Top Crypto & Bitcoin Sports Betting Websites (2025 Ranking)

Our team of crypto sports betting experts have sifted through hundreds of online Bitcoin sportsbooks to bring you our recommended list of the ten very best. We think that our chosen sportsbooks are the best options as they meet a number of key criteria, including outstanding and innovative sports betting options, a wide range of crypto deposit options, lucrative promotions, proven safety and security plus more.

We feel that our highest rated crypto sportsbook, in particular, excelled at each of these metrics, so to find out what it is and join up, head straight down to our list of the best Bitcoin sports betting sites below.

Best Crypto Sports Betting Sites Ranked

Reviews of the Best BTC Sportsbooks

Selecting a BTC Sportsbook – Factors to Consider

If you’re going to trust out list of the best crypto sports betting sites, it’s important to understand our ranking methodology. These are the factors that we consider when choosing a BTC sportsbook, and the things that you should look out for too:

Range of Betting Options

You are joining a sportsbook to wager on sports and related events, therefore the first and most important check should be the quality of the sportsbook to ensure that you can actually bet on what you want to.

A crypto sportsbook should offer a wide range of sports and leagues to keep things interesting. The sportsbooks should cover every major sport, including football, basketball, soccer, baseball, hockey, golf, tennis, racing and eSports. However, we also look for alternate sports such as cricket, motorsport and combat sports in addition to non-sport related betting opportunities such as politics, TV and novelty events.

Once we establish the range of sports and events, we look at the markets on offer. A great sportsbook should offer a huge range of betting options both pre-event and live, including traditional markets such as the moneyline, spread and totals, prop bets and futures.

Sportsbook Promotions and Bonuses

Before choosing a BTC sportsbook, check the promotions and bonuses on offer to new and existing customers. Sportsbooks retain an edge over bettors in their betting markets but by taking advantage of promotions, you can level the playing field and boost your betting balance, often with little or no financial outlay.

Most sites offer welcome bonuses, typically matched deposit offers. Look for the biggest welcome bonuses but be sure to review the terms, including wagering requirements and time limits, to ensure that they are fair and achievable.

Beyond welcome offers, we also look for promotions like free bets, cashback, no-deposit bonuses, and odds boosters. It’s worth exploring the promo pages to learn which promotions are live at that time.

Also, consider loyalty and VIP programs if you plan to stick with one site. These programs offer perks like higher cashback, daily free bets, level-up bonuses, dedicated VIP managers and faster withdrawals to bettors who turnover a specified amount.

Early Betting Lines and Generous Odds

As with promotions, considering how competitive a sportsbook’s odds are in comparison to their competitors can make all the difference to your balance in the long run. Backing a selection at slightly higher odds in a single selection may not seem too profound but, in the long term it will add up.

We compare odds on high level sporting events to ensure that they are at least on par with the rest of the industry and ideally are bigger. If they go up early with lines as well, that can also offer you a chance to claim value prices.

This also ties into the promotions but you should also look for odds boost. Some BTC sportsbooks offer daily boosters on select events, increasing potential winnings. The more boosters available, the better your chances of maximizing profits. Just ensure that you don’t back an odds boost for the sake of it, and only if you think that selection will actually win.

Cryptocurrency Deposit and Withdrawal Options

If you’re visiting our page on crypto sportsbooks, you’re doing so because you want to bet with crypto and, therefore, a wide selection of crypto options that are fast, fee-free and anonymous is vital to allowing you flexibility with your transactions.

Our first check at any crypto sports betting site is whether they accept Bitcoin, and most do, but it’s also worth checking which altcoins are accepted. If the sportsbook also allows you to deposit and withdraw in Ethereum, Litecoin, Bitcoin Cash, Tether, Dogecoin, Toncoin and Shiba Inu, among others, that gives you a range of options.

Also, review the sportsbook’s T&Cs to ensure fast processing times and fees. Deposits and withdrawals should be near-instant or completed within an hour and should not incur charges.

Live Betting & Live Streaming

The ability to be able to bet in-play as well as pre-game is vital to the modern bettor and we look for it as we want players to have the flexibility to wager on a game in real time, as it unfolds. We expect every sportsbook on our list to offer live betting and bonus points are handed out for strong coverage.

Live betting is a key feature of BTC sportsbooks, offering dynamic markets and competitive odds. Check the site’s live betting section to see the available options at any given time.

Although not every crypto sportsbook will offer it, we like to see live streaming available where possible, giving bettors the chance to actually watch the games take place while they are betting on them, further informing their betting strategy.

Modern Betting Features

We like our Bitcoin sportsbooks to include all modern betting features that are offered by fiat alternatives to ensure that bettors have a completely rounded betting experience.

Modern crypto sportsbooks should offer advanced features like prop builders, allowing you to create same-game parlays or custom prop bets based on player or team stats.

Another useful feature is cash-out, letting you secure winnings early or minimize losses before a game ends. These tools enhance betting flexibility and strategy.

News And Betting Tips Resources

Modern sportsbooks are increasingly becoming hubs for different types of media and social interaction, rather than just being a place to strike a wager as was traditional. As such, we look for additional betting resources that will add value to your membership and potentially enhance your betting strategy.

One such example of this is sports news sections covering major events, trades, and injuries to inform your bets. We also like to look for stats and similar betting resources that remove the need for you to research your bets on external websites.

Some crypto betting sites also feature in-house tipsters who provide weekly articles analyzing odds and highlighting valuable betting markets, offering useful insights for upcoming games.

