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Our Picks for the Best Bitcoin Betting Sites

Top 3 Bitcoin Bookies
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The payment options provided by an online sportsbook should suit every player’s possible circumstances. It is even more prevalent in this modern technological age where money is frequently kept in online E-wallet accounts or various currencies. That’s why the best online bookmaker operators allow their customers to use sports betting cryptocurrency options to deposit and withdraw earnings with digital currencies like Bitcoin.

This detailed report on the best Bitcoin sports betting sites aims to provide you with the following information:

  • What a Bitcoin sportsbook is.
  • How to place a bet with Bitcoin.
  • What are Bitcoin betting apps available?
  • What are some anonymous betting sites with Bitcoin?

Top Bitcoin Sportsbooks

When choosing the best Bitcoin betting site for you, there are a few main things that you should pay close attention to. You should make sure that the Bitcoin betting exchange has a good range of sports betting options, additional betting functions, and good odds for the sports you like, such as football odds. These are just a few of the most important aspects of a sportsbook website. You can turn to Bitcoin sportsbook reviews if you struggle to research these elements.

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A Bitcoin bookmaker review will display all the information you need about the bookie you are researching. Some of our picks for the best Bitcoin sports betting sites include 22Bet, Ivibet, and Parimatch.

Ivibet

Ivibet is a recently launched interactive online bookmaker. It is one of the best Bitcoin betting sites in the crypto betting space. The bookmaker offers punters a complete package with numerous betting markets, attractive bonuses, massive casinos, and a secure and easy-to-use website.

Ivibet Review

Bitcoin betting with Ivibet has become popular because punters can wager on 34 different sports using cryptocurrency. Many betting sites that allow crypto betting today only do so for casino games. Ivibet allows it for both casino and sports betting.

The best thing about betting on Ivibet with Bitcoin is that your transactions are secure as they take place within the blockchain. You will get the crypto you deposit in your bet wallet as long as you deposit into the correct crypto wallet of Ivibet. That is why you must be careful when you're betting with crypto.

Pros Cons
  • Ivibet allows punters to wager with cryptocurrency, especially Bitcoin.
  • You can enjoy different odds formats on Ivibet, and select the one that suits your betting interest.
  • You can't access crypto betting on Ivibet on mobile apps because the bookmaker doesn't have one.
  • If you leave your account inactive for 3 months, Ivibet operators automatically block it.

22Bet

22Bet is one of the safest and most exciting platform crypto bettors can bet with Bitcoin. The brand has an intuitive website that makes betting easy for newcomers and existing customers. Once you find your way around, you can bet on over 40 sports events and play casino games using Bitcoin.

22Bet Review

Bitcoin betting with 22Bet has become popular because punters enjoy secure and anonymous betting transactions at all times. Whenever you initiate a Bitcoin bet and luckily win, 22Bet offers you an instant payout of your winning in Bitcoin. You can leave it in your bet wallet to wager again or send it to your Bitcoin wallet.

Whatever the case, the fact remains that you can instantly deposit and withdraw Bitcoin when you bet crypto on 22Bet. Explore many options on the crypto betting page, including sports, live, and casino games.

Pros Cons
  • 22Bet combines the security of crypto betting with SSL encryption and two-factor authentication to secure all transactions.
  • The platform offers various sporting events markets and numerous casino game options.
  • Information on the bookmakers’ VIP program, restrictions, and fees is difficult to find on the website.
  • There are no bonuses for depositing Bitcoin in a bet wallet on 22Bet.

SpinBetter

SpinBetter is a top pick among the best BTC betting sites. Punters can wager on as many as 744 sports events in 45 sports games on SpinBetter. Additionally, over 5,000 casino games are in the bookmaker's library, making them a wholesome fit for bettors with dynamic betting interests.

Bitcoin wagering is popular on SpinBetter because punters can enjoy a 4-level deposit bonus of up to €1,500. You can wager these bonuses on casino games and win if you meet the wagering requirement. Whether using BTC or a free spin bonus, you will have much fun on SpinBetter.

SpinBetter Review

If you're big on the legitimacy of your betting site, you don't have to worry about SpinBetter. Sprut Group B.V. runs the sportsbook in compliance with Curacoan betting laws. Additionally, the sportsbook has been in operation for the last five years, and the new feel of its website indicates they are committed to offering punters satisfactory services.

