Bitcoin betting sites h🐎ave become popular thanks to their quick transactions and lack of fees when depositing and withdrawing. Many are regulated and safe to use for punters who prefer using crypto over standard currencies on traditional sportsbooks. Join us as we review the best crypto betting sites and explain how they work.
- 1 Best Bettꦍing Sites We Recommend for Bitcoin Betting in 2024
- 2 Our Top Bitcoin Betting Sites Reviewed
- 3 Bitcoin Betting Apps
- 4 Crypto Betting: How To Get Started
- 5 How To Choose a Crypto Betting Site
- 6 How We Review Crypto & Bitcoin Betting Sites
- 7 Advantages of Bitcoin Betting
- 8 Disadvantages of Betting With Bitcoin
- 9 Available Options on Bitcoin Betting Sites
- 10 Best Crypto & Bitcoin Exchange
- 11 Things To Consider When Betting With Bitcoin
- 12 How To Deposit Using Bitcoin
- 13 How To Withdraw With Bitcoin
- 14 Alternative Types of Crypto Betting
- 15 Responsible Crypto Betting
- 16 ThePuntersPage Final Say
- 17 Bitcoin Betting Resources
- 18 BEST BITCOIN BETTING SITES FAQS
Best Betting Sites We Recommend for Bitcoin Betting in 2024
100% Cashback |
up to £150 Welcome Bonus |
Exclusive Bonus
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170% Crypto Deposit Bonus |
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100% No Risk Bonus |
100% up to 5 BTC |
225% Welcome Bonus |
100% up to £1500 Welcome Bonus |
6 BTC/Unlimited Cashback |
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Our Top Bitcoin Betting Sites Reviewed
The following Bitcoin sports betting sites have different pros and cons that make each one stand out. ෴After reading th🐟rough them, you should be able to lean towards a few which cater to your liking.
Vave
Our top pick for BTC betting is Vave crypto. Even though it’s only been around since 2022, this absolutely brilliant betting site is constantly improving, and currently offers 35 sports, over 5,000 casino games, and a staggering 841 live table games.
Their welcome offer is superb with a 100% cashback up to 1BTC in either sports or casino betting. The minimum you need to deposit is 20 USDT or the equivalent in any cryptocurrency (USDT is a stablecoin equivalent in worth to USD), making 🍸the offer really accessible to new, bꦏudget-conscious punters.
Vave features weekly leaderboards, where punters who stake a certain amount are awarded points based on their winnings. This gives frequent punters the chance to win up to BTC 0.041 (£842.57 at the time of writing).
This site is licensed under the Curaçao Gaming Authority as well as being a verified operator with the Crypto Gambling Foundation, which aims to cꦆreate a more trustworthy, fair, and safer Bitcoin gambl💛ing landscape.
- 100% cashback up to 1BTC welcome offer
- Great variety of casino and table games
- Leaderboard competitions with Bitcoin prizes
- Could do with more sports
- Only eight digital currencies available to deposit
- Markets aren’t that in-depth
ivibet
ivibet has lots to offer, c🎐ompeting with everyone else when it comes to its range of sports markets and depths.
The only place it seems to fall short is its welcome bonus — a Deposit €10 and Receive €150. Still excellent value but not as good as other crypto bookies. Having said that, other promotions they offer are great, as is their excellent, tier-based VIP programme that could win you up to €5,000 per month!
This operator is licensed and regulated under the Curaçao Gaming Authority — a common lice🙈nce among betting sites that accept payments in Bitcoin.
- Large range of sports markets
- Excellent for VIP players
- Thousands of slots to choose from
- Competitors have stronger welcome offer
CryptoLeo
CryptoLeo features a variety of sports, including major leagues and competitions for soccer, baseball, basketball, and hockey. They also allow wagers on major esports titles such as Counter-Strike: GO and League of Legends.ꦐ Many of these lines can be staked before the games or during, thanks to its live betting capabilities.
The site focuses its larger bonuses on the casino, including a 100% first-time deposit match bonus (up to 2,500€). Its sports bonuses are much smaller but do include perks for regular betto꧅rs, including a weekly free bet of up to 100€.
