Bitcoin Gambling Sites Guide
Gamblers (especially in the United States) and gambling sites have become enamored of Bitcoin as a banking method recently.
In fact, we’d go so far as to say that Bitcoin is the best banking option available to players in the United States. But players from other countries shouldn’t discount Bitcoin, either.
| Rank | Gambling Site | Deposit Bonus | Get Started | |
| #1 |
BetUS Casino
|
250% Up To 5,000 USD | Visit Site | |
| #2 |
Wild Casino
|
200% Up To 5,000 USD | Visit Site | |
| #3 |
Super Slots
|
250% Up To 6,000 USD | Visit Site | |
| #4 |
BetOnline Sports
|
60% Up To 1,000 USD | Visit Site | |
| #5 |
SportsBetting.ag
|
100% Up To 1,000 USD | Visit Site | |
| #6 |
Bovada Casino
|
100% Up To 3,000 USD | Visit Site | |
| #7 |
Las Atlantis
|
280% Up To 14,000 USD | Visit Site | |
| #8 |
El Royale
|
240% Up To 2,500 USD | Visit Site | |
| #9 |
Red Dog Casino
|
225% Up To 8,000 USD | Visit Site | |
This guide is written for newcomers to the currency. It works differently from most other currencies, and this page explains the ins and outs.
But this page also caters to people who are already familiar with the currency and how it works.
For those users, we look at the best sites available to Bitcoin users, and we offer an analysis of the pros and cons of using it as an option.
You can click on the names of any of the sites we’ve listed below for detailed reviews of everything they offer. We’ve carefully vetted the sites listed on this page for integrity and fairness, so you can just click through directly to each site if you want to get started playing.
Top 10 Best Bitcoin Gambling Sites in USA
My experience comes from spending countless hours testing bitcoin gambling sites to find reliable platforms for US players. Cryptocurrency gambling sites give you faster payouts and better privacy than traditional casinos, but finding the right one isn't easy.
We've put together a list of the top 10 best bitcoin casino and betting sites for US players in 2025. This list comes from really looking at their security, games, and how fast they pay out. These sites shine because of their proven performance, reliable security systems, and huge selection of games.
The list includes everything from 5-year old names like BetOnline to new innovative platforms like BitStarz. Each bitcoin casino has passed our strict checks for proper licensing, fair gaming, and quality support. You'll find the perfect platform that matches your crypto gambling style.
1. BetOnline Casino
BetOnline Casino leads the pack as a pioneer in bitcoin gambling sites for seasoned crypto gamblers. The platform impresses users with its support for 16 different cryptocurrencies, making it one of the most versatile options available today.
BetOnline Bitcoin Gaming Features
My testing shows BetOnline delivers a detailed gaming package. The platform combines sports betting, horse racing, poker, and many casino games. Their early line releases and high betting limits stand out.
BetOnline Bonuses and Promotions
BetOnline's crypto-specific bonuses are worth checking out. New crypto users can get a 100% match with the code CRYPTO100, up to $1,000. You'll need a minimum deposit of $20, and there's a 14x rollover requirement. The platform rewards loyal players with a seven-tier VIP program that starts at Bronze and moves through Silver, Gold, Platinum, Diamond, Elite, and Black levels.
BetOnline Payment Methods
BetOnline handles payments quickly and reliably. Crypto withdrawals usually take just 30 minutes during business hours, though sometimes they might stretch to 2 hours. Players can use Bitcoin, Ethereum, Litecoin, Binance, Bitcoin Cash, Cardano, and Dogecoin. Crypto transactions don't have platform fees, but network fees still apply. Bitcoin users can withdraw between $20 and $100,000 per transaction.
2. BetUS Casino
The largest longitudinal study of bitcoin gambling sites brought me to BetUS Casino. This platform has built its reputation through exceptional service since 1994. Their steadfast dedication to cryptocurrency innovation and player security makes them stand out from competitors.
BetUS Game Selection
BetUS offers an impressive array of gaming options. My time on their platform revealed over 400 different titles. Players can enjoy live dealer games, progressive jackpots, and exclusive table games. Their virtual sports section grabbed my attention with round-the-clock betting opportunities that deliver instant results.
