Bitcoin Casino Gambling – Top UK Sites & Offers
|Bitcoin Casino||Bonus||Advantages||Rating||Website Link||Terms|
|1. Ahti Games||50 Spins Welcome Offer||
4.91 ★ out of 5
|www.ahtigames.com||Full T&Cs apply. 18+ First Deposit Only. Min. deposit: £10. Game: Book of Dead, Spin Value: £0.50, Max Spins: 50. WR 60x free spin winnings amount (only Slots count) within 30 days. Max bet is 10% (min £0.10) of the free spin winnings amount or £5 (lowest amount applies). Free Spins must be used before deposited funds. First Deposit/Welcome Bonus can only be claimed once every 72 hours across all Casinos.|
|2. Yako Casino||£99||
4.87 ★ out of 5
|www.yakocasino.com||Full T&Cs apply. 18+. New customer only, min deposit £10 | wagering 40x bonus | max bet £5 with bonus funds | 100% up to £99 bonus + 99 free spins on 1st deposit. Eligibility is restricted for suspected abuse | No max cash out on deposit offers | Welcome bonus excluded for players depositing with Skrill or Neteller.|
|3. NetBet Casino||500 Free Spins On First Deposit||
4.87 ★ out of 5
|www.netbet.co.uk||Full T&Cs apply. 18+. *New players, £10+ deposit, no e-wallets/prepaid cards, 50x wagering on Vegas Free Spins, 40x wagering on Casino Free Spins.|
|4. Fun Casino||Up to £123 + Always 10% Cashback||
4.79 ★ out of 5
|www.funcasino.com||Full T&Cs apply. 18+. New players only - Maximum bonus is £123 - Max bet with bonus is £5 - No max cash out - Wagering is 50x - Skrill & Neteller excluded - Eligibility is restricted for suspected abuse - Cashback is cash, so no wagering - Cashback applies to deposit where no bonus is included.|
|5. Hyper Casino||£300 On First 2 Deposits||
4.75 ★ out of 5
|www.hypercasino.com||Full T&Cs apply. 18+ New players only, min deposit £10, wagering 45x bonus, max bet £5 with bonus funds. Live casino play excluded with bonus. 100% up to £100 bonus on 1st deposit. 50% up to £200 bonus on 2nd deposit. Welcome bonus excluded for players depositing with Skrill or Neteller. No max cash out on deposit offers. Eligibility is restricted for suspected abuse.|
|6. No Bonus Casino||10% Cashback No Wagering||
4.73 ★ out of 5
|www.nobonuscasino.com||Full T&Cs apply. 18+ LIFETIME OFFER ALL CUSTOMERS NO WAGERING NO MAX CASH-OUT GAMELAY REVIEW FOR STRATEGIC OR ABUSIVE PLAY|
Top Bitcoin Casino Sites for 2021
- 🏆 Ahti Games Casino ✪ 50 Spins ✪ The Best Bitcoin Casino Site in the UK
- 🥇 Yako ✪ 100% up to £99 ✪ Best for Game Variety
- 🥈 NetBet Casino ✪ 500 Free Spins ✪ Most Popular UK Online Bitcoin Casino
- 🥉 Fun Casino ✪ £123 + 10% Cashback ✪ Best Bonus Programme for UK Players
- 💰 Hyper Casino ✪ £300 ✪ The Best NetEnt Casino with Bitcoin
- ⭐ No Bonus Casino ✪ 10% Cashback ✪ The Best Mobile Online Casino
As always, we have checked and tested all of our recommended Bitcoin casino sites to make sure they are safe to play at. Each of our listed operators holds a valid licence by the United Kingdom Gambling Commission and an SSL certificate. We advise you, however, to always read the terms and conditions before signing up to any operator. Need more gambling options? Why not consult our list of the top UK casino sites for 2021.
How to Deposit Using Bitcoin
Once you have chosen a safe and licenced Bitcoin casino, you can proceed with the making of your first deposit. We are glad to let you know that you have got nothing to worry about as the process is relatively easy. Still, we must advise you to familiarise yourself with the operator’s terms and conditions. Meanwhile, in order to make a Bitcoin deposit, all you must do is open an account at your chosen gambling site, wait for its verification and follow the steps below:
- 1. Open a Bitcoin account and choose your e-wallet
- 2. Buy Bitcoins. You can use various payment methods for the purpose.
- 3. Sign up to your chosen Bitcoin gambling UK site.
