18+ only. Gambling can be addictive, please play responsibly.
Selling Point-1 Native tokens
Selling Point-2 Large selection of games
Selling Point-3 Top Gambling Site
180% Bonus for Your First Deposit
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Selling Point-1 Instant withdrawal
Selling Point-2 High payout limits
Selling Point-3 Great offers & promotions
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Selling Point-1 Free Faucets
Selling Point-2 Large selection of bets & odds
Selling Point-3 Crypto Casino
Up to 1000 Free Spins & $3500
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Selling Point-1 Crypto sportsbook
Selling Point-2 Crypto Casino
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Free bet 50% up to $300
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Selling Point-1 Fully licensed
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Selling Point-1 Many payment methods
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Selling Point-1 Easy site navigation
Selling Point-2 Large selection of bets & odds
Selling Point-3 Impressive range of bonuses
Spin & Win 5x5000 USDT & NBA Free Bets
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Selling Point-1 Trusted and known brand
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Selling Point-1 Huge range of sports betting markets
Selling Point-2 Crypto Casino
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Selling Point-1 Crypto Casino
Selling Point-2 Provably Fair Games
Selling Point-3 Dice-focused
Weekly $3000 Prize Pool
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List of the Best Crypto Betting Sites

  1. BC.GAME – Best for Betting on Sports with Over 66 Tokens
  2. Coinplay – Best for Pure Crypto Betting
  3. BetFury – Best for Wagering on Sports in a Decentralized Way
  4. N1Bet – Best for Getting a Hybrid Bonus Offer
  5. Fortune Jack – Best for Getting a High Cashback Bonus
  6. Winz.io – Best Crypto Bookie
  7. Sporstbet.io – Best Overall Sportsbook for Safe Sports Betting
  8. Stake – Best for Accessing a Sportsbook with a Great Reputation
  9. Cloudbet – Best for Getting a High BTC Bonus
  10. Trust Dice – Best for Play-to-Earn Features

Crypto Sports Books Reviewed

We want to go into further detail about the sportsbooks we have handpicked: with each one, we will cover the essentials for any sports bettor so anyone on the hunt for their next betting platform of choice can make a well-informed decision.

1. BC.GAME – Best for Betting on Sports with Over 66 Tokens

The first crypto sportsbook we’d recommend on Bitedge is BC.GAME, an established crypto-only sports betting site with multiple deposit options, where anonymous sports betting is partly allowed. If you’re a sports enthusiast looking to elevate your betting experience, with features like the Quick Bet function and changing odds format, then this site is tailored for you.

Crypto Bonus Wagering Requirement Minimum Deposit Available Cryptocurrencies
360% welcome bonus No Wagering $10 66 Tokens

bc game sportsbook

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180% Bonus for Your First Deposit

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2. Coinplay – Best for Pure Crypto Betting

Coinplay, established in 2022, become well-regarded by crypto bettors partly because it offers access to 40+ cryptocurrencies, and also offers some fantastic sportsbook choices to users. If you’re seeking a diverse range of betting options with the ability to bet using multiple cryptocurrencies, then Coinplay is the ideal platform for you.

Crypto Bonus Wagering Requirement Minimum Deposit Available cryptocurrencies
100% up to 5,000 USDT and 80 free spins 40x 20 USDT 40+

coinplay sportsbook

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5000 USDT + 80 Free Spins

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3. BetFury – Best for Wagering on Sports in a Decentralized Way

BetFury, a decentralized sportsbook offering users access to a BTC faucet with crypto rewards, fixed RTP games, and daily sports battles. If you’re searching for the best wagering platform with a plethora of promotions, bonuses and BTC faucets, look no further—you’re in the right place.

Crypto Bonus Wagering Requirement Minimum Deposit Available Currencies
1000 Free Spins + $3500 35x 0.00015 BTC BTC, ENJ, USDC, LTC, DOGE, BCH, OX, USDT, LINK, BNB, BTT

betfury sportsbook

Gambling can be addictive, play responsibly and in adherence to your local laws.

Up to 1000 Free Spins & $3500

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4. N1Bet – Best for Getting a Hybrid Bonus Offer

N1Bet gives crypto sports fans something to be excited about: it includes mobile gaming options, features sports-specific promotions, and offers several different tokens to deposit. If you’re interested in betting on eSports in major tournaments and on regular sports, there are over 30 betting markets and live betting options available for you.

