Bitcoin sports betting has been growing in popularity in recent years. With an increase in Bitcoin and other crypto adoption, people all over the world are looking for ways to bet on sports with Bitcoin, and sites have been popping up everywhere.
We tested and reviewed the top Bitcoin sportsbooks so that you can choose the best one when you place your next sports wager with crypto. Below is our list of the best Bitcoin betting sites. These sites all allow you to deposit and withdraw crypto easily.
Best Bitcoin Betting Sites
Stake is a fairly new betting platform that has been growing in popularity very quickly. They have some of the best odds in the business, and they make depositing and withdrawing your crypto really simple. They offer sports betting and they have an online casino.
There are quite a few videos of celebrities online betting on sports and playing at the Stake casino, and they even signed a partnership with multi-platinum artist Drake. They are also an official UFC betting partner. They are definitely one of, if not the, most trusted bitcoin sports betting site. Because of this they can afford to offer amazing bonuses and some of the best odds you will find.
One of the best bitcoin sportsbooks right now is undoubtedly Cloudbet. They allow you to place bets on everything from fights to Esports and everything is super easy to use. You can literally create an account in a few minutes.
To get started you just create an account, send your crypto to the Cloudbet Wallet, and then get amazing odds, higher limits and easy cash outs when its time to take your winnings. This is an awesome platform with a great reputation. They are a true pioneer in crypto sports betting and also have a very wide range of in-play bets available for nearly all events. It’s a good time to sign up with them right now because they are offering a 100% bonus on any deposits up to 5BTC.
Whether you’re looking for a good bitcoin betting site for sports or casino, Cloudbet has it all. They also allow you to buy, deposit and bet with many other cryptocurrencies, so this is a good account to have.
Duelbits.com is a bitcoin sportsbook and crypto casino that allows you to bet on every sport, just like with your standard sportsbook. You can bet on NBA, NHL, NFL, UFC, Boxing and more, and all in crypto. They accept Bitcoin, Ethereum and a bunch of other cryptocurrencies for payments and withdrawals which makes everything very convenient.
This is one of our favorite bitcoin betting sites because they have great odds and promotions such as early payout bonuses, cashback on bets and deposit bonuses. It’s really easy to sign up for Duel Bits and when you want to make a withdrawal, the whole process is painless.
This site offers some great blockchain sports betting on Soccer, Basketball, Tennis, Baseball, Football, Hockey, Boxing, MMA, Esports and much more.
Thunderpick has quietly become a major decentralized sports betting site, and there is a good reason for that; they offer a wide range of markets and make it super simple to deposit and withdraw crypto on their platform. You can choose from Bitcoin, Ethereum, Litecoin, Tether, XRP, BitcoinCash and more as a deposit or withdrawal method.
They have built a reputation as a top anonymous Bitcoin sportsbook that offers a great range of markets. Thunderpick is much more than your standard Bitcoin sportsbook. They offer some of the best coverage and odds on Esports and some of the very top titles like League of Legends and Dota. Their specialty is sports betting, where nearly every sporting event is available to bet on with cryptocurrency. They have an awesome Cash Out option that allows you to partially cash out your bet before the event ends, which is always great.
If you’re looking for a bitcoin sportsbook that offers more than just sports betting, then BC.game is a great place to start. This site offers a generous bonus on deposits and accepts just about every major cryptocurrency.
On top of a wide range of markets in the sportsbook, they also have a live casino, slots, and lottery. This is one of the bigger online crypto sportsbooks and casinos, so they are able to offer a wider range of markets. Similar to the other Bitcoin betting sites on this list, they allow depositing and withdrawals with most cryptocurrencies, not just Bitcoin. This site has many raving customers which is why it has become one of the most popular online crypto casinos.
MyBookie.ag is an awesome sportsbook and online casino that allows betting with Bitcoin as one of it’s depositing methods. They still allow standard methods like credit card or wire transfer and currently only allow Bitcoin as cryptocurrency for deposits. They will likely expand to other cryptocurrencies in the future, but currently offer only Bitcoin and other standard deposit methods.
They have great odds on their Sportsbook and Live Betting markets. They have a nice little Casino. I personally use them to bet on Boxing and MMA fights as I find they have some of the best odds. Always easy to deposit and withdraw, with lots of betting options available.
Now that you’ve seen our top 7 recommended Bitcoin Sports Betting sites, let’s dig dipper into the pros and cons of each Bitcoin Sportsbook in our list. The following is a detailed breakdown based on our research and experience.
Best Crypto Sports Betting Sites: Reviewed
These are the top Bitcoin Sportsbooks and Crypto betting sites. Let’s review the pros and cons of each site.
1) STAKE – 9.7 / 10
✅Good reputation. From all reviews we have read online, and from our experience, the Stake online sportsbook and casino have always delivered on their promises. It’s almost impossible to find someone with something negative to say about the company. Crypto deposits always arrive on time, as long as you send to the correct address (which they tell you), and withdrawals always arrive on time. There are many videos online of people using the site for sports bets and online casino.
