Bitcoin sportsbooks allow you to wager on sports like football, basketball, and hockey using Bitcoin rather than dollars. Many top Bitcoin sportsbook sites offer bigger bonuses and faster payments than conventional online sportsbooks.
In this guide, we’ll review the 12 best Bitcoin sportsbooks in 2023 and explain everything you need to know about how to bet with Bitcoin. Plus, learn how to claim up to $1,000 in crypto betting bonuses.
- All
- Crypto
- Telegram Betting
200% Bonus up to $10,000 + 50 Free Spins
200% Bonus up to $10,000 + 50 Free Spins
- Over 6,000 games
- Generous loyalty bonus scheme
- No withdrawal limits
200% Bonus up to 1BTC + 50 Free Spins
200% Bonus up to 1BTC + 50 Free Spins
- Newly launched crypto casino & bookmaker
- World's First Licensed Telegram Casino
- Instant registration with no email verification
75% Crypto Deposit Bonus up to $750
75% Crypto Deposit Bonus up to $750
- HD-Quality Live Streaming Service
- Huge Bitcoin Bonuses
- Wide Range of eSports
Up to 180% bonus on your 1st Deposit
Up to 180% bonus on your 1st Deposit
- Wide variety of sports and games
- Easy betting interface
- Great odds & weekly bonuses
50% Welcome Deposit Bonus up to $1000
50% Welcome Deposit Bonus up to $1000
- Big Contests & Promotions
- NFL and NBA futures betting
- $1,000 Welcome Bonus
50% match deposit bonus worth up to $1,000
50% match deposit bonus worth up to $1,000
- Plenty of online poker tournaments
- Leaderboard prizes
- Bad beat jackpot boosts
150% Deposit Bonus up to $2500
150% Deposit Bonus up to $2500
- No Deposit Limit
- Political & Entertainment Bets
- Daily Promotions & rebates
Up to $2,500 deposit match
Up to $2,500 deposit match
- Biggest Welcome Bonus
- Stream Analysis Sports Shows
- 24/7 Customer Support
100% up to $500 Welcome Bonus
100% up to $500 Welcome Bonus
- Massive Progressive Jackpots
- Rapid Payouts - 48 Hours
- Play from as Little as $0.10
100% up to $1000 Welcome Bonus
100% up to $1000 Welcome Bonus
- Most Competitive Reload Bonus
- Live In-Play Betting
- 10% Weekly Rebate on Horse Racing
50% Welcome Deposit Bonus Up To $500 + $10 Casino Chip
50% Welcome Deposit Bonus Up To $500 + $10 Casino Chip
- Top Horse Racing Sportsbook
- 7% rebate on all horse race wagers
- Generous Reload Bonuses
50% match deposit bonus worth up to $1,000 Regular Bonuses Available Excellent Customer Service Great Range of Prop Bets
50% match deposit bonus worth up to $1,000 Regular Bonuses Available Excellent Customer Service Great Range of Prop Bets
50% deposit match up to $1000
50% deposit match up to $1000
- All-In-One Gambling Site
- Various Betting Options & Promotions
- Accepts All US Customers
The Best Bitcoin Sportsbook List in 2023
We’ve reviewed dozens of Bitcoin sportsbooks to bring you our top 12 picks for 2023:
- Mega Dice – Overall best Bitcoin sportsbook in 2023
- LuckyBlock – Rapid crypto transactions + live betting specialist
- Bovada -Top Bitcoin sportsbook for prop bets
- B.C Game – Best Bitcoin sportsbook for range of betting options
- MyBookie – Parlay builder and odds boost
- BetOnline – Top Bitcoin bookie for live streaming
- BUSR– Beginner-friendly Bitcoin Sportsbook
- BetUS – Bitcoin welcome bonus
- Everygame– Best Bitcoin sportsbook for soccer
- BetNow– Top Bitcoin bookie for NFL betting
- XBet – Top racebook with Bitcoin
- Jazz Sports– Live betting with favorable odds
The best sports betting sites, like Mega Dice, provide their patrons with a diverse range of payment options for depositing and withdrawing from their accounts. We recommended using cryptocurrencies and a VPN when using sites for extra security, anonymity faster transactions, and no fees. However, we understand many people prefer traditional payment methods. Here are our recommended sites for both options.