Crypto Bonus Wagering Requirement Minimum Deposit Available Cryptocurrencies
$5,000 and 200 free spins 50x 0.0001 BTC BTC, ETH, LTC, BCH, USDT, DOGE

n1bet sportsbook

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5. FortuneJack – Best for Getting a High Cashback Bonus

Fortune Jack has made the list for crypto sportsbooks as it includes a Bitcoin sports welcome bonus and cashback for loyal users. If betting on eSports, major tournaments, and a diverse range of sports, including horse racing, soccer, or tennis, appeals to you, and you desire access to all odds formats (European or American), then FortuneJack is the platform you’ve been looking for

Crypto Bonus Wagering Requirement Minimum Deposit Available cryptocurrencies
110% up to 1.5 BTC + 250 Free Spins 30x $10 BTC, LTC, DOGE, ETH, ZCASH, TRX, DASH, BCH, XMR

fortunejack sportsbook

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6. Winz.io – Best Crypto Bookie

Winz.io, a crypto sportsbook with active BTC promotions, fiat and crypto payments, and a dedicated statistics center. If you’re considering Winz for sports betting, you can enjoy access to over 25 sports, including winter sports, football, and baseball, along with eSports betting options like CSGO or LOL, complemented by a detailed statistics center for tracking game results and upcoming matches.

Crypto Bonus Wagering Requirement Minimum Deposit Available Cryptocurrencies
Up to $5,000 N/A 0.0001 BTC BTC, ETH, USDT, USDC, LTC, BCH, XRP, TRX, BNB, ADA, DOGE

winz io sportsbook

Gambling can be addictive, play responsibly and in adherence to your local laws.

100% Deposit Bonus up to $500

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7. Sportsbet.io – Best Overall Sportsbook for Safe Sports Betting

Sportsbet.io, a sports-focused crypto platform with multiple sports betting features, allowing players to purchase crypto with fiat. If you’re looking for a mix of sportsbook offers, including betting challenges, super boosts, and more, then this platform is for you.

Crypto Bonus Wagering Requirement Minimum Deposit Available Currencies
No bonus No bonus $15 BTC, DOGE, TRON, USDT, ETH, LTC, XRP, ADA, BNB

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Gambling can be addictive, play responsibly and in adherence to your local laws.

Spin & Win 5x5000 USDT & NBA Free Bets

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

Stake is a sportsbook that provides users with access to multiple sports betting bonuses and has a solid reputation with strong partnerships in the sports industry. If you’re interested, this sportsbook not only offers access to over 5,000 games but also features regular events from more than 30 sports, including eSports betting options.

Crypto Bonus Wagering Requirement Minimum Deposit Available Cryptocurrencies
N/A N/A No BTC, ETH, LTC, USDT, DOGE, BCH, XRP, ROS, TRX, BNB, USDC, APE, BUSD, CRO, DAI, LINK, SAND, SHIB, UNI, MATIC

stake sportsbook

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Daily Races, Weekly Raffles & Double Winnings

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9. Cloudbet – Best for Getting a High BTC Bonus

Cloudbet encompasses a broader range of sports compared to typical sites, featuring unique horse racing options, providing tips on the best games, and ensuring secure betting through KYC verification. If you’re a horse racing enthusiast who appreciates unique betting options, then this operator is an excellent choice for you

Crypto Bonus Wagering Requirement Minimum Deposit Available

cryptocurrencies

100% up to 5 BTC No wagering 0.001 BTC BTC, ETH, LTC, XRP, DASH, XML, BCH, TRX, BNB, USDC, XMR, DOGE

cloudbet sportsbook

Gambling can be addictive, play responsibly and in adherence to your local laws.

10. Trust Dice – Best for Play-to-Earn Features

At Trust Dice, the approach differs as users not only have sportsbook options but can also create a passive income through staking. If you’re looking for a platform that enables players to generate consistent profits, even during an unsuccessful run, look no further, as Trust Dice offers it all.

Crypto Bonus Wagering Requirement Minimum Deposit Available Currencies
225% up to 30,000 USDT 40x 10 USDT 4

trustdice sportsbook

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What is Crypto Sports Betting?

In simple terms, crypto betting involves placing wagers using cryptocurrency. Crypto sports betting is gaining popularity among bettors due to its elimination of intermediaries, faster transactions, reduced fees, enhanced security, and numerous other benefits. Bettors can place their wagers using various cryptocurrencies, enjoying a wide range of options to choose from.

Factors to Consider when Choosing a BTC Sportsbook

Bettors must look into all aspects when choosing the best crypto sportsbook. With so many sites on the market, finding the most suitable site can be challenging. With our guide, users can easily streamline the selection process.

Reputation and Legality

The reputation of a site is vital when carrying out research, especially for new betting sites. If a site has a history of mistreating players, it’s somewhere to avoid. Users can discover this information by checking our high-quality sportsbook reviews. Conversely, if a site is known for treating players fairly, then it could be worth looking at.

Licenses

A regulatory license goes a long way to providing a crypto sportsbook with legitimacy. Holding a license means sites have to complete certain requirements to protect players. So, checking to see if there’s a license present is a critical step.

