Bitcoin is simply a digital currency with a decentralized system of operation. This currency is not connected to any country or institution like other currencies is, such as GBP, EUR, or USD.
Best Bitcoin Casinos in New Zealand 2022
It is not a gainsaying that society has evolved with a lot of advancement. Talking about advancement, what comes to mind specifically is technology. Hence, today, what is more, pronounced is the development society has and is still experiencing with the advent of technology. Technological advancement is what we see in digital currencies, or otherwise called cryptocurrencies, and the likes of Bitcoin and Bitcoin casino is a representation. Bitcoin casino is among the fast-rising trends in the gambling industry today. The crypto casinos are still relatively new and scarce. Hence, the challenges gamblers face when it comes to locating or finding a reputable and legitimate bitcoin casino or casino that accepts Bitcoin or other cryptocurrencies. However, no need to worry, this article will help give light as well as guide you on how to find the best Bitcoin casinos in New Zealand.
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According to historical facts, bitcoin was released together with its underlying blockchain technology in 2008 by a computer programmer known as Satoshi Nakamoto. And according to this programmer, Bitcoin refers to an electronic cash system that is fully peer-to-peer. In general, every cryptocurrency, including Bitcoin were programmed by a technology called the blockchain. What is blockchain? It is a shared electronic ledger that creates a decentralized and transparent environment for digital transactions. Thus, what bitcoin is can be simply be seen as a digital currency which can be used for value transactions between people, however, without the bank or any other third parties? Bitcoin is also the most famous among the available cryptocurrencies around. More so, this digital currency has a versatile function, it can be used to purchase food, or book hotels, as well as gamble.
What are Bitcoin casinos? These are casinos that accept payments in Bitcoin. The way the transaction works is via blockchain technology which allows for a transparent decentralized database. This is just to ensure that the system is secured from hackers or infiltration and to also ensure that your transactions are secured. What can you find in a Bitcoin casino? Just like other online casinos and other crypto casinos, Bitcoin casinos also have all the casino games such as pokies, sports betting, table games, and even live casino games.
How to get started?
Getting started with bitcoin gambling is easy and simple. The following are the steps you need to follow to get started with bitcoin gambling.
- The first thing is to set up a BTC wallet as well as acquire or buy some Bitcoins
- The next thing to do is to sign up at a Bitcoin casino or a casino that accepts Bitcoin
- Then deposit your cryptocurrency
- You can start gambling
Having pointed that out, there are some other facts you should not miss out on as touching getting started with bitcoin gambling. One of those things to look out for in selecting a safe and secure BTC wallet. This is because your wallet is in fact, your bank. Thus, having an insecure or fraudulent wallet might result in you losing your crypto. Bitcoin wallet and e-wallets are in similitude in the way they operate, the difference is that Bitcoin wallet only holds cryptocurrencies. The likes of online wallets, offline wallets, and hardware wallets are the three types of wallets. Online wallets are the very easiest to use, and the best recommendation for beginners. However, in terms of security, the hardware wallets are the most secure but not easy to use.
How to acquire Bitcoins?
You might also be curious as to how to acquire Bitcoins. It is quite simple to acquire Bitcoins. Most bitcoins buyers get theirs on exchanges that function in the manner of foreign currency exchange. However, if you must go this route, you should read some reviews before you choose an exchange. Or you can alternatively go through friends who gamble with crypto, you might receive help from them which can even cause a boost on your bankroll. Also, some gambling sites create a window for you to exchange fiat currency for Bitcoin on their site.
Why Bitcoin casinos is beneficial?
This is one of the most important things about Bitcoin casinos. These casinos provide anonymity when making transactions with the currency. This is why using BTC remains a top reason for confidence for most online casino players. It exhumes the fact that users do not necessarily need to share any personal details.
Decentralization is the most significant aspect of Bitcoin. This is what the blockchain means. It signifies that the system is not controlled by a single entity or institution. In addition to that, the key thing about this feature is that it ensures anonymity and transparency of transactions. To be clear on this, check the below-highlighted points on the benefit of decentralization.
- There is no external interference or control over the blockchain
- It doesn’t require entering card or address details during sign up
- Very low or no transaction fees
- The system is fair
- Provably Fair
This is one of the special features of Bitcoin casinos. This feature is common to all casinos that are in support of blockchain technology. This feature means that Bitcoin casinos operate 100% fairly through scientific authentication. And as such cannot compromise the fairness of the game. Further to that, one cogent thing is that bets outcomes can as well be verified by players if it is accurate or fair. However, it is important to note that this feature of being provably fair may not be seen in some Bitcoin casinos. That is, not all Bitcoin casinos are provably fair. Thus, to be sure, you can do a check on their website. There is a label that explains this feature, usually seen on the “About us” page.