Pros Cons
  • Spinbetter offers attractive multilayered bonuses for casino Bitcoin bettors.
  • The website has many games, including various live dealer games.
  • Telephone support to help resolve issues punters may face when betting on the platform is unavailable.
  • Uncertainty about the Curacao license is a drawback in choosing the betting site.

Wazamba

Wazamba Bet is a Bitcoin betting site with a remarkable difference from other crypto bookies. For this bookmaker, betting is not just about the games, bonuses, and promotional offers. Instead, betting is about the experience, ensuring every customer gets the best.

Bitcoin betting is popular with this sportsbook because punters get to use it for sportsbooks, casino games, and Esports. It implies that the sportsbook fully meets every bettor's interests with excellent betting experience. You'll surely enjoy this immersive experience when you enter the website.

Wazamba Review

The best part about Bitcoin gambling on Wazamba is that they offer stellar odds and selections that are constantly reviewed and updated. All their betting products and services are available in multiple languages, showing you the extent they go to satisfy their customers.

Pros Cons
  • Wazamba has excellent customer support that provides solutions to all issues 24/7 in different languages.
  • The website design is indulging and super attractive that a new bettor can easily find their way on the platform.
  • The security features on Wazamba are weaker than on other Bitcoin sports betting sites.
  • The sportsbook takes a lengthy period to process withdrawals, making punters wait up to three days or longer to get funds.

Megapari

Megapari is one of the most prominent gambling destinations that allow punters to make Bitcoin bets on their favorite sports or casino games. The sportsbook has high-end software that facilitates efficient betting for all punters, regardless of their device. According to our review, Megapari has many sports events and games punters can enjoy.

Betting with Bitcoin on Megapari has become popular because they offer punters high chances through their fantastic live/in-play betting. These features carry credible stats that enhance easy and advantageous betting exercises.

Megapari Review

You can access betting products and services on Megapari in over 60 languages. It creates wider accessibility to punters from different geographical locations and language backgrounds. You can further evaluate the quality of their services by going through our pros and cons below.

Pros Cons
  • BTC sports betting on Megapari comes with competitive odds distribution across several sports, including football, tennis, and basketball.
  • The platform has excellent betting features like live streaming, live betting, and in-play statistics, all of which help punters make correct predictions.
  • Although the sportsbook's services are available in over 60 languages, it restricts some countries from using it.
  • Horse racing has limited coverage, and the odd distributions for the sport are too wide.

20Bet

20Bet is a preferred choice among several online Bitcoin bookies for crypto bettors, and rightly so. The brand is 100% legit and offers the betting industry's largest gaming and sportsbook collections. You can get sporting events from all sports' major leagues and have an enthralling betting experience on 20bet.

Bitcoin betting on 20Bet is popular due to the brand’s collaboration with 69 game providers who offer over 4,000 gaming options. Whether you’re betting with the desktop or mobile version of the app, you can easily locate all these games and enjoy them even if you’re new to betting.

20Bet Review

The best part of using this sportsbook for Bitcoin betting is that punters can gamble fairly, securely, and legitimately. The sportsbook protects user information and ensures a periodic review of its services to create newer ways to satisfy customers.

Pros Cons
  • 20Bet offers a responsible Bitcoin betting environment to as many crypto bettors as possible.
  • The brand also offers punters exclusive loyalty programs that reward them for their activity on the website.
  • Apart from cryptocurrency, 20Bet generally has few options for payment methods compared to other betting sites.
  • There needs to be more coverage regarding crypto punters allowed to use the brand's betting products and services.

ZodiacBet

ZodiacBet is a reliable Bitcoin betting site that offers betting products in over 20 sports. Punters from numerous countries can bet with Bitcoin while selecting from over 200 pre-match markets, carrying competitive odds across several major leagues.

Bitcoin betting with ZodiacBet is popular primarily because of its live betting feature that offers 15,000 events with a 93% payout. It is attractive for punters looking for additional ways to win money other than in fixed-match bets. The odds are also competitive on either pre-match or live betting.