Accepted Cryptocurrencies

The ability to choose from various cryptos is essential, particularly for bettors with a significant portfolio. As a result, users must check on the available cryptocurrencies before signing up. Creating an account first and then discovering a lack of choice means starting the whole process again with another site.

Available Sport Markets

Sports betting is different from standard betting because it offers choices. Users can bet on many things, so access to plenty of markets is essential. It becomes even more critical for bettors who carry out research. All players looking to make a profit should check for the available markets first.

Deposit and Withdrawal Limits

Grabbing a big win is an incredible feeling. However, being unable to withdraw the funds can soon take the wind out of anyone’s sails. It makes checking withdrawal limits essential for successful players.

Fast Payouts

Cryptocurrency provides many benefits, but rapid transactions are among the most prominent. If a sportsbook slows down withdrawals with extra processing time, it removes one of the biggest positives of crypto. Make sure to check withdrawals are instant before signing up.

Secure Payments

All bettors should look for security when creating an account. Players can’t trust the site to keep their data and funds safe without protection. So, when researching for a suitable site, the top factor is the security of payments!

Recommended Sportsbooks Picks

18+ only. Gambling can be addictive, please play responsibly.
BC.Game Casino
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Coinplay
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Instant withdrawal
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Sportsbet.io
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Impressive range of bonuses
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How Does Bitcoin & Crypto Betting Work?

Online sports betting with bitcoin works in a number of different ways. Obviously, the standard thing that is carried out with every single form of crypto betting, is that a bet is placed using available funds, and then the player will either get a payout or lose their funds depending on how the bet plays out. When it comes to different ways to play with crypto though, there are some different options.

Hybrid Sites

These are sites that allow for both crypto and fiat currency to be used to play. There are two main ways that these sites operate. The first is by playing with the cryptocurrency that you make a deposit with. So, you will make your deposit with your chosen crypto and then from there you use it to place your wagers. This is obviously the most appealing option for crypto betting.

The second is less appealing but is more common than the first one. When players make a deposit with crypto, it will then be converted to fiat. This often has an exchange fee in place, which means that less than the deposit will be added to the player’s account. On top of that, when it comes time to make a withdrawal, there will also be another exchange fee added. It can be quite a negative for some players, especially if this is the only viable option for them to play using crypto.

Some sites do have the option for players to use fiat currency to purchase crypto directly through the site itself. This can sometimes be a solid option as it allows players to avoid the gas fees associated with a deposit. Although it requires the initial use of fiat currency, it can avoid further costs in the long run, especially when making deposits. It should be noted that this isn’t a common option though.

Pure Crypto Sites

These sites are obviously the most popular for crypto betting. When using these sites, players have the ability to instantly make deposits and withdrawals using crypto directly. The games or betting options that are then featured will also allow players to directly make their bets using crypto.

The sites will have gas fees associated with both deposits and withdrawals, but this is a small price to pay for the ability to quickly and easily play using crypto. As there are no fiat deposits involved here, it’s much more likely that these sites will allow players to retain their anonymity as well. This is a big positive and one of the main things that crypto players look for is the ability for them to play while remaining anonymous.

Do Crypto Betting Sites Have a Regulatory License?

It all depends on the site. Some sites will have a regulatory license associated with them, while some won’t have one. It’s usually related to two different factors. Firstly, if the site is located in an area that is incredibly strict with its rules, it may have to make some concessions in order to get a license. This can involve KYC restrictions being in place, which can put some players off. Bettors seeking more privacy and less regulatory scrutiny, there are options available, such as no KYC betting sites.

The second aspect that’s related to whether a site can get a license or not is the way that it behaves. Some sites can’t get a license because they behave in an unfair manner towards players. This is why it’s important to look into the reasons why a site doesn’t have a license. Reviews are a fantastic way to find out why a site does or doesn’t have a license in place for crypto betting.

What are the Benefits of Crypto Betting?

When it comes to the benefits of crypto betting, there’s actually quite a significant list. Crypto betting is essentially a brand-new way for many players to start playing. This has allowed for some very interesting benefits to appear.

Retaining Anonymity

There are a lot of different reasons why someone might want to be anonymous when betting online. It could be because they don’t want their bank to know what they are doing with their money. It could be because they want to make sure that their personal details are online where they can potentially be used for fraud. Whatever the reason for remaining anonymous, playing with crypto makes it a relatively simple way to do it. While not all cryptocurrency sports betting sites support anonymity, a significant number of them, including anonymous sportsbooks, provide this option.

