Best Bitcoin Sportsbooks
Now there are more crypto online sports betting sites than ever, and with each passing day, hundreds of new players are trying their luck by placing their first sports bet. These crypto betting sites will give you the opportunity to deposit with Bitcoin, Ethereum, Ripple, and other popular cryptocurrencies. However, because some online sportsbetting sites are better than the rest, we decided to prepare this article where we will give you hints about the best sports betting sites for Bitcoin gambling.
Best Crypto Sports Betting Sites Reviewed in 2024
With so many cryptocurrencies on the crypto market, now it is easier for all of us to make a deposit to crypto sports betting sites and to start betting. So, if you were asking yourself, “which are the best crypto sports betting sites in 2024” continue reading and find out more about the top 5 sports betting sites in 2024.
Fairspin is the next Bitcoin sports betting site that we will cover. Even though it started only a few years ago, Fairspin is now a very popular gambling platform. Here, you can use your Bitcoin or other crypto coins to place bets on the most popular sports matches on Football, Basketball, American Football, Tennis, Ice Hockey, etc. Furthermore, you can also play slots, Roulette, Jackpot games, and Baccarat. Fairspin is known for its massive welcome offer, where you can grab up to $450,000 with your first four deposit bonuses. In addition, with every placed sports bet, you are going to generate TFS, which is the internal token of the Fiarspin platform.
Cloudbet is one of the first online betting sites that started accepting Bitcoin and other cryptocurrencies. In fact, at Cloudbet, you can place bets on thousands of sports, e-sports, and virtual sports. On top of that, there you will have the option to play online casino games, live casino games, slots, Blackjack, and so on. However, one of the best things about this Cloudbet is that they are offering zero margin matches on a daily basis, meaning that you can enjoy the best odds! All first time depositors at Cloudbet can use the welcome deposit bonus and get up to 5 BTC on top of their deposited amount!
Another crypto sports betting site that definitely deserves its place on this list is Sportsbet.io. If you have never heard before about this sportsbetting platform, you will be amazed by all of the promotions that you’ll find there. Free-to-enter contests, guessing gmes, challenges, combo boosts, entry to special sports events, and merch giveaways are just a few examples of what you can expect. However, you should know that there is no welcome deposit bonus at Sportsbet.io, but that shouldn’t be any problem because of the numerous promotions and its excellent Loyalty system.
Stake is a perfect pick for all of you that love placing huge sports bets. This gambling platform is already a partner with Everton, Watford FC, UFC, Kun Aguero, Drake, and others. Here, you can make a deposit using Bitcoin, Litecoin, Dogecoin, Tether, Tron, Binance Coin, Ethereum, Bitcoin Cash, and EOS. No welcome bonus is available at the moment at Stake.com, but you can be able to enjoy $200,000+ giveaways on a weekly basis, numerous sportsbetting and casino promotions, and an amazing VIP system. Also, Stake.com is well-known for its super-fast withdrawal speeds, so you won’t have to wait for days or even weeks on each withdrawal!
Chances are that you have heard about Winz.io and its massive bonuses, cool promotions, and amazing VIP club benefits. Winz.io started as a crypto casino, but recently it enabled sports betting. Now, if you are a sports betting fan that loves using crypto for betting on sports, you can do that at Winz.io. We are saying this because there you will find all of the sports that you can think of, very competitive odds, several odds formats, and most importantly, you will be able to withdraw your winnings within hours at tops!
Is Bitcoin Betting Legal in the US?
While Bitcoin can be used in almost all crypto sportsbooks, people that live in the USA can find it harder to use it. This is because of the strict gambling policies that are currently present in the US. However, there are still some Bitcoin Sportsbooks for US players, and we will tell you which are those sites below!
Best Bitcoin Sportsbooks for US players
If you are from the US and you love betting on sports, you have come to the right place. Below, we will cover the top 3 Bitcoin sports betting sites for US players, so you will only have to pick your favorite and make your first Bitcoin deposit.
