- What Is Bitcoin Betting?
- How Does Betting with Bitcoin Work?
- How To Bet With Bitcoin?
- Pros and Cons of Bitcoin Betting
- Bitcoin Betting Vs Traditional Betting
- Factors To Consider While Selecting Bitcoin Betting Site
- Top 20 Bitcoin Betting Sites for 2021: List
- Features of Bitcoin Betting
- General Rules of Bitcoin Betting
- Growth of Bitcoin Sports Betting in Recent Years
- Future of Bitcoin Sports Betting
Betting has been around for decades, and 46% of American adults have at least some interest in sports betting. That equates to 106 million people, which is significantly more than 7.3 million who are already daily fantasy bettors. Today, the world of sports betting or gambling has evolved and become more profitable and easy to access for the majority of people around the world. With the rise of cryptocurrency, betting sites are accepting digital assets as wagers. People can easily place bets with popular cryptocurrency such as Bitcoin and invest their cryptos for instant profits.
Best Bitcoin Betting Sites of 2021: Top 20 List
- Weekly $50,000 Giveaway
- 50:50 equivalent odds on major events
- Major leagues and events are available
- Fully licensed and regulated
- 125% Sign up Bonus (100% Sports + 25% Casino)
- 150% Casino Bonus
- Smooth website navigation
- Live Betting
- Best promos in the market
- Welcome Bonus up to 5 Bitcoin
- Deposit Bonus every Monday
- Lucrative promotional offers and Bitcoin bonuses
- Low Transaction Fees
- Get a bonus of up to €100 and 5 free spins
- Bonus for 100 bets
- Multiple methods for withdrawal
- Payout done in under 15 minutes
- 6 BTC or 1200 USD Welcome Bonus
- Better privacy
- Highly responsive customer support service
- Welcome Bonus UP To 7 BTC
- Supports live streaming
- High odds on basketball and baseball events
- No Welcome Bonus
- Fastest Bitcoin payouts
- High betting limits
- $3,750 Bitcoin Casino Bonus
- $750 Welcome Bonus
- Excellent sign-up bonus
- High-volume payouts within seconds
- Welcome package up to €1500 + 150 fs
- Friday +50% for sports betting
- Huge selection of sports events
- 24/7 customer support to BTC bettors
- Weekly Cashback Bonus 5%
- First deposit bonus 100% up to €100 + 100 Free Spins on Starburst
- 24/7 live chat (English and Russian)
- Leading software providers
- Get 100% up to ₹20,000 on your first deposit
- 20 Free Spins every day
- Fast withdrawal on BTC bets
- Win up to 225 euros every day
- 500 euro as 1st deposit bonus
- Supports multiple payment methods
- Seamless and user-friendly website interface
- 100% First Deposit Bonus
- Large deposit bonus for new users
- Up to $1,000 sign-up bonus
- Up to $750 first deposit casino bonus
- Accepts all sports-specific markets
- Great variety of bonuses
- Welcome Package of 111% up to €1500 or 1 BTC
- Weekend Bonus of 100% up to €1500
- Supports an array of languages
- 150% sign up bonus
- 50% refer a friend bonus up to $400
- Lots of VIP features
- Multiple bonus offers on first deposits
- 1st deposit 400%
- Bets on more than 30 sports events
- ₹1 Lakh cash weekly top prize
- ₹5 Lakh cash top prize in Grand Prize Draw
- Live cricket betting across the Indian subcontinent
- Welcome bonus up to 10000 inr for sports betting
- Online betting community of 400,000 active users
- Higher payout percentage
- 100% Welcome Bonus
- 20% CASH bonus for every depositing referral
- Large deposit bonuses
Bitcoin betting is new for most professional sportsbooks and betting platforms. However, it is becoming one of the most profitable domains in the betting landscape today. Bitcoin betting is bringing in profits for sites as well as bettors, enabling a win-win situation for all parties. In 2020, when the majority of the global population was confined to their homes due to the COVID-19 health crisis, Bitcoin betting became popular. So, before placing your first Bitcoin bet, let’s explore Bitcoin betting in detail.
What Is Bitcoin Betting?
Bitcoin betting is similar to the traditional form of betting. Just like traditional betting, which lets you place a bet using fiat currencies like the US Dollar. Bitcoin betting allows people to place their bets exclusively with Bitcoin (BTC) cryptocurrency. In Bitcoin betting, there is no fiat currency involved. Instead, the bet is placed with BTC. People can place their bets with a fraction of BTC or multiple BTCs, depending on their willingness to stake the risks.
