Top Bitcoin Betting Sites in 2023 – Ultimate Guide
Bitcoin has become increasingly popular in the online casino industry due to its fast and secure transactions, anonymity, and decentralization. Many online casinos now accept Bitcoin as a payment method, allowing players to make deposits and withdrawals using the cryptocurrency.
Here are some of the top Bitcoin betting sites in 2023:
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Fairspin Review in 2023
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How Do We Check Crypto Casinos?
When evaluating a crypto casino, it’s important to consider factors such as security, licensing, game selection, and customer support. Here are the steps we take to check crypto casinos:
Research the Casino: We start by researching the casino’s background, ownership, and reputation. We also look at player reviews and feedback to get an idea of the overall user experience.
Check Licensing and Security: We verify that the casino is licensed and regulated by a reputable authority. We also check the casino’s security measures to ensure that user data and funds are protected.
Evaluate Game Selection and Software Providers: We evaluate the casino’s game selection, including the variety of games and software providers. We also check for provably fair gaming technology to ensure that the games are unbiased and transparent.
Test Customer Support and Payment Methods: We test the casino’s customer support to ensure that it is responsive and helpful. We also test the payment methods and withdrawal times to ensure that transactions are fast and secure.
- BetOnline – BetOnline is a well-known online sportsbook that offers a wide range of betting options, including sports betting, casino games, and poker. The site also accepts Bitcoin and other cryptocurrencies for deposits and withdrawals, making it a popular choice for crypto enthusiasts.
- Bovada – Bovada is another popular online sportsbook that accepts Bitcoin and other cryptocurrencies. The site offers a range of betting options, including sports betting, casino games, and horse racing, and has a reputation for fast payouts and excellent customer service.
- Cloudbet – Cloudbet is a Bitcoin-focused online sportsbook that offers a wide range of betting options, including sports betting and casino games. The site accepts Bitcoin and other cryptocurrencies and offers high limits and competitive odds, making it an attractive choice for high rollers.
- Nitrogen Sports – Nitrogen Sports is a Bitcoin-only sportsbook that offers a range of betting options, including sports betting, casino games, and poker. The site has a simple and user-friendly interface and is known for its fast withdrawals and excellent customer service.
- FortuneJack – FortuneJack is a popular online casino that accepts Bitcoin and other cryptocurrencies. The site offers a wide range of casino games, including slots, table games, and live dealer games, and has a reputation for fair gaming and excellent customer service.
Overall, these Bitcoin betting sites offer a range of betting options and have excellent reputations for security, fairness, and customer service. They are all popular choices for players who prefer to use Bitcoin and other cryptocurrencies for their online betting activities.
How to Choose the Best Bitcoin Casino Sites
When choosing a Bitcoin casino site, there are several factors to consider to ensure that you have a safe and enjoyable gaming experience. Check our top crypto casino reviews in 2023
Best Bitcoin Betting Sites Ranked
Here is a table ranking the best Bitcoin betting sites:
Rank | Site Name | Highlights |
1 | FairSpin | Wide selection of games, provably fair technology, and generous bonuses |
2 | Wolf.Bet | Dedicated Bitcoin sportsbook with live betting and high limits |
3 | Vavada | Large selection of casino games from top providers and multiple cryptocurrency payment options |
4 | Bitsler | Provably fair dice and casino games, generous bonuses, and VIP program |
5 | CryptoLeo | Large selection of casino games, generous bonuses, and excellent customer support |
#1 FairSpin – Best Overall Bitcoin Betting Experience
FairSpin offers a wide selection of games, including provably fair technology, generous bonuses, and an excellent user interface.
#2 Wolf.Bet – Best Bitcoin Sportsbook
Wolf.Bet is a dedicated Bitcoin sportsbook that offers live betting, high limits, and a range of betting options.
#3 Vavada – Top Bitcoin Casino Games Selection
Vavada offers a large selection of casino games from top providers, multiple cryptocurrency payment options, and generous bonuses.
#4 Bitsler – Great Bitcoin Betting Bonuses
Bitsler offers provably fair dice and casino games, generous bonuses, and a VIP program for loyal players.
#5 CryptoLeo – Best Bitcoin Betting Platform for Mobile Users
CryptoLeo offers a large selection of casino games, generous bonuses, and excellent customer support, and is fully compatible with mobile devices.
Overall, these Bitcoin betting sites offer excellent betting experiences and are popular choices for players who prefer to use Bitcoin and other cryptocurrencies for their online betting activities.
