Best Crypto Sports Betting Sites in 2023: Top Crypto Sportsbooks Ranked
Cryptocurrency and sports betting are two of the hottest topics in the world of online entertainment. Over the past few years, the popularity of online sports betting sites using cryptocurrency has grown exponentially as more and more people seek a convenient and secure way to place bets using cryptocurrencies. In this article, our experts here at Cryptonewsz have listed the best crypto sports betting sites with the best perks, including fantastic user experience, anonymity, faster transaction times, and better odds.
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Best Crypto Sports Betting Sites 2023
- Bovada – Overall Best Crypto Sportsbook
- BC.Game – Offers Huge Banking Options & Fast Payouts
- BetUs.com – Legit Site With Live Sports & TV Shows
- SportsBetting.ag – Popular for Good Bonus Offereings
- BetOnline.ag – Best for Crypto Betting Odds
- Jazz Sports – Sign Up to Get 300% Match Bonus+100 FS
- FairSpin – Crypto Sportsbook With Major Markets
- xBet – Best Known For Lucrative Welcome Bonus
- MYBookie – Crypto Bettors Prime Choice for Placing Bets
- Nitrobetting – Get 200% Sign Up Bonus Up to 40 mBTC
Top-rated Crypto Sports Betting Sites – A Quick View
1. Bovada
Bovada is one of the most popular gambling sites worldwide. Along with a sleek user interface, it has a welcome bonus as one of the main attractions. The platform offers casino, sports betting, and also live betting through which bettors can bet on all the major sports and sporting events.
Pros
- Offers top-rated sportsbook
- Has over 30,000 daily markets
- Great live betting and mobile betting app
Cons
- Lack of bonuses & promotions for returning players
- Demo mode not available on all games
Bovada review
2. BC.Game
BC.Game is one of the newest players in the market, launched in 2019. It offers a wide variety of casino games and online sports betting options with stunning graphics and visual effects. Players can register and avail up to 300% deposit bonus.
Pros
- Offers players option to play virtually with any cryptocurrency
- Has huge payment options
- VIP levels offer huge rewards
Cons
- Probably fair option missing in few games
- Players cannot buy crypto on their site
BC.Game review
3.
BetUS
Launched in 1994, BetUS is a veteran betting site best known for its casino, sportsbook, and racebook. Apart from its easy-to-use interface, it accepts huge payment methods, a wide variety of games, along with top-rated 24/7 customer service.
Pros
- Offers 125% Welcome bonus up to $3125 on 1st deposit
- Fast payouts within 48 hours
Cons
- A 14-day time limit on most bonuses
- Restricted in many countries
BetUS Review
4. SportsBetting.ag
SportsBetting.ag, launched in 2003, is a licensed platform by the Panama Gaming Commission. With over 400+ slots games, the platform offers a huge range of sports and other casino games. SportsBetting.ag accepts over 26 banking methods, including over a dozen of cryptocurrencies.
Pros
- Popular for Sportsbook, Horses, and Casino
- Massive casino races & sports betting competitions
- Excellent banking options and fast payout speeds
Cons
- High rollover requirements on crypto betting bonuses
- High fees on few banking methods
SportsBetting.ag Review
5. BetOnline
BetOnline has a decent reputation among crypto gamblers in the United States and other countries where gambling is legal. BetOnline’s various banking methods and various bonus offers are one reason why it is such a top-rated gambling site.
Pros
- Offers 50% welcome bonus up to $1,000
- Multiple promotions for new & existing customers available
Cons
- Banking fees can be high
- Upto 30x rollover on some bonuses
BetOnline.ag Review
What Is Crypto Sports Betting?
Crypto sports betting refers to the use of cryptocurrency as a means of placing bets on sporting events. Rather than fiat currency, cryptocurrency is used for wagering on the outcome of a sport in cryptocurrency betting. Online cryptocurrency sports betting is a form of gambling where casino players place a crypto bet on the outcome of sporting tournaments and matches (virtual or real-time)
Most of the top online casino platforms feature a crypto sportsbook section owing to the growing popularity of sports betting with cryptocurrency. These sites also enable different betting markets like future bets, prop betting, etc. Sports gamblers, thus, can choose a site based on the preferred cryptocurrency and betting options.
How We Select the Best Crypto Betting Sites?
A lot of things are taken care of while selecting the best crypto betting sites. We have listed out a few of the key factors that are taken into consideration in our analysis.
Reputation
It is essential to choose a trustworthy service provider. We specifically choose the best crypto sports betting websites that are reputed and provide complete information about the bonus offered, access to funds for placing a bet, etc. Look for reviews and feedback from other players to ensure that the site is trustworthy and reliable. As per our recommendation Bovada and BC.Game are fully licensed under the laws and regulations and is well known for being gambling-friendly.