BetUS Crypto Bonuses
BetUS rewards cryptocurrency users generously. New crypto depositors can claim a substantial 250% welcome bonus up to $5,000. The platform provides reload bonuses between 50% and 150%, based on deposit amount and cryptocurrency type. Rollover requirements stay competitive within the industry, ranging from 30x to 40x.
BetUS Security Features
BetUS takes a comprehensive approach to security that impressed me deeply. The platform protects all transactions with 128-bit SSL encryption, which keeps both fiat and cryptocurrency transfers secure. Their Two-Factor Authentication (2FA) system adds crucial account protection that every serious bitcoin gambling site needs.
Advanced algorithms and strict verification protocols show BetUS's commitment to responsible gaming. These systems detect suspicious activities quickly. Their 24/7 customer support team responds fast through live chat, email, and phone support, deepening their commitment to player protection.
BetUS maintains compliance with international gaming standards as a regulated entity. Regular third-party audits verify their Random Number Generator (RNG) systems for fair play. Most cryptocurrency transactions complete within 15-30 minutes, making BetUS one of the most reliable bitcoin casino sites for US players.
3. Wild Casino
My recent evaluation shows Wild Casino as a standout platform for its exceptional cryptocurrency integration. This 2019-old platform has become a revolutionary force in the crypto gambling space faster than expected.
Wild Casino Bitcoin Gaming Options
Wild Casino excels with its complete gaming portfolio. The platform offers games ranging from traditional slots to live dealer experiences. The live casino section stands out as one of their best features and lets players interact with professional dealers in real-time. The gaming interface proved easy-to-use during my tests, which made the player's experience better.
Wild Casino Bitcoin Bonus Structure
Wild Casino's bonus structure gives players great value. New cryptocurrency players can get a huge welcome package with a 250% bonus up to $100,000 on their original deposit. Note that all bonuses have specific requirements - players need to meet a 30x rollover requirement on deposit plus bonus amounts. Regular players can claim a Tuesday top-up bonus up to three times with a minimum $50 deposit.
Wild Casino Banking Methods
Bitcoin proves to be their best deposit option based on my full picture. Most cryptocurrency transactions take just 15 minutes to process, but withdrawals might take up to 48 hours sometimes. Players can withdraw between $20 and $100,000. The platform's steadfast dedication to security impresses me - they use industry-leading measures to ensure 100% secure transactions. Players should know that withdrawal fees can change based on network congestion.
4. Super Slots Casino
I tested many bitcoin gambling sites and Super Slots Casino stands out with its exceptional mix of modern gaming technology and intuitive features. This casino is just a few years old in the crypto gambling space but has quickly become a strong competitor.
Super Slots Game Portfolio
I spent a lot of time learning about their massive game collection that creates an immersive gaming experience. The platform has state-of-the-art slot titles from leading software providers that create a diverse gaming environment. Their selection has progressive jackpot games with huge potential payouts. Professional croupiers run tables 24/7 in the live dealer section and offer an authentic casino atmosphere through HD streaming technology.
Super Slots Rewards Program
The rewards structure really caught my attention. The platform has a tiered VIP system that rewards loyal players. Players who deposit crypto for the first time get exclusive bonuses that beat traditional payment method offers. Their program stands out by mixing daily promotions with long-term loyalty benefits. You'll find cashback opportunities, personalized bonus offers, and special tournament entries - making it one of the most complete programs in the bitcoin casino world.
Super Slots Transaction Speed
Super Slots really shines when it comes to quick transactions. They use state-of-the-art blockchain technology for fast processing times. Cryptocurrency deposits show up in player accounts within minutes so you can start playing right away. They process withdrawals quickly too - great news for players who want fast access to their winnings. The platform supports multiple cryptocurrencies and keeps everything secure with advanced encryption protocols.
The sort of thing I love is their dedication to peak performance during busy times. They use advanced load-balancing technology to keep things running smooth whatever the user volume. Their crypto processing team works around the clock and helps with any transaction questions you might have.
5. BitStarz Casino
My deep dive into bitcoin gambling sites revealed BitStarz as a pioneer - the first multi-currency online casino that naturally combines traditional and cryptocurrency gaming. My hands-on experience shows how this innovative approach has changed the digital world of gambling.
