Online decentralized casinos have transformed the traditional casino gambling industry. As increasing applications of blockchain technology are created for iGaming, finding a reliable casino platform is the best way to start.
In this article, we dive into the best decentralized casino sites, looking into each platform’s features, bonuses, and more.
- All
- Telegram Casino
- New Crypto Casinos
Official Partner
AC Milan
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200% Instant Bonus up to 10ETH |
200% Instant Bonus up to 10ETH
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Play Now | ||
BetPanda.io |
100% bonus up to 1 BTC + 10% weekly cashback |
100% bonus up to 1 BTC + 10% weekly cashback
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BetPanda.io | Play Now | |
Official Partner
Juventus
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10% Weekly Cashback Up To $10,000 |
10% Weekly Cashback Up To $10,000
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Play Now | ||
BC.Game |
Four Deposit Bonuses Matched Between 180-360% |
Four Deposit Bonuses Matched Between 180-360%
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BC.Game | Play Now | |
Cryptorino |
100% Bonus + 10% Wager Free Weekly Cashback |
100% Bonus + 10% Wager Free Weekly Cashback
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Cryptorino | Play Now | |
Betplay |
100% up to $1,500 |
100% up to $1,500
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Betplay | Play Now | |
Lucky Block |
200% Welcome Bonus up to $25,000 + 50 Free Spins |
200% Welcome Bonus up to $25,000 + 50 Free Spins
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Lucky Block | Play Now | |
Mega Dice |
200% Bonus up to 1 BTC + 50 Spins |
200% Bonus up to 1 BTC + 50 Spins
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Mega Dice | Play Now | |
Wall St Memes Casino |
200% Deposit Bonus up to $25,000 + 50 Free Spins |
200% Deposit Bonus up to $25,000 + 50 Free Spins
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Wall St Memes Casino | Play Now | |
Wild.io |
400% Bonus up to $10,000 + 300 Free Spins |
400% Bonus up to $10,000 + 300 Free Spins
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Wild.io | Play Now | Terms and Conditions apply 18+ |
Best Crypto Poker Site |
CoinPoker |
150% deposit bonus up to $2,000 |
150% deposit bonus up to $2,000
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CoinPoker | Play Now |
Metaspins |
100% Welcome Bonus Of Up To 1 BTC |
100% Welcome Bonus Of Up To 1 BTC
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Metaspins | Play Now | |
Ybets |
500% Welcome Bonus Up to $5,000 + 20% cashback |
500% Welcome Bonus Up to $5,000 + 20% cashback
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Ybets | Play Now | |
Crypto-Games.io |
200% welcome boost up to 20,000 USDT |
200% welcome boost up to 20,000 USDT
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Crypto-Games.io | Play Now | |
Jackbit |
30% Rakeback + 100 First Deposit Free Spins |
30% Rakeback + 100 First Deposit Free Spins
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Jackbit | Play Now | |
Metawin |
5% Daily Winback To All Players! |
5% Daily Winback To All Players!
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Metawin | Play Now | |
Vave |
Welcome Cashback up to 1 BTC |
Welcome Cashback up to 1 BTC
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Vave | Play Now | |
Casinobit.io |
10% Cashback Available |
10% Cashback Available
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Casinobit.io | Play Now | |
Betswap |
180% up to 20,000 USDT |
180% up to 20,000 USDT
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Betswap | Play Now | |
GameGram |
100% up to $200 wager free |
100% up to $200 wager free
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GameGram | Play Now | |
FuturePlay |
220% up to 2,000USDT + 25% Instant CashBack with Promo Code: CRYPTO |
220% up to 2,000USDT + 25% Instant CashBack with Promo Code: CRYPTO
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Immerion |
500% Welcome Bonus Up to $5,000 + 20% cashback |
500% Welcome Bonus Up to $5,000 + 20% cashback
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Bombastic |
100% up to 5,000 USDT + 100 Free Spins |
100% up to 5,000 USDT + 100 Free Spins
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Bombastic | Play Now | |
BetFury |
590% Bonus Up To $10,500 + 225 Free Spins |
590% Bonus Up To $10,500 + 225 Free Spins
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BetFury | Play Now | |
7Bit Casino |
325% up to €5400 EUR + 250 FS |
325% up to €5400 EUR + 250 FS
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7Bit Casino | Play Now |
Top Decentralized Casinos
Here is a curated selection of the best decentralized online casinos and gambling sites for 2024.
