Best Crypto Betting Sites

The online gambling industry has always been eager to adopt new technologies that can spearhead its development. And speaking of new technologies in gambling, there is one that arguably outclasses the rest. That is blockchain technology and cryptocurrencies.

They are an innovative financial tool that greatly reduces transaction friction between bettors and bookmakers. Crypto-friendly brands let you deposit and withdraw funds in the form of cryptos, and the best crypto betting sites offer a wide array of extra benefits.

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Why go for the Best crypto betting sites in 2023

A common question is why should someone skip his well-known brands and embark on smaller & less known crypto betting sites. After all, traditional banking methods such as e-wallets and debit cards or instant banking allow free instantaneous deposits and same-day withdrawals.

Well, crypto gambling sites push the limits even further, enabling instantaneous withdrawals with increased identity protection, among other benefits. That is why we regularly scan the market and bring forth the best crypto betting sites that offer the most valuable bonuses, high odds and lightning-fast transactions.

Bookmaker
Rating
Crypto Coins
Highlights
% Percentage
Amount
#1
white-star
4.3/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
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100+ Coins
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In-game DeFi Tools
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Up To 200+ Live Markets Per Event
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10+ Blockchain Networks
120% Bonus Up To$20,000
#2
4.1/5
star star star star star
Freebet
Bitcoin logo
Ethereum logo
USDT logo
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14+ Coins
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Over 50 Sports
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Up To 97%+ Odds
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Changelly & Moonpay
100% Bonus Up To€100
#3
4.2/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
Litecoin logo
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Over 12 Coins
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Up To 97%+ Odds
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Over 1,000 Daily Live Events
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Alternative Networks
100% Bonus Up To$500
#4
4.1/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
Litecoin logo
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Over 12 Coins
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Up To 97%+ Odds
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Over 500 Daily Live Events
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Low Fee Networks
100% Bonus Up To$500

Why Do Crypto Bookmakers Have Better Offers & Odds

Aside from lightning-fast transaction speeds and close to zero payment fees, cryptocurrencies hold another ace up their sleeve. It mainly concerns the operational side of things, but the benefits also trickle down to the playerbase.

In essence, due to the technical nature of cryptocurrencies, players can not initiate chargeback requests or disputes. When a transaction settles in the blockchain, there is no central authority to review a potential case and reverse it. In online gambling, the wide majority of such cases & requests are exploits done to get back funds already lost in wagers. These processes would require time and resources from the bookie’s payments team, which now can be directed elsewhere.

The second advantage is that, apart from the network fee, there are no third party costs. Sportsbooks absorb plenty of fees, so players can deposit & withdraw free of charge. Meanwhile, network fees found in most cryptocurrencies are just a fraction of costs related to debit cards, bank transfers and e-wallets.

As you can see from the two cases above, new Bitcoin sportsbooks save quite a few dollars from the utilization of cryptocurrencies. Thus, they can easily offer high odds to attract more players. Quite often, bookies provide generous crypto exclusive promotions to incentivise the use of crypto deposits.

Jackbit Logo
Sportsbook
Jackbit
4.1/5
star star star star star
ODDS
94.07%
check-icon
14+ Coins
check-icon
Over 50 Sports
check-icon
Up to 97%+ Odds
check-icon
Changelly & Moonpay
Asian View Asian View
Cash out Full Cash out Full
Edit Bet Edit Bet
100% Bonus Up To €100

Crypto bookmakers - Which are their key perks

As you can see above, cryptocurrencies provide flexible payments and allow bookmakers to field higher odds and valuable promotions. But this is just the tip of the iceberg. Their innate technical characteristics bring forth several other advantages.

1
High level of Privacy
Transactions done in a blockchain network do not require any form of identity verification. The network is objective & impartial, pretty much like the internet itself. Most crypto wallets are completely anonymous, so your bank or any other authority will never know when you transfer funds to a sportsbook.

The only weak link for complete privacy is an eventual KYC review by the website. Nonetheless, crypto betting sites are commonly more discrete than their conventional counterparts. Your privacy will be safeguarded effectively since you will not have to share any sensitive card or bank account details.
2
Pseudonymity & Transparency
Transparency might sound like the complete opposite of privacy, but it really is not. Nearly all blockchain networks are publicly accessible. And every single transaction gets irrevocably embedded within them. If you know a crypto address, you can see all funds it has sent or received, the time & date, and the current balance. That does not sound very privacy-friendly, right? However, here is the catch.

