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Bitcoin Betting Guide

How to use Crypto for Sportsbook Bets

Last Updated on 20/02/2024

Bitcoin betting has started to really take off, not just in the US but around the globe. There is less hesitation to use the digital currency for sports betting and casino gaming these days.

With that said, you still need to find a betting site that offers you a safe and secure gambling experience. Our Bitcoin betting guide is here to help you in this regard. We shed some light on what these sites should be making available to you and how you can make sure that they are safe to use.

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Compare our top Bitcoin bookmakers

Who should make use of the comparison? – all Bitcoin enthusiasts!

People have slowly but surely become more inclined to use Bitcoin as their primary payment method for online gambling. Where the idea of a digital currency was once shrouded in mystery and even a little scary, it is far more accessible and easy to use these days.

With a plethora of Bitcoin betting sites to choose from right now, players may not be sure which of these platforms they can trust. Fear not, our comparison gives you all the information you’ll need to pick an exciting and trustworthy Bitcoin betting app or site. We review and rank all of these platforms to see which of them are offering you the best betting experience right now.

Our comparison is perfect for new players that have maybe been wary of dipping their toes into the Bitcoin betting pool. We ease your transition into this sphere of online betting by showing what these sites offer you, how you can create your accounts, how to make your first deposit, and much more. You can rely on our reviews of these brands to give you all the information you need.

It’s also worth mentioning that we are always updating our platform with new reviews. There are plenty of new sites on the block that are vying for the top spot which is why we always keep our finger on the pulse to see which of these new platforms are worth using.

5 things to look for when reviewing Bitcoin betting sites

One of the key ways to show you how to use Bitcoin for sports betting is to first make sure that these sites are legitimate and safe to use. That’s why we have put together five key points to keep in mind before you sign up for any of these platforms:

1. Legitimate licensing:

Licensing should always be the first thing you look out for, whether you are trying to sign up for one of the best Dogecoin betting sites or a top-notch Bitcoin sports betting site. When we conduct reviews of these platforms or create our Bitcoin betting guide, we always make sure to see who has issued these sites with their gambling licenses. A Bitcoin betting platform will be operating with a gambling license that has been issued by a legitimate gambling authority.

2. Platform security:

When you use the best Bitcoin betting sites, you will need to create an account that has sensitive information like your deposit details and your password to log in. To feel safe while you place your bets on these platforms, take some time to see what security measures they have in place. We always start with whether or not the brand is using formidable encryption software to layer your data. Aside from that, we would also check to see whether there are any additional features like two-factor authentication for your deposits and logins. The more security options you have to secure your account, the better.

3. Terms and conditions:

Reading through a bunch of terms and conditions is not exactly what you would call an exciting prospect but it’s worth doing when you are checking out these sites. If the terms and conditions the site provides are muddled and difficult to follow, that is not a great sign. We expect these terms and conditions to be transparent and easy to follow for players, especially when it comes to claiming any promotions or bonuses on these sites.

4. Customer support:

As a new player or even as a veteran of Bitcoin betting, there will always come a time when you need a helping hand with something. A top-quality Bitcoin betting site should be making several contact methods available to their players such as a live chat feature, telephone number, email address, and even direct messaging via social media, as we saw with our Stake.com review. The service they provide should also be efficient, professional, and available 24/7 to deal with player questions and concerns.

5. Privacy policies:

Bitcoin betting sites are required to have their privacy policy available on their sites for users to read. However, some of these platforms will make it more difficult for you to either access the policy or they will make it a painstaking task to understand what is being said. A trustworthy Bitcoin betting site will not only make their privacy policy easily accessible but will also be clear and direct about what they are doing with their players’ data while they bet.

Editor’s recommendation – kick things off with 1xBet

When it comes to having a multitude of betting options and a ton of casino games to play, there aren’t many better options than 1xBet. 1xBet is one of the best crypto betting sites around right now and for very good reason.

If Bitcoin sports betting is the name of the game for you, 1xBet has everything you need. With a plentiful supply of crypto deposit methods and every major sports league and tournament you could ever hope to bet on, the 1xBet platform does it all. If you feel like dabbling with a few casino games in your downtime, you can find a number of the best slots and table games on the site as well.

We definitely can’t forget to mention that 1xBet currently offers new players on their site the chance to claim a super welcome bonus. If you are so inclined, you can cash in on a 100% matched deposit bonus. You can use the bonus on any of the available sports that 1xBet has on their platform right now.

As far as we could tell with our 1xBet review, this is a platform that can be trusted and wholly enjoyed by its players. 1xBet does it all with its exceptional sportsbook and casino options.

Choosing a suitable Bitcoin betting site for yourself

At the end of the day, no two Bitcoin betting fans are the same. There are so many elements to these platforms and everyone is attracted to them for different reasons. If you are looking for something very specific with either the best Bitcoin betting sites or the best Ethereum betting sites, then it can be a bit of a painstaking task to find a site that gives you exactly what you want.

That is where we step in to help you. A great place to start to find what you are looking for is with our comparison overview where we show you what Bitcoin betting sites are currently sitting at the top of our rankings. If you want to find out about the specifics of these sites, then our comprehensive platform reviews will show you what each of them has to offer. Let’s think about a few features that you might want to have available to you on these sites:

Live streaming:

This is not always a feature that players are after but there are Bitcoin betting fans who enjoy being able to watch the live matches on the betting platform they are using. Live streaming features aren’t always available with Bitcoin betting sites or even the best Litecoin betting sites but our reviews will show you what platforms currently offer you this service. You will quickly be able to locate a betting platform with live streaming capabilities when you use our reviews or our Bitcoin betting guide.

