Bitcoin Casino Reviews: 2018
Bulk up your cryptocurrency wallet with Bitcoin Casinos!
Play at the best online casinos that accept Bitcoin today! With the cryptocurrency revolution picking up speed, there's been no better time to get into Bitcoin casinos.
Best Bitcoin Casinos 2018
Benefits of playing at a recommended Bitcoin Casino from our list:
- very short waiting times when cashing out your winnings (sometimes immediate)
- play online casino games without surrendering credit card information
- Bitcoin Casinos in our list are fully regulated, licensed and secure
- extremely low or even non-existent transaction fees
- unmatched privacy compared to other payment options
- highly safe and reliable payment option
Why Bitcoin Casinos? What is Bitcoin?
Bitcoin is a decentralised digital currency, known as a cryptocurrency. This is a highly popular type of currency particularly in digital exchanges, as they rely on nearly unbreakable encryption techniques. Bitcoins are user-generated and can transferred from one party to another by use of a cryptocurrency wallet.
Bitcoin was created in 2009 by a person supposedly named Satoshi Nakamoto. It is speculated that this is an alias of a programmer or a group of programmers who wished to stay anonymous.
Until now, Bitcoin was mainly the preserve of tech-savvy and revolutionary types. The online, decentralised system and peer-to-peer payments ware naturally appealing to these demographics. However with the value of Bitcoin spiking by over 1400% in 2017, more and more people have become interested in the cryptocurrency.
How Do Bitcoin Casinos Work?
Bitcoin payments are 'peer to peer'. This means the money goes from entity A to entity B with no middleman involved. This means you can transfer money without the involvement of a bank. That's why when you play on a Bitcoin casino, you’ll find the transaction fees are much lower.
When you buy Bitcoin, you are identified by a unique address, rather than by name. Because of this, Bitcoin is extremely popular for purchasing items anonymously.
Bitcoin Casinos: Common Units
Bitcoin currently comes three main units: Bitcoin (BTC), milli-Bitcoin (mBTC), and micro-Bitcoin (uBTC).
The BTC is a whole unit, the mBTC is a thousandth of a Bitcoin, and the uBTC is a millionth of a Bitcoin. Other units that are commonly seen include the dBTC (one-tenth of a Bitcoin) and the cBTC (one-hundredth of a Bitcoin).
When you gamble on Bitcoin casinos, you’ll mostly see the unit of mBTC being used.
Bitcoin Units Table
Value if 1BTC = £10,000
(one tenth of a Bitcoin)
(one hundredth of a Bitcoin)
(one thousandth of a Bitcoin)
(one millionth of a Bitcoin)
(one hundred millionth of a Bitcoin)
|0.00000001||Less than £0.01|
A Satoshi is the smallest possible unit of Bitcoin, named after the cryptocurrency's creator. Each Bitcoin is divisible to the 8th decimal place, and no further.
As their value is so small, Satoshis are often used by Bitcoin Casinos as a no deposit bonus. This enables you to get started even if you don't have any Bitcoins yet.
How to play at Bitcoin Casinos: Bitcoin Buying Guide
Interested in Bitcoin casino games? This is one of the few Bitcoin casino reviews that’ll tell you exactly how to go about investing in Bitcoin.
When you go to play on a Bitcoin casino, it is helpful to first have a balance in your Bitcoin wallet. These wallets come in three forms: online, software (offline), and hardware.
Almost all Bitcoin casino reviews agree that hardware wallets are the most secure type of Bitcoin wallet. However, online wallets are the easiest type to use, especially if you’re not particularly tech savvy.
All three types of Bitcoin wallet can at first seem hard to use. But it's just a matter of taking your time and familiarising yourself with the interface.
How To Buy Bitcoins
There are two ways that you can add money to your Bitcoin wallet. You can buy Bitcoins – either from an exchange or from individuals who have Bitcoins to sell. Or you can mine them yourself - this is much more complex and requires a lot of technical knowledge.
Bitcoin is popular with a lot of people because of its inherent privacy. You can buy Bitcoins anonymously; the only information you have to provide is an email address. That said, it is possible to purchase Bitcoins using debit cards, credit cards, and other common payment methods.