Best Bitcoin Sports Betting Site for Crypto Deposits
Best Bitcoin Sports Betting Site for Card Deposits
The Best Bitcoin Betting Sites in USA Reviewed
Now, let’s dive into reviews of our favorite Bitcoin sportsbook sites:
1. Mega Dice – Overall Best Bitcoin Sportsbook in 2023
Launched in 2023 and licensed in Curacao, Mega Dice has quickly established itself as one of the best sportsbooks in the industry.
There are more than 30 different sports on offer including popular US favorites such as football, basketball, hockey, baseball, and college sports. In addition, they provide markets for a number of international events and sports such as Gaelic football, snooker, soccer, and rugby. They are also the ideal spot for esports fans, providing coverage of a huge range of games, including NBA2K.
Mega Dice provides a diverse range of payment options but is particularly good for crypto enthusiasts as they accept over eight coins including Bitcoin, Litecoin, Dogecoin, and Ethereum. Crypto transactions are also all free of charge and the payout times are incredibly fast, often being completed almost instantly. For those who don’t wish to use crypto, Mega Dice also offers customers bank cards, wire transfers, and eWallets including Google Pay and Apple Pay.
Should you need to contact customer service you can do so by email or live chat, which is available 24/7. When we contacted the customer service team all the agents were helpful, and knowledgeable and handled our queries in a timely manner.
Lastly, Mega Dice has one of the most generous welcome bonuses available online. New users can claim a 200% deposit match worth up to 1BTC. Plus players are also awarded 50 free spins to use at one of their top slot games. There are also rewards for returning patrons including a weekly reload bonus and a generous bonus loyalty scheme.
To avoid missing any new bonus offers or news, make sure to follow Mega Dice on Twitter.
What we like:
- Anonymous gambling with no KYC
- Instant payouts
- No withdrawal limits
- World’s first licensed Telegram casino
- Generous loyalty bonus program
What we don’t:
- No streaming of live sports
2. Lucky Block – Rapid Crypto Transactions & a Live Betting Specialist
Licensed in Curacao and under the regulation of the Curacao Gaming Control Board, Lucky Block is the best USA Bitcoin sportsbook and the perfect spot for crypto sports betting. Users can perform transactions using fiat currencies, but Lucky Block is primarily aimed at crypto enthusiasts and, as such, allows for deposits and withdrawals using nine coins, including Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Soldano, and Dogecoin.
Still a relative newcomer to the sports betting industry, Lucky Block is easily one of the most stylized and well-rounded sportsbooks featured on this list. It’s simple to use, has some great features, and the mobile website works perfectly when betting on the go. The sportsbook covers 30+ sports, with a huge selection of wagering options available and deep in-play betting markets for all of the world’s most popular leagues, including the NFL, NBA, EPL, and MLB.
Unlike other sportsbooks, Lucky Block incorporates the use of on-site analytics. Click on an upcoming NFL game, for example, to view all the potentially decisive info before placing a wager, including recent performances, in-form players, and historical results. If you fancy a break from live sports betting? Lucky Block also has deep esports markets, particularly for NBA2K and FIFA23. Plus, there are also some 6,000 slots, table games, and even a live casino where patrons can play with a live croupier.
Register an account with Lucky Block today and take advantage of the sportsbook’s 200% welcome bonus as well as its generous loyalty bonus scheme. With all these features it’s easy to see why our experts rate this as the best Bitcoin sportsbook for USA players.
