Top Picks for Casinos in the Philippines
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- Live Casino
- Top Bonus
- Crypto Casino
- wagerfree bonus
SummaryMetaspins Casino is a very newly-established site in the crypto casino market. It allows players to use pure cryptocurrency to play games, yet they could also use fiat currency to purchase crypto through the site. It’s owned and operated by Metaspins N.V and has a license from the Government of Curacao. This brand-new site is looking to provide a different approach to the world of crypto gaming.
Accepted Currencies- Live Casino
- Top Bonus
- Crypto Casino
- wagerfree bonus
BlockchainCustomer SupportLicences -
- Many cryptos available
- Quality Casino Games
- Esports
- sports betting
SummaryBitsler is a crypto casino owned and operated by Oyine N.V. This is a Curacao-based company with an Antillephone Curacao license and players have a lot to enjoy with some of the best game selections available on the market. We’ve taken a deep dive into what’s offered by Bitsler Casino.
Accepted Currencies- Many cryptos available
- Quality Casino Games
- Esports
- sports betting
BlockchainCustomer SupportLicences -
- Generous welcome bonus
- Popular games
- Easy site navigation
SummaryWith almost a decade of experience, Fortune Jack is a casino that’s well regarded on the market. Excellent crypto payment options are combined with elite casino games to make this a wonderful casino choice.
Accepted Currencies- Generous welcome bonus
- Popular games
- Easy site navigation
BlockchainCustomer SupportLicences -
- Fast payouts
- Provably Fair Games
- Free Spins
SummaryEasy to sign up to and with wager free spins, Winz will make sure you’re ready to play in no time. Lots of casino games are offered, along with a lot of provably fair games too. Aim for some Winz today!
Accepted Currencies- Fast payouts
- Provably Fair Games
- Free Spins
BlockchainCustomer SupportLicences -
- Live Casino
- Great Welcome Offer
- Large selection of games
SummaryA massive 5 BTC welcome bonus is added to a great choice of games and fast cashout. mBit is everything that crypto players could want from a casino. Almost 3,000 games makes this a site with incredible choice.
Accepted Currencies- Live Casino
- Great Welcome Offer
- Large selection of games
BlockchainCustomer SupportLicences -
- Top Bonus
- Popular games
SummaryLots of gaming choice is what initially stands out here. It gets more impressive with the unique bonus system that allows players to choose a character that gives them the bonus they want. A unique and innovative site.
Accepted Currencies- Top Bonus
- Popular games
BlockchainCustomer Support -
- Generous welcome bonus
- VIP
SummaryKing Billy is definitely aptly named. It’s one of the kings of crypto casinos. A welcome bonus of up to 5 BTC is the first thing most players notice. However, it doesn’t end there. It’s an award winning site due to every other aspect in place. Try out King Billy today.
Accepted Currencies- Generous welcome bonus
- VIP
BlockchainCustomer SupportLicences -
- VIP
- Crypto Casino
- Live Casino
SummaryCasitsu Casino is the newest cryptocurrency casino on the block. They’ve only been around for approximately two years but have an impressive following of players. We think that this popularity is because they have more than 3500 games supplied by well-known names in the online gaming industry, such as NetEnt, Yggdrasil, PlaynGo, and SoftSwiss. This Casitsu Casino review will look into the various bonuses, payment methods, games selections, and more.
Accepted Currencies- VIP
- Crypto Casino
- Live Casino
BlockchainCustomer SupportLicences -
- Live Casino
- Generous welcome bonus
SummaryBitstarz is well known on the market for providing a high quality experience. Offering cryptocurrency and fiat payments, it gives amazing gaming opportunities and a fantastic crypto exclusive welcome bonus.
Accepted Currencies- Live Casino
- Generous welcome bonus
BlockchainCustomer SupportLicences -
Recommended by our Experts
- Personalised bonus offer
- Provably Fair Games
- Low House Edge
SummaryBC.Game casino website will immediately catch your interest because it has a wheel of fortune that offers daily prizes of up to 1 BTC. Exceptional deposit and no deposit bonuses are the crown jewel of its promotions. Additionally, it offers several excellent casino games, including ones whose fairness can be verified. In this review, we shall go over the Games, Bonuses, and Promos provided by the casino.
