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Bitcoin Casino India

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bitcoin casino ico

When Bitcoin casinos started to open, Indians were not only enthusiastic, but intrigued.

In this crypto casino India guide, dedicated to Indian Bitcoin casinos, you will learn about crypto casino games, bonuses, deposits and withdrawals, to get a hold of the new casinos online that rule the market!

Bitcoin Casino List in India

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How to Find the Best Bitcoin Casinos

With so many Bitcoin casino brands on the market, one has to wonder how to separate the good guys from the bad guys. In the end, not every operator is thinking about what is good for the player, and many of them, especially unlicensed ones, opt for unfair and unethical, and even deceiving practices.

Have no fear, as the BestIndianCasinos team makes things easy for you, by putting effort into researching the Bitcoin casino scene in a methodic, systematic, yet objective manner. When recommending a Bitcoin gambling site, we consider many things that might affect the end experience.

  • Casino games – the number of games, and variety of genres, as well as providers that operate the games on the market and their reputation
  • Sports and Betting – whether the operator supports sports betting and other types of wagering on events
  • Bitcoin casino bonuses – what types of bonuses it has to offer, and if the deals are worth the effort. Furthermore, we take a deeper look into the wagering requirement
  • Alternative Indian payment methods – are there any methods that can be used instead of cryptocurrency payments, just in case you need them. Also, we consider payment processing times, fees, etc.
  • Customer support – are the agents at the BTC casino well-informed, honest, responsive and friendly, and what methods can you use to reach them
  • Safety – is the casino licensed, not in India, but elsewhere in the world, and is it using special protection programs to make your data and money safe

Needless to say, this is a lot to take in at once. That is why we decided to break down the most important parts, as we progress along with this crypto guide.

How to Use BTC for Gambling

Playing in cryptos is the same as playing in fiat currencies, but it takes some time to get there, as the setup is not necessarily a walk in the park. Not that it is complicated, but any crypto fan knows that there are certain steps that need to be taken to get that blockchain moving.

Get A Crypto Wallet

Basically, a crypto wallet is the same thing as your wallet that you keep in your pocket. It is an e-wallet that gamblers and other crypto users have to store their altcoins.

To get an account, you have to find a cryptocurrency wallet you can trust, and simply sign up. The process is very simple, like signing up to any other website. Then, you have to top it up with some cryptos.

Unless you already have some altcoins lying around, waiting to be used, you are probably wondering how to do it.

Use a Crypto Exchange to Fund the Account

A Crypto exchange is like a forex exchange, but for cryptos. It is a place where you can buy and sell cryptos for fiat money or exchange one cryptocurrency for another. These platforms are often in partnerships with crypto wallets, so the odds are that your e-wallet operator will easily redirect you to a safe cryptocurrency market where you can fund the wallet.

Sign Up With a Casino

Assuming that you have done your research, or chosen one of the best online casinos in India from our list, you can now sign up. This is also yet another straightforward process and takes only a minute or so. This is what it looks like:

  • Click the button on our website, next to the casino you want to register with
  • The button will redirect you to the Bitcoin casino
  • Click the “Join” button, sometimes also “Sign Up” or “Register”
  • Fill out the form with your name, surname, address, age, phone number, etc.
  • Verify if necessary

That’s pretty much it. There might be additional steps, as different bitcoin online casinos have different signup forms, but a vast majority of them boil down to this.

Deposit at a Casino

Now it’s time to fund your account. The top-up interface can typically be found under the name “Banking” or “Cashier”. Sometimes, there will be a boldly coloured button saying “Deposit”.

Click it, and find the cryptocurrency of your choice. Continue by entering the deposit amount, and then scan the QR code with your cryptocurrency wallet to start the transaction. Authorize as the wallet instructs you to, and that’s pretty much it. The money should be with you shortly.

It is good to know that not all bitcoin casinos ask you to have a cryptocurrency wallet. There is an increased number of BTC casinos that have their proprietary cryptocurrency exchanges. Basically, you get to make a deposit in fiat currencies, which is then exchanged for the coin of your choice. It is a nifty way to cater to the needs of Indian players with no e-wallets or those who love INR casinos.

Play Bitcoin Games

This is the fun part! We’ll discuss crypto casino games later on, but it is good there are no restrictions on types of casino games whatsoever. Best bitcoin casinos support all sorts of games, including live dealer games, and sports betting, to all gambling aficionados out there. Keep reading to get to the part where we discuss games in crypto casinos in India in more detail.

Withdraw the Wins at Bitcoin Casino Sites

You have won some cash in Bitcoin gambling, and now it’s time to enjoy it. The withdrawal process is very similar to the deposit. All you have to do is make sure that there is enough money in your account to fulfil the minimum cashout requirement, and second, that the bonus wagering requirement has been met.

