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Bitcoin Casino – Reviewing the Cryptocurrency Payment Service

Continuing our insightful reviews of the online casino payment options we now present to you Bitcoin and how the services of this cryptocurrency work for New Zealand players. For those looking to invest or have already swapped a number of dollars for BTCs, learn how you can play inside the best Bitcoin casinos in New Zealand.

Best Bitcoin Casinos for New Zealand
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Introduction: Presenting what Online Casino Accepts Bitcoin

It is the newest form of finance in the monetary markets. This is the age of cryptocurrency, the nonphysical form of money that is a binary code of cash to use throughout the many Internet services that are a step ahead of everyone else.

Best Bitcoin Casinos 2023

Bluechip Casino

Bluechip bitcoin casino

Bluechip Casino offers a minimum bitcoin deposit of 0.8 mBTC. This digital currency-friendly platform has an enticing welcome package for new users, with four generous bonuses on their first four deposits. Each deposit bonus is accompanied by a minimum of 50 free spins, allowing players to try their luck at various games. The welcome package includes a 150% bonus on the first deposit, followed by 50%, 75%, and 120% bonuses on subsequent deposits, ensuring a thrilling gaming experience for all new members.

Woo Casino

Woo bitcoin casino

Woo Casino is a versatile online gambling platform that not only accepts Bitcoin but also offers a wide range of bonuses and promotions. With a minimum deposit of 0.0002 BTC and no maximum deposit limit, players can enjoy a seamless gaming experience. Woo Casino's attractive welcome package includes a 100% first deposit bonus up to 150 NZD, accompanied by 150 free spins. The second deposit comes with a 50% bonus up to 150 NZD and 50 free spins. Additionally, the casino offers a weekend reload promotion, featuring a 50% bonus up to 150 NZD and 60 free spins, ensuring a thrilling gaming experience throughout the week.

Sol Casino

Sol bitcoin casino

Sol Casino is a dynamic online gambling platform that offers a variety of games and promotions for its players. The casino welcomes new users with an impressive two-tier welcome bonus. The first deposit is rewarded with a 100% bonus and up to 500 free spins, with a minimum deposit of 20 NZD. The second deposit bonus offers a 75% match and up to 500 free spins, also with a minimum deposit of 20 NZD. Sol Casino's diverse game selection and attractive bonuses ensure an enjoyable gaming experience for new and experienced players alike.

Grand Rush Casino

Grand Rush bitcoin casino

Grand Rush Casino distinguishes itself from its competitors by offering a unique 100% bonus back guarantee for players using Bitcoin as a deposit method. This promotion helps cover a percentage of players' losses and is available only when advertised with a specific promotion. The casino reserves the right to award the bonus back and determine the percentage at its discretion. To qualify, players must make a minimum deposit of $50, and the bonus back percentage will be applied to losses only if there are no pending withdrawals. This innovative promotion adds a layer of security for Bitcoin users, making Grand Rush Casino a popular choice among cryptocurrency enthusiasts.

What is Bitcoin? Why Casinos Started Accepting Cryptocurrencies

Bitcoins are a cryptocurrency; this is a binary code that is given a determined value referred to as a BTC. It can be broken down into smaller sums to bet with, this is them BTC. The millibitcoin is 1/1000 of a standard BTC.

Admittedly it probably came out 100-years too soon, this is the future of payment, but we just aren't overly ready for it yet. The wheels are, however, in motion with the slow and steady rise and development of blockchain businesses that are forming to only deal in this kind of currency.

A good indicator that it will succeed is the acceptance of this form of currency being used by casinos. Now, this market has been also a slowly expanding network, you can also play inside Bitcoin live casino sites and experience Bitcoin-only slot machines. They are not alone on the market of cryptocurrency, so the market is also expanding in this realm.

Benefits: Why you should invest in a Bitcoin Wallet

If you're keen to turn your millibitcoins into full BTC's and basically, become richer, then here is a look at the benefits of playing with this cryptocurrency option. There are several benefits that far surpass what you get from a regular form of payment, so give it some serious consideration when looking at your Bitcoin wallet. After we'll tell you all about the rewards of bitcoin play such as the collection of Bitcoin casino free spins no deposit that is on offer!

Advantages

✅ Anonymity - Players are fortunate not to have any personal data attributed to the currency and because no government controls it, it can be used to play in casinos, even if banned in your country (note: all NZ casinos are legitimately accessible.)

✅ No Fees - Using an official Bitcoin casino means no fees or conversion charges exist. So, you play with the money you have and win BTC back from the operator.

✅ Transactional Speed - Both deposits and withdrawals are instantly paid and at most, only 24-hrs to get winnings back.

✅ Security - They use a one-off binary code for every transaction made, they cannot be re-used, and they cannot be duplicated. No hacking, no third party, no risks at all.

✅ House Edge Decreased - All official Bitcoin casinos come with a 1% house average over the games. This is significantly lower than the average 5% on all other currencies, meaning you win more frequently no matter what you play.

✅ Provably Fair Gaming - Machine tools that check the validity of a spin or bet before the money is placed. Basically, it makes sure you're not being cheated on.

Disadvantages

❌ Markets - The value of a Bitcoin fluctuates quite a lot, and this can lead to poor exchange rates but can lead to good ones also. It's very much a tightrope walk when playing with Bitcoins in a casino that is not set up for them.