How Does Betting with Bitcoin Work?
The best Bitcoin bettors in the world are able to make thousands of dollars within hours. Such instant profits are possible because of the unique dynamics of this betting category. People can visit the Bitcoin sportsbook website and place their bets by using a crypto wallet. If they win their bets, the winnings are converted into the live price of Bitcoin and deposited into the betting accounts. These Bitcoin deposits continue to change in value based on the BTC price fluctuations. Therefore, Bitcoin sports betting is one of the few ways of earning maximum rewards by leveraging the advantages of crypto.
How To Bet With Bitcoin?
The process of betting with Bitcoin is easy. Before you start betting, you should own Bitcoin. This can be done by buying Bitcoin via credit card and debit card deposits on an exchange. BTC assets can be stored safely in hardware-only cold wallets or other crypto wallets. These stored BTCs can later be used to place bets by integrating the crypto wallet on Bitcoin sportsbook sites.
Pros and Cons of Bitcoin Betting
Betting with Bitcoin is becoming significantly popular in the cryptocurrency gambling world. For example, the majority of professional gamblers are placing their bets on casino related games and slots with BTC tokens. However, betting with digital currencies has several upsides and downsides. Let’s understand the advantages and disadvantages of betting with Bitcoin.
Pros of Bitcoin Betting Sites
The best bitcoin betting sites offer multiple advantages to the user. Here are the main benefits of betting with Bitcoin.
BTC transactions are secured with advanced blockchain encryptions. Bettors can protect their wagers by ensuring the privacy of every Bitcoin deposit. This financial privacy helps them play better at online casino games.
These sites do not charge high fees, unlike traditional sports betting sites. Moreover, digital BTC transactions do not cost a lot for the customer. As a result, betting with Bitcoin becomes easy and cost-effective. Some of the best Bitcoin betting platforms charge less than 2% of the bet as transaction fees.
Play from Anywhere
You can access the betting site online from any part of the world. It is easy to place BTC bets on international sporting events such as the FIFA World Cup finals or Super Bowl. The safety of every Bitcoin deposit on a betting site can also be managed from anywhere.
Bigger and Better Bonuses
The biggest advantage of betting with Bitcoin is the higher profit margins. Cryptocurrency betting provides the best returns on accumulator bets. Returns on online betting with BTC change according to the active price of BTC.
Cons of Bitcoin Betting Sites
Potential rewards continue to attract millions of gamblers and sports fans to BTC betting. However, this form of gambling also has some significant drawbacks.
Lack of Regulation
Most BTC betting sites are not regulated by financial authorities. This is because gambling is illegal in several countries around the world. And, cryptocurrency gambling faces several regulatory shortcomings due to the untapped market. Crypto transactions are not properly regulated in developed economies such as the UK and the US. As a result, cryptocurrency betting stays under-regulated today.
No Official Betting License
A betting site that accepts BTC is unable to issue an official betting license. This is because there is no singleton authority ready to issue betting licenses to a BTC betting site. As a result, the reliability and trustworthiness of these sites are questioned. Storing their BTC winnings in cold storage of websites without official betting licenses is not secure. And, unlicensed betting is also a major criminal offense in most countries.
It is impossible to track BTC transactions outside the public ledger. A crypto betting site ensures that its sportsbooks are untraceable. With this, crypto betting and gambling sites can move digital assets without informing their user community. Furthermore, the loss of BTC cannot be recouped due to this absence of traceability.
Cryptocurrency Price Volatility
Bitcoin casino gambling sites often face a whirlwind of complaints when the cryptocurrency market crashes. If the BTC price sinks, the bets lose their value. As a result, the customer of a betting website is at risk of getting an undervalued return on the bets.
