Best Crypto & Bitcoin Bookmakers

Reviewed by

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Zachary R., Kathleen M., Viktor T., Joe C.

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BetOnline
Sports Rating
8.70
Available in
Visit BetOnline
See other choices

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Intro

This comprehensive guide outlines our top-rated Bitcoin bookmakers in 2022.

The number of available bookie companies is proliferating, making it harder to find the best ones, but we feel that our guide will help you quickly narrow down the field.

Nonetheless, we know you probably want to quickly find out about the top bookies with crypto for 2022.

Without further ado, we’re happy to announce our list includes:

Best Sites

1.

BetOnline

Sports Rating 8.70
Available in
Available in United States
8.70
Bonus: 
50% Welcome Bonus up to $1,000
Description: 

BetOnline is an online casino with higher than average betting limits. It offers sports betting, poker, casino, esports, and lots of bonuses throughout the year.

General Information

Year founded: 
2004
Cryptocurrencies: 
Bitcoin
Ethereum
Litecoin
Bitcoin Cash
XRP
Stellar
Cardano
Tether
USD Coin
Dogecoin
Solana
APEcoin
Avalanche
Binance Coin
Chainlink
Polygon
SHIBA INU
Languages: 
English
Licence(s): 
Panama Gaming Commission

Anonymity

BetOnline does not offer anonymity. You must provide your country, postal code and phone number just to open an account. 

Reputation

BetOnline has a fair reputation depending on who you ask. They offer a wide variety of betting options but there are also many complaints against them.

Play on BetOnline
2.

Bovada

Sports Rating 8.48
Available in
Available in United States
8.48
Bonus: 
Up to $3000 in welcome bonuses
Description: 

Bovada.lv is a famous sports betting and casino brand founded in 2011. 

General Information

Anonymity

Bovada.lv doesn't allow anonymous gambling, and players must leave their personal information during registration.

Reputation

Bovada.lv stands out with a solid reputation thanks to Curacao's official license and SSL security license.

Pros and Cons

Play on Bovada
3.

BetUS

Sports Rating 7.80
Available in
Available in United States
7.80
Bonus: 
200% crypto Bonus - JOIN200, 20% cash Bonus - 20CASH, 250% casino Bonus - CAS250, 100% Crypto Sports Bonus - SU100CRYPT
Description: 

This review of BetUS details everything any potential gamblers need to know. We cover everything from the reputation to the bonuses and promotions on the platform.

General Information

Anonymity

You are unable to create an anonymous account. BetUS requires you to input your name, phone number, and even your address in order to place any bets. 

Reputation

BetUS does not have a great reputation. They have a good track record of users being able to deposit & withdraw cryptocurrency easily but that is not the case with cash or bank deposits and withdrawals. 

Pros and Cons

Play on BetUS
4.

GTBets

Sports Rating 7.75
Available in
Available in United States
7.75
Bonus: 
150% Cash Sign-up Bonus
Description: 

GTBets is a sports betting venue that also offers a nice selection of casino games for every taste.

General Information

Anonymity

There is no anonymous play at GTBets. KYC is required by your sixth deposit.

Reputation

GTBets has a good reputation among players, but there is no information regarding ownership. That being said, with almost no complaints they appear to be a trustworthy site. 

Pros and Cons

Play on GTBets
5.

Looselines

Sports Rating 7.30
Available in
Available in United States
7.30
Bonus: 
Get a 100% bonus, up to $2000 on your first deposit!
Description: 

An in-depth look at Looselines; an online casino and sportsbook. Is Looselines legit? This review will allow you to decide if Looselines is right for you.

General Information

Anonymity

Looselines allows you to create an anonymous account using just an email and a digital wallet. This feature is valuable as it allows you to retain your identity and limits the amount of data that can be compromised. 

Reputation

Other than finding out that Looselines is a subsidiary of Jazz Sports, I was unable to find any information about the owners. This can be an issue but is often common practice amongst online casinos.

