Bitcoin Casinos

The dramatic explosion in the value of Bitcoin in 2017 caught everyone's attention. It significantly raised the profile of all digital currencies. In fact, Bitcoin is only one of several such currencies currently available. But it is the most well-known, and the value of Bitcoin has been the subject of endless debate and discussion in recent months.

This rise in the awareness of Bitcoin has inevitably led many online service providers to consider accepting the currency for transactions, including online casinos in South Africa. The number of South African casino sites that offer Bitcoin as a payment method has been increasing steadily, and the appeal of Bitcoin to South African players is obvious.

Bitcoin provides a secure and simple method of carrying out financial transactions and is set to revolutionise the way we think about money. So, how does Bitcoin gambling work?

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By Adiela de Bruyn - Updated 2024/02/08 - Estimated reading time: 16 minutes.

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Bitcoin Casinos
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Bitcoin Gambling

Bitcoin gambling is simply the process of using cryptocurrency, particularly Bitcoin, for online gambling. Instead of funding your casino account with cards, e-wallets, or other popular payment channels, players in South Africa utilise Bitcoin.

When you use Bitcoin with casinos in South Africa, there may or may not be a processing fee to pay. If at all, the amount is usually low and compares favourably with the charges you can expect when using credit cards or other banking methods.

As soon as you set up your account with the casino, you can make Bitcoin and other crypto transactions. Any casino that accepts Bitcoin will make it simple for you to make your deposits and withdrawals via an FAQ section and a full guide covering the steps involved in Bitcoin transactions. You can also contact the casino's customer support section if you need help using the site's Bitcoin functionality.

Once you are familiar with how it works, the process of putting money into your account using Bitcoin is quick and easy. Transactions are usually completed in a few minutes and your money is then available to use on the casino games of your choice.

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How To Obtain Bitcoin

Although digital currencies have a reputation for being complicated, the process of acquiring Bitcoin for use in the best Bitcoin casino is straightforward. The most important aspect is to obtain your Bitcoin from a reputable source. There are several well-known Bitcoin exchange services available.

We recommend you look around online to find the one with the best reputation or that suits your needs. You can also obtain Bitcoin through bank transfers, payment vouchers, credit cards, or e-wallets.

Once you've decided on the most convenient payment method, you can then buy your Bitcoin. The price of Bitcoin fluctuates a great deal, so make sure you do your research before taking the plunge. This is to ensure that you are getting the best price.

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Top Bitcoin Casinos

One of the advantages of Bitcoin online casinos is that unlike regular casinos, which are sometimes restricted to residents of particular countries, most crypto casinos can be accessed and played by South Africans. Bitcoin also offers a more convenient currency option than exchanging Rand for dollars, which can be expensive.

The standard Bitcoin casino will provide players in South Africa with a familiar choice of casino games. Which should not be significantly different from those you would find at any South African casinos. There are no specific bitcoin casino South Africa sites, but most are global and accept players from most countries.

As far as security and fairness go, Bitcoin is one of the safest currencies you can use. Reputable crypto casinos employ testable protocols, provably fair games, and the latest in banking industry-standard encryption to ensure your gaming experience is safe.

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How to Choose the Best Bitcoin Casino

The best Bitcoin casinos operate the same way as traditional casinos. The process of finding them is even more complicated since most people don’t know how cryptocurrency works compared to bank transfers and other popular payment methods. That said, pay attention to the following to identify reputable casinos:

Licensing and Regulation

A casino’s license information is the most crucial requirement to consider. The reason is that a permit validates an operator’s legality. Apart from this, it shows they follow industry best practices and conform to standards.

For instance, regulations around player protection, random number generators, and keeping funds in separate accounts. Renowned licensing bodies include the Malta Gaming Authority, Curacao, and the UK Gambling Commission.

Crypto casinos wear their license like a badge of honour. Hence, more often than not, the online casino site will display it on their homepage. Avoid crypto casinos without any licensing information.