Bitcoin Betting Vs Traditional Betting
Crypto sportsbooks offer the best returns on bets. Over the years, the BTC market has been growing actively, which is why Bitcoin gambling sites are able to churn millions from pennies. Bitcoin sportsbooks are making more profits than traditional online betting sites. Bitcoin sports betting sites are also more engaging than traditional online betting sites. BTC betting sportsbooks are incredibly easy to use.
|Bitcoin Betting||Traditional Betting|
|Accepts bets in BTC and Bitcoin Cash only.||Accepts bets in fiat currencies only.|
|Restricted in several countries.||Restricted to fewer countries.|
|High returns on bets.||Returns on the best are moderate.|
Selecting Best Bitcoin Betting Sites for You – 7 Factors To Consider
Before signing up for BTC betting and crypto gambling sites, there are a few things that one must consider. The following seven factors help in understanding the dynamics of BTC betting and sportsbooks. These factors also explain why Bitcoin gambling works differently than other sports betting sites and gambling sites.
Betting is not legal in most countries. In the same way, BTC betting sites are restricted in many countries. For example, US-based best Bitcoin gambling sites may restrict players from outside the country. Similarly, European Bitcoin sports betting sites may not accept players from some parts of the world.
Reputation and Licensing
It is important for players to review Sports bettings sites and online sportsbooks. A Bitcoin sportsbook that has faced cyber hacks and that has failed to provide winnings to its users cannot be trusted. Similarly, online betting sportsbooks which do not carry the necessary licensing are not safe for placing bets.
Sports Events Available
Before registering to Bitcoin sportsbooks, players should check if their sports category is available on the platform. People can place bets on any sporting event. However, these sports betting sites may not all have the same sporting event available for betting. On some sites, table games such as table tennis or chess are not available for bets.
Anonymous Bitcoin Betting With Bitcoin
The anonymity of the participants on best Bitcoin betting sites is high. A best Bitcoin sportsbook makes all its operations anonymous. This helps in making the entire process untraceable. However, that may not please some bettors. Participants should be aware of what data stays anonymous and what doesn’t on these sites.
Payout and Withdraw Speeds & Terms
Payment methods offered by online betting with BTC are mostly digital. If a customer is unable to use a crypto wallet on a particular site, it is not ideal. Similarly, the process of deposits and withdrawals on these sites also varies. Some sites offer fast deposits and withdrawals. Some sites support multiple payment methods.
VIP Programs and Bonus Offers
Online bitcoin sportsbooks provide various programs to their active members. Some sites offer lucrative offers to members of their VIP program. Similarly, high rollers in the cryptocurrency betting world get additional privileges from these sites. Every player can enroll in these VIP programs and gain bonuses.
Like Bitcoin and Bitcoin Cash, these sites also support other crypto options. Some sites allow players to exchange their BTC earnings for other cryptos. Similarly, people can switch between cryptocurrencies while placing their bets. Some sites also help in changing cryptocurrency after placing their bets.
Top 20 Bitcoin Betting Sites for 2021: List
The following BTC sports betting websites make betting with Bitcoin the most fun and profitable for bettors.
Stake – Best Sports Betting Site
Stake is the most popular sportsbook online. It helps in placing bets with good odds. It is a great website with an appealing user interface. The platform accepts minimum bets as well as large max bets. This Bitcoin sportsbook is also popular for perfectly integrating crypto betting bonuses. Games like Dota 2 and sports betting on this website can be managed easily from this site.
Pros and Cons of Stake
|It uses the same account balance for casino related games and sports betting.||The platform has set a high amount as the minimum withdrawal limit.|
|The website offers good odds on live betting.|
|It is compatible with all mobile and desktop devices.|
Important Things to Know About Stake
Stake Restricted Countries
Australia, Curaçao, Cuba, France, Italy, Iran, Netherlands, Portugal, Poland, Slovakia, Czech Republic, United Kingdom, Syria, Sudan, Venezuela and the United States.
Stake Available Cryptocurrencies
BCH, BTC, ETH, EOS, DOGE, LTC, XRP and TRX.
Key Features of Stake
- The platform offers 50:50 equivalent odds on major events.
- The website design runs intuitively on all devices.
- In terms of the range of sports, all major leagues and events are available.
- The types of bets for every event are spread across hundreds of huge betting markets.
BetUS – Top Online Betting Site
BetUS.com is one of the crowd favorites when it comes to online gambling websites. It is operated from San Jose, Costa Rica. The platform has the best features for Bitcoin sports betting and casino gambling. The bonuses offered by the site, along with its promotions, help gamblers earn independently and increase the average payouts.
