The best crypto sportsbooks are becoming more competitive by the day. And, with the online sports betting industry embracing digital cash with open arms, more bookies are revamping their crypto sportsbook promotions and adding several other coins as banking options.
After reviewing the most promising crypto sports betting sites, we’ve identified 7 that stand clear above the rest. If you would like to find out more, set aside a few minutes and continue reading. We’ve covered everything below!
Best Bitcoin Sportsbooks in 2022
1. BetOnline – Best Overall Crypto Sportsbook
BetOnline has been a staple of the sports betting industry since 2004 and offers everything from sports betting to live poker tournaments. The site currently supports 12 crypto deposit options including several low-fee coins like Stellar Lumens, Ripple, and Dogecoin.
Unlike many other Bitcoin betting sites, BetOnline hosts a healthy selection of live betting options, the most impressive of which are their NFL and NCAA lines. Of course, the site also accepts pre-match wagers and users can choose between straight, parlay, teaser, and if-win bets.
BetOnline is also known for offering an extensive catalog of prop bets that cover 13 major sports leagues. Common prop bets include passing yards, receiving yards, and number of points per match. If you prefer to bet on teams instead of individual players, game prop options are also available.
A large reason for the site’s continued popularity is its regular betting tournaments, many of which feature prize pools as high as $1 million. These betting competitions usually involve NFL and NBA playoff selection, but UFC parlay tournaments are also common with big fights.
One thing we’d like to see in the future is an improved Esports section with more games to bet on.
Still, what the site lacks in Esports it more than makes up for with a generous selection of deposit bonuses. Along with a welcome bonus of 50% up to $1,000, all Bitcoin deposits come with 10% cashback. The online sportsbook also runs a 35% crypto boost promotion that all existing customers can take advantage of.
Whether you’re a casual punter just looking for a little excitement or an experienced bettor who likes to take advantage of exotic betting options, BetOnline has something for everyone and is easily one of the best Bitcoin betting sites around.
2. Bovada – Best Bitcoin Sportsbook for Customized Props
Bovada is a world-class sports betting site that began operations in 2011. Since then, the Costa Rican-registered sportsbook has become one of the most recognized names in the industry and claims to serve over 20,000 US bettors each month.
The homepage makes it easy to navigate between the available sports betting and casino options and the site never feels unintuitive or difficult to use. Once logged in, you’ll gain access to over 25 sports betting markets, including favorites like the NFL, NBA, Boxing, MMA, and Soccer.
Bovada operates as a ‘square’ online sportsbook, meaning it sets its lines based on what other sports betting platforms have released. By doing this, Bovada’s odds heavily resemble the Public Favorite, making it a great option for those who employ the ‘Bet Against the Public’ betting system.
That said, many users report receiving dual lines from Bovada, meaning the site gives one set of odds to casual/novice bettors while providing experienced bettors with more challenging lines. If your account has a history of well-placed bets, you may be subjected to dual lines.
One other feature worth mentioning is the Prop Builder tool. Implemented in 2020, the Prop Builder lets you design custom bets by selecting individual players from hundreds of different matches. For example, you can bet on Lebron scoring 30 points or more in a game, or Brees throwing over 400 passing yards.
For even more fun, the Prop Builder allows you to include two or more players in a single bet. The players don’t have to be from the same match or even the same sport and the number of betting options is seemingly endless. Unfortunately, the Prop Builder doesn’t support live betting, a fact that may disappoint some bettors.
Like most Bitcoin sports betting sites, Bovada awards new players with a welcome bonus on their first bitcoin deposit. The max a player can claim from this promotion is 75% up to $750 and all funds come with a 5x rollover requirement on both horse and sports betting.
However, if a withdrawal is made before the rollover requirements are met, all remaining bonus funds plus any pending winnings are automatically forfeited.
Given its range of features and betting options, Bovada is easily one of the best bitcoin betting sites we’ve come across, especially for new and casual punters.
3. Cloudbet – Best Bitcoin Sportsbook for Esports
If you’re looking for a Bitcoin Sportsbook that’s serious about Esports, few options compare to CloudBet. It’s a Curacao-based outfit that’s been at the forefront of crypto gambling since 2013.
As of now, Cloudbet hosts popular Esports betting markets including titles like CS:GO, League of Legends, FIFA, and StarCraft. The site also provides users with access to live streaming, meaning you can easily watch every match you bet on.
