Best Crypto Betting Sites
Cryptocurrency
Table of content:
- Best Esports betting sites for crypto payments
- What is Crypto?
- How to use Crypto at esports betting
- Crypto esports betting vs fiat money esports betting
- What is Bitcoin?
- Why is Bitcoin the most used cryptocurrency?
- Other Cryptocurrencies that can be used in esports betting
- Top 5 Bitcoin betting sites
- Pros and cons of using crypto in betting
- FAQ
Crypto is begging to get more and more attention in esports betting and in general. The most known industries have already started accepting cryptocurrency as a valid payment method. Some of the best esports betting sites allow you to bet on today’s top CSGO, LOL, and Dota 2 events safe and with almost every type of existing payment.
The use of digital currencies to make transactions on esports betting sites comes with numerous benefits and advantages and disadvantages. However, the benefits of using them as your preferred payment option outweigh the disadvantages.
But how would you know which betting site does put up with crypto and which one doesn’t? We’ve researched the best esports betting sites to find out which accept cryptocurrencies, so you don’t have to research furthermore.
Best esports betting sites for crypto payments
1xBet
1xBet was launched in 2016, and it has a superb reputation for offering impressive bonuses and supporting numerous languages.
Part of the advantage of using Bitcoin on this esports betting site is anonymity. You also enjoy a fast registration process and a fast withdrawal duration.
1xBit allows the use of over 24 other cryptocurrencies. You can run a multi-currency account, meaning that you get to use more than one cryptocurrency at the same time. On the other hand, the disadvantage is that you can only use cryptocurrency on this esports betting site.
| Cryptocurrency | Min Deposit | Min Withdraw | Payout time |
|---|---|---|---|
| Bitcoin | $1.00 | $1.50 | <1 Day |
| Litecoin | $1.00 | $1.50 | <1 Day |
| Dogecoin | $1.00 | $1.50 | <1 Day |
| Dash | $1.00 | $1.50 | <1 Day |
| Ethereum | $1.00 | $1.50 | <1 Day |
| Monero | $1.00 | $1.50 | <1 Day |
| ZCash | $1.00 | $1.50 | <1 Day |
| NEM | $1.00 | $1.50 | <1 Day |
| DigiByte | $1.00 | $1.50 | <1 Day |
| Bitcoin Gold | $1.00 | $1.50 | <1 Day |
| Bitcoin Cash | $1.00 | $1.50 | <1 Day |
| Ethereum Classic | $1.00 | $1.50 | <1 Day |
| Verge | $1.00 | $1.50 | <1 Day |
| QTUM | $1.00 | $1.50 | <1 Day |
| Ripple | $1.00 | $1.50 | <1 Day |
| Binance Coin BSC | $1.00 | $1.50 | <1 Day |
| Juventus | $1.00 | $1.50 | <1 Day |
| Paris Saint-Germain | $1.00 | $1.50 | <1 Day |
| As Roma | $1.00 | $1.50 | <1 Day |
| Shiba Inu | $1.00 | $1.50 | <1 Day |
| Binance USD | $1.00 | $1.50 | <1 Day |
| Polkadot | $1.00 | $1.50 | <1 Day |
| EOS | $1.00 | $1.50 | <1 Day |
| USD Coin | $1.00 | $1.50 | <1 Day |
| TrueUSD | $1.00 | $1.50 | <1 Day |
| Paxos Standard Token | $1.00 | $1.50 | <1 Day |
| Tether | $1.00 | $1.50 | <1 Day |
| Cardano | $1.00 | $1.50 | <1 Day |
| Dai | $1.00 | $1.50 | <1 Day |
| Chainlink | $1.00 | $1.50 | <1 Day |
| OMG Network | $1.00 | $1.50 | <1 Day |
| Basic Attention Token | $1.00 | $1.50 | <1 Day |
| Tron | $1.00 | $1.50 | <1 Day |
| Stellar | $1.00 | $1.50 | <1 Day |
1xBet Bonus Calendar
Another great thing about this betting site is that you have a Bonus Calendar. You can look it up in advance to see what promo is up next.
Stake
Stake is one of the top esports betting sites in the industry. It allows deposits and withdrawals in other digital currencies apart from Bitcoin, such as DOGE, Ethereum, Litecoin, Tron, and Bitcoin Cash.
