The online gambling industry is constantly evolving in response to improvements in technology, changing consumer behavior and the tightening of regulations. Thankfully, these changes are generally favorable to players.
These benefits include increased player protection, rules or features designed to encourage responsible gaming, more mobile-friendly platforms and a larger number of live gaming events. This ultimately leads to a more secure, flexible and enjoyable experience for players.
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Another recent trend sweeping through the online gambling industry in the Philippines and globally is the use of Bitcoin and other cryptocurrencies instead of ‘fiat’ or traditional money for online gaming.
The first Bitcoin casinos went online a few years already and have since become leaders in the field of online gambling. Bitcoin and other digital currencies enjoy some major advantages over their fiat counterparts.
They are decentralized, more convenient and offer a more private way to complete payments online. It’s easy to see why Bitcoin has been widely adopted online as an alternative currency. Today, it is a preferred currency in dozens of online casinos that accept bets from players based in the Philippines.
Before you sign up and play, check out our complete guide on this fantastic new way to play and our list of the best Bitcoin casinos available in the Philippines.
Bitcoin Casinos FAQ
What games do Bitcoin casinos offer?
Bitcoin casinos generally offer many of the same games as their traditional brick and mortar or online counterparts.
These include slots, table games such as blackjack and roulette, digital & video poker and even live dealer games. Many popular online casinos available in the Philippines now, have a dedicated section for Bitcoin games. Check out this list to find Casinos that accept Bitcoin and other cryptocurrencies.
Are Bitcoin casinos regulated?
Just like other online casinos, Bitcoin casinos are required to follow the laws and regulations of both the countries they are based and those they operate in.
Before they can accept any money, these operators undergo a registration and verification procedure with a relevant licensing authority. These licenses permit casinos to offer remote services and accept bets.
Of course, there are exceptions. Some casinos operate without permits and should be avoided at all costs. If a casino does not display their gaming license, it probably does not have one. Even if you see a license it never hurts to do a little research and read a few reviews before trusting any business with your money.
Are Bitcoin casinos legal in the Philippines?
Yes. If you’re from the Philippines you can play in any Bitcoin casino provided that it’s a fully licensed and registered offshore gaming platform.
Which Bitcoin casinos are best in the Philippines?
Casinos all have their own unique selling points that appeal to different kinds of players. There are however a few casinos that we would highly recommend no matter your experience level or budget. These include FortuneJack, Cloudbet, Bitstarz, and 1xBit.
Are payouts easier in Bitcoin casinos?
Compared to standard payment options, Bitcoin and other cryptocurrencies offer greater speed, security and privacy when it comes to payouts and transfers. Payments are facilitated by e-wallets and are processed almost immediately through a system known as the ‘blockchain’.
Is my money safe with Bitcoin casinos?
Yes. If a casino is licensed, you can count on your money being safe and secure. You also don’t need to worry about whether your winnings will be paid out or not. The remote license displayed on their website proves that a company is regulated by a body that ensures that they are committed to safety, security, and fairness.
The majority of Bitcoin casinos advertise their platforms as ‘provably fair’. This is a relatively new system that allows players to independently verify the fairness of results.
Do Bitcoin casinos offer sports betting?
Some Bitcoin casinos do offer a sportsbook section. This means that you can bet on live sports and some other events on these platforms.
Do Bitcoin casinos accept other cryptocurrencies Besides Bitcoin?
Some Bitcoin casinos do accept Ethereum, USDT (Tether) and other cryptocurrencies. If you’re interested in gaming with another currency, you should be able to easily find a casino that offers gaming choices for most of the major cryptocurrencies. A great place to start is this guide of casinos that accept other cryptocurrencies.
Games List Overview
As we already mentioned, you can expect to find many of the same games in Bitcoin casinos as you would on other online gaming sites. Here is a look at the most popular casino online today:
The most popular online casino games. They are available on most Bitcoin casinos. Most slots games are supplied by top vendors like Netent, Microgaming and Play n’ GO.
Also known as ‘twenty-one’, this classic table game is available in different varieties. The main objective is to beat the dealer by creating a two-card hand with a value not exceeding 21.
This is a classic card game that’s available in many Bitcoin casinos. In Baccarat you must wager on one of three outcomes: player wins, bank wins, or a tie. The house favors a bet on the banker and each winning bet pays a 5 percent commission.
Video & digital poker
Player poker with Bitcoin against other players in a live video game or on digital tables with real players that are represented by an avatar.
