Crypto Betting Sites

Crypto Betting Site

Contents

Stepping into the world of crypto betting sites is often seen as a difficult step for many players. This is partly due to the lack of understanding around the crypto space. For people who are outside of this world, it can often seem to be an insurmountable level of information that’s required. However, it’s not actually as complex as it first seems. In fact, once you start to learn about how crypto works, and crypto betting sites as well, it’s a lot easier to get your head around. 

If you’re looking for a way to get started with crypto betting sites, then this is the best way to get started. We won’t just give you the information that you need to know, we’ll also cover the top sites for each different area. It will make it extremely simple and easy for you to get to grips with the world of crypto betting. If you’re ready to get started, then start reading and begin your crypto journey. 

What is Crypto Betting?

Crypto betting can take on many different forms. It’s most commonly seen at crypto casinos, but the world of sports betting has started to catch up. In fact, you are almost as likely to see a sports betting site accept crypto as you are a crypto casino at the moment. However, this doesn’t answer the basic question. 

Crypto betting is essentially using cryptocurrency to place a bet on a sporting event. The cryptocurrency that is used varies from site to site. It means that there isn’t a one size fits all approach to this. Players are offered a lot of choice, which is part of the appeal to betting in this manner. 

Available Cryptocurrencies

The most common cryptocurrency choice that is offered normally tends to be the big names. So, Bitcoin, Ethereum, Litecoin and Bitcoin Cash all tend to be available. Most crypto betting sites have these available, which is good for most players. There are a few anomalies out there though. Some sites will offer players the ability to play with some of the lesser known cryptos. So, Cardano, Tron and others might be offered. 

In addition to this, some crypto betting sites also create their own tokens. It means that players can purchase the special tokens to use to bet with. What makes this choice a little bit more appealing than standard crypto is that there can be added benefits. For example, some of these sites will have faucets available for their own crypto. This will give players free betting tokens, which might be appealing to players on a smaller budget. 

How to Bet with a Crypto Betting Site

It’s a pretty simple process to start betting. All you need to do is purchase your chosen crypto, deposit at the site and then choose your bet. Once you’ve done that then you’re done. Of course, you will need to find the right exchange and site to play at, but as a process, this is all you need to do. 

Benefits of Using a Crypto Betting Site

There are a lot of different benefits to using crypto in general. But, when it comes to specific betting benefits, there are some that stand out from others.

Anonymity

This is one of the most appealing reasons to use cryptocurrency for betting. Remaining anonymous means that you can play without your bank knowing what you are doing. This is important to a lot of players for many reasons. Because a lot of banks base giving out loans and mortgages on your activity, using crypto to play at betting sites ensures you don’t have to worry about missing out. 

On top of this, it’s also extremely useful for keeping yourself safe from fraud and identity theft. If someone gets hold of your bank details, then it can lead to a number of problems for you in the long run. Your crypto account doesn’t suffer from this problem and as such it can keep you safe and protected when you use crypto betting sites.

Transaction Fees

A lot of people aren’t aware that sending fiat money can cost a lot. Transaction fees can eat into significant portions of profits when making both deposits and withdrawals. While crypto transfers do have gas fees associated with them, these tend to be much lower than fiat transaction fees. This is especially the case if you’re playing at somewhere that needs to convert from one fiat to another. As such, you can save a lot of money by playing with crypto.

Withdrawal Speed

This is a huge one for a lot of players. Crypto withdrawals are significantly faster than traditional withdrawals. Instead of waiting for up to 7 business days for a withdrawal to be processed, you can get access to your funds instantly. Even in a worst case scenario, you will still get your funds on the same day. It makes crypto withdrawals some of the most impressive on the market.

Safety and Security

The security that is in place for cryptocurrency is incredible. Users are protected to an extremely high level, with encryption above what banks offer, it means that playing with cryptocurrency allows players to be much more secure. 

Potential for Increased Earnings

This is what a lot of people look out for when playing with crypto. Due to the volatile nature of the market, it means that on occasion, the fiat value of your held crypto can significantly increase. This allows players to make far more money on their bets, than if they had wagered with fiat. A $10 winning will always be worth $10. But, $10 worth of crypto might be worth $50 the next day. While this can sometimes be a drawback, sensible players are able to use the volatility to maximise their profits. 

Best Crypto Betting Sites

The best is often a subjective term that many people don’t fully understand. The best doesn’t always mean the most popular or the most famous. It’s what can offer players the best overall experience. On top of this, the best can often be something completely different for different people. If you just want access to a lot of different cryptocurrency choices then your best site would be different to someone who wants a lot of different betting markets.

