Best Decentralized Betting Sites for 2024

What Is Decentralized Sports Betting?

It isn’t just about placing bets. It’s a new way to engage in sports gambling, combining the betting excitement with the latest in tech innovation. Let’s get down to the details.

• Understand the basics: Decentralized online casinos run on something called a blockchain. Think of it like a digital ledger, where all transactions get recorded. This isn’t in one place, but spread across a network, making it super secure and transparent.
• How it differs: Decentralized crypto casinos do not have a central authority. This is a stark contrast to traditional sports betting websites where a single entity has control. Decentralized gambling sites follow a community-driven approach, ensuring fairness and openness. Here, the control isn’t in the hands of a single bookie or casino but rather distributed among the users. This approach, powered by smart contracts, automates processes like payouts.
• Why It’s Cool: This way of betting gives you more control and security. No one can tamper with your betting activities or the outcomes because it’s all on the blockchain. The key benefits include instant payouts and sometimes even lower fees than with traditional casinos online.

Also, using DeFi and Web3 on these sites makes things more open and gives you more control, which is just what decentralized betting is all about.

Digging Deeper: DeFi and Web3 in Decentralized Sports Betting

• DeFi stands for Decentralized Finance. Imagine that you don’t need a bank to make a transaction – that’s what DeFi does. It lets you make transactions directly on the blockchain, no middlemen involved. This means you usually pay less in fees, get your money moved faster, and have a more transparent betting experience.
• Web3 is like the new, upgraded version of the internet. It uses blockchain technology, the same tech behind things like Bitcoin. Web3 betting means you’re not just placing bets at a gambling site; you’re also in charge of your data and money. It’s all about making betting more about you and less about big companies.

Thus, decentralized casino sites represent a significant shift in the crypto casino space. It’s not just a new way to bet but a complete overhaul of the gambling experience, emphasizing fairness, security, and user empowerment.

Best Decentralized Sports Betting Sites

There aren’t many decentralized casino sites out there, but the few that exist are real treasures. My team and I diligently researched and meticulously evaluated a variety of leading crypto casino and crypto sportsbook websites. We’ve found the best decentralized online casinos that stand out in this innovative market. Our top recommendation is the following:

Dexsport Web3 Betting – the First Decentralized Betting Platform

Dexsport is a decentralized sports betting platform that operates globally and overcomes jurisdictional restrictions. Its user-centric design caters to a diverse audience, making it more than just a regular decentralized gambling site.

The platform’s use of blockchain technology places it firmly ahead in terms of security and privacy. This decentralized network ensures all betting activities and transactions are transparent.

Gaming Options

The platform offers betting on various sports events including popular choices like football, basketball, and tennis – all come with competitive odds – and eSports options.

Dexsport offers provably fair games like decentralized Dice games, Crash, Mines, Plinko, and Keno. But the site doesn’t currently provide some of the classic casino games like slot games, lottery games, Roulette, card games, or live casino games.

No KYC Requirements

Registration in Dexsport is exclusively through crypto wallets, bypassing traditional payment methods. Their primary payment method is the native cryptocurrency DESU. Being a decentralized betting platform, Dexsport has no KYC requirements, offering users access and completely anonymous payouts in less than a minute. This platform does not provide any welcome bonus, there are only VIP program exclusive rewards.

Dexsport is one of the best decentralized casino sites we have been able to find so far.

o games, offers an unforgettable experience. Choose a decentralized sports betting platform, make your first deposit, get your promo code and enjoy the innovations in the world of online gambling.  

How We Evaluate Decentralized Sports Betting Platforms

My team and I thoroughly review many decentralized gambling sites. We always focus on delivering helpful insights about these cutting-edge platforms. We’re not just skimming the surface; we’re searching for the details to bring you comprehensive reviews. Here’s our detailed, step-by-step approach:

1. We Select Well-known betting platforms: We start by handpicking the best decentralized casinos. It’s crucial to choose those that have made a mark in the crypto gambling world, ensuring we’re looking at quality sites.
2. We Test Deposits and Transactions: Next, we roll up our sleeves and get down to the nitty-gritty. Our team has an array of crypto wallets, and we test multiple payment methods on each site. We’re checking how quick and easy it is to make a minimum deposit in, say, Bitcoin Cash, USDT, or other cryptocurrencies. The speed, reliability, and any associated fees are all under our microscope.
3. We Evaluate Bonuses and Conditions: Bonuses can be a big draw, but they’re only as good as their wagering requirements. We always grab these bonuses and try to win them back personally. This hands-on approach gives us a real feel for the bonus wagering requirement games.
4. We Check Out Games and Sports Gambling Options: A great decentralized sports betting platform needs to have a proper selection of sports bets. We look at everything from casino games and virtual dealers to sports betting options. Our team compares these offerings to other sites, checking if the odds are competitive and if the games are truly provably fair.
5. We Interact with Customer Support: Customer service can make or break a gambling experience. We always lean towards sites with live customer support. We bombard them with questions, both simple and complex, to gauge their responsiveness and helpfulness.

Our goal is to identify the best decentralized gambling sites that excel in all these aspects. It’s about finding those platforms that not only promise a great gambling experience but also deliver on those promises.

My Betting Experience on Dexsport

Recently, I started enjoying sports betting on Dexsport. My first step was registering on the site using Trust Wallet. It was a breeze – secure and straightforward. Although there weren’t any eye-catching bonus offers, the allure of the bets more than made up for it. 

