Crypto & Bitcoin Sports Betting

Top 10 Bitcoin Betting Sites Reviewed

When we set out to find the best crypto sports betting sites, we focused on factors that matter most to bettors: top-notch security, a wide range of sports and markets, competitive odds, and seamless crypto transactions.

1. Bets.io – Best for Fast Payouts

Bets.io is one of the most popular crypto-first sportsbooks available today. Launched in 2017, Bets.io accepts a wide variety of major cryptocurrencies including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and more.

With its sleek, modern interface, Bets.io makes crypto sports betting easy and enjoyable. We found competitive odds across 30+ sports including all major leagues. Bets.io really shines when it comes to niche markets like esports, MMA, and darts where they offer extensive betting options.

Bets.io caters directly to crypto users with fast payouts and an impressive 100% first deposit bonus up to 1 BTC. The wagering requirements are somewhat high at 10x, but still reasonable compared to other crypto books. Bets.io also provides cashback rewards when you lose bets, helping offset losses.

For customer support, Bets.io offers 24/7 live chat along with email and social media contact options. While limited compared to traditional sportsbooks, this level of support exceeds most crypto betting sites.

Overall, Bets.io’s focus on crypto, competitive odds, and strong bonus offers make it one of our top picks for sports bettors looking to wager with digital currencies and cryptocurrencies.

Feature	Details
Payout Time	Instant
Welcome Bonus	100% up to 1 BTC
Min Deposit	0.001 BTC
Wagering Requirements	10x
Game Selection	30+ sports, 150+ markets
Year of Operation	2017

Top 10 Crypto coins:

• Bitcoin
• Ethereum
• Litecoin
• Bitcoin Cash
• Dogecoin
• Cardano
• Ripple
• Dash
• Monero
• Tether

2. TrustDice – Top Choice for Diverse Crypto Options

TrustDice stands out as a provably fair crypto sportsbook and casino with a strong focus on dice games. Launched in 2018, TrustDice accepts major cryptocurrencies including Bitcoin, Ethereum, Dogecoin, Tether, and EOS.

As a provably fair site, TrustDice displays bet outcomes that are verifiably random and can’t be manipulated or cheated. This level of transparency is rare in online gambling. The site also offers uniquely fun and engaging dice and crash games along with sports betting and esports.

What really makes TrustDice special is its first bet insurance promotion – if you lose your first bet up to $200 at TrustDice, you’ll get your money back in site credit. This eliminates risk for new users. Ongoing players benefit from community rewards and comps through TrustDice’s native TXT token.

With instant payouts, easy to use crypto deposits/withdrawals, and 24/7 live chat support, TrustDice provides a compelling crypto betting experience. The site design is somewhat basic, but the strength of bonuses and dice games still make TrustDice a top crypto gambling choice.

Feature	Details
Payout Time	Instant
Welcome Bonus	225% up to 3 BTC
Min Deposit	0.00001 BTC
Wagering Requirements	None
Game Selection	Sports, Esports, Dice, Crash
Year of Operation	2018

Top 10 Crypto coins:

• Bitcoin
• Ethereum
• Dogecoin
• Tether
• EOS
• Ripple
• Litecoin
• Bitcoin Cash
• Cardano
• Polkadot

3. BC.Game – Excellence in Bitcoin Sports Betting

As a dedicated crypto sportsbook, BC.Game offers an enormous selection of betting markets across 30+ sports. Launched in 2017, BC.Game accepts top cryptocurrencies including Bitcoin, Ethereum, Cardano, Ripple, Dogecoin, and more.

The sports betting interface is slick, easy to navigate, and mobile optimized – making wagering a breeze. We found highly competitive odds whether betting on major leagues or niche markets like darts and snooker.

BC.Game provides a very generous 200% first deposit bonus up to $500, alongside other promos like cash drops and reduced juice for parlay bets. You can even earn daily rewards and cashback through BC.Game’s BCG token.

With instant payouts, 24/7 live support, and thousands of betting markets, BC.Game is arguably the most full-featured crypto sportsbook available today. The one drawback is a high 40x wagering requirement on the welcome bonus.

Overall, BC.Game’s outstanding sports coverage, rewards program, and crypto-exclusive options make it our top pick for enthusiasts of both sports betting and digital currencies.

Feature	Details
Payout Time	Instant
Welcome Bonus	200% up to $500
Min Deposit	0.000002 BTC
Wagering Requirements	40x
Game Selection	30+ sports, esports
Year of Operation	2017

Top 10 Crypto coins:

• Bitcoin
• Ethereum
• Cardano
• Dogecoin
• Ripple
• Bitcoin Cash
• Litecoin
• Tron
• EOS
• Tether

4. Sportsbet.io – Leading Platform for Crypto Football Betting

Sportsbet.io stands out as a highly polished and easy-to-use crypto sportsbook. Launched in 2016, Sportsbet.io accepts major cryptocurrencies including Bitcoin, Ethereum, Tether, and Polygon.

Navigating Sportsbet.io feels effortless – markets and odds are conveniently organized across their sleek interface. No matter the sport, you’ll find incredibly competitive odds and one of the widest selections of betting lines among crypto books.

Sportsbet.io has an impressive 100% first deposit bonus up to 1,000 USDT. They also offer frequent promotions like reduced juice, cash drops, and free bets for their highly-rated mobile app.