Our Recommended Bitcoin Casinos
This is a list of trusted online casinos that accept Bitcoin payments, providing players with secure and fair gaming experiences.
Advantages of Bitcoin Betting Sites
Anonymity & Privacy
Bitcoin betting sites offer a high level of anonymity and privacy compared to traditional betting sites. Bitcoin transactions are pseudonymous, meaning that they don’t reveal the user’s identity, and the sites don’t require personal information to create an account.
Low Fees & Fast Transactions
Bitcoin transactions have low fees compared to traditional payment methods like credit cards or bank transfers. They are also processed faster, with transactions typically taking minutes rather than days.
Provably Fair Gaming
Many Bitcoin betting sites use provably fair technology, which allows players to verify the fairness of the games they are playing. This technology ensures that the outcomes of the games are random and unbiased.
Exclusive Bitcoin Bonuses
Bitcoin betting sites often offer exclusive bonuses and promotions to players who use Bitcoin or other cryptocurrencies. These bonuses can include free bets, deposit matches, and cashback offers, making Bitcoin betting more profitable than traditional betting methods.
Overall, Bitcoin betting sites offer a range of advantages over traditional betting sites, including anonymity, low fees, fast transactions, provably fair gaming, and exclusive bonuses. These advantages make Bitcoin betting an attractive option for players looking to enhance their online betting experience.
Crypto & Bitcoin Betting Sports
Sports
Crypto and Bitcoin betting sites offer a wide range of sports to bet on, including popular sports like football, basketball, tennis, and baseball. These sites often cover a range of leagues and competitions from around the world, making it easy to find betting opportunities on your favorite sports.
eSports
eSports is a rapidly growing market, and many crypto and Bitcoin betting sites offer betting opportunities on popular games like Dota 2, League of Legends, and CS:GO. These sites often cover major tournaments and events, with a range of betting options available for each game.
Virtual Sports
Virtual sports are computer-generated simulations of real sports events, and they are a popular option at many crypto and Bitcoin betting sites. These virtual events can include football, horse racing, and basketball, among others, and they offer a unique betting experience with instant results.
Overall, crypto and Bitcoin betting sites offer a wide range of sports to bet on, including traditional sports, eSports, and virtual sports. With a variety of betting options and competitive odds, these sites offer a unique and exciting way to bet on your favorite sports.
Crypto & Bitcoin Sports Betting Regulations
Crypto & Bitcoin Betting Legitimacy Facts
The legitimacy of crypto and Bitcoin sports betting varies depending on the country and jurisdiction. While some countries have legalized and regulated Bitcoin betting, others have not. It’s important to research the laws in your jurisdiction before engaging in Bitcoin betting to ensure that it is legal.
Bitcoin Betting Licence – Curacao
Curacao is a popular licensing jurisdiction for Bitcoin betting sites. The Curacao eGaming Authority provides licenses to online casinos and sportsbooks that meet certain regulatory standards. However, some players may have concerns about the level of regulation in Curacao compared to other jurisdictions.
Bitcoin Betting Licence – Malta
Malta is another popular licensing jurisdiction for Bitcoin betting sites. The Malta Gaming Authority provides licenses to online gambling operators that meet strict regulatory requirements. Malta is known for its high level of regulation and player protection, making it a popular choice for many betting sites.
Bitcoin Betting Licence – Costa Rica
Costa Rica is another jurisdiction that provides licenses to Bitcoin betting sites. However, the regulatory requirements in Costa Rica are less strict compared to other jurisdictions. This may lead to concerns about the level of player protection and fairness on betting sites licensed in Costa Rica.
Bitcoin Betting Licence – Montenegro
Montenegro is a relatively new licensing jurisdiction for Bitcoin betting sites. The Montenegro Games of Chance Administration provides licenses to online gambling operators that meet certain regulatory requirements. While Montenegro is still developing its regulatory framework, it has become a popular choice for some Bitcoin betting sites.
Overall, the regulations and legitimacy of crypto and Bitcoin sports betting vary depending on the jurisdiction and licensing authority. It’s important to research the regulatory framework and player protection measures in place before engaging in Bitcoin betting to ensure a safe and fair betting experience.
Best Bitcoin Sport Betting Bonuses
Wager Bonus
A wager bonus is a bonus that is awarded based on the amount of money you bet. For example, a Bitcoin sportsbook may offer a 100% wager bonus up to 1 BTC, which means that if you bet 1 BTC, you will receive an additional 1 BTC in bonus funds.
