The Best Bitcoin and Crypto Gambling Sites in 2022.
Looking for the best crypto gambling sites to play through online? Then look no further.
In this guide, we look at the many great online casinos that support cryptocurrencies inclusively and exclusively of fiat currencies.
We go over everything you need to know about the top bitcoin and crypto casinos. This includes the pros and cons of each casino, what games it offers, and sports betting even how different BTC casino sites compare to traditional online casinos.
We also go over what you should watch out for so that you don't get scammed.
Ready? Then let's delve right in.
♂️ What Is a Crypto Casino?
An online crypto casino is pretty much identical to the traditional online casino that you may have come to know and love, but one that lets you pay with cryptocurrency.
This means that, rather than-or sports betting at least in addition to-using traditional currencies like USD, EUR, or GPB, all transactions on the site are done using different cryptocurrencies. These may include Bitcoin, Litecoin, Bitcoin Cash, Ethereum, Dogecoin, Ripple, Tether, and many others.
Moreover, many of the best crypto casino sites also have dedicated crypto or bitcoin games that are exclusive to players using crypto to play.
Advantages of a Crypto Casino.
Besides taking a hi-tech approach to payment methods, there are actually several major advantages to a bitcoin casino
over a traditional one.
Just some of these great advantages are listed below:
Unregulated authority: Because crypto and Bitcoin are decentralized and are not issued or monitored by a singular authority, the chances of you having your personal crypto account frozen or any transactions blocked are virtually zero. Put another way, you have full control of your money! Complete security: Thanks to the secure nature of cryptocurrency, any payment you make (or withdraw) is guaranteed to reach its destination. This is all thanks to the public ledger of cryptocurrency that keeps track of all crypto transactions as soon as they are confirmed. This ensures that there is a record of any and every transaction you make. Complete privacy: Because crypto doesn’t require the divulgence of any personal information, you won’t ever have to worry about your identity being stolen. All transactions are completely anonymous and you can transact without worrying about your actions being traced. Cheap transaction fees: As a standard, many online casinos that deal in crypto don’t charge any transaction fees. And for those that do, these fees are significantly less than any fees charged by traditional online casinos and the mainstream payment methods (e-wallets, credit cards, etc.) that they tend to use. Fast payments: Because Bitcoin and other cryptocurrencies exist only on the internet, payments made using these currencies is usually instantaneous. This means that, if you deposit funds to play, you won’t have to wait for the money to clear. Instead, you will be able to get playing immediately after topping up your account. For those who have ever waited hours-if not days-for payments to clear, this alone gives crypto casinos a major advantage. Taxes: While there may be some exemptions, Bitcoin and almost all other cryptocurrencies are exempt from taxes. This means that, should you win big with crypto, you won’t have to share a portion of your win with the taxman.
Disadvantages of a Crypto Casino.
Like with anything in life, something that has so many great advantages generally also has at least some disadvantages. However, when it comes to the best crypto gambling sites, there are far fewer disadvantages than advantages.
Some of the most common disadvantages are outlined below:
The volatility of crypto: Because it is not regulated in any way, cryptocurrency has been known to be rather volatile. This means that what your crypto is worth today may not be the same as what it will be worth tomorrow. Uncommon payment method: While crypto (especially Bitcoin) has been around for several years, most places in everyday life still don’t accept crypto as a payment method. While this is changing, you may find yourself being forced to cash out your crypto into a flat currencies to purchase the things you want. Untraceable: This may also be seen as an advantage, but many people still worry over the complete inability to trace cryptocurrency. As expected, this ability to transact without being traced has lent itself to criminal and dodgy dealings. However, most online crypto casinos can be checked to see if they are legit before you send any of your hard-earned crypto to them. This check can be performed by reading reviews (like ours) that delve into the depths of the site to examine and verify each aspect is safe.
What to Look for When Selecting an Online Crypto Casino.
Like with any other online casino, there are plenty of things that you should look at and consider before spending your hard-earned money on a crypto casino site. Due to the inability to trace your money once deposited, this is even more important when dealing with crypto casinos.
However, if you keep your eyes open for the things listed below, you should have no problem identifying the very best crypto casino sites from the rest.
As a standard, reputable online casinos won’t offer just a smattering of games that are developed by unheard-of publishers. Therefore, one of the easiest things to look at when considering a new site is the number of different games it has available.
These should include a number of different game types developed by known providers in the industry, such as Hacksaw Gaming, EvoPlay, BetSoft, Play’n Go, and Relax Gaming.
Security and Licensing.
Like any other online casino, the best Bitcoin casinos are required to have a license for the gaming operations that they perform. This means that, if you come across any website that doesn’t have a gaming license, it is a clear indication that the site might not be entirely trustworthy.
In addition to being licensed, it is also important to check what security your chosen crypto casino has. This could be as simple as checking if the site has a valid SSL certificate (which almost every website in existence should have) and who the site uses as its payment processor. A quick Google search of the payment processor should generally tell you immediately if the processor can be trusted or not.
As with almost anything else in life, one of the best ways to find out about something is to see what others are saying about it. This includes crypto casinos.
A stellar reputation is usually a sign that an online casino can be trusted. However, if you come across a site that has a ‘less than ideal’ reputation online, it’s probably best to get your gambling fix somewhere else. This is usually a sign that the site may not operate the way it claims to-no matter how attractive the site may appear.
While there are a seemingly endless number of new cryptos becoming readily available each year, a good indication of a reliable website is one that offers a fair variety. This includes all the biggest names in crypto like Bitcoin, Bitcoin Cash, Ethereum, and Dogecoin.
As with traditional online casinos, something that is always worth looking at is the welcome bonuses and other incentives offered to first-time players. These could take the form of free spins, deposit bonuses, or even vouchers to claim at a later stage.
While these may entice you to register without delay, we always suggest that you read the terms and conditions of these bonuses first.
This is because many of them come attached with wager requirements or minimum deposit amounts.