What we like:
- Huge selection of sports and esports
- Minimum deposit of only $1
- No fees on transactions
- Incredibly fast payouts
- Live chat available
What we don’t:
- No streaming of live sports
3. Bovada – Top Bitcoin Sportsbook for Prop Bets
Bovada is one of the best Bitcoin sports betting sites for live betting. With this bookie, you can place in-game wagers across 22 different sports markets and dozens of popular leagues. Even better, Bovada offers live streaming for the majority of matches it takes wagers on. So, you can watch a match live in HD quality on your computer or smartphone and place bets instantly while the action unfolds.
The range of sports that Bovada carries for betting is also noteworthy. This Bitcoin sportsbook accepts wagers on many sports that you won’t find at other betting sites, including winter sports, beach volleyball, futsal, and more. While there aren’t many prop bets for these sports, the fact that they’re available at all opens up new possibilities for bettors.
Bovada has a low minimum deposit of $10 and a minimum withdrawal of just $10 when using Bitcoin. Bitcoin withdrawals are typically completed in just a few hours, which isn’t true for all Bitcoin sportsbooks even though crypto payments are potentially instantaneous.
What we like:
- Stream matches in HD
- Minimum withdrawal of just $10
- Get Bitcoin payouts within hours
What we don’t:
- No parlay builder
- Odds can be expensive for some games
4. B.C Game – Best Bitcoin Sportsbook for Range of Betting Options
B.C Game is immediately attractive to Bitcoin sports bettors with its generous welcome package that can run up into the thousands of dollars worth of crypto. But once you start to look at the bigger picture, you’ll see that the extremely wide range of betting options is why customers ultimately call the online sportsbook their wagering home.
You’ll find over 200 betting options for games in mainstream football leagues. Asian Handicaps, Player Specials, and Corners are all up for wagers. Major basketball games also have over 150 markets and tennis matches come up with around 80+ options. In-play betting is also big at B.C Game, with Anytime Goal scorer, Singles, Combos, and Fast Markets, being popular.
Apart from over 21 cryptocurrencies, B.C Game features proprietary currencies, JC tokens. The Vault Pro tool allows customers to earn up to 10% in annual interest on stored coins. The BCSwap feature allows you to exchange crypto with low to no fees.
What we like:
- Over 21 crypto supported
- Exciting deposit bonus
- Betting odds on broad range of markets
- 24/7 live chat support
What we don’t:
- Payments only through cryptocurrency
5. MyBookie – Parlay Builder and Odds Boost
MyBookie is our pick among Bitcoin sportsbooks for players who want to wager on big odds. This Bitcoin sportsbook offers a handy parlay builder that makes it easy to craft parlays, teasers, and if bets. So, you can quickly pull together multiple bets for a single match or even bets across multiple different games. Even better, MyBookie lets you pay for an odds boost – for a small fee, you can boost your potential payout if your parlay bet wins.
MyBookie offers wagers on 18 different sports markets, including the NFL, NBA, MLB, NHL, college sports, soccer, UFC, auto racing, and much more. Across all these different sports, MyBookie does a great job of making a wide range of parlay bets available. The bookie also offers futures betting on the NFL and NBA seasons, making it one of the best Bitcoin football betting sites.
What we like:
- Offers parlays, teasers, and if bets
- Purchase an odds boost for bigger payouts
- Futures betting for NFL and NBA
What we don’t:
- Limited to one Bitcoin withdrawal per week
6. BetOnline – Top Bitcoin Bookie for Live Streaming
BetOnline is next up on our list of top-rated sportsbooks for Bitcoin users in 2023. This online sportsbook offers an enormous range of sports to bet on, including all the major US leagues and college sports. You’ll also find wagers for international sports like soccer, rugby, and cricket, plus betting on esports tournaments and special events like the Olympics.
BetOnline makes wagering as simple as possible. To add a wager to your bet slip, all you have to do is click on the odds. Multiple selections on the slip mean you can then easily create parlays, round robins, and teasers using the tabs. BetOnline offers moneyline, spread, and over/under bets for the majority of games, plus dozens of prop bets for major matchups. You can also place in-game bets on live matches. Plus, this Bitcoin sportsbook has a parlay builder to help you craft more complex, multi-line bets with outsized odds.
