UK Bitcoin Casinos
When it comes to online gambling, there’s practically a solution for everything. Whether that solution includes playing on the go on your mobile, accessing a “real” life live experience of playing live dealer casino games or otherwise, the latest solution for the online gambling industry comes in the form of a new age payment method: Bitcoin casinos.
There are many Bitcoin casinos online today, each offering a quick and easy way to (almost) anonymously deposit your digital currency and play casino games and slots. However, whilst we want to point out that is it easy and groundbreaking, there are a few things we thought we ought to mention, to make sure that you end up playing at safest and best ones.
Best Bitcoin Casinos 2020
Most Bitcoin casinos (or “crypto casinos” if you’re looking to deposit other types of cryptocurrency such as Litecoin, Bitcoin Cash, Ethereum and Dogecoin) that exist are often licensed by the Curacao Gambling Commission. Whilst here’s nothing wrong with this type of gambling license, it does mean that UK players won’t be allowed to sign up and play there. UK customers need to find a Bitcoin casino which holds a gambling license issued by the UK Gambling Commission.
What we can tell you is that there are far less UK Bitcoin casinos which hold a UKGC license than there are Curacao ones. A casino which holds a UK Gambling license is generally considered a 'safer' casino than one with a Curacao license, as it is far more difficult for online casinos to obtain a UK license in the first place. This is because there are many legislative rules and obligational hoops to jump through. And this is the reason why you’ll find less direct UK Bitcoin casinos. But, the ones you will find you can at least count on to be trusted and safe.
What this licensing and regulation means is greater protection for you, the customer. If you find yourself cheated someway. (i.e. a casino not paying you your winnings) then you have a case which you can notify the commission about. Hopefully, you won’t ever have to experience that, but the idea is that if you do, you are protected by a regulated license.
Aside from gambling licenses, there are a couple of other things that we look out for when reviewing and making our mind up about the legitimacy of a Bitcoin casino. These include:
- How many games and gambling options are available
- What are the cash out times of withdrawals?
- How efficient and helpful is the support department?
- Bonuses and offers: can you get good value and are the bonuses free from rogue wagering terms & restrictions?
- Are there other payment methods available? (just in case you ever feel like depositing via a regular banking method such as PayPal, Skrill, Neteller or Credit Cards in Fiat currencies)
We have tried and tested a fair few Bitcoin casinos in our day and below you will find a list of the best ones which accept Bitcoins directly. This means you will be able to log in and transfer your Bitcoins to the casino.
Full terms and conditions are applied to any and all bonuses (Welcome, Reload, Cashback bonuses, awards or manual bonuses) that have been issued by Fun Casino. To receive the welcome bonus a minimum deposit of £10 is required. Refer to full terms here 18+. T&C's | BeGambleAware®
First time depositors only. Min. deposit £10. Maximum amount of Free Spins is 50. Free Spins valued at £0.10 per spin. Excluding new players in Northern Ireland.. OJO's Reward and Game Play Policy Applies. 18+. T&C's | BeGambleAware®
Using EWallets to Deposit By Bitcoin
We understand that choice is key and you may have found some casinos you want to play at that don’t accept direct Bitcoin. But, as we said at the start of this article, there is a solution for everything! So the solution to deposit with Bitcoin when the casino doesn’t accept it directly? Use an eWallet such as Neteller or Skrill, which is accepted at almost all UK casinos. If you do this, then a whole world of new opportunities open and you’ll be able to choose from many more UK casinos and still use Bitcoin in some way.
How? See Below on How to Deposit Bitcoin to Skrill:
- Instantly convert 40 fiat currencies to Bitcoin, Bitcoin Cash, Ether, Ethereum Classic, Litecoin, XLM, XRP & 0x
- Choose your deposit option. Click the “Upload” button in your account
- Choose your deposit amount
- Follow the simple onscreen steps to transfer from your Bitcoin wallet to your Skrill account. Most of the time you can use QR codes which make it simple.