Security and Anonymity

One concern that we find people have when joining a crypto sportsbook is whether their funds and personal details will be secure. As such we regard safety, security and anonymity as paramount and won’t recommend any betting site that we feel is unsafe or has a poor reputation.

We’re very confident that our BTC sportsbooks offer secure crypto transactions, but you should also check for valid gambling licenses from authorities like the Curacao eGaming Board.

Ensure the site uses SSL encryption to protect your data and look for extra security features like two-factor authentication for safer logins.

We scrutinize the safety of these sites before including them on our list and also research user reviews across the internet for first hand feedback on whether there are any causes for concern.

Customer Support & User Experience

User experience is crucial on BTC sportsbooks as a difficult to navigate site will frustrate you in the long term and potentially make it hard to find your desired bet. Also, we want to see a site with responsive customer service that handles any queries quickly.

Ensure the site is easy to navigate across both desktop and mobile, is quick, functional and attractively laid out.

If there’s no mobile app, the mobile site should still be fully functional, with access to features like live betting, streaming, and cashouts.

Good customer support is essential. Check for 24/7 availability via live chat, email, phone, or social media, and test response times for reliability. We also look for informative FAQ sections and Telegram channels.

How To Sign Up to a Crypto Sportsbook Bet With Bitcoin

To start betting online with Bitcoin or an altcoin at one of our recommended crypto sportsbooks, there are two stages that you’ll need to go through. The first is to purchase an amount of your desired crypto and deposit it within a gambling friendly wallet. The second process is joining a crypto sportsbook, claiming your bonus, transferring the funds from your wallet to your betting account and placing a bet. We’ll walk you through both processes in this section.

Buying Crypto With a Gambling Friendly Wallet

1. Choose a crypto wallet that supports popular cryptocurrencies like Bitcoin, Ethereum, or Litecoin, and ensures compatibility with sportsbooks.
2. Download and install the wallet app, then create a new wallet by setting a strong password and securely storing the recovery phrase.
3. Verify that the wallet supports the crypto required by your sportsbook, checking its supported currencies and transfer features.
4. Link your wallet to a payment method (like a bank account, credit card, or peer-to-peer exchange) and purchase the cryptocurrency of your choice.
5. Deposit funds into your wallet, ensuring the transaction is successful and your balance is updated.

Joining a Crypto Sportsbook

1. Find a trusted crypto betting site, either from our recommendations or through your own research, ensuring it accepts your preferred cryptocurrency and offers a secure platform.
2. Visit the sportsbook’s homepage and click the ‘Join’ or ‘Sign Up’ button, usually located in the top right corner. Fill out the registration form with a unique username, strong password, and any additional required details.
3. Check for any welcome bonuses or promotions for new users, such as free bets or deposit matches, and follow the instructions to claim your bonus.
4. Choose a reputable cryptocurrency exchange, such as those on our recommended list. Register an account, complete any necessary identity verification, and buy Bitcoin or your preferred cryptocurrency.
5. Log in to your sportsbook account, navigate to the deposit section, select your cryptocurrency (e.g., Bitcoin), copy the deposit address, and send your crypto from your wallet to the sportsbook using the provided address.
6. Once the deposit is confirmed on the blockchain and your funds appear in your sportsbook account, you’re ready to place your bets and enjoy the action!

You should note as well that some crypto betting sites provide the option to buy Bitcoin and other cryptocurrencies directly from their platforms which can reduce the number of steps that you need to take.

Best Gambling-Friendly Crypto Wallets to Consider

Recommending a gambling-friendly crypto wallet can be tricky due to the fact that each has their own licensing restrictions which means they aren’t all available in every country. However, in this section we’ll recommend a few

Coinbase

Coinbase Wallet is a solid option for those looking for a user-friendly crypto wallet, especially for beginners in online gambling. It’s available on both iOS and Android, making it easy to use on the go.

One of its biggest strengths is its integration with Coinbase, allowing users to seamlessly transfer funds between their Coinbase accounts and wallets. The wallet supports a wide variety of digital assets, including Bitcoin, Ethereum, and various ERC-20 tokens, providing flexibility for online betting.

With strong security features and a simple interface, Coinbase Wallet is an ideal starting point for those new to crypto casinos. Its ease of use and trusted reputation make it a reliable choice for mobile gambling.

Trust Wallet

Trust Wallet is a versatile, mobile-friendly wallet ideal for crypto gamblers. Supporting over 100 blockchains and millions of cryptocurrencies, including Bitcoin, Solana, and Dogecoin, it allows users to easily manage and swap assets for online betting.

Its simple, intuitive interface makes it easy for both beginners and experienced users to navigate. Trust Wallet is a self-custody solution, meaning you control your private keys, and it offers features like staking and built-in token swaps.

While security is strong with PINs and encrypted keys, the lack of two-factor authentication may be a downside for some. There are also high fees for buying crypto via Visa or MasterCard, and KYC is required.

Overall, Trust Wallet is a solid, flexible option for crypto bettors.

MetaMask

MetaMask is a top choice for sports bettors who want to use Ethereum or ERC-20 tokens, like USDT and SHIB, for their wagers.

With over 100 million users globally, it’s a trusted wallet known for its simplicity and efficiency, especially when it comes to online gambling. The wallet works seamlessly as a browser extension, making it ideal for bettors who prefer using a laptop or PC. It also offers a mobile app for those who want to gamble on the go.

While it doesn’t support Bitcoin or Solana, MetaMask does allow for easy integration with multiple other blockchain networks like BNB Chain and Polygon. It provides a high level of security, with private keys stored only on the user’s device, ensuring both privacy and protection of funds.

