Cryptocurrency Online Casinos

Cryptocurrency 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 cryptocurrency casino sites are legit? In this constantly updated guide, we ranked the best Crypto Casinos by bonus size, wagering requirements (rollover), VIP programs, player reviews, regulation, security, and fairness.

The Best Crypto Casino Bonuses

RANK	ONLINE CASINO	BITCOIN BONUS	BONUS CODE	CLAIM BONUS
#1		Bitcoin Match Bonus up to $7,500	SLBITCOIN300	Claim Here!
#2		600% Super Play Bonus up to $6,000	CCBITCOIN600	Claim Here!
#3	Bovada	Casino Bitcoin Bonus up to $4,500	BVCBITCOIN150	Claim Here!
#4		200% Match Bonus up to $2,000	IGBITCOIN200	Claim Here!
#5		100% Match Bonus up to $1,000	CRYPTO100	Claim Here!

Best Crypto Casinos in the USA

Lucky Block Casino (VPN Friendly)

One of the newest and most unique Crypto Casinos on the market today is Lucky Block Casino, a new flagship product of the crypto and NFT project of the same name which went viral earlier this year.

As well as being able to deposit and wager with its native token LBLOCK – which hit an almost $1 billion fully diluted market cap at its peak – 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 as the best Crypto Casino given its 15% cashback – which is more rewarding in value terms than the typical welcome bonus promotion most crypto casino sites tend to offer – plus its impressive attached sportsbook, and the upside potential of its native currency. As part of its VIP loyalty program there are additional reload bonuses on offer for high rollers and frequent players.

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 also a full live casino with real dealers. At the time of writing its sportsbook is also offering some of the best betting odds on the World Cup.

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 ‘rakeback’ (VIP cashback) you earn is also paid out in cryptocurrency. BC.Game even have their 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 send USDT tips. There’s also a large player forum and leaderboard for the biggest winner of the day.

The feel is one of a casino that cares about its customers and the cryptocurrency scene, writing in their 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.

BetOnline – 20-Year US Gambling Leader

If you’re an American online casino fan you’ll know the reputation of BetOnline, having led the gambling industry there and worldwide since 1991.

Primarily a sportsbook and poker site, they expanded to offer casino gaming and accept Bitcoin and other crypto deposits.

You’ll find Blackjack, Slots, Roulette, Crap, Keno, Bingo, Video Poker, Caribbean Stud Poker, Caribbean Hold’em Poker and more, including the live casino experience with real dealers over videocam. Every week you can win a $500 bonus playing their ‘game of the week’.

Then you can compete monthly for a slice of $1 million in tournament prizes. That’s $35,000 up for grabs every day in rebuy tournaments running around the clock 7 days a week. To help you stay in the game there’s also 10% weekly cashback – a rebate on any losses up to $250.

Their 100% up to $3,000 casino bonus is split across your first three deposits to make it more manageable. There’s also an extra $1000 bonus for the first deposit you make with cryptocurrency – BTC, BCH, ETH, LTC, XRP, XLM, or USDC, with a low rollover of only 14x.

Compared to the regular welcome bonus with its 30x rollover that’s a much easier wagering requirement that incentivizes people to start using crypto, showing BetOnline’s commitment to Blockchain technology. At the time of writing, they also have a limited-time offer of a 5% boost on crypto deposits, on top of the $1000 bonus, and a further 35% crypto reload bonus. Check the BetOnline website for the latest deals and promo codes to use.

Punt Casino – Six Figure Jackpots

Punt Casino is the latest on the scene and quickly rising in popularity for good reason. It’s one of the most innovative crypto casinos we’ve seen and it hosts over 200 high-tech games. Games available to play at Punt include blackjack, video poker, craps, roulette, keno, thrilling video slots, and more – there’s definitely something for everyone here.

New players can sign up today with a generous 150% Bonus up to €1,500 + 500 Free Spins when they make a BTC, BCH, or LTC deposit. The 500 Free Spins can be used on any of their top-rated, high-payout video slots complete with exciting bonus features and epic progressive jackpots.

Compared to other popular online crypto casinos, Punt Casino stands out in several ways. Their 24/7 live chat customer service is certainly a highlight, as well as their new monthly games from industry-leading providers, and lucrative daily crypto bonuses.

Punt Casino has everything that a high-quality, fast-payout casino should have, but they’ve taken it one step further with their streamlined website design, banking anonymity, crypto compatibility, extensive game selection, and incredible bonuses.

