Bitcoin Sports Betting Sites

What Are Bitcoin Betting Sites?

Bitcoin betting sites are online bookmakers where bettors can use crypto to bet on sports, eSports, and virtual sports events. The good thing is that 99% of the best crypto betting sites accept other major cryptocurrencies like Ethereum, Litecoin, Tether, Solana, Dogecoin, etc.

More people use crypto to bet on bookies’ websites than gambling at new crypto casinos. It’s not a big surprise that even seasoned gamblers use crypto for their sports bets. However, the excitement of playing casino games might occasionally be a welcome change of pace.

In terms of risks and winning, people are still arguing if it’s easier to win at sports betting than at online casino games. On the one hand, betting on sports happens from real events, while most casino games work based on RGN and pure luck. On the other hand, your win or loss depends on the team you are betting on, and there is nothing you can do from your side to change the situation if it becomes risky for you.

The only thing that is clear here is that you should never bet on sports or eSports blindly. Study the sports, and learn about teams, their weak and strong sides, and their strategies, and this may help you in your betting journey.

Also, take seriously the choice of a BTC betting site. All kinds of sports betting bonuses, including a Bitcoin no-deposit bonus, the number of sports and casino games to enjoy, as well as the transparency of conditions, will take your online gambling to a new level. And we’re here to help you choose the best Bitcoin sports betting sites – let’s get started!

Overview of Best Crypto Sports Betting Sites

✅ Best Bitcoin Sports Betting Site for Virtual Sports	Kryptosino
✅ Best Crypto Sports Betting Site for Major Sports	FairSpin
✅ Best Bitcoin Sports Betting Site for Great Odds	CyberBet
✅ Best Crypto Sports Betting Site for eSports Betting	BetHeat
✅ Best New Crypto Sportsbook for Virtual Sports	1Good.Bet

What Makes Bitcoin Sports Betting a Trend?

Imagine this: the tension of the players, the anticipation before the game and that electric rush when your prediction turns into a sweet victory. This is the excitement of online sports betting.

But why are more and more experienced players turning to Bitcoin for that experience? Three words: speed, security and control.

Sports betting with cryptocurrency is the perfect combination of thrilling excitement and advanced technology. With sports betting Bitcoins, your sports bets will be placed quickly and your winnings will be yours in no time. It is an opportunity to control your betting destiny.

So, if you are looking for a new dimension of sports betting, let’s take a closer look at the pros and cons of crypto betting online.

Pros And Cons of Crypto & Bitcoin Betting

We could all agree that people love sports betting, and the top crypto sports betting sites have a lot of perks to offer like big crypto bonuses, low wagers, free bets, tournaments, competitive odds, etc. But is there something that may confuse you while betting? Are there some big disadvantages to betting on sports with Bitcoin?

Let’s find out.

Pros of Bitcoin Betting Sites

Let’s start with the good news. In short, Bitcoin and other cryptocurrencies have a lot to offer. You’ll find that these awesome benefits put to great use on the best crypto betting sites. So what are they?

Anonymity

One of the significant advantages of crypto and Bitcoin betting is the level of anonymity it offers. Traditional betting sites often require personal information and banking details. This can raise privacy concerns.

Best crypto sportsbooks, same as different USDT casinos, allow players to place sports bets or play casino games without revealing their identity, providing a sense of security and confidentiality.

Additionally, some crypto sports betting websites give you an impossibly cool opportunity – to place sports bets without creating a betting account. In most cases, you just provide your email and this is it – no phone numbers, no addresses – freedom as it should be.

Security

Cryptocurrencies utilize advanced encryption techniques, making them highly secure. Blockchain technology, the underlying technology behind cryptocurrencies, ensures transparency and immutability of transactions. Most crypto betting sites are more resistant to fraud and hacking attempts compared to traditional betting platforms.

Global Accessibility

Bitcoin betting provides users with global accessibility. Since cryptocurrencies operate independently of any central authority or government, they can be used and accessed from anywhere in the world. This is particularly beneficial for individuals residing in countries with strict online gambling regulations or limited access to traditional payment methods.

Fast and Low-Cost Transactions

Cryptocurrency transactions are typically faster and more cost-effective than traditional banking methods. Crypto transactions can be processed within minutes, while traditional methods may take hours or even days. Additionally, transaction fees associated with crypto and Bitcoin betting online are often lower than those imposed by traditional betting platforms.