High Levels of Safety

Although this might be reducing it to an extremely simple explanation, a crypto transaction is on a base level a peer-to-peer operation. What makes it highly secure is that the encryption that’s in place can only be confirmed if both ends of the transaction confirm it. This means that when making a deposit or withdrawal, it is impossible for the payment to be intercepted and stolen. The only way that your accounts can be hacked is if you give your keys and address details out to people, which is obviously something you should never do, no matter how much you trust them. As long as you’re sensible with your details, then your crypto will also remain perfectly safe.

Lower Transaction Costs

Although it is true that transaction costs can be high with some cryptos when the network is busy, on the whole, transaction costs are very low. When making a payment you’re able to keep your costs at a much lower level. With online betting, this means that making deposits and withdrawals won’t eat into your profits as much as it would when using fiat payments.

Faster Transaction Speeds

This is an area that is incredible. When making a deposit with fiat methods, it’s normally carried out instantly due to the markers that are placed on accounts. However, withdrawals can be anything up to a week before you receive your funds. This isn’t the case with crypto. Even when the network is busy and it slows down transactions somewhat, you can still expect to get your crypto within the hour. On top of that, there’s no worry when it comes to having to wait for the weekend to end before making payments. It’s overall a massively positive aspect of using crypto betting sites.

Provably Fair Games

This is one of the most interesting benefits of getting started with crypto betting. Provably fair games ensures that players are kept safe and treated fairly when playing. As these are only offered at crypto sites, it’s a huge advantage for crypto players and crypto betting.

Future Developments

While it might be impossible to know exactly what is coming next, it’s still safe to assume that crypto betting has a bright future. The surface has only just been scratched in the world of crypto. This means that it’s very likely that many more impressive offerings will be available to players in the near future. By getting involved with crypto betting, you’re able to be at the very forefront of innovation.

What are the Risks of Crypto Betting?

Just like any form of betting, there are risks involved when carrying out crypto betting. It has pros and cons just like anything else. There’s no guarantee with any form of betting that it is risk-free. However, the potential risks are still relatively small when compared to other forms of betting.

Price Volatility

This is something that can also be a benefit. However, it’s still a risk regardless of the potential benefits. Because the price of crypto is volatile, it means that there is the potential for the value of winnings to go down. Of course, there is also the potential for the value to go up. This is what makes it a risk, as just as a loss can be made, so can a profit. Anyone who takes part in crypto betting has to be aware of this.

Personal Mistakes

This is one that people have to take a little bit of responsibility for. When playing with crypto, withdrawals can lead to losses if the wrong information is entered. If you make a mistake when entering your address, it means that your withdrawal will be sent to someone else’s wallet. Unfortunately, if you make this mistake it’s very unlikely that you will get your funds back. As such, it’s vitally important to make sure that you take due care and attention when making a crypto withdrawal.

Best Bitcoin Betting Bonuses

Bitcoin sportsbook bonuses come in different forms. One might be more appealing to you than the other. All the same, let’s explore the types you can get.

Matched Deposit Bonus

Deposit bonuses are often the most common because of their value. Bookies that offer them double your deposit or give out money according to a specific advantage.

Free Bets

You can get risk-free bets to wager on events of your choice. Free wagers are available for new and returning players, and the best Bitcoin betting sites often offer them. They will help you manage your bankroll while still playing with real money.

No Deposit Bets

Although less frequent than matched deposit offers, no-deposit bets can start a betting session on a new site. They do not require funding. Instead, they come after registration, whether you fund your account or not.

VIP Rewards and Loyalty Clubs

The best Bitcoin betting sites offer VIP rewards to players who maintain regular platform sessions. These benefits often start as points you can later convert to cash rewards or something else. Also, you can get higher bonuses and cashback if you are part of the loyalty club.

Top Bitcoin Betting Bonuses 2023

Here are the best Bitcoin betting bonuses for 2023:

  • BC.Game: Match bonus up to 240% for the first four deposits
  • Crashino: 100% Multi Bonus
  • Cloudbet: 100% match bonus up to 5 BTC
Sportsbook Bonus Promo Code Wagering
Lucky Block 15% cashback for 7 days No code needed None
BC.Game Matched deposit of 180-240% on first four payments No code needed 40x
Cloudbet 100% deposit match up to 5 BTC (casino only) No code needed 40x
Winz.io 100% deposit match up to $500 + $20 risk-free bets SPORTS None
BetOnline 100% matched deposit bonus of up to $1,000 (crypto only) CRYPTO100 14x

How to Get Started with Crypto Betting?

There are a few steps that you have to carry out when getting started with crypto betting. It’s quite a simple process, but it will take a little bit of time to get up and running. Here’s what you need to do in order to start betting.

