Bitcoin Casinos 2024

Vienne-GarciaVienne Garcia
6 min read
Bitcoin Facts
Founder:Satoshi Nakamoto, Martti Malmi
Founded in:2009
Ticker symbolBTC
Market capitalization~ 595.9B CAD
(as of Feb 7, 2023)
Best BTC Casino:Stake Casino
Best BTC Bonus:Cloudbet

A group of cyberpunks had been tinkering with the concept of a cryptocurrency for a few years, with Hal Finney to have created the first proof of work system back in 2004. However, the origin of Bitcoin is largely traced to August 2008, when the domain name, was registered.

A couple of months later, the blueprint for this legendary, peer to peer currency emerged, under the authorship of Satoshi Nakomoto. In 2009, Bitcoin was released as open source software. Finney downloaded the software and received 10 Bitcoins from Nakomoto. To this day, it is unclear who Satoshi Nakomoto is, but rumours suggest it might even be a group of people.

idea iconFun Fact: The first commercial transaction Bitcoin was ever used in was to purchase pizza. Just after a year Bitcoin was launched, Laszlo Hanyecz bought two pizzas with 10,000 BTC on May 22, 2010. Obviously, Bitcoin wasn't a big deal back then and no one was taking it seriously, but with today's exchange rates, those two pizzas cost $308,647,788. This day is now fondly known as Bitcoin Pizza Day. Hanyecz says he has no regrets for his purchase, but we would be reeling from indigestion now!

BTC is the most popular coin and many gamblers are switching over to BTC from their traditional currencies like the Canadian dollar, USD and Euros. The draws include:

  • BTC casinos have much higher limits, and sometimes none at all
  • Bitcoin deposits often qualify for a welcome bonus or other offers
  • More established casinos are accepting BTC for banking
  • Bitcoin is now considered a trustworthy cryptocurrency

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Best Bitcoin Casinos 2024

eCOGRAGLIiTech LabsMalta Gaming AuthoritySSL Secured
stake-logo96% Excellent$500visit Stake Read Review
cloudbet-cryptos-only95% Excellent5 BTC / $1,000 + 200 Free Spinsvisit Cloudbet Casino Read Review
BCGame-Logo94% OutstandingVirtually unlimitedvisit BC.Game Casino Read Review
Betpanda-logo-onlycryptos94% Outstanding1BTCvisit Betpanda Read Review
fairspin-casino-logo93% Outstandingup to $450 000+ 140 Free Spinsvisit Fairspin Read Review
bitstarz-logo93% Outstanding$2,000 or 5 BTC+ 180 Free Spinsvisit BitStarz Casino Read Review
Bitsler-only_cyptos-Logo93% Outstanding$700visit Bitsler Casino Read Review
Rollbit-onlycrypto-logo93% OutstandingChallenges & Bonus Battlesvisit Rollbit Read Review
rocketpot-casino-logo-500x200-193% Outstanding350 mBTCvisit Rocketpot Read Review
roobetcasino-logo-cryptos-only93% Outstanding$80 in free spinsvisit Roobet Read Review
Duelbits-logo-cryptos92% OutstandingVIP programvisit Duelbits Read Review
Gamdom-logo91% Outstanding15% Rakebackvisit Gamdom Read Review
pirateplay-casino-logo91% Outstanding$500visit Pirateplay Read Review
mbitcasino-cryptos-only-logo90% Outstanding4 BTC+ 325 Free Spinsvisit mBit Casino Read Review
fortunejack-casino-logo90% Outstanding6 BTC or 1200 USD+ 250 Free Spinsvisit FortuneJack Read Review

We've tested these casinos and found they perform excellently across all parameters. In addition to BTC, they also accept payment in Canadian dollars so you can switch between crypto and regular cash payments for banking as needed.

What is Bitcoin?

Bitcoin is a digital currency, and it does not physically exist. It has a ledger on a blockchain that records all the transactions made in BTC so that everything that happens is transparent. It is also a peer to peer network, meaning that it is decentralised. No one controls it. That means it's not run by the government and does not operate through the existing banking system.

