Simon’s Bitcoin Casino Guide

The animated GIF picture depicts an astronaut on the Moon. There is an animated Bitcoin flag on the moon, next to an Apollo astronaut. The picture is an altered and animated version of the famous Apollo moon landing picture. Under the picture is the list of bitcoin accepting online casinos with the ir latest bitcoin bonuses.

Simon’s Bitcoin Casinos, Bitcoin gambling

 

 

About Bitcoin gambling and Bitcoin casinos

 

Before we start discussing Bitcoin gambling in general and specific Bitcoin casinos it’s important to know a little bit about me.

I’m Simon, the owner of Simon’s Online Gambling Blog and I’ve been playing online for 10 years (years before bitcoin even existed) and I’ve been working with online casinos – some of them accept Bitcoin – for 5 years now.

I’ve seen the good, the bad and the ugly side of Bitcoin gambling and I learned from my own mistakes and also made some money. I decided to share what I know with my visitors.

This guide is the result.

 

This Bitcoin gambling guide consists of two parts.

 

Part I., Bitcoin casino guide – A short summary of the Litecoin and Bitcoin casino(s). I explain why I don’t consider them safe and why I no longer recommendd or even play in bitcoin only casinos and what led me to this conclusion.

 

Part II., Bitcoin gambling guide – This part tells you all you need to know about what’s going on behind the scenes in the Bitcoin gambling industry.

It also gives you all the tools and the know-how to be able to analyze any Bitcoin casino independently.
With the help of the tutorial you will be able to decide, whether a Bitcoin casino is SCAM or not ,without having to rely on anonymous strangers on Bitcoin forums (it’s manipulated, more on this below) or Bitcoin gambling blogs (many are fake and are actually owned by Bitcoin casinos, more on this below). The bitcoin gambling scene is full of shady unethical behaviour as you can see, that’s why I don’t recommend bitcoin only casinos anymore.

 

Thank you for visiting!

The following casinos are not Bitcoin only casinos but they do accept Bitcoin in addition to credit cards, wire transfer and paypal:

 

Black Lotus Casino

This is Black Lotus Casino's 2020 animated GIF banner advertising their new slot and their free spins and casino match bonuses. You can read about these promotional offers below the animated banner. By clicking on the banner you will be taken to the casino's website where you can register and play.

Black Lotus Casino bonus offers

USA and Canada players are accepted.
  • Get 300% match bonus, up to $3,250. Use the code: VENTURE300
  • $100 bonus. Use code: VENTURE100

Bonuses for existing players:
  • Deposit and get 37 Free Spins on Millionaire’s Life. Code: 37MILLION
  • Deposit $45 and get 299% up to $1,000. Code: 299MILLION & then get 47 Free Spins on Millionaire’s Life. Code: 47MILLION
  • One free spin on the "Millionaire's Bonus Wheel" , instant prizes, limited time only
  • Summer Samba Mini Game for returning players, huge instant wins credited to your player account if you are lucky, all throughout the summer
  • Every day between 6am and 10am EDT you'll get 50 Free Spins to play during our Happy Hour.
 

Playthrough requirements and wagering limitations

All bonuses and promotions are subject to the following wagering limitations and playthrough requirements.
  • Playthrough requirement: 40-60x for match bonuses and usually 60x for free spins and other bonuses, depends on the bonus check the casino's web page for the specific, up to date, current playthrough requirements and wagering limitations

Wagering limitation:
  • 100% - Slots and Keno
  • 50% - Roulette and Three Card Poker
  • 25% - Baccarat
  • 10% - Video Poker
  • 5% - Blackjack, Craps
  • 0% - Everything else

 

Bet Online Casino and Sports Book

Bet Online bookmaker and gambling website's banner displaying the various bonuses and promotional offers offered currently.

Bet Online sports-book and casino, cross platform and mobile compatible, Bitcoin accepted.

  • Welcome bonus, 100% up to $1,000 on your first three deposits! Use the code BOLCASINO
  • 100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 40 times before withdrawal.
Playthrough requirement: • Slot Games (progressive jackpot slots excluded) 100% • Roulette (All versions), Draw High-Lo, 3 Card Rummy 20% • Baccarat, Blackjack (American & European), Poker 3, Oasis Poker, Single Deck Blackjack, Triple Edge Poker, Caribbean Poker, Three Card Poker, Video Poker 10% • Pirate 21, Blackjack Super 7, Pai Gow, 21 Burn, Ride’m Poker, All forms of Keno, Red Dog, Pontoon, Top Card Trumps 5% • Craps, Live Casino, All Games with Progressive Jackpots, Virtual Racebook. Speciality games ie Keno’s and Scratcher game offered by Betsoft 0%
Wagering limitation:
  • Any action on Baccarat, Roulette and Craps will not count towards the wagering requirement.

 

 

 

 

Bitcoin casino guide

 

 

Advantages of Bitcoin casinos over regular casinos

 

Bitcoin casinos have some advantages over regular casinos, especially for US citizens.

 

The biggest advantages of Bitcoin casinos over regular online casinos are the following:

 

  • Instant payout: regular online casinos usually make you wait 7-10 days (depending on casino and withdrawal method) before you can withdraw your winnings. You can withdraw and deposit instantly or much faster at a Bitcoin casino.
  • Withdrawal fee: On paper bitcoin casinos shouldn’t charge any withdrawal fee (, but in reality many of them do).
  • New creative ideas: Bitcoin casinos are not bound by regulations of the online gambling industry. This is mostly a bad thing. However, being exempt of the rigid rules that govern online gambling, a Bitcoin casino is free to experiment with new types of games or new creative versions of traditional casino games.

 

Disadvantages of Bitcoin only casinos compared to regular casinos

 

The disadvantages of playing at a Bitcoin only casino far outweigh the advantages.

