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 casinos by bonus size, wagering requirements (rollover), VIP programs, player reviews, regulation, security, and fairness. The List of Best Bitcoin Casinos Lucky Block – Best Overall Bitcoin Casino Mega Dice – Best Telegram Platform BC.Game – Best US Casino Wild.io – Best No KYC and VPN Friendly Betpanda – Best Weekly Cashback Metaspins – High Rakeback Deal Vave – Best Slots Races Betplay – Best On Bitcoin Lightning Network Flush – Best Original Games Inmerion – Best Tournament Prizes Best Casinos Ranked: Sort By Best Rated Newest Sort By Best Rated Newest All Telegram Casino and Betting New Crypto Casinos 04/12/23 Welcome bonus of 200% up to 10 ETH Welcome bonus of 200% up to 10 ETH Globally licensed Telegram casino, fully anonymous10 ETH bonus plus exclusive access to high roller NFTsFavorite choice of Web3 influencers 4.8 Play Now Learn More Close Learn More 81 2 Regulation 29/11/23 200% Up To €25,000 + 50 Free Spins 200% Up To €25,000 + 50 Free Spins Deposit using 20+ cryptocurrencies and Wallet ConnectHigh maximum bets, instant withdrawals with no constraintsVIP welcome bonus, daily 100 free spin missions 4.9 Play Now Learn More Close Learn More 16 10 Regulation 29/11/23 270% on Deposits of a Min of $400 / Max of 1 BTC 270% on Deposits of a Min of $400 / Max of 1 BTC Supports 50+ crypto coins & DeFi tokensNative currency BCDVIP & SVIP loyalty program 4.8 Play Now Learn More Close Learn More 5 5 29/11/23 100% Bonus Up to 1 BTC + 10% Weekly Cashback 100% Bonus Up to 1 BTC + 10% Weekly Cashback No verification with No KYCInstant deposits and withdrawals5000+ games with VPN 4.7 Play Now Learn More Close Learn More 3 4 Regulation 29/11/23 Total Welcome Package Of 570% Up To 12 BTC With An Exclusive Welcome Bonus Of 200% + 300 FS Total Welcome Package Of 570% Up To 12 BTC With An Exclusive Welcome Bonus Of 200% + 300 FS No KYC and VPN friendly24/7 customer support + instant withdrawalAmazing loyalty program with milestone bonusesHighest bonuses in the industry 4.7 Play Now Learn More Close Learn More 4 0 Regulation 29/11/23 100% Welcome Bonus Of Up To 1 BTC 100% Welcome Bonus Of Up To 1 BTC Up to 60% rakeback wager freeInstantly approved zero fees withdrawals$20,000 jackpot in MetaLotto 4.6 Play Now Learn More Close Learn More 3 6 Regulation 29/11/23 Welcome Cashback up to 1 BTC Welcome Cashback up to 1 BTC No KYC and complete anonymityCasino and sports bettingInstant deposits and withdrawals24/7 live chat support and e-mail 4.5 Play Now Learn More Close Learn More 1 2 Regulation 29/11/23 100% up to $1,500 100% up to $1,500 10% weekly cashbackVIP level systemSportsbook and poker offeringBitcoin lightning network 4.5 Play Now Learn More Close Learn More 1 34 Regulation 29/11/23 150% bonus on $200-$1,000 deposits (35x) 150% bonus on $200-$1,000 deposits (35x) Buy crypto with credit card, Apple & Google PayInstant deposits & withdrawals24/7 customer support 4.5 Play Now Learn More Close Learn More 1 4 Regulation 29/11/23 10% Instant Rakeback 10% Instant Rakeback 7000+ gamesInstant withdrawals with high limitsSportsbook and casino 4.5 Play Now Learn More Close Learn More 5 3 Regulation 29/11/23 100% Bonus Up To $10,000 + 50 Free Spins 100% Bonus Up To $10,000 + 50 Free Spins Earn 10% cashback weeklyLow wagering requirementsMore than 10,000 VPN friendly games 4.5 Play Now Learn More Close Learn More 4 3 29/11/23 10% Cashback Instantly on Every Deposit 10% Cashback Instantly on Every Deposit Supports BTC, ETH, USDT, BNB, BUSD, LTC and XRP3 welcome bonuses + 10% cashbackUser friendly interface 4.5 Play Now Learn More Close Learn More 1 3 Regulation Min Deposit 0.0001 BTC 29/11/23 Exclusive 500 Free Spins + 50% Cashback Exclusive 500 Free Spins + 50% Cashback Winnings from spins credited as cash, no wagering24/7 available live chat supportInstant deposits & withdrawals 4.5 Play Now Learn More Close Learn More 1 1 Regulation 29/11/23 Bonus - 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Lucky Block – Best Overall Bitcoin Casino Lucky Block is often cited as the best crypto casino of 2024 and has recently made headlines by partnering with former MMA fighter Michael Bisping. Its native token LBLOCK has also been promoted by other elite athletes like Dillian Whyte. Alongside its native token this crypto casino accepts Bitcoin, ETH, XRP, LTC, DOGE, USDT, ADA, BCH, SHIB, BONK, FLOKI, PEPE and more, which can be seamlessly deposited using WalletConnect. Fiat currencies are also supported. Lucky Block offers a 200% bonus of up to 25,000 EUR (or GBP) and 50 free spins, alongside daily promotions and perks for regular players. The platform does not require KYC (know your customer) documents, making it one of the most accessible crypto casinos and can also be accessed via Telegram to play on the go. A VPN may be required in some areas. 