What we like:
- Extremely wide range of sports markets
- Parlay builder
- Boost on all Bitcoin deposits
What we don’t:
- Doesn’t offer live streaming
7. Everygame – Bitcoin Welcome Bonus Available
Everygame carries bets across 22 different sports and has a reasonable selection of markets for most matches. Players can wager on live matches via the live betting suite which is always a plus, and there are several promotions that will enhance your parlays, including insurance and raffles, but this site does lack slightly when it comes to the prop betting options.
On the plus side, Everygame is vastly experienced and great at handling payments. The platform requires just a minimum deposit of $10 when depositing Bitcoin, and you can get crypto payouts in less than 24 hours. The process of transferring Bitcoin to Everygame is relatively simple, too.
What we like:
- Bet on 22 different sports markets
- Payouts in under 24 hours
- Very good NFL betting site
What we don’t:
- No parlay builder
- Doesn’t offer live streaming
8. BetNow – Top Sportsbook with Bitcoin for Choice Markets
BetNow – apart from being one of the top betting platforms that accepts Bitcoin also have a solid performance when it comes to horse betting. With this Bitcoin sportsbook, you can wager on horse races from around the globe – and their markets in other sports are equally enticing for the choice bettor.
This sportsbook is one of the top Esports Bitcoin sportsbooks, with options to wager on CS:GO, League of Legends, and more. You can also bet on all the major US sports leagues and college sports, with a wide variety of prop bets and parlays available for big games.
What we like:
- Bet on global horse races
- Great selection in all markets
- Wide range of Esports betting options
- Top welcome bonus for new players
What we don’t:
- Smaller welcome bonus than other Bitcoin sportsbooks
Explore Our Gambling Guides
What Is Bitcoin Sports Betting?
Bitcoin sports betting is now as common as fiat currency because it allows bettors to wager in a secure environment with crypto. From fee-free transactions to superior bonuses, the benefits that come with Bitcoin sports betting are alluring.
Instead of using regular currency to wager on sports, players deposit and withdraw using Bitcoin. Betting with Bitcoin offers anonymity since transactions operate on blockchain technology that encrypts all data.
Governments or banking institutions don’t regulate cryptocurrencies, meaning your funds are safe and immune to any restrictions on regressive banking regulations. Also, because of the absence of intermediaries, BTC betting transactions are efficient. That explains the light-speed payouts.’
How Bitcoin Betting Sites Work
Bitcoin betting works more or less like normal betting but with crypto. The major difference is that the price of Bitcoin tends to fluctuate a bit. As a result, the BTC sports betting platform seldom returns the same value from when you placed the wager to when you cashed out.
Basically, the Bitcoin betting site allows you to deposit using Bitcoin instead of fiat currency. The operator then takes your Bitcoin and credits your player account with an amount in cash “equal” to the Bitcoin. To some extent, this move protects your cryptocurrency from volatile price fluctuations. The only major downside here is that bettors are solely dependent on the operator’s conversion rates. Unfortunately, most bookies don’t give you the best rate.
To curb this, you could deposit in crypto, and the bookie holds your player balance in Bitcoin, and you receive your payouts in Bitcoin. While the price does fluctuate, it changes as it would where you holding the crypto outside of the bookie. You just need to check if the sportsbook allows this BTC betting route.
Bitcoin Betting Sites Vs Traditional Betting Sites
The Bitcoin Betting market has been on an upward trajectory for some time now, consistently turning pennies into millions. It follows that they offer better returns when compared to traditional betting platforms. As a result, joining a Bitcoin betting site is more profitable than a traditional sportsbook.
But things are not all gloom and doom with traditional sportsbooks as they offer more payment options. You can decide to transact using cards, e-wallets, or bank transfers. As for Bitcoin betting sites, you can only deposit or withdraw using cryptocurrencies.
