Beginners Guide to Bitcoin Gambling

You will have more than likely heard of Bitcoin, but did you know that you can gamble with Bitcoin online? If you don’t know, Bitcoin is a cryptocurrency, and just like any other currency the value of it may go up or down. This is not connected to any government or country, meaning it is a private commodity.
What Should You Know About Bitcoin Gambling?
There is plenty to think about if you are considering a move into Bitcoin gambling, so be sure to read up before you take the plunge to ensure you are prepared for the differences.
Can You Gamble Online with Bitcoins?
Yes, you can and this is becoming a more popular way of gambling thanks to the advance security around Bitcoin. When playing online you will find some Bitcoin-only websites and others that accept Bitcoin amongst other currencies. Neteller allow you the chance to deposit Bitcoins into your accounts through them, and they are making life easier for those who want to give Bitcoin a chance.
How Do You Buy Bitcoins?
You can buy Bitcoin online with ease, and the first thing you have to do is create a wallet address. Once you have done this and located your bitcoin address, you need to find an exchange or market to trade for your bitcoin. To buy you deposit money into your Bitcoin wallet and it is with these funds that you can buy Bitcoin. The cost varies depending on demand at the time, and this can vary a lot so it is often worth monitoring the markets.
How Fast is a Bitcoin Transaction?
By avoiding traditional banking methods, you will be able to transfer money much quicker when using Bitcoin, and this is another reason why many people use it. Getting cash out of the bank can take days, while cheque payments can take even longer when it comes to Bitcoin, everything is done in minutes so you no longer have to wait.
Do You Have to Pay for Bitcoin Gambling?
No, there are no transaction costs associated with gambling with Bitcoin. This doesn’t matter if you are doing a multi-currency transfer, or where you are completing the transfer, everything is free with Bitcoin. This bypasses the charges for depositing and withdrawing that some casino and betting companies have in place when they are handling your money.
Is Gambling with Bitcoin Legal and Regulated?
Whether you are looking at a Bitcoin website or one that accepts multiple currencies including Bitcoin, the same rule applies here. You should always check that the place where you intend to play is licensed and regulated by the country you are playing in. If you are from the UK then the majority of UK licensed gambling websites have the Gambling Commission logo at the bottom of their page, so be sure to look out for this. This is a very important step for you to complete, and you should always check this out before opening an account and making a deposit.
Best 10 New Bookmakers
![]() |
£25 | SIGN UP HERE |
18+ New UK customers. Bet £10 on accas with 4+ legs, min odds 3/1 (4.0). Get 4x £5 Free Bets and 50 Free Spins, valid for 7 days on selected bets and games only. T&Cs apply. BeGambleAware.org |
||
![]() |
£10 | SIGN UP HERE |
#ad. 18+. Gamble Responsibly. Gambleaware.org. New customers only. £10 in real money. Bets placed on sports at odds of 2.00 ore more to qualify. Bets must be placed 24 hours within of registration. £10 free bets must be wagered on sports. Cashback is cash without restrictions. - Full Terms Apply |
||
![]() |
£10 | SIGN UP HERE |
T&Cs apply. 18+ New customers only. You must place a single win-only bet of £10 or more with odds of evens (2.00) or greater to qualify. Money back as £10 in free bets. Free bet is credited once the qualifying bet has settled. Must use code B10G10 when creating an account. |
||
![]() |
£20 | SIGN UP HERE |
New online customers only. Register between 3/4/25–6/4/25 and place a £/€5+ bet at 1/1 (2.0) odds or higher within 7 days to qualify. Get £/€10 Tote Credit, £/€5 Free Bet & 50 Free Spins on Big Bass Bonanza. Offer valid once per customer. 7-day expiry. 18+. T&Cs apply. GambleAware.org |
||
![]() |
0 | SIGN UP HERE |
![]() |
£25 | SIGN UP HERE |
Offer only available to new UK/IE customers who sign up with Promo Code BET50GET25. From 29/3/25 – 4/4/25. Qualifying bet EVS (2.0) or greater. Free Bet credited within 24hrs after settlement & expires after 7 days. Full T&C’s apply. |
||
![]() |
£20 | SIGN UP HERE |
Only available to new verified customers residing in the UK. Place a first bet (min. £10). Get £20 freebet if you lose. T&Cs apply. |
||
![]() |
£10 | SIGN UP HERE |
18+. New Customers Only. Max one £10 Free Bet. Qualifying bets at Odds of 1/1(2.00) or greater. Paid as Bonus Token with Min 4/5(180) Odds Req. Skrill, Neteller & Paypal not eligible.BeGambleAware.org. T&Cs apply. |
||
![]() |
£10 | SIGN UP HERE |
New customers only. £10 in real money. Bets placed on sports at odds of 2.00 or more to qualify. Bets must be placed within 24 hours of registration. £10 free bets must be wagered on sports. Full terms below. Gambling can be addictive, play responsibly, 18+. |
||
![]() |
£10 | SIGN UP HERE |
New cust only. 7 days to place a qualifying bet of £10 at Evens (1/1) for 1 x £10 Free Bets (min odds 2/1). Starts 9am Friday 04/04/25, Expires 9am Monday 07/04/25 09:00. Cannot be used on e-sports & non UK/IE horse racing. 7 day expiry. Exclusions apply. Stake not returned. 18+. Full T&Cs apply.T&Cs apply. 18+ GambleAware.org |