Security and Reputation

Another factor to consider is security, including what the best Bitcoin casino and players are talking about. Crypto casinos have built-in anonymity, which is one of the advantages over fiat casinos. We recommend looking for websites with encryption technology like SSL to guarantee player protection. Also, read reviews to see if the casino delivers on its promise.

Game Selection and Bonuses

The more games a Bitcoin casino offers, the better it will cater to your preferences. Titles in the lobby include slot games, classic table games, and card casino games. Likewise, progressive jackpots, live casino games, and other popular games.

Apart from the casino games, compare the deposit bonuses offered by different Bitcoin casino sites. Pay attention to the terms and conditions, including the wagering requirements so you can get the best from them.

Mobile Compatibility and User Experience

For players that prefer online gambling on the go, a mobile-friendly Bitcoin casino is a must-have. You either need a casino with a dedicated app or the website is responsive across various devices. By extension, choose a casino with an intuitive and user-friendly interface, as it improves your overall gaming experience.

Responsible Gambling Feature and Customer Support

Responsible gaming tools prevent problem gambling and provide a way for players to protect themselves. Examples include:

  • Self-exclusion
  • Deposit limits
  • Reality checks

A crypto gambling site with these tools demonstrates they have the player’s best interests at heart.

Meanwhile, test the customer support channels to track their speed and responsiveness. Ensure the best Bitcoin casino provides multiple ways to contact customer service. Channels to look out for include a phone number, live chat, email, and FAQ section.

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How to Sign Up for a Bitcoin Casino

The registration process in a Bitcoin Casino is easy. First, you must follow the tips above to find reputable Bitcoin gambling sites. Then, do the following:

  • Browse a list of popular Bitcoin casinos and choose anyone that aligns with your preferences. Quick tip - all crypto casinos offer Bitcoin deposit and withdrawal.
  • Visit the Bitcoin casino website and click REGISTER or SIGN UP
  • Fill out the registration form by entering your username, password, and email address.
  • Verify your email and log in to your account.
  • Navigate to the DEPOSIT or CASHIER section and fund your account with Bitcoin.
  • Explore the game library to start playing casino games.
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How to Fund Your Account Using Bitcoin

The process of adding money to your Bitcoin casino account via Bitcoin can be complicated for people who have never interacted with cryptocurrencies. Follow these steps to complete the deposit:

  • Log in to your casino account
  • Visit the deposit section
  • Choose Bitcoin as your preferred deposit method
  • Generate a deposit address or scan the QR code
  • Open your Bitcoin wallet and initiate a transfer. To do this, paste the casino’s deposit address into the recipient field or scan the QR code.
  • Enter the amount of Bitcoin you want to deposit
  • Confirm the transaction and wait a while for the transaction to reflect in your betting account.
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Bitcoin Casino Bonuses and Promotions

Bitcoin casinos award deposit bonuses and promotions for new and existing players in South Africa. Although the move is strictly for marketing purposes, it provides South African players with an edge. It allows gamblers to try casino games without risking their money and increase earning potential.

The most popular bonuses you will find are:

Welcome Bonus

The welcome bonus is the most popular promotion in a Bitcoin casino. It is open to new players in South Africa and can take different forms. For example, a percentage match on the initial deposit or free spins. Either way, it provides extra funds to gamble with.

Deposit Match Bonus

This type of bonus matches the user’s first deposit by a specific percentage, often 100% or more. It comes with wagering requirements, a time limit, and a minimum deposit amount.

No Deposit Bonus

This type of bonus does not require players to deposit funds into their accounts. Think of it as free money. As a result, it is rare. Like its counterpart above, the no-deposit bonuses come with terms and conditions.

Free Spins

Free spin is one of the most popular crypto casino bonuses. Most websites offer free spins as a standalone bonus or together with another one. For instance, 1 BTC + 100 free spins. The exact number of free spins varies between casinos, and the offer comes with terms and conditions.

