Privacy, anonymity, and security are just some reasons why Bitcoins are making waves in recent years. Such is their popularity that some casinos are now adapting Bitcoin payments in their platforms. If you are looking to play at Bitcoin gambling sites but don’t how and where to find the best options, you’ve come to the right place. Find the best Bitcoin casino sites, games, and bonuses, and learn more about bitcoin cryptocurrency in this guide.
Best Bitcoin Online Casinos in Ireland
Bitcoin Payment Method in Irish Casinos
Bitcoin casinos normally support regular payment methods that we are familiar with from traditional online casinos besides bitcoin and other cryptocurrencies. However, there are also those casino sites that cater only to cryptocurrencies and don’t support other payment methods.
If you’ve never used bitcoin (BTC) or other cryptocurrencies before, then it may be a bit tricky to start with compared to other payment methods because BTC must be acquired first. Fundamentally, you will need to have a bitcoin wallet for storing and keeping your bitcoins safe. You will then be provided with a unique wallet ID. From here, you can buy some Bitcoins from an exchange such as Coinbase and pay the applicable rate.
The good news is, once you have your own bitcoin wallet, the rest is incredibly easy. To deposit funds so you can start playing at your preferred Bitcoin online casino, simply choose ‘’Bitcoin” as your payment method and then transfer money to your casino account from the wallet ID provided. The moment you confirm the transaction, your account will be credited with the funds almost instantaneously.
Bitcoin – What It Is and How It Works
Bitcoin is a new and revolutionary way of moving funds across the web safely, quickly, and cost-effectively. On the surface, Bitcoin may sound complex. In reality, however, it is not that difficult at all. Unlike traditional currencies such as the US dollar and Euro, Bitcoin is a decentralized currency, which means it does not use third parties like banks and works solely in a peer-to-peer system.
Technically, bitcoins cannot be stored anywhere as they don’t exist in any physical shape or form. Rather, it’s the public and private keys consist of long strings of numbers and letters which serve as your Bitcoin address and transaction signature that need to be stored securely. Due to its volatile nature, Bitcoin, which was initially released by its founder under the pseudonym Satoshi Nakamoto in 2009, experienced some setbacks in the beginning. However, bitcoin has recently catapulted into the spotlight again in 2011. Since then, its popularity continued to grow and many businesses and organizations online have started adapting it, most notably, a growing number of online gambling sites.
What Games Can You Play at Bitcoin Casinos?
Bitcoin casinos offer a wide range of casino games. Whether you prefer online slots or traditional games such as blackjack and roulette, or poker and dice variations, you will find an impressive plethora of Bitcoin games to choose from that cater to all types of players. The top games you will find at Bitcoin casino sites include the following:
- Slots Machines – Big Shot, Cleopatra’s Gold, Wizard of Gems, Viking Runecraft Slots, and plenty more
- Roulette – American Roulette, European Roulette, and French Roulette
- Blackjack – Blackjack favorites such as 21 Blackjack, Super 7 Blackjack, Blackjack Pairs, European Blackjack, and 5 Diamond Blackjack
- Video Poker
- Live Dealer Casino Games – Live Blackjack, Live Roulette, Live Baccarat
The selection of games largely varies from one Bitcoin casino to another. Thus, it is always a good idea to check the list of available games offered by an online casino before signing up. This way, you can make sure that you’ll be able to enjoy playing the games of your liking. In many cases, casinos also offer free casino games you can try out risk-free before playing for real money.
What to Consider When Choosing a Bitcoin Online Casino
Bitcoin casinos are, in many ways, not much different from the classic online casinos we enjoy today. Just as the popularity of online casinos is rapidly rising, there’s also an ever-increasing number of online gambling platforms accepting bitcoins as payment method. With this, it is always a good idea to do your research and choose your casino wisely before committing funds.
Haven’t got the time to do your own research? Fret not, as the experts here at casinomole.com have done the hard work for you and picking a bitcoin casino from our top list will ensure that amongst other things you sign up with a reputable and trustworthy casino.
Still, if you prefer to look at the available options in-depth for yourself, here are some of the key things you should consider when making your choice of a bitcoin online casino to play at:
- Safety and Security
- Fairness and Regulation
- Quantity and Quality of Games
- Solid Customer Support
Setting Up a Bitcoin Account
Bitcoin is a relatively new concept, particularly in the online gambling industry. Don’t be put off should you find it a bit confusing to wrap your head around bitcoins and other cryptocurrencies. To help you get started, here’s an outline of the steps you can follow to get started with bitcoin:
Step 1: Create an account at an online bitcoin wallet provider.
Before you can use bitcoin to deposit and withdraw funds, you will need to create a bitcoin wallet first at a legit bitcoin website such as coinbase.com and blockchain.com.
Step 2: Choose the type of e-wallet you like.
Selecting the right wallet for you is an important step that shouldn’t be taken lightly, as it’s basically where you can send, receive, and manage your bitcoin. There are roughly three types of bitcoin wallets you can choose from – mobile wallet, web wallet, a desktop wallet, and a physical wallet. Each type of wallet has its own unique characteristics in terms of security and ease of use.
