Best Crypto & Bitcoin Gambling Sites in Canada
This article gives you an overview of the best crypto gambling sites in 2024.
If you want to deposit, withdraw, or gamble using crypto, all of these highly regarded sites can help you.
In this article, we look at the best crypto gambling sites in terms of:
Are you ready?
Now itās time to have a look at each of the Bitcoin gambling sites reviews for sites ranked in the table above.
Do crypto gambling sites intrigue you, but youāre not entirely convinced yet?
There are countless reasons to give them a try, and here are just a few of them.
Fiat currencies are old-fashioned.
Fiat currencies are not the future.
In 2024, Bitcoin is whatās taking us into the future of money.
You might know that banks donāt appreciate online gambling websites.
As a matter of fact, there are countless stories about individuals who were denied mortgages because of their use of gambling websites.
The fact that they only spent small sums on these gambling websites was irrelevant.
When using cryptocurrency gambling sites, thereās no way your bank will ever know. It will remain your own business.
Indeed, you can enjoy complete privacy unless you feel like talking about your hobby.
Many online gambling platforms accept cryptos. The trouble is, most of them offer fairly poor services.
These sites seem locked in a time warp with payouts taking days, poor customer service, and many other issues.
The best Bitcoin gambling sites, on the other hand, are designed for the modern user. Therefore, they adopt better technology and respect their audience, also offer other games asĀ dice with bitcoin.
The result is a growing number of safer crypto gambling sites that you can trust, which offer better customer support, faster payments, along with bonuses and promotions worth something. These websites also offerĀ crypto live casinosĀ to play with real dealers.
Cryptos donāt need intermediaries to be exchanged.
You donāt have to concern yourself with payment gateways.
You keep the traditional banking system out of the loop.
Once you use a convenient VPN, registering an account with a Bitcoin gambling website becomes easy.
This action means youāre now free to gamble even if the site normally wouldnāt accept users from your country.
Some end-to-end Canada crypto gambling sites also let you gamble despite it being illegal in your location.
Disclaimer: We do not explicitly encourage any kind of illegal or unauthorized activity. There are risks involved in using gambling sites that would typically not accept users from your country, including (and not limited to) getting your accounts and funds frozen.
While you gamble on a regular gambling site with fiat currencies, you hold ⦠fiat.
Fiat currencies are old-fashioned and inflationary.
Instead, set up an account on cryptocurrency gambling sites, and thereās a good chance your Bitcoin balance will rise.Ā Top Bitcoin Cash bookmakersĀ have also recorded strong growth in the last year.
Typically, gambling sites are slow because they have to do business within the banking system and its heavy regulations.
As a consequence, youāll notice that youāre forced to accept low deposit and withdrawal maximums, not to mention waiting days to complete a transaction.
The CuraƧao Gaming Authority regulates many of the best BTC gambling sites; however, this is a less strict form of financial regulation.
The result is speedy payments along with high deposit and withdrawal limits.
In some cases, the top cryptocurrency gambling sites have NO limits on deposits and withdrawals, and you get your money instantly. This doesnāt happen with traditional gambling sites.
Of course, remember to consider the time it takes for the various blockchains to process the transactions.
Have you ever struggled to deposit on gambling platforms? We have.
The bank froze the account of a team member for a month.
Do you know why? He went to a gambling website and used his credit card to make his first deposit.
What he didnāt know was that the UK applied a new regulation in April 2020.
After a warning from his bank, he couldnāt make any more deposits or withdrawals on the gambling sites he used before.
Cryptos ensure that your bank never needs to get involved again.
Overall, Canadian residents are free to register with gambling sites with crypto, but there are some considerations.
While there are few issues surrounding the use of cryptos, Canadian residents face some restrictions with gambling websites.
Fortunately, a new law implemented in Canada should remove any remaining confusion.
The good news is that there are minimal consumer restrictions in Canada regarding crypto.
While the Canadian Government doesnāt see Bitcoin as legal tender, youāre allowed to buy, sell, or purchase using it.
The Canada Revenue Agency (CRA) views digital currencies as a commodity, which means any income generated is classified as business income.
This rule goes back almost a decade, and cryptos transactions are subject to the nationās tax laws.
Furthermore, if a digital currency exchange wants to operate in Canada, it must first register with the agency that fights criminal financial activity, FinTRAC.
As is the case in the United States, cryptos exchanges are classified as money services businesses, which means following anti-money-laundering rules.
It is a situation that forces these exchanges to report suspicious activity and retain specific records, among other things.
This is possibly beneficial for Canadians looking to invest in Bitcoin on registered exchanges.
Many exchanges have policies against crypto gambling sites.
Some will freeze your funds and close your account if they learn that youāre using their services to deposit on Bitcoin gambling websites.