ZodiacBet Review

ZodiacBet focuses on several aspects that improve bettors' overall experience on the platform. The website, for instance, is easy to navigate on any smartphone, and you wouldn't need a native app. Additionally, customer care support is readily available 24/7.

Pros Cons
  • ZodiacBet edges out other Bitcoin bookmakers because of its excellent live betting feature that's up to 500 per day.
  • The brand has a winning limit significantly higher than the limit other best Bitcoin bookmakers provide.
  • Punters cannot minimize loss when they bet Bitcoin because ZodiacBet doesn't have partial or automatic cashout.
  • The maximum number of bets you can select for combo bets is few on ZodiacBet.

BetWinner

Take your betting experience to the next level by betting Bitcoin on BetWinner. The brand has an enjoyable betting environment with a massive range of betting options for sports and casinos. Whether your betting preference is Esports, sports betting, or casino games, BetWinner has everything you want.

Bitcoin betting is popular on sportsbooks because they offer an alternative VIP program to the traditional tiered loyalty system. On BetWinner, you can accumulate several points on the bets you wager Bitcoin on and exchange points for bonus codes. In this case, the more points you earn, the more codes you acquire.

BetWinner Review

While being a recent addition to Bitcoin betting bookmakers, BetWinner has gained many followers worldwide. The brand currently has over 400,000 active online bettors, some crypto. The website design accommodates this number of punters and has the capacity for more.

Pros Cons
  • The sportsbook and casino area have extensive sporting events and games, respectively.
  • BetWinner has a multi-live streaming feature and a dedicated mobile app for online casino Bitcoin betting.
  • The website and application navigational features need improvement as they could be more efficient than other top sites.
  • Tiered loyalty programs allowing punters to gauge their progress are unavailable on BetWinner.

FreshBet

The best BTC betting site is the type that allows users to deposit using Bitcoin and wager on their favorite sports and casino games using cryptocurrency. FreshBet meets these measures, making it one of the best options for crypto betting. The betting site is clean, with its intuitive functionality and simple layout.

Bitcoin betting with this bookmaker is popular because punters make all casino payments using crypto. So since Bitcoin is the best of all cryptocurrencies, it is the most required for betting on FreshBet. Punters use it to bet on over 5,000 video slots, table games, and live casino games.

FreshBet Review

The best part of using this sportsbook for betting crypto is a 155% crypto bonus up to €500. There are fair terms and conditions you need to meet to be able to claim this bonus, as well as use it to bet on the platform. Ensure you check before you take the bonus.

Pros Cons
  • FreshBet provides punters with top-class betting features, including live streaming, bet editing, and multi-view feature.
  • The highly responsive website accommodates over 10,000 monthly live events, 40 sports, and 400 football markets.
  • Punters cannot minimize loss when they bet with Bitcoin on FreshBet because there are no auto or partial cash-out options.
  • Bitcoin bet settlement takes a more extended period compared to the timeframe other Bitcoin bookmakers take.

Rolletto

Since it launched into the crypto betting market, Roulette has established itself as one of the best Bitcoin sportsbooks. The brand provides betting products and services to punters from many countries. It has a solid reputation for being an all-in-one sportsbook.

Bitcoin betting is popular on the platform because crypto punters can easily bet on Esports, sports betting markets, live dealers, or live casino games. There are various selections for all punters, irrespective of their betting interests. The more you bet Bitcoin on Rolletto, the better you realize how good the betting site is.

Rolletto Review

Players that use the sportsbook feel safe betting Bitcoin on the platform. The brand is legitimate, and the only worthy concern is the gambling regulations of the local jurisdiction. If your region accepts Bitcoin betting on online sportsbooks, Rolletto should be your choice.

Pros Cons
  • Roletto offers new punters mouth-watering welcome bonus packages to encourage them to bet on the platform.
  • The website design is simple and intuitive, allowing users to browse through every function conveniently.
  • Despite being a sportsbook that accepts cryptocurrency, betting is only partially anonymous on Rolletto.
  • Only a handful of fiat currencies are available on Roulette when you want to convert your crypto to winning.

