Best Crypto Sports Betting Sites

Our Highest Rated Crypto Sports Betting Sites in 2025

Short Reviews of the Top Bitcoin Sports Betting Sites 

Below are the brief overviews of the crypto sports betting sites we recommend.

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"reviewBody": "Vave, founded in 2022 and licensed in Curacao, offers a secure, anonymous gaming environment. Players can enjoy their experience without revealing their identity, thanks to the option for anonymous play. Vave is home to over 11,000 casino games. Notable providers include BGaming and Betsoft, with popular games like 'Gates of Olympus' and 'Sugar Rush', alongside exclusive titles such as 'Vave Dice'. The platform features an extensive sportsbook covering a wide range of sports including soccer, basketball, and eSports like League of Legends and Valorant, catering to diverse betting preferences. Payment methods at Vave are predominantly cryptocurrency-based, supporting options like Bitcoin, Ethereum, and Ripple, ensuring a versatile transaction experience for users.",
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"name": "Bitcoin"
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"reviewBody": "Bets.io, established in 2021, is licensed by the Curacao Gaming Control Board. It operates under the ownership of Bets Entertainment N.V. and does not allow anonymous play. This platform is accessible in multiple languages, including English, German, and French. The casino boasts over 10,000 games, featuring a diverse array of slots and live dealer options. Notable game providers include Pragmatic Play, Evolution Gaming, and NetEnt. Exclusive games include Chicken Road and Robo Dice. Sports enthusiasts can explore a comprehensive sportsbook covering a wide range of events, from Alpine Skiing to eSports like Counter-Strike and League of Legends. The platform also sponsors athletes and sports leagues. Bets.io supports a variety of payment options, focusing heavily on cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. This modern approach facilitates quick and secure transactions for its users.",
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"reviewBody": "Crypto.Games, founded in 2014 and operated by MuchGaming B.V., holds a Curacao gaming license. Anonymous play is not allowed, ensuring a secure and transparent gaming environment. The platform offers a unique collection of 10 games, including Blackjack, Dice, Roulette, and Slots. These are exclusively developed by Crypto.Games, creating a distinct user experience. Crypto.Games lacks a traditional sportsbook but features sports-themed games like Minesweeper and Plinko. All games on the platform support provably fair technology, enhancing game fairness. Cryptocurrency payment options include Bitcoin, Ethereum, Litecoin, among others, facilitating swift and secure transactions for a global audience.",
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"@type": "Casino",
"name": "TrustDice",
"foundingDate": "2018",
"license": "Curacao eGaming",
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"name": "Bitcoin"
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"@type": "PaymentMethod",
"name": "Ethereum"
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"@type": "PaymentMethod",
"name": "Litecoin"
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"@type": "PaymentMethod",
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"reviewBody": "TrustDice, established in 2018 and licensed by Curacao eGaming, offers a robust platform for casino gaming and sports betting. This operator supports anonymous play and provides a diverse gambling environment. The casino boasts an impressive lineup of over 7208 games, featuring top providers like Pragmatic Play, Play'n GO, and Evolution among others. Players can indulge in a variety of games, from slots to live dealer experiences. For sports enthusiasts, TrustDice covers a vast array of sports including Soccer, Basketball, and Tennis, alongside eSports like CS:GO and League of Legends. Its sportsbook is comprehensive, catering to various betting preferences. Payment methods at TrustDice include a wide range of cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, ensuring fast and secure transactions. This setup is particularly appealing for crypto users looking for convenience and privacy.",
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"numberOfGames": 8465,
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"German",
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"English",
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"Japanese"
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"@type": "Casino",
"name": "NationalBet",
"foundingDate": "2024",
"license": "Anjouan",
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"name": "Bitcoin"
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"name": "USDC"
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"name": "XLM"
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"@type": "PaymentMethod",
"name": "XRP"
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"name": "Visa"
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"reviewBody": "NationalBet, a 2024 gaming platform licensed in Anjouan, provides secure SSL-encrypted transactions while requiring player identification. The casino boasts 2,100+ games from renowned providers such as Microgaming, Evolution, Play'n GO, and Pragmatic Play, with fan favorite casino games including Star Burst, Sweet Bonanza, and Fist of Destruction. Sports enthusiasts can enjoy extensive betting options across major sports like football, basketball, tennis, horse racing, and American football, alongside niche sports and live betting features. The platform accepts various payment methods, from traditional Visa and Mastercard to cryptocurrencies, including BTC, ETH, BCH, LINK, LTC, SOL, USDC, XLM, and XRP, with a 72-hour withdrawal timeframe.",
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"@type": "Casino",
"name": "ThunderPick",
"foundingDate": "2017",
"license": "Curacao",
"acceptedPaymentMethod": [
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"@type": "PaymentMethod",
"name": "Bitcoin"
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{
"@type": "PaymentMethod",
"name": "Ethereum"
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"name": "Litecoin"
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"@type": "PaymentMethod",
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"reviewBody": "Thunderpick Casino, launched in 2017, holds a Curacao license and supports anonymous play. Its multilingual capabilities cater to a broad audience, enhancing the user experience for global players. The casino boasts a vast library of over 5060 games from top-tier providers such as Pragmatic Play, Netent, and Evolution. Featured games include Sweet Bonanza and King of Dragon, with exclusive offerings like Thunder Spin. Thunderpick provides extensive sports betting options, covering eSports like League of Legends and traditional sports such as basketball. Its partnerships with teams like Evil Geniuses boost its sports credibility. For payments, Thunderpick favors cryptocurrencies, accepting Bitcoin, Ethereum, and Litecoin among others. This emphasis on digital currencies aligns with its modern, secure gaming environment.",
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"@type": "Casino",
"name": "Jackbit",
"foundingDate": "2022",
"license": "Curacao",
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"name": "Bitcoin"
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"@type": "PaymentMethod",
"name": "Ethereum"
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"name": "Solana"
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"reviewBody": "Jackbit, established in 2022 and licensed in Curacao, offers anonymous playing options. Managed by Ryker B.V., it supports VPN-friendly access and ensures transactions are secured with SSL encryption. The casino impresses with over 6,000 games including titles from noted providers such as Microgaming, NetEnt, and Pragmatic Play. Popular games include Sweet Bonanza and Money Train. Jackbit provides a comprehensive sportsbook featuring a wide range of sports from football to eSports, including popular titles like Counter-Strike and Dota 2. Payments are predominantly cryptocurrency-based, accepting Bitcoin, Ethereum, and Solana, among others, catering to a digitally savvy audience.",
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"numberOfGames": 7000,
"availableLanguage": [
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"German",
"English",
"French"
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"address": {
"@type": "PostalAddress",
"addressLocality": "Curacao"
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"@type": "Casino",
"name": "Rakebit",
"foundingDate": "2024",
"license": "Costa Rica",
"acceptedPaymentMethod": [
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"@type": "PaymentMethod",
"name": "Bitcoin"
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{
"@type": "PaymentMethod",
"name": "Ethereum"
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{
"@type": "PaymentMethod",
"name": "Tether"
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"review": {
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"reviewBody": "Rakebit, established in 2024 and licensed in Costa Rica, offers anonymous gaming with a secure platform. It excludes players from countries like the USA and UK but welcomes many others. The platform hosts over 4,500 games, featuring a variety of slots and table games. Notable game providers include Pragmatic Play, Evolution, and NetEnt. Rakebit's sportsbook is extensive, covering everything from Soccer and Basketball to eSports such as FIFA and Dota 2. It caters well to sports betting aficionados. Payment options focus on cryptocurrencies like Bitcoin, Ethereum, and several others, promoting fast and secure transactions across the board.",
"author": {
"@type": "Person",
"name": "Richard Janvrin",
"url": "https://www.webopedia.com/author/richardjanvrin/",
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},
"numberOfGames": 8000,
"availableLanguage": [
"English"
],
"address": {
"@type": "PostalAddress",
"addressLocality": "Costa Rica"
}
}
},
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"position": 10,
"item": {
"@type": "Casino",
"name": "Betwhale",
"foundingDate": "2023",
"license": "Comoros Gambling License Authority",
"acceptedPaymentMethod": [
{
"@type": "PaymentMethod",
"name": "Bitcoin"
},
{
"@type": "PaymentMethod",
"name": "Ethereum"
},
{
"@type": "PaymentMethod",
"name": "Tether"
}
],
"review": {
"@type": "Review",
"reviewBody": "Betwhale Casino, managed by Dama N.V., was established with a license from Curacao. The casino ensures secure play but does not support anonymous gaming. The platform features over 11,000 games, including notable ones like Gates of Olympus and Razor Shark. Providers such as NetEnt, Pragmatic Play, and Evolution are part of a long list that enriches the gaming experience. Though predominantly a casino, Betwhale includes sports-themed games within its vast array of slots, catering to sports fans with diverse interests. Betwhale Casino’s payment methods cater extensively to cryptocurrency users, offering a variety of digital currencies for transactions.",
"author": {
"@type": "Person",
"name": "Richard Janvrin",
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"numberOfGames": 1800,
"availableLanguage": [
"English"
],
"address": {
"@type": "PostalAddress",
"addressLocality": "Curacao"
}
}
}
]
}

