Bitcoin Betting (2024)

We’re not stopping at just offering casino sites! Bitcoin betting has become increasingly popular and we’ve learned a lot through analyzing the current crypto betting market. This page is where we share that knowledge with you.

Crypto sports betting is an exciting twist on the basic betting formula and a must-try for any Bitcoin or crypto enthusiast. Whether you prefer sports or esports, we’ve got you covered with the best picks! They’ve been carefully chosen after countless hours of research, testing and comparing.

3 Best Bitcoin Sports Betting Sites & Crypto Sportsbooks

Looking for the best crypto betting sites? Play with multiple cryptocurrencies at these renowned sites, hand-picked by our dedicated team:

	Sportsbook	Rating	Features	Bet Now
		BC.Game	Generous welcome bonus All popular sports and leagues Bet with many different altcoins BitcoinTalk ANN Thread	Bet Now!
		Vave	100% up to 1 BTC bonus Every popular sport and league Live support function BitcoinTalk ANN Thread	Bet Now!
		22bet	100% up to 5 BTC bonus Over 1000 events to bet on 15+ cryptocurrencies to use	Bet Now!

Our guide to crypto sports betting

In this guide, we’re diving deep into the sports betting side of crypto gambling, and there’s a lot to go through. Maybe you’ve got your crypto wallet ready and looking to get right into Bitcoin betting. Or, maybe you want to know how to acquire crypto so that you’re ready for whenever you decide to find a crypto betting site.

Either way, we’ve got everything you need to get started. Our guide covers all the bases, getting into the nitty and gritty details of crypto betting of every type.

Remember that you can as always get in touch with us if you have any questions or feedback regarding the content on our site.

In the meantime, here are some of the topics we’ll be covering:

• Step-by-step crypto betting guide
• Pros and cons of Bitcoin betting
• What currencies are the most popular to play with
• Which sports you should be betting on

Note: BitcoinCasino.to is not affiliated with any crypto wallets or exchanges.

How to get started with Bitcoin sports betting – 4 easy steps

In our thorough step by step guide on our main page about Bitcoin casino, we’ve covered every step in detail for any beginners looking to acquire cryptocurrency before getting started. This includes optional steps and ways to get your hands on crypto.

Assuming you’ve already got a digital wallet with crypto, you’re almost ready to start playing. Look no further for a quick guide on how to get started betting with Bitcoin.

1. Select a crypto betting site from our list

The list we’ve compiled above features the best crypto and Bitcoin sports betting sites on the market. Safely choose whichever site looks the best to you, accepts your preferred coin, or offers the most lucrative bonus.

Once you’ve made your decision, simply hit “Play now” to claim your Bitcoin bonus offer at the betting site of your choice.

2. Create a betting account

You’ll need an account at any selected betting site to actually start placing bets. Luckily, this is a pretty smooth process. Some sites will only require you to hit “Sign Up”, “Join” or “Register”. This prompts you to fill in your email address, desired password and which currency you’d like to deposit. In some cases, you can log in with a social media or Google account.

Once you’ve done so you can verify your account through the email you should’ve received instantly. That’s your crypto betting account all set up!

3. Choose a crypto payment method and make a deposit

Next, it’s time to make your first deposit. You can use multiple different crypto currencies such as BTC, ETH, LTC and many more, depending on which site you’ve created your account. If there’s a bonus offer available, here’s where you can choose whether to claim it or not.

Your account will be given a unique wallet address which can be used to send BTC or other crypto straight to your betting account balance. If you’ve got your wallet on your phone you can scan the QR code for easier access, when available. Decide how much you want to deposit and give it a go.

4. Play, win, and withdraw your crypto winnings

Betting with Bitcoin is pretty straightforward and once you’ve been at it for a while, you might’ve accumulated enough winnings to make your first withdrawal.

To withdraw coins into your crypto wallet, all you need to do is click your way through to your account balance. From there, open your wallet (or visit the Cashier page) and click on the “Withdrawal” tab. This process may vary from site to site but it’s usually apparent.

From the “Withdrawal” tab, select the amount of crypto you want to withdraw (out of your available funds). Generate an address from your wallet and paste it into the address tab on your betting account. Hit “Withdraw” to transfer the funds directly to your Bitcoin wallet.