Claim Your Bonus when You Place a Bitcoin Deposit

When using Bitcoin for sports betting on the leading operator sites, you will get plenty of promotional offers and bonuses to use several sports betting options. These bonuses range from welcome rewards to free bets, cash, matched deposit bonuses, and no minimum deposit bonuses. You can claim these promo offers directly from the operator’s website on their “Promotions” page. These proposals frequently change, providing new players and existing bettors with more reasons to stay with the site.

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Matched Deposit Bonus

A matched deposit bonus is the type of bonus offer that meets the value of the deposit amount punters load in their betting account. For instance, if you deposit €500 inside your Bitcoin sportsbook wallet, your sportsbook offers you the same amount. How can you qualify for this bonus?

The first step is to choose a sportsbook that offers a bonus. Once you do this, deposit the required amount to get a match bonus, meet the terms and conditions, and that's it. This bonus offers so many advantages like the following:

Pros

  • Matched deposit bonuses offer alternative ways to bet without using personal funds.
  • The bonus is a site credit that allows you to wager on as many bets as you want.

Free Bets

As the name suggests, free bets are the type of offers sportsbooks provide their customers to bet for free without using real cash. In this case, if your predictions return correctly, the winning you get will not be added to the free bet amount. Instead, you'll receive the amount you won.

You can get free bets on any of the best Bitcoin sportsbooks by signing up, depositing, or wagering money. For sportsbooks that offer loyalty programs, you can get free bets by converting your points to bonuses.

Pros 

  • You don't lose any money when you bet using free bets. Instead, you stand a chance at winning.
  • Wagering with a free bet is fun because you’re under no pressure about losing your bet.

No-Deposit Bets

No-deposit bet is the type that doesn't require you to pay for the bet you stake on. It is free, and you can keep your winnings if your predictions return correctly. Free spins on casinos are an excellent example of a deposit bet. You can get it by being a new sportsbook member or by choosing a sportsbook offering customers this type of bonus.

Pros

  • You don't lose any money to make no-deposit bets.
  • It allows you to evaluate the viability of your betting strategy before you back it up with real money.

VIP Rewards and Loyalty Clubs

VIP rewards and loyalty club programs are automated systems that monitor and track punters' betting activities on the sportsbook. The essence is to offer punters worthy rewards based on their activity. For most sportsbooks, punters accumulate points and earn rewards that help them go from one VIP status to another until they reach the peak.

You can become a VIP member or join the loyalty club of your sportsbook by betting consistently on the platform. You can reap so many rewards you can leverage for real money-winning during the process.

Pros 

  • Becoming a loyalty club member or joining a VIP program opens you to exclusive promotional offers.
  • It can be an alternative way to improve your winning chances for Bitcoin gambling.

How to Use Bitcoin to Bet Online

Bitcoin is by far the most trusted and reliable form of Cryptocurrency. If you’ve leapt into the world of cryptocurrencies, then the likelihood is that you have gone with Bitcoin. The good news is that you can now use your stored Bitcoin to bet. This whole process is straightforward. Select Bitcoin as your preferred payment method when you register with a site. The online Bitcoin bookie will take you through a step-by-step guide to paying with Bitcoin when you make a deposit.

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What is Bitcoin?

On a basic level, Bitcoin works the same way as an E-wallet like PayPal or Neteller. The customer buys a Bitcoin (or a partial amount of Bitcoin) and adds it to their unique digital wallet. When a client creates a digital wallet, he can indefinitely store a newly bought Bitcoin. This purchased Bitcoin is worth a specified value. This value can change quite frequently depending on the Cryptocurrency market. For example, more frequent buying of Bitcoin means that its value drops. While the Bitcoin market can be unstable, online betting is fast and reliable.

Making a Deposit with Bitcoin

Each betting site that accepts Bitcoin has its specific deposit procedures. In general, one can use Bitcoin on these sites quite easily. To place a deposit with Bitcoin, head to your account page, look for the “Deposits” button, and follow the link. Select your Cryptocurrency payment method and select Bitcoin. You then need to enter an amount to give the online bookie. Most online sportsbooks will then send you a link. Enter this link into your digital Bitcoin wallet and send the Bitcoin payment.

