5 Best Bitcoin Gambling Sites for Crypto Betting in 2022

News Direct

Oct 31, 2022

–News Direct–

It feels like yesterday that online casinos began accepting crypto deposits. Yet, it happened more than a decade ago, and now cryptocurrency has all the chances to displace fiat money in the world of online gambling.

Modern-day Bitcoin gambling sites have a fair number of advantages over traditional online casinos. Most of them are licensed by reputable online gaming regulators, and the blockchain technology made financial transactions both significantly quicker and more anonymous.

If you’re looking to play casino games or bet with your BTC, let us introduce you to the most reputable online casinos and betting sites in the U.S.

Best Bitcoin & Crypto Gambling Sites in 2022:

1. BitStarz: Best Bitcoin Gambling Site Overall

BitStarz is one of the pioneers in the crypto gambling industry. The website accepts BTC and ETH, offers rapid withdrawals & deposits, as well as provides dozens of interesting games. It is well-known for progressive jackpots in both BTC and USD, and excellent online security.

Pros:

  • Numerous games sourced from some of the most trusted gaming software providers

  • Impeccable online reputation

  • Deeply encrypted withdrawals for superb security

  • Quick and easy deposits, streamlined payouts

  • Great customer service

Cons:

  • Special rules apply for users that accept any bonuses

  • Their best-paying games are not their best-advertised ones

BitStarz is a versatile site, offering players lots of different online casino games for sheer entertainment. Here, you can play slot games, roulette, and table games like poker & blackjack.

Unlike many competitors, BitStarz sources its gaming software from several reputable companies, such as Microgaming, NetEnt, SoftSwiss, Endorphina, and the critically acclaimed BetSoft.

In terms of online reputation, BitStarz is remarkably popular among both amateurs and veteran gamblers. It boasts a 4.5 of 5 on Casino Rankings and 4.4 of 5 on Trustpilot based on thousands of verified ratings.

Here, you’ll get to enjoy numerous top-tier, provably fair games, such as Wood Landers, Golden Dragon Inferno, Captain’s Quest – Treasure Island, Book of Helios, and many more.

BitStarz also included a broad range of themed slots; Rags to Witches adheres to the Halloween mood while Sleighin’ It will be perfect for people that love winter and all the magic it brings.

You may want to do a bit of digging to find the best-paying games, though. We’ve had the most luck with Geisha Slots, although we must admit that we weren't overly impressed with its graphics.

Diamond Wild is also an excellent choice if you’re looking for a high-paying no-nonsense BTC slot; it’s a simple 5-reel fruit slot with 3 lines, but what should interest you the most is its progressive jackpot that pays out in both fiat and cryptocurrencies.

Bonuses are waiting for new and returning online casino players, but the rules are quite strict. One of the main conditions that need to be met for you to reap the biggest bonus is to stick under the 25 BTC betting limit, which we imagine shouldn’t be too hard to do for most people. On the upside, you can get up to a 100% welcome bonus as soon as you make your first deposit.

The aforementioned terms apply as soon as you accept your first bonus; you will occasionally be prompted to accept additional bonuses based on how often you return and make deposits/withdrawals, but there’s a small hitch – you will forfeit the amount of BTC you’ve received as bonuses if you ever go beyond the prescribed cap. This is a bit of foul play on their part, as certain poker and blackjack games clearly support higher betting limits.

BitStarz is also famous for its attentive customer service team; not only do they reply quite fast but they’re also very polite and knowledgeable. There are a few people that thought they were ‘scammed’ out of their winnings, but most of them didn’t bother to read the terms.

In our opinion, BitStarz is one of the best Bitcoin gambling sites because it’s got all the bases covered; from online security to a great variety of games, bonuses, and transparency, BitStarz is all that you've been looking for and more.

2. 7BitCasino: Best Bitcoin Slots

7BitCasino is a great crypto gambling site and a perfect place for players who want to explore as many games until they find the perfect one.