✅Gaming license. Although we all know the world of crypto can sometimes be the wild west, it is important that your choice of sportsbook has a legitimate gaming license, no matter if you are wagering crypto or cash. It just makes things more guaranteed and less shady. Stake has a Curacao license, which means it has received some certification and due diligence.
✅Easy to deposit and withdraw. Unless other more deeply regulated sportsbooks that ask for all kinds of information, the Stake online sportsbook allows you to deposit and withdraw with ease, you just have to have crypto. There are also no limits or delays because crypto is the primary type of currency. This makes things easier all around and you will feel it once you start using them to place bets. You can either send crypto you already hold to the Stake address, or you can buy it directly on their site. When it’s time to make a withdrawal just let them know your crypto wallet address and your funds will be sent to you instantly. There is no longer a need to wait a few days for verification or wire transfer delays.
✅Fast registration. In order to register for Stake you just need to supply your email, username and password, along with a few other pieces of information. Once you’ve done that, just verify your email address, send crypto to you Stake wallet address, and you are ready to start betting on sports with bitcoin or with one of the other types cryptocurrencies they accept.
✅Crypto only. This site only accepts crypto as a form of deposit. You can deposit Bitcoin, Ethereum, XRP, Litecoin, Dogecoin, Tron, Bitcoin cash and a few other coins. You can also withdraw in these coins. Since this is a crypto sportsbook, they only accept crypto. You can convert crypto to cash at any of the major crypto exchanges afterwards.
✅Fantastic customer service. The Stake customer service is one of the best we’ve seen at any sportsbook, fiat or crypto. Whenever you have a question or other issue, you have a few different ways to contact them. Firstly, you can use the “live support” option, to get a live agent at any time who can help with most issues. You can also email them at their support email address if you have any issues. They have a quick response time.
✅Great VIP program. This sportsbook has a great VIP program that rewards people who use them as their primary sportsbook or casino. The Stake VIP program rewards you for each wager you place. The more you use them, the higher your VIP level. The higher the VIP level, the more benefits. Some benefits include, reload bonus, rakeback, weekly boost and monthly bonuses.
❌Not anonymous. Unfortunately, there are rules when it comes to gaming, and despite being a primarily crypto casino, it is not possible to play anonymously on Stake.
2) CLOUDBET – 9.1 / 10
✅Gaming license. Cloudbet is another crypto sportsbook with the popular Curacao License. Curacao is ann island country, which makes it somewhat remote. The fact that the people at Cloudbet went through the trouble of getting a licenses says something about their professionalism. This is the same type of license that Stake.com has, and seems to be the gold standard of crypto sportsbooks.
✅Very Secure. As we all know, crypto is a risky asset, that many hackers try to take advantage of. Cloudbet holds all crypto deposits in cold storage, the most secure type of wallet. This is one of the reason they have a reputation for being one of the most secure crypto casinos.
✅Great In-play betting. This crypto sportsbook consistently has a large amount of in-plpay markets for pretty much every event, from Football to MMA. They even have in-play betting on esports, which allow you to bet on everything from first kill to first map won. When it comes to more traditional sports like Basketball, Football, Baseball or Hockey, they always have creative live play markets with better than average odds. These guys are know for their in-play betting options.
✅Fast registration. Like other crypto sportsbooks, it’s super easy to register on Cloudbet. You just use your email to create an account, send crypto to your Cloudbet wallet or buy bitcoin on the site, and place your bets. Easy and simple.
✅Accepts multiple forms of deposit. Although this site is mainly a crypto sportsbook. If you don’t have crypto, you can buy some on the site with your credit card, and it will be credited to your sportsbook account once the transaction is complete. In addition, they accept many types of crypto including, Bitcoin, Ethereum, Tether and more.
✅Anonymous betting is allowed. Unlike other bitcoin sportsbooks on our list, Cloudbet allows you to bet anonymously on their site. You just need an email address to sign up.
❌Customer service could be better. If you look around online you will find a few cases of people unsatisfied with the customer service they received on Cloudbet. Either the customer agent took too much time to answer them or did not give them the answer this wanted. Although it is normal to have a few negative reviews when you are such a big crypto sportsbook, if there are too many it could begin to raise questions.
3) DUELBITS – 8.7 / 10
✅Strong VIP program. The Duelbits crypto sportsbook has a solid VIP program, similar to that of Stake. Basically the more you bet the higher your level gets.
✅Verified Gaming License. It should come as no surprise that this bitcoin sportsbook also got it’s gaming license from Curacao. This is as legit as it gets in the crypto world.
✅Great customer service. Duelbits has great customer service. Anything related to customer service is pretty much dealt with through the live service agent who is super responsive.
