TheInvestorZ

Top Licensed Bitcoin Casinos

1

BitStarz bitcoin casino

BitStarz
Since 2014
ES, FR, NL, SW, UK, and US restrictions
Casinomeister Accredited Casino
2018 EGR Awards Shortlisted
Player's Choice of 2018
Best Casino of 2017

The first hybrid Bitcoin & Euro casino

  • Bonus: $500 or 5BTC + 180 spins
  • 2,200+ games. Live casino
  • Language support: EN, JA, RU, ZH
  • Support 10 Fiat | 8 Cryptos
  • Instant payouts. Modern UX/UI
5.0
5/5

2

FortuneJack

FortuneJack
Since 2000
UK and US restrictions
The oldest Bitcoin casino

  • Bonus: 5 BTC + 250 spins
  • Live casino. Loyalty Club
  • Top-notch CAS. Fantastic UX/UI
  • Support BTC | 8 Altcoins
  • Instant payouts. 2000+ slots
5.0
5/5

3

Bitcasino

Bitcasino.io
Since 2014
EGR B2B Awards 2018
EGR B2B Awards 2017 Shortlisted

1st licensed Bitcoin casino

  • Bonus: up to mB 1,000 free
  • 5000+ games
  • 24/7 customer support (25 languages)
  • Suport € | ¥ | USD | BTC | 5 Altcoins
  • Instant payouts (under 2min)
5.0
5/5

4

mBit Casino

mBit Casino
Since 2014

Leading Bitcoin casino

  • Bonus: 5 BTC + 300 spins
  • 2000+ games
  • 10/10 customer support
  • Support only BTC and EURO
  • Instant payouts (under 10 min)
5.0
5/5

5

7BitCasino

7BitCasino
Since 2014

Leading Bitcoin casino

  • Bonus: 100% bonus or 200 spins
  • Daily cashback (up to 15%)
  • Max withdrawal: € 15K / month
  • Support Fiat | Cryptocurrencies
  • Instant payouts. No min deposit
4.9
4.9/5

6

1XBit

1XBit
Since 2007

Leading Bitcoin sportsbook platform

  • Bonus: up to 7 BTC
  • Live Pocker. Mobile Apps
  • Live bets for most sport events
  • Support BTC | 17 Altcoins
  • Instant payouts. 4000+ slots
4.8
4.8/5

7

CloudBet

CloudBet
Since 2013
130+ Countries

Leading Bitcoin betting platform

  • Bonus: up to 5 BTC/BCH + 80 spins
  • Min bet on sportbook: 10 Satoshi
  • Languages: EN, KO, RU, IN, TR, ZH
  • Support only BTC | BCH
  • Instant payouts
4.8
4.8/5

A Bitcoin casino is a gambling service that enables customers to use their cryptocurrency to play popular games such as poker, blackjack, slots, or place bets on sports and other events. They often offer Bitcoin dice games and lottery systems too.

Anonymity: Using Bitcoin provides an improved level of privacy compared to using fiat currency, since there is no real-world identity attached to a Bitcoin address. In a Bitcoin casino, you usually don’t have to disclose any personal information. There is no need to wait for exhaustive KYC verification, except in certain cases such as huge winnings, but 99% of the users don’t face any trouble.

With regular online casinos (i.e. fiat currency-based casinos), while you may not have to do any KYC verification, you end up providing them with your payment details, which in turn contain all of your personally identifiable information. In Bitcoin casinos, you may fund your online account by buying cryptocurrency at an exchange (e.g. Changelly), or directly in the casino, or even using a credit card if acceptable.

Low Cost: Bitcoin transactions are irreversible, eliminating thus the problem of chargebacks. In most cases, Bitcoin casinos also offer cheaper withdrawal and deposit fees than traditional casinos due to lower payment processing costs.

Provability: The third main benefit of Bitcoin casinos is the option of playing provably fair games. That is a trend that has started with crypto gambling businesses and one that ensures fairness.

Speed: Bitcoin enables global transfers at any time of the day. In fact, many Bitcoin casinos only accept cryptocurrency as payment. It is often not possible to use fiat currencies. Therefore, these platforms are able to provide faster cash outs, deposits, and make for a much more seamless experience. Most cash outs happen within the hour. The transactions are faster than traditional ways of sending money such as bank transfers. You don’t have to wait days for the money to arrive at your bank account.

For the casinos mentioned above, the house edge ranges between 0.5% to 2% depending on the game you play. To put this in perspective, the house edge for slot machines in Las Vegas can be as high as 10%, poker has around a 5% house edge, depending on the variation you play.

The house edge for Bitcoin casinos is quite low when compared to regular casinos. This is possible with the low overhead when it comes to handling payments. If they used fiat currencies there would be all sorts of fees involved in their operation such as deposit fees, withdrawal fees, bank fees, etc.

This depends on the jurisdiction, so always check that you are complying with the applicable laws before using any service. In some jurisdictions that outlaw online gambling and do not allow bank transfers to and from online gambling services, Bitcoin can be an alternative that makes it possible to avoid breaking any laws.

In USA, current regulations do not explicitly state that cryptocurrency gambling is illegal. While regular online gambling is regulated and is restricted for most states, current gambling laws have no quite caught up with cryptocurrency.

There are only three states that allow for any type of gambling activity, online or offline, which are Delaware, New Jersey, and Nevada. Some casinos play it safe and block any US IPs, but that does not mean that cryptocurrency gambling is illegal in the United States.

A provably fair game is one where you can verify your bet against a third party to ensure that the casino didn’t tamper with the result. All the casinos mentioned above have at least a section for provably fair games. If you are paranoid about a Bitcoin casino cheating you out of your winnings you may decide to play those games where the bets can be easily verified.

Bonuses аrе a great part of оnlіnе gаmblіng, аnd іt iѕ асtuаllу very rare tо find a рlаtfоrm that dоеѕ not offer users аt lеаѕt one ѕресіаl рrоmо. Typically, you will be able to receive your bonuses automatically as soon as you sign up for the particular casino you wish.

Tо see whеthеr a саѕіnо either has unfаvоrаblе wаgеrіng requirements or if thе саѕh-оut tеrmѕ аrе unrеаlіѕtіс, go thrоugh the соndіtіоnѕ аnd сlаіm thе соmmоn “Bіtсоіn саѕіnо nо deposit bonus” .

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