Bitcoin Sports Betting

Update:

Bitcoin is one of the most suitable cryptocurrencies to use, and many punters are now moving to Bitcoin sports betting platforms to wager on events. This guide provides information on how we verify the best bitcoin betting sites for our readers and how to deposit.

List of Bitcoin Betting Sites

Found: 9 Bookmakers

Rank Bookmaker Bonus Claim
1 Trustdice

Bonus up to 3BTC/150ETH

2 1xbet

UP TO 5400 PHP WITH PROMO CODE 1XPH

3 Ivibet

100% first deposit bonus up to $150

4 BetOnline

50% welcome bonus up to $1000

5 Melbet

100% first deposit bonus up to 5800 PHP

6 22bet

BONUS UP TO 7500 PHP FOR SPORTS BETTING

7 Megapari

100% WELCOME BONUS UP TO ₱5,400

8 PNXBET

100% bonus up to 2000 PHP

9 Sportsbet.io

Up to 100% Multi Bet Boosts

Online Sports Betting with Bitcoin - The Ultimate Guide

Update:

bitcoin sports betting

Bitcoin is one of the most suitable cryptocurrencies to use, and many punters are now moving to Bitcoin sports betting platforms to wager on events. This guide provides information on how we verify the best bitcoin betting sites for our readers and how to deposit.

History of Sports Betting Crypto

history of bitcoin sports betting

The history of Bitcoin can be traced back to the late 2000s when the first block was mined and referred to as the "Genesis Block." This was the first-ever cryptocurrency released as a payment solution not tied to a government or private firm.

Its origin is dated 2007, and for many users, its operation is simple: direct contact. No need for third-party involvement. Its value is stable whether a buyer is in China and the seller in South Africa.

However, there are also associated cons with this payment. Its value is affected by market demand and supply. Hence it's highly volatile.

Interesting Facts

  1. The entire supply of bitcoin is 21 million
  2. No one knows the real author of Bitcoin till today
  3. 106 million people own BTC
  4. Many retailers now accept BTC as a payment method
First Introduction 2009
Apps Yes (Apple/Android)
Sportsbook coverage Yes
Countries popular in El Salvador, the European Union, US, Brazil, Canada, Australia
Fees 0.5-5%
Speed for transaction processing 0-40 minutes

Is Bitcoin a Safe and Secure for Betting?

A question among stakeholders is whether Bitcoin is a reliable payment platform for betting. The increasing presence of sports betting crypto sites now allows you to control the amount of information you release to bookmakers.

All Bitcoin transactions are done over an encrypted structure called the blockchain. Every transaction on the blockchain network is laid out and can be accessed by anyone. It cannot be mutated or altered. Its high security is because it is run on the blockchain network.

How to Deposit with Bitcoin

Bitcoin’s deposit process differs from conventional betting account processes. If you’re ready to deposit Bitcoin to your account, follow the next steps carefully.

  1. Choose your preferred Bookmaker from our List

    Any of our recommended BTC betting sites can provide optimal service for you. We advise you to go through each option and select any bookmaker that suits your interests.

  2. Register a New Account

    Sign up on the platform. You can create an account using the sign-up button at either the top left or right section of the website. Fill in the information and click on "Register" at the end.

  3. Tap the "Deposit" button

    If you're ready to fund your account, click on deposit. You can access it through the account section on the dropdown menu.

  4. Choose a Welcome Bonus

    Some BTC online sportsbooks allow you to choose the welcome bonus to claim first before moving to make a payment. Ensure you check out the wagering requirements before choosing anyone.

  5. Select Bitcoin as Payment Method

    On the deposit page, choose Bitcoin as your preferred payment option. You can either select the wallet address option or pick an exchange to convert your fiat currency to BTC.

  6. Enter your Payment Details and Choose the Amount

    Enter the desired amount to proceed. A string of letters and numbers known as wallet addresses will appear. Copy it and move it to your BTC app to make a payment.

How to withdraw your Winnings with Bitcoin?

After winning your bets, you’ll want to withdraw your funds. There are steps to proceed with withdrawing your cash prizes to your private account. Follow the next steps to begin and complete the process.

Withdrawing with Bitcoin

You can select a withdrawal process by following the listed procedures. Keep in mind that the process is different from the usual traditional method.

You will need a BTC wallet address. There are different apps where you can create an account and use them to operate an account.

