Bitcoin casinos are gaining popularity around the world, transforming the gambling industry digitally. Their prevalence in Europe and North America is helping millions of people earn handsomely through casino games. Today, Bitcoin gambling has also entered the nascent gambling market of India. It is increasing the country’s huge consumer base by becoming a popular attraction for online users.
Bitcoin Casinos in India
In 2020, more than 700 million were actively using the internet for services. This large online user-base served as a goldmine for Bitcoin casino operators. With their headquarters based offshore, Bitcoin casinos in India have increased their operations over the past year. The multi-billion-dollar revenues generated by India’s online gaming industry are creating favorable conditions for the adoption of Bitcoin casinos in India.
Advantages and Disadvantages of Bitcoin Casino in India
The Indian gambling marketplace is quite complex, even for Bitcoin casinos. Indian players engaging in online casinos are preferring Bitcoin transactions. However, several factors curb their adoption. Bitcoin casinos in India have a competitive advantage in catering to the growing demand for cryptocurrency holdings in India. The Indian diaspora is actively adopting Bitcoin and other cryptocurrencies, and Bitcoin casinos are becoming the best avenue for this. The high level of security provided by Bitcoin casinos is also a key advantage for their adoption in India. Bitcoin transactions’ decentralized nature allows Indian gamblers to earn high and stay completely anonymous to the Government and banking institutions. Online gambling anonymity also helps players in safeguarding their personal information. India’s legal situation surrounding gambling is complex, and that perfectly benefits Bitcoin casino players. By staying under the radar, they can easily deposit real money, play various games, earn Bitcoins, and make instant withdrawals.
The disadvantages of Bitcoin gambling, however, are also looming in the Indian market. To begin with, Bitcoin is not entirely accepted as a currency in India. Cryptocurrency is still not legal in the country. Online Indian casino sites do not accept Bitcoin payments. Also, several crypto exchanges based in India have experienced scams in the recent past. Bitcoin casinos are also not accepting players from India due to poor internet connection, inadequate security, and rigged gambling.
Picking the Legit Bitcoin Casinos in India
A legit Bitcoin casino in India can be defined by two factors. Firstly, it should be situated or based outside India as the Public Gambling Act of India does not regulate cryptocurrency gambling. If a Bitcoin casino is located outside the country and regulated by its local gambling commission, then it can be considered legit for the players here. Secondly, the Bitcoin casino must partner with Indian banking institutions that support Bitcoin transactions. Major banking giants such as the State Bank of India, ICICI Bank, and HDFC Bank are now allowing their customers to process cryptocurrency payments, but at stipulated processing charges.
Bitcoin Casino Games – What Can You Play?
There are several games available for Indian players at Bitcoin casinos. Even the staple casino games of Indian Rummy, Poker, and Teen Patti (3-card Poker) are available at these casinos. Bitcoin casinos have a wide variety of games. These gaming variations can keep the Indian players engaged for days. Bitcoin slots are one of the most popular games in Bitcoin casinos in India, where they offer a diverse selection of casino card games such as Blackjack, Roulette, and Baccarat. Players can enjoy dice games and live table games with real dealers at live BTC casinos. Other popular Bitcoin casino games in India include French Roulette, Blackjack Switch, Guns N’ Roses, Starburst, Mega Moolah, Live 3-Card Poker, Casino Hold’em, Jacks or Better, and Dream Catcher.
Most Popular Bitcoin Casino Sites in India
Different formats of online gambling are accepted in India. For Bitcoin casinos, the most popular sites are usually offshore platforms that offer diverse gambling products to Indian players. Indian gamblers are using Bitcoin for sports betting, lotto, and daily fantasy games. Bitcoin casinos offering online poker are also a hit among the gambling community in India. The most Bitcoin casino sites in India are 22 Bet, 7BitCasino, and BitStarz. These casinos are internationally recognized and have gained immense popularity among the Indian online crowd.
Overall, Bitcoin casinos offer more benefits than drawbacks to the Indian players. Their acceptance is growing every year as the gambling authorities in India are reviewing cryptocurrency gambling. Bitcoin gambling in India is likely to gain acceptance by the end of 2025. However, in the near future, the launch of new gaming attractions and the increasing support of Indian banks towards Bitcoin transactions will favor Bitcoin casinos in the country.