For example, if you want to use Tether TRC20 for your deposit or withdrawal, your fees will be 1 USDT (equivalent to 1 USD) maximum, and the transaction will be processed in seconds.

Potential for High Returns

Bitcoin and some other cryptocurrencies have experienced significant price appreciation over the years. By betting with Bitcoin, users have the opportunity to benefit from both their betting wins and potential cryptocurrency price increases. This dual investment potential can be attractive to individuals seeking higher returns on their bets.

Of course, most crypto betting sites offer to convert your cryptocurrency to fiat when you make your crypto deposits. But if the price of Bitcoin goes down and you withdraw, you can actually get more Bitcoin on your betting account than you could before the price went down. On the contrary, you lose Bitcoin if the price goes up.

Cons of Bitcoin Betting Sites

The disadvantages or cons of BTC betting sites are not major – it’s not something that can prevent you from enjoying your online betting experience. We’d say that it’s something you need to be aware of and maybe take a little more time to immerse yourself in the subject.

Lack of Regulation

The decentralized nature of cryptocurrencies means that they are not subject to the same regulatory oversight as traditional banking systems. This lack of regulation can make crypto and Bitcoin betting more susceptible to scams, fraudulent platforms, and unfair practices. The solution here is to choose the best Bitcoin betting site, which is reliable and trustworthy. Thus you can be sure your crypto betting is safe.

Technical Complexity

Cryptocurrencies and blockchain technology can be complex for individuals unfamiliar with the technology. The process of acquiring, storing, and using cryptocurrencies may require some technical knowledge and understanding. This is something we can help you with.

If you feel like you need to understand better how to take advantage of sports betting cryptocurrency features, you can always visit our Blog section. We’ve created a couple of guides to help you with this.

And now we come to the most important thing!

3 Best Bitcoin Betting Sites

Now you already understand that we are very responsible in terms of reviewing crypto sportsbook sites. There are a lot of betting sites that are worth your attention, but our team found the 3 best crypto betting sites for you.

Interested?

FairSpin – Top in Crypto Sports Betting Industry

FairSpin is an awesome sports betting site that has a gaming license issued by the government of Curacao. It is home to a wide selection of casino games and virtual sports, including football, tennis, basketball, golf, and other online sports betting options.

Fairspin is also famous for its generous offerings like welcome bonus codes, reload bonus promos, free spins, and Bitcoin cash back bonuses. There is no wagering requirement for the first deposit. For your second one, if you deposit at least $20, the casino offers a 50% deposit match bonus plus 10 free spins. The wagering requirement is 25x.

In addition to lots of bonuses, the betting site provides its most dedicated players with exclusive perks and benefits through a VIP program.

Transactions there can be made through cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Binance Coin, and others.

Wolf.Bet – The Best for Crypto Football Betting

Wolf.Bet finds a solid place among crypto football betting sites. They accept cryptocurrencies and provide instant and anonymous deposit and withdrawal options. The betting website is managed by HDS Technologies N.V., and the Curacao Gambling Commission is the entity that issued the site’s operational license.

The casino serves as a central location for a number of well-known software developers, including Evolution Gaming, Microgaming, Relax Gaming, Play’N Go, NetEnt, Quickspins, Yggdrasil, and others.

With Wolf.Bet, players can bet on football, basketball, tennis, golf, horse racing, and other sports betting markets. The choices include UEFA Champions League, Chicago. Serie A, and Premier League.

As soon as you deposit crypto, you may enjoy your favorite sports while getting different bonuses – welcome bonus, % for crypto deposits, etc. When it comes to processing payments, this online betting platform is compatible with the vast majority of cryptocurrencies. The main thing about this betting site is that it only supports cryptocurrency (Bitcoin, Bitcoin Cash, Binance Coin, etc.) – no Apple Pay, bank transfers or cards.

Mostbet – The Best for a Welcome Bonus

Mostbet is a website that allows users to place wagers on a variety of sporting events and horse races, in addition to providing a full complement of betting and live casino games. With over 70 million consumers registered from more than 20 different countries, it is one of the most popular websites in the world for placing bets on sporting events. They provide odds that are among the most competitive in the industry for all of the major sports, including football, basketball, tennis, and even esports.

