|1||Up to 120% on the first deposit + 100 Free Spins|
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|Sign-Up||18+. New players only. Must use bonus code 250CASINO within 7 days and make real money deposit in GBP. Max bonus amount is 100% up to £ 250. Min deposit £ 10. To get bonus, player must wager an original deposit once using the real money balance within 7 days. Wager Req is 39x and must be fulfilled only from the real money balance within 30 days on games in the category of Bonus slots. If a player loses the initial deposit, he/she is able to deposit again and proceed with rollover. If a player loses the additional deposit, the bonus code remains active until the date of expiration and the player can continue rollover requirements by making further deposits. This offer may not be combined with any other offer • Withdrawal restrictions & full T&Cs apply: No Deposit Offer terms & Welcome Bonus Package terms. Read full T&C. T&Cs Apply|
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|Sign-Up||Full T&Cs Apply. New Customers only. 18+. Wager your deposit 10 times on betting markets with odds of at least 1.65 within 30 days. Deposits using Neteller, Skrill and PayPal are not eligible.T&C Apply|
Why Play At Bitcoin Casinos?
Bitcoin is surging in value once again. From the start to the end of 2020, the digital currency’s value grew by a stunning 229%. With industry rumours in full flow, it seems that many are predicting a continual rise throughout 2021, which some citing the value of Bitcoin is expected to double.
Over the years, Bitcoin has become more popular with players, and casino uptake of this payment method has now reached over 200 worldwide casinos – another new milestone for the currency in 2020. It’s clear that more casinos than ever before are offering Bitcoin payments, and this trend is set to continue as Bitcoin gains more momentum.
Bitcoin payments are ‘peer-to-peer’. This means the money goes from you to the casino and back again with no middleman involved. That’s one of the reasons the transaction fees at Bitcoin casinos are much lower and the payments much faster.
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. Decentralisation and anonymity are probably the two biggest reasons people adopt Bitcoin.
What to Be Aware of When Gambling with Bitcoin in 2023
- Pick Your Casino Well: As in every area of the casino industry, there are better Bitcoin casinos and those that don’t quite meet the mark of providing great gaming experiences and provably fair gaming. With 2021 seeing an increase in the availability of Bitcoin Casinos, you’ll have more choice than ever before about which sites you want to play at, but you also need to be aware that unlicensed Bitcoin Casinos do exist. If you want to avoid the dilemma of investigating each Bitcoin Casino yourself, then select one of CasinoGuide’s recommended Bitcoin Casinos.
- Price Volatility: For once, we’re not talking about slots when we reference volatility. When it comes to Bitcoin, we’re talking about price volatility. As Bitcoin is a very volatile currency, it is essential to keep an eye on your stock price before you gamble with it and manage your bankroll carefully. Be aware that the value of Bitcoin fluctuates frequently.
- Irreversible Transactions: This point speaks to new Bitcoin users; if you make an error with a Bitcoin transaction, because of the nature of the currency, you cannot go back and correct your mistake. The casino transaction is final so double check your bitcoin deposits and withdrawals before processing them.
Will Casinos Continue to Payout in Bitcoin if the Boom Continues?
With some experts theorising that Bitcoin will double in value in 2021, it’s important to consider whether casinos will continue to payout in Bitcoin if the price rises exponentially? The answer is not clear cut: it’s unlikely that casinos will completely stop paying out in the currency if this takes place, but we cannot say for sure what each casino will choose to do in this scenario. It will depend on how rapid the price change is, how much it changes, and how quickly the casino can react to the market volatility.
Bitcoin Price Increases
The increasing price of Bitcoin is excellent news for gamblers as your Bitcoin will now go further at the casino, and it’s worth more (for those players who already have Bitcoin). Plus, gambling and winning with Bitcoin is undoubtedly an easier way to increase your holdings (or decrease if loosing) and use it in a financial transaction over mining or trading.
