Cryptocurrency sports betting sites offer an anonymous and secure way to wager on your favorite sports. With more crypto-friendly betting sites available today, it’s easier than ever to place bets using Bitcoin, Ethereum and other popular cryptocurrencies.
In this guide, we’ll review the 12 best Bitcoin sportsbooks for 2023 and cover everything you need to know when it comes to placing bets on your favorite sporting events with crypto.
Best Bitcoin Sports Betting Sites in 2023
Here is a list of the top Bitcoin betting sites you should pick and which ones are anonymous (no KYC at registration).
- Cloudbet – best sportsbook for extensive limits | anonymous ✓
- BC Game – best sportsbook for choice of crypto payments | anonymous ✓
- Fortunejack – best sportsbook for free bets | anonymous ✓
- Stake – best sportsbook for variety of sports promotions | anonymous ✓
- Sportsbet – best sportsbook for live odds | anonymous ✗
- Nitrobetting – best sportsbook for privacy | anonymous ✓
- 1xBit – best sportsbook for lucrative bonuses | anonymous ✓
- Betonline – best sportsbook for choice of sports and events | anonymous ✗
- Bovada – best sportsbook for longevity (2011) and reliability | anonymous ✗
- N1Bet – best sportsbook for hybrid deposits (crypto and fiat) | anonymous ✗
- Betcoin Sports – best sportsbook for no limit on withdrawals | anonymous ✓
- Sportsbetting.ag – best sportsbook for USA players | anonymous ✗
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Cloudbet, a crypto-centric sportsbook established in 2013, offers a broad range of sports events and a dedicated eSports section. The platform lacks a mobile app and live sports streaming but makes up for it with an extensive loyalty program that offers benefits from free spins to dedicated account managers. Customer service is available 24/7 via live chat and email. Cloudbet supports multiple cryptocurrencies for transactions, including Bitcoin and Litecoin, and offers bonuses, including a welcome bonus of up to 5 Bitcoins. Ideal for cryptocurrency users and eSports enthusiasts, Cloudbet is a versatile option for online betting.
Experience sports at BC and enjoy up to 5BTC welcome bonus!
Offering bets on 45+ sports and accepting 27 different cryptocurrencies, BC Game stands out for its wide range of payment options. The sportsbook provides average payouts of 94% and features such as full cashouts and live streaming. With minimum bets starting from $0.10, it caters to all budgets. BC Game also features an iOS and Android mobile app, making it one of the few crypto betting sites to do so. The platform is safe, licensed, and provides 24/7 support.
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A well-organized sportsbook offering a wide range of sports and esports events. Despite its lack of exotic sports, it covers most popular sports and esports with hundreds of markets for each event. Live betting is available, and odds are generally more favorable than other Bitcoin sportsbooks. Unique offerings include the “Culture” category, where you can bet on cultural events like award ceremonies and elections. The platform accepts a wide range of popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Dash, Tether, and more, making it an ideal choice for crypto bettors.
Wager and participate to the $100K / 2.6510BTC daily race and $50K/ 1.3255BTC weekly giveaway
Known for a simple interface and competitive odds, Stake offers a wide variety of sports and betting markets. It shines in its live betting feature, and its selection of sports covers most popular leagues and even some niche ones. However, it doesn’t have a mobile app, and the website sometimes suffers from slow load times. Overall, Stake is a strong option for those interested in a broad range of sports, especially for crypto users.
Pick 6 scores correctly and win 100,000 USDT every week
Owned by mBet Solutions NV, Sportsbet.io is a robust platform for sports betting, boasting an extensive range of sports. With options like live betting and various bet types, it caters to a wide spectrum of preferences. While it doesn’t offer a typical welcome package, numerous promotions such as the Fantasy League enhance the betting experience. Accepting both fiat and cryptocurrencies including Bitcoin, Ethereum, and others, it provides versatile banking options. However, once fiat is deposited, it cannot be converted to Bitcoin. The platform lacks a mobile app but offers a user-friendly mobile website.
