The 10 Best Bitcoin Gambling Sites In 2024
Crypto gambling is growing in popularity as blockchain technology gains mainstream adoption and is used to enhance existing services. Now, gambling sites that support crypto deposits and Bitcoin gambling exist.
This guide explores 10 of the best Bitcoin gambling sites on the interwebs. These sites have a track record of delivering good services, listing fair games, and integrating well with cryptocurrency.
Best Bitcoin Gambling Sites - Our Top 3 Picks
Types of Bitcoin Gambling Sites
Sportsbook
A Sportsbook records bets on sporting events and pays winners. In traditional gambling, this function is filled by a person called a bookie who collects everyone’s wagers. However, online sportsbooks do this automatically. Usually, you choose a sport and a match or tournament you wish to bet on and place your wager.
Sportsbooks may have started with traditional sporting events, but it has grown to include modern events like eSports and video game matches. Some go further to include politics or entertainment events. For example, a sportsbook could have a section where people wager on the political party of the next President or Governor.
Casinos
Online Casinos are digital versions of their real-world counterparts that feature much of the same games, but adapted for computer users. Some of these games have unique mechanics to compensate for the digital shift, like hash functions to guarantee the randomness of luck-based games like Roulette.
Casinos are not the place for betting on events. Instead, you can play games that use algorithms to generate random results. The games found usually include Roulette, various forms of Blackjack and Baccarat, Slots of varying themes, multipliers and mechanics, and live game shows such as Deal or No Deal.
Poker
Poker sites focus on video poker games and other varieties of poker. While there are sites dedicated to table games, most on our list have a crypto poker section in addition to a casino or a sportsbook.
Lottery
Lottery sites work like the traditional lottery but use random hash functions to create unbiased outcomes. Usually, you buy a ticket and choose six numbers. Then, when the draw is made you win prizes based on the degree of correlation.
If you get all six numbers, you win the jackpot.
Dice Games
Dice games also use hash functions to ensure provably fair outcomes. These sites include various games that depend on the random results of dice to win.
Pros & Cons of Using Bitcoin on Gambling Sites
Pros
- Bitcoin promotes financial inclusion for users in remote regions.
- Bitcoin can be used by anyone regardless of financial laws
- Bitcoin is cheap to use as gambling sites do not need to pay for financial services to accept crypto
- Using Bitcoin to wager saves gambling sites currency conversion costs
- Deposits and withdrawals become cheaper for users
Cons
- Crypto deposits come with a lack of any financial protection from authorities for institutions
- Lack of knowledge or mistakes when depositing or withdrawing crypto could lead to loss of funds
- Bad actors and scams can easily set up a website and integrate crypto payments
Key Facts About the Top 10 Bitcoin Gambling Sites
Compare The Top 10 Bitcoin Gambling Sites
How to Choose a Crypto Gambling Site
Reputation
Betting sites require a lot of trust from users and the best ones have, over time, built a reputation of being trustworthy. Hence, the first thing to look out for in a Bitcoin gambling site is its reputation. There are three main aspects to this.
The first is trust in the safety of the platform. This is related to security and the site’s ability to secure your funds. Avoid sites that have a history of security breaches.
The next is its licenses. While crypto sites may be able to sidestep some procedures, they must be licenced by a recognised body. You’ll find that most sites are licensed in Curacao.
The final area is in its games. The site’s games must be fair. Bad casinos play against their users by rigging games. To build trust, Casinos create provably fair games that allow users to verify their fairness online.
Security
A good Bitcoin gambling site should be secure, especially because it manages user funds and data. It should leverage top notch encryptions to ensure harmful traffic does not break through its firewalls.
Legality
A Bitcoin gambling website claiming to offer services in a country or jurisdiction that does not legally allow residents to gamble online is more likely a crypto scam than not.
Online gambling sites usually provide a document that states their restricted regions. Those that do not simply block IP addresses from restricted regions. Either way, they prevent users from restricted regions from using their services.
