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Home » Bitcoin Casinos

Top Online Casinos for Bitcoin

No one has any idea who Satoshi Nakamoto is, the mysterious father of bitcoin. What we know for sure is that his invention is getting more popular each day. American casino fans are particularly fond of the world’s most popular cryptocurrency, which is what inspired us to talk about top online casinos for bitcoin.

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1
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How We Pick the Best Bitcoin Casinos?

Bitcoin was invented in 2008, but it took a couple of years for the cryptocurrency to really take off. That said, bitcoin is still a new kid on the block when casino payment methods are concerned. In comparison, Visa was launched in the 1950s, which is more than half a century before bitcoin.

This is the main reason why bitcoin is not a too common sight in online casinos. The good news is that some awesome online casinos do deal with bitcoin deposits and withdrawals. As you can see in the list above, we’ve managed to pick out ten of such casinos. Apart from accepting bitcoin, these casinos are great for many other reasons, including:

  • US Players Accepted – If you live in the US, there’s no use of trying to sign up to a casino that doesn’t accept Americans. This is why all of our top picks are US-friendly casinos.
  • Real License – Gambling at an unlicensed casino is not only dangerous but also illegal in some jurisdictions. For these reasons, MobileCasinoParty only recommends casinos licensed by legitimate gaming authorities.
  • Good Track Record – If the user reviews aren’t particularly favorable, it’s often a sign that something might not be right with the casino. We tend not to recommend such online casinos.
  • Bitcoin Bonuses – Casinos give bonuses to attract new players to sign up. However, not all of those deals apply to bitcoin deposits. If there’s no bitcoin bonus, we’re not going to recommend such a casino.
  • Fast Withdrawals – The speed of bitcoin transactions varies depending on the amount. Usually, it’s up to one hour. Of course, this is only true if the casino sends the BTC to your wallet without any delays.
  • Free Transfers – Some online casinos charge a fee on each bitcoin transfer, some don’t. Obviously, those with free BTC deposits/withdrawals are the ones we at MobileCasinoParty prefer.
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Online Casino Deposits with Bitcoin

Bitcoin is based on blockchain technology, which, to be honest, is not very easy to understand. The good news is that it’s not essential to have extensive knowledge of the blockchain to be able to make bitcoin casino deposits.

Actually, it’s just the opposite. Making online casino deposits with bitcoin is no more difficult than making a deposit using any other method. The entire process can be done in a few easy steps.

Let’s now take a look at how bitcoin deposits are made:

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Step 1

Find a MobileCasinoParty-approved online casino that accepts bitcoin deposits. Sign-up and make sure to confirm the account.

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Step 2

After signing up, it is time to make a deposit request. You should pick bitcoin as your desired deposit method.

Step 3

Decide how much money you wish to deposit. Most casinos require you to enter the value in USD, not in BTC.

Gold Money Bag

Step 4

Enter your bitcoin address and confirm the payment, after which you will have to do the same in your BTC wallet.

You should remember that bitcoin deposits are not instant. It has nothing to do with the casino, but with the fact that blockchain transactions take time. The waiting time is usually between 15 minutes and one hour, although larger amounts may take longer.

Online Casino Withdrawals with Bitcoin

A great thing about cryptocurrencies is that they can keep you anonymous. You only need to provide the casino with your BTC wallet to make a withdrawal. They don’t need any other data to be able to send you your BTCs.

However, most online casinos do ask the players to verify their accounts before allowing them to make withdrawals. This has nothing to do with bitcoin, but with their anti-money-laundering policies.

After verifying your account, proceed to make a bitcoin withdrawal request:

credit card mobile device

Step 1

Go to the banking section of your online casino, which is where you need to choose the option ‘Withdrawal.’

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Step 2

Choose bitcoin from the list of available payout options and enter your BTC wallet address.

Cash Money

Step 3

Decide how much money you wish to withdraw and type in the amount using the US dollar as the currency.

Clock and Money

Step 4

The casino will calculate how much your withdrawal is worth in BTC. If you’re okay with it, it’s time to confirm the payout.

How long will it take for BTCs to arrive to your wallet depends not only on the blockchain network but the casino as well. Many casinos don’t sort out the withdrawals straight away. Instead, their processing times can be anywhere from a couple of minutes to several days.
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About Bitcoin

In 2008, the world’s first blockchain-based cryptocurrency was invented. It was given the name bitcoin by its mysterious founder Satoshi Nakamoto. The word mysterious perfectly describes bitcoin’s father as no one can tell for sure who Nakamoto is.

Many theories are circling the internet about his identity, but there’s no proof any of them are true. What’s certain is that whoever Nakamoto is, he (or she, or they) is a very rich person. According to some estimates, the father of bitcoin owns over a million BTC.

If Satoshi Nakamoto had sold all of his million bitcoins in December 2017, he’d now be one of the world’s richest people as that’s when the price of one bitcoin was at its highest – $19,783.

