Top Crypto Sportsbooks in 2023
We are ranking cryptocurrency betting brands based on the following factors. We list only true crypto brands!
- User friendliness of the platform
- Selection of products and games
- Payout rates
- Bonuses and other promotions
- Reputation in the industry
HOW TO CHOOSE A CRYPTO BETTING SITE? 5 THINGS TO CONSIDER
Choosing the right online crypto sportsbook can be a daunting task, but by considering a few key factors, you can make an informed decision that maximizes your chances of winning big (or getting paid when you win big). To help you get started, we’ve identified five key factors to keep in mind when selecting the best crypto gambling sites.
1) 🏦 Trust
Finding a trustworthy and reputable betting company is sometimes more important than finding the winning picks for next Superbowl winner. Look for sportsbooks that resolve disputes quickly, provide good customer support, and communicate clearly with their users. Brands like Stake and Sportsbet.io are fully licensed and have a good reputation in the crypto gambling community through their sponsporship deals over the years.
2) 🛑 Country Restrictions
Before you prepare to sign up to any online Bitcoin betting site, make sure to check the list of restricted countries. Most betting companies are licensed in multiple jurisdictions and these licenses allow them to operate in those countries. Some work with offshore licensing from countries like Curacao and Malta, and accept players globally. In any case, one of the first things to check before signing up is if your country is supported. If your country is not supported, use of VPN might help you get around the restriction. In that case t’s better to look for a VPN-friendly crypto betting site.
3) ₿ Supported Cryptocurrencies
After finding a trustworthy bookie, payout speed and accepted cryptocurrencies are key considerations. Some betting sites offer quick withdrawals of ten minutes or less, while others may have caps on withdrawal amounts. Make sure to check which cryptocurrencies are accepted, especially if you have a particular coin in mind. Bitcoin, Ethereum and Tether are pretty standard but if you’re a Shibu Inu hodler, better to check our lists for betting sites for each crypto coin.
4) % Payout Rates
High payout rates mean getting more return for your money with every bet. A sportsbook with 98% payout rate will pay you $198 for every $100 you stake if you win. With a lower paying sportsbook you might only get $195 or $193! It’s hard to see the difference in a single bet that you win or lose, but in the long run it will make a big difference. Sportsbooks like 1win and Sportsbet.io are known for generally higher payout rates.
You can always do line shopping and compare the pregame odds of the bet you want to take on several sportsbooks, but on live betting this would be more difficult. So it’s best to stick to the overall high payout bookmakers.
5) 🎁 Welcome Bonus & Promotions
Finally, look for betting sites with deposit bonuses and engaging VIP promotions. Be aware that the biggest deposit bonuses often come with high wagering requirements, so it’s important to read the terms and conditions carefully. Nanogames and Fortunejack are just two examples of betting sites with first deposit bonuses, great VIP programs and community-based promotions.
By keeping these five factors in mind, you can choose the best crypto gambling sites that meet your needs and provide an enjoyable and rewarding gambling experience.
Latest Bitcoin Gambling News
We’re keeping you up to date on what’s happening with the betting and casino sites of the crypto universe. You will find new bonuses, new game launches, brand new gambling brands and industry wide changes here.
5 ADVANTAGES OF BITCOIN BETTING SITES VS TRADITIONAL BOOKMAKERS
1) 😊 Ease of use
Bitcoin betting sites and casinos are fairly a new breed in the online gambling scene. This means that almost all of the crypto gambling sites are built on new technology platforms. Newer technology means faster speeds, less clutter, less red tape and overall better user experience. Traditional bookmakers were mostly founded 10 to 20 years ago, whereas the crypto bookies go back only a few years. Only thing to consider carefully with new betting platforms is the trustworthiness, for that a detailed read through of bookmaker reviews would help.
2) 🥷 Anonymity
With cryptocurrency betting sites and casino, your identity remains hidden, providing you with a high level of privacy. As with crypto transfers, the transaction itself is transparent, but the person behind the transaction is never revealed. This anonymity is one of the key features that attract many users to cryptocurrencies.
Furthermore, cryptocurrency transactions are not recorded on your bank or account statement, giving you complete control over your financial history. This is particularly beneficial for those who value privacy and want to keep their financial information secure. With cryptocurrency, you can manage your transactions without revealing your identity or exposing your financial details.
3) 💨 Quick Sign Up
Account sign up is a necessary step to ensure the security of your crypto betting account. While it does come with a set of rules and regulations, it doesn’t have to be a time-consuming process. Unlike traditional accounts, owning a cryptocurrency betting account allows you to bypass the risk of having your profile hacked and bank information leaked.
Sign up with crypto betting sites require usually only email address and a password, whereas with traditional betting sites the verification process typically involves taking pictures of your passport, ID card, or driver’s license from the front and back, as well as a selfie to verify your identity.
If you’re dealing with larger amounts, it’s highly recommended to consider getting fully verified on a crypto gambling site. This extra step can help ensure the security of your account and protect your transactions, providing you with peace of mind while you enjoy your gambling experience.
4) 🌎 Less Country Limitations
Many countries impose restrictions on gambling sites, some have a complete ban, some limit it to only a few operators. With crypto betting sites you will see that there are much more betting site options to choose from, depending on where you live. Even though operators can offer gambling in your country online, it’s best to check local regulations that the players must adhere to.
If you see that your access is restricted to a crypto betting site, you can try using a VPN to connect with an allowed IP address. Most cryptocurrency betting operators allow use of VPN, but it’s always good to check with the company before making your first deposit.