- Flexibility and Versatility
Of course, since the idea of Bitcoin itself is to make transactions digital and easy. Thus, it suffices to say that Bitcoin has opened access to online activities, especially to those users who were before not interested in online casinos or online banking options. More so, it has become very easy to add Bitcoin to casinos’ payment options, and this is due to its flexibility. The like of PayPal casinos goes through difficulties to get approval. Instead, Bitcoin has rapidly gained popularity even as the popularity of digital currencies continues to grow. The fact is Bitcoin transcends borders, that is, it is an international currency that can be transferred among users anywhere in the world. It also makes credit cards and bank accounts less a priority or even unnecessary.
- No Taxes
In New Zealand, online gambling is not an illegitimate activity, hence, there are no taxes applied for them. The same rule applies to Bitcoin casinos in NZ too. So in case you were having the thought of whether you will pay taxes if you have played with Bitcoin, the answer is NO.
Since the usage of Bitcoin eradicates the case of middlemen, withdrawal can be quickly and easily done, safely into your BTC wallet. There are unique protection patterns that it offers which is quite missing in other banking options. This unique pattern is such that any transaction made in Bitcoin casinos will use a unique encrypted digital address. It means that all transactions are done are coded and your data, including your financial information, can never be revealed as transactions are processed.
Now, note that the fact that you use Bitcoin does not entirely mean you are anonymous. Sometimes exchanges and wallet providers go through a security protocol that would warrant you to prove your identity. In addition to that, these kinds of measures are also taken by some Bitcoin casinos in exceptional circumstances. You may be asked to provide KYC documents. Nevertheless, the design of Bitcoin is fixed on making users pseudonymous. Hence, the digital currency network operates with a private and a public key. They both work together as a sophisticated two-way authentication system.
How to make Deposit Using Bitcoin?
You shouldn’t be taken aback if you are told that it is very easy to use your Bitcoins to play at top Bitcoin casinos. Let us take you through the process of depositing your funds to start playing at Bitcoin casinos.
Follow these steps carefully.
- The first thing first before you start Bitcoin online casino gambling is to create a wallet. This wallet will enable you to store coins, your Bitcoins.
- The next thing to do is to buy Bitcoin and transfer it to your wallet. You have to ensure that the platform you go through is a trusted platform. Thus, you can get it directly from certain Bitcoin wallets or you go through a friend or exchanges. The likes of Skrill or EasyCrypto are recommended platforms that you can use.
- Log in or sign up at an online Bitcoin casino or casino that accepts Bitcoin as payment. We have a list of recommended Bitcoin casinos that you can choose from.
- Locate the banking section or the banking section of your selected Bitcoin casino. When you locate it, select “Bitcoin” as your preferred option.
- After choosing the cryptocurrency as your preferred option, the operator will give you a unique address. The address comprises lots of letters and numbers. These addresses will be used to transfer your coins.
Finally, make a transfer of the coins by entering your unique address and confirming your transaction. Your account will be funded instantly. And there you go! You can start gambling.
How to make a withdrawal using Bitcoin?
Making a withdrawal appears to be more simple than making a deposit. Cashing out takes only two straightforward steps, and the process is also fast and easy. These two steps required are as follows.
- Locate the withdrawal section and select “Bitcoin” as an option. That is, you will visit the banking option or cashier option of your casino. Go to withdrawal, and there you will see several options, including Bitcoin. Select Bitcoin for payout.
- The next thing to do is to enter the unique wallet address, and then also enter the number of coins you want to withdraw. After confirming the transaction, the casino will kick start the process and get it done within seconds. However, note that your inputted amount must be within the casino’s banking limits.
Of course, it is a good question if you are asking if there are any Bitcoin fees charged at Bitcoin casinos. But the answer is that majority of top Bitcoin casinos do not charge any Bitcoin fee either for deposit or withdrawal. However, the charges you may encounter will be when you are trying to purchase or sell your Bitcoin. The reason is not far-fetched. It is because Bitcoin requires computers to mine, as well as confirm transactions. There is a lot of work that goes into all these processes and as such the network offers a form of compensation to those who make all these possible (that is, for their work).