❌Still a new crypto sportsbook and casino. This site is still pretty new so there is much said online about them yet. From the few bets we have placed with them everything seems legit. The platform is simple and clean, less complicated than other sites. As they grow everything will surely improve, but the platform is noticeably new.
4) THUNDERPICK – 8.6 / 10
✅Nice interactive platform. The Thunderpick casino and sportsbook has one of the nicer looking platforms. Really easy to use and everything is clear. They let you bet on sports, esports and they have a nice looking casino, all with Crypto.
✅Verified Gaming License. This site also got its gaming license from Curacao, which seems to be the only place handing out crypto gaming licenses these days.
✅Great Bonuses and rewards. Thunderpick seems to really care about their players. They have a nice 1st deposit bonus of up to 500 euros and they give monthly gift cards for using the site regularly. They also give you surprise reload bonuses when you make a deposit, and if you refer a friend to play on the site, you make extra money.
✅Very strong reputation. This site has a great reputation with present and past players. You would be hard pressed to find someone with something bad to say about them. They always payout and reward you from time to time for being loyal.
❌Not focused on sports. As a sports fan, I obviously prefer betting on sports with a strictly a sportsbook that focuses on sports. That being sais, this site does pretty well in offering a wide range of markets. They do like to emphasize the esports side of things which is my favorite, but hey, to each his/her own.
5) BC.Game – 8.6 / 10
✅Gaming License. Just like the other major crypto casinos, BC.Game holds a Curacao license. In their case it is a sublicense.
✅Strong Reputation. People seem to like BC.Game out there. There are nearly no complaints about the Casino online, and I see tons of videos and stories of people winning money with them.
✅Accepts most major cryptocurrencies. BC.Game stands out because they accept nearly all the major cryptos. They have a lot of Casino action on the site, but Sports is definitely a big feature. It’s good to know you can wager with the most common cryptos.
✅Incredible VIP Program. This site has a really awesome VIP program. They reward VIP players with things like free coins, all-expense-paid trips to exotic locations, Hotel Suites and more. They offer a lot more than VIP programs at comparable casinos or sportsbooks.
✅Fast customer service. This sportsbook has a really fast customer service response time. Just message them on the live chat and somebody usually answers quickly.
✅User-friendly platform. BC.Game has a very well designed site that is easy to use. You can tell that they put some thought into the look and feel of the site, which is another reason this crypto betting site is a winner.
❌Not Anonymous. Not everybody can be perfect, and with this casino you are not able to play anonymously. If it does not matter to you whether you bet anonymously or not, then this sportsbook is awesome.
6) MyBookie.ag – 8.5 / 10
✅Gaming License. This sportsbook is licensed and authorized by the Government of Curacao.
✅Accepts Fiat and Bitcoin. One of the great things about this sportsbook is that you can bet with fiat cash and with Bitcoin. They only allow Bitcoin as a Crypto, but that may change soon.
✅Great bonuses. This site has some pretty good bonuses for the sportsbook and casino. Right now they have a 50% sports welcome bonus on your initial deposit, and a 150% Casino bonus on your initial deposit.
✅Clean Design. This site is really easy to use and to place wagers on. Some sites are confusing and poorly designed, this site really shows the odds clearly and makes everything extremely simple.
✅Many markets to choose from. Whether you like the Sportsbook, Live betting, Casino or Racing, this site has it all and truly lives up to its name.
❌Only Bitcoin allowed as Crypto. This is a great sportsbook, but if I was to point out one flaw it is that when it comes to crypto, only Bitcoin is allowed. They also allow regular currency and traditional depositing methods, but when it comes to crypto, only BTC.
7) Betcoin.ag – 8.5 / 10
✅Gaming License. This sportsbook has a license issued by the Government of Curacao.
✅Great selection of betting options. From a top notch sportsbook, to standard Casino and live Casino games, there is no shortage of crypto betting options on this site.
✅Great bonuses. They are currently running a nice promotion where you get 100% bonus on your first deposit up to 1 BTC + 10 free spins at the crypto casino.
✅Excellent customer support. No matter what time of day or what the issue, Betcoin has great customer service and are very responsive. They also have a very active social media presence, so customers can always get help if needed.
✅Superb security features. This site uses the latest in security technology to keep players’ funds and information safe. They also offer a provably fair gaming system, ensuring that all games on the site are fair.
❌Some games can be expensive to play. Depending on which crypto betting games you’re playing , the fees can be quite high. This is to be expected with any online gambling site, but it’s something to keep in mind.
❌Not available in all countries. Due to licensing restrictions, Betcoin.ag is not available in all countries. However, they do have a large international player base.
Benefits of Bitcoin Betting Sites
Bitcoin sportsbooks and betting sites have many benefits compared to traditional online betting sites. Here we will discuss some of the benefits of Bitcoin betting sites, and provide some Bitcoin betting tips.
No Limits or Delays
The biggest advantage of Bitcoin betting sites is that there are no limits or delays. You can deposit and withdraw as much as you want, and the transactions will be processed instantly.