Secured Payments Methods
A secured payment method is preferred by the players. Every sportsbook has different payment methods; some support credit card & debit card payments, while some use bank wire transfers and others. We make sure that our reviewed crypto sportsbooks have strong measures in place that ensure crypto payments run smoothly without any hassle.
Fast Deposits & Withdrawals
While crypto sports betting sites are known for faster withdrawal of funds, the time varies and is determined by the type of token involved. Our expert team looks for best crypto gambling sites offering instant access to deposited cryptocurrency.
Sports, Lines, Odds
Analyzing the odds, lines, and sporting matches available to wager is yet another factor that we look out in the right crypto online sportsbook platform. We ensure whether the site offers the right odds for the number of crypto funds one is ready to spend or not. Like BetUS.com is one of the best as compared to many other crypto sports betting sites in terms of competitive odds, sports, and lines.
Bonuses and Promotions
All the sports betting sites that accept cryptocurrencies we review have exciting bonuses and promotions, along with VIP programs. These are important elements to consider when choosing a betting site. As a matter of fact, most often, bettors choose a betting site that offers a VIP program with a myriad of bonuses in the form of cryptocurrency.
Wide Range of Crypto Sports Betting Markets
The main objective of using the best crypto sports betting sites is to bet on sports, so we make sure that each bookie that we have listed offers a huge range of betting markets, such as soccer, tennis, football, basketball, baseball, and more.
Anonymous Betting Feature
Anonymous sports betting with crypto is a relatively new trend in online gambling, allowing bettors to bet without revealing their identity. Here, many of our listed crypto sports betting sites include this feature. If this benefit sounds good to you, then you can consider Betonline.ag, which has the best anonymous options.
Customer Support
Most of the reputed crypto casinos with a sportsbook section offer 24/7 live chat support. Some also offer email support, the links one can find on their customer service page.
How to Bet On Cryptocurrency Sports Betting Sites?
Betting on cryptocurrency sports betting sites is quite simple and also convenient. It is the best way to engage with the world of sports and cryptocurrency. All you need to do is make sure you understand the risks and take the necessary steps to protect your funds. Here’s how to start betting with crypto:
- Select a cryptocurrency sports betting site that accepts all types of cryptocurrencies. There are several popular options, such as Bitcoin, Ethereum, Litecoin, etc., so make sure you choose the right site.
- Create an account and deposit cryptocurrency. This process is easy, but make sure you go through all the terms and conditions of the cryptocurrency betting website.
- After depositing cryptocurrency in your account, start placing bets on any sporting events. Understand the odds and the rules of the particular event you’re betting on.
- Your winnings will be added to your crypto betting account. You can later withdraw this cryptocurrency or use it to place more crypto bets. Some of the best crypto betting sites may put a limit on how much you can withdraw at a time, so make sure you know this before creating an account.
It is important to gamble responsibly and only bet with money you can afford to lose, so players should keep an eye on all the risks involved with cryptocurrency sports betting before they start.
Pros and Cons of Crypto Sports Betting Sites
Pros
Cons
Attractive promotions and bonuses, including welcome bonus. Lack of chargebacks. Anonymous sports betting. Volatility of the crypto market. Utmost transparency due to blockchain network. Irreversible transactions. Myriad of sporting activities to choose from. Fees charged for withdrawing funds. Top-notch customer support and the most attractive service Lack of regulation compare to traditional betting. Same-day payouts with no restrictions on deposit or withdrawal amount. Tax treatment for crypto winnings is unclear to some jurisdictions.
Popular Cryptocurrencies Used for Betting
After the inception of the first digital coin, many other cryptocurrency tokens were introduced into the market. In fact, the cryptocurrency market accounts for at least $1.3 trillion. Although there is a broader range of markets, not all the different cryptocurrency tokens are successful. That said, choosing the right crypto for placing a bet on the preferred sport is important. Take a look at some of the cryptocurrency tokens listed here:
Bitcoin
Bitcoin sports betting sites still dominate the crypto igaming industry. A lot of online gambling and betting platforms have BTC games, lucrative BTC welcome bonus offers and more.
Betting on such sites is simple, and you can find numerous guides online. Huge range of sports to bet on, hundreds of sports events, good selection of crypto betting markets – all make this cryptocurrency attractive for both beginners and professionals looking for exclusive bets accessible with crypto.
Ethereum
Similar to other cryptocurrencies, Ethereum is an open-source, blockchain network. Various sites of Ethereum sports betting support withdrawals of other cryptos and fiat currencies as well.
It is often advised to choose an Ethereum betting platform with a very low withdrawal limit. That said, placing a bet on ETH sports wagering sites is considered both safe and legal.
