Who Should Make Use of This Crypto Gambling Sites Comparison?
This comparison is aimed at anyone that wants to take advantage of the various benefits that crypto can open up for online gamblers. You might be a seasoned gambler that wants to switch from using NZD to Bitcoin or another cryptocurrency for banking purposes. You might be a seasoned crypto investor that wants to get into online gambling. Or you might be a newcomer to both crypto and online betting.
Regardless of which category you fall into, this comparison can help you identify the best crypto gambling sites available for bettors in New Zealand. You will learn how our experts test the best crypto gambling sites and discover how to find the right casino or bookmaker for your needs. We will also explain why it is beneficial to use crypto instead of dollars, help you guard yourself against volatility in the crypto sector and advise you on the best cryptocurrencies to invest in for online gambling purposes.
How to Identify the Best Crypto Gambling Sites in New Zealand
The best crypto gambling sites all share some key strengths:
The best Bitcoin gambling sites offer a broad array of high-quality games for you to choose from. Crypto casinos should have hundreds of slots, ranging from classic 3-reel games to the latest video slots, progressive jackpots, branded slots and 3D slots. You should find a wide range of table games and live dealer games from the leading development studios, plus speciality games, scratchcards, number games and game show style offerings.
Sports betting sites should cover a broad variety of sports, tournaments and matches, and offer a huge range of betting options on each of them, including pre-match, live and futures options. The odds should be of a high quality, and casino players should find plenty of games with a high RTP (return to player) rate.
Many online gambling sites require you to wait for several business days to receive your money when you request a bank transfer. However, crypto withdrawals should be far quicker, as there is no need to involve a middleman, and the company can simply send crypto direct to your wallet at any time of day.
The best crypto gambling sites will pay you out in an hour or two on the day that you request your withdrawal. They should not charge a fee for deposits and withdrawals either, and the customer service department should be able to talk you through the process of sending money to your crypto wallet if you are unsure how to proceed.
Helpful Customer Service
The best cryptocurrency gambling sites offer 24/7 customer service via live chat and email. Many of them offer phone support too. You can email for non-urgent queries, but live chat and phone are generally the best options.
The representatives should be polite, friendly and knowledgeable, and you should not have to endure long waiting times when you call or trigger the live chat function, while emails should be returned within a day or so.
The best online casinos run perfectly on all mobile devices and desktops, with easy navigation, an aesthetically pleasing design and a friendly user interface. They feature the latest games from all the leading, licensed software providers, such as Playtech, Microgaming, Evolution Gaming and IGT, along with many smaller studios. The live dealer games should work perfectly, with no glitches or lag times, and the majority of the range should be available on mobiles.
The best sports betting sites are also easy to navigate, with an effective search function, useful shortcuts, a wealth of statistical information and a great in-play section. Features like live streaming, cash out and partial cash out are available at the best sites.
Anonymous Bitcoin casinos cannot offer sign-up bonuses, because it would be too easy to abuse them. However, most casinos require you to provide your personal details and email address, and many accept fiat currencies alongside crypto. They can offer bonuses, and many promote very lucrative offers in a bid to stand out from the crowd.
You can receive free bets, free spins and other bonuses. You generally have to deposit some of your own money to unlock these bonuses, but you can sometimes find no deposit bonuses. Always read the terms and conditions to check the wagering requirements.
Editor’s Recommendation – Our List of Top Crypto Gambling Sites for NZ
Winz.io makes a great choice for any New Zealand residents seeking a high-quality online casino. It boasts a really impressive live dealer section featuring more than 100 games from market-leading software provider Evolution, plus a few from Authentic Gaming. You can play a wide variety of different roulette, baccarat and blackjack games, plus popular classics like Hold’em, Dragon Tiger, Mega Ball, Crazy Time and Deal or No Deal.
There are hundreds of slots to choose from, including games from established providers like NetEnt and Yggdrasil and lots of titles from smaller studios. There are crypto slots, jackpot games, Megaways, buy bonus slots, drops and wins, and themed collections. You can also play lots of different virtual table games at Winz.
This online casino accepts NZD alongside Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Tether and DOGE, plus a few more fiat currencies. The sign-up bonus is huge. You will receive a 100% bonus worth up to 1 BTC when you register for an account. A single Bitcoin is worth tens of thousands of dollars, so it is a very generous welcome offer.
You will then receive a 50% reload bonus worth up to 2 BTC on your second deposit, plus 100 free spins, and a 50% reload bonus up to 3 BTC on your third deposit. That means 6 BTC is up for grabs in total for new customers, which should be worth more than $300,000 depending on the exchange rate.
