Australian Bitcoin Casino Sites
Sure, the Australian casino market is not what it was in past due to ever changing legislation, but there are still some aspects of the industry thriving, and many online casinos are starting to introduce new ways in which you can gamble. Let us introduce you to the world of Australian bitcoin casino sites.
What are Bitcoin Casino Sites?
You have all heard of bitcoin, right? It is a cryptocurrency. This means that it is not under the control of any central government. While there are several different cryptocurrencies out there, this is the most popular of them.
Bitcoin casino sites allow you to deposit any bitcoin that you have into your account and then gamble with it. Most of the top casino sites will ‘pay’ you market rate for the bitcoin that you deposit into your account.
So, you aren’t technically gambling using bitcoin, you will be gambling using Australian Dollars, although this is something which does differ from site to site, so you are going to need to look into that a bit to know what is going on.
The obvious advantage is that you can gamble in bitcoin. A lot of people seem to be paying others in bitcoin nowadays, and it is nice to have a different way to spend it. All of the online casinos (that we have personally seen, at least) will give you a decent rate for your bitcoin too.
In addition to this, due to the volatility of the currency, you may find that even if you make a loss, you end up withdrawing more from your account than you would have done if you had sold the bitcoin at a later date.
This is a bit of a weirder thing but, I promise you, it happens and has happened to me several times. On the other end of the spectrum, you could also end up withdrawing less than you would have earned if you had just sold the bitcoin on its own.
How to Find Australian Bitcoin Casino Sites
You do it in much the same way as you would find any other online casino. If you have viewed some of the other guides that we have on this site, then you should be well-educated in that area anyway. If not, here are a couple of tips:
- You will want to ensure that the site has a plethora of different games available. The more games there are, the merrier. Now, most of the people who are reading this website are going to be interested in slots and the like. However, even if you are just interested in slots right now, you may as well still opt for an online casino which has some table games and some live dealer games. You never know when you are going to want to hop into them.
- You will want to choose a site which makes it easy to deposit bitcoin. It is unlikely that the casino will allow you to withdraw in bitcoin, although it does happen. Of course, you will want to ensure that the online casino you sele2ct gives you a fair rate for your bitcoin. Now, it is likely that you will be charged a sort of ‘premium’ when you deposit, because casinos still need to deal with the rigmarole of handling an inherently unstable currency, but it is still good to get the best rate possible.
- The site needs to have some awesome bonuses that you can sink your teeth into. Plenty of them. We are talking welcome bonuses and, perhaps more importantly, some loyalty bonuses. In fact, the loyalty bonuses are incredibly important to us, mainly because it means that we can continue to play at the site and get some rewards. It is always nice to be appreciated like this, trust us on that one!
We know how tremendously difficult it can be to track down a top Australian bitcoin casino site to play at, this is why we have put together a list of some of the best places around.
All of these places have been vetted by the team that we have here at APS, so you know that they are going to be good. Spend less time searching, and more time playing (and hopefully winning!)