20+ Amazing Bitcoin Casino Statistics
Bitcoin casinos are one of the latest trends in the online gambling industry and may shape the future of online gambling as we know it.
With so many advantages over traditional casinos, such as faster payments, improved security, and better transparency, some of the best Bitcoin casinos in the market already have thousands of active players hailing from all corners of the world.
Curious to learn just how many people visit crypto casinos or what percent of Bitcoin transactions are gambling-related?
To answer that, we’ve prepared a handful of the latest Bitcoin casino statistics in 2024—you’ll learn how many crypto casinos are out there, how much Bitcoin have gamblers already wagered in, and more.
We’ll also take a closer look at the future of crypto gambling and answer a few frequently asked questions to cover everything else you need to know about Bitcoin casinos along the way.
Top Bitcoin Casino Statistics: Editor’s Choice
These are the most interesting Bitcoin gambling stats of the year. Don’t miss out:
- The global casino industry is worth nearly $305.8 billion in 2024!
- The crypto gambling market size is $250 million – a growing share of the $100.90billion iGaming industry!
- Over the years, 4% of all gambling has been with crypto but that percentage is fast increasing.
- Since 2014, players have wagered more than $4.5 billion in Bitcoin.
- Bitcoin accounted for 73.3% of all crypto gambling transactions in 2023.
- Crypto gamblers place 337 bets every single second.
- About 50% of all Bitcoin transactions are related to gambling.
- The most popular cryptocurrencies for gambling are Bitcoin and Ethereum.
- Crypto gamblers bet $3 million worth of crypto daily.
- Around 52% of crypto gamblers prefer slots.
Mind-blown yet? Let’s get in more detail!
The Gambling Industry Is Growing
Even though land-based casinos and casino resorts have suffered a major setback during the pandemic, the gambling industry as a whole continued to thrive as a good chunk of players transitioned to online gambling.
1. The global casino market is valued at $305.8 billion in 2024!
Gambling was one of the industries that did get impacted by the COVID-19 pandemic, only to recover stronger and grow faster in 2022 and 2023. The global casinos & online gambling market is valued by revenue at $305.8 billion in 2024.
The sector has grown faster than the economy overall and even with a looming recession is considered to be one of the safest investments, expected to increase by 4.7% in 2024.
2. The global online gambling market size will reach $100.90 billion in 2024.
(Statista)
This year, the global online gambling market size is projected to reach a revenue of US$100.90 billion.
This continued growth is largely due to more countries giving online gambling the green light. In addition, sports betting platforms are scoring big sponsorships from sports clubs, therefore attracting more players.
3. The US online gambling industry was valued at $9.5 billion in 2021.
(Statista)
This presents a small increase to the year prior when the market was valued at $8.7 billion. Based on the latest data, sports betting is the most popular type of online gambling in the US, followed by lottery draw.
Even though online casinos are increasing in popularity on a global level, it will undoubtedly take some time before online casinos become as popular in the US, considering that many states in the US are yet to legalize online casinos.
4. Approximately 20.5% of all gambling in Europe occurs offshore.
(Statista)
Gambling offshore is a common occurrence in Europe, especially in jurisdictions with limited options and where online gambling is illegal. Other reasons to gamble offshore include a better variety of games in offshore casinos, more markets to bet on, and more competitive odds, to name a few.
However, by the end of 2026, the European market share of offshore gambling is expected to decline by 11.4%, as more countries legalize online gambling.
5. Players place three times more bets using mobile devices than they do via desktop computers.
According to a report by SOFTSWISS, about 77.16% of all bets are placed via mobile devices, while only 22.64% of bets are placed via desktop computers. However, about 74.85% of all the money players wager comes from desktops, while only 25.07% comes from mobile devices.
In other words, an average mobile device gambler bets more frequently but places a lot of smaller bets.
6. Around 73.06% of all bets are placed by male gamblers.
In addition, female gamblers place 12.60% of all bets, while 14.34% of all bets are placed by those who identify as gender-neutral or did not disclose their gender.
When it comes to demographics, those in the 41-50 age group bet 64.23% of all the money players wagered in 2021, followed by the 31-40 age group with 18.81%. Interestingly, the same age group also bets most frequently—36.64% of all bets were placed by those in the 31-40 group, followed by 26.34% by those in the 41-50 age group.
7. In 2021, around 80% of all gambling in Sweden occurred online.
(Statista)
Out of all the people who gamble in Sweden, four out of five prefer to gamble online, according to Statista. The second country with the highest share of its gambling activity taking place online was Latvia, with 75%, and was followed by another Baltic country–Lithuania, with 67%.
Another Statista report sheds more light on Swedish gambling habits, revealing that in 2024, the average revenue per user in the online gambling market is expected to reach approximately $1,640.
8. Canada has more than 19.3 million active online gamblers.
According to Analytics Insight, Canada’s gambling industry generated around $2.64 billion in revenue in 2021, and more than $1.2 billion of that revenue came from online gambling. The report also states that Canadians spend more than $4 billion on offshore online gambling sites every single year, while they spend $16 billion at local casinos.
Who exactly gambles the most in Canada, you wonder? The latest demographics reveal that the majority of gamblers in Canada are aged 30-50. Interestingly, 56% of Canadian gamblers are male, and 43% are female.