❌ Fees and Charge - Joining a casino not properly set up to handle it means you have to convert them into dollars, and this is where you can lose value on what you play with and win back.

Best Bitcoin casino bonus

Don't go thinking that just because you are using a whole new form of currency that you cannot be privy to a few extra treats. The reality is they are super supportive of players using the cryptocurrency that a number of bonuses exist out there to benefit from. So, what are the best bonus offers doing the rounds? Here's a look at the current popular ones you can claim right now.

No Deposit Bonus

A Bitcoin casino no deposit bonus grants members of a site with the reward that can be claimed with no requirement to put money forward in order to gain something back. The no deposit bonus is a sought-after reward because of this, and they are very lucrative because you can essentially win free BTC back.

Free Spins No Deposit

These are essentially bitcoin casino with no deposit free spins that are solely for the BTC slot machines. The number of spins that are offered varies from casino to casino and some of them are not eligible across all slots. Some of the Bitcoin casino free slots are specifically picked i.e. new game releases, the game of the week, etc.

Depositing and Withdrawals via Bitcoin Casinos

Admittedly, the use of them is not as straightforward to explain to players new to the concept as it would be to describe what is more commonly used or what is more familiar in terms of actions in processing payment. So, because of this, we are going to breakdown the processes that are involved in using the bitcoin inside casinos with and without Bitcoin casino software because there are two types of casino that we will discuss after this section.

How to Deposit with Bitcoin Currency

From the casino's cashier section, the player must first select the option of this payment method. The next step is to pick the value of BTC you wish to deposit into your account. Now, if the casino doesn't have the facility to bet with actual BTC then you will see the conversion value of your deposit change to New Zealand dollars. If the casino, on the other hand, is equipped, then it is a simple case of confirming the payment and having it deposited into your account in a matter of seconds.

How to Withdraw Winnings

The process of withdrawing bitcoins works very much in reverse. You will head to the cashier section and click withdraw. From here, you will select this payment option as the preferred currency. You will pick the amount you wish to transfer. If the casino is not adapted for them, then your money will be returned in dollars and you will see the conversion rate again. Once happy with the money being withdrawn, click approve and confirm your account password to activate the payment.

Bitcoin Casinos: From Live Casino Sites to Official Platforms

There are two forms of Bitcoin casino, to put it simply, you have your standard casinos that are able to accept them as a payment currency but are unable to provide official games. Therefore, your payment will be converted to dollars and you will play regular online casino games.

Then you have the official casino sites, made solely and purposefully for the cryptocurrency. They contain official provably fair games and live casino games also. New Zealand is blessed to have both types of casino for you to pick and join. So, what is the best Bitcoin casino NZ has? Well, here is a list of the current TOP 10.

10 Best Bitcoin Casino Sites in NZ for 2023:

  • Playamo
  • Black Diamond Casino
  • Eclipse Casino
  • Paradise 8
  • Raging Bull
  • Slots of Vegas
  • Red Dog Casino
  • Dreams Casino
  • Bitstarz

Choosing Your Casino

As you discover the best NZ casino games, we encourage you to consider reading our casino guides such as the $1 deposit casino and reviews like the Caxino Casino in New Zealand that will help you decide on the best casino that meets your needs.

Final Thoughts

Looking for a reliable online casino that won't break the bank? Check out our recommended $5 deposit casino, $10 deposit casino and sport betting sites options. These casinos offer a variety of exciting games and attractive bonuses, including no deposit free spins and deposit $1 get $20 deals. Plus, if you're in New Zealand, you'll be happy to know that our recommended online casinos NZ dollars acceptance is widespread. But it's not just about the bonuses and deposit options - we also prioritize fast payouts, so you can get your winnings quickly and hassle-free. That's why we've included the fastest pay out online casino options on our list. Don't waste any more time searching for the best casinos for real money and join one of our recommended safest online casinos in NZ today to commence your gaming adventure!- sign up today and start playing!

Daniel - Content Writer

Author: Daniel Chapman - Editor in Chief

Updated:

Daniel Luca Chapman is our Editor-in-Chief and a man of many talents who has been on board with us for the past three years. He graduated from the University of Waikato with a Master of Arts degree, so he knows what he is doing when it comes to ensuring that all of the content we publish is epic. In this latest review, Daniel delves into the world of Bitcoin Casinos in New Zealand, meticulously examining their features and offerings to provide Kiwi players with an unbiased assessment.

FAQ: Top 3 Bitcoin questioned resolved

What casinos accept Bitcoin?

All casinos with Bitcoin payment options can take the currency. However, only official bitcoin casinos actually payout in this currency and provide users with provably fair casino games designed for use. Other standard casinos convert the bitcoin into NZ dollar currency to allow you to play.

Is it safe to use Bitcoin in an online casino?

Yes! The security that it has is unparalleled with anything else on the market in terms of ‘normal’ currency. There are, of course, many other cryptocurrencies that have the same level of security. But they are 100% safe to use inside online casinos.

Does mobile casino accept Bitcoin?

Yes! If the casino has a mobile app and allows for Bitcoins to be used as a form of payment, then yes, the two combine to give you this freedom of gameplay. The current TOP 3 mobile casinos that allow it: Dreams Casino Bitstarz Playamo

If you'd like more information about more banking solutions, click on the respective reviews below:

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