Best Bitcoin Casinos for Crypto Gambling in 2023

Bitcoin has given the gambling industry a fresh breath of life, beating geo-restrictions to create a censorship-resistant player’s paradise. Many new Bitcoin-supporting online casinos have launched, some allowing players to gamble in units of BTC, others just accepting cryptocurrency as a way to deposit and withdraw.

But which BTC casino sites are legit? This regularly updated guide ranks the best Bitcoin casinos by bonus size, wagering requirements (rollover), VIP programs, player reviews, regulation, security, and fairness.

Full List Of Bitcoin Casinos – October 2023

Based on your IP address, below is a list of RNG audited, provably fair Bitcoin casinos available in your country:

Top 10 Bitcoin Casino Sites Reviewed

We review the overall ten best Bitcoin casinos below.

Lucky Block (VPN Friendly)

The best Bitcoin casino today is Lucky Block, a new flagship product of the crypto project of the same name, which generated a lot of hype and even sponsored elite British athletes like Dillian Whyte.

As well as being able to deposit and wager with its native token LBLOCK, Bitcoin is accepted for payments, as well as ETH, XRP, LTC, DOGE, USDT, ADA, BCH, and fiat currencies via its easy-to-use on-ramp functionality.

We rate this innovative new site among the best Bitcoin casinos due to its 200% bonus of up to £10,000 and 50 free spins. Players can claim the bonus amount in installments after wagering six times the wagered amount. Lucky Block also offers free spins on the first deposit of £20. Free spins can be used on Wanted and Wild!

Lucky Block casino accepts players from all jurisdictions, providing online gambling is not illegal, leaving it to the player’s discretion. KYC (know your customer) documents are also not required, making it one of the most accessible crypto casinos for worldwide players.

Lucky Block has worked with the leading casino games providers in the industry to host over 2,700 games, including top names like Evolution, Megaways, Microgaming, NetEnt, Relax Gaming, and more. Players can expect all the casino classics like Slots, Blackjack, Roulette, Baccarat, and a full live casino with real dealers.

Like Mega Dice, Lucky Block also has partnerships with Telegram and WalletConnect, allowing for instant sign-ups and secure and anonymous deposits and withdrawals.

For players in restricted territories, see our guide to accessing Lucky Block using a VPN.

Lucky Block Casino restricted countries – UK, US (unless using VPN), and countries where online gambling is not permitted

Visit Lucky Block Site

Mega Dice (VPN Friendly)

A fluid interface and a wide range of sportsbetting options make Mega Dice another popular option for casino fans.

Operated by MIBS B.V., Mega Dice is a rapidly growing Bitcoin casino launched in June 2023. The Curacao Gaming Authority fully licenses the platform and supports cryptocurrencies other than BTC, including USDT, ETH, LTC, XRP, DOGE, ADA, TRX, and BCH.

While multiple casino game categories are spread across the Mega Dice casino, there’s also a focus on sports betting, for which it boasts several options. It also has a section for crash games, currently a fan-favorite category.

The standout promotion on Mega Dice is the large welcome bonus – players can enjoy a 200% bonus of up to 1 BTC and 50 free spins. With responsive 24/7 customer support and an easy-to-use navigation setup, the casino is a top pick for any gambling enthusiast searching for a reliable Bitcoin casino.

Recently, Mega Dice has also become the first BTC casino to let players play casino games via Telegram. This functionality, a world first, allows players to sign up almost instantly and access the full site via one of the most popular messaging apps around.

Another partnership with WalletConnect allows players to use leading Web3 wallets, such as MetaMask or Coinbase, to instantly and anonymously deposit and withdraw funds to the casino.

Mega Dice restricted countries – Bulgaria, Malta, US (unless using VPN)

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BC.Game

Rather than just being an online casino that has expanded into accepting cryptocurrency and converting it into fiat currency when you play, BC.Game are committed to being a crypto casino – bonus sizes are denominated in BTC, USDT, etc., and you can deposit with 50 different cryptos or DeFi tokens. They also recently began to accept US players.

For example, there is a Lucky Spin bonus promotion where you can win up to 1 BTC, the welcome bonus package adds up to 1 BTC across your first four deposits, and the ‘rakeback’ (VIP cashback) you earn is also paid out in cryptocurrency. BC.Game even has its own native token, BCD.