Each weekend༒, if you deposit at least 30€, you can receive 35% of your deposit as a bonus bet. CryptoLeo accepts BTC, LTC, ETH, and DOGE, along with other options.
Uno Digital Media B.V. operates CryptoLeo, which is licensed and regulated by Curaçao eGaming, demonstrat🥂ing that it's a fully genuine business that follows all required regulations.
- Offers an early cash-out option
- Hosts sports betting tournaments with prizes
- Huge casino bonuses
- Support initially uses a chatbot
- Doesn’t have the largest selection of markets
- Sportsbook promotions could be bigger
Cloudbet
One of the more experienced Bitcoin betting websites, the highly acclaimed Cloudbet has been operating for 🅠10 years at the time of writing.
Although their selection of 29 sports, five virtual sports, and over 3,000 casino games isn't the most expansive on our list, they make up for this through in-depth markets and their Loyalty Rewards Club.
Moreover, Cloudbet are awarding a whopping 100% matched bonus of up to 5 BTC welcome offer, which is frankly a massive amount. The 0.001 BTC minimum (equivalent to €24) is great and small ওenough to be worthwhile for most punters.
The main catch is that ⛦you’ll need to play casino games to accumulate points, which are required to unlock and fully benefit from the offer. You’ll have 60 days to do this.
Cloudbet crypto are licensed to operate as a Bitcoin betting site by the Curaçao Gaming Authority. While you can depos꧟it using a variety of currencies, Bitcoin is the 🅷default setting.
- 100% matched bonus of up to 5 BTC
- Loyalty Rewards Club
- Great odds
- Not as many sports available
- Points needed via gameplay to claim welcome bonus
- The homepage is somewhat cluttered
MyStake
MyStake is widely considered one of the best crypto sports betting sites for UK users. The platform currently offers new members a 100% deposit match bonus of up to £500 (also in Euros and US Dollars).
An excellent feature of the site is the wide range of sports it allows users to bet on. Aside from the major sports leagues like the English Premier League, NBA, NFL, and MLB, MyStake showcases niche markets such as alpine skiing and esports betting.
It specialises in📖 European football and offers wagering options for secondary markets, including Cypress's first division and Serbia's top two divis🔴ions.
This bookie allows the following currencies to be used: EUR, USD, BTC, ETH, LTC, XRP, BCH, USDT, XMR, and DASH. It is licensed by the Curaçao government to provide legal online gaming.
- Tons of live betting options
- Round-the-clock customer support
- One of the best Bitcoin football betting sites
- Only certain events can be livestreamed
- Novices might find the layout initially confusing
- Limited availability for certain countries
TrustDice
Regarded as one of the best Bitcoin betting sites in the world, TrustDice has it all. Offering 50 sports, 11 esports, and over 2,000 casino games, you’ll be spoilt for choice. It is also worth mentioning that this platform boasts its own branded Dice game, which could land you 🌄some huge prizes!
Upon entering the site, you’ll be greeted with a brilliant welcome offer that you can claim on your first three deposits. The bonuses are as follows, and you’ll have seven days to use them after e𝔉ac💟h deposit:
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First deposit: 100% cash bonus of up to $30,000 / 1 BTC + 25 free spins (minimum⛎ depo✅sit 0.0003BTC)
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Second deposit: 75% cash bonus of ꦏup to $30,000 / 1 BTC💮 (minimum deposit 0.0004 BTC)
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Third deposit: 50% up to 𝓰$30,000 / 1 BTC (minimum deposit 0.0005 BTC)
TrustDice are fully licensed by the Curaçao Gaming Authority and even have the highest rating from any Bitcoin casino on Trustpilot, with a score of 4.7/5.
- Amazing welcome bonus
- Huge variety of sports
- In-depth esports page
- Short time frame to spend your deposit bonus
- Casino choices are smaller
- Only licensed in Curaçao
Rolletto
A massive sportsbook by any metric, Rolletto offers a mind-boggling 46 different options, ranging from traditional sports and esports to politics and entertainment. The immense variety can also be seen in the casino section with almost 4,000 casino games to pick from. If you’re interested in learning more about this bookie, check out our Rolletto crypto review.