Then, head over to the cashier, and ask for a withdrawal. Enter the amount you wish to cash out, and scan the QR code on the site. The money will be with you as soon s the transaction has been confirmed by the blockchain. Still, keep in mind that casinos may take a longer time to approve the payment. Even so, pure-blooded crypto casinos rarely take longer than a couple of moments to figure things out.

Bitcoin Casino Safety

One of the most urgent questions among all gamers out there is: “Is Bitcoin gambling safe?”, followed by “How are Bitcoin casinos regulated?”.

Naturally so, as playing with safe and preferably licensed casinos is the key to simple, easy and fast withdrawals.

Is Crypto Gambling Safe?

Generally speaking, crypto gambling is as safe as your Bitcoin casino. It is not riskier than any other form of gambling, and as long as you enjoy it reasonably and keep your habits under control, you won’t be in danger. Still, you have to choose a brand among reputable crypto casinos to keep that safety on high levels.

Safe top Bitcoin casinos are:

  • licensed
  • implement the latest safety algorithms
  • have fair and transparent T&C
  • have clear and fair deposit bonus rules
  • have transparent withdrawal policies
  • provide high level of the overall gambling experience to Indian players

To put it briefly, a safe casino will have all the important information for you to check out, even before you sign up. Then, you can also expect fair treatment once you sign up.

Crypto gambling is 100% safe, as long as you do it on a safe platform that operates according to the highest standards. Do your research, and don’t be lured by generous bonuses and great promises, but focus on quality over quantity instead.

Bitcoin Casinos Licences

When it comes to licences available to crypto casinos, things do get a little tricky. The first thing to keep in mind is that there is no legal framework that regulates the bitcoin casino industry in India. This means players are left to play with offshore crypto gambling sites.

Now, the most popular, reliable and trustworthy authorities in the world of online gambling are UK Gambling Commission and the Malta Gambling Authority. The MGA is only to make the first steps towards the legalization and licensing of BTC gaming sites. The UKGC also made a few announcements, and yet has to put them in motion, and deliver them in practice.

With two main players out of the game, is there anything left for players in India? Albeit not as coveted and prestigious as the former two, the Curaçao gambling licence can be a good substitute. This authority is known for having less restrictive conditions, and requirements, as well as for being open to all sorts of innovations.

Curaçao licence, at least for now, is your safest bet in terms of safety. Still, make sure to take it with a grain of salt, and approach even the licensed casinos carefully. We are not saying Curaçao licensed casinos are all crooks, but one can never be too cautious.

Furthermore, as this type of gambling becomes more and more regulated, we will hopefully see other jurisdictions join the party.

Bitcoin Casino Bonuses

Crypto casino bonuses are not rare. In fact, you can get a special promo at almost any online casino that operates on the market. More often than not, players get confused when they realize that not all of them have the same kind of offer, not only in terms of amounts, but also in terms of shape.

There are two kinds of bitcoin offers that can be found online:

  • Bitcoin casinos bonuses based on standard bonus deals
  • Bitcoin casinos deals that are strictly crypto

Confused? Don’t be. We’ve got your back.

Standard Bonus Deals at top Bitcoin Casinos

These types of deals can be found mostly at online casino sites that offer both fiat and BTC payments, but are becoming increasingly common at pure-blooded cryptocurrency gambling sites as well.

If you played at a online casino before, you will certainly recognize them. This is your basic deposit match that goes something like this: “Get 100% Bonus + 100 free spins”.

Of course, this type of offer may take all forms and sizes, and include a deposit or not. Here are the most frequent bonus options of this sort:

  • no deposit bonus – offer that requires no top-up, usually available only upon registration, and comes in form of a handful of free spins
  • welcome bonus – bonus on your first, or the first few deposits. It can be a deposit match, a set of free spins, or a combo of the two
  • free spins – bonus that has to be played on a selected slot machine
  • cashback – a bonus that gives you a small amount of the lost money back
  • VIP and loyalty – a special program for loyal gamers and/or high rollers, that rewards you with regular custom-made bonuses and special treatment

Strictly Crypto Promotions

Crypto promotions are offers that can’t be found at fiat online casinos, due to their nature. they might be a bit confusing at first, but once you get them going, you will be thrilled.

Bitcoin market allows operators to have extraordinary deals, custom-made for their users, so we will focus only on the most common ones:

  • Faucet – in this type of deal, you get small rewards for spending the time at the online casino. For example, the faucet may like some coins every 15 minutes, hour, 120 minutes, and so on.
  • Rain – the type of bonus users give to each other. For example, you can celebrate your win by handing out a couple of coins to other members online. To enjoy this type of deal, one often has to deposit and wager a certain amount.
  • Competitive bonuses – similar to bitcoin slots tournaments, there may be competitive bonuses. However, in this case, you have to trigger a predetermined combo to land a deal. For example, a online casino may ask you to land 21 in blackjack.

