We often hear something about Bitcoins and cryptocurrencies, but, for many, they also remain a mystery, and it is quite difficult to understand what it is. Bitcoins also penetrated the online gambling games sphere, and entire Bitcoin casinos appeared. The good news is that you do not need to understand Bitcoins thoroughly to play in a Bitcoin casino, just basic skills are enough, and we will help you to figure it out.
In our article, we will look at what this mysterious bitcoin is, which casino games can be played using this system, where to look for the best casino, rating of bonuses, is it possible to get 5 BTC as a casino bonus, and other useful content.
What Is Bitcoin
Let’s start by getting to know the concept of bitcoin, what it is, and how bitcoin appeared.
- In January 2009, an anonymous person named Satoshi Nakamoto created a cryptocurrency and named it bitcoin.
- Bitcoin functions on peer-of-peer technology, so it does not depend on the state, not on the banking system.
- To create bitcoin, miners (the people who create BTC) have to solve math problems on computers.
- You can’t touch bitcoins or put in your wallet, they don’t physically exist, but bitcoins are available on balances maintained in an easily accessible and transparent public ledger.
- A special bitcoin wallet is used to store, receive, and send bitcoins.
- Bitcoins can not only be mined but also bought, for this purpose, fiat currencies are used on cryptocurrency exchanges.
- Bitcoins are of great value, in November 2020 1 bitcoin equalled AUD 21898.
- Every bitcoin is a computer file stored on a computer.
- All transactions are recorded in the blockchain; this is a special public list.
Pros & Cons of Bitcoin Casinos
Why should players play at bitcoin casinos? What advantages does it have over conventional casinos, and are there any disadvantages to this type of online casino? Let’s try to figure it out with you below.
Perhaps this is the biggest advantage of Bitcoin casinos. In an age when there is literally all the information about us on the Internet, and it is quite difficult to hide from someone, anonymity has become much more valuable. And transactions in bitcoin online casinos are anonymous. If you choose to deposit via a bitcoin wallet, then you do not need to open your credit card details.
- No control from the bank
We didn’t tell you this, but if you play in a grey online casino, then bitcoins might be the perfect payment since they don’t have government or banking controls as with fiat currency.
Bitcoin transactions are speedy and instant, no need to wait 5-10 banking days, just fast withdrawals.
- No taxes
Another advantage comes from the fact that there is no government control, and it does not recognise bitcoin as real money: no real money, no taxes.
You can easily make a deposit or withdrawals with bitcoin, and their use will be free of charge.
Sounds great, doesn’t it? But take your time, let’s see what disadvantages bitcoin casinos can have. There are not many of them, but they are still there.
- Lack of license
This is not the case for all bitcoin casinos, but some of the bitcoin-only online casinos have opted not to obtain a gaming license. Naturally, the degree of players’ confidence in such online casino is lower.
- Small amount
Although bitcoin appeared more than 10 years ago, it is still incomprehensible to many ordinary people, so the number of bitcoin casinos is quite limited, and the choice is not as great as that of online casinos that use traditional payment methods.
- High volatile
Your winnings may be affected by Bitcoin volatility.
- Longer time for BTC withdrawals
Yes, we said that Bitcoin casino transactions are lightning-fast, but if you want to avoid paying a commission or get a lower commission, then the withdrawal will take longer.
Choosing a Bitcoin casino
And so, you have weighed all the pros and cons of a bitcoin casino and decided to give it a try. What’s next? How to choose the best bitcoin casino Successfully? Of course, we can help you with this.
All bitcoin casinos are divided into two types – bitcoin-only casinos and online casinos that support bitcoin. Their difference is that the first casinos specialise only in cryptocurrencies and accept bitcoins, and several other currencies such as Ethereum, Dogecoin, and others.
And online casinos that support bitcoin offer to use bitcoin along with the usual payment methods and fiat currency – bank cards, bank payments, e-wallets, vouchers, and so on.
If you don’t really understand what bitcoin is, then choosing the best bitcoin casino can be completely confused. We understand this; therefore we have compiled for you a list of criteria that will make it easier for you to choose so that you can easily find the best bitcoin casino, and only enjoy the casino experience.
