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Betbeard is the best bitcoin casino, according to our careful analysis of the bitcoin gaming world, we compared welcome bonuses, casino promotions, withdrawal speed and other factors. Betbeard has great customer service, offers thousands of slot games, and allows its players to use VPN and pays out winnings momentarily.
What is a Bitcoin casino?
Bitcoin casinos are online casinos that accept cryptocurrency as a payment method. They are known for their high level of security due to the anonymity that blockchain technology offers users.
One of the best features offered by Bitcoin casinos are instant deposits and withdrawals. You no longer have to wait several days for your funds to be transferred between banks or credit card companies: with Bitcoin, transactions are completed much more quickly and easily.
Bitcoin casinos also offer a wide variety of games to choose from, including traditional casino favorites such as slots, poker, blackjack, roulette and baccarat. In addition, many Bitcoin casinos offer live dealer games such as baccarat or roulette played with real-life dealers.
They are created using blockchain technology, which ensures that all games are fair and also provable.
List of the best Bitcoin casinos
Currently, there are over a thousand Bitcoin casinos available online, which makes it difficult to know which ones are really the best. We have done some research and compiled a list of what we believe to be the 3 best Bitcoin casinos of 2023.
- Betbeard online casino is our number one choice. It offers a wide range of games, some of the most competitive bonuses and promotions in the industry, 24/7 customer support and fast processing times for deposits and withdrawals. The welcome bonus includes four steps, including a 100% bonus on the first deposit up to $300, a 50% bonus on the second deposit up to $300, a 75% bonus on the third deposit up to $300, and a 100% bonus on the fourth deposit up to $300. Betbeard offers free spins for every deposit, and what’s more, they offer a 7% cashback every week.
- Betheat is another fantastic Bitcoin casino, with a wide selection of games and excellent bonus offers and promotions. The welcome bonus includes a four-step welcome package totaling 350% up to $850. Deposit bonuses also include free spins, which can be used on a selection of slots and other games. Betheat offers weekly tournaments with some great prizes up for grabs, including luxury vacations, gadgets and casino cash. The VIP program is what sets Betheat apart from other casinos, offering 14 different levels, the higher you get the bigger the gifts.
- Bitstarz casino completes our list of the best Bitcoin casinos in 2023. It offers a wide range of games, including live casino games and classic slots. Bitstarz also offers an attractive welcome bonus, weekly reload bonuses, weekend cashback, a VIP loyalty program with many benefits for regular players, and 24/7 customer support.
How to play in a bitcoin casino
Playing in bitcoin casinos is a fun way to play online with your cryptocurrency. The process is quite simple:
- Create an account at the bitcoin casino of your choice, making sure you choose a complex password and keep it in a safe place.
- Go through the verification process: this will be required before you can make deposits or withdrawals from your account.
- Once your account is verified, you can deposit funds into your Bitcoin casino via a variety of methods. This could include direct bank transfers, credit cards, or other cryptocurrencies such as Ethereum and Litecoin.
- Choose the game you want to play: there will be a wide selection available on most Bitcoin casinos, including classics such as slots, poker, blackjack, roulette and baccarat. You can also play games with live dealers or participate in tournaments.
- Place your bets and start playing – it’s that simple! Withdrawing money from Bitcoin casinos is just as easy, allowing you to get your winnings quickly and easily into your bank account.
If you want to enjoy the best that Bitcoin casinos have to offer, we highly recommend creating an account with Betbeard, Betheat or Bitstarz today.
How to deposit into a Crypto Casino
The first step is to create a Bitcoin wallet, which is where your bitcoins will be stored. There are several options, including online wallets and hardware wallets, which you can find out more about on the Bitcoin website.
Online wallets like Coinbase and Binance are easier for newbies to use, but hardware wallets like Trezor are more secure and generally used by experienced cryptocurrency investors. The difference between online wallets and hardware wallets is that while online wallets are stored on the Internet and thus more vulnerable to hackers, hardware wallets must be connected to a computer or smartphone to access them.
Once the wallet is set up, the next step is to buy bitcoin from an exchange such as Binance or Coinbase. Many people prefer to use exchanges because they allow the
After setting up your wallet, you will need to buy bitcoin from an exchange or broker-one of the best ways to do this is through Coinbase.
The next step is to send the cryptocurrency to your casino account from the exchange. The process is fairly simple and most exchanges will have detailed instructions to guide you through it.
When you register for an account at the bitcoin casino of your choice, you will be asked to choose a password-make sure it is strong so that your account will not be compromised by someone hacking it.
How to withdraw from a bitcoin casino
Cryptocurrency withdrawals are extremely fast, Betbeard processes them in 15 minutes and the bitcoin transfer takes another 15-20 minutes to arrive in the player’s wallet.
Each casino will have its own set of rules and terms regarding withdrawals, so be sure to check them before you start playing to avoid problems in the future.
Bitcoin casinos like Betheat, do not require verification, so players do not have to provide documentation in addition to providing more options for depositing and withdrawing.