BitStarz Gaming Experience
BitStarz's gaming collection impressed me with over 3,800 titles from more than 60 software providers. Their game selection covers everything from classic slots to live dealer experiences. The BitStarz Originals series caught my attention as it brings something unique to the table that you won't find anywhere else.
BitStarz Bonus Offerings
The welcome package here really caught my eye. New players can grab up to 5 BTC plus 180 free spins spread across their first four deposits. The tournament structure adds another exciting layer - there are ongoing competitions like Slot Wars with €5,000 plus 5,000 free spins in prizes. Table Wars sweetens the deal with €10,000 in rewards.
BitStarz Payment Solutions
My multiple transactions proved that BitStarz handles payments efficiently. Players can use ten different cryptocurrencies, plus major international currencies like USD, EUR, CAD, AUD, and NZD. The in-game currency conversion system stands out - you can deposit in crypto and play any fiat-only casino game without converting manually.
The speed of transactions really impressed me. Most withdrawals complete within 24 hours, and crypto transactions often move even faster. Security stays tight with advanced encryption protocols, and the platform operates under E-gaming license No. OGL/2023/174/0082 from the Curacao Gaming Control Board.
The customer support team works around the clock, and each representative brings at least three years of casino experience. This expertise shows when they handle both simple questions and complex technical issues, which helps create a smooth experience for players.
6. SportsBetting.ag Casino
After testing various bitcoin gambling sites over the years, I found SportsBetting.ag stands out. They blend traditional sports betting with state-of-the-art casino gaming. The platform has created its own path in the cryptocurrency gambling world.
SportsBetting.ag Casino Game Selection
My tests show SportsBetting.ag's sophisticated gaming environment meets players' priorities of all types. Players can enjoy an impressive collection of virtual table games with multiple versions of blackjack, roulette, and baccarat. The live dealer section shines with professional croupiers who work 24/7. They create an authentic casino atmosphere through HD streaming technology.
SportsBetting.ag Casino Promotions
SportsBetting.ag keeps their promotional structure fresh and exciting. Players who use digital currencies get cryptocurrency-specific bonuses. The tiered loyalty program rewards users with better benefits as they progress. These include tailored reload bonuses and exclusive tournament entries. Players can get more value from their gaming through smart bonus use and regular promotion participation.
SportsBetting.ag Casino Deposit Methods
The platform's cryptocurrency system works with remarkable speed. Players can pick from several digital currencies for their transactions. Cryptocurrency deposits show up in player accounts right away.
SportsBetting.ag takes security seriously. They use advanced encryption technology to protect all transactions and keep players safe. The withdrawal system processes most crypto cashouts within 24 hours. Their technical support team works around the clock to help with any payment questions.
The platform makes it easy for players to handle both fiat and cryptocurrency funds. Their reliable payment system handles large transaction volumes without issues, even during busy times. The customer support team knows their stuff, especially when it comes to cryptocurrency questions.
7. Las Atlantis Casino
I've spent countless hours learning about bitcoin gambling sites, and Las Atlantis Casino stands out with its unique approach to cryptocurrency gaming. My hands-on testing shows they really care about innovation and user experience.
Las Atlantis Gaming Options
Las Atlantis shines with its diverse gaming environment. The platform has advanced titles from top software developers that create an immersive experience. Their selection has progressive jackpot slots with big potential payouts. The live dealer section never sleeps and offers real table gaming experiences with HD streaming technology.
Las Atlantis Bonus System
Las Atlantis takes a fresh approach to player rewards. They've built their bonus structure around cryptocurrency transactions, which gives better value to digital currency users. Their VIP program is special with multiple tiers that offer better perks as you move up. The promotional calendar gets regular updates to keep things exciting for everyone.
Las Atlantis Payment Processing
My time with the platform shows that Las Atlantis puts payment speed first. Their cryptocurrency system works with great precision and makes sure transactions finish quickly. I've tested their withdrawal system many times, and crypto cashouts are faster than regular methods. Players can expect their funds soon after requesting a withdrawal, which shows how much they care about service quality.
Las Atlantis really stands out with their advanced security infrastructure. They use sophisticated encryption to protect all transactions and create a safe space for cryptocurrency gambling. Their tech support team keeps watch 24/7 to stop any issues before they start. The customer service team knows their stuff about cryptocurrency and helps out whenever you need them.
