Top Bitcoin Casino Sites 2020
Bitcoin (BTC) is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. The crypto-currencies’ transactions are made with no middlemen, i.e. no banks. The great thing about BTC is that it’s all online and therefore there are low or no transaction fees at all. Bitcoins have obviously reduced overheads for online casino and betting sites, which often mean that casinos can (if they choose to) offer their games with a lower house edge or offer more rewards to each player in the form of bonuses and free spins. If you’re looking for the best Bitcoin betting sites in Australia and gambling sites that you can trust, then this page will surely help you in the right direction! The rise of Bitcoin, as well as the closure of some European casino sites in Australia, has most definitely paved way for many Aussies to seek alternative types betting sites online, especially ones which accept the all-new growing (anonymous) trend of Bitcoins.
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| 7Bit Casino  | Bonus up to $400 /5 BTC 200 Free Spins Unique Retro Design Bitcoin Accepted Swift Payouts & Support Read Review | Visit |
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| Syndicate Casino  | Welcome Bonus up to $1000 200 Free Spins Fun Theme Popular Games Speedy Support & Payments Read Review | Visit |
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| Bitstarz  | Up to $10,000 Bonus / 5 BTC 20 Free spins No Deposit Required Bitcoin Accepted Speedy Support Epic Promotions Read Review | Visit |
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| Loki Casino  | 100% up to $300 Bonus 100 Free Spins Superb Games Selection Trusted Casino Company Good Bonus Setup Read Review | Visit |
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| Guns Bet  | 100% up to $150 100 Free Spins Great Track Record Top Bonus Fantastic Mix of Games Read Review | Visit |
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| PlayAmo Casino  | Welcome Bonus up to $1500 150 Free Spins Bitcoin Accepted Expert Brand Big Games Collection Read Review | Visit |
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| Spartan Slots Casino  | 675% Welcome Bonus 150 Cash Free Spins Experienced Company Behind The Brand Bitcoin Accepted Popular Games Read Review | Visit |
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| Oshi Casino  | Bonus up to $400/ 1.25 BTC 180 Free Spins Quirky Design Bitcoin Accepted Massive Games Selection Read Review | Visit |
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What is Bitcoin?
Bitcoins can be used anonymously and make international payments easy and cheap because they are not tied to any country nor are they subject to any regulation. Bitcoins are stored in a digital wallet of which there are many different kinds available; it’s entirely up to you which you use. These wallets exist either in the cloud or on a computer. Think of a digital wallet like a virtual bank account that allows users to send or receive Bitcoins. You can pay for goods or save your money in the wallet as an investment as the price of Bitcoin can rise (yet also fall).
Whether you’ve dabbled and bought Bitcoins yourself for an investment purpose or use them to buy items online, I think we can all agree that using Bitcoin as a payment method makes things very, very easy. And this is one of the perks why playing at Bitcoin betting sites is becoming more and more popular.
Pros of Play at Bitcoin Betting Sites Australia
- Fortunately, the general trend seems to be going in the direction of favouring Bitcoin betting sites, with most of the major online betting sites having already integrated Bitcoin so that you are able to not only deposit but withdrawal entirely in Bitcoins.
- Therefore, you should not have any issues in finding Australian betting sites which accept Bitcoins. You can find a list of the best Bitcoin gambling sites below, but we’ll get to that in a moment. As long as you are comfortable and know how to get started and use Bitcoin, then there aren’t that many cons of using Bitcoins as a payment method – only pros.
- Of course, the obvious con could be that the value or price of Bitcoin falls to a lower value than what you bought it but that’s a trade-off – it’s usually stable and could easily (and most of the time does) go in the other direction.
How to Bet & Gamble Using Bitcoins
- For those of you who are new to Bitcoin, we suggest that it’s a good idea to do your research before you get started. Anyone who uses Bitcoin on a regular basis will tell you that you need to understand the fundamentals first, so have a look around and read up on guides so you know exactly how it works.
- Also, we recommend you to read any terms and conditions at the casino and betting sites before you take bonuses and make sure to know their cash out policy before you get started. Often, it’s the Bitcoin betting sites which are much easier to cash in and cash out but that doesn’t mean you should skip the main terms and conditions. It’s also wise to check that a casino supports the wallet or platform you use for your Bitcoin storing.
The 5 most popular cryptocurrencies for betting online:
- Bitcoin (BTC)
- Lightcoin (LTC)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Tether (USDT)
Casino Sites Accepting LiteCoin
| Casinos | Bonus | Visit |
| PlayAmo Casino | Welcome Bonus up to $1500 150 Free Spins Bitcoin Accepted Expert Brand Big Games Collection Read Review | Visit |
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| 7Bit Casino | Bonus up to $400 /5 BTC 200 Free Spins Unique Retro Design Bitcoin Accepted Swift Payouts & Support Read Review | Visit |
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| Loki Casino | 100% up to $300 Bonus 100 Free Spins Superb Games Selection Trusted Casino Company Good Bonus Setup Read Review | Visit |
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| Guns Bet | 100% up to $150 100 Free Spins Great Track Record Top Bonus Fantastic Mix of Games Read Review | Visit |
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Casino Sites Accepting Tether
| Casinos | Bonus | Visit |
| PlayAmo Casino | Welcome Bonus up to $1500 150 Free Spins Bitcoin Accepted Expert Brand Big Games Collection Read Review | Visit |
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| Bitstarz | Up to $10,000 Bonus / 5 BTC 20 Free spins No Deposit Required Bitcoin Accepted Speedy Support Epic Promotions Read Review | Visit |
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| Loki Casino | 100% up to $300 Bonus 100 Free Spins Superb Games Selection Trusted Casino Company Good Bonus Setup Read Review | Visit |
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Cryptocurrency Gambling & Taxes
Much like any gambling winnings, when you win at gambling sites using Cryptocurrency, the money is not taxable. Tax authorities don’t normally tax betting and gambling because it is usually not classed as trading income and Cryptocurrency isn't classed or even considered as legal tender and therefore avoid taxation. We would like to add however in light of this, that we are not tax lawyers or tax professionals so we always recommend you to speak to a professional regarding your income in your own jurisdiction.
Best Bitcoin Casino Betting Sites for Australian Real Money Players
With that said, above you will find the most Australian friendly Bitcoin betting and gambling sites. Some are Bitcoin only, and some offer both traditional and also Bitcoin banking options. Each new casino sites is owned and operated by trusted, licensed and well-reputed iGaming company.
These companies have been around for well over a decade. They each offer a fantastic range of casino games plus some great value when it comes to bonuses and promotions. Remember – that’s one of the best points about Bitcoin gambling sites – because of the lower overheads the casino has thanks to Bitcoin, you will be able to get much more value back as a player! Make sure you check back as we are adding new Bitcoin betting sites Australia on a regular basis. We believe that Bitcoin will soon become a popular way to deposit and withdraw at gambling sites and soon all of the major gambling sites around the world will accept this fast-growing cryptocurrency as a main deposit method!