The best known payment methods are the classics such as credit cards, but today there are cryptocurrencies to offer an alternative to players. Next, you will learn more about the most used: Bitcoin Casinos. Take note of what its maximum advantages and disadvantages are.
- List of the Best Bitcoin Casinos
- What do we rely on to make this list?
- What cryptocurrencies do these casinos accept?
- Advantages and Disadvantages of Bitcoin Casinos
- Casino Bonuses with Bitcoin
- The games available at casinos that accept Bitcoin
- How to use Bitcoin to deposit funds in an online casino?
- How to use Bitcoin?
- Bitcoin Casinos: Conclusion
List of the Best Bitcoin Casinos
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Since its inception, gambling has remained in the interest of the people. Its growth has always been constant, as well as its evolution, showing that the desire to gamble is always awake in us in one way or another. Some of the best online casinos allow you to bet or win bitcoin. So if you like the world of cryptocurrencies and the thrill of gambling, this guide is for you.
What do we rely on to make this list?
To prepare this list with the best Bitcoin and / or cryptocurrency casinos we are based on several main factors that we believe that every online casino must comply with:
- Casino size. It is important to be in a large casino that has many players and has a large income stream. New and small casinos can have short-term financial problems. Therefore, we believe that the safest option is to bet on a large casino with a certain track record.
- Customer Support. Customer care and live support is a very important aspect. Any doubt or question that the player has, should be resolved after a few minutes.
- License to operate. It is essential that the casino you choose has a valid license to operate. In this way, it ensures that the casino complies with all the rules and is fully regulated.
What cryptocurrencies do these casinos accept?
Without a doubt, Bitcoin is the best known and most used at cryptocurrency casinos, but there are many more with which you can deposit in this type of casino.
The list of allowed cryptocurrencies may vary depending on the casino. But the most used and most viewed cryptocurrencies are usually the following:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Bitcoin Cash (BCH)
- Tether (USDT)
- Dash (DASH)
- Monero (Monero)
- Litecoin Casinos
- Dogecoin Casinos
- Tron Casinos
- Ripple Casinos
As I say, these are just some of the cryptocurrencies available that are repeated the most in this type of casino. But depending on the casino you choose, this list may be much larger, I have come to see cryptocurrency casinos that accept more than 30 different cryptocurrencies in addition to those already mentioned above.
In any case, if the cryptocurrency you are looking for is not available, you will always have available the classic and usual methods of deposits in classic casinos such as credit or debit card and some electronic wallets.
Advantages and Disadvantages of Bitcoin Casinos
Like everything online casinos offer (such as bonuses and games), players should consider certain advantages and disadvantages when using this method. This is what you have to consider.
Did you know that you can get the welcome bonus offered by the casino and thus make risk-free bets? Well, it is one of the advantages that you will have when using Bitcoin in your transactions! The rest of the advantages are:
- Exclusive bonuses for players who use this method.
- A 100% safe system for online players.
- You will not have to pay commissions for payments and bets.
- Compatible with almost any currency in the world.
- Transactions that take just seconds.
With all these advantages that we have mentioned in the review, it is not surprising that more and more online casinos accept this alternative to the more traditional methods and even offer bonuses to get your attention.
As there is nothing perfect, there are some disadvantages when using this cryptocurrency in any of the online casinos that accept it. You also have to consider all this information. The disadvantages are:
- Its value is very volatile, so you could lose money.
- The ease of use is very relative, it could be complicated.
- It is not accepted in all online casinos.
You have to pay close attention to this, as there are payment methods that are easier to use and are accepted on many websites. Put the pros and cons on a scale!
Casino Bonuses with Bitcoin
All of us who have had any experience in online casinos know that bonuses and promotions are essential elements. These are giveaways from the operators that are meant to keep the audience excited. Used wisely, these offers can lead to prize enhancements. However, it is important to remember that the bonuses must be applied to a game strategy. This means that they should only be accepted when they are aligned with our betting expectations and our range of action. It is never a good idea to accept bonuses without thinking, as then you have to meet uncomfortable wagering requirements.
The wagering requirements represent the number of times the bonus value must be wagered to convert it into a credit balance. In other words, the bond itself does not represent own funds, but rather the possibility of acquiring them. Once the requirements are met, rollover is reached, and the balance can be transferable to Bitcoin or whatever payment method is being used.
In addition, there is a deadline to reach the rollover, that is, a maximum date to meet all the wagering requirements. This time usually varies between casino and casino, since each one presents bonuses of different amounts and conditions, but in general the term cannot be less than two weeks. All this information is detailed in the terms and conditions; We suggest you read them in detail.
