Bitcoin Casinos

Guide to Bitcoin Online Casinos

Bitcoin Online Casino

Today, online casinos are packing out their gaming sections with 1,000s of games, including slots, baccarat, blackjack, roulette, casino-style poker games, and more. One of the latest trends to fund casino accounts for playing popular casino games online is via the use of Bitcoin (BTC).

 Our dedicated team has been researching Bitcoin casinos over the past years. It is no secret that BitCoins have been making headlines as blockchain becomes increasingly popular. However, bitcoin casinos are pretty new to the world of online gambling. Many online casinos have been slow on the uptake because they were unsure how the infamous cryptocurrency’s long-term outlook would fair up. However, it is now more evident than ever that BitCoin is here to stay. So more and more online casinos now take Bitcoin and other cryptocurrencies.

OnlineCasinos.net team is constantly testing the latest online casino payment option in cryptocurrencies to stay updated with new payment options. So we can still give you up-to-the-minute reviews on how the latest cryptocurrency craze is growing.

TOP BITCOIN CASINOS FOR 2022

Top Sites IconWe have based our top Bitcoin casinos for 2022 on those we have already tested vigorously. We already know the best online casinos out there can be seen here below, and we are continuously playing their games to make sure they stay up to scratch.

 

For 2022 the best Bitcoin casinos will undoubtedly be:

 

  1. WOW Casino – Exclusive bonus here or Read Review
  2. Casoo Casino Visit Here or Read Review
  3. VegasParadise.com or Read Review
  4. Playojo Visit Here
  5. Bitcasino or  Read Review
  6. Oshi Bitcoin Casino or Read Review

These five casinos have consistently been in our top 10 lists year in and year out. This is because these bitcoin online casinos strive to provide their clientele with high-quality gaming, customer care, bonuses, and they are all easy to deal with financially.

Here are some of the highlights these casinos have to offer:

  • Fast Pay-outs
  • Real Money and Free Gameplay
  • LIVE Dealer Suits
  • Excellent Bonuses
  • Mobile Games
  • 24/7 Customer Support

Gambling at a casino that offers you the chance to use Bitcoin provides some key benefits:

  • The deposit fee is often lower if casinos accept Bitcoin
  • This booming Cryptocurrency is well-known for super-fast transactions
  • You can anonymously make deposits, withdrawals as well as play casino games

Points We Covered to Rate Our Recommended Bitcoin Casinos

Rating an online casino is undeniably a lot of fun for the onlinecasinos.net team. We love playing online casino games because we are long-time gamblers ourselves! As such, we are also staunch critics of every casino we play. We love to dig deep into every knot and cranny to ensure that we are satisfied – and we are not the easiest bunch to satisfy!

Here are the main points we look at when rating a Bitcoin Casino:

  • Licencing Body and Trustworthiness
  • Safety and Security
  • Banking
  • Fast Payouts
  • Game Selection
  • Bonuses and Promotions
  • Customer Support

Below you can see a more detailed description of each area we cover when reviewing an online casino before passing it on the recommended casino list. In the case of this article, we are only concerned with online casinos that are taking the giant leap into the digital world of blockchain that makes use of cryptocurrencies.

A: Licensing Body and trustworthiness

Is safe and reliable and has controlled regulations in place.

Each of our top-rated Bitcoin casinos is licensed by the world’s strictest online gambling licenser. An Example of this is The UK Gambling Commission (UKGC) is extremely difficult to obtain a license from. There ‘10 steps to cybersecurity’, and under each of these steps are a set of processes that the casino must prove they have actively implemented.

British consumer laws, financial laws, and data testing laws are also part of the overall licensing process with the UKGC. Each online casino also has stringent tests on its gaming fairness. In addition, independent 3rd party software companies test gaming percentages to guarantee the results of all games at the online casino are fair and random.

  • UKGC Licensed
  • Consumer Rights Laws to protect players
  • Tested by third-party software auditors

B: Safety and Security

Safety and Security IconThis section goes hand in hand with ‘Licensing Body and Trustworthiness.’ We make sure that the Bitcoin casinos we list on OnlineCasinos.net use the highest encryption level required. This means implementing ‘128 Bit encryption’ for all financial transactions and all connections to the online casino.

