10 Best Crypto Sports Betting sites & Sportbooks

Sports betting using cryptocurrency has become increasingly simple. The abundance of online betting platforms available has made it easier to find one that suits your specific needs. Additionally, more and more of these sites now allow users to deposit and withdraw funds using cryptocurrency without any additional charges. Gamblers can now take advantage of a wider range of options when it comes to betting on sports with cryptocurrency, as well as various incentives that are offered. This guide will provide a comprehensive overview of the top 13 Bitcoin betting websites for 2023. It will also offer a thorough explanation of everything that players need to be aware of regarding online betting with cryptocurrency.

The Best Bitcoin Sports Betting Sites 2023

Top-rated Bitcoin betting websites offer players a diverse range of gambling options, which include not only traditional casino games and live dealers but also various sports to bet on. When making use of a Bitcoin betting website, there are several advantages, such as the capability to gamble without revealing your identity, the convenience of almost instantaneous withdrawals, and the chance to receive significant welcome bonuses. In this review, we evaluate and position some of the most noteworthy Bitcoin betting sites that are available for consideration today.

6 Factors To Consider for Selecting Your BTC Sportsbook

The best sites for betting with BTC may not be the optimal choice for you, depending on your preferences. Your geographic location and current financial standing are important variables to consider when selecting a site. Choosing the appropriate platform that permits particular bets and guarantees the highest level of financial security is always a wise decision.

For those who have an interest in crypto, there are several factors to take into account. While considering these factors, it is important to keep your objectives in mind and examine how they may fit into the realm of crypto gambling. To be safe in case of any issues or failures, it is advisable to strategize the selection of websites you intend to use before registering for them. Before finalizing on one or two bitcoin betting sites, it is advisable to experiment with different options available.

1. Country restriction

There exist certain countries that have been designated as restricted. In the realm of betting on BTC, there are a multitude of factors to take into consideration. In order to determine the optimal bookmaker for your individual needs, there are a few key elements that must be evaluated.

Firstly, it is crucial to determine if bets can be placed from your current location.

Additionally, it is important to assess which companies offer the most advantageous fixed odds for maximizing profitability. For those who are customers residing in the United States, it is highly likely that you are familiar with the benefits of utilizing BetOnline.

This particular online betting site is among the few that accept Bitcoin in the US and has managed to maintain its presence up until the present time. For those residing in countries that have legalized crypto gambling, betting platforms such as Stake that accept Bitcoin are a more favorable option as compared to others. Prioritize checking that first before proceeding to have a good time!

2. Reputation and trust

Once you have identified the top bitcoin gambling sites in your region, it is advisable to conduct an online search to determine their reputation within the industry.

The island of Curacao has a reputation for being hospitable to gambling, and therefore sportsbet.com and stake.com have earned licenses that align with the island’s regulations. Many crypto betting sites possess a Curacao license, which permits them to legally accept bets from any country that permits them.

When choosing a company to do business with, it is crucial to take into account their reputation in the industry and how they treat their customers, as these factors can have an impact on both your satisfaction and financial gains. When evaluating a company’s reputation, it’s important to consider their approach to handling public disagreements.

Before settling on a particular website for your needs, it may be advisable to conduct your own research. Certain cryptocurrency sportsbooks offer Alternative Dispute Resolution (ADR) services that regulate user conduct. Concentrating on building a positive reputation can aid in enhancing a website’s credibility and perception among its customers.

Stake collaborates with the Crypto Gambling Foundation to offer equitable gaming opportunities and ensure user privacy. The foundation for crypto gambling is attributed to The Crypto Gambling Foundation. When considering which crypto sportsbook to choose, it’s important to take into consideration the length of time that each has been in operation.

The majority of reputable bitcoin betting websites have a commendable reputation and are incentivized to encourage customer loyalty. These websites prioritize the experience of their existing customers, creating an environment that entices them to continue placing bets and enjoying their overall betting experience.

