Bitcoin betting is becoming not just a niche vertical within the sports wagering ecosystem – it is raking in billions worth of dollars (or Bitcoin) every year. To remain in lockstep with the latest sports betting innovation, CoinTrust has provided a definitive guide on all you need to know about Bitcoin betting sites, how they work, what the best options on the market are, and where you stand on crypto betting.
Best Bitcoin Betting Sites – Listed & Ranked
Bovada
Another great pick is Bovada, a bookie that stunned us with lucrative crypto-specific promotions. You can start with a bang using their 75% betting bonus worth up to $750 or equivalent in crypto.
While this offer is available to newcomers right off the bat, you will also be able to use their parlay booster to regularly rack up your odds on selected parlays. It’s also worth exploring the Bovada Rewards program, which allows you to collect points and redeem the rewards. We also have to point out the simple yet intuitive design of the mobile betting layout, enabling even newcomers to have a great time.
Plus, you can count on convenient crypto betting limits from $10 or equivalent in deposits to around $9,000 per withdrawal in BTC. However, you should check the exact limits for your preferred cryptocurrency.
| Pros | Cons |
|---|---|
| 75% up to $750 crypto sports bonus | High wagering requirements for crypto bonuses (50x) |
| Instant withdrawals in crypto | Can’t be accessed from certain US states |
| Seven different coins supported | |
| Special betting boosts and parlay bonuses |
BetOnline
As our top pick overall, BetOnline deserves recognition for being one of the longest-standing online betting platforms out there. It’s been at the forefront of innovation since 2001, and the fact that they offer 16 cryptocurrencies proves they’ve been keeping up with the latest trends.
Out of the most popular options, you can use Bitcoin, Litecoin, Ethereum, Dogecoin, Ripple, Cardano, and others. Payments are processed on major networks like ERC-20, TRC, and others. You can deposit up to $1 million with crypto, while withdrawal rates are a bit lower, usually up to $100,000.
Crypto betting options include all sorts of sports and events, including the UEFA competitions, NBA, UFC, NCAA, NFL, and 30+ others. We liked the live betting portfolio in particular, with hundreds of daily events and useful betting features like props builder, odds boosts, and same-game parlays.
| Pros | Cons |
|---|---|
| Great betting tools, like mega parlays and props builder | Limited availability in the US |
| Chance to hit daily boosted odds | Not too many crypto-specific promotions |
| Two welcome deals for casino and poker players | |
| Very low deposit limits in crypto equal to $10 or equivalent |
BetWhale Casino
BetWhale Casino is a standout in the world of online gambling, offering a comprehensive mix of casino games, sports betting, and a particularly impressive virtual sports section. If you’re into sports betting, BetWhale stands out with its broad range of options, covering everything from traditional sports like football and basketball to niche markets like eSports and virtual racing. The virtual sports options are especially appealing, with everything from virtual soccer and tennis to racing leagues and even fantasy sports – perfect for those who want to keep the action going 24/7.
On top of that, BetWhale’s focus on cryptocurrency betting is a major plus. With the ability to place bets using various crypto coins, the site offers fast transactions and a high level of security, making it an ideal destination for crypto enthusiasts. Whether you’re betting on the latest match or diving into the virtual sports leagues, you’ll find plenty of betting opportunities.
| Pros | Cons |
|---|---|
| Wide Sports Betting Options | Withdrawal Fees for Some Cryptos |
| Impressive Virtual Sports Section | Lack of Live Streaming for Sports |
| Generous Bonuses |
Wild Casino
Wild Casino is one of those sites that have been around for years, and during that time, they’ve learned what the players enjoy the most. So, you can now deposit at Wild Casino using 15+ cryptocurrencies and grab a massive sign-up deal, as well as loads of weekly offers.
For starters, we’d suggest checking out their cash tournaments, as well as Happy Hours tournaments and reloads boosters. Some of these occur weekly, so it’s worth keeping your eye out on the promo section for regular updates. The site is also great for crypto bettors, as it accepts a variety of altcoins.
| Pros | Cons |
|---|---|
| Convenient $20 minimum crypto deposits | High wagering requirements |
| Up to $9,000 in crypto via the welcome bonus | Limited betting options |
| A great deal of altcoins supported | |
| Nearly instant payouts |
SuperSlots
High withdrawal limits make Super Slots a great site for high-rollers, enabling you to cash out up to $100,000 per day. Those limits are pushed further for Bitcoin withdrawals, while deposits are even higher. You can fund your account with as much as $500,000 in BTC in a single transaction, and that proves this operator means business.
