How do you use bitcoin at online casino?

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Bitcoin is the most contemporary and revolutionary money and its popularity is growing faster within each year. If you do not know exactly what bitcoin is, we will explain in short: this currency exists only on the Internet; it has no connection with official financial institutions, and, being totally virtual, it has no economic equivalents.

Why is it convenient to use Bitcoin for online gambling?

Using Bitcoin for online gambling has a range of incontestable advantages over the other methods. The Bitcoin payments are made anonymously so your deposits and withdrawals will not be transferred to any third person and your experience at online casinos will not be shown to your bank. The online casino will not also see the private data of your Bitcoin wallet, so your identity is fully protected. This is more than actual for gamblers who can not use the bank cards as their jurisdiction force the financial institutions to block any transactions made via gambling sites.

Another great perk is the absence of additional conversion of your funds that is sometimes inevitable when you make your gambling transactions in traditional currencies. You may not probably know, but every time you pay in your local currency, say, GBP, and the website’s currency is EUR, your currency is converted to USD first, and in EUR after that. All transaction fees will be excluded from your account, and if you use cryptocurrency, you can avoid such extra charges and save your money. As Bitcoins are not connected with any banks, you do not also pay any other commissions for your transactions.

In addition, Bitcoin wallets are always included in the list of instant options of withdrawals and deposits. Moreover, many online casinos encourage their customers to pay in cryptocurrencies and offer more bonuses applied for the min deposit made with Bitcoins.

Finally, Bitcoin wallets are very hard to crack: there is no personal data required to create a Bitcoin account, and the security systems are highly protected. Thus, this method also helps you to make sure all your finances are safe.

Where to get Bitcoins?

Basically, there are two ways of earning Bitcoins: to change any other currency to Bitcoins with the use of online marketplaces or to mine them yourself.

There is a range of cryptocurrency exchanges, that you can register at and purchase Bitcoins for your local currency or other cryptocurrencies, for instance, Litecoins. If needed, you can also sell your Bitcoins with the same method.

Before you deal with any trades, you have to choose a place where you are going to store your cryptocurrency deposits; for this, you have a very rich choice of different Bitcoin wallets, so before registering at one of them, you can read reviews on the Internet and compare different ratings, that describe pros and cons of each available wallet.

Mining Bitcoins is a demanding process: you need to obtain very modern and powerful hardware; Bitcoin farms require not only the latest expensive video cards but also consume tons of electricity power, so even a home small farm will need a range of serious investments.

How to make a deposit at Bitcoin Casinos

The Bitcoin payment method is actually the same as payments with credit/debit card or any e-wallets; the key moment here is to find a casino that accepts such an option; we will review the top-rated online casinos that accept Bitcoin in the next part of the article, and there are much more of them then we can overlook within this article, so this is not going to be a problem.

Then you will have to choose the desired payment option (if possible — there are casinos that are totally based on digital currency and have no standard options at all ) and transfer your money using the wallet where you keep your funds. As digital currency transactions are not controlled by any official bodies, such a procedure will be immediate — a few moments and you can use your deposit and get the rewards from the gambling site.

The best Bitcoin online casinos

As we have mentioned previously, there are online casinos that accept only Bitcoins, and some that give you a choice so you can also use your credit card or some e-wallets. Our rating is based on the positive reviews from the customers and includes only safe places with good perks for new and loyal members.

Fortune Jack

This is the oldest Bitcoin casino, which is acknowledged as one of the best online casinos that operate with cryptocurrency. This platform does not only provide you with an assortment of slot machines and various table games usual for online casinos; here you can also find live dealer games and sports betting, including live betting. The control of the website’s performance is provided by Curacao E-Gaming Commission, so staying anonymous you are still protected by the Curacao jurisdiction and can trust this online casino.

The platform is powered by multiple top gaming providers, including Pragmatic Play, Play’n’Go, Microgaming, Playson, and the others. This means having access to the most popular and loved titles like Book of Dead, Fortune Cash, Seven Monkeys — about 1 500 titles in total to choose from. This includes various types of roulettes, dice, blackjack, videopoker; as the casino is constantly updating its collection, there is a range of new games appearing regularly and some exclusive slots for the members of Fortune Jack.

