The casino scene in India has come a long way. What started with a few pockets hosting brick-and-mortar casinos progressed to online platforms allowing players to enjoy gambling with real money from anywhere and anytime.
Today, you can play at international gambling sites that welcome Indian players with digital currencies. While crypto is the latest trend in the money market, cryptocurrency online casino has become the industry buzz. And player’s response to this industry call has been equally overwhelming.
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Pros of Crypto Casinos
Compared to the regular online gambling sites offering banking options such as credit/debit cards or e-wallets, crypto casinos have an edge. These are on account of the following reasons:
#1. Anonymous Transactions
Bitcoin casino online allows players to conduct their transactions anonymously. It also allows players to gamble from places where traditional banking methods are prohibited. So, you get to play without having to submit your bank account details and other identity information.
#2. Swift Transactions
Some conventional banking methods can take up to a few days to complete the transaction. You can deposit and withdraw money at a cryptocurrency casino within an hour and sometimes instantly.
#3. Secure and Licensed
With blockchain, you can be assured that your deposits and withdrawals will be secure, thanks to smart contracts that execute behind the scenes. Also, the risk of fraud and scams is almost nullified. Most Bitcoin casino sites run with 128-bit SSL encryptions and RNG technology that make customer data safe and promote their reliability.
Also, the top sites have licenses from renowned authorities such as Curacao Gaming, Gambling Commission, Malta Gaming Authority etc.
#4. No Overhead Expenses
Unlike many e-wallet methods or cards that may add a fee for every transaction, you make at the casino. They don’t charge you a fee due to the decentralised nature of blockchain transactions. However, you need to check the specific terms and conditions of the casino site as they may impose a fee on your transactions.
#5. The lobby of Casino Games
With a legal crypto casino online, more and more gambling sites offer a collection of exclusive games, including online casino games, live dealer games, and sports betting on their niche. You can find crypto casinos powered by top-notch software developers such as Microgaming, NetEnt, Playtech, etc. Moreover, with mobile gaming, players can play Bitcoin casino games while on the go.
#6. A Galore of Bonuses and Promos
Playing at the best BTC casino in India can also get you a score of bonuses. Such gambling platforms offer welcome bonuses, match-up deposit bonuses, free spins, reload bonuses and other exclusive offers that are often valued higher than promos at regular sites.
Cons of Crypto Casinos
While there are a host of positives to focus on, here are a few disadvantages that these gambling platforms may bring.
#1. Volatility
Bitcoin casinos are highly volatile as these digital currencies are prone to fluctuations caused by varying demands and supply. One day you might see it skyrocket, and the other day, the rates could suddenly plummet. With limited crypto in circulation, the value is likely to face the brunt of abrupt drops.
#2. Limited Options
Although Indian casinos are catching up with global gambling markets, not all online casinos accept cryptocurrency. Most sites continue facilitating conventional methods such as card transactions, e-wallets and wire transfers. However, with the rising demand, there are chances that crypto will become a standard payment option, and there will be numerous Bitcoin online casinos coming up.
How to Play at a Crypto Casino Site?
If you are already acquainted with the casino market, you would be familiar with payments and withdrawals via standard banking methods online. Depositing and withdrawing at the best Bitcoin casinos look a little different. If you are keen on exploring how to deposit and claim your crypto casino bonuses, here are a few steps to consider.
#1. Choose a Cryptocurrency
Depending on which currency you choose to play with, you can use Bitcoin, Litecoin or other cryptocurrencies for gambling. It will require you to load some money and get your desired digital currency. You can only make transactions via a crypto wallet, and every transaction is subject to gas or transaction fees.
#2. Deposit at an Online Crypto Gaming Site
Once you’ve set up an account and added the cryptocurrency, you can make your deposits. Head to your preferred online casino that accepts the chosen crypto and register to proceed with the deposit.
#3. Withdraw Your Winnings
All you need is to request a withdrawal from the site you’ve been playing to withdraw your funds. The team will verify all the details and transfer your crypto back to your hosted wallet. You can always convert the received winnings into local currency or crypto cash and transfer them to your bank account or even use them to make purchases on other crypto accepting websites.
Best Crypto Casinos for Indian Players
There’s been a surge in the crypto online gaming sites in India, but it is essential to be careful when choosing the appropriate casino.