While that comprehensive list of payment methods is a plus with traditional bookies, the drawback to this is the heavy fees. Bettors will have to endure things like card fees, withdrawal fees, and the like.
Also, Bitcoin betting sites are usually more engaging than traditional sportsbooks. We’re talking elaborate bonuses, exciting promotions, and higher odds.
Best Bitcoin Sportsbooks Comparison
Now that you’ve read more about the best Bitcoin sportsbook sites, let’s see how they stack up in terms of key features:
| Welcome Bonus | Number of Sports Markets | Live Betting | Bitcoin Denomination | Minimum Deposit | Payout Time | |
| Mega Dice | 200% Up To 1 BTC + 50 Free Spins | 30+ | Yes | Satoshis | $1 | 1 min- 1 hour |
| Lucky Block | 200% Up To $10,000 + 50 Free Spins | 30+ | Yes | Satoshis | $1 | 1 min- 1 hour |
| Bovada | 75% Crypto Deposit Bonus Up To $750 | 22 | Yes | Satoshis | $10 | 24 hours |
| MyBookie | 100% deposit match up to $1,000 | 18 | Yes | Satoshis | $25 | 48 hours |
| BetOnline | 50% Up To $1000 Welcome Bonus | 20 | Yes | Satoshis | $10 | 48 hours |
| BUSR | 100% Bonus Up To $1000 | 17 | Yes | Microbitcoin | $100 | 5-7 days |
| BetUS | 125% deposit match up to $2,500 | 22 | Yes | Microbitcoin | $10 | 24 hours |
| Everygame | $750 Welcome Bonus (3 X $250 Bonuses) | 17 | Yes | Satoshis | $20 | 48 hours |
| Betnow | 150% deposit match up to $300 | 10 | Yes | Microbitcoin | $20 | 24 hours |
| XBet | 100% deposit match up to $500 | 21 | Yes | Microbitcoin | $25 | 24-48 hours |
How We Choose the Best Bitcoin Sportsbooks
Wondering how we decide which Bitcoin sportsbooks are worthy of your time? Here, we’ll take a closer look at some of the key factors we consider when picking the best Bitcoin sportsbooks.
Secure Bitcoin Payments
The first thing we look at when comparing Bitcoin sportsbooks is the process of actually depositing and withdrawing Bitcoin. Specifically, we look at whether it’s fully secure. Bitcoin can be one of the most secure payment methods available, but only if the cryptocurrency is handled correctly.
All of the sportsbooks we reviewed use encryption and verified wallets to send and receive Bitcoin. Sportsbooks like BetOnline also send you a unique wallet address every time you make a deposit, which makes it nearly impossible for attackers to know where your funds are being held. So, you can count on payments being secure at any of the sportsbooks we reviewed.
Fast Deposits & Withdrawals
One of the key advantages of using Bitcoin to fund your betting account is that transfers are instantaneous. So, we also check whether sportsbooks make your funds available quickly and whether they can make payouts in a matter of hours.
The good news is that all of the Bitcoin sportsbooks we recommend let you start betting as soon as you deposit Bitcoin. There’s no waiting period, as there often is with bank transfers. Withdrawal times can vary, but top Bitcoin betting sites like Bovada, BetUS, and Betnow will typically deliver funds to your crypto wallet within a few hours of your payout request.
Bitcoin Bonuses & Promos
Many of the best Bitcoin sportsbook sites offer special welcome bonuses and promotions for players who deposit Bitcoin. For example, BetOnline offers a 5% boost on all Bitcoin deposits, regardless of whether you’re using another bonus offer with your deposit. At BetUS, Bitcoin deposits are eligible for reload bonuses worth up to $2,500.
Since Bitcoin bonuses can add up to so much money, we look very closely at these bonus offers. We’ll go into more detail on Bitcoin bonuses later in the guide.
Low Bitcoin Banking Fees
The best Bitcoin sportsbooks charge no deposit or withdrawal fees when you use Bitcoin. That’s important since these fees can add up to a lot of money over time. Keep in mind that you will likely pay a transaction fee for using the Bitcoin network, but this isn’t a fee that’s levied by your sportsbook.