The exchange rate for GBP (or any other currency) to Bitcoin constantly fluctuates and is extremely volatile. Try to keep a close eye on the exchange rates and buy your Bitcoins when they are in your favour. That way, you can play more Bitcoin casino games for your money!
A Brief Explanation Of How Bitcoin Works
There's a lot of websites and videos on the Internet that claim to explain how Bitcoin works. Unfortunately, most fail to adequately do so and only add to the confusion.
This is one video which we think manages to add a little clarity. Hopefully the clear diagrams and descriptions made in real-life terms should prove easier to understand!
Bitcoin Casinos: Deposits and Withdrawals
With Bitcoin casinos, you don’t have to have a credit card or bank account tied to your online casino account. All transactions go through your Bitcoin wallet.
Bitcoin casino deposits and withdrawals are usually affected very quickly. However, the length of time can vary depending on the amount of money you’re dealing with.
Short Waiting Times
Smaller transactions are almost instantaneous, assuming you already have a Bitcoin wallet set up. For larger amounts of money, it can take 2-10 hours for the entire transaction to be completed. Still much faster than most other payment options!
So why the longer wait time when dealing with larger amounts? Although the transactions themselves are processed very quickly, the security measures of the Bitcoin casino may cause slight delays.
With a maximum wait time of less than half a day, Bitcoin withdrawal are highly superior to most other methods in terms of speed. When you consider cheques can take an average of five working days to be sent out, waiting 10 hours seems a minor inconvenience in comparison.
Bitcoin Casinos: Is There a Minimum Deposit?
When you play on Bitcoin casinos, the minimum deposit will typically be an amount equal to approximately £5. Typically, the unit you will be mostly using on Bitcoin casino sites is the mBTC.
The worth of an entire, whole Bitcoin can vary drastically. For example, in 2017 it jumped from £830 up to £14,500! This is why most payments you’ll make when playing at casinos that accept Bitcoin will be in mBTC instead of whole Bitcoins.
When choosing a Bitcoin casino, always check its terms and conditions carefully before making a deposit. This should tell you all you need to know about minimum deposit amounts.
What Do I Need to Download?
If you use a hardware wallet to store your Bitcoin, you’ll need to download and install the software onto your computer. The other two types of Bitcoin wallet we previously mentioned don’t require you to download anything else.
Upon signing up at the Bitcoin casinos themselves, you will be able to play within your web browser, like all no download casinos. The recommended Bitcoin casinos listed above offer well-optimised and smooth gaming on all devices.
Bitcoin Casinos Games on Your Mobile Phone
Even if you usually play on your laptop or home computer, mobile casinos offer great flexibility. By taking your Bitcoin casino with you in your pocket, you can play while on the go or even at your place of work! Playing Bitcoin casinos on your mobile phone is becoming increasingly popular for this reason.
Additionally, most Android smartphones, iPhones, Android tablets, and iPads can be used to play on Bitcoin casinos. Using your Bitcoins, you’re able to play whichever online casino games you like, whenever you like.
This means, for example, you can play Blackjack online (among other games) on your mobile phone, at a Bitcoin casino!
How To Play At Bitcoin Casinos On Mobile
Ready to play at a Bitcoin casino on a mobile phone or tablet? Take a look at the list above and click on at the Bitcoin casino site you’re most interested in. After you sign up for an account, you will be able to start playing almost immediately.
Most Bitcoin casinos offer a mobile app for you to use as well. But if you don’t like downloading apps, you can just access your Bitcoin casino from your mobile or tablet’s browser.
Bitcoin Casino Bonuses
With the selection of Bitcoin casino UK operators above, you may have trouble deciding which to play on. What can help you narrow your choices are the Bitcoin casino bonuses on offer.
In order to encourage you to make a deposit, many Bitcoin casinos will offer deposit bonuses. The amount varies, but it is typically a percentage of your first deposit. For example if you deposited £100, a 200% match deposit would give you another £200 to play with, making £300 in total.
