Author:
Alexander Foster
Last Updated on:
04/05/2022
Table of Content
- Helping you pick a sports betting crypto site
- How we reviewed each cryptocurrency betting site
- Why crypto sports betting sites are so good
- How to start crypto sports betting
- Payment methods featured at cryptocurrency betting sites
- Sport featured at cryptocurrency betting sites
- Using bonuses at a crypto sports betting site
- Staying safe when using Bitcoin betting sites
- More types of crypto gambling sites to enjoy
- Why you should be cautious about using a crypto gambling site
- Conclusion – Check back to play with the greatest crypto betting sites
- Crypto betting sites FAQ
Helping you pick a sports betting crypto site
We’ve created this resource to simply help you find the ultimate Bitcoin betting sites. While many betting sites take crypto payments, not all of them can be trusted for sports betting. Plus only the best Bitcoin betting sites will give you consistently competitive odds, a generous welcome bonus and a superior live betting platform.
This is why we have taken the time to carefully review any betting platform that will accept Bitcoin payments. Our reviews will cover everything from what the withdrawal limits are to how many betting markets you get for your favorite sport. Plus you’ll get a good understanding of why you can trust each of our recommended online bookmakers with your Bitcoin wallet.
We’re not saying that these kinds of cryptocurrency betting sites are going to automatically replace traditional betting sites. But once you take a look at our comparison of the best crypto sportsbooks, we think you’ll agree that there is no going back!
How we reviewed each cryptocurrency betting site
We wanted to be as accurate and honest as possible when it came to reviewing each site that offered cryptocurrency sports betting. As such, we submitted each crypto betting site to a series of tests that judged how well they fulfilled the following criteria:
- Welcome bonus: Just like the best casino bonuses, the best crypto betting websites will always give you a handy promo featuring lots of free bets to get you started in style.
- Usability: Just because you are using a crypto sportsbook doesn’t mean that you have to be a rocket scientist. We’ll help you find a crypto betting site and app that’s actually easy to use.
- Payments: Here you’ll discover how these online gambling sites take Bitcoin payments along with deposits from all other top cryptos. You’ll also learn about any fees, limits and processing times.
- Customer care: All of the best Bitcoin betting sites will give customers 24/7 support so that you get all of the help you need with your crypto betting.
- Licensing: You’ll want to make sure that the Bitcoin gambling site is licensed so that you get a safe and fair way to play.
- Rewards: It’s pretty common for a Bitcoin sportsbook to put on some kind of reward program that’ll give you credit for each bet you put down.
- Sports markets: Here you’ll discover what sports you can bet on and how you are allowed to do it. After all, more sports markets means more ways to find greater value.
- Competitive odds: It doesn’t matter what the sporting events are if the odds you’re betting on aren’t any good.
- Live betting: All good crypto betting platforms will let you enjoy live betting on sporting events taking place all over the world.
- Limits: Decent crypto sportsbooks will always let you bet however much you want and there shouldn’t be any unreasonable caps on how much you can win.
Why crypto sports betting sites are so good
You’ll have probably heard a lot of hype about Bitcoin betting sites and have ended up here as a result. While there is plenty of misinformation about Bitcoin sports betting sites, we’re glad to report that there are plenty of advantages to using a Bitcoin betting site for your sports bets. So here are just a few reasons why you might want to try putting down some crypto bets:
A new payment technology
We’re still not sure whether cryptos are going to save the world like a lot of people say, but there is no doubt that they are overcoming many of the problems that you get with a regular fiat currency. After all, a cryptocurrency won’t suffer the same kinds of inflationary pressure suffered by a standard currency and you won’t be hit by the same delays, limits and costs implemented by a central banking organization.
No geographical limitations
Most cryptocurrency betting sites accept customers from all over the world. This is because cryptos exist outside of any individual governments’ control. There are plenty of legit crypto betting sites site that bear licensing from the Curacao Gaming Authority which accepts players from many different countries. All of which shows that where you’re living from doesn’t have to define how you enjoy sports betting.
Fast payouts
Ever tried making a withdrawal from a betting site into your bank account? Then you’ll know that it can take a very long time for the withdrawal to show up. But if you don’t want to wait around a week to get your winnings, you’ll want to try a Bitcoin betting site. After all, you’ll commonly get paid within 24 hours of having your withdrawal processed depending on how fast the underlying blockchain technology is.
