- 100% welcome bonus up to 5 BTC
- Provides wide range of casino games from classics to newest and hottest
- Allows multiple cryptocurrencies in one wallet
With hundreds of bitcoin betting sites to choose from in 2023, the Bitcoin sports betting industry is becoming extremely competitive. Increasing competition has prompted bitcoin betting sites to offer more benefits and bonuses to attract high rollers and gamblers alike.
Because Bitcoin and crypto sportsbooks offer fast deposits and withdrawals, low fees, and a larger selection of games, they have become increasingly popular.Latest update 16 February 2023
Depending on your location, financial situation, and other factors, the best Bitcoin betting site may not be the best for you. Bitcoin betting might require specific conditions depending on where you live and your financial situation.
Consider the following factors before betting with crypto. Determine what you are looking for, write down your answers, and analyze each result. Identify your three preferred bitcoin betting sites, and consider which factor is most important to you.
If you try them out before choosing one or two, you’ll be able to switch between the bitcoin betting sites you find most enjoyable or profitable.
In terms of BTC betting, the most important factor is whether you can bet bitcoin on sports from your location. Since BetOnline is one of the few US-based Bitcoin betting sites, it’s your preferred option if you’re a US-based customer for example.
For residents of the UK, EU, and other countries where Stake operates legally, there are other betting sites that accept Bitcoin, such as Stake. Make sure you check that first.
When you’ve found the best bitcoin betting sites in your area, you should check their reputation after you’ve found them. For example, Sportsbet and Stake have full licenses from Curacao, a country known for its gambling-friendly laws. That’s the case with most crypto betting sites.
Due to this, you should carefully consider their reputation and customer service, as they may differ in ways that will affect your enjoyment and profits.
Think about how they resolve public disputes, how they communicate with their customers on public forums, and what people say and write about them on and off these forums when researching their reputation.
Each of these best crypto betting sites we present has already been thoroughly researched, so you don’t have to do that yourself, but if you want to double-check, you can. ADR (Alternative Dispute Resolution) services can also be used to control the behavior of the crypto sportsbook you choose.
It is through these types of services that the customer can see that the site cares about having a positive reputation.
Last but not least, you should consider how long each crypto sportsbook has been in operation. The best bitcoin betting sites that have been around for a long time show that their reputation is good enough to keep people coming back and that they care about their existing customers.
There are many crypto sports betting sites that offer similar sports, but some of them also offer exclusive sports. In fairness, it’s rare to find exclusive sports available for betting on any sportsbook these days, since Bitcoin sports gambling sites know what sports people want to wager on.
It is important to note, however, that not every crypto sportsbook offers the same level of competitive odds and depth of lines. Sports betting bitcoin sites that offer a wide variety of sports and competitive odds have a clear advantage over other sports betting bitcoin sites.
You can play anonymously at BTC sports betting sites, which is perhaps their greatest advantage. By depositing and withdrawing only in cryptocurrencies, you can remain anonymous to the best bitcoin sportsbooks.
Being anonymous gives you greater control over your ID and identity, more financial privacy, and protection from anyone who might disapprove of or prohibit your BTC sports betting. Consider bitcoin sports betting websites that offer anonymous options if these benefits appeal to you.
To cash out your winnings, make sure the platform you choose offers the payout speeds and terms you need. If you win big with a crypto bet, you can cash out your profits right away and convert them back into something stable like a stable coin or fiat currency.
Fiat or stablecoins can be cashed out without risking losing value if crypto is fluctuating. Some bitcoin betting sites, however, may limit your withdrawals on a weekly, monthly, or daily basis.
If that occurs, and if the crypto sportsbook you selected is trustworthy, you can withdraw the maximum amount allowed each week until all your winnings have been withdrawn. Cryptocurrency values fluctuate frequently, so keep that in mind
Crypto may have made it worth less (or more) by the time you withdraw everything if you win big and are limited to one withdrawal per week.
You should select a crypto betting site with a comprehensive VIP program and lots of entertaining promotions if you enjoy a good time at crypto betting sites. Crypto sports betting sites offer some of the best welcome bonuses for newcomers to sports betting with bitcoin.
Additionally, many crypto sports betting sites accept other cryptocurrencies, including BTC, ETH, LTC, USDT, PAX, OMG, LINK, and many others, besides BTC or ETH.
The blockchain network is used for crypto sports betting, so players must own digital coins in order to make a transaction. Remember, every crypto casino only accepts specific virtual currencies. Make sure you’re comfortable with the crypto payment options before signing up. You can learn how to bet on crypto sports by following our step-by-step guide.
Buy bitcoins and send them to the best bitcoin sportsbook.
Have fun, and bet with Bitcoin.
There are a few things you’ll love about crypto sports betting: bonuses. Unlike traditional online gambling platforms, Bitcoin casinos and crypto betting sites, in general, usually offer attractive bonuses and promotions. Let’s look at them one by one. Understanding them before signing up is helpful.
In most online virtual currency casinos, welcome bonuses are the most rewarding among all the promotions that are offered on their sportsbooks. As a way to market and attract new customers, the platforms are willing to give a huge chunk of their profits back to players. Welcome bonuses can be divided into no deposit and deposit welcome bonuses.
The no-deposit bonus is added to the new player’s account as soon as he or she signs up. Alternatively, welcome deposit bonuses usually require new account holders to deposit a minimum amount of funds into their account before receiving the welcome bonus, which is matched up to the deposit amount.