 

Here is a summary:

  • Bitcoin casino operators are hiding their true identity, it’s for a reason (all of them operate without a gambling license illegally that’s why)
  • lot of scammers
  • low-quality startups,, they disappear in a year or two
  • many hackers
  • connection with the dark web, money laundering
  • no regulations means no repercussions (they can just take your money and there is nothing you can do about it, it is well documented, that if a player wins too much at many casinos their winnings will be seized).
  • players are vulnerable, there is no authority to turn to if something happens, no one will be able to help you if they steal sensitive and important info or bitcoins from you

 

Why you shouldn’t play in any Litecoin, Bitcoin digital currency casino

 

If you don’t want to read the whole Bitcoin casino guide here is a brief summary:

 

– Bitcoin casino have no gambling license ever (means if something happens there is none you can turn too, and it also means they operate illegally).
– Casinos go to great lengths to hide their identities/the company behind them, shady asf.
– Hackers constantly raid Bitcoin casinos and steal player’s personal and sensitive information.
– Unprofessional management & one-man casinos with not enough money to pay out huge winnings.
– Bitcoin casinos often (more of ten than not) go bankrupt within a year taking all the player’s money with them, and there is nothing you can do if that happens.
– Unethical practices, which would get a regular casino blacklisted or sued are the norm among bitcoin only casino.

 

I personally strongly not recommend playing in any Bitcoin, crypto only casino. They are shady at best, but usually much worse. Of course not all of them. And of course the average player won’t notice anything (until you win big). It’s not like you join and then they take all your money instantly, and sell your password and payment info to third parties. But these things happen FAR MORE OFTEN than with regular, regulated, licensed casinos. The following shady, bad practices and stories from players who got burnt were collected over a period of years.

 

The following casinos accept Bitcoin, these are regular licensed casinos not Bitcoin only casinos, the onyl accept bitcoin in addition to many other methods:

 

Black Lotus Casino

This is Black Lotus Casino's 2020 animated GIF banner advertising their new slot and their free spins and casino match bonuses. You can read about these promotional offers below the animated banner. By clicking on the banner you will be taken to the casino's website where you can register and play.

Black Lotus Casino bonus offers

USA and Canada players are accepted.
  • Get 300% match bonus, up to $3,250. Use the code: VENTURE300
  • $100 bonus. Use code: VENTURE100

Bonuses for existing players:
  • Deposit and get 37 Free Spins on Millionaire’s Life. Code: 37MILLION
  • Deposit $45 and get 299% up to $1,000. Code: 299MILLION & then get 47 Free Spins on Millionaire’s Life. Code: 47MILLION
  • One free spin on the "Millionaire's Bonus Wheel" , instant prizes, limited time only
  • Summer Samba Mini Game for returning players, huge instant wins credited to your player account if you are lucky, all throughout the summer
  • Every day between 6am and 10am EDT you'll get 50 Free Spins to play during our Happy Hour.
 

Playthrough requirements and wagering limitations

All bonuses and promotions are subject to the following wagering limitations and playthrough requirements.
  • Playthrough requirement: 40-60x for match bonuses and usually 60x for free spins and other bonuses, depends on the bonus check the casino's web page for the specific, up to date, current playthrough requirements and wagering limitations

Wagering limitation:
  • 100% - Slots and Keno
  • 50% - Roulette and Three Card Poker
  • 25% - Baccarat
  • 10% - Video Poker
  • 5% - Blackjack, Craps
  • 0% - Everything else

 

Bet Online Casino and Sports Book

Bet Online bookmaker and gambling website's banner displaying the various bonuses and promotional offers offered currently.

Bet Online sports-book and casino, cross platform and mobile compatible, Bitcoin accepted.

  • Welcome bonus, 100% up to $1,000 on your first three deposits! Use the code BOLCASINO
  • 100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 40 times before withdrawal.
Playthrough requirement: • Slot Games (progressive jackpot slots excluded) 100% • Roulette (All versions), Draw High-Lo, 3 Card Rummy 20% • Baccarat, Blackjack (American & European), Poker 3, Oasis Poker, Single Deck Blackjack, Triple Edge Poker, Caribbean Poker, Three Card Poker, Video Poker 10% • Pirate 21, Blackjack Super 7, Pai Gow, 21 Burn, Ride’m Poker, All forms of Keno, Red Dog, Pontoon, Top Card Trumps 5% • Craps, Live Casino, All Games with Progressive Jackpots, Virtual Racebook. Speciality games ie Keno’s and Scratcher game offered by Betsoft 0%
Wagering limitation:
  • Any action on Baccarat, Roulette and Craps will not count towards the wagering requirement.

 


Bitcoin gambling guide

 

The guide contains the following:

 

 

There are many good things, which came out of the Bitcoin gambling community. And there are many bad things as well.

Let’s be impartial.

Let’s look at both sides of the coin; let’s take a look at the good, the bad and the ugly side of Bitcoin, cryptocurrency unlicensed gambling.
This guide will provide you with all the necessary information and links to tolls to independently verify and asses a Bitcoin casino website’s credentials, safety, all on your own, so you will no longer have to rely on what other people say online. Always check these casinos yourself, that’s the only way to be sure.

 

 

Working in the Bitcoin gambling industry, my experience

 

Just like any other gambling blogger, it took me years to break even and to finally be able to make a living online, as a full time, independent website owner.

In the meantime I worked and helped other aspiring blogs and businesses in their online marketing efforts. Some of these businesses were Bitcoin gambling ventures.

Actually, quite a lot of them…

 

I have experience with Bitcoin casinos as a player, as an affiliate partner and as an online marketing professional. And after working with many Bitcoin gambling websites I have formed an opinion. An opinion that happens to be largely negative.

Allow me to explain.

 

Bitcoin community and Bitcoin gambling essentials

 

I don’t intend to start from the basics, therefore I assume you know the following:

  • you understand digital currencies and the way they work,
  • you have heard of Bitcointalk forum and you know how important it is for the Bitcoin community,
  • you know what is the dark web.

If you don’t please get yourself up to speed before we proceed.

 

The Bitcoin gambling community is best understood by examining it’s defining attributes:

 


 

Anonymity: Have you ever been to 4chan /b/? If not, don’t go there if you are at work! Trust me.

In fact you are better off not knowing (and seeing) what goes on there. Of course, after while, if spend enough time online we all get desensitized to everything, for better or worse.

 

4chan, and all of its’ boards are the living embodiment of what anonymity inevitably leads to: raw human nature unfiltered, and brutal honesty.

Anonymity is a double edge sword.