If a gambling website does not provide information on restricted countries and does not seem to block users from specific countries, then it is more likely a scam. The only caveat to this are sites that are completely decentralized, in which case you won’t have to create an account or provide KYC information.
Game Variety
Some sites are Casinos with a variety of casino-style games while others are full fledged betting sites with robust sportsbooks. Either way, the site you choose should have a variety of games.
The basics you should look out for are Slots, Table Games, Jackpots, Roulette, Poker, Baccarat, and live games when choosing a Bitcoin casino.
Where a sportsbook is involved, ensure that it includes the major sports like Football, Basketball, Baseball, MMA, Wrestling, and a racing variety. Aim for at least 12 sporting activities.
Funding Processes
Because Bitcoin gambling sites are funded with cryptocurrencies, they are free from most jurisdictional delays. Hence, deposits and withdrawals should be processed as soon as they are confirmed on the blockchain.
Crypto-native sites that take days to process withdrawals are a red flag.
Customer Support
Ensure that the Bitcoin gambling site you choose has an active and responsive customer service team. The top ones, i.e., the ones on our list, all provide live chat and email support. Some also offer phone support.
Bitcoin Gambling Site Bonuses
Welcome Bonus
Welcome bonuses are promotions targeted at new users. They usually involve awarding free turns or matching user deposits and are made to encourage new users to sign up and play games.
They usually come with terms and conditions, the most common of which is that users cannot withdraw whatever bonus cash they get. They must use it to place wagers or play games.
Rakebacks
Rakebacks are a cashback feature that gambling sites use to encourage players to continue playing. The rake is the amount of money players wage or pay to play a game. When players lose, the House gives them back a portion of what they paid.
Sports Bonus
Sports bonuses are usually given by betting sites with sportsbooks. It is made to encourage players to place wagers on sports events. Sports bonuses cannot be directly withdrawn, they must be used for wagers.
Deposit Bonuses
Deposit bonuses usually match users’ deposits up to a certain limit. The goal is to encourage users to deposit funds onto the site and use them to gamble.
Gaming Options Available At Crypto Gambling Sites
Crypto gambling sites offer different games, and while the games vary with sites, virtually all sites list similar categories of games. The major ones include:
Casino Games
Online casino games include the games that you would find in a regular Casino like Baccarat, Poker, Blackjack, and Roulette.
Poker is a card game where a dealer issues cards to a number of players who try to assemble the most valuable set based on preset rules. There are usually financial incentives to winning poker as players either pay for a seat at the table or wager on games.
There are various forms of Poker available in various parts of the world. Some include Five Card Draw and Texas Hold ‘Em.
Blackjack is another card game that involves a dealer who issues cards to players. However, the goal is to assemble a set that is greater than the dealer’s set but less than an overall value of 21.
Baccarat involves players being dealt two or three cards per round. The winner is the one whose cards have the most residual value after the initial overall value is divided by 10.
Roulette is a game of chance where a ball is dropped onto a revolving wheel with various numbers and two colors. Players try to guess the number or color the ball will land on beforehand.
Sports Betting
Sports betting involves placing wagers on various sports activities. The range of activities depends on the site, however some sports feature across all sports betting sites.
Football, called Soccer in the US, is the most popular game on sports betting sites. Players can place wagers on live and upcoming matches with the site setting the odds.
Basketball is another popular sport that is listed on sports betting sites. The most popular league is the NBA, but some sites also list college basketball leagues.
The NFL is another sport that is listed. Players can log into their preferred betting sites to place wagers on their favorite teams.
Bitcoin Gambling vs Regular Online Gambling
Bitcoin gambling differs from regular online gambling in some key areas which we discuss below.
Payment Methods
The most obvious way that Bitcoin gambling sites differ from regular ones is in their payment methods. Bitcoin sites accept cryptocurrency, hence their payment methods are faster, more flexible, and inclusive.
