Type the word “Bitcoin” into Google or any other search engine, and you’ll find thousands of news articles. Bitcoin is the hottest trend of the last several years, and it is fast becoming the preferred way to gamble online.
It’s no surprise then that there are Canadian Bitcoin gambling sites popping up left and right. From Canadian casinos which accept Bitcoin to sportsbooks to crypto bingo sites for Canadian players, the Canadian online gambling sector is undergoing a Bitcoin revolution of sorts.
We’re going to show you the best Canadian Bitcoin gambling sites online today and take you through some of the dos and don’ts of gambling with Bitcoin.
Why These Canadian Bitcoin Gambling Sites?
There are hundreds of Canadian Bitcoin gambling sites on the web, so why did we pick the above as our recommended sites?
As it turns out, we have a strict set of standards for all of the online gambling sites we recommend, whether they are Bitcoin gambling sites or not. We guarantee that all our sites share the following attributes.
All of our sites run on secure, encrypted connections which will keep your personal and financial data safe. They are legit gambling sites which have experienced operators running them. In most cases, they have gaming licenses sanctioned by national gaming authorities. Most importantly, they won’t steal your valuable Bitcoin deposits!
We don’t know whether you want to play roulette, bet on horses, spin slots, or go head to head with other players in a live poker tournament. That’s why we pick sites which offer plenty of casino games, sports betting, and other gambling options.
One of the best things about using Bitcoin for any reason is the ability to send it anywhere, anytime, for a few pennies and at warp speed. You could send $10 million in Bitcoin from Canada to Japan, and it would get there within hours. The gambling sites we select almost always offer same-day payouts.
Great customer service is one of the most important factors of any gambling site we review, but it’s especially so when it comes to Canadian Bitcoin gambling sites. Since using Bitcoin is new to so many people, it’s important that the customer service team is on the ball, helpful, and ready to resolve issues if and when they arise.
Why Use Bitcoin to Gamble Online?
If you’re already a Bitcoin convert, you can probably skip this section, as you’ll already be aware of why you should play at Canadian Bitcoin gambling sites.
However, you might not be entirely sold on the idea yet. So, just for you, we’ll review the reasons why so many people are switching to Bitcoin to gamble online.
Bitcoin Is Secure
Every day, you’ll hear about bank heists and thefts, but in its entire existence, the Bitcoin blockchain has never been seriously hacked. Some people have managed to break in and mess with it, but it’s never led to a major Bitcoin heist. While it’s true that some people get their Bitcoin stolen, that’s due to incorrect use. We’ll repeat that – the Bitcoin blockchain has never been seriously compromised.
That makes the Bitcoin payment network among the most secure on the planet. Its encryption is unbreakable, and the ledger which records transactions is unalterable, so it’s 100% fraud-proof.
If you use Bitcoin correctly, you won’t be able to be stolen from. Even if you fall for a scam casino which claims you never made a deposit, it will be right there on the Bitcoin ledger for everyone to see, so you’ll be able to prove it instantly.
Bitcoin Is Private
It’s natural to want to keep your financial affairs private, but it’s even more important to do when it comes to gambling online.
Unfortunately, people will make judgments about those of us who gamble online. Bank managers are one group who will look unfavorably on it, and they’ve been known to refuse loans and mortgages to people because they have some gambling transactions on their account within the last few months.
When you use Canadian Bitcoin gambling sites, there will be a transaction showing that you bought Bitcoin, and that’s it. Where you sent the Bitcoin is your business, and nobody else will be able to find out unless you want them to.
Bitcoin Is Fast
Lots of crypto enthusiasts will say that Bitcoin is slow compared to other cryptocurrencies like Ripple and Litecoin, but it’s still unbelievably fast compared to traditional banking and payment methods.
You can send Bitcoin anywhere in the world in minutes. Even when the blockchain is insanely busy, it will take a few hours maximum to get your money from the Canadian Bitcoin gambling site to your own Bitcoin wallet address.
Compare that to waiting 3-5 business days for payments through credit/debit cards or bank transfers, and it’s easy to see why Bitcoin is so attractive.
Bitcoin Is Cheap
When we say Bitcoin is cheap, we don’t mean buying an entire Bitcoin is inexpensive. It certainly is not! What we mean is that sending and receiving Bitcoin is cheap as compared to many other payment methods.
Whereas many credit card companies charge 2.5% on casino transactions (which could be lots on a $1,000+ transaction), you’ll be able to send the same amount of Bitcoin for a few cents.
This is one of the important reasons to find Canadian Bitcoin gambling sites with zero or at least low fees. You don’t want one of the main advantages of using Bitcoin to be canceled out by unnecessary casino withdrawal fees. That would be annoying.
Bitcoin Is Permissionless
This is perhaps one of the best reasons to use Bitcoin. Whereas you have to apply for a credit card or bank account, and banks are fond of telling you what you can and can’t use your money for, Bitcoin is 100% permissionless, meaning you just need to download an app or create an exchange account, and you’re in the game.
You won’t be asked to prove how much you earn, you won’t be asked to fill in any forms, and you won’t have to worry that your bank or payment provider may clamp down on gambling transactions (as happened in the USA). With Bitcoin, you can spend it on whatever you want, whenever you want, and if you want to spend it all at Canadian Bitcoin gambling sites, that’s your call and your call alone.
You could say that Bitcoin is the currency for adults. You don’t need permission from some authority figure to do what you want with your own money.
Hopefully, you now have a fair idea of why so many online gamblers are jumping on the Bitcoin bandwagon. This cryptocurrency is truly revolutionary. It is going to change a lot of things in our world in the next few decades.
As always, the gambling industry is the tip of the spear when it comes to implementing new technologies. Canadian Bitcoin gambling sites are some of the first in the world to make use of Bitcoin. You’ll be able to say you were a part of that in the early days (it’s still early, believe us).
