These days, Bitcoin is absolutely everywhere. People around the world are increasingly using cryptocurrencies and Bitcoin is undoubtedly the most popular of them all.
Now, there are the common Bitcoin uses, like waiting for its price to go up to sell it at a profit or buying goods and services with it. Newer and more interesting uses have surfaced, though, and Bitcoin gambling is definitely one of them.
Gambling as a concept has existed for hundreds of years and for as long as humans have had resources to bargain with, they have gambled. Now that Bitcoin is becoming a normal part of the financial landscape, Bitcoin casinos are bonafide establishments.
Not only do Bitcoin gambling sites allow people to potentially win the most valuable cryptocurrency in the world but they are also easy to use. In fact, one could argue that Bitcoin casinos come with plenty of advantages over traditional casinos.
But amidst all the excitement is the question of whether Bitcoin gambling is legal. After all, the legal status of cryptocurrency as a whole is complicated and this extends to Bitcoin gambling, leaving the average Bitcoin lover confused.
Not to worry! We’re here to break it all down and clarify once and for all whether or not Bitcoin gambling is legal in this helpful article that will also touch on:
- 3 Benefits of Gambling With Bitcoin
- 8 Things to Consider When Picking a Bitcoin Gambling Website
- How We Rated the Best Bitcoin Gambling Websites
And much more!
Is Bitcoin Gambling Legal?
One of the biggest questions for gambling lovers is whether or not Bitcoin gambling is legal.
The answer to this question varies based on where you live and depends on two things, which are the legal status of crypto and online gambling in each country.
If both cryptocurrencies and online gambling are legally recognized by a country’s government, then people in that country can legally gamble with cryptocurrency.
If one or both are illegal, then Bitcoin gambling will also be illegal in said county.
3 Benefits of Gambling With Bitcoin
There is a good reason why many people are so drawn to Bitcoin gambling. This cryptocurrency offers several advantages, from financial benefits to flexibility.
Here are the top three:
- More Profit: The value of cryptocurrency fluctuates quite often and so when you bet with Bitcoin, you could potentially win on both ends. For example, if you bet $1 and won $2, the value of your winnings is unlikely to change. If you bet 1 BTC and won 2 BTC, on the other hand, the value of the token might have increased and you would have made even more profit.
- More Privacy: One of the reasons why cryptocurrency is so loved is that it allows you to conduct all your financial affairs with privacy. When you set up a traditional bank account, you have to provide sensitive information like your government ID and your home address. Bitcoin wallets, on the other hand, can be created without any of these. This means you can bet with bitcoin while completely maintaining your privacy.
- More Control: Cryptocurrency, by its very nature, is decentralized. This means that no single person or company controls a blockchain network that supports a cryptocurrency. In simple terms, this means that no one can block, freeze, or restrict your Bitcoin wallet, not even the wallet provider in most cases. This offers an unprecedented level of control for those who bet with Bitcoin.
10+ Best Bitcoin Gambling Websites
1.
N1Bet
9.76
✅ Generous welcome bonus
✅ Wide range of accepted cryptocurrencies
✅ Sports and live betting options
BONUS
Up to €400 + 200 Free Spins
2.
7Bit
9.52
✅ 5000+ exclusive BTC Games
✅ Retro casino aesthetic
✅ Robust VIP program
BONUS
1.5 BTC on first deposit,
1.25 BTC on second + third deposits
3.
BitCasino.io
9.52
✅ 2 minute withdrawal time
✅ Huge selection of quality games
BONUS
Free spins, chips , & automatic cash rewards
4.
Red Dog
9.52
✅ Well-designed website + mobile app
✅High-quality RTG games
✅24/7 bonus promotion
BONUS
225% bonus + extra 20% for BTC deposits
5.
BitStarz
9.52
✅ 3000+ exclusive BTC games section
✅ Excellent mobile gaming app
BONUS
5 BTC or €/$500 + 205 Free Spins
7.
BetOnline
9.52
✅ Sports and esports betting with high odds
✅ Variety of bonuses up to $3000
BONUS
Up to $1000
2.
