Bitcoin Sports Betting Guide |
|
Bitcoin bookmakers are revolutionising the world of sports betting. Many of the bitcoin sportsbooks featured on this website allow you to create anonymous accounts and wager from any part of the United States. Thanks to bitcoin, these sportsbooks can process your deposits and withdrawals instantly, so you no longer need to wait weeks for a payout. Banking is also completely free, which means you'll have more money in your player account. Bitcoin sports betting sites allow you to wager on every major league in the USA, UK, Europe, Australia and Asia, including the NFL, NBA, AFL and the English Premier League. Fans of horse racing should visit our Bitcoin Horse Race Betting Guide.
In the beginning cryptocurrency sports betting sites only accepted crypto's like Ethereum, Litecoin and Bitcoin but established offshore bookies quickly realized the benefits too. Due to anti-gambling regulations in countries like the United States of America and Australia, offshore sportsbooks were having difficulties processing payments from credit card. As a result, most US-facing bookmakers now also accept cryptocurrencies in addition to euros, dollars and pounds. For this reason, we review both bitcoin-only sportsbooks and bitcoin-friendly betting sites because they both allow punters to bypass government bans. Just remember that if you are using a traditional offshore bookmaker like 5Dimes or BetOnline, your cryptocurrency will immediately be converted to dollars when you deposit.
In the beginning cryptocurrency sports betting sites only accepted crypto's like Ethereum, Litecoin and Bitcoin but established offshore bookies quickly realized the benefits too. Due to anti-gambling regulations in countries like the United States of America and Australia, offshore sportsbooks were having difficulties processing payments from credit card. As a result, most US-facing bookmakers now also accept cryptocurrencies in addition to euros, dollars and pounds. For this reason, we review both bitcoin-only sportsbooks and bitcoin-friendly betting sites because they both allow punters to bypass government bans. Just remember that if you are using a traditional offshore bookmaker like 5Dimes or BetOnline, your cryptocurrency will immediately be converted to dollars when you deposit.
Bovada Sports - Bovada.lvBovada are a great option for sports bettors in the USA who want to reap the benefits of bitcoin banking but also want the added security that comes with using a major online sportsbook brand. Licensed and regulated by the Kahnawake Gaming Commission
|
BetOnline Sports - BetOnline.agBetOnline are a traditional U.S. bookie that are regulated and licensed in Panama for the last twenty years.
|
BetCoin Sports - BetCoin.agBetCoin is a great option for sports bettors in the United States, Australia and the UK because they welcome gamblers from anywhere. BetCoin have been servicing cryptocurrency gamblers since the were founded in 2013.
|
CloudBet - CloudBet.comCloudBet is the best bookmaker for Australian sports bettors. They have been serving sports bettors thought out the world since 2013 and are known for competitive lines, fast payouts and a great selection of in-play betting markets.
|
Popular Articles & Topics
Tips For Choosing The Best Bitcoin Sportsbook
With such a variety to choose from, selecting the best bitcoin sportsbook can be a tricky task. Here are a few questions that you should ask before you make your selection.
- Do They Offer Live In-Play Betting?
If you are someone who likes to place a bet in the heat of the action, you should check first what kind of an in-play betting service they offer. At sportsbooks that only accept bitcoin, in-play betting is usually restricted to just NFL football, NHL hockey, NBA basketball, European soccer and major tennis tournaments. In-play wagering on rugby, cricket, golf or MMA/UFC is often not possible. - Are Stablecoins Legal In The United States?
Yes, there are currently no bans or restrictions on using stable coins like USDC (USD Coin) or USDT (Tether) in the United States of America, Europe, Latin America, Australia and most parts of the world. They offer a quick and easy way to quickly deposit or withdraw funds from your favourite crypto-sportsbooks without having to worry about price volatility. - What Are The Country Restrictions?
In the early days cryptocurrency sports betting sites were happy to accept punters from any country on the planet. That has changed over the past couple of years as the industry have matured and developed. For example, Nitrogen Sports is blocked in the United Kingdom and CloudBet no longer accept sports bettors from the U.S. or UK. Many sportsbooks also not longer accepts online gamblers from Australia, which has pretty restrictive laws against sports betting. - Advanced Features Like Live Sports Streaming and Cash-Outs?
Just because you are wagering at a cryptocurrency bookies doesn't mean you have to settle for second best. A couple of years ago the only online bookmakers offering features like cash outs and live streaming were major brands like Ladbrokes, Bet365 and William Hill. The crypto sports betting industry has advanced a lot of the past couple of years to the point where sites like CloudBet now live stream NBA basketball and Spanish soccer for free. Bookies like SportsBet.io now allow their players to close bets by opting for full or partial cash outs before games have finished. - Can I Gamble Anonymously?
While most of use a lucky to live in countries where sports betting is legal, there are countries around the world where it is strictly forbidden. If you are caught gambling in some countries in the Middle East, the penalty might be more severe than just a slap on the wrist. For this reason, anonymity might be more important to some gamblers than others. If a - Can I Wager On Horse Racing?
If you are a horse racing fan and you have only used major European bookmakers like Bwin or Coral, you probably take it for granted that you will be able to place a bet on the Aintree Grand National, the Kentucky Derby or the Prix de l'Arc de Triomphe from any betting site. Unfortunately, many cryptocurrency bookmakers no not have racebooks so if you want to have a flutter on the ponies you should do your research first. - Do They Have Zero Processing Fees?
Being able to avoid hefty credit card fees is one of the biggest advantages of using a bitcoin sportsbook. Most BTC bookies will process your deposits and withdrawals free of charge. We have noticed however, that some traditional "bitcoin friendly" online sportsbooks do charge their players a processing fee of a couple of percent. We recommend that you avoid these betting sites. - Which Betting Markets Are Covered?
If you're the type of sports bettors that only wagers on the big events then you'll be well catered for by most BTC bookmakers. If however, you also like to bet on smaller leagues like the Canadian Football League, NCAA College Basketball, WNBA or NCAA Football leagues, then you may be better suited to a major online bookmaker like Bovada or BetOnline who are also bitcoin friendly. - Which Bet Types Are On Offer?
Sportsbooks that only accept bitcoin tend to only offer money-line bets, spreads and totals. If you are a fan of proposition bets and teasers, combination bets and head-to-head betting then you should sign-up with a BTC friendly online betting site like 5Dimes or Bodog. - Do They Offer Two-Factor Authentication?
Safety and security should always be a priority when choosing the best bitcoin bookmaker because when your BTC are gone, they are gone forever. One of the best ways to secure the bitcoin in your player account is to enable two factor authentication. This means that any withdrawals from your betting account will not be processed until you have confirmed the transaction via Google Authenticator or from your registered email account.