It boasts over 2,000 unique games in its catalog from reputable game software providers, such as Betsoft, Evolution Gaming, iSoftBet, Ezugi, GameArt, Habanero, Platypus Gaming, Booming Games, PariPlay, Evoplay, Blueprint Gaming, and many more.

Pros:

  • Features an enormous selection of games sourced from dozens of reputable software providers

  • Live betting on certain slots and card games

  • Lightning-fast eWallet transactions

  • Free rewards each Monday for players that deposit the prescribed minimum of BTC

  • New games are being added frequently

Cons:

  • Bonuses are geo-locked and inaccessible to gamblers living in certain countries

  • Long waiting times on traditional payment methods (cards and bank transfers)

7BitCasino has partnered with over 50 providers to not only create a comprehensive menu of BTC games but also to ensure it remains fresh with new additions coming in monthly.

It is owned by Dama N.V., a massive online gambling conglomerate that owns and operates more than sixty online casinos. 7BitCasino was founded in 2014 and is licensed in Curacao alongside its sister companies KatsuBet and Mirax.

One of the things we liked the most about 7BitCasino is that it supports virtually all deposit methods and was among the first to accept withdrawals and deposits via crypto. In fact, Bitcoin wallet transfers are typically finished in under one hour while card and bank transfers can take up to a whole business week.

The welcome bonus is fixed at 5 BTC, but you’ll also get to enjoy exclusive offers each week. From free spins each Monday to reloads and lucrative cashback prizes, 7BitCasino will reward you for coming back, but you’ll need to reach a minimum threshold before you can reap these benefits (0.0042 BTC, more specifically speaking).

It would still be one of the best crypto gambling sites even if there were no bonuses or flexible payment methods. With thousands of games and free BTC rolling into your wallet once a week, 7BitCasino is certainly hard to resist.

3. CloudBet: Best Bitcoin Betting Site

CloudBet is a trustworthy cryptocurrency gambling site that is just a year older than 7BitCasino. Yet, it’s garnered even more popularity by creating an all-in-one online gambling platform.

It covers sports, slots, and e-sports gambling, offering dozens of slots, card games, traditional & modern gambling games, as well as an online sportsbook and e-sports gambling opportunities.

Pros:

  • The ultimate crypto sportsbook around

  • Great bonuses, especially for members of the VIP club

  • Regular tournaments and special limited-time offers

  • Supports over 20 sports

  • Live tracker and last-minute betting

Cons:

  • Inaccessible in the US, UK, Hong Kong, Italy, Northern Ireland, and Singapore

  • Only supports cryptocurrency transfers

  • Withdrawal limits

While it’s a good online slot site, it’s unbeatable when it comes to sports betting. You can wager your BTC on thousands of sports events, including baseball, MMA, tennis, basketball, soccer, American football, badminton, and boxing, as well as darts, handball, and more.

A live sports tracker is embedded on a special page, showing you the results and rates on both current and matches scheduled to kick off in the next 10-15 minutes, enabling you to make that last-second bet that could change your financial situation forever.

The scores of the most-followed matches across popular championships are pinned on the site as well, providing you with the information you might need to make future betting decisions.

Aside from BTC, CloudBet also accepts a broad spectrum of other cryptocurrencies, including Bitcoin Cash, Ethereum, PAX, LINK, DASH, DOGE, USDC, and many more.

Newcomers can expect up to a 5 BTC welcome bonus and later enjoy various others, such as reloads, free spins, and limited-time offers.

Even though we've reviewed the top Bitcoin gambling sites in 2022, some people may not like the fact that CloudBet does not support ‘any’ fiat currency deposits. It’s also not available in the United Kingdom, USA, Northern Ireland, Hong Kong, Singapore, and Italy unless you’re using a VPN.

