Bitcoin Sports
Bitcoin and other cryptocurrencies have become very popular within the last few years. This is a result of growing usage, adoption and price movements. At the moment, we can count more than a thousand various cryptocurrencies, including Litecoin, Ethereum, Ripple, NEO, EOS and many more. They differ by technology, speed, acceptance, etc. To this day, we have seen hundreds of methods where and how cryptos can be used. But one of the ways to use cryptocurrencies, including Bitcoin – sports betting. We could talk about crypto sphere a lot, however, SmashingTip team examined a few top Bitcoin sportsbooks this time. Well, SmashingTip is about sports and gambling after all. And here they are.
Best Bitcoin Sportsbooks
All these crypto bookmakers are trusted and well rated by the gambling community. SmashingTip did not put them in this list if their reputation is questionable. To be honest, our team spends hours and days reviewing and checking bookies before they can appear on our site.
- The world's first bitcoin exchange traded fund is off to a hot start. The Purpose Investments bitcoin ETF now has more than $590 million in assets under management after launching just one week ago.
- Although it’s rare, there are sportsbooks that will allow crypto sports betting, which means you can do Bitcoin betting instead of exchanging the funds each time. It’s completely up to you but that option exists with a company like Nitrogen Sports.
- 1xBit accepts over 20 cryptocurrencies, including the most popular coins like Bitcoin, Bitcoin Cash, Ethereum, and Ripple. Keep in mind that the casino allows only cryptocurrencies both for deposits and withdrawals for your Bitcoin sports gambling.
- Sports gamblers traditionally used cash to make wagers, and now you can even use Bitcoin to bet on sports. Learn more here.
Bitcoin Sports Betting. Bitcoin was first established in 2009, and since then it has grown to be the most well-known cryptocurrencies in the world. It was the first, and it grew to be the highest valued one in 2017 when it reached a price of nearly $20,000. Since then it has dropped to a much lower value, but this is still much higher than most.
Also, all of them are fully licensed in at least one of jurisdictions. It ensures that crypto bookie follows rules and regulations of the country it is licensed at. We always recommend going after approved sportsbooks. It will save you a lot of time and money in the end.
Furthermore, these crypto sports betting sites are easy to use, works on mobile flawlessly, and offers a large number of sports events – football, basketball, MMA, tennis, you name it. Do not forget to check SmashingTip sports predictions prepared by our professional team. It may help you to take a final decision.
The best part – all of them give the new players generous welcome bonuses. Just make a deposit and enjoy the juicy addition to your deposit. It gives you an extra chance to bet on more events. Additionally, it allows increasing your total account balance as well as bring a bankroll and its management one step forward. Nevertheless, please read the terms and conditions of wagering carefully.
Is Bitcoin Sports Betting Safe?
Yes, of course, it is. It hardly differs from the traditional betting which we are used to. However, it’s crucial to mention that due to high cryptocurrency price fluctuation your winnings or losses may be bigger or vice versa. On the other hand, if the user calculates his balance in cryptos, no further considerations should cross the road. Also, remember that some of Bitcoin sportsbooks instantly converts and shows the balance in FIAT currency together with the balance in crypto. That’s super convenient and does not oblige to make continuously currency conversions.
Also, as we have mentioned before, most of the Bitcoin bookies are fully licensed by corresponding authorities. Furthermore, sportsbooks have SSL certificates which assure safe and reliable data transferring. This is a must feature.
How To Use Bitcoin For Sports Betting?
This is really simple! First of all, register at one of Bitcoin bookmakers. You can use the one from our list. SmashingTip team already checked them, so be sure – they are good! Secondly, make a deposit using one of the cryptocurrencies. We mainly recommend Bitcoin. However, you can use other cryptos, but that depends on what cryptos bookie accepts. The whole process of registration is not complicated. We could say it is even much simpler than on any other sports bookie.
Secondly, you need to acquire a fraction of Bitcoin or other cryptos which is going to be stored in e-wallet. It may sound confusing in the first place, but trust us, it is not. Of course, make sure to find trusted and reliable cryptocurrency exchange.
The next step – fund your account. Again, this is simple as two plus two, and hardly will make you struggle. Just follow the instructions and you will be totally fine. We have tested it and can approve that it barely differs from any other deposit method.
Ultimately, start your sports betting journey. The process is the same as going with the traditional bookmaker. Everything works the same, so you do not have to worry about how Bitcoin betting works.
What Else Should I Know About Bitcoin Betting Sites?
All crypto bookmakers have their sites fully responsive and optimized to work on any device. It doesn’t matter what the user handles – smartphone, tablet or desktop; iOS or Android – it will work. It is very convenient to track and make winning bets wherever the gambler is and go.
Moreover, these bookies are much more liberal. It means they can accept the players from the countries where gambling is restricted or have some particular limitations. However, we would like to remind that going against the laws is not what we endorse. Just check your local laws before opening an account.
Many gamblers seek for the best odds and lower fees. That’s the place where crypto bookies get great score. Due to the origin of cryptocurrencies, it allows bookies saving tons of money. As a result, that lets to provide bettors with great odds and much lower fees. Is it not great?
To add more, deposits and withdrawals usually are free, and in most cases take less time if compared to other payment methods. Hence it’s much faster. Who wouldn’t love fast sportsbook?
