page_icon

News

bitcoin guru
Crypto EXPO Asia

Malaysia – Crypto EXPO Asia goes live on April 26, 2018, and InterContinental Kuala Lumpur hosts the world of blockchain and bitcoins for one day. … Continued ⭢

1. General

What is a crypto casino?

A crypto casino is a casino where you can play using your cryptocurrency. This is an umbrella term for all casinos where cryptocurrencies are accepted. The most popular currency to play with is bitcoin.

What is a Bitcoin casino?

A Bitcoin casino is just as it sounds a casino site where you can gamble with your bitcoins. It might be worth noting that a bitcoin casino sometimes also accept other types of payments than bitcoin. This includes fiat currencies like dollars or euros as well as other cryptocurrencies. At the moment there are no physical bitcoin casinos that we know of, so you play casino with bitcoin online.

What types of Bitcoin casinos are there?

We like to divide Bitcoin casinos (and crypto casinos) into two main categories.

A casino that accepts bitcoins and other cryptocurrencies (bitcoin casino/ crypto casino)
A casino that accepts both cryptocurrencies and fiat currencies (hybrid casino)

There are different advantages and disadvantages to the two types. A casino that only offers crypto payments are in general more anonymous, probably fair, higher payout grades, lower transaction fees and is more available wherever you play in the world. A casino that offers both cryptocurrencies and fiat currencies will most likely have higher requirements of verification, higher fees but also more games and bonuses.

Depending on what you prioritize the choice of bitcoin casino lays in your preferences.

What are the benefits of playing casino with bitcoins?

There are a lot of benefits for those that want to play casino with their bitcoins and other cryptocurrencies.

Fast transactions
Low or no fees
High Privacy
Anonymous
Secure

These are the benefits compared to playing on an online casino with fiat currencies. However, there are more benefits that also are applicable on hybrid casino or a real a fiat casino:

Convenient and accessible
Free Casino games
Bonuses and Promotions
Loyalty Points
A lot of games
Comfort
Play where you want

Let’s take a closer look at all the benefits of playing on a bitcoin casino and then the benefits of playing on an online casino in general.

Fast transactions
When depositing with your bitcoins to on an online casino, you can count on fast transactions. To make a deposit is both quick and convenient. The transaction only needs to be verified through the, and it is done. The average transaction time of bitcoins is 10 minutes. However, if you pay a higher fee to the miners (the ones verifying the transaction), it can go a lot quicker. A lot of Bitcoin wallets have even a recommendation on what fees to pay in order to get a quick payment. This brings us to the next benefit.

Low or no fees
Let’s break the fees up into two parts.

The fee the casino takes
The general bitcoin fee

The fee that the casino takes is a fee for a deposit or withdrawal that goes to the casino. Normally a bitcoin casino has no fee at all. This means that the casino does not take a fee, so your deposit is for free. At least from the casinos’ point of view.

However, the transaction is made using the blockchain. This means that there is a fee for the transaction that goes to the miners that verify the transaction. To be perfectly clear, the casino does not gain anything and is not responsible for this. The money goes to the persons that verify the transaction. If you don’t mind waiting before you start playing you can try to send the transaction with no fee. Sometimes it might go through however it can take a couple of days before it does. So the higher the fee you wish to pay the faster the transaction. Fortunately, the fees are very low in comparison with more traditional deposit methods as credit cards and bank transfers.

High Privacy
A real bitcoin casino will respect your privacy even more than a regular online casino. Also though a serious online casino does respect the privacy, it can’t compare with a bitcoin or crypto site.

Anonymous
Some might go a further step and calling a bitcoin casino anonymous. The Bitcoin network is anonymous by itself:

It’s not tied to your identity
The transactions are not tied to your identity
It’s practically impossible to trace transactions

Since most crypto casinos don’t register you as a user or only asks for your mail, this makes playing on a bitcoin casino anonymous.

However, we need to point out that this is not the whole picture. There are a couple of ways to trace the owner of bitcoin. This is extremely hard to do, but at least in theory, it might be possible.

