As cryptocurrencies are gaining popularity in the Philippines for both online payments and money transfers, they are becoming more and more popular as a payment method at online casino ph. Experience has shown that crypto coins have many advantages over fiat currencies.
Among the main ones we can highlight:
- low commissions per transaction even when you transfer large amounts of money;
- payment anonymity. This quality is important for those who do not want to publicize their gambling hobbies;
- the ability to make a deposit for any sum, including micropayments;
- high speed of transaction;
- fast winnings payouts.
- each new online casino supports Bitcoin as payment method
The most popular cryptocurrency around the world remains Bitcoin. In this regard, gaming clubs where you can open an account in BTC are called Bitcoin casinos.
In simple words, Bitcoin Casino is an online gambling platform where you can gamble and win in BTC or Bitcoin cryptocurrency. With the growing popularity of this cryptocurrency and the strengthening of its exchange rate, many new Bitcoin casinos have started popping up. Today, the list of BTC gambling establishments in the Philippines that accept sports betting and deposits in BTC is constantly and rapidly growing.
Best Philippines Bitcoin Casino Sites 2023
What is Bitcoin?
If you've at least heard anything about cryptocurrency, you've probably heard of Bitcoin as well. It is currently the most widely used cryptocurrency and one of the best options for taking your first steps into cryptocurrency, whether you want to use it for gambling or anything else.
First, you need to create and register a bitcoin wallet; this can be done either on your computer or on your mobile phone. Once you have done this, you will receive a Bitcoin address, which is the main tool for sending and receiving money. This information is the one you must provide to the other person if you want them to transfer money to you. You can have more than one Bitcoin address if you wish, and it is recommended that you use each address for only one transaction.
How Secure Are Payments at BTC Gambling Sites?
Users of the best Bitcoin gambling sites can count on complete anonymity and confidentiality of their data. Such companies work openly and their honesty can be checked by anyone. If BTC casinos begin to cheat their clients, for example, affecting the results of games, it will not go unnoticed. Meanwhile, deposits and withdrawals are processed through secure channels and require several network confirmations.
Benefits of Bitcoin Gambling Sites
Cryptocurrency has long entered many areas of Philippines businesses. A lot of companies use BTC for mutual settlements, payment of salaries and so on. And btc gambling establishments are also involved. So what are the advantages of Bitcoin casinos?
Anonymity | Unlike conventional online casinos with card withdrawals, you do not need to specify personal and payment data when withdrawing money from Bitcoin casinos. During the transaction, full confidentiality of the recipient as well as the sender of the money is protected. Data encryption is applied as well, and that is why third parties cannot trace the payment and reveal the anonymity of the player. |
No restrictions | There are no restrictions when you withdraw funds from your Bitcoin casino. You can apply for a minimum amount in satoshi (1 Satoshi = 0.00000001 BTC). Sometimes establishments encourage players and present them a free bonus casino from a Bitcoin casino in gaming currency. You can apply it to make bets on certain slots and win real money. |
Withdrawal guarantee | The special feature of online Bitcoin casinos is the absence of blocking by the club due to fraudulent behavior of other users. Your game account and balance is always available. You can withdraw money in bitcoins or replenish your account in satoshi at any convenient time. At the same time, the transaction time is only a few hours, since there is no verification from banks. |
Types of Bitcoin Casinos
Bitcoin casinos are available in different types, but the main difference is the domestic currency conversion. You can meet the following Bitcoin casino equivalents:
- Opening an account and playing with Bitcoin itself. When creating an account, players immediately receive a cryptocurrency account, to which they can transfer bitcoins. During each spin, the gambler bets a satoshi or a whole bitcoin.
- An account is created and funded in BTC, but the bet is made in PHP. The balance shows the amount of Bitcoin converted directly into PHP. You gamble using your own currency, but winnings are credited in crypto. The player's balance is floating, as it depends on the exchange rate of the crypto coin.
- The account is created in fiat currency, and replenishment is made in BTC. Conversion to fiat takes place according to the market rate.
Financial Transactions at BTC Casinos
If you have decided to try playing on Bitcoin and have chosen a suitable Philippines casino to play at, it is worth registering and funding your account. To do this, you need to perform a number of simple actions step by step:
- Complete a simple registration process;
- In the personal cabinet, click on "Deposit to account";
- Click on the Bitcoin logo;
- Scan the QR code that appears, if you have an e-wallet on your mobile device;
- Specify the amount you want to replenish the account and enter the key to confirm the transaction.
The money should arrive to the game account immediately.
Types of Gambling Entertainment at Bitcoin Online Casinos
If the online institution in the Philippines accepts Bitcoin, it does not mean that it works on blockchain technology and offers the corresponding machines. Numerous portals offer new and classic simulators:
- Slot machines;
- Turbo games;
- Lottery games;
- Blackjack;
- Roulette;
- Wheel of Fortune;
- Video Poker;
- Bingo;
The choice of Bitcoin casino games depends on the particular casino. Popular Philippine Bitcoin casinos, regardless of the account currency, offer thousands of the most popular slot machines from world-famous providers: Spribe, NetEnt, Play'n'Go, Playson, etc. In addition, there is specialized software based on blockchain for crypto casinos, but not so much, as this trend is just developing.
Some Philippine Bitcoin clubs offer Bitcoin Live Casino mode. Usually, you can play card and table games, including roulette. This is a very popular online entertainment, where instead of a computer you confront a real croupier.
