Bitcoin Gambling Sites in Georgia

Bitcoin Gambling Sites in Georgia

Bitcoin Gambling Sites in Georgia

The Republic of Georgia (not the US state) is located in the Caucasus region with a population of just under four million people. It is also home to a booming online gambling scene. And it isn’t just the gambling sector, which is on the rise either. Georgia’s cryptocurrency industry has no capital gains tax (for the most part).

Along with the fact that winnings from offshore casinos & bookmakers are not taxed, it is quite clear that Bitcoin gambling in Georgia is the way to go to find the best international gambling products that also offer rapid transactions and high privacy features. Let’s explore some top sites you can join next.

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Best Crypto Casino List for Georgia

While you can always play at Georgian licensed sites, we find the typical crypto casino in Georgia to be more beneficial. You won’t pay taxes on crypto transactions, you’ve got access to the fastest withdrawal times around, you can claim epic bonuses, there are thousands more games to choose from, and for those who require it, there’s the added perk that anonymity brings. Here are some of our top Georgian crypto casinos:

Casino
Rating
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
Vave Bonus
4.4/5
star star star star star
Cashback
$20
B x 40
NO CODE
100% Bonus Up To1 BTC
#2
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
$10
N/A
NO CODE
180% Bonus Up To$20,000
#3
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
$10
x80
NO CODE
100% Bonus Up To1 BTC
#4
Duelbits Bonus
4.2/5
star star star star star
Rakeback
$10
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback +500FS
#5
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#6
Jackbit Bonus
4.1/5
star star star star star
Deposit Bonus
€50
x1
WELCOME
copy-icon
Bonus Up To100 FS
#7
22bet Bonus
4.2/5
star star star star star
Deposit Bonus
€1
B x 50
Exclusive Offer
CRYPTOTV
copy-icon
100% Bonus Up To€300
#8
Stake Bonus
4.4/5
star star star star star
Rakeback
$1
special-rules
Special Rules
Exclusive Offer
CRYPTOTV
copy-icon
Bonus Up To10% Rakeback
#9
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#10
Sportsbet.io Bonus
4.1/5
star star star star star
Daily Rewards
$1
special-rules
Special Rules
NO CODE
Bonus Up ToDaily Rewards
#11
BC.Game Bonus
4.3/5
star star star star star
Deposit Bonus
$30
special-rules
Special Rules
Exclusive Offer
NO CODE
120% Bonus Up To$20,000
#12
1xbet Bonus
4.2/5
star star star star star
Deposit Bonus
$10
x35
NO CODE
100% Bonus Up To$1,500
#13
Kineko Bonus
4.1/5
star star star star star
Deposit Bonus
$20
B x 35
NO CODE
100% Bonus Up To$100 + 200FS
#14
20Bet Bonus
4.3/5
star star star star star
Deposit Bonus
$/€20
B x 40
NO CODE
100% Bonus Up To$/€120
#15
Rocketpot Bonus
4.0/5
star star star star star
Deposit Bonus
$25
x35
NO CODE
100% Bonus Up To$5,000
#16
Mystake Bonus
4.2/5
star star star star star
Deposit Bonus
$20
x30
NO CODE
170% Bonus Up To$1,000
#17
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
$20
x35 in Slots
NO CODE
100% Bonus Up To$500
#18
FortuneJack Bonus
4.0/5
star star star star star
Deposit Bonus
BTC 0.001
Bonus x30
NO CODE
110% Bonus Up ToBTC 1.5
Bookmaker
Rating
Min odds
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
Vave Bonus
4.4/5
star star star star star
Cashback
2.00
$20
B X 5 (Doubles)
NO CODE
100% Bonus Up To1 BTC
#2
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
N/A
$10
N/A
NO CODE
180% Bonus Up To$20,000
#3
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
-
$10
x80
NO CODE
100% Bonus Up To1 BTC
#4
Duelbits Bonus
4.2/5
star star star star star
Freebet
1.50
$10
B X 5
NO CODE
100% Bonus Up To$100
#5
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
1.60
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#6
Jackbit Bonus
4.1/5
star star star star star
Freebet
1.30/selection (trebles)
€20
special-rules
Special Rules
NO CODE
100% Bonus Up To€100
#7
22bet Bonus
4.2/5
star star star star star
Deposit Bonus
1.40/selection (Trebles)
€1
Β x 5
Exclusive Offer
NO CODE
100% Bonus Up To€122
#8
Stake Bonus
4.4/5
star star star star star
Rakeback
-
$1
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback
#9
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#10
Sportsbet.io Bonus
4.1/5
star star star star star
Daily Rewards
-
$1
special-rules
Special Rules
-
copy-icon
Bonus Up ToDaily Odds Boost
#11
BC.Game Bonus
4.3/5
star star star star star
Deposit Bonus
-
$30
special-rules
Special Rules
Exclusive Offer
NO CODE
120% Bonus Up To$20,000
#12
1xbet Bonus
4.2/5
star star star star star
Deposit Bonus
1.4
$1
x5
-
copy-icon
100% Bonus Up To$100
#13
Kineko Bonus
4.1/5
star star star star star
Deposit Bonus
1.50
$20
D x 10
NO CODE
100% Bonus Up To$150
#14
20Bet Bonus
4.3/5
star star star star star
Deposit Bonus
2.00 Combined (ACCAs)
$/€10
B x 5
NO CODE
100% Bonus Up To$/€100
#15
Rocketpot Bonus
4.0/5
star star star star star
Deposit Bonus
-
$25
x35
-
copy-icon
100% Bonus Up To$5,000
#16
Mystake Bonus
4.2/5
star star star star star
Deposit Bonus
1.40/selection
$20
x10 in Doubles
NO CODE
100% Bonus Up To$500
#17
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
1.4/selection
$20
x10 in Trebles
NO CODE
100% Bonus Up To$500
#18
FortuneJack Bonus
4.0/5
star star star star star
Cashback
N/A
BTC 0.001
N/A
-
copy-icon
20% Bonus Up To20% Cashback
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Leading Georgian Crypto Betting Sites