Follow the next steps:

  1. Step 1

    Locate the account section on the chosen Bookmaker

  2. Step 2

    Click on withdrawal, then select ‘bitcoin’ as a payment method

  3. Step 3

    Enter the desired amount you want to withdraw

  4. Step 4

    Enter your wallet address from the app where you have a personal account

  5. Step 5

    Click on ‘Confirm’

Top 5 Betting Sites with Bitcoin

Here are 5 of the best bitcoin betting sites our experts recommend. These platforms have a positive reputation for users betting with bitcoin. Each also provides stellar services to make your betting experience a memorable one. They are also licensed by top-rated regulatory bodies since they offer different betting markets.

  1. Website #1 for Bitcoin – GGBet

    GGBet is one of the best crypto betting sites with a fairly large betting market. Betting with bitcoin is seamless here. The site also has resources for beginners to fund their accounts with bitcoin.

    bookmaker ggbet-homepage
  2. Website #2 for Bitcoin – 1xBet

    1xBet is a globally recognised online sportsbook that accepts bitcoin. The site is well protected with a high-quality encryption network. You will find excellent bonuses and promotions, especially for new customers using bitcoin to fund accounts.

    bookmaker 1xbet - homepage
  3. Website #3 for Bitcoin – Trustdice

    Trustdice is licensed by several regulatory bodies known for their strict policies. It has a wonderful betting platform with excellent betting odds, especially for bitcoin. The welcome bonus is impressive and ranks highly.

    bookmaker trustdice - homepage
  4. Website #4 for Bitcoin – MELbet

    While bitcoin is not the only payment option available on MELbet, punters prefer to use it because of its rich and swift processes. They also display tips on how to fund your account instantly.

    bookmaker melbet - homepage
  5. Website #5 for Bitcoin – BetOnline

    BetOnline has become an option for wagering on sports events using Bitcoin. Thanks to its navigation system, you can make a bitcoin transaction and fund your account in minutes. Its betting market is also favourable.

    bookmaker betonline - homepage

How We Test & Review Bitcoin Betting Sites

When selecting top-ranking bitcoin betting sites, we look for several factors. We understand that a well-licensed bookmaker is key to protecting players’ assets. Here are the features we crosscheck before recommending a bitcoin sports betting website.

how we test & review bitcoin betting sites

  1. Fees and Commissions

    One attribute of betting with bitcoin is the low fees or commissions charged. While the fees may range between 0–5%, the BTC betting sites with a lower cost are prioritised. This allows our readers to pay small amounts for quality services.

  2. Support Work Quality

    No bookmaker functions properly without a well-organised customer support unit. We confirm that the betting site has an active support framework comprising different modes to reach an agent. This includes a live chat, email, phone number, and social media.

  3. Mobile Version and App

    Technology has improved and smartphone gambling is a hit nowadays. We check for BTC sports betting sites where you can wager on different events from the comfort of your mobile device. A mobile app also makes it a crucial must-have too.

  4. Deposit and Withdrawal Times

    All crypto sports betting sites have fast processing times for deposits and withdrawals. We take sites where the quick processing time is usually instant as a first priority. Sports betting sites that accept bitcoin require a short time to process requests.

  5. Popularity Among Betting Sites

    We consider online reputation to be an important asset when ranking bitcoin sportsbooks. The online reviews from different users allow for making crucial decisions when reviewing and recommending BTC betting sites.

  6. Security

    The security of your information is essential. We only list bitcoin sports betting sites that offer high-resolution websites. The strong security encryption of 128-bit or higher helps in making the difference.

3 Best Betting Apps Accepting Bitcoin

Here, we list the mobile apps where you can wager on sports events with bitcoin. These apps are among the best you can find with some features available on your smartphone.

  1. #1 Betting app for Bitcoin – GGBet

    GGBet allows punters to wager on different sports events using Bitcoin. The app is small in size but highly responsive. With the mobile app, you don't need to log in on the web version, as all services are available here.

    ggbet mobile app
  2. #2 Betting app for Bitcoin – 1xBet

    The 1xBet mobile app is one of the best for Bitcoin betting and is available in many countries. You can deposit using Bitcoin in no time and with no cons. Customers can claim their welcome bonuses here.

    1xbet mobile app
  3. #3 Betting app for Bitcoin – Trustdice

    Trustdice allows punters to access a large betting market through its mobile app. Its design is impressive and loads fast. Making a deposit with bitcoin is seamless, while you can also access customer support from the app.

    trustdice mobile app

Live Betting with Bitcoin

bitcoin live betting

Live bets are where customers can wager on different sports events already in motion, and your ability to read the game’s next move is the key to winning. This betting style has been gaining interest and bitcoin is currently one of the best options punters use for live bets.

