Best Bitcoin Betting Sites

Is Bitcoin Worth Trying on Betting Sites?

A mysterious collective who called themselves Satoshi Nakamoto launched Bitcoin in January 2009.

It remains by far the most popular digital asset and currently comprises almost half the market.

The hype surrounding Bitcoin is immense and has caused its value to skyrocket at different points.

Since Bitcoin is the top-ranked digital currency, most betting sites have no problem if you use it as your deposit method.

Punters may find the following benefits and drawbacks in using Bitcoin on these online betting sites:

The advantages of using Bitcoin on Betting Sites

• Bitcoin’s popularity means a significant number of betting sites give bonuses for using it as a payment method

• The capacity for Bitcoin to increase in value means even a tiny win now could yield a massive reward later

• Punters enjoy anonymity, so no one will know you’re betting on these betting sites

Cons of using Bitcoin on Betting Sites

• BTC is plagued by high transaction fees, which have grown over time

• If you use a shady betting site that steals your money, there is no chance of receiving a refund

• The extreme volatility of BTC means that the value of your winnings could decrease massively overnight

Benefits of Bitcoin Betting Sites

Are you looking to wager with Bitcoin but can’t decide if you want to go ahead?

There are many reasons to get started; here are some.

Fiat is becoming worthless

Fiat currencies are boring.

• Inflation makes their value go down continually.

• As long as governments stay in control of fiat currencies, they retain their hold on the financial world and keep their power.

• As for banks, they have complete control over the who, what, where, when, and why of fiat currency use.

Fiat currencies are not the future.

In 2021, Bitcoin represents the future.

Bypass geo-restrictions

You can exchange Bitcoin without intermediaries.

You don’t have to concern yourself with payment gateways.

Banks and credit cards? Forget about them!

If you live in a country with heavy restrictions, invest in a decent VPN to use BTC betting sites.

This action means you’re now free to bet even if the site normally wouldn’t accept users from your country.

Some end-to-end sports betting sites accepting Bitcoin also let you bet despite it being illegal in your location.

Disclaimer: Please note that we do not recommend or encourage illegal activity in any form. You are placing your investment at risk if you use sports betting websites that forbid users from your country. For instance, you could have your account frozen, which means you can’t access your money.

Nobody will know

Banks don’t like online betting sites.

Banks can cause problems for anyone who uses betting sites. They have even turned down the mortgage applications of many individuals for that very reason.

The fact that they only spent small sums on these betting websites was irrelevant.

It is different with Bitcoin betting websites. You can use them without the bank’s knowledge.

Also, your pastime remains a secret from everyone.

Ride the bull market

When wagering on standard sports betting sites with fiat currencies, you are wasting an investment opportunity.

With fiat currencies, you lose purchasing power every minute.

However, if you choose to bet on Bitcoin sports betting sites, your Bitcoin balance is much more likely to go up in value.

Financial independence

Have you ever struggled to deposit on sports betting sites? We have.

The bank froze the account of a team member for a month.

Here’s the reason. He wanted to put money into his sports betting site account and his first deposit was with a credit card.

What he didn’t know was that the UK applied a new regulation in April 2020.

It turned out he could no longer make deposits or withdrawals on betting sites. The bank even sent him an email warning him not to do it again.

Bitcoin keep your bank out of the picture permanently.

Faster, safer and better Betting Sites

Most traditional online betting sites that accept Bitcoin aren’t up to date.

These sites seem locked in a time warp with payouts taking days, poor customer service, and many other issues.

In contrast, the best sports betting sites that accept Bitcoin are designed for a modern audience with up-to-date technology.

This translates into better, more competitive, and safer Bitcoin sports betting sites overall, with better payments, more frequent bonuses and promotions, higher-quality support, and more.

Rapid payouts and higher limits

Traditional sports betting sites have to deal with payment gateways, bank account management, and a ton of financial regulations.

The result is that these betting sites have snail-like transactions, along with mediocre deposit and withdrawal amounts at best.