Winz is known as a secure site, without any breaches on its record, and it has a history of treating bettors fairly and paying out on time. It is licensed and regulated by the government of Curacao. Winz has friendly 24/7 customer support on offer, it delivers fast cashouts, it features more than 5,000 games and the promotions are huge, so it is an appealing crypto gambling site.
If you want a sports betting site that accepts crypto, BetOnline is worth checking out. It is based in Panama and it historically served a North American customer base, but it now has attractive odds on a broad range of sporting events from across the world. The bonuses are great, it has a long reputation for trustworthiness, the odds are very competitive, customer service is available 24/7 and the user experience is fantastic.
How Our Experts Test Crypto Gambling Sites
Our experts identify all the crypto gambling sites available to players in New Zealand. They register for an account with these sites and assess the ease, speed and efficiency of the sign-up process. They make a note of the breadth of cryptocurrencies accepted, then make deposits and monitor how long it takes the funds to be credited.
Our reviewers then play a variety of games to check that the RNG software appears to be working properly. They request withdrawals to crypto wallets and monitor the speed with which the money arrives. Our reviewers also interact with the customer service department, checking how long the waiting times are and how helpful the representatives are.
They judge the sites based on user-friendliness, game quality, game variety, quality of odds, software, customer service, bonuses and promotions, deposits and withdrawals, breadth of betting limits, and general reputation. We only recommend cryptocurrency gambling sites that can demonstrate a long history of paying players out in full and on time. They must show a commitment to keeping players safe at all times and protecting their funds.
When our experts have gathered all the necessary information, they pit the various crypto gambling New Zealand sites against one another and identify the very best of the bunch. We return to all of these sites on a regular basis to see if they have maintained their standards, improved or regressed. We also keep an eye out for exciting new Bitcoin gambling sites, so it is worth bookmarking this page and returning to find great new crypto gambling sites when they launch.
Finding the Best Crypto Gambling Sites for You
The best crypto gambling site for you will depend upon your priorities as a gambler. Do you prefer casino games to sports betting, or vice versa, or do you want a casino and sportsbook rolled into one? If you like to play at online casinos, are you into slots, table games or both? Do you prefer old-school slots or 3D slots, or are you strictly focused on trying to earn a life-changing sum by playing progressive jackpot slots?
Do you prefer video table games or live dealer games? If you are into sports betting, how many sports do you like to wager on? How many betting options do you require on each game? Do you want to bet on niche tournaments? Do you like to bet in-play and cash out your bets early?
You really need to ask yourself questions like these, as that will help you find your perfect crypto gambling site. Some bettors prefer large bonuses, whereas others place more value on consistently receiving high-quality odds. Some require 24/7 customer support, whereas it is less of an issue for others.
You also need to factor in practical concerns. A crypto gambling site has to accept your preferred cryptocurrency. It has to offer the sort of betting limits you are comfortable with. You have to like the user experience, and the aesthetics and branding will probably be important to you too. First, you need to ring-fence the honest, trustworthy crypto gambling sites that appeal to you from the list above, and then put them in order of how many of your personal requirements they cater to.
We would also recommend signing up at multiple Bitcoin gambling sites. That way you can benefit from multiple bonuses and promotions, and have the broadest possible range of wagering options at your disposal at all times.
Benefits of Crypto for Online Gambling
Choosing crypto over a fiat currency like NZD provides several benefits to bettors:
Most people that use online gambling sites have to endure tedious waiting times to receive their winnings. Bank transfers can often take up to five business days to arrive, and some withdrawal methods take even longer. The best Bitcoin gambling sites cut out those painful waiting times by offering same day withdrawals.
It generally takes no more than 15 minutes to send Bitcoin from one wallet to another, while many altcoins are quicker due to their different block sizes. That means gambling sites can send you money rapidly, without involving a middleman. However, some sites still take a long time to process payments, so look out for sites that approve crypto withdrawal requests on the same day they are made.
Gambling sites should not charge you for crypto deposits and withdrawals, as it is a very cost-effective way for them to send and receive money. They save on conversion fees, handling fees and so on, as most cryptocurrencies are decentralized. They should pass some of those savings onto their customers in the form of attractive odds or exciting bonuses and promotions.
Many people prefer crypto gambling New Zealand to using fiat currency, as there is no need to enter your bank details online. You simply enter a long wallet address or scan a QR code and you can make transfers from crypto wallets to crypto gambling accounts. Crypto transfers are renowned for their enhanced security, as they are peer-to-peer.
