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Betcoin is one of the leading providers of exciting Bitcoin software, delivering casino, poker, sports and dice games, as well as substantial bonus offers.
If you haven’t already, please take some time to learn about Bitcoin before you start gambling with it.
Bitcoin casinos have been around for as long as Bitcoin itself. They’re similar to standard online or real-life
casinos, except they’re a lot cooler.
Bitcoin gaming is currently modernizing online gambling as we know it, contributing endless innovation to the industry. Here’s why Bitcoin casinos are the safest casinos in the world:
shadyconnotation of online casino operators.
Casinos are huge business, and online gaming represents a growing share of it. What’s more—you can invest in them, and earn up to $10,000 per day. For the most complete guide to investing in Bitcoin casinos, including a detailed comparison of casinos and a useful investment return projection calculator, click here.
I’ve been a keen player on Bitcoin casinos since early 2011 on over 150 different websites, and I know what I’m talking about when it comes to the technical stuff like provable fairness. Everybody has a favorite Bitcoin casino—find yours today and learn why TheBitcoinStrip is the most trusted Bitcoin casino resource on the planet!
I only write fair and unbiased casino reviews, to help you make an informed decision. Every review on this website is 100% honest and unpaid-for.
Good luck, and gamble responsibly!
Bitcoin, in my opinion, represents the future of the financial system. To give you a broader definition: it is a digital currency powered by blockchain technology. Bitcoin operates independently from any government or banking institution, making it a decentralized and transparent currency. The cryptocurrency is world-famous for its privacy and can be used to send and receive payments by anyone with access to an internet connection.
Currently, there are several ways to purchase Bitcoin. Most people choose to give real-life money in exchange for Bitcoin (e.g. USD, EUR, etc.) at specialized, Bitcoin exchanges. Other solutions include real-world Bitcoin ATMs or simply purchasing coins from people that you can find using sites such as LocalBitcoins.
It isn’t difficult at all!
At this moment in time, some Bitcoin casinos don’t allow players in the United States due to the harsh regulations imposed on casino operators in America. However, most Bitcoin casinos accept players from all over the world.
The easiest way of getting free Bitcoin is to “farm” it from a Bitcoin casino faucet.
Most Bitcoin casinos will not require players to submit any personal information whatsoever. Not only this, but withdrawals are also always processed via Bitcoin, so you don’t have to trust anybody with your card details.
We take very special care in all of our reviews. None of our reviews are paid for. We spend an enormous amount of time playing on each casino and verifying its fairness, and we do not shy away from talking about both the good and the ugly in the industry. If we don’t like a casino, or think it is dangerous — we aren’t afraid to tell you. Our reviews are written with attention-to-detail and aim to cover every possible question.
We couldn’t fit the entire list of casinos here. Click here to view the full list of Bitcoin casinos.
CloudBet is a Montenegro-based casino and sportsbook. The site has been providing players based around the world with a safe, reliable Bitcoin betting service since it was first established in 2013. Powered primarily by BetSoft software, CloudBet guarantees a smooth gambling experience, allowing customers to navigate the site and enjoy immediate Bitcoin transactions with no fees.
CloudBet is, first and foremost, a Bitcoin sportsbook. This is made evident by the style and design of the interface which is very sports-heavy and filled with images of football, tennis and hockey stars- among others. CloudBet’s dedication to sports definitely pays off, as the site boasts a vast, diverse sportsbook covering just about every sports market that even the most discerning Bitcoin sports bettor could hope to find including American Football, ESports and MMA. The sportsbook also has a ‘Specials’ section where players can place predictive bets on events in the political and entertainment arenas. There are dozens of different betting options available on each game and event in the Bitcoin sportsbook of CloudBet, starting with between 20 and 30 on major US sports and reaching around 100 on the Premiership soccer league. Betting options can be as simple as winner/loser or as specific as the first player to score.