So here are a few tips:

Use a completely anonymous wallet
Use the anonymous web browser TOR
Use a new bitcoin address for each transaction
Use bitcoin mixers

Secure
Bitcoin in its nature is a secure currency which spills over when playing on a serious bitcoin casino. Not only is the casino transfers secure thanks to the Bitcoin network, but the site also doesn’t keep any personal data. This unlike a regular online casino makes it impossible to hack your personal details.

Convenient and accessible
Just like online gambling, in general, a bitcoin casino is both convenient and accessible. You are never far away from the casino. A few clicks on the computer and you are ready to go.

Free Casino games
A lot of casinos offer free games to play on. These might be free bonuses, free spins or other free promotions.

Bonuses and Promotions
Most online casinos, as well as crypto casinos, offer bonuses and promotions. Deposit bonuses are very common among bitcoin casinos as well as popular fiat casinos. Something you won’t see in Las Vegas.

Loyalty Points
Loyal players get rewarded. You will find casinos where you can gather loyalty points thus being rewarded for playing on that specific casino.

Lots of games
There is no question about it. An online casino will have a wider range of different games then a physical casino.

Comfort
The comfort of playing not only when you want but where you want to to make online casinos a lot more comfortable than conventional casinos. You can play in the kitchen, sofa or why not the bed?

Play where you want
Besides choosing the place to play at in your house, most online casinos offer a mobile version of their site. This means that you can play not only when you want but where you want. At home, work, on the bus or wherever it suits you.

What are the disadvantages of playing casino with bitcoins?
Like with all things in life there are pros and cons even when playing casino with bitcoins. So let’s take a look at the biggest disadvantages with playing with bitcoins and later see if there is something we can do about it.

Not all Bitcoin casinos have a license
Not all online casinos accept bitcoin as a payment
Bitcoin is volatile
A withdrawal can take a long time
Not all casinos offer fair gaming

Problem: Not all Bitcoin casinos have a license
Unlike a regular online casino, a bitcoin casino can operate without a having a casino license issued by a certain jurisdiction. These licenses cost quite a lot and are a way for the casino to save money. However, a license is a badge of trust and gives the player an extra layer of security. Especially towards the casino if there is some kind of issue.

Solution: There are bitcoin casinos that have casino licenses. Check them out here:

Problem: Not all online casinos accept bitcoin as a payment
When comparing with other online gaming platforms, the ones accepting cryptocurrencies are fewer. So if you have a favorite casino that doesn’t accept bitcoin you might have to play with fiat currencies or change casino.

Solution: Choose a casino that offers deposits with bitcoin. A while back there were very few casinos that accepted crypto payments. Today there are many. Maybe too many if we are honest. Check out our list of casinos that we have verified. You will be able to choose from reliable sites that both offers crypto payments only and are hybrid casinos.

Problem: Bitcoin is volatile
Since bitcoin is a fairly new currency, it is still very volatile. Some might not find the volatility a good match with gambling. If you lose and the price of bitcoin goes up you have lost (at least counting value) even more.

Solution: Although it doesn’t exist a way of controlling the volatile nature of bitcoins it is fair to assume that the more time that passes, the less volatile the currency becomes.

Problem: A withdrawal can take a long time
The fact is that a withdrawal from a bitcoin casino is, in general, faster than any other online gambling site. But some sites might hold the transaction to verify that bonus requirements are met, or it might take a long time since a player has not been willing to pay the fee for the transaction.

Solution: Read and understand the conditions of the bitcoin casino bonus and pay the recommended fee (that still isn’t higher than other fees).

Problem: Not all casinos offer fair gaming
Bitcoin Casinos as an industry is new, and there aren’t too many established sites yet. Not all of BTC casinos will have a license or offer provably fair games.

Solution: Avoid casinos without a license and look for more established players in the game (pun not intended). You will find a list of provably fair and licensed bitcoin casinos here.

Why is gambling with bitcoin and cryptocurrencies better?

Check out the answers on: What are the benefits of playing casino with bitcoins? Where we list the benefits of playing on an online casino and a crypto casino:

Is bitcoin gambling legal?