Fair Deposit & Withdrawal Limits
We also look at the minimum deposit and withdrawal that Bitcoin sportsbooks require. At sites like Bovada, the minimum withdrawal is as low as $10 and you can make as many withdrawals as you want – so it’s easy to request a payout anytime you want. At other sites, including BUSR, the minimum deposit can be as much as $100 and there may be limits on how frequently you can request a withdrawal.
Wide Range of Bitcoin Betting Markets
Of course, we also look at what you can actually bet on when comparing the best Bitcoin sportsbook sites. The greater the variety of sports and leagues available to wager on, the better. Top sportsbooks like Bovada and BetUS offer betting on 22 different sports, including all the major US leagues, and international sports like cricket and rugby. We also check whether sites have a wide range of prop bets for major matches, as well as futures betting for popular leagues like the NFL.
Explore Our Betting Guides
Good Betting Features & Resources
Part of what makes a good sportsbook great is the introduction of tools to help you bet. MyBookie, for example, has an odds boost feature that you can use to increase your potential payout. Both MyBookie and BetOnline offer parlay builders, and Bovada has live streaming alongside wagering options. These features play a big part in our evaluation of which Bitcoin sportsbooks are the top platforms today.
Benefits of Using a Bitcoin Sportsbook
Why bet with the best Bitcoin sportsbook rather than a sportsbook that requires dollars? There are a few key advantages to betting with Bitcoin.
Instant Payments
The biggest advantage to using a Bitcoin sportsbook to wager on sports is that payments are extremely fast. Bitcoin transfers themselves are instantaneous, so the only delay is on the part of sportsbooks as they process your deposit or withdrawal.
At many of the top Bitcoin sportsbook sites, this delay is negligible for deposits and only a few hours for withdrawals. So, you can start playing as soon as you make a deposit and get payouts the same day you make a request.
Secure, Decentralized Network
Another advantage to using the best Bitcoin sportsbook to bet is that Bitcoin runs on a decentralized network. This blockchain-based network is extremely secure and you can see records of all your transactions. So, if there’s ever a dispute over a transfer, you can simply return to the Bitcoin ledger to see where your money is.
Anonymous Deposits
Bitcoin is also anonymous, which can be a big benefit for US players using an offshore Bitcoin sportsbook. When using Bitcoin, you don’t have to attach your name or personal information to your deposits or withdrawals.
Bigger Bonuses
Bitcoin sportsbooks often offer bigger bonuses and promotions when you play with Bitcoin. These Bitcoin-specific bonuses can add up to a lot of money, so they’re worth taking advantage of. For example, at BetUS, playing with Bitcoin can net you $7,500 in free cash – and that’s only available when you deposit cryptocurrency, not cash.
Bitcoin Betting Bonuses & Promos
As we’ve noted, Bitcoin betting bonuses can be significant. As bonuses are highly volatile, in the sense that they may change on as much as a weekly basis depending on the season – we have tried to put together a current list. Please be advised to confirm that the bonus is still active by following our links.
The table below shows the welcome bonus offer and promo code at each of the top 11 Bitcoin sportsbooks:
| Bitcoin Welcome Bonus | Promo Code | |
| Mega Dice | 200% deposit match up 1 BTC + 50 free spins | INSIDERS |
| LuckyBlock | 200% deposit match up to $10,000 + 50 free spins | N/A |
| BetOnline | 100% deposit match up to $1,000 | INSIDERS |
| Bovada | 75% crypto deposit bonus up to $750 | INSIDERS |
| MyBookie | 100% deposit match up to $1,000 | INSIDERS |
| BetUS | 125% sign up bonus up to $2,500 | INSIDERS |
| XBet | 100% deposit match up to $500 | INSIDERS |
| Everygame | $750 welcome bonus (3 X $250 Bonuses) | INSIDERS |
| SportsBetting.ag | 50% deposit match up to $1,000 | INSIDERS |
| BetNow | 150% deposit match up to $300 | INSIDERS |
| GT Bets | 100% deposit match up to $500 | BOS50 |
| BUSR | 100% bonus Up To $1,500 | INSIDERS |
Are Bitcoin Sportsbooks Legal in the US?