9. Around 24% of adults in the UK gamble online.
Based on a survey by Yonder Consulting, one in four adults gambled online four weeks before responding to the survey back in 2020. This presents a significant increase compared to 2015 when only one in six (17%) of respondents reported gambling online before responding to the survey.
10. In 2023, the online gambling market in Japan reached $7.7 billion.
The IMARC Group expects that the market will reach $12.6 billion by 2032, attributing the increase to the rising popularity of virtual casinos and sports betting as the key growth factors.
Improvements in mobile accessibility and legalization of online gambling activities will also have a part to play, according to the report.
Crypto Gambling Is Gaining Traction
Crypto gambling is at the vanguard of the online gambling industry.
The latest Bitcoin gambling statistics show that the interest in crypto gambling is on the rise as players continue to choose cryptocurrencies for the many advantages coins like Bitcoin, Ethereum, and Litecoin offer over traditional fiat currencies.
11. The crypto gambling market has an estimated value of $250 million.
While it is virtually impossible to get the exact number, the value of the global crypto gambling market is estimated at a quarter of a billion, according to Crypto Wisser. Furthermore, the global crypto gambling market is projected to grow in value, as the number of hybrid casinos increases.
12. In August 2023, the number of crypto bets placed increased by 83.6% since the second half of 2022.
The latest data reveals that the number of crypto bets has soared by 83.6% since the second half of 2022 (this was measured in August 2023).
The bets also remained consistent at 29.5% of the total wagered amount in that six-month period – indicating a continued player interest in crypto betting, despite the many fluctuations in cryptocurrency rates.
13. In the first quarter of 2022, around 35.96% of all bets were placed using cryptocurrencies.
The latest statistics show that crypto gambling is on the rise since only 26.30% of all bets were placed with cryptocurrencies in Q1 of 2021. At the same time, the share of bets placed with fiat currencies dipped slightly from 73.7% in Q1 of 2021 to 64.04% in Q1 of 2022.
14. Roughly 50% of all Bitcoin transactions are gambling-related.
Even though Bitcoin is still far from mass adoption, more and more e-commerce websites are supporting cryptocurrencies as a payment method. You can use Bitcoin to buy real estate, cars, jewelry, NFTs, and even insurance. Despite all that, the biggest chunk of all Bitcoin transactions occurs in crypto casinos.
15. Between 2014 and 2017, players wagered $4.5 billion worth of Bitcoin.
Of course, that’s only based on the latest data available. In reality, the actual number might be significantly higher, especially if you take into consideration the recent growth of the crypto gambling industry and the massive boom the online gambling industry had during the pandemic.
16. Crypto casino gamblers wagered around 3.09 Bitcoin per minute in 2017.
Despite Bitcoin’s dominance, coins with higher volume and faster transaction speeds, like Ethereum and Litecoin, are becoming increasingly popular among crypto casino players.
However, just a few years back, Bitcoin was a go-to cryptocurrency for many crypto gamblers. In fact, in most cases, it was the only option available, so it shouldn’t come as a surprise that Bitcoin gamblers were placing as many as 337 bets every single second using Bitcoin.
17. In the first three quarters of 2023, 74.90% of all cryptocurrency bets were made with Bitcoin.
Bitcoin remains the most popular currency for gambling, with 74.90% of all crypto bets being made with BTC.
Next up in popularity is Ethereum, accounting for 8.9%, followed by Litecoin with 6%.
Tether and Dogecoin bring up the rear, accounting for 4.6% and 3% of all crypto bets placed, respectively.
These figures are in line with a recent survey we performed to better understand the habits of today’s gamblers.
18. There were 304 crypto casinos at the end of 2021.
(Bitrates)
Out of that number, around 30% of crypto casinos process payments exclusively in cryptocurrencies, while 70% are hybrid casinos and accept payments in both crypto and fiat currencies.
Interestingly, as much as 80% of crypto casinos conduct KYC checks. Granted, while most players find KYC checks to be an inconvenience, the good news is that the majority of casinos allow you to register with only an email and require KYC checks only when you request a large withdrawal.
19. Around 52% of crypto gamblers prefer slots to other games.
Results of a recent survey indicate that slots are the most popular crypto casino game, with 52% of respondents professing to prefer this genre.
28% of players chose roulette as their favorite.
Some more niche games selected include:
- Crash – 5.70%
- Plinko – 4.60%
- Baccarat – 4.50%
- Other (card games, lottery, sports) – 5.30%
20. About 77.6% of crypto casinos offer provably fair games.
(Bitrates)
Provably fair games add another layer of transparency to crypto casinos. Unlike traditional casino games, a provably fair game allows you to verify the result of each hand or round you play. Because of that, provably fair games are often a preferred choice among crypto gamblers who value transparency and security.
Bitcoin Casino Statistics: Final Thoughts
The online gambling industry is growing at a rapid pace, and it shows no indication of stopping any time soon. Based on the latest data, industry experts project the global online gambling industry will reach $153 billion by the end of 2030, growing at a CAGR of 11.7%.
The situation looks even more promising when it comes to crypto casinos. The number of players who bet with cryptocurrencies is continuously on the rise, and crypto casinos are growing in popularity due to the number of advantages and innovations crypto gambling sites have to offer over traditional ones.
In short, the future of crypto gambling is certainly exciting, and we’ll be sure to keep you updated with the latest details.