10 Best eSports Crypto Betting Sites 2024: Bet on eSports with Crypto!

In recent years, eSports has evolved from a niche hobby to a global phenomenon, attracting millions of fans and generating billions of dollars in revenue. With the rise of cryptocurrency, a new dimension has been added to the world of eSports betting. Today, a growing number of eSports crypto betting sites allow enthusiasts to place bets on their favorite games using cryptocurrency. These sites offer numerous advantages over traditional betting platforms, including faster transaction times, greater security, and more diverse payment options.

In this article, we will explore the world of online eSports crypto betting sites, their features, and the benefits and risks associated with using them.

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10 Best eSports Crypto Betting Sites in 2024

  1. Lucky Block – Overall Best eSports Crypto Betting Site
  2. Stake – Popular Sportsbook with 40+ Markets
  3. 1xBit – Best Site To Bet on Leading eSports Leagues
  4. BC.Game – Trusted Bookmaker To Begin eSports Betting
  5. Bovada – Popular for eSports Betting Odds and Lines
  6. FuturePlay – Huge Choice of Live Dealer Games
  7. Sportsbetting.ag – Variety of eSports Options to Bet On
  8. Bitsler – Specific eSports Tournaments Using Crypto
  9. BetUS – Offers Risk-Free Esports Betting
  10. Sportsbet.io – Most Reputable Site With SSL Encryption

How to Choose the Best eSports Crypto Betting Site For You?

Choosing the best eSports crypto betting sites with crypto can be quite overwhelming. While there are many factors to consider when narrowing down the top eSports crypto betting site, players can never ignore some specific pointers. These considerations will play a major role in delivering the best results enabling a reasonable win rate.

The pointers outlined below will ensure the utmost safety in choosing the best sites and a good betting experience. It will also help players determine whether the site will suit their specific requirements or not.

Restricted Countries

The ability to access esports cryptocurrency betting sites is of primary importance. It is a fact that every site has a list of restricted countries where players these countries cannot access the website.

If the players from these restricted countries can still access the site, they can do so as their responsibility. Thus, it is vital to visit only those esports betting websites that support the players’ jurisdiction.

Reputation and Trust

Reputation may not be a significant decider as best esports cryptocurrency betting is a relatively new concept. However, the trust element cannot be overlooked as it showcases the authenticity of the betting site. A few esports sites have garnered quite a name in a brief span and are known for fairness and reliability. New players can select the Bitcoin esports betting sites based on other user reviews.

eSports Available

The eSports industry is gradually growing with popular titles and leagues like DOTA 2 esports, Counter-Strike: Global Offensive, League of Legends, etc. While this may be true, customers must understand that not all online esports crypto betting sites provide esports leagues or titles. Thus, before choosing esports betting platforms, it is essential to determine whether the platform features the games the customers wish to bet on or not.

VIP Programs and Bonuses

For instance, determining the type of player, like whether the player is a casual bettor or a frequent bettor, will help choose sites with better VIP programs. Opting for platforms offering more suitable VIP programs will certainly help in the long run, irrespective of the frequency of bets placed. It is also important to analyze whether players can elevate to exceptional VIP levels with popular esports game types.

Another important point to consider is the bonuses on offer. The bonus offered also varies and is different for various esports betting platforms. Some eSports crypto betting sites offer a welcome bonus, and others offer only a deposit bonus. While shortlisting these platforms, make sure to opt for one with both types of bonuses.

Payout and Withdraw Speeds

Some platforms offer same-day payouts, while others offer scheduled payouts. Therefore, the withdrawal speed and terms also vary and are related to the type of currency used. Compared to real-world money, cryptocurrency is processed rather quickly. However, the withdrawals speed varies based on the type of crypto coin, whether BTC or XRP, or other Altcoins (ALT).

Withdrawing some select tokens takes up to a few seconds; however, others may take even a few working days. In the case of esports betting platforms that also offer cold storage of crypto funds, the withdrawal process may take a longer time. The wagering requirement also may vary; thus, it is important to consider the withdrawal speed in terms of the cryptocurrency one is interested in before choosing a betting platform.