In the casino section of CloudBet, players can pick from a wide range of Bitcoin slots powered by some of the biggest names in the industry including BetSoft, Microgaming and Play’n Go. At the time of writing, CloudBet’s slots library is 293 titles strong, which means that every player will find the style and theme of game to suit them. This jam-packed catalogue includes innovative video slots with hundreds of ways to win, classic five reel fruit machines and progressive jackpots. Also in CloudBet’s casino are 55 different types of table games. These, of course, include all of the usual casino classics such as blackjack, poker, roulette and baccarat- all of which come with a variety of different versions. Table game players can also play with Bitcoins on slightly more obscure games like Keno. At any time of day, CloudBet customers can enjoy the action of the live casino section by watching roulette, blackjack and baccarat games unfold in real time.
Whether players choose to place bets in the sportsbook or casino games section of CloudBet, they can enjoy fast, fuss-free Bitcoin betting in an instant-play web browser or in the fully optimized mobile version of the platform.
Every Bitcoin gambler should do their research and take note of a site’s reputation before signing up for an account. When searching online for reviews of CloudBet, one of the first results to come up is a scathing report from a customer claiming to have been scammed out of their welcome bonus by CloudBet. This in-depth complaint is impossible to ignore and it does seem as though the complainant had a seriously bad experience with the site. However, this appears to be a one-off and CloudBet generally receives positive reviews from the public and is highly-favored by the Bitcoin betting audience. There is no question that CloudBet takes the security of players and takes plenty of measures, including implementing 2-step authentication and keeping Bitcoins in cold storage, to guarantee player safety. All of this contributes to the predominantly positive feedback that CloudBet has received.
There is only one promotion on the cards at CloudBet. This is a 100% welcome offer which matches new players’ first deposit up to 5BTC. This highly generous welcome deal is dished out in increments of 10Mbtc at a time. CloudBet makes the bold claim that they offer the biggest and best Bitcoin bonus in the online casino/sportsbook industry. It’s difficult to verify whether or not this is genuinely the case, but this is certainly up there with the most impressive welcome offers we’ve seen yet.
CloudBet is a highly recommended Bitcoin betting platform for both those who prefer placing wagers on sports events or casino/slot games. The high standard of CloudBet’s games and website operation make this an enjoyable place to play, but it’s that astounding welcome bonus which really makes CloudBet stand out from its competitors. Like most casinos, there are features which CloudBet could improve; the most obvious is the customer support service which would greatly benefit from the addition of a live chat option. On the whole however, this is a great Bitcoin gambling spot.
Bitcoin has been wildly successful among gamblers and online gambling. What’s remarkable is that Bitcoin’s potential for online casinos started showing even before 2013, when the cryptocurrency was met with success in global markets. But what is it that makes Bitcoin so appealing to people in this industry?
The fact that Bitcoin lacks a central authority is one of its core virtues. Nobody can regulate it effectively. This has allowed for developers to experiment with use cases that weren’t possible or even “legal” with conventional means of payments. Anyone can program Bitcoin and the lack of regulation for it serves like a free pass to limitless creativity.
Not only is Bitcoin too new for regulators to touch, but its decentralized system and infrastructure are tamper proof when it comes to malicious intervention by third parties. What this means in that case is that even if regulators and authorities tried to undermine businesses involved with gambling, Bitcoin users would remain unaffected at large and Bitcoin casinos would find ways to avoid regulation.
On the technical side, fast transactions and minimal fees make Bitcoin ideal for easily accessible gambling. This along with the fact that Bitcoin transactions are truly irreversible makes it a great tool for both players and online casinos. Whereas players using conventional payment means would have to fund several accounts and wait for sometimes slow and expensive transactions to clear, occasionally even having to pay fees on their profits for ‘fraud prevention’ due to widespread credit card risks with gambling.
Moreover, Bitcoin transactions are not associated with a name. Bitcoin’s ability to enable anonymous financial transactions spawned several platforms that made use of that feature. Anonymous gambling had never been so accessible prior to cryptocurrency.
Although there were some early examples of Bitcoin-enabled gambling like SatoshiDICE and bitZino, adoption from online casinos didn’t really take off until after Bitcoin came into the spotlight and the user community grew exponentially.
Something changed back in 2013, the outlook of the financial crisis wasn’t good and many people that were already looking for alternative investments stumbled upon Bitcoin. Bitcoin users crazy when the price hit $100 in April, only for that to be topped off with the still unbroken all time high of ~$1,200.
