Curious about where to find the best fiat casinos online? Mr. Gamble's experts have personally tested and reviewed each one.
While an increasing number of players are opting for crypto betting these days, there is a good fraction of players who simply cannot get to grips with cryptocurrencies and prefer practical and traditional currencies.
On this page, you will find out all there is to know about fiat casino sites.
For the safety of players and to keep operators accountable, the team at Mr. Gamble implements a world-class evaluation process for all online casinos. The team incorporates a strict due diligence process for listing casinos on Mr. Gamble by verifying the operating regions of casinos and the validity of local licenses, among other aspects such as customer service, game selection, banking methods, and bonuses.
Our editorial policy includes fact-checking all casino information while including real-world data to provide the most relevant and helpful guide for readers around the world. At Mr. Gamble, the players' safety and satisfaction are our top priority — you can rely on us to get the best possible offers from licensed online casinos.
What Is a Fiat Casino?
Fiat casinos are conventional and traditional online casinos that use a government-issued currency, such as the Euro, British Pound, or Dollar. These are generally real money online casinos and you should know there is the same KYC process as any other casinos.
When you play at fiat casinos, you make a deposit, wager and withdraw your winnings using standard currencies. By doing so, you can opt for traditional payment methods, such as bank debit and credit cards, e-wallets, prepaid vouchers and bank transfers.
Crypto and Fiat Casinos: What’s the Difference?
As mentioned, top fiat casinos operate using government-issued currencies. On the other hand, crypto casinos use digital currencies such as Bitcoin, Litecoin, Ethereum and Dogecoin as their privacy currency. Transactions take place on decentralised blockchain networks.
The blockchain was created to bring a more heightened sense of security, transparency and decentralised payments globally. Bitcoin, Ethereum, Litecoin casinos and other crypto casino sites also host provably fair games, where players are able to verify the results of the games they are playing, adding an element of trust.
With crypto casinos, players can expect near-instant deposits and withdrawal processes, with many crypto casinos eliminating the need of KYC procedures. As a result, players can cash out their winnings within a matter of minutes, often with lower or no transaction fees.
Why Aren't Fiat Casinos Accepting Cryptocurrencies?
You may be wondering why don’t traditional casinos accept both fiat and cryptocurrencies as payment options. There are a number of reasons for this:
Regulatory requirements: Fiat casino sites licensed in certain jurisdictions are not allowed to accept cryptocurrencies. For example, the UK Gambling Commission does not recognise cryptocurrencies at all, so UK-licensed casinos cannot accept them.
Legal issues: There are various rules and regulations on whether digital currencies are legal or not. They may be legal in some countries but not in others.
Familiarity: Even though cryptocurrencies are gaining increasing popularity, most players are happy to wager with a fiat currency, since they know and trust it.
Volatility: Most people know that cryptocurrencies are highly volatile. While fiat currencies are also susceptible to volatility, they are unlikely to be quite as volatile as cryptocurrencies.
Availability: Most software game developers have created their games to run smoothly with many fiat currencies. Even so, most casino bonuses are easier to understand when using fiat currencies, due to the volatility levels of cryptocurrencies.
💡 A note from Mr. Gamble: Some fiat casinos operate as hybrid platforms, which means that in addition to traditional payment methods, they also accept crypto.
Fiat Casinos: Advantages and Disadvantages
Even fiat casinos come with their own set of pros and cons. While the element of familiarity can be advantageous, there are still disadvantages associated with these gambling sites. Check them below.
✔️ Pros
❌ Cons
Stability: Fiat currencies are far more stable than cryptocurrencies when it comes to value.
Possible conversion charges: If you are making a deposit in a fiat currency that is not accepted, you will be subject to conversion fees.
Convenience: Fiat currencies are more convenient considering you already use them for everyday transactions.
Limited: Not all fiat casino sites accept a large number of currencies, so your currency may not be accepted.
Familiarity: You already know how to use them, there is no need for any additional research as with cryptocurrencies.
Inflation: Fiat currencies are also susceptible to inflation, which affects the value when placing wagers.
Availability: Most major fiat casinos accept these currencies.
Fees: Since fiat currencies are associated with banks, you may be subject to processing and withdrawal fees.
Regulation: Fiat casinos tend to be more heavily regulated than metaverse casinos and their other crypto counterparts.
Slower withdrawals: Fiat currency transactions can be slower than their crypto counterpart and subject to a rigorous KYC process.
Games: All gaming options are better designed to run with fiat options since not all game developers have created their games for cryptocurrencies, although there are some unique crypto slots and other games to try at crypto casinos.
No NFTs: Unlike NFT casinos, fiat casinos don't offer NFTs, depriving players of the opportunity to experience the unique benefits associated with these digital assets.
How to Choose a Fiat Casino
Choosing a fiat casino requires a degree of research. Follow the below steps on how to pick the right fiat casino:
1
Pick a casino
Browse through the list of fiat casino sites as recommended by the team at Mr. Gamble.
2
Check the payment methods
Check out the availability of payment methods, including minimum deposit and withdrawal limits.
3
Check the T&Cs
Take the time to read the terms and conditions to figure out if you are happy with the fine print.
4
Make a deposit
If all checks out, you can proceed to register for an account and make a deposit via your preferred payment method.
5
Start playing
As soon as your funds and bonus land in your casino account, you can start playing.
Best Fiat Casinos: 6 Things to Consider Before You Register
Since there are many fiat casino sites available on the market, it is important that you do your homework so you can pick the right fiat casino site from the get-go. Here are some of the top factors you need to take into consideration.
Valid Gambling Licence
Before even looking at the game selection or casino bonuses, you should make sure that your preferred fiat casino has a valid gambling licence issued from a reputable gambling authority, such as the Malta Gaming Authority, for example.
