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Best Australian Bitcoin Casinos 2024

Jamie Bungaree | Reviewed by: Gail Banavage | March 31, 2016 | Updated on: October 2nd, 2024

Bitcoin, the first cryptocurrency, enables trading without intermediaries or government intervention. Since its stabilisation in 2011, some casinos have embraced Bitcoin, with a few becoming exclusively Bitcoin-based. Many online casinos still support Bitcoin and other cryptocurrencies as part of their banking options.

Top Australian Bitcoin Casinos

Last reviewed on Dec 18th, 2024
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What Is Bitcoin? A Brief Introduction

Bitcoin, a virtual and decentralised currency, operates independently of traditional banks and government regulation. Originating outside conventional financial systems, it allows users to maintain anonymity and avoid national taxes on online casino transactions. Today, over 28.5 million Bitcoin wallets are in use globally.

Despite initial scepticism, Bitcoin has gained significant value and popularity, especially in the online casino industry. Many casinos now consider Bitcoin one of the fastest and most convenient payment methods, with Australian online gaming sites increasingly supporting Bitcoin and other cryptocurrencies for deposits.

Recent Changes to Legislation In Australia

In Australia, changes to the Interactive Gambling Act, effective from June 11, 2024, have introduced a new ban on using cryptocurrencies for payments at online casinos. This regulation complements the existing restriction on using credit cards for online gambling, both aimed at improving player safety and minimizing financial risks.

As a result, Australian players are now required to use other approved payment methods when engaging in online casino activities. However, it’s worth noting that these restrictions are unique to Australia, as cryptocurrencies continue to be accepted for online gambling in many other parts of the world. We also should point out that some offshore casinos may still accept Bitcoin and other cryptocurrencies, so the option may still be available for now.

Pros And Cons of Crypto Casinos In Australia

While Bitcoin was an option in the past, let’s look back at the pros and cons of opting for this payment method:

Pros of Crypto Casinos
  • Anonymity: Crypto casinos offer greater privacy since transactions occur directly between the players and the casino, without involving any third parties.
  • Fast transactions: Cryptocurrencies enable quicker deposits and withdrawals, usually within a matter of minutes.
  • Variety of cryptos: The best Bitcoin casinos in Australia casinos accept a wide range of digital currencies, allowing players to explore different currencies.
  • Latest technology: Crypto casinos often feature innovative designs and integrations.
  • No conversion fees: Players can avoid forking out money for conversion costs when using Bitcoin.
Cons of Crypto Casinos
  • Regulation: Unlike traditional casinos, crypto casinos operate in a less regulated space, which may raise concerns about safety and fairness.
  • Volatility: Cryptocurrencies can be volatile, affecting the value of winnings and deposits.
  • Limited availability: While the industry is still growing, not all casinos accept Bitcoin as yet.

Where to Buy Bitcoin For Gambling In Australia

While there are online casinos that may allow you to exchange fiat currency for Bitcoin and other currencies, there are some strictly crypto casinos that will only accept digital currencies. It is for this very reason that before you can register for an account at a Bitcoin casino, you must find a cryptic exchange.

If you need a fully compliant crypto exchange, Australians often prefer eToro. Here is the step-by-step process on how to make your first purchase of Bitcoin:

Register for an account

Head to your preferred crypto exchange and register for an account. If you are opting for eToro as your preferred crypto exchange, head to wwww.etoro.com/au and fill out the registration form. You will be asked to fill out basic information, such as your name, email address, date of birth, home address and phone number. You will also be asked to complete the KYC procedure by submitting verification documentation.

Make a deposit

eToro accepts a good range of options to fund your account. You can opt for a debit or credit card, PayPal and POLi amongst others. Be aware that any deposits made in Australian Dollars will be converted into US Dollars. Your deposit may be subject to conversion fees.

Purchase your first BTC

Find Bitcoin in the list of available digital currencies or use the search field. The minimum you can spend at eToro is $1.

Steps To Sign Up For A Bitcoin Casino Account In Australia

Bitcoin’s ease of use has led to its widespread popularity in online casinos. Setting up a Bitcoin account is as simple as registering for any e-wallet. Just follow our straightforward steps, and you’ll be ready to play at a top Bitcoin casino in Australia in no time.

Create a Bitcoin wallet

Set up a Bitcoin wallet. There are various types—software, online, or hardware wallets. Each has its own advantages and disadvantages. Bitcoin.org provides detailed descriptions to help you choose the best option and create your wallet easily.

Add or acquire bitcoins

After setting up your wallet, you can add bitcoins to it. You can get bitcoins from friends, exchange them at a bank, or buy from a reputable reseller. The most common and reliable method is using online exchanges like Mt. Gox.

Select your preferred Bitcoin Casino in Australia

With bitcoins in your wallet, find an online casino that accepts Bitcoin. Simply choose Bitcoin as your payment method, follow the instructions, and you’ll be ready to play in minutes.