Additionally, the website is well-known for its exceptionally substantial welcome bonus package, which consists of free spins and cashback deals.

A wide variety of cryptocurrencies, including Dogecoin, Bitcoin Cash, Litecoin, Bitcoin, Tether, and others, are accepted by Mostbet, with the exception of Ethereum.

Bitcoin & Crypto Sports Betting Sites Due Diligence

Today, you can find a bunch of different crypto betting platforms, but just having beautiful words and promises is not enough to assess the quality and legitimacy of the crypto betting website.

Our team has developed a particular plan for evaluating crypto sports betting sites, and below, we will tell you about the main points of this plan.

1️⃣ Anonymous registration to a reviewed crypto sports betting platform.

Not all crypto sports betting sites even reach this point. Initially, we find a crypto betting site and check for licenses and the owner’s reputation. If the chosen Bitcoin betting site meets these criteria, then we begin the registration process. If there is no information about the license, we cannot add the selected platform to the list of the top crypto sports betting sites.

At the registration stage, we check how fast the process is, what personal data is needed for registration, how the data verification goes, and so on.

2️⃣ Funds depositing.

At this stage, we are exploring crypto deposits. We find out if we can deposit crypto currencies like Bitcoin and Bitcoin cash and if there are any pitfalls. Our team has several wallets, which allow us to check the speed of transactions, the size of commissions, etc.

3️⃣ Bonus claiming.

The best Bitcoin betting sites always offer attractive crypto bonuses. We always try to make sure that these are not just brilliant promises from the crypto betting sites, but really useful features.

We start by valuing variety – from welcome bonus offers to reload bonus promos, free spins and loyalty rewards. A casino that invests in generous offerings demonstrates its commitment to attracting players. We check in what form crypto betting sites offer their bonuses. The best crypto betting site often gives you a limited percentage of the deposit, but its cash equivalent is limited.

We also focus on wagering requirements. These are the terms and conditions that determine how many times you need to wager your welcome bonus and other promos before you can withdraw any associated winnings. We aim for Bitcoin betting sites with reasonable wagering requirements.

4️⃣ Interface Evaluation.

It is essential to have a convenient dashboard for a good experience and enjoyment of the sports bets. We evaluate the crypto betting site interface at this stage – how quickly the pages are loaded, how conveniently the navigation menu is located – the easier it is to find the menu of deposits, withdrawals, bonus terms, the more confident the user will feel.

5️⃣ Actual crypto sports betting.

This has always been the case – the more enormous and better the selection of sports and eSports, the more popular the crypto betting service is. Anonymous Bitcoin sports betting platforms are no exception. At this stage, we start placing bets to check which sports activities are available on the platform.

6️⃣ Withdrawals evaluation.

After we finish betting, we check how easy it is to withdraw your winnings from crypto betting sites. As in the assessment of deposits, we review the availability of commissions, restrictions on the amount of withdrawal, the speed of the transaction, etc.

7️⃣ Customer support and reputation investigation.

Even if the betting site is convenient, honest, and full of different features and guides, users may still have questions or issues with crypto betting sites. And the support service responsible for the positive experience of its crypto betting players.

We evaluate the following points:

• the speed of the support service replies;
• the informativeness of these answers;
• how seriously they take the issue.

8️⃣ Top Bitcoin betting sites ranking.

At the end of the crypto betting platform verification process, we give it a total score of 0 to 10. Zero means that this Bitcoin sportsbook cannot be used at all, and ten means that the crypto betting site is legal, honest, and user-friendly, and we recommend it. All Bitcoin betting sites that we mention on the site can be considered the best crypto gambling sites.

Best Bitcoin Sport Betting Bonuses

You know what’s really boosting the hype around crypto sports betting sites? These are nice offers that you get simply by signing up (welcome bonus), making crypto deposits or even bringing a friend to a Bitcoin sportsbook or decentralized crypto casino.

However, not everyone knows that these are not all the offers available to you at crypto betting sites. If you are used to standard welcome bonus codes, deposit bonus and reload bonus promotions, be ready to discover additional perks on the best Bitcoin sportsbook platforms.

Let’s see what bonuses you can get on the best Bitcoin betting sites.

Wager Bonus

Wager bonuses also have sub-categories. In general, these crypto betting bonuses are offered to people who have fulfilled certain conditions – complete the registration (Bitcoin betting welcome bonus), make the first account replenishment (deposit match) to the crypto betting sites, and so on.

