Crypto Gambling
From crypto trading to fan-favorite gambling, cryptocurrencies have managed to make quite the name for themselves in the financial world. A question that keeps appearing is, which is the better and quicker way to make money, crypto trading or gambling, and what are the benefits.
We are paving the way towards the future of online gambling by raising awareness about the issues and solutions regarding trust. Supporting the industry with education material and development tools, we are promoting essential practices that should be standard across the industry to provide a completely honest and fair gambling experience.
There is a serious need to lower the trust required between players and casino operators. One of the biggest concerns that plagues the industry is the distrust that has evolved from unreliable auditing processes. Provably fair algorithms solve this issue by providing completely transparent and verifiable ways to facilitate the generation of true randomness. From rolling a dice to picking a card from a deck, provably fair algorithms guarantee that all actions conducted during a game are completely legitimate, genuine and available for everyone to audit.
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- So if you rest on the definition that crypto gambling is games in which you cannot guarantee yourself a 100% victory, then all games, like and all other activities can be considered as gambling. But what then gambling with cryptocurrency is? Everything is simple as always: Gambling is any game in which players are required to place bets.
- We are an online crypto casino, focused on providing the most transparent and entertaining gambling experience possible. Players are able to place their bets using USDT, BTC, ETH, XRP, DOGE, TRX, LTC, BCH, SUSHI, UNI, XLM, ETC.
If you would like to learn more about the technical workings of provably fair algorithms, you can download the whitepaper.
We want to encourage the growth of the industry by supporting better practices. We believe in treating users with respect and decency, and we want to promote those who embrace that approach.
Identity protection and privacy is of the highest concern within our evolving online world. We firmly believe that everyone has the right to complete security and privacy of information. We do not want to endorse any entity that neglects the importance of keeping their data safe and secure.
Reputation is something that is heavily scrutinised over in the online gaming industry. We want to promote those who are dedicated to not only building a strong reputation, but also developing strategies to maintain and potentially improve on current practices.
We want to prioritise the well-being of all players. Gambling should provide a form of entertainment without exploitation. We encourage the development and promotion of responsible gambling initiatives to provide support for those who need it.
Want some more information about provably fair or to get in touch with the CGF Team? Fill out the contact form and we will do our best to get back to you in a timely manner.
The Crypto Gambling Foundation prides itself in the verification and promotion of genuine true fair gambling operators. Through our processes and strict ideologies, players can know that the operators are running a completely transparent gambling experiences, and operators can not only evaluate their operators and coding, but also benchmark their practices with those industry leaders who are paving the way for the future of online gambling.
To be a verified operator by us, means that we have evaluated the provably fair algorithm built into these providers platform to be true and fair. As a player, it’s always best practice practice to also test and verify the fairness of your bets regularly to ensure further integrity checks.
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What is CGF?
Bitcoin gambling has been revolutionary to the gambling industry on so many levels. With low barriers of entry this has enabled people to create new & successful games which have changed the scene.
Most importantly however Bitcoin gambling brought along the concept of true fairness also known as provably fair. Before this mean of ensuring security of players, players had to trust that casinos & gambling software providers were not manipulating outcomes.
With this approach casino owners have created a tainted image for online gaming. Thanks to some early adopters of this new approach to online gambling we started to see a shift in ideology. 2013 brought along positive press of this change and the concept of this newly found fairness.
Mission & Vision Statement
We believe that gambling should be fair and transparent for all involved parties! The only way to ensure this is using provably fair algorithms thus removing the need to trust a third, and sometimes unknown, source. Provably fair is today the only way ensure true fairness and trust making it impossible to manipulate bets and outcomes.
The CGF’s vision is that the gambling industry is 100% fair and transparent. Only by creating a completely fair and transparent arena you’re able to mitigate all issues of trust. We will work diligently with all our members to promote fairness, transparency and trust within crypto gambling.