As a casino website, BetOnline has firmly established its position as one of the most renowned and widely-used platforms worldwide. Since its inception in 2004, BetOnline has gained two decades of valuable experience in the industry, making it a trusted and reliable choice for online gaming enthusiasts.

Compared to other bitcoin betting sites, BetOnline boasts extensive expertise when it comes to customer service and the establishment of a solid reputation. Additionally, the company has been in operation for over ten years. Although these newer companies may be relatively young, they compensate for their age by providing exceptional customer service and offering attractive promotions as a means of gaining customers and establishing a positive reputation.

3. Sports, and odds offered by bookmakers

Although many crypto sports betting sites provide the same sports, a few of them allow you to choose distinctive ones to place a bet on.

In contemporary times, it is a rarity to discover unique sports available for gambling on conventional sportsbooks. Conversely, crypto-sportsbooks are an exception to this rule. They possess knowledge of the specific sports that people are interested in betting on.

Crypto bookmakers generally provide a vast array of events to bet on, with varying degrees of betting lines available for each event. Nevertheless, there exists a discrepancy in the depth of lines and odds competitiveness offered by different crypto sportsbooks for each event.

Stake and SportsBet, being sports betting sites, stand out from other bitcoin-based sports betting sites due to their diverse range of sports, competitive odds and an extensive selection of lines.

4. Anonymous Sports Betting With Bitcoin

Sports betting with Bitcoin can be done anonymously, without requiring personal identification. This allows for a greater level of privacy and security for those who wish to engage in online betting.

The popularity of BTC sports betting sites is on the rise. One of the significant advantages of using these sites is the option to participate anonymously without revealing your identity to anyone.

By exclusively making deposits and withdrawals in cryptocurrencies like Bitcoin, one can steer clear of mainstream sportsbooks and their associated bookkeeping practices. Choosing to remain anonymous is an option available to you in order to maintain control over your identity and personal information, which can provide increased safety, security, and peace of mind.

Additionally, this approach can facilitate the development of financial privacy, while still allowing for participation in BTC sports betting. For those seeking a Bitcoin sports betting website with anonymous features, Stake, 1xBit, and Betcoin are worth considering.

5. Payout and Withdraw

The rates at which payouts and withdrawals are processed, as well as the terms and conditions governing them, are of paramount importance. When choosing a platform, there are a number of factors that must be considered.

These factors include payout speeds, terms and overall convenience. It is important to carefully select a platform that is tailored to your specific needs. If you happen to win a substantial amount with a cryptocurrency bet, Stake and Sportsbet offer exceptionally speedy withdrawals. This ensures that you can retrieve your earnings immediately.

Additionally, these platforms provide the option to safeguard your winnings by converting them into either USDT or fiat currency. The value of cryptocurrencies has been subject to frequent fluctuations in recent times. It is advisable to capitalize on these fluctuations, which is why understanding the process of converting your digital currency into fiat or a more stable cryptocurrency is crucial.

It’s important to review the policies of a particular bitcoin casino prior to depositing or withdrawing any funds to avoid any potential problems that may arise, requiring you to seek alternative sources of cash. Once you have confirmed the legitimacy of the cryptocurrency sportsbook, you can breathe a sigh of relief and loosen up.

While many platforms permit you to withdraw your earnings weekly, there are a few that may impose more stringent regulations. Cryptocurrency has been in existence for a considerable period of time and has now attained a level of general recognition. While its worth may oscillate, it is gradually stabilizing. Nonetheless, it is crucial to remember that this is an industry of constant evolution and investment decisions should be approached with due diligence.

To maximize your profits, it’s important to strategize your withdrawals if you happen to win big. The longer you wait to withdraw a set amount each week, the less valuable your earnings will become. It may be wise to withdraw the entirety of your winnings at once to avoid any potential fluctuations in value down the line.

6. VIP programs and Bonuses

To have a profitable gambling experience while betting with crypto-currency, it is recommended to search for a website that offers an attractive VIP program along with thrilling promotional offers. The VIP program offered by Stake is of exceptional quality. By signing up today, you can personally experience just how remarkable this program truly is.