Pros and Cons

Play on Looselines
6.

Mbet

Sports Rating 7.28
Available in
Available in United States
7.28
Bonus: 
Up to 5mBTC Risk-Free Bet
Description: 

Are you looking for a crypto native sportsbook? This review of MBet.io will help you decide if they are the right sportsbook for you.

General Information

Anonymity

You are unable to generate an anonymous account on Mbet.io. This is not a dealbreaker but many gamblers prefer to use anonymous accounts. 

Reputation

MBet.io has cultivated a good reputation through their quick deposit and withdrawal processes. Third-party sites included many favorable reviews, although it is noteworthy that they do not have a license. 

Pros and Cons

Play on Mbet
8.

Casobet

Sports Rating 5.53
Available in
Available in United States
5.53
Bonus: 
Casobet welcome bonus is 120% up to 2500 euros
Description: 

Casobet is an online casino, sports betting, and cryptocurrency gaming platform. You can play against the house or other players.

General Information

Anonymity

Casobet does not offer anonymous gambling.

Reputation

Casobet does not have the best reputation.

Pros and Cons

Play on Casobet
9.

Ignition Casino

Sports Rating 5.23
Available in
Available in United States
5.23
Bonus: 
100% up to $3000 for depositing Bitcoin and up to $2000 for depositing cash.
Description: 

An in-depth review of Ignition Casinos’ online offerings. Learn everything from the features of the platform to the reputation of the management team and more. 

General Information

Anonymity

Ignition Casino requires you to provide an email and a phone number to start an account. They do not offer anonymous account generation.

Reputation

Ignition Casino has developed a poor reputation based on their user reviews from third-party sites. Many users have questioned if there is an Ignition Casino scam.

Pros and Cons

Play on Ignition Casino
10.

Betflip

Sports Rating 2.45
Available in
Available in United States
2.45
Bonus: 
111% up to €1500 or 1 BTC
Description: 

BetFlip is a crypto casino site that also offers an impressive sportsbook. The site offers several crypto deposit options as well as eWallet deposit options.
Betflip players can benefit from bonuses on their first 10 deposits with a  €10 or equivalent minimum deposit.

General Information

Anonymity

Betflip registration only requires an email, username and password but personal information is required to claim bonuses, and they reserve the right to request a KYC. The site reserves the right to check your identity prior to processing payouts and to hold withdrawals until your identity is verified. 

Reputation

BetFlip does not have a good reputation, with most review sites rating them as bad.

Pros and Cons

Play on Betflip

Here’s Why You Should Choose Bitcoin on Bookie Companies

If you’re reading this, you’re probably interested in using Bitcoin bookies but still want a few questions answered.

Despite plenty of media mentions, the cryptocurrency market remains a mysterious entity to many people.

In our experience, most people who play with Bitcoin on bookmakers have no interest in returning to fiat websites.

Why? Keep reading to find out!

Fiat’s value continues to decline annually

Fiat currency is a form of legal tender propped up by the government that issues it.

Its value is determined by various factors, including interest rates, money supply, and economic supply and demand.

The United States Dollar is one of the best-known fiat currency examples.

Hyperinflation, a term that describes rapid, out-of-control price rises in an economy, is one of the biggest downsides of fiat.

When the Federal Bank of St. Louis took a close look at inflation recently, it discovered something concerning.

The financial institution set the dollar’s value at 100 in 1983, and found that in 2021, this figure had fallen to 37.

Basically, your purchasing power today is about one-third of what it was about 40 years ago.

If that isn’t grim enough news, the rise in earnings is far below the level of inflation during this timeframe.

In fact, since the end of the 1970s, wages have increased by under 1% annually, a percentage that’s significantly below inflation.

Therefore, fiat currency is literally making us all poorer!

Why is fiat still around?

Fiat currencies ensure governments retain control of their respective economies.

Financial institutions ultimately have the final say regarding who uses fiat currency and why.

