Bitcoin gambling platforms based in Australia have become much more popular in recent times. This is largely due to the fact that regulations have made it much more difficult for Australians to participate in online gambling, whether it be placing sports bets, playing various casino games, or participating in poker tournaments.
Australians are beginning to appreciate the benefits of web-based gambling with Bitcoin. We will explain these benefits to you in a moment. First, however, we would like to suggest some excellent Australian bitcoin gambling sites as a sort of introduction to why using this cryptocurrency for online gambling makes so much sense.
Although the sites listed above are the best on the web, we don't expect you to put aside your critical thinking skills and just take our word for it. We've hand-picked these sites out of the hundreds of Australian bitcoin betting sites for reasons we've outlined in excruciating detail below. Of course, if you have reservations and think we've gone a bit off the rails, feel free to respect our choices and skip these sites in favor of some other Australian bitcoin betting sites.
Why These Bitcoin Gambling Sites?
Choosing an online bitcoin casino is a bit like choosing an offline venue. You need to know that the place is safe before you can enjoy it. That means trusting that the games are on the level, the transactions are secure, and the whole operation isn't a scam. How do we find sites that we can trust? We vet them thoroughly and then some.
Fortunately, our group has extensive experience in evaluating online gaming sites, and we know how to spot and avoid these rogue sites. To ensure that none of them slip through the net, we have established the following parameters as "essential" criteria for our site evaluations. Every site we suggest above has the following in common. Please use these guidelines to play safely.
They Are Trustworthy
We also make sure that there are no unpleasant surprises hidden in the legalese of the terms and conditions. We know where to look to uncover these predatory terms and conditions (if they exist), and we can quickly identify them. If we find anything that smacks of unfairness, we do not recommend those Australian bitcoin gambling sites.
They Offer World-Class Services
The reality is that the internet is full of "mediocre" gambling platforms. Why would you choose a mediocre site when with just a little effort you can find and enjoy the best Australian bitcoin gambling sites?
Believe us when we say that the gap between the 'average' sites and the 'best' sites is substantial!
The games are played, the bets are placed, and the poker rooms are evaluated against hundreds of other sites that have been pre-screened. Only the best make the final cut.
They Pay Quickly and Fairly
We look for casinos that pay on the same day you request your winnings, and don't make you jump through endless hoops before you can withdraw.
There's no reason you shouldn't be able to get your money the same day you request it, whether the gambling site is in Australia, London or Timbuktu. Bitcoin is a lightning-fast global payment system. That's why betting with it is just as good as cashing out with it.
Types of Aussie Bitcoin Gambling Sites
Gambling sites can be described in very general terms. But when it comes to choosing a bitcoin gambling site from the many available in Australia, it's best to know what you're looking for. This is a description of the broad Bitcoin gambling scene in Australia, with just a few site types highlighted.
Australian Bitcoin Casinos - These sites offer video slots, table and card games such as blackjack and roulette, and possibly live dealer games. Some offer free spins and cryptocurrency deposit prizes to get you started.
Bitcoin Sportsbooks in Australia - These allow you to place bets on AFL, cricket, rugby, football and all the other sports you love. Most also let you place in-play or live bets and offer free bets to get you started.
Australian Bitcoin Poker Sites - These sites allow you to play Texas Hold'em tournaments against players from all over the world. No matter where you are in Australia - be it Sydney, Melbourne, Brisbane, Perth or elsewhere - you can get in on the action. Many of these sites give you access to bitcoin poker tournaments that don't cost a penny to enter.
Undoubtedly, there are platforms that offer a mix of these services or all three. We recommend that you take a moment to read our expert reviews (found in the table above) to determine which specific services each platform provides.
The Benefits of Gambling with Bitcoin
Over the past few years, the world has gone bitcoin crazy, and there seems to be no stopping it. Although the price has been on a roller coaster ride, the world's most popular cryptocurrency has indeed become known around the world. And a byproduct of that is Australian websites that allow you to gamble with bitcoin.
Every industry on the planet is being disrupted by bitcoin, and if history is any guide, its appearance in large numbers in the gambling industry means that it is coming to the rest of the industries very soon.
But why are so many Aussie gamblers so keen on using Bitcoin? For the following reasons.
It’s Private
Many players feel that this invasion of privacy has gone too far. This is compounded by the crackdown on online gambling that many governments, including Australia, have implemented in recent years.
Many criminals have learned this lesson the hard way, but it bears repeating: Bitcoin is not completely anonymous. What it is, however, is a way to enjoy some financial privacy in an age where your every transaction can seemingly be known to everyone and recorded for posterity. If you use bitcoin for gambling, it may not be 100% legal (more on that in a second), but it is probably the closest you can get to making a transaction that is legally questionable without being directly illegal.
