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Cryptocurrency Blackjack: How it works and where to play

Georgios by Georgios · July 28, 2022

Blackjack is one of the oldest casino games in the world. There is mention of the game in writings from as far back as the 16th and 17th centuries. Today, it is just one of the most popular casino games, and most people have at least heard of it or played it at some point. While there are several versions of blackjack, and most popular casinos even have their variations, one version that is becoming commonplace is cryptocurrency blackjack. The blockchain revolution has been hitting every sector in recent years, and it was only a matter of time before it found its way to online casinos.

This article looks at what crypto blackjack is all about, how it works, its advantages and possible shortcomings, and provides some recommendations of the best crypto casinos to play the game. Let’s start by looking at what the game is all about.

What is crypto Blackjack?

Cryptocurrency blackjack is similar to traditional online blackjack with the same principles and rules. The big difference is that players do not use fiat to fund their play, unlike regular online casino blackjack. Instead, the funding is done with cryptocurrency. Bitcoin blackjack is the most common type of crypto blackjack, but there are others like Ethereum blackjack and Tron blackjack, as most casinos will allow you to play with different digital coins.

Also, cryptocurrency blackjack is provably fair. Since the game runs on a transparent code, a player can view and verify it. Unlike traditional blackjack, you will not just have to trust that the casino will give you fair odds.

How to play crypto Blackjack? 

Online casino blackjack is easy to learn, even for an absolute newbie, as the rules are quite straightforward. And since most of the rules remain the same when playing crypto blackjack, it should also be quite easy to grasp.

Here are the main steps to follow when playing crypto blackjack:

Step 1: Buy crypto

This step will not be necessary if you already have some crypto in your wallet. However, for those that have never played any online casino game with crypto, the first step should be to get the digital coins you intend to use when playing. You will probably need a crypto exchange and wallet for that.

Step 2: Sign up with a casino and deposit crypto

Next, you have to sign up with the casino and deposit the crypto you want to use to fund your play. The casino should direct you on how to do this, but it typically just entails copying and sending crypto to the provided wallet address.

Step 3: Wager to start playing 

Now you can wager to start playing but remember that while some casinos allow you to deposit crypto, they may still require you to wager to be in fiat. Also, keep the following important points in mind.

  • The rules of playing crypto blackjack are the same as any other online blackjack.

  • The game is played with a dealer, and you can either play as a single-player versus the dealer or with others, as most tables offer up to 7 spots.

  • When you make a wager, you receive a hand – the dealer and player are dealt two cards.

  • The goal of crypto blackjack is to create a hand with a higher value than the dealer has but equal to or lower than 21 points.

Step 4: Cash out in crypto 

If you win, you can cash out immediately in crypto, which only requires you to select crypto as your withdrawal method and then provide your wallet address. Some online casinos also have a fiat cash-out option to allow you to convert crypto to cash.

What makes crypto Blackjack better than traditional Blackjack?

While there is not much difference between regular casino blackjack and crypto blackjack besides the currency you use to wager, gambling with crypto comes with several benefits. 

Here is an overview of some of the benefits:

  • Easy to maintain your privacy – Crypto casinos respect data privacy, and you will never need to provide personal information when playing. And since no personal information is attached to your crypto wallet, it is easy to maintain financial privacy from credit rating agencies and banks.

  • Increased fairness and transparency – You can use blockchain technology to verify card deals and probabilities, making it easy to tell which casinos offer fair odds. Also, most crypto casinos tend to be highly transparent, and how they are set up makes information concealing quite hard.

  • It is faster – Deposits and withdrawals take seconds. You can withdraw your winnings anytime you want without ever having to wait for any financial institution to process the payments. Simply add your wallet address, and your earnings will be sent instantly.

  • More game formats – Crypto casinos have several in-house blackjack formats. They will not restrict you to playing only a few standard versions, such as American or European blackjack.

  • Low fees – High fees can significantly decrease your profits when playing in online Casinos. But this should never be an issue with crypto blackjack since you never have to pay for things like credit card or withdrawal/deposit fees.

What are the disadvantages of crypto Blackjack?

There is no doubt that crypto blackjack has many advantages over traditional blackjack, but it also has some shortcomings you should know before you start playing.

  • It is not available in some countries – While most online casinos will try to cater to a global market, crypto blackjack is unavailable in some countries due to regulatory and other restrictions. It is important to check whether a casino allows you to play the game from your country before making the deposit.

  • The volatility factor – The volatile nature is perhaps the greatest demerit of using crypto to play blackjack. The coin's value is constantly changing, especially with highly volatile coins like BTC, ETH, and XRP, which puts you at a greater risk of losing your investment. An easy way to work around this is to play with stablecoins like USDT, BUSD, and USDC or keep checking the market for the least volatile coins.

  • Unfamiliar bet denominations – The betting denominations can be quite weird when using crypto to play blackjack for the first time. Most casinos list your betting stake in millibitcoin, and it will take some time to figure out how to convert this into dollars when playing.

Where to play crypto Blackjack 

  1. Bitcasino.io: is a popular casino that makes signing up and playing hasle free. The casino offers more blackjack variants than most others, including Live Blackjack. Also, the casino will give you up to 10% cashback.

  2. BitStarz Casino: The welcome package with up to 100% bonus for your first sign-up and 20 free spins makes BitStarz quite an attractive casino. The top-rated casino is of the oldest online casinos in the world, and it guarantees maximum security and privacy for players

  3. Stake: The neat interface is one of the first factors that will catch your attention when interacting with Stake for the first time. Besides the appearance, the casino offers several perks like cash back, bonuses, and provably fair games. And you can use all the popular crypto coins to play at stake.

  4. BitcoinCasino.us: established in 2017 is one of the few available crypto casinos in the States and it hosts numerous crypto blackjack options as well as five different coins, Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dogecoin. There are various bonuses for you to pick but our favorite is the weekly cashback.

  5. Bitcoin Video Casino: iPlayCrypto's favorite casino couldn't be missing from the list as the provides you with the basic crypto blackjack experience without any hassle, without even having to register. Something like the Rynair of crypto casinos.

Final thoughts 

There are many ways of utilizing your crypto assets besides trading, and one of them is using them to play crypto blackjack. Playing blackjack with crypto gives you provably fair games, anonymity, more game formats, super fast withdrawals/deposits, and much more.

And while there are still some demerits that come with playing blackjack with crypto, the advantages outweigh them by far.

If you are an online casino enthusiast, you should choose a good casino and give crypto blackjack a try!

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