Bitcoin Sportsbook Ultimate Guide

Top 3 Bitcoin Sportsbooks

Why bet on sports with Bitcoin? (and Cryptocurrencies)

Bitcoin, alongside other cryptocurrencies, is fast, secure, and anonymous mediums of payment.
Let’s see what advantages you get to bet on sports with BTC, Ethereum, or Litecoin. Conversely, I’ll present a few disadvantages of Cryptos over fiat currency.

Bitcoin Sportsbook Advantages

1/ Fast Deposit and Withdrawal

On the Bitcoin blockchain, the average block time is 10 minutes. It means that in 10 minutes, transfer to a Bitcoin Gambling site will be confirmed. That’s the same duration for any amount.
Besides, other cryptocurrencies offer faster transactions. For example, Ethereum confirmation time is less than a minute. So, you can instantly send what to wager on a game and get your bet settled. Don’t ever miss a sports bet again.

2/ Anonymity

In addition, great Bitcoin Sports Betting Sites allows anonymous play. To them, your email, a bitcoin address, and your word that you’re over the legal age to play are enough. Namely, play undercover at Cloudbet, FortuneJack, OneHash, and Stake.

3/ Accessibility

Cryptocurrencies are used and accepted everywhere. Consequently, Bitcoin gambling Sites erase currency and geographic limitations.

For those looking to start betting with Bitcoin right away, the most important fact to consider is your location.

Indeed, all the best sportsbooks come with great game offerings.

So, choosing the best Bitcoin casino for your country lets you directly deposit, play, and withdraw without hassle.

Best Crypto Sports Betting sites available in your country

Best for eSports

Best for eSports

Best for eSports

Best for eSports

Best for eSports

Best for eSports

Use a VPN to access your favorite sites from anywhere. So, you can keep playing, either you’re at home or travelling. Get Windscribe for free.

Also, our USA Bitcoin Sportsbook page lists the best Sports Betting sites for US-player.

How to choose a Bitcoin Sports Betting Site?

Each player has specifics that make a Bitcoin Sportsbook better for him.
I do my best to provide maximum information on the game offers.
So, you can pick the right place for you. Really, I do strict research before listing a crypto sportsbook.

Reputation and Trust

First, I check the Site’s reputation.

What is its history? Does it have complaints? What do users say about it?

I do my research, and I look for any red flag. Class action sites, Forum, Comments on review sites are the place I begin with. Regarding my experience, I learned to distinguish whines and bitterness from legitimate complaints.

Bitcoin Sportsbook Evaluation

Then, I try the reviewed Bitcoin Sportsbook by myself. I always do the following:

In other words, I know very well the sites I review.

If you have any questions unanswered, contact me. I’ll respond as soon as possible.

In addition, Bitcoin Sportsbooks use to come up to us with exclusive offers. Indeed, you can benefit exclusive promotions when Welcome Bonuses doesn’t suit you. Tell us what you’re looking for, we will send you the best current promotions for your needs. 

Start Sports Betting with Bitcoin

While betting on Bitcoin Sportsbook is a breeze, you may need to get Bitcoin first.

Our 10 minutes guide will help you.

But, for those who want to understand how Bitcoin works, let’s see the basics.

First, I’ll present to you on how to secure Bitcoins and Cryptocurrencies.

Then, I explain how to purchase your first cryptos.

Crypto Wallet

The very first thing that you need to get started with Bitcoin or crypto is a wallet. The wallet is the place where you keep your coins safe.

Of course, crypto-experts will choose the best wallet for their use. But, if you are a newcomer, let me suggest two very secure and easy ways to set up your own wallet. Specifically, these wallets do not require technical skills and can secure major cryptocurrencies (BTC, Ethereum, Litecoin, and more).

• Coinbase : it is not only a trustworthy exchange but also a secure crypto wallet. It is a safe way to begin. Similarly to another online account, you can recover your password if you lose it.

• Ledger : It is the most secure way to hold Bitcoin and crypto. Indeed, you don’t rely on any third-party provider and your coins get secured by a hardware device. Besides, it comes with the Ledger Live App which is a breath to start with.

Bitcoin Sports Betting Bankroll

Once you have Bitcoin or other cryptocurrencies, I recommend you to play safe. Here are my recommendations to keep control of your bets, protect your BTC investments, and use the best-suited cryptos to play on Bitcoin Sportsbooks.
Moreover, I’ll tell you how I proceed to get better odds and a maximum of Bonuses.