The best Bitcoin sports betting sites are mainly regulated by the Curacao Gaming Authority, which means a lower level of financial regulation.

This means you could receive immediate payments and limits you can live with.

In some cases, the top sports betting sites with BTC have NO limits on deposits and withdrawals, and you get your money instantly. This doesn’t happen with traditional betting sites.

That said, it takes time for different blockchains to process your transactions, so please take note of this.

A Short Guide to Bitcoin Betting

It is quite easy to find reading material on the advantages and disadvantages of using crypto on betting sites.

Locating decent sources explaining HOW to use it is another story.

We have spotted this gap and developed a quick guide on registering with Bitcoin betting websites and getting the best out of your digital currency.

Before we begin, please note the following:

The majority of sites only allow the use of a small fraction of the many digital coins available

Apart from a handful of stable coins, the market is extremely volatile, which adds an extra level of risk

Crypto transactions are irreversible, so if you make a mistake, you could lose all the money deposited or withdrawn

Check out our list and pick a Bitcoin Betting Site

Our reviewers forensically examined each BTC betting site that made it on our list.

We go through every relevant aspect of a site, including its reputation, customer service standard, and types of crypto it accepts.

Unfortunately, there are a significant number of dubious sports betting platforms.

If you’re unlucky and use a scam company, that may spell the end of your deposit.

As a result, looking into our broad review selection and reading about Bitcoin sports betting sites that interest you is a smart move.

When you’ve finished reading, you’re ready to take the right course of action.

Open an account on your Bitcoin Betting Site

It is time to register with your selected Bitcoin betting site once you fund your e-wallet with Bitcoin.

On occasion, the registration process is even shorter than with fiat currency gaming sites.

If you value quick registration, read our reviews to see if any Bitcoin sports betting websites stand out.

Furthermore, look for any promo codes we include to earn a bonus.

Most Bitcoin betting sites offer generous first deposit bonuses along with other gifts whenever you deposit crypto.

Get your BTC ready

If you’ve already put Bitcoin into your ewallet, start depositing if you want to earn a welcome bonus.

If your wallet requires Bitcoin, head to an exchange such as Binance and buy the asset of your choosing.

There are two ways to create a wallet: use a non-custodial wallet which means you’re responsible for its safety, or a hosted wallet.

Non-custodial wallet

If you want a non-custodial wallet, download an app (such as MetaMask or Coinbase Wallet), create an account, and securely record your security key.

Hosted wallet

Creating a hosted wallet is as easy as opening an account with an exchange you trust and using 2-step verification for extra safety.

Also, make sure you buy the coin you want to bet with on the Bitcoin betting website.

Or else the site will charge you a fee to convert the currency.

Another option is to read our reviews to see which companies sell Bitcoin on their sites.

Time to deposit!

The final step in the process involves depositing BTC into your account.

Check out the banking section of the Bitcoin sports betting website and follow the instructions to make your first deposit.

Remember, it only takes a minor error to cause big problems with a transaction and perhaps lose your deposit.

Review each Bitcoin sports betting company’s fees to ensure the one you choose doesn’t charge more than the industry average.

Lastly, patience is required when waiting for the money.

Our reviews reveal which BTC betting websites rank first and last for transaction times.

Wait around six hours and if you can’t see the money in your account, contact customer support.

Once again, you can find out which BTC sports betting websites excel in this department and which ones disappoint in our reviews.

What Will You Find on Bitcoin Betting Sites?

Both serious and casual punters are beginning to see the advantages of using BTC betting websites.

They realize that anonymity is one of the major benefits of using BTC.

Sports

BTC betting sites provide as many sports markets as traditional betting platforms.

BTC sports betting companies not only offer countless daily markets, but they also give you the chance to stake Bitcoin on huge events such as the World Cup.

It is also becoming apparent that the prices offered by Bitcoin betting sites are often superior to regular betting websites.

