Table of Contents
- Types of Bitcoin gambling sites
- Best Bitcoin gambling sites
- The common types of bitcoin gambling
- Advantages and disadvantages of Bitcoin gambling
When people talk of P2P crypto currencies, Bitcoins are the first thing that comes to mind. This virtual currency has already turned to be one of the most popular banking options for gamblers recently. Reasons for this are obvious. Bitcoins offer players plenty of financial advantages that no bank can suggest. You need no registration to start gambling with Bitcoins. Just open a wallet and choose from one of the sites. Many online casinos have already offered Bitcoin gambling for their clients. And hundreds of virtual gaming venues have by now switched to payment in Bitcoins only.
If you are already familiar with this modern digital crypto currency, you need to know the best places where to play. So, are you ready to gamble with bitcoins? Get the list of the best BTC gambling websites below and find the one to join and start gaming!
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Types of Bitcoin gambling sites
There are two key types of Bitcoin gambling sites. They are not called officially anyhow, so let us group them as hybrid Bitcoin sites and Bitcoin exclusive sites. So, how do they operate?
Hybrid Bitcoin sites
These are traditional online sites for gambling, which have recently started accepting Bitcoins as payment means. All of them have been providing gambling services for many years already. They accept all conventional currencies (Euro, GBP, Dollars, etc.). Moreover, such sites allow you depositing in Bitcoins. Then they just convert your funds into one of the conventional currencies according to either their or yours wish. After it, you can deposit, play your favorite online games, and withdraw money in a chosen common currency.
Many hybrid Bitcoin casinos offer an attractive option for so called provably fair games. This type of gambling is accessible for such online games as video slots, dice games, roulette, blackjack, video poker, scratch games, and many other titles.
Casinos, which offer provably fair games, allow gamblers seeing how results are based on a player’s contribution and an undisclosed number that is revealed for the next rounds, for example, every half an hour. This option allows gamers seeing if the Bitcoin site offers fair games. It works like the following. You just insert your number in their algorithm, hit the button and play one round. Afterward, you can look the results through, and check your number to confirm that the game is unbiased.
Bitcoin exclusive sites
This type of Bitcoin gambling sites accepts Bitcoin deposits only. No other currencies are allowed. All games are played with Bitcoins. And you can withdraw money in Bitcoins only.
Bitcoin-exclusive casinos offer valuable house odds and promotions. As a rule, they are much higher than at hybrid bitcoin casinos. The difference is usually 3-4%. So, it is quite a sum when we speak about games which offer house odds of fewer than 5%.
For example, plenty of the top bitcoin-exclusive sites propose a promotion of getting one or two free Bitcoins, which equals 250 or 500 dollar bonus. There is Bitcasino in our list of the best Bitcoin gambling sites. It offers all new clients 110% bonus on the first deposit. They also offer a 50% reload bonus which equals one BTC. Finally, the casino offers a 25% match on every gambler`s third deposit.
Best Bitcoin gambling sites
Here we have gathered for you the best Bitcoin gambling locations in the industry. In the table below you will find the top list.
Bitcasino.io offers more than 220 bitcoin games. 100% bonus on the first deposit. 15-second registration. All types of games are represented. Plenty of live Bitcoin games. Attractive deposit bonuses.
The casino offers more than 900 Bitcoin games. Every player gets 110% up to one BTC. 100 free spins on first deposit. More than nine hundred Bitcoins in Jackpots. Quick withdrawals, 24/7/365 customer support, and astonishing VIP Program.
Over 150 Bitcoin Esports events. Suitable mobile version. Lucrative promotions. Bets on all types of sports worldwide. Bitcoins are the only currency. Withdrawal is entirely free.
Sportsbet.io is a prominent online Bitcoin sportsbook. It accepts Bitcoins only. All types of Esports and sports gambling. It operates 24/7/365. The site is protected by the newest HTML5 technology.
It is a precisely Esports gambling resource. Seven years of impeccable work on the market. Reliable Curacao gambling license regulates the work of the casino. Best Esports games: League of Legends, Dota 2, and Counter–Strike: Global Offensive, StarCraft 2, etc. Plenty of profitable bonuses and promotions for Bitcoin gamblers.
It is the most trusted and the biggest Bitcoin casino and Sportsbook. It offers plenty of competitive odds. Ultra security. Responsive customer support. More than 270 bitcoin games. Fantastic promotions and welcome bonuses.
It is a popular Sportsbook, which accepts bitcoins. The gambling place proposes all prominent types of the best Esports games. Friendly customer support and the quickest withdrawal in the industry.
This Bitcoin Sportsbook is the key player on the Bitcoin gambling market. The gambling venue impresses with the huge deal of the most prominent titles such as Formula 1, Counter–Strike: Global Offensive, Mortal Kombat X, NBA, Street Fighter, NFL, NHL, MLB, etc.
This gambling house offers Bitcoin poker room, casino, and Sportsbook. It proposes all loyal gamblers plenty of games, responsive customer care, lucrative bonuses, and a VIP club league.
This online casino offers both Bitcoin and altcoin gambling. This gambling resource is known for its provably fair games. It was launched in 2014 by the team of real crypto currencies` fans. The casino offers only seven games. These are Slots, Dice, Roulette, Blackjack, Video Poker, Lottery, and Plinko.
It is one of the best Bitcoin casinos in Eastern Europe. The site offers up to 75% welcome bonus. 130% on the first deposit up to 1 BTC. Plenty of online Bitcoin games. FortuneJack promises to revolutionize crypto currency gambling world.
The casino was launched in 2013. It offers all types of slots, roulette games, poker and video poker games, casual and table games. The sum of the jackpot is impressive. Curacao registration allows the casino providing provably fair and protected gambling. VIP club offers many daily and weekly promos. High-roller welcome bonus 3.75 BTC. All games are available in 11 languages.
