Sports betting has long been a huge part of gambling throughout the world. Not only that, but it’s a major contributor to the global economy. Impressively, it has a value of approximately $250 billion throughout the world as of this year. As one of the fastest-growing sectors, it comes as no surprise to find that Crypto Betting Sites have made their way into the gambling market. And, there is a lot for players to like when it comes to cryptocurrency sports betting platforms.

Best Betting Sites Which Accept Bitcoin

Not only do these crypto sites have the ability to offer large, generous bonuses, but there are many other top features to consider as well. As many players do not know the ins and outs of crypto sports betting sites. Therefore, we’re going to take a close look at what they have to offer. In our crypto betting guide, we’re covering everything from sports markets and odds, through to the security and anonymity of online crypto gambling sites. This will enable you to choose the best place to bet with confidence.

Best Crypto Betting Sites List

1. BetOnline
2. 1xBit
3. Nitrogen Sports
4. Cloudbet
5. FortuneJack
6. Sportsbet.io
7. Stake
8. mBit Casino
9. Betcoin.ag
10. BetUS

Top Crypto Sportsbooks – Review

To give players a boost when it comes to picking where to play, we’ve taken the time to carefully review the best crypto bookmakers out there. We look at specific criteria in order to select which crypto gambling websites are the best. As such, only the most trusted sites are listed here. Thus so have a look below and find out which of our top secure crypto betting platforms suits you.

BetOnline Crypto Offering

This online betting platform has a dual gambling platform, combining the sportsbook with a casino. It’s got a strong welcome bonus for any sports bettors, offering a great start to the gambling platform as a whole. Additionally, there is a wealth of different cryptos which BetOnline accepts. Of course all of which offer fast, fee-free transactions.

Pros

1. Offers a casino as well as a sportsbook
2. Mobile friendly and compatible
3. Fast withdrawals for cryptocurrencies

Cons

1. Bonus offer can improve

1xBit Crypto Betting

Combining a sports betting platform with a casino means this is a well-rounded site. It’s got a hugely comprehensive selection of sports on offer including top sports such as football, MMA and soccer. But, it’s also got more unique offerings such as bandy, hurling and esports.

Pros

1. 24/7 customer support
2. Accepts many different cryptocurrencies
3. Extensive sports betting markets
4. Good selection of odds available

Cons

1. Challenging platform for beginners
2. Some information is hard to find

Nitrogen Betting Sports With Crypto

Now known as NitroBetting, this sports betting site also adds a fully-fledged casino into the mix. However, sports are its main focus and this shows in the extensive selection of betting markets Nitrogen offers. It’s also one of the completely anonymous gambling sites, and has a rich selection of ongoing and one-time promotions.

Pros

1. Anonymous betting available
2. Huge selection of sports
3. Great choice of bonuses and promotions

Cons

1. No official licence
2. Issues with reputation
3. Limit support alternatives
4. Withdrawal fees on BTC transactions

Cloudbet Crypto Offering

Like many other sports betting crypto sites, Cloudbet also offers a casino on its platform. It provides a great all-round platform with anonymous betting available. The sports section is impressive, with low margins and a great selection of in-play betting options. It’s also got fast withdrawals, many of which take less than 10 minutes.

Pros

1. Exotic bets like politics and entertainment available
2. Fast payout times
3. Large selection of sports
4. Secure betting platform

Cons

1. Odds aren’t as competitive as other sites
2. Some fees on deposits

FortuneJack With Crypto

Coming in with a great reputation, this FortuneJack crypto gambling site also combines a sports betting platform with a casino. Not only that, but it has some of the best odds out there, easily competing with many of the top sports betting brands. It combines this with excellent support services as well as a crypto no deposit bonus.

Pros

1. Great reputation from players’ perspective
2. Instant withdrawals available
3. Competitive sports betting odds
4. Excellent customer support

Cons

1. Not an anonymous betting platform
2. Some deposits do have fees
3. Minimum deposit for bonus eligibility is high

Sportsbet.io Crypto Betting

Fully licenced and regulated, this sportsbet.io crypto sports betting site is accessible to a wide range of players from around the world. It’s got a great selection of sports and even has horse and dog racing covered by crypto payments. There’s a huge welcome bonus provided, and more than 30 different sports to bet on, including virtual sports offerings.