Criteria for choosing the best Bitcoin casinos
Players can trust those casinos that are licensed and regulated; the user experience will be calm, without unnecessary hassle. Usually, the license information is located at the bottom of the casino website. See that well-known gambling jurisdictions issue the license.
- Customer support
Decent online casinos always have customer support available to them 24/7. For this, chat on the site, email, social networks, instant messengers, or other communication tools can be used. Customer support should be easily accessible to you, answer all your questions or doubts. Runaway from the casino where the customer support team talks badly or disrespectfully with you.
It is nice when casinos offer bonuses. Players can look forward to a generous welcome bonus, first deposit bonus (or other deposit bonuses), free spins, or other players-friendly amenities. Make sure you have learned the wagering requirement, and terms and conditions for the bonus.
Explore how online casinos provide game security with them. What methods does the casino use to secure the data of its players? Was there an unpleasant incident in this casino?
- Game fairness
If you cannot test the games for provably fair yourself, then we always advise you to choose casinos in which the games are licensed and regulated by auditors. The most famous and trusted of them are eCOGRA, iTech Labs, GLI.
- Variety of games
Choose a casino with games from the best game providers. It is better if the casino represents several game providers so that you can enjoy a wide variety of games on one platform at once. Players will find different kinds of slots (pokies in Australia), live dealer games, table games, such as blackjack, roulette, poker, and so on.
Best bitcoin casinos present their players with reward and VIP bonuses for customers’ loyalty.
How To Deposit With Bitcoin
Before players can play with bitcoins in a casino, there are a few steps to take.
1. Download your bitcoin wallet
There are four types of Bitcoin wallets: mobile, hardware, web, desktop. A wallet is a software with which you can store, send, and receive bitcoins. As always, we will help the players not to get lost in the variety. We have selected for you some of the most famous services with which you can safely create a bitcoin wallet.
Type: web wallet
Main features: ease of buying, selling, and storing bitcoins; customers can link their bank account to accounts on the Coinbase website; the ability to earn free bitcoins by participating in surveys and watching promotional videos; high commissions.
Type: a hardware wallet
Main features: the cheapest wallet itself costs USD 59; work when connected to a computer or phone; they are big as USB flash drives.
Type: mobile wallet
Main features: easy and quick installation of the wallet on Android and iOS devices; support for over 30 cryptocurrencies, including bitcoin; no wallet for desktop computers.
Type: web and mobile wallet
Main features: there is an opportunity not only to store but also to sell and buy bitcoins; customers do not need to pay for the service; there is support for six cryptocurrencies, including bitcoin.
Type: a hardware wallet
Main features: the ability to connect to a desktop computer or smartphone; price range from USD 55 to USD 500; support for over 1000 currencies, including bitcoin.
2. Obtain bitcoin
You now have the required wallet, but no bitcoin themselves. Where can players get them?
There are several ways to get bitcoins.
- Bitcoin exchanges
If you register on bitcoin exchanges, you can buy them with fiat money. We recommend Binance, CoinJar, LocalBitcoins, or Coinbase. You can link your e-wallet, bank account, or credit card to your bitcoin exchange account.
- Bitcoin rewards
As we mentioned above, some sites (like Coinbase) give their customers bitcoins for watching videos or taking surveys. To do this, you need to be registered on the site.
- Buying bitcoin in person
This can be done in several ways. You can buy bitcoin through websites (such as Coin ATM Radar), it will show you bitcoin ATMs, with the option of exchanging regular currency for bitcoin. And the LocalBitcoins site will find people from whom you can buy bitcoin. Paxful will find a bank to exchange cash for bitcoin.
Buying Bitcoin with a Credit Card
You may be wondering how to buy bitcoin using a credit card. Not as difficult as you might think. To purchase, you need to follow a series of simple steps:
- Register on a bitcoin exchange website that uses a credit card payment system.
- Go to your account.
- Select the required amount of bitcoins to buy.
- The site may want to verify your identity, go through this procedure.