Featured on India’s top five online crypto casino sites, Winz.io is worth trying. This relatively new casino is emerging as a player’s dream gambling destination with its impressive games catalogue. Launched in 2021, the casino has achieved significant growth over a brief period.
Winz.io is operated by Dama N.V and regulated by the Curacao gambling authority. The user-friendly interface allows ease of navigation, making it convenient for players to simply log in to their casino account, access their favourite game and begin playing with crypto.
Payments and Deposits
You can place your bets with cryptocurrency options such as:
· Bitcoin (BTC)
· Bitcoin Cash (BCH)
· Ethereum (ETH)
· Litecoin (LTC)
· Dogecoin (DOGE)
· Tether (USDT)
· Ripple (XRP)
· Cardano (ADA)
· Tron (TRX)
· Binance Coin (BNB)
Alternatively, you can also play with EUR, USD, AUD, JPY, INR, SEK, NOK, PLN and RUB. The minimum and maximum deposit and cashouts limits vary according to the chosen crypto.
Games Lobby
The games lobby features hundreds of video slots, jackpot games such as Mega Moolah, Bell of Fortune and Gunslinger: Reloaded, to quintessential table games and newer variants such as Sic Bo, European Roulette, Golden Chip Roulette, Blackjack, Casino Stud Poker, Book of Keno, Mini-Baccarat, Craps, Lucky 7, Pontoon Casino Hold’em, and many other games.
You can also check out the live casino powered by stalwart developers such as Evolution Gaming, Vivo Gaming, Pragmatic Play Live, Authentic Gaming, and Ezugi. Poker fans can also unwind over their favourite titles.
Winz.io also has a Sportsbook that allows you to visit your account profile, deposit with crypto and bet on your favourite sport.
Bonuses and Promo Offers
While the casino does not currently have any registration bonus, Indian players can enjoy wager-less free spins in the form of a generous welcome bonus package.
● Welcome Bonus- With this bonus, you can collect up to 300 free spins on the first deposit without completing any mandatory wagering requirements. The minimum deposit amount is 0.0006 BTC. Also, there is no capping on the wins from these free spins.
● Live Table Games- You can participate in the deposit bonus by depositing a minimum of 0.0012 BTC. You can receive back 1% of your bets.
The site hosts a range of gambling tournaments from time to time. Their USP is one of the lowest bonus money wagering requirements in the industry.
Backed by a solid customer team, security features, hassle-free payments and withdrawals, on-the-go gaming, and site availability in multiple languages, including English, Russian, English – Indian, English – Canadian, French – Canadian, and Turkish, makes it a popular choice among players.
- Bitcasino.io
If you seek the best Bitcoin casino in India that can process your winnings within 2 minutes, Bitcasino.io can make a perfect choice. This crypto site will engage you qualitatively with the selection of games, SSL encryption technology to secure player data, fair and audited games and live customer support.
You can consider signing up at Bitcasino.io as it enables players to buy Bitcoins using their credit cards. An exceptional service, this feature is not available at other online casinos as in most cryptocurrency online casino sites; players only get to deposit using pre-owned digital currencies.
Deposits and Withdrawals
Among the best crypto casino, it provides a wide choice of transaction options. Secure and safe, you can fearlessly play at this online gaming site.
Currencies available for payments and cashouts at Bitcasino.io include cryptocurrencies such as:
· Ethereum (ETH)
· Litecoin (LTC)
· Tron (TRX)
· Ripple (XRP)
· Tether (USDT)
· Japanese yen (JPY)
The other banking methods are Neteller, Skrill, Visa, ecoPayz, Jeton, Sticpay, AstroPay, PocoPay and Visa.
Games Catalogue
Bitcasino.io, with 2000 popular casino games from top-notch software providers, ensure that its players enjoy a scrumptious experience. It also provides a plethora of live lottery games and table games. You can sign up for attractive rewards on your crypto bets from Blackjack, Baccarat, and Roulette to other live casino tables. Slots, jackpot games, dice games and Poker lovers will have their hands full exploring their gaming skills.
With crowned software developers such as Pragmatic Play, NetEnt, and Ezugi, you can enjoy practice play on free trial games before betting cryptocurrency.