The bad part is that you won’t have a Welcome Bonus if you use crypto. Don’t worry though, you get other things such as fast cashback, VIP benefits, bonuses.
| Cryptocurrency | Min Deposit | Min Withdraw | Payout time |
|---|---|---|---|
| Bitcoin | $50 | 0.0005 BTC | 1 Day |
| Litecoin | $50 | 0.1 LTC | 1 Day |
| EOS | $50 | 2 EOS | 1 Day |
| Tron | $50 | 250 TRX | 1 Day |
| Ripple | $50 | 30 XRP | 1 Day |
| Doge | $50 | 50 Doge | 1 Day |
| Ethereum | $50 | 0.01 ETH | 1 Day |
| Bitcoin Cash | $50 | 0.04 BCH | 1 Day |
arcanebet
This is a dedicated esports betting site that facilitates Bitcoin payments to wager on esports events. arcanebet allows you to bet on classics like LoL and CSGO to lesser-seen titles like King of Glory and Rainbow Six.
You can make Bitcoin deposits and withdrawals at arcanebet from a value that is equivalent to €10. The processing time takes about 15 minutes. Unfortunately, you can’t claim your Welcome Bonus if you’re sign-up with Bitcoin.
| Cryptocurrency | Min Deposit | Minimum Withdrawal | Payout time |
|---|---|---|---|
| Bitcoin | $10 | $10 | <1 Day |
Thunderpick
Thunderpick made its mark in the esports betting world through its easy user experience and by accepting altcoins. Besides Bitcoin, you can use other cryptocurrencies such as Bitcoin Cash, Litecoin, Ethereum, Tether, and also fiat payment methods.
Using Bitcoin with Thunderpick comes with various benefits. The first one is the anonymity of your esports betting account as long as you stick to crypto, rather than other fiat payment methods. Another one is the fact that your processing withdrawal time is 15 minutes.
| Payment Method | Min Deposit | Min Withdrawal | Payout time |
|---|---|---|---|
| Bitcoin | $7 | $12 | 1 Day |
| Ethereum | $42 | $42 | 1 Day |
| Litecoin | $3 | $10 | 1 Day |
| Tether | $1 | $10 | 1 Day |
| Ripple | $1 | $10 | 1 Day |
| Bitcoin Cash | $1 | $10 | 1 Day |
| Binance Coin | $6 | $10 | 1 Day |
Cryptobet
Although CryptoBet has been operating only since 2019, it has plenty of features that make it competitive on the market.
It’s an innovative bookmaker that offers a wide range of sports and live betting options. The site accepts more than 16 cryptocurrencies including Bitcoin, USD Coin, Dash.
The website is user-friendly, and the platform is compatible with almost any modern mobile device. Hence, it makes it easy to play on the go and enjoy gambling at any time with cool welcome bonuses and offers.
| Cryptocurrency | Min Deposit | Min Withdraw | Payout time |
| Bitcoin | $10 | $35 USD | <1 Day |
| Ethereum | $10 | $35 USD | <1 Day |
| Tether | $10 | $35 USD | <1 Day |
| Litecoin | $10 | $35 USD | <1 Day |
| USD Coin | $10 | $35 USD | <1 Day |
| Dash | $10 | $35 USD | <1 Day |
| Ripple | $10 | $35 USD | <1 Day |
| Bitcoin Cash | $10 | $35 USD | <1 Day |
| Binance Cash | $10 | $35 USD | <1 Day |
| Doge | $10 | $35 USD | <1 Day |
Cloudbet
Cloudbet is a known crypto casino site, which has been running since 2013. The site has an online gambling licence from Curaçao. Cloudbet a good choice because it accepts almost all cryptocurrencies available, including Bitcoin, Bitcoin Cash, Ethereum, Pax Gold, USD Coin, Link, and others.
Besides the fair offer of cryptocurrency payments, Cloudbet offers a nice crypto welcome promotion for new players. Their Welcome Bonus offers a 100% matched deposit bonus of up to 5 BTC (or crypto equivalent).