- Lucky Block – We rate Lucky Block to be the overall best decentralized casino and gambling site. The platform offers a diverse gaming selection with more than 5,000 games that players can enjoy anonymously. Aside from that, Lucky Block also provides a crypto sportsbook for those looking to wager on live games. As for promotions, up to 200% welcome deposit bonus plus 50 free spins can be claimed for new players and payouts are processed almost instantly.
- Mega Dice – Another commendable decentralized casino option is Mega Dice, especially for players looking to experience a variety of game options. With an appealing welcome package of up to 1 BTC matched deposit bonus and 50 free spins, new Mega Dice members can easily benefit from joining the site. More recently, Mega Dice launched the world’s first Telegram casino which lets players access the casino platform directly from the Telegram messaging app. Users can start playing anonymously with Bitcoin, Ethereum, USDT, or Dogecoin.
- Instant Casino – Instant Casino is a crypto casino and gambling app. The platform features over 3,000 casino games along with thousands of sports betting options that cater to a wide range of gambling preferences. All players are eligible to receive a 10% weekly cashback with no wagering requirements.
- BC.Game – With almost 8,000 titles for slot games alone, BC.Game attracts users from its vast range of casino titles and sports betting. Newcomers can enjoy a bonus ranging from 180% to 360% across the first four deposits and the platform also includes a daily wagering prize pool. To cater to a global audience, the platform provides 24/7 live chat support in as many as 16 different languages, demonstrating their commitment to customer satisfaction.
- Fairspin – Fairspin impresses with its comprehensive offering of both online casino games and sports betting options, delivered by over 50 popular gaming providers. The platform also has a wide selection of games that include slots, card games, jackpot games, table games, and more. Adding to its appeal, Fairspin has a loyalty program with enticing cashback and staking benefits.
- Cloudbet – Another noteworthy DeFi gambling site, Cloudbet caters to a wide range of gambling enthusiasts with slots, table games, live casino games, and sportsbook. The site’s generous welcome bonus of up to 5 BTC from a 100% matched deposit bonus is a distinguishing feature. Along with free spins every Tuesday on selected games, this platform has many incentives to give for its players.
- Wild.io – Featuring a striking welcome package that offers a total of up to 480% bonus, Wild.io has one of the best decentralized gambling site promos out there. Adding to its appeal, the platform has thousands of casino titles to choose from which come from 25 different providers. Another unique feature of Wild.io is their up to 0.30% daily rake backs that tiered members get to benefit from.
- Jackbit – Jackbit is one of the most mobile-friendly decentralized casinos online. The site keeps the gaming experience exciting with six different types of bonuses that range from free spins to holiday tournaments. Furthermore, Jackbit offers 24/7 live customer support, ensuring that any concerns or issues are promptly addressed whether it be day or night.
Best DeFi Casinos & Gambling Sites Reviewed
Now let’s take a more in-depth look at our picks for top decentralized casino sites.
1. Lucky Block – Overall Best Decentralized Casino with a Huge 200% Bonus
Lucky Block stands among the leading names in the crypto gambling arena and is our pick for the overall best decentralized casino and gambling platform. Emphasizing swift account creation, it invites players to indulge in its myriad offerings just by providing an email address and setting up a username and password.
This eliminates any need for extensive Know Your Customer (KYC) checks such as address, passport or driving license and means a Lucky Block account can be created in less than a minute.
At the heart of Lucky Block’s appeal is its diverse portfolio of games, brought to you by leading software providers such as NetEnt, Evolution, and Microgaming, among others. It boasts an expansive live casino collection, housing popular titles like Wheel of Fortune, Lightning Roulette, Mega Ball, and Crazy Time.
The decentralized sports gambling app side of Lucky Block, which is fully licensed in Curacao, also caters to a broad range of sports enthusiasts. The platform provides betting for the usual traditional sports such as football, basketball, and tennis alongside popular eSports like League of Legends, Counter-Strike, and Dota 2. Odds are offered by leading providers such as BetRadar and Oddin.
Players can also deposit with the platform’s very own digital asset, the Lucky Block token (LBLOCK). Other tokens such as BTC, ETH, and LTC can also be deposited, with DOGE, TRX and XRP taking less than a minute to add to the player’s casino wallet. Lucky Block’s small 1 USDT minimum deposit and withdrawal combined with zero fees makes unboarding frictionless.
When it comes to transactions, Lucky Block shines with its ability to process deposits swiftly and securely, fostering an environment of trust. The enticing welcome offer of a 200% match bonus of up to 10,000 EUR and 50 free spins on leading slots game Wanted Dead or a Wild also adds to the overall allure.
