Cryptocurrencies are becoming increasingly popular, especially in transactions or forms of online entertainment. The most prominent is online sports betting at reputable bookmakers. Of course, in the world today, the number of bookmakers that allow betting with cryptocurrencies is not much. Not to mention whether those betting websites are safe and secure or not. Novice or long-time players who want to switch to betting with cryptocurrency will have to be very careful. So to solve this problem, admin Wintips will help you come up with Top 8 Best Crypto Sports Betting Bookmakers in the world. Let's see what stands out to these bookmakers.
Best Crypto Sports Betting Bookmakers - Top 8 pick
1/ W88
W88 is an online platform licensed by Curacao with a mobile-friendly interface that accepts Bitcoin and over 15 alternative cryptocurrencies. This brand offers a variety of casino games and lotteries alongside sports betting with BTC. With over 7000 casino games on the website, mostly video slots, many of which are certified by iTechLabs for their RTP. Live casino table games are provided by Evolution. Another notable aspect of W88 is its attractive welcome bonuses and well-developed VIP program, known among the betting community.
On the cryptocurrency sports betting section of the W88 website, you can easily find trending sports events under the "Popular Right Now" section. Sports you can bet on include soccer, basketball, cricket, E-Sports, American football, ice hockey, rugby, table tennis, and more. The E-Sports section is particularly rich, featuring NBA 2K, FIFA, CS-GO, Valorant, and Dota 2.
2/ M88 - Crypto sports betting
In 2003, the M88 betting site (full name Mansion88) was officially launched. It was also one of the earliest cryptocurrency betting platforms in the Asian market. M88 is known for its high transparency and has consistently been voted as the most reputable betting site in Asia for many years.
Not only does M88 offer a diverse range of products, but it also collaborates with and sponsors many prestigious tournaments and clubs such as Manchester City and Crystal Palace. Recently, M88 became the exclusive Asian partner of La Liga for the 2020-2024 season.
M88 is recognized and licensed by PAGCOR (Philippine Amusement and Gaming Corporation), the regulatory body for gaming and entertainment in the Philippines. Only platforms that meet the standards and are recognized by the Philippine government receive this license. M88 is under strict supervision by PAGCOR during its operations. Players even have the right to appeal to PAGCOR in case of disputes with the licensed betting site.
3/ BK8
BK8 is a versatile platform, serving as both a sports betting site and a casino. Its on-site blog adds value by providing in-depth content about cryptocurrency betting, event schedules, ongoing promotions, and updates in the betting industry.
The platform's commitment to user engagement is further demonstrated through its generous welcome package, offering a significant 125% increase on deposits up to $1000. With a modest minimum deposit requirement of $20 in cryptocurrency and a reasonable 35x wagering requirement, BK8 ensures an accessible entry point for players at various levels.
The deposit and withdrawal processes on BK8 are organized logically, providing unprecedented ease for users. Those with existing cryptocurrency wallets can start betting immediately upon registration without waiting for deposit or withdrawal processing times.
4/ Stake - Crypto sports betting
Stake.com is one of the most recognizable cryptocurrency sports betting brands worldwide. It is licensed by Curacao and provides a top-notch platform for sports betting with Bitcoin. The platform offers a wide range of sports betting options accessible through the "All Sports" section.
For live betting, users can access the "Live Events" section organized by sport. The website accepts various cryptocurrencies, including Bitcoin, Litecoin, Ethereum, Tron, Ripple, Dogecoin, Bitcoin Cash, and Tether. Additionally, Stake.com offers a unique VIP Club loyalty program that rewards consistent players as they climb levels.
5/ Betway - Crypto sports betting
Betway is a prominent online gaming platform that has attracted over 16 million users since its establishment in 2016. Offering a wide range of gaming options, from traditional slot machines to electronic sports betting and exclusive in-house games like Slot Battles, Gamdom caters to diverse gaming preferences. The platform ensures fairness and transparency through games proven to be fair, providing players with a sense of trust and security in their gaming experience.
Customer satisfaction is paramount at Betway, evident through their 24/7 live support service and chat moderation in multiple languages. Their commitment to providing a safe and enjoyable environment is further emphasized through their strict responsible gaming measures, including options for self-exclusion and permanent account closure.
6/ Sbobet
The visually appealing Sbobet website is characterized by its sophisticated black background adorned with gold elements, enhancing the overall digital experience. Seamless navigation between the casino and sports betting sections contributes to a user-friendly access.
Handling deposits and withdrawals through a focus on cryptocurrency, Sbobet accepts major digital currencies such as Bitcoin, Tron, Binance Coin, and Dogecoin. This ensures efficient transaction processing and caters to the preferences of cryptocurrency enthusiasts. Partnering with 72 software providers, including industry giants like NetEnt, Microgaming, and Evolution Gaming, Sbobet offers a wide variety of games. From slot machines and table games to live casino experiences and unique interactive games, this platform meets the diverse gaming palette.
7/ 22Bet - Crypto sports betting
Delving into the platform of 22Bet, established in 2019 and owned by Santeda International BV, operating under a Curacao license. With a range of supported currencies and languages, 22Bet strives to serve a diverse global audience, ensuring accessibility and comprehensiveness.
