The 7 Best Bitcoin & Crypto Sports Betting Sites For Punters in 2020

The Bitcoin sports betting industry is becoming extremely competitive with hundreds of sites to choose from in 2020. 

In response to the increase in competition, online bitcoin sports gambling sites are now offering more crypto bonuses and benefits to attract more users and high rollers. 

Bitcoin betting and crypto sportsbooks have become more attractive due to fast deposits and withdrawals, low fees, and a larger selection of games that can be played using Bitcoin and altcoins. 

In this article, I will explore:

  • The best bitcoin betting sites that are the most trusted and reliable
  • The advantages of betting on Bitcoin over fiat money 
  • How to bet with bitcoin and actually get in the action by getting your first cryptocurrency
Date: 
August 20, 2020
Read time: 
6 minutes

The 7 Best Bitcoin & Crypto Sports Betting Sites For Punters in 2020

Author: Michael R.
Date: 
August 20, 2020
Read time: 
6 minutes

The Bitcoin sports betting industry is becoming extremely competitive with hundreds of sites to choose from in 2020. 

In response to the increase in competition, online bitcoin sports gambling sites are now offering more crypto bonuses and benefits to attract more users and high rollers. 

Bitcoin betting and crypto sportsbooks have become more attractive due to fast deposits and withdrawals, low fees, and a larger selection of games that can be played using Bitcoin and altcoins. 

In this article, I will explore:

  • The best bitcoin betting sites that are the most trusted and reliable
  • The advantages of betting on Bitcoin over fiat money 
  • How to bet with bitcoin and actually get in the action by getting your first cryptocurrency

The Bitcoin sports betting industry is becoming extremely competitive with hundreds of sites to choose from in 2020. 

In response to the increase in competition, online bitcoin sports gambling sites are now offering more crypto bonuses and benefits to attract more users and high rollers. 

Bitcoin betting and crypto sportsbooks have become more attractive due to fast deposits and withdrawals, low fees, and a larger selection of games that can be played using Bitcoin and altcoins. 

In this article, I will explore:

  • The best bitcoin betting sites that are the most trusted and reliable
  • The advantages of betting on Bitcoin over fiat money 
  • How to bet with bitcoin and actually get in the action by getting your first cryptocurrency

Should one have to make a personal prediction, I’d comfortably believe to see some of these growth numbers [for crypto sports betting sites] multiplied by at least two-fold by the year 2020.

The 7 Best Crypto Sports Betting Sites

Some crypto sports betting sites gaining steam are StakeSportsBet, 1xBit, BetOnline, ThunderpickFortuneJack, and Betcoin.

  Suits Best For Supported Currencies Welcome Bonus  

Stake

Stake

Worldwide (except US, UK, and AUS) BTC, ETH, LTC, and 5 more VIP Promotions Visit Stake

Sportsbet.io

Sportsbet

EU, Asia, South America, and more BTC, USD, CAD, EUR,  ETH, LTC, and more VIP Promotions Visit SportsBet

1xBit

1xBit

Worldwide (except UK and US) BTC, ETH, LTC, USDT, and 20 more Yes Visit 1xBit  Code: 1xb_13206

BetOnline.ag

BetOnline

Worldwide BTC, USD, BCH, XRP, ETH, LTC, and more Yes Visit BetOnline

Thunderpick

Thunderpick

Worldwide (except UK and US) BTC, ETH, LTC, XRP, USDT, BCH Yes Visit Thunderpick

Fortune Jack

FortuneJack

EU, Asia, South America BTC, BCH, LTC, ETH, and more Yes Visit FortuneJack

Betcoin

Betcoin

EU, Asia, and more BCH, ETH, LTC, XMR, XRP, and more Yes Visit Betcoin

While they all offer cryptocurrency sports betting, they have very different value propositions. Let’s dive in and see how they compare.

 

1. Stake

Stake is a popular option for Bitcoin and crypto sports betting for many reasons, including their neat user interface, and the variety of sports they offer. 

While they do not offer a welcome bonus, they are one of the best crypto sports betting sites around in terms of VIP perks, cashback, and bonuses.