While MetaMask is free to use, players will still need to cover network fees when making deposits or transactions.

Exodus

Exodus is an excellent option for sports bettors who want to manage multiple cryptocurrencies with ease. With support for over 100 digital currencies and integration across 16 networks, it’s perfect for bettors who use various tokens on different gambling platforms.

One of Exodus’s standout features is its built-in exchange, which allows users to seamlessly swap currencies without needing a third-party service. This is particularly useful for bettors who need to quickly adjust their crypto holdings to meet the requirements of different sites.

The wallet is available on both desktop and mobile, ensuring a consistent experience across devices. Exodus also emphasizes security, offering self-custody with encrypted private keys stored locally.

Whether you’re new to crypto gambling or an experienced bettor, Exodus’s intuitive interface and versatility make it a great choice.

Most Popular Sports and Events to Bet on at Crypto Sportsbooks

Now it’s time to take a look at some of the most popular sports that you can bet on at crypto sports betting sites, in addition to the biggest leagues, competitions, events and markets within each.

Football

Football is the biggest sport in the US by some distance, with millions of fans watching the NFL regular season, which culminates in the action-packed Super Bowl finale.

The NFL is, of course, the most popular competition, with extensive interest in the regular season, the playoffs, and the Super Bowl. However, top BTC sportsbooks will also cover NCAA football as well. College football is huge in the US and throws up some impressive matchups every year. You can also look for international leagues such as the CFL.

In terms of football betting options, traditional markets like moneyline, spread and over/under remain the most popular but there are also a huge range of prop bets available. You can bet on everything from how many yards a quarterback will throw to over/under total team rushing yards, exact scores, team to be leading by halftime, over/under touchdowns thrown, and more.

Also, the Super Bowl provides some prop betting opportunities that are completely unique in the world of sports betting.

Biggest Football Events to Bet On

• NFL Regular Season
• NFL Playoffs
• Super Bowl
• NCAA
• CFL

Basketball

Based on viewership, the NBA is not far behind the NFL and is an extremely popular sport to wager on owing the huge and regular number of matches. Plus, the NBA finals usually attract some of the biggest bets on top BTC sportsbooks. That said, the regular season is also a great place to test your mettle.

In addition, crypto sportsbooks also cover plenty of other basketball leagues, like the EuroLeague which is the second biggest league in the world behind the NBA.

You can also bet on NCAA basketball games during the year too. March Madness is one of the most exciting tournaments as all the best universities in the US battle to take home college basketball’s biggest crown.

Just like football, basketball has plenty of betting markets to choose from, including the typical game lines. The prop markets are where the fun lies, however, as you can bet on things like over/under total scores, halftime scores, whether a certain player will score more than a certain number of three-pointers and more.

Biggest Basketball Events to Bet On

• NBA Regular Season
• NBA Finals
• NCAA
• March Madness
• EuroLeague

Soccer

Soccer remains the biggest sport in the world globally and has a huge betting following. Of course it has traditionally been the most popular sport in Europe, South America and Africa but it has been reported that the popularity of soccer in the US is soaring year upon year too.

You can expect to bet on some the biggest international leagues and cup competitions, such as the English Premier League, Bundesliga, Serie A, La Liga, MLS and more. The biggest cup competitions include the UEFA Champions League, World Cup, Copa America, and the European Championships.

You can pick and choose from plenty of markets for soccer betting, like betting on the correct score, the first team to score, goalscorer markets, over/under on the number of shots, number of goals and number of corners. Though the match winner market remains, by a considerable distance, the most popular and easier to understand.

The top BTC sportsbooks always have a ton of soccer betting markets for both pre-match and live betting available and it is a sport that lends itself perfectly to Bet Builders too, which themselves have gained huge traction in recent years.

Biggest Soccer Events to Bet On

• Premier League
• La Liga
• MLS
• World Cup
• European Championships
• Champions League

Baseball

When it comes to baseball betting, there are big international leagues in Korea, Japan, Mexico, and Cuba that you can bet on, but the pinnacle is the MLB, culminating in the World Series. A staggering number of games are played during the regular MLB season, which means that you are never short of options.

Futures betting in the MLB allows you to wager on the end of season result but you can also bet on game markets such as the run line, which is essentially spread betting for baseball. You can also bet on team totals, like the number of runs scored or the number of strikes thrown. Additionally, you will also find plenty of props to choose from for players and teams.

Biggest Baseball Events to Bet On

• MLB Regular Season
• MLB Post Season
• MLB World Series
• Nippon Professional Baseball (NPB)
• Korean Baseball Organization (KBO)

Hockey

Like basketball, there are plenty of globally recognised hockey league to wager on but the NHL is where all the best players from around the world ultimately play, creating one of the most competitive leagues in the world. Like other US sports, the NHL has a good number of games during the season to keep you entertained.

The Stanley Cup is the NHL’s equivalent of the Super Bowl or World Series. The games are always exciting, and BTC sportsbooks generally run some kind of promo alongside the match or, at the very least, offer a few odds boosters to bump up your bets. Outside of the Stanley Cup, Olympic hockey betting is also fantastic as the bigger nations like the US, Canada, and Russia battle it out to take home the gold.

As far as your market selection goes for ice hockey, the puck line is perhaps the biggest market, which is what the spread is referred to as. You can also do period betting, where you can bet on certain outcomes happening by the end of each period, like over/under on the score, correct scores and players scoring a certain number of goals.

