Find the very best cryptocurrency gambling sites for Canadian players in 2022 with this expert guide. Exclusive bitcoin bonuses, free tips, honest reviews, and much more.
Top Crypto Gambling Sites List (October 2022)
Bitcoin Gambling Guide
An exciting trend these days has been the merging of cryptocurrencies and online casino gambling. This is because of a growing need for fast transactions, flexibility, and anonymity for players. Cryptocurrencies allow all of this and more.
In this article, we’ll take a look at what crypto gambling sites are and how to find the best ones. We’ll also explain to you what makes them so beneficial for players looking for an elevated online gambling experience. Then, to finish off, we’ll answer a few frequently asked questions about crypto gambling sites.
What is a Crypto Gambling Site?
Crypto gambling sites are online casinos that accept cryptocurrencies as a payment option. They work exactly like a normal online casino, with the only difference being the payment methods available. That’s why, when you register with bitcoin gambling sites, for example, you still need to be aware of licensing information, game selection, customer support, and so on. Some of the best crypto casinos accept both crypto and fiat currencies, while others are exclusively crypto casinos.
Traditional money as we know it is called fiat money. It comes in a physical form and is controlled by governments and central banks. Cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, Litecoin, and so on are virtual funds that don’t have a physical form.
The biggest benefit and difference of crypto coins versus fiat money is that you can’t counterfeit or duplicate them. This is because there is a limited number of them available. When the world of crypto and online casinos converge, it means the transactions are immutable. In other words, you can’t cancel, block or manipulate the payments in any way, and so, crypto payments are more secure than normal money transfers.
For those with an eye on the future, some crypto casinos are evolving to include blockchain technology. With it, players can use their winnings across different crypto-related projects via play-to-earn models. This is something you won’t get at a traditional online casino.
How to find the best crypto gambling sites
When it comes to finding the best crypto gambling sites, you need to consider your preferences. These can include factors such as the range of live casino games, the cryptocurrencies accepted, or how fast the customer support team responds to queries. Nevertheless, this guide can help you find a top crypto casino to join.
There are thousands of cryptocurrency coins out there. You want to make sure that the casino you join accepts your preferred altcoin. You’re likely to find the bigger coins such as Ripple, Bitcoin, Ethereum, and so on. But if you’re interested in the lesser-known ones, you may need to look carefully.
Of course, you need to make sure that, after you go through the process of creating a new account with a bitcoin casino, your favorite games are available. Ideally, you want to look for bitcoin gambling sites offering a wide range of game genres from top providers. If you love specific game types like jackpot slots, for example, then check if the best ones are offered. Also, having live dealer games from a top provider such as Evolution Gaming gives you an idea of the quality of games available.
Legal in your jurisdiction
To protect yourself from illegitimate casinos, you should check for licensing and registration information. If a crypto casino is licensed to operate in your state, it means that they are regulated. You can be assured of high-quality security software and fair gaming.
All of this is important for ensuring that you’ll get to enjoy a safe and thrilling online gaming experience without worrying about breaking the law.
One of the most effective ways of learning more about a crypto casino experience is by reading customer reviews. Check social media sites and forums to see what ordinary gamblers have to say about the site you’re interested in. That way, you know you’re getting a neutral and unbiased opinion of the crypto gambling sites you’re thinking of registering with.
Loyalty programs and rewards
If you’re interested in getting rewarded for being a loyal customer, then you might want to check out the casino’s loyalty program. Some are easier to rack up rewards than others. You’ll need to check if there are steep requirements and whether the rewards are worth it at the end of the day.
Benefits of crypto gambling sites
To get a full understanding of why people prefer crypto and bitcoin gambling sites over normal fiat ones, you need to understand the benefits. You can weigh these against other casinos to see if it’d be worth joining.
