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Bitcoin Payment Guide For Online Casino

5 minutes read

When you want more adrenaline, playing casino games for money is the option to get it. And if we’re talking about gambling of the future, the thing to examine by all means is Bitcoin casino.

Of course, newbies can find this method a bit confusing at first, so it’s not a classic credit card or e-wallet people are used to. But if you examine it a bit deeper, who knows, perhaps you can notice some perks that suit you best.

Bitcoin at Online Casinos

In short about the method, it’s a decentralised virtual currency or cryptocurrency. It has seen a rise in popularity in 2017-2018, though  the currency itself has been invented in 2009. Online gambling area couldn’t miss this trend. And while some players find the option unsteady and unpredictable, others ensure that it’s the currency of the future and are betting on it (and for it, of course).

Let’s take a look at the facts and find out who is right and how to play Bitcoin casinos.

Interesting to know: in 2013, BTC was recognised internationally as a convenient and innovative payment tool. It has even got the TechCrunch award.

Using Bitcoin at Online Casinos

Newcomers can be interested: do casinos accept Bitcoin? Well, it’s hard to imagine a better mix than crypto and gambling, so this kind of currency has a bunch of perks for the fans of high risk. And here they are.

  1. Don’t want to share your credit details? Well, quite a wise decision, so no one wants his/her details to be snatched. With BTC, you can forget about data leaks, so total anonymity is provided. 
  2. No fees.
    Or if they take place (when you need an instant payment), they are really low. Let’s be honest here, the benefit is rather strong, so nobody likes spending extra funds onto various commissions.
  3. Instant transfers.
    Forget about staring blankly at your account and waiting for the request to be processed: there is a strong upside to Bitcoin casino gambling - really fast transactions. 
  4. Overall security.
    Due to the fact that you don’t share your credit details, you can already make sure that fraudsters won’t take it over. Besides, no third parties engaged, only the money and the numbers, so the risk is not present. 
  5. No limitations.
    Forget about the cases when your country or currency are not accepted - with this payment method your geography really doesn’t matter. 
  6. New experience.

Well, it’s for those who are looking for the new gambling horizons, so BTC is truly the currency of the future. 

As for Bitcoin casino games, some providers create multi-currency software, while others develop only BTC products. Many casinos have separate sections for this kind. You can use all the other options of the sites as well. For example, get bonuses in crypto, take part in tournaments, buy lottery tickets. Whatever you want.

How Does Bitcoin Work?

If you are a newbie and are only going to get familiar with BTC, here is a short description of its working principle. Well, unlike the fiat currency, this one is completely virtual (or digital if you want). So there are only certain files that are stored in a «digital wallet». Of course, you can send and receive payments and it looks like the regular e-wallets. But all the transactions here are recorded in the blockchain (a kind of the payment history).<

When being a casino user, you don’t have to care about the principle a lot. So you just use the details of your wallet and get Bitcoin casino instant withdrawals or make deposits, as you want. 

Be aware: it’s a volatile currency. As for the approximate rate, 1 BTC costs about 11 500 EUR. 

Bitcoin Billing Methods

As soon as you want to get casino Bitcoin cash, it’s time to learn how to become an owner of this currency in general. In fact, you buy it (exchange). But the first thing you should do is open a wallet where your BTC will be kept. There are loads of services to do that: you can open the wallet online or download it on your gadget. Now you get your wallet’s address (a digital code of 26-35 symbols) and use it for different transactions.

Here are the ways to get your BTC then:

  • buy the coins by using any other currencies (actually, exchange);
  • receive payments in BTC for various services/items;
  • generate the coins yourself by using the necessary software.

Of course, the last option is for advanced users, while newcomers can find the first ones more convenient.

How to Deposit with Bitcoin

How to Deposit with Bitcoin in online casino

Have just obtained some BTC or can already boast an account with a big sum of crypto? Well, it’s time to use a bit for your gambling needs (when you are ready to take a risk, of course). And here comes a Bitcoin casino guide.

  1. Select the BTC casino that covers your preferences the best way (learn about the bonuses, available games, limits).
  2. Get registered.
  3. Visit the «Cashier» section and select crypto as the way of your depositing. 
  4. A unique web address appears. 
  5. Now you have to copy that address, open your wallet and input it in the tab for sending BTC. 
  6. Enter the sum you want to play for and confirm the payment. 

A matter of seconds and that’s it: your crypto funds are ready to help you play for money. By the way, Bitcoin casino Free Spins are waiting as a welcome gift.

