Best Bitcoin Sportsbooks 2021

The bonuses can range from the book matching every dollar you deposit up until a certain amount. The main difference between a Bitcoin sportsbook and regular fiat currency sports betting site is the fact that crypto currency is used. Bitcoin is a decentralised crypto currency that allows players to wager on sports anonymously, as well as allowing Bitcoin sportsbooks to provide low fee options for bettors. In addition to this, because Bitcoin betting sites aim to be as anonymous as possible, bettors don’t have to provide any personal information whatsoever when it comes to signing up. This means that bettors generally feel a lot safer when placing Bitcoin sports bets, as none of their personal information is accessible. Depending on the sportsbook, there are a variety of welcome bonuses available.

While many still wonder where it’s useful, sports bettors and sportsbooks have welcomed it with open arms. If you’re new to Bitcoin, we’ll do a brief intro into the cryptocurrency for you but in this article, we’re mostly going to focus in on why it’s so useful for Bitcoin sports betting. The table below displays the best Bitcoin sportsbooks in order of their average rating. To understand more about how the average rating works then head over to our Sportsbook Ratings page or read our matching sportsbook review if available. All of the sportsbooks listed in the table accept Bitcoin as a deposit and withdraw method. The majority of these sportsbooks convert your BTC into USD, so USD is the currency you’ll be gambling.

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Bitcoin is still a relatively new payment option in the gambling world. It still does not have the popularity and recognition that fiat currencies do. Because of that, a lot of Bitcoin sportsbooks offer exciting bonuses to players who use bitcoin to place bets and withdraw their winnings. Bitcoin sportsbooks provide different types of bonuses including refunds, 1st deposit bonuses, free spins with Bitcoin payouts, and so on.

After all, the cause for most of the issues and disadvantages you could think of are fiat currencies. The truth is that there aren’t many problems that gamblers using BTC betting will encounter. You will encounter many problems like withdrawal delays, lengthy registration problems, verification problems, and many more at traditional online casinos.

Bonuses

This is great news for those who would like to remain anonymous when gambling on the internet, Cryptocurrency lets you do this with your bookmaker. If you can’t find odds for it at Vietbet, you can’t find odds for it anywhere. Straight bets, parlays, round robins, teasers, pleasers, reverses, if bets, and Asian handicaps are the bet types that await you at Vietbet. Even if you don’t have a Bitcoin wallet or don’t know how to operate one, BetUS has helpful step-by-step instructions to point you in the right direction.

Traditional sites need a laundry list of items before they will process withdrawals, even during the sign-up process they require a lot of personal information. Your name, phone number, home address, age, and email are the minimum amount of information they require. The biggest thing to note about bitcoin is that the value fluctuates constantly.

Any issues or questions I’ve had were immediately addressed by their support staff. Cashing out via Bitcoin takes less than a day, incredibly quick payout method. Hold your own wealth and never depend on anyone else for your financial security Find the most secure and private wallets with BitReview. Find the best exchanges for the trading of crypto futures, spot margin, CFDs and Forex. All odds are accurate at time of publishing and are subject to change. Log in to the bookmaker of your choice and head over to the deposit page where you can select Bitcoin to make your payment.

CryptoCasinos highlights the different cryptocurrencies that are processed by each sportsbook, so you can immediately see if your cryptocurrency of choice is being accepted. According to our research we found that the six most popular cryptocurrencies that crypto sportsbooks offer are Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dogecoin and Tether. Note that after you have signed up with a sportsbook there is no obligation to deposit and bet, so if you don’t like the look of it you can always decide to go with another sportsbook.

What Is Crypto Block Explorer?

If you’re a newcomer to sports betting with bitcoin who just wants to test the waters, then 1xBit offers some of the best welcome bonuses. Stake and Sportsbet both have a clear advantage compared to other sports betting bitcoin sites because they offer a depth of lines, competitive odds, and a great variety of sports. While most crypto sports betting sites offer similar sports, some of them offer exclusive https://topcoinsmarket.io/ sports to bet on. Aside from the welcome package, Betflip offers a long list of bonuses for crypto sports betting. 1xBit was launched back in 2016 and is one of the highest-rated cryptocurrency sports betting sites due to its extensive list of games, promotions, and languages. BetOnline is one of the most popular crypto sports betting sites for US players, even though it’s accessible almost worldwide.

I am still active as a trader today and try to simplify the entry and trading for beginners by my articles and pass on my knowledge. That is why I have been working as an editor for bitreviews since 2020. It would be quite upsetting for you to know that nobody is going to pay you the amount stored up on your account. It should not happen with larger resources, but no one can feel secure against a scenario when someone is suspicious about one’s strategy.

Parlay betting allows the player to stack up games in order to enlarge their win. Usually, up to three games are required to place a parlay bet. The player can also use point spreads and moneylines to be stacked on a parlay. Sportsbooks root the payouts by the current trends across the betting market; this is the reason why the payouts are much less than the bets themselves. Betcoin.ag boasts an immaculate security sheet, with 2FA protection for all accounts, withdrawal confirmation emails and a cold storage for all of their users’ funds. The staff at Bovada have gone the extra mile in creating a comprehensive help page with information on everything from account creation to withdrawing funds.

• Equally, bettors will see “mBTC” as a payment method on sportsbooks, with the “m” referring to the milli, which represents the unit one-thousandth of the base unit.
• Quite often, bookmakers will have flat fees on withdrawals, and on the very rare occasion deposits too, so in this case, it’s irrelevant what method you are using.
• Many Bitcoin betting sites use encrypted connections to ensure extra levels of privacy and security.
• This can happen if the sportsbook does not adhere to the laws and other regulations, like responsible gambling rules.

So if you win big and are restricted to one withdrawal a week, by the time you withdraw everything, crypto may have made it worth less than it was at the time of you winning big. This way, if you win big, you can cash out your profits right then and there and transform them back into something stable like a stable coin or fiat. Sportsbet and Stake, for example, are fully licensed under the laws and regulations of Curacao — which is a country known for being gambling-friendly. Experiment with them before settling on one or two — that way you’ll be able to switch between the ones that are the most enjoyable or profitable. Betflip is available to players from pretty much worldwide.

Bitcoin Sportsbooks Key Advantages

Source: topcoinsmarket.io