The Best Bitcoin Live Casino Sites to Play Online

A Bitcoin live casino is a casino where players can play with real dealers and place a bet on Bitcoins. It is possible that the online casino only uses bitcoins, which means that there are no other possibilities, such as playing with euros. All options available in the online casino are then tailored to the Bitcoins. An online casino can also be registered as a Bitcoin casino if there is the possibility to play with Bitcoins, but also if there is the option to play with for example euros, US, AU or NZD dollars. So it’s not necessarily the case that you can’t play with real money in a Bitcoin casino.

What are bitcoins?

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Bitcoins are digital ‘coins’. They don’t exist in a physical form. This means that there are no bitcoins that you can actually hold or have in your wallet. Someone once thought that there had to be an online means of payment and so the idea came up to design the Bitcoin. In fact, BTC gambling is nothing more than ‘air’, but it does have a certain value. Bitcoins are limited and there is an ongoing trade in them. People try to sell their bitcoins when it is most advantageous and they also try to buy bitcoins when it is cheapest. There are people who actually trade full-time in this type of digital payment, but there are also people who don’t want to know anything about it.

What is the value of paying for a cryptocurrency?

The value of a bitcoin is not the same for one minute. Trading casino bitcoins determines, among other things, the value of a single bitcoin. You can always find the current value of a bitcoin via the search engine. In the past, a bitcoin has been worth a few tens, but it has also happened that you could sell a bitcoin for a few hundred euros. Because the price is constantly changing, it is very important to take a good look at when you buy or sell bitcoins. This is the only way to make a good profit with your bitcoins in the long run.

How can I pay with cryptocurrency in a live casino?

In a Bitcoin real dealer casino, you can pay with Bitcoins. It is only wise to do this when the value of the bitcoins is low. If you have won a larger amount in bitcoins, you can have it paid out to your Bitcoin wallet. You can then wait until the value of the Bitcoin is very high and then sell it. Your profit will be even greater than if you had just played with euros. If you want to deposit bitcoins to a live online casino, this is done with some kind of code. Bitcoin payments are therefore completely anonymous. This also means that you have to be sure that the online casino in question is reliable. Once the deposit has been successful, you can play live casino games such as Live Punto Banco as with any other payment method.

In most cases, you pay the current value of the Bitcoin, possibly supplemented with an administration fee. With Bitcoin gambling bonuses, you don’t really know how much money you’re actually spending. On May 1, 2017, the purchase value of the Bitcoin was € 1,283.37 at 2:00 p.m. and at the same time, the sale value of one Bitcoin was € 1,184.11. So there is a significant value difference between 1 euro and 1 Bitcoin. If you don’t know this very well, and you don’t know how much money you’ve lost until later on, then you might be very shocked by a wrong bet during Live Blackjack for example. On the other hand, it is also true that winnings in bitcoins are often worth much more than winnings in euros.

Do I get paid in Bitcoin by the live gambling?

This depends on the online casino. A cryptocurrency casino that really only runs on this digital currency will in most cases also pay out in Bitcoin. Live Casinos that also offer other options, such as playing bitcoin roulette with dollars, can choose to pay out winnings through the regular bank and this means that you will be paid out in euros. So this may work to your disadvantage, financially speaking. If you want to play in a Bitcoin casino, then it is definitely advisable to check first if you are getting paid out in Bitcoin as well.

I don’t have any bitcoins. What to do?

If you don’t have bitcoins, but you want them, you can buy them from a bitcoin office. Of course, they are only available online. In order to receive a cryptocurrency (or several Bitcoins), you need a special wallet. You also need to open this wallet online and the bitcoin will be transferred to this so-called account. Your account is a code and is not in your name. This means that nobody can find out who you are from your cryptocurrency account. This was also one of the reasons why the government is not happy with the Bitcoins. Because it’s all anonymous, it’s an excellent way for the underworld to do business. You can choose from three types of wallets: the mobile wallet, the desktop wallet and the hardware wallet. If you want to play directly, you can always make a deposit to your player account via iDEAL or PayPal.

I won a bitcoins. What now?

If you have won bitcoins, you can have them paid by the online live casino to your BTC wallet. The amount will then be credited to this special account online in Bitcoins casino site. You can leave it here until the Bitcoin’s value is so high that you are willing to sell it. You should be experienced in this, although you can never predict what the Bitcoin will do in the future. In the past, a Bitcoin may have plummeted in value by hundreds of euros in one day.

Buying cryptocurrency for the live casino

Do you want to buy bitcoins for live gambling? Then you can go to Bitcoin.com to buy bitcoins in a safe way at a good price.Is it interesting to play in Bitcoin live casinos?
It can be interesting to play with Bitcoins, but you have to be very experienced with the means of payment. With Bitcoins, you don’t really know how much money you’re actually spending. On May 1, 2017, the purchase value of the Bitcoin was € 1,283.37 at 2:00 p.m. and at the same time, the sale value of one Bitcoin was € 1,184.11. So there is a significant value difference between 1 euro and 1 Bitcoin. If you don’t know this very well, and you don’t know how much money you’ve lost until later on, then you might be very shocked by a wrong bet during Live Blackjack for example. On the other hand, it is also true that winnings in bitcoins are often worth much more than winnings in euros.

Do I get paid in BTC in the casino?

This depends on the gaming site. A live casino Bitcoin o that really only runs on this digital currency will in most cases also pay out in cryptocurrency. Casinos that also offer other options, such as playing with euros, can choose to pay out winnings through the regular bank and this means that you will be paid out in euros. So this may work to your disadvantage, financially speaking. If you want to play in a Bitcoin casino, then it is definitely advisable to check first if you are getting paid out in Bitcoin as well.

I don’t have any bitcoins to live gambling. What can I do?

If you don’t have bitcoins, but you want them, you can buy them from a bitcoin office. Of course, they are only available online. In order to receive a Bitcoin (or several BTC) you need a special wallet. You also need to open this wallet online and the bitcoin will be transferred to this so-called account. Your account is a code and is not in your name. This means that nobody can find out who you are from your Bitcoin account. This was also one of the reasons why the government is not happy with the Bitcoins. Because it’s all anonymous, it’s an excellent way for the underworld to do business. You can choose from three types of wallets: the mobile wallet, the desktop wallet and the hardware wallet. If you want to play directly, you can always make a deposit to your player account via iDEAL or Neteller.