Online Betting » Bitcoin Betting Sites

Which Bitcoin Betting Sites are the Best? Step-by-step Guide to Bitcoin Betting

Mike McKean
Editor
Fact checked by: Dave Kuzio
Last Updated on 16.07.2024

Welcome to the fantastic world of Bitcoin betting sites, where next-generation technology meets the adrenaline rush of online betting. In this world, Bitcoin is the king, providing multi-level security, lightning-fast withdrawals, and peace of mind when betting online.

However, not all BTC sites are equal, so we rigorously test to find the best. This review unveils the finest options, evaluating their strengths, weaknesses, welcome bonuses, available sports, and Bitcoin deposit/withdrawal limits. Additionally, we’ll furnish a detailed guide for Bitcoin betting and the criteria for choosing them. Buckle up and delve into our review for an informed decision.

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Compare the Best Online Betting Sites That Accept Bitcoin in 2024

Our Top Picks – The Best Bitcoin Bookmakers

We have put over 20 BTC betting sites to test, evaluating their features and functionalities. The end result is the ultimate list of the three Bitcoin bookies, with 20bet as the best overall. All sportsbooks listed below are definitely Bitcoin betting sites worth checking:

20Bet – Best Bitcoin Welcome Bonuses

20bet main
Multiple betting markets at 20Bet
20bet mobile
20Bet mobile site
  • Bonuses and promotions available with Bitcoin
  • Bitcoin Lightning network
  • Access livestreaming without a deposit
  • Crypto and FIAT payments
  • No Bitcoin purchasing available
  • Max Bitcoin withdrawal of €40,000

Although established in 2020, 20Bet quickly became a staple among Bitcoin bettors. The Cashier section at 20Bet in fact has over 31 crypto options, with well-known choices like BTC, ETH, LTC, and BCH, alongside significant altcoins and stablecoins like BNB, TRX, SOL, ADA, USDT and USDC. Bitcoin is the most used one, but having other similar crypto styles to turn to from time to time is convenient. Bitcoin enthusiasts can use the Lightning Bitcoin network with significantly lower fees, available at only a few Bitcoin betting sites, but note that you can’t buy Bitcoin on site.

By making your first Bitcoin deposit of at least €10 at 20Bet, you’ll gain access to a 100% match deposit bonus of up to €100. This bonus comes with 5x wagering requirements on accumulator bets, which is an accessible offer that’ll help you maximize your Bitcoin deposit. Other promotions available to claim with Bitcoin deposits are forecasts, reload bonuses, bettors tournaments, cash-outs, boosted odds, bet builders, and risk-free bets, all which may contribute to better bets; just note that your winnings withdrawals are capped at €40,000.

Bitcoin betting at 20Bet comes with access to a wide variety of sports, betting markets covering over 50,000 events monthly, over 25,000 live events, quick bet features, and free live streaming services, available without making Bitcoin deposits.

1xBet – Super Fast and Unlimited Bitcoin Withdrawals

1xbet sports betting
Sportsbetting at 1xBet
1xbet esports
eSports betting at 20Bet
  • Bitcoin welcome offer
  • Unlimited BTC withdrawals
  • Over 35 crypto payment options
  • Fee-free Bitcoin deposits and withdrawals
  • Bitcoin purchasing unavailable
  • Approval required for large Bitcoin withdrawals

Established in 2007 as a land-based bookmaker and online since 2011, the 1xBet sportsbook website, with its Curacao gaming license, is a safe bookie for Bitcoin betting. With over 35 crypto payment options, dedicated Android and iOS apps, and availability in 65 languages, it’s certainly one of the more modern Bitcoin betting platforms.

While you can’t purchase Bitcoin directly on the site, Bitcoin deposits are free and instant. Withdrawals can take from 10 minutes up to 24 hours, which is a fast turnaround, especially in contrast with other methods offered on the site; this doesn’t necessarily apply to larger Bitcoin withdrawals though, which require approval, but what makes 1xBet shine is that your withdrawals are not capped.