Pros

1. Regulated by Curaçao
2. Virtual sports betting options
3. Big sports partnerships
4. Racing markets available

Cons

1. Bonus is quite small compared to other sites

Stake Crypto Offering

One of the best all-round sites for anyone wanting to gamble with crypto, Stake also offers a strong platform for sports. It’s home to one of the largest selections of cryptocurrency payment options, alongside a vast selection of bonuses and promotions. For sports betting markets, it’s got something for everyone.

Pros

1. Stellar reputation
2. Excellent security protocols in place
3. Accepts more than 130 cryptocurrencies
4. Active player community

Cons

1. Some information on fees is not provided
2. Lacks a welcome offer

mBit Casino and Crypto Betting

Around for a decade, mBit crypto site combines all the right features. It has a range of bets available including live betting. The markets themselves are also quite strong, featuring a selection of different popular, sports as well as more unusual ones such as darts and water polo. Importantly, it has competitive odds in place as well.

Pros

1. Same-day and instant payouts
2. Very crypto-friendly
3. Licenced with Curaçao
4. Good security protocols in place

Cons

1. Rather simple design
2. No fiat currencies
3. Only English and German languages

Betcoin.ag Bitcoin Betting

With almost no complaints, this crypto platform is clearly doing things right. It offers completely anonymous play, requiring only an email for sign-up. With an active betting community in place, players can communicate through live chats. Additionally, there are no withdrawal limits, and payouts are fast. All this is along with a sportsbook with crypto betting markets in more than 70 sports.

Pros

1. No withdrawal limits for wins over 3BTC
2. Payouts in under four hours
3. 75 sports markets
4. Excellent support available 24/7

Cons

1. Lacks a welcome bonus
2. Bonuses are only available on desktops
3. All bonuses are provided on request only

BetUS Crypto Offering

Offering up a simple-to-use interface, BetUS is a great place for newcomers. It’s got an impressive range of sports on offer as well, which is hardly surprising seeing as this site has been operational for 25+ years. It offers a strong customer support system and a variety of bonuses as well.

Pros

1. Well-established in the betting world
2. Excellent human-managed support
3. Range of sports including exotic markets
4. Simple interface

Cons

1. Bad reviews on some sites
2. Limited number of cryptos accepted

Cryptocurrency Betting Sites – Bonus Offers

Across all crypto betting platforms, there are always bonuses and promotions on offer. In fact, these days it’s almost unheard of for a site to have no bonuses at all. These days, cryptocurrency betting sites offer a wide array of bonuses specifically for sports bettors. These are available to increase the player’s bankroll and give them a boost when they are playing. Below, are a list of some of the top crypto bonuses and promotions players can expect to find at cryptocurrency sports betting sites online. Check out our list of the Best Bitcoin Betting Sites.

Welcome Bonuses at Crypto Sportsbooks

Typically available across all betting sites, a welcome bonus is a great way for sites to encourage new players to sign up and play. These bonuses tend to vary dramatically across sports betting platforms, but are usually the largest, most generous offer provided by the platform. They can come in a range of different formats, but the most common is a match deposit bonus. That being said, free bets are increasingly popular at Bitcoin sports betting sites as are odds boosts.

Crypto Match Deposit Bonus

One of the most common forms of bonuses, the match deposit bonus features heavily for both welcome and ongoing bonuses. This type of bonus requires the player to make a qualifying deposit in order to access the bonus. Depending on the sports betting site, the percentage matched by that site can vary wildly. Usually, this is around the 100% mark, but it can be as much as 200%. The maximum deposit matched also differs across platforms. Whatever the offer, it’s a great way for players to boost their bankroll.