Accepted Currencies- Personalised bonus offer
- Provably Fair Games
- Low House Edge
BlockchainCustomer SupportLicences
Introducing the Top Crypto Casinos in the Philippines
The Philippines is one of the crypto friendly countries. As more exchanges are registered, cryptocurrency is quickly becoming mainstream in the country, led by BTC. Some people are still unfamiliar with digital coins, but the majority of Filipinos prefer them to fiat. This explains the sudden upsurge in the popularity of Bitcoin gambling on the island. To give you confidence in our recommendations, we will share our working procedures by analyzing the top crypto gambling sites with you in this guide.
- Metaspins: Top ten site with no maximum withdrawal limits
- Bitsler: Top Platform with 15+ Crypto Payment Methods
- Fortune Jack: Best Crypto Bonus in the Philippines
- Winz.io: Popular Platform with Zero Wagering Requirement
- mBit: Trusted Online Casino Since 2014
- Bitcoin Casino: Popular Platform with 50+ Software Providers
- King Billy: Best for Sports Betting
- Casitsu: Popular Platform with Many Ongoing Promos
- BitStarz: Best Selection of Slots
- BC.Game: Top Site with Multiple Crypto Payment Options
Operator | Bonuses | Wagering | Casino Games | Payments | Trustworthiness & Reputation | Anonymity | Pros | Cons |
---|---|---|---|---|---|---|---|---|
Metaspins | -Welcome bonus -Weekly rakebacks -Gifts -Tournaments | 25x | 2500+ games | 9+ crypto option. -Minimum deposit 0.0001BTC -Minimum withdrawal 0.001 BTC | -Curaçao License -43/5 expert rating | KYC required, not anonymous | -Multiple payment methods -Huge bonus -Low wagering requirements | -Slow support -Website not user friendly |
Bitsler | -Bitsler coins -Seasonal promos -Tournaments | Variable | 20 provably fair games, 39+ table games, 34 live casino, 2000+ slots | -15+ crypto payment options -No transaction limits | -4.1/5 dappGambl expert rating | KYC not mandatory at registration but may be needed later | -Offers sports-book and esports -Good game selection -Great crypto options | -No welcome bonus |
Fortune Jack | -Welcome bonus -Monthly reload -Weekly cashback -Free spins -Free trial | 30x | 1,500+ slots, 20 provably fair, 100 live casino | -9+ crypto -mi9nimum deposit -minimum withdrawal | -Curaçao license -4.9/5 expert rating | KYC required for large cash-outs | -Offers trial account -Low wagering requirement -Excellent reputation | -Relatively few slots |
Winz.io | -Welcome spins -Cashback bonuses | Zero wagering requirement | 50+ provably fair, 400+ live casino, 4000+ slots | -5+ digital coins -Minimum deposit 0.001 BTC -Minimum withdrawal 0.001BTC | -Curaçao license -4.8/5 dappGambl expert rating | KYC required for large cash-outs | -User friendly -Fast payment processing -Many provably fair games | -Region locked bonuses -Many countries rest |
mBit Casino | -Welcome bonus -Drops & Wins Tournaments -Referral commission -Weekly races | 30x | 3000 + games including slots, 400+ table games, 100+ jackpot games | 5+ cryptos - 0.0001 BTC minimum deposit -0.001 BTC minimum withdrawal | -Curaçao license -4.7/5 dappGambl expert rating | KYC required | -Low deposit limits -Attractive bonuses -Offers VIP program | -Games not provably fair -Supports few cryptocurrencies |
BitcoinCasino | Welcome bonus Free spins Avatar bonus | 40x | 5,000+ games | -7+ crypto -Minimum withdrawal 0.0005 -Minimum deposit 0.0005 | -Curaçao license -4.6/5 dappGambl expert rating | KYC required for large cash-outs | -Vast games library -Fast withdrawals -User friendly site | -Some games geographically locked |
King Billy | -Welcome bonus -Free spins -Cashbacks | 30x | 4,000+ slots, 200 live casino tables | -6 crypto -No fees -0.0001 minimum deposit -0.0006 minimum withdrawal | -Curaçao licensed -4.9/5 expert rating | KYC required for large cash-outs | -Low wagering requirements -Wide games library -No transaction fees | -Few crypto options |
Casitsu | -Welcome bonus Monthly cashbacks -Free spins -Reload bonuses | 50x | 4,000+ slots, 100 jackpots, 200 live casinos | -5 crypto options -Minimum deposit Minimum withdrawal 0.0025 BTC 0.0025 BTC | -Curaçao license -4.5/5 Expert rating | KYC required for large cash-outs | -Attractive bonus -Vast game selection -Efficient customer support | -Unfavourable bonus terms -Relatively high minimum payments |
