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Bitcoin Casino Australia

bitcoin casino australia

We are going to take a closer look at Bitcoin casinos that offer excellent online gambling opportunities for Australians. Bitcoin, as the oldest and most used cryptocurrency, has become a popular tender among online gamblers because it provides fast, secure, and private transactions. On this page, you will find all the important information about casino sites accepting BTC.

Cryptocurrencies are legal in Australia,, which means that Bitcoin casinos are also legitimate. This provides gamblers with a safe and controlled game environment. If you’re new to this topic, look no further for detailed information because we’ll go over every aspect you’ll want to know about using your Bitcoin in online casinos. Casinoaustralia team has studied everything there is to know about gambling in Bitcoin casinos. We will provide the entire list of features you are interested in and some useful tips for beginners. Without further ado, let’s jump right into it!

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Best Online Casino To Play With Bitcoin in Australia 2022

Casino Rating Welcome Bonus Score Casino Site
1
7bitCasino
9 votes
100% + 100 FS
90
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100% + 100 FS
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KatsuBet
9 votes
A$100
89
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Rickycasino
10 votes
A$7500 + 550FS
88
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A$7500 + 550FS
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Bambet
6 votes
A$450 + 200 FS
87
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What are Bitcoin Casinos?

If you’re an old Bitcoiner then skip this paragraph because we will quickly take a look at what Bitcoin is overall. Bitcoin is a digital currency that works without a middleman. It’s a peer-to-peer payment system, meaning you will be making payments directly to and from the other recipient. No banks and financial institutions are involved, who would charge a fee per transaction and also pose a potential privacy risk.

Bitcoin was created in 2008 by an anonymous programmer called Satoshi Nakamoto. Within 14 years it has become an accepted payment method in many countries, including Australia, Europe, and parts of Asia. It’s possible to use Bitcoin to pay for goods and services as well as use it as an investment tool. The number one digital currency is being used by over 100 million people worldwide with over 270,000 confirmed BTC transactions per day.

Bitcoins’ price reached parity with the U.S dollar in 2011 and started its flight to new heights from there. One Bitcoins current price floats around 55,000 AUD. Bitcoiners call this moment in time the price discovery period, where the price of one coin is very volatile. Bitcoin is being used for paying for goods and services, including real estate, college tuition, and simple grocery shopping. As the most popular digital currency, it’s also a popular payment method in online casinos.

How to Choose the Best Bitcoin Casino in Australia?

First of all, make sure you choose an approved gambling site with a gaming license. The gaming license assures that the casino is being closely monitored and is, in fact, a safe gaming site. Other indicators include the history of the casino brand, variety of games, bonuses, payments methods, mobile compatibility, fees, and terms. Our experts have looked into all of these factors and will help you choose the Bitcoin casino for your interest.

Gambling Licences

Online Gambling in Australia is being regulated by the Interactive Gambling Act. Let’s just say that a gambling license is the most important detail to look for when choosing a casino. You can check the license validity by looking for a regulators logo from the bottom end of the website. Australians are also able to gamble on foreign sites. Countries with trustworthy licenses include Malta, Curacao, Isle of Man, and the UK.

Speedy and Convenient

Let’s be honest – no one wants their online card games or pokies to be interrupted and paused. When checking out different gambling platforms, keep an eye on the speed of how all the visuals and graphics are running. Good gaming quality is provided by trustworthy gaming software developers who strive to deliver high-end casino experiences.

Mobile Compatibility

Casino mobile compatibility is essential because we’ve become used to accessing all of our social, financial, and entertainment needs from our smartphones. When choosing online Bitcoin casinos, also check out if they have an app for your iOS or Android. Most Bitcoin casinos do let you enjoy fast service on the go!

Game Variety

Online casinos with a wide selection of games allow you to try out different games and swap between them. Of course, some players have multiple accounts in different casinos, but honestly, it’s all about convenience.

Bonuses & Promotions

Casinos compete by offering generous bonuses and promotions in order to invite new players to their site. Bear in mind to also read the information about the process of withdrawing bonuses because some places let you cash out your bonus winnings, whereas other sites only let you use them for financing the next games.

Deposit Process
Game Selection
License
SSL certificate
Live Support

Advantages of Bitcoin Casino

Click on Deposit Button
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Choose Deposit Method
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Decide Amount of Deposit
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Click Deposit
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Enjoy Casino Games
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As we’ve got to know what is Bitcoin, let’s move on and see the advantages of using Bitcoin as a payment method in casinos. The community of people who prefer to organize their finances digitally is growing vastly. Cryptocurrencies provide people with unexampled transaction speeds and privacy. Our team has put together a list of advantages that a Bitcoin casino provides for its users!

