The Best Bitcoin Casinos Available Online – Updated for 2021.
After all, it’s always good to have an alternative way to deposit at your favourite platforms, and with some countries making it difficult to do this, a Bitcoin casino could provide a route towards participating in gaming for sports betting
players in such locations.
While cryptocurrency casinos have been available for a short while now, they’re still gaining traction, and it’s important to highlight these sites for anyone wanting to involve themselve in Bitcoin casino gaming. That’s why we’re here – to ensure that you know everything about Bitcoin gaming, the sites that provide it, their inbuilt features and where to find the very best Bitcoin casinos.
So, it may be poignant to first of all give you a bit of background detail on Bitcoin and other cryptocurrencies, as well as how we at Cryptsy proceed with reviewing the sites offering gaming possibilities. So, we’ll le you know precisely what we look for in online Bitcoin casinos, and what pros and cons they have etc.
What Is Bitcoin?
Bitcoin is the world’s most-known digital currency (or cryptocurrency, if you prefer). While other cryptocurrencies have become available in the proceeding years since its release, Bitcoin was the original, launching back in January of 2009. It became such a popular asset for people to own because it didn’t have any attachment to a central financial insitute. Unlike standard fiat currencies which are very much centralised by banks and sports betting the like, cryptocurrencies have a decentralised nature to them, meaning that they’re kept in check by computers on the network.
At the time that Bitcoin was launched, it was probably unclear as to how popular it would become. Yet, over the years, more and more people have chosen to purchase the digital currency in a bid to use it for buying items online, paying other people and today, even depositing at gaming sites and playing casino games online. There are various others perks to being in possession of a cryptocurrency and using it at an online casino, including the following facts:
It’s a lot safer than standard payment methods It provides instant transactions, both for depositing and withdrawing purposes Users are able to transact anonymously It provides players from restricted countries with the possibility of playing at online casinos Unlike standard currencies, Bitcoin is not subject to taxation for the moment.
Bitcoin transactions are verified by network nodes through cryptography and recorded in what is known as the blockchain – a public distributed ledger. Basically, people on the network will verify the transaction for you, rather than it going through a centralised financial institution. It is the simplicity and security that Bitcoin brings to users that have led to it becoming more and more available to use at online casino sites. Let’s take a closer look a those perks of using Bitcoin.
Safety and Security.
It’s always important for us, as gamers, to know that we’re not only playing in a safe environment, but that the casino is providing us with a provably fair setup, too. This doesn’t just mean provably fair games, but fairness when it comes to transactions, too. While a site’s licence status will dictate this partially, it’s also ideal to make use of Bitcoin for this, because it automatically provides you with a secure payment method to utilise. Each time you make a payment with the cryptocurrency, it promises to provide you with complete anonymity. Therefore, none of your personal details are displayed to the casino or any potential third party hackers. This is due to the fact that the only necessity for making a Bitcoin deposit is the address of the wallet that the funds are being sent to, rather than extra details such as those found with card and e-wallet deposits.
While in general, many payment methods will allow you to make a deposit straight away, when it comes to making withdrawals, there usually tends to be a longer waiting period. This is not the case with using Bitcoin. Instead, the funds will be transferred instantly to you when depositing and withdrawing. Generally speaking, all casino sites have a pending period for withdrawal requests to go through. Yet, once this has completed, it can take up to five days for standard card or bank transfer withdrawals to reach you. There won’t be any of that waiting around as far as a cryptocurrency is concerned.
Casino Bonus Offers.
For a long time, players from countries with strict gambling laws haven’t been able to register, deposit and claim special offers from casino sites. This is mainly due to the fact that the standard depositing methods are either blocked or banned entirely. Fortunately, with Bitcoin not having any attachment to a central financial institution, there’s little to stop it being used for online transactions of this nature. At the same time, many casino platforms that accept Bitcoin have also created specific bonus rewards for users of such. This works as quite the enticing perk when seeking out a new location to utilise your Bitcoin at, and it also ensures that digital currency users don’t miss out on receiving a deposit bonus, for example.
What is the Best Bitcoin Casino (and How Do We Find Them)?
There are various online casinos that accept Bitcoin transactions, and many of these could potentially be considered the best one. A Bitcoin casino that works ideally for one player may not necessarily provide the best experience for another. That’s why we have taken it upon ourselves to review such casino sites ourselves, bringing all the information to you, our visitors, right here. This way, you can browse through the reviews and locate the best Bitcoin casino for you.
So, what exactly do we seek out from online casinos offering Bitcoin deposits and withdrawals to their members. What makes them one of the best to access? Well, there are various features that we look out for when creating our reviews. These include making sure that the casino in question holds at least one respectable gambling licence to ensure safety, security and fairness is in operation. If a casino isn’t licensed, then it’s essentially able to do whatever it wants with your account details, the money you deposit and the withdrawals that you request. So, it’s vital for online casino us to ensure that you’re getting the safest Bitcoin casino gambling experience from the site that you sign up to and play at, with provably fair games. If a casino isn’t licensed and regulated, it’s probably a good idea to avoid it.
In addition to that, we want to make sure that you’re also getting your pick of the best games . It’s all fine and well signing up to an online casino because it caters to your Bitcoin depositing needs, but if that site doesn’t have a good selection of games within its lobby, the likelihood is that you’re going to get bored of playing the same thing over and over again. So, there needs to be a diverse game lobby in effect, providing slot games, video poker games, live casino options, blackjack, roulette and more. Diversity is the key word that needs to be put across here. There should be a range of games. Bitcoin gamers need just as much choice as players who utilise standard payment methods to fund their accounts. Fortunately, more and more software developers are now creating their titles so as to allow Bitcoin users to play games in the digital currency.
When we’re reviewing a Bitcoin casino, we also look out for sports betting how easy the process of withdrawing funds from your account is.
Some platforms can tend to stall on releasing money from your account, even though there’s clearly no reason for them to do so.