How We Review the Crypto Sports Betting Sites We Recommend

At Webopedia, we offer detailed and thorough reviews to help you make informed decisions when browsing the best crypto gambling sites. This means you'll access sites that are reliable and renowned for their users and offer great security, too. Conversely, you should have fun and feel safe when you're using these sites, knowing that your funds are safe and customer support will have your back when you need them.

Our review process is built on understanding what truly matters to users, especially in the rapidly evolving world of online crypto sports betting sites. Below are the factors we consider when evaluating the best crypto and Bitcoin bookmakers.

Accepted Cryptos

The rise of cryptocurrencies in sports betting has been revolutionary. Bitcoin, the pioneer, paved the way for secure, fast, and anonymous transactions, making it a natural fit for online betting.

But it's no longer just about Bitcoin. Various cryptocurrencies should be included, too, in case you'd like to try out Dogecoin sports betting or anything similar with Litecoin, Ethereum, and others.

To make our list of the best online crypto sports betting sites, a site must support Bitcoin and offer a range of other cryptocurrencies. This flexibility is key, allowing users to bet with the crypto they're most comfortable using.

Bonuses and ongoing promos

Crypto casino bonuses and ongoing promotions are another crucial aspect we investigate. It's not just about quantity - we also look at the quality and relevance of the crypto sports betting sites.

We look for crypto-friendly sportsbooks that offer real-value bonuses, such as deposit matches, free bets, and ongoing promotions like crypto casino VIP programs. A great bonus can decide when choosing a Bitcoin sportsbook, but only if it’s fair and advantageous to the user.

We ensure that the recommended sportsbooks accepting Bitcoin offer bonuses that provide genuine benefits, particularly for those betting with cryptocurrencies.

