New Bitcoin Casinos: Pros and Con
- Provably Fair crypto games
- Potentially bigger bonuses
- Better security
The two types of new Bitcoin casinos you can spot online
When I’m searching for some new BTC casinos to play at, I’m aware they fall into one of two categories. I’ve laid these out for you here, so you’ll know the difference when you find some new sites to assess.
Traditional casinos that welcome Bitcoin and similar cryptocurrencies
By traditional, I mean casinos that have the usual suspects in the banking area:
- Credit, debit, or prepaid cards (or all of these)
- Online wallets
- Banking services such as direct transfers
These standard sites are now beginning to introduce one or more cryptocurrencies as well. Since Bitcoin is the leader of the pack, you’re more likely to see this than anything else. You’ll probably spot others too though, such as Litecoin and Ethereum among many others, including Bitcoin Cash.
Dedicated crypto casinos on the blockchain
These casinos only welcome cryptocurrencies, although some promote the idea of purchasing Bitcoin with a credit or debit card. They typically have guides to help you with that.
The newest Bitcoin casinos will have the best security, along with crypto games based on the blockchain for total transparency (I’ll go into that more in a moment). In short, though, these casinos have all the hallmarks of blockchain-based currencies and the security and safety features that go along with them.
What are the advantages of using Bitcoin for gambling?
I’ve got an ace up my sleeve when I’m using Bitcoin over and above all other methods I might choose to deposit with at an online casino. More than one, in fact, as there are several key features of Bitcoin that make it a better option for many.
Bitcoin is a decentralized cryptocurrency
This means no single person or group has control over it. All information and data is spread over the network, so no one can freeze your account or prohibit you from making transactions or take control in any other way. That’s good news when you want to enjoy some casual online gambling.
You can remain private and anonymous
This suits me, as it means I don’t need to share any personal data with anyone. It makes sense for casino play. I don’t need to share my account info either – just my wallet address. I can use my preferred crypto casino or even the best crypto sportsbook – the ball is literally in my court. Way better than being required to share my card details or bank details to make a deposit or withdrawal. I’m sure you’ll feel the same.
You’ll enjoy lower transaction fees
Different casinos vary on this aspect, of course, but I’d expect new Bitcoin casinos to keep fees low, just as established sites do. I’ve certainly found them to be far lower than many fiat currency deposit methods I’ve used at online casinos.
Crypto casinos provide access to Provably Fair gaming
Here’s something I think is an added bonus – and you won’t get this if you choose a regular casino that has added some cryptocurrencies to its banking page. Crypto casinos work on the blockchain, so they are able to use that blockchain to provide players with unique games where the outcome can always be verified. Honesty is the best policy, right? It certainly comes into play big time here, and a new BTC casino can stand out by offering its own unique games via the blockchain.
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Vital features to consider when signing up to a new BTC casino
I always get a sense of excitement when I spot a crypto casino I haven’t seen before. Yet once that excitement dissipates a little, I make sure I go through my list of points to check on before thinking about becoming a member there. I can reveal this list here, so you can take advantage of it as well.
There are a few things to think about here, but above all else, keep your preferences in mind. I love the occasional hand of blackjack, alongside playing plenty of slot games. Blackjack may not matter to you, but if you’ve got a few other favorite games you’d like to play, make sure you look for those as well. Here are some of the games you might see at these casinos:
- Slot games – these have varying reel quantities, paylines, ways to win, or Megaways formats, and special features such as bonus rounds and free spins
- Provably Fair crypto casino games – only available at crypto casinos (including new Bitcoin casinos), they’re unique to each casino and tend to cover titles such as Plinko, Mines, and Crash games, with fair outcomes that you can check.
- Blackjack – it’s the race to reach 21 without going bust, but you can find multihand blackjack alongside other variations at some casinos
- Roulette – again, there are a few variations based on how it is played around the world
- Video poker – think of it as a mix of slots and poker, with Jacks or Better and Deuces Wild just two of the possibilities
- Live casino games – these could be regular games or crypto games, with the latter becoming more common online
- Specialty titles – you never know what might pop up in here, with everything from scratch cards to keno cropping up
The more providers there are, the greater the game availability, so I think this ties in with the above section. The more the merrier here, with some providers catering to live games and others focusing on slots or table games, for example. Some of my faves include NetEnt, Playtech, and Microgaming.