In the Philippines, this type of entertainment is quite popular, as it fully immerses the player in the game, and adds excitement. During the gambling session, you find yourself in a real establishment, while the bets are accepted in real time.
At the moment, this type of Bitcoin casino games is already offered by many reliable top Bitcoin casinos operating under a license. Keep in mind that you can play at live casinos only for real money. No software provider offers to play live croupier games for free.
Also to visitors of the best online casino Philippines with Bitcoin, there are exclusive machines with a progressive jackpot to choose from.
In a separate category, gambling games can be distinguished with Provably Fair technology. Players get the opportunity to check the randomness, and consequently the fairness of the results of each spin.
The integrity of the institution is largely evidenced by the software that it uses: a good and reliable Bitcoin online casino offers only licensed slot machines from the world's leading providers. This means that it will not be able to interfere in the course of the game and affect the payout percentage of slots.
How to Choose the Best Bitcoin Casino: Tips for Players
The task of players is to choose the best Philippines casino for bitcoins, where the game will bring not only pleasure but real money. Do not hurry to register! First, carefully study the casino offers, for example, our rating of the best Bitcoin casinos.
License availability | Honest open Bitcoin casinos always specify the presence of a license from an independent regulator. The site lists the logo, the number and the expiration date of the operating license. |
Gambling | The wider the range of the gaming hall, the more interesting and productive is the game at the Bitcoin casino. The best gambling Bitcoin casino sites cooperate with well-known manufacturers of gambling software. This is a guarantee of licensed slot machines and high returns. |
Mobile version | The availability of a Bitcoin casino version for smartphones and tablets is a significant plus for choosing a gambling establishment. The mobile casino is always with you, at any convenient time. It is enough to download the file to your iOS or Android phone and play on your phone for bitcoins, multiplying your bankroll. |
Bonuses at Bitcoin Casinos
The bonus policy of cryptocurrency casinos does not differ much from the sites that do not use BTC, LTC, ETH, XRP and other coins. Operators develop starter packages, gladly offer rewards for depositing and regular play. But no-deposit bonuses at Bitcoin casinos are rare, which is primarily due to the high cost of tokens.
However, some operators do give out cryptocurrency no-deposits, making higher wagering requirements: high wager, short terms for activation and use, and playing at low stakes. But these are rather bonuses to attract attention, and are often used by fraudulent casinos, from which you still can't withdraw anything, so treat such a "favorable" offer with suspicion.
Deposit Bonuses
These are the standard types of bonuses at most online casino sites. Deposit Bitcoin casino bonuses offer the player bonus money that can be used in most casino games, and this amount is directly related to the deposit amount made during registration.
In turn, such Bitcoin casino bonuses are divided into starter bonuses, which you can get at the beginning of your Bitcoin casino game, and reload bonuses: these rewards can usually be activated on certain days of the week. Their main advantage is that they are permanent: you can take such a bonus when you want to make a deposit and use it favorably for yourself. The deposit bonus is credited in the same way as the welcome package. But the amount may be smaller, depending on the casino site you use. Some casino support online casino 50 minimum deposit with bonus to new customers without waget.
VIP Bonuses
As the name suggests, a VIP bonus is given to players who deposit an amount that exceeds the set limits. Some Bitcoin casinos use high-roller bonuses to lure players with a large bankroll to join and play. A high-roller bonus is good because it comes with a large number of loyalty points.
Free Spins
Some bitcoin casinos offer free spins to their players, these are usually allowed for certain slots or for all slots on the site, depending on the offer itself. The payouts from the free 100 upon registration casino can be retained as long as the player fulfills the wagering requirements.
Cashback
These days the best Bitcoin casino is most likely to offer you some cashback. Its main purpose is to support your bankroll when you have a losing streak. In this case, part of the money will be returned to your account, which can't help but be gratifying.
There are several factors to consider before receiving a Bitcoin online casino bonus. Some of them include:
- Wagering requirements: This is the number of times you must wager the bonus before you can withdraw your winnings.
- Gaming restrictions: You have to consider what games you can play using the bonus offered.
- Bonus expiration date: You must check the expiry time of the bonus before you can take advantage of it.
Pros and Cons of Bitcoin Casinos in the Philippines
The undoubted advantages of Bitcoin casinos we have described above. Let's summarize the main ones.
Pros | Cons |
Anonymity of operations. Withdrawals and deposits of money to the game account remain confidential throughout all stages of the transaction. | Registration of a cryptocurrency wallet. A mandatory condition for mutual settlements with a Bitcoin casino is the existence of your personal cryptocurrency wallet. Before you start playing, you need to download an application from the official BTC website and activate the account. |
Lack of financial monitoring by the state. Financial settlements in cryptocurrency are not included in the list of mandatory verification on the accounts of individuals. Income to the account is blocked from the executive service and other controlling bodies. | Fluctuations in the Bitcoin exchange rate. Actually, this disadvantage can be considered insignificant, since, despite frequent jumps, the BTC rate remains high. Inflation affects fiat currencies faster than digital money. |
Operation without blocking. Bitcoin casinos that conduct financial settlements exclusively in cryptocurrency do not get blocked. | |
Gambling on Bitcoins at the Casino: Worth It or Not?
The game at the casino for bitcoins is no different from the usual one. You choose your favorite slot machine, make bets, and get bonuses and free spins from the casino. The main difference is that your bankroll is funded with the stable cryptocurrency Bitcoin. You get the Starter Bonus from the Bitcoin casino in digital currency immediately after registration. Playing, you increase your account in cryptocurrency, and this money is a reliable investment.