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Overview of the Best Bitcoin Betting Sites

After reviewing over 50 sportsbooks, these are our top choices. Take a look at the comparison of these top crypto sports betting sites:

How to Pick the Best Bitcoin Betting Site

There are several metrics to take into account when choosing a crypto betting site.  Below, we offer insight into the most important factors to consider before selecting a provider.

Secure Crypto Payments

When funding a BTC betting account, players can easily securely deposit funds – the process is much the same as funding a crypto exchange account. It’s simply a case of transferring Bitcoin to the sportsbook wallet address and then waiting for the provider to credit the funds. 

Crucially, this means that there is no requirement to share any sensitive financial information with the best cryptocurrency betting sites. This is in stark contrast to how traditional sportsbooks work, which require players to manually enter their debit/credit card details to make a deposit.

Fast Deposits & Withdrawals

When it comes to payment speeds, the best crypto sports betting sites offer lightning-fast deposits and instant casino withdrawals. Regarding the former, leading providers in this space will credit the betting account after just one blockchain confirmation – which typically takes 10 minutes. 

Withdrawals are even more impressive, as the best crypto betting sites will instantly approve a cash-out request. This means that there is no requirement to wait 1-3 days for the payments team to authorize the withdrawal, as is often the case with traditional betting sites and sportsbooks that deal with fiat money.

Crypto Bonuses and Promos

Another huge benefit of opting for a crypto betting site is that oftentimes, platforms in this space offer lucrative Bitcoin casino bonuses.  We found that the top BTC betting sites offer attractive bonuses for both new and existing players. Lucky Block, for example, is offering new players a 200% deposit match up to 5,000 EUR (or crypto/fiat equivalent) + 50 free spins.

Low Crypto Banking Fees

When it comes to depositing and withdrawing funds you will experience a fee-free environment at any given crypto betting site. This means that while the provider will not impose any transaction fees, the only charge to consider is that of the Bitcoin blockchain. In many cases, mining fees will sit below the $1 level – irrespective of how much is being deposited or withdrawn into the crypto sports betting site.

Fair Deposit & Withdrawal Limits

When researching the best crypto sportsbooks, we found that top providers offer fair deposit and withdrawal limits. On the one hand, this means that players can often get started by meeting a minimum deposit of just $5-10. When it comes to withdrawals, we found that the best Bitcoin sportsbooks do not impose any cash-out limits.

Wide Range of Crypto Betting Markets

Another metric to look for when choosing the best crypto betting site is the number of sports markets on offer.

We would expect to see thousands of markets across soccer, tennis, football, basketball, baseball, and more. Moreover, the Bitcoin sportsbook in this space offers pre-match and live betting odds.

Good Betting Features & Resources

In addition to the above, consider choosing a Bitcoin sportsbook that offers notable betting features and resources. Regarding the latter, this should include useful information and statistics on key sporting events. This will enable the player to make informed sports betting decisions.

Some of the best crypto betting sites in this space also offer an in-play cash-out feature. This enables the player to lock in their sports betting profits before the match has finished.

Why Use Crypto for Sports Betting?

A poll by Morning Consult found that 47% of sports fans are familiar with cryptocurrency and 27% currently hold some. It’s a no-brainer that they would make use of their tokens for Bitcoin gambling – such sites offer unique perks and benefits that traditional fiat casinos cannot rival. These include:

Instant Withdrawals

We briefly mentioned above that the best crypto sports betting sites offer unparalleled withdrawal speeds. In most cases, the player simply needs to request a withdrawal to their preferred wallet address and this will be processed by the crypto betting site autonomously.

This means that the player does not need to wait for the withdrawal to be manually processed by the provider.  At a traditional fiat sportsbook, the end-to-end withdrawal process can take up to seven working days – sometimes more.

Anonymous Transactions

Gambling on sports at a fiat betting site requires the player to open an account and provide some personal information and contact details, while with crypto you can play in anonymous betting sites. Not only that, but the player will also need to go through a KYC (Know Your Customer) process before being able to make a withdrawal.

This means uploading documents such as a passport and bank statement. Sites that let players bet with crypto, on the other hand, typically support anonymous accounts. This means that the player simply needs to provide an email address to get started.