Pros and Cons of BetUS
|Sports betting, casino, and poker are all easily available and well-supported on the platform.||This platform has limited banking options.|
|The platform provides a great depth for betting by diversifying the options.|
|BetUS also has the best promos in the market.|
|The platform ensures the fastest payouts.|
Important Things to Know About BetUS
BetUS Restricted Countries
Netherlands, Costa Rica, Canada, Curacao, Panama, UK, Germany, Belgium, Philippines and Ukraine.
BetUS Available Cryptocurrencies
BTC, LTC, BCH and ETH.
Key Features of BetUS
- BetUS offers many casino options on top of its sports betting range.
- Crypto bonuses starting from 125% to 150% are available, along with a 150% casino bonus and a flat 50% bonus on reload.
- The website enables smooth navigation across different kinds of bets on various available gaming options.
Cloudbet – Best BTC Betting Site
Cloudbet is one of the few licensed Bitcoin gambling operators in the world. The website offers a wide range of betting options and it’s easy to create an account on the platform. It runs an elaborate BTC casino and has over 900 available gaming options for sports betting like Dota 2 and more. Participants from around the world can bet and store their BTC earnings on this platform.
Pros and Cons of Cloudbet
|Cloudbet offers no withdrawal limits.||The platform only offers hot, online cold storage of crypto assets, which is risky.|
|The platform does not charge high transaction fees.|
|The promotional offers and Bitcoin bonuses are very lucrative.|
Important Things to Know About Cloudbet
Cloudbet Restricted Countries
Hong Kong, US, UK and Singapore.
Cloudbet Available Cryptocurrencies
BTC, USDT, BCH, USDC, PAXG, LINK, DOGE, DAI, DSH and LTC.
Key Features of Cloudbet
- Players get a 100% deposit bonus with their first Bitcoin deposit.
- Cloudbet offers a Sunday loyalty bonus of 0.001 BTC for every player.
- Cloudbet also offers a 50% reload bonus on 5 Bitcoin deposits.
Melbet – One of The Top Sports Betting Sites
MELbet is a recent entry into the online gambling and betting industry. Creating an account on the website is easy, it also offers good odds on all betting activities. It is used for placing Bitcoin bets on the most popular sports events such as the Super Bowl and Major League Baseball. It caters to a wide variety of betting markets and provides competitive odds for tennis, soccer, Dota 2, and golf bets.
Pros and Cons of Melbet
|The platform offers multiple methods for withdrawal, along with various online payment modes.||The security of MELbet and its audit information is not detailed on the website.|
|The website uses reliable security measures such as SSL encryption and 2FA.||The Skrill payment mode is currently not accepted for withdrawal.|
|Payout processing is done in under 15 minutes.|
|It is one of the few platforms to support betting on online e-sports and video gaming competitions.|
Important Things to Know About Melbet
Melbet Restricted Countries
Curacao, US, Spain, France and The Netherlands.
Melbet Available Cryptocurrencies
BTC, DOGE, DSH, ETH, NEM, ETC, BAT, USDT, LTC and TRON.
Key Features of Melbet
- MELbet online casino is licensed under the Curacao E-gaming authority.
- The MELbet mobile application is quite useful for traveling bettors.
- The welcome bonus on this platform is up to 50%.
FortuneJack – Best Crypto Betting Platform
FortuneJack is an online crypto casino that also runs a unique sportsbook. It has hundreds of games available for betting. The platform entertains online gamblers with in-play promos and lucrative offers. FortuneJack also provides free bets and pays players who diversify their bets across multiple sports gambling games.
Pros and Cons of FortuneJack
|This website offers a massive selection of quality sports events.||There is no FortuneJack mobile app available.|
|The deposit bonuses offered are significantly high.|
|The player gets better privacy and a highly responsive customer support service.|
Important Things to Know About FortuneJack
FortuneJack Restricted Countries
There are no restricted countries of FortuneJack.
FortuneJack Available Cryptocurrencies
BTC and BCH.
Key Features of FortuneJack
- All members of this website can place Bitcoin bets as in-play bets on football, baseball, tennis, hockey, and cricket events.
- The maximum payout limit per bet is 10 BTC.
- FortuneJack also provides countless prematch and in-play bonuses based on the betslip and across selected banking methods.
1xBit – High Rated Sports Betting Platform
1xBit is a top bookmaker in the online crypto betting industry. It provides an excellent experience with its simple account creation process and easy-to-navigate dashboard. It is easy to withdraw and deposit Bitcoin on 1xBit. The site also provides casino games along with multiple betting options.