To deposit Bitcoin in your crypto bet wallet, you need to follow some steps, which include:

  • Step 1 – Visit the cashier page of your crypto sportsbook and click on the deposit button.
  • Step 2 – Select the deposit option your sportsbook accepts, in this case, Bitcoin.
  • Step 3 – Enter the amount you wish to deposit.
  • Step 4 – Authorize the transaction, and you'll find the Bitcoin in your bet wallet.

Making a Withdrawal with Bitcoin

Withdrawing your funds with Bitcoin is a little easier than depositing money. When you have earned enough for a payout, you can head to your account page and click “Withdraw.” Choose the Bitcoin payment method again and enter the amount you wish to withdraw. The money should be sent directly to your digital Bitcoin wallet within a few working days.

To withdraw with Bitcoin on your crypto sportsbook, you need to go through the following steps:

  • Step 1 – Go to the cashier page of your crypto sportsbook, find, and click on the withdraw button.
  • Step 2 – Select the crypto wallet to which you wish to withdraw funds.
  • Step 3 – Enter the amount of Bitcoin you want to withdraw.
  • Step 4 – Enter the address you want the Bitcoin sent to and double-check if it's correct.
  • Step 5 – Authorize the withdrawal transaction.

Payout and Withdraw Speeds and Terms

Bitcoin payout is seamless as long as you use the correct address. Once you authorize a crypto transaction, there’s no going back. So ensure you double-check the address you’re requesting a payout into. The withdrawal speed typically takes 2 hours, and you may need to pay some charges and fulfill terms like minimum withdrawal limit.

Bitcoin Fees

One of the best features of using Bitcoin for online betting is that it never charges fees. All online sports betting with Bitcoin should be entirely free of costs for both depositing and withdrawing. But, if a site says it condemns any fees for using Bitcoin, you should use another bookmaker for your online sports betting practices. Neither the site nor your digital Bitcoin wallet website should charge you any fees.

Countries that Accept Bitcoin for Sports Gambling

As Bitcoin is one of the most well-recognized (if not the most well-recognized) cryptocurrencies currently available, many countries accept it as some form of currency. The likelihood is if your country generally allows online gambling and agrees with the use of Bitcoin, then the chances are high that you will be allowed to use Bitcoin for online betting. Some of the largest countries that accept Bitcoin for online betting include Japan, the USA, France, Canada, Malta, and the UK.

Restricted Countries

Bitcoin may be a globally accepted cryptocurrency, but it’s still illegal in many countries. Bitcoin sports betting sites are also not available everywhere. In most cases, countries that ban online gambling also prohibit BTC gambling, and we have some of them on the list below.

  • Russia
  • Japan
  • China
  • Thailand
  • Algeria
  • Egypt
  • Colombia
  • Bolivia
  • Bangladesh
  • UAE
  • etc.

Mobile Betting with Bitcoin

Using your mobile device is one of the easiest and most convenient ways to place a bet in 2024. A whole range of sports betting options is right at your fingertips within just a few seconds. Mobile Bitcoin betting has also increased in popularity, becoming the preferred option today for the right reasons. It is convenient because it is easily accessible, and punters can transact anywhere.

Best Mobile Bitcoin Betting Apps

Many of the top BTC sports betting sites have dedicated apps for mobile forms of betting. These BTC sportsbook apps are straightforward to use. All you need to do is head to the Android or iOS App Store and find the Bitcoin betting apps you want to download. These apps are often found completely free of charge. Instead of a mobile web version, punters generally prefer betting with apps.

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For example, most crypto wallets are in mobile app versions, and it's easier to follow a direct link to the wallet app than the website. Secondly, Bitcoin transactions on Bitcoin betting apps are generally better, faster, and safer, designed to meet the modern demands of users.

BTC Live Betting

Many leading BTC betting sites give their players a range of additional betting options. The best Bitcoin betting sites frequently host an extensive range of live betting options on their website. These live betting options (often called “In-Play” betting events) allow players to place bets on live games. Throughout the live in-play game, bookmakers provide the results and scores in real time as they happen throughout the match, race, or play.

Alternatives to Using Bitcoin for Online Betting

While Bitcoin is an incredibly unique and convenient form of payment for depositing and withdrawing money on online sportsbooks, it is not the only option. There are many alternatives to using Bitcoin for online betting.