For those who are unfamiliar with the realm of sports betting and bitcoin, 1xBit extends a warm welcome, complete with top-notch bonuses. By using the promo code “1xb 13206” when registering at BTC Casino, you can earn up to 7 BTC for betting online. Additionally, playing games at the casino can also earn you cashback rewards.

In addition, if you happen to have a preference for altcoin instead of BTC or ETH when making wagers, there are options available. The platform acknowledges 25 other cryptocurrencies as valid payment methods, including but not limited to BTC, ETH, LTC, USDT, PAX, OMG, and LINK.

How To Bet With Bitcoin

Bitcoin is a cryptocurrency that is used for online transactions and to send money across borders. Bitcoin casinos and sports betting sites accept bitcoin as a form of payment. Some of the most popular casinos offer the possibility to sends deposit via cryptocurrencies.

1. To start betting with Bitcoin, follow these 4 steps:  
2. Find some trustworthy sports betting sites that accept Bitcoin bets.
3. Find a reputable and gambling-friendly cryptocurrency exchange (list below). 
4. Buy some Bitcoin and send it over to your best bitcoin sportsbook. 
5. Enjoy, and bet with Bitcoin!

A few crypto betting sites allow users to purchase cryptocurrencies from their platforms with credit cards or bank accounts.

That’s the case of Stake, for instance. 

There are a lot of exchanges who offer the option to buy Bitcoin today. If your favorite BTC betting site does not, here is a list of the best options in which you can purchase it. Some crypto exchanges can be tricky, so we recommend these to ensure you don’t have any trouble using them. Those are the ones with no policy against gambling on their website.

The Recent Growth of Bitcoin Sports Gambling

Over the course of the last five years, the world of Bitcoin sports betting has undergone a meteoric rise. A recent report from Blockchain News has revealed some truly remarkable figures that exemplify the explosive growth of this industry. These figures provide additional evidence in favor of the potential of sports betting platforms that utilize cryptocurrency.

The growth expectations for Bitcoin betting are being widely discussed; how much it will expand remains to be seen. In my opinion, the numbers have the potential to double by the year 2023. It is notable that the vast majority of online platforms that provide slot games and virtual table games have already embraced the use of BTC as a form of payment. Furthermore, it appears that the world of sports betting is also beginning to follow suit in this regard.

Pros and Cons of Bitcoin Betting vs. Traditional Betting

Being constantly connected to an online casino has its advantages. One of which is the convenience of placing bets at any given time. This eliminates the inconvenience of having to be in a specific physical location, as the digital option allows for easy accessibility.

Opting for an online bookie that deals in BTC has numerous advantages over selecting a conventional one. Nevertheless, some individuals may feel that the benefits outweigh the possible drawbacks. We should take a closer look at each and every one of them.

The majority of platforms that provide online slot games and table games have already integrated BTC as a viable payment option. Similarly, the sportsbetting industry appears to be following suit and adopting BTC as a preferred transaction method.

Benefits of Bitcoin betting sites

Bitcoin has offered a lot of opportunities with each new trend that has emerged. Privacy is often a reason why people choose to use bitcoin, and those who are using it find them bringing big chances for fast cashouts.

These are some of the many benefits that betting with cryptocurrencies offer:

Benefit #1: Financial privacy.

Bitcoin is gaining popularity due to blockchain, the decentralized ledger that guarantees private and secure transactions.

Cryptocurrencies such as Bitcoin, has really made business transactions more secure and private than ever. With so much banking information being stolen on a daily basis, having the option to remain anonymous while spending your hard earned money is an exceptional feature. 

The use of Bitcoin means that people have the financial freedom to gamble on a site like Bet Bitcoins with confidence

You should be able to spend your money however you want with no guilt. This is yours, and it’s a hard-earned resource that comes with responsibility.