- 4. Go to the deposit section.
- 5. Select Bitcoin as a deposit method.
- 6. Enter deposit amount.
- 7. Follow the instructions.
- 8. Your deposit would normally reach your account instantly.
As we have explained, it is easy to deposit through Bitcoin, and most online casinos provide a secure and simplified payment process. Yet, we must remind you that the cryptocurrency is one of the safest payment methods as it offers high security and anonymity. All Bitcoin casino deposits would usually reach your account instantly, although it occasionally might take up to 30 minutes. Shall you experience any complications, please contact your chosen casino’s customer support team.
How to Pick a Good Bitcoin Casino
Even though there are plenty of online casinos that accept Bitcoin, not all of them are safe. You must always make sure that your chosen Bitcoin gambling sites are secure and offer you the best playing conditions. For that purpose, you must always check whether your chosen operator has a valid UKGC licence and an SSL certificate. Alternatively, you can select one of the Bitcoin casino sites that we have listed above, or learn more about the following:
Please remember that all reputable Bitcoin sites would also offer sufficient games for you to choose from. If your chosen site is legit, its games would most likely be regularly tested by independent agencies such as eCogra and GLI. Additionally, we strongly advise you to check whether your chosen Bitcoin casino offers convenient bonuses. Remember always to read the respective terms and conditions thoroughly and never to claim more than you can afford to wager.
Bitcoin Gambling Safety – How to Avoid Scams?
As we have already mentioned, safety should be your top priority when choosing a Bitcoin casino. You should never let flashy signs or unrealistically generous bonus offers to fool you, as they might often be signs that not everything is as good as it seems. Thus, you should instead check whether your chosen Bitcoin gambling site has a valid licence by an official institution such as the UKGC. Additionally, you should always make sure that all games have gone through RNG testing for fairness by independent agencies such as eCogra. You should also, of course, check whether the operator supports the responsible gambling and what institutions it works with. Remember that all respectable operators would maintain a successful collaboration with various independent organisations that address and help prevent gambling problems.
Official Licence by a Respectable International Authority
All secure Bitcoin casino sites must hold valid licences from respectable authorities. For example, the United Kingdom Gambling Commission is the official institution responsible for licencing and regulating all gambling sites. Thus, for your own safety, you must always check whether its logo is featured on your chosen operator’s homepage. Meanwhile, other authorities that you may also encounter are the MGA and the Curacao Gaming Control Board. Remember, however, that although highly respected, they have no legal power over the British gambling market. Therefore, we advise you to avoid making deposits at online casinos that are not licenced by the UKGC.
Responsible Gambling Partnerships
Most safe and licenced Bitcoin gambling UK operators would partner with official responsible gambling organisations. If you ever feel like you need to control your gambling habits, you can also take advantage of the self-exclusion option, available at most online casinos. Meanwhile, you should always look for the presence of one or more of the following associations:
Alternatively, most licenced BTC casino sites would typically offer the option of self-exclusion, which allow players to exclude themselves from betting with the operator for a certain amount of time. Additionally, most players are also given the option to set deposits and loss limits that could help them control their gambling habits easier.
Audits by Independent Testing Agencies
To make sure that all of their offered games are safe, all licenced Bitcoin casino UK operators must go through regular audits conducted by independent agencies. Most gambling sites that go through such processes would normally publish the results on their homepage. The testing would usually be conducted by eCogra or GLI. The presence of their logos on any Bitcoin casino site serves as a guarantee that all available games are fair and safe to play.
Wondering what games you can play at the BTC casino sites? Luckily, you will have the option to choose among a great game variety including video slots, jackpots, roulette, blackjack, video poker and much more! Eager to explore some of your options? For your convenience, we have listed some of the most popular Bitcoin games and their respective RTP rates.
- Starburst – 96.01%
- Vikings Go Berzek – 96.10%
- Masquerade – 95.20%
- Who Wants to Be a Millionaire – 96.24%
- Mega Moolah – 88.12%
- European Roulette Pro – 97.30%
- European Blackjack Turbo – 99.39%
- Jacks or Better – 99.54%
- 2 Ways Royal – 99.80%
- Aces and Faces – 99.26%
Generally speaking, the higher the RTP is, the lower the house edge would be. Thus, as a player, you should always seek games with high RTP as they would increase your chances of winning significantly. Remember, however, that you can never eliminate the house edge completely and that losing is an inevitable part of each game. Meanwhile, if you need more options, we recommend you to check out our list of the 50 best Bitcoin games. We must remind you, however, that not all games would be available at our recommended Bitcoin casinos.
