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Edimar Chauran Autor Edimar Chauran Actualizado el 3 septiembre, 2023 Tiempo de lectura: 6 minutos

What Will You Find in this Article?

Crypto sports betting is gradually coming up on the hot list of entertainment. If you’re not aware of the paradigm, this is the post for you. We plan to focus on the best crypto betting sites along with how you can bet with these decentralised currencies.

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How to Bet with Crypto

Place crypto bets are not very different from traditional bets. It’s just that you must go through a few extra steps. Here is a rough outline of what you need to do.

1

Create a Crypto Wallet and Purchase Crypto

The most important thing for betting with cryptocurrency is a crypto wallet. These are web3 wallets that store crypto instead of fiat currencies. You can sign up for non-custodial wallets like Metamask or Trust Wallet. Then, visit any crypto exchange and purchase the token you want to use.

2

Sign Up for a Crypto Sports Betting Site

Your next step is to sign up for a betting site that accepts crypto. Just look into the list of operators we’re recommending for instant access. Sign up using valid information only.

3

Deposit Real Money and Claim Bonus

To play a bet crypto, you must first deposit crypto. Use the crypto wallet you have to transfer tokens into your betting account.

4

Place a Crypto Bet

Now, all you have to do is pick a sport to bet on, pick a market, and add it to your bet slip.

Top 5 Best Crypto Betting Sites

Feeling overwhelmed with all the cryptocurrency betting sites we have listed on this page? Worry not because we’re about to narrow your options down to only 5, our favourite 5.

N1Bet

Crypto Bonus Wagering Requirements Minimum Deposit Accepted Crypto Payout Time
EUR 300 equivalent 35x bonus EUR 20 Equivalent BTC, ETH, LTC, BCH, DOGE, USDT Instant

What We Like

  • Excellent welcome bonus
  • Lots of crypto
  • Reasonable wagering
  • Instant payout

What We Don’t Like

  • Limited live streaming

1xBit

Crypto Bonus Wagering Requirements Minimum Deposit Accepted Crypto Payout Time
Welcome bonus up to 7 BTC 40x bonus 0.001 BTC TUSD, LINK, USDT, BUSD Instant

What We Like

  • Licenced by Curacao government
  • Versatile crypto portfolio
  • Amazing selection of sports
  • Instant payout

What We Don’t Like

  • Steep wagering requirements

BetUS

Crypto Bonus Wagering Requirements Minimum Deposit Accepted Crypto Payout Time
125% Sign-Up Bonus 30x bonus EUR 100 Equivalent BTC Instant

What We Like

  • Catered to US bettors
  • Excellent welcome bonus
  • Separate casino bonus too
  • Telephone support

What We Don’t Like

  • Very limited crypto library

Sportsbet.io

Crypto Bonus Wagering Requirements Minimum Deposit Accepted Crypto Payout Time
N/A N/A 0.0005 BTC BTC, ETH, USDT, TRON, LTC, XRP, ADA, DOGE, BNB Instant

What We Like

  • One of the best crypto sports betting sites
  • Amazingly optimised website
  • Unique promotions
  • Good selection of crypto methods

What We Don’t Like

  • No traditional welcome bonus

MBet.io

Crypto Bonus Wagering Requirements Minimum Deposit Accepted Crypto Payout Time
Risk-Free bet up to 5 mBTC 10x bonus EUR 20 Equivalent BTC, ETH, LTC, DOGE, DASH Instant

What We Like

  • Best for horse racing betting
  • Very competitive odds
  • Reasonable wagering
  • Instant payout

What We Don’t Like

  • Limited sports to choose from

How We Choose the Best Crypto Bookmakers

We’ve been suggesting you to choose crypto betting sites from our list. But how did we come up with this list? Well, here is a rundown of our ranking process for complete transparency.

  1. Licence

    As we already mentioned, a licence is the most important security element for an online betting site. Reputable licences from Curacao government are usually the go-to for veteran punters.

    Licence
  2. Variety of Betting Markets

    When you bet on a particular sport, the enjoyment factors depend on what type of bets you can pick from. That’s why the variety of betting markets is a very important criterion for our ranking.

    Variety of Betting Markets
  3. Bonuses & Offers

    If you can claim free money, why shouldn’t you? Bonuses and promotions at crypto betting sites are the closest you can go to free money. We only list the most user-friendly bonuses.

    Bonuses & Offers
  4. Payment Methods

    Crypto is currently the best payment method. But a good online betting site will also accept a wide selection of fiat currency methods. You can expect a nice balance in our recommended sites.

    Payment Methods

Best Crypto Betting Sites

Best Crypto Betting Sites
♻️ Best Crypto Betting Site for Cashback Sportsbet.io
⚡️ Best Crypto Betting Site for Instant Payouts 1xBit
🤑 Best Crypto Betting Site for Cash Out N1Bet
💰 Best Crypto Betting Site for Free Bets BetUS
🎯 Best Crypto Betting Site for Live Betting 1xBit
💡 Best Crypto Betting Site for Innovation CloudBet
👀 Best No Wagering Free Bets Crypto Betting Site 1xBit

Common Crypto Bookmaker Bonuses

Bonuses are unique to online betting. No land-based bookmaker will allow you to claim bonuses against your deposit. Here are some common examples of sports betting bonuses when betting with cryptocurrency.

  • Welcome Bonus: A welcome bonus is for new players when they sign up. In most cases, you’ll get a 100% match to your first deposit in crypto equivalent.
  • Free Bets: Free bets are fairly common in online sports betting. These are betting vouchers that allow you place bets on specific events without spending real money.
  • Accumulator Boost: Many bookmakers increase your winning potential as you include more selections to your accumulator bet. The only catch is that you must be right on all selections to enjoy the bonus boost.

Pros and Cons of Betting with Crypto

What We Like

  • Freedom to choose any currency
  • Instant deposits and withdrawals
  • Cumulative fees are usually lower than fiat methods
  • No restrictions based on location of the bettor
  • Transactions are secure, anonymous, and publicly available

What We Don’t Like

  • Setting up a crypto wallet can be tricky
  • Using incorrect wallet address can result in permanent loss of the assets

Crypto Live Betting

Live betting is one of the most fun aspects of online sports betting. It’s also known as in-play betting as you get to bet on outcomes when a match is “in play”. Live betting at crypto sports betting sites is no different from a regular live betting site.

You keep your eyes glued to the odds as they shift and you play quick bets. The main difference is that instead of winning in fiat money, you’ll win in cryptocurrencies. Many betting sites on our list also offer amazing live streaming features to help you keep track of the match.

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Edimar Chauran

Edimar Chauran

As a Pedagogy graduate, Edimar loves to research and write about various topics, especially those related to sports betting and casinos.

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Preguntas Frecuentes

  • Is it safe to place sports bets with crypto?

    As long as you can verify a licence and you know for a fact that online gambling isn’t illegal in your country, placing sports bets with crypto is completely safe.

  • Where can I bet with Bitcoin?

    We’ve shared a list of the best crypto betting sites in this post. Choose any of them and sign up.

  • What is the best crypto wallet for beginners?

    There are hundreds of options available on the internet when it comes to crypto wallets. But most beginners start with Metamask as you can add any blockchain manually.

  • Is crypto betting legal?

    Yes, crypto betting is legal as long as sports betting is legal in the jurisdiction.