You will also find a great deal of casino games and slots, as well as an array of the most popular crypto payment options like BTC, LTC, ETH, USDT, and others. As the cherry on top, this site also has some great sign-up offers, like the $4,000 welcome bonus.
| Pros | Cons |
|---|---|
| Great 400% crypto bonus worth up to $4,000 for newcomers | Mainly includes slot options |
| High withdrawal limits of up to $100,000 per transaction | Some bonuses limited to casino games only |
| Up to $500,000 in BTC deposits for high-rollers |
Ignition Casino
While Ignition is primarily a casino site, it still offers some great online betting options, mainly in the virtual sports betting section. It’s one of the rare few sites that have such a wide selection of virtual sports betting for crypto coins, ranging from virtual soccer and tennis to virtual supercars and greyhounds. Sounds pretty cool, right?
The site is also well-known for its poker lobby, so you can take a break from betting and try your hand at this casino classic. On top of that, it issues up to $125 in referral bonuses, which are specific to crypto bettors, as well as the massive $3,000 sign-up offer, which is primarily for poker tables.
| Pros | Cons |
|---|---|
| Convenient minimum limits of just $10 on crypto deposits | Welcome bonus that can’t be used on virtual sports betting |
| Flexible daily payout limits of up to $5,000 | No dedicated mobile app |
| Great virtual sports betting options, including greyhounds and racing sports | |
| Massive sign-up package |
Café Casino
Cafe Casino might not accept a lot of crypto coins, but it surely does pack quite a punch when it comes to UI and crypto bonuses. To be precise, you can get a 350% match bonus worth up to $2,500 in crypto, as well as the chance to bet on specialty games.
The site also features weekly mystery bonuses, Hot Drop Jackpots, and other perks for crypto players and bettors. It has a remarkable collection of slot games, as well as some pretty decent crypto deposit limits.
| Pros | Cons |
|---|---|
| Accepts 6 different cryptocurrencies | 40x bonus wagering requirements |
| 350% crypto match bonus worth up to $2,500 | Not available in Delaware, Maryland, Nevada, New Jersey, and New York |
| Low minimum deposits and withdrawals on cryptocurrencies |
Slots LV
If we had to pick one site that rewards loyalty properly, it would be Slots.lv. This platform features a variety of different loyalty perks, such as redeemable cash points and progressive benefits. On top of that, you can get a dazzling 200% match deposit bonus worth up to $3,000.
You’ll also receive some free spins, so it’s a perfect place for slot lovers, as well. We particularly enjoyed the specialty games section, with some unique options for those who wish to take their betting experience to the next level, like Basketball Instant Win.
| Pros | Cons |
|---|---|
| Plenty of accepted cryptocurrencies with low deposit limits | Lots of country restrictions |
| Instant payment processing | Occasionally laggy mobile interface |
| Great referral bonus worth up to $225 or equivalent in crypto coins |
El Royale
El Royale Casino brings a touch of luxury and style to the online gambling scene, with a strong focus on classic casino games and an elegant aesthetic that feels like stepping into a Vegas casino. While it doesn’t boast the same extensive sports betting options as some other sites, El Royale shines with its wide selection of slots, table games, and video poker, making it a top choice for casino game lovers. The site also offers live dealer games, giving players an immersive experience that brings the thrill of real-time interaction straight to their screens.
One of the standout features of El Royale is its massive welcome bonus – up to $12,500 for new players, which is more than generous for those looking to maximize their bankroll. The casino is also crypto-friendly, allowing users to deposit and withdraw using popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin, ensuring fast and secure transactions.
| Pros | Cons |
|---|---|
| Generous Welcome Bonus | No Sports Betting Options |
| Extensive Game Selection | Geographical Restrictions |
| Live Dealer Games |
Red Dog Casino
Red Dog Casino may not have the same brand recognition as some of the larger online casino platforms, but it’s quickly gaining a reputation for offering a solid, user-friendly experience. Specializing in a wide variety of classic and modern casino games, including slots, blackjack, roulette, and video poker, Red Dog delivers a quality gambling experience with an easy-to-navigate website.
