Bitcoin Casinos
My Expert Contribution to Evaluating Bitcoin Casinos
Personally, I place a great deal of importance on the idea of being perfectly honest about cryptocurrencies. This is a very popular method of market speculation, which goes against the core principles of gambling for fun – the only way I truly support.
As a result, I wanted to be as transparent as possible about my involvement and knowledge in the field of crypto online casino gambling. It’s the best way to earn your trust when recommending even the best Bitcoin casino sites.
My name is Andrei-Corneliu Vlaicu, and I’ve been passionate about online gambling for many years. Moreover, I’ve been working as a contributor to the iGaming community by assessing online casinos, promotions, incentivization systems, games, and many more. This portfolio grows steadily, with over 2,500 reviewed brands at the moment.
Crypto has become one of my interests for multiple reasons: its strong entry into the iGaming segment, its rising popularity in pop culture, and its fundamental role in the new tides of global finances. I recognize its intensely revolutionary role, as deftly put by Max Keiser:
“Bitcoin represents the first major breakthrough in economics and finance since double-entry bookkeeping was invented in 1494.”
As a result, I started a campaign of profound research on decentralized financial systems, of which Bitcoin is undoubtedly the poster child.
Since the best Bitcoin casino platforms represent an apex combination of iGaming and crypto, they piqued my interest quite intensely. After testing, research, and an open-minded effort, this page is my professional foray into Bitcoin casinos.
Disclaimer: Another defining aspect is my membership within the current SlotsCalendar editorial team. Since all of us respect the SlotsCalendar mission, my effort does not include any AI-generated content!
How I Review & Rank Bitcoin Casinos
Just as much as my colleagues, I take my job very seriously and know very well just how important it is to have all the information you need. That’s why I go into depth with Bitcoin casino review.
Before writing each comprehensive review and rating the casino, I first create an account, deposit, playtest some standout games, redeem bonuses, and attempt to cash out.
I go through all the steps to determine whether everything goes smoothly, whether the casino is worth it, and whether there are no issues so that I can report back to you in full detail.
Here are the main things I check for all Bitcoin casino sites:
- Security, Safety, Background, & Fairness—The first thing I look for is the license; most often, for this type of casino, there will be an offshore license like those from Curaçao or an MGA license. The latest kind of encryption protocol is also a must, as this protects your personal and financial data.
I look into the online casino’s background as well to see if there is information about the mother company or other sister websites to check on their reputation. Furthermore, I check for respected independent testing companies that verify that all games are 100% fair.
- Deposit & Withdrawal Options—Some top-rated gambling sites that I’ve reviewed offer more payment methods than others. While some wish to make all transactions with Bitcoin, others like the option of traditional, fiat currencies with debit cards, e-wallets, or other banking methods.
You can easily use many top cryptocurrencies like BTC, ETH, LTC, USDT, and more.
- Quick Payouts—It’s essential to be able to withdraw winnings instantly or as quickly as possible, so I test how quickly you could get your payout.
All casino sites with cashouts under 24 hours qualify for the well-known and appreciated fast withdrawal casinos.
- Fast Verification—All great casino sites perform KYC (Know Your Customer) verification to ensure that you are of legal age and aren’t trying to trick casinos or launder money.
While sending copies of documents is necessary at almost every casino, I look for those who perform their checks very fast so that you don’t need to wait to get your account or your withdrawal approved.
- Software Providers—There are hundreds of exceptional software providers in the online gambling world. They contribute greatly to the entire gaming experience, which makes it particularly important to have exceptional games from many of them.
- Game Collection—Having many amazing different game types (slots, table games, live dealer games, lottery, crash, etc.) at your disposal, as well as a selection of both new games and popular titles, is a must.
The more, the merrier, the larger the collection of extraordinary titles is, and the more fun you can have.
- Bonuses—You will see that top new Bitcoin casinos usually give out plenty of bonuses, including no deposit bonuses and free spins.
I take a close look at the epic offers available and rate them according to how large the crypto bonuses are, what wagering requirements, max cashout cap, and other important terms and conditions they have.
- VIP Program—Some loyalty programs are better than others, and some casino sites might not offer anything special at all, but luckily, most do.
Usually, as you will see in SlotsCalendar’s Bitcoin casino list of reviews, VIP programs can easily appear, and they tend to have different tiers. You would get to climb the VIP ladder, and with each new level you unlock, you will receive better prizes, bonuses, and other privileges of many kinds.
- Customer Support—You shouldn’t have to wait to get help when you have a question or an issue. A professional and friendly customer support team should be on call 24/7; more importantly, it must operate very fast to assist you in any way, shape, or form.