As such, it’s not just a case of proclaiming one site the absolute best. While we will give our opinion on which site meets the most needs of players, it is important to understand that some sites will be better suited than others. So, you will need to think about a few things before you start playing:

  • Crypto Choices
  • Sports Options
  • Market Options
  • Reputation

Obviously, it’s easy to just say these things but if you’re not aware of exactly what they are it won’t help you too much. Fortunately, we are here to help you understand what each thing is and what you need to look for.

Crypto Choices

This is basically just the choices of different cryptocurrencies that are offered. You’ll need to know what is available before you sign up. If you sign up to a site that doesn’t offer what you want to play with, then you will either have to purchase a different crypto or go through another sign up process. This is why it’s so important to know what’s available before you create your account. 

Sports Options

This one is basically self explanatory. It’s the different sports that are available to bet on. Generally, the most popular sports will be available for you to bet on. Soccer, basketball, football and sports of that level will be offered by most sportsbooks. However, if you prefer something that’s a little bit more niche then you will need to check that it is offered. The same goes for eSports, which aren’t offered by every sportsbook out there.

Market Options

This ties into the sports options slightly. It is related to the different bets that are available for each individual sport. Some sites will only offer moneyline bets For most players this won’t be enough and as such they will want to look for something with a bit more available. Being able to bet on scoring markets and over/under markets are all things that a lot of players look for. However, you should look at the markets you want to bet on yourself and decide from there what you want from a sportsbook.

Reputation

This should be obvious what it means. The reputation of the site is vital if you want to play there. If it’s got a bad reputation amongst other players then it’s not somewhere that you are going to want to play at. By the same token, if it has a good reputation then you are more likely to want to play there. Look into the reputation of the site before you sign up, that way you will know if it is worth signing up to.

By putting all of these factors together you can work out if a site is worth signing up to and from there can find the best site for you. Our own thoughts on which sites stand out the most can be found below.

Best Crypto Sites

The sites that give players the best service at the moment stand out from the crowd quite obviously. The first site that gives players the most to enjoy is Stake (review, bettors are geo-blocked). This is a site that’s right at the top of the market. It has a great range of different sports options available to players, some excellent crypto choices and a top selection of markets. If you’re looking for a site that will give you what you need, then Stake is definitely a site that’s well worth looking at. 

If Stake doesn’t quite live up to your expectations, then BC Game is also an excellent site to play at. It has some superb bonus choices, lots of sports to bet on and a great range of markets. Added to this is a superb crypto choice making BC Game one of the very best there is. 

Most Popular Crypto Betting Sites

It’s important to understand the difference between the best crypto betting site and the most popular crypto betting site. While it is possible that they are the same, it’s also possible that they’re different. There’s a few reasons why this might be the case. 

Location

It’s perfectly possible that a site is located in a great location. Some of the best sites just might not be available in your jurisdiction. If this is the case then it means that it won’t be popular where you are, even though it is excellent. In this case the most popular site would still be very good, it just wouldn’t be quite as good as the absolute best site that is out there. 

Excellent Marketing

Good marketing can make a great site seem perfect and it can make a good site seem great. Some sites have great marketing in place which helps to make them popular. If another site doesn’t have excellent marketing but is better, then it won’t be as popular. This is why it’s important to look into what sites have to offer, outside of what their marketing tells you.

Longevity

Sometimes a site has just been around for a long time. This can help to make it popular over some other sites that might offer a better service. It’s often difficult to know which sites have been around for a while and which ones are new. So, this is another reason why you should look into sites before you sign up. By looking into the site, you will be able to work out which sites can offer you what you need in order to start playing. 

Of course, just because a site is popular it doesn’t mean that it’s not good. In fact, in order to remain popular sites will have to be up to a certain standard otherwise players wouldn’t want to play there. So, we have found out the most popular sites on the market that we think offer players an excellent service. If you want to give a popular site a try then take a look through our selection of popular sites that offer top class features. 

When it comes to popularity, there are very few sites that have a level of popularity as high as Mbet. It’s been around on the market for quite a while and has built up a massive following amongst crypto players. What’s helped Mbet to stay so popular is that it’s a site that just has a lot to offer to players. This includes a massive range of different sports to bet on, plenty of markets and some superb cryptocurrency options. On the whole it’s a site that is definitely worthy of its popularity.