One of the main draws of Red Dog is its generous bonus structure, including a massive 225% welcome bonus on your first deposit, along with additional promotions like no-wagering free spins and a loyalty rewards program. The casino also offers Bitcoin as a payment method, making deposits and withdrawals quick and secure.
| Pros | Cons |
|---|---|
| Generous Welcome Bonus | No Sports Betting |
| Wide Range of Games | No Live Dealer Games |
| Loyalty Program |
How to Pick the Best Bitcoin Betting Sites
To help you navigate the multitude of websites out there and specifically those Bitcoin gambling sites that offer you odds, CoinTrust has put together a step-by-step process to follow when looking for a sportsbook yourself.
- Choose a trusted sportsbook: Bitcoin betting sites can be excellent, and in order for you to get the best possible experience, you need to choose a trusted website. There are sites such as Bovada and BetOnline that have been around for decades, and that you can trust with your money.
- See what fellow bettors think: However, there is more to picking the right Bitcoin sports betting than simply going for the website that has been around the longest. Rather, you also need to get feedback from your fellow players and see what they can offer in the way of feedback. This will include value-added betting opportunities, but also complaints and how they have been resolved.
- Read the terms and conditions: A smart gambler will always try to read the terms and conditions, and particularly those that have to do with payments and maximum payouts. It’s a good habit of skimming through a website’s wagering conditions and looking for anything that may raise an alarm or just jar with your expectations from a website.
- Check how banking works: Next up, you will definitely need to check the banking on the website. Although Bitcoin sportsbooks do have a quick and easy way in their cashier sections, some exceptions may apply. For example, some BTC betting sites may review a withdrawal transaction or request AML and KYC procedures before releasing it.
- Try customer support: A very quick way to find out a lot about a casino is to take a look at the available customer support. This is an easy way to see what you can expect from a sportsbook in terms of responsiveness and whether the support is actually up to a good standard of care.
- Compare the odds: Next up, you want to compare the odds and see if the Bitcoin betting site you have in mind is going to offer you competitive odds that offer value-added betting situations. You want to register and play at a Bitcoin bookmaker that runs great odds that will allow you plenty of opportunities to place great wagers and reap tidy returns.
- Check what the maximum wins are: Sports gamblers, and especially those with a fair knowledge about handicapping, will often try to get the best possible value out of their time with a Bitcoin sportsbook. This is why it’s important to check what the betting and winning caps on certain events are. By doing this, you will know if the sportsbook can offer you good value, especially if you are looking to squeeze out big profits.
Advantages of Bitcoin Sports Betting Sites
Why play at Bitcoin sportsbooks? Well, there are many good reasons to consider registering at a Bitcoin sportsbook. Players will have the opportunity to benefit from an array of special features that may not be otherwise available at traditional bookmakers.
- Better odds: Bitcoin bookmakers will actually offer better odds than most traditional sportsbooks simply because they are located in jurisdictions that charge less tax. The upside is that bookies have more money to spend on pricing the odds slightly more favorably overall compared to the mainland operators, and this is definitely one of the biggest boons of opting for Bitcoin sportsbooks.
- Faster transactions: Another huge advantage of Bitcoin betting sites is that they make it very easy to transact money online to and from the operator. Because of blockchain’s advanced technology, transmitting large amounts of money, in the form of BTC, has suddenly become faster and more reliable than ever in the past. You can cash out your winnings in a matter of hours, although most sportsbooks will double-check each transaction before approving it.
- Decent privacy: Although it is a common misconception that Bitcoin gambling sites are completely anonymous, they do come with a better level of overall privacy and security. This is owing to the simple fact that you will not leave as much financial information when you play.
- Higher max winnings: Equally important, by registering at Bitcoin sportsbooks, you can often get your hands on far more worthwhile opportunities down the road, including the max winnings potential. While traditional bookmakers may have caps of just a few hundred thousand, some Bitcoin sportsbooks are willing to push past this threshold.
What Sports Can You Bet on With Bitcoin Betting Sites?
Bitcoin sportsbooks will offer you an ample variety of different sports to wager on. Players may have a go at all the American majors, such as the NFL, NBA, MLB, NHL, and MLS, or try some other quintessential sports such as NASCAR, F1, Golf, UFC, boxing, tennis, soccer, and more.