You can see how serious they are about cryptocurrency in their smooth deposit process. The system handles different digital currencies precisely and lets you start playing right away. My testing shows they keep everything running smoothly even when busy by using advanced load-balancing technology.
8. BC.game Casino
BC Game stands out as a tech leader among all bitcoin gambling sites I've tested. The platform combines cutting-edge features with a great user experience.
BC Game Portfolio
BC Game boasts an impressive collection of over 9,000 online casino games from top providers like NetEnt and Evolution Gaming. The platform's crown jewel is BC Originals, their own collection of games including Crash, Plinko, and Limbo. These games use cryptographic hashing technology to guarantee provably fair outcomes. The games load instantly, which I confirmed during my tests.
BC Game Rewards
BC Game's bonus system ranks among the best in the industry. New players can get up to 220,000 BCD (BC Dollars) as part of their welcome package. The platform's Level Up system spans 75 VIP levels. Players at higher tiers enjoy special perks, such as zero withdrawal fees at VIP level 38. The Quest Hub system lets players earn extra rewards by completing daily and weekly tasks.
BC Game Banking Options
BC Game shows its dedication to cryptocurrency with a resilient payment system. Most transactions complete within 10 minutes, backed by blockchain confirmations. Players pay just 0.1% as a withdrawal fee to prevent network congestion. The platform accepts over 30 different cryptocurrencies, including Bitcoin, Ethereum, XRP, and USDT. They've also added a dynamic transaction fee system that adjusts based on network conditions.
BC Game 4.0 takes things to the next level with its user-friendly interface and better services. Their customer support team really knows their stuff - each representative has at least three years of casino experience. The platform takes responsible gaming seriously by using smart monitoring systems and advanced algorithms to spot suspicious activities.
9. El Royale Casino
I recently spent time learning about bitcoin gambling sites and ended up at El Royale Casino. The platform aims to bring a genuine Vegas-style experience to the digital world. Here's what I learned after testing their services.
El Royale Casino Game Selection
The time I spent on their platform showed me that El Royale Casino has created a complete gaming environment. RealTime Gaming powers their entire collection of games, which gives players a seamless experience. The slot selection stood out with Return-to-Player (RTP) rates at 96.5% on average. Their table game section has several versions of blackjack, roulette, and poker. Each game comes with its own rules and betting limits.
El Royale Casino Dice Bonuses
The bonus structure at El Royale is well thought out. New crypto players can get a substantial welcome package spread over multiple deposits. Players who stick around benefit from a tiered loyalty program that rewards them more as they play. The promotional calendar gets regular updates with fresh offers for everyone. The wagering requirements match what you'd expect from other casinos in the industry.
El Royale Casino Transaction Methods
El Royale Casino handles cryptocurrency transactions quickly and smoothly. Players can use Bitcoin, Ethereum, and Litecoin as payment options. The withdrawal system works like clockwork - most crypto transactions finish within 24-48 hours. The minimum deposit starts at just 0.0001 BTC, which makes it easy for players with different budgets to join.
El Royale Casino's advanced security protocols make it stand out from the crowd. They use top-notch encryption to keep all transactions safe. Your account information stays encrypted unless you ask otherwise. The support team stays alert around the clock to watch over transactions. The customer service team knows their stuff when it comes to crypto questions and helps out whenever needed.
10. Red Dog Casino
My latest analysis shows Red Dog Casino stands out with its legitimate licensing under The Autonomous Island of Anjouan, Union Of Comoros. This regulatory compliance builds trust in the cryptocurrency gambling world, which I've seen firsthand as a seasoned casino reviewer.
Red Dog Casino Gaming Features
Red Dog Casino delivers a detailed gaming experience powered by RealTime Gaming (RTG) and Visionary iGaming (ViG). The platform's impressive lineup includes slots, table games, video poker, and specialty games. They update their game library regularly, which keeps players engaged. Players who enjoy classic slots or progressive jackpots will find games that match their priorities efficiently.
Red Dog Casino Promotions
Red Dog Casino's promotional structure makes it a game-changer in cryptocurrency gambling. New players can get a substantial 225% welcome bonus. The promotional calendar offers great value through daily, weekly, and monthly deals. The bonus structure impresses with its clarity - each promotion has clear terms and achievable wagering requirements.