Pros and Cons of 1xBit
|Multi Live Betting is the most attractive feature of the site.||The platform has poor customer support service.|
|The platform also supports live streaming crypto betting events with real dealers.||Placing the same bet with multiple crypto coins is not possible.|
|The Cash Back feature is another plus point for 1xBit users.|
|1xBit offers very high odds on basketball and baseball events.|
Important Things to Know About 1xBit
1xBit Restricted Countries
1xBit Available Cryptocurrencies
BCH, BTC, BCN, BTG, DASH, DOGE, ETH, ETC, LTC, TRX, XLM, XMR, XRP and ZEC.
Key Features of 1xBit
- 1xBit is also used as a Betting Exchange to trade in-play bets among other website users.
- The platform makes lucrative bonus offers to mobile users.
- It is available in almost every country, except the US.
7. Nitrogen Sports
Nitrogen Sports – The Future of Betting
Nitrogen Sports is a Costa Rican online betting company. This betting website has a solid reputation in the market when it comes to providing its gamblers their earnings. It is also one of the few Bitcoin-exclusive sportsbook betting sites on the internet.
Pros and Cons of Nitrogen Sports
|Nitrogen Sports offers one of the fastest Bitcoin payouts in the online betting industry.||Bitcoin is the only option to bet.|
|Compared to other sportsbooks, it primarily caters to US sporting events.|
|The platform has high betting limits, suitable for pro bettors.|
Important Things to Know About Nitrogen Sports
Nitrogen Sports Restricted Countries
UK and Costa Rica
Nitrogen Sports Available Cryptocurrencies
Key Features of Nitrogen Sports
- This platform has the best customer service staff, which supports its betting community proactively.
- Nitrogen Sports provides reliable odds with the best betting options for almost every sport and league on the planet.
Bovada – Top Sports Betting Platform
Bovada is an offshore online betting company. It started out as Bodog and has evolved as a full-service sportsbook. This website is active in the online crypto gambling space. Participants can get access to unmatched sportsbook benefits with Bovada by creating an account. US residents have the advantage of betting Bitcoin on Bovada and experience the power of Real-Time Gaming (RTG) across sports events and casino events.
Pros and Cons of Bovada
|The platform provides soft odds and helps in creating stable winnings for bettors.||Bovada limits its bettors due to less exposure to certain markets.|
|It processes high-volume payouts within seconds.||The website charges a 5.9% fee on credit card deposits.|
|The website also offers an excellent sign-up bonus to new bettors, along with rollover promotions.|
Important Things to Know About Bovada
Bovada Restricted Countries
Rest of the World, except the US (States such as Delaware, New Jersey, Maryland, New York, and Nevada).
Bovada Available Cryptocurrencies
BTC, BSV, LTC and BCH.
Key Features of Bovada
- Min deposit options on Bovada are designed for small-time bettors, helping them wager at low rates.
- Bovada.lv has improved its account security with a unique 4-digit PIN for withdrawals and logins with email address.
SapphireBet – One of the Best Betting Sites
SapphireBet Casino is a highly-rated online gambling platform. Sports betting is available on this platform. The website provides genuine odds on regional sporting events. It supports Bitcoin betting by providing fair conditions and high win limits. The withdrawals made on SapphireBet are influenced by the player’s performance, which is its unique selling point. Although to know more about SapphireBet, you can check this link.
Pros and Cons of SapphireBet
|The website offers a huge selection of sports events and betting options.||It is a relatively new casino and has received high ratings just recently.|
|The platform provides 24/7 customer support to BTC bettors.|
Important Things to Know About SapphireBet
SapphireBet Restricted Countries
Austria, Bulgaria, Croatia, Czech Republic, Estonia, France, Italy, Netherlands, Slovakia, Spain, Switzerland, US and UK.
SapphireBet Available Cryptocurrencies
BTC, DOGE, ETH and LTC.
Key Features of SapphireBet
- Soccer betting has the top priority on this website, followed by eSports, Rugby, and American Football.
- SapphireBet also allows placing pre-game and in-play bets, even if there are no active games, under its Virtual Sports section.
Betchaser – Best Betting Site to Try!
