Register and play online with us here at www.bitcoincasino.us and feel safe in the knowledge that you are a member of the most trusted bitcoin casino in the United States. What's more we are the only bitcoin casino to give you provably fair games, total anonymity, instant payouts, the highest bonuses on offer from ANY bitcoin casino and a 24/7 customer support. Bitcoin Gambling Sites Guide. Gamblers (especially in the United States) and gambling sites have become enamored of Bitcoin as a banking method recently. In fact, we’d go so far as to say that Bitcoin is the best banking option available to players in the United States. But players from other countries shouldn’t discount Bitcoin, either. Jun 04, 2019 Online betting has taken the world by storm in recent years. Today, Bitcoin sportsbooks are among the best gambling sites on the internet, providing an incredible array of wagering opportunities. The range of sporting events, as well as the spreads and lines available on these sites rival any fiat-currency sports betting website. Some of these. Best Bitcoin Gambling Sites in 2019 Here, you’ll find everything you need to know about online gambling with Bitcoin safely. As well as a wealth of information, you’ll find several recommended Bitcoin gambling sites which accept US players. Here is the list of the most widely-used cryptocurrencies for gambling: Bitcoin (BTC). Ethereum (ETH). Bitcoin Cash (BCH). Dogecoin (DOGE). Litecoin (LTC).
The bitcoin craze – should you jump on the bandwagon and use the cryptocurrency as an alternative fund to your online gambling pastime?
For those who don’t already know – bitcoin is a type of cryptocurrency. Cryptocurrency refers to a specific type of digital currency that is intangible and not regulated or monitored by government agencies. This means that your transactions are not recorded, traceable, or trackable by anyone but you.
Best Bitcoin Casino Sites - 2019. Check out our reviewed, tested, carefully selected list of the most trustworthy Bitcoin casinos in 2019. We won and lost on all of these sites so you don’t have to.
It also means that hackers are far less likely to be able to infiltrate your account or personal information by way of your bitcoin wallet, unlike banks or credit cards that are more susceptible. For that reason alone, it is enticing for those who frequent online casinos or sports betting sites, because their money and information will ultimately be safer from hackers or untrustworthy sites.
Since bitcoin gained momentum and popularity around 2015, other types of cryptocurrencies have hit the market, but this article will be speaking specifically about bitcoin. Is real money bitcoin gambling for you? Hopefully after you’ve read through the pros and cons, you’ll know for sure.
If you do decide to give it a go, we’ve provided a list of real money bitcoin gambling sites to get you started.
Our Top Recommended Bitcoin Gambling Sites
Convenience or Safety, Do You Have to Choose?
The hysteria and intrigue surrounding bitcoin has made it the perfect tool for gambling sites to use to attract new customers who want to test the full capabilities of their newly purchased currency. Now that the hysteria has died down, and the reliable online casinos and gambling sites have shone through the unreliable ones, it is relatively safer to use the currency on these formats.
In Ireland, you can even win bitcoin through a special lotto draw. But, in countries that have not officially legalized online gambling, you have to do a little bit more digging. You are better off going with a big-name site, because they are more likely to remain stable and capable of timely payouts.
Because there are now established, trustworthy real money bitcoin gambling sites, you don’t have to worry quite as much, but there will always be a risk: just like with any online gambling site. In addition, there are new regulations and laws that have been passed that require real money bitcoin gambling sites to have a license; this is the case in Spain, for example.
If you are looking into using bitcoin only sites, you can check their licensing status first. It is no guarantee that even the more established, well-known real money bitcoin gambling sites will have a license. If you do find one with a license, though, you may want to put it on your short list.
Real Money Bitcoin Gambling Site Transaction Setups
Within the realm of bitcoin gambling, there are essentially two types of real money bitcoin gambling sites to choose from, and they each carry pros and cons. In your search, you will more than likely run into both types, and it is important you know what each site entails before you begin.
The ‘types’ of sites have more to do with bet payments and winnings payouts than the games they contain, so really, the ‘type of site’ is referring to the way the site is setup for financial transactions.
The first setup you may run into is commonly referred to as a ‘bitcoin only’ site.
This type of site deals only in betting and transferring with bitcoin. It doesn’t allow for any other form of currency, such as Paypal or credit card. But an online casino or betting site such as this may not have the capabilities to provide larger payouts, or manage a high-volume patronage. Sites like these are more likely to be in their infancy, as opposed to the sites that have been around for a while and do have those capabilities.