7Bit
9.76
- Generous welcome bonus
- Wide range of accepted cryptocurrencies
- Sports and live betting options
BONUS
Up to €400 + 200 Free Spins
Cryptocurrencies: Bitcoin, Litecoin, Tether, Dogecoin, Ethereum
Safety: N1Bet is very dedicated to your data protection. They use 128bit SSL encryption with an additional PGP protocol for extra security. Players are also given the option to add an extra security measure by activating the two-factor authentication (2FA) to protect their accounts.
Reputation: N1Bet is licensed and regulated by the Curacao eGaming Authority and has an excellent track record of customer satisfaction and safety. Their dedicated customer support team provides 24/7 support.
Games: Another reason why N1Bet is one of the best crypto gambling sites is its innovative bookmaking. Players have a wide range of sports, esports, and live betting options to choose from, as well as over 2500 casino games. You can enjoy modern slot games such as Mega Moolah or Atlantic Megaways, provided by some of the best developers in the industry such as Microgaming or NetEnt.
Bonuses: N1Bet offers a welcome package of up to €400 that can be withdrawn immediately after winning a bet (no need to wager the bonus) + 200 Free Spins.
Cryptocurrencies: Bitcoin, Dogecoin, Litecoin, Ethereum
Safety: 7Bit provides 128-bit encryption to secure their site and protect your personal data and transactions.
Reputation: 7Bit has been around since 2014 and has garnered a cult following of dedicated customers due to their nostalgic retro vibe and consistent quality. They are also fully licensed and regulated by the authorities of Curacao.
Games: This one really stands out from the crowd just with the sheer size of their game library. 7Bit offers a vast and exclusive selection of over 5000 Bitcoin games, including slots, poker, blackjack, and roulette.
Bonuses: 7Bit gives players a 1.5 BTC bonus on their first deposit, 1.25 BTC on the second and third deposits, and 1 BTC on the fourth. They also provide a generous 200 free spins.
Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Tether, Ripple, Tron, Ada, Doge
Safety: Bitcasino is a fully audited online casino that goes to great lengths to protect its customers. Their site is secured with SSL encryption and you can add an extra protection layer to your account through two-factor authentication.
Reputation: Bitcasino is licensed and regulated by the authorities of Curacao and has a solid reputation to uphold. They care a great deal about customer satisfaction by providing excellent customer support and a record 2 minute withdrawal waiting period.
Games: Bitcasino has an amazing range of games, with over 2300 to choose from! From jackpot slots, roulette, blackjack, baccarat, video poker, or video Bingo, they have it all.
Bonuses: Though Bitcasino does not offer any welcome bonus, they do have a lucrative loyalty program that awards regular players with free spins, chips, and cash rewards.
Cryptocurrencies: Ethereum, Bitcoin
Safety: Red Dog is very serious when it comes to protecting its customers. It secures its website using cutting-edge 256-Bit SSL encryption, premium antivirus suites, and advanced fraud-prevention systems.
Reputation: Red dog is licensed by Curacao – ArbathSolutions and is dedicated to customer satisfaction, with a 24/7 customer support service available to all players.
Games: Red Dog provides over 200 top-notch casino games developed by some of the most well-respected providers, such as RealTime Gaming and Visionary iGaming.
Bonuses: Red Dog stands out with its truly generous promotions section. It offers a
225% welcome bonus (with an extra 20% for BTC and Neosurf deposits) that can be redeemed up to 5 times!
Cryptocurrencies: Bitcoin, Dogecoin, Litecoin, Ethereum, Tether
Safety: Bitstarz spares no expenses when it comes to safety. They employ the very best encryption technology to protect their customers’ data. For an added layer of security, you can use two-factor authentication on your account.
Reputation: Reputation is everything to Bitstarz Casino. They have won many awards from the world’s leading Bitcoin gambling authorities and are dedicated to keeping their customers satisfied. Like many of the best crypto gambling sites, they are also certified and regulated by the authorities in Curacao.
Games: Bitstarz is also very serious about customer satisfaction when it comes to its games. They employ over two dozen software developers to bring you over 3,000 Bitcoin games, including slots, table games, and live casino games.
Bonuses: Their welcome bonus is up 5 BTCs or €/$500, as well as up to 205 free spins.