This is a huge advantage over traditional online betting sites, which usually have limits on how much you can deposit and withdraw, and often have delays in processing withdrawals.
One advantage of Bitcoin betting sites that many people love the most is anonymity. When you deposit and withdraw Bitcoin or Crypto, your personal information is not attached to the transaction. This means that your identity is protected, and you don’t have to worry about your personal information being leaked.
This is a big advantage over traditional online betting sites, which require you to provide your personal information when you sign up, and often leak this information to third parties.
Another advantage of these types of betting sites is that they often offer better odds than traditional online sportsbooks. This is because Bitcoin sportsbooks don’t have to pay fees to banks or credit card companies, and can therefore afford to offer better odds.
This is a big advantage for bettors, as it means you can win more money if you win your bets.
Tips for Betting with Bitcoin
Now that we’ve discussed some of the advantages of Bitcoin betting sites, here are some tips for betting with Bitcoin:
– Shop around for the best odds: As we mentioned above, different Bitcoin sportsbooks offer different odds. So make sure to shop around and compare the odds at different sites before placing your bets.
– Don’t bet more than you can afford to lose: This is good advice for any kind of gambling, but it’s especially important with Bitcoin betting since there are no limits on how much you can deposit or withdraw. So make sure you only bet what you can afford to lose, and never more.
– Keep your personal information safe: One of the advantages of Bitcoin sportsbooks is that they offer anonymity. But this also means that you have to be extra careful with your personal information. Make sure you only sign up for reputable Bitcoin sportsbooks, and never give out your personal information to anyone.
Fewer Location Restrictions
A big benefit that can make all the difference for some bettors is that Bitcoin Sportsbooks often have fewer location restrictions than traditional online betting sites. This is because Bitcoin sportsbooks are not subject to the same regulations as traditional online gambling sites.
This means that you can often bet on sports with Bitcoin from anywhere in the world, even if traditional online gambling sites are banned or geo restricted in your country.
Assets Can Grow in Value
When you are betting with Bitcoin, the assets you bet can grow in value. This is because Bitcoin is a digital asset, and the price can go up or down depending on market conditions.
This means that if you bet on a team or player who wins, you not only get the winnings from the bet, but also the potential increase (or decrease) in value of the Bitcoin you used to make the bet.
Best Cryptocurrency Exchanges to use for Bitcoin Sportsbooks
Before you can place a bet on a crypto betting site, you will need some crypto. While many of these Bitcoin sportsbooks allow you to purchase crypto directly on their site, that often comes with a fee from their third party processor. Often times, cryptocurrency exchanges have lower fees when purchasing crypto, so it sometimes makes sense to purchase your crypto on an exchange and then send it over to the crypto betting site so that you can start your betting. You will often time get more crypto for your money in this case.
When looking for a trustworthy and reliable cryptocurrency exchange to use for Bitcoin sports betting, it is important to do your research. Not all exchanges are created equal, and some are better suited for certain activities than others. These are the best cryptocurrency exchanges to use for Bitcoin sports betting and crypto betting sites.
Coinbase is one of the most popular cryptocurrency exchanges and is often recommended as a good place to start when buying Bitcoin. Coinbase is also a good choice for those looking to bet on sports with Bitcoin, as it is easy to use and has a user-friendly interface. One downside of Coinbase, however, is that it does not offer as many altcoins as some of the other exchanges on this list.
Binance is another popular cryptocurrency exchange that offers a wide variety of altcoins. Binance is a good choice for those looking to bet on sports with Bitcoin, as it has a user-friendly interface and offers a mobile app. One downside of Binance, however, is that it is not as widely accepted as some of the other exchanges on this list.
Kraken is a good choice for those looking for a more advanced cryptocurrency exchange. Kraken offers a wide variety of features, including margin trading and advanced order types. Kraken is also one of the most widely accepted exchanges, making it a good choice for those looking to bet on sports with Bitcoin. One downside of Kraken, however, is that it does not offer a mobile app.
Coinmama is a good choice for those looking for a simple and user-friendly cryptocurrency exchange. Coinmama offers a limited selection of cryptocurrencies, but is a good choice for those looking to bet on sports with Bitcoin. One downside of Coinmama, however, is that it is not as widely accepted as some of the other exchanges on this list.
Changelly is a good choice for those looking for a fast and easy way to convert between cryptocurrencies. Changelly is also a good choice for those looking to bet on sports with Bitcoin, as it offers competitive rates and is easy to use. One downside of Changelly, however, is that it does not offer a mobile app.
ShapeShift is a good choice for those looking for a fast and easy way to convert between cryptocurrencies. ShapeShift is also a good choice for those looking to bet on sports with Bitcoin, as it offers competitive rates and is easy to use. One downside of ShapeShift, however, is that it does not offer a mobile app.