(* this point can be considered both a pro and a con, depending on your point of view. The non-government regulations mean that there aren’t necessarily records of your transactions. So, if your money is taken by an unreliable site, it may not be retrievable.)
The second one is simply a site that has added bitcoin to their repertoire of accepted currencies.
If you want to try betting with bitcoin on a site you’ve already grown to know and love, you might be in luck. Some established sites have added special bitcoin capabilities for both payouts and betting. This makes the already tried and true sites more appealing to bitcoin users, and is arguably a little bit safer.
The Debate
Of course, some of the lures of the real money bitcoin-only gambling sites are proven moot when you compare them with the established sites that have added bitcoin as an acceptable currency. For instance, the claim that the payout on the real money bitcoin-only sites is faster because they are dealing with only one type of currency. Or, that using bitcoin makes transactions cheaper because you do not have to pay any kinds of deposit fees or taxes.
The fact of the matter is these concerns are really only valid or relevant in the U.S. market. Those who don’t want to use their credit or debit accounts for safety reasons would turn next to a prepaid debit or credit card. If that’s not possible, the next step would be to use money transfers that tack on fees that could significantly knock your winnings down.
Not all sites offer a transfer of payout back to your credit card, either. This slows down the time between winning and having the money in hand significantly.
But, does that mean you should jump directly to bitcoin? After all, you can deposit AND collect using the same currency, taking out the need for an alternate way of collecting your payouts.
The truth is that it depends on your personal needs and priorities.
Now that more established and trusted sites are adding bitcoin as an accepted currency, the choice to use it or not is entirely yours. But, there is no true discernible difference in ease of use or definite reliability, at least when comparing the top, most reliable sites in each category.
So, Which One Should I Use?
The risk seems to be even across the board, and it mostly comes from the low-dependability of the currency itself, and not so much on the sites that use it in their transactions.
If you already own and are well-versed with bitcoin, the choice is really yours to make. If there is a site, either bitcoin-only or one of your favorite established sites that has added bitcoin to their capabilities, that you want to try out: you should! As you would with any other new online gambling prospect, do a bit of research first though. Try to see if you can find the site’s license, peruse the forums for any red-flag complaints, and ensure that customer service is up to your standards.
The differences in these sites are essentially minute (again, speaking in terms of the most well-known and proven), and the choice you make will be based on your level of comfortability and trust in the site in question.
The site recommendations that we have made were based on some of the universal standards that anyone should have when choosing a site, bitcoin capable or not, to gamble on.
Reliability and history – does this site have a lot of its current or former customers happy to return, or are its former customers more cautionary? If you’ve used the site in the past, do you remember how fast any issues you had were resolved? Are there payouts you remember having to chase down?
Usability – is the site clean and easy to navigate? Are their licenses, credentials, and contact information in an easily accessible area of the site?
Free Bitcoin Gambling Sites
Proven track record – does this site have a track record of at least a year’s worth of positive comments from former gamblers?
If you don’t already own bitcoin, stick to what you know. Bitcoin is a volatile, constantly-fluctuating currency, and if you can continue to make your transactions with static, regulated funds, you should.
Gamblers (especially in the United States) and gambling sites have become enamored of Bitcoin as a banking method recently.
In fact, we’d go so far as to say that Bitcoin is the best banking option available to players in the United States. But players from other countries shouldn’t discount Bitcoin, either.
This guide is written for newcomers to the currency. It works differently from most other currencies, and this page explains the ins and outs.
But this page also caters to people who are already familiar with the currency and how it works.
For those users, we look at the best sites available to Bitcoin users, and we offer an analysis of the pros and cons of using it as an option.
You can click on the names of any of the sites we’ve listed below for detailed reviews of everything they offer. We’ve carefully vetted the sites listed on this page for integrity and fairness, so you can just click through directly to each site if you want to get started playing.
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How to Get Started Using Bitcoin for Gambling
Bitcoin Sports Betting How (and Where) to Buy and Sell Bitcoins Bitcoin Poker The Pros and Cons of Using Bitcoin Bitcoin Financial Trading Bitcoin Casinos Conclusion How to Get Started Using Bitcoin for Gambling Deposits and Withdrawals
The best place to start is almost always at the beginning.
When discussing Bitcoin with newcomers, the first question we hear is:
Think of Bitcoin as an independent currency that’s not associated with a country or a government. It’s a “peer-to-peer” currency. It’s also a digital currency, which means you don’t ever actually handle cash. And as a “cryptocurrency”, it’s encoded.