The casino believes that Bitcoins are the future of online payment systems. The site was created by a group of ex-gamers who exactly know what a real Bitcoin gambler wants to find at the online gambling site. Plenty of the best casino games are launched by the most reliable software developers such as Endorphina, SoftSwiss, NetEnt, Betsoft, Amatic, ISoftBet, Ezugi, and Microgaming. Live dealer games are offered. Live chat support. Curacao gambling license guarantees 100% protection.
The common types of bitcoin gambling
At the sites mentioned above, you will find the same gambling options and types of games as you can enjoy at any traditional online casino. These are such great things as online poker, various casino games (roulette, blackjack, live dealer games, baccarat, craps, etc.), plentiful Esports games, and financial trading (Forex or binary options).
Bitcoin casino games
The most trusted online casinos accept Bitcoins as a reliable payment means. The rules of games and the fundamental principles of betting are the same as in the most ground-based gambling houses. So, from now you can make deposits in Bitcoins to play American and French Roulette, numerous types of Blackjack, Bingo, Let It Ride, Baccarat, Casino Hold’em, Craps, and other table games. Online video poker games are also available. Bitcoin Specialty games are represented with such titles as Scratch cards, Keno games, and Virtual Racebook.
Many online poker games are now available for Bitcoin gambling. Now you can use your digital currency to play your favorite poker games. These are such titles as Jacks or Better, All American Aces and Faces, Joker Poker, Deuces Wild, Deuces and Jokers, Tens or Better, etc.
Esports has already become of the most popular type of online gambling. Thus, Bitcoins have been widely used here. Gambling Esports with BTC is the same as you use other conventional currencies. All Esports gambling sites offer depositing, betting, and withdrawal in Bitcoins among other options. You should just choose an upcoming event from the list and make your bet. You can also use your mobile devices to gamble with Bitcoins on Esports events.
If you adore financial trading, then you should try Bitcoin gambling at Forex. The Forex market is the most liquid and the biggest market for currency trading on the planet. It runs 24/7/365. With the advent of Bitcoins, currency trading has received an attractive dimension. Plenty of money brokers have started to accept Bitcoins for currency trading.
Trading Bitcoins is similar to trading everything else on the currency exchange. For example, you can sell pounds for dollars through Forex, and pounds for Bitcoins on the exchanges. The trading process is very similar. However, Bitcoins are not yet as dynamic as trading conventional currencies.
Forex brokers usually propose high leverage equaling up to 1:1000 for Bitcoin trades. Conversely, such high margins must be approached carefully as they expand the possible loss as well.
Advantages and disadvantages of Bitcoin gambling
Like any other type of gambling, Bitcoin gambling has its pros and cons. Below you will find a list of the top of them.
Advantages of Bitcoin gambling:
- Quick registration. A Bitcoin wallet can be created in a minute for free;
- All people who desire to start gambling with bitcoins will always do it anonymously;
- The highest protection of transactions. Now bitcoins are the safest form of online payment. No fraud risk has been detected. All gamblers` transactions are 100% sheltered by sufficient technologies;
- No extra sum for bigger operations. Every Bitcoin gamer can transfer any appropriate amount of money without spending any additional bitcoins;
- Cheap minimum deposit. Most of the top Bitcoin gambling sites ask for a minimum deposit of 0.001 BTC;
- Nobody needs to register a personal account at bitcoin-exclusive sites. You may only need to share your name or email;
- Provably fair games are available;
- Only the owner of BTC address can control his/her bitcoins. Government cannot count your money;
- Bitcoins are particularly friendly for American players, opening doors to plenty of blocked gambling websites and providing them with super-fast banking;
- ID verification is not needed;
- All your winnings in bitcoins will never be taxed. No government institution can regulate Bitcoin transactions;
- The newest HTML5 protection. All Bitcoin gambling sites are protected by the up-to-the-minute coding technology called HTML5. It wholly eliminates all the need to download any additional software. All Bitcoin games can be played directly in the browser. HTML5 is completely mobile-friendly;
- Quick and easy transactions and withdrawals. All financial operations are conducted in seconds.
Disadvantages of Bitcoin gambling:
- Despite a high number of obvious in-built benefits of BTC gambling, using this crypto currency for gambling has certain disadvantages.
- Bitcoins are unpredictable. Its value jumps up and down daily specifically because of the reduced amount of BTC and a growing demand for them.
- Bitcoins are experimental. All main features of bitcoins are still in the process of development. Bitcoins keep on growing, which makes them easier to get;
- Possible coding errors. In fact, Bitcoin is a software program. And though there hasn’t been noticed any significant coding errors, some flaws in the code can happen in future. And nobody will know how to fix it;
- Bitcoins are untraceable. Though anonymity of Bitcoin gambling is considered a significant advantage of the cryptocurrency, the governments of many countries worldwide have already started to think how to control Bitcoin gamblers and to tax them. It may be the great problem in future;
- General misapprehension. Millions of players in the world still do not know anything about Bitcoins. Thus, plenty of the top Bitcoin gambling sites are somehow limited in accepting BTC. And a number of people who know how Bitcoins function are still rather small. So, now using bitcoins for online gambling can be a barrier.
Now you now the list of the best Bitcoin gambling sites. All of them will undoubtedly provide you with the best BTC betting experience. And numerous bonuses and promotions will always make you and your pocket happy. At least, for curious gamblers, it is a great chance to try Bitcoins. Neither good nor wrong answer can be given to the question whether you should gamble with, for example, dollars or Bitcoins. Act in the way best for you. Bitcoins are accepted means of payment in plenty of online casinos. Just one of the many. If it is convenient for you – use it!