Gambling and sports fans recognize Betchaser as one of the newest reliable destinations for placing bets with their crypto money. The platform accepts bets across various sportsbook markets. It has been available for a couple of months and has already gained massive popularity. Betchaser is an all-around crypto gambling website that keeps sports bettors at the same time. BetChaser casino provides something for everyone, with a large game variety, various incentives to keep players playing in the house as often as possible, and an endless stream of jackpots.
Pros and Cons of Betchaser
|Betchaser has the most leading software providers in the betting world.||Payout processing is relatively slow on this platform.|
|A 24/7 live chat option is available in English and Russian.|
Important Things to Know About Betchaser
Betchaser Restricted Countries
Estonia, Australia, Denmark, Afghanistan, Slovakia, Slovenia, Hong Kong, Pakistan and the US.
Betchaser Available Cryptocurrencies
BTC, XRP, ETH, LTC, BCH and USDT.
Key Features of Betchaser
- The Virtual Bookie feature helps participants get multiple options based on wagering grounds on events such as horse racing tournaments and football leagues.
Betmaster – One of The Top Sports Betting Sites
Betmaster is precisely what Indian bettors want when they search for crypto sports betting sites. By registering with Betmaster, users can get access to numerous BTC bonuses and crypto offers. As a sportsbook, this website is perhaps designed especially for the Indian market. It also runs a highly modern betting UX suitable for pro bettors.
Pros and Cons of Betmaster
|Betmaster ensures fast withdrawal on BTC bets.||The platform does not support American sports and leagues.|
|It offers exclusive offers as a bookmaker and helps in converting bets with a maximum win rate.|
Important Things to Know About Betmaster
Betmaster Restricted Countries
Betmaster Available Cryptocurrencies
Key Features of Betmaster
- The website allows Indian bettors to choose a Hindi version and place their bets.
- It is a simple and user-friendly platform and supports advanced betting techniques as well.
Thunderpick – Top Rated Crypto Betting Platform
Thunderpick is an esports betting website. It also features a casino gaming section. Thunderkick, of course, concentrates on esports, and they have a wide variety of leagues to choose from. The platform supports pre-game and in-play bets and enables maximum payout with its betting tips. The website helps bettors place BTC bets on favorite esports teams.
Pros and Cons of Thunderpick
|Thunderpick supports multiple payment methods for BTC deposits and withdrawals.||The mobile app version of this website is not available.|
|The Swipe feature of the website is easy to use.|
|The website interface is seamless and user-friendly.|
Important Things to Know About Thunderpick
Thunderpick Restricted Countries
US, UK, France, Poland, The Netherlands, Sweden and Malta.
Thunderpick Available Cryptocurrencies
ETH, BTC and LTC.
Key Features of Thunderpick
- Esports betting features of this website are used for popular games such as DOTA, NBA2K, and League of Legends.
- Brands like Thunderpick promote pool-betting for major sports events.
Betcoin.ag – Must Try Crypto Betting Platform
BetCoin AG is a company that runs one of the best live betting services in the world. The website is designed for best Bitcoin sports bettors and supports almost every main market in the live betting domain. Games and sports from many smaller markets are also available here. The website is best used for in-play wagering and offers an impressive betting menu for every game.
Pros and Cons of Betcoin.ag
|Players eager to place bets use this website to solve disputes and place pool-bets.||The customer support team is not satisfactory.|
|The website also provides a large deposit bonus for new users.|
Important Things to Know About Betcoin.ag
Betcoin.ag Restricted Countries
US, UK, Belarus, Russia, Kazakhstan and Ukraine.
Betcoin.ag Available Cryptocurrencies
BTC, BCH, BSV, ETH, LTC, ETC, DSH, XRP and XMR.
Key Features of Betcoin.ag
- The website offers a first deposit bonus of 100% match up or adds 1 Bitcoin to the betting account.
- BetCoin VIP Club helps participants in getting better odds on their bets as they move up different levels of this program.
MyBookie – Bet on Anything with This Sports Betting Site
MyBookie is a relatively new entrant in the best Bitcoin sportsbook space. It was launched in 2014 but arrived late as the popularity of MyBookie grew consistently after improving its bonus offers. The website is providing high-quality sports betting services across different markets just by creating an account. MyBookie supports almost every competitive sports betting market in the world.
Pros and Cons of MyBookie
|MyBookie accepts all sports-specific markets.||The payout processing is slow on this website.|
|This website is best to get early odds and highly competitive odds.|
|A great variety of bonuses are offered on this site.|
Important Things to Know About MyBookie
MyBookie Restricted Countries
Rest of the world, except the US.
