Online Bitcoin Casinos in The Philippines

What is Bitcoin and How to Get It?

Bitcoin is a digital currency that pioneered the advent of cryptocurrencies and blockchain technology as it’s known today. Bitcoin was established in 2009 as the solution to problems we encountered with traditional financial institutions and fiat currency. As a result, the best Bitcoin casinos Philippines give these benefits by eliminating middlemen/intermediaries, fees, transaction delays, and cross-border currency conversion fees. In addition, Bitcoin ensures decentralization such that there’s no central authority controlling transactions, and your payments cannot be traced to you in any way.

So far, Bitcoin has been used frequently in payment and even more as a means of investment. Investors diversify their portfolios with this cryptocurrency due to its “volatility.” The coin’s fluctuation in price characterizes this volatility due to demand & supply, media hype, user sentiments, and strict regulations in some countries. Even with the fluctuation in prices, Bitcoin remains the most expensive and preferred coin to crypto enthusiasts.

Getting Bitcoin as a Filipino player is quite easy once you have a digital wallet that you can keep it. Go to one of the popular Bitcoin crypto exchanges, such as Binance, and convert your cash into Bitcoin. It’ll appear in your chosen wallet, and you can use it for transactions through these same crypto exchanges. Mostly, you’ll need to have the unique wallet address of the recipient you want to send Bitcoin to in exchange for a service or product. It works pretty much with casinos, as they also have their unique wallet addresses.

Read This Before Choosing A Bitcoin Casino

You should consider several factors as a Philippine player who wants to have an unparalleled gambling experience with a gambling site using Bitcoin. As mentioned before, these Bitcoin sites are on the rise, and you’ll find thousands of them offering you incentives to retain your patronage. But picking a site is beyond the fact that it uses the most popular cryptocurrency in the world and offers a few bonuses. In the following headings, you’ll see all you must consider before taking that decision.

Pros of Casinos that Use Bitcoin

✔️ Fast Payments

On many Phillippine gambling sites with other payment methods like cryptocurrencies, you’ll notice the processing time for payments ranging between 1 – 3 days. This is due to the number of channels your payout must get approval from before it gets to you, especially with any method that has to do with a bank. However, with the advent of cryptocurrencies, you can make a deposit in an instant and withdrawal within an hour.

This applies to Bitcoin with a typical transaction time of 1 – 1.5 hours, regardless of the amount you’re withdrawing. Also, it’s quite easy to connect your wallet to the casino cashier page and make your deposits and withdrawals.

✔️ Zero Currency Restrictions

Bitcoin is a globally accepted virtual currency that doesn’t conform to restricted currencies on gambling sites. For instance, if the site accepts only PH pesos in fiat currency, you only need to pay the site an amount equivalent to the PH peso in Bitcoin to start playing. Hence, you’re not restricted from accessing the various games and services of the casino online Philippines just because of the fiat currency.

✔️ Decentralization

Since its inception, Bitcoin has aimed to eliminate middlemen/intermediaries involved in processing payments. As such, you’ll incur lesser fees these channels take before approving your payouts. It’ll also help reduce the time it takes to process these funds in traditional currency, disbursing your funds, no matter the amount, within hours.

✔️Confidentiality

With Bitcoin, no one can trace your funds to you. This gives you all the anonymity and secrecy you want to gamble on your preferred online casinos. You’ll be able to make huge deposits and cash out big with Bitcoin, get your money in full, and won’t have to worry about taxes or anyone putting a face to the winnings. This means no personal details are revealed with the payment option, from bank account statements to credit card details.

Cons of Casinos that Use Bitcoin

❌ Security

The most significant disadvantage you can encounter is the security of your funds in your crypto wallet. Especially if you’re using hot wallets to keep your cryptocurrencies, you are highly likely to get hacked and left with stolen funds. Over the years, prominent attacks have been coordinated on Bitcoin wallets and cryptocurrency exchanges that have only recently reduced a bit.

However, we advise that you keep your funds in fundamental token networks to guarantee optimum security. These include the likes of Bitcoin, USDT, ETH, and USDC stables. Your tokens will be hackproof, and you don’t have to worry about the troubles of hot wallets.