Don’t forget the number one rule of being anonymous online:

 

  • Nobody is anonymous online by default and people CHOOSE to be anonymous FOR A REASON.
    Being anonymous is not a fashion statement. People who actively hide their identity do so for a reason

 

And the second rule of online anonymity:

 

Don’t trust anyone anonymous.

 

Bitcoin is anonymous and decentralized – It is used anonymously by people, who like it that way, for a reason. Same goes for bitcoin casinos.

 

Always try to figure out what that reason could be, and what it means for you! Because people have different reasons to be anonymous. But in the context of Bitcoin gambling it is a nefarious intent. It’s one thing when people choose to be anonymous, but it’s entirely different when companies (Bitcoin gambling ventures) go to great lengths to hide their identity and erase every trace of the real owners the company behind the casino. They don’t do it for security reasons, they do it because they operate illegally without a gambling license, ALL of them!


 

Entrepreneurial spirit, innovation:  Bitcoin is “hip” , “cool” , “young” etc…. Just imagine a bitcoin user in your head. Do you imagine a responsible 40 y old man with a pipe on a leather couch in suburbia talking boringly about fiscal responsibility, or you imagine a young 20 something rascal in front of a sleek new laptop at night. Let’s be honest here, we are al leffected by ads and media bullshit, just some of use are not self aware enough to realize it.

Hip, cool, trendy are not just buzzwords without substance. They are true, and most importantly: they attract entrepreneurs (mostly young, adventurous entrepreneurs with no capital and prior experience, 95.2% of them are men and a great deal of them under 30).

 

This leads to flawed business models and businesses, which only sound good on paper (e.g.: my favourite – Bitcoin snail race, wackiest I have seen so far 🙂 ) and don’t have the necessary amount of capital to achieve their goals.


 

Decentralization, lack of regulation: Bitcoin gambling (or gambling with any other digital currency) is not recognized as gambling by law enforcement in any country. There are no bitcoin gambling licenses or regulatory agencies.

Therefore, if a Bitcoin gambling site closes down (because they went bankrupt, or because it was a SCAM all along) there will be a lot of “butt-hurt” people bashing, crying, finger pointing on Bitcointalk and other Bitcoin forums but nothing will be done., nothing ever gets done, no repercussions for failed business or crime committed.

Because nothing can be done. Who would you turn to? To the police? 😀

The criminals just take the money they stole and re-brand under a different name (remember, they were anonymous all along) and just invest the money into an even bigger scam, ad infinitum. I have seen it, and let me be honest I have even unknowingly worked for one for a time (writing for them as a guest writer and publishing fake reviews for them on different websites), that’s just how it works.By design.


 

IT skills: –What do you get if you combine anonymity , IT skills and lack of regulations?

Hackers!

And not the white-hat data-security specialist guy, or the gray-hat “discovered this hole in you system, here is a funny LOLcat to replace your homepage, btw. FIX IT!” types. No, these are genuine, black-hat hackers who are stealing private info and your money for a living. Criminals, who destroy lives and businesses. The Bitcoin world is full of them.

If you rob a Bitcoin casino there is no repercussion, law enforcement won’t care, because Bitcoin is not recognized as a real currency (depending on your country but true for the overwhelming majority of countries) and Bitcoin gambling is not recognized as legal gambling. No wonder bitcoin casinos are popular targets of hacker attacks.


 

Dark web connection, money laundering: The elephant in the room. Should I talk about it or not? Let’s do this. On the dark web you can only pay with Bitcoins. Make of this info what you want. The only currency pedophiles use to buy and sell child pornography online, on the dark web: bitcoin. Do you really want to support that? By buying and using bitcoin you do…, indirectly but you do. You won’t see bitcoin “experts” talk about this, ever…

 

And we are talking about a lot of Bitcoins here. Estimates put the now shut-down Silk Road’s monthly revenue at millions in Bitcoin just from CP. And it was just one website from the dark web, and the data is from years ago. Millions from child porn, drugs, weapons and whatnot, all paid for with bitcoin, online.

I’m going to say what many people already knew or have suspected: BITCOIN GAMBLING IS A MONEY LAUNDERING SCHEME! – of the dark web

Bitcoin gambling and the Bitcoin economy is fueled (not solely of course) by the dark web and people associated with the dark web!

Bitcoin casinos know that a large part of their business is coming from dark web entrepreneurs (because exchanges ban these people and they need an alternative to exchange bitcoins to regular currency), because bitcoin casino don’t ask for any proof of identity, it’s all anonymous unlike the exchanges nowadays, where you have to provide ID and a picture that is recent. This is a fact, and that’s why it is such a booming business.

Online gambling is a great way for these dark web vendors to whitewash their revenue. Undoubtedly, there are other ways to whitewash Bitcoins from the dark web, but this is definitely one of them.

I hope this will change one day.

 

UPDATE: After publishing this I got a nasty DDOS attack lasting months, huge IP range. Luckily my security plugin and Cloudlare and my cloud hosting dealt with it, but it shows I hit some nerves there and there are people really not happy about me exposing this. In case you noticed, zero bitcoin websites talk about this, for a reason…

 

 

Bitcoin gambling and Bitcoin casino market

 

There is a lot of hype and misinformation surrounding the Bitcoin market. I believe this is what draws in so many inexperienced entrepreneurs. Entrepreneurs who shouldn’t ever start a business, because they are just inexperienced teenagers with big, dumb ideas, and this the real world, 99,9% of them won’t be the next Facebook or Google.

The truth is, that Bitcoin gambling is a very small slice of the “gambling pie” (the online casino gambling market).
Here is a nice and very easy way to check and quantify Bitcoin’s share of the overall, global online casino gambling marketplace (online sports betting excluded for simplicity’s sake).

This is simple method anyone can use, anytime.

There are two things you need to know, unless you wish to make a comprehensive and detailed “keyword research” (I’m not going int details about what is a keyword research on this blog, if you are interested research it online):

  • the biggest search term of the Bitcoin gambling market is “Bitcoin casino”
  • the biggest search term of the online casino gambling world is “online casino”

 

/Search term: what people type in Google to get what they want./

 

You can use Adwords (it’s free) to check the monthly “search volume” (number of people searching for it any given month) and compare them.

