Best Bitcoin Casino In Australia

Last Updated on July 12, 2024 by LTC Casino Editorial

Bitcoin casino gambling has left many players perplexed in recent times. This is quite reasonable given that several Bitcoin casinos in Australia offer attractive bonuses, fast withdrawals, and other advantages. However, since Bitcoin is not like conventional payment methods and fiat currencies, players who are not ready to use it may encounter some challenges. Nevertheless, playing at an Aussie Bitcoin casino is much easier than one might assume.

What Are Casinos That Accept Bitcoin In Australia?

While Australian Bitcoin casinos are distinct from traditional online casinos, they share many similarities. The primary difference is the payment method used for depositing and withdrawing funds, but the gameplay process remains mostly the same. However, let’s start at the beginning.

Satoshi Nakamoto created Bitcoin in 2009, making it the first cryptocurrency. Today, Bitcoin is the most popular and trusted cryptocurrency worldwide. Unlike traditional payment methods, Bitcoin uses a decentralized computer network, which is powered by thousands of individuals. There is no central authority controlling the network.

Bitcoin’s decentralized structure determines its significant advantages, which is why an increasing number of casino sites are choosing digital currencies over fiat currencies. Bitcoin gambling has become a seamless extension of traditional real money games and has gained popularity over time.

In plain words, a Bitcoin casino is an online casino that permits players to deposit and withdraw funds using Bitcoin. These casinos utilize Bitcoin both as a payment method and an in-game currency. Most Bitcoin gambling sites follow standardized rules and offer a regular set of games while providing players with financial benefits.

The most significant advantage of gambling with Bitcoin is that you don’t have to sacrifice your privacy. Additionally, Bitcoin casinos frequently offer more substantial and higher-quality bonuses than traditional casino sites.

What To Look For When Choosing A Bitcoin Casino

To choose the right casino with Bitcoin, it’s crucial to consider a few key factors. Our editors have meticulously outlined these essential considerations below, guiding you to make an informed and secure decision in selecting the ideal Bitcoin casino.

User Reviews

When using any service, especially if it involves large sums of money, it is worth finding out what other people say. Unfortunately, when it comes to finance, there are risks of scams, and Bitcoin casinos are no different.

Naturally, authors of these reviews may be biased, for example, if they lost large sums of money. Therefore, it is worth paying attention to what exactly casinos are criticized for. If many people confirm that the casino rejects withdrawals without a good reason, it’s better to avoid such a website. If users mainly write that “pokies are dead and empty”, but do not complain about operational issues, then the problem may be related solely to their perception of the situation.

Return To Player (RTP)

When choosing a Bitcoin casino, check return to player (RTP). It should be clear that gambling comes with the negative expected value for the player. Nevertheless, RTP is the thing that determines how much you statistically lose with each bet. While it may seem like there is no significant difference between the RTP of 98% and 95%, it is quite noticeable on long timelines.

Generally, table and live games have the highest RTP, while in some pokies it can be quite discouraging. In most cases, you can find the game’s RTP in its dashboard.

Bonuses And Loyalty Program

Many Bitcoin casinos offer similar games, but bonuses and loyalty programs make them different. The gambling business is highly competitive, that’s why casinos seek to offer players generous bonuses for the first deposit, as well as additional rewards such as reload bonuses.

However, if the casino offers too attractive bonuses, there may be something wrong with it, for example, there may be problems with withdrawals. As the saying goes, if something is too good to be true, then, most likely, it is. If in doubt, look for reviews from other players.

Supported Cryptocurrencies

Several cryptocurrencies are advantageous for gambling. In some ways, they can be even better than Bitcoin. Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Tether (USDT), and XRP are recognized among the dominant ones.

The more cryptocurrencies the casino accepts, the better for the player. Nowadays, for example, it is hard to imagine a full-fledged crypto casino without Litecoin, which enables faster and cheaper transactions than Bitcoin.

Supported Jurisdictions

Although Bitcoin is not controlled by any government, the casino’s terms may state that players from a particular country are not allowed. Check the terms before making a deposit.

In addition, different countries have their own laws regarding cryptocurrencies, online casinos, and the taxation of winnings. If you are planning on joining a Bitcoin casino, it’s better to familiarize yourself with the legislation that may apply in your case.

Why Choose Our Bitcoin Casino?

Slow transaction processing times, exorbitant fees, and payments getting stuck are all too common occurrences for casino players who use bank accounts and debit cards in Australia. Bitcoin was created as a solution to the inadequacies of the current financial system, which are also apparent when playing at online casinos.