Some of the most popular payment methods featured on online bookmaker sites include card payment options (usually VISA and MasterCard), E-wallet payment methods (Primarily PayPal and Neteller), Ukash, and bank transfer options. Various bookmaker reviews indicate the advantages and disadvantages of each option. For example, some Ukash betting sites and PayPal bookies charge fees.

How to Stay Safe with Bitcoin

Just as with every form of online payment, your details must always remain safe and secure. The last thing you want is your details to leak online while using a betting site. It is why almost every top operator makes users fill out a 2-step authentication form before they use Bitcoin as a payment method. Similarly, most top digital wallet providers will ask you to fill out a 2-step authentication form. It ensures that your details cannot be easily hacked or stolen.

Keeping Your Information Private

Along with the aforementioned 2-step authentication and verification system put in place by most operators and digital wallet providers, many online bookies also use state-of-the-art encryption software to ensure that all your information is safe and secure while using the site. These preventative firewalls protect your personal and banking information against any online threats. You can rest easy knowing that your data is safe when using the best Bitcoin sports betting sites.

Bitcoin Betting Exchange

Besides Bitcoin sports betting sites, you may also come across BTC betting exchanges. While most bettors confuse them for sportsbooks, they are very different. Unlike bookies, betting exchanges take bets between players, which cuts commission fees. That way, they often have much better odds than even the best Bitcoin betting sites in the industry.

How does a Bitcoin betting exchange work? Have you ever bet at Betfair? While it doesn’t accept cryptocurrencies, all BTC betting exchanges work similarly. You’re essentially backing and laying odds against others instead of spreading your money against a bookie. Bitcoin betting exchanges are still few and far between, but they allow you to bet on sports and prediction markets on various blockchains and protocols that can lead to massive payouts.

New Bookmakers that Accept Bitcoin

While many leading online betting sites accept Bitcoin currently available on the market, some bettors may prefer to use a new online bookmaker website. Unfortunately, not many new bookies accept Bitcoin as a valid payment method.

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One promising new bookmaker that does allow Bitcoin for deposits and withdrawals is ZodiacBet. When looking for a new online bookie to use, you should make sure that it is fully legal and legitimate before registering with the site. When it is safe, you trust the website with your personal and banking information.

Factors We Consider While Choosing Bitcoin Betting Sites

We consider many factors when we review and rate the best Bitcoin betting sites. Our expert team thoroughly checks the betting sites, ensuring you get a comprehensive overview of each. Below you can see which factors we rate the highest when reviewing Bitcoin bookies.

Reputation and Trust

Cryptocurrencies are still relatively unknown for many bettors, and that’s why some are hesitant to join Bitcoin sportsbooks. We constantly check their reputation and trust among bettors online, reading honest user reviews that can tell much about the bookie. Then we check if they align with our opinion and rate the sportsbook on our pages.

Sports, Lines, and Odds Available

The number of early lines, sports, markets, and odds is a significant factor in our BTC betting sites reviews. It’s not just a question of quantity but quality too. A good BTC bookmaker should have plenty of available lines on major and niche sports, valuable odds, and great markets.

Anonymous Sports Betting with Bitcoin

Anonymous betting is one of the top advantages of Bitcoin payments at betting sites. Unlike fiat money payment methods, cryptocurrencies are anonymous. We always make sure the betting sites we review have Bitcoin on the list, which translates to anonymous bets.

Payout and Withdraw Speeds & Terms

All cryptocurrencies, including Bitcoin, boast the fastest deposit and withdrawal times. However, some sports betting sites can limit that with a mandatory review period. We only list BTC sites that pay instantly so you can have your winnings back right away.

VIP Programs and Bonuses

The best BTC betting sites on our list have massive bonuses and excellent VIP programs. You could say they have offers you can’t refuse. Bonuses and promos play a big part in our reviews. A good bookie should be generous, giving players free bets even higher for VIPs.

Consumer Reviews and Issues

User reviews can tell us the difference between good and bad Bitcoin betting sites. While checking the online reputation of the best Bitcoin betting sites, we read accurate user comments and reviews. We then weigh them up against our thoughts and see if they match.