❌ Untraceable Transactions

As the anonymity factor is a plus for using Bitcoin, it’s also a loophole for when you have errors with transactions. For instance, if you send Bitcoin to an incorrect wallet address, there’s no way you can trace the identity of the person it’s sent to. This is a huge contrast to traditional financial institutions that can help you with reversals after the money leaves your account. However, this has a simple solution of double-checking what wallet you’re transferring funds to before hitting the “send” button.

❌ Price Fluctuations

With the surges affecting the cryptocurrency market, the price of Bitcoin is pretty unstable. For example, it can do 5x more or less tomorrow than what it is today. Hence, its equivalent in dollars at a particular time can be a loss for you at a later period. But, on the other hand, it can also work in the opposite way, which is the possible compensation for this disadvantage.

Fees and Limits

Many online betting sites in the Philippines and their payment methods have fees and limits attached to them. This applies to e-wallets, credit/debit cards, and bank wire transfers in deposits and withdrawals. Some will even charge you for foreign currency conversions. However, with a casino that accepts Bitcoin, you’ll find no need for fees with the site. The only fees you might incur come from the Bitcoin cryptocurrency exchange. In addition to these, you will only encounter limits set by the casino and exchange you’re dealing with.

From a review of the Bitcoin cryptocurrency exchanges, the average fee incurred from transacting with Bitcoin in 2022 is $0.957 or 0.000044 Bitcoin, 0.1% – 1.5% of your transaction amount. These fees are usually an accumulation of the mining and service fees you pay to the platform. Also, the minimum you can transact with Bitcoin is $1 to a maximum of $50,000 daily. However, this will differ greatly depending on the online casino you’re playing with.

Safety And Security At Casinos That Accept Bitcoin

When picking a Bitcoin casino in the Philippines you want to gamble at, security should be one of your top priorities. It’s for the safety of your personal and financial data, funds, and privacy in how the casino uses its website cookies. The first thing you should check at Filipino online casino sites that accept Bitcoin is licensing by any of the gaming authorities of good reputation. These include the United Kingdom Gambling Commission, Curacao eGaming Authority, and Malta Gaming Authority, among others.

You must also consider the terms and conditions in the privacy policy before you gamble with the site. In addition, see the security protocols applied to your data, such as SSL-128 or 256-bit certificates. Lastly, you should see if the platform has an integrity body like eCOGRA testing its games and ensuring RNG (random number generators) for fair play. With these, you can rest assured you’re in safe hands.

⛔ Blacklisted Casinos

Atlantic Casino Club

• Enormous wagering requirements
• Not many payment methods
• No live chat and support

Casino Triomphe

• Pirated copies
• Long payments
• No mobile version

Simba Games

• Poor customer support
• Very slow withdrawals
• No rewards and very few bonuses

Bitcoin Casino Bonuses

Undoubtedly, the bonuses on a Bitcoin gambling platform in the Philippines are why several gamblers consider them in the first place. However, with Filipino Bitcoin casinos, the bonuses tend to be even more enticing, from welcome offers to the loyalty program. Some of the bonuses you should see on top Bitcoin casinos Philippines include the following.

• Welcome Bonus – Online casinos that accept cryptocurrencies especially give a package that prompts the players to deposit with Bitcoin. This package is usually spread over a series of deposits and comes with free spins that apply to certain slot games. However, the more enticing the bonus offer with free spins, the higher the wagering requirement is likely. Hence, you should be wary of unbeatable requirements.
• Reload Bonus – This bonus is aimed at retaining customers who have made a deposit in Bitcoin to the casino. They usually come with a percentage match bonus, cashback, and free spins on your next deposit. Similar to the welcome bonus, a reload bonus could apply only to certain games and might have wagering requirements.
• Free Spins – Free spins are the most common form of reward seen in online casinos. They can stand alone or be attached to other bonuses, such as a percentage match deposit bonus. These free spins let you experience certain slot games when you play casino with Bitcoin without wagering with real money.
• VIP Program – Gambling platforms aim to retain customers and have loyalty programs to ensure that. As such, it’s unsurprising to see a Filipino casino operator awarding loyalty points to players for reaching milestones in deposits and withdrawals. When these points accumulate to a certain range, you get invited to levels in a VIP program. This VIP program gives you extra perks than a regular player.
• No Deposit Bonuses – This reward is coveted by several gamblers as it gives them a chance to play some of the casino’s games without a deposit. It usually comes with a bonus fund attached and a wagering requirement you must beat to cash out the funds.