4. mBitCasino: Best Deposit Bonuses

You may think that a crypto casino that offers a single BTC as its welcome bonus may be nothing compared to the ones we’ve listed above. That would be a wrong assumption, as mBitCasino offers the best bonuses around, which get progressively better and better the more you play.

The second deposit bonus can net you up to 100% reloads and free spins; the third up to 125% while the biggest rewards lie in its loyalty program.

Pros:

  • Supports BTC, ETH, and several fiat currencies

  • Excellent support for mobile devices

  • The best bonuses among all crypto betting websites

  • Simple account setup and quick transactions

Cons:

  • Not available in certain French countries

  • Longer waiting time for withdrawals over 3 BTC

As quoted by its terms & conditions “Each user is signed into the Loyalty Program by starting to play,” meaning that you don’t have to pay a dime to win daily cash backs, free spins upon level up, personalized bonuses each Monday & Friday, as well as various rewards based on performance in the acclaimed Bitty Quiz.

What separates this Bitcoin gambling site from contemporary alternatives is “seasonal” rewards. Every three months, a new season of the Loyalty Program begins, paving the way to new events and presenting special tokens you can use in slots or convert to crypto whenever you want.

We loved that mBitCasino included some of our favorite games, specifically the Magnum Opus, Big Wild Buffalo, and the Book of Hor. Its selection of games is staggering, comprising titles in categories including table games, blackjack, baccarat, slots, poker, and even dice.

You’ll have a hard time getting through if you plan on gambling from France, New Caledonia, French Polynesia, Guadeloupe, or French Guiana, but other than that, it’s the best Bitcoin gambling site if you’re searching for a casino that will keep rewarding you whenever you come back to play.

5. Bovada: Best Bitcoin Sportsbook

Bitcoin surfaced in 2009, and Bovada was one of the first to adopt it among gaming sites. Founded in 2011, Bovada remains a popular Bitcoin gambling site up until today.

Bovada obtained its software from Mohawk, Betsoft, MGG, RealTime Gaming, and Rival Gaming; it offers a decent selection of roulette, Hot Drop, table, blackjack, and slot games but is eclipsed by 7BitCasino and BitStarz in this department.

Pros:

  • One of the safest and most trustworthy Bitcoin gambling sites out there

  • A great selection of sports betting opportunities

  • Rapidly-growing selection of casino games

  • Supports fiat currencies

Cons:

  • Outdated user interface

  • Not accessible from the UK, Austria, Spain, Australia, Algeria, Niue, Italy, Switzerland, and several other countries

  • Up to 48-hour cashout waiting periods

With a long history, wide selection of games and fast payouts, it's one of the most trustworthy crypto-betting institutions in the market.

What makes Bovada special is its online crypto sportsbook. You can bet on basketball, football, tennis, hockey, soccer, tennis, and a variety of other sports on their site. Even though its UI could use a bit of polishing, it contains all the info you need to make an educated betting decision – from embedded trending events to live updates on rates and odds.

Bovada is still updating its website with new betting opportunities; it introduced horse betting relatively recently and its live dealers are becoming more and more popular. Although this website is a bit ‘clunky’ in terms of accessibility, it’s definitely a legit and safe crypto gambling platform.

How We Ranked the Best Bitcoin Casino Sites

Online casinos have been around for decades while Bitcoin casino sites are barely 12-13 years old at best. Even so, online reputation was one of the first things we looked into when reviewing the best Bitcoin gambling sites.

Scam websites are more cautious today than they were before crypto came out; many casinos purchase reviews and even go the extra mile to forge fake testimonials and reviews, some of which are difficult to discern from legitimate ones.

That’s why we didn’t base our decisions on reviews available on the websites; instead, we went on Casino Rankings, TrustPilot, and several other reputable reviewing platforms to cross-compare the consistency of ratings. All 5 sites included in this review have at least 4.4 of 5 ratings and do not appear to have purchased any of their testimonials.