Choosing the right Bitcoin Casino
Often time making the right choice is a challenge, especially with online casino gambling. As there are a plethora of casinos that accept Bitcoin as payment, the same way there exists some black sheep among them. What this is trying to tell you is that there are some important criteria to look out for when choosing the right Bitcoin casino. Although, we have some listed confirmed and trusted Bitcoin casinos for you in the next section. And the criteria used are the same we are about to show you. Hence, for the sake of having you considering personal research, it is key that you follow these criteria strictly.
This means that you need to make sure that the selected casino has a license from a reputable authority or authorities. This is no doubt, one of the most important criteria or step to take when choosing. This is important because a well-licensed casino will follow the regulations that guide its operation, which in turn guarantees your protection. Bitcoin casinos are usually seen to be licensed from the UK, Gibraltar, Malta, or Sweden. And these are respected and safe licensors.
- Fairness Certification
The right online casinos in New Zealand and elsewhere go further to get a fairness certification by an independent body. These independent testing boards include the likes of GLI, eCOGRA, and iTech Labs. These further helps to confirm the legality and fairness in the operation of the casino. More so, if the Bitcoin casino selected has the Provably Fair software, that is also an example of fairness certification.
- Available game providers
A good casino will be seen to be in partnership with trustworthy and reputable game providers. Top game providers have a random number generator (RNG). This RNG is fair and completely random and cannot be changed by online casinos, as well as the RTP of the game. Thus, there cannot be a change of it elsewhere it is the same everywhere. The likes of Evolution Gaming, Playtech, NetEnt, Novomatic, Pragmatic Play, Wazdan, and Red Tiger are some of the best game providers that you can find there.
- Payment Options
If indeed you want to play at a Bitcoin casino, you will do well to ensure that the casino truly accepts BTC as a payment option.
- The bonus terms and conditions
This aspect is also important if you want to enjoy your game and also win. The fact is casino bonuses are attractive offers that entice you to join as well as keep you playing at the casino. However, you shouldn’t take every bonus that comes your way without doing a check on its wagering requirements and other terms and conditions. What could be advisable is to opt for bonuses with a moderate or less promising offer but has better terms and conditions. It is better than going for a larger offer with lots of conditions. Nevertheless, it is a matter of personal preference, please treat it as such.
Having pointed out these criteria, and also based on these criteria the following are the leading Bitcoin casinos in New Zealand. Again, these casinos were carefully selected in light of those aforementioned criteria.
Types of Bitcoin Casino Bonuses
You may want to ask this question. Am I eligible to receive Bitcoin casino bonuses? The answer is yes. Bitcoin online casinos have a reputation of being generous when it comes to customer satisfaction. That is, they offer varieties of bonuses and promotions to their players, either new or existing ones. There are welcome bonuses, no deposit bonuses, and even free spins bonuses at Bitcoin Casinos in New Zealand.
Welcome Bonus: This is the most common type of bonus with Bitcoin casinos. These types of bonuses are given to new members immediately after they register or immediately after their first deposit. The welcome bonus offers are usually the best ones and they often time come with free bonus spins. The only clause may be that their terms can be unfair, and they may not be used on some games.
Free Spins Bonuses: There are Bitcoin casinos free spins. These bonus spins can also be used on some specific games only. Also, these types of bonuses usually come with high wagering requirements, and they make you stand the chance to win real cash.
No Deposit Bonuses: You can also be sure to find many of these kinds of bonuses in top Bitcoin casinos. This is because these top Bitcoin casinos like to spoil their customers with free treats. Bitcoin casinos with no deposit bonus o0ffer have gained popularity in New Zealand. Hence, the reason why they try to keep up with such commitment.
Casino Games in Bitcoin Casinos
If you want to play at Bitcoin casinos, you should rest assured that you will have access to lots of casino games as well. Bitcoin casinos have rich game selections and varieties. However, the best among the available casino games are usually pokies, roulette, and blackjack.
- Pokies: Top game developers and providers such as Aristocrat and NetEnt supply iGaming brands which accept bitcoin and other cryptos as payments. Hence, you as a customer can enjoy all types of pokies. The likes of 3D pokies, video pokies, and progressive pokies are some of the options available. All the games in this category are of great quality. In a nutshell, Bitcoin online pokies are satisfying.