Playing at Bitcoin casino sites is exciting. However, it gets even better with a bonus. A word of caution – be careful with bonuses. One factor that determines whether to take a crypto casino up on its offer is the terms attached to the promotions. They include the wagering requirements, time limit, and minimum deposit.

The wagering requirement is the number of times a South African player must wager the bonus and deposit money before a withdrawal is possible. It is often donated with “X”, say 40X. Likewise, the time limit is the duration that the offer is valid for, and the minimum deposit is the least amount to fund before a player qualifies for the offer.

Players who fail to meet the wagering requirement within the timeframe will forfeit the bonus and associated winnings. Hence, check to ensure the terms are favorable before grabbing the promotion.

Apart from the three bonuses above, most Bitcoin casinos award reload bonuses, birthday and seasonal promotions, and free cash-to-play games. As usual, they often come with deposit fees.

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The Advantages of Bitcoin Gambling

Using crypto to play Bitcoin casino games provides players with several advantages. Once you have become familiar with how the currency works, you will find that Bitcoin is much more convenient than other methods of banking. The blockchain technology that makes Bitcoin possible ensures an extremely high level of security.

The benefits of crypto gambling with Bitcoin are:

Anonymity

Privacy is the biggest advantage of Bitcoin casino sites. Unlike other payment methods, players don’t need to disclose their personal information during transactions. Cryptocurrencies operate on a decentralised network. In other words, no central authority oversees transactions.

Apart from this, there is limited third-party involvement. Plus, private wallets and cryptographic techniques make transactions untraceable. Therefore, it is perfect for individuals who want to keep their gambling escapades private.

Fast and Global Transactions

Bitcoin is among the fastest payment channels in casinos. In fact, it is the most popular in Instant Payouts casinos. Regardless of the location, players, including international gamblers, receive payment within minutes. Plus, since Bitcoin operates on a decentralised network, players can use it without facing restrictions from traditional financial institutions.

Reduced Transaction Cost

Bitcoin transactions have low fees compared to credit cards and other traditional payment methods. Players don’t incur anything on currency conversation and similar charges.

Absolute control over the Bitcoin wallet helps players manage their money without relying on banks and intermediaries. Lastly, Bitcoin transactions are irreversible, eliminating the risks of chargebacks and protecting players against fraud.

The blockchain technology is one of the most secure. Transactions are immutable and cannot be altered. Hence, no one can manipulate transactions to reflect the wrong figures. Besides, cryptocurrencies are not subject to inflation like traditional currencies. Bitcoin is an excellent choice for individuals who want to protect their funds from devaluation.

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Disadvantages of Using Bitcoin for Casino Gaming

Of course, there are some disadvantages to using Bitcoin for casino gaming. The number of Bitcoin virtual casinos available to South African players is relatively small, and while that number is growing, there is a smaller range of other crypto casinos to choose from than with conventional payment methods.

There is also a period of adjustment involved in using Bitcoin. However, once you understand the basics of how it works, Bitcoin is straightforward to use. Other disadvantages of using Bitcoin are:

Volatility Risk

Cryptocurrency is highly volatile, especially Bitcoin. This volatility may affect the value of your money, increasing or decreasing it. When Bitcoin's price drops significantly, the value of your winnings or deposit suffers a similar fate.

Limited Regulation

The crypto space is evolving, and there are still a lot of grey lines. As a result, some crypto casinos that offer Bitcoin operate in countries with limited or no regulation. This raises questions about security, provably fair games, and dispute resolution.

Security Risk

Bitcoin transactions are irreversible. In other words, once you make a transaction, that is it. This feature is a big disadvantage in case of accidental transactions. Individuals must take various precautions to secure their wallets and private keys. Players who are not familiar with crypto security practices risk hacking or phishing attacks.

Apart from this, individuals must take various precautions to secure their wallets and private keys. In the end, players who are not familiar with crypto security practices risk hacking or phishing attacks.