Bitcoin Slots – Best Sites and Top RTP
Slots are among players’ favourite casino games for a reason. Besides their multiple generous rewards, they also offer entertaining themes, easy rules and exceptional graphics. Luckily, the Bitcoin gambling sites offer hundreds of video slots, including some of the most popular titles such as Starburst and Gonzo’s Quest. Regardless of your choice, however, you must always track your chosen slots’ house edge and RTP to make sure you would have a realist chance of winning. For your convenience, we have researched and listed some of the games you can play with Bitcoin in the United Kingdom.
|Bitcoin Slot||RTP||Variance||Min. Bet||Available At:|
|Bonanza||96.51%||High||£0.20||No Bonus Casino|
|Dead or Alive II||96.82%||High||£0.09||Yako Casino|
Needless to say, we have only listed the most popular Bitcoin slots as the full list is much longer. As we have already mentioned, slots have many advantages, and in most cases, they have a 100% contribution towards the bonus wagering requirements. Thus, if you are planning to claim an offer, you may wish to consider spending all your bonus money on slots games only. Need more information about the available promotions? Take a look at our bonus section and remember always to read thoroughly the terms and conditions before claiming any offers.
Bitcoin Roulette Sites
BitCoin would not deprive you of any of your favourite casino games, including roulette. Most Bitcoin casino operators in the UK offer rich selections of high-quality RNG and live dealer roulette games, suitable for beginner and expert players. Most games also come with free demos or previews that we strongnly advise you to take advantage of. Ready to start playing? Check out our top roulette site and remember to claim your corresponding bonus:
- Generous Bonus
- Plenty of Games
Apart from a generous bonus, our recommended Bitcoin casino offers plenty of high-quality roulette games. Some of our favourite games that you will undoubtedly enjoy playing are Lightning Roulette, Immersive Roulette, European Roulette, French Roulette and American Roulette. Most games are also mobile-friendly and can be accessed through iOS and real gambling apps for Android, so you will be able to enjoy whenever you are. We must note, however, that roulette games rarely offer a full contribution towards the bonus wagering requirements, which is why you should always read the promotional terms and conditions.
Playing Blackjack with Bitcoin
Is blackjack your favourite casino game? We are not surprised as besides an exceptionally high RTP, the blackjack games also come with easy rules and plenty of entertainment. Most of our recommended Bitcoin gambling sites offer high-quality RNG and live dealer blackjack games that you will be able to choose among. For your convenience, however, we have selected our top blackjack site that supports Bitcoin:
- Easy Navigation
- Many Games
- Excellent Live Platform
Wondering which game to choose? As we have already mentioned, you will have plenty of options to choose from. Still, we recommend you to try some of the most popular blackjack live dealer games such as Blackjack Silver, Blackjack Classic, Blackjack Party, Fun Blackjack and many others. Meanwhile, if you prefer the classic RNG games, you may enjoy titles such as Blackjack VIP, Blackjack Atlantic City and Blackjack Multihand among others.
Bitcoin Live Casinos
Most online casinos nowadays come with exceptional live dealer platforms. Generally speaking, as long as your chosen operator accepts Bitcoin deposits, you should have no issues accessing its live platform. Wondering which is the most convenient live Bitcoin casino for you? We have checked the platforms of all our top Bitcoin online casinos to come up with the best option for you:
- Double Live Platform
- HD Video Quality
- Many Live Games
Our recommended operator offers high-quality Evolution Gaming live dealer software. Thus, all available games are streamed live from a studio or a live-based casino and hosted by friendly, professional dealers. Normally, all games are streamed in HD quality, which can be adjusted according to your internet connection. Remember that some live dealer games are available during certain hours only. For more recommended operators, check out our guide to the best live casinos in the UK.