There are also many unique casino game offerings – ‘BC Originals’ – specifically with a crypto focus, including dice games, video poker, Baccarat, Blackjack variants, Roulette, Keno, and Slots. They also have a live dealer casino provided by Evolution Gaming. All games are audited as provably fair.

On the BC.Game homepage the player community can talk to each other in a chat group and even send USDT tips. There’s also a significant player forum and leaderboard for the day’s biggest winner.

The feel is one of a casino that cares about its customers and the cryptocurrency scene, writing in its mission statement that they aim to be the crypto casino with the best player experience, and believe Blockchain will change the online casino industry for the better. Also, check out our full BC.Game review.

BC.Game restricted countries – China, DPRK, Hong Kong, Taiwan, Turkey

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Wild.io

Wild.io, a prominent Bitcoin casino, has rapidly gained recognition in the industry due to its exceptional features, extensive game library, and enticing bonuses.

The website’s captivating jungle theme and user-friendly interface offer players a seamless and enjoyable navigation experience.

A standout advantage of Wild.io casino is its vast game library, featuring over 3,000 titles catering to every type of casino enthusiast.

Players can indulge in a diverse and thrilling selection that guarantees everything from slots to poker, baccarat to roulette, and even live games like Bitcoin live roulette and blackjack.

Wild.io Casino sets the industry standard with its generous rewards regarding bonuses and promotions. The total welcome package offers a remarkable 570% bonus up to 12 BTC, complemented by an exclusive welcome bonus of 200% and 300 free spins.

These bonuses boost players, empowering them to explore the extensive game selection with abundant resources.

Wild.io Casino also excels in its payment options, supporting many cryptocurrencies, including BTC, BNB, BCH, and more.

Wild.io restricted countries – United States, United Kingdom, France

Visit Wild.io Site

Cloudbet

Cloudbet is a Bitcoin-friendly casino site with an easy-to-use modern interface. Users can access a desktop and mobile dashboard on this platform to play casino, live casino, sports, and eSports games. Founded in 2013, Cloudbet offers a welcome package of a 100% matched deposit bonus of up to 5 BTC. InsideBitcoins readers using our link also get 200 free spins.

A main feature of Cloudbet is the variety of sports betting options. If you decide to play with this Bitcoin online casino, you can place sports bets on soccer, tennis, table tennis, NFL, NBA, volleyball matches, and more. For fans of betting on eSports, Cloudbet also covers over 60 markets (FIFA, NBA2K, CS: GO, League of Legends).

The range of Crash gambling options in its casino section also impressed us.

As mentioned, Cloudbet has an iGaming bonus promotion for those who want to fund their account with Bitcoin. That said, it also has a welcome promotion if you decide to use another payment option (fiat or crypto) – this includes a welcome bonus of up to 5 BTC/BCH/ETH/PAXG or 1000 USDT/USDC/DAI.

All things considered, Cloudbet is among the industry’s best choices for players looking for a sports/eSports betting platform and who want to use Bitcoin and other cryptocurrencies as payment method.

Cloudbet restricted countries – China, Hong Kong, Macau, Singapore, UK, US

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mBit

Another reputable Bitcoin casino site that has gained a wide following is mBit. This crypto casino was founded in 2014 and is authorized and licensed by Curacao eGaming. mBit has over 2000 games, including slots, roulette, baccarat, blackjack, crypto live games, lottery, tables, and more.

At the time of writing, mBit supports the following cryptocurrencies as a funding method: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dogecoin, and USDT (Tether). To start at mBit, you must make a minimum deposit of at least 0.0002 BTC, 0.001 BCH, 0.01 ETH, 0.01 LTC, 1 DOGE, and 1 USDT.

mBit has two types of generous welcome promotions, including a welcome deposit bonus of 5 Bitcoin + 300 free spins, and 110% up to 1 BTC First Deposit Bonus + 300 free spins. Additionally, it has lots of bonuses for existing clients.

mBit casino is one of the most popular crypto casinos for its quality and variety of games, including the ability to play with live dealers. On user experience, mBit casino also scores well with a clear design, and a chatbox for instant support.

mBit restricted countries – France, Portugal, Spain, UK, USA

Visit mBit Site

Mirax

Finally, the last Bitcoin casino on the list is Mirax Casino – an online gambling site launched in 2022. Holizcorn N.V. owns it and holds a Curacao license, making it safe to use and available in countries worldwide.