There are even more niche sports you can explore as well, including table tennis, volleyball, and more. Cricket is quickly shaping up to be a major sport you can bet on, and there are even electronic sports, which are video games played professionally.
A big part of the experience available at Bitcoin betting sites is the so-called entertainment wagers you can place, such as who the next president of the United States would be, or who the next Pope would be.
Overall, Bitcoin gambling sites make sure to work hard on providing you with worthwhile gambling opportunities down the line.
Bonuses and Promotions
A big part of the Bitcoin betting experience is centered around the idea of bonuses and promotions. Although most sharp sports bettors avoid promos altogether, there is still merit in exploring the available bonus offers. Here are several main types of bonuses you will encounter when betting on a BTC gambling site.
- Welcome offers: The Bitcoin bonuses and promotions are designed to offer you great welcome offers that will far exceed anything that you can find in a traditional sportsbook. The promos are sizable enough to offer extra funds that allow you to explore the sportsbook at your own pace.
- No-risk bonuses: Some sportsbooks will even offer you the so-called risk-free Bitcoin bonuses. In those bonuses, you get a certain sum that you need to deposit – if you lose it, you will be reimbursed in the form of bonus funds to bet again.
- Loyalty perks: Loyalty perks are perhaps one of the very best bonuses you can explore as they make it simple and easy for you to stack perks and advantages over time and as you stick longer at a sportsbook.
- Reload promos: Not least, you have the reload bonuses that will help you keep your bankroll up and running and make it easy for you to get some extra funds to play with when you finally get around to topping up your funds.
- Odds boosters: Odds boosters are actually quite a way to improve your overall gameplay and enjoy a fulfilling and worthwhile experience. These odds boosters will usually offer you a better pay-off if you are willing to take on a more challenging and riskier selection, boosted by the odds.
Are Bitcoin Betting Sites Legal
Bitcoin sportsbooks are completely legal, as they operate as registered businesses. The questions over their legality mostly stem from the fact that although they are registered in places such as Panama and Curacao, some of these websites are actually available in places such as the United States, meaning that American citizens can connect almost without any difficulty.
This has put the legal status of Bitcoin sportsbooks in question. However, so far as players go, they have nothing to worry about. These sportsbooks are legitimate and trusted operators and can be accessed and played at if you choose to. Presently, there are no licensed US-based sportsbooks that allow you to benefit from Bitcoin banking.
With this in mind, it’s still a good idea to check if your local laws explicitly prohibit players from accessing Bitcoin sportsbooks, although the chances are that they do not. You may see lawmakers and regulators objecting to the websites themselves, however.
Summary
Bitcoin sportsbooks are a fantastic way to not only enjoy a beloved pastime but also enhance it altogether. The access to better odds, higher max payouts, and more flexible banking overall means that you will have far more worthwhile sports betting experience. Players are welcome to explore dozens of excellent sportsbooks that have been reviewed and featured right here at CoinTrust and end up with the very best BTC bookies.
FAQ
Can you bet on politics at Bitcoin betting sites?
Yes, you can bet on politics if you register at a Bitcoin sportsbook. Many of the best sportsbooks offer the opportunity to place a wager on the outcome of a political race, such as the US presidential elections, mid-terms, or even who the next Pope would be.
Are Bitcoin sportsbooks safe?
Yes, Bitcoin sportsbooks are safe, offering you the opportunity to deposit, bet, and withdraw your winnings in a secure environment. Thanks to the use of blockchain technology, you enjoy better overall financial anonymity and achieve a higher level of overall security.
Is it legal to bet on a Bitcoin sportsbook?
Yes, it is absolutely legal to bet on sportsbooks that accept Bitcoin. As a player, you only need to worry about finding a sportsbook that is actually trusted by fellow players. Even if a regulator deems a bookmaker to be “illegal,” this seldom affects players much, as they can still benefit from the core platform. However, playing on such websites might be a risk.
Are there any fees associated with withdrawing my winnings?
There are small fees associated with Bitcoin withdrawals simply because they need to be executed over the blockchain. The busier the blockchain is, the higher these fees may be. On balance, however, the fees that you may need to pay are much smaller than, say, what you would normally cover when transacting money over a bank wire.