Rolletto boasts a wide variety of promotional offers, including four separate welcome bonuses. The one for Bitcoin users is a 250% bonus for your first deposit, which must be equivalent to 20 €/$ – 1 000 €/$ in Bitcoin.
Like many of their competitors, Rolletto is licensed under the Curaçao Gaming Authority.
- Amazing welcome offers
- Many offers and promotions
- Huge range of sports and casino games
- Mini games, wheels, and more
- Bitcoin welcome offer can only be used for casino
- Weak FAQ section
FortuneJack
Licensed in Curaçao, FortuneJack is a well-established Bitcoin based betting site — particularly with regards to its casino page, which was set up in 2014. Following the success of the latter, a sportsbook was added more recently, along with further casino options. The highlight of the site lies in the amazing promotions and offers, with a welcome bonus for your first four deposits.
Although the sportsbook is relatively new, they still offer 24 sports to bet on — some of which have exceptionally in-depth markets. Additionally, the casino boasts a massive 2,901 casino games.
FortuneJack offers a loyalty programme for frequent bettors who get greater rewards the more they bet. Finally, deposits and withdrawals can all be done directly through Bitcoin. Uniquely, there is the option to buy and trade crypto straight from the site.
- Brilliant welcome offers and promotions
- Vast variety of casino games
- Multiple crypto currencies to choose from
- Bitcoin trading, selling, and purchasing
- Sportsbook is weaker than casino page
- Website can be slow at times
Jackbit
Founded in 2022, Jackbit is naturally still in its infancy as a bookmaker. It is currently operating with a Curaçao Gaming Authority licence.
Despite having just started out, the site is already improving — a testament to the operator’s commitment to delivering top-notch service. The expansive portfolio, featuring 46 sports and an the array of over 6,000 slots and 200+ live casino games, further ꦕattests to the platform's pursuit of excellence.
You'll also be able to find several great offers ranging from sports to casino, with an exciting ‘Jackbit Tournament’ coming soღon. The only drawback is the lack of any welcome offers; however, the regular promotions and great odds should still be reason enough to join♛.
- Extensive sportsbook and casino pages
- Great promotions and offers
- Livestreaming available
- Superb in-play betting
- Multiple crypto currencies accepted
- No welcome offers available
- The site isn’t very user-friendly
BC.GAME
BC.GAME is an interesting site offering a lot of variety, namely 43 sports, almost 7,000 slot games, and 500 live dealer options.
They are renowned for their promotional offers — particularly for ‘Rain’, which randomly rewards members who’ve sent messages in their chat rooms. The chat room feature is unique for a betting site, allowing you to talk to 🍰other users and share tips and predictions.
BC.GAME also offers the possibility of buying and selling Bitcoin directly from their site. They even trade their own cryptocurrency called BC Dollar (BCD), which is used to give awards from promotions. The welcome offer is a matched bonus of 270% on your first deposit, 300% on your second, 330% on your third, and 360% on your fourth.
This brand is licensed and registered to operate under the Curaçao Gaming Authority, which means that they are perfectly safe and legitimate to ꦅuse.
- Amazing welcome offers
- Incredible range of sports and casino games
- Chat rooms for punters
- Bitcoin trading
- Can be complicated to navigate
- Weak FAQ section
Bitcoin Betting Apps
Do you prefer betting on the go?🐽 ♈Here are our top three Bitcoin betting apps to help you get started!
Vave
It’s another top spot for Vave, who offer a great app to complement their deskt༒op site that in🐬corporates the same variety, promotions, and features.
To install the application on either Apple or Android, you’ll need to download the app Vave Casino. Once that’s✨ done, install the APK file. While it’s slightly complex, Vave will be there every step of the process to provide support.
- Accessible worldwide
- As good as the website
- Available on Android and iOS
- Installation can be time-consuming
- Slower loading times
BC.GAME
This Bitcoin site has successfully entered the world of mobile app betting, boasting an app that's just as good as the website, making it a great w🐬ay to continue betting on the go.
