, Stake online casino comes with its unique set of advantages:
- Huge variety of casino games, including provably fair options
- Comprehensive sportsbook with major markets and eSports
- Transparency – you can see the house edge on all games so you can choose the most profitable one
- Exchange rate always visible on the website
Stake is also a great betting site for Canadians: its sportsbook features competitive odds for all the popular sports in Canada, including ice hockey, football, basketball, MMA, and Formula 1. Did the last point pique your interest? If so, you’ll be happy to know that Stake is one of our best sites for Formula 1 betting with Bitcoin. Even better, they’ve just partnered up with the fan-favorite F1 team, Alfa Romeo.
Speaking of partnerships, Stake is an official partner of UFC, and is one of the top sites for UFC crypto betting.
So, why do we rank it second? Stake isn’t without its cons:
❌ KYC required to play (no anonymity)
❌ No welcome bonus, although there is a weekly giveaway, community benefits, and money-back on sports betting
Metaspins
The newbie in our selection, Metaspins already impresses with unique perks. The newly-launched casino boasts advantages for players like:
- 100% deposit match up to 1 BTC as a welcome bonus
- Up to 60% rakeback for regulars (but you can easily work your way up)
- No wagering requirements on the rakeback
- Provably fair and blockchain-forward (a.k.a using trustworthy algorithms to ensure random numbers, boosting transparency)
The site is also Curaçao-licensed and well-secured, which is a must for all of our recommendations. Still, keep in mind this is a newer casino. As they accumulate a larger customer base, we’ll know more about their practices. So far, so good, but we’re not ready to give them number one yet – at least not until they prove themselves.
Honorable Mentions
While these casinos aren’t currently in our top three, we believe they deserve a special shout-out. We’ve been playing at these sites for a while now and know they’re trustworthy and high-quality. As new Bitcoin casinos pop up, we might (objectively) rank them higher. Still, we want to acknowledge the tried-and-trusted brands we love – and these are them:
Cloudbet
Cloudbet is also among our favorite Bitcoin casinos, coming with advantages like:
- Stellar reputation and years of experience
- Generous bonus scheme and promotions
- Excellent game selection and sportsbook
Still, we picked up some downsides:
❌ Less generous bonus scheme compared to new brands
❌ KYC required more often than other casinos ask for it
TrueFlip
True Flip‘s friendly penguin takes the next spot on the list. With a solid BTC bonus and a selection of exciting games, it’s one of our favorite online casinos overall.
Perks for Bitcoin lovers include:
- Up to 1 BTC welcome bonus + 150 free spins
- Weekly cashback
- 1600+ games, including True Flip’s own studio productions
- Amazing live game selection
- Laid back, fun vibe
However, even with the great BTC bonus, True Flip has some downsides:
❌ No provably fair games
❌ No VIP program
mBit
Another casino to try out when playing with Bitcoin is mBit. Backed by a parent company that owns 35 casinos and offers over 3,000 games, it’s safe to say they have the experience – and reputation.
mBit’s main perks for Bitcoin players include:
- 110% deposit match when you first join
- Up to 5 BTC for your welcome bonus (most casinos only offer up to 1 BTC)
- Generous VIP program and regular promos
- No transaction fees on deposits or withdrawals
Unfortunately, there are also some fairly significant downsides:
❌ No provably fair games
❌ Notable game providers missing – mBit doesn’t have Quickspin, NetEnt, or Yggdrasil
❌ KYC required so you’re not truly anonymous
BitStarz
Arguably one of the better Bitcoin casinos, BitStarz gets our seal of approval, especially for Canadian and Australian customers.
BitStarz perks include:
- 100% deposit bonus up to 1 BTC (and up to 5 BTC in overall bonuses)
- Convert BTC directly on the platform
- Industry awards and recognition – BitStarz is arguably one of the most popular online casinos
- Excellent game selection, including provably fair games
Sadly, even big-name brands aren’t immune from common casino pitfalls. BitStarz’s main downsides are:
❌ Not all games are crypto-friendly, so playing in Bitcoin limits you
❌ KYC before withdrawal, meaning limited anonymity – and potential to withhold earnings
❌ Customer complaints about missing payouts (from people who failed the KYC, so never provide incorrect information)
Even with these downsides, we can recommend BitStarz as a BTC-friendly casino. But, don’t be tempted to fake your location when registering. Bitcoin gambling might protect your anonymity when you play. When it’s withdrawal time, though, failing the KYC can get you in trouble.