To withdraw your money from a Bitcoin casino, you must first make sure you have met wagering requirements or other conditions that may be in place related to the bonus you received.
How to find a good crypto casino
Finding a reputable bitcoin casino is the key to having fun playing online. There are many scams and poorly run bitcoin gaming sites, so it is important to do a little research before choosing one.
Some of the key things to look for when choosing a cryptocurrency casino include:
- Reliability-The first step is to check if the site is licensed by a regulatory body such as the UK Gambling Commission (UKGC) or the Malta Gaming Authority. credible sites are typically granted licenses after proving their reliability, so this will be a good indicator of whether or not you can trust them.
- Reputation -Be sure to read the online reviews of the casino you want to sign up with, as well as their ranking on forums such as Bitcointalk. On these types of platforms, players usually discuss both the positive and negative aspects of different casinos.
- Bonuses – Many bitcoin gaming sites offer bonuses to newbies or ongoing promotions to engage bettors. Many players are attracted to the big bonuses, but always read the T&Cs! Some sites will have wagering requirements (meaning you must wager a certain amount before you can withdraw) while others limit the games that can be played with bonus money.
- Banking options: a decent bitcoin gaming site will offer various banking options for deposits and withdrawals, such as a credit card, e-wallets (Skrill or Neteller) and cryptocurrency. After locating a site that has all these features, it’s time to create an account and start playing!
Crypto casinos vs. online casinos
The main difference between bitcoin casinos and regular online gambling sites is the license they hold; while crypto casinos are mostly regulated by an offshore jurisdiction with extensive regulation, regular online casinos are regulated in their local territories such as the UK Gambling Commission. This makes bitcoin casinos much more flexible and easier to manage than nationally regulated gaming sites. Bitcoin casinos are therefore cheaper to run and more attractive to players, as their lower costs allow them to offer higher bonuses, more free spins gifts, and higher odds for sports betting enthusiasts.
Bitcoin casinos also have a lower house advantage in that they do not pay in legal currencies, so they need less to cover their costs while players play with bitcoin or other cryptocurrencies, and the transaction fees are much lower than those of regular currencies.
The term crypto casino is a misnomer because these sites accept and process payments in various types of cryptocurrency. Some of the most popular include Ethereum, Litecoin, Dogecoin and, more recently, Bitcoin Cash.
Since these currencies are decentralized and not controlled by any bank or government agency, they are much fairer than standard online casinos that rely on fiat money to operate.
The other big reason why crypto casinos are becoming so popular is that they allow players to remain anonymous and keep their gaming habits more private. This is especially important for those who live in countries where access to online gambling sites may be difficult or illegal.
Provenly fair games in crypto casinos
The other main advantage that crypto casinos hold over online gambling sites is the availability of provably fair games. Because bitcoin casinos are based on blockchain technology, they allow players to verify the casino’s random number generators (RNGs) and ensure that the games are fair.
This is done using a cryptographic technique called hashing, which involves running a random string through an algorithm to create a unique output.
By using this same process on all of their RNGs, crypto casinos can prove without a shadow of a doubt that their games are indeed random.
The provably fair game is still relatively new in the bitcoin gambling world, but we can expect to see more casinos adopting this solution in the future.
How to play at Bitcoin casinos with VPN
VPNs allow players to open thousands of slot games no matter where they are.
VPNs also allow players to customize their game settings and change their location, so they can find the best bitcoin casino bonuses. For example, European players can play at bitcoin casinos based in Canada thanks to VPNs.
Using a VPN can also blacklist players from certain websites. For example, if a player is blacklisted at one casino because of abusive gambling, he can use his VPN to gamble at another casino anonymously.
When looking for a Bitcoin Casino, always find one that offers a sign-up bonus. This will help you get started with the freebies. This will also help you test the games and go to the casino to see if it is for you.
Another important feature of Bitcoin Casinos is their mobile compatibility. If a site offers a mobile app, that is even better. This will allow you to play on the go anywhere in the world.
Also check if the casino offers an impressive range of deposits and withdrawals. Some casinos offer instant payouts, so you can start playing the moment you make your deposit.
Privacy is also a concern for many gamblers when looking for a bitcoin casino. Because many bitcoin casinos do not require financial details, such as name, address or bank account information, they are perfect for those who play anonymously.
If you want to play on an honest casino, look at the games they offer. Many casinos offer demonstrably fair games that can be verified by players. This ensures that they are safe and fair for all players.
Sports betting sites with Crypto
Betbeard offers a wide variety of sports betting markets covering the world’s most popular sports. Unlike other betting sites, Betbeard accepts cryptocurrencies in addition to regular legal currencies to make deposits and withdrawals easier for players around the world.
Betbeard is also a licensed gaming operator that regularly undergoes audits by independent third-party companies to ensure that their fairness standards are up to par.
Betting with Bitcoin is great as it is anonymous and players can do so anywhere in the world.
*This article was paid for. The Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2022/11/08/best-bitcoin-casinos-2023/