More Favorable Odds

Crypto sports betting sites that specialize exclusively in digital currencies often have much lower overheads when compared to fiat-centric platforms. This is because crypto payments operate outside of the traditional financial system, so there is a lot less red tape. Therefore, the best crypto sports betting sites can pass on these overhead savings to players in the form of enhanced odds.

What Cryptos Can You Bet With Online?

The exact crypto coins you can use to bet online will vary across each crypto betting site. That said, there are a few standard options that are consistent among the best betting sites. These include Bitcoin, Ethereum, Litecoin, USDT, and Bitcoin Cash. Most, if not all, crypto betting sites will accept these cryptos. To stand out, some betting sites may offer altcoins, Dogecoin, and other top meme coins. These are lesser-known cryptos but are fairly popular within the crypto sports betting industry. The following is a list of cryptos you can use at many popular crypto sports betting sites.

• Binance Coin (BNB)
• Bitcoin (BTC)
• Bitcoin Cash (BCH)
• Cardano (ADA)
• DAI
• Dogecoin (DOGE)
• Dash
• EOS
• Ethereum (ETH)
• Litecoin (LTC)
• Neo
• Polygon (MATIC)
• Ripple (XRP)
• Solana (SOL)
• Tether (USDT)
• Tron (TRON)
• USD Coin (USDC)

Differences Between Traditional Sports Betting and Bitcoin Betting

Best Bitcoin Betting Bonuses

We mentioned earlier that the best cryptocurrency betting sites in the market today offer highly attractive bonuses for both new and existing players. Read on to learn more about how each sports betting bonus works.

Matched Deposit Bonus

The most common Bitcoin bonus offered by crypto sports betting sites comes in the shape of a matched deposit. In a nutshell, the Bitcoin casino will match the player’s first deposit by a certain percentage. For instance, if the player deposits the equivalent of $500 and the sportsbook offers a 200% matched bonus, this will amplify the starting balance to $1,500.

The best sites for betting with crypto offer additional matched bonuses on the second, third, or even fourth deposits too.

Free Bets

We also found that the best crypto sportsbooks offer free bets to both new and existing players.  This could be offered for meeting the terms of a new promotion, such as betting at least $10 on this weekend’s Premier League fixtures. The free bet essentially offers a risk-free way of gambling.

No Deposit Bets

In rarer cases, a Bitcoin sportsbook might offer new players a no-deposit bonus.  As the name suggests, this means that the player will be offered a certain amount of free money that can be used on selected sports matches. This means that there is no risk of the player losing money, as there isn’t a requirement to make a deposit.

Rebate Bonus

A rebate bonus, also known as a cashback bonus, is a type of promotion where a portion of your losses is returned to you as a bonus. Some platforms offer a fixed percentage, while others may have a tiered system where higher losses result in a higher rebate percentage.

Reload Bonus

A reload bonus is a type of promotion where existing players receive a bonus when they deposit into their betting account. Reload bonuses typically range from 25% to 100% or more. Some platforms cap the bonus amount, while others may offer unlimited reload bonuses.

VIP Rewards and Loyalty Clubs

Even the best Bitcoin casinos in this space are fully aware of how competitive the crypto gambling space has become. As a result, top providers will offer incentives to keep players on their platforms. This often comes in the shape of VIP rewards or a loyalty club. This means that the more a player gambles, the greater the rewards on offer. Examples include enhanced odds, special free bets, and a personalized account manager.

Top Bitcoin Betting Bonuses 2024

In terms of the top promotions in the market right now, BC.Game offers a matched deposit bonus of between 180-240%, across the first four payments. New customers at Cloudbet will have access to a welcome bonus of up to 5 BTC, albeit, this can only be claimed when playing at the casino. BetOnline offers a simple sportsbook bonus at 100% of the deposit amount, up to $1,000.

Best Sports To Bet With Bitcoin

Soccer/Football

Soccer is the most popular sport globally, with a wide range of leagues and competitions, providing ample betting opportunities. Bitcoin sportsbooks often offer extensive coverage of soccer matches, including major leagues like the English Premier League, La Liga, Serie A, and the UEFA Champions League.