Gambling with Bitcoin at the casino is considered a safer place to spend and use Bitcoin than an exchange, which does not have player and financial protections in place, unlike licensed casinos. Therefore scams (some of which have resulted in the loss of millions of pounds through Bitcoin hacking) are more commonplace. What’s more, with provably fair gaming at Bitcoin casinos, you check the game results as you play.
Bitcoin Casinos Reviewed
Below, we’ll discuss the key aspects of using Bitcoin to give you a better idea of how it compares with other payment options.
Payment Speeds – 5/5
Deposits are usually immediate and withdrawals are typically very fast as well.
Payment Limits – 4/5
The limits on Bitcoin payments aren’t prohibitive to most players, but some online casinos are understandably wary of accepting very large sums in this way due to strict anti money laundering regulations.
Ease Of Use – 3/5
Bitcoin isn’t something that you can easily pick up and use if you have no knowledge of it. However once you know what you’re doing, it’s relatively simple.
Security And Anonymity – 5/5
One of the main USPs of Bitcoin is that it’s decentralised and can be used anonymously.
How We Rate Bitcoin Casinos
All of the Bitcoin casinos in our list above have been thoroughly checked and approved by our team of in-house experts. Here’s what they look for:
Aside from offering Bitcoin as a payment option, what other things has the casino got going for it?
Are signup bonuses available? Are these offered in denominations of Bitcoin?
Does the casino offer any of the special games only available at Bitcoin casinos, like Dice? What other games are on offer?
How is the user experience when playing on a mobile device?
Does the crypto casino integrate well with Bitcoin wallets, and other payment solutions?
Support and Security
How easy is it to get in touch with support, and what measures are taken to ensure games are fair and secure?
A Checklist for UK Bitcoin Casinos
Before you venture into the Bitcoin gambling landscape, it is imperative that you do some research on your own in order to establish if the casino is legit or not. To help you on your way, below we have compiled a guide of several steps you can take in order to make sure you are gambling at a legit and safe Bitcoin casino.
If you want to ensure that you’re playing at a safe (and real) Bitcoin casino, follow the steps and look out for the following signs
Always read casino reviews
This is the first and most important step before signing up at any online casino. Google the casino you intend to join or simply take a look through our extensive list of top-notch and safe online casino reviews.
If there’s very little or no word on how an online casino functions, it is safer to steer clear and sign up at a well-known site with a solid reputation. As always, the number one rule is ‘rather safe than sorry’. If you have your doubts about an online casino, don’t sign up and definitely don’t make a deposit.
Look out for fake casino games
While tricky to spot, fake online casino games are a tell-tale sign that a casino is up to no good. The games may look and sound much like the original, but you’ll soon spot a glitch or an error that you wouldn’t find while playing a legitimate game.
For this reason, most fake Bitcoin casinos won’t let you play their games for before signing up for fear that you’ll spot the problem before making your first deposit.
Always ensure that the games you play are 100% legitimate for a fair chance to be a winner. When playing a fake version of any online casino game, your bets won’t count and your chances of winning are slim to none.
Payouts are a problem
Fake Bitcoin casinos are notorious for taking money from their customers, allowing them to play fake casino games, and potentially even win. This is where the real problem comes into play. After taking money from their customers, fake Bitcoin casinos will offer either very slow and short payment or no payment at all.
A huge plus for legitimate Bitcoin casinos is that withdrawals are practically instant. Without any fees, banking institutes, or red tape to work around, Bitcoin offers a quick and easy way to withdraw winnings. Fake Bitcoin casinos will rob you of this experience.
Zero customer service or responses
It’s important that no matter which online casino you join, you should have access to well-trained customer service representatives to help you whenever you need it.
Whether to answer queries regarding deposits, withdrawals, promotions, or gameplay, you have the right to speak to a customer service agent at the establishment that takes your money.
Fake Bitcoin casinos may provide you with an email address, but you will receive little or no response from any so-called customer service agent. These sites are often created and run by one or two individuals who intend to do nothing but rake in Bitcoin from users they’ve duped into making a deposit.
Do They Offer Provably Fair Gambling?