Every crypto wallet has its own unique address. But it consists only of letters and numbers. There are no personal details in it. So, if you do not reveal your address to anybody, nobody will know it is you behind that address. This is the so-called ‘pseudonymity’. Moreover, transaction disputes with crypto sports betting sites will be quite easy to solve due to this transparency since all data will be on the publicly available blockchain. Shady operators will be filtered out quickly.
3
No Geographical Limitations
If you have a crypto wallet and access to an internet connection, then you are good to go. Cryptocurrencies are not affected by geographical restrictions that conventional banking options face. Distance and borders do not matter at all. You can transfer funds all over the world. So, bettors that live in countries with restrictive gambling regulations can easily opt for international crypto bookmakers. Sometimes a VPN can come in handy too.
Bookmaker
Rating
Min odds
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
4.3/5
star star star star star
Deposit Bonus
-
$30
special-rules
Special Rules
Exclusive Offer
NO CODE
120% Bonus Up To$20,000
#2
4.1/5
star star star star star
Freebet
1.30/selection (trebles)
€20
special-rules
Special Rules
NO CODE
100% Bonus Up To€100
#3
4.2/5
star star star star star
Deposit Bonus
1.40/selection
$20
x10 in Doubles
NO CODE
100% Bonus Up To$500
#4
4.1/5
star star star star star
Deposit Bonus
1.4/selection
$20
x10 in Trebles
NO CODE
100% Bonus Up To$500

Crypto betting sites - What to keep in mind

Cryptocurrencies might as well be one of the most innovative financial tools currently available, but as an asset class, they are still in their infancy. This affects crypto sports betting too. Regulatory clarity for cryptocurrency transactions and investments has not yet been achieved, and certain gambling jurisdictions do not recognize these digital coins as a legitimate payment option.

Furthermore, crypto transactions do not forgive any mistake, and their technical complexity requires users to inform themselves of new technological and financial developments consistently. Let’s dive a little deeper into these arguments.

Unstable Legal Framework

Just a few years ago, the crypto landscape was like the Wild West. Everyone could do whatever he pleased, as there were no regulations around. Only just recently, with the huge influx of billions into the crypto ecosystem, did governments, central banks and international institutions get alarmed. As of now, crypto regulations differ in each country, and most of them do not have a solid framework. The future is yet unknown, so keep that in mind before investing in a crypto gambling bankroll.

Technical Complexity

The crypto space is full of buzzwords and technical jargon. Staking, liquidity pools, Dex, Cex, dApp, yield farming and so on. And every day, something new appears. Of course, all this is not needed to simply deposit & withdraw cryptocurrencies from crypto betting sites, but it is recommended to follow the scene closely. Moreover, the independent nature of crypto transactions means increased responsibility from the user’s side.

A single mistype of an address may result in complete loss of funds, and nobody will be able to help you recover them. Exchanges & wallets have limited support capabilities, and many opportunists are ready to take advantage of unsuspecting newbies. Not everybody likes this side of cryptocurrencies, so it is up to you if you are willing to take the risk.

Offshore Licenses & Reliability

A special mention needs to be made for offshore licenses. Crypto-friendly bookies, and Bitcoin gambling in general, have been associated with unreliable licensing authorities, or even an independent status. But why is that? More often than not, new bookies opt for such licenses as they cost less and hold fewer requirements. Of course, this leaves more room for scams, but that does not mean that all offshore sportsbooks are potential frauds. Some brands simply prefer relaxed restrictions and do not wish to compete in overregulated markets.

For crypto betting sites specifically, sometimes an offshore license is the only solution since some major European regulators categorize cryptos as risky banking options. It also suits them better due to the international and anonymous nature of crypto transactions. Several bookmakers even opt for no license at all to completely avoid any kind of restriction. Nevertheless, this translates to less protection for bettors. You will have to make diligent research before any deposit and play conservatively. Check our recommendations and read other online gambling forums to get the whole picture.