Gambling with bitcoin is legal in most jurisdictions where regular fiat gambling is legal. So if you live in a country where gambling is legal and bitcoin as well then bitcoin gambling is legal. In other words, there are no separate laws or regulations when it comes to gambling with bitcoins yet.

Is gambling with Bitcoins anonymous?

The anonymity of a person gambling with bitcoin depends on the user. Although Bitcoin as a system is anonymous, it is important to know that there are methods that could be deployed in order to locate a user. Since all transactions are kept on the bitcoin ledger, there is always a risk of not being 100% anonymous. The same holds true with bitcoin gambling. Bitcoin gambling ads an extra layer of security a page often requires you to register an account in your name. Not always but sometimes. This, on the one hand, doesn’t make gambling with bitcoin anonymous.

On the other hand, if a casino doesn’t require you to create an account, this makes it anonymous. The problem is that since all transaction that your wallet has done are saved on the blockchain, there are methods that possibly could link a transaction to your bitcoin wallet.

So to answer the question if gambling with bitcoins is 100% anonymous the answer is no. However, it can be very anonymous especially when comparing with other methods.

Are there US friendly bitcoin casinos?

Yes, there are quite a lot of US friendly bitcoin casinos. In fact, we have a separate part of this FAQ solely for the topic of casinos that American players can play.

Can I play bitcoin casino on my phone?

Yes, you can play bitcoin casino on your phone. You can play directly in the web browser or through an app. Just as with regular fiat currency casinos a lot of bitcoin casinos do offer casino apps. Just make sure to check that the casino is probably fair before you start playing on it.

We wouldn’t discard sites that don’t offer a casino app since most bitcoin gambling sites have a responsive design. This means that they adjust to the size of your screen which makes them very easy to play on the phone. A lot of players find these mobile adapted websites preferable to downloading a casino app.

What does responsible gambling mean?

Gambling is supposed to be a fun pastime and not a mean to generate income. Responsible gambling is a broad concept that is created to promote just that and create a safe environment for players. The goal is to protect players from the negatives of gambling. This is done by trying to protect vulnerable gamblers and underage gambling. Gambling sites often also work with ethical and marketing and creating a secure online environment. Other ways of being a responsible gambling site which Bitcoin casinos enhance to create are information privacy and a secure payment system.

What are Bitcoin High Yield Investment Programs?

An HYIP is a High Yield Investment Program that unfortunately has been quite popular among bitcoin users. It is a Ponzi Scheme which means that early adopters can make money on the ones coming in after. The early users are getting paid by the later users’ investments and not by profits. This is known as a Ponzi Scheme or ”The greater fool”- theory. As long as new investors come in the old one gets paid and it works. However sooner or later this type of investment always goes bust. Our recommendation is to avoid these strongly.

Are bitcoin bets registered on the blockchain?

In general, the bitcoin bets are not registered on the blockchain. When you deposit money to a bitcoin casino, it is transferred from your wallet to the wallet of the casino. When you play on the casino, the bitcoins are not on the blockchain. Instead, they are recorded on the casino software. When you decide to withdraw them the withdrawal is registered on the blockchain.

What are wagering requirements?

A wagering requirement or rollover is a requirement that a casino imposes on a player. It requires a player to wager a certain amount of money before they withdraw the funds. When playing on a bitcoin casino, these are often lower or does not exist. The exception being when you are claiming a casino bonus. The reason for wagering requirements is to avoid giving away free money and to avoid fraud.

Do I need to download software to play on a Bitcoin casino?

In most cases, there is no need to download special software to play on. Most casinos, both bitcoin and fiat currency casinos, offer great web-browser based gambling. However, there are some players that prefer to download an app to their phone or software to their computer. In the case where a casino offers this software, you can download and play bitcoin casino through it. But it’s almost never a requirement.

Can I gamble with Bitcoin from Anywhere?

Although it is technically possible for players to play from wherever they want there can be some restrictions. There can be restrictions from the casino site or the legislation you are playing from.

So before you start to gamble on a site, it can be a good idea to ask these two questions:

Is it legal for me to play bitcoin casino when I live in this jurisdiction (country)?

Does this particular casino accept players from my jurisdiction (country)?

