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Last Updated: November 18, 2018

Bitcoin Gambling

Introduction

If you have been gambling online for a while you may have heard about Bitcoin casinos. This is an area of gambling that debuted a few years ago, starting off as an underground method for players to gamble on sports to casino games. As the years have gone on and Bitcoin is becoming accepted as a legitimate currency, many established online casino operators have begun to accept Bitcoin as a lucrative way to get more customers to come through their doors.

If you are new to the world of Bitcoin gambling, I have assembled the following guide to help you understand the world of this currency, and address the potential issues that players using Bitcoin may encounter.

A History of Bitcoin

Bitcoin is a completely cyber form of currency, using a series of characters to build up a unique identifier to make the cryptocurrency unique. It was created in 2008 by Satoshi Nakamoto (which could be a real person, an alias, or a group of people), and has grown to become the world's most popular virtual currency. Bitcoin is created through a process known as mining, where computers use their computing resources to try to form the Bitcoin, and there are many benefits to owning and possessing Bitcoin.

Bitcoin has grown in popularity over the years thanks to its Peer to Peer use, anonymity, and fact that the currency is decentralized, meaning that it can't simply be taken away from you by a government entity. Unfortunately though, Bitcoin has recently been breached by hackers, who found a way into Bitcoin wallets and put the currency at risk of being stolen by criminals.

Conversely, Bitcoin has been seen as a front for a lot of criminal activity that isn't stable in terms of inflation. Prices for the currency have fluctuated wildly, starting at a few cents when it first popped onto the market before skyrocketing to more than $1,000 per coin before suffering a series of crashes and currently sits at roughly $265 a coin.

The ebbs and flows of this currency have brought Bitcoin into the news, as the 2013 run on banks in Cyprus ended up seeing many residents of the island country pulling their money from the banks and investing in the currency, as the financial stability in the country was teetering. This exposure brought about the conversation as to whether Bitcoin was a fad or a lasting trend, a conversation that continues to this day.

Moving forward, it is difficult to gauge exactly what Bitcoin will look like going forward. It is becoming more difficult to mine Bitcoin, and the fluctuations in price are a definite concern. With that being said, it does appear that the casino industry does believe in Bitcoin and there will likely be spots to play with this currency in the near future.

How to Buy a Bitcoin

It can be a bit intimidating to buy your first Bitcoin, but there are plenty of ways to discover how to purchase this virtual currency. The registration process for buying Bitcoin looks something like this:

  • Register for an account with a Bitcoin wallet. There are many choices out there, including Bitcoin Core, Bitcoin Wallet, Airbitz, Hive, and Electrum.
  • Link your bank account to your Bitcoin wallet.
  • Purchase your Bitcoins through the wallet solution you have chosen to install on your card.

How to Deposit Using Bitcoin

Depositing at a casino using Bitcoin is pretty simple process, and not dissimilar from what you would experience if you deposited via an e-Wallet. Players will have to enter in their wallet information and enter in the amount they want to transfer to the casino.

The withdrawal process is very similar to the deposit process, and would see the casino paying your Bitcoin wallet in that currency.

Benefits of Bitcoin Casinos

When it comes to online gambling, Bitcoin is an attractive currency for the above-mentioned benefits. Bitcoins can be split into any number of sections, allowing players the chance to get in on the action. For players in countries that restrict internet gambling, Bitcoin casinos provide the benefit of anonymity as well as the lack of fees attached to using the currency.

Downsides of Bitcoin Casinos

There are a few downsides attached to casinos that use Bitcoin as their primary source of funding. Many of the sites that had operated in the past did struggle with being unlicensed or scams, and even some reputable spots like Seals With Clubs were not stable and collapsed at the first sign of trouble.

A big downside of Bitcoin Casinos is that not many mainstream software developers had jumped in to support them until last year. Because of this you will see that while there aren't many Bitcoin casinos to begin with, there are fewer that offer the big games from quality developers like Microgaming.

Software Developers Supporting Bitcoin

Although there aren't as many gambling software developers out there supporting Bitcoin casinos, there are some high quality names that do offer games to players using the virtual currency.

The biggest proponent of Bitcoin gambling thus far appears to be BetSoft, whose 3D slots have popped up on more casinos than any other software. Other big names that are prominently seen as providing Bitcoin related gambling services are Microgaming and Aristocrat. There are a handful of smaller software providers who also provide their games to casinos using Bitcoin, but for the most part these casinos are lacking licensing and they do not make themselves open to independent audits to ensure fair play.

Bitcoin Poker

Although casinos are generally just starting to come into their own when it comes using Bitcoin, online poker is a bit more established in this market, and you will find some bigger spots offering Bitcoin transactions for poker. The largest of these is America's Cardroom, which targets the American gaming market although players from other jurisdictions are able to log in and play as well.