Express Bet of the Day
An express bet of the day bonus is a special offer that allows you to place a bet on a pre-selected event at a boosted price. For example, a Bitcoin sportsbook may offer an express bet of the day on a football match, with the odds boosted from 2.00 to 2.50.
Comboboost
A comboboost bonus is a bonus that is awarded when you place a combination bet. For example, a Bitcoin sportsbook may offer a 10% comboboost on all combination bets of three or more selections.
Free Bets
A free bet bonus is a bonus that allows you to place a bet without using your own funds. For example, a Bitcoin sportsbook may offer a free bet of 0.01 BTC when you sign up and make your first deposit.
Bet Insurance
A bet insurance bonus is a bonus that protects you against losses. For example, a Bitcoin sportsbook may offer bet insurance that allows you to receive a refund if your bet loses by a certain margin.
Cashback
A cashback bonus is a bonus that refunds a percentage of your losses. For example, a Bitcoin sportsbook may offer a 10% cashback bonus on all losses incurred over a certain period of time.
Tournament
A tournament bonus is a bonus that is awarded based on your performance in a betting tournament. For example, a Bitcoin sportsbook may offer a tournament bonus to the player with the highest winnings over a certain period of time.
Overall, Bitcoin sports betting sites offer a wide range of bonuses to attract and retain players, including wager bonuses, express bets of the day, comboboosts, free bets, bet insurance, cashback, and tournaments. It’s important to carefully read the terms and conditions of each bonus offer to ensure that you understand the requirements and restrictions.
Mobile Crypto & Bitcoin Betting Apps
Bitcoin Sports Betting App
The Bitcoin Sports Betting App is a popular mobile app that allows you to place bets on sports events using Bitcoin. The app offers a user-friendly interface and a wide range of betting options, including live betting and pre-match betting. It is available for both Android and iOS devices.
Bitcoin Betting App – Android
The Bitcoin Betting App for Android is a mobile app that allows you to place bets on a variety of events using Bitcoin. The app offers a user-friendly interface and a range of features, including live betting, pre-match betting, and a variety of payment options. It is available for Android devices.
Bitcoin Betting App – iOS
The Bitcoin Betting App for iOS is a mobile app that allows you to place bets on a variety of events using Bitcoin. The app offers a user-friendly interface and a range of features, including live betting, pre-match betting, and a variety of payment options. It is available for iOS devices.
Overall, these three mobile crypto and Bitcoin betting apps offer a range of features and functionality, allowing users to place bets on a variety of events using Bitcoin. It’s important to choose a betting app that is reputable, secure, and user-friendly, and to carefully read the terms and conditions before placing any bets.
Bitcoin Betting Sites Due Diligence
When choosing a Bitcoin betting site, it’s important to do your due diligence and research to ensure that the site is reputable, secure, and offers a fair betting experience. Here are some factors to consider:
- Reputation: Check the site’s reputation and reviews online to see if other users have had positive experiences.
- Security: Look for sites that use advanced security measures, such as SSL encryption, to protect your personal and financial information.
- Licenses: Check if the site is licensed and regulated by a reputable authority, such as the Malta Gaming Authority or the Curacao eGaming Licensing Authority.
- Game selection: Consider the variety and quality of games offered, including sports betting, casino games, and live dealer games.
- Bonuses and promotions: Look for sites that offer generous bonuses and promotions for new and existing users.
- Payment options: Check if the site supports Bitcoin and other cryptocurrencies, as well as traditional payment methods like credit cards and bank transfers.
- Customer support: Look for sites that offer 24/7 customer support via live chat, email, or phone.
By taking these factors into consideration, you can ensure that you choose a reliable and trustworthy Bitcoin betting site for your online betting needs.
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How to Get Started with Bitcoin Betting
If you’re new to Bitcoin betting, here are the basic steps to get started:
Buying Bitcoin
To start betting with Bitcoin, you first need to purchase some Bitcoin. You can buy Bitcoin from cryptocurrency exchanges such as Coinbase, Binance, or Kraken using a credit card, bank transfer, or other payment methods.
Creating a Bitcoin Wallet
Once you have purchased Bitcoin, you need to store it in a Bitcoin wallet. You can choose from a variety of Bitcoin wallet options, including software wallets, hardware wallets, and online wallets. Be sure to choose a wallet that is secure and reputable.