Bitcoin betting is technically legal in the US, in that there are no laws barring players from using Bitcoin to wager. However, in practice, there are no US-based sportsbooks that currently accept Bitcoin or other cryptocurrencies for payment. DraftKings, one of the biggest legal sportsbooks in the US, considered accepting Bitcoin, but regulators didn’t allow it.
That means that the only way to bet with Bitcoin in the US is to use an offshore sportsbook. Offshore sportsbooks are not legal in any US state, including states where online sports betting is legal since they’re not approved by state gaming commissions. However, enforcement of offshore betting has historically been lax, and millions of Americans use offshore sportsbooks to bet with both cash and Bitcoin.
Bitcoin Sportsbook Mobile Apps
Many of the best Bitcoin sportsbooks – including BetOnline and Bovada – offer mobile apps so you can wager on the go. Bitcoin betting apps are available for both iOS and Android devices, and they offer betting on the same range of sports as desktop platforms. Betting apps can even be easier to use in some cases since they allow you to easily scroll through the list of available wagers and add bets to your bet slip with just a tap.
Explore Our Betting App Guides
Bitcoin Denominations at Online Betting Sites
One thing to keep in mind when using Bitcoin for betting is that it comes in a couple of different denominations. Just like the dollar comes in $100, $20, and $5 bills and so on, Bitcoin comes in bitcoins, millibitcoins, microbitcoins, and Satoshis.
A Satoshi is the smallest denomination of Bitcoin and is worth one-one hundred millionths of a Bitcoin. In other words, one Satoshi is worth around $0.0006 at today’s Bitcoin prices. A microbitcoin is worth one-one millionth of a Bitcoin, or around $0.06 per microbitcoin.
Where to Buy Bitcoin for Sports Betting
If you don’t already own Bitcoin, you can easily buy it. The best way to do this is with a cryptocurrency exchange, which lets you buy and sell cryptocurrency using US dollars. Crypto exchanges work a lot like stock brokers, except that you’re buying cryptocurrency instead of stocks.
There are many crypto exchanges available in the US, including eToro, Coinbase, Binance, Kraken, and others. All of these exchanges have different minimum deposits and different fees, but they all work the same way and any of them can help you buy Bitcoin to use for sports betting.
We recommend using eToro if you’re new to cryptocurrency exchanges. eToro offers some of the lowest fees of any exchange for buying Bitcoin, and the platform makes the process as simple as possible for beginners. In addition, eToro has one of the best built-in crypto wallets, which you’ll need to store your Bitcoin – more on that below. You can set up a new exchange account with eToro for as little as $50.
Why You Need a Bitcoin Wallet
In order to store Bitcoin, you need a Bitcoin wallet. Bitcoin wallets are like bank accounts – they serve as a safe place to store your funds when you’re not using them, as well as a hub for initiating Bitcoin payments.
Choosing a secure Bitcoin wallet is extremely important. Since this is where your cryptocurrency lives, it’s important that only you have access to it. There are many different types of Bitcoin wallets available, and they all offer a different blend of security and convenience.
Out of all the available Bitcoin wallets, we think eToro has one of the best options. The eToro Bitcoin wallet can be downloaded to any iOS or Android device. It’s highly secure but also easy for you to access, and it’s nicely laid out for initiating payments and keeping track of your funds. You can download the eToro crypto wallet even if you don’t use eToro to buy Bitcoin.