Number of Casinos | 25 |
Max. Bonus | 400% Match Offer |
Gambling Sites | New, Live Dealer, Mobile |
Games | Slots, Bingo, Poker, Roulette, Blackjack |
Currencies | BTC, ETH, LTC, XRP, etc. |
Best Operator | 4 Crowns Casino |
Crypto coins have become a standard payment option. Naturally, online gambling with cryptocurrency is also increasing in popularity. Many gambling sites not on Gamstop UK are now allowing players to deposit using various methods. Additionally, the best crypto casino sites like 4 Crowns, BetOnline and Playhub are using Bitcoin and several other well-known cryptocurrencies. This gives you the opportunity of more flexible and rich gameplay. Competition in the industry is reflected by “no tax policy” and anonymity of the transactions.
Therefore, players are no longer solely limited to debit or e-wallets. Instead, they can branch out into the various crypto online casinos accepting UK players every day. The payment option panorama within the United Kingdom has altered. However, 73% of British customers aren’t aware of crypto trends, the coins will increase in demand according to tough UKGC regulations including credit card ban. This prohibition may be a bit rough, but not everything is as bad as it seems. There are many casinos out there which offer you different ways of adding coin funds to your player’s account.
Now that the current situation regarding crypto casinos in the UK is clear, through this guide we’ll inform you on:
- what the top online casinos that accept crypto deposits are;
- the pros and cons of cryptocurrency for online gambling;
- the different types of crypto coins you can use;
- an FAQ section answering the hot questions on the topic.
- All Sites are:
- 🥇 Licensed
- 🧪 Tested
- 🔒 Safe
- 💸 Quick Payouts
All Crypto Casino Sites for UK Players
Top 5 Online Casinos that Accept Cryptocurrency
Crypto Casino | Currencies | Min. Deposit |
4 Crowns Casino | BTC, LTC | No Min. |
PH Casino | Any Ones (Coinbase-Powered) | $10 |
BetOnline Casino | BTC, ETH, LTC, XRP | $20 |
Playhub Casino | Any Ones (Coinbase-Powered) | $10 |
Tiger Gaming Casino | BTC, BTC Cash, ETH, LTC, XRP | $20 |
If you are looking for someplace where you can keep the fun happening, then the following list of operators will come in handy. Some of them even offer a crypto casino bonus so you can gamble without making a deposit. Here are the casino accepting different types of cryptocurrencies:
4 Crowns Casino – 400% Bonus
Four Crowns Casino is one of the newest cryptocurrency casinos, and it offers a lot of fun slots to the users. Its website offers a lot of information regarding the games, website and bets. This is a good option for those who are just starting to get into online gambling with crypto coins.
PH Casino – Bonus Code “NONSTOP”
Some people prefer a more adult-themed, and that is when PH casino comes to the spotlight. It is one of the European casino sites, but do not let that discourage you from trying its interesting crypto games. You will get familiar with the website’s layout in no time.
BetOnline Casino – 100% on 1st Deposit
Flexibility, varied selection of slots, games and more, that is what BetOnline AG has in store for you. They are available to the user all days of the year, meaning that you can withdraw your earnings anytime. That fact alone makes people believe it is a top crypto casino website.
Playhub Casino – 100% Match Offer
Overall, Playhub has a good reputation among the players, which makes it an interesting addition to the cryptocurrency bookmakers list. If you are looking for a gambling platform where you can deposit using different types of cryptocurrencies, then the option is clear.
Tiger Gaming Casino – 100% Promos
If you’re looking for an offshore casino, Tiger Gaming may be the best option for you. Currently, it only offers a desktop version of the website, which means that you’ll have to download it to experience the fun. It is a good brand new crypto online casino website for players who are always on the hunt for different options.
Online Gambling with Crypto Operators
There are many ways which the new era has impacted us, being cryptocurrencies one of the most influential. With so many British casino sites accepting cryptocurrencies, we are certain that online gambling has a very bright future.
When using cryptocurrency, the fees applied to almost every transaction you can think of will be less due to the lack of intermediaries. It allows the store or seller to be in touch directly with the client, which means that it doesn’t have to go through a complicated process to finally be in your wallet (or e-wallet, to be exact).
Online gambling is just one of the many markets that embraced the arrival of cryptocurrency. This has helped solidify this virtual currency’s standing as a viable option. It also means that players won’t be bogged down by changes in traditional payment forms.