Provably Fair technology allows you to personally verify the fairness and accuracy of a game’s outcome. For example, you can see in black and white the process by which the outcome of spinning the Roulette wheel is generated.
This technique is used to ensure the transparency of Bitcoin casinos and crypto casinos at large and is accomplished by a set of digital steps that are called cryptographic hash functions:
- 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 (i.e. pressing the ‘Spin’ button).
- 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 unique to Bitcoin casinos, but is hidden behind a more user-friendly interface. You certainly don’t need to know all of the technical terms in order to make sense of it.
Bankroll Management in Bitcoin
With the Bitcoin price hike and general volatility, as a casino player, you’ll need to manage your bankroll more thoroughly when playing at any crypto casino in the UK, as the value can change in seconds, making it more challenging to stay on top of your bankroll than when using a traditional and less volatility currency.
Usually, when planning bankroll management, players will consider the total amount they want to spend, the game RTP, and how much they wish to bet per hand or spin to calculate how long they can play with their bankroll.
- You have a £1,000 bankroll.
- You plan to play European Roulette which was a 2.70% house edge.
- You want to place a bet of £5 per round, and the table gets through roughly 50 rounds per hour.
- The calculation is 50 (rounds per hour) x 5 (bet size) x 0.027 = a loss rate of £6.75 per hour.
- To calculate your bankroll longevity, simply divide your total balance by the hourly losses expected: 1000/6.75 = You could play for 148 hours for a £1000 bankroll making bets of £5 per round.
Due to the volatility of Bitcoin, you’ll need to make these calculations more often and more carefully, ensuring you stay on top of the value of your bankroll for the game you are playing and that you’re not depleting your bankroll of Bitcoin too quickly. Bankroll management not only helps you pick a bet size per game but also prevents you from facing heavy short-term losses from betting too high.
Making Deposits And Withdrawals At Bitcoin Casinos
With Bitcoin casinos, you don’t have to have a credit card or bank account tied to your online casino account. All transactions can go through your Bitcoin wallet.
Bitcoin casino deposits and withdrawals are usually processed very quickly. However, the length of time can vary depending on the amount of money you’re dealing with.
Most casinos that allow deposits and withdrawals with Bitcoin use a third-party payment solution to facilitate this, such as GoCoin or BitPay. You may need to create an account with the relevant payment provider, and fees may be applicable.
Bitcoin Casinos = Short Waiting Times
Smaller transactions at Bitcoin casinos 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 such as VISA or Google Pay!
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, withdrawals at Bitcoin casinos are highly superior to most other methods in terms of speed. When you consider bank transfers can often take 1-3 working days to be sent out, waiting 10 hours seems a minor inconvenience in comparison.
Bitcoin Casinos Minimum Deposit
When you play on Bitcoin casinos, the minimum deposit will typically be an amount equal to approximately £10. When signing up at Bitcoin casinos, always check the terms and conditions carefully before making a deposit. This should tell you all you need to know about minimum deposit amounts. This goes for all kinds of cryptocurrency casinos to know how to activate crypto casino bonuses.
Remember that the value of a single Bitcoin can vary drastically. For example, in 2017 it jumped from £830 up to over £15,000! This is why most payments you’ll make while playing at casinos that accept Bitcoin will be in mBTC instead of whole Bitcoins.
Bitcoin Casino Bonuses
In order to encourage you to sign up 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 Bitcoin casinos even offer free Satoshis for signing up, making referrals, playing new games, and more, so always be on the lookout for the best Bitcoin casino bonuses, both welcome bonuses and reload bonuses.
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 certain types of games to use your Bitcoin casino bonus on. Make sure you read the terms and conditions of your Bitcoin casino bonuses thoroughly.
Bitcoin Casino 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! Using your Bitcoins, you’re able to play whichever online casino games you like, whenever you like.
Some 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 casino from your mobile or tablet’s browser. Unless your phone is very old, it should be compatible. There are even some alternative casino payment options specifically designed for mobile players.
What Is Bitcoin?
