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Crypto Sports Betting

Crypto betting is all the rage with punters these days. It allows sports bettors to make the most of the cryptocurrency they own and bet at some of the best crypto betting providers.

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Table of Contents

Author: Steven D. Thompson

Updated: 14/09/2021 5:45 AM

Crypto sportsbooks have top-quality sports betting offers and boast hundreds of different wagering markets. And they accept most digital currencies out there. Read on to find out more about crypto betting, how it works and how to find a good sportsbook.

Best Crypto Sports Betting Sites

You might think that all Bitcoin betting sites are the same, but that's not the case. Some crypto wagering providers are better than others, and some are head and shoulders above everyone else. We advise you to play at these top-notch Bitcoin betting sites and settle for nothing less. Here, we do our part to help you in your search, and we feature the best crypto sports betting sites.

These are the creme de la creme of cryptocurrency sports betting and have the most sports, games, and markets on offer. They also allow you to start playing with them instantly, and they make depositing and withdrawing a breeze. If you are looking for a safe crypto betting experience, these sites should be your first picks.

Pros & Cons

The great thing about cryptocurrency sports betting sites is that there are far more advantages than drawbacks when using them. Crypto transactions are superior to Fiat money transactions in more ways than one. The same is true of crypto sports betting sites. They come with a unique set of perks that make them the logical choice for twenty-first-century punters. However, they also have a couple of disadvantages you should know about. Here are the pros & cons of using crypto to bet on sports.

...Pros
  • Bet anywhere in the world using cryptocurrency
  • Relative anonymity
  • Instant deposits
  • Reliable crypto sportsbooks are safe and secure
  • A varied selection of crypto payment methods
  • Minimal fees for transactions
  • You don't have to worry about inflation
...Cons
  • Crypto sportsbooks are more difficult to find
  • Crypto withdrawals might take some time
  • The cryptocurrency market is not that well regulated
  • Cryptocurrencies are volatile

FIAT vs Crypto Betting Sites

You don't have to be an expert to see that crypto betting sites have clear advantages over Fiat money sportsbooks. This is particularly true when it comes to expediting lengthy Fiat sportsbook processes such as registration and depositing. However, as innovative as crypto bookmakers are, Fiat betting sites still get better grades in the bonuses and promotions departments. Here's how Fiat and Crypto betting sites compare to each other in all wagering segments.

FIAT Betting Sites
Lots of sports and markets
Some Fiat payment methods, such as bank transfers, are quite slow
Registration and depositing at Fiat betting sites can be a complicated and time-consuming process
Some Fiat payment methods such as E-wallets come with higher transaction costs
You reveal your personal information when you bet using Fiat money
Fiat betting sites have more bonuses and promotions than crypto sportsbooks
Crypto Betting Sites
A varied sports betting offer and a lot of betting markets
Most cryptocurrency betting sites allow for instant deposits and fast withdrawals
You don't waste any time registering and depositing at crypto betting sites as the BTC, ETH, DOGE, is in your crypto wallet, ready to be used instantly
Cryptocurrency transactions come with minimal fees as cryptos are decentralized
Cryptocurrency transactions are relatively anonymous
The number of crypto bonuses can be higher
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Top 10 Crypto Bookmakers

Rank Boomaker Bonus License
1. Sportsbet 10% Cashback Curacao
2. Rizk 100% up to €100 MGA - UKGC
3. Sportaza 100% up to €100 Curacao
4. Betwinner 100% up to €130 Curacao
5. Slots n Bets 100% up to €100 Curacao
6. LV BET 100% up to €100 MGA
7. Casino360 100% up to €100 Curacao
8. MrPlay 50% up to €50 MGA - UKGC
9. Vbet 100% up to €100 Curacao - UKGC
10. TrustDice 100% up to €30 Free Bet Curacao
Rank
1.
Boomaker
Sportsbet
Bonus
10% Cashback
License
Curacao
Rank
2.
Boomaker
Rizk
Bonus
100% up to €100
License
MGA - UKGC
Rank
3.
Boomaker
Sportaza
Bonus
100% up to €100
License
Curacao
Rank
4.
Boomaker
Betwinner
Bonus
100% up to €130
License
Curacao
Rank
5.
Boomaker
Slots n Bets
Bonus
100% up to €100
License
Curacao
Rank
6.
Boomaker
LV BET
Bonus
100% up to €100
License
MGA
Rank
7.
Boomaker
Casino360
Bonus
100% up to €100
License
Curacao
Rank
8.
Boomaker
MrPlay
Bonus
50% up to €50
License
MGA - UKGC
Rank
9.
Boomaker
Vbet
Bonus
100% up to €100
License
Curacao - UKGC
Rank
10.
Boomaker
TrustDice
Bonus
100% up to €30 Free Bet
License
Curacao