 

Online Bitcoin casino gambling represent 4.8% of the of the global, English speaking, online gambling market, based on this very simple comparison.

 

If you can get your Bitcoin casino to appear at the top (first 5 search results) in Google – which is no easy feat, requires a lot of work – you will get around 35% of the monthly search volume.

 

That is 6,600 x 0.35 = 2310 visitors per month from un-paid search traffic (traffic coming from search engines, which you did not pay for). That’s the kind of very well converting traffic that is the wet dream of any online marketer.

 

That’s a pretty sad amount of monthly visitors for a casino compared to a regular casino. This blog gets more visitors usually in one DAY! And many online casino – regular, FIAT – get more visitors an hour.

 

 

If you are thinking:

“There is lite coin, dogecoin etc.. too! What about searches for “dogecoin casino”? What about Bing, Yahoo and other search engines?”

I checked traffic for these keywords. It is insignificant (<100 per month). Insignificant, but feel free to check it yourself.

 

The truth is that the Bitcoin gambling market is really small and saturated already.

And a small, saturated market leads to desperate businesses and desperate tactics, a fight for survival, ethics thrown out the window, into the garbage bin.

 

I would advise enthusiastic entrepreneurs to stay away from the Bitcoin gambling market for these reasons.

 

Here are some examples of recent Bitcoin gambling scams to better illustrate all that I have said so far:

 

Coinbet.cc – Received some media exposure. It was a really big Bitcoin casino (casino games + poker + sports betting and live dealers) to go under. I worked for them btw.

The casino was plagued by hackers, inexperienced, unqualified managers and the final blow that knocked the casino out (or they closed down on purpose, maybe it was a scam all along?) was a big win by one of the players, the poker player Michael Katz (well documented  at that time). Either they could not, or did not want to pay out his winnings of around $300,000.

It has been speculated that the casino took $ 100 K worth of player’s deposits with it at the moment’s of it’s closure.

Some of the owners and participants were identified but as it is the case with all Bitcoin scams, no legal actions were taken (or could have been taken, but they didn’t even try).

 

Bitoomba Bitcoin casino – They first started to steal money from their affiliates (I was one of them at the time) and then they started to steal money from their players (some say their games were actually rigged as well, I can not confirm this – for obvious reasons, I have never played in their Bitcoin casino).

I t was pretty big for a while. The site doesn’t exist anymore – again, proving the point I made earlier about Bitcoin casinos shutting down after a short time.

 

EveryDice.com – Another Bitcoin dice site, which went bust. Taking investors’ and players’ money with it. If you went to their Bitcointalk forum page, you could read their version of the story. I didn’t believe a word of it but it’s a good example of the finger-pointing, inner conflicts and “scammers scamming scammers” attitude that is all too common in the Bitcoin gambling community.

UPDATE: Their forum has been taken down since then, no trace of them anymore.

 

These are just a few of the Bitcoin sites to go down, but there are many-many more, new ones every year.

 

Tutorial: How to tell if a Bitcoin casino is a scam or not

 

Let me show you how to spot a scam Bitcoin gambling site with this step-by-step tutorial.
If you are using these methods you can minimize the chance of you getting ripped off by unscrupulous scammers! But of course if you have read the first part you know it’s best to avoid bitcoin only casinos entirely.

 

First of all, If you create a website or start a business, then you lose your anonymity. You can get it back, but you have to invest time and money to get it back.
And when it comes to businesses, every dollar spent is an investment, and needs to be justified.

Therefore, it is safe to assume that if a Bitcoin gambling website chooses to become anonymous, they do so for a reason, they spend money and time on it for a reason.

Why on earth would a Bitcoin casino – which thrives on advertisements, generated publicity, online marketing – spend money on anonymity, hiding their tracks, the opposite of publicity? – Just think about this. It will be important going forward.

 

I’m not saying, there is always malicious intent behind this anonymity every time. But what I’m do saying is that sadly, that’s more often the case, than not.

It’s definitely true, that the less anonymous a Bitcoin casino, the more you can trust it.

 

Here is how you should inspect a Bitcoin casino website – using Bitoomba (a known scam Bitcoin casino site) as an example – to avoid Bitcoin casino scams and to identify dishonest Bitcoin casinos who go to great lengths to hide their identity.

 

UPDATE: This is from 2014. Bitoomba has since re-branded relaunched and closed again. So if you do this you will see different values compared to when I did. Feel free to choose any other website as an example.

1.,Visit EasyWhois , type in the URL

2.,Check “Registrant Name:” and “Admin name” , if it’s Whois Agent, Whois protection service etc., they are using “Whois protection” anonymity service.

3., Next thing, you should check is domain age. “Creation date”. If it’s not older than two years avoid.

More than 90% of new Bitcoin gambling ventures go out of business in less than a year.

I strongly advise against playing in any Bitcoin casino that hasn’t been in operation for at least a year.

 

/It must be noted, that many Bitcoin casinos buy old, so called “aged” domains and domain age in those cases means nothing. If that’s the case you have to use Waybackmachine.com and check the earliest cache of the casino on the domain to verify the date./

 

Visual aid for the tutorial on how to spot an unsafe Bitcoin casino, step-by-step.

Visual aid – How to spot an unsafe Bitcoin casino step-by-step tutorial.

 

Nothing you see here is actually the Bitcoin casino’s information. It’s all hidden on purpose.It’s shady asf.

 

4., Bitcointalk overall opinion

 Sadly, Bitcoin gambling blogs and Bitcoin casino review blogs are mostly fake.

 

They promote every Bitcoin casino, which pays them for the promotion and you won’t find negative reviews on many of them (and they still promote a lot of closed-down Bitcoin casinos or known scammers, years after they have been exposed. They just don’t care, they don’t really update their websites).

AND!
Sometimes the Bitcoin gambling blogs are actually run by one of the Bitcoin casinos or bookmakers.
/You can easily apply the methods we are discussing here to verify Bitcoin gambling blogs./

 

Bitcointalk is an anonymous forum, where anyone can say anything, and that’s why I could easily generate 5 fake accounts and have fake discussions about how great a particular Bitcoin casino is. That’s the reason why it is so full of fake accounts, fake reviews, fake discussions and shouldn’t ever be trusted. And I have actually done that, it was part of my job creating “artificial” (fake) discussions about a their casino and writing fake positive feedback on their forum page when I still worked for Coinbet.cc back in 2014.

