Best Bitcoin Sports Betting Sites in 2024
The sports betting scene is becoming more competitive each year, with sites vying for your attention. In 2024, with e-wallets and Bitcoin becoming more popular, the betting world has never been more competitive before. Bitcoin betting sites are now introducing more crypto-based bonuses and promotions to attract a larger range of bettors.
No matter if you want to bet big or just want to play around, Bitcoin sportsbooks are your way to go, as they guarantee a hassle-free experience. Bitcoin gambling sites offer quick and easy deposit and withdrawal processes and low transaction fees. Now, it’s easy to see why they are so popular, right?
But which betting sites to choose? MrBetting.co.uk is here to answer this question. We’ve listed some of the best Bitcoin betting sites on the market.
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The Best Crypto Betting Sites in 2024
After thoroughly exploring the betting world, we’re thrilled to announce that numerous betting sites have embraced Bitcoin for both deposits and withdrawals.
At MrBetting.co.uk, we’ve carefully selected the best sports betting sites that accept Bitcoin in 2024, each one distinguishing itself from the competition. These sites are definitely worth considering if you’re looking to use online bookmakers that support Bitcoin for your betting activities. Here’s a rundown of the best crypto sports betting sites to focus on:
- GoldenBet – Get Bonus up to £500
- Rolletto – Best for Casino games
- MyStake – Earn a 100% Matched Deposit Bonus on the Sportsbook
- MrSloty – £6000 Welcome Pack
- FreshBet – 155% Crypto Welcome Bonus up to 500€
- MagicWin – 400% up to £2000+ 139 free spins on ‘Phantom of the Opera
- BetNow – Up to 200% Welcome Bonus
- BetSwagger – Over 500 casino games + unique live casino!
- GGBet – 350% UP TO €100
- GodOdds – 100% UP TO £100
- LS Bet – Casino Bonus Up To €300
- CBet – Casino bonus up to €400
How does Bitcoin betting work?
Bitcoin betting allows players to use cryptocurrencies including Bitcoin, Ethereum, Bitcoin Cash and Litecoin instead of traditional currencies like US dollars. This is good for people who think cryptocurrencies will do well in the future because they can bet without changing their crypto investments into cash. Players deposit, bet, and withdraw their winnings all in Bitcoin.
Aside from the currency difference, Bitcoin betting works the same as traditional online betting with regular money. In fact, many top crypto betting sites offer both regular and crypto betting options at the same time. People who bet with crypto have the same choices and odds as people who bet with regular money. Online Crypto sports betting is valued for being private, fast, and having lower financial burdens.
How To Place A Bet Using Crypto?
Placing your first bet using crypto might be intimidating at first, but that’s why we are here to help you. The process is simple and easy so that even if you’re new to the online crypto betting world, you can place bets without worrying too much. Here’s a simple guide on how to bet os sites accepting crypto:
Choose a BTC Betting Site
You could do your own digging, but a quicker route is to pick from the top 11 cryptocurrency sports betting sites we’ve already reviewed. Rest assured, if a site makes our ‘best’ list, it’s because it’s been thoroughly vetted and deemed reliable.
Register
Signing up is usually a swift process. Most sites ask for just the basics – sometimes, just a username and password are all you need to get started.
Crypto Deposit Funds
Next, you’ll want to deposit your betting funds. If you’re using cryptocurrency, a trusted exchange like Binance is a solid choice. Be meticulous when transferring your crypto from your wallet to the betting site to avoid any mistakes.
Start Betting
Now comes the fun part. Dive into the site’s sports betting markets. Remember to gamble responsibly and only bet what you can afford to lose. It’s smart to set a budget and stick to a betting plan.
Withdraw Your Winnings
Hopefully, you’ll have some winnings to withdraw at this point. The process is satisfying and generally quick, especially if you’re using cryptocurrency.
A Betting Tip
If you bet £20 on a game with 1.50 odds, it wouldn’t be wise to then wager £60 on a 4.00 odds game. Manage your bets proportionally to their odds and potential returns.
Also, keep an eye out for in-play betting options. You might snag a great deal if the betting site slips up on pricing.
How MrBetting Rated The Best Bitcoin Betting Sites?
When we set out to find the best crypto sportsbooks, we looked at a whole bunch of factors, asking ourselves some pretty important questions to create the best sportsbook reviews:
✅ Welcome Bonuses
We’re talking about how awesome these betting bonuses are compared to others out there. And it’s not just about the size of the bonus but also how tough it is to actually get your hands on the full amount.
✅ Security
Super important, right? We checked if these sites are playing by the rules with proper licenses and regulations. Plus, we dug into what extra steps they take to keep your funds safe and sound.
✅ User Experience
This is all about whether the site’s a breeze to use. Can you find your way around easily? How’s their customer service? And hey, do they have a cool Bitcoin betting app to make betting on the go a snap?