For players unfamiliar with Bitcoin, learning it can be a hassle. They must learn how to set up a Bitcoin wallet, manage private keys, and do other things necessary to complete transactions. Similarly, the overall game selection in a crypto casino library is limited.

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Available Games in the Best Bitcoin Casinos

The best Bitcoin casinos offer various exclusive games, similar to the ones you will find in traditional online casinos. The most popular categories you will find include:

Slots

Slots are by far the most popular games in Bitcoin casinos. These operators collaborate with renowned game providers to offer top-quality games featuring responsive graphics, immersive gameplay, and captivating sound. Some of the industry's top providers include Microgaming, Evolution Gaming, Pragmatic Play, and Playtech.

Bitcoin casinos offer a wide range of slot categories, including classic slots, video slots, and progressive jackpot games. Popular titles include Thunder Struck II, Mega Moolah, and Book of Ra.

Table and Card Games

Online Bitcoin casinos feature a variety of table and card games in different variants to cater to player preferences. The best Bitcoin casino sites offer classics like blackjack, baccarat, and roulette in various versions, including classic, European, American, and French. Poker enthusiasts can also enjoy games like Texas Hold’em, Omaha, and Seven Card Stud. Additionally, players can both deposit and withdraw money using Bitcoin or Bitcoin Cash at the best crypto casinos.

Live Dealer Games

Bitcoin casinos replicate the experience of land-based casinos by offering live dealer games that are streamed from a studio or a physical casino. Real dealers or croupiers host these exclusive games, allowing players to immerse themselves in the excitement of a land-based casino while gambling online. Popular live dealer games include baccarat, roulette, and blackjack.

While Bitcoin casinos may have fewer exclusive games compared to traditional casinos, some of them offer their own unique games. For example, Lucky Block Casino features exclusive games. In addition to the categories mentioned above, other popular casino games available on top crypto casino sites include:

  • Specialty games: Bitcoin bingo, keno, pinko, and minesweeper.
  • Bitcoin lottery and virtual scratch cards.
  • Bitcoin dice, sic bo, and pocket dice games.
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The future of bitcoin casinos

At the moment, there are relatively few best crypto casinos that accept Bitcoin in South Africa, but that is changing rapidly. In the future, as the currency becomes more widely accepted, the Bitcoin online casino sector is likely to experience huge growth. In a few years, digital currency may become the most common method of funding online crypto casino play.

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Frequently Asked Questions About Bitcoin Casinos

Is a Bitcoin or crypto casino legal in South Africa?

Yes, it is. In recent years, South Africa ranked high among countries actively using cryptocurrencies. Hence, players can enjoy playing Bitcoin casino games without violating any regulations.

Are Bitcoin casinos safe?

Bitcoin casinos are safe, provided you pay attention to the tips mentioned above. Ensure the website is licensed by a reliable gambling commission. Likewise, read reviews and take your time to check the crypto casino offerings to ascertain their legality. That aside, most online Bitcoin casinos implement RGNs for provably fair games and SSL encryption and are audited by a third-party agency to ensure a safe playing environment for everyone.

What are the advantages of funding your account with Bitcoin at online crypto casinos?

The benefits of using Bitcoin casino online include increased privacy, the fastest transaction, lower fees, and exclusive crypto bonuses.

Can I deposit in another cryptocurrency in the best crypto casino?

Many crypto casinos allow players to fund their accounts using other cryptocurrencies and play casino games. The best crypto casinos like Lucky Block Casino allow Bitcoin cash, Ethereum, Litecoin, and other popular cryptos.

Author: Adiela de Bruyn

Adiela de Bruyn

Adiela de Bruyn, our founder, launched this site in 2016. Since then, she's written over 100 pages filled with crucial info to enhance your gaming experience. Her goal? To provide you with the best, most reliable online casino knowledge.

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Article published 2020/09/07