Fair-play policies are equally important as website authority. Dozens of crypto-accepting casinos offer fake bonuses which, once accepted, lock the player into a special contract, preventing them from gambling above a certain limit, or forcing them to make a set amount of payments weekly/monthly, or else all money obtained from bonuses is lost.

Deposit & withdrawal times are also on the list. When it comes to fiat currencies, processing transactions usually takes between 2-4 business days on average. With crypto and eWallets, this is measured in hours, which leads us to the second point – transaction and data security.

The type of encryption casinos use to protect their transactions can be the difference between money being transferred to your account and outright theft. Modern computers can brute-force their way into poorly encrypted transactions faster than they could be processed.

Finally, we also paid attention to how diverse the catalog of games is. Some sites we reviewed offered thousands of cool games from the most popular software providers while others featured sophisticated sportsbook crypto betting opportunities, as well as e-sports betting in BTC.

Things to Look For in a Trustworthy Bitcoin Gambling Site

Level of Crypto Adoption

The first thing to look out for is the level of crypto adoption. Not all casino sites will have the same level of adoption and some could be traditional sites that offer a limited Bitcoin adoption. Ideally, you will be looking for a crypto site that supports withdrawals and deposits in a number of cryptocurrencies. This increases flexibility and gives you more options with the cryptos available.

Bonuses & Promotions for New Users

Another aspect to look out for is the type of bonuses and promotions on offer for new users. The best casinos will entice new players with generous offers, and also reward loyal players with regular promotions.

The first type of bonus is known as a ‘welcome bonus’ and it is available to all players when signing up. However, you should check the specific wagering requirements to understand how much you will need to bet before claiming the reward.

Be sure to also check the validity period of bonuses, as some may have an expiry date. You should also check whether there are any game restrictions on bonuses.

Another popular bonus to look out for is the ‘no deposit bonus’. These bonuses give you a test of the casino without needing to deposit any funds. It could come in the form of free spins or credit added to your account.

The ‘free spins bonus’ is also available standalone and it gives users the chance to try out crypto games without using their funds. You should choose a casino that offers free spins regularly rather than just on sign-up.

Game Quality & Diversity

A key aspect of any gambling website is the quality game and the number of games on offer. The graphics and entertainment are key components to the overall experience, and therefore you should choose a crypto site that has games from the best developers and a good variety.

Preferences can differ, and therefore you should check your favorite types of games are available. Remember that quantity is not the only factor to check. You can judge the quality by seeing which specific developers are involved and the amount of different games on offer.

Additionally, you will want to check how new the games are, as the best crypto gambling operators will continually update their lineup. Finally, you want to ensure that the games are playable and the variety of options keep you coming back for more!

Table & Live Casino Games

The best crypto casinos will also offer table and live casino games. These live dealer games provide an immersive experience that is streamed.

You will feel like you are at a real casino, but instead of fiat money, you have the flexibility of gambling with crypto. Examples of table games include poker, blackjack, and craps.

The Most Popular Casino Games

Older casinos established in 2009 or earlier did not need to make too many adjustments to their repertoire when Bitcoin came out. The usual slots, poker, and dice games ran as usual, with the main difference being that you could now deposit money and withdraw your winnings in BTC.

Among those ‘traditional’ casino games, some of the most popular ones are the Big Wild Buffalo, the Book of Ra (Hor, Thoth, or similar deities, depending on the software developer), Lucky Lady, and a range of Lucky 777 variations.

As crypto became more popular, many online gambling sites that only worked with cryptocurrencies were founded. To target crypto enthusiasts and collectors, they made crypto-themed games, events, and even introduced special ‘tokens’, similar to today’s NFTs, which could be used in-game to reap certain benefits, such as leveling up, boosting a roll, or receiving free spins.

mBitCasino’s Bitty Quiz comes to mind. It’s a seasonal event designed for VIP members, which earns Bitty tokens to players that guess the correct answers. Seasonal events usually last 3-4 months, during which players earn levels by gambling (the higher the wager, the higher the experience points). Bitty tokens can be used to increase experience gains, for example.