American Football

Particularly popular in the United States, American football offers numerous betting markets, especially during the NFL season. Bitcoin sportsbooks often feature a variety of NFL bitcoin betting options, from moneylines and point spreads to prop bets and futures.

Basketball

Both the NBA (National Basketball Association) and international basketball leagues attract a significant amount of betting action. With Bitcoin’s global appeal, basketball betting markets are readily available on most Bitcoin sportsbooks.

Tennis

Tennis is another sport with a global following, featuring year-round tournaments and matches. Bitcoin sportsbooks usually cover major tennis events like the Grand Slam tournaments (Australian Open, French Open, Wimbledon, US Open) and ATP/WTA Tour events.

Esports

Esports betting has surged in popularity, especially among younger bettors and those familiar with cryptocurrencies. Bitcoin sportsbooks often offer a wide range of esports betting options, including popular titles like League of Legends, Dota 2, CS:GO, and Overwatch.

Mixed Martial Arts (MMA) and Boxing

Combat sports like MMA and boxing attract a dedicated betting audience, with high-profile events generating significant betting volumes. Bitcoin sportsbooks typically provide various betting markets for MMA and boxing matches.

Cricket

Cricket is a popular sport for Bitcoin betting, especially in countries like India, Australia, England, Pakistan, and South Africa, where it enjoys a massive fan base. Bitcoin sportsbooks offer betting markets for various cricket leagues and tournaments, such as the Indian Premier League (IPL), Big Bash League (BBL), Caribbean Premier League (CPL), and international matches like Test matches, One-Day Internationals (ODIs), and Twenty20 Internationals (T20Is).

Other Events to Bet on With Bitcoin

Beyond sports betting, there are several other events and activities that people may wager on using Bitcoin or other cryptocurrencies. Betting on the outcome of political elections, for instance, is quite popular, be it presidential elections, local elections, or even referendums. Entertainment events like the Oscars, Grammys, or Emmys also attract betting interest, as many people fancy that they can predict who will win in various categories.

Reality TV shows like “Survivor” or “Big Brother” may also be prime betting targets, as viewers speculate on who will be eliminated next or who will emerge as the winner. And of course, in Europe, betting on Eurovision is an international pastime, with bookies setting odds on which country will take the coveted song contest trophy home several months in advance.

Is Crypto Betting Legal?

Many jurisdictions around the world have strict laws surrounding gambling – especially when it comes to online operators. In the USA, for example, sports betting only became legal in 2018 but was worth as much as $125 billion in 2022 – a figure that is predicted to grow even further by the end of the decade. Gambling is legal in the UK, but there are strict rules and regulations that bookmakers must follow to get a license, particularly when it comes to advertising.

However, cryptocurrencies like Bitcoin and Ethereum seem to sit outside of conventional gambling laws, despite crypto regulation becoming a hot-button topic for many governments. The overarching reason for this is how cryptocurrencies are defined. As very few governments define Bitcoin and other digital assets as legal tender, they typically do not fall within the remit of online gambling controls.

This subsequently means that crypto gambling sites often accept players from most countries. This is the case as long as the cryptocurrency casino does not have a relationship with fiat money. However, players are advised to assess the legality of gambling online with cryptocurrencies before proceeding.

Why You Should Play with Crypto at Sports Betting Sites

Using crypto at sports betting sites can take your online betting experience to the next level. Here are the top reasons why you should consider betting online with crypto.

Anonymous betting

Cryptocurrency transactions offer a level of anonymity that traditional banking methods can’t match. Using cryptos like Bitcoin or Ethereum, bettors can enjoy enhanced privacy, shielding their personal and financial information and creating a more discreet and secure betting environment.

Faster transactions and higher limits

Cryptocurrencies are renowned for their lightning-fast transaction speeds and minimal processing fees. Crypto transactions occur almost instantaneously, letting users deposit funds and place bets without unnecessary delays. Many sports betting sites also offer higher betting limits for cryptocurrency users who want to bet more without triggering any warning signs from their bank or financial services provider.

Play from anywhere in the world with VPN

Many crypto casinos are very amenable to the use of Virtual Private Networks (VPNs) and allow players from anywhere in the world to join. Using VPNs, users can bypass geo-blocking restrictions and access a broader range of betting markets and platforms.