Bitcoin Bonuses – Top Picks for UK Players
Generally speaking, most new players have the chance to benefit from welcome bonuses. Yet, we must note that not all Bitcoin casinos offer such or allow you to claim their welcome promotion if you have made your deposit using the cryptocurrency. To avoid any misunderstandings, we have run a thorough check of the procedures of all of our recommended BTC casino sites. As we have noted in the table below, all welcome bonuses come with certain wagering conditions that you will be required to fulfil within a set time frame. To make sure you would be able to do so, please read your chosen operator’s promotional terms and conditions. Please note that most casino sites would list their offers in an official currency rather than in Bitcoins. The equivalent Bitcoins are usually calculated automatically according to the current exchange rate.
|Bitcoin Sites||Welcome Offer||Claim with BTC||Wagering||Validity||Terms and Conditions|
|Ahti Games||Up to 50 Super Spins||Yes||60x||30 Days||Full T&Cs apply. 18+ First Deposit Only. Min. deposit: £10. Game: Book of Dead, Spin Value: £0.50, Max Spins: 50. WR 60x free spin winnings amount (only Slots count) within 30 days. Max bet is 10% (min £0.10) of the free spin winnings amount or £5 (lowest amount applies). Free Spins must be used before deposited funds. First Deposit/Welcome Bonus can only be claimed once every 72 hours across all Casinos.|
|Yako Casino||100% up to £99||Yes||40x||30 Days||Full T&Cs apply. 18+. New customer only, min deposit £10 | wagering 40x bonus | max bet £5 with bonus funds | 100% up to £99 bonus + 99 free spins on 1st deposit. Eligibility is restricted for suspected abuse | No max cash out on deposit offers | Welcome bonus excluded for players depositing with Skrill or Neteller.|
|NetBet||Up to 500 Free Spins||Yes||40x||7 Days||Full T&Cs apply. 18+. *New players, £10+ deposit, no e-wallets/prepaid cards, 50x wagering on Vegas Free Spins, 40x wagering on Casino Free Spins.|
|Fun Casino||Up to Up to £123+ Always 10% Cashback||Yes||50x||30 Days||Full T&Cs apply. 18+. New players only - Maximum bonus is £123 - Max bet with bonus is £5 - No max cash out - Wagering is 50x - Skrill & Neteller excluded - Eligibility is restricted for suspected abuse - Cashback is cash, so no wagering - Cashback applies to deposit where no bonus is included.|
|Hyper Casino||£300 On First Two Deposits||Yes||45x||30 Days||Full T&Cs apply. 18+ New players only, min deposit £10, wagering 45x bonus, max bet £5 with bonus funds. Live casino play excluded with bonus. 100% up to £100 bonus on 1st deposit. 50% up to £200 bonus on 2nd deposit. Welcome bonus excluded for players depositing with Skrill or Neteller. No max cash out on deposit offers. Eligibility is restricted for suspected abuse.|
|No Bonus Casino||Always 10% Cashback No Strings Attached||Yes||N/A||10 Days||Full T&Cs apply. 18+ LIFETIME OFFER ALL CUSTOMERS NO WAGERING NO MAX CASH-OUT GAMELAY REVIEW FOR STRATEGIC OR ABUSIVE PLAY|
Please bear in mind that each of the welcome bonuses that are shown above might change in the future, yet we promise to keep you updated. Meanwhile, as Bitcoin is getting more popular and recognised, we expect more brand new casino sites and established operators to start accepting it in the near future. Still, we remind you always to check whether your chosen operator holds the necessary licences and certificates prior to signing up for it.
Deposit Limits and Timeframes
If you are unused to them, payments with Bitcoin can be a bit complex to handle, at least at first. However, all you must do is follow the same procedures as with all other casino payment methods. You can find more information about it on our real money page. We must remind you, however, that each casino site has a different policy. Thus, you should always read it together with the terms and conditions before making a deposit.
|Bitcoin Casino||BTC Deposit Limits||BTC Withdrawal Limits*||BTC Deposit Times||BTC Withdrawal Times|
|Yako Casino||£10||Unlimited||Immediate||24 Hours|
|NetBet||£10||Unlimited||Immediate||2 – 3 Days|
|Fun Casino||£10||Unlimited||Immediate||24 Hours|
|Hyper Casino||£10||Unlimited||Immediate||24 Hours|
|No Bonus Casino||£10||Unlimited||Immediate||3 – 5 Days|
*Limits may be applied by the payments processor.
Similar to deposits, Bitcoin withdrawals are rather easy to handle, yet there are certain details that you must be aware of when withdrawing from some of the best real money online casinos in the UK for 2021. To begin with, unless your chosen operator accepts Bitcoin payments only, all deposited funds through the cryptocurrency will most likely be turned into real cash. Thus, theoretically, you will be given the chance to withdraw your winnings via other means, although this is rarely the case.