Depositing Bitcoin on Betting Sites
After you have a Bitcoin wallet, you can deposit your Bitcoin onto a Bitcoin betting site. Most Bitcoin betting sites provide you with a unique Bitcoin address to send your Bitcoin to. Simply copy and paste the address into your Bitcoin wallet and follow the prompts to complete the transaction.
Withdrawing Your Winnings
When you’re ready to withdraw your winnings, simply request a withdrawal from the Bitcoin betting site. The site will send your Bitcoin back to your Bitcoin wallet, and you can then sell your Bitcoin on a cryptocurrency exchange or use it to make purchases.
By following these steps, you can easily get started with Bitcoin betting and enjoy the many advantages that come with using Bitcoin for online betting.
Types of Crypto & Bitcoin Bets
When it comes to Bitcoin betting, there are several types of bets you can place on various sports and events. Here are some of the most common types of bets:
Live Bets
Live bets, also known as in-play bets, allow you to bet on events that are already underway. You can place bets on things like the next team to score, the total number of goals scored, or the outcome of a specific play.
Handicap
Handicap bets are when one team is given a point advantage to even out the playing field. For example, if one team is considered the underdog, they may be given a +1.5 point handicap. This means that if you bet on the underdog and they lose by only one point, you would still win your bet.
Express
An express bet, also known as an accumulator or parlay, is a type of bet that combines multiple wagers into one. In order to win an express bet, all of the individual wagers must be correct.
Total
Total bets, also known as over/under bets, allow you to bet on the total number of points, goals, or other statistical measures in a game or event. For example, you can bet on whether the total number of goals scored in a soccer match will be over or under a certain number.
Win Bets
Win bets are the most common type of bet, where you simply bet on the outcome of a game or event. You can bet on the winner of a soccer match, the result of a horse race, or the winner of a political election, among many other options.
By understanding these different types of bets, you can make more informed decisions when it comes to placing your Bitcoin bets.
Most Popular Cryptos Accepted by Crypto Betting Site
There are several cryptocurrencies that are commonly accepted by crypto betting sites. Here are some of the most popular ones:
- Bitcoin (BTC): Bitcoin is the original and most well-known cryptocurrency. It’s widely accepted by most crypto betting sites and is often the preferred choice for both deposits and withdrawals.
- Ethereum (ETH): Ethereum is the second-largest cryptocurrency by market capitalization and is widely accepted by many crypto betting sites. It’s known for its smart contract capabilities and is often used for decentralized betting applications.
- Litecoin (LTC): Litecoin is a popular alternative to Bitcoin and is often accepted by many crypto betting sites. It’s known for its faster transaction times and lower fees compared to Bitcoin.
- Bitcoin Cash (BCH): Bitcoin Cash is a fork of Bitcoin and is often accepted by many crypto betting sites. It’s known for its larger block size, which allows for faster transaction times and lower fees.
- Dogecoin (DOGE): Dogecoin is a cryptocurrency that was created as a joke but has since gained a significant following. It’s accepted by some crypto betting sites and is often used for smaller bets due to its lower value.
- Ripple (XRP): Ripple is a cryptocurrency that’s often used for cross-border payments and remittances. It’s accepted by some crypto betting sites, but not as widely as Bitcoin or Ethereum.
Overall, the most popular cryptocurrencies accepted by crypto betting sites tend to be Bitcoin, Ethereum, and Litecoin. However, as the crypto industry continues to evolve, it’s possible that other cryptocurrencies may become more widely accepted in the future.
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Frequently Asked Questions about Bitcoin Betting Sites
Are Bitcoin betting sites legal?
In most countries, Bitcoin betting sites operate in a legal gray area. However, in some countries, online gambling is illegal, regardless of whether Bitcoin is used or not. It’s important to check your local laws and regulations before using Bitcoin betting sites.
How do I find the best Bitcoin betting site for me?
To find the best Bitcoin betting site for you, consider factors such as the site’s reputation, security measures, game selection, bonuses and promotions, and customer support. Reading reviews and comparing different sites can help you make an informed decision.
Can I bet on sports and casino games with Bitcoin?
Yes, many Bitcoin betting sites offer both sports betting and casino games, including slots, table games, and live dealer games.
How long do Bitcoin deposits and withdrawals take?
The processing time for Bitcoin deposits and withdrawals can vary depending on the betting site and the amount being transferred. However, Bitcoin transactions are generally faster than traditional payment methods, with deposits typically taking a few minutes and withdrawals taking a few hours to a few days.