5) 🏴 Decentralised Betting Platforms
If you’re thinking that everytime you bet, you’re making a gambling mogul richer, it might be good to use one of the decentralised betting platforms. There are some small, user based platforms like Augur, UBetSports, Betdex and Dexsport which are built on Ethereum or Solana blockchain. On these Provably Fair gambling sites all betting transactions take place on blockchain and therefore easily verifiable by the users. It’s possible to bankroll and take a share of the platforms profits, which makes the decentralised betting platforms unique and fair.
Best Online Bitcoin Casinos
Bitcoin Gambling Frequently Asked Questions
We share with you the frequently asked questions we receive about online bitcoin casino and betting sites according to the feedback we receive from users. You can find all the information you need under this heading.
What Is A Crypto Betting Site?
Generally new generation sports betting and casino sites that offer only Bitcoin, Ethereum, Tron, Solana, Doge and other cryptocurrencies as deposit and withdrawal methods.
Some crypto betting sites might offer options to buy cryptocurrency with your bank or card, in case you don’t have any cryptos. If you’re new to cryptocurrencies, it might be a good idea to read about it first.
Are Bitcoins the Best Method for Payments?
The answer to this question is yes for many users. Since Bitcoin is still the largest cryptocurrency, it’s the most popular deposit and withdrawal method on crypto betting sites. Disadvantages of Bitcoin is high transaction fees on the blockchain network, and processing times. Even though crypto betting sites would credit your funds on the first confirmation, it might take a couple of minutes.
Alternatively Tron and Solana are faster and cheaper options to make deposits and withdrawals.
What Happens if the Payment Fails?
If you are sure that you made a cryptocurrency transfer to the correct address for depositing to your betting account, you can take the proof of transaction from a public source like Blockchair, Blockchain Explorer or Etherscan and share that with the customer service of the betting company. These issues are not common and would be resolved by the customer service agents.
Do Betting Companies Charge for Crypto Transactions?
No, there is no charge. Only some betting sites or casinos charge you for repeated withdrawals.
Usually, most casinos offer the option of free withdrawals within 24 to 48 hours. Any withdrawals you make within this period will not be charged. However, if you want to withdraw again later, you will have to pay a transaction fee at the rates set by the site.
Are Bitcoin Bookmakers Safe?
Most of the time. As with any online business, there are scammers and companies that are not up to safety standards in crypto gambling world. These are few in numbers but still exist. We work hard to review the operators, use the product, talk to the company to make sure that 100% of the brands we list are safe.
Crypto Betting And Casino Bonuses
Check out three different bonus types that you can take advantage of. You will have the opportunity to earn more with these bonus types we have explained in detail.
First Deposit Bonuses
Many bitcoin betting sites offer up to 100% deposit bonus on the first deposit. This means that you will get a bonus amount on your balance that is matching your deposit amount. At some you will find bonuses for 2nd, 3rd or 4th deposits.
Read More: Welcome Bonuses
No Deposit Bonuses
Few of the crypto gaming brands offer No Deposit Bonus, which are credited on the player balance as soon as an account is created. Any winnings with these bonuses might require a deposit or verification to withdraw. Creating more than one account is usually not permitted.
Read More: No Deposit Bonuses
Free Spins Bonuses
Similar to first deposit bonuses, most of the crypto casinos offer casino Free Spins upon the first deposit. These free spins can be used on slot games and winnings can be withdrawn after a certain amount is played. Some form of KYC verification is usually required before first withdrawal.
Read More: Free Spins Bonuses
HOW TO GET STARTED WITH CRYPTO GAMBLING
If you’re new to Bitcoin gambling, getting started is easy. Follow these simple steps to start enjoying your favorite bets and casino games:
Step 1: Buy crypto ₿
Before you can start gambling with crypto, you need to make sure you have the crypto coins. If you don’t have any crypto you hold, you’ll need to purchase some cryptocurrencies. Visit a reputable cryptocurrency exchange website or mobile app to buy the coins you need. As of writing, Coinbase, Kraken and Binance are still the largest and most reputable cryptocurrency exchanges available. With what happened to FTX, we recommend to use cold wallets to store your cryptocurrencies.
On selecting which cryptocurrency, keep in mind that while Bitcoin is the most widely accepted virtual currency, some casinos offer better bonuses and free spins with other cryptocurrencies.
Step 2: Choose a wallet to store your crypto 💰
Once you have purchased your coins, you’ll need to choose a secure wallet to store them in. Not all wallets can hold all cryptocurrencies, so make sure to choose one that is compatible with the coins you have purchased. More expensive wallets come in the form of a USB stick, providing you with a physical backup in case you get hacked or forget your private keys and passwords.
Step 3: Research and choose a crypto betting site 🏈
This is the step where you probably have landed on this site. It’s a smart thing to do since not all Bitcoin betting sites are created equal. Make sure to research your options and find a bookmaker that offers fair bonuses and low wagering requirements. Some casinos may not support sports betting or certain slot games, so make sure to check the offerings before you sign up. At our website, we have done the research for you and have provided a list of the best online crypto betting sites.
Step 4: Register and make a deposit 🎰
To start playing at your chosen betting site, you’ll need to register an account and make a deposit. Some sportsbooks may require additional verification steps to prevent fraud and hacking. Make sure to follow these steps carefully to ensure the security of your account. Keep in mind that not all Bitcoin casinos and bookmakers operate in the same way. Some companies immediately convert your cryptocurrency to traditional currency, while others allow you to gamble with crypto without converting it. Choose a casino that fits your needs and preferences.
With these simple steps, you can start enjoying the exciting world of Bitcoin gambling. Good luck and have fun!