Player anonymity

One of the biggest draws of using crypto sports betting sites is the ability to bet anonymously (or as anonymously as possible). This is crucial for many bettors who value their privacy and want to keep their betting activities confidential.

Our reviews strongly emphasize anonymous crypto gambling features. The sites we recommend typically allow users to place bets without sharing personal information. Anonymity is a cornerstone of Bitcoin sports betting, and we take this factor seriously when evaluating platforms.

Note that it is common for a site to request minimal, basic information during a sign-up.

Anonymity vs. KYC Compliance

While Bitcoin bookmakers offer more privacy than fiat sites, some crypto sportsbooks still require players to provide Know Your Customer (KYC) information, affecting anonymity to some degree.

If total privacy is important to you, look specifically for “no KYC”, or anonymous crypto sports betting sites. These platforms allow you to register and bet without sharing personal details, ensuring maximum privacy.

Licensing and safety of crypto sports betting sites

Licensing and safety are paramount in the largely unregulated world of crypto betting. The lack of stringent regulations means bettors must be extra cautious about where they place their money.

At Webopedia, we ensure that the Bitcoin sportsbooks we recommend are reputable and reliable. We investigate licensing, security measures, and the site’s overall reputation in the betting community. We aim to ensure that you’re using only reliable crypto sports betting sites that protect your data.

Fast and secure payment options

Cryptocurrencies have transformed payment processes in online betting, offering faster and more secure transactions than traditional fiat currencies.

With cryptos, bettors can make deposits and withdrawals almost instantly without the delays typically associated with banks. These days, making a BTC deposit on a betting site is the quickest way to get funds into your account. The speed of BTC transactions, combined with the robust security features of blockchain technology, makes this cryptocurrency a superior option for online betting.

We look for online crypto and Bitcoin sports betting sites that accept a variety of cryptocurrencies and offer a seamless and secure payment experience. Further, we thoroughly examine the minimum and maximum limits to deposits or withdrawals you make on these sites.

Betting markets and events

Another critical factor in our reviews is the variety of betting markets and events. The best online crypto sports betting site should offer a broad range of sports markets, from popular sports like football, basketball, and tennis to more niche events.

Additionally, we focus on the actual markets that punters can pick and choose from. Prematch markets should include outrights, money lines, and spreads. We also like to see sites with plenty of unique team and player props that punters can use to craft creative parlay bets.

UX and mobile offering

User experience is key, particularly for mobile users. With the growing popularity of on-the-go betting, Bitcoin bookies must be optimized for mobile devices.

A smooth, intuitive interface that works seamlessly across different devices can significantly enhance the betting experience. We pay close attention to how easy it is to navigate the site, place bets, and access different features.
Crypto betting sites must have a smooth UI and pages that load quickly.

In the world of online sports betting, things move quickly, and as such, you can’t be held back by slow-loading pages and changing markets. This is why we spend time assessing how smoothly both the desktop and mobile versions of these sites run, with a particular focus on their live betting features.

Reputation of crypto sports betting sites

Brand reputation is vital in the relatively unregulated world of crypto sports betting. We take the time to research what players are saying about the sites we review. Our team pays particular attention to any issues with withdrawals, confiscation of funds, or other red flags like bonus-related problems.

A site’s reputation among its users strongly indicates its reliability and trustworthiness. Webopedia’s team only recommends Bitcoin bookmakers with a solid track record of fair play and transparency.

Customer support at crypto sports betting sites

Customer support is the final aspect we consider in our reviews. A responsive and efficient support team is vital, especially when dealing with crypto-specific issues.

We evaluate how quickly and effectively the support team responds to inquiries, the range of languages offered, and the contact options available, such as live chat, email, or phone. It's also important for you to get multilingual support, ideally 24/7.

Good customer support can make a significant difference, mainly when dealing with the unique challenges that can arise with cryptocurrency transactions or making a bookmaker Bitcoin deposit.

Bitcoin Sports Betting Options–What Can You Bet On?

The best crypto sports betting sites allow you to wager on various sports because they want you to have many choices. From Kabaddi to curling, very few sports are left out!

However, most betting is done around a relatively small proportion of popular sports. Let’s take a look at the ones that generate the most attention.

Soccer

Soccer is one of the most popular sports to bet on with Bitcoin. At the best crypto football betting sites, you can use BTC to wager on various soccer markets.

Whether you are betting on Manchester United to beat Liverpool in the English Premier League, predicting the number of goals scored, or even selecting which player will score first, Bitcoin makes it easy and secure to place your bets.

If you’re interested in larger events, you can also wager on major tournaments like the FIFA World Cup or UEFA Champions League, and in many cases, bet live as the action unfolds.

Basketball

Basketball is another favorite for crypto and Bitcoin sports bettors, and plenty of betting options are available across various leagues, including the NBA and EuroLeague.

You can use BTC to wager on game outcomes, total points, or the number of points scored by a star player.
Feeling confident? Try a parlay bet, where you combine multiple wagers for a higher potential payout. Bitcoin transactions make the betting process fast and hassle-free, so you can focus on the excitement of the game.

American Football

American football is also a popular choice for Bitcoin sports bettors. The NFL, in particular, offers a substantial volume of crypto football betting options, from simple bets on who will win a game to more detailed wagers on specific player performances, such as how many touchdowns a quarterback will throw.

