Best Esports Crypto Betting Sites 2024
Top eSports Betting Sites
- Bets.io – Best for Overall eSports Betting
- BC.GAME – Best for Both Pre-Match and In-Game Betting
- Sportsbet.io – Best for Betting on Both Traditional and eSports
- Stake – Highly Established Operator
- Thunderpick – Best for an eSports Dedicated Site
- Cloudbet – Best for eSports Hetting with a High Welcome Bonus
- Trustdice – Best for Wagering on eSports with EOS Cryptocurrency
- Betfury – Best for Accessing a Crypto Faucet
- Betcoin – Best for Betting on eSports and Playing Social Games
- Bitsler – Best for betting using 17 tokens
eSports Betting Sites Reviewed
1. Bets.io – Best for Overall eSports Betting
Bets.io supports several crypto deposit methods, including Zcash and Bitcoin, to ensure seamless and secure on-chain transactions. Registration is straightforward and efficient, with the sportsbook experience enhanced by sports bonuses, cashback offers, and exceptional value.
The platform covers all major sporting events and tournaments, offering a modern sportsbook experience.
12 unique eSports titles are available at all times and all the top ranks, like CS2, Dota 2, and League of Legends are there waiting for you.
Pros
- Many cryptos available
- Popular eSports titles available
- QR code deposits
Cons
- Withdrawals only in BTC and USDT
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
Up to 1 BTC | 40x | 5 USDT | BTC, BCH, ETH, LTC, XRP, TRX, ADA, BNB, USDC, USDT, and many more |
2. BC.GAME – Best for Both Pre-Match and In-Game Betting
BC.GAME is the first site we’d recommend to start betting on eSports, regardless if you’re a veteran bettor or a newbie. The platform comes with a high reputation and recommendation since it’s one of the few operators to offer an outstanding welcome package; it includes a wide range of game options while also ensuring secure ways of wagering on eSports.
Virtual game bettors can enjoy a substantial welcome package with a total bonus of 1260% over four deposits, with the highest one-time deposit being 360%. The first deposit gives players up to a 270% bonus without imposing a wagering requirement since funds are released in tiers. After that, eSports bettors can start depositing with as low as $10 using over 66 cryptocurrencies such as BTC, LINK, or DOGE. BC.GAME includes additional bonuses such as weekly slot giveaways and a VIP program with rakeback and 30-minute collects.
Over 10,000 games are available on BC.GAME from players to choose from, including slots, game shows, a live casino with poker, blackjack, or roulette, as well as a sportsbook with traditional sports and eSports games like CSGO or Dota2. BC.GAME is sponsoring the Cloud9 eSports team, which is gaining popularity among eSports bettors.
The operator offers provably fair games and provides seamless access to a partly licensed gambling site. Live support is also available 24/7 via their live chat, allowing players to gain information through email and FAQ sections.
Pros
- High welcome bonus
- 58 providers
- 24/7 support
- No wagering
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
270% up to 20,000BCD | No Wagering | $10 | 66 Tokens |
3. Sportsbet.io – Best for Betting on Both Traditional and eSports
Sportsbet.io is our second choice for wagering on eSports events on a trusted cryptocurrency betting platform that differentiates itself from the masses through a great sportsbook section, extra wager bonuses for sporting events, and a mobile-compatible platform granting easy access to eSports betting options.
While Sportsbet doesn’t include a welcome bonus for new players, it does have other bonuses such as slot of the week, live casino bonuses, or sports-focused perks such as multi-insurance, price boost, or fantasy league competitions. The minimum deposit for getting started with eSports starts at 0.00025 BTC, and there’s a minimum withdrawal for your winnings starting from $25. Withdrawals over $2,000 require additional verification. So anonymous betting is possible on withdrawals under the threshold.
As a sportsbook, Sportsbet.io includes only 1,000 games on the platform, such as provably fair games like crash, slots, jackpots, virtual sports, or a live casino. Players can opt for major betting markets on popular sports or wager on eSports events and tournaments in the sportsbook section.
Launched in 2016, the operator holds a Curacao gambling license and is a major sponsor for renowned teams such as Arsenal or sponsoring external sporting events. Still, the platform allows users to contact them through a live chat, email submission, or FAQ section.
