Crypto sports betting has emerged as a popular form of gambling that allows users to engage in betting using digital currencies such as Bitcoin, Ethereum, and many more.
But what are the real advantages of using crypto at sportsbooks? And why has it become so popular amongst players?
Let’s delve deeper into this in our comprehensive guide and take a look at the best cryptocurrency sports betting sites that will make the most out of gambling in 2023.
Top List And Reviews
BC.Game – Best Overall Bookmaker 2023
- Accepts players from US and World Wide
- Over 50 cryptos and 15 blockchain networks are supported.
- Swift payouts, most transactions are processed within minutes.
- Competitive odds for sports betting enthusiasts.
We have seen BC Game emerge as a prominent platform for the crypto betting market, despite being relatively new to the scene. Established in 2019, this brand has quickly gained a strong reputation as a sports betting site in the community.
Since it launched, BC Game has impressed us with its extensive range of sports betting markets from around the globe. Whether it’s major tournaments or minor leagues, customers can enjoy a wide array of Bitcoin sportsbook options.
Customers have the option to use over 50 cryptocurrencies and over 15 blockchain networks. Naturally, all the popular currencies such as BTC, XRP, LTC, ETH, USDT, VET, and RVN, are available, providing bettors with huge flexibility.
BC Game also prides itself on executing payouts swiftly, with most transactions processed within minutes and occasionally within a few hours during peak times.
We really appreciate the quick and fast betting experience here, coupled with near-instantaneous withdrawals. The dedicated Android and iOS apps further enhance the convenience of mobile betting.
Additionally, BC.Game offers generous bonuses and promotions, with fair requirements. The sports betting section frequently offers lucrative bonuses that are particularly attractive to players who place larger bets.
BC Game has a betting margin of 94% for major events like the UEFA Champions League, Euroleague Basketball, and Tennis. The NBA and NHL offer margins of 96% and 95%, respectively, while the average margin across all sports stands at 94.6%.
While the website functions excellently, they also have dedicated iOS and Android apps for those who prefer a more streamlined mobile experience. Both the pre-match and live betting sections are filled with an abundance of options to cater to our preferences.
Betplay.io – Offers High Odds on All Sports
- Accepts players from US and World Wide
- A wide range of sports betting events and live options.
- User-friendly interface and great crypto support.
- Secure and fair play, protecting user information, and promoting responsible gambling.
This excellent online gambling site offers us a wide range of sports betting options. The platform provides an extensive selection of events from around the world, allowing us to place bets on football, basketball, tennis, cricket, and many more.
This is a user-friendly site that makes it easy for both experienced bettors and newcomers to navigate and find our desired sports events and betting markets.
We can browse through different sports betting markets, view live matches, and access detailed information about each event, including team statistics, player profiles, and match histories.
Betplay also provides a good range of betting options to suit our different preferences and strategies. We can choose from popular bet types like moneyline, point spread, over/under, and parlays, among others.
We also enjoyed live betting, placing our bets during ongoing matches, and taking advantage of dynamic odds and changing game situations.
One of the notable features of Betplay is the commitment to security and fair play. The platform ensures the protection of our information and transactions through advanced encryption technology.
Additionally, they promote responsible gambling practices, providing us with tools and resources to manage our betting activities responsibly.
To enhance our betting experience further, Betplay offers bonuses and promotions. These incentives may include welcome bonuses for new users, cashback offers, and free bets, among others.
Jackbit – Great Selection on Sports Markets
- Accepts players from US and World Wide
- Popular betting options include football, basketball, tennis, darts, and Formula 1.
- Unique betting is available such as political elections and entertainment awards.
- Highlight on the selection of esports, covering popular games like LoL, Counter-Strike, and Dota 2.
JackBit covers sports betting exceptionally well, leaving us thoroughly satisfied with the range of sports events they offer. Catering to a wide variety of sports, including popular ones like football, basketball, tennis, darts, rugby, and Formula 1, as well as more obscure sports such as lacrosse, cross country, and many more.
In their special category, they even provide betting opportunities for all sorts of worldly events like politics, the winners of the Oscars, and many more.
JackBit ensures that their gambling site is enjoyable for both casual casino players and sports fans who want to bet on the next game. But what truly sets them apart is the great esports betting possibilities they provide.