When you have a cryptocurrency account, your name and bank account are not connected with it, so your personal data is hidden during any transactions. While the transaction is visible to all, there are no personalized characteristics that’ll make you identifiable on the crypto ledger. Furthermore, some crypto casinos allow you to create completely anonymous gambling accounts where you don’t have to reveal your personal information at all. In addition, you don’t have to worry about your gambling activities ending up on your bank statement.
Because of how blockchain technology works, it’s next to impossible to cheat when it comes to making crypto payments. Due to the crypto public ledger, you can check and verify all transactions. You’re able to prove that you completed a payment or that the casino sent your Bitcoin to you.
Cryptocurrencies are not connected or controlled by governments or banks at all, making them decentralized. This means you own any cryptocurrency you have in your crypto wallet. So, as you place bets and win at a crypto casino, you can get your payouts without fear of the transactions getting blocked or frozen.
Since no governments or banks control bitcoin and other cryptocurrencies, transactions can be completed internationally without restrictions. So, if the online casino you’re playing with is located offshore, you don’t have to worry about payments failing to get completed.
Some regular online casinos sometimes have high transaction fees for deposits and withdrawals. Others offer fee-free transactions, but there might be a fee from the payment provider’s side. This is especially true for card transactions and withdrawals from e-wallets to bank accounts.
However, with crypto transactions, the fees are a lot lower in comparison. This means that when you move money between your wallet and the casino, more is available for you to keep.
How to deposit and withdraw at a crypto casino
An important part of playing at any casino is the ease of transacting. You want to be assured of a quick and easy process that’ll help establish trust with the casino. With crypto and bitcoin gambling sites, it’s no different. Below, we give you a quick guide on how to deposit and withdraw from a crypto casino.
Making a crypto casino deposit
To get started, you need to have a crypto wallet with some digital coins in it. This is the only way to make a deposit on crypto gambling sites that don’t accept fiat currencies. However, you may also be able to buy crypto directly on the casino site using your normal banking card, but you’ll still need a crypto wallet for a withdrawal. Here’s how to make a deposit:
- Log in to your crypto casino account
- Head to the cashier or click on the “deposit” button
- Select your preferred cryptocurrency
- Open your cryptocurrency wallet
- Enter the amount you want to deposit into your crypto casino gambling account
- Complete the transaction and start betting
Making a crypto casino withdrawal
While normal fiat casinos take a while for payouts to be completed, crypto gambling sites have the advantage of offering faster withdrawals. The online casino will still have a pending period, during which it checks that any wagering requirements have been fulfilled, your account is verified, and so on. However, once this period is complete, the speed of the transaction depends solely on the blockchain being used and the number of authentications needed. The transaction doesn’t have to go through any bank verifications and so, it’s a lot quicker, usually seconds to minutes. This is how to withdraw your crypto casino funds:
- Go to the cashier section of your account
- Select withdraw
- Choose your preferred cryptocurrency for withdrawal
- Enter the amount you want to be paid out
- Specify the unique address of your crypto wallet
- Confirm the withdrawal request
To wrap up, let’s take a look at some of the most commonly asked questions about crypto and gambling sites. This will help you get a quick understanding of the main topics you should be concerned about when you are looking for good crypto gambling sites.
What Games Are Available At a Crypto Gambling Site?
A good crypto casino will have as many good quality games as a standard, fiat casino. Just because the casino accepts cryptocurrency doesn’t mean you have to compromise on game choices. Expect to see some of the best games in each game type from top providers at the best crypto gambling sites.
Which Cryptocurrency Is Best For Gambling With?
This is a personal choice. One crypto is not necessarily better than another. However, some cryptos are more popular than others and are more likely to be found at crypto gambling sites. These include Bitcoin, Ethereum, Litecoin, Dogecoin, Ripple, Tether, and so on.
Are Bitcoin Gambling Sites Legal?
This depends on the laws of your region. If online gambling, in general, is illegal in your state, then bitcoin casinos are also illegal. They are regulated by the same body because, at the end of the day, the only difference between fiat casinos and crypto casinos is the preferred currencies in use.