✅ Sports Betting Options
Here, we’re looking for variety. Does the sportsbook cover a wide range of sports and events? What about different types of bets like pre-game, in-play betting, and those fancy bet builders? We always look for the betting site that offers different sports as this give you much more options.
✅ Best Odds
Many cryptocurrency betting sites claim to offer the best betting odds, but how can you tell if it’s really the truth? Well, we look for the online betting sites that really stand out with their competitive odds. MrBetting always makes sure to offer you one of the best crypto sites.
✅ Other Games
Some folks like a bit of variety, so we checked if these places also have slots and other casino games. And if they do, we wanted to know if they’ve got a good mix with all the popular games easy to find.
How To Choose the Best Bitcoin Betting Site in 2024?
When you’re on the lookout for the best BTC sportsbook, remember it’s not a one-size-fits-all scenario. The perfect site for someone else may not hit the mark for you, especially when you factor in where you live, your financial situation, and other personal considerations.
To get started with Bitcoin betting, first, take a step back and think about what you really need in a sportsbook. Everyone’s situation is different, so what works for you might be a non-starter for someone else. Consider the specific conditions or features that will make your betting experience both enjoyable and feasible, given your unique circumstances.
Here’s a little tip: jot down what’s important to you in a BTC sportsbook. Reflect on how each aspect applies to your life. Which one stands out as a deal-breaker or a must-have, and why?
Next, pick out your top three BTC betting sites based on these criteria and give them a try. This trial period is crucial. It helps you figure out which site feels right, which one offers the most fun, or where you see the best returns on your bets.
By experimenting with a few different sites before settling down, you’ll get a real feel for what each offers. The aim here is to find that sweet spot – a BTC sportsbook that suits your personal betting style and needs to a tee.
Here are our top tips when choosing a BTC betting site
Easy Deposits and Withdrawals
When we’re talking about Bitcoin betting, speed is a crucial part of the process. These platforms are all about rapid transactions. When betting online, you’ll also want fast deposits and withdrawals.
For deposits, the top names on the betting market usually need just one blockchain confirmation to credit your account. This typically takes about 10 minutes. Withdrawals? Even better. The best Bitcoin betting sites are known to approve cash-out requests almost instantly.
This swift process is a stark contrast to what you’d experience with traditional betting sites dealing in fiat currency. With traditional payment methods, withdrawals can take anywhere from 1 to 3 days to get the green light from the payments team.
Secure Payments
When you’re looking to top up your Bitcoin betting account, the process is secure and pretty straightforward, much like how you’d fund a crypto exchange account.
All you need to do is transfer Bitcoin to the wallet address provided by the sportsbook. Then, just hang tight for a bit while the provider confirms and credits the funds to your account. A big plus here is that you don’t have to share any personal or financial details with the Bitcoin betting sites. That’s why more people are starting to use Bitcoin for their betting needs; as with traditional sportsbooks, you’re often required to input your debit or credit card information to make deposits.
Generous Crypto Bonuses
One of the biggest draws of crypto betting sites is their hefty bonuses. We’ve noticed that the cream of the crop in Bitcoin betting offers some pretty sweet deals for both newbies and regular bettors. Take FreshBet – they’re rolling out the red carpet for new players with a 155% Crypto welcome bonus up to 500€. That’s a great way to kick-start your betting journey and explore new opportunities.
Low Banking Fees
Here’s where it gets even better. The top Bitcoin betting sites let you deposit and withdraw your funds without any extra charges from their side. The only fee you’ll need to consider is the small one charged by the Bitcoin network itself. And guess what? This fee often doesn’t even cross the £1 mark, regardless of the transaction size.
Reasonable Limits for Deposits and Withdrawals
In our search for the best Bitcoin betting sites, we noticed that these platforms are pretty fair when it comes to deposit and withdrawal limits. You can usually start betting with a minimum deposit of just about £5-10. As for cashing out, the best sites out there don’t put any cap on how much you can withdraw – a huge plus for high rollers.
Huge Range Of Betting Markets
Last but not least, a great crypto betting site isn’t just about the financials; it’s also about the variety of betting markets they offer. The more options you have, the better your betting experience is likely to be.
So, in a nutshell, betting with Bitcoin opens the door to generous bonuses, low fees, player-friendly limits, and a wide array of betting markets. It’s a whole new world of betting that’s just waiting to be explored.
No Location Restrictions
When you’re stepping into BTC betting, the first thing to figure out is whether you can actually use Bitcoin for sports betting in your corner of the world.
For punters in the UK, EU, or other countries where MyStake is allowed to operate, that site might be a better fit. Each betting site that accepts Bitcoin, like MyStake, is set up for specific regions, so they work best for bettors in those areas.