If Lucky Block can give access to players in the US, UK, and Australia without them having to use a VPN, one of the few areas it falls flat, then it will truly be hard to beat. Above all, the platform’s commitment to privacy, anonymity, and a diverse gaming experience continues to add to its overall popularity as a decentralized casino and one of the best bitcoin sports betting platforms.
Pros
- 200% welcome offer of up to 10,000 EUR and 50 free spins on Wanted Dead or a Wild
- 24/7 live chat available
- Play over 5,000 casino games anonymously
- Wager on hundreds of live sporting events
- No KYC verification needed
- No withdrawal limits and near-instant payouts
Cons
- Some players need a VPN
Casino
Welcome Bonus
Wagering Requirement
Games Available
Live Casino?
Sportsbook?
Accepted Crypto
Min. Deposit
Payout
Lucky Block
200% matched deposit bonus of up to 10,000 EUR and 50 free spins on Wanted Dead or a Wild
For every 6x wagered, 10% of the bonus awarded
Slots, table games, live dealers, provably fair, sportsbook
Yes
Yes
XRP, Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, Ethereum, Tether, Cardano, BNB, Shiba Inu, TRON, USD Coin
20 EUR for the 200% bonus
Instant
2. Mega Dice – New Decentralized Casino with Up to 1 BTC Welcome Offer
Mega Dice emerges as one of the go-to decentralized casino sites, providing an all-encompassing range of live casino, game shows, crash games, and sports betting. Having opened its doors just this 2023, the platform is still very new but has plenty to offer both new casino players and seasoned gamblers alike.
Several features allow Mega Dice to create an easy entry point for players. One of them is ease of registration since the platform does not require KYC verification for users to join, making it one of the best anonymous casinos. Aside from this, a low minimum deposit requirement of just 2 USDT or its equivalent in the other cryptos offered, removing a lot of commitment when starting out.
Mega Dice supports deposits for major cryptocurrencies such as BTC, BCH, and ETH and processing can be completed in less than a minute for coins like SOL, BNB, DOGE, and XRP. There are also a varying number of blockchain confirmations in the depositing of cryptos to the platform which ranges from one confirmation to twenty five.
Another thing that sets Mega Dice apart is its lucrative welcome bonus of up to 1 BTC in a 200% matched deposit bonus. This is further supplemented with 50 free spins. However, note that there is a 40x wagering requirement for this bonus.
One crucial feature of Mega Dice, which is also licensed in Curacao, is providing fast transactions. Payouts are almost instantaneous, ensuring players enjoy their winnings and making the entire crypto casino experience seamless. It’s worth noting that the platform only accepts cryptocurrencies. However, there is a fiat to crypto conversion feature for added flexibility.
In a recent move that many have termed as an innovative way to improve crypto casino adoption, Mega Dice became the first licensed crypto casino Telegram bot. Any one of Telegram’s 700 million global active users can easily access the Mega Dice casino and start gaming anonymously in the decentralized crypto platform.
Currently, the Mega Dice Telegram bot lets players deposit and withdraw five major cryptocurrencies: BTC, ETH, USDT, LTC, and DOGE. Users from Telegram can even avail of the 200% deposit bonus of up to 1 BTC plus the 50 free spins and even get their own referral link which gives them 10% commission on all of their invited players.
Overall, Mega Dice delivers a comprehensive, secure, and rewarding crypto gambling experience despite its limitations in fiat currencies.
The recent addition of offering casino services via the Mega Dice Telegram bot has only increased its potential to continue providing a thrilling and reliable destination for gamblers of all experience levels to enjoy in the world of decentralized crypto casinos.
Pros
- Wager crypto in live casino, game shows, and sportsbook titles
- Offers weekly free spins for testing new games
- Minimum deposit at just 2 USDT or other crypto equivalent
- Near instant payouts
Cons
- Only crypto deposits and withdrawals (fiat conversion offered)
Casino
Welcome Bonus
Wagering Requirement
Games Available
Live Casino?
Sportsbook?
Accepted Crypto
Min. Deposit
Payout
Mega Dice
Up to 1 BTC in 200% matched deposit bonus with additional 50 free spins
40x
Slots, table games, live dealers, provably fair, sportsbook
Yes
Yes
Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, Ethereum, Tether, Tron, XRP, Cardano, Binance Coin, USD Coin
20 EUR for the 200% bonus
Instant
3. BC.Game – Top-Rated Online Casino and Sportsbook for 100+ Cryptocurrencies
BC.Game is one of the most popular online casinos and provides wide-ranging games, plenty of player-focused features, and a broad deposit compatibility. Players can cash in 30 fiat currencies, 122 cryptocurrencies, and 8 mNFTs.