As Bitcoins are not physical and are not part of the conventional banking system, you can't store it in your regular bank account. To hold BTC or any other cryptocurrency for that matter, you will need to have a crypto-wallet. The most popular ones are:

Bitcoin Units

Since it was first launched, BTC has gained significant value. 1 BTC is worth well over $30,000 CAD today, and different units have come up to make smaller transactions easier. These units go as follows:

  • 1 millibitcoin (mBTC) = 1/1,000 of a Bitcoin
  • 1 microbitcoin (μBTC) = 1/ 1,000,000 of a Bitcoin
  • 1 Satoshi = 1/ 100,000,000 of a Bitcoin.

Bitcoin & Online Gambling

As more people now hold Bitcoin and other cryptocurrencies, more and more establishments have started accepting them for payments.

However, be very careful about which casino you choose if you want to play with Bitcoin. Because Bitcoin isn't a proper currency like the Canadian dollar, the US dollar or the Euro, it isn't subject to the same regulations. That means there are quite a few Bitcoin casino scams out there. If you do want to use your crypto at a casino, don't let the fly by nights take your money.

Make sure you choose a reputable Bitcoin Casino. We've listed some of the best Bitcoin casinos below to help you get started. Beyond banking with crypto, these casinos offer the full gamut of first class service and games that players expect.

How to Use Bitcoin at a Casino

Generally speaking, there are two ways to bank with Bitcoin or other popular crypto currencies like LiteCoin and Ethereum at online casinos. Some casinos will have a workaround with an e-wallet, like Skrill or Neteller, through which you will make your payments in crypto instead of the usual Canadian dollar.

Bitcoin acceptedMeanwhile there are other casinos and gaming sites that let you bank directly through your crypto-wallet like Coinbase. The casino's cashier will provide you with the address where you can send your money. Afterwards, some casinos may convert your crypto to dollars, while others will keep it as a Bitcoin balance in your account.

To withdraw your winnings, go to your blockchain wallet and request a payment. This will generate a new address that you can give the casino to which they can send you your funds. It is recommended to generate a new address each time to ensure maximum security.

idea iconDo note that some casinos will payout in dollars instead of the cryptocurrency you deposited with.

What are the pros and cons to Bitcoin Casinos?

While Bitcoin – and cryptocurrencies in general – are famous for the anonymity they provide, you won't necessarily benefit from that fully at an online casino. At least if you do the smart thing and stick with a licensed casino. Licensed casinos are legally required to verify your identity to prevent money laundering and fraud, so it's for everyone's good.

So, other than the sexiness of it all, why else would you want to use your Bitcoin at an online casino? Well, for one it's fast, as with any e-wallet. Since it's not a bank transfer, there is no extra processing time or bank fees.

  • Very fast transactions
  • No banks involved
  • Independent currencies
  • Low to no fees
  • Payouts usually only possible in Dollar
  • High fluctuation in the exchange rate
  • Few pure Bitcoin Casinos available

bitcoin-3242250_640Payments with cryptocurrencies like Bitcoin are fast and anonymous.MoreLess

Provably Fair Games at Bitcoin Casinos

Provably fair games at crypto casinos are based on a hashing technique called SHA256. The technique was developed by the US National Security Agency, or the NSA for short.

libraThe technique automatically converts every bit of digital information into a unique data string, also known as a hash. If you were to change just one character in the string, it would result in a new value and you won't be able to access the original data string. The games use this hashing technique to demonstrate its fairness.