Which exchange you choose to use will ultimately depend on your personal preferences. All of the exchanges listed above are good choices for those looking to use it at crypto betting sites. If you are new to cryptocurrency trading, Coinbase and Binance are good choices for their ease of use. If you are looking for more advanced features, Kraken is a good choice. And if you are looking for a simple and user-friendly exchange, Coinmama is a good choice. Whatever exchange you choose to use, be sure to do your research and always trade safely and securely.
Best Types of Bitcoin Sports Bets
Bitcoin sports betting has become one of the most popular ways to gamble with cryptocurrency. Not only does it offer a more secure and private way to bet than traditional methods, but there are also many different types of bets that you can make. From parlays to single bets and bet builders, if you can think of a type of bet, there is probably a way to do it with Bitcoin. The important part is to know which type of bet to use for each sport.
Parlay bets are best for sports with a lot of scoring, such as basketball and football. This is because you are essentially betting on the outcome of multiple games, which can increase your winnings if you are successful. However, it is important to note that parlay bets are also more risky, as you will lose your entire bet if even one of your predictions is incorrect.
Single bets are best for sports with fewer scoring opportunities, such as baseball and hockey. This is because you are only betting on the outcome of one game, which means that your chances of winning are higher. However, single bets also have lower payouts than parlay bets, so you will need to decide which is more important to you.
Bet builders are a type of bet that allows you to combine multiple bets into one. This can be helpful if you want to bet on multiple games but don’t want to risk losing your entire stake on a single game. However, it is important to note that bet builders can be very complex, so make sure you understand all the rules before you place your bet.
Prop bets are a type of bet that allows you to bet on anything other than the outcome of the game. For example, you could bet on how many points will be scored in a basketball game or who will score the first goal in a hockey game. Prop bets can be very fun and offer a way to add excitement to any game.
Moneyline bets are the simplest type of bet, as you are simply betting on which team will win the game. Moneyline bets can be placed on any type of sport and are a good way to get started with sports betting.
In-game bets are a type of bet that allows you to place a bet after the game has started. This can be helpful if you want to wait and see how the game is going before you place your bet. However, it is important to note that in-game bets are more risky, as the outcome of the game could change at any time.
Spread bets are a type of bet that allows you to bet on the margin of victory. For example, if you bet on a team to win by more than ten points, you would lose your bet if they won by nine points or less. Spread bets can be placed on any type of sport and can offer a way to make money even if your team doesn’t win the game.
These are just a few of the different types of bets that you can make with Bitcoin. The important thing is to know which type of bet is best for each sport. By doing this, you will increase your chances of winning and make the most out of your Bitcoin sports betting experience.
Best Sports to Bet on With Bitcoin
Bitcoin has taken the world by storm, and people are starting to use it for all sorts of transactions. One of the most popular uses for Bitcoin is sports betting. You can bet on just about any sport with cryptocurrency, but some are better than others. Here are the best sports to bet on with Bitcoin!
The UFC is the biggest Mixed Martial Arts organization in the world, and it’s quickly becoming one of the most popular sports to bet on with crypto. Bitcoin and cryptocurrencies allows you to bet on fights all over the world, and there are many different Bitcoin MMA betting sites that offer UFC/MMA markets. This gives you many different betting options including straight bet, parlay and fight outcome, which are some of the most popular bets for UFC events.
Basketball is another sport that’s growing in popularity, and it’s easy to see why. The NBA is the biggest basketball league in the world, and there are many other leagues all over the globe. You can use Bitcoin Basketball bettings sites to bet on games from all Basketball leagues with Bitcoin, and there are plenty of markets to choose from. From Euro leagues to the NBA, there is always some action. NBA playoffs season is some of the best times to bet on basketball with crypto.
Soccer is the most popular sport in the world, and it’s also one of the easiest to bet on. There are leagues all over the world, and you can find plenty of markets to choose from. Bitcoin makes it easy to bet on soccer games from all over the globe, and you can even bet on live games!
Tennis is another sport that’s growing in popularity, and it’s easy to see why. There are many different leagues all over the world, and you can bet on matches from all of them with Bitcoin. There are several top Bitcoin Tennis Bettings sites that make betting on Tennis easy and you can even bet on live matches.
Baseball is another sport that’s popular all over the world, especially in the USA. The MLB is the biggest baseball league in the world, and is very fund to bet on. The best Bitcoin Baseball betting sites allow you to bet on baseball with crypto, and make it possible to bet on games straight away, bet on certain innings, player pros, live betting and more!
Boxing is a popular sport all over the world, and it’s easy to see why. There are many different fights going on all over the world, and you can bet on all these fights with Bitcoin. Some of the most popular boxing bets include fight outcome and choosing which round the fight will end in. You never know, sometimes it makes sense to bet on a big underdog moneyline.
Football – NFL
Football is the most popular sport in the United States, and the NFL is the biggest football league in the world. There are several Bitcoin NFL Football bettings sites that make it easy to bet on NFL games with Bitcoin and cryptocurrencies, and there are plenty of markets to choose from. Parlays and Prop bets are popular for NFL sports betting.