Another hugely popular site is Betflip. It has some absolutely top notch features available and is one of the best sites when it comes to live betting. If you enjoy using the live market to try and find added value, then this is a great site for you. The user interface is excellent here too. It makes sure that players can easily find the parts of the site that they want to use, without having to do a lot of searching. Add to all of that superb customer service and you have a site that regularly brings in a lot of players.

New Crypto Betting Sites

New crypto betting sites have something of a different approach for players. It can sometimes be difficult to know what you’re going to get when you start playing at a new crypto betting site. That’s why it is often important to look into a few things before you start playing.

Operator

The operator is essentially the company that runs the site. When looking at a new crypto betting site it is very important to look to see who the operator is. While it won’t tell you definitively if the site is trustworthy or not, it will give you an idea. For example, if the site is operated by an unknown company then you won’t learn much from who the operator is. However, if it is owned by a trustworthy company then it means that the site is likely to be well run. By the same token, if the operator isn’t trustworthy then it means that is a site to avoid.

Software Developers

A great way to get a handle on the quality of a new site is the software developers that are available. If top of the line developers are in place then it means there’s a good chance that the site will be a top class one. Of course, it’s not a guarantee that this will be the case, but it is a good starting point. The exception to this is when there’s a site that offers provably fair games. These are less well known and as such may not have established developers in place. 

Sports Markets

The range of sports markets that are offered will show a lot about the site. The more markets that are available, the more likely that the site is a solid one. By looking into this you will be able to fully understand what you’re likely to get from the site.

Customer Service

This is a big one. If the customer service is hard to get hold of or has a reputation for making players wait a long time, then it could be a site to avoid. When you have an issue with a site you want to get a response nice and quickly. As such, it’s important to check out what the customer service is like whenever a new site appears on the market. 

Reputation with Players

This is a big one to look into. If other players who have tried the site out are saying good things about it, then it means that there’s a very good chance that it is a trustworthy site. On the opposite side of that spectrum, if players are saying lots of negative things about it, then it could be a site that you can’t trust.

Best New Sites

One of the top new crypto betting sites on the market is Roletto. It gives players access to some excellent cryptocurrency options, which ensures that deposits and withdrawals are easy to carry out. There are minimal fees in place and the spots betting options are top of the line. On the whole, this is a site that understands it needs to compete with some big players if it is to have a place in the market. As such, it gives players a fantastic experience which makes it a top site to start playing at.

If Roletto doesn’t quite offer what you want, then there is also Looselines. It has a great user interface, which makes it very easy to get started with. On top of this, it provides some absolutely fantastic betting markets and a top crypto choice. If you want to try out a new site to the market, then either one of these sites will offer you a solid experience.

Crypto Betting Sites with the Best Odds

Odds are something that every player should be looking into before they start playing. If the odds aren’t at a good level then it’s almost guaranteed that you won’t be able to get good value on your bets. Good value is something that is closely linked with good odds. Unfortunately, not all players understand what good value is. 

What is Good Value?

Good value is essentially when the odds that are offered for a bet are better than the statistical chances of the bet winning. So, if the stats say there is a 60% chance of a bet being a winner, but it offers odds of evens or more, then that would be a bet with good value. This is why it’s massively important to take a close look at what the odds are, as well as looking into the statistics behind each game you want to bet on. 

Can Bonuses Help to get Good Value?

Yes they can. Sometimes, a bet will have boosted odds due to a promotion. So, in this case it will help you to find good value. A great example of this would be a parlay boost. Although parlays obviously offer a higher level of risk than a lot of other bets, they can also provide good value if they have boosted odds. 

There are other promotions available other than a parlay boost though. So, if you spot an increased odds promotion and it provides good value when compared with your research, then you should think about taking it.

Sites with Good Odds

We don’t look to recommend sites that don’t have good odds here at BitEdge. As such all of the sites you can find tend to have decent odds available. However, there are two sites that stand apart from the other options that are available.

Mbet is one of the most popular sites on the market. There’s a very good reason for this. It’s a site that offers players a great range of different bets and has some fantastic odds on offer. If you want to play and find great value, then Mbet is a superb site to do it.

Betflip is also another site that has superb odds available to players. With a top selection of markets available, it’s a site that makes it easy to find top value. Mbet and Betflip are two sites that will give players a top quality experience.

Crypto Betting Sites with the Worst Odds

This is something that we can’t recommend to players. We don’t look for sites that have bad odds on offer. We want to make sure that when you check sites with BitEdge you’re getting the best on the market. That means that finding excellent value has to be part of that.