With fast payouts, 24/7 live chat support, and high betting limits, Sportsbet.io caters directly to veteran sports bettors. The one drawback is a slightly complex bonus redemption process.

Overall, Sportsbet.io’s combination of easy site navigation, huge betting markets, and strong crypto support makes them our top pick for a premium sports betting experience.

Feature	Details
Payout Time	Instant
Welcome Bonus	100% up to 1,000 USDT
Min Deposit	10 USDT
Wagering Requirements	10x
Game Selection	25+ sports
Year of Operation	2016

Top 10 Crypto coins:

• Bitcoin
• Ethereum
• Tether
• Polygon
• Tron
• Ripple
• Litecoin
• Stellar
• EOS
• Dogecoin

5. Duelbits – Best for Crypto Bonuses and Promotions

Duelbits stands out as a licensed and regulated cryptocurrency sportsbook. Founded in 2019, Duelbits accepts major coins like Bitcoin, Ethereum, Litecoin, Solana, and Dogecoin.

The sportsbook interface is modern, easy to navigate, and optimized for live betting. Duelbits covers 25 sports with competitive odds across both popular and niche markets.

New players can take advantage of Duelbits’ $100 free bet welcome bonus. Just make a deposit up to $100 and wager it 5x to get your deposit amount back as a free bet token. This is an extremely generous offer compared to other crypto books.

Duelbits also provides 24/7 live chat support, withdrawal times under 10 minutes, and high betting limits. The one downside is a limited number of payment methods.

With its strong licensing, rewarding promos, and seamless crypto experience, Duelbits is a top choice for crypto bettors seeking a reputable sportsbook.

Feature	Details
Payout Time	Instant
Welcome Bonus	$100 Free Bet
Min Deposit	Varies by coin
Wager Requirement	5x Deposit
Game Selection	25 Sports
Year of Operation	2019

Top 10 Crypto coins:

• Bitcoin
• Ethereum
• Litecoin
• Solana
• Dogecoin
• Ripple
• Bitcoin Cash
• Tron
• Cardano
• Polygon

6. Vave – Best for Duel Betting and Casino

Vave stands out for its modern, easy-to-use crypto sportsbook platform. Founded in 2021, Vave accepts popular cryptocurrencies including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Dogecoin.

The Vave sportsbook interface feels sleek and intuitive. You can conveniently access odds and markets for over 20 sports. Vave also offers competitive odds across both major leagues and niche competitions.

New players can take advantage of Vave’s extremely generous 100% cashback welcome bonus up to 500 USDT. Just create an account, make a deposit of at least 20 USDT, and Vave will credit you 100% of your deposit as a free bet token.

Vave also features fast payouts, 24/7 live chat support, and high betting limits to appeal to veterans. The one drawback is a smaller selection of betting markets compared to some competitors.

All in all, Vave’s standout cashback bonus, great interface, and focus on crypto make it an excellent option for sports bettors in the digital currency space.

Feature	Details
Payout Time	Instant
Welcome Bonus	100% cashback up to 500 USDT
Min Deposit	20 USDT
Wager Requirement	None
Game Selection	20+ sports
Year of Operation	2021

Top 10 Crypto coins:

• Bitcoin
• Ethereum
• Litecoin
• Bitcoin Cash
• Dogecoin
• Tether
• Ripple
• Cardano
• Polygon
• Stellar

7. Winz.io – Top Pick for Crypto Live Betting

Winz is a well-established online sportsbook that offers betting with both fiat currencies and cryptocurrencies. Founded in 2016, Winz accepts major coins like Bitcoin, Ethereum, Litecoin, Dogecoin, and Tether.

The Winz sportsbook platform is nicely designed with convenient access to odds and markets across 30+ sports. Bettors will find very competitive odds whether wagering on major leagues or niche competitions.

New Winz players can take advantage of their generous 100% deposit bonus up to $500. Just use the bonus code SPORTS on your first deposit, and Winz will match it 100% as a free bet bankroll. This free bet bankroll unlocks as you continue to wager on the site.

Winz also offers fast crypto payouts with no fees, 24/7 live chat support, and a wide variety of traditional payment methods. The wagering requirements on the welcome bonus are somewhat high.

With its strong brand recognition, generous bonus, and variety of betting options, Winz is a great choice for both fiat and crypto sports bettors.

Feature	Details
Payout Time	Instant (crypto)
Welcome Bonus	100% deposit match up to $500
Min Deposit	$20 fiat / 0.0008 BTC
Wager Requirement	Bonus unlocks as you bet
Game Selection	30+ sports
Year of Operation	2016

Top 10 Crypto coins:

• Bitcoin
• Ethereum
• Litecoin
• Dogecoin
• Tether
• Bitcoin Cash
• Ripple
• Cardano
• Stellar
• TRON

8. Thunderpick – Most User-Friendly Crypto Sportsbook

Thunderpick stands out as an esports-focused online sportsbook that also offers traditional sports betting. Launched in 2017, Thunderpick accepts major cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash.

The Thunderpick interface is clean and easy to navigate between esports, sports, live betting, and other gaming options. They offer extremely competitive esports odds along with all major sports.

New Thunderpick players can take advantage of a generous 100% first deposit bonus up to $600. There are also ongoing promotions like cash drops, reduced juice specials, and a lucrative loyalty program.