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Licensed by the Curacao Gaming Authority, this Bitcoin casino also supports many cryptocurrencies other than BTC, including USDT, ETH, LTC, XRP, DOGE, ADA, TRX, SHIB, FLOKI, BONK, PEPE and BCH. Mega Dice’s status as the best crypto casino is consolidated with it offering several sports betting options and has a section for crash games, which is 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. The casino is a top pick with responsive 24/7 customer support and an easy-to-use navigation setup. Mega Dice is the first BTC casino where players play casino games via Telegram. This allows players to sign up almost instantly and access the entire site via Telegram. Another partnership with WalletConnect allows players to use leading Web3 wallets, such as MetaMask or Coinbase, to deposit and withdraw funds to the casino instantly and anonymously. Pros 1 BTC welcome bonus, over 170 live casino games First licensed Telegram casino, access live streaming via Sportsbook Features a gamified loyalty program offering regular rewards Supports multiple cryptocurrencies Cons Limited crash games Fewer bonus options Mega Dice restricted countries – Bulgaria, Malta, US (unless using VPN) Visit Mega Dice Site 3. BC.Game – Best US Casino BC.Game is open globally and often considered the best Bitcoin casino in the USA, as American players are now accepted. BC.Game is committed to being a leading online crypto casino – bonus sizes are denominated in BTC, USDT, etc., and you can deposit with 50 different cryptos or DeFi tokens. As one of the leading USA Bitcoin casinos, it has 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. The game’s player community can talk to each other in a chat group and even send USDT tips. BC.Game aims to offer the best player experience, with a steadfast belief that Blockchain will improve the online casino industry. Explore our BC.Game review to learn more. Pros Wide range of payment methods Sense of community, player support Several deposit bonuses Best US casino – American players accepted Cons Some territories restricted BC.Game restricted countries – China, DPRK, Hong Kong, Taiwan, Turkey Visit BC.Game Site 4. Wild.io – Largest Welcome Package Wild.io is a prominent online crypto casino with exceptional features, an extensive game library, and enticing bonuses. The website’s captivating jungle theme and user-friendly interface offer players a seamless and enjoyable navigation experience with a vast game library featuring over 3,000 titles catering to every type of casino enthusiast. Players can indulge in a diverse selection from slots to poker, baccarat to roulette, and even live games like Bitcoin live roulette and blackjack. Wild.io Casino offers generous rewards with a total welcome package offering a remarkable 570% bonus up to 12 BTC, complemented by an exclusive welcome bonus of 200% and 300 free spins. Wild.io Casino also excels in its payment options, supporting many cryptocurrencies, including BTC, BNB, BCH, and more. Pros Total welcome package of 570% up to 12 BTC Minimum deposit of 0.00006 BTC 24/7 live chat support Weekly tournaments Cons No sports betting Some territories restricted Wild.io restricted countries – United States, United Kingdom, France Visit Wild.io Site 5. Betpanda – Best Weekly Cashback With its 100% matched deposit bonus of up to 1 BTC and anonymous betting attributes, Betpanda is genuinely one of the top crypto casinos. Betpanda has a futuristic look that makes it appealing to players of all types. Every button on the website is cleanly presented, and you can play every game with just a click. You can even access a unique selection of games, from slots to live dealer games. High RTP aside, these casino games provide a good gambling experience. When it comes to live dealer