Top 5 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.

2. BC.GAME – Best for Both Pre-Match and In-Game Betting

BC.GAME sportsbook offers traditional sports and eSports games like CSGO, Valorant, World of Tanks, Rainbow Six, and Dota 2. It is one of the few operators to offer a wide range of game options while also ensuring secure ways to wager on eSports.

Virtual game bettors can start with a deposit as low as $10 using various cryptocurrencies such as BTC, LINK, and DOGE.

BC.GAME remains a titan in the industry, sponsoring major teams like Cloud9. Their platform is highly gamified, though their unlocking system for bonuses (BCD) can be slower than traditional match bonuses.

3. Sportsbet.io – Best for Betting on Both Traditional and eSports

Sportsbet.io is a trusted cryptocurrency betting platform offering a great sportsbook section with extra wager bonuses for sporting events, and a mobile-compatible platform granting easy access to eSports betting options.

While Sportsbet doesn’t offer a welcome bonus for new players, it does have sports-focused perks such as multi-insurance, price boost, and 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.

4. Stake – Highly Established Operator

Stake is one of the five major crypto eSports online betting platforms. The platform includes a few active sports promotions, such as a weekly raffle and prize race; however, Bitedge offers a unique matched deposit bonus of 200% up to $2000.

eSports fans can access major online tournaments or bet on regular sports using over 20 cryptocurrencies, starting from 0.0002 BTC. Additionally, Stake has a VIP program which benefits sports bettors and increases their rakeback – and it’s invite-only.

5. Thunderpick – Best for an eSports Dedicated Site

eSports betting is a Thunderpick special! It hosts the Thunderpick World Championship (CS2) and offers unique features such as eSports Quizzes to earn betting credits.

New players can get a welcome bonus using the WELCOME code, which offers a 100% up to $500 and has a rollover of 10x for eSports betting and 30x wagering for casino games.

The operator accepts major cryptocurrencies like BTC, USDT, and ETH, as well as traditional payment methods. There is no minimum deposit for crypto payments, but withdrawals depend on each token’s specifics.

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 the 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 has 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 to adopt 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.

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. 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.

7. 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.

8. 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.

9. Security

Crypto has higher levels of security than almost every other payment method on the planet. With military-level encryption, it’s impossible to get into your wallet. If you keep your keys private, no one can access your crypto.

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 beneficial, 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 funds sent 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 being 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 best 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

Generally, crypto esports betting is legal 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 that 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:

• https://en.wikipedia.org/wiki/Esports
• https://esportsinsider.com/
• https://www.esportsus.org/