- Wait for the payment to be processed and available in your Skrill account. Once processed, log into your chosen casinos and choose to deposit via Skrill.
It’s that simple. Whilst this way you are restricted as you will need to withdraw your winnings back to Skrill (and not directly to your Bitcoin wallet) you still are able to use your Bitcoins to gamble, albeit you need to use a payment processor to do so. But this way does offer you to have access to a wider range of casinos, however, they aren’t strictly direct bitcoin casinos, so using Skrill is a workaround solution.
18+. New players only. 1 bonus offer per player. Min. deposit £20. Max bonus bet £5. Extra spins on selected games only- must be used within 72 hours. Bonus funds expire in 30 days, unused bonus shall be removed. Bonus funds are 100% match up to £500 + 30 extra spins on 1st deposit, 25% match up to £800 + 25 extra spins on 2nd deposit, and 50% match up to £200 + 50 extra spins on 3rd deposit. Bonus funds are separate to Cash funds, and are subject to 40x wagering the total bonus & cash. Only bonus funds count towards wagering contribution. 18+. T&C's | BeGambleAware®
18+ New UK players only. 20 Free Spins on sign up. Deposit bonus: 100% up to £100 Bonus + 20 Bonus Spins, on each of your first 4 deposits. £10 min deposit (Skrill, Neteller excluded). £5 min. wager to activate Bonus Spins. All spins only valid on Book of Dead and expire after 7 days. 35x wagering on eligible games (£5 max stake) before Bonus, Free Spin or Bonus Spin winnings can be withdrawn. Eligibility restrictions apply. See full T&C's. 18+. T&C's | BeGambleAware®
Why Bitcoin Gambling?
Using Bitcoin at online has plenty of benefits. Did you know that you can buy gift cards with Bitcoin and spend them online? You can also buy flights and holidays and we get the sense that it’s going to become even more popular to use Bitcoins online in years to come. So what are the benefits of Bitcoin gambling as opposed to using a Fiat currency and standard banking methods?
Better Bonuses: One of the biggest perks of using Bitcoin at online gambling sites is receiving better casino bonuses. This usually means even better than standard wager terms and higher bonus amounts. The reason that gambling sites can ‘afford’ to offer higher-value bonuses is that the costs of processing Bitcoin transactions are far, far lower than standard deposit methods. Did you know that some payment methods you use such as Visa & Mastercard cost an online casino up to 20% of your deposit amount in fees? Whilst an online casino will need to accept regular payment methods, they love it when people opt for cryptocurrencies as it is so much less expensive for them to process. In return, as a token of appreciation, they offer customers much better casino bonuses. So it’s a win-win situation.
Changing Price Change of Bitcoin: The price and value of Bitcoin is always changing, so this can mean a great day for you if you managed to buy some when the price was really low, or you cashed out your winnings at a low period and then the price increased. The value of Bitcoin is somewhat more stable in recent years, but make sure you know that it can also drop in price too. For some people, this only adds to the perks of using Bitcoin. It’s different and it's more exciting.
It’s Easy! Another perk for using Bitcoin when you gamble online is an easy process. Usually, you don’t have to use your own bank or credit card as you store your cryptocurrency in your own wallet. This makes it super easy to deposit to bitcoin casinos and also withdraw your Bitcoins back to your wallet without ever having to use your bank account.
Popular Bitcoin Frequently Asked Questions
How to Buy Bitcoins?
As briefly mentioned above, you can use a couple of eWallets to buy Bitcoins or other crypto-currencies if you feel safer doing it that way or you can buy crypto-currencies direct from exchange companies such as Kraken.com, BitPay, Blockchain, CoinBase or Localbitcoins.com using credit cards, debit cards, and other types of mainstream forms of payments. You can also buy Bitcoins from people who own Bitcoin and wish to sell them as well.