When evaluating the reputation of 22Bet, it can be seen that the platform still maintains a commendable position in the online gambling community. Supported by Sainted International BV, a reputable operator in the industry, 22Bet benefits from its extensive experience and global presence. Although occasional user complaints, mainly related to deposit issues and delays in withdrawals, exist.
8/ Mega Dice - Crypto sports betting
Operating under Curacao's prestigious license, Mega Dice is a global thrill ride accessible in multiple countries, either directly or through the convenience of a VPN. Setting itself apart in crypto casino trends, Mega Dice exclusively accepts cryptocurrency payments, providing players with a secure and efficient gateway to engage in an exciting gaming experience.
At Mega Dice, new players are greeted with open arms and an attractive reward package that sets the stage for a rewarding journey. The generosity doesn't stop there, as ongoing promotions and loyalty programs ensure that registered players continue to enjoy privileges and offers.
Why choose crypto sports betting?
Cryptocurrencies are the smarter choice
In online sports betting, fiat currency (traditional currency such as USD, EUR, etc.) has long been the standard. However, fiat currency is somewhat outdated, while cryptocurrencies represent a new and revolutionary field. It's certainly fantastic and revolutionary.
Cryptocurrency sports betting websites allow you to step into the future of online gambling. These websites harness the power of blockchain technology. With these sportsbooks, you can enjoy decentralized transactions and the exciting world of digital assets. Moreover, with cryptocurrencies, you are not bound by traditional banking systems and their limitations. You can apply a new, more dynamic approach to betting.
Provide privacy and anonymity
One of the main advantages of using cryptocurrencies for sports betting is privacy and anonymity. When you make a traditional bank transfer or use a credit card, your bank and other parties will know about your transaction.
But when you use cryptocurrency, you can enjoy more privacy. Your cryptocurrency transactions usually have a pseudonym. That means they're not directly linked to your identity. This can be especially attractive if you want to keep your betting activities private.
Enjoy faster trading and higher limits
Paying with cryptocurrency offers significant advantages over traditional payment methods. They are lightning fast. Your transaction speed may vary depending on the specific cryptocurrency you use. But many transactions take place almost instantly. Also, some of the top crypto sports betting sites don't impose limits on how much you can withdraw at one time. If you achieve great success, you will not be restricted in how much you can withdraw.
How to choose a high-quality crypto sports bookmaker?
Review of available payment methods and crypto
When depositing funds into your sports betting account, the more options available, the better. Look for cryptocurrency sports betting websites that support multiple types of cryptocurrencies. This ensures that you can choose the cryptocurrency that best suits you.
Additionally, check if the website regularly adds new currencies. This could be a sign of their commitment to staying updated with the latest trends in the cryptocurrency market. Furthermore, you should look for websites that offer fiat currency payment methods as alternatives. This provides a backup option if you plan to change your deposit method.
Consider withdrawal speed and limits
Cryptocurrency transactions are known for their speed. That being said, some cryptocurrency sports betting websites may introduce an additional verification step. This could add waiting time to your withdrawal process. Ensure that the withdrawal speed is close to the speed that cryptocurrency technology can provide.
You don't want to wait longer than necessary for your winnings. Another important factor to check is the withdrawal limits of the betting site. Different websites may have different withdrawal limits. Always choose one that aligns with your betting goals.
Pay attention to sports, odds and markets
Variety is an important aspect of sports betting. You want a lot of choice. Look for crypto sports betting sites that offer a wide selection of sports and esports. This should include national and international events. You may also want to consider whether the site offers live betting options. They add excitement to your betting experience.
Choose reputable sportsbooks
Before you place your bets, make sure the crypto sports betting site welcomes players from your country. Using a site that does not accept players from your country can lead to various problems. To confirm your site's eligibility, see its terms and conditions. Some sites may accept players from various regions. But it's safer to choose a place that welcomes bettors from your location.
FAQs about crypto sports betting?
Is it safe to bet on sports with cryptocurrency?
Betting with cryptocurrency is just like betting with fiat currency. Most sports betting websites even convert the value of your cryptocurrency into fiat currency so that when you place a bet, you are betting the current fiat value.These websites primarily use cryptocurrency for deposits and withdrawals. That's when you need to be cautious and always double-check the addresses you are sending and receiving to—because cryptocurrency transactions cannot be reversed.
Is it legal to bet on sports with cryptocurrency?
Yes. Betting on sports with cryptocurrency is no different from betting on sports with fiat currency. If sports betting with fiat currency in your country is legal, then sports betting with cryptocurrency is also legal.
How to bet on bitcoin sports?
It's easy: Find a website where you can legally play. Deposit your money while double-checking the address. Then, after you win, withdraw your money to the cryptocurrency address of your choice—once again, make sure to double-check the address to ensure your funds are not lost.
Conclude
Cryptocurrency sports betting is quite new and there are not many bookmaker legit that support this form. Therefore, to avoid losing money wrongfully or falling into a fraud trap, players need to be really alert and attentive before participating. In other words, you can find out and choose to register an account of 1 of the 8 bookmakers we just listed above. Have fun playing and will have a lot of interesting experiences with this form of entertainment.
See also: How to be a bookie? Things to know when becoming a bookmaker