So, there are no sites that fit into the worst odds section. All of our sites here have good odds, so it makes it much easier to find the best value for your bets.

Crypto Betting Sites That Allow Live Betting

Live betting is without a doubt one of the most popular ways to bet on sports right now. It allows players the opportunity to play in a much different way to standard betting. One of the most important things that you can do with live betting is increase the value that each bet offers. This is done with a mixture of research and watching the match as it happens.

Getting Extra Value from Live Betting

When using a crypto betting site that offers live betting, you can get better value for your bets. The way this is done is by carrying out research before you think about placing your bet. An example of this would be betting on a soccer game. You might look for what is likely to happen in the game. So, if you found two teams that regularly scored goals late in the first half, your bet would be over 1.5 goals in the first half. However, it’s likely that the odds wouldn’t provide great value for this bet. 

Your approach would be to watch the game and wait for the odds to increase to a point where good value was found. This would then allow you to place your bet while also getting a good level of return. As such you could find good value through using the live betting feature of crypto betting sites. 

Live Betting Sites

There’s a good range of different live betting sites available for crypto players. One of the best sites that is available for live betting at the moment is Casobet. It’s a site that has plenty available, but also has a superb live betting interface in place. It means that you don’t have to worry about finding the betting options when you’re rushing to place your bet, it’s very simple to use. 

Selecting Your BTC Sportsbook – Factors To Consider

There are a number of different things that have to be carried out in order to find the best crypto betting site to play at. Whether you want to enjoy a BTC sportsbook or want to use a site that provides a range of cryptos, you will need to look into the information before you make the jump.

By following our guide you will be fully up to speed with what you need to do before you decide to sign up to a site. These are the most important factors that you have to look over before you do anything else.

Decide on the Crypto you want to use

This is massively important. If you don’t know which crypto you want to play with, then it’s almost impossible to find a site. You need to know which exchanges have it on offer and which sites accept it. It’s also important in terms of knowing the level of volatility, gas fees and transaction speed. This should be your first step, research which cryptocurrency best suits your needs and then from there you know that you need to look for sites that support it.

Find out what Sports are Offered

If you want to bet on basketball but it’s not offered, then that site won’t be the best for you. Even if everything else that it offers is excellent, it means that it’s not going to provide for your needs. This is something that you really need to look into, especially if you want to bet on some of the more obscure sports out there. So, soccer, NFL, NBA and MLB are all likely to be covered. However, volleyball, field hockey and eSports might not be. By researching what’s offered first you can avoid this issue.

Check on the Available Markets

Markets are the second important part after sports. The markets are essentially the different odds that are available for each sport. If you want to just bet on the moneyline then you’re likely to be covered quite easily. But, if you want to bet on things such as the handicaps or over/under markets, then you will need a site that offers a wider selection. Make sure your favored market is covered before you sign up.

Bonus and Promotions

Not everyone wants to claim a bonus. However, if this is something that you want to grab hold of, it’s important to see what’s on offer. Not all sites offer bonuses in terms of bankroll additions either. This is why sportsbooks are often seen as a better way to bet than casinos. Some of the bonuses and promotions here are related to increasing the odds that are offered on certain bets. So, if you like to find the best value for your bets, take a look for sites that give regular odds boosts.

Reputation

This is definitely a massively important thing to look into. Why would you want to play at a site that has a bad reputation with players? This can cover anything from the way that it deals with problems to the quality of the customer service. Make sure that you’re playing at a site that treats players fairly by looking into what other players have to say about it. 

Read Reviews

Reading reviews is one of the best ways that you can become informed of what different sportsbooks have to offer. There are so many great reviews for crypto betting sites out there, that you can find all of the information you need quite easily. This will help you to work out what’s going to give you the best overall experience. While this is important advice, it’s also important to know what you’re looking for as well. So, before you get stuck into those reviews make sure to be up to speed with the previous steps first. Then, you will know exactly what to look for in the reviews.

Crypto Betting Sites FAQs

What types of bets can I place?

There are a huge range of different bets available for players to place. It’s not just a case of being given the bare minimum. Most modern crypto betting sites offer players the opportunity to bet on pretty much every available sport and market. So, whether you like to bet on the moneyline, over/under markets or handicaps, the options are there for you. On top of this, you can also create parlays, which allows you to potentially play for some incredibly high payouts. Players also have the option to bet on eSports and virtual sports which means that there’s even more variety than a standard sportsbook can offer.