Since fiat does little for anyone outside a small financial bubble, it’s about time we cast it aside and recognize that Bitcoin is where money is heading.

If you’re concerned about a loss of purchasing power, digital assets can help keep your savings safe from the ravages of inflation.

Privacy

Bookmakers regularly make the process of depositing cash a real hassle.

For one thing, depositing via bank transfer or debit/credit card is usually a no-no.

Why? Because banks don’t like ‘gamblers’ and make life extremely hard for anyone who uses a bookie.

Suppose a bookmaker deposit appears on your bank statement; you’ve all but guaranteed you’ll never receive approval for a loan.

For instance, the bank will likely reject a mortgage application solely because you used a betting site once or twice.

This scenario will occur even if you rarely play.

Bitcoin changes the game because it keeps banks in the dark.

There is no third-party involved in cryptocurrency, so there is no easily accessible record of your transactions.

Therefore, when you use bookmaker companies and deposit Bitcoin, you effectively do so in secret.

These transactions remain off your bank statement, and you can do whatever you like with your money.

Crypto is capable of rapid price rises

There’s no question that BTC is volatile with rapid rises and falls a regular occurrence.

Even so, over a long period, there’s a chance that digital coins will offer a sizeable return on investment.

Even though the market cap of all cryptocurrencies has burst through the $1 trillion mark, this figure represents only a tiny fraction of what it could achieve.

According to Forbes, the world’s combined wealth is well above $400 trillion, meaning Bitcoin’s value has probably only started to swell.

Compare this to fiat, which seems as if it is on a death spiral.

By using Bitcoin on bookies, you could see an increase in the value of your account, regardless of how often you use it.

Full control over your money

Bitcoin doesn’t just offer better growth potential than fiat; it also enables you to take control of your money.

Without the interference of financial institutions, things open up.

Crypto is widely adopted

When the cryptocurrency market was developing, most people knew about Bitcoin and nothing else.

Nowadays, the public is familiar with a wide variety of digital currencies.

Now that crypto is firmly in the mainstream, people realize its versatility and know it has many uses outside of online playing.

A growing number of countries are embracing crypto and permitting its use, even though it still isn’t classified as legal tender.

Yet, September 2021 saw a historic event; El Salvador became the first country to allow Bitcoin as legal tender.

Realistically, other nations will follow, with Paraguay and Panama likely candidates.

The crypto shield

Bitcoin enables you to make transactions on bookmaker sites freely.

Unfortunately, it is a very different situation when you try using fiat on bookmakers.

For instance, in Britain, a regulation introduced in April 2020 caused chaos because few people knew about it.

Certain individuals made initial deposits on bookies with credit cards, but to their horror, they discovered that the bank froze their accounts.

If that wasn’t bad enough, banks took their sweet time when it came to lifting these restrictions.

At this point, banks threatened customers with further action if they tried to make any further deposits of that nature.

With BTC, you don’t have to worry about this scenario when using a reputable BTC bookmaker.

Steer clear of geo-restrictions

There are a few countries that prohibit any form of gambling.

It is extremely difficult to use a conventional bookmaker should you live in one of these locations.

This is primarily because fiat makes it easy for the authorities to uncover your illegal actions.

In contrast, it is possible to avoid scrutiny by registering on Bitcoin bookmakers once you invest in a high-quality VPN (Virtual Private Network).

VPNs create a private network connection, ensuring users can browse online privately.

Using Bitcoin on bookmakers adds another layer of protection due to the anonymous nature of digital currency.

By doing the above, you can play on any site you like, irrespective of the laws in your country.

In some cases, end-to-end crypto bookmaker websites even accept users from nations where playing with fiat or digital currency is prohibited.

Disclaimer

In outlining the above, we’re merely highlighting a loophole that one can exploit.

We are NOT advocating or encouraging any form of illegal activity.

If you get caught, the punishment could be severe.