The bottom line? Always check if the Bitcoin betting site you’re eyeing is cool to use in your country. Once you’ve got that sorted, you’re all good to go and have some fun betting!
➕ / ➖ Pros and Cons Of Using Bitcoin Betting Sites
In this era of digital evolution, the realm of sports betting is also transitioning to the virtual world.
The world of online Bitcoin sports betting is expanding, offering a richer experience compared to conventional online sportsbooks. However, it’s not without its challenges. Let’s delve into the full spectrum of these aspects.
Pros Of Bitcoin Sports Betting Platforms
These platforms are revolutionizing betting with crypto-driven benefits: enhanced financial discretion, minimal fees, quicker transactions, and the possibility of maintaining anonymity. Let’s explore these advantages in detail.
➕ Financial Discretion
Top-tier Bitcoin sports betting platforms like GoldenBet and MyStake elevate privacy to new heights with cryptocurrency transactions. This level of privacy can even extend to anonymity with the right approach.
Many crypto-betting sites provide this privacy exclusively when you use Bitcoin and other cryptocurrencies for both deposits and withdrawals.
This level of discretion shields your betting activities from external entities like banks, credit agencies, and perhaps your significant other. This means you can engage in Bitcoin betting without unwanted prying eyes.
In essence, privacy in Bitcoin betting equates to financial liberation. It’s the freedom to manage your earnings as you see fit, remembering that it’s indeed your own money.
➕ Reduced Fees
Traditional sportsbooks often impose hefty charges, including credit card fees and costs for deposits and withdrawals.
Bitcoin sports betting sites have a distinct edge in this area. The use of Bitcoin and other cryptocurrencies significantly cuts down on expenses and time.
➕ Bet From Any Corner of the World
You know how it is with traditional gambling – loads of rules and red tape. Regular sportsbooks have to jump through hoops with licenses, taxes, and a whole lot of reporting to different countries. If they mess up and take bets from a country where they’re not supposed to, it’s big trouble – like, potentially going out of business kind of trouble.
But here’s where crypto betting sites play their ace card. Since they deal in cryptocurrencies, they’re not tied down by all these location-based restrictions. Bitcoin Betting sites let people from all over the globe place their bets.
Just a heads up, though – depending on where you are, you might need to use a VPN to hop onto their site and get your Bitcoin betting game on. And a word of caution: some sites might let you deposit but then hold back on withdrawals if they find out you’re from a no-go zone. So, always read the fine print before you put your Bitcoin on the line.
➕ Bonuses That Make You Go ‘Wow!’
Let’s talk about the fun stuff – bonuses! Bitcoin betting websites are like the Santa Claus of the betting world, dishing out bigger and better bonuses than your typical online betting places. Why? Well, it all comes down to the magic of cryptocurrencies, saving them a ton of money on fees.
So, what do they do with all the cash they save? They give it back to us, the bettors, in the form of awesome bonuses, promotions, and other cool perks. It’s a win-win. Betting with Bitcoin isn’t just trendy; it’s a bonus bonanza!
Cons Of Bitcoin Betting Sites
Of course, it’s not all roses when it comes to Bitcoin gambling. Here are some of the cons that might make your betting experience a bit unpleasant.
Why Bitcoin Sportsbooks Might Not Be Everyone’s Cup of Tea
Sure, betting with Bitcoin sportsbooks has its perks, but it’s not all sunshine and rainbows. Here’s the other side of the coin:
➖ Possible Scams
Crypto betting sites can sometimes be a wild west of scams and shady deals. If you get caught in one, waving goodbye to your money is a real risk. Doing your homework is key here. Stick to sites with good reputations and solid reviews to dodge these bullets. You can always rely on MrBetting to present you with the top Bitcoin gambling sites on the betting market.
➖ Lack of Regulation
The crypto betting industry is kind of like a new frontier town with not enough sheriffs around. This means less regulation, which can be a headache if you run into disputes or issues. Your best bet is to go with platforms that are operating under some solid jurisdictions where rules are clear and enforced.
➖ No ‘Undo’ Button on Transactions
In the crypto world, once you hit ‘send,’ there’s no turning back. Mess up your transaction? Well, it’s like dropping your phone in the ocean — you’re not getting it back. Double, no, triple-check those transaction details to avoid a facepalm moment.
➖ Crypto Knowledge Required
Jumping into crypto betting without knowing your stuff is like trying to fly a plane with no pilot training. You need to get a grip on the basics — digital wallets, private keys, how transactions work, the whole shebang. If crypto’s new to you, set aside some time for a bit of self-education before diving in.
➖ Bitcoin’s Volatility
Everyone knows Bitcoin for its wild price swings.
Imagine you place a bet with £10,000 in Bitcoin and win an extra £2,000. Normally, you’d be doing a victory dance, right? But here’s the catch: if Bitcoin’s value takes a nosedive and suddenly your total withdrawal is only worth £5,000, that victory dance turns into more of a shrug.