BC.Game | -Welcome bonus -Cashback bonus -Recharge bonus | Wager amount x 1% x 25% | 6000+ slots, 20+ provably fair, 500+ live casino | -10+ cryptos -Minimum deposit $10 -Minimum withdrawal $10 | -Curaçao license -4.9/ dappGambl expert rating | KYC required for large cash-outs | -Provably fair games -Supports Hindu language -Vast game selection | -Some geographical restrictions |
BitStarz | -Welcome bonus -Free spins -Reload bonus -Seasonal offers | 40x | 3000+ slots, 50 provably fair, 100+ live casino | -10 cryptos -Minimum deposit 0.0005 -Minimum withdrawal 0.001 | -Curaçao license -4.5/5 dappGambl expert rating | KYC required for large cash-outs | -Fast payments -Extensive games library -Huge bonuses | -Restricted in some countries |
Top Five Casino Comparisons
Do you want to find out how the best sites rank against each other in different categories? In this section, we conduct a detailed comparison of the best five operators by bonuses and rewards, payments and games offered. We will contrast and rank the most outstanding ones in each category and finally help you pick the best three and the overall best from our top ten list.
Bonuses available
The best online Bitcoin casinos in the Philippines provide a variety of promotions, including welcome bonuses for new players, ongoing promotions, and even loyalty programs. You may not consider these to be significant until you begin gambling. Bonuses play a big role in cushioning you from losses and elongating your life span in the gaming scene. Our top five platforms in this category offer some of the most attractive bonuses and perks you’ll ever come across in the online betting industry. In that order, Fortune Jack, BitStarz, Casitsu, mBit, and Metaspins casinos are the five best Bitcoin gambling casinos in the Philippines this year.
Fortune Jack offers welcome new players with 100 no-deposit spins. You simply need to create an account and request your 100 free spins. If you decide to proceed by funding your account, Jack Fortune casino rewards you with a whopping 410% welcome deposit match-up bonus. You rake in up to 6BTC and extra 250 free spins spread across the first four deposits.
BitStarz and Casitsu contend for the second position, each offering a 5BTC welcome bonus to new players. Casitsu has multiple additional offers, such as free spins every Wednesday and Friday, a Monday reload bonus and lots of cash-back programs. While its counterpart doesn’t have attractive recurring offers, its wagering requirements are 10 points lower than Casitsu. It also offers 130 free welcome spins above the 50 provided by Casitsu, giving it a lead in the second position. Here is a breakdown of the top BTC casino bonuses in the Philippines this year
Fortune Jack:
- Welcome Bonus: 410% deposit match up to 6 BTC
- Free Spins: 100 no deposit, and 250 deposit free spins
- Wagering Requirement: 30x
- Other Bonuses: Loyalty cashbacks, tournaments, and seasonal promos
BitStarz Casino
- Welcome Bonus: 300% deposit match up to 5 BTC
- Welcome Spins: 180 free spins
- Wagering Requirements: 40x
- Other Bonuses: 50% Monday reload bonus, Wednesday free spins
Casitsu
- Welcome Bonus: 300% deposit match up to 5BTC
- Welcome Spins: 50 free spins upon deposit
- Wagering Requirements: 50x
- Other Bonuses: Wednesday Free Spins, Friday Free Spin Party, Sunday Reloads, Cashback Monday
mBit Casino
- Welcome Bonus: 300% deposit match up to 4 BTC
- Welcome Spins: 300 free spins upon deposit
- Wagering Requirements: 30x
- Other Bonuses: Reload Bonuses, Free Spins, Races, seasonal promos, VIP program
Metaspins
- Welcome Bonus: 100% deposit match up to 1BTC
- Welcome Spins: Zero
- Wagering Requirements: 25x
- Other Bonuses: drops & wins, level-up bonuses, cashbacks, seasonal promos, loyalty program
Casino Games Review
Game selection determines the level of fun you will have. Some platforms specialize in specific game genres, such as poker, while others provide a wide range of gaming options. We examined several factors that make gambling fun and identified BC.Game, BitcoinCasino, King Billy Casino, Winz.io, and BitStarz Casino as our top five BTC casinos with the best casino games in the Philippines. They all have an extensive games selection, ranging from classic slots to provably fair titles and popular table games. They all source their software from licensed, reputable developers. So, you can be confident that all of their games meet the highest standards of integrity and fairness.