Suppose you live in the United Arab Emirates; if you’re found guilty of gambling illegally, you could spend up to 24 months in prison.

Also, crypto bookmakers that accept users from countries where playing is illegal are seldom trustworthy.

If they find out where you live, take your funds and close your account, you’ll have to accept it.

We take no responsibility if you break the law so remember, it is your decision!

Consider this your only warning!

Get paid quickly

With conventional bookmakers, payout speeds remain incredibly slow.

The above is due to sites linking with the banking system and the accompanying red tape.

With crypto bookie websites, things aren’t the same because of far fewer regulations.

Don’t think this means a complete lack of regulation; bodies such as the Curaçao Gaming Authority do a fine job keeping things in order.

Even so, there are no bureaucratic holdups, which means you benefit from fast transactions.

In any case, Bitcoin is usually associated with superior transaction speed.

Higher Limits

The transaction limits imposed by traditional bookmakers are an issue if you’re a high roller.

While you can deposit huge sums on occasion, these sites are far less generous when it’s time for you to take your winnings.

Why? That’s simple. It’s common for bookmaker platforms to limit withdrawals.

They may even ask you for additional information to make things as hard as possible.

Also, practically every traditional bookie platform will either suspend your account or restrict how much you can play if you happen to win too often.

At this stage, you’re lucky if you can make plays worth more than a couple of bucks.

The relatively low level of regulation associated with crypto bookmakers enables them to allow more generous withdrawal limits.

Indeed, our team uncovered numerous sites with NO transaction limits!

You may also receive more freedom when it comes to being restricted for winning when you play.

Contemporary

If you search hard enough, you’ll uncover conventional sites that accept BTC.

Unfortunately, this does nothing to improve the general transaction speed, nor does it impact deposit/withdrawal limits that much.

Add in regular issues such as poor customer service, old-school design, and bonuses with major stipulations, and there’s rarely much to recommend them.

In contrast, BTC bookmaker sites are the future and provide most of the features a modern gamer is looking for.

If you want great design, genuinely helpful customer service, and worthwhile bonuses, it is time to give these crypto sites a try.

Choosing the Right Bitcoin Bookmaker: Things to Consider

Your criteria for picking the best bookmaker with Bitcoin may not be the same as the next person’s.

We understand that every reader has a different opinion on what matters, so our team investigates various features of the crypto bookmakers that we review.

The following are among the most applicable.

Does your country allow Playing with money?

Many nations still view gambling as an illegal activity.

Regrettably, people in such countries register with Bitcoin bookmakers, believing they can get away with playing.

Top-rated cryptocurrency bookmaker sites support users in the vast majority of nations where playing on sports markets or casino games is legal.

Those who look to create an account from an illegal country cannot do so.

Sadly, shady bookmakers with crypto don’t do you this courtesy and are happy to take money from anyone.

Such sites get away with it by pretending they weren’t aware that the registering party lives in a place where gambling is illegal.

Once you deposit money, however, they ask for verification details and ban you while withholding your money.

You can try to use a VPN to conceal your location if you’re desperate to play.

Legit Bitcoin bookmakers will ban you if they find out, but at least you’ll get your money back.

Even if you don’t lose money in the end though, you’ll have bigger problems if law enforcement in your country catches you!

Customer service standard

One of the essential facets of any site is its level of customer support.

If the crypto bookmaker fails in this regard, you’re left floundering if there’s a problem with your account.

Whether you have an issue with a game or a withdrawal, you’ll feel better with a trained customer service agent on the case.

Our team investigates the general standard of customer service on every site we review.

We speak to different agents on the site, analyzing their level of skill, helpfulness, and general demeanor.

Is it an end-to-end crypto Bookmaker?

Not every bookmaker platform that allows you to use Bitcoin is end-to-end, which makes a big difference.

Keep reading to learn why you could lose money by making the wrong choice.

Standard Bookie Sites

You might be delighted to find a standard bookmaker site that accepts Bitcoin, but there’s a sizeable catch.

