The Best UK Bitcoin Gambling Sites in 2021
This much should be obvious – Bitcoin is a BIG deal.
The odds are good that you’ve at least heard of it. But considering you’re reading this now, we think the odds are even better that you’ve already invested in it.
Did you know that you can gamble with it, though? That’s right; you can use cryptocurrencies to bet on your favorite sports and play your favorite casino games.
One of the cool things about doing this is how fast you can get started. You can go from choosing a gambling site to gambling within minutes. You don’t even need to create an account first.
In fact, we recommend you choose a site from the list below if you’re interested in giving this Bitcoin gambling thing a shot (for reasons we explain later).
Every site we recommend has been thoroughly vetted, not only for its entertainment value, but also for their reputation, integrity, and safety factors. You can feel good about playing at any site on this list.
Now, we know that not everyone is ready to gamble with Bitcoin right now. Maybe you just found out that you can gamble with Bitcoin and want to know more about it before diving in head-first.
We don’t blame you. We’re the same way.
The good news is that you’re in the right place. We cover lots of Bitcoin-related information in the following sections.
The first thing we talk about is the legality of Bitcoin in the United Kingdom. Is it legal? Do you have to pay taxes? Can UK gamblers use it to gamble online? Those are the types of questions we answer in the first section.
The next two sections will highlight the biggest pros and cons of using Bitcoin to gamble online. This is an important section to read. It will help you decide if Bitcoin (for gambling) is right for you. It’s not for everyone.
The last section will show you how we go about choosing the best gambling sites that accept Bitcoin. That way, you can see how much effort goes into our recommendations. You can also use this information to find a site on your own.
That’s what we cover below. Let’s dive into the first section now.
How Does the United Kingdom View and Approach Bitcoin?
We’re going to take a stab in the dark and guess that one of the biggest questions you have is this one: is Bitcoin legal to buy, hold, use, or sell in the United Kingdom?
Online gambling is legal. It’d suck if Bitcoin wasn’t. Fortunately, you have nothing to worry about.
The Financial Conduct Authority (FCA) in the United Kingdom is pro-Bitcoin. They want to support cryptocurrency. They do support it, despite the concerns they have.
Bitcoin is treated as a foreign currency. You won’t be charged any tax or VAT if you receive Bitcoin through mining.
However, if you receive Bitcoin in exchange for services, you will be expected to pay Value Added Tax (VAT). The amount of VAT you pay will depend on the value of the cryptocurrency (in pounds) at the time of the transaction.
Taxes don’t apply to gambling, though. UK residents don’t pay taxes on gambling, for one thing. It doesn’t sound like this will change for Bitcoin users, as Bitcoin is volatile in its own right.
Is Bitcoin Regulated in the UK?
Bitcoin is still unregulated in the United Kingdom. Due to the concerns the government has, however, that might not be the case much longer.
The biggest concerns revolve around one of the largest benefits to using Bitcoin – anonymity. Since users are anonymous, it can be difficult, if not impossible, to track transactions. This makes it difficult to figure out who owes taxes. It also makes it harder to crack down on crimes, such as money laundering.
In fact, the Metropolitan Police has stated that crooks are using cryptocurrency cash machines to launder money in London. This is motivating them to tighten regulation surrounding Bitcoin sooner rather than later.
However, regulation might mean that traders could no longer act anonymously.
Only time will tell what happens. Experts expect negotiations to conclude at the EU level sometime in 2018.
That leaves us with a question, though. If the UK tightens regulation and makes it so that you can’t use Bitcoin anonymously, is it still worth using?
We can’t answer that for you – you’ll have to weigh all the pros/cons yourself. The following two sections where we list the biggest pros/cons to using Bitcoin for online gambling should help you do just that.
6 Reasons Why Bitcoin Is the Answer for Online Gamblers
Are you wondering what the big deal is? Why everyone is going crazy over Bitcoin? Why seemingly every gambling site is accepting cryptocurrencies?
Those are fair questions. We have several answers for you.
What you’ll find below is a list of the pros or upsides to using Bitcoin, and specifically, to using Bitcoin to gamble online.
1All Transactions Are Transparent
This is one of the biggest perks to using Bitcoin. You can look at the blockchain at any time to see if or when a payment was sent. You can also see how much the payment was for and who sent it.
This eliminates any shenanigans on either the gambling site’s or player’s end. The player can’t say they sent a payment when they really didn’t. The gambling site can’t give you the “check is on its way” spiel when it’s not.
The transparency that cryptocurrencies provide won’t protect you from blatant theft. However, it will put either party on the spot.
The payment was either shipped, or it wasn’t.