Other than Bitcoin, 1xBet offers around 70 more payment options, including credit and debit cards, e-wallets, mobile payments, bank transactions, and crypto options, including ETH, LTC, XRP, ADA, Dash, and DAI, so you’ll have plenty of options in case your Bitcoin funds run low.

The great news is that Bitcoin and other options can be used to claim 1xBet bonus offers. 1xBet welcomes its players with a 100% match deposit bonus of up to €100 and many promotions for existing players, prizes on FIFA and FC Barcelona matches, a 100% Bitcoin refund for a goalless draw, no-risk bets on sports and esports, and many more.

Roobet – Bitcoin Sportsbook Newcomer

Roobet main
Roobet sportsbook and casino
Roobet mobile sports betting
Betting is possible on your mobile device
  • 20% Bitcoin cashback
  • Bitcoin purchase available on website
  • Unique virtual currency Roollion
  • Low minimum Bitcoin deposit
  • Fees on transactions
  • Bitcoin maximum withdrawal of $10,000

Known as the fastest-growing crypto sportsbook, Roobet makes our list of the best betting sites accepting Bitcoin. Unlike some other Bitcoin sites, you can actually purchase Bitcoin directly. Other available crypto options are Tether, USDC, Ripple, and Dogecoin. FIAT options are also available, including credit and debit cards, UPI, Astropay, and MuchBetter.

However, Roobet has its own virtual currency, named Roollion. It serves as Roobet’s exclusive currency, equivalent to one dollar’s value of Bitcoin, Ethereum, and Litecoin. Deposits and withdrawals are crypto-focused, with Bitcoin as the premier option; you can deposit a minimum of €10 and withdraw only a maximum of €10,000 using Bitcoin. To withdraw cash, you must first convert the currency to Bitcoin or other fiat currency before initiating the cashout request, and you’ll be subject to fees, albeit small ones.

Regarding welcome bonuses, Roobet takes a different and unique approach. Instead of a match bonus on your Bitcoin deposit, it offers 20% cashback up to €200 daily on your net losses during the previous day. The cashback comes with no wagering requirements, and you can either make a Bitcoin withdrawal or use it to bet on your favourite matches.

Best Bitcoin Betting Sites Comparison Table

To understand how one Bitcoin site compares to another, examine the detailed comparison of our top choices, provided in the table below:

Feature20Bet1xBetRoobet
LicenceCuracao gaming license 8048/JAZCuracao gaming license 1668/JAZCuracao gaming license 8048/JAZ
Welcome Bonus100% up to €100100% up to €10020% cashback up to €200 daily
Sports Covered50+50+50+
Live Betting & StreamingLive bets on every event
Live streaming and animations

Live bets on every event
Multi Live Streaming Video
Live bets on every event
Live streaming and animations
Boosted OddsYesYesYes
Payment Methods41 payment options
Cryptocurrency – 26
Credit and Debit cards – 2
E-wallets – 13
Bank transfer
39 payment options
Cryptocurrency – 27
Cards Deposits – 3
E-wallets – 8
Vouchers – 1
Bank transfer

12 payment options
Cryptocurrency – 7
Credit and debit cards – 2
E-wallets – 2
Bank transfer
Minimum Bitcoin Deposit€10€5€10
Maximum Bitcoin Withdrawal€40,000Unlimited€10,000
Fees on Bitcoin Transactions//€3.96
Mobile AppsAndroid and iOSAndroid and iOSNo
Customer Support ChannelsTwitter, Telegram, Instagram, Email, Live chatPhone Line, Live chat, Email, Imo, WhatsApp, Signal, Twitter, Contact formTwitter, Facebook, Twitch, Telegram, Spotify, Email, Live Chat

What is Bitcoin?

Bitcoin is one of many betting payment methods out there, so what makes it different? Bitcoin is a decentralized virtual currency you can buy, sell, or exchange. Created on January 3, 2009, by Satoshi Nakamoto, Bitcoin was a breakthrough since it operates entirely peer-to-peer without banks, governments, or intermediaries such as PayPal or Visa to make monetary transactions. Bitcoin isn’t only the first digital currency but also the most trusted and used of the 19,000 cryptocurrencies on the market today.