BC.Game is an all-in-one gambling platform. There, you can play live casino games, casino games, provably fair games, and most importantly, you can place bets on dozens of sports. In the sports section of the website, you will find the best leagues and the most popular sports. You can even use your deposited crypto to place E-sports bets. All BC.Game players can enjoy the various promotions at this gambling site, from which you can get up to 1 BTC in rewards for signing up.
BetOnline is definitely one of the most popular crypto sports betting sites that accept US players. Here, you can use one of the many offered welcome bonuses in order to get more chances of winning at betting on sports. The odds that you will find at BetOnline are awesome, and in addition to that, you will occasionally find promos that will serve as odds boosts. Do not forget that this site has a racebook, which is excellent for all horse betting fans.
One of the oldest sportsbooks in the USA is BetUS. In fact, this betting platform was established back in 1993, and that can tell you a lot about its trustworthiness. Here, you will find casino games, sportsbook, racebook, and many promotions. For example, you can get a 200% crypto bonus on your first crypto deposit. Speaking of the odds, we must say that they are pretty high when compared to most US-friendly sports betting platforms. That is why BetUS really deserves its spot in our list of top sportsbooks for US players.
How to start betting with Bitcoin
Betting with Bitcoin on any sportsbetting platform is pretty easy. In fact, it is the same whether you are betting with Bitcoin or any other Fiat currency. The only difference is that in the first case, you will be betting mBTC or BTC, and in the second, you will use USD or EUR. So, if you know how to navigate through regular betting platforms, you will find it easy to place your first sports bet with Bitcoin. Below, we will give you a guide on how you can use Bitcoin for your gambling adventures.
Step 1: Create or download a Crypto Wallet
The first step is to create or download a crypto wallet. There are several types of wallets: mobile wallets, hard wallets, paper wallets, etc. Each of these has some advantages and disadvantages. That’s why you can google: Best crypto wallets, and follow the instructions until you are done with it. For example, one simple and good option is the Bitcoin.com wallet, which can be downloaded to your mobile phone. Whichever option you choose, do not forget to write down the wallet’s seed that is needed for retrieving your money in case of a lost device or other unfortunate events.
Step 2: Buy Bitcoin or alternative crypto
Next, you should decide which crypto you are planning to buy. However, we recommend checking the accepted cryptocurrencies at the sportsbetting site where you are planning to use them before you make your decision. Then, just open the app or wallet, fund your account using your preferred Fiat currency, and you will receive your crypto within minutes.
Step 3: Sign Up for any top sportsbook in our list
After you have successfully bought crypto, you can proceed by signing up at any of the sportsbooks from our list. If you come from the US, you should register an account at any US-friendly sportsbook. Or, you can check them all and their promotions in order to find out which one suits your betting style the most.
Step 4: Send crypto to make a deposit
Next, you will have to log in to the sportsbook that you chose. Look for the buttons “Deposit”, “Wallet”, or “Cashier”, and look for the cryptocurrency that you bought. Copy the crypto address, open your crypto wallet, select the same currency, press “Send”, and paste the previously copied address. After doing so, your money will hit your sportsbook account within several minutes.
Step 5: Start Betting on your favorite sports
Once you have received the deposited crypto in your player account, you can head to the sports section of the website and choose your favorite sport. Usually, you will find dozens of sports on which you can place bets on scheduled or live matches. Also, at most of them, you will be able to place bets on E-sports and virtual sports.
Here are some of the most popular sports and e-sports in the bitcoin betting space:
- Formula One
- Dota 2
- CS: GO
Benefits and Advantages of Using a Crypto Sportsbook for Betting
There are several benefits with it comes to betting at a crypto sportsbook, and below we will cover the most important ones.
Fast Deposits & Withdrawals
First of all, when you are using crypto, you should know that at most of the sportsbooks, you will receive your deposits and withdrawals in a timely manner, which is usually only a couple of minutes. This is much better when compared to traditional withdrawal methods like Visa, Mastercard, or bank transfer, where one transaction might need several days to be completed.
At Bitcoin betting sites or crypto betting sites in general, the fees are very low. Usually, you will have to pay a deposit fee which depends on the amount and the speed of the transaction. The bigger the deposit amount, the bigger the fee. Also, if you want to receive your money even faster, you can just adjust the gas settings and pay something extra. However, even in those cases, you won’t be paying more than a dollar or two, and more than often, it will be only a few cents.