games, Betpanda meets all the right standards. The provably fair section is also a cool addition, but it has only one game so far – Aviator. Welcome bonus aside, there is a weekly cashback of up to 10% and impressive loyalty rewards. While there is room for improvement, Betpanda has all the makings of one of the best crypto casinos USA. Pros Offers multiple ways of payment. Welcome bonus of 100% matched deposit bonus of up to 1 BTC Weekly cashback bonus of up to 10% USA players welcome Cons Restricted in multiple countries Betpanda restricted countries – United States, Venezuela, Togo, Tunisia, Uganda Visit Betpanda Site 6. Metaspins – High Rakeback Deal Metaspins is one of the few innovative online crypto casinos that highlights the type of slots you’ll find in this casino. The platform offers a standard matched deposit welcome bonus and rakeback bonuses of up to 60%. You can access this bonus by leveling up by playing the games. Metaspins offers a diverse list of casino games, including slot games, which are crucial in getting the bonus perks, and you have table games on the other end. One unique selection of games that Metaspins also offers is Livespins. You’ll be able to bet with the hosts of these games. MetaLotto is another unique addition to this platform, offering a Jackpot of up to $20,000 in crypto. Entering the lottery requires buying tickets ranging from $19 to $880. Metaspins has unique offerings, such as Livespins, making the gaming more authentic. Table games are varied, and slot games are fun to play. The welcome bonus is good, and adding up to a 60% rakeback is an excellent way to appeal to risk-averse players. Pros Supports multiple cryptocurrencies 100% matched deposit bonus of up to 1 BTC Supports instant withdrawals Offers up to a 60% rakeback bonus Has a unique Metalotto and Livespins gaming category Cons It is not very mobile-friendly Not available in the US – VPN is required Metaspins restricted countries – United States, United Kingdom, North Korea, Belarus, Afghanistan, Cuba, Sudan, Syria Visit Metaspins 7. Vave – Best Slots Races Vave casino is an easy-to-navigate Bitcoin casino that highlights various games ranging from slots, live casinos, and live betting to sports. Complementing this game collection are bonus perks that veer from standard casino offerings. There is no matched deposit bonus. Instead, you can get a welcome cashback bonus of up to 1 BTC, which applies to casino and sports games. 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Pros Supports nine cryptocurrencies; more will be added soon Offers a 100% cashback bonus to both casino players and sports punters Supports a dynamic range of slot games and live dealer games Has its own list of in-house crypto-specific games Cons Not available in the US and the UK Vave restricted countries – United States, United Kingdom, Belarus, Estonia, Israel, Lithuania, United Kingdom, Cyprus, France Visit Vave 8. Betplay – Best On Bitcoin Lightning Network Betplay is a faster crypto casino that supports the Bitcoin lightning network, offering an excellent welcome bonus with its unique casino offerings. The game uses the lightning network to provide instant payouts. Long-term players can access a 10% cashback bonus by climbing up the loyalty tiers by playing games provided by top providers. Betplay welcome bonus consists of a 100% matched deposit bonus of up to 50,000 micro Bitcoins or other crypto equivalents. This bonus has a hefty wagering requirement –80 times higher than most crypto casinos we have previously covered. Betplay also offers a rakeback and cashback bonus that allows players to recuperate 10% of their losses by the end of the week, provided players level up at least once. Games available on this platform include slots, table games, and live dealer games. The slots section includes Crazy Time, Wanted Dead or a Wild, Hot Slot 777 Coins, More Turkey, and More. In the Table Games section, you will find games like Baccarat, Blackjack, Roulette, and Boker. You will have the same options with Live dealer games but in the live gaming scenario. Regarding provably fair games, one game is supported here – Crash. You can play these games using Bitcoin and other tokens such as Ethereum, Litecoin, SAND, Dogecoin, Tether, USDT, Shiba Inu, XRP, Cardano, and more. Crypto Casinos, Bitcoin