Pros
- Licensed sportsbook
- Accepts crypto as payment
- Reputable gambling site
Cons
- Kyc Required
- Focus on sports betting
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
No bonus | No bonus | $15 | BTC, DOGE, TRON, USDT, ETH, LTC, XRP, ADA, BNB |
4. Stake – Highly Established Operator
Stake comes in a close second for eSports betting as it is one of the five major crypto eSports online betting platforms. With growing popularity, Stake differentiates itself through a series of provably fair games that have kickstarted the crypto gambling rush, an excellent reputation among crypto gamblers, and access to a wide range of game providers. Despite that, there’s no welcome bonus available for new Stake players.
The platform only includes a few active promotions, such as weekly prize races, giveaways, Pragmatic Play slot drops, or sports-specific bets that give bettors a bet slip boost. A social media campaign is also active on Stake, which gives players challenges that don’t include the eSports section; however, Stake has a VIP program that also benefits sports bettors to increase their rakeback – that’s invite only. It features over 5000 game titles, including Stake originals which are provably fair-designed games like Tower Dragon or Crash.
On top of that, there are slots, a live casino, and enhanced RTP games or game shows. On the sports side, eSports fans can access major online tournaments or bet on regular sports. There’s no fiat deposit option on Stake, and while the operator processes withdrawals instantly, there is a small withdrawal fee. Instead, players can deposit using over 20 cryptocurrencies, starting from 0.0002 BTC.
Launched in 2017, Stake holds a Curacao gambling license, so anonymous gambling is not an option. The operator has secured several high-profile partnerships, including the Alfa Romeo F1 team, Drake, and the popular UFC franchise. Support for players is offered through a live chat, email, or the FAQ section.
Pros
- Great reputation
- Provably fair + crypto games
- Transparent operator
Cons
- Small withdrawal fee
- KYC required
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
Exclusive 200% up to $1000 | 40x | $100 | BTC, ETH, LTC, USDT, DOGE, BCH, XRP, ROS, TRX, BNB, USDC, APE, BUSD, CRO, DAI, LINK, SAND, SHIB, UNI, MATIC |
5. Tunderpick – Best for an eSports Dedicated Site
eSports betting is a Thunderpick special as the sportsbook is positioned as a sports and sports betting platform with many casino games, including provably fair and multiple payment options, including crypto and fiat. For the welcome package, new players can get a welcome bonus using the WELCOME code that gives a 100% up to $500 that has a rollover of 10x for eSports betting and 30x wagering for casino games.
Other bonuses on Thunderpick include the VIP section, eSports quizzes, giveaways, or seasonal promos such as the MSI 2023 with a combo bet promo. The operator accepts major cryptocurrencies. Deposits, including BTC, USDT, or ETH, while accepting traditional payment means. Direct crypto purchases are also possible, and there’s no minimum deposit for crypto payments, while withdrawals are subject to each token.
The platform hosts over 3000 games in their section, including bingo, slots, blackjack, live casino, and casual games. As for the sports section, Thunderpick has a separate section for traditional and eSports where major tournaments such as the MSI are available.
With a Curacao gambling license and a Malta Gaming Authority license, Thunderick doesn’t has a KYC in place, but they still could request additional verification, which doesn’t allow anonymous gambling. Customers can easily contact the operator launched in 2017 through a 24/7 live chat or by emailing the platform directly.
Pros
- Fast withdrawals
- KYC on-demand
Cons
- eSports focused
- 3000 games
- Low welcome bonus
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
$550 Welcome bonus | 30x | $1 | BTC, BCH, ETH, BNB, LTC, USDT, XRP, TRX, D COIN |
6. Cloudbet – Best for eSports Hetting with a High Welcome Bonus
eSports betting gives Cloudbet players a chance to access a high welcome bonus, wager on a games with transparent house edges and game RTPs, and access one of the longest-standing cryptocurrency platforms on the market. Cloudbet gives each new player a welcome bonus of up to 5 BTC that helps them boost their bankroll while also being valid on eSports bets. The benefit for bettors is that there’s no real wagering attached to the offer.