You can also bet on the total points scored in a game or try your luck with prop bets, which cover a wide range of scenarios, like who will win the coin toss or whether the game will go into overtime. Bitcoin allows you to place these bets quickly and efficiently, ensuring you don’t miss out on any action.

Baseball

With its long season and numerous games, baseball offers ample opportunities for Bitcoin bettors. You can place wagers on game-winners, total runs, or specific player performances, such as how many strikeouts a pitcher will record.

For those looking for bigger payouts, future bets–like predicting the MLB World Series champion - are also available on many Bitcoin betting platforms. The speed and security of Bitcoin transactions make betting on America’s pastime even more enjoyable.

Hockey

Hockey fans can use Bitcoin to bet on various outcomes, from predicting the winner of an NHL game to wagering on the total number of goals scored or even the outcome of individual periods.

The fast-paced nature of hockey makes live betting particularly exciting, and Bitcoin ensures quick, hassle-free transactions as the game unfolds.

Tennis

Tennis offers a fascinating set of options for Bitcoin betting. For example, you might wager $200 worth of BTC on your favorite tennis player to win his next Grand Slam match. If you enjoy predicting more detailed outcomes, you could bet on the total number of sets in the game or the exact score of a set.

Bitcoin bettors can also explore other markets, such as betting on a specific player to win a certain number of games or predicting the total number of aces served during a match. With frequent tennis matches, you have many opportunities to engage with different markets using Bitcoin.

Horse Racing

Horse racing is a classic sport with a modern twist when you bet using Bitcoin. At the best bookmakers accepting Bitcoin, you could place BTC on the 'favorite to win a big race', such as the Kentucky Derby. Options of this kind make superb sites stand out among the average ones!

For more complex bets, you might wager a smaller amount on an exacta, predicting the first and second-place finishers in the correct order. Trifecta and superfecta bets, where you expect the top three or four finishers, are also available, offering potentially large payouts.

Bitcoin makes it easy to place these bets quickly, ensuring you don’t miss out on the excitement of race day.

Esports

Crypto esports betting (virtual sports) has grown rapidly in popularity, and Bitcoin betting is a perfect fit for this digital arena. You could wager on a top team to win its next League of Legends match. If you prefer more specific bets, you might wager on the total number of kills in a game or on which team will destroy the first tower.

Bitcoin allows you to engage with various games, from Dota 2 to CS2, offering markets like match winners, map winners, and even player performance bets. The dynamic nature of esports makes live betting particularly exciting, with the ability to place bets in real-time as the match progresses.

Cricket

Cricket, with its rich history and global appeal, offers plenty of Bitcoin betting opportunities. For example, you can bet that India will win the next test match against England. For more detailed wagers, you could bet on the top run scorer in the match or the total number of runs scored by a team.

The best crypto cricket betting sites also let you wager on outcomes like the number of wickets taken, the number of sixes hit, or which player will be named Man of the Match. Bitcoin’s speed and convenience make it easy to place these bets, whether on a quick T20 game or a longer Test match.

Popular Crypto Sports Betting Bonus Deals

One of the most exciting aspects of Bitcoin sports betting is the variety of bonus deals that enhance your betting experience. The crypto sports betting bonuses are designed to give you extra value and more opportunities to win. However, it's important to understand how each type works and what to expect. You should expect that many crypto betting sites will offer you some attractive deals and bonuses to claim.

Let’s take a closer look at some of the most popular Bitcoin sports betting bonus deals:

Free Bets

Free bets are among the most common bonuses offered at Bitcoin sports betting sites. Essentially, a free bet allows you to place a bet without using your own money.

For example, a site might offer you a 0.01 BTC free bet for signing up or depositing. If your free bet wins, you typically get to keep the winnings but not the initial stake.

The main advantage of free bets is that they let you play without risking your Bitcoin, making them a great way to try out a new site or place a bet on a sport you’re less familiar with.

However, the downside is that winnings are usually limited, and conditions may be attached, such as having to bet only on specific odds or events.

Matched Deposit Bonus

Another popular option is a matched deposit bonus, where the crypto betting site matches a percentage of your deposit with bonus funds.

For example, if you deposit 0.05 BTC and the site offers a 100% matched deposit bonus, you'll receive an additional 0.05 BTC to bet with, effectively doubling your betting balance.

The major benefit of a matched deposit bonus is the extra value it provides, especially if you plan to bet regularly.

However, these bonuses often come with wagering requirements, meaning you must bet a certain amount before you can withdraw any winnings from the bonus. This can make cashing out your bonus funds challenging unless you’re a frequent bettor.

No Deposit Bonus

Crypto no-deposit bonuses are highly appealing because they let you start betting without making any deposit at all. While these bonuses are typically smaller, they allow you to try out a site risk-free.

The main advantage of a no-deposit bonus is that you can explore the site and place bets without spending any of your funds, making it especially useful for beginners new to Bitcoin sports betting.

Conversely, no-deposit bonuses often come with strict terms and conditions, such as high wagering requirements or limits on how much you can withdraw from your winnings with sports betting sites that accept Bitcoin. These bonuses are usually smaller, so while they offer a great starting point, they may not provide as much value as other bonuses.

Reload Bonus

A reload bonus is designed to reward existing users for making additional deposits. For example, if you deposit 0.05 BTC, the site might offer a 50% reload bonus, giving you an extra 0.025 BTC to bet with.

This type of bonus is ideal for regular bettors who plan to deposit frequently, as it provides ongoing value and extends their betting bankroll.