Join, make a deposit and start betting to unlock your 100% up to 25 mBTC Real Wager Bonus
Part of the Nitro Sports Group, Nitrobetting offers a unique fully anonymous betting experience with Bitcoin. Established in 2021, it provides a range of quality promotions including the Real Wager welcome bonus, the Sports Rebate cashback promo, and a loyalty program. Nitrobetting allows betting on all sports markets and maintains a flexible approach to balance restrictions and withdrawals. The platform also runs a loyalty scheme and cashback offers to enhance user engagement. While its bonuses are not numerous, they are well-curated and beneficial to users.
Deposit more than 1mBTC and get a welcome sports bonus up to 7BTC. Promo code is 1xb_12448
1xBit offers a diverse range of betting options across 40+ sports, and is notable for its generous bonuses, which can sum up to 7 bitcoins. Despite a lack of live streaming and occasionally slow load times, the platform is appreciated for its competitive odds and well-designed mobile app. Anonymity and security are assured, thanks to its exclusive use of cryptocurrencies.
1st crypto deposit? Get a 100% bonus up to $1000 or 0.0265BTC or 0.4933ETH
Founded in 2001, BetOnline is an established sportsbook that has a reputation for being legitimate and reliable. It offers a wide variety of deposit options, including popular credit cards and cryptocurrencies like Bitcoin and Litecoin, accommodating a broad range of customers’ preferences. BetOnline stands out for its consistent odds and availability of lines across a variety of sports, and it is also praised for its offerings in futures betting. Despite these positives, the user interface is considered outdated and in need of an upgrade. Although it may not offer the highest level of anonymity, it is a trusted platform for sports betting.
Deposit BTC or cryptos to get 75% up to $750 Sport bonus! Promo code is BTCSWB750
Launched in 2011 as a spin-off of Bodog, Bovada is an online sportsbook known for its wide coverage of sports markets. However, it has a poor reputation for timely payouts and the quality of its customer service. The site uses SSL encryption software to secure its connection, but its lack of licensing and regulation in the U.S. has been a cause for concern. The odds offered by Bovada are often average and typically follow the trends set by industry leaders. Their betting app also receives poor reviews, with users citing various issues from login problems to perceived rigging in the casino and table games sections. Due to these concerns, betting with Bovada may not provide the level of anonymity and security that some users prefer.
55% up to 0.02BTC in free bets as a sportsbook welcome package!
N1Bet stands out with a sportsbook that includes over 40 sports and eSports. The platform, launched in 2021, offers a secure and user-friendly experience, thanks to its SSL encryption and multilingual interface. Deposits and withdrawals are made easy with over 20 payment options, including cryptocurrencies. A dedicated customer service team is available 24/7 for any queries, making N1Bet a promising choice for those seeking variety and flexibility in payment methods.
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Betcoin Sports is a crypto sportsbook that ensures privacy while providing a wide range of sports betting options. Launched in 2013, Betcoin Sports offers attractive odds, speedy payouts, and accepts a variety of altcoins. The platform guarantees security and trustworthiness, with a track record of swift resolution of initial encryption issues. Besides, its high welcome bonuses and quick withdrawal times make Betcoin Sports an attractive choice for gamblers preferring anonymity and unrestricted withdrawals.
SportsBetting.ag is a leading crypto-friendly sportsbook for US players, accepting a variety of cryptocurrencies including Bitcoin, Ethereum, and Litecoin. Over 87% of bettors prefer Bitcoin for transactions. Its sportsbook offers a generous 100% first-time crypto deposit bonus and a 35% reload bonus, exclusive to the sportsbook. With a wide selection of markets, 24/7 customer support, and unique risk-free bet opportunities, it provides a secure and engaging betting environment.
How to Bet With Bitcoin
Betting with Bitcoin is a bit different from betting with fiat currency. The reason for this is that Bitcoin is a digital currency. As a result, it requires a different transmission system than the one used to buy and sell fiat currencies.
Below is a detailed breakdown of how to bet using Bitcoin.