| Cryptocurrency | Min Deposit | Min Withdraw | Payout time |
|---|---|---|---|
| Bitcoin | 0.0001 BTC | 0.0001 BTC | <12 Hours |
| Bitcoin Cash | 0.0001 BTH | 0.0001 BTH | <12 Hours |
| Ethereum | 0.0001 ETH | 0.0001 ETH | <12 Hours |
| Tether | 1 USDT | 1 USDT | <12 Hours |
| USD Coin | 1 USDC | 1 USDC | <12 Hours |
| Paxos | 1 PAX | 1 PAX | <12 Hours |
| PAX Gold | 0.001 PAXG | 0.001 PAXG | <12 Hours |
| Datum | 1 DAT | 1 DAT | <12 Hours |
| Link | 1 Link | 1 Link | <12 Hours |
| Doge | 1 Doge | 1 Doge | <12 Hours |
| Litecoin | 0.0001 LTC | 0.0001 LTC | <12 Hours |
| Dash | 0.0001 DASH | 0.0001 DASH | <12 Hours |
Sportsbet
Sportsbet.io established its dominance on the market by offering a variety of esports titles and events to bet on. You can use Bitcoin on this site but can also choose other digital currencies such as LTC, ETH, BCH, and SOC. You can also use other payment methods apart from cryptocurrencies such as Visa, MasterCard, Ecopayz, and PaySafeCard.
However, the downside is that you can’t access it from everywhere you go. It is not legal in many countries outside the USA.
| Cryptocurrency | Min Deposit | Min Withdraw | Payout time |
|---|---|---|---|
| Cryptocurrency | Min Deposit | Min Withdraw | Payout time |
| Bitcoin | 0.00025 BTC | 0.0005 BTC | Instant |
| Ethereum | 0.005 ETH | 0.01 ETH | Instant |
| Doge | 40.00 Doge | 80.00 Doge | Instant |
| Ripple | 10.00 XRP | 20.00 XRP | Instant |
| Litecoin | 0.005 LTC | 0.01 LTC | Instant |
| Tether | 10.00 USDT | 20.00 USDT | Instant |
| Tron | 100.00 TRX | 200.00 TRX | Instant |
| Cardano | 5.00 ADA | 10.00 ADA | Instant |
| AllSports | 100.00 SOC | 200.00 SOC | Instant |
Betonline
Betonline is one of the few online betting sites that can be accessed by almost everywhere in the world. They were established in 2004 and their dedication to customer support is fantastic.
You can use Bitcoin and get many promos and bonuses. Another advantage is that you can use payment methods in many countries, including the UK, Canada.
The downside of this site is the user experience, the website is hard to use, and you have to convert the currency to USD before placing a wager.
| Cryptocurrency | Min Deposit | Min Withdraw | Payout time |
|---|---|---|---|
| Bitcoin | $20 | $20 | <1 Day |
Pinnacle
Pinnacle is the right choice for people that want to be extra safe. They have a long history of good security and always improving. This site has been operating for over 20 years and is fully licensed and can be trusted to hold your Bitcoin.
On this site, you can bet on games like Call of Duty Mobile, Magic the Gathering, and King of Glory, alongside the bigger esports games like Overwatch, LoL, and Valorant.
| Cryptocurrency | Min Deposit | Min Withdraw | Payout time |
|---|---|---|---|
| Litecoin | €5 | €10 | <12 Hours |
| Tether | €415 | €415 | <12 Hours |
| Bitcoin | €5 | €10 | <12 Hours |
Bitcasino
Bitcasino.io is owned and operated by Moon Technologies B.V., and it is licensed and regulated by the Government of Curaçao. Bitcasino is the first Bitcoin-licensed casino, and it has awesome offers and monthly promos.
You can bet on CSGO, LoL, Dota2, Overwatch, Rainbow Six Siege, Valorant, and Starcraft II. Bitcasino accepts:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- TRON (TRX)
- Tether (USDT)
- Cardano (ADA)
- Ripple (XRP)
- Doge Coin (Doge)
The bad part about Bitcasino is that esports betting was not available when this review was made. Hopefully, it will be available soon.
| Cryptocurrency | Min Deposit | Min Withdraw | Payout time |
|---|---|---|---|
| Bitcoin | 0.00025 BTC | 0.0005 BTC | <12 Hours |
| Ethereum | 0.005 ETH | 0.02 ETH | <12 Hours |
| Litecoin | 0.05 LTC | 0.1 LTC | <12 Hours |
| TRON | 100 TRX | 200 TRX | <12 Hours |
| Tether | 10 USDT | 20 USDT | <12 Hours |
| Cardano | 5 ADA | 10 ADA | <12 Hours |
| Ripple | 10 XRP | 20 XRP | <12 Hours |
| Doge | 50 DOGE | 100 DOGE | <12 Hours |
N1 Bet
N1 Bet is a newly released site, that is still developing and marks its way up to the top in the market. N1Bet does offer an excellent range of transactional options for customers, including Bitcoin and Ethereum.