The live dealer division is also developed by the top providers like EvoGaming and the other corporations of the same level; this enables Fortune Jack to provide the players with a brilliant performance in their live roulettes, Dream Catcher live, and other live games in a company of professional and friendly dealers. There about sixty live games to choose from which a really generous selection. The main disappointment about this platform is that you will not find real money online poker and live poker rooms here; however, it is obvious that the owners of the casino are constantly working on their assortment updates, so there is a chance that this extremely popular form of gambling will finally appear to cover the gaps in the collection and provide the digital currency enthusiasts with the fullest choice.

In addition, you can try the Provably Fair section, where you will find Dice, Spheres, Mines, Hilo, and Keno.

Sports betting at Fortune Jack is also organized in a decent way; it is not the biggest online bookie, but you can find plenty of markets for football and tennis; there are twenty-four sports to bet on and also about 10 options for live betting. The live streaming option is not enabled, but you can follow the game with the visual graphics that shows all the most important moments of the match. The odds are quite average, so nothing special can be said about them; some of the betting markets contain competitive offers and if your main purpose is enjoying casino games and sports betting is just a good option for switching to something new, you can definitely try placing stakes at Fortune Jack. Besides classical sports betting, they have Virtual sports, too, so their sportsbook is really full of offers and has many things to choose from.

Bonuses and promotions

To register with Fortune Jack, you have to choose an account: you have to create two different accounts to participate in both major forms of gambling — casinos and online bookmakers websites. Each account has its own promotions and gifts for new and loyal customers, so let’s review them separately.

Bonuses for casino are given as soon as you finish your registration process: the very first welcome offer is a no deposit bonus, that allows you to get 25 free spins that can be used for any slots presented on the website. Don’t forget to check the other terms and conditions before you claim the bonus as they may be changed; at the moment the wagering requirements are 40X, and the total winnings that can be gained are limited by 50 mBTC.

When you place your first deposit, you get a match bonus of 110 percent to the amount you have deposited. The maximum amount you can get from this bonus is 1,5 BTC. In addition, you are given 250 free spins; the package will bring you the profit in case you meet the requirements in two weeks from the moment you activate your bonus (e.g. make your first deposit).

The sportsbook bonus is less generous but is still quite nice: you get free bets up to 10 mBTC for your first betting deposit.

In addition, Fortune Jack offers regular promotions for loyal customers; there are weekly cashback, a special minimized percentage of the house edge for certain games, and a loyalty program that enables the players to get more special offers and participate in closed events.

Deposits and withdrawals

As we have mentioned before, Fortune Jack is the gambling site that is totally based on alternative currencies. Bitcoin, the most popular and well-known type of such currencies, is not the extent of the possible payment methods: you can also use Bitcoin Cash, LiteCoin, Ethereum, ZCash, Dash, Tron and other cryptocurrencies. You can not deposit less than 0,002 BTC, but you will be pleased to hear that there are no withdrawal limits, so high rollers will definitely appreciate this payment method. If you want to withdraw really big amounts, be ready to wait for a couple of days, but most transactions are finished in less than one hour.

Bitcasino

This is another casino, licensed by Curacao, that officially provides its services and rated as one of the best bitcoin casinos in terms of customer support, choice of entertainment, and bonuses.

The list of the allowed countries is big enough to cover many customers all around the world; however, there are some restricted ones, too, including Great Britain and the United States.

The website design is simple and nice; being quite a modern platform (it was established in the year 2014), it is compliant with all the most up-to-date trends in webdesign: minimalism and simplicity with some distinctive brand features. It is quite easy to navigate and to find all the offers, so even if this is your first online casino, you will not have issues getting started.

For your convenience, the games are divided into two sections: online games and live dealer games. The first collection contains approximately 4 000 titles, and the live section has 128 games to pick from. This is a multi-provider casino, so you can enjoy the blockbusters from EvoGaming, NetEnt, Ezugi, Betsoft, Kalamba Games, OneTouch, and the other leaders of the casino software industry. You can search the slots and table games by providers, by titles, and sort them by their popularity, RTP, alphabetic order, and volatility. Besides the classical fruit slots and the progressive jackpots, like Tomb Raider, Black Mamba, Mega Moolah, you can also mix up your experience by playing the theme slots that are created on the cryptocurrency topic, and the other miscellaneous subjects. You can choose the games by the themes — all possible options are presented right on the main page and include such themes as Sea, Candy, Money, Wild West, Horror, and plenty of others.