Higher withdrawal limits
We’ve seen most cryptocurrency sports betting sites will let you withdraw higher amounts with cryptos when compared to regular currencies. The same applies to deposits where you’ll find the best Bitcoin betting sites won’t even put a cap on how much you can add to your account. Great for anyone who wants greater freedom in how they move their money around.
Anonymous sports betting
Creating a betting account often requires you to have to supply a large amount of personal information like your name, address, date of birth and even a scan of your passport. However, Bitcoin betting sites will often skip all of this and you can sometimes sign up to these sites with just an email address. This offers you plenty of benefits in that you don’t risk providing an unknown company with some potentially sensitive personal information. Plus it could also be good to not have any form of gambling showing up on your bank statement.
Rise in value
You’ll have seen pretty much all major cryptos like Bitcoin, Ethereum, DogeCoin and Bitcoin Cash enjoying a rapid rise on value in recent years. This is in marked contrast with what you get with regular fiat currency. As such, the investment you made with a crypto could help you earn even when you’re not playing at any Bitcoin betting sites.
How to start crypto sports betting
Want to start cryptocurrency betting? Well, the good news is that it is fast and easy to do so. Follow these steps and you’ll be betting at a decent crypto sportsbook in next to no time!
Pick a crypto sports betting site from our list
We’ve created a handy shortlist of all operators who facilitate cryptocurrency betting. Remember that we’ve carefully reviewed each of these gambling sites to make sure that they are safe and can be trusted. Once you’ve picked a Bitcoin betting site, you will need to register an account which is usually a fast and simple process. Just don’t forget to enter in any promo codes so that you can get a very nice online betting bonus!
Buy your cryptocurrencies
Next it’s a matter of actually buying your crypto assets from a cryptocurrency exchange. Bear in mind that most crypto sports betting platforms will only accept payments from major cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, LiteCoin and so on. It’s also a good idea to double-check that the exchange lets you make payments to Bitcoin betting sites.
Set up your Bitcoin wallet and deposit
There are a variety of different crypto wallets that all perform the same basic function of storing your cryptocurrency assets. Once you have added the cryptos to your wallet, you can go to the betting site’s deposit area and you can then paste in the public address linked to your betting account in your wallet, select how much you want to deposit and then complete the transaction. Be aware that it might take a few hours for the deposit to go through depending on how busy the blockchain is. But once the funds are in your account, you can start playing on the betting platform with your crypto deposit!
Our favourite places for crypto betting
Payment methods featured at cryptocurrency betting sites
More and more online betting sites are now taking payments with a variety of cryptocurrencies. This is why we won’t just show you the top Bitcoin betting sites, but will also account for how you can enjoy cryptocurrency sports betting with other digital assets like Ethereum, LiteCoin, DogeCoin, Ripple, Tether, Cardano, Bitcoin Cash and so on. Plus we’ll let you know whether the sportsbook features fiat currencies just in case you don’t want to get out your Bitcoin wallet.
Sport featured at cryptocurrency betting sites
Just because you’re using a Bitcoin wallet doesn’t mean that you should be in any way restricted in terms of the sports that you bet on. This is because the best bitcoin betting sites will let you bet on pretty much any sport you can think of.
As a result, you can come to any betting site featured here and know you’ll get odds for soccer, tennis, boxing, MMA fighting, Formula 1 motor racing, cricket and rugby. Plus any good betting site that accepts cryptos will give you lots of bets for all major US sports like basketball, football, baseball and hockey.
Don’t forget that we’ll also be checking these betting sites for how many betting markets they serve up for the biggest sporting encounters. After all, when it comes to those massive events like Champions League soccer and NBA basketball, you’ll want as many betting markets as possible to play with!
Using bonuses at a crypto sports betting site
We’ve found that most bookmakers who take cryptos will have some great promotions and special offers – take the BitStarz no deposit bonus or the one we found in our LuckBox review as good examples. These are deals that can do anything from giving you free bets to play with to refunding any losses you made. Here’s just a quick overview of some of the most common crypto betting promos:
- Matched deposit deals: These will give you free bets in accordance with how much you deposit at the betting platform. So the more you deposit, the more you get to play with.