The value of Bitcoin has surged significantly since its inception in 2009. As of today, one BTC is approximately valued at €47,605, a stark rise from its earlier price of less than €150 per coin. Since there will only ever be 21 million bitcoins, many experts think their price will keep increasing.

Many sports bettors around the world appreciate the privacy Bitcoin offers. Unlike credit cards or bank accounts, you don’t need to give your real name, home address, phone number, or ID card to buy Bitcoin. That’s why betting sites with Bitcoin are growing in popularity among sports bettors globally.

How to Get Started With Bitcoin Betting Sites

As a sportsbettor, you’re probably wondering how to start betting with Bitcoin in your wallet. We have good news! The Tribal Football team will guide you through the process, from funding your account with Bitcoin to making your first Bitcoin withdrawal.

How to Make Your First Bitcoin Deposit

The first thing to do is choose a reputable betting site or launch one from our list:

  1. Register your account.
  2. Visit the Cashier section.
  3. Select Bitcoin as payment method.
  4. Once you select Bitcoin as a payment method, the sportsbook will give you a unique blockchain address. Copy the address.
  5. Open your Bitcoin wallet and select “Make a transfer.” Paste your sportsbook address in the “Send To” tab, double-check it, and click Send.
  6. Bitcoin will instantly appear in your sportsbook account.

How to Make Your Bitcoin Withdrawal

To make your Bitcoin withdrawal, you must have a positive balance in your sportsbook account. Furthermore, check the minimum withdrawal amount and proceed with these steps:

  1. Go to “My Account” and choose “Withdrawal”.
  2. Select Bitcoin as the withdrawal method.
  3. Enter your Bitcoin wallet address in the field.
  4. Double-check the address.
  5. Confirm the transaction.

The Top-Rated Bitcoin Sites in 2024

Tips on Choosing the Best Bitcoin Betting Sites

Still searching for the best destination for your Bitcoin betting? Here are the minimum criteria you need to consider to differentiate between good and bad betting sites:

Accepted Cryptos

Players looking to deposit funds via cryptocurrency should consider other crypto options besides Bitcoin, as that guarantees the most flexibility with your betting transactions. You may be the type of bettor that prefers sticking to just Bitcoin for all betting purposes, but there may come a time when you need to rely on another method for whatever reason. Thus, when selecting the best Bitcoin betting sites, we ensure that the sportsbook supports various cryptocurrencies, such as Litecoin, Ethereum, Tether, XRP, and more. Additionally, we choose Bitcoin betting sites that offer fiat options, e-wallets, bank transactions, and even payments through mobile, like those offered by betting sites with Boku.  while Ethereum withdrawals at the best Ethereum betting sites are also capped at $10,000.

Fast Withdrawals

Bitcoin transactions are a world away from snail-paced bank transactions, so you can move your money from one account to another in seconds. The period between your withdrawal request and receiving the Bitcoin funds in your wallet is called sportsbook processing time. We’ve selected sportsbooks with the fastest processing time, allowing you to receive your Bitcoin withdrawal in as little as 10 minutes to 24 hours. such as those at the best Visa betting sites that can take up to 3-5 days.

Sign-up Bonuses

Sign-up bonuses are the main attraction that draws new players to the betting platform. The good news is that many sign-up bonuses are available with Bitcoin deposits. Additionally, some Bitcoin betting sites offer more appealing bonuses for Bitcoin depositors. Betting sites must also have many promotional offers and, optionally, loyalty programs for regular players, which ensure that Bitcoin bettors get the most value out of every deposit and wager.

However, not all bonuses are always good choices, even if you can access them through a Bitcoin deposit. You must read the fine print on bonuses to discover if they have fair requirements and conditions before claiming them.

Sportsbook Variety

The variety of betting opportunities at Bitcoin betting platforms is paramount. You must check the range of sports and esports the bookmaker offers, the betting markets available, and how the odds compare to those of other Bitcoin bookmakers. Additionally, you should check if the sportsbook offers in-play betting, with early cash-out options for bets. These features will level up the excitement of your gameplay.