Hockey is another popular sport in the United States and Canada, and the NHL is the biggest hockey league in the world. You can bet on NHL games with Bitcoin, and there are plenty of markets to choose from. It makes more sense to bet moneyline and straight bets when it comes to hockey.
Volleyball is another sport that’s popular all over the world, and people who love it are die hard fans. There are matches and leagues all over the world at different times, and you can bet on all of them with Bitcoin.
As you can see, there are many different sports that you can bet on with Bitcoin. These are just a few of the best options, and there are plenty more to choose from. No matter what your favorite sport is, you’re sure to find a market that you can bet on with cryptocurrency.
How to Choose The Right Bitcoin Sportsbook
With so many Bitcoin Sportsbooks popping up, it can sometimes be difficult to know which to choose. That is why we recommended our top sites to bet with Bitcoin. Now the question is, how do you choose the right Bitcoin Sportsbook? That will depend on several factors including what you like to bet on, your geographic location, whether you want to be anonymous or not, and more.
Here are our tips for choosing the right Bitcoin Sportsbook to bet with:
1. Choose a Sportsbook that offers the types of bets you are interested in
There are many different types of Bitcoin Sportsbooks out there. Some specialize in certain types of sports while others offer a more comprehensive selection. If you have a particular sport or type of bet that you are interested in, make sure to choose a Sportsbook that offers it. For example, if you want to bet on NFL football games, make sure to choose a site that specializes in American football betting.
2. Consider your geographic location
Different Bitcoin Sportsbooks cater to different geographical regions. Some only accept players from certain countries while others are available to anyone in the world. If you live in the United States, for example, make sure to choose a site that accepts players from your country. Otherwise, you may not be able to withdraw your winnings or even place a bet.
3. Decide if you want to be anonymous or not
Some Bitcoin Sportsbooks require players to create an account while others let you place bets anonymously. If anonymity is important to you, make sure to choose a site that offers this option. On the other hand, if you don’t mind giving up some personal information, creating an account may be easier and provide additional features such as customer support and bonuses.
4. Compare odds and lines
Not all Bitcoin Sportsbooks offer the same odds and lines on the same events. Some sites may give better odds on certain types of bets while others may have lines that are more favorable to the player. If you want to get the best possible deals, it’s important to compare the odds and lines at different sites before placing your bets.
5. Read our reviews
Before choosing a Bitcoin Sportsbook, it’s a good idea to read online reviews. This will give you an idea of what other players think about the site and whether or not they had positive experiences. You can find our reviews by going here.
Following these tips should help you choose the right Bitcoin Sportsbook to bet with. Be sure to do your research and compare different sites before making your final decision. And always remember to gamble responsibly!
Betting with Bitcoin is a great way to get into the action on your favorite sports. Whether you’re a seasoned bettor or just getting started, there’s a Sportsbook out there that’s perfect for you.
Are Bitcoin Sportsbooks Legal?
While the growth in crypto and sports betting are undeniable, many people are still wondering whether betting on sports with Bitcoin or crypto is legal. As most people know, crypto currency is legal, but the regulations surrounding it are not set in law yet, since the technology is so new. As far as betting on sports, that has been legalized in the US, Canada and many other places worldwide. While many countries outside North America do not allow sports betting in their jurisdication, they do not control the internet, and they definitely do not control cryptocurrency.
So, the simple answer to the question “Are bitcoin sportsbooks legal?” is YES! They are perfectly legal as long as they are willing to operate in a place like Costa Rica, where there are no laws against online gambling. So, go ahead and enjoy placing your bets with Bitcoin or any other cryptocurrency, because it is perfectly safe and legal to do so!
Most crypto betting sites have licences in places like Curacao, where it is legal to gamble online, and the internet is an open world. So as long as you can access the website, and have cryptocurrency, you can bet, and there is nothing anyone can do about. There are many arguments saying Bitcoin sportsbooks are legal and illegal, but the overwhelming majority of people, all over the world, don’t seem to care, as these sites get traffic worldwide, and crypto is also accessible in most places.
The Bitcoin sportsbooks have the same legal status as any other online sportsbook. They are not subject to US or international law, because they don’t exist in any physical location. Bitcoin sportsbooks are only bound by the laws of the countries where they are incorporated and operated. So, if a bitcoin sportsbook is incorporated in Costa Rica, then it is only bound by Costa Rican law. This means that bitcoin sportsbooks can offer their services to anyone in the world, without having to worry about breaking any laws.
While there are no specific laws against bitcoin sportsbooks, some countries have made it clear that they do not condone gambling with cryptocurrency. For example, China has outright banned all forms of gambling, including online gambling. However, this ban is not enforced very well, and there are still many Bitcoin and crypto sportsbooks that operate in China.
