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Introduction

Casinos have evolved with technology over the years. The major revolution in the industry is the advent of crypto casinos. Bitcoin online casinos have made online betting and gambling less hectic and more transparent. Apart from Bitcoin, deposits can also be made via some other cryptocurrencies such as Ethereum, Litecoin, Doge and the list goes on.

Why are bitcoin online casinos getting popular?

Online bitcoin casinos are getting popular for quite several reasons. Here are some of them.

Ease of use:

Many online cryptocurrency casino sites offer very simple online betting games such as bitcoin live casino games that are newbie-friendly. Many times, all one has to do is chip in, click the mouse and wait on the god of luck.

Accessibility:

Online crypto casinos can be accessed anytime and anywhere as long have you have a working internet connection. Also, because cryptocurrencies are accepted, a lot of countries that are not previously allowed to create accounts with online casinos are now included. Since cryptocurrencies are getting popular all over the world, anyone anywhere who wishes to try his/her luck with online casino games can do so with ease.

Higher and faster payouts:

Payouts from cryptocurrency-based online casinos tend to be higher and faster than their fiat counterparts. Crypto casinos tend to pay up to 30 percent more than fiat casinos. These casinos usually pay within 12 to 24 hours, as against fiat casinos that may take from three to five working days to process payouts.

Another advantage of crypto payments is the low transaction fees that are charged per transaction. Hence, if a player is to pay for the transaction fees, he will spend less on an online crypto casino than he would on a fiat casino.

Anonymous betting:

Players on crypto-currency based online casinos can create anonymous profiles, make deposits, and withdraw earnings without giving out their details. This makes crypto casinos relatively more appealing and relatively safer to use than the fiat ones. Fiat casinos do require lengthy registration and verification processes that can sometimes make players uncomfortable.

Transparency:

Thanks to blockchain technology, users can know whether the payments have been sent or not. Old claims by players that payments sent by fiat casinos did not deliver are not tenable nowadays. You and other bitcoin users can monitor bitcoin transactions and determine if payment for winnings are sent or not by the casino.

Why should you use bitcoin for gambling?

Bitcoin remains the most dominant cryptocurrency in the world. Apart from being the most widely accepted cryptocurrency, based on Coinmarketcap statistics, holding on to bitcoin for a while before selling can give huge profits. You may choose to sell your bitcoins any time you wish as there is always a high demand for it.

Furthermore, it has been observed that the algorithm used in Bitcoin games such as dice, poker, and a host of others are fair. This means you have a higher chance of winning on bitcoin casinos than fiat casinos.

How do I get bitcoins to play online bitcoin casino games?

You can create a bitcoin wallet online or on your smartphone. Register with Coinbase. You can fund your bitcoin wallet with a debit card or purchase directly from other bitcoin users who are willing to sell their bitcoins.

The best bitcoin online casinos

In this bitcoin online casino guide,we have considered a set of criteria which include:

  • Actual player experience
  • Anonymous registration
  • Fast payouts
  • Options for withdrawal in bitcoin/altcoin or fiat currencies
  • Welcome bonus
  • Provably fair

#1. Syndicate Casino

syndicate.casino is a highly trusted online casino. It has been providing fair games since 2014. It is fully licensed and well-regulated. It is also available to US citizens.

  • Fast and anonymous registration
  • Instant Bitcoin deposit into player’s account
  • 100% bonus on first deposit up 0.5 BTC
  • Accepts BTC, BCH, ETH, LTC, DOGE
  • Swift payouts (within hours)
  • Hundreds of casino games to play
  • Mobile compatibility (Android, Windows phone, iPhone and iPad)

#2.BetChain

Founded in 2013, BetChain offers impressive customer service. They recently added the fiat payment withdraw features. Many users rank BetChain as one of the top-rated online bitcoin casinos.

  • 24/7 customer support
  • Offers provably fair games
  • Accepts BTC, DOGE, LTC, ETH, and e-wallet and credit cards
  • 100% deposit bonus of up to 1 BTC
  • Payouts deliver within 24 hours
  • Mobile compatibility (Android, Windows phone, iPhone and iPad)

#3. mBit

mBit has been online since 2014 and has built a high reputation for itself over the years. It is fully licensed and well-regulated in Curacao where it is based.

  • 110% first deposit bonus up to 1 BTC
  • Fast and anonymous registration
  • Mobile compatibility (Android, Windows phone, iPhone and iPad)
  • Lots of games to play
  • US players are allowed.

Conclusion

Please note that betting on online casinos comes with the risk of losing money. It is wise not to risk more than you can afford to lose. On the brighter side, many players have plenty of lucky days with online bitcoin casinos. You can try your luck, too.

Finally, be wary of new online casinos, as many of them tend to scam players and cart away their money.

Have you used a Crypto Casino Site previously or you are currently a player in one? Share your experience with us. We’ll like to hear from you.

image by Shutterstock

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