2All Transactions Are Anonymous
This is sort of a catch-22, isn’t it? All transactions are transparent…except for when they’re not.
Anyway, another perk to using Bitcoin is that all transactions are anonymous. Transactions are still tracked; they just use a special “address” to send, receive, and track payments instead of your personal details.
You don’t have to create an account anywhere. You don’t have to give anyone your name, email address, physical address, phone number, or anything else that might give away your identity.
There are a couple of reasons why this is great for gamblers.
For starters, not everyone views gambling as “fun” or “enjoyable” or as “entertainment.” Some people view it as “taboo,” “sinful,” or “wrong.” What’s worse is that if these people have access to your computer or phone, they’ll know that you’re gambling online and will give you their two cents.
Not if you use Bitcoin, though. They won’t know what you’re doing unless they know your Bitcoin key, the addresses used to send payments, or have access to any of your Bitcoin-related financials.
The anonymity also keeps you somewhat safe from shady online gambling sites. The worst they can do is steal your Bitcoin. That’s pretty bad, sure, but it’s far better than stealing your Bitcoin AND your personal information.
Keep in mind, though, that anonymity is usually only available at Bitcoin-only gambling sites. Hybrid sites (sites that accept all kinds of payment methods) will require you to create an account.
Of course, none of this might matter much in the long run. It sounds as if anonymity might be off the table if the UK regulates Bitcoin.
Enjoy it now while you can.
3Payments Process Fast and Are Often Fee-Free
Payment processing isn’t usually an issue for UK gamblers. It’s not like the United States where players have to wait days, weeks, or sometimes even months to receive their winnings.
You still have to wait, though. You might have to wait a day or three for your payment to clear, depending on the method you use.
That’s not an issue with Bitcoin. Most gambling sites – especially Bitcoin-only sites – process payments every 1-60 minutes. Some take longer than that, but in most cases, you’ll have your money the same day.
What’s more is that many Bitcoin gambling sites won’t charge you processing fees. The reason why is simple – there isn’t a 3rd party involved to process payments. That means the gambling site doesn’t have to pay them, which means there aren’t any costs to pass onto you.
Some gambling sites may still charge a fee – usually hybrid sites. This isn’t because it costs money to process Bitcoin. It’s because they can get away with it and/or to cover the costs of having to pay an employee to manually ship payments.
You can usually avoid these sites with a little homework. Our reviews let you know which sites charge fees and which ones don’t.
4Play Provably Fair Games
Gamblers from the United Kingdom don’t have the same issues with rogue sites as other countries do (such as the United States). Regulation is so much tighter here. Players are generally safe if they stick to legit gambling sites – like the ones we recommend above.
That said, it’d still be a confidence booster if you can double check that the gambling site is offering fair games. They have their audit certificate, but those are done every so many months or years. It doesn’t tell you if the games are fair today.
Enter provably fair games.
Provably fair games are neat because they let you check whether the game you’re playing is fair (random) or not. You can check it after every hand or round you play.
It’s a bit too complicated to explain in brief so we’ve dedicated a page specifically to help you fully understand, but the general idea is that the gambling site will use an encrypted hash number. You’ll get to see this before the hand is played. You can also enter your own client seed.
Then you play the hand.
Afterwards, you can check the decrypted hash number, the seed you entered, the results, and compare that to the results in the game to see whether you’ve been cheated or not.
It’s a neat feature that you should try at least once. It’s fun to play with, even if you trust the gambling site you’re playing at not to scam you.
5Gamble for Smaller Stakes
This is a neat perk that will benefit low-stakes players. You can buy, use, and sell Bitcoin in increments as small as 8 decimal places. That’s worth £0.000056.
Now, most gambling sites will have minimum deposit limits that are higher than that. Some of them will have standard limits, which is somewhere in the £20 range. Some sites are less.
What’s really cool is that you can often play for small sums – somewhere in the 5-decimal range. This comes out to roughly £0.05. Of course, this varies from site to site.
For some games, like blackjack or Casino Hold’em, this is crazy cheap. These games usually set you back £0.50-£1 per hand MINIMUM.
That said, this minimum won’t benefit everyone. Take slot players, for example. You can usually play for £0.01 per line, which is 5x cheaper than what you can play with in Bitcoin (at some sites).
As we said, though, this will vary from site to site. It’s something to look for, especially if the games you like to play usually have relatively high table minimums.
6Claim MASSIVE Welcome Bonuses
This will apply more to casino players than anyone else who might join an online gambling site. Even if you don’t LOVE casino games, the bonuses that you can claim with Bitcoin are large enough that you might reconsider.
The most common offer we’ve seen is a 100% match bonus up to 1 BTC. At today’s value, that means you can collect roughly £5,592.23 in bonus money.