Casino, Crypto Gambling, and Bitcoin Casino Sverige have also approved this casino. The No KYC nature of Betplay has a widespread appeal among crypto players. Pros Supports Bitcoin, and 12 other cryptocurrencies Offers a 100% matched deposit bonus of up to 50,000 micro BTC Has loyalty rewards like cashback and rakeback bonuses Sportsbetting available Has a no-KYC model in place Cons The welcome bonus has a hefty wagering requirement Not available in the United States Betplay restricted countries – United States, Curacao, France, Guernsey, Gibraltar, Hungary, Isle of Man, Luxembourg Visit Betplay 9. Flush – Best Original Games Flush has a retro-style look specializing in slots and hosts multiple Flush originals for the crypto crowd. Named after a famous poker hand, Flush emphasizes serious gamers more. You will find old-school games such as Big Bass, Wanted Dead or a Wild, Sweet Bonanza, Mental, and more. Flush also offers an enticing live dealer game selection that includes Blackjack, Roulette, Craps, Coin Flip, Deal or No Deal, Mega Ball, and more. The games in the Flush Originals section include Mines, Dice, Crash, Wheel, High Low, Limbo, Plinko, Blackjack, Diamond Poker, Video Poker, and others. This crypto casino USA offers a good bonus model but no welcome bonus. The perks you will find here consist of tournaments organized by the leading game providers. These include Playson Non-Stop Drop, Pragmatic Drops and Wins, Flush Launch Special Offer, Weekly Races, and more. Overall, Flush is an excellent place for serious players to be. The selection of games is large and an authentic experience. The appeal of this crypto casino is widespread, making it a good offering for most players. Pros Offers a large array of games Keeps the nature of perks dynamic Instant withdrawals are available Features several original games Cons It does not offer a welcome bonus Not available in the US and the UK Flush restricted countries – United States, United Kingdom, Netherlands, Australia, Austria, Spain Visit Flush 10. Wall St Memes Casino – Best New Bitcoin Casino The brainchild of the Wall Street Memes (WSM) community, Wall St Memes Casino rides on the coattails of the highly popular WSM token. This casino venture has garnered significant attention thanks to its developers’ established social media presence. Its simple yet captivating theme, designed to appeal to a broad spectrum of players with diverse gaming preferences, sets it apart. Recently, Wall St Memes Casino has also introduced a Telegram casino, aligning with the growing trend of enhanced accessibility. Wall St Memes Casino supports many cryptocurrency transactions, including BTC, ETH, DOGE, SHIB, FLOKI, BONK, and its native $WSM token. This streamlines deposits and withdrawals along with a vibrant social ecosystem of Telegram, providing a distinctive gaming experience, making it one of the best Bitcoin casinos in USA. As an incentive, WSM Casino offers a generous 200% welcome bonus. For those seeking an engaging and secure crypto gaming experience, Wall St Memes Casino emerges as a noteworthy contender. Pros Large welcome bonus and monthly airdrops Supports memecoin deposits – make deposits using Pepe, Dogecoin, Bonk, and Shiba Inu 5000+ games available, including Crash, Plinko & Gates of Olympus Cons Many more features are yet to be launched Visit Wall St Memes Casino How We Review Bitcoin Casinos Bitcoin casinos we review on this page are regulated and audited by official regulatory boards, often the Curaçao Gaming Control Board (GCB). This is responsible for the licensing and regulatory oversight of the land-based casino industry and online casino sites. Fairness, payment terms, license and regulation, and customer support are some of the most important considerations for choosing the right Bitcoin casino. But besides that, we also consider other critical factors, such as: Bonus Size Larger deposit bonuses mean more earnings and reduced fees for playing and placing bets—top Bitcoin casinos with generous sign-up bonuses that waive fees ranked higher. Bonus Matching Percentage Higher matching percentages require less deposit to unlock maximum bonuses. Thus, BC.Game, with over 100% matching bonus across all installments, earned a high rank. Bonus Wagering Requirement Lower wagering multipliers make it easier to clear deposit