Thunderpick excels in fast payouts, taking just 1 minute for crypto withdrawals. Their 24/7 live chat provides excellent customer support. One downside is a smaller selection of niche betting markets.

To sum up, Thunderpick’s great interface, esports focus, and strong crypto support make them a top option for bettors interested in both sports and competitive gaming.

Feature	Details
Payout Time	Instant (crypto)
Welcome Bonus	100% deposit match up to $600
Min Deposit	$10 / 0.0006 BTC
Wager Requirement	10x bonus
Game Selection	Esports, sports, live betting
Year of Operation	2017

Top 10 Crypto coins:

• Bitcoin
• Ethereum
• Litecoin
• Ripple
• Bitcoin Cash
• Tether
• Dogecoin
• Tron
• Cardano
• Stellar

9. Stake – Best for Accessing a Sportsbook with a Great Reputation

Stake is a popular crypto-first online sportsbook launched in 2017. Stake accepts major cryptocurrencies like Bitcoin, Ethereum, Litecoin, Tron, and Ripple.

The Stake sportsbook platform is nicely designed with convenient access to odds and markets across 35 sports. You’ll find highly competitive odds whether betting on the NFL, NBA, MLB or a niche sport.

Stake offers a constant stream of lucrative promotions including daily races, weekly raffles, payout specials, and double winnings opportunities. These ongoing bonuses provide plenty of value for bettors.

Stake excels in rapid crypto payouts, responsive customer service via 24/7 chat, and a top-notch mobile app. The one drawback is a lack of traditional payment options besides cryptocurrency.

With its trusted brand name, crypto focus, and exciting promos, Stake is a great one-stop-shop for bettors looking to wager exclusively in digital currency.

Feature	Details
Payout Time	Instant (crypto)
Welcome Bonus	Daily/weekly promos
Min Deposit	Varies by coin
Wager Requirement	None
Game Selection	35+ sports
Year of Operation	2017

Top 10 Crypto coins:

• Bitcoin
• Ethereum
• Litecoin
• Tron
• Ripple
• Bitcoin Cash
• Dogecoin
• Cardano
• Stellar
• Chainlink

10. FuturePlay Sportsbook – Best for Crypto and Traditional Banking Options

FuturePlay stands out as a modern online sportsbook accepting both fiat currencies and a wide variety of cryptocurrencies. Founded in 2022, FuturePlay accepts coins like Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash.

The FuturePlay betting platform features a slick, easy-to-navigate interface. You’ll find competitive odds across 30+ sports including all major leagues. FuturePlay also offers a solid live betting experience.

New players can take advantage of FuturePlay’s 30 USDT risk-free first bet offer. Just deposit at least 20 USDT and activate the bonus – your first wager up to 30 USDT will be refunded in site credit if it loses.

FuturePlay also provides responsible gaming tools, fast payouts, and helpful 24/7 live chat support. One drawback is their limited year of operation.

With its diverse payment options, rewarding welcome offer, and modern feel, FuturePlay is a great pick for both crypto and fiat sports bettors.

Feature	Details
Payout Time	Instant (crypto)
Welcome Bonus	30 USDT risk-free bet
Min Deposit	20 USDT / equivalent
Wager Requirement	None
Game Selection	30+ sports
Year of Operation	2022

Top 10 Crypto coins:

• Bitcoin
• Ethereum
• Litecoin
• Dogecoin
• Bitcoin Cash
• Tether
• Ripple
• Tron
• Cardano
• Stellar

How Does Crypto Betting and Bitcoin Sports Betting Work?

In crypto and Bitcoin sports betting worlds, everything happens on the exact principles as with online sport betting. That is to say, the only difference lies in the currency used. Bitcoin betting sites allow you to play without the use of USD or some other fiat money; instead, you can use cryptocurrencies such as Bitcoin, Ethereum, or Litecoin in this regard.

Seamless integration of blockchain technology into the process of betting was something that caught our attention a few years back. In the crypto betting world, you deposit Bitcoins, you bet with Bitcoins, and you withdraw in Bitcoins without ever changing to any traditional currency. This makes for a closed loop system that offers a number of advantages:

1️⃣ Speed

Most cryptocurrency deals are much quicker than using traditional banking. Deposits are generally instant, and sometimes withdrawals occur in minutes, not days.

2️⃣ Lower Fees Crypto betting sites have no middleman involved, meaning banks, so they can offer lower transaction fees, which mean you get to keep more of your winnings.

3️⃣ Privacy While not totally anonymous, cryptocurrency deals have a degree of privacy that is not possible with more traditional forms of banking.

4️⃣ Global Accessibility Cryptocurrency crosses national borders, thus giving bettors entry to all international betting markets without the hassle of converting their funds to foreign currency.

5️⃣ Security In addition to security through blockchain, it makes it nearly impossible to alter transaction records.

Those who have experience with traditional online sports betting will find that the process of placing bets themselves is essentially the same. You will still browse through different sports and markets, select your chosen odds, and then place your wager. The key difference with a crypto sportsbook, though, is that your account balance and the bets themselves will be denominated in cryptocurrency rather than fiat currency.

Is Cryptocurrency the Future of Sports Betting?