Sports betting (like most options involving crypto betting in Georgia) is a big business. However, while national options tend to be focused on Georgian games and feature regulated odds, the same isn’t true of crypto sites. These span worldwide markets and selections have great odds up to 98%+ and there’s no shortage of top bonuses and promos you can claim at our hand-picked crypto-betting sites.

Bookmaker
Rating
Crypto Coins
Highlights
% Percentage
Amount
#1
Vave
4.4/5
star star star star star
Cashback
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 8 Coins
check-icon
Up To 96%+ Odds
check-icon
Over 1,000 Daily Live Events
check-icon
4+ Fiat To Crypto Gateways
100% Bonus Up To1 BTC
#2
Coins.Game
4.2/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
15+ Popular Cryptos
check-icon
97% Odds In Top Leagues
check-icon
No KYC Required
check-icon
Easy Signup
180% Bonus Up To$20,000
#3
BetPanda
4.3/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 10 Coins
check-icon
Livestreaming
check-icon
40,000+ Monthly Pre-game Events
check-icon
Bitcoin Lightning Accepted
100% Bonus Up To1 BTC
A Digital Lari for Sports Betting

Georgia is deemed to be the third largest crypto mining hub in the world. While over 5% of Georgians are involved in mining cryptocurrency, only 3% actively own and use it. At the same time, the Central Bank of Georgia is considering launching its own digital lari (the national currency). 

This cryptocurrency would have the same status as GEL and be legal tender. This process is ongoing, so Georgian Bitcoin betting may find a competitor out in the future. We could even see a fully regulated and licensed crypto-gambling sector in the country. But for the time being, nothing comes close to the top cryptos like BTC, ETH, LTC, BCH, USDT and XRP for the purpose of gaining access to the best international bookies.

Vave Logo
Casino
Vave
4.4/5
star star star star star
YEAR EST
2022
check-icon
Over 8 Coins
check-icon
70+ Providers
check-icon
Over 700 Bonus Buy Games
check-icon
4+ Fiat to Crypto Gateways
Pragmatic Play Pragmatic Play
No Limit City No Limit City
NetEnt NetEnt
100% Bonus Up To 1 BTC
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Georgian Bitcoin Gambling Sites – How to Deposit

Until the digital lari arrives, Bitcoin will remain the most popular cryptocurrency in the state. You can purchase BTC, ETH and other leading cryptos at top exchanges. In Georgia, the population tends to prefer Binance, Kraken and CEX.io, and Coinbase. Each of these exchanges allows you to purchase cryptocurrency using your bank card (and GEL), and many even offer their own wallet service, which saves you time.

Depositing at offshore crypto gambling sites that accept Georgians is a doddle. The process isn’t much different from depositing via an e-wallet. Just copy down the address of your casino wallet and process a crypto payment, as usual, using that key. Withdrawals tend to be fast, effective and, in some cases, free from added fees.

