The Aussie guide to crypto casinos: fees, payouts and licences explained
Plain-English answers for first-timers, backed by sourced numbers. Our two featured casinos, Thrill and Cybet, are compared side by side below.
-
New to crypto casinos? Start here
- How crypto casinos work
- Is it legal in Australia?
- Withdrawal fee calculator
- What is rakeback?
Our two featured casinos
Thrill
Rakeback-led crypto casino
- Games3,000+
- PayoutsInstant to a few minutes
- SupportLive chat 24/7 and email
Cybet
Big library, $1 deposits
- Games5,300+
- Payouts5 to 60 minutes
- SupportLive chat 24/7
Start with the basics
Short guides on the questions newcomers ask before they deposit anything.
How crypto casinos work for Aussies
Wallets, coins, cashiers and what happens between your deposit and your payout.
Read the guideIs online casino legal in Australia?
What the law says, why some sites get blocked and what that means for players.
Read the guideHow to deposit Bitcoin or USDT
Step by step, plus which coin suits small deposits and which suits cash-outs.
Read the guideWithdrawal fee calculator
See what a flat fee really costs at $10, $100 or $500. Try it further down this page.
Use the toolRakeback and lossback explained
How they differ from a deposit match, and why wagering terms still matter.
Read the guideWhat an Anjouan licence means
Who regulates offshore casinos, how to check a licence number and where its limits are.
Read the guideThrill vs Cybet side by side
Both are crypto-only, Anjouan-licensed and browser-based, and neither holds an Australian licence. The gaps show up in library size, withdrawal costs and support. Our full breakdown goes deeper.
| Feature | Thrill | Cybet |
|---|---|---|
| Casino.org rating | 3.9 / 5 | 4.0 / 5 Edge |
| Game library | 3,000+ gamesSlots-led; Pragmatic Play, Red Tiger and others | 5,300+ from 60+ studios EdgeAbout 5,100 are slots |
| Live dealer tables | Under 100About 3% of the library | 210+ EdgeAbout 4% of the library |
| Game details shown | RTP, volatility, house edge Edge | Not mentioned in the review |
| Licence | Anjouan Gaming BoardOwner: Gravity Unleashed (Costa Rica address) | Anjouan Gaming BoardNo. ALSI-202409034-FI2, Eskimo Adventures Ltd |
| Cards, PayID, fiat | Not accepted | Not accepted |
| Coins accepted | 10+, incl. BTC, ETH, USDT | 11, incl. BTC, ETH, USDT |
| Minimum deposit | No minimum listed | $1 |
| Minimum withdrawal | 2.5 USDT, 0.001 ETH Edge | $10 on every coin |
| Withdrawal speed | Instant to a few minutes Edge | 5 to 60 minutesAbout 6 minutes in the reviewer’s test |
| Withdrawal fees | Apply; amount not published | $1 to $3, plus network fee |
| Mobile app | No, browser only | No, browser only |
| Support | Live chat 24/7 and email Edge | Live chat 24/7; no email or phone |
| Site languages | English | 12+ EdgeSupport is English only |
| Rewards model | Up to 70% rakeback + 10% lossback, VIP levels | 20% opt-in rakeback, VIP transfer up to $7,000 |
Withdrawal fee calculator
Enter a cash-out amount to see what Cybet’s listed $1 to $3 fee takes. Network fees are extra.
Thrill’s fee amount is not published in the review, so check its cashier. More in crypto casino payments in Australia.
Source: Casino.org’s expert reviews of Thrill and Cybet (Canadian editions), checked 15 October 2026. Terms can differ in Australia. “Edge” marks the stronger side of a row; percentages and the fee calculator are our own calculations. Currency is as listed in the source. 18+ only. We may earn a commission from links on this page. Gamble responsibly: get help here or call Gambling Help Online on 1800 858 858.
How we check the numbers
Casino pages are full of unsourced claims. Every figure on this site follows three rules. The full scoring method is in how we rate.
Sourced and dated
Each number comes from a named expert review and carries a check date. This page’s figures were last checked on 15 October 2026.
Cross-checked
Where a second credible outlet covers the same casino, we compare. When the two disagree, we show the conflict below instead of picking the nicer number.
Our own maths is labelled
Library shares, fee percentages and edge counts are our calculations from sourced inputs, and we say so wherever they appear.
Where the sources disagree
These are the claims we found conflicting while researching Thrill and Cybet. Check them on the casino’s own site before you rely on any of them.
| Claim | What we found | How we treat it |
|---|---|---|
| Thrill’s game count | Casino.org’s review text says 3,000+, its fact table on the same page says 5,000+, and The Spike reports 2,300+. | We use 3,000+It matches the review’s headline and body text. |
| Thrill’s welcome bonus | Casino.org’s Canadian review lists up to 70% rakeback plus 10% lossback. The Spike’s reviewer saw no welcome bonus at sign-up in their region. | Region-dependentWe show the Casino.org offer and tell you to confirm what Australian sign-ups get. |
| Cybet’s licence | Casino.org lists an Anjouan Gaming Board licence with a number. Several low-quality pages claim a UK Gambling Commission licence instead, without a licence number. | AnjouanAny licence claim without a checkable number is ignored. See how to check a licence. |
| Thrill and ID checks | One part of Casino.org’s review says sign-up needs no verification, another lists a photo ID and proof of address within 24 hours. | Assume checks can happenThe review itself says KYC is not required for all players. |
Questions Aussie players ask first
Short answers based on the sourced figures above. This is information, not legal or financial advice.