BTC betting – Advantages and disadvantages

It’s important to us that you get all the information you need to make the correct decisions before gambling online. We see it as our responsibility to list the advantages but also disadvantages of Bitcoin betting so that you have all the facts at hand.

Crypto currencies come with a lot of benefits compared to fiat money, but of course, there are some potential downsides that need further explanation. Some advantages and disadvantages are subjective as well, and it’s up to you to decide how you feel about them.

Advantages

1. Privacy and decentralization

When you’re dealing with crypto, you’re dealing with proper privacy. The same applies when you’re visiting crypto sportsbooks to place your bets. Your personal details are kept safe and won’t be shared with any third party.

Furthermore, cryptocurrencies are decentralized, which means your finances and transactions aren’t tracked by governments and banks, for instance. This also allows you to bet where you otherwise might not have been able to.

2. Fast transactions without fees

Players have come to expect a certain level of speed when it comes to casino transactions, especially on crypto sites. Deposits are instant, and payouts are just as quick when processed properly. The same goes for sports betting sites that accept crypto. It’s fast and efficient, and shouldn’t take more than 12 hours.

On top of that, you’ll pretty much never encounter any transaction fees. If you do, they’re minimal. But this should be a rare occurrence, as most Bitcoin sportsbooks process all transactions for free. This simply means that you get to keep more of your winnings.

3. Anonymous betting

Some people value anonymity above most other factors when it comes to online gambling in general. Anyone familiar with crypto knows that anonymity is one of the main selling points. Of course, you can expect to remain anonymous even when gambling at BTC sports betting sites. You’re not tracked, the only thing logged is the transaction itself.

Disadvantages

1. Volatility in the crypto market

Anyone who has invested in crypto knows how volatile it can be, regardless of which coins you have in your wallet. This volatility will affect you when betting as well, for obvious reasons.

However, it doesn’t necessarily mean that you’ll be impacted negatively by fluctuations. The crypto winnings that you withdraw to your wallet could of course increase in value over time. This allows you to either bet with more crypto next time or simply watch the value go up. Keep in mind that during uncertain times, the value may drop as well, and significantly due to its volatility. That’s a reason to learn when to sell, too.

2. Still hard to find crypto sportsbooks

While crypto casinos are on the rise, Bitcoin sportsbooks are appearing at a slower pace. You’ll notice that finding “regular” betting sites is still easier, as they’ve been established for years already.

The number of crypto sportsbooks available is still growing, though. As they appear, they are reviewed by our team, ranked and eventually (hopefully) put on our list, right here on this page. Check it out if you’re finding it hard to get your hands on a fresh new Bitcoin betting site.

How we rate crypto betting sites at BitcoinCasino.to

There are a lot of different factors to take into account when evaluating sites where you’re betting with Bitcoin. Our team has reviewed countless sites in the gambling industry and has polished their rating process through the years.

To give you the best possible experience, we look at various important factors and evaluate them before presenting you with a betting site that we consider safe and secure. Here’s a quick recap, since we’ve already gone more in-depth on our main page.

• Proper license. Every betting site we approve needs to hold a gambling license from a real gaming authority.
• Secure servers. The operator should have an encrypted connection and an updated SSL certificate.
• 24-hour support. If you encounter any issues you’ll want to have them resolved as fast as possible. We test how knowledgeable and helpful the support staff is.
• Crypto payment options. We make sure that the Bitcoin sportsbook offers various payment options and preferably more coins than just Bitcoin.
• Wide range of sports. When placing bets using crypto, you want the bets to be placed at sports you know. That’s why it’s important that the site has a wide range of different sports, including esports.
• Generous bonus offers. There’s usually some bonus to claim at any crypto gambling site, whether it’s in the casino section or the betting department. We take amounts into account, as well as the terms and conditions. A betting bonus has to be fair to be valuable.
• Mobile user friendly. As most people are playing on their phones and other mobile devices these days, it’s pivotal that a crypto betting site is designed to work on mobile platforms such as iOS, Android, and other operating systems.