If the answer is yes, then there is no problem. If the answer is no, we do not recommend to play.

But what if I want to play bitcoin casino although it is not legal?

Since Bitcoin as a payment system won’t block any transaction, there are ways for you to play even though it is not legal or the casino does not accept players from your jurisdiction. Remember that this is done on your own risk.

Unlike credit cards or bank transfers, Bitcoin won’t block the transaction if gambling is not legal in your country. Since Bitcoin does not track where you as a user is located and is in its nature anonymous, it won’t be tracked where you are depositing from. Put simply; you do not need to worry about your payment being blocked.
To play casino bitcoins when it is illegal in your country, it is better to avoid casinos that require you to register an account. A lot of pure bitcoin casinos only offers registration using an email. If you then use a VPN service you can change your IP to another country. This makes it extremely hard if almost not impossible to track who you are or at least where you are playing from. But remember you do this on your own risk.

Is there a specific gambling site for Bitcoin gamblers from the US?

Since Bitcoin is a global payment system and currency most bitcoin casinos accept players from all over the globe. However, there are sites that specially cater US players although other nationalities can play there as well. In this category, we would recommend: bitcoincasino.us

Do all crypto casinos accept Bitcoin deposits?

We have not yet stumbled upon a serious crypto casino that doesn’t offer bitcoin deposits. Bitcoin is the largest and most popular cryptocurrency which makes it a quite obvious candidate among players. The crypto casinos know this so you can rest assured that as long as it is a serious casino, they will accept bitcoins.

What other cryptocurrencies can I use for online casino deposits?

Besides Bitcoin, there are a lot of other crypto casinos that you can use when gambling online. Some other cryptocurrencies that are popular are:

Ethereum
Litecoin
Dodge coin
Dash
Monero
Bitcoin cash
Neogas
Straits
Peercoin

There are more options and as new cryptocurrencies are introduced the popular ones will be accessible to play with sooner or later. If you want to try to play with another cryptocurrency or wish to have the option in the future, we can recommend you check out crypto-games.net. They offer a wide variety of cryptos to play with.

2. How to play with bitcoin

How do I open a bitcoin casino account?

How to open a bitcoin casino account is of course highly dependable on which site you choose to play on. In general, there are two different types of bitcoin casinos:

The ones where you open an account
The ones where you don’t have to have an account

The casinos where you need to open an account on you will need to enter your personal details. Just follow the instructions on the casino and fill in your details. For obvious reasons, you will not be anonymous at all on this account. However, there are casinos where you need to open an account on but only enter an e-mail address and password. Here you are almost just as anonymous as on the ones where no account is needed.

The casino sites where you don’t need to open a bitcoin casino account on you just go to the site and play. You will get an anonymous URL automatically when you go to the site so when you have deposited, want to play and withdraw you can access your account. Just remember to save the URL and to never give the details out to anyone.

How do I deposit to a bitcoin casino?

The process of depositing to a bitcoin casino is both easy, convenient and fast. In order to make a deposit, you need both a wallet and bitcoins on it. Read how to buy bitcoins here. We will sum it up here:

Open a wallet
Go to the exchange and buy bitcoins

When you have set up your wallet and bought your bitcoins, you are ready to go.

Check out the verified casinos on casino bitcoin here
Choose a casino to play on (Do you want to play on a hybrid casino or 100% crypto casino?)
Click on the link and create an account (if needed)
Make your deposit

The deposit is very similar to when you make a deposit using an e-wallet like PayPal, Skrill or Neteller and simpler than a bank transfer.

Most casinos will generate a code or a string. Copy it and paste it into your bitcoin wallet. Choose the amount you want to deposit and send the money. Remember that the fee might affect how fast your transaction is done. Most wallets have a suggested fee that will push your deposit through fast.

Now go to your bitcoin casino account and start playing! If you chose a pure crypto casino, your account will be credited with your bitcoin or other cryptocurrencies. If it is a casino where you only can make deposits with bitcoin but not play with them, they will be exchanged to a fiat currency.

Is there a minimum deposit on Bitcoin casinos?