bonuses. No Deposit Bonus Options Casinos offering no-deposit bonuses, like Lucky Block with 50 free spins, are valued for allowing risk-free play and profit potential. Anonymity Crypto casinos like Mega Dice and Lucky Block enhance player anonymity through partnerships with Telegram and Wallet Connect, enabling instant sign-up and anonymous deposits/withdrawals. Regulations Compliance with relevant regulations ensures a secure and trustworthy gaming environment. Casinos adhering to regulatory standards are prioritized. Withdrawal Time Quick and efficient withdrawal processes create a positive user experience. Casinos with faster withdrawal times receive higher rankings. The best crypto casino often comes with this feature. User Feedback Positive feedback from users reflects the overall satisfaction with the casino. Ratings based on user experiences and testimonials contribute to the ranking. Are Bitcoin Casinos Safe? Thanks to cryptographic technology, transparency is one of the best things about Bitcoin. This means that every transaction in Bitcoin casinos is visible to everyone, leaving no room for fund loss. Players can enjoy the same level of transparency even while withdrawing their funds from the casino. Most reliable Bitcoin casinos use two-factor authentication (2FA) and SSL encryption, making them a trustworthy solution for all. This eliminates the risk of unauthorized account access and fund transfer. Most Bitcoin casinos take many preemptive measures, like storing funds in cold storage without internet access, eliminating the risk of stolen funds. Some popular Bitcoin casinos offer insurance coverage for users’ funds to offer security in case of any hacks. Given these considerations, it would be fair to conclude that even the best crypto casino is no less risky than conventional fiat casinos. It all boils down to the specific measures these casinos take to ensure better security for their players. Players are responsible for evaluating different security features of their preferred Bitcoin casino and making an informed choice. You must do thorough research and due diligence to determine if the platform is safe enough or lacks essential security features. Are Bitcoin Casinos Legal? Different countries have different laws governing crypto transactions. However, things are relatively different in the US, as it has many stringent regulations. There is no shortage of state and federal laws to curb online casinos’ operations. Specific laws ban players from gambling in online casinos altogether. But the catch is that most Bitcoin casinos don’t have to be registered in the US, as users can access it online. Hence, most of these platforms are based off-shore in Europe or the Caribbean, but US users can still use them for gambling. Unfortunately, this does not solve all problems, and specific state laws restrict users from accessing off-shore Bitcoin casinos. Even the US Department of Justice has suggested that the practice is illegal, and certain US citizens have also been prosecuted for using off-shore casino platforms. However, since most of these Bitcoin casinos offer unmatched anonymity, it can be challenging for authorities to track down every player. Even the best Bitcoin casino in USA has to go through some legal hoops to become operational in the region. Given this consideration, it seems that Bitcoin casinos are not entirely legal, but thanks to the technical aspects of the matter, they are not illegal in most US states. It is better if players weigh these considerations and evaluate crypto regulations in their specific state to determine if it is worth taking the risk. Bitcoin Casino Bonuses Here are some of the most common Bitcoin bonuses available: Welcome Bonus The most common type of Bitcoin casino bonus you will find at any cryptocurrency casino will be a sign-up bonus, also known as a welcome bonus or first deposit bonus. Here, you will find that your initial deposit with the BTC Casino will at least be matched with bonus cash. Some deals will even double or triple the amount of your sign-up bonus. No Deposit Bonus If you find a Bitcoin casino with a no-deposit bonus, you can earn some bonus money simply by signing up at the casino – you do not have to deposit any amount of your own cash. Match-up Deposit bonus In this type of bonus, the casino will match the