A wager bonus is a small bonus on your sports bets. When you place bets, the betting site may offer you a bonus depending on the amount you deposit. These bonuses can come in many forms, such as free bets or extra money for playing casino games. If your bets turn out to be winning, you can keep your winnings and the deposit match bonus.

An important point – you can’t withdraw these bonuses at once. Online betting sites set their own conditions for withdrawing money. Make sure you read them before you start your actions in the online casino.

Express Bet of the Day

This is an exciting type of Bitcoin betting bonus. However, you may not find it on every Bitcoin betting site.

In short, Express Bet of the Day is your shortcut to active online sports betting – it’s like a special betting package. It is compiled by experts and includes various bets on a number of sports. You don’t need to spend hours analyzing statistics – just enjoy online gambling. It’s a quick and easy way to try your luck on multiple casino games at the same time.

The bottom line is that BTC sports betting sites put forward certain conditions, after which the player receives a prize. In addition, this type of bonus is risky since the player takes risks by accepting the conditions.

Comboboost

If you want to place multiple bets on different games or matches, with the Comboboost bonus you can combine them into one big bet. If all of your bets win, you’ll get even more money than if you bet on them individually. If you combine several bets into one multiple bet, the crypto betting site can give certain rewards. The ability to receive a bonus depends, for example, on the number of express bets.

This crypto betting bonus has two sides of the coin – you can get a really big win, but you can lose more money if you lose.

Free Bets

This Bitcoin betting bonus is also one of the most popular and demanded. A free bet is a small gift that allows you to place a bet without using your own money – kind of like a welcome bonus when you sign up.

The name of the bonus speaks for itself – it’s free bets with Bitcoin. You receive some “free bet money” from the sports betting site. If you win, you get more money in your account; if you lose, there is no actual loss for you.

Usually, to get a free bet, you may have to place a certain bet first. Also, it may be part of a special promotion. By getting a free bet, you simply choose one of the casino games you want to play. When you are about to place a bet, you’ll see the option to use the free bet instead of your own funds.

Free bets apply to single bets, express bets, live matches, and pre-matches.

Bet Insurance

Bet insurance is a convenient option for all players. The crypto betting site takes a certain amount of money for such an opportunity and sometimes offers it as a bonus. It works very simply: if you are unsure of the result, you can ensure the bet – in whole or in part.

And further, if you lose, your bet amount will be returned to you, again, in whole or in part – depending on the conditions you set.

Cashback

And now we will talk about the most favorite bonus for Bitcoin sportsbooks players – cashback. It is usually awarded for a specific sport, event, or competition. That is, if you lose, the crypto sports betting site gives you back a percentage of your bet, so you can try again. It soothes a little, doesn’t it?

To take advantage of this privilege, simply check if the crypto betting site offers cashback promotions and follow their instructions.

Tournament

We usually refer to this bonus as “non-existent” as it is rarely seen. It works as follows: a crypto betting site organizes a specific event, attracts people, and set a particular (and large) amount of money as the main prize. People start to place bets, and the winner (or winners) are then selected with the specification of the criterion set by the Bitcoin sportsbook.

Such bonuses are really rare. So if you see such an offer on the BTC betting sites – be sure not to miss it.

Crypto & Bitcoin Betting Markets

Sports betting is a big marketplace where you can bet on different things related to sporting events. These different things that you can bet on are called “sports betting markets”. Think of these sports markets as of different departments in a store, each offering something unique.

The sports markets can be about who will win the game, how many goals a team will score, who will score the first goal, or even things like the total number of points in a game. So, crypto betting markets are basically different opportunities that you have to bet on different aspects of a sporting event. They allow you to choose what you want to predict or bet on, making your sports betting even more exciting and varied. Whether you’re into football, basketball, tennis, or even niche sports like darts, there’s a range of sports markets waiting for you. By exploring the variety of sports betting markets you’ll be able to tailor your bets to your knowledge, making each bet a unique experience.

The greater the variety of Bitcoin sports betting options offered by crypto sports betting sites, the more attention they tend to attract. Let’s see what sports betting markets can offer you.