Cloudbet has more offers, including Tuesday free spins, access to a loyalty club that reaps more rewards, and live casino tournaments. As one of the market leaders, Cloudbet has strict KYC and AML in place, so anonymous gambling is not possible. However, instant withdrawals allow players to deposit using both fiat or cryptocurrencies such as BTC, ETH, or Solana.
The minimum deposit and withdrawal on Cloudbet start at 0.001 BTC, enabling players to gamble on over 3000 games and sports.
Cloudbet features slots, roulette, blackjack, provably fair games with a house edge of 97%, or live game shows such as Monopoly Live. The sportsbook section offers both traditional and access to eSports game sections, including single games, various betting lines, and big tournaments.
Since its establishment in 2013, Cloudbet has held a valid gambling license making the gambling extremely secure. It provides support through a 24/7 live chat, a FAQ gaming section, and email support.
Pros
- Sportsbook
- High deposit bonus
- Lots of crypto deposit options
Cons
- KYC required
- Withdrawal limits
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 |
7. Trustdice – Best for Wagering on eSports with EOS Cryptocurrency
TrustDice is one of the few completely decentralized gambling platforms operating on the EOS blockchain that offers eSports betting, processes withdrawals instantly, and gives a large welcome bonus to new players. As stated, eSports fans can get a bonus of up to 22% or up to 3 BTC or 150 ETH – which not many sites can offer.
For eSports fans, Trustdice offers a risk-free first bet for the wagering of 1.6 or higher and a bet size of $30 or above. Other bonuses include a free casino faucet offering TXT tokens, which can be exchanged into BTC, ETH, or EOS. In addition, Trustdice has weekly bonuses, play-to-earn ways to earn TXT tokens, and staking profits on the platform.
Despite its decentralized state, Trustdice has over 3000 games, including provably fair games – dice and crash, slots, table games, and a live casino. Their eSports section features top games like CSGO, Dota 2, League of Legends, and smaller tier games like Rush Football.
With a Curacao gambling license, players can’t gamble anonymously, as verification can be requested upon withdrawal. The customer section enables players to contact the platform through live chat.
Pros
- 30 EOS games
- Welcome bonus of up to 150 ETH
- No anonymous gambling
Cons
- Possible verification request
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
225% up to 3BTC | 40x | 10 USDT | BTC, EOS, ETH, TXT, TRYBE, USDT, BGG, VITA, UUU, PTI, OATH, PIXEOS, LYNX, NDX, MEETONE, TPT |
8. Betfury – Best for Accessing a Crypto Faucet
Betfury is a gambling ecosystem that benefits eSport bettors, including a free faucet that helps boost one’s bankroll, provably fair games, and a platform with an excellent online reputation offering no-deposit free spins to registered players. The welcome bonus provided by BetFury includes 1000 free spins and up to $3,500 with a wagering of 35x that spreads over three total deposits.
The minimum deposit for the highest tier welcome package starts at $500, and BetFury also includes additional promotions such as casino battles, slots drops, or Twitter share giveaways. A VIP program is also set in place, offering 25% cashback and exclusive promotions. Players can start depositing using ETH, ENJ, BTC, or USDC, among others, with a minimum deposit of 0.00015 BTC.
The platform includes over 1000 games that range from slots to provably fair games or a live casino section with blackjack or roulette. The sportsbook section includes both eSports and traditional sporting events. Launched in 2019, Betfury has an excellent online reputation, as it holds a Curacao gambling license and has a KYC set for withdrawals exceeding 2,000 USDT. The operator provides support through its social media and a 24/7 live chat, as it offers the site in over eight languages and has a great social media presence.
Pros
- Sportsbook
- High deposit bonus
- Lots of crypto deposit options
Cons
- KYC required
- Withdrawal limits
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 |
9. Betcoin.ag – Best for Betting on eSports and Playing Social Games
Betcoin comes in close to last as the platform offers eSports fans betting options on mobile and desktop, features its own utility token for social games, and offers almost instant withdrawals. The platform has a welcome bonus of 100% up to 1 BTC for new players and a free spin. Other bonuses on Betcoin include 50 free spins for depositing $25, leaderboard ranking rewards, a 50% second deposit bonus, and a 25% third deposit bonus in BTC.