amount you deposit, e.g. if you deposit $100, your deposit bonus will be $100, so you will have $200 to play with. Free Spins Some free spins Bitcoin deals come with the requirement of making a deposit, and some do not. Usually, free spins winnings are paid to you as bonus cash, meaning they come with wagering expectations. A free spins deal is always a good one, though, and if you can hunt one out, it’s more than worth your while to take advantage of it. Read our rankings of Bitcoin casinos with free spins. Free Bitcoins If you are lucky or hunt hard enough, you may find online crypto casinos offering free ones. Some Dogecoin casinos also offer free Dogecoins. Don’t think this is the way to riches, though – you will only be offered a minimal amount of Bitcoins (or rather mBTCs or millibitcoins), and you will only be able to use them at the online casino that offered you them, and nowhere else. Reload Bonus A casino bonus offered to players who have already deposited in the past. Game-Specific Bonus In this type of bonus, you only get a bonus on a specific game. VIP Bonuses Many casinos offer VIP bonuses to loyal clients. As a VIP, you can access extra perks such as free spins, chips, and gold weekly or monthly. When it comes to the best VIP bonuses, we recommend BC.Game (best US casino) and Cloudbet can be cleared with a low rollover. How to Use a Bitcoin Casino – Step-by-Step Players must first buy cryptos and deposit them into the platform to play. Here is a complete sign-in process with an example using our top BTC casino site, Lucky Block. 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 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. You can make these deposits using cryptos or even fiat via bank transfer, card, wire, or e-wallets like 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 nearly instantly, although times will vary depending on the method. Step 3: Start Playing Lucky Block has over 2,700 games from leading developers such as Evolution, Pragmatic, and Spribe. Choose the game of your choice and get started playing! Play at Lucky Block Now What Games Are Available at Crypto Gambling Sites? 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 a fun casino favorite, as all crypto casinos feature it. Even a low RTP slot is considered a good game. But the advantage here is that playing Slots can clear the most bonuses. Some online casinos only allow you to clear welcome bonuses by playing Slots and/or Keno. Using Bitcoin casinos like Cloudbet, you can play Bitcoin slot games such as Black Gold, Mega Money Multiplier, Lost Vegas, Break da Bank, and more, including jackpot slots. Check out our list of Bitcoin slot casinos for more options. 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. Prominent casino game makers Microgaming, Betsoft, Evolution Gaming, Relax Gaming, Play’n Go, and Golden Rock Studios offer roulette games. Some unique Bitcoin roulette variants include cashout roulette, multifire roulette, Christmas roulette, roulette x2, multi-wheel roulette gold, premier roulette diamond edition, first-person lightning roulette, and roulette nouveau. Bitcoin Poker The Americas Cardroom offers a complete online poker site and a casino. There 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. Read our guide to the best Bitcoin poker sites for more options. Bitcoin Dice Crypto enthusiasts love Bitcoin Dice. Cloudbet offers Sic Bo, craps, and Bitcoin Dice variants 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 Crypto gambling sites like Fortune Jack have fixed odds lottery-style Keno games with large jackpot prize pools. Read our guide to Bitcoin lottery sites, to learn about platforms offering this game. Bitcoin Casino Bonuses Bitcoin and crypto 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 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. Bitcoin slots using real money, and most sportsbooks have a wagering requirement. 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: Mega Joker Slots by NetEnt RTP 99% Blackjack RTP 99.5% European roulette RTP 97.3% RTP of American roulette RTP 94.74 %. 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. 