Sports Betting Sites That Accept Bitcoin

For sports bettors, making a deposit at any betting site can raise concerns. Where does my money go after I bet on the Super Bowl? What happens if I want to cash out a winning bet quickly? These are all important questions, and a way to feel more secure about where your money goes when it comes to online betting is to use Bitcoin (BTC).

The majority of major online betting sites have already integrated Bitcoin as an accepted method of making deposits and withdrawals. In fact, many of the leading internet betting brands have made Bitcoin a big part of their business model by offering players incentives to use this currency. This is good news for you, the bettor, because BTC gives you the freedom to deposit and withdraw your funds fast and safely.

Below, we’ll show you how to bet with this cryptocurrency and what the best Bitcoin betting sites are.

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).

    • First Deposit Match 50% up to $250
    • Top Sportsbook for American Players
    • One Account for Sports, Casino & Poker
    • Visa
    • MasterCard
    • bitcoin
    Signup Bonus
    50% Up To $250
    Play Now
  2. BetOnline

    Known for their killer Welcome Bonus and refer-a-friend program, 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.

    Signup Bonus
    50% Up To $1000
    Play Now
  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.

    Signup Bonus
    50% Up To $520
    Play Now
  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.

    Signup Bonus
    100% Up To $500
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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, which means like Bigfoot and the Loch Ness Monster, it doesn’t physically exist. However, with Bitcoin, while it may not physically exist, it does digitally exist for you to bet with. Many people use the word “bitcoin” interchangeably with “crypto” in the same way we refer to “facial tissues” as “Kleenex.” However, it is a specific currency, and there are other e-currencies out there like Ethereum, Dash and Litecoin.

It is a form of electronic cash that operates exclusive of 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 2009, 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 bet deposit method.

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 series of data 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 BTC 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 BTC 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 BTC 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 BTC-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.

BTC Sports Betting

Whether you’re using the $5 check your grandparents sent you for your birthday or coins from your BTC 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 moneyline, point spread, teasers, parlays, totals, props 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 BTC 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.