BETDICE

Bitcoin gambling has become popular amongst players for a number of reasons. Anonymity is appealing to players who may be unwilling to have their spending habits reviewed by authorities, while other players may feel some comfort in knowing that their betting is as private as they choose it to be. The speediness of bitcoin is also a bonus, whether you are depositing or withdrawing, you can often be registered with just an email address and have funds transferred in or out of your account within minutes. While some bitcoin poker sites and casinos will employ a strict level of KYC (know your customer) and AML (anti money laundering), the general process is always far smoother than you would expect from a traditional online betting site.

Think you’re ready to bet with bitcoin? Getting started with this bitcoin gambling website is simple; we have curated the top poker sites, casinos and sportsbooks and made them easily searchable and comparable via the navigation. We typically score sites well for their high level of security, responsive customer service, software quality and whether they are ‘provably fair’. If you ever experience an issue with one of the gambling sites listed here, or would like to positively review a platform, please contact us so we can add your comments to our community reviews.

Start now by searching our list of platforms across any of these games:

Bitcoin casinos – the best in class casinos made available to anyone in the world. Casino play is by far the most popular form of gambling for bitcoin users, and this is reflected in the enormous range of platforms and software providers dealing in bitcoin. Whether you are looking for 3D slots, table games or even live dealers, there is a casino game for you!

Bitcoin poker sites – while the player numbers are dwarfed by mainstream sites such as PokerStars and Full Tilt Poker, the level of quality and activity on some bitcoin poker rooms is more than enough to excite the most experienced poker player. The leading poker sites have thousands of daily active players along with generous deposit bonuses, regular tournaments and bitcoin freerolls.

Bitcoin sportsbooks – the growth of bitcoin sports betting has been huge over the past few years, and that trend is not showing any sign of stopping – particularly as some well respected brands are now getting into the bitcoin mix. The options for sports betting with bitcoin range from ice hockey, football and tennis through to soccer, basketball and even ‘esports’. While some sportsbooks offer a relatively basic service, a number of the larger brands now also offer live sports betting with bitcoin. Show less

Betting with Bitcoin

Bitcoin is increasingly becoming the choice of currency for many gamblers. As you’ll see further below, there are a number of advantages to using bitcoin at your favorite casinos, poker rooms and sportsbooks. If you are considering bitcoin for the first time, read our getting started guide for a quick overview of how it all works.

Gambling Deposits & Withdrawals in Bitcoin

Many gamblers who are new to bitcoin will be uncertain about the process in which withdrawals and deposits are made when it comes to this new type of money. However, there are a number of similarities to traditional casino cashiers, making the whole process a lot more straightforward. For detailed information on bitcoin wallets and the process in which transactions are made, see our getting started guide linked to above. The two key points to consider are:

Verification/ID
While not too common, some bitcoin betting sites will ask for valid ID and proof of address when making deposits and withdrawals. Traditional gambling sites have often been extremely strict on this process, and a number of those operating in the bitcoin space take the same attitude. However, the majority of the gambling sites featured here will be extremely flexible when it comes to setting up an account – often requiring only an email address and in some cases nothing at all.

Speed of Transactions
One of the key aspects of bitcoin’s blockchain technology is the process in which transactions are verified. For a user or business to be certain that a transaction has occurred legitimately (that is to say, it has not been double-spent), the individual must wait for the transaction to receive a number of ‘confirmations’ on the bitcoin network. Each confirmation takes roughly 10 minutes, and typically a bitcoin website will require 2 or more confirmations before it is willing to release the funds.

This is fairly common across all bitcoin gambling websites, however some platforms may require several confirmations, which may mean there is a not-so insignificant delay in receiving your bitcoin. Show less

Benefits of Gambling Bitcoin Over Fiat Currency

While bitcoin gambling is still in its early stages, there are a number of reasons as to why it could be set to surpass its traditional counterpart. This topic is discussed in more detail in our guide to bitcoin gambling, however an overview is provided below:

Anonymity
The level of anonymity that you receive with bitcoin is far greater than that of fiat. Bitcoin transactions can only be identified by their unique ID – despite all transactions being made public, the actual purpose of each transaction can only be speculated upon.
NOTE: Without careful management of your transactions, it is possible that a determined individual might be able to reveal the purpose for which a transaction was made. Typically, most users only use 1 transaction per address so as to avoid this possibility.

Speed
It was touched upon earlier, and in further detail in the bitcoin gambling guide linked to above, however it cannot be dismissed. The speed at which a user can register, deposit, bet and withdraw at a bitcoin gambling site far surpasses that of a traditional one. While withdrawals can be slow (up to 60 minutes), it is likely that the same withdrawal on a traditional casino would take days to reach any given bank account.

