What are Crypto Sports Betting?
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Crypto sports betting is gaining traction because it offers low transaction fees, processes transactions faster, and has a wide range of games to choose from. It also offers a lot of bonuses and other incentives to entice more players and high rollers.
If you want to learn about crypto betting, this article will help you. We’ve carefully collected the best sites for crypto betting so that you can start betting immediately and enjoy it without wasting your time.
How Do We Rate Online Crypto Betting Sites
We don’t just rate our online crypto-betting sites randomly, we rated them based on some features. Described below are the steps and factors we used to review our best crypto-betting sites.
Security & Licensing
The first factor we’ve considered in rating our crypto betting sites is their security and license. If you want to seize the benefits of crypto betting sites to the fullest, you should also factor in this feature.
Of course, you don’t want to deposit and bet and discover that your money is nowhere to be found when you want to withdraw it. Do, you? Apparently no. So, to avoid this, you have to bet on sites that are secured and licensed to operate in your country or location.
We’ve seen some sites that allow bettors to bet and when it’s time to cash out, they denied them their reward. Lucky for you, all our enlisted betting sites are secured and licensed. They’re known for refunding players’ money should they play a game from the restricted zone.
Website Design
To enjoy their gaming, players have to bet on a well-designed website. We mean the one that has a well-curated program that even a new player can easily spot their available services without any hassle.
We know what it means to bet on a poorly designed website and that’s why you’ll find perfectly designed websites on our list.
Customer Support
Having good customer support will not only help beginners who haven’t bet on crypto sites before. It’ll help existing ones, too, thus, increasing the site’s trustworthiness and customer satisfaction.
Yes, players can get stuck on online betting sites thus, the help of customer service will be needed. But you don’t have to fret as all our enlisted crypto sites offer excellent customer service. They respond to players’ inquiries immediately after they’re contacted.
Sports Accepted
Most Crypto betting sites offer similar sports while some offer exclusive sports. However, because crypto betting is gaining traction, it knows the best games that players crave to play.
Yes, sportsbooks don’t offer the same odds of competitiveness for gaming and depth of lines. When choosing your sports betting site, check if they’re legitimate and legalized to operate in your country. This will prevent you from heading into a fake crypto site that can steal your fund.
Bonuses & Promotions
Cryptocurrency betting sites just like traditional gambling sites offer bonuses and promotions to attract more players. If you’re reading this article because you want to make cryptocurrency betting, we say a big congratulations to you. Why?
Because all the available crypto betting sites in our list offer decent incentives. They can offer you as big as a 7 BTC welcome package and cash back. They can also offer you great VIP programs among other entertaining promotions that they offer.
Whether you’re new to sports betting, or a loyal bettor but like seizing the advantages of bonuses, you’ll find your choice of bonus here.
How to Start Betting?
In this section, we’re going to describe the steps on how to start betting.
Continue reading to learn more!
- Select A Sportsbook: The first thing you’ll do to start betting on crypto sites is to choose a trustworthy sportsbook that accepts your choice of cryptocurrency to bet.
- Register an Account: After securing a reliable betting site, the next is to set up your account and register with them. Then you’ll have to open an e-wallet to store crypto, as well as to transfer money to your bookmaker cryptocurrency.
You’ll also have to buy your choice of crypto from an exchange. We recommend buying your coins from Binance, Coinbase, Kraken, and OFX exchanges.
- Deposit: The last stage is to make a deposit. To do this, you’ll have to go to your crypto exchange or wallet to paste the address and send the fund.
Note that you must be patient during this stage as it may take up to 6 hours before the deposit can reflect. But should you not see it during this time; you can contact customer service for help.
- Enjoy Congratulations! The money has been deposited in your account now. You can use it to start betting and enjoy its features.
How to Make a Deposit with Cryptocurrency
Below, you’ll find the steps on how to deposit with cryptocurrencies.
Continue reading to learn more!
- Create an Account at The Site You’re Interested in Depositing at To deposit with cryptocurrency, you must first create an account on your choice of site and register with them.
- Choose the cryptocurrency you wish to use for your deposit: After creating an account on the site, the next is to choose your choice of cryptocurrency to deposit. From our experience, choosing the crypto that’s accepted by the site that you wish to gamble on is preferable.