Benefit #2: Low fees

Betting online with Bitcoin usually has a lower cost of doing business. Many bookmakers take advantage of this by charging credit card charges, deposit and withdrawal fees as well as other various fees. When it comes to betting on football, soccer and other traditional sports, online bookies are your best bet for a low cost.

Trust cryptocurrency like Bitcoin instead of traditional banking methods such as SWIFT, ACH and others. You’ll be able to save a lot of money and time.

Accepting Bitcoin for betting on sports has a lot of benefits. Being able to use this cryptocurrency saves customers from the expensive transfer fees that can be charged by other entities. This is a huge advantage for bitcoin-powered betting sites.

Benefit #3: Play from anywhere

Gambling is often regulated

Sportsbook companies must submit licenses and taxes, pay wage debts, make reports with relevant authorities and file mandatory self-audits.

Bookies are banned from certain countries, and they sometimes need to pay fines or go bankrupt as a result. To avoid this, they only accept players from allowed countries on their list and countries where the use of these sites are fully legal.

For exemple, some gaming sites are blocking US players from entering their platform due to strict US rules on online gambling.

Gambling games and opportunities abound for the crypto market. Online betting, in particular, has become an attractive option across all financial demographics. With deposits and withdrawals being made in cryptocurrencies, people from all walks of life can join.

Some people enjoy the anonymity and opportunity to accept players from all around the world that Bitcoin Sportsbooks provide.

In some countries, you cannot access your favorite websites without using VPN software. A virtual private network can provide a safe and secure connection that allows you to access them. As long as you know how to proceed, you will be able to bet on bitcoin without any problems.

Reminder: There are different types of sportsbooks and only some accept cryptocurrency as opposed to conventional currency. Make sure you read all terms and conditions before making a deposit in order to avoid any loss.

Benefit #4: Bigger, better bonuses

To get the best odds and bonuses, you want to sign-up with one of the best bitcoin betting sites. There are multiple advantages that are offered by these sites compared to traditional online betting platforms.

Cryptocurrency reduces fees associated with traditional banks

Smart Bitcoin betting sites offer ways to make using their services even easier for you. These methods include cashback bonuses, promotions, and other methods that help you in the end.

Cryptocurrency betting has never been this popular. It’s a nice alternative to traditional betting and there are lots of great sites out there you can use to bet on events.

Drawbacks of Bitcoin betting sites

There are always downsides to new technologies.

Using a cryptocurrency-based sports-betting website is made possible by some inherent risks.

Take the time to read them and weigh the potential consequences.

Drawback #1: Lack of regulation

The best online sportsbooks all have valid licenses and comply with Know Your Customer/Anti-Money Laundering laws.

This is so because most people use fiat currency in their daily transactions. The money is dispersed through the banking system and governmental agencies.

Because of these obstacles, running a betting site that accepts only fiat currency is challenging. The government will become aware at some point.

For the time being (this could change), however, the fact that BTC sportsbooks only accept cryptocurrency makes it easier for them to avoid licensing requirements.

Bets placed with unlicensed bookies are not reported to the government or any other entity.

The likelihood that a user will behave unfairly or attempt an exit scam increases if they have placed a bitcoin wager.

Use one of my recommended cryptocurrency-accepting, licensed betting sites.

Check the sportsbook’s reputation before making a deposit, and don’t put up more money than you can afford to lose if you play in an unlicensed bitcoin sportsbook, which I do not recommend unless you want to bet anonymously with bitcoin.

Drawback #2: No chargebacks

No refunds are permitted

Typically, traditional sportsbooks must accept deposits via credit cards or wire transfers.

In addition, they face financial obstacles because companies do not always want them to chargeback if they fail. It is a fundamental element of the system.

If you contact your credit card provider to initiate a chargeback if you believe you’ve been scammed. This will allow you to receive your money back.

But when you place a bitcoin bet, there is no data stored bank account that you can use to request a chargeback, as there is no system in place where charges are made by a central entity.