Stake crypto sportsbook interface

Pros of Stake

  • Perfect reputation. I could find very few complaints online, and all of them were resolved promptly. Stake takes care of their customers.
  • Easy registration. Enter your username, password and email address, and you’re ready to play. 
  • Anonymous play. All accounts are anonymous on Stake.
  • Social crypto betting. They have an active public chat and forum. Also, punters can decide to make their bets public for anyone to see.
  • Depth of lines. You'll find a lot of betting options for each game.
  • Live events. 20k+ live events per month are available.
  • Perfect support. 24/7 Live support that will resolve all your problems.
  • Instant withdrawals. Really.
  • Huge VIP perks. Stake constantly launches new promotions and pours bonuses for its most active players.
  • Neat design. The design is simple and modern.
  • Exclusive casino games. Stake offers low house edges casino games of their own, which you won't find anywhere else.

Cons of Stake

  • Welcome bonus. Stake doesn't offer a welcome bonus at this time. They stay away from bonus hunters and favor regular players through their VIP program and promotions. 
  • Live streaming. No service is available yet for live streaming.
  • Geo restriction. Unavailable from the US, Australia, and the Czech Republic.

Crypto Betting Bonuses

VIP Perks and promotions. No welcome bonus.

Currencies available for deposit

BTC, ETH, LTC, BCH, DOGE, XRP, TRX, EOS

Countries 

Available worldwide, except the US, UK, Australia, and the Czech Republic.

Crypto Sportsbook Rating: 9.3/10

 

Did you know? Stake also ranks 1st in our list of the 7 Best Bitcoin Casinos.

 

2. SportsBet

SportsBet is a great sports betting site that accepts Bitcoin and many other cryptocurrencies. The only major flaw of SportsBet is that they do not allow US, Australian, or Estonian punters.

Sportsbet bitcoin sports betting site

Pros of SportsBet

  • Perfectly legal. Sportsbet does excellent from a legal standpoint.
  • Excellent reputation. You won't find online any complaint that hasn't been solved by their support. 
  • Neat design. They surely have thought a lot about it to please the players.
  • Efficient support. Sportsbet offers 24/7 live support. From my experience with it, the support agents are clearly well-trained and efficient.
  • Massive sponsorships. Sportsbet is the main partner of the following football clubs: Southampton FC (English Premier League), Watford FC (English Championship), and Flamengo (Brazil Serie A). It is also the main betting partner of Arsenal FC (English Premier League)
  • Interesting promotions. Sportsbet often comes up with fancy, exclusive promotions to keep us entertained.
  • Fiat accepted. In the event you would want to deposit fiat, Sportsbet accepts payments with Visa, Mastercard, MuchBetter, Ecopayz, Paysafecard, and more. 

Cons of SportsBet

  • Welcome bonus. Just like Stake, Sportsbet doesn't offer a welcome bonus and rather focuses on offering great promotions.
  • Not anonymous. You may have to prove your identity to withdraw your funds.
  • Geo restriction. Restricted to players from many countries.

Crypto Betting Bonuses

SportsBet runs various promotions on a regular basis. Check them out and make sure to opt-in if you want to participate.

Currencies available for deposit

BTC, USDT, ETH, LTC, XRP, TRX,  SOC, EUR, USD, CAD, INR, BRL

Countries

Available for EU, UK, Asia, South America, and India

Bitcoin Sportsbook Rating: 9.0/10

 

3. 1xBit

1xBit was launched back in 2016 and is one of the highest-rated cryptocurrency sports betting sites due to its extensive list of games, promotions, and languages.

1xBit is not only one of the best Bitcoin sports betting sites around in terms of betting options -- it’s also anonymous, and the only sports betting crypto site that accepts deposits with more than 20 cryptocurrencies.

1xBit BTC betting site

Pros of 1xBit

  • Welcome bonus. Welcome Package up to 7 BTC (Use the promo code “1xb_13206” when registering). 
  • Anonymous betting. Full anonymity is at the center of 1xBit's efforts.
  • Easy registration. One-click registration and easy account setup.
  • Range of events. Incredible number of events available to bet on, including: weather, Cristiano Ronaldo's possible coming out, nobel prizes, and many more. Anything you can bet on, 1xBit offers it.
  • Accepts 26 cryptocurrencies. That's more than any other crypto sportsbook out there I know.
  • Multicurrency accounts. You can switch accounts to play with up to 21 cryptocurrencies.
  • Multilingual. The website is available in 60 languages.
  • Solid partnerships. A lot of major brands publicly promote 1xBit, including CoinMarketCap, which shows credibility. 
  • Worldwide VPN access. 1xBit takes the position to accept players from anywhere in the world. If you're located in one of the restricted countries, you should be able to use a VPN to play on 1xBit.

