Bitcoins

You may have seen Bitcoins mentioned in the news recently, they are indeed a hot topic and this looks set to continue as it’s not everyday a new type of currency begins to make its mark on the financial world. Here we’ll take a look at the basics of Bitcoins, what they are, how they are created and what use they have, and more importantly do they have a future that can benefit the online casino games player. Without delving too much into the technical side of Bitcoins (and it can get quite technical) we’ll try and explain all that you need to know about this new virtual currency.

Where can I Play with the Bitcoins?

Bonus
$7777 Welcome Bonus (code: SLOTO1MATCH)
Software
Real Time Gaming, ViG
Currency
Bitcoin Cash, Bitcoin, Litecoin, USD
Payment Method
American Express, Bitcoin Cash/BCH, Bitcoin/BTC, EcoCard, Ez Voucher, Litecoin/LTC, MasterCard, MyPayLinQ, Neosurf, Neteller, Pasteandpay, Skrill, Visa, Webmoney
Bonus
Up to $3000 (code: NEWWELCOME), 150% Bitcoin Welcome Bonus (code: BVCBITCOIN150)
Software
Bovada Gaming, Genesis Gaming, Makitone Gaming, Real Time Gaming, Revolver Gaming, Rival Gaming, Spinomenal
Currency
Bitcoin, USD
Payment Method
Bank Wire Transfer, Bitcoin/BTC, Courier Cheque, Money Transfer, MyPayLinQ, NetSpend, Rapid Transfer, Visa
Bonus
$777 Welcome Bonus
Software
Wager Gaming Technology
Currency
AUD, Bitcoin, USD
Payment Method
Bitcoin/BTC, Courier Cheque, EcoCard, MasterCard, Moneybookers, Neteller, Pasteandpay, Prepaid Card, Transfer Money, Ukash, Visa, Wire Transfer
Bonus
Up to $5000
Software
Wager Gaming Technology
Currency
Bitcoin, USD
Payment Method
American Express, Bitcoin/BTC, Courier Cheque, EcoCard, MasterCard, Money Transfer, Moneybookers, Neteller, Pasteandpay, QuickCash, Ukash, Visa, Wire Transfer
Bonus
Up to $3000 (code: BOLCASINO), 100% Crypto Bonus (code: CRYPTO100)
Software
Betsoft, Digital Gaming Solutions
Currency
Bitcoin, Litecoin, USD
Payment Method
American Express, Bank Wire Transfer, Bitcoin/BTC, Book to Book, Checks, Ethereum/Ether/ETH, Ez Voucher, Litecoin/LTC, MasterCard, Money Order, Moneybookers, Neteller, Pasteandpay, Pay by Voucher, Person to Person, Prepaid Card, Visa

What are Bitcoins?

Bitcoins are a virtual currency, they are not the only virtual currency but they are by far the most popular and widely used currency of this type. Bitcoin was created in 2009 by a developer called Satoshi Nakamoto who used cryptography to ensure that Bitcoin transactions were secure, hence the name cryptocurrency. All transactions are verified by a decentralized peer to peer network and more recently they have started to become accepted by many mainstream companies as a form of payment. Now you may pay for goods and services at places such as Reddit, Wordpress, OKCupid and the huge Chinese company Baidu, and more and more smaller establishments are now welcoming them, in fact there are bars and delis in the US where you may pay with Bitcoins.

To pay with Bitcoins you will of course need to own a quantity of them and you may either purchase them with real currency or mine them yourself, however to mine Bitcoins you’ll need a powerful computer. You may then buy and sell Bitcoins on many of the Bitcoin exchanges available, the largest of which is MtGox, however you will need to store your Bitcoins in a Bitcoin wallet of which there are many around. Paying with Bitcoins is a very simple process and all you need is the receiver's details. The funds take around 10 minutes to clear while the transaction is verified on the network, and the advantage of paying by this method is that the fees are extremely small compared to credit cards.

The pro’s and con’s of Bitcoin

Bitcoins allow total user anonymity and for this reason users have come under suspicion as to the type of purchases that may be made with them, and websites such as Silk Road and Sheep Marketplace have recently been shut down by the FBI for the type of goods on offer on them. Many people are also concerned with the security of Bitcoin as there are many stories of Bitcoin theft and this tied in with the rapid fluctuations in value have put many people off using them. It would be pointless for example to give their current value here in this article as the price and value changes extremely quickly.

Bitcoin does however offer an alternative payment type however until it is accepted by more mainstream companies, or you can use it for everyday shopping and purchases it may stay in the shadows and be used more of a trading currency, however this may change. Recently a US court has ruled that Bitcoin is in fact a legal currency and due to its popularity growing so quickly banks and governments have started to take notice of it with many believing that it is only a matter of time before it is in some way regulated as other currencies.

Do Bitcoins Have a Future in Online Gaming?

The debate as to whether Bitcoin has a future in online gaming is continuing and only time will tell, however there are Bitcoin casinos and online poker rooms now available for US residents, Seals with Clubs being the largest at present. As yet no major online gaming operator has begun accepting Bitcoin and this is in part due to the reasons mentioned above, ie. the security and the wild fluctuations in value. Many however do see a future in this new currency and believe that it’s only a matter of time before it becomes widely used in online gaming.