More autonomy with crypto

Cryptocurrencies operate on decentralized networks, putting users firmly in charge of their financial assets. Crypto bettors can enjoy more control over their betting activities, including the ability to withdraw winnings at their discretion and manage their bankroll with maximum flexibility.

Possible Downsides of Betting With Crypto

While betting with cryptocurrency offers numerous advantages, you have to consider possible drawbacks too. Here are some potential threats to keep in mind:

Crypto betting is still somewhat unregulated

The decentralized nature of cryptocurrencies means that they operate outside traditional regulatory bodies, leaving users vulnerable to potential risks such as fraud, money laundering, and market manipulation. Bettors may find it challenging to get legal assistance or protection if they have a dispute with the crypto betting site.

Crypto transactions are irreversible

Unlike traditional banking transactions, cryptocurrency transactions are irreversible once confirmed on the blockchain. Accidental transfers or erroneous wagers cannot be reversed, potentially leading to financial losses if proper care is not taken during the betting process.

Cryptocurrency is volatile

The value of popular cryptocurrencies can experience extreme fluctuations within a matter of days or even hours. Your crypto winnings may fluctuate in value significantly before they are withdrawn or exchanged for fiat currency, and assessing the true value of betting returns and managing financial risks can be more challenging.

Best Mobile Bitcoin Betting Apps

Many of the top-rated Bitcoin sportsbooks discussed on this page do not offer a proprietary app. Most providers do, however, enable players to access their sports betting account via a standard web browser. We found that most have done a good job of optimizing their platforms for mobile usage.

Nonetheless, one of the best mobile Bitcoin betting apps to consider today is offered by BC.Game. This popular provider offers a mobile app that is compatible with both iOS and Android devices. Moreover, there is no requirement to go through Google Play or the Apple Store. Instead, the app can be downloaded through Chrome or Safari.

How to Bet on Sports with Bitcoin

First-time players may appreciate the step-by-step walkthrough provided below – which explains how to get started with a sportsbook account at Lucky Block.

Step 1: Buy Bitcoin

You will need to buy bitcoin to bet on sports with bitcoin. Get a bitcoin wallet, choose a reliable exchange where you can buy bitcoin, deposit funds, place an order, and secure the quantity of bitcoin that you need.

Step 2: Create a Lucky Block Account

First, visit the Lucky Block website and open an account.  This requires just two pieces of information – an email address and a chosen password.

Step 3: Deposit Crypto

The next part of the process is to deposit into the newly created Lucky Block account. The minimum deposit on this crypto sportsbook is $1.  The exact amount in crypto will be displayed at the time of the deposit.

• Click on the cryptocurrency that will be deposited, and copy the wallet address when this is displayed.
• Next, head over to the wallet or exchange where the cryptocurrency is located, before confirming the transfer.

The funds should be reflected in the Lucky Block account in about 10 minutes if Bitcoin is being utilized. Other cryptocurrencies are usually credited much faster.

Step 4: Choose Sporting Market

Now that Lucky Block has funds inside the account, the next step is to click on the ‘Sports’ button.

Players can then choose the sport they wish to gamble on.

Step 5: Place Sports Bet

The final step is to place a bet. On each sporting event, Lucky Block lists a wide range of markets.  For instance, when gambling on soccer games, markets include everything from totals, handicaps, 1st/2nd half, combos, corners, and much more. Players can review bets on their bet slip, and then click Place Bet.

How We Rate the Best Bitcoin Sports Betting Sites

We have reviewed a total of 67 crypto sports betting websites and narrowed the list down for our readers based on which sites passed our initial quality check. We looked at a wide variety of features and characteristics to put together this list of the best crypto sportsbooks, asking:

Security – 30%

The primary metric factored into our ranking system is security. All of the crypto betting sites featured in our guide here take security very seriously. We look for SSL encryption technology (or similar) so that we know the betting site can protect user’s information.

Additionally, we make sure each crypto betting site featured is licensed by a reputable government or agency with established credentials in the crypto sports betting industry before recommending it.

Welcome Bonus – 25%

A close second on our list of ranking factors are welcome bonuses. We evaluate each crypto betting site’s offer, the maximum potential, the wagering requirements, and compare offers against one another. If the site also offers promotions and rewards beyond the initial sign-up bonus, that’s certainly a point in its favor.