- Next, enter the required details of payment systems – credit card and bitcoin wallet.
- That is all. Receive your bitcoins.
3. Deposit with bitcoin
After completing all the previous steps, you just have to make your BTC deposit at the casino. Use our step by step guide to making it easy and simple.
- Choose from the best bitcoin casinos on this site and register at the casino. We always recommend only trusted casinos, so players have nothing to worry about.
- Log into your casino account and go to the payment/purchase tab.
- In the deposit column, select bitcoin as payment currency.
- Enter the amount of BTC.
- Instructions will appear on your screen, follow them.
- Players do not need to waste time and wait, you can play right away, as Bitcoin deposits happen very quickly, we will even say instantly.
Withdraw Your Winning in Bitcoin Currency
Of course, playing in a casino is primarily about fun and an atmosphere of excitement and ease. But players visit casinos and play there to win and get their winnings. We will tell you how to get your winnings at crypto casinos. This is a simple process that can be completed in a few steps.
- Log in to your account on the casino website.
- Go to the casino cashier tab.
- In the column “preferred method of withdrawal of winnings” indicate bitcoin.
- Leave your bitcoin wallet address.
- Some casinos have the ability to scan the QR code of a bitcoin wallet, use the camera of your smartphone or tablet for this.
- Check all the entered data and confirm it.
- Click on the “withdraw” button.
- Your winnings will now go to your Bitcoin wallet.
How Bitcoin Casinos Operate
Using bitcoin transactions, casinos offer games, online lotteries, even sports betting.
Many providers develop casino games that configure them to use bitcoins. Some casinos produce their own gaming software, usually smaller casinos.
The game software runs almost without human intervention, it almost always plays the role of a dealer (except for living dealer games). Bitcoin casinos are sometimes faced with the need to convince users of their honesty, so they often disclose their software algorithms.
The audit and verification of bitcoin casinos become a real challenge, due to the anonymity of transactions and the specifics of purely digital transactions. Still, big and successful casinos get the licensing and specification they need.
The Top 3 Online Casinos
We checked these casinos, so we totally can recommend them among all as some of the best online casinos. We are sure that you will be satisfied with the experience gained in the casinos that we offer in our rating.
1. Play Amo Casino
The casino offers a great selection of games from the best casino games providers—a huge number of video poker games, table games, slots, and so on. Whichever type of game you choose, be sure the quality will be at a high level.
The casino spurs new players with their bonuses, for example, a 100% match up bonus to AUD 500 and 100 free spins.
Deposit Methods: Neosurf, POLi, and Credit cards are available for deposits, BTC deposits
Bonus: up to 100% match up, 500 AUD max, welcome bonus
Free spins no Deposit: yes, every Monday
Depositing: AUD 10 – 10000
Withdrawing: AUD 10 – 6000
Withdraw time: 1 – 3 banking days
The casino offers a user-friendly site, lightning-fast withdrawals, customer support available 24/7, a wide range of casino games (live dealer games, table games, such as blackjack, roulette, slots, and other popular games). Bitcoin gambling has never been so easy and accessible to players.
Deposit Methods: Credit cards, Neosurf, Skrill, Interac, iDebit, Ecopayz, E-Wallets, Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and other
Deposit bonuses: first deposit bonus – up to 100%, 100 AUD max, 30 free spins using special bonus code; second deposit bonus – 50% up to AUD 100 and 30 free spins using special bonus code.
Depositing: AUD 10 – 6000
Withdrawing: AUD 25 – 6000
Withdraw time: 1 – 3 banking days
3. BitStarz Casino
A casino whose creators are themselves, casino players. Bright, colourful table games, slots, other casino games, customer support, instant winnings, and many other privileges await the players of these casino games.
Deposit Methods: Credit cards, Neosurf, Bitcoin
Bonus: 20 free spins
Deposit bonuses: first deposit bonus – up to AUD 10000 match bonus with 180 free spins
Depositing: AUD 20 – 4000
Withdrawing: AUD 50 – 40000
Withdraw time: 3 – 7 banking days
Bitcoin Casino Bonuses
Bitcoin casino games attract new players with a generous BTC bonus. This is how they encourage players, and many who came only for the welcome bonus then stay with the casino and bring it money. There are special Bitcoin bonuses. Below we list several types of these bonuses.
