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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Author: Alfred Necaisse
Updated: 09/06/2021 11:09 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.
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.
Unlike fiat currency sportsbooks, good crypto betting sites can be a little tricky to find. This is because there are not many of them out there and because some crypto betting sites are not as good as they promise to be. To separate the crypto betting wheat from the chaff instantly, we advise you to read our four-step guide. It will help you recognize a good crypto sportsbook when you see one and will improve your crypto betting experience as a result.
Step 1
The first thing you need to do is check that the sportsbook accepts the cryptocurrency you want to play with. This shouldn't be a problem if you are playing with Bitcoin or Ethereum, as most sportsbooks accept them. However, if you want to play using less popular digital coins like Dogecoin, Tether, or Litecoin.
Step 2
There are a couple of ways in which you can do this. First, see if the crypto sports betting site has a gambling license. Another decent indicator of the trustworthiness of a crypto bookmaker is the security technology it utilises. Always go with sportsbooks that use data encryption and the latest in fraud prevention mechanisms.
Step 3
Responsive customer service is a must when betting with crypto, and you should only choose sportsbooks that have quick to react help-desks. The easiest way to test this is to contact customer support. When you do this, we advise you to see how fast help-desk staff responds to your inquiry, as well as how helpful they are.
Step 4
Lastly, go to the list of sports and see how many listings there are in it. If there are less than five or ten, that is a mediocre crypto bookmaker, and you better avoid it. For your next test, click on a few of the games and sports events and see the number of markets they boast and how enticing the odds.
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
ConsYou 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 |
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Lots of sports and markets
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Some Fiat payment methods, such as bank transfers, are quite slow
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Registration and depositing at Fiat betting sites can be a complicated and time-consuming process
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Some Fiat payment methods such as E-wallets come with higher transaction costs
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You reveal your personal information when you bet using Fiat money
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Fiat betting sites have more bonuses and promotions than crypto sportsbooks
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| Crypto Betting Sites |
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A varied sports betting offer and a lot of betting markets
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Most cryptocurrency betting sites allow for instant deposits and fast withdrawals
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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
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Cryptocurrency transactions come with minimal fees as cryptos are decentralized
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Cryptocurrency transactions are relatively anonymous
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The number of crypto bonuses can be higher
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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.
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.
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.
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.
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.
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.
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!
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.
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.
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.
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.
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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