The decentralized nature of Dexsport meant that my registration and transactions were not only quick but also had an added layer of security, thanks to blockchain technology and smart contracts. Choosing Dexsport’s native DESU for my bets, I converted 200 USDT into 50,676.9 DESU.

My Football Bet:

My first stop was the sports betting section. I chose a gripping UEFA Champions League match – it was a showdown between Manchester United and Barcelona. The odds were pretty tight; Manchester United was slightly favored with odds of 2.5, but Barcelona, with their formidable lineup, had odds of 2.7. I decided to bet on Barcelona, drawn by the prospect of a higher payout. I wagered 15,000 DESU on them, hoping their star forward would work his magic on the field.

The match was a rollercoaster. Barcelona dominated the first half, scoring an early goal. The excitement was palpable, but Manchester United turned the tables in the second half, scoring twice. The match ended 2-1 in favor of Manchester United. It was a loss for my bet, but the thrill of the game made it worth it.

My Dota 2 Bet:

Next up was the Dota 2 bet. I chose a match from The International, featuring Team Secret versus OG – a classic rivalry. The odds were 1.8 for Team Secret and 2.2 for OG. I put 10,000 DESU on Team Secret, banking on their recent winning streak.

The Dota 2 match was an intense battle of wits and strategy. Team Secret showed incredible team coordination early in the game, gaining a significant lead. However, OG made a stunning comeback in the mid-game, securing crucial team fights. The game was neck and neck, but ultimately, Team Secret clinched the win with a decisive late-game play. My bet paid off!

Outcome:

My journey with Dexsport highlighted the major advantage of gambling on a decentralized sports betting platform – how easy and fast it was to withdraw my winnings. I didn’t have to go through lengthy verification processes or wait for days for my winnings. Everything was quick and straightforward. The lack of verification is a significant plus. On regular crypto sportsbooks, you often have to submit various documents and wait for approval, which can be a hassle. But on Dexsport, I avoided all that. My winnings were mine to withdraw in just a few clicks, and the transfer to my crypto wallet was almost instantaneous.

Decentralized Betting Platforms vs. Traditional Online Casinos

Aspect	Decentralized Betting Websites	Crypto Betting Sites	Traditional Online Casinos
Currency Usage	Exclusively deal in cryptocurrencies.	May allow both crypto and fiat currencies.	Primarily use fiat currencies.
Country Limitations	Fewer restricted countries.	May have country-specific restrictions.	Often restricted in various jurisdictions.
Personal Information	No personal information required.	Might request personal details for registration.	Typically require personal information.
Withdrawal Limits	Generally higher withdrawal limits.	Varies, some have lower minimum limits.	Set minimum and maximum withdrawal limits.
Security	High security with blockchain and smart contracts.	Varies; not all utilize blockchain technology.	Depends on the platform; may lack blockchain security.

eSports & Sports Betting at Decentralized Casinos

Decentralized sports betting platforms are quickly becoming a favorite for sports and eSports enthusiasts. They cover a wide spectrum, from popular sports like football and basketball to strategic eSports such as League of Legends and Dota 2. Most decentralized sports websites don’t just focus on mainstream events; they also offer opportunities for niche sports fans.

The diversity in betting markets is a major draw. A key feature of the best decentralized gambling sites is their competitive odds. This aspect is particularly beneficial for bettors who deeply understand betting odds and their influence on potential returns.

Sports Betting Options on Decentralized Platforms

Sport	Types of Bets	Events Covered
Football	Match Winner, Over/Under, Handicap	Domestic Leagues, UEFA, World Cup
Basketball	Point Spread, Totals, Money Line	NBA, EuroLeague, FIBA
Tennis	Set Winner, Total Games, Correct Score	Grand Slams, ATP, WTA
Baseball	Run Line, Totals, Inning Bets	MLB, World Series, International Leagues
Cricket	Match Outcome, Top Batsman, Total Runs	IPL, The Ashes, World Cup
MMA	Fight Winner, Method of Victory, Round Betting	UFC, Bellator, ONE Championship
Boxing	Fight Winner, Round Betting, Method of Victory	Major Title Fights, Olympic Boxing
Golf	Tournament Winner, Head-to-Head, Top 10 Finish	PGA Tour, The Masters, Ryder Cup

eSports Betting Options on Decentralized Platforms

eSport	Types of Bets	Events Covered
League of Legends	Match Winner, First Blood, Total Kills	World Championship, LEC, LCS
Dota 2	Map Winner, Total Kills, First Roshan	The International, DPC, ESL One
CS:GO	Map Winner, Total Rounds, Pistol Round Winner	Majors, ESL Pro League, BLAST Premier
Overwatch	Match Winner, Map Winner, Total Maps	Overwatch League, World Cup, Contenders
FIFA	Match Outcome, Total Goals, Handicap	eWorld Cup, Global Series, eNations Cup
Fortnite	Tournament Winner, Total Points, Most Kills	Fortnite World Cup, FNCS, DreamHack
Rocket League	Game Winner, Total Goals, Series Winner	RLCS, DreamHack, RLSS
StarCraft II	Match Winner, Map Winner, Total Maps	GSL, WCS, DreamHack

Pros And Cons of Decentralized Sports Betting Platforms