Some mobile casinos may even offer free mBTCs for signing up, making referrals, playing new games, and more. Check our NetBet review to learn more about one of the first Bitcoin Casinos UK players were given access to.
Bitcoin Casino Bonus Terms
Even though some deposit bonuses may seem extremely attractive, make sure you know exactly what you’re getting. Almost all deposit bonuses come with wagering requirements. These are fine if you just want to play, but will prevent you from withdrawing your bonus too soon.
They may also limit you to a few certain types of games to use your deposit bonus on. Make sure you read the terms and conditions of your Bitcoin bonuses so you know what each Bitcoin casino is trying to offer you.
Once you have got your head around this, it will be easier to choose which Bitcoin casino you want to play at.
Bitcoin Casinos: Are They Regulated?
Are Bitcoin casinos regulated? Well, yes and no.
Not all of the Bitcoin casinos in existence are regulated. But the cream of the crop – such as those in our list above – are regulated. We only recommend casinos licensed by the UK Gambling Commission, the Government body charged with ensuring fair play.
Online casinos should technically obtain a license from the countries they operate in. But this isn't always possible for various reasons. Ideally, you will be able to check out the casino for yourself in advance of signing up to ensure they offer a good service.
We know that not everyone has the time to do this though. Which is why we only list the best Bitcoin casinos in the UK - all of which are fully legal and regulated by the highest authority. Use our Bitcoin casino reviews to get a clear idea of the online casino before signing up.
What is Provably Fair Gambling?
Fair odds are the cornerstone of an enjoyable Bitcoin casino experience. What fun is it to gamble on an online casino that constantly undermines your ability to win? Fair odds are enforced through provably fair gambling.
Provably fair gambling occurs through a set of digital steps that are called cryptographic hash functions. Here’s what happens when you sign up at a Bitcoin casino and play on your favourite casino games.
- Secret seed is generated — This secret seed is random and is encrypted into a hash code. This is all done by the server.
- Secret seed is delivered — This hashed code of the secret seed is sent to your device.
- Random client seed is inputted — This random client seed is inputted by you.
- Seeds are mixed up — Both of the seeds are then mixed up by an encrypted function.
- Secret seed is revealed — This is done for client verification. You are able to check the secret seed.
This method is popular with Bitcoin casinos, but is hidden behind a more user-friendly interface.
Are Bitcoin Games Secure?
As mentioned above, the use of Bitcoins is very secure. There are many encryption techniques and failsafes which prevent unauthorised people accessing your online wallet.
When it comes to the actual Bitcoin casino itself, the security can vary. To ensure you are playing at reputable and trustworthy Bitcoin casinos, make sure you choose from the Gambling Commission approved casinos in our list above.
Bitcoin casino reviews can be very telling. Find out how the casino is run and how they handle their customers’ concerns if you have the time!
Is Gambling with Bitcoins Legal?
If gambling is legal where you are, then Bitcoin gambling is legal too. In the UK, the Gambling Act of 2005 made real-money gambling legal. If you are a UK resident, then you are fully within your rights to play at a Bitcoin casino.
Currently there are no laws specific to Bitcoin gambling, although that may change in the future.
Bitcoin Casinos: An Easy Way to Play
The general consensus of most Bitcoin casino reviews is that Bitcoin casino play is advantageous in many ways. It is popular with those who like to play slots online, as well as those who play Roulette and other casino games including Bingo.
Not only can you buy the currency anonymously, but you’re also buying it in a very safe way, benefitting from many levels of security. Plus, you only pay a very small transaction fee that is significantly lower when compared to credit cards.
Getting into Bitcoin Casinos because you enjoy being on the cutting edge of technology? You may also enjoy playing at a Virtual Casino - where you are transported into the atmosphere of a physical casino by a virtual reality headset.
Play at a Bitcoin Casino Today!
Jump aboard the Bitcoin gravytrain and have some online casino fun at the same time! Its inherent security and anonymity make Bitcoin the ideal casino payment method.
Take your pick from our recommended Bitcoin casinos list above and collect an impressive bonus, just for signing up and making a deposit!