Blockchain and cryptocurrency technologies may seem relatively new. However, online gambling operators saw the apparent benefits to invest in the digital currency industry. Bitcoin sportsbooks that exclusively accept cryptocurrencies slowly expand their crypto selections and rewards to bettors.
Sportsbook bettors take advantage of Bitcoin’s anonymity to reassure customers who live in states where betting is illegal. Since the establishment of Bitcoin in 2009, this cryptocurrency has been a favourite method of payment for many punters.
Sportsbooks that accept Bitcoin make it easier for bettors to place bets on major events from across the world. Punters can be able to place bets on events such as soccer, boxing, tennis, basketball, baseball, motorsports, rugby, cricket and esports (read this – eSports Bitcoin betting), among others.
Currently, Bitcoin sports betting sites are becoming more and more competitive, with hundreds of operators available to pick from. In response to this increase, there are top sites that are offering more cryptocurrency bonuses, rewards and benefits to attract as many gamblers as possible.
Bitcoin sites are favourite options for many players since they offer instant deposits and withdrawals, massive selections of games, low fees and much-needed anonymity (read this – anonymous sports betting). If you are looking for the best Bitcoin sportsbooks that you can sign up for and enjoy the best betting experience, then this guide has got you covered. Keep reading to discover more about how to use best Bitcoin betting sites and how to find them, among other crucial things.
Why Should I Use Bitcoin Sportsbook Betting?
More and more betting sites are encouraging their customers to place bets with digital currencies like Bitcoin. Advantages of using Bitcoin range from incredible bonus deals to speedy transactions. In addition to these benefits, here are the main reasons why you need to start using Bitcoin sportsbook betting.
People are asking these questions
⭐ How to make sports bet with crypto?
If you want to bet with cryptocurrency, first of all you need to have a crypto wallet in sites like Coinbase, Kraken or Binance. Second step is to buy crypto on exchange and the last step is to choose which crypto bookmaker you want to bet on.
⭐ Is it safe to use sportsbook crypto?
✅ Yes, it’s safe to use crypto sportsbooks, but you need to remember that most crypto bookmakers have weaker licenses, like Curacao.
⭐ How to bet on Bitcoin?
In the near term projections show that betting on Bitcoin will be very profitable, so you can buy Bitcoin in crypto exchanges or crypto sportsbooks with credit/debit cards.
⭐ It's possible bet Bitcoin on sports anonymously?
✅ Yes, it’s possible, some Bitcoin sportsbooks are very anonymous and easy to use. To register and get cashouts from bookies, you just don’t need to enter any personal information, just your email and Bitcoin wallet address.
⭐ Which Bitcoin bet site has biggest bonus?
Biggest Bitcoin welcome bonus has 1xbit, this bookmaker offer up to 7 Bitcoin welcome bonus, here you can read 1xbit bookmaker review.
Faster Deposits and Instant Withdrawals
When placing bets online, speed is one of the benefits. After purchasing Bitcoin coins, from a crypto exchange and they are available in your wallet, depositing in your account is faster compared to traditional methods of payment.
Withdrawals are also quick in online Bitcoin sportsbook. Instead of waiting for hours, days or even weeks for you to receive your winnings, Bitcoin transactions take a few seconds to process. However, depending on the load, the transactions can take a few minutes. Apart from the load, other factors that can affect the speed are the operator and the number of transactions.
Better Bitcoin Sportsbook Bonus and Promotions
Bonuses and promotions make betting on sports more fun, and they help stretch your deposit further. BTC sportsbook bonuses come in different forms, including referrals, sign-ups, no deposit and deposit match.
You will have to look for sportsbooks that offer special promotions and bonuses for using cryptocurrencies like Bitcoin reload offers (read this – how to bet with crypto?). With such deals, you are getting rewarded for betting Bitcoin over other fiat currencies.
Another major advantage of betting with Bitcoin is the ability to take part in the gambling activity with complete anonymity. When making a transaction, you will not have to provide any of your financial or personal information apart from your Bitcoin address and email.
Sportsbooks that accept Bitcoin allow you to place bets on a wide range of markets that you may not do with any regular betting website. Some Bitcoin sports gambling sites offer additional markets such as virtual sports, slots, poker rooms and casino games (read this – best crypto gambling sites).
In addition to lots of markets available, top Bitcoin sportsbooks offer higher odds than operators that accept fiat currencies. If you want to get the best odds, then be sure to check the odds on different sites before you can sign up. Many sites offer competitive odds on events that you can only bet on sports with Bitcoin.
How to Deposit Bitcoin in a Crypto Sportsbook?
Depositing Bitcoin into your best crypto sportsbook account is simple. Here are the quick and easy steps that you need to go through once you have some Bitcoin coins in your wallet.