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 crypto 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 crypto gambling sites accepting Canadian players. Bitcoin Casino Withdrawal Process Efficient transactions are the greatest advantages of crypto gambling sites and cryptocurrency. The same goes for Bitcoin casino withdrawals offering instant transactions unless the 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 required for all cryptocurrency transactions. There may be a minimum withdrawal at some crypto casinos. Initiating withdrawal only requires a couple of clicks if players meet the wagering requirement, aka ‘rollover’ on any bonus funds you wish to withdraw at any time. 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. Cryptocurrency gambling winnings are taxed as regular income federally and at the state level. The tax amount ranges from 0% to 37% based on your total income. If your winnings are from a US Bitcoin casino, a flat 24% will be your typical tax percentage. Note that this is an estimate, and your actual tax amount may differ. Unlike traditional gambling, crypto platforms don’t automatically deduct taxes. Thus, you will have to do the legwork and report these earnings as “other income” on Schedule 1 Form 1040. Visit usa.gov to learn how to file your federal taxes. Crypto casino winnings are typically not subject to tax in the UK. In Australia, earnings from crypto casinos are also typically tax-free unless you are a professional gambler. However, it is always good to 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. Final Thoughts on Bitcoin and Crypto 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, Lucky Block and Mega Dice, 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. Lucky Block Casino - Decentralized Gambling Platform Rating Bet With Crypto - BTC, ETH, USDT, LBLOCK and More Live Dealers - luckyblock.com Rated Best New Crypto Casino - No KYC Thousands of Slots, Blackjack, Roulette Games Bet Now VPN Required in US, UK FAQs Is Bitcoin legal? Yes, it is legal, at least in most countries! Only Bolivia, Columbia, and Ecuador have outrightly banned the use of Bitcoin and other digital currencies. In the US and most western countries, you can use it to make payments and is subjected to taxes just like conventional money. That, however, does not qualify it as a legal tender like the USD, AUD, Euro, Pound, or any other currency. The two parties transacting (a punter and casino) must mutually agree to use it as a form of payment. What makes bitcoin gambling so appealing? Bitcoin and other cryptocurrencies answer to the need for quick transactions online. With Bitcoin, the deposits and withdrawals are almost instant. Is bitcoin gambling safe? Yes! Bitcoin is decentralized in nature and uses cryptography. So, it offers an unprecedented level of security. Plus, you don’t have to give your details when signing up at a casino. So you remain pseudo-anonymous. What do I need to start playing at a BTC Casino? Often, the casino will need you to provide a valid email address, and you, too, might need this, just in case you forget your logging password. Other than the email, you need some Bitcoin. Do I have to pay taxes on my bitcoin winnings? Tax agencies may require you to declare your income. As such, you may have to pay taxes. That said, bitcoin remains in a grey area of legislation in most jurisdictions. Can I deposit with a debit card but cash out in Bitcoin? No! Most casinos want you to withdraw using the same method you funded your account. If you use an e-wallet like Paypal, then you’ll have to cash out in the same way. Also, withdrawing in bitcoin when you deposited using a debit would amount to indirectly buying bitcoins. How can I acquire bitcoins for betting? You can buy through an exchange or a BTC ATM, trade with a friend or relative, or accept them as payments or gifts. Alternatively, you can mine new ones, or benefit from a bitcoin faucet program that you can earn from 100 Satoshis (0.000001BTC) up to 10,000 Satoshis for just visiting a website. What crypto gambling sites accept US players? Our top pick for Bitcoin casinos that accept American signups are BC.Game and Lucky Block - the latter is a USA crypto casino that requires a VPN to access the site, but then no KYC is required so US players can play. BetOnline is another popular option. In the USA, online gambling regulations differ by state. Always check the legality of online gambling and Bitcoin casinos in your jurisdiction.