Safety and Security
As part of the casino’s licensing agreement, it must have tight safety and security protocols in place, that include the latest SSL encryption technology to protect any financial transactions and data exchanged as well as responsible gambling tools. Moreover, all games and their random number generators must be routinely tested and monitored to ensure that they are not tampered with in any shape or form.
Availability of Payment Methods
Make sure that your chosen fiat casino accepts your preferred payment method. There are usually many options available, including bank debit and credit cards, e-wallets, prepaid vouchers, Pay by Phone, bank transfers and more. Some fiat casinos are also hybrid casino sites, which means that they may also accept cryptocurrencies in addition to fiat ones.
In addition to checking the availability of payment methods, you should pay attention to the minimum and maximum deposit and withdrawal limits, if there are any processing fees as well as withdrawal times. You should also check if your chosen currency is accepted and that you are not subject to any conversion fees.
Variety of Games
When it comes to online gambling, it is all about the availability of games. The good news is that fiat casino sites accept a plethora of gaming options and host a good number of software game developers.
You can enjoy a wide range of online slot games, RNG card and table games, video poker, dice and lottery games and even live casino games. Most importantly, these fiat casino sites are mobile-friendly, so you can play on the go whenever and wherever you are.
Superb Customer Support
If you have an issue or a query, fiat casino sites tend to have a customer support team that is available 24 hours a day, 7 days a week. They can generally be contacted via live chat, email, social media and sometimes phone.
Casino Bonuses And Promotions
Casino bonuses are available in their dozens at both crypto and fiat casino sites. However, they tend to be far more available at fiat casino sites. Fiat casinos offer players a welcome casino bonus when registering for an account. They may also offer a no deposit bonus or free spins for new sign-ups.
Existing players can take advantage of reload bonuses, free spins promotions and loyalty schemes. There are numerous promotions and a steady flow of offers.
Top Fiat Currencies to Play With
Check out any fiat casino, and you will immediately spot that three currencies tend to be accepted the most. Most fiat casino sites accept US Dollars, Euros, and British Pounds as their main currencies. While the availability of currencies generally depends on the licences the sites have, there are many that cater to their audiences.
UKGC licensed fiat casinos – Most UKGC casinos accept British Pounds, Euros, US Dollars, New Zealand Dollars, Australian Dollars, Canadian Dollars, Swedish Kroner and Norwegian Kroner.
MGA-licensed fiat casinos - Malta Gaming Authority casinos tend to accept Euros, GBP, USD, NOK, SEK, PLZ, JPY and INR
Curacao licensed fiat casinos - Curacao casinos tend to accept a higher number of currencies, including EUR, USD, GBP, AUD, NZD, SEK, NOK, INR, PLZ, ROU, BRR, ROU, ZAE, MEX, DKK, CNY and CZK amongst others.
Gibraltar-licensed fiat casinos - Gibraltar Casinos tend to accept British Pounds, but they can also accept US Dollars and Euros.
Alderney licensed fiat casinos - Alderney Casinos are versatile and can accept EUR, GBP, USD, JPY and CYN.
Fiat Casino Bonuses
There is a multitude of casino bonuses and promotions available at fiat casino sites. These include:
Welcome bonuses: These bonuses are designed to attract new players to a casino. They are typically offered upon signup or the first deposit.
No deposit bonus: A no deposit bonus is designed to attract new players to sign up for an account without requiring a deposit. It can come in the shape of free spins or a small sum of funds.
Reload bonus: A reload bonus is designed to get players to make more deposits to claim a specific bonus.
Match deposit bonus: A match deposit bonus is the most widely available type of casino bonus. The casino matches the amount deposited by the player by a specific percentage. It is generally offered as a welcome bonus or reload bonus.
Free spins: A number of spins granted on a qualifying online slot game.
High roller bonus: A casino bonus that is aimed at high-stakes players who like to make substantial deposits.
Top Fiat Payment Methods
Fiat casino sites accept a diverse range of payment methods. Here are some of the most popular methods available:
PayPal: PayPal is a well-established digital payment platform that enables users to make quick and easy online payments securely.
Boku: Boku is a mobile payment processing company that allows customers to charge their gambling deposits to their mobile phones or digital wallets.
Debit cards: Debit card casinos deduct funds directly from your linked bank account. It is one of the most widely used payment methods.
Neteller: Neteller is a popular e-wallet that allows users to transfer money online quickly and instantly.
Payz: Similar to Neteller, Payz is a well-known e-wallet option that enables users to make quick payments online.
FAQs
Do any fiat casinos accept cryptocurrencies?
Yes. Some fiat casino sites are hybrid, and thus accept cryptocurrencies.
Are there any conversion fees at fiat casinos?
If you are making a deposit in a currency that is not accepted at your chosen fiat casino, then you will be subject to conversion fees. We recommend reading the terms and conditions to find out more.
What should I do if my currency isn't on the list of accepted options?
That depends on whether you are comfortable with paying conversion fees, or you’d prefer to look for a fiat casino that accepts your preferred currency.
Are fiat casinos safe?
Yes. Fiat casinos that have a valid gambling licence issued from a trusted gambling authority are safe and secure.
What is a hybrid casino?
A hybrid casino is an online gambling site that accepts both fiat and cryptocurrencies.
Paul Puolakka is an experienced marketing executive with a decade's worth of experience in the iGaming industry. As a Chief Marketing Officer, Paul has led initiatives for some of the most renowned casino comparison sites in the Nordics, helping them drive growth and engagement in a highly competitive environment...
Alina is Mr. Gamble's Content Creator with strong expertise in iGaming. With a history of working on the casino operator side and an ethical journalistic approach to writing, Alina publishes truthful and accurate content relevant to our readers...
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