The social media aspect is essential on Betcoin, which offers free spins on Tuesdays and Thursdays. The platform accepts six cryptocurrencies, including BTC, LTC, or ETH, with a minimum deposit of 0.0001 BTC. The platform features a wide range of games, from typical casino games such as slots, provably fair games, live casino, poker, and access to social games using the platform’s token PBR Coin on the site’s mobile app.
The sportsbook gives players access to traditional sports. With a Curacao gambling license, Betcoin doesn’t allow anonymous gambling and offers customer support through live chat and a social media presence.
Pros
- Social games
- Welcome bonus available
- PBR token
Cons
- 6 cryptocurrencies
- Confusing interface
- KYC
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
100% up to 1BTC | N/A | 0.0001 BTC | ETH, BTC, BCH, LTC, DASH, XRP |
10. Bitsler – Best for Betting Using Many Cryptocurrencies
Bitsler ranks last in our list of eSports betting websites as the operator offers a small welcome bonus, includes games from over 50 providers, and holds a valid gambling license for its gambling app. The welcome offer provided to new players gives users a 100% bonus of up to $700 and provides eSports fans access to unique betting offers on DOTA2 major with a free bet for any bet placed.
In addition, Bitsler has ongoing bonuses such as 45% rakeback, drops and tournaments, a VIP program, and a content-sharing competition.
Over 17 cryptocurrencies, including BTC, ETH, or ZEC, are available, with no minimum deposit or withdrawals. Over 1000 games are available from 50 providers, including slots, Bitsler originals – provably fair games, mega ways, bonus buys, virtual sports, a live casino with roulette and blackjack, and a sportsbook.
The sports and eSports sections are divided, making betting on games like LOL or CSGO easier. Bitsler holds a Curacao gambling license and offers customer support through email – without access to live chat.
Pros
- Welcome bonus
- eSports and sportsbook
- Multiple cryptocurrencies available
Cons
- 1000 games
- No live chat support
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
100% up to $700 | $1 per 200XP | 0.0001 BTC | BTC, ETH, XRP, LTC, USDT, DOGE, BNB, BUSD, ADA, ETC, BCH, ZEC, DGB, EOS, XLM, TRX, DASH, BTG, NEO & QTUM |
Introduction to eSports Betting
While esports in its current incarnation has only been known for a short while, it’s been around almost since the dawn of video gaming. The first video game is widely believed to have been written in 1962. By 1972 there were tournaments where players would compete against each other. The biggest one saw 24 of the best players competing to win a “Spacewar!”
tournament. It wasn’t a mainstream event, though, as very few people had access to gaming technology. Moving through the 80s and 90s saw gaming become more advanced and more mainstream. Tournaments in arcades were a regular occurrence. Although the events were small-scale compared to modern events, they were much larger than the ’70s tournaments.
The late 90s and early 2000s were when esports started to gain steam. The internet and LAN parties meant that players could easily compete against each other. Larger-scale tournaments began appearing, leading to the current landscape available now. With tournaments being broadcast around the world, growing prizes, and celebrity players, esports is starting to challenge the status quo.
The success of esports means that betting on esports has become much more prominent in recent years. Although many sites resisted offering esports options initially, this has changed over time as its popularity continues to grow.
The Rise of Crypto in eSports Betting
Most sports betting sites didn’t offer esports betting initially. It meant that crypto sites had to take the reins. The first esports betting sites were powered solely by crypto. With Bitcoin being a prominent player, it stands to reason that it’s played a big part in the success of esports. With crypto leading the way for esports betting to become popular, it’s the main reason crypto is still the best way to bet on esports.
Crypto sites have been in the industry from the start and have the most knowledge on the subject.
What are Crypto eSports Sites?
Crypto esports betting sites are fast growing in the world of online betting. With esports becoming extremely popular, it’s not surprising that these sites have started appearing regularly. However, you have to make sure you research thoroughly before choosing a site. Not all sites are legitimate, a side effect of a fast-growing industry. Our choice of crypto esports betting sites allows you instant access to trustworthy sites that offer high levels of service.
🔵The Impact of Cryptocurrency on the eSports Betting Industry
Crypto has played a big part in esports betting from the beginning. It was the first currency that adopted esports betting as a viable idea and has played a significant role in its growth. On top of that, the advent of crypto as a payment method for gambling has impacted gambling in general. More sites are offering players the opportunity to bet using crypto. It means that going forward, it’s likely that crypto will play a big part in both esports and traditional sports betting.