Thus, most often, Bitcoin sports betting sites offer you the following sports:

Basketball

Basketball is a popular game for crypto sports betting sites due to its fast-paced nature and worldwide popularity. Bettors can place wagers on various outcomes, such as the winner of a game, point spreads, total points scored, and player performance. Cryptocurrency can be used for secure and anonymous transactions, allowing users to bet on basketball with Bitcoin with ease.

American Football

American football is a highly followed sport in the United States and attracts a significant amount of betting activity. Betting options include point spreads, over/under totals, prop bets, and futures. Cryptocurrency offers fast and secure transactions for football betting enthusiasts, allowing them to place bets on games or individual player performances.

Soccer

Soccer, which is also known as football in most countries, is hugely popular all over the world and is also a favorite choice among the players, even before Bitcoin football betting. When it comes to Bitcoin football betting, the possibilities are just endless. You can find different bets according to your preferences, which will make every match even more exciting. Soccer bets on the best crypto sports betting platforms can take your love of the sport to the next level.

Cricket

Cricket is particularly popular in countries like India, England, Australia, and the West Indies. Crypto cricket betting involves various markets, such as match winners, run totals, individual player performances, and even specific events within a match. Cryptocurrency can be used to make quick deposits and withdrawals for cricket betting, providing convenience and security to bettors.

Baseball

Baseball is widely followed in the United States and other parts of the world. Betting options include money line bets (picking the outright winner), run totals, run line bets (similar to point spreads), and prop bets. Crypto sports betting sites transactions can ensure privacy and faster processing for baseball betting enthusiasts.

Rugby

Rugby is a popular sport in countries like New Zealand, Australia, South Africa, and the United Kingdom. Betting on rugby involves wagering on match outcomes, point spreads, total points, and individual player performances. Cryptocurrency allows for seamless and secure transactions, making it a convenient option for rugby betting.

Hockey

Ice hockey is particularly popular in North America, Europe, and Russia. Betting options for hockey include moneyline bets, puck line bets (similar to point spreads), over/under totals, and various prop bets. Cryptocurrency can facilitate fast and secure transactions for hockey bettors, enhancing their overall betting experience.

MMA (Mixed Martial Arts)

MMA has gained significant popularity worldwide, with organizations like the UFC leading the way. Bettors can place wagers on the outcome of fights, round outcomes, method of victory, and individual fighter statistics. Cryptocurrency can provide a secure and efficient payment method for MMA betting enthusiasts.

Volleyball

Volleyball is a popular sport for betting in many countries, including Brazil, Italy, Russia, and the United States. Crypto sports betting sites options include match winners, set winners, point totals, and individual player performances. Cryptocurrency can offer a convenient and secure means of placing bets on volleyball matches.

Golf

Golf betting typically involves wagering on the winner of a tournament, individual matchups between players, and various prop bets related to player performance. Cryptocurrency transactions can facilitate faster and more secure payments for golf betting enthusiasts.

Horse Racing

Horse racing has a rich history of betting, with options including win, place, show, exacta, trifecta, and more. Cryptocurrency can provide a secure and efficient method for bettors to place wagers on horse races, especially for online platforms. Though few sports betting sites offer BTC horse racing betting, it continues to be popular among bettors.

Chess

Although not traditionally associated with betting, chess has seen an emergence of online platforms where players can compete and wager on the outcome of matches. Cryptocurrency can facilitate secure transactions for chess betting enthusiasts, allowing them to participate in online chess competitions.

Tennis

Tennis is a globally popular sport for betting, with options including match winners, set winners, game totals, and various prop bets. Crypto table tennis betting can offer a secure and efficient means of placing bets on tennis matches, particularly on online platforms.

Table Tennis

Table tennis, also known as ping pong, has gained popularity for betting, particularly in Asian countries. Table tennis betting offers a lot of exciting options to choose from. They include match winners, set winners, and game totals. Crypto sports betting sites transactions can provide a secure and convenient method for bettors to place wagers on table tennis matches.

It’s important to note that regulations regarding sports betting on table tennis and cryptocurrency usage may vary by jurisdiction. Always ensure you comply with the laws and regulations of your country or region when engaging in any form of betting.

eSports

Bitcoin eSports betting is, for the most part, online games, and the popularity of such bets is more than you think. This was formed due to the increased attention to this sport in the last few years and because not every crypto betting site offers them.