- Great promotions
- Well-designed app
- You can register an anonymous account
- Not as fast as the website
- Promotional offers
TrustDice
𝐆Rounding off our list of top Bitcoin betti🦄ng apps, TrustDice offers a great app which rivals the desktop version with a clean, sleek layout.
- Amazing welcome bonus
- Cool original games
- You can register an account without KYC
- Limited market view while scrolling
- Buttons are slightly small
Crypto Betting: How To Get Started
While it might seem complicated, betting with crypto is actually a fairl🌠y easy process that we’ll explain below.
Choose a crypto betting site: Conduct re🐈search on different c🔜rypto betting platforms or pick a bookmaker we reviewed. The preferred option should be highly rated.
Set up an account: Create an account by entering your personal informati💯on to be verified. This includes sending in a photo of your ID for identification purposes. Allow the site to access your geolocation to use it.
Get crypto and keep it safe: Before you begin, be sure to haಞve a safe crypto wallet iℱn place to deposit your cryptocurrency.
Deposit: Find the deposit section on the bookmaker's website. Pick the coin you wish to utilise and adhere🗹 to the onscreen directions to deposit funds via your crypto wallet to your sportsbook's account address.
Double-check the blockchain addr🌜ess to guarantee your money is delivered to the correct location. Blockchain transactions are often irrev🉐ocable, so exercise caution when submitting this information.
Enjoy crypto betting: Take advantage of using crypto with sportsbooks. Many sites don’t charge deposits fees like they do with credit and debit cards. Remember to gamble re🔥sponsibly, only risking what you can afford.
Make a withdrawal: If you’re successful 🐼with your handicapping, click on “My Account” and “Withdraw.” Follow the same blockchain address instructions we discussed in the deposit section.
How To Choose a Crypto Betting Site
The factors below are important when choosing sports betting sites that accept Bitcoin. Not every site will check off every box, but a soꦓlid one should have nearly all of them.
Payment Methods — Crypto & Fiat
Crypto and fiat payment processes are two separate methods for funding accounts on a betting platform♔. Fiat methods, such as bank transfers or credit cards, employ standard currencies like Pound sterling or the Euro.
On the contrary, crypto 🐻transactions entail moving digital currencies such as Bitcoin directly from your crypto wallet to the platform. While money may be more familiar, cryptocurrency often provides faster transaction speeds and more anonymity.
Withdrawal Speed
When choosing an operator that accepts crypto, fasꦯt withdrawals are critical. Faster withdrawals give you more control over your funds; you may gather yourℱ gains (if successful) and consider what to do next, such as transferring them out.
T෴his also decreases the risk of impulsive decisions because the earnings are readily accessible to be withdrawn rather than waiting multiple days or a week. In the end, speedy withdrawals i♔mprove the whole sports betting experience.
Variety of Betting Options & Markets
Having a larger variety of wagering options a♊nd more markets presents a better opportunity♍ to profit in the long run. Basic bets, such as the moneyline or spread on major sporting events, are sharply monitored by bookmakers.
Customer Support Quality
Choosing🐻 an operator with excellent customer service is essential. Not every bookie offers 24-hour customer support, but it's a significant benefit if it does.
If you have any questions regarding your account, the sportsbook, or a specific wager, the representatives ཧshould be able to respond in a straightforward and succinct way. Immediate responses via live chat, phone, or email should be standard procedure, ensuring that your participation on the website is seamless and pleasurable.
Competitive Odds
Some bookies will offer better odds than others. With regard to the day and event, the oddsꩵ may be less juicy on one platform compared to another.
Here is an example: A moneyline bet at MyStake in favour of Real Madrid might be listed at -135, while at CryptoLeo, it's -15🃏0. Staking the -135 requires putting down less money.
It is highly recommended to odds shop across different bookies and regularly tak🍌e the better lines on the same events.
How We Review Crypto & Bitcoin Betting Sites
When writing sportsbook rev♏iews about the best Bitcoin betting sites, we test out websites by:
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Setting up an account: This allows us to become a sportsbook member aඣnd participate in it as any regular pun꧒ter would.