Most Popular Bonuses at BTC Casinos
The most popular bonus is the welcome bonus, but there are many other categories. Here are the most common ones:
|Welcome bonuses||Offered after the first deposit. It allows you to explore the games and have a first approach to the casino|
|Deposit Bonuses||Offered after each new deposit.|
|No Deposit Bonuses||This is a rarity, as it allows you to play without spending any credit. Not usually available on a constant basis|
|Weekly or monthly bonuses||Every casino offers regular promotions to keep the enthusiasm going|
|Free spins||Allows you to play for free in slots|
|Reload Bonuses||Increase of between 25% and 50% of the deposit|
|Cashback bonuses||In case of losses, some casinos offer promotions to recover balance|
Latest Bitcoin Casinos with No Deposit Bonus
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The games available at casinos that accept Bitcoin
As we have already pointed out, the game catalog is one of the most important factors in determining the quality of an operator. The Bitcoin casinos listed in our ranking present the widest variety of options for the most popular games. The categories include all traditional games of chance, along with novelties that are unique to online platforms. As for the number of titles, in the best operators it can exceed a thousand.
The cryptocurrency betting pages have nothing to envy to the sites that use conventional money. Next we will review the most popular games. There’s a player for every title – keep exploring a variety until you find yours.
Slots, the most popular games
In casinos with digital currency, as well as in traditional ones, the game with the most users is the online slots. It is an extremely simple and entertaining entertainment, which allows you to earn money through a good time of fun. Its success in online casinos is due to its optimal adaptation to this modality, since it has always been an electronic game for a single user.
The variety of slot games that you can find in the best Bitcoin casinos is endless. There are titles with different amounts of reels, reels, and paylines, as well as different rules. Each slot has specific wild cards that will allow you to improve your chances of winning. This game does not require the development of strategies or requires deep concentration, but is a simple entertainment.
Jackpots with Bitcoin
In addition to the classic slots, there are titles that have a jackpot, that is, a progressive jackpot that continues to accumulate with each new bet. This sum grows until some lucky person obtains it through a random combination of winning results. It is usually a very large prize, but the chances of obtaining it are slim: that is why it is said that its volatility is low.
The jackpot prize is available in Bitcoin, even when the operator expresses it in conventional money. Some of the best slots on the market have very interesting cumulative jackpots. This works as an engine for motivation, which improves the gaming experience. In some cases, free spins are exempt from cumulative jackpot slots.
Roulette of all kinds
This game could not be missing in the best casinos on the market. It is an entertainment that represents the nature of chance. The ball spinning on the colored numbers is the living image of the bets through the centuries. All this means that the tour has a very rich tradition of strategies, such as the Martingale. According to this tactic, the bet must be wagered after each loss.
In the online mode, there is a very great diversity of roulettes. Our top Bitcoin casino pages offer varieties such as the French and the American, but also novel alternatives such as the Multi-wheel, in which the chances of winning prizes with each spin are increased.
This is the most popular card game on cryptocurrency sites. It is complex and exciting entertainment. In a way, it is the opposite of slots: here you have to develop a strategy in each game, you have to pay attention all the time and you cannot lose concentration.
The blackjack of the casinos in our ranking has the particularity of being the game with the highest RTP. This means that it is the category where the prizes will be proportionally higher. As for its rules, the most general is to add 21 with the cards. However, each variety of this game opens up a vast horizon of possibilities. Among the best known variants are the European and American.
Poker in all its dimensions
On the sites in our top you will also find numerous poker tables. This is a must-have game, as it is extremely popular all over the world. At the same time, it is almost an exception among casino games, as in poker, chance plays a secondary role compared to the skill of the player.
Thus, more experienced and practiced players will have better results in poker games. We recommend learning how to play poker well before you start betting seriously on it. Once you learn its tasks, you will discover a universe of fun.
Live games, also with Bitcoin
Live games are the hottest new addition to the gaming industry. They are only available in the best online casinos, that is why it is quite an achievement that they are present on the casino pages with Bitcoin. The particularity of these games is that there is a live dealer, with whom you can interact through the system.
The most common categories include blackjack, but the most popular game is roulette. In fact, there are more live roulette users than traditional ones.
How to use Bitcoin to deposit funds in an online casino?
More and more online casinos and bookmakers accept this payment method when depositing and withdrawing funds. It is a fast, safe and easy way to do it. To make a deposit in an online casino using Bitcoin, you will only have to follow the following steps:
- Login to the casino or bookmaker
- Go to the ‘Cashier’ section
- Select the Bitcoin payment method
- Enter your Bitcoin wallet
- Enter the casino address and the amount you want to deposit
- Confirm the operation
- Use your money to enjoy casino games!
How to use Bitcoin?
To start using Bitcoin, you must follow a series of steps and, above all, choose and take care of your wallet. It is a virtual currency, but we must keep it safe. The price of Bitcoin, both when paying or receiving money, can vary. Usually we will find pages that will offer information on how the change is in real time. At Casinova.org we show you the main steps to start using Bitcoins.
- Get informed. Before you start using Bitcoin, there are some guidelines that you should familiarize yourself with in order to use it safely and avoid common mistakes.
