HOW BITCOIN IS REVOLUTIONIZING ONLINE GAMBLING & SPORTS BETTING
While these have existed for the better part of a decade and progressed along with many other online gambling and betting sites, Bitcoin has helped to make the online casino market even more accessible. Making depositing and withdrawing easier than ever. Bitcoin casinos have also brought brand new competition to the market, and many offer distinct advantages over fiat-based online operators.
Do Bitcoin Casinos Have An Advantage Over Competitors?
Bitcoin casinos have only been popular for a few years, but their popularity has grown dramatically in a short amount of time. In 2012, almost all Bitcoin casinos reported lifetime highs in amount bet by consumers and also in revenue. Several Bitcoin casinos are now multi-million dollar companies with some valued as high at $10 million.
Though this is still a pittance to the billion dollar gambling faints across the world, we have to remember that Bitcoin is still relatively new and Bitcoin online gambling is even newer. Each month, more and more gambling enthusiasts learn about Bitcoin and end up heading to a Bitcoin casino as opposed to a traditional online casino. This keeps a steady stream of players headed to Bitcoin casinos, increasing not only their revenues, but also the rewards and odds that they can offer to players.
What Are The Best Bitcoin Casinos?
We have ranked and graded the best online Bitcoin casinos, allowing you to choose from tried and tested casinos. All of these sites have been tested by Top Online Casinos for user friendliness, ease of withdrawals and deposits and more, and all have proven themselves to be trustworthy.
What Games Do Bitcoin Casinos Offer?
Every game that you can find at a standard online fiat currency based casino can be found at a Bitcoin casino. While offers, bonuses and odds will all differ depending on the game provider, you can find the best of the best at a Bitcoin casino. Blackjack, the most popular casino game in the world, is well represented amongst casinos that use Bitcoin, and a long list of other casino games such as Roulette, Craps, Three Card Poker, Baccarat and more can also be found. Las Vegas favorite Keno is also an option at many Bitcoin casinos as well.
The Advantages Of A Bitcoin Casino
There are a huge number of advantages when it comes to Bitcoin casinos, but the most appealing one is that they do not require any personal information in order to sign up and play. In some cases, Bitcoin casinos do not even require an email address! All you need is a Bitcoin Wallet of your choice to deposit your cash, and then you are ready to play!
On top of this, Bitcoin offers a much faster and more secure payment method for both withdrawals and deposits at the casino. The process is simple and easily accessible, while still being safe and regulated by various bodies.
Bitcoin Casino Odds
Bitcoin casinos often offer the best odds compared to fiat-currency based online casinos or even brick and mortar establishments. While many locally run casinos rarely pay out more than 95% on slots, many online casinos will payout above that percentage.
Bitcoin casinos however, have payout percentages that are previously unseen in the industry, with some even returning up to 99% of the amount wagered to players.
Thanks to Provably Fair gaming we as gamblers actually have a chance to leave the Casino without empty pockets!
Almost all of the games offered at Bitcoin casinos are above or close to the 97% payout rate! This gives players the best chance by far to hit it big and make some money, while giving them the best chance to stay in the action for the longest amount of time. If you’re a hardcore casino gambler who wants the best bang for his buck, then make sure that you start playing at a Bitcoin casino!
What Games Do Bitcoin Casinos Offer?
Any game that you can find in a standard fiat online casino, you will be able to find at a Bitcoin casino. With so many games on offer and plenty of bonuses and additional features that Bitcoin casinos can afford to give to their players, it’s no surprise to see many turning to Bitcoin casino games.
Whether you’re a fan of traditional table games, such as blackjack, poker or baccarat, or you’re looking to take a spin on the slot machines, a Bitcoin casino will have you covered. While slot machines were originally in short supply on Bitcoin casinos, they are now beginning to be found in abundance, meaning you have an excellent selection of games to choose from if you make the switch to Bitcoin casinos.
The Rewards & Bonuses Offered By Bitcoin Casinos
Because Bitcoin casinos are generally cheaper to run, they can offer more bonuses than a fiat online casino, meaning the players are rewarded even more. Many Bitcoin casinos offer no deposit bonuses to their players and regular rewards after this too.
You’re able to deposit and cash out immediately with Bitcoin casinos, and with the majority of bonuses not having a catch of depositing a certain amount before you’re allowed to withdraw, Bitcoin casinos really are the perfect place for a gambling enthusiast.
No Registration Bitcoin Casinos
One of the biggest benefits of Bitcoin casinos is that they are wholly anonymous. Because of this, many Bitcoin casinos on the market offer a no registration experience for their players, meaning you can place your bets without having to sign up or give over any of your information — not even an email address!
You can gamble and bet just as you would at a standard online casino, but you have the opportunity to deposit your Bitcoins and withdraw your winnings without any form of signing up. You can try some of the most popular Bitcoin casino games for free on our site here at Bitcoin Casino Pro, before you make the decision to place a deposit.
Anonymous Registration At Bitcoin Casinos
If you find that you prefer a site where you do have to have some form of registration, you will discover that almost any Bitcoin casino will offer a totally anonymous registration process. At a fiat online casino, you will generally have to send over forms of identification such as a copy of your driving license, utility bill or other form of private data.