When it comes to withdrawing, most of these sites won’t even charge you a withdrawal fee. However, if there is a withdrawal fee, it will be so low that you won’t even notice it!
Another huge advantage of crypto sportsbooks is anonymity. While most of the traditional ones require you to complete the boring KYC procedures, at most crypto sportsbetting platforms, you will be able to withdraw without sending images of your passport, ID, and other personal documents. Also, you can withdraw your money without anyone else knowing how much you have won, which is not the case when you are using credit or debit cards.
Bigger Bonuses & Rewards
When playing online, you will be able to enjoy various welcome deposit bonuses, rewards, promotions, tournaments, and competitions. You can occasionally get a freebet or insurance. This is of crucial importance because when playing at a land-based casino or regular online casino, you won’t find such lucrative bonuses and promotions. The bonuses can be used by anyone and are a great way to win more.
Also, some crypto betting sites are decentralized. Now, decentralized applications, or Dapps, give us access to casino games. Decentralized casinos are the peak of blockchain gambling because they only use the blockchain. As a result, these games serve as the foundation for a decentralized casino. However, they must follow certain guidelines. They must, for instance, be open-source and totally free from outside restrictions. Furthermore, transparency is essential; decentralized casinos always keep their data available to the public.
Drawbacks of crypto betting sites
Even though there are much more advantages of crypto betting sites, we must confess that there are some disadvantages as well. Let’s check what these drawbacks are below!
Lack of regulation
Cryptocurrencies are still not regulated and accepted in the whole world. While some countries have made it easy for their citizens to use and pay with crypto, others still have problems with regulations. That is why you should check your local laws regarding crypto payments before depositing to an online crypto betting platform.
Crypto price volatility
Contrary to fiat money, cryptocurrencies don’t have a fixed price. This can be both good and bad. For example, if you have deposited 1 Bitcoin while it was $10,000, and then the price of Bitcoin doubled, you will now have money that is worth $20,000. However, if the price drops by 50%, your will lose half of your money even without playing. That’s why when you deposit at some crypto sportsbooks, your money will be instantly converted into USD, so even if the price of your crypto fluctuates, you will have the same balance.
For last, we will mention that after making a crypto deposit to any online sportsbook platform, you are not able to cancel it. Also, you won’t be able to ask for a chargeback. Instead, you will have to wager your money, and then you can withdraw them back to your favorite crypto wallet.
Top Popular Cryptocurrencies for Betting
Below we are going to mention the top cryptocurrencies for betting on sports. Nowadays, if you have any of the following cryptos, you can easily deposit to many popular Bitcoin sportsbetting websites.
Bitcoin Sports Betting
Bitcoin is the world’s most popular cryptocurrency. It is accepted in almost all crypto sportsbooks, and there are many wallets on which you can hold your Bitcoins. So, if you like to place bets on sports or e-sports, and have some Bitcoin in your wallet, just create an account at any of the sportsbooks from our top list, use the welcome deposit bonus and start betting.
Ethereum Sports Betting
After Bitcoin, Ethereum is the next on the list of top cryptocurrencies for betting on sports. After the recent change of the Ethereum network from PoW to PoS, you will no longer have to pay bigger fees. Instead, we can now send and receive Ethereum with very low fees. On top of that, the transactions are also faster, so you will be receiving your withdrawals quicker than before.
Ripple Sports Betting
Ripple is one of the favorite cryptocurrencies when it comes to sports betting for many people. If you are asking yourself why that is, you should know that Ripple is known for its super-fast blockchain speed, low-fee transactions, and great security. Another good thing about betting on sports with Ripple is that most betting platforms have very low minimum deposit limits, which is perfect for beginners.
Tether Sports Betting
Tether is the most-widely accepted stablecoin that is being used mostly by traders from around the world. The difference between a stablecoin and normal cryptocurrency is that the Tether is pegged by the US dollar, so even when the prices of other cryptos are going up and down, Tether is keeping its worth. That is one of the biggest reasons why some people are into Tether sports betting!