Transparent
While bitcoin is anonymous, it is also transparent. This means that when it comes to bitcoin gambling, many of the sites that operate can be held accountable. For example, should you make a deposit in a casino, you can quickly demonstrate that the transaction did indeed happen; unlike in the traditional market where a bank statement could quickly be forged. The benefit of this cannot be underestimated, and it is in everyone’s interest to remain truthful.

Legalities Of Cryptocurrency Gambling

Gambling with bitcoins, altcoins or any traditional currency is an activity that is of course, subject to the laws of the land. This goes for the operators as well, many of whom will put restrictions on the nations that they accept onto their sites. It is important that anyone looking to gamble with bitcoin, altcoin or fiat takes this into account, and decisions are made in the knowledge that they are doing so legally. If you are unsure, seek professional legal advice. Show less

Bitcoins can be obtained through peer-to-peer trading or simply purchased from online markets. Alternatively, Bitcoin can be mined using a state-of-the-art supercomputer – although this option is far less common, as it is more complicated and expensive.

The concept of this crypto-currency has a mysterious history. An article describing the implementation of Bitcoin first appeared in the Cryptography Mailing List back in 2008, this article was written by Satoshi Nakamoto; the alias for the person or group of people who invented this payment method. Despite numerous investigations over the years, no evidence of who the real Satoshi Nakamoto is has ever been uncovered.

The network came onto the scene the following year, offering users an open source Bitcoin client. Shortly after this, Bitcoin exchange markets started emerging online and the currency began to be used in an increasing number of applications – namely online gambling.

Today Bitcoin is in wider use than ever before. As the world’s most popular alternative currency, it can be used to purchase any number of different goods and services. One sector which has been immeasurably altered by the arrival of Bitcoin is online gambling. Countless bettors now use Bitcoins to place wagers quickly and anonymously at casinos, sportsbooks and poker rooms and the number of options available to them is constantly increasing.

As the use of Bitcoin has surged to global levels, we are seeing the emergence of both Bitcoin-specific gambling platforms and regular casinos offering Bitcoin banking options. It’s easy to see why so many avid gamblers are turning to Bitcoin casinos, as these sites offer better odds, added security and faster payouts than traditional platforms.

As more casino players adopt this crypto-currency, the market is expected to grow to phenomenal levels over the next few years. Some commentators have expressed concern that as Bitcoin expands, government bodies may intervene and begin to regulate the currency, which will affect the sustainability of the industry, but this is a theory which has yet to be seen. One thing that is for sure is that we will see more and more high-quality Bitcoin casinos enter the market. Show less

Using Bitcoin can also save bettors a lot of money. Firstly, there are no withdrawal fees on most Bitcoin transactions, even on big amounts. In addition to this, house rakes are low; it’s rare to find a Bitcoin casino with a house edge above 2% and many dip below 1%. This is a contrast to traditional casinos (both online and offline) which have average edges of 5 to 50%. In fact, the concept of provable fairness (mathematical software built into casino games to ensure that they are entirely fair and random) was invented specifically for the Bitcoin casino industry.

As Bitcoin is not controlled by a governing body and operates, instead, via a per to peer marketplace, it is easy to see why the currency is popular within the libertarian movement. The supply of Bitcoin is fixed by mathematics to ensure that the currency does not inflate, this appeals enormously to libertarians and others who want to be more in control of their money and not have it devalued by governments printing cash.

Overall, Bitcoin gambling promises many advantages and it is clear that this innovative monetary technology is set to be a big part of the gambling industry’s future.

What Gambling Options are There?

There is no shortage to the number of different gambling options that Bitcoin-funded players can place bets on. First of all, no conversation about Bitcoin gambling would be complete without discussing Bitcoin slot games. By far the most popular option, these games are simple, straightforward and come in an incredible array of themes. The vast majority of Bitcoin casinos offer slots and an increasing amount of slots software developers are opening their games up to Bitcoin bettors.

Another common choice is poker. Bitcoin poker works in a similar style to slot games, as players are required to land winning combinations such as two of a kind, full house and other famous hands.

Dice games appeal to Bitcoin gamblers thanks to their pure simplicity. All players have to do here is select whether the next roll of a virtual dice will be higher or lower than the outcome that came before it. Some sites have gone on to create alternative, more unique forms of dice but that is the goal of the game in its most basic.

These are just a few of the many options out there. More exciting and unique gaming styles are emerging all the time and there’s no doubt that avid gamblers, whether brand new to Bitcoin or experienced users, will have a great time finding the games that best suit them. Show less