Regulations
Regular gambling sites are usually highly regulated in their countries of operation. This is not always the case for Bitcoin gambling sites, especially those that fully rely on crypto for payments and placing wagers.
This could be a net positive or negative depending on the internal policies of the gambling site. It is usually a net positive for legitimate sites and a negative for illegitimate sites.
Game Selection
Several crypto-gambling sites list games from various publishers. Regular gambling sites have access to more games as those that use regular currency are more readily available than those that use cryptocurrency.
Security
Both regular and Bitcoin gambling sites prioritize security. However, regular sites usually face stricter security requirements from governmental bodies, so they can be counted upon to be safer.
Bitcoin gambling sites rely on internal policies, so a lax policy may result in lax security measures. One way to avoid falling prey to lax security is to sign up for sites that are under government regulations but still integrate cryptocurrencies.
How Does Gambling With Bitcoin Work?
Bitcoin gambling works the way regular gambling works. The only difference is the currency being used. Payments involve sending crypto to the site’s wallet address, similar to sending a regular transaction.
Once online gambling sites receive Bitcoin, they implement various mechanics to support gambling. One common way is to use a proxy currency native to the site’s ecosystem to represent the crypto. Some use a milli or nano form of the crypto sent.
These proxy tokens are not actually on a blockchain, but they present the value of the crypto sent and are used to place wagers. This is done because many of the games are not on the blockchain and thus cannot be used natively with Bitcoin.
Are Bitcoin Gambling Sites Safe?
The safety of Bitcoin gambling sites depends on the internal policies governing security, transparency, and game provability.
The most legitimate online gambling sites all document their policies so players know how they handle funds, approach security, and achieve provably fair games before signing up. Be sure to look out for these policies, and be wary of Bitcoin gambling sites that do not have them written down.
Is Bitcoin Gambling Legal?
Bitcoin gambling is legal wherever online gambling is legal. This is because there are no laws that specifically target Bitcoin gambling in most countries. Bitcoin gambling is legally considered as online gambling, so the same laws apply.
All you need to do is to find out if online casinos and gambling is legal within your country. If it is, you’re free to sign up with a Bitcoin gambling site.
Why Should I Make The Switch To Bitcoin On Gambling Websites?
Easier Payments
Bitcoin gambling sites provide easier payment methods thanks to cryptocurrency. This ease includes the convenience of sending and receiving funds with a natively digital currency as well as the convenience of sending it from any country without geographical barriers.
Anonymity
Thanks to the anonymous nature of cryptocurrencies, Bitcoin gambling sites do not have to collect as much personal information as regular gambling sites. Sites that rely purely on crypto payments do not need your financial or social security information.
This allows you to exert more control over your data, maintain privacy, and keep your Bitcoin gambling activities separate from other financial activities, including your credit score.
Quick Transactions
Crypto transactions are quick, making funding faster than regular online gambling sites that may have to wait for days in cases of banking transactions.
Additional Crypto Gambling Site Reviews
Final Thoughts on the Best Bitcoin Gambling Sites
We explored the best Bitcoin gambling sites on the market and picked BetOnline as the best option because of its wide array of games and sporting activities, its intuitive interface, its brand prestige, and the range of cryptocurrencies it accepts.
Nonetheless, all the Bitcoin gambling sites listed are good options for Bitcoin gambling depending on the types of games you prefer. For example, Metaspins does not offer sports betting but offers a lottery while FortuneJack offers sports betting but not lotteries.
Remember to be cautious when sending cryptocurrency. To avoid mistakes, copy and paste the crypto wallet addresses, do not write them down. To begin Bitcoin gambling, sign up to BetOnline.
Methodology - How We Picked The Best Crypto Gambling Sites
The sites we covered in this guide were chosen through rigorous research and reviews. We paid attention to security, transparency, reputation, game collection, crypto support, and competitive edge.
The sites listed are the best we found in the various categories we listed them. For example, we listed BC Games as the best lottery site because of its £3.1 million lottery draw.
Check out our why trust us and how we test pages for more information on our testing process.