- First Deposit Bonus
This type of deposit bonus you get when you register your account and make your first bitcoin deposit to your account at the casino. This deposit bonus means BTC bonus, which you will receive under certain conditions, and additionally, usually, bitcoin casino gives free spins. Sometimes the casino provides second deposit bonus and third, but they are lower than the first deposit bonus.
- Welcome Package
They can combine a welcome package of bonuses at once, including first deposit bonus, second deposit bonus, free spins for slots, and so on. Such a set is available to you when you register at a bitcoin casino.
- Reload Bonus
Top up your wallet on the casino website with bitcoins, and after receiving the welcome bonus, you can receive a reload deposit bonus. It is expressed as a percentage of the amount of your Bitcoin deposit.
Before using the bonus, you need to know the conditions for applying the bonus. Be sure to read the terms and conditions and pay particular attention to the wagering requirements.
A good example of Bitcoin casino bonuses Spinomenal network promotion, which launched Trick or Treat Draw as part of Halloween celebration. The prize pool was EUR 50000, and you just had to play slots and get tickets. So always keep an eye on the promotions that the casino offers, very attractive offers often appear (especially for the holidays).
Top 10 BTC Bonuses
Below we have compiled bonuses from the nicest casinos with the highest rating based on many casino reviews. Get your best signup bonus here.
First deposit bonus: 152% up to 2 BTC + 150 free spins
Bonus total: 6 BTC and 150 free spins
No deposit bonus: 20 free spins
- 7Bit Casino
First deposit bonus: 157% up to 1 BTC + 100 free spins
Bonus total: 5 BTC and 100 free spins
No deposit bonus: no
- mBit Casino
First deposit bonus: 150% up to 2 BTC + 100 free spins
Bonus total: 6 BTC and 100 free spins
No deposit bonus: 50 free spins
- King Billy Casino
First deposit bonus: 155% up to 2 BTC + 200 free spins
Bonus total: 5 BTC and 200 free spins
No deposit bonus: no
- BAO Casino
First deposit bonus: up to 1 BTC + 100 free spins
Bonus total: 5 BTC and 100 free spins
No deposit bonus: no
- CryptoWild Casino
First deposit bonus: 200% up to 1 BTC + 150 free spins
Bonus total: 4 BTC and 150 free spins
No deposit bonus: 20 free spins
- Cloudbet Casino
First deposit bonus: 100% up to 5 BTC + 70 free spins
Bonus total: 5 BTC and 70 free spins
- Spin.io Casino
First deposit bonus: 100% up to 1 BTC + 50 free spins
Bonus total: 1 BTC and 50 free spins
- FortuneJack Casino
First deposit bonus: 110% up to 1,5 BTC + 250 free spins
Bonus total: 5 BTC and 250 free spins
No deposit bonus: 25 free spins
- BetChain Casino
First deposit bonus: 150% up to 1 BTC + 200 free spins
Bonus total: 2 BTC and 200 free spins
No deposit bonus: 20 free spins
Bitcoin Casino Games
Using this payment system, you will have access to a wide variety of games, and of course, you can play your favourite casino games: pokies, live dealer games, table and card games, video poker games, you even can do sports betting. Bitcoin casinos have partnerships with all well-known software providers like other live casino games. Online gambling using bitcoins will not mean any restrictions for you; you will have access to the same set of games.
Some of the games are provably fair so that you can test them for fairness by yourself.
It is noteworthy that you can also play casino games not only through the browser on your computer or laptop but also through mobile applications. We recommend choosing provably fair games; otherwise, you have no limits.
To Sum Up
Bitcoins are a cryptocurrency invented over 10 years ago, essentially the online version of cash. They can not only be mined but also simply bought or sold.