Step 1: Find the right crypto wallet

Step 2: Find a good crypto exchange and purchase your crypto

Step 3: Read the best reviews and choose a crypto betting site to play at

Step 4: Sign up and create your account

Step 5: Choose the best bonuses for you

Step 6: Pick how you want to bet and start playing

Best Crypto Wallets for Sports Betting

There are plenty of high-quality crypto wallets on the market. However, our top choice for Crypto wallets is as follows:

  1. Ledger Nano S Wallet – Best for Keeping BTC Tokens Secure and Offline
  2. Exodus Wallet – Best for Supporting BTC and 260 Other Tokens
  3. Trezor One Wallet – Best Alternative for Storing BTC on a Cold Wallet
  4. Coinbase Wallet – Best for Using BTC in Web3
  5. Electrum Wallet – Best for Storing and Accessing BTC Locally on the Computer

Each wallet provides a range of different benefits, so users can select the most suitable wallet for their needs. The Ledger Nano Wallet is the top selection on our list, but each of the top five is an excellent choice!

How to Bet with Cryptocurrency?

New players may need some help to start betting with crypto. Fortunately, we’re right here to take beginners on a step-by-step journey to placing their first crypto sports bet.

Step 1: Find the best crypto wallet to use

Step 2: Set up an account, verify the wallet, and fulfil all necessary procedures

Step 3: Find the best crypto exchange and purchase the desired cryptocurrency

Step 4: Utilize our reviews and toplist to pinpoint the best cryptocurrency sportsbook

Step 5: Create an account with the preferred betting platform

Step 6: Transfer funds from your cryptocurrency wallet to the sportsbook account

Step 7: Choose a sporting event, set a stake, and place the bet

Available Cryptocurrencies to Bet on Crypto Bookmakers

There’s a massive choice of cryptocurrencies for bettors to use at crypto sportsbooks. Using our guide, users can discover what the top selections offer!

Bitcoin

BTC is the most well-known crypto in the industry. Although there are a lot of positives to using BTC, it still has a relatively high cost, which can put off low-budget players. As the most popular crypto, it is available in most crypto sportsbooks.

Ethereum

ETH, the second most popular cryptocurrency, is widely available, making it a common choice on Ethereum betting sites, which many crypto bookmakers still accept.

Dogecoin

Starting out as a joke might have disadvantaged Dogecoin over other cryptocurrencies. However, it’s become one of the most useful cryptos in the betting industry, particularly on Dogecoin betting sites. With low-cost, rapid transfers, and high levels of security, it’s a fantastic choice for crypto bettors.

BTC Cash

BCH is a fork of BTC. It provides a lower entry cost, smaller gas fees, and faster transfers. As a result, it’s more effective for commerce. However, it’s not as widely accepted, so it may be harder to use for sports betting, unlike more established options like Bitcoin Cash betting sites.

Litecoin

It’s similar to BCH but has a much lower entry point. It’s also available at many more crypto-betting sites, including Litecoin betting sites.

Ripple

There may have been some issues with Ripple in the past, but it’s past any problems at this point and is showing a lot of promise. Bettors can expect rapid payment with low costs with Ripple and high levels of security, making it a preferred option on Ripple betting sites.

Tether

What makes Tether so impressive is how it manages to circumvent volatility worries. As it links to the US Dollar, Tether keeps to a value of around $1 constantly. So, for bettors who want the benefits of crypto without the worries of potential losses of value, USDT is the perfect choice, often preferred on Tether betting sites.

Tron

Choosing Tron gives players access to one of the most innovative blockchain platforms on the market. It features all the benefits of betting with crypto and access to more unique features. Tron is perfect for forward-thinking bettors, particularly those who frequent Tron betting sites.

What Types of Bets Can Be Placed with Crypto?

There are a lot of different types of bets that are available to crypto players. It’s not just a case of playing with what you’re given and that’s that. The options that are available are essentially the most comprehensive on the market at the moment.

Sports Betting

Sports betting is one of the fastest-growing aspects of crypto betting. Because there is a large proportion of crypto players in the modern world, this is becoming massively popular. Players have the ability to bet on pretty much every sport. It means that you can find soccer, football, baseball, basketball, UFC, horse racing, cricket, tennis and lots more available to bet on. It makes it extremely easy for players to find the sport that they want to wager on.

sports football players

It’s not just the sheer number of sports that are offered though. Players also have a massive selection of markets to choose from. Over/under markets, first scorer, final result, outright bets, it doesn’t matter what you want to bet on, the option is there for you. It means crypto players aren’t limited in any way at all compared to fiat players.

eSports Betting

It might be one of the smaller parts of the market at the moment, but eSports betting is certainly growing in size. The options are a little bit limited currently, but more markets and games are becoming available all of the time. In the future, this may make up a much more significant part of the sports betting market. Especially in the world of crypto betting.

How to Make a Crypto Bet?

Making a crypto bet isn’t a difficult task in the modern world. When it comes to betting on casino games, it’s just a case of following the on-screen instructions and going from there. Sports betting can be a little bit more difficult and involved though. Each different sport will have different betting markets available and each one will require different things to look at when placing the bet.