Signing Up
The first step in betting with Bitcoin is to create an account at an online casino that accepts Bitcoin. Below you will find a complete list of betting sites that accept Bitcoin. Once you pick one you like, simply click on sign up, and complete the process. In most cases, you only have to provide an email address and your name.
Once you have an account, pick Bitcoin as your deposit option. Instead of seeing a deposit form where you fill in details, you will see a QR next to a long string of letters and numbers. The QR code is a representation of the string of letters and numbers. You can opt to scan it or simply copy the string of numbers. These numbers and letters are the Bitcoin address.
Set up a Wallet
You will need to create a crypto wallet where you can store, send, and receive Bitcoin. Today, there are numerous Bitcoin wallets available to users. The process is quite simple; you simply download a browser extension or mobile app and secure it with a password. It is now your Crypto wallet.
You do not have to provide your name or other personal details. A good example of this is Trust Wallet. You can also opt to use Atom or any other Bitcoin wallet you feel meets your needs. Once you pick a Bitcoin wallet you like, simply download it on the Play Store or via the Chrome Web Store. Install it, and you are good to go.
Buy Bitcoin
Once you have a wallet, you can now buy some Bitcoin. This can be done via a crypto exchange, like a forex broker, but for crypto – a good crypto exchange is Coinbase. Download the Coinbase app and sign up for an account.
Once you complete the signup process, you must verify your email, phone number, and personal details. You will need to disclose information, like how you plan to use the crypto. Coinbase must ensure you are not engaging in illegal activities when you purchase BTC.
To buy Bitcoin on Coinbase, pick Bitcoin Wallet under Accounts, and tap Buy Bitcoin. You will need to verify some information before the purchase is complete. Enter your details and proceed with the purchase. Once you review the transaction, you can go ahead and complete it. You now have Bitcoin in your Coinbase account.
Send Funds to Your Wallet
Once you buy BTC from Coinbase, send it to your wallet for safekeeping. It also means that Coinbase cannot restrict you from using your funds if they feel like it. Simply open Coinbase and pick Bitcoin Wallet. Not click send, and scan the crypto wallet address of your wallet.
The BTC will appear in your wallet address in a few minutes. You can now deposit the funds into your Bitcoin sports betting site with the funds in your wallet. Once more, you can copy the wallet address or simply scan the wallet address.
How We Chose the Best Bitcoin Sportsbooks
If you love sports, one of the ways to benefit from your passion is via sports betting. Using cryptocurrencies to gamble on your favorite sports is a hobby many people practice. However, you must ensure that the Bitcoin sportsbook you chose meets the highest standards possible. Additionally, you need to understand how crypto sports betting works for you to succeed at it.
We took time to carefully assess the various aspect of online betting sites. Our goal was to ensure that we could find online betting sites that meets all of a potential bettor’s needs. These include safety, regulation, ease of payment, as well as the general aesthetics of a crypto sports betting sites.
How a Crypto Sportsbook Works
There are numerous Bitcoin betting sites today. For newbies, they could all look the same. The first step in picking the best is understanding how crypto sports betting works. Not all cryptocurrency sports betting sites are legit. It is thus important to know which one is.
A crypto sports betting site works just like a regular betting site. The only difference is that the site gives you a crypto address where you will deposit your funds. Some crypto sports betting sites will even have an option where you can purchase crypto from the site. In addition, when withdrawing your winnings, the crypto sports betting site allows you to use cryptocurrency to withdraw your winnings.
Is Crypto Sports Betting Safe?
When using cryptocurrency to place bets on sports betting sites, the first thought is whether your funds are safe or not. When you pick a legit crypto sportsbook, the site is safe. All funds from users enjoy the toughest levels of protection. These legit sites will take measures to ensure that gamblers’ funds are secured from hackers.
How to Choose the Right Bitcoin Betting Sites
The first step is to make sure that the website itself is reliable. That means it should not take more than a few seconds to load up when you visit the site. If it does, it might be a sign of poor maintenance.
After that, you should check for licenses on the site. A genuine casino will publicly display all its licenses as proof that its activities are above board. In addition, a licensed casino usually has to take measures to secure funds and be provably fair. Consequently, you are safe using such a site.