The platform captivates its players with a staggering welcome bonus that progressively increases from 180% to 360% across the first four deposits. According to some sources BC.Game offered a multi-million dollar prize offerings in the 2022 FIFA World cup, showing that the casino has a history of making new ways for its members to enjoy their platform.
Adding to this allure is the daily wagering prize pool that holds promise for 10 potential winners, bringing more fun and excitement to BC.Game members.
Not to be overlooked is the platform’s ease of access. Users can effortlessly log in using Google Telegram, MetaMask, among other options. This fosters a user-friendly gaming experience together with the 18 different dedicated chat rooms where users can interact with each other.
Should players encounter any issues, there is a 24/7 live chat support function that is available in 16 different languages and is always ready to assist.
In the end, the gaming options at BC.Game are diverse and the deposit options are even more encompassing. Despite a hefty minimum deposit of $30, the overall accessibility, convenience, and diversity that BC.Game brings to its players more than makes up for it.
Pros
- Accepts 30 fiat currencies, 122 cryptos, and 8 mNFTs
- Daily wagering prize pool with 10 potential winners
- Login with Google, Telegram, MetaMask, and more
- 24/7 live chat support in 16 different languages
- Offers one of the best sports betting platforms
Cons
- Bonuses given as BCD tokens and have high wagering requirement
Casino
Welcome Bonus
Wagering Requirement
Games Available
Live Casino?
Sportsbook?
Accepted Crypto
Min. Deposit
Payout
BC.Game
First to Fourth deposit promo increasing from 180% to 360% bonus.
Wagering Requirement equation:
Wager amount x 0.01 x 0.20 = BCD unlock amountLive casino, slots, lottery games, sports betting, provably fair, table games
Yes
Yes
Bitcoin, Ethereum, Dogecoin, XRP, Cardano, Polkadot, Tron, Binance Coin, Avalanche, Solana, Polygon, and 100+ more
$30
Usually below 10 minutes
4. Fairspin – Blockchain Casino and Gambling Platform Offering Tokenized Rakeback
Fairspin positions itself as a notable blockchain casino and gambling platform, accepting both established and new cryptocurrencies such as Bitcoin, Ethereum, Tether, and more. The platform houses more than 4,000 casino titles and a plethora of sports betting options from 58 distinct gaming providers.
New players at Fairspin are greeted with an enticing welcome promo of up to 200% bonus spread across the first four deposits. This is further backed with an additional 30 to 50 free spins. However, it’s important to note that the wagering requirement for this promotion is relatively high at 60x.
Fairspin adds value to the gaming experience of its loyalty members through certain benefits such as cashback and staking. An added delight is the wheel feature which gives free TFS tokens every 24 hours
Despite a slightly longer than average withdrawal time at 10 minutes, the platform’s broad game selection, best bitcoin slots titles, jackpot games, table games, live dealers, and a sportsbook, makes it still a versatile destination for casino enthusiasts.
In summary, Fairspin proves to be one of the most immersive, secure, and robust Defi gambling sites, even though its wagering requirement and withdrawal time can be improved.
Pros
- Online casino and sports betting from over 50 gaming providers
- Cashback and staking benefits for loyalty members
- Excellent welcome bonus up to 200% in four deposits
- Wheel feature every 24 hours for free TFS tokens
Cons
- High 60x wager requirement for bonus
- Average 10 minute withdrawal time
Casino
Welcome Bonus
Wagering Requirement
Games Available
Live Casino?
Sportsbook?
Accepted Crypto
Min. Deposit
Payout
Fairspin
Up to 100% to 200% bonus for the first four deposits with 30 to 50 free spins
60x
Slots, card games, jackpot games, table games, sportsbook, live casino
Yes
Yes
Bitcoin, Ethereum, Tether, Monero, Dogecoin, Cardano, Bitcoin Cash, XRP, Stellar, and more
1 USDT
Usually within 10 minutes
5. Cloudbet – Leading Crypto Casino with Over 3000 Games
In the domain of best decentralized gambling sites, Cloudbet is a notable player, offering a compelling welcome bonus of up to 5 BTC. Apart from the range of over 3,000 games it provides, the platform’s appeal extends to its acceptance of more than 30 different cryptocurrencies.
Cloudbet shines in the exclusive rewards and perks that it has to offer through their tiered loyalty program for the seasoned player. VIP programs from the typical online casino usually consist of increasing cashbacks or bonuses. At Cloudbet, there is an entire marketplace hub where members can spend their reward points on exclusive rewards.