Games You Can Play in a Bitcoin Casino

When picking a Bitcoin casino, its game selection should majorly influence your decision. The more games, the better your experience and chances at generous winnings. A standard casino will have slots, table games, and live dealer games. However, you could do more at the best bitcoin casino sites Philippines with games like keno, bingo, lottery, and instant games.

Slot Games

On most Bitcoin gambling platforms, these slots are the most numerous, usually found in the range of 1,000 – 2000. You’ll find them in different themes, genres, and models. These include classic slots, modern, 3D, 5-reel, 7-reel, and progressive jackpots, among others. For these slots, you should be particular about the bonuses, RTP, and maximum prizes they offer. In the best casinos, you should have demo versions to try out the games before you wager with real money.

Table Games

Table games you’ll typically encounter at an online casino are roulette, baccarat, blackjack, and video poker. These games typically use dice and cards, where you have to bet on numbers and colors and hope you get lucky. You’ll find variants of these games, such as roulette with the American, European, and French variants. With baccarat, you should come across variants like the Punto Banco, Mini Baccarat, and European Baccarat.

For blackjack, there are variants such as European Blackjack, Spanish 21, and FaceUp 21. Finally, with poker, you get variants like Joker Poker, Aces & Faces, and Jacks or Better. They also come in demo versions for you to experience before playing with real money.

Live Dealer Games

Most of these Bitcoin casinos in the Philippines have live studios to present table games to you live. This lets you experience gambling like in the rick-and-mortar venues without leaving the comfort of your home. Some of these offer more than these table games, with their own special programs.

Are Casinos Using Bitcoin Legal In the Philippines?

Yes, gambling platforms using Bitcoin and other cryptocurrencies are legal in the Philippines. The Bangko Sentral ag Pilipinas’ recognizes the use of these virtual coins and has issued Circular No. 944 containing regulations for transacting with them. The circular aims to make the gambling scene a leveled field for players and protect them under the gambling laws of Phillippine.

In addition, you can play in casinos that are not based in the Philippines but have the operating license to do so. Hence, you can play your games with ease of mind using Bitcoin as a payment option.

Steps To Make A Deposit

Once you’ve decided on what Bitcoin casino to play with, you can easily deposit with Bitcoin. The process requires a few steps that you can complete within seconds and get your funds to reflect to start playing in an online Bitcoin casino. Below are the steps involved.

1. Create an account with the Bitcoin gambling platform and log in.
2. Ensure you have Bitcoin in your crypto wallet.
3. Go to the banking/cashier section of the site.
4. Select Bitcoin as your preferred deposit method.
5. Copy and paste the casino’s unique wallet or scan the QR code if present.
6. Specify the amount of Bitcoin you want to deposit to the wallet.
7. Hit send and wait for the funds to reflect.

The Bitcoin funds should appear in your account in a matter of seconds. As established earlier, you might need to pay a fee to the exchange platform you use. Asides from that, you can easily proceed to place your wager on games.

Steps To Withdraw Funds

As you can easily deposit funds using BTC on an online casino in the Philippines, you can withdraw with Bitcoin the same way. The steps involved are few and can be completed within minutes of logging into your account on the gambling platform. These are the steps involved in withdrawing from Philippines Bitcoin casinos.

1. Log into your casino account and navigate to the cashier/banking page.
2. Select withdrawals and pick Bitcoin as your preferred method.
3. Provide your Bitcoin address in the field required by the site.
4. Enter the amount of Bitcoin you want to withdraw.
5. Double-check to ensure your details are correct.
6. Confirm your withdrawal and wait for it to reflect in your wallet.

You should incur no fees with withdrawals by Bitcoin unless set by the online casino. Also, you must meet the gambling website’s minimum withdrawal limit before withdrawing. Lastly, make sure the wallet address you give to the casino is correct.

Mobile Bitcoin Casinos

Statistically, there are more mobile phones worldwide than desktops/laptops. As a result, it’s only ideal for casinos to optimize their websites for mobile devices. Most gambling platforms have enhanced gaming experiences for mobile, and you should find such in any top Bitcoin casino Phillipines.

With your mobile device (Android or iOS), you should be able to fully access the casino’s games, customer service, VIP packages, and payment options, among other features. To ensure you don’t fall for substandard mobile casinos, we’ve compiled a list of some of the best casinos for mobile phones in the Philippines.