Bitcoin Casino Bonuses
In most casinos that accept Bitcoins, you are entitled to bonuses the same way as playing with other currencies. Some casinos offer them for your first deposit alon, while others reward you for longer.
Let’s look at a real-life example: BC.Game’s welcome bonus of up to 27,000BCD (2 BTC in the current trading price!).
To unlock the BC dollars:
Unlock amount = wager amount * 1% * 20%
If you’re used to seeing welcome offers with plenty of zeros, the BCD offer looks more lucrative. However, 1 Bitcoin is worth thousands of dollars – and that’s why we like that BC.Game is offering both a BCD and a BTC offer.
By offering both cryptocurrencies and regular money (such as CAD) as payment methods often pack more value into the Bitcoin version of the bonus. Consequently, you get more out of your deposit if you choose to receive your bonus in BTC.
Do You Really Need One?
We know that welcome bonuses are one of the first things you look for in an online casino. But, here’s the thing:
2/3 top Bitcoin casinos don’t have a welcome bonus. BC.Game only started offering it recently – Stake and Metaspins don’t have it.
Why did we rank them so high, though? Because we think you don’t really need a deposit bonus. You can get better value – and better gameplay, at a no-bonus casino. We evaluate casinos on the experience they provide to players. Ultimately, we found Stake and Metaspins to provide a better experience – that’s why we ranked them.
No Welcome Bonus? No Problem.
No Welcome Bonus casinos can provide better value and experience!
Stake Casino
Stake lacks a welcome bonus, but offers promos like:
- Weekly giveaway for a chance to win $50,000 every Saturday
- Top-notch VIP program
- Racing promotions where you win for playing against friends
- Telegram joining perks
- Regular promos and special offers – for example, triple winnings on MMA legend Israel Adesanya’s games
Once again, Stake focuses on player experience and community. We love that approach because it shows they value customers and reward regulars. Plus, the programs offer more value than the typical welcome bonus anyway. Win-win in our book!
Metaspins
Metaspins also doesn’t have a welcome bonus, but it has a unique (and very juicy) other promo:
Rakeback awesomeness
Metaspins gives you up to 57% rakeback with no wagering limits!
This is a huge deal for high rollers and newbie players alike. With no rollover requirements, you can pocket the rakeback right away. And, since the amount is so high, your RTP comes up to unbelievably high amounts.
Yay rakebacks!
Top Bitcoin Casinos With a VIP Offer
Who wouldn’t want to be treated like a celebrity?
As a high-roller (or even just a regular player) at these casinos, you can enjoy some of the best VIP programs in the space:
1. Stake: Our Favorite Bitcoin Casino VIP Program
We love Stake for a number of reasons – the range of games, the top-notch sportsbook, and the sheer size of their community.
But, did you know they also have the best VIP program out of all crypto casinos we reviewed? Yup, they do.
The Stake VIP program is designed to keep you coming back for more. As you level up, you’ll get bigger and better bonuses – along with a juict one-time bonus for hitting level milestones. You’ll also get additional monthly and weekly bonuses, which can really add up over time.
Plus, if you’re a high roller, Stake will even give you daily reload bonuses!
Finally, if you’re a top-tier member, they will tailor the VIP perks to what you need. Yes, you read that right. If there is any perk you’re missing, Stake will throw it in for you. Talk about a red-carpet-and-cold-champagne treatment!
2. BC.Game: The Quickest Way to Level Up
BC.Game is another excellent choice with a high-quality Bitcoin casino VIP program. One of the things we like most about their program is how quickly you can level up. For example, you only need to spend $200 to reach VIP 02 status. And, if you keep playing, you can reach the Silver level after just $5,000 spent.
As a VIP member, you’ll be able to deduct withdrawal fees using internal JB coins. You can also unlock the rakeback and a recharge bonuses at different levels and play for bigger wins on the daily wheel spin.
3. Cloudbet: The Most Flexible Bitcoin Casino VIP Program
Cloudbet has a different take on the VIP program – and we have to say, we’re impressed.
Rather than just handing out rewards willy-nilly, they’ve designed a loyalty where you collect Lighting points for each wager. Then, you can cash in these points to pick the rewards and perks you want. As you level up, you’ll collect more points from the same wagers.