Best Crypto Bookmakers by Category

Feature Name
Best Crypto Bookmaker Sportsbet
Best Mobile Bookmaker Rizk
Best Live Bookmaker Sportaza
Best New Bookmaker Betwinner
Best Promotions LVBet
Best Odds TrustDice
Feature
Best Crypto Bookmaker
Name
Sportsbet
Feature
Best Mobile Bookmaker
Name
Rizk
Feature
Best Live Bookmaker
Name
Sportaza
Feature
Best New Bookmaker
Name
Betwinner
Feature
Best Promotions
Name
LVBet
Feature
Best Odds
Name
TrustDice

Crypto Gambling Tips

You can improve the success of your cryptocurrency bets if you play with the right crypto gambling tips. Cryptocurrency gambling is not that different from Fiat money betting. However, you need to bear some things in mind before placing your Bitcoin bets, as they are also unique in their way. Here are several Bitcoin gambling tips that will take your digital currency wagers to the next level.

Know Your Sports

As with any other form of sports betting, Bitcoin wagering requires you to know your sports. You can have loads of digital coins and have an excellent understanding of how the blockchain works. However, if you don't do your betting homework and don't bet on the right sports market, you will have very little success.

Our advice here is to bet on sports that you know well and regularly follow. For instance, if you are an avid football or basketball follower, we suggest you bet on events from these sports. Similarly, if E-sports are your forte, bet on events from CS: GO or DOTA 2.

On the other hand, even though sports such as horse racing present some very lucrative betting opportunities, they might not be your best options. If you have never attended a horse race in your life, maybe it is not such a gooda to place BTC wagers on horses you have never even heard of too.

To be successful at Bitcoin betting, stick to the sports you know and love. Doing this will increase your chances of having winning BTC wagers and maximize the profit from your Bitcoin bets.

Choose the Right Betting Market

It's not just the right sport that can affect the success of your cryptocurrency bets. Your wagering profit can increase if you bet on the right betting markets too. 

People often mistake limiting themselves to only one wagering market, such as the match-winner one. Going with only one betting option might seem like the right move for wagering beginners who are learning the basics of betting. However, if you want to increase your gambling win rate, we strongly recommend that you try out different bet types.

And there are quite a lot of Bitcoin betting markets to choose from in addition to that match winner market. These include wagering propositions such as:

When you bet at the top BTC sites, you can access all of these markets and hundreds more. That means you can bet on exactly the bet type you want and increase your chances of winning as a result.

Moreover, most quality Bitcoin sportsbooks these days offer live betting too. Wagering on the action as it happens is a unique opportunity to see how teams and players perform during the game and then bet accordingly. That means that betting in-play is another way to increase your win percentage and improve the success of your Bitcoin bets.

Play at the Best Cryptocurrency Sports Betting Sites

The best Bitcoin wagering sites can offer more to BTC punters. They have more bet types, offer a fair share of betting markets, and boast top-quality customer support service. 

The best Bitcoin bookmakers also have a wide range of promos ranging from first deposit bonus offers and free bets and the highest odds in the sports betting industry. They even have casino sections that include the best BTC casino games to give players more gambling options while taking a break from all that betting. 

Therefore, if you are serious about taking your Bitcoin gambling experience to the next level, find a top-rated cryptocurrency betting site right now. A quality BTC sportsbook will allow you to make the most of each bet and give you all the tools you need to enjoy your crypto sports experience to the fullest.

Bankroll Management - Your Number One Priority

Managing your money is crucial when you gamble at Fiat currency bookmakers. Those same rules apply when you bet using cryptocurrency. That means you must have a betting budget, as well as know how much you can spend each month on wagers.

As a rule of thumb, you should only spend the Bitcoin that you can afford to lose. In other words, organize your betting bankroll in a way that betting losses won't affect your daily budget. For instance, if you can afford to lose 0.02 BTC a month, that should be your betting budget. That means that once you lose 0.02 BTC a month, you will stop gambling and will wait for the next month to come before you can again deposit BTC into your wagering account. 