By utilizing Bitcoin to make deposits and withdrawals at LTC Casino, you can eliminate the risk of your transaction being frozen by your bank. The issue is that the payment system is overloaded with numerous intermediaries, which raises the possibility of errors or delays. When you transfer money with Bitcoin, only a transparent network exists between your wallet and the casino.

Moreover, the involvement of intermediaries comes with significant financial expenses. Banks often increase the cost of their services after surpassing a certain transaction limit. The Bitcoin network, on the other hand, doesn’t discriminate between a $1 or $1,000,000 transaction – the processing fees remain the same.

The awareness that it’s essential to have control over their finances and not depend on banks is increasing among people, which is why Bitcoin is gaining more popularity with each passing year. The online casino sector is also following suit.

Best Bitcoin Casino to Gamble With Crypto – NO KYC

No KYC Bitcoin Casino In Australia

Although Bitcoin transactions offer enhanced privacy, several cryptocurrency casinos demand verification, which deprives players of their anonymity.

LTC Casino stands out as a no KYC Aussie Bitcoin casino in a crowded market. What’s more impressive is that the no-verification gaming experience will appeal to those who are not overly concerned about their privacy. Our unconventional strategy enables players worldwide to enjoy the thrill of gambling at LTC Casino, and our withdrawals are fast and hassle-free, even for first-timers.

Bitcoin Casino Games We Offer To Players

The increasing availability of Bitcoin-based games is a strong indicator of the cryptocurrency’s widespread adoption. A few years back, Bitcoin gambling was a niche activity, and finding a suitable platform was a hassle. However, today, even established casino brands have recognized the potential of this market segment and are adding Bitcoin to their offerings. You can rest assured that virtually all popular forms of online gambling are now available with Bitcoin.

Bitcoin Casino Slots

At the forefront of Bitcoin casino offerings are slot games. Their numbers have exceeded 10,000 and still counting! The quality and trustworthiness of Bitcoin Pokies are comparable to those found in traditional online casinos. The only difference is that Australian Bitcoin casinos have adapted these games for crypto use. As a result, the leading development studios that are renowned for creating high-quality slots for traditional online casinos also contribute heavily to the creation of Bitcoin slots.

Bitcoin Casino Table Games

In addition to pokie games, all popular table games, including their live dealer versions, have also been adapted for use with Bitcoin. Among the most well-known Bitcoin Table Games are Blackjack, Baccarat, Video Poker, and Roulette, to name a few, but there are many others to choose from.

Bitcoin Casino Live Games

Live game shows such as Crazy Time, Dream Catcher, and Monopoly Live are an integral part of any Bitcoin Casino with Live Dealers They have revolutionized the online gambling industry in recent years and are now also available with Bitcoin.

Game Providers Available At Aussie Bitcoin Casinos

At LTC Casino, we’ve partnered with the world’s top providers to offer you the best Bitcoin casino games available at all times. Our website features pokies from renowned studios like Pragmatic Play, Habanero, BGaming, Spinomenal, Tom Horn, Platipus, and Endorphina, among others. And if you prefer Bitcoin live games, you’ll have access to tables from Evolution, Pragmatic Play Live, and Lucky Streak that are available 24/7.

One of the benefits of playing with Bitcoin at LTC Casino is that you get to experience the entire game collection. Some providers only support Bitcoin, which means their games are not available for other cryptocurrencies. Nevertheless, our website offers a vast selection of Bitcoin games that is on par with what some of the largest traditional online casinos in Australia have to offer.

How To Deposit Money To An Australian Bitcoin Casino?

Playing in Bitcoin casinos from Australia is easy and accessible. You don’t need to purchase an entire Bitcoin; simply buy a fraction and deposit the desired amount. For instance, with a deposit of only 0.005 BTC, you can play with the equivalent of over $100. However, it’s important to choose a BTC casino carefully. Before depositing, consider reading the casino’s rules and checking whether you need to verify your identity.

How To Buy Bitcoin?

For those who have never bought Bitcoin before, the process may seem daunting, but it’s actually quite simple. Several reputable platforms make it as easy as using traditional payment services. All you need to do is link your debit card, bank account, or PayPal account, and within minutes, you’ll have Bitcoin in your account.

However, it’s important to be cautious and choose a reputable platform because there are many fraudulent offers out there. Some of the most trustworthy services for buying Bitcoin online with fiat currencies include Coinbase, Binance, and Gemini.

Depositing Your Crypto To An Australian Bitcoin Casino

To deposit Bitcoin into a casino, go to the “Deposit” tab, select Bitcoin from the list of cryptocurrencies, and copy the casino’s address to your Bitcoin wallet. Once you approve the transaction, and it gets confirmed on the blockchain, you’re all set to play. Most service providers calculate the fees automatically based on the network conditions, so you don’t have to worry about that.