As a high roller, you’ll be able to rack up the points faster and pick the rewards that suit you best. But, even lower-tier members get to choose from a range of bonuses and perks.
Overall, we think this is the most adjustable VIP program out of all the Bitcoin casinos we’ve reviewed. You can really make it your own – which is something we can all get behind.
Free Spins
If you’re wondering about free spins, you don’t need to worry. Most Bitcoin casinos offer free spins regularly and as part of their welcome offers.
When it comes to other casino bonuses and promotions, everything is business as usual when you use Bitcoin.
Bitcoin Gambling – Pros and Cons
When they first emerged, Bitcoin casinos were a bit of a novelty. To most gamblers, they were too niche.
However, they have become more established, with more and more players betting on Bitcoin as their currency of choice for gambling.
Bitcoin Gambling Is Growing
3.04 BTC are wagered every minute – and 319 bets accumulate every second.
As the world’s first and most prominent cryptocurrency, BTC isn’t hard to find at any modern online casino. Name recognition matters; Bitcoin is so mainstream, world-renowned payment providers such as Paypal now accept it as a currency.
But there is more to this coin than its name alone. There are plenty of other advantages to gambling with Bitcoin:
- Privacy – Bitcoin is decentralized an works without bank interference. This makes it much more private than fiat, since there is no middle-man with access to your data. You can protect your information further by playing at an anonymous BTC casino.
- Cheaper transactions – Bitcoin transactions are less expensive than fiat money (or other cryptos like Ethereum). Some casinos will still charge you for withdrawals, while others (like True Flip) don’t have transaction fees whatsoever.
- Lower house edges – since crypto transactions are cheaper, Bitcoin casinos have lower expenses. This allows them to maintain a much lower house edge (house edge is how the casino makes money) and increase the return-to-player.
- Unique games – Bitcoin casinos have introduced several one-of-a-kind games into the gambling world. Check out Crash and Plinko to get a taste!
- Better bonuses – Bitcoin bonuses are much more enticing than their fiat counterparts. For instance, casinos often offer a 1 BTC equivalent to their $1,000 bonuses.
- Investment opportunity – if you’re looking to gamble with Bitcoin, chances are you know at least a little about the currency. The crypto world is growing and BTC started it all. Using Bitcoin is a vote of trust in the currency and the larger crypto landscape. And, since the coin’s value has been increasing for the past few years, it’s also an opportunity to increase your earnings.
Even with all these perks, Bitcoin gambling isn’t without its downsides:
❌ Price fluctuations can put your money at risk. Large dips in BTC’s value are fairly common (though the coin bounces back up in the long run), so you could end up losing a portion of your wins.
❌ Know Your Customer checks or KYCs are identity verification procedures that most Bitcoin casinos have to run. This effectively erases your anonymity, but it is a guarantee of the casino’s reputation.
❌ Technical know-how – you need to set up a Bitcoin wallet, buy the coins on an exchange, make sure to protect your BTC (by safeguarding the passwords and seed phrases for example), etc. Crypto is growing in popularity, but this is still fairly new to many people. On top of all that, some online wallets don’t allow transactions to gambling sites, so make sure you read the T&C carefully.
Do we still think Bitcoin casinos are worth it? Absolutely.
Crypto gambling comes with unique perks and there are now plenty of safe, high-quality casinos. There are drawbacks, but we still believe that with responsible gambling BTC casinos are an awesome alternative to fiat-powered gambling.
Casino Games You Can Play With Bitcoin
As more people jump on the Bitcoin bandwagon, some casinos now only offer Bitcoin or other cryptos as a payment method, ignoring fiat currencies altogether!
While we generally prefer casinos that give you both options, this is good news. Why? Because it gives game developers an incentive to cater to the growing Bitcoin market.
Let’s break down the games you will find at crypto casinos:
Bitcoin Crash
Crash has quickly become a Bitcoin casino staple, with multiple variants popping up at all of our favorite sites.
This specialty game simulates the crypto market – where you can bet on a growing multiplier and stand a chance to win monumental amounts. Exciting is an understatement!
Our top two BTC casinos, BC.Game and Stake, even have their own original and provably fair crypto crash games that you can’t play anywhere else. Check them out:
Bitcoin Plinko
This gameshow-turned-crypto game of chance is another Bitcoin casino must-have. In Plinko, you’ll drop a ball down a pyramid of virtual pegs and if you’re lucky, it will land in the perfect slot (a.k.a the highest multiplier).