BC.Game is the most outstanding one with over 6000 slots, 500+ live casino titles, and at least 20 provably fair games. It has average RTPs ranging between 96% and 99.7%. Although it has the highest number of slots, it excels more in the live casino section. The Dragon Tiger by Evolution Gaming and Mega Sic Bo from Pragmatic Play are some of the top live casino titles that will give you an immersive feel. They offer high RTPs of 99% and 97%, respectively, and are some of the platform’s most preferred live casino games. Winz.io is another site in the top five that excels in the live casino category. However, it has a smaller number of titles compared to BC.Game, you can be sure to get a near Las Vegas experience from the comfort of your home. Apart from classic live casino titles like Ultimate Andar Bahar, it also offers multiple new releases, such as the PowerUP Roulette and One Blackjack, with RTPs of 97% and 99.28%, respectively. King Billy and BitStarz present the best slot experience with lots of free spins, while BitcoinCasino leads in the provably fair category. King Billy’s slot machines are particularly favorable for high rollers. Here is a detailed breakdown of our top five platforms in the games category.
- BC.Game Casino: 6000+ slots, more than 20 provably fair, 500+ live casino games, average RTP of 96%-99%.Spinomenal, Microgaming, and Pragmatic are the top slot providers, with 371, 287, and 279 listings. There are 56 providers in total.
- Winz.io Casino: Offers 5,500+ slots, more than 50 provably fair, and 400+ live casino games, average RTP of 97%. You will also find some new games like Aviator, Multihand Blackjack, Plinko, Mines, and Bomb Squad.
- King Billy: Provides 5,000 slots, 200+ live casinos including Blackjack, Roulette, Baccarat & Poker, 100+ jackpots, and at least 40 new games. Leading game providers include NetEnt, Playtech, Play’n Go, and Spinomenal.
- Bitcasino.io: Has 4600+ slots, 50 provably fair, and 300+ live casinos. Average RTP of 96.5%. Leading providers are Spinomenal, Pragmatic, Play N’Go, Microgaming, and Red Tiger, with 315, 298, 271, 250, and 222 listed games, respectively.
- BitStarz Casino: Offers 4,000+ slots, 50+ provably fair, and 100 live casinos. You will find an average RTPs of 95%. A mix of new and leading software developers supplies games. Pragmatic Play takes the lead with over 250 games, followed by Evolution and Spinomenal, which offer 207 and 187 games, respectively.
Payments
Like gas is for a car engine, so are payments in gambling. In this section, we present the top five BTC casinos in the Philippines in terms of crypto payment. We prioritize those that accept numerous cryptocurrencies, have low costs of transactions, and process payments speedily. Our number one platform is Bitsler Casino. The site has the highest number of crypto payment options out of all the top ten operators we reviewed. Apart from BTC, it also accepts ETH, LTC, stablecoin USDT, meme-coin DOGE, privacy coin ZEC, and at least eleven other virtual currencies. In addition, Bitsler has no minimum deposits or maximum withdrawal limits and offers instant payment processing.
All the other nine operators in the top ten list impose minimum deposit limits and support fewer digital coin payment options. BC.Game, BitStarz, Fortune Jack, and Metaspins casino also made it to our top list in this section. They all have competitive payment terms such as low minimum deposits, zero transaction fees, and no maximum cash-out limits. Learn more about their payment features below.
