Best Bitcoin Betting Sites 2023
Crypto sports betting sites are becoming very popular today as more and more people want to use Bitcoin to fund their account at online casinos. If you’re looking for a site that accepts crypto bets, you’re in luck, as there are many more sits today that offer sports bets and live casino games and that also accept crypto as a way to make your first deposit.
If you’re searching around the gambling market for a crypto betting site, read on to find out more about what they offer and how to qualify for a welcome bonus or free bets.
- Over 20 sports
- Great odds
- #1 Live betting options
- 25 sports
- Great promotions
- Popular bookmaker
- Established bookmaker
- Great apps
- Loyalty program
- Many sports
- High odds
- Fast payouts
- Popular bookmaker
- Many sports available
- Great customer service
We Present the Best Crypto Betting Sites
It can be tough to find the best online casino that offers sports wagering and Bitcoin gaming, only because there are so many new ones out there. That’s why our team of experts has done all the research you would want so we can provide you with the best cryptocurrency sports betting operators that offer free bets and welcome bonuses.
When you’re looking for anonymous betting in the gambling industry, look no further than our list of the best crypto sportsbook so that you can find a betting site that has Fiat currencies and other great features.
How to Bet with Cryptocurrency
When you’re searching for crypto betting sites that offer casino games and a welcome bonus, there are a few steps you’ll need to take to get rolling. The first step when you’re searching for crypto casinos if you enjoy playing casino games, esports betting and sports wagers is to find a Bitcoin sportsbook.
The best place to start in your search for cryptocurrency betting sites is our page, where we will break down the best sports betting crypto sites in the gambling world. Our experts scour the online gambling world to find the best crypto betting sites offer that is available to all players.
Next, sign up on one of the crypto betting platforms that you choose and claim your welcome bonuses, which could include free bets to use at the online betting sites. You’ll provide the crypto betting site with all of your basic information. Then, check to see whether you need to enter a special promo code to take advantage of the welcome bonus, which is typically a deposit bonus on the amount you put into your account.
Next, use a crypto wallet to deposit Bitcoin cash into your sports betting account. The crypto gambling sites will allow you to use Bitcoin cash to deposit money into your online casino account. Once the money is in your account, you can start browsing through the crypto betting sites to find live dealer games, virtual sports or other major sports in the betting markets to place bets using the free bets you got from your welcome bonus.
Why You Should Bet with Cryptocurrency
There are many advantages to Bitcoin betting sites. This includes safety, privacy and instant payments that crypto sports betting sites offer compared to other sites.
An online crypto casino has many advantages that players are looking for today, which is why crypto gambling is becoming more and more popular. In the next few paragraphs, we’ll describe some reasons why esports betting at online casinos is a beneficial way to place bets.
Safety should be of utmost concern when you’re looking to use a welcome bonus at a sports betting crypto site. Cryptocurrency sports betting sites have the safety and security of every player in mind.
These online casinos want to make sure that Bitcoin gambling is extremely safe and secure, and they do everything in their power to go the extra mile in ensuring that safety and security in crypto gambling.
Players shouldn’t have to worry about anything going wrong when they use a welcome bonus at legitimate crypto casinos.
Crypto and Gambling Go Hand in Hand
Digital payments and online sports betting go hand in hand. In fact, all forms of gambling fit very well with what cryptocurrency is trying to do as well. The best crypto betting sites know this, so they cater to the player who is looking for more.
Bitcoin betting allows people to place bets at various sites throughout the world, without the worry of having their deposit rejected or having to jump through hoops to exchange the currency. This is a major benefit of making a crypto bet.
Your Privacy is Protected
Privacy should always be a big concern anytime you’re conducting financial transactions, whether it’s on the internet or not. With Bitcoin betting, you can rest assured that your privacy will always be protected, since it’s an anonymous form of exchanging money.
This means that the people at your financial institution won’t have access to see that you’re playing at a crypto sportsbook. While you certainly aren’t doing anything wrong, it’s nice to know that your privacy will be protected at cryptocurrency betting sites.
One of the best features of sports betting with cryptocurrency is the fact that transactions are instant. You won’t have to wait for the money to process into your account. It’ll be there as soon as you initiate your first deposit.
