In this ultimate resource, you will discover the best Olympics Bitcoin bookmakers in 2021 available in real-time.
You will find tips and guidance on how to enjoy these 2020 Olympics BTC bookmakers.
Please keep reading to see our table, which shows the best 2020 Olympics Bitcoin bookmakers around.
We feel that these sites are the best around with great reputations. All of them provide end-to-end Bitcoin services, so you can deposit, withdraw, and play in Bitcoin.
In this article, we look at:
The benefits of Olympics bookmakers accepting Bitcoin
How to choose your 2020 Olympics Bitcoin bookmakers
The best exchange to use on 2020 Olympics Bitcoin bookmakers in 2021
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Last year, Tokyo was set to host the Olympics, when a global pandemic put everything on hold.
Thankfully, the Olympics will now happen in the Japanese city from July 23 to August 8, 2021.
It represents a great chance to use Olympics Bitcoin bookmakers for the sports you’ve always liked or recently became interested in.
Don’t hesitate, because the Olympic Games only happen once every four years. Indeed, it is five years since the last one in Rio de Janeiro.
The eyes of the world are on this magnificent sporting festival.
It is a proud moment for all the athletes who get the chance to put all their hard work into practice.
You’ll likely find at least one sport you never knew existed when you watch the Olympics.
So, why should you use Bitcoin bookmakers for this carnival of sports?
Register, and you’ll soon find out. The best 2020 Olympics Bitcoin bookmakers let you play on more markets than you can count.
For over a fortnight, you’ll have access to a remarkable number of sporting events on a wide range of 2020 Olympics bookmakers accepting Bitcoin.
If you have real expertise in a particular sport, you could use your knowledge to win some BTC.
A mysterious collective who called themselves Satoshi Nakamoto launched Bitcoin in January 2009.
BTC remains the most prominent digital asset, accounting for approximately 50% of the market.
The hype surrounding BTC is immense and has caused its value to skyrocket at different points.
Since Bitcoin is the top-ranked digital currency, most bookmakers 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 bookmakers:
Many bookmakers provide users with additional benefits for using BTC
History shows that BTC’s value can rise rapidly, so a big win today could be worth even more in a couple of weeks or days
The decentralized nature of BTC means your bank has no idea that you’re playing on bookmakers
The heavy transaction fees associated with Bitcoin eat into your money before you begin playing
The downside of decentralization is that you have no chance to appeal if a dodgy bookmaker robs you
Bitcoin can fall even faster than it rises, so the value of a big win could drop disappointingly
Are you looking to play on Olympics BTC bookmakers but can’t decide if you want to go ahead?
We’re about to give you several reasons why they are worth your time and money.
Fiat currencies are fast becoming yesterday’s news.
Inflation makes their value go down continually.
Also, governments continue to manipulate these currencies for their own purposes.
As for banks, they have complete control over the who, what, where, when, and why of fiat currency use.
These currencies long ago became stale and old-fashioned. Their time has passed.
In 2021, BTC is what’s taking us into the future of money.
There is no middleman involved in BTC exchange.
Therefore, you don’t have to worry about payment gateways.
You keep the traditional banking system out of the loop.
All you need is a reliable VPN to register an account on Olympics BTC bookmakers. From there, you can start using sites that generally don’t allow users from your country.
Certain end-to-end 2020 Olympics BTC bookmakers will also let you play even if you live somewhere where bookmakers are illegal.
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 bookmaker companies that forbid users from your country. For instance, you could have your account frozen, which means you can’t access your money.
Banks don’t like online bookmakers.
As a matter of fact, there are countless stories about individuals who were denied mortgages because of their use of bookmakers.
The fact that they only spent small sums on these bookmakers was irrelevant.
Here’s the thing about bookmakers that accept Bitcoin, you can use them without your bank ever finding out. Therefore, your activity remains a secret.
If your wife has a problem with bookmakers, you also ensure they don’t find out.
(We have to be honest and say we don’t recommend hiding your use of bookmakers from family).
When you’re playing with fiat currencies, it means you’re stuck with them.
These currencies are outdated and lose their value over time.
When playing with fiat currencies instead of using Bitcoin, you lose purchasing power every minute.
Set up an account on an end-to-end 2020 Olympics Bitcoin bookmaker, and there’s a good chance your BTC balance will rise.
Do you find it hard to deposit money on bookmakers? We do.
One of us even got his bank account frozen for an entire month.
Here’s the reason. He wanted to put money into his bookmaker account.
However, the UK added a new regulation in April 2020 without him realizing it.
After a warning from his bank, he couldn’t make any more deposits on the bookmakers he used before.
With Bitcoin, you will not need to beg your banker ever again.
Most traditional online bookmaker companies that accept BTC aren’t up to date.