However with a Bitcoin casino, the only information you may have to provide upon registration is an email address. Then you can play hundreds of Bitcoin games and enjoy your time gambling, totally anonymously.
Fiat Gambling Sites That Accept Bitcoin
On the market, some fiat online gambling sites do offer some Bitcoin options when it comes to depositing and withdrawing funds. However, these are generally quite rare, and more often than not, signing up is easy and somewhat transparent. Fiat casinos that accept Bitcoin are quite unlike true Bitcoin casinos as they will ask you to provide some more information such as country of residence, date of birth, and your full name.
However, this is a lot less than what a regular online casino would request when it comes to signing up. As you can see, Bitcoin casinos are the more anonymous types of online casinos, which automatically makes them safer when it comes to data breaches and privacy.
Are Bitcoin Casinos Fair?
Bitcoin casinos offer a range of provably fair technology, making it impossible for the player or for the casino to cheat in a game. Here at Bitcoin Casino Pro, we have tested and certified a number of Bitcoin casinos in order to ensure that all of the sites are as fair as possible. Transparent gambling is important to a lot of players, and provably fair Bitcoin casinos are the perfect example of where online gambling is likely to go in the future. There are a number of impressive methods to be able to do this.
Firstly, Bitcoin casinos that are provably fair will use a function known as a cryptographic hash, which is an algorithm to ensure that neither the operator nor the player will never know how a deck will be shuffled, until after it is dealt. On top of this, gamblers are able to cut the decks themselves. Similar features can be found in a number of non-card games such as roulette, craps and slots. We have provided a range of Bitcoin casino provably fair verification tools to help you to know whether or not your Bitcasino game is provably fair.
Are Bitcoin Casinos Regulated & Licensed?
Where Bitcoin is a crypto currency and therefore decentralized, many people were originally concerned that Bitcoin casinos were not regulated and licensed. However, new regulations put in place to protect customers have ensure that licensed Bitcoin casino sites are safe for customers to use.
In addition to this, Bitcoin casinos do not require any personal documentation or private information, meaning consumers are probably more protected when playing at a Bitcoin casino than they would be at a regular online casino.
Is Bitcoin A Secure Crypto Currency?
Bitcoin has proven itself to be volatile, but also resilient over the last few years, having been declared dead numerous times. However, one thing that people have questioned is how secure Bitcoin actually is as a crypto currency. This decentraliZed currency’s security lies in the transaction blockchain.
As Bitcoins are stored in wallets, those who are looking to spend the Bitcoins will have to verify that they are the owner of the wallet through a private key. Wallets can be stored either locally online, but you can also store them offline if you want to keep your Bitcoins as secure as possible.
These are known as hardware wallets, and these are protected in a microcontroller and are therefore immune to things like hacking software and viruses. The protocol of Bitcoin is generally one of the safest, as long as you keep your private key inaccessible to others around you when handling and storing your Bitcoins.
What Is The Future Of Bitcoin Casinos?
With the casino market being the most competitive in iGaming, it is interesting to see how Bitcoin casinos fit into the industry. There are a number of Bitcoin casinos available on the market, which you can see from our ranked list of Bitcoin casinos, meaning the market is growing massively over a number of years. Bitcoin casinos offer worldwide access unlike some standard online casinos that are faced with jurisdiction and legislative problems.
In addition to this, player safety and fair play is also ensured at Bitcoin casinos unlike regular casinos, due to the various provably fair protocols and other features that are implemented. This is leading to a number of online casino players making the switch to Bitcoin casinos, and they are very quickly beginning to pave the way to an online gambling revolution.
With exceptionally fast deposits and withdrawals, and the addition of complete anonymity, it is likely that we will see the Bitcoin casino industry begin to boom in the very near future.
How To Choose The Best Bitcoin Casino
Finding the best Bitcoin casino is often a matter of personal preference, but with this you can choose the Bitcoin casinos that offer the games that you love, some of the best bonuses on offer, and a truly safe, secure and fair experience at all times.
The team over at Top Online Bitcoin Casinos has independently tested each Bitcoin casino on the market and provided you with a range of Bitcoin gambling reviews, meaning you are able to see the rankings of each casino. You can use these rankings to help determine which Bitcoin casino to try out first, particularly if you’re new to Bitcoin gambling.
On Top of this, we have also tested, reviewed and ranked the Top Affiliate Programs which can be a great way to earn some additional income. Several of these Top Affiliate Programs pay out for life and are a great way to earn some additional money while you’re playing.
Bitcoin bookmakers are revolutionizing the world of sports betting. Many of the bitcoin sportsbooks featured on this website allow you to create anonymous accounts and wager from any part of the United States.
Thanks to bitcoin, these sportsbooks can process your deposits and withdrawals instantly, so you no longer need to wait weeks for a payout. Banking is also completely free, which means you’ll have more money in your player account. Bitcoin sports betting sites allow you to wager on every major league in the USA, UK, Europe, Australia and Asia, including the NFL, NBA, AFL and the English Premier League