This is very important, as the betting markets can change quickly, and you might miss out on great odds if you aren’t able to use your money at a stake sportsbook right away. A welcome bonus is great, of course, but it won’t be as great if you don’t get it as soon as you initiate the transaction.
Now that you know why using Bitcoin to fund your online gaming account is so beneficial, let’s take a look at how you can do it. If you’ve never done this type of transaction before, it’ll be a little bit different than using other payment methods. It’s not difficult, though, so follow along our step-by-step guides below so you can understand exactly how to make financial transactions using Bitcoin at an online gaming operator.
The first step to using Bitcoin as the deposit method for your online bookmaker account is to open an exchange account where you can buy and sell Bitcoin. If you already have this set up, you obviously can skip this step.
There are plenty of Bitcoin exchanges available on the internet where you can send money to convert it into Bitcoin, and then set up a Bitcoin wallet to be able to transfer it to other sites.
Then, find an online bookmaker that fits your needs overall and that accepts Bitcoin as a form of payment. Once you have settled on the site, it’s time to go through the sign-up process. You’ll need to provide the bookmaker with basic personal information and an email address
Once you have an account, navigate to their cashier page and select Bitcoin as your method of deposit. This is when you’ll also want to enter in any promo codes so you can qualify for a welcome bonus.
After selecting the amount you want to deposit into your account, you’ll need to get the instructions for how to send the Bitcoin to the sportsbook operator. Then, once you click submit, the money will be available in your account to use.
Making withdrawals using Bitcoin is a simple process as well. It works almost exactly in reverse as making a deposit using that method. For a cashout, first navigate to your sportsbook’s cashier page. Once you’re there, you will be able to select withdrawals.
Then, you’ll be presented with a number of banking options for making the withdrawal from their site. Select Bitcoin and you’ll proceed to the next step. Once there, you’ll enter in how much money you wish to withdrawal from your sportsbook account into your Bitcoin account.
When you proceed to the next page, you’ll have to provide the sportsbook with your Bitcoin information so that they can send you the money. After you click submit, the transaction will process and the Bitcoin will be back available in your wallet to use.
At this point, you’ll already have a Bitcoin exchange account set up, so you won’t have to go through that step in the process. If you don’t, you’ll need to do the same first step in the deposit process so that you have an account and a cryptocurrency wallet where you can send the money you just withdrew from your sportsbook account.
How Does Mobile Bitcoin Gambling Work?
One of the best parts about Bitcoin gambling is that it was basically built for mobile gaming. As an advanced digital currency, Bitcoin is easily accessible and transferrable using accounts on mobile devices and even mobile apps.
In addition, many Bitcoin sportsbooks are advanced compared to other sportsbooks, too. In other words, they have great mobile interfaces and great mobile apps that they offer.
This means that everything that you would traditionally do on a desktop or laptop computer, you’ll easily be able to do on a mobile device at a Bitcoin online sportsbook.
All you’ll need to do is either navigate to the sportsbook’s mobile version of the site, or download their mobile app if they have one. Then, simply log into your account using the same credentials, and you’ll be able to wager, and make deposits or withdrawals using Bitcoin whenever you would like.
Pros & Cons
Like anything in life, there are positives and negatives to betting at an online sportsbook using Bitcoin. While we have presented many of the benefits above, it’s always easier to see this listed out so you can make your decision. Below, we have listed some of the main pros and cons of Bitcoin gaming.
This will help you decide if this is the payment method that would work best for you as you search for an online sportsbook that would meet your needs and desires. This is very important as you seek to wager money on sports online.
- Transactions are instant with Bitcoin
- You can gain anonymity and ensure that all of your transactions are private
- Many sportsbooks allow deposits and withdrawals with Bitcoin today
- Some sportsbooks will offer a specific welcome bonus or free bets to players using Bitcoin
- You can conduct transactions without the fear of them being rejected or needing to exchange currency
- It adds an extra step to the process, since you’ll have to set up an exchange account that allows you to buy, sell and use cryptocurrency to make purchases
- Not all sportsbook sites accept cryptocurrency just yet
Now that you have learned a lot about Bitcoin betting, you may be ready to go out and find yourself a site that accepts this form of cryptocurrency. However, you may still have some unanswered questions that you want to be more informed about before you start on your journey.
That’s why we have provided the answers to some of the most frequently asked questions below. It’s always a good idea to be as informed as you possibly can before participating in sports betting, no matter what form of payment you choose to fund your online account.