Mirax Casino is easy to use, featuring fast withdrawals, 24/7 support, a rich FAQ, and multiple fiat and crypto payment methods. Of course, that includes Bitcoin, Ethereum, Binance Coin, Tether, Bitcoin Cash, and XRP. Tron, Dogecoin, Cardano, and Litecoin.

The platform features strong security and state-of-the-art casino games, so you can be sure that you will be both entertained and safe while enjoying its rich game offering.

Thanks to its partnership with over 100 game providers — including Yggdrasil, Quickspin, Betsoft Gaming, Play’n Go, and others — the platform can offer top-shelf games for everyone’s taste.

Everything is from slots to Jackpots, table games, live casinos, poker, and more.

The casino has a welcome bonus if you deposit a minimum of 1 mBTC or 20 EUR for your first deposit. The bonus will match your deposit with an additional 100%.

However, you can deposit as much as 1.5 BTC and reach up to $1,500 in deposit bonus alone. In addition to that, you also get up to 150 free spins.

The platform even features new reload bonus promotion every weekend, so watch for this and similar opportunities.

The second deposit will grant you a bonus of 50% up to 1 BTC or 285 EUR, while the third deposit grants you 75% of up to 1 BTC or 380 EUR.

Mirax casino restricted countries – UK

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TrustDice

TrustDice launched in 2018 as a fair gaming platform built on blockchain technology. Specializing in crypto casino games, TrustDice has over 446,000 players worldwide and a Trustpilot rating of 4.4/5, the highest for any Bitcoin casino. They also scored 8.94/10 on AskGamblers.

TrustDice has over 2000 casino games, including slots, poker, baccarat, blackjack, roulette, and live dealer games. They also offer sports betting – the most popular sports and leagues are all available with a risk-free bet for new players. They also have a Bitcoin faucet where you can earn free BTC every six hours.

Trustdice. win is owned and operated by Satoshi Gaming Group N.V. It is licensed and regulated by the Government of Curaçao through an official Curaçao eGaming License.

TrustDice supports many major cryptocurrencies, such as Bitcoin, Ethereum, Tether (USDT), EOS, their own token TrustDice TXT and many other altcoins. Fiat deposits can also be made in USD, EUR, JPY, KRW, and RUB via VISA deposits, Mastercard, Sticpay e-wallet, or SEPA transfer.

There are no charges for withdrawals; users only pay the blockchain’s gas fee. Most withdrawals are instantly approved and released to the blockchain.

TrustDice restricted countries – China, France, Netherlands, Spain, USA 

Visit TrustDice Site

Fortune Jack

Fortune Jack is one of the most popular Bitcoin casinos in the world, thanks to the huge range of casino games and the integration of blockchain technology. Founded in 2014, this casino is one of the oldest in the industry and among the first casinos ever to accept cryptocurrencies as a payment option. Generally, Fortune Jack is an ideal casino application for those looking for provably fair games, live casinos, and sports betting.

Fortune Jack has a no-deposit bonus, so users can try it out without risking any money, or if they’re happy to proceed and deposit, there’s a large welcome bonus of up to 6 BTC + 300 free spins. The no-deposit bonus is 50 free spins to try out the software with a 1x wagering requirement to clear – you also need to deposit an equivalent amount to your winnings or more. Then they’re yours to keep. You’re then still eligible for the deposit bonus.

The Fortune Jack platform is well-designed, and the registration process is straightforward and quick. As expected from a crypto casino Fortune Jack provide complete privacy and anonymity.

The selection of game types includes sports betting, dice games, casino, live casino, and world cup wagering. It has positive reviews online, including a score of 4.3 on Trustpilot, and quite a high score for Bitcoin casinos. That’s considered excellent for a Trustpilot rating based on 169 user reviews.

The casino RNG has been independently audited and verified as provably fair. Fortune Jack Casino is certainly one of the best Bitcoin casino sites if you wish to deposit and gamble with BTC.

Fortune Jack restricted countries – UK

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BitSpinCasino

As Bitcoin casinos have been gaining popularity, they have become somewhat monotonous. Similar colours, similar themes, and games of the same kind too. BitSpinCasino attempts to change this with its highly creative and innovative space theme. A perfect interface with an extensive game library makes this casino worth playing in.

