Over a decade since its creation, it is safe to say that Bitcoin has taken the world by storm. The token has come to be the most powerful cryptocurrency in the world, worth tens of thousands of dollars, and has pushed cryptocurrency as a whole into the public eye.
It doesn’t come as a surprise, then, that Bitcoin’s use-cases are on the rise, including paying for goods, sending funds across borders, and, most recently, betting.
Online betting has been in existence for almost as long as the internet but now, it is getting an upgrade thanks to Bitcoin. There are hundreds of sites that let users gamble with the world’s most valuable token and this number will only likely increase.
But what are the best Bitcoin betting sites? After all, the explosion of Bitcoin gambling sites means that users are spoilt for choice but not all options are equally good.
Not to worry—we’ve compiled a list of the best Bitcoin betting sites in 2022 based on a number of criteria. Not just that, we’ve also explored several other topics, including:
- 9 Things to Consider When Picking a Bitcoin Betting Website
- Z Best Bitcoin Games
- How to Get Started With Bitcoin Betting Websites
And much more! So let’s dive right in.
12 Best Bitcoin Betting Sites in 2022
9 Things to Consider When Picking a Bitcoin Betting Website
Before you go out and start using a random Bitcoin casino, you need to make sure you vet Bitcoin betting sites accordingly. Not doing so could lead you to get frustrated and, in the worst-case scenario, even lose money.
That’s why we’ve compiled a list of the things you need to consider before picking a Bitcoin betting site, starting with:
#1. Restricted Countries
In the same way that not every product or piece of content is available in every region, not every Bitcoin gambling site is available in every country. So, the very first thing to do before picking a site is to visit it and see if it is available in your region.
The good news is that, typically, there will be a pop-up message telling you that a site is unavailable in your region if it isn’t. To be on the safe side, visit each site’s information page and look through its list of available countries to make sure yours is included before you sign up.
In case it isn’t, don’t fret—there are several other awesome sites with fewer geo-restrictions available for you to choose from. Give our list a look if you want to get inspired.
#2. Reputation and Trust
You wouldn’t use a detergent brand that everyone says is bad quality and damages clothes. Similarly, you shouldn’t use a Bitcoin betting site that doesn’t enjoy players’ trust. This is exactly why, before choosing your Bitcoin betting site, you should find out what its reputation is.
Luckily, the best Bitcoin betting sites enjoy good reputations and steady fellowships from devoted players and those can be easy to spot. Look through social media, Bitcoin gambling Reddit threads, and review pages to find out the reputation of the sites you are considering. They are bound to help you make a decision.
#3. Provably Fair
Both casino owners and players typically view betting with a degree of suspicion. Is everyone being fair or are players trying to cheat? Is there foul play? Is the house edge impossible to beat? This has been the premise of many films over the years.
With blockchain technology, though, this could very well be a thing of the past! This is thanks to a software called Provably Fair that verifies independently whether a casino’s games are being run fairly. The best Bitcoin casinos tend to have Provably Fair technology and you as a player can check it yourself to verify whether the odds of the game are favoring the casino or not.
When you’re considering a Bitcoin betting site to join, keep in mind whether or not they have Provably Fair software.
#4. Payout and Withdraw Speeds & Terms
Whether you want your winnings to be paid out instantly or can afford to wait a few days, you need to keep the casino’s payout terms in mind. Some Bitcoin betting sites payout anytime from a few minutes to a few days, some payout only with wallet transfers, while some let you receive payment through other ways.
Before you sign up to any site, find out what their payout methods and times are and make sure that they meet your needs.
#5. Games Available
Your favorite betting game might be poker or it might be roulette. But if you sign up for a BItcoin betting site that has a limited selection of games, you might find yourself having to shuffle across several sites to meet your game preferences.
This is why you should consider the game availability of each Bitcoin betting site before you sign up for any. Most sites have their games listed on their homepage, while the best Bitcoin betting sites tend to have a large selection of games and even offer Bitcoin sports betting, so you should not have much trouble finding variety.
#6. VIP programs and Bonuses
Want to get the most value for your money on a Bitcoin betting site? Sign up for the best bonuses and VIP programs you can. Depending on the bonus you pick, you can play several rounds without spending any of your own money and enjoy endless perks.
Now, if you’re a Bitcoin high-roller then you should pay more attention to a site’s VIP programs. All sites’ VIP programs and bonuses are not made equal, so it’s good to keep this in mind when making your choice. Compare the VIP programs and bonuses of each site you are considering and choose the ones with the most advantages.
#7. Customer service
Have you ever been locked out of your account or experienced a technical issue? It is in these moments that the true value of good customer service becomes obvious. This is also particularly important for any site that you are putting your money into.