That said, we’ve seen other sites that offer as much as 5 BTC. That means you could collect as much as £27,961.13.
Just make sure you read the terms and conditions before you claim any offer, but especially an offer that large. You don’t want their terms to bite you in the rear later on.
The bottom line – Bitcoin gives you more control. You control how much information the gambling site collects from you. You have more control over payment processing timeframes and costs. You have more control over the size of the bonuses you can claim.
You just have more control, period. We doubt most people would complain about that.
4 Reasons Why Bitcoin Might Feel Like the Wrong Answer for Online Gamblers
Don’t let it fool you. While there are many benefits to using Bitcoin and to using Bitcoin to gamble online, there are some downsides, too.
We didn’t think this page would be complete until we added a section of downsides to balance out the upsides. The following are some of the more severe downsides to consider before you use Bitcoin to gamble online.
1You Can Get Hacked
This isn’t only a risk for online gamblers, but for everyone who uses Bitcoin. While you do have the increased safety and privacy that comes with anonymity and transparency, there’s still a risk of having your computer hacked.
If someone hacks your computer, and all your information is on it – keys, addresses, passwords, etc. – then someone can get that information. From there, it’s game over. Hackers can use that information to access your wallets and transfer your Bitcoin to themselves.
The best thing we’ve seen recommended is to keep all of your Bitcoin information and records on a separate computer that you don’t hook up to the internet. No one can hack you that way.
Failing that, it’s a good idea to keep your Bitcoin on separate drives (hard wallets). You might also consider using paper wallets.
Then lock those up in a fireproof safe or lockbox for safe keeping.
2Bitcoin Is Volatile
Look at a graph of Bitcoin’s value over the past 30, 90, or 365 days, and you’ll see how swingy it is. Not only that, but you’ll see how severe the swings are. Bitcoin has fluctuated $4,000 in value in just the past few months alone.
Then you add gambling to the mix, which is volatile in its own right. Combining the two is like making a Molotov cocktail with your wallet. It’s bound to explode.
When it does, it could mean that you have just become Scrooge McDuck and that you’re now swimming in pools of money.
It could also mean that you lost everything and are now drowning in an ocean of regret.
The other thing you have to worry about is cashing out to Bitcoin from a gambling site that forces you to exchange your Bitcoin for whatever currency they’ll let you play in. You might have fees from that, for one thing. But Bitcoin’s value might not be so hot, either.
The solution to this is to (obviously) only gamble what you can afford to lose. You can also try to time the market a little to see if you can maximize the amount of Bitcoin you get from your cash-out.
3Easily Lose Your Bitcoin or Have It Stolen
It’s great that Bitcoin is transparent and offers investors anonymity. However, that comes with a severe downside or three.
For example, say you accidently entered the wrong address before you shipped a payment. Of course, it needs to be an address that actually exists. But if you pull that off and send your Bitcoin to some random person, there’s a good chance you’ll never get it back.
It’s also possible for a gambling site to outright steal your money. Shoddy sites do it all the time to players using fiat currency. Bitcoin gamblers aren’t exempt from crooks.
Ultimately, since Bitcoin isn’t backed by anyone, there aren’t any 3rd parties involved, and thanks to the anonymity it offers, it’s not terribly difficult for a rogue site to rip you off and leave you with virtually no options for getting it back.
This is one of the most crucial downsides to consider prior to using Bitcoin to gamble online.
4Some Bitcoin Gambling Sites Are Still Unlicensed and Unregulated
Because Bitcoin itself isn’t regulated, it’s not hard to see how gambling sites have gotten away without having to apply for a license and deal with rules and oversight.
The downside here should be obvious. In a worst-case scenario, you have absolutely no recourse for if/when the gambling site decides to rip you off. You have no one to complain to. You have no way of getting your money back.
That’s not to say that licenses are guarantees that you, your information, or your money will be safe. They’re better than nothing, though, and can offer some protection depending on where the license comes from.
The easiest solution to this is to avoid any gambling site that doesn’t have a license. And the easiest way to do that is to join one of the sites we recommend at the top of this page.
Not now. Not ever.
You don’t have to use our recommendations if you don’t want to, though. You can find a site on your own. It’ll take work, and it’s usually a tad bit riskier, but it’s possible.
In fact, we’ll show you how we do it in the following section.
How to Choose a UK-Friendly Gambling Site Like GamblingSites.com Does
The last thing we want to talk about is how we go about choosing a UK-friendly gambling site that accepts Bitcoin.
This is easier to accomplish for UK gamblers, as sites are held to higher standards compared to other countries. That said, it’s still possible to screw this up and end up at a not-so-friendly gambling site.