These games include:

• Counter-Strike: Global Offensive (CS:GO): Where precision meets firepower in heart-pounding tactical combat.
• DOTA 2: The arena of heroes where strategy and teamwork reign supreme.
• League of Legends: A universe of champions and battles that’s nothing short of legendary.
• Hearthstone: Heroes of Warcraft: A card duel that’s all about strategy, spells, and a dash of magic.
• Call of Duty: The FPS juggernaut that takes you straight into the heart of intense warfare.

These aren’t just games; they’re adrenaline-filled battlefields where luck changes with every strategic move and pixel-perfect shot. And when you dive into online crypto sports betting, you don’t just watch the action. You become a part of it. Are you a fan of League of legends or Harstone? With the best Bitcoin sportsbooks, you can immerse yourself in an interesting journey combining the best of gaming and betting.

Virtual Sport

Virtual sports is more than just a gaming trend. It is a revolution that has taken over the online betting world. It’s like a virtual Colosseum where you command and watch virtual events unfold before your eyes.

Virtual sports is no ordinary gaming experience, like Bitcoin betting on F1; it’s a realm where software weaves magic to create competitions, races and showdowns. The beauty of virtual sports lies in its round-the-clock availability. You no longer have to wait for real matches. It’s like having a secret portal to an always-on sports arena where your predictions come to life at the speed of a click on the best Bitcoin betting sites.

There are analogs for most real-life sports:

• football;
• horse racing;
• dog racing;
• tennis;
• basketball, and so on.

Betting with Confidence: Understanding Sports Betting Odds

Competitive odds are the key to unlocking your winning potential.

Imagine checking out a match and seeing odds like +150 or -110. These odds are like a secret language telling you how much you can win (or should risk) for every dollar bet. Positive odds mean bigger payouts if you win, while negative odds define how much you need to bet to win a hundred dollars.

Let’s look at how odds work with specific examples. Imagine that you are interested in a soccer match between two teams. Team № 1 showed better results in the football season. The odds are presented as follows:

• Team 1: 2.00
• Team 2: 3.5
• Draw: 2.5

If you place a $10 bet on Team № 1 and they win, you would get $20 back ($10 x 2.00). Accordingly, you would get $35 for betting on team № 2 in such a case, and $25 for a draw.

You see, higher odds mean higher potential profits, but lower chances of winning. In this example, the victory of team № 1 is more expected. In turn, lower odds mean lower potential profits but higher chances of winning.

Understanding competitive odds will help you make smarter bets. For example, you spot a team with high odds that other players might not have noticed – that’s where your advantage lies. The right strategy on the online crypto sports betting platform is not only about rooting for your favorite team. It’s about using odds for strategic bets that can lead to big wins.

The good news is that Bitcoin sportsbook platforms often provide significantly more competitive odds compared to traditional betting sites.

Types of Crypto & Bitcoin Bets

In addition to a large number of bonuses, you will have to face a large number of different bets. Of course, you can choose two or three types and use only them, but variety is more fun, isn’t it? When using crypto sportsbooks, you’ll find a variety of bet types available to choose from. Here are some common types of sports bets you can place.

Moneyline

A Moneyline bet is a straightforward wager on the outcome of a game, where you pick the team or individual you believe will win. Odds are assigned to each team or player, indicating the potential payout for a correct prediction. On sports betting cryptocurrency sites, you can easily place moneyline bets using your preferred digital currency.

Totals Over/Under

In Totals, also known as over/under betting, you predict whether the total score or combined points scored in a game will be over or under a specific number set by the crypto sports betting sites. It doesn’t matter which team wins; you’re solely focused on the total score. Cryptocurrency sportsbooks provide the opportunity to place over/under bets using your preferred digital assets.

Point Spread

Point spread betting involves wagering on the margin of victory or loss for a specific team. The sportsbook sets a point spread, which is a handicap applied to the favored team. To win the bet, the team must win by a margin greater than the point spread. Conversely, the underdog can cover the spread by losing by less than the point spread. Crypto sportsbooks offer the convenience of placing point-spread bets using cryptocurrencies.

Futures Bets

Futures bets are long-term wagers on events that will occur later in the season or tournament. For example, you can bet on the eventual winner of a league, championship, or individual award. Crypto sportsbooks allow you to place futures bets with ease, using your preferred digital currencies for a potential long-term payout.