BitSpinCasino is owned and operated by Dama N.V., one of the most famous names in the gambling industry. Players can enjoy their gambling experience peacefully, as the Curacao Gaming Committee comprehensively regulates and licenses the casino. Almost every game on the platform is hosted by reputed game providers like NetEent, Pragmatic Play, Betsoft, and others.

BitSpinCasino supports multiple payment methods for the convenience of users. However, the community seems interested in using cryptocurrencies only in the casino. Currently, the platform accepts crypto like BTC, BCH, LTC, ETH, DOGE, and USDT.

BitSpinCasino restricted countries – US, UK, France, Spain, some MENA nations

Visit BitSpinCasino Site

How We Ranked the Casinos on This Page

What is a Bitcoin Casino?

A Bitcoin casino is a crypto gambling platform that accepts BTC as a deposit or withdrawal method. In most cases, such casinos also accept other cryptocurrencies like ETH, DOGE, LTC and USDT.

Also known as DeFi casinos or gambling dapps, fully crypto native casinos also often don’t have any know-your-customer (KYC) requirements, i.e. no ID documents are needed to open an account.

Our top pick Mega Dice, for example,  is a no-KYC crypto casino.

How Does a Bitcoin Casino Work?

A BTC casino operates similar to a conventional online casino, with the only difference being that you fund your account using Bitcoin instead of fiat currencies.  But since Bitcoin is virtual, you store it digitally as a computer file in a BTC wallet in your device or the cloud.

The most intriguing feature of these casinos is that they don’t need intermediaries like banks. Players pass BTC from their holding to the casino with no third party.

Why Play at a Bitcoin Casino?

Bitcoin casinos have become extremely popular in the past few years, and for several reasons. First and foremost, many casino players seek complete privacy and anonymity, which is impossible using traditional fiat currencies. On the other hand, you do not have to share personal data like credit card or bank account details when using cryptocurrencies.

Another reason to choose a Bitcoin online casino is the instant payouts. Because of the fishy nature of online casinos, players usually prefer crypto casinos, so they won’t have to deal with long payment processing times that typically take several days if using credit and debit cards or bank transfers. Instead, players on Bitcoin casinos can benefit from using Bitcoin as they get their profits immediately. Finally, the cost of transferring funds in and out of your account is significantly lower than in traditional online casinos.

So, to sum up, there are many reasons to start playing at one of the best crypto casinos, especially if you find some of the best Bitcoin casino no deposit bonus offers. And, if you have any concerns about opening an account with one of the best online casinos, there are plenty of Bitcoin casino reviews over the internet. 

Live Bitcoin Casinos – Why Are They So Popular?

Live Bitcoin Casinos are online gambling sites that offer live casino games hosted by a live dealer. These became extremely popular in recent years as players can get the thrill of online casino games with a dealer, much like traditional physical casinos. Also, Bitcoin live casino games are often operated by real people and not machines, making gambling much more trustworthy and exciting.

Crucially, you should consider that some live casino games have a minimum limitation. However, you can always search for low-limit tables if you are short on cash. Then, another reason why so many people find live casino games extremely fun is the ability to chat with other users via the live chatbox. As such, if you plan to play live casino games, it is highly recommended that you find a Bitcoin casino that features a live chat for players.

Do I Need to Own Bitcoin to Play at a Bitcoin Casino?

You need to deposit Bitcoin to your BTC Casino account to play for real money. This means you will have to hold Bitcoin in your wallet. However, most Bitcoin casinos support at least 4 to 5 other cryptocurrencies, meaning you will not have to swap your coins.

Furthermore, many casinos allow you to play free while navigating the site. But the thrill of crypto gambling is when you wager some real money, in this case, BTC.

What Games Are Available at Bitcoin Casinos?

Bitcoin online casinos offer the same games as internet casinos, except now you can wage in units of BTC (Satoshis) or at least make your initial deposit and withdrawals in BTC.

Choosing BTC playing currency for Bitcoin slots at Cloudbet

Bitcoin Slots

Slots are an addictive and fun casino favorite, although they have the highest house edge – a low RTP or return to player percentage. One advantage is you can clear the most bonuses by playing Slots – some online casinos, in fact, only allow you to clear their welcome bonus by playing Slots and/or Keno (also a high edge for the casino).

Cloudbet is a fully-crypto-focused Bitcoin casino where you can bet in Bitcoin. They have Bitcoin slots games such as Black Gold, Mega Money Multiplier, Lost Vegas, Break da Bank, and more, including jackpot slots. The RTP for each Bitcoin slot game is displayed.

