Best Bitcoin Betting Sites
Since there are so many questionable betting sites on the Internet right now, there’s a good possibility you’ll find one that takes all of your money, negates all of your efforts, and leaves you feeling hopeless and disappointed!
When seeking the best Bitcoin betting sites, our experts use a tried-and-true evaluation process:
- Configuration and compatibility
- Sports betting alternatives
- Free bets and bonuses
- Security and banking
We attempt to bring you the most unbiased user reviews because we are also huge fans of sports betting and want to help you understand what to anticipate. We can guarantee that you’ll locate a betting site that meets your needs.
How We Review Bitcoin Betting Sites
We evaluate all different types of cryptocurrency gaming businesses, including Bitcoin sportsbooks, online casinos, and poker networks. Every website we review must pass our rigorous, systematic evaluation process.
Like any other user, we set up an account, after which we make a deposit. We place bets with our own money to see how long it takes to actually receive our rewards. Moreover, we devote close attention to even the tiniest elements, like the user experience, banking alternatives, customer service, and the way the website functions and appears. We don’t start writing our in-depth reviews until we’ve collected and examined all of this information.
When a website receives our recommendation, we’ll include it on our list of the top Bitcoin betting sites. You can utilize that information without paying anything. We are confident that it will assist you in selecting the finest platform for your online sports betting requirements.
When testing each Bitcoin sportsbook, we take into account the following factors:
Bonuses and Free Bets
The typical Bitcoin betting site provides a welcome bonus to new customers. However, wagering conditions are frequently attached to these welcome bonuses, making it quite challenging to withdraw money from your account. Not only do we rank welcome bonuses according to their size, but we also offer you a sense of how likely it is that you will ever receive the money.
Casinos can use free and conditional bets in more inventive ways because of online betting. Operators who give large free funds and innovative betting options are ranked higher.
Variety of Sports and Leagues
Some websites only take bets on a select few sports. You can wager on anything from acrobatics to Yahtzee on others. Some websites only let you wager on the top divisions of each sport. If betting on Kazakhstan’s third-division football league is more your style, you can do it at other Bitcoin sportsbooks. We favour websites that give their users the most options.
Is there any minimum or maximum amounts that can be deposited or withdrawn? What cryptocurrency can you use to gamble with and what is the minimum wage? Every casino we assess is subject to our inquiries, and we don’t put up with any nonsense when it comes to money transfers. We hunt for unresolved difficulties by reading user reviews on the Bitcoin sports betting Reddit and related pages.
Fixed Odds vs. Parimutuel Betting
How much a bet will pay out can be determined in one of two methods. First, there are “set odds.” Professional bookies and handicappers establish the odds by calculating the likelihood of an occurrence, typically from a 250-foot skyscraper in Las Vegas. No matter what other people do, the odds will then determine how much money you’ll earn from your wager. The possible win is smaller the lower the odds multiplier. Most Bitcoin betting sites use this strategy.
Betting on “parimutuel” or “pool” operates differently. In this instance, the amount of money other individuals wagered on the same event directly ties to the amount you would win on your bet. All wagers are combined into one pool, and winnings are paid out in proportion to your initial wager. There are some Bitcoin sportsbooks that focus on this kind of wagering.
From the time your wager is placed until the event has started and the bets are off, fixed odds stay true to their name and guarantee winnings. However, as long as bets continue to come in, the payoff for pool wagers will fluctuate.
Surprisingly, expected winnings for both sorts of bets end up being nearly identical. Parimutuel bettings collective handicapping frequently produces outcomes that are identical to those determined by expert bookmakers. What’s the big deal, then?
Blockchain technology can be used in this situation. When it comes to BTC betting, the procedure of creating and maintaining a pool is much more open and simple. With the use of blockchain ledgers, every wager is precisely recorded, making the process transparent and impervious to manipulation.
Additionally, pool betting is a fantastic fit for the blockchain’s ideology. Down with centralized committees defining what’s good and bad, as crypto fans would say! Pool betting enthusiasts believe that a group that monitors itself and cooperates has the future.
3 Top-Rated Bitcoin Betting Sites
Discover what are the top-rated bitcoin betting sites.