Cloudbet is also known for its selection of virtual sports betting options, which use high-tech software and computer-generated graphics to simulate live sporting events. These virtual sports matches run 24/7 and feature a new betting period every 3.5 minutes.
The outcome of all virtual sporting events is determined by random number generators, meaning all events are entirely random and no one knows which team is going to win. While virtual sports betting isn’t for everyone, it offers a level of flexibility not available with live sporting events.
Because of its direct buying function, the sportsbook has become popular among those who wish to engage in Bitcoin betting but aren’t familiar with the process of buying and sending crypto. To use this feature, simply enter in a valid credit card, choose which coin you wish to buy and in what quantity, and hit buy.
Additionally, the site is perfect for all types of bettors as Cloudbet accepts micro-stakes as low as 10 satoshi as well as high roller bets of up to 10 BTC. The Bitcoin betting site is also known for having some of the lowest margins around, which can be as low as 2-3% for some leagues. By comparison, many other Bitcoin gambling sites have a margin that ranges from 5-8%.
The major drawback of Cloudbet is that the online gambling site blocks all traffic from the US and UK. Luckily, this block can be easily bypassed by using a quality VPN service like NordVPN.
4. MyBookie – Best Bitcoin Sportsbook for Mobile Betting
MyBookie’s slogan reads ‘bet on anything, anytime, anywhere’ – a mission statement they’ve no doubt delivered on by offering one of the best mobile betting experiences out there.
Once logged on, users can access everything the online gambling site has to offer, including its Bitcoin sportsbook, online casino games, and slots. No download is necessary and the mobile site can be accessed via the mobile browser of your choice.
However, a quality mobile experience isn’t all MyBookie is known for. The site’s welcome bonus of 100% up to $1,000 has also caught the eye of serious bettors. The bonus comes with 10x rollover requirements and a max payout of $500 on all free play bets.
Existing customers can enjoy a 25% sports reload bonus subject to a favorable 5x rollover limit. The betting site also offers punters a weekly Pick’em bonus, an 8% horse rebate promotion, and a generous 250% referral bonus.
All-in-all, MyBookie stands out as one of the best Bitcoin sportsbooks for deposit bonuses on both sports betting and casino games. Furthermore, the betting site offers competitive betting lines on more than 25 sports and over a hundred markets.
Live betting options and NFL quarter lines are also available on MyBookie and, like many Bitcoin betting sites, the site provides users with a highly customizable prop builder tool. However, although five crypto deposit options are supported, only Bitcoin is available for withdrawals.
5. Sportsbetting.ag – Best Bitcoin Sportsbook for Horses
When it comes to horse racing, few Bitcoin sportsbooks compare to SportsBetting.ag. Not only does the site offer highly competitive in-play betting options, but it also makes it easy to place more exotic wagers like Exactas, Trifectas, Superfectas, and Pick-3’s.
Moreover, the site comes with a 9% horse rebate, which is one of the highest track rebates we’ve come across. No minimum volume of bets is required to claim this rebate and there is no imposed limit on how much a player can earn with this promotion.
Sportsbetting.ag lets new players try their Horse betting platform risk-free. To do so, simply open an account and make a $25 bet. If your wager isn’t a winner, the site will reimburse you the $25 or crypto-equivalent. This is only valid for you first ever wager on the site using its unique Live betting software.
Over 15 thoroughbred and harness tracks from seven countries are available along with major events and invitationals like the Breeders Cup and Triple Crown. Big events are usually accompanied by a Prop betting contest that can see participants win tens of thousands of dollars.
Besides horse racing, the bitcoin betting site has over 25 sports betting options for users to choose from, including all the most popular leagues. Unfortunately, the available selection of player and game props leave something to be desired and the futures betting options can be lacking at times.
6. BetUS – Best Welcome Bonus
Since its inception in 1994, few online betting sites have reached the level of popularity as BetUS, and today, the Curacao-based operation hosts one of the more extensive collections of betting options around, including niche topics like politics and entertainment.
Besides selection and reliability, the Bitcoin sportsbook has an attractive welcome bonus of 150% up to $1,875 on their first Bitcoin deposit. These bonus funds come with a 15x rollover requirement and aren’t subject to any max cash-out limit.