Top Advice: As you know, the price of Bitcoin and all Crypto-currencies are volatile. We recommend that you always check the development of the BTC price over the previous 3 months to help you determine a good opportunity and time to buy.
The 5 Most Popular Cryptocurrencies for Gambling Online?
- Bitcoin (BTC)
- Lightcoin (LTC)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Tether (USDT)
Is Bitcoin Gambling Legal in the UK?
Bitcoin gambling is perfectly legal within the UK. In fact, Bitcoin gambling has not been subjected to any kind of separate legislation as of yet, however, this could change over time. At the moment, Bitcoin is basically considered as another type of payment method at gambling sites. We don’t doubt, however, that in the future there will be some legislation which may come into place to regulate Bitcoin and add it into a legal jurisdiction. Until then, you can legally gamble with Bitcoin just like you would with a regular fiat currency and payment methods.
If Bitcoin is Anonymous, Do I Need To Supply ID?
Yes and no. If you are gambling at a UK Gambling Commission licensed casino, then part of the licensee holder’s obligations is to “Know Your Customer” (KYC). You will be asked to supply proof of ID and verify your account. There’s no way around this if you are gambling at UK licensed casinos, Bitcoin or otherwise; every customer needs to do this process once at every casino site.
Bitcoin casinos outside the UK which operate on other gambling licenses, such as the aforementioned Curacao license don’t generally need to see your documents if you deposit and withdraw with Bitcoin, however, if you use a regular payment method like bank wire, they will ask you. We only feel that KYC this helps contribute to a safer and regulated gambling environment which does a good job of protecting UK gamblers, so it shouldn’t be seen as a negative thing.
What's The Minimum Deposit Amount at Bitcoin Casinos?
The minimum amount that can be deposited really does usually on the casino. Most of the time, however, the minimum deposit is around 0.0001 BTC but different units of measurement such as mBTC, uBTC, dBTC can be used. We always recommend you to fully check the terms and conditions at the Bitcoin casino you’re thinking of joining and playing at, in order to learn more about their minimum deposit amounts and other important things.
What is Provably Fair Gambling?
Provably fair gambling is a method of verifying the integrity and reliability of the casino software. Thanks to Blockchain encryption, this can be checked with a hashed seed. What's more, all licensed casino sites are each 3rd party checked and audited to maintain their accuracy when it comes to fair gaming. Each casino is checked to ensure that their inbuilt RNG (random number generator) which is in their games that they license from games companies, match a true probable outcome of a real-life slot or casino game. So, in other words, no rigged games.
Can anyone use Bitcoin Casinos?
You don’t need to know the intricacies of how Bitcoin technology works, but we do recommend you to learn the basic principles of how to use Bitcoin so that you can use Bitcoin casino sites with the fullest confidence.
Basically, you need to have an understanding of the internet (which at this stage, we’re sure you do!) as well as how online casinos work, and also how to use your Bitcoin wallet to upload and receive funds. If you don’t have a Crypto wallet yet – just create one at reputable exchange companies such as Coinbase. Whilst it might seem daunting to begin with, you’ll soon get the hang of how everything works.
Security for any Bitcoin wallet is tight, so make sure you are fully aware of wallet protocols. For instance, if you forget your password and lose access to your wallet, then it isn’t a simple case with resetting your password. You will be asked for backup words/access keys and additional security methods that were once provided to you when you created the wallet. Make sure you always have these backed up and safely stored. Once you lose your wallet, there’s little chance of recovering your Bitcoin balance.
Best Bitcoin Casino Experience
Hopefully, we’ve helped you through the process of understanding how a Bitcoin casino works and how you can easily get started at safe and secure UK bitcoin casinos. Browse our latest reviewed Bitcoin casinos above and take advantage of the latest Bitcoin bonuses and casino free spins! As always, if you find yourself having questions about Bitcoin casino sites or anything we’ve mentioned above, then you can always contact us.