  1. Choose the Right Market for you

There are so many different markets out there that you might not be fully aware of what’s on offer. So, before you even think about what bets you want to make, look into the different available markets. This will ensure that you’re fully ready and understand what is required of you.

  1. Check and Understand the Odds

All bets will have different odds and they will be expressed in different ways. This is why you must be fully up to speed with how the different odds work. Look over American odds, fractional odds and decimal odds before you start playing. This way you will be fully up to speed with what your potential payout is.

  1. Choose Your Stake and Your Bet

Once you have understood the odds that are offered, it’s time to actually place the bet. Just select how much you want to bet, select the bet itself for your bet slip and then place the bet. Of course, there are other things to think about when choosing your stake, but we will come to that later on.

The Most Common Mistakes Made in BTC Betting Sites?

Any form of betting is rife with mistakes. Part of the problem is that players are very quick to act without thinking. It’s not just related to the betting itself though. Some of the mistakes can be related to other aspects. These are our top tips for avoiding silly mistakes when crypto betting.

Ignoring Terms and Conditions

This is something that almost everyone does. Not just with betting, but pretty much everything. Lots of people ignore the terms and conditions and just get on with what they want to do. However, it’s important to read through them thoroughly when taking part in crypto betting. This is even more important when you decide to claim a bonus. These can often have a lot of terms and conditions applied to them, so if you want to benefit from them you will need to make sure you adhere to all of the terms. If you want to claim your winnings, then you will need to know the terms and conditions by heart.

Misunderstanding Provably Fair

Provably fair betting is one of the biggest innovations in the world of online betting in many years. However, it can sometimes cause players to behave in a silly manner. Provably fair just means that the game is statistically fair in every instance. It doesn’t mean that wins are guaranteed. There is still the same risk involved with each bet as there would be with standard betting. It’s important to take this on board before playing.

How to Avoid Losing Money in Crypto Betting?

It should go without saying that betting is a risk. There is no way to guarantee that you will win when playing. However, there are a few ways that you can take into account when playing that can minimize the risk somewhat. Here are our top ways that you can use to improve your winning chances.

Manage Your Bankroll

When it comes to any form of betting, the most important thing that you can do is manage your bankroll. This also means two different things as well. The first is to choose the size of your stake units based on the size of your bankroll. If you have a bankroll of 1 BTC, then you might choose a stake unit of 0.01 BTC. However, if you have 0.01 BTC as your bankroll then obviously your stake sizes will be a lot smaller. This is an important aspect to understand when it comes to the next part of managing your bankroll.

There are a lot of different ways to manage your bankroll when playing different games. Strategies are available that can increase the chances of walking away with a profit. This applies to both casino betting and sports betting. Choosing the right strategy for your own betting style is important and can help you to be profitable when betting. This is where stake unit sizes come into play. Strategies will be explained in terms of unit size and not specific amounts. This will allow players with pretty much any size bankroll the ability to play.

Do Your Research

This is possibly the most important thing that you can do when it comes to betting. Betting does have a random element to it, commonly referred to as “luck”. However, this doesn’t mean you have to allow randomness to control all aspects of your playing. A great example of this is Blackjack. When you play Blackjack, there are right and wrong moves to make. If you do your research and learn how to play Blackjack properly then you will increase your chances of winning. It won’t guarantee that you will win, nothing can do that, but it will give you a better chance of winning.

The exact same is true for sports betting. When it comes to betting on sports you can increase your chances of winning with research. For example, if you’re planning on betting on basketball and there’s a game involving two high-scoring teams, then a bet on over 150.5 points to be scored would be a solid bet to take. This logic can be applied to any number of sports and the markets that exist within them.

Know When to Walk Away

Far too many players cling to the hope that they will turn around a losing streak. Sometimes it’s just not your day. When that happens, it’s time to just pack up and come back another day. When you’re betting, you can’t win every day. Some players do better, on a more regular basis than others, but to put it simply it won’t be your day every day.

Understand this and you can walk away with some of your bankroll intact. You will then have the ability to put together a bigger bankroll on a different day, or even put the losing bankroll towards your overall profits on days when you have had a positive experience.

What Are the Odds of Winning When Betting with Crypto?

The odds when betting with crypto will vary depending on what you are betting on. When you decide to bet on casino games, the odds will be different in every game you play. This is the case with almost all table games and video slots. There are a number of reasons for this.

Video Slots

The odds for video slots can vary between games for a range of reasons. The level of payout that is offered is one thing that can impact the odds. As well as that, the number of pay lines that are included on the reels will also impact the odds. Bonus features that are available in the game will also change the overall odds. With some games having a progressive jackpot that is separate from the game itself, it can also change the overall odds. As such, it’s important to look into and research what is offered in each game before you start playing.