They cover numerous e-sports games, including StarCraft, Rainbow Six, League of Legends, Dota 2, Counter-Strike, and various others. Users will find plenty of matches lined up, each offering betting opportunities.
While some matches may have only a handful of bets available, others present a greater number of possibilities. Furthermore, users have the option to live bet on these games as they unfold in real-time.
Cloudbet – Award Winning Bookmaker
- Accepts players from US and World Wide
- Unbeatable odds and a wide range of sports from around the world.
- Live betting and streaming options allow users to place bets with high winning probabilities.
- Great loyalty system to reward players who place large bets.
Since its launch in 2013, Cloudbet has established itself as one of the top crypto betting sites with a Curacao eGaming license.
We particularly appreciate its state-of-the-art sports section, which offers both live betting and streaming. This feature allows us to place bets with high winning probabilities, whether we’re into e-sports, virtual sports, or real events.
Cloudbet offers us both a betting site and an online casino, providing a comprehensive gambling experience. From the get-go, we are impressed by the odds and range of markets and sports from around the world in the sportsbook.
The accessibility of Cloudbet is another aspect that appeals to us. We can place bets at any time and from anywhere, thanks to its compatibility with iOS, Windows, and Android devices.
Depositing, claiming bonuses, and withdrawing funds is a breeze, even on the small screens of our smartphones and tablets. The fully optimized website ensures a seamless experience across different platforms.
Cloudbet’s fast withdrawals through various cryptocurrencies like Bitcoin, LiteCoin, and Dash add to the convenience of using the platform.
Cloudbet’s first deposit bonus of up to 5 Bitcoins is primarily geared towards casino game players. This is a slight drawback for us sports betting enthusiasts who don’t indulge in casino gaming.
Nonetheless, Cloudbet compensates for this through its loyalty system, which offers additional benefits based on the wagers we place. Those who make large bets can enjoy significant advantages.
When it comes to payout percentages, Cloudbet delivers attractive rates, such as 96% on Tennis, 95% on the UEFA Champions League, 93% on the NBA, 96% on Euroleague Basketball, and 95% on the NHL. The average betting margin of 95% ensures fairness and competitiveness throughout our gambling experience.
LuckyBlock – Big in Basketball, Football and Ice Hockey
- Accepts players from US and World Wide
- Sportsbook with 40+ sports events and e-sports betting.
- Competitive odds for popular sports like football, basketball, and more.
- Quick Bet feature for convenient one-click wagering.
Lucky Block is one of the best Bitcoin sports betting sites with a multitude of betting markets. The range of choices is truly extensive, with over 40 sports and eSports events to explore. Whether it was national or international competitions, Lucky Block had us covered.
The competitive odds were compiled daily and updated regularly so we had the most current information at all times.
We were able to bet on popular sports like football, basketball, and ice hockey, as well as discover other exciting sports we had not even heard of before. Virtual sports, such as e-cricket, added an extra layer of entertainment when no interesting live matches were played.
Lucky Block also offers e-sports betting with options available for ten popular games. The user-friendly interface made the entire betting process quick and straightforward. They also have a very handy feature called Quick Bet which allowed us to wager with just one click.
In conclusion, Lucky Block Sportsbook provides a comprehensive and diverse range of options for sports events and e-Sports betting.
With a wide selection and great features like the Quick Bet option, this is a Bitcoin sports betting site that caters to both seasoned bettors and newcomers. We highly recommend Lucky Block to anyone looking for an exhilarating betting experience.
Vave – Premium Betting Site 2023
- Accepts players from US and World Wide
- Over 35 sports, including popular options like football, basketball, tennis, and Snooker.
- Fair betting experience with attractive potential returns.
- In-play betting options with over 30,000 monthly events.
Vave Sportsbook offers an impressive selection of more than 35 sports in their pre-match section. We were happy to find popular favorites like F1, football, tennis, and Snooker.
The in-play betting options at Vave impressed us with over 30,000 monthly events and an average payout rate of 93.50%.
Apart from these extensive options, we also appreciated the additional features provided by this Bitcoin sports betting site.
Live Streaming is available for most sports, and Cash Out is fully accessible for many sports. When it comes to payments, Vave offers a convenient cashier section that supports eight different cryptocurrencies.