Many Bitcoin gambling sites offer anonymity to players. This means you do not have to provide personal details, so you will not be bombarded by annoying marketing, and the crypto gambling site cannot punish you for success. Many online betting sites limit or ban winning players, but anonymity can erase that fear, while allowing you to place wagers from anywhere in the world.
How to Fund Your Account Using Crypto
Follow these steps to make deposits at crypto gambling New Zealand sites:
- Buy Bitcoin or a prominent altcoin from one of the best cryptocurrency exchanges. You can read our crypto reviews to learn more.
- You can use the hot wallet at an exchange like Coinbase or Binance, or set up an external crypto wallet.
- Log into your account at a crypto gambling site and head over to the cashier.
- Choose “Deposit” and click on your preferred cryptocurrency.
- Enter the amount you wish to deposit (this can be in NZD or another fiat currency, and the site will convert it into Bitcoin or another cryptocurrency for you).
- Enter a promotional code if applicable. This could be for a welcome bonus or a reload bonus.
- Copy the long alpha-numeric address provided by the cashier at your crypto gambling site.
- Visit your crypto wallet and click “Send Bitcoin” or equivalent for an altcoin. Paste the address and enter the amount displayed on the cashier screen.
- Double check you have entered the wallet address correctly and click “Send”.
- When the deposit is completed, a notification message should appear on the deposit page at your crypto gambling site. It should arrive within minutes and you can then start playing.
Dealing with Volatility in Crypto
Volatility is the greatest risk when it comes to using crypto for online gambling. Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash and so on are all prone to sharp fluctuations on a daily basis. If it moves in your favour, your winnings will be significantly enhanced. However, if the value of your chosen cryptocurrency goes down against the dollar, it can eat into your winnings.
To combat this risk, you can simply deposit crypto, play for a few hours, withdraw your balance and quickly convert it back to NZD. Alternatively, you can simply not worry too much about the value of Bitcoin or an altcoin versus NZD or USD. Many crypto investors buy and hold for the long-term, as they are convinced that the price will eventually go up. That has certainly been the case for Bitcoin, which has gone from zero to more than US$40,000 in 11 years.
A third option is to find a crypto gambling site that accepts Tether or another stablecoin. These coins track the price of the US dollar, protecting you from volatility. Then all you have to worry about is the exchange rate between NZD and USD, which does not fluctuate dramatically on a weekly basis.
Best Cryptocurrencies To Use At Crypto Gambling Sites
These are the key cryptocurrencies to invest in for online gambling:
This is the original cryptocurrency and it is comfortably the largest by market cap. It is now seen as an alternative to gold, because there is a finite supply and it can act as a store of value. Yet Bitcoin is also regularly used as a digital currency, at gambling sites and many online retailers. All crypto gambling sites will accept Bitcoin.
This is the native token of the fast-growing Ethereum network. Ether is easily the second largest cryptocurrency, and most Bitcoin gambling sites also accept it.
Creator Charlie Lee dubbed Litecoin “the silver to Bitcoin’s gold”, as it has many similar features, but offers quicker transactions and makes it easier to send and receive small amounts online.
This cryptocurrency was created in a hard fork from Bitcoin in 2017. It is established as one of the 10 largest cryptocurrencies, and it is popular among some users due to its speed and scalability.
A stablecoin designed to track the price of the US dollar, thus protecting the holder from the sort of volatility that is rampant in the crypto sector.
How to Buy Crypto in New Zealand
It is very easy to buy crypto currency online in New Zealand. You can choose from a number of leading exchanges, such as Binance, Coinbase and Kraken. A site like Binance offers crypto trading and crypto mining alongside simple buying and selling.
You will need to register for an account, agree to the terms and conditions and verify your email address. You can then click “Buy / Sell”, set the currency to NZD and the crypto to Bitcoin or an altcoin of your choice, enter the amount you would like to spend in NZD, link your payment method and confirm the transfer. The funds should arrive in your account within a few minutes.
You can continue to store them in your exchange wallet. That might be risky, as exchanges have been hacked in the past, so many people prefer to invest in an external hardware wallet, which offers cold, offline storage. You can then transfer the funds to a crypto casino.
Conclusion – Finding The Best Crypto Gambling Sites in NZ
Cryptocurrency makes life easier and more convenient for bettors, while offering stronger security and cutting out costs. You just have to follow a few basic rules in order to make the most of it. Avoid scam sites and stick to the reputable operators listed on this page. Consider investing in a wallet that provides offline storage.
Double check the wallet address is correct before sending crypto to your account. Take steps to protect yourself against volatility. You can then enjoy the multiple benefits of crypto gambling without having to worry about any potential downsides.