As the Bitcoin prices shoot up (the current Bitcoin price is $6,600 USD), there is a rise in cryptocurrency casinos and the players as well. This digital currency is completely decentralized and is protected by cryptography, meaning it is coded keeping a list of all the transactions made in the form of Blockchain.
Bitcoin is the pioneer of cryptocurrency but now with times many other cryptocurrencies appeared with better or enhanced systems. They are called Altcoins or ‘alternative to Bitcoin’. One such currency is the LiteCoin (LTC), which like Bitcoin, uses a decentralized system but makes every transaction faster. Another is DASH, which enhances the feature of anonymity and the transactions are almost untraceable. Monero (XMR) not only promises anonymity but also a fast exchange of transactions. There are other cryptocurrencies or altcoins that are in circulation today and many more are still developing a better altcoin.
In the Philippines, the cryptocurrency haze has started to settle with more people joining in trading with their bitcoins. Recently, the Philippines has allowed ten cryptocurrency operators in the Philippines. This has given rise to its use even at online casinos to play games be it slots, table games, sports betting or live casinos with Bitcoins.
Interested as you are to know which casinos seems best for Filipino punters then here find four best Philippine Bitcoin casinos to play slots in 2019
Betonline is perfect online sports betting site for Philippine players. This bookmaker accepts Bitcoins as well as various other currencies to find your sports account. So you can make a deposit with Bitcoin, Litecoin, Visa, Mastercard, Person to Person methods, Check and Money Orders and others to enjoy huge variety of sports to choose from, including football, baseball, basketball, hockey, tennis, golf, soccer, racing, entertainment and political props, and more. They are legally licensed and regulated through the government of Panama.
Here you will find live lines for all major sporting events, including NFL, MLB, NBA, NHL, Soccer, Tennis, Rugby and so much more. Their live betting feature allows you to bet on your favorites quickly and easily, and in real time. You can play slots as well as poker too at their casino.
Click here to join the casino
As far as bonuses is considered this casino is full with them. As a new player grab 50% Welcome Bonus and get an extra 50% added onto your sports betting bankroll on your first-ever deposit at BetOnline.ag. Simply use promo code BOL1000 while making your initial deposit and your 50% bonus will be added onto your balance within seconds. To maximize your earn, you can score up to $1,000.00 worth of free plays from this one deposit.
If you have never made a deposit with Cryptocurrency before, use promo code CRYPTOBET on your first-ever deposit to earn a special 50% Bonus using either Bitcoin, Bitcoin Cash, Ethereum, DASH or Litecoin. Use promo code CRYPTOBET and get match your deposit dollar for dollar or Peso from just $20 all the way up to $500.
Sportsbetting is another Philippine friendly site that accepts cryptocurrencies. With a competitive bonus program, a leading mobile betting platform, and typically scores highly in the customer service makes this casino just wonderful. Sportsbetting.ag offers a live betting platform, full service racebook, casino, skill games, and poker. The sportsbook has a full variety of proposition wagering markets across a range of national and international sports.
Sportsbetting.ag recently became one of the online sportsbooks to respond to user demand and integrated bitcoin to their sportsbook cashier.
Bonuses are same as offered with betonine.ag site Get 50% Welcome Bonus and boost your account with an extra 50% of free plays when making your first ever deposit at Sportsbetting.ag. Enter promo code “SB1000” in the cashier and you can instantly take home up to $1,000 on top of your initial deposit.
If you have never made a deposit with Bitcoin, Bitcoin Cash, Ethereum, DASH or Litecoin before, you can earn a special 50% Bonus on your first-ever deposit. Use promo code BETCRYPTO and get match your deposit dollar for dollar from just $20 all the way up to $500.
3. 5 Dimes Casino
The 5Dimes is another online casino which is Philippine friendly casino offering Las Vegas style games. Established in San Jose, Costa Rica, this casino was launched in November 1996. There are many deposit options for players which includes cryptocurrencies. Over 1000 wagering options available you can play slots, live casino and do sports betting.
Choose from reduced juice options on NFL, NCAA football, Canadian Football, NBA, NCAA basketball, WNBA, MLB, NHL, grand slam tennis, PGA golf, boxing, MMA, and special events. Reduced juice options are generally posted on the day of the event. Learn more here
As bonuses are prime here you get 50% Plus New Player Reward where you earn up to $520 in Free-Play Rewards to use in Sportsbook
Also get MatchPlay Casino 50% Reward. In lottery games earn 77 one-dollar shots at the world’s largest Pick 3 and Pick 4 payouts.
Earn up to $500 in Free-Play Rewards based on the method and amount you replenish your account.
4. Rich Casino
Rich casino is well known online casino that accepts Philippine players to play some of the outstanding casino games as well as sports betting. This casino came into existence in 1999 and is a legit casino licensed and regulated with Curacao eGaming . Ideal for real money slots to play you have the option to play instant games without anything to install even with your cell phone and tablets.
Rich casino offers 25 free spins on slots games when you enter to play as a new player and triple your first deposit with 200% bonus when you sign up for the first time. With a minimum deposit of $25 or more you charge up your account with first deposit and grab a welcome bonus which will triple this amount with 200% bonus.
If you have earned Bitcoins and want to use at casino play then grab wonderful 400% BTC bonus on your first three times deposits. Also there are other offers and VIP bonuses and other prize awards as well.
Where to get Bitcoins in Philippines?