  • Instant payments – BTC payments are incredibly fast because they don’t need confirmation from a third party. Traditional bank transfers can take up to 5 business days to come in, Bitcoin transactions, on the other hand, take minutes or seconds to be available for gambling.
  • Privacy protection – It’s a common misconception that only criminals value the privacy and anonymity of their financial transactions. Let’s admit we all enjoy privacy when it comes to our consuming habits, and the blockchain technology that backs Bitcoin provides uncompromised privacy.
  • Optimized for online gambling – Digital currencies are a perfect solution for online gambling platforms as BTC is designed for digital use. One could say that fiat currencies are for shopping at the veggie market and digital currencies are for doing business online!
  • No additional fees – As we’ve explained above, BTC is a peer-to-peer payment system without a middleman. So BTC users are also free from any transaction fees that a traditional bank would impose.
  • No limits – No minimum and maximum transaction limits apply to Bitcoin, so you can transfer the amounts you need without having to comply with your bank rules.

Disadvantages of Bitcoin Casino

Every gem has its cons and the number one digital currency isn’t an exception. We will also take a closer look at some of Bitcoin’s disadvantages.

  • Price volatility – Sometimes the price of Bitcoin can swing up to 20% a day. This makes gambling with Bitcoin a bit more challenging because one needs to keep an eye on the current market price to not lose money because of the market swings. This being said, high volatility could work in your favor too because the general trend of Bitcoin is upward.
  • No refunds – Keep a cool head and always double-check everything before you make any transactions from your crypto wallet. This is essential because there are no refunds or reclaims once a cryptocurrency transaction is made.
  • High taxes – Bitcoin and all other cryptocurrencies are taxed with income tax. So when gambling online, consider almost a 20% tax on all of your winnings.

How to Apply for Bitcoin?

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Choose Casino
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Sign In
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Deposit Money
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Grab Bonus
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Choose Game

We will give you examples of how and where you can purchase BTC. We’ll also take a look at Bitcoin wallets. Australia in fact is unique, as the government favors crypto casinos to traditional fiat operating online casinos. So there are many exchanges where you can legally and safely buy Bitcoin.

We recommend using Coinbase or Coinmama to purchase Bitcoin. Look for the “get started” or “sign up” button on the top right corner of each of these sites. It will take you to a straightforward registering form, where you’ll need to enter some personal information. These sites require proof of identity and a proof of address. Proof of address can be provided simply by loading up a bill with your home address that is not older than 90 days.

Your application will usually be reviewed the same day and then you can enjoy full access to the exchange. From there on you can simply transfer Australian dollars to your account and purchase Bitcoin the very next minute. It is possible to keep your Bitcoin on the Coinbase or Coinmama account, as every user automatically gets an online wallet when they start using the site. Let’s call this your Bitcoin wallet!

How to Deposit Money with Bitcoin?

Let’s take a look at how to deposit Bitcoin funds to an online casino account of your choice. We’ve divided this process into four simple steps for beginners, so follow our lead and get gambling!

  • Buy Bitcoin – If you don’t hold Bitcoin already, then read a longer description of purchasing some from the previous chapter. Many Australian online casinos actually have links to reputable exchanges where it’s possible to trade AUD for BTC. So check these links out and choose, which platform you will be using to get yourself some Bitcoin.
  • Register a casino account – If you don’t have an account on your favorite gambling site yet, then register one now. This is a straightforward process that requires some personal information. To make the casinos a safe gaming place for everyone, it’s necessary to go through the identity and address verification process. This is vital to make sure no one is able to create multiple accounts as well as to keep any shady money laundering attempts blocked away.
  • Select Bitcoin as a deposit method – Once your casino account is up and running, go to the payments section on the dashboard. From the “banking options” tab choose Bitcoin as your deposit method. You will get a QR code and a digital address for the online casino’s wallet. The address is a unique long combination of letters and numbers.
  • Deposit and play – Log into your Bitcoin wallet and click on the tab “send/receive”. Copy the casino’s wallet address and paste it to the allocated space on your exchange. Confirm the transaction with an authenticator app. Check your casino account to see if the transaction is already complete and start using the funds for gambling!

How to Withdraw Money with Bitcoin?

You won! How do withdraw winnings back to the wallet? Let’s take a look at the steps needed for withdrawing money from a Bitcoin casino! Withdrawing cryptocurrencies differs slightly from using bank wire or e-wallets because here you need to enter your Bitcoin wallet address manually every time you withdraw. This just adds up to the safety!

  • Get your BTC wallet address – If you haven’t written it down on a sticky note on your desktop, then you’ll need to log in to your Bitcoin wallet to get your wallet address. Copy that address and keep it on the go.
  • Log in to the casino account – This time around the transaction will be made from the casino’s website. Move to your balance and transactions section on the dashboard.
  • Create a withdrawal claim – Enter the amount of Bitcoin you wish to withdraw from your account. You could withdraw the whole balance or just a piece of it. Paste your BTC wallet address to the claim, there will be allocated space for it. Make sure to check the correctness of entered information and click “withdraw”.
  • Start using – Check your BTC wallet to see if you’ve received the funds and continue using them.