Furthermore, the casino must also follow strict laws on player privacy. For example, no information about any casino player’s account can be shared with a third party unless required by law. This means the casino must have a safe and secure environment to store member data. Plus, we also test customer services to ensure they are extremely strict with security checks before being allowed to speak with them about one’s casino account.

The above security measurements all tie in with ‘Licensing Body and Trustworthiness. Because it is the licensing body that makes sure the online casino implements security measures under the ’10 steps to cybersecurity’ from the National Cyber Security Centre to ensure that player privacy and secure online connections are the norms.

  • 128 Bit Encryption
  • Strict Player Information Privacy Laws
  • Passes 10 Steps to Cyber Security

C: Banking

No online casino is complete without a decent financial setup. You can have all the games in the world at an online casino, but it is no use if you cannot get your money in or out. Testing withdrawal times as well as deposits, we build an overall picture of how freely the casino allows players to access their cash, withdraw their money for personal use, and how well organized the casino is when it comes to making deposits.

 Aside from Bitcoin, we also cover other banking methods the casino offers. Pay by Phone, Credit Cards, Debit Cards, Wire Transfers, E-wallets, and many other financial options. The casino also has to pass every one of these tests before going on our list.

The transactions also need to guarantee security. This is achieved by 128 Bit financial grade secure encrypted tunnels, which is yet another prerequisite of being able to obtain a license from the UKGC under the ‘’10 steps to cybersecurity’.

  • Test deposits and withdrawals
  • Credit/Debit cards, E-Wallets, etc…
  • 128 Bit Financial Grade Encryption

D: Fast Payouts

Ok, so this can come under banking. However, we firstly look at how well organized the online casino’s banking system is. After this, we then test the speed and accuracy of payouts. This includes pending times applied to a withdrawal, how long it takes for money to arrive in our account after the pending time has passed, currency conversions, and minimum and maximum withdrawal limits.

  • Pending Times
  • Withdrawal Times
  • Min/Max Withdrawals

E: Gaming Selection

At last, the section that most bitcoin casino players want to get to. It is fair to say that one of the biggest mistakes online casino players make is letting the game list influence their decision to play at an online casino. From our own experiences testing hundreds of online casinos, without looking into points A to D above, your online casino experience can quickly turn sour; hence we have left gaming selection until now.

Once the first 4 points above are covered, we test the games. We look at several different areas, and to be honest, this is the lengthiest stage of our testing process. But, of course, it is the most pleasurable side of our work, too, so we don’t mind at all.

Here are some of the tests we take:

  • How many games the casino has on its list
  • The variations of table games offered
  • Mobile and desktop device options
  • Gaming developers (NetEnt/NYX/Quickspin)
  • LIVE casino dealers

As you can see, we must go deep into the gaming sections to ensure that there is a good variety of games. We also consistently check for new releases to ensure the online casino is constantly staying up to date and able to offer their members something fresh every month.

F: Bitcoin Bonuses and Promotions

Another aspect many newbie Bitcoin online casino players look at before checking other essential factors, such as the trustworthiness of a casino, is the bonus programs. It would be best if you looked at this section way after guaranteeing that the casino is trustworthy and that you can actually withdraw your money. Once all the other tests have passed with flying colours, the bonus and promotions are next.

We cover the bonuses extensively because there is more to an online casino’s bonus program than the welcome bonus offer. Welcome bonuses are great to kick start your bankroll with deposit matches. Moreover, you can also get more than just a deposit match – free spins and other no deposit style bonuses will allow you to test the online casino before you play.

After no deposit and welcome bonuses, there are regular bonuses, which can help keep your bankroll topped up all the while you play. After this, if you are a regular player, you will also be interested in the Loyalty and VIP programs the online casino offers. We cover all these areas extensively in our reviews to ensure that you are getting the fill online casino bonus treatment!

G: Customers Support

Although customer support is essential, it is left until last. However, that is not to say we will pass a casino for a recommendation if the customer service is shady. There is no excuse for lousy customer support, and any casino that ignores this vital point is struck off our list.