New player bonuses and others for existing members
One thing I always look for when assessing and comparing some Bitcoin new casinos is the presence of a welcome bonus. The ideal scenario is to find a Bitcoin casino no minimum deposit offer – or even a no deposit bonus to get underway with. There are a few things you might spot when searching for a no deposit bonus, such as:
- Some free coins to use
- A free casino chip
- A few free spins
You will get a no deposit offer just for signing up. In contrast, the no minimum deposit casinos are those that allow you to deposit however much – or little, as the name suggests – as you like. This opens the door to those with smaller budgets, and I like to know I can participate with no minimums to meet.
This is a personal thing, so if you find a new BTC casino you like, see how smooth it is to use before you sign up. This is good to try if you’re experimenting with two or three new sites to find out where your allegiance might lie. Be sure to check on a mobile device too if you’re going to access the site via that route.
How does a new BTC casino stack up against existing sites? The transparency of blockchain gambling puts it above most other sites. I’m sure you’ve visited a standard casino and found no info about the owners or licensing details. That murkiness doesn’t exist with Bitcoin casinos because the decentralized aspect removes the murkiness in many ways.
You’ve also got assuredly secure transactions whenever you make deposits. Payments go from your crypto wallet to your casino account. And hopefully, the other way around if you win something, too.?
Responsible gambling services
I look for these whenever I visit an online casino, as they’re a key marker for helping protect players at all casinos and online betting sites. Many have a separate page or area covering their approach to responsible gambling. I like to see features such as:
- Account limitations
- Deposit limits
- Self-exclusion (a voluntary action that means you can’t access that casino)
- Resources to access to get support whenever required
Having a section like this tells me that the casino cares about its players. Hence why I’ve added it to my must-have list of features for any new BTC casino.
I’m always surprised when I come across a casino that doesn’t run one of these. It adds so much content and potential to a site, it seems crazy to miss it. Finding a Bitcoin VIP casino to use means I can access various levels that bring other perks to the fore. I can usually earn comp points whenever I place wagers, but there are other features that often appear as well:
- Different levels to access
- Varied bonuses to unlock at each new level
- More generous comp point conversion or earning power
- Exclusive tournaments and/or giveaways
Depending on the new BTC casino you’re looking at, there could be more involved, but you get the idea.
Exploring the cryptocurrency trends in the casino industry
How might crypto affect or influence what’s going on in the world of crypto casinos in future? It’s good to speculate, but I’ve done some research to see whether I could find any real-world factors that could become news in future.
- More cryptocurrencies on offer – crypto casinos will offer more than just the most familiar altcoins
- A bigger range of games – could this be the year for virtual reality, greater numbers of real dealer games, and other variations?
- More standard casinos welcoming crypto methods – altcoins are virtual currencies other than BTC, and more of those look set to turn up across the online casino landscape
New Bitcoin casinos open up a world of gaming you’ve never seen before
I’ve spent some time exploring various BTC casinos online and learned plenty about them, which I’ve poured into this guide. There are some perks to signing up at a new site rather than one that’s already up and running, and if you follow the tips and recommendations laid out here, you’ll find it easier to spot the best of them to play at. Remember to go through the banners and reviews here at GameChampions.com, as you’ll be able to see the best recommendations for players in your region.
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Answering more FAQs about new Bitcoin casinos
?? How can I find the latest Bitcoin casinos live online today?
Nothing beats doing some research, and since the online casino landscape changes every day, it’s even more important to keep abreast of what’s happening out there. The best way to do this is via GameChampions.com, where you can read reviews of new sites, features, and other components worth knowing about.
?? What is the best Bitcoin casino?
There are several contenders for this title, but it depends on where you live, as not all BTC casinos are available in all countries. Make sure you check availability before considering signing up anywhere.
? How do I know if a casino site is legit?
Check for a license for starters, and pay attention to which crypto casinos are transparent about ownership and where they’re based. It’s good to check for player reviews too, as you can learn a lot from those.
?? Do the best Bitcoin gambling sites accept players from around the world?
Most crypto casinos have restrictions on participation. You’ll usually be able to confirm this via the terms of use of a site. If in doubt, ask – but bear in mind you must know the laws in your location as well.
?? How do you receive a Bitcoin payout?
You must have a suitable wallet to receive the Bitcoin. You’ll need to share your wallet address with the casino, so they know where to send the funds.