Cryptocurrencies: Bitcoin, Bitcoin Cash, Litecoin
Safety: Your personal data and banking information is secured at Intertops with SSL encryption.
Reputation: Licensed by the Kahnawake Gaming Commission, Intertops has one of the longest histories in the online casino business, dating all the way back to 1996. You can say they’ve been around the block and know all the ins and outs of the gambling world. They are dedicated to keeping their customers coming back with their excellent 24/7 customer support live chat.
Games: They provide a wide range of slots, as well as several solid tabletop games such as roulette, blackjack, and poker. These games are developed by software providers such as WGS Technology and Realtime Gaming.
Bonuses: Intertops offers a generous welcome discount of 125% that goes up to $1000 on your first deposit, along with several other rewards for loyal customers. They provide a special mobile reward every week worth up to $100, as well as a new game almost every week with its respective bonuses.
Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Stellar
Safety: BetOnline uses SSL encryption to protect player information and ensure secure transactions.
Reputation: This is also one of the oldest online casinos on our list that has been operating since 1991. Licensed and regulated by the gaming commission in Panama City, BetOnline has proven to be a reliable and trusted online casino throughout its many years in the industry.
Games: BetOnline is mainly focused on betting on some of the most popular sports, such as basketball, football, MMA, and even esports. However, it also provides some slots table games, live games, and even scratch-off and Bingo.
Bonuses: BetOnline offers a welcome bonus of up to $1000.
8.
Slots Empire Casino
9.76
ACCEPTED CRYPTO
BONUS
100% deposit match bonus for a $30 BTC deposit
Cryptocurrencies: Bitcoin, Ethereum
Safety: Slots Empire uses SSL encryption to secure customer data and transactions.
Reputation: Slots Empire is licensed by the Government of Curacao and has a solid history of customer satisfaction. They provide a dedicated customer support team that can be reached 24/7 via live chat as well as hotlines.
Games: Though Slots Empire doesn’t have the biggest games library, they do offer some quality slots, table games, and live casino games developed by RTG games and Visionary iGaming. As an added perk, you can even try any of these games for free using their demo mode.
Bonuses: This casino offers a bonus like no other. You get a redemption-free, limitless code that gives you a 100% deposit match bonus for a $30 BTC deposit, 120% for up to $75 BTC, or 150% for up to $150 BTC
Cryptocurrencies: Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Litecoin
Safety: Ignition’s connection is secured using an SSL-encrypted connection, keeping your personal data and transactions protected.
Reputation: Though Ignition does not have an official license, it has been around for a while with no major customer complaints registered. They also work with some of the most well-known gaming companies in the industry.
Games: Ignition has a library of over 300 casino games and offers a $2 million weekly poker prize pool.
Bonuses: Ignition has a unique Bitcoin welcome bonus of 150% up to $3000.
Cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Tether, Litecoin
Safety: Your personal information and transactions are secured with Encryption.
Reputation: Licensed by the authorities of Curacao, mBit has been around since 2014, providing quality gaming and excellent customer satisfaction.
Games: There are many games to play at mBit, including bitcoin slots, roulette, baccarat, blackjack, live games, and even the lottery. You can also take part in their Bitcoin casino tournaments with no wagering requirements.
Bonuses: They provide a welcome bonus of 110% up to 1 BTC.
Cryptocurrencies: Bitcoin, Ethereum, Dogecoin, Tether, Bitcoin Cash, USD Coin, Paxos Standard, PAX Gold, Chainlink, Dai, and more.
Safety: CloudBet uses the latest SSL encryption technology to protect your data and secure your transactions.
Reputation: Operating since 2013, CloudBet is licensed and regulated by the authorities of Curacao. It is a fully audited site that is guaranteed to be fair to its customers.
Games: Although Cloudbet Casino is more focused on sports betting, they do boast some fantastic live table games as well.
Bonuses: They offer a 100% up to 5 BTC/BCH/ETH/PAXG welcome bonus.
Cryptocurrencies: Bitcoin, Dogecoin, Litecoin, Ethereum, Bitcoin Cash, Ripple, Tron, EOS, and more
Safety: You can protect your Stake account using two-factor authentication.