- Create a new account at your favourite sportsbook Bitcoin
- Visit the cashier section
- Navigate to the deposit section and choose Bitcoin as your method of payment
- Enter the amount that you want to deposit
- Your sportsbook will provide you with a crypto address to send your funds to
- Wait for transaction confirmation
- Choose your markets and place the first bet in online sportsbook Bitcoin
Where to Buy Bitcoins for Sports Betting?
Bitcoin is increasingly becoming one of the currencies for the future. But even with this increasing popularity, many people are still unaware of where to buy bitcoins. This becomes even more challenging considering we have an influx of sports betting sites ready to accept bitcoin payments. For any enthusiast bitcoin bookmaker, we have developed a list of platforms that afford you the best place to buy bitcoin safely.
If you’re only a beginner, we highly recommend Coinbase as one of the leading cryptocurrency exchanges where you can easily buy your bitcoins. The platform provides support for bitcoin and several popular cryptocurrencies such as Litecoin. This is especially helpful to players who prefer playing on Litecoin betting sites. Coinbase sports betting also boasts a strong security track record and provides bitcoin exchanges at a reasonable fee. Other best bitcoin wallet for gambling and exchanges where bitcoin is available for sale include:
Our assessments have allowed us to rate these sites as the best bitcoin wallet for betting. The platforms provide a perfect balance between costs, security and trading options.
Interactive brokers help buy futures contracts on bitcoin and trade the coin directly. They have charges which a buyer has to pay before accessing a specific number of bitcoins. With interactive brokers, buyers have a wide range of securities to trade in bitcoin. This makes them among the best places to buy bitcoins. A key example of an interactive brokerage firm includes Robinhood.
Bitcoin ATMs are a more direct place to buy bitcoins. Though they charge higher commissions, Bitcoin ATMs are the best buying place for players wishing to bet bitcoin on sports. They provide faster access to bitcoins using cash or debit cards and allow the selling of the coins.
Online payment services like CashApp, PayPal and Skrill have new features that allow buying, selling, and holding cryptos like bitcoin. Skrill one of the best bitcoin wallet for sports gambling.
How to Find Best Bitcoin Sportsbook?
Best crypto sports betting sites have adapted Bitcoin well and matured to welcome as a method of payment are the right types since they have the players’ interests in mind. Also, these sites are always willing to make all the required changes to keep up with the current times.
Many of the leading BTC sportsbooks allow their customers to deposit funds and withdraw their winnings with no fees involved. Here are the most important features that the best Bitcoin sportsbook must have:
Generous Sportsbook Bonuses and Promotions
A good website always provides its customers with excellent bonuses and promotions. In most cases, these promotions and bonuses come with terms and conditions that you must meet to claim and use them.
The terms and conditions that a bonus has determines if it is generous enough or not. Keep an eye on the wagering requirements and only accept the bonus if these conditions are easy to meet.
24/7 Support Service
If you need help with anything ranging from deposits to claiming bonuses and promotions, it will be easier for you when you can easily and quickly chat to a professional customer service agent about your bet sports bitcoin activity.
A 24/7 support service is even more valid for new customers on sports betting platforms that accept Bitcoin. Be sure to check and test the customer support team to ensure it is top-notch before you can complete the account creation process.
All of the best Bitcoin betting sites usually know the importance of loyalty programmes. After all, they offer the best way to keep all customers entertained, especially those who make deposits and betting on bitcoin bet site regularly. Loyalty clubs offer great promotions and add lots of rewards and fun. Look for a best BTC sportsbook with a highly rewarding VIP club.
Variety of Sports
Only create an account with a Bitcoin only sportsbook that provides you with only the best markets. These include a wide range of events and sports, competitive odds and a massive array of wagers. However, you should not just choose a cryptocurrency sportsbook just because it offers a good variety of sports. Some sports bet with Bitcoin sites can offer many events and markets but defraud you.
It is always recommended to create an account with several sport bet with Bitcoin sites and compare what they offer for every event and sport that you are interested in. Ensure it offers all types of sports and even more niche markets such as politics and entertainment.
Betting with Bitcoins Conclusion
Best crypto sportsbooks make it easy to bet on all of your favourite sports using Bitcoin cryptocurrency instead of other currencies. These websites offer lots of benefits that we have already discussed in this guide, which include exclusive offers and complete anonymity. Are you ready to start your sport betting crypto journey online using Bitcoin? Be sure to pick the best site from the list of recommended best online sportsbooks crypto.
All of the recommended sports bet Bitcoin sites have the features that you need as a sports bettor, as the experts have reviewed and ranked them for you to choose from. We are sure that you will have the best betting experience once you start betting with Bitcoins in crypto sportsbooks.