BC.Game Logo
Sportsbook
BC.Game
4.3/5
star star star star star
check-icon
100+ coins
check-icon
In-game DeFi tools
check-icon
Up to 200+ live markets per event
check-icon
10+ Blockchain Networks
Cash out Full Cash out Full
Exclusive Offer
120% Bonus Up To $20,000

Which are the common crypto sports betting coins

Now that you are up to date with the key attributes and shortcomings of crypto transactions and their relationship to crypto bookmakers, let’s see the most popular cryptocurrencies used for online gambling. Keep in mind that websites often add or remove cryptos, depending on a combination of their popularity, network fees and overall performance. Also, due to their volatile market price, minimum deposit & withdrawal amounts may vary greatly in just a span of a few weeks.

We have researched in-depth each and every coin that can be commonly found on crypto sports betting sites. We recommend you check out all of them, as it is necessary to have a good underlying knowledge of all coins before proceeding to any crypto transaction.

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Bitcoin betting sites
The original cryptocurrency was also the first one used in crypto gambling transactions. Every bookie out there accepts BTC, as it is still one of the most widely used coins despite the emergence of new ones.
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Ethereum betting sites
Ethereum is the second most popular blockchain and the first that allowed the development of smart contracts, elevating cryptos to a whole new level. However, despite its reliability, high transaction fees limit its potential for crypto gambling.
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Litecoin betting sites
One of the oldest and most reliable cryptocurrencies all around. An excellent combination of safety, transaction speed and low fees make it an ideal candidate for crypto-savvy bettors.
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Bitcoin Cash betting sites
BCH is Bitcoin’s little cousin. It was forked in 2017 from Bitcoin’s blockchain, albeit with changes that made transactions with it faster & cheaper. Crypto bookies were eager to adopt it, and now the wide majority supports it.
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XRP betting sites
When it comes to gambling transactions, speed is high in the hierarchy of positive attributes. And when talking about blockchain network speed, XRP is among the top ones. The close-to-zero fees are the cherry on top. Ideal for your live-betting action.
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XLM betting sites
Stellar Lumens has many things in common with XRP, both in their background history and in their on-chain performance. If you yearn for quick and cheap top-ups & withdrawals, seek an XLM bookmaker.
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USDT betting sites
The first and most popular stablecoin. Stable, because in contrast with most other cryptos, its price is always fixed on the US dollar. An essential tool for risk-averse crypto bettors that like handling a more-streamlined bankroll.
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Tron betting sites
The Tron network supports a great number of decentralized gambling apps. It also serves as a layer for USDT & USDC transfers. Its native token, TRX, is characterized by lighting-fast speeds and negligible fees. That’s why it can be found in most crypto sportsbooks.
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Cardano betting sites
The Cardano network is a promising project, and ADA serves as its ecosystem’s native coin. And while it can not claim the first spot for speed or fee costs, it still remains a solid pick for bettors around the world.
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EOS betting sites
EOS is another project that supports a variety of decentralized gambling websites. While it’s not near as popular as its peak in 2018, it is a viable choice as its coin’s transfers are extremely fast and budget-friendly.
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Dogecoin betting sites
Another old-school coin with quite a story behind it. Between its meme origins, an impressive roller-coaster price action and shenanigans which involved celebrities like Elon Musk and Snoop Dog, Dogecoin is still accepted by most crypto-friendly bookmakers.
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Monero betting sites
The heavy-hitter when it comes to absolute privacy in transactions. The technology behind it allows to fully encrypt fund transfers, in such a way that both the sender and the recipient to remain anonymous. Quite useful for keeping a low profile.
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Zcash betting sites
Zcash is the second in line for under-the-radar gambling. In contrast to Monero, its privacy characteristics are optional, as it is powered by a different technology. While not as popular, there are still quite a few ZEC bookmakers around.
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Dash betting sites
Dash is a well-known cryptocurrency that focuses on efficient payments. What’s more, you can also set fund transfers to be either instantaneous or non-traceble. Two useful traits for avid bettors.
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Solana betting sites
Many would call investing in an SOL bankroll a bet by itself, but there is much more to it. The Solana network can handle thousands more transactions per second than its main competitors at a fraction of the cost. Moreover, its booming ecosystem make definitely makes it worth trying out.

Ultimately, there is no ideal cryptocurrency. It always comes down to your personal preference and how much crypto-savvy you are. And there is no need to limit yourself to just one coin, as you also do not have to rely solely on a single crypto betting site. Furthermore, apart from the financial side of things, you need to consider the betting & gameplay aspects of the sportsbooks. That is why we will go over the most important points you need to inspect beforehand.