Prop Betting

Prop bets, short for proposition bets, focus on specific events or milestones within a game or match. These can range from predicting the first team to score, the number of goals or points scored by an individual player, or even non-sporting events related to the game. Crypto sportsbooks offer a wide range of prop betting options, providing an exciting and varied betting experience.

Parlay Betting

Parlay betting involves combining multiple bets into a single wager. To win a parlay bet, all individual bets included in the parlay must be correct. This type of bet offers higher potential payouts but carries a higher risk. Crypto sportsbooks enable you to place parlay bets using cryptocurrencies, providing flexibility and convenience.

How to Bet on Crypto Sportsbook Platforms?

For those who are just starting out, placing your first bet might seem a bit overwhelming. That’s why you can use our helpful step-by-step guide to make your online gambling journey easier.

1. To start placing sports bets with Bitcoin, make sure you have a Bitcoin wallet. There are different types of wallets. Popular options include Coinbase, Exodus, Ledger Nano S, Trezor, and some others. They offer different levels of security and convenience, so choose the one that best suits your needs.
2. Choose a suitable Bitcoin betting site and create an account there. Don’t forget to learn as much as possible about the features of the platform: casino games and the number of sports for betting, deposit bonus offers and conditions for withdrawing money.
3. Top up your account balance on the website. In your crypto wallet, find the “Send” option. Paste the wallet address of the betting site into the “Recipient” field and enter the amount you want to deposit. You can now use these funds to place bets.
4. Make your bet and enjoy the results.
5. In case of winning, you can withdraw funds. If there are multiple withdrawal options, select a cryptocurrency – in our case, Bitcoin. Enter the address of your Bitcoin wallet where you want to receive money. If the withdrawal process is successful, you’ll get your funds very fast. Please note that some betting sites may charge withdrawal fees.

Сongrats! You’re ready to start your crypto betting journey.

Are Crypto Betting Sites Safe?

Worried about the safety of the chosen sports betting site? You’re not alone. This question worries many novice casino games players. But we’re here to tell you that your worries are unfounded – and here’s why.

The best Bitcoin betting sites take security seriously with the most up-to-date measures to protect your confidential information and funds. BTC betting sites use powerful encryption methods. Thus, it’s almost impossible for hackers to access your data. Moreover, Bitcoin’s underlying technology, known as blockchain, significantly increases the level of protection. All your money transactions are transparent and protected from unauthorized access.

But this is all true only for the best Bitcoin sportsbooks that are licensed and have a good reputation among players. The key to fair play is to choose a reputable sports betting site. User reviews and ratings can help you evaluate the reliability of the platform. You can also explore our website which offers a selection of the best Bitcoin betting sites that are 100% trustworthy and licensed.

Let’s learn more about Bitcoin betting site licenses.

Crypto & Bitcoin Sports Betting Regulations

All people associate the word “license” with security. The same is the case in crypto betting – it is always better to choose those licensed crypto sports betting sites and decentralized sports betting sites.

Below we’ll look at what licenses for a crypto sports betting site mean, what types of licenses there are and why you, as a user, should pay attention to this aspect.

Crypto & Bitcoin Betting Legitimacy Facts

The government interferes with the Bitcoin betting site’s work less than with regular sports betting sites’ operation. However, they are still obliged to check the following points:

• how safe are the players’ funds on the BTC betting site;
• how honestly the results are calculated;
• whether the winnings are paid to clients;
• how honestly the Bitcoin betting site conducts its activities.

There are a bunch of licenses that are especially popular among Bitcoin betting websites, such as Curacao, Malta, Costa Rica, and Montenegro.

Let’s check if they are worth the attention.

Bitcoin Betting License – Curacao

Curacao is the very first license that a crypto sports betting site may choose. The reasons are simple – it’s pretty fast, cheap, and easy to get. According to the latest data, the Bitcoin betting site must make a one-time prepayment of 36,000 USD and then pay 6,000 USD monthly within two years. After the expiration of two years, negotiations usually take place, where the BTC betting site tries to agree on a price lower than the previous one.

Bitcoin Betting License – Malta

The Maltese license was popular before, but now you rarely see it on top crypto betting sites due to the unreasonably high price. In general, a Bitcoin sports betting site that wants to get this license must make a one-time payment for obtaining a license is 20,500 EUR. But, every year, prices rise and can approach 800,000 EUR for Bitcoin sports betting sites with a significant turnover.