What are the odds for the different types of bets?

This will vary depending on the site that you are playing at, the type of bet you’re placing and whether you are betting on the favorite or not. If you’re betting on the favorite on a moneyline bet, with a site that has a high house edge, then your odds are likely to be quite low. However, if you put together a parlay with four underdogs at a site with a low house edge, then you’re likely to get high odds. On top of this there are also some promotions that can give boosts to players when certain bets are placed. It means that you will have to check out which odds are the best for your needs before you place your bet.

What is the minimum bet amount?

The minimum bet amount will be different depending on the site that you play at. Some sites cater to high roller players the most, it means that this site will have quite a high minimum bet in place. However, there are some sites out there that can offer minimum bets of just a single satoshi. These are extremely rare and being completely honest, it’s not really worth placing a bet at such a low level. However, it all depends on your own betting strategy as to what you want to do. If you’re looking for a site that allows for intricate bankroll management strategy, then this would be the site for you. If you just want to be able to play for bigger prizes, then a low minimum bet amount is probably something you’re not too worried about.

What is the maximum bet amount?

The maximum bet amount is a difficult one to place a value on. Obviously there will come a time when a maximum amount is hit. However, each site will have a different opinion about what that is. A high roller site will tend to have much higher maximum bet limits, but generally speaking there are very few sites that will have low limits in place. Especially if you’re playing with Bitcoin which has a higher fiat value than other cryptos at the moment. 

Are there any fees associated with placing a bet?

When it comes to actually placing a bet, there aren’t any fees associated with that. It’s different to some crypto casinos, which will have slight charges on some games depending on how they work out. Baccarat is a good example of this. Sports betting doesn’t feature this and it means that every bet that’s placed won’t have a fee to pay. There are some fees when it comes to making deposits and withdrawals though. Gas fees are charged whenever crypto is sent anywhere. So, you will have to pay a small amount to do this. The amount depends on how busy the network is and the crypt that you are using. So, if you want to avoid high gas fees make sure to time your withdrawals right, this will allow you to avoid higher charges and keep more of your profits. 

How do I deposit funds into my account?

It’s very easy to do this at most sites. Although the specifics might differ from site to site, the general process should be quite similar. There are two different ways that this is carried out. The first way is by linking your crypto wallet to the site itself. Then when you want to make a deposit you can do it directly from your wallet to the site. This isn’t that common, so you might not see it too often. The second way, which is much more common, is by making a deposit to the crypto wallet address that the site has. You will then need to confirm with the site that the deposit has been made, this is normally done through customer service. Once it’s been confirmed, then you will be able to start playing with your funds.

How do I withdraw my winnings?

It depends on the site that you’re playing at. Some sites will allow you to simply withdraw your winnings to your crypto wallet with a single click of a button. Once you have entered your wallet address then it’s just a case of asking the site for the crypto. However, some sites will require that you enter the address every single time. There may also be some other security aspects that you have to go through, this is something that each site will carry out based on their own situations. It is important to know that you should never share your keys with a site, they do not need this information and it could be someone else behaving in a malicious manner if they try to get this information out of you.

What is the customer service contact information?

The customer service contact information is different with each individual site. Some sites will just have a live chat available. This can be accessed through the site itself and is a really simple case of just talking to the customer service operatives and getting any problems resolved. Other sites might only have an email address available. In order to get in touch with this you will either need to email the support address directly or use a contact form that’s available at the site itself. Finally, there might be a phone number offered. This is less common in the modern world as it’s often easier to get issues resolved through live chat or email conversations. 

Most sites also have an FAQ available. This will allow you to easily find out if certain questions have already been asked and whether you already have a simple answer to your problem. 

What is the company’s licensing and regulation information?

You will be able to find the company’s licensing and regulation information on its homepage. This is normally made available at the bottom of the page. Here it will offer players the information that they need to work out what the license is. You can then get in touch with the regulator directly if you have an issue that the site has refused to resolve. This is normally the final step though, so you shouldn’t approach the regulator over minor issues. 

What is the process for signing up and creating an account?

Signing up and creating an account is generally a really easy process. Players have to first find the best site for their needs. A great way to do this is to look through different crypto sportsbook reviews and find the site that meets your needs the most. Once you have done this, it’s time to start the sign up process. All you need to do is make your way to the site, click on the button to register and then enter your details. As long as you have your crypto wallet details ready, you should be able to start playing as soon as your account has been funded.

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