WildCasino – $9000 Crypto Deposit Bonus

WildCasino is another casino operated by BetOnline, so you’ll recognize many of the same games and promotions – like BetOnline they host $1 million prize pool tournaments each month and pay out 10% weekly cashback.

There’s also the $500 game of the week promotion. The bonuses at WildCasino are even bigger, however – the deposit bonus is $5000 using fiat money, or $9000 if you deposit crypto. It’s also spread across five deposits, the first being a 300% up to $3000 bonus, the next four being 150% up to $1500. That first 300% matching figure is very generous for an online casino and gives players making small deposits a chance to win more money.

There’s also the limited-time offer of a 5% Bitcoin boost being added to the value of all your Bitcoin deposits. Then every Sunday, Tuesday, and Wednesday there are reload bonuses for VIP players – notably the Sunday and Wednesday ones only have a 20x and 15x wagering requirement aka ‘rollover’ making them, easier to clear than most Crypto Casino bonuses.

Finally, there are progressive jackpots – with winnings of up to $1 million – and a $200 refer a friend bonus. Both the number of promotions and the reputation of BetOnline behind it make WildCasino a good choice. The promos are available to all players, rather than being only available to high-volume VIP players.

Fortune Jack – Popular Crypto Casino

Fortune Jack is one of the most popular Crypto Casinos in the world thanks to the huge range of casino games and the integration of blockchain technology. Founded in 2014, this casino is also one of the oldest in the industry and among the first casinos that ever accepted cryptocurrencies as a payment option. Generally, Fortune Jack is an ideal casino application for those who are 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, a live casino and world cup wagering. It has positive reviews online, including a score of 4.3 on Trustpilot, quite a high score for Crypto Casinos. That’s considered excellent for a Trustpilot rating and is 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 Crypto Casino sites if you wish to deposit and gamble with BTC.

How We Ranked the Casinos on This Page

When ranking the casinos on this page, we evaluated the following factors:

What is a Crypto Casino?

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

Bitcoin, the most popular digital currency by market capitalization, is generated by miners in cyberspace when supposed “miners” utilize powerful computers to solve complex algorithms. In this process, the miners verify bitcoin transactions by adding them to the public distributed ledger called the blockchain. For that, the miners earn units of the cyber currency.

Besides miners, there are also cryptocurrency investors who follow the price of Bitcoin closely and strive to take advantage of its volatility. While Bitcoin did prove as an immensely profitable investment for some, the recent crypto winter also reminded us that significant losses are possible. For majority of the investors, Bitcoin and other cryptocurrencies are still highly volatile assets.

How Does a Crypto Casino Work?

A BTC casino operates virtually in the same way as a conventional internet casino with the only difference being you fund your account using bitcoins instead of fiat currencies.  But since bitcoin is virtual, you store it digitally as a computer file in BTC wallet in your device or the cloud.

The most intriguing feature of these casinos is that they don’t need intermediaries, such as banks. Players pass BTC from their holding to the casino, with no third party. Read our review of Crypto casino bonuses to learn how deposit bonus deals work.

Why Play at a Crypto Casino?

Crypto Casinos have become extremely popular in the past few years, and for several reasons. First and foremost, many casino players are looking for full privacy and anonymity, something that is not possible using traditional fiat currencies. When using cryptocurrencies, on the other hand, you basically do not have to share any personal data like credit card or bank account details.

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 in Crypto 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 Crypto 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 Crypto Casino reviews over the internet. 

Live Crypto Casinos – Why Are They So Popular?

Live Crypto Casinos are basically 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 very often operated by real people and not machines, a factor that makes gambling much more trustworthy and exciting.

Crucially, you should take into account that some of the 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 Crypto Casino that features a live chat for players.

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

You need to deposit bitcoin to your BTC Casino account to play for real money.

However, many casinos allow you to play for free as you find your way around the site. But the thrill of crypto gambling is when you wager some real money, in this case, BTC.

What Games Are Available at Crypto 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.

Slots

Slots are an addictive and fun casino favorite, although they do have the highest house edge – a low RTP, or return to player percentage. One advantage is you can clear the most bonuses 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 Crypto 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.

Roulette

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

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 Crypto Casino.

Poker

If you’re interested in playing real Texas Hold’em against other human opponents – a skill game – your best bet is BetOnline, which is a full online poker site as well as a casino.

Read our guide to the best Bitcoin poker sites as those are separate categories when it comes to playing against real people. If you’d rather play video poker, and other casino poker variants like Pai Gow poker, Caribbean Stud, Three Card Poker etc. those are available at most of the Crypto Casinos in this guide.

Dice

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

Cloudbet casino offer 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.

