At the beginning of the 2000s, the world was in awe about online casinos. After that, natural progression gave way to mobile casinos. Players wanted a way to play games on the go. As the industry developed, it added new special features and ways to improve the overall user experience. The latest such innovation are Bitcoin casinos, gaming sites where you can spend your hard-mined Bitcoins.
Not long ago, Bitcoin casinos in the UK were few and far between. Things have changed recently. The industry is starting to accept the benefits of cryptocurrencies. In the past, the term crypto casino might have been associated with scams. Now, players are genuinely interested in these gaming sites for a reason.
In the wake of the coronavirus pandemic, governments have started re-evaluating their stance on cryptocurrencies such as Bitcoin. While fiat money is not going away anytime soon, cryptocurrencies are gaining fans quickly. The Bitcoin casino industry is growing right before our eyes with new games specifically adapted to these decentralized currencies.
Bitcoin casinos in the US and the UK are not just interesting for cryptocurrency fans. As a matter of fact, the general population finds them interesting too. You can buy cryptos easily nowadays and use them at an online Bitcoin casino to play games with ease. At the same time, you also get the possibility to earn exclusive crypto bonuses that will boost your bankroll pretty nicely.
Why Play at a Bitcoin Casino?
No Bitcoin or crypto casino is truly different from online casinos. The major difference is that they both accept cryptocurrencies as a form of payment. This is great news for the blockchain – the more people use cryptocurrencies online, the better.
One of the main reasons why Bitcoin casinos in the UK are interesting for players is the fact that transactions are completely anonymous. The blockchain is a safe and secure publicly distributed ledger of transactions. It records all transactions but without sharing your personal details.
While that might seem like illegal to some players, mougle.com is here to assure you that a Bitcoin casino is completely legal. You can buy cryptos for cash legally online and use them at a crypto casino.
Read any Bitcoin casino reviews and you will see that they are regulated by prominent online gambling authorities. This gives them a seal of authenticity and makes Bitcoin casinos in the UK and the US as legal as any other casino. While Bitcoin and cryptocurrencies are still limited by regulations, you won’t have trouble using them at a Bitcoin casino that’s licensed and registered.
Bitcoin casinos are fun and give you a chance to earn extra cash while playing your favourite slots and casino games. You can also play a variety of BTC exclusives designed specifically to be played with the cryptocurrency. If you want to see how far the online gaming industry has come, you should definitely head for a Bitcoin casino.
Are These Casinos BTC-Exclusive?
No, of course they’re not. While the term Bitcoin casinos usually implies a Bitcoin-exclusive gaming site, in most cases, they offer all types of cryptocurrencies. These include a variety of the most widely-accepted cryptos you can see below.
Ethereum: the largest cryptocurrency platform behind Bitcoin, Ethereum, was created in 2015. While not anywhere near the price of Bitcoin, Ethereum is backed by giant software providers and reputable companies which are driving its success forward. Ether has exploded in popularity recently and is one of the most common cryptos you can find in a crypto casino.
Bitcoin: the largest cryptocurrency of them all can truly be called the king. Bitcoin set the world ablaze since it first appeared in 2009 and is the most commonly used cryptocurrency in online casinos. It has a pretty high rate right now and due to its widespread availability, it is a hit for casino players.
Litecoin: another cryptocurrency you can find in a Bitcoin casino, Litecoin is a so-called altcoin nearly identical to Bitcoin. Its peer-to-peer and open-source nature makes it a favourite of many players at crypto casinos.
Bitcoin Cash: a fork of Bitcoin itself, Bitcoin Cash was created in 2017. Known as Bcash, it is one of the cryptos most commonly found in online Bitcoin casinos.
Dogecoin: created in 2013, Dogecoin became very popular after using the likeness of the Shiba Inu dog that became part of Internet meme lore. First introduced as a joke currency, Dogecoin eventually developed into a massively popular crypto with a large market share.
No matter which cryptocurrency you prefer, you should make sure that the crypto casino you’re registering at accepts it. Besides cryptocurrencies, a Bitcoin casino also offers a variety of regular payment methods including fiat currencies so you have plenty of options to choose from.
What Types of Games Can I Play with Bitcoin?
In terms of game selection, there’s no difference at all between online casinos and Bitcoin casinos. Everything remains the same which means you can play video slots, table and card games, and live dealer games. Of course, the actual selection will vary from one Bitcoin casino to another.
The great news is that Bitcoin games development is on the rise which means Bitcoin-exclusive slots and other types of casino games. These games are built with cryptocurrencies in mind and will be more suitable to play with cryptos.
Slots remain the most popular casino game type no matter the currency. They are fun, can be played for free, and offer a variety of special features and bonuses that can bring the big bucks. The variety of themes is amazing – from classic 3 reels to ancient Egyptian slots and sci-fi games, you will surely find a slot to enjoy at a Bitcoin casino.