Also, the process of obtaining a license takes about six months. And if the Bitcoin sportsbook wants to get a Curacao license, it will take no more than a month.

In addition, this license has no practical application since it does not protect the players.

Bitcoin Betting Licence – Costa Rica

Costa Rica’s license is exciting. And the thing is that there is no such license. The fact is that in this country, it is enough to rent an office to obtain a “license,” the registration of which costs 9,000 USD. The company is registered and claims to be licensed in Costa Rica by fulfilling these conditions.

All this is nothing more than an action to avoid tax problems. The Bitcoin betting site with such a license will not necessarily deceive you. But keep in mind: if you see that the Bitcoin sportsbook has received a license from Costa Rica, you will receive no answer in case of a severe problem.

Bitcoin Betting License – Montenegro

Montenegro’s license is one of the most serious and reliable for cryptocurrency sports betting sites. It is expensive – $390,000, but it can be issued easily and in days.

Suppose you have a significant problem with the crypto sports betting website. In that case, you can feel free to contact the regulatory department in Montenegro, where they will investigate your situation and give an answer within a few months.

Mobile Crypto & Bitcoin Betting Apps

A variety of mobile applications have become our faithful companions, making life more convenient. And the best crypto betting site is well aware of this!

Imagine this: you are driving to work or just relaxing at home – with the Bitcoin betting site mobile application, your casino games and sports bets are just a tap away. A sports betting application can give you a lot of advantages:

• notifications that will help you quickly react to specific events and see the result of the bet immediately;
• a comfortable process of monitoring sports events;
• quick access to your dashboard, and so on.

And don’t worry, you won’t miss a single feature compared to the desktop version of the Bitcoin betting site.

Bitcoin Betting App – Android

Downloading the application of your favorite crypto sports betting site on Android couldn’t be simpler. You need to go to Google Play, enter the crypto sportsbook application’s name, and install it on your phone. Next, you will go through a quick login process, and you will have access to all your information at crypto sports betting Apps.

Bitcoin Betting App – iOS

It will also not be difficult for those who have an iPhone to install sports betting applications. Go to the App Store, download the crypto sportsbook app you need, and enjoy the convenience and many features. By the way, Bitcoin betting mobile apps are often much more convenient to use and have cool add-ons.

Most likely, you’ll also find a link to download the app right on the Bitcoin betting site.

Crypto & Bitcoin Betting – Deposits and Withdrawals

Without information on deposits and withdrawals, it’s impossible to define the best crypto sports betting platform. Below, based on our experience, we’ll discuss how these processes most often occur at gambling sites and Bitcoin sportsbooks.

Making a Bitcoin Betting Deposit

Let’s start with the main thing. To add cryptocurrency to your account on a BTC betting site, you’ll need the best Bitcoin wallet for sports betting. Once you have it (or have just installed and funded it), you can confidently select the cryptocurrency you wish to deposit into the crypto sportsbook.

The platform will provide you with the address for sending funds, and all you have to do is enter this address into the “Withdraw” field in your wallet’s menu. It may sound a little complicated, but in reality, it will take you 5 minutes – no longer.

Making a Bitcoin Betting Withdrawal

The procedure for withdrawing money is vice versa. You choose the crypto in which you want to withdraw cash, take the address of this crypto from your wallet and insert it into the “Withdraw” section on the platform. And, of course, indicate the withdrawal amount. This process is also speedy.

An important tip: while setting up the crypto wallet, you will receive the seed phrase with 12 or 24 random words. The app will ask you to save this phrase in a safe place, and you should do it. If you, for example, change or lose your phone and will need to restore access, only the seed phrase will help you with this. If you don’t have it, your money will be forever lost.

Conclusion

The world of online sports betting has witnessed a significant transformation with the introduction of Bitcoin sportsbooks and crypto betting sites. These platforms offer a range of advantages, making them a preferred choice for sports enthusiasts and cryptocurrency enthusiasts alike.

Bitcoin sports betting sites and crypto betting sites provide users with the opportunity to engage in sports betting using cryptocurrencies such as Bitcoin and other popular digital currencies. By incorporating cryptocurrencies as a payment method, these platforms offer increased security, privacy, and fast transactions. Choose the best Bitcoin betting site and enjoy your bets!

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