How Provably Fair Games Work, with Blackjack as an Example

  1. The Provably Fair technology is designed into the game at BTC Casino, with hashing taking place in the background during the shuffling process.
  2. Seeds and hashes are generated, creating data randomly. The hash value is then transmitted to the player.
  3. The cards are dealt and you play the Blackjack game just as usual.
  4. After the game is over, you can verify the hash value to make sure the games was fair. To do this, you can go to a third party verifier such as where you can enter the SHA256 hash you received and enter it there. You will then be able to see if the data was correct and if the round you played was manipulated or not.

info iconIn short, Provably Fair games give players the means to directly verify a game through the hash value. In BTC casinos and other crypto casinos that offer these games, you will see a special button for this feature that you can activate to check the game's fairness for yourself.

stake-live-casinoSome of the live casino options at Stake CasinoMoreLess

What's in the future for Bitcoin?

Bitcoin is really the granddaddy of cryptocurrencies, and it's the crypto that everyone wants to hold. It's seen a lot of ups and downs in the last few years, but it's mostly been ups.

Tesla_logoWhen Elon Musk tweeted back in March 2021 that you can now buy a Tesla with Bitcoin, the price of BTC shot up. While it did fall back down when Musk said there are environmental concerns to the crypto, the use of green energy in BTC mining should mitigate these concerns. With Tesla having bought $1.5 billion worth of BTC and with no intention of selling it, the future of Bitcoin seems secured.

There has been nerve wracking volatility - and probably there will be more of that to come - but that's part of the adventure of cryptocurrency development. Investors are loving the ride, and for casino players who have BTC in hand, this coin looks like it's going to be a payment method that's here to stay.

Bitcoin Casino FAQ

  1. Is Bitcoin real money?
  2. Do casinos accept Bitcoin transactions?
  3. Is Bitcoin gambling legal?
  4. Are there fees involved with Bitcoin casinos?
  5. Is there a Bitcoin bonus at online casinos?
  6. Are Bitcoin casinos safe?

1.) Is Bitcoin real money?

Bitcoin is a virtual currency, in that it exists only online. That is opposed to fiats like dollars and euros which also have a physical manifestation in the form of coins and bills. While many were skeptical at first, Bitcoin is now widely traded and talked about, and from a currency perspective, does appear to be here to stay.

bitcoin iconFrom a comparative standpoint, however, some would argue that Bitcoin is fundamentally different from the Canadian dollar, the US dollar, or other currencies issued by the government, in that it's more like an asset than a currency, with its value exclusively dependent on what it's being traded for on the markets. That being said, in reality, fiats are essentially being valued that way as well.

The difference is that Bitcoin, like most cryptos, is mainly purchased for investment purposes, as there are still relatively few places where you can use it as a payment method. For example, you would be hard pressed to find a grocery store where you can pay in BTC. On the other hand, Bitcoin gambling has become increasingly popular over the years, where it is treated like real money, i.e., the kind of cash you can buy stuff with.

So overall, we'd say, Bitcoin is most certainly real money, though its practical uses beyond gambling, are still evolving.

Back to FAQ

2.) Do casinos accept Bitcoin transactions?

Yes, of course. Not only do casinos accept Bitcoin transactions, but this has actually become a popular genre in the online gaming world, with crypto casinos being the hottest entity on the market. In fact, so much so, that many traditional veteran online casinos have also added Bitcoin to their accepted payment methods.

digital-walletMore so, they have also made it exceptionally easy to conduct Bitcoin transactions. If you already have Bitcoin in your crypto wallet, you can use this wallet to make a direct deposit to the casino (and make withdrawals as well). And if you don't yet have BTC and want to get in on the crypto gambling game, many online casinos will facilitate the purchase of Bitcoin (or other accepted cryptos) direct from your casino wallet through a third-party provider like MoonPay or Remik using a credit card, Google Pay, Apple Pay, and the likes.

Back to FAQ

3.) Is Bitcoin gambling legal?

Bitcoin gambling is in fact legal so long as you choose to play at a licensed online casino. You can easily do your own research, if you come across a casino that appeals to you, by checking the website's footer for details on its licensing. While "regular" online casinos have licenses from different regulatory bodies (all of which are considered equally good), we have found that most crypto casinos have a Curacao e-Gaming license.

curacao-egaming-licenseIf, by the way, you want to find excellent Bitcoins casinos that are fully licensed and regulated the easier way, we recommend any of the operators listed above on this page.