In the meantime, another thing that skyrocketed was demand for ways to use Bitcoin without having to exchange it. As Bitcoin had also proved to be a great speculative tool there was a lot of demand for full fledged gambling as well. The traffic already-existing casinos that supported Bitcoin received exploded, and for a time, it seemed as though new ones were created almost every day.
The state of the community back then allowed for numerous developers to experiment with Bitcoin by online casinos, and several were met with major success. At least a couple of Bitcoin casinos that had a humble launch back in 2013, gradually built up trust and have since then had bets worth tens of millions in dollars wagered on their platforms.
SatoshiDICE was an early pioneer in the Bitcoin casino industry; it featured a single major game, which the gambling community community loved. The idea was simple, just a dice rolling game. But it’s the features that got players excited. Users could set the odds as they liked, change their bets from fractions of a penny to thousands of dollars and “roll the dice” as fast as they could send out Bitcoin transactions.
Most importantly though, it was the low house edge and provable fairness that got players hooked with this game format and made SatoshiDICE so successful. Players could spend all day wagering custom-set amounts of Bitcoin, and still have mathematical proof that each and every dice roll they did was randomly selected as a win or loss based on the odds they had selected.
While SatoshiDICE is still an active website, some if its successors have been met with greater success. SatoshiDICE no longer ranks first when it comes to the volume of bets. Certain websites like Primedice managed to come up with and implement further improvements for their provably fair dice games.
As of technical improvements, the most important one was making bets off-chain, this way enabling users to load their accounts with however much money they wanted to bet with by sending single Bitcoin transactions. This made the dice rolling process significantly faster as there wasn’t any need to transfer Bitcoin for every bet. Additionally, house edge on most Bitcoin dice games is 1%, which is extremely low compared to traditional casino games.
Finally, one of the new moves that helped new Bitcoin dice websites succeed what the fact that they made dice rolling more community oriented. Many people were showing up on such websites to wager pennies and chat with others or even the website’s developer on the public chat rooms of the websites.
One could argue that Bitcoin is more or less, programmable money. Nobody can mandate what it should be used for but everybody is free to find his own use-cases. It’s this programmability that has allowed for unique new innovations with gambling. Talented developers can bring their ideas to life by using Bitcoin, and we’ve already seen astonishing gambling platforms powered by Bitcoin.
One example of Bitcoin-only innovation would be the idea of user-funded gambling. Such websites were unheard of before Just-Dice was swarmed with new users. An event that encouraged the founder and lead developer to implement a crowdfunding solution through which users were able to invest in the house. This solution made Just-Dice one of the most well funded Bitcoin casinos at the time, this way allowing for bets of extremely high monetary value to be placed in the website.
Bitcoin’s contribution to online gambling doesn’t just stop at solutions to finance the house of gambling platforms though. There have been countless unique cryptocurrency-only games. Bustabit is one such game; described by its creator as a “social Bitcoin gambling game in which you place a bet and cash out before the the bust event”. A description which — unsurprisingly — doesn’t really make much sense as the game is so unique that describing it with words isn’t easy.
It was this game that inspired its owner to create the gambling wallet called MoneyPot. It essentially serves as a wallet for users and platform empowering provably fair gambling websites. Users of MoneyPot can handle balances on several provably fair online casinos with a single account, track their winnings and even invest in MoneyPot’s business by funding it, which in its turn funds the affiliated casinos and profits from their house edge.
Bitcoin’s free market has allowed for many innovations for gambling, there’s enough healthy competition and numerous options for gamblers. There are several reputable casinos, dice games, bookies, countless Bitcoin-only games and even investment opportunities in Bitcoin’s gambling industry.
Those that want to try out new things always have the chance to do this with Bitcoin as new websites and games are constantly popping up. New websites aren’t always successful but oftentimes engaging with a new Bitcoin website is a great experience for both the developers and the players as Bitcoin gambling is still a niche that can be very community oriented. Bitcoin’s gambling community is very vibrant in spite of its youthfulness, something that is especially noticeable in related forums like Bitcointalk.
Overall, gambling is already a very big part of Bitcoin and one of its most popular use-cases so far. Bitcoin’s nature makes it especially fitting for activities like gambling, and while the cryptocurrency’s success with the rest of the world might not be guaranteed, it’s already increasingly popular among gamblers and has a guaranteed future in the industry.