Table Games

Just like video slots, there are different options that come into play on each different table game. Blackjack is a great example of this. Each Blackjack game can provide different odds to players. This is because some games will have different rules in place. Double down is one command that varies between games. There are also different payout levels for natural Blackjacks and side bets. All of these differences will impact the overall odds.

Roulette also has a similar impact. There are lots of different versions of Roulette available, with different rules impacting the overall odds of the game. As well as this, there are lots of different betting options available in Roulette. Each one has different odds available which can impact the overall odds of the game. How you choose to bet, will impact your own individual odds for the game. Lots of table games work in this way.

Sports Betting

Sports betting is much more simple to understand when it comes to odds than casino games. Although it doesn’t have set odds for a particular bet, the odds are spelt out directly and obviously for each choice. It means that you can choose the bet you want at any time and will understand what the odds are right away.

What’s also good about sports betting is that there are ways to increase the odds or increase the chances of winning on bets. For example, you can create a parlay bet, or accumulator depending on where in the world you are located. This will combine a number of bets together into a single bet. This will also combine the odds and create a much higher payout, albeit with a bigger risk. There are also handicap bets, which can be used to increase the chances of a risky bet winning. Just like any other bet on sports, the odds are advertised explicitly right from the start.

Other Impacts

What isn’t taken into account with the odds of crypto betting is the volatility of crypto itself. It can mean that much higher payouts can be awarded if the price of your chosen crypto rises after you have placed the bet. By the same token, it means that the value can be lowered as well. As such it’s important to keep an eye on how the price is reacting currently.

When the price is low it makes sense to make deposits to your account. On the other hand, when the price is high that is when you should make your withdrawals. This is the best way to maximize your crypto.

What is the House Edge When Betting with Crypto?

The house edge is essentially the slice of profit that the site you bet with takes. It will vary from site to site, each site has different ways of operating. As well as this, online casinos will have different house edges to sportsbooks. It’s because of the different ways that each site operates.

Each individual game at an online casino will also have its own house edge. This is independent of the casino house edge, so won’t be impacted by the average for the site. Sports betting is a little bit different, as in theory every single bet that is placed can potentially be won by the players. As such, the house edge is a lot more variable at a sportsbook.

Are There Any Fees Associated with Crypto Betting?

This varies from site to site. Each site will have different approaches when it comes to fees. However, there are some fees that are always in place no matter what site you choose to play at.

Gas Fees

You’re going to struggle to find a site that won’t have gas fees in place for your crypto transactions. This is because it’s a pretty accepted part of using crypto as a payment method. However, there are some things that you can do to minimise how much you spend on gas fees. Firstly, you can use crypto that has lower gas fees. There are a number of choices out there, so look over the different options so that you choose the right one.

Secondly, choose a time when the network is quiet. This will both lower the gas fee but also make the transaction faster. This does require you to check what’s currently going on in order to make the most of your transfers. It also means that you might not be able to get your crypto when you want it.

There are some sites out there that offer to cover the gas fees for a short period of time. However, this is a rarity and it’s not a permanent offer, so it shouldn’t be taken for granted.

Transfer Fees

There are some betting sites out there that charge for transfers that are made. This is normally most common with withdrawals, but there are some that put this in place on both. What is a big positive is that transfer fees for crypto are much less common than with fiat currency. Far more betting sites charge an extra fee for fiat transfers than they do for crypto transfers.

How Is My Privacy Protected When Betting With Crypto?

Privacy is protected in a number of different ways when you choose to bet with crypto. It makes it an extremely safe way for players to bet.

Anonymity

This is a big part of the appeal of crypto. It allows for anonymity to be retained. With so many ways to behave in a fraudulent manner prevalent on the internet today, remaining anonymous is a great way to protect yourself. For example, if your personal details aren’t stored anywhere online, then it means that you don’t have to worry about being the victim of identity theft. You can safely use online betting sites, without this being an issue.

There is also the added bonus that your bank won’t be able to spy on what you are doing. Banks have often been known to take a dim view of betting when people have applied for loans and mortgages. By using crypto betting players can enjoy the pastime without it having an impact on their credit with their bank.

Higher Levels of Security

It might seem like a strange thing to count towards privacy, but the level of security from crypto makes it a big part of retaining your privacy. With higher levels of security, it means that it is a lot harder to get hold of any personal information you might divulge. This is a massive part of retaining your privacy and playing in comfort.

Crypto Betting vs. Traditional Betting

At first glance, there aren’t too many differences between crypto betting and traditional betting. However, there are a few out there that make crypto betting stand out as the more solid choice.