Top Casinos With Bitcoin

Your search for top Bitcoin gambling sites might be extensive, going from one review to another. You don’t want to fall prey to scams and lose your funds to gaming platforms masking as a reputable online casino. Hence, in the table below, we’ve compiled the top Bitcoin casino sites Philippines for you.

Alternative Payment Options

Undoubtedly, Bitcoin is an amazing payment method, but it’s still great to have alternatives you can trust. Some of these alternative options are Skrill, Neteller, Paysafecard, PayPal, and GCash. These payment methods have different perks and benefits in casino sites accepting Bitcoin, which will be highlighted in the headings below.

• Skrill
• Neteller
• Paysafecard
• PayPal
• GCash

Skrill is a popular e-wallet used by casino players worldwide. It’s one of the most trusted and safest payment options, serving individuals since 2001. Skrill is accepted in 131 countries and supports 40 different currencies. Only a few other payment methods can compare to these statistics, and it’s even more beneficial with its great deposit and withdrawal limits. On Skrill casinos, you can withdraw up to $1,000 per day.

Neteller is one of the biggest e-money transfer services in the gambling scene, supported in over 103 countries. The payment platform came into existence over 20 years and has run millions of transactions in over 40 currencies. Currently, millions of Neteller online casinos worldwide offer competitive fees and limits on deposits and withdrawals.

It’ll be worth noting that Neteller is run by the PaySafe group, the same company that owns and manages Skrill and PaySafeCard. Undoubtedly, they’ve hacked the gambling market scene by studying the payment needs of gamblers and optimizing their platforms for it. One of the spectacular features that make Neteller so popular is its low transfer fees of only 1.45% – 2.99% of your transaction amount.

Paysafecard is an initiative by the Paysafe Group that allows users to make transactions with vouchers. The payment method is prepaid, available in 60 countries, and supports over 15 currencies. You can buy any of the vouchers from over six hundred Paysafe terminals to make payments on Paysafe casino sites. The security makes the Paysafecard stand out from the other payment options, as you don’t need to enter any personal details before making a payment.

The vouchers typically come with a unique 16-digit code that you only need to give to the casino when you want to make a deposit or withdrawal. The fees attached to using Paysafecard are minimal, and you can withdraw considerably well with it.

PayPal is an independent company, running financial transactions for over 300 million people in 25 currencies. The payment platform is the choice for shoppers, gamblers, and freelancers in over a hundred countries. It’s a popular choice with millions of people because of its fees which are considerably lower than bank transfers. As such, it’s unsurprising to see PayPal casinos in several countries.

GCash is one of the most recent e-wallets that’s secure, fast, and easy to make payments with. The payment platform is accepted in about 200 countries, giving you various gambling platforms to choose from. It accepts all the major currencies and has relatively low deposit and withdrawal fees.

Advice From Our Experts Before Gambling

The benefits of a Bitcoin casino are undoubtedly unmatched, and it’s easy to get carried away when the wins start rolling in. To help you gamble responsibly, you should take note of the following practices and adhere to them at all times in any crypto online casino you play with.

1. Set your budget: Before you gamble with a casino in the Philippines, you should have a budget that will guide your bets on the games. You can section the bets according to the games you want to play and ensure never to exceed this budget.
2. Play demo games: As mentioned earlier, these games have demo versions that you can try before you wager with real money. These demo games are highly recommended as they let you experience what a game has in store for you if you place a bet.
3. Set a loss limit: Gambling is a game of luck, and you might think you’ll win big after several losses. But that’s not the case most times, as you can keep losing money. Hence, you should set limits for your loss and know when to stop.
4. Set a time limit: Whether you want to gamble daily, weekly, or monthly, always set a time limit regardless of what you’re winning. As established earlier, it’s easy to get carried away.
5. Always expect to lose: As much as casinos promise to make you rich, always expect to lose some money first. It’s part of the game and makes your winnings even sweeter.

Conclusion

Undoubtedly, this article has helped shed more light on online Bitcoin casinos in the Philippines. You can play with any Bitcoin gambling platform today, knowing what to expect and how you should be treated as a customer. Whether it’s the game variety, security & safety, payment options, or customer services, you shouldn’t settle for less in a cryptocurrency online casino. Our experiences with these sites so far are fantastic, and we highly recommend everyone play with them.

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