Ripple
XRP is the native coin of the Ripple network that is best known for its real-time gross settlement system. The Ripple network is also known as the top cross-country transaction facilitator with seemingly very low fees. That said, a Ripple sports betting platform will enable gambling enthusiasts to play in an online sportsbook platform located in another country.
Cardano
ADA is the preferred cryptocurrency coin of any Cardano online sportsbook platform. Although a decentralized crypto platform, a Cardano sports betting site offers distinctive benefits.
Some of these include cheaper deposits and withdrawals, along with enhanced player privacy. Low deposit fees and an attractive welcome package is offered by some of the best Cardano casino sites.
Dogecoin
Dogecoin has a good reputation as a fun-based digital currency that is ranked among the top 10 digital currencies since last several years and most of the gambling platforms offer it as a deposit option as funds to bet on. Dogecoin sports betting sites are the best means of increasing one’s Dogecoin holdings.
Litecoin
Litecoin is one of the digital currencies that have exhibited faster growth. Litecoin sports betting involves funding one’s sportsbook account using Litecoin for wagering. Such sportsbooks enable individuals to buy LTC using a credit card or other payment options.
Needless to say, standard deposit and withdrawal fees apply at all Litecoin casinos.
Binance Coin
Binance coin sports betting involves the use of the native currency of the Binance crypto exchange. Binance is one of the latest cryptocurrencies that has garnered popularity, making it one of the popular choices for wagering.
Bitcoin Cash
There are numerous cryptocurrency betting sites that support Bitcoin Cash sports betting as Bitcoin Cash is as popular as other crypto because of the support from the mining community.
Solana
Solana is also popular crypto since last couple of years, and it gives safety when it comes to Solana sports betting. Solana cryptocurrency is well known for its hybrid model of proof-of-history (PoH) and proof-of-stake (PoS).
Stellar
XLM (Stellar) is an open-source, distributed payment infrastructure. The value of the coin is ever-increasing, making it an ideal investment asset. Stellar sports betting is available in various top casinos.
Tether
Tether as a digital currency has its own set of merits that are extended to Tether sports betting.
One of the best features of tether casinos is their liquidity which is hence extremely popular amongst people.
Popular Sports To Bet on Using Crypto
A growing number of sports betting platforms enable you to bet with cryptocurrency on a vast range of sports. While the options are many, the trick lies in selecting the right type of wagering option. Here’s a detailed guide about different sports to bet on using crypto:
Football
Wagering on the outcome in crypto football betting is the same as traditional crypto betting sites. Football is in fact one of the most common sports where results are wagered on for earning profits.
The NFL is one of football’s premier leagues that has fans worldwide, making it a popular event for crypto wagers. Some NFL crypto betting sites also allow visitors to play using both fiat and digital money.
Cricket
The best crypto betting sites for cricket have a multitude of options for sports betting. With the most attractive layout and amazing user experience, players get to enjoy betting on cricket through dedicated crypto cricket betting sites.
Hockey
Hockey, without any doubt, is the most popular game. Many NHL crypto betting sites are legal and safe, and most of them allow their visitors to wager on various sports bets, point spread being the most common among all. The rules and requirements are the same as the other sporting events involving digital money.
MMA
UFC or Ultimate Fighting Championship, is a tournament that involves Mixed Martial Arts or MMA sport. In fact, some of the well-known sportsbooks online allow wagering on the outcomes of UFC crypto betting. Some top crypto betting sites allow visitors to place wagers on eSports fighting championships when they have a gaming account.
Basketball
Basketball is considered one of the great sports to bet on. The growth of online sportsbooks has enabled NBA crypto betting, making it simple and convenient for basketball enthusiasts to support their favorite teams.
Baseball
The continued growth of digital currencies has encouraged a lot of baseball fans to bet on MLB tournaments through various websites having MLB crypto betting.
What are Crypto Sports Betting Dapps?
With the advent of different cryptocurrencies, crypto sports betting dApps in crypto casinos have emerged as an efficient alternative to traditional online casinos. Decentralized applications, also known as dApps, is enabled by blockchain technology and operate on a decentralized P2P blockchain network. These betting dApps work in the same way as other software, and it is based on a gambling website or mobile app.
The unique feature of the crypto sports betting dApps is their unkillable nature, having no central or single point of failure. Being decentralized, dApps are capable of controlling all data and activities through the support of distributed blockchain networks. This means dApps run on blockchain systems instead of functioning on centralized servers.
Types of Sports Bets to Place on Crypto Sportsbooks
While there is a wide variety of crypto sports betting options and types, garnering expertise in one or more wagering styles will certainly help. Listed below are some of the common types of crypto wagers popular among gamblers at online casinos:-
Moneyline: Picking Winner
When casino players make a Moneyline wager, rather than a point spread, they pick a team to win straight and square. Typically a Moneyline bet applies for casino games like hockey, cricket, baseball, etc. Also known as the win bet, a Moneyline wager is the simplest type of bet. Moneyline involves picking a prospective winner of a match or event.