🔵What is the Future of eSports Crypto Betting
Esports betting has a solid future. More games are being added to sportsbooks constantly, and viewing figures keep rising. As it becomes a more marketable product, it will become more prominent in sportsbooks. The most exciting thing about esports and crypto is that developers can viably use crypto to create a betting ecosystem. This will allow players much more flexibility in the future, especially if games have specific gambling mechanics built into them.
Reasons Why to Use Cryptocurrency for eSports Betting?
There are many reasons why you would use cryptocurrency to bet on esports. If you’re new to the world of crypto betting, then you can discover the benefits of using crypto to bet on esports.
➡️Anonymous Betting
Remaining anonymous when betting is massively essential. It allows you to protect your identity from online fraud, which is a risk when using any site online. The other benefit is that your bank can’t see what you’re doing with your finances. If you’re applying for a loan or mortgage, remaining anonymous with your betting is crucial.
➡️You Can Bet from Anywhere
Crypto betting can be carried out anywhere. A lot of the top crypto betting sites are located offshore. So you can access them no matter where in the world you are. It is vital to research them first to make sure that they are legitimate.
➡️Fiat Value is Diminishing
The value of the fiat has started to drop. The pound sterling has seen significant drops in value in recent times. But it’s not just the monetary value that’s diminishing. Fiat isn’t as flexible as crypto, which means it’s not as valuable in terms of usefulness.
➡️There Are Lower Transaction Fees
Many payment methods charge a fee to send fiat currency, especially overseas. This isn’t an issue with crypto; it doesn’t matter where you send your crypto, and there are no fees to do it. Although crypto does have gas fees to make transactions, these are significantly lower than standard transaction fees.
➡️Your Gains Cannot Be Seized
With crypto being anonymous, it means that unless you convert your crypto to fiat, your gains are your gains. This protects your ability to make a profit and reduces the risk of your gains being seized.
➡️Fast Transactions
Crypto is significantly quicker than any other payment method. Even a slow crypto transaction is completed within an hour. Compared to trading with traditional currency, you can wait up to seven working days for it to be completed.
➡️You Are The Owner Of Your Currency
With standard money; you’re not the owner. Federal governments or monarchies own it. With cryptocurrency, this isn’t the case; your currency is yours. It means that governments can’t take it without your consent.
➡️Bypass Geo-Restrictions
Geo-blocking is put into place at many different crypto-betting sites. However, you can get around these restrictions when using crypto and a VPN. Combined with anonymity, it allows players to play at any site they want.
➡️Security
Crypto has higher levels of security than almost every other payment method on the planet. With military levels of encryption, it’s impossible to get into your wallet. If you keep your keys private, no one can access your crypto.
Top Crypto eSports Betting Sites Comparison
Operator | Bonuses | Wagering | Payments | Reputation | Pros | Cons |
---|---|---|---|---|---|---|
BC.Game | Daily wheel spin | N/A | 16 cryptos €10 min deposit | Licensed, high reputation | Award-winning platform | Withdrawal fees included |
Sportsbet.io | No welcome bonus | N/A | 11 cryptos, 0.0005 BTC min deposit | Licensed, high reputation | Fantastic choice of cryptos | No welcome bonus |
Stake | 200% up to $1,000 | 40x | 8 cryptos, 20 min deposit | Licensed & Respected | Lots of bonuses, great Sports choices | KYC required, withdrawal fees |
Thunderpick | Two welcome bonus choices. 5% matched bonus/100% matched | 2x/30x | 6 cryptos, $1 min deposit | Licensed, good reputation | Excellent bonus, eSports betting | High overround |
Cloudbet | 100% up to 5 BTC | Bonus released as players play | 18 cryptos 0.001 BTC min deposit | Licensed, good reputation | Amazing welcome bonus, eSpots Betting | KYC required |
TrustDice | Refund if the first bet loses | N/A | 4 cryptos, $5 minimum deposit | Licensed, solid reputation | Good sports choices, No KYC, BTC faucet | Odds and live betting could be improved |
BetFury | No welcome bonus | N/A | 7 cryptos, 0.0000001 BTC min deposit | Licensed, good reputation | Excellent odds, Players can stake and mine | Lots of geo-blocked countries, no welcome bonus |
Betcoin.ag | 50% matched bonus up to 0.1 BTC | 15x | 9 cryptos | Licensed, good reputation | Good choice of cryptos, No KYC required | Customer service is poor, Website is buggy |
Bitsler | No welcome bonus | N/A | 17 cryptos | Licensed, solid reputation | Excellent odds, no KYC required | No welcome bonus |
Things to Consider When Choosing an eSports Betting Site
When selecting a crypto betting site, there are some aspects that you will have to research. With so many sites on the market, it can be challenging to find the right one. We’ve put together everything you need to know to choose the right betting site.