And frankly, these days, itās easy for them to find out. Surprised? Hereās how.
The most serious exchanges use blockchain forensics software to track transactions on the blockchain.
It is very hi-tech stuff, and a few of these exchanges proved it by sending us notifications.
So, what exchange should you use to deposit on Canada Bitcoin gambling sites?
The answer isĀ Binance.
Binance is the largest exchange globally, and they allow users to gamble on Canada crypto gambling sites.
As well as being the biggest, it is also the best exchange: it offers low fees, rapid withdrawals, excellent security, more currency pairs than other exchanges, and much more.
This exchange allows its clients to begin gambling on BTC gambling sites easily.
Recent research suggests that the global gambling industry generates annual revenue of over $700 billion.
Certainly, crypto gambling websites have a role in this growth by providing users with a remarkable number of choices.
If you like excitement, youāll love the great casino games, sporting events, and poker tournaments on crypto gambling sites.
If all of the above isnāt enough, there are seemingly limitless markets and methods of staking.
The online casino sector makes up a significant proportion of the gambling industry.
Bitcoin gambling sites cater to all tastes by providing classic games such as baccarat, blackjack, and roulette.
The European wheel has 37 numbers (one zero) in roulette, but the American version has 38 (two zeroes).
You compete against the dealer in blackjack and try to beat their score while never exceeding 21.
At first glance, baccaratās rules seem complicated, but in reality, you only need to better your opponentās total and score up to nine points.
If the three legendary games above donāt interest you, there are many other options on crypto gambling sites, such as craps, keno, and bingo.
It seems as if the sports betting industry has adverts everywhere.
Now that online gambling is the new wave, Bitcoin gambling platforms are getting heavily involved.
It is easy to find sports markets online worth gambling Bitcoin on.
Much of the money wagered on BTC gambling sites relates to soccer, NFL, tennis, and golf.
Once you choose a sport, the next step is to analyze the dozens of markets, including scoring props and individual performance.
Depending on the market, Canada crypto gambling sites could have an edge of up to 10%, which spells bad news when trying to win consistently.
Online poker has enjoyed as rapid a rise as the overall gambling industry.
Common poker options on crypto gambling websites include Three Card Poker and Texas Holdāem.
Once you register, you face the prospect of meeting fellow poker lovers on an online table.
These sites also offer special tournaments where the winner can earn a huge payday.
However, there are several differences between online poker and its in-person equivalent; with Canada crypto gambling sites you get:
If you want to show your poker skills without leaving the house, register with a reputable Bitcoin gambling site and enjoy some action today.
Hereās what you should consider when selecting the best Canada Bitcoin gambling site for your needs.
Donāt make the mistake of registering and adding money before finding out that youāre not allowed to do so in your country.
This isnāt an issue if you use legit cryptocurrency gambling sites because most of them wonāt permit you to register, let alone add funds if you come from a country where its service is prohibited.
However, some less cautious crypto gambling sites will let you register your account and deposit funds until you win big (or consistently) and attempt a withdrawal.
At this point, your account is flagged for verification. For some shameless BTC gambling sites, the most likely result is that your account gets frozen and your funds confiscated.
Thatās why you must make sure the Canada Bitcoin gambling sites you choose accept users from your country.
If you want to proceed with gambling sites that prohibit your country, focus on Bitcoin gambling sites known for being honest.
Focus on good crypto gambling sites that wonāt keep your money if they discover that youāre gambling illegally.
Stake is one such site.
This is another crucial aspect to take into account when selecting your Bitcoin gambling platform.
Crypto transactions are fast, cheap (most of the time), and thereās no central authority behind them.
It is mainly a good thing, but one downside is that your Bitcoin transaction is final.
Without the āprotectionā of a central authority, you can forget about a refund if BTC gambling sites are dishonest.
These specifics of crypto are the reason why the reputation of the BTC gambling websites you select is vital.
And thatās also why the reputation of cryptocurrency gambling websites holds such a significant role in our ratings and rankings.
You can ensure you discover safe cryptocurrency gambling sites by reading our informative BTC gambling site reviews. They also offerĀ live crypto casinosĀ to play with real dealers.
It is essential to find Bitcoin bookmakers that help you manage your transactions, and we typically take the following factors into account in our ratings.
Some bookmakers offer more deposit and withdrawal methods than others.
For most punters, having multiple ways to deposit money is an important consideration.
The crypto space moves fast, and so do cryptocurrency bookies.
You may need your Bitcoin to trade them rapidly or participate in an event on another good Bitcoin bookmaker.
In some cases, crypto bookmakers process withdrawals in seconds. Other sites are slower and could take several days.
The quicker the Bitcoin bookmaker processes your withdrawal, the better.