Just like with older casinos, the most popular Bitcoin poker rooms were sites that operated in a grey market of sorts. The previously mentioned Seals With Clubs was very popular among Bitcoin users until its recent closure, showcasing the lack of stability that can come with using a virtual currency that is not backed by a national treasury.

Bitcoin Casinos

Bitcoin Casinos (263)

Name Wizards Seal US Friendly  Play
Oshi Casino
YES NO Visit Casino >
Win2Fun Casino
NO NO -
Wild Tornado Casino
NO NO Visit Casino >
Slotland
YES YES Visit Casino >
Villento Casino
YES NO Visit Casino >
BlackJack Ballroom
YES NO Visit Casino >
Omni Casino
YES NO Visit Casino >
Grand Mondial
YES NO Visit Casino >
Win A Day Casino
YES YES Visit Casino >
Superior Casino
YES YES Visit Casino >
Mars Casino
NO NO Visit Casino >
RedStar Casino
NO NO Visit Casino >
Slotastic
YES YES Visit Casino >
Jackpot Capital
NO YES Visit Casino >
YakoCasino
NO NO Visit Casino >
Intertops Red Casino
YES YES Visit Casino >
Lucky Club Casino
YES YES Visit Casino >
Golden Reef Casino
YES NO Visit Casino >
Casino-X
NO NO Visit Casino >
Slots.lv
YES YES Visit Casino >
Sloto'Cash Casino
YES YES Visit Casino >
mBitCasino
NO NO Visit Casino >
Springbok Casino
NO NO Visit Casino >
LaRomere Casino
NO YES Visit Casino >
BitStarz
NO NO Visit Casino >
La Riviera Casino
NO NO Visit Casino >
Grande Vegas
YES YES Visit Casino >
Jetbull Casino
YES NO -
Pinnacle Sports Casino
YES NO Visit Casino >
Casino Brango
NO YES Visit Casino >
Wintika
NO NO Visit Casino >
Bovada
YES YES Visit Casino >
Celtic Casino
NO NO Visit Casino >
Red Stag Casino
YES YES Visit Casino >
Omni Slots
NO NO Visit Casino >
Lucky31
NO NO Visit Casino >
Bodog
YES NO Visit Casino >
BetChan Casino
NO NO Visit Casino >
Uptown Aces
YES YES Visit Casino >
Bodog.com
YES NO Visit Casino >
Drake Casino
YES YES Visit Casino >
BetChain
NO NO Visit Casino >
Dafabet / Dafa888
NO NO Visit Casino >
Space Lilly Casino
NO NO Visit Casino >
DrueckGlueck
NO NO Visit Casino >
Café Casino
YES YES Visit Casino >
Grand Hotel Casino
YES NO Visit Casino >
Joo Casino
NO NO Visit Casino >
Fonecasino
NO YES Visit Casino >
Betstreak Casino
NO NO Visit Casino >
Casino Extreme
YES YES Visit Casino >
MegaCasino
NO NO Visit Casino >
Liberty Slots Casino
YES YES Visit Casino >
Punt Casino
NO NO Visit Casino >
All You Bet Casino
NO YES -
Kudos Casino
YES YES Visit Casino >
Intertops Casino Classic
YES YES Visit Casino >
SlotV Casino
NO NO Visit Casino >
Wunderino Casino
NO NO Visit Casino >
WikiWins Casino
NO NO -
Fair Go Casino
YES YES Visit Casino >
24VIP Casino
YES YES Visit Casino >
Wonclub Casino
NO NO Visit Casino >
Fun Casino
YES NO Visit Casino >
Winward Casino
NO NO Visit Casino >
Lincoln Casino
YES YES Visit Casino >
TigerGaming Casino
NO NO Visit Casino >
GunsBet Casino
NO NO Visit Casino >
Grand Eagle
NO YES Visit Casino >
Ignition Casino
YES YES Visit Casino >
CasinoExtra
NO NO Visit Casino >
7BitCasino
NO NO Visit Casino >
Cadoola Casino
NO NO Visit Casino >
Lucky Hippo Casino
NO YES Visit Casino >
EmuCasino
YES NO Visit Casino >
Slots.com
YES NO Visit Casino >
Paradise 8 Casino
NO NO Visit Casino >
Fairway Casino
NO NO Visit Casino >
Joe Fortune Casino
YES NO Visit Casino >
Casino Max
YES YES Visit Casino >
Dublinbet Casino
NO NO Visit Casino >
Jackpot Wheel Casino
NO YES Visit Casino >
Gold Club Casino
NO NO Visit Casino >
Joy Casino