Step-By-Step Process
Bitcoin Gambling Sites in Georgia
Bitcoin Gambling Sites in Georgia
Step-By-Step Process
1
Start an account at a crypto exchange. Fund it via debit card, bank transfer or any other local option. Acquire the cryptocurrency that you are going to use as a gambling bankroll.
2
If you are not in a hurry, limit orders hold fewer fees than market orders. Sometimes, it is better to acquire the proprietary coin of the exchange first, as trading pairs with them cost less.
3
Transfer the cryptocurrency amount to your private wallet. Never make direct transactions between crypto exchanges & crypto gambling sites. Crypto exchanges may freeze such accounts.
4
Head over to the gambling site’s cashier section. Click on the relevant crypto method. The wallet’s address will appear. Copy the address and paste it into your wallet’s send function. QR code scans are commonly available too.
5
If a brand does not support crypto-only wallets, watch out for the exchange rate. Any spread above 1% of the current market rate is too much.
6
After a few seconds or minutes, your deposit will settle. This depends on the cryptocurrency and the number of block confirmations required by the operator.

Of course, we’ve already touched on Georgia being a tax-free haven for crypto gamblers. However, we should shed more light on this. Let’s explore it in the next section. Get ready to start grinning.

Crypto Gambling Tax in Georgia

Georgia expended great effort to grow its online gambling industry. To that end, it only charges operators a gambling tax, not players. Technically, this law only applies to Georgian sites licensed by the Ministry of Finance, but in practice, it is impossible for that body to check up on which players have won at offshore sites.

Crypto taxes aren’t really a thing as of 2019. There is no capital gains tax in Georgia on cryptocurrency profits. No individual in Georgia will be taxed on profits made from the sale of crypt os, nor are sales subject to VAT. VAT may or may not be charged for miners based on the location of the sale for hashes.

In short, if you are a Georgian gambler that is NOT involved in crypto mining, then you are unlikely to have to pay any sort of income tax on your gambling winnings and any profit you make trading cryptocurrencies (say, after winning) is completely tax-free.

Crypto Gambling Beyond Georgia

Although Georgia has a favourable situation when it comes to gambling, the same doesn’t apply to its neighbouring countries. Nonetheless, we can see the resilience cryptocurrencies show in harder markets.

For example, crypto online casinos in Armenia came to solve the lack of worthwhile brands and heavy taxation in the region, igniting the local market. Along the same lines, the only way for Azeris to gamble online is a crypto online casino in Azerbaijan, dodging the ban on traditional sites.

Our Final Verdict on Crypto Gambling in Georgia
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Our Final Verdict on Crypto Gambling in Georgia

Georgia is – not to put too fine a point on it – a mecca for cryptocurrency gamblers. Tax-free Georgian crypto gambling is a serious perk which you can add on top of the already impressive pros of crypto gambling, such as anonymity, unhindered bonuses, immense gaming libraries and super-fast transaction times.

Given the good fortune that Georgians have, we wouldn’t be surprised if you wanted to sign up and play straight away. Don’t hesitate to check our recommended Georgian crypto sportsbooks and casinos to get started as a new player right now.

FAQs

Absolutely. Georgia not only permits gambling online, but it is also one of the fastest-growing online gambling markets in the region, with both land-based and online gambling games hugely popular with residents in the country.

Georgia is trying to introduce a digital version of its own currency (GEL), and if that happens, then legalised and regulated online betting sites will probably accept it, as it will be theoritacally legal tender.

At the time of writing, crypto gambling is an unregulated industry. This means that it operates within a legal grey zone. You can sign up and play at these sites, and you needn’t worry about doing so.

Yes. Nodar Khaduri, Georgia’s Minister of Finance (in 2019), signed the bill that makes profits made from crypto sales fully tax-free. You really don’t need to pay for anything.

Theoretically, yes – if you’re playing with GEL. Georgia’s “no tax rule” on gambling winnings only applies to nationally licensed sites. However, since we’re talking about cryptos, and there is no income tax on profits made from cryptos – crypto betting is essentially tax-free.

Cryptogambling.tv is the first site to fully empower crypto iGaming brands. Decentralized digital currencies are the answer to the restrictions that gamblers face worldwide. Your funds, your rules. At the same time, we accept no compromises, and promote only legitimate websites. Trust our expertise, become an avid crypto gambler and maximize your bankroll’s value.
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