- Roulette: Just like in any other online casino, there is also a rich offer of roulette games at Bitcoin casinos. Bitcoin casinos offer players access to table games with low and high limits. The likes of European Roulette, French Roulette, and American Roulette are the special type of online roulette that is offered at Bitcoin casinos. You can also find some unique picks such as Auto or Mini Roulette at some casinos. In any case, the Bitcoin online roulette is also satisfying.
- Blackjack: This game is popular among Kiwis. Bitcoin casinos offer some of these games in their Blackjack game menu; classic blackjack, surrender Spanish 21 and blackjack double exposure. Also, these games have reasonable table limits and great graphics.
In addition to all these, an amazing feature of Bitcoin casinos is the live dealer games. You can connect to a real casino and get to play with a real dealer through live streaming services. This live dealer game allows you to also interact with dealers such that it creates a blend of online and offline gambling.
Are Bitcoin casinos safe and secure?
Undoubtedly, if you must gamble, it should only be done at casinos that are legal or licensed to operate, and on top of that, a reputable one. This implies that the same attitude you have towards scrutinizing an online casino should also be used for Bitcoin casinos. Of a truth, using Bitcoin is one of the secured ways of an online gamble. And this is because the system allows you to make transactions anonymously via blockchain. However, you will need to play online casinos with Bitcoin on sites that have been licensed and regulated. Further to that, most reputable Bitcoin casinos use a software called “Provably Fair”. This software ensures that there is no case of cheating at Bitcoin games, either by the players or the casino. Examples of Provably fair games that can be played via blockchain include Crash, pokies, Bitcoin dice, bingo, baccarat, bitcoin roulette, lotteries, treasure hunter, diamonds poker, video poker, coin flip, and Bitcoin live casino. Additionally, your wallet is also a means of security. It impacts the security of personal funds in Bitcoin casinos.
Regulation of Bitcoin Casinos in New Zealand
The fact is that Bitcoin is not tied to any country. However, Bitcoin casino sites are expected to cooperate with the relevant laws of the country in which they operate. And as such, they get regulated under the country’s recognized commission or body. In the case of UK casinos, they are expected to be licensed by the UK Gambling Commission. That said, Bitcoin casinos in New Zealand have straightforward regulations. And this is because the crypto market in this country is more developed. There is an introduction of cryptocurrency into the everyday life of people. And that can also be seen in the fact that the New Zealand authorities have allowed the payment of salaries to be done in cryptocurrency as well. In all, the use of Bitcoin as a currency and also for gambling is completely legal in New Zealand.
The tomorrow of Bitcoin Gambling
Playing on a Bitcoin casino is safe, and that is because cryptocurrencies are safe payment options just like the traditional method. Unlike the traditional method of having to go to the bank to make transactions that may take days, Bitcoin’s transactions are instantly done. It is just a matter of time before it is the only accepted payment for online casino players. However, the only challenge here is the trust level many has towards this new technology. But that can change with time since more casinos accepting Bitcoin are emerging.
Having thoroughly gone through the intricacies of Bitcoin and Bitcoin casinos in New Zealand. We have examined the concept of Bitcoins and their advantages, we have also looked into Bitcoin casinos, and how to ensure the right types are selected. The bonuses offered in Bitcoin casinos in New Zealand, and some of the best Bitcoin casinos in New Zealand were also revealed, and many more. Therefore, we hope that this review will guide you as you begin your journey into playing at online Bitcoin casinos.
Bitcoin Casinos NZ - Frequently Asked Questions
What exactly is Bitcoin?
What is a Bitcoin Casino?
A Bitcoin casino is an online casino that accepts Bitcoin as payment. The way the transaction works is through blockchain technology. This technology allows for a transparent decentralized database.
Is Bitcoin Casino Legal?
Playing with Bitcoins on online casinos is legal. Although, this digital currency has unfortunately been downplayed due to its use by some criminal elements. Nevertheless, using Bitcoins and gambling with Bitcoin is safe and legal. Also, note that its legality is dependent on the location. While some countries legalize its usage, some do not. Hence, it is important to check with your local authorities for an adequate understanding of the situation.
What is the minimum deposit amount in Bitcoin casinos?
There is no stated universal rule for this. The fact is that this may vary from 0.0001 BTC to 3 BTC depending on the casino. Hence, we advise that you do proper checking at the selected casino beforehand. This will help you to avoid any inconveniences whatsoever.
What is the maximum deposit amount in Bitcoin casinos?
Bitcoin casinos do not often have any restrictions when it comes to the maximum amount for a deposit. Oftentimes, these casinos permit you to send whatever you wish. However, you may check properly at the casino site.