Still, despite all the fake stuff Bitcointalk will give you a better idea about a Bitcoin casino, than fake review sites doing it only for the money.

 

 

5., Check the website for any mention of the owner’s name or the company behind the casino: In Bitoomba’s case there is absolutely nothing, no mention of the owner or the company (if there is a company?). It’s always a bad sign.

 

6., Contact the casino before you deposit: make sure to try the contact the casino before you deposit now to see if it’s abandoned or not.

 

If a bitcoin casino does not respond to your messages it means one of the following:

  • it’s a scam
  • it’s abandoned
  • they will also not respond if you have a problem
  • don’t expect to be able to withdraw your winnings

 

If you are not sure whether a Bitcoin, Litecoin or any alternative, digital currency accepting casino/bookmaker/poker room/dice parlor is safe or not, just drop me a line in the comments below and I will do my best to check whether they are safe or not if I have the time. No promises though.

 

 

Animated and modified meme. Fry from Futurama saying "Shut up and take my bitcoin."

Don’t be like this!

 

Safe Bitcoin gambling

Bitcoin gambling can be 100% safe too. E.g.: the UK’s gambling legislation allows it’s licensees to accept Bitcoins, if they declare it in their application. Therefore regular licensed, safe online casinos with a UK license can accept Bitcoin too. Panama and Curacao licensed casinos are known to accept Bitcoins too. (The casinos on the web site are all licensed casinos which accept bitcoin.) Therefore it’s very easy to play safely online with bitcoin, all you have to do is to avoid bitcoin only casinos and register at regulated, licensed regular casinos which also accept bitcoin, litecoin or any other digital cryptocurrency  among other payment methods.

 

The following casinos are not Bitcoin only casinos but they do accept Bitcoin in addition to credit cards, wire transfer and paypal:

 

Black Lotus Casino

This is Black Lotus Casino's 2020 animated GIF banner advertising their new slot and their free spins and casino match bonuses. You can read about these promotional offers below the animated banner. By clicking on the banner you will be taken to the casino's website where you can register and play.

Black Lotus Casino bonus offers

USA and Canada players are accepted.
  • Get 300% match bonus, up to $3,250. Use the code: VENTURE300
  • $100 bonus. Use code: VENTURE100

Bonuses for existing players:
  • Deposit and get 37 Free Spins on Millionaire’s Life. Code: 37MILLION
  • Deposit $45 and get 299% up to $1,000. Code: 299MILLION & then get 47 Free Spins on Millionaire’s Life. Code: 47MILLION
  • One free spin on the "Millionaire's Bonus Wheel" , instant prizes, limited time only
  • Summer Samba Mini Game for returning players, huge instant wins credited to your player account if you are lucky, all throughout the summer
  • Every day between 6am and 10am EDT you'll get 50 Free Spins to play during our Happy Hour.
 

Playthrough requirements and wagering limitations

All bonuses and promotions are subject to the following wagering limitations and playthrough requirements.
  • Playthrough requirement: 40-60x for match bonuses and usually 60x for free spins and other bonuses, depends on the bonus check the casino's web page for the specific, up to date, current playthrough requirements and wagering limitations

Wagering limitation:
  • 100% - Slots and Keno
  • 50% - Roulette and Three Card Poker
  • 25% - Baccarat
  • 10% - Video Poker
  • 5% - Blackjack, Craps
  • 0% - Everything else

 

Bet Online Casino and Sports Book

Bet Online bookmaker and gambling website's banner displaying the various bonuses and promotional offers offered currently.

Bet Online sports-book and casino, cross platform and mobile compatible, Bitcoin accepted.

  • Welcome bonus, 100% up to $1,000 on your first three deposits! Use the code BOLCASINO
  • 100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 40 times before withdrawal.
Playthrough requirement: • Slot Games (progressive jackpot slots excluded) 100% • Roulette (All versions), Draw High-Lo, 3 Card Rummy 20% • Baccarat, Blackjack (American & European), Poker 3, Oasis Poker, Single Deck Blackjack, Triple Edge Poker, Caribbean Poker, Three Card Poker, Video Poker 10% • Pirate 21, Blackjack Super 7, Pai Gow, 21 Burn, Ride’m Poker, All forms of Keno, Red Dog, Pontoon, Top Card Trumps 5% • Craps, Live Casino, All Games with Progressive Jackpots, Virtual Racebook. Speciality games ie Keno’s and Scratcher game offered by Betsoft 0%
Wagering limitation:
  • Any action on Baccarat, Roulette and Craps will not count towards the wagering requirement.

 

 

 

 

The legal status of Bitcoin gambling and Bitcoin casinos around the world

 

Bitcoin casinos and other Bitcoin gambling operators often claim, that they can operate legally even in countries with illegal online gambling. The legality of Bitcoin casinos is much more complicated than that and generally, it’s closer to the actual truth, that where online gambling is illegal, so is Bitcoin gambling. Just think about the fact that no online Bitcoin casino operates under a legit license. Would you trust what illegally operating gambling websites say? Hopefully not.

 

Below I put together a table – based on my own research a few years ago – about the legal status of Bitcoin gambling in the world, sorted by countries.