Unlike most crypto wallets, the Unstoppable platform does not collect any user data nor offer any crypto analytics tools that might expose information about its users. The app doesn’t even share any user data to third party programs since Unstoppable was intentionally designed to ensure a high level of privacy.
Nevertheless, Cloudbet’s accessibility can be a stumbling block for certain regions without a virtual private network or VPN. Additionally, the complicated wagering requirement could be a deterrent for some users. The 100% matched deposit bonus is released in increments for every 150 welcome points earned.
Overall, an extensive crypto compatibility, wide range of games, and attractive loyalty program still renders Cloudbet as a promising choice for players. Despite regional availability and wagering requirements, Cloudbet keeps plenty of bang for its buck.
Pros
- Welcome bonus of up to 5 BTC
- Free spins every Tuesday on specific games after 20 EUR deposit
- Exclusive rewards and perks for loyalty members
- More than 30 different cryptos accepted
Cons
- Unavailable in some countries without VPN
- Complicated wagering requirement
Casino
Welcome Bonus
Wagering Requirement
Games Available
Live Casino?
Sportsbook?
Accepted Crypto
Min. Deposit
Payout
Cloudbet
100% matched deposit bonus of up to
20 USDT released in increments every 150 welcome bonus points
Slots, table games, live dealers, provably fair, sportsbook
Yes
Yes
Bitcoin, Bitcoin Cash, Ethereum, USDT, USD Coin, and 30+ other coins
1 USDT
Instant
6. Wild.io – Rewarding DeFi Online Casino with up to 1 BTC Welcome Bonus
Wild.io is an innovative DeFi casino that stands out with its enticing welcome offer of up to 480% bonus across the first to fourth deposits. It showcases an assortment of casino games ranging from slots, live casino, table games, and jackpot games provided by 25 different developers.
The platform is not just about welcoming new players with open arms; it also values player loyalty. Wild.io’s robust VIP club gives its members unique perks like a maximum 20% weekly cashback and daily rake backs of up to 0.30%. Higher ranked members will get the larger discounts in this package.
Despite its broad range of features, Wild.io does not have a sportsbook and live customer support. However, the platform accepts popular and emerging cryptocurrencies at a minimum deposit of $10 with near instant payout processing times.
Pros
- Total of up to 480% bonus in their welcome package
- VIP club members can earn up to 20% weekly cashback
- Offers thousands of casino games from 25 providers
- Daily rake backs up to 0.30%
Cons
- Sportsbook unavailable
- No live customer support
Casino
Welcome Bonus
Wagering Requirement
Games Available
Live Casino?
Sportsbook?
Accepted Crypto
Min. Deposit
Payout
Wild.io
Up to 120% to 125% bonus from first to fourth deposits with up to 75 free spins
40x
Slots, live casino, table games, jackpot games, blackjack, roulette
Yes
No
Bitcoin, Ethereum, Cardano, Litecoin, Bitcoin Cash, Dogecoin, USDT, Tron, Binance Coin, XRP
$10
Instant
7. Jackbit – Mobile-Friendly Decentralized Gambling Platform with 6,200+ Games
As a mobile-friendly online casino, Jackbit stands out thanks to its housing of more than 6,200 unique casino titles. These games range from slots and megaways to lottery and instant games, not forgetting their live casino, sportsbook, and even sports betting features.
The site has six different types of promotions which includes free spins and holiday tournaments. This ensures that there is always something exciting for users to look forward to as they continue using the Jackbit casino. 24/7 live customer support is also available.
Even if Jackbit does not particularly have a welcome bonus to give to new players, the platform does accept a good number of cryptos and some of the best DeFi coins available.
Specific information on minimum deposit requirements and processing times aren’t stated, implying that this may vary depending on the payment method that’s being used.
Pros
- More than 6,000 unique casino games to play
- Features six different types of promos from free spins to holiday tournaments
- 24/7 live customer support
- Accepts crypto and popular payments like Visa and MasterCard
Cons
- No welcome bonus offered
- Only BTC available for trading to fiat
Casino
Welcome Bonus
Wagering Requirement
Games Available
Live Casino?
Sportsbook?
Accepted Crypto
Min. Deposit
Payout
Jackbit
No Welcome Bonus
N/A
Slots, megaways, lottery games, instant games, live casino, sportsbook, esports betting
Yes
Yes
Bitcoin, Ethereum, XRP, Litecoin, Tether, Binance USD, Binance BNB, Dash, Dogecoin, Monero, Tron, and more
Not stated
Not stated
8. FortuneJack – Popular Online Bitcoin Casino and Sportsbook Platform
Fortunejack stands as another popular online Bitcoin casino but with a variable welcome bonus that new players can decide on. Either a bonus of up to 6 BTC or a 20% cashback can be chosen. Adding to that, 100 free spins are given following account verification.