Another classic game that’s available in different varieties such as American Roulette and French Roulette. In this game, you wager on where a spinning ball on a round board will stop.
In premium Bitcoin casinos, you will also find a section for live dealer games. In a live game, you play with professional dealers in real-time, meaning you don’t need to physically visit a casino to enjoy the thrill of live gambling.
The Most Popular Bitcoin Casino Games
As with everything in life, personal preference is the most important factor when it comes to choosing games. Online slots are the most popular Bitcoin games, but as new players come online this is certainly changing. For now, slots still dominate the portfolio of most top casinos.
Bitcoin Casino Promotions Philippines
Many Bitcoin casinos offer bonuses and promotions to new and regular players. Below are some of the things you should look out for if you want to make the most of these features:
Also called a signup bonus. This is the most popular form of bonus and is offered in some form or another by most casinos when you create a new account. You normally (but not always) need to verify the account and complete an initial deposit to enjoy this kind of offer.
In many Bitcoin casinos, your first few deposits are subject to a deposit bonus. You can normally choose whether to enjoy this bonus in traditional currencies or BTC.
Some casinos offer bonuses when you top-up your account. In some cases, they will even match all your top-ups.
With cashback bonuses, you get a portion of your gaming losses back. For example, a Bitcoin casino may offer a 30% cashback offer on losses of up to $100.
Popular Bitcoin casinos also run other promotions and campaigns. You might encounter slots tournaments or competitions organized in partnership with a software vendor. These casino campaigns run for a limited time only, so we suggest that you regularly check your favorite websites for updates.
Best Bitcoin Casinos for Players in the Philippines
Our team of professionals constantly monitors the Bitcoin casino industry in the Philippines and globally. Here’s our list of highly recommended Bitcoin casinos available in the Philippines:
Cloudbet was started in 2013 and is one of the leading Bitcoin casinos and sportsbooks in the industry. It is owned and operated by Halcyon Super Holdings B.V. and offers a Bitcoin-focused gaming portfolio.
It currently maintains a Live Bitcoin casino and slots section. For its live offerings, Cloudbet has more than 50 tables available, all with different betting limits. The casino section is also filled with thousands of online slots and other games.
For the punters out there, Cloudbet also serves as a reliable choice. Its sportsbook offers a wide range of in-play markets backed by competitive odds and margins as low as 2% for many of the world’s top sports leagues and events.
Bitstarz is an award-winning Bitcoin Casino that’s owned and operated by Direx N.V of Nicosia, Cyprus. It’s one of the leading Bitcoin focused casinos in the industry and offers fantastic support to players.
It is home to more than 2200 casino games in many different categories. Whether you’re looking for online slots, table games, live dealers or jackpot titles, Bitstarz consistently delivers premium games. It boasts both a well-stocked section of BTC games and fiat alternatives.
Expect fast and easy registration and secure payments. Registering an account takes less than 15 seconds and all your payments are processed in less than 15 minutes.
FortuneJack is another premium casino that primarily accepts Bitcoin and other digital currencies as their preferred payment methods.
Operated by Nexus Group Enterprises N.V. of Curacao, this sportsbook and online casino delivers a variety of slots, table games and live dealer games. It also boasts a ‘Provably Fair’ section with a collection of specialty games that offer fair and transparent outcomes. These games also promise bigger winnings.
As a cryptocurrency focused gambling platform, FortuneJack also accepts a variety of other digital currencies. Aside from BTC, players can also use of Ethereum, Litecoin, and Monero to name just a few.
mBit Casino offers exclusively Bitcoin and cryptocurrency based casino games. Its website is owned and operated by Direx N.V., a popular operator of premium online casinos. As a leading gambling destination, mBit Casino plays host to more than 2,000 titles that are powered by the top vendors in the business. Enjoy casino and live dealer games from Betsoft, Endorphina, Pragmatic Play, Evolution Gaming, and Play n’ GO.
Aside from its premium collection of games, mBit also boasts regular promotions and campaigns. The majority of these bonuses are available in Bitcoin. There is also the mBit Races, a regular tournament that rewards players with free spins and bonus money in Bitcoins.
1xBit is a premium sportsbook, casino, and poker website that primarily accepts Bitcoin as its preferred payment method. In operation since 2007, 1xBit is a fully licensed and registered gambling platform that delivers both premium sports betting and casino platforms.