It’s important to understand how Bitcoin works for deposits and withdrawals to avoid any financial issues.

Benefits Of Cryptocurrency Payments

Bitcoin casino games are a major trend in the iGaming industry. Initially, many doubted Bitcoin’s success, but it has proven them wrong. As Bitcoin casinos became popular, our experts reviewed them. Many online casinos now accept Bitcoin and other cryptocurrencies. Read our casino reviews to find out more.

We recommend choosing from our list of trusted casinos to ensure a safe experience. Signing up at a reputable Bitcoin casino in Australia offers several benefits.

Fast And Secure Online Payments

Payments made in Bitcoin and other cryptocurrencies are considered to be one of the fastest online banking transactions amongst Aussie players.

  • Payments in Bitcoin and other cryptocurrencies are among the fastest for Australian players. Crypto companies have unbeatable security, ensuring that transactions are hack-proof and funds remain safe from third parties.
  • Using cryptocurrencies allows you to transact and play anonymously. Bitcoin casinos don’t require personal or bank details, and your gaming history stays private.
  • Unlike traditional money, cryptocurrency transactions often avoid banking fees and are not subject to the same taxation rules.

Special Bitcoin Bonuses

Many reputable online casinos are increasingly promoting cryptocurrency use for deposits and withdrawals.

Many offer special casino bonuses or promotions for using cryptocurrencies. Look for substantial welcome bonuses that pay out in Bitcoin or other popular cryptocurrencies.

The good news is that many Bitcoin casinos want to reward their players with special bonuses. In the case of hybrid casinos, which accept both fiat and cryptocurrency, there are two types of casino bonuses available. There is one for fiat depositors and another one for crypto depositors, which is generally far more generous.

As is the case with any casino bonus you are thinking of claiming, make sure you read the terms and conditions carefully.

Deposits And Withdrawals

Depositing and withdrawing in Bitcoin (or other cryptocurrencies) is easier and more flexible because online casinos have fewer requirements for these transactions.

If your chosen casino accept Bitcoin in Australia, simply sign up for an account as usual and select Bitcoin as your main currency. You’ll still enjoy all the usual perks, like the Welcome Bonus.

As a general rule, withdrawing in Bitcoin is quicker and simpler. While the first payment might take a few hours to process, later transactions are usually instant. Additionally, many online casinos have withdrawal limits, but these often don’t apply when using cryptocurrencies. Always check the terms and conditions to understand your benefits fully.

Tips For Choosing The Best Crypto Casinos In Australia

Choosing the best Bitcoin casinos in Australia entails a number of factors and considerations. Here are some tips and tricks on how to make an informed decision.

  • Supported Cryptocurrency: Not all crypto casinos offer and accept Bitcoin, though the large majority do. Check beforehand as it may affect your deposit and withdrawal options.

  • Game selection: A good Bitcoin casino should have a wide and diverse range of games on offer. Look for online Bitcoin casino sites that offer thousands of online pokies, table games and live dealer games.

  • Bonuses and promotions: Bitcoin casinos often have unique bonuses, with fair terms and conditions, such as lower wagering requirements. Compare welcome bonuses, reload bonuses and other promotions. Most importantly, explore the terms and conditions so you can pick the right casino with the best deal.

  • Safety measures: Ensure that your chosen best Bitcoin casino in Australia has tight safety and security features in place. Your Bitcoin assets are valuable, so choose a Bitcoin casino with solid safety measures to protect your funds.

  • Withdrawal speeds: Quick withdrawals go hand-in-hand with Bitcoin transactions. Look for the best Bitcoin casinos in Australia that process your withdrawals within a matter of minutes.

Each player has different preferences that could impact your gaming session, so it is important to look for the most important factors that matter to you the most when choosing a Bitcoin casino.

Steps To Sign Up For A Bitcoin Casino Account

There would not be so many people using Bitcoin if it was in any way difficult to set up an account and become a regular player at a Bitcoin casino. Thankfully, registering for a Bitcoin account is as easy as setting up any e-wallet. Follow our easy steps, and you will be playing at a top Bitcoin online casino in a moment.

1

Create a bitcoin wallet

Go to a bitcoin site such as bitcoin.org, and set up what is commonly known as a bitcoin wallet. There are many different types of bitcoin wallets, such as software, online, or hardware. We encourage you to look at the various pros and cons of each to determine which suits you best. Bitcoin.org has a very good description of each, so you should have no issue selecting what suits you, and creating your wallet.

2

Add or acquire bitcoins

Once your wallet has been set up, you are free to get some bitcoins to put in it. You can acquire bitcoins from friends or family directly, or get a bank to exchange them, or visit any reputable bitcoin reseller and buy them yourself. The most popular and reliable way is through online exchanges like Mt GoX.