The bottom line is that Bitcoin sportsbooks are legal in most places, and there are very few restrictions on them. So, if you want to bet on sports with bitcoin, then go ahead and do it! There is nothing stopping you from doing so.
Are Bitcoin Sportsbooks Anonymous?
Whenever we discuss Bitcoin and cryptocurrency, the question of anonymity always comes up. When discussing Bitcoin Sportsbooks, everybody wants to know if they are anonymous. Whatever the reason for wanting to bet anonymously, that is perfectly fine, and you should have the right to do what you want. For Bitcoin sportsbooks, some are anonymous and some aren’t.
Here is a break down of the different types of Bitcoin sportsbooks and how anonymous they are.
Anonymous Bitcoin Sportsbook
The first type of Bitcoin sportsbook is the anonymous sportsbook. These sportsbooks don’t require any personal information from you whatsoever. All you need to do is deposit your Bitcoin into their system, and you’re good to go. You can bet on whatever you want, and nobody will ever know who you are. The only downside to these types of sportsbooks is that they tend to have fewer markets than the non-anonymous ones. However, if anonymity is your number one priority, then this shouldn’t be a problem for you.
Semi-anonymous Bitcoin Sportsbook
The second type of Bitcoin sportsbook is the semi-anonymous sportsbook. These sportsbooks will require some personal information from you, but it won’t be anything that could identify you. For example, they might ask for your email address or date of birth, but that’s about it. You will still be able to bet on whatever you want, and nobody will be able to trace it back to you. The only downside to these sportsbooks is that they might not be as anonymous as the truly anonymous ones.
Non-anonymous Bitcoin Sportsbook
The third and final type of Bitcoin sportsbook is the non-anonymous sportsbook. These are the traditional sportsbooks that we are all used to. They will require a lot of personal information from you, such as your name, address, and possibly id. However, they do have a lot more markets than the other two types of sportsbooks. So, if you don’t mind sacrificing some anonymity, then these are the sportsbooks for you.
As you can see, there are a few different types of Bitcoin sportsbooks out there, and each one has its own level of anonymity. It all depends on what your priorities are. If anonymity is your number one priority, then you should definitely go with an anonymous sportsbook. However, if you’re willing to sacrifice some anonymity for more markets, then a non-anonymous sportsbook might be a better option for you.
Whatever your decision is, make sure that you do your research and only bet with reputable sportsbooks.
Expert Bitcoin Sportsbook Tips
Once you start using Bitcoin Sportsbooks enough and get comfortable with crypto sports betting, you start to realize a few things that could help you for next time. Here are a few expert tips based on our experiences:
Expert Tip #1) Make sure you have crypto in your Bitcoin sportsbook account before the event. The reason for this is because although crypto transactions are fast, they are not instant like a deposit with your credit card. Depending on how busy the Bitcoin, or other crypto coin network is at the time you make your deposit, it can take from 5 minutes to 1 hour for your crypto to arrive in your sportsbook wallet. Make your life easier by sending crypto to your sportsbook address a few hours before the sporting event begins, this way you can be sure to have funds ready to place your wager.
Expert Tip #2) Buy Bitcoin or crypto for your wagers on days the market is in the red. This way you are buying low, and if you win your bet, your winnings have a higher likelihood of growing in value. This is not a guarantee, but in our experience if you buy your crypto for betting on days that Bitcoin is down, you’re winnings, if any, can grow on the bounce.
Expert Tip #3) Take advantage of the odds. Often times the odds on the crypto sportsbooks are better than odds on more traditional sports betting sites that use fiat currency. If you’re thinking about placing a bet with your credit card or bank account funds, do yourself a favour and check the odds on one of our recommended Bitcoin sportsbooks, you may be surprised by how much better the odds are.
Expert Tip #4) Check the sportsbook’s Bitcoin deposit and withdrawal limits before you start betting. Some sportsbooks have very high minimums, which can limit how much you can bet or win.
Expert Tip #5) Be sure to check the odds at multiple sportsbooks before placing a bet. The odds can vary significantly from one book to another, so it pays to shop around.
Expert Tip #6) Pay attention to Bitcoin’s price fluctuations when placing bets. If the price of Bitcoin is rising, you may want to bet more than you would if it were falling.
Best Bitcoin Wallet to Use with Crypto Sportsbooks
When getting ready to place your first bet with Bitcoin on sports, it is important to choose the right wallet. Whether you decide to use a hot or cold Bitcoin wallet is up to you, and will depend on the volume you are betting with and what you do with your Bitcoin after you win bets.
There are so many different wallet options out there, and it is up to you to do your own reasearch, but here are some of our favorite options
– Ledger Nano S
The Ledger Nano S is a popular cryptocurrency hardware wallet that supports a wide range of digital assets.
– Trezor Model T
The Trezor Model T is the next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets.
The KeepKey is a cryptocurrency hardware wallet that supports Bitcoin, Ethereum, Litecoin, Dogecoin, Dash, and more.