How To Withdraw Your Winnings From An Australian Bitcoin Casino

Withdrawing your funds from LTC Casino in Bitcoin is a straightforward process. Simply access the “Wallet” section and choose Bitcoin as your withdrawal currency. Then, enter your Bitcoin wallet address and the amount you wish to withdraw. Our system will process your request in real-time, and you should receive your BTC in your wallet within a few minutes. Note that if it’s your first withdrawal to a new address, you’ll need to verify your wallet via the email link.

LTC Casino’s instant withdrawal feature is one of its main advantages. As a result, you’ll have to wait for only 10 minutes after submitting your request before the funds appear in your Bitcoin wallet. For more information on the processing times for Bitcoin deposits and withdrawals, please refer to our guide.

Where Can I Store My Bitcoin Winnings?

There are several ways to store your winnings after withdrawing from an Aussie Bitcoin casino:

  • 1. Hot wallet. A hot wallet is a software that allows you to access and spend your Bitcoins instantly. Popular hot wallets include Exodus, Electrum, Mycelium, and Trust Wallet. It is crucial to keep your private key secure when using a hot wallet, as you may need it to recover your funds later.
  • 2. Cold wallet. A cold wallet is a hardware device that you can connect to your computer when necessary. The most well-known cold wallets are Ledger and Trezor. With a cold wallet, you receive a 24-word seed phrase that you should never share with anyone, as it can be used by unauthorized individuals to access your wallet and steal your funds.
  • 3. Exchange. Another option is to store your Bitcoins on an exchange that manages your private keys. While this option makes Bitcoin more convenient to use, you must trust the exchange since you do not control the private keys. Additionally, you can easily convert your Bitcoins to fiat currency on an exchange without having to send them to another address.

Playing With Bitcoin At Australian BTC Casino: Pros And Cons

In conclusion, it’s important to weigh the pros and cons of using cryptocurrency when gambling at a casino, whether it’s LTC Casino or another platform. There is no single cryptocurrency that is superior for gambling, so it’s crucial to consider the specifics of each option.

Benefits of using Bitcoin at casinos:

  • The most popular cryptocurrency: easy to purchase, exchange, and store.
  • Transfer funds with ease: no more lost transactions due to bank issues.
  • Access to thousands of games, including pokies and live dealer games, just like with traditional currencies.

While Bitcoin has numerous advantages for gambling, it also has its drawbacks and may not be the best payment method available. When using Bitcoin at a casino, it’s important to understand the meanings of mBtc, mLtc, or mEth to make accurate calculations.

Disadvantages of using Bitcoin at casinos:

  • Higher fees and longer processing times compared to other cryptocurrencies.

We understand that players may be hesitant to use Bitcoin as their casino deposit method due to this drawback. To cater to all players, LTC Casino has added support for multiple cryptocurrencies, so everyone can choose what works best for them. If you have any questions about BTC casinos, browse our Bitcoin casino FAQ for more information.

Australian Bitcoin Casino FAQs

  • What are the benefits of using Bitcoin for online gambling?

Bitcoin provides increased privacy, faster transaction processing, and lower fees. Additionally, the Bitcoin network is secure from outside interference, meaning your transactions cannot be frozen. These benefits make Bitcoin an excellent alternative to traditional payment methods for real money gambling, as we have explained in our Australian Bitcoin gambling guide.

  • Do casinos accept Bitcoin payments?

Yes, many casinos now accept Bitcoin payments. Along with dedicated crypto casinos, more and more traditional casinos are starting to support Bitcoin as a deposit and withdrawal option, and may even offer games denominated in BTC. Players can often also play with other currencies, such as dollars or euros, even if they deposit with Bitcoin.

  • Are there any limits on Bitcoin deposits and withdrawals?

Bitcoin itself has no transaction limits, but individual casinos may impose minimum deposit and maximum withdrawal limits. Refer to the casino’s terms and conditions for specific information.

  • Can I withdraw my winnings in Bitcoin?

Yes, you can withdraw your winnings using Bitcoin. First, you need to withdraw your winnings from the Bitcoin casino to an exchange that supports fiat currency conversion. The exchange where you originally bought your Bitcoins is often a good choice.

Next, sell your Bitcoins for fiat currency and link a payment method to your exchange account. Many exchanges allow withdrawals to bank accounts, credit cards, and third-party payment systems like PayPal.

  • Does LTC Casino require government ID verification for Bitcoin deposits?

At LTC Casino, we do not require verification from Australian players who deposit with Bitcoin, allowing you to play at a no ID online casino. In other words, you can withdraw your winnings in BTC without facing any documentation checks or other obstacles.