Sports Betting Sites That Accept Bitcoin

Once you’ve gotten set up with your very own Bitcoin, you’re ready to start betting on an online sportsbook. Below you’ll find a list of our favorite recommended sports betting sites that offer Bitcoin as a deposit method.

If you’re still wondering about the advantages of betting with Bitcoin or need extra information about getting started with Bitcoin, check out our Advantages and Getting Started guides.

Best Bitcoin Betting Sites

  1. Bovada

    When it comes to sportsbooks geared to American bettors, Bovada offers everything you need to bet on the NFL, NBA, MLB and college sports. There’s also lines on hockey, UFC, e-sports and politics. From live betting to exclusive bonuses on certain deposit options, Bovada is the ultimate sports betting site for those looking for quick withdrawals, special promotions and different language options (English and Spanish).

    • Real-Time Lines, Props and Live Betting
    • 24-Hour Customer Service
    • Industry-Leading Promotions
    • Visa
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    • bitcoin
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  2. BetOnline

    Known for their killer Welcome Bonus and refer-a-friend program, BetOnline.ag is focused on the bettor. Choose from player props to $125 worth of risk-free bets when you use this sportsbook for your wagering needs. They also boast early lines and quick payouts, making them one of the most respected in the industry.

    4.5
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  3. 5Dimes

    Keeping things simple, you won’t find an easier-to-use sportsbook than 5Dimes. This online betting site offers reduced lines and is known to be the leader in prop bet offerings. They also provide 50% match bonuses for first-time depositors and you can bet on everything from MLB to NHL to NBA to NFL, college sports and even chess.

    3.5
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  4. Intertops

    With multiple bonuses to choose from, Intertops is your one-stop shop for betting on everything from soccer, football, baseball, tennis, basketball, esports and more. This online sportsbook gives you over 4,000 daily wagers and live scoring so you can track your bets in real time. Plus, their mobile betting site is just as easy to use as their desktop version.

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*Terms and Conditions apply to all bonus offers on this website. Visit operator for details.

What is Bitcoin Betting?

Bitcoin is a cryptocurrency, but unlike the US dollar, Bitcoin only exists on the internet. This fact doesn't diminish the value of Bitcoin, and betting sites are excited to accept it as a valid means of betting. 

Bitcoin is a form of digital money that operates without a central bank to regulate it. Without intermediators, Bitcoin users can buy and sell goods and services through a peer-to-peer network. Since its inception in 2008, Bitcoin has slowly become a popular method of funding online betting accounts because it’s easy, fast and there is no third-party involvement.

Bitcoin betting works like any other form of online wagering. When you sign up for an online sportsbook, you would simply select Bitcoin as your deposit method.

Why Bet with Bitcoin?

There are a lot of advantages to betting with Bitcoin, and just a few of them are:

Faster Deposits & Withdrawals

Bitcoin deposits and withdrawals are much faster than traditional payment methods. Times can vary based on the current load on the Bitcoin network, but in general you’ll experience much faster deposit and withdrawal speeds with Bitcoin.

Reliability

Unlike credit cards, which can get blocked or denied, Bitcoin transactions just work. Because there are no third-party intermediaries approving the transaction, when you send Bitcoin to your online betting site, you can be confident that it will arrive and get deposited (but always double-check that you’re sending it to the right address).

Higher Limits

Online sportsbooks often offer higher deposit and withdrawal limits for Bitcoin users, making it the currency of choice for many bettors. Betting sites typically offer lower deposit minimums for Bitcoin users as well, making it even more appealing than traditional payment methods.

Protection from Price Volatility

We all know that the price of Bitcoin can go up and down by quite a bit every day, but betting sites take the worry out of price fluctuations by automatically converting Bitcoin into USD once it’s deposited. So you never have to worry about the price of Bitcoin while you’re betting.

 

How does Betting with Bitcoin Work?

If you were to use your Visa to bet on sports, the money would come from your credit card. You’d get a monthly statement with a line item for your favorite betting site. You’d also be able to see this transaction in your online banking app. For some people, this record is unnecessary and they don’t need all the extra paperwork (or electronic paperwork). With Bitcoin, there is no paperwork. Transactions are stored in the blockchain. This public e-ledger records each transaction made with Bitcoin. Basically, it’s a ledger that is updated every 10 minutes with transaction information. So, if you were to deposit money to any of the Bitcoin sports betting sites we recommend above, this information would be added to the blockchain.

With Bitcoin betting, you don’t have to keep your own records since everything is stored in the blockchain. You’re also free of third-party involvement which is something that doesn’t exist when using your banking information to fund your betting account. Plus, there are little or no transaction fees – depending on the Bitcoin betting site – which could lead to greater financial flexibility for your own bets.

Moreover, when you use Bitcoin, there is less chance of fraud and identity theft since only you can access your wallet (where your coins are stored). Your wallet keeps a secret piece of data (private key) that dispatches the relevant information and mathematical proof that there are coins available for you to use to bet with.

 

How to Sign Up at a Bitcoin Sportsbook

After you’ve bought your coins, you’re ready to sign up at any of the sportsbooks that accept Bitcoin. You’ll need to provide your name and email address. Select “Bitcoin” from the list of deposit options and the sportsbook will give you their Bitcoin address (you may also see this called the “public key”). You’ll then input this number into your Bitcoin wallet, choose the amount you want to add to your betting account and hang tight. It takes a few minutes for the money to show up in your sportsbook account, but once it’s there, you can make your first bet.

 

Bonuses and Rewards for Bitcoin Sports Gambling

Besides the added layer of security you get with Bitcoin, you’ll likewise be entitled to a slew of Bitcoin-specific deposit bonuses and rewards. Bitcoin sports betting sites offer bettors special promotions just for using Bitcoin. These rewards vary from sportsbook to sportsbook so make sure to read the terms and conditions before accepting any bonuses.

 

Bitcoin Sports Betting

Whether you’re using the $5 check your grandparents sent you for your birthday or coins from your Bitcoin wallet, the sports you can bet on remain the same. Furthermore, the type of bets you can make also remain the same. Choose from the moneylinepoint spreadteasersparlaystotalsprops and futures bets.

Let’s say there’s a huge fight coming up and you’re looking to make a bet. Bitcoin boxing betting would work the same way it would if you were using another currency. No matter what you’re betting on – baseball, football, basketball, tennis, hockey, golf – you can easily do so on the best Bitcoin sports betting sites.

 

Bitcoin Live Betting

Live wagering is a fun way to bet on sports and Bitcoin betting is no exception. Legit Bitcoin gambling sites offer in-play betting allowing you to bet on each at-bat, drive and shot. Instead of placing your bets before the game starts, you can continue to bet while the game is going on.

Choose from any of the sportsbooks on our Bitcoin gambling sites list and you’re good to go. Please check out our Bitcoin for Online Betting FAQ page to learn more.