A reload bonus's main advantage is its continued support, helping you get more out of each deposit. However, like other deposit bonuses, reload bonuses usually come with wagering requirements, meaning you’ll need to bet the bonus amount multiple times before withdrawing any winnings. Check out all terms and requirements on the crypto sports betting sites you'd try out, before you actually start playing.

Cashback Bonus

Crypto cashback bonuses offer a way to recover some of your losses, making them a favorite among bettors. For example, a site might offer a 10% cashback bonus on your weekly losses, meaning if you lose 0.1 BTC, you would receive 0.01 BTC back.

The most significant benefit of a cashback bonus is that it softens the blow of a losing streak, giving you a second chance to turn things around. This can be particularly reassuring if you’ve had a rough week of betting.

On the downside, cashback amounts are often small, and there may be a limit on how much you can claim. Some sites require you to meet specific criteria, like betting on certain events or markets, to qualify for cashback.

Competition-specific Bonus

Competition-specific bonuses are tied to major sporting events or tournaments, offering special promotions for those occasions. For instance, during the World Cup or Super Bowl, a site might offer a bonus that boosts your winnings by 20% if you bet on specific matches or outcomes.

These bonuses are exciting because they add extra value to betting on high-profile events, making the action even more thrilling. The main advantage is that these bonuses are often generous and tied to events you may already be interested in betting on.

However, they are usually limited to specific events and may come with short timeframes, requiring you to act quickly to take advantage.

Crypto-exclusive Promotions

Crypto-exclusive bonuses are explicitly designed for those who use cryptocurrencies like Bitcoin for betting.
These bonuses might offer higher percentages or better terms than regular bonuses for using Bitcoin or other cryptocurrencies.

For example, a crypto sports betting site might offer a 150% crypto-exclusive bonus on your first deposit of 0.1 BTC, giving you 0.15 BTC extra to bet with.

The major benefit of a crypto-exclusive bonus is that it rewards you for using Bitcoin, often providing better value than traditional currency bonuses. This particularly appeals to crypto enthusiasts who prefer managing their funds in digital currencies.

However, like other bonuses, crypto-exclusive offers typically come with wagering requirements, and not all the best Bitcoin sports betting sites offer them, so your options may be more limited.

Crypto Sports Betting Odds–How Do They Work?

Crypto sports betting odds show how likely an event will occur and how much you stand to win from your initial stake. Odds are usually presented in three formats: decimal, fractional, or money line, but at the end of the day, they all mean the same thing. How these odds are calculated can seem a little confusing at first.

But with a few simple formulas, you can begin to understand better this aspect of the sports betting industry:

For example, in decimal odds (common in Europe), the formula is:
Payout = Stake × Odds

If the odds are 2.50 and you bet 0.01 BTC, your payout would be 0.01 × 2.50 = 0.025 BTC.

For fractional odds (e.g., 5/2), the first number represents potential profit, and the second is the stake required. A 5/2 bet with 0.01 BTC would return (5 ÷ 2) × 0.01 = 0.025 BTC profit plus your original stake.

Moneyline odds (e.g., +200) are common in the U.S.

Positive values indicate underdogs, and the formula is Profit = Stake × (Odds ÷ 100), so a 0.01 BTC bet at +200 would win 0.01 × (200 ÷ 100) = 0.02 BTC.

Most crypto sports betting sites allow you to select your preferred odds format. There are three main formats: American odds, decimal odds, and fractional odds. We’ve explained how each format works below.

American Odds

These odds are only used in the United States. They can be positive or negative. Here is an example:

• Chicago Cubs to beat San Francisco Giants (-150)
• San Francisco Giants to beat Chicago Cubs (+125)

If the betting odds are positive, the numbers highlight the profit you would receive from a successful $100 bet. In this example, a $100 bet on the Giants would deliver a $125 profit.

When the American odds are negative, the numbers highlight the amount you’d need to risk to generate a $100 profit. In this example, a $150 bet on the Cubs would net you a $100 profit.

Decimal Odds

This is the most popular odds format in Europe, Canada, Australia, and various other parts of the world. Decimal odds tell you the total return you would receive from a successful bet. That includes your profit and the return of your bet amount. Here’s the same example in the decimal odds format:

• Chicago Cubs to beat San Francisco Giants (1.67)
• San Francisco Giants to beat Chicago Cubs (2.25)

You simply multiply your bet amount by the decimal odds to calculate your potential return if the bet wins. For example, a $100 bet on the Giants would deliver a total return of $225 (a $125 profit and the return of your $100 stake). Meanwhile, a $10 bet would provide a return of $22.50.

Fractional Odds

Fractional odds are primarily used in the UK and Ireland. They’re also widely used in horse races around the world. These odds are similar to American odds, highlighting the potential profit you’d earn from a successful bet. This is how the same example would look in the fractional format:

• Chicago Cubs to beat San Francisco Giants (4/6)
• San Francisco Giants to beat Chicago Cubs (5/4)

Just multiply your bet amount by the fraction to calculate your potential profit if the pick is correct. For example, a $100 bet on the Giants would net you a $125 profit, as $125 x 5/4 = $125.

Why Are There Different Odds on Crypto Sportsbooks

You’ll often find that rival crypto sportsbooks offer different odds on the same event. For example, one site might offer 2.10 (+110) on India to win a cricket match, while another site might offer 2.20 (+120) on India to win. Here’s why the odds can vary from one crypto sports betting site to the next:

1. The Oddsmakers Disagree

Oddsmakers assess the relative strengths and weaknesses of both teams, and they then release odds on each potential outcome. The oddsmakers at rival companies may simply disagree about each team’s chances of success.