There is not a large selection of casinos offering this currency in Australia now, but the largest and most popular ones provide this option. The advantages of this system are anonymity, no attachment to any bank or country, no taxes, and quick operations. But at the same time, players should especially carefully check the licenses of such establishments and look for provably fair games.
In addition to casinos that support Bitcoin payments, there are ones that only work with them. This casino type is called a bitcoin-only casino.
To deposit in bitcoins, you need to install a dedicated wallet. In the article, we have provided examples of the most convenient and best wallets that you can install. Then get the bitcoins, you can buy them from people, from the bank, exchange cash for bitcoins, or even win. And then all you have to do is deposit bitcoin into your casino account.
Bonuses received at bitcoin casinos can also be very, very generous, we advise you to subscribe to the casino news so there will be no chances to miss out on the best promotions. In this article, you will find the best in our opinion current bonuses from casinos in Australia.
And do not worry that the game selection might be limited. Almost all major developers of casino games provide the ability to connect payment with bitcoins. This means that nothing will overshadow your game.
Play in a casino with pleasure!
Are bitcoin online casinos legit in Australia?
Bitcoin is a digital currency that does not exist physically. It is based on a decentralised computer system. Unlike conventional currencies, bitcoin has no country; it is not subject to a banking institution. But BTC can be converted into cash at any time. Also, bitcoin is perhaps the safest payment system, which is important, bitcoin payments can be made anonymously, that is, neither the state nor the bank may not know about these payments. In some countries, BTC is prohibited for use in online casinos. But at the major casinos in Australia, you can choose to pay and deposit with Bitcoin. Bitcoin in Australia is marked as Legal since December 2013 by the governor of the Reserve Bank of Australia (RBA) According to Wikipedia on the Legality of Bitcoin by Country.
What is the best Bitcoin casino?
It is difficult to single out just one such bitcoin casino. Everyone has their own preferences and gambling establishments, are no exception, but above you will find a list of the casinos that we consider to be the best in bitcoin gambling. These are Play Amo Casino, Casinochan, and last but not least, BitStarz Casino. All of them meet the requirements of the most demanding customers, have the necessary licenses, provably fair games, offer deposit bonuses, free spins, and other player incentive systems. Their customer support service is always in touch, and most importantly, the casino games are very diverse and suitable for every taste, there are slots, table games, and other types of games. You can search for other popular bitcoin casino reviews to find more tips for choosing a casino.
Do casinos take Bitcoin?
Not all online casinos accept bitcoins, although bitcoin appeared over a decade ago. But this system is evolving, and the number of bitcoin casinos is growing, there are more and more of them. You can always check on the casino page on the Internet or in the casino application if there is such an option in a particular institution. The largest and most modern casinos accept not only BTC but other cryptocurrencies as well. The main advantages of such a system are anonymity, no control from the bank, swiftness, availability, and no taxes. We believe that the future in the casino gambling industry is in bitcoin casinos. You can easily find gambling institutions that accept bitcoins on our page.
How do you start a Bitcoin casino?
If you are fired up with the idea of creating a Bitcoin casino, be sure to bring your idea to life. To create a Bitcoin casino, you first need to analyse the market and draw up a business plan. Get the best from your competitors, but don’t repeat their mistakes. Register all documents and obtain the required licenses and certificates—order website development from an IT company or an independent developer. Next, you need to buy bitcoin casino software. Establish contacts with game providers, choose games bitcoin supports, slots. Provide provably fair games; this will attract customers, develop deposit bonuses, and free spins plan for players. Launch a bitcoin casino website. Do not forget to advertise your bitcoin casino widely. This way, potential players can find you.
Are Bitcoins safe to use at an online casino?
Yes, maybe even safer than regular money. Hacking Bitcoin wallets is much more difficult than other online wallets or bank accounts. For hacking, a hacker must use not only the data of the bitcoin wallet itself, but also the computer, and it is almost impossible to find out. Bitcoin casinos use the latest digital encryption techniques to protect customers’ data and make bitcoin gambling one of the safest ways to play casino games.
But always play only in trusted casinos with the necessary certification and licenses. All the bitcoin casinos we recommend have these features.