What is Monero Gambling?

By now, Crypto Casinos are a pretty common sight. There are hundreds of online casinos where you can sign up, pay and play without ever touching your credit card or bank account. These are Crypto Casinos. They basically involve using a digital currency to make payments.

You have probably heard of various cryptos like Bitcoin or Ethereum. Monero is a cryptocurrency just like them. However, there is one key difference.

With other cryptos, the blockchain where all data is stored is transparent and visible to anyone. So, even though no real-life names or addresses are used, it is possible to track someone by using their alias and searching the blockchain.

But this is not the case with Monero. Monero uses a lot of privacy techniques. This includes hiding your ID among a list of fake IDs, and using one-time addresses.

Basically, Cryptos are the most private and anonymous way of playing at a casino. And Monero takes that a few steps further!

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TrueFlip.io Casino

Large slots and lottery selection

Massive amount of cryptos accepted

20% Cashback + 30 Free Spins on The Dog House Megaways
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Justbit.io Casino

Good selection of games

Simple and nice website

45% Cashback + 30 Free Spins on The Dog House Megaways
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Casoo Casino

Casino accepts players from many countries

Good selection of game providers

100% up to $450 and 100 extra spins
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Tsars Casino

Wide variety of live dealer games

Live chat support is available 24/7

100% up to €300 and 100 extra spins
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Haz Casino

Huge selection of game providers

Live dealer games are available

250% UP TO €1000 + 125 FREE SPINS
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Horus Casino

Live chat support is available 24/7

Massive selection of games including wide variety of live dealer games

100% UP TO €200 + 25 FREE SPINS
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Vegaz Casino

Live dealer games are available

Live chat support is available 24/7

100% UP TO €300 + 50 FREE SPINS
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Kryptosino Casino

Nice website

Many types of games

100% UP TO $1000
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7bit Casino

24/7 Customer support

Good selection of games

5 BTC + 200 Free Spins
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Betchain Casino

Live chat support is available 24/7

Website is translated into many languages

1 BTC + 200 Free Spins
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Betflip Casino

High withdrawal limit

Massive selection of games

10 BTC + 100 Free Spins
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Bets.io Casino

Good selection of game providers

Multiple currencies in one account

5 BTC + 300 Free Spins
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Casobet

Simple and clean website design

Live chat support is available 24/7

200% up to 1 BTC
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321Crypto Casino

Good selection of games

No restricted countries

No withdrawal limits

0.005BTC + 50 free spins on your first four deposits
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Betcoin.ag Casino

Good selection of games

No withdrawal limits

Live chat support is available 24/7

100% up to 1 BTC + 1 free spin on your first deposit
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BTC365 Casino

High withdrawal limit

Live chat support is available 24/7

Modern website

100% up to 1.5 mBTC
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FortuneJack Casino

Live dealer games are available

110% up to 1.5 BTC and 250 extra spins on your first deposit
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WildCoins Casino

Good selection of games

Live chat support is available 24/7

100% to 1BTC + 300 free spins on first deposit
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Crypto Thrills Casino

Casino accepts players from many countries

Live chat support is available 24/7

250% up to 1 BTC + 70 Free Spins
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CryptoWild Casino

Live chat support is available 24/7

Good selection of games

1 BTC + 150 Free Spins
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mBit Casino

Good selection of games

Live chat support is available 24/7

150% up to 2 BTC + 100 Free Spins
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Kingbit Casino

Good selection of games

No restricted countries

Live chat support is available 24/7

110% up to 1 BTC
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Wild Tornado Casino

Huge selection of game providers

Live chat support is available 24/7

Massive selection of games

1 BTC + 100 Free Spins
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KoalaRoyal Casino

Massive selection of games

0.2 BTC + 250 free spins
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Bspin.io Casino

Exclusive slot games

Bitcoin value cashback

1 BTC + 20 free spins
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BetPlay.io Casino

Instant transfers & near zero fees through BTC lightning

50 mBTC
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1xBit Casino

Fully anonymous

One-click registration

7 BTC
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How Do We Rate Monero Casinos?

Since Monero casinos are now becoming common, it’s important to weed out the good ones from the bad ones. Fortunately, our team of reviewers have plenty of experience in this field. They know exactly how an online casino works and what factors are crucial to a fun and safe gameplay.
Rest assured; we will only recommend the best casinos to you. So, how do we rate Monero casinos? The criteria we use to judge them are:

Security and Licensing
Security and Licensing
Website Design
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Customer Support
Customer Support
Bonuses and Promotions
Bonuses and Promotions
Games to Play
Games to Play
VIP Programs
VIP Programs

How to Deposit and Withdraw with Cryptocurrency – A Guide

Making deposits and withdrawals with cryptocurrencies is actually fairly simple. All you need to get started is a wallet with some Monero ready in it.

Deposit

  1. Choose the casino to play at. Create your account by following the instructions and filling in the details. At the end of registration, you may be prompted to deposit. If not, go to the ‘CASHIER’ section of the website, or find the ‘DEPOSIT’ button.
  2. Choose the deposit method. In this case, it should be Monero.
  3. The casino will provide you with a unique web address. This is the crypto wallet address for your casino account.
  4. Go to your Monero Wallet. Select ‘Send Money’. When the field appears, simply enter the address from Step 3.
  5. Select the amount to transfer and confirm it. Keep in mind that when you go to play at the casino, the money will be converted to USD or another currency rather than staying as Monero.
  6. Check your casino account. The money should appear within a few minutes.

Withdraw

Withdrawing money from the casino using Monero is even easier.

  1. Visit the casino’s ‘CASHIER’ page or ‘WITHDRAW MONEY’.
  2. Choose the payment method you want to get your money through. In this case, it is Monero.
  3. Go to your Monero wallet. Generate a wallet address and copy it.
  4. Paste the Monero Wallet address in the address field for withdrawal.
  5. Select how much money to withdraw. Keep in mind that bonuses and wagering requirements can ‘block’ some of the withdrawable funds.
  6. Confirm the withdrawal. It can take some time for the money to appear, depending on how quickly the casino checks your withdrawal request and then approves it.

All the Pros and Cons of Monero Gambling

Monero Gambling, despite being pretty great, does have some issues. Whether those issues make or break it depends on you. Here are the advantages and disadvantages of Monero so you can decide for yourself.

Pros:

  • Transactions are generally instant. Worst case scenario is up 2 hours.
  • Extremely private, secure, and anonymous. It is very difficult to get personal data from crypto payments, and Monero is even more security-conscious.
  • Flexible and multiplatform support. Can use both desktop browser and mobile app.
  • No transaction fees to deal with, unlike Banks or E-Wallets.

Cons:

  • Relatively new compared to Bitcoin. May not be completely reliable.
  • High barrier of entry for those who aren’t tech-savvy or have not used cryptos before.
  • The value of Monero is driven by hype and speculation. The value could collapse or explode at any time.

What about Other Gambling Cryptocurrencies?

Monero is not the only cryptocurrency used. Other gambling cryptocurrencies include Bitcoin, Ethereum and Litecoin.

Bitcoin and Ethereum are particularly widespread and commonly used. They are accepted at more casinos than Monero. In fact, Bitcoin is even legally accepted, and an official currency in some countries. Despite that, Monero still wins out on security features and measures!

FAQs

Can I fund my online casino account with Monero?
Will Monero keep my details private?
Are there any Monero casino bonuses?
Will there be any fees with Monero transactions?