For example, Sportsbook A offers -125 (1.80) on Jannik Sinner to beat Jack Draper in a tennis match, and +145 (2.45) on Draper to win. Meanwhile, Sportsbook B might offer -130 (1.77) on Sinner to win and +151 (2.52) on Draper to win. Both sportsbooks are taking an identical house edge, but Sportsbook A gives Draper a better chance of success in the match.

2. Some Sites Take a Lower House Edge

Some crypto betting sites have a lower house edge than their rivals. In the United States, these are known as reduced juice lines or sharp betting odds.

For example, Sportsbook A might offer odds of -110 (1.91) on either team to cover the point spread in an NBA game. That amounts to a 4.77% house edge. Meanwhile, Sportsbook B might offer -105 (1.95) on either team to cover the spread, which amounts to a 2.46% house edge.

In that example, Sportsbook B is offering reduced juice lines. It is taking a lower house edge than rival sites, which should help the sportsbook attract new customers. However, the company may cut back on other areas to offer such attractive odds. For example, it might not offer bonuses or invest in features like live streaming.

3. They Respond to Public Betting Patterns at Different Speeds

Sportsbooks shift their odds in response to public betting patterns. For example, the Kansas City Chiefs might start the week as the -120 (1.83) favorites to beat the Detroit Lions in an NFL game.

If most people bet on Kansas City, the sportsbooks will respond by offering less attractive odds on the Chiefs and more attractive odds on the Lions. This is designed to help them balance their risk, as they like to take a similar volume of bets on each team. By the time the game begins, you might find the Chiefs are -140 (1.71) favorites.

Some sportsbooks are quick to react to public betting patterns, and they shift their odds rapidly. Others are slower, so you can sometimes find discrepancies between the odds on the same team at rival sites.

How to Get Started at Crypto & Bitcoin Sports Betting Sites

Getting started with Bitcoin sports betting might seem daunting if you're new to it, but the process is quite simple once you know the steps. Here's a straightforward guide to help you start betting with Bitcoin on your favorite sports.

1. Pick a Crypto Sports Betting Site 

First, choose a reliable crypto sports betting site. Look for one that accepts Bitcoin, has a solid reputation, offers a wide range of sports markets, and prioritizes security.

Check if the crypto sports betting site offers attractive bonuses for new users and read reviews from other bettors to gauge its credibility. It’s also a good idea to choose a site with active communities of like-minded sports betting enthusiasts.

2. Buy Bitcoin (or if you prefer another crypto)

If you don’t already have Bitcoin, you’ll need to buy some. You can purchase BTC  through a crypto exchange like Binance or Kraken.

Create an account on the exchange, link it to your bank account or credit card, and buy the amount of Bitcoin you want. Once purchased, transfer your Bitcoin to a secure digital wallet, which you'll use to fund your betting account. Once you do that, you’ll be more prepared to dive into the online sportsbooks.

3. Register

Now, it's time to register on your chosen sports betting site. Visit the site’s homepage and click the "Sign Up" or "Register" button.

Fill out the registration form with your details, such as your email address, username, and password. Some sites might also request additional information, like your date of birth or country of residence. Once you’ve completed the form, submit it to create your account.

4. Deposit

After your account is set up, you can deposit Bitcoin. Log in to your betting account and go to the deposit section.

Choose Bitcoin (or another cryptocurrency) as your payment method. The site will generate an address to which you can send your funds. Copy this address, open your digital wallet, and paste the address into the "Send" field.

Enter the amount of Bitcoin you want to deposit, and confirm the transaction. Your funds should appear in your betting account shortly.

5. Claim your welcome bonus

After making your deposit, it’s time to claim your welcome bonus. Most Bitcoin sports betting sites offer bonuses to new users, such as free bets or matched deposit bonuses.

To claim your bonus, you may need to enter a promo code during the deposit process, or the bonus might be automatically credited to your account after your first deposit.

Please read the terms and conditions to understand any wagering requirements or other rules attached to the bonus.

6. Start Betting!

You can start betting using crypto now that your account is funded and your bonus is activated.

Browse the sports markets on the site, choose the event or match you want to bet on, and select your betting market (such as match winner, total goals, or player performance).

Enter the amount of Bitcoin you want to wager and place your bet. If your bet wins, the winnings will be credited to your account.

7. Withdraw the winnings

When you're ready to withdraw your winnings, go to the withdrawal section of the site. Select Bitcoin as your withdrawal method, enter the amount you wish to withdraw, and provide your crypto gambling wallet address.

The site will transfer the funds to your wallet after you confirm the transaction. While many sites offer fast or instant withdrawals, processing times can vary depending on the site.

How to Start Placing Bets for Crypto Sports Betting

It’s easy to place your first bet at a crypto sports betting site. Just follow these steps:

1. Create an account with a trusted crypto betting site and make a deposit. We’ve broken down this process in the “How to Get Started at Crypto & Bitcoin Sports Betting Sites” section on this page.
2. Visit the “Sports” section of the site and choose a sport from the menu provided. You can then select a league or cup. For example, you might choose “Basketball” and then “NBA,” or perhaps “Soccer” and then “English Premier League.”
3. You will then see a list of games. Tap on a particular game to browse the betting options. The most popular markets will be displayed at the top of the page, but you can scroll down to find more niche options.
4. When you find an appealing betting option, click or tap on it. Your pick will then appear on the betslip.
5. Enter the amount you’d like to bet in the space provided. The betslip will highlight your potential winnings. For example, if you bet $100 on the Boston Celtics to win at odds of +125 (2.25), you’ll receive a $125 profit if they win.
6. If you’re happy, click the button to confirm the bet. The funds will be deducted from your account balance. Your winnings will be credited to your balance after the game if your pick is correct.