License and Security

The best Bitcoin bookmakers must be licensed without question. We focused intensively on reviewing these three Bitcoin casinos, leaving no stone unturned. We checked the company owner, the validity of the betting license, security measures on the website, responsible gaming practices, AML policies, players’ reviews, and many more factors that determine the trustworthiness of a sportsbook.

You can rest assured that your information and Bitcoin transactions are in secure hands since each sportsbook is fully licensed to operate and protected with SSL encryption.

Customer Experience

No one should underestimate the importance of customer support while betting with cryptocurrency online. You must have a helping hand if you experience issues with claiming bonuses, Bitcoin deposits and withdrawals, or other important issues. We ensure that the sportsbooks on our list have vast supporting channels to communicate with if you encounter problems while betting with Bitcoin.

Exploring the Advantages and Drawbacks of Betting with Bitcoin

Unlike fiat currency-focused betting sites, BTC betting sites operate on decentralized networks known as blockchains, ensuring transparency and consistency. They offer numerous advantages that traditional casinos cannot replicate. However, they also come with their own set of disadvantages. Let’s summarise them all.

  • Instant and secure transactions
  • Bitcoin Bonuses
  • Fastest Withdrawals
  • Low/No fees
  • Highly volatile currency

It’s evident that while Bitcoin sportsbooks offer many advantages, they aren’t perfect. At the end of the day, Bitcoin as a currency is subject to many market fluctuations, which may change their relative value when used for sports betting, as in any other transactional activity. It is now time to put together our results and form an opinion based on the extensive analysis offered.

Check On the Latest BTC Prices When Betting

A key consideration that bettors have to make when it comes to using Bitcoin betting sites is the value of the currency overall. While FIAT currencies can change in relation to certain factors such as inflation, they are largely stable over the short and medium term. BTC has been fairly volatile in the short term, but has trended upwards at quite a trajectory over the past few years. Here’s how the latest BTC prices look.

Bitcoin Guide Conclusion

At the end of this thorough analysis of Bitcoin betting, we ensure you have all the important and valuable information needed to make an informed decision about where to deposit your Bitcoin. In this guide, you’ll find everything necessary to embark on your Bitcoin betting adventure: information on what Bitcoin is, how to use it in betting, details on how to evaluate good Bitcoin betting sites, and recommendations for three of the best Bitcoin betting sites.

While inspecting the advantages and disadvantages, we discovered more positive than negative aspects of betting with Bitcoin. Choosing a reliable and licensed bookmaker and beginning your betting adventure is now in your hands. Consider starting with our chosen best Bitcoin betting site, 20Bet, where you can take advantage of a 100% match deposit bonus of up to €100, enjoy coverage of over 50 sports, exceptional live betting and streaming services, and lightning-fast withdrawals.

Be Sure to Claim a Competitive Bitcoin Betting Deal

Crypto Betting FAQ: Your Comprehensive Guide to Cryptocurrency Wagering

It depends on where you live and what sportsbook you’re betting at. So long as crypto is legal in your region and you’re betting at licensed and regulated sportsbooks, you’re good to go.

🔗Can I get my Bitcoin back if I send it to the wrong address?

No, Bitcoin transactions are irreversible. If you send your bitcoin to the wrong address, it’s gone forever. Thus, you must check the recipient’s address twice before making any transaction.

👜What crypto-wallets can I use to transfer funds to online casinos and sportsbooks?

Many great crypto wallets are available for Android and iOS platforms and desktops as well. You can use Electrum Bitcoin Wallet, Exodus, BRD Bitcoin Wallet, Coinbase Wallet, Trust Wallet, and more.

🛒How can I buy Bitcoin?

To buy Bitcoin, visit a crypto exchange website like Coinbase and create an account. You must verify your identity before you can buy a crypto asset, such as Bitcoin. Follow the instructions and use your FIAT amount to buy bitcoin.

👫Who can take part in Bitcoin sports betting?

Though regional limitations may apply, a diverse range of individuals can participate in Bitcoin sports betting. However, typically, anyone of legal age can participate.