List of All Online Casinos Accepting Bitcoins

  • Lincoln Casino
  • Liberty Slots Casino
  • Bovada Casino
  • Betonline Casino
  • Sloto Cash Casino
  • Slotastic Casino
  • Uptown Aces Casino
  • Spinfinity Casino
  • Cafe Casino
  • Slots.LV
  • Superior Casino
  • Fair Go Casino
  • Ignition Casino
  • 888 Tiger Casino
  • Drake Casino
  • Red Stag Casino
  • Wild Casino
  • Joe Fortune Casino
  • Bodog Casino
  • BitStarz Casino
  • Ozwin Casino
  • Uptown Pokies Casino
  • Europa Casino
  • Casino Extreme
  • Betcoin Casino
  • Spartan Slots Casino
  • Box 24 Casino
  • SportsBetting Casino
  • Intertops Casino Classic
  • Mongoose Casino
  • Punt Casino
  • Irish Luck Casino
  • Slot Powers Casino
  • Vegas Amped Casino
  • 24 VIP Casino
  • BetLuckys Casino
  • BigSpin Casino
  • BitBook Casino
  • Bitcoin Cash Casino
  • Bitcoin Casino US
  • Bitvegas Casino
  • Black Lotus Casino
  • Cloudbet Casino
  • CyberSpins Casino
  • FortuneJack Casino
  • Heritage Casino
  • JazzSports Casino
  • JetWin Casino
  • Jumba Bet Casino
  • King Bit Casino
  • LaRomere Casino
  • mBit Casino
  • OG Palace Casino
  • TopBet Casino
  • True Fortune Casino
  • WagerWeb Casino
  • Full Flush Casino
  • Casino Brango
  • BoVegas Casino
  • 5Dimes Casino
  • BetAnySports Casino
  • Cherry Gold Casino
  • Cherry Jackpot Casino
  • Diamond Reels Casino
  • Dinkum Pokies Casino
  • Grand Poker Casino
  • High Country Casino
  • Mega 7s Casino
  • Nicabet Casino
  • Planet 7 Oz Casino
  • Rich Palms Casino
  • Super Stack Poker Casino
  • Two-Up Casino
  • Vegas Strip Casino
  • VietBet Casino
  • Yabby Casino
  • Bet DSI Casino
  • BetNow Casino
  • BetPhoenix Casino
  • BitcoinRush Casino
  • Buff88 Casino
  • Crypto Games Casino
  • Crypto Slots Casino
  • DuckDice Casino
  • Edgeless Casino
  • Lucky Games Casino
  • Nitrogen Casino
  • SkyWage Casino
  • YouWager Casino
  • 1xBet Casino
  • 7Reels Casino
  • 7 Spins Casino
  • Adrenaline Casino
  • Argo Casino
  • BetsEdge Casino
  • Bonanza Game Casino
  • CampoBet Casino
  • Cleopatra Casino
  • Efbet Casino
  • IVI Casino
  • LeonBets Casino
  • Natural8 Casino
  • Paiza Casino
  • Playamo Casino
  • Reeltastic Casino
  • Wild Tornado Casino
  • ZigZag 777 Casino
  • Casino 1 Casino
  • Classy Slots Casino
  • Euromoon Casino
  • Spintropolis Casino
  • Bet Cave Casino
  • Win Paradise Casino
  • 123VegasWin Casino
  • AnoniBet Casino
  • Betwinner Casino
  • Cromwell Casino
  • CryptoWild Casino
  • Jackpot Fortune Casino
  • Kaya Casino
  • Osiris Casino
  • Park Lane Casino
  • Slots7 Casino
  • Slots Villa Casino
  • Stake Casino
  • Fone Casino
  • Gossip Slots Casino
  • GTBets Casino
  • Juicy Stakes Casino
  • Miami Club Casino
  • Panther Casino
  • Planet 7 Casino
  • Play Blackjack Casino
  • Raging Bull Casino
  • Rich Casino
  • Silver Oak Casino
  • Slot Madness Casino
  • Slots Garden Casino
  • Slots Village Casino
  • Thebes Casino
  • Vera&John Casino
  • Slotman Casino
  • Horse Racing Betting
  • BetCris Casino
  • Island Casino
  • PowerBet Casino
  • Casdep Casino
  • GunsBet Caino
  • Golden Star Casino
  • Bitcoin.com Casino
  • ChineseBookie Casino
  • Mega Vegas Casino
  • Bitcoin Video Casino
  • Coin Dragon Casino
  • Miami Vice Casino
  • Grand Rush Casino
  • Bronze Casino
  • Cozino
  • Dragon's Tale Casino
  • Lucky Clic Casino
  • Lotus Asia Casino
  • BetBit Casino
  • VitalBet Sportsbook
  • Woo Casino
  • BombayBets Casino
  • CasinoNic Casino
  • TeleVega Casino
  • Play Your Bet Casino
  • BetBaller Casino
  • Casino La Fiesta
  • 21Dukes Casino
  • Loki Casino
  • Betus Casino
  • BitBet Casino
  • Black Diamond Casino
  • Captain Jack Casino
  • Bitcasino.io
  • BoaBoa Casino
  • Buran Casino
  • Casinia Casino
  • Malina Casino
  • RedPingWin Casino
  • YoYo Casino
  • Bumbet Casino
  • Lion Slots Casino
  • Coliseum Bet Casino
  • JackMillion Casino
  • Majestic Slots Casino
  • SBG Global Casino
  • Bet247 Casino
  • Cadoola Casino
  • FairPlay Casino
  • Indio Casino
  • Kahuna Casino
  • Omni Slots Casino
  • PlayCroco Casino
  • Pokies Parlour Casino
  • RioBet Casino
  • Slots.com Casino
  • Zar Casino