N1Bet is an easy-to-navigate site with a cool design. However, it is still developing, and it is not quite up to the standards.
| Cryptocurrency | Min Deposit | Min Withdraw | Payout time |
|---|---|---|---|
| Bitcoin | 0.00001 BTC | 0.0004 BTC | Instant |
| Ethereum | 0.01 ETH | 0.005 ETH | Instant |
| Litecoin | 0.01 LTC | 0.01 LTC | Instant |
| Bitcoin Cash | 0.001 BTH | 0.001 BTH | Instant |
| Tether | 0.01 USDT | 0.01 USDT | Instant |
| Doge | 1 Doge | 0.01 Doge | Instant |
What is crypto?
A cryptocurrency is a digital currency that is based on cryptography. It is difficult to counterfeit because of the cryptography security feature.
The main point of cryptocurrency is to resolve the problems of traditional money by putting the power and responsibility in the currency holders’ hands.
Cryptocurrency can be owned by anyone, unlike fiat money. The state cannot regulate cryptocurrency. Its value is not subject to a country’s political whims or a central bank’s monetary policy.
Another positive aspect is that it is pretty impossible to be forged.
Cryptocurrency operates on a blockchain, which is made with encrypted data. The “chain” is the public database in which the blocks are stored and sequentially related to each other.
How to use crypto at esports betting
Before you go and purchase any altcoin, you should know how to withdraw and deposit with them. This will give you an idea of how easy it is and saves some time in the future.
First, you will need to look into Bitcoin or any cryptocurrency that excites you and is accepted by bookies. Do some research into this if you don’t already own crypto.
Second, you’ll need to download and set up a cryptocurrency wallet. This is pretty easy, you just have to pay attention. After you found a trustworthy app that will set up your wallet, you’re ready to start your transactions.
The most important part of this step is the seed phrase. You have to be careful with it because you’ll lose your rights to the wallet if you lose it.
This seed phrase is the key to accessing your altcoin wallet. You should keep it safe and secure, as anyone with this seed phrase can access and withdraw your digital currencies from the wallet.
Once you finished this step, you are good to go. Now you can start making transactions with your crypto.
Now you have to create your betting account and choose your deposit option. Select the altcoin option, provide the seed phrase and the details needed. For withdrawing is the same process. Choose your altcoin as a preferred option and follow the steps.
Crypto esports betting vs. fiat money esports betting
If you got this far into our review, you might ask yourself, “What is the difference between betting with crypto and traditional money?”.
The first difference is the speed of the transactions. Both types of money can be regularly deposited and withdrawn pretty quickly. Bitcoin transfers usually take less time to be processed, than fiat money.
For example, arcanebet takes about 4 days to cash back you on your Visa/MasterCard, but only one day to process and cash out on your Bitcoin account.
Another difference is the fees. Fees depend on the bookmaker that you decide to use. Yet, most esports betting sites do not take fees (or take minimal) while using crypto compared to traditional money betting.
One of the main benefits of crypto is that it offers anonymity. Of course, you can’t make an account without your ID and address. But because you are using crypto, that can be enough.
What is Bitcoin?
Bitcoin is a digital currency developed in 2009 by Satoshi Nakamoto, the software developer. From the beginning, it was one of the most popular cryptocurrencies out there. Besides that, nowadays, Bitcoin also establishes a form of dominance in the market. The price of Bitcoin skyrocketed into the thousands in 2017 and remained high.
Who accepts Bitcoin?
In 2021 more and more big companies started accepting Bitcoin as a payment method. Besides some online gambling sites, Microsoft, Twitch, Starbucks, and Amazon started accepting Bitcoin.
Why is Bitcoin the most used cryptocurrency?
Well, first, because it is the most popular crypto.
International payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Bitcoin offers one of the best securities among the altcoins. Another important aspect is that Bitcoin is the most valuable altcoin on the market.
What other crypto can be used for esports betting?
Most of the esports betting sites that accept Bitcoin, also accept other cryptocurrencies, such as:
- Bitcoin Cash (BCH),
- Ethereum (ETH),
- Paxos Gold (PAXG),
- Tether (USDT),
- USD Coin (USDC),
- Dai (DAI),
- Paxos (PAX),
- LINK,
- DOGE,
- DASH,
- Litecoin (LTC),
- Cardano (ADA)
- Ripple.