Red Dog Casino Payment Options
Red Dog Casino supports several cryptocurrencies: Bitcoin, Litecoin, Ethereum, and Tether. Most crypto transactions happen instantly, though withdrawal times depend on network conditions. Crypto enthusiasts will appreciate the available minimum deposit requirements - starting at 20 USD for most crypto options, while USDT needs 40 USD.
Security and transparency make Red Dog Casino unique in the cryptocurrency gambling world. They use advanced encryption technology to protect transactions. The customer support team shows expertise when handling both simple questions and technical problems. The platform uses strict verification through their KYC process, which ensures secure gaming operations.
Their withdrawal processing times compete well with industry standards. Cryptocurrency transactions complete within reasonable timeframes, depending on network conditions. The platform has a user-friendly interface with a sophisticated payment system underneath. They don't charge deposit fees for most cryptocurrency transactions, showing their commitment to fee transparency.
How to Get Started Using Bitcoin for Gambling Deposits and Withdrawals
The best place to start is almost always at the beginning.
When discussing Bitcoin with newcomers, the first question we hear is:
What is Bitcoin, and how does it work?
Think of Bitcoin as an independent currency that’s not associated with a country or a government. It’s a “peer-to-peer” currency. It’s also a digital currency, which means you don’t ever actually handle cash. And as a “cryptocurrency”, it’s encoded.
It’s used to send payments from one digital user to another. It’s relatively new, too-Bitcoin emerged on the Internet scene in 2009.
Like gold, silver, or any other precious metal, Bitcoin is “mined”.
But their version of mining doesn’t involve picks, shovels, axes, or wheelbarrows.
There’s a public ledger which tracks processed payments and rewards them with newly-created Bitcoins. The transaction fees generated using this digital ledger pay for the Bitcoins, and that entire process is the “mining” that generates additional coins.
Bitcoins are created in blocks at a rate of one block every 10 minutes. Originally there were 25 Bitcoins in a single block, but that’s been cut in half (as of last year) to 12.5 Bitcoins in a block. The number of Bitcoins in a block are going to continue to be cut in half periodically until a total of 21 million Bitcoins have been mined. This process should be complete by 2040.
As with any currency, supply and demand determines the value of each Bitcoin. Here is the current value of bitcoin:
The Current Value of Bitcoin
The Current Value of Litecoin
The Current Value of Ethereum
They’ve also been worth considerably less, as you could buy 5,000 Bitcoins in 2009 for just $27.
In fact, as an investment vehicle, Bitcoins are more volatile than just about anything else. As such, it’s not an ideal investment vehicle. If you’re speculating, you should put only a small percentage of your overall bankroll into the currency as an investment.
What do you mean by volatile?
We mean that its value can go up and down dramatically and seemingly randomly.
How volatile?
Consider this. In 2009, the price of a Bitcoin fell 50%–overnight.
When using Bitcoins to make deposits and withdrawals at online gambling sites, the fluctuations in price can provide an additional layer of action to your gambling.
Deciding when to convert Bitcoins into another currency is a gamble all by itself.
Bitcoins, like other investments, are bought and sold on exchanges. (An exchange is just a marketplace for an investment vehicle.) You can find a list of exchanges on Bitcoin.com.
If you’ve ever used an online stockbroker like E*TRADE, you’ll be familiar with this process. It’s mostly just a matter of setting up an account and a payment method (like a credit card or checking account). Then you can buy and sell Bitcoins just like you would stock in a company.
But that’s not the only way to buy and sell Bitcoin.
Remember that it’s a currency, like a dollar bill. If you have a dollar in your pocket, you can use it to buy a soft drink. Or you can exchange a dollar for 4 quarters.
You can do the same thing with Bitcoins, but since they’re a digital currency, you need an online wallet (like PayPal, only Bitcoin-specific), and so does the person you’re buying and/or selling from. Many Bitcoin exchanges also offer wallets, but not all of them.
In fact, this is how payments from online casinos work. They send you your winnings in Bitcoins via an online wallet. That’s also what’s happening when you make a deposit using Bitcoin-you’re exchanging this currency from your online wallet to the casino’s.
When you’re deciding on a wallet, look for something user-friendly that offers backups. Bitcoins are just complicated pieces of code. If you lose that code or fail to back it up, you lose access to that Bitcoin forever. Having a wallet that creates a backup for you is a hugely helpful insurance policy to help you avoid losing your Bitcoins based on that.