3

Select your preferred bitcoin casino

Now that you have bitcoins in your wallet, all you need to do is find a BTC Casino or an online casino that accepts bitcoins. All you need to do is deposit into your casino account by selecting bitcoin as the payment method and following the prompts. You will be playing in minutes.

It’s highly recommended for players to familiarise themselves with Bitcoin and how to use cryptocurrencies at online casinos to avoid any potential financial issues when making deposits or withdrawals.

Bitcoin Pokies And Other Casino Games

Playing at an Australian Bitcoin casino gives you access to the same table games and online pokies you’re used to. These casinos partner with the same software providers as others, offering the same games. Some top casinos even have special Bitcoin pokies available exclusively for players who deposit with Bitcoin.

Amongst top online pokies, there are Gates of Olympus and Wolf Gold by Pragmatic Play, Big Bass Bonanza by Reel Kingdom, Aloha King Elvis by BGaming and Eagle Power by Playson.

Whether you use iOS, Android, or Windows devices, you can access these casinos through their mobile apps or browsers. Most Bitcoin casinos offer instant-play options, so no software download is needed. Just sign up, deposit in cryptocurrencies, and start playing!

Your gaming experience on mobile devices mirrors that of desktop computers. The games look and play the same, ensuring a seamless experience.

Provably Fair Games At Bitcoin Casinos Online

Provably fair games are gaining popularity in the online casino world. If you have ever questioned whether a casino game is rigged or not, these games are the answers to your questions.

Provably fair games are backed by blockchain smart contracts, ensuring fairness, transparency and randomness. When you play these games, you can check and verify the results right away.  These games are still quite limited but you can still find the following:

  • Dice games: These are straightforward games, with players having the ability to verify the fairness of each roll.
  • Blackjack: Provably fair Blackjack games ensure transparency in dealing cards, offering players peace of mind.
  • Roulette: Provably fair Roulette games allow players to verify the randomness of each spin.
  • Pokies: While not as common, there is still a good number of provably fair pokies available.
  • Poker: Provably fair poker games use cryptographic techniques to ensure fairness in dealing cards and determining outcomes.

How We Review Bitcoin Casinos In Australia

When picking the best Bitcoin casinos in Australia, there are several key factors we take into consideration to ensure that we recommend the right sites for you. Let’s explore these aspects below:

  • Promotions and bonuses: We evaluate the types of casino bonus offers, such as welcome bonuses, free spins and reload bonuses. We also assess the fairness of the terms and conditions of these bonuses.
  • Deposit and withdrawal speeds: The efficiency of deposit and withdrawal processes is important. Bitcoin casinos that offer quick or near-instant transactions receive positive ratings.
  • Games on offer: A diverse game library is crucial. We look at the variety of games available, including pokies, table games (such as Blackjack, Roulette and Poker) and live dealer games amongst others.
  • Transaction limits: Most Bitcoin casinos have minimum deposit or withdrawal requirements. We take into account these limits and check that they are reasonable for players.
  • Safety and security: We check that the Bitcoin casino has tight safety and security measures, such as SSL encryption technology and a valid gambling licence.
  • User experience: We check how the Bitcoin casino site works on various mobile and tablet devices and how easy it is to navigate the site.
  • Customer support: A responsive and friendly customer support team is also important. We assess the various communication channels available.

Bitcoin Casinos Vs Traditional Online Casinos

Let’s explore the differences between Bitcoin casinos and traditional online casinos:

Pros and Cons of Bitcoin Casinos
  • Enhance security: Bitcoin casinos offer solid security due to blockchain technology, reducing the risk of fraud or data breaches.
  • Privacy: Players can play anonymously without ever disclosing personal information.
  • Transparency: Blockchain ensures transparent and verifiable transactions.
  • Faster transactions: Bitcoin transactions are quicker when compared to traditional banking methods.
  • Lower fees: Transaction fees are typically low
  • Volatility: Bitcoin and other digital currencies can be volatile.
Pros and Cons of Traditional Online Casinos
  • Familiarity: Traditional online casinos provide a well-established user experience.
  • Stability: They are stable and widely recognised.
  • Government oversight: Some regulation ensures player protection.
  • Personal information: Traditional online casinos require user identification and may share activity data with authorities.
  • Slower transactions: Some payment methods, such as bank transfers can be slower.

Frequently Asked Questions

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Jamie Bungaree avatar
Jamie Bungaree
Head of Casino Games

Hi, I’m Jamie, the Head of Casino Games at CasinoAus. For over eight years, I’ve been exploring the exciting universe of iGaming, from pokies to table games. My experience isn’t just about playing; it’s about understanding the mechanics and delivering quality content. My background in journalism equips me to provide you with insights that go beyond the surface. I’m here to make sure you have an engaging and informative experience.

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