Is it Legal to Use Bitcoin for Online Sports Betting?
Yes, it is legal to use Bitcoin for online sports betting. While Bitcoin isn’t as mainstream as many other forms of traditional payments, it is completely legal to use it. It’s also becoming more widely accepted as a form of payment around the world.
There is nothing illegal about using Bitcoin at all, and there is nothing illegal about using Bitcoin or other forms of cryptocurrency to fund your sports betting account or to withdrawal funds from it as well.
Is it Safe to Gamble With Cryptocurrency?
Yes, it is very safe to gamble using cryptocurrency. In fact, using Bitcoin or another form of cryptocurrency may be considered even safer than other forms of traditional payment methods. Other methods of payment such as bank accounts, credit cards and debit cards are much more susceptible to being hacked and then having your information and/or money stolen.
Bitcoin is more secure and it’s anonymous, so it’s much harder for bad actors to gain access and steal your hard-earned money. This is one of the big benefits to using Bitcoin to fund your online gaming account. Just make sure that the site you are using has a license from a reputable gaming agency such as the Curacao Gaming Authority.
Do all Online Sports Betting Operators Accept Cryptocurrency?
No, not every betting operator accepts Bitcoin at this time. While there is an increasing number of sites that do, not all are on board just yet. However, many of the sites that we cover on our page accept Bitcoin as a payment and withdrawal method for betting accounts.
When you browse our webpage, you’ll be able to see which sites accept cryptocurrency so that you can make the best decision for you. In the future, it’s likely that even more betting operators will begin to accept crypto as it becomes even more mainstream.
What is a Cryptocurrency Wallet?
A cryptocurrency wallet is where you will be able to store whatever cryptocurrency you purchase. You can think of it as a real wallet but in digital form. Once you purchase Bitcoin, you’ll need to store it somewhere, just like you need somewhere to store actual cash when you want to carry it with you.
The cryptocurrency wallet will allow you to “carry” the Bitcoin you buy wherever you go, so that you can send it to other people or use it to make purchases or fund your betting account whenever you want to.
What is a Crypto Exchange?
A crypto exchange is a platform that will allow you to buy and sell various forms of cryptocurrency, such as Bitcoin. You can think of a crypto exchange as the part of a bank that allows you to exchange your local currency for other types of currency. Only with a crypto exchange, it’s done completely online.
There are many crypto exchanges on the market, so you can browse around to find one that you think would be right for you. You’ll need to sign up for an account with them first so that you can purchase Bitcoin and then have it transferred and stored in your crypto wallet so you can use it. This is also where you’ll sell your Bitcoin if you want the money back in cash ever.
How many People use Cryptocurrency Betting in India?
Cryptocurrency is rather popular in India for a lot of reasons. While the government in India is trying to ban the practice of buying and selling cryptocurrency like Bitcoin, there are still a lot of people who love to use it for its convenience, safety, security and privacy.
Across India, estimates say that roughly 15 million people have used cryptocurrency for sports betting. This might be a low number, though, as again, cryptocurrency is anonymous. In other words, it’s very hard for any official entity to put an exact number on the practice.
The transactions themselves can be seen publicly, since they all occur on the open blockchain. But, that doesn’t give you a lot of information about who’s using it.
If cryptocurrency is allowed to continue to remain in use in India, it’s very likely that more and more people will start using it for everyday things, including online sports wagering. That’s why many experts believe that the usage of cryptocurrency for betting in India will rise in the future, as long as the government doesn’t ban it altogether.
Many more people are using cryptocurrency today than they have in the past. While it’s not completely mainstream as other forms of traditional financial accounts, it’s certainly becoming more acceptable worldwide. As a result, many online sports betting operators are accepting cryptocurrency such as Bitcoin, allowing players to make deposits and withdrawals to and from their site using this method.
There are a lot of benefits to using Bitcoin for sports wagering, including safety and security, privacy and the instantaneousness of the transactions. If you’re looking to use Bitcoin to fund your sports wagering account, visit our site to learn which sportsbook operators would be the best for you.Last Updated on 15/12/2022 ago by Devak Mukherjee
I have presented and discussed the best Bitcoin betting sites in 2023 in this article. If you are into crypto betting, register with any of the presented bookmakers and enjoy their exciting welcome offers.