Bitcoin Roulette

Roulette is a classic casino game, and sites like Cloudbet have Bitcoin Roulette games on offer, including American roulette, European roulette, and French roulette.

Their roulette games are provided by industry-leading casino game makers Microgaming, Betsoft, Evolution Gaming, Relax Gaming, Play’n Go, and Golden Rock Studios. They also have their own provably fair mini-roulette game.

A Bitcoin Roulette table at BC.Game

Some unique roulette variants also available are cashout roulette (where you can be the house), multifire roulette, Christmas roulette, roulette x2, multi-wheel roulette gold, premier roulette diamond edition, first-person lightning roulette, and roulette nouveau.

At a Bitcoin Roulette table, you’ll place wagers in units of BTC – a winning bet on Red or Black can see you double up your Bitcoin holdings. Above is a screenshot from BC.Game, is also a full Bitcoin casino.

Bitcoin Poker

If you’re interested in playing real Texas Hold’em against other human opponents – a skill game – your best bet is Americas Cardroom, a complete online poker site and a casino.

Read our guide to the best Bitcoin poker sites, as those are separate categories for playing against real people. Suppose you’d rather play video poker and other casino poker variants like Pai Gow, Caribbean Stud, Three Card Poker, etc. In that case, those are available at most of the Bitcoin casinos in this guide.

Bitcoin Dice

Dice games are also a favorite among table games, and crypto enthusiasts can play Bitcoin Dice.

Cloudbet offers Sic Bo, craps, and their own provably fair Bitcoin Dice variant with a 97% RTP. Their craps offering has an even lower house edge, with a 98.6% RTP and Sic Bo has a 97.22% RTP.

Provably fair Bitcoin Dice and Bitcoin Roulette at Cloudbet

Bitcoin Lottery

Bitcoin casinos like Fortune Jack have fixed odds lottery-style Keno games with large jackpot prize pools.

Read our guide to Bitcoin lottery sites, including a way to invest in a crypto lottery project and receive jackpot redistribution rewards for holding tokens.

How Do I Choose a Provably Fair Bitcoin Casino?

There are things you should remember while choosing a Bitcoin casino to ensure you have the best chances and don’t end up on the wrong site.

How to Know that Bitcoin Casinos Are Safe

The Bitcoin casinos we review on this page are regulated and audited by official regulatory boards, often the Curaçao Gaming Control Board (GCB).

Founded in 1999, the GCB is responsible for the licensing and regulatory oversight of the land-based casino industry and online casino sites, as well as lotteries, sportsbooks, bingo and poker sites. Read more at GamingControlCuracao.org.

Alternatively, some Bitcoin casino sites are licensed in Costa Rica. Always check the ‘About us’ or footer information on any Bitcoin casino site homepage to find out where they’re regulated. They should provide their license number on their website.

Licensed casinos then only use gaming providers that use a provably fair, audited casino RNG in their games.

Also, check the security information or terms and conditions to verify that the site uses SSL encryption to secure your personal information in compliance with the highest security standards. SSL, or Secure Sockets Layer, is an encryption-based internet security protocol developed by Netscape in 1995 to ensure privacy.

Another way to ensure safety, fairness, and privacy is to check online review sites, social media, and forums – e.g. TrustPilot, Reddit, and Twitter – to find out what existing customers are saying. We ranked TrustDice highly as it has many positive reviews and a high rating 4.5 on Trustpilot, calculated from 210 reviews.

How to Choose the Best Bitcoin Casinos For You

It’s vital to pick the best Bitcoin casino for your budget and play style, though, to minimize the house edge that the casino has over you. Remember that, unlike poker, where you play against human opponents or trade, casino gambling has a negative expectation, and the house always wins.

In the short-term, however, you can get lucky and win, especially if you clear your deposit bonus. So choose your deposit size wisely to ensure you can clear it all.

Unlike Bitcoin poker sites, deposit bonuses on Bitcoin casino sites don’t get released in installments as you play, which are yours to keep even if the bonus expires before you finish releasing the entire amount. It’s all or nothing – clear 100% of your bonus before it expires, or you lose it.

To avoid losing the bonus, determine how much time you can put in to gamble each day, and decide the bet sizes you’ll be comfortable making. Then check that it’s equal to or less than any maximum bonus size the casino sets during the bonus clearing period.