 

The legal status of Bitcoin gambling and Bitcoin casinos around the world

Country Bitcoin gambling
Afghanistan illegal, players are not prosecuted
Albania legal
Algeria illegal
American Samoa illegal
Andorra not regulated
Angola not regulated
Antigua and Barbuda licensed
Argentina unknown
Armenia licensed
Aruba licensed
Australia legal
Austria not specifically regulated
Azerbaijan complicated
Bahamas illegal, players are not prosecuted
Bahrain illegal, players are not prosecuted
Bangladesh illegal
Barbados not regulated
Belarus illegal
Belgium licensed
Belize licensed
Benin not regulated
Bermuda illegal
Bhutan illegal
Bolivia illegal
Bosnia and Herzegovina licensed
Botswana not regulated
Brazil illegal, players are not prosecuted
Brunei illegal, players are prosecuted
Bulgaria licensed
Burkina Faso not regulated
Burundi unregulated
Cambodia illegal, players are prosecuted
Cameroon not regulated
Canada legal
Cape Verde ?
Cayman Islands illegal
Central African Republic ?
Chad ?
Channel Islands legal
Chile not regulated
China illegal
Colombia illegal but not prosecuted
Comoros legal, operators require license
Cook Islands unknown, probably not regulated
Costa Rica illegal
Croatia operator must have a license
Cuba illegal
Curacao operator must have license
Cyprus illegal
Czech Republic illegal but not prosecuted
Denmark not regulated
Djibouti not regulated
Dominica not regulated?
Dominican Republic not regulated
Democratic Republic of the Congo not regulated
Ecuador not regulated
Egypt not regulated
El Salvador not regulated
Equatorial Guinea ?
Eritrea ?
Estonia operator must have a license
Ethiopia not regulated
Falkland Islands operator must have a license
Faroe Islands not regulated
Fiji operator must have license
Finland operator must have license
France operator must have license
French Guiana operator must have license
French Polynesia operator must have license
Gabon not regulated
Gambia illegal
Georgia operator must have a license
Germany illegal but players are not prosecuted
Ghana operator must have a license
Gibraltar licensed
Greece
Greenland not regulated
Grenada not regulated
Guadeloupe operator must have a license
Guam not regulated
Guatemala not regulated
Guinea legal
Guinea-Bissau ?
Guyana not regulated
Haiti not regulated
Honduras not regulated
Hong Kong illegal but not prosecuted
Hungary operator must have a license
Iceland illegal
India illegal but players are not prosecuted
Indonesia illegal
Iran illegal
Iraq illegal
Ireland operator must have a license
Isle of Man legal
Israel illegal but not prosecuted
Italy operator must have a license
Ivory Coast not regulated
Jamaica illegal but not prosecuted
Japan illegal but not prosecuted
Jordan illegal but not prosecuted
Kazakhstan not regulated
Kenya state monopoly
Kiribati not regulated
Kosovo not regulated
Kuwait illegal and prosecuted
Kyrgyzstan illegal
Laos illegal
Latvia operator must have a license
Lebanon illegal
Lesotho not regulated
Liberia operator must have a license
Libya illegal
Liechtenstein not regulated
Lithuania illegal but not prosecuted
Luxembourg illegal but not prosecuted
Macau not regulated
Macedonia not regulated
Madagascar not regulated
Malawi not regulated
Malaysia illegal but not prosecuted
Maldives illegal
Mali ?
Malta operator must have a license
Martinique operator must have a license
Mauritania illegal
Mauritius operator must have a license
Mayotte operator must have a license
Mexico illegal but not prosecuted
Micronesia not regulated
Moldova operator must have a license
Monaco not regulated
Mongolia not regulated
Montenegro operator must have a license
Morocco illegal
Mozambique operators must have a license
Myanmar illegal but not prosecuted
Namibia not regulated
Nauru not regulated
Nepal illegal but not prosecuted
Netherlands illegal but not prosecuted
New Caledonia operator must have a license
New Zealand illegal
Nicaragua not regulated
Niger not regulated
Nigeria not regulated
North Korea illegal and prosecuted
Northern Mariana Islands legal and regulated in Nevada, Delaware, New Jersey and us Virgin Islands, not regulated in every other state
Norway state monopoly, currently no state-run bitcoin casino
Oman illegal
Pakistan illegal
Palau illegal but not prosecuted
Panama operators must have a license
Papua New Guinea operators must have a license
Paraguay illegal but not prosecuted
Peru operators must have a license
Philippines operators must have a license
Poland illegal and not recommended
Portugal operators must have a license
Puerto Rico legal and regulated in Nevada, Delaware, New Jersey and in the US Virgin Islands, not regulated in every other state
Qatar illegal but not prosecuted
Reunion Island operator must have a license
Romania operators must have a license
Russia illegal but not prosecuted
Rwanda license required
Saint Barthelemy illegal but not prosecuted
Saint Kitts and Nevis operator must have a license
Saint Lucia not regulated
Saint Martin operator must have a license
Saint Vincent and the Grenadines not regulated
Samoa illegal
San Marino operator must have an Italian license
Sao Tome and Principe not regulated
Saudi Arabia illegal but not prosecuted
Senegal license required
Serbia needs license
Seychelles needs license
Sierra Leone not regulated
Singapore illegal and players are prosecuted
Slovakia operators need a license
Slovenia operator must have a license
Solomon Islands operator must have a valid license issued by Australia
Somalia illegal but players are not prosecuted
South Africa illegal but players are not prosecuted
South Korea illegal but players are not prosecuted
South Sudan illegal but not prosecuted
Spain operators require a license
Sri Lanka not regulated
Sudan illegal but not prosecuted
Suriname not regulated
Swaziland not regulated
Sweden legal, state monopoly
Switzerland illegal but players are not prosecuted
Syria illegal and players are prosecuted
Taiwan illegal and players are prosecuted
Tajikistan illegal
Tanzania operators must have a license
Thailand illegal, players are not prosecuted
Timor-Leste illegal but not prosecuted
Togo not regulated
Tonga not regulated
Trinidad and Tobago not regulated
Tunisia illegal, players are not prosecuted
Turkey illegal
Turkmenistan illegal
Turks and Caicos not regulated
Tuvalu illegal, players are not prosecuted
Uganda licensed
Ukraine illegal, players are not prosecuted
United Arab Emirates illegal and players are prosecuted
United Kingdom licensed
United States the only licensed online gambling platform taking Bitcoins is in Illinois, Nevada does not allow it, the rest of the states is undetermined
Uruguay not regulated
US Virgin Islands legal
Uzbekistan illegal, players are not prosecuted
Vanuatu legal
Venezuela not regulated
Vietnam illegal
Wallis and Futuna licensed
Western Sahara not regulated
Yemen illegal
Zambia not regulated
Zimbabwe licensed

 

 

The following casinos are regulated, licensed online casinos which  accept Bitcoin, credit cards and paypal:

 

Black Lotus Casino

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USA and Canada players are accepted.
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  • One free spin on the "Millionaire's Bonus Wheel" , instant prizes, limited time only
  • Summer Samba Mini Game for returning players, huge instant wins credited to your player account if you are lucky, all throughout the summer
  • Every day between 6am and 10am EDT you'll get 50 Free Spins to play during our Happy Hour.
 

