Wondering whether to choose a crypto casino or a traditional online casino?
Beyond the type of currency (fiat or crypto) each supports, there are several key differences between the two.
Our team has done independent research to bring you the most relevant crypto casino vs fiat casino stats and facts to help you decide.
1. Crypto Casinos Have More Games
Crypto casinos have more games than traditional fiat casinos, according to independent Casinos Blockchain research.
Taking an example from our crypto vs fiat casino game selection analysis, let’s look at the game selection at four fiat casinos compared to four top crypto sites:
Number of Games at Crypto vs Fiat Casinos
Fiat Casinos
➤ BetMGM: 3,5k
➤ Caesars: 800
➤ Bet365: 900
➤ Bally’s: 500
Crypto Casinos
➤ Stake: 3,2k
➤ BC.Game: 10k
➤ Cloudbet: 6,5k
➤ Jackbit: 6,83k
As you can see, crypto casinos, in general, offer more games. They also have better gamification elements like missions, wheel spins, and point systems.
2. Crypto Casinos Have Better Limits
Crypto-friendly casinos typically have better limits than fiat casinos, as we discovered in our casino transaction limits analysis. Crypto gambling sites beat their fiat counterparts in the following areas:
- Minimum deposits
- Maximum deposits
- Maximum withdrawals
However, when it comes to minimum withdrawals, fiat casinos sometimes offer more approachable limits.
3. Crypto Casinos Are More Volatile
Because of the volatile nature of cryptocurrencies, crypto casinos are technically more volatile. More specifically, the funds in players’ bankrolls are more volatile.
But this isn’t necessarily a bad thing. As we discuss in our dedicated guide to crypto casino volatility, there is also opportunity for growth if a cryptocurrency’s value increases from one moment to the next.
Fiat funds at traditional online casinos do not experience the same fluctuations—which can be a pro or a con, depending on how you look at it.
4. Crypto Casinos Have Bigger Bonuses
Another area in which Bitcoin casinos excel is bonuses. In general, crypto casinos have much bigger bonuses than fiat casinos—we explore all the reasons why that may be in our article on crypto casino bonuses vs fiat casino bonuses.
Here’s a quick comparison from our analysis:
Crypto Casino Bonuses
- BC.Game: Up to $220,000 over your first four deposits
- Cloudbet: 100% deposit match up to 5 BTC (±$325k)
- Jackbit: 100 free spins with a win limit of $100
- GoatCasino: Up to 3 BTC (±$195k) over your first three deposits
- Wild.io: Up to $10,000 over your first four deposits
- Fairspin: Up to $475,000 over your first four deposits
Fiat Casino Bonuses
- BetMGM: 100% deposit match, up to $1,000 + $25 bonus
- Caesars: 100% deposit match up to $1,000 + $10 bonus
- Betrivers: Up to $100 in bonus sports bets
- Borgata: 100% deposit match up to $1,000
- Bet365: Up to $100 upon sign-up
- Bally’s: $50 for new players
Final Thoughts
There you have it! Four ways in which crypto casinos and fiat casinos differ. With the exception of volatility, crypto casinos seem to have the upper hand.
I’ll be sure to continue my research and add new stats and facts as 2024 progresses. So, stay tuned!