Crypto Gambling Site
Pros of Crypto Gambling Payments
Almost all markets will likely start using cryptocurrencies for payment in the near future. It is also to filter into more online casinos and sportsbooks. It is not that hard to get familiar with usage. Players should be aware of what perks come with the use of a crypto online casino. Here we list the benefits:
- ✅ Fast Transactions: You can trust that instant crypto deposits are possible when using any kind of cryptocurrency. In fact, since the absence of intermediaries is its main characteristic, you can be sure that your money will be immediately in your e-wallet whenever you have decided to make the withdrawal, and the same thing happens when you transfer money for the bets to the website.
- ✅ Anonymous Gambling: When using a credit card, one of the risks you have is your personal information getting leaked around the web; however, this does not happen when you use cryptocurrency for online gambling. Anonymous online casinos are practically everywhere now that the use of crypto has gone so popular all around the world due to the perks that come with it, including user protection.
- ✅ High Limits: Are you one of those who like to play high bets during their gameplay? Most credit cards have a limit. However, when you use cryptocurrency on your favourite online casino, then you can transfer as much as you want. No limit casino sites are one of the main advantages that come with the usage of cryptocurrency.
- ✅ No verification: When it comes to cryptocurrency, it is all about fastness and user protection. If you are one of those people who prefer the privacy of your gaming activities, then the no ID casinos are a logical option. This also means no delay in making withdrawals of winnings.
Cons of Crypto Gambling Payments
Like its payment counterparts, cryptocurrency is not infallible. As good as it may look for you at this moment, it has some noteworthy cons. If you want to gamble online with cryptocurrency, then you must know and accept it’s shortcomings. Although these aren’t many, it is vital information.
- ⛔ Lack of UKGC-licensed brands: This is a licensing body associated with casino credibility. While there aren’t many non-UKGC-licensed casinos within the UK, you can still venture further afield. Some non-UK casinos are accepting UK players, which means that the only thing that is left is to look for the best option, and some of the crypto sites we mentioned above are pretty good ones.
- ⛔ High Volatility: It is not easy to become a friend of money, and cryptocurrency just makes things a bit worse. Its use comes with high volatility, which means that you should check the exchange rates of the online casino sites you are currently using. This can be akin to trading.
- ⛔ No chargeback option: If you are planning to use crypto online gambling websites soon, then you must know that cryptocurrencies do not have chargeback options. This means that once the money is already in the other person’s wallet, there is no way of getting it back automatically. You are likely to go through an arduous process to get your currency back.
Crypto Gambling
Cryptocurrency Online Casino Options
Gambling websites often inform the customers of the kinds of currency they accept. Some of them even have crypto bonus offers. There are a lot of types of cryptocurrency out there; however, not all of them have survived. This list is meant to tell you the most common options you will find:
Crypto Online Casinos: FAQs
✨ What is a cryptocurrency?
A cryptocurrency is a digital coin which was designed to serve as an exchange method. It is named that way because it uses ‘cryptography’ to verify and make the transaction safe. Their rates often increase and decrease depending on the current situation of the market, but usually, they are stable.
🔐 Are crypto casinos safe?
It all depends on the casino, actually, but cryptocurrencies are generally very safe and easy to use. However, you must know that although most of these casinos accept funding in cryptocurrencies, your bank account or the e-wallet of your choice will still be the way you will be doing the withdrawals.
💰 Are there any fees?
Fees that apply to cryptocurrency depend on the current situation of the market, and also on the rate that the website is currently applying to the cryptocurrencies they are using for payments. However, you should know that exchanges made using cryptocurrency have a small fee, depending on the one you are using.
👨⚖️ Is it legal to gamble with crypto in the UK?
We know that for some people, using cryptocurrencies may look like a very risky thing, but don’t worry. As long as the website is currently working under a jurisdiction approved by the UKGC, everything is okay. You must know that all these transactions are only possible for people of legal age.
🎁 Do these crypto casino sites have bonus deals?
It all depends on the site, but many of them offer several bonuses to their clients as many other online casinos would. Some of the casinos we mentioned above offer bonus deals, but you can look out there for better ones if that’s what you want, they are very easy to find.
🤑 Can I withdraw via any other payment method?
As you have read above, most crypto casinos do not really allow the user to withdraw their earnings through the cryptocurrency wallet of their election. Withdrawals are mostly done through your bank account or other e-wallets, for example, PayPal, Skrill, and many others, depending on the options that the website gives you.