Biggest Hockey Events to Bet On

• NHL Regular Season
• Stanley Cup
• Kontinental Hockey League (KHL)
• Swedish Hockey League (SHL)
• Liiga

Golf

Golf has plenty of events you can bet on weekly, from the European Tour to the PGA Tour and even the controversial LIV Golf.

There are a few golf events that stand tall above all others, however. These include the majors, such as the PGA Championship, the US Open, the British Open, and the Masters. The Masters is a particularly well-loved event, with its rich history in Georgia.

With most regular golf tournaments, the outright winner (including an each way option) is the biggest market but there are options to bet on the round leader, to miss the cup and individual player performance markets.

You can also bet on the Players Championship, often dubbed the fifth major, and every two years you can wager on the Ryder Cup.

The Ryder Cup is fairly unique on the golf calendar as it is a team event that sees the USA take on Team Europe. There are plenty of different betting markets to the average golf tournament as you can bet on the 1 v 1 games or the 2 v 2 foursomes which means there is a lot more room for straight moneyline betting.

Biggest Golf Events to Bet On

• The Masters
• The Open
• The PGA Championship
• The US Open
• Players Championship
• Ryder Cup

Tennis

Tennis is a great betting option because, much like golf, tournaments take place every week. Between the ATP and WTA, you can bet on 250, 500, and 1,000 events. Most BTC sportsbooks will also cover the ITF and Challenger Tour events as well.

The biggest tennis events include the grand slams, such as the Australian Open, the French Open (Roland Garros), Wimbledon, and the US Open.

Tennis betting markets are diverse. You can bet on futures like who you think will win a grand slam or game markets like the moneyline or correct set score. In addition, you can also bet on over/under the number of aces in a set or match, over/under the number of winners, spreads on the final score and much more.

Biggest Tennis Events to Bet On

• Wimbledon
• US Open
• Australian Open
• French Open

eSports

eSports betting has surges in popularity in the last few years. There are certain games that stand out as the best options for betting, like Valorant, Dota 2, CS2, and League of Legends, but you can also bet on games like Fifa, Fortnite, Call of Duty and Rocket League.

Each game has huge events that you can bet on, but there are events that stand head and shoulders above the rest. For example, in Dota 2, they have The International, which is still the eSport event with the biggest prize pool. Then there is the LoL Worlds, which is similar to the International and is also watched by plenty of people.

The markets you can bet on for eSports vary greatly from game to game. For example, other than moneyline betting, the markets for a game like CS2 and FIFA will hardly be the same.

Biggest eSports Events to Bet On

• The International
• League of Legends Worlds
• ESL ONE
• IEM Cologne

Other Sports

We’ve only talked in detail about some of the biggest sports but there are a huge number of options beside these, including boxing, MMA, motorsport, snooker, darts, cricket, surfing, volleyball, politics and much more.

Biggest Events to Bet On in Other Sports

• UFC Title Fights
• World Boxing Title Fights
• F1 Drivers Championship
• Cricket World Cup
• Snooker World Championships
• PDC Darts World Championships
• US Election
• Tour de France
• Grand National
• Olympics

Types of Crypto Betting Markets

Although certain sports do offer completely unique betting opportunities, the majority of betting markets are common across multiple sports, even if they might be named slightly differently. In this section we’ll walk you through some of the common betting markets that you can expect to encounter at crypto sportsbooks.

Moneyline

The most popular betting market is the moneyline as it is the simplest to understand and, potentially, also the easiest to research.

The moneyline simply asks you to predict who will win a sporting event. In some sports it is as simple as picking between the different teams or players or in some sports, such as soccer, you can also bet on the tie/draw.

There are alternate versions of the moneyline as well that can be applied to specific periods of a game, such as the win a quarter, win a game or win a half. It’s the ideal betting market for beginners.

Spread

The spread, also known as the handicap, is similar to the moneyline in that it asks you to pick who will win a sporting event. However, the twist is that a theoretical handicap is applied to each of the teams to make the contest, in principle, even between two mismatched teams.

Let’s take a soccer game as an example. If Team A are heavy favorites to beat Team B but you want to support them, you might find that the odds on Team A winning on the moneyline are too short for it to be worthwhile. This is where the spread comes into play.

The crypto sportsbooks might apply a handicap of -1.5 goals to Team A, and +1.5 goals to team B, effectively giving the underdogs a head-start.

The reasons for the half point line, rather than just being a whole number, is that it eliminates the possibility of a draw. So in this example, because Team A are starting with a -1.5 goal deficit, they need to win the match by two clear goals to overcome it and win the bet.

However, if Team B lose a single goal, tie the game or even win it, they will win the spread instead.

Totals

If you’re not sure who will win a sporting event but have an opinion on whether it will be high or low scoring, the totals market, also known as over/under, could be the market for you.

It can work in a number of ways but typically will relate to the number of goals or points scored in the game by both teams combined. Once again it tends to operate with half point lines to eliminate the possibility of a tie.

So, in an NFL game, the total points line might be over/under 34.5 points. If the two teams combine to score 35 or more points, the overs side of the bet will win. If there are 34 or fewer points, the unders side wins.

The lines vary greatly from sport to sport, with higher scoring sports such as football or basketball having high lines, whereas soccer and hockey have lower ones.

In sports such as tennis, you have the option of betting on over/under lines on the number of sets or even the total games within the match.

You can also bet on period specific totals lines, such as the number of points in a specific quarter or half.

Props

Prop betting is an umbrella term to describe every betting opportunity which doesn’t directly relate to the outcome of a game. It features a huge range of different betting opportunities.

Game props allow bettors the chance to wager on specific events happening within a sporting contest such the method of the first scoring play or will a specific in-game event take place.