We were pleased to find popular options like BTC, ETH, BCH, and LTC, which are must-haves as a top crypto sports betting site. However, what really caught our attention were the altcoins available, such as XRP, TRX, and DOGE.
Vave truly goes the extra mile to make crypto transactions smoother by offering in-game wallets for each supported coin. This feature helps minimize exchange fees and simplifies the overall process.
Another noteworthy feature of the banking section is the ability to display your crypto balance in fiat currency, making it incredibly convenient to keep track of your funds without the hassle of calculating.
Although there isn’t a dedicated mobile app for Vave, their optimized website ensures seamless access from any device. The multilingual customer support team is available 24/7 and can be reached via email or Live Chat.
Justbit – Top Rated Sportsbook
- Accepts players from US and World Wide
- Justbit offers a diverse range of sports to bet on, including golf, e-sports, tennis, football, and basketball.
- Fair odds and a selection of six different odds formats.
- Missions, regular promotions, and a VIP Club with tiers.
In our extensive review of Justbit, we found a unique and diverse range of sports betting options available. Football, basketball, golf, e-sports, and tennis are just a few of the betting options we have at Justbit Casino.
In addition to the selection of sports events, we also have the possibility to place bets on political events and similar.
Justbit offers fair odds to its players and depending on our geographical location, we could conveniently choose our preferred odds format.
Unlike most websites that provide only three options, Justbit went above and beyond by offering six different formats: American, Decimal, Fractional, Hong Kong, Indonesian, and Malay.
But that’s not all, the live betting option also caught our attention. This popular feature allowed us to place bets while a match was unfolding, adding an extra layer of excitement to our betting experience.
Additionally, we appreciated the flexibility of switching to our preferred language within the sports section.
Apart from the extensive selection of sports and markets, Justbit gives the players the ability to participate in daily missions, claim regular promotions, and advance through the tiers of the VIP Club.
It’s safe to say that Justbit has gone above and beyond to create a truly remarkable sports betting experience.
How We Selected The Best Crypto Betting Sites For Our Top List
When we selected the crypto sportsbooks for our betting journey, we had several crucial factors to take into consideration. These factors will not only enhance the overall betting experience but also contribute to a safer and more rewarding venture. Let’s explore the ten key factors we looked at:
Reputation and Trust
The reputation of the sports betting sites is of utmost importance. We looked for sites with a solid track record, positive user reviews, and a history of timely payouts.
Range of Sports and Events
A good crypto betting site should have a wide selection of sports and events to cater to different preferences. We ensured that the platform covered popular sports like football, basketball, tennis, and more, along with a variety of leagues and tournaments.
User-Friendly Interface
A well-designed and intuitive interface makes the sports betting process smoother and more enjoyable. We chose platforms with a clean layout, easy navigation, and clear bet placement procedures.
Competitive Odds and Sports Betting Options
The odds offered by a sports betting site significantly impact the potential returns. We compared the odds provided by different platforms and analyzed the available betting options to find the best crypto betting sites.
Security and Privacy
We selected the sites that prioritized robust security measures to safeguard user funds and personal information. Features like two-factor authentication, encryption, and cold storage wallets for cryptocurrencies, are important.
Fast and Reliable Withdrawals
We only recommend the best crypto sportsbooks that can ensure swift and hassle-free withdrawal processes. Quick access to our winnings was crucial for a place in our top list.
Bonuses and Promotions
We also considered the value added by bonuses and promotions to our betting experience. Sportsbooks that offered attractive welcome bonuses, ongoing promotions, and loyalty programs that rewarded regular users.
Customer Support
The importance of reliable and responsive customer support for any concerns or issues is crucial. We made sure that the sports betting sites offered multiple channels of communication and had a reputation for providing excellent customer service.
Mobile Compatibility
In today’s fast-paced world, the ability to bet on the go was essential for us. We looked for crypto sportsbooks that offered a mobile-friendly platform or dedicated mobile applications to ensure seamless betting from our smartphones.
Licensing and Regulation
We verified that the sportsbook held the necessary licenses and operates under proper regulatory oversight. This ensures a fair and transparent betting environment, with mechanisms in place to handle disputes and protect customer rights.
