Anyone who plays at an online casino, depositing real money, wants to feel as though they are safe. Well, the good news is that Monero (XMR) casinos offer you just this.
What is Monero?
Before starting your Monero online gambling experience, it is important to know what is Monero exactly. Well, Monero (XMR), is an open-source decentralized digital currency. As is the case with all cryptos, it is all about anonymity and user privacy.
It was initially released back in 2014 as a fork from the earlier coin BitMonero. As it stands, it works on a Proof-of-Work system. This means that miners are required to validate the transactions made on the blockchain and, as a reward, they receive new XMR.
Monero has been one of the more successful cryptos and its value has steadily risen since its inception. Currently, there is a $5 billion total market cap and it is worth around $290 per token.
Because this has the third-largest community of developers, it seems likely that this will remain one of the favorite cryptocurrencies in the market, remaining popular in the world of online casinos.
Having said that, right now this isn’t the most commonly used token in the online gambling sphere – coins such as Bitcoin, Litecoin and ETH are more established right now. However, the benefits of playing with Monero are starting to become more widely known.
Monero Pros and Coins
So, what exactly are the pros and cons of gambling with Monero?
Transactions are 5x faster than Bitcoin transactions.
Easy to use on desktop and mobile.
Lots of games are available at the best Monero casinos.
Additional encryption means your Monero in casino sites is even more secure.
Not as widely available as some other currencies.
How to Use Monero in an Online Casino?
If you want to know how to play with Monero then it’s quick and easy. Simply follow our simple steps:
- How to use Monero in casino sites starts with choosing your wallet. Make sure you choose the best wallet that supports Monero transactions.
- Make sure you get the best rates. This means timing it right and comparing crypto exchanges to get the best rate.
- Look through our list of top Monero casinos, read the reviews and choose the right one for you.
- Open up the cashier and select ‘Monero’ or ‘XMR’.
- Make a note of the casino’s PWN (Personal Wallet Number).
- Open your XMR wallet and choose how much you want to deposit, enter the casino PWN and confirm.
- Your transaction should be finalised swiftly.
- Get playing the best Monero games!
If you hit the win and want to claim your money, then it’s just as simple as making a deposit:
- Open your casino account
- Click on withdraw and select XMR as your withdrawal method.
- Enter the PWN of your Monero wallet and enter how much you wish to withdraw
- Click confirm
- Once this is validated, the withdrawal should be with you in just a few moments.
How to play with XMR is very straightforward as long as you make sure you consider all the Monero pros and cons first. These are also other things to consider:
- You need to choose the best Monero wallet – don’t choose the first one you see!
- Make sure you check the value – depending on whether it’s a Bull market or Bear market, the value can fluctuate wildly.
Bonuses in a Casino with Monero
Claiming the best Monero casino bonuses can be pretty rewarding – as long as you look at the small print.
The first bonus you will come across will be the Monero welcome bonus. These are usually the biggest and best Monero casino bonuses. These tend to be match deposit bonuses, which means that the casino will double your deposit in bonus money. So, if you deposit $100 worth of XMR, they will give you $100 worth of bonus XMR to play with.
However, there are all sorts of different Monero casino bonus types – here are some of the best.
Monero No Deposit Bonus
A no deposit bonus Monero offer is exactly what it says. You will be given a bonus without having to make a deposit at all. It may be rewarded for fulfilling an action, such as liking them on Facebook – or it may simply be for opening a new account with them. As soon as you have fulfilled the conditions, the bonus will be added directly into your account.
However, a no deposit bonus XMR offer will have terms and conditions attached, such as wagering requirements etc. So, always read the small print before claiming.
Other Online Casino Bonuses
As well as the XMR casino welcome bonus, there are a variety of other XMR casino bonuses you can look forward to as an existing player.
- Free Spins This is one of the most popular types of Monero casino bonuses. Simply make a deposit and you can spin the reels on some of the best slots for free. These are restricted to selected games
- Reload Bonuses You will also be able to get matched deposits as an existing player – called reload bonuses. These are as a reward for making another deposit into your account. These are often lower value but have lower wagering as well.
- Cashback Sometimes, if you are having a run of bad luck, the casino might give you a percentage of your losses back – no wagering.
- Sports Betting If the Monero casino has a sports betting vertical, you may be able to enjoy free bets, boosted odds and more.
- VIP Programs Some XMR casinos will offer high-rolling or loyal players extra bonuses and rewards as a thank you.
Finding the Best, Safest, Trustworthy Monero Casino
Here are the most important factors we consider when putting together our list of the best Monero casinos.