Are Thrill and Cybet legal in Australia?
Can I pay with PayID or a card?
Which one pays out faster?
Do I have to verify my identity?
What are rakeback and lossback?
Is there an app?
What player-protection tools do they offer?
Play safe, whatever you choose
Three habits that protect your money
- Set a limit first. Decide a deposit limit before the first deposit and use the casino’s limit tools to lock it in.
- Treat crypto as cash. Withdrawals cannot be reversed, so double-check the wallet address and network before you send.
- Stop when it stops being fun. Chasing losses, hiding play or borrowing to gamble are signs to take a break and talk to someone.
BetStop, Australia’s national self-exclusion register, is built for licensed Australian wagering providers, so it will not cover offshore casinos. On offshore sites, the casino’s own self-exclusion is what you have.
Need to talk to someone?
Free, confidential support, available any time.
1800 858 858Gambling Help Online: gamblinghelponline.org.au
18+ only. We may earn a commission from links on this site.
How crypto casinos work for Aussies: from wallet to cash-out
Short version: a crypto casino takes deposits in coins like Bitcoin, Ethereum or USDT instead of cards, holds your balance on its own system, and pays out to a wallet address you control. Transfers cannot be reversed, fees are paid in coin, and the operator is licensed offshore, not in Australia.
The money path, step by step
Think of it as five hand-offs. Each one has its own cost or risk, which is why the cheap-looking $1 deposit is not the whole story.
Buy coins with AUD
Use a crypto exchange to buy Bitcoin, Ethereum or a stablecoin such as USDT.
Cost: exchange fee and spreadSend them to the casino
Copy the deposit address from the casino’s cashier and send on the same network it asks for.
Risk: wrong network or address means lost fundsWait for confirmation
Your balance appears once the blockchain confirms the transfer.
Cost: network feePlay from the casino’s balance
The casino tracks your balance on its own books. The coins sit in its custody, not in your wallet.
Risk: you rely on the operator to pay outWithdraw to your own wallet
Request a payout to an address you control. Check the minimum and fee first.
Cost: casino fee plus network fee
What it looks like at Thrill and Cybet
Both casinos are crypto-only and accept no cards or PayID. Figures below come from Casino.org’s expert reviews (Canadian editions), checked 15 October 2026, and may differ for Australian players.
| Step | Thrill | Cybet |
|---|---|---|
| Deposit minimum | None listed | $1 |
| Withdrawal minimum | 2.5 USDT or 0.001 ETH | $10 |
| Payout time | Instant to a few minutes | 5 to 60 minutes |
| Withdrawal fee | Applies, amount not published | $1 to $3, plus network fee |
A flat fee hurts small cash-outs most: $1 to $3 on a $10 withdrawal is 10% to 30%, but only 0.2% to 0.6% on $500. Try your own amount in the fee calculator, or see the full Thrill vs Cybet comparison.
Which coin to use
The coin decides two things: how much its price can move while you play, and what you pay to move it. Network fees change with congestion, so check the cashier’s quote before you send.
| Coin type | Price movement while you play | Worth knowing |
|---|---|---|
| Bitcoin, Ethereum | Can swing a lot, up or down | Your balance in AUD terms can change before you cash out. |
| Stablecoins (USDT) | Tracks the US dollar, so little coin-price risk | You still carry the AUD to USD exchange rate. Many networks carry it, so confirm which one the casino uses. |
The tax side in Australia
The ATO treats crypto as a capital gains tax asset. Its guidance says a disposal can include swapping coins, converting crypto to AUD or using crypto to buy goods and services, and that you need to keep records of every crypto transaction. It also notes that paying a transfer fee in crypto is itself a disposal.
Practical point: every buy, swap and withdrawal-to-exchange leaves a record you may need at tax time. Whether a casino deposit counts as a disposal depends on your circumstances, so ask a registered tax agent. This page is information, not tax advice.
Where it can go wrong
- Wrong network. USDT exists on several networks. Sending on one the casino does not support can lose the funds for good.
- Small cash-outs. Flat fees and minimums can eat a big share of a small balance.
- Offshore licence. Both casinos hold an Anjouan licence, which Casino.org notes is less strict than local licences. No Australian regulator licenses them. Read what an Anjouan licence means and the legal position in Australia.
- Irreversible transfers. There is no chargeback on a blockchain payment.
Checklist before your first deposit
Keep reading
Sources: Casino.org reviews of Thrill and Cybet; ATO, Tax and crypto asset investments. Fee percentages are our calculations.
18+ only. We may earn a commission from links on this site. Gamble responsibly. Free, confidential help: Gambling Help Online, 1800 858 858.