- Choose your wallet. You can use a Bitcoin wallet with your mobile device or have a wallet only for online payments from your computer.
- Get Bitcoins. You can get bitcoins by accepting them as payment for goods and services or by buying them from a friend or someone close to you. You can also buy them directly at an exchange house with your bank account.
- Spend the bitcoins. There are a growing number of online casinos accepting Bitcoin around the world. You can enjoy these casinos and use Bitcoin to pay for them.
How Bitcoin Works
Mining is the term for the work that is done to create a bitcoin. A bitcoin is created when the mining software solves an increasingly complex mathematical problem. When a bitcoin is created, it enters circulation and can be used in transactions or stored.
Want to know more about Bitcoin and how it works? read our article “This is how Bitcoin works“
A bitcoin is also be divided into smaller increments, called satoshis. There are 100 million satoshis to one bitcoin that can be used in transactions based on their market value. For example, if one bitcoin is worth $66,000, then one satoshi is worth $.00066. You’d need 1,515 satoshis to purchase an item that was $1.
Bitcoin is a fixed asset because there are only 21 million coins—there are nearly 19 million in circulation.Source: https://www.thebalance.com/is-bitcoin-a-commodity-4126544
One of the most interesting inventions that came with bitcoin is distributed ledger technology (DLT), also called the blockchain. DLT has amazing potential for businesses and consumers who need a secure way to record asset transactions. The blockchain cannot be edited by anyone, tracks ownership, and allows for immediate and efficient bitcoin transfers.
You can use bitcoin via computer, phone, or other devices to pay for items independent of banks or governmental authorities. For this reason, it is often stereotyped as being the currency used in black-market transactions. However, as the technology grows in popularity, mainstream retailers are beginning to adopt it as a means of payment.
Bitcoin does not flow through the traditional banking system; rather, it flows from one digital wallet to another. Bitcoin cannot be held or kept in a pocket or physical wallets like coins or paper currency; it is purely a computer-based means of exchange.
Common Bitcoin Restrictions
There are other countries that don’t completely ban cryptocurrencies but have restrictions that make it difficult for transactions to take place. For example, Qatar and Bahrain prohibit cryptocurrency locally, but citizens may transact in cryptocurrency outside their borders. Countries such as Bangladesh, Iran, Thailand, Lithuania, Lesotho, and Colombia indirectly prohibit cryptocurrency transactions by imposing restrictions on financial institutions that may facilitate them.
Do I Need to Pay Taxes on Bitcoin?
Bitcoin is viewed as property by the Internal Revenue Service. If you make a profit buying and selling, the IRS requires that you report it as a capital gain, similar to buying and selling other property.
Additionally, if you are paid in bitcoin for performing a service or selling a product, you are required to report income equivalent to the value of the amount of bitcoin you received at the time you received it.
International organizations against compulsive gambling
The best Bitcoin casino sites generally feature stamps from entities dedicated to the prevention of gambling. Among the most prestigious and popular agencies on gambling sites are GamCare and BeGambleAware. Both are British institutions dedicated to accompanying addiction victims, especially gambling.
It is also common to find the Gamblers Anonymous certificate, one of the groups with more experience in the field and with more prominence at the international level. This organization is dedicated to the social reintegration of people who have had problems in their relationship with gambling.
From our team we believe it is important to remember that betting should be a time of relaxation and fun, never a source of problems or stress. If you think that gambling is negatively affecting your relationship with others and with yourself, feel free to quit. There are other types of entertainment that will surely suit your personality better.
Bitcoin Casinos: Conclusion
As we have seen, operators that work with Bitcoin have nothing to envy to traditional online casinos. Cryptocurrencies propose a real advance in all areas of virtual transactions, since they are safe, practical and their value does not tend to depreciate. However, operators in this category have some bad points.
Frequently asked questions about Bitcoin Casinos
It is one of the most popular cryptocurrencies in the world, with which it is possible to make transactions on thousands of web pages without having to share your personal information because it works through a digital encryption system that keeps you away from potential dangers when playing In Internet.
First you must get the virtual wallet that seems best to you, the one that you understand more easily. Once this is done, you must buy the coins you want in some of the portals available at that time, which allow you to use different means of payment for transactions. When you go to make a move you must select your wallet and follow the necessary steps.
First of all, it should be mentioned that many online casinos offer exclusive bonuses and promotions just for using Bitcoins; In addition to this, transactions are made in just seconds, there are no commissions to pay, the user’s security is fully assured and it is available in all countries of the world.
Of course! Bitcoins are increasingly accepted in casinos of all kinds, so it will help you to enter a balance with which to make bets and play slots, poker and other games. In the same way, you will be able to withdraw the profits that you have obtained after having succeeded within the platform.
Currently we can say that you do not need to pay any commission when using Bitcoin as a payment method in Bitcoin casinos.
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