It’s used to send payments from one digital user to another. It’s relatively new, too-Bitcoin emerged on the Internet scene in 2009.
Like gold, silver, or any other precious metal, Bitcoin is “mined”.
But their version of mining doesn’t involve picks, shovels, axes, or wheelbarrows.
There’s a public ledger which tracks processed payments and rewards them with newly-created Bitcoins. The transaction fees generated using this digital ledger pay for the Bitcoins, and that entire process is the “mining” that generates additional coins.
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Bitcoins are created in blocks at a rate of one block every 10 minutes. Originally there were 25 Bitcoins in a single block, but that’s been cut in half (as of last year) to 12.5 Bitcoins in a block. The number of Bitcoins in a block are going to continue to be cut in half periodically until a total of 21 million Bitcoins have been mined. This process should be complete by 2040.
Poker hands straight with ace. As with any currency, supply and demand determines the value of each Bitcoin. Here is the current value of bitcoin:
The Current Value of BitcoinThe Current Value of LitecoinThe Current Value of Ethereum
They’ve also been worth considerably less, as you could buy 5,000 Bitcoins in 2009 for just $27.
In fact, as an investment vehicle, Bitcoins are more volatile than just about anything else. As such, it’s not an ideal investment vehicle. If you’re speculating, you should put only a small percentage of your overall bankroll into the currency as an investment.
We mean that its value can go up and down dramatically and seemingly randomly.
How volatile?
Consider this. In 2009, the price of a Bitcoin fell 50%–overnight.
When using Bitcoins to make deposits and withdrawals at online gambling sites, the fluctuations in price can provide an additional layer of action to your gambling.
Deciding when to convert Bitcoins into another currency is a gamble all by itself.
Bitcoins, like other investments, are bought and sold on exchanges. (An exchange is just a marketplace for an investment vehicle.) You can find a list of exchanges on Bitcoin.com.
If you’ve ever used an online stockbroker like E*TRADE, you’ll be familiar with this process. It’s mostly just a matter of setting up an account and a payment method (like a credit card or checking account). Then you can buy and sell Bitcoins just like you would stock in a company.
But that’s not the only way to buy and sell Bitcoin.
Remember that it’s a currency, like a dollar bill. If you have a dollar in your pocket, you can use it to buy a soft drink. Or you can exchange a dollar for 4 quarters.
You can do the same thing with Bitcoins, but since they’re a digital currency, you need an online wallet (like PayPal, only Bitcoin-specific), and so does the person you’re buying and/or selling from. Many Bitcoin exchanges also offer wallets, but not all of them.
In fact, this is how payments from online casinos work. They send you your winnings in Bitcoins via an online wallet. That’s also what’s happening when you make a deposit using Bitcoin-you’re exchanging this currency from your online wallet to the casino’s.
When you’re deciding on a wallet, look for something user-friendly that offers backups. Bitcoins are just complicated pieces of code. If you lose that code or fail to back it up, you lose access to that Bitcoin forever. Having a wallet that creates a backup for you is a hugely helpful insurance policy to help you avoid losing your Bitcoins based on that.
When dealing with individuals, buying and selling Bitcoins can cause problems because of chargebacks. A chargeback is when someone makes a claim to a credit card company that they bought something but didn’t get what they bought. The credit card company often reverses this transaction.
So if some individual sends you PayPal funds in exchange for Bitcoins, you might face a situation where the other person files a chargeback with PayPal. If you decide to exchange funds in this way with another individual, be sure it’s someone you know and trust.
Bitcoin.org offers a detailed guide to various wallet services and provides a list of the good and bad for each of them. Many of these wallets have cool names, too, like:
Most online casinos and gambling sites which offer this currency as a deposit and withdrawal method have information about specific wallet services, too. Bovada, for example, recommends a couple of options on their site.
Like any other banking method you can use to fund your online gambling account, Bitcoin has its perks and its drawbacks. We try to provide an even-handed look at the good, the bad, and the ugly below:
Here are some of the positives:
But it’s not all sunshine and unicorns. Here are some of the downsides to using Bitcoin as your deposit method:
Bitcoin Casinos
It’s hard to believe it’s only been three years since the first Bitcoin Casino was licensed. BitCasino.io entered the online gaming market in 2014, and the community was, of course, ready for it. In its first three months of operation, this new casino concept garnered 7,000 players betting more than 3,000 BTC combined or a value of $1,400,000 at the time.
