Welcome to BitcoinCasinosOnly.com! We provide you with trustworthy and latest information regarding Bitcoin casino and gambling. It is a new and dedicated genre of casinos where a player can gamble using Bitcoin in place of traditional money. You might find Bitcoin gambling a little confusing. Probably, you are having a number of questions. Don’t worry, you will learn everything that you need to know over here, so you can indulge in Bitcoin gambling right away and enjoy all the benefits of using this virtual money. Let’s start from the beginning.

Bitcoin games

Bitcoin Gambling: Gambling Online with a Digital Currency

In case you don’t know what is Bitcoin Gambling, study the virtual currency a bit before you visit any of the online Bitcoin casinos and start gambling.

What Is Bitcoin and How Does It Work?

Bitcoin is a cryptocurrency that was created in 2009 by one or a group of software developers who called themselves Satoshi Nakamoto. The primary motive was to introduce a new peer-to-peer online cash system that is not regulated by any bank or central authority bodies. Presently, it has a total value of approximately 9 billion U.S. dollar. It is also regarded as ‘digital gold,’ no wonder why.

Blockchain, the technology used ensures anonymity for the users making it a fast, safe and increasingly-popular method for making transactions. The BTC network depends on the Blockchain technology which is a shared public ledger. All the transactions made are stored in the form of a block. As more transactions are made, more blocks are added to it creating a chain. Without the spender’s verification, no trade can be processed which makes it a trustworthy payment option around the world.

A Brief Timeline of Bitcoin History

Like any other human inventions, even finance is evolving. BTC makes no exception to this evolution process. Let’s take a quick look how it has evolved to what it is today:

1998-2008. Before the establishment of BTC, several attempts were made to create online currencies. Bit Gold and B-Money are two such examples that we formulated, but never got developed.

2008. August 18th 2008, the domain Bitcoin.org got registered. October 31st 2008, A whitepaper named “Bitcoin: A Peer-to-Peer Electronic Cash System” authored by Satoshi Nakamoto was mailed to a cryptography mailing list.

2009. January 8th 2009, BTC was finally announced and soon after Bitcoin mining started.

2010. Since then, it was only mined. In 2010, someone decided to sell his – swapped 10000 for 2 pizzas.

2011. More contender currencies got introduced like Litecoin and Namecoin.

2013. Soon the price reached to $1000 per coin but it dropped to $300 suddenly.

2017. Over years, BTC got popular and the price crossed $10,000 in 2017.

Where Can I Get Bitcoin?

There are several ways how you can procure Bitcoin, but the most common way is by buying them from specialized cryptocurrency exchanges using your real-money (USD, Euro). You can also sell your products or services for Bitcoin. You can also accept all your payments in BTC.

Is Bitcoin a Good Investment?

If you believe in a futuristic peer-to-peer mode of payment, then BTC is likely to have a bright future ahead. Well, as we see it is not showing any signs of slowing down. However, BTC is highly-volatile. The prices are fluctuating a lot. So, you need to carefully choose the right time to invest in so you can make a considerable gain from it.

What Is a Bitcoin Wallet?

It is a software program that contains all the interactions with the Blockchain that allows users to receive and send Bitcoin and supervise the balance. It doesn’t store your coins, but the private and public keys. People need to sign off the ownership of their coins to transfer them to you. It isn’t an exchange of real money, but transaction record and change in balance in the BTC wallet.

How to Stay Anonymous When Using Bitcoins?

It is quite tricky to erase your digital prints and hide your identity but not impossible. The cryptocurrency is primarily not linked with anyone or any identity. Alphanumeric public addresses are used to maintain the Blockchain records and thus make a transaction – that means you email id, name or address is nowhere in the transaction. However, it can still be tracked using your IP and public address info. So, here are two most popular tips to stay anonymous when using Bitcoins:

Use Logless VPN. It doesn’t store your activities – making it difficult to locate you. You can opt for VPN service providers like VPNArea, AirVPN. Don’t go for any U.S. or UK based VPN service because they have strict surveillance law. Create New Address. Using HD wallets can generate new address every time you receive BTC. It may be confusing but good for ensuring anonymity. If your public address is exposed, or if the spender’s address is exposed, change your address.

