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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 cryptocurrencies 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.

50% up to $1000
T&Cs Apply
check icon24/7 support
check iconWelcome offers
check iconMobile apps
100% up to $2500
T&Cs Apply
check iconWelcome offers
check iconFast payouts
check icon24/7 support
100% up to $1000
T&Cs Apply
check iconGreat markets
check iconWelcome offers
check iconHigh odds
50% up to $250
T&Cs Apply
check iconVIP program
check iconLive games
check iconMany bonuses
-
T&Cs Apply
check iconVariety of odds
check iconMany bonuses
check iconCash out
Up to $750 for NA only
T&Cs Apply
check iconMany bonuses
check icon24/7 support
check iconMobile apps
50% up to $1000
T&Cs Apply
check iconWelcome offers
check iconEsports market
check iconLive streaming
100% up to $500
T&Cs Apply
check iconLive betting
check iconMany sports
check iconFast payouts
100% up to $500 on 1st deposit and 50% up to $250 on 2nd deposit
T&Cs Apply
check iconGreat bonuses
check iconEsports offers
check iconCash out
100% up to €30000
T&Cs Apply
check iconHigh odds
check iconMany languages
check icon24/7 support

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, 1xBet, and Parimatch.

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.

50% up to $1000
Earn a 50% Welcome Bonus up to $1,000 on your first-ever deposit at BetOnline. Use code BOL1000 and your extra 50% will be added to your sports betting bankroll instantly! Full T&Cs apply
100% up to $2500
New customers only! Get 100% sports up to $2500 on your First Deposit! To claim - use promo code: JOIN125 Full T&Cs apply
100% up to $1000
New customers only! Get 100% up to $1000 on your First Deposit! Full T&Cs apply
50% up to $250
To receive your Welcome Bonus, simply redeem it, make a deposit and instantly receive a 50% bonus up to $250. Full T&Cs apply
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Up to $750 for NA only
North American customers enjoy up to $250 extra on each of their first three deposits. Full T&Cs apply

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.

👍 Minimum Deposit: BTC 0.00001
% Processing Fee: No Fee
Transaction Speed: 3-40 Minutes Transaction Times
🆓 Largest Free Bet: Bovada: 50% up to $250 MyBookie: 100% up to $1000 in Free Bet Mbet: Up to 5m₿ in Risk-Free Bet in Horse Racing
📱 Dedicated app: Yes
🌍 Supported in: Albania, Andorra, Argentina, Barbados, Belarus, Bermuda, Colombia, Estonia, French Guiana, Gabon, Georgia, Germany, Gibraltar, China, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kosovo, Kyrgyzstan, Lithuania, Malaysia, Maldives, Malta, Mauritius, Netherlands, Nigeria, Panama, Paraguay, Peru, Singapore, Slovenia, Switzerland, Tanzania, Tunisia, Ukraine, United Arab Emirates, United Kingdom, Uruguay
💯 Best Bitcoin Betting Site: Parimatch
Fastest Bitcoin Bookie Withdrawal: Vbet
Best Bitcoin Bookie Deposit: Winabet365
🔝 High Deposit Limits: 22Bet
🔁 Betting Exchange and Bitcoin: MyBookie
🎁 Best Bitcoin Bonus: Bovada

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.

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.

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 2023. A whole range of sports betting options is right at your fingertips within just a few seconds. 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.

50% up to $1000
T&Cs Apply
check icon24/7 support
check iconWelcome offers
check iconMobile apps
100% up to $2500
T&Cs Apply
check iconWelcome offers
check iconFast payouts
check icon24/7 support
100% up to $1000
T&Cs Apply
check iconGreat markets
check iconWelcome offers
check iconHigh odds
50% up to $250
T&Cs Apply
check iconVIP program
check iconLive games
check iconMany bonuses
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T&Cs Apply
check iconVariety of odds
check iconMany bonuses
check iconCash out

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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T&Cs Apply
check iconVariety of odds
check iconMany bonuses
check iconCash out
100% up to €30000
T&Cs Apply
check iconHigh odds
check iconMany languages
check icon24/7 support
Up to 5m₿ in risk free bet in horse racing
T&Cs Apply
check iconEasy to use
check iconSuperb bonuses
check iconGreat support

One promising new bookmaker that does allow Bitcoin for deposits and withdrawals is MansionBet. 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.

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
  • 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.
  • 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 2023 online betting. 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.

Need a bookie that accepts Bitcoin?

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.
  • What is the best BTC betting site?
    Sportsbook reviews
  • How do I deposit Bitcoin into a sportsbook?
    frequently discuss
  • How do you make a withdrawal from a sportsbook using Bitcoin?
    all of these factors. If you are unsure of the best site, head to one of our sportsbook reviews to find the best one.
  • Which Bitcoin sites accept payouts from betting sites?
    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.
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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