Players can start placing their wagers in more than 3,000 casino games found at FortuneJack, as well as numerous sports betting capabilities. Round-the-clock live support also ensures swift resolution of queries or further issues.
While FortuneJack does accept 12 different cryptos, including Bitcoin and Ethereum, it might not cater to users who use less popular tokens. It’s also important that users take note of the 14 day time period to be able to utilize the welcome bonus.
The deposit requirement to trigger the welcome bonus is 0.0002 BTC or its equivalent, which is the standard in the industry.
Pros
- Welcome offer choice between up to 6 BTC or 20% cashback
- Get 100 free spins after account verification
- More than 3,000 casino games and thousands of sports betting options
- 24/7 live support replies within minutes
Cons
- Only 12 different cryptos accepted
- Welcome bonus must be accomplished within 2 weeks
Casino
Welcome Bonus
Wagering Requirement
Games Available
Live Casino?
Sportsbook?
Accepted Crypto
Min. Deposit
Payout
Fortune Jack
Up to 110% bonus or 20% cashback for the first four deposits
30x
Slots, spins, megaways, jackpot games, live casino, sportsbook, provably fair
Yes
Yes
Bitcoin, Litecoin, Dogecoin, Ethereum, Dash, Tron, Zcash, Tether, USD Coin, Binance, Binance USD, Polygon
0.002 BTC (or equivalent) to receive welcome bonus
Instant
What are Decentralized Casinos?
Decentralized casinos are an emerging trend in the online gambling industry which leverages the power of blockchains to provide a totally new gaming experience.
In essence, decentralized casinos aim to create a fair, transparent, anonymous, and secure gambling environment. This is in direct contrast to the common issues that centralized online casinos have like lack of transparency, KYC requirements, and regulatory restrictions.
Often termed as “blockchain casinos” or “DeFi casinos”, decentralized casinos appear to be the future of the iGaming experience, but this new trend comes with its very own roadblocks.
Because of the blockchain trilemma coined by Vitalik Buterin, developers of any blockchain must face three main issues: decentralization, security, and scalability.
Any application built on a blockchain will be able to accommodate two of the three issues, but will have to sacrifice the third.
For example, truly decentralized casinos could be secure and have good decentralization with a lot of nodes, but will lack the ability to scale. However, as the technology continues to grow, many developers remain hopeful that one day they will solve the trilemma.
How Does Decentralized Gambling Work?
Decentralized gambling works by utilizing the principles of blockchain technology to offer better features for its players. These features can range from anonymity, full control of crypto assets, provably fair games, and complete wagering transparency.
Wherein traditional online casinos would use fiat currencies like the US dollar, euro, and Japanese yen, decentralized casinos leverage cryptocurrencies for transactions. Normally, popular coins such as Bitcoin and Ethereum are used to deposit, wager, and withdraw winnings.
Usually, DeFi casinos make use of smart contracts that execute commands automatically based on predetermined conditions and code. Casino games and even sports betting platforms can be built using smart contracts on a blockchain that will process the odds, payouts, and other fundamental mechanics for gambling.
Benefits of DeFi Casinos & Sports Betting Sites
DeFi casinos and sports betting sites offer a number of benefits over traditional online casinos and betting platforms. For one, transparency and fairness are easy to come through in decentralized gambling platforms.
This is because they can offer provably fair games, meaning the outcome of every game or bet is verifiable on the blockchain and free from any centralized manipulations.
Another advantage found in DeFi casinos is being permissionless. Since blockchains do not require any KYC or identity verification, players can enjoy gambling anonymously and in regions where traditional gambling services are not available.
Lucky Block, for example, allows players to sign up in less than a minute since there is no required identity verification. Another example in Mega Dice gives users access to the casino platform via the Telegram messaging app, completely anonymously.
Use of cryptocurrencies is also another benefit when it comes to decentralized casinos and gambling sites. Because cryptocurrencies offer a cheaper and more secure way of exchanging funds, DeFi betting sites that operate with cryptocurrencies provide safer and less expensive transactions.
Finally, a significant feature that decentralized casinos can offer is the potential to earn or yield for its players. Some DeFi platforms may offer special rewards for players who use and hold their tokens.
Aside from being able to stake and earn passively from these tokens, the casinos might also give lottery rewards to certain wallet holders.
Types of Decentralized Gambling Sites
In order to find the best decentralized casino, it’s also important to understand the different types of decentralized gambling sites.