Top 5 Bitcoin betting sites
We already talked about the esports betting sites, but here is our top 5 Bitcoin betting sites table with amazing bonuses. Not all the casinos offer Welcome Bonuses for crypto users, but there are some with remarkable offers.
| Rank | Casino | Type | Bitcoin Bonus |
|---|---|---|---|
| 1 | Cloudbet | Welcome Bonus: | 100% matched deposit bonus in up to 5 BTC. |
| 2 | 1xBet | Welcome Bonus | 100% matched deposit bonus up to $100 |
| 3 | Sportsbet | Daily Bonus | Daily Price Boost up to 20 BTC |
| 4 | Stake | Event Bonus | CSGO Stockholm Major — First Map Insurance |
| 5 | Thunderpick | Welcome Bonus | 5% matched deposit up to $500 |
Pros and cons of using crypto
Pros
No Fees
As mentioned before, online gambling with Bitcoin or other cryptocurrencies doesn’t have that many fees.
Banks, cards, e-Wallets, and online payment systems might have taxes for transactions. However, neither the esports betting sites nor the cryptocurrencies don’t usually have fees on transactions.
Security
The wallet that you keep your crypto in, is a safe place as long as you keep your seed phrase secret. No one can hack, obtain or have any kind of access to that wallet without you knowing it.
Another aspect of transactional security is the technology crypto works with. This technology is known as the blockchain and basically requires that all the computers within the network of a crypto transaction need to confirm the transaction. When you deposit or withdraw from your esports betting account to/from your crypto wallet, all the computers involved will confirm and verify the transaction.
No tax on winnings
Another major advantage is that no government can access your crypto wallet as they would require your seed phrase to do that. So all your winnings from the esports betting activities go directly to you without any taxation from the government.
Cons
Errors
With fiat money, you have an account number, but with crypto, you got a wallet address. If you hurry or don’t pay attention when you are entering it, you might lose all your funds. If you write a digit wrong, you most probably end up in another person’s wallet. Unlike traditional money, where you can track the bank account and resolve the issues, while using crypto you can’t find. When you create your altcoin wallet, most of the time you don’t have to give your details.
Therefore, you better double-check the digits when entering your altcoin wallet address.
Fluctuations of the value
One of the most important disadvantages of cryptocurrency is the fact that its price is volatile. That means that it can sometimes be tough to know how much you are wagering with. However, volatility is going to happen to the price while you’re holding Bitcoin anyway.
Network Fees
We said before that esports betting sites and wallets don’t charge transaction fees, but you might have to pay a network fee.
This network or gas fee is usually a percentage of your transaction. Its amount depends on how much you want to deposit or withdraw.
It is critical to mention that the fee on bitcoin transactions is constantly changing and cannot be compared to the banks’ fees.
FAQ
Best Betting Sites for Crypto FAQs
Is it safe to bet with Bitcoin?
Yes. Bitcoin is the most reliable and popular cryptocurrency, it guarantees safe and fast transactions. If the bookie you choose has a valid licence and good reviews, you don’t have to worry about the currency you bet with.
The thing you need to pay attention to is the fluctuation of Bitcoin
Is it better to bet with crypto, rather than money?
Betting with Crypto has its pros and cons. The advantages of crypto are the security and the lack of taxes on the winnings. The disadvantages are the value fluctuations and the network errors.
Can I bet with both Crypto and traditional money?
It depends on the bookmaker’s policy. Some esports betting sites will not allow you to have altcoins and fiat money in the same betting account. Some bookies allow having a multi-crypto account.
How do I withdraw Bitcoin?
1. Set up your wallet if you didn’t do it so far.
2. Log into your account
3. Select the number of Bitcoin you want to withdraw
4. Complete de steps that appear for authentication
5. Done!
Is it legal to bet on esports with Bitcoin?
It is a complicated question, but the short answer is YES in most countries. Basically, if esports betting is already legal where you live, then betting with Bitcoin it’s also legal.
How do I bet with Bitcoin?
1. Find a Bitcoin Betting site or choose one from our list
2. Find an Exchange –You can skip this step if you already own a cryptocurrency.
3. Buy Bitcoin or the crypto you want to use
4. Deposit Bitcoin with the Bookmaker
5. Place a Bet
Do cryptocurrency esports betting sites offer any bonuses or promotions?
Yes, some online esports betting sites offer Welcome bonuses and time to time promotions. The offers can be used by both newbies and loyal users.