For more information about instant deposits and withdrawals, users can refer to the FAQ section of the respective websites.

Customer Service

Some of the popular best crypto eSports betting sites offer state-of-the-art customer service. In fact, the trustworthiness and reliability of a site can be gauged by the quality of the customer support team. Right from the time taken to respond and solutions offered are clear indicators of the site’s authenticity.

Most best eSports betting sites with crypto provide 24/7 live chat support.  Generally online casinos that accept Bitcoin provides an option to chat live with 24*7 support to enhance the eSport betting experience. Some also have phone support along with email support. The trick lies in analyzing the response time. Every player will have to interact with the customer support team at one or another phase.

What is eSports Crypto Betting?

In online eSports crypto betting, the bettors use Bitcoin (BTC) or other cryptocurrencies instead of traditional currencies. The significant difference lies in the transaction information included in the blockchain network. Cryptocurrencies offer a plethora of advantages over real-world currency. And these advantages are one of the primary reasons for the rising popularity of cryptocurrency betting platforms.

Although a relatively new concept, the best esports cryptocurrency betting has witnessed a surge in players and bettors who want to make the most of cryptocurrencies. Most popular esports genres and games like League of Legends, DOTA, and Counter-Strike: Global Offensive, among others, offer cryptocurrency bets. Due to esports’ growing popularity, most top platforms support crypto sportsbook with esports betting, along with fiat transactions.

Why Use Crypto for eSports Betting?

As stated at the beginning of the article, esports crypto betting is growing due to the mainstream applications of Bitcoin and other cryptocurrencies. Many players consider esports a growing industry for making money via video games.

While the crypto esports betting industry is still in its infancy, many investors are considering increasing their cryptocurrency holdings. Using BTC or other cryptocurrencies for betting on esports offers the following advantages.

Transaction Speed

Cryptocurrency transactions generally have the potential for faster processing times compared to traditional banking methods. Blockchain transactions, depending on the specific cryptocurrency used and network congestion, can be processed quickly, allowing users to deposit funds, place bets, and withdraw winnings more efficiently. Typically, both verification and confirmation take approximately 10 minutes.

Security

Crypto eSports betting sites accounts are usually protected using the most sophisticated encryption protocols like SSL encryption. Cryptocurrencies offer the utmost transparency due to blockchain networks, and enhanced security is another perk of using them for esports betting.

Sites that provide users to bet with cryptocurrency options also offer better security when compared to fiat currency betting platforms. From the secure registration process to account verification for withdrawals, the user information is secure and protected with enhanced encryption codes.

Anonymous Betting

User anonymity is the primary reason for the rising popularity of cryptocurrencies and blockchain networks. While all the participants can access the transaction information, it isn’t easy to trace the transaction.

The gambling industry is still not widely accepted by many countries. Due to the anonymity of crypto esports betting websites, gambling enthusiasts from such countries can still place esports bets.

Crypto eSports Betting Vs Traditional eSports Betting

eSports crypto betting differs from regular or traditional eSports betting, and both have their unique sets of advantages and disadvantages. Highlighted below are some of the perks of esports betting with cryptocurrencies.

Financial Privacy

Financial privacy or anonymous payments that are secure is the significant benefit of using cryptocurrencies. Here, a visitor cannot be accountable to banks or government authorities. However, the transactions are visible on the public ledger, making it safe while offering financial freedom to gamers. All payments are made to and from the visitor’s wallet using the wallet address. Where as, this feature is not same with the traditional eSports betting sites, as everything there is dealt with bank statements.

Low Fees

Fiat money transfer typically includes additional deposit and withdrawal fees, which is not the case with cryptocurrencies. Most of the sites also offer free deposits and provide an additional bonus for the first few deposits made.

Traditional betting websites charge a whooping fee for various payments like bank transfers, credit/debit card payments, etc. Also, banks charge high withdrawal and deposit fees for transferring funds into the player’s account. Low fees to no fees are thus one of the significant perks of payments made with cryptocurrencies.

Bet From Anywhere

Traditional esports betting sites must comply with numerous regulations and license requirements. For this reason, they ban certain countries to avoid additional fees. This is not the case when the site uses cryptocurrencies, enabling these websites to accept players worldwide, with very few countries prohibited from visiting the site.