While you can deposit with BTC, things go against you from then on.

Your digital asset becomes fiat immediately and doesn’t return to its crypto form until you withdraw your money.

In essence, at no stage do you ever have the chance to use Bitcoin on such sites.

Moreover, there are significant transaction fees involved in both instances, so you lose out again.

Consequently, end-to-end bookmakers with BTC are your only option if you’re convinced that the price of Bitcoin will increase.

The benefits of end-to-end Bookmakers With Bitcoin

As you can probably guess, end-to-end crypto bookmakers allow you to perform all transactions in digital coin form.

Your account always has a crypto balance, so you benefit if the price rises and lose out if it falls!

Also, most high-quality crypto bookies enable users to play with more than one digital coin.

Look for the following features if you plan to use end-to-end crypto sites:

  • Anonymous play

  • Quick deposits and withdrawals

  • A relative absence of transaction limits

  • Unfortunately, some bookmakers with BTC fail to provide the above, so we invite you to go through our reviews to find the ones that do.

What sports are available?

If you love sports playing, bookmakers accepting Bitcoin provide you with everything a fiat-accepting bookmaker site does and potentially more.

Whether you like golf, tennis, or eSports, these modern sites have you covered.

Additionally, there are more markets to play on than you can count, so use your BTC wisely!

When it comes to playing on sports, it is all about getting the best odds if you want to win in the long run.

We recommend checking out a few of the Bitcoin bookmakers on our list and comparing their markets.

You may eventually discover that one site consistently beats the rest.

Yet, it is also sensible to investigate the overall sports and market quantity to determine if the site is a good fit for you.

What kind of bonuses are on offer?

Bonuses remain an important feature of any bookmaker.

To properly analyze bonuses, we have created three separate subsections.

Welcome bonus

A significant proportion of Bitcoin bookmakers offer bonuses when you sign up.

Such sites work hard to convince you that they’re doing you a favor.

Especially if the site gives you a bonus worth the same as your first deposit.

Suppose you deposit $200, the crypto bookmaker site ‘rewards’ you with another $200.

Alas, it is too good to be true because of the major restrictions included.

Some Bitcoin bookmakers force you to play at least 30 times your deposit before you’re allowed to withdraw ANY money.

Let’s say you deposit $200; there’s no possibility of a withdrawal unless you make $6,000+ worth of plays.

As a result, your hard-earned $200 is as good as gone, barring a major stroke of good fortune.

With this in mind, it makes sense to investigate a site’s promotions and VIP package instead.

VIP package

Big players at casinos expect preferential treatment in the form of upgraded accommodation, sports tickets, and free meals.

While crypto bookmakers can’t replicate the above, they can implement VIP programs to ensure players return for more.

The best sites offer innovative rewards programs to loyal players.

Many sites use points reward systems where players earn a point for every dollar they spend on a site.

Once you reach 1,000 points, you receive $10 cash back with no other strings attached.

Such a program automatically rewards individuals who spend a lot of money on a bookie site.

Other VIP program perks could include special gifts and access to unique games.

Sadly, plenty of Bitcoin bookmakers fail dismally regarding their VIP offerings.

If the lack of a good program is a dealbreaker for you, read our Bitcoin bookmaker reviews to learn whether sites offer VIP packages worthy of the name.

How good are a site’s promotions?

The frequency of promotions is less important than their standard.

Daily promotions can seem like a good thing, but you’ll often find that they carry a ton of stipulations.

In truth, it is rare for standard bookmaker sites to care a great deal about promotions.

Instead, they offer bonuses with many stipulations that are almost impossible to benefit from genuinely.

In contrast, Bitcoin bookmakers understand that great promotions bring customers and keep them loyal.

The result of better rewards is a vastly improved user experience.

What payment methods are available?

Cryptocurrency bookmakers unable to provide flexibility regarding payment methods will cause frustration, irrespective of its features.