This game is perfect for low and high ballers alike, and you’ll find it at all the hottest crypto gambling sites. Our favorite Bitcoin Plinko game?
Stake’s original and provably fair Plinko title! Play it here:
Bitcoin Slots
Slot machines are one of the most popular casino games. They are simple to play and offer a lot of excitement and fun. Right now, all big providers like NetEnt, Quickspin, Microgaming, and others are available in many Bitcoin casinos.
Some of our top Bitcoin slot casinos include BC.Game and Stake (which has 2000+ slot options.) Find the best Bitcoin slots at:
Bitcoin Poker
Poker lover? Worry not, you’ll find plenty of virtual and live poker games on Bitcoin casinos.
We’re partial to Evolution Gaming’s live games and (thankfully) plenty of BTC casinos have them. If you’re looking for real poker though (where you play against other people), we’re yet to see that in a Bitcoin gambling website.
Find the top Bitcoin poker games at:
Bitcoin Blackjack
Unlike poker, blackjack is a game you don’t have to worry about when playing with Bitcoin. Since it’s one of the oldest and most popular casino games of all time, all respectable casinos offer at least a few versions of it – even live blackjack!
TrueFlip is our top pick for a Bitcoin blackjack casino. They have 90 different live games, plus plenty of virtual blackjack variations. Our top three Bitcoin blackjack casinos include:
Bitcoin Roulette
Like blackjack, the roulette is immensely popular among players, and a casino without it would be unfathomable. Almost all Bitcoin casinos offer at least one version of this glamorous game.
We’re huge fans of Evolution Gaming’s live tables – find them at True Flip, mBit, and BitStarz. If you prefer virtual roulette, we highly recommend BC.Game’s provably fair game.
The best Bitcoin roulette casinos include:
Provably Fair Games
How do you know an online casino is fair? Blockchain-based casinos and Bitcoin gambling sites have provably fair games, where you can verify the outcome wasn’t rigged.
Often, provably fair games were developed by the casino’s own team – BC.Game and Stake are well-known for this. Some of the provably fair options you can enjoy there include:
- Keno
- Slots
- Dice
- Sic-Bo
- Plinko
- Lottery
- Baccarat
- Crash
The best provably fair Bitcoin casinos include:
Bitcoin Casino Dapps
Surprisingly there aren’t that many casino Dapps to play with Bitcoin. This phenomenon is more prevalent among other cryptocurrencies like Tron. However, that doesn’t mean it’ll remain like this.
There is one Dapp that stands out from the rest: Earnbet.
Earnbet
Earnbet is a provably fair Dapp licensed by the government of Curaçao, which you can play using Bitcoin. It has a unique take on provable fairness.
Here’s how you know all games on Earnbet are fair:
- Earnbet is a blockchain-based app.
Every bet takes place on the blockchain – and it’s recorded there. - The games are based on smart contracts.
When you place a bet, the game outcome is calculated based on a cryptographic seed and signature.
The smart contract gets verified on the blockchain.
It’s cryptographically impossible to create a signature that doesn’t follow the smart contract rules. This means the casino can’t cheat. - The blockchain is publicly available.
Every wager ever placed on Earnbet is recorded on the blockchain. Since the ledger is public and the smart contract is open source, you can verify the fairness at any time.
Since all games are recorded, and it’s possible to trace back the game code, you can easily prove the fairness of every single game round. This “guaranteed fairness” is possible because decentralized applications like this one run entirely on the blockchain.
Earnbet’s downside:
❌ You won’t be able to play your favorite slots in this casino (yet).
Third-party provider partnerships wouldn’t have the same provable fairness. However, there are still six different games you can choose from, including usual classics such as dice, blackjack, baccarat, and roulette.
Even better, one of Earnbet’s most significant advantages is that you can win part of the house’s profits.
Every bet you place earns you BET tokens. As a token holder, every day you’ll receive a portion of the casino’s profits. You can claim your profits every month to generate passive income. And, as an extra perk, if you hold BET tokens (a.k.a., stake them), you are eligible for a reduced house edge. It’s like cashback on steroids!
No-KYC Bitcoin Casinos: Do They Exist?
While we’re on the topic of higher-privacy casinos, let’s tackle one of the most common questions we get is:
Do I really have to provide personal information to casinos?
