What Bitcoin Casino Games Can I Play?
There are a lot of games you can play on Bitcoin Casinos. You can play the following games with Bitcoin.
Indian Casino Games
You will be excited to know you can play your favourite Indian casino games with Bitcoins. There are different games to choose from including Indian slots like Kabbadi Raiders, Jackpot Raiders, and many more. You can also enjoy Indian card games such as Teen Patti and Andar Bahar.
More interesting is that you can play live dealer versions of Teen Patti and Andar Bahar using Bitcoin.
Classic Casino Games
You can play classic casino games with Bitcoin. You can, for example, enjoy popular online slots like Mega Moolah, Immortal Romance and Starburst.
Tables games such as online Roulette, online Blackjack, online Baccarat can also be played with Bitcoin.
You can also play live casinos, including Live Blackjack, Live Roulette, and Live Baccarat.
Is it Legal to Play Bitcoin Casinos in India?
Yes, it is completely legal to play in a Bitcoin Casino. India, like many other countries, has no law against the use of Bitcoins or any cryptocurrency. Bitcoin is a publicly owned currency system, it has no centralized bank or government regulating it.
There is a bill that allows the Reserve Bank of Indian to examine and block online payments in India. However, they cannot block payments with Bitcoins because there is no law prohibiting Indians from using it. You can play freely on any Bitcoin Casino and make deposits or withdrawals as you do in Indian Rupees.
How to Deposit Bitcoin in Online Casinos
To deposit Bitcoin in an online casino, simply follow the steps below:
- The first step is to get your Bitcoin wallet.
- Once you have your bitcoin wallet, purchase Bitcoins from currency exchange services.
- Go to the deposit of the casino
- Select Bitcoin as your deposit method
- Fill in the required details and enter the number of Bitcoins you want to deposit
- The Bitcoin Casino will display its digital wallet address. Copy the address and enter it in your Bitcoin wallet
- Send the Bitcoins from your wallet into your casino’s wallet.
What is the Minimum Deposit?
The minimum deposit depends on the casino. It is usually the same as the casino’s general minimum amount. However, there are different deposit limits for different payment methods on some casinos. It is better to find out the minimum by reading the casino’s Terms and Conditions.
How to Withdraw Bitcoin in Online Casinos
- Log in to your Bitcoin Casino
- Go to the withdrawal
- Click on withdraw and choose the Bitcoin method
- Enter amount and your wallet address
- Click on “withdraw” to complete the process
How Long is the Withdrawal time?
This depends on the casino. Withdrawals re usually instant. However, your payment may be delayed by the casino’s payment processing or pending time.
Do I have to Pay Any Fees When Depositing or Withdrawing?
On most casinos, there are no extra charges for depositing with bitcoins. But if there are charges, it is usually very little.
How to Find a Good Bitcoin Casino
- Check games on offer – Confirm if your casino offers Indian games or other casino games you like to play.
- Check deposits and withdrawals – Know the deposit and withdrawal limits and the withdrawal time.
- What bonus do they offer? Check if the casino offers no deposit bonuses, deposit bonuses or free spins.
- What licenses does the casino hold? The Bitcoin Casino must be licensed and regulated by a respected gaming authority for players’ security.
Pros and Cons of Bitcoin Casinos
Bitcoin transactions at online casinos do not include any fees because it is a decentralized currency. This means it isn’t linked to any government or financial institutions. This also makes the payments untraceable to you. There will be no tax charges by your government or deduction by any institution.
Also, the transactions are usually instant which means you can pay and withdraw funds without delay.
The downside is that Bitcoin transactions being untraceable helps many fake websites to scam players easily. There are many illegitimate Bitcoin Casinos and you have to be careful in choosing one. Also, Bitcoin casinos can choose not to hold a license to operate in a certain jurisdiction. These unlicensed bitcoin casinos are not answerable to any authority and may run illegal operations.
Lastly, Bitcoin is a volatile currency. This means the exchange rate can change very quickly at any time. If it moves positively, it may favour you but if it moves negatively, you would lose a lot of money.
Alternatives to Bitcoin
Bitcoin remains the major form of cryptocurrency accepted by Indian casinos. However, most of them accept the other forms except for a few ones. Here are the popular bitcoin alternatives you may find at a bitcoin casino.
Ethereum was released in July 2015 and the popularity has grown exponentially since then. It is the second-largest cryptocurrency platform, only behind Bitcoin.
There are so many similarities between Ethereum and Bitcoin, only little differences exist. For example, Ethereum transactions occur faster than Bitcoin transactions as it’s block time is 14 to 15 seconds.
Also, there is a massive difference in the value of both currencies. 1 Bitcoin is about $9,200 while an Ethereum value is around $237 (in July, 2020). Despite this big difference in their monetary values, Ethereum’s total market is second only to Bitcoin. Most casinos that accept cryptocurrencies include Ethereum as an option.
Litecoin was initially released in October 2011 and also possesses many similarities to Bitcoin. It is one of the top 5 cryptocurrency platforms in the world. The block time for Litecoin transactions is 2.5 minutes, rather than 10 minutes for Bitcoin transactions. This makes Litecoin transactions faster than Bitcoins.
1 Litecoin is around $43 (in July, 2020) which means it is of lesser monetary value to Ethereum. It is also offered as a form of currency on many Bitcoin Casinos.
Ripple was released for the first time in 2012 and has grown to be one of the world’s top cryptocurrencies. 1 XRP stands at $0.20 (in July, 2020). Its block time is 3.5 seconds, making the transactions very fast. Many casinos also offer it as an alternative to bitcoin.
What is a Bitcoin Casino?
A Bitcoin Casino is an online gambling site that offers casino games and allows payment in Bitcoins.
Is it Safe to Play at a Bitcoin Casino?
Generally, it is safe to play at a Bitcoin Casino. However, there are many fake Bitcoin Casinos that only exist to scam players. You need to make sure you play at a licensed casino to ensure you are safe. We advise that you choose any of our recommended Bitcoin casinos to join.
Can I Play Casinos with Bitcoins?
Yes, you can play casinos using Bitcoin as your method of payment on any Bitcoin Casino we recommend.
Will My Balance be in Bitcoin or Rupees?
This depends on the casino you’re playing at. While some casinos may leave your balance in Bitcoins, some others may convert it to Rupees, Euro or USD. You can always confirm how it is done at the casino site you choose.
How Do I Create a Bitcoin Wallet?
You start by downloading the Bitcoin Wallet app to your device. It can be found on Google Play Store and App Store for Androids and iOS devices. There are other versions of the wallet which are compatible with Mac, Windows, and Linux. Install and launch the app after downloading it.
From the home screen, tap the “+” button to create a new wallet. You will be required to choose a wallet name and enter some additional details.