By evaluating these factors in our reviews, we were able to select crypto sports betting sites that deserved a spot in our top 10 list.
Crypto Betting A How-To-Guide
Betting with crypto has gained popularity due to its simplicity and many other advantages. Here is a step-by-step guide on how to get started with crypto at betting sites:
- Start by selecting a recommended crypto betting site that supports your preferred currency. Look for platforms with positive reviews, strong security measures, and a wide range of sports betting options.
- Once you’ve chosen crypto betting sites, create an account by providing the necessary information. This usually involves creating a username, password, and entering your email address.
- Some sports betting sites may require additional steps for verification, such as email verification or providing proof of identity. Follow the instructions provided by the platform to complete the registration process.
- After creating an account, it’s time to deposit funds into your betting site account. Most crypto sportsbook sites provide a unique wallet address for each supported currency. Copy the provided wallet address and use it to send the desired amount of cryptocurrency from your personal wallet.
- At this stage, make sure to claim the welcome package or bitcoin casino bonus that the site offers new players. Check the terms and requirements for the bonus and see if any bonus code is needed before accepting the reward.
- Explore the sports and events offered by the crypto sportsbooks. The best online sports betting sites cover a wide range of sports, including popular options like football, basketball, baseball, soccer, tennis, and more. Take your time to understand the available markets and options. It is also a plus if the chosen crypto betting site offers casino games.
- Once you’ve chosen a sport and event, explore the available crypto betting options. This can include traditional options like moneyline bets, point spreads, and over/under bets, as well as more specific bets like prop bets and parlays. Assess the odds and consider different strategies before making your selections.
- After selecting your preferred crypto betting options, determine the amount you wish to wager. The platform will display the potential payout based on the odds. Double-check your selections and confirm your bet.
- If you win on your bet or wish to withdraw funds for other purposes, you can initiate a withdrawal from your account. Follow the withdrawal process provided by the gambling site, which typically involves entering the desired amount and confirming the transaction. The funds will be transferred to your personal wallet.
- Remember to practice responsible gambling. Set limits on your sports betting activities, never wager more than you can afford to lose, and take breaks when needed. Gambling should be an enjoyable activity, so always prioritize responsible behavior.
Popularity Of Betting With Crypto
Betting on sports has experienced remarkable growth in recent years. And the integration of cryptocurrencies has opened up new possibilities and advantages for both sports enthusiasts and online gambling sites.
Here are some key factors that have contributed to this growth:
Faster Transactions
Cryptocurrencies offer faster transaction speeds compared to traditional banking methods. With near-instantaneous transfers, users can deposit and withdraw funds quickly, allowing for a seamless betting experience.
Lower Fees
Crypto betting sites offer lower fees compared to traditional platforms. This is because cryptocurrencies bypass intermediaries like banks, eliminating additional costs associated with currency conversion or processing fees.
Increased Privacy
Privacy is a significant concern for many bettors. Cryptocurrencies provide an additional layer of privacy, as transactions can be conducted without revealing personal information. The use of pseudonyms or wallet addresses ensures a certain level of anonymity.
Decentralization and Security
The decentralized nature of cryptocurrencies ensures that betting platforms are not controlled by a single entity, similar to Ethereum casino sites. This reduces the risk of manipulation or unfair practices. Additionally, the implementation of blockchain technology enhances the security and transparency of transactions.
Global Accessibility
Crypto sportsbook sites offer global accessibility. Bettors from different parts of the world can participate without being hindered by geographical boundaries or currency conversion issues.
Growing Popularity of Cryptocurrencies
The growing popularity and adoption of cryptocurrencies have played a significant role in the expansion of the crypto sports gambling industry.
As more individuals embrace cryptocurrencies and seek ways to use them, the demand for crypto, and especially Bitcoin sports betting sites has increased.
The combination of these factors has fueled the growth of sports betting sites with crypto. The industry continues to evolve, attracting more users, and integrating advanced features to provide an enhanced experience.
With the increasing number of sites launching, the future looks promising for crypto gambling.
Advantages Of Crypto Sports Betting
There are several distinct advantages of crypto for online sports betting vs. traditional betting methods. Let’s delve deeper into the key differences between the two:
Traditional betting often involves cumbersome processes, such as bank transfers or manual payment verifications. In contrast, crypto sports betting sites enables near-instantaneous deposits and withdrawals, allowing for quick and seamless transactions.