Bonus offers:

Some Bitcoin betting enthusiasts are simply after a generous bonus offer that they can use to test these sites out. Bonus offers are fairly common but the genuinely exceptional bonus offers are few and far between. Our reviews give you all the details on these bonus offers so you know exactly which of them are going to be up your alley.

Your preferred deposit method:

Players who are after a quality Bitcoin betting site might only be able to place their bets if they have a certain deposit method that they can use. Having your preferred deposit method available to you is crucial, as you will be making plenty of deposits to fund your bets. We cover the payment methods on these platforms in great detail with our reviews so you’ll know whether or not a site has your preferred method or not.

How to use Bitcoin for sports betting – 5 useful tips

Instead of simply pointing out how you can find the best Bitcoin betting sites, we wanted to also give you a few useful tips to keep in mind when you ultimately sign up for your ideal platform as well. Keep these tips in mind when you are ready to place your first Bitcoin sports bets:

Make use of promotions

Whether you are using the best crypto betting app or just placing your bets with your laptop, always keep an eye out for a few handy promotions. The best Bitcoin betting sites will typically have a few different promotions running at once, in addition to their welcome bonus. These promotions can give your bets a nice little boost, whether they are free bet offers or nifty odds boosters, it all adds up.

Building your bankroll

Something that we will always recommend to our readers is to set a budget. Once you have set yourself a reasonable budget, you can then start to build your bankroll with reasonably sized bets. Approaching your Bitcoin betting in this way can help you to avoid making frequent deposits. So, set yourself a budget, keep your bets small at first and try to build your betting funds. Remember, never spend more than you are already willing to lose in the first place.

Play to your strengths

There is no shame in sticking to the sports you know best. If you are trying to build your bankroll, there is simply no reason for you to be betting on sports and leagues that you are unfamiliar with. While betting is supposed to be fun, you also want to give yourself the best chance for success as well. Once you have started building your bankroll by betting on sports you know well, you can always branch out into other sports later.

Use more than one platform

It may seem like you need to choose one betting platform and stick with them but this is not the case. In fact, you are doing yourself a favor by choosing two to three different sites to use. You will more than likely enjoy using one of these sites more than the others but it’s all about giving yourself access to valuable betting chances. There will be variances between the odds that these platforms offer on the same fixture so it’s worth your while to see which of these sites are giving you the best value for your money.

For example, if you are trying to conduct some CS:GO Bitcoin betting, you can compare the odds for certain matches between the three platforms you have signed up for. Loyalty is great and all but at the end of the day, you are trying to get bang for your buck.

Vary your betting markets

Just as you should shop around for the best odds with Bitcoin betting sites, it’s also a good idea to vary the betting markets you use. These Bitcoin betting sites will generally have hundreds of different betting markets for you to choose from. While sticking to sports you know best, try to vary your betting markets as this can give your bets added value and the chance to take home bigger winnings. Don’t let the prospect of bigger winnings derail you from betting intelligently though.

Conclusion to our Bitcoin betting guide

Bitcoin betting can be a really exciting prospect for newcomers in the industry. However, it’s crucial that you find a platform that is not only safe to use but that also offers you enough in the way of sports betting options, promotions, deposit methods, and customer service. It should now hopefully be clear that our Bitcoin betting guide is here to help you do just that. Be sure to check out our reviews as well to help you get a better picture of what the best Bitcoin betting sites have in store for you.

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Bitcoin betting guide FAQ

âť“Are Bitcoin betting sites safe to use?

This will depend entirely on the platform you choose to use. Not all Bitcoin betting sites were created equal in terms of how well they protect their users while they bet. That is why our Bitcoin betting guide is where you should start before signing up for any platform. Be sure to check out our Bitcoin betting guide to learn more about how to sign up to platforms that do the utmost to protect their players.

🏀How do I use Bitcoin for sports betting?

If you have been wondering how to use Bitcoin for sports betting, or even just how to use Bitcoin with the best crypto casino sites, our guide has got you covered. We show you exactly how you can get started with Bitcoin betting from making your first deposit to placing your first bet. If you want to learn more about Bitcoin betting as a whole, make sure you read our guide.

đź’łWhat deposit methods are typically available with Bitcoin betting sites?

It stands to reason that a site that allows you to make Bitcoin deposits would then hopefully allow you to make deposits using other cryptocurrencies and even fiat currencies as well. However, not all of these sites will offer you the same kind of range when it comes to their payment methods. Our Bitcoin betting guide will show you where you can find a Bitcoin betting platform with the widest range of deposit methods right now.

đź’ŻWhat site is currently offering the best Bitcoin betting experience?

This will be somewhat subjective at the end of the day but our Bitcoin betting guide can show you what platforms we think are the very best in the business at the moment. From there, you can decide for yourself which of these sites are hitting the right notes for you personally. So, if you want to know what sites are currently at the top of our rankings, check out our Bitcoin betting guide.

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Users must be 18+. If you are having trouble with gambling then help and advice can be found at gambleaware.org

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

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