Note: If you’d like to place a parlay (accumulator or combo), click on any markets you like the look of. For example, you could click on Real Madrid to beat Valencia and Liverpool to beat Everton. A new section will then appear on the betslip, and both of your picks will be displayed. The slip will highlight the cumulative odds of the parlay. Once again, you can enter your desired bet amount, check your potential winnings, and click to confirm the wager.

Why is Crypto Better than Fiat for Sports Betting?

Cryptocurrency is becoming increasingly popular in sports betting, offering an alternative to traditional currency.

While crypto has its advantages, it also presents some challenges. Here are the pros and cons of using crypto for sports betting compared to fiat options. Even with the transparent comparison, you can see clearly how crypto wins over traditional methods in the long run:

Pros of Crypto

• Faster Transactions: Cryptocurrency transactions, especially withdrawals, are usually processed much quicker than fiat transactions, often within minutes.
• Enhanced Privacy: Using crypto allows for greater anonymity since you don’t need to share personal banking details, unlike with fiat transactions.
• Lower Fees: Crypto transactions typically have lower fees than fiat payments, which may involve bank charges, currency conversion fees, and other processing costs.
• Global Accessibility: Cryptocurrencies are decentralized and not tied to any specific country, making it easier to access betting sites worldwide without worrying about exchange rates or banking restrictions.
• Crypto-Specific Bonuses: Many of the best Bitcoin sportsbooks offer special bonuses and promotions for users who deposit with cryptocurrency, often more generous than those available for fiat users.

Cons of Crypto

• Volatility: Cryptocurrency values can fluctuate significantly, affecting your bets and winnings. In contrast, fiat currencies are generally much more stable.
• Limited Acceptance: Although the number of crypto-friendly sports betting sites is growing, not all platforms accept cryptocurrency, limiting your options compared to the widespread acceptance of fiat.
• Learning Curve: For those unfamiliar with crypto, buying, storing, and using digital currencies can be more complex than the familiar processes of using fiat currency.

Pros of Fiat

• Regulations: Unlike crypto, Fiat is regulated
  Familiar to all: People are well familiar with all their currencies nationwide

Cons of Fiat

• Large bank fees: Unlike cryptos, here the fees may be hefty
• Geo-limits: Some countries impose stricter regulations on gambling activities
• Processing time: Transfers with banks may take days

What is the Best Wallet to Use for Sports Betting with Crypto?

If you want to be able to gamble online using crypto or Bitcoin specifically, then you need to make sure that you are using a reliable crypto wallet.

These wallets store your crypto safely until you can move your coins into your betting account. There are a few reliable options out there, each with its strengths. These are three we would recommend as the best crypto wallets for gambling, where your funds are most secure, foremost:

• Exodus: A great option because of its user-friendly interface and support for many assets.
• MetaMask: One of the better choices for Ethereum users, as it is commonly used with dApps and for DeFi interactions on online crypto platforms. Some sports betting sites even let you sign in with your MetaMask account.
• Trust Wallet: There are very few better mobile wallets. This one supports many crypto options, has an integrated Web3 browser, and offers plenty of staking options.

Bitcoin vs. Altcoins: Which Cryptocurrency is Best for Sports Betting?

When choosing a cryptocurrency sports betting site, Bitcoin is often the first payment option that comes to mind. However, other cryptocurrencies, known as altcoins, like Litecoin, Ethereum, and Dogecoin, offer unique features for bettors when using the best crypto betting sites.

Choosing the Right Crypto for Betting

Understanding the differences between Bitcoin and altcoins can help you decide which is the best fit for your betting needs. Below, we compare BTC to LTC, ETH, and DOGE, three of the most popular Bitcoin alternatives.

Bitcoin

Bitcoin is the most widely recognized and accepted cryptocurrency in sports betting. Its main advantage is its popularity and wide acceptance, as nearly all crypto sports betting sites support Bitcoin. Additionally, Bitcoin transactions are secure and supported by a robust network that has stood the test of time.

However, Bitcoin transactions can sometimes be slower and more expensive due to higher network fees, especially during periods of high demand.

Ethereum

This is not just a cryptocurrency but also a platform for decentralized applications, including innovative betting platforms. With Ethereum sports betting, transactions are generally faster and cheaper than with Bitcoin, especially when the network isn’t congested.

However, Ethereum’s transaction fees, known as gas fees, can spike during high network usage, making it more expensive sometimes. Like Litecoin, Ethereum is less universally accepted than Bitcoin, but an increasing number of crypto betting sites now support it.

Litecoin

Litecoin is often considered the “silver” to Bitcoin’s “gold.” It’s similar to Bitcoin but offers faster transaction speeds and lower fees, making Litecoin sports betting good for bettors who want quicker deposits and withdrawals at lower costs.

The downside is that Litecoin is not as widely accepted as Bitcoin, so your betting options may be more limited.

Dogecoin

Dogecoin, a meme, has become a popular cryptocurrency, especially in online communities. With Dogecoin sports betting, the main advantages are extremely low transaction fees and fast transaction speeds, making it appealing for sports bettors who want to move funds quickly and cheaply.