Bitsler Casino
- Cryptocurrencies: BTC, ETH, XRP, LTC, USDT, DOGE, BNB, BUSD, ADA, ETC, BCH, ZEC, DGB, EOS, XLM, TRX, DASH
- Fees: No fees
- Minimum deposit: No Minimum Deposit
- Max withdrawals: No Maximum Withdrawal
- Payout time: Instant
BC.Game Casino:
- Cryptocurrencies: BCH, BTC, DOGE, EOS, ETH, LTC, USDT, TRX, USDC, XRP, ADA, SOL, DOT, BNB, MATIC
- Fees: Variable
- Minimum deposit: 0.001BTC or equivalent
- Max withdrawals: No limits
- Payout time: Variable
BitStarz Casino:
- Cryptocurrencies: BTC, BCH, LTC, ETH, DOGE, ADA, XRP, USDT, TRX, BNB
- Fees: No fees
- Minimum deposit: 10 USDT or equivalent
- Max withdrawals: No limits
- Payout time: Instant
Fortune Jack Casino:
- Cryptocurrencies: BTC, LTC, ETH, DOGE, DASH, TRX, ZEX, USDT, USDC
- Fees: No fees
- Minimum deposit: 0.002 BTC (or its equivalent)
- Max withdrawals: No limits
- Payout time: Instant
Metaspins Casino:
- Cryptocurrencies: BTC, BCH, ETH, DOGE, ADA, USDT, TRX, USDC
- Fees: Zero
- Minimum deposit: 0.0001BTC or equivalent
- Max withdrawals: No limits
- Payout time: Instant
General Information & Security
All the casinos mentioned on this page are fully compliant with the law. They hold valid licenses from accredited jurisdictions, which they openly display on their websites. They are safe and secure and practice responsible gambling. Find general info regarding licensing, when they were founded, and our expert reputation rating of the best offshore Bitcoin casinos in the Philippines below.
Metaspins Casino
- Year founded: 2022
- Languages: English, French, German, Norwegian, Portuguese, Finnish, Spanish
- License: Curaçao
- Reputation: 4.3/5 Very Good!
Bitsler casino:
- Year founded: 2015
- Languages: English, Spanish
- License: Curaçao
- Reputation: 4.1/5
Fortune Jack
- Year founded: 2014
- Languages: English, Japanese
- License: Curaçao
- Reputation: 4.9/5 Excellent!
Winz.io
- Year founded: 2020
- Languages: English, Russian, Norwegian, Turkish, French
- License: Curaçao
- Reputation: 4.8/8 Very Good
mBit Casino:
- Year founded: 2014
- Languages: English, German, Japanese, Russian, Portuguese
- License: Curaçao
- Reputation: 4.7/5
BitcoinCasino.io:
- Year founded: 2019
- Languages: English, German, Chinese, Portuguese, French, Spanish, Korean, Russian, Turkish, Thai, Japanese
- License: Curaçao
- Reputation: 4.6/5
King Billy Casino
- Year founded: 2017
- Languages: German, English, French
- License: Curaçao
- Reputation: 4.9/5 Excellent!
Casitsu
- Year founded: 2021
- Languages: English, German
- License: Curaçao
- Reputation: 4.5/5 Very Good!
BC.Game Casino:
- Year founded: 2017
- Languages: English, French, Portuguese, Spanish, Turkish, Russian, Polish, Vietnamese, Chinese, German, Hindi, Finnish, Italian, Thai, Japanese, Indonesian, Korean
- License: Curaçao
- Reputation: 4.9/5
BitStarz Casino:
- Year founded: 2014
- Languages: English, Russian, Chinese, Japanese, Portuguese
- License: Curaçao
- Reputation: 4.5/5
Account Verification and Anonymity
All reputable licensing authorities require operators to abide by responsible gambling policies, including restricting gaming by minors. That means they must verify your age, which is only possible through official identification credentials like a government-issued ID or Passport. While this might not immediately happen after signing up, you can be sure that you will only withdraw your first big win after completing verification. Therefore, ensure you provide a verifiable name and physical address when creating your account to avoid verification complications.
Prepare a scan of a government-issued ID or passport and a recent utility bill (usually three to six months). If your documents match the information in your account, the casino will approve them quickly. You will play seamlessly afterward and may only be asked to provide this information again if suspicious activity is detected in your account. Your information will never be shared with anyone, including the government, so you don’t have to worry about anyone profiling you.
The Top 3 BTC Casinos in the Philippines
While all our top ten operators have passed strict security, and user experience tests, the top three from this analysis are:
- Fortune Jack
- BitStarz
- Casitsu
What is the Overall Best BTC Casino in the Philippines?