Multiply the number of spins/hands you’ll be able to play over the bonus clearing time limit by that bet size, to work out if you can meet the rollover. If not, deposit a bit less.

If you prefer to bet small amounts or don’t enjoy Slots, just start with a minimum deposit or use a no-deposit bonus.

If you’re a high roller and put in a large play volume, choose a Bitcoin casino that will reward you over the long-term with a loyalty program and large welcome bonus. Read our reviews of the best Bitcoin Casino bonuses.

How to Use a Bitcoin Casino – Step by Step

Before considering playing at a Bitcoin online casino, you must buy Bitcoin or any other accepted crypto coins. Once you own a cryptocurrency, you can deposit funds into a Bitcoin casino and start playing. To help you get started, we will show the complete sign process with an example using our top BTC casino site Lucky Block.

Alternatively, Lucky Block players can download the Telegram messaging app and sign-up to Lucky Block instantly and access all the same features as on the desktop version.

Step 1: Open an Account

Firstly visit the official site to sign up for a Lucky Block account. On the casino’s homepage, you’ll need to fill in the registration form by creating a username, and password, and adding your email address.

No KYC verification process is needed.

Step 2: Deposit Funds

Now it’s time to add funds to your account. The minimum deposit varies per crypto but is approximately $1 (0.0001 for BTC). As mentioned, all new players are eligible for the 200% matched deposit bonus of up to £10k. Depositing $20 will allow them to claim 50 free spins.

Lucky Block accepts a variety of cryptos as well as fiat deposits via bank transfer, card, wire, or e-wallets such as Google/Apple Pay.

To make a deposit, simply click the ‘Deposit’ button. Then, select the crypto you wish to use – there are 12 available, including BTC, ETH, and DOGE, and copy the depositing address.

Then, head to the exchange or wallet where you will send funds and paste in that address.

To buy directly on the site with fiat, select the ‘Buy Crypto’ tab in the window and follow the instructions on the screen.

Funds will be deposited to the account near instantly, although times will vary depending on the method. For example, BTC can take 10 minutes to one hour, while ETH will only take a maximum of 5 minutes, and DOGE, XRP, and BNB up to 1 minute.

Withdrawals are similarly instant and come with no fees or limits.

Step 3: Start Playing

Lucky Block has over 2,700 games, a market-leading sportsbook where players can place pre-game or in-play wagers on major and minor leagues and tournaments and even leading eSports games.

The site offers games from leading developers such as Evolution, Pragmatic, and Spribe, with Aviator and Mines available and Money Train 3, declared the best slot game 2023 by iGaming Business.

Play at Lucky Block Now

Bitcoin Casino Bonuses

Bitcoin casinos are not only famous for being utterly decentralized gambling platforms, but for their better bonus promotions as well. They typically pay out more significant bonuses through monetary rewards (paid in crypto) or free spins to users who achieve specified milestones.

What Types of Bitcoin Casino Bonuses Are There?

What Are the Best Bitcoin Casino Bonuses?

Although almost every casino offers varying freebies, some bonuses may be too good to be true, and sometimes they are invalid. That offer that you may think is attractive at first sight maybe just a trap.

Before you choose a Bitcoin casino for its bonuses, check on the rollover requirements. There’s no point in claiming a humongous reward that claims you roll it over 80 times or one that won’t allow you to withdraw more than you have deposited.

Currently, our top recommendations are the deposit bonuses on BC.Game (US friendly) and Cloudbet can be cleared with a low rollover.

What is a Wagering Requirement?

When selecting a casino, you need to be aware of wagering requirements. This is the minimum amount of wagering you need to do before you can cash out any winnings from your bonus. For example, if you have a $100 bonus with wagering requirements of ‘35 times’, you must wager $3,500 before you can cash out your winnings.

Note that this is the amount you need to WAGER, not SPEND. You will not lose every time you place a wager on a slot or casino game; indeed, you could win more than you lose.

How Much Can I Earn on a Bitcoin Casino? Payout Percentages

The amount you win is largely based on luck – most games offered at a casino are games of chance – however the odds are more in your favor when choosing high payout casinos and high RTP games. If you play the high-paying jackpot games and get lucky, you can walk away as a millionaire.

