What Is The Legal Status Of Bitcoin In The United States?
Establishing legal status is the most important part of verifying an online gambling brand. Most countries have gambling laws that permit online gambling as long as the site is legally licensed and regulated. Licenses are issued by the presiding government and regulation is handled by the corresponding gaming commission. Users can find the licensing information on the site’s homepage; reputable gambling sites should make their licensing credentials readily available.
Do These Bitcoin Gambling Sites Accept US Players?
Yes. We have Bitcoin gambling sites that accept US players. Some sites may restrict players from certain states, but there are options for people in all 50 states.
What Type Of Betting Options Can I Expect From Premium Bitcoin Gambling Sites?
The Bitcoin gambling sites we recommend feature all aspects of the online gambling spectrum. This includes Bitcoin casinos, Bitcoin poker sites and Bitcoin sports betting. You will find hundreds of casino games including slots, video poker, blackjack and roulette as well as additional table games. Specialty games such as Bingo and Keno cater to bettors with more specific tastes. Their sportsbooks feature betting lines from sports and leagues around the world. The online poker rooms offer multi-hand and multi-table gaming options as well as a tournament platform.
How Do I Know If A Bitcoin Gambling Site Is Fair?
Part of the reputation established by these online gambling software providers is fairness. The sites recommended on this page all use Random Number Generator (RNG) technology in their games. RNG technology works through algorithms that create randomized slot and card draws. There are companies dedicated to testing this RNG technology to guarantee compliance, as this technology is subject to frequent inspection. Most reputable gambling sites will have their certifications present on their homepage.
Bitcoin gambling sites have their own added layer of fairness compliance through provability technology. Provability also works through algorithms. Data from each bet is converted into a cryptographic hash function, which is a type of data input/output that is specifically assigned to one instance. In the case of online gambling sites, each bet you place will be assigned its own hash. These hash functions are difficult to decode or break, and any such occurrence would lead to a different hash output result. When placing a bet, the online gambling site will assign a seed number. This is hashed and sent to the player. The player will then add their own seed and the bet executes. Once the bet is complete, the player will receive the seed used and can test to see if there was any interference or tampering. If all the numbers match up then there has been no interference. Provability testing is the first case of players being able to test the fairness of their bets in real time. It creates a comforting sense of transparency between the gambling site and the player.
Do All Bitcoin Gambling Sites Incorporate Provability Testing?
No. Provability technology is still up and coming. It is in the process of being rolled out, but more and more Bitcoin gambling sites are beginning to integrate the technology into their platform. Eventually, provability technology will likely be in all Bitcoin gambling sites.
Are There Bitcoin Bonuses?
Yes. When looking for a reputable Bitcoin gambling site, we check for bonus and promotional offerings. Not only do our recommended brands have generous welcome bonuses, they also have Bitcoin-exclusive bonuses to further incentivize using the digital currency as your transaction method. There are bonuses for each facet of our suggest brands—the online casinos, poker rooms and sportsbooks. The bonuses differ in how they are given out, match bonus percentage, amount of times redeemable, among others. Below you will find a breakdown of the Bitcoin bonus offered by some of our recommended sites: We verify that the bonuses include wagering requirements that are reasonable and attainable.
Bitcoin Bonuses At Our Recommended Gambling Sites
Bovada – Bovada’s Bitcoin bonus is more generous than their welcome bonus. Users are granted a 50% match bonus up to $500 in the sports betting section and a 150% match bonus up to $1,500 in the online casino. The casino bonus is redeemable up to 3 times. This means that Bovada’s Bitcoin bonus gets players up to an additional $5,000.
Café Casino – Café Casino is part of the Bovada brand, but has a different Bitcoin bonus. Café Casino has 2 different bonuses available to users of the cryptocurrency. The first is their No-Max Bitcoin Welcome Bonus that gives players 150% up to $1,500. This bonus requires a 25x playthrough before any winnings can be withdrawn. The second bonus is their Super Play Bitcoin Welcome Bonus, which grants 600% up to $6,000. This bonus is subject to a 35x playthrough requirement and a max cash out of 10x the deposit value.
Slots.lv – Slots.lv is another Bovada affiliate and has a lucrative Bitcoin Welcome Bonus that can lead to $7,500. Players will have a 300% match bonus up to $1,500 on their first deposit. There is a 150% match bonus up to $750 on their next 8 deposits. In order to receive the maximum bonus amount, players have to make a minimum $500 deposit each time. There is also a 35x playthrough requirement.
Ignition – Ignition is the last Bovada affiliate covered in our list of brands. Their Bitcoin Welcome Bonus gives a 200% match bonus up to $2,000 and has a 25x playthrough. Ignition also has a recurring Bitcoin bonus in their casino section. Each time you make a Bitcoin deposit, Ignition will provide a 25% match bonus up to $1,000. This bonus comes with a 10x playthrough each time.
BetOnline – BetOnline is a very well-known online gambling brand. They have a 100% Bitcoin bonus that will match your deposit dollar for dollar from $20 to $1,000. There is a 14x rollover requirement and withdrawals cannot be made within 30 days of claiming the promotion.
SportsBetting.ag – SportsBetting.ag is owned by BetOnline. The site features the same Bitcoin Welcome Bonus—100% up to $1,000. The same terms and conditions also apply in terms of rollover requirement and minimum/maximum deposit.
How Do I Know If A Bitcoin Gambling Site Is Secure?
Another vital component of our screening process is checking the security profile of the sites in question. Bitcoin transactions are inherently secure through their design, but our suggested online gambling sites have their own security protocols in place. Advanced data encryption is used to safeguard your personal and financial information with the site and SSL (secure sockets layers) protects your connection. They also utilize anti-virus and firewall protection and fraud prevention technologies that are integrated into security systems that are monitored by trained technicians around the clock. Bitcoin users do not have to worry about their personal information being exposed because the only information required for a transaction is your digital wallet address.