BC.Game Logo
Sportsbook
BC.Game
4.3/5
star star star star star
ODDS
93.56%
check-icon
100+ coins
check-icon
In-game DeFi tools
check-icon
Up to 200+ live markets per event
check-icon
10+ Blockchain Networks
Cash out Full Cash out Full
Exclusive Offer
120% Bonus Up To $20,000

What is the future of crypto betting sites

Beyond any doubt, crypto gambling sites will keep adding new cryptocurrencies, and remove those that fall from grace. The crypto space evolves rapidly, and many coins that were extremely popular a few years ago are now almost forgotten. But there is an important subject that needs to be mentioned here. And that is decentralized crypto sportsbooks.

Certain projects like Ethereum, Solana, Tron and EOS allow for the development of applications within their own blockchain network. And since their blockchain is decentralized, so will those applications be, if built correctly. The good news is that much like transactions, the code of these applications (called smart contracts in crypto slang) is transparent too. So everybody can potentially review it and spot scams.

But what does this have to do with online betting? Quite a lot, actually. There now exist decentralized betting applications that allow players to create their own sports markets, and accept or place bets. All this is programmed so that it is impossible not to pay out any winnings or deny bets. Essentially they remove a central operator behind the sportsbook, drastically lowering the margin.

Of course, these decentralized crypto betting sites are still in a very early stage. But there are many in development, so in the following years, this trend may grow larger, and absorb a large part of crypto-savvy bettors. We do not recommend trying them out unless you are extremely well informed on this topic, and spent a lot of time on Discord or Telegram of such apps.

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Should I turn to crypto for sports betting

In short, crypto betting sites pose an exciting alternative for bettors that seek ways to maintain a lower profile, gain access to more efficient transactions in both speed & fees and place bets in a wide selection of international bookmakers. While most crypto sports betting sites lack certain aspects compared to large established conventional bookies, they spot unique characteristics essential to every avid bettor who wants to be ahead of the curve. We wholeheartedly believe that you should convert a part of your betting bankroll into cryptocurrencies to find out their true potential.

Mystake Logo
Sportsbook
Mystake
4.2/5
star star star star star
ODDS
94.47%
check-icon
Over 12 Coins
check-icon
Up to 97%+ Odds
check-icon
Over 1,000 Daily Live Events
check-icon
Alternative Networks
Asian View Asian View
Bet Builder Bet Builder
Cash out Full Cash out Full
100% Bonus Up To $500
FAQs

You certainly can, but you should absolutely avoid it. Exchanges commonly flag addresses of crypto bookmakers as they may pose risks due to Anti Money Laundering regulations that are still not yet well defined for crypto transactions. Always use your personal wallet in-between.

No, it is generally not allowed except in particular cases since coin mixing can be considered a form of money laundering. Crypto betting sites are especially aware of it. Consider it the same as conventional sportsbooks, where you can not deposit via Skrill and withdraw via debit card.

Yes, most of them are fully legal and even hold gambling licenses, even if they commonly are offshore ones. The legality mainly depends on your country of residence and its jurisdiction, so make sure to check any local laws on crypto transactions and online gambling.

If your priorities are anonymity and speedy transactions, then cryptocurrencies are undoubtedly the best financial tool for you.

First, you need to understand how crypto transactions work by reading relevant material. Obtain a personal crypto wallet, start an account in a popular crypto exchange, and do some test transitions. Then, read our extensive articles on crypto gambling and our bitcoin gambling guides. You should have a pretty clear understanding of how crypto betting works by then.

Yes, bitcoin sportsbooks generally offer some of the most competitive odds around. This is mainly because crypto payments cost way less for operators than traditional banking methods, so they can easily lower their margin.

Some key aspects include, but are not limited to: Easy registration process, high odds, exclusive crypto bonuses & promotions, a wide variety of cryptocurrencies, crypto-only account wallets and instantaneous withdrawals for amounts below a certain threshold.

The sports markets are pretty much the same as in traditional online sportsbooks. As for markets in their geographical sense, crypto sports betting allows you to join multiple international bookies, and so circumvent possible restrictions that are in place in your country of residence. A VPN might help a lot with this.