Know-Your-Customer checks are mandatory for traditional online casinos – if they want to remain compliant with the gambling regulations of most countries. But what about crypto? For many, the cryptocurrency world is a safe heaven from invasive data harvesting.
Can Bitcoin casinos be the solution? Yes and no.
A regular online casino uses third-party payment processors to handle deposits and withdrawals. These include companies like Visa, Mastercard, and PayPal. All of these companies can ask for personal information from their customers. And, certain gambling regulators also require casinos to verify the identity of their players. So, there is no way around KYC for regular online casinos.
🤓 With Bitcoin casinos, you’re already one step ahead. Crypto payments can easily be semi-anonymous – a.k.a. your identity is not directly linked to your transaction, even if your public address is available on the blockchain.
Now, let’s talk about regulation:
Most Bitcoin casinos are licensed by the Curaçao eGaming Authority:
Curaçao does not require casinos to verify the identity of their players.
By default, Curaçao Bitcoin casinos are no-KYC.
However, some countries don’t recognize the Curaçao license – and Curaçao-backed casinos can’t legally operate there. U.S. players, for example, can’t play at BC.Game or Stake for that exact reason.
To avoid getting in trouble, the casinos still ask for your location and they may even do a full KYC for larger withdrawals.
So, while Curaçao-licensed casinos are technically no-KYC, most are not really anonymous.
If you’re apprehensive about your privacy, we recommend sticking to non-invasive KYC casinos instead. And, luckily, there are plenty of those around. Here are our top three favorites:
Deposits And Withdrawals
So, you want to play with Bitcoin. How do you go about depositing money?
Much like with fiat, it starts with your wallet. Popular cryptocurrency wallets include Coinbase, Electrum, and offline options like Trezor and Ledger. Metamask, which Ethereum fans love, doesn’t support Bitcoin.
- When you set up your wallet, you will get a password and seed phrase.
Keep them safe and don’t share them with anyone. With the seed, you can replicate the wallet – so, if a hacker gets it, they’re one step away from stealing your Bitcoin. - Then, you go to an exchange and buy Bitcoin.
Coinbase has its own exchange, which is great for beginners, but has higher fees. Binance is better but it also takes some time to get used to it. - Send your Bitcoin to the wallet.
Immediately after buying, transfer your funds. Exchanges are a major target for hackers, so it’s not a good idea to leave BTC on there. - Deposit into the Bitcoin casino.
Finally, open your casino account and you’ll find a deposit address. Make sure you Copy-Paste into the transaction field. Send BTC to the casino and wait for the blockchain to verify the operation. Soon, your money will appear.
Keep in mind that Bitcoin transactions should be verified by the blockchain. When you send your money, it goes into a block. Miners solve a complex equation that verifies the block and sends it to the public ledger.
The Bitcoin network can handle around 7 transactions per second, but that speed can vary. During busy times, your deposit can take some time to arrive. If you don’t immediately see the money in your account, don’t panic. Give the ledger some time to update – soon, your deposit will be ready.
Withdrawals
What happens when it’s time to cash out?
The casino will ask for your wallet address and send the money. But, there might be a hitch:
Some casinos do Know Your Customer (KYC) checks. Depending on their license, this might be a requirement – or simply a policy they’ve decided to implement. Either way, this means two things:
- You’re not 100% anonymous at all Bitcoin casinos.
- They could refuse the withdrawal if you provide false information.
Come again? They could decide not to pay you?!?
Not really.
You see, online casinos are restricted in some countries. Most websites will block traffic from these regions. Unfortunately, some don’t.
Let’s say you’re in a US state where online gambling is illegal. You don’t know that and still sign up at a Bitcoin casino. Come withdrawal time, the KYC doesn’t check out and the casino holds your funds. They’re well within their right to do that – but it doesn’t mean it’s not annoying.
To avoid issues like these always provide truthful information during signup and make sure you’re following local legislation. This way, the KYC can’t get in the way of your cashout.
You won’t need to go through ID verification with a casino Dapp, as most don’t have a license. We never recommend unlicensed casinos, but if you play at one, make sure the games are provably fair.
BITCOIN PAYMENTS
A key benefit of using Bitcoin in casinos are the cheaper deposits and withdrawals!
Are Bitcoin Casinos Legal?
Short answer: Yes, Bitcoin casinos are legal.
