Thankfully for all of us who enjoy letting our hair down a little when the wife is not paying attention, there is finally a trusted site that ranks and reviews the Best Bitcoin Casinos & Sportsbooks. Now we bet with assurance that we know the odds and where we can play if we’re located in the United States. Better yet, if we actually win money we can have the assurance that we can actually withdraw our winnings safely and fast.
Top Online Bitcoin Casinos is a third party that ranks the online Casinos that allow players to bet using cryptocurrency and cash out in cryptocurrency or fiat (cash). We test the so called “Top Online Casinos” for transparency, odds to win, gameplay, player bonuses & withdrawal speeds.
With blockchain and digital ledgers we also can make sure the Casino’s aren’t robbing us blind like in the past. Cryptography and the blockchain enable us as players to check and see if the games are Provably Fair and also verify their claims on the blockchain.
Criteria That Weighed Heavily In Their Rankings
- Provably Fair
- Anonymity & Ability to Play Without Registering Name, Address, Etc.
- Bonus & Prize Giveaways
- Content, Selection & Graphics
- Availability to US Residents
- Ease of Gameplay/Games Loading Without Error
- Withdrawal Speed
- No Hassle Withdrawals
- Ability to Withdraw Winnings in Cryptocurrency or Fiat (Cash)
Provably Fair technology is unique to bitcoin gambling and adds to the transparency of bitcoin online casino by verifying bet outcomes were correct and fair.
The system is based on the fact that bitcoin uses a cryptographic algorithm using hash functions, which are very difficult to decode or break.
What is Provably Fair Gambling?
Open Algorithms are used by online gambling operators, in the form of Random Number Generators, Hashing or Random Seed Generation to verify each transaction that takes place on its site. Each game or transaction has its own algorithm for checking its particular fairness.
Blockchain platforms are 100% transparent and immutable. Purchases and pay outs are open to all on public ledger which cannot be tampered with.
A program code can oversee the entire process, and zero human interference is involved. The specifics of how the system work are quite interesting.
How Does Provability Work
The application of Provably Fair systems may vary a little bit from game to game but the principle is the same for all single player games. Multiplayer games like poker are a little more complicated. The key to the Provably Fair system is that it uses a cryptographic hash which is considered unbreakable for practical purposes. This ensures that the information sent to the player and casino is unknown and can be deciphered. The way this happens is:
- The casino creates a seed number for the bet
- This is hashed and sent to the player
- The player adds a seed and the bet plays out
- At the end of the bet the player receives the seed used in the bet
- If it matches the bet is verified. No interference occurred!
- If the casino tried to manipulate the bet in any way the hash function would be changed and the bet would not be verified. For the first time in gambling history a bet pay out can be verified by a player in real time!
How is it Used by Both Casino and Player to Ensure Fairness?
Checking underlying fairness involves verifying that each game works as advertised and that there are no errors leaving room for unfair play. An online casino issues a seed number or randomly generated number to the player which is hashed or encrypted. This is suitably buffered to ensure the same hash doesn’t reoccur. Once a player has finished a transaction or game, they can use these seeds to prove fairness. The player will do this by using the algorithm, hashes, and seeds as well as the events of the transaction to check that the outcome is indeed Provably Fair.
If something has transpired which is not fair, the seeds at the end of the game won’t match, and this will prove the outcome to be unfair. This process can also be carried out on blockchains other than Bitcoin’s.
Which Other Cryptocurrencies are Involved in Provably Fair Gambling?
The expansion with the creation of more cryptocurrencies which are becoming significant for gambling has opened the door for Provably Fair gambling to move onto other blockchains. Etherium, Dogecoin, Litecoin and many more have become platforms for Provably Fair gambling as well. Nevertheless, it is important to remember that Provably Fair gambling is a blockchain-based feature.
Provably Fair Gambling, which came about through Bitcoin’s blockchain for the first time in history, has presented us with gambling that is 100% transparent and secure.
This gives players peace of mind that there are no background manipulations taking place and that the outcomes of the games they play are verifiably random. Inevitably this will draw more players to cryptocurrency gambling.