Reasons Why Some Casinos Don’t Have Bitcoin
Just like most of the cryptocurrency wave, the regulation of Bitcoin casino sites is not yet crystal clear. Many national gambling authorities view crypto as ‘not real currencies’ because of their still-unclear status within the wider world of finances. While it is mostly legal, many gambling markets have issues incorporating crypto due to its inherent anonymity.
Bitcoin was created to move power away from central banks and give it to the market itself; thus, it is unlike its fiat counterparts.
The best Bitcoin casino sites are not illegal, and the ones you will find with a license are going to be legitimate. However, they will require that you input your data and go through stricter verification. It’s a matter of renouncing anonymity to increase safety.
In actual fact, you can’t deposit or withdraw using this currency at plenty of reputed sites, but there is a way and use it to their advantage if they choose to implement them. The conversion rates can always rise and become tangible profits for these casinos. However, regulations play too much of a part in how things go.
What Makes Bitcoin Gambling Sites Great & Special
Bitcoin casinos (and crypto casinos in general) have some exciting features that they bring to bring value to the entire gambling industry. Since these currencies have certain traits that fit very well with the upside that I seek in iGaming, here is the value that they would bring:
- They use a private, transparent, and decentralized currency that keeps things as direct as possible.
- You can easily withdraw quickly in just a couple of minutes once you get the clearance from the casino.
- Your winnings might increase even after you’ve finished playing as the currency grows. This is the very same principle that Bitcoin casinos follow when they try to obtain your crypto stock via deposits.
- Lower transaction fees than with another payment method, so more funds are in your account.
- As transaction costs are minimal, bonuses are generally much larger than for any other payment method.
Legal Casino Bitcoin: How to Recognize Which Are Legitimate?
What applies to most of the standout mobile Bitcoin casino sites in terms of which are legit? Are these not the same factors you need to take into account for all casinos?
In this case, it means that you must first check the license and make sure it is right for your jurisdiction, not to mention its legitimacy. Then, it would be best to check whether the games are fair and constantly tested for randomness by trustworthy independent companies such as eCogra, iTech or GLI.
Another important factor is whether or not the casino has a serious policy on responsible gambling. Bitcoin casinos should have self-exclusion tools, timeouts, limits for deposits and withdrawals, time spent playing, and different helpful support links. They are to ensure you are gambling responsibly and getting the attention you need permanently.
Furthermore, many extraordinary games from top software providers that have proven fair games are an added bonus, as, after all, you are here to play and have fun.
Last but not least, there are a plethora of alternative banking methods that will allow you to deposit and withdraw however much you like, when you want to, with the most convenient method possible. Naturally, connection to the safest crypto wallets is just as important.
Bitcoin Game Fairness
In the footer of most of the best slot sites that accept Bitcoin, you’ll see the information that attests to fairness. Third-party testing companies will constantly check Bitcoin casinos for fairness and ensure that everything is random, as it should be. This will allow you to have solid chances of winning and that the casino doesn’t employ an unfair house edge.
While this applies to all kinds of games, when it comes to Bitcoin live casino games (meaning to play at casinos that actually have live dealer games), slots, table games and any other gambling activity you might play with this currency, there is another factor to take into account.
The currency itself fluctuates greatly, which can have dramatic effects on the significance of your bets. You must monitor the value of your currency to know when to withdraw, deposit, play, and buy or sell crypto to ensure you get the best possible deal.
Savvy Tip: Essentially, you are dealing with gambling within gambling, which is quite amusing but also keeps you on your toes. Just make sure you are up to date with the conversion rates of each crypto coin before you commit to any bets!
Bitcoin Deposits
The easiest way to play at minimum deposit casinos is to make your Bitcoin deposits with alternative payment methods. The steps to Bitcoin deposits are generally uncomplicated and fast, and you should have no issues figuring it out. In general, the basic steps towards depositing at the best Bitcoin casino sites are as such:
- Find the best Bitcoin casinos that fit your wants and needs.
- Register and verify your account to make sure you have full membership.
- Check the minimum required deposit to make sure you can clear it.
- To add funds to your casino account, go to the cashier and select the deposit method that fits crypto transactions. In most cases, it’s all about connecting your crypto wallet.
- Choose a deposit via Bitcoin after making sure that you have enough purchased Bitcoin stock.
- Enter your wallet details to connect it to the operator’s platform.
- Enter the amount you wish to deposit, either in BTC or in fiat currency.
- The transaction should be instant, and then you’re clear about starting to play your desired casino games at any of these Bitcoin casinos.
Bitcoin Withdrawals
Depending on whether you’ve claimed an excellent bonus, you first have to complete the wagering requirements before extracting any money from said offer. To cash out, simply enter your payment method and the sum you wish to withdraw. Additional steps usually include further identity checks, especially if you plan to withdraw a large amount.