Bonus terms vary, and there is no unified rule. Certain Indian online casinos will have elaborate rules, while others will have no wager bonuses all over the place. Once again, keep in mind that there are other things to online gambling besides bonuses. They are just the icing on the cake!

Live Bitcoin Casino

Casino Bitcoin live dealer games are a popular kind of this pastime, that has evolved into an experience one can hardly forget. Just like in fiat online casinos, gamers who want to play with alternative currencies want to have a realistic and authentic online gambling experience. That is possible due to live casino games studios, that stream tables 24/7.

The good news is that the majority of big brands out there support this form of gaming. Players can easily find titles powered by:

  • Ezugi
  • Evolution
  • Ebet
  • Authentic Gaming
  • OnAir
  • and many others

This means they can also enjoy all the same titles, as their fiat counterparts. A solid online Bitcoin casino will have all the essentials: blackjack, baccarat, real money roulette and online casino poker. Then, there will most likely be a lavish selection of Indian games, such as teen patti, andar bahar or online scratch cards. A special treat is betting on online lottery, as well as keno.

In the end, we shall also mention game shows. They are often times frilly, colourful releases that look completely harmless. But, don’t get seduced by glitter and sequins. Game shows are more complex and elaborate than it seems, but can still be a real treat for Indian gamblers looking for something slightly different.

Bitcoin Casino Games

We have tackled the world of live dealer games, but there are also plenty of other genres for you to enjoy. As the offer grows, gaming sites compete on who will deliver the most games. In this part of the article, we will first address between provably fair games and those that are not.

What are Provably Fair Games?

Provably Fair games are, just as the name suggests, titles that have transparently disclosed the gaming algorithm. That way, they allow every player to simply enter some numbers, and see if the game is really operated randomly or not.

This type of games used to be reserved only for hard-core bitcoin gaming sites, but now has come the time when mainstream companies, such as BG Gaming, have full embraced it.

And what shall you do with it? Well, the company will usually include the algorithm and how to use it for precise outcome calculations. It may be a bit of a bother, as not everyone is keen on doing maths. Regardless, this formula gives players another layer of safety that shouldn’t be neglected easily, plus it can be implemented on any type of game. Slot Machines Slot machines are a common game at casinos that accept alternative currencies, but there is one thing to keep in mind.

Many establishments boast with their provably fair slot machines. However, these often lack visual appeal and features mainstream games are known for. If we keep in mind that such releases provide little to no entertainment, it would be best to focus on mainstream providers.

The most popular slot machines at bitcoin sites are the same as on fiat ones:

  • Gonzo’s Quest
  • Starburst
  • 9 Masks of Fire
  • Sweet Bonanza
  • The Dog House

Naturally, players also get the opportunity to play the demo mode, all with the goal of mastering the game.

Jackpots

Jackpot games were unavailable at crypto gambling places for a long time, yet that has finally changed. Massive prize points are still rarely attached to proprietary releases, and are more often found in mainstream releases that support crypto gaming.

One of the most important and influential series in the world of jackpot gaming has also found its way to players who prefer alternatives to fiat payment methods. Mega Moolah, and all its spin-offs, are available at any online gaming venue that works with Microgaming.

There are also Netent releases, namely its sensational Divine Fortune, as well as a great number of standalone bitcoin casino games enjoyed by generations. If you like hunting some big wins, find an online casino that has an elaborate selection of jackpot games. Remember, it’s all about quality over quantity.

Table Games

Table games are a staple at any casino, including those that don’t accept fiat payments. Still, it is good to keep in mind that at such places, the only table games may be limited to proprietary titles that may be a bit underwhelming.

If the casino collaborates with mainstream gaming studios, your selection will be simply mesmerizing. Any decent software provider these days has an admirable selection of all sorts of table games, beginning with roulette and blackjack, across baccarat and video poker, all the way to teen patti, andar bahar and sic bo.

Crash Games

Crash games are something that is specific for reputable bitcoin casino sites that work with crypto payments. It is quite common for them to be proprietary games, so don’t be surprise if they are very simple in design. Also, it should be mentioned they are often referred to as aviator, airplane or rocket games.

In this game, the main playing field is the chart with a little dot that travels across the matrix. Your goal is to predict when will the dot crash below a certain level. Frequently, there is also the option of cashing out earlier, to protect your stake. Although this type of gaming has many fans, it hasn’t hit mainstream yet. Players who switch from traditional casinos, rarely find it compelling, yet it might be exactly what you need.

Alternative Crypto Payments for Gambling

Of course, not every player can afford to play in bitcoin. It is the most popular, and the priciest payment option in the world of alternative coins. On top of that, there is the high volatility, meaning its value will fluctuate more than that of other coins or fiat currencies.