MyBookie Available Cryptocurrencies
Bitcoin and BCH.
Key Features of MyBookie
- The best feature of this website is that it helps bettors target the main events in NFL, NBA, Golf, MMA, and Boxing.
Betflip – Top & Best Betting Platform
Launched in 2019, Betflip is another new entrant in the sports betting realm. It works primarily as an iGaming operator. The website also runs an online casino with flexible betting options. This website aims to please amateur bettors. It provides exclusive benefits to loyal players and extends its sports selection with new bonuses on Bitcoin deposits and withdrawals.
Pros and Cons of Betflip
|BetFlip supports an array of languages for its operations.||The platform is currently not licensed as a crypto betting company.|
|The platform offers dozens of betting options.|
Important Things to Know About Betflip
Betflip Restricted Countries
Betflip Available Cryptocurrencies
BTC, LTC, ETH, XRP, TRON and BCH.
Key Features of Betflip
- The platform is popular for offering real-time expertise on sports betting.
- Participants use BetFlip to double their wagers during in-play bets.
GTBets – Top-Rated Sports Betting Site
GTBets is a legit online sports betting site you should not have problems using for your betting needs. GTBets likely isn’t a sportsbook that you will be able to play at long if you’re winning, but they’re a fine option, even considering how new they are to the market.
Pros and Cons of GTBets
|GTBets has an excellent reputation for providing multiple bonus offers on first deposits.||Odds available on this platform are sharp compared to other major markets.|
|Lots of VIP features in the VIP program and free half-point rewards are provided by the site.|
Important Things to Know About GTBets
GTBets Restricted Countries
Rest of the world, except the US.
GTBets Available Cryptocurrencies
BTC and BCH
Key Features of GTBets
- Free monthly payouts are available for loyal customers of this site.
- GTBets provides exclusive tips on sports betting to maximize the returns.
17. Mr Sloty
Mr Sloty – Best For Live Dealer Games
Mr Sloty is a licensed gambling operator from Curacao. It has been running an online Bitcoin gambling site for a couple of years. The platform offers the best deals on sportsbooks and helps in supporting bettors with maximum payouts. The platform is designed to help bettors translate their casino winnings into Bitcoin-only sports wagers.
Pros and Cons of Mr Sloty
|Mr Sloty offers bets on more than 30 sports events and uses the Multiview feature for managing these bets.||The payout processing speed of this website is low.|
|The website has few country restrictions compared to others.|
Important Things to Know About Mr Sloty
Mr Sloty Restricted Countries
China, Israel, Hong Kong and the US.
Mr Sloty Available Cryptocurrencies
BTC, BCH, DOGE and LTC.
Key Features of Mr Sloty
- Pre-match payout on this website is 93%, allowing players to place multiple bets on 30 sports, from football to speedway races and winter sports.
Betway – Best Sports Betting Platform
Betway is a cool platform to place bets on popular Indian sports such as hockey and cricket. The betting odds offered by this site, along with the variety of sports markets, are impressive. BTC depositing and withdrawal options on this website are designed to exchange INR fiat currency. The platform also provides a generous welcome offer to Indian participants.
Pros and Cons of Betway
|Sports betting markets across the globe are supported on Betway.||No live streaming feature is available.|
|The site is best used for live cricket betting across the Indian subcontinent.||Poor customer support service has been reported by users.|
Important Things to Know About Betway
Betway Restricted Countries
Australia, Mexico, North Korea, Bulgaria, France, Denmark, Romania, Singapore, Turkey and the United States.
Betway Available Cryptocurrencies
BTC and BCH.
Key Features of Betway
- Cricket betting features are designed to customize the bets based on real-time score updates.
22Bet – Top Live Sports Betting Site
22BET is an exclusive crypto sportsbook for sports buffs. This Cyprus-based company has been providing betting services for four years. It is one of the few sportsbooks to allow users a chance at preventing their losses by diversifying their bets. The operator not only offers a broad choice of sports and casino related games to wager on, but it also gives a generous deposit bonus (min deposit) and accepts a variety of payment methods. Its odds are likewise competitive, and participants may choose from a variety of markets.