Exodus is a desktop and mobile cryptocurrency wallet with a built-in exchange that supports a wide range of digital assets.
Jaxx is a digital wallet that supports Bitcoin, Ethereum, Litecoin, Dash, and more. Available on mobile and desktop platforms.
– Coinbase Wallet
The Coinbase Wallet is a mobile cryptocurrency wallet that allows you to store, send, and receive digital assets.
These are just a few of the many cryptocurrency wallets available today. Make sure to do your research to find the best Bitcoin wallet for your sports betting needs.
Bitcoin Sports Betting FAQ
Bitcoin sportsbooks are growing faster than traditional sports betting sites these days and for good reason. They are more user friendly, they offer better odds, and they embrace technology and cryptocurrency. The Best Bitcoin sportsbooks are even partnering up with major celebrities and athletes and are solidifying themselves and gaining popularity.
If you dont know what is a Bitcoin sportsbook, it is basically a site that allows you to bet on sports with Bitcoin or other cryptocurrency. There are several benefits to this including increased security and anonymity, better betting odds, faster withdrawals and deposits, and you can receive your winnings in a currency that can increase in value after you win. What is better than that?
That being said, here are a few popular questions on Bitcoin sportsbooks which we will answer for you so that you can have a better understanding.
What is Bitcoin sports betting?
Bitcoin sports betting is the act of placing bets on sports events using Bitcoin as the mode of payment instead of traditional currencies.
What is Bitcoin sports betting?
Bitcoin sports betting is the act of placing bets on sports events using Bitcoin as the mode of payment instead of traditional currencies.
Is betting with Bitcoin legal?
The legality of betting with Bitcoin varies by country and region. Always check local regulations before proceeding.
How do I start betting with Bitcoin on sports?
Start by setting up a digital wallet, purchasing Bitcoin, and then registering on a sports betting site that accepts Bitcoin. Deposit your Bitcoin to the site, and you’re ready to bet.
Are there any benefits to betting with Bitcoin compared to traditional currencies?
Yes, some benefits include faster transaction times, lower fees, increased privacy, and potentially better bonuses.
How do I deposit and withdraw Bitcoin from sports betting sites?
Typically, you’ll send Bitcoin from your wallet to the betting site’s address for deposits. For withdrawals, you’ll provide your wallet’s address for the site to send your winnings.
Are my Bitcoin transactions anonymous when I bet on sports?
Bitcoin transactions are pseudonymous. While they don’t show personal details, transactions are recorded on the blockchain and can be viewed by anyone.
Do all sports betting sites accept Bitcoin?
No, not all. However, many modern platforms are now integrating Bitcoin and other cryptocurrencies as payment methods.
Are there any fees associated with Bitcoin transactions on betting platforms?
Generally, fees are lower than traditional payment methods, but they can vary based on network congestion and the platform’s policies.
How long does it take for a Bitcoin deposit or withdrawal to be processed?
Deposits usually take minutes to hours, depending on network congestion. Withdrawals can be similar but may take longer if the betting site has approval processes.
Is betting with Bitcoin secure? What measures do betting sites take to protect my cryptocurrency?
Betting with Bitcoin is secure as long as you use reputable sites and maintain good personal security practices. Most reputable sites use encryption and cold storage for funds.
Can I bet with other cryptocurrencies besides Bitcoin?
Yes, many sports betting sites also accept altcoins like Ethereum, Litecoin, and others.
Are there exclusive bonuses for those who bet with Bitcoin?
Some platforms offer exclusive promotions or larger bonuses for Bitcoin users.
What are the odds like when betting with Bitcoin? Are they different from betting with traditional currencies?
Odds should remain consistent regardless of the currency. However, always compare platforms to ensure you’re getting the best value.
How do I convert my winnings back into fiat currency?
Use cryptocurrency exchanges to sell your Bitcoin and then withdraw your desired fiat currency.
What’s the minimum and maximum amount I can bet with Bitcoin?
This varies by platform but is often very flexible due to Bitcoin’s divisibility.
Do sports betting platforms with Bitcoin offer live betting?
Many do! Just like traditional platforms, many Bitcoin sportsbooks offer in-play or live betting.
How is the value of my bet determined if Bitcoin’s price is volatile?
The value is determined at the time of the bet. Some platforms may convert your Bitcoin to a stablecoin or fiat equivalent for the duration of the bet.
Can I use Bitcoin betting platforms from any country?
Platforms may have regional restrictions, so always check the platform’s terms and your local laws.
Are there any tax implications for betting with or winning Bitcoin?
In many jurisdictions, gambling wins, including those in Bitcoin, may be taxable. Consult with a local tax professional.
Where can I find reputable sports betting sites that accept Bitcoin?
Look for online reviews, forum discussions, and always ensure the platform uses strong security measures. Always do your due diligence before trusting a platform with your funds.