Alternatively, there are also a huge number of player and team props that ask you to wager on performance metrics or events relating to those specific things. An example of this in football would be the total number of sacks on a quarterback or the total number of running yards that a team will achieve.

Football is synonymous with prop betting, particularly due to the range of completely unique prop betting opportunities available at the Super Bowl, where you can bet on the national anthem, the half-time show, the color of Gatorade poured on the winning coach and many more fun Super Bowl prop bets.

Outright Winner

The outright winner market is typically a type of futures bet, which we’ll come onto in a moment, but it warrants it’s own description as there are certain sports where it is the key betting market.

In any sport where there are more than two opponents within the contest, such as golf, horse racing, motor sport or cycling, the outright winner simply asks you to predict who the eventual winner will be. So it can be compared to the moneyline in that regard, just in a wider field of competitors.

Of course with more competitors, it becomes harder to identify the winner but that also reflects in the odds, with potentially huge odds available on the underdogs. In sports such as golf and cycling, where events last a long time, the outright winner market will be available both pre-event and in play.

Another key aspect of the outright winner is the ability to place each way bets. These bets effectively double your stake but give you two different bets in one. The first part of the bet is simply on your chosen competitor to win the contest. The second part is called the ‘place’ which gives you a return if your pick finishes within a set number of positions on the leaderboard at reduced odds.

For example, if you pick a golfer to win The Masters at 80/1, you might choose to back them each way with place terms of 1/5 of your odds if they finish within the top 8 of the field.

In this instance, if the player wins, you would win the place part of your bet at 80/1. You would also win the place part of your bet, which is 1/5 of those odds, 16/1, meaning that you win twice. However, if the player finishes between second to eighth, you would lose the win part of the bet but still win the place part, ensuring that you are still in profit.

Each way betting can be extremely lucrative if you can identify high-priced players that you think will perform well, even if they don’t win. Be sure to check different sportsbooks as each offers different place terms, some even offer more places.

Futures

Futures betting markets ask to bet on the outcome of entire competitions in advance, rather than specific games.

The outright winner market, which we have discussed above, is the most popular example and might ask you to name the winner of a league, such as the Premier League, or in sports with playoffs, such as the NFL, who will win the Super Bowl. You can also make it more specific by betting on who will win conferences.

There are other types of Super Bowl bets though such as the ‘name the finalists’ market which asks you to predict which two teams will appear in the end of season game, who will win the season MVP award, who will be top scorer and much more.

Are Crypto Sportsbooks Legal?

Crypto betting sites can be said to operate in something of a legal gray area, owing to their unique licensing, and the question of their legality typically ties into your location and the status of your local gambling laws.

Nobody has yet been prosecuted for joining and betting at a Bitcoin sportsbook but you may find that if you are based in a location which prohibits online betting, you may require the usage of a VPN to access the site. However, the ability to access these sportsbooks through a VPN is one of their key advantages, especially as, unlike fiat sportsbooks, the registration requirements are typically less stringent in terms of verifying your location and additional KYC checks.

As mentioned, the legality of betting in general does depend on your location and in some countries it differs from area to area. In the US and Canada, for example, gambling laws vary across different states and provinces, so be sure to check those restrictions and then make a judgment call. If you feel concerned, ensure that you use a VPN to protect your location.

If you are within the US, we recommend checking the American Gaming Association’s interactive state by state gambling map to quickly discover the legality of betting in your location, in addition to other useful information.

Crypto Betting Odds Explained

Depending on which crypto sportsbook you join and which location you are based, you may encounter different odds types, which can be confusing for first time bettors. However, in this section we’ll explain how to read them and how to work out your return.

Fractional Odds

Most popular in the UK, fractional odds effectively show a ratio between the chances of the selection winning and losing. The numerator (the top part of the fraction) represents the number of times that selection will lose and the denominator represents the number of times that the selection will win out of the combined value of both added together. Confused? Let’s give you an example.

If you see odds of 6/4, you begin by adding both numbers together to make 10. You can then say that because the numerator is six, the selection will lose times out of ten and win four times out of ten. However, if the odds are 4/6, it is reversed and the bet will win six times out of ten, or 60% of the time, losing the remaining four.

Therefore, if the numerator is greater than the denominator, the bet is more likely to lose than win and the opposite is true if it is the other way round.

To calculate the percentage chance of fractional odds winning, you must use the equation of denominator / (denominator + numerator) x 100.

Let’s apply that to a genuine fractional odds example of 8/13. If you put those numbers into the equation you will see:

13 / (13 + 8) x 100 = 61.9%

Calculating the return of fractional odds is simple. The numerator is the potential profit that you will receive if you stake the denominator. So, if the price is 3/1, you will receive 3 units of profit for every 1 unit you stake, should the bet win.

However, keep in mind that you are only calculating the profit here. As you also will receive your stake back, you will have to also add that onto the profit return. So, one unit bet at 3/1 yields a profit of three units, plus a single unit stake, meaning a total return of four units.

Decimal Odds

Primarily used across Europe, decimal odds are far easier to understand and calculate than fractional odds. It is as simple as multiplying your stake by the odds to calculate your potential return.

If the decimal odds are 2.5 and your stake is 7 units, then you simply multiply 2.5 x 7 for a return of 17.5. This includes your stake, so if you want to know the profit part only, simply deduct your stake of 7 from that total to see a profit of 10.5.

US Odds

US odds possibility to most complicated on paper to novice bettors as the method of calculating them differs based on whether there is a greater or lesser chance than 50% of the bet winning. However, once you understand them they are quite simple.