Cons of 1xBit

  • Questionable reputation. 1xBit has faced numerous complaints online, which they haven't always publicly resolved. Though this can be balanced by the size of their customer base. 
  • User experience. The user interface and overall usability are way less pleasant than Sportsbet's or Stake's. 
  • Geo restriction. US and UK punters may struggle to access the platform.
  • Lack of information. It’s unclear where 1xBit operates from and whether or not they are licensed, as they choose not to disclose these details.
CryptoManiaks Tip: After you have created your account, link your email address to it. That is mandatory to recover your account if you lose your credentials. Plus, in order to claim bonuses offered by 1xBit, go to My Account / Account Settings and make sure the option “take part in bonus offers” is enabled.

Cryptocurrency Betting Bonuses 

Welcome package of up to 7BTC, available for your 4 first deposits! Read the bonus terms & conditions. Use the promo code “1xb_13206” when registering.

Currencies available for deposit

BTC, LTC, DOGE, DASH, ETH, XMR, ZEC, XEM, DGB, BTG, BCH, ETC, BTS, XVG, QTUM, STRAT, XRP, EOS, USDC, TUSD, PAX, USDT, LINK, OMG, BAT, TRX

Countries 

Officially, you can't play on 1xBit if you're located in one of these countries: Australia, South Africa, U.S. Minor Outlying Islands, U.S. Miscellaneous Pacific Islands, U.S. Virgin Islands, United Kingdom.

However, 1xBit should let you play from anywhere if your IP address shows that you are playing from one of the supported countries, which can be achieved by the use of a VPN.

Bitcoin Sportsbook Rating: 8.9/10

 

You may also like: the 13 best Bitcoin gambling sites in the world for sports, casino & poker.

 

4. BetOnline

BetOnline is one of the most popular crypto sports betting sites for US players, even though it’s accessible worldwide. Since it launched back in 2004, BetOnline has built itself a reputation for being one of the few Bitcoin sports betting sites that offer user security and full regulatory compliance of a U.S. casino.

Betonline crypto betting site

Pros of BetOnline:

  • Lots of sports and live betting are available.
  • Apart from BTC sports betting, you can deposit funds with lots of other cryptocurrencies, including BCH, XRP, ETH, LTC, and more.
  • Available in lots of countries. Although it focuses primarily on US players, BetOnline also welcomes punters from pretty much all over the world. That includes players from Canada, the UK, and many more.
  • High bonuses when betting with bitcoin.
  • Proven track record of customer support and security.
  • Many more gambling offers are available, such as poker, blackjack, and slots.
  • The customer service is available via chat and call 24/7.

Cons of BetOnline:

  • BetOnline doesn’t have the most user-friendly website out there.
  • You can’t directly bet with Bitcoin on sports, as BetOnline will convert your crypto deposits to USD -- and back when the time comes to withdraw your winnings.

Sports available: Baseball, Basketball, Football, Golf, Hockey, Soccer, Tennis, Aussie Rules, Auto Racing, Boxing, Cricket, Darts, Handball, Martial Arts, Pool, Rugby League, Rugby Union, Snooker, Futsal.

Cryptocurrency Betting Bonuses: 50% welcome bonus up to $1,000, 100% first-time crypto deposit bonus, and many more! Find more bonuses here

Countries: Almost Worldwide

Bitcoin Sportsbook Review: 8.7/10

For more insights, you can read the full review of BetOnline by my fellow CryptoManiak R.R. Hauxley.

 

5. Thunderpick

Thunderpick is a fantastic rising bitcoin sports betting site. They are extremely competitive when it comes to their eSports lines and games.

Thunderpick is quickly rolling out new features and improvements. Also, your account remains anonymous if you stick to using cryptocurrencies. 

