Many people are investing in cryptocurrencies such as Bitcoin, while others engage in day trading. Today, we’re instead discussing the type of crypto casinos that are the most common – Bitcoin casinos.
But what are the main reasons that people use crypto or BTC in particular, instead of normal fiat money? You might have a few qualified guesses, and below you can find out about our point of view. Check out the top 7 reasons according to CryptoLists.com and learn more about the benefits of using crypto instead of playing at real money casinos.
Get instant deposits and withdrawals
When you use the Lightning network in a simple manner for your Bitcoin deposits. It’s actually lightening fast. You money can be in your Bitcoin casino within 10 seconds, or even less if you’re lucky.
To beat that with fiat transfers, you usually have to get them confirmed by your bank before the transfer can be initiated. The average time for transfer when using fiat is between 20 and 30 seconds, so it’s at least double as quick when using Lightning network.
Keen on higher welcome bonuses?
Bitcoin casino bonuses are often considerably higher than those at traditional online casinos. In crypto, we talk about Bitcoin bonuses and as you probably know, one BTC is worth about 21500 EUR at time of publishing. Did you know that in the town of Arnhem Bitcoinstad, you can trade and do shopping with Bitcoin? What’s even better is when you can do gambling with crypto. The Bitcoin casino toplist from Crypto Lists showcases over 80 of the best sites and bonuses right now.
The highest bonuses is giving an impressive 3 Bitcoin in deposit bonus and 200 free spins. Try to beat that on a normal online casino! If you ever see any sign-up casino bonus that’s worth over 60 000 eur, please let Crypto Lists know. For those that want to get 3 BTC in deposit bonus, check out Hi Stakes. For those that prefer to have a higher percentage than a super high bonus figure, check out Stake Casino with 200% bonus up to 1000 eur. If you’d rather have weekly cashback than a high welcome bonus, then our best suggestion is Boomerang Casino with 15% cashback, every week. Or perhaps Heatz Casino with up to 20% weekly without wagering!
Lower or no wagering on bonuses
Many Bitcoin casino sites take pride in offering great wagering requirements. While the worst online casinos have 50-100x wagering requirement – eg. almost impossible – many BTC casinos have zero or 1x wagering. That makes it way easier compared to traditional online casinos.
Unique games with higher RTP
RTP or Return to Player, is a term that many casino gamblers care about. Bitcoin casinos in particular will often make sure to find the most rewarding games for their players, since they know that is what the customers like.
Crypto Lists showcase some of the newest casino games here, and they always write our the RTP value for every single game. While Aviator from Stribe is giving back 97%, the iconic crypto game Plinko is even better and comes in at 99%.
Yep, only 1% of the wagering goes to the casino, while 99% goes back to the players when playing Plinko. You can read more about Plinko here, or check out more about the developer that is called BGaming. You can also check out the toplist of the 300 best casino game developers here.
Enjoy some sports betting as well
Many of the best Bitcoin casinos also got a section for sports betting. Every day, you can play on football matches, on cricket, basketball and sometimes even golf or elections. The good thing is that it’s possible to bet with you own crypto – as long as you have it in Bitcoin.
While some sports betting sites also accept ETH for deposits, the undoubtedly most common cryptocurrency for deposit is BTC.
Do you love transparency? Try a decentralized casino
The most pure and transparent type of gambling sites are called decentralized casinos. They tend to have lower fees and they are always fully transparent since transactions take place on the blockchain. The main problem might be that there are not so many decentralized casinos yet.
Did you BTC gain in value? Have some fun
If you are one of the many lucky guys that bought Bitcoin rather early or at the right time, then you can as well risk a little and have some fun in the meantime. Check out the toplist of Bitcoin casinos – or the general toplist of all crypto casinos that Crypto Lists managed to review to date. Actually, if you got crypto in your wallet – then a well chosen wallet to wallet casino is the most obvious choice.
Bitcoin Casino IO is unfortunately not allowing players from your country, but we would suggest that you check out Crypto Games IO instead.