Bitcoin and Crypto gambling sites are experiencing a rise in popularity as more and more players are dabbling into cryptocurrencies themselves, along with the advantages that transacting in crypto brings.
Before we share with our list of who we think is the best or a great bitcoin casino and crypto casino, let’s look at a few terms and help demystify them for a clearer understanding.
Here are some of the best bitcoin casinos:
- Red Dog
- King Billy
- Ignition Casino
- Red Stag Casino
- Win A Day Casino
What are Cryptocurrencies?
A cryptocurrency is defined as virtual or digital currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. The word itself is derived from the encryption techniques which are used to secure the network.
Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers.
There are many types of cryptocurrencies now available in the market (around 10,000 as of April 2021) but generally fall into one of two categories: Tokens and Coins.
The most popular ones are Ripple, Etherum, and Bitcoin.
What is Bitcoin?
Bitcoin is the most popular and familiar type of cryptocurrency in the world. It was created in January 2009 by the mysterious Satoshi Nakamoto (not even this person’s real name). Bitcoin is commonly abbreviated as “BTC” and “offers the promise of lower transaction fees than traditional online payment mechanisms.”
Just like the rest of the cryptocurrencies, it is decentralized and runs on blockchain technology.
Can you gamble with Bitcoin and other cryptocurrencies?
Over the last five years, bitcoin and crypto have been gaining lots of traction that more and more people are now starting to realise their potential. Because of its increased popularity, it is now being included as a payment option for many online businesses – online casinos included.
While there are no specifics laws regulating crypto gambling, bitcoin gambling and betting using other forms of crypto is possible. You just have to take note that attitudes towards the use of cryptocurrency can vary from country to country. There are also a few gambling jurisdictions that enable a bitcoin casino to accept such payments, so as long as the online casino follows the rules and regulation of its jurisdiction, you can breathe easy as it is operating legally.
How to start bitcoin gambling
To start gambling on a bitcoin casino, you have to have the following set up if you wish to deposit withdraw funds in the form of bitcoin and other cryptocurrencies:
- Cryptocurrency of choice – Bitcoin and Ethereum are widespread, and chances are, they are allowed in almost every online crypto casino.
- Crypto virtual wallet – Cyrptocurrencies cannot be transferred from one online account to another without a digital wallet. Do your research and sign up for a reputable wallet service. Some even come with an exchange feature so you can easily buy or exchange standard currencies for cryptocurrencies. In case your wallet does not come with the exchange feature, you can buy bitcoins at a Bitcoin or BTC ATM.
- Making a deposit – After buying your currency of choice, you can now wire them onto your online casino account then play as much as your deposit allows. Likewise, after winning money, you can subsequently withdraw your payout using this wallet and even exchange the cryptocurrency for standard legal money.
Our best bitcoin casino list for 2021
Criteria we used
We considered the following in helping us pick which made our list:
- Range of casino games
- Deposit and withdrawal options
- Bonuses and promotions
- Extra features
- User interface
MYBET88 was established in 2013 and has a great collection of casino games, surprisingly advantageous bonuses, a juicy VIP program, and quick customer support that allow players to enjoy play and enjoy the games to their fullest extent.
When it comes to payment methods, you can use MasterCard, Neteller, Skrill, QIWI, and many more while Cubits is used to deposit and withdraw bitcoins (there is a small 0.2% fee tho). All transactions are guaranteed safe and secure as the site is protected by SSL encryption protocol.
First on our list for the best bitcoin casino is Red Dog. Red Dog is known for its high RTP slot games and fair play. It is also considered as having the best bitcoin payout. Not only does Red Dog have a huge selection of games to choose from, they have a great welcome bonus too.
King Billy Casino is a new generation online casino that plays on the whole “royalty” theme very well. King Billy himself is a 3D persona and is everywhere – from giving welcome bonuses to introducing a game, and even writing his own blog!
King Billy is a bitcoin-friendly casino as it has free spins and a promotion called “King’s Miners” where bitcoin players get a 51% weekly bonus.
If you’re a crypt player and love playing poker and blackjack, then Ignition Casino is the right kind of casino for you! You can have your pick of casino games, virtual bitcoin games, live poker, and more.
Their bitcoin poker has multiple options for you to try such as ‘Play Now’ and ‘Tournaments.’ They also have a number of different referral, deposit, and welcome bonuses available.
Red Stag Casino
Tremendously popular among players from Singapore is the Red Stag Casino. Red Stag first made an appearance in 2015 and has been growing in popularity ever since, thanks to their very generous welcome bonus of SG$5,500 plus free spins.
They have wide banking options for you to choose from including Master Card, Visa and American Express, as well as Skrill, Neteller, SOFORT, Paysafecard and Bitcoin.
Win A Day Casino
A sister site of Slotland Casino, Win A Day is a registered and fully licensed casino owned and operated as a registered subsidiary of Slotland Entertainment SA. Win A Day boast of having 100% unique games that can’t be found at other Singapore casinos.
Win A Day is known for having a generoud rewards scheme while their VIP Program takes it to another level – the 4-tierd VIP program that starts from Bronze to Platinum offers spectaular perks and advantages, making it one of the best online. These include a free cash bonus at each level of up to $300, up to 250% as a welcome match, increased monthly cashback bonuses on deposits, and the chance to earn up to 3x more comp points.
VIP members also get to enjoy more frequent withdrawals compared to other sites.
Bovada is known for its sports gambling (over 35 leagues to bet on and you can even bet on camels, supercars, greyhounds, and virtual basketball and soccer leagues) and it’s one of the few sites that allows and accepts bitcoin as a payment method. Bovada has a dedicated horse racing book on the casino site. Unlike other bitcoin casinos that offer virtual sports racing, Bovada users can bet on live horse races. The bitcoin bettor can choose from different tracks, betting futures, and has the option for virtual betting like the other websites have.
Bitstarz first exploded into the scene in 2014 and has gained a loyal fanbase ever since. Bitstarz is a casino that puts the emphasis on fun but is also known for having one of the best customer support in the industry.
What makes this casino also stand out is that it gives new players a welcome package that includes 20 free spins without even making a deposit (which is unheard of for bitcoin casinos). Their first deposit will be matched 00% up to 1BTC (or $100) plus an astounding 180 free spins!
7Bit Casino is known for its sheer game selection. They have your classic slot games, live games, and table games BUT with over 4000 variations of them.
They have 11 gaming providers on their site and each has its own section so choosing which games to play and by whom will be a bit easier to do.
7Bit also has a jackpot section wherein the jackpot is just a little over 20,000 BTC.
Now that you’ve learned about BTC and other cryptocurrencies and how to make use of it while playing and betting online, we hope that this article has made you a little more confident when it comes to betting online.
We hope that you have a fun gaming experience and your wallet be filled with more coins as you further explore and enjoy the games that these online bitcoin casinos have to offer.
Articles like this aim to give readers an idea of how the working of online gaming go and that it helps everyone get a fair chance of having a win or two.