Many new crypto casinos realized that slot machines are ideal for veteran gamblers, so they focused their attention on obtaining games such as Cash Splash, Major Millions, and Reel King. They are easy to play and feature simple graphics, so bettors wouldn’t feel too different wagering BTC from fiat currencies (as opposed to flashy graphics in the latest crypto-exclusive games).

Best BTC Casinos: Frequently Asked Questions

Why Is Crypto Gambling Better Than Regular Online Casinos?

Crypto casinos offer more privacy, security, and outperform traditional ones in terms of withdrawal speed.

  • Privacy

Traditional slots websites will usually ask for personal information to be filled with and you will usually need to supply bank information or credit/debit card details.

Many people are not comfortable with seeing these transactions appear in their statements, and with the company storing their details. With Bitcoin gambling sites, users have a higher level of anonymity as they will provide fewer details. Crypto transactions are more anonymous than traditional methods which are linked to a name.

Bitcoin transactions are absolutely anonymous, since creating your wallet is as easy as a pie, and it doesn’t require providing any documents on personal information about yourself. You just have to choose the type of wallet that is more convenient to you and voila, you have your own Bitcoin address that you can use.

Everyone can see the transactions on the Bitcoin network. While any person can see any transaction and view what’s in someone’s wallet, the financial operations within the blockchain can be identified only by the Bitcoin address.

No names. No personal data. Absolutely anonymous. It means that no one will ever find out about your gambling experience.

  • Security

Blockchain is secure by definition, because it’s too complex and nearly impossible to manipulate or hack into. Every single transaction is being verified by millions of miners, so the blockchain builds security by consensus. Since crypto casinos store their money in BTC and other crypto, hacking into their wallets is almost impossible.

  • Deposit & Withdrawal Speed

Another key benefit is the speed of transactions. With traditional slots websites, you will often be waiting days for a withdrawal to come through. Crypto casinos make this process a lot faster since the transactions can be processed quickly.

They don’t require bank or credit/debit card transactions and are instead validated through the Blockchain. This means you get access to your winnings much sooner than with a traditional slots site.

With Bitcoin gambling, you can forget about stressing on funds. Crypto transactions are designed to be sleek, efficient and effective, and it is one of the major reasons why players are moving to these slots from traditional websites.

Blockchain transactions are much faster than the traditional ones, because they don’t undergo any fraud checks by the banks. If you want to make a casino deposit with fiat money, it can take days to arrive, and sometimes bank-to-bank transactions can take weeks to be processed.

Blockchain transactions, on the other hand, usually arrive in seconds or minutes, so Bitcoin deposits are much more swift than those in the USD.

  • Provably Fair Games

One of the key aspects of any popular crypto gambling site is its provably fair mechanism. The encryption on these websites ensures that the house can never cheat you, and that you will always have a fair game.

Some traditional websites cannot provide this assurance and therefore there is always the chance of the games being rigged against you. With a provably fair system in place, you will know that there is no chance of being cheated of your funds. This ressaurance can make the gambling experience more fun and engaging.

Are Bitcoin Casinos Trustworthy?

Most Bitcoin gambling sites aren't trustworthy, even the ones with seemingly high user ratings. As we mentioned, reviews and testimonials can be purchased at relatively cheap prices while negative reviews can be moderated or deleted.

The five crypto gambling platforms we’ve reviewed have been around for nearly a decade; it is borderline impossible to maintain such a high positive rating for such a long time if you’re not legit. We warmly recommend thoroughly researching any Bitcoin casino before you make your first deposit.

Why Should I Bet With Cryptocurrency?

Cryptocurrencies rapidly fluctuate hourly. A single BTC at the time of writing is $20,880; a week ago, it was $19,230 (sourced from CoinMarketCap). If you had a single Bitcoin in 2021, you could sell it for $62,000.