US Odds can be represented as either positive (+) or negative (-) numbers.

• Positive odds (+): These indicate how much profit you make on a $100 bet. For example, +200 means you could win $200 on a $100 bet if your pick wins.
• Negative odds (-): These indicate how much you need to bet to win $100. For example, -150 means you need to wager $150 to make $100 in profit.

Example 1: Positive odds (+200). If you bet $100 at +200 odds, you would win $200 in profit if your bet is successful, plus your original $100 stake back for a total of $300.

How to calculate the profit:

• Profit = (Bet Amount x Odds) / 100
• Profit = (100 x 200) / 100 = 200

So, a $100 bet at +200 odds would give you $200 in profit.

Example 2: Negative odds (-150)

If you bet $150 at -150 odds, you would win $100 in profit, plus your $150 stake back for a total of $250.

How to calculate the profit:

• Profit = (Bet Amount / Odds) x 100
• Profit = (150 / 150) x 100 = 100

So, a $150 bet at -150 odds gives you $100 in profit.

Most Popular Coins for Crypto Betting

Bitcoin is the world’s most popular cryptocurrency but there are also plenty of altcoins that you should consider when joining a crypto sportsbook. Here are a few of the biggest:

Bitcoin (BTC)

Bitcoin is the most widely accepted cryptocurrency at sportsbooks, offering a secure and trusted way to bet online. Deposits are typically instant, but withdrawal speeds can vary depending on network congestion and fees.

On average, BTC withdrawals take anywhere from 10 minutes to an hour, though during peak times, they can take longer. To be fair, the top BTC betting sites don’t generally ever take longer than an hour except in very rare circumstances.

Fees fluctuate based on network demand, but they usually range between $1 and $10 per transaction. Compared to other crypto options, BTC’s fees are a bit high, but its reliability and high value keep users coming back.

Ethereum (ETH)

Ethereum is the second most popular cryptocurrency for betting, valued for its fast transactions and versatility. Unlike Bitcoin, it powers smart contracts, making it the backbone of decentralized betting platforms.

Withdrawal times are generally quite a bit faster than the likes of BTC, as they often complete within 5 minutes – 30 minutes. Ethereum’s fees are variable; during peak congestion, gas fees can be expensive, sometimes exceeding $20 per transaction, but during off-peak hours, they can drop below $1. You can time your deposits and withdrawals at Ethereum sportsbooks to make sure you aren’t hitting those higher fees.

Dogecoin (DOGE)

Dogecoin has gained popularity among casual bettors thanks to its low transaction fees and fast processing times. It started out as a literal joke (meme), but since then, and with the help of Elon Musk’s clear love for the coin, it has become one of the best cryptos for micro transactions and online sports betting.

Deposits and withdrawals are typically confirmed within 1 to 5 minutes, making it one of the quickest cryptos for betting. Fees remain consistently low, often under $0.01 per transaction. That means you lose next to nothing when you transact, and you also get funds in and out of your account quickly of Dogecoin betting sites.

Litecoin (LTC)

Litecoin is a faster and cheaper alternative to Bitcoin, offering a great balance between speed, cost, and security. Withdrawals using LTC are processed in about 2 to 10 minutes, significantly faster than BTC and Ethereum.

Fees are also minimal at Litecoin betting sites, usually below $0.05 per transaction, making it one of the most cost-effective cryptos for frequent withdrawals. It is also widely accepted by crypto betting sites, so you can always turn to LTC when you need to. It is one of the best options for online sports betting thanks to the speed at which you can transact and super low fees.

Tether (USDT)

Tether is a stable coin tied to the US dollar, offering all the benefits of cryptocurrency without the risk of price volatility. This makes it particularly appealing for high-stakes betting, where maintaining a stable balance is crucial. Basically, when you make deposits, you don’t have to worry that when the time comes for you to withdraw your winnings the value of your funds has dropped off significantly.
Of course, this applies both ways. When you use a crypto like Bitcoin, there is a chance that your funds have actually increased in value. It’s all about how risk-averse you are.

Back to USDT. Their transactions are processed within minutes, and fees are extremely low, often less than $1 per transfer. That is nice and low, so you won’t lose much of your funds if you like to make multiple smaller transactions daily at Tether sportsbooks.

Ripple (XRP)

Ripple (XRP) is one of the fastest cryptocurrencies for transactions, with settlement times of under 5 seconds on average. Plus, its ultra-low fees, often below $0.01 per transaction, make it a highly efficient option for bettors who want instant deposits and quick cashouts.

While XRP is not as commonly accepted as BTC or ETH, it is gaining traction with the online betting community, so you can expect to see it accepted by many sportsbooks in the future.

Types of Crypto Sportsbook Promotions

One of the biggest advantages of crypto sportsbooks is the generous Bitcoin sports betting bonuses and promotions that they offer. Typically the welcome promotions dwarf their fiat competitors, whilst they also offer a range of promotions for existing customers which can help to significantly boost your balance.

Let’s look at some of the promotions which you can expect to receive at crypto betting sites:

Welcome Bonus

The first promotion that you’ll encounter at any betting site is the welcome bonus. For the most part, these types of offers will give you what is called a matched deposit bonus.

When you make your first deposit, the sportsbook matches it up to a certain percentage and a certain maximum amount. Let’s look at an example.

If you sign up to a sportsbook which offers new users on the site the chance to claim a 100% matched deposit bonus of up to $1,000., it means that if you make a deposit of $1,000, the sportsbook will give you another $1,000 to bet with. That leaves you with a total of $2,000.