Thunderpick crypto sportsbook

Pros of Thunderpick:

  • Fast withdrawals (average 15 minutes)
  • User-interface is great for newbies, friendly community on chat, ranks and daily rewards
  • You can deposit funds with BTC, LTC, ETH, XRP, USDT, BCH
  • You can also deposit using Visa, Mastercard, Skrill, and more.
  • You can buy their own Thundercoin cryptocurrency for use on the platform.
  • The customer service is available via chat and call 24/7.
  • Their site is available in seven languages: English, German, Russian, Turkish, Portuguese, Spanish, Chinese.
  • Up to 500 Euro deposit bonus using the code “CRYPTOMANIAKS” + 5% bonus for new users on their first deposit.  

Cons of Thunderpick:

  • No reload bonuses -- but they say they will add this feature soon.
  • Not available for residents of the US, France, Netherlands, the UK and Northern Ireland, Poland, Sweden, and Malta.

Sports available: Baseball, Basketball, Martial Arts, Football, Ice Hockey, American Football, Tennis, Volleyball, CS:GO, Dota 2, League of Legends, and more coming up.

Countries: Almost Worldwide except for: US, France, Netherlands, UK and Northern Ireland, Poland, Sweden, and Malta.

Bitcoin Sportsbook Rating: 8.5/10

 

Wanna bet on games such as CS:GO, DOTA 2, League of Legends, Overwatch, Starcraft 2, and more? Check out our list of the 5 best Bitcoin eSports betting sites.

 

6. FortuneJack

One of the first Bitcoin sports gambling sites, FortuneJack was launched in 2014 and is one of the highest-rated bitcoin sports betting websites due to its extensive list of games, offers, and support services.

FortuneJack is not only one of the best Bitcoin sportsbook around in terms of user experience and security -- it’s also one of the few sports betting crypto sites to offer transactions in multiple cryptocurrencies.

FortuneJack bitcoin betting site

Pros of FortuneJack:

  • Excellent user experience.
  • Easy account setup: only requires name, password, and email to get started.
  • 24/7 support.
  • Accepts lots of currencies, including BTC, BCH, LTC, ETH, and more.
  • Fast transaction speeds.
  • Large selection of games: Dice, Blackjack, Roulette, Poker, Video Slots.

Cons of FortuneJack:

  • Cryptocurrency deposits and withdrawals only -- no fiat support.
  • Lacks a third-party license from a recognized gambling institution.

Cryptocurrency Betting Bonuses: First deposit bonuses 110% up to 1.5BTC + 250 Free Spins on your 1st deposit, reload bonuses every week up to 3.5 BTC.

Countries:  EU, Asia, and South America -- U.K. and U.S. are restricted.

Bitcoin Sportsbook Rating: 8.2/10

 

7. Betcoin

Betcoin is a crypto sports betting website that launched in 2013. Since then, Betcoin has expanded its games and sportsbook categories to include every international sport imaginable.

Pros of Betcoin:

  • Enormous selection of sports: Football, Baseball, American Football, Tennis, Volleyball, Basketball, Rugby, Cricket, Boxing, MMA, and more.
  • Multiple cryptocurrencies accepted: BTC, BCH, DASH, ETC, ETH, LTC, XMR, and XRP.
  • VIP player program that grants a % loss back based on points earned.
  • Tons of casino games for the fans out there: Blackjack, Roulette, Slots, Baccarat, Bingo, Dice, Poker, and more.

Cons of Betcoin:

  • Cryptocurrency transactions only -- fiat deposits and withdrawals not accepted.
  • Some games are restricted to certain regions.
  • Lacks an official gambling license.
  • The website sometimes offers a poor user experience.

Cryptocurrency Betting Bonuses: First, second, and third deposit betting bonuses up to 100%, 50%, and 25% of 1 BTC + free spins.

Countries: Asia, Europe, South America, North America

Bitcoin Sportsbook Review: 8.1/10

 

Are you willing to bet on sports with Ethereum, instead? Check out the 5 best Ethereum betting sites right now

 

Selecting Your BTC Sportsbook - 6 Factors To Consider
 

Your specific location, financial situation, and other reasons may mean that the best BTC betting site may not necessarily be the best for you specifically.

You might need specific conditions to make your experience enjoyable or even possible where you live and in what financial situation you happen to be.