Other Crypto Betting Options
When it comes to betting with cryptocurrency, Bitcoin isn’t your only option. In fact, many of the best Bitcoin sportsbooks also accept other popular cryptocurrencies like Ethereum, Litecoin, Ripple, Bitcoin Cash, and Dogecoin. All of these cryptocurrencies are available to buy at major exchanges like eToro, and you can hold them alongside Bitcoin in an eToro crypto wallet.
These cryptocurrencies all have important differences in how quickly and cheaply you can transact them, as well as in their investment potential. Notably, some sportsbooks will give you Bitcoin bonuses even when you deposit these other cryptocurrencies, while other betting sites reserve their top bonuses for Bitcoin only.
Importantly, Bitcoin tends to have a more stable price than any of these other cryptocurrencies. That can make it more suitable for betting since the value of your account won’t fluctuate as much between when you place a bet and when a game takes place.
Best Bitcoin Sportsbook on Telegram
Presently, the only Bitcoin sportsbook available on Telegram is Mega Dice. The platform provides a seamless betting experience, with real-time updates, and rapid crypto transactions as standard. But, with Telegram’s secure, encrypted messaging, you can register for an account with just your phone number, meaning zero KYC, and then enjoy sports betting while benefiting from total anonymity in both your Bitcoin transactions and social messaging.
How to Get Started with a Bitcoin Sportsbook
Ready to start betting with our top-rated Bitcoin sportsbook, BetOnline? We’ll show you how to buy Bitcoin and start betting with this versatile Bitcoin sportsbook.
Step 1: Open a Bitcoin Wallet
Before you can buy Bitcoin to bet with, you’ll need a Bitcoin wallet. We recommend eToro’s free crypto wallet, which you can download on any iOS or Android device. Just head to eToro’s website to download the app and set up a new wallet account.
Step 2: Buy Bitcoin
Once your wallet is in place, the next step is to buy Bitcoin. We recommend using eToro since it has some of the lowest fees among any crypto exchange and requires just a $50 minimum deposit to open an account.
After setting up your eToro account, click the ‘Cryptocurrency’ tab in the eToro dashboard. Click on Bitcoin, then ‘Trade’ to open a new order form. Enter how much Bitcoin you want to purchase (in US dollars), and then click ‘Open Trade.’ Your Bitcoin will automatically be transferred to your eToro wallet.
Step 3: Create a BetOnline Account
Now, head to BetOnline’s website and click ‘Join’ to open a new betting account. Enter your name, email, phone number, and password in the registration box. BetOnline may ask you to verify your email or phone number, which you can do by entering a code.
Step 4: Select Your Deposit Method
With your BetOnline account opened it’s time to deposit Bitcoin. To begin, choose ‘Cryptocurrency’ as your preferred deposit method and then choose Bitcoin. Enter the amount you want to deposit in US dollars.
Step 5: Deposit Bitcoin
BetOnline will display a unique wallet address where you need to send the amount of Bitcoin you specified. Copy this wallet address, then open the eToro wallet app. Initiate a payment from your wallet and send the funds to the BetOnline wallet address. Once you make the payment, the funds should appear in your BetOnline account within a few minutes.
Step 6: Start Betting
Now you’re ready to place your first Bitcoin bet with BetOnline. Head to the sportsbook lobby and browse through upcoming games, or select a particular sport to bet on. When you find a wager, just click on the odds you want to take to add the wager to your bet slip. Enter the amount you want to bet, then click ‘Place Bet’ to complete your Bitcoin bet.
Read More About Crypto Casinos in Our Guides
Conclusion on Best Bitcoin Sportsbooks 2023
Bitcoin sportsbooks make it easy to wager on your favorite sports using Bitcoin. These sportsbooks offer large welcome bonuses, generous reload bonuses, and ultra-fast payments – not to mention a wide variety of sports betting markets.
While we recommend each of the Bitcoin sportsbooks we reviewed for different purposes, Mega Dice stands out as the overall best Bitcoin sportsbook in 2023. Its deep markets, user-friendly interface, exceptional welcome offer, and use of on-site analytics make it our stand-out option for Bitcoin sportsbooks in the USA.