Fortune Jack: The Overall Best BTC Casino in the Philippines
It’s crystal clear from this article that Fortune Jack has no close competitor. It’s the only one offering a trial account where you can gamble without investing a single coin from your pocket. This is a good chance to hone your skills and familiarize yourself with the gambling environment. What’s more you get free real spins to use, meaning you can already start earning real money. It gets better once you fund your account, 6BTC welcome bonus, ongoing weekly and monthly promos await you. Though you will only have a relatively small games library of less than 2000, the operator has a good mix of the best classic and new titles including provably fair ones, and a big live casino of more than 100 tables. All titles are sourced from 26 top providers, led by Microgaming which supplies 600+ games. Having excelled in the casino industry for close to a decade, Fortune Jack scoops a 4.9/5 reputation and security rating from our experts.
What is the Best Mobile Bitcoin Casino in the Philippines?
BC.Game: Best Mobile Casino in the Philippines
BC.Game is the best mobile casino in the Philippines. Its dark-themed background gives it an attractive look and also enhances concentration while gaming. BC.Game, like many other crypto gambling sites, has no mobile app. However, it has invested in developing a world class mobile browser platform that’s highly responsive, fast and error-free.Navigation is easy and seamless. The loading time during this review was amazing, and all the games we tested were highly fluid. It has sensitive touch capabilities to give you an edge just like a player using the PC site. Set it up on your browser for easier access and enjoy gambling on the go.
Top 3 Bitcoin Casinos Compared
- Generous welcome bonus
- Popular games
- Easy site navigation
- Live Casino
- Generous welcome bonus
- VIP
- Crypto Casino
- Live Casino
What to Consider When Choosing a BTC Casino
Crypto Regulations in the Philippines
Cryptocurrencies have been a contentious issue in different parts of the world. Now that you are going to gamble with BTC, you must understand what the local law says about crypto. If the law restricts digital coins, you may still be able to find some legal gray areas. For example, China has banned crypto and all related services but left a loophole that protects ownership. That means the Chinese can legally own virtual coins and sell them to anyone. They only get into trouble when they try to set up a crypto business.
Gambling Regulations in the Philippines
You also need to familiarize yourself with the local gambling regulations fully. Answer questions like:
- Is gambling legal?
- If yes, how does the law define it?
- What are the limitations?
- Are there any gray areas?
Gambling is highly restricted worldwide, but some governments have allowed it in particular zones or under strict supervision. For example, Thais may not wager on local land-based casinos in Thailand. Still, they are not restricted from online gaming as long as the provider is offshore and complies with its regulations. We will discuss more about gambling regulations shortly. Continue reading.
What is the Future of Crypto Gambling in the Philippines?
While gambling is all about entertainment, we can’t ignore that it can also make you lots of money. As a Filipino, understanding the future of digital coins in your country will help you position yourself appropriately for long-term profitability. Assuming the virtual government currencies are illegal, you can find other ways of gambling with Bitcoin, like signing up with a casino that offers fiat to crypto exchange services.
Where & How to Buy Cryptocurrencies for Gambling in the Philippines?
You will need to purchase cryptocurrencies for your gambling if you don’t already have them. The next thing will be to transfer them in your wallet, for safe storage until ready to transfer in your wagering platform.
Crypto Wallets
Crypto wallets are special programs for the safekeeping of virtual coins. They can come as online wallets, desktop platforms, mobile apps, or hardware wallets. Learn more about this exciting topic in our Crypto Wallets Guide. If you’re new to this, we recommend starting with a hot wallet. It’s simple to use, although it carries a risk of hacking. So make sure to activate all security features if you will go with this option. Alternatively, a mobile wallet like Trust Wallet will be more secure. It’s a little bit complicated and will require patience in learning to use it.
Once your wallet is set up, transfer cryptocurrencies from your exchange into the wallet. You will need two things:
- The receiving address, in this case, your crypto wallet
- Access to the “Send” page of your exchange
- Simply copy the receiving address to your clipboard
- Log into the exchange where you bought virtual currencies
- Press the “Send” button
- Paste the copied address in the receiver’s address field
- And complete the process
How to Deposit in your Crypto Casino?
Funding your BTC casino in the Philippines is easy. The process is similar to transferring crypto from the exchange to your wallet. Only that this time the funds will be leaving the wallet to another platform.