Traditional bookmakers have important restrictions in terms of payout.
Indeed, finding one that enables withdrawals totaling $10,000 a month is tough.
Such restrictions are a thing of the past when you use the top cryptocurrency bookmakers.
Yet, there are crypto bookies that only allow you to withdraw small sums.
This is because they generally donāt have a large amount of money to hand.
The best Bitcoin bookmakers are different. Stake, for instance, has no cap on withdrawals.
Therefore, it is wise to use safe Bitcoin bookmakers with no withdrawal limits, especially if you play big.
You have probably heard a great deal about using crypto on gambling platforms, including its pros and cons.
Locating decent sources explaining HOW to use it is another story.
This is why weāve created a brief guide explaining the steps you need to take when opening a crypto gambling site and using a crypto asset.
Before we begin, please note this about Bitcoin gambling:
Our reviewers looked closely at each Bitcoin gambling site that made it on our list.
This is necessary because a lack of regulation means you could unknowingly register with a shady site and lose your deposit.
Are you satisfied with the BTC gambling site you have chosen? If so, it is time to register.
In general, it is a smooth process that takes little time.
Indeed, many people claim it is quicker to register with a crypto site than traditional gambling websites.
If you hate complicated registration, read our reviews to see which cryptocurrency gambling sites make it easy or difficult.
In addition, please ensure you use any promo codes you find to boost your balance potentially.
Most crypto gambling sites offer generous first deposit bonuses and other gifts whenever you deposit crypto.
In the event your e-wallet is fully loaded, put some Bitcoin into your account and benefit from the first deposit bonus.
If there is no Bitcoin in your wallet, go to an exchange and purchase some.
Ideally, youāll use a trustworthy exchange such as Binance or Kraken.
These companies make it quick and easy to buy Bitcoin and are highly useful for gamblers.
Coinbase, on the other hand, is a reputable exchange but is bad for punters.
There are stories of Coinbase shutting down accounts because users deposited crypto into gambling sites from the exchange.
Also, make sure you buy the coin you want to gamble with.
Or else the site will charge you a fee to convert the currency.
If youāre satisfied with the amount of Bitcoin at your disposal, the next step is to transfer it to your account. Enjoy theĀ anonymous online gamblingĀ with Bitcoin.
You need to set up a cryptocurrency āwallet,ā which is a place to keep your digital coins safe.
The best option depends on the level of safety you want, and your plans for using the crypto.
Choose a hosted wallet if youāre mindful of safety or a non-custodial wallet if youāre interested in independence.
Regardless of your decision, you can only complete the transfer via the āsend cryptoā section.
This type of wallet takes control of your funds away from third parties.
Instead, you are entirely responsible for the digital currencyās safety.
Keeping your password, or āseed phraseā safe is of paramount importance.
Should someone get hold of your password, they have the power to take all your crypto.
In addition, forgetting where you leave your private key means you canāt get hold of your digital coins.
On the plus side, a non-custodial wallet gives you full control over what you do with your funds.
Therefore, you can stake, sell, lend, and farm digital currency, not to mention spending it on gambling sites with Bitcoin.
You must download a wallet app such as MetaMask and register if you want this type of account.
Then you must take note of the private key and keep it safe.
Accessing a hosted wallet is even simpler; find an exchange and open an account.
A hosted walletās major selling point is that the exchange keeps your password stored, so losing it isnāt a big deal.
It isnāt the best option if you want to spend your crypto as you please because the third-party issues restrictions on how you use it.
Some hosted wallets might ask for account verification, meaning you have to provide identification and lose anonymity.
Also, they may charge additional fees and prevent you from using your funds on cryptocurrency gambling sites.
Head to the deposit page and select the right coin to use.
At this point, youāll see your accountās public address.
This address is unique to your account, meaning the receiver knows where the funds came from.
Copy and paste the address to your clipboard, and check it thoroughly.
One slight inaccuracy in a transaction could mean the loss of your whole deposit.
When youāre happy the address is correct, paste it into your wallet and send the crypto.
We must emphasize the need for patience when awaiting your deposit.
Our reviews outline the gambling sites with crypto with the fastest and slowest transaction times.
Ultimately, consider talking to customer support six hours after a deposit if the money still hasnāt entered your account.
Once the funds are in your account, youāre free to start gambling and experience everything the site has to offer.
A group of people calling themselves Satoshi Nakamoto created the Bitcoin network in January 2009.
It remains by far the most popular digital asset and currently comprises almost half the market.
Hailed by many as the future of money, cryptoassetās price has increased massively in the last few years.
As the best-known digital currency, gambling websites welcome the use of Bitcoin.
You might find that using BTC on gambling companies has the following pros and cons.