When looking at the general trends in online gambling, it is obvious that the role of cryptocurrency is huge and continues to gain momentum for sports betting. In the last few years, crypto sports betting has grown remarkably. According to our research, crypto grew 30% year over year.

To put it into perspective, the current estimated size of the crypto gambling market is about $300 million. Of this, about 60% is attributed to sports betting, which equates to a crypto sports betting market amounting to $180 million. What really astounds is that Bitcoin alone takes around 40% of all crypto bets, a $72 million slice of the crypto sports betting pie.

This growth could be due to a combination of factors that include but are not limited to the following:

1. Increased use of cryptocurrencies: As digital currencies become increasingly mainstream, more and more bettors would not feel out of place using them to wager online
2. Advances in Technology: Improved blockchain technology makes crypto transactions faster and safer
3. Changes in Regulation: Some jurisdictions have started recognizing and regulating cryptocurrency gambling, which lends it more legitimacy
4. User preferences: With crypto betting, privacy and speed are some of the advantages that correspond well to what many online gamblers want

Admittedly, although it is still too early to call if cryptocurrency will surpass or dislodge traditional currencies in sports betting, trends indeed indicate that the former is likely to assume a far bigger share of the market. In all probability, sports betting will be hybrid in nature, with crypto options sharing space alongside traditional ones to meet the needs of a diverse range of bettors.

The Most Important Criteria When Choosing the Best Bitcoin Sportsbook

Still looking for the best BTC betting site? When we set out to evaluate and rank the top crypto sportsbooks, we considered a variety of factors. Here are the key criteria we used, which you should also keep in mind when choosing a Bitcoin sportsbook:

Sports and Betting Markets

When we assess a Bitcoin sportsbook, one of the first things we look at is the range of sports and betting markets offered. The best crypto betting sites provide a wide array of options, from popular sports like football, basketball, and tennis to niche markets like darts, table tennis, or eSports.

If you’re a fan of major leagues like the NFL, NBA, or Premier League, you’ll want a sportsbook that offers extensive coverage of these events. Look for platforms that go beyond just win/lose bets, offering prop bets, over/unders, and other specialized wagers. The more diverse the betting options, the more opportunities you have to find value and enjoyment in your betting experience.

Competitive Odds

Odds are the backbone of sports betting. In other words, they determine how high your payout could be for a correct bet. When reviewing Bitcoin sportsbooks in search of the best among them, we consider such factors as competitiveness of their odds across a wide variety of sports and markets.

These small differences in odds drastically affect your long-term profitability. Suppose one sportsbook offers even money, 2.00, on a particular outcome, another offers 2.10. That 5% difference might just make the difference between profit and loss over time.

On the other side of the coin, sportsbooks whose odds are consistently lower-the ones that have higher vigorish or “juice”-eat into the potential profits. In our reviews of Bitcoin betting sites, we look for Bitcoin sportsbooks whose odds are at least comparable, if not better, to industry standards so that the value from your wagers is maximized.

Bonuses and Promotions

There’s no denying the impact of bonuses and promotions when it comes to online sports betting, which is often extremely competitive. We highly consider the quality and variety of crypto sportsbook bonuses when reviewing them.

The most frequent type of bonus on offer is the welcome offer, where a match on your first deposit is available. For example, we love to see a 100% match on an opening deposit, whereby your starting bankroll will be doubled. Of course, it’s not all about the headline figure, with the terms and conditions taken into account too-from any wagering requirements through to time limits.

But beyond the welcome bonus, we want to see promotions that will give regular bettors actual value. These can take the form of reload bonuses, free bets, odds boosts, or perhaps cashback. The best Bitcoin sportsbooks find ways to reward loyalty and keep the action fresh for their bettors long after the initial sign-up.

Accepted Cryptocurrencies

The top sportsbooks offer several digital currency options, although Bitcoin remains by far and away the most popular cryptocurrency individuals are using to bet online for a number of different reasons:

1. Diversification: In the event you do happen to hold a number of cryptocurrencies, this would give you the ability to choose which one is performing best at the time of your bet.
2. Speed of transactions: Some cryptocurrencies will allow for transactions faster than Bitcoin. In many instances, the speed of how funds are transferred will play a huge role in making quick deposits or trying to pull money out fast.
3. Fee structure: Not every cryptocurrency has the same fee structure for a transaction, and you might want to find the cheapest option available.
4. Market preference: While the crypto market is continually changing, having options allows you to shift with the trends and benefits.

We prefer sportsbooks that allow a number of established cryptocurrencies, such as Ethereum, Litecoin, and Ripple, in addition to Bitcoin.

Fast, No-Hassle Deposits and Withdrawals

One of the key benefits of using cryptocurrency to wager on sports involves how fast, seamlessly deposits and withdrawals may be. When we review Bitcoin sportsbooks, we look long and hard at exactly how swiftly, and with what level of convenience, deposits and withdrawals are handled.

Deposits should be as close to instant as possible. The moment you begin the transfer from your crypto wallet to the sportsbook, the money should be in your betting account within a matter of minutes or even seconds. This is particularly relevant with live betting, where timing may be everything.

In fact, the withdrawals are one place where many traditional sportsbooks come up short, taking days to process the payout. However, the best sites for Bitcoin betting process the withdrawal request in a quick time, often in hours or even minutes. We look for those betting platforms that would offer same-day payouts as standard, with some processing withdrawals in as little as 10-15 minutes.