When determining what you’re looking for -- first think about the factors below. Write down your answers and consider each result in how it applies to you.

Which factor is more important to you, and why? 

Take time to plan and then register for your three best bitcoin betting websites. 

Experiment with them before settling on one or two -- that way you’ll be able to switch between the ones that are the most enjoyable or profitable.

 

1. Restricted Countries

The most important factor with BTC betting is if you can even use the site to gamble from where you’re located.

If you’re a U.S. based customer, then you’ve seen why your best option is BetOnline, since that’s one of the few BTC betting sites that are from the U.S.

Other betting sites that accept Bitcoin, like Stake, are better for residents of the U.K. or E.U. or other worldwide countries where Stake has legal rights to operate. 

So be sure to check that first, and then go have fun!

 

2. Reputation and Trust

After you’ve found the best bitcoin betting sites that are legal for you to play in your area, you should then look into the site's reputation.

Sportsbet and Stake, for example, are fully licensed under the laws and regulations of Curacao -- which is a country known for being gambling-friendly.

In fact, that’s the case for most crypto betting sites available for you to play online. 

Therefore, since they are all legally similar, it is very important to consider their reputation and customer care, since that’s where they may be different in ways that will affect your enjoyment and any profits you happen to win.

When looking into their reputation, ask yourself how they resolve public disputes. 

Also, consider how they communicate on public forums with their customers and what people say and write about them on and off these forums.

User review on one of the crypto sportsbooks
Source: Trustpilot

 

Of course, I already researched the reputation of each of these best crypto betting sites I listed -- so that you don’t have to do it yourself, but if you want to double-check, then please do!

You can also check if the crypto sportsbook you choose works with a 3rd party organization to control their behavior, such as an ADR (Alternative Dispute Resolution) service.

These types of services help the customer see that the site is focused on having a great reputation.

For example, Stake works with the crypto gambling foundation, a 3rd party regulator which ensures that players receive what they signed up for: fairness, responsible gaming, and privacy. 

crypto gambling foundation
Source: The Crypto Gambling Foundation

 

Lastly, take into account how long each crypto sportsbook has been operating. 

Best bitcoin betting sites that have been around for longer show that they have a good enough reputation to keep people coming back and that they care for their existing customers in a way that makes their existing customers also keep playing. 

BetOnline, for example, has been around since 2004. That’s two decades of reputation building.

The other BTC betting sites on my list have only been around since 2014 or later -- which gives BetOnline a whole decade of additional experience in customer care and reputation building.

Now, though these companies are younger, they make up for it with strong customer service and great promotions as they try to win customers and build their reputation.

 

3. Sports, Lines, and Odds Available

While most crypto sports betting sites offer similar sports, some of them offer exclusive sports to bet on. 

But, to be fair, it’s rare to find exclusive sports available for betting on any sportsbook, these days, since Bitcoin sports gambling sites know which sports people want to bet on. 

However, not all crypto sportsbooks offer the same depth of lines and odds competitiveness for each event.

Stake and Sportsbet both have a clear advantage compared to other sports betting bitcoin sites because they offer a depth of lines, competitive odds, and a great variety of sports. 

 

4. Anonymous Sports Betting With Bitcoin

Perhaps the best benefit to BTC sports betting sites is that they offer you the ability to play anonymously.

If you deposit and withdraw only in cryptocurrencies, then you’ll be able to remain anonymous to the best bitcoin sportsbooks and their reporting habits.

Remaining anonymous has the benefits of keeping you in control of your ID and identity, giving you more financial privacy, and keeping your BTC sports betting from anyone who might disapprove or prohibit you from playing. 

If these benefits sound good to you, then strongly consider Stake, 1xBit, and Betcoin -- which are all great bitcoin sports betting websites that also offer anonymous options.

 

5. Payout and Withdraw Speeds & Terms

Once you’ve selected a platform you trust to bet with cryptocurrency, make sure it has the payout speeds and terms you need when cashing out your winnings. 

Stake and Sportsbet offer super quick withdrawals. This way, if you win big, you can cash out your profits right then and there and transform them back into something stable like a stable coin or fiat. 

This helps if crypto is fluctuating, so you can cash out to fiat or stable coins without risking to lose value.

Keep in mind, though, that some bitcoin betting sites may put a cap on your maximum weekly withdrawal, monthly withdrawal, or daily too.