- Losing bet refunds: Here you’ll get a refund if your first sports bet loses. Bear in mind that the refund will probably come in the form of free bets rather than withdrawable cash.
- Odds boosts: We love these deals as they simply give you enhanced odds for some of the biggest sporting events. Just expect to have to bet on some tricky markets.
- Parlay promos: Some bookmakers will give you deals that are specific to parlays or multi-bets. You may see some of them that give you a profit boost by adding more selections to your bet.
- Reward programs: Here you’ll get some kind of credit for each bet that you put down. It can take a long time to get much back from these deals, but they can be worth it in the long-run.
Staying safe when using Bitcoin betting sites
We should emphasize the fact that you’ll need to be on guard when you use any gambling site. After all, you will be playing with real money and you may also have to submit some personal information. All of this is made much more serious by the fact that there are many rogue operators out there who pretend to give you a legit crypto betting service when the opposite is true.
So we have made sure that each of the betting sites featured here has been thoroughly vetted to make sure that it is acting legally and can be trusted. Just because you are playing with cryptos doesn’t mean that you should risk your online security. So make sure that you only play with our recommend sites for the best way to hone your crypto betting strategy.
More types of crypto gambling sites to enjoy
Of course, we’ve been focusing on crypto sports betting sites here, but it’s important to remember that the crypto betting revolution is affecting pretty much all areas of online gambling. Here’s a quick look at other ways that you can try your luck with your cryptos:
Play at a crypto online casino
The gambling market is packed with online casino sites that now take crypto payments. A good crypto casino site will feature literally thousands of slots and table games like roulette, blackjack and baccarat. Plus you might find some casino games that have directly been inspired by blockchain technology. Beyond this, crypto online casinos should look and behave like any good casino site – just that you’ll have a much faster and more enjoyable way to play those classic casino games!
Try a crypto esports betting site
Esports has grown up alongside cryptocurrencies and so it’s no major surprise to find that there are lots of great esports betting sites that take crypto payments. This means that you’ll have a speedy way to check who has the most competitive odds for all of the classics like Counter Strike Global Offensive, League of Legends and Dota 2.
Enjoy crypto betting on virtual sports
Virtual sports might not be for everyone, but they can be a great way for sports fans to stay entertained while waiting for the big game to begin. You can find virtual sports for most things ranging from basketball and soccer to horse racing and cycling. Plus a growing number of crypto betting sites offer virtual sports, so there’s truly no excuse for missing out.
Why you should be cautious about using a crypto gambling site
On the whole, we think that while the rise of crypto sports betting is a good thing, there are a still few things that you’ll need to be wary of. Here are some drawbacks that you should understand before you put down your next crypto bet:
Crypto volatility
All cryptocurrencies are notoriously volatile. The value of Bitcoin has slumped by massive amounts on more than one occasion which could obviously have a big impact on your wagering bankroll and how much you actually make from your crypto sports betting.
Scam Bitcoin betting sites
Sadly, cryptos still attract a lot of attention from scam operators and this is something that has infiltrated the world of gambling. As a result, there are lots of fraudulent Bitcoin betting sites out there that’ll happily take your deposits and give you nothing in return. You can simply avoid this by only playing with the betting sites that we recommend here.
Irreversible transactions
Once you’ve made a crypto deposit, you can’t get it back. So if you’ve made a mistake, it’s simply gone forever. Definitely a good reason to double-check each deposit you make to a Bitcoin sportsbook.
Conclusion – Check back to play with the greatest crypto betting sites
By now, you’ll understand that we’re on a never-ending mission to rank and rate all Bitcoin betting sites. The good news is that there are more sports betting sites that are starting to take crypto payments than ever before. Plus we’ve seen plenty of cryptocurrency betting sites appearing recently.
So we’ll keep this resource updated so that you always get a fair and accurate picture of the latest and greatest cryptocurrency sports betting sites. All of which should mean that you’ll never be too far away from some amazing betting odds and some generous welcome bonus deals. So bookmark this page and always play with the greatest cryptocurrency betting sites!