Organizations like the Blockchain Association of the Philippines is now ready to spread information about this currency. While the Philippines has yet to develop their own cryptocurrency, they have made steps with it. Which is where the Philippine-based wallet and coin exchanges come in. A lot of cryptocurrency wallet sites sprouted to accommodate the growing interest of cryptocurrency.
- Coin.ph is a Southeast Asian digital wallet and digital currency exchange based in the Philippines and Thailand. It could be used as a digital wallet and a cryptocurrency exchange. Trading and exchanging bitcoins/altcoins are much easier as they not only do they have a website, they also have a mobile which adds to the convenience.
- Bitbit.cash is another Philippine-based digital wallet that allows people to be at ease. It has a mobile app that allows the users to take it everywhere they go.
- The Philippine Digital Asset Exchange (PDAX) allows people to trade and exchange without the need to go to foreign exchanges. It has the order-matching technology used in most trading sites to match buyers and sellers.
How to get started using Bitcoins at online casino?
The first thing Filipino players must do, is to obtain a digital wallet also referred to as an e-wallet. In order to store, receive, or send bitcoins you must build and register an e-wallet through a specially designed app or website.
Creating a wallet is not difficult but requires a lot of security to ensure that only the player is able to access the e-wallet and its contents. Everyone participating in the transfer of bitcoins must obtain their own e-wallets to exchange and store bitcoins for future purchases or investment purposes.
Once players build their wallets, sending and receiving bitcoin becomes an easy process that allows for cheaper transactions and faster deposits. Bitcoin wallets also allow for the ease of facilitating access to Filipino bitcoin casinos.
Is Bitcoin legal in the Philippines?
It is absolutely legal to use Bitcoins in Philippines. The Bangko Sentral ag Pilipinas’ released Circular No. 944 which allowed for the BSP to direct formal regulations on virtual currency and their exchanges. This circular is the BSP’s attempt to level the regulatory playing field for cryptocurrencies.
However, the BSP has made various public statements that they do not endorse cryptocurrencies such as Bitcoin due to their lack of central bank or government backing. Nonetheless, due to the BSP requiring that BTC exchange services must be registered allows for direct oversight and tight reigns, yet without these guidelines bitcoin could not be legally used and exchanged in the Philippines or for online gambling at Philippines online casinos accepting bitcoin deposits.
There are no laws within the Philippines that restrict or directly mention bitcoin powered online casinos. Philippine laws have no jurisdiction nor prohibitions against its residents participating at offshore online gambling casinos For that reason, if legality is a large concern for you, gambling on a Philippine bitcoin casino remains completely legal and worry-free so long as the online casino is licensed by a legitimate jurisdiction found outside of the Philippines.
How to use Bitcoin at online casinos?
You need to first find a bitcoin casino that accepts Philippine players. Casinos like Rich casino and others hosts to serve Filipino players, and contain bitcoin cashier capabilities in order to receive BTC deposits from players.
To play you obviously need Bitcoins and the easiest way to get them is through a bitcoin exchange.
So how that works is:
- Create a wallet at the bitcoin exchange: All you need is a verifiable email address to get started.
- Once you’ve selected and signed up for an exchange, you can begin buying or transferring money to your exchange bank account.
- Once money is deposited, you can choose to ‘Buy’ or ‘Trade’ the bitcoins,. The pricing will always vary depending on supply and demand.
- Once the bitcoins are purchased, you can transfer your bitcoins from the bitcoin exchange to your wallets.
There are different methods through which you can purchase bitcoin. Also, there are many currencies you can use to buy bitcoin from different exchanges. After buying bitcoins you will be allowed to use them anywhere you want and enjoy anonymity and safety. Another thing is that you can exchange your bitcoin into fiat currency through any of your selected bitcoin exchanges online.
You can buy it from traders for a marked-up price. Also there are BTC ATMS where you can have Bitcoins easily whenever you want.
The process for initiating online casino deposits with bitcoin is rather easy, users simply enter the amount they would like to deposit at the online casino and then follow the instructions and prompts for sending the coin with their e-wallet.
After sending the bitcoins from said user’s e-wallet to their personal casino account, players receive the funds into their account within minutes, if not seconds. Due to lower transaction and processing fees, BTC payment methods tend to offer a wider range of deposit and withdrawal sizes. With cryptocurrency deposits, players do not need to wait weeks to receive their payout, endure credit card decline issues, or experience a waiting period before playing games.
How to choose best Bitcoin casino?
Before signing up at Bitcoin casinos you should check the following:
- Bitcoin casinos should be licensed and regulated by authentic gambling commission.
- The casino should have a provably fair system, and/or uses games from reputable traditional casinos. A provably fair system uses cryptographic techniques to determine the authenticity of a roll and ensure that neither the game, nor the player knows the outcome of a roll prior to the bet.
- Bitcoin casinos should offer great promotional offers and BTC bonuses.
- The game play and interface should be user-friendly and can be played with various devices like mobile and tablet.
Playing at Bitcoin casinos gives much joy as you can make can deposit and withdraw anonymously without the need for any third parties or middle men. Also you can play with high or low credit according to your budget in a fast deposit and withdrawal environment. Moreover, when making cashouts, there is no need for any ID proof and with loads of BTC bonuses at Bitcoin casinos greater chance to make some wins when playing slots games. With 24.7 help support Bitcoin casinos are now much on demand.