If that happens, and if the crypto sportsbook you chose is trustworthy, you can relax and withdraw the maximum amount allowed each week until all your winnings are withdrawn.

Do keep in mind that crypto values fluctuate often 

So if you win big and are restricted to one withdrawal a week, by the time you withdraw everything, crypto may have made it worth less (or more) than it was at the time of you winning big. 

 

6. VIP programs and Bonuses

If you’re the kind of person who enjoys a good time at a crypto betting site, then an important factor for you is to select one with a great VIP program and lots of entertaining promotions.

Stake’s VIP program is excellent. You can check for yourself how amazing their VIP program is.

Stake crypto sportsbook's VIP program

If you’re a newcomer to sports betting with bitcoin who just wants to test the waters, then 1xBit offers some of the best welcome bonuses.

Their “Welcome Package” goes as high as 7 BTC (when you register just use the promo code “1xb_13206”). They also offer cashback to their casino players. 

Also, if you prefer to use something besides BTC or ETH for crypto bets, they also accept 25 other cryptocurrencies, incl. BTC, ETH, LTC USDT, PAX, OMG, LINK, and many more.

 

How To Bet With Bitcoin

To start betting with Bitcoin, follow these 4 steps. 

  1. Find some trustworthy sports betting sites that accept Bitcoin.
  2. Find a reputable and gambling-friendly cryptocurrency exchange (list below). 
  3. Buy some Bitcoin and send it over to your best bitcoin sportsbook. 
  4. Enjoy, and bet with Bitcoin!

Note that some crypto betting sites offer to buy Bitcoin and other cryptocurrencies directly from their platforms. 

That’s the case of Stake, for instance. 

Stake's Buy Crypto option

If your favorite BTC betting site does not offer this option, here are the best options to buy Bitcoin today.

  Suits Best For Deposit Methods Competitive Advantage  
Coinbase worldwide icon Bank Transfer, Credit Card Deposit $100, Get $10 Free Go To Coinbase
Kraken worldwide icon Bank Transfer, Credit Card Great customer service Go to Kraken

For more information about each of these options, visit this page.

Once you have Bitcoin, you need to become comfortable storing, sending, and receiving your Bitcoin, and more.

Here are some awesome resources to get started:

 

The Recent Growth of Bitcoin Sports Gambling

Bitcoin sports betting sites have flooded the market during the last 5 years, adding to the exponential growth of the industry as a whole.

Some staggering statistics were published, documenting some thought-provoking numbers across the Bitcoin sports gambling industry as a whole.

These statistics complement the underlying potential of the rapidly growing cryptocurrency sports betting platforms.

 

How Much Is Bitcoin Betting Expected to Grow?

Should one have to make a personal prediction, I’d comfortably believe to see some of these numbers multiplied by at least two-fold by the year 2020.

Bitcoin has already proven to be a chosen currency to be used with most platforms offering slot games and online table games as their primary income, and it seems that sports betting is following these trends closely.

 

Why Do Gamblers Love Bitcoin Sports Betting?

As a result of tiresome hours and draining nights in front of their respective machines, blockchain and cryptocurrency developers have blessed gambling enthusiasts with amazing incentives to participate in cryptocurrency sports betting.

This is why the number of Bitcoin sports betting sites is growing each year.

 

1. Fast Deposits and Withdrawals 

Cryptocurrencies are meant to be decentralized digital cash. This means that the gambler and crypto sports betting site interact directly, with no intermediary between them.

With cryptocurrency, users send their bets directly from their personal wallets to the casino’s wallet quickly and cheaply. When the time comes for them to claim their winnings, withdrawals can be done quickly as well.

Some sites even have automated payouts, directly back to the user’s wallet.

 

2. Lower Fees

Cryptocurrency allows for fewer fees -- simple as that. When transferring Bitcoin or other cryptocurrencies to sports betting sites or sending Bitcoin to a friend, fees are negligible.

average transaction fees of cryptocurrencies

 

3. Accessibility

Being one of the toughest regulatory industries, gamblers have frequently experienced the passing of laws impacting the accessibility of gambling facilities on a global scale, whether physical or digital. This is especially true for U.S. customers.