We hope this article was helpful in assisting those new to gambling at Bitcoin Casinos or Bitcoin Sportsbooks in beginning their research before deciding on the best option for them. You can rest assured that by using Top Online Bitcoin Casinos as a resource, you’ll at least be selecting from the very best.
Best Online Bitcoin Casinos 2018
Coming in at #1 again, BetChain is an impressive casino and one of the pioneers in the Bitcoin scene. Since it was established, the casino has focused strongly on servicing the Bitcoin community. Only lately the casino has opened up its doors to traditional currencies, but its identity remains strongly defined by Bitcoin. Betchain is also re-launching its whole VIP program and refining its customer service further to offer an unprecedented gaming experience to all its clients
BetChain’s focus on service, coupled with unique bonus offers, makes it one of the most successful Bitcoin casinos. BetChain caters to customers hailing from different regions of the world. That means that apart from English, its page is also available in German, Spanish, Russian, Italian, Portuguese, Turkish, Greek, Dutch and Swedish. BetChain also offers live chat, 24 hour customer support, and lightning quick withdrawals.
Provably Fair: BetChain emphasizes provably fairness, allowing gamers (and the casino) to verify all bet outcomes to ensure they were correct and fair.
- Safe and Secure: BetChain claims to use the latest in encryption and secure servers to ensure that customers’ money is always safe.
- 24/7 Support: Contact BetChain anytime, day or night, at firstname.lastname@example.org or through the BetChain support form.
mBit is another major U.S. friendly bitcoin casino brand that have earned a stellar reputation for quality software and great customer service since they were founded in 2014 . They are based in Curacao and are fully regulated by the gaming commission there.
- All the games at mBit were independently tested and verified for fairness by RNG.
- mBit is now home to over 1,000 different games and new ones are added weekly.
- Live dealer blackjack, sede, baccarat, roulette and more available for BTC or Euro.
- Deposit instantly and for free. Sign-up takes seconds and only requires an email.
- mBit Casino is fully functional on any Android, iPad, iPhone or Windows Phone.
- United States of America players are welcome. Site in both English and Russian.
- mBit have an exceptional VIP program and a 110% 1st deposit bonus to 1 BTC .
#3 – Bitstarz
One of the most popular Bitcoin casinos out. The casino is provably fair and regulated by the Curacao government. It offers around 1,000 high quality games, however it does not offer a sportsbook feature (where you can bet on popular sporting events). Bitstarz also accepts multiple currencies and isn’t limited only to cryptos.
Deposits can be made via Mastercard, Skrill, Neteller, Bitcoin, Litecoin, Bitcoin Cash and various other methods making it highly accessible to worldwide users, even those who don’t own Bitcoin. Support is available through social media, online chat and email. It’s also probably the most appealing casino out there in terms of design.
What really caught our eye about Bitstarz is the fact that they respond to user complaints even via Reddit, which shows they care about their customer experience and are willing to step up when needed.
You can find over 1400 games from several casino game providers like iSOFTBET, Endorphina or Evolution Gaming. FortuneJack Casino has also one of the widest selection of cryptocurrencies. The Casino supports 8 cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dogecoin, Dash, Monero, and Zcash.
The casino is based in Eastern Europe in Georgia. The team seems to be competent, because they have made several provably fair casino games from scratch. FortuneJack Casino and the fast new casino lobby updated in May 2018.
FortuneJack Review – Pros
- The casino has been around since 2014, so it is quite experienced Bitcoin casino
- Excellent deposit bonuses and no deposit bonuses
- Very good selection of over 1400 games with also live casino games
- FortuneJack is one of the biggest and most popular crypto casinos, so the financial backup of the casino should be in order
- The support works great
- One house-made provably fair dice game
FortuneJack Review – Cons
- The deposit amount must be turned over (wagered) 2 times before withdrawal request will be approved
- The bonuses must be wagered 40x before the possible winnings can be withdrawn
- The free spins winnings must be wagered 45x (the 25 free spins) and 50x (the 250 free spins)
Top Online Bitcoin Casinos independently tests each Bitcoin Casino by depositing funds, playing games, checking Affiliate Program payouts for accuracy as well as withdrawing funds from each Casino. Top Online Bitcoin Casinos then provides a review and grade of each Casino following the criteria mentioned at the beginning of this article.
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