If that isn’t enough, BTC sports betting platforms also provide the following benefits:

• Low transaction fees

• Almost instant deposits and withdrawals

• A wide range of BTC specific bonuses

• An excellent level of security

• Fast registration revealing little personal data

Ultimately, with Bitcoin sports betting sites, you get the gaming experience you always wanted from other betting sites but could never get.

eSports

Estimates vary, but eSports now attract over 450 million viewers in what is a worldwide phenomenon.

eSports involve video games, and the most skilled individuals compete against one another on a global stage in tournaments.

Such is the reputation of eSports that they will likely feature in the Olympic Games one day.

Reputable Bitcoin betting sites jumped on the eSports trend and now rival standard sports betting sites regarding available events and markets.

If you want to learn more about electronic sports, it is best to perform research so you can identify the best individuals and teams.

There are plenty of important tournaments featuring games such as Overwatch, FIFA, and League of Legends.

Common markets on which you can stake Bitcoin include match outcome, over/under maps and handicap lines.

Bitcoin betting sites are helping promote eSports, so you can expect this form of entertainment to become ever more popular.

How To Pick The Best Bitcoin Betting Site For Your Needs?

When choosing the best Bitcoin sports betting site, here are some things to take into account.

Is your country on the Bitcoin Betting Site's prohibited list?

Punters are generally unaware of this aspect, even though this is the very first one you need to look at.

Legit Bitcoin sports betting websites will not allow you to register an account and deposit funds if you’re visiting the website from one of their restricted countries.

Unfortunately, this isn’t always the case. Some low-grade Bitcoin betting sites enable you to register and put money into your account, and all seems well until you enjoy some success and try to withdraw the money.

At this point, your account is flagged for verification. For some shameless BTC sports betting websites, the most likely result is that your account gets frozen and your funds confiscated.

This is why you must stick with Bitcoin betting websites that allow people from your country.

Bypassing this type of regulation will expose you and your funds, making it even more necessary to bet on trustworthy and legit sports betting sites with BTC.

Look for good Bitcoin sports betting sites that return your money even if they find out you’re not allowed to wager.

Stake is a fine example of such BTC sports betting platform.

Bitcoin Betting Site trustworthiness

When choosing your Bitcoin sports betting platform, there is another issue to consider.

Bitcoin transactions are fast, cheap (most of the time), and there’s no central authority behind them.

It is mainly a good thing, but one downside is that your Bitcoin transaction is final.

With no central authority, you’re unlikely to get your money back if you get ripped off.

That’s why reputation and ethics go a long way with BTC sports betting sites.

This is why we place such an emphasis on the reputation of the BTC sports betting sites we review.

To save yourself some time, have a look at our Bitcoin betting site reviews to make sure you only wager on safe Bitcoin sports betting sites.

Is fiat involved on the Bitcoin Betting Site?

There is a big difference between traditional sports betting sites accepting BTC and BTC betting sites (end-to-end).

Traditional Betting Sites

Traditional sports betting sites that accept Bitcoin will convert yours into fiat when you deposit.

The same will happen when you withdraw (if they offer Bitcoin as a withdrawal method); they will convert your fiat back into Bitcoin.

This means you don’t have any Bitcoin in your account after the deposit. You can also expect to pay transaction fees.

If you strongly believe in BTC, it makes no sense to convert them into fiat. Therefore, you should stick with end-to-end Bitcoin betting websites.

Why are end-to-end BTC Betting Sites better?

These sports betting sites that accept BTC generally accept a more comprehensive range of digital assets as deposit/withdrawal methods.

But most importantly, they allow you to bet with Bitcoin directly.

End-to-end Bitcoin betting sites allow you to leverage the benefits of Bitcoin, including:

• Faster withdrawals

• Higher payment limits

• More Privacy

However, don’t assume that you automatically get these benefits from every one of these BTC betting websites.

Just because these Bitcoin betting sites CAN give you these benefits, it doesn’t mean they WILL.

However, only the top Bitcoin sports betting sites offer most of these benefits.

Sports available

When choosing BTC sports betting websites, look for the ones that give you the best:

• Pick of sports

• Collection of lines

• Value

However, don’t automatically assume that sports betting sites with BTC with a decent sports offering are good Bitcoin betting sites.