Lottery

Crypto 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. Lucky Block has been a trending Reddit crypto and has risen in value by over 40x since its presale and launch of trading.

How Do I Choose a Provably Fair Crypto Casino?

There are things you should keep in mind while choosing a Crypto Casino to ensure you have the best chances and that you don’t end up on the wrong site.

In crypto gambling, scams can happen. A casino may overcharge players, irregularly cancel a player’s payments or confiscate their winnings. Sometimes withdrawals take an eternity to process, or suddenly, a casino may decline the request over some hidden terms. But the epitome of it all is when a casino rigs its games. You lose a game unfairly, without even knowing.

For this reason, you must select a casino that uses Provably Fair algorithms. This algorithm enables players to vet and verify the randomness independently, hence the authenticity of each outcome. The process leverages mathematical algorithms and cryptography. It is, therefore, impossible for such a casino to cheat.

Online casino operators have had it rough in most jurisdictions, particularly here in the US. For instance, before the interpretation of the Federal Wire Act, most states had banned online gambling.  For cryptocurrency casinos, though, the situation is still numb.

Since the government has no authority over bitcoin, Crypto Casinos are in a sense, in legislative limbo. That’s why many reputable online casinos are reluctant to adopt digital currencies for methods of payment.

Even so, there are liberal jurisdictions like Curacao, which issue licenses to such casinos. When choosing a crypto casino, you should ensure that the site is at licensed and regulated by one regulatory body.

Some casinos charge for both withdrawals and deposits. For that reason, it is wise for you to scan through the casino’s payment terms, paying particular attention to the costs of transactions, the speed, bonuses, if any, and many more.

Some BTC casinos, which also offer fiat currencies, also have unique bonuses to encourage crypto deposits. Such freebies, whether cash or in the form of free games, are a kind gesture, and you should exploit them.

However, be wary of the wager requirements, which dictate how many times you must play the bonus money or winnings for the bonus games before you cash out. Also, check if there are other conditions like the maximum bonus winnings withdrawal limit. Settle for Crypto Casino offers you bonus deals that not only extend your playtime but also have tenable playthrough conditions.

One of the critical elements you want to consider is the available customer support options, such as phone support, live chat, or email. You must gauge their availability and responsiveness as well. Also, are the staff professionals well-informed about their products and service, and proficient in how they handle punters, or to them, is everyone a sore loser?

Only a casino with quick ways to seek help and very friendly and smart personnel deserves a high rating. Also, some of us gamblers are DIY guys, so we appreciate a resourceful FAQ page.

How to Know that Crypto Casinos are Safe

The Crypto 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 Crypto Casino sites are licensed in Costa Rica. Always check the ‘About us’ or footer information on any Crypto Casino site homepage to find out where they’re regulated. They should provide their license number on their website. Rocketpot for example provides theirs on the FAQ page.

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, first developed by Netscape in 1995 for the purpose of ensuring 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 of 4.5 on Trustpilot calculated from a total of 210 reviews.

How to Choose the Best Crypto Casino For You

It’s vital to pick the best Crypto 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 manage to clear your deposit bonus. So choose your deposit size wisely to ensure you will be able to clear it all.

Unlike Bitcoin poker sites, deposit bonuses on Crypto 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 work out how much time you can put in to gamble each day, and decide the bet sizes you’ll be comfortable with making. Then check that’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 Crypto Casino that will reward you over the long-term with a loyalty program.

How to Use a Crypto Casino – Step by Step

Before you even think of playing at a Bitcoin online casino, you first need to buy Bitcoin or any other accepted crypto coins. Once you own a cryptocurrency, you will then be able to deposit funds to a Crypto Casino and start playing. To help you get started, we are now going the show the full sign process with an example using our top casino site – Lucky Block.

Step 1: Open an Account at Lucky Block

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.

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 earlier, all new players are eligible for the 15% cashback on losses welcome bonus, with no wagering requirements, and the $10k LBLOCK token giveaway simply by depositing and wagering.

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 screen.

Funds will be deposited to the account near instantly, although times will vary depending on the method. BTC can take 10 minutes to one hour, for example, 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 more than 2,700 games and 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, as well as Money Train 3 – which was just declared best slots game of 2023 by iGaming Business.

Crypto Casino Bonuses

Crypto Casinos are not only popular for being completely decentralized gambling platforms, but for their better bonus promotions as well. They typically pay out larger bonuses in the form of either monetary rewards (paid in crypto) or free spins to their users who achieve specified milestones.

What Types of Crypto Casino Bonuses Are There?