NO NO Visit Casino >
GTbets Casino
NO YES Visit Casino >
Mandarin Palace
NO YES Visit Casino >
MyWin24
NO NO Visit Casino >
iNetBet
YES YES Visit Casino >
Colosseum Casino
YES NO Visit Casino >
Roaring 21 Casino
YES YES Visit Casino >
iLUCKI Casino
NO NO Visit Casino >
Lotus Asia Casino
NO YES Visit Casino >
King Billy Casino
NO NO Visit Casino >
Miami Club Casino
YES YES Visit Casino >
Cherry Jackpot
YES YES Visit Casino >
Cocoa Casino
NO NO Visit Casino >
Slots Village
NO NO Visit Casino >
Betin
NO NO Visit Casino >
21Dukes
NO NO Visit Casino >
7Reels Casino
NO NO Visit Casino >
Vegas Crest Casino
YES YES Visit Casino >
Always Vegas
NO NO Visit Casino >
Spartan Slots
YES NO Visit Casino >
Everum Casino
NO NO Visit Casino >
138fa Casino
NO NO Visit Casino >
HappiStar
NO NO Visit Casino >
Bodog88
YES NO Visit Casino >
BitCasino.io
NO NO Visit Casino >
VIP Stakes
NO NO Visit Casino >
Casino Estrella
NO NO Visit Casino >
CryptoSlots Casino
YES YES Visit Casino >
DaVinci's Gold Casino
NO NO Visit Casino >
Mayan Fortune Casino
NO NO -
Casino.com
NO NO Visit Casino >
PropaWin
NO NO Visit Casino >
VegasCasino
NO NO Visit Casino >
Mansion Casino
NO NO Visit Casino >
Treasure Mile
NO YES Visit Casino >
WagerWeb Casino
NO YES Visit Casino >
Thunderbolt Casino
NO NO Visit Casino >
BoVegas Casino
NO YES Visit Casino >
Luckystar.io
NO NO Visit Casino >
Casdep Casino
NO NO Visit Casino >
VIP Slots Casino
NO NO Visit Casino >
Box 24 Casino
YES NO Visit Casino >
Lucky Creek
NO YES Visit Casino >
AU Slots
NO NO Visit Casino >
Megawins Casino
NO NO Visit Casino >
Bet N Spin
NO NO Visit Casino >
GrandWild Casino
NO NO Visit Casino >
Gossip Slots
NO YES Visit Casino >
WizBet Casino
NO YES Visit Casino >
Two-Up Casino
NO YES Visit Casino >
5Dimes
NO YES Visit Casino >
Uptown Pokies
YES YES Visit Casino >
BetBit Casino
NO NO Visit Casino >
Yebo Casino
NO NO Visit Casino >
MYB Casino
NO YES Visit Casino >
7Spins Casino
NO NO Visit Casino >
Queen Casino
NO NO Visit Casino >
Raging Bull
NO YES Visit Casino >
Vegas2Web Casino
NO YES Visit Casino >
BitBet
NO YES Visit Casino >
Casino Token
NO NO Visit Casino >
Silveredge Casino
NO NO Visit Casino >
Llama Casino
NO NO Visit Casino >
Diamond Reels Casino
NO YES Visit Casino >
Buff88 Casino
NO NO Visit Casino >
3Dice Casino
NO YES Visit Casino >
Black Diamond Casino
YES NO Visit Casino >
Jumba Bet Casino
NO YES Visit Casino >
Lucky Red Casino
NO YES -
SlotsHeaven
NO NO Visit Casino >
VietBet Casino
NO NO Visit Casino >
Ace Live Casino
NO NO -
TopBet Casino
NO YES Visit Casino >
MrXbet Casino
NO NO -
Black Lotus Casino
NO YES Visit Casino >
Thebes Casino
NO NO Visit Casino >
Free Spin Casino
NO YES -
BetSwagger Casino
NO NO Visit Casino >
Pornhub Casino
NO NO Visit Casino >
AcePokies Casino
NO NO Visit Casino >
Mongoose Casino
NO NO Visit Casino >
Play7777 Casino
NO NO -
Casino Moons
NO NO Visit Casino >
Casino Dingo
NO NO Visit Casino >
PlayBlackjack
NO YES Visit Casino >
TTR Casino
NO NO -
Betcoin.ag Casino
NO YES Visit Casino >
Calvin Casino
NO NO -
Cash o' Lot Casino
NO NO Visit Casino >
BetOnline Casino
NO YES Visit Casino >
Pantasia Casino
NO NO Visit Casino >
AC Casino
NO YES Visit Casino >
Grand Fortune Casino
NO YES Visit Casino >
Winbig21 Casino
NO YES -
Rich Casino
NO NO Visit Casino >
Aladdins Gold Casino
NO YES -
Wild Casino
NO YES Visit Casino >
Play2Win Casino
NO NO Visit Casino >