1. Options for Deposits and Withdrawals
Having a wide selection of crypto payment methods is essential. If your chosen crypto isn’t available, then you won’t be able to play without making an exchange. Check what’s on offer first; that way, you can start playing immediately.
2. Payout and Withdraw Speeds & Terms
Even though crypto is rapid when making a transaction, some sites add processing time. Ensure you know how much time they add on; that way, you will know when your withdrawals will likely be processed.
3. Restricted Countries
Not all crypto sites are available everywhere. Even though you can access sites using a VPN, this is still a risk. If you want to play without a VPN, you must ensure the site is accessible in your region.
4. Reputation & Trust
A trustworthy site is vital if you want to play there. Check the site’s reputation and its record of treating players fairly. If it does, then it means you’re more likely to be able to trust it. A legitimate site is crucial when finding an esports sportsbook.
5. eSports Available
If you’re looking to bet on esports, you must ensure the site has it available. If there are no esports options or even a poor choice of markets, it won’t give you the flexibility you need. Check what’s available before you sign up; that will make it simpler for you to bet on your chosen esport.
6. VIP Programs & Bonuses
Grabbing a solid bonus is imperative for a good bankroll management strategy. It allows you to boost your bankroll and manage your bets more sensibly. It’s not just a case of looking at what’s on offer. Ensure you check the terms and conditions as well. Even the best betting bonus isn’t worth claiming if they’re not fair.
7. Where the Site is Licensed
Not all licenses are equal. Some licenses have a better reputation than others. Check which licenses are in place to help you understand whether the site is legitimate. The UK, Sweden, Malta, and Curacao are some of the best regulators.
8. Features Available
Can you bet on events while they are taking place? Does the site offer a wide range of additional marks? Is the site easy to use? These are all questions that you should be asking. You need to have many features when playing at a site. Ensure you have everything you need before you sign up.
9. Customer Service
If you have any issues with your chosen sportsbook, you need to know that customer support will provide you with efficient help. If the customer service isn’t at the required standard, it could mean the site isn’t right for you.
How to Bet at Crypto eSports Betting Sites?
Once you’ve chosen your crypto sportsbook, you must understand how to place your bets. Our simple step-by-step guide will help you through the process of placing your first bets.
eSports Crypto Betting Vs Traditional eSports Betting
Crypto betting does provide players with a few differences when compared to standard esports betting. Although they are primarily benefits, some can be drawbacks in the wrong circumstances. We’ve looked at the most common differences to help you understand why crypto esports betting is the premier choice.
Financial Privacy
When you bet on esports with standard currency, your bank knows everything you do. This can go against you if you want extra services from your bank. Using crypto can avoid this problem and retain privacy with your finances. It allows you to still bet on esports without impacting your credit score.
Low Fees
Making a transaction with crypto has much lower fees than fiat. It will enable you to keep more winnings when you play with crypto. It becomes even more pronounced if you send funds overseas, as crypto doesn’t add an extra charge to send funds to another country.
Bet From Anywhere
Fiat instantly puts a limit on where you can bet from. If you’re betting with certain currencies, you can’t use them in some countries. This isn’t an issue with crypto. You can use it in any country without any barriers put in place.
Better Bonuses and Rewards
Crypto bonuses are much more significant than fiat ones. A great example of this is Cloudbet. It offers a 5 BTC welcome bonus. There isn’t a single online sportsbook that offers a welcome bonus on the same level as that. If you want to boost your bankroll, crypto sportsbooks are the best choice.