According to FortuneJack’s “about us” page, employees pride themselves on becoming industry innovators. The features of FortuneJack consistently go above what we’ve assumed is feasible for a Bitcoin betting platform.
All that is needed to create an account is an email address. You can participate in the free first-bet promotion as soon as your account has been verified. Your first bet must be wagered at least 1 mBTC to qualify for a free bet worth twice that amount.
The website has an easy-to-navigate design. The sidebar on the left side of the screen has a full list of sports and leagues. With 23 sports included, the variety is wide. The following cryptocurrencies are accepted by FortuneJack: Bitcoin, Dogecoin, Litecoin, Ethereum, Zcash, Dash, Bitcoin Cash, and Monero. Withdrawals and deposits are completed in a matter of minutes. We used live chat to ask questions to customer service. They responded quickly and were really helpful.
We can state with confidence that FortuneJack is a reputable Bitcoin casino. If you play often enough, you can be invited to join the VIP club, where you can take advantage of exclusive benefits reserved for their most devoted players: increased betting limits, fewer wagering requirements, exclusive promotional deals, and much more.
Top betting sites should offer privacy and support Bitcoin and Ethereum. This regulation is taken to a new level by Nitrogen Sports. Even providing an email address is optional. You are welcomed by a message stating that an account has already been created for you as soon as you arrive at the website. It is still optional to use a login and password to safeguard it.
Promotional opportunities are scarce. Every month, a jackpot for NFL parlays is drawn. The variety of sports available allows you to wager on both the most significant leagues and the most well-known sports. Soccer offers the most variety of wagers, with even the most obscure leagues being covered.
The layout of the website is clear and tidy, which avoids certain Bitcoin betting companies’ severe flaws.
The smallest wager is 0.0001 Bitcoin. Sometimes the maximum bets are too low, however, Nitrogen Sports frequently increases them as the tournament gets closer to the start. Except for one transaction, the deposits and withdrawals we conducted on the site were quick and easy.
In our perspective, Nitrogen Sports sets the bar for fast, secure, and anonymous cryptocurrency betting services.
The Stake is a betting website that is tough to defeat in an octagon match. The Stake sportsbook and casino is a Crypto Gambling Foundation-verified operator and an official betting partner of the Ultimate Fighting Championship.
The registration process at this online betting site is the easiest we’ve come across thus far. With a touch of a button, you can sign up using your Facebook, Google, or Twitch account. Only your username has to be entered. Stake’s website is cutting-edge, quick, and simple to use, just like the greatest Bitcoin casinos and sportsbooks, which all have distinctive designs.
The sportsbook hosts a daily C$10,000 race to make your stay more entertaining. You enhance your daily chances of winning big with every wager or casino game you play. VIP members can participate and win tickets for the weekly drawing with prizes of C$100,000. Stake offers rewards to devoted players.
You can make payments at this sportsbook mostly using Bitcoin and other cryptocurrencies. You can purchase cryptocurrency straight from Stake using Mastercard, Apple Pay, Google Pay, or Samsung Pay if you don’t already have any. A fintech startup called MoonPay collaborates with the sportsbook to make it easier to buy bitcoins.
On 50 sports and esports, Stake players can wager with Bitcoin and other cryptocurrencies. Stake will suit your betting preferences whether they are basketball, darts, Call of Duty, or badminton. There are advertisements for important sporting occasions, such as UFC fights, NBA Finals, Roland Garros, and others.
Things to khow about crypto casinos
Is Bitcoin gambling legal?
It is, indeed. Although the legal landscape surrounding cryptocurrency is unclear and evolving, crypto betting sites in the United States, Canada and elsewhere in the world operate without any known legal problems.
What about the wagering requirement?
The wagering requirement is stated in the fine print at the bottom of every promotional offer. You must wager your bonus money a certain number of times before the sportsbook will let you withdraw it.
How do I acquire Bitcoin?
You must have a Bitcoin wallet first. Your Bitcoins will be stored, sent, and received at this address. Wallets can be used with online browsers, mobile or desktop programs, or even while offline in hardware stores.