Not only was this casino a first in the market, but a first to integrate the incredibly popular Microgaming catalog into the mix. It evolved quickly, though, and it and many other dedicated Bitcoin casinos include gaming versions courtesy of Evolution, OneTouch, Asia Gaming, NetEnt, Pragmatic Play, Gameart, Explosive, Ezugi, Isoftbet, Betsoft, Quickspin, booming Games, Play ‘n Go, BetGames, and Endorphina.
Bitcoin-only vs. Bitcoin-integrated
Whereas some sites like BitCasino are exclusively Bitcoin operated, there are now plenty of gaming providers who have integrated Bitcoin into their financial services menu. The difference is that you’ll be playing solely with the cryptocurrency in the first, and in the latter, your payment will need to be converted to traditional currency for betting purposes. The site takes care of all of that, though. All you need to do is make your wallet to wallet transfer.
Even though your payment has been exchanged for wagering purposes, you can still cash back out in Bitcoin with a simple exchange back, also taken care of for you.
If you haven’t been to any online currency providers, you may not be aware that many, these days, convert your cash into Bitcoin and vice versa with a quick one-step transaction. Gone are the days when you needed to do some mining or creative acquisition.
Casino Bonuses
One of the benefits to funding a player’s account this way is the increased premium value. In many instances, casinos will offer two different welcome bonuses. One traditional and a bigger Bitcoin version.
A US facing site like Bovada offers new players using credit, debit or other more mainstream methods a 100% deposit match on the first three transfers for a total of $3,000. But, if you’ve opted for the wallet to wallet, you can receive 150% on the first three up to a total of $5,000.
Everything Else Remains the Same
Even if you’re on a Bitcoin-only site, you should still be receiving the same benefits as any other online casino. The service provider should be licensed and regulated, so you have a governing authority should you need to escalate any unresolved issues.
You should also be able to experience the same types of casino games including slots, which also provide for progressive jackpots, video poker, specialty, table games, and live dealer tables as well.
The Speed and The Economics
Let’s face it; it’s all about the bottom line. You’re in it to win it, and Bitcoin allows for fast deposits and withdrawals. In many cases, it’ll be under 20 minutes, and there are rarely additional fees attached. We won’t say never because some casinos will tack on something just for the heck of it, but cryptocurrency should allow for free transactions unless you’re paying fees to a currency exchange.
Bitcoin Cash: Will It Makes Its Way Into Casinos?
On August 1st, 2017, Bitcoin divided out into a new currency simply called Bitcoin Cash. It’s so new that a lot of uncertainty comes with it, but some online casinos are already coming forward saying that they won’t accept it, while others are open to the idea. Coinbase, one of the biggest exchanges changed their position as they originally were unwilling to offer it but, now, starting in January of 2018, it will be added to their service.
Bitcoin Cash could open up new opportunities for both casinos and players as its primary purpose is to expedite transactions. In its first month, it doubled in value from $300 to $600.
Bitcoin Sports Betting
Just as the casinos break out into bitcoin-only and bitcoin-integrated, sportsbooks do as well. You can fund a betting account on a site like Bodog with cryptocurrency that’s then exchanged for a cash value or credits consistent for all players, or you can register with a book that only deals in BTC and mBTC.
Higher Betting Limits
High rollers can often run into a ceiling that stops them from putting down as much as they’d like in a single wager. Many Bitcoin bookies will accept a much higher value stake. For example, sportsbet.io will take as low as 0.1 mBTC and as high as 100 BTC toward both pre-game and in-play action.
At the time of this writing, .1 mBTC converted to 45 cents and 100 BTC translated into more than 455,000 US dollars.
Bigger Rewards
Sportsbooks also now tend to provide greater incentives for players to use Bitcoin to fund their betting accounts. Not only does Bovada offer a bigger casino bonus, but doubles the value of sports as well.
The traditional Welcome Bonus has a cap of $250, but the Bitcoin Welcome Bonus goes up to $500.
Bitcoin Poker
One of the most popular games in the world would, of course, need to accept the currency that just exploded in the online gambling community. Online poker rooms have embraced accepting BTC from their players as it expedites the process in both directions and allows for bigger betting limits.
Connecting Poker Players
Poker would be one of the more social games, even online. As opposed to slots or video poker machines where it’s bettor vs. computer, poker brings together players from around the globe. Bitcoin does the same thing as it’s not tied into one government or financial institution but, rather, it’s for everyone and has the same fluctuating value across the board. With no areas excluded from its use, it opens up a bigger player pool.