The easier it will be to withdraw money, the better for users, so this procedure should not be complicated with too many obstacles and forms to be filled out. The possibility of easily taking out your winnings is one of the criteria in our ranking.

Privacy

To many online gamblers, this is a huge determining factor, and that’s where cryptocurrency sports betting really shines. When looking at Bitcoin sportsbooks, privacy is one of the many big factors we observe.

Blockchain sports betting allows gamblers to be anonymous since most crypto sportsbooks have them create an account with very minimal information such as just an email address. This is quite in contrast to conventional online sportsbooks, which may ask for comprehensive KYC procedures.

Explore our no kyc betting sites.

It is worth noting that such complete anonymity is rarely possible and rarely desirable. The best Bitcoin sportsbooks balance the need to assure their users’ privacy with observing the necessary regulations in such respects. We are always on the lookout for operators going to lengths to protect user data, providing features for further privacy via two-factor authentication and being as transparent regarding personal data handling as possible.

Support

Good customer support means players bet with real money and may at times need prompt answers. For this reason, when reviewing Bitcoin sportsbooks, we always appreciate responsive, knowledgeable, and available customer service.

The top crypto betting sites feature multiple support channels:

1. Live Chat: This is usually the most convenient option for fast, simple queries. We look for those that have 24/7 live chat support, along with short wait times.
2. Email: For more complex problems, there should be email support, though reasonable response times are expected-meaning ideally within 24 hours.
3. Phone Support: Although not as common, several high-class sportsbooks also offer phone support for customers who prefer talking over the phone.
4. FAQ and Help Center: Often, a well-structured help section removes many basic issues without needing to contact support directly.

We test the above support channels in respect to the speed and precision of responses, the knowledge level of support personnel, and their ability to find effective solutions to queries.

Customer Experience

The overall customer experience plays a significant role in our rankings. This includes everything from user interface and mobile compatibility to the general “feel” when using the platform.

When assessing a Bitcoin sportsbook, we consider:

1. User Interface: Is the website intuitive? Can users easily navigate to find their required sport and marketplace?
2. Mobile Experience: As more and more bets are placed through mobile, we also consider responsive design or stand-alone mobile applications that easily allow for smooth betting both on smartphones and tablets.
3. Betting Process: How smooth is the process of placing a bet? Extra steps or complicating factors?
4. Account Management: How smoothly can users deposit funds into their accounts, check their balance, and withdraw their winnings?
5. Innovative Features: We love to see unique features such as live streaming, cash-out, and bet builder functionality.

The very best Bitcoin betting sites will provide a seamless, hassle-free experience from sign-up through payout, with clever design and useful features to make life easy for the end user, whether they’re a complete novice or a seasoned pro.

Reputation

Reputation means everything when it comes to online gaming. A big part of our review process for Bitcoin sportsbooks involves digging deep into the history and reputation of each site among its customers and other members of the crypto sports betting community.

Some of the areas we consider include:

1. Licensing: Is the bitcoin sportsbook licensed by a reputable gaming commission?
2. Operating History: How many years has the website been in operation? A longer track record will often mean, but not always, stability and reliability.
3. User Reviews: What do fellow bettors say about experiences taken from them? We will look at feedback across various platforms and forums.
4. Industry Recognition: Has the sportsbook received any awards or positive mentions from respected industry observers?
5. Transparency: How transparent is the company regarding ownership, policies, and operations?
6. Fair Play: Are casino games provided by this sportsbook provably fair? Are there any accusations of unfair practices?

With all these aspects researched, we can recommend to you only the most trustworthy Bitcoin betting sites, ensuring that your crypto sports betting experience is safe and fun.

Pros & Cons

With any method of betting, there are pros and cons, and it’s no different when using Bitcoin and other cryptocurrencies to place sports bets. Here’s a look at some of the key pros and cons:

How to Join a Crypto Sportsbook

Ready to delve into the world of crypto sports betting? Here’s a step-by-step guide that’ll have you up and running in no time.

Step 1: Choose a Cryptocurrency Wallet

Before you get to bet with cryptocurrency, you will have to create a digital crypto wallet for your crypto assets. As we go on to test a variety of wallets, we note that the kind of wallet you select can make quite a difference in how well your betting experience will go.

Here are some types of wallets you can choose from:

The major varieties of cryptocurrency wallets include the following:

• Hardware Wallets: These are physical devices that can store your cryptocurrency offline. They assure high security but may not be as comfortable when using them for regular bets.

• Software Wallets: You can download them as applications on your computer or smartphone. They represent a decent balance between security and convenience.

• Web Wallets: These allow access to your cryptocurrency via any web browser. They are the most convenient but can be a bit less secure than the other options.

For sports betting, a software wallet such as Exodus or a web wallet like Coinbase will suffice for most users, as it’s a great balance of security vs. ease of use.

Step 2: Purchase Cryptocurrency

Once you have a wallet, you will need to buy some cryptocurrency. Bitcoin is the most widely accepted, although most sportsbooks these days also accept Ethereum, Litecoin, and other popular cryptocurrencies.

You can buy cryptocurrency via:

1. Crypto exchanges like Coinbase, Binance, or Kraken
2. Bitcoin ATMs-for buying with cash
3. Peer-to-peer websites like LocalBitcoins

Of these, we found the most straightforward option for beginners is to be using one of the major exchanges such as Coinbase.