While looking for a Bitcoin betting site, consider what the existing customer service channels are. Is there a helpline to call if you’re in trouble? Is the chatbox open 24/7? Find these things out as early as possible and use them to guide your decision-making.
#8. Tokens accepted
While Bitcoin is the top currency in the world, there are many other tokens that you might want to bet with. Similar to game availability, you don’t want to have to use several crypto gambling sites to bet with different tokens.
Having different types of cryptocurrencies to bet with can also be a good thing. If one token is experiencing market volatility, you can bet with others, for example.
So, find out what cryptos can be used on whatever Bitcoin betting site you are considering and make sure your needs will be met.
If there is anything that you shouldn’t compromise when choosing a Bitcoin betting site, it is security. Poor security measures mean your money and your personal information can be compromised.
So, before choosing, find out not only what security measures a site has in place (encryption, two-factor authentication, etc.) but also if the site in question has experienced any other security breaches in the past and how it has responded to them.
7 Best Bitcoin Games
If you want to start betting with Bitcoin A.S.A.P., then you’re in luck!
There is practically no shortage of different betting games that can be played and here are some of the best:
- Bitcoin Blackjack: In blackjack, you play against the dealer and not other players. The goal is to get as close to a ‘21 count’ without going over it in two cards. If this can be achieved without the dealing having a ‘natural’ card, the player wins.
- Bitcoin Poker: In poker, you play against other players and everyone is given several sets of two cards. The goal is to have the best ‘hand’ at the end of the game to win.
- Bitcoin Slots: In slots, a player usually pulls a lever (physically or over the internet) and if a certain combination of numbers of symbols occurs, the player wins.
- Bitcoin Dice: Dice games have different rules but typically, players roll a pair of dice and if the results meet certain criteria (having the highest score, getting a certain number combination, etc), the player wins.
- Bitcoin Roulette: In roulette, a 32-number wheel is turned and a ball is shot in the opposite direction. If you can rightly predict which number it will land on, you win!
- Bitcoin Lottery: Whether lucky ball selections or winning numbers, the classic lottery format can be done with bitcoin.
- Bitcoin Sports Betting: Bet on the outcome of football matches, horse races, F1 races, and much more!
Are you a high-roller? Then these high-roller Bitcoin casinos might be more in your element.
How to Get Started With Bitcoin Betting Websites
Bitcoin Betting Sites Deposit Bonuses
There’s nothing better than getting rewarded for spending your money. Luckily, many Bitcoin betting sites already do this through something called deposit bonuses.
These are given to users who deposit money unto the sites and come in the following forms:
- Free Spins: In this case, you can plan a betting game without needing to wager any money. This means you have the chance to play and win without risking any of your own money. Typically, you need to deposit up to a certain amount to enjoy this benefit.
- Deposit Matches: This happens when the Bitcoin betting site matches the deposit that a user makes, either by amount or percentage. For example, you might deposit $300 and have the entire amount matched and this means you would have $600 to play with.
- Reload Bonuses: This type of bonus means that if you run out of funds playing a game, you can play another round without needing to ‘reload’ with your own money. If, for example, you deposited $100 to play poker and received a reload bonus, you wouldn’t need to deposit any more money to play another round.
Is Bitcoin Betting Legal?
One of the most common questions among crypto and betting lovers is whether or not Bitcoin gambling is legal. The truth is, this isn’t a yes or no question but rather needs to be answered in two parts.
For Bitcoin betting to be legal in a country, both cryptocurrency use and gambling need to be legally recognized. If both are, then Bitcoin betting is legal. If one or both are not, then Bitcoin betting will be illegal.
Bitcoin Betting Sites FAQ
We figured you might have some more questions about Bitcoin betting, so we’ve created this helpful FAQ for you!
#1. What’s the Best Bitcoin Betting Website?
This is a question only you can answer. Does it meet all your needs and give you the best experience? Then it is the best for you! To find out what our best Bitcoin betting websites are, read this article! Our list was compiled taking several factors into mind such as security, user experience, and so on.
#2. What’s Bitcoin?
Bitcoin is the native token of the Bitcoin blockchain. Essentially, it is a digital currency that is completely decentralized. This means that there is no central bank that issues bitcoin and no one ‘owns’ the network per se.
#3. Is Bitcoin a Legitimate Cryptocurrency?
Yes, it is. Like any other currency, as long as it is accepted as a medium of exchange (in this case, for betting), it is legitimate.
#4. Is Bitcoin Anonymous?
Yes, it is. While the transactions on any wallet are visible on the blockchain, the identity of the wallets’ owner is never known to the public.
#5. Is Bitcoin Safe to Use in Online Casinos?
Yes, Bitcoin betting is safe. As long as you follow all the casino rules and safeguard your wallet keys, you should be safe.
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