It’s Inexpensive
Although some gambling sites only charge a dollar or two, many have incredibly high fees of 2%-3%, and some banks and credit cards that also charge for international transactions, especially for sites based in places like Malta and Costa Rica (more on that below), can hit your credit card hard after a big win.
Over the past few years, bitcoin fees have dropped dramatically, and it's now possible to send thousands of dollars worth of bitcoin and pay almost nothing in fees. The cost of sending the same amount from the casino to your own wallet is (under normal circumstances) a few cents in miner fees.
It's not completely free, but it's certainly a significant improvement over the fees charged by banks, web wallets like PayPal, and credit card companies.
It’s Fast
Even at the top betting sites that pay within an hour of your request, it can take 3-5 business days to actually receive your winnings. And why is that? Because of the time it takes for banks to process wire transfers.
Cryptocurrencies like bitcoin blow these old payment systems out of the water when it comes to speed. No matter how many transactions go through the bitcoin blockchain, it won't take more than a few hours to get your money back from a bitcoin ATM.
Once you receive your money, you can use it to make purchases at bitcoin-friendly stores or exchange it for dollars and enjoy those dollars in the "real world".
It’s Secure
However, as with most things the newspapers report, the heists are only half the story. The truth is, the network that bitcoin operates on (the blockchain) never really gets hacked; it's the exchanges where people keep their money. If you don't know, exchanges are like cryptocurrency banks and can be accessed by hackers from time to time.
The reality is that if you keep your Bitcoins in a private wallet (a downloadable application) and ensure that your password remains confidential, it is nearly impossible to make off with Bitcoins. It is one of the most secure payment systems ever devised, and as Bitcoin's user base grows, so does the number of people who realize this.
The primary concern that unsettles online gamblers is having to provide their credit or debit card information to gaming sites. With Australian bitcoin gambling sites, this concern is eliminated because you never have to reveal any financial information at any point. All a would-be hacker can see is your Bitcoin wallet address, and they can't access your funds without knowing your private key.
Wins Can Multiply
The legendary price movements of bitcoin have made some people fabulously wealthy simply by buying a few bitcoins and holding them for a few years. Imagine instead that you have a few bitcoins that you won and now hold, and only after a few years have you realized that their price has increased by several hundred percentage points.
We're not saying this will happen with 100% certainty, but it is a possibility. As a player, what more do you want than the chance to win far more than the amount of money you risked?
Today's 10 BTC jackpot could be worth a lot more in a few years. Or it could be worth much less. That is the risk!
How to Pick the Right BTC Gambling Site
Now you understand how we choose Australian bitcoin gambling sites, and you know why using bitcoin for gambling is a great choice. Now it's time to learn how to choose the best site for you. Remember, what's best for you may not be best for me. We're all unique individuals.
Think about the following either before or when reading our reviews.
What Do You Want from an Aussie Bitcoin Gambling Site?
Are you primarily looking for bitcoin pokie machines? How about betting on AFL games or UFC fights? Would you rather stay up until the wee hours of the morning playing Texas Hold'em against other poker enthusiasts?
Understand exactly what you expect to gain and what you are willing to give up in order to gain it. Not every Australian bitcoin gambling site has it all, but some have a lot that is appealing. If you can't find everything you want on one site, you may need to look around. You might find a site with ridiculously fast payout speeds that, for whatever reason, doesn't have a "sportsbook" (in layman's terms, a site that accepts bets on S.A. sporting events). Shop around and find what works best for you.
Decide what’s most important and what you can live without.
What Are the Site’s Strengths and Weaknesses?
In all our years of reviewing Australian bitcoin gambling sites, we have never come across one that is perfect. There is always a trade-off, and some sites are really strong in one area and weaker in others. Of course, there are also good "all-rounders" that offer a solid standard across the board. Below are our thoughts on the best and worst of the bitcoin gambling sites currently available to Australian players.
As you read through the reviews, focus on the Pros and Cons section for a concise summary of what we see as the site's strengths and weaknesses. This is our perspective on the strengths and weaknesses, but you may look at the site and find other things that are either strong or weak based on your own criteria.
Sign Up and Try the Site for Yourself
You can read all the reviews you want, but in the end, nothing beats experience! That's an old saying, and it's true. The only way to really know if the Australian bitcoin gambling sites you might want to use are worth it is to visit them, register, and try them out.
This is where free spins, free bets and free tournaments come into play. Take advantage of these opportunities to try out the bitcoin betting sites in Australia without any risk. It's the most foolproof way to find out if these sites suit your style or not.
Don't be shy - register with multiple sites if you want. No one has ever said that you can only have one account at one site. It's an open market; you can register at as many places as you like!