• 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 the initial deposit that you make 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, then you can earn yourself 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, any free spins winnings are paid to you as bonus cash, meaning that 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 if you hunt hard enough, you may find online Bitcoin casinos that offer you free Bitcoins. 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 that’s offered to players who have already made a deposit in the past.
• Game-Specific Bonus: In this type of bonus, you only get a bonus on a specific game.
• Preferred Method Deposit Bonus
• VIP Bonuses: Many casinos offer VIP bonuses to loyal clients. As a VIP, you can get access to extra perks such as free spins, chips and gold weekly or monthly.

What Are the Best Crypto Casino Bonuses?

Although almost every casino offers varying freebies. Some bonuses, may, well, be too good to be true, and, yes, sometimes they are not valid. That offer that you may think is attractive at first sight, maybe just a trap.

Before you choose a Crypto Casino for its bonuses, check on the rollover requirements. There’s no point in claiming a humongous amount of 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, as they can be cleared with a low rollover.

What is a Wagering Requirement?

When selecting a casino, you need to be aware of the concept 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’ then you will need to 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 and indeed you could end up winning more than you lose.

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

The amount you win is purely based on luck! Most games offered at a casino are games of chance. 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 in business, so, to keep running, the game developers program the games to give casinos a small advantage in the long run. This advantage, also the house edge, cater for overheads. Otherwise, casinos would be making losses. Hence, a casino collects money from players and pays it back in the form of wins, but retains the overheads. So the rate at which a casino game pays out is what we call the RTP (return to player), often expressed as a percentage. Every game has it, and it is available for all players to see.

Take a look at the five best Crypto Casino games for payout percentages:

How to Gamble Responsibly with Cryptocurrency

1. Risking only what you can afford to lose – never gamble with e.g. rent money, college fund savings, a retirement nest egg, etc.
2. 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)
3. Knowing to quit when ahead – have a plan to get out if a lucky streak allows you to earn a certain amount of profit, withdraw it and treat yourself
4. 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 turns into 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.

Crypto Casino Rating Criteria

The factors we considered when ranking the best Crypto 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 Crypto Casinos are more generous in waiving fees, i.e. how large of a signup bonus they offer.

Bspin for example stands out for its large deposit bonus of up to 3 BTC, hence its high position in our top ranking of Crypto 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’ll need to deposit twice the bonus amount to qualify for it.

We ranked Rocketpot highly for example because it offers a 100% matching bonus.

Bonus Wagering requirement

The lower the wagering multiplier, the easier it is to clear the deposit bonus while you play.

We gave a high rating to Fortune Jack because it has a relatively low bonus wagering requirement by casino industry standards of 30x. Meaning you need to wager thirty times the value of the deposit bonus to unlock all of the installments.

No Deposit Bonus Options

A popular option for people who want to play 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 potentially make a profit without risking anything if you get lucky.

SlotsofVegas for example is high on our top list of Crypto Casinos as they offer both a 400% deposit bonus and a no deposit bonus of $25.

US Legislation Regarding Ccryptocurrency 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 which was 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 Crypto Casino gambling, especially at reputable sites which follow laws for each US state. All the crypto casinos we review at InsideBitcoins are in full compliance 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 Casinos accepting Canadian players.

Crypto Casino Withdrawal Process

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

Crypto Casino withdrawals are processed lightning-fast, effectively instant unless the Bitcoin network is congested in which case it 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 in place at some crypto casinos, for example:

1. TrustDice – 0.001 BTC
2. Rocketpot – 0.002 BTC
3. Betcoin – 0.0005 BTC
4. PlayZAX – 100 EUR equivalent

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 own deposited monies are available to withdraw at any time, although you may forfeit any active bonus.

When making a withdrawal ensure that you use the right type of network address and double-check that the address is correct, matching your Bitcoin wallet.

Crypto Casino Taxation

Winnings from lotteries, horse races, online casinos, sweepstakes and other types of gambling are taxable by the IRS in the United States. 

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.

Final Thoughts on Crypto Casinos

Any gambler cannot ignore Bitcoin’s meteoric rise. Crypto 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 the second-highest market cap cryptocurrency.

Remember that in games like Slots and Blackjack the house always wins even when playing with perfect Basic Strategy. You can read our detailed review of the best Bitcoin Blackjack Casinos online to know more.

You can however turn a profit in the short-term especially if you take advantage of deposit bonuses, and no deposit bonuses, which come in the form of free spins or free bets.

1. Deposit Bonus
2. No Deposit Bonus
3. Free Spins

See this guide for more information on the best Crypto Casinos.

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.