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Completing the deposit: Making a dep♔osit via crypto💞currency allows us to assess whether the deposit experience is quick and smooth.
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Placing real bets: Placing actual bets and ensuring the sportsbook pays out properly according to the odds we✤ bet on builds trust.
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Testing livestreaming: Any bookie can advertise livestreaming as a perk. We test to confirm whether the picture is clear and that it offers liv🌳estreaming for more thanไ just a “primetime” game.
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Betting on mobile: Mobile betting al𝓀lows you to wager and access key tools (such as exp🐭ert betting advice) on the go.
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Testing the withdrawal process: A quick and successful withdr🍌awal is the most important aspect of a good operator. When both occur, we know our money is safe.
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Testing customer support: At TPP, our analysts chat with each website’s 𒅌representat🐠ives to see whether they answer both basic and complicated questions properly. When they don’t, this is reflected in the review.
Advantages of Bitcoin Betting
Ther🍸e are many benefits to using Bitcoin for your betting endeavours, and we've listed the main ones below.
Speed: One of the main advantages is how fast deposits and withdrawals are processed to and from your betting account, often in just a matter of minu🌠tes.
Security: Bitcoin bets are encrypted, anonymous, and highly secure. This is ꦜlargely down to the blockchain technology through which they operate.
Flat transaction fees: While with traditional fiat currency, fees are normally calculated as a percentage of the transfer (meaning the amount of fees increases as the amount of the transfer𝕴 increases), this is not the case wiওth Bitcoin payments on online gambling sites, which remain flat.
Massive promotional offers: Famous for their welcomꦺe bonuses, some Bitcoin gamb💮ling sites give you up to 5 BTC in matched bets, which is over €100,000 worth of bitcoins. Many bookies also offer leaderboards, prize pools, and other daily, weekly, and monthly prizes.
Trade Bitcoin while you bet: Some bookies give you the opportunity to trade your Bitcoin on site, allowing you to invest, store, and sell your funds. This is especially useful if 🔯you don’t plan to hold onto your coins for long. Talk about a one-stop shop!
Disadvantages of Betting With Bitcoin
D♌espite the great benefits of betting with this cryptocurrency, there are also a few associated drawbacks:
Volatile value: The value of a bitcoin could change drastically at any second, so a b🎐ig win could actually mean nothing if the value goes below what you bou🧔ght your funds for. Of course, the reverse is true with a positive increase in value.
Restricted in some countries: Bitcoin gambling sites aren’t available everywhere. The best way to legally access these sites is by using a VPN.*
No chargebacks: Some bookies have a no chargeback policy, which means that as a punter, you won’t be able to dispute deposits. So, once you make a deposit, you’ll have to with🍸draw it the way you normally would. This aims to prevent mo🐭ney laundering.
Currency conversion fees: Buying Bitcoin often involves changing your currency to BTC, which in turn will likely carry𝐆 costs. Make sure you find a site that will give you the best possible rates.
Unlicensed betting sites: Unfortunately, there are many unlicensed Bitcoin betting sites online. Therefore, for the sake of your own safety, only sign up to licensed operators, like every recommendatio🐠n listed a🥂bove.
* VPN usage may vary among betting platforms, so it’s important to review the terms and conditions of each site. Additionally, local laws and regulations regarding online gambling and cryptocurrency usage should be considered before engaging in any betting activities.
Available Options on Bitcoin Betting Sites
Top crypto betting sites offer many sports to wager on. The following six are some of the most ꦍpopular among UK punters.
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Football: The world’s most popular sport offers 90 minutes of intense action. Whether it's the Champions League, World Cup, or one of the top European leagues, there’s year-round action to stake. Popular bets include “to advance”, draw no bet, and anytime goalscorer. MyStake i♉s one the popular football betting sites that accepts Bi🎐tcoin.
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Cricket: The sport's intricate nature, with strategic complexities, provides a diverse range of betting chances for novice and experienced gambl𝓡ers alike. Furthermore, the long contests with varying momentum keep ga🥂mblers interested throughout the entire affair. Common bets can be match totals and props for batters and bowlers.