Another noteworthy feature provided by BetUS is BetUS TV, a free ‘picks and predictions’ channel that sees top analysts give their insights on the week’s hottest action. There are currently 10 recurring shows, each one dedicated to a specific sport.
If you’re looking for quality insight into upcoming odds offered by NFL, NBA, NHL, or NCAA games, BetUS TV is well-worth checking out. Better yet, the service is 100% free and all past shows can be accessed via YouTube.
The Bitcoin betting site also runs a well-received loyalty program. This program features six tiers and provides players with perks like free withdrawals, access to exclusive tournaments, and bigger bonuses. However, most of the perks are geared towards casino games and not towards sports betting.
7. Stake.com – Top Bitcoin Sportsbook for Anonymity
One of the major advantages of Bitcoin betting is it offers a level of anonymity not available with traditional online casinos. Of course, some Bitcoin sportsbooks require KYC information on all players regardless of what payment option they choose, so if anonymity is what you’re after you best choose wisely.
Luckily, Stake.com is known for rarely performing KYC checks on its customers. However, if you’re thinking about using this sportsbook, the terms of service recommend that all incoming deposits come from private wallet addresses.
Deposits sent from sites like Coinbase or Kraken may be red-flagged by the exchange and lead to the closure of your account and other problems. Because of this, always fund your account using a wallet service like MetaMask or Trust Wallet.
If dealing with crypto wallets and addresses seems like a hassle to you, Stake does offer a convenient direct buy function that works with a credit card, Apple Pay, Google Pay, and Android Pay. However, this method may come with large fees that some users may find unacceptable.
Like Cloudbet, Stake.com blocks all incoming traffic from US-based IP addresses. Once again, getting around this block is easy and can be done using NordVPN.
How We Chose the Best Bitcoin Sports Betting Sites
- Competitive Odds – Some BTC sports betting sites offer more competitive odds than others, and as a result, we only recommend sites that have a reputation for offering the best odds.
- Selection – The more betting options and leagues available the more opportunities you have to win. We’ve considered both major and niche sports and the markets offered for both.
- Bonuses – We strongly favor Bitcoin betting websites that offer a decent welcome bonus with reasonable wagering requirements.
- Update Speeds – The betting markets are in a constant state of flux and odds change rapidly according to bettor sentiment. Because of this, we only picked Bitcoin sportsbooks that are quick to update live betting odds.
Crypto Sports Betting FAQs & Buyers Guide
What Are the Benefits of Crypto Betting Sites?
One advantage of using cryptocurrencies when betting online is the low processing fees. Traditional payment methods such as card payments and money orders can come with fees that range from 5% – 12% of the total transaction. Crypto transactions, on the other hand, are usually processed with very minimal or no fees at all.
Similarly, withdrawal times with cryptocurrency are much faster, and in the case of sites like BetOnline and Cloudbet, your winnings can be in your crypto wallet in a matter of minutes.
Finally, because online sportsbooks would prefer you to make a deposit in crypto, the average Bitcoin welcome bonus is usually much larger than what you would get on a fiat deposit.
Are Crypto Betting Sites Trustworthy?
Not every crypto betting site is safe and reliable. But if you stick to the online betting sites included in our list, you can rest assured that you’re dealing with a regulated and trustworthy outfit.
What Cryptocurrency Should I Use to Fund My Online Betting Account?
It depends on three main things: transaction speed, transaction cost, and price volatility.
- Transaction Speed – Some cryptocurrency networks are faster than others. For example, while a Bitcoin transaction may take up to 25 minutes to complete, Stellar Lumens can be sent from one address to another in just a few minutes.
- Transaction Cost – Every time a cryptocurrency is sent from one person to another, the sender must pay a network fee to cover the transaction. As you may have guessed, some coins have much larger network fees than others. Because of this, Bitcoin withdrawals are more expensive than a Cardano or Dogecoin withdrawal.
- Price Volatility – While Bitcoin and Ethereum may be slower and more expensive to send than coins like Stellar, Cardano, or Dogecoin, their prices are much more stable and less susceptible to price drops. If you plan on keeping a balance in your account, you don’t want to risk a bad market downturn wiping out a good portion of your hard-earned winnings.
When all the above is taken into account, we recommend using stable coins like Tether or USDC to fund your account when possible. That said, some of the best crypto betting sites only offer deposit bonuses for Bitcoin, which is something else to keep in mind.
Can I Withdraw Fiat Currency if I Made My Deposit in Crypto?