When reviewing these sites, we look into withdrawal speed and limits, along with the number of cryptocurrencies you can use.

How quick are withdrawals?

In general, if you use Bitcoin, you will benefit from incredible transaction speeds.

Certain cryptos can handle tens of thousands of transactions per second, while others can only deal with a handful in that timeframe.

The top-rated BTC bookmakers know that customers expect quick access to their cash, with some offering instant withdrawals.

You can rely on us to inform you of the sites with the best withdrawal times, as well as warning you of slow-acting sites.

How much can you withdraw at one time?

Conventional bookie platforms are notorious for implementing irritatingly low withdrawal limits.

It is standard for such sites to keep withdrawal maximums to $10,000 per week, and this is the best-case scenario!

This is infuriating if you land a big win, only to discover it takes weeks or even months to withdraw it all.

Fortunately, there are no such issues with the best Bitcoin bookmakers, as they offer generous withdrawal limits.

Indeed, we know of a few sites that don’t bother implementing a maximum limit!

Therefore, you can rest easy in the knowledge that your next huge win will be transferred in seconds!

Cryptocurrency choice

The number of digital coins available is in the thousands and growing rapidly.

Unfortunately, only a small fraction of the market has genuine growth potential.

Therefore, it is understandable for Bitcoin bookmakers to remain selective regarding the coins they allow.

Regardless, highly rated sites permit the use of BTC, ETH, and several other cryptos with mainstream exposure.

Bitcoin Bookmaker Reputation

The permanence of Bitcoin transactions is often marketed as a selling point, but there is also a downside.

All it takes is one minor error when sending crypto for you to lose it forever.

Register with a shady bookmaker accepting Bitcoin, and you can similarly wave ‘adios’ to your digital coins.

Remember, BTC is decentralized, so there is no higher authority to which you can complain

As a result, you must find as much relevant information on Bitcoin bookmakers as possible before using them.

Apart from doing your own research, read our reviews to see if you can trust the sites you’re interested in using.

We don’t just play on BTC bookmaker sites to give you our first-hand experience, we also ask real users for their opinion.

By the time we’re finished, we will tell you everything you need to know about the reputation of each site we cover.

Variety of Playing Options Offered by the Bitcoin Bookmaker

These days, bookmaker website with crypto competition is fierce, so they have no option but to excel in terms of the sports and markets on display.

Our reviewers have gauged the quality of the sports markets on offer, and you can use this information to make an informed decision on the site you choose.

Bitcoin Bookmaker Sports & Betting Markets

Sports lovers will be delighted to know that the best bookmakers with crypto cater to almost all their needs.

When reviewing bookmaker websites with BTC, we investigate the different sports and markets available, not to mention the available odds.

After all, if you fail to get the best value prices, you significantly reduce your chances of profiting in the long term.

Now, let’s look into five sports that captivate crypto site users and their best-known markets.

The best eSports markets

The electronic sports industry is no longer a niche market; it has become a global phenomenon.

Indeed, eSports attracts an audience of several hundred million fans, making it incredibly lucrative for top performers.

There are dozens of organized leagues featuring the world’s best video game players in eSports.

Popular games include Counter-Strike: Global Offensive (CS:GO) and League of Legends (LOL).

You can treat eSports as you would their traditional counterpart in betting terms with the following markets available:

  • Match lines

  • Event winner

  • Match handicap

  • First kill

  • Map totals

If you’re planning to play on esports, learning as much as possible about them is essential.

We’ve compiled a summary of five of the most popular games offered by crypto bookmakers.

Call of Duty

Often abbreviated to CoD, Call of Duty is among the world’s most popular First-Person Shooter (FPS) games.

In esports, two teams play Call of Duty and try to earn a victory in different game modes, including:

  • Hardpoint: Each team receives points for each second they’re in control of the important ‘hardpoint’ area

  • Domination: Each team aims to control three static objectives (marked by flags) and receives points for maintaining their hold of the flags

  • Search and Destroy: In this attack versus defense scenario, attackers plant and detonate bombs at one of the two available sites, while defenders must stop them

The world’s best Call of Duty players compete in a league dedicated to the game.