You don’t want to do that. Not after reading the downsides in the previous section. Trust us on this.
So, we want to take a few minutes to explain exactly what we look for and why it matters. That way, you can see for yourself how legit our recommendations are. You’ll also be better equipped to find a gambling site on your own.
Let’s get to it.
1Start with the License
Make sure every Bitcoin gambling site you join is licensed.
This is easy to do. Check the footer, terms and conditions, or the about page, and you’ll find out where their licenses are through.
You can take this information to the licensor to double check that the license is still valid.
2Check Their Reputation
This is important for any site you plan to join, but it’s especially important for Bitcoin-only sites.
The reason why it’s especially important for Bitcoin-only sites is because they’re so new. Newer sites tend to screw up more often than older, more experienced sites do.
The best way we’ve found to check a site’s reputation is to search gambling forums. You want to see if there are consistent complaints about the site. This could be about anything – their support, slow/no pays, unfair games, retroactively changing terms, and more.
You’ll have to use your judgement as to the severity of the complaints and whether they have any merit. It should be obvious in most cases, though.
3Hybrid or Bitcoin-Only?
There are pros and cons to both hybrid and Bitcoin-only gambling sites.
With hybrid sites, you pretty much give up most of the benefits that come with using Bitcoin. The exceptions are fast and hassle-free banking. That’s a staple to using Bitcoin.
That said, these sites are usually more established and trustworthy. You don’t have to worry so much about playing there.
Bitcoin-only gambling sites are the opposite. You get all the benefits of Bitcoin, but you’re unprotected if something goes wrong.
You’ll have to decide how much risk you’re willing to take on. This is one of those situations where you should double check your findings against our reviews (or anyone else you trust) before you sign up somewhere.
4What Can You Play or Bet On?
Most gambling sites offer either a sportsbook/casino or sportsbook/casino/poker room combo. There’s no right or wrong answer, though we do prefer the latter since it’ll appeal to more players. We’ve provided information on using Bitcoin to gamble in each section.
Whichever way you decide to go, make sure you check each section out. Make sure their sportsbook offers action on the sports and markets you want to bet on. Make sure the casino offers the games and variants you want to play. Make sure their poker room offers the games, variants, and tournaments you want to participate in.
You’re not going to find the “perfect” gambling site. They don’t exist. Most gambling sites excel in one or two areas while being weaker in the rest.
It’s possible to find something close to perfect. You can always join multiple gambling sites, too, if your bankroll can handle it.
5What Promotions Can You Claim?
Our experience is that lots of people put far too much weight into promotions. Sometimes people won’t even bother to make sure the gambling site is safe or has a positive reputation. They’ll join simply for the welcome bonus.
Good luck with that, champ. Those are probably the same people who claim that every casino game is rigged, yet continue to play them.
That’s not to say that promotions aren’t important. They are. They just shouldn’t be your first priority.
Anyway, the first thing we recommend you look at is the welcome offer for each product you plan to use. Do they have a match bonus for the casino, sportsbook, and/or poker room? How big is it? How easy will it be for you to clear it (per their terms)?
We also recommend you look for gambling sites that offer cashback and/or VIP programs. Many sites do, which means you’ll get some of the money you spend back in the shape of cash, bonuses, or other perks.
If you’re going to gamble, you might as well get something back if you can. It’ll offset some of your losses. It might even mean you leave the casino up some days.
That sounds pretty good to us.
Those are some of the more important things we look for in every gambling site we review. We recommend you do the same.
Keep in mind that there are other things worth checking out. For example, you might want to check the site’s other banking options, limits, and fees. You might also want to check out their terms and conditions for the specific products you plan to use.
Those things would take too much to flesh out here, especially since sometimes these things can differ depending on what you’re gambling on.
If all else fails, you can always read our reviews. We’ve written reviews for most gambling sites you’re likely to come across. We usually cover all those details and then some.
Bitcoin is alive and well…and legal…for gamblers in the United Kingdom to use.
We recommend that you use it, too – even if only to try it. Just try it a few times to see if it’ll work out as well for you as it has some of our other readers.
Of course, it’s not for everyone. Not everyone wants to invest in something as volatile as cryptocurrency, much less use it for something equally as volatile like gambling.
And depending on the type of site you join, you might not get all the benefits that come with using Bitcoin anyway.
That said, it’s still another tool to have in your toolbox, though. That’s not something anyone with online gambling experience would complain about. You can never have too many options.
With that in mind, if you’re interested in giving it a shot, and you want to get started right now, we suggest you choose one of the sites we recommend in the table above. It’s the easiest and fastest way to start gambling online with Bitcoin.