Best Places to Buy Bitcoin

One of the most popular Bitcoin trading platforms is Coinbase. It’s an American company and also the largest exchange in the US by trading volume. Coinbase was founded in 2012 and offers traders a trustworthy platform for buying and selling cryptocurrencies. The next available service for buying some digital currencies is Coinmama. Founded only a year later in 2013, Coinmama also aims to provide the “simplest financial solution out there” for trading digital currencies.

We can also recommend a peer-to-peer exchange called LocalBitcoins. This platform uses an escrow system, where the transfer of Bitcoin is made after funds are received in the seller’s account. As with trading on any market, one should invest time into doing research on the prices to avoid buying at the absolute peak. If you’re new to Bitcoin, then take time to read about the market trends and analyze the current situation to take full advantage of purchasing Bitcoin.

How to Play as an Anonym at Bitcoin Casino?

The anonymity of one’s identity and data is an important factor for many online players, and Bitcoin casinos offer just the right solution for these folk. Bitcoin payments are based on blockchain technology that won’t let anyone identify the player’s real persona. Thanks to blockchain, all Bitcoin deposits, and withdrawals from a casino are confidential and authorities like the central banks and government can’t detect who you are.

With more freedom comes more responsibility. It used to be that people with gambling addiction could be banned from entering an in-house casino. In a way, this method helped to keep people with real gambling problems out of the casinos, but there were definitely situations where this kind of ban wasn’t based on objective grounds. If you feel you are developing a problem with gambling, seek professional support from adequate organizations. Part of enjoying full anonymity at online casinos is being responsible for yourself and for your finances.

Using Bitcoin in Online Casinos

Bitcoin casinos started to appear in the early 2010s. Because Bitcoin is a currency designed for online transactions, implementing it in online gambling was a logical step for the community.

Bitcoin and other cryptocurrencies are used in many gaming sites because of the cutting-edge blockchain technology. It is a peer-to-peer transaction system that does not require a middleman and therefore users are able to skip all bank fees and possible privacy breaches. Players also love to use Bitcoin, especially in Australia, where BTC casinos are in favor of the government.

Mobile Gambling with Bitcoin

The freedom that Bitcoin casino users can enjoy doesn’t end with everything we’ve explained above. With the vast development of the technology industry, our smartphones have become capable of doing almost anything one would do behind their laptop or pc. People are constantly on the go, therefore the need to take care of things online must be reachable from our pockets. Almost all Australian and abroad BTC casinos already run high-end mobile applications for the comfort of their customers.

The software developers are actively using the capabilities of portable devices for the convenience of gamblers. May it be a tablet or a smartphone, Android or iOS, there is a solution for every need. Now, this pairs up with Bitcoin and blockchain technology perfectly because of the lighting fast transactions this digital currency provides. What use could you have from a fast-running casino app if your payments would take days to arrive?

With Bitcoin we don’t have to sweat about it because all the transactions move within seconds and as matter of fact these transactions are only getting faster as Bitcoin network develops further. With smartphones and tablets being an integral part of our everyday lives, it’s self-evident that players want to access online casinos anywhere in the world. To enable this, the best online Bitcoin casino sites in Australia are adapting to mobile browsers.

Types of Online Bitcoin Casino Games

Blackjack
Roulette
Baccarat
Bingo

Essentially you can play all the common games at an online Bitcoin casino. The options include live casinos, traditional cards games like blackjack and baccarat, slot machines, and everything in between. Every casino is built on a theme or a narrative, some are more classical and some are more modern.

Bitcoin Baccarat

Baccarat is a famous and loved card game that originates from 19th century France. It’s also known as the game that James Bond plays in the movies. No wonder because it’s a truly thrilling game with many online versions. The essence of the game is to compare cards and see who has a stronger hand. Each round of play can have different outcomes in favor of the player, banker, or both as a tie.

There are also historical variations of Baccarat called punto banco and chemmy. Essentially Bitcoin casinos have featured versions of this loved card game. You can enjoy live dealer Baccarat or random number generator Baccarat.

Bitcoin Blackjack

Blackjack is also known as “twenty-one”. Again it’s a fiercely loved old card game that originates from 17th century Europe. This game has been played throughout centuries and has become famous all around the world as a widely played banking game. Players don’t compete against each other; instead, they compare hands against the dealer.

Similar to Baccarat, it’s possible to choose to play it in the live casino or with the random number generator software. Random number generator software generates unpredictable numbers and it’s a common tool for casinos.