The opposite can happen when you win. For instance, if you win 0.01 BTC in a given month, you can increase your budget by that much and play with more until the end of the month. If you have Bitcoin in your betting or casino account at the end of the month, you can withdraw it, invest it, visit an exchange or do whatever you wish with it.

Bitcoin transactions that take place on the blockchain do not make them any different from Fiat money deposits. You still have to plan how much you spend and use your money in the best way possible when you win. A little bankroll planning can go a long way when you are betting using cryptocurrencies.

Be on the Lookout for Bitcoin Bonuses

One of the drawbacks of playing at sportsbooks that accept cryptocurrencies is that they don't have as many bonuses as Fiat money betting providers. However, if you choose right and opt for a generous cryptocurrency sportsbook, you can get your fair share of Bitcoin bonuses too.

Some of the cryptocurrency bonus offers that you can find include:

As you can see, there are a lot of bonus offers that Bitcoin players can use. The first deposit bonus is the most lucrative among these. As the name implies, you get it when you make your first deposit with a cryptocurrency bookmaker. For instance, a cryptocurrency sportsbook can double your initial deposit up to 0.01 BTC. That means that you will play with twice the money and increase your chances of winning as a result.

Free bet bonuses are also enticing. With a free wager promo, you can place a bet with the bookmaker's funds. All you might need to do is enter a promo code, opt-in for the bonus, and you will be playing carefree.

Risk-free wagers allow you to play carefree too. If your bet wins, you collect your winnings. However, if your bet loses, the bookmaker will return your stake in the form of bonus funds. You can use these to place other wagers in the future.

All in all, cryptocurrency bonuses can be enticing, provided you find a sportsbook that has them. Fortunately, the cryptocurrency betting operators we feature on our site have all the promos you need. In other words, you don't have to look far to locate a top-quality Bitcoin bonus.

Conclusion

Cryptocurrencies have become an intrinsic part of top-tier sports. For instance, Watford FC partnered with Bitcoin a couple of years ago, and the Vicarage Road side put the BTC logo on its official match shirt. Similarly, the Sacramento Kings became the first NBA organization to accept Bitcoin payments as early as 2014. Other NBA franchises followed. Even professional players are getting in on the act. Recently, the NFL No. 1 overall draft pick, Trevor Lawrence, signed a lucrative endorsement deal with Blockfolio, a cryptocurrency app that allows you to follow multiple exchange listings from one place.

Therefore, it is not surprising that sportsbooks that accept cryptocurrencies have also exploded in popularity. These days, you can bet on sports at tons of sites that accept cryptos. These Bitcoin sportsbooks allow you to place bets using the digital money you own and let you enjoy the unique perks of Bitcoin betting at the same time. Anonymity, secure transactions, and minimal fees are just some of why people opt for sites that accept Bitcoin rather than bookmakers that work with Fiat currency, such as the Euro or US Dollar.

Bitcoin betting does come with one lingering problem, though. It is sometimes tricky to find reliable and trustworthy cryptocurrency betting providers.

That's where we come in. On our site, we list proven Bitcoin betting operators and review them in detail. All sportsbooks you can find here come expert-vetted, meaning they have passed a battery of tests before they have earned their right to be featured on our site. Whichever one you pick, you won't make a mistake.

Choose youral cryptocurrency sportsbook today, and start making the most of your Bitcoin wagers right away!

Frequently Asked Questions

How do you bet with crypto?

You can bet with crypto in the same way as you would bet using any fiat currency. All you need to do is transfer your digital coins from your crypto wallet to your sports betting account. Once the crypto is there, you can start placing your bets.

Can you gamble with cryptocurrency?

Yes, you can. You can gamble using all the major cryptocurrencies, such as Bitcoin, Ethereum, Dogecoin, Litecoin, etc. However, to do this, you have to find sports betting sites that accept crypto first.

Is crypto gambling safe?

Yes, it is. As long as the online gambling provider is licensed and regulated by a reputable authority, all crypto bets you will place will be safe.

Can you get rich from sports betting?

You sure can. However, you have to put a lot of effort into coming up with well-thought-out bets if you don't want to rely solely on luck. If you are looking to get rich from sports betting, spend some time analyzing previous performances, results, focus on players' form and stats, etc.

Is it safe to send Bitcoin to my sportsbook account?

Yes, it is. To send Bitcoin to your betting account, you don't have to enter any sensitive information such as bank account ID or email address. You only enter your Bitcoin wallet address and choose the amount of cryptocurrency you want to deposit. That's it.

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