However, Dogecoin’s biggest drawback is that it’s not as widely accepted as Bitcoin. Additionally, its value can be more volatile, which might make it less reliable for larger bets.

Winning Tips for Crypto Sports Betting

These tips are designed to boost your chances of success using crypto sports betting sites.

1. Shop Around for the Best Odds

Shop around for the most attractive odds on each sports bet you place. That will maximize your profits on every successful wager you make. In the long term, regularly finding the best available odds can make the difference between earning a profit and sustaining a loss.

Ideally, it’s best to hold accounts with multiple crypto sportsbooks. You can then quickly compare the odds they’re offering on each pick you make, and you can place your bet at the sportsbook that provides the most considerable potential profit.

2. Conduct Thorough Research

You can access a wealth of pre-game stats before making your predictions. Please take advantage of the stats at your disposal, as they can help you make astute picks. Stick to the sports you know, and don’t bet on every game. Use a combination of gut instinct and advanced statistical analysis to develop intelligent, informed predictions.

Make sure you consider the full range of betting options, too, as some gems can lurk below the most popular markets.

3. Use Parlays Sparingly

Crypto sports betting sites earn far higher margins on parlays (combos, accumulators) than straight bets. That’s because the house edge increases each time you add another leg to your parlay.

As such, it’s best to use parlays sparingly. They can be fun, as they offer the chance to win a massive profit from a relatively small stake. However, placing too many of these bets can seriously damage your long-term chances of success, so it’s best to primarily stick to straight bets, such as the moneyline, totals, and spreads.

4. Seek Arbitrage Opportunities

Occasionally, rival sportsbooks offer significantly different odds on the same game. That allows you to bet on one team at Sportsbook A and wager on the opposing team at Sportsbook B. You can cover both sides of the same bet, and you’ll be guaranteed to earn a profit regardless of the result. This is widely known as arbitrage, although the technical term is “dutching.”

Arbitrage opportunities are rare, but they do appear on a relatively frequent basis. If you spot an opportunity, pounce on it before the odds change.

5. Place Live Bets

Before a game, betting sites can assess vast amounts of data before releasing their odds. It can be difficult for bettors to gain an edge over the sportsbooks, as you’re unlikely to have such advanced models at your disposal.

However, the playing field levels out to a certain extent after a game begins. The oddsmakers are reacting to developments on the field, just like you. As such, it can be easier to find weak lines when a game is already underway. Live betting also allows you to watch the game, assess the strengths and weaknesses of both teams, and then make an educated prediction. You might notice a particular mismatch in one area or spot one team running out of steam, and you can quickly capitalize.

6. Claim Bonuses

Claiming bonuses can boost your budget. Deposit match and free bet bonuses allow you to place sports bets with house money.
Regularly claiming bonuses can improve your prospects of long-term success.

7. Practice Sensible Bankroll Management

Set yourself a budget, which shouldn’t include money you need for rent, bills, groceries, and other essentials. Responsible gambling is paramount. This budget is your bankroll, and it’s essential to manage it carefully. Don’t simply risk your entire bankroll on a single bet. Experienced sports bettors will only wager a small percentage of their bankroll on each prediction.

For example, if you have a $1,000 bankroll, you might first begin the season by placing $20 wagers. That strategy can keep you in the game long enough to ride out any potential winning streaks, and you can always increase your bet sizes if you start building up your bankroll.

Bet on the Go

Thanks to mobile-friendly sports betting sites and their apps, betting on sports with cryptocurrency while you're on the go has never been easier. Whether using a tablet or a smartphone, you can easily place bets and manage your account from virtually anywhere.

To get started with mobile crypto sports betting, choose sites or crypto casino apps optimized for mobile use. Many betting platforms have dedicated mobile apps that you can download directly from the App Store or Google Play Store, or they offer mobile-friendly websites that work seamlessly on any device.

Mobile betting also allows you to track your bets, check live scores, and even participate in live betting, where you can place bets on games as they happen. The convenience of betting on the go ensures you can stay engaged with your favorite sports events and manage your bets without being tied to a computer.

Play Responsibly at Crypto & Bitcoin Sports Betting Sites

The key to enjoying crypto sports betting is to bet responsibly. Here are a few tips to keep in mind:

• Avoid chasing losses or borrowing money to bet
• Only wager with a clear head (this means not using intoxicating substances while betting)
• Manage your bankroll wisely by setting limits and sticking to them
• Learn the gambling laws of your region, including the minimum legal gambling age
• Seek help from reputable groups like Gamblers Anonymous if you feel you need support

Although gambling can be a fun and recreational activity, it can also become problematic in specific individuals who exhibit addictive behaviors.

Maintaining safe, responsible gambling practices is vital for protecting yourself from gambling harm. Our responsible gambling guide contains detailed information about how you can protect yourself.

Final Thoughts on Bitcoin Sports Betting Sites 

The growing popularity of crypto sports betting sites is no surprise. With Bitcoin sports gambling, players enjoy greater anonymity, better bonuses, and more generous odds.

At Webopedia, we ensure that only the best Bitcoin betting sites make it to our list. We choose the best ones because you deserve reliability, funds security, and various choices to bet on–factors not otherwise offered on mediocre or subpar betting sites.

We regularly update this page, adding new sites as necessary. So, check back whenever you’re looking for a trusted crypto sports betting site.

Frequently Asked Questions About Crypto Sports Betting

Here is some additional information on Bitcoin sports betting sites.