Bonuses and Promotions
The casino bonuses available at this online casino with Bitcoin include free spins, Jackpot prizes and tournaments. Moreover, you can also win loyalty bonuses, including free cash on slot games and additional free spins.
● Booongo Sands of Wealth: Players get a chance to win from the prize pool of 1,00,000 USDT by playing Booongo games.
● Predict the Price Bonus: Players get a chance to win 200 mBTC by predicting Bitcoin price.
● OneTouch Bonus Track: Players can try the Bonus Track game and win up to 2500x their bet.
Bitcasino.io can customise its interface to any of the following languages: Japanese, Spanish, Portuguese, Chinese, German, Korean, Thai, and French. The speedy crypto transaction, secure gambling environment, tons of games, and simple and effective layout make this site one of the best digital currency sites Indian players can choose to play casino with Bitcoin.
- Bitstarz
The best online crypto casino- Bitstarz, was launched in 2014. With more than 3000 popular casino games, this blockchain verified site welcomes Indian players into an immersive gaming experience. This accredited site is rated as the Best Casino 2021 by Casinomeister; this accredited site allows players to enjoy crypto gambling via a range of compatible devices, including smartphones and tabs.
Owned by Dama N.V, this crypto online gaming site has a valid license from Curacao and offers a cutting edge user-experience.
Library of Games
BitStarz is the ultimate destination for gamers scouting for various casino games. Featuring trending slot games such as Cash’s Fruits 100, Snatch the Gold and top titles like Wild Spin, Aztec Magic and more, Indian players can spin magic on the reels as they bet with Crypto. Jackpot games such as Mega Moolah and Secret of Sherwood are among other opportunities for big wins.
Top live casino games such as Speed Baccarat, Lightning Roulette, Deal or No Deal Live, and Live Blackjack tables are a few of the extensive games featured on the BitStarz site. Powered by industry stalwarts such as Pragmatic Play, BGaming, Platipus and other providers, the site attracts players worldwide.
Deposits and Withdrawals
BitStarz enables to buy their cryptocurrency with a card to make crypto deposits easier. You can use Visa, Google Pay, Apple Pay or Revoult. The site allows players to fund their casino wallets using Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Tether, and Litecoin.
Players can easily top up their crypto wallets by using transaction methods such as Visa, ecoPayz, Skrill, Neosurf, etc.
Bonuses and Promos
Bonuses and promotions are an attraction at most online casinos, and BitStarz makes sure that players get to reel in the benefits of playing with crypto at their casino.
● Welcome Bonus- The minimum deposit for claiming the welcome bonus money is around .006 BTC; players earn a 100% match-up bonus of up to 1 BTC and 180 spins on games such as Fruit Zen, Wolf Gold Slot or Boomanji.
● VIP Bonus: A VIP Bonus awaits high-roller customers of Bitstarz. With an initial deposit of 0.15 BTC, you will be awarded 100 free spins plus a 125% match bonus of up to 1 BTC of your first deposit.
There are pool bonus offers such as Sunken Treasure that let players win after crossing each game level, slot wars and table wars tournaments by betting crypto on the table and slot games.
The casino with Bitcoin has an English, Chinese, Japanese, Russian, and Portuguese interface.
- Stake
With its license from Curacao, Stake allows players using cryptocurrency from India to enjoy sports betting and online casino, enabling lucrative wins. Its optimised gaming niche ensures players of a seamless experience. This casino platform is ideal for Indian players as it also offers the interface in Hindi, which is India’s second official language after English.
Deposits and Withdrawals
Stake accepts Bitcoin, Bitcoin Cash, Dogecoin, Tron, Ripple, Litecoin, Ethereum. Your cryptocurrency withdrawals may cost you a nominal fee. The casino with Bitcoins allows players to buy crypto using Visa credit cards, Google Pay, Apple Pay and Samsung Pay.
Games Suite
Among popular casino games you can think of, Stake Crypto offers Dice, Limbo, Hilo, Keno, Mines, Plinko, Blackjack, Roulette, Slots, Crash, Wheel, Diamonds, Baccarat, Video poker and Slide, among a multitude of other exciting games. The live casino is tempting with over 53 games that you can bet with crypto. The low house edge of games is encouraging for players. You can run through the extensive Stake special games list while betting on this casino with cryptocurrency.
