Once a niche market of their own, today Bitcoin online casinos dominate the greater online gambling landscape. Even online casinos that have operated for decades are now using Bitcoin to make their websites that much safer and more efficient. Bitcoin itself is evolving at a rapid pace, and the number of casinos that accept BTC is expected to continue growing indefinitely.
The first Bitcoin only online casinos were developed and launched between 2012 and 2014. WCI offers a comprehensive selection of reviews for many BTC casinos. Some of these sites accept Bitcoin only, others accept Bitcoin in addition to other cryptocurrencies, and others still accept a combination of USD and multiple cryptos. Beyond this, some of these casinos include Bitcoin sportsbooks and poker rooms, while many of them offer casino games alone.
Reviewing a Bitcoin casino is not the same as reviewing a traditional online casino. A number of factors needed to be given special consideration in a Bitcoin casino review. Industry reputation is even more important at an online casino using BTC, as you are at the whim of the operator’s decision whether to pay you or even offer fair games.
Having a provably fair casino is step one, but you want to know that your BTC is not only safe, but that it will also be paid to you if you request a cashout. Many operators have come and gone, and that’s why honest reviews are imperative in helping users find safe Bitcoin casinos to play at.
Fair Go Casino
Now, it is unfair to say that there are only three safe Bitcoin casinos to choose from. As a matter of fact, the majority of them, for the most part, would be considered safe. With that said, we made a selection of our top three picks for 2018 Bitcoin casinos based on complaints (or lack thereof) and general industry reputation. Gameplay and overall value to the user was considered in our top three list as well.
Interestingly, FortuneJack is not the oldest casino on this list. They experienced much of their growth in 2017 and have become a large player among older, more well known Bitcoin casinosin a relatively short period of time.
US players are accepted at FortuneJack and users can deposit using a number of other cryptocurrencies as well, including Bitcoin Cash. Among our top three list, FortuneJack offers the most dynamic list of cryptos to use in their cashier. In addition, new players are also eligible for a bonus of 100% and up to 1 BTC. Dogecoin, Ethereum, Litecoin and Monero.
This is very generous, especially considering they offered the same before the BTC price rose exponentially. In terms of player safety, we have not found any issues with players complaining of scams, lack of payouts, or otherwise. All of this led to FortuneJack being our top pick among Bitcoin casinos.
BetOnline made our top list for a handful of reasons. First, the brand as a whole has been around for decades. In the world of online casinos, this is a virtual eternity.
In addition to its largely unmatched longevity, BetOnline is one of the few large online casinos that both accepts Bitcoin *and* has a sportsbook. BetOnline has continually added different cryptos to its banking roster, keeping it at the forefront of the crypto gambling world. We can say that BOL is one of the safest online casinos for Bitcoin and real money players alike.
3.) Wild Casino
Wild Casino is a sister brand to BetOnline, which means it has the same top level management, but it offers even larger bonuses and promotions than are found at BOL itself. Since Wild Casino was only founded in 2017, we couldn’t rank it at the very top, but it may find itself there in time.
The only downside for Wild Casino is its lack of slot selection, but Bitcoin payment processing is one of its focuses, and this makes it a clear front runner among the competition. We expect the brand’s popularity to grow quickly. Plus, Wild Casino offers other crypto banking methods as well, including DASH, ETH and LTC.
Bitcoin is now among the most popular of all deposit methods at online casinos, competing head to head with traditional USD and other FIAT forms of money. Bitcoin casinos broke ground in a number of ways, and operators quickly saw the benefits and began to adopt BTC at their casinos. As of now, there are hundreds of unique online Bitcoin casinos to choose from.
Today you would have a tougher time finding a list of online casinos that don’t accept Bitcoin than you would finding a casino that does accept Bitcoin. At this point, the majority of online casinos do utilize Bitcoin in one way or another. Some online casinos will allow a credit card deposit, and then require that withdrawals be made via Bitcoin. This is becoming more and more common and is likely to become even more prevalent in the future (be it with Bitcoin or a different cryptocurrency).
While Bitcoin casino deposits used to be almost instant, they can now take quite awhile before they are fully processed. This is the biggest challenge that Bitcoin is currently facing in its usage at online casinos. Depending on BTC network volume, your deposit could take hours to complete. Each casino has their own rules in place for Bitcoin deposits, so some may credit you with playable funds more quickly than others.
A casino that requires only one or two confirmations on the blockchain will allow you to begin playing fairly quickly. If the site requires the transaction to be entirely confirmed, however, you will likely incur a wait of 15-45 minutes, and sometimes even longer. This is one of the primary reasons why online casinos have begun to adopt other crypto banking methods, like Ethereum and Litecoin.
It could be argued that Bitcoin, as it relates to online casinos, is even more accessible than cash itself. Due to the number of casinos that have adopted BTC in their payment processing, you may very well have a tougher time depositing and withdrawing in USD than you would with BTC.
Simply moving your Bitcoin on and off a casino is not enough, however. If you want to use BTC as a deposit method, you must first obtain the Bitcoin itself. Luckily for online gamblers, Bitcoin is the most easily obtainable cryptocurrency in the world. You can buy Bitcoin at any number of exchanges for a minimal fee using your credit card or bank account. For non US players, this process is often times even easier.
If you make a withdrawal from a casino in BTC, you can convert it to USD with ease, and then transfer the money into your bank account. For crypto online casinos and players alike, Bitcoin is the true king when it comes to usability.