Some sites offer multiple decentralized gambling platforms, but below are the individual categories in the market.
Sports Gambling
Decentralized sports gambling platforms use cryptocurrency payments and smart contracts to ensure sports bets are transparent and fair.
In sports gambling, a wager is placed on the outcome of a sports event. Bets may be placed before the sporting event and sometimes even during the event in the case of live sports gambling.
Aside from being able to wager on a sports team or athlete, what sets sports gambling apart from other types of gambling sites are the odds.
Not all sports events are given the same payouts per team because the probability is not always 50-50. Odds will show the probability of one team or athlete winning as well as the potential payout of the bet.
To ensure proper risk management for bets, sports gambling platforms get their betting odds from reliable bookmakers such as Oddin, BetRadar, and BetGenius.
Top options to consider for sports gambling:
- Lucky Block – Overall Best Decentralized Sports Gambling platform
- Mega Dice – Includes Traditional Sports and eSports options
- Fairspin – Top Sportsbook Platform with Loyalty Perks
Casino Gambling
DeFi casino gambling platforms offer the kinds of games that are usually found in brick-and-mortar casinos but as software. These come in a variety of titles such as blackjack, roulette, and slots.
They still make use of cryptocurrencies for wagers, which can make the transactions quicker and more secure.
Although there are some standalone decentralized casino sites, some crypto casinos come bundled with their own sports betting platforms as it is quite common to see casinos and sportsbooks paired together.
These platforms typically do not have their own games, but rather partner with game studios and providers to be able to offer a wide range of titles to their player base.
Slot games are a popular category of casino games that come from reliable developers like BGaming, Quickspin, and Play’n Go. These casino games use provably fair technology which allows for the verification and testing of fairness of the games.
Table games are another top category of casino games and are offered in both virtual and live dealers. Virtual dealers are programs that automatically arbitrate the games so players can enjoy a quick and efficient gameplay experience.
On the other hand, live dealers are actual human dealers that are live streamed and offer a more entertaining and interactive experience.
Top options to consider for casino gambling:
- Lucky Block – Play Thousands of Casino Titles Anonymously
- Mega Dice – Includes Traditional Sports and eSports options
- Jackbit– Over 6,000 Unique Casino Games Offered
Poker Gambling
Poker is a traditional card game and popular casino game that usually requires a mix of strategy, skill, and of course, gambling. Although there are many different variants of poker, the most common variant played in crypto casinos involves the player going against the dealer.
Surprisingly, online poker platforms have been around for decades, but decentralized poker gambling sites are still new to the mix. Because of the initial learning curve that the game demands, new casino goers will find difficulty starting out—especially when used in technical platforms like decentralized apps (dApps).
However, poker gambling can be incredibly rewarding because of the strategy and skill that’s required to consistently win.
Top options to consider for poker gambling:
- Lucky Block – Different Poker Varieties From Top Gaming Providers
- Mega Dice – Premium Poker Experience with Live Dealers
- Cloudbet – Provably Fair Poker from Four Game Studios
Lottery
Lottery games are another popular casino offering that’s marked by fast turnarounds, low bet requirements, and the chance to earn a jackpot or high reward.
With a lottery decentralized app or dApp, developers have been able to create a fully transparent lottery on the blockchain with smart contracts. Since online lottery games usually depend on a random number generator (RNG), having this process run on the blockchain adds to the gambling site’s credibility and security.
As lottery games are easy to pick up and mostly involve chance, new and seasoned casino players alike will find plenty of enjoyment and thrill when on these platforms. Common names of lottery games found on crypto and online casinos are: powerballs, jackpots, lottery, sena, and wheels.
Top options to consider for lottery gambling:
- Earnbit.io – Earn Tokens from Lottery Gambling Wagers
- FortuneJack – Provably Fair Lottery Games
- Wild.io – 185 Lottery Games from 26 Top Providers
Dice
Known for their simplicity and popularity, traditional dice games involve betting on the outcome of a game that is determined by the roll of dice.
Decentralized dice games or crypto dice games are played on the blockchain and typically show the house edge and provable fairness of the game through smart contracts.
Some decentralized dice games offer more benefits for players aside from the potential to win their wagers. These benefits come in the form of earning yield from staked tokens, dividends in crypto, and even the chance to win NFTs.
Top options to consider for dice gambling:
- Lucky Block – Live Dealer and Digital Dice Games Featured
- Fairspin – Dice Games Offered With Low Minimum Deposit
- Mega Dice – Multiple Themed Dice Games Available
How to Pick a DeFi Casino
Choosing the right DeFi casino is an important step in ensuring a safe and enjoyable online gaming experience.
