Since its launch in early 2009, the decentralised cryptocurrency Bitcoin has survived numerous rollercoaster highs and lows, yet it remains a fixture of the financial landscape.
For those who gamble online, it has the potential to offer an easy, convenient alternative to conventional currencies, with benefits including:
- Peer-to-peer rather than bank transfers, meaning they’re instant
- Anonymous transactions, enhancing security
- Reduced overheads mean casinos can offer games with a low house edge
- Trusted software providers including NetEnt and Microgaming offer Bitcoin compatibility
- You don’t need a bank card to open an account in Bitcoin casinos
Facts and tips for using Bitcoin in gambling
In 2017, the Isle of Man formally sanctioned Bitcoin as a legitimate method of payment in online casinos, which opened doors for gambling with the cryptocurrency.
So it’s perhaps not surprising that many operators now accept Bitcoin, both for withdrawals and deposits. (Most still accept conventional payment methods at the same time.)
- Some experts reckon that nearly 60% of cryptocurrency trade goes through a casino, poker and other betting websites
- Online gamblers complete some 337 cryptocurrency transactions every SECOND
Its benefits caused US investor Tyler Winklevoss to say:
Bitcoins are like gold bars with wings. That is why I, and so many others, view bitcoin and its network as gold 2.0.
Of course, you still need to do your research and understand how Bitcoin works. Learn how to buy and sell it, check local laws to check everything you’re doing is legit, and choose the right Bitcoin wallet.
But get it right and you could find the cryptocurrency becomes a bit part of your online gaming experience.
Our best bets for best bitcoin gambling sites
We’ve put together a list of what we reckon are six of the best bitcoin gambling sites:
Launched in 2014, FortuneJack Casino is a modern Bitcoin operator with hundreds of games in its library, including from operators such as Evolution Gaming. It’s a crypto-only site, with a variety of these currencies accepted.
Games include 3D, video and classic sites, alongside jackpots, and table games like jackpot and roulette. The first deposit bonus is 110% up to 1.5 Bitcoin, plus 250 free spins.
Launched in November 2013, Cloudbet is a highly developed sportsbook which also offers live-dealer games plus a full Vegas-style web-based casino. So there’s a huge range of betting markets.
One potential snag is that you need to give an email address for every sign-up, which diminishes anonymity, and email confirmation is also needed before you make a deposit.
First-time depositors get a 100% match bonus of up to 5 Bitcoin, making it one of the most generous deposits available on a sports-betting site.
Online casino and sports betting site 22Bet offers an extensive line-up of games plus a modern interface. Try your hand at slots, live dealer and table games or bet on sports events. It’s all powered by leading software providers including NextGen, Microgaming and Red Tiger Gaming, while slots include classics such as Book of Dead and Starburst.
Bitcoin is one of 20 currencies the site supports, while promos include a 100% welcome bonus.
Launched in 2014, this is a Bitcoin casino which has bagged itself a number of awards and is a developing brand. It doesn’t hold a UK gambling licence, but there are no complaints lodged with any of the major gambling portals as of autumn 2019. It’s also a provably fair gaming website.
When you place your first deposit, BitStarz will match it with a 100% bonus of up to 1 Bitcoin, with a string of other bonuses and promos for returning players. What’s more, it looks great, with hundreds of games (2,200 in all), including 3D slots and live-dealer offerings and classic titles such as Da Vinci’s Treasure.
BetChain – not available in the UK – has had a strong focus on serving the Bitcoin community since its 2014 launch, although it now also accepts conventional currencies. Alongside classic casino games like blackjack and roulette, you’ll find more than 100 slots, plus five poker variants.
There’s a tiered rewards scheme, a wide variety of bonuses, speedy withdrawals and a responsive customer service team.
Lady Hammer Casino
Lady Hammer Casino is one of the newer Bitcoin operators on the scene, having been founded in 2017, but it has fast made a name for itself. Reviewers have praised its wide games selection, a string of nicely thought out bonuses and the quality of its customer service.
Its endorsement by World Boxing champ Christina Hammer means the site brings in elements from the boxing world into its brand, including special games.
All kinds of gaming are catered for, from table game classics to slots and live-dealer offerings, alongside jackpots and player tournaments.
You may be wary of using Bitcoin, and that’s fine. But don’t totally dismiss its potential to enhance your gambling experience. This is our guide to six of the best bitcoin gambling sites, but we'd love to hear your experience.