✓ Betting Markets
Another important feature to check is the betting market selection. A big selection ensures you have more possibilities of finding a winning combination. It should cover as many leagues and sports as possible since each sport presents unique opportunities for victory. Ensure that the sportsbook supports all the most popular leagues. Avoid a sportsbook that only supports obscure sports leagues.
✓ Offers and Promotions
One way to boost your earnings from a sportsbook is to opt for one that offers big offers and promotions. If you are lucky, you could find one that triples your initial deposit bonus. With such a sportsbook, you have the opportunity to place real-money bets on games you think will have an outcome favorable to your needs. Ensure that you claim every promotion and incentive offered to you.
These incentives are often time-bound. Consequently, you must ensure that you find and claim as many of them as fast as possible. On some sportsbooks, it could equate to hundreds of dollars in free funds. But, on the other hand, if you are good at placing bets, it could result in some huge wins with a minimal investment.
Bitcoin sportsbooks compete to get a share of the growing crypto casino market. As a result, this is one of the best times to sign up for a crypto casino.
✓ Customer Service
When signing up for an online Bitcoin sportsbook, always check the customer service. Unlike a physical casino, where you can always talk to the manager, an online Bitcoin sportsbook can only serve customers via the internet. Thus, the virtual crypto casino must service all customer issues in good time. When picking an online crypto casino, ensure that customer service is offered via a channel and language you understand. Otherwise, it might prove nearly impossible to deal with any issue.
✓ Check the Odds
Besides covering many markets, a good Bitcoin sportsbook must offer competitive odds. Bettors are always looking to get the most for the funds. By looking intensely at a Bitcoin sportsbook, you can find out if the odds are offered to meet your needs. If they are too tiny, it means you will have to spend huge amounts of money to make any meaningful wins.
✓ Device Compatibility
Another important check is whether a site is compatible with your devices. Modern technology means that a Bitcoin sportsbook can offer services from anywhere in the world via any modern device. As such, it is important to ensure that the site you pick is compatible with the devices you use.
For instance, after opening an account via a desktop, you should be able to access it via a mobile device. This is because most people today are always on the move. As such, you must be able to access betting opportunities whenever you need to.
✓ Customer Reviews
One of the best ways to gauge a Bitcoin sportsbook is to read online reviews. A good sportsbook will have many positive reviews from past customers. However, if you cannot find even one negative comment about an online Bitcoin sportsbook, it might mean those reviews are fake. As such, look to read both positive and negative reviews about an online sportsbook to help you make an informed decision.
If you do not find any online reviews, it might also indicate the sports betting site is still young and no reviews have been posted yet. Since Bitcoin sportsbooks are so young, this is a real possibility.
✓ Regulation
When choosing an online Bitcoin sportsbook, it is important that you carefully examine the regulation. It would be helpful to find an online sports betting site that makes an effort to be regulated. A license shows that an online sports book is committed to protecting the funds and rights of its players. Having a license also shows that a sportsbook is properly governed.
✓ Withdrawal Time
Everyone who participates in the Bitcoin sports betting site hopes to earn money. However, some sportsbooks have huge delays when it comes to withdrawing winnings. When that happens, it can be highly inconvenient for a bettor. Thus, checking all the terms and conditions before picking a Bitcoin sportsbook is best.
There can be a few hours on some sportsbooks, while on others, the limit can be weeks long. On some sites, the limit is placed when making large withdrawals in a given period. No one likes to wait when withdrawing his or her winnings. As such, pick one that offers you reasonable withdrawal times.
✓ Transaction Anonymity
When you deposit funds in crypto, an online sportsbook may ask you for personal details. It is thus important to ensure your details are secure. Thus, you must check that the platform offers security for your personal details. Furthermore, an online platform must also only request the information it needs due to legal requirements and no more. As a result, you can maintain your anonymity when placing bets on your favorite teams.
✓ Ownership
A major important point to check when picking an online sportsbook that accepts Bitcoin is ownership. While a site may be new, its operator could be ten or more years old. That is often a good sign that you are using a genuine sportsbook.