You don’t have to claim the full amount if you don’t want to. If you made a $200 deposit, you’d have received $200 in bonuses and so on.

These bonuses aren’t always capped at 100% and often you can receive even more than your initial stake, though you may find that the rollover requirements become trickier as well.

Free Bets

One of the most popular and exciting crypto sportsbook promotions you’ll find is the free bet offer. These bonuses give you the chance to place a bet without using your own money, making it a great way to try out a new site or take a risk-free shot at a big win.

There are two main types of free bets you’ll come across: risk-free bets and no-deposit free bets. Risk-free bets work by refunding your stake if your bet loses, while no-deposit free bets are given to you just for signing up, with no deposit required. As you can see, one of these will require some investment on your part, while the other doesn’t.

Let’s break it down with an example. Say a sportsbook is offering a $25 risk-free bet to new users. If you place a $25 bet and win, you keep your winnings as normal. If you lose, the sportsbook refunds your $25 as bonus funds, which you can use to place another bet. In the case of a no-deposit free bet, the sportsbook might give you $10 in free bets just for creating an account. You can use that $10 to place a bet without risking anything from your own pocket.

No Deposit Offers

A no-deposit bonus is one of the rarest but most sought-after promotions you’ll come across in online crypto sports betting. This type of promo gives you bonus money to bet with just for signing up; no deposit is needed from your side. This kind of offer is a great way to kick things off with the best BTC sportsbooks, as you can get a feel for the sportsbook, its markets and what the process of actually placing a bet looks like.

Typically, no-deposit offers are small amounts, usually between $5 and $25, but they can still be useful. For example, if a sportsbook gives you a $10 no-deposit bonus, you can use that to place a bet without spending anything from your own pocket. If you win, you’ll usually need to meet wagering requirements before withdrawing.

Deposit Match Bonuses

A deposit match bonus is one of the best ways to boost your bankroll when signing up at a sportsbook. These promotions give you a bonus equal to a percentage of your deposit, usually ranging from 50% to 200%. The more you deposit, the more bonus funds you’ll receive.

Now, we mentioned that welcome offers are usually matched deposit offers, but it is not uncommon for crypto sportsbooks to give you one-off matched deposit offers later on. These offers could also be sport—or event-specific, like an NBA or Super Bowl matched deposit offer.

For example, if a sportsbook offers a 100% deposit match up to $500, that means if you deposit $500, the sportsbook will give you another $500 in bonus funds, giving you $1,000 to bet with. Some sportsbooks extend these offers to multiple deposits, giving you bonus funds on your second or third deposits as well. That said, that would still make it one offer, and as such, not necessarily a reload bonus, which we will touch on shortly to explain the difference.

Enhanced Odds

If you’re looking for bigger payouts, then enhanced odds promotions are one of the best betting offers to take advantage of on BTC sports betting platforms. Also known as odds boosters, these promotions increase the payout on select bets, often for major sporting events. Now, there are some differences in the odds boosters you can receive. For one, there are sportsbooks that will have daily odds boosts on pre-selected events. Then, there are promos where you can choose to use the odds boost on markets yourself.

For example, if a sportsbook normally offers +200 odds on a team to win, an enhanced odds promotion might boost it to +300. This means a $100 bet would pay $300 instead of $200. In short, it gives your potential profits a big boost, so they are always worth making use of.

Reload Bonuses & Cashback

For existing players, crypto sportsbooks offer reload bonuses and cashback promotions to keep you coming back. A reload bonus works just like a deposit match, but it’s available for existing members, not just for your first deposit, so it’s a nice way to keep topping up your betting account with more funds. Cashback deals, on the other hand, refund a percentage of your losses, helping to soften the blow of a bad streak.

For example, a sportsbook might offer a 50% reload bonus up to $200, meaning if you deposit $200, you’ll get $100 extra to bet with. Whereas cashback promotions usually refund 2% to 15% of losses, either weekly or monthly

Crypto Betting Sites vs. Fiat Betting Sites – A Comparison

It’s been reported that 1.6 billion people around the world bet, whilst it is believed that there are now over 560 million cryptocurrency owners. With this in mind, it should come as no surprise that a substantial number of these two huge demographics have crossed over and caused demand for crypto sportsbooks to surge. But are they better than traditional fiat betting sites?

The simple answer is that there are a number of significant advantages to betting at BTC sportsbooks rather than fiat ones, although there are also some drawbacks. In this section we’ll go through them and finish with a comparison table to neatly summarise the differences.

Pros of Bitcoin betting sites

The benefits of Bitcoin betting sites are all thanks to innovations in crypto: financial privacy, low fees, fast payouts, the option to be anonymous, and more.

Let’s take a look at these benefits.

Financial Privacy

Some of the best Bitcoin betting sites offer full financial privacy thanks to cryptocurrency payments. However, typically this level of anonymity will only extend to deposits and withdrawals through Bitcoin or altcoins.

Such financial privacy keeps your activities hidden from your banks, credit rating agencies, and anybody else who you want to shield your transactions from.

Financial privacy at a Bitcoin betting site equals financial freedom, so it is a key benefit.

Low Fees

Traditional sportsbooks can burden you with heavy fees on transactions made through credit cards and other payment methods. Online betting sites accepting Bitcoin transactions, however, tend to be free of charges giving them a strong advantage of fiat operators.

Transferring Bitcoin and other cryptocurrencies saves a lot of money and time when compared to other options like SWIFT, ACH, and other methods.