Bitcoin is a type of decentralised digital currency, known as a cryptocurrency. It is particularly popular in digital exchanges, as
it relies 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 Satoshi Nakamoto. This is almost certainly a pseudonym; it is speculated that this is an alias of a programmer or a group of programmers who wished to stay anonymous.
The Rise Of Bitcoin
Until 2016, Bitcoin was mainly the preserve of tech-savvy and revolutionary types – therefore these were the only people playing at Bitcoin casinos. 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 and the UK crypto casino market.
Contingency Plans in Case Bitcoin Price Takes a Tumble: Working Out When it’s Time to Sell?
As Bitcoin is so volatile, the market price could potentially tumble again like in 2018, despite growth predictions: which leaves you with two options, hanging on to your bitcoin until the value rises again, or selling to minimise you loses.
You can use casino bankroll methods to decide when to sell Bitcoin too, but in the case that the value of the currency is dropping rapidly, there’s likely to be a rush on Bitcoin with others selling it also, and this will further lower the price, which is something to keep in mind.
Using bankroll management theory to guide your Bitcoin investments works like this:
- You buy one Bitcoin, brought at the cost of £27,000.
- You want to sell if your investment drops 25%+ in value
- 27,000 x 0.25 = 6750
- 27,000 – 6750 = 20,250 – it’s time to sell you Bitcoin if it drops below this value.
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: 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 – unless you’re a big high roller who likes throwing whole Bitcoins around.
Bitcoin Units Table
|Bitcoin Unit||Bitcoin Value||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 Acquire Bitcoins
Obviously, if you are intending to play at Bitcoin casinos, you’re going to need
some bitcoins in your wallet first of all.
There are two ways that you can add funds 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!
Storing Your Bankroll
Your Bitcoin is stored in what is called a Bitcoin wallet. These wallets come in four forms:
- Online Bitcoin wallets – similar to an e-wallet like PayPal
- Bitcoin hardware wallets – physical devices for securely storing your bitcoins
- Software wallets – like online Bitcoin wallets, but downloaded to your phone or other device
- Paper wallets – these are private keys printed out from an offline computer.
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 four 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.
If you use a hardware or software 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.
What Is A Bitcoin Casino?
For the purposes of this article, a Bitcoin casino is simply an online casino sites that accepts Bitcoin for incoming deposits or outgoing withdrawals.
Which Are The Best Casinos Accepting Bitcoin?
The top Bitcoin casinos as rated by our experts can be found in the list at the top of this page.
How Do Bitcoin Casinos Work?
Bitcoin casinos work in much the same way as other kinds of online casinos. The main difference being they accept payments made with Bitcoin.
Are Bitcoin Casinos Legal?
In the UK, the Gambling Act of 2005 made real-money gambling legal if it was done with a licensed operator. If you are a UK resident, then you are fully within your rights to play at licensed Bitcoin casinos like those listed above.
Are Bitcoin Casinos Regulated?
Are the Bitcoin casinos’ UK players’ access regulated? Well, yes and no. Not all are regulated, but those in our list above are extremely well-regulated – we only recommend casinos licensed by the UK Gambling Commission.
Are Bitcoin Casino Games Secure?
As mentioned above, the use of Bitcoins is very secure. There are many encryption techniques and failsafes which prevent unauthorised people from accessing your online wallet. It is also wise to ensure you are playing at Bitcoin casinos that are reputable and trustworthy.
How Long Do Bitcoin Casino Deposits Take?
It depends on the online casino and whether you have already verified your identity, but typically deposits made with Bitcoin are completed in under 10 minutes, and sometimes even immediately.
How To Cash Out From A Bitcoin Casino?
While logged in, visit the page where you can check your current balance. There should be a button there for making withdrawals or payouts. Click this, select Bitcoin as your payment method and follow the instructions.
How Much Is 1 Bitcoin Worth When Playing At Online Casinos?
Throughout 2019, the value of 1 bitcoin ranged from just under £3,000 to just over £10,000 – it’s a highly volatile currency. At the time of writing, 1 bitcoin is worth approximately £8,000.