Testing customer support is something we take very seriously. We have devised lists of processes that outline how we should test the customer support of an online casino we are reviewing. These tests include asking questions that require a human response and not an automated one. We also ask for information, ask about banking, test the customer support regarding games.

All in all, the perquisites we use to test customer support have come from speaking with many other players. For example, they tell us the problems they have had with some online casinos is when they need an answer to a question. So, as a result, we have taken those questions and put them to the casinos we test to see the type of response we get.

Recommended Bitcoin Casinos Today

Bitcoin Casinos iConThe outcome of our tests is a quality and trustworthy Bitcoin casino with excellent benefits via bonuses and a brilliant gaming selection of real money and free online games. You will also be able to rely on the casino’s customer support should you ever need them because we have made sure that the customer service department is up to scratch.

  1. WOW Casino – Exclusive bonus here or Read Review
  2. Casoo Casino Visit Here or Read Review
  3. VegasParadise.com or Read Review
  4. Playojo Visit Here
  5. Bitcasino or  Read Review
  6. Oshi Bitcoin Casino or Read Review

Blacklisted Bitcoin Casinos

We also managed to pick out a handful of Bitcoin casinos that really are not worth your time or effort during our testing process, and some are even scams. Therefore, you must avoid these online casinos. They may look attractive at first glance, but believe us when we tell you that they are best avoided for your own sake.

Here are the online Bitcoin casinos that failed at least 1 of our tests:

  • Euro Play Casino

On the whole, everything went pretty well here until we got their customer services department. They responded at first, and then after this, our messages were in the wind. It is a shame because we did have some real issues with the bonuses, and they were not interested in the slightest when we asked for their help.

  • Grand Reef

The main problem with this casino is that they were very slow with payouts. When we contacted customer services about this, we just received automated messages, so we never actually knew if our withdrawals would ever arrive. In all fairness, eventually, they did but left a sour taste in our mouths, and so we blacklisted them.

  •  Balzac

We have previously had bad experiences with this online casino, even before testing it for Bitcoin. This casino failed almost immediately because we could not figure out where the casino was actually licensed. They claim they are licensed, but there was no evidence of this. Licencing is number 1 on our list, and as such, this online casino needs to go on the blacklist.

Bitcoin Casinos not Mentioned in Our Lists

If there is a Bitcoin casino that you are interested playing at, but it has not been listed in our recommended list or blacklist. Then below, we have listed some of the reasons why we have not placed the casino in either section.

  • The games list is relatively poor
  • Lack of variation in the table games section
  • Lack of mobile support
  • Not enough deposit/withdrawal options
  • Slow payout times but good support
  • Poor quality application and no HTML5
  • No LIVE Dealer Suite
  • New And Not Tested Yet

Another reason we do not place all unmentioned casinos on our Blacklist is that some are not guilty of bad customer support or are financially irresponsible. In addition, they are generally licensed quite well, as if the casino was not licensed at least by the Malta Gaming Authority, we would place them on the blacklist. However, some online casinos might be so new, and the owners are still unknown to the online gambling community, so it is simply too early for us to test them. 

A Guide to Bitcoin Cryptocurrency and Online Casino Gaming

For the most part, nearly all of us have heard of Bitcoin or at least are just beginning to get wind of them. They seem like a fable that only a few people are interested in investing in. Bitcoin or cryptocurrencies are part of a new technology known as the blockchain.

Bitcoin is the first cryptocurrency to have gained widespread attention, which has meant a lot of media coverage. It is a decentralized currency and, in part, anonymous.

Here are some of the key features:

  • Bitcoin does not physically exist as real cash
  • It does not have a central bank like the Bank of England
  • There are currently over 106 million people and businesses owning bitcoins
  • There is no middleman like a bank or financial institute
  • It is still an extremely volatile currency

For many, the fact that crypto cash is not actual real cash has been off-putting. This is understandable, but if you consider Bitcoin’s value jumped from less than $1,000 per coin at the beginning of 2017 to what is estimated to be $34,160 per coin by the turn of the new year heading into 2022, you can see why online casinos are beginning to take note. 