Crypto Betting Sites Free Bets

Popular on sports betting sites, free bets are often found as a regular bonus or promotion. Usually, the free bet is awarded after a deposit of a specified size has been made. Then, the bet with a predetermined value is added to the player’s account. Usually, this free bet is only available for specific events or sports.

Free bets should not be confused with risk-free bets, which are slightly different. Essentially, a risk-free bet is a no deposit bonus where the small bet is provided simply because the player signed up.

Crypto No Deposit Bonuses

One of the most popular bonus types as it is completely risk-free for the player, it’s also one of the least common. This bonus offers a small amount of cash to play with on the betting site. However, at this time, there are no or few no deposit bonuses available.

VIP Rewards

Many sites also offer VIP or loyalty programs to encourage players to stick around for the long-term. Depending on the site, players may be required to sign up to the program via live chat, or wait for an invite from the betting site itself. However, the best programs like this are the ones that players join automatically.

Operating with different levels, players earn points for every real-money bet they place. The more deposits and bets the player makes, the more points are accumulated. And, with more points, players move through the loyalty levels accessing different bonuses and perks. Typically, these perks include exclusive offers, cashback, faster withdrawals, higher maximum payouts and so on.

Crypto Bonus Terms and Conditions

No matter what bonus is chosen, they always have wagering requirements and other specific terms and conditions attached. Wagering requirements refer to the amount of times the bonus needs to be played through before any winnings can be withdrawn. They can be as little as 2x, but as much as 70x. Failing to meet this requirement means players won’t be able to withdraw their winnings.

Other common conditions attached to crypto bonuses include minimum and maximum odds requirements. Additionally, there are usually limits on the bet size as well. Occasionally, players will find that there is a timeframe for using the bonus, or that it is only eligible for a specific sport or event, which simply highlights the importance of checking the fine print.

Choosing the Best Crypto Betting Sites

It can be incredibly hard to choose a cryptocurrency betting platform or crypto sports betting exchange. As there are so many available, discerning which are legitimate and which are scams is essential to having a good time playing online. With this in mind, we look at specific factors when reviewing sports betting sites and recommend that players do the same when shopping around for a place to play. Here are some of the main criteria players should consider when choosing their crypto betting platform.

Odds

Players should always perform a comprehensive crypto odds analysis. The best sites need to offer competitive odds across different sports. Ideally, odds and payout percentages should be above 95% for most sports betting markets. In-play or live betting odds are typically lower, but should still be around the 93% mark if they are to be competitive and offer players good value. Any sites that do not meet these requirements should not be considered.

Sports and Betting Markets

These types of sites should also have a range of different sports supported on the platform. Ideally, the major sports should be offered such as football, basketball, baseball, soccer and so on. On top of that, top sites will also offer smaller, less popular sports as well. We also like to look for betting sites that have unique betting options such as politics, entertainment or esports crypto betting.

Once the range of different sports has been established, then the different leagues and tournaments available should be checked. The very best sites will make sure they have a range of betting options from around the world. These should include major leagues as well as smaller ones. For instance, NFL crypto betting sites should also include smaller American football leagues, including those from other countries to make the site more inclusive.

Finally, when looking at betting markets, it is also important to look at the types of bets allowed. Most sites will have standard moneyline, over/under, totals, futures and prop bets. But, the best sites will also have options such as accumulators and in-play or live betting options. Unlike other bets, live betting can only take place once an event is underway. More crypto bets can be placed as well as changed resulting in a more immersive, exciting betting experience.

Betting Features

As these are betting sites, we also expect there to be a range of resources and features available. For instance, blogs and useful information regarding betting practices should be provided. Statistics for key sporting events and players should also be available, helping players to be better equipped for placing bets and making better-informed decisions.

Other betting features we like to see include bet slips and betting calculators as well as the in-play cashout feature enabling players to make a profit before the event ends.

Crypto Betting Anonymity

For many players, the allure of crypto sites lies in the anonymity they provide. However, not all crypto platforms offer this. Some will still have KYC protocols in place requiring players to provide verification and more personal details, something that a growing number of players are intent on avoiding. As such, players should check that crypto sports betting no KYC is actually possible and that they do not have to provide any personal or financial details. By utilizing blockchain betting, players are able to provide secure payment details to the sports betting site without having to provide personally identifying information.