This will save you from being charged by the gambling site for converting one cryptocurrency to another.
- Send your Crypto by either Logging in through your Online Crypto Wallet, or by Sending it to the Crypto Address Displayed on the Site:
Next is to send your crypto to the address displayed on the site. Before this time, you’ll have to buy the crypto from exchanges.
The most commonly used exchanges in crypto betting are Binance, Coinbase, Kraken, and OFX. After buying this, you can then deposit. You can do this by finding your deposit address – a public address that’s linked to your account.
This alphanumerical character is what the operator will use to know whether you’ve transferred any funds or not. Then you can deposit by going back to your crypto exchange or wallet to paste the address and send the fund.
- Wait for the transaction to be confirmed: This is the last stage of the process and can take up to 6 hours before confirmation, if not received immediately. However, should you not see it during this time; you can contact customer service.
Popular Sports at Crypto Sportsbooks
Here, we’re going to describe the most popular sports at crypto sportsbooks for you.
Continue reading!
- Football/Soccer: Football and Soccer are one of the most popular sports at crypto sportsbooks. They are played worldwide and include the World Cup, the European Championship, the English Premier League, La Liga, and so on.
- Basketball: This sport is probably the most popular in several North American countries. Other common sports in these countries are baseball and American football.
- Boxing: Boxing is another global game that gamblers like betting on. Because of this, cryptocurrency betting sites have now incorporated it into their gaming spaces.
- MMA: Mixed martial arts are undoubtedly one of the most loved online games that bettors love playing. This game other than being fun to players can also make them rake money if they’re lucky in their gambling.
- Tennis: This is another popular game offered by many cryptocurrency betting sites. Tennis, unlike most sports, doesn’t end in a draw, one player must win. Truthfully, one player must have the requisite number of sets before winning the game.
One of the best Tennis sports events is Roland Garros.
- Horse Racing: This is another virtual sport that gamblers can find on the crypto site and bet on.
- Global Sporting Events: Just like other popular sports, Global sporting events are offered by most gambling betting sites, and players can make fun of and enjoy their games there, too.
- eSports: These are one of the most viewed games globally attracting about 460 million viewers. They include video games where the most skilled players compete against each other on a worldwide stage.
According to experts, these games soon will probably feature in the Olympic Games.
Advantages of Cryptocurrency Betting
Using cryptocurrency to bet has a lot of benefits, listed below are a few of them:
- Fast transaction
- Anonymity/users’ financial privacy
- Low transaction fee
- Crypto sites offer a lot of bonus offers and promotions
- Players can play from any part of the world
Disadvantages of crypto betting
Listed below are the cons of using crypto betting:
- Once a transaction is completed, it cannot be reversed
- Lack of regulation on most betting sites
- Cryptocurrency is very volatile, thus, players’ rewards may lose value anytime
Conclusion
Above is a detailed article on Crypto betting. Betting with cryptocurrency is extremely popular among gamblers nowadays because it’s safe to use, fast, and offers a lot of bonuses. It also offers varieties of games that players can play, and accept different cryptocurrencies – bitcoin, Ethereum, bitcoin cash, Litecoin, and more, among other benefits.
Ready to learn about cryptocurrency betting, read this article to the end.
FAQ
Is Cryptocurrency Gambling Safe?
Yes, cryptocurrency gambling is safe to use. Most players prefer it to traditional gambling because it’s transparent and no one has the right to alter any transaction on it.
Can New Players Also Benefit From Crypto Betting Sites Bonus offer?
Yes, new players can benefit from cryptocurrency betting bonuses. Among the bonuses that sites can offer them are welcome bonuses, no deposit bonuses, and so on.
Is Cryptocurrency Gambling Legalized In All Countries?
No, it’s not legalized in all locations/countries. However, before betting it’s recommended to check if the site is authorized to operate in your country. This will save you from the risk of betting without being able to claim your money.
Can I Withdraw My Winning Instantly On a Crypto Betting Site?
Yes, you can withdraw your winning from some of the crypto betting sites instantly. Crypto sites are known for their quick transaction since no intermediary is involved. But should the transaction not confirm immediately, the site might be validating your account, and this may take days.