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Horse Racing: This is one of the oldest sports to bet on. The lightning-fast💙 races have handicappers on the edge of their seats as they watch their selected horse sprint to the finish line. Conventional wagers involve picking the winner, the top finishers, or the podium finis🥀hers in order. Examining the horses' historical performances and jockeys' abilities is important before placing your bets.
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Tennis: With Grand Slam tournaments and weekly ATP events occurring throughout the year🐻, tennis thrills punters around the globe. Moneyline, set bets, and total games are the standard wagers.
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UFC: The top mixed martial a༺rts league in the world attracts plenty of betting action. The primary wagers are on the moneyline, total rounds, and fighter props, including the method of victory.
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Esports: Fans may bet on the final results of matches in games such as Call of Duty and Rocket League, adding to the adrenaline of the action as it unfolds. Beyond simple victories and losses, wagers on particular instances in the game, including “first blood,” provide additional opportunities to interact with the competition.
Best Crypto & Bitcoin Exchange
Our pick for the best crypto and Bitcoin Exchange to use with sportsbooks is eToro. This a crypto exchange that facilitates trading in over 25 digital currencies, in addition to an online brokeragꦯe marketplace with a limited number of stocks and ETFs. Notable currencies on the site include Bitcoin, Bitcoin Cash, Cardano, Ethereum, Litecoin, Stellar, Tron, and XRP.
Members can make quick, free-of-charge deposits into their eToro investment accounts with 0% conversion fees. Withdrawa🦹ls can also be made instantly. Users can easily transfer and receive funds using a personal sort code and account number (UK-to-UK) or IBAN (EU-SEPA).
eToro Money UK Ltd is registered and regulated by the Financial Conduct Authority to provide digital currencyꦐ and payment services. It is also registered in England as well as Wales as Company No. 07712717.
The reputable brand is highly rated across the trading world. Investing.com gives eToro a 4.8/5 and Investopedia ranked it a 4.1/5.
Things To Consider When Betting With Bitcoin
To get started betting with Bitcoin (BTC), the first thing you need to sort out is your crypto wallet, which is essentially cryptocurrency’s version of a bank account. You'll need it to exchange, buy, or sell your Bitcoin, monitor your betting bankroll, and pay for services, such as topping up your account at your chosen betti♐ng site.
Wallets
There are various types of Bitcoin wallets available; some are downloadable — either as a mobile app or a desktop client, while others run on a browser. When you have settled and activated the wallet you want, you're good to go! Be sure to keep it safe and secဣure, and back it up regularly with encrypted access and any other available security measures.
Some wallets may offer different rates or features. It is vital to know how the wallet you opt in for operates. For instance, Revolut offers a great rate of exchange, but you won🧸’t actually own the cryptocurrency. Instead, Revolut buys the Bitcoin itself and gives you the right to use it, which could be a bit less secure, as technically you aren’t the owner.
Sites and apps such as Binance and Coinbase will give you ownership of the funds but may be more complicated to use, especially 🐓for punter𒁏s who are new to crypto gambling.
Fees
While Bitcoin does apply fees for transactions to the network, these are minor and tend to fluctuate. They also help to maintain the decentralis🌳ed blockchain that keeps the whole service working smoothly.
Check the fees just before making a deposit to make sure you don’t end up paying too much. Alternatively, periodically checking transaction fees, waiting till the price drops, and depositing then is also a great o💎ption.
Security
When it comes to security, we are pleased to say that Bitcoin ticks some important boxes. Firstly, Bitcoin are, by their very nature, encrypted and secured within the blockchain. The latter employs miners to work together to encrypt the transactions that take place on the network. Keeping these payments hidden allows for anonymity online for all parties involved.
Moreover, crypto is decentralised with servers all over the world — there are over ten thousand nodes keeping track of all the transactions processed on the system. This me♚ans that if something were to happen to one of the servers or nodes, others can simply step in and pick up the job, maintaining constant security. This makes cryptocurrenciesജ a great option when betting online.
How To Deposit Using Bitcoin
Typically, depositing with Bitcoi♋n is extremely easy and can be achieved in three steps:
Log in to the bookmaker of your choice and head over to the deposit page, where you can select Bitcoin to make your payment. You will need to have a Bitcoin wallet to do so.