Worldwide Acceptance

Why do we take a look at Bitcoin bookies? It is accepted worldwide, allowing you to fund your account with it everywhere you go. While it’s still mostly banned worldwide, many countries don’t have a legal framework that makes BTC legal.

Transaction Fees

The blockchain always takes a transaction fee when you use Bitcoin at betting sites, but it’s so tiny it’s forgettable. Unlike credit cards, deposits, or bank transfers which can be costly, one of the best advantages of joining Bitcoin betting websites is the fast and almost fee-free transactions.

That’s the million-dollar question, isn’t it? It all depends on how cryptocurrencies are regulated around the world. You’ll find significant differences from one jurisdiction to another. If the legislation in your country regulates online gambling and cryptos, you won’t find a problem. But, in countries such as Russia, where both are banned, you won’t be able to bet on Bitcoin sports betting websites.

While you can use a VPN to access international bookies, it’s better to obey the laws. Regulations around the world often change, which might be the case with Bitcoin. The way things are going right now, Bitcoin betting websites are getting increasingly more attractive to governments and bettors worldwide.

The Recent Growth of Bitcoin in Sports Gambling

Recently, there has been a drastic shift from using traditional currency for betting to using digital currency. Considering Bitcoin is the face of all digital currencies, it's received a high demand for sports gambling. Sports betting platforms accept it as a payment method, and this acceptance is bound to get more expansive by the day.

That's because punters want absolute anonymous, secure, and hassle-free betting. Cryptocurrency betting ticks all these boxes. It will enjoy sustained acceptance and usability in the betting industry.

How Much Is Bitcoin Betting Expected to Grow?

The surge in the number of crypto betting sites entering the betting market has enhanced Bitcoin betting. Bitcoin is a top three cryptocurrency many of these sportsbooks accept. As a result, it has become a popular choice among crypto bettors. With more and more people trying out crypto betting, there will be a continuous preference for Bitcoin for betting over other cryptos.

Is Using Bitcoin for Online Betting Worth It?

Using Bitcoin for sports betting has its fair share of advantages and disadvantages. There is plenty to love about this particular payment method, but there are also plenty of elements to dislike about using the payment option.

PROS CONS
PROS
  • Using Bitcoin is fast and convenient, especially if you already have an account with a digital wallet provider and some Bitcoin stored inside.
  • There is an increased level of anonymity when using Bitcoin for online betting.
  • There are usually never any fees associated with using Bitcoin for online gambling for withdrawing or depositing funds.
  • Bitcoin is a valid form of currency across the world.
  • Cryptocurrencies are an innovative alternative to traditional payment methods with better financial privacy and many other benefits.
  • By financial privacy, we mean not being able to share your financial data. That’s not the case with bank accounts and credit/debit card deposits, but Bitcoin provides that freedom.
  • Bettors hate fees when they bet at Bitcoin bookmakers, and while the blockchain charges something, it’s relatively low. Compared to the fees banks charge, it’s nothing.
  • Bigger and better Bitcoin bonuses are a significant advantage. Compared to fiat money bonuses, BTC bonuses may cover up to 1 BTC or more on sign-up, which, you must agree, is a lot of cryptos to bet.
  • While price volatility can get in the way, Bitcoin can jump to stratospheric heights in a day or two. Many consider it a bubble, but it has been able to hold its ground before, and many believe it’ll rise to new heights soon. In translation, those BTCs you bought for cheap may be more valuable at Bitcoin betting sites in the future.
CONS
  • Bitcoin may not be accepted in your region or country of residence or may not be valid when online betting.
  • For online casinos and sportsbooks, the game or sports odds cannot be confirmed “Provably fair” due to Bitcoin’s varying value.
  • The Bitcoin market is volatile, meaning that the value of Bitcoin can vary quite significantly at times with no real base level of value.
  • For all its worth, Bitcoin is still not legal in many countries. Regulation is changing quickly to accommodate the wants and needs of people worldwide, but cryptocurrencies are still taboo.
  • Price volatility is a major concern for all bettors. Considering the most recent price swings, no one can tell what Bitcoin’s price will be tomorrow or even later today. Unless you’re ready for huge ups and downs, it’s best to stick to standard payment methods.