- Select your preferred Bitcoin Casino in the Philippines and sign up
- Log in, visit the payments page, and press the “Deposit” button.
- Select crypto as the payment method, and specify the exact coin, e.g., Bitcoin
- Your platform will generate an address. Copy it to the clipboard
- Sign into your wallet, and hit the “Send” button
- Select the specific crypto to send, e,g. Bitcoin
- Paste the receiver’s address in the right field
- Complete the transaction. Funds should appear on your casino account’s payment page shortly.
How to Withdraw?
Now that you have already performed two transactions, withdrawing funds from the casino should be easy. It’s the reverse of funding your account.
- Visit your payments page in the casino account and click on “Withdraw.”
- Specify the coin you want to cash-out
- Specify the crypto wallet, select the coin you want to receive
- Hit the “Receive” button and copy the generated address
- Paste the address in the “Receiver’s Address” field in your casino account payment page
- Complete the transaction and wait for your money to hit your crypto wallet
- You can later send the coins to an exchange and sell them for fiat
What is the Legal Status of Bitcoin Casinos in the Philippines?
We need to look at two things discussing the legal status of Bitcoin casinos in the Philippines; the Legal Status of Bitcoin in the Philippines and the Legal Status of Casinos in the Philippines. Cryptocurrencies became legal in the Philippines through the issuance of Circular No. 944 in February 2017. They are regulated by the central bank (BSP) under VASP guidelines. They are not considered legal tender since the BSP does not issue them. Although there are no BTC-specific regulations, the government has on several occasions recognized that the digital coin has excellent potential to institutionalize the entire financial sector. Legal gambling was established by Presidential Decree No. 1067 of 1975, and an organization called PAGCOR was established to regulate and license the sector. Legalizing it mostly served to advance tourism and raise money for infrastructure improvement. Filipinos are not permitted to partake in the land-based or internet gambling that local casinos offer. However, they are not prohibited from participating in offshore gambling as long as the destinations are fully regulated by their local authorities. Filipino gambling laws focus on operators and not the players.Crypto Gambling & Taxes in the Philippines?
The country has no specific tax laws directed towards cryptocurrencies or crypto gambling in particular. This doesn’t really mean that you will get away untaxed with all your BTC casino gains. The Tax Code subjects all forms of earnings above PHP250,000 under personal income tax. That said, there are proposals to start taxing digital coins. The Department of Finance (DOF) has recently mentioned that part of the country’s fiscal consolidation and resource mobilization plan might include taxing digital assets and all forms of crypto. That said, you may still be liable to taxation under Section 32 (A) of the Tax Code, which addresses graduated income. It defines gross income as all income, regardless of source, for tax purposes. As a result, income derived from cryptocurrency transactions should be included in the taxpayer’s income subject to income tax. The current tariff for this category is a graduated rate of 35%, meaning you only start paying taxes above the non-taxable P250,000.
Final Thoughts
The Philippines is inching closer to regulating online BTC casinos every day. Pretty soon, there will be a proper structure for licensing local firms to offer crypto gambling. Until that happens, you can use any of the top offshore platforms. We know how tough it can be to find a legit offshore operator, so we made this guide for you. Rest assured; we put in all our years of experience to select the best sites for you. The ball is now in your court. Double-check the bonuses offered, game types, and payment methods from our review, then pick your favorable operator and start wagering.
FAQ
Like any other business, there are both legitimate and scam Bitcoin casinos. You don’t have to worry though, our experts put in their years of experience in analyzing crucial factors about all operators we recommend. You can be sure none of the casinos we have listed is a scam.
A wide range of games, including table games, live dealers, slots, video poker, and even sports betting.
Signing up for an account requires visiting your preferred casino website and submitting your email address and password to create an account. For verification, you will need to create a profile, then upload a copy of your ID and proof of address document matching your profile.
Yes, while all the platforms we recommend are safe, all forms of online gambling expose you to different internet risks, such as loss of personal data through phishing. Always confirm the website URLs to ensure you are on the right website. A rule of thumb is to bookmark the casino website.
Presidential Decree No. 1869 grants PAGCOR authority to permit, regulate and control gambling in the Philippines.
As much as gambling is legal in the Philippines, you are only eligible to play once you attain the legal age of 21 years old.