Security and Reputation

While these sites are often anonymous, not all of them adhere to proper security protocols. As such, players should always check that there is a licence in place, usually this is from Curaçao. Having a licence means the sports betting site adheres to specific requirements such as providing SSL encryption, responsible gambling tools and so on.

On top of that, players should also be on the lookout for evidence of player satisfaction. While looking at review sites is a great way to get started when checking out a site’s reputation, nothing tells it like it is quite as well as player reviews. Finding good player reviews or responsive, helpful replies to player complaints engenders a lot of trust in a site and demonstrates that they care about their players.

Crypto Payment Options

One of the first things to look at on any crypto platform is the range of altcoin betting options. A site may be a cryptocurrency platform, but more often than not, will only have a few options. Such is the case with many Ethereum betting platforms for instance. The best ones will accept a range of different cryptocurrencies and even provide new players with the chance to buy crypto through their platform rather than expect them to come fully laden with a crypto wallet. Players should always check that their preferred crypto is actually available prior to signing up.

In addition to a range of cryptos, players should take a look at the specifics surrounding transactions. Here, it’s important to look for the speed of all transactions. Given that these are crypto sites, we do expect transactions, including withdrawals to be almost instant. We also expect there to be minimal fees, and any fees that are required should be transparent.

Finally, the limits on payments should also be checked. Sites should be offering low minimum deposit requirements with high maximum withdrawals. In the ideal case, maximums will be unlimited for both deposits and withdrawals. Sites that require high minimum deposits or have a low maximum withdrawal limit for crypto should be avoided.

Crypto Sportsbook Promotions

To get a better head start playing online, top crypto sportsbooks will have an array of bonuses and promotions. Ideally, these should not be aimed at just newcomers to the site, but should feature a wealth of options for regular players as well. Not only should there be a selection of lucrative offers available, but all bonus terms and conditions should be fair and transparent. Sites that do not properly explain their bonus requirements, or those that offer small bonuses, should be avoided.

Support

Finally, no matter how good the crypto platform’s interface is, there should always be a good customer support option in place. Ideally, a live chat operating by real people 24/7 is. On top of that, players should also be able to access a range of different contact methods including email, phone or social media support. Responses should be helpful and clear. And, a comprehensive FAQ needs to be available. If there is no clear support system in place, disregard this site.

Traditional vs Crypto Sports Betting Sites

Once you know how to choose where to play, the question still remains — why play on a cryptocurrency gambling platform? Well, as with traditional online betting platforms, there are pros and cons. Looking at these in detail is the only way to determine whether you bet on sports crypto sites or choose more traditional fiat sites. Have a look below as we look at the advantages and disadvantages of using a cryptocurrency betting platform.

Pros

As outlined earlier, betting using crypto does mean players can remain anonymous. Financial transactions won’t show up on bank statements. This is a major plus when compared to traditional sports sites that do require players to verify themselves and use fiat currencies and accounts that can be traced.

Because of the lack of verification, registration at one of these betting sites takes a matter of seconds. Usually, all that’s required is an email. At traditional online sports betting sites, a wealth of information is required, which is then followed by the rather time-consuming KYC protocols.

Another major plus for crypto versus traditional sports betting sites is that withdrawals have a fast processing time. By using the blockchain to verify transactions, these sports betting sites can pay out in minutes. In contrast, fiat sports betting sites can take two days or more before releasing a win.

With fewer costs in place to process cryptocurrency payments, the benefits are felt in other areas of the site as well. Most notably, there tend to be no transaction fees in place. And, bonuses are often far bigger than those provided by traditional online sites. Given the volatility of crypto, these bonuses have the potential to become even more lucrative depending on the market.