These sites seem locked in a time warp with payouts taking days, poor customer service, and many other issues.
The best 2020 Olympics Bitcoin bookmakers, on the other hand, are designed for the modern user. Therefore, they adopt better technology and respect their audience.
Ultimately, you benefit from top-notch support, a more attractive range of payments, and promotions that make you feel like a VIP in what are safer 2020 Olympics Bitcoin bookmakers than ever.
Financial regulations limit standard bookmakers. This is why they are so slow and inefficient.
The result is that these bookmaker companies have snail-like transactions, along with mediocre deposit and withdrawal amounts at best.
The Curaçao Gaming Authority regulates many of the best Olympics bookmakers accepting Bitcoin; however, this is a less strict form of financial regulation.
The result is speedy payments along with high deposit and withdrawal limits.
We have found a few top 2020 Olympics Bitcoin bookmakers that have NO limits on deposits and withdrawals, and you get your money almost instantly. You never get this kind of service from a traditional bookmaker.
Bear in mind that blockchains take a certain amount of time to process transactions, but it is still a fast process.
Not all exchanges allow their clients to transfer funds to/from bookmakers accepting BTC.
Some will freeze your funds and close your account if they learn that you’re using their services to deposit on 2020 Olympics BTC bookmakers.
And frankly, these days, it’s easy for them to find out. Surprised? Here’s how.
The most serious exchanges use blockchain forensics software to track transactions on the blockchain.
We quickly found out the quality of the software when we received notifications from some of these exchanges.
So, what is the top-rated exchange if you want to get involved with 2020 Olympics bookmakers accepting BTC?
In our view, Binance is the obvious answer.
It is a vast exchange, the world’s largest. But, more importantly, it doesn’t have any rules against using Olympics BTC bookmakers.
Plus, it is also the best exchange by far for many reasons: top security, currency pairs available, lowest fees, fast withdrawals, and much more.
By using Binance, you can deposit and play on your favorite 2020 Olympics Bitcoin bookmaker almost instantly.
Here are some essential factors when looking for the best 2020 Olympics Bitcoin bookmaker.
Many people try to sign up to sites without realizing that their country doesn’t permit it.
This isn’t an issue if you use legit 2020 Olympics bookmakers that accept BTC because most of them won’t permit you to register, let alone add funds if you come from a country where its service is prohibited.
Sadly, some unreliable 2020 Olympics bookmakers accepting BTC will not stop you from registering an account and playing but will block your account when you try to withdraw your gains.
At this stage, such Olympics bookmakers accepting BTC will ask for verification. But, of course, once you try to go through the process, you’ll find that you can’t use the site legally and lose all your money as your account is blocked.
That’s why you must make sure the 2020 Olympics Bitcoin bookmakers you choose accept users from your country.
If you decide otherwise at your own risk, make sure you play on trustworthy and legit 2020 Olympics Bitcoin bookmakers that allow for more anonymity.
Focus on good 2020 Olympics Bitcoin bookmakers that won’t keep your money if they discover that you’re playing illegally.
Stake is one such site.
When choosing your 2020 Olympics bookmaker accepting BTC, there is another issue to consider.
BTC transactions are fast, cheap (most of the time), and there’s no central authority behind them.
That’s great, but Bitcoin transactions are also permanent.
With no central authority, you’re unlikely to get your money back if you get ripped off.
Therefore, it is essential to pick 2020 Olympics BTC bookmakers known for their legitimacy.
And that’s also why the reputation of 2020 Olympics bookmakers that accept Bitcoin holds such a significant role in our ratings and rankings.
To save yourself some time, have a look at our 2020 Olympics BTC bookmakers reviews to make sure you only play on safe 2020 Olympics BTC bookmakers.
Standard bookmakers that allow the use of Bitcoin and end-to-end BTC bookmakers are entirely different.
If you deposit Bitcoin on standard bookmaker companies, they will turn it into fiat currency whether you like it or not.
You face the same issue when withdrawing, as your BTC becomes fiat once again. That is if you can even withdraw via BTC.
Not only do these transactions incur fees, but it also means you no longer hold Bitcoin while your funds are on the site.
That’s why, if you are confident about the future of BTC, you should prefer using end-to-end bookmakers that accept Bitcoin when possible.
These types of bookmakers accepting Bitcoin let you deposit or withdraw with a massive number of digital assets.
They also make it possible for you to use Bitcoin directly.
Using these BTC bookmakers gives you several Bitcoin advantages, such as:
The ability to deposit and withdraw large amounts
Of course, not all end-to-end BTC bookmakers offer all these benefits.
Being end-to-end Bitcoin only means they can provide these benefits if they want to and put the effort.
However, only the top 2020 Olympics BTC bookmakers offer most of these benefits.