It’s a risk that’s just part of the game in the Bitcoin world. You can’t dodge it as things stand today.
Is Bitcoin Betting Legal?
The world of crypto betting is a complex one, especially when we talk about its legality. Let’s take the USA as an example. Sports betting over there had its shackles removed only in 2018. Fast forward to 2022, and it’s ballooned into a massive $125 billion industry, with all signs pointing to even more growth on the horizon.
In the UK, it’s a whole different ball game. Betting is totally legal, but it’s not a free-for-all. Bookmakers have to play by a strict set of rules to get their license, and they’ve got to be really careful about how they advertise.
Now, when you throw cryptocurrencies like Bitcoin and Ethereum, or Bitcoin Cash into the mix, things get a bit more complicated. Currencies like Bitcoin are kind of in a league of their own, sitting somewhat outside the traditional gambling laws.
A lot of this comes down to how cryptocurrencies are defined. Since they’re not typically recognized as legal tender by most governments, they don’t usually fall under the same rules as online gambling. This means that a crypto sportsbook often has a bit more freedom, accepting players from many countries, as long as they’re not dealing in traditional fiat money.
But here’s a heads-up: if you’re thinking about jumping into the world of online gambling with cryptocurrencies, it’s really important to do your homework first. Check out the legal status of such activities where you live. It’s all about making sure you’re on the right side of the law.
What Sports Do the Best Crypto Gambling Sites Offer?
The world of crypto betting isn’t just limited to sports – many of the leading sports betting sites that accept crypto also feature a range of casino games. So, alongside placing your sports bets, you can enjoy crypto casinos, a spin at the roulette wheel, try your hand at video poker, or challenge yourself with games like baccarat and blackjack. That’s why the leading BTC betting sites also offer casino games. So, giving Bitcoin casino site a try is a good idea.
But let’s focus on the sports betting aspect, which is probably what you’re here for. Usually Bitcoin sportsbook offer all sporting events you might be interested in.If you’re interested in in-play betting, crypto sports betting sites offer the best sports to bet on. Here’s a quick rundown of some of the most popular sports you can bet on and the types of bets that are usually available on a crypto sportsbook:
✔️ Football
Football is the king of betting on sports. Look forward to betting on the number of cards, which player will score next, and team goal markets.
✔️ Basketball
Here you can place bets on player performance like steals, points, rebounds, and also on half and quarter results.
✔️ Tennis
Sport betting with crypto on tennis is also a great way to spend your money. Bet on the moneyline, the number of games in a set, or the number of points in a game.
✔️ Horse Racing
Traditional bets like win, place, or show are popular.
✔️ Boxing / MMA
Wager on the method of victory, whether the fight will end within the distance, and round-specific betting.
✔️ eSports
Bets can include total kills, over/under on maps, and picking the tournament winner. Virtual sports are becoming more and more popular, so you should definitely give it a try.
✔️ Cricket
Online sports betting on cricket include runs per innings, the number of wickets taken by a bowler, and runs scored by a batter.
✔️ Golf
Bet on who will lead in a specific round, the outright winner, or head-to-head matchups.
✔️ Snooker
Here you can bet on the number of century breaks, frame handicaps, and point handicaps within frames.
Wrapping It Up
Bitcoin wagering sites are revolutionizing the online gaming landscape with their unparalleled advantages, such as augmented privacy, cost-efficiency, and swift transactions. The top crypto sports betting sites present an attractive proposition for those seeking to enrich their online wagering pursuits.
So, don’t hesitate to give BTC sports betting a chance with the best sports betting sites 2024. You’ll be in for a ride, we promise. With our list of the best crypto sites on the sports market the fun is guaranteed. Sports betting websites like Fresh Bet and BetSwagger offer variety of sports to choose from. So, why not give one of the best BItcoin betting sites in the sports betting industry a try?
FAQ
Is It Legal to Place Sports Bets With Bitcoin?
Yes, placing sports bets with Bitcoin is legal in some areas, but it’s important to note that many Bitcoin sports betting sites fall into a legal grey area in several countries due to varying regulations. Always check your local laws before participating.
What is the Best Bitcoin Sports Betting Site?
MyStake is considered one of the top sports betting sites for using cryptocurrencies like Bitcoin and Ethereum, known for not requiring a KYC program and offering an attractive welcome package for new players.
How To Bet on Sports With Bitcoin?
To bet on sports with Bitcoin, purchase Bitcoin from a trustworthy exchange, sign up at a Bitcoin sportsbook, deposit your Bitcoin, then explore and place your bets while managing your bankroll responsibly.
What Sports Can I Bet on With Bitcoin?
With Bitcoin, you can bet on a variety of sports including football, cricket, basketball, golf, MMA, and boxing at some of the best Bitcoin betting sites.