Enter the amount of money you wish to deposit, just as you would if you were making a debit card transaction. Be careful to note the minimum deposit amounts.
Confirm your transaction to complete the payment.
Now, you’re free to bet on what you wish!
Keep in mind that some bookies may charge a deposit fee if the funds are small, or in some cases — if they’re large. Fees may vary from one operator to another,ꦏ which is why we’ve included a breakdown in the below table.
Setting Up a Wallet
There are three different types of wallets: hosted wallets, non-custodial wallets, and hardware wallets. We suggest having a hosted wallet to use for the Bitcoin betting sites you choose to sign up with — it’s also the easiest one to set up.
Sign up to a crypto platform or exchange.
Deposit funds into your wallet.
Exchange that money for Bitcoin.
Transfer the bitcoins you’ve bought to your betting account and f🎐ollow the steps as 𒁃instructed by the site.
How To Withdraw With Bitcoin
Withdrawing funds in Bitcoin is similar to doing so with other payment methods. Just make sure to confirm that the destination wallet is yours before proceeding with the payment.
The withdrawal time should be quite fast as no banks are involved, and the process itself is entirely online, saving you both time and money. Once you receive you🍬r bitcoins in your wallet, you will be able to exchange them for other cryptocurre🐼ncies or back to a fiat currency.
As we mentioned with deposits, some booki🦹es add a fee when making Bitcoin transactions. 𓆏Luckily, these are less common when withdrawing.
Bookmaker | Transaction Fee |
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BC. GAME | 0.1% Withdrawal fee |
JazzSports | $2 Fee for transactions under $50 |
Alternative Types of Crypto Betting
While there are thousands of potential crypto options, most work in very similar ways, but not all are available for betting, such as Fan Tokens. We’ve chosen a few 𒅌of th♏e top most common cryptocurrencies you'll likely find when betting, and highlight the subtle differences between them.
BITCOIN CASH (BCH)
This spinoff from Bitcoin was created in 2017 following disagreements on the future direction of the coin, which created a gap in the market for an alternative. Key to this was the desire to increase the capacity of Bitcoin and increase the block🍌 size limit. This gives it the advantage of providing more coins in circulation and faster transaction times. It has b♔ecome immensely popular, even though it is drafted by the original.
ETHEREUM (ETC)
Having been launched six years after Bitcoin, in 2015, Ethereum has also takꦅen the world by storm, partially due to its upgrades and integration of thജe exchange of increasingly popular NFTs.
DOGECOIN (DOGE)
It’s the meme coin whose popularity is by no means a joke. In fact, before it became a serious investment prospect, many viewed Dogecoin as a way of making fun of more established cryptocurrencies. It still remains fun and friendly and is low enough in cost to provide a perfect low-risk gambling token, hence its popularity with crypto bettors.
TETHER (USDT)
Designed as a stable coin, the concept behind Tether is that it is always worth a single US dollar. This makes it an interesting option for crypto betting, as the usual fluctuations, which are a risk for cryptos, are largely reduced. An excellent w𒅌ay to get into crypto sport bettiꦫng while taking control of potential risks.
LITECOIN (LTC)
This alternative uses a decentralised peer-to-peer network and blockchain technology to provide safe transactions perfect for betting. However, Litecoin has the advantage of being considerably faster and more efficient. This, alongside broad🐭 popularity, has made it one of most common and easiest cryptos to use on casinos and s𒁏portsbooks across the world.
RIPPLE (XRP)
First released in 2012, it took Ripple some time to become a crypto you will regularly find on betting sites. Its security and efficiency, low transaction fees, transparency, and speed have made it more than worth the wait.🍸 A truly global and ambitio𒐪us crypto perfect for betting.
TRON (TRX)
With a focus on scalability and high transaction output, TRON has steadily become a regular feature on many of the best betting sites in the world. Its delegated proof-of-stake consensus mechanism allows for plenty of transactions p🔯er second, meaning it's super convenient if you need to purchase a crypto before getting started.