Live games include online poker, various roulette, bingo, keno types, and are lead by several companies who are highly experienced in providing the best live gaming experience for casino websites.

All games can be tried in the demo version, so you can try the features of the casino before you buy Bitcoin currency to create your real money deposits.

There is also a betting service, where you can place stakes on sports, including e-sports events like Dota 2, Counter-Strike: Go, and the other popular online tournaments. For sports betting, you will have to register at a separate platform owned by the same company.

One more perk that is emphasized by the members is the professional and helpful customer support available 24/7; according to many reviews, this online casino is one of the best in terms of customer service, which is as important as having good software and convenient payment options.

Bonuses and promotions

The welcome bonus is quite a simple one, but is really pleasant in terms of the maximum amount: your first deposit gives you a 100% match bonus of up to 1 BTC.

The weekly promotions can bring you up to 200 free spins, cashback, and the participants of the VIP program can claim special services including unique events, more spins, deposit bonuses, and a personal managers’ team who will be available at any time to support you in case of any issues or questions.

Payments

Just like the previous casino, the BitCasino offers you to use different alternative currencies besides Bitcoin; you will see the complete list of them right on their main page. The deposits and withdrawals can proceed with the following methods:

  • MasterCard credit cards
  • Any Bitcoin wallets
  • MuchBetter
  • Neteller
  • Skrill

As you see, fiat banking options are also available; in this case, you just make a transaction with a standard method, for instance, a credit card, and the funds are automatically converted into BTC; you can check the Bitcoin rate on the main page of the casino website.

BetChain Casino

This gambling platform is full of offers in terms of bonuses, payment methods, and, of course, games. The first thing you need to know about it is that it is of the top online gambling sites licensed by Curacao so it is a reliable place for keeping deposits and having a safe bitcoin gambling experience.

However, your identity will not stay anonymous with this platform: for any withdrawals and bonus claiming, you will have to demonstrate your personal data, including your ID card or passport — the players who use bitcoin transactions for staying undefined, might regard this as a major drawback, even though the casino is safe and verified after all.

You will not find sports betting options here; the website is fully focused on online casino products. To deliver as many titles as possible, BetChain cooperates with many software companies including famous Microgaming, Play’N’Go, Ezugi, GameArt, Pragmatic Play — twenty game operators in total. No marvel that you will find actually anything that a gambler may want to see in a casino — not speaking of some exclusively designed games.

Bonuses and promotions

As soon as you complete your registration and go through the verification process, you are welcome to use the bonus given for your first deposit. The first deposit bonus here is 100 percent up match up to 200 EUR, and additional 200 free spins that equal 20 EUR in total. To get this bonus, you are offered to make a deposit of at least 10 EUR and meet the wagering requirements of 50X.

There is also a second deposit bonus, and a third one: totally, you can get up to 1200 EUR as bonus funds.

There are also special conditions for players who deposit not from their standard bank account, but using bitcoin for casinos and betting sites. In this case, your 1st deposit bonus will be a 150 percent match and can reach 1BTC plus the additional 200 free spins.

There is also a no deposit bonus of 20 free spins, which is actually a good start for the new gamblers.

Payments

The range of payment options is incredibly big; not every online casino can be proud of such a choice. Besides digital currency wallets, you can also use your Visa, Maestro, or Mastercard cards, PaySafeCard, Skrill, Neteller, UMoney Wallet (ex-Yandex Money), QIWI Wallet, Skrill, Neteller, NeoSurf, EcoPayz, and some other local wallets. However, the limits vary for different methods. For most options, the maximum deposit is 4 000 EUR, but it can be restricted to 1 000 EUR for prepaid cards and be unlimited for alternative currencies, so check carefully all terms before placing a deposit or claiming a withdrawal.

There are withdrawal limits: you can not charge more than 1 500 EUR from your account per week, and the monthly limit is 6 000 EUR.