No. Although exceptions do exist, nearly all online sportsbooks require users to withdraw their winnings using the same method as their initial deposit. If your initial deposit was made in crypto, some betting sites will allow you to process a withdrawal in a coin/token other than the one you originally used.
Things to Consider When Choosing the Best Bitcoin Sportsbook
- Odds/Lines – Some bitcoin sportsbooks offer more competitive odds than others. Before placing a bet, take a moment to look at a few different sites to see who offers better odds on whatever match you wish to wager on.
- Welcome Bonus – If you’re confident in your picks, a good welcome or deposit bonus can go a long way in increasing your winnings. Of course, it’s always a good idea to check what rollover limit a bonus comes with.
- Variety – Not all Bitcoin betting sites offer the same selection of wagering options. If you enjoy prop bets or an uncommon secondary league, always take a moment to ensure the betting site in question offers what you’re after.
- Withdrawal Speeds – Crypto transactions, in general, are fast and smooth, but not every bitcoin sportsbook has fast withdrawal times. If speedy withdrawals are important to you, stick to sites like CloudBet and Stake.com.
Do Crypto sportsbooks Offer Deposit Bonuses?
Yes. Just like traditional sportsbooks, crypto betting sites offer deposit bonuses to both new and existing customers. In fact, most online casinos would prefer their users fund their accounts using digital currency, and as a result, crypto betting bonuses are typically larger compared to bonuses available on fiat deposits.
Can I Use Coinbase or Kraken to Fund My Bitcoin Sportsbook Account?
Most cryptocurrency betting sites advise against using large exchanges like Coinbase, Kraken, and Binance US to fund your Bitcoin Sportsbook account. These large exchanges have decided not to support the cryptocurrency gambling market and may flag accounts that send money to Bitcoin wallet addresses known to belong to a crypto gambling site.
Top Cryptocurrency Betting Sites Compared
|Sportsbook||Sports Welcome Bonus||Most Popular Betting Markets||Licensing Body|
|BetOnline||50% up to $1,000||NFL, MLB, NCAA, Boxing||Panama|
|Bovada||75% up to $750||NFL, NBA, La Liga, NHL,||Curacao|
|Cloudbet||100% up to 5 BTC||Eports, Dota 2, Counterstrike, Virtual sports, MMA, NFL||Curacao|
|MyBookie||100% up to $1,000||NCAAB, CFB, Soccer, NHL||Curacao|
|Sportsbetting.ag||100% up to $1,000||Horse racing, NFL, Golf, Esports, MLB||Unknown|
|BetUS||150% up to $1875||NFL, NBA, NHL, NCAA, MLB||Curacao|
|Stake.com||None||UFC, English Premier League, Tennis||Curacao|
How to Get Started?
Sign Up for a New Account
To create a new BTC sports betting account, find and click on the ‘New Account’ button which is typically located in the top right-hand corner of the homepage. When selected, you’ll be taken to a page that will ask you to provide your email and create an account password.
Check Your Email
Once you’ve completed the sign-up form, check your email for a confirmation message. When you see the confirmation email, click on the provided link to confirm your account/email address.
Deposit Funds and Start Playing
To deposit funds, find the deposit section of the crypto sports betting website and choose your desired method. When depositing Bitcoin or any other cryptocurrency, the online casino will provide you with a deposit address to which you send the amount of crypto you wish to deposit.
In some cases, the online casino may ask you to provide the sending address so they know which account to credit the funds to. If this process is confusing to you, remember that Cloudbet and Stake.com allow you to buy cryptocurrency directly through their website.
Final Thoughts on the Top Bitcoin Sports Betting Sites
The number of cryptocurrency betting options can be overwhelming and we hope our review of the top Bitcoin sportsbooks has helped make the process easier for you.
If you’re still not sure which site is best for you, consider opening an account with two or three sites – like BetOnline, CloudBet, and Bovada – and see which is most favorable to you.
Whichever option you end up choosing, we wish you luck. Thanks for reading!
DISCLAIMER: 18+ only. Online gambling is intended for entertainment purposes only and carries with it a degree of financial risk. Players must be responsible when gambling online and only wager funds they can afford to lose.
This review is intended as a guide for both newbie and experienced players in choosing the sites they can sign up to. It is not intended as gambling advice and, therefore, does not guarantee any profit or gambling success.
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