- The Selection of Games One thing all the top Monero casinos have in common is that they have a good selection of games from the best providers. We expect to see table games, slots, live casino, special blockchain-based games and more. They should constantly update their site with top new game releases.
- End-to-End Monero site The best XMR casinos will be end-to-end crypto sites. This means that you can deposit, play and withdraw with XMR. Should this not be the case, you could end up losing money through exchange fees and if the markets crash.
- The Best Bonuses It goes without saying that the best casino will offer the best casino bonuses. Not only should they be generous in terms of how much they offer, but they should also be transparent and fair. We also look at the availability of bonuses for both new and existing players.
- VIP Program We like a Monero casino to reward loyalty. As such, a VIP Program is always welcomed. This means that you get rewarded simply for playing at the casino. It’s nice to feel appreciated!
- Selection of Payment Options Although we know you’ll be looking to play with XMR, we often find that the best casinos are those that offer a wide selection of cryptos to play with.
- Because Monero is such an efficient crypto, you should expect super-fast deposits and withdrawals The best casinos ensure that all of your transactions are processed and actioned in a matter of moments. There should also be very high (if any) maximum withdrawal limits so that you can get to big wins quicker.
- Licensing, Security and Reputation The best casinos will be licensed by a recognised governing body such as the UKGC or MGA. It should also be protected by high-end SSL encryption technology and certified by third parties. Finally, it should have a good reputation online with regular players.
- Customer Service You should be able to access friendly, professional and knowledgeable customer service agents around the clock. They should be contactable on live chat, email and social media.
Once you have chosen your casino, remember these tips:
- Be sure to compare Mnoero wallets and choose the right one for you
- Find the best XMR rate available
- Make sure the casino is the right one for you.
Best Monero Casino Reviews
When putting together our Monero casino reviews, we go through as strict a process as with all our other crypto casino reviews. Our experts know exactly what they are looking for and try out the casino for themselves before recommending it.
In order to provide a top XMR casino review, they try out the registration process and test out the deposits. They search through the games and play them. As well as that, they contact customer support and see how easy the withdrawals are.
Also, they make sure to look at all their licenses and certifications as well as researching their online reputation.
Best Monero Casino Games
As stated before, we expect the best casino to give you access to the best XMR casino games. Here are some of the Monero casino games we look for:
Monero Casino Blackjack Games
A game with a low house edge but filled with fun. Get closer to 21 than the dealer without going bust – you win!
Live Monero Casino Games
A good Monero casino will let you play Monero casino games with real dealers against real players. Try out games such as poker, blackjack, roulette, craps and baccarat live-streamed right to your monitor!
Monero Casino Slots
Who doesn’t love a good slot game? There should be hundreds (if not thousands) of slot games. We look for a variety of different games from different providers such as classic slots, video slots, progressive jackpots and branded games from the very best providers.
Traditional Table Games
We also look for games such as roulette, baccarat, poker, video poker, craps and more.
Monero Casino Dice
If you want to try a crypto game, then Monero casino dice is simple. You just put a bet on the outcome of the roll of the dice – simple.
Monero Crash Games
Another crypto-style game where you can be as daring as you like. Put a wager on the graph and watch the multiplier rise. Just make sure you cash out your bet before the graph crashes.
Monero Casinos FAQs
Are Casinos With XMR Legal?
Yes, they are. Online casinos that accept XMR are completely legit but only if you are located in a country or region where online gambling and crypto gambling is legal. Also, make sure that you are playing at a Monero casino site that has been licensed and is fully regulated in your region.
Is Playing at Monero Casinos Anonymous?
One of the biggest attractions of any crypto casino is the anonymity it offers – and XMR casinos are no different. You will not be required to enter any financial details at all, which means your spending on the casino sites can’t be tracked by third parties so won’t affect credit checks etc.
What Crypto Currencies Can I Use in Online Casinos?
The list is constantly growing every single day. It used to be just Bitcoin and maybe Ethereum. However, nowadays some crypto casinos are accepting hundreds of different cryptos – Litecoin, Ripple, Monero and more. Check out the deposit options available at your chosen casino to see what options are available to you.
How Long Do Monero Deposits Take?
Not long. If you think Bitcoin deposits are quick – XMR deposits are 5x quicker than that. At most times your deposit will be processed in just minutes (depending on the time of day and how busy the blockchain is). There are some quicker cryptos out there, but this is certainly quick enough for most.
How Long Do Monero Withdrawals Take?
Withdrawals at Monero casinos are very speedy, which is one of the reasons more people are choosing this as a payment option. As soon as your withdrawal has been processed, it should be back into your Monero wallet within a matter of minutes, making it much quicker and more convenient than traditional fiat currencies which can take days.