It is convenient for CSGO esports crypto betting players to visit gambling sites not confined to their jurisdictions, providing opportunities to place bets on cross-border esports matches. While this may be true, visitors must comply with the regulations and norms about using cryptocurrencies in their respective jurisdictions. This feature is truly absent in traditional esports betting sites.

Better Bonuses and Rewards

Crypto eSports Betting sites provide a wider range of bonus options than conventional sites. Players can make the most of these bonus offers that are not limited to a cashback bonus or reload bonus.

Watch Out For No ChargeBacks

Fiat currency transactions are mostly reversible, a major benefit of traditional esports betting. Cryptocurrency transactions are irreversible, as once a transaction is made, it is final, and one cannot opt for a chargeback.

Fiat or traditional sites for betting typically involve third-party payment gateways like banks. While this is one of the cons, cryptocurrencies enable visitors to avoid third-party agencies.

Keep in Mind the Volatility of Cryptocurrencies

Cryptocurrencies are highly volatile, making them hot commodities that may increase or decrease in value. While the former is favorable, it still poses a risk when the value of the tokens drops down, while high volatility is not a likely risk when using traditional betting websites.

Pros and Cons of eSports Betting Sites

Pros Cons
It supports a wide range of cryptocurrencies. High volatility and price fluctuations.
Sites are not limited to regulations and other rules. Transactions are irreversible.
Players can place bets on a wide range of eSports matches. Lack of regulations.
Most sites support lightning-fast transactions and cross-border payments.
Low transaction charges

Guide to Kickstart Crypto eSports Betting

eSports betting with crypto is soon turning out to be as popular or even more so compared to traditional betting. Cryptocurrencies are known for their volatility, which is a double-edged sword where one can double both profits and losses. Needless to say, the pros outweigh the cons where volatility is concerned, as it enables visitors to make quick money.

In this guide, we offer tips to maximize winnings while minimizing losses with effective risk management. The end-to-end guide will not only allow visitors to understand how to establish their accounts but will also enable them to make the most of esports betting using cryptocurrencies.

How to Get Started With eSports Crypto Betting?

Find an eSports Crypto Betting Site

To place a bet on esports, one must first register on the website. Most genuine and best eSports crypto betting sites enable players to register with just an email address. Sometimes visitors must verify their registered email address for creating a betting account. Account verification is also important when making deposits and withdrawals.

Funding User Account

Once registered with the chosen crypto eSports betting site, the account holders must fund their accounts. Every  site supporting eSports crypto betting offers a user dashboard in the account section where the user makes deposits and withdrawals.

Choosing the type of digital currencies, whether BTC or ALT, is important where one can consider speeds of deposits and withdrawals along with the minimum and maximum limits.

Place Your Bets and Enjoy the Games

Once the account is sufficiently funded, including the welcome bonus or deposit bonus, the player can place a bet on any eSporting events of their choice.

To withdraw the welcome bonus offered by a site, the player must first wager it a required number of times that qualify for withdrawals. This is the wagering requirement, which differs from one platform to another.

Withdraw Your Winnings Back to Your Exchange or Wallet

Some of the best eSports crypto betting sites have option of wallets for storing funds. However, players can link their exchange or wallets to their user account for easy transfer of funds. Users can generate new addresses for transferring withdrawals to their e-wallet.

Wallets for storing cryptocurrencies are of different types, like a hardware wallet, paper wallet, etc. Certain crypto wallet also allows users to purchase BTC or other cryptocurrencies, which will be discussed in the next section.

Follow the Steps for Every time You Place a Wager

Every eSports crypto betting site has streamlined the process of funding accounts, placing bets, and making withdrawals. Once the user is accustomed to it, they may either place a bet casually or frequently.

Funding one’s account requires one to purchase cryptocurrencies. And here’s how to bet using cryptocurrencies like BTC.

Types of Crypto eSports Bets

Bets placed using cryptocurrencies are more often similar to traditional currency bets. They are broadly divided into the following;

Moneyline Bets

Moneyline bet is a wager on which team will win. For winning the bet, the team may need to win.