Titanbet Casino
NO NO -
Club World Casino
NO YES -
Tropica Casino
NO YES Visit Casino >
ZigZag777 Casino
NO NO Visit Casino >
Club SA Casino
NO NO Visit Casino >
Slot Powers
NO YES Visit Casino >
BetAnySports
NO YES Visit Casino >
Mega Vegas Casino
NO YES -
All Star Slots
NO YES -
HeavyChips Casino
NO NO Visit Casino >
Exclusive Casino
NO YES -
Simon Says Casino
NO NO Visit Casino >
Manhattan Slots Casino
NO YES -
Highnoon Casino
NO YES -
Bella Vegas
NO YES Visit Casino >
Split Aces Casino
NO NO -
Majestic Slots
NO NO Visit Casino >
Royal Planet Casino
NO YES -
Playamo Casino
NO NO Visit Casino >
Cherry Gold Casino
NO YES -
Sportsbook Casino
NO YES -
BetPhoenix Casino
NO YES Visit Casino >
VegasCasino.io
NO NO Visit Casino >
Island Casino
NO NO -
Juicy Stakes Casino
NO YES Visit Casino >
Ruby Slots Casino
NO YES Visit Casino >
Slotter Casino
NO YES -
Reeltastic Casino
NO NO Visit Casino >
CRUSHIT Casino
NO YES Visit Casino >
Buzzluck Casino
NO YES -
Palace of Chance
NO YES Visit Casino >
Club Euro
NO NO -
Slot Madness
NO YES Visit Casino >
Royal Ace
NO YES Visit Casino >
Bogart Casino
NO YES Visit Casino >
Prism Casino
NO YES -
Casino Blu
NO NO Visit Casino >
Rockbet
NO NO Visit Casino >
Sportbet Casino
NO YES -
Moneystorm Casino
NO YES Visit Casino >
Silver Oak Casino
NO YES Visit Casino >
Ph.Casino
NO NO Visit Casino >
Players Only Casino
NO YES -
Cool Cat Casino
NO YES Visit Casino >
Pamper Casino
NO YES Visit Casino >
Sahara Sands
NO YES Visit Casino >
Linesmaker Casino
NO YES -
Casino Fiz
NO NO Visit Casino >
Planet 7 Casino
NO YES Visit Casino >
The Virtual Casino
NO YES Visit Casino >
Gibson Casino
NO YES -
Wild Vegas Casino
NO YES Visit Casino >
ClubVegas999
NO NO -
Just Bet Casino
NO YES -
EuroFortune
NO NO -
Boombet Casino
NO NO -
BitcoinPenguin
NO YES Visit Casino >
Villa Fortuna
NO YES -
Riviera Play Casino
NO NO -
Sekabet Casino
NO NO Visit Casino >
Slots 7 Casino
NO YES Visit Casino >
Atlantic Casino Club
NO NO -
Casino Royal Club
NO NO -
Captain Jack Casino
NO YES Visit Casino >
RoadHouse Reels
NO YES -
Bet US Casino
NO YES -
Slots of Vegas
NO YES Visit Casino >
Big Dollar Casino
NO YES -
Slots Jackpot
NO NO -
BTC Casino
NO NO Visit Casino >
Club Player Casino
NO YES Visit Casino >
Twist Casino
NO NO -
Vegas Strip Casino
NO YES -
Burnbet Casino
NO NO -
Casino Grand Bay
NO YES Visit Casino >
Tradition Casino
NO NO Visit Casino >
Parklane Casino
NO NO Visit Casino >
Dreams Casino
NO YES Visit Casino >
Euromoon Casino
NO NO Visit Casino >
Crazy Luck Casino
NO YES -
Lake Palace
NO YES -
Jupiter Club
NO YES Visit Casino >

Conclusion

There is a lot to like about Bitcoin, but there is also a high amount of uncertainty when it comes to its value against traditional currency such as the Dollar, Pound, or Euro. While it is great to see big betting names such as Microgaming and Aristocrat beginning to support this cryptocurrency, it looks like there will still be some time before the Bitcoin gambling world reaches maturity.

With that being said, there are still some quality, regulated online casinos that do accept Bitcoin, and if you are the type of player who wants to use your Bitcoins to gamble, there are good places to do so. We urge players to exercise caution if they are planning to play at casinos that use Bitcoin, making sure to read reviews, study the licensing of the operator, and using common sense while playing.