FIFA

FIFA Football has been a major esports game since it featured in the first edition of the World Cyber Games in 2001.

The popularity of soccer means that regional tournaments feature a huge number of players from various nations.

Successful players are allowed to participate in the Regional Playoffs, an important part of the FIFA Global Series.

Players can only control one character at a time, so AI is in charge of the rest; this is considered a problem in some quarters.

Nonetheless, with such a huge target audience, it seems likely that FIFA’s popularity will continue to grow in the esports sphere.

Rainbow Six: Siege

Released by Ubisoft in 2015, few games have captured the attention of the esports community more than Rainbow Six: Siege.

This First-Person Shooter (FPS) is played by two teams of five competitors who must defend or attack.

There are over 50 characters (also known as operators) to choose from.

However, there are many strategic considerations in choosing a character, much like in League of Legends and DOTA 2.

Unlike FPS games such as Call of Duty, one can destroy the terrain in Rainbow Six: Siege.

From a tactical perspective, it is an interesting way to achieve your objectives.

League of Legends

Riot Games is responsible for creating the League of Legends (LOL) MOBA, which it released in 2009.

In competitive LOL, each team (with five players each) tries to destroy the base (Nexus) of their opponents.

There are over 130 playable characters, each of which has unique attributes.

Players must complete challenges to enhance their character’s power if they want their team to win.

The League of Legends World Championship takes place each year with teams competing to win the Summoner’s Cup, a trophy that weighs 70 pounds!

DOTA 2

DOTA 2 allows players to select from over 100 characters and is regarded as one of the world’s best multiplayer online battle arena (MOBA) games.

Competitive DOTA 2 sticks to the “two teams with five players apiece” esports formula.

Winning at this game involves destroying the opposition’s “Ancient,” a massive structure located in the heart of their territory.

Few esports games are as widely played and watched as DOTA 2.

Each year, 30 teams qualify for The International, the world’s biggest DOTA 2 tournament.

Essential information when Playing on virtual sports

Virtual sports involve using a random number generator (RNG) to decide the outcome.

When playing on virtual sports, please note that you see the same outcome as everyone else watching.

The bookmaker with crypto is unable to fix the result because the algorithm used is entirely random.

Virtual sports markets should seem familiar as they are based on what you’ll find in real sports.

Since the ‘competitors’ never feel exhausted, Bitcoin bookmakers have the option to offer events every few minutes.

This means you have at least several hundred chances to play on any given day.

What are the most popular virtual sports to Play on?

Take your pick! Bitcoin bookmakers are well aware of the interest in this form of gambling and offer an ever-growing list of events.

These include soccer, basketball, and horse racing.

Make your play before the event starts, and watch the random outcome unfold.

Many bettors like that they can make wagers without needing to conduct research.

There are American football games every three minutes, and there is usually a five-minute duration between darts matches.

Virtual sports can prove very entertaining if you only play what you can afford to lose.

What are the most popular markets in virtual sports?

If you play on real sports, you’re probably familiar with most virtual sports markets.

You might be surprised by the range of options, even if the markets are often simplistic.

In basketball, you can play on the points total or spread, whereas the following markets are available in soccer:

  • Match winner

  • Exact score

  • Double Chance

  • First Goalscorer

  • Spread betting

Overall, those who use bookmakers with crypto to play on these events sometimes find the differences between them and real sports appealing.

Keep reading to learn more about virtual sports’ advantages and disadvantages.