Playthrough requirements and wagering limitations

All bonuses and promotions are subject to the following wagering limitations and playthrough requirements.
  • Playthrough requirement: 40-60x for match bonuses and usually 60x for free spins and other bonuses, depends on the bonus check the casino's web page for the specific, up to date, current playthrough requirements and wagering limitations

Wagering limitation:
  • 100% - Slots and Keno
  • 50% - Roulette and Three Card Poker
  • 25% - Baccarat
  • 10% - Video Poker
  • 5% - Blackjack, Craps
  • 0% - Everything else

 

Bet Online Casino and Sports Book

Bet Online bookmaker and gambling website's banner displaying the various bonuses and promotional offers offered currently.

Bet Online sports-book and casino, cross platform and mobile compatible, Bitcoin accepted.

  • Welcome bonus, 100% up to $1,000 on your first three deposits! Use the code BOLCASINO
  • 100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 40 times before withdrawal.
Playthrough requirement: • Slot Games (progressive jackpot slots excluded) 100% • Roulette (All versions), Draw High-Lo, 3 Card Rummy 20% • Baccarat, Blackjack (American & European), Poker 3, Oasis Poker, Single Deck Blackjack, Triple Edge Poker, Caribbean Poker, Three Card Poker, Video Poker 10% • Pirate 21, Blackjack Super 7, Pai Gow, 21 Burn, Ride’m Poker, All forms of Keno, Red Dog, Pontoon, Top Card Trumps 5% • Craps, Live Casino, All Games with Progressive Jackpots, Virtual Racebook. Speciality games ie Keno’s and Scratcher game offered by Betsoft 0%
Wagering limitation:
  • Any action on Baccarat, Roulette and Craps will not count towards the wagering requirement.

 

 

Back to the gambling websites.

 

Gamble responsibly, good luck,
SimonTheSorcerer

 

Last updated: 2020-06-10

Summary
Simon's Bitcoin Casino, Gambling Guide
Article Name
Simon's Bitcoin Casino, Gambling Guide
Description
A revealing, comprehensive guide to Bitcoin gambling and Bitcoin casinos with a step-by-step tutorial on how to avoid bitcoin casino scams, and bitcoin bonus calculator. Information about the bitcoin casino gambling market included as well.
Author
Simon's Online Marketing Kft.

16 Responses

  1. James Canning says:

    What you say about bitcoin gambling review sites is true in most cases but definitely not true about the Bitcoin Betting Guide. I am proud to say we have never included a brand that has turned out to be a scam, this is not due to good luck, we were offered money to includ coinbet.cc and bitomba and most of the other scams that have come and gone, with our experiance and knolage we could smel they were fishy and would not deal with them

    We do criticize brands on the site. This is from our Casino Bitcoin Review

    “Casino Bitcoins product is just not that good and the highest ranking bitoin sportsbooks and casinos on this site blow them out of the water.”

    The reason we don’t have many negative reviews is because there are hundreds and hundreds of shit sites out there that deserve negative reviews, we don’t even have time to review and include all the good sites we want to at the moment, we arent going to waste time reviewing bad sites that will probably not exist in 6 months anyway. The best way we can steer people clear of the ever changing list of bad sites is to point them the the good sites that we test extensively.

    Also good information on how to avoid bitcoin gambling scams here.

    http://bitcoin-betting-guide.com/avoid-bitcoin-gambling-scams/

    WTF is bitcoin snail race?

  2. johnny says:

    Hello Simon,

    It is such a great article that you wrote on bitcoin gambling topic and it seems that
    you have many experiences and insight.

    I am involved in few bitcoin projects and I started off as a bitcoin miner reseller (www.OasisMiner.com).

    I have a favor to ask you.
    Could you please check out our new bitcoin project for multiple bitcoin related services and
    there’re also casino, multi-player betting games and I want to hear your honest opinion whether it has potential or not.

    I know you’re negative in bitcoin gambling sites but I would appreciate your feedback since you got a lot of knowledge and experience in this field.

    Look forward to your reply

    Best regards,

    Johnny

    • SimonTheSorcerer says:

      You mean Yepbit?

      I can not check Yepbit.
      I can’t.

      Nothing happens, when I click on “Services”.
      There is only a silent Youtube video on the homepage, which does not really tell me, what the site is all about.

      Is this website still under construction?

      • johnny says:

        We are still working on some features but the site works.
        You can register by clicking ‘Join’ and ‘Game Start’ button will show after signing in.
        The service menu is under construction for other service like sending, selling bitcoins.

        I want to discuss futher by email so please delete my postings.

  3. aiden bryson says:

    Thank you for your insights. Although I note is now November and you last post appears to be July 2014. We too had considered a global lottery for bitcoin players and registered bitcoin super lottery but may well shelve plans after your review it does seem the money in bitcoin is merely investing in the long term possible upside of the currency as many experienced and smart money people are doing.

    Thanks for the heads up

  4. christina says:

    first of all fortune jack is horrible you shouldn’t trust them. Secondly is there any protection for us against scam casinos? I , along with several other people, are owed considerable amounts of money from betcoin. Tm and they just ignore and refuse to pay and apparently they used to be a scam company that reopened under this name to try and mask their slimey Practices. Because its Bitcoin are we screwed or can we take legal action?

    • SimonTheSorcerer says:

      Good question. On the bitcointalk forums there are a lot of people complaining but I never actually met anyone who contacted a lawyer. I guess nobody wants to pay the consultation fee.

      I’m not a lawyer but to the best of my knowledge you are pretty much screwed. Not because it’s bitcoin (because bitcoin is accepted as a currency in many countries – although not regulated in most – http://en.wikipedia.org/wiki/Legality_of_Bitcoin_by_country).