There is a high demand for alternative payments, that would open the doors of alternative casinos to those that can’t afford bitcoins.

Litecoin

One of the reasons players love Litecoin (LTC) is that it is far more transparent in the way it operates and the way it was founded. A solid choice for anyone who doesn’t like mysterious guys hiding behind pseudonyms. LTC and BTC are similar in many ways, yet LTC is four times faster than Bitcoin. Furthermore, LTC is much more available, with the limit of 84 million coins, compared to 21 million coins.

Some might argue, it is not as safe, mostly because of speed, but we didin’t hear nay real users complaining!

Check out our prepared Litecoin casino list to find the best options for play.

Ethereum

According to many, Ethereum (ETH) is the second-best option for gambling. Safer and far less volatile, it is stable as many fiat currencies. We won’t go into many technical details on how it works, as you, as the end-user, should know that the ETH network is ever-growing.

The number of Ethereum casino sites is the same as the number of places that accept BTC, so you won’t have to cut any corners. Available at any respectable casino site, it is an ideal alternative.

Ripple

The biggest advantage of Ripple is that there is no need for mining. Arguably, it is the closest thing to fiat the crypto world has to offer. Like most other alternatives, Ripple fights against being regulated, although it is used by big companies and financial institutions all over the globe. According to the Ripple community, it is not an asset, nor a commodity of any kind, and shouldn’t be treated as such. Still, it is very safe, and many find it to be the best alternative payment out there.

Dogecoin

What started as a joke, turned out to be a serious alternative currency, and a great replacement for all other, more popular alternative coins. Its main treat is that it is very affordable, yet accepted worldwide. The value of doge will probably not reach that of the bitcoin, yet it remains a popular alternative to it, due to its user-friendly nature.

Indian Bitcoin Casinos

India has always been open-minded when it comes to technological innovations, and was one of the first markets to fully embrace alternatives to official currencies. According to TripleA research, 7.30% of Indians own at least one type of cryptocurrency. In just 5 years, the cryptos have come a long way. Forbes writes that 15–20 million investors are holding more than $5.3 billion in crypto, in India alone.

So, what do your peers do with all those coins? It is impossible to say, but the fact remains, that many of them play at casino sites that accept bitcoin. Considering that there is no central online gambling authority, nor does the local government put substantial effort into making online gambling regulated on all levels, it is impossible to say how many casinos that work with bitcoin are out there.

It goes without saying, that there is an abundance of offshore bitcoin online casinos, regulated elsewhere in the world. Nonetheless, it also has to be noted that unregulated market is a fertile ground for illegal casinos. Licensed ones are, generally speaking, safer, but that means little to players who wish to play with local brands.

The question of all questions! In February 2020, India made a historical step forward and legalized crypto payments. Finance Minister Nirmala Sitharaman stressed out the fact that the high volume of these transactions required both legalization, and taxation framework. The Indian government unveiled a tax of 30% on the sale of crypto assets. The minister also revealed there is also a home-made currency in the making. Namely, Sitharaman told there will be Indian central bank digital currency (CBDC) hitting the market.

Finance Secretary TV Somanathan pointed out that the tax rate imposed, is exactly the same as the rate applied to winning on gambling. Coincidence? Probably not.

So, is it legal, or is it not? The general stance is that bitcoin, or any other similar coin is no longer illegal, yet it has yet to be seen how the authorities will treat it in the future. It is not common for authorities in India to tax now, and do the paperwork later. Shame, because India could have been on the frontier of the revolutionary legislation.

Author

Hi, I’m George, born in the USA, but currently living in India where I came to find my roots. I have been a part of the BestIndianCasinos team ever since the launch in 2019.

Beforehand, I was a dealer at a small casino in Reno, but have decided to take my life to India, and my passion for the gambling industry online, and this position is the perfect opportunity to share all the tricks of the trade.

Working in the dynamic Indian market has been challenging, but it’s a pleasure to see the industry grow and go in the right direction thanks to us and our efforts.

FAQ

Are there Bitcoin casinos licensed in India?

There is no licence for crypto gambling in India. Most casinos with a licence are regulated offshore, usually in Curaçao.

How many crypto casinos does India have?

It is impossible to say how many crypto casinos are there. Find all the best sites on our list!

In March 2020, the Supreme Court in India revoked the ban on cryptocurrencies. Regardless, many aspects of owning and minimum cryptos remain unregulated, albeit not illegal.

Which is the best exchange for bitcoin in India?

Some of the best local crypto exchanges in India include WazirX, ZebPay and CoinDCX, but you can also use heavyweights like Coinbase.

Do I have to pay taxes on bitcoin winnings?

Income from transfer of virtual digital assets such as crypto, NFTs will be taxed at 30%. For more information, we strongly recommend speaking to a specialized financial consultant.

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