Downsides to Using Bitcoin to Gamble Online
If you’re a switched-on person, you’ll already have worked out that the above were the upsides to using Bitcoin, and you’ll probably already have asked yourself what the other side of the story is.
Of course, there are some drawbacks to Bitcoin gambling sites and using Bitcoin generally. Being an honest gambling resource, we want to show you both sides.
Here are some of the things you need to be aware of before diving in and using Bitcoin to gamble online.
Bitcoin Is New
Bitcoin was developed and came online in 2009, but it’s new to many people, and that’s what we mean here.
Like anything new, it can take a little while to get used to using Bitcoin. For example, many people find the Bitcoin wallet addresses off-putting. They’re made up of letters and numbers. Many people feel confused by how they work when they first encounter them.
Yet, all you have to do is copy and paste someone’s wallet address and send the Bitcoin. It’s incredibly easy once you overcome the initial unfamiliarity of it all.
You can also use QR codes to send Bitcoin if you prefer. This eliminates the need for the wallet addresses.
Bitcoin Is Volatile
One of the main reasons Bitcoin makes the news so much is that the price fluctuates wildly. It’s not abnormal for Bitcoin prices to change by hundreds of dollars per day, and over the course of a week, the value could move thousands of dollars.
This is the nature of Bitcoin, and it always has been. It has crashed many times before, and it has always recovered and surpassed the price it crashed at many times over. That has been the cycle of Bitcoin since it started, and it’s understandable that many people are put off by the Bitcoin price volatility.
However, there’s a flip side to this. Just as the Bitcoin price can crash, it can also skyrocket. Some gamblers find this to be a benefit to using Bitcoin since you could end up winning $5,000 and find it’s worth double a few months later.
It all depends on your tolerance for risk, we suppose. Since you’re interested in Canadian Bitcoin gambling sites, we assume you have at least some appetite for risk.
There Are Bitcoin Scams
It’s always important to play at trustworthy gambling sites, but trust becomes 10 times more important when it comes to Canadian Bitcoin gambling sites. Because Bitcoin is still new and so many people are confused by it when they first start using it, there are lots of scam sites which will entice you to make large Bitcoin deposits, and they’ll then disappear or simply refuse to respond to your attempts to contact them.
Usually, these sites are hidden on offshore servers, so it’s really hard to get them to pay you back. Likewise, unlike a bank, Bitcoin isn’t a company, so you can’t call somebody to sort out the issue for you.
If you send your Bitcoins to the wrong address or to a scam casino site, it’s on you to fix it. Sometimes you can’t. That’s why it’s so important to read the Canadian Bitcoin gambling site reviews we have provided here and use them to pick a legit site.
Bitcoin Gambling Bonuses
We thought of mentioning this in the “benefits of using Bitcoin to gamble online” section above, but we thought it deserved its own section. The truth is, some Bitcoin gambling sites are offering insane bonuses. This is one of the main reasons to use these sites.
While many gambling sites will offer you a deposit match of as much as $1,000, many Canadian Bitcoin gambling sites will match you 100% up to 1BTC. That’s a huge amount of money, and it means using Bitcoin can get you much bigger bonuses than the ones that are available to gamblers using regular currencies.
Bitcoin Free Spins
These are free spins on slots given for making a deposit using Bitcoin. They’ll usually be given on a specific selection of games.
Bitcoin Free Bets
These are found at Bitcoin sportsbooks and are risk-free bets given as a reward for depositing Bitcoin.
Bitcoin Deposit Matches
These can be found at Bitcoin casinos and poker sites and are simply “deposit x get x” offers.
The Canadian Bitcoin gambling sites we have listed in the table above all have their own unique offers, so be sure to check them out. Hopefully, you’ll find something which suits you.
Note: Don’t try to game the system by making a deposit in Bitcoin, getting your free Bitcoin bonus, and withdrawing it. This won’t work! Casinos aren’t stupid, and each offer has terms and conditions. You will have to wager your Bitcoin deposit a certain number of times before you can withdraw your Bitcoin bonus.
Picking a Canadian Bitcoin Gambling Site
We have a simple three-step process which will allow you to pick the right Canadian Bitcoin gambling site. If you follow this, you have a much better chance of having a satisfying, happy online gambling experience.
(1) Get Clear About What You Want
Each site is unique in what it offers. Think about what you want from it. Do you want to play casino games? How about betting on sports? Is poker important to you? What sort of Bitcoin bonuses do you want? Do you want to download an app or play directly on the site?
(2) Read Our Expert Reviews
While you could skip ahead to step three, there might be something you miss, unless you consider yourself a true gambling site expert. Our team has years of experience reviewing sites. We leave no stone unturned in our gambling sites. We cover everything you could possibly want to know, which will help you filter out unsuitable sites before you visit.
(3) Visit and Try the Sites
See the table above? It has live links to the Canadian Bitcoin gambling sites we recommend. You can visit these sites by clicking the relevant buttons. Once you’re there, browse around, try the services, and register an account if you like what you see.
There’s nothing to say you can’t have accounts at lots of different gambling sites. Feel free to register, take no-deposit bonuses where they’re offered, and take your time looking around to find out if the site is right for you.
Some Final Advice
By now, we hope you have a greater understanding of what makes a great Canadian Bitcoin gambling site, what some of the pros and cons of gambling with Bitcoin are, and how to pick a site which suits your needs.
Don’t rush this process. We always say that picking a gambling site is like picking a holiday or a car. You don’t want to rush in and make a mistake. Because of rogue casino sites, that would be something you could come to regret.
Take your time, look around, find a great Canadian Bitcoin gambling site, and don’t forget to enjoy yourself!