The popularity of Bitcoin has surpassed all imaginable boundaries. The world’s most popular cryptocurrency, used to buy and sell goods all over the world, is also the most commonly wagered crypto on the planet. For that reason, plenty of online casinos have decided to accept payments in cryptos, with Bitcoin being the most widely accepted payment option alongside Ethereum, Litecoin, and Bitcoin Cash.
This article explores how to play with Bitcoin in an online casino, which online casinos accept cryptocurrencies, and how to tell which sites are safe to deposit and play. Remember: the nature of cryptocurrencies makes it even more important to play in safe casinos, as you won’t be able to execute chargeback rights to your payments.
Getting Started
The process of getting started in a Bitcoin Casino may be overwhelming if you don’t already have a wallet and an account in a crypto exchange, but, once you finish setting everything up, things get much simpler. In fact, Bitcoin gambling is one of the many ways in which bitcoin can Benefit you. The steps to follow in order to get started are:
- Before you begin, set up everything needed to buy and transfer Bitcoins with your money. Set up an account in an exchange like Binance and create a wallet if you don’t have one.
- Make sure that you verify all of your information on your exchange of choice and ensure that your wallet and exchange account are operative.
- Register at the Bitcoin casino in which you wish to play. The Casino Wizard wrote the BitStarz Casino review and regard the website as one of the very best crypto casinos in the world.
- Verify your account if needed.
- Claim any no deposit bonus that the casino offers, if it has one.
- Go to the cashier to make a deposit.
- When opting to deposit with cryptocurrencies, you will be given a custom wallet address for your account. Send your BTC from your personal wallet to your crypto casino wallet.
- Once the funds are processed into your casino account, you will have the option to play with them.
Understand the Casino’s Know Your Customer Policies
Bitcoin Casinos are generally an easy target for players who live in jurisdictions where online gambling is either regulated or outright illegal. It’s important to understand that most legit BTC casinos still have KYC policies that prevent players from certain jurisdictions to register and play. Your money may be trapped if you deposit cash from a restricted jurisdiction.
How to Bet on Sports with Bitcoin
Online casinos that accept cryptocurrencies and that also host sportsbooks are the best places to visit if you want to wager on sports with Bitcoin. You just need to find one of them, such as FortuneJack, and deposit your BTC after creating an account. Odds are generally not too far off from FIAT currency sportsbooks and, in some cases, they may be even better for certain sports.
Keep in mind that some hybrid sportsbooks allow you to place bets on FIAT currencies as well as cryptocurrencies. You may prefer visiting one of these casinos, if licensed, to have a wider array of betting choices at your disposal.
Staying Safe: Must-Know Bitcoin Casino Facts
Before you move on and start playing on the world’s best Bitcoin casinos, it’s important to know the most relevant aspects to consider in your quest to find the very best iGaming site out there. Safety is of utmost importance when gambling with cryptocurrencies.
Licensing & Regulations
You should never play in unlicensed (rogue) casinos when using cryptocurrencies. Always verify the legitimacy of your preferred casino’s license before registering there to play.
Although the Maltese and British licenses are regarded as the safest in the overall gambling world, you’ll find that most popular BTC casinos are licensed in Curacao.
Software Providers
Reputable providers often prefer not to associate themselves with illegitimate crypto casinos. Pay attention the software providers of your crypto gambling site of choice: it is unlikely that illegitimate websites will operate games from companies like NetEnt, Microgaming, Play’N Go, or Pragmatic Play. If you only see games from one developer and its name holds little weight, you may be better off staying away from the site.
Reputation & Customer Support
Pay attention to what other players say about a casino before you register an account in it. See what other players say about the site and make sure to test the customer support options in advance. It would also be wise to see what players say about the casino’s customer support if you want to make sure that your experience will be a smooth one.
Play in Legit Bitcoin Casinos and Spend Your Cryptos to Win
The most important feature to consider when looking for a crypto casino is its legitimacy. Ultimately, even if the game selection of a casino is limited, you won’t have any issues as long as the site operator ensures that your money is safe.
If you’re keen to wager with BTC, be sure to register at a legit online casino, claim its welcome bonus upon your first deposit, and enjoy your favorite games with Bitcoin. You now know the steps to follow!