While not as big as slots, Bitcoin table and card games are pretty popular as well. Playing a game of blackjack with Bitcoin or other cryptocurrencies is a reality right now and many players love it. Spinning the roulette wheel in an online Bitcoin casino in the UK is effortless and very fun since you can win BTC in return. You can also give baccarat a try or try dice games such as craps.
There’s another game type that offers even better thrills than casino classic: live dealer games. These unique games pair the atmosphere of a real casino with the advantages of online gaming sites. The result is a magnificent hybrid you must see to believe. Live dealer games are not available for free but you can play them for cryptos at a Bitcoin casino.
Can I Earn Any Bitcoin Bonuses?
Yes, you can. All the popular Bitcoin UK online casinos on mougle.com’s list offer one kind of BTC bonus or another. The majority will offer a welcome bonus which covers your first deposit partially or in full, but others may also give you free spins and a bunch of other Bitcoin bonuses you must not miss.
- Welcome bonus: as mentioned, a welcome offer at an online Bitcoin casino usually consists of a match deposit bonus with or without free spins. Most casinos will cover a player’s first deposit in full while others may spread the amount across several deposits.
- Deposit bonus: Bitcoin casinos offer a variety of deposit bonuses besides the welcome offer. They are usually given to loyal players well after they have made their first deposit.
- Bitcoin casino no deposit bonus: a no deposit bonus is a rare gem players love. While it isn’t available in all online casinos that accept Bitcoin, some have it on their list of promotions. As the name suggests, it is a bonus given to you without making a deposit which is what all players want to hear.
- Free spins: free spins may come as part of the welcome offer or on their own. Regardless of how you get them, they’re a great way to try out all the latest and greatest Bitcoin slots and games.
- Loyalty rewards: when you become a regular at a Bitcoin casino, you will most likely earn the chance to enter a VIP club. You can expect a bunch of custom-tailored rewards there including deposit and Bitcoin casino no deposit bonuses, free spins, and special perks such as a personal account manager. The best Bitcoin casinos online might even throw in special rewards like a Tesla car or a tropical getaway.
Read the Terms First!
Before claiming any bonus at a Bitcoin casino, mougle.com recommends to read the terms and conditions. Some casinos might have high and unrealistic wagering requirements, although the ones on our list keep them low. There might be some other specific things you need to learn before you’re able to claim your winnings obtained with the bonus.
In What Currency Are the Games Played?
That depends on the Bitcoin casino itself. Some casinos will allow you to hold your account in BTC and play games with it directly. Other gaming sites allow you to make deposits and withdrawals in Bitcoin or other cryptos but will keep your casino balance in USD. The USD rate is refreshed constantly in order not to influence the balance of BTC.
Of course, each Bitcoin or crypto casino decides on its own how to handle cryptocurrencies and fiat money. This information can be found at the website or using a casino’s customer support. Always read the terms and requirements or ask about this when playing at a crypto casino so you’re not surprised about eventual conversion fees.
Bitcoin Casinos Pros and Cons
The biggest advantage of Bitcoin casinos is the fact that there’s no third party involved in the transactions. This is beneficial both the gaming site and the player. You won’t be charged any extra fees associated with credit and debit cards.
In many countries, online gambling is still not legalized. This means that you can’t use legal payment methods to play online, leaving players to look for alternatives. Bitcoin and cryptos are the perfect replacements. They don’t require a bank account and you won’t need to link them with a credit or debit card. Plus, you don’t have to pay taxes on your Bitcoin winnings.
Fast deposits and withdrawals are another bullet on the pros list of a crypto casino. While e-wallets have fast withdrawal times, Bitcoin transactions are completed instantly.
On the other hand, there are a few cons about playing in a Bitcoin casino you need to be aware about. Casinos that accept Bitcoin don’t need a license to operate which opens the doors for scams. The majority of Bitcoin casinos in the UK and the USA are still new and that might be something players don’t like.
Bitcoin and cryptos are highly volatile so their exchange rate can quickly move up and down. To put it simply, they’re far more volatile than fiat currencies. If you can live without these cons, however, Bitcoin casinos online are a great pick.
Bitcoin/crypto casinos FAQ
While we can’t talk about the legality of all BTC casinos, the ones recommended by mougle.com are certainly legal. The sites on our list are licensed and regulated by the biggest governing bodies so you can rest assured that you’ll be playing at regulated casinos.
We leave that decision to you. Check out every gaming site on our list and read our Bitcoin casino reviews to see which one might work best for you.
Cryptocurrencies can be bought via electronic wallets. You can use credit/debit cards, bank transfer, or e-wallets to complete the transaction. Once you get your Bitcoins or altcoins, you need to store them in a digital or physical wallet before you use them.
Have you ever noticed the Provably Fair Gaming badge at Bitcoin casinos? It shows that a casino controls payouts transparently and ensures that no game results are manipulated in any way.