When dealing with individuals, buying and selling Bitcoins can cause problems because of chargebacks. A chargeback is when someone makes a claim to a credit card company that they bought something but didn’t get what they bought. The credit card company often reverses this transaction.
So if some individual sends you PayPal funds in exchange for Bitcoins, you might face a situation where the other person files a chargeback with PayPal. If you decide to exchange funds in this way with another individual, be sure it’s someone you know and trust.
Bitcoin.org offers a detailed guide to various wallet services and provides a list of the good and bad for each of them. Many of these wallets have cool names, too, like:
Most online casinos and gambling sites which offer this currency as a deposit and withdrawal method have information about specific wallet services, too. Bovada, for example, recommends a couple of options on their site.
Like any other banking method you can use to fund your online gambling account, Bitcoin has its perks and its drawbacks. We try to provide an even-handed look at the good, the bad, and the ugly below:
Here are some of the positives:
- Bitcoin is possibly the most United States friendly option available. UIGEA is a law that prohibits transferring funds for purposes of online gambling. Since Bitcoin is largely anonymous, it’s an easy way to get around the law. (Note that we’re not saying it’s a legal alternative.)
- Bitcoin is the fastest way to get money to and from an online gambling site. Most other options measure turnaround times in days, but Bitcoin measures turnaround time in hours-sometimes less.
- Bitcoin has low payment processing costs when compared to other deposit and withdrawal options.
- Bitcoin’s minimum and maximum deposits are more flexible than any other option. Most sites accept deposits of as low as 0.01 Bitcoins. Most sites have no withdrawal max for Bitcoins, either.
- Bitcoin users usually have lower and/or higher betting limits than other users.
- Bitcoin gamblers aren’t limited to Bitcoin only sites. Most online gambling sites which accept Bitcoin also accept other deposit and withdrawal methods, too. (Although you can find Bitcoin-exclusive sites.)
- Bitcoin is safe. You can look up the transactions on the block chain at Bitcoin. Even though it’s anonymous, the possibility of getting cheated is minimal because of this transparency.
But it’s not all sunshine and unicorns. Here are some of the downsides to using Bitcoin as your deposit method:
- The volatility of the currency is possibly the biggest downside. If you buy a Bitcoin using dollars when the price is $1000, and the price drops to $500, you’ve lost half your money. Using Bitcoin is itself a gamble on top of a gamble. (On the other hand, if the price goes up, your winnings improve.)
- There’s a learning curve involved in using Bitcoin. It’s not a steep learning curve, and you can probably figure out everything you need to from this page (and from the 2 or 3 pages we’ve linked to from here), but it’s a learning curve nonetheless.
- Some online gambling sites, especially those which are Bitcoin-exclusive, are un-licensed. Stick with the sites we recommend, and you won’t have this problem. (The bad guys and hustlers use the anonymity of Bitcoin to their advantage, but not every site using Bitcoin is a bad buy or a hustler.)
- Not all online gambling sites accept Bitcoin. It’s becoming more common all the time, but you still need to find casinos, poker rooms, and sportsbooks that accept the currency. The sites listed on this page are all Bitcoin-friendly, of course.
It’s hard to believe it’s only been three years since the first Bitcoin Casino was licensed. BitCasino.io entered the online gaming market in 2014, and the community was, of course, ready for it. In its first three months of operation, this new casino concept garnered 7,000 players betting more than 3,000 BTC combined or a value of $1,400,000 at the time.
Not only was this casino a first in the market, but a first to integrate the incredibly popular Microgaming catalog into the mix. It evolved quickly, though, and it and many other dedicated Bitcoin casinos include gaming versions courtesy of Evolution, OneTouch, Asia Gaming, NetEnt, Pragmatic Play, Gameart, Explosive, Ezugi, Isoftbet, Betsoft, Quickspin, booming Games, Play ‘n Go, BetGames, and Endorphina.
Bitcoin-only vs. Bitcoin-integrated
Whereas some sites like BitCasino are exclusively Bitcoin operated, there are now plenty of gaming providers who have integrated Bitcoin into their financial services menu. The difference is that you’ll be playing solely with the cryptocurrency in the first, and in the latter, your payment will need to be converted to traditional currency for betting purposes. The site takes care of all of that, though. All you need to do is make your wallet to wallet transfer.