Whether there is a minimum deposit depends on the casino site but a common number is 0,0001 BTC, but some might have as little as one Satoshi (0.00000001 bitcoin) or as high as one mBTC (0,001 bitcoin). To be sure ask the support on the casino you have chosen or check out the terms and conditions. Remember that there might be a minimum deposit to make the deposit and another one to for example claim a casino bonus.

What is the maximum amount of bitcoin I can deposit?

Most casinos don’t have a maximum amount of bitcoins or any other upper limit you need to worry about.

How do I withdraw?

If depositing to a bitcoin casino is easy it is even easier to make a withdrawal. Simply go to ”withdrawal” in your account and choose the amount you wish to withdraw. Then you need to enter your open key to your wallet. The best and safest way is to open your wallet and copy the key directly. This way you avoid entering the wrong code. Go to the casino and enter the wallet key and choose the fee. And that is it! Your withdrawal is done! To sum up how to make a withdrawal.

Go to your Bitcoin casino account and choose ”Withdrawal.”
Open your Bitcoin Wallet and copy your public address/ key/bitcoin wallet address
Paste the address in the casino account, choose amount and fee
And you are done!

How long does it take to deposit and cash out from a bitcoin casino?

As a rule of thumb a deposit and cash, out to a bitcoin casino should not take longer than the average bitcoin transaction time of 10 minutes. This means that it can take shorter and it can take longer. There are several factors that can affect the deposit time and withdrawal.

Since a deposit is just a transfer from your wallet to the casinos’ wallet, the same rules apply as for any other bitcoin transfer. The deposit time can be affected by the following:

How much are you transferring (the larger the amount, the longer it can take to verify)
The amount of fee are you willing to pay ( the higher the fee, the faster the transfer will go)

The withdrawal time is also a just a bitcoin transfer but this time from the casino to your wallet. It can be affected by the following.

The amount of your transaction
The fee you are willing to pay
If you play on a casino that requires that you are verified, you need to verify your account before the withdrawal
If you have claimed a bonus and met the wagering requirements

The withdrawal per se is just as quick as a regular transaction on the Bitcoin network, however, the casino might want to verify your account or that the terms and conditions are met before your withdrawal. This is standard procedure on all online gambling casinos whether they be fiat or crypto-based sites.

Do I need a credit card or bank account to gamble?

You don’t need a credit card or bank account to gamble on a bitcoin casino. All you need is a bitcoin wallet to make your deposit. However, you might need a credit card or bank account to buy bitcoins on the exchange, to begin with.

3. Bitcoin Casino bonus

Are there Bitcoin casino bonuses?

One of the benefits with casinos online are the bonuses. Bitcoin casinos often do offer bitcoin casino bonuses. Check out all the casinos and there bonuses here. Remember if you do a deposit with bitcoin and play with bitcoin (or any other cryptocurrency) then your bonus will be in bitcoin. But, if the casino exchanges your deposit to a fiat currency, the bonus will be in the fiat currency.

There are many different Bitcoin casino bonuses. Here is a list of the most common ones.

Bitcoin deposit bonus
Bitcoin free spins
Bitcoin faucet
Free Bitcoins

Bitcoin deposit bonus
A Bitcoin deposit bonus is what it sounds like, a bonus you will receive once you have deposited. For example, if it is 100%, it doubles the amount that you deposit. Pretty straightforward.

Bitcoin free spins
If the casino offers free spins when you do a deposit, you get free rounds. These are more uncommon when it comes to bitcoin casinos since the pure games are often not slots. But on casinos that also have fiat, this is a more common bonus.

Bitcoin Faucet
We will take a closer look at how the Bitcoin Faucet works later on, but there are sites where you can play and be rewarded through a faucet. This is a great alternative to free spins that is much easier to implement for crypto casinos.

Free Bitcoins
Sometimes there is an opportunity to get some free bitcoins with no counter-performance. Honestly, you never get a whole bitcoin with no wagering requirements for free. But still, Even if you get a couple of Satoshi, it can still turn into a bitcoin.

How do the bitcoin deposit bonuses work?