Bitcoin Roulette

The word “roulette” comes from French and translates to “little wheel”. In this game, the player bets on a single number or a color and spins the wheel. Well actually, the dealer will spin the wheel. It’s quite common in online casinos that newcomers can try out roulette for free.

This is good to be able to check out the overall impression of an online casino site – if you enjoy yourself you can always start betting on a real money! There are exclusive Bitcoin casino roulette tables, where you can enjoy a live game with all the glamour and excitement. Play the best roulette with Bitcoin casino!

Bitcoin Slots

Slots are a different type of casino entertainment from classical card games. With slots, you make a bet and then spin the reel for the outcome. Australians are actually more used to playing pokies,, which is basically the same game. Slots or pokies, however, you fancy, come in truly a thousand versions.

There are character-themed slots like fairytales or sports legends, fruit games, and much more. Play with confidence because Bitcoin casinos ensure a safe and fun gambling environment. Also, check out the endless free spins and bonuses that casinos offer for slot fans. Enjoy the fast withdrawals and slot away!

Bitcoin Casino Bonuses

Welcome Bonus
Free Spins Bonus
Deposit Bonus
VIP Program
No Deposit Bonus
Daily, Weekly and Monthly Bonuses
Reload Bonus

Now let’s talk about the sweet stuff – bonuses! Bonuses are a great way for gamblers to test out different BTC casino sites and games they haven’t played before. You’ve got nothing to lose. Quite the opposite – you can test out the game and decide whether you’ll continue playing it for real money or move on to the next one.

Australian Bitcoin casinos are rather generous when it comes to these sweet offers. There is another great aspect of gambling with Bitcoin, and it’s the BTC market value. If you play and win with fiat currencies, then you are bound to the amount that you won. If you play and win with Bitcoin, the likelihood of Bitcoin’s price increase is almost certain, so you’ll end up cashing out even more than you would with traditional money.

Let’s take a quick look at different bonuses! The welcome bonus is essentially a bonus you can use when signing up to a new BTC casino site. A deposit bonus might require a certain amount of deposit to be made in order to get free spins or free money to finance your games. No deposit bonus means you can actually play without depositing at all! Reload bonus simply gives you free play tickets for reloading on your account. Always read through the terms and conditions that apply to know for sure how to claim your free spins and bonuses!

Bitcoin Fees and Terms

BTC transactions go straight from peer-to-peer, in this case from a player to a casino or vice versa. Cryptocurrency transactions aren’t connected to any banks that would charge a transaction fee. Buying and trading BTC on exchanges is free of taxation as well. The only moment when you’ll need to worry about the taxes is when you swap your BTC to fiat currency. Then you have to declare your Bitcoin as income and pay income tax on it.

Some Bitcoin casinos may charge a commission for using crypto payment methods. Read through the terms and conditions of a BTC casino before opening an account. Always be on top of your financial transactions and just enjoy the innovative payment network that Bitcoin provides. With BTC you’re taking a step towards a safe monetary system that allows its users to transact as fast as they need.

Bitcoin Safety and Security

Bitcoin casinos are safeguarded from multiple sides. First of all, all legal Australian online casinos comply with a heavy set of state regulations that make it impossible for a casino to participate in any criminal infractions. As mentioned in an earlier paragraph, look for a regulators logo on the bottom of a casino website while browsing for a gambling spot. If it’s a licensed gaming site, you can trust it!

The next security layer is Bitcoin payment system itself. Bitcoin is built on blockchain technology that is irreversible and impossible to hack. This means, all the transactions are locked into the blockchain and it’s impossible to hack in for stealing private information about the transactions. The player and Bitcoin casino will transfer funds between their Bitcoin wallets. The only thing you need to make sure of is providing the correct wallet addresses for each transaction.

Being a decentralized payment system, no middleman has access to your funds or your sensitive personal information. This is how it should be because it’s the most private and fast way to manage finances and interact with a Bitcoin casino.

FAQ

  • How to Deposit Bitcoins at Online Casinos?
    For making a Bitcoin deposit at an online casino one must have a Bitcoin wallet. From the wallet, you can transfer funds straight to the casino’s wallet address. A casinos wallet address will be found on your Bitcoin casino account, under “deposit bitcoin”.

  • Is it safe to deposit and withdraw via Bitcoin casinos?
    Yes, it’s the safest way to deposit and withdraw money between a customer and a casino.

  • Are there any deposit limits?
    There are no deposit limits with Bitcoin. The casino itself might apply some limits, check that out from your chosen casino site.

  • Are Bitcoin Casinos legal in Australia?
    Australia actually favors Bitcoin casinos to fiat operating online casinos.

  • Is there a bonus for Bitcoin Casino?
    Almost every Bitcoin casino has numerous bonus offers. Find them on each casino’s website!

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