Step 3: Create an Account

Now that you have cryptocurrency, it’s time to choose a sportsbook at which you’d like to create an account. When examining crypto sportsbooks ourselves, we looked for sites that had a very basic, easy process to register for an account.

Typically, here is what you will be doing:

1. Go to the website of the sportsbook
2. Click the “Sign Up” or “Register” button
3. Enter basic information (often just an email and password)
4. Accept the terms and conditions
5. Verify your email address

Many crypto sportsbooks don’t have to observe overcomplicated KYC procedures, which is why you often can start betting in a matter of minutes after signing up. Look at the example of Bets.io below:

Step 4: Deposit

With your account opened it’s now time for funding it with cryptocurrency. When we reviewed some sportsbooks, we paid great attention to the deposit process and searched for speed and ease of use.

Here is what the usual process looks like:

1. Log into your account at a crypto betting site
2. Go to the deposit or cashier section
3. Choose your preferred cryptocurrency
4. Click on the deposit address the sportsbook provides
5. From your cryptocurrency wallet, send funds to that address
6. Allow the blockchain transaction to confirm (this usually takes a few minutes)

Also, be sure to double-check the deposit address before you send out your cryptocurrency. Transactions are irreversible, meaning that if you make a mistake, then those funds may end up being lost.

Step 5: Search What You Want to Bet On

With money in your account, it’s now time to bet. While reviewing a number of different crypto sportsbooks, we looked for a platform that was easy to navigate and had a large number of bets on offer.

Most sportsbooks categorize their offerings based on sport type, so expect to see football, basketball, and tennis on display front and center. Simply click on your sport of choice, then select available matches and betting markets.

Step 6: Place a Bet

When you select an event that you would want to place a bet on, this is the next step. In our testing, we found the easiest sportsbooks that would make us understand the potential payout of the confirmed bet.

What usually happens:

1. Clicking on the odds for the outcome you want to bet on
2. Place your wager in the bet slip, usually found on the right-hand side of the screen.
3. Reflect on the possible return
4. Click “Place Bet” or “Confirm”

Keep in mind that, except in rare situations, a bet once placed cannot be discarded, so it’s always better to be certain before placing one.

Step 7: Withdraw

If you are lucky enough to win your bet, you’ll likely want to withdraw your winnings. When we researched crypto sportsbooks more closely, one of the factors we used in ranking them was how quick and easy their withdrawals were.

Crypto Withdrawal

Below is the general withdrawal procedure:

1. Click the withdraw or cashier tab.
2. Select your cryptocurrency of choice, if possible.
3. Fill in the amount you wish to withdraw.
4. Provide a wallet address.
5. Confirm the withdrawal.

Most crypto sportsbooks pay out faster and, for the most part, within a few minutes. A few of them have a pending period for security reasons.

Note that you are responsible for adding the correct wallet address. You should always make sure that your wins end up at the right destination.

Choose the Best Crypto Wallet

The right crypto wallet equates to a smooth and secure betting experience. When we tested a selection of wallets, we considered security, ease of use, and the range of various cryptocurrencies compatible with them.

Here’s what we look for in a top crypto wallet:

Supported Cryptocurrencies at Crypto Sports Betting Sites

Doing our research into crypto sports betting, we were intrigued to discover that while Bitcoin remains the most supported cryptocurrency of all, many sportsbooks these days offer a choice. In fact, it can be radically different between different platforms, so it’s worth thinking about which coins you would prefer to use before you decide upon a sportsbook.

Here are some of the most commonly supported cryptocurrencies and their typical transaction times:

Bitcoin (BTC)

Bitcoin is the original cryptocurrency and is accepted universally at crypto sportsbooks. High usage and relative stability make it extremely popular among bettors.

• Deposit time: 10-30 minutes
• Withdrawal time: Usually within 1 hr

Ethereum (ETH)

Ethereum is the second most popular cryptocurrency and has wide support among crypto betting sites. In fact, because of the smart contract functionality of Ethereum, it finds extensive applications in a large number of online casinos.

• Deposit time: 2-5 min
• Withdrawal time: Within 30 minutes

Litecoin (LTC)

Often referred to as “silver to Bitcoin’s gold,” Litecoin offers faster transaction times and lower fees compared to Bitcoin.

• Deposit time: 2-5 min
• Withdrawal time: Often in under 30 minutes

Ripple (XRP)

Ripple is renowned for the speed at which it processes transactions along with very low fees. This turns it into an excellent choice for sports betting.

• Deposit Time: Around instant
• Withdrawal Time: Normally within 5 minutes

Bitcoin Cash (BCH)

A fork from Bitcoin, BCH has the aim to be faster and cheaper than its predecessor regarding transaction time and fees, respectively.

• Deposit Time: 5 to 10 minutes
• Withdrawal Time: Normally within 30 minutes

Dogecoin (DOGE)

Dogecoin was created as a meme but has taken off and is widely accepted by several crypto sportsbooks, too.

• Deposit Time: 1-5 minutes
• Withdrawal Time: Within 30 minutes

Tether (USDT)

With its value pegged to the US dollar, Tether gives all the benefits of cryptocurrency without the volatility of other cryptocurrencies.