If you choose to cash out your winnings via Bitcoin, please bear in mind that you may have to use the same e-wallet you have used for your deposit. Still, some operators allow a certain flexibility in this regard, and exceptions could be made. As in most cases, the process is handled in a unique way by each Bitcoin casino, shall you have any doubts or questions, we advise you to contact the respective customer support team.
As we have established, more reputable casinos continue to accept Bitcoin as a payment method but how to know which operator is the best for you? In a nutshell, most experienced casino players are usually looking for specific software. When it comes to Bitcoin casino sites that accept UK players, few reputable names emerge. Our most recommended casino software brands that accept Bitcoin are Playtech, Microgaming and NetEnt. As most of our recommended operators are supported by the latter two, we will discuss them thoroughly in the following paragraphs. Please note, however, that in certain cases, some games may not be available to play with a Bitcoin deposit. If you are looking for a particular live dealer table, please turn to your chosen casino’s customer support team for further assistance.
Microgaming Bitcoin Casinos
Microgaming is one of the most recognisable software and casino game developers. The studio is well-known for its rich portfolio of classic online casino games and unique progressive jackpot slots. As a software developer, Microgaming is often preferred by some of the most reputable casino sites in the United Kingdom. The Bitcoin operators, make no exception, and you can find our top Microgaming Bitcoin casino listed below:
As we have already mentioned, Microgaming is a popular operator, and you should not be surprised to see more of their games available at the Bitcoin casino sites. Luckily for you, most Microgaming games are also mobile-friendly, so you should be able to enjoy them whenever you are. Eager to learn more about the studio? You can find more details about it on our Microgaming software page.
NetEnt Casinos with Bitcoin
Many new and established casino sites choose NetEnt as their main software provider. The studio stands out with its innovative approach and unique designs. Cherished for its modern games, NetEnt keeps launching high-quality slots and table games with exquisite animations and entertaining themes. Thus, it comes as no surprise that many of the renowned Bitcoin casino sites collaborate with NetEnt to deliver an outstanding product. Ready to start playing? Why not sign up to our top NetEnt casino with Bitcoin:
Due to its innovative approach, the NetEnt software is often preferred by the new Bitcoin casino sites. On them, you will be able to play your favourite NetEnt games even on the go. We remind you, however, to always read the terms and conditions before making your first deposit at any online casino. Shall you ever need personalised technical assistance with your chosen NetEnt games, please turn to your selected operator’s customer support team. Feel free to take a look at the providers offered in the new gambling websites in which you can bet.
Have any questions or doubts? All of our UK casino sites with Bitcoin offer customer support that can normally help you resolve your doubts. While it is important that the service is available 24/7, we must note that some operators offer assistance during certain hours only. If a casino site is available in the United Kingdom, all customer support agents should speak English. Meanwhile, if you need assistance in a foreign language, please check your chosen online casino’s home page to find out its availability. The staff is usually polite and qualified to handle technical and financial issues. Thus, we can assume that they should be able to assist you with Bitcoin questions, although this may not always be the case. You should normally be able to contact customer support via live chat or phone, yet for more complicated questions, you may have to send an e-mail. Please bear in mind, however, that most online casinos would send a response within 2 to 5 days.
Bitcoin Gambling – More Markets and Products
As the gambling market continues to expand, it comes as no surprise that online casinos are not the only products that accept Bitcoin payments. If you are a fan of games of skill and chance, you will find plenty of options to gamble with Bitcoin. Yet, we remind you always to read each operator’s terms and conditions. Ready to start playing? Please stay with us and explore the following paragraphs to uncover the top Bitcoin gambling products in the UK.
Do you like sports or political betting? We are glad to let you know that many Bitcoin sites offer an online sports betting platform. Thus, you will be able to bet on your favourite football, horse racing and esports while making safe and anonymous payments with BTC. Of course, we also advise you to benefit from the available bonuses as they can often improve your betting experience. You can start by signing up to our top recommended Bitcoin betting site:
Apart from being one of the most reputable Bitcoin gambling sites in the UK, our recommended operator stands out with its rich game portfolio and plenty of gambling options. Additionally, you will also be able to benefit from a generous bonus that will certainly meet your needs as a player. Needless to say, however, you must also check out the respective terms and conditions thoroughly to avoid any potential misunderstandings. If you are interested in some more information, you can check our page dedicated to the best eSports betting sites in the UK.