Lastly, crypto gambling provides users with anonymity. The thing which we lack now. The only details crypto sportsbook has is your email, password and crypto transaction number. No more sportsbook name on the bank or card statement, no more personal details given away to shady providers.
Final Word
All in all, crypto sports betting opens much more new opportunities. Especially, for the gamblers who want more. By saying more, we mean a much better supply of sports bets, bigger bonuses, friendlier rules, and finally the feel of innovation. Bitcoin sportsbooks are good and beneficial to the player!
On the other side, we would love to repeat ourselves, stays risks of huge price movements. The gambler must follow cryptocurrency news and markets to catch the right moment to buy or sell cryptos. Otherwise, it can end in even bigger losses. Or as optimists would say – even bigger gains. It depends on your view, and of course, skills.
Also, it gets not the most friendly view of institutions. But it may change pretty soon though. Some countries are more strict on cryptocurrencies rather than gambling. Accordingly, it’s necessary to understand and know your local regulations.
Bitcoin sportsbooks make it easier than ever to place wagers on major sporting events. Bitcoin sports betting allows players to wager on the results of various sports events like tennis, boxing, soccer, baseball, basketball, cricket, motor sports, rugby and many more. The BTC sportsbooks listed below have all been thoroughly tested by GamblingBitcoin.com. The following are the best Bitcoin sportsbooks we’ve come across yet!
TOP 5 BITCOIN SPORTSBOOKS
1.Cloudbet sports
A complete Bitcoin sportsbook that allows players to parlay up to 7 selections! There are a wide selection of leagues to bet on and supports live In-Play betting. The minimum bet is 0.1 mBTC while a colossal maximum bet of 30 BTC is available for NBA, NHL and soccer bettors. Cloudbet offers a generous 100% first deposit bonus up to 5 BTC to their members and also rewards players with loyalty points for each bet you place. The odds are some of the best you can find online. The odds are extremely competitive when compared to most other Bitcoin sportsbooks. Full Cloudbet sportsbook review
Bitcoin Sports Betting
2.Sportsbet
A straight forward Bitcoin sportsbook that comes fully loaded with every major sports league in the world. Offering straight, single and multi-betting, live In-Play betting and a fully comprehensive list of prop bets. Sportsbet’s betting software is incredibly simple to use and offers odds that are more competitive than almost every single Bitcoin sportsbook. The minimum bet is 0.01 mBTC and maximum is not displayed. They offer ‘money back guarantee’ on popular sports events, and run weekly leaderboard contests where every punter can win a serious price just for placing bets! All deposits and withdrawals are instant and require 0 confirmations. Additionally they have 24/7 live chat support and a full casino platform with Bitcoin. Full Sportsbet sportsbook review
Bitcoin Sportsbook Reddit
3.Fortunejack sports
Fortunejack Sports offers bitcoin live & mobile betting on every major sport. Looking for soccer, baseball, tennis trends, game previews or matchup details? They provide statistics so you can do your research and handicapping on their site. Want to place bitcoin or bitcoin cash bets on the Kentucky Derby or The Breeders’ Cup? FortuneJack Racebook has it from its list of over 80 venues. Bitcoin first depositors benefit from 2x their stake in free bet, eligible for use in Sportsbook & Racebook, on any sport, odds and wager type. For bitcoin, there isn’t a deposit limit, neither a maximum withdrawal limit. They reserve the right to divide any payment over 50 BTC into 10 installments of 10% each, for 10 months. Minimum withdrawal amount is 0.004 BTC or its equivalent in other currencies. FortuneJack Sportsbook has a large diversity of prop bets. You will discover more bitcoin betting options on Politics, Sports and Entertainment than in other sportsbooks. Full FortuneJack sportsbook review
4.Betcoin sports
This BTC sportsbook comes with the full menu; straight bets, parlays, teasers, round robins, player props, handicaps, futures and many more can be found here! The minimum bet required is 0.13 mBTC while the maximum is 2.5 BTC with the possibility of higher bets being arranged. Despite having one of the largest sports selections there are currently no active bonuses for the sportsbook portion of this site. The odds are a few fractions of a percent away from being the top of the industry. Full Betcoin Sports sportsbook review
5.Nitrogen sports
Nitrogen Sports is a dedicated Bitcoin powered sportsbook with no fees and 0 confirmation deposits. Straight betting, parlays, props and teasers can be wagered on with minimum bets of 0.1 mBTC and a maximum of 1.2 BTC. They have by far the largest eSports betting section and every major league in the world from soccer to snooker. While they do not offer a bonus at this point in time, they do host several promotions which can be found on their blog. The odds flat out lead the industry and the site retains member pseudonymity by not requiring an email address to place a wager. Full Nitrogen sportsbook review
MORE BITCOIN SPORTSBOOKS
Online sports betting enables players to place wagers on sporting contests and other events over the internet. Many online Bitcoin casinos run BTC sports betting operations while there are also plenty of independent sportsbooks referred to as bookmakers. The majority of bets offered on online BTC sportsbooks
include fixed-odds bets where players wager against the odds offered by the bookmaker.Bitcoin Sportsbook Review
Sporting contests are the most common event people bet on at sportsbooks, but there are also lots of other events featured at online Bitcoin Bookmakers. Politics, TV shows, weather, and celebrities are some of the other things you can bet Bitcoin on at sportsbooks.