Step 3: Add BTC to your bitcoin wallet.
Each wallet generates a unique bitcoin address automatically, which essentially serves as your bank account number. When buying or receiving BTC, you’ll be using your unique bitcoin wallet address. You can purchase bitcoins from an online bitcoin exchange, from other traders, or mine them yourself.
Step 4: Now you can use your bitcoin wallet to send and receive bitcoin funds.
When using bitcoin at an online casino, you won’t need to enter any card details as all you’ll need is your bitcoin wallet address. This means you can deposit and withdraw funds at your chosen bitcoin online casino anonymously.
How to Make a Deposit at Bitcoin Casinos
Once you have loaded funds to your bitcoin wallet, you can deposit them to your chosen bitcoin online casino. Below we’ve outlined the steps for you to follow when making a deposit with bitcoin:
Step 1: Choose a trusted and reputable Bitcoin online casino.
Step 2: To make your first deposit, go to the casino’s cashier section and choose Bitcoin as your preferred payment method.
Step 3: Enter your desired deposit amount as well as your Bitcoin address, which is a series of letters and numbers typically ranging from 27-38 characters used to identify your account.
Withdrawal from a Bitcoin Casino Site
If you get lucky and managed to win a jackpot prize, you should be able to withdraw your winnings from a Bitcoin online casino effortlessly. All it takes is for you to go to the payment options page of the online casino and enter your Bitcoin address, as well as the amount you wish to withdraw. Your money will then be transferred from your online casino account to your Bitcoin wallet.
Advantages of Using Bitcoin When Playing at Online Casinos
Bitcoin casinos are considered the next big thing in the iGaming industry. There are key benefits that playing at Bitcoin casinos offer to modern players. Here let’s take a look at the most important ones:
- Almost complete anonymity with each transaction: Users are kept anonymous, which means that when you carry out transactions at a certain gambling site using Bitcoin, your sensitive details such as your name and banking information are kept private and you can’t be traced with the funds you pay either. This is particularly useful in case gambling is illegal in the country where you are at. The chance of your winning getting seized is next to impossible when you use Bitcoin.
- Swift and Safe: Faster, sometimes almost instantaneous payment transactions and at the same time, Bitcoin uses advanced encryption technology for added safety and security.
- Minimal Fees: It eliminates the burdens of banking regulations which also translates into very minimal to zero fees at all.
Drawbacks of Using Bitcoin
While bitcoin can be an excellent modern payment option considering its advantages as we’ve listed above, there are still some drawbacks or risks you might want to consider before going with this option.
- Additional Steps Required
For a lot of players, the need to set up a bitcoin wallet to start with can seem like an extra task that will require some learning curve.
Bitcoin’s value is highly volatile, that is, its value can change unpredictably, which can add up another element of risk to your online gambling strategy.
Bitcoin Casinos: Frequently Asked Questions
As a new big development in the online gambling scene, chances are you have several questions in mind when we talk about Bitcoin casinos. In this section, we try to cover a few of the most frequently asked questions about bitcoin casino sites for your reference.
- What is Bitcoin?
Bitcoin is a type of virtual currency that follows a decentralized system and peer to peer transfers rather than through a third party such as banks. Due to its decentralized system, one of Bitcoin’s main advantages is its unmatched anonymity and privacy.
- Is it safe to use bitcoin at online gambling sites?
For the best part, using bitcoin when gambling online is safe. However, just like you keep your physical wallet safe, you also want to see to it that your bitcoin wallet is safe enough, otherwise, hackers could steal your coins. With this in mind, when creating a bitcoin wallet, it’s essential to make a backup as well so you can ensure that you’ll always have access to your bitcoin wallet, and thus your bitcoin.
- Are there any fees or charges involved?
Not usually, and if there is, it’s usually just very minimal, and it’s because bitcoin rids of third parties and transactions are processed peer to peer across the web. Occasionally though, there may be processing fees that may apply depending on the online casino you choose.
- How fast are payment transactions processed with bitcoin at online casinos?
Owing to the fact that processing time from third parties like an external bank is eliminated, in most cases processing payments and withdrawal of funds using bitcoin is processed almost instantaneously.
- Is Bitcoin legal in Ireland online casinos?
Bitcoin online casinos are legal in Ireland so you don’t have to worry about violating any gambling laws, provided that you only choose to play at licensed and regulated bitcoin casino sites. Examples of world-recognized gambling bodies are the Malta Gaming Authority and United Kingdom Gambling Commission.
- Where can I obtain bitcoins?
There are various ways you can add funds to your bitcoin wallet. You can purchase bitcoins at cryptocurrency exchanges such as Bitstamp, Coinbase, and Coinmama. Most cryptocurrency exchanges accept credit cards or bank transfer payments, with some even accepting PayPal payments. You can also buy bitcoins personally from other traders. Users can also obtain bitcoin by mining them or doing certain tasks online in exchange for bitcoins.