Withdrawals are processed almost the same way: open the «Cashier» page again, click on the «Withdraw» option and select your method (BTC). Now share the address of your wallet and finish the process. That’s all.

How to Pick a Bitcoin Casino

The brands that decide to start a Bitcoin casino know a lot about the method and understand how to please the customers. That’s why you get a great range of casinos and it’s important then to choose the one for regular playing. So let's just dive right in - what things should be mentioned?

  1. First of all, crypto should be accepted. But make sure that other methods also take place, so who knows, perhaps you’ll decide to play for fiat currency one day.
  2. Pay attention to the site’s experience, so companies that are working in the industry for years can offer a lot. But don’t count out the new platforms, so young companies always have very attractive promotions. 
  3. Licensing is an important thing as well. So no doubts that gamblers want to have an honest game. 
  4. Bonuses of the platform also matter, whether they are deposit or no-deposit gifts. 
  5. Of course, the games to launch and their providers are also among the things you should take into account. 

The other aspects to keep in mind are various tournaments, the work of the support, mobile version and numerous other things, so it’s up to you. 

And if you still want to learn about Bitcoin casinos, Reddit is one of the sources that can help.  

Safe Bitcoin Casinos

Those who know how to start a Bitcoin casino also know that safety is an important issue as for gambling. Actually, even the most important, so when it comes to money, everything should be considered. 

If you don’t know exactly how to check the sites or don’t have time for your own research, here is a top-10 list of those that can satisfy gamblers with all their features: juicy promotions, a whole lot of games to pick from.

And remember: trust, but verify. So play for a small stake before getting to bigger bets. 

All the Best Bitcoin Casinos

The companies who know their business and understand how to make a Bitcoin casino can boast a whole list of the sites that can accept the currency of this kind. So it’s important not only to select the casino with BTC, but make sure that all the other options of the project are all right. 

Of course, our project hasn’t managed to gather all of them. But the list of top-10 ones can come in handy.  

Advantages of Bitcoin

Now it’s time to sum up and check whether the method is the one you are looking for. So here are the upsides to this payment method:

  • high-end security;
  • instant transfers;
  • low or absent fees;
  • full anonymity;
  • an opportunity to keep crypto on the online e-wallet or on any gadget;
  • exchanging for any other currencies 24/7. 

Disadvantages

Still, several downsides also take place. They are:

  • the volatility of the currency;
  • the method is relatively new and can sometimes seem to be difficult to understand for newcomers.

Deposit Limits

By using free Bitcoin casino scripts or any other tools, the gambling platforms provide BTC and other currencies to be used for payments on the sites. But the main difference between the crypto and the regular ones is the fact that crypto doesn’t have any minimum limits. 

Remember to check the conditions of each casino, so sometimes the owners can set certain rules. 

Bitcoin Security Seal – How to Avoid Scams?

Unfortunately, even crypto payments can’t go without fraudsters in this area. Though the cases are quite rare and when users follow the simple safety rules, they can completely avoid scammers. 

All right, what tricks are scammers performing and how to recognize them?

Blackmail or phishing emails

Don’t pay attention to the messages that state that somebody has owned your webcam and has your private photos. Besides, don’t react to the messages about your wallet being blocked from the non-official sources. 

Fake exchanges

Have seen extremely competitive market prices at the unknown exchange service? Avoid it. 

Free giveaways

Never take part in different uncertain promotions where you «can win BTC» but have to pay for participation or provide your personal details. 

Phishing websites

When using the links from the phishing emails, you can find yourself on a fake website that can be a copy of the one you are using. But the personal details you enter will be snatched.

Among the other methods of scammers, there are scam alternative coins, pyramid schemes, even meeting with real people when purchasing something for BTC. So use only official websites and wallets as well as the casinos with licenses.  

Frequently Asked Questions

Ready to learn some more things about this payment method? Here comes the FAQ, so get familiar with the answers. 

How long will the transaction take?

Forget about queuing or frustration-inducing security checks, so BTC transactions are processed immediately. A few minutes and your funds are already on your casino’s account or on the e-wallet, as you want. 

Do all casino sites accept pay by Bitcoin?

In fact, not all the sites are working with crypto. That’s why this page includes the list of the projects that can boast this option (fiat is available either). 

Is Bitcoin accepted in my country?

Actually, it’s accepted in most countries of the world. Besides, it’s impossible to find out the country of those who get or make transactions. As for the restricted ones, they are Pakistan, Nepal and several others. 

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