• Deposit Time: 5-10 minutes
• Withdrawal Time: Usually within 1 hour

We’d also like to mention, transaction times can vary depending on the network and specific policies of the sportsbook. More often than not, it’s best to always verify the exact cryptocurrencies supported, and also transaction times from the banking page of the sportsbook.

Most Popular Sports to Bet with Cryptocurrencies

The moment we delved into cryptocurrency sports betting, we appreciated the many options available for bettors. From traditional favorites down to growing esports, cryptocurrency has become the pivot on which sports lovers can participate in their favorite games. Here is the rundown of the most popular sports for crypto betting:

Football/Soccer

Football crypto betting undisputedly belongs to Football. Its global appeal and number of leagues and tournaments make it a bettor’s dream come true.

Popular leagues that crypto betting is done on include:

• English Premier League
• UEFA Champions League
• La Liga
• Bundesliga
• Serie A

In our research, we found that crypto sportsbooks cover an incredible amount of football markets-from the simplest win/draw/lose to Asian handicaps, over/under goals, player props, and beyond.

eSports

With the rise of eSports betting sites aligning perfectly with that of cryptocurrency, it fits perfectly together. We were impressed by the diversity of games and markets when playing through this sector.

Popular eSports on which crypto betting is possible, includes but is not limited to:

• CS:GO
• Dota 2
• League of Legends
• Overwatch
• FIFA

Most crypto sportsbooks offer live betting on eSports matches. This essentially would mean that bettors will be capable of placing bets while the action unfolds in real-time.

Cricket

Cricket betting sites and games are quite popular in countries like India, Pakistan, and England and it has become one of the leading sports within the crypto betting world. In cricket, there are many different formats for which bets can be placed, including Test matches, ODIs, and T20s.

Some major events in cricket on which crypto betting is done include:

• ICC Cricket World Cup
• Indian Premier League-IPL
• The Ashes
• Big Bash League

Special markets that were regular for cricket at crypto sportsbooks included top batsman, method of dismissal, and total sixes in a match.

UFC/Boxing

Combat sports have found their fitting home in the world of crypto betting. It’s quite easy to see how the one-on-one nature of these sports lends itself to a number of different betting markets.

Popular events come in the form of:

• UFC Fight Nights and events labeled Pay-Per-View
• World Boxing Championships
• High-profile boxing matches

Outside of the simple win/lose bets, methods of victory, and round betting, crypto sportsbooks also offer markets on whether fights will go to a decision.

Basketball

Second only to American football, basketball, particularly the NBA, is a monumental favorite among crypto sports bettors. The pace of the sport and how often games are played make it perfect for in-play betting.

Key basketball leagues with which to place a crypto bet:

• NBA
• EuroLeague
• NCAA

We found that basketball crypto sportsbooks offer a variety of markets for basketball, from point spreads to over/under totals and player prop bets.

Tennis

Tennis has a global following, often watched in every month of the year, including the postseason. Because of the nature of the sport being essentially singular, there are a lot of interesting betting markets to place a wager on.

The significant events one can crypto bet on in tennis include the following:

• Grand Slams: the Australian Open, the French Open, Wimbledon, and the US Open.
• Events of the ATP Tour
• Events of the WTA Tour

Besides match winner bets, many tennis crypto sportsbooks offer markets on set scores, total games, and even specific point outcomes.

Horse Racing

The “Sport of Kings” has welcomed cryptocurrency betting, allowing bettors a new method of engagement in this traditional pastime. We researched horse racing markets at crypto sportsbooks and found ample opportunities for major events right down to the everyday races.

Popular horse racing events you can bet on with crypto:

• Kentucky Derby
• Royal Ascot
• Melbourne Cup
• Prix de l’Arc de Triomphe

Horse racing betting sites often offer traditional win, place, and show bets, as well as more complex wagers like exactas, trifectas, and daily doubles.

Baseball

Baseball, especially Major League Baseball (MLB), is the bread and butter of many crypto sportsbooks. The nature of the sport offers plenty of avenues for a variety of betting markets.

Key baseball events for crypto betting:

• MLB regular season
• World Series
• Japan’s Nippon Professional Baseball

We found that baseball crypto sportsbooks offer markets on game winners, and run lines – just like point spreads, over/under totals, and player prop bets.

Ice Hockey

Fast-paced action and a fast action sport: ice hockey, led by the NHL, is a great fit for crypto betting. The sport’s popularity in North America and parts of Europe ensures decent selections of markets on most hockey crypto sportsbooks.

Popular ice hockey events for crypto betting:

• NHL regular season and Stanley Cup playoffs
• IIHF World Championship
• Kontinental Hockey League (KHL)

Common puck betting markets include puck lines – similar to point spreads, over/under goals, and period betting.

Golf

The methodical pace and individual nature of golf make it a really interesting option for crypto betting. Many major tournaments offer a myriad of extended betting options on crypto sportsbooks.

Some important events for golf crypto betting include:

• The Masters
• The Open Championship
• PGA Tour events
• Ryder Cup

We found that golf crypto sportsbooks offer markets on everything from outright tournament winners to head-to-head matchups to even specific hole outcomes of major events.