Poker is considered one of the most popular casino games for a reason. It requires not only luck but also a good strategy and analytical thinking. Thanks to the latest technology advancement, you no longer have to go to a land-based casino to enjoy the game. The online poker sites face you against real players and allow you to win significant funds while developing your strategy. To make life easier for you, we have listed our top Bitcoin poker site below:
Wondering why you should choose our recommended operator? To begin with, the poker site offers various tournaments, poker rooms and special promotions. Additionally, the operator accepts Bitcoin deposits and usually transforms them into cash, so you could claim any bonus you are interested in. Still, we remind you to read the payment policy carefully before making your first deposit.
Playing Lotto with Bitcoin
If you find the chance of winning millions of pounds exciting, then lottery is the game for you. Luckily, you no longer have to be in a certain country to participate in some of the biggest lotteries worldwide. Many online lotto operators nowadays offer hundreds of draws from all over the world and give you the chance to participate in them. Paying with Bitcoin? You will encounter no issues as there are plenty of operators that accept the cryptocurrency. FIn fact, many of them even offer exclusive live lotto games that you cna participate in. You can find our top recommended Bitcoin lottery site below:
Our recommended operator offers plenty of lottery games that you can participate in. There are numerous unique draws that you could take part in, including many live-streamed games. The Bitcoin lottery site is also mobile-friendly so that you could try your luck on the go. Experiencing any issues? Please contact the respective customer support team, and they will gladly resolve your doubts.
Bitcoin Daily Fantasy
Daily Fantasy is one of the most popular games of skills, especially for the fans of sports betting. Currently, there are plenty of daily fantasy sites that accept players from the United Kingdom and offer exceptional bonuses. Still, we must warn you that Bitcoin deposits are rarely accepted, though we expect the situation to change in the future. Nevertheless, if you still wish to try your luck playing Daily Fantasy, you may wish to consider using an alternative payment method. Generally speaking, as long as your chosen operator holds a licence by the UKGC, all your payments should be processed securely.
Bitcoin Dice Sites & Games
Alternatively, you might be able to play at certain Bitcoin dice sites, though they are not particularly popular in the United Kingdom. Wondering how these games work? In a nutshell, Bitcoin gambling on dice games is probably one of the easiest forms of betting. All you must do is choose a number and guess whether the next roll would be lower or higher. If you guess right, you win. How much you would win usually depends on how much you have put on a stake. Of course, there are certain strategies you could follow, although neither one of them could guarantee you would win.
Advantages of Playing with Bitcoin
Wondering why you should gamble with Bitcoin? Apart from providing you with full anonymity, the popular cryptocurrency has numerous advantages that you should be aware of. To begin with, technically Bitcoin has not been recognised as a real currency, so it is untaxable in most countries. As you have probably figured, that is a significant benefit when making casino deposits or withdrawals. Need more reasons to play with Bitcoin? Check out our list of advantages:
- High Security
- Full Anonymity
- Transparent Information
- Mobile Payments
- No Need to Deal With Third Parties
- No or Low Taxes
Still, Bitcoin’s most significant advantage remains its high security. None of your personal information will be shared during the transactions, and no merchant could charge you any extra fees without being noticed. Additionally, Bitcoin could be backed up and further encrypted to ensure the safety of your funds. Luckily, all deposits that you process through Bitcoin will also reach your casino account instantly.
Even though Bitcoin has numerous advantages, some flaws are inevitable. While we do not want to discourage you from using the cryptocurrency, we believe that you should be well aware of what you are getting into. To begin with, we must warn you that even though fully functional, Bitcoin is still developing. Thus, changes are unavoidable, and certain new features are expected to be added in the future. Down below you can find the main Bitcoin disadvantages:
- Bitcoin Is Not Widely Accepted
- It Is Not Legal in Every Country
- The Value of Bitcoin Constantly Fluctuates
- High Volatility
- Easy to Misplace
- Still in Development
Of course, what worries most users, however, is the fact that Bitcoin is not widely accepted in all gambling sites. While we expect the situation to change soon, we would advise you to choose your Bitcoin casino wisely and to consider whether gambling with cryptocurrency is the best option for you. You must also remember that Bitcoins are highly volatile. Thus, you can earn or lose significant amounts of money within a day. Consequently, you should always try to make the best investments, and gambling might not be among them.