Generally, withdrawals with crypto take a couple of minutes. Alternatively, even the best Bitcoin casino sites need a little more time to verify that everything is in order. In the slowest of cases, the entire process can take even days.
Even so, Bitcoin casinos are among the few types of gambling websites that are also fast withdrawal casinos. The longest withdrawal time for crypto (including Bitcoin casinos) is shorter than withdrawing via wire transfer, for example.
Alternative Payments Methods
All casinos have several payment methods available, so if you don’t always feel like depositing or withdrawing in crypto at an online casino Bitcoin, you may easily choose a fiat currency and a different payment method.
Most of these are e-wallets, which go hand in hand with the popularity of online casinos that accept PayPal or digital gambling platforms that integrate Paysafecard payments.
However, the real stars of today’s market are Neteller-accepting online casino brands, not to mention digital casinos that process Skrill payments.
Payment Method | Deposit Limits | Withdrawal Limits | Withdrawal Time | Fees |
Debit Cards | $10 – $10,000 | Unlimited | 3-5 Days | Free |
PayPal | $10 – $10,000 | Unlimited | 4 Days | Free |
Skrill | $10 – $10,000 | Unlimited | 2 Days | 5% |
Neteller | $10 – $10,000 | Unlimited | 2 Days | 3.5% |
Paysafecard | $9.50 - $850 | N/A | N/A | Free |
Apple Pay | $10 – $10,000 | Unlimited | 4 Days | Free |
Boku | $10 – $10,000 | N/A | N/A | Free |
Bank Transfers | $10 – $50,000 | Unlimited | 2 Days | Free |
Pay by phone | $3 - $10 | N/A | N/A | Free |
Some of these variants are really novel when you look into them, such as Pay by Phone casinos and online gambling brands that integrate Boku payments. All you need to do is make sure that your jurisdiction accepts such options, which require you to use your phone bill. Since they are situational payment methods, they’re more like Bitcoin casinos than it appears!
Advantages & Disadvantages
There are several advantages to using Bitcoin casinos, just as there are disadvantages.
Writing and assessing for SlotsCalendar is a balancing act that is all about determining the most defining traits of a subject. Some may be flattering, while others will be critical. If there is a comparison to be had, you’ll see that my content always minds both facets.
This will be the case in this table as well. I sincerely wish that all Bitcoin casinos are perfect, but this is simply not the case. Even in the case of the Bitcoin casino sites, there are some drawbacks that, admittedly, may simply be situational.
PROs | CONs |
Small fees. | The currency’s value fluctuates |
Security. | Harder to understand |
Privacy. | Not accepted by a lot of casinos |
Anonymity. | Anonymity also means slip-ups in player verification |
Extremely fast. | A tendency to ignore responsible gaming |
It can appreciate in value greatly. | |
Dedicated bonuses. |
Bitcoin Casino Bonus
When gambling online, one of the best perks is that you can use casino bonuses. In my opinion, it’s a significant factor when deciding why they are the best Bitcoin casino sites as well.
There are plenty of exciting Bitcoin casino bonus offers you can claim. You’ll find the classic and most popular Bitcoin casino no deposit bonus offers and Bitcoin casino free spins. Thankfully, these casino bonuses are generally just as expected.
While these are not as easy to find, they can be of great help when you first begin playing and are trying to find your footing at a certain online casino.
Bitcoin casinos also have welcome bonuses and reload bonuses, which are definitely the most money-efficient options. While they are deposit offers, they are regularly a lot larger than those at fiat casinos, meaning you get a lot more funds to play with it.
Conclusion
From my estimations and research, governments are starting to understand crypto, and some have begun taxing digital wealth. This means that playing Bitcoin casinos and having or using crypto might have to pay taxes on them.
Savvy Tip: To possess Bitcoin in a digital wallet and just buy it, you’ll typically pay no taxes. However, I strongly suggest you check the law, talk to an accountant, and figure out what you owe in case there is significant legislation on crypto ownership.
Some of the best Bitcoin casino sites pay all fees for Bitcoin transactions. Be careful of that and always read the terms and conditions to see if something trickle down to you. Sites on our Bitcoin casinos list have been through exhaustive professional testing, which should bring some well-deserved clarity from our points of view.
This still means you have to be extra careful to ensure you’ve found the best Bitcoin casino sites that are licensed and regulated, and you’ll also find much better bonuses. Check out SlotsCalendar’s impressive list of Bitcoin casinos and find the one that fulfils all your needs and desires.
At the same time, don’t forget to keep your spending and gambling habits in check for the sake of responsible gambling! The idea has always been to keep this activity as a sideshow in your daily life, not making it a lifestyle. Use your money wisely rather than pushing your luck, and have fun instead of trying hard to make a profit!