Provably Fair Games

Provably fair games are the biggest aspect when it comes to crypto betting standing out. It offers a whole new area of betting to players, while also giving more access to how the games are kept safe. This makes them without a doubt, the most impressive difference between the two types of betting.

Withdrawal Speeds

This is another big difference. Fiat withdrawals can take up to a week to be carried out. It’s very rare that you have to wait longer than an hour to get access to your crypto funds. The ability to get access to your funds quickly and easily means that crypto betting players have a lot more flexibility available to them.

Privacy

It’s very hard to retain your privacy when indulging in traditional betting. There are so many hoops that you have to jump through, it can sometimes become a bit tiresome. There are lots of crypto sites out there that make it a very easy process. In fact, there are actually some sites that allow players to sign up and start playing with a single click. You’ll never see that at a fiat betting site.

Better Security

Although it’s safe to say that most modern banking has high levels of security in place, crypto security is on a whole different level. It’s almost impossible to hack into a crypto account. People have to actively give away their details in order for their accounts to be hacked. It makes it one of the most secure ways for you to play. As long as you keep your keys protected, then your crypto is almost impossible to steal.

Regulatory Licenses

This is the only area where traditional betting is objectively ahead. Some crypto sites can find it hard to get a regulatory license. This is due to governing bodies still not fully understanding what crypto has to offer. As such, crypto sites don’t always have a top license in place. However, even without a license, you can use high-quality reviews to find out which sites are the most trustworthy.

The Future of Crypto Betting

When it comes to the future of crypto betting, it’s incredibly bright. There are a lot of different ideas on the horizon that could come along extremely soon. While it’s impossible to predict the future with perfect accuracy, we do have an idea of what could be coming along very soon.

Virtual Reality Casinos

This is one of the possibilities that are a lot closer than you think. Blockchain technology is already being used to create some very advanced video game technology. One thing that is seeing a lot of experimentation is sandbox, cross-platform games. This will allow people to access an online area that can do pretty much anything. Obviously, this is a technology that could easily be adapted to create a virtual reality casino. It means that live dealer games would be taken completely to the next level. Imagine, walking around a casino in real time and then sitting down at a Blackjack table with a real dealer. This could be a reality very soon.

With the ability for native tokens to be created for casinos, it has the possibility for a complete ecosystem to be created extremely quickly.

Stadium Seating for Sportsbooks

This goes along a very similar line of thought to VR casinos. The basic premise is that cameras within a real-life stadium can create a realistic picture of what it’s like to be at a sporting event in real time. This will then allow players to sit and watch the game that they have placed a bet on. With the right integrated software, it means that players can then place bets as the game is going on. With the limitless possibilities of the blockchain, it does mean that it could be integrated into a crypto ecosystem very easily.

New Games

We’ve already seen how provably fair games have caught on. It doesn’t have to end there. There are a lot of other potential ideas for creating games out there. While developers haven’t made it clear yet what their intentions are, it makes absolute sense that there will be new types of games coming along. Blockchain games are only just starting to make an appearance, so it’s only right to expect an increase in this tech being used for games as developers get used to how it works.

Expert Conclusion

Crypto sports betting is the best way to bet on sports. It provides a higher level of service in almost every manner, making it perfect for bettors who want to get the most out of their betting.

When choosing a crypto bookmaker, our guide makes it simple to understand which factors are most critical. Additionally, our toplist and reviews ensure a selection of high-quality sites are at users’ fingertips.

Each player must look for their own requirements before choosing a sportsbook. After evaluating which site best meets those needs, bettors can create an account and start betting. Remember, at Bitedge, we are dedicated to steering our players in the right direction.

Q&A Session

In this section, Will Wood will address your inquiries and the most common questions regarding Crypto Betting and offer guidance to newcomers in the field. Feel free to submit your questions through our contact form, and we will strive to respond within 48 hours.

Crypto sports betting provides bettors with a wide selection of betting options, rapid transactions, superior bonuses, and innovative features. These factors make it hugely appealing to bettors.

It all depends on the jurisdiction players are in. Each country will have its own laws on betting with crypto. However, most countries do allow crypto betting, but there may be some regulatory requirements in place.

As long as bettors choose a crypto betting site with adequate security, it’s safe to place the bet. Using our recommended sportsbooks will ensure players find sites with a good reputation and high levels of security.

Many different betting sites accept different cryptocurrencies as a payment method. However, bettors must research where it’s available before creating an account. As some sites will only accept the coin through the blockchain it was built on, it’s critical to ensure players are able to use their crypto.

18+ only. Gambling can be addictive, please play responsibly.
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Will Wood

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A pro gambling writer since 2015, immersed in the world of crypto since 2016. I've built up a wealth of knowledge and experience in both crypto gambling and crypto betting, making me one of the most prominent voices in the industry.

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Will Wood

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Updated on 23/02/2024