No ChargeBacks
A common scam recently has been people receiving funds and then losing them due to a chargeback. Depending on your payment method, some betting sites could even recall winnings. Sportsbooks can’t do this with crypto. Once a payment has been made, the site can’t stop it. So, your winnings are yours forever.
Volatility of Cryptocurrencies
This can be both a benefit and a drawback. Because crypto is volatile, it can increase and decrease in value. It means your winnings could be worth significantly more or less, depending on the market. Knowing this will allow you to avoid some of the risks, especially if you hold your crypto at the correct times.
Types of Crypto eSports Bets
Although the markets aren’t quite as varied as standard sports betting, esports still has some excellent bet types. You can discover the bet types with our quick-fire guide.
Tournament Winner
This is self-explanatory. It’s a bet on who will be the winner of a tournament. You would typically place a tournament winner bet before the event has started. However, if the odds change during the event, it can also be placed while it is taking place.
Match Winner
You would place a match-winner bet on the outcome of a single match. Depending on the type of game being played and the kind of match, you will have a lot of choices available to you. You may also be able to bet on a team or a single player, again taking into account the game’s specific rules.
Accumulator Bets
Also known as parlay bets, accumulator bets are a collection of single bets combined into one bet. You may choose to bet on three different matches, but when you put them into an accumulator, all three games have to win for it to be a success. Using an accumulator will increase the potential reward but also increase the risk.
Prop Bets
When you place a prop bet, it’s based on a single aspect of the game. It might cover which individual gets the most kills in a team-based event. Each game will have its own prop bets available, which don’t revolve around who will eventually win the game.
Legality and Regulation Behind eSports Crypto Betting
Generally, crypto esports betting is legal almost across the board. However, just like any form of betting, there are exceptions. Each crypto sportsbook will have its own terms and conditions. These will concern the site’s location and the license it holds. It means that you will have to look into the specific rules for each site to play there.
Local regulations can also come into play. For example, money laundering regulations and how the country treats crypto can affect whether esports crypto betting is allowed.
Closing Thoughts
Esports is growing at an incredible rate. It has the potential to be the biggest sport in the world in the future. The fact it’s in sync with youth culture means it could overtake the Premier League, World Cup, and Super Bowl as the most significant sporting events.
While this would be a long way in the future, it doesn’t mean you should ignore esports now. If you get into it now, you can become an expert before it gets huge.
Our guide will give you a solid foundation to be an esports crypto betting expert.
References:
What is Crypto Betting?
Crypto betting is placing a bet on a sporting event using cryptocurrency. Many crypto sportsbooks are available, and our guide provides recommendations on the best sites.
How do I Make a Deposit with Crypto?
Depositing with cryptocurrency can be done very quickly. All you need to do is make your way to your account page at your crypto sportsbook, check the site’s wallet address, and then use your wallet to make a deposit.
How do I Make a Withdrawal with crypto?
Making a withdrawal is also a simple process. Access the account page, navigate the withdrawal tab and then enter your wallet address in the correct space. Once you’ve completed this step, you must choose how much you want to withdraw and confirm it on the site.
Is it Legal to Bet on eSports with Crypto?
It depends on the country where you reside. It’s legal in most countries, but some don’t allow it. To ensure you don’t break any laws, check the regulations for your country before you start playing.
What Cryptocurrencies do eSports Betting Sites Accept?
There are a significant collection of cryptocurrencies that esports betting sites accept. Each site will have a specific list. If you want to play with a particular crypto, you will need to check its availability first. Ensure you do this before signing up, so you don’t waste your time.
Can I Bet on eSports with a Decentralized Betting Platform?
In theory, yes, you can. However, it will vary between platforms. Developers will have created some platforms with esports betting in mind, but some will focus on other betting areas. Make sure to look into the platform’s offerings before you use a decentralized platform.
Our Sportsbooks Picks
A pro gambling writer since 2015, immersed in the world of crypto since 2016, Will built up a wealth of knowledge and experience in both crypto gambling and crypto betting, making him one of the most prominent voices in the industry. His high-quality reviews have been featured on prominent gaming platforms, making him a trusted authority in the field.
Nationality
British
Lives In
England
Facts Checked by Vlad Hategan