Unique Bitcoin Casino Gambling

The online casinos may have been reluctant in the past to take Bitcoin mainly because of the Currency’s high volatility. Swings of 20-40%+ in any given day or week have meant the Currency has not been stable pre-2017. On the other hand, Bitcoin has been showing incredible resilience, seemingly rising in value, taking vast dips in value and then climbing back up above its peak the very next day or week.

Gambling Bitcoins and not Currency

It is just a case of developing games whereby players can gamble using Bitcoins for online casinos. This helps the online casino decrease the risk of fluctuation in value. For example, if an online casino takes a Bitcoin and exchanges it into Currency such as US$ or GB£, the casino takes all the risk with the Bitcoin because it is such a volatile currency.

A simple solution to decrease any risk on the casino’s behalf is to create actual casino games where the Currency is not US$ or GB£, but instead, Bitcoin you gamble with as the accepted Currency on the casino game.

However, in 2021 and 2022, many online casinos have started using third-party Bitcoin payment solutions to avoid volatile risks. You can now sell your Bitcoin directly on the casino using the third-party Bitcoin payment solutions and get cash to gamble directly in your casino account.

Bitcoin Casinos Can Reduce the House Edge by Up To 2%

A surprising fact that has become apparent when playing at a Bitcoin casino is that the house edge is reduced by as much as 2% on some casino games. This is a big plus for those with a Bitcoin holding.

Now, this is most certainly a key benefit to gambling using Bitcoins, but please make sure that you check the casino’s reputation before you jump in headfirst. As with all online casinos, they make their casino look as attractive as possible with all manner of unique selling points. The problem is that you need to pick out the honest online casinos and reject the not so honest ones.

We mention this quite often in this report, so we hope you heed our advice. Plus, if you are not sure, we promise you that you cannot go wrong with our recommended online casinos, so give them a go if you are unsure.

OUR TOP-RATED BITCOIN CASINOS FOR 2022

There are only five Bitcoin casinos we have found worthy of recommendation. We recommend these casinos for real money gambling. All five have repeatedly shown us that they continue to offer high-quality gaming, complete licensing, and excellent customer support.

  1. WOW Casino – Exclusive bonus here or Read Review
  2. Casoo Casino Visit Here or Read Review
  3. VegasParadise.com or Read Review
  4. Playojo Visit Here
  5. Bitcasino or  Read Review
  6. Oshi Bitcoin Casino or Read Review

As for the differences between these casinos, you will need to read our casino reviews where you will get a fully detailed account of exactly what each of these online casinos has to offer you as a member.

Bitcoin Mobile and Casino App Gaming

As nearly all online casinos have already adapted to mobile technology, there is no reason why Bitcoin casinos would ignore the fact that to be successful, they need mobile games. Therefore, if an online casino does not consider the enormous demand for mobile gaming, we do not blacklist it, and instead, we will just not recommend it.

The best Bitcoin casinos are compatible with:

  • Apple
  • Android
  • Samsung
  • Windows
  • Blackberry
  • Tablets

You will have no problem finding a BTC website with mobile functionality. Many of them will also offer you the chance to choose how you want to play at their casino.

  • Downloadable App

If you prefer to play on your mobile device using a Bitcoin casino app, you can. Casinos like Vegas Paradise, Jackpot Paradise and Cloud Casino all offer downloadable apps for iOS and Android devices.

  • HTML5 Web Browser Play

One of the latest trends in today’s current web development industry is the use of HTML5 and Java coding. This advanced code allows the browser to render it at high speeds. This has meant that websites such as online casinos can now code in complex and high graphics-intensive games that can be accessed directly via a browser instead of an app.

The very best online casinos use HTML5 as an option for their users. This means there is no need to download an application to your mobile phone. Instead, just visit the casino from your browser and log in. The game lists will be readily available so you can play Bitcoin casino games directly from your mobile.

Where Can I Buy Bitcoins?

If you already have a Bitcoin account, then no problems at all, as you are no doubt already very familiar with the inner workings of the currency. However, for those who are new and looking to invest in Bitcoin, read on!

  • It is always a good idea to read reviews about Bitcoin wallets to help choose the best one for you.