An Overview of Using Bitcoin on Online Bookmakers

In summary, using Bitcoin for online betting is convenient, if not with a somewhat challenging market surrounding it. There are plenty of things to persuade bettors to use the method and plenty to dissuade them. But in general, online sports betting with Bitcoin is safe, secure, and still one of the most convenient and unique ways to bet. Hopefully, this detailed rundown of using Bitcoin for online betting has given you all the information you require to make your own informed decision about the payment platform. Below is a list of things that you should know about betting with Bitcoin:

Things to know about Bitcoin:

  • Many countries, such as the USA, Canada, the UK, France, and Malta, accept Bitcoin for online betting.
  • There are many benefits to using Bitcoin for online betting, such as a high level of convenience, a lack of fees, and increased anonymity.
  • The popular sports betting options that accept Bitcoin include football, American football, baseball, golf, and horse racing.
  • Some alternatives to Bitcoin are available, such as VISA and MasterCard debit card and credit card options, PayPal and Neteller Ewallet options, and bank transfer options.
  • Some of the most popular and reliable online sportsbooks that accept Bitcoin include MyBookie, Bovada, Nitrogen Sports and 22Bet.

Bottom Line

Reliable, safe, and secure are all the perfect words to describe the Bitcoin betting experience. Bitcoin, on the whole, is a great payment option for 2024 BetZillion gamble offers. Modern betting requires modern payment options, and Bitcoin provides this in heaps. Head to one of our recommended sites today to use Bitcoin for all your online betting needs.

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Frequently Asked Questions

  • How do you use Bitcoin for sports betting?
    Bitcoin can be used for online sports betting deposits and withdrawals. It is how money is transferred between the sportsbook and your Bitcoin account. Just select Bitcoin as your preferred payment method and choose the option to use Bitcoin when you go to deposit or withdraw funds from your online sportsbook account. You will need to account with an online digital Bitcoin wallet provider first and buy Bitcoin before you can use it for online betting. When depositing and withdrawing money using Bitcoin, you will get a link to copy it into your digital wallet.
  • How to buy Bitcoin for sports betting?
    One can buy Bitcoin on several official Bitcoin wallet sites. Some of the most popular platforms to buy Bitcoin include Robinhood, Square Cash, Coinbase, and Binance. Make sure you research your chosen Bitcoin buying site before purchasing any Bitcoin to ensure that it is safe and reliable.
  • What makes the right Bitcoin sportsbook?
    A good Bitcoin sportsbook should have wide-ranging betting options and odds and be completely legitimate, legal, and trustworthy. Sportsbook reviews frequently discuss all of these factors. If you are unsure of the best site, head to one of our sportsbook reviews to find the best one.
  • What is the best BTC betting site?
    The best BTC betting site must have great odds, many sports betting options, and 100% legitimacy and reliability. Many online operators share many characteristics regarding these determining factors, making it difficult to choose a definitive “Best” one. Ultimately, the best BTC betting site is tailored to your preferences and wants.
  • How do I deposit Bitcoin into a sportsbook?
    To deposit on a Bitcoin betting site, head to your account page, turn to the “Deposit” tab and select Bitcoin as your payment method. You will then get a link. Copy and paste this link into your digital Bitcoin wallet to transfer the chosen amount of Bitcoin into your sportsbook account. The funds should appear in your online sportsbook account within a few minutes.
  • How do you make a withdrawal from a sportsbook using Bitcoin?
    To withdraw from an online sportsbook, head to your account page and click “Withdraw.” From here, you need to select Bitcoin as your chosen payment method and enter the amount you wish to withdraw from your account. The bookie will send the bitcoin to your digital wallet within a few hours.
  • Which Bitcoin sites accept payouts from betting sites?
    All top Bitcoin buying sites and digital wallet providers will accept payouts and withdrawals from betting sites. However, it mainly depends on the legitimacy of the betting site you are using. If the bookie is not entirely legitimate, your Bitcoin provider or digital wallet may not accept it.
Tim Harrison

Tim is our betting guru. Every gaming site needs one, and Tim’s our guy. He has plenty of experience in betting online and is quite successful at it. Tim’s favorite sports are hockey, baseball, and Esports. Tim believes the latter to be the future of betting.

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