Pros of virtual sports

  • There are hundreds of events every single day

  • As long as you use a reputable bookmaker with BTC, there is no chance of the event’s outcome being rigged

  • You don’t have to worry about injuries, weather conditions, or form when making plays

  • As there are events every few minutes, you never have to wait long to get involved

  • There is absolutely no skill involved whatsoever

Virtual sports disadvantages

  • Value bettors can’t get the advantage they seek due to the presence of RNGs

  • The crypto bookie website always holds an edge, usually of several percent

  • The combination of no skill and regular events means it is easy to lose large sums of money

  • Despite this niche’s growth, crypto bookmakers still don’t offer the same number of markets as they do in real sports

  • There is no contest between virtual and real sports in terms of excitement

Pros and Cons of Utilizing Bitcoin on Bookmakers

Using BTC for playing could be challenging, especially for newcomers.

Be sure to learn more about BTC, if you want to use it for playing.

More About Bitcoin

Bitcoin is digital money that operates without the control of any bank or state government.

This happens because Bitcoin transactions take advantage of peer-to-peer cryptography.

Additionally, all bitcoin transactions are kept on servers all around the globe and recorded by a public ledger.

Servers are also known as nodes and anyone with a computer can create them.

However, a consensus about who owns coins is made cryptographically across these nodes, without the inclusion of a bank or any central organization.

Every BTC transfer is streamed to the network and conveyed between nodes.

Moving on, these transactions are collected by miners and added to the blockchain.

Benefits of Using Bitcoin

Be sure to check some pros of using Bitcoin for playing.

Bitcoin is decentralized.

Hackers cannot easily access your account and banks cannot freeze it.

This happens as a result of BTC decentralization and lack of regulation.

Money and BTC transactions are fully controled by customers.

Bitcoin is safe.

If using Bitcoin for playing, there is no need to uncover personal details.

This guarantees full safety and hinders identity theft.

As soon as they are processed, Bitcoin transactions cannot be changed.

Bitcoin transfers are prompt.

BTC transfers are prompt whether you make local or international transactions.

This is the result of direct transactions from users to bookmakers and the absence of bank control.

Another reason to use BTC is that it's private

Those who use Bitcoin are not required to give private information.

It confirms that other parties won’t know who purchased BTC.

Transactions with BTC are connected with low fees.

Decentralization and the absence of regulations result in lower fees.

You will only encounter fees for faster processing or currency conversion.

Disadvantages of Using BTC

Don’t hesitate to learn more about Bitcoin playing cons.

One of the main drawbacks is BTC volatility.

Bitcoin’s price goes up and down all the time.

This is because of the limited number of BTC in the market and increased demand for them.

Bitcoin is not a great option for savings because of volatility.

Bitcoin is unpredictable.

BTC has been facing scalability problems.

Moreover, the BTC framework is incomplete.

Transactions with BTC cannot be traced.

If you make a payment to bookmaker, you don’t have to reveal personal information.

Regardless, BTC transactions remain on the blockchain and everyone can see the balance at publicly available addresses.

Many people connect Bitcoin with illegal activities, because of its anonymity.

This was an incentive for operators to introduce monitoring solutions and hinder suspicious activities with Bitcoin.

Locating Top-Rated Bitcoin Bookmakers: Concluding Thoughts

Cryptocurrency is arguably the most exciting thing ever to happen for bettors.

It often gives you a chance to play anonymously, meaning no oversight from the banking system.

While plenty of bookmakers with Bitcoin are available, the gap between the best and worst is significant.

Given that it is a nascent industry with lax oversight, there are sadly lots of shady operators.

As a result, we take a long time to examine what each cryptocurrency bookmaker has to offer.

Our reviews include vital information on a site’s bonuses, trustworthiness, customer service, and more.

In our humble opinion, crypto is the currency of the present and future, with a wide range of benefits when used on bookmaker websites.

In conclusion, we suggest that you read our Bitcoin bookmaker reviews to find the best site for your specific needs.

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Written by

Tamara T.

Tamara is an entrepreneur and content specialist. She is passionate about gambling and cryptocurrency world, having worked on different casino and crypto writing projects. Tamara is also interested in legislation, investments, and DeFi.

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