Try these tricks, it will help you to erase your tracks.

How Bitcoin Casino Works: Things to Check When Choosing A Casino That Accepts Bitcoin

Today, the majority of the players are bored with the slow conventional payment methods which take them almost a few days to withdraw their money. Since the emergence of BTC in 2009, many things changed in the world of gambling too. Not only there are online Bitcoin casinos, but these days people are more confident to play casino with Bitcoin. However, there are so many platforms that it is tricky to find out trustworthy online casinos that accept Bitcoin. Here, we are going to focus on the main things that make white label Bitcoin casino.

How Does Bitcoin Casino Operate?

Before you play online casino with Bitcoin, you should learn how BTC casino works. While some casinos accept only BTC, some have it as an additional payment option. Such casinos exist around the world, however, they need to abide by the local regulatory jurisdiction. Depending on the games, there are different kinds of gambling websites that accept Bitcoin:

Casino

Sports-betting

Online lotteries

Spread betting

Depending on the gambling bitcoin games of your interest, choose the right site. The best option is to play at the best Bitcoin gambling websites that have both cryptocurrency and conventional payment methods. They work just like the traditional online casinos, but players can deposit and withdraw using this cryptocurrency.

Is the Casino Provably Fair?

Now that you know what Bitcoin gambling is, let us tell you what Provably Fair (P.F). It is a unique technology that is applicable only in Bitcoin Gambling. It uses BTC cryptography to cross-checking the games to ensure correct and fair play outcomes and improves your scopes of winning. Many platforms can provide proofs for providing provably fair games. Always consider it before you gamble Bitcoin at a gambling site.

Licenses & Regulations

Getting licensed is the toughest part of running an online casino, but this is something that players look first. Even if you are playing at traditional casinos, always go for the licensed and regulated ones. While regulatory authorities like MGA, Gibraltar, Isle of Man haven’t acknowledged BTC as a currency, but Government of Curacao, United Kingdom Gambling Commission have. The honest ones will site their license certificates on their homepage, which makes the Bitcoin casino legal. Those gambling sites failing to do so could not be trusted, because there is no authority body where the players can turn to in an undesired condition.

What Are the Casino’s Payment Terms?

Where you are playing at a free Bitcoins casino or with real money, comprehend what payment terms and conditions it has. Depending on the country, and Government jurisdiction, we can expect the different rule and regulation.

Does This Casino Offer Support?

Having an efficient customer support team is a strategy adopted by the top BTC gambling websites in the field. Whenever there is an awry condition or problem, a player needs quick assistance. Availing that instant service round the clock means that the casino considers the players’ need as its priority and cares about them. Always take it into your consideration before playing at online Bitcoin casinos UK.

Best Bitcoin Casinos 2020

To help you get started, we have collated a list of Bitcoin casino top 10 that have earned themselves many recommendations from the expert casino players for many good reasons. Here, goes our recommended top 10 Bitcoin casino list for you:

There is also a Bitcoin gambling list where you can play and wager on other sports or games other than BTC slots. A few names that worth taking includes CloudBet, Stake, Golden Star casino, etc.

Advantages of Using Bitcoin with Online Casinos

There are many advantages of using Bitcoin in online gambling. For example:

It is fast and secure comparatively than the other conventional payment methods which take days to process a transaction. All you need is a good crypto wallet and a legal BTC casino to get started in minutes. Provably fair gaming is only established in BTC gambling. It is something that you cannot get in traditional gambling method, thus more secure. Players can stay anonymous as it requires no personal data or financial information of your bank or credit cards to transfer the money.