Not sure if Bitcoin is right for you? Luckily, most casino sites in the United Kingdom give you plenty of payment options. Please bear in mind, however, that not all of them are available for both deposits and withdrawals and that on some occasions, you may have to use more than one payment method. Ready to explore your options? We have shown some of the most popular casino payment methods in the table below. And you can read our page that will guide you through your first online casino PayPal deposit as well!
|Bitcoin Alternative||Cryptocurrency||Bank Details Privacy||Deposit||Withdrawal*|
|Pay By Mobile||No||Depends||Yes||No|
As long as your chosen operator holds the required licence and SSL certificate, you can be sure that all your transactions shall be safely handled. Still, some payment methods offer better anonymity than others. If your privacy concerns you, you may wish to avoid traditional payment methods such as debit cards and bank transfers. While safe, they would inevitably share with the vendor more private and financial data than you may wish to reveal.
Thus, we recommend you use an e-wallet such as PayPal. The popular payment method comes with high security and anonymity, fast and secure transactions and low fees. Alternatively, you may also wish to use other e-wallets such as Skrill and Neteller, though we must advise you that they are not always eligible for casino bonuses.
Another payment method that comes with high security and full anonymity is the popular Boku. Suitable for deposits, it can offer quick transactions at the best Boku casino sites. Still, its main flaw is the fact it is unsuitable for withdrawals, which automatically suggests that you may have to use a second payment method.
Background: How Does Cryptocurrency Work?
We have covered all gambling aspects regarding Bitcoin, but we have not yet explained how exactly cryptocurrency works. To put it simply, cryptocurrency is fairly similar to e-wallets such as PayPal, with the difference that the numbers on the screen represent crypto instead of fiat currency such as the pound or euro. More importantly, however, you do not necessarily have to understand cryptocurrency in order to use it. All you must know is that cryptocurrency is a digital currency, and its transactions are recorded on a public digital ledger, also called blockchain, while every process is secured by cryptography.
Cryptocurrency works in a simple way. All transactions are sent between peers using special software called cryptocurrency wallets. In a nutshell, the person who wishes to make a transaction uses the wallet to transfer amounts from one account to another. All transactions are encrypted and fully anonymous. We could, of course, go into more technical details, but we believe that you only need to know the basics in order to use cryptocurrency successfully.
What Is Bitcoin?
|🏁 Ledger Start||3 January 2009 (11 years ago)|
|💰 Supply Limit||₿21,000,000|
|🔓 Initial Release||0.1.0 / 9 January 2009 (11 years ago)|
|👨💼 Founder||Satoshi Nakamoto|
|💥 Symbols||BTC, ฿, ₿|
|📇 ISO 4217 Codes||BTC, XBT|
In a nutshell, Bitcoin is the first cryptocurrency ever created. Launched back in 2007, Bitcoin relies on digital money only and allows you to purchase various products and make numerous transactions. Yet, its main downside is that it is not legal everywhere and its usage in countries such as Bangladesh and Pakistan could lead to potential problems with the law. Luckily, this is not the case in the United Kingdom, where people have the freedom to make payments and gamble with cryptocurrency.
Bitcoin’s uniqueness as a payment method has managed to gain many financial experts’ respect throughout the years and has lead to its legalisation in all European countries. The cryptocurrency’s main advantages are its guaranteed high level of security and anonymity. Your available Bitcoins can also easily be turned into a fiar currency, yet you need to know when it is the right moment to do so as the cryptocurrency is highly volatile.
Who Created Bitcoin?
The real identity of Bitcoin’s creator remains unrevealed. All that is known so far is that the person behind the popular cryptocurrency is a mysterious figure who uses the alias Satoshi Nakamoto. To put it simply, Nakamoto decided to create Bitcoin in order to help people avoid the usual payment costs and uncertainties. The cryptocurrency was certainly the right way to go as it protected sellers from fraud and helped buyers keep their private and financial data safe and anonymous. As a response to the financial market’s uncertainties, Satoshi Nakamoto decided to limit the Bitcoin supply to 21 million. The mystery behind Satoshi Nakamoto’s identity has grown even more ever since he decided to leave the company in 2011. There have been multiple theories regarding the real person behind Nakamoto, yet so far, none of them has been factually proven.
Bitcoin and GBP – Wise Investment or Hard Transactions
Turning Bitcoin to and from GBP sounds complicated, but it is rather simple as long as you know what is involved in the process. To begin with, in order to avoid unnecessary risks, you must keep your bitcoins in your crypto wallet. Bear in mind that there are various ones, and you should be able to select the one that convenes you the most. In order to convert your Bitcoins to GBP, you must transfer them to your chosen account. You can find your options listed on bitcoin.org.