We already touched on what a bitcoin deposit bonus is. But many wonders how it works so it’s worth to take a closer look. A deposit bonus is often percentage based on a limit. For example

100% up to 1 BTC

That doubles your deposit up to one bitcoin. When you make your deposit the site often gives your bonus automatically, or you just check a box to receive it. Some sites might have a bonus code, but then it is often stated pretty clear on the site. When you have made your deposit, the bonus is credited at once. But since it is not a free gift, it often comes with wagering requirements.

A wagering requirement is a way for the casino to protect themselves from fraudulent players and bonus abusers. Unfortunately, that means that you as a player need to wager, roll over or play through the requirements. The rollover requirements can be any number of wagers, but 10-40 are common. Before these are met, you can’t withdraw your cryptocurrency just like on a regular casino. Remember that the lower the requirements, the easier it is to clear your bonus.

How do I claim a bitcoin casino bonus?

Before you claim a bonus make sure that the casino offers a bitcoin bonus. After that, there are three ways to claim a bitcoin casino bonus. It depends on how the casino has chosen to structure the bonus.

It is credited automatically when you deposit
It will be credited if you tick a bonus check-box
It will be credited when you enter a bonus code

Each site can choose to use one, two or all three solutions to claim a bonus. This is, of course, deposit bonuses. If you want a free bonus, these are often credited when you open a game or directly when you have created an account.

4. Play Bitcoin Casino free

Can I play bitcoin casino for free?

Yes, there are ways for you to play bitcoin casino for free. You can either look for free spins, free bitcoins or a bitcoin faucet.

Do bitcoin casinos offer free bitcoins?

There are casinos that offer free bitcoins, at least sometimes. They can be a way to attract new players or a reward for existing players. Although you never get a whole bitcoin, it is not uncommon to receive smaller amounts like satoshis.

Are there Bitcoin Casino Faucets?

Some sites offer bitcoin casino faucets. For those that does now a bitcoin faucet is a way to get free bitcoins in exchange for a counter-performance. They have been around from 2010 and have become very popular. A bitcoin casino faucet is basically a bonus or reward for players. They help to attract players to a casino and activate them.

The idea with the bitcoin casino faucet is that it creates a win-win situation. From the casinos’ point of view you get to know their brand, games, and services. From your point of view, you get a free bonus. Some of them have wagering requirements some don’t. Just remember to check out the terms and conditions before you withdraw.

Since most bitcoin casinos have a small house edge, are probably fair and immediate withdrawals you can derive a lot of value from a bitcoin casino faucet. Just stick to the rules!

5. Bitcoin Casino Games

Are there special Bitcoin Casino Games?

Most of the bitcoin casino games are games that you would find in a regular casino. There are slots, blackjack, roulette and video poker. Although they might look a bit different when you are gambling with bitcoins the games are the same.

Then we have games that are more specialized for bitcoin casinos, or at least very popular among the Bitcoin community. One is Plinko that is a game where a ball is dropped down a pyramid and ends up in a basket. The other one is Bitcoin Dice.

Bitcoin Dice is probably the most popular game among the Bitcoin crowd. It is a fun fast paced game that is quite similar to craps. The main difference might be that you can adjust for risk and reward. The most popular type of bet is probably the hi (high) or lo (low) where you bet whether the dice will be higher or lower than an amount.

Can I play slots from providers like NetEnt, Microgaming or any other software provider that is found on regular fiat casinos?

At the moment none of the major casino software providers offer any special bitcoin games or games where you can play with BTC. But if you play on a casino where your deposit is exchanged to a fiat currency, then you will be able to play these games. Of course, assuming that the casino offers these games.

Is the provably fair protocol implementation the same for all BTC casinos and Bitcoin casino games?
Depending on what site and game you play on the provably fair protocol can differ. There are different ways to implement the protocol. However, the core principle is often the same.

Are bitcoin casinos secure? Or Is it safe and fair?

Just as with all business, there is no uniform answer to that question. Instead, it depends on what site you play on. There are casino sites that are very secure, safe and fair and there are sites that are not. That is why we have created this site so that you easily can choose among trusted, high-quality sites that are fair and safe. In our reviews, we try to convey the pros and cons of a site, and you can rest assured that we have tested the sites ourselves.