Reputation: Licensed by the Curacao eGaming Authority, Stake has a history of excellent customer satisfaction. It is also a verified member of the Crypto Gambling Foundation, which guarantees that all its games are provably fair.
Games: They offer a pretty vast selection of 1,021 games, including 16 that are developed exclusively for Stake.com. But perhaps the most enticing feature is their incredibly high Return To Player percentage, which reaches 99% for some games.
Bonuses: Stake doesn’t provide any welcome bonuses at the moment, though you can receive a 15% lifetime Rakeback. It’s available with a special promo code that users apply when signing up.
8 Things to Consider When Picking a Bitcoin Gambling Website
Ready to pick a Bitcoin gambling site? Of course you are!
But you also want to pick the best Bitcoin gambling site possible. How do you go about finding this golden website? Start by keeping the following things in mind:
#1. Restricted Countries
The Bitcoin betting sites that you can use depend on the ones that are licensed to operate in your country. This is why the first thing you should look into is whether or not a Bitcoin gambling site is available in your country.
This can be relatively easy.
First, go to the site URL and if you get a pop-up message – much like the ones YouTube displays when a video is restricted in your country – it means the site isn’t licensed where you live.
To be absolutely sure, go to the site’s FAQ and information page and look through its list of available countries. If your country is listed, you should be fine.
#2. Reputation and Trust
While experience is the best teacher, you don’t want to learn from experience that a Bitcoin gambling site is a bad one. Luckily, there is a way to avoid this; learning from other people’s experiences.
You can do this by finding the reputation of whatever Bitcoin gambling site you’re considering and how much it is trusted by users. Search any site you’re considering using on social media and on Bitcoin gambling Reddit subs. This should give you a pretty clear idea of people’s experiences.
You can also look them up on customer review sites and look at as many reviews as you can, both good and bad. The information you find should help you make your choice.
#3. Provably Fair
For as long as casinos have existed, there has been some level of distrust between them and their patrons. Is the casino playing their games fairly? Is the customer trying to rig the games in their favor? For a long time, this was seen as a necessary evil in the gambling process.
Now, it is less so for Bitcoin gambling sites – be they no-deposit Bitcoin casinos or high-roller Bitcoin casinos – because of Provably Fair software.
Probably Fair is a blockchain-based mechanism that independently confirms if the games an online casino is running are being done fairly. If you sign up with a Bitcoin gambling site that uses it, you can verify by yourself that you aren’t being cheated.
So, for your own peace of mind, consider Provably Fair when choosing Bitcoin gambling sites.
#4. Payout and Withdraw Speeds & Terms
While Bitcoin gambling sites are more popular than ever before, their practices aren’t always the same, especially when it comes to payouts. Some sites offer payouts to their customers in a few minutes and some payouts in days. The methods through which the sites pay players out are also different.
What this means is that when you choose a Bitcoin gambling site, you should keep your payout needs in mind. Can you afford to wait days to cash out your winnings? Do you need it instantly?
Keep these in mind and only choose a site that will give you a payout as fast you want it.
#5. Games available
When it comes to Bitcoin gambling, some people like to stick to a few classics while for others, variety is the spice of life. Depending on where you fall on the spectrum, some Bitcoin gambling sites might be better for you.
Look into the games that are available on each site you are considering. The best sites will offer Bitcoin slots, Bitcoin blackjack, Bitcoin poker, Bitcoin dice, Bitcoin roulette, and so on. Others might have only one or two.
Make sure that the games you want to play are available on whatever site you sign up on.
#6. VIP programs and Bonuses
Because more Bitcoin gambling sites are popping up every day, many of them are trying to stand out to customers. One of the ways they do this is through their VIP programs and bonuses. Many sites offer very high bonuses on first deposits or even every other week.
VIP programs also give amazing benefits like discounted games and free gifts. To get the best out of your Bitcoin betting experience, consider each site’s bonuses and VIP program to see which ones come with the most benefits.
#7. Security
There is nothing worse than a site where you deposit money unto being comprised. At the same time, one of the pitfalls of living in a digital world is that security breaches can and do happen.
This is why you need to keep the security setup of any Bitcoin gambling site you’re considering in mind. Find out if the site is encrypted and if they’ve ever suffered a security breach before. Also, find out what your rights are if a security breach does happen in terms of compensation.