Always seek to find the owner of a Bitcoin sportsbook. Chances are that you will find they operate many other online sportsbooks. In some cases, you might have even used one of them. If your experience there was good, there is a good chance it will also be good on this platform.
Bitcoin Sports Betting vs. Traditional Betting
If you consider weighing a Bitcoin sportsbook against a traditional betting site, you need to understand some of the benefits you will receive. This way, you can make the best decision possible.
Here are some of the benefits you get when you use a crypto betting site:
No Third Parties
A major problem with using a sports betting site is that your bank may refuse to process your transaction. Sometimes, the bank or third party may hold your funds without reasonable grounds. One reason is that banks adhere to strict laws, which sometimes prevent them from allowing deposits to be sent to a sportsbook based outside the country.
When using crypto, it is highly unlikely you will face any third-party issues. This is because your crypto travels directly from your account to the sportsbook’s account without using a third party. The result is that you can bet on your favorite games without issues.
Bitcoin has proven itself as a reliable method of betting for this reason. No bank or government can intercept your Bitcoin transaction on its way to the sportsbook. This also applies when you withdraw funds. It ensures the sportsbook can send you every penny of your winnings.
Access to More Sportsbooks
The limitations placed on sportsbooks mean they cannot offer some of their services in your country. However, when using crypto, there is no way to stop them. For bettors, this is a huge advantage. It ensures they can access betting markets that would have otherwise been inaccessible to them.
Today, hundreds of Bitcoin sportsbooks will let you place bets on any sports competition globally. However, the difficulty of central banks and governments limiting Bitcoin transactions means you have huge options compared to traditional sites.
For example, in some states in the US, it is virtually impossible to engage in crypto betting. This is because the law makes it illegal to gamble on anything. However, with crypto, you can place bets on sportsbooks on the other side of the world without worrying whether or not your local bank will process the transaction.
Low Fees
A major incentive to betting in crypto is the low fees. Today, some payment processors will take as much as 10% of the total transaction value. By using crypto, you can avoid this cost. Some fiat services have a fixed charge of as much as $35 per transaction.
While Bitcoin is not free of fees, they are significantly lower. Less than one percent of the total transaction cost is used to process transactions. While fees sometimes increase on Bitcoin, most crypto sports betting sites support numerous coins, which means if the cost of BTC transactions increases, you can use another coin, such as USDT.
Fast Bitcoin Withdrawals
The fastest method of moving money around the world is in crypto. There is simply no faster method than with a blockchain. You will need 24 hours or more to confirm and withdraw your funds on all other methods. A Bitcoin transaction can be completed in minutes, no matter the amount. To conduct a bank transaction, you will usually need at least three days to process the transactions.
Great Bonuses
Another benefit of using a Bitcoin casino is access to special Bitcoin bonuses. Most sportsbooks also have to deal with high transaction costs when transacting in fiat. When they switch to crypto, those fees are eliminated.
As a result, there are huge cost savings for Bitcoin sportsbooks. They will usually pass on these cost savings to customers. It could be in the form of a 100% bonus for up to 0.01 BTC. Due to the high value of BTC, that can be quite high. Depending on the current value of BTC, that could net you up to $300 in bonuses.
High Anonymity
Most Bitcoin sportsbooks only need your name, email address, and sometimes your physical address. At these sports betting sites, you have the benefit of not needing to provide your financial details. However, it also ensures that your bank and other third parties cannot keep track of your gambling activities.
This is a preference by most Bitcoin sportsbook players. They love that they can place bets worth hundreds of dollars, and no one will track them. One benefit of this is that it does not affect your finances. But, on the other hand, some creditors will refuse to process your business or home renovation loans if they see you have a history of gambling, no matter how small those bets might be.
A Bitcoin wallet address will offer you the anonymity you have always desired in all your online transactions. You no longer have to worry about affecting your ability to navigate the world just because you placed a few simple bets.