This process of testing has discarded a lot of sites not deemed worthy. However, this does not mean that there can’t be disputes or problems. It only means that the sites are serious players that put a lot of effort into securing their sites.

What is the house edge on a bitcoin casino?

The house edge on different bitcoin casino sites can vary. One of the biggest benefits with a bitcoin casino in contrast to a regular online casino is that in general, the edge is a lot lower. Even though online casinos often have pretty small edges a crypto casino has even lower not to mention Las Vegas casinos.

A common house edge for different bitcoin casino games:
Craps – 0.2%
Video Poker – 0.25%
Blackjack – 0.4%
Dice – 0.75%
Roulette – 1%
Keno – 1%
Slots – 1%

What does is provably fair and what does it mean?

Provably fair is a mathematical protocol which allows checking the fairness of a casino game. In other words, it is a practice where a player can see that a game is mathematically fair and not manipulated. The casino or software can’t change an outcome which lets to that the result is randomly generated. Since the beginning of gambling, both players and the house have tried to cheat. Counting cards, manipulated roulette wheels and other devious methods have been used. With the birth of online gambling, it became harder for players to cheat but not for the house. Now online gambling is regulated, and games are tested, but in the end, the player has to trust the casino, game provider or at least the regulators. With at provably fair protocol, this is done impartially by mathematics.

How does provably fair gambling work?

In short, provably fair gambling is based on math and cryptography. When gambling the system is structured in a way that the casino doesn’t know the outcome since it is generated by the player, randomly. This way neither the player or the casino can manipulate it.

Depending on what bitcoin casino you play on it may look a bit different but in general it looks something like this.

The deck is shuffled by the casino
The player is dealt a card (Technically a hash which is a cryptographic representation of the shuffles value)
At the same time, the player generates (manually or automatically) a seed for the hash. Since it is random, the casino can’t know it in advance.
The seed changes the hash, that is changing the value of the shuffle, which triggers that a random card is dealt.
The player receives the randomly generated card.

This is in short how the provable fairness gambling system work. As you can see neither the casino that generates the hash nor the player that generates the seed can’t know in advance the outcome. The best part is that you can check that the provable fairness works. Either by checking the script yourself, by using a service some casinos provide or use a third party like https://dicesites.com/provably-fair.

You can check every dice and card draw on many bitcoin casino sites ensuring for yourself that the protocol work. However, this can be a bit time consuming it is assuring that you know that if you suspect something you always can fall back on that. Most serious casinos won’t afford to try to manipulate the results especially since bitcoin casinos are much more transparent than regular online casinos.

To check the fairness protocol for a particular draw or roll, you need the original hash from the casino. This hash should confirm the order of the cards if it is a card game. If you add the seed, you can see the outcome which should produce the same result as when you played. If this happens, it was proven to be fair or in other words random.

This system assures that the game is random. Nothing more, nothing less. What the edge is, if the casino is serious and pays out its players or is not trying to cheat you in any other way is not guaranteed. To see the best bitcoin casinos click here.

How do you know if a bitcoin casino is provably fair?

The easiest way to see if a casino is provably fair is to check out our reviews. If that is not enough, you can use external services or check out the script (if you have the technical knowledge) yourself. We suggest you check out the question above for a deeper dive into how to check if a casino is provably fair.

Is it possible for a provably fair Bitcoin gambling site to cheat players?

If a casino uses a provably fair protocol, it is not possible to cheat a player. But that assumes that two things:

That the casino uses a provably fair protocol.
That the casino is not trying to cheat you in any other way.

Even though the randomness of the game can be assured by the provably fair protocol, it is not a guarantee that the casino does not try to cheat you in any other way. The house edge can be high; the casino might try to steal your money and winnings, the software disconnects and other tricks have been claimed by players. That is why you should only play on validated, tested bitcoin casinos found here.

Can a regular online casino with fiat currency have the provably fair system?

The provably fair system can be used by a regular online casino since the system is not limited to the bitcoin currency.

Are Bitcoin casinos regulated?