Bitcoin Penguin

There is no better word to describe this online casino’s design as ‘cute’. It looks really nice and modern, with pretty graphical pictures and navy blue schemes. The navigation is more than easy from any device including tablets and smartphones working on iOS or Android operating systems.

What is special about this site? Firstly, they guarantee your anonymity and provide you with quick, easy, and totally anonymous registration. The range of games is not probably the biggest one on the market, but you will definitely find the most popular and loved slots, roulettes, blackjack, and baccarat titles. You can find the game by its title by simply typing it to the corresponding search field, or sort all slots and table games by their provider or popularity rankings. The most played jackpots and slots at the moment are the Colossal Vikings, Book of Pyramids, and Aztec Magic. You can see the amounts won by the other players in a ticker tape on the main page which may help you to get an idea of what to play today.

The video poker lovers will find only three editions of their favorite game, but the selection is bigger in the standard poker games section: Oasis, Texas Hold’em, Caribbean Poker, Three Card Rummy, and some more. The library also includes separate games for mobile phones; the mobile experience is realized in a very decent way, which gives Penguin another point in their favor.

Among the special games, Penguin offers Keno, Minesweeper, Horse Racing, Head and Tails, and several variants of Scratch cards. The demo versions of most games are also available both on a desktop version and a mobile device.

One of the disadvantages is definitely the absence of live games. The Bitcoin Penguin has live dealer games and poker rooms in their game selection bar, but if you choose it, you will find no titles in the division. However, the existence of such a section, even though it is currently empty may imply that in some time it will be enabled and filled with at least a couple of games like live roulette or live baccarat.

One more inconvenient thing to be mentioned: the casino does not show a list of restricted countries anywhere. Actually, as this platform is totally based on cryptocurrencies and does not accept any standard payment options, it may have no restrictions at all, but it is better to reconfirm this with the customer support, which, fortunately, works quickly and is available round the clock without any weekends. The website works under Costa Rica’s jurisdiction: this is an official and reliable license, but you have to mind that getting verified by Costa Rica is even easier than by Curacao. Many gamblers all around the world trust casinos licensed by Costa Rica and a lot of positive feedback from BitcoinPenguin’s members does not make us think that there are major reasons to doubt in this platform.

Bonuses and promotions

There is a welcome package given to the newly signed up users: you get a bonus for your first two deposits, which are 150 percent and 75 percent match respectively. In addition, you gain 40 and 25 free spins as a gift for your 1st two transactions, and the total amount that you can receive in total is 0,4 BTC.

If you use another digital currency types, the welcome bonus has the same conditions, but the amounts will be recalculated according to the current rate at the moment of payment. For instance, the 1st deposit bonus of 150 percent will have a maximum amount of 2,5 LTC. The number of free spins remains the same no matter which option you are going to use. Don’t forget to check the wagering requirements: at the moment, they are 45X, but the changes are always possible, so take your time to get acquainted with the terms and conditions offered by the casino.

There are also luring promotions that include having free spins for Monday and Friday deposits, the cashback given also at certain days of the week, and deposit bonuses up to 50 percent.

In addition, it makes sense to check different websites that partner with BitcoinPenguin to see if they contain any special promotion codes. There are some casino informational platforms that can give you extra bonuses exclusively for their customers — and BitcoinPenguin willingly cooperates with them.

Payment methods

As we have already mentioned in this review, only Bitcoins and other Altcoins are accepted by the company, which gives you a guarantee of keeping your private data out of reach of any third party. You can use Bitcoin, LiteCoin, DogeCoin, and other currencies; the full list is provided on the website.

When it comes to deposit and withdrawal limitations, it turns out that the casino is obviously created for the high rollers, as the min deposit is 0.1 BTC. If you check the rate of Bitcoin, you will find out that is really enormous for a casino deposit for casual players. The withdrawals are not limited; at least, it is not indicated anywhere in the payment terms and conditions on the casino page. Penguin claims to have instant transactions and this is most likely to be true: as you already know, cryptocurrency payments proceed at a far quicker rate than the regular standard USD, EUR, and other familiar ones.

If you take a look at the withdrawal policy carefully, you will also see that before you can request any winnings from your account, you have to make at least three deposits and use them for slot games or table games. Such a policy is quite typical and prevents the casino from any fraudulent actions from a player’s side.

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