Tournament Winner

In this type of bet, bettors wager on the likely tournament winner. It is one of the most common types of bet.

Match Winner

The other type of bet involves predicting the match-winner. Most online bookies offer this type of bet.

Accumulator Bets

Accumulator bets are considered to be safer, however, with lesser value. It involves making four or more selections or predictions.

Prop Bets

Prop bets or proposition betting involves wagering on the occurrence or non-occurrence of events.

Apart from the above-mentioned, there are other types of bets like over/under bet and special bets like overall team score, the first team to lead the scoreboard, etc.

Legality and Regulation Behind eSports Crypto Betting

Legality and regulation are essential criteria to consider in esports crypto betting. It is imperative to understand that every sports betting platform is different; some are regulated and with licensed operators, and some are not.

Cryptocurrencies are mostly not confined to the anti-money laundering laws; it is still necessary for bettors to choose export betting sites with a genuine license and are regulated operators.

Visitors must refer to the country restrictions FAQ page of the sites supporting Bitcoin esports betting or any chosen online sportsbooks before getting started with them. Users are responsible for adhering to their respective jurisdictions’ online gaming and gambling laws.

Many traditional sites are now involving other cryptos as a payment option owing to the popularity of the technology. These other sites offer regular and bitcoin sports betting options other than esports games.

Effective Tips to Play eSports With Cryptocurrency

Here are a few tips highlighted to play esports with cryptocurrency:

Look for Reputable eSports Bookies

The type of game that one can bet on and the legalities involved in placing a bet are subject to controversy. While this is true, using cryptocurrencies for anonymous transactions that are yet secure has made crypto popular among bettors. Needless to say, with many online bookies available, choosing a genuine provider is very vital for user safety.

Be Patient When Doing Research

Earlier, we had listed the pointers for choosing the top-rated esports sportsbooks. Consider the odds and bonus on offer. Understanding the different modes of payment supported also helps.

The bottom line is before narrowing down one’s choice, it is important to do thorough research as the visitor’s money is at stake.

Exploit eSports Bonuses

Choosing the ideal site based on the type of bonus offered is quite simple. The bonus earned is one of the means of increasing bankroll and risking money, especially for new gamblers.

Future of eSports Crypto Betting

Many speculations were made, claiming that cryptocurrencies like BTC would fail to create huge losses. Contrary to popular belief, these virtual coins have grown in value.

The anonymous use backed by privacy, which makes them secure, has made cryptocurrencies like Bitcoin and Ether viable options for legalizing gambling online, including sportsbooks.

Cryptocurrencies are widely used as a preferred currency for both gaming and gambling. Anonymous transactions and instant deposits, and withdrawals have furthered this cause.

Conclusion

In conclusion, eSports crypto betting represents a dynamic and rapidly evolving intersection between the worlds of competitive gaming and cryptocurrency, and this is why many eSports crypto betting sites evolved with huge offers and easy to bet atmosphere. Thorough research, understanding of the eSports scene, and careful bankroll management are essential to navigate the complexity of this industry successfully. By combining a passion for gaming, knowledge of the industry, and a disciplined approach, enthusiasts can enjoy the thrills of eSports betting.

FAQs

Are eSports Crypto Betting Sites Legal?

eSports crypto betting sites are legal in any jurisdiction or country where gambling in general or online gambling, in particular, is legal. eSports players can refer to the terms and conditions for country restrictions which may vary as per the betting platform.

Is Live Streaming Available at Top eSportsbooks?

Yes, the best esports crypto betting sites offer live streaming on top esports games.

Which Are the Best Esports Crypto Betting Sites?

Lucky Block, Stake, 1xBit, BC.Game, and Bovada are the best Esports crypto betting sites in 2024 as per our experts.

Are eSports Crypto Betting Winnings Taxable?

Winnings from esports crypto betting, or other online games are taxable or non-taxable and are determined by the player’s country of residence. It comes under the ‘income from the other sources’ category if it is taxable. The players’ jurisdiction also determines the taxable amount. Taxable limitations sometimes also apply based on the sportsbook site as well.

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