Pros and Cons of 22Bet
|22BET offers a comparatively higher payout percentage than other sportsbooks.||US-based participants are not accepted.|
|It has established an online betting community of 400,000 active users.|
|The platform supports multiple payment options for Bitcoin transactions.|
Important Things to Know About 22Bet
22Bet Restricted Countries
US, France, United Kingdom, Cyprus, Belarus and Latvia.
22Bet Available Cryptocurrencies
BTC, BCH, ETH and LTC.
Key Features of 22Bet
- The site is popularly used for boxing events, particularly to wager high amounts on underdogs and new athletes.
BetNow – Best Crypto Betting Platform
BetNow is one of the oldest online sportsbooks in the world. It has been in the sports gambling industry for six years. The site accepts bets from players in the United States. It also helps in placing advance bets on upcoming sporting events within two-three year intervals. The platform is designed to support Bitcoin bettors across the US sports betting industry.
Pros and Cons of BetNow
|Large deposit bonuses are provided by BetNow, followed by low rollovers.||Navigation on the site is complicated.|
|This platform is built with advanced betting software and also provides a freeplay bonus.|
Important Things to Know About BetNow
BetNow Restricted Countries
Australia, Congo, France, Lebanon, Malta, North Korea, South Sudan and Yemen.
BetNow Available Cryptocurrencies
BCH and BTC.
Key Features of BetNow
- This betting site accepts fiat currencies and helps them exchange for BTC.
- BetNow also supports cross-over participants and their custom betting practices.
Features of Bitcoin Betting
The following features define the workings of best Bitcoin betting sites and how they function inside out.
Deposits on Betting Sites
Deposits made with Bitcoin tokens can be used directly to place bets. Alternatively, users can make fiat currency deposits in exchange for BTC and place bets. The BTC depositing process is fairly seamless on all sites.
Withdrawing on Bitcoin Betting Sites
Withdrawals are provided instantly on most websites. However, some websites take more time than the rest to process these payouts. High-volume Bitcoin withdrawals are not charged on most sites.
Identity Protection and Taxes with Bitcoin Gambling
All Bitcoin transactions are anonymous and protected from third parties. Tax laws on these BTC winnings are ambiguous and mostly evaded by the bettors.
Mobile Bitcoin Gambling
Bitcoin gambling mobile apps are easily available on the Apple App Store and Google Playstore. These apps provide mobility to the sportsbook platform.
No Third-Party Involved
Bitcoin betting sites are not partnered with any unreliable parties. These sites work independently and are licensed under a single company name (under laws and regulations).
General Rules of Bitcoin Betting
There are two basic rules to follow while betting with Bitcoin:-
- Do not share the private keys and public keys with the betting website.
- Withdraw the BTC winnings at the right time to avoid devaluation due to market dips.
Besides these rules, the Bitcoin betting world is quite flexible.
Growth of Bitcoin Sports Betting in Recent Years
As crypto users have grown in number in the last couple of years, BTC betting surged exponentially. The market for Bitcoin betting is booming with new users. Tech-savvy Millennials are using this avenue to make a good deal of money. In the past two years, the number of cryptocurrency users actively betting online has surpassed 100 million across the globe. According to a report, the total Bitcoin in circulation across these betting sites is expected to grow over 200% in the next five years.
Future of Bitcoin Sports Betting
In the future, cryptocurrency betting will emerge as the primary source of income for people from all walks of life. Bitcoin betting will generate funds for online casinos. The convenience of cryptocurrency and crypto casinos will make Bitcoin betting a common trend across countries. As countless websites host these BTC sports betting services, the future of crypto betting appears to be more promising than ever.
Is Bitcoin Betting Legal?
BTC betting is not legal in several countries, but at the same time, it is under-regulated, which makes it a grey area, according to some views.
Where Can I Bet With Bitcoin?
The sites we mentioned in the review are the best places to bet with Bitcoin.
How Do I Place a Bitcoin Bet?
By using any of the above sites, you can place BTC bets on sports and other events.
What Is a Wagering Requirement?
It is the minimum amount that needs to be placed on the bet.
How Do I Acquire Bitcoin?
Buying BTC from crypto exchanges and storing them in cold wallets is the best option.
What Sports Can I Bet on With Bitcoin?
Football, cricket, basketball, golf, MMA, and boxing are popular sports among BTC bettors.
Does Bitcoin Guarantee Anonymity?
Yes, BTC transactions are anonymous in nature.