Using a payment option that funds your account in record time is also important with no hindrances. You can select some banking methods, but bitcoin is the fastest. Its safety features and fast processing time make it a favourite for live bet punters. Depositing can be confirmed in minutes so you can load your wagers immediately.

3 New Bookmakers with Bitcoin

Here are some entrees if you’re keen to start betting with bitcoin on new platforms. We have confirmed that the operators are reputable firms regulated by top licensing bodies. The features have been tested and verified to be safe and easy for our readers.

  1. #1 New Betting Site with Bitcoin – Trustdice

    Trustdice, managed by Satoshi Gaming Group IV, is a well-known cryptocurrency casino. It includes great modern features where players can comfortably wager on different games without visiting the browser.

    new bookmaker trustdice - promo page
  2. #2 New Betting Site with Bitcoin – MegaPari

    MegaPari is currently building a strong relevance online. Players can conveniently find different modern betting options, including bitcoin as a payment option. The bookie is owned by Orakum NV, a gaming company with a Curacao license.

    new bookmaker megapari - promo page
  3. #3 New Betting Site with Bitcoin – Sportsbet.io

    Sportsbet.io is managed by mBet solutions. Here, you can wager on any number of games using bitcoin. Although it is a new site, it currently records a high number of new registrations every day.

    new bookmaker sportsbet.io - promo page

Best Local Sportsbooks to Bet with Bitcoin

Philippines punters who want to enjoy the best of BTC betting sites can choose from many sportsbooks available in their locality. They all have the necessary license from the local gambling authority. All features needed to wager successfully are available here.

  1. 1

    UP TO 5400 PHP WITH PROMO CODE 1XPH

  2. 2

    50% welcome bonus up to $1000

  3. 3

    125% bonus up to PHP 10,000

  4. 4

    Bonus up to 3BTC/150ETH

Best Bonuses for Punters Betting with Bitcoin

best bonuses for punters betting with bitcoin

Special discounts and bonuses exist for customers who prefer to wager with Bitcoin. These rewards are common at many BTC betting sites and offer great benefits for you. However, they differ in value among bookmakers.

Depositing and Withdrawing with Bitcoin

Depositing and withdrawing with Bitcoin has become less stressful thanks to improved technology. Some modern BTC betting sites may require you to scan a bar code and make a payment directly. Here are some features attached to bitcoin payments.

Deposit Times, Fees & Limits

Betting Site Deposit speed Free Limits Min/Max
1xbet
Instant Min: $1
Melbet
Instant Min: $1
BetOnline
Instant Min: $20 Max: $500000
Trustdice
Instant Unlimited

Withdrawal Times, Fees & Limits

Betting Site Withdrawal speed Free Limits Min/Max
1xbet
Up to 24 Hours Min: $10
Melbet
Up to 24 Hours Min: $1,5
BetOnline
Up to 48 Hours Min: $50 Max: $100000
Trustdice
Up to 48 Hours Min: 0.0005 BTC Max $ 5,000

Alternative Payment Methods

If you’re uncomfortable betting with Bitcoin, you can use some common alternatives. These methods are also used by punters globally and our experts have confirmed that they involve simple processes to fund or withdraw from your account.

FAQ

? Is it safe to bet on crypto sports betting sites?
Yes. It is safe to bet on crypto sports betting sites because it is protected by the blockchain network, which is not immutable.
? How to start betting with Bitcoins?
Create an account and locate the account section. Choose deposit and select ‘bitcoin’. Fill in your details and make your payment. You can now begin betting.
? What BTC betting sites are safe to use?
This depends on your taste. However, we have some betting bitcoin sites verified by our experts.
? Are there BTC sports betting sites in the Philippines?
Yes. There are different sites to try out in the Philippines. You can check our bookmaker list to find one that suits your taste.
? What is a BTC betting site?
A BTC betting site allows punters to wager on sports events using Bitcoin. eSports betting with bitcoin is also becoming popular.

4 ratings, average 5 out of 5

Review Author

Evelyn Balyton

Evelyn Balyton
Last 2 years I'm assisting with reviewing online casinos, bookmakers and sharing useful information for gamblers. My hobbies are cycling, horse riding and a beloved one - video games.
Reviewer

Vadims Mikeļevičs

Vadims Mikeļevičs

Greetings. I am Vadims Mikeļevičs, and I am - along with my many colleagues - responsible for bonuses’ and bookmaker reviews and other content of the website. I am writing templates for new articles, expanding the current database of reviews, creating briefs for our experts and doing basically anything else that I am requested to do.