Here are some of the key factors to consider when picking a decentralized casino and gambling platform.
Check Safety and Regulation
The most critical step is to first check whether the online crypto casino is safe and regulated. Regulation ensures that the platform operates under the rules and regulations that are built to protect the users.
It’s important to look into reputable gaming bodies like the Gaming Curacao license – where the likes of Lucky Block, Mega Dice and Fairspin are licensed – UK Gambling Commission, and Malta Gaming Authority.
Crucially, checking if the platform uses encryption technology for user transactions and data should not be overlooked. Casinos should use the SSL (Secure Socket Layer) encryption and always have a clear privacy policy. Fair play policies should also be in play.
Browse Available Games
Another important factor to consider is the variety of games available on the DeFi gambling platform. The best decentralized casinos offer a wide range of games that not only come from top gaming providers but also cater to the different preferences of its platters.
Games such as slots, table games, live casino games, and lotteries are often the classic and most sought out for in both online and traditional casinos.
Consider Bonuses
Bonuses and promotions significantly enhance the gaming experience in any decentralized casino as they offer a way to boost payouts.
One of the ways to gauge the promotions of a gambling platform is by looking at the welcome bonus offered. Usually, these bonuses come from the first four deposits of a new player and give benefits such as double or even triple the deposit amounts.
Other ways for online casinos to entice players to deposit and wager on their platforms is by offering free spins, cashbacks, and weekly rewards.
These kinds of offerings are usually heightened through the loyalty program, a feature that gives increasing perks to players who bet the most.
Deposit Limits
Check the deposit and withdrawal limits to make sure that the decentralized gambling site suits your gaming goals. Some casinos require a high minimum deposit requirement, while others could better cater to players on smaller gambling budgets.
It’s also important to note that some casinos have a different deposit and wagering requirements for those looking to claim the bonuses.
Withdrawal Payout Times
Typically, processing speeds for transactions is a major advantage when using cryptocurrencies. Although the processing time may vary depending on the cryptocurrency used, casino platform, and more, some crypto casinos process them nearly instantly.
Payment processing speeds, as well as the deposit and withdrawal methods, can usually be found on the terms and conditions or FAQs of the casino site.
Fees
Lastly, fees are another essential factor to consider when choosing a decentralized casino. Compared to the traditional payment methods, cryptocurrencies have the advantage of having lower transaction fees. However, this does not mean that the casino’s fee structure would be completely free.
These costs can vary depending on the cryptocurrency that is used to make the deposit or withdrawal. Since crypto and crypto gas prices are always changing, players can benefit from keeping track of the current prices.
Reputable DeFi casinos usually have a transparent fee offering as well as processing of the deposits and withdrawals.
Are Decentralized Gambling Sites Safe?
As a new and emerging trend, decentralized gambling sites may harbor unwarranted precautions by players who lack knowledge and experience in the crypto space. DeFi casinos and gambling sites can offer high transparency and fairness through the use of blockchain technology.
Provably fair games are one of the biggest examples of a transparency feature for decentralized casinos. In platforms like EarnBet, all the games offered are provably fair as all bets are recorded and can be tracked on the blockchain.
Other decentralized casino platforms offer titles from reputable providers that show fairness metrics such as the return to player (RTP) rate and hit frequency.
Decentralized gambling sites also typically come licensed and regulated by notable gaming authorities. One of the most common and trusted licenses is the Gaming Curacao License by the government of Curacao. They have been offering online gambling licenses since 1996.
While many decentralized gambling sites are safe and reputable, it’s still important to research these platforms first. Having a strong reputation, good security measures, and a clear commitment to the overall experience of its members are all green lights to a safe decentralized gambling site.
Conclusion
In the ever-growing world of online casinos and gambling, decentralized casinos offer an innovative and exciting new alternative to the current online platforms. Thanks to advancements in blockchain technology, DeFi casinos provide fairness, security, lower costs, and better transparency than its centralized counterparts.
From our review and analysis, Lucky Block stands out from the rest as the overall best decentralized casino. With its broad range of casino games, anonymity for its users, quick sign-up, regulation, and an attractive welcome bonus for its members, the Lucky Block casino provides an excellent and reliable platform for both casino play and sports betting.
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References
Jose Rafael Aquino
EditorJose Rafael Aquino is a seasoned finance and cryptocurrency writer with over two years of experience in the field. With a portfolio boasting over 100 articles, Jose's insightful pieces have been featured in notable media platforms such as The GUIDON, Business2Community, TradingPlatforms, and numerous others.