Although there are a lot of regulated Bitcoin casinos far from everyone are regulated and/or licensed. A regular online casino needs to have a license from the country from where it is operating. The same holds true for a Bitcoin casino. But since bitcoin casinos are much more anonymous, some have chosen not to be regulated. This, of course, creates a larger risk for the player.

The good thing with a casino license is that it adds another layer to the security. The bad thing is that this can be at the cost of the anonymity a player might want. A casino license might require a casino to verify it’s customers or to ban players from certain countries. Although this is not required by all licenses, there are some that have these kinds of conditions.

Then we also have regulated bitcoin casinos with licenses from countries that don’t have any requirements at all. The casino basically pays a fee and gets a license. The problem with these is that they can be just as bad as a casino with no license at all.

If a bitcoin casino has a license, it adds some kind of extra security to the site. But don’t stare yourself blind at that. There are casinos without licenses that are legit, and there are casinos with licenses that are fraudulent.

With that said we do recommend playing on Licensed and regulated Bitcoin casinos.

Is a Bitcoin casino license necessary if the games are provably fair?

Like we pointed out in the question ”Is it possible for a provably fair Bitcoin gambling site to cheat players?” provably fair only means that the games are not corrupted by the software or casino. It does not guarantee that the casino is an honest casino. They still can refuse withdrawals, block your account, disconnect you or cheat you in other ways. So a casino license is like an extra layer of security for a pleasant, safe and reliable casino experience.

Are my winnings reported to a government agency?

The idea behind Bitcoin is anonymity, and this is the foundation of a lot (not all) bitcoin casinos. Most casinos do not report any winnings to any government. However, it might be a good idea to check the terms and conditions on the site to be sure.

How do I remain anonymous while playing bitcoin casino?

To be anonymous while playing bitcoin casino you need to remember that it is (at least in theory) to track your transactions. However, there is a reason why Bitcoin is used by criminals, and there are several ways to increase your anonymity so that you won’t be detected. Read our answer to the question: Is Bitcoin anonymous?

6. Bitcoin Gambling USA

Is Bitcoin gambling legal for US players?

The United States is known around the world for their laws against online gambling. Most states do not stipulate that betting and gambling with cryptocurrency is illegal. Further, federal legislation has not forbidden gambling for players placing bets. However, an online casino is not allowed to accept any bets on the territory of the United States. This loophole is used by online casinos as they register outside of the United States.

In general, this makes it possible and legal for players to play on a bitcoin casino. However, since the UIEGA forbids banks and credit card companies to facilitate transactions to companies in the online gambling business regular, fiat based casinos are illegal. Or at least there is no possibility to transfer funds.

But each state has their own laws and regulations. Let’s take a closer look in which states you safely can gamble and in which you should be careful.

In what states is Bitcoin gambling legal and illegal?

We can divide all the states into three categories: Legal, illegal and not unlawful

Legal – Delaware, New Jersey, and Nevada
Illegal – Washington
Not Unlawful – All other States

If you live in Delaware, New Jersey, and Nevada, you are allowed to gamble in general. This, of course, includes gambling online with bitcoins. So as long as you use bitcoins or any other cryptocurrency you should be fine.

In Washington, it is illegal to gamble, and this includes online casinos and bitcoin casinos. So residents can’t play on a site even though it is based offshore.

Most other states do not consider it to be unlawful which is a grey area. It means that it is neither legalized nor forbidden. At this moment no one has been prosecuted for gambling with bitcoin online. The UIEGA is targeting banks and credit card companies and not individual players. With that said it is always a good idea to be careful. Remember that U.S. based exchanges and wallets need to pass Know-Your-Customer procedures which often requires verification. This can be State-issued ID and utility bills. If you use such a wallet to deposit to a bitcoin casino, it can be traced to you. A way around this that other players use a wallet based outside of the U.S. wallets, VPNs and sending bitcoin to the casino using middlemen (other wallets) not based in the U.S.

What is UIGEA – The Unlawful Internet Gambling Enforcement Act?

Singed in 2006 UIEGA is The Unlawful Internet Gambling Enforcement Act that stipulates which rules and regulations banks and credit card companies have in regards to facilitating transactions to gambling companies.
casinobitcoins.io