In any game of chance, including Bitcoin betting, you play against the house – the casino. But casinos are a business, so to keep running, developers program the games to give casinos a slight advantage in the long run. This advantage, also the house edge, caters to overheads. Otherwise, casinos would be making losses. Hence, a casino collects money from players and pays it back through wins but retains the overheads. So the rate at which a casino game pays out is the RTP (return to player), often expressed as a percentage. Every game has it, and it is available for all players.

Take a look at the five best Bitcoin casino games for payout percentages:

How to Gamble Responsibly with Bitcoin

Responsible gambling refers to:

• Risking only what you can afford to lose – never gamble with, e.g. rent money, college fund savings, a retirement nest egg, etc.
• Seeing losses as the price of your entertainment – in the long run, the house always wins as the house edge exceeds even optimal play, e.g. perfect Basic Strategy in Blackjack is still a negative expectation (-EV)
• Knowing to quit when ahead – have the plan to get out if a lucky streak allows you to earn a certain amount of profit, withdraw it and treat yourself
• Not throwing good money after bad – decide in advance what your maximum loss should be if you have a run of bad luck, and end that session if you reach it

If you find yourself struggling with self-discipline, losing sleep over losses, neglecting friends and family etc. these are signs of compulsive behavior. Before this becomes a gambling addiction, you can seek advice from agencies such as GamblingTherapy.org.

Specific issues with Bitcoin include people taking out loans, using credit cards, or even remortgaging their house to buy more Bitcoin – always have some of our savings in cash to preserve your capital. Even if you’re bullish on Bitcoin long-term, it helps to have some funds available to buy dips and make it through bear market cycles.

Bitcoin Casino Rating Criteria

The factors we considered when ranking the best Bitcoin casino sites for this review were:

Bonus size

The larger the deposit bonus, the more you can earn in bonus cash installments. These bonus payouts are, in effect, a rebate on the fees you pay to play and place wagers (like the rake in a poker game, casinos charge small fees when you place bets to keep themselves in business).

Welcome bonuses are like a thank-you from the site for signing up and a temporary reduction in their fees. The top Bitcoin casinos are more generous in waiving fees, i.e., how large a signup bonus they offer.

Mega Dice, for example, stands out for its large deposit bonus of up to 1 BTC, hence its high position in our top ranking of Bitcoin casino sites.

Bonus matching percentage

The larger the matching percentage, the less you have to deposit to unlock the maximum bonus. If the matching bonus is only 50%, you must deposit twice the bonus amount to qualify for it.

We ranked BC.Game highly, for example, because it offers over 100% matching bonus factoring in all its installments.

Bonus Wagering requirement

The lower the wagering multiplier, the easier to clear the deposit bonus while playing.

We awarded a high rating for Fortune Jack because it has a relatively low bonus wagering requirement by casino industry standards of 30x. You must wager thirty times the deposit bonus’s value to unlock all the installments.

No Deposit Bonus Options

A popular option for people who want to play at crypto friendly casinos without risking any money is a no-deposit bonus – these are usually much smaller than the bonus you can earn by depositing but allow you to make a profit without risking anything if you get lucky.

Lucky Block, for example, is high on our top list of Bitcoin casinos, as they offer 50 free spins, a form of no deposit bonus.

Anonymity

Many crypto players avoid traditional casinos because they prefer to play anonymously and avoid Know Your Customer (KYC) protocol, that can include providing photo ID.

Mega Dice and Lucky Block have increased anonymity features due to partnerships with Telegram and WalletConnect.

The Telegram partnership allows instant sign-up with no KYC verification needed as signing up to the messaging app requires a phone number, which is enough to allow registration.

WalletConnect can link to dozens of crypto wallets – including the likes of MetaMask, Coinbase and TrustWallet – and allows players to instantly and anonymously deposit and withdraw crypto.

US Legislation Regarding Bitcoin Casinos

It’s legal for residents of the United States to make online bets – Americans are not prosecuted for crypto gambling, using Bitcoin or otherwise. The current administration has signaled that they are happy to allow states to apply their own laws to online casino operators; however, these never affect individual citizens.

Online casino sites, in particular, are increasingly tolerated, much more so than e.g., online poker sites, although those are also allowed when ringfenced to certain states. For example, PokerStars, famously banned on ‘Black Friday’ in 2011, now operates within NJ, NV, and other US states.

The DOJ maintains that the Wire Act makes online sports betting illegal, although many sportsbooks still operate with no issues – there is little enforcement. Read a brief history of US gambling laws at the Legal Information Institute website.