Useful Tips for Bitcoin Casino Payments

Even if you’re not very experienced with cryptocurrencies, it doesn’t mean you should give up on using bitcoin for casino deposits. Luckily for you, you got MobileCasinoParty to help you get the most out of your casino exploits. In the next part, check out some tips and tricks on how to make bitcoin casino payments.
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Double-Check Everything

When making bitcoin deposits/withdrawals, make sure to double-check everything, especially the wallet address. It comes in the form of 26-35 random characters, meaning that it’s easy to make a typo. If you send BTCs to a wrong wallet, they’re gone.

Conversion Rates

There are some casinos that let the players use BTC as the currency. Most others, however, don’t allow such a thing. Instead, you need to convert your bitcoin to the US dollar, using their conversion rates. Our advice is to make sure that the rates are fair.

Bonus T&Cs

Each online casino has its own bonus rules. Some give out the same type of bonus regardless of the deposit method. Others, however, don’t give bonuses for crypto deposits. Then, there are also those casinos that give away enhanced bonuses to cryptocurrency users.

Casino Support

Even if a casino does not list bitcoin as one of the available payment options, it doesn’t mean it’s strictly against cryptocurrencies. You might be able to persuade them to let you make bitcoin deposits/withdrawals by contacting customer support.

Become VIP

If you become a high-roller, your online casino is going to love you. It’s going to do everything possible to keep you coming back. That may include letting you use whichever banking option you want. So, even if bitcoin is not on their list, they might add it especially for you.

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Good to Know!

One of the key reasons why online gambling fans love bitcoin is that it allows them to go around their bank’s limitations. If your bank doesn’t do online transfers aimed at gambling sites, you can buy bitcoins with your credit/debit card, and then make an anonymous deposit to any online casino you like.

Pros & Cons of Bitcoin Casino Payments

Is Bitcoin better or worse than some more conventional banking options? The answer depends on your preferences, as every casino payment method has its pros and cons. Let’s see what bitcoin’s pros and cons are.

  • Anonymity is probably the main selling point of bitcoin and other cryptos. To make a bitcoin transaction, the only info you need is the BTC wallet address.
  • You can buy bitcoin using practically any banking method, including those that you might not be able to use for casino deposits.
  • Another big advantage of bitcoin is that it’s practically unhackable. Hackers simply don’t have the ability to intercept your BTC transaction and steal your funds.
  • The price of bitcoin is very unstable, so you might end up losing money when converting BTC to dollars.
  • Bitcoin transfers take time, so even if your casino approves withdrawals instantly, you will still have to wait at least a few minutes.

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Facts About Bitcoin

In 2017, the word ‘bitcoin’ was voted the word of the year by Financial Times and many other sites. Still, even though everyone seems to be familiar with the word, not many people actually know a lot about bitcoin. With that in mind, here are some fun facts about Satoshi Nakamoto’s brainchild.

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Satoshis

Just like the US dollar is made of cents, bitcoin is made of satoshis. You need a million satoshis to buy one bitcoin.

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Bitcoin Pizza Day

May 22 is unofficially celebrated as the Bitcoin Pizza Day, as that was the date when the first BTC purchase was made. And as you might have guessed it, the purchase was for pizza.

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Bitcoin is Untraceable

When making BTC transactions, your name is not used in any form. This is the reason why in its early days, bitcoin used to attract the attention of criminals.

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Bitcoin is Trackable

The owner of the Silk Road got busted by the FBI through his BTC address. Although bitcoin is anonymous, it’s also a public ledger, so if someone knows your address, they can see your BTC transactions.

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21 Million BTC

Bitcoin mining will continue until the total number of BTCs reaches 21 million. As of 2020, there are 18 million of them.

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The Last BTC

It’s estimated that the last bitcoin will be mined in the 22nd century. In fact, most calculations suggest the year 2140 will be when the final BTC is going to be mined.

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#1 Crypto

Bitcoin is, by far, the world’s most popular cryptocurrency in terms of market capitalization. It is almost seven times bigger than the second-most-popular cryptocurrency Ethereum.

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Not the Only One

Bitcoin is the most popular cryptocurrency on the planet, but is far from being the only one. In fact, there are more than 2,500 digital currencies in the world today.

Visit Bitcoin's Site

Frequently Asked Questions

Does bitcoin allow online gambling?

Bitcoin is a decentralized cryptocurrency, meaning that there’s no one who could ban you from using it for whatever purpose you want. Of course, as long as that purpose is legal. What this means is that if online gaming is legal in your part of the world, using bitcoin for online casino payments should also be legal.

Are there any fees for BTC casino deposits/withdrawals?

Bitcoin payments are peer-to-peer transactions, which means that there’s no bank or a payment processing company involved. In turn, this means that there isn’t anyone you need to pay for bitcoin sending services. That said, BTC casino payments should come with no fees. Unfortunately, there are some online casinos that charge a fee on all withdrawals, regardless of which method is used.

Are bitcoin casino payments completely anonymous?

They can be completely anonymous if your online casino does not request any personal information from you. However, most of them do ask your name, as well as your address and other details. The reason why your casino might ask you to provide your details is to make sure there’s no money laundering going on.

Can I use a friend’s BTC wallet to make a casino deposit/withdrawal?

Yes, you can. The whole point of bitcoin transactions is that no names are used. You just need to enter the right wallet address. Getting your friend to deposit money to your casino account (and vice versa) is something that’s not possible with most other banking options.

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