With Bitcoin, many users have been able to surpass local gambling laws due to weak know-your-customer (KYC) requirements of early cryptocurrency days. This was the result of under-regulation.

Now, there are fully anonymous gambling sites like 1xBit and Stake which are still accessible via a discrete VPN service from anywhere in the world.

 

4. Anonymity

Discretion is one of the most appreciated characteristics offered by Bitcoin sports betting platforms who prioritize anonymity as a unique selling point.

For the undercover gambler, the ability to lock in a bet without declaring their name and address is a dream come true - not to mention how this ties into my earlier point raised about accessibility worldwide.

Source: Ofir's YouTube Channel
 

Due to looser KYC groundwork in the world of sports betting cryptocurrency, enthusiasts are likely to gravitate towards the new generation platforms like 1xBit and Stake offering a higher level of privacy for their users.

 

What’s Your Best Bitcoin Sportsbook?

That’s it! Those are my deeply researched and vetted bitcoin betting sites.

They should cover all the major countries you might be from, risk tolerances, options (such as anonymity), reputation, and other factors that will affect your safety and enjoyment of bitcoin betting. 

So which ones made the top of your list? Are there any from this list that you might have your eye on? It’s time to try them out!

What do you think about my 7 best crypto betting sites? Have you tried one (or many) of them? 

Let me know in the comments!

 

More Awesome Resources:

 

FAQ

Is it safe to place sports bets with crypto?

Yes. Placing bets with crypto is the same as placing bets with fiat funds. Most sports bet sights even convert the value of your crypto into fiat so that when you place bets you’re placing in the current fiat value. 

These sites will use crypto mainly for deposits and withdrawals. That’s where you need to be careful and always double-check the address you are sending and receiving from -- since crypto transactions cannot be reversed.

Is it legal to place sports bets with crypto?

Yes. Placing sports bets with crypto is no different from placing sports bets with fiat funds. If it’s legal for you to place sports bets with fiat in your country, then it will be legal to place sports bets with crypto too.

Cryptocurrencies are simply another funding source.

How to place bitcoin sports bets?

Easy: find a site where you can legally play. Deposit your funds while double-checking the address. Then, after you win, withdraw your funds to the crypto address of your choice -- again making sure to double-check the address so your funds aren’t lost.

How to choose the right crypto sportsbooks?

The right crypto sportsbook for you must allow you to play there legally. After that, it’s a matter of choosing one that meets your needs: do they allow deposits and withdrawals in the crypto you prefer? Do they have the bonuses and VIP levels to keep you playing? Are there withdrawal limits within your needs?

Why do gamblers love crypto sports betting?

Betting on sports with crypto allows punters to move their funds into the site and off the site with greater speed, lower costs, and often with more bonuses too. Just make sure to double-check the crypto address so you don’t lose your funds to human error.

Posted by Michael R.

Michael is an entrepreneur who has been deeply involved in the cryptocurrency industry since early 2014. He joined Cryptomaniaks as a cryptoanalyst, helping to create accurate and digestible content.

Comments

Tamerlan
Hello, dear mr. Mischael First of all, what is the most significant factor that influences the rates of crypto currencies? Secondly, in virtue of which methods it is possible to persuade people in crypto currencies' necessity? Thirdly, will the crypto currencies become irreplaceable in future? Thank you very much for your patience and time! Sincerely, Tamerlan.
Michael Rosenblat
Hi Tamerlan, 1. Realistically, Bitcoin price action is the biggest influence and catalyst for defining the trend of the market. 2. It's not about persuading, just spreading quality information. It may not be for everyone. 3. Irreplaceable is a broad concept. Just like any other technology, always be aware of competing DLT technologies and innovations happening in the space. I recommend following some talks by the Bitcoin Core guys, they have some valuable information. Same goes for Andreas Antonopoulos. Thanks, Mike
Niketa Sharma
Today’s world placing the bet using blockchain for Sports Betting Website. I appreciate your blog and thanks for sharing the informative content.
Michael Rosenblat
Thanks!
Fernando August...
Crypto gambling investors please. Many thanks, Fernando
Milos
Hey Fernando, we've made an article on bitcoin gambling sites if that interests you https://cryptomaniaks.com/bitcoin-gambling-sites. Thanks for stopping by!

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