      But you are screwed because the online casino was never really a licensed online casino and the people behind it are anonymous. They don’t give gambling licenses to bitcoin online casinos (and gambling licensing organizations also don’t prosecute them).

      It’s a legal grey area with lots of anonymous transactions and most people involved are anonymous.
      The legal system is just not equipped to handle this.

      I doubt that older lawyers (pre-digital era, 40+ y old) would even know what to do in this case.

      It would be interesting if someone would finally try to sue. But sue what? Sue who? You see the problem….

      Good luck!

  5. Otto Bergstrom says:

    First of all great article Simon. Must say it’s well written and to the point I even linked my article: ”Definitive Guide To Bitcoin Casinos” to yours.

    I’ve just started venturing into the ”cloack and dagger world” of using Bitcon as a crypto-currency to wager online. From what I’ve read and seen to date a lot of operators are jumping onto this bandwagon now. As such many uneducated players are also getting burnt in the process since they’re not doing proper due diligence before they sign up. If I can chime in here this is the way I see it. As James pointed out there are some reputable Bitcoin operators but they’re far and few in between at this stage.

    Rather wager at a site that’s licensed in a reputable jurisdiction such as Alderney, Gibraltar, Isle of Man, Curacao or Malta-BitStarz Casino comes to mind. Traditional online casinos are now offering Bitcoin as a deposit method and most of them are above board.

    I guess it’s a good point of departure and shrouded in anonimity like most Bitcoin only operators. don’t claim to be expert but I’ve been in the industry for more than a decade now.

  6. danae hernandez says:

    hello i recently won over $200,000.00 on vegascasino.io and they are giving me the runaround about withdrawing. they told me i must complete a KYC review. (know your customer) and it should take no less than 24hrs. well 9 days later and they still need more time! i sent= copy of drivers license, proof of address and snapshot of ip address verification. they have no phone number or address that i can find anywhere and its getting really frustrating. they do or did have live chat available 24/7 but all day today for some reason its been unavailable. im starting to think this is a scam. i just want the original $350.00 i deposited when playing. also if they dont turn out to be legit can you give me a few places i should post about them, ideas of what to do? im very new to this. just learned what a bitcoin was 3 months ago.

    • SimonTheSorcerer says:

      Yeah. It seems like you are the victim of a scam. They probably don’t have $200 K, or they are not willing to pay. (This is why I don’t recommend playing in Bitcoin only casinos.) They are not genuine gambling operations, most of them don’t even have a gambling license. Vegascasino.io does not have a gambling licence, therefore there is nothing you can do, and you can be sure this is not a legit casino (actually it is illegal to operate an online casino without a gambling license, but this is also offshore and the identity of the owners is very well hidden, this is the reason they only accept Bitcoin). Always avoid casinos without a gambling license!

      You definitely should post about your ordeals here:
      https://bitcointalk.org/index.php?board=56.0

      If you post about your experience there it will destroy them. I’m not joking, people exposed cheating Bitcoin casinos on that forum, and it led to their closure. (if it does not get enough attention first, then post multiple times. It’s a big forum, it might get overlooked the first time.)

      You should also write here:
      GPWA forum
      Casinomeister

      There is not much point containing Bitcoin gambling blogs, 99% of them publish fake reviews sadly. Wizard of Odds was a genuine place of reviews too, but it has been purchased 2 years ago and it has gone downhill since, so there is not much point contacting them either.

      Also, there is no point contacting fake reviews sites like this:
      http://www.askgamblers.com/online-casinos/vegascasino-io-review/.

      I will definitely include them in my list of rogue casinos.

      Thank you for letting me know. I hope you at least get your initial deposit back.

  7. iFA says:

    Dear Simon,

    Your article is really great, but i think its out of date. In Hungary you can not do online gambling, because its against the law. I know because i have asked the National Gaming Board. So sadly i must disable every gambling services on my website.

    The 1million dollar question is now:
    Which land/country can operate unlicensed bitcoin/ethereum/etc online gamble whats fit to the current law?

    • SimonTheSorcerer says:

      Yes, it is out of date. I will update it in about a month or so.

      Yes, you are right Bitcoin gambling is currently illegal (actually all forms of online gambling no organized by Szerencsejáték Zrt.) in Hungary.
      More information can be found here: https://simonsblogpark.com/onlinegambling/simons-guide-gambling-in-hungary/

      However, a new legislation is currently being developed (for 1,5 years now…), which will legalize online gambling, but one of the the requirements will be that you must be a casino owner with a valid gambling license from the government. So, unless you are Andy Vajna, that won’t help you much :).

      “The 1million dollar question is now:
      Which land/country can operate unlicensed bitcoin/ethereum/etc online gamble whats fit to the current law?”

      Actually, the million dollar question is:
      Is Bitcoin gambling even gambling? The answer to this depends on the country, where you are registered.

      For more info: https://simonsblogpark.com/onlinegambling/simons-guide-online-gambling-legal-status-laws/

      To answer your original question:
      “Which land/country can operate unlicensed bitcoin/ethereum/etc online gamble whats fit to the current law?”

      I need to know, from which countries you will be accepting players from. I see your website is available in English so I assume eventually you will be interested in the UK gambling market.
      And if you eventually want to enter the UK gambling market, then your options are pretty limited. Only gambling licenses, which were “whitelisted” by the UK Gambling Commision are eligible for a licence in the UK:
      https://en.wikipedia.org/wiki/Whitelisted_gambling_jurisdictions

      So, it’s pretty clear what you have to do, contact each whitelisted license issuer and ask them about Bitcoin gambling. They will be able to help you. (You will also need an offshore company first. Hungarian companies will not be able to get a license from these places.)

      I hope this helps.

      • iFA says:

        My site is currently in 5 languages, English, Russian, Hungarian, German, French. The last two is really scanty.
        I have Russian visitors at most, the second is Poland.
        What do you think, when i rent in Netherlands an VPS and run from there this unlicensed service?
        If you can help me i can add some advertise for you on my website, but please let me speak in private! I have added you on skype.

    • SimonTheSorcerer says:

      If you have any more questions, please let me know. Also it would be awesome if you could mention and link back to my little gambling blog from your website. That would help me a lot. Thanks! 🙂

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