There’s no cryptocu♏rrency more committed to the entertainment industry and there may 🗹not be one with more potential.
CARDANO (ADA)
Cardano has a research-based, scientific approach to cryptocurrency, and a peer review process which ensures high-quality code, scalability, and security. It’s ea🅷sy to say that this may be the future of cryptocurrency.
Cardano even uses a proof-of-stake blockchain, believed to offer a greener way of using crypto. And this is no longer just a project in the making — many of the best cry𓆏pto betting sites happily offer Cardano as part of their ensemble.
How Does Crypto Betting Compare to Betting With Fiat Currencies?
First things first, you can often use both crypto and fiat currency betting options on the same bookmaker, so there’s really no neeཧd for the negatives of one to really impact you.𝓡
And indeed, the positives of both can be enjoyed equally. It’s also worth noting that crypto be🔯tting sites and fiat alternatives have more in common than factors that distinguish them. For instance, you can expect great customer service, mobile options, competitive odds, anဣd market variety on each.
The key differences between crypto bettinꩲg may be brok🍸en down to the following:
They will often have different promotions.
There are some betting sites that will use one or♑ the other exclusively.
Fiat currencies do currently have more available be🐎tting sites.
Betting with crypto offers additional anony🗹mity and security.
Ther🐻e are some🌟 extra steps to betting with crypto.
Crypto betting allows for access to sites tౠhat may have not otherwise been available ♚due to geographical restrictions.
There are greater fluctuationsꦇ in crypto value.
Fiat currencies are subject to greater𒈔 political impact (such as inflation) than crypto betting.
Responsible Crypto Betting
While betting on sports can lead to excitement, it can also lead to depression and financial ruin. It’s therefore important to remember the responsib🐎le gambling tips🗹 below.
Check the legal age
The legal age for gambling in♐ the UK is 18. When signing up for a 🔴site, double-check to ensure you’re following the law.
Don’t chase losses
Pursuing losses in gambling is a formula for catastrophe. It introduces emotions such as despair into the equation and clouds your judgment, which results in riskier investments. With each loss, the hole you're creating deepens, and the chances of winning everything back grow increasingly 🐼🐼slim. It's a downward spiral that can result in financial devastation and potentially, addiction.
Manage your bankroll safely
Stick to a designated bankroll and bet 1-5% of it per wager. A bet of 1-3% is the safest option. Five percent is considered a larger bet and should only be done occasionally as long as you can aff🉐ord to los𒉰e it.
Set limits
As we mentioned earlier, don’t gamble more than you can afford. Stick to your limits, and if you need to take a break or quit entirely, don’t be afraid to do so. Feel free to reach out for help by visiting o𝕴r by calling the gambling support hotline at 0808 8020 133.
ThePuntersPage Final Say
Bitcoin betting sites can help you, the punter, avoid fees during deposits and withdrawals, as well as provide more anonymity. As long as you use a regulated and fully licensed site, you should be able to bet on sports with ease. After reading this article, you shoul𒆙d have a better idea of what to look for when picking a Bitcoin sports betting site.
Bitcoin Betting Resources
The following resources offer more information on 🅷betting with Bitcoin in the UK.
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1.
: Financial regulator in�✃� the UK, including cryptocurrency
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2.
: Official UK gambling regulator
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3.
: Charity offering support for problem gambling
BEST BITCOIN BETTING SITES FAQS
While every one of our above recommendations makes for a brilliant choice, Vave, ivibet, and CryptoLeo are the pick of the bunch.
While it is not illegal in the UK, there are no crypto bookmakers which are licens🎐ed b𝔍y the UKGC.
All sites listed at the top of this page have been licensed and regulated by the Curaçao Gaming Authority, but Vave is still our top choice as it is a member of the Crypto Gambling Foundation.
Yes — BTC a🀅llows for anonymous transactions, which also applies to cryptocurrency.
Yes, BTC and other crypto are perfe🌳ctly legal payment options for betting. However, we highly recommend only using licensed bookmakers.
There are a number of factors that keeps trading in Bitcoin safe, so yes, cryptocurrency betting is perfectly secu🌟re if done correctly.