When it comes to gambling, the first rule is DON’T PLAY MONEY YOU CAN AFFORD TO LOSE! It is true for both Casino games, Sports Betting, and Poker. Then you won’t put yourself in bad situations, gambling should always be fun and safe. Visit BeGambleAware and GamCare if you have gambling issues.

The second rule is, DON’T PLAY MONEY YOU CAN AFFORD TO LOSE.

Play on a Bitcoin Sportsbook

Crypto Sportsbooks open up a lot of betting opportunities.
Obviously, they allow betting with Bitcoin, Ethereum, Litecoin, BitcoinCash, Tron, Eos, Monero, Tether, and More cryptocurrencies.
More importantly, Bitcoin Sportsbook Sites provide bets not only on Sports but also on eSports, Politics, Entertainment, and Horse Racing. Both are available on future and live events!
For each category, I give my favorite Bitcoin Sportsbook.

Live sports

Betting on Live is a great way to dive deeper into games. For example, I’m more likely to bet on scorers once the game has begun. So, I use my phone to place the last wagers during the game.

Thanks to great user interfaces, Cloudbet.com, FortuneJack.com, and Stake.com are excellent for Bitcoin Sports Betting on the Go!

Politics and Entertainment (specials)

Bitcoin Sports Betting: Bet types

In this part, I present the different Bet Types. Either you are new or a seasoned punter in the Sports Betting scene, let’s see what Bitcoin Sportsbooks offer.

Total (over/under) bet

Total bet usually refers to over/under bet.
This bet is available in all major sports. It is very common to bet on Total Score.
For example, the 2018 World Cup Final, France vs Croatia. You know France had great scorers and you bet for a total score over 3 (3+). Final Score is 4-2, that’s 6 goals, you win.
In like manner, betting on the number of rounds in boxing combat is an over/under bet.

Since Money line, Parlay, and Total bets are very common, the top 3 Bitcoin Sportsbooks are the best suited to try it.

In addition, let’s discuss advanced Bet Types that season Punter could add to their arsenal.

The point spread and Handicap betting

Point Spread is easier to understand than it sounds, it is a Handicap Betting.

Similarly to Win bet, you bet on the game outcome except that there is a handicap and it is not an option to wager on a draw. Indeed, you have to pick the winner with a score handicap. Once applied the handicap, if the result is a draw, the amount is returned to the punter. 

Let’s take an example. Manchester City is considered a favorite against Liverpool.

Bitcoin Sportsbook Sites offer the best value for your money on the sports betting scene.
Indeed, they provide the biggest and best bonuses in the market. Let’s see how a bonus work.

What is a Sports Betting Bonus?

A Sports Betting Bonus is a free amount of money credited to your player account under the site’s conditions. Most Bitcoin Sports Betting Sites offer huger Welcome Bonuses.

They apply to your first deposit.
Besides, the following deposits trigger Reload Bonuses.
Bitcoin Sportsbooks offer bigger Bonuses of the market.

How does rollover bonus work on a Bitcoin Sportsbook?

Usually, your Bonus is released once you have reached a betting amount. It is the rollover or wagering requirement.

An x25 rollover means that you have to bet 25 times the bonus amount to get it. Usually, bonuses are released incrementally until you reach the rollover.

For example, let’s say that you deposit 1BTC that qualifies you for a 1BTC bonus. If the wagering requirement is x25. You will finish unlocking your bonus once you reach 25BTC.

What are the best Bitcoin Sports Betting Bonuses?

FortuneJack has a huge 6BTC Welcome Bonus with only a 30x wagering requirement!  Indeed, 1.5BTC for each of your four first deposit (+250 free spins).

Cloudbet also offers a massive 5BTC Welcome Bonus.

Moreover, we have exclusive promotions and bonuses for the players who register through our links. If you don’t have an active bonus, contact us to see what we can negotiate for you.

Bitcoin Sportsbook FAQ

At last, I want to answer Frequently Asked Question on Bitcoin and Sports Betting.

Will I have to pay taxes on my winnings?

Regardless of your country’s laws, you don’t have to pay tax on your winnings.
That the point of using cryptocurrencies or Bitcoin, you have full control of your money. Only you and your Bitcoin Sportsbook know your winning on gambling.

Can I get my Bitcoin back if I use the wrong address?

No, you don’t!
Always use copy-and-paste and double-check your address before sending cryptocurrencies. Further, be sure to use the same currency in your wallet and your player account.