Can I Really Wager on Casino Games with Bitcoin?
We know you can deposit (and withdraw) with Bitcoin, but can you wager with the cryptocurrency, too? Find out in our guide.
18:40 24 May 2021
Most casino players will know by now that they are at liberty to deposit and withdraw at online casinos using cryptocurrencies such as Bitcoin. However, while depositing and cashing out your winnings may be a doddle, one big question remains: can you wager with BTC at casino sites? It is a significant question and one that players ask all the time. There is no easy answer, but we aim to help you either way with this guide to BTC betting.
Deposits and Withdrawals
One of the first clear signs that you are not going to be able to wager with BTC comes if a conversion rate is involved. If you deposit with Bitcoin, and your deposit is instantly available in your account in US dollars (if the casino has converted it), then you can take that as a tell-tale sign that you are not going to be able to wager on games using cryptocurrencies. Worse still, you could end up getting a dodgy rate or a shoddy conversion fee for the process. In these cases, your US dollars or other FIAT currency balances will be converted back to BTC when you withdraw, and the same thing could happen here, too. If the casino does not alter your deposit, then things look considerably better, and we can move on to the next section.
It is the casino game software providers and developers who decide whether their games are Bitcoin-friendly or not. Casinos seldom have anything to do with it. If a software provider has made their games Bitcoin compatible, then any reasonable casino will naturally let you stake money using cryptocurrencies. There are plenty of top software providers who have done this, including Spinomenal, Ezugi, BetSoft Gaming and others. If your chosen casino supports games from these providers, let us continue.
Look for BTC Genres
Thus far, you know that your chosen casino permits BTC wagers and supports games from providers who allow that. How do you find Bitcoin-friendly games, though? Most cryptocurrency casinos will have a dedicated section of BTC games, so you do not have to waste time trying to find them. Any casino games that permit Bitcoin bets will likely be in a section called “BTC Games”, “Bitcoin Games”, “Cryptocurrency Games”, or something similar. We would start by checking out the titles that appear there.
Top Casinos Offering BTC Wagers and Games
As you can see, cryptocurrency casinos can permit you to wager with Bitcoin, but this can vary from site to site. What you need is to find a trusted, licensed casino that offers such a service. Sites such as bitcoincasino.io and its counterparts come highly recommended for this. They have dedicated sections of games that all permit players to deposit, wager and finally withdraw winnings using BTC and various other cryptocurrencies to boot.