![]() Tables and TournamentsBitcoin Casino Sites
It doesn’t matter if you gravitate to tournament play only or if you want to buy in at a cash table, BTC allows for both. Again, just like slots and sports betting, you’ll either have an exclusive site where all transactions are conducted in BTC or mBTC, or you’ll have the conversion scenario on sites that accept more traditional forms of currency.
Sites like America’s Cardroom, which allows for Bitcoin transactions, offer some of the biggest tournaments like Sit ‘n go satellites with seats at the larger tournaments offered up as prizes instead of cash.
Not as Many Bonus Bumps
Unlike casinos and sportsbooks that incentivize Bitcoin users with higher deposit matches, poker rooms keep their bonuses consistent across the board, but all players can get in on the value-adds that can include free cash, deposit matches, freerolls, and more.
Bitcoin Esports BettingBest Crypto Gambling Sites
Two exponentially growing trends in the online betting industry are esports bets and Bitcoin betting. They are both new-age counterparts of traditional betting aspects. Esports is already competitive with regular sports, while Bitcoin and other cryptocurrencies are getting more and more attention from the bookmakers. Slowly but surely, they’re beginning to replace traditional payment methods such as cards, Skrill, ecoPayz, and more.
Fast and Secure Esports Betting
The best thing about using Bitcoin for esports betting is the blockchain technology it runs on. It allows Bitcoin transactions to be processed quickly and securely, eliminating lengthy bank validation and processing systems. With the blockchain technology, the transactions have to be confirmed on the network itself which means it’s secure, irreversible, and in most cases, lightning-fast.
Complete Anonymity
As mentioned above, Bitcoin transactions are processed through the blockchain. This is the comprehensive and highly sophisticated technology driving cryptocurrencies to new heights. It doesn’t rely on a centralized subject but, instead, on an entire network which features all Bitcoin transactions publicly. But how can it be anonymous if all that info is available for the public? Well, private transaction components are read in text strings which in no way link to people’s personal identities, thus making Bitcoin betting the epitome of online betting anonymity.
Low Fees
Last but not least, Bitcoin betting has relatively low transaction fees. But keep in mind, this only works for crypto-only esports betting sites that don’t convert your deposited Bitcoin into real currencies. Crypto-only websites allow you to deposit BTC, bet in BTC, and withdraw BTC, with no conversions (or fees) happening in the background.
Bitcoin Esports Betting Sites
Using Bitcoin for Esports Betting Gambling With Bitcoin
Have you ever pulled up a gambling site and saw a menu item called “Financials”? Well, it’s not about your financials, meaning your deposits and withdrawals from the site. It’s a mini financial exchange quite similar to regular trading services, but you’re betting on the movement of the market instead of buying or conducting any currency exchange.
You’re looking at stock, indices, currencies, and commodities, but it’s incorporated in a sportsbook as these are bets being placed and not purchases being made.
Financial Betting Options
The following are some of the bets that are usually available when Financial betting is offered. Keep in mind, again; you’re predicting movement. You’re not buying and selling stocks or currency.
Betting on the Direction
Just as sports betting opportunities vary per sportsbook, financials will as well. Some of the more common bets will include:
Bitcoin Benefits to Financial Trading
When we talk about Bitcoin Financial Trading, it’s the ability to use your wallet to fund your betting account and then use those funds to make your predictions. If you’re correct, you get paid just like a winning sports bet.
Not only are there a plethora of financial betting options, but these gambling sites are licensed and regulated, the transactions secured by the latest in technology, and plenty of information is provided to help in the selection process.
Bitcoin not only provides for quick funding so you can get in on a prediction that may be timely, but it also allows you to claim your profit with a fast turnaround. Whereas you need to have established accounts open with traditional means for standard trading, Bitcoin allows you access to the financial markets through gaming providers like betonline.ag.
Bitcoin is a revolutionary new type of currency that’s entirely digital in nature. Its volatility adds to the excitement of gambling. And its anonymity makes it ideal of United States players who want to get around UIGEA.
You can find gambling sites which accept Bitcoin as one of many deposit options. But you can also find sites which only operate in Bitcoin. We prefer the former for various reasons, but we’ve covered the pros and cons of both above.
If you take nothing else away from this page, remember this:
It’s important to do business with sites you trust on the Internet-especially gambling sites accepting Bitcoin as a deposit and withdrawal method.
Bitcoin Gambling Website
You can use the recommendations on this page to find sites you can trust and that also accept Bitcoin.
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