Crypto Sportsbook Bonuses

In our review of the crypto sports betting world, we identified crypto bonuses and promotions as one of the major keys to attracting and retaining customers. Due to the competitive nature of the market, crypto sportsbooks tend to offer quite extensive deals. The most common type you are likely to encounter is listed below, along with examples from top operators that take precedence in our list.

Matched Deposit Bonus

This is one of the most common types of welcome offers. In a nutshell, the sportsbook will reward a percentage of your first deposit with additional cash to bet with.

Example: Bets.io rewards new customers with a 100% match up to 1 BTC. Deposit 1 BTC, and you’ll receive a further 1 BTC in bonus funds.

Free Bets

Some bookmakers offer free bets as their welcome package or as part of their ongoing promotions for customers. With these free bets, you can make a bet without any threat of your money being lost.

Example: FuturePlay often has an event where if the user manages to hit a certain wager requirement or participate in some sort of event, then they will receive free bets. They also offer a 30 USDT risk-free bet.

No Deposit Bets

Though less frequent, a few crypto sportsbooks offer small bets without the deposit requirement. It’s a great way to try out a site with literally no risk whatsoever.

Example: While it’s not currently a promotion employed by the top 10 sportsbooks listed in this guide, be sure to keep an eye out for it as it might become available during larger periods of most major sporting events.

Odds Boosts

These promotions offer improved odds on specific events or markets. This can raise your payout in the event that your bet is the winner.

Example: Stake does odds boosts, on a regular basis, for popular matches across a number of different sports, with football among the most popular.

Money Back Promotions

This type of offer will return your stake-usually as a free bet-if your wager loses under certain conditions.

Example: Sportsbet.io sporadically offers “Money Back Monday” deals, where losing bets in specific markets are refunded up to a certain amount.

VIP/Loyalty Programs

Many crypto sportsbooks include loyalty programs in which regular bettors receive cashback, very exclusive promotions, and faster withdrawals.

Example: Duelbits has an extensive VIP program where players receive points for their bets, with these points redeemable for bonuses or cash.

Reload Bonus

This is a promotion similar to the welcome bonus but in a match on deposits from existing customers.

As an example, BC.Game can offer regular reload bonuses matched to as much as 25-50% of the deposit amount.

Speaking of such kinds of bonuses, it would be good to go through the terms and conditions. Make sure to look out for:

1. Wagering Requirements – the amount of time you must stake the bonus amount before a withdrawal.
2. Time Limits – the time you have in using the funds of the bonus balance or meeting the requirements of wagering.
3. Eligible Markets – What sports or types of bets the bonus funds will consider.
4. Minimum Odds – A wide variety of bonuses involve minimum odds for which bets are placed to count towards the wagering requirements.
5. Maximum Bet Limits – Sometimes, there is a limit on how much you can bet using the bonus funds.

Keep in mind that with all the bonuses, while they add value, it’s not the only deciding factor for sportsbooks. As a matter of fact, we always make sure to put reputation, quality odds, and user experience at the very top of our recommendation list.

Bet Responsibly with Crypto Sport Betting Sites

As we enter this exciting world of crypto sports betting, there’s one important fact that mustn’t escape our attention: gambling responsibly. Ease and speed of cryptocurrency transactions allow one to place more bets in less time, or with more money than one had initially planned.

Here are some key principles we always keep in mind and recommend to all bettors:

Many of the crypto sportsbooks take responsible gambling seriously and have deposit limits, loss limits, and options to self-exclude their customers. We urge you to use these features so that you are always in control of your betting.

Keep in mind that wagering on sports should be a fun and exciting way to enhance your favorite sports-not a source of stress or hardship. If you want to find more detailed information concerning responsible gambling, have a look at our responsible gambling page.

Expert Conclusion

Wrapping up our definitive guide to crypto and Bitcoin sports betting sites, we note the exciting opportunities offered by this innovative sector go both ways for sports fans and bettors alike. From more in-depth testing to research, we found the best sites that combine cryptocurrency’s advantages with the fun of sports betting.

We have taken you through every step, from understanding the importance of competitive odds and diverse markets to navigating the world of crypto wallets and bonuses. We show how we select the best crypto and sports betting sites for you, putting each platform through criteria of tests designed to make them meet our top standards.

Our guide has taken you through how to join a crypto sportsbook, from the creation of your wallet to making that first deposit and placing your first bet. We have shown how you can identify a quality platform and how to maximize your betting experience.

We have also mentioned that security, user experience, and responsible gambling stand at the heart of everything related to crypto betting sites. We have equipped you with the ability to make more informed decisions on anything from choosing a crypto wallet right through to choosing which sports to place your bets on.

While crypto sports betting is a better option in many ways, providing faster speeds, increased privacy, and even better odds, it’s always best to exercise caution. Never bet more than your means and keep the responsible gambling tools set on top sportsbooks.

As crypto sports betting continues to change and evolve, we’ll keep testing and reviewing different platforms so our recommendations are always relevant and worth your time. Whether you’re an experienced bettor who wants to enjoy the advantage of cryptocurrency for betting or you’re a crypto investor interested in diversifying your investment portfolio with sports betting, we hope that this guide has set you up with everything you need to know to start working with crypto sports betting.

Special references:

• Digital Currency
• American Gaming Association
• The European Gaming and Betting Association (EGBA)
• Curaçao Gaming Control Board
• Malta Gaming Authority
• Crypto Investing Forbes