Sports Betting Options – 20%

Third on our list is sports betting options. It is a very important factor to evaluate because most users are interested in signing up at a crypto betting site with the best lines and betting markets, and appreciate betting lines with low juice. As such, we favor betting sites that offer the best betting options and a lower vig.

User Experience – 15%

The fourth factor that goes into each crypto betting site’s ranking is the user experience. We visit each crypto betting site on desktop and mobile devices across iOS and Android. Here, we look for functionality, see how fast pages load, and determine how easy it is to search and navigate. Betting sites that offer an easy signup process and make things easy for the user were given a preferable rating. The better the user experience, the higher the score.

Other Games – 10%

Another ranking factor we look at is what other games are available. This mostly refers to casino games such as online slots, table games, and live casino games. However, it may include poker, lottery games, and others.

Nowadays, the best crypto betting sites will also have a casino section on their site, so when ranking each betting site we look at the game variety, the gaming providers, and bonuses. Lucky Block came out top of this list because it has a strong case when answering all of the above questions.

It offers a huge 200% welcome bonus, plus 50 free spins, and although the wagering requirements are high at 60x, they are staggered so that 10% of the bonus is released for every 6x wagered. It has a high level of security, plenty of sports betting options, an excellent user experience, and a wide selection of games to choose from beyond its sportsbook.

Gambling Responsibly with Crypto

As cryptocurrency gains popularity in online gambling, you need to become more mindful of responsible betting practices. Start by setting and sticking to a budget, ensuring you only gamble what you can afford to lose. Regularly monitor your betting behavior for signs of compulsive gambling and take breaks to maintain perspective.

You should also use responsible gambling tools offered by platforms, such as deposit and loss limits. If you’re struggling, look for support from organizations providing confidential assistance for gambling-related issues – help is out there if you need it.

Best Bitcoin Betting Sites – Bottom Line

This guide has ranked and reviewed some of the best Bitcoin betting sites in the market right now.  Most of the providers discussed today offer attractive bonuses, thousands of sporting markets, and near-instant withdrawals. For the best experience possible, consider TG Casino which offers instant deposits and withdrawals via its powerful Telegram bot capabilities.

Its sportsbook is one of the best around, with 35-plus sports and hundreds of competitions with pre-game and in-play markets available, as well as live streams to watch the action. Away from sports, TG Casino is a leading crypto casino and offers new players a welcome bonus of 200% rakeback up to 10ETH plus 50 free spins.

Visit TG Casino

Bitcoin and Crypto Sports Betting FAQs

Can you use crypto for sports betting?

Yes, you can. Using a crypto-only sportsbook typically offers the opportunity to gamble anonymously, in addition to having access to withdrawals that are processed instantly.

How does Bitcoin betting work?

Bitcoin betting works similarly to traditional online betting, but instead of using fiat currency (such as dollars or euros), you use Bitcoin to place bets and receive payouts.

Where can I bet BTC?

There is no shortage to the number of crypto casinos and sportsbooks that accept Bitcoin as a payment method. One of the best options in this market is Lucky Block. This provider offers a fully-fledged casino and sports betting facility that supports several cryptos, including Bitcoin, as well as ETH, XRP, ADA, and more.

What is the most trusted crypto betting site?

One of the most trusted crypto betting sites in the market today is Lucky Block. Mega Dice, Cloudbet, and BC.Game are also considered top-rated crypto betting sites.

Is Bitcoin betting safe?

Many crypto betting sites have been in operation for several years, which is further supported by positive reviews in the public domain. However, do remember that gambling – whether that’s with Bitcoin or fiat money, is risky. There’s always that chance that you could lose some or even all of the funds that have been deposited.

Is betting with Bitcoin anonymous?

In many cases, online betting sites that specialize exclusively in cryptocurrencies offer an anonymous gambling experience. This means that players can open an account simply by providing an email address.

References

About the Author

Nick Pappas is an expert writer who specializes in casino reviews. He earned his bachelor’s degree in English at Indiana University in South Bend and is an avid sports fan. He’s written for LifeSavvy Media, Legit Gambling Sites, Basketball Insiders, The Sports Daily, and more.