Many Bitcoin casinos prescribe the minimum betting requirement in a fraction of a single BTC (or the equivalent of roughly $150-200) while enabling you to receive bonuses that could double your entry ‘fee’.

If you are both smart and lucky, you could wager small amounts of BTC and leverage free spins, reloads, gratis games, and various bonuses to reach one, two, or possibly more Bitcoin.

Betting with Bitcoin is similar to betting ‘on’ Bitcoin. Instead of waiting for it to plunge or rise, you can take a more active approach and build up your reserves so that you can cash out when it’s more profitable to do so.

Is Bitcoin Gambling Legal?

As we mentioned earlier, we only included the casinos that are already licensed and accepted by countries that have either regulated or begun regulating Bitcoin payments in casinos. Technically speaking, you won’t get in trouble with the casino or the country you are betting in.

However, several countries have issued bans on Bitcoin, rendering it restricted and/or illegal. Some of these countries are Algeria, Bangladesh, Bolivia, China, Colombia, Egypt, Indonesia, Ghana, and more.

You could get in trouble if you obtained Bitcoin illegally, then ‘legally’ gambled in online casinos, and then transferred your winnings (in BTC) back to your account.

Are There Any Downsides to Betting Online?

If you researched the casino well, there are no downsides to betting online. Make sure to read all segments of terms, conditions, and policies to avoid getting locked into unfavorable arrangements, but other than that, betting in reputable Bitcoin casinos is safe.

How Can I Determine the Best Bitcoin Casino for Me?

You can choose the best Bitcoin casino by conducting research and seeing which features are available. It is important to see reviews, the specific bonuses on offer, and how quickly they handle deposits and withdrawals.

You should also see how many games are on offer, and whether they are the ones that you would typically play.

Overall, you should now have a clearer idea on how to select the best Bitcoin casino to suit your requirements. There are new crypto slots opening everyday, and therefore it is vital to follow this guide to ensure you have the best online crypto gambling experience.

Some players value pure profit while others gamble for fun. Most gamblers love bonuses, and virtually all online casinos offer different benefits (and terms to unlock them).

For gamblers that want to explore as many crypto casino games as possible, we recommend 7BitCasino. If you’re into sports, CloudBet is ideal for you. mBitCasino offers the best bonuses while Bovada is among the oldest casino brands and is among the most trustworthy sites.

Conclusion

I’d like to emphasize our objectivity while creating this review of the top five Bitcoin gambling sites. Each of these casinos has a couple of flaws, but despite their imperfections, they are leagues ahead of contemporary BTC gambling venues.

They boast a great online reputation, feature a section dedicated to provably fair games, and offer excellent deposit bonuses and payout times.

Some sites mentioned in this article may not be available in your location. Gambling is strictly 18+, it can be addictive. If you have a gambling addiction, please call the National Gambling Helpline Network at 1-800-522-4700 to get the help you need.

Contact Details

Nathan Dunn

nathan@cryptothinkers.co

View source version on newsdirect.com: https://newsdirect.com/news/5-best-bitcoin-gambling-sites-for-crypto-betting-in-2022-938862445

YOU MAY ALSO LIKE

American Outdoor Brands to Presentat SHARE Series…

--News Direct--It feels like yesterday that online casinos began accepting crypto deposits. Yet, it happened more than a decade ago, and now cryptocurrency has all…

read more

Bitget Lists Ontology Gas (ONG) with Stake-to-Mine…

--News Direct--It feels like yesterday that online casinos began accepting crypto deposits. Yet, it happened more than a decade ago, and now cryptocurrency has all…

read more

Bitget Pre-Market Trading Lists RENZO (REZ) the…

--News Direct--It feels like yesterday that online casinos began accepting crypto deposits. Yet, it happened more than a decade ago, and now cryptocurrency has all…

read more