Cardano Sports Betting
Cardano, or also known as ADA, is a real gem from the crypto world. According to many crypto enthusiasts, it has one of the best blockchains in the world and is also a great community. The fees are almost zero, and all transactions happen within seconds. The online sportsbetting apps know these facts, and that is why they started accepting Cardano as a payment method.
Dogecoin Sports Betting
Even though this crypto coin started as a joke, now it is a popular cryptocurrency that you can use to make deposits and bet on sports on crypto sportsbooks. Dogecoin is the first meme coin, but also Elon Musk is one of its biggest advocates. Many people made lots of money by holding this coin in their wallets, and the sportsbooks couldn’t resist adding it to their deposit methods.
Litecoin Sports Betting
Another great alternative to Bitcoin when placing sports bets is Litecoin. Many people are even saying that they prefer using Litecoin because of its Lightning Network, which is extremely fast and cheap. If you have Litecoins in your crypto wallet, do not hesitate to create an account at some of our recommended sports betting websites. Make your Litecoin deposit, use the welcome bonus and start betting on live matches, scheduled matches, and e-sports.
Binance Coin Sports Betting
The world’s biggest crypto exchange is Binance, and Binance Coin is its main token. If you want to use your BNB in order to bet on sports, you can do that on several sportsbooks. Also, the blockchain of BNB is a superb one, it has low transaction costs and can support more than a million transactions per second. When it comes to bonuses, you will also be able to claim them as you would with a Bitcoin deposit. So, pick your favorite Binance Coin sports betting site, place a sports bet and win big.
Solana Sports Betting
Another excellent coin that started to get recognized by many sportsbooks and online casinos is Solana. Solana is also one of the most used blockchains that many NFT collections are based on. If you want to feel the adrenaline of sports betting and have some Solana left in your wallet, create an account, build a winning betslip and enjoy your winnings!
Stellar Sports Betting
Many of the top online sportsbooks now accept the cryptocurrency Stellar. The cryptocurrency’s full name is Stellar Lumens (XLM), and it is among the quickest and easiest to use in terms of energy consumption and transfer speeds. Stellar sports betting deposits, as a result, have the lowest network costs of all the cryptocurrencies that are now enabled, and they move as quickly as credit card deposits while maintaining 100 percent reliability.
Bitcoin Cash Sports Betting
Although it isn’t the same with Bitcoin, Bitcoin Cash is one of the more popular cryptocurrencies that crypto bookies are starting to accept. Betting now gives you a way to use Bitcoin Cash if you’ve invested in it in the past or have always wanted to test it. Those switching to Bitcoin Cash from Bitcoin will note that all of the perks of using Bitcoin are still available when placing bets at your sports betting site. This means that if you want, you can stay anonymous.
Bitcoin Sportsbooks FAQs
Below we will give you answers to the most frequently asked questions regarding Bitcoin Sportsbooks.
What is the best Bitcoin sportsbook?
We cannot say which is the best Bitcoin sportsbook because, in answer to that question, many factors come into play. While some sportsbooks offer the best odds, another can have the biggest welcome deposit bonus, and a third one can have the best sports promotions. So, we advise you to check our list at the top of this article and make your pick after considering all the factors. For example, Winz.io, Cloudbet, and Sportsbet.io are among our top picks for Bitcoin sportsbooks.
Which BTC sportsbook has the highest payout?
While most of the BTC sportsbooks allow you to have huge payouts, you should know that you will have to either bet really big or win a betslip of high odds to receive these large sums of money. However, our recommendation for a BTC sportsbook with the highest payouts is Stake.com, where you can bet hundreds of thousands of dollars and win millions!
Why do sportsbooks use Bitcoin?
Sportsbooks started accepting Bitcoin because it is the world’s number one cryptocurrency. In addition, when you are betting with Bitcoin, you can stay under the radar (be anonymous) and also enjoy higher bonuses than those at traditional sports betting websites. Furthermore, when withdrawing money using Bitcoin, you will receive your winnings within hours, which is much faster than withdrawing using Mastercard, Visa, or other traditional methods.