Disadvantages of Using Bitcoin With Online Casinos

Though it’s fast and secure, there are a couple of drawbacks that this payment method possesses:

Since the cryptocurrencies are highly volatile, hence there is a risk of price fluctuation. It can increase or decrease by 20% to 100% in a single day so investing all your money in it is not recommended. Invest what you are okay to lose. Bitcoin may be faster than other traditional currency payment options, but other virtual currencies work faster than BTC. Moreover, it has higher transaction charges that other cryptocurrency.

Going Mobile: Using Bitcoin with Mobile Casino Apps

These gaming platforms can be of two types of the web-based ones and the downloaded ones. Unlike the online browser-based casinos, the downloadable casinos need the players to download and install casino software. The graphics and soundtrack are cached in the device, which helps the game to run faster. Most of the bitcoin mobile casino sites are compatible with Android, Windows, iPhone mobiles – some are web-based while some need mobile app download. Now, you can enjoy a wide range of free bitcoin games like slot, roulette, blackjack using BTC on your smartphones and tablets at bitcoin Android casinos or bitcoin iPhone casinos.

Top Bitcoin Gambling Sites: Our Top Recommended Bitcoin Casinos

We understand, finding the best gambling sites is pretty overwhelming. This is why we have handpicked top 5 casinos that have impressed us and earned our complete recommendations:

Fortune Jack. One of the oldest online casinos accepting payments in Bitcoin. It is a legitimate casino that holds the important licenses, features a wide array of provably fair games. It also features Live CryptoCurrency Games.

mBit Casino. People from all around the world, find it to be an excellent place to indulge in online gambling and sports betting. It got everything that a good online Bitcoin casino should be having; efficient customer support, secure platform, a spontaneous gaming interface, and many more. It requires no personal details of the players.

BetChain. No doubt, one of the top BTC gambling sites. It has everything that a trustworthy betting site needs; enhanced security features, mobile gaming, 24/7 customer support, top-notch collection off provably fair games, etc.

BitStarz. With more than 1000 games and no-deposit bonus, BitStarz has won almost every gamblers’ heart. Its customer service is honestly praiseworthy. It has several promotions and events running regularly.

Vegas Casino. A relatively new entrant into the world of BTC gambling – just more than two years old but managed to attract thousands of players with its good game collection. Mobile-compatible, live bitcoin casino games, along with enhanced security features, it is a good BTC casino to gamble at.

We suggest you go through these platforms yourself once and see how you personally like it before signing up. Evaluate the platform from every aspect then prepare your Bitcoin gambling strategy.

Games at Bitcoin Casinos

When choosing the casino site, go for one that offers a variety of games from renowned casino game manufacturers like Microgaming, Betsoft, NetEnt, Playtech and so on. A good Bitcoin casino offers different kinds of casino games like blackjack, bitcoin roulette, dice, bitcoin video poker, baccarat, keno, slots like popular Centurion Slot, Jammin Jars Slot, Kings Honour Slot, Deal Or No Deal Slot, The Million Pound Drop Slot and so on. In fact, some of the gambling sites offer sports betting services apart from casino games. Players should also consider the ones with provably fair games. Any bitcoin blackjack casino can offer a planty of ways to have fun!

Satoshi’s Secret Slot

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Bitcoin Casinos Promotions

Who says that only the famous casinos give the best welcome offers and promotions? Online Bitcoin casinos aren’t less by any means. Here, we have handpicked some of the best Bitcoin casino free bonuses for you:

There are large choice of bitcoin casinos with free spins. The offers mentioned here are the ones these casinos offering right now. Depending on the traffic flow, and trend, they are likely to change their bonus promotions meet the players changing differences. So, we recommend you to check the casino site’s running promotion once again before enrolling yourself in especially if you want to apply for bitcoin casino no deposit bonuses.

Conclusion

Bitcoin, the futuristic virtual, decentralized digital cash system has honestly revolutionized online gambling. It is fast, secure and discreet and nowadays the casinos are offering exciting bonuses on BTC transactions as well, all of which you can find at https://bitcoincasinosonly.com/bitcoin-bonuses/. No wonder, it has gained so much of popularity around the world. If you haven’t, then try it right away. One thing is for sure: you will not gamble with anything but BTC after that!