You may discover Bitcoin betting sites that steal your money despite their apparent advantages.

Our suggestion to find the best offers and odds is to register on many legit sports betting sites with BTC.

From there, compare their offers for each sport and event that interest you.

Ultimately though, it is all about finding the best overall sports betting site with Bitcoin before exposing your Bitcoin, one that has an excellent reputation and allows users from your country.

Customer service

Without a high-quality customer service team to contact, you’ll become frustrated if you have any problems.

Especially if you are new to Bitcoin sports betting websites.

We provide you with crucial information on each site’s customer service standard on our review of the best Bitcoin betting sites in 2021.

Deposits and withdrawals

It is essential to find BTC betting sites that help you manage your transactions, and we typically take the following factors into account in our ratings.

Variety of payment methods

There is a disparity in the range of deposit and withdrawal methods available on betting sites.

Keep your options open by selecting a site that lets you deposit or withdraw in several ways.

Does the site offer fast withdrawals?

The Bitcoin space moves fast, and so do Bitcoin betting sites.

You may need your Bitcoin to trade them rapidly or participate in an event on another good Bitcoin betting site.

In some cases, Bitcoin betting sites process withdrawals in seconds. Other sites are slower and could take several days.

You’ll likely want to find BTC sports betting websites that process withdrawals ASAP.

How much can you withdraw?

You’ll find that standard sports betting sites often heavily limit the amount of money you can withdraw at once.

Most of them can’t pay more than the equivalent of $10,000 per month.

Such restrictions are a thing of the past when you use the top Bitcoin betting sites.

Yet, there are BTC betting sites that only allow you to withdraw small sums.

Why? Because they can’t afford to pay significant amounts of money in one go.

Still, the best Bitcoin betting websites, like Stake, offer unlimited withdrawals.

Therefore, it is wise to use safe Bitcoin betting sites with no withdrawal limits, especially if you wager big.

Selection of bonuses etc.

It is easier to split things into three distinct categories.

New customer offers

Most sports betting sites with Bitcoin offer welcome bonuses.

These bonuses can be pretty attractive; many of them offer to double your money or more.

If you think there is a catch, you’re correct!

Welcome bonuses often have certain conditions.

For instance, you may have to bet up to 60 times your initial deposit before you can withdraw, among other limitations.

Most of the time, it’s best to choose BTC sports betting sites that offer great promotions and VIP perks as they are much more valuable than the welcome bonus for 99% of users.

Promotions quantity and quality

Average sports betting sites that accept Bitcoin don’t go out of their way to provide great promotions.

They prefer to offer attractive bonuses, which have, in fact, a lot of strings attached to them.

On the other hand, the best sports betting sites that accept BTC like to keep things fresh for punters, and unique promotions are part of this strategy.

Besides the fun they add, these promotions can help you increase your balance over time.

VIP Program

These days, all good Bitcoin betting sites should offer strong VIP programs with clear benefits.

Otherwise, how do they keep punters interested?

Still, many of them don’t.

When done right, a VIP program can significantly boost the level of enjoyment.

That’s why we strongly recommend only the most legit Bitcoin betting websites with clear terms for their VIP program that offer generous rewards to their most loyal users.

Best Bitcoin Exchange For Bitcoin Betting Sites In 2021

Many exchanges have policies against Bitcoin betting websites.

You may find your account frozen and your funds confiscated if you’re caught using their website to fund your Bitcoin betting site account.

Believe us; it is simple for them to get this information. Want to know how? Let’s find out.

Top-rated exchanges can track transactions on the blockchain by using blockchain forensics software.

We quickly found out the quality of the software when we received notifications from some of these exchanges.

So, what is the best exchange for those who want to bet on BTC sports betting sites?

For our money, Binance is the right option.

Binance is the largest exchange globally, and they allow users to wager on sports betting sites with Bitcoin.

We believe it is the best exchange because of its high level of security and small fees. It also lets you withdraw quickly and offers a massive number of currency pairs.

This exchange allows its clients to begin betting on sports betting sites with BTC easily.