Cons

Using cryptocurrency when betting on sports does have some downsides as well though. For instance, there is reduced security and licencing for these sites. This means there are more fraudulent sites out there that users need to identify and avoid. With limited regulation in place, more sites are able to get away with fraudulent practices. And, with no governing bodies, players are left to fend for themselves if something should go wrong.

Another problem is the lack of chargeback. Fiat currencies, especially when using card or eWallet payments have the safety net of being able to cancel or reverse a transaction. When using a blockchain currency this is no longer possible. As such, all transactions are final and cannot be reversed. There’s no room for error, so players really need to make sure they want to place the bet before making it.

Finally, while this can also be a pro, a major con for crypto is its volatile nature. As mentioned, this can mean the value of bonuses can increase, but they can also drop. Additionally, while players may get a win, depending on the market movement regarding the value of crypto, they may end up with a loss overall. It’s worth considering this before placing a cryptocurrency bet.

Is Cryptocurrency Betting Legal?

Online betting with crypto is actually a bit of a grey area. In fact, it typically falls outside any licencing or gambling jurisdiction in many countries. For most countries, sports betting with crypto is not licenced within the country, so players will need to use sites based offshore. So, while it is not actually licenced or legal to bet using crypto, it’s also not illegal.

The problem here is that cryptocurrencies are not properly defined, with most governments not recognizing crypto as a legal tender. With it not being legal tender, regulated sites can’t offer it as a payment method and thus it sits outside the remit of most gambling controls. As such, it is still legal to bet using crypto, but players do need to be aware of the regulations toward crypto in their own country before proceeding on a cryptocurrency or Bitcoin site.

Crypto Betting Apps

While it may seem convenient to have a crypto betting app, many of the crypto sites do not have a crypto betting app. Luckily, this doesn’t mean that there is no access to the site via a mobile device. Far from it in fact. These days, the vast majority of betting sites make sure that their platforms are fully mobile compatible. This simply means that players need to use the mobile browser version of their site when accessing the platform.

Most are fully optimized and compatible across all mobile devices. Better still, they offer the same bonuses and betting markets as the main desktop sites. Typically, the layout and design are the same as the main desktop one making it incredibly easy for players to switch back and forth between both platforms.

If the site does have an crypto betting app, it’s important to note that this is usually available to download directly from the sports betting page. Due to the grey area when it comes to crypto legalization and the strict requirements and regulations surrounding betting apps, both the App Store and Google Play store tend not to permit crypto betting apps on their platforms.

Joining a Sports Betting Crypto Site

It doesn’t matter whether players are joining old or new crypto betting sites, the general process is the same. Signing up is straightforward, but to give players an even easier head start, here are the main steps in the process.

1. Select a sports betting platform — look at the different sites and check out our reviews and which ones we recommend. Pick the one that meets your requirements the best.
2. Buy cryptocurrency or link a wallet — purchase cryptocurrency to use on the site. If you have already got a crypto wallet, make sure your chosen site accepts this currency. Alternatively, if you are yet to purchase crypto, simply purchase through your chosen betting platform.
3. Register or sign up — click on signup or join and begin the registration process. Usually, this simply means adding and verifying an email address. Once complete, you’ll have access to the site.
4. Make a deposit — connect your crypto wallet to your account. Most sites will make this process easy, even outlining the steps you need to perform this step. Then, make a deposit making sure you meet any minimum and maximum deposit requirements if you are claiming one of the bonuses. It’s always worth claiming any bonuses offered at this point as it can boost your bankroll for your sports bets.
5. Place a bet — take a look at the sports and betting markets available. Choose your favourite sport and head to your favourite league or event. Place a bet and sit back to see if you win.

Crypto Betting Sites – Conclusion

Despite what the naysayers might say, it’s entirely possible to find and play at a safe, secure crypto sports site. With more and more sites accessible to players, and a knowledge of what to look for in a top site, players can go out and easily find a betting site with crypto that suits their needs. Of course, players should also consider the betting markets, odds, anonymity and payment options as well.

Look at the different reviews available for the best sports betting crypto sites. And, for the best experience, choose those with great reputations and lucrative promotions.

Last Updated on March 16, 2024