Overall there is little legislation preventing Bitcoin casino gambling, especially at reputable sites which follow laws for each US state. All the crypto casinos we review at InsideBitcoins fully comply with the law and have provably fair, independently audited RNGs.

You may find that a certain Bitcoin casino is not available in your state – e.g. Bovada is not open to Delaware, Maryland, and a few other states – however, the site automatically prevents players resident there from opening an account, thereby preventing any legal issues.

For readers in Canada, see our list of Bitcoin casinos accepting Canadian players.

Bitcoin Casino Withdrawal Process

The advantage of Bitcoin casinos and cryptocurrency, in general, is moving your money around is almost instant compared to using traditional fiat currency and banks.

Bitcoin casino withdrawals are processed lightning-fast, effectively instant unless the Bitcoin network is congested, which can take 1-2 hours. Bitcoin transactions also require a few confirmations, although this is handled automatically.

Most of the reputable crypto casinos we review at InsideBitcoins do not charge any withdrawal fee other than the Bitcoin network fee all cryptocurrency transactions require. For example, Lucky Block does not charge a cashout fee.

There may be a minimum withdrawal at some crypto casinos. For example, Cloudbet has a 0.0001 BTC minimum withdrawal.

Withdrawals can be initiated within your account section on the website with a few mouse clicks. You’ll need to meet the wagering requirement, aka ‘rollover’ on any extra bonus funds you wish to withdraw before doing so. Your deposited monies can withdraw anytime, although you may forfeit any active bonus.

As outlined briefly above, Lucky Block and Mega Dice have partnered with WalletConnect to allow secure, quick and anonymous deposits and withdrawals.

WalletConnect is a third-party app that has connectivity with dozens of leading Web3 wallets, such as MetaMask and Coinbase, with users able to quickly and safely link to other accounts and move funds anonymously.

When withdrawing, ensure that you use the correct type of network address and double-check that the address matches your Bitcoin wallet.

Bitcoin Casino Taxation

Winnings from lotteries, horse races, online casinos, sweepstakes, and other types of gambling are taxable by the IRS in the United States. They’re not subject to tax in the UK.

Keep a record of your wins and losses, as the latter are deductible when filing taxes but only up to the amount offset by your winnings. Visit usa.gov to learn how to file your federal taxes.

Where Can I Buy Bitcoin to Play at a Casino?

If the casino you choose requires you to deposit with Bitcoin, you can purchase Bitcoins on eToro, a safe crypto platform that also doubles as a secure Bitcoin wallet for gambling.

1. eToro – Overall Best Crypto Exchange

eToro is a social trading platform founded in 2006 to allow investors to trade various financial products, including digital assets. You’ll be able to buy Bitcoin and other cryptocurrencies with no commissions and with leverage. The eToro platform is easy to use and has the most fiat on-ramps – ways to buy Bitcoin, e.g., via VISA, credit card, Skrill, Neteller, bank wire, and more.

The platform is available as a web-based platform and as a mobile application. The eToro mobile app is available on iOS (Apple Store) and Android (Google Play) and is considered one of the best mobile trading apps due to its design and user interface. Also, you can use various payment methods, including credit and debit cards, PayPal, bank wire transfers, Neteller, and Skrill.

Another reason why eToro is the best option is that it offers a regulated cryptocurrency wallet. So after you buy Bitcoin, you can keep some funds safe in eToro’s wallet and transfer the rest to your chosen Bitcoin casino.

Buy Bitcoin on eToro

Final Thoughts on Bitcoin Casinos

Any gambler cannot ignore Bitcoin’s meteoric rise. Bitcoin casinos are a great way to combine investment in crypto with a bit of entertainment. Many are also Ethereum casinos for those more interested in cryptocurrency’s second-highest market cap.

Remember that the house always wins in games like Slots and Blackjack, even when playing with perfect Basic Strategy.

However, you can profit in the short-term, especially if you take advantage of deposit and no-deposit bonuses, which may come in the form of free spins or bets. Our top two picks for the best Bitcoin casino sites, Mega Dice and Lucky Block, both come with 50 free spins.

Those two casino sites also have excellent partnerships with Telegram and WalletConnect, which allow for increased anonymity, speed and safety.

Players can sign up almost instantly via Telegram, with no KYC verification needed, while WalletConnect allows players to securely link to other Web3 wallets and deposit and withdraw safely and anonymously.

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