For example, if a casino offers a 150% deposit bonus, and a client funds $100 into their betting account, they will receive a $150 welcome bonus. Read through the terms and conditions of all sportsbooks carefully when it comes to rewards.
In order to motivate players to deposit money, cryptocurrency betting sites offer deposit match bonuses. They want more business from you, so they promise to top up your deposit with a bonus every time you deposit. Unlike welcome bonuses, these promos do not target new players. Casinos usually have three types of gamblers: new sign-ups, regular players, and VIPs.
Gamblers get some of their funds back through cashback offerings. They work by giving gamblers a longer lifeline if they lose a bet. They work like insurance as they are a form of insurance for gamblers. They vary by operator. Since cashback is effective in client retention, online sportsbooks offer them to different categories of gamblers because they can be tied to every trade, every week, or even the total losses for a month.
As the name suggests, online sports betting casinos provide match-up bonuses whenever players reload their gambling accounts. However, there is a difference between reload bonuses and deposit match-up bonuses. Match-up bonuses can also be categorized as reload bonuses that are applied to existing players. Reload bonuses can be offered by online casinos to all players or to specific groups. Reload bonuses are generally associated with particular events or days.
In addition to welcome bonuses, you may come across reload bonuses on Mondays or Sundays, as well as weekly or monthly. These offers aren’t as huge as welcome bonuses, but they still count since they are usually repeated.
Though Bitcoin Betting Exchanges may seem new, they’ve been around for a while. What exactly is a Bitcoin Betting Exchange? Well, to answer the question, we need to recognize that these are two separate words combined. Bitcoin Betting = Bitcoin Exchange. Could Bitcoin Betting Exchanges be defined as Bitcoin Betting sites with an exchange? Well, that sounds good, but it’s not exactly true.
Players on Bitcoin betting exchanges bet against each other, similar to Bitcoin betting sites. In traditional sportsbooks, gamblers play against the bookmaker, who adds a spread on every bet they place. As a result, traditional sports betting is naturally more expensive for players than Bitcoin sports betting exchanges. Some of the top Bitcoin betting exchanges are:
Fairlay: Top liquidity Bitcoin Betting Exchange
BetOpen.co: Multi-lingual Bitcoin Betting Exchange
Bookmaker.EU: US Accepted Bitcoin Betting Exchange
BetBTC: High Odds Bitcoin Betting Exchange
Betmoose: Create your own Bets
There are many types of sports betting, so you need to understand them from the get-go. One of the factors that make it enjoyable is the wide variety of sports betting methods.
Moneyline: Simple and most common is the zero-sum bet. If you bet on a certain team, you only win if they win. If they lose, you lose.
Point Spread: The point spread allocates a margin to a team’s odds of success. For example, a margin of -8 means your team must win by at least 8 points. The opposing team would have a margin of +8, which means it cannot win by more than 8 points.
Over/Under (Totals): This is also called the point total sports bet or over/under. A bettor bets on whether two teams’ combined scores will go under or over a set total.
Parlay Bets: Multi-bets or parlays are common in crypto sports betting. Parlay bets only win when all of the legs or bets make up the parlay win. In other words, if three legs out of four wins, then you lose the entire bet. As they require only a small amount of bets, parlay bets are attractive because the winner will receive enormous rewards.
Prop bets: There are several types of prop bets, but most of them are not directly tied to the outcome of the game. For example, a bettor can wager on a single player’s performance instead of the entire team. This is called a player prop. We also offer a game prop, which allows one to wager on specific events that may occur during the game, such as a team scoring first.
Online betting with crypto has its advantages and drawbacks. Here we will take a closer look at what´s good with crypto betting and what’s not so good. Let´s start with the pros.
Low to no fees
Easy account creation
High payment limits
The market can be highly volatile
You can´t reverse transactions
There is very little reliable data about the future of crypto sports betting as it is still a relatively new phenomenon. There are currently several virtual coins available for wagering, including Ethereum, Bitcoin, Dogecoin, Litecoin, Solana, and Stellar. Transactions are faster, more secure, and more anonymous than they were in traditional sports betting. Transaction fees have also declined significantly.
Innovations will naturally increase as more casinos and sportsbooks adopt cryptocurrency in gambling.
In the future, crypto will lead to the introduction of pure digital coin sports betting, where fiat will become a thing of the past. Blockchain’s immutability will ensure greater security and fairness and eliminate trust issues between bookmakers and players. It is likely that crypto will have the greatest impact on sportsbooks in the future through Decentralized Finance. DeFi uses the Web3 and Metaverse, both of which come with new technology sets.
While it’s impossible to predict what will happen in the future, it’s undeniable that we are heading toward fully immersive sportsbooks with integrated crypto payments and even NFT horse racing.
Earning cryptocurrencies can be done in a variety of ways. There are a number of ways to earn cryptocurrencies, including mining, accepting digital currencies as payment, receiving crypto gifts from family and friends, or buying from cryptocurrency exchanges such as Binance and Coinbase. There is one option left; sports betting. It is convenient and fun to earn cryptocurrencies this way.
Moreover, you can do it in your free time since it doesn’t require your time. As a result, the investment requirements are small when compared to the expected returns. For a $20 investment, you can earn as much as $5000 in crypto. Because of this, crypto sports betting is exploding. Blockchain technology also has other benefits, such as safety, which contribute to its popularity.
Despite this, cryptocurrencies remain some of the most volatile assets in the financial industry. Do not invest money you cannot afford to lose.