Prices Could Go Up
Holding on to Bitcoin is an investment in itself. Only a small percentage of the whole world uses Bitcoin. As demand rises, so do the prices. As a result, there is a chance that the worth of Bitcoin could rise by simply holding onto them.
This is not the case with fiat currencies. Their value depreciates with time due to inflation. In some instances, the price of BTC could rise by double digits in just a few months.
Easy Deposits
On normal sportsbooks, the deposit method can be quite complex. You must provide your pins, go through 2FA, and send confirmations to your bank. Sometimes, the bank may hold onto transactions and refuse to process them. As a result, you might be forced to appear at the bank to correct the issue physically. This will not be an issue when you use crypto sportsbooks. All you need is a Bitcoin wallet and a deposit address. Within two or three button clicks, you will have the funds in the Bitcoin sportsbook.
Learning to buy some is relatively simplified if you are new to Bitcoin. In the past, it was complex and required knowledge of how to work with a command line. However, the world has since evolved, and BTC is today quite easy to use. First, most crypto exchanges will tell you how to acquire some BTC. Then, once you have the Bitcoin, you can use it as you please.
Conclusion
Finding the right sports betting site that accepts Bitcoin and other cryptocurrencies is difficult. First, you will need to check various factors, including security, bonuses, and the number of supported markets. After that, you will need to check the limits, and the terms and conditions. Additionally, you need to check whether you can withdraw in crypto.
Doing so will help to ensure that you do not face any issues when you attempt to make withdrawals from the platform. For instance, on some Bitcoin sportsbooks, you can only withdraw funds in Bitcoin once a month. You must ensure you are comfortable with this limitation before placing bets on the site.
FAQs
What Is the Advantage of Betting in Crypto?
Betting in Bitcoin or other cryptocurrencies comes with many benefits. The main ones are enhanced privacy, low transaction costs, and fast payouts.
Is Betting With Crypto Safe?
Yes. Various studies have shown that around 60% of crypto transactions occur via Bitcoin betting sites. If they were unsafe, the tight-knit crypto community would not be using the hard-earned crypto on Bitcoin sportsbooks.
What Is the Downside of Using Crypto to Bet?
A major downside is that most Bitcoin sportsbooks offer a mix of fiat and crypto betting, which requires one to comply with KYC rules. Additionally, cryptocurrencies are not stable in price like fiat currencies. Thus, one needs to have some crypto expertise when betting in crypto.
Where Can I Buy Crypto?
Buying crypto like Bitcoin is quite easy. Today, numerous crypto exchanges will let you buy Bitcoin and transfer it to a private wallet in minutes.
Do Bitcoin Betting Sites Accept Fiat and Crypto Together?
Most Bitcoin betting sites that accept Bitcoin also accept fiat transactions. Besides that, they will accept many other types of coins like ETH, LTC, and BCH. Most Bitcoin sportsbooks will generally accept the top ten crypto coins by market cap.
Is Crypto Betting Legal?
Most people worry that by holding crypto they are breaking the law. However, that is not the case. Owning crypto is legal. When placing bets using crypto is not different from placing bets using fiat currencies. As long as you own the crypto legally, you can do as you wish with it.
What Other Factors Should You Check When Picking an Online Betting Site?
Besides checking whether it supports your favorite sports team, you should also check whether a site offers support for gambling sites addiction. Like any other addiction, gambling requires some specialized support to overcome. Some Bitcoin sportsbooks offer to close down your account for a few weeks. If you feel you are at risk of addiction, check if this is a feature on the site.
Is Bitcoin Betting a Passing Fad?
It is highly unlikely that Bitcoin betting is a fad. Since its inception over ten years ago, Bitcoin has continued to grow in value and popularity. Too many people appreciate its benefits to stop using it.
Is Betting in Bitcoin Better Than Fiat Betting?
There are undoubtedly huge benefits when betting in crypto, like Bitcoin, compared to fiat betting. One of these benefits is the low transaction cost. In addition, placing bets in crypto ensures that you keep more of your funds.
How Much Can You Bet in BTC?
The limit of the wager you can place using Bitcoin depends on your platform. Some platforms come with betting limits of $1000, while others ha