BitcoinCasino.to prioritizes safety above all else, but the factors above all contribute to the final verdict when we rate and rank betting sites, before they potentially end up on our list.

The best sports at crypto sportsbooks

Whenever you visit a new crypto betting site, you’ll often find a wide range of sports to bet on. Which of these is the best for you depends on how familiar you are with the sport, but also how much you enjoy watching it.

The operator may list which sports are the most popular, but it’s up to you to find your favorites to increase your chances of winning. No matter which BTC sports betting venue you pick, you’ll be sure to find multiple sports to your liking (including esports, if that’s what you prefer). Here are our top 10 picks for the best sports.

1. Baseball
2. Tennis
3. MMA
4. Soccer (football)
5. American football (gridiron)
6. Basketball
7. Cricket
8. Boxing
9. Virtual sports
10. Esports (CS:GO, Dota 2, Overwatch)

Bitcoin live betting

Players looking for a genuinely thrilling experience should seek to play at live betting crypto sportsbooks. Also known as in-play betting, live betting refers to when bettors are able to place bets during a game taking place in real time.

This is through a live stream often hosted by the sportsbook, where you can follow the game and place bets live as the game progresses. You can place live bets as you watch, or get real-time updates about what's happening during the game. Not only is this more exciting, but it also helps the player place more calculated crypto bets based on the events taking place before their eyes. Skill matters here and the better you get at understanding certain plays, the higher your chances of placing the right bets.

5 popular currencies to play with

You’ve got plenty of options when it comes to choosing which coin you want to bet with. Bitcoin remains the most popular choice, but there are multiple altcoins worth a second look.

Here are five coins that most players will prefer to bet with at a crypto sportsbook.

• Bitcoin (BTC) – Bitcoin is always a safe bet to bet safely with. You’ll find that transactions are smooth and relatively fast, but more importantly completely secure.
• Ethereum (ETH) – Next to Bitcoin, ETH is often viewed as a faster, more technologically reliable version. While considered not as secure as BTC, it’s still completely safe to use.
• Litecoin (LTC) – A cheaper alternative to Bitcoin, but with faster transactions. It’s not as common as BTC at betting sites but still a prominent and secure enough option.
• Monero (XMR) – Monero is another alternative that tends to be fast, free of fees and easy to use. It’s not very common at crypto sportsbooks but a good option when available.
• Dogecoin (DOGE) – A somewhat controversial pick, for some. Initially a meme coin that found some value in the gambling industry. Preferred by those who are playing for fun with low stakes, or want a lower barrier to entry.

Bet safely at Bitcoin sportsbooks

At BitcoinCasino.to, we value safety and security, something we’ve made clear on multiple occasions. The Bitcoin sportsbook sites found in our lists all offer players anonymity, security and safe transactions.

Using crypto, such as Bitcoin, allows you to avoid any potential issues with banks when it comes to withdrawing your winnings, something that can otherwise occur at regular fiat betting sites in some countries. Depending on where you live, cryptocurrency sportsbooks should be readily available. You'll be able to bet crypto on your favorite sports or esports teams, safely and securely online.

We've put this summary together to help you remember everything you need to know before you engage with Bitcoin online sports betting:

• Choose a sports betting site based on your favorite crypto coins
• Pick a lucrative bonus offer with fair rollover requirements
• Make sure your favorite sports (or esports games) are available for betting
• Look for a crypto sportsbook with good odds
• Use our list to ensure that you visit a secure crypto site

With all of the tips covered in this guide, we hope we've made you feel ready to check out the hottest Bitcoin betting sites at the top of this page to start placing bets and win some crypto. We're always hard at work updating the page with new relevant content to give you a head start.

Bitcoin sportsbook anonymity

On the topic of safety, one unique aspect of crypto sportsbooks is the potential for anonymity. While traditional sportsbooks will require you to provide personal information often during signup, including your name and address, crypto sportsbooks often allow you to place bets anonymously. This is especially appealing if you value privacy over everything else when it comes to gambling and betting online.

However, we should also note that some Bitcoin sportsbooks may still require some level of verification, such as KYC checks. They tend to disclose if this is a requirement before you sign up, which means you know what to expect most of the time and can choose to remain anonymous by selecting another betting site.

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