#8. Customer service
Your customer service experience with a business is a major part of whether you will enjoy patronizing the business or not. This is particularly true for a Bitcoin gambling site. You don’t, for example, want to find yourself dealing with poor customer service if your payout is being delayed.
So, consider the customer service channels of the Bitcoin gambling sites you want to sign up with. Do they have emails and chatboxes? How soon do they respond to inquiries? Are they available 24/7? These are important things to consider before choosing a Bitcoin gambling site.
How We Rated the Best Bitcoin Gambling Websites
We’ve already given you our list of the best Bitcoin gambling sites but you might be wondering how we came up with the list. After all, what makes one site better than another?
We rated these sites by keeping the following factors in mind:
- Restricted Countries: We considered how many countries each casino was licensed in and ranked the ones with the most available countries higher than the others.
- Customer Service Channels: The more customer service channels a casino has and the faster they respond to inquiries, the more points they got.
- Security: The casinos that have higher-grade security measures like encryption or two-factor authentication were placed considerably higher on our list.
- VIP Programs and Bonuses: Some sites have better bonuses and benefits attached to their VIP programs than others, so we ranked them higher.
- Payout Speed: Sites that paid out users’ winnings faster were given a higher rank compared to the ones that were slower.
- Games Available: The sites that had a wider selection of games, like Bitcoin poker and Bitcoin slots, were prioritized over those that didn’t.
- Provably Fair: Who always put punters first, so we gave higher rankings to sites that use Provably Fair technology.
Bitcoin Gambling: Pros & Cons
So, you’re thinking of going into Bitcoin gambling but want to weigh your options first? You’re definitely right to do so.
Luckily, we’ve made a list of the many pros and cons of Bitcoin gambling.
Pros
- Potential Profit: Cryptocurrencies see their value change from time to time and this means that your tokens could be worth more after you bet with them than when you wager them.
- Faster Transfers: Compared to traditional fiat currency accounts, cryptocurrency transfers are much faster and often can be done much cheaper, as they have significantly lower fees.
- More Control: Because cryptocurrency is stored in decentralized wallets, you have complete control over your money. No one can freeze your account or restrict your activities.
- More Privacy: Cryptocurrency wallets can be opened without having to provide information like your government ID or address. This means you can use cryptocurrency to gamble in relative privacy. Similarly, some casinos don’t require you to provide personal information to sign up, which means you can play in total anonymity.
Cons
- Potential Loss: Bitcoin is volatile, which means its value can decrease just as easily as it can increase. This means you carry an added risk when betting with Bitcoin.
- Conversion Fees: Depending on where you want to spend your winnings, you might have to first convert them to fiat currency as not only businesses accept crypto as a form of payment. This typically attracts some conversion fees and might take some time.
- Limited Support: While Bitcoin is decentralized, meaning that you have more privacy and control, it also means you do not have much-centralized support. If there is an issue with your wallet or with a transaction, customer support can not help like it would if you were paying through a traditional bank account.
Bitcoin Gambling Sites FAQs
Do you still have questions about Bitcoin gambling sites? Not to worry! We’ve answered some of the most common questions about Bitcoin gambling here:
#1. Is Bitcoin Gambling Safe?
Yes, Bitcoin gambling is safe. As long as you follow all the rules of the site you use, secure your wallet, and double and triple-check your transactions, it is no less safe than traditional gambling.
#2. What Online Casinos Accept Bitcoin?
We’ve made a list of the top online casinos that accept bitcoin in this article. Other sites can be found on Google and Bitcoin gambling Reddit subs.
#3. How Can I Deposit Money on a Bitcoin Gambling Site?
This depends on the site that you use. Some sites allow direct transfers, some offer the option to buy crypto buying directly on the site, and everything in between.
#4. Can I Gamble With Bitcoin on my Phone?
If you sign up on a Bitcoin gambling site that has a mobile version or app, you sure can! All the Bitcoin sites on our list are mobile-friendly.
#5. What Is The Best Bitcoin Gambling Site?
The best Bitcoin gambling site is the one that meets all your playing needs. Our top Bitcoin gambling sites are listed above in this article.
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