As for whether Bitcoin gambling is legal in Canada, Australia, or across Europe, in theory, in most of these places yes. But the specifics are constantly evolving, so you need to check the Terms & Conditions of the site you're interested in, or keep up with local gambling news for the specifics.

But as a whole, rest-assured, Bitcoin gambling itself, is legal. So you have nothing to worry about there.

Back to FAQ

4.) Are there fees involved with Bitcoin casinos?

Casinos do not charge extra fees for using Bitcoin. In fact, most of the casinos reviewed on our site do not charge fees for deposits and withdrawals at all. However, as you may know, you will almost always incur crypto transaction fees for any action on the blockchain. Maybe a few casinos will absorb this cost - or more accurately split it with you with the casino paying the network fee for money coming in, while you pay the blockchain fee on cashing out.

info iconThese fees will generally differ between the digital coins you are using, so it may cost more or less to transact with various cryptos. In addition, the exchange or wallet service you are using also plays a factor, with each having its own fee structure for these things as well.

In any event, it's important to be clear, the fees have nothing to do with the casinos themselves, so don't be put off when you see this. Besides fees are often a part of life even with bank wires and e-wallet services. So it's in no way the end of the world, just something you should pay attention to. And maybe consider the frequency of your transactions vs. their size, to find a recipe that can cut down on your fees while keeping to a comfortable budget in terms of how much you want to deposit at a time.

Back to FAQ

5.) Is there a Bitcoin bonus at online casinos?

Some crypto casinos offer a welcome bonus, which is available for deposits made in BTC. And some online casinos have also converted their welcome offer so that it can be claimed in BTC as well.

Usually at crypto casinos, when a BTC welcome bonus is available, it is clearly spelled out - with website banners and cashier prompts, as well as promo emails sent to remind you.


"Regular" online casinos that accommodate Bitcoin generally offer all of their promotions in the Bitcoin equivalent value. So if it is a 100% up to $100 welcome bonus being advertised, you would get 100% up to the equivalent value in BTC. That being said, this is not always the case, so you need to check each promo to be sure.

Other promotions like a reload bonus, weekly happy hour, or weekend bonus would follow the same formula. So it is possible to get other BTC bonuses as well.

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6.) Are Bitcoin casinos safe?

You really do have to be careful when it comes to choosing a Bitcoin casino. Actually any casino really, because at the end of the day we are talking about real money here. However, since Bitcoin transactions may be harder to trace than a credit card charge, you need to have even more trust.

warning iconAnd let's face it, there is a lot of stigma around Bitcoin and gambling respectively, hence even more so together, in terms of the legitimacy factor. So while we definitely wouldn't say Bitcoin gambling is shady (rather the opposite!), you do want to make sure you go with a credible operator, which you can easily do by following our recommendations and your own common sense, which first and foremost dictates - only visit sites that operate legally with a license.

Back to FAQ

The Expert Conclusion on Bitcoin Casinos

While just a few years back Bitcoin casinos sounded like a far-fetched fantasy, as it is becoming increasingly clear, they may just be the future of online gambling.

As professional casino reviewers, with a finger on the pulse, we can tell you we are increasingly seeing new crypto casinos being launched, with older establishments getting in on the trend by adding crypto wallet options.

This of course makes sense, as Bitcoin has become a household word. And many people have it as part of their investment portfolio, with a desire to use it on more "practical" things.

thumb up iconFrom our perspective, really there is no downside, as at the end of the day a Bitcoin casino will be like any other online operator. It's just the payment method that's different. In fact, most reputable crypto casinos will have the same games you can find elsewhere, similar promos, a 24/7 support promise, and the likes.

So if Bitcoin casinos appeal to you, then we say go for it. This is essentially regular old online gambling at the end of the day, just with BTC to bet and bank with.

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Author: Vienne Garcia
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