When Bitcoin first became known to the public, many raised concerns over its legality. After all, such a decentralized and anonymous currency could (and did) attract wrongdoers. So it’s normal to wonder if Bitcoin gambling sites themselves are legal, legitimate and safe.
At first, many unlicensed and illegal casinos popped up all over the internet. They accepted payments and then vanished into thin air, which was possible because, without a license, they were virtually untraceable.
This gave Bitcoin casinos somewhat of a bad reputation, but it also convinced legitimate businesses that they had to get regulated if they wanted to be taken seriously. Players also learned to only trust casinos with a reputable license.
What Makes a Bitcoin Casino Legal?
There are three main factors that affect Bitcoin casino legality:
- Licensing
Malta: Valid mostly throughout Europe.
Curaçao: Recognized across the globe.
These licenses assure a casino is trustworthy and verify the validity of game rounds and transactions. It is, therefore, safe and legal to play at this casino. - Local legislation
Even if the license is okay, your local laws might be against BTC gambling. Some countries have banned online gambling altogether, with or without Bitcoin and other cryptos. Others have state or city-level regulations that might make gambling legal or illegal.
Casinos often exclude players from countries with harsher gambling laws from registering or accessing their websites. In the end, however, it is up to you to know your local laws and if it’s legal or not for you to play at a Bitcoin casino. - Wallet restrictions
Finally, you should also ensure your crypto wallet supports Bitcoin payments to gambling websites. As we explain in our Coinbase casinos article, there’s always a risk of breaking the wallet’s terms and conditions.
What About Taxes?
Some countries recognize Bitcoin as a currency and others don’t, so you may have to pay taxes on your Bitcoin earnings depending on where you live. Your gambling winnings are not taxable in Canada, but other countries may have different rules.
Best Bitcoin Casinos by Location
Looking for a casino that is specifically awesome for players from your region? We have you covered!
BC.Game: Our Top Bitcoin Casino in Europe
BC.Game is one of the fastest-growing and most trusted Bitcoin casinos this year.
They offer a huge selection of games from the world’s best software providers along with a recently launched sportsbook. They’re also one of the few casinos that accept both cryptocurrency deposits (BTC, ETH, XRP, LTC, etc.) and NFTs.
You might remember they also have one of the top VIP programs. All in all, an excellent casino – and our top pick for European players.
Licensing Troubles: The Best Bitcoin Casinos in the US?
American players have one major hurdle to get over:
The U.S. doesn’t recognize the Curaçao license.
Will you get in trouble for playing at a Curaçao-backed casino? No, these laws target the casinos, not the players.
But can you get in trouble with the casino for breaking their Terms & Conditions? You bet.
This is why we don’t recommend playing at most crypto casinos if you’re based in the US.
But, there is one notable exception! Stake recently launched a US-friendly version of their casino and it complies with all local laws and regulations. That’s why it’s our number one casino in the States
Support the Aussies: The Number One BTC Casino in Australia
Australia might still have some legal hurdles to overcome when it comes to online gambling. But that hasn’t stopped Bitcoin casinos from growing steadily in the land of Oz.
And our top pick for the best BTC casino in Australia is Stake.
Why? Because it was started by a fellow Aussie (and has an Aussie-friendly version) and it’s one of the top-rated casinos on the planet.
The Cold Can’t Stop Them: The Best Bitcoin Casino in Canada Is…
You won’t be surprised one bit! Yup, it’s Stake casino again.
Stake simply has the best overall product when it comes to BTC gambling for Canadians.
Did we mention they’ve also partnered with Drake? Support your local (superstar) artists, right?
Care for a Cuppa… Casino? Best UK Bitcoin Casino
What about UK Bitcoin casinos? Yup, there are some solid ones out there – but, once again, our favorite option is Stake.
Final Thoughts
Bitcoin casinos offer an exciting and unique gambling experience, where players can enjoy a wide range of games while earning rewards. BTC comes with a bunch of perks for gamblers:
- Lower transaction fees save you money.
- Casinos offer lower house edges since their business costs are also lower.
- BTC payments are anonymous and secured by the blockchain.
- Crypto-unique games offer yet more ways to play.
As long as you’re smart about gambling, Bitcoin casinos can be a fun way to spend your time and money. Just be sure to do your research before choosing a casino to play at, and always remember to gamble responsibly.