Bonuses
● Weekend Giveaway- Players can get a chance to win from the pool of $50,000 giveaway with a minimum ticket of $1000 valid until September 2022.
● $100k Race- Players need to grab a place in the top 5,000 and win huge prizes.
The casino is also available in German, English, Spanish, French, Indonesian, Japanese, Portuguese, Polish, Turkish, Vietnamese, Finnish, Russian, South Korean, and Chinese languages other than Hindi.
- Bitcoincasino.io
An online casino site owned by Direx N.V, Bitcoincasino.io was launched in 2019 and attracted players worldwide. It is a trusted certificate from Curacao. With multiple developers powering the platform, this crypto casino offers a large selection of casino games and an array of cryptocurrencies for payments.
Deposits and Withdrawals
Besides the fiat currency payment and withdrawal options, Bitcoincasino.io accepts several other digital currencies, including Bitcoin, Tether, Ether, Litecoin, Dogecoin, and USDT. There are minimum deposit and maximum deposit limits, which may vary depending on the chosen crypto.
Gallery of Games
Bitcoincasino.io has more than 5000 games in its extensive gaming lobby. The seamless platform, excellent graphics, and stunning game features ensure full-fledged online casino fun. There’s much to explore at the crypto site, from slot games and table games to live dealer games. Whether Blackjack, Baccarat, Wheel of Fortune, Dream Catcher or jackpot slots, games from eminent providers such as Microgaming, Relax Gaming, Igrosoft, Endorphina and others offer players a state-of-the-art internet gaming experience.
Bonuses
● Welcome Bonus- You can expect a 100% match bonus on your first deposit of up to 0.1 BTC. The maximum amount is capped at INR 4,000, equivalent to 0.1 BTC, and the second and third deposits are likely to bring a 50% match up bonus with the same maximum limits. The minimum deposit required is .0001 BTC.
● Reload Free Spins Weekend attraction- Players can win up to 20, 50, and 100 free spins with a minimum deposit of .001 BTC, .0015 BTC, and .003 BTC on weekends.
The BTC online casino interface is designed with a contemporary, user-friendly theme and safe gaming environment making it the choicest option for players seeking engaging online gambling sessions. With its mobile compatible niche, you can play with crypto and win rewards even on the go.
The available language options are English, Chinese, South Korean, Japanese, French, German, Russian, Spanish, Portuguese, Turkish, and Thai.
Discourse and Restrictions on gambling in India
Laws on Game of Skill vs Game of Chance
Indian states regulate gaming based on a distinction in law between the games of skills and that of chance. Staking money on a game of chance by itself is prohibited and subject to legal proceedings. However, betting on the outcome of a game of skill is not considered illegal. Also, the Supreme Court recognised that almost every game has an element of chance.
The gaming laws in India had their place long before online gaming came into practice. Other than Telangana, Sikkim and Nagaland, other states and Union territories that recognise online gaming face a lacuna in the prevalent gambling law. The interpretations and applicability to online gaming still leave a few questions unanswered.
The Current Stand for Crypto and Crypto Gambling
In India, the law currently rules that each crypto game must first qualify as a game of skill against a chance to gain legal status so that it can be made available in most Indian states. On the other hand, the Supreme Court also rejected to acknowledge video games as games of skill under the argument that the outcomes of such games could be manipulated with the machines used to play them.
In late 2021, the Finance Ministry of the Government of India announced that it would seek to prohibit all private cryptocurrencies. In case the legislature eventually bans online gambling with crypto, it will be considered illegal in India. Also, the Minister of Finance, in her budget speech 2022-23, announced that the income from the transfer of any virtual digital asset would be subject to income tax at a rate of 30%. So even if you happen to receive crypto as a gift, you will be taxed at the same rate.
Conclusion
According to the global Crypto Adoption Index, the base user data showed a grand increase with a trading volume of over $21.8 billion. All players look for is a trustworthy hideout that is licensed, safe and regulated. Virtual currency works differently than fiat currency and is better in a few respects. So, while you can play at a regular site with Indian Rupees, you can enjoy the same comfort and security at most crypto casinos online and play seamlessly.