Even though your payment has been exchanged for wagering purposes, you can still cash back out in Bitcoin with a simple exchange back, also taken care of for you.
If you haven’t been to any online currency providers, you may not be aware that many, these days, convert your cash into Bitcoin and vice versa with a quick one-step transaction. Gone are the days when you needed to do some mining or creative acquisition.
Casino Bonuses
One of the benefits to funding a player’s account this way is the increased premium value. In many instances, casinos will offer two different welcome bonuses. One traditional and a bigger Bitcoin version.
A US facing site like Bovada offers new players using credit, debit or other more mainstream methods a 100% deposit match on the first three transfers for a total of $3,000. But, if you’ve opted for the wallet to wallet, you can receive 150% on the first three up to a total of $5,000.
Everything Else Remains the Same
Even if you’re on a Bitcoin-only site, you should still be receiving the same benefits as any other online casino. The service provider should be licensed and regulated, so you have a governing authority should you need to escalate any unresolved issues.
You should also be able to experience the same types of casino games including slots, which also provide for progressive jackpots, video poker, specialty, table games, and live dealer tables as well.
The Speed and The Economics
Let’s face it; it’s all about the bottom line. You’re in it to win it, and Bitcoin allows for fast deposits and withdrawals. In many cases, it’ll be under 20 minutes, and there are rarely additional fees attached. We won’t say never because some casinos will tack on something just for the heck of it, but cryptocurrency should allow for free transactions unless you’re paying fees to a currency exchange.
Bitcoin Cash: Will It Makes Its Way Into Casinos?
On August 1st, 2017, Bitcoin divided out into a new currency simply called Bitcoin Cash. It’s so new that a lot of uncertainty comes with it, but some online casinos are already coming forward saying that they won’t accept it, while others are open to the idea. Coinbase, one of the biggest exchanges changed their position as they originally were unwilling to offer it but, now, starting in January of 2018, it will be added to their service.
Bitcoin Cash could open up new opportunities for both casinos and players as its primary purpose is to expedite transactions. In its first month, it doubled in value from $300 to $600.
Just as the casinos break out into bitcoin-only and bitcoin-integrated, sportsbooks do as well. You can fund a betting account on a site like Bodog with cryptocurrency that’s then exchanged for a cash value or credits consistent for all players, or you can register with a book that only deals in BTC and mBTC.
Higher Betting Limits
High rollers can often run into a ceiling that stops them from putting down as much as they’d like in a single wager. Many Bitcoin bookies will accept a much higher value stake. For example, sportsbet.io will take as low as 0.1 mBTC and as high as 100 BTC toward both pre-game and in-play action.
At the time of this writing, .1 mBTC converted to 45 cents and 100 BTC translated into more than 455,000 US dollars.
Bigger Rewards
Sportsbooks also now tend to provide greater incentives for players to use Bitcoin to fund their betting accounts. Not only does Bovada offer a bigger casino bonus, but doubles the value of sports as well.
The traditional Welcome Bonus has a cap of $250, but the Bitcoin Welcome Bonus goes up to $500.
One of the most popular games in the world would, of course, need to accept the currency that just exploded in the online gambling community. Online poker rooms have embraced accepting BTC from their players as it expedites the process in both directions and allows for bigger betting limits.
Connecting Poker Players
Poker would be one of the more social games, even online. As opposed to slots or video poker machines where it’s bettor vs. computer, poker brings together players from around the globe. Bitcoin does the same thing as it’s not tied into one government or financial institution but, rather, it’s for everyone and has the same fluctuating value across the board. With no areas excluded from its use, it opens up a bigger player pool.
Tables and Tournaments
It doesn’t matter if you gravitate to tournament play only or if you want to buy in at a cash table, BTC allows for both. Again, just like slots and sports betting, you’ll either have an exclusive site where all transactions are conducted in BTC or mBTC, or you’ll have the conversion scenario on sites that accept more traditional forms of currency.
Sites like America’s Cardroom, which allows for Bitcoin transactions, offer some of the biggest tournaments like Sit ‘n go satellites with seats at the larger tournaments offered up as prizes instead of cash.