When choosing 2020 Olympics bookmakers accepting BTC, look for the ones that give you the best:
Range of sports and events
Variety of lines available for each event
However, don’t automatically assume that 2020 Olympics BTC bookmakers with a decent sports offering are good 2020 Olympics BTC bookmakers.
After all, you could find 2020 Olympics BTC bookmakers with an incredible sports offering that will scam you.
Our suggestion to find the best offers and odds is to register on many legit 2020 Olympics BTC bookmakers.
You can then compare their sports options side-by-side.
But keep in mind that the availability of 2020 Olympics BTC bookmakers in your country and their reputation are the most important factors to consider before you deposit your BTC.
If you need help with something, things go more smoothly when you can quickly and easily chat to a trained customer service operative.
This point is even more valid for beginners on BTC bookmakers.
When determining the best 2020 Olympics Bitcoin bookmakers in 2021, we tested and rated each site’s customer service quality so you don’t have to.
Yet another critical aspect of 2020 Olympics Bitcoin bookmakers is how they handle withdrawals and deposits, not to mention means of payment variety.
Some bookmakers offer more deposit and withdrawal methods than others.
Keep your options open by selecting a site that lets you deposit or withdraw in several ways.
The BTC space moves fast, and so do 2020 Olympics bookmakers accepting Bitcoin.
You may need your Bitcoin to trade them rapidly or participate in an event on another good Bitcoin bookmaker.
In some cases, Olympics bookmakers accepting Bitcoin process withdrawals in seconds. Other sites are slower and could take several days.
You’ll likely want to find Olympics Bitcoin bookmakers that process withdrawals ASAP.
Standard bookmakers keep maximum withdrawal limits low.
It isn’t easy to find one that lets you withdraw over $10,000 a month.
Such restrictions are a thing of the past when you use the top Olympics bookmakers accepting Bitcoin.
Nonetheless, not all Olympics bookmakers accepting BTC provide high withdrawal limits.
This is because they generally don’t have a large amount of money to hand.
The best 2020 Olympics bookmakers that accept BTC are different. Stake, for instance, has no cap on withdrawals.
You should aim to register on safe 2020 Olympics Bitcoin bookmakers that offer unlimited withdrawals, even more if you’re a high-staker.
We divide these benefits into three parts.
Typically, 2020 Olympics BTC bookmakers give you bonuses after registration.
These offers often make it seem as if you’re getting a good deal.
Is there a catch? Yes.
Welcome bonuses often have certain conditions.
Many of them include playing requirements (generally 30x to 60x your deposit) and have very restrictive terms.
Therefore, you should focus on 2020 Olympics BTC bookmakers with valuable promotions and VIP programs. These benefits are usually far better than any welcome bonus.
In general, standard 2020 Olympics BTC bookmakers provide poor-quality promotions.
Instead, they focus on bonuses because they know most people will never meet the requirements.
The best 2020 Olympics bookmakers that accept Bitcoin offer modern services, and as a result, offer a lot of great promotions.
Besides the fun they add, these promotions can help you increase your balance over time.
Good Olympics Bitcoin bookmakers usually know the importance of VIP programs with excellent bonuses.
Otherwise, how do they keep punters interested?
However, too many companies don’t bother.
VIP benefits, just like great promotions, will add a lot of fun and rewards.
That’s why we strongly recommend only the most legit 2020 Olympics Bitcoin bookmakers with clear terms for their VIP program that offer generous rewards to their most loyal users.
Bitcoin bookmaker companies are legal most of the time; however, the exact answer depends on your country of residence.
It isn’t clear-cut because it depends on BTC and bookmaker company law in each jurisdiction.
Although Bitcoin is legal or tolerated in most countries, regulators are generally more severe with bookmakers.
Yet, there are good Olympics BTC bookmakers that let you register even if it isn’t legal in your country.
Regulators find it hard these days because many punters use VPNs to keep their online activity a secret.
Your wallet creates Bitcoin addresses which are the only information available that outlines where your Bitcoin are and where you are sending them. The anonymous nature of Bitcoin means it is very popular with punters.
As a result, you can maintain secrecy by using a new address every time you receive payment. Another tactic is to use several wallets, each one for a different reason.
It can take anywhere from a few minutes to an hour if you want your wallet completely secure with a pair of confirmations from the network.
However, it also depends on the BTC network in question. The different Blockchains must confirm the transactions, and they are overworked on occasion.
You must pay an extra fee if you want to avoid having your transaction delayed by the Blockchain queue.
Withdrawing Bitcoin is much the same as depositing it, but in most cases, 2020 Olympics Bitcoin bookmakers also have to certify the task manually.
The time it takes varies depending on the 2020 Olympics Bitcoin bookmaker. Some sites go through a long validation process which takes days. Others don’t complete this step and ensure your withdrawal happens as quickly as a deposit.