Traditional betting platforms typically charge higher fees due to various intermediaries involved in the payment process. Cryptocurrencies eliminate many of these intermediaries, resulting in lower fees and better value for bettors.
While traditional betting at online casino real money sites may require the disclosure of personal information, a Bitcoin betting site allows for increased privacy. Transactions conducted with cryptocurrencies do not require the disclosure of personal details, ensuring a higher level of anonymity for bettors.
Cryptocurrencies utilize advanced encryption techniques and decentralized networks, making them highly secure. Traditional betting platforms often rely on centralized systems that can be susceptible to security breaches.
Online betting sites with crypto offer enhanced accessibility, particularly for individuals in regions where traditional betting might be restricted or face legal challenges. With crypto sports betting, anyone with an internet connection can participate, regardless of their geographic location.
Traditional betting platforms are subject to strict regulations and licensing requirements. While the cryptocurrency sports betting industry is evolving, it currently operates with varying degrees of regulatory oversight.
This can be seen as both an advantage, allowing for more freedom, and a potential concern due to the lack of standardized regulations.
It’s important to note that both crypto sports betting and traditional betting have their merits and considerations.
Ultimately, the choice between the two depends on individual preferences, the legal landscape in one’s jurisdiction, and the desired features and benefits sought by the bettor.
What Online Betting Sites Are The Best?
Determining the best crypto sports betting site is subjective and depends on individual preferences, requirements, and priorities.
However, the recommended brands in our top list are reviewed and stand out for their top-notch features and user experiences.
While our top list of the best crypto betting site is a great example, it’s important to conduct some research and consider individual preferences before knowing what suits you best.
Factors such as available sports, user interface, betting options, odds, available casino games, and overall reputation should all be taken into account.
10 Frequently Asked Questions and Answers
Are crypto sports betting sites safe?
The best crypto online betting sites prioritize user safety and employ robust security measures to protect user funds and personal information. It is important to choose platforms with a solid reputation and positive user reviews.
Can I use any cryptocurrency for betting?
The availability of cryptocurrencies for betting varies by platform. However, all of the best crypto sports betting sites support popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and more. Check the platform’s accepted currencies before registering.
How do I deposit and withdraw funds on a crypto sports betting site?
Depositing and withdrawing funds on a Bitcoin betting site typically involves sending and receiving cryptocurrencies to and from your personal wallet. The platform will provide a unique wallet address for each supported cryptocurrency.
Are there any fees associated with crypto sports betting?
Some platforms may charge small fees for deposits, withdrawals, or transactions. However, cryptocurrency transactions generally have lower fees compared to traditional banking methods.
Can I bet anonymously with cryptocurrencies?
Cryptocurrencies offer increased privacy compared to traditional payment methods. While transactions are pseudonymous, complete anonymity depends on the platform’s policies and Know Your Customer (KYC) requirements.
How are odds determined in crypto sports betting?
Odds in crypto sports betting are determined based on various factors, including the likelihood of an outcome and the betting behavior of users. A Bitcoin sportsbook uses algorithms and statistical analysis to set odds.
Can I trust the fairness of crypto sports betting sites?
Reputable crypto sports betting sites utilize fair betting algorithms and may employ provably fair systems.
These systems allow users to independently verify the fairness of outcomes by examining cryptographic proofs.
Is Bitcoin sports betting legal?
The legality of a Bitcoin betting site varies by jurisdiction. It’s important to review the local laws and regulations regarding online gambling and cryptocurrencies in your region before engaging in such activities.
Can I use a VPN to access crypto sports sites?
While some platforms may allow VPN usage, others may have restrictions. Always review the terms and conditions of the specific platform to ensure compliance.
What happens if my bet is successful?
If your bet is successful, your winnings will be credited to your account balance. From there, you can choose to withdraw the funds or continue betting on other events.
In conclusion, by considering the factors mentioned when selecting a betting site, understanding how to bet, and being aware of the key differences between crypto betting and traditional betting, enthusiasts can enjoy a rewarding and secure betting experience.
Source: https://www.newsbtc.com/gambling/best-crypto-sports-betting-sites/