The exchange rate changes constantly, thus you must follow it in order to make the best deal. Keep in mind, however, that you will have the option to either sell your Bitcoins at the current exchange rate or use a limit trade to offer them for a set price with the hope that someone would buy them. Once you make your deal, you will have to provide the details of your bank account and wait for your money to arrive. Wondering what are is the relative exchange rate? Check out the graph below to find out.
The Future – Will Bitcoin Crash?
Bitcoin is, without a doubt, not only the oldest but also the most stable cryptocurrency currently available on the market. Its quality is constantly improving, and new features might be added in the future. Thus, we doubt that there is even a slight chance for Bitcoin to go extinct, while we cannot same the same about the other cryptocurrencies. We must clarify, however, that statistically, it is not impossible for Bitcoin to crash again. We remind you that the cryptocurrency went from practically zero in 2009 to almost £145 in 2013. It then fell and peaked at various times, until it reached the impressive £20,000 at the end of 2017. In 2018, Bitcoin lost nearly 80% of its value and eventually rose up again. Thus, while Bitcoin is relatively stable at the moment, we cannot guarantee that its situation will remain the same in the future. As we are not financial experts, we cannot advise whether to take your chances with Bitcoin but can assure you that it remains one of the safest payment methods to use.
Other Cryptocurrencies – Do They Work for Gambling?
As we have already mentioned, Bitcoin might be the oldest and most reputable cryptocurrency but it is certainly not the only one. To help you out, we have researched the most popular alternatives below. We must point out, however, that all of them are rather new and still unstable. Thus, we would advise you to do your own research before investing in either one of them. Remember that the value of each cryptocurrency constantly fluctuates and must be revised regularly. If planning to use a cryptocurrency different from Bitcoin, please make sure that it is legit like the ones listed below.
Similar to Bitcoin, a small number of gambling sites support XRP and Ethereum. The conditions of using them are identical, though we must warn you that your gaming options might be somewhat limited. You should also keep in mind that the majority of the casino sites that support alternative cryptocurrencies, do not hold a licence by the UKGC. Thus, we recommend you avoid using them and only opt for reputable online casinos.
Final Thoughts About Gambling with Bitcoin
Bitcoin is, without a doubt, one of the safest payment methods currently available. When it comes to gambling, however, the cryptocurrency has certain pros and cons that all players should be aware of. As we have established, while Bitcoin offers increased safety and privacy, it is unfortunately not available at all online casinos in the UK. Additionally, there might be numerous fraudulent gambling sites, so players should always check whether their chosen Bitcoin casino is licenced and regulated. To sum up, you can find Bitcoin’s main advantages and disadvantages listed below:
- Full Anonymity
- No or Low Fees
- Fast Transactions
- Excellent Security
- Many Bonuses
- Great Game Variety
- High Volatility
- Still Developing
- Unlicensed Operators
While some players prefer to stick to the traditional payment methods, many others have discovered the advantages of gambling with Bitcoin. The cryptocurrency has undoubtedly managed to resolve some of the biggest inconveniences that online players often encountered. Still, Bitcoin gambling remains a debated topic mostly on ethical grounds.
We remind you that cryptocurrency is not legal in all counties, which often makes the matter even more complicated. Luckily, for you, however, Bitcoin gambling is entirely legal in the United Kingdom, and we have picked the best Bitcoin casino sites available on the market. Remember to gamble responsibly and always read the terms and conditions.
Frequent Questions About Bitcoin Gambling
We hope you found our explicit review on Bitcoin gambling useful and informative. Nevertheless, if you still have any doubts left, we will gladly resolve them by answering some of the most popular questions regarding Bitcoin. Stil, shall you need specific information on how to make a Bitcoin deposit at your chosen online casino, please turn to the respective customer service team.
More Interesting Articles
Did you find our Bitcoin gambling review useful? If so, you will certainly find interesting the rest of the guides and reviews that you will find on our website. If you want to learn more, you can find some of our most interesting and popular reviews and articles below. In them, you will find valuable information about gambling laws, casino bonuses, payment methods and much more! Remember always to gamble safely and responsibly.
As we have established, Bitcoin is one of the safest and easiest payment methods that you can use for your casino deposits. The cryptocurrency is supported by plenty of online casinos, and we have listed the best ones of them. Remember, however, to always read the respective terms and conditions before you make your first casino deposit. Feel free to use any of our listed payment methods, if you find Bitcoin unsuitable for you. In case you experience any technical difficulties with your transactions, please turn to your online casino’s customer support team.