In fact, a study showed that transfer fees with Bitcoin and crypto could be as much as 90% less than traditional bank transfer fees.

Play From Anywhere

The gambling industry is subject to strict regulations, which is overall a positive thing for players as it affords them protections.

Sportsbooks must obtain licenses for each country, pay fees, taxes and report suspicious activities to each of them to the relevant licensing or safeguarding bodies.

If they accept players from a restricted country, one for which they haven’t received an authorization to operate as a bookmaker, then they might receive heavy sanctions.

Traditional betting sites will block you because of where your credit card or bank transfer is coming from in order to avoid these sanctions and avoid kicking you off later. But crypto betting sites offer deposits and withdrawals in cryptocurrencies, which can come from anywhere.

This allows some of them to operate anonymously and accept players worldwide.

Just to be safe, some sites may require the use of a VPN to access their site in order to bet bitcoin, depending on your location. This can be an important measure for protecting your privacy as well.

It is important to note that some online bookmakers will accept your deposits but withhold withdrawals once they notice you’re from a restricted country. Always read each sportsbook’s terms and conditions before making a bitcoin bet so you don’t make a deposit that you’ll never get back.

Bigger and Better Bonuses

Best Bitcoin betting websites generally offer better, bigger, and more frequent bonuses than traditional online betting sites, as cryptocurrency helps them save money on deposit and payout fees, chargeback fees and more.

Because of that, the best bitcoin betting sites pass on some of these savings to you in the form of frequent bonuses and promotions and other methods that help you in the end.

Cons of Bitcoin betting sites

All new technologies have drawbacks. There are risks involved when using an online crypto sports betting site.

Read through them and decide if the risk is acceptable to you.

Lack of Traditional Regulation

The most popular online sportsbooks are fully licensed and stick to KYC/AML regulations.

This is because fiat currency circulates between parties. The funds go through banks, financial institutions, and governments. Running a fiat-based, unlicensed betting site is difficult for these reasons.

Operating exclusively with cryptocurrencies, on the other hand, makes it easier for BTC sportsbooks to operate without a license, though we should clarify that we only recommend licensed operators to our readers.

Unlicensed bookmakers do not report to any third party or government. Therefore, the risks that they act unfairly or conduct an exit scam are also increased.

However, if you stick to the crypto betting sites mentioned on this page, this will not be an issue. And if you play in an unlicensed bitcoin sportsbook, double-check its reputation before you deposit funds.

No Chargebacks

Traditional sportsbooks can only operate by accepting deposits via credit card or other traditional fiat methods. Therefore, they must also deal with chargebacks imposed upon them by financial third parties. It’s part of the system.

If you feel you’ve been scammed, you can always request your credit card provider to perform a chargeback, allowing you to recoup your funds.

But when you place a Bitcoin bet, you can’t request a chargeback since there is no financial intermediary or system in place to make that happen.

One of the advantages of Bitcoin and cryptocurrencies is that all transactions are permanent, without any 3rd party involved.

But that means you need to be more responsible and careful when sending your crypto, because you cannot get it back.

This is why choosing a licensed BTC betting site becomes even more important.

Crypto Price Volatility

Cryptocurrency can be volatile, making it more unpredictable to wager with as opposed to traditional, government-backed currency.

Through no fault of your own, you can potentially win money at a crypto betting site only to find that its value has decreased before you’ve had a chance to withdraw it. This is a risk that simply cannot be avoided at this time.

However, on the flipside, the opposite can happen and your funds can increase in value rapidly. For this reason, betting with Bitcoin sportsbooks requires a knowledge about cryptocurrency as well as your knowledge of sports betting.

Crypto Sportsbook vs. Fiat Sportsbook Comparison Table

Do Crypto Betting Sites Have Mobile Apps?

The availability of dedicated, downloadable mobile apps for crypto sports betting varies from site to site. Currently, crypto sportsbooks generally offer this function less frequently than traditional fiat sites, however that isn’t to say that none of them do offer them.

To check whether the app is available you can visit your respective app store and search for it, alternatively if you visit the mobile sportsbook webpage through your browser, you will often receive a pop up prompting you to download their app, or their might be a link within the site menu if not.

However, even if a mobile app isn’t available to download, the mobile sites of our recommended operators are checked to ensure that they function flawlessly on both iOS and Android devices, regardless of whether you are betting on mobile or tablet.

Furthermore, you can also save a shortcut to that mobile page to your home screen and use that as a shortcut to the mobile site which can save you time.

Responsible Gambling

Betting with crypto should always be treated as an enjoyable, recreational activity, rather than a means to making money that creates an element of financial risk or dependence. You should never bet with money that you can’t afford and should always accept that your bet could lose before placing it and judge whether that is an acceptable risk.

If you start to experience and signs or problem gambling or addiction, you should immediately inform a close friend, family member or contact a gambling help organization in your location. For more information, please read our designated responsible gambling page.

Conclusion

We’ve reached the end of our article about the best Bitcoin and cryptocurrency betting sites and hopefully you know have a solid understanding of how these sites work and the best BTC sportsbooks to try.

Whilst there are clearly some drawbacks to betting with Bitcoin, our team feels quite strongly that they are comprehensively outweighed by the advantages and that, if you select one of our preferred crypto betting sites, any concerns will be negated anyway.

With crypto and sports betting both continuing to grow, there is every reason to believe that Bitcoin betting will increase even further in the months and years ahead.

Frequently Asked Questions

1. 01.

   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 sites 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.

2. 02.

   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.

3. 03.

   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.

4. 04.

   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 when you make a bitcoin bet so you don’t lose your funds to human error.