Choosing a Bitcoin provider should not be taken lightly. You may need to read entire reviews on which Bitcoin wallets are the best to use, something not too dissimilar from reading about Bitcoin casino reviews or a casino review itself.

But here are some of the safe ones you can use to buy Bitcoins.

Coinbase.com – Coinbase is on the US stock exchange and is an excellent & safe place to buy bitcoins. You can buy Bitcoins there using a visa, MasterCard and many other payment options.

Binance.com is another good place as the fee are lower. However, it is not as trusted as Coinbase, but on the other hand, it’s the world’s largest crypto trading platform, with millions of members from all parts of world.

Once you have signed up for an account, you can start buying Bitcoins.

How to Setup a Bitcoin Account

Bitcoin accounts are easy to set up once you have found the right wallet for your investment. With so many cryptocurrency wallets out there, the competition is rife, and you can imagine that they all go out of their way to make it as easy as possible for you to open an account.

If you are a total beginner, then you can relate opening a Bitcoin wallet to opening a casino account. You will need some form of verification and an email address. For those of you who already have an e-wallet, such as Neteller, Skrill or PayPal, the process is pretty much the same.

Step 1: Go to your chosen e-wallet website. There are plenty out there, as mentioned. If you want a recommendation, then try something like Coinbase. You will get $10 complimentary, and you can earn $10 worth of cryptocurrency on top. You have a choice of a hardware wallet or a software wallet. If you need more information, then browse to bitcoin.org for more details.

Step 2: When you are fully verified, then you can now look at the prices of Bitcoins and the option available to you. You don’t have to buy them if you have a friend willing to transfer some to your wallet. If you buy them, you can use your real money from your bank to purchase Bitcoins. Alternatively, you can go to an online exchange to get your hands on Bitcoins. With the site mentioned above, for example, Coinbase, you can use a bank transfer or visa and MasterCard.

Step 3: Once you have purchased your Bitcoins, you can now head over to one of our recommended Bitcoin casinos and fund your casino account using Bitcoins. If you already have an account, head over to the cashier and use Bitcoin as your preferred payment method for the current deposit.

Frequently Asked Questions

What are Bitcoins?

Bitcoin is part of something called the blockchain. This world of digital currencies is mostly anonymously traded and used to make purchases or exchanges. In many cases, you can pay for products and services that you would typically use real cash.

How does Bitcoin work?

For the most part, people will find an online website such as Coinbase, where they can sign up for an account. This account is effectively an e-wallet that is used to hold your bitcoins. There is also a way to get Bitcoins by mining, which is quite complicated.

 To become a miner, you need an app installed on your computer. The app will help generate Bitcoins on an interconnected network. That network can generate more coins, but unlike real cash, whereby printing too much will devalue the currency, Bitcoin mining does not. Instead, each Bitcoin has an e-signature, and when one is mined, it needs an e-signature assigned to it. With the e-signature, the coin will become part of the Bitcoin network and pick up the current market value of a Bitcoin.
You can read more about mining Bitcoins here.

 Can I use Bitcoins to fund my casino account?

With the huge burst in popularity of Bitcoin, an increasing number of reputable online casinos are starting to implement a Bitcoin gaming portfolio. Yes on many online casinos you can.

 Are Bitcoins safe?

They are nearly as safe as an e-wallet such as PayPal. The chances of being hacked are very low, and if you have a decent e-wallet provider, this should not be a problem. As for the fluctuation in the value of Bitcoins, this is always a risk with Bitcoin. We have seen the value of a single Bitcoin rise up to over $60000 for then to fall back to the $30000 range within one year. At the time of this writing, it is in the $37000 range. So yes, there is a significant risk here for BTC to go both ways.

 Do Bitcoins Offer Quick Deposits and Withdrawals?

For Bitcoin casino players, deposits and withdrawals are instantaneous. You will have no downtime at all either way your Bitcoins go.

 Are there transaction fees associated with Bitcoins?

As there is no middle man, Bitcoins are sent using peer-to-peer transactions. This means that any transaction fee associated with a Bitcoin exchange is very low – much lower than when dealing with a bank where either the player or casino has to foot a charge for using their service.

You might want to read:

Security Tips for Gambling Safely Using Bitcoin

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