Since Bitcoin transactions are permanent, you can avoid third-party involvement and any errors that may arise from this addition.

Before placing a wager on a crypto site, you should conduct extensive research on the site, its history, and its license. You should be able to overlook any flaws in order for your bets to proceed smoothly.

Drawback #3: Crypto price volatility

Bitcoin has a reputation for being volatile.  

Source: coinmarketcap

If you bet $10,000 worth of Bitcoin and win $2,000 it would seem like a small victory given the current price of Bitcoin. This is not true. An investor has a higher chance of ensuring their wealth by investing than they do by betting on short-term trends.

This is a risk that cannot be avoided right now.

It’s also like multiplying your bets because the same number of coins can make you much more money in other forms of gambling.

In a decade, Bitcoin is likely to still be volatile, but for now it is not worth investing in.

Bitcoin is volatile and this means that the exchange rate can change significantly. The best thing you can do to reduce potential risks is to only invest what you’re comfortable with losing. This will make it an easier and more enjoyable experience for you as well.

What’s Your Best Bitcoin Sportsbook?

Here are my top picks for bitcoin betting sites.

A safe and enjoyable Bitcoin betting experience is something many people wish for. There are so many good options to choose from. It’s time to get your first bitcoin bet in order to win some big money!

What are your thoughts on my 10 best crypto betting sites? Have you tried one (or many) of them out?

In the comments section of this article, let me know about your favorite bitcoin betting sites!

Frequently Asked Questions

Is it safe to place sports bets with crypto?

Yes. It is definitely possible to use crypto-fiat platforms as traditional ones. Welcome to the world of sports betting on crypto. Most sites now even accept cryptocurrency as bets and convert it into currencies like fiat. 

These sites will use crypto mainly for deposits and withdrawals. This is where you must be careful and double-check the address you are sending and receiving from before using crypto for any payment method. Since crypto transactions cannot be reversed, it’s important to take preventative steps as a user.

Is it legal to place sports bets with crypto?

Sports betting is a huge industry. With the popularity of cryptocurrencies and blockchain technology, there has been a rise in the number of people who are placing bets with crypto.

Sports betting is often considered unlawful, but increasingly people are betting with crypto. This too is no different from placing bets with fiat funds. If you’re allowed to legally place bets with fiat funds, then it’s legal for you to do so with crypto as well.

Cryptocurrencies are not regulated by any government or authority and thus, it’s hard for law enforcement agencies to track down people who have placed illegal bets using cryptocurrencies.

Cryptocurrencies are simply another funding source.

How to place bitcoin sports bets?

Find a gambling site where you can legally play.

Bitcoin sports betting has become more popular over the past few years. It’s a good way to make some money while having fun at the same time.

The first step in placing a bet is finding a gambling site that allows players from your countries to join and play with their bitcoins. This can be done by using Google Search or by visiting the website of an online casino or betting site and checking if they accept bitcoin payments.

The next step would be logging into your account with the gambling website and creating an account for yourself before depositing funds into it so that you can start playing with your bitcoins immediately after registering for an account on their website.

Make sure to double-check the address once you’ve deposited your funds. Then, withdraw to a different crypto address of your choice after winning. This way your funds are safe and secure.

How to choose the right crypto sportsbooks?

Choosing the right crypto sportsbook that meets your needs is an important step to take. Legal status will likely be a major factor in your decision-making process, followed by need-specific factors like rank and betting options, among others. do you allow deposits and withdrawals in their cryptocurrency? Do they have bonus levels and VIP status that keep you playing always? Are there withdrawal limits on your account within your needs?

Why do gamblers love crypto sports betting?

With innovative uses of cryptocurrency and the principles of online gambling sites, betting on sports is easier than ever. Investors have the opportunity to transfer funds more quickly and with lower fees. High-risk bets on the blockchain can have huge payout, but it’s important to make sure that the address you send your funds to is legitimate. Double check that you’re on the right page and only use crypto wallet addresses when you’re sure of what you need to do.