Totals over/under
Total, also known as over-under is yet another popular type of bet where the players wager on the combined score of the teams involved in a match. Players may either go over the score or under the score. In totals, the bookmaker typically sets the line for a total score, which could be the goals or runs scored, depending on the type of sport.
Point Spread: Margin of Victory or Loss
In a point spread online betting, players wager on the match player who is likely to ‘cover the spread. Here, the bookmaker creates the spread by making the players of the match equal favorites wager upon. In a point spread, the underdog is ‘given’ points while the favorite is deducted points.
Futures Bets: Long-Term Wagers
Futures bets are also referred to as outright bets. Here, the players wager on the winner of a match, tournament, leagues, etc., way before the match starts. Futures are sometimes also referred to as ante-post crypto wagers. Futures applies to various kinds of sporting games, including and not limited to golf, soccer, football, tennis, etc.
Prop Betting: Hitting Milestones
Prop betting or proposition betting, also known as specials are wagers placed on a specific aspect or prop of a match, which will, in turn, affect the outcome of the match. Wagering on the team that would score first or a player scoring the highest constitutes prop bets. Unlike the other types of wagers, luck does not factor in prop betting as it is based on strategies and analysis.
Parlay Betting: Combining Bets
Parlay wagers involve combining the crypto bets and are also referred to as multipliers or accumulators. Here the bettor is allowed to have multiple selections for a single wager. For instance, rather than choosing one team in a tournament, the bettor can select more than one team.
How Crypto Will Change the Future of Sportsbooks?
Crypto sportsbooks offer many advantages, and it will definitely change the future of the gambling world. This is attributed to the integrity expressed by the crypto coin network. Some of the major advantages are as follows:=
Speed
Cryptocurrencies are well-known for faster transactions, where each transaction is verified and confirmed on the blockchain of the digital coin network.
Visitors can place a bet much faster compared to standard sportsbooks, as most of them have inbuilt crypto wallets. Payouts are much faster as some of the best crypto sportsbooks cash out the winners’ earnings the same day or take up to 3-4 working days.
Volatility
Cryptocurrencies are highly volatile digital coins that make them a very popular investment asset. The crypto market is highly volatile; as a result, high rollers can profit in the long run by cashing out the cryptocurrencies won when the value of these coins increases. Thus, one can invest in small amounts and multiply them by wagering on crypto sportsbooks. As a matter of fact, crypto gambling sites are a surefire way of increasing one’s crypto holdings.
Increased Options Regardless of Regions
Cryptos are decentralized in nature. This means that they are not governed or controlled by a single authority like banks or governments, unlike fiat currencies. That said, crypto tokens can be used for global transactions. Crypto sportsbook websites enable users from different regions to access crypto gambling USA sites of other countries or jurisdictions.
Privacy and Security
Compared to standard betting sites, a crypto-based sportsbook offers additional security to its customers. Users can choose two-factor authentication for password protection during the account registration process.
Crypto sportsbooks also offer privacy that allows anonymous betting. While the customers must complete KYC during account registration, the transfers involving any digital coin remain anonymous.
Conclusion
Crypto sports betting is growing in popularity as one of the methods of increasing one’s cryptocurrency holdings. This comprehensive and detailed guide has ranked and reviewed some of the best cryptocurrency sports betting sites in the market right now. Most of them offer attractive bonuses, thousands of sporting markets, near-instant withdrawals, and various cryptocurrency payment methods. Choose the best crypto betting site from our list and start online betting with popular digital currencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and more.
FAQs
Is Crypto Sports Betting Website Legal?
It depends on the jurisdiction of the gambler where gambling laws apply. However, as cryptocurrency offers a unique user experience, even bettors from countries with gambling restrictions can visit crypto sports betting sites.
Is It Safe to Place Sports Bets With Crypto?
Placing a crypto bet is comparatively safer than placing a bet involving a traditional currency. The reasoning behind this is any type of crypto coin is backed by blockchain. And, even though the tokens facilitate user anonymity, the digital currency transaction is always accounted for.
What is Most Profitable Sport to Bet On?
Many successful gamblers consider football and basketball match to be quite predictable. Nevertheless, the type of wager matters to earn profits rather than the game.
How to Bet on Any Sport with Crypto?
To place a cryptocurrency bet, one must first create a user account on online crypto sports betting sites. While some top online crypto casinos have crypto wallets, others require gamblers to open a wallet account. After buying crypto, they must deposit the same in their casino account. Now, all that is required is to wager and withdraw the earnings in the form of crypto or its equivalent currency.
Is Betting DApp Available?
Yes, some of the well-known crypto sports betting sites offer betting DApps.