Not as Many Bonus Bumps
Unlike casinos and sportsbooks that incentivize Bitcoin users with higher deposit matches, poker rooms keep their bonuses consistent across the board, but all players can get in on the value-adds that can include free cash, deposit matches, freerolls, and more.
Bitcoin Esports Betting
Two exponentially growing trends in the online betting industry are esports bets and Bitcoin betting. They are both new-age counterparts of traditional betting aspects. Esports is already competitive with regular sports, while Bitcoin and other cryptocurrencies are getting more and more attention from the bookmakers. Slowly but surely, they’re beginning to replace traditional payment methods such as cards, Skrill, ecoPayz, and more.
Fast and Secure Esports Betting
The best thing about using Bitcoin for esports betting is the blockchain technology it runs on. It allows Bitcoin transactions to be processed quickly and securely, eliminating lengthy bank validation and processing systems. With the blockchain technology, the transactions have to be confirmed on the network itself which means it’s secure, irreversible, and in most cases, lightning-fast.
Complete Anonymity
As mentioned above, Bitcoin transactions are processed through the blockchain. This is the comprehensive and highly sophisticated technology driving cryptocurrencies to new heights. It doesn’t rely on a centralized subject but, instead, on an entire network which features all Bitcoin transactions publicly. But how can it be anonymous if all that info is available for the public? Well, private transaction components are read in text strings which in no way link to people’s personal identities, thus making Bitcoin betting the epitome of online betting anonymity.
Low Fees
Last but not least, Bitcoin betting has relatively low transaction fees. But keep in mind, this only works for crypto-only esports betting sites that don’t convert your deposited Bitcoin into real currencies. Crypto-only websites allow you to deposit BTC, bet in BTC, and withdraw BTC, with no conversions (or fees) happening in the background.
Have you ever pulled up a gambling site and saw a menu item called “Financials”? Well, it’s not about your financials, meaning your deposits and withdrawals from the site. It’s a mini financial exchange quite similar to regular trading services, but you’re betting on the movement of the market instead of buying or conducting any currency exchange.
You’re looking at stock, indices, currencies, and commodities, but it’s incorporated in a sportsbook as these are bets being placed and not purchases being made.
Financial Betting Options
The following are some of the bets that are usually available when Financial betting is offered. Keep in mind, again; you’re predicting movement. You’re not buying and selling stocks or currency.
- Predict changes in the Dow Jones or NASDAQ 100
- Movements in commodity prices like silver, gold, sugar, and coffee
- Currency valuations for some of the most popular ones like USD, EUR, or GBP
- Forecasting stock movements
Betting on the Direction
Just as sports betting opportunities vary per sportsbook, financials will as well. Some of the more common bets will include:
- Binary: Will the price go higher or lower the current market value?
- Range: Will the value end up in a predefined range?
- Turbo: This is speed betting within a specified amount of time, like five minutes. Will the price go up or down within that amount of time?
Bitcoin Benefits to Financial Trading
When we talk about Bitcoin Financial Trading, it’s the ability to use your wallet to fund your betting account and then use those funds to make your predictions. If you’re correct, you get paid just like a winning sports bet.
Not only are there a plethora of financial betting options, but these gambling sites are licensed and regulated, the transactions secured by the latest in technology, and plenty of information is provided to help in the selection process.
Bitcoin not only provides for quick funding so you can get in on a prediction that may be timely, but it also allows you to claim your profit with a fast turnaround. Whereas you need to have established accounts open with traditional means for standard trading, Bitcoin allows you access to the financial markets through gaming providers like betonline.ag.
Latest Blogs on Bitcoin Gambling
Bitcoin is a revolutionary new type of currency that’s entirely digital in nature. Its volatility adds to the excitement of gambling. And its anonymity makes it ideal of United States players who want to get around UIGEA.
You can find gambling sites which accept Bitcoin as one of many deposit options. But you can also find sites which only operate in Bitcoin. We prefer the former for various reasons, but we’ve